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Event prediction markets like Kalshi and Polymarket are buzzing in America: Should India allow them too?
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Let the Bitcoin bubble deflate: It’s time to tokenize assets that hold intrinsic value
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The great crypto reckoning: Wake up and get real about this class of pseudo assets
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What lies ahead for Altcoins: Looking at the future of diversified portfolios
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28.03 / 02:11
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Fed's Collins says it is clear tariffs will drive inflation up near term
Federal Reserve Bank of Boston President Susan Collins said on Thursday that Trump administration tariffs will drive up inflation in the U.S. but it is unclear how persistent that upward pressure will be. «It looks inevitable that tariffs are going to increase inflation in the near term» and it seems more likely than not the jump will be short lived, she said in an appearance in Boston.
28.03 / 02:11
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TRADING DAY-Investors find auto motive for caution
Trump escalated the global trade wars with his plans to slap aggressive tariffs on auto imports from next week. There was no uniform flight to safety, however, even though gold leaped to a new high, as mounting inflation concerns pushed up Treasury bond yields. My column below shines a light on the rather surprising resilience shown by currencies of the countries that will be hit hardest by Trump's auto tariffs.
28.03 / 02:11
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UK’s non-dom tax changes could be driving out billionaires like Lakshmi Mittal
Lakshmi Mittal is weighing the possibility of leaving the UK following the government’s decision to end tax benefits for non-domiciled residents. If he proceeds with this move, he will be among the wealthiest entrepreneurs to leave due to tax reforms. According to a Financial Times report, Mittal, who has lived in the UK for nearly 30 years, is assessing his options in response to the Labour government's decision to abolish the «non-dom» tax regime. This policy allowed certain UK residents to avoid taxes on foreign income and gains. “He is exploring his options and will take a final decision over the course of this year,” said a close associate. “There is a good chance he will cease to be a UK tax resident.” The billionaire and his family ranked seventh on the Sunday Times list of Britain's wealthiest individuals last year, with an estimated fortune of £14.9 billion. He owns multiple properties across Europe, the US, and Asia, including a chalet in St Moritz, Switzerland, and has recently been investing in Dubai real estate.
28.03 / 02:11
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L2: Empuraan breaks Malayalam cinema’s opening records, grosses Rs 22 crore on day 1
L2: Empuraan, starring Mohanlal and Prithviraj Sukumaran, has set a new benchmark at the box office with a record-breaking Rs 22 crore collection on its opening day. The film has reportedly shattered previous records, surpassing even the highest day-one earnings in Malayalam film history by more than double. According to trade tracker Sacnilk, L2: Empuraan raked in Rs 22 crore in India on its release day, a figure that dwarfs the previous record of Rs 8.95 crore set by Prithviraj’s The Goat Life earlier this year. The previous top opening was set by Lucifer in 2019, which earned Rs 6.10 crore. Notably, the film enjoyed a strong 60% occupancy across all Malayalam shows, with certain regions like Kochi and Kozhikode—where Mohanlal enjoys immense popularity—seeing occupancy rates soar past 90%, with almost all shows selling out. The impressive Rs 22 crore total includes Rs 19.45 crore from Malayalam audiences, while the Telugu version earned Rs 1.2 crore. However, the film's dubbed versions in Hindi, Tamil, and Kannada saw more modest returns, contributing just Rs 1.35 crore combined on opening day.
28.03 / 02:11
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Congress MP Shashi Tharoor welcomes Trump's recognition of India's Voter ID system
Shashi Tharoor has welcomed US President Donald Trump's recent recognition of India's voter ID system in his latest executive order aimed at overhauling the US federal election process. Trump's order mandates proof of citizenship for federal elections and imposes new restrictions on mail-in voting, drawing comparisons with election systems in India and other countries. Reacting to Trump's remarks, Tharoor highlighted that India has had a robust voter verification system since 1952.
28.03 / 01:35
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Electronics manufacturer Indkal Technologies raising $100 million by June
Subscribe to enjoy similar stories. Bengaluru-based electronics designer and manufacturer, Indkal Technologies, is closing its next venture capital-backed funding round—raising $100 million by June this year. Speaking with Mint, Anand Dubey, chief executive of Indkal Technologies, said that the company is close to finalizing its upcoming funding round, and before this it will also make its first product announcement as a design-led electronics manufacturing firm.
28.03 / 01:35
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Theatres bet on Salman Khan's Eid comeback ‘Sikandar’ to end blockbuster drought
Subscribe to enjoy similar stories. Salman Khan’s return to the big screen on Eid, which has yielded great box office returns in the past, offers cinemas hope that the tried-and-tested formula will end the drought of blockbusters since December. Khan’s latest action film Sikandar, hitting cinemas on Sunday (30 March), is estimated to rake in ₹20-30 crore on opening day.
28.03 / 01:35
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JetSynthesys part exits Pune-based Nautilus Mobile after Krafton buys majority stake for ₹118 cr
Subscribe to enjoy similar stories. South Korean gaming giant Krafton will acquire a controlling stake in Pune-based Nautilus Mobile for ₹118 crore and the transaction is expected to give JetSynthesys a part exit.
28.03 / 01:35
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Soft power show: Govt upgrading its vaccine storage infrastructure to aid other countries
Subscribe to enjoy similar stories. New Delhi: In a show of soft power, India is upgrading and expanding it vaccine storage infrastructure into an international centre to handhold other developing countries in harnessing the global immunization supply chain. The expansion of the National Cold Chain and Vaccine Management Resource Centre (NCCVMRC) into an International Centre for Excellence in Immunization and Supply Chain will be done in phases.
28.03 / 01:35
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Mint Quick Edit | Why are so many wealthy Indians leaving?
Subscribe to enjoy similar stories. One in every five ultra-high net worth individuals in India is either in the process of migrating overseas or plans to, according to a survey by Kotak Private Banking, a unit of Kotak Mahindra Bank. Its study found a higher propensity to migrate among professionals than entrepreneurs or those who inherited their wealth.
28.03 / 00:37
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Low-duration MFs a smart play amid falling rates
debt schemes, which invest in securities with shorter maturities of up to three years. Fund managers said investing in this product is a bet on profiting from the higher-than-normal difference between overnight interest rates and yields on corporate bonds with one- and two-year maturities. With interest rates likely to be cut and liquidity conditions easing, this spread is expected to narrow. When the central bank cuts interest rates, corporate bond yields fall. Bond yields and prices move in opposite directions.
28.03 / 00:37
28.03 / 00:37
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After Mike Waltz, now, Trump's White House Chief of Staff Susie Wiles' name pops up on public Venmo accounts; here's what reports say
Wired report, Waltz’s profile—linked to his real name and photo—listed 328 contacts, including Attorney General Pam Bondi, Fox News’ Bret Baier, and conspiracy theorist Ivan Raiklin. The accounts were switched to private only after Wired alerted the White House
28.03 / 00:37
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Trump tariffs knock 5% off Tata Motors shares
Tata Motors tumbled more than 5% on Thursday after US President Donald Trump declared a 25% tariff on imports of cars and components effective April 2. The parent of British luxury carmaker Jaguar Land Rover slumped as much as 6.7% during the day, closing 5.5% lower at ₹669.5 apiece.
28.03 / 00:37
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Is Putin suffering from a deadly disease? Zelensky says he will die soon; here's the truth
News reports indicate that Putin is struggling with serious health issues such as cancer and Parkinson's, as evidenced by shaking limbs and puffy features. The Kremlin persists in denying everything.
28.03 / 00:37
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Rupee falls to 85.78 on dollar demand from oil cos
rupee marginally weakened to 85.78 per dollar on Thursday, from its previous close of 85.71/$1 due to month end dollar demand from oil companies, traders said. The currency traded in a range of 85.73/$1 and 85.91/$1 during the day, LSEG data showed.
27.03 / 21:11
27.03 / 21:11
27.03 / 20:47
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Horoscope today, March 28, 2025: Financial gains for Gemini, stress and challenges await Sagittarius – Detailed predictions for all Zodiac signs on love, career, and health
Horoscope Today, March 28, 2025: Astrologers predicts a day filled with financial rewards for Gemini, while Sagittarius may encounter unexpected stress. As the stars shift, each zodiac sign is poised to experience a mix of highs and lows across love, career, and health. While Gemini can confidently explore new financial ventures, Sagittarius will need patience and resilience to navigate potential challenges. Let's explore what the universe has in store for you today.
27.03 / 20:47
MET
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Mike Waltz's photo with The Atlantic editor Jeffrey Goldberg goes viral, could there be more to the Signal chat leak case than meets the eye?
National Security Adviser Mike Waltz has come under fire after a sensitive information was unintentionally leaked to The Atlantic's editor-in-chief, Jeffrey Goldberg, as per reports.
27.03 / 20:47
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Jeff Bezos and Lauren Sanchez's dream wedding in Italy: Guest list revealed; here are the lucky ones who received an invitation
Jeff Bezos and Lauren Sánchez's wedding is expected to be the most luxurious event of the year. This celebration promises to be unforgettable, with an A-list guest list, a stunning Italian backdrop, and Bezos' $500 million yacht in the mix. It is shaping up to be a historic celebration, complete with a designer gown and extravagant details. Apparently scheduled for the end of June, Jeff Bezos and Lauren Sanchez's wedding will also serve as an Italian vacation for their guests.
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