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Event prediction markets like Kalshi and Polymarket are buzzing in America: Should India allow them too?
markets
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Let the Bitcoin bubble deflate: It’s time to tokenize assets that hold intrinsic value
Blockchain
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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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26.03 / 17:21
COST
Provident
Updates
Spring Statement 25: Government provides update on welfare reform
The statement served as more of an update for the UK's economic health, as opposed to a budget, reflecting the chancellor's desire to have «one major fiscal event per year». Reeves offered an update on last week's proposed welfare reforms. The proposed reforms were announced by Liz Kendall and focused on delivering personalised support to sick and disabled people who can work to get the jobs they «need and deserve». Proposed savings to incapacity and disability were at £5bn before the end of 2030, and Reeves provided the news that final costing had been examined by Office for Budget R...
26.03 / 17:21
markets
Boxing
Spring Statement 25: OBR halves UK growth forecast to 1% for 2025
In October 2024, the OBR said it expected UK GDP to grow by 2% in 2025, but leaks in February revealed that the agency was considering downgrading its forecast. At the dispatch box today, Reeves confirmed that due to «increased global uncertainty», the independent body had revised its growth forecasts down. Spring Statement 25: UK markets hold steady following Reeves' speech She said: «I am not satisfied with these numbers,» and pledged to «increase investment», cut public spending on welfare by a net £3.2bn, «tear down regulatory standards» and carry out infrastructure reforms su...
26.03 / 16:53
markets
Food
Trade
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electronic
reports
Pharmaceuticals
India seeks easier export rules as US pushes for lower tariffs
Subscribe to enjoy similar stories. India-US trade discussions that kicked off on Wednesday focused on reducing India's tariff levels on goods imported from the US to the same levels as what US levies on such imports from India, two people aware of the talks said. The effort aims to avert US reciprocal tariffs that US president Donald Trump has promised to roll out on 2 April.
26.03 / 16:53
Provident
Manufacturing
ICE
Updates
Infographics
Toyota Kirloskar Auto Parts becomes first component maker to get Auto PLI, says Ministry of Heavy Industries
Subscribe to enjoy similar stories. New Delhi: Bengaluru-based Toyota Kirloskar Auto Parts Pvt Ltd has become the first component manufacturer and the fourth overall company to receive incentives under the production-linked scheme for automobiles and auto components, as per the ministry of heavy industry on Wednesday. The ministry posted an infographic on its official handle on X about the PLI Auto scheme, and mentioned Toyota Kirloskar Auto Parts (TKAP) alongside Tata Motors Ltd, Mahindra & Mahindra Ltd, and Ola Electric Technologies Ltd, all entities which have received PLIs under the ₹25,938-crore scheme to promote domestic auto manufacturing.
26.03 / 16:11
26.03 / 16:11
UPS
Provident
security
President
show
information
Trump says someone may have 'screwed up' as Atlantic releases full leaked Signal chat sharing strike details
the Atlantic on Wednesday released the entire Signal chat among senior national security officials. The 'leaked' group chat shows Trump's Defense Secretary Pete Hegseth provided the exact timings of warplane launches and when bombs would drop against Yemen’s Houthis this month on behalf of the United States.
26.03 / 16:11
Remark
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community
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stage
Tripura CPI-M boycotts assembly over Speaker’s ‘partisan’ stance, Minister’s ‘racist’ remark
CPI-M announced that they would boycott the remaining days of the ongoing Budget session of the Tripura Assembly to protest Speaker Biswa Bandhu Sen's alleged «partisan behaviour». The opposition CPI-M members walkout from the House over the «racist» remarks against Leader of the Opposition (LoP) Jitendra Chaudhury by state Parliamentary Affairs Minister Ratan Lal Nath. The LoP moved a privilege motion against Minister Nath on Tuesday. However, the Speaker rejected the motion on Wednesday, saying that one privilege motion against CPI-M's Tripura mouthpiece 'Daily Desher Kath' was accepted, and as per the rule, two privilege motions cannot be accepted on the same day. The privilege motion against 'Daily Desher Kath' was moved by Minister Nath. During the Zero Hour, when the Speaker announced that he rejected the privilege motion moved by the LoP against Minister Nath, the opposition CPI-M members protested, leading to pandemonium in the House.
26.03 / 16:11
Digital
Platform
security
show
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guidelines
NPCI addresses UPI outage, says 'system stabilised' now
NPCI) has addressed the UPI outage issue, calling it a “partial decline” caused by technical issues. Further, it confirmed that the issue has been resolved.
26.03 / 16:11
markets
Citi
Provident
Aware
Manufacturing
Sustainability
reports
Zypp Electric lays off 10% of workforce amid profitability push
Zypp Electric has reduced its workforce by around 10% over the past two months as it works toward profitability ahead of a potential public listing. In January, the company had around 1,300 employees, which has now come down to around 1,180-1,190, according to a statement from the company. “Basically, this was not a layoff. We conducted an appraisal exercise in February, during which we looked at some rationalisation of non-performers to drive efficiency. This is part of a sustainable, profitable growth plan. As you build a business, you keep looking at its structure, and wherever some rationalisation is needed to enhance profitability and growth, you make those adjustments. That is what we continue to do,” he said.
26.03 / 16:11
COST
WhatsApp
Highways
information
637 projects facing delays due to various reasons: Nitin Gadkari
Bharatmala Pariyojana Scheme, have faced delays primarily due to factors like land acquisition issues and financial difficulties faced by contractors, Parliament was informed Wednesday. Besides force majeure events, scarcity of construction materials, etc have also caused delays in the projects, Union Minister for Road, Transport and Highways Nitin Gadkari said in a reply to Rajya Sabha. «The implementation of 637 projects, including those under the Bharatmala Pariyojana Scheme, has faced delays...,» the Minister said. To overcome these challenges and expedite project execution, the government has undertaken various initiatives, Gadkari said… These include streamlining and expediting land acquisition process, revamping Parivesh Portal to facilitate faster forest and environmental clearances, enabling online approval of General Arrangement Drawing (GAD) of Road Over Bridge/Road Under Bridge (ROB/RUB) from the Railways, and conducting review meetings at various levels with all stakeholders, including state governments, he said. On the financial implication, Gadkari said it does not arise in every delayed project. The minister said if delay is not attributable to the contractor, price escalation is paid as per contract conditions, which may or may not result in additional cost, depending upon final value of price escalation determined on actual completion of the project.
26.03 / 16:11
markets
UPS
Digital
Strategy
MicroStrategy
GameStop
Bitcoin
GameStop rage-quit 1,000 stores—Now it’s betting on Bitcoin: Will Crypto be its ultimate cheat code or is it game over?
Why is this happening? The company has struggled to keep up with the shift towards digital game purchases and streaming services. Physical game sales, once its bread and butter, are in decline. Instead of adapting fast enough, GameStop has found itself losing relevance in an industry that’s rapidly evolving.
26.03 / 16:11
MET
SUN
Experts
show
reports
rights
Celestial spectacle! Dazzling Northern Lights set to illuminate UK skies tonight as solar storm strikes; see if your hometown will get a glimpse of this cosmic show
solar storm could cause the Northern Lights to appear tonight in parts of the United Kingdom. If the conditions are right, lucky skywatchers may see the aurora borealis in all its glory. Here's where and when to witness this rare natural phenomenon. Tonight, as a 'High-Speed Stream' from a coronal hole hits Earth, parts of the United Kingdom will view the Northern Lights, commonly known as the Aurora Borealis. According to the Met Office, the aurora is caused by a 'high-speed stream' emitted by a coronal hole, a breach in the sun's outer surface. The possibility of viewing the aurora borealis rises with approach to the sun.
26.03 / 16:11
Fighting
WhatsApp
reports
Podcasts
Updates
Jason Kelce reveals his 'stupid' weight loss challenge to ‘maintain sanity’ post NFL retirement
Philadelphia Eagles center Jason Kelce has revealed that he is on a new weight loss regimen that he has embraced as part of a challenge with buddy and ex-teammate Beau Allen. The 37-year-old made the revelation on the latest episode of New Heights, the podcast he jointly hosts with brother Travis Kelce. Sharing details about it, Jason said his new fitness journey started with a proposal put forth by Allen.
26.03 / 16:11
markets
COST
UPS
Target
track
Updates
Markets cheer UK bond sale plan as finance minister delivers fiscal update
Finance Minister Rachel Reeves cut the government's plans for spending increases to get back on track towards her fiscal targets, restoring the 9.9 billion-pound ($12.77 billion) headroom against her fiscal rules that had been wiped out by lower growth and higher borrowing costs.
26.03 / 15:39
Citi
Manufacturing
Tesla
shooting
Justice
Department
Courts
Supreme Court sides with Biden and upholds regulations of ghost guns to make them traceable
Supreme Court on Wednesday upheld a Biden administration regulation on the nearly impossible-to-trace weapons called ghost guns, clearing the way for serial numbers, background checks and age verification requirements to buy them in kits online. Ghost guns were found at crime scenes in soaring numbers across the US before the regulation went into place, rising from fewer than 1,700 recovered by law enforcement in 2017 to more than 27,000 in 2023, according to Justice Department data. Since the federal rule was finalised, ghost gun numbers have flattened out or declined in several major cities, including New York, Los Angeles, Philadelphia and Baltimore, according to court documents. Manufacturing of miscellaneous gun parts also dropped 36 per cent overall, the Justice Department has said. Ghost guns are any privately made firearms without the serial numbers that allow police to trace weapons used in crime. The 2022 regulation was focused on kits sold online with everything needed to build a functioning firearm — sometimes in less than 30 minutes, according to court documents. ALSO READ: 'Elon, I want to thank you': Trump makes it official, makes big statement amid Tesla Takedown protests Ghost guns have been used in high-profile crimes, including a mass shooting carried out with an AR-15-style ghost gun in Philadelphia that left five people dead. Police believe a ghost gun used in the slaying of UnitedHealthcare's CEO in Manhattan was made on a 3D printer rather than assembled from a kit.
26.03 / 15:39
Career
security
Reddit
President
Universities
Discrimination
‘Cheat sheet’ recording Donald Trump’s entire conviction record surfaces on Reddit. Netizens react
With Trump now serving his second term as President, this resurfaced record is reigniting discussions about his tumultuous past and the implications of having a convicted felon in the White House.
26.03 / 15:39
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performer
social
singer
travelers
Videos
FKA twigs cancels shows in US, Canada; blames team for visa issues
FKA twigs has announced that her scheduled shows in Chicago, New York, and Toronto — planned as part of the Eusexua US tour — have now been postponed due to visa issues. Taking to social media, the artist, whose real name is Tahliah Barnett, revealed that an error caused the necessary paperwork not being submitted within the required timeframe. FKA twigs's shows were scheduled to take place in Chicago on March 26 and 27. The English singer was also supposed to perform in New York on May 3 and 4, and in Toronto on March 30 and 31.
26.03 / 15:39
ETH
Digital
stage
blues
reports
testing
Fidelity Investments tests dollar-pegged stablecoin
asset manager Fidelity Investments is exploring whether to launch its own stablecoin, in the latest sign of mainstream investors looking to cash in on a revival of interest in cryptocurrencies. Stablecoins are a type of cryptocurrency designed to maintain a constant value, usually a 1:1 dollar peg, making it easier for traders to move funds between cryptocurrencies. Their use has grown rapidly in recent years.
26.03 / 15:39
Action
security
Food
Bill
show
information
Deceiving farmers is for nobody's good: FM Nirmala Sitharaman in Rajya Sabha
Nirmala Sitharaman on Wednesday said deceiving farmers cannot do good to anybody as she attacked the Congress on their farm loan waiver scheme, alleging that their promises left the farmers in lurch. During her reply in Rajya Sabha on The Banking Laws (Amendment), 2024 Bill, the finance minister took a cue from BRS member Ravi Chandra Vaddiraju's statement in Telugu during the discussion where he referred to Congress loan waiver scheme for farmers. Sitharaman said Congress announced «Rina maafi» (loan waiver), but in reality… half the farmers were left without loan waiver, the banks had put their name on record thereby making them also ineligible for new loans. «I would want to highlight the fact that deceiving the farmers is for nobody's good. If you really want to help the farmers, here is Prime Minister Modi putting Rs 2,000 every time, annually, 6,000 rupees into their account through the transparent DBT (Direct Benefit Transfer). It helps the small farmers. Show it in action,» she asserted. Sitharaman said Congress policies have been limited to paper without any action on ground and if there was any action then it was riddled with corruption. «I want to highlight like the way they speak about food security, MGNREGA and the rural areas, all schemes brought by them (but) none of which were effectively implemented. When Prime Minister Modi implements them, without corruption, without malpractice and without any kind of wrongdoing. They will say, oh that was our scheme. Yes, it was your scheme, but you kept it in the paper, or you mismanaged,» the minister said.
26.03 / 15:39
26.03 / 15:39
UPS
Provident
Action
Justice
medicines
Courts
Misleading Ads case: SC directs states to set up grievance mechanism for misleading medical ads, warns of strict action
Supreme Court on Wednesday directed all states and union territories to set up a grievance redressal mechanism for addressing complaints against misleading advertisements that «can cause great harm to society.” A Bench comprising Justices Abhay S Oka and Ujjal Bhuyan said that the 1954 Act against misleading advertisements of medicinal or other such products is more than 70 years old, it is yet to be properly implemented in its „letter and spirit“. It asked the state governments to create grievance redressal mechanisms in two months so that members of the public can lodge complaints about the objectionable advertisements prohibited under the Act, the court said, adding the grievance mechanism may provide for making complaints either on a toll free number or by email. “As soon as complaints are received, the same shall be immediately forwarded to the concerned officers to take action under the said provision. If the officer finds that there is a contravention, he shall lodge a complaint with the jurisdictional police station so that FIR is registered and criminal law is set in motion,” the court said. It asked the states to appoint in one month an adequate number of gazetted officers that have the power to search and seize any advertisements which have contravened provisions of the 1954 Act, which prohibits misleading advertisements.
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