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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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MET
Let the Bitcoin bubble deflate: It’s time to tokenize assets that hold intrinsic value
Blockchain
UPS
Provident
The great crypto reckoning: Wake up and get real about this class of pseudo assets
markets
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What lies ahead for Altcoins: Looking at the future of diversified portfolios
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25.03 / 21:13
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Did Jeff Bezos criticize Washington Post’s employees? US President Donald Trump makes startling revelations
Donald Trump shared his thoughts on Jeff Bezos and the Washington Post in a recent interview. He said Bezos criticized the newspaper’s employees and discussed changes in its opinion section. Trump said he believes Bezos is making efforts to be fair.
25.03 / 21:13
Citi
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Earth Day 2025: Why is the day celebrated; what are the major events
Earth Day was first celebrated by Gaylord Nelson, who sought to unite the various environmental movements across the US.
25.03 / 21:07
25.03 / 21:07
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country
Posthaste: Worried about Trump's 'liberation day'? Here's how it might actually work in Canada's favour
Donald Trump has said America is being “ripped off by every country in the world, friend and foe” and liberation day, as he calls it, is when he aims to set that right.
25.03 / 21:07
25.03 / 21:07
Provident
Dash
wellness
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Reality setting in for workers who thought Hudson's Bay would never close
From concerns about losing their homes to regrets about not accepting a previous severance offer that could have potentially paid them three times as much money, there were “a lot of tears” among some of Hudson’s Bay Co. ULC’s roughly 9,000 employees this week as Canada’s oldest departmental store started liquidating its outlets on Monday.
25.03 / 21:07
markets
COST
UPS
Williams
economy
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William Watson: To raise productivity, let Canadians profit from it
Last week, Pierre Cléroux of the Business Development Bank of Canada wrote here that for the first time in 15 years of making economic outlook presentations, he’s getting unprompted questions about productivity. It seems Canadians are having an “Aha!” moment about productivity, thanks to U.S. President Donald Trump’s tariff attack on their bottom lines.
25.03 / 21:07
Ethereum
Provident
Binance
Digital
BitGo
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President
Trump’s crypto project to offer U.S. dollar-tracking stablecoin
President Donald Trump’s crypto project World Liberty Financial said it plans to launch a stablecoin redeemable one-for-one with the United States dollar, an announcement that comes as his administration throws its support behind the digital tokens that underpin most crypto transactions.
25.03 / 21:07
CEO
Latin
Scotiabank taps HSBC’s Elek to take over as Mexico unit CEO
Bank of Nova Scotia named Pablo Elek to take over at its Mexican unit as the Canadian bank reworks its operations to focus on North America.
25.03 / 19:33
UPS
Booking
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At the bottom, 3 mn borrowers may have lost access to bank credit in 9 months
bottom-of-the-pyramid borrowers have lost access to formal financing over the past nine months after lenders stiffened conditions for advancing funds to these customers and wrote down sticky loans to clean up their books. Industry experts said the number of such vulnerable borrowers could be even higher as lenders stopped financing customers with overdue loans of more than 60 days and those with an outstanding amount exceeding ₹3,000. «The reduction in the number of borrowers is definitely due to the fact that defaulters are not being financed at present,» said Jiji Mammen, executive director at Sa-Dhan, a self-regulator for the microfinance sector.
25.03 / 19:33
Booking
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Gap
Fallout
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IndusInd Bank said to hire headhunter to find CEO, MD
IndusInd Bank, currently in the midst of a crisis stemming from accounting gaps in its derivatives books, is said to have engaged global executive search firm Egon Zehnder to assist in the search for a new managing director and chief executive officer, two officials in the know said. RBI has approved only a one-year term for incumbent Sumant Kathpalia as the chief executive. Egon Zehnder will also help shortlist candidates for the deputy CEO position.
25.03 / 19:33
COST
Provident
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'Musk’s Starlink satellite internet costs 53% more over 30 years, maintenance twice as expensive'
subsidy program that will benefit satellite internet providers like Elon Musk’s Starlink, but some state and federal officials worry the technology isn’t robust enough to connect Americans on a mass scale and at affordable rates. The Biden administration’s vision for the Broadband Equity and Access Deployment Program (BEAD), designed to deliver fast, reliable home internet service to every US household, leaned heavily on fiber-optic lines, a technology that’s expensive to install but can last for decades. The shift toward satellites is a result of extensive lobbying by Musk and has gained Republican support, including from Senate Commerce Committee Chairman Ted Cruz. State and former federal officials, several of whom spoke to Bloomberg on the condition of anonymity, described pitfalls with Commerce Secretary Howard Lutnick’s new approach, which gives more opportunities for satellite terminals that are initially inexpensive, but can cost more over time. One state official shared internal data that showed satellite service costs consumers 53% more over the course of 30 years. Satellite service would also cost more than twice as much to maintain over that time frame, according the data.
25.03 / 19:33
Provident
Digital
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security
guidelines
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Competition Commission of India probes industry bodies for possible ad cartelisation
Competition Commission of India (CCI) is investigating whether the guidelines and advisories issued by industry bodies Indian Society of Advertisers (ISA), Advertising Agencies Association of India (AAAI) and Indian Broadcasting & Digital Foundation (IBDF) violated competition laws and promoted cartelisation in the advertising industry, according to probe-related documents seen by ET. The investigation was initiated following an August 2024 order by the CCI allowing its director-general to conduct a probe after receiving complaints about possible cartelisation in the advertising industry. The antitrust watchdog on March 18 and 19 searched the premises of these organisations and seized documents. In its application in February seeking approval for the search from a Delhi court, the CCI observed that the allegations pertain to the conduct, guidelines and advisories of these associations, which operate at different levels of the same supply chain.
25.03 / 19:33
markets
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Regulatory environments around the world, including in India, are "a little frustrating", says Amway Corp's Doug DeVos
Doug DeVos, global co-chairman of the Amway board of directors, and son of the $7.4-billion Amway Corp's co-founder Rich DeVos. The direct selling company, which makes Nutrilite protein powder and Glister toothpaste, sells its products to consumers primarily through its distributors, and not through physical or online stores. «There's a perception that there's something very different about direct selling or it's secret. I would say we've been the most transparent company; there are no secrets on how the business works; we just access the market slightly differently,» said DeVos.
25.03 / 19:33
markets
WhatsApp
trends
information
SBI raises $1 bn in syndicated dollar loan
State Bank of India raised $1 billion in the largest dollar-denominated syndicated loan this year from the nation, giving a boost to the lagging foreign-currency debt market. The borrower opted not to exercise a greenshoe option to increase the five-year facility by as much as $250 million, said people familiar with the matter, who asked not to be identified discussing private information.
25.03 / 19:33
Provident
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social
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bowling
Monster Hunter Wilds Unleashes Mizutsune, New Quests, and High-Stakes Challenges
Monster Hunter Wilds delivers its adventure to global audiences, who have been hunting the dangerous creatures for almost a month now. Both returning hunters and those new to the series stay committed to playing Monster Hunter Wilds during High Rank, exactly because the game provides fascinating challenges beyond the primary story.
25.03 / 19:33
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Consumers spent 15 billion hours waiting to make service complaints: Report
customer service complaints. The ServiceNow Customer Experience report analysed the widening gap between rising customer expectations and the reality of service delivery. It surveyed 5,000 Indian consumers and 204 Indian customer service agents. As many as 80% of Indian consumers now rely on AI chatbots for essential services like checking complaint statuses and product recommendations. Yet, these same consumers collectively spend an astounding 15 billion hours on hold each year, according to the report. «While some headway has been made-- the average Indian spent 3.2 hours less time waiting for an issue to be resolved than the previous year--there is still a considerable gap between customer expectations and service delivery. »This gap underscores the disconnect caused by siloed systems and limited visibility into the customer journey and adds to customer disappointment," the report pointed out.
25.03 / 19:33
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Samsung weighs legal options on Rs 5,100 crore customs demand
«Samsung is a responsible corporation and fully complies with the laws in India. The issue involves the interpretation of classification of goods by customs,» a company spokesperson said in a statement on Tuesday. «We are assessing legal options to ensure that our rights are fully protected.» An official ET spoke with said the demand notice wasn't fresh, but a follow up of one sent in January 2023, as the company had failed to give a «satisfactory» reply to the earlier show cause notice.
25.03 / 19:33
25.03 / 17:57
MET
BLOCK
Election
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rights
BJP alleges 'Hindu voters removed, Bangladeshis added' in West Bengal’s electoral rolls
Sukanta Majumdar, Leader of Opposition (LoP) in state assembly Suvendu Adhikari and BJP Bengal co-incharge Amit Malviya. Meanwhile, an all-party meeting will be held at the Election Commission’s state office on March 28 to discuss the fake voter issue. BJP State President Sukanta Majumdar blamed “the politics of appeasement” in Bengal and alleged that the Hindus being removed from the voter lists. The MoS has met Union Home Minister Amit Shah yesterday and apprised him about it. “Failed CM @MamataOfficial's politics of appeasement has reached dangerous levels. Hindus are being selectively removed from West Bengal’s voter list while Bangladeshi infiltrators are being rewarded with voting rights! Evidence of this grave conspiracy was handed over to Union Home Minister @AmitShah Ji yesterday. @AITCofficial’s dream of turning Bengal into #GreaterBangladesh is no longer a secret,” Majumdar posted in his X Handle. Majumdar said that names of several infiltrators have been included in the voter list. Citing an example, Majumdar wrote in his post, “Shahidul Biswas, a resident of Jessore, Bangladesh, is on the voter list of Bagda Assembly. And it’s not just one Shahidul—lakhs of infiltrators have been added, ensuring a slow demographic takeover. This is nothing less than an attack on India’s sovereignty! Mamata Banerjee wants to erase the Hindu identity of Bengal, the land won through the sacrifices of Bharat Kesari Syama Prasad Mukherjee. How long will true sons of Bengal tolerate this betrayal?”
25.03 / 17:57
UPS
Maxim
Ball
Experts
bowling
MS Dhoni reveals his finishing mindset; says he is always looking for a six
IPL opener, when Chennai Super Kings' legend MS Dhoni was walking out to bat just for the last couple of deliveries, the crowd in Chepauk lit up with excitement even when they were uncertain of winning. The reason is simple: 'Dhoni may finish'. The wicketkeeper-batsman recently shed light on his finishing approach, emphasizing the importance of maximizing every shot. Speaking to Jio Hotstar, the former Indian captain shared his aggressive batting mindset in high-pressure IPL games. «When you go in to bat, you look at the scoreboard—what the team needs from you. If you are going to face 4-5 deliveries, you try to hit as many big shots as you can. At that moment, the thought process is only about hitting a six. You hardly plan for a four, especially if you have wickets in hand. A four becomes a by-product—you are always looking for a six,» he said. At 43, Dhoni continues to be a key player for CSK, expertly closing innings with his signature power-hitting. He also highlighted the significance of every single run in tight matches.
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