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Event prediction markets like Kalshi and Polymarket are buzzing in America: Should India allow them too?
markets
Blockchain
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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20.03 / 08:37
markets
Airlines
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International
Air India in talks for dozens of new widebody jets from Airbus, Boeing, sources say
Air India is exploring a fresh multi-billion dollar order for dozens of widebody jets from Boeing and Airbus, industry sources said, furthering the former state carrier's transformation under new owner Tata Group. The deliberations involve 30 to 40 aircraft split between the Airbus A350 and Boeing 777X models, with one source suggesting the potential deal could exceed 50 jets. Details have not been finalised, the sources added. «Things should become clearer closer to the Paris Air Show (in June),» one of the sources said, asking not to be named.
20.03 / 08:37
Reuters
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country
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prevention
US delays $2.6 billion climate finance package to South Africa, Bloomberg news reports
Earlier this month, U.S. representatives prevented the World Bank-linked Climate Investment Funds (CIF) from approving a $500 million disbursement to South Africa, the report added. The funding was expected to unlock an additional $2.1 billion from multilateral development banks and other financial sources and a fresh attempt to approve the disbursement may be made at CIF meetings in June, the report said. CIF is one of the world's largest multilateral funds aimed at scaling climate solutions in developing countries. If confirmed, the move would be among several actions by former President Donald Trump's administration to scale back participation in multilateral climate initiatives.
20.03 / 08:37
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Equality
Bengaluru to charge 100% penalty on unpaid property taxes starting April 1
Any unpaid property taxes will incur a penalty equal to the pending tax amount, along with an interest rate of up to 15% annually, making it essential for property owners to pay before the penalty system is enforced on April 1. This stringent penalty structure comes as part of the BBMP's efforts to collect outstanding taxes for the 2024-25 financial year. According to the report, Special Commissioner for Revenue, Munish Moudgil, has directed zonal officers to take immediate action to recover dues before the penalty comes into effect. So far, BBMP has collected Rs 4,604 crore, reaching 88.4% of the target.
20.03 / 08:33
Man
CEO
President
2020
Rathbones Group CEO Paul Stockton to retire later this year
Succeeding Stockton will be Jonathan Sorrell, who will initially join the business as CEO designate on 1 July, subject to regulatory approval. Sorrell is set to join Capstone Investment advisors, a derivatives investment management firm, where he has served as president since January 2020. Rathbones hit by £3.4bn Autumn Budget outflows but FUMA on the rise Prior to this, Sorrell was chief financial officer and then president of Man Group. Once the appointment has been granted approval from the regulator, Sorrell will be join the boards of Rathbones Group plc and Rathbones Inv...
20.03 / 08:33
markets
Extreme
Federal Reserve holds rates steady as inflation 'remains a primary risk'
Following a meeting of the Federal Open Market Committee (FOMC) on Wednesday (19 March), rate setters repeated their January decision and kept rates unchanged, following calls in recent months from the central bank's chair Jerome Powell for a «gradual» approach to cuts. Trump lambasts the Fed as it leaves interest rates unchanged According to Lindsay James, investment strategist at Quilter, «Powell is flying somewhat blind given not only the extremity of the tariffs being announced by Donald Trump, but his willingness to U-turn at the last moment, making any attempt by businesses and ...
20.03 / 08:27
Crypto Exchange
Standard Chartered
cryptocurrency trading
WazirX appoints Zodia Custody as custodian ahead of operations restart
Crypto exchange WazirX has appointed Zodia Custody as its official custodian ahead of its operational restart. Zodia Custody, backed by major financial institutions including Standard Chartered, Northern Trust, and SBI Holdings, will provide secure asset management solutions for WazirX users. Zane Suren, Managing Director, Commercial, MEA at Zodia Custody, stated, «Zodia Custody is proud to partner with WazirX for their much-anticipated relaunch. Providing our knowledge of supporting institutional clients and commitment to a compliance-first approach, we will empower WazirX and its users to seamlessly engage with digital assets in a way that protects their capital and complies with local regulation.»
20.03 / 07:45
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Justice
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Efforts on to settle issue of recovery of mining royalty, tax dues with certain states: Centre to SC
tax dues on mineral rights and mineral-bearing lands between it and several mineral-rich states. The top court meanwhile deferred to April 24 the hearing on subsequent pleas of several mineral-rich states like Jharkhand seeking to recover royalty and tax dues on mineral rights and mineral-bearing lands worth thousands of crore of rupees from the Centre and the mining firms. A special three-judge bench comprising Justices Abhay S Oka and MM Sundresh and Ujjal Bhuyan said it will decide on the sequence in which the pleas of several mineral-rich states would be heard. Solicitor General Tushar Mehta, appearing for the Centre, said efforts were on to find a settlement of the issue and the pleas may be listed in the first week of May.
20.03 / 07:45
markets
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economy
Sustainability
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President
Bears bail as inflows boost Indian rupee to near two-month high
Indian rupee hit a near two-month high on Thursday, boosted by dollar sales by foreign banks and the culling of bearish wagers as seasonal inflows propped up the currency. The rupee touched a high of 86.2075, its best since January 24, marking a 1.2% appreciation over the past seven trading sessions. The currency was last quoted at 86.29, up 0.2% on the day.
20.03 / 07:45
Justice
stage
reports
Courts
Investigations
Grabbing minor's breasts, breaking pyjama strings does not qualify as attempt to rape: Allahabad High Court
Allahabad High Court ruled that grabbing a minor girl’s breasts, breaking her pyjama strings, and trying to drag her beneath the culvert is not enough to charge an accused with the offence of rape or an attempt to rape. It described such an act as 'aggravated sexual assault’, TOI reported. Making this observation, the high court modified a summoning order, altering the charges against two accused. The accused were earlier summoned to face trail under section 376 (rape) and under the POCSO Act. However, now the accused will be tried under the section 354(B) IPC (assault or use of criminal force with intent to disrobe) and POCSO Act (aggravated sexual assault). «The allegations levelled against the accused Pawan and Akash and the facts of the case hardly constitute an offence of attempt to rape in the case. In order to bring out a charge of attempt to rape the prosecution must establish that it had gone beyond the stage of preparation. The difference between preparation and actual attempt to commit an offence consists chiefly in the greater degree of determination,” a bench of Justice Ram Manohar Narayan Mishra observed, as it partly allowed the criminal revision plea filed by the three accused. As per the prosecution, the accused Pawan and Akash grabbed the breasts of the 11-year-old victim and one of them broke the string of her pyjama and tried to drag her beneath the culvert.
20.03 / 07:45
COST
Arrow
War
reports
prevention
International
A look at Israel's multilayered air defense as military says it shot down missile from Yemen
No injuries were reported. The Houthis said they fired a ballistic missile at Israel's international airport, the second such attack since the United States began a new campaign of airstrikes against the rebels earlier this week. Over the decades, Israel has developed a sophisticated system capable of detecting incoming fire and deploying only if the projectile is headed toward a population center or sensitive military or civilian infrastructure. Israeli leaders say the system isn't 100% guaranteed, but credit it with preventing serious damage and countless casualties. Here's a closer look at Israel's multilayered air-defense system: The Arrow: This system developed with the U.S. is designed to intercept long-range missiles. The Arrow, which operates outside the atmosphere, has been used to intercept long-range missiles launched by the Houthis as well as those launched by Iran during two direct exchanges of fire last year.
20.03 / 07:45
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International
RBI appoints Indranil Bhattacharyya as Executive Director
The appointment is effective from March 19. Prior to his promotion as ED, Bhattacharyya was serving as Adviser in the Monetary Policy Department of the RBI.
20.03 / 07:45
COST
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War
France to develop new nuclear air base armed with Rafale F5s, hypersonic missiles
Rafale fighters armed with hypersonic nuclear missiles by the middle of the next decade to counter what it believes is the Russian threat from the east. Just days after proposing a nuclear umbrella to Europe in the event of US President Donald Trump withdrawing from the NATO military alliance, French President Emmanuel Macron on March 18 announced that an air base near the German border will have Rafale F5 combat jets armed with Air-Sol Nucleaire de 4eme Generation (ASN4G) hypersonic nuclear missiles. «By 2035, Luxeuil-Saint-Sauveur Air Base will be the first base to host the latest version of the Rafale fighter jet with a hypersonic nuclear missile, symbolising the renewal and modernisation of our nuclear deterrent forces that has begun.
20.03 / 07:45
markets
Ripple
XRP
SEC
security
Bitcoin
2020
XRP price surges 11% as SEC drops appeal – Is a new high coming?
XRP, the cryptocurrency associated with Ripple Labs, experienced a significant surge, reaching $2.52, following the US Securities and Exchange Commission's (SEC) decision to withdraw its appeal against the company. This development marks a pivotal victory for Ripple and has notably boosted investor confidence in XRP. The SEC initiated a lawsuit against Ripple in December 2020, alleging that the company had conducted an unregistered securities offering worth $1.3 billion through the sale of XRP tokens. This legal action had cast a long-standing shadow over XRP's market performance. However, the SEC's recent decision to drop its appeal effectively removes a major regulatory obstacle, allowing Ripple to operate with greater clarity and assurance.
20.03 / 07:45
Booking
security
WhatsApp
community
travelers
shock
International
Japan trip on the cards? You might be in a for a little shock after seeing this practice
If you’re planning to visit Japan soon, be prepared to adapt to this unique system, where cleanliness is maintained through personal responsibility and a deep respect for the environment. But why does Japan follow this system?
20.03 / 07:45
UPS
Target
Platform
security
Mobile
stage
Pre-seed venture investor All in Capital launches second fund, aims to raise Rs 200 crore
Pre-seed venture fund All in Capital, which has backed startups such as Giva, Newme, PierSight Space, and Seekho, has launched its second fund with the target of raising Rs 200 crore, along with a greenshoe option for another Rs 100 crore. The venture capital firm, founded by former Upgrad executive Kushal Bhagia with Aditya Singh, has already marked the first close of fund II at Rs 85 crore, securing investments from Indian tech founders, family offices, and a few institutional funds of funds across India and overseas. It plans to announce the final close by the end of this year. Through this fund, the Bengaluru-based firm plans to invest in 50 startups over the next three years, with an average cheque size of up to Rs 5 crore.
20.03 / 07:45
UPS
Citizens
Remark
Celebrity
country
gatherings
Glorifying invaders act of treason, 'new India' won't accept it: UP CM Yogi Adityanath
Yogi Adityanath on Thursday said glorifying invaders who attacked India's heritage and dishonoured its people was equivalent to treason, which the 'new India' will never accept. Amid the ongoing controversy over demands to remove Mughal ruler Aurangzeb's tomb in Maharashtra's Chhatrapati Sambhajinagar district, Adityanath warned against celebrating historical figures who sought to destroy Sanatan culture. Addressing a public gathering in Bahraich, Adityanath said, «Glorifying invaders means strengthening the very roots of treason. New India will never accept those who insult our great ancestors and praise those who attacked our civilisation, violated our women, and struck at our faith.» «When the entire world is acknowledging India's rich heritage, it is the duty of every citizen to uphold respect for our great leaders, and not eulogise those who sought to erase our identity,» he added. Adityanath's remarks came as he spoke on the recently-concluded Maha Kumbh in Prayagraj, which he called «the largest human congregation ever witnessed». He also referred to Narendra Modi's recent speech in Parliament, in which the prime minister praised Uttar Pradesh for hosting the event for which «over 66 crore devotees» gathered at the confluence of Ganga, Yamuna and the mystical Saraswati.
20.03 / 07:29
Provident
BTC
Digital
Strategy
Align
Bitcoin
show
How government Bitcoin reserves can shape the digital asset landscape
Bitcoin Reserves are currently the talk of the town. These new-gen reserves around crypto assets shows the on-going paradigm shift in financial technology, and its adoption worldwide utilized in stabilizing national funds. Governments can now validate the proof of digital assets for the public and at the same time diversify portfolios, mitigating risks associated with traditional market risks. This approach has gained traction globally, with recent developments in the United States potentially influencing other nations and maybe can do the same in India.
20.03 / 07:29
20.03 / 07:29
Target
Death
President
show
country
reports
recommendations
Why Mexico and Canada are much happier countries than the US
World Happiness Report 2025 is out. And, surprise, surprise—Mexico and Canada, the two countries frequently targeted by US President Donald Trump, have been ranked much higher than the United States in terms of happiness. According to the UN-backed report, the United States is ranked 24th, while Canada stands at 18th. Surprisingly, Mexico has an even better ranking at 10th place. Notably, this marks the worst ranking for the US since the report's inception in 2012, when it achieved its peak ranking of 11th place. One of the biggest reasons for the decline in American happiness, according to the report, is eating meals alone. «The number of people dining alone in the United States has increased by 53 percent over the past two decades,» the authors stated, highlighting that shared meals are strongly linked to well-being. Data from 2023 showed that approximately 25% of Americans consumed all their daily meals alone.
20.03 / 07:29
20.03 / 07:29
Target
Food
wellness
show
country
reports
Trump threatens Houthi rebels that they'll be 'completely annihilated' as airstrikes pound Yemen
Strikes hit Sanaa, Yemen's rebel-held capital, as well as their stronghold of Saada in the country's northwest on Wednesday night, the Houthi's al-Maisrah satellite news channel reported. It aired footage showing firefighters battling a blaze in Sanaa and damaged at what it described as a sheep farm in al-Jawf. It also said strikes happened overnight Tuesday, though the U.S. military has not offered a breakdown of places targeted since the airstrikes campaign began. The first strikes this weekend killed at least 53 people, including children, and wounded others. As the strikes hit, Trump wrote on his Truth Social website that «tremendous damage has been inflicted upon the Houthi barbarians.» «Watch how it will get progressively worse — It's not even a fair fight, and never will be,» Trump added. «They will be completely annihilated!»
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