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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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14.03 / 19:27
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Japan's unions win largest pay hike in more than three decades
Japan's largest labor union group said its workers secured the highest pay deal in more than three decades, supporting the case for further gradual interest rate hikes from the Bank of Japan. Labor unions under the federation known as Rengo have so far secured a pay gain of 5.46% on average in ongoing annual wage negotiations, according to its initial tally released on Friday. That's the highest level since 1991 when compared with past final tally figures, and exceeded last year's initial reading of 5.28%.
14.03 / 19:27
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Patole invites Shinde, Pawar to join opposition
Maharashtra Assembly polls, the Congress has invited deputy chief ministers Eknath Shinde of the Shiv Sena and Ajit Pawar of the Nationalist Congress Party to join the opposition. Former state Congress chief Nana Patole on Friday claimed that the opposition would give both Shinde and Pawar the position of chief minister if they join the opposition in toppling the government. «We are a national party. If they (Shinde and Pawar) join us, we will support them.
14.03 / 19:27
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Copper falls from fresh peak after tepid Chinese data
Copper prices recoiled from a five-month peak on Friday, as disappointing loans data from top metals consumer China and concerns around U.S. tariffs dampened buying activity.
14.03 / 19:27
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Tamil Nadu Budget: Focus on manufacturing and sustainable growth
Thangam Thennarasu presented the DMK government’s fifth state budget since coming to power in 2021 under chief minister MK Stalin. This is Thennarasu’s second budget after taking over as finance minister in May 2023 during a Cabinet reshuffle.
14.03 / 19:27
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China fund managers must perform or face 50% pay cut
The China Securities Regulatory Commission is proposing a 50% pay reduction for fund managers if products overseen by them record a loss or return 10% less than their performance benchmarks, said the people, asking not to be identified discussing a private matter. Such pay cuts are part of a long-term assessment mechanism the regulator is trying to establish, the people said, adding it was not clear what time frame it would be applied over. Under the draft plan, fund returns will account for at least half of the weighting in senior management's evaluation, while other metrics such as the firms' size and ranking will become less important, the people said. The proposal has yet to be finalized and may change, they added. The CSRC didn't respond to a request for comment. The sweeping measures come as policymakers seek to attract more long-term capital into the nation's stock market amid slowing economic growth and an escalating trade war with the US. China's benchmark CSI 300 Index has gained about 1.7% this year.
14.03 / 17:17
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Doctor warns: This common sleeping position could be harming your health
Speaking to The Mirror, Dr. Mercer explained: «The position in which you sleep can profoundly impact sleep quality and your health, so it's crucial to identify a sleep position that not only promotes restful sleep but also contributes to your body's overall function and condition.»
14.03 / 17:17
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Tough G7 statement drops 'one China' reference from Taiwan language
A statement by ministers meeting in Canada mirrored a February Japan-U.S. statement in condemning «coercion» toward Taiwan, language that heartened Taipei in its increasingly tense standoffs with Beijing. Compared to a G7 foreign ministers' statement in November, the statement added members' concerns over China's nuclear buildup, although it omitted references to their concerns about Beijing's human rights abuses in Xinjiang, Tibet and Hong Kong. Also missing were references stressing the desire for «constructive and stable relations with China» and recognizing the «importance of direct and candid engagement to express concerns and manage differences.» The statement dropped past reassurances, recently stated in November, that there is «no change in the basic position of the G7 members on Taiwan, including stated One-China policies,» as well as that the G7 is «not decoupling or turning inwards» and recognizing the importance of China in global trade.
14.03 / 17:17
14.03 / 17:17
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US to revoke more student visas in coming days, announces Marco Rubio
«In the days to come, you should expect more visas will be revoked as we identify people that we should have never allowed in,» Rubio told reporters following a meeting of G7 foreign ministers. The Trump administration is moving to deport Mahmoud Khalil, a permanent legal resident of the United States who recently graduated from Columbia University and had helped lead high-profile campus protests against Israel's war in the Gaza Strip.
14.03 / 17:17
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Why did Narayana Murthy call the rising AI trend in India as silly, old programs? Infosys co-founder shares areas with greater potential
Infosys co-founder, Narayana Murthy, while speaking at the TiECon Mumbai on Wednesday commented on the rising hype around artificial intelligence (AI) in India, claiming that many systems marketed today as AI were simply traditional programming. “I think somehow it has become a fashion in India to talk of AI for everything. I have seen several normal, ordinary programs touted as AI,” Murthy commented during the annual entrepreneurial conference.
14.03 / 17:17
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India, China outperform global trade in 2024, trade resilience stressed in 2025: UNCTAD
global trade averages in 2024, UN Trade and Development (UNCTAD) said in its Global Trade Update Friday. It said that trends like the widening deficits of the US and EU with China along with India’s rising deficit with Russia amid shifting energy trade could prompt new tariffs, restrictions, or investment shifts, adding to economic uncertainty. However, it cautioned that trade resilience is under pressure in 2025 and as trade uncertainty grows, global cooperation and balanced policies will be key to preventing economic fragmentation and safeguarding long-term growth. Noting that protectionism and shifting trade strategies could disrupt global trade and services trade remains strong but goods trade faces uncertainty, UNCTAD urged balanced policies and multilateral cooperation. Governments are expanding tariffs, subsidies, and industrial policies, reshaping trade flows.
14.03 / 17:17
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Visa fee hikes and delays hinder international artists from touring the United States
A Japanese rock band opened for a German post-punk trio followed by an alternative group from New Zealand. And that was just day one at the New Colossus Festival, held last week. The six-day event takes its name from the poem cast on the Statue of Liberty, viewed as a welcome message for new immigrants: «Give me your tired, your poor, Your huddled masses....»
14.03 / 17:17
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Pak army says 18 of 26 hostages killed in Balochistan train attack were soldiers
Balochistan Liberation Army militants, who ambushed a train in Balochistan, were army and paramilitary soldiers. Inter-Services Public Relations (ISPR) Director General Lieutenant Gen Ahmed Sharif Chaudhry, during a press conference with Balochistan Chief Minister Sarfaraz Bugti, said 26 hostages were killed by the terrorists before the start of the army operation. «The 26 hostages include 18 army and paramilitary soldiers, three other government officials and five civilians,» he said. He also said that five paramilitary soldiers of Frontier Corps were killed during the operation, including four Frontier Corps personnel killed by terrorists when they attacked the train. The Balochistan Liberation Army (BLA) terrorists ambushed the Jaffar Express carrying over 400 passengers on Tuesday in Bolan area of Balochistan and held the passengers hostage, prompting the security forces to initiate an operation that lasted until the next day evening. Security forces stormed the hijacked train on Wednesday, bringing a dramatic end to a 30-hour siege, killing all 33 terrorists, while successfully rescuing more than 300 passengers.
14.03 / 17:17
14.03 / 17:17
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Sikkim govt starts charging Rs 50 as entry fees for tourists
The fees are being collected at hotels during check-in and are deposited into the Tourism Sustainability Development (TSD) Fund to improve tourism infrastructure and services across the state, the officials said. All tourists, barring children under the age of five are being charged the amount for stay for up to 30 days, they said.
14.03 / 16:11
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Horoscope for March 15, 2025: How will the Total Blood Moon Lunar Eclipse in Virgo influence your zodiac sign in love, career, and health?
Horoscope for March 15, 2025: On March 15, 2025, Mercury Retrograde in Aries storms onto the cosmic stage, igniting a whirlwind of introspection, miscommunication, and unexpected detours. This celestial shift, notorious for disrupting plans and stirring emotional waters, affects each zodiac sign differently. Buckle up, because the universe is about to throw some curveballs your way.
14.03 / 16:11
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Who is going to inherit Gene Hackman's $80 million fortune? Will there be a legal battle among his children? Here are all details
Gene Hackman's estate has become the focus of speculation. Gene Hackman's will has raised questions after reports surfaced that the majority of his $80 million fortune was left to his wife, Betsy Arakawa. With his $80 million fortune primarily left to his wife, it's unclear what his three children will inherit. Now, legal experts weigh in on whether a courtroom showdown is on the way. His son has already hired a top estate attorney, indicating that a battle over his inheritance is on the horizon, as quoted in a report by the Daily Mail.
14.03 / 16:11
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Who is Mark Carney, Canada's new PM, set to steer nation through the trade war brought by Trump
Mark Carney, who navigated crises when he was the head of the Bank of Canada from 2008, and then in 2013 when he became the first noncitizen to run the Bank of England — helping to manage the worst impacts of Brexit in the U.K. — will now try to steer Canada through the trade war brought by Trump. Mark Carney's path to the top job in Canadian politics has been unusual but, as he said when he launched his campaign to succeed Prime Minister Justin Trudeau, so are the circumstances. Former central banker Mark Carney was sworn in as Canada’s new prime minister on Friday, and will now try to steer his country through a trade war brought by U.S. President Donald Trump, a threat of annexation and an expected federal election. Carney, 59, replaces Prime Minister Justin Trudeau, who announced his resignation in January but remained in power until the Liberal Party elected a new leader. Carney is widely expected to trigger a general election in the coming days or weeks. Carney has called the threats posed by US President Donald Trump «the most serious crisis of our lifetime.»
14.03 / 16:11
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Russia 'committed crimes against humanity' in Ukraine: UN probe
The crimes were perpetrated as part of a systematic, widespread attack against civilians, the UN's Independent International Commission of Inquiry on Ukraine said in a new report to be formally presented next week. «The commission has concluded that Russian authorities committed enforced disappearances and torture as crimes against humanity,» the report said. «Both were perpetrated as part of a widespread and systematic attack against the civilian population and pursuant to a coordinated state policy,» it added. The categorical nature of that statement was unusual for UN investigators.
14.03 / 16:11
UPS
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Infosys settles lawsuits against US unit over cyber incident for $17.5 million
Infosys on Friday said it had reached an agreement with the plaintiffs of lawsuits pending against its US unit over the 2023 cyber incident. Infosys McCamish Systems has agreed to pay $17.5 million into a fund to settle all the pending class action lawsuits and resolve all allegations made in the incident. In November 2023, Infosys had disclosed that Infosys McCamish Systems was impacted by a cyber security event, resulting in the non-availability of certain applications and systems.
14.03 / 16:11
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Mark Carney sworn in as Canada PM as country deals with Trump's trade war
The ruling Liberal Party overwhelmingly backed Carney to replace Justin Trudeau, betting his experience leading two central banks through historic crises will re-assure Canadians facing a potentially devastating trade war. Carney, who turns 60 on Sunday, is a political novice who has never won an elected public office but his campaign skills will be tested soon with Canada likely headed for a general election in weeks. The threats posed by Trump are expected to dominate the vote. The US president has sought to bludgeon Canada, imposing sweeping import tariffs and threatening further levies while claiming the country is not «viable» on its own and should be annexed by Washington.
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