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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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13.03 / 16:43
COST
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Big worry for Trump: U.S. budget deficit explodes in February, surpassing $1 trillion in record-breaking year-to-date surge, raising concerns over unprecedented fiscal challenges
The February budget deficit was more than $307 billion, almost two and half times higher compared to January and 3.7% more than the same time last year, CNBC reported.
13.03 / 16:43
Racing
BBC
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Cheltenham Gold Cup: As Galopin Des Champs eyes hat-trick, a look at his biggest rivals
Cheltenham Gold Cup, the major highlight of the Cheltenham Festival, will see Irish jockey Paul Townend and Galopin Des Champs attempting to win the major horse racing tournament for the third year in a row. If all goes as planned, Galopin Des Champs will become the first to mark a Gold Cup hat-trick ever since Arkle did the same in 1966. Till now, four horses have been able to win the Gold Cups three times, including Arkle and Best Mate, BBC reported.
13.03 / 16:43
Action
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Harvard, Yale, Columbia fall in line after Trump funding threats
Harvard University terminated a librarian this month who ripped down a poster of Israeli hostages at a pro-Palestine rally, while Yale University’s law school placed a pro-Palestinian research scholar on leave over allegations that she has ties to a group subject to US sanctions. At Cornell University, a group called Students for Justice in Palestine faces suspension after disrupting a “Pathways for Peace” event on campus this week, and the University of California at Los Angeles —- rocked last year by anti-Zionist rallies and accusations of mistreatment of Jewish students — created a new initiative to combat antisemitism. Columbia University, the scene of some of the most dramatic protests against Israel last year, said the school will transform its approach to managing demonstrations.
13.03 / 16:43
13.03 / 16:43
UPS
Manufacturing
CEO
President
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social
TCS elevates Sudeep Kunnumal as CHRO designate
Tata Consultancy Services (TCS) has promoted Sudeep Kunnumal as the company’s as the chief human resources officer (CHRO) designate with effect from March 14, the company’s regulatory filing showed. The development comes upon superannuation of his predecessor Milind Lakkad, who was the CHRO and executive vice president for almost six years at the Tata group subsidiary, the filing showed. Lakkad, who joined TCS as a trainee in 1987, spent over 38 years taking up several roles including taking over as the head of Manufacturing Practice in 2006 rising to the ranks to head the Manufacturing Business Group in two years.
13.03 / 16:43
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Department
ED detects 'unaccounted' cash deals worth Rs 1,000 crore in TASMAC operations in Tamil Nadu
Enforcement Directorate Thursday said it has found «multiple irregularities» in the operations of TASMAC that has monopoly over liquor trade in Tamil Nadu, including «manipulation» in the tender processes and «unaccounted» cash transactions worth Rs 1,000 crore through distillery companies. The federal agency claimed in a statement that it got «evidence» suggesting these corrupt practices after it raided the employees, corporate offices of distilleries and plants of the Tamil Nadu State Marketing Corporation Limited (TASMAC) on March 6. ED sources, on the day of the raids, had said the searches were also conducted against «key associates» linked to prohibition and excise department minister Senthil Balaji. The ED said it found «incriminating» data related to transfer postings, transport and bar licence tenders, indent orders «favouring» few distillery companies, excess charge of Rs 10-30 per bottle by TASMAC outlets, with the «involvement» of TASMAC officials, during the searches. It said this data shows «manipulation» in TASMAC's transport tender allocations where a «glaring» issue was the «mismatch» between the KYC details of the applicant and the demand draft (DD), suggesting that the final successful bidder did not even obtain the requisite DD before the application deadline. Tenders were awarded despite having only a single applicant in the final bid. TASMAC paid over Rs 100 crore annually to transporters, as per the ED.
13.03 / 16:43
Election
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'Weakens Indian unity': Finance Minister Sitharaman attacks DMK govt over Rupee logo change row
Nirmala Sitharaman on Thursday attacked the DMK-led government's move to change the logo of Rupee for the budget. The logo for the budget, released by the government on Thursday carried 'Ru', the first letter of the Tamil word 'Rubaai' which denotes the Indian currency in the vernacular language. «All elected representatives and authorities are sworn under the Constitution to uphold the sovereignty and integrity of our nation. Removing a national symbol like '₹' from the State Budget documents goes against that very oath, weakening the commitment to national unity. This is more than mere symbolism—it signals a dangerous mindset that weakens Indian unity and promotes secessionist sentiments under the pretence of regional pride. A completely avoidable example of language and regional chauvinism,» said Sitharaman in a post on X. The ruling DMK in Tamil Nadu on Thursday stoutly defended its party-led government replacing the Indian rupee symbol with a Tamil letter in its logo for the budget 2025-26, saying there was nothing wrong in using the native language. No rule barred the dispensation from such a move, the party argued. The opposition AIADMK and BJP flayed the MK Stalin-led government over the matter, calling it a ploy to divert public attention from other issues. State Finance Minister Thangam Thennarasu is scheduled to table the budget for 2025-26 on Friday in the TN Assembly.
13.03 / 16:43
13.03 / 16:43
UPS
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reports
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Michelle Obama opens up about White House struggles, calls out Barack’s tardiness amid growing split rumors
Craig Robinson to launch IMO, a video podcast for candid discussions and celebrity guests. Lately, Michelle Obama is opening up about the White House struggles and the difficulties of being a president's wife on the podcast. Despite their outward displays of unity, she talks about Barack Obama's friendships, his persistent tardiness, and the difficulties of following him to the White House in her new podcast, IMO, as per a reports. The pair continues to publicly support one another even though their marriage is still being questioned.
13.03 / 16:43
Provident
security
Actor
Basketball
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Iman Shumpert, Teyana Taylor Divorce: High-profile Couple reaches multi-million dollar settlement
Teyana Taylor and former NBA player Iman Shumpert's divorce is officially coming to an end. They are now making headlines for their multi-million dollar settlement. The agreement between the couple was finalized in June 2024. Taylor will be rewarded with significant assets in the agreement, including luxurious properties and automobiles. Shumpert has agreed to provide substantial child support payments for his two daughters. Details of their personal lives continue to garner a lot of public attention, but the couple have shown resilience and dedication to their children. They have agreed on co-parenting their daughters.
13.03 / 15:47
markets
FIVE
economy
UK named 'market hotspot' for 2025 despite negative news surrounding economy
According to Nutmeg, 31% of UK investors surveyed said they do not feel confident about the prospect of positive investment returns this year. Even seasoned investors with over ten years' investment experience feel unsure about financial markets this year, with 38% saying they lack confidence in the investment outlook. Underpinning the lack of confidence, 52% of investors believe economic uncertainty is one of the top risks facing their investments in 2025, followed by market volatility (41%) and political risk (28%). Square Mile's Martin Ward: Five UK fund picks five years on from...
13.03 / 15:47
markets
COST
LSE
Mike Ashley-backed toymaker Hornby ditches LSE listing in further blow to London markets
In a London stock exchange notice today (13 March) the board cited the «limited liquidity» offered by AIM and the «regulatory burden and cost of maintaining the public quotation» as reasons for its proposed delisting. Hornby, a company dating back to 1901and floated on the public market in 1996, said the decision was «not taken lightly». Number of UK companies mulling moving their listing doubles in 12 months Hornby's shares once sat as high as 283p per share during the early 2000s, but have struggled in recent years, frequently dipping below the 20p level. According to MarketWatc...
13.03 / 15:47
reports
Reeves not expected to make changes to Cash ISAs in Spring Forecast – reports
It was previously reported that Chancellor Rachel Reeves was considering slashing the tax-free limit for Cash ISAs from £20,000 to £4,000 a year in a push to get more people to invest their savings. However, reports have now suggested that any Cash ISA changes would be announced on 26 March and instead could come in the Autumn Budget. It has also been reported that the Labour government is still considering the possibility of cutting the maximum amount people can put into Cash ISAs. Investors caution Reeves' ISA reforms 'would need to strike a careful balance' to solve UK investmen...
13.03 / 14:59
Career
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White House Press Secretary Karoline Leavitt’s fans express jealousy, saying she’s living the ultimate American dream while they watch from afar
White House Press Secretary Karoline Leavitt is making headlines, not just for her political role but also for her ability to balance motherhood and a high-level career. On Tuesday, White House press secretary Karoline Leavitt brought her eight-month-old son Nicholas to work so she could attend the inaugural MAHA Commission Meeting, as per a report. As she brought her eight-month-old son Nicholas to a White House meeting, fans praised her as the embodiment of the "American dream." Her role in the administration, combined with her ability to balance work and motherhood, has sparked both praise and criticism—particularly following a heated discussion about Donald Trump's tariff policies.
13.03 / 14:59
Provident
Career
trends
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performer
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information
Attendance at board meetings improved in Maharatna, Navratna cos: Excellence Enablers
Navratna companies, have seen significant improvement in board meeting attendance by directors over the past four years, according to a survey by Excellence Enablers. The survey, which covered 13 Maharatna and 20 Navratna companies, found that in FY24, no director had zero attendance at board meetings. In contrast, in FY23, 14 directors had zero attendance. In FY22, there were 9 such directors, and 3 directors were absent from all board meetings in FY21. The Excellence Enablers' fourth edition of the survey emphasised that it is a reasonable expectation for all directors, both executive and non-executive, to attend every board meeting. Absences should only occur for extraordinary reasons that could not have been anticipated. While the legal requirement mandates that each director attend at least one board meeting per year, the survey finds this standard is clearly unsatisfactory. It suggests that directors who miss meetings for legitimate reasons should still be able to submit their comments on agenda items in advance so that they can be taken note of during discussions. Further, the survey by a Corporate Governance advisory firm said, «the question of discontinuing the appointment of Directors who have had zero attendance in the previous FY should be seriously considered». The survey, which analyses corporate governance data of Maharatna and Navratna companies from publicly available sources, also looked into other aspects of board governance, including board size, the presence of independent directors (IDs), and gender representation on boards.
13.03 / 14:59
UPS
economy
Pool
Sustainability
track
RBI urges lenders to create common pool for green projects
green projects to boost flow of climate-related financing. The central bank has also proposed to set up a dedicated “on tap” cohort on climate change risks and sustainable finance under its Regulatory Sandbox initiative. Governor Sanjay Malhotra on Thursday said that the lack of bankable green projects slowed the adequate flow of credit and a collaborative approach could address this constraint. «Capacity and expertise constraints limit the ability to appraise and thus finance climate change mitigation. It also enhances the risk of funding such projects. Thus, creation of a common pool of such bankable projects will have multi-fold benefits for the entire ecosystem,» Malhotra said at a seminar on climate change risks and finance organised by the central bank in New Delhi. He stressed upon capacity building and improving technical know-how to better appraise risks in financing projects which use green technologies.
13.03 / 14:59
13.03 / 14:59
Citi
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Total lunar eclipse 2025 – Blood Moon date, time, visibility, and how to watch this rare celestial event
blood moon. As the Earth moves directly between the Sun and the Moon, it will cast a deep shadow, momentarily transforming our lunar companion into a stunning red sphere. This rare spectacle will be visible across North America, South America, Europe, Africa, and parts of Asia.
13.03 / 14:59
security
Election
students
performer
country
Interim govt in Bangladesh extends military's magistracy power
Muhammad Yunus on Thursday extended the magistracy power of the military forces for 60 more days for the third time amid a nationwide law and order situation. «Commissioned officers holding the rank of captain and above in the Bangladesh Armed Forces have been granted special executive magistrate powers across the country,» a Public Administration Ministry statement said here. According to the statement, navy and air force officers too would hold the authority of executive magistracy while performing duties in aid of civil administration, including the military and navy officers serving on deputation in paramilitary Bangladesh Coast Guard and Border Guard Bangladesh (BGB). The renewal of the government order came as a nationwide operation called Operation Devil Hunt is underway as the country vandalism afresh since February 5. Protestors that day first demolished the 32 Dhanmondi residence of Bangladesh's founding father Sheikh Mujibur Rahman using excavators coinciding with a scheduled virtual speech by his daughter and deposed prime minister Sheikh Hasina from India, where she fled last year after the students' massive protest that ousted her Awami League government. The protesters subsequently attacked or set on fire the houses and business establishments of Awami League leaders and activists throughout the country. They were confronted while attacking a fugitive former minister's village home in suburban Gazipur on the outskirts of the capital.
13.03 / 14:59
markets
Action
Trade
Diversity
Inside
information
reports
Sebi expands scope of unpublished price sensitive information
Markets regulator Sebi has widened the ambit of the scope of Unpublished Price Sensitive Information (UPSI) by including any proposed fundraising activities agreements which can impact the management or control of the company, restructuring plans, and one-time bank settlements. The move is aimed at enhancing regulatory clarity, certainty and uniformity in compliance in the ecosystem. To give this effect, Sebi, in a notification issued on March 11, amended insider trading regulations. The new rules would come into force from June 10.
13.03 / 14:59
markets
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Food
Universities
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recommendations
Congress highlights recommendations of Parliament panel calling for legal guarantee for MSP
legal guarantee for MSP and loan waivers for farmers. Congress general secretary in-charge communications Jairam Ramesh said that the Parliament Standing Committee of Agriculture, Animal Husbandry and Food Processing under the chairmanship of Charanjit Channi has released its Demand for Grants report for 2025-2026. «It has made some key recommendations — Reiteration of its earlier recommendations on legal guarantee for MSP and a loan waivers for farmers; extension of MSP to organic crops; financial assistance to farmers for crop residue management to avoid stubble burning,» Ramesh pointed out. The panel has also recommended universal crop insurance for small farmers and renaming the Department of Agriculture and Farmers Welfare as Department of Agriculture, Farmers and Farm Labourers Welfare to acknowledge the role of farm labourers, he said. The panel has also reiterated its earlier recommendation of incentives for farmers and farm labourers to care for non-productive cattle, Ramesh said. It has called for increasing the procurement limit under the Market Intervention Scheme from the current 25 per cent to 50 per cent of the total estimated production, the Congress leader said.
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