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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 / 08:51
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IT stocks fall from peaks: What's behind the decline?
Eight of the top ten IT stocks have entered bear market territory, including Infosys, HCLTech, and Tech Mahindra. LTIMindtree experienced the most significant drop from peak levels, falling 33%, while Wipro, though performing relatively better, still saw a 16% decline.
13.03 / 08:51
13.03 / 08:51
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Why is Trump so impressed with JD Vance's shamrock-themed socks? All you need to know
Donald Trump during a meeting in the Oval Office with Irish Prime Minister Micheál Martin. It was a light-hearted moment at the Oval Office when Trump ribbed Vance about the green-and-white shamrock socks he wore during a meeting with Ireland Prime Minister Michael Martin. Trump couldn't help but laugh as he was momentarily distracted by Vance's crazy-patterned socks.
13.03 / 08:51
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European shares flat amid looming global trade war
shares were largely unchanged on Thursday as investors took a step back to assess the ramifications of U.S. President Donald Trump's wavering tariff announcements on global trade relations. The pan-European STOXX 600 was down 0.06% as of 0813 GMT, after closing 0.8% higher on Wednesday due to optimism from hopes of a ceasefire in Ukraine and a cooler-than-expected U.S. inflation report.
13.03 / 08:51
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Cross-border fintech Zolve raises $251 million in equity-debt mix from Creaegis, others
Zolve has secured $251 million in a debt-equity mix funding round led by Creaegis. The startup offers credit facilities to students and professionals moving to the United States from other countries. Out of the total funds, $51 million is an equity infusion and the rest is debt. Other than Creaegis the round saw participation by HSBC, SBI Investment, GMO Venture Partners, DG Daiwa Ventures, and existing investors Accel, Lightspeed Venture Partners, Sparta Group, and DST Global. Accel, DST Global, and others had participated in the platform's first institutional funding round of around $40 million, which took place in October 2021.
13.03 / 08:47
UPS
Manufacturing
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Holi cheers for economy! Cooling inflation and rate cut bets may add to India’s celebrations
economy? check. As you continue to gather your gulal and stock up on sweets, there is another reason to celebrate Holi this year—the Indian economy is bringing its own splash of colors to the festival. With inflation cooling, EMIs likely to get cheaper, and a fresh dose of tax relief from the government, there’s more than just festive spirit in the air. So, as you vibe on “Balam Pichkari" or «Do me a favor, let’s play Holi!”—here’s how the economy is setting the perfect backdrop for a vibrant, cheerful celebration.
13.03 / 08:47
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Is LIC stock undervalued? Kotak Equities suggests buying with Rs 1,175 target
Life Insurance Corporation of India (LIC) looks inexpensive, domestic brokerage firm Kotak Institutional Equities has maintained a ‘buy’ call on the stock, revising its target down to Rs 1,175 from an earlier Rs 1,250, to reflect a lower investment return following the recent correction in equities. “The correction in equities and a severe slowdown in business, following the surrender value guidelines, continue to weigh on the prospects of LIC. Trends in (equity) markets have high sensitivity and drive over 50% of its EV. The slowdown in APE and management’s stance on dealing with the same are monitorable. Inexpensive valuations support our BUY rating,” said the domestic brokerage firm.
13.03 / 08:47
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Taiwan's leader says tougher measures needed to counter stepped-up Chinese infiltration, spying
William Lai Ching-te said Thursday tougher measures are needed to counter stepped-up Chinese infiltration, spying and other efforts to weaken the island's defences. Lai cited a range of recent incidents involving China that fall into a «gray area» of psychological warfare short of open armed conflict. Beijing's efforts to «subvert, obtain secrets, lure members of the armed forces and influence public opinion to lose confidence in our national defence require that we step up our legal safeguards to prevent and detect such incidents,» Lai said at a news conference. Lai's Democratic Progressive Party favours the island's continued de-facto independence from Beijing. China has refused almost all official contact with the DPP since Lai's predecessor, Tsai Ing-wen, was elected eight years ago. China regularly sends ships and planes into airspace and waters near the island in an effort to intimidate its 23 million people and wear down its armed forces and morale. Taiwan's government recently expelled the Chinese wife of a Taiwanese citizen after the woman repeatedly posted short clips on Chinese social media saying China would conquer Taiwan in half an hour and praising the Chinese leadership.
13.03 / 08:47
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China urges 'diplomatic' Iran nuclear solution ahead of Beijing talks
«In the current situation, we believe that all parties should maintain calm and restraint to avoid escalating the Iran nuclear situation, or even walking towards confrontation and conflict,» foreign ministry spokeswoman Mao Ning told a regular briefing. Beijing will host Russia and Iran for trilateral talks on Tehran's nuclear programme on Friday. The meeting will be attended by China's Vice Foreign Minister Ma Zhaoxu, Russian Deputy Foreign Minister Sergey Ryabkov and Iranian Deputy Foreign Minister Kazem Gharibabadi. The United States withdrew from a landmark deal that had imposed curbs on Iran's nuclear programme in return for sanctions relief during President Donald Trump's first term, which ended in 2021.
13.03 / 08:47
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NSE, BSE to remain closed on March 14 for Holi
Holi, giving investors an extended weekend before trading resumes on Monday, March 17, as per the holiday schedule issued by the National Stock Exchange (NSE) and the BSE. The closure will affect all market segments, including equities, derivatives, securities lending and borrowing (SLB), electronic gold receipts (EGR), and currency trading.
13.03 / 08:47
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Chhattisgarh Waqf Board reschedules Friday prayers on Holi, issues directives
Chhattisgarh Waqf Board has decided to reschedule Namaz in mosques across the state this year, as Holi celebrations coincide with Friday prayers. An official directive has been issued to all mosques regarding this change. As per the directive, the Friday prayers, which are usually held between 12:30 PM and 1:00 PM, will now take place between 2:00 PM and 3:00 PM on March 14. Speaking on the decision, Chhattisgarh Waqf Board Chairman Dr. Salim Raj said, «The Chhattisgarh State Waqf Board has decided that, considering the festival of Holi, Friday prayers will be held between 2:00 PM and 3:00 PM in all mosques. Previously, the prayers were conducted at 12:30 PM or 1:00 PM, but now they will be held later in all mosques across the state. Chhattisgarh has become the first state in the country to implement such a change in mosque prayer timings.» Meanwhile, on Tuesday, according to authorities, Friday Namaaz prayers in mosques in the cities of Haridwar in Uttarakhand and Gorakhpur in Uttar Pradesh have been postponed to the afternoon to avoid overlapping with Holika Dahan timings on March 14, the day of the Holi festival. Haridwar Superintendent of Police Pankaj Gairola confirmed that a meeting with community representatives resulted in the decision to hold Friday prayers after 2:30 pm.
13.03 / 08:47
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Satin Creditcare Network secures $100 million in syndicated social loan from Standard Chartered and Sri Lankan lenders
Microfinance company Satin Creditcare Network has raised $100 million in external commercial borrowing from Standard Chartered Bank and six Sri Lankan lenders. This is Satin's maiden syndicated social term loan raised from overseas lenders under the automatic route of the Reserve Bank of India (RBI). «Securing $100 million from new lenders, notably prominent Sri Lankan banks, amid challengingThis social loan marks a significant landmark as Satin Creditcare’s first syndicated transaction, reflecting the trust and confidence that global financial institutions have placed in us. It times highlights our strong governance, sustainable growth, and financial resilience,» Satin chairman HP Singh said.
13.03 / 08:47
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More kit, better barracks: Germany's military in need of overhaul
It comes as US President Donald Trump's increasingly hostile stance towards traditional European allies has shaken faith in US commitment to the continent's security. Here's what Germany's armed forces — the Bundeswehr — are thought to need, and how they might get it: — What is the state of the Bundeswehr? - Germany cashed in a so-called «peace dividend» after the Cold War. Like other Western countries, it reduced the size of its armed forces and directed more spending to areas like welfare.
13.03 / 08:47
13.03 / 08:47
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Heatwave alert in parts of Jharkhand during Holi festival
Holi festival in Jharkhand, a meteorological department official said on Thursday. Some districts in Kolhan and Palamu divisions may also experience a maximum temperature of around 40 degrees Celsius. The maximum temperature is likely to increase by up to five degrees Celsius during the next four days, starting from Friday, he said. «A yellow alert of heatwave has been issued for the Kolhan division, comprising three districts Seraikela-Kharswan, East and West Singhbhum, for March 14. Ranchi Meteorological Centre in-charge Abhishek Anand said, „A similar condition may be experienced in Palamu division, mainly in Palamu and Garhwa districts along with Kolhan on March 15 and 16. The maximum temperature could reach 40 degrees Celsius in two divisions.“ Anand added that the maximum temperature might rise by three to five degrees Celsius across Jharkhand during the next four days due to the inflow of warm winds from the western region.
13.03 / 08:21
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Keki Mistry expects GDP growth to touch 7% in H2; says 3 sectors will do well now
Keki Mistry, Former VC & CEO, HDFC & Independent Director in Several Companies, says he would be surprised if India’s growth is not 7% or very close to 7% by the second half of the year. If monsoons are good, food prices continue to remain low, and there is low geopolitical uncertainty, then we can cross 7% in the latter part of the year. Mistry also says that the risk to India from tariff threat is far lesser than the risk to countries like China, Canada or any of these European countries. India is hugely dependent on the domestic economy though exports make for 22-23% of GDP and the US accounts for 16-17% of total exports. So, the proportion of the impact it will have on India will be lesser than in most other countries. FMCG, retail, also the IT sector will do well because of rupee depreciation.
13.03 / 08:21
Digital
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JioHotstar surpasses 540 crore views in ICC Champions Trophy 2025
JioHotstar has set new records in India’s live sports streaming with the ICC Men’s Champions Trophy 2025, drawing 540+ crore views and nearly 11,000 crore minutes of watch time, cementing its dominance in digital sports. The India vs. New Zealand final captivated audiences nationwide, drawing 124.2 crore views and reaching a peak concurrency of 6.12 crores. Hindi-speaking regions contributed over 38% of total viewership, with Uttar Pradesh, Uttarakhand, Maharashtra, Goa, Punjab, and Haryana leading consumption. Large-screen viewing also saw a surge, with JioHotstar achieving over 80% penetration in WiFi-enabled CTV households, and Maharashtra recording the highest viewership. Kiran Mani, CEO – Digital, JioStar, highlighted the platform’s scale and accessibility: «The overwhelming response to the ICC Men’s Champions Trophy 2025 marks a leap toward the billion-screen opportunity, where seamless access and immersive engagement are now the expectation, not the exception. The tournament also saw the highest-ever single-day subscriptions since launch, during the India vs Australia match, further underscoring the scale at which audiences are embracing digital streaming. This moment is a testament to our commitment to making high-quality experiences accessible to all and transforming digital consumption in India, as we continue to deliver unparalleled, seamless, and inclusive experiences built for the future.»
13.03 / 08:21
13.03 / 08:21
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Rahul Sharma advises stock accumulation amid market choppiness
«So, we feel that this back and forth action is what is happening in the market as of now. A) there is lack of leadership. We saw metals doing well last week, again follow-up buying is not happening in this week,» says Rahul Sharma, JM Financial Services. What do you make of the market setup? It seems like the market has been gradually recovering but a lot of volatility still persists. Rahul Sharma: So, markets are into that zone where the grind is essentially the base formation that we have spoken of in the past and we feel that it could spend some more time in this broad range with 22,700, 22,800 as the very stiff resistance at the higher side and 22,000, 21,800 being a very strong support equally on the downside.
13.03 / 08:21
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Leo Puri resigns as Independent Director of HUL, cites global board commitments
Hindustan Unilever Limited (HUL) has announced the resignation of Leo Puri as an Independent Director of the company, effective June 30, 2025. Puri, who has been serving on HUL’s board, has stepped down due to an increase in his board commitments, including his proposed appointment to the board of a global entity. Puri’s resignation is also because of the overboarding criteria for Independent Directors under the European Corporate Governance requirements, the FMCG major confirmed in a regulatory filing on the stock exchanges. With his resignation, Puri will also step down as Chairperson of the Risk Management Committee, ESG Committee, and Independent Committee Puri also holds independent directorships in Dr. Reddy’s Laboratories and Fortis Healthcare. At Dr. Reddy’s, he chairs the Stakeholders Relationship Committee and is a member of the Nomination, Governance, and Compensation Committee, as well as the Science, Technology, and Operations Committee. As recent as December, he was also appointed as the Chairperson of Fortis Healthcare’s board.
13.03 / 08:21
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'This is horrifying!' K-Pop fans lash out at company seeking audition from girls as young as 3 for debut
Seo Hye-jin under Crea Studio. Despite Seo Hye-jin’s history of producing hit shows, Under 15 is generating buzz for all the wrong reasons. The show is actively scouting children between the ages of 3 and 15 from more than 70 countries, sparking widespread concern. Reports indicate that the producer’s goal is to form a group with an average debut age even lower than NewJeans’ 16.4 years, raising ethical questions about the industry's growing push toward increasingly younger idols. As the introductory poster of one of the contestants, eight-year-old Kim Ga Yoon, went viral on X, several netizens condemned the induction of such young children, pointing out that they are vulnerable to predators. Many also objected to the name of the programme, saying that such a suggestive name would attract the attention of pedophiles.
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