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UPS
Event prediction markets like Kalshi and Polymarket are buzzing in America: Should India allow them too?
markets
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Let the Bitcoin bubble deflate: It’s time to tokenize assets that hold intrinsic value
Blockchain
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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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28.01 / 14:29
markets
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NVIDIA
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Tech shares steady, Nvidia edges up after epic DeepSeek mauling
shares steadied on Tuesday, led by a modest recovery in Nvidia after its record-breaking wipeout in market value in a rout sparked by a low-cost Chinese artificial intelligence model that may threaten the dominance of U.S. rivals. Shares in Nvidia, a leader in the AI chip market, fell 17% on Monday, wiping $593 billion from its market value — a record one-day loss for any company — and dragged U.S. stocks lower.
28.01 / 14:29
28.01 / 14:29
28.01 / 14:29
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Trace Cyrus claims dad Billy Ray Cyrus is threatening to sue him: ‘You should be ashamed’
Trace Cyrus recently claimed that his adoptive father, country music star Billy Ray Cyrus, threatened him with legal action after he urged him to “get help.” The 35-year-old son of the ‘Achy Breaky Heart’ singer shared on Instagram Stories that he has not had any contact with his father since he publicly expressed concern for his well-being. This came after a troubled performance by Billy Ray Cyrus at President Donald Trump's inaugural ball.
28.01 / 13:29
28.01 / 13:29
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Italy's Mediobanca rejects Monte dei Paschi's 'destructive' 13-billion-euro takeover bid
Shareholders of Italian lender Mediobanca on Tuesday rejected a 13-billion-euro takeover offer from smaller domestic peer Monte dei Paschi, amid a ramp-up in consolidation bids in the Italian banking sector.
28.01 / 13:21
28.01 / 13:21
28.01 / 13:09
Saba Capital takes stake in Terry Smith's Smithson investment trust
According to disclosures by the Saba-managed Saba Capital Income & Opportunities fund II, the US vehicle – which focuses on investing in closed-ended funds across the world – took a small stake in Smith's £2bn investment trust as of 31 October 2024, the most recent date at which Saba revealed its portfolio holdings. The Saba fund bought total return swaps giving a value of at least $5.7m in the FTSE 250 investment trust. Fundsmith's profit decline forces Terry Smith to take second pay cut However, Investment Week understands that since late October last year, Boaz Weinstein's hed...
28.01 / 13:09
Keir Starmer and Rachel Reeves to confirm DB surplus release plans
Keir Starmer (left) on his way to the G20 Summit in Brazil and Rachel Reeves (right) at Davos 2025. Pictures: Simon Dawson / No 10 Downing Street and Kirsty O’Connor / Treasury
28.01 / 13:09
UPS
Lloyds agrees to allow investment trust shareholders to vote on Saba resolutions
Headed up by Boaz Weinstein, Saba has requisitioned general meetings at seven UK investment trusts, vehicles in which the hedge fund holds between 19-29% of shares. The Manhattan-based activist firm has proposed resolutions to oust the boards of the seven trusts and replace it with its own nominees, blaming the boards and managers of the trusts for having «failed shareholders» and underperformed over the past three years. Hedge funds line up short positions against Saba holdings in UK trust tussle So far, just one of the trusts, Herald investment trust (HRI), has voted on Saba's ...
28.01 / 12:53
UPS
Citi
security
Celebrity
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bowling
Taylor Swift's heartwarming reaction to Travis Kelce’s Super Bowl moment is the sweetest thing you will see today | Watch video
Taylor Swift lit up Arrowhead Stadium with excitement after the Kansas City Chiefs secured their spot in the Super Bowl yet again. The Grammy-winning pop star was caught on camera celebrating the team’s nail-biting AFC Championship win over the Buffalo Bills, with a score of 32-29.
28.01 / 12:53
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Motilal Oswal Q3 Results: Cons PAT falls 14% YoY to Rs 565 crore, revenue up 12%
Motilal Oswal Financial Services (MOFSL) on Tuesday reported a 14% year-on-year decline in its December quarter consolidated net profit at Rs 565 crore versus Rs 660 crore reported in the year ago period. The total revenue from operations surged 12% to Rs 1,999 crore in Q3FY25 versus Rs 1,791 crore in the corresponding quarter of the last financial year. The profit after tax (PAT) fell 50% on a sequential basis versus Rs 1,120 crore reported in the year ago period. Meanwhile, the topline saw a 30% drop on a quarter-on-quarter basis as against Rs 2,838 crore recorded in Q2FY25.
28.01 / 12:53
markets
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country
exclusive
Sporting
athletics
Thomas Cook India to provide accommodation, other facilities at National Games 2025
catering and transport services for the National Games of India 2025 being held in Uttarakhand. National Games of India 2025 is a multi-sport extravaganza bringing together top athletes from across the country to participate in 32 sporting disciplines and 4 demonstration events during January 28-February 14, 2025, Thomas Cook said in a statement.
28.01 / 12:53
markets
UPS
Citi
security
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Features
WWE Royal Rumble 2025: Predictions, likely participants & everything you need to know
WWE Royal Rumble 2025 is one of the most anticipated events for the wrestling fans. Known for its iconic over-the-top elimination matches, this year’s Rumble promises to deliver not only intense competition but also major storyline shifts as the road to WrestleMania begins.
28.01 / 12:53
markets
Digital
Strategy
NVIDIA
Experts
PAM
social
DeepSeek founder Liang Wenfeng becomes an overnight sensation in China, labeled as a genius, an AI hero of Guangdong, and a great god
DeepSeek R1 was launched in the world markets, it took the entire AI industry by storm and created a major ruckus in the US stock market. Due to the stiff challenge posed by DeepSeek R1, US investors have now begun questioning the overall profitability of AI, and the wrath is now being suffered by Nvidia, OpenAI, Meta, Amazo, and other related AI stocks in recent trading.
28.01 / 12:53
BLOCK
Colleges
UPPSC Exam 2025 Calendar: Check steps to download schedule, direct link and more here
Uttar Pradesh Public Service Commission (UPPSC) has published the examination calendar for various posts, including the Combined State Engineering Services (Preliminary) Examination, Combined State/Senior Subordinate Services Preliminary and Main Examinations, Staff Nurse, and Lecturer, among others. The schedule, released today, January 28, 2025, is available in PDF format on the official website: uppsc.up.nic.in.
28.01 / 12:53
28.01 / 12:53
28.01 / 12:53
markets
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outbreak
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H5N1 bird flu outbreak in US witness a sharp rise in egg price, squeezing profit for restaurants
avian flu outbreak and rising inflation, egg prices have surged across several cities in the US, placing significant pressure on restaurants and bakeries, many of which are struggling with shrinking profit margins.
28.01 / 12:53
markets
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Sustainability
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country
budget 2025
Will government bring alternative to SGB scheme in Budget 2025? Here is what experts say
SGB issue opened to the public for subscription on February 12, 2024, and closed on February 16, 2024. The issue price of the SGB was Rs 6,262 per gram of gold. Further, till date, the government has not announced any new issuance of SGB tranches in the financial year. The Sovereign Gold Bond scheme was originally introduced to reduce the demand for physical gold.
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