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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
Blockchain
Ethereum
What lies ahead for Altcoins: Looking at the future of diversified portfolios
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16.01 / 09:35
markets
Digital
Strategy
Election
Experts
PAM
Andhra CM Chandrababu Naidu to allow only those with more than two kids to contest local polls
Chandrababu Naidu has proposed allowing only individuals with more than two children to contest municipal and panchayat elections. The announcement comes months after the state assembly repealed a 30-year-old law that barred individuals with more than two children from participating in local body elections, a TOI report stated.
16.01 / 09:35
markets
Research
Justice
social
reports
Department
Investigations
Hindenburg shutdown: Did the short seller begin to feel the heat?
Hindenburg Research, the US short seller that mounted an attack on the Adani Group and Sebi chief Madhabi Puri Buch, is shutting down. Founder Nate Anderson did not specify any one reason to disband it. «There is not one specific thing — no particular threat, no health issue, and no big personal issue,» he said. «As I've shared with family, friends and our team since late last year, I have made the decision to disband Hindenburg Research,» he added. He explained that the plan was to wind up operations after completing their pipeline of investigative ideas. Notably, the firm recently concluded its final projects related to Ponzi schemes, marking the end of its research activities.
16.01 / 09:35
markets
IPO
Digital
security
Strategy
PAM
Embassy group looks to raise Rs 1,600 cr debt
Embassy Group, which runs a real-estate investment trust (REIT), plans to raise Rs 1,600 crore of fresh debt through zero coupon bonds to fund new projects, refinance existing debt, and acquire a 5% stake in WeWork India from WeWork Global, sources close to the development told ET.
16.01 / 09:35
UPS
Cooper
Action
WhatsApp
reports
Hampi's Virupaksha Temple bans bananas to protect elephant, preserve cleanliness
Virupaksha temple in Hampi has imposed a ban on bananas within its premises, aiming to preserve cleanliness and protect its temple elephant, Laxmi, from the constant attention of tourists, reported TOI. The temple's decision comes after repeated incidents where visitors fed bananas to the elephant in large quantities, often resulting in the animal becoming visibly disturbed.
16.01 / 09:35
UPS
Waves
Target
WhatsApp
electronic
Ukraine says it downed 34 Russian drones in overnight attack
drones launched by Russia in an overnight attack, the Ukrainian air force said on Thursday, with a further 18 failing to reach their targets, something which usually indicates they were jammed by electronic warfare.
16.01 / 09:35
16.01 / 09:35
16.01 / 09:35
16.01 / 09:31
markets
UPS
Citi
economy
Research
country
reports
China's slowing economy is waiting for more stimulus. Here's how the country plans to boost growth
BEIJING — As promised government support is still to meaningfully kick in, China's economy hasn't yet seen the turnaround investors have been waiting for.
16.01 / 09:03
economy
trends
show
Services uplift UK economy as it swings back to 0.1% growth in November 2024
According to data from the Office for National Statistics (ONS) today (16 January), real GDP is estimated to have shown no growth in the three months to November compared with the previous three-month period. UK inflation lowers to 2.5% in December Services output increased by 0.1% over the month, after falling 0.1% in October, which was revised down from 0% in the ONS' previous release, but similarly to real GDP, showed no growth in the three months to November. Production output fell by 0.4%, continuing the downward trend from the previous month when it dropped by 0.6%, and overa...
16.01 / 09:03
Trade
Updates
Rathbones hit by £3.4bn Autumn Budget outflows but FUMA on the rise
In a trading update today (16 January), the firm noted the outflows remained at the same level as in Q3 2024 and offset the £3.2bn inflows recorded in the last three months of 2025. Funds under management and administration (FUMA) however, rose slightly over the period to £109.2bn, from £108.8bn at the end of September 2024 and £105.3bn at the end of 2023. Rathbones AM poaches from Schroders for business development director role Total net flows in the investment management arm's discretionary and managed propositions rose to around £400m from £100m in the third quarter, «reflectin...
16.01 / 09:03
Proxy voting advisers side with Herald board to vote against Saba Capital
Both ISS and Glass Lewis offer investors independent insights relating to their holdings, which includes advice on how to vote at respective company meetings. HRI is the first of seven trusts that will have its shareholders vote on a series of resolutions brought forward by the US hedge fund to oust the current board and enact its methods of narrowing the entrenched discounts. Saba Capital pulls back curtain on plans to merge investment trusts following shareholder meetings The requisitioned general meeting is set to take place on Wednesday 22 January at midday at 10-11 Charterhous...
16.01 / 09:03
UPS
Fox
Career
CEO
Quilter Cheviot Europe CIO Donnacha Fox dies
A professional with more than 30 years' experience in the industry, Fox joined the business in 2003 as a founding partner of the Dublin office. He started his career in 1994 at Goodbody Stockbrokers where he spent three years as a private client investment analyst and then moved to Davy for six years as a portfolio manager and head of the private client investment committee, before setting up Quilter Cheviot in Ireland. Andrew Fahy, CEO of Quilter Cheviot Europe, said: «It is with profound sadness that we share with you the loss of our colleague and friend, Donnacha Fox, who passed aw...
16.01 / 08:33
markets
Digital
Platform
Food
Bill
information
reports
Does e-commerce threaten corner stores? India’s consumption survey data has some clues
Subscribe to enjoy similar stories. Household Consumption Expenditure Survey (HCES) data has been making headlines for its deep dive into India’s standard of living and evolving consumption patterns. The latest HCES 2023-24 fact-sheet, released hot on the heels of the 2022-23 micro-data, offers a treasure trove of insights into shifting consumption over the past year.
16.01 / 08:33
UPS
Booking
Mobile
Software
Sustainability
Profiles
L&T Tech's Q3 excites, but don’t ignore the near-term headwinds
Subscribe to enjoy similar stories. Midcap IT firm L&T Technology Services Ltd (LTTS) surprised the Street with solid deal wins and margin expansion in the December quarter (Q3FY25). Investors cheered, taking the shares up about 8% on Thursday.
16.01 / 08:23
16.01 / 08:23
markets
UPS
Digital
Strategy
Experts
PAM
union budget 2025
budget 2025
Union Budget 2025's tax dilemma and expectations for Viksit Bharat
Union Budget 2025 draws near, all eyes are on the Government’s fiscal strategy to navigate India’s economic aspirations amidst global uncertainties.
16.01 / 08:23
markets
Provident
Strategy
Experts
guidelines
Courts
Investigations
Big relief for GST taxpayers: Protection against arbitrary arrest and coercion by GST officers; CBIC changes arrest and bail guidelines under GST
Goods and Service Tax (GST) proper officer can't arbitrarily arrest a GST registered person due to a recent amendment in GST arrest instructions. Moreover, now GST proper officers have to explain to the taxpayers about the 'grounds of arrest' and also obtain a written acknowledgement from them about their understanding of the explanation.
16.01 / 08:23
markets
ETF
Analysis
economy
trends
Trade
show
Long-term vs short-term views: Why Indian markets remain a strong bet for investors
foreign institutional investors (FIIs) have been net sellers, offloading about $23 billion from October 2024 to January 2025. The prevailing narrative attributes this to a weakening Indian economy. However, a closer examination reveals a more nuanced reality.
16.01 / 08:23
markets
security
Strategy
Actor
hospital
reports
Leaking spinal fluid, injured thoracic spinal cord: Doctors reveal how Saif Ali Khan was brought to the hospital
Saif Ali Khan was admitted to Lilavati Hospital at 2 am with a reported history of assault by an unknown individual, said Doctor Nitin Dange, Neurosurgeon at Lilavati Hospital where the actor was admitted after being stabbed during a burglary at his residence last night.
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