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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
Blockchain
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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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12.01 / 19:09
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PAM
Business correspondents urge RBI to ease domestic transfer limits and rules
Business correspondents (BCs)-who process thousands of crores of rupees daily in domestic remittances-have urged the Reserve Bank of India (RBI) to relax the restrictions it had imposed on monthly and daily transfers 14 years ago, according to people aware of the development. They have written to the RBI, requesting it to double the monthly transfer limit to ₹50,000 and reduce the requirement of a two-factor authentication (2FA) to once a month from it being needed for every transaction now, the people cited earlier told ET. This comes after the BCs complained to the regulator about the misuse of its latest domestic money transfer rules that mandate KYC (know-your-customer) checks of every remitter.
12.01 / 19:09
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January Full Moon 2025: Love is in the air for these zodiac signs | Wolf Moon horoscope
Named by Native Americans to mark the winter season, the Wolf Moon symbolizes heightened emotions and unspoken feelings. As the Moon transits through Gemini, ruled by Mercury, this celestial alignment promises clarity, emotional expression, and new beginnings in matters of the heart.
12.01 / 19:09
markets
Digital
Progressive
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information
Where laws go to die: The case for institutionalised regulatory review in India
India, too, has its share of quirky regulations. Until recently, kite-flying required a permit under the Indian Aircraft Act of 1934, as kites were classified as 'aircraft'. Delhi barbers are still legally obliged to maintain a register of every haircut performed. These outdated laws, often harmless on the surface, highlight a deeper problem: absence of an institutionalised system for regulatory review. Without mechanisms to periodically evaluate and repeal redundant laws, governance becomes riddled with inefficiencies, eroding public trust and creating unnecessary friction.
12.01 / 19:09
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peace
Horoscope 2025: These 4 Zodiac signs set for a major life turnaround this year
However, 2025 brings promising news for four zodiac signs—Aries, Libra, Virgo, and Pisces. Media report predicts life will get significantly easier for them this year. After navigating a year of challenges, these signs can expect emotional and spiritual growth, improved relationships, and a renewed sense of purpose, as mentioned in a report by Your Tango.
12.01 / 19:09
12.01 / 19:09
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Celebrity
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social
Govt to celebrate 75 years of Constitution at Mahakumbh
Constitution, the central government has chosen Mahakumbh in Prayagraj to take the celebration to millions of visitors over one and a half month, starting from Monday. The Union social justice ministry has termed the Mahakumbh as a grand confluence of equality, empowerment and justice. The ministry has set up a pavilion with a «grand, divine, and digital» theme, highlighting the Indian Constitution. As the debate continues over the Constitution from the Parliament to the common masses, the ministry is using this opportunity to educate people on the Indian Constitution and the leaders who were involved in Constitution making. An e-copy of the Indian Constitution will also be kept at the pavilion. There will also be a digital flip book which the visitors to the pavilion can flip through to know about the important sections, amendments and leaders.
12.01 / 19:09
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I-T dept to tap Interpol in pursuit of tax dodgers and their secret assets
Income Tax (I-T) department has set the ground to tap Interpol for information on the current whereabouts, identity, and hidden assets of tax dodgers. A standard operating procedure has been circulated for initiating requests to Interpol, the world's largest international police organisation with 194 member countries, sources told ET. While tax evasion is a criminal offence and may attract penalty and even imprisonment, the I-T department does not seek the help of Interpol in going after tax fraud offenders. However, learning from past experiences, the tax office believes that accessing the latest information on such fugitives-their locations, front entities, and details of newly acquired assets-would help to freeze bank accounts and other assets faster.
12.01 / 19:09
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SAIL, John Cockerill to invest around ₹6,000 crore in building downstream steel plant
Steel Authority of India and John Cockerill India will jointly invest around ₹6,000 crore on setting up a downstream plant for steel, which will be used for the production of cold-rolled grain-oriented and cold-rolled non-oriented types of electrical steel, sources aware of the development said. The hot-rolled coils (HRCs), a form of finished steel to be used as raw material for this plant, will be supplied from SAIL, while the downstream unit itself is likely to be set up at one of SAIL's existing plants, they said. While a final call on where the plant will be set up is yet to be made, the project is expected to come on-board between 2027 and 2029, they said. In November last year, SAIL had signed a memorandum of understanding with John Cockerill India for green steel technologies and innovation, with a focus on carbon steel, green steel and silicon steel.
12.01 / 18:35
Remark
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WhatsApp
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Delhi elections: Not a contender for any post, says BJP's Ramesh Bidhuri
Ramesh Bidhuri, former MP and BJP's candidate from Kalkaji seat against Delhi CM Atishi, issued a statement on Sunday dismissing as «completely baseless» AAP chief Arvind Kejriwal's claim that he will become the CM if the BJP comes to power. In an «appeal to the people of Delhi», Bidhuri said, «My party has given me a lot; I am not a contender to any post. Arvind Kejriwal has launched a misleading campaign against me. I wish to make it clear that I am not a contender for any post.» Kejriwal's words that Bidhuri may become the chief minister if BJP wins the assembly polls are being seen as an attempt to warn the people of the consequences if this comes true. Bidhuri had made objectionable remarks against Priyanka Gandhi Vadra and Atishi. Earlier, he had used communal and abusive language against the then BSP MP Danish Ali in the previous Lok Sabha.
12.01 / 18:21
markets
UPS
Target
Digital
Platform
stars
Jio Star targets Rs 6,000 crore from Champions Trophy, IPL
Jio Star is aiming to generate ad revenue of up to ₹6,000 crore from both TV and digital platforms during the upcoming ICC Champions Trophy and Indian Premier League (IPL) 2025, according to sources familiar with the matter. The broadcaster expects to secure ad revenue of up to ₹1,500 crore from the Champions Trophy and up to ₹4,500 crore from the IPL, the sources added. Rate cards for the ICC Champions Trophy have already been released, with a detailed ad rate card for IPL expected to follow shortly. Jio Star's ad sales team is actively negotiating with advertisers for both events, prioritising the sale of Champions Trophy inventory first. The tournament is set to run from February 19 to March 9. IPL 2025 will be played from March 23 to May 25. For the Champions Trophy on Star Sports, the broadcaster is seeking ₹55 crore for co-presenting sponsorship, ₹44 crore for associate sponsorship and ₹28 crore from partner sponsors. The TV spot rate for India matches is ₹28 lakh per 10-second spot. On digital platforms, Jio Star is seeking ₹55 crore from co-presenting sponsors, ₹45 crore from powered-by sponsors and ₹25 crore from associate sponsors. CPM rates for the full tournament are ₹250 per 10-second spot and ₹500 for India matches. For Connected TV (CTV), the spot rate is ₹7 lakh for the entire tournament and ₹15 lakh for India and play-off matches.
12.01 / 18:21
markets
UPS
Strategy
War
PAM
rights
EU ministers to take up easing of Syria sanctions on January 27
Kaja Kallas, the European Union foreign policy chief, said the foreign ministers would convene in Brussels on January 27 in an effort to decide how the 27-nation bloc would relax sanctions on Syria. After 13 years of civil war, Syria's President Bashar al-Assad was ousted in a lightning offensive by insurgent forces led by the Islamist Hayat Tahrir al-Sham a month ago. The group has since set up a caretaker government in Damascus. Any European decision to ease sanctions would be conditional on the new Syrian administration's approach to governing, which must include «different groups» and women and «no radicalisation», Kallas said, without elaborating. «If we see the developments going to the right direction, we are ready to do the next steps...If we see that it's not going to the right direction, then we can also move back on this.»
12.01 / 18:21
markets
MET
Digital
Strategy
Experts
PAM
Adani Group to invest Rs 65K crore in Chhattisgarh projects
Adani Group will invest Rs 65,000 crore in energy and cement projects in Chhattisgarh, the conglomerate said Sunday. Adani Group chairman Gautam Adani met Chhattisgarh Chief Minister Vishnu Deo Sai on Sunday and announced an investment of Rs 60,000 crore to expand the group's power plants in Raipur, Korba and Raigarh in the state. The expansion will enhance Chhattisgarh's power generation capacity by 6,120 MW, a company statement said. Adani Power is India's top private thermal power producer. It is targeting to double its thermal power capacity to 30.67 GW by 2029-30 from 15 GW currently. The firm said last month it was exploring options of investing Rs 20,000 crore to set up a coal-fired ultra-supercritical thermal power plant in Bihar.
12.01 / 18:21
markets
Provident
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Strategy
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recommendations
CII backs easing of rules, NSWS portal expansion
CII has backed further simplification of the regulatory framework, expansion of the ambit of the national single-window system (NSWS) portal and revamp of the alternative dispute resolution (ADR) system to minimise tax disputes, among steps to make it easier for doing business in India. «Simplifying regulatory frameworks, reducing compliance burdens and enhancing transparency should continue to remain our focus agenda for the next several years,» Chandrajit Banerjee, director general of the Confederation of Indian Industry (CII), said in a press release on Saturday. The CII has pitched for centralised regulatory approval through NSWS, wherein all central, state- and local-level approvals are provided, bringing transparency and faster regulatory clearance for businesses. The industry body has suggested phase-wise onboarding of central ministries and states on the portal, incentivising the states to shift to the portal once the central ministries have been integrated into the portal.
12.01 / 18:21
markets
Digital
security
Strategy
Experts
PAM
3 maoists killed in encounter with security forces
Union home minister Amit Shah has set a deadline of March 2026 to wipe out Maoism from the country. Last year, 287 Naxalites were killed, 1,000 arrested and 837 Maoists surrendered in Chhattisgarh. Giving details about the operation, officials said, «The gunfight broke out in the morning at a forest in the Indravati National Park area when a joint team of security personnel was out on an anti-Naxalite operation,» said Inspector General of Police, Bastar Range, Sundarraj P.
12.01 / 18:21
UPS
Action
security
economy
President
cover
Interviews
As Trump threatens Canada, ‘there’s something dangerous brewing’: analyst
U.S. president-elect Donald Trump’s increasingly bold threats against Canada’s economy and sovereignty suggest “there’s something dangerous brewing” and a serious response is needed, a U.S. analyst says.
12.01 / 18:21
12.01 / 18:21
markets
Digital
Strategy
Election
PAM
social
Bittersweet revdi politics: States struggle to fund freebie promises
Aditi Tatkare said women listed under Namo Shetkari and direct benefits schemes will not be eligible for Ladki Bahin Yojana — the scheme which promised ₹2,100 as pension to all women above 18 years and helped the Mahayuti alliance to come back to power. Early estimates show that this will help the Maharashtra government prune the 2.63-crore beneficiary list by 20 lakh. On January 1, Himachal CM Sukhvinder Sukhu voluntarily surrendered the free electricity subsidy of 125 units in his name and urged all self-reliant individuals to follow suit. The appeal aims to benefit the state electricity board by ₹200 crore. The Congress government, which assumed power in December 2022, has been facing severe financial crunch and struggling to implement its election promises. In the process, it has started pruning the beneficiary list and tweaking freebies introduced by the previous BJP government. In October, in an exclusive interview to ET, Andhra CM N Chandrababu Naidu admitted he was struggling to implement super six promises made in the run-up to the assembly polls because of financial constraints.
12.01 / 18:21
markets
Digital
CEO
Strategy
Experts
PAM
DMart's fundamental business principles should stay intact: CEO Neville Noronha
Neville Noronha, the chief executive of Avenue Supermarts that operates DMart retail stores, said the foundational ethos and principles that have guided the company should remain unchanged, irrespective of leadership transitions. «We operate on straightforward, fundamental business principles, and these must stay intact. While strategies and operational details might evolve, the culture of the company should never be compromised,» he said in a chat with ET, a day after announcing his plan not to extend his contract as CEO. Noronha has spent more than two decades in the supermarket chain. On Saturday, Avenue Supermarts announced that Anshul Asawa will replace Noronha in February 2026, after the latter chose not to continue.
12.01 / 17:05
markets
Digital
Strategy
Experts
PAM
reports
Courts
AgustaWestland: Court directs AIIMS to arrange hip replacement surgery for Christian Michel James
AIIMS to arrange hip replacement surgery for jailed British national Christian Michel James, the alleged middleman arrested in 2018 in a money laundering case connected to the Rs 3,600-crore AgustaWestland chopper case. Special Judge Sanjeev Aggarwal passed the order on an application filed by James who has claimed that his total hip replacement surgery could not be avoided, considering that he was suffering from «excruciating pain» in day-to-day activities. James, who was extradited in 2018, claimed that the doctors at the All India Institute of Medical Sciences (AIIMS) had advised the surgery. «The Director, AIIMS is requested to arrange for the total hip surgery, as advised by the doctors of AIIMS as per the medical prescription dated December 30, 2024, and to fix the surgery i.e. total hip replacement, as stated in the report, preferably, in the first/second week of February, 2025 as per the convenience of the operating surgeon,» the judge said in an order passed on January 9.
12.01 / 17:05
markets
Target
security
Strategy
Remark
donates
No BJP leader asked Ramesh Bidhuri to apologise for his indecent remarks: Atishi
Kalkaji in next month's Assembly elections, on Sunday hit out at her rival BJP candidate Ramesh Bidhuri for his alleged remarks on her family made last week. In an interview with PTI Videos, Atishi also claimed that her crowd-funding initiative launched on Sunday morning generated Rs 17 lakh in donations within just 10 hours. Atishi, who defeated BJP's Dharambir Singh in 2020, said she will proceed to file her nomination for the February 5 polls at the district magistrate's office after praying at the Kalkaji temple and at a gurdwara. On her BJP rival's recent remarks, Atishi said, «Bidhuri has shown his character. Within 24 hours of getting a ticket, he made an indecent comment on Priyanka Gandhi. In the next 24 hours, he abused me and my family from Prime Minister Modi's stage at a rally.»
12.01 / 17:05
markets
Digital
security
Strategy
Experts
PAM
bowling
Punjab Kings captain: Shreyas Iyer to lead Preity Zinta-owned franchise in IPL 2025
Punjab Kings (PBKS) on Sunday announced India batter Shreyas Iyer as their captain for the 2025 edition of the Indian Premier League (IPL). The franchise secured Iyer’s services at the IPL 2025 mega auction for a record-breaking Rs 26.75 crore. Punjab fended off stiff competition from Kolkata Knight Riders (KKR) and Delhi Capitals (DC) in an intense bidding war to sign the star batter. While Iyer became the most expensive player in IPL auction history for a brief moment, he was later surpassed by Rishabh Pant, who fetched an even higher bid.
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