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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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12.01 / 17:05
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Will Vice President-elect JD Vance skip Inauguration Day to support Buckeyes in the College Football Playoff ?
Vice President-elect JD Vance, a staunch supporter of Ohio State University and a proud alumnus, has humorously hinted at a potential scheduling conflict as he prepares for his upcoming inauguration. With the Buckeyes set to face Notre Dame in the College Football Playoff National Championship, Vance joked about prioritizing his alma mater over his official duties, as mentioned in a report by New York Post. The clash of events—Ohio State’s championship game and the inauguration of President-elect Donald Trump and Vance on January 20—has become the subject of light-hearted banter.
12.01 / 17:05
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Microfinance sector contracts below Rs 4 lakh crore amid loan disbursal woes
loan disbursal with several of them completely stopping acquisition of new-to-credit customers amid rising asset quality stress. The sector's asset quality may have also worsened as collection efficiency has faltered for several lenders. Heads of the microfinance lenders however expressed hope that the sector would bounce back but it may take a couple of quarters from now. It is now in the process of healing with guardrails being in place to protect it from further degeneration, they said. The sector contributes 2.03% to the country's GDP and supports 13 million jobs.
12.01 / 17:05
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Building collapse at Kannauj: All 28 trapped workers rescued after 16-hour operation, FIR lodged
Kannauj railway station following a 16-hour overnight operation, officials said on Sunday. An FIR has been registered against the contractor and an engineer for various offences including negligence and endangering lives, they said. The rescue teams, including personnel from the national and state disaster response forces and the railways, worked through the cold winter night to clear the debris and pull out the trapped workers. No fatalities have been reported, the officials said. Twenty-six workers have been admitted to various hospitals in Kannauj, while two with serious injuries were shifted to the Lala Lajpat Rai (LLR) Hospital in Kanpur, they said.
12.01 / 17:05
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Wildlife
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Centre approves oil and gas exploratory drilling in Assam sanctuary
eco-sensitive zone of the Hoollongapar Gibbon Wildlife Sanctuary in Assam's Jorhat district. The Standing Committee of the National Board for Wildlife (NBWL), chaired by Union Environment Minister Bhupender Yadav, approved the proposal by Vedanta Group's Cairn Oil & Gas during its meeting on December 21, according to the minutes of the meeting. Assam's principal chief conservator of forests (wildlife) and chief wildlife warden had recommended clearance for the project in August last year, citing «national interest». The Forest Advisory Committee of the Union Environment Ministry had also granted in-principle approval during its meeting on August 27 last year.
12.01 / 17:05
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Biden likely to talk with Netanyahu; hostage deal 'very close,' security adviser says
Joe Biden will likely talk with Israeli Prime Minister Benjamin Netanyahu soon, his national security adviser said on Sunday, as U.S. officials race to reach a Gaza hostage and ceasefire deal before Biden leaves office on Jan. 20. Jake Sullivan told CNN's «State of the Union» program that the parties were «very, very close» to reaching a deal to halt the fighting in the enclave and free the remaining 98 hostages held there, but still had to get it across the finish line. Biden was getting daily updates on the talks in Doha, where Israeli and Palestinian officials have said since Thursday that some progress has been made in the indirect talks between Israel and militant group Hamas, Sullivan said.
12.01 / 17:05
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peace
Indian Railways to run a record 13,000 train services for Maha Kumbh
Maha Kumbh mela in Prayagraj. An official statement said 3,134 special trains will be run in 2025 which is around 4.5 times more than those operational during the Prayagraj Ardh Kumbh held in 2019. These special services will supplement the 10,000 regular trains operational on this route. Kumbh Mela is a major Hindu pilgrimage and festival. It has the distinction of being the largest peaceful gathering in the world, drawing crores of devotees who come to bathe in India's sacred rivers. This year, there will be 1,869 short distance mela special trains to cater to requirements of passengers coming from within Uttar Pradesh and nearby areas. Another 706 trains long distance and 559 ring trains will also function. No ring rail services were plying during the 2019 Kumbh. This circular railway network runs parallel to a ring road, catering to very short distance journeys where there is regular passenger demand.
12.01 / 15:37
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boating
Prayagraj brimming with activities on eve of Maha Kumbh
Prayagraj, where the 45-day Maha Kumbh will commence Monday on the auspicious occasion of 'Paush Purnima' in the Sangam area, the confluence of Ganga, Yamuna and the mystical Saraswati rivers. A day before the first major bathing ritual or 'Shahi Snan', PTI on Sunday took stock of the preparations made for the devotees at the Sangam and other ghats. Apart from the Sangam banks, many changing rooms have been built along the rivers where the boatmen have been given life jackets for the devotees. A board fixing the rates for boat rides has also been put up for the convenience of the devotees. Vishnu Nishad, a local boatman, sounded excited about the large number of devotees expected to come here for 'Shahi Snan' over the next one-and-a-half months.
12.01 / 15:37
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When will TikTok be banned in US and can users save their data? Here’s what you can do
With over 170 million American users, the app’s uncertain future has sparked widespread concern. As the Supreme Court weighs in on the matter, here’s a detailed guide on what the potential TikTok ban could mean for users and creators, and what they can do to navigate the situation.
12.01 / 15:37
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35 crore pilgrims expected to attend Maha Kumbh Mela: UP chief secretary
Manoj Kumar Singh has said that 35 crore pilgrims are expected to attend the Maha Kumbh Mela taking place in the vicinity of Sangam — the confluence of rivers Ganga, Yamuna and Saraswati. He also said that during the period of Mauni Amavasya, an estimated four-five crore devotees are expected to reach the holy city and participate in the festivities. Singh said that the state budget for the 45-day-long mega event is around Rs 7,000 crore, and added that «the last Kumbh was known for sanitation. This time it is sanitation, security and digital Kumbh. »2019 was Kumbh. This is Maha Kumbh, and in the last Kumbh, we received 24 crore pilgrims, and this time we are expecting more than 35 crore pilgrims. Arrangements are also being made like that.
12.01 / 15:37
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Senior advocate Iqbal Chagla passes away
Senior advocate Iqbal Chagla, one of India's leading lawyers, passed away on Sunday here, family sources said. He was 85. Iqbal Chagla, son of former Bombay High Court Chief Justice M C Chagla, was unwell for a few days. He was the father of the sitting judge of the Bombay HC Justice R I Chagla. As per the sources, his last rites will be performed on Monday at the Worli crematorium.
12.01 / 15:37
12.01 / 15:37
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EAM S Jaishankar to visit Spain on January 13-14
It will be his first visit to Spain as the external affairs minister. «During the visit, the external affairs minister will meet the leadership of Spain and hold discussions with his counterpart, Foreign Minister Manuel Albares, on the entire gamut of bilateral relations and regional and global matters of mutual interest,» the MEA said.
12.01 / 15:37
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Trudeau's counter-offer to Trump’s 51st state proposal: How about Vermont or California?
The comment, which Trudeau described during a recent MSNBC appearance on Thursday, was clearly meant to defuse the tension. However, Trump didn’t seem to find it humorous. In fact, according to Trudeau, the conversation quickly shifted to a more concerning topic: Trump's plan to impose steep tariffs on Canadian goods, a move that could escalate trade tensions between the two countries.
12.01 / 15:37
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14-year-old Ira Jadhav smashes 346, set record for highest U19 score by an Indian
Ira Jadhav became the first Indian to score a triple hundred in Under-19 cricket, when she made a 346 against Meghalaya in the U19 Women's One Day Trophy here on Sunday. Ira, a student of the Sharadashram Vidyamandir, the alma mater of Sachin Tendulkar, Vinod Kambli and Ajit Agarkar made her runs in 157 balls with 42 fours and 16 sixes. This is also the highest score in Youth List A matches by an Indian but the world record in the segment stands in the name of Lizelle Lee of South Africa, who made 427 in 2010 in a domestic match. Jadhav, who went unsold in the previous Women's Premier League auction, however has been named among the standbys for India's U19 T20 World Cup squad for the tournament to be held in Malaysia.
12.01 / 15:37
Assurant
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Top 10 most turbulent flight routes in the world: 3 of them are near India
Turbli.com, which analyzed over 10,000 routes connecting 550 of the world’s largest airports, here are some of the most turbulent flight routes in 2024.
12.01 / 14:55
Citizens
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Parliamentary panel reviews price spike of medicines
Subscribe to enjoy similar stories. New Delhi: The Parliamentary Standing Committee on Chemicals and Fertilizers reviewed the prices of essential medicines on 7 January in a meeting attended by officials from the Department of Pharmaceuticals (DoP). This move may lead to a lowering of prices of life-saving medicines.
12.01 / 14:55
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Department of hate: Why employees like to dislike HR
Subscribe to enjoy similar stories. Mumbai: In 2016, Amitabh K., a senior marketing executive working at a multinational technology company in Mumbai, raised what he thought was a pertinent question: “Where are the non-whites in the senior management team?" He brought up the issue with the company’s human resources (HR) department while discussing the possibility of a promotion. He noticed that while a substantial chunk of the company’s employees were from across the globe, there was little diversity at the top.
12.01 / 13:33
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A bond selloff is rocking the world. You might want to take the other side.
Subscribe to enjoy similar stories. Wall Street is really worried about bonds. It might be time to buy some.
12.01 / 13:33
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Govt to revamp revival framework for MSMEs
Subscribe to enjoy similar stories. New Delhi: The government is working on revamping the framework for revival and rehabilitation (FRR) of debt-ridden micro, small, and medium enterprises (MSMEs) in order to make it easier for small businesses to restructure the loans they have taken out, said two people in the know of the development. The framework would be known as FRR 2.0.
12.01 / 13:33
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Skechers went after the customers Nike didn’t. It paid off.
Subscribe to enjoy similar stories. The NBA’s 2023 most valuable player and last season’s top European goal scorer aren’t Nike or Adidas athletes. When playing, they wear what Martha Stewart wears: Skechers.
12.01 / 13:33
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The parents letting their kids talk to a mental-health chatbot
Subscribe to enjoy similar stories. We hope our kids will come to us when they are feeling anxious or depressed. What if they turn to a chatbot instead? Taylee Johnson, a 14-year-old near Nashville, Tenn., recently began talking to Troodi.
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