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Rising technology stocks sent the Nasdaq composite to a record, but trading was mixed along the rest of Wall Street

quick-commerce frenzy, fashion products for dogs and cats are carving a spot in people’s festive season shopping budgets. Sales of pet fashion products have doubled this festive season compared to business as usual, with quick-commerce and ecommerce platforms pushing more pet parents to explore festive-themed offerings for their beloved animals, industry executives said. On Sunday, Blinkit chief executive Albinder Dhindsa introduced a series of festival-focused pet products, including kurtas and lehengas, under the name ‘Diwali with Pets’.

tech giant reduced the device's size to just 5 inches across and added the faster M4 chips in it, reported the news agency Bloomberg on Tuesday, October 29.The new Mac mini models are less than half the size of the previous Mac mini design. The previous Mac mini design was introduced by then-Chief Executive Officer (CEO) Steve Jobs, making them closer to the dimensions of an Apple TV set-top box. Beyond the new chassis, which is 2 inches tall, the computers will run M4 and M4 Pro processors, part of a wave of Mac upgrades that feature that chip generation, as per the report.

ByteDance founder Zhang Yiming tops the list of China’s richest people, according to the Hurun Research Institute, although many of them have seen their net worth plunge over the past year

Nitin Sawant, founder of NS Wealth, a Sebi-registered investment advisory firm, secured final approval from the Reserve Bank of India (RBI) on 28 October to launch an account aggregator (AA) platform under his new venture, OMS Fintech Account Aggregator.

Blinkit on Tuesday saw a surge in sales of gold and silver coins along with other items associated with Dhanteras celebrations. Similar to last year, other platforms such as Swiggy Instamart and Zepto are also offering gold and silver coins, as well as puja essentials. Dhanteras, or Dhanatrayodashi, marks the first day of the Diwali festival across several parts of India. It is considered auspicious to buy items made of gold, silver or brass on this day, as such purchases are believed to bring prosperity and success. This year, Dhanteras is being celebrated on October 29. “Dhanteras special: get authentic gold & silver coins delivered in 10 minutes from Blinkit,” chief executive Albinder Dhindsa wrote in a post on microblogging platform X.

In a trading statement published today (29 October), the UK's largest DIY investment platform reported assets under administration of £157.3bn as of 30 September, up from £155.3bn at the start of the quarter.   The increase was fuelled by £1.5bn in positive market movements and £500m in net new business, a slowdown from £600m in the same period last year and £1.6bn in the previous quarter. Net inflows into the firm's Active Savings business rose to £800m. However, the platform recorded £300m in net outflows, a shift from £100m in the same period last year and £900m in net inflows over...

Quick commerce platforms are seeing a surge in Diwali gift orders as they seek to increase their market share during the festive season. Zomato-owned Blinkit, Swiggy Instamart and General Catalyst-backed Zepto have rolled out features like equated monthly instalments (EMI), postpaid options, 10-minute returns for clothing and footwear, and expanded their inventory with popular festival-related products. The ultra-fast delivery model aided by discounts has been the key driver for these platforms, with a shift toward quick commerce in the last week of festive sales, according to ecommerce consultancy Datum Intelligence. These platforms have created a separate Diwali section on their apps, featuring categories such as puja essentials, Dhanteras items, gifting, home decor, party supplies, fashion, electronics, sweets, and dry fruits.

illegal payment gateways created by transnational gangs of cybercriminals using mule bank accounts and are being used for facilitating money laundering, officials said on Monday. The gateways are created by transnational cybercriminals who provide money laundering services using accounts of shell companies and individuals, exploiting the bulk payout facility provided by banks, it said. Police in Gujarat and Andhra Pradesh recently conducted nationwide raids which showed that cybercriminals have set up illegal digital payment gateways using rented bank accounts for laundering the proceeds of different crimes. «Some of the payment gateways identified during the operation are PeacePay, RTX Pay, PoccoPay, RPPay etc. These gateways are learnt to be providing money laundering as a service and are operated by foreign nationals,» a government statement said.

In the last year, job scams have been on the rise, according to the Identity Theft Resource Center, a nonprofit that helps consumers with identity compromises and crime

Ecommerce software firm Unicommerce Esolutions, which went public in August, saw its net profit increase by 21% to Rs 4.4 crore for the quarter ended September 2024. The company reported operating revenue of Rs 29 crore for the quarter, from Rs 26 crore a year ago. Its total income stood at Rs 30 crore. The company’s total expenses rose to Rs 24 crore in the September quarter from Rs 22 crore in the same period last year. A significant amount of the expenditure was attributed to employee benefits which amounted to Rs 16 crore and other expenses at Rs 6 crore.

Real-world assets are physical and tangible items. This includes real estate, commodities, art, intellectual property, and even more specialised assets such as rare collectibles. Historically, these assets have been hard to trade on short notice because of complexities pertaining to transfer of ownership, high transfer costs, and liquidity problems. But with the rise of blockchain technology, there has been a game-changing innovation of tokenisation that makes fractional ownership, rapid transactions, and greater transparency possible. In simpler terms, tokenising RWAs means embedding the value of traditional assets into a digital token that is secured on the blockchain and is much simpler to trade as well as transfer. This digitisation creates significant value by providing these assets to a broad base of investors, breaking down the barriers that have traditionally limited their liquidity and trading volume. Rexas Finance (RXS): Unlocking the fut

Donald Trump has the backing of world's richest person- Elon Musk. Musk has gone all in for Trump. His pro-Trump America PAC has already spent $118 million and has the budget to spend tens of millions more, almost all of that coming from Musk himself. Republican nominee Trump has described Musk an «once-in-a-generation industry leader, and our broken federal bureaucracy could certainly benefit from his ideas and efficiency», according to Newsweek. But this mutual respect and admiration between Elon Musk and Donald Trump has not always prevailed. Once a supporter of Democratic candidates such as Barack Obama and Hilary Clinton, how did Elon Musk begin championing conservative causes? ALSO READ: Donald Trump winning US elections? Famed polling guru Nate Silver's 'gut' prediction

Aaj Ki Raat’, Tamannah Bhatia’s sizzling dance number from the blockbuster ‘Stree 2’ was one of the highlights of the Shraddha Kapoor-starrer. The chartbuster, which gained over 500 million views on YouTube, has now been re-released on the platform. The full version of Aaj Ki Raat was released on October 24 on a popular video-sharing platform, quickly sparking excitement among fans who had eagerly awaited the uncut version. Tamannaah, featured in a dance number in Stree 2, also has an extended cameo as her character Shama connects to the storyline. Fans shared enthusiastic reactions to the full version, with one commenting, “I’ve waited for this extended version, especially the opening lines, since watching it in theaters! What a hit.” Another fan praised, “Madhubanti’s voice is exceptional; the song is captivating, even without the video, and Tamannaah is phenomenal.” One user shared, “500M views in just 2 months—definitely a record-breaker!” Another praised the music video, saying, “Absolutely magical! Tamannaah and Rajkummar bring incredible energy to ‘Aaj Ki Raat.’ The music, the vibe—I’m hooked!” A fan also commented, “I was eagerly counting the seconds for this extended version with more details. The talent and the grand visuals have gone beyond all my expectations!”

Subscribe to enjoy similar stories. The Open Network for Digital Commerce (ONDC), the government’s initiative to give customers a wider choice in the e-commerce space, is gearing up to roll out a new initiative to deliver groceries and other items within 30 minutes to two hours as quick commerce grows in popularity in the country.

agri-tech platform that creates a digital marketplace to connect buyers and sellers of farm products. It supports them with tools for order management, lead generation, logistics, distribution and route optimisation. In an interview with ET Digital, Yashasvini Kumar, COO, Innoterra, says that the company ensures farmers have access to essential resources such as information, insights, infrastructure, markets and capital. Kumar also says that Innotera aims to build India’s first digital B2B marketplace and fulfilment solution based on orchestration and agile trading. Edited excerpts: The Economic Times (ET): How is India’s agriculture sector placed? Yashasvini Kumar (YK): India’s agriculture sector is poised between contradictions — simultaneously massive in scale and opportunity yet lagging behind in infrastructure and investment. There are exciting consumer trends coming into play, including superfoods, nutraceuticals and a focus on regenerative agriculture, but balanced out by concerning trends in climate change and water reserves. The sector is ready for growth, investment and talent.

Kunal Kamra took to X (formerly Twitter) to express his frustration over the poor condition of Ola Electric scooters and urged Union Minister Nitin Gadkari to intervene. In his post, Kamra highlighted the plight of Indian customers, criticising the lack of accountability from Ola. He emphasised how customers are struggling to commute and are being forced to take bad loans due to issues that, according to him, are the company’s responsibility. His post was triggered by a complaint from Rangraj Nagar in Solapur, where several Ola scooters were reportedly found in poor condition. The user expressed outrage over the absence of qualified engineers or technicians at the site, stating that such negligence is unacceptable given that customers have invested their hard-earned money into these products. Tagging prominent figures including Ola Electric’s CEO Bhavish Aggarwal, Prime Minister Narendra Modi, and Minister Gadkari, Kamra's post urged government agencies to intervene and address the grievances.

Subscribe to enjoy similar stories. India's top tech services companies are riding the AI wave with chip giant Nvidia, betting on mutually beneficial partnerships like the ones they have with software giants SAP AG and Oracle Corp.

Bandra station, Leader of Opposition Rahul Gandhi said the country needs international-class infrastructure that also takes into account the local needs of the poor – that makes business easier, travel easier and keeps people safe. «The recent stampede at Mumbai's Bandra Terminus station is the latest example of India's crumbling infrastructure. The Balasore train accident in June last year claimed the lives of 300 people, but instead of compensating the victims, the BJP government has entangled them in a long legal battle,» said Rahul Gandhi in a post on X. Read More:Nine persons injured in stampede at Bandra railway station in Mumbai

Joe Biden told a Wisconsin crowd about his latest «life-changing» plan for student loan cancellation, promising financial relief for more than 30 million Americans. But Kamala Harris has steered clear of the issue at her political events since replacing Biden as the Democratic nominee for president. The vice president's platform mentions it just twice, and with no specific plan. As she courts moderate voters, Harris has focused on policies targeting Americans without a college degree. «For far too long, our nation has encouraged only one path to success: a four-year college degree,» Harris said in September in Wilkes-Barre, Pennsylvania. «Our nation needs to recognize the value of other paths.»