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cryptocurrency markets were trading higher in Wednesday's trade. Bitcoin (BTC) rose 5.5% to $27,450, whereas Ethereum (ETH) was above the 1,700 level. Meanwhile, the global cryptocurrency market cap was trading higher, around $1.09 trillion, rising 4.22% in the last 24 hours. «Bitcoin neared two-week highs as news hit that digital asset manager Grayscale had won a lawsuit against United States regulators. The markets reacted instantly, gaining $1,700 in around 30 minutes,» said CoinDCX Research Team. «A ruling by the United States Court stated that the U.S. The Securities and Exchange Commission (SEC) was wrong to reject an application by Grayscale to launch an exchange-traded fund (ETF) using the Bitcoin spot price as its basis,» CoinDCX Research Team added.

Disney Star, the official broadcaster of Asia Cup for both TV and digital platforms, has onboarded 18 sponsors for the marquee cricket tournament that starts today. The sponsors include renowned brands such as Charged by Thums Up, Nerolac Paint+, Glow & Lovely from HUL, Surf Excel, Jindal Panther, BPCL, My11Circle, Samsung Galaxy Z Flip5, Amul, Maruti, Berger, McEnroe, Thums Up, Amazon Pay, MRF, Policy Bazaar, Tira from Reliance Retail and ICICI PRU MF, the company said in a release. «Brands across categories are equally excited and have come forward to collaborate with Star Sports Network and Disney+ Hotstar to further their business objectives and get closer to millions of fans,» said Ajit Varghese, Head of Network — Ad Sales, Disney Star. «We are thrilled with the positive response received for the Asia Cup,» he added. According to sources aware of the development, Disney Star has so far onboarded more than 85 advertisers across TV and the digital platform for Asia Cup. The participating categories for Star Sports include beverages, handsets, 4-wheelers, 2-wheelers and auto ancillaries, BFSI, fantasy gaming, steel, paints, FMCG and personal care, e-commerce, and retail. Disney+ Hotstar categories include auto, BFSI, CPG, gaming, tech.

Queensland neighborhood in Australia were taken aback when they witnessed a sizable python slithering across the roof of a house. The awe-inspiring snake, measuring approximately five meters in length and weighing around 15 kilograms, was a spectacle that drew a gathering of onlookers outside the house.

Disney Star, the official broadcaster of Asia Cup and ICC Cricket World both on TV and digital platforms, has bagged about Rs 200 crore sponsorship from Hindustan Unilever alone, according to media buying agency sources. The FMCG giant Hindustan Unilever has come on board as a sponsor for both TV and digital coverage of Asia Cup and World Cup for close to Rs 200 crore, a source, who didn't wish to be identified, told ET Online. Disney Star, which operates Star Sports channels and Disney+ Hotstar OTT, will be broadcasting both the Asia Cup and the 50-overs ICC World Cup mega tournaments. «Due to the festive period timing, both properties have garnered significant interest,» another source said. «Advertisers have the option of selecting from a wide range of packages across linear and digital that align with their business goals. With Asia Cup and World Cup events being held back-to-back, we believe Disney Star will be able to sell their inventory effectively.» Disney Star declined to comment on the development.

alliance have announced their strategy meetings on August 31 and September 1 in Mumbai. In July this year, both political alliances also held their meetings focused on the 2024 general elections on the same day in Bengaluru. 1) During the meeting, the INDIA alliance in Mumbai will unveil its logo.

Oil companies are paying influencers to promote fossil fuels among the youth. A report by news agency AFP noted that young celebrities who are best known for posting content about video games, dogs, and holidays are unexpectedly making plugs for gas stations, fuel rewards and club cards.

Eureka AI has partnered with Google Cloud to enable Operators globally to deploy Eureka’s AI Platform and suite of Analytics products to improve revenues and profitability. Telecom analytics is the telecom specific set of data intelligence processes employing which communication service providers (CSPs) collect, process and analyse large data volumes. This partnership of the telecom analytics as-a-service platform with Google Cloud allows Operators to offer their B2B enterprise partners Eureka AI’s highly scalable and privacy secure suite of products that help them to grow their digital business and financial inclusion. These products include:

Lingaraj Temple, dating back to the 11th century, has become the center of unrest since Monday evening. As per a TOI report, a clash between two factions of priests over a crucial annual ritual, the offering of sacred threads known as 'paitalagi,' has led to a regrettable suspension of all services.

TikTok, and X (formerly Twitter). Meta said that the ‘Spamouflage’ network first started posting on larger platforms like Facebook, YouTube and X but recent acitivity shows that it has expanded its footprint to include smaller platforms like Medium, Reddit, Quora and Vimeo.

Chinese firms and commercial banks are working on new digital yuan supply chain financing solutions, with a new CBDC smart contract solution set to launch.

Till Payments is in trouble, the latest in a string of local payment companies teetering on the brink. Its board, however, is confident that existing shareholders will step up to keep Till afloat as its fast-growing revenues turn into profit. Without additional funding, it has little chance.

mutual funds.What documents do I need to start a mutual fund investment?To make your first investment in a mutual fund, you need to be KYC (Know Your Customer) compliant. To do this physically, an investor can fill out a form, attach a photograph, copies of the PAN card and a valid address proof such as Aadhaar, passport, voter identity card or driving licence. This can be submitted along with the first investment form to a registrar or a mutual fund office. To do it digitally one can use some mutual fund websites or distributor platforms which allow Aadhaa-rbased eKYC.What should be the first MF scheme that I should consider?First-time investors should choose a fund scheme keeping their goals, risk-taking ability and time horizon in mind. Typically financial planners feel if they have a time horizon of more than five years, they could opt for equity-oriented funds. However, if they have a time frame of 1-5 years they could use debt or hybrid funds, while for a time frame of less than a year, they can use arbitrage funds or ultrashort-term funds. Ideally, they could opt for a diversified equity mutual fund scheme which could be either a large-cap-oriented or flexicap fund. Conservative investors could also use an aggressive hybrid fund that allocates 65-75% to equity and the rest to fixed income. They could consider staggering their investment by using a systematic investment plan (SIP) as a tool to invest, as this evens out volatility and sharp market movements.

Zomato jumped 5% to day's high of Rs 99.60 on a likely block deal in the pre-opening trade on Wednesday which saw 1.16% stake changing hands. ETNow reported at least six block deals involving 10 crore shares getting transacted. Japanese technology investor SoftBank Vision Fund is expected to have offloaded its shares in the food and grocery delivery company.

Reliance Industries in its annual general meeting on Monday. Some brokerage houses critiqued the absence of a roadmap for listing of Reliance Jio and Reliance Retail entities.

International Cricket Council (ICC) and the Board of Control for Cricket in India (BCCI) collaborated with Mastercard, reserving a portion of the ODI World Cup tickets for India matches to be accessible to Mastercard holders starting August 29. However, the designated ticketing partner, BookMyShow, encountered a few hurdles, prompting a wave of disappointment among fans who eagerly anticipated snagging their seats via the platform. “What a scam!! Such a pathetic ticket booking system for ICC Cricket World Cup.

Russia has informed Brazil's aircraft investigation authority that it will not probe the crash of the Brazilian-made Embraer jet that killed mercenary boss Yevgeny Prigozhin under international rules «at the moment», the Brazilian agency told Reuters on Tuesday. Prigozhin, two top lieutenants of his Wagner Group and four bodyguards were among 10 people who died when the Embraer Legacy 600 crashed north of Moscow last week. He died two months to the day after staging a brief mutiny against the Russian defense establishment that posed the biggest challenge to President Vladimir Putin's rule since he rose to power in 1999. Brazil's Center for Research and Prevention of Aeronautical Accidents (CENIPA), in the interests of improving aviation safety, had said it would join a Russian-led investigation if it were invited and the probe held under international rules. Russia's aviation authority was not obligated to say yes to CENIPA, but some former investigators said it should, as the U.S. and other Western governments suspect the Kremlin of being behind the Aug.

ZomatoAfter Tiger Global, Softbank will likely sell a partial stake in food delivery platform Zomato through block deals on Wednesday.Central Bank Of IndiaCentral Bank of India has entered into a strategic co-lending partnership with IKF Home Finance Ltd to offer MSME and home loans at competitive rates.Read more: What changed the market while you were sleepingMPS LtdMPS Interactive Systems, a wholly owned subsidiary of MPS Ltd, will acquire 65% each of Liberate Learning Pty Ltd (Australia), Liberate eLearning Pty Ltd (Australia), App-eLearn Pty Ltd (Australia), and Liberate Learning Limited (New Zealand).ONGCONGC plans to invest Rs 2 trillion ($24.17 billion) on clean energy projects in order to meet its 2038 net-zero carbon emissions goal.Anupam RasayanChemical maker Anupam Rasayan close to acquiring Austria’s ESIM Chemicals, ET Now reported.

trades has dropped sharply over the past two months, reflecting the sudden tightening in broader market liquidity that appears to have sapped investor interest in the most liquid of government debt instruments. Until the week ended August 25, T-bill trades worth ₹1.1 lakh crore were carried out, with the average trades at ₹6,820.5 crore, Clearing Corporation of India Limited data show. The trades in July, which were 40% lower than those in August, were at ₹1.5 lakh crore with the average at ₹7,256.3 crore, the data showed. The CCIL data includes over-the-counter trades, brokered deals and those struck in the Reserve Bank of India's Negotiated Dealing System Order-Matching trade platform. «In terms of numbers of trades where the single ticket is more than ₹1,000 crore, in May, there were 162 trades where the single ticket was more than ₹1,000 crore.

Goldman Sachs is likely to convert a part of the debt it advanced to PharmEasy into equity, following the upcoming rights issue of about $424 million (Rs 3,500 crore) by the online pharmacy that is due to open on September 4, sources aware of the matter said. Goldman, which had issued a $300-million loan to PharmEasy, is in talks to convert around $38-40 million debt into equity. The rights issue is likely to value the e-pharmacy at $500-600 million. This is significantly lower than its peak valuation of $5.6 billion in 2021.

RBI) wants peer-to-peer (P2P) lending startups to work towards diversifying their partnerships to ensure there is no overlap of lenders and borrowers from the same partner which might eventually lead to asset-liability mismatch. Three people in the know told ET that while the banking regulator has not spelt out any statement on the fledgling sector explicitly, back channel conversations between companies and the regulator have made many startups course correct.

ChatGPT, for example, have the ability to exponentially increase productionof the kind of middling and low-quality “clickbait" content that constitutes “made-for-advertising" websites. Such properties are designed to lure automated buying systems into placing ads there even though human brand managers would rarely make the same choice. The solution to such challenges, perhaps counterintuitively, could be more AI.