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index, further brightening the prospects of the stock. The $25.7 trillion index that houses the largest non-financial companies will now gain indirect exposure to bitcoin via MicroStrategy, which holds $44 billion worth of the digital currency on its balance sheet, about 2% of the total supply of the world's largest cryptocurrency.

In the past few months United Nations-sponsored negotiations to tackle climate change, plastic pollution, loss of global species and a growing number of deserts have either outright failed or come out with limited outcomes that didn't address the scale of the problems. It's been three years since activist Greta Thunberg dismissed global talks as «blah-blah-blah,» which became a rallying cry for young environmentalists. «If you are not feeling some kind of grief about what's going on, you're obviously not understanding what's going on,» said climate negotiations veteran analyst Alden Meyer of the European think-tank E3G. He said he's been watching humanity «collectively fail as a species.»

The eagerly awaited Bharat Mobility Global Expo, set to take place from January 17 at Bharat Mandapam in Pragati Maidan, Delhi, is shaping up to be a major event for electric vehicle (EV) enthusiasts, reported HT Auto. With 34 manufacturers confirmed to participate, the event promises to showcase some of the greatest electric cars, with many manufacturers unveiling new models. Among the key highlights will be Maruti Suzuki’s first-ever electric car and the debut of VinFast, a new entrant from Vietnam.

Subscribe to enjoy similar stories. Bengaluru: When Pune-based Persistent Systems crossed the $1 billion revenue mark in FY23, a tech services leader asked founder Anand Deshpande how the company, which was formed in 1990, had finally gone past the landmark figure. An industry veteran recounted to Mint that Deshpande smiled when the question was posed, then responded saying, “Credit goes to our team." That team, under chief executive officer (CEO) Sandeep Kalra, who had joined Persistent in May 2019, put the technology services and solutions company on the path to rapid growth, increasing revenue from $501 million in 2020 to $1.18 billion in FY24.

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Donald Trump suggested he plans to create a U.S. bitcoin strategic reserve similar to its strategic oil reserve, stoking the enthusiasm of crypto bulls. Bitcoin, the world's biggest and best known cryptocurrency, hit a high of $106,533 and last traded up 3.1% at $104,493 at 0857 GMT. Smaller crypto ether rose 1.2% to $3,952.

Economists surveyed last week by the Financial Times edged up their forecasts for the federal funds rate next year compared to a previous survey in September.  According to the poll, most respondents said in September they expected the rate would fall to 3%-3.5% by the end of 2025. However, last week's survey revealed that the vast majority now estimate it will settle at 3.5% or above at this time next year.  The majority (65%) of those surveyed indicated the funds rate range is forecast to be at 3.5%-4% at the end of next year, up from the just over 20% of respondents who agreed w...

Subscribe to enjoy similar stories. Hollywood has been defying box-office gravity this holiday season, thanks in large part to “Wicked," the movie version of the long-running Broadway musical. The film grossed more than $450 million worldwide in its first three weeks of release.

Subscribe to enjoy similar stories. Apple is preparing a series of major design and format changes to its lineup of iPhones and potentially other products, a bid to revive growth after years of offering largely incremental upgrades. Starting next year, Apple plans to introduce an iPhone that will be thinner than the approximately 8-millimeter profile of current models, said people familiar with the company’s plans.

Subscribe to enjoy similar stories. Shoppers often hit Google to search things like “top vacuums" or “best dishwashers," expecting fair, independent assessments of top models. Instead, they might land on marketing pages disguised as expert rankings.

Subscribe to enjoy similar stories. Days after the arrest of Luigi Mangione in connection with the assassination of a health-insurance executive, “wanted" posters appeared in New York City targeting healthcare and Wall Street heads. Alongside them popped up posters portraying Mangione as a saint, with the words “Free Luigi." The fatal shooting of UnitedHealthcare’s chief executive officer initially unleashed outrage over denied medical claims and an airing of agonizing personal experiences with insurance companies.

Elephants are admired for their remarkable strength and intelligence, with few wild animals daring to challenge these colossal creatures. Despite being the largest and most powerful land animals, elephants are known for their calm demeanour. However, animal behavior can be unpredictable, and they may become aggressive if they feel threatened. Recently, a video of a gentle elephant has gone viral, touching the hearts of online viewers. In the footage, a man is standing on the road, unaware of the approaching elephant from behind. The massive animal slowly closes in, but when the man doesn’t move, it takes a different approach. The elephant uses its feet to stir up dust. When the man turns around, he is startled to find the enormous elephant right behind him. Shocked, he quickly runs to the side of the road for safety. Though clearly frightened by the close encounter, the man is not attacked. Instead, the elephant patiently waits for him to move out of the way. Afterward, it continues on its path casually, as if nothing occurred.

GAIL (India) Ltd. traded 0.6 per cent up at Rs 203.80 at around 02:04PM (IST) on Monday. The stock had closed at Rs 205.05 in the previous session. Equity benchmark Sensex traded 334.99 points at 81798.13 around the same time.

Subscribe to enjoy similar stories. Coforge Ltd stock has delivered mouth-watering returns to its investors in a matter of months. On Monday, the tier-2 IT services stock hit a new 52-week high of ₹9,354.

Subscribe to enjoy similar stories. Apple production supports about 900,000 households in India. Most are apple growers in Kashmir, Himachal Pradesh and Uttarakhand with modest incomes.

Set to take up her new role in spring next year, Tyler will join from Lombard Odier Investment Managers, leaving her role as head of UK wholesale.  Until she joins, John Morrison will remain as Jupiter's interim head of UK, before returning to his role of deputy head of UK upon her arrival.  Investors pull £1.6bn from Jupiter's value desk in three months as Whitmore exit nears Prior to her three-and-a-half years at Lombard Odier, Tyler was head of UK wholesale at Mirabaud Asset Management, before which she spent over six years at Federated Hermes as director of UK sales.  She wa...

The study, which gathered data from over 420 alternative fund managers and institutional investors across North America, Europe and Asia-Pacific, found that 50% of respondents plan to step up their exposure to infrastructure over the next three years, while only 8% have shared their intention to cut down their allocations in the field. «Looking ahead, there is a real growth story around investments into real assets and infrastructure,» said Jessica Bloom, partner at EY.  She added that the fact that 50% of investors surveyed plan to increase their allocation to the two sectors «sugges...

«So, let us see, that depends on the commentary of the Fed but so far the data build up has been positive. So, probability is that if the data remains stagnant or it remains like this only, then there is a good probability that we will hit the upper range. So, so far the setup is neutral to bullish,» says Aditya Arora, Adlytick. What is your bet? Are we likely to hit 25,000 over the next 10 to 15 days or not? Aditya Arora: Look, market is actually waiting for a big trigger and that trigger lies in Fed's meeting which is lined up in this week. So, before that I do not think market will show very big movement, but in fact would consolidate in a tight range.

LG Electronics Inc. is considering increasing the valuation of its Indian unit to as much as $15 billion in a planned listing in Mumbai next year after initial feedback from analysts and investors, according people familiar with the matter. The South Korean company is planning to start a formal roadshow for LG Electronics India Pvt.’s IPO within the next two months and is targeting a listing in the first half of 2025, the people said, asking not to be identified because the information is private. The company had earlier eyed a valuation of around $13 billion, Bloomberg News reported in September.

Sanathan Textiles will open for subscription on December 19, and will close on December 23. The price band has been fixed between Rs 305 to Rs 321 per equity share of face value Rs 10 each for its maiden initial public offer. The IPO is a mix of fresh issue of up to Rs 4,000 million and an offer of sale of up to Rs 1,500 million. Investors can bid for a minimum of 46 equity shares and in multiples of 46 equity shares thereafter.

EV charging demand and to achieve the mission of over 30 per cent electrification, as per a report by industry body FICCI. According to the 'FICCI EV Public Charging Infrastructure Roadmap 2030' put out on Monday, to achieve profitability and scalability, India needs to aim for higher utilization of charging stations. The report further suggests that the top 40 cities could be prioritized for scaling up public charging infrastructure. The report argued that those top cities are expected to have higher EV penetration in the next 3-5 years given the current EV adoption rate, and favourable state policies.