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Brazil’s main stock exchange B3 will begin offering six new derivatives contracts on April 27 that allow investors to bet on the likelihood of future events, ranging from the price of bitcoin to movements in the dollar and Ibovespa index. The instruments, called Event Contracts, operate on a framework similar to prediction markets like Kalshi…
IndiGo’s dominance of India’s domestic aviation market weakened in November after operational disruptions earlier in the month, with the carrier’s market share sliding to 63.6 per cent, according to official data released by the Directorate General of Civil Aviation (DGCA), PTI reported. Despite remaining the country’s largest domestic airline, IndiGo’s share declined from 65.6 per…
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Check out the companies making the biggest moves in midday trading: Quantum stocks — Shares of quantum computing companies soared following a Wall Street Journal report that the government plans to award $2 billion in grants to nine firms. The deal also included government equity stakes, the report said. Rigetti Computing jumped more than 30%,…
The Union Cabinet on Wednesday approved the Export Promotion Mission (EPM) to establish a structure for enhancing India’s export capabilities. (AI image) The Modi government’s move to approve an Export Promotion Mission aimed at countering the impact of the global trade situation may be laced with implementation challenges, says Ajay Srivastava, founder of Global Trade…
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