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Ethereum co-founder Vitalik Buterin said he is starting to “worry” about the direction of prediction markets and suggested that they shift to become marketplaces to hedge against price exposure risk for consumers. Prediction markets are “over-converging” to “unhealthy” products that are focused on short-term price betting and speculative behavior as opposed to long-term building, Buterin…
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MUMBAI: Gross monthly inflows through systematic investment plans (SIPs) in mutual funds reached a new record high at Rs 31,002 crore in Dec, highlighting the growing importance of discipline in investing among retail investors in India.The month-on-month change in SIP flows was a substantial 5% jump in Dec, from Rs 29,529 crore in Nov, Amfi…
NEW DELHI: PM Narendra Modi Wednesday emphasised the need to continue working with renewed vigour in order to strengthen development trajectory in ethnic strife-hit Manipur, conveying to the state administration the Centre’s “full and steadfast” support.On the statehood day of Manipur, Tripura and Meghalaya, he wrote separate letters to their respective heads of govt, highlighting…
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The European Union’s recently-adopted Markets in Crypto Assets (MiCA) regulations is beginning to reshape the region’s digital-asset industry, creating new opportunities and barriers for firms seeking to operate across the bloc, a Swiss-based crypto wealth platform said. Swissborg, which boasts one million registered users and $1.3 billion in assets under management (AUM), is among the…
Lalit Modi (L) on Dec 16 hosted a birthday bash at his London residence at Belgrave Square for his friend Vijay Mallya NEW DELHI: India is committed to bring back all fugitives who are wanted here to face prosecution, ministry of external affairs (MEA) spokesperson Randhir Jaiswal said Friday at a media briefing.He was replying…
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NEW DELHI: A National Joint Outbreak Response Team was rushed to West Bengal after two suspected cases of Nipah virus disease were identified on Sunday at the Virus Research and Diagnostic Laboratory (VRDL) of the Indian Council of Medical Research at All India Institute of Medical Sciences Kalyani. Given Nipah’s high fatality rate and potential…
