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Prediction markets scrutiny mounts from regulators and banks

The Commodity Futures Trading Commission is conducting an internal review into “mention markets” on prediction platforms, people familiar with the situation told CNBC Friday.  Mention markets are made up of contracts where traders speculate on whether specific words will be used in a speech, a corporate earnings call with analysts and investors or a television...
semiconductor

Can it become the world’s next semiconductor hub?

India has taken definitive steps to establish itself as a credible player in the global semiconductor ecosystem. With an outlay of over Rs 1.27 lakh crore India has launched the second phase of its ambitious semiconductor programme. Globally, a semiconductor supercycle is underway. If artificial intelligence is reshaping businesses world over, semiconductors are the building...
coriander

Your humble dhaniya is no longer free! Coriander prices rise above Rs 200 kg as heavy rains disrupt supply

Coriander harvested around Nashik is usually sent first to cold-storage facilities in Indore before being transported to Delhi. Dhaniya (coriander) and hari mirch (green chilli) have always been seen as the ‘freebies’ that the vendor gives when you buy vegetables. But the once-ordinary bunch of dhaniya patti has transformed from a complimentary add-on to a...
tata sons chairman n chandrasekaran

Regulatory ban puts Tata Sons AGM at risk

Chandrasekaran announced his decision to step down as Tata Sons Chairman on August 12 MUMBAI: The Sir Dorabji Tata Trust decided at its Thursday board meeting that it cannot jointly nominate a representative with Sir Ratan Tata Trust (SRTT) for Tata Sons’ Aug 18 annual general meeting because of the regulatory ban on SRTT –...
irdai should fast track risk based capital framework gst on insurance needs rationalisation parliamentary panel

Commission caps may hit low-value life covers

If commissions drop to the extent that distribution is not viable, industry officials say that sale of credit protection covers may drop. MUMBAI: The insurance regulator Irdai is considering an effort-based commission framework linking distributor payouts to selling and servicing effort, but life insurers fear lower commissions for group and embedded products could shrink coverage...
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