Massachusetts sues Kalshi alleging illegal sports gambling
[ad_1] The Kalshi logo arranged on a laptop in New York, US, on Monday, Feb. 10, 2025. Gabby Jones | Bloomberg | Getty Images Massachusetts filed a lawsuit in state court Friday against Kalshi, alleging the predictions platform offers sports gambling without a license under the guise of events contracts. “If Kalsi wants to be in the sports gaming business
Striking defense workers reject Boeing contract offer
[ad_1] The Boeing Company at Paris Air Show 2025 in Le Bourget Airport. Nicolas Economou | Nurphoto | Getty Images Striking Boeing defense workers in Missouri voted Friday against the company’s latest offer of a modified contract deal, according to the union representing the workers. More than 3,000 workers in the St. Louis area will remain on strike, the first
Doublespeak: On the Trump administration’s actions and India
[ad_1] Weeks after calling off the visit of trade negotiators to Delhi, the U.S. administration says it has invited Commerce Minister Piyush Goyal and the Indian trade team to Washington to resume talks for the India-U.S. FTA. The announcement came days after U.S. President Donald Trump and Prime Minister Narendra Modi signalled, through public comments and social media posts, a
Market watch: India’s equity valuations dip below long-term averages; but stay elevated versus peers
[ad_1] India’s equity valuations are trading marginally below their historical averages but continue to remain expensive compared with regional peers, raising concerns amid slowing earnings growth.The benchmark Nifty currently trades at a price-to-earnings (PE) ratio of 21.97 times, lower than its five- and 10-year averages of 24.4 and 24.8, respectively. In contrast, Hong Kong’s Hang Seng is at 11.7, South
‘Impose meaningful tariffs on China, India’ – US Treasury urges EU, G7; says purchases of Russian oil funding war machine
[ad_1] US President Donald Trump has levied an additional 25% duty on Indian imports to pressure India to stop buying Russian oil. (AI image) The United States Treasury has urged its G7 and European Union partners to levy “meaningful tariffs” on Chinese and Indian imports to counter their Russian oil acquisitions. The US Treasury has organized an urgent G7 conference
‘Coal gasification to be a game-changer, driving self-reliance, clean energy’
[ad_1] Coal will remain vital, and through gasification it would provide environmentally responsible energy to the country, said Rupinder Brar, Additional Secretary, Ministry of Coal. She was addressing a Roadshow on Coal Gasification – Surface and Underground Technologies organised by the Ministry of Coal in partnership with FICCI in Mumbai on Friday. “The Ministry is committed to building a robust
Pfizer, Moderna shares fall on Trump child Covid shot report
[ad_1] Vials with Pfizer-BioNTech and Moderna coronavirus disease (COVID-19) vaccine labels are seen in this illustration picture taken March 19, 2021. Dado Ruvic | Reuters Shares of Pfizer and Moderna fell on Friday after a report that Trump administration health officials plan to link Covid vaccines to the deaths of 25 children. The report from the Washington Post said officials
Maharashtra allots 100 acres to chip firm RRP Electronics
[ad_1] The Maharashtra government has allotted 100 acres land to semiconductor firm RRP Electronics. A Letter of Comfort has been issued to the company for relocating a semiconductor fab from a semiconductor company in Sherman, Texas. The company is planning to set up fab facility with a capacity of 1.25 lakh wafers per month. “This allotment of land firmly positions
Hyderabad, a hub for global investments: Deputy CM Mallu
[ad_1] Telangana Deputy Chief Minister Bhatti Vikramarka Mallu | Photo Credit: Subyendu Ganguly 10328@Hyderabad Hyderabad has transformed into a centre for global investments in sectors ranging from Information Technology (IT) to life sciences to advanced manufacturing, Telangana Deputy Chief Minister Bhatti Vikramarka Mallu said on Friday. He was speaking at the Chief Financial Officers (CFO) Leadership Awards function organised by the Confederation
Obesity pills from Eli Lilly, Novo Nordisk near US launch
[ad_1] Eli Lilly and Novo Nordisk are preparing to take their rivalry to the next frontier of weight-loss medications: pills. Both companies expect to launch oral obesity drugs in the U.S. next year, once regulators approve them. Daily pills could introduce more people to GLP-1s, the class of medicine that’s best known for weekly shots. But after Lilly’s pill produced
Sports must become a people’s movement, says Union Sports Minister Mansukh Mandaviya
[ad_1] President, Indian Olympic Association, P.T. Usha, being present a memento by L.V. Navaneeth, CEO, The Hindu Group, during the Sportstar KPMG Playcom Business of Sports Summit 2025, at Bharat Mandapam in New Delhi on Friday. Sports Minister, Mansukh Mandaviya, Chairperson of The Hindu Group, Nirmala Lakshman are also seen. | Photo Credit: SHIV KUMAR PUSHPAKAR Union Minister of Youth
India, EU target year-end free trade pact to boost partnership, innovation
[ad_1] India and the European Union are pushing to seal a comprehensive Free Trade Agreement (FTA) by the end of this year, with both sides stressing that the pact will be fair, balanced and growth-oriented. According to a PIB report, Union Commerce and Industry Minister Piyush Goyal told the annual session of the Automotive Component Manufacturers Association (ACMA) on Thursday
Vice President CP Radhakrishnan assumes charge as Rajya Sabha chairman
[ad_1] Vice President CP Radhakrishnan on Friday assumed charge as the Rajya Sabha chairman, as per a release by Rajya Sabha secretariat. Vice President CP Radhakrishnan was administered the oath of office today by the President of India, Droupadi Murmu, at a ceremony held at Rashtrapati Bhavan. Following the swearing-in ceremony, the Hon’ble Vice-President paid floral tribute at the memorials
Despite Calls for Boycott, Asia Cup’s India-Pakistan Match is a “100% Sellout” for Advertisers
[ad_1] Participating team captains during the unveiling of the Asia Cup 2025 trophy, in Dubai New Delhi Post-Operation Sindoor, the India-Pakistan match in the Asia Cup on Sunday has evoked more than its usual share of heightened debate. There are calls for a match boycott on the social media while lovers of the game are hoping for an exciting Sunday.
RH (RH) Q2 2025 earnings
[ad_1] Shares of RH fell slightly Friday after the luxury furniture retailer significantly missed revenue expectations in its second-quarter earnings report and slashed its full-year revenue outlook. The chain said Thursday that it will take another $30 million hit to its forecast because of tariffs, even though the retailer stood by its full-year forecast three months ago in its first-quarter
How multifamily offices are playing commercial real estate
[ad_1] A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. The family offices of high-net-worth investors are
Fintech firm Lendbuzz files for IPO
[ad_1] Traders work at the New York Stock Exchange on Aug. 29, 2025. NYSE Lendbuzz, an auto finance fintech company, filed an IPO prospectus Friday. The Boston-based company is targeting a valuation of around $1.5 billion, according to a person familiar with the matter, who asked not to be named discussing internal matters. That valuation may change as Lendbuzz and
Gold rate today: Prices hit fresh highs on Fed rate cut hopes; gold at Rs 1,13,800/10g, silver crosses Rs 1.32 lakh/kg
[ad_1] Gold rate today: Gold and silver prices surged to record levels on Friday, buoyed by strong global demand and rising expectations of an interest rate cut by the US Federal Reserve next week. In the national capital, 99.9% purity gold touched Rs 1,13,800 per 10 grams, while silver crossed Rs 1,32,000 per kilogram, according to the All India Sarafa
Supreme Court says firecracker ban must be nationwide, not limited to Delhi
[ad_1] The Supreme Court on Friday said a firecracker ban cannot be restricted to Delhi-NCR alone, stressing that people across the country are equally entitled to breathe clean air. The bench headed by Chief Justice of India BR Gavai made the observation during a hearing on a plea linked to firecracker restrictions. The matter has been listed for further hearing
PM Modi’s 3-Day Visit to 5 States: Projects worth Rs 71,850 crore set to be inaugurated from September 13–15
[ad_1] Prime Minister Narendra Modi is embarking on a three-day visit to five states, Mizoram, Manipur, Assam, West Bengal, and Bihar, from September 13 to 15, 2025. According to the official statement, the visit will focus on inaugurating and laying the foundation stones of multiple projects worth Rs 71,850 crore, aiming to strengthen development in these states. State-wise projects: Mizoram: PM
Restoration of statehood essential for tourism growth in Kashmir
[ad_1] The state’s tourism sector is struggling to recover after the Pahalgam attack The restoration of statehood for Jammu and Kashmir is essential for the beleaguered tourism sector of the State reeling under the fallout of Pahalgam terrorist attack to revive, says Tanvir Sadiq, Chief Spokesperson of Jammu and Kashmir National Conference and member of J&K legislative assembly. Speaking to
Coal Minister announces higher compensation and Rs 1 crore insurance for coal India workers
[ad_1] Union Coal and Mines Minister G Kishan Reddy on Friday announced a series of welfare measures for Coal India employees, including a sharp rise in compensation for mine accidents and new insurance cover. The minister was addressing a press conference in Ranchi, where he was joined by Coal India chairman and managing director PM Prasad. The announcements were
Retail inflation rises marginally to 2.07% in August: Government data
[ad_1] “An increase in headline inflation and food inflation during the month of August, 2025 is mainly attributed to an increase in inflation of vegetables, meat and fish, oil and fats, personal care and effects, and eggs,” the National Statistics Office said. Representational file image. | Photo Credit: Reuters Retail inflation in August rose slightly to 2.07% from 1.61% in
How uber-rich families invest in sports, from major leagues to clubs
[ad_1] SEATTLE, WA – SEPTEMBER 07: George Kittle #85 of the San Francisco 49ers celebrates with fans and teammates after scoring a touchdown against the Seattle Seahawks during the game at Lumen Field on September 07, 2025 in Seattle, Washington. (Photo by Robin Alam/Icon Sportswire via Getty Images) Icon Sportswire | Icon Sportswire | Getty Images A version of this
Centre backs Kerala’s RRTS; Khattar says state could be world’s longest linear city
[ad_1] Kerala Chief Minister Pinarayi Vijayan inaugurating Kerala Urban Conclave in Kochi. Union Minister for Housing and Urban Affairs Manohar Lal Khattar also seen. Union Minister for Housing and Urban Affairs, Manohar Lal Khattar, has assured that the Centre will extend full cooperation to Kerala for the implementation of the Regional Rapid Transit System (RRTS) once the State submits its