BETTING

Buy on dips if you believe in long-term India growth, 3 investment themes to bet on: Mihir Vora

Mihir Vora from Trust Mutual Fund advises investors to capitalize on market dips, emphasizing long-term conviction in India's growth. He highlights favorable financial conditions driven by lower inflation, EMIs, and interest rates. Vora identifies financialization of savings, physical asset creation, and digitization as key investment themes for sustained growth over the next 5 to 10 years.

Trump vs Musk: Bettors place the odds as Trump and “Ego Elon” Musk’s feud turns into a high-stakes public spectacle

The escalating feud between Donald Trump and Elon Musk has captivated global attention, extending from social media spats to betting markets wagering on various outcomes, including a potential physical fight. The dispute originated from Musk's criticism of Trump's legislative package and the removal of electric vehicle tax credits, leading to public rebukes and financial repercussions for Tesla.

Fund Manager Talk | Pharma, traditional retail 2 contra bets for ICICI Prudential MF’s Mittul Kalawadia

ICICI Prudential's Equity and Debt Fund employs a contrarian strategy, favoring sectors like pharma and traditional retail amidst market volatility. The fund dynamically manages equity-debt allocation, rotating across market caps and focusing on overlooked opportunities with strong fundamentals. Currently, the fund maintains a higher equity allocation, around 70-73%, guided by internal models and market conditions.

Singapore casts tax shadow on India bets, shuns shell companies

Singapore is increasing its scrutiny of companies' economic substance, potentially leading to tax disputes for MNCs and funds investing in India. Recent rulings by the IRAS define 'economic substance,' impacting treaty benefits. Indian tax authorities may levy higher taxes if Singaporean entities lack adequate substance, affecting stock sales, dividends, and loan interest.

UEFA Nations League Final: Portugal vs Spain — Where to watch, predictions, and lineups

Spain and Portugal secured their places in the final with thrilling semifinal victories. Under the guidance of Roberto Martinez, Portugal shocked host nation Germany with a dramatic comeback, powered by goals from Francisco Conceição and Cristiano Ronaldo to clinch a 2-1 triumph.

UFC 316: Preview, betting odds and predictions; Merab and Patchy Mix, top picks

UFC 316 is brimming with anticipation as Sean O'Malley seeks to overcome Merab Dvalishvili's relentless pressure in their rematch. Kayla Harrison aims to make an immediate impact against Julianna Peña, while other intriguing matchups include Luque vs. Holland, Bautista vs. Mix, and Gastelum vs. Pyfer. The event presents numerous betting opportunities amidst questions of change and redemption.

US Fed should cut interest rate by a full point, Donald Trump says

The Fed last September did reduce rates by a half of a percentage point, after a faster-than-expected decline in inflation and a marked slowdown in the labor market. By the end of 2024 it had delivered two additional quarter-point rate cuts, and has held the policy rate steady since then, citing uncertainty over tariff policy and inflation still above its 2% target.

With Elon Musk out, Republicans set to bless $3-trillion bill

Lawmakers are largely taking their cues from Trump and sticking by the $3 trillion bill at the centre of the White House's economic agenda. Musk, the biggest political donor of the 2024 cycle, has threatened to help primary anyone who votes for the legislation, but lawmakers are betting that staying in the President's good graces is the safer path to political survival.

Online betting, gambling: ED freezes over 760 'mule' bank accounts, arrests two

The Enforcement Directorate (ED) has frozen 766 'mule' bank accounts and arrested two individuals, Vishal Bhardwaj and Sonu Kr Thakur, in connection with a money laundering investigation. This action targets a racket involved in illegal betting on IPL, T20 World Cup matches, and other gambling activities.

Tesla short sellers pocket about $4 billion in profits after Musk-Trump spat

Traders raked in $4 billion in profit from their short positions in Tesla shares on Thursday after a public feud between President Donald Trump and CEO Elon Musk led to the stock's biggest single-day drop ever.

Broadcom rides on AI chip demand to deliver upbeat revenue forecast

Broadcom, a key player in the AI hardware ecosystem, helps design custom processors that are highly specialized integrated circuits designed for AI and cloud computing companies such as OpenAI and Google. The Palo Alto, California-based company has begun shipping its latest networking chip, the Tomahawk 6, designed to accelerate AI workloads.

Stocks to Buy | Devina Mehra on top sectoral bets for 2025

European shares flat as investors cautious ahead of US jobs data

European shares were little changed on Friday, as investors refrained from placing major bets ahead of crucial U.S. jobs data, with persistent trade tensions adding to the uncertainty.

How to watch NBA Finals 2025: Thunder vs. Pacers Game 1 TV channel, live stream, odds, and prediction

The 2025 NBA Finals begin Thursday, June 5, with the Oklahoma City Thunder hosting the Indiana Pacers in Game 1 at Paycom Center. Coverage is available on ABC and live streaming via fubo. This matchup features two young teams seeking their first NBA title and opens with OKC favored

India’s next big bet? Trading on trust, not chance

The article proposes regulated predictive intelligence markets in India to enhance governance and economic strategies. These platforms, distinct from gambling, allow trading on real-world event likelihoods, offering real-time insights. Integrating AI ensures transparency and accuracy, fostering a hybrid intelligence ecosystem for improved policy anticipation and citizen empowerment, ultimately building a more responsive nation.

Madras High Court says yes to Aadhaar checks for online rummy, poker players

The Madras High Court has upheld Tamil Nadu’s law that regulates online real-money games like rummy and poker. The law sets limits on age, betting amounts, playing time, and advertising, and requires Aadhaar verification in two stages. The court ruled the state government has the right to enact such laws as online gaming affects public health. It dismissed privacy concerns, stating public interest outweighs privacy. This fills a regulatory gap while pending central rules come into force.

Buffett inspires retail investors to bet on Japan Trading Houses

Japanese retail investors are increasingly flocking to trading house stocks backed by Warren Buffett’s Berkshire Hathaway, drawn by strong fundamentals and high returns. Under the NISA tax-free savings scheme, companies like Mitsubishi Corp. have surged in popularity, joining traditional investor favorites such as Japan Tobacco and NTT. Mitsubishi Corp. ranked third or fourth in top holdings at major brokerages.

RCB vs PBKS IPL 2025: Will Drake’s Rs 6.4 crore bet break the RCB curse? All eyes on the key clash at Narendra Modi Stadium

In a move that’s drawn global eyes to cricket’s grand finale, Canadian rapper Drake has staked $750,000 on Royal Challengers Bengaluru (RCB) to win their maiden IPL title. Revealing the bet on Instagram, he used RCB’s war cry “Ee sala cup namde” while tagging crypto-betting platform Stake. With over a billion dollars wagered this season, his high-stakes gamble has reignited talk of the infamous “Drake Curse”—but fans now wonder if this time, luck might finally be on RCB’s side.

American Olympic gold medalist Gabby Thomas harassed by a bettor who followed her around the track

Olympic gold medalist Gabby Thomas faced verbal harassment and stalking by a sports bettor at the Grand Slam Track meet, raising concerns about athlete safety. The man, known online as "Mr. 100k A Day," heckled Thomas, made racially charged comments, and boasted about his betting wins related to her performance.

Jerome Powell resignation: Is the Fed Chairman quitting? Social media abuzz with rumors — what's the truth?

Rumors on social media claimed that US Fed Chair Jerome Powell might resign, but there’s no proof. A betting site shows low chances of him quitting, and the Fed hasn’t commented. This comes after Trump told Powell to cut interest rates, but Powell disagreed.

Top illegal betting site Parimatch draws more visits than Amazon, X

Some offshore operators have even adopted cash-on-delivery payment models, allowing minors to place bets without parental knowledge or access to digital payment. In such cases, agents physically collect cash from users before crediting it to their gaming wallets. The study also highlighted the rise of ‘surrogate’ websites such as batery.ai that mask their true purpose by mimicking legitimate gaming or tech platforms, misleading users as well as search engines—so that they can exploit SEO (search engine optimisation) techniques to attract users. One such domain, battery-bet.in, alone logged 276.6 million visits last fiscal.

NBA Finals: Check ways to watch, betting odds, and other details

The Oklahoma City Thunder and Indiana Pacers are set to clash in the NBA Finals, with Game 1 tipping off Thursday in OKC. The Thunder swept their regular-season series, fueled by Shai Gilgeous-Alexander's dominant performances, who also won the MVP award. Oklahoma City is heavily favored, but Indiana, yet to face elimination this postseason, looks to defy the odds.

Online gambling: Illegal sites target minors, vulnerable groups with fast bets, big payouts, reveals report

A CUTS International report reveals illegal online gambling platforms in India are booming, attracting vulnerable users with aggressive incentives and rapid-fire betting. These platforms, bypassing regulations and taxes, offer attractive payouts and instant-gratification games, leading to an estimated USD 100 billion in annual deposits. Over 5.