Author: kumbhorg

Bitcoin is the most important asset in two of Abu Dhabi sovereign wealth funds, according to regulatory filings.  Abu Dhabi’s Mubadala Investment Company disclosed Friday that it held a $490 million stake in BlackRock’s iShares Bitcoin Trust — the second-largest single holding across its entire 13F portfolio.  And a Thursday filing from the Abu Dhabi Investment Council, another state-run fund, revealed a $273.6 million position in the popular Bitcoin exchange-traded fund. The stake is the biggest position in its portfolio.  JUST IN: 🇦🇪 UAE sovereign wealth funds Mubadala and Abu Dhabi Investment Council report owning a combined $763.7 million of…

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Devdutt Padikkal announces himself with maiden Test 100 (Image: BCCI) Devdutt Padikkal marked his return to India’s Test setup in style, smashing his maiden Test century during the first Test against Sri Lanka at the Galle International Cricket Stadium. The left-hander, who has won two IPL titles with Royal Challengers Bengaluru, produced a fluent and assured knock at No. 3 to make a strong case for himself in India’s middle order.Padikkal joins elite list of India’s no. 3 left-handersPadikkal became only the second Indian left-handed batter in the 21st century to score a Test century from No. 3, after former…

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TGBIE has extended the deadline for Intermediate first-year admission registration for 2026-27 to August 31, giving junior colleges more time to complete enrolments. The board has reiterated reservation norms, including quotas for SC, ST, BC, EWS and other categories. Admissions will be based on qualifying marks and grades, with Aadhaar details and seat disclosure made mandatory. The Telangana Board of Intermediate Education (TGBIE) has extended the deadline for online registration of students seeking admission to Intermediate first-year courses for the academic session 2026-27. Junior college managements and principals can now complete the registration process for Class 11 candidates until August…

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The House of Representatives passed a stopgap funding bill on July 21 by a 220-205 vote, pushing the government’s spending deadline from September 30 to December 4 and pulling it clear of this fall’s midterm elections, sparking a frenzy of Government shutdown probability conversations. The move triggered an immediate repricing in prediction markets tracking a US government shutdown, with contracts on Kalshi and Polymarket both showing lower implied odds for an October 1 lapse than before the vote. But a lower probability is not a resolved dispute. Here is the tension this article works through: prediction markets moved fast to…

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The week of August 11 kept markets off-balance from the open. Iran’s Strait of Hormuz standoff anchored the macro backdrop, with oil well bid and inflation anxiety running hot, while three back-to-back U.S. data releases drove more intraday movement than any diplomatic headline could manage. CPI matched forecasts on Wednesday and still triggered a sharp reversal. A softer PPI on Thursday sent the S&P 500 to a fresh record and cut Fed hike odds. Retail sales then missed by the most in over a year on Friday, briefly dragging the dollar to its weekly low before a yield-driven recovery clawed…

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Key Takeaways Awardco is an employee recognition platform that makes it easier to manage engagement. You can set up flexible rewards and keep track of recognition budgets all in one place. Awardco uses a quote-based pricing model, so there is no public pricing information available. It offers a global reward network, so employees can receive rewards that are specific to their location. It integrates with popular platforms like Slack, Microsoft Teams, Deel, Amazon Business, and Rise. Admins can access real-time analytics with clear visual summaries. Overview Of Awardco Employee Recognition is key to building a positive workplace culture, but it…

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The highly anticipated “Lanterns” drops on HBO at an interesting time for the DC Universe. 2025’s “Superman” was a critical and commercial smash, a sign that maybe new head James Gunn was steering this ship in the right direction, but 2026’s “Supergirl” was a disaster, and audiences seem a bit skeptical that “Clayface” is what the franchise needs right now. Gunn is hard at work on 2027’s “Man of Tomorrow,” but the future of these films still feels a bit uncertain. However, superhero fiction has taken a different shape on HBO with the well-liked “Peacemaker,” critical darling “The Penguin” (not…

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In a 2024 ruling that shook DC to its foundations, the Supreme Court upheld the Seventh Amendment in SEC v. Jarkesy (2024), affirming the right to an impartial jury trial. Until Jarkesy, the Securities and Exchange Commission had been deciding and applying its own civil penalties for securities fraud. When the time came, though, to reaffirm this right for a different agency, the Supreme Court blinked. Must other agencies honor the Seventh Amendment in such cases too? And what about agencies who stack shadow administrative courts against Americans, operating as the enforcer, judge, and jury? AT&T sought to answer these…

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