MUMBAI: A strong closing in the US market on Tuesday night, slide in crude oil prices and expectations of a rate cut in the US and in India combined to lift investor sentiment on Dalal Street that in turn led to a 1,022-point rally in sensex, which closed at 85,610 points on Wednesday.At close, the…
NEW DELHI: PM Narendra Modi marked Constitution Day on Wednesday by urging citizens to never miss out on their constitutional right to vote and renewed his pitch for balancing rights with duties.PM Modi has often emphasised that while the issue of people’s rights has received attention, the Constitution’s similar focus on their duties was overlooked….
US stocks climbed on Wednesday as Wall Street looked to stretch its winning run, buoyed by growing expectations of a Federal Reserve rate cut in December. According to AP, the S&P 500 rose 0.5% in early trade, while the Dow Jones Industrial Average gained 227 points and the Nasdaq advanced 0.7%.Traders are pricing in nearly…
UAE’s new financial law brings crypto and blockchain into traditional finance and under Central Bank’s supervision. Source link
NEW DELHI: India’s plan to acquire another five squadrons of the S-400 Triumf air defence systems as well as a large number of its surface-to-air missiles for already inducted systems, which performed exceedingly well during Operation Sindoor, are likely to figure in discussions during the Modi-Putin summit here on Dec 5.However, India is yet to…
India’s exchange rate framework came under renewed global scrutiny on Wednesday after the International Monetary Fund reclassified the country’s “de facto” regime as a “crawl-like arrangement”, two years after designating it “stabilised”. The change follows an IMF review conducted earlier this year and could shape how global investors read India’s approach to managing the rupee…
Filing comes amid rapid growth in IBIT options activity and a migration of open interest toward US regulated venues. Source link
President Murmu, V P Radhakrishnan and PM Modi read the Preamble during Constitution Day celebrations at Samvidhan Sadan Wednesday NEW DELHi: President Droupadi Murmu on Wednesday said women representation in judiciary, legislature and executive continues to be low despite Parliament amending the Constitution to enact Women’s Reservation Act in 2023 to reserve one-third of seats…
Check out the companies making the biggest moves midday: Arrowhead Pharmaceuticals — The stock popped 19% after the biopharmaceutical company reported fiscal year revenue that beat analyst expectations. Arrowhead’s top line for the period totaled $829.4 million, beating a FactSet consensus of $861.2 million. Last week, the company announced it created the first and only…
Americans are set for a mix of family meals and early holiday shopping this week, with most big retailers staying shut on Thanksgiving before reopening at dawn for Black Friday, the unofficial start of the Christmas buying rush. The week also marks what AAA says will be the busiest Thanksgiving travel period on record, according…
