US markets today: Wall Street holds near record highs; strong GDP growth lifts bond yields

US stocks were largely steady near record levels in early trade on Tuesday after government data showed the American economy expanded at a stronger-than-expected pace in the third quarter, pushing Treasury yields higher even as equity moves stayed muted in holiday-thinned trading. The S&P 500 hovered close to its all-time high set earlier this month,…

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EC’s SIR sweep: Nearly 43 lakh voters removed in Madhya Pradesh; Kerala sees over 24 lakh deletions | India News

NEW DELHI: The Election Commission on Tuesday published draft voter lists for Madhya Pradesh and Kerala under the special intensive revision (SIR) exercise, releasing major deletion in both states. As per the updates rolls, 42,74,160 names have been removed in Madhya Pradesh, while Kerala recorded deletion of more than 24 lakh voters.In Madhya Pradesh, the…

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Assam violence: Clash erupts in Karbi Anglong for second day; internet suspended | India News

Security personnel keep vigil following a wave of violence allegedly triggered by rumours, in West Karbi Anglong, Assam. (PTI Photo) NEW DELHI: Fresh violence was reported from Assam’s trouble-torn Karbi Anglong district for a second consecutive day on Tuesday, with at least eight people injured as a clash between two groups of protestors prompted police…

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US growth rebound: Washington economy expands at 4.3% annual pace in Q3; inflation pressures persist

The US economy grew at a faster-than-expected annual rate of 4.3% in the July–September quarter, driven by stronger consumer spending, exports and government outlays, even as inflation remained above the Federal Reserve’s comfort level, according to official data released on Tuesday, AP reported.Gross domestic product (GDP), which measures the total value of goods and services…

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Watch: Lalit Modi puts up another social media post with Vijay Mallya; draws criticism from internet | India News

NEW DELHI: Lalit Modi on Monday shared a video from Vijay Mallya’s birthday party, where he referred to himself and Mallya as the “two biggest fugitives from India”.The video, posted on Lalit Modi’s Instagram account, shows him posing with Mallya and saying, “We are the two biggest fugitive from India.” Modi captioned the post, “Let…

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Trade friction: China takes India’s solar and IT policies to WTO; consultations initiated

China has escalated trade tensions with India by launching a dispute at the World Trade Organization (WTO) over New Delhi’s policies covering solar cells, solar modules and information technology goods, seeking formal consultations under the global trade body’s dispute settlement mechanism, Reuters reported.The WTO said on Tuesday that China has requested dispute consultations with India,…

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Stocks making the biggest moves premarket: NVO, HII, ZUN

Check out the companies making headlines before the bell. ZIM Integrated Shipping Services — The shipping services firm jumped 10% after its executives said a board is evaluating multiple competitive acquisition proposals. Novo Nordisk — The drugmaker jumped 7% in the premarket after the company’s GLP-1 pill received approval from the Food and Drug Administration….

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Evening news wrap: BJP shows Rs 6,900cr bank balance; Delhi HC suspends jail term of Kuldeep Sengar, and more | India News

Political funding: Disclosures to the Election Commission show the BJP has a bank balance of over Rs 6,900 crore, while the Congress has around Rs 53 crore across its units. Unnao rape case: Delhi High Court has suspended the jail sentence of expelled BJP leader Kuldeep Singh Sengar and granted him conditional bail while his…

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