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Holiday rush: US retailers eye Black Friday lift; shoppers hunt deals despite weak sentiment

Black Friday no longer pulls Americans from Thanksgiving dinners for midnight mall queues, but it still draws more in-store traffic than any other day of the year — and remains the unofficial start of the US holiday shopping season.This year’s kickoff came as US consumer confidence slipped following the federal government shutdown, weak hiring and…

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Ease of compliance: RBI scraps 5,673 circulars; issues 244 master directions to streamline rules

The Reserve Bank on Friday completed a nearly six-month regulatory consolidation, repealing 5,673 obsolete circulars and subsuming over 3,800 into 244 function-wise master directions (MDs), the central bank said.In all, 9,446 circulars have been repealed, subsumed or withdrawn as part of the exercise, Deputy Governor S C Murmu said, describing the review as a “mammoth…

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US markets today: Wall Street edges higher on final trading day of November; CME outage halts futures briefly

US stocks opened with modest gains on Friday as Wall Street wrapped up the last trading session of November on a shortened post-Thanksgiving schedule.The S&P 500 rose 0.2 per cent, the Dow Jones Industrial Average added 66 points, and the Nasdaq gained 0.4 per cent. Coinbase Global climbed 2.2 per cent as Bitcoin traded above…

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Siddaramaiah vs Shivakumar in Karnataka: Did Congress high command fail to act on time, yet again? | India News

NEW DELHI: The Congress would have a strong feeling of deja vu about the turn of events in Karnataka. The grand-old-party stares at a political crisis in the state that threatens the very stability of its government. Ironically, while the crisis is in Karnataka, on test is the Congress high command – which has proved…

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Karnataka CM tussle: Congress high command cracks whip; Sidda invites DKS for breakfast meet | India News

NEW DELHI: Karnataka chief minister Siddaramaiah on Friday said that he has invited DK Shivakumar for breakfast after the party high command asked them to have a meeting amid the ongoing “power tussle” over the chief ministerial post.“I invited deputy CM D K Shivakumar for breakfast tomorrow, as high command asked us to have meeting,”…

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Reliance Industries Ltd: Shares hits fresh 52-week high as Jefferies reaffirms ‘buy’ – key factors driving the bullish stance

Reliance Industries Ltd (RIL)’s shares rose on Friday, touching a new 52-week high of Rs 1,580.90 on the BSE after global brokerage Jefferies reiterated its “Buy” rating with a price target of Rs 1,785, implying nearly 14% upside. The stock had ended the previous session at Rs 1,564. In early trade, RIL shares were up…

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