Wednesday, November 27, 2024

Indian Stocks Rise On Strong Bank Earnings, Asian Markets Advance

Indian stocks
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Indian stocks rose on Monday following a series of strong earnings from heavyweight bank stocks, while broader Asian stocks rose slightly, although market holidays dulled trading volumes across most of the region. India’s BSE Sensex 30 and Nifty 50 indexes rose 0.7% each, buoyed...

Oil Heads For Fourth Straight Monthly Loss as OPEC Meeting Looms

Financial News
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Oil prices rose slightly on Friday, but were set for a fourth straight month of losses amid growing concerns over weakening demand, with focus now turning to a potential supply cut by the OPEC next week. London-traded Brent oil futures, the global benchmark, were flat...

Asian Stocks Slammed by Fed Rate Hike Risks

Financial News
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Asian stock markets sank on Wednesday, tracking overnight losses on Wall Street as investors awaited an interest rate hike and more hawkish signals from the Federal Reserve. Hong Kong’s technology-heavy Hang Seng index continued to lag its peers, falling 1.5%, while Japan’s Nikkei 225 index lost 1.3%....

Dow Futures Dip Following Mixed Session, Nonfarm Payrolls in Focus

Dow futures
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U.S. stock futures were trading lower during Thursday’s evening deals, following a mixed performance among major indices as market participants braced for key jobs data slated for release later in Friday’s session. By 6:25 PM ET (11:25 PM GMT) Dow Jones Futures were little...

Musk to jury: Just Because I Tweet Something, Doesn’t Mean People Believe it

Musk to jury
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Elon Musk, Tesla (NASDAQ:TSLA) Inc's chief executive, testified on Friday that investors do not always react to his Twitter messages as he expects, defending himself in a fraud trial over his 2018 tweet that he had funding to take the electric carmaker private. Musk's...

Maharashtra CM Eknath Shinde Directs civic Body to Beautify Mumbai AheSad of G20 Meeting

Eknath Shinde
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Eknath Shinde asked Mumbai civic authorities to depute 5,000 "Swatchhta Doots" (cleanliness ambassadors) and undertake beautification of the city. Ahead of a G20 Council meeting in Mumbai, Maharashtra Chief Minister Eknath Shinde has asked the local civic body to launch a beautification drive in...

A difficult candidate test, broken job promises and refund dispute: Unacademy’s Relevel comes under fire

Financial News
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With the growth engine sputtering, funding slowing down and the spectre of regulation looming large, there are many curveballs that Unacademy and its peers will have to grapple with in the coming months. At a time like this, Gaurav Munjal has been extremely bullish...

Delhi Police Issues Traffic Advisory Ahead of India International Trade Fair

delhi police
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Entry to the fair will be restricted to business visitors from November 14 to 18. It will be opened for general public from November 19 to 27. The Delhi Police on Sunday issued a traffic advisory ahead of the India International Trade Fair and...

Gold Buoyant Before The Fed, Copper Rallies on China COVID Hopes

Gold Buoyant Before
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Gold prices held recent gains on Wednesday as the dollar steadied before the conclusion of a Federal Reserve meeting, while copper prices were lifted by speculation over China potentially relaxing its strict zero-COVID policy Spot gold steadied around $1,648.23 an ounce, while gold futures...

Developing Countries Need $1 Trillion a Year in Climate Finance:

Developing countries
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Developing countries need to work with investors, rich countries and development banks to secure $1 trillion a year in external financing for climate action by the end of the decade and to match that with their own funds, a report said on Tuesday. The...