FEDERAL AGENCY FOR TECHNICAL RELIEF
Ahead of Market: 10 things that will decide D-Street action on Wednesday
The Nifty's upward trajectory persists, with any potential dips or consolidation presenting buying opportunities, according to the prevailing bullish pattern.
US Supreme Court rejects federal ban on gun 'bump stocks'
The rule was imposed in 2019 by Trump's administration after the devices were used during a 2017 mass shooting that killed 58 people at a Las Vegas country music festival. The policy was defended in court by Democratic President Joe Biden's administration.
FOMC, FII action among 10 factors to dictate D-Street mood this week
The Nifty index closed the week with a 3.6% increase amidst two significant occurrences: the highly anticipated election results and the monetary policy decision by the Reserve Bank of India (RBI). As trading resumes on Monday, a range of significant domestic and international events scheduled throughout the holiday-shortened week are expected to influence market movements.
Rajkot game zone fire: Four children among 27 killed; SIT probe ordered into incident
Rescue operations are underway at the affected TRP game zone and officials feared the count of casualties may go up as several children were present at the spot due to the ongoing summer vacation and weekend. The blaze erupted at around 5 pm at a fibre dome for gaming activities and several persons including children were playing games when the blaze erupted, officials said.
U.S. regulators reconsider capital hike for big banks, WSJ reports
The Federal Reserve and two other U.S. regulators are moving toward a new plan that would significantly reduce a nearly 20% mandated increase in capital for the country's biggest banks following lobbying efforts by industry CEOs like JPMorgan Chase's Jamie Dimon, the Wall Street Journal reported on Sunday.
Xi Jinping, Vladimir Putin hold talks in Beijing to discuss future strategic ties
Russian President Vladimir Putin visited China to hold talks with China President Xi Jinping. The two leaders discussed about the Ukraine war and the increasing pressure on Beijing from the US and EU for supporting Russia. This is Putin's first foreign visit after being elected for the fifth term. Russia's large delegation, including five deputy prime ministers and other senior officials, is expected to discus trade and economic cooperation.
- Go To Page 1
Oil prices slide 1% to 11-week low on weaker IEA 2024 demand forecast
Crude prices slid about 1% to an 11-week low on Wednesday after data from the International Energy Agency (IEA) showed oil demand in developed countries likely would flag this year.
Nevermind those EVs — oil demand keeps growing
Oil demand concerns persist as Brent crude prices have been fluctuating. Gasoline consumption are rising despite push for electric vehicles.
India will soon have solar power waste to fill 720 Olympic-size swimming pools. It has to urgently find solutions.
The country is betting big on solar energy — and rightfully so. But it is not giving equal importance on managing or recycling the waste that would be generated.
Election, Q4 earnings, and FII flows among 10 factors that will steer D-Street this week
Over 530 BSE-listed companies will announce their March quarter earnings this week, including DLF, GIC Housing Finance, INOX India, Jindal Steel & Power, Varun Beverages, Zomato, Bharti Airtel, Bharti Hexacom and Colgate-Palmolive (India).
Nifty Bank breaks below 50-DMA; next big support is placed at 47,000: Experts
The Nifty Bank closed below the 50-DMA placed at 47,606, suggesting that there could be some selling pressure in the coming week. The Nifty Bank opened slightly higher and built on gains to reclaim 47,800 levels, but faced selling pressure in the second half of the trade.
Explained: Why WhatsApp is willing to leave India over encryption
After the messaging platform said that forcing it to break message encryption may lead to its exit from India, the Delhi HC has said the right to privacy can’t be absolute. Here’s a look at why the company is arguing that its end-to-end encryption cannot be compromised
Biden and Trump offer worlds-apart contrasts on issues in 2024's rare contest between two presidents
Joe Biden and Donald Trump are two presidents who have tasks left incomplete and a strong desire to complete them. Their histories and proposals regarding abortion, immigration, taxes, and foreign conflicts - and more - make it clear that the candidate elected in November will aim to influence the American society in unique ways.
Ahead of Market: 10 things that will decide D-Street action on Thursday
Nifty ended about 39 points lower on Tuesday to form a Shooting Star pattern on the daily chart to indicate strong possibility of further weakness from current levels.
US to reclassify cannabis as low-risk drug, in major shift
The US attorney general sent a proposal to the White House on Tuesday to "reclassify marijuana," Justice Department spokesperson Xochitl Hinojosa said in a statement.
Former Gazprom unit says Russian sanctions disrupted LNG supply to GAIL
GAIL, an Indian gas utility, faced supply disruption due to sanctions imposed by Moscow on SEFE, a former unit of Russian energy giant Gazprom. GAIL filed an arbitration claim seeking USD 1.8 billion from SEFE for non-supply of LNG cargoes. SEFE, now state-owned by Germany, denied owing more than contractually limited amounts.
SC upholds NAFED tender for export of 35,000 tonne non-basmati white rice
Supreme Court approves NAFED's 35,000-tonne rice export to Cote D'Ivoire, dismissing the Rice Exporters Association of India's appeal. Delhi High Court had earlier supported NAFED's tender. No conflict of interest found by the Supreme Court.
US jobs report for March is likely to point to slower but still-solid hiring
A modest downshift in hiring could reassure the Federal Reserve that the economy isn't running too hot, especially if wage growth, a key driver of inflation, also slowed last month. The Fed's policymakers are tracking the state of the economy, the job market and inflation to determine when to begin cutting interest rates from their multi-decade highs - a move eagerly awaited by Wall Street traders, homebuyers and people in need of cars, household appliances and other major purchases that are typically financed.
Ahead of Market: 10 things that will decide D-Street action on Thursday
The Nifty 50 settled 0.08% lower at 22,434, while Sensex shed 0.04% to 73,877. Nifty 50 formed a small positive candle on the daily chart with a gap down opening and with an upper shadow. Technically this pattern indicates broader range movement in the market near all-time highs, said Nagaraj Shetti, senior technical research analyst at HDFC Securities. The MACD showed bearish signs on the counters of P&G, and Caplin Point among others.
Banks, LIC, private insurers, tax department open today: Transactions you can do
Working weekend: Bank, insurers and even the tax department are all working this weekend. Here is a look at the various transactions you can conduct today.
In a first, more government agencies allowed to source wheat directly for Bharat Atta
Government pushes Bharat brand staples to curb food inflation, targeting consumers ineligible for free foodgrains. Quality control measures planned. Bharat products cheaper and sold directly to consumers, including through ecommerce and retail stores.
No relief for Kejriwal: Delhi HC refuses to interfere with Delhi CM's ED arrest, next hearing set for April 3
Justice Swarana Kanta Sharma has set the next date for the hearing on April 3, with the central agency required to file a response the day before. The Justice said that the ED has to be granted an opportunity to file a reply, as an opportunity for effective representation.
What is the most powerful weapon? Russian president Vladimir Putin has an interesting response
Russian President Vladimir Putin emphasizes national unity and patriotism as Russia's "most important, most powerful weapon" during a meeting with contest winners. He warns against US troops in Ukraine, calling it interventionist, and addresses the potential for nuclear conflict. Putin's comments come amidst tensions with the West, highlighting the importance of unity in the face of external pressures.
FAA audit of Boeing's 737 Max production found dozens of issues
The air-safety regulator initiated the examination after a door panel blew off a 737 Max 9 during an Alaska Airlines flight in early January. Last week, the agency announced that the audit had found "multiple instances" in which Boeing and the supplier, Spirit AeroSystems, failed to comply with quality-control requirements, though it did not provide specifics about the findings.
Govt launches Bharat rice at Rs 29/kg to provide relief to consumers
India's food minister, Piyush Goyal, introduced 'Bharat rice' at a subsidized rate of Rs 29 per kg to alleviate the impact of a 15% increase in retail rice prices over the past year. This rice will be available in 5 kg and 10 kg packs through various channels, including cooperatives, retail chains, and e-commerce platforms. Initially, the Food Corporation of India (FCI) will provide 5 lakh tonnes of rice to selected cooperatives and retail chains for distribution.
Govt to launch Bharat rice at Rs 29/kg on Tuesday to provide relief to consumers
Food Minister Piyush Goyal is scheduled to launch Bharat rice at Kartavya path in the national capital, an official release said. The Food Corporation of India (FCI) will provide 5 lakh tonne of rice to two cooperatives the National Agricultural Cooperative Marketing Federation of India Ltd (NAFED) and National Cooperative Consumers' Federation of India (NCCF) as well as retail chain Kendriya Bhandar in the first phase. These agencies will further pack the rice in 5 kg and 10 kg and retail through their outlets under the "Bharat" brand. The rice will also be sold through e-commerce platforms.
National Security Agency buys web browsing data without warrant: senator letter
Democratic senator Ron Wyden released the December 11 letter and called upon US intelligence officials to stop using Americans' personal data without their express knowledge and consent, saying it was unlawful.
Small federal agency crafts standards for making AI safe, secure and trustworthy
The Biden administration has tasked the National Institute of Standards and Technology (NIST) with setting standards for AI safety. Elham Tabassi, NIST's chief AI advisor, is leading the agency's AI efforts. NIST is working with a team of more than a dozen people and is expanding. NIST is also exploring options for a competitive process to support cooperative research opportunities through a new AI safety institute. The institute's consortium will have industry involvement, and NIST has posted a template for the consortium agreement on its website. NIST's role is to advance measurement science and standards and help industry develop technically sound and scientifically valid standards for AI.
Germany to issue emergency visas to Turkish, Syrian earthquake victims
More than 28,000 people were killed in the devastating earthquake that rocked Turkey and Syria on Monday. It reached 28,192 on Saturday (local time), with Turkey's death toll climbing to 24,617, Turkish Vice President Fuat Oktay said in a news conference. In Syria, the total number of confirmed deaths stands at 3,575, including 2,167 in rebel-held areas in the northwest, according to the White Helmets civil defense group.
Load More
