Wall Street

Environmental, social, and governance-focused funds, which were once deemed the darlings of Wall Street, may be on the way out, media reports said

Stock market

All eyes on August nonfarm payrolls report on Friday; Nvidia, AMD falls after US export ban on AI chips to China

Asian companies, markets

Asian stocks followed Wall Street lower Wednesday after strong U.S. jobs data fuelled expectations of further interest rate hikes and Chinese manufacturing activity weakened.
Shanghai, Tokyo, Hong Kong and Sydney declined. Oil prices rose more than USD 1 per barrel.
U.S. government data Tuesday that showed there were two jobs for every unemployed person in July appeared to support arguments the economy can tolerate more rate hikes to tame inflation that is running at multi-decade highs. Some investors had hoped the Federal Reserve would back off due to indications economic activity is cooling.
The jobs data supported the argument for the Fed to stick to an aggressive stance, said Edward Moya of Oanda in a report.
The Shanghai Composite Index fell 1.1% to 3,191.00 after an index of manufacturing showed activity contracted again in August.
The Nikkei 225 in Tokyo shed 0.5% to 28,063.06 and the Hang Seng in Hong Kong sank 0.4% to 19,867.17.
The Kospi in South Korea gained 0.7% to ..

Wall Street, US stocks, S&P, Dow Jones

US economy contracts again in second quarter; Meta Platforms revenue drops for first time; Qualcomm flags weak smartphone demand

US stocks are on their longest losing streak since the Great Depression by at least one key measure.

US Stock markets, Wall Street

Rising oil prices boosted energy shares more than 2.8%, though most of the 11 major S&P 500 sector indexes declined, led by technology and consumer discretionary

US markets are falling after a report showed inflation in the US is running hotter than previously thought.
Futures for the Dow Jones Industrial dropped 0.6%, while futures for the S&P 500 declined by 1.2%. Nasdaq futures dropped more sharply, down 1.9%.
Labour Department data showed that inflation soared over the past year at its highest rate in four decades, hammering America's consumers, wiping out pay raises and reinforcing the Federal Reserve's decision to begin raising borrowing rates across the economy.
The consumer price index rose 7.5% year over year in January, while the expectation was for an increase of 7.3%.
Bond yields rose on the news. The yield on the 10-year Treasury rose to 1.99%. The yield has been at 2% since August 2019.
European markets moved lower after the US inflation numbers came out. Germany's DAX slipped 0.1% and France's CAC 40 edged down 0.5% after being up earlier.
The Walt Disney Co. gained more than 6.2% in off-hours trading after it reported a ..

NYSE, STOCK EXCHANGE, us, market, wall street

Wall Street stocks fell on Tuesday, with technology shares turning lower in late New York trading, while the US dollar touched its lowest level since late February

wall street

It will take some time for the US economy to get back to where it was, Powell said in a webcast, and called for more fiscal stimulus

Dow Jones

Wall Street stocks tumbled in opening trading Friday, suffering another steep decline as fears of an economic slowdown due to coronavirus again pummeled global markets.
Shortly after the opening bell, the Dow Jones Industrial Average was down nearly 800 points, or 3.0 per cent, at 24,986.27. The index had shed more than 11 per cent this week heading into Friday's session.
The broad-based S&P 500 sank 3.1 per cent to 2,887.31, while the tech-rich Nasdaq Composite Index plunged 3.3 per cent to 8,285.87.

wall street, markets, wall

The Dow Jones Industrial Average was down 557.26 points, or 2.12%, the S&P 500 was down 62.63 points, or 2.14%. The Nasdaq Composite was down 190.71 points, or 2.38%

wall street, us stocks, stock market

The Dow Jones Industrial Average fell 277.24 points, or 1.12 percent, to 24,405.07

The stock price of GVK Power & Infrastructure was locked in the 5% upper circuit for the eight day, trading at its highest level since September 2018 on the BSE

Sensex, Nifty, stock brokers

The restructuring exercise will be undertaken by Arjun Mohan, who was recently elevated as chief executive officer (CEO) of its India business, replacing Mrinal Mohit, according to the sources

Byju's

Meanwhile, companies like HP and Acer, which do not sell mobile phones in India, are likely to miss out

Apple iPhone

His three children - twins Akash and Isha (both 31) and Anant (28 years) - will get only a sitting fee and a commission on the profit earned by the firm

Reliance Industries chairman Mukseh Ambani and Nita Ambani's children, left to right, Akash, Isha and Anant Ambani. PTI: Photo

Isha, Akash and Anant Ambani

Analysts at Jefferies, believe that the time is ripe to buy Eicher Motors given alleviating competitive concerns, along with tailwinds of 2W demand recovery, industry premiumization and exports.

Eicher Motors, motorcycle ,Royal Enfield, Royal Enfield bikes,

In a move to fuel growth through self-employment, Assam Chief Minister Himanta Biswa Sarma has launched a scheme to help youths set up their own ventures.
At a function here, Sarma rolled out the Chief Minister's Atmanirbhar Asom Abhijan 2023. He also launched a registration portal for the scheme.
Under the programme, financial aid will be given to two lakh youths for creating a robust entrepreneurial ecosystem, he added.
Speaking on the occasion on Saturday, Sarma said, "The scheme has been designed to create self-employment avenues to enable the youths to fuel development of the state. It has the potential to strengthen rural economy."
He said that the unemployed degree holders in the fields of engineering, medicine, agriculture, animal husbandry and fishery will be kept in the first category and will be given Rs 5 lakh.
"On the other hand, unemployed postgraduates, general graduates, ITI, polytechnic passouts will be kept in the second category for government assistance of Rs 2

Guwahati: Assam Chief Minister Himanta Biswa Sarma speaks during a press conference organised to commemorate the completion of 8 years of Prime Minister Narendra Modi's BJP-led government at the centre, at BJP state office in Guwahati, Wednesday, Jun

Himanta Biswa Sarma

The US provided Canada with intelligence after the killing of Sikh separatist Hardeep Singh Nijjar, but communications intercepted by Ottawa were more definitive and led it to accuse India of orchestrating the plot, The New York Times has reported citing sources.
The report came on Saturday as the top US diplomat in Canada confirmed that there was shared intelligence among Five Eyes partners that had prompted Canadian Prime Minister Justin Trudeau's offensive allegation against India in the killing of a Khalistani extremist on Canadian soil.
The allegations have infuriated India, which rejected the allegations as "absurd" and "motivated" and expelled a senior Canadian diplomat in a tit-for-tat move to Ottawa's expulsion of an Indian official over the case. India also accused Canada of being a safe haven for terrorists.
Nijjar, the chief of the banned Khalistan Tiger Force (KTF), was killed in Surrey in British Columbia on June 18. India had designated Nijjar as a terrorist in ...

Hardeep Singh Nijjar, Hardeep Nijjar

"The fact that over fifty visitors were able to raise slogans is a matter of grave concern. In response to this serious breach, Members from the opposition panics walked out in protest"

Priyanka Chaturvedi

IAS-turned-politician Sasikanth Senthil has been appointed as the Chairman of the Central War Room

Congress

All individual demat account holders and mutual fund investors have time till September 30, to nominate a beneficiary or opt out of it by submitting a declaration form, failing which their demat accounts and folios will be frozen, and they will not be able to redeem their investments.
This mandate applies to both new as well as existing investors, according to the Securities and Exchange Board of India (Sebi).
The move is aimed at helping investors to secure their assets and pass them on to their legal heirs.
"This will ensure smooth and hassle-free transfer of securities to the legal heirs of the investors in case of any unfortunate event," Tejas Khoday, co-founder and CEO at FYERS, said.
Under Sebi's rule, new investors must either nominate their securities or formally opt out of nomination through a declaration form when opening trading and demat accounts.
For existing investors, including jointly-held mutual fund folios, failing to meet this deadline will result in the freezin

Nominee

The Nijjar murder is fast unfolding into treacherous scenarios that could have tragic consequences for both nations. No one stands to gain from the ongoing face-off

India Canada

International credit agency Moody's Investors Service has made sweeping assertions against Aadhaar without citing any evidence, the Unique Identification Authority of India (UIDAI) said on Monday.
The UIDAI issued a strong rebuttal to Moody's Investors Service which claimed that the Aadhaar system often results in service denials and the reliability of biometric technologies, especially for manual labourers, in hot and humid climates is questionable.
"A certain investor service has, without citing any evidence or basis, made sweeping assertions against Aadhaar, the most trusted digital ID in the world. Over the last decade, over a billion Indians have expressed their trust in Aadhaar by using it to authenticate themselves over 100 billion times," the UIDAI said in a statement.
The unique id Aadhaar's custodian said that the report in question does not cite either primary or secondary data or research in support of the opinions presented in it.
"The investor service did not make any

Adhaar, UIDAI

India's rage is misplaced and hardly serves to endear the country to those appalled by the idea that it may have had a Canadian citizen killed

Canada has updated travel advisory for its citizens in India asking them to "stay vigilant and exercise caution" in the context of recent developments as there are calls for protests and some "negative sentiment" towards Canada on social media.
Tensions flared between India and Canada following Canadian Prime Minister Justin Trudeau's explosive allegations of a "potential" involvement of Indian agents in the killing of Khalistani extremist Hardeep Singh Nijjar, 45, on his country's soil on June 18 in British Columbia. India had designated Nijjar as a terrorist in 2020.
India angrily rejected the allegations as "absurd" and "motivated" and expelled a senior Canadian diplomat in a tit-for-tat move to Ottawa's expulsion of an Indian official over the case.
"In the context of recent developments in Canada and in India, there are calls for protests and some negative sentiment towards Canada on social media. Please remain vigilant and exercise caution," the Canadian government said in an

The leaders of both countries should encourage bilateral trade and people-to-people exchanges that can help build bridges

Chief Election Commissioner Rajiv Kumar on Tuesday signed a Memorandum of Understanding (MoU) with Electoral Commission Chairperson of Seychelles Danny Lucas on 'Electoral Cooperation' in the capital of Seychelles. The MoU was signed to boost the exchange of best practices in election management and training officials. Taking to their social media 'X', the Election Commission of India stated, "#ECI Expands Electoral Collaboration. CEC @rajivkumarec  &  Mr. Danny Lucas, Chairperson, Electoral Commission #Seychelles sign MoU on 'Electoral Cooperation' at Victoria, Seychelles. MoU to strengthen the exchange of best practices in election mgt.  &  training of officials." Indo-Seychelles relations have been characterised by close friendship, understanding and cooperation. To facilitate cooperation further a number of bilateral agreements/MOUs have already been signed during the last few decades. Earlier this year, Rajiv Kumar held productive discussions with the Chief Election ...

Rajiv

The National Investigation Agency on Wednesday is conducting major raids across 6 states in 3 cases at 51 locations belonging to associates of Lawrence, Bambiha and Arsh Dalla Gangs

In the wake of Canada's allegations about India's potential involvement in the killing of a Khalistani separatist on its soil, External Affairs Minister S Jaishankar has said that New Delhi conveyed to Ottawa that it is not the government of India's policy and it is open to looking at specific and relevant information in the case.
Yes, I do have a comment. I'll share with you very frankly what we told the Canadians, Jaishankar said during a conversation at the Council on Foreign Relations (CFR) here Tuesday when asked if he had any comment on the allegations by Canadian Prime Minister Justin Trudeau that agents of the government of India are linked to the killing of a Canadian Sikh.
"One, we told the Canadians that this is not the government of India's policy. Two, we told the Canadians saying that look, if you have something specific, if you have something relevant, let us know. We are open to looking at it, he said during a conversation with former US Ambassador to India and CFR ..

Sources privy to the development have informed ANI that 'One Nation One Election' would be beneficial not only in the national interest but would also save a lot of the financial reserves of the govt

Voting, elections, Polls, Votes

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