Onion export ban may be lifted as prices drop, supplies rise
India plans to lift the ban on onion exports due to a significant drop in vegetable prices in the main producing regions. The ban was imposed on December 8, following domestic prices doubling in three months due to production decline. Prices have dropped by 20% to Rs 1,500 per quintal, with fresh kharif onions increasing to 15,000 quintals daily. Key Points
Economic TimesRupee wavers as Asian peers struggle after rally; premiums up
The Indian rupee wavered in a narrow range on Monday as Asian currencies pulled back following last week's rally, while U.S. yields rose. Key Points
ReutersRupee drops to fresh record low, tracking Asian peers
The rupee dropped to a lifetime low of 83.3050 to the dollar, down from 83.2800 in the previous session. The previous lifetime low was 83.2950. Key Points
Economic TimesUS stocks: Wall Street ends down as debt-ceiling clouds hover
International Business News: US stocks fell, with the S&P 500 and the Dow Jones Industrial Average both down by 0.73% and 0.77%, respectively. The Nasdaq Composite dropped 0.61%. Key Points
Times Of IndiaUK economy grows by 0.1% in first quarter of 2023
Output was 0.2% higher than a year earlier, the Office for National Statistics said. But GDP in March alone dropped 0.3%, compared with poll forecasts for it to hold steady. While industrial output and construction grew, the much larger services sector dropped 0.4%, reflecting weak car sales and retail, hurt by unusually rainy weather and high inflation. Key Points
Economic Times
BJP's 5th candidates list for Lok Sabha election: Kangana Ranaut from Mandi, Arun Govil from Meerut
Kangana Ranaut will contest from Mandi, Arun Govil from Meerut. Varun Gandhi dropped from Pilibhit, Maneka Gandhi will contest from her Sultanpur constituency. | Latest News India Key Points
Hindustan TimesWorld markets today: As Fed meet begins US stocks open muted
The Dow Jones Industrial Average fell 35.22 points, or 0.09 per cent, at the open to 38,298.23. The S&P 500 opened lower by 2.04 points, or 0.04 per cent, at 4,925.89, while the Nasdaq Composite dropped 23.97 points, or 0.15 per cent, to 15,604.08 at the opening bell. Key Points
mintWall Street surges, oil slumps ahead of Fed meet
Oil prices dropped partly as fears eased about the Israel-Hamas war disrupting supply from the region, and U.S. Treasury yields rose before the Treasury Department's update on its expected financing need for the current quarter. Key Points
Economic TimesPujara's best-possible response after being dropped from India Test side
Cheteshwar Pujara took to Twitter to react to his India vs West Indies Test series snub. The veteran was in poor form in the WTC final. | Cricket Key Points
Hindustan TimesCovid deaths down 95 percent this year: WHO
The World Health Organization said Covid-19 was here to stay and countries would have to learn how to manage its ongoing non-emergency effects, including post-Covid-19 condition, or Long Covid. We're very encouraged by the sustained decline in reported deaths from Covid-19, which have dropped 95 percent since the beginning of this year, WHO chief Tedros Adhanom Ghebreyesus told a press conference. Key Points
Economic Times
Sensex, Nifty recover to end flat after volatile trading day
The S&P BSE Sensex dropped by 45.46 points, closing at 73,466.39, and the NSE Nifty50 closed flat at 22,302.50 points. Key Points
India TodayDow Jones drops to near one-month low as Treasury yields hurt megacaps after retail sales data
At 9:54 a.m. ET, the Dow Jones Industrial Average was down 110.22 points, or 0.30%, at 37,250.90, the S&P 500 was down 36.50 points, or 0.77%, at 4,729.48, and the Nasdaq Composite was down 210.44 points, or 1.41%, at 14,733.90. Key Points
Economic TimesAfter 1,628 point plunge at Dalal Street, what next for stock markets?
The Sensex, Nifty free fall occurred day after HDFC Bank posted a net profit of ₹16,732 crore in its Q3 results. The private lender's stock dropped by 9%. Key Points
Hindustan TimesStocks slide, dollar gains on rates outlook jitters
By Tom Westbrook SINGAPORE (Reuters) - Asian shares dropped to a one-month low, U.S. stock futures fell and the dollar rose on Tuesday as hawkish remarks from central bankers tempered expectations for Key Points
ThePrintWall Street subdued, gold slides ahead of CPI, Fed
By Stephen Culp NEW YORK (Reuters) -U.S. stocks were muted and gold slid on Wednesday, as investors bided their time ahead of crucial inflation data and the U.S. Federal Reserve's monetary policy Key Points
ThePrint
Pop icon Pink reveals near-death experience from overdose at 16
I was a punk. I had a mouth. I had a chip on my shoulder. Basically, I grew up in a house where every day my parents were screaming at each other, throwing things, hated each other. And then I got into drugs. I was selling drugs. And then I was kicked out of the house. I dropped out of high school. I was off the rails, Pink said. Key Points
Economic TimesIndian rupee falls, caught between dollar rally and likely RBI intervention
The Indian rupee dropped on Monday on the back of a broadly higher U.S. dollar, but likely intervention by the central bank mitigated losses. Key Points
ReutersRupee to decline on poor risk appetite, weakness in Asian peers
The Indian rupee is expected to open lower on Wednesday on the back of a decline in Asian currencies and weak risk appetite after rating agency Fitch cut the U.S. credit rating. Key Points
ReutersRupee recovers, premiums inch up; US inflation data key
The Indian rupee managed to recover on Monday and far forward premium rose, tracking a fall in near-maturity U.S. yields after data showed U.S. payrolls rose less than expected. Key Points
ReutersChina's manufacturing contracts, signaling recovery concerns
Measures of production, new orders and employment dropped from the previous month, the National Bureau of Statistics and the China Federation of Logistics & Purchasing said. But they said the index for production remained above 50, meaning that there was still an expansion. Key Points
Economic Times
Israel-related stocks fall globally as war escalates
Saturday's assault has sparked fresh concern about geopolitical risks at a time when global financial markets already were grappling with the impact of higher interest rates and the slowdown in China's economy. Oil prices surged while US stock-indexes dropped. Key Points
Economic TimesGlobal markets update: Tesla, Netflix drag down S&P 500 and Nasdaq
S&P 500 falls 0.7%, Dow Jones Industrial Average rises 0.5%, Nasdaq composite drops 2.1% Key Points
mint‘Excellent composure under pressure’: Venkatesh Prasad praises KL Rahul’s knock in first IND-AUS ODI
Only a month back, Venkatesh Prasad had posted multiple threads, making a case for why KL Rahul must be dropped from the Indian team in Tests. He had even alleged that Rahul's inclusion in the side was due to favouritism. Key Points
The Indian ExpressBJP replaces Varun Gandhi with Jitin Prasad in Pilibhit, retains Maneka Gandhi in Sultanpur
The Bharatiya Janata Party (BJP) unveiled its fifth list of candidates, featuring 111 names for the upcoming elections. Notably, Varun Gandhi has been replaced by former Congress leader Jitin Prasad in the Pilibhit constituency of Uttar Pradesh. However, Varun Gandhi's mother, Maneka Gandhi, has been retained by the party in the Sultanpur constituency of Uttar Pradesh. Key Points
Economic Times50 hurt as LATAM's Boeing 787 to Auckland ‘just dropped’ mid-flight
The aircraft landed at Auckland airport as scheduled on Monday afternoon, according to FlightAware. At least 50 people were hurt when a Boeing 787 operated by... Key Points
The Tribune India
Bombay Dyeing Q3 Results: Net profit rises to ₹305.4 crore on land sale gains, lower costs
Total expenses fell by 39.4% to 4.60 billion rupees, largely due to a nearly 99% fall in inventories of finished goods, while its input costs also dropped 4.3%. Key Points
mintGold hits more than one-week low as stronger dollar, yields dent appeal
By Anushree Ashish Mukherjee (Reuters) - Gold dropped to more than a one-week low on Monday, weighed down by a higher dollar and bond yields after a solid U.S. jobs report and remarks from Federal Key Points
ThePrintBears roar: Sensex nosedives 802 points on profit-booking in RIL, Bajaj twins drag
The market capitalisation of all listed companies on BSE declined by Rs 1.84 lakh crore to Rs 375.36 lakh crore. The highest weighted of the 13 major sectors — financial services — dropped 0.63%. Meanwhile, Nifty FMCG, IT, healthcare, consumer durables, and oil & gas also declined. Key Points
Economic TimesMicrosoft hits $3 trillion value, cementing strength of AI rally
The stock rose as much as 1.3% to $403.95, resulting in a market capitalization of $3 trillion. The threshold cements Microsofts status as one of the largest public stocks. It briefly surpassed Apple Inc. in value — which last year became the first company to hit $3 trillion — but subsequently dropped back below the iPhone maker, with the two trading places ever since. Key Points
Economic TimesRisk-off sentiment, US yields fuel selloff in FPI-heavy stocks
HDFC Bank, with a 52% FPI holding, and IndusInd Bank, with 42%, dropped 15% each since last Wednesday. Zee Entertainment, with a 28% FPI holding, tumbled 36% during this period. Jindal Stainless and Indiabulls Housing, both with a 23% FPI stake each, dropped 13% each. Key Points
Economic Times
Arjun Kapoor gets new tattoo, takes inspiration from phoenix
Actor Arjun Kapoor starts the new year off on a hopeful note. He took to Instagram and shared a video of getting a new tattoo on his calf. | Bollywood Key Points
Hindustan TimesWall St ends higher, Treasury yields hit multi-month lows in Fed's wake
By Stephen Culp NEW YORK (Reuters) -U.S. stocks pared earlier gains to close modestly higher on Thursday, while benchmark Treasury yields dropped to multi-month lows after investors rotated out of Key Points
ThePrintWall St notches new 2023 closing highs, gold slides ahead of CPI, Fed
By Stephen Culp NEW YORK (Reuters) - U.S. stocks ended in positive territory and gold slid on Monday, as investors looked ahead to crucial inflation data and the U.S. Federal Reserve's two-day Key Points
ThePrintIs Nicki Minaj dissing Megan Thee Stallion and Latto on her new album 'Pink Friday 2’
In her fifth album, Pink Friday 2, Nicki Minaj ignites speculation of feuds with Megan Thee Stallion and Latto, delivering sharp lyrics in FTCU and Fallin 4 U, while collaborating with artists like Drake, J. Cole, and Lil Wayne on the highly anticipated release that dropped on December 8. Key Points
Economic TimesSterling weakens after retail sales shake faith in the UK consumer
International Business News: UK retail sales unexpectedly fell in October, causing concern about the strength of consumer spending. Sales volumes dropped 0.3% month-on-month, foll Key Points
Times Of IndiaOil prices hit 4-month low on concerns about U.S., Chinese economy
By Stephanie Kelly NEW YORK (Reuters) -Oil prices dropped more than 5% on Thursday to their lowest in four months, as investors worried about global oil demand following weak data from the U.S. and Key Points
ThePrintWall St opens lower as yields rise ahead of Powell speech
The Dow Jones Industrial Average fell 52.00 points, or 0.16%, at the open to 33,455.50. The S&P 500 opened lower by 3.53 points, or 0.08%, at 4,284.52, while the Nasdaq Composite dropped 1.34 points, or 0.01%, to 13,217.99 at the opening bell. Powell and Philadelphia Fed President Patrick Hasker will speak at a roundtable discussion, due 11 a.m. ET, with local employers and small business owners on efforts to grow the economy. Key Points
Economic TimesRussia claims it destroyed 11 Ukrainian drones overnight
Russia claimed that it destroyed 11 Ukrainian aerial vehicles overnight by air defence systems on duty. One of the drones dropped 2 explosives on a sub-station. | World News Key Points
Hindustan TimesRupee to fall on bets Fed to remain restrictive despite moderating inflation
The Indian rupee will likely weaken on Friday on expectations that the U.S. Federal Reserve will keep interest rates high despite signs that price pressures are moderating. Key Points
ReutersRupee to recover on pullback in US yields after jobs data
The Indian rupee is expected to recover on Monday on the back of a pullback in U.S. yields and the decline in the dollar after the U.S. economy added fewer jobs than was forecast. Key Points
Reuters
US stocks: Wall Street tumbles to its worst loss in months
International Business News: The Dow Jones Industrial Average fell 1% and the S&P 500 dropped 1.4%, the two indices sustaining their biggest falls since April. The Nasdaq composit Key Points
Times Of IndiaRupee gains for second day tracking Asian peers; premiums inch up
The Indian rupee rose for a second straight session against the U.S. dollar on Tuesday, mirroring similar moves in Asian peers, as risk appetite in the region rose on fresh bets of the Federal Reserve nearing the end of its rate tightening cycle. Key Points
ReutersRupee hits three-week low, forward premiums at lowest since 2011
The Indian rupee declined to a three-week low on Thursday, pressured by a strengthening U.S. dollar, while far forward premiums were hovering near the lowest level since 2011. Key Points
ReutersGlobal markets update: Wall Street slip, crude gains on Russia tensions, rate hike worries
The Dow Jones fell 12.72 points, or 0.04%, to 33,714.71, the S&P 500 lost 19.51 points, or 0.45%, to 4,328.82 and the Nasdaq dropped 156.74 points, or 1.16%, to 13,335.78 Key Points
mintCrude oil prices set to snap two-week losing streak on China demand optimism
Brent futures dipped 17 cents, or 0.2%, to $75.50 a barrel by 0341 GMT, while U.S. West Texas Intermediate (WTI) crude dropped 16 cents, also 0.2%, to $70.46 a barrel. Key Points
Financialexpress
Parineeti Chopra impresses everyone with her singing skills: ‘Couldn’t resist the urge to sing one of my..’
Parineeti Chopra sang one of her favorite songs 'Tu Jhoom'. The actor will next be seen in the film Chamkila. Key Points
The Indian ExpressNCERT drops references to ‘Khalistan’ in Class 12 political science textbook
The changes were made after the Shiromani Gurdwara Parbandhak Committee (SGPC) objected to the references. The committee said on Tuesday that it would study the changes before taking a fresh stand on the issue. Key Points
The Indian ExpressTelcos' cut in channel spends boosts margins
MNP-related trade spends have come down, with telcos now paying around ₹250-280 per port-in to retailers versus over ₹300 some months back, brokerage IIFL Securities said in a report. Likewise, commissions on new SIM activations had also dropped to as low as ₹109-to-149 per mobile connection from ₹179 a few months ago. Key Points
Economic TimesCrude oil prices edge lower after surprise build in US crude, gasoline stockpiles
Brent crude dropped 16 cents to $77.28 a barrel at 0008 GMT, while U.S. West Texas Intermediate (WTI) crude dipped 20 cents to $73.51, paring gains from the previous session. Key Points
Financialexpress