World Markets today: US stocks trade flat, Intel down 6-week low, slumps 12%
As of 9:49 a.m. ET, the Dow Jones Industrial Average demonstrated a gain of 36.03 points, equivalent to a 0.09% increase, reaching 38,085.16. Key Points
mintJapan PM Fumio Kishida 'to sack deputy finance minister' over delinquency on tax payments
Report of Kenji Kanda’s firing comes in the backdrop of poll by broadcaster FNN which shows approval rating for Kishida’s cabinet reaching a record low of 27.8%, 7.8 points below last month. Key Points
ThePrintSensex surges to record high, driven by RBI's growth forecast
The S&P BSE Sensex surged by over 1,600 points, reaching an all-time high of 76,795.31, while NSE Nifty50 also gained 2.07% to 23,294.2. Key Points
India TodayBitcoin near $54,000 mark, the highest in two years
Bitcoin saw a rise of up to 3.5 percent, reaching $53,600. The last time it traded at this level was in December 2021 when it achieved an all-time high of almost $69,000 the preceding month. Key Points
mintWPL: UP Warriorz beat Mumbai Indians by 5 wickets
The UP side chased down the target of 128 with three balls to spare, reaching 129 for 5 in 19.3 overs. Grace Harris top-scored for UP Warriorz with 39 while Tahlia McGrath contributed 38. Key Points
Economic Times
Inflation watch: No RBI pivot just yet
Unless inflation shows signs of durably reaching 4%, RBI is unlikely to shift focus to perking up the economy with cheaper credit. In any case, economic growth has been robust. Key Points
mintWatch: Sonia Gandhi takes boat ride in Srinagar, to join Rahul Gandhi
Sonia Gandhi took a boat ride in Nigeen Lake after reaching Srinagar on Saturday. Rahul Gandhi is staying at a houseboat in Nigeen Lake. | Latest News India Key Points
Hindustan TimesLarge-caps likely to outperform mid- & small-caps in Samvat 2081
Unique investors on the NSE rose by 2.14 crore since last Diwali, reaching a record high of 10.37 crore as of September 30, 2024. However, Indian markets may not be able to replicate the returns of the past year unless foreign investors come back strongly. Large-cap stocks may outperform mid-caps and small-caps. Key Points
Economic TimesJapan's new birth rate hits all-time low in 2023 as demographic woes deepen
The data revealed a 5.1% decline in the number of births from the previous year, reaching 758,631. Key Points
Business TodayWhen 'Talat Mania' gripped the world
Read about the incredible journey of Talat Mahmood and his world tours that captivated audiences everywhere. Explore his concerts in East Africa, West Indies, and the UK, and discover the impact he had on music lovers worldwide. Key Points
Times Of India
Australian Open 2024: Mirra Andreeva, Aryna Sabalenka and other winners of today's match
Expressing her joy, Andreeva, the last remaining 16-year-old in the Melbourne draw, revealed that playing against Jabeur was a dream come true. Her swift rise in the tennis world has been marked by fearlessness on Grand Slam stages, reaching the last 16 at Wimbledon and the Madrid Open last season. Key Points
Economic TimesIndia’s forex reserve surges by $5.08 billion to $595 billion: RBI data
Forex reserves of India have witnessed a surge by $5.077 billion, reaching a total of $595.397 billion, according to the latest data released on Friday by the Reserve Bank of India (RBI). Key Points
mintJack Ma's family trust to sell Alibaba shares amid US export curbs
US News: Alibaba Group Holding reported a 9% increase in revenue for Q3, reaching 224.8 billion yuan ($31 billion), in line with market expectations. However, Key Points
Times Of IndiaMCX reports increased market share; total revenue up 8% to 166 crores in Q1 FY23-24
During the quarter that ended June 30, 2023, MCX's total income witnessed a notable rise of 8 per cent, reaching Rs 166 crore as compared to Rs 154 crore in the sequential quarter that ended on March 31, 2023. Moreover, the operating income exhibited a growth of 9 per cent and stood at Rs 146 crore, up from Rs 134 crore in the previous quarter (Q4 FY22-23). Key Points
Business TodayL&T Finance Q1: Surpasses targets with record Q1 profits and rapid retail expansion
L&T Finance Holdings reported a 103% growth in Q1FY24 profit, reaching Rs. 531 crore. The company achieved its Lakshya 2026 goal and saw strong retail disbursements. The PLANET app has surpassed 44 lakh downloads. The wholesale book has been reduced by 65% YoY. Key Points
mint
King Charles just lost 500 million pounds. The reason will shock you
The official royal spending increased by 5 per cent during the last financial year reaching £107.5 million. | World News Key Points
Hindustan TimesTraders continue to bet on rate divergence; rupee remains sideways to bearish
The Indian Rupee showed some strength at the start of June, although historical trends suggest a bearish outlook, and India's forex reserves have declined for two consecutive weeks, reaching $589.14 billion. Key Points
Financialexpress