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rupee fell to its lifetime closing low on Thursday and was the worst performer among key Asian peers in November which have rallied amid a slump in US yields and the greenback. Likely intervention from the Reserve Bank of India limited further downside for the local unit on Thursday, five traders said. The rupee ended at 83.3950 against the US dollar, lower by 0.08%, compared with its previous close at 83.3250. The local unit posted a slight monthly loss of 0.1%. The central bank «mildly» sold dollars, while a large foreign bank was seen on the buying side, likely on behalf of custodial clients, a foreign exchange trader at a private bank said. The dollar index was last quoted higher at 103.14 but appears on course to register a monthly decline of more than 3%, its sharpest monthly fall in a year. Most Asian currencies jumped on the back of lower U.S.

Uganda secured its place in a global cricket tournament for the first time Thursday after beating Rwanda in African qualifying for next year's T20 World Cup. The country of 50 million in East Africa got into the expanded 20-team competition, being co-hosted by the West Indies and the United States in June, at the expense of Zimbabwe — an established cricketing nation. Uganda defeated Zimbabwe by five wickets on Sunday for its first ever win over a Full Member team in a T20 international, and followed that up by dismissing Rwanda for 65 then reaching its target in 8.1 overs in Windhoek, Namibia. Namibia has also advanced through African qualifying to complete a lineup of teams that also contains Oman, Nepal, Papua New Guinea and Canada.

Gurpatwant Singh Pannun, the Khalistani separatist and Indian-origin citizen of the US and Canada, is in the spotlight after the US law enforcement authorities on Wednesday announced the filing of a «murder-for-hire» charges against Indian national Nikhil Gupta in what they said was a «foiled plot to assassinate» Pannun in New York City allegedly supervised by an Indian government official. Pannun has been the most vocal proponent of Khalistan in recent years, holding Khalistani referendums in Western countries and announcing rewards to Indian SIkhs for writing Khalistani graffiti and hoisting Khalistani flags. A designated terrorist wanted in India in nearly two dozen cases related to terror and sedition, Pannun has emerged as the biggest figurehead of the Khalistani movement, threatening India and Hindus with impunity, even threatening obliquely to blow up Air India flights recently. Read More:'Matter of concern,' New Delhi says as US indictment names Indian on Khalistani Pannun's murder plot charges Pannun started out as an eccentric activist, who would file cases in American courts against visiting Indian politicians for their alleged role in the 1984 Sikh riots, and has now become the most reocgnised face of the global Khalistani movement. The beginning of Pannun “Children often bring pride to their village or towns, but Gurpatwant has besmirched its reputation with a tag of a terrorist's village and brought us shame,” Sarjan Singh, a resident of Pannun's ancestral village Khankot, on the outskirts of Amritsar in Punjab, had told TOI three years ago.

Binance, an official said Thursday, as part of a crackdown on online trading platforms operating in the country without licences. The Securities and Exchange Commission (SEC) announced Tuesday that Binance was not registered in the Philippines and therefore not authorised to sell or offer securities in the country.

Forex liquidity and currency swaps are hard to access for many in Africa, which limits the use of United States dollar-based services in the continent’s import-dependent economies. This creates a vacuum that decentralized finance (DeFi) could solve, leveraging cryptocurrencies, blockchain networks and services, according to the CEO of Canza Finance, Pascal Ntsama IV.

In another attempt to expand its business internationally, online trading platform Robinhood has announced plans to launch its stock exchange application in the United Kingdom. 

Also Read: Why silver outshined Nifty 50, gold in November 2023 — explained The projection of gold reaching $2,400 in 2024 is intricately tied to a complex web of economic, geopolitical, and market dynamics. These factors collectively paint a picture of gold as a resilient and sought-after asset, offering stability and value in the face of a myriad of global uncertainties, Kedia Advisory said in a report. Kedia lists out certain key factors that may lead to further rally in the gold prices.

Ministry of External Affairs (MEA) Spokesperson Arindam Bagchi on Thursday said that the case against an individual that has been filed in a US court, allegedly linking him to an Indian official, is a ‘matter of concern’. As reported by ANI, Bagchi said, "As regards the case against an individual that has been filed in a US court, allegedly linking him to an Indian official, this is a matter of concern.

Nvidia’s dream run in recent months. The company became the seventh member to join the trillion-dollar club earlier this year. The company defines itself as the world leader in artificial intelligence (AI) computing.

Man Infraconstruction. These institutional investors invested in Man Infraconstruction company via preferential offer route. The board of directors of the company approved share allotment to these fund houses at a price of ₹155 per share.

State Antony Blinken on Thursday said that a temporary truce between Israel and Palestinian militant group Hamas had produced results and that the United States hoped that it continued. Sitting beside Israeli President Isaac Herzog, Blinken said Washington was focused on helping to secure freedom for hostages taken to Gaza during an Oct. 7 attack during which Israel says Hamas killed 1,200 people and kidnapped 240.

Henry Kissinger for his «historic contributions» to China-US ties, describing him as an «old and good friend of the Chinese people». Kissinger «had long been concerned about and supported the development of China-US relations, visiting China more than a hundred times and making historic contributions to promote the normalisation of China-US relations», foreign ministry spokesman Wang Wenbin said. «During his life, Dr. Kissinger attached great importance to China-US relations and believed that they were vital to the peace and prosperity of the two countries and the world,» Wang said. Kissinger, a former US secretary of state whose unapologetic promotion of raw American power helped shape the post-World War II world, died on Wednesday. In China he is granted the sobriquet of «old friend of the Chinese people» for his part in establishing ties in the 1970s and helping bring the country out of its Mao-era isolation. Chinese leader Xi Jinping, who met Kissinger in Beijing in July, has sent a message of condolence to US President Joe Biden over his death, Wang said. Premier Li Qiang and Foreign Minister Wang Yi have also sent messages of condolence, he added. «Both China and the United States should inherit and carry forward Dr.

Henry Kissinger, who died on November 29, at age 100, greatly influenced global affairs under Presidents Richard Nixon and Gerald Ford between 1969 and 1977, garnering both vilification and the Nobel Peace Prize. However, there were many incidents which reflected his hatred towards India. Kissinger was born May 27, 1923, in Fürth, Germany, and fled Nazi Germany with his family in 1938.

Ashwini Agarwal, Founder, Demeter Advisors, says the market is kind of ignoring the elections which is always a very dangerous thing to do. You may be right that the market is kind of discounting a good outcome for the BJP and that may or may not happen. So, yes, that is an issue. But, having said that, even if there is a little bit of a shakeup, history tells us that state elections and central elections are very different things and so to extrapolate what happens at the state level as an outcome for the general elections in the middle of next year might be a mistake.” So far so good. A party which started just before Diwali, looks like it still has got some more legs left. I agree with you. The party looks likely to continue for the simple reason that market has been climbing a wall of worry and if we turn the clock back a couple of months, the worry was on the interest rate environment, on inflation and slower growth and suddenly the narrative seems to have changed that inflation is moderating, interest rates have come off in the US if 10-year government bond yields are to be observed.

Dozens of South Korean and U.S. combat engineers build a pontoon bridge to ferry tanks and armored vehicles across the water, all within easy range of North Korean artillery. For seven decades, the allies have staged annual drills like this recent one to deter aggression from North Korea, whose 1950 surprise invasion of South Korea started a war that has technically yet to end. The alliance with the United States has allowed South Korea to build a powerful democracy, its citizens confident that Washington would protect them if Pyongyang ever acted on its dream of unifying the Korean Peninsula under its own rule. Until now.

Fashion group SMCP, owner of French fashion labels Sandro and Maje, said on Thursday it signed a deal with Reliance to expand into India and will join other high-end European brands opening stores in the Jio World Plaza mall in Mumbai. «There aren't a lot of accessible luxury fashion labels in India so we think it's time to be pioneering,» said SMCP CEO Isabelle Guichot, citing India's wealth and growing population of younger generations among reasons for entering the country. After years of testing the Indian market with outlets in luxury hotels, high-end European labels are seeking to expand their retail presence there to tap its strong economic growth and a rapid rise in the number of local millionaires. SMCP did not disclose the financial terms of its partnership with Reliance Brands, which will become the exclusive distributor in India of Sandro and Maje. Reliance plans to open around 10 stores selling the SMCP brands in the next three to five years, said Guichot, starting with the mall in Mumbai developed by Indian tycoon Mukesh Ambani. Reliance Brands, a subsidiary of Ambani's Reliance Retail Ventures, has partnership deals with dozens of high-end European and American labels, including Bottega Veneta, Burberry, Valentino and Tiffany.

₹4,687 crore in November so far. State election outcomes, interest rate trajectory in the US, and geopolitical issues are some of the key factors that will move the market in December. "Favourable outcome of state elections, reinforcement of the belief that the top of rate hike cycle is behind us globally and any favourable development in the two geopolitical conflicts are some factors that can take the Nifty higher in December," said Deepak Jasani, Head Retail Research, HDFC Securities.

Israel and Hamas will continue, both sides said Thursday, moments before the deal was due to expire, though details of any official agreement remained unclear. Minutes before the halt in fighting was due to expire at 0500GMT, Israel's military said the "operational pause" would be extended, without specifying for how long.

murder-for-hire charges for an attempt to kill Khalistani separatist and leader of banned Sikhs For Justice (SFJ) outfit Gurpatwant Singh Pannun on American soil. The development comes just hours after India announced they have formed a high-level probe committee into security concerns shared by the US during the recently concluded bilateral meet. -- The US Justice Department has filed charges against an Indian national for an alleged plot to assassinate a US-based leader of the Sikh Separatist Movement and a citizen in New York.

Nifty 50 reclaiming the psychological 20,000 levels, silver price rally outshined 50-stock index in the month of November. In November till date, silver price has rallied to the tune of 6 per cent in domestic market whereas in international market, the precious white metal has risen more than 9 per cent, a return which is much higher than public providend fund (PPF) or bank fixed deposit (FD) returns.