Usa Financial News

Oil and Natural Gas Corporation (ONGC ltd) share prices declined up to 1.31% on the BSE in morning trades on Monday Oil and Natural Gas Corporation (ONGC) released its July-September quarter results for fiscal 2023-24 (Q2FY24) on Friday, November 10, post market hours. ONGC reported a surge of 142 per cent in consolidated net profit at ₹16,553 crore, compared to ₹6830 crore in the corresponding period last year. The state-run petroleum giant's revenue from operations during the second quarter of the current fiscal stood at ₹146,873.73 crore, registering a decline of 13 per cent, compared to ₹168,656.12 crore in the year-ago period.

BitMEX founder Arthur Hayes believes that Bitcoin will outperform bonds during times of war, despite a potential initial sell-off.

A Hong Kong lawmaker has proposed to incorporate Bitcoin trading into the city’s licensed exchanges in the revived investment immigration program.

rupee ended at a record low at 83.34 a dollar. The local unit had hit its lifetime low of 83.42 to the dollar during the session. Also Read: Retail investors should avoid trading in derivatives, says NSE chief Ashish Chauhan Persistent outflows of foreign funds and a weak trend in the domestic equities weighed on the local unit, forex traders said.

President Biden turns 81 on Nov. 20, and polls show that Democrats are increasingly worried about his mental and physical decline. But the incumbent has another age problem: Donald Trump is running on par with him among young voters.

Crypto exchange Bithumb plans to become the first digital asset company to go public on the South Korean stock market. 

recession, but getting inflation back to normal levels may take several years, according to the International Monetary Fund. The growth outlook in Asia looks sour as China struggles to lure foreign investment, Hong Kong growth lags behind and Indonesian exports deteriorate. In the US, inflation expectations continued to climb as consumers anticipated higher gas prices. Separate data from the Census Bureau show how inflation is still inflicting significant financial stress for many Americans. Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy: Europe Europe’s economy is unlikely to crash — even as a more-than yearlong bout of interest-rate increases tames inflation, according to the IMF.

Jubilant Pharmova (formerly Jubilant Life Sciences Limited) witnessed a 6.45% surge in its share price, reaching ₹438.90 apiece during early trade on Monday after the company's Radiopharma business received ANDA approval for Technetium Sulfur Colloid Injection. The company, in an exchange filing on Friday, said that "Jubilant Pharmova Limited’s wholly owned subsidiary Jubilant Draximage Inc.

NBC News reported. As per the report, two people got injured in the incident, including one police officer before the suspect was fatally shot by SWAT officers. The NBC News report mentioned that at around 1:20 pm (IST) on Sunday, the Austin Police Department received a call from a woman who was screaming and said someone was stabbing her.

AustralianSuper, the biggest shareholder in Origin Energy, has swiftly rejected an eleventh-hour offer to join Brookfield and EIG in their agreed $20 billion takeover of the major electricity supplier, leaving the deal hanging by a thread.

$553 million investment from the United States government for its West Container Terminal in Colombo, Sri Lanka, Karan Adani, CEO of Adani Group told reporters Adani Ports is eyeing further “opportunities in our neighboring countries", Bloomberg reported. Speaking to reporters in Colombo Adani also said the US financing, backed by the International Development Finance Corporation, is a "reaffirmation" of international support for the Indian conglomerate's companies. According to Adani, the neighbouring countries include potential ventures in Bangladesh, Vietnam, and Tanzania, besides the existing plans in Sri Lanka and Israel.

AFP. Asked whether there is a potential deal to free more of the hostages being held by Hamas militants, Netanyahu replied: "There could be." However, he did not elaborate on any potential strategy that may be implemented to release all or part of the 239 captives that Israel claims are being kept. "I think the less I say about it, the more I'll increase the chances that it materializes," he added. Meanwhile, Netanyahu has flatly rejected calls for a ceasefire in Gaza without the release of the hostages.

World Cup 2023 top run-scorers: Virat Kohli climbs to 1st position as Shreyas Iyer enters top 10; check others on list Jaishankar and his wife, Kyoko Jaishankar also offered prayers at the BAPS Shri Swaminarayan Mandir (Neasden Temple) in London during his UK visit. The BAPS Shri Swaminarayan Mandir is Europe's first authentic and traditionally built Hindu temple. Taking to his official handle on X, EAM Jaishankar shared details about his meeting with the UK PM.

Craft brewer Mountain Culture Beer Co is looking to leverage industry acclaim and accept outside capital for the first time, putting it within reach of a $70 million valuation.

It’s not just Gina Rinehart’s Hancock Prospecting that seems keen on Brazilian Rare Earths, the South American resources play that is counting down the days to a $314 million listing on the ASX. Whitehaven Coal, one of the country’s largest coal miners, is lurking on the register, sources say.

Investing.com — US stock futures experienced marginal decreases during Sunday's evening trade after Moody's (NYSE:MCO) Investors Service revised its US credit rating outlook from stable to negative.

By Phil Stewart and Suleiman Al-Khalidi

(Reuters) -China is considering resuming purchases of Boeing (NYSE:BA)'s 737 Max aircraft when the U.S. and Chinese presidents meet this week at the APEC summit, Bloomberg News reported on Sunday, citing people familiar with the matter.

₹500 crore in funding. This is a testament to the enduring allure of sound business models and strong execution capabilities, even as venture capital has become a whole lot more expensive and scarce than in the prolonged period of near zero policy rates in the US, and more mature startups fail to get additional funding, thanks to an overvaluation overhang. The US Fed began raising its policy rates in March 2022, in response to rising inflation, amid expectations that the rate rising practice would continue for months on end.

Nifty index was not able to breach above the key level of 19,500. Though cues from the Fed Chair's speech have reduced the likelihood of a rate hike in the near term, leading to an ease in US treasury yields and calming the market, he said. However, headline inflation remains above the US central bank's target.

Analysts expect the current bullish momentum to continue in the near future, albeit with some hiccups on the way. «We believe India would continue to shine and expect markets to maintain its outperformance in Samvat 2080. Over the next couple of quarters, sector rotation would be an important driver along with the overall market uptrend,» said Motilal Oswal, MD and CEO, Motilal Oswal Financial. Here's breaking down the pre-market actions: STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a positive start GIFT Nifty on the NSE IX traded higher by 18.5 points, or 0.09 per cent, at 19,559, signaling that Dalal Street was headed for positive start on Monday.