Usa Financial News

₹5,806 crore worth of Indian equities and the total inflow stands at ₹1,525 crore as of November 10, taking into account debt, hybrid, debt-VRR, and equities, according to National Securities Depository Ltd (NSDL) data. FPIs have reversed the prior three-month trend of sustained buying and emerged net sellers in September and October. Surging US bond yields have been the major reason for FPI outflows since last month, according to analysts.

(ISRO) and project director of lunar mission Chandrayaan-3, has donated away ₹25 lakh – an amount equivalent to his two years' salary – received as prize money. "My conscience was not permitting me to take this large amount of award money, hence donation was the best option," NDTV quoted Veeramuthuvel as saying. The amount was awarded to him by the Tamil Nadu government, as a mark of appreciation for his efforts in the successful landing of the rover on the Moon's surface.

stocks as oil prices fell, even as hawkish US Federal Reserve remarks reignited rate worries and dragged Asian peers. The NSE Nifty 50 index added 1.01% for the week, while the S&P BSE Sensex gained 0.84%. Here's how analysts read the market pulse: «Nifty exhibited volatility throughout the day, rebounding above the 21-day exponential moving average (EMA). However, the substantial Open Interest (OI) buildup at 19500, particularly from Call writers, suggests a protective barrier that may impede further upward movement for Nifty.

China have created a game of «catch me if you can» with US chip giant Nvidia and other companies, which affect the interests of both countries and will accelerate Chinese innovation, the Global Times newspaper said on Saturday. The chip industry newsletter SemiAnalysisas reported earlier that Nvidia plans to release new artificial intelligence chips aimed at the Chinese market less than a month after the US tightened rules on selling high-end AI chips to China.

By Nidal al-Mughrabi

selling spree in the Indian market, pulling out their money for 9 weeks in a row. In fact, this is the 3rd largest selling streak by FIIs since the year 2000. They have withdrawn Rs 39,794.6 crore in this streak.

Hamas's devastating attacks on October 7, Israel's intelligence ministry produced a chilling document. It advocated that Israel remove all of Gaza's Palestinian population and forcibly resettle them in the Egyptian Sinai Peninsula. In November, a poster advertising a far-right rally in Tel Aviv juxtaposed an image of two cherubic Jewish-Israeli children on a beach (presumably in a vision of a future Gaza) with the ominous policy prescriptions of “occupy, expel, settle”. Most worryingly, a cabinet minister suggested that Israel could use nuclear weapons against the Gaza Strip.

Attorney John Deaton, representing XRP holders, has made a persuasive case in the Ripple vs. SEC legal saga, suggesting that the anticipated $770 million disgorgement for Ripple is improbable. He grounds his prediction on various influential factors that could sway the court’s judgment.

previous support of former United States President Donald Trump, expressed his surprise at the perceived chaos and danger of the Trump administration. Speaking to The Atlantic on November 9, Thiel stated that the Trump administration was "crazier" and "more dangerous" than he had anticipated. He donated $1.25 million to Trump and Trump-affiliated political funds eight years ago.

Stock market news: As Diwali 2023 is fast approaching, stock market experts and investors are busy finding out investment options that may generate alpha return in long term. For such retail investors mulling to make new investment on Diwali 2023 Muhurat trading, they are advised to know the levels of key benchmark indices or say Nifty 50 and BSE Sensex.

Diwali, has begun and is being celebrated around the world. During the five-day Diwali festival, people take part in festive gatherings, fireworks, feasts, and prayer. Apart from this, various rituals are followed with Goddess Lakshmi, and several other Gods and Goddesses are worshipped.

India and the United States pledged to strengthen their strategic alliance by enhancing defence and security collaborations and expanding cooperation in the Indo-Pacific region in response to China's growing military assertiveness on Friday. Additionally, they unveiled intentions to collaborate on the joint production of an armoured infantry vehicle.

The CEO of blockchain company Ripple has some strong words for the U.S. Securities and Exchange Commission.

Fitch Ratings predicts that higher-than-expected oil prices, stemming from potential disruptions in the Middle East's oil supply due to conflicts, could significantly impact global economic growth and lead to a surge in inflation. According to Fitch's Global Economic Outlook (GEO), a scenario with average oil prices of USD 75 per barrel in 2024 and USD 70 per barrel in 2025 could be upended if oil prices spike to USD 120 per barrel in 2024 and USD 100 per barrel in 2025 due to supply restrictions. The simulations, conducted using the Oxford Economics Global Economic Model, reveal a potential 0.4 percentage point (pp) reduction in world Gross domestic product (GDP) growth in 2024, with a lingering 0.1 pp lower growth in 2025. Despite the modest rebound anticipated in 2025, Fitch suggests a persistent moderate impact beyond the initial shock. The impact of higher oil prices would be felt across the board, with the absence of significant growth rebound in 2025 indicating a potentially longer-lasting effect on GDP levels in most countries. Notably, the negative growth impact in 2024 ranges from 0.1 pp in Indonesia to a substantial 0.9 pp in Korea, with the US, the Eurozone and Japan experiencing impacts of 0.5 pp. Emerging market countries like South Africa and Turkey would face significant impacts of 0.7 pp, while Russia and Brazil, owing to their reliance on oil production, would experience varied effects. The aggregate impact on the Fitch 20 suggests a global GDP growth shortfall of 0.4 pp in 2024 and 0.1 pp in 2025. Moreover, higher oil prices would lead to elevated inflation rates in 2024, with India, Turkey, and Poland experiencing the highest percentage point rises. Developed economies would witness more

Defense Secretary, Lloyd Austin, announced on Friday that India and the US are set to collaborate on co-producing infantry combat vehicles, marking a crucial step in their defense industrial cooperation. This announcement comes in the backdrop of both nations intensifying their strategic ties in response to China's growing military assertiveness. During the '2+2' ministerial dialogue, Austin highlighted ongoing efforts to expedite the delivery of MQ-9B drones to India from the US.

Nonprofit ethics group Campaign for Accountability (CfA) sent a letter to U.S. Senators Elizabeth Warren and Sherrod Brown on Nov. 9 to present them with information on the alleged use of cryptocurrency in money laundering. The letter discussed the Tron blockchain and stablecoin issuer Circle in particular.

A Colorful World.’ -Falguni Shah is a singer, songwriter, and also the 1st South Asian woman to win a Grammy. -She is renowned ability to seamlessly blend a signature modern inventive style with a formidable Indian classically-trained vocal talent. -Shah been a Carnegie Hall’s ambassador of Indian Music since 2006.

Indian Navy veterans sentenced to death by a court in Qatar On June 1, 1954, November 11th was designated as Veterans Day, a day dedicated to honouring American veterans from all wars. Prior to this, it was known as Armistice Day, commemorating the end of World War I in 1918.

Gaza bombardment. Taking to X, she said, “We demanded accountability and it is saddening that the best the White House could come up with is, 'Everyone has their opinion, we respect folks' opinion, and that is her opinion.'" Also Read: Canadian poet Rupi Kaur rejects Biden's Diwali invitation over Israel support, says 'Govt's actions dehumanize people' Kaur further added, “'Everyone has their opinion...and that is her opinion' is a disingenuousness, gaslighting response to ‘Your government is helping to enable a Genocide with American tax dollars and we are asking you to stop.'" Kaur slammed the Biden administration and noted, “Shame that this administration does not have compassion for both Palestinian and Israeli lives lost.

A near 8% surge in the price of Bitcoin (BTC) in the past seven days has seen its market capitalization jump by more than $50 billion to above $700 billion for the first time in seventeen months.

Showing concern, author of the study Volker Radeloff said, «Fire risk has risen, but development patterns have not changed.» In the past three decades, the unabated housing growth has exposed 47 per cent of homes to wildfires. Moreover, another 53 per cent have come into the expanded burned areas and 11.3 per cent homes which were within the fire perimeters were destroyed. Meanwhile, authors from the University of Wisconsin in the study stated, «During the 1990s and 2000s, the WUI was the fastest-growing land cover type in the U.S.» The study said that California and Texas have a large number of homes in WUI.