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Exciting news! Mint is now on WhatsApp Channels :rocket: Subscribe today by clicking the link and stay updated with the latest financial insights! Click here! On Friday, the US stock market indices fell on rate hike fears. The S&P 500 slipped 9.94 points, or 0.2%, at 4,320.06. The Dow Jones Industrial Average fell 106.58 points, or 0.3%, at 33,963.84.

NEW DELHI : Domestic markets are not far ahead of fundamentals, and there is opportunity for strong earnings growth for several years, Nirav Sheth, chief executive officer, institutional equities at Emkay Global Financial Services Ltd, said in an interview. Barring consumer staples and commodities, he is positive about most sectors including banks, but with varying levels of confidence. Edited excerpts: Does the valuation comfort persist in the markets or is it time to book profits? Markets are not far ahead of fundamentals.

Virginia Lenore MacColl, who, at the age of 71, has received the title of world’s oldest female ninja by Guinness World Records. In a true testament to the saying «Age is just a number,» MacColl has shattered stereotypes and proven that determination knows no bounds.

Potomac Wealth Advisors President and founder Mark Avallone argues the stock market will rally despite disappointing Fed news on 'Varney & Co.'

Coinbase has secured an Anti-Money Laundering (AML) compliance registration from the Bank of Spain, making it a registered crypto exchange in the country.

Reuters quoted PBOC adviser Liu Shijin, saying the Asian country has limited room for further monetary policy easing. Shijin, a member of the People's Bank of China's (PBOC) monetary policy committee, opined that Beijing's room for monetary policy easing was limited by widening interest rate differentials with the US.

NASA's (National Aeronautics and Space Administration) seven-year space probe's voyage came to a climactic end on Sunday when the US space agency's first asteroid samples fetched from deep space parachuted into the Utah desert. The capsule was carrying to Earth the largest asteroid samples ever collected. Notably, Japan, the only other country to bring back asteroid samples, gathered about a teaspoon in a pair of asteroid missions.

Also Read: IPOs This Week: JSW Infra IPO to Arabian Petroleum IPO; 16 new issues, 8 listings to keep primary market buzzing On Friday, domestic benchmark indices Sensex and Nifty settled lower for the fourth consecutive session, amid weak global cues as the US Treasury yields rose to their multi-year high levels and crude oil prices rose by about a per cent, weighing on investors' sentiment for riskier equities. Nifty 50 closed with a loss of 68 points, or 0.34 per cent, at 19,674.25 while the Sensex ended at 66,009.15, down 221 points, or 0.33 per cent.

Canadian authorities have not stopped issuing visas to Indian nationals looking to enter the north American country. This comes even though India's foreign ministry has suspended issuing visa to any Canadian citizen, irrespective of their domicile. India and Canada have found themselves at diplomatic logger heads, as Canada's Prime Minister Justin Trudeau levied ‘credible allegations’ that Indian government and India's intelligentsia was involved in the killing of Khalistani terrorist Hardeep Singh Nijjar in British Columbia's Surrey in June, 2023.

Mint sat down with Delaporte for an interview, at Wipro’s office in Gurugram, the company announced that its chief financial officer (CFO) Jatin Dalal had resigned. Dressed in white JM Weston sneakers, blue jeans, and a white shirt, Delaporte appeared unfazed by the exits and defended his leadership style. Wipro is in the middle of a ‘tough’ transformation and people not aligned with the company’s objectives leave, he said.

Apoorva Mehta, more than a decade ago, is now a publicly traded company on the US stock exchange Nasdaq.Instacart, the San-Francisco-based startup, listed its shares on the Nasdaq on Tuesday at $30 a piece, aiming to raise $660 million at a valuation close to $10 billion. Although its market value at public listing was only a fraction of its 2021-valuation of $39 billion, the IPO coincides with a resurgence of optimism from tech companies towards the public market.

Yudh Abhyas" is set to begin in the United States of America, an official statement said on Sunday. It will be conducted from September 25 to October 8 2023 in Fort Wainwright, Alaska, USA, the official statement added. It is an annual exercise conducted jointly by the Indian Army and the United States Army. In 2022, the 'Yudh Abhyas' was carried out in Uttarakhand's Auli. «Indian Army contingent comprising of 350 personnel will participate in this edition of the Exercise. The lead battalion from Indian side is affiliated to Maratha Light Infantry Regiment.

The I2U2 - Israel, India, UAE, and the United States - announced a new initiative on space cooperation this month on the sidelines of the UN General Assembly session in New York. The four-nation grouping, termed the “West Asia Quad" by some, has attracted attention in recent years. Mint looks at what I2U2 is.

Shein is sending more low-priced apparel and home goods to US warehouses from China to speed up shipping times for shoppers, according to data from global trade analysis firm ImportGenius provided exclusively to Reuters. Shein, known for its $10 tops and $5 biker shorts, until recently has made many American purchasers face wait times of up to two weeks or more to receive their goods. This, say analysts, has put the fast-fashion e-tailer at a competitive disadvantage to bigger rivals such as Target, Walmart and Amazon.com, particularly during the holiday shopping season.

Piper Sandler Chief Global Economist Nancy Lazar explains why the economy will get worse before it gets better on ‘Maria Bartiromo’s Wall Street.’

LG Chem Ltd has entered a partnership with China's Huayou Group's subsidiary Youshan, it said on Sunday, to build a joint electric vehicle (EV) battery material plant in Morocco to diversify its portfolio. Huayou has joined the growing number of Chinese electric vehicle and battery companies seeking to expand overseas to get closer to their foreign clients and benefit from local incentives.

Here's how analysts read the market pulse: «Nifty has now fallen below the critical 21-day Exponential Moving Average (21EMA). The sentiment appears bearish at this point, with a key support level identified at 19,600.

Over the past 24 hours Wall Street Memes token has raised $1.4m, and there are only a maximum of 24 hours left for the last chance to buy $WSM at the lowest prices. 

India’s image as a leading space technology player and reaffirming its position as an attractive investment destination. India is just the fourth country after the US, Russia, and China to achieve a soft landing on the moon, and at a reasonable cost of $75 million. India’s space economy is expected to grow to $12.5 billion by 2025. The multiplier effects of space technology expertise will spill over into component manufacturing, satellite systems, telecom, and assembly, and most importantly, it will create highly skilled and high-paying jobs. India is making its entry into another high-skill Industry — semiconductors.

Ramsey Solutions financial expert George Kamel on how to take charge of your retirement. 

Canada developed the most definitive intelligence that led to Prime Minister Justin Trudeau to make allegations against India, triggering a diplomatic standoff, The New York Times reported citing Western allied officials. In the aftermath of the assassination of Hardeep Singh Nijjar, US intelligence agencies shared context with their Canadian counterparts, contributing to Canada's determination of India's role in the incident. However, what appears to be the crucial piece of evidence, intercepted communications involving Indian diplomats in Canada, indicating their involvement in the plot, was collected by Canadian officials, as confirmed by allied officials, according to the report in the NYT. While US Secretary of State Antony J Blinken has called upon India to cooperate with the Canadian investigation, US officials have been cautious about triggering any diplomatic backlash from India.