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recession fears becoming a major point of concern for the US stock market in the coming days, due to the incoming Donald Trump administration at the White House in January, things may get even more complex in the coming days. Also Read: Who is Rex Heuermann, suspected serial killer charged with seventh murder in Giglo Beach killings case? The automobile industry's stocks have not been a part of the massive bull run but have maintained a steady rise in the last couple of years, and have also contributed quite well to the top stock indices, as per reports.

New Jersey and other East Coast states during a latest CNN interview while asserting that these drones do not pose a public safety or national security threat, reported Daily Beast. According to Daily Beast, he gradually explained that the drones in question are likely lawful commercial, hobbyist or might be law enforcement drones while emphasizing on the very fact that millions of drones operate legally across the US on a daily basis. John Kirby also noted that federal authorities have recently analyzed more than thousands of tips and sightings which actually concludes that there is no evidence of any illegal activity associated with these drones. Also Read :Elon Musk once called Apple co-founder Steve Jobs a jerk; dubs Apple as Tesla's graveyard; here's all he said about the iPhone maker and its founder

HDFC Bank and ICICI Bank, along with declines in blue-chip stocks like Reliance Industries and Bharti Airtel weighed on the benchmarks. The benchmark BSE Sensex lost 1064.12 points or 1.30% to settle at 80,684.45, while the broader Nifty 50 index closed at 24,336.00, lower by 332.25 points or 1.35%.

Jindal Saw on Tuesday said it has inked a pact to acquire 31.20 per cent equity in ReNew Green Energy. However, the company did not divulge the financial details of this equity acquisition. In a filing, Jindal Saw said, «It has entered into a share purchase agreement with ReNew Green Energy Solutions Private Limited (RGES) to acquire shareholding up to 31.20 per cent equity share capital in ReNew Green MHH One Private Limited (RGMHH), which resulted RGMHH as an associate of the company». The acquisition is with an objective to procure electricity at a concessional rate, the company said.

The annual rate of inflation slowed to 1.9 per cent in November, Statistics Canada said Tuesday.

US Presidential elections 2024. However, as he has finally come to power, his plans of implementing mass deportations is instilling fear in the minds of economists, who are even claiming that there could be some massive trouble for the US economy if Trump decides to go ahead with this plan.

Wall Street's main indexes opened lower on Tuesday, as investors grew cautious ahead of the Federal Reserve's interest rate decision later this week following strong retail sales data that pointed to consumers' continued resilience. The Dow Jones Industrial Average fell 61.0 points, or 0.14%, at the open to 43,656.47.

Wall Street bankers in the last decade, and the Wolf of Wall Street helped popularize the culture. However, with some legal complications around cocaine, bankers are now turning to rapid consumption of Adderall in order to survive their lengthy 90 hours a week work shifts.

demand, according to the All India Sarafa Association. Besides, the US Federal Reserve, which starts its two-day monetary policy meeting on Tuesday, is expected to announce its interest rate decision, which could have an impact on the overall gold performance next year. The precious metal of 99.9 per cent purity ended at Rs 78,350 per 10 grams on Monday.

Retail sales jumped 0.7% last month after an upwardly revised 0.5% gain in October, the Commerce Department's Census Bureau said on Tuesday. Economists polled by Reuters had forecast retail sales, which are mostly goods and are not adjusted for inflation, advancing 0.5% after a previously reported 0.4% rise in October.

US President- elect Donald Trump firmly stated pretty recently that he had a ‘very good talk’ with the Prime Minister from Israel named Benjamin Netanyahu regarding the ongoing war situation in Gaza, reported Reuters. According to Reuters, while having a pretty recent press conference which was held at the Palm Beach located in Florida, Donald Trump again reiterated about his warning that if Hamas does not release hostages latest by the date of January 20, next year, the very day when he again resumes office then, ‘all hell is going to break out’. He also further added that if a ceasefire agreement is not reached by that very date, the upcoming situation ‘is not going to be pleasant’.

Bitcoin, considered part of the so-called 'Trump trade', has gathered pace since the US election outcome as investors have continued to gain confidence in political support for the cryptocurrency.

Starting in September of 2027, all new passenger vehicles in the U.S. will have to sound a warning if rear-seat passengers don’t buckle up

The U.S. Census Bureau is changing how it counts international migration in its annual population estimates

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wealth management firms, has raised $2 million in a funding round led by early-stage venture capital firms Chiratae Ventures and BoldCap. The round also saw participation from investors such as Sparrow Capital, SFMG Wealth Advisors and Better Capital. The funds will be used to enhance and accelerate the product by expanding customisation capabilities, enhancing integrations, scaling partnerships and hiring talent.

Subscribe to enjoy similar stories. As a design brand rooted in travel, TUMI explores a new destination through each of its collection. Its latest autumn/winter 2024 collection, for instance, derives inspiration from Seoul's bold architecture, colourful street culture and innovative mindset.

Subscribe to enjoy similar stories. At a massive semiconductor trade show in Tokyo last week, I watched robots shoot hoops and play table tennis and witnessed an impressive lineup of executives share their visions on everything from quantum computing to artificial intelligence (AI). More than 1,000 companies representing nearly every facet of the supply chain gathered to show off their latest technologies to an estimated 100,000 attendees.

Trudeau’s Cabinet on Monday, citing irreconcilable differences over the country’s response to US President-elect Donald Trump’s tariff threats. The move has deepened a leadership crisis within Trudeau’s Liberal Party, as nearly 60 of its 153 Members of Parliament have called for a change in leadership. Freeland’s resignation marks the first significant dissent from within Trudeau’s Cabinet, further jeopardizing the Prime Minister’s hold on power. Her departure follows Trudeau’s offer to shuffle her to another role, which she rejected, stating, “I have concluded that the only honest and viable path is for me to resign from the Cabinet.”

ICRA expects the domestic gold jewellery consumption (in value terms) to continue its momentum in the current fiscal with an estimated growth of 14-18% Y-o-Y. This follows the sharp increase of 18% in FY2024, which was primarily driven by realisations even as volume growth was subdued. A sharp 900 basis points (bps) cut in import duty in the Union Budget in July 2024 and consequent correction in gold prices for a brief period led to some pre-buying of jewellery as well as bars and coins during Q2 FY2025, which is generally a seasonally weak quarter. While gold prices were volatile, improving consumer sentiments and festive-led demand increased consumption in recent months. This, coupled with a higher number of auspicious and wedding days, and favourable monsoons aiding better rural output, is likely to help jewellery demand growth in H2 FY2025, in ICRA’s view. Revenue growth for organised jewellery in FY2024 had been supported by realisations with gold prices rising by ~14% YoY. The same trend is expected to continue this fiscal as well. So far in the current fiscal, the average gold price has risen by a sharp ~25% vis-à-vis FY2024 average price, despite occasional corrections – first, after the cut in customs duty in late July 2024 and then in November 2024, following the US elections and currency movements. The evolving global economic and geopolitical scenario and rising investment demand for gold have stimulated the continuing uptick in gold prices for the last seven quarters.

Bitcoin (BTC), the world's largest cryptocurrency by market value, soared to a record high above $106,000 on Monday after US President-elect Donald Trump proposed creating a Bitcoin strategic reserve similar to its strategic oil reserve, stoking the enthusiasm of crypto investors. BTC reached an all-time high of $106,533 and was trading 2.2% higher at $104,646 in the past 24 hours as of 10:07 AM IST. Ethereum, the second-largest cryptocurrency, also rose 1.5%, trading at $3,954 during the same period.