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Sensex has lost over 7,700 points in a matter of just 5 weeks or 25 trading sessions. After hitting a record high of 85,978 points on 27 September, Sensex fell for four consecutive weeks before consolidating in the Diwali week. Ahead of two key events — the US election and the Fed meeting — traders chose to opt for a risk-off mode on Monday when the Sensex fell nearly 1,500 points. Nifty fell about 2% to 23,800 — its lowest level since August 6.

Subscribe to enjoy similar stories. As the rich world ages and faces chronic labour shortages, even as productivity slows, the silver generation—those over the age of 50 years—can be a valuable demographic group. Not only to overcome these challenges, but also transform the way society functions.

Welspun Corp Ltd (WCL) on Monday said it has bagged two new orders in the US worth Rs 1,300 crore for supplying specialised pipes for natural gas pipeline projects. It aims to execute the order for Helical Submerged Arc Welded (HSAW) pipes in the financial year 2025-26, the company said in an exchange filing. «Our outlook for the USA market remains extremely positive. We have also participated in a few more projects and are favourably placed in additional 1-2 large projects,» the company said. Part of USD 5 billion Welspun World, Welspun Corp is primarily engaged in the business of manufacture and distribution of steel and steel products.

Donald Trump's standing in prediction markets has declined significantly in the past week, while Kamala Harris has seen a surge in support. Prediction provider PredictIt now prices Harris's chance of winning at 54 cents, up from 42 cents a week ago. Trump's price has dropped to 51 cents from 60 cents on Tuesday. Kalshi shows Trump with a 51% chance of winning as of Sunday, down from 64.6% on Tuesday, while Harris's odds have increased to 49%, up from 35.4%.

Non-resident Indians (NRIs) now have a faster, more convenient option than traditional wire transfers to send money to family or make payments in India. The National Payments Corp. of India (NPCI) has extended UPI access to NRIs who hold non-resident external (NRE) or non-resident ordinary (NRO) accounts. This expansion allows NRIs to conduct instant transactions from their smartphones using UPI linked to their international mobile numbers, simplifying financial connections with India.

Kamala Harris and Republican Donald Trump in a divided nation. Key battleground states such as Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania, and Wisconsin are expected to decide the outcome. Both campaigns are preparing for possible legal battles which might delay the final results. The timing of knowing the winner is uncertain, as each state has different rules for counting ballots. In the upcoming election, history will be made regardless of the outcome.

Azad Engineering shares rallied over 14% to Rs 1,670 in Monday's trade on BSE, following the announcement of a major long-term contract with Mitsubishi Heavy Industries worth Rs 700 crore. «Azad Engineering Limited has signed long term contract & price agreement (LTCPA) with Mitsubishi Heavy Industries Limited, Japan (MHI) for the supply of highly engineered & complex rotating and stationary airfoils for advanced gas & thermal power turbine engines to meet their global demand in the power generation industry,» the company said in an exchange filing.

US Presidential election of 2024 is one the most watched political events of recent times especially as the outcome will have a huge impact on international trade. In the past few decades, many American politicians have talked about attracting manufacturing investment and jobs back to the country after the manufacturing of goods consumed by Americans has spread across the globe and manufacturing jobs have dwindled in the USA. Countries that export substantially to the USA or have been the destination of manufacturing investment in the past three decades are likely to be targets of trade action in the near future. In any case, the countries with whom the USA runs a large trade deficit are on the radar of at least one potential aspirant to the White House. India is one of those countries. The US happens to be the largest destination for Indian merchandise exports. In 2023-24, imports into India from the USA amounted to $42.2 billion, while exports from India were valued at $77.52 billion.

Subscribe to enjoy similar stories. National defence is crucial to the security of a sovereign state. While wars of conquest and territorial defence have been fought for ages, the modern notion of national defence is a Westphalian idea.

Subscribe to enjoy similar stories. ON THE EVE of America’s presidential election, many people around the world are waiting on edge. Although non-Americans do not get a vote, the outcome of the election will have ramifications far beyond America’s borders on issues such as international trade, the credibility of Western defence alliances and the rise of China.

Subscribe to enjoy similar stories. Warren Buffet once said that an investor should be fearful when others are greedy and be greedy when others are fearful. The famous value investor was talking about the equity market, but it turns out this applies even more to the options market.

stocks with a market cap of over Rs.100 crore, 80.6% (or 2,425 stocks) delivered negative returns in October. Moreover, 1,999 stocks, or 66.4%, saw a price fall of more than 5%. The returns are calculated for closing values between 30 September and 25 October. Strong FPI selling, driven by the Chinese stimulus, low Chinese stock valuations, Middle East tensions, and crude oil volatility have weighed on the equity markets.

US presidential election polling data showed no clear advantage between Kamala Harris and Donald Trump. Oil rose after OPEC+ delayed a hike in output. The greenback dropped against most major currencies such as the yen and the Australian dollar in early Monday trading, while 10-year Treasury futures rose.

US election 2024 results on Tuesday night (November 5) may not know the outcome unless Democratic nominee Kamala Harris or Republican candidate Donald Trump scores a significant victory in most states, especially the so-called swing states. If there are no blow-out margins of victory and the election numbers follow the polls all of which give leads within the margin of error — with crucial swing state Pennsylvania’s as narrow as 0.4 per cent for Trump — it may take days or even weeks to sort out the contested results with recounts, as per an IANS report. Traditionally, the candidate losing the election concedes defeat even before the official announcement of the results if the outcome is clear. But Trump has not admitted he lost even four years after President Joe Biden defeated him in 2020.

“Venom: The Last Dance” is enjoying another weekend at the top of the box office charts

Conservationists and a Native American advocacy group are suing to block a Nevada lithium mine they say will drive an endangered wildflower to extinction, disrupt groundwater flows and threaten cultural resources

It has been decades since the polls have shown the nation facing a presidential race that is so close across so many states in both the Sun Belt and the Rust Belt. The tightly contested landscape means the race remains highly uncertain as the campaign enters its final hours, as per a report on NYT News Service. Harris is now narrowly ahead in Nevada, North Carolina and Wisconsin, the polls show, while Trump leads in Arizona. The polls show them locked in close races in Michigan, Georgia and Pennsylvania. But the results in all seven states are within the margin of sampling error, meaning neither candidate has a definitive lead in any of them.

Early in-person voting, which ended Saturday, has become increasingly popular in the presidential battleground state over several election cycles. People can simultaneously register to vote and cast ballots at early voting sites, AP reported. Four years ago, a record 3.63 million people voted at hundreds of sites in all 100 counties during the early-voting period. This year, the state exceeded that total by Thursday, days before the period ended, the board said.

Key Square Group founder Scott Bessent and chief economist at the America First Policy Institute Michael Faulkender discuss former President Trump's agenda on 'Kudlow.'

Here's how the outcome will affect our economy, through the lens of three main transmission channels:

Kamala Harris campaigns in Michigan on Sunday while her Republican rival Donald Trump will stop in three eastern battleground states just two days before Tuesday's US presidential election. Opinion polls show a historically close race, and a New York Times/Siena College poll published on Sunday showed Vice President Harris and former President Trump neck-and-neck in the seven states that are likely to determine the outcome on Tuesday. A poll showing Harris leading in Iowa-a state Trump won easily in the past two elections-raised the possibility of an unexpected outcome, though another poll showed her trailing in that state.