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Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

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Kudlow panelists Kevin Hassett and David Malpass discuss former President Trumps pro-growth economic package.

Global finance leaders are facing a major uncertainty as they meet in Washington next week: Who will win the U.S. presidential election and shape the policies of the world’s biggest economy

It’s a trend that has surprised many: Why, despite being squeezed by high prices, have Americans kept spending at retail stores and restaurants at a robust pace

Khalistani terrorists. After the Royal Canadian Mounted Police claimed a few days ago that the Lawrence Bishnoi gang active in Canada was linked to Indian government agents, India's Ministry of External Affairs pointed out the Canadian government had ignored India's request in the past to deport members of Bishnoi gang operating from Canada. Also Read: US charges ex-Indian intelligence official in foiled Sikh separatist Gurpatwant Singh Pannun murder plot

Gurpatwant Singh Pannun, the Khalistani separatist and Indian-origin citizen of the US and Canada, is in the spotlight after US this week named Vikash Yadav, a former Indian intelligence officer once associated with the Research and Analysis Wing, or R&AW — as the central figure in a failed plot to kill him. According to a wanted poster by the Federal Bureau of Investigation (FBI), Vikas Yadav is the second Indian to be named in this controversy. The US Justice Department has charged Vikash Yadav with murder-for-hire and money laundering. According to reports, the plot allegedly began in May 2023, when Vikash Yadav then reportedly an employee of the Indian government, allegedly collaborating with individuals in India and overseas to execute the assassination of Gurpatwant Singh Pannun.

VVDN is in advanced stages of designing mobile phones with 5G support for an American brand, a top official told ET, adding that the company plans to invest $100 million in the next 3-5 years to expand capacity. VVDN is aiming to take advantage of the shift of global companies away from China and be the first Indian manufacturer to have design capabilities in-house, without support from a technology partner. “We are investing in designing phones. We have already taken that initiative, and we are building a 5G phone as we speak for the North American market. We already have a customer, and the designs are in advanced stages,” Vivek Bansal, president, VVDN, told ET.

"Geopolitical events do not seem to be causing any impact on the world economy. In fact, there is potential for some deceleration in geopolitical problems over the next 12 months," says Mark Matthews, Julius Baer. The disconcerting factor we were discussing is when it comes to the quarterly earnings back home, is there some sort of a sense of a slowdown that could be prolonged due to macro concerns in India? Mark Matthews: I do not know if it is macro concerns, but you are absolutely right. I think the major issue facing India now is the deceleration in earnings growth. And the Nifty will still clock around 10% earnings growth this year, but the most recent quarter, it is looking very flattish.

National Securities Depository Limited (NSDL), one of the largest securities depositories globally, announced on Friday, October 18, that it has reached a significant milestone of Rs 500 lakh crore (US $6 trillion) in assets held in custody. This achievement marks a rapid increase in NSDL’s asset base. It took 18 years to reach Rs 100 lakh crore in June 2014, six years to cross Rs 200 lakh crore in November 2020, and just four more years to hit the Rs 500 lakh crore mark in September 2024.

Reasons to buyReasons to avoidAlso read: Amazon Special Weekend Deals: Huge savings! Up to 80% off on trolley bags, duffle bags and more; Great Indian FestivalThe Kamiliant by American Tourister Harrier Spinner suitcase is a durable and practical option for travelers. The hard-sided polypropylene construction provides protection for your belongings, while the spinner wheels offer smooth and effortless maneuverability.

European shares opened muted on Friday, after the European Central Bank's latest rate cut and upbeat earnings prompted strong gains in the previous session, with the main stocks gauge headed for a second weekly rise. The Europe-wide STOXX 600 index was down 0.05% at 0718 GMT, with real estate firms leading losses down 0.6%, while basic resources and autos helped to keep it afloat.

Pankaj Pandey, Head Research, ICICIdirect.com, says they have been very selective in giving recommendations largely because there is no follow-up. They have recommended an IT stock – Newgen Software – with a target price of Rs 1,465, the results were good and our sense is that the company will keep growing at 23-24 odd percent, both revenue and bottom line, over the next two-three years. Pandey says one needs to be very selective because up till now, the results have not been helping the market. They are also expecting hospitals to do well and have been recommending Narayana Hrudayalaya. What is the tone and tonality at the retail level in the last couple of days? I mean, is leverage coming down? Is participation coming down? The two important short-term indicators are mood and momentum. The momentum is waning and the mood has become sour. Pankaj Pandey: The mood keeps on changing depending on how things pan out. So, post Haryana Assembly election results, the mood definitely changed and now we have upcoming US elections and elections in Maharashtra. So, anxiety levels are higher. Our sense is that moods can change post the favourable outcome in some of these events.

Subscribe to enjoy similar stories. Infosys Ltd's September quarter (Q2FY25) results fell short of market expectations, leading to a nearly 5% drop in its share price on Friday. This was despite the IT major reporting a sequential constant currency (CC) revenue growth of 3.1%, exceeding consensus estimates.

Pony AI, backed by automaker Toyota, filed for an initial public offering in the U.S. on Thursday, in another sign of growing investor interest in new listings and easing regulatory pressures. Activity in the IPO market has picked up pace in recent weeks, buoyed by the U.S. Federal Reserve kicking off its highly anticipated policy-easing cycle and benchmark indexes trading near record high levels. Pony AI, in which Japan's Toyota owns a 13.4% stake, revealed that its revenue nearly doubled to $24.7 million in the first half of 2024. Net loss attributable to the company was $51.3 million in the same period, compared with $69.4 million last year.

Pankaj Pandey, Head Research, ICICIdirect.com, says typically, any year, one could easily get 10-12% kind of a correction, and multiple corrections in the market. So 6% is already run, at max possibly 4-5% is very much possible. But Pandey thinks that the market ideally should bottom out at current levels. The second half is expected to be better because a lot of ordering, tendering should happen given the fact that H1 was quite soft. A lot of sectors in the second half are expected to do well. ICICIdirect is maintaining a target price of 27,500 for Nifty and about 15-16% CAGR growth in earnings for the next two years. How are you looking at the overall earnings because that is a bit disconcerting? There is such a divergence from what the Street was pencilling in and the kind of commentary and the kind of results that a lot of companies have been putting out and also across-the-board, the slowdown seems to be quite evident. How much of a concern is that? Pankaj Pandey: Overall, this was expected to be a softer quarter. We are already at peak margins of 19-20% for Nifty. So, incrementally margin expansion was definitely not the case. And we all know that in big sectors like IT, the demand is still soft and possibly Q4 is where some bit of a revival can be expected and obviously, we will have US elections impacting the sentiment as well and commodity prices continue to remain soft whether it is for steel, whether it is for cement.

Nippon India Mutual Fund has announced suspension of subscription in its four international funds through lumpsum, switch-ins and fresh registration of SIPs/STPs or such other special products to avoid breaching overseas investment limits. The changes will be effective from October 18. The fund house informed about this to its unitholders through a notice cum addendum.

cyber criminal, posing as a remote IT worker, infiltrated a Western company and hacked its network, according to a report by the BBC. The unnamed company, believed to be based in the UK, US, or Australia, allowed cybersecurity firm Secureworks to release details of the incident to warn about increasing infiltration by North Korean cyber criminals.

exports of personal computers including laptops have emerged as a key electronic item shipments from India during April-August this fiscal, according to the commerce ministry data. The exports of personal computers have recorded healthy growth in five destinations- the UAE, Russia, Bangladesh, the US, and Sri Lanka. The exports of laptops to the top five markets — increased to $102.6 million in April-August from just $37 million in the same period of the previous year, the data showed. The government's support to personal computer manufacturing through Production Linked Incentive (PLI) and other measures like ease of doing business have supported this growth.

Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...

Subscribe to enjoy similar stories. Nasa’s Europa Clipper mission took off on 14 October to study Europa, one of Jupiter’s four moons discovered by Galilei Galileo in 1610. The Italian’s discovery came at great personal cost, but also spun off modern astronomy.