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U.S. stocks rose to more records and closed out their longest weekly winning streak of the year

Subscribe to enjoy similar stories. Mumbai: The Nifty snapped a three-day losing streak on Friday, but posted the longest weekly losing streak of this year on relentless selling by foreign institutional investors (FIIs), who have flocked to China beginning late last month chasing a stimulus-led recovery in the world's second -biggest economy. Analysts expect the intense battle between bulls and bears to continue amid tepid earnings and muted sentiment among direct retail investors.

Private equity and venture capital funds' investments declined by 40 per cent to USD 8.8 billion in the September quarter, a report said on Friday. The decline in overall investments happened despite the number of deals being 26 per cent higher during the same period at 283 transactions, the report by industry lobby grouping IVCA and consultancy firm EY said. «Geopolitical tensions have created uncertainty, dampening investment sentiment as investors become more cautious, leading to slowing deal-making. This sluggishness may persist if global uncertainties continue,» the consultancy firm's partner Vivek Soni said.

Simon Chandler is a Brighton-based writer and journalist with over ten years of experience writing about crypto, technology, politics and culture. He has written for Cryptonews.com since late 2017,...

Diwali, prices will cross Rs 80,000 per 10 gm mark and may even touch Rs 85,000 per 10 gm level. With the Goods & Services Tax (GST) of 3 per cent, gold is now commanding a price of Rs 79,651 per 10 gm in the physical market — short of Rs 349 to touch Rs 80,000 per 10 gm.

Hamas on Friday confirmed its leader Yahya Sinwar had been killed by the Israeli military in Gaza, a day after Israel announced his death. «We mourn the great leader, the martyred brother, Yahya Sinwar, Abu Ibrahim,» Qatar-based Hamas official Khalil al-Hayya said in a recorded video statement broadcast by Al Jazeera. Sinwar became Israel's most wanted man after the October 7, 2023 attack, the deadliest in Israeli history.

A wave of influencers on TikTok and other social media platforms have started specializing in a trend they call “kindness content,” which usually entails recording a charitable act like giving money or goods to strangers in need

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...

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

World shares are higher after China's central bank released plans for supporting stock markets through share repurchases

Workers in Italy’s troubled automotive sector are holding a national strike for the first time in 20 years, with a massive demonstration being held in the center of Rome

Nothing illustrates that challenge better than the 47 trillion rupee ($559 billion) corporate bond market. It’s one of the world’s smallest as a percentage of gross domestic product, at just 16%, even after record growth. Bankers in Mumbai say doubling that ratio would better help finance ambitious goals, like becoming a $5 trillion economy in the next three years. One of the major impediments is a longstanding rule from authorities that makes it hard for long-term investors like insurers and pension funds to go big on infrastructure. The regulation bars them from investing in notes rated below AA, which in India are deemed risky because they’re hard to offload in a smaller market during times of stress.

LONDON — Cybersecurity firm Wiz is seeking to hit $1 billion of annual recurring revenues next year, the company's billionaire co-founder Roy Reznik told CNBC, adding that the firm will go public «when the stars align.»

Ashneer Grover, cofounder and former managing director of BharatPe, withdrew his plea from the National Company Law Tribunal (NCLT), in which he had alleged oppressive conduct and mismanagement by the board of the fintech firm. The withdrawal of the plea from the NCLT's Delhi bench came after Grover reached a settlement with the company on September 30, 2024. A copy of the settlement agreement was also placed before the NCLT by the counsel appearing for Grover, who had filed an application for withdrawal of the petition. "… during the pendency of the said petition, parties have arrived with settlement and also executed the settlement agreement dated September 30, 2024, a copy of which is placed on record and in view of the settlement applicant (who is petitioner in the main company petition) has sought liberty to withdraw the company petition," the NCLT order dated October 14, 2024, noted.

Internet gambling in New Jersey set a new record in September with the casinos and their partners winning over $208 million from online gamblers

Dozens of farmers in Iowa, Minnesota and Wisconsin are scrambling to feed their flocks after a struggling organic broiler chicken producer abruptly closed a year after getting a $39 million federal loan

Nvidia hit a record high amid a rally in U.S. chip stocks on Thursday after industry bellwether TSMC's strong sales forecast boosted investor optimism about demand for processors used to power artificial intelligence applications. Taiwan Semiconductor Manufacturing Co, the world's largest contract chipmaker, raised its expectation for annual revenue growth and said sales from AI chips would account for mid-teen percentage of its full-year revenue. US-listed TSMC shares rose more than 11%, lifting the company's market capitalization above $1 trillion.

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

National Board of Wild Life (NBWL) has revoked the permission granted to a temple trust to use 0.35 hectares of land inside a Gujarat wildlife sanctuary. It has also set up a panel to frame protocol for green permissions to religious institutions in forest areas. The move follows concerns raised by a wild life board member over allowing 'religious use' of the sanctuary land. In view of several 'sacred caves and religious places' in forests and wildlife areas and 'mentions in religious texts', a panel has been set up on the issue, as per the minutes of the October 9 meeting of the standing committee chaired by environment minister Bhupender Yadav. The panel will formulate a standard operating procedure for such religious bodies, prescribe applications and documents required to be submitted along with applications seeking recommendations of the standing committee — in accordance with the provisions of the Wild Life (Protection) Act, 1972, as per the minutes.

Research from Morningstar Direct found that European ETFs and exchange-traded commodities pulled in €63bn worth of flows during the third quarter of 2024, a new quarterly high.  This figure marked an increase of €10bn from Q2's total of €53bn, and brings the total inflows for the first three quarters of 2024 to €161bn, already surpassing the total for the whole of 2023.  With the previous annual high of European ETF inflows standing at €159bn in 2021, 2024 is expected to smash previous records with one quarter of the year remaining, Morningstar said. Global ETF flows set to surpass...

Bitcoin (BTC) could make more headlines today as the leading cryptocurrency’s price hovers around a three-month high just below the closely watched $67,000 mark.