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IMD said that cyclonic circulations over Tamil Nadu were likely to cause moderate to medium rainfall accompanied by thunder and lightning in Kerala during the next five days. It also said there was a possibility of heavy rains in isolated places in the state between November 22-24.

Nifty closed above 19,800 for the first time since October 17, while the Sensex closed above 66,000. The Nifty is now up nearly 1,000 points from its October 26 low of 18,837.When Asian market opened on Thursday, there was cautious activity following a slight rise in US stocks and a decline in Treasuries, triggered by data indicating a sustained expectation of inflation among US consumers.

stocks ended higher on Wednesday on optimism that the Federal Reserve may be done raising interest rates and that the economy is still resilient. Economic reports on jobless claims, durable goods, and consumer sentiment seemed to suggest the economy is easing but may stay strong enough to avoid recession. Data showed the number of Americans filing new claims for unemployment benefits fell more than expected last week. Tuesday's minutes on the last Fed meeting showed a cautious approach toward monetary policy. Still, stocks have risen sharply in recent weeks on the view the Fed is done hiking rates. «Overall you have a solid backdrop to the market,» said Quincy Krosby, chief global strategist at LPL Financial in Charlotte, North Carolina. «The signals for the market, despite concerns over the economy and consumer spending, is that this market has sustainability in what is probably the most hospitable season for the market.» She said stocks tend to rise just before the U.S. Thanksgiving holiday and also rally heading into year-end.

highs, while a slim majority of stock market experts polled by Reuters expected their markets to touch new peaks within the next six months. Much will depend on interest rate expectations now central banks are mostly done with a season of aggressive rate rises since the COVID pandemic to dampen a burst of inflation still not completely under control. Traders and analysts mostly assume the U.S. Federal Reserve will be cutting interest rates by the middle of next year, an outcome that is far from certain and does not clearly align with policy statements from top central bankers.

Cars24, Spinny, CarDekho and CarTrade Tech have increased efforts on generating revenue from ancillary sources such as auto financing, insurance and classifieds, after witnessing a palpable slowdown in growth last fiscal year. According to people tracking the sector, these firms faced the slowdown as the “growth-at-all-costs” push by venture-backed companies took a backseat and they started focusing on improving unit economics by controlling expenses. Tweaking of business models continued into the current fiscal 2024 as well.

The Belgian government has unveiled plans to accelerate the development of a blockchain infrastructure project in Europe during its Council of the European Union presidency in early 2024.

MetLife will pay $4.5 million to settle a lawsuit over the company’s 401(k) plan, according to court records filed Monday.

By David Milliken

While experts had voiced their concern a few years ago with regards to the unsold inventory levels and impending launches in this specific micro-market, the performance since the outbreak of the pandemic has surprised many of them. The market has witnessed sales of over 722 apartments priced at ₹10 crore and above as against new launches of 532 apartments in the last 12 months, showed data from non-broking research firm Liases Foras Real Estate Rating & Research. «The south and central Mumbai's ultra-luxury housing market has shown almost three times sales growth driven by the segment's new launches. The ultra-luxury segment touched its best-ever inventory overhang in the last 15 years,» said Pankaj Kapoor, managing director, Liases Foras. In 2021, the market comprising south and central Mumbai had a total of 118 months' inventory and the same has now declined to 38 months. «Buyers are active in the market and are very choosy as many developers promised early delivery but did not deliver.

Accounting firm KPMG’s Canadian unit is joining forces with blockchain data platform Chainalysis to assist companies in battling crypto fraud.

(Reuters) — Unions representing hospitality workers in Las Vegas said on Tuesday that members employed at MGM Resorts (NYSE:MGM) have voted to ratify a new five-year contract covering more than 25,000 employees.

An exploding population of hard-to-eradicate “super pigs” in Canada is threatening to spill south of the border, and northern states like Minnesota, North Dakota and Montana are taking steps to stop the invasion.

MUMBAI : Combined cash market turnover on the stock exchanges has hit a record high this fiscal, but is overshadowed by turnover growth of the derivatives segment, which has doubled to a record high from the previous fiscal, underscoring the retail investor craze for options. The average daily turnover (ADT) on the cash segments of the National Stock Exchange (NSE) and BSE has jumped 26% to an all-time high of ₹72,674 crore so far this fiscal (FY24), from that in the last.

fall economic statement (FES), which is effectively a supplement or update to the vision laid out in the federal budget.“That is why we are making generational changes to competition law in Canada, including by cracking down on predatory pricing and other tactics that big corporations use to raise costs for Canadians,” Finance Minister Chrystia Freeland said.The FES discusses measures taken earlier this year, including Innovation Minister Francois-Phillippe Champagne calling on Canada’s major grocers to find ways to stabilize prices. Like Champagne’s prior comments, the FES says further actions are not ruled out, including tax measures for the grocery sector.The document also emphasizes in-progress work on Competition Act reforms, including honing in on “predatory pricing” by large companies.

By Marisa Taylor

Investing.com — Oil prices traded sharply lower Wednesday after a group of top producers delayed its meeting to set output policy, creating uncertainty about future supply levels. 

Despite Nvidia's (NASDAQ:NVDA) Q3 earnings significantly surpassing expectations, investors initially chose to divest. Nvidia stock has surged by 242% YTD to reach the $500 mark, but the chipmaker's earnings report triggered a 2.5% decline after the release.

Goya Foods CEO Robert Unanue discusses the impacts of inflation on this years spirits during the Thanksgiving holiday.

Euler Network's is reportedly poised to redefine the market, standing tall alongside stalwarts like Bitcoin in the coin market. Euler Network, paying homage to the mathematical luminary Leonhard Euler, is not just another contender in the crypto arena; it represents a groundbreaking exploration into the future of digital currencies. Taking inspiration from the success of Pi Network, Euler Network aims not only to replicate but to evolve and enhance, carving a niche in crypto history with unprecedented speed and audacity.

DGCA on Wednesday said it has suspended the authorisation of RedBird Flight Training Academy for carrying out maintenance of its aircraft after finding deficiencies in an audit carried out in the wake of two incidents of crash landing last month. After the two incidents of aircraft crash landing within a span of one week in October, the Directorate General of Civil Aviation (DGCA) had suspended the operations of Redbird Flight Training Academy at all its bases. A special maintenance audit was carried out at the training academy's main base in Baramati, Maharashtra and at four sub-bases in Seoni, Madhya Pradesh; Kalburgi and Belgavi in Karnataka; and Lilabari, Assam.

Shalby, India’s leading multi-specialty hospital, rewarded their shareholders handsomely over the last six months. During this period, the shares have moved from ₹139 apiece to the current position of ₹311.15, translating into a gain of 124%.