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rupee closed 1 paise lower at 83.28 against the American currency. “Rupee is expected to depreciate amid rise in dollar. The hawkish comments from the US Federal Reserve Chairman Jerome Powell has reinforced the possibility of another rate hike.

Investing.com-- Most Asian currencies moved in a flat-to-low range on Friday, while the dollar held on to recent gains as comments from Federal Reserve officials saw traders reassess expectations of no more interest rate hikes.

₹400 to ₹425 in the unlisted market, a report by Economic Times stated. The company, now valued at ₹1.5 lakh crore on the platform for unlisted stocks, is the third biggest non-bank lender by market capitalisation - just after the Bajaj twins, it highlighted. Bajaj Finance currently has a market capitalisation of ₹4.47 lakh crore, whereas Bajaj Finserv and Jio Financial Services command market capitalisations of ₹2.53 lakh crore and ₹1.37 lakh crore, respectively, added ET report.

Sunish Sharma, Managing Partner, Kedaara Capital, says: “I feel India is in a very good position. We feel very strongly about their position and that is why in the last one year, we have invested in six companies right from incremental investment in Lenskart, ASG, Oasis, Avanse, Oliva, Perfios and K-12. We have invested in a bunch of these companies. We believe this is a great time to start investing in India and be more aggressive in India.” On the global slowdown and PE & VCs vis-a-vis India Globally, there has been a slowdown and we are well aware of that. A little bit of that rub-off is happening in India. Having said that, today India is in a very strong position. This is driven by strong fundamentals where the underlying performance of the economy is good. You see a geopolitical position where India is in a very strong position and the youngest population and which is leading to a very strong consuming class. This is leading to India being in a strong position.

banks to review their small loan portfolios and submit a report detailing the situation. Banks said the number of these loans may be large but the ticket sizes are not high.

BEIJING — Chinese startup Li Auto sold more cars than Tesla's China business did in October, according to the China Passenger Car Association.

companies listed on the National Stock Exchange surged to an all-time high of 7.62% in the September quarter, underscoring their growing appetite for equities in one of the fastest -growing economies in the region. Retail investors — classified as individuals with less than shareholding worth ₹2 lakh in a company — made purchases worth ₹7,596 crore in July-September, according to Prime Database, amid the record-breaking run in the stock market The country's rich also mounted their bets on stocks here.

Suncor Energy Inc. says it has wrapped 1,500 job cuts two months ahead of schedule, but that it will continue to look for areas to trim as part of a wider efficiency push.

Canada’s housing agency is warning of a looming “shock” for borrowers renewing their mortgages as a new analysis shows the pain of higher interest rates is starting to put pressure on some homeowners.

Canada’s largest movie chain had plenty of reasons to celebrate on Thursday.

Hologic (NASDAQ:HOLX) shares rose more than 2% after-hours following the company’s reported Q4 results, with EPS of $0.89 coming in better than the consensus estimate of $0.84. Revenue decreased 0.8% year-over-year to $945.3 million, beating the consensus estimate of $940.03M.

Omegle, a video chat service that connects users with strangers at random, is shutting down after 14 years following ample misuse of the platform — particularly the sexual abuse of minors

From Hollywood to auto production lines, U.S. labor unions are once again in the national spotlight

In 2015 Heather McDonald launched her podcast “Juicy Scoop with Heather McDonald” as a way to promote her stand-up comedy

Nigeria's president has signed a controversial bill that earmarks $6.1 million for a presidential yacht and millions more for sport utility vehicles for his wife and other top government officials

Japanese technology company SoftBank Group has reported it racked up a huge loss in the July-September quarter, as some of its investments soured

The average rate on the benchmark 30-year home loan fell for the second week in a row, positive news for prospective homebuyers after rates touched a 22-year high just last month

Regrettably, UFC 295 faced a setback with the injury sidelining heavyweight champion Jon Jones, leading to the cancellation of his scheduled title defense against Stipe Miocic. Despite this unforeseen turn of events affecting the planned main event, the fight card remains brimming with compelling matchups, promising a night of closely contested battles for fans to relish.

Wynn Resorts (NASDAQ:WYNN) shares fell more than 5% after-hours despite the company reporting better-than-expected Q3 results.

MUMBAI : Fevicol maker Pidilite Industries is seeking to strengthen its partnerships with vendors and contractors before it forays into the non-banking financing business with the acquisition of an existing company, said Bharat Puri, managing director and chief executive officer, Pidilite. According to press statement released late on Wednesday, Pidilite will be acquiring Pargro Investments Pvt. Ltd, which is owned by its promoter group.

DFW housing and macro econ analyst Amy Nixon discusses the future of the housing market on Making Money.