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Federal Reserve. A key stock benchmark for the region climbed, as did shares in Australia and Japan. South Korean equities fell, while futures for Hong Kong stocks pointed to a decline. The moves came after a positive session on Wall Street, where the Nasdaq 100 gained more than 1% to reach another record high.

Having tagged America’s inordinately large share of global financial markets as “the mother of all bubbles” in my last column, the main pushback I got, even from the few people who share my view, was that there is no sign this bubble will deflate any time soon.

Bitcoin (BTCUSD) prices shattered another record, rising above $107,000 with growing optimism around reports that President-elect Donald Trump may be considering establishing a bitcoin strategic reserve.

food prices moderated, official data released Monday showed. The Wholesale Price Index-based inflation was 2.4% in October. A year earlier, it was 0.4%. On an average, wholesale inflation accelerated to 2.1% in fiscal 2024-25 till November, compared with a contraction of 1.3% in the corresponding period last year.

Bitcoin rose to a record high on president-elect Donald Trump’s support for digital assets and optimism about the upcoming inclusion of MicroStrategy Inc., an accumulator of the token, in a key US stock gauge.

office space leasing of 83-85 million sq ft, beating the previous peak volume of 2023 by 13% y-o-y. According to Cushman & Wakefield, India’s rising attractiveness as a destination for GCCs has had a big influence on demand, as GCCs now account for 30% of gross leasing volume (GLV), with the share slated to rise further. Growth was also driven by healthy volumes seen in the IT-BPM, BFSI, Engineering & Manufacturing (E&M) and flex operator spaces.

Oberoi Realty shares surged as much as 6.3% on Monday to a record high of Rs 2,250.65 on BSE after brokerage firm Axis Securities initiated coverage on the real estate developer with a 'buy' rating, at a target price of Rs 2,560, implying an upside of about 14% from current levels. The brokerage said that its recommendation is underpinned by the company’s strong positioning in Mumbai’s luxury real estate market, a growing annuity income stream, strategic geographic expansion, and solid financial fundamentals.

initial public offering (IPO) of which will open for subscription on December 19, has fixed a price band of Rs 269-283. The issue will be available for subscription till December 23. At the upper end of the price band, the total IPO size stands at Rs 840.25 crore and bids can be made for a minimum of 53 equity shares and in multiples of 53 equity shares thereafter.

Sky Gold will likely be in focus today as it will start trading on an ex-bonus basis for the issue of its 9:1 bonus share issue as the company had fixed December 16 as the record date for the purpose. “We wish to inform you that the Company has fixed Monday, 16th December 2024 as the Record Date for the purpose of determining the equity shareholders of the Company eligible for bonus equity shares of the Company,” the company had informed in a filing to the exchanges.

Subscribe to enjoy similar stories. Vani Kola-led Kalaari Capital has returned more than $100 million in exits in the current calendar year. This comes at a time when the backer of unicorn companies like Elastic Run, Dream11 and Upstox, among others, has pumped in around $25 million in more than 10 companies this calendar year, Kola said in an interview with Mint.

Las Vegas Strip to the record-breaking crowds watching Caitlin Clark sink dazzlingly deep 3-pointers, 2024 featured superstars rising to meet the moment. Just 10 months after signing a then-record $700 million, 10-year contract, Shohei Ohtani of Japan took the Los Angeles Dodgers to the World Series, where the team beat the New York Yankees for the title. The Boston Celtics won their league-best 18th NBA championship ring. In Las Vegas, the Kansas City Chiefs celebrated their second straight Super Bowl title with the most famous fan on the planet, Taylor Swift, cheering on her boyfriend, tight end Travis Kelce. One athlete, though, best captured the zeitgeist of 2024: Clark.

National Green Tribunal has issued notice to the Centre regarding the alleged felling of scores of trees in the national capital. The green body was hearing about the alleged illegal felling of thousands of trees at Chajju Ram Bagh in Jindpur by a private builder to construct a warehouse and commercial godown. In an order dated December 9, a bench of NGT Chairperson Justice Prakash Shrivastava noted that the district magistrate of north Delhi did not file his reply, as per the tribunal's earlier order to produce the relevant khasra entries and revenue record of Chajju Ram Bagh of last 20 years to ascertain the correct position. The bench also comprising judicial member Justice Sudhir Agarwal and expert member A Senthil Vel noted that the Delhi Pollution Control Committee (DPCC) filed a compliance report enclosing an order where the forest officials concerned had imposed a compounding fee of Rs nine lakh for illegal felling of 15 trees.

Steve Smith registered his 33rd Test century in the third Test against India at GABBA, Brisbane on Sunday. It was his 10th Test ton against India in just 41 innings, the joint most with Joe Root. This was the 35-year-old's first three figure score since June 2023, between which he had played 23 innings, the most number of innings he had gone without a hundred.

Pathankot recorded a low of 2.3 degrees Celsius, while Gurdaspur and Bathinda experienced chilly nights with minimum temperatures of 2.8 degrees Celsius and 3.4 deg Celsius, respectively, the data read. The data showed that Amritsar logged 3.4 degrees Celsius, Ludhiana 7.8 deg C and Patiala recorded a low of 6 degrees Celsius.

Here’s what Coach JJ Redick has shared about the situation and what lies ahead for the Lakers.

Some banks and banking trade groups are suing the Consumer Financial Protection Bureau over a finalized rule that limits overdraft fees banks can charge

Heavy pollution across several parts of the country also contributed to increased sales of respiratory medications, particularly Foracort, used for asthma and related conditions. Foracort emerged as the top-selling drug for the month, recording sales of Rs 82 crore with a 2% growth. Antibiotic Augmentin secured the second spot with Rs 76 crore in sales and a 9% growth, while antidiabetic drug Glycomet GP ranked third with flat sales of Rs 69 crore.

Subscribe to enjoy similar stories. If you hear Dell and think of the supplier of the PC at your office desk, you’re out of touch. Michael Dell is pulling off one of the most surprising transformations in the history of tech at the company that bears his name, all without changing his approach to business.

PC Jeweller, Linc Ltd and a few other companies are expected to gain attention in the upcoming week as their record dates approach for corporate actions such as dividends, bonus share issuances, and stock splits. The record date is a crucial benchmark set by companies to identify the shareholders entitled to receive benefits such as dividends, stock splits, or bonus shares. Investors must ensure that their shares are reflected in their demat account on or before this date to qualify for the respective corporate actions.

scheduled commercial banks (SCBs) witnessed a significant reduction to 2.67 percent in June 2024 from 11.18 percent in March 2018, the Finance Ministry stated on Saturday. The ministry further added in a social media post on X that the asset quality has improved significantly while the provisional coverage ratio (PCR) has also increased from 49.31 percent in March 2015 to a healthy 92.52 percent in June, showing an increased resilience.

Kashmir on Saturday, with the Met office forecasting a cold wave in several places in the valley during the next three days. Srinagar city recorded a minimum temperature of minus 4.6 degrees Celsius — more than two notches lower than the previous night. Gulmarg recorded a low of minus 7.6 degrees Celsius — up two degrees from the night before. Pahalgam, which serves as the base camp for the annual Amarnath Yatra, recorded a low of minus 8.4 degrees Celsius. The resort town was the coldest in the valley.