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Subscribe to enjoy similar stories. Markets raised a toast to the thumping Maharashtra mandate, lifting stocks for a second straight day as bargain hunters returned. Benchmark indices extended Friday's gains to Monday, with the Nifty clocking the biggest two-day rise since early June.

Airports and highways are expected to be jam-packed during Thanksgiving week, a holiday period likely to end with another record day for air travel in the United States

According to a study from the Thinking Ahead Institute, assets of the AO100 returned to growth in 2023 after an 8.7% fall during 2022, with sovereign wealth funds now managing 38.9% of the assets among the top 100.  Pension funds, which still account for the bulk of the AO100's assets under management (AUM) at 51.2%, recorded the smallest growth rate at just 8.9% from 2022.  Despite the record high total, much of the AUM remained heavily concentrated among the top fifth of the AO100, as the top 20 assets owners accounted for 55.6% of the total AUM, equivalent to $14.6trn.  Towards ...

Manulife Financial Corp.’s chief executive Roy Gori, who surprised some investors with an earlier-than-expected retirement announcement this week, says he never wanted to stay in the job so long that people started wondering why he just wouldn’t leave.

HDFC Bank's stock soared as much as 3.2% on Monday, reaching a record high of Rs 1,801.90 on the BSE, driven by an anticipated increase in the heavyweight lender’s MSCI index weightage, which is projected to draw $1.9 billion in inflows. With the MSCI November 2024 index review coming into effect from Monday, the banking giant was in the spotlight as it underwent a weightage adjustment. This adjustment reflects the final tranche of a phased increase announced earlier this year, solidifying HDFC Bank's role as a key driver in the MSCI index realignment.

Virtuoso Vice President of Global Public Relations Misty Belles breaks down the holiday travel season, the trends and destinations as well as her outlook for 2025.

volatility over the past three decades mirrors that of Indian equities, says the Alpha Strategist Report by Motilal Oswal Private Wealth (MOPW), however, it is to be noted that the former’s returns have fallen slightly short. “Silver has provided returns of the CAGR of 7.6% from 1990 to 31st October 2024, Indian Equities have recorded a CAGR of 14.0% during the same period,” said the report.

Navneet Munot, MD & CEO, HDFC AMC, says in the journey of Sensex from 1,000 to 75,000, we have seen many corrections and a bit of volatility is healthy for the market. Foreigners have lightened their positions and maybe as the results season kick in, maybe after a quarter or so, and people get more faith on the earnings for, let us say, FY26, FY27, FY28, coming back on track. Munot is pretty sure that investors would come back and India will always have some premium. One cannot compare other countries with a lower capital efficiency. India’s capital efficiency has been better, growth prospects have been better and the governance standards are better, and one has to pay some premium for that. What is the total AMC size right now, the AUM? Navneet Munot: It is over Rs 7.5 lakh crore. We have come a long way…

The Thanksgiving travel rush is expected to be bigger than ever this year

Australia’s government has withdrawn a bill that would give a media watchdog power to monitor digital platforms and require them to keep records about misinformation and disinformation on their networks

energy crisis for Europe, which is still reeling from extreme shocks two years ago. Escalating tensions in Ukraine have contributed to about a 45% surge gas prices this year. While levels are still far below 2022 records, they are high enough to risk deepening a cost-of-living crisis for households and intensifying competitive pressure on strapped manufacturers. Gas storage is a lifeline during the coldest periods but inventories this year are rapidly declining after frosty temperatures increased demand for heating and a wind drought required more usage for power generation.

Subscribe to enjoy similar stories. Mumbai: Stock market engines that roared back on Friday may gather more steam this week, after the Bharatiya Janata Party-led alliance scored a runaway victory in the Maharashtra assembly elections. However, market participants warned that a short covering-led rally could prompt investors singed by the recent correction to cut losses, potentially limiting the life of the rebound.

Gautam Adani paid and offered bribes to Indian government officials for securing solar power projects has now reached the Supreme Court. A fresh plea was filed late Saturday night informing the apex court to take on record the allegations of bribery and corruption raised by US prosecutors and the US SEC against the Adani group. The application has been filed in a batch of pending petitions in the Adani-Hindenburg row over allegations of stock price manipulation by the Indian corporate giant. Lawyer Vishal Tiwari, who was also one of the petitioners in the Adani-Hindenburg case, in his fresh application said the indictment order was relevant to the pending case and these documents «unveil serious malpractices carried out by the conglomerate» and these should be thoroughly investigated by the Indian authorities in the «interest of the nation.»

Maharashtra assembly elections, winning 132 out of 149 seats it had contested and garnering 17,293,650 votes, as per ECI data. The BJP's 132-seat haul marked a hat-trick of crossing the 100-seat mark in assembly elections. The saffron party had bagged 122 seats in the 2014 elections, which it contested solo without undivided Shiv Sena, and 105 seats in 2019 polls which it faced with the former ally Shiv Sena on its side. The BJP's stellar performance at Maharashtra hustings, results of which were declared on Saturday, saw the party reaping a rich harvest of 132 seats in the 288-member House. Its Mahayuti partners Shiv Sena and NCP led by Deputy Chief Minister Ajit Pawar won 57 and 41 seats, respectively. The Congress, which won only 16 out of 101 seats it had contested, came a distant second with a 12.42 per cent vote share. The Grand Old Party polled 8,020,921 votes.

air quality index continued to fluctuate between the «severe» and «very poor» categories in Delhi. The city's 24-hour average air quality index, recorded until 4 pm on Sunday, was 318 (very poor), improving rom the severe category recorded the previous day when it was 412, according to data from the Central Pollution Control Board (CPCB). None of the 38 monitoring stations in Delhi recorded AQI in the severe category on Sunday, compared to 20 stations that recorded severe air quality the previous day, according to the SAMEER app, which provides hourly updates on the National Air Quality Index. An AQI between 0 and 50 is considered «good,» 51-100 «satisfactory,» 101-200 «moderate,» 201-300 «poor,» 301-400 «very poor,» 401-450 «severe,» and above 450 «severe plus.»

Priyanka Gandhi Vadra has not only deepened the Congress, and by extension, UDF’s footprint in the Lok Sabha constituency spread across three districts, but has, in the process, cut into INDI ally LDF’s votes. The sharp differences between the CPI(M) and CPI local leaders and cadre and a lightning campaign by the 52-year-old MP-elect has helped the UDF widen its gap with its closest rival. Throughout her less than three-week campaign, Vadra consciously projected herself as the UDF nominee and less as a Congress leader. UDF’s constituent, the Indian Union Muslim League (IUML), has a huge clout across the seven assembly segments in Wayanad LS seat. This combined with Vadra’s appeal helped the Congress turn in its best performance with a 65% vote share, higher than Rahul Gandhi’s 2019 record.

In the latest, just when Shreyas Iyer had set a new record, within minutes, it was broken by Rishabh Pant at IPl 2025 Auction, currently underway in Jeddah. Over the years, several cricketers have rewritten auction history by fetching astronomical bids.These players epitomize the blend of skill, temperament, and star power that the IPL stands for, proving their worth in gold—quite literally!

Yuzvendra Chahal has been sold to the Punjab Kings for a staggering Rs 18 crore in the IPL 2025 mega auction, one of the marquee buys of the season already. The seasoned leg-spinner, formerly with Rajasthan Royals, renowned for his wicket-taking prowess, had a successful stint last season, further solidifying his reputation as one of the game’s top spinners. Sunrisers Hyderabad and Royal Challengers Bengaluru were in fray to bag the spinner alongside Punjab.

Lucknow Super Giants bought Rishabh Pant for Rs 27 crore, creating the record for the most expensive buy in the history of the tournament. Minutes after Shreyas Iyer was sold fo Rs 26.75 crore to Punjab Kings, LSG made the highest bid for the Indian wicket-keeper batter. Lucknow Super Giants (LSG), one of the two new franchises introduced in 2022, had a decent start as a franchise, when they finished fourth in 2022 and 2023, with Gautam Gambhir as the mentor and KL Rahul as their captain. After letting go of Rahul, the franchise still retained five players, which included three bowlers and two middle-order batters.

Bharatiya Janata Party leader CT Ravi has demanded that all the rights given to the Waqf shall be revoked and it is their main issue to remove the Waqf Board.

Mahayuti alliance swept the key Maharashtra assembly election, retaining power by a record margin, continuing to reverse the setbacks the party faced in the Lok Sabha polls earlier in the year. However, in Jharkhand, chief minister Hemant Soren’s JMM-led INDIA bloc retained power.