2020 Financial News

The year started on a negative note as the equity bulls were nearly thrashed out by the bears. But the bulls picked themselves up from the ground and the run that they began in March was simply unstoppable. This tug-of-war between the bulls and the bears on Dalal Street was influenced by a zillion factors that unfolded during the course of the year. In this special year-ender 2023 section, ETMarkets has tried and wrapped all of those events. So, let’s do a recap of all of those movers and shakers on D-Street. January Just when investors were grappling with a high inflation and interest rate situation, US-based Hindenburg Research on January 25, threw a fireball on D-Street through a 106-page report filled with allegations against the Adani Group. The short seller accused the group of financial forgery, corporate misgovernance, stock price rigging, and highly leveraged balance sheets.

(Reuters) -Laura Lynch, a founding member of the U.S. country band «Dixie Chicks,» died in a head-on car crash on a Texas highway, law enforcement said on Saturday.

By Brad Brooks

By Emma Rumney and Arriana McLymore

By Brendan Pierson

Hardik Pandya missing the upcoming IPL 2024 season, sources told ET Online on Saturday that there is no official confirmation of his exclusion from the tournament. The sources said the all-rounder is training and it is too soon to say anything as there is still time for the tournament. Pandya left the recently concluded ICC ODI Men's World Cup midway due to an ankle injury and reports have suggested that he would not participate in the upcoming T20I series against Afghanistan. Pandya, 30, made a comeback to the Mumbai Indians squad recently following a two-year stint at Gujarat Titans and was named skipper of the five-time champions. In his two-season stint at Titans, Hardik scored 833 runs in 30 innings, with an average of 41.65 and strike rate of 133.49.

₹6,164 per bbl, having swung between ₹6,126 and ₹6,247 per bbl during the session, against a previous close of ₹6,163 per barrel. -Crude is headed for its first annual drop since 2020 as surging production from the US and elsewhere counters efforts by the OPEC cartel to support prices through output cuts. The outlook for demand is also fragile, with the International Energy Agency forecasting that growth will slow sharply next year.

Israel-Palestine conflict has a long history and I am sure you read a lot of pieces on how the war was long overdue etc. etc. But, still apart from minor confrontations things were smoothening between the two hostile neighbors.

Throttling back on oil production hasn’t helped OPEC and its allies to push up crude prices lately. At least four times in the past 15 months, members of the alliance known as OPEC+ have slashed oil output, only for prices to soon retreat anyway. A surge near $100 a barrel petered out earlier this year, and crude futures tumbled 10% in the two weeks after the coalition announced a roughly 5% reduction on Nov.

shot dead by a Los Angeles county sheriff’s deputy after she called 911 to report that she was under attack by a former boyfriend, police officials and lawyers for the victim’s family said. Previous records show that the accused has been involved in a similar case where he killed another civilian in familiar circumstances a few years ago, media reports suggest. Accused deputy Shelton has also been involved in Michael Thomas's death on June 11, 2020 in a similar case. Shelton had been responding to a potential domestic violence call and fatally shot him in the chest.

Hardik Pandya who recently replaced Rohit Sharma as Mumbai Indians' new captain is likely to give the upcoming Indian Premier League (IPL 2024) a miss due to an ankle injury. Pandya left the recently concluded ICC ODI Men's World Cup midway due to an ankle injury and reports suggested that he would not participate in the upcoming T20I series against Afghanistan. News reports now suggest that he is also likely to not participate in IPL 2024. Pandya, 30, made a comeback to the Mumbai Indians squad recently following a two-year stint at Gujarat Titans and was named skipper of the five-time champions.

Gold prices finished above $2,000 for the fifth straight week, with Comex Feb futures ending the week at $2066.90, up by 2.4% as the dollar lost the plot to dip sharply to five-month lows of 101.4 level after the release of PCE data on Friday. Gold prices are up 13% ytd heading into the last trading week of the year. The 10-year US yields finished at 3.90 on Friday, recovering from the lows of 3.81% after the New homes sales data. The ten-year yields closed with a weekly loss of around 0.75%.

Amitabh Kant committee. This move aims to bring relief to countless homebuyers who have been awaiting possession of their homes, some for over a decade. Below are five key points for homebuyers.

Manish Lachwani founded the Silicon Valley software startup HeadSpin in 2015, he inflated the company's revenue numbers by nearly fourfold and falsely claimed that firms including Apple and American Express were customers. He showed a profit where there were losses. He used HeadSpin's cash to make risky trades on tech stocks. And he created fake invoices to cover it all up. What was especially breathtaking was how easily Lachwani, now 48, pulled all that off.

Donald Trump has any immunity from federal prosecution for alleged crimes he committed while in office, CNN reported. The court did not explain its reasoning and there were no noted dissents.

decision to leave the Organization of the Petroleum Exporting Countries could open the way for Beijing to increase investment in the country's oil and other sectors, as part of a deepening of decades-old ties. Angola said on Thursday it was leaving OPEC, effective from Jan. 1, following a row with the producer group over the size of its output quota.

Also Read: Donald Trump disqualified from Colorado's presidential primary ballot | What it means for 2024 US elections? The Supreme Court, which has a 6-3 conservative majority, including three justices nominated by Trump, denied the request in a one-line order that did not provide any reason for the decision. The 77-year-old, the frontrunner for the 2024 Republican presidential nomination, is currently scheduled to go on trial on March 4, 2024 on charges of conspiring to overturn the November 2020 election won by Democrat Joe Biden.

By Ann Saphir

₹57,313 crore in Indian shares in the month through 21 December, according to depository data. This is the highest inflow in any month since they pumped in ₹62,016 crore in December 2020, the record for any month.

By Lucia Mutikani

Delhi airport operator DIAL on Friday said its excess baggage service has handled around 1.7 lakh kilograms of luggage and has helped passengers save around Rs 7 crore on excess baggage since the initiative started in 2020. Under the service, prices start at Rs 99 per kilogram.