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Nifty broke its three-session losing streak and settled at 24,641.80, gaining by 31.75 points or 0.13%. Meanwhile, the 30-stock S&P BSE Sensex finished flat at 81,526.14, rising by just 16 points. Bank stocks dragged the index despite buying trends in IT, auto and FMCG stocks. Nifty formed another doji candle well within the range of the last five day's candles, indicating indecisiveness in the index, Dr. Praveen Dwarakanath, Vice President of Hedged.in said, commenting on the day's action.

Donald Trump is promising expedited federal permits for energy projects and other construction worth more than $1 billion. But like other Trump plans, the idea is likely to run into regulatory and legislative hurdles, including a landmark law that requires federal agencies to consider the environmental impact before deciding on major projects. In a post on his Truth Social site Tuesday, Trump said anyone making a $1 billion investment in the United States «will receive fully expedited approvals and permits, including, but in no way limited to, all Environmental approvals.» «GET READY TO ROCK!!!» he added.

What really drove Mark David Chapman to kill John Lennon 44 years ago? Confession from 2020 surfaces

Reserve Bank of India (RBI) governors have, in the past, acted according to the prevailing economic conditions and the monetary policy objectives in their first policy review. Y V Reddy and Duvvuri Subbarao had kept policy rates unchanged in their first policy review, while Urjit Patel and Shaktikanta Das had reduced rates in their first policy actions.

benchmark indices closed flat on Tuesday, with blue-chip IT stocks gaining, while market participants exercised caution ahead of key inflation data from India and the United States due later in the week. The benchmark S&P BSE Sensex declined 1.59 points to settle at 81,510.05, while the broader Nifty 50 index closed at 24,610.05, lower by 8.95 points or 0.04%.

Subscribe to enjoy similar stories. MUMBAI : Even as one group of National Spot Exchange Ltd (NSEL) investors withdrew consent for the proposed one-time settlement (OTS) with 63 Moons Technologies Ltd, another group has claimed substantial support to see the much-awaited resolution through. The NSEL Investor Action Group (NIAG), which withdrew the consent after an emergency meeting on 6 December, accused 63 Moons of violating the foundation of the settlement talks by seeking permission to access ₹300 crore from attached assets without consulting the group.

In the family-sponsored categories, F1 moved to November 22, 2015, and F3 advanced to July 1, 2010, for final action. Filing dates for F3 rose to July 22, 2012, while F4 increased to August 15, 2006. Categories F2A and F2B remain largely unchanged. For employment-based preferences, significant shifts include the second preference (EB-2), advancing to October 1, 2012, for final action, while filing dates remain at January 1, 2013. EB-3 and «Other Workers» now have a final action date of December 1, 2012, with no movement in filing dates.

Subscribe to enjoy similar stories. We have been talking about the Reserve Bank of India (RBI) easing interest rates for quite some time. The question now is: what is the appropriate time for the RBI to initiate this? The latest meeting of the central bank’s Monetary Policy Committee (MPC) was on 6 December.

dearness allowances (DA) by 3% to 53% for central government employees. The new DA hike has been in effect from July 1, 2024 onwards. Central government employees received higher take-home pay after the government raised a number of additional benefits when the dearness allowance reached 50%. The 7th Pay Commission suggested raising several allowances when the dearness allowance reaches 50%. The hike in DA led to a 25% increase in 13 important allowances from January 1, 2024 onwards. In September, two additional allowances — the nursing allowance and the clothing allowance, were revised for eligible employees. As stated in a July 4, 2024, circular issued by the Employees' Provident Fund Organization (EPFO), «Attention is drawn to the following orders issued by Department of Expenditure/DoPT in the past and request that consequent upon the increase of Dearness Allowance by 4% to 50% w.e.f. 01.01.2024, the payments of the following allowances wherever applicable may be made at enhanced rates of 25% over the existing rates w.e.f. 01.01.2024.”

Attorneys for Meta shareholders are asking a Delaware judge to sanction former Chief Operating Officer Sheryl Sandberg and fellow Facebook board member and current White House chief of staff Jeff Zients for deleting emails related to the Cambridge Anal...

TikTok on Monday asked a federal appeals court to bar the Biden administration from enforcing a law that could lead to a ban on the popular platform until the Supreme Court reviews the case

Commenting on the day's action, Rupak De, Senior Technical Analyst at LKP Securities said Nifty traded sideways throughout the day as traders stayed on the sidelines. In the short term, the trend is likely to remain that way due to the absence of any major events this week, he opined. «Technically, Nifty has initial support around 24,470. A break below this level could trigger a correction of 200-250 points. On the higher end, the 24,700-24,750 zone is expected to act as a resistance,» De said.

Mexico's president says much of the money gained by eliminating independent oversight and regulatory agencies will go to the army to fund a rise in soldiers’ pay

Subscribe to enjoy similar stories. Mumbai: Shaktikanta Das will step down as the 25th governor of Reserve Bank of India (RBI) on Tuesday, at a time when the war on inflation is ongoing and economic growth has taken a sudden slow turn. Union ministers Nirmala Sitharaman (finance) and Piyush Goyal (commerce and industry) had called for rate cuts after GDP growth slowed to 5.4% in the July-September quarter.

Subscribe to enjoy similar stories. WASHINGTON—The unexpectedly rapid downfall of President Bashar al-Assad in Syria has turned the country’s future from a back-burner issue to a suddenly high stakes concern for the departing Biden administration—and almost certainly for Donald Trump. U.S.

benchmark indices ended in red for the second session in a row dragged by FMCG and auto stocks. While the S&P BSE Sensex settled at 81,508.46, down by 200.66 or 0.25%, the broader Nifty50 closed at 24,619, lower by 58.80 or 0.24%. Commenting on the day's action, Dr. Praveen Dwarakanath, Vice President of Hedged.in, said that momentum indicators continue to show bullishness in the Nifty index despite remaining closer to the overbought levels. «Nifty is consolidating near its resistance level of 24,850. The last two days have shown an insider candle for the index, indicating it has lost momentum. The index trades above the 50-day moving average, indicating that bullishness could continue. Options writer's data for the monthly expiry showed increased writing of the calls and puts at the 24,700 level, indicating a range-bound move in the index,» Dwarakanath said.

YesMadam, a Delhi-NCR-based home salon services company, is under scrutiny after reports emerged that it terminated over 100 employees based on the results of a workplace stress survey. The incident has sparked widespread criticism online, with many questioning the company’s approach to employee well-being. Amid this, many have also questioned if this is some kind of a PR stunt by the company to grab attention. According to reports, the company conducted a survey to assess stress levels among its workforce. Employees who indicated significant levels of stress were allegedly let go immediately. A screenshot of an email from YesMadam’s Human Resources department, which has gone viral on social media, outlines the decision. The email reportedly states that the company parted ways with employees identified as experiencing major stress as part of its efforts to maintain a healthy work environment. The screenshot was posted on LinkedIn by Anushka Dutta. According to her bio, she is a UX copywriter at YesMadam. In her social media post, she shared a screenshot of the email and expressed frustration over the company's actions, highlighting that over 100 employees, including herself, were abruptly terminated after participating in a stress survey. She questioned the company's decision and tagged the incident as a mass firing. It should be noted that she did not share the screenshot of the mail addressed to her.

Credit cards come in two broad categories – personal and business. The fine print of personal credit cards clearly says that they cannot be used for business spending, and hence separate cards are issued for business expenses. However, the majority of self-employed or business owners bill some of their business expenses to their personal cards. This begs the question: How do banks allow this?