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«My sense is that things like rate cut by the US Fed will be a trigger for many of the global funds to increase their allocation to emerging markets and clearly, India being one of the best performing emerging markets would draw its share of flows, so that is clearly our base case,» says Mahesh Nandurkar, Jefferies. The general view was that Fed will cut rates and FIIs will come back. Do you see that happening now that Fed has gifted everybody with not 25 but with a 50 bps jumbo rate cut? Do you see liquidity coming back in a hurry and in abundance back to emerging markets like India? Mahesh Nandurkar: Yes, that is our base case that the rate cut undertaken by the Fed will drive incremental moneys into the emerging markets. I mean, you would remember that emerging market as an asset class over the last five years or so has been completely neglected and that is also one of the reasons why we have not seen much of foreign inflows into markets like India, despite being so attractive from growth perspective, etc.

Radhakishan Damani has sold 1 lakh shares in VST Industries for Rs 4.4 crore via block deal. He sold shares at a price of Rs 439.05 apiece which was slightly above the Wednesday closing price of Rs 437.85. Today the stock settled at Rs 444, gaining by Rs 6.15 or 1.40%

Headphones vs earbuds: Which audio device should you buy? A comparison with top buying optionsThe OnePlus Nord Buds 2 delivers a premium sound experience with its 12.4 mm dynamic drivers and up to 25dB active noise cancellation. Offering up to 36 hours of battery life with the case, these buds are perfect for long listening sessions.

Some Brazilian users have regained access to X despite a nationwide ban put in place by the country’s Supreme Court

The Mastercard Foundation’s new money-management arm is in expansion mode, and executives have been finding new employees from one place in particular — the Ontario Teachers’ Pension Plan.

Union Cabinet chaired by PM Naredra Modi on Wednesday approved the Pradhan Mantri Janjatiya Unnat Gram Abhiyan with an outlay of Rs 79,156 crore, aimed at upliftment of tribal communities. The government aims at adopting saturation coverage for tribal families in tribal-majority villages and aspirational districts by covering around 63,000 villages benefitting more than 5 crore tribal people as announced in the Budget Speech 2024-25. It will cover 549 districts and 2,740 blocks spread across all tribal majority villages across 30 States / UTs, it said.

Coal India is scouting for critical minerals in Argentina and is in talks with officials in Chile for lithium, India's federal mines secretary V. L. Kantha Rao said on Wednesday. India has been exploring ways to secure supplies of lithium, a critical raw material used to make electric vehicle batteries. Prime Minister Narendra Modi's government last year listed 30 minerals, including lithium, nickel, titanium, vanadium and tungsten, as critical to drive the adoption of clean energy.

Senate has failed to pass legislation to create a national right to in vitro fertilisation (IVF), with Republicans blocking the effort for a second time this year. The vote was 51-44, falling short of the 60 votes needed. Only two Republican senators, Susan Collins of Maine and Lisa Murkowski of Alaska, supported the bill. Vice President Kamala Harris criticized the Senate's decision, saying Republicans have shown they will not protect access to fertility treatments. President Joe Biden also expressed his disappointment, calling the situation «outrageous and unacceptable.» Democrats, led by Senator Tammy Duckworth of Illinois, accused Republicans of hypocrisy. Duckworth pointed out that many Republicans claim to support IVF but refuse to vote for legislation guaranteeing its availability. “They say they support IVF—here you go, vote on this," Duckworth said.

lunar eclipse of 2024 will occur today, September 18. This partial lunar eclipse will be visible in several parts of the world, including Europe, Africa, North and South America, and parts of Asia. Unfortunately, it will not be visible in India because the Moon will be below the horizon during the event. The eclipse will begin at 6:11 AM IST and will last for 4 hours and 6 minutes, ending at 10:17 AM IST. Key phases of the eclipse include the start of the penumbral eclipse at 6:11 AM, the beginning of the partial eclipse at 7:42 AM, the maximum eclipse at 8:14 AM, and the end of the partial eclipse at 8:45 AM. The penumbral eclipse will conclude at 10:17 AM. For those interested in watching the event, NASA will provide live streaming on its website and social media platforms.

Kroger and Albertsons have made their final argument in federal court in support of their proposed merger

The Mastercard Foundation’s new money-management arm is in expansion mode, and executives have been finding new employees from one place in particular — the Ontario Teachers’ Pension Plan.

The Biden administration is letting Alaska Airlines buy Hawaiian Airlines

A new report says the number of derailments related to the forces created when railcars push and pull against each other has increased as freight trains have gotten longer

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Washington state is in court to try to block a proposed merger between Albertsons and Kroger

Meta is banning Russia state media organization from its social media company platforms, alleging that the outlets used deceptive tactics to amplify Moscow’s propaganda

The brother of Terry Fox is calling the move of his older sibling’s statue in Ottawa one of “significance,” now that it stands along Fox’s route through the national capital during his “Marathon of Hope.”

Sensex and Nifty opened on a muted note with buying seen in FMCG stocks. Britannia, Tata Consumer and HUL were trading 1% higher each while Tata Motors fell over 2% after 1.9 crore shares of the bluechip were trade in a large block deal.

Railways has drawn up a safety upgrade plan that includes training of loco pilots on simulators and outsourcing of some components of maintenance operations, officials said. The move comes in the backdrop of several train accidents over the last two years. The Railway Board has asked all zonal railways to explore the possibility of outsourcing the maintenance of machines used in track renewal operations, according to the officials. These track machines are required for maintenance and renewal of tracks, but owing to shortage of staff, either because of vacancies or due to non-creation of adequate posts, this activity gets hampered and machines remain underutilised. In a directive, the Railway Board has asked the zonal railways to explore the possibility of outsourcing these activities to make up for manpower shortages.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Stablecoin issuer Circle has partnered with Sony Block Solutions to make USDC a primary transaction token on the Soneium blockchain.