Fighting Financial News
15.12 / 10:53
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Karnataka news: BJP protests in Assembly as Congress MLA suggests renaming Mysuru airport after Tipu Sultan
Karnataka News: Congress MLA from Hubballi-Dharwad (East) Prasad Abbayya has suggested that the Karnataka Mysuru's airport be renamed “Tipu Sultan Airport". The suggestion has drawn the ire of Bhartiya Janata Party (BJP) in the Karnataka Assembly. Prasad Abbayya came up with the proposal during a discussion about the state government writing to the Centre to change the names of airports.
15.12 / 09:49
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Mama Earth Co-founder Ghazal Alagh voices concerns over period leave debate, says 'setback for hard-earned equality...'
Ghazal Alagh, co-founder of the beauty brand Mama Earth, has emerged as a notable figure expressing reservations about the concept. This conversation gained momentum after Union Minister for Women and Child Development, Smriti Irani, stated her belief that menstruation should not be considered a handicap. Alagh, a prominent entrepreneur, cautioned against the implementation of a paid leave policy for menstruation, suggesting that it might pose challenges for women in the workforce.
15.12 / 09:09
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Fed’s dovish pivot triggers dollar’s biggest weekly fall since July; rupee fails to capture gains
US Federal Reserve. Among other major currencies, the euro and pound rose on Friday as the central banks in Europe stuck to their hawkish paths. The US dollar index, which measures the greenback's strength against a basket of six currencies, eased by 0.02% to 101.94, not far from the four-month low of 101.76 it touched on Thursday.
15.12 / 08:07
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California regulators vote to extend Diablo Canyon nuclear plant operations through 2030
California energy regulators have voted to allow the Diablo Canyon nuclear plant to operate for an additional five years, despite calls from environmental groups to shut it down
15.12 / 06:01
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International
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Mint Explainer: Has Israel lost international support for its war in Gaza?
Two months into its military campaign in Gaza, Israel seems to be fighting a losing battle for international support. It has lost key votes at the United Nations and even supportive powers like the United States have voiced their discontent with Israel’s conduct of the war. Mint looks at Israel’s position.
15.12 / 06:01
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social
information
NHL
MS Dhoni's iconic No. 7 won’t be given to any other cricketer; BCCI retires Mahi's iconic jersey number
cricket. Previously, the BCCI bestowed a similar honour on Sachin Tendulkar when they retired his No. 10 jersey in 2017.
15.12 / 05:33
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Veteran analyst upgrades 5 bank stocks thanks to Powell
Amid news from the Fed yesterday that its fight against inflation is over, veteran bank analysts at Odeon Capital upgraded five bank stocks from Hold to Buy — Bank of America Corp (NYSE:BAC), Wells Fargo & Company (NYSE:WFC), U.S. Bancorp (NYSE:USB), PNC Financial Services (NYSE:PNC), and Truist Financial Corp. (NYSE:TFC).
15.12 / 03:51
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Court application denied for truck driver who caused Humboldt Broncos bus crash
A federal judge has dismissed applications from the truck driver who caused the deadly Humboldt Broncos bus crash in Saskatchewan and was fighting deportation back to India. Jaskirat Singh Sidhu was sentenced to eight years for causing a crash that killed 16 people and injured 13 others.
15.12 / 01:31
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Updates
Israel-Hamas War Day 70: Biden adviser Jake Sullivan to meet Palestinian President Abbas today | Top 10 updates
Hamas attack on Israel on October 7 is never repeated, senior officials said. Sullivan will discuss "ongoing efforts to revamp and revitalize" the Palestinian Authority and reining in "extremist settler violence" against Palestinians in the occupied West Bank, said one of the officials, who declined to be named. Here are the top 10 updates on the Israel-Hamas war, 1) The Palestinian Prime Minister Mohammed Shtayyeh, in an interview on Thursday said the Biden administration must now “walk the walk" and take specific steps toward what has been an elusive two-state solution, including by applying pressure on Israel, AP reported.
15.12 / 01:19
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Rupee gains lag Asian peers as RBI builds buffer
policy environment in 2024 have boosted most Asian currencies versus the dollar, but the rupee's gains have paled in comparison as the Indian central bank looks to build a reserves buffer and preserve export competitiveness amid a global scarcity of the greenback. On Thursday, the rupee closed at 83.3275 per US dollar, just 0.09% stronger than 83.4025/$1 at previous close. Meanwhile, currencies such as the Thai baht and the South Korean won notched up gains of around 2% versus the US dollar on Thursday while the Indonesian rupiah strengthened 1%, Bloomberg data showed. The Malaysian ringgit, the Taiwanese dollar, the Chinese yuan, the Philippine peso, and the Singapore dollar also outstripped the rupee's gains on Thursday, with the domestic currency extending the underperformance it showed versus its Asian peers last month.
14.12 / 21:59
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Reuters
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US Senate to vote on Ukraine funding, border security next week
By Makini Brice and Ted Hesson
14.12 / 21:59
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record high
Stock Market Today: Dow closes at record record high as post-Fed rally continues
Investing.com — The Dow closed at record highs Thursday for the second-straight day as the post-Fed rally continued to push stocks higher even as some express concern that the recent run higher has been too much, too fast.
14.12 / 19:11
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U.S. Fed keeps key interest rate on hold, sees 3 cuts next year
The Federal Reserve kept its key interest rate unchanged Wednesday for a third straight time, a sign that it is likely done raising rates after having imposed the fastest string of increases in four decades to fight painfully high inflation.
14.12 / 18:15
14.12 / 17:17
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Stocks stable ahead of Fed’s rate decision
Stocks posted small moves in cautious trading as investors looked ahead to the Federal Reserve’s interest-rate decision, bracing for any warnings from Chair Jerome Powell that market expectations of policy easing are overdone.
14.12 / 17:08
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Bank of England leaves policy unchanged, says rates to stay high for 'extended period'
LONDON — The Bank of England on Thursday kept its main interest rate unchanged at 5.25% and said monetary policy is «likely to need to be restrictive for an extended period of time.»
14.12 / 16:06
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Dwayne ‘The Rock’ Johnson returns to the ring in A24's ‘The Smashing Machine’ with Benny Safdie | All about it
Dwayne Johnson, widely known as "The Rock," is set to step back into the realm of combat sports, joining forces with Benny Safdie for the A24 biopic, "The Smashing Machine." This cinematic endeavor marks a return to Johnson's combat roots, portraying mixed martial arts (MMA) legend Mark Kerr in a film that promises to capture the essence of Kerr's tumultuous journey.
14.12 / 15:27
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Department
Fed leaves interest rates unchanged again, signals three cuts coming next year
BNY Mellon Wealth Management head of equities Alicia Levine and Simplify Asset Management chief strategist Mike Green discuss whether the Fed's inflation strategy is working on 'Making Money.'
14.12 / 15:05
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The Pivot Is Here - But It May Mean Less Than You Think
We just got our January 2019 moment: the Powell dovish pivot is here.
14.12 / 14:28
FIVE
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Align
analyst
Veteran analyst upgrades 5 bank stocks thanks to Powell
Amid news from the Fed yesterday that its fight against inflation is over, veteran bank analysts at Odeon Capital upgraded five bank stocks from Hold to Buy — Bank of America (BAC), Wells Fargo (WFC), U.S. Bancorp (USB), PNC Financial Services (NYSE:PNC), and Truist Financial Corp. (NYSE:TFC).
14.12 / 14:26
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Missile fired from rebel-controlled Yemen misses a container ship in Bab el-Mandeb Strait
A missile fired from Houthi-controlled territory in Yemen missed a container ship traveling through the crucial Bab el-Mandeb Strait
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