Nov Financial News

Indian Banks' Association (IBA) and bank employee unions have reached a consensus on an annual wage hike of 17 per cent, a move that is expected to have a substantial impact on public sector banks. This decision will lead to an additional yearly expenditure of approximately Rs 8,284 crore for these banks, benefiting around 8 lakh bank employees. The wage hike is set to take effect from November 2022. The All India Bank Officers' Confederation announced that as part of the agreement, all Saturdays will be recognized as holidays, subject to government notification. The revised working hours will come into effect upon government notification.

Also Read | Bitcoin surge: Why should you still not invest in cryptos? These are 7 key reasons Commenting on the milestone, Ashish Singhal, Co-founder of CoinSwitch said, “Bull markets are a magnet for new users, and crypto is now on a bullish path. To be the most beginner-friendly crypto trading app has been the priority at CoinSwitch since day one.

By Alexandra Ulmer and Nathan Layne

Bitcoin surge: Why should you still not invest in cryptos? These are 7 key reasons Bitcoin's staggering surge of almost 160% since October, with a remarkable 44% spike occurring solely in February, presents a stark juxtaposition to the crypto winter of 2022. During that period, the market endured an 18-month-long downturn characterized by notable corporate bankruptcies and scandals.

Investing.com-- Oil prices settled at near four-month highs Friday, on growing optimism about tighter global supplies as focus shifts to potential announcement by OPEC+ next week.    

(Reuters) — The Nasdaq hit an intra-day record high on Friday for the first time in more than two years, as chipmakers and technology stocks latched on to a rally sparked by Nvidia (NASDAQ:NVDA)'s AI optimism.

A billionaire-backed proposal to build an eco-friendly California city from scratch is off to a bumpy start to put their idea before voters this November

Donald Trump from appearing on Illinois’ Republican presidential primary ballot because of his role in the attack on the U.S. Capitol on Jan. 6, 2021, but she delayed her ruling from taking effect in light of an expected appeal by the former U.S.

By Jonathan Stempel and Luc Cohen

Real estate agent Mauricio Umansky says high mortgage rates, high prices and low supply are creating difficulties for homebuyers on 'The Claman Countdown.'

bitcoin hit $59,000 on Wednesday in the global crypto markets. And if the current rally continues, this would be maiden cryptocurrency's substantial monthly rally since Dec 2020. In just one day, bitcoin rose 4.4 per cent reaching 59,259, its highest level since Dec 2021.

With the S&P 500 recently hitting another all-time high, the investor sentiment is predominantly bullish, resulting in a consensus view on the «goldilocks outcome» among market participants.

With the S&P 500 recently hitting another all-time high, the investor sentiment is predominantly bullish, resulting in a consensus view on the «goldilocks outcome» among market participants.

By Stefano Rebaudo

By Jack Queen

The Conference Board delivers its latest monthly snapshot of U.S. consumer confidence Tuesday

Trump cast November's presidential election as «judgment day» and declared himself a «proud political dissident» during a speech before conservative activists outside of Washington Saturday as he again cloaked his campaign in religious imagery. Speaking at the Conservative Political Action Conference on the day of South Carolina's Republican primary, Trump painted an apocalyptic vision of the future if President Joe Biden wins a second term as the two prepare for an expected rematch election.

Investing.com — The U.S. dollar steadied in early European trade Friday, as traders balanced elevated risk sentiment with hawkish signals from the Federal Reserve which cast more doubts over the likelihood of early U.S. rate cuts.

Walmart reports its latest quarterly financial results on Tuesday

WASHINGTON (Reuters) — Democratic U.S. Senator Michael Bennet opposes President Joe Biden's decision to pause approvals of new exports of liquefied natural gas, saying on Sunday that it could undercut U.S. efforts to supply gas to Europe as it replaces Russian exports.

A class-action settlement that would see Toronto Dominion Bank pay out nearly $16 million has been approved – one of two multi-million-dollar payouts by the bank given the green light in recent weeks.The Ontario Superior Court of Justice granted the approval Thursday after a hearing this week for the settlement reached between TD Bank and Toronto law firm Koskie Minsky LLP over non-sufficient funds (NSF) fees.In its decision the court concluded that the “settlement, overall, is excellent, and in the best interests of the class.”A proposed settlement was reached in August 2023, less than a year after the court certified the case as a class action.Eligible customers will now share the benefits of the settlement, with an estimated $88 going into their accounts, according to the settlement agreement shared by the law firm with Global News.That amount will be directly deposited into customers’ accounts without having to file any additional paperwork, the law firm says.The total payout is worth $15.9 million but class counsel fees and disbursements, third-party litigation funding fees, an honorarium of $10,000 to the representative plaintiff and any charitable donations will be deducted and the rest will be available for distribution.People eligible to get paid must be Canadian residents who have an open personal deposit account with TD Bank that has been charged a non-sufficient funds fee by the bank on a re-presented pre-authorized debit transaction between Feb. 2, 2019, and Nov.