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Refinitiv after a glitch on the electronic trading platform caused trading volumes in the foreign exchange market to dry up, causing volatility in the rupee, which marked new lows versus the US dollar on Friday. Market sources told ET that the trading outage, which occurred around mid-day, resulted in orders drying up, exacerbating volatility in the rupee’s exchange rate amid a global selloff in stocks and bonds due to hawkish comments by the US Federal Reserve chairman. The rupee closed at an all-time low of 83.34 per US dollar on Friday. Intraday, the rupee weakened to as much as 83.48/$1, also a fresh low.

digital advertisement policy that will enable websites with a minimum of 2.5 lakh unique users per month and other digital platforms such as OTT and podcasts to get empanelled for publicity campaigns. The policy, unveiled by the Ministry of Information and Broadcasting, will enable and empower the Central Bureau of Communication (CBC) to undertake campaigns in the digital media space.

Blinkit, the quick-commerce arm of food delivery major Zomato, on Friday reported a surge in sales of gold and silver coins along with other items associated with Dhanteras celebrations. Other quick-commerce platforms such as Swiggy Instamart and Zepto were also selling gold and silver coins on Dhanteras. Dhanteras, also known as Dhanatrayodashi, is the first day of the festival of Diwali across many regions in the country. On this day, purchasing items made of gold, silver and brass is considered to be auspicious, and doing so is perceived to usher in prosperity and success in people’s lives. This year Dhanteras is being celebrated on November 10.

₹1,400 crore, people familiar with the deal said. The deal closed on Friday, marking Davidson Kempner's exit from the firm. An entity owned by Pai bought all the non-convertible debentures (NCDs) of Davidson Kempner on NSE's Cbrics platform.

Multibagger IPO: Money is not in buying and selling of stocks but in wait. This age old investment theroy holds well on initial public offering (IPO) as well. When a person applies for an IPO, its objective can be classifide into two types — listing gain, long term gains along with listing premium.

OTTs like Disney Plus Hotstar, Netflix and Amazon Prime Video promises a little something for everyone. Here's a curated list of the most promising releases this week, from action movie ‘The Killer,’ comedy movie ‘Dina Hashem: Dark Little Whispers’ to drama show ‘At the Moment,’ and more. Release date: November 10 Platform: Netflix ‘The Killer’ is an American neo-noir action thriller film directed by David Fincher and written by Andrew Kevin Walker.

By Sophie Yu and Casey Hall

Lloyds Bank has issued a warning over a significant surge in crypto scams, revealing a 23% rise from the previous year.

Omegle, the once-popular online chat platform, has officially shut down after a 14-year run, marking the end of an era in the world of random online conversations. Founded in 2009 by Leif K-Brooks, Omegle gained fame for its unique approach of connecting strangers for anonymous one-on-one interactions. However, the platform faced substantial challenges over the years, leading to its ultimate demise.

Bitcoin is finally back to where it traded before the event that precipitated the last crypto crash. The dominant cryptocurrency rose as much as 6.7% to $37,973 on Thursday before paring the gain. That was the highest since May 5, 2022 — just before the TerraUSD stablecoin collapsed and ignited a daisy chain of failures across the cryptoasset space. Bitcoin completed its full recovery from that debacle almost exactly to the year after the rout reached its nadir when Sam Bankman-Fried’s exchange FTX filed for bankruptcy. “With Bitcoin trading back above the level when the Terra stablecoin imploded, crypto traders have officially moved on from those psychological scars,” said Markus Thielen, head of research at Matrixport. Unlike in previous boom cycles, Bitcoin staged this year’s recovery in fits and starts, with sharp advances interspersed with long lulls of low volatility. To get here, it had to overcome the steepest monetary tightening by the Federal Reserve in four decades, along with increasingly stringent industry regulations.

CarTrade Tech jumped over 13% to hit their 52-week high of Rs 825 on the NSE on Friday following the September quarter earnings posted by the company on Thursday where the online classifieds and auto auction platform reported a 44% jump in its revenue growth and a 132% growth in profit after tax (PAT). Today's gains take stocks' rally to seven sessions in a row. The price action was supported by volumes as 16 lakh shares changed hands on the NSE around 11:15 am. The company recorded a total income of Rs 330.24 crores in Q2FY24 with net revenue reported by it during the quarter at Rs 147.94 crores, the company filing to the exchanges revealed.

Diwali approaches, the excitement of celebrating with loved ones is building up. The festival of lights not only brings joy but also the thrill of shopping for favorite gadgets, clothing, accessories, and more. While buying new items during this festive season is a tradition, the trend of online shopping for gifts, decor, and clothing has gained popularity.

OpenAI's ChatGPT and Microsoft's cloud computing, to enable virtual assistant interactions, reported Reuters. The device, known as the Ai Pin, is intended to be worn on clothing. It allows users to tap and communicate with a virtual assistant, which is powered by technologies from OpenAI, the creator of ChatGPT, and utilizes cloud computing power from Microsoft.

CarTrade Tech, a multi-channel auto platform provider, saw its share price skyrocket over 14% to hit a new 52-week high in today's trade following the company's Q2FY24 earnings announcement. The company on Thursday announced its Q2FY24 scorecard after market hours, reporting a net profit of ₹12.97 crore, a 130% jump from a net profit of ₹5.58 posted in the same period of last year.

(Reuters) -Meta Platforms has struck a deal with Tencent Holdings (OTC:TCEHY) to sell a new, low-cost virtual-reality (VR) headset in China, as it tries to return to a market where Facebook (NASDAQ:META) and Instagram remain blocked, the Wall Street Journal reported on Thursday.

BEIJING — Chinese business database Qichacha said Friday it passed a data export security assessment that allows the company to resume overseas operations.

₹400 to ₹425 in the unlisted market, a report by Economic Times stated. The company, now valued at ₹1.5 lakh crore on the platform for unlisted stocks, is the third biggest non-bank lender by market capitalisation - just after the Bajaj twins, it highlighted. Bajaj Finance currently has a market capitalisation of ₹4.47 lakh crore, whereas Bajaj Finserv and Jio Financial Services command market capitalisations of ₹2.53 lakh crore and ₹1.37 lakh crore, respectively, added ET report.

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Vipul Shah, Chairman, Gem & Jewellery Exports Promotion Council (GJEPC). In an interaction with ET Digital, Shah says he is upbeat about the prospects of the gems & jewellery sector as the industry expects the ongoing festive month to give a sharp surge in demand.

Manish Chokhani, Director, Enam Holdings, says “I am not a believer that you make everyone poorer and distribute the poverty. You have to make everyone richer and pull them up. I am hopeful this happens and everything is back on balance. I have no axe to grind, I have no products to sell, no brokerage to run, no mutual fund to sell and I have invested myself. I really think the next 20 years is really India's period, it is for us to lose.” You have said that when India's market cap was not even a trillion dollars, five corporate houses would be building the next couple of trillion dollars for us and that time you were vocal about Reliance. BATAJ. Yes. We called it.

Indo-Pacific region. The country said the US-India relationship is one of the most strategic and consequential of the 21st century, as per a fact sheet released by the US State Department. The fact sheet said the 2+2 Ministerial Dialogue between the US Secretaries of State and Defence and their Indian counterparts is the premier recurring dialogue mechanism between the United States and India. «Through the 2+2 mechanism, US and Indian officials advance a wide range of initiatives across the breadth of the United States-India partnership,» it said. US Secretary of State Antony Blinken on Friday arrived in New Delhi to co-chair the 5th India-US 2+2 Ministerial Dialogue. Ministry of External Affairs (MEA) Official Spokesperson Arindam Bagchi said Blinken's visit will give further boost to India-US Comprehensive Global Strategic Partnership. «A warm welcome to U.S.