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Wall Street today: US stocks rise as investors eye inflation data “That he is able to generate a crowd says that the crowd is back to feeling FOMO and YOLO in an enormous way. When people dive into things that are of pure speculative value, their confidence is extremely high and this is one of the ways that it manifests," Peter Atwater, president of Financial Insyghts and an adjunct professor at William & Mary and the University of Delaware, was quoted as saying by Bloomberg. GameStop surged in a three-week rally leading up to Monday's spike, marking its longest winning streak of the year, with shares climbing 68% during that period.

AAUM) of the northeastern states has grown by nearly 145 per cent from 2020 to touch Rs 40,324 crore in March 2024, up from Rs 16,446 crore in March 2020, indicating a growing appetite among investors from smaller towns and cities to invest in mutual funds. The share of the northeastern states increased to 0.73 per cent of the total AAUM of the mutual fund industry, which stood at Rs 55.01 lakh crore in March 2024, up from around 0.67 per cent in March 2020, when the industry’s AAUM stood at Rs 24.71 lakh crore. Though the contribution of these states to the total AAUM of the industry is still small in percentage terms, there has been a steady and consistent growth in mutual fund inflows in these states backed by increasing awareness among people and the growing interest among retail investors for investing in equities through the mutual fund route, Ashwini Kumar, Senior Vice President and Head Market Data, ICRA Analytics, said.

Also Read: Maldivian defence minister admits 'no pilots fully operational' as Indian defence personnel depart, says report "I thank EAM @DrSJaishankar and the Government of #India for extending vital budgetary support to Maldives with the rollover of USD 50 million Treasury Bill," said Moosa in a post on X. "This is a true gesture of goodwill which signifies the longstanding friendship between Maldives and India," he added.

Former President Donald Trump rewrote the consensus on trade policy, so much so that President Biden largely copied it: Prioritize domestic manufacturing, deprioritize trade deals, sideline the World Trade Organization and embrace tariffs. Other than Trump himself, no one did more to refashion that consensus than his trade ambassador, Robert Lighthizer. He has unfinished business.

By Rahul Pandey

A post shared by Paulo Coelho (@paulocoelho) Since the October 7 attacks by Hamas-backed terrorists in Israel and the subsequent bombings in Gaza, pictures depicting violence, helplessness and trauma are all over the internet. But, apart from diplomatic condemnations, the pictures didn't change much reality on the ground as Israel's bombings in Gaza continues and the death toll in the Palestinian territory has crossed a whopping 35,000.

In a pivotal cabinet reshuffle following his fifth term as Russia’s President, Vladimir Putin has appointed civilian-economist Andrei Belousov as the new Defence Minister, replacing Sergei Shoigu, who assumes the role of Secretary of the Security Council (NSA). This decision, amidst soaring defence expenditures due to the ongoing conflict with Ukraine, underscores Putin’s strategy to navigate economic challenges while bolstering national defence.

The internet is already a dumping ground for all sorts of views and statements with dubious claims to veracity. We bemoan echo chambers that feed people with misinformation and host content that’s not just blatantly false, but also likely to whip up a frenzy. Power mongers understand how ‘mob mentality’ works online and use it to their advantage.

economic advisor to Nepal's President Ram Chandra Paudel has resigned after his controversial remarks on the government's decision to issue new hundred-rupee notes with a map that includes three Indian territories, a move already rejected by India. The President approved Chiranjivi Nepal's resignation on Sunday, according to a press release issued by the Office of the President.

International Monetary Fund warned the Maldives against looming «debt distress» Monday, as the small but strategically placed luxury tourist destination looks set to borrow more from main creditor China.

Bitcoin (BTC) began the week on a downward trend, trading around $61,000 with an intraday low of $60,675. Despite a previous surge following the U.S. approval of exchange-traded funds (ETFs), Bitcoin has not regained momentum.

AAUM) of northeastern states have grown by 145% from Rs 16,446 crore in March 2020 to Rs 40,324 crore in March 2024. This indicates a growing appetite among investors from smaller towns and cities to invest in mutual funds, according to a report by ICRA Analytics. The share of the northeastern states has increased to 0.73% of the total AAUM of the mutual fund industry and stood at Rs 55.01 lakh crore in March 2024. This has increased from around 0.67% in March 2020, when the industry’s AAUM stood at Rs 24.71 lakh crore. “Though the contribution of these states to the total AAUM of the industry is still small in percentage terms, there has been a steady and consistent growth in mutual fund inflows in these states backed by increasing awareness among people and the growing interest among retail investors for investing in equities through the mutual fund route, said Ashwini Kumar, Senior Vice President and Head Market Data, ICRA Analytics.

The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, several Federal Reserve officials have said in recent comments, suggesting there may be few, if any, rate cuts this year

Cotton Association of India (CAI) on Saturday estimated cotton exports to rise about 27 per cent to 28 lakh bales during 2023-24 crop year ending September. In 2022-23 crop season (October-September), cotton exports were at 22 lakh bales, CAI said. One bale is equal to 170 kilogram.

“Shark Tank” investor Mark Cuban advocated for the Commodities and Futures Trading Commission (CFTC) to oversee all cryptocurrencies. He was responding to Republican presidential candidate Donald Trump’s crypto endorsement on social media, urging the US to stop hindering its development.

elections to the 175-member state Assembly being held on Monday. Follow all Live Updates on Phase 4 Polling Here Elections to 175 assembly seats and 25 Lok Sabha seats of Andhra Pradesh are being held simultaneously in the fourth phase of the general elections 2024 on Monday.

Volodymyr Zelenskyy reported intense military activity in Ukraine, stating that the country is experiencing "fierce battles" and facing "extremely difficult" circumstances in certain regions. Despite these challenges, he emphasised the importance of resilience and the need to “hold its ground," ANI reported. In a public address, Zelenskyy expressed concerns about Russian psychological warfare, cautioning, "the occupier feeds on lies and the fear that follows the lies." He advised the public to remain sceptical of sensational news, stressing the importance of verifying information and maintaining emotional composure.

Buy or sell stocks for today: The performance of the Nifty 50 index is a key indicator of the Indian stock market's health. Despite the index ending higher on Friday's session, the market experienced its worst week in nearly two months. This was due to nervous election-related unloading, which continued at a slower pace.

apartment block collapsed after being struck by fragments of a Soviet-era missile, launched by Ukraine and shot down by Russia, Russian officials said.

Milei had been elected president of South America's second-largest nation in November, Elon Musk posted on the social platform X: «Prosperity is ahead for Argentina.»

Read here: Week Ahead: Inflation data, Q4 Results, FII activity, global cues among key market triggers this week On Friday, the Indian stock market benchmark indices ended higher, but lost over 2% each for the week, with heavy selling seen in broader markets. The Sensex gained 260.30 points, or 0.36%, to close at 72,664.47, while the Nifty 50 settled 97.70 points, or 0.44%, higher at 22,055.20. “Heavy FII selling, and concerns over the outcome of ongoing general elections added to the overall pressure in the markets.