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Kejriwal is expected to appear before the Enforcement Directorate (ED) on Thursday in connection with a case related to the alleged excise policy scam. The ruling Aam Aadmi Party (AAP) has remained silent on whether the chief minister will comply with the ED's summons. In April, Kejriwal was questioned by the CBI regarding the alleged liquor scam. At that time, he denounced the entire case as «fabricated» and viewed it as an attempt to undermine the AAP's credibility. Earlier this year, former deputy chief minister Manish Sisodia was arrested by the Central Bureau of Investigation (CBI) in connection with the same case. Subsequently, the ED also arrested Sisodia on money laundering charges arising from the CBI's initial FIR. The Supreme Court recently rejected his bail plea. The CBI and the ED are conducting investigations into the Delhi government's excise policy for 2021-22, which has since been scrapped. The policy was accused of favoring specific liquor dealers, an allegation vehemently denied by the AAP. The investigation was initiated following a report from the chief secretary of the Delhi government, which prompted Lieutenant Governor V K Saxena to recommend a CBI probe in July the previous year. The report highlighted various alleged irregularities, including a waiver of Rs 144 crore to retail licensees in the name of COVID-19-impacted sales and a refund of Rs 30 crore to a successful bidder for an airport zone who failed to obtain a no objection certificate for opening liquor stores there. Additionally, there were allegations of a quid pro quo scenario where the commission of wholesale licensees was increased from five percent to twelve percent.

US Federal Reserve kept interest rates unchanged. Hopes that the US central bank is done with rate hikes fueled optimism among investors. The domestic equity indices ended lower on Wednesday, extending their losses for the second consecutive session.

Dividend stocks 2023: Shares of Hindustan Unilever, Kajaria Ceramics, Laurus Labs, Share India Securities, Tech Mahindra, Bhansali Engineering Polymers, and Cantabil Retail India will be in focus when stock market opens today. The board of directors of these companies have declared dividend and stock split for its eligible shareholders. Hindustan Unilever declared an interim dividend of ₹18 per share, Kajaria Ceramics declared an interim dividend of ₹6 per share.

US Fed's decision. The US Fed kept interest rates unchanged for the second consecutive meeting, with the US economy and labour market improving and inflation remaining well above the US central bank's target.

Day trading guide for today: Domestic equity indices Sensex and Nifty 50 extended their losses into the second consecutive session amid mixed global cues. Nifty 50 closed at 18,989.15, down 90 points, or 0.47 per cent, while the 30-share pack ended 284 points, or 0.44 per cent, lower at 63,591.33. Midcap and smallcap indices also suffered losses but they still outperformed the benchmarks.

SYDNEY (Reuters) -Australia's Origin Energy said on Thursday it had received a sweetened takeover bid from a Brookfield consortium, valuing the power producer at A$16.40 billion ($10.49 billion), days after its top shareholder rejected the previous offer.

iCap Enterprises Inc., a real estate investor and manager that raised $245 million from investors by selling through independent broker-dealers, declared bankruptcy near the end of September, and now clients who bought the high-risk securities are suing those firms.

TradeGPT 360 Evix, also known as TradeGPT 360 AI, promises to help users ‘buy, sell, and trade crypto like never before’. It claims to bestow upon its users a futuristic trading system where buying and selling assets is autonomous and precision and profitability is the norm.

The time to shop for health insurance on the Affordable Care Act’s coverage marketplaces is back

PM Gati Shakti initiative. These projects were assessed in the 58th Network Planning Group (NPG) meeting on October 17.

Following the European Central Bank (ECB)'s decision to conclude its string of consecutive interest rate hikes and maintain its rates at the current level, the financial world's attention has shifted to the Federal Reserve.

₹22,850 crore worth of Indian shares so far in October, the most for any month since January. The Fed is widely expected to hold rates at its policy decision after the bell on Wednesday, but Chair Jerome Powell's commentary will be key. Any indication of rates remaining high for a prolonged period will weigh on IT stocks, which have already warned of weak spending by their US and European clients.

Nifty on Wednesday ended 90 points lower to form a negative candle on the daily chart and indicate the formation of a lower top around 19,230 levels. The short-term trend of the Nifty continues to be weak. It is expected to slide down to the lower support of 18,850 levels (200-day EMA) once again before showing another round of upside bounce from the lows.

Hero Motocorp Chairman Pawan Munjal received approval for his proposed 20% reduction in his salary. Earlier, he had volunteered for a salary cut after the separation of roles of Chairman and CEO of the company. Also Read: Hero Motocorp Q2 results: Net profit jumps 47% to ₹1,054 crore; revenue up 4% The Board of Directors of the Company, on Wednesday, announced the quarterly earnings of the company for the September quarter.

The Swiss franc is back on track to be the strongest performing G-10 currency against the dollar this year, beating all of its peers in October.

Jindal Steel and Power Ltd (JSPL) share price declined more than 7% during intraday trades on Wednesday post its Q2 results, which were declared after-market hours on Tuesday. The company while reported a strong net profit growth it is the slight extension in expansion timeline and the concerns on rising coal costs that has led to the analysts cutting forward estimates.

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By Riyank Arora

Geojit Financial Services jumped 14.5% to Rs 68.9 in Wednesday's trade on BSE as the company reported a 58% YoY rise in second-quarter profit at Rs 38 crore as against Rs 24 crore a year earlier. In the quarter, the consolidated revenue stood at Rs 145 crore, up 29% as against Rs 112 crore in the corresponding period of the preceding fiscal. Earnings before investment, tax, depreciation, and amortisation (EBITDA) for the quarter jumped 44% YoY to Rs 59 crore in Q2 FY24 as compared to Rs 41 crore in Q2 FY23. For the first half, revenue increased 22% to Rs 261 crore from Rs 214 crore and it earned a profit after tax of Rs 60 crore during the period, up 30% from Rs 46 crore a year ago. At 1.14 p.m., the scrip was trading 13% higher at Rs 68 on BSE. On a year-to-date basis, the stock has also risen over 40%, while it has declined over 15% in the past 2 years. Technically, the stock's day RSI (14) is at 63.7.