Remark Financial News

WASHINGTON—During more than a dozen phone calls to discuss the war in Gaza between President Biden and Prime Minister Benjamin Netanyahu, a U.S. official, who has become increasingly involved in the administration’s handling of the conflict, was listening in: Vice President Kamala Harris.

Gaza's Health ministry over 16,000 Palestinians have lost their lives in Gaza. Meanwhile, in an interview with CNN, the Israel Defense Forces (IDF) has informed that they have killed ‘two Palestinian for every Hamas militant’ in their relentless bombing and intensive ground offensive in Gaza.

MPs even before the Speaker started the proceeding for the day in the Lok Sabha. Union Minister Piyush Goyal sought an apology from DMK MP TR Baalu for Kumar's comments in the House. "He (Baalu) should first apologise.

Bajaj Auto has witnessed a remarkable 70% rally in its share price this year so far, marking the best yearly performance since 2009. This stellar performance can be attributed to a surge in domestic sales, sequential improvement in exports, strong growth in the 125cc+ bike segment, a significant rise in Triumph sales, and strong financial performance. On November 28, the stock achieved a significant milestone by surpassing the ₹6,000 mark and has since maintained its upward trajectory, reaching an all-time high of ₹6,217 apiece during Monday's trade.

Nifty recorded a new all-time high daily in December, the 50-stock index was still not among the top-performing global indices in November, falling behind benchmark indices in developed markets viz US, UK, Japan, France, Switzerland and Germany. Among the emerging markets, Nifty was behind Taiwan, Korea, Brazil, and South Africa while remaining ahead of China. Nifty rose 5.5% in November, witnessing a turnaround after hitting a low of 18,989.15 on November 1, led by gains in auto, healthcare, and realty stocks.

By Leika Kihara and Takahiko Wada

GoKwik said the Black Friday weekend saw a 36% increase in orders with gross merchandise value surging 57% increase on its network. Beauty and cosmetics saw a 2.5 times surge in orders followed by home decor 94.9%, electronics at 62.5%, health and nutrition by 61% and fashion at 41%.

As of late, the Commodity Futures Trading Commission (CFTC) has adopted a resolute position against Binance, which is the biggest cryptocurrency exchange in the world. As the former Chief Executive Officer of Binance, Changpeng Zhao (CZ) has resigned from his position after entering a guilty plea to charges that include violating anti-money laundering laws in the United States. Binance has agreed to pay penalties totaling more than $4.3 billion as part of a deal with the authorities in the United States. Among them is the personal contribution of fifty million dollars made by Zhao. This case exemplifies the dedication of the Commodity Futures Trading Commission (CFTC) to enforce trading restrictions in the United States, especially against firms that let consumers in the United States to trade unregistered bitcoin derivatives.

Also Read: Stellar rally! Nifty 50 jumps 1,159 points in just 13 sessions Friday's rally has also pushed the market capitalization of the NSE-listed companies to cross the $4 trillion mark for the first time. The positive momentum continued into the following two trading sessions, following the ruling party, BJP's decisive victory in three out of four critical state elections, instilling confidence in political stability for 2024. During Monday and Tuesday's trade, the Nifty 50 surged by 2.07% and 0.81%, and in today's session, it maintained the momentum, reaching a new peak of 20,958.65 points, gaining by 0.50%.

Federation of Automobiles Dealers Associations (FADA) on Wednesday said that the auto sales in November grew by 18 per cent annually with a historic sale of 28.54 vehicles, surpassing March 2020 record of 25.69 vehicles. The apex body also said that the record sales come amid the industry's transition to BS-6 from BS-4 emission norms.

SINGAPORE (Reuters) — Nvidia (NASDAQ:NVDA) will continue to develop a new set of products that comply with U.S. government regulations involving exports of high-end chips to China, CEO Jensen Huang said on Wednesday.

By David Shepardson

MUMBAI : The Sleep Company, an omnichannel leader in the comfort-tech business, has raised ₹184 crore in Series C from existing investors Premji Invest and Fireside Ventures. The company, which provides both sleep and seating technology, will use the funding to grow its offline presence, expand in other regions and widen its product basket, the founders said in an interview. This is the second funding round in 12 months from the same set of investors.

Bitcoin, currently standing as the premier cryptocurrency, has witnessed a remarkable surge, pushing its price to a striking $41,765. Accompanied by a substantial 24-hour trading volume of $27 billion, Bitcoin has experienced an impressive upswing of nearly 6% in the last day alone.

Robert De Niro, who is in Martin Scorsese’s film Killers Of The Flower Moon was unimpressed when he found out that his speech which he was about to deliver at Gotham Awards on November 27 had been edited to remove some remarks against former President Donald Trump. True to his character, Trump did respond to the actor's comments.

Ontario’s housing market is raising red flags.

Prince Harry is challenging the British government's decision to strip him of his security detail after he gave up his status as a working member of the royal family and moved to the United States

Credit rating agency Moody’s has downgraded its outlook for Chinese sovereign bonds to negative, citing risks from a slowing economy and a crisis in its property sector

In his book Guns, Germs and Steel, Jared Diamond explains why the transition from a nomadic hunter-gatherer lifestyle to settled farming was such a major shift in the human story. Once humans learnt to farm, they could put down roots, both literally and metaphorically.

Rockstar Games' highly anticipated video game sequel GTA VI has spread like wildfire throughout the internet in the hours since its release. The trailer, set in a fictionalised version of Miami known as Vice City and paired to the music of Tom Petty's «Love is a Long Road,» was forced to be released ahead of schedule on Tuesday (5 December) when it was leaked online. The game is a sequel to Grand Theft Auto V, which was released in 2013 and is presently the second best-selling video game in history. Fans praised the game's graphics and the apparent decision to focus on a female protagonist for the first time in the franchise's history in their reactions to the trailer. «I cant- i am speechless, I have no words to describe how excited i am about the GTA 6 trailer like wtf.» «goosebumps,» commented one fan on X/Twitter. «That GTA 6 trailer is incredible.» «No notes,» wrote another. «Wow! Congratulations to the whole GTA 6 development team at @RockstarGames! The game appears to be fantastic. Unfortunately, the trailer was leaked before time, which ruined the moment, but the trailer is really lovely! The year 2025 cannot come fast enough! » said another person. Several fans, however, have complained about the lengthy wait for the next edition.

₹510.40 on NSE on Monday’s trading session after the company informed the completion of the acquisition of Sanghi Industries Limited (SIL) on December 5, in an exchange filing to Indian bourses. Meanwhile, the share price of Sanghi Industries hit 5% upper circuit, traded at ₹129.90 per share on Monday. ACL has secured a commanding 54.51% stake in SIL, emphasizing its dedication to harnessing operational synergies from this acquisition.