Remark Financial News

Nitish Kumar for his derogatory remarks in the state assembly, African-American actress and singer Mary Millben has called on a «courageous» woman to «step up» and declare her candidacy for Bihar Chief Minister. Millben also asked the Bharatiya Janata Party (BJP) to «empower a woman to lead in Bihar.» «After #NitishKumar Ji's comments, I believe a courageous woman needs to step up and declare her candidacy to run for Chief Minister of Bihar. If I were a citizen of #India, I would move to Bihar and run for Chief Minister.

euro was near a 15-year high on the yen and was firm against the dollar on Thursday, following hawkish remarks from European policymakers and the prospect of falling energy prices. At $1.0703 the common currency withstood a rising greenback after the European Central Bank's chief economist said he had not seen enough progress in taming inflation. Overnight, the euro touched its highest since 2008 at 161.73 yen, having broken out since the Bank of Japan left short-term rates on hold last week as investors see the pair as safer than navigating the risk of an intervention in dollar/yen. The euro is also up 0.5% this week to 87.14 pence. Ireland's central bank chief Gabriel Makhlouf said on Wednesday further interest rate hikes should not be excluded, something markets do not expect at all, while Bundesbank President Joachim Nagel said the «late mile» to the inflation target may be the toughest. «While the market has been focusing on the prospects of rate cuts from (G10 central banks) next year, many of the respective central bankers have been pushing back against this speculation,» said Rabobank senior strategist Jane Foley. «As long as inflation remains above target, policy makers are likely to want to keep alive the risk of further tightening particularly since a significant drop in market rates could worsen inflationary risks.» The unloved yen failed to get much of a boost from a fall in U.S.

Gold prices edged higher in early Asian hours on Thursday, helped by a dip in US Treasury yields, while investors looked forward to comments from U.S. Federal Reserve Chair Jerome Powell for more clues on interest rates. FUNDAMENTALS * Spot gold was up 0.2% at $1,953.74 per ounce by 0128 GMT after hitting its lowest since Oct.

By Chuck Mikolajczak

November has an unmistakable allure for the Wall Street. Since 1950, it has consistently been one of the best months of the year for the S&P 500, a distinction unchallenged since 2011.

Investing.com — The Dow closed lower Wednesday, snapping a seven-day wining streak as investors paused their bullish bets on stocks amid ongoing quarterly corporate earnings and remarks from Federal Reserve officials.  

The NSE Nifty 50 index closed 0.19% higher at 19,443, while the S&P BSE Sensex rose 0.05% to 64,975. Here's how analysts read the market pulse: «On the daily charts, we can observe that the Nifty has been consolidating around the resistance zone of 19450 – 19500 where both bulls and bears are trying to defend their respective boundaries. On the way down, Nifty is trading above the key hourly moving averages 19340 – 19320 which shall act as an immediate support zone in case of a dip.

₹2.1 trillion, which is the highest half-yearly amount seen in the past four years and 3.8% higher than the already high subsidy burden in the corresponding period last year. Going forward, an increased subsidy burden could put pressure on the government’s capex plan as it tries to achieve its fiscal deficit target for 2023-24. With capacity utilization rising (74% as of the year’s first quarter), private investment is expected to pick up.

Raymond Ltd on Wednesday reported a marginal rise in its net profit to ₹159.78 crore for the September quarter from ₹158.86 crore in the previous year. While the profit growth was modest, it came amid a delayed festive and wedding season, which typically contributes significantly to the company's sales. “With the onset of festivities and wedding season, we at Raymond are optimistic that there will be an uptick in the consumer demand and overall sentiments should remain positive," said Gautam Hari Singhania, chairman & MD, Raymond Ltd.

NEW DELHI/WASHINGTON : US Secretary of State Antony Blinken and Defense Secretary Lloyd Austin will hold talks with India this week that officials say will focus on security challenges in the Indo-Pacific and concerns over China, rather than the wars in Gaza and Ukraine. The talks in New Delhi on Friday with India's foreign minister Subrahmanyam Jaishankar and defence minister Rajnath Singh are part of the so-called "2 2 Dialogue", launched in 2018 to boost defence cooperation and align policy objectives in the Indo-Pacific region.

San Antonio Spurs’ sensation, Victor Wembanyama, has taken the NBA Top Shot stage.

physiotherapist, Nick Jones, played a crucial role in Glenn Maxwell's remarkable World Cup knock against Afghanistan on Tuesday night. Despite suffering from multiple cramps, Maxwell pushed through and delivered an unbeaten 201 runs, propelling Australia into the semifinals. Jones, who has been working with the Australian team for the past two years, knew that the key to Maxwell's success was to minimize his running and focus on his shots.

Prime Minister Narendra Modi launched a scathing attack at Bihar Chief Minister Nitish Kumar on Saturday over the latter’s ‘population control’ remarks in the state assembly, saying the leaders of the INDIA bloc insulted India before the world.

Chinese President Xi Jinping said Wednesday that potential risks associated with artificial intelligence (AI) are challenges that countries should deal with together, remarks that come against the backdrop of China’s rigid control of free speech on the internet. At the same time, China has also maximized the internet’s economic benefits and social media’s propaganda contributions to the ruling Communist Party’s authoritarian agenda.

rupee closed little changed on Wednesday, wedged between buoyant local U.S. dollar demand on one side and a retreat in crude oil prices and U.S.

Angelo Mathews' batting helmet has now made it into the road safety awareness campaign of Odisha State Transport Authority. Riding on the spotlight generated by Mathews controversial timed-out dismissal, the state transport authority in its latest rode safety campaign has stressed on the importance on the use of standard and certified helmets while driving on roads. Mathews was ruled timed out during the World Cup match between Sri Lanka and Bangladesh played on November 6 after he was not ready to face the first ball of his innings within the stipulated time of two minutes. The cricketer could be seen pointing out that the strap of his helmet was broken and sought another helmet. In the awareness post on X and Facebook, the STA shared a post, «Don't throw away your wicket, play a consistent long innings.

Fox discusses the miscarriage she experienced with Machine Gun Kelly. The actress shared her difficulties of miscarriage in two of her poems. The actress tells in the book, which was published, that she takes the blame for what happened.

Kremlin said on Wednesday that the West had demonstrated its aggression towards Russia but said that when it came to nuclear weapons, Moscow had its nuclear doctrine and that this had not been changed. Russian Security Council Secretary Nikolai Patrushev said earlier on Wednesday that the «destructive» policies of the United States and its allies were increasing the risk that nuclear, chemical or biological weapons would be used. When asked about the remarks, Kremlin spokesman Dmitry Peskov said: «Patrushev is the secretary of the Security Council. He is part of the Kremlin.

odd-even vehicle rationing scheme with the Supreme Court during the next hearing, the national capital's environment minister Gopal Rai said on November 8. “We have two major studies related to the odd-even policy. One was conducted jointly by Harvard University and Chicago University, and the other by Delhi Technical University.

By Samuel Indyk

Prince Pipes & Fittings, India's leading integrated piping solutions provider and multi-polymer manufacturer, witnessed a remarkable surge in its stock price during Wednesday's trading session, driven by the company's strong Q2FY24 performance. For the September ending quarter (Q2FY24), the company reported a net profit of ₹71 crore, a significant improvement compared to the net loss of ₹24 crore in the same period last year. The company's Q2FY24 results include an exceptional item of a net gain of ₹17.93 crore related to the settlement of the registration of its corporate office at The Ruby, Dadar, Mumbai, based on a valuation report, as per the company's earnings report.