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Life Insurance Corporation of India share price gained more than 2% in morning trades on Wednesday helping its market cap cross the ₹5.8 Lakh Crore mark as it touched 52 week highs of ₹919.45 a piece. LIC market cap thereby surpassed market cap State Bank Of India (SBI) . SBI share price was down 1% on the BSE while its market cap stood at around ₹5.62 Lakh Crore .

BSE Sensex and NSE Nifty also witnessed a sharp selloff. Tensions in the Middle East and dimming rate cut hopes by the US Fed also weakened the sentiment, especially after a sharp rally to record-high levels. The benchmark Sensex tanked more than 1,100 points at open, while the Nifty began trading 395 points lower below 21,650.

Nuvama Institutional Equities report. L&T Technology Services share price today opened at ₹5,325.05 and touched an intraday high of ₹5,535.60 and an intraday low of ₹5,325.05 apiece on BSE.

Canada to set a cap on international students amid housing crisis, fix 'out of control' system In October, Canada was forced to pull 41 diplomats, or two-thirds of its staff, out of India on orders from New Delhi. In addition, the dispute has prompted Indian students to seek to study in other countries, a spokeswoman for the minister said. Those factors led to an 86% drop in study permits issued to Indians in the fourth quarter of last year from the previous quarter, to 14,910 from 108,940, according to official data that have not been previously reported.

Salaar Box Office Collection Day 26: Prabhas' 'Salaar: Part One- Ceasefire' had a big start at the Box Office following its release before a long weekend that included Christmas. On its release day, the film raked in ₹90.7 crore net but the numbers have been struggling to keep up with every passing day marking new lows. The numbers picked up a bit during this weekend.

₹1,570 apiece. The downward trend persisted, reaching an intraday low of ₹1,560 (-7%). Given HDFC Bank's substantial 14% weightage in the Nifty 50, its performance significantly impacted the index during today's trade.

Shivam Dube and Yashasvi Jaiswal shining bright with their batting performances. India and Afghanistan have played 7 T20I matches against each other so far, with 6 of those producing results. The Afghans are yet to secure a win against the Men in Blue.

The operator of the wrecked Fukushima Daiichi nuclear power plant in Japan says it has no new safety worries and envisions no changes to the plant’s decommissioning plans even after a deadly earthquake on Jan. 1 caused minor damage to another idled nuc...

Bloomberg report, Trump on Tuesday urged New Hampshire Republicans to reject Nikki Haley's candidature, claiming that Democrats were supporting it, following his historic victory in the Iowa caucuses. While speaking at a rally in Atkinson on Tuesday, Trump said, “Nikki Haley in particular is counting on the Democrats and liberals to infiltrate the Republican primary," as quoted by Bloomberg. “I’ll tell you we have these two people.

Q3 Results 2023: Indian markets are poised to witness a diverse display of financial performances as several companies unveiled their Q3 results on January 17. From paint giants to life insurers, technology firms to housing finance players, the day is painted with a spectrum of different sectors' Q3 results.

MS Dhoni have filed a defamation case against the cricketer in the Delhi High Court. The plea is listed for hearing on January 18 before Justice Prathiba M Singh. Plaintiffs and former business partners Mihit Diwakar along with his wife Soumya Das filed a request for a permanent injunction and damages against Dhoni, social media platforms, and media houses.

Indian Meteorological Department (IMD) has forecasted that very dense fog conditions likely to continue to prevail over North India for the next four days. The weather agency also noted that severe cold wave conditions, and severe cold day conditions will continue in Delhi and North India. According to Delhi Airport FIDS (Flight Information Display System), a total of 120 flights were delayed both (domestic and international) arrivals and departures, due to dense fog on Wednesday.

A recent news report in The Times of India suggests that in order to curb mis-selling, “insurance agents may be required to maintain audio-visual records of [the] sales pitch" they make to prospective buyers of insurance policies. A letter suggesting the same seems to have gone from the Centre’s consumers affairs secretary to the financial services secretary.

BSE on Wednesday, January 17, a day after the company reported its December quarter results. HDFC Bank share price opened at ₹1,583.85 against its previous close of ₹1,678.95 and soon cracked 6.5 per cent to hit the level of ₹1,570. HDFC Bank on Tuesday reported a 33 per cent jump in its net profit at ₹16,372 crore in Q3 of FY24, as compared to ₹12,259 crore a year ago.

Merry Christmas Box Office Collection Day 5: Merry Christmas marks Sriram Raghavan's Tamil debut as the film was made simultaneously in Hindi and Tamil. Raghavan's directorial movie collected ₹2.55 crore net on its release day. It minted ₹2.3 crore from the Bollywood version and ₹22 lakh from the Tamil version.

A Russian senator has claimed the nation’s Central Bank is “turning a blind eye” to firms that use crypto as a payment tool in international trade.

BEIJING — China has resumed reporting the unemployment rate for young people.

HDFC Bank, India's biggest by market value, kicked off third-quarter earnings for banks with a 34% on-year rise in net profit, underpinned by strong growth in retail loans and fee incomes. The bank, which merged its mortgage-lending parent into itself last year, is focused on mobilising deposits that have lately trailed credit growth. Bank Deposits Climb 28% YoY The Mumbai-based lender's December quarter net profit rose to ₹16,373 crore, from ₹12,259 crore a year earlier, with the retail segment in the lead. Analysts polled by Bloomberg had forecast net profit at ₹15,760 crore. Total deposits, a key monitorable for the bank after the merger with HDFC, climbed 28% on year, but were still slower than the 62% rise in total advances.

US Central Command. The US carried out strikes after Houthi launched an anti-ship ballistic missile from Houthi-controlled areas of Yemen into international shipping lanes in the Southern Red Sea. The strikes on Tuesday, the third against Houthi since a US-led air and naval barrage hit dozens of targets last week and destroyed four missiles that the US Central Command said posed an imminent threat to merchant vessels and Navy ships travelling through the Red Sea and nearby waters, The New York Times reported.

Houthi rebels fired a missile that struck a U.S.-owned ship Monday just off the coast of Yemen in the Gulf of Aden, less than a day after they launched an anti-ship cruise missile toward an American destroyer in the Red Sea. The attack on the Gibraltar Eagle, later claimed by the Houthis, further escalates tensions gripping the Red Sea after American-led strikes on the rebels. The Houthis' attacks have roiled global shipping, amid Israel's war with Hamas in the Gaza Strip, targeting a crucial corridor linking Asian and Mideast energy and cargo shipments to the Suez Canal onward to Europe. The United Kingdom Maritime Trade Operations, which oversees Mideast waters, said Monday's attack happened some 110 miles (177 kilometers) miles southeast of Aden.

Nikki Haley, who finished third in the Iowa caucuses, has said that the US has never been a «racist country» and their goal is to make sure that «today is better than yesterday,» Fox News reported. Haley made the remarks in response to MSNBC Joy Reid's statement on whether Haley could win the Republican Party nomination. Reid had accused Republicans of being an «anti-immigrant» party and that's why she «can't picture» Haley becoming the GOP nominee in 2024, Fox News reported.