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Federal drug officials are warning Georgia to shelve its plans to be the first state to allow pharmacies to dispense medical marijuana

Stocks ended mixed on Wall Street as a seven-week winning streak cooled off

Iran’s state TV says nearly 70% of the nation’s gas pumps are out of service after possible sabotage — a reference to cyberattacks

Venus Pipes & Tubes Ltd., incorporated in the year 2015, is a Small Cap company (having a market cap of Rs 2773.97 Crore) operating in General sector. Venus Pipes & Tubes Ltd.

Shriram Finance Ltd. traded 0.24 per cent up at Rs 2053.1 at around 10:30AM (IST) on Tuesday. The stock had closed at Rs 2048.1 in the previous session.

Germany's central bank says the country's economy is likely to shrink again slightly in the current fourth quarter

Sony Pictures Networks India (SPNI) has said that it has not yet agreed to extend the deadline to complete the merger deal with Zee Entertainment Enterprises Limited (ZEEL). In a statement, the company said it looks forward to hearing ZEE’s proposals and how they plan to complete the remaining critical closing conditions. “ZEE’s notice to the Bombay Stock Exchange and the National Stock Exchange of India dated December 17 is an acknowledgement that they will not be able to meet the December 21, 2023 deadline to close the SPNI/ZEE merger," the SPNI statement reads. It added that the notice triggers an existing contractual provision in the deal that allows for both parties to discuss the possibility of extending the deadline. «SPNI is required to start those conversations but has not yet agreed to a deadline extension.

Japan’s Prime Minister Fumio Kishida has pledged to lead efforts to simultaneously achieve decarbonization, economic growth and energy security in Asia

The Environmental Protection Agency says it is conducting more on-site inspections of polluting industrial sites than at any time since the COVID-19 pandemic began

The founder of Nikola Corp. has been sentenced to four years in prison for his conviction for exaggerating claims about his company's production of zero-emission 18-wheel trucks

U.S. food inspectors found “extremely high” lead levels in cinnamon at a plant in Ecuador that made applesauce pouches tainted with the metal

At the dawn of 2023, the specter of Saudi Arabia’s growing influence on pro golf — and sports in general — served not only as a moral conundrum for players and their fans, but also, some argued, as an existential threat to the multibillion-dollar profe...

After Q2 EBITDA margin expanded by 40 bps to 26.6%, Yatharth Hospitals believes that the margins will be sustainable as growth will come organically as occupancy levels increase. «Further, initiatives including induction of international business coming in, PET and radiation line becoming operational in the coming quarters, and more higher specialties coming in would support ARPOB improvement which in turn should give the impetus for profitability improvements,» Yatharth Tyagi, Director, Yatharth Hospitals, said. Edited excerpts from an interview: After reporting the highest ever quarterly revenue in Q2 with a robust YoY growth of 34%, what is the guidance for the rest of the financial year? Yatharth Hospitals reported stellar performance over the last few years.

NBCC (India) Ltd is targeting to reach Rs 25,000 crore revenue in the next five years from Rs 11,000 crore in the current financial year, KP Mahadevaswamy, CMD, NBCC told ET. The company also aims to increase annual profit to Rs 5,000 crore in five years from Rs 400 crore currently by focusing on real estate development and redeveloping land that are not utilised by other PSUs. “Covid impacted the overall performance of NBCC but we are back on track and have a healthy pipeline of projects. We have an order book of Rs 55,000 crore and we plan to take orders worth Rs 15,000-20,000 crore every year.

Jaideep Hansraj, MD & CEO, Kotak Securities, says “just stick to what you think your asset allocation should be because ultimately I agree with the fact that it is stocks which make money, it is sectors which make money. But ultimately, equity as an asset class is giving you the returns and it does not matter whether you buy X bank versus Y bank. Yes, I agree with the fact that some of the banks or some of the stocks have not done as well as the other but ultimately it will even out in the long run.” I remember when we spoke, Sensex was at 3000, now Sensex is at 70,000. That is true. We were discussing the importance of FIIs. Everybody is now saying, kahan jaige FII, ab nahi toh kabhi nahi. (Where will FIIs go? If not now, when?) Is there merit in assuming that in the next six months, there would be FOMO, there would be desperation and what we have seen in December is just the trailer of what flows will come in next year? See, I personally believe that FII flows will have an uptick going forward and my reasons are coming from the fact that a combination of how the US interest rates behave and how the dollar index behaves and how crude oil behaves.

Traders who trade in indexes do not encounter a situation of security ban. The MWPL for Balrampur Chini stood at 104.9% on Monday with OI reported by Trendlyne at 10.1. It was down by 4.9% from the previous session. The MWPL for National Aluminium stood at 101.5% on Monday with OI reported by Trendlyne at 71.4 million.

Benjamin Netanyahu has reiterated Israel's aim of achieving «total victory» against Hamas, stating that the war is not just Israel's but also the US's, as it is also a battle against the «Iranian axis.» He said that the Iranian axis of terror is threatening to close the maritime strait of Bab el-Mandeb and is presenting a threat to the freedom of navigation for the world.

Gautam Adani, who has survived the 2008 terror attack in Mumbai's Taj Hotel and kidnapping incident in 1998, is walking out of 2023 after suffering a loss of about $35 billion from the Hindenburg attack. Following the Hindenburg controversy and subsequent investigation by markets regulator Sebi on allegations of share price manipulation, the 61-year-old tycoon saw the highest decline in his personal wealth globally, data from Bloomberg Billionaires Index shows. In pre-Hindenburg days, the maverick businessman's wealth saw a gravity-defying one-way movement that took him to the position of world's second richest man for a brief period. With his fortune being estimated at around $85 billion, Adani is now the second richest Indian after Mukesh Ambani. In the world order of billionaires, the school dropout now stands at the 15th spot after losing over 29% of his wealth in the worst crisis faced by the apples-to-airport conglomerate’s history. The combined market capitalisation of all 10 listed Adani stocks has now fallen to about Rs 14 lakh crore from over Rs 19 lakh crore before the Hindenburg report was released. At one point during the year, almost 60% of Adani's wealth was wiped off following non-stop selling of Adani stocks.

India is expected to contribute over 16 percent of global growth as economic reforms in key sectors like infrastructure and digitalisation have made India a "star performer" among countries, as per the International Monetary Fund (IMF), PTI reported. "What we have been observing for quite some time now is that India has been growing at a very robust rate. It's one of the star performers when it comes to real growth when you look at peer countries.

By Scott Murdoch and Melanie Burton

With the Bank of Japan being the last major central bank decision left for this year and the last important macro releases of the year to come this week, the USD/JPY is the featured currency pair of the week.