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Karnataka Chief Minister Siddaramaiah on Wednesday hit out at the opposition BJP questioning the contribution of the party in taking up development works in Bengaluru when its government was in power for four years in the state. His comments came in response to the BJP's accusation that no development work was taking place in Bengaluru, the state capital. «We came just six months ago.

Secured Overnight Financing Rate (SOFR), a global benchmark used to determine the price of US dollar-denominated loans and derivatives, jumped to an all-time high of 5.39%, Bloomberg reported. The development occurred due to turbulence in US funding markets and overnight repo transactions amid quantitative tightening by the Federal Reserve.

Chhattisgarh assembly have declared criminal cases against themselves, with six facing serious charges like voluntarily causing hurt and criminal intimidation. The BJP swept the Chhattisgarh assembly polls, winning 54 seats.

By Gilles Guillaume

By Kane Wu and Josh Ye

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.

Maruti Suzuki India has collaborated with its dealer partners and made several arrangements at its workshops. The company proactively sent out 7 lakh SMS alerts to its customers as soon as news about the cyclone 'Michaung' was reported. In a statement, it said that even before the cyclone hits, customers could take precautionary measures to protect their cars from potential damage.

₹4 lakh, positioning it as a competitor to the KTM RC 390, TVS Apache RR 310, and the forthcoming Yamaha R3. As per the report from the publication, the RS 457 marks the inaugural motorcycle production at Piaggio's Baramati plant. Although designed and developed in Italy, it is essential to recognize that, despite its Indian manufacturing, the RS 457 falls into the premium motorcycle category.

Bharat Petroleum Corp Ltd (BPCL), Hindustan Petroleum Corp Ltd (HPCL) and Indian Oil Corp Ltd (IOCL). Investors are excited about the subdued outlook for crude-oil prices and expectations of a strong December quarter on the back strong marketing margins even as refining margins have softened sequentially. Prices of Brent crude have dropped from a recent high of around $95 a barrel in September and are now hovering around $77.

Ambuja Cement and New Delhi Television Ltd but with the exception of ACC Ltd continued adding to their gains on Wednesday. The combined market cap of the 10 Adani group listed companies had increased by about ₹87,224 crore till noon on Wednesday. investor confidence got a boost post the news flow suggesting that US government agencies have found allegations levelled by Hindenburg against the Adani group as irrelevant and unsubstantiated.

European shares gained on Wednesday on rising bets of a peak in global interest rates, led by miners riding on higher metal prices, while Germany's benchmark DAX scaled a fresh all-time high. The pan-European STOXX 600 index climbed 0.1% by 0809 GMT, while the Germany's DAX also rose 0.1%. Basic resources gained 1.3% tracking a rise in prices of most base metals. Investors now await euro zone construction purchasing manager's index data for November, along with October retail sales to gauge the strength of the European economy amid recession concerns. Focus was also on U.S.

Another day's holiday was declared for schools and colleges in Chennai on December 7. The cyclone-triggered heavy rainfall had led to inundation in localities including Velachery and Tambaram. On Wednesday too, people were seen leaving their homes in the areas surrounded with water to safer zones, carrying their children and wading through the stagnant water.

Paytm has temporarily halted its buy-now-pay-later (BNPL) service Postpaid for its users, as lending partners have become cautious about fintech partnerships after the Reserve Bank of India raised risk weightages by 25% against unsecured lending. According to sources, in Paytm’s case, Aditya Birla Capital, a major partner, seems to have pulled out of the Postpaid partnership, leading to the company temporarily halting the service for users.

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.

Investing.com-- Most Asian currencies rose slightly on Wednesday as weak U.S. labor data spurred continued bets on early interest rate cuts by the Federal Reserve, helping investors look past persistent concerns over China’s economy.

Japanese lawmakers discussed Tuesday on plans to exempt companies from paying tax on unrealized cryptocurrency gains. The proposal is set to be included in the fiscal 2024 tax reform plan.

United Spirits Ltd. traded 1.08 per cent lower in Wednesday's session at 12:53PM (IST). The stock opened at Rs 1078.0 and has touched an intraday high and low of Rs 1078.0 and Rs 1056.85, respectively, during the session so far.

Varun Beverages Ltd. gained 0.49 per cent to Rs 1066.85 in Wednesday's trade as of 12:48PM (IST). The stock hit a high price of Rs 1075.9 and low of Rs 1056.55 during the session.

Animal’ is on a rampage! The Ranbir Kapoor-starrer is currently unstoppable at the box-office. The gory action drama has finally entered into the hallowed ‘400-crore club’! On Tuesday, the official Twitter handle for ‘Animal’ revealed that the film had crossed Rs 425 crore, at the global box-office within four days of release. Trade analyst Ramesh Bala reported that the Sandeep Reddy Vanga directorial has crossed $8 million in North America and has become Kapoor’s highest-earning film, surpassing the Rajkumar Hirani movie ‘Sanju’ within just 5 days. “#Animal becomes #RanbirKapoor’s highest grossing film in North America crossing #Brahmastra within 5 days. The box office mayhem continues and it is chasing many more records. REMEMBER, THE NAME IS RANVIJAY SINGH BALBIR!!!” reads the post.

Lupin Ltd. slipped 0.88 per cent to Rs 1247.6 in Wednesday's trade as of 12:43PM (IST). The stock hit a high price of Rs 1266.45 and low of Rs 1244.65 during the session.

PLAQUEMINES PARISH, La.— Michael Sabel and his partner, both industry novices, have made a fortune virtually overnight by building from scratch one of the world’s largest gas exporters. They have also made some powerful enemies. Here at this sprawling facility spanning about 630 acres in the wetlands outside New Orleans, Sabel said his company, Venture Global LNG, is on pace to leapfrog competitors and rival Qatar as one of the world’s top exporters of liquefied natural gas by 2030.