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air quality in the national capital was recorded in the 'very poor' category in several areas, as per the Central Pollution Control Board (CPCB). The overall air quality in the national capital stood at 356 at 9 am, according to System of Air Quality and Weather Forecasting And Research (SAFAR) data. As per the CPCB data, the air quality in Anand Vihar and Ashok Vihar was recorded as ‘Very Poor’ category with AQI at 379 and 382 respectively.

The Israel-Hamas war has ignited a maelstrom of legal activity in workplaces and, for today’s purposes, on university campuses.

Sandeep Reddy Vanga & Ranbir Kapoor seems to have worked wonders at the box-office! ‘Animal’ has performed spectacularly well at the box-office. As per a report by the Indian box-office tracking portal Sacnilk.com, the action drama earned a staggering Rs 61 crore on its opening day. On the second day, the movie collected Rs 2.94 crore (and counting), thereby taking the total earnings to an impressive Rs 63.94 crore. This magnificent opening day figure puts ‘Animal’ as the second -biggest opener of 2023, right behind Shah Rukh Khan’s ‘Jawan’ which collected Rs 75 crore on day one. ‘Animal’ also marks the biggest first-day earnings for an A-rated (adult rated) film in India. It is also the biggest opener in Kapoor’s career, surpassing the Rajkumar Hirani directorial ‘Sanju’ which opened to Rs 34.75 crore.

Google has reached a $27 million settlement with employees who accused it of unfair labour practices, the media reported According to a report in Semafor that looked into California state court documents, this is a record for the largest agreement of its kind.

The key catalyst for stocks will likely continue to be the expected trajectory of the Federal Reserve's monetary policy. Evidence of cooling economic growth has fueled bets that the U.S.

For sure, key U.S. jobs data will test the exuberance, while Australia's central bank could reinforce a view that rates have peaked. Here's your week ahead in financial markets from Ira Iosebashvili in New York, Kevin Buckland in Tokyo, Naomi Rovnick and Marc Jones in London and Yoruk Bahceli in Amsterdam. SANTA'S BEEN Christmas has come early with global stocks posting their best monthly performance in three years in November and global investment-grade bonds returning almost 4% — the best month on record going back to 1997. Now, the early Santa rally risks running into a central bank Grinch. Markets price rate cuts as early as the first half of 2024.

earthquake measuring 3.4 on the Richter scale jolted India's northernmost region of Ladakh this morning at 8.25 am, as per the National Center for Seismology (NCS), ANI reported. The NCS confirmed that the seismic activity was felt in the area, with the epicentre located at a latitude of 35.44 and a longitude of 77.36.

Clearing Corp of India (CCIL), paving the decks for billions of dollars of trade in Indian sovereign bonds routed through London lenders that needed a mutually beneficial deal to commit personal funds and effectively discharge their custodian role. The MoU between the Reserve Bank of India (RBI) and the Bank of England (BoE), while acting as an actionable template for other regulatory regimes uncertain about oversight rights over CCIL, also helps establish a framework robust enough to accommodate the potential $25 billion in incremental inflows Indian sovereign bonds are likely to receive by mid-2025 after their inclusion in JPMorgan's keenly tracked global index. Relief for UK Banks in India «The MoU establishes a framework for the BoE to place reliance on RBI's regulatory and supervisory activities while safeguarding UK's financial stability,» the RBI said in a statement Friday. «The MoU also demonstrates the importance of cross-border cooperation to facilitate international clearing activities and the BoE's commitment to deference to other regulators' regimes.» ET had reported on November 28 that the RBI and UK regulators had made significant progress on a new MoU for the treatment of the CCIL and that the BoE would likely communicate a «hands-off» approach on potentially contentious issues, such as rights of audit over the Indian clearing house. Investor & Custodian The move is a relief to UK-based banks Standard Chartered, Barclays and HSBC, which are themselves large players in the domestic bond and derivatives markets and are also custodians of foreign investment flows into India.

Roswell, N.M. — The International UFO Museum & Research Center in Roswell, New Mexico, is celebrating an out-of-this-world milestone: 5 million visitors.

LCH has reached out to Indian banks and informed them that it has fulfilled necessary conditions mandated by the Reserve Bank of India to function as a qualifying central counterparty (QCCP) for offshore derivatives trades. In a development that could ease banks' capital requirements for offshore non-deliverable forwards (NDF) trades, LCH has said to banks that it has complied with norms prescribed by the RBI for QCCPs, sources aware of the development told ET. The LCH is one of the largest players in the global interest rate swap market. «The LCH has referred to an RBI circular and informed banks that they have met the requirements.

Walmart said on Friday it is not advertising on social media platform X, one of the latest brands to say it has dropped the Elon Musk-owned site. «We aren't advertising on X as we've found other platforms to better reach our customers,» a Walmart spokesperson said.

HONG KONG (Reuters) — A key offshore creditor group of China Evergrande (HK:3333) Group supports keeping the developer operating, the South China Morning Post (SCMP) reported ahead of a court hearing on Monday that could decide to liquidate the indebted firm.

By Kate Abnett

assembly elections (Rajasthan, Madhya Pradesh, Chhattisgarh, Mizoram, and Telangana) will be disclosed on December 3. These election results are expected to significantly influence the parliamentary session, where the government aims to pass crucial bills.

Amazon.com Inc. has entered into an agreement with its competitor SpaceX for three launches using Elon Musk's Falcon 9 rocket, this move allows Amazon to secure additional capacity for deploying its internet-from-space satellites into orbit, Bloomberg reported. As disclosed on its website last Friday, Amazon.com Inc.

Elon Musk-owned site, as per a Reuters report. A spokesperson for Walmart clarified, "We aren't advertising on X as we've found other platforms to better reach our customers." X did not respond to queries on the issue, the report said. Notably, while Walmart's move to pull off ads on X was made public on December 1, Joe Benarroch, the head of operations at X said the company had not placed ads on the platform since October, instead focusing on organic engagement within its community of over one million members on X.

Uber Technologies Inc. has been added to the S&P 500 Index, after reporting two straight quarters of operating profits that have fueled a big rally in the ride-sharing company this year. Jabil Inc.

US Federal Reserve Chair Jerome Powell bolstered the view that key policy rates have peaked. All three major US stock indexes gained, notching their fifth consecutive weekly percentage gains. The Dow Jones Industrial Average rallied 294.61 points, or 0.82%, to end at 36,245.5, while the S&P 500 surged 26.83 points, or 0.59%, to 4,594.63 -- its highest level since March 2022.

Adani Group is working on a plan to raise $350 million through dollar bonds next year, primarily to refinance a $500 million RG1 (restricted group 1) bond due to mature in December 2024. RG1 is restricted group with solar generation capacity of 930 MW and includes three subsidiaries of Adani Green — Adani Green Energy (UP) Limited, Parampujya Solar Energy Private Limited (PSEPL) and Prayatna Developer Private Limited. The group may also call the bonds in July 2024, six months ahead of maturity.

There’s some good news for CFPs in a report this week from Cerulli and SIFMA – more than ever, people want to hire them.

By David Randall