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The Indian rupee recouped early losses to end higher for a sixth consecutive session on likely foreign inflows.The rupee settled at 83.0350 against the U.S. dollar, its highest closing level since Dec. 15, against its close of 83.1150 in the previous session.The local unit opened lower and hit an intraday low of 83.18 earlier in the day, before rising to an over three-week high of 82.98 in the session.

Budget 2024: Speaking at an event by industry chamber CII a month ago, Finance Minister Nirmala Sitharaman casually remarked that the upcoming Interim Budget might not have any «spectacular» announcements. If you also consider the BJP's recent victories in three big states which are seen to have placed the party on a strong footing for the Lok Sabha elections in May, you can assume that the Interim Budget, to be presented on February 1, will be shorn of any grand populist schemes that require hefty financial support. Catch our full Budget 2024 coverage here The BJP-led NDA government at the Centre, however, may not let the opportunity a pre-election budget presents go waste.

₹62,209 per 10 grams. Silver prices also gained 0.08% to trade at 72,105 per kg. International gold prices held steady as investors refused to make big bets awaiting US inflation print that could offer more clarity on when the US Federal Reserve might begin cutting interest rates, Reuters reported.

AI vs plagiarism: Bill Ackman’s push for Artificial Intelligence gives ‘sleepless’ nights to university faculties Ackman has criticized Harvard for not doing enough to protect its students from antisemitism incidents in the wake of the October attack by the militant Islamist Palestinian group Hamas on Israel and subsequent Israeli military operations in Gaza, as well as for the university's adoption of diversity and inclusion programs he argues stifle meritocracy. The board candidates he is backing, Ackman said, are "talented, accomplished and motivated people, and their candidacy will serve as a wakeup call for Harvard." They range in age from 36 to 38, and all have served in the U.S.

(Reuters) — Amazon.com (NASDAQ:AMZN)'s streaming unit Twitch is set to cut 35% of its staff, or about 500 workers, Bloomberg News reported on Tuesday, citing people familiar with the plans.

By Joey Roulette

Microsoft has worked with a U.S. national laboratory to use artificial intelligence to rapidly identify a material that could mean producing batteries that require 70% less lithium than now, the company said on Tuesday. The replacement of much of the lithium with sodium, a common element found in table salt, still needs extensive evaluation by scientists at Pacific Northwest National Laboratory (PNNL) in Richland, Washington to determine whether it will be suitable for mass production.

Carlyle Aviation Partners has reportedly expressed its interest for SpiceJet, Reuters reported on January 9 citing a source-based article by CNBC TV 18. Earlier, in mid 2023, the airline had sought shareholder approval to issue 5.91% stake in the low-cost airline to Carlyle Aviation Partners--the aircraft financing unit of global private equity giant Carlyle Group. In December, the cash-strapped airline had got a lifeline in the form of investment from a clutch of funds and high net worth individuals. The Rs 2,254 crore investment was done through the issue of up to 130 million convertible warrants and 320.8 million fresh equity shares. The fundraising counts 64 investors amongst which there are funds like Elara India Opportunities Fund, Aries Opportunities Fund, and Prabhudas Lilladher, Nexus Global and Mumbai based businessman Harihara Mahapatra and Arjun Juneja of Mankind Pharma. The shares are to be issued at Rs 50 apiece. SpiceJet promoter Ajay Singh holds 56.5 % stake in the company, and, out of this, 37.9 % is pledged with various banks.

imports declined, government data showed on Tuesday. The trade deficit contracted 2.0% to $63.2 billion, the Commerce Department's Census Bureau said. Data for October was revised slightly to show the trade gap widening to $64.5 billion instead of $64.3 billion as previously reported.

By Johann M Cherian and Ankika Biswas

(Reuters) -Pension fund AustralianSuper has raised its stake in lithium miner Pilbara Minerals and alcohol retailer Endeavour Group, two separate exchange filings showed on Tuesday.

(Reuters) -A U.S. watchdog's plan to supervise companies like Apple (NASDAQ:AAPL) and Alphabet (NASDAQ:GOOGL)'s Google that provide digital wallets and payment apps risks stifling innovation and keeping some players out of the market, their lobby group said on Monday.

(Reuters) — Schoolteacher Bob Sauer said he took a flashlight to his tree-filled backyard on Sunday evening on the small chance he might find a plane part that had torn off an Alaska Airlines jet on Friday at an altitude of about 16,000 feet (4,877 m).

By Arathy Somasekhar

(Reuters) -Hewlett Packard Enterprise is in talks to buy Juniper Networks (NYSE:JNPR) in a deal valuing the network gear maker at about $13 billion, a person familiar with the matter told Reuters on Monday.

By Tim Hepher, Rajesh Kumar Singh and Valerie Insinna

Investing.com -- Shares in oil major Chevron (NYSE:CVX) are «well positioned» to reverse a year of underperformance against industry peers in 2024, according to analysts at Jefferies.

SHANGHAI (Reuters) -Chinese regulators have closed a regulatory loophole that last year allowed heavily indebted local government financing vehicles (LGFVs) to further increase their borrowing, four sources familiar with the matter told Reuters.

Investing.com — U.S. futures retreated Monday, with investors cautious ahead of the release of the key monthly inflation data later in the week, which could determine risk appetite going forward.

missiles across Ukraine early Monday. 1. Russia said on Monday it hit military-industrial targets in Ukraine from sea and air.

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