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Joe Biden and Donald Trump's Mideast envoys — but even then it seemed it might come apart at the last minute.

Subscribe to enjoy similar stories. Protesters on Tuesday Tel Aviv, called for the return of hostages held by Hamas. The finalizing of the cease-fire deal between Israel and Hamas owes much to the impending transfer of power from President Biden to President-elect Donald Trump, sparking a pointed debate over who deserves the credit.

Bitcoin climbed back above $100,000 on Wednesday, rising on fresh inflation data that lifted stocks and regulatory news seen as bullish for cryptocurrency.

inflation data and solid earnings from major U.S. banks fueled a rally. The Labor Department said the consumer price index (CPI) increased the most in nine months as energy costs rose, although a measure of underlying inflation pressures subsided.

State Bank of India (SBI) and its closest private sector rival HDFC Bank are set to report divergent profit growth for the quarter ending December 2024, estimates by analysts show. State-run SBI could report profit after tax (PAT) growth upwards of 80% on the back of comparatively better deposit growth and lower wage costs, while HDFC Bank may report less than 7% rise in PAT amid muted loan and deposit growth across the banking sector.

Here's breaking down the pre-market actions:

Subscribe to enjoy similar stories. Tight liquidity will not bind the Reserve Bank of India’s (RBI) hands in intervening to curb excessive rupee volatility in the forex market, said a senior official aware of the thinking at the central bank. "Liquidity will be managed and so will excessive currency volatility," he said.

Motilal Oswal Private Wealth expects large-cap stocks to do better this year, citing valuation comfort. The wealth manager recommends investors increase allocation to equities by investing a lump sum in an equity-oriented hybrid fund in the wake of the recent stock market decline. It also suggests a staggered investment approach in equity schemes over the next six months and accelerate the investments in the event of a sharper drop in the market.

Executive director Ramesh Kalyanaraman dismissed this as «very absurd» in the call on Tuesday. The stock dropped 7% on Wednesday to close at ₹554.90, extending its losing streak to the ninth straight day. The 32% drop in the share price in this period has eroded the market cap of Kalyan Jewellers by ₹24,000 crore to ₹57,234 crore at the Wednesday close.

Prime Minister Narendra Modi on Wednesday applauded the domestic defence manufacturing sector for taking big strides towards self-reliance, and said the country is now being recognised as a reliable partner across the world, especially the Global South.

Are we going to be OK in retirement without healthy defined benefit employer pensions? This is the question Anthony, 54, and Deirdre, 53, are trying to answer.

Indian Army will need to equip itself with new age technologies and tactics to remain ahead of the adversaries, Chief of Defence Staff Gen Anil Chauhan said on Wednesday. In a message on the occasion of the Army Day, Gen Chauhan said «indomitable» spirit and professionalism define the force and described it as an institution that stands as the bedrock of India's security and unity.

Reliance Jio is set to incorporate the latest technologies like Web3 and blockchain on its network and services through a partnership with cryptocurrency and blockchain platform Polygon Labs.

Icra on Wednesday said small finance banks (SFBs) will see an uptick in delinquencies in FY25, and the asset growth will slow down to 18-20 per cent. The slowdown in growth from the 24 per cent in FY24 was attributed to the industry-wide concerns in the microfinance segment, where almost all SFBs are active.

Black Hawk helicopters that will be used to help patrol the border.“We have deployed 60 new drones along our border with the United States, and we will be deploying additional surveillance towers. We are acquiring new technology such as x rays, mobile x rays, and handheld chemical analyzers.

Proxy advisory firms are calling on regulators to implement a majority-of-minority voting mechanism for approving promoter remuneration, citing a steady and significant rise in compensation paid to promoters and their families. Voting data reveals how controlling shareholders have used their ownership to approve their own compensation.

Wells Fargo's profit beat expectations in the fourth quarter powered by a rebound in dealmaking activity and forecast it would earn more from interest payments this year. The bank's shares rose 3.5% to $73.68 in premarket trading on Wednesday.

Greenland.

Gurpatwant Singh Pannun by Indian agents in New York in 2023.

Budget, set to be presented on February 1, retail investors and industry stakeholders are hopeful of consumer relief and market-friendly reforms. Anticipation is building around potential tax breaks for lower-income groups and adjustments to capital gains taxes — measures that experts believe could boost consumption, revive urban demand, and reinvigorate the stock market. Shripal Shah, MD & CEO of Kotak Securities, highlighted key measures that could shape the economic and market landscape. “The upcoming Budget holds promise for retail investors, particularly with expectations of tax relief in the lower income slabs. If the government reduces tax rates for smaller taxpayers, it could lead to higher disposable income in the hands of the common man,” Shah said.

Shriram Finance Ltd. 2.69 per cent to Rs 530.15 in Wednesday's trade as of 01:54PM (IST). The stock hit a high price of Rs 548.95 and low of Rs 529.45 during the session. The return on equity (ROE) for the stock stood at 15.04 per cent. Traded volume on the counter stood at 01:54PM shares and turnover at Rs 2.91 crore around that time. The stock of Shriram Finance Ltd. quoted a 52-week high price of Rs 730.43 and 52-week low prices of Rs 438.83, respectively.