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Stock market today: The domestic equity market benchmarks, including the Nifty 50 and the Sensex, halted their four-day winning streak due to subdued global cues, on Tuesday, March 5. The Nifty 50 concluded the trading day with a decrease of 49 points, representing a 0.22 percent decline, closing at 22,356.30. Similarly, the Sensex finished at 73,677.13, marking a dip of 195 points or 0.26 percent.

The Indian SaaS market is also expected to touch $37 billion in market size by 2028, from $12 billion presently, the analysis showed.

Federal Reserve Chairman Jerome Powell heads to Capitol Hill on Wednesday with markets intent on getting more clarity about how the central bank plans on proceeding with monetary policy this year.

bulk deposit market aggressively in the last few months, resulting in the outstanding certificates of deposit (CDs) in the banking system rising to a decadal high. Reserve Bank of India (RBI) data show that outstanding CDs in the banking system rose to ₹3.81 lakh crore — the highest since April 2014. These deposits are also not coming cheap as interest rates on these instruments have risen to a maximum of 8.22% which is also the highest since May 2019. In a report released on Monday, Nomura analysts pointed out that in February 2024, the monthly issuance of CDs for the banking system at ₹1.3 lakh crore was at a five-year high. «While CDs are a very small part of system deposits (2% of system deposits as of February 2024), the sharp rise in issuance is indicative of a continued resource crunch faced by banks. Borrowing costs via CDs are around 50 to 80 basis points more expensive compared to retail term deposits, with current 12-month CD rates being at 7.8% on an average across banks,» the analysts said. One basis point is 0.01 percentage point.

By Saqib Iqbal Ahmed

By Simon Jessop, Isla Binnie and Ross Kerber

More Canadians are beginning to crack under the pressure of increased mortgage payments, new data on consumer credit showed today.

Abhijit Gangopadhyay, who resigned as a judge of the Calcutta High Court on Tuesday, said that he would join BJP on Thursday. He claimed that West Bengal’s ruling party Trinamool Congress was “crumbling” and was “on the verge of collapse”. Addressing a press conference here, Gangopadhyay said BJP’s slogan of “zero tolerance towards corruption” was the main reason why he was joining the saffron party. “Trinamool Congress means corruption, corruption means Trinamool Congress,” Gangopadhyay reiterated while announcing his decision to join BJP on March 7. “Trinamool Congress is a party of miscreants — it is not a political party but a yatra (folk theatre) show — ‘Ma, Maati Manush,” he said.

Sugar, a private investigator embroiled in the mysterious disappearance of Olivia Siegel, granddaughter of Hollywood producer Jonathan Siegel. The trailer teases a gripping narrative filled with family secrets and suspense. Trailer

The Montreal company that operates the Just for Laughs comedy festival has cancelled this year’s edition as it seeks to avoid bankruptcy.

MUMBAI : IIFL Finance Ltd on Tuesday tried to assuage investor concerns, stating there were no governance lapses, after the Reserve Bank of India (RBI) barred the non-banking financial company (NBFC) from offering any loans against gold. On Tuesday morning, shares of IIFL Finance opened 20% lower as investors dumped shares after the banking regulator issued a statement on Monday evening that detailed some lapses. “We wish to make it unequivocally clear that there are no governance or ethical issues," said Nirmal Jain, managing director, in a call with analysts on Tuesday.

ALSO READ: Instagram, Facebook down globally: Meta 'working' to solve issue as users flag call to 'log in again, change password' According to details, the disruptions started around 8:30 pm on Tuesday, with 'Log in again; session expired; couldn't refresh feed', were some of the messages that popped up while using the Facebook and Instagram apps. Outage tracking website Downdetector.com also revealed that Meta Platforms' Facebook and Instagram were down for tens of thousands of users on Tuesday. According to outage tracking website Downdetector.com, there were 31,493 reports of outage on Instagram app at 9.23 pm, while 24,193 reports for Facebook at 9.09 pm.

MUMBAI : Mumbai: Indian residents' appetite for gold bonds knows no bounds, despite the metal hitting record high prices this fiscal year, and stock markets trading at life highs. In the latest issuance last month, residents subscribed to a record 12.78 tonnes of bonds worth ₹8,008.38 crore, or $966 million, the highest-ever amount since the first issuance eight years and two months ago, RBI data shows . The issue price was at a record high of ₹6,263 per gram.

₹2 trillion in income tax (to the union government). Delhi is one of the engines of growth for the national economy. We are not saying give us everything that Delhi gives, but give us something.

Lindsay Beaudry remembers the last conversation she had with her junior high sweetheart before their world turned upside-down late last week.“He said, ‘Ok I love you, I love you.’ I said, ‘I love you too.’ Because we say I love you about 20 times before we hang up the phone.”Last Wednesday night, Jennon Morin and his brother were at Grand Villa Casino in the Ice District gambling and watching the Oilers play the St. Louis Blues.Morin was happy because he’d won money.

Kyiv, Mar 05, 2024 -Ukraine said on Tuesday its forces destroyed a Russian military patrol ship in the Black Sea near annexed Crimea, the latest naval attack on Moscow's fleet in the key waterway. Kyiv also said it was behind a drone hit on an oil depot in a Russian border region, as Ukraine flexes its ability to strike Russia from the air and at sea with its troops struggling on the front lines. The Black Sea has been a vital battleground in the two-year war.

(Reuters) -Cadence Design Systems will buy analysis platform provider BETA CAE (NYSE:CAE) Systems International AG for $1.24 billion in cash and stock, the software firm said on Tuesday.

Investing.com -- Target has reported adjusted per-share income in the fourth quarter that topped average analyst estimates, sending shares in the big-box retailer higher in premarket U.S. trading on Tuesday.

A shift away from Chinese equities by global long-term investors has taken a pause, with some funds getting less bearish, according to Morgan Stanley.

Bitcoin’s price is in sight of an all-time high and the crypto faithful are on tenterhooks waiting for a never-before-seen level. But in market value terms the token already touched a record.

Making instant videos is the next wave of generative artificial intelligence, much like chatbots and image-generators before it