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By Kate Abnett, William James and Valerie Volcovici

Investing.com -- U.S. stocks point lower as markets gear up for fresh job openings data that will serve as a precursor to Friday's much-anticipated nonfarm payrolls report. Elsewhere, the Reserve Bank of Australia leaves interest rates unchanged and flags some uncertainty around the global outlook, while a private survey shows that activity in China's services sector expanded at a faster than expected rate in November.

MRF, known for holding the title of the most expensive stock in the Indian stock market, has witnessed a further increase in its value, making it even pricier. The stock in today's intraday trade hit a fresh all-time high of ₹1,14,459 apiece, gaining by 2.64%. It then finished the trade at ₹1,13,944.

The most comprehensive global look at test scores since the pandemic shows learning loss is a stubborn worldwide problem, with American 15-year-olds experiencing similar or slightly less severe setbacks compared with peers in other countries. Economically developed nations saw substantial drops in reading and math on international exams, according to new data released Tuesday. U.S.

NEW DELHI : Apple has told India its local production targets will be hit if New Delhi follows the European Union and requires existing iPhones to have universal charging ports, a government document shows as the US tech giant lobbies for an exemption or delay. India wants to implement a European Union rule that will require smartphones to have a universal USB-C charging port, and has been in talks with manufacturers about introducing the requirement in India by June 2025, six months after the deadline in the EU.

Reuters reported. Another development favouring soft oil prices is the record production of US crude oil, which set a record for the second month running in September. India also resumed imports of crude from Venezuela in October, ending a three-year hiatus forced by US sanctions that have since eased.

Nirmala Sitharaman said on Tuesday that amidst the global turmoil and sorry state of affairs as regards the banking systems, the Indian banks continue to stand healthy, strong, and resilient. The finance minister noted that banks have recovered Rs 33,801 crore from wilful defaulters by March 31, 2023, and efforts are underway to tackle wilful defaults and reclaim funds «In our country, not only the non-performing assets (NPAs) are coming down, but also the profit margins are going up,» she said while replying to a question in the Rajya Sabha. Sitharaman observed that even when last year, major bank collapses happened in the USA, Switzerland and Germany, India is showing NPAs coming down year after year.

Vinayak Chatterjee, The Infravision Foundation, says “Power generation, energy storage and construction companies that are well run are still attractive. People in the cables, insulators, smart meter businesses which supply goods and services to the electricity distribution market are worth careful scrutiny. In the power sector, in the next 5 to 8 years, India is going to see a rising trajectory of increasing power rates. All generating companies, whether in thermal or in renewables are actually going to see a long period of very attractive profitability. So power generation companies certainly would be my priority for today's discussion.” Since there are so many ancillaries of the larger infrastructure story that you track, l Let me start off with power demand because in the last eight months have seen a very, very robust 8% kind of growth. With the kind of GDP figures and PMI figure coming in. do you expect the fiscal year energy demand to show double digit growth? High single digit or double digit growth is well spoken for. Everybody who is tracking the power sector has figured out that some interesting dimensions are happening in the market. One, as you rightly said, the domestic consumption across all sectors is growing very, very favourably. Now added to that is the fact that there has been a conscious slowdown in the addition of fresh thermal capacity in the last few years, with the expectation that renewables would kind of fill the space.

₹76,054 crore during the second quarter of FY 2024, industry data showed. Last year, ₹71.916 crore of loans were disbursed in the same period. In terms of volume, a total of 1.69 crore were disbursed during Q2 FY2023-24, as against ₹1.81 crore loans in Q2 FY 2022-2023, as per the latest data by Microfinance Institutions of India (MFIN).

The recent surge in Bitcoin (BTC) price could be the beginning of a new crypto supercycle that propels the world’s largest cryptocurrency to an astonishing $500,000. 

HDFC Bank Ltd, State Bank of India. Dabur India Ltd, Zee Entertainment Enterprises, Life Insurance Corporation of India, HDFC Life Insurance Company, Bandhan Bank State Bank of India (SBI) , the Public Sector Banking and Financial services company remains among top picks of Centrum with target price of ₹665 indicating more than 9% upside for the stock from current market price of close to ₹608. As per Centrum Broking after many years of low credit growth and rising NPAs (non performing assets) and write-offs and provisioning, SBI now is coming out of its shadows and showing growth.

LONDON (Reuters) -The British public's expectations for inflation over the medium-to-long term, which are closely watched by the Bank of England, rose to a five-month high in October, according to a survey published late on Monday.

Investing.com — European stock markets traded in a mixed fashion Tuesday, as investors awaited more regional economic data while assessing the outlook for central bank interest rate cuts. 

second-hand luxury goods store called Love Luxury that resells handbags, watches and jewelry. Recently, the store built a large following on TikTok by featuring Moo in its videos, many of which involve the 11-year-old explaining how much her outfit costs.In one video she claims the Patek Philippe Nautilus 5711 on her wrist costs 100,000 pounds, or about CAD$170,000 — more than double the average Canadian’s yearly income.“If you know, you know,” Moo tells the camera.According to Chrono24, an online watch marketplace, the discontinued Nautilus 5711 could run buyers between $120,000 up to $430,000.In the same video, Moo shows off a black Kelly bag from Hermes she says cost 25,000 pounds, or about CAD$43,000.

Cyclone Michaung LIVE Updates: Cyclonic storm to make landfall in 3 hours, heavy rain batters Andhra Pradesh, Tamil Nadu Phadnis' death was confirmed by his friend and fellow actor Aditya Srivastava. “Dinesh has left us around 12:08 am. We know that he had liver issues and it had an impact on the other organs.

Tube Investments of India Ltd. traded 0.9 per cent down at Rs 3320.0 on Tuesday at around 01:24PM (IST), while the benchmark BSE Sensex advanced 305.47 points to 69170.59. As many as 3,945 shares changed hands on the counter with a total value of Rs 1.31 crore.

ICICI Lombard General Insurance Company Ltd. traded 0.08 per cent up in Tuesday's trade at 01:19PM (IST). Around 9,288 shares changed hands on the counter.

GAIL (India) Ltd. traded 0.73 per cent down at Rs 140.85 at 12:58PM (IST) on Tuesday, even as BSE benchmark Sensex gained 351.62 points to 69216.74. The scrip had closed at Rs 141.9 in the previous session.

SBI Cards and Payment Services Ltd. rose 0.2 per cent to Rs 750.0 in Tuesday's trade. It hit an intraday high of Rs 759.6 and low of Rs 748.3, respectively, during the day.

DLF Ltd. traded 0.4 per cent down at Rs 646.8 on Tuesday at around 12:43PM (IST), while the benchmark BSE Sensex advanced 268.3 points to 69133.42. As many as 237,244 shares changed hands on the counter with a total value of Rs 15.4 crore.

Bitcoin shrugged off a slide in global markets during a rally to a more than 19-month high, a sign of its decoupling from other assets. The token jumped 5.8% to scale $42,000 on Monday and was just below that level in morning Asian trading on Tuesday. In contrast, gauges of global shares and bonds are nursing losses since the start of the week. “This divergence underscores the current low correlation of crypto with other traditional macro assets,” Sean Farrell, the head of digital-asset strategy at Fundstrat Global Advisors LLC, wrote in a note. Bitcoin’s correlations with the likes stocks and gold have ebbed in 2023 as crypto-specific factors helped to spur a 152% climb in the largest digital asset. A key driver of the gains is the expectation that the US will allow its first spot Bitcoin exchange-traded funds, potentially widening demand for the token.