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Retired NFL quarterback Brett Favre will answer questions under oath about the misspending of federal welfare money in Mississippi

The International Monetary Fund says it expects the U.S. to continue playing its key role in amassing multinational support that has helped keep Ukraine’s economy afloat during Russia’s invasion

By Yuvraj Malik and Max A. Cherney

Investing.com — The oil trade seems to have woken up to the fact that there’s something bigger after all than OPEC: The economy.

₹5 crore kicked in on 1 August for businesses to report wholesale transactions in designated portals (called e-invoicing), it is natural that compliance in raising e-way bills for goods shipment will also improve, according to experts. The e-invoice transaction data feeds automatically into other tax documents like e-way bills and the GST returns, facilitating greater reporting and oversight of economic activity.

MUMBAI : HDFC Bank reported a slowdown in low-cost deposits in the second quarter even as the deposit and advances book continued to show strong growth, as per the pre-quarter update of the bank released on Wednesday. This is the first quarter after the merger of HDFC with the bank. The private sector lender’s current and savings account ratio (CASA) was 37.6% as of 30 September 2023 compared to 42.5% as of 30 June 2023.

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Wednesday, October 4th, 2023 – New crypto Bitcoin BSC is off to a flying start after launching on the PancakeSwap decentralized exchange today, immediately rocketing in price 50% to $1.48 and grabbing a market capitalization of $30 million.

30-year yields rose above 5% overnight, as investors worried about the Federal Reserve holding rates higher for longer as it battles to bring down inflation. Yields have surged as investors reprice the likelihood that the U.S. central bank will keep rates elevated and possibly raise them again if the economy continues to show resilience and price pressures remain above the Fed's 2% target. Concerns over rising Treasury supply and oil prices are also weighing on the market. As yields jump, investors are also focused on the likelihood that high rates will ultimately cause a recession, with many analysts forecasting weakness in the fourth quarter and into 2024. “I think that the real reason the long end has been in a free fall is mainly because of the yield curve steepening trade, where the curve has a tendency to reprice an economic slowdown,” said Tom di Galoma, managing director and co-head of global rates trading at BTIG in New York. The closely watched yield curve between two-year and 10-year notes reached minus 30 basis points on Wednesday, after inverting as far as minus 111 basis points in March and July.

Supreme Court on Wednesday asked the Enforcement Directorate (ED) to explain why the political party (Aam Aadmi Party), which was allegedly the beneficiary of the Delhi Excise Policy 'scam', has not been made an accused in the money laundering case. The ED has claimed the AAP used Rs 100 crore received as kickback from various stakeholders for its campaign in the 2022 Goa assembly elections.

The Nifty 50 fell 0.47% and ended below the 19,450 level, while the S&P BSE Sensex declined 0.44% to 65,226. Eleven of the 13 major sectoral indices logged losses, with index heavyweight banks falling 0.98%.

Sikkim, causing a flash flood in Teesta River Basin. Scientists are exploring the possibility of connecting the geological events, as both Nepal and Sikkim are situated on the young-fold Himalayas that is understood to be still rising, causing tremors over the years.

New Delhi: In 2020, two of Indian television’s oldest properties, Kaun Banega Crorepati (KBC) and Bigg Boss, returned to home screens for the first time after the onset of the covid-19 pandemic, complete with downsized crews and isolated bubbles for sets. However, the much-anticipated comeback failed to enthuse media and entertainment industry experts, as the audience gave the reality shows a tepid reception. The inability to grab people by the eyeballs the way they used to earlier saw the television rating points (TRPs) of these shows plunge by at least 50%, according to broadcast network heads.

Delhi BJP on Wednesday sought to corner the AAP whose leader Sanjay Singh was arrested by the ED in an alleged liquor policy scam, saying the heat of the probe will reach party leader Arvind Kejriwal. The heat of liquor 'scam' probe that has led to arrest of former Deputy CM Manish Sisodia and Sanjay Singh will ultimately reach Delhi Chief Minister Arvind Kejriwal, they said. The Enforcement Directorate arrested Singh Wednesday in connection with the now-scrapped Delhi excise policy hours after a raid at his North Avenue residence in the national capital earlier on the day.

On the other hand, the dollar index, which tracks the greenback against six peers, was down 0.2% at 106.73, giving up some of its recent gains, after weaker-than-expected U.S. private payrolls based on the ADP National Employment Report.

Also Read: FII selling shows no signs of abating, offload over ₹4,000 crore in Indian stocks; DIIs are net net buyers The derivative contracts in the mentioned securities have crossed 95 per cent of the market-wide position limit and have been currently put in the ban period by the stock exchange, said NSE. ‘’It is hereby informed that all clients/members shall trade in the derivative contracts of said security only to decrease their positions through offsetting positions.

Investing.com — US stockpiles of gasoline jumped almost 6.5 million barrels last week, the biggest build in nearly two years, a government report showed on Wednesday, as refiners optimized processing of oil to capitalize on still-good profit margins despite waning seasonal demand for fuels. 

₹1,769.49 crore in Indian stocks today. As per the NSE data, FIIs cumulatively bought ₹9,848.55 crore of Indian equities, while they sold ₹14,272.57 crore --- resulting in an outflow of ₹4,424.02 crore on Wednesday. Meanwhile, DIIs infused ₹10,050.08 crore and offloaded ₹8,280.59 crore, registering an inflow of ₹1,769.49 crore.

Manish Sisodia, and former health minister in Delhi cabinet Satyendar Jain. The 51-year-old leader becomes the second high-profile AAP leader to be arrested in this case after former deputy chief minister Manish Sisodia. AAP had issued a statement after MP Singh's arrest, claiming, “Sanjay Singh speaks for people, his arrest after Manish Sisodia and Satyendar Jain shows BJP's frustration as it is losing to INDIA bloc".

Canadians are increasingly heading straight for cheaper foods rather than considering the nutritional value of the groceries as they grapple with the rising cost of living, according to a report released Wednesday.

Japanese Agriculture Minister Ichiro Miyashita says Tokyo hopes to resolve the issue of Chinese ban on its seafood within the World Trade Organization's scope