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US elections 2024's polling phase is now over, with Donald Trump destined to be the next US President after Joe Biden. Meanwhile, the Senate and the House are also being captured by the Republicans, which means that the coming four years will be 'ruled by the Reds'. Meanwhile, ace US pollster Nate Silver has analyzed the US election results and claimed that there is at least some 'good news' for Kamala Harris and the Democrats, that is hidden in the fine print.

Elon Musk and Vivek Ramaswamy, two of US President-elect Donald Trump's most famous allies, were the most keenly awaited appointments in his administration. They are going to lead the department of government efficiency (DOGE), one of the most controversial and inscrutable project of Trump. «I am pleased to announce that the Great Elon Musk, working in conjunction with American Patriot Vivek Ramaswamy, will lead the department of government efficiency (DOGE),» Trump announced. The acronym is a playful nod to Musk’s affinity for the cryptocurrency Dogecoin. The announcement triggered a meme fest on social media. Reacting to Trump's announcement, Musk on X wrote, «Department of Government Efficiency. The merch will be (fire emojis).» Many X users with the help of AI suggested some eye-catchy logos featuring the Shibu Inu dog from the Doge cryptocurrency memes for Musk and Ramaswamy's department which Musk shared on his accounts. Various online surveys and media organisations have acknowledged Doge as one of the most significant Internet memes of the 2010s.

India's lineup will be tested once again on Centurion's pace friendly pitch in the third T20I against South Africa on Wednesday. In the second T20I, India's top order struggled, managing just 124 for six as they faltered against South Africa’s pacers. Abhishek Sharma's lack of runs has become a concern. The team management might also consider playing Tilak Verma as an opener and handing Ramandeep Singh a debut for increased lower order depth.

Gaza and it has consistently stood for resolution of the Palestinian issue through a two-state solution, External Affairs Minister S Jaishankar said on Wednesday. In his opening remarks at a meeting with Saudi Foreign Minister Prince Faisal bin Farhan Al Saud, Jaishankar said the situation in West Asia is a matter of «deep concern», particularly the conflict in Gaza. The external affairs minister described Saudi Arabia as an important force for stability in the region. Jaishankar and Al Saud co-chaired the second meeting of the Committee on Political, Security, Social and Cultural Cooperation (PSSC) held under the framework of the Strategic Partnership Council (SPC).

ICC rankings saw Pakistan pacer Shaheen Afridi jump to the top of the ODI bowlers' ranking after picking eight wickets in three matches against Australia. Afghanistan leg-spinner Rashid Khan claimed the second spot as South Africa's Keshav Maharaj dropped two places to third. Two other Pakistani pacer made huge strides after winning the series against Australia. Haris Rauf, who claimed 10 wickets to win the Player of the Series award, and Naseem Shah both jumped 14 places. Rauf is now 13th, while Naseem is joint 55th.

NPS or the older pension schemes in case of death during service, discharge on grounds of invalidation, or disablement.

Shares of ended the day as top gainers in the pack.

PFC has decided not to sanction loans to Shapoorji Pallonji Group as it does not favour takeing «high-end exposure», PFC CMD Parminder Chopra said. The Power Finance Corporation (PFC) chairman and managing director (CMD) Parminder Chopra made the remarks in a post earnings call. «The Board in its wisdom has decided that since it's a new sector for us, so we may not take that high-end exposure,» she said in reply to a question related to sanctioning loan to Shapoorji Pallonji. Shapoorji Pallonji Group is a business conglomerate which specializes in sectors like engineering and construction.

stood among the top gainers.

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Swiggy made a muted debut by listing at a small premium of 8% over its issue price. After listing, Swiggy shares jumped 9% to Rs 449 on BSE, with its market capitalization crossing the Rs 1 lakh crore mark. The issue, which opened on November 6, was subscribed 3.6 times the shares on offer driven by institutional investors on the third and final day. Retail investors subscribed to their portion 1.14 times while the portion reserved for employees saw 1.65x bidding. Non-institutional investors, which include corporates and high net worth individuals (HNIs), bid for only 41% of the shares reserved for them. Analysts had anticipated Swiggy's muted debut on the bourses as weakness in the broader market dampened appetite among individual investors for newly-listed companies. The grey market premium — the price in the unofficial market that investors pay for the unlisted shares before listing — was at Rs 2 for Swiggy on Tuesday, a 0.5% premium to the upper price band of Rs 390.

Subscribe to enjoy similar stories. The days are getting colder in Europe. Perhaps a black, white, tan and red down jacket will keep Burberry investors warm.

Jyotivardhan Jaipuria, Founder & MD, Valentis Advisors, says he typically tries to buy stocks following the three-U philosophy. He buys the undervalued, under-owned and underperforming stocks. So, for him, the valuation of food valuation and q-comm stocks has been a big constraint as at these valuations, the margin for safety is quite low. So, even though growth will come, there is not that much margin of safety. What is happening in the market? Can a conclusion be drawn that it is the disappointment on the earnings front that is leading to such a downtick in the markets? Or do you think there are a lot of moving parts that one needs to watch out for? Jyotivardhan Jaipuria: I guess the starting point was valuation. The valuations have been expensive for some time. A lot of us have been expressing concerns about that. So, when valuations are expensive, you need one trigger. The earnings were a little disappointing, that was one trigger. Also, probably the fact that China did a stimulus and there was a revival in interest in China. So to that extent, people are taking money off the table in some of the other countries that have done well. So, those would be the two points to think about in this correction.

Zomato's founder and CEO Deepinder Goyal while appearing on Netflix's Kapil Sharma Show shared an intriguing story behind his company's iconic name. The food delivery giant, which began its journey as a restaurant discovery platform, wasn't initially meant to be called Zomato at all. During the show, the host Kapial had asked meaning of Zomato and the tricky pronounication of the giant to Deepinder

Ashok Leyland Ltd. 0.88 per cent to Rs 219.35 at 01:58PM hours (IST) on Wednesday. Earlier in the day, the stock saw a gap down start to the session. As per data available on BSE, total traded quantity on the counter stood at 358,929 shares with a turnover of Rs 7.78 crore till 01:58PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 24.35, while the price-to-book value ratio stood at 5.58.

Rahul Gandhi took a break from campaigning for the Wayanad by-election on Tuesday to explore the region and promote its tourism potential. The LoP in the Lok Sabha posted a video of himself trying out Kerala’s longest zipline in Wayanad’s scenic hill district, donning an “I love Wayanad” T-shirt. During the visit, he also jokingly challenged his sister, Priyanka Gandhi, to join him on the zipline in her saree. The region, which has suffered from a decline in tourism following devastating landslides in July, has been struggling with economic hardships, particularly for locals in the tourism and hospitality sectors. However, Gandhi praised the resilience of the people, noting that despite the challenges, they’ve worked hard to create new attractions, such as South India’s largest giant swing and a thrilling drop tower.

HDFC Asset Management Company Ltd. 2.17 per cent to Rs 4300.65 in Wednesday's trade as of 01:48PM (IST). The stock hit a high price of Rs 4366.60 and low of Rs 4260.00 during the session.

Zomato chief executive officer Deepinder Goyal took to social media to congratulate rival food delivery platform Swiggy on its stock market debut on Wednesday. The Sriharsha Majety-led company listed on the bourses with an 8% premium over its IPO price. «Congratulations @swiggy! Couldn't have asked for a better company to serve India with,» his post on X read. This came after the official handle of Zomato posted an illustration of the BSE, showcasing the listing of Swiggy.

Speaking to ANI, Sule said «Joint Parliamentary Committee is a huge thing. Are they going to end that too? This is a democracy and the country runs on a Constitution, not on any invisible force.» Shah had said that Maha Vikas Aghadi (MVA) is against the changes, but the bill to amend the law regarding the Waqf board will soon be passed in the Parliament.

Tata Power Company Ltd. traded 2.22 per cent in Wednesday's session at 12:36PM (IST). The stock opened at Rs 413.45 and has touched an intraday high and low of Rs 416.20 and Rs 404.40, respectively, during the session so far. The stock quoted a 52-week high of Rs 494.85 and a 52-week low of 251.40. About 905,336 shares changed hands on the counter so far.

SRF Ltd. traded at Rs 2211.25 on BSE at 12:46PM (IST) on Wednesday, 1.74 per cent from previous close. The stock quoted a 52-week low price of Rs 2088.55 and a high of Rs 2697.45.