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Dalal Street since the Covid-led market crash in 2020. Sensex is down about 5% this month (till Wednesday), beating June 2022's record fall of 4.58%. One of the worst market falls in recent years was seen in February and March months of Covid year 2020 when the Sensex lost 6% and 23%, respectively.

Hindustan Unilever (HUL) fell by 5% to the day’s low of Rs 2,533 on the BSE after reporting a 4% decline in its standalone net profit for the quarter ended September 2024, which reached Rs 2,612 crore, compared to Rs 2,717 crore posted in the same period last year. HUL reported revenue from operations of Rs 15,319 crore, up 2% from Rs 15,027 crore in the corresponding quarter of the previous financial year.

At the COP28 climate talks in Dubai last year, leaders from more than 130 nations agreed to triple renewable power capacity by the end of the decade. It was one of the few tangible agreements at the annual meeting and a goal that’s crucial to cut dependence on fossil fuels that cause climate change. While the target remains achievable, current rates of clean power deployment aren’t sufficient and the rollout of wind turbines is lagging, according to the International Renewable Energy Agency.

HDFC Securities has an add call on Mahindra & Mahindra Financial Services (Mahindra Finance) with a target price of Rs 288. The current market price of Mahindra & Mahindra Financial Services is Rs 267.85. The company, incorporated in 1991, is a largecap company with a market cap of Rs 33056.60 crore, operating in NBFC sector. Mahindra & Mahindra Financial Services key products/revenue segments include Interest, Fees & Commission Income, Rental Income, Income From Sale Of Share & Securities for the year ending 31-Mar-2024.

SBI Life's shares will be in focus on Thursday after the company reported a 39% year-on-year (YoY) growth in its consolidated net profit, reaching Rs 529 crore in the second quarter. This compares to Rs 380 crore in the same quarter last year. The net premium income for the reporting period increased by a marginal 1% YoY to Rs 20,266 crore.

Brokerage firms CLSA and Investec have buy ratings on Paytm and TVS Motor respectively. Meanwhile, Macquarie and CLSA have outperform ratings on SBI Life and Sona BLW respectively. Jefferies has a buy call on Godrej Properties.

immigration policy, Canada is set to reduce the number of immigrants it will admit in the coming years. A government source told Reuters, the new targets will see a decrease from 485,000 new permanent residents in 2024 to 395,000 in 2025, 380,000 in 2026, and 365,000 in 2027. This decision marks the first time in years that the Canadian government has lowered its immigration targets. The number of temporary residents will also decrease, with 2025 projections targeting 300,000, down by 30,000 from previous levels. The shift in policy was initially reported by The National Post. Canada has traditionally been known for its openness to newcomers. However, the landscape has changed in recent years amid a national debate fueled by rising housing costs. As interest rates increased over the past two years, home affordability has become a pressing concern for many Canadians. A surge in the immigrant population has contributed to record levels, intensifying demand for housing and pushing prices further up.

HDFC Securities has an add call on Supreme Industries with a target price of Rs 4,770. The current market price of the stock is Rs 4569.6. Supreme Industries, incorporated in 1942, is a midcap company with a market cap of Rs 58343.44 crore, operating in plastics sector. Supreme Industries's key products/revenue segments include Plastic Products, Polymers (Traded), Other Operating Revenue, Processing Charges and Export Incentives for the year ending 31-Mar-2024.

Indian market is expected to trade higher on Thursday, tracking positive global cues. The Nifty futures closed negative, with losses of 0.21% at 24,487 levels on Wednesday.

In a lawsuit filed Tuesday in Orlando, Florida federal court, Megan Garcia said Character. AI targeted her son, Sewell Setzer, with «anthropomorphic, hypersexualised, and frighteningly realistic experiences». She said the company programmed its chatbot to «misrepresent itself as a real person, a licensed psychotherapist, and an adult lover, ultimately resulting in Sewell's desire to no longer live outside» of the world created by the service.

Subscribe to enjoy similar stories. This month’s monetary policy committee’s (MPC) meeting that voted to keep the Reserve Bank of India’s (RBI) policy rate steady was the first since this panel’s reconstitution.

Subscribe to enjoy similar stories. New Delhi: Despite the recent easing of tension between New Delhi and Beijing, the ghost of the 2020 Galwan clash is likely to hover for a while, as the implications of the border disengagement between the two countries is likely to unravel only slowly.

The Bank of Canada dropped its policy rate by 50 basis points on Wednesday, bringing the interest rate down to 3.75 per cent, as policymakers try to keep inflation near their target with a fourth consecutive rate cut.

Here’s the Bank of Canada’s official statement for its rate decision:

The federal government is set to announce major changes to Canada’s immigration system on Thursday, three sources tell Global News.

The Bank of Canada delivered an oversized interest rate cut of half a percentage point on Wednesday, focusing now on boosting the Canadian economy amid signs inflation is well under control.

Hezbollah escalate, a missile strike on an apartment building in Beirut was captured live by Bilal Hussein, an Associated Press (AP) photographer. The incident is part of Israel's ongoing military campaign in Lebanon, aimed at targeting Hezbollah strongholds in the region. The dramatic moment occurred after an Israeli warning allowed the building to be evacuated. Hussein, who was positioned behind a tree for cover, was able to document the missile’s descent just moments before it struck, capturing the projectile’s final approach.

Subscribe to enjoy similar stories. Reliance Jio aims to export its high-speed fixed wireless access (FWA) internet as a managed service rather than entering overseas markets directly as a telecom services provider, senior company officials said. Having already deployed nearly 1 million 5G sites across the country since October 2022, the Mukesh Ambani-owned telecom operator views FWA as the biggest use case for 5G not only in India but also in other global markets.

Subscribe to enjoy similar stories. It is bad enough to contemplate a war in Asia. It is grimmer still to think through a nuclear one.

With rapid adoption of Generative AI, businesses of all sizes have the opportunity to significantly improve the customer experience for their customers

Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...