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Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

With Canada’s official inflation measure now well below the two per cent target, two-thirds of economists think the Bank of Canada will slash its rate by 50 basis points on Wednesday. (A basis point is one-hundredth of a percentage point.)

Malaysia will introduce new taxes and revamp gasoline, education and healthcare subsidies next year as part of aggressive reforms to narrow the country's fiscal deficit

It is as yet unknown how many people might pay more, the BBC reported. Question marks also remain over how much they might pay. Prime Minister Keir Starmer and Chancellor Rachel Reeves are reportedly mulling multiple options when it comes to IHT changes. Currently, around 4% of deaths face an IHT charge, which is levelled at 40% above a £325,000 threshold. Currently, the government raises around £7bn annually via IHT. Reeves to use Budget to hike capital gains tax on sale of shares – reports Some exemptions and reliefs, including gifting rules, could come under fire. Business re...

Supriya Chatterjee to Managing Director, North India. In her new mandate, Supriya will lead the firm’s Delhi-NCR office, driving growth and enhancing client relationships throughout the northern region, including Jaipur. She will focus on capitalizing on emerging market opportunities in one of India’s largest and most dynamic real estate markets. She has been leading Cushman & Wakefield’s office brokerage business for North India.

Hamas chief Yahya Sinwar. The Israel Defence Forces (IDF) on Thursday evening announced that it had eliminated Yahya Sinwar, the mastermind of deadly October 7 attack, in a targeted ground operation in Rafah in southern Gaza. The Israeli military said that «after a year-long pursuit», troops «eliminated Yahya Sinwar, the leader of the Hamas terrorist organisation, in an operation in the southern Gaza Strip» on Wednesday. According to Israeli media reports, after a year-long manhunt, Yahya Sinwar, a prime target for Israel, was killed «by chance» by regular IDF soldiers. The IDF also released drone footage of what it said were the «last moments» of Yahya Sinwar, showing him sitting on a couch, surrounded by rubble, inside a dilapidated apartment. In his final moments, Yahya Sinwar is seen throwing an object at the drone.

Pankaj Pandey, Head Research, ICICIdirect.com, says typically, any year, one could easily get 10-12% kind of a correction, and multiple corrections in the market. So 6% is already run, at max possibly 4-5% is very much possible. But Pandey thinks that the market ideally should bottom out at current levels. The second half is expected to be better because a lot of ordering, tendering should happen given the fact that H1 was quite soft. A lot of sectors in the second half are expected to do well. ICICIdirect is maintaining a target price of 27,500 for Nifty and about 15-16% CAGR growth in earnings for the next two years. How are you looking at the overall earnings because that is a bit disconcerting? There is such a divergence from what the Street was pencilling in and the kind of commentary and the kind of results that a lot of companies have been putting out and also across-the-board, the slowdown seems to be quite evident. How much of a concern is that? Pankaj Pandey: Overall, this was expected to be a softer quarter. We are already at peak margins of 19-20% for Nifty. So, incrementally margin expansion was definitely not the case. And we all know that in big sectors like IT, the demand is still soft and possibly Q4 is where some bit of a revival can be expected and obviously, we will have US elections impacting the sentiment as well and commodity prices continue to remain soft whether it is for steel, whether it is for cement.

Subscribe to enjoy similar stories. Federal prosecutors charged an employee of India’s intelligence service with allegedly directing an audacious plot to kill a vocal Sikh activist in New York, an escalation in a long-running investigation that has threatened a rift in the U.S.-India alliance. Vikash Yadav, 39, a now-former employee of India’s foreign intelligence service, faces murder-for-hire charges in connection with the alleged plot that was first revealed last year.

buy call on Infosys with a target price of Rs 2,200. The current market price of Infosys Ltd. is Rs 1912.7. Infosys., incorporated in 1981, is a largecap company with a market cap of Rs 817184.02 crore, operating in IT Software sector. Infosys Ltd. key products/revenue segments include software products and software development charges for the year ending 31-Mar-2024.

Indian market is likely to trade lower on Friday tracking muted global cues. The Nifty future closed negative with losses of 0.81% at 24,845 levels on Thursday. INDIA VIX surged by 2.56%, settling at 13.39, indicating a jump in market volatility.

Manappuram Finance are likely to remain in focus after the Reserve Bank of India (RBI) imposed restrictions on four NBFCs (including Manappuram) citing material supervisory concerns, following which, the stock earned multiple rating downgrades or target price cuts from various brokerage firms. The Central Bank on October 17 announced this regulatory action against four NBFCs and NBFC-Micro Finance Institutions (NBFC-MFIs), citing material supervisory concerns. The RBI directed these entities to cease and desist from sanctioning and disbursing loans until further notice.

Axis Bank shares are in focus today after the private lender reported an 18% increase in standalone net profit, reaching Rs 6,918 crore, compared to Rs 5,864 crore in the same quarter of the previous financial year. The bank’s Net Interest Income (NII) grew 9% year-on-year (YoY) to Rs 13,483 crore, while its Net Interest Margin (NIM) for Q2 FY25 stood at 3.99%.

China has reported that its economy expanded at a slower-than-expected rate of 4.6% in the July-September quarter

Axis Bank, while Morgan Stanley has downgraded Manapurram Finance to equal-weight. Jefferies has maintained a hold call on Havells and Macquarie has an outperform rating on Wipro.

The federal government likely failed to keep its deficit below the promised $40-billion cap in the last fiscal year, the parliamentary budget officer said on Thursday.

India had at least 26 extradition requests pending with Canada, the South Asian nation’s foreign ministry said on Thursday, amid a diplomatic row between the two countries.

The number of Americans filing for unemployment benefits last week came back down to more recent ranges after a big jump the week before due to hurricanes in the Southeast

Bitcoin (BTC) could make more headlines today as the leading cryptocurrency’s price hovers around a three-month high just below the closely watched $67,000 mark.

Nuclear power is garnering renewed attention amid growing demand for power and cleaner energy

Gallium Nitride (GaN) semiconductor startup Agnit Semiconductors on Thursday said it has raised $3.5 million in a seed round led by 3one4 Capital and Zephyr Peacock – marking their first investment in India’s semiconductor sector. Along with two new investors, the company said the round also witnessed participation from former CEO of Cognizant and angel investor Lakshmi Narayanan. The five-year-old Bengaluru-based startup, which was also one of the nominees for the 'Top Innovator' category at the ET Startup Awards, has raised $4.87 million in total so far and plans to utilise the fresh funds to scale its production and commercial operations.