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Paytm, tumbled in today's trade, locking at the lower circuit limit of 20%, reaching 650.45 apiece. This sharp fall came after the company announced plans to cut back small ticket loans amid regulatory changes.

Reliance Industries (RIL), India's most valuable company, is in discussions with sugar mill operators to procure sugarcane press mud—a crucial raw material for producing compressed biogas (CBG), as per an Economic Times report citing internal sources. "RIL is actively seeking press mud from large sugar mills to support its CBG plants. The company has approached major sugar mills capable of supplying substantial volumes of press mud daily, spanning various locations nationwide," an executive involved in the discussions told the paper.

The White House is pushing back a plan to ban menthol cigarettes, an unexpected delay that quickly sparked criticism from anti-smoking groups

Emart, South Korea’s largest retailer and supermarket chain, says its new next-generation ATMs could soon feature crypto and security token offering (STO) trading functions.

HDFC Bank and Sun Pharma as well as on HUL. Meanwhile, Morgan Stanley recommended an Equalweight rating on Paytm. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Macquarie on HDFC Bank: Outperform| Target Rs 2110 Macquarie maintained an outperform rating on HDFC Bank with a target price of Rs 2110.

COP28 is approaching the end of the first week and the kings, presidents and prime ministers have flown off. Now, hundreds of seasoned climate diplomats must get down to the tough job of negotiating a text that everyone can agree on. Adnan Amin, who as chief executive officer of COP28 is one of Sultan Al-Jaber’s most senior lieutenants, said in an interview there are several areas that are likely to test negotiators over the rest of the summit. The tussle over whether the final agreement should commit to a “phase down” or “phase out” fossil fuels is prominent as always and different formulations are currently being shopped.

ANI, the discussion on the "Economic Situation in the country", raised by Trinamool Congress MP Derek O'Brien on Dec 5, will continue in the Rajya Sabha today Additionally, BJP MPs Anil Jain and Neeraj Shekhar are to present the 249th and 250th reports (in English and Hindi) of the Department-related Parliamentary Standing Committee on Home Affairs in the Rajya Sabha. BJP MP Chhedi Paswan to lay the Statements of the Committee on the Welfare of Scheduled Castes and Scheduled Tribes (2023-24).

Day trading guide for today: Following strong global market cues on rate cut buzz in near term, key benchmark indices of Indian stock market scaled new highs on Wednesday. Nifty 50 index climbed to a new peak of 20,961 levels, BSE Sensex touched new life-time high of 69,744 whereas Bank Nifty index hit a new high of 47,259. In broad market, small-cap index added 0.18 per cent while mid-cap index touched a new peak of 35,245.

a balance between anthropogenic emissions…and removals". Residual, “hard to abate" emissions of greenhouse gases were to be balanced by the withdrawal of carbon dioxide already in the atmosphere. The project at Fujairah aims to show one of the ways in which what went up can come down, and the way of the world be righted.

By James Oliphant and Tim Reid

By Gram Slattery

RBI) Governor Shaktikanta Das will unveil the fifth monetary policy of the financial year 2023-24 on Friday, December 8, after a two-day review, as it observes the impact of global headwinds on India's macroeconomic indicators such as inflation trajectory and growth in gross domestic product (GDP). The review by the six-member Monetary Policy Committee (MPC) led by Das will likely indicate the course RBI will adopt in the remainder of the financial year as it seeks to strike a fine balance between sustaining growth and bringing inflation under the 4 per cent target amid high food prices.

Robinhood (NASDAQ:HOOD) shares are up more than 7% Wednesday following positive comments from Mizuho analysts regarding the company's potential crypto share gains.

fiscal deficit target of 5.9% of gross domestic product (GDP) for 2023-24. The demands involve gross additional spending of more than ₹1.29 lakh crore in this fiscal, a significant chunk of which, ₹70,968 crore, will be met through savings or enhanced receipts of various ministries and departments, according to the papers tabled in both houses of Parliament. Late last month, officials had said overall revenue collections were expected to remain robust this fiscal, while additional outgo under some programmes or heads could be significantly offset by savings in others and reprioritisation of expenditures. The Centre's fiscal deficit in the first seven months of this fiscal hit 45% of the full-year target, a tad lower from 45.6% a year before, indicating that the deficit was under control. The government had budgeted total expenditure at ₹45 lakh crore for 2023-24, while its tax and non-tax revenue was pegged at ₹26.3 lakh crore. The net outgo under the first batch of supplementary demands for grants in 2023-24 is way below the level a year before, when the government had sought clearance for a net spending of ₹3.26 lakh crore and gross expenditure of ₹4.36 lakh crore. However, this was because the 2022-23 budget calculations went haywire after the Ukraine war broke out unexpectedly, leading to elevated global commodity prices that inflated the government's subsidy bill. The latest supplementary demands include a total of 79 grants and four appropriations.

Opting to bowl, India dished out a shoddy fielding and bowling performance — except for Renuka Singh — to allow England post 197/6 and then could only score 158/6 in response to lose the match and concede 1-0 lead to England in the series. Only Shafali Verma (52 off 42 balls) could score big in the Indian run chase. Captain Harmanpreet Kaur (26) and Richa Ghosh (21) failed to convert their starts as India failed to mount a serious challenge to the big target. India’s chase took early blows when Smriti Mandhana (6) was cleaned up by Nat Sciver-Brunt in the third over and Freya Kemp struck with her first delivery, getting Jemimah Rodrigues (4) caught behind in the sixth over. But despite losing two key batters, India were 53/2 in the powerplay and looked set for having a crack at the big chase until England’s spinners came into fray. Coming off an injury lay-off, there were no visible signs of struggle for the parsimonious Sophie Ecclestone, who cleaned up India skipper Harmanpreet (26 off 21 balls, 3x4s, 1x6s) when her partnership with Shafali started to threaten the visitors. Richa Ghosh (21) and Shafali provided a glimmer of hope for India with their brisk 26-ball 40-run stand for the fourth wicket but Sarah Glenn broke their stand to peg the hosts back again. Earlier, marauding fifties by Danni Wyatt (75) and Sciver-Brunt (77) powered England Women to 197/6 after early setbacks.

By Tatiana Bautzer and Niket Nishant

The Bank of Canada left its benchmark interest rate unchanged at 5.0 per cent for the third consecutive decision.

Amazon.com Inc. is sharply cutting fees for merchants selling clothing priced below $20, a sign it’s hunkering down for a price war with Chinese fast-fashion upstart Shein. On Tuesday, Amazon announced it would reduce seller fees on clothing products priced below $15 to 5% beginning in January. The rates on clothing priced from $15 to $20 will drop to 10%. The commissions on both categories had previously been 17%.

Mega-cap stocks represent shares of companies listed on the US stock market with a market capitalization exceeding $200 billion, making them the largest publicly traded companies globally.

By Steve Scherer and David Ljunggren

The Bank of Canada held interest rates on Dec. 6, keeping its key policy rate at five per cent.