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Get ready for the return of mystery Chinese bidders. Herbert Smith Freehills is forecasting a pickup of Asian interest in Australia’s public companies after the region’s bidders deserted the local deals landscape in the last 12 months.

ALSO READ Asian Games 2023: Neeraj Chopra wins the gold medal, netizens call him 'legend' "I was puzzled and confused, it has never happened in any competition I have competed in till now. I think they lost my landing mark and they kept on looking for it." Apart from this, Kishore Jena, who joined Chopra on the podium with his silver-winning effort, also had his second throw invalidated for crossing the line but the decision was later reversed. Senior vice president of the Athletics Federation of India (AFI), Anju Bobby George, accused the officials of deliberately targeting the Indians.

₹75,000 crore in the current financial year to strengthen their networks, reported PTI The report said Reliance Jio may invest around ₹42,000 crore and Bharti Airtel around ₹33,000 crore in FY24, but the investment will taper down after their 5G network rollout target is met as per their announcement. "Bharti's management capex guidance implies India business capex could decline to approximately ₹200 billion ( ₹20,000 crore) from FY25 (versus ₹280 billion, or ₹28,000 crore in FY23) though we continue to conservatively build in approximately ₹270 billion ( ₹27,000 crore) for FY25 and ₹330 billion ( ₹33,000 crore) for FY24," the PTI quoted the report as saying.

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.

Polygon (MATIC) is bouncing back amid major proposal progress towards Polygon 2.0 and a surge in whale MATIC transactions - leaving some asking 'is it too late to buy Polygon?'.

₹7,127 per bbl, having swung between ₹7,107 and ₹7,437 per bbl during the session so far, against a previous close of ₹7,448 per barrel. THIS COPY IS BEING UPDATED "Exciting news! Mint is now on WhatsApp Channels

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.

Millions of people are facing retirement without enough income to live comfortably and may struggle to address the issue.

Investing.com — Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at Apple, Emerson, Tritium DCFC, and B&G Foods.

By Milana Vinn and Anirban Sen

By Joseph White

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.

The Australian Energy Regulator has sounded the alarm over the growing market power of Snowy Hydro as an increasingly important provider of back-up power for renewables, which it says have the potential to further increase costs in an electricity system where households are already struggling with higher bills.

London | Abu Dhabi| Sultan al-Jaber, president-designate of this year’s UN climate summit, said the oil and gas industry must prepare for an inevitable “phase down” of fossil fuels as he warned the sector should not be seen to work against decarbonisation efforts.

Marico said the demand situation during the September quarter largely mirrored the trends observed in the preceding quarter and instances of rising food prices and below-normal rainfall distribution in some regions seemed to impede the anticipated recovery in rural demand. The maker of Saffola and Parachute said domestic volumes grew in low-single digits on a year-on-year basis, and it continued to witness healthy trends in offtakes, market share and penetration across key franchises. «Consumption trends, particularly in rural, are expected to improve in H2 owing to retail inflation levels staying within RBI’s target range, hike in MSPs, healthy sowing season, easing liquidity pressures and government spending,» Marico said in its quarterly earnings update Among key inputs, copra and edible oil prices stayed in a favourable range, although the latter continued to exhibit some volatility. Crude derivatives remained firm with an upward bias.

Once bitten, twice shy? Not with dollar bulls, and not when the prey is the yen.

Long-term energy bulls have no reason to frown, even against the backdrop of the recent halt in oil price rises.

₹800,000 (just under $10,000) per year and cannot be members of SC, ST or OBC groups. More than 98% of Indians, [as estimated, would qualify for it if only that income cut-off were to apply]. By focusing solely on economic conditions, rather than marginalization and discrimination based on social identity, the new EWS quota effectively turned the original reservation policy on its head.

PHOENIX—Unless it’s an early-morning caffeine emergency or vacation mimosa, I’d sooner board last than spring for snacks and drinks at the airport. Yet there I was on Sunday, wearing out the company credit card at shops and restaurants for a few hours at Sky Harbor International Airport. My mission: See how far $100 would go in an era of high inflation and daily social-media posts on outrageous airport prices.

Also Read: Inclusion of Indian bonds in JPMorgan bond index to have limited impact on Indian bonds, rupee, says ASK Wealth Strong economic data in the US and hawkish comments from the US Federal Reserve officials have raised bets that the interest rates will remain higher for longer, leading to a spike in bond yields. US job openings unexpectedly rose in August, pointing to tight labor market conditions that could compel the Federal Reserve to raise interest rates next month, with the odds rising above 30%, Reuters reported.