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A high-speed rail line between Las Vegas and the Los Angeles area is getting a Biden administration pledge of $3 billion to help start laying track

Mineral fuels, inorganic chemicals, compounds of precious metals and iron and steel are India's top exports to Oman while oil, fertilisers and plastics are the top imports. Officials said that the negotiations will be fast tracked and the pact could be on similar lines as the one with the UAE. India's exports to Oman in April-September FY24 were $2 billion and imports were $2.1 billion. «Discussions have started and the agreement would be a comprehensive one,» said an official.

The country's installed power generation capacity from non-fossil source is 186.46 gigawatt (GW), which is 43.82 per cent of its total installed capacity, the minister for new and renewable energy said. «India is on track for achieving its target of having 50 per cent of its installed source generation capacity from non-fossil fuel sources by 2030,» Singh, who also holds the portfolio of Power Minister said.

COP fest is underway again — this time with 70,000 participants and unlimited gyaan in Dubai. Already there's been a good kerfuffle. The Guardian reported last week that in an online event in November, COP president and head of Abu Dhabi National Oil Company, Ahmed Al Jaber, had stated there is 'no science out there' that says that a phase-out of fossil fuels will achieve restricting global heating to 1.5° C.

Paris Agreement goals, however there is little agreement on what needs to be done to get back on track. Differences remain on how to tackle fossil fuels, emphasis on coal as negotiators continue with their efforts to narrow differences before ministers take over at the end of the week. The global stock take is the main deliverable of the Dubai talks. It is the ambition mechanism of the Paris Agreement, where countries collectively assess progress across all pillars — emissions reduction, adapting to impacts of climate change, loss and damage, means of implementation, including finance. The text released early morning on Tuesday puts together several options representing country or negotiating group positions.

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NEW DELHI : India’s nascent real-money gaming industry is going through a phase of consolidation, with larger firms looking at smaller startups that may help improve the former’s net user base, and in the long run, revenue. Industry stakeholders such as Mumbai-based unicorn Games24x7, as well as publicly-listed gaming firm Nazara Technologies, are among those that believe that consolidation across the industry is inevitable—but finding offers with the right valuation poses a challenge. In an interview with Mint, Sudhir Kamath, chief operating officer of Nazara, said the company will make strategic acquisitions in the long run, as and when it finds the right opportunities.

A new product puts the leverage of high-powered hedge funds in the hands of the regular investor, allowing them to make a bet that moves 4 times the direction of the stock market on any given day.

Philadelphia police say a man who had tried to steal merchandise from a department store returned 15 minutes later and stabbed two security guards, killing one and injuring the other

Uber's stock is set to join the S&P 500 index later this month

Wall Street is hanging near its 20-month high after a mixed set of reports kept questions alive about whether the U.S. economy can pull off a perfect landing that kills high inflation and avoids a recession

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investor frenzy not only for stocks in the main board but also in the SME segment, the market capitalisation of companies listed on the NSE Emerge platform has crossed the Rs 1 lakh crore mark. As on date, 397 companies are listed on NSE Emerge, with a fundraising of more than Rs 7,800 crore.

Truecaller Ads, an in-app publisher in India, has broadened its offerings. The proprietary ad formats prioritise the user experience, aiming for less intrusive ads. Brands can closely track the performance of the formats, gathering insights on user interactions, engagement rates, and conversion metrics. The data facilitates future campaign optimisation and audience targeting.

Moody’s Investors Service cut its outlook for Chinese sovereign bonds to negative, underscoring deepening global concerns about the level of debt in the world’s second-largest economy.

Wall Street is still struggling to keep track of the myriad ways bankers are communicating with one another, even after shelling out more than $2 billion in penalties over staffers’ use of WhatsApp and other unauthorized messaging services. 

December has historically been a bullish month for stock markets, marked by a notable track record of positive returns since 1950, sharing the top spot with November and April.

Moody’s Investors Service cut its outlook for Chinese sovereign bonds to negative, underscoring deepening global concerns about the level of debt in the world’s second-largest economy.

Also Read: Stock Market Today: Sensex, Nifty 50 settle at fresh closing peaks; investors pocket about ₹3 lakh crore in a day With the launch of these new indices, the three variants of the Nifty 50 index mentioned below will be available for each of the two currencies: 1) Nifty 50 Price Return (PR): reflects the price performance of the index, plus the full value of special dividends but excludes the value of regular dividends 2) Nifty 50 Total Return (TR): reflects the price performance of the index, plus the full value of all dividends (both special and regular) 3) Nifty 50 Net Total Return (NTR): reflects the price performance of the index, plus the net amount of all dividends (both special and regular) and gains from bonus issue after deducting withholding tax and capital gains tax respectively The new indices are expected to attract international investors looking to invest in Indian equity market. They are expected to act as benchmarks for asset managers and as reference indices tracked by passive funds globally in the form of Exchange Traded Funds (ETFs), index funds and structured products.

Nifty Bank closed in the green for the third consecutive day in a row on Tuesday supported by strong global cues. The index rose nearly 600 points to close at 47,012. It hit a fresh record high of 47,230 on Tuesday.