Track Financial News

By Brigid Riley

Buxa Tiger Reserve on Monday morning near Rajabhatkhawa Shikari Gate in Bengal's Alipurduar district. An elephant herd was crossing the track between Rajabhatkhawa and Kalchini stations when an adult female and two calves were hit by the train, running from Guwahati to Siliguri. The female elephant and one of the calves were flung around 15-20ft off the track, while the second calf was ripped apart.

Nine Blocks Capital Management has become the first crypto hedge fund to obtain a Virtual Asset Management and Investment Services license from Dubai’s Virtual Assets Regulatory Authority (VARA), the company announced in a press release Monday.

Taylor Morrison CEO Sheryl Palmer discusses the headwinds facing the housing market after a drop in August existing home sales on 'The Claman Countdown.'

By Lucia Mutikani

rainfall increases under global warming, according to a study published Monday that signals a future of more frequent catastrophic floods unless humanity curbs greenhouse emissions. It comes as countries prepare to meet at the COP28 summit in Dubai beginning later this week, amid fears it could soon be impossible to limit long-term warming to the 1.5 degrees Celsius scientists say is necessary to curb the worst effects of human-caused climate change. Researchers from the Potsdam Institute of Climate Impact Research (PIK) looked at the intensity and frequency of daily precipitation extremes over land in 21 «next generation» climate models used by a UN body in its global assessments. They then compared the changes projected by the models with those observed historically, finding that nearly all climate models significantly underestimated the rates at which increases in precipitation extremes scaled with global temperature rise. «Our study confirms that the intensity and frequency of heavy rainfall extremes are increasing exponentially with every increment of global warming,» said Max Kotz, lead author of the paper published in the Journal of Climate. The changes track with the Clausius-Clapeyron relation in physics, which established that warmer air holds more water vapor.

Taylor Swift delighted fans with exciting news on Monday. As she gears up to celebrate her birthday on December 13, Swift decided to make the "Eras Tour Concert Film" available for streaming, ensuring fans worldwide can enjoy the show from the comfort of their homes. In a social media post, Swift shared her excitement about celebrating the remarkable year she and her fans had shared.

(Reuters) -After a busy holiday shopping weekend, discount seekers are expected to spend between a record $12 billion and $12.4 billion on beauty products, electronics, toys and apparel on Cyber Monday, according to Adobe (NASDAQ:ADBE) Analytics.

Anita Anand says Canada is at a point where it needs to “watch our purse strings” when it comes to spending, but adds the federal government is “striking the balance” between fiscal responsibility and supporting Canadians.That approach is not just being taken with addressing cost-of-living issues like affordable housing — a key focus of last week’s fall economic statement — but also national defence, a portfolio Anand previously led and says will not be impacted by efforts to cut costs in Ottawa.“It certainly is an economic period where we need to watch our purse strings as well as to make sure we’re delivering on the priorities that are so important for our country,” she told Eric Sorensen in an interview that aired Sunday on The West Block.She called the measures introduced in Tuesday’s fiscal update “targeted” toward building more homes faster.Tuesday’s update adds $20.8 billion in new spending since the spring budget over five years, with some new measures designed to boost the housing supply, including rental units and affordable housing.

Hero Motocorp is back on investors’ radar driven by rising conviction on premiumisation led earnings growth and higher two-wheeler volume growth on a low base. This is likely to offset the concern about a drop in the market share in the medium term.

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content

Investing.com — U.S. stock futures traded lower Monday, as investors turned cautious approaching the end of a generally positive month and the release of key inflation data.

Investing.com-- Most Asian stocks fell on Monday tracking weak signals from China, while anticipation of a string of key economic readings this week kept markets largely on edge.

By Harry Robertson and Wayne Cole

Investing.com -- Retailers are expected to unveil deep Cyber Monday sales in a bid to persuade inflation-squeezed American consumers to open up their wallets ahead of the holidays. Meanwhile, markets will be monitoring shoppers' behavior as they try to parse out the Federal Reserve's future interest rate path. Elsewhere, Elon Musk is due to meet with Israel's president, while U.S. President Joe Biden will reportedly skip the upcoming COP28 climate conference.

Sai Silks (Kalamandir) has been seeing strong investor interest, rising almost 35 percent from its issue price in just 2 months. In a recent note, domestic brokerage house HDFC Securities has initiated coverage on the stock with a ‘buy’ recommendation and a target price of ₹385, indicating an upside of 29 percent from its current market price of ₹298.75, as on November 24. The bullish call is on the back of strong financial performance, a robust track record, and a healthy growth potential in the saree industry.

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

By Nilesh Jahagirdar

Electric buses will be at the forefront of India’s electrification drive with the segment expected to witness healthy traction going forwards expects ICRA. 

S&P Global Ratings on Monday raised India’s growth forecast for the current financial year to 6.4 per cent, from 6 per cent, saying that robust domestic momentum has offset headwinds from high food inflation and weak exports. The US-based rating agency, however, has cut growth estimates for the next fiscal (2024-25) to 6.4 per cent, as it expects growth to slow in the second half (October-March) of the current fiscal, on higher base impact and subdued global growth. “We have revised up our projection for India’s GDP growth for fiscal 2024 (ending in March 2024) to 6.4 per cent, from 6 per cent, as robust domestic momentum seems to have offset headwinds from high food inflation and weak exports.

Read here: Exit polls, GDP data, F&O expiry, auto sales to guide market direction this week The agency also noted that GDP exceeded the 2019 level by 15.5 percent in India in the first half of the current fiscal. Also, fixed investment has recovered considerably more than private consumer spending, it added. S&P also believes that it will take some time for India's interest rate cycle to turn as the headline inflation still remains above the RBI's target of 4 percent.