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India globally and the country stands at a crucial juncture, ready to catapult into a $35-trillion economy in the next 24 years, marking an era of unprecedented growth, commerce and industry minister Piyush Goyal said. «We are at the cusp of our nation's history that will catapult India into a high-growth economy,» Goyal said at the ET NOW Leaders of Tomorrow Awards on Friday. Emphasising India's stature as a large and trusted economy, Goyal commended the global interest in investing, citing a meeting with a US investment house planning to double their $13-billion investment.

The crypto landscape has changed dramatically over the past few years, with stablecoin volumes challenging traditional payment giants like PayPal and Visa.

U.S. stocks ended little changed on Friday as investors digested the first batch of fourth-quarter earnings and continued to assess the Federal Reserve’s rate plans for the months ahead.

Narendra Modi will be on a two-day visit to Andhra Pradesh and Kerala from Tuesday to launch several development projects worth more than ₹4,000 crore in Kochi, including the New Dry Dock and the International Ship Repair Facility at the Cochin Shipyard Limited. PM Modi will visit Sri Sathya Sai District in Andhra Pradesh on Tuesday and inaugurate the new campus of the National Academy of Customs, Indirect Taxes and Narcotics (NACIN), the PMO said in a release. On January 17, the prime minister will inaugurate important infrastructure projects related to the ports, shipping, and waterways sector in Kerala after visiting Guruvayur Temple and Thriprayar Shree Ramaswami Temple in the state.

Investing.com — Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: Tesla cuts more than prices as EPA updates standards and pay for workers in the U.S. goes up. In addition, VinFast enters India with a big investment.

Investing.com – Israel stocks were lower after the close on Sunday, as losses in the Biomed, Communication and Real Estate sectors led shares lower.

In the volatile world of meme cryptocurrencies, Bonk has captured traders’ attention with a remarkable 60% rally from its recent lows, stirring speculations about a larger pump on the horizon.

Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the Industrial Investment, Energy & Utilities and Real Estate Development sectors led shares lower.

The cryptocurrency known as Bitcoin SV (BSV), which is a disputed fork of Bitcoin, has had a significant spike, and it has above the $100 threshold for the first time since April 2022. A spectacular reversal in its market value has occurred as a result of this large growth, which shows a striking increase of 108% over the course of the preceding week.

By Yimou Lee, Sarah Wu and James Pomfret

equity indices hit all-time highs on Friday, and logged weekly gains, led by gains in IT stocks after market leaders TCS and Infosys posted quarterly reports that alleviated concerns about weak demand. On the day, the NSE Nifty 50 added 1.14% to close at a record 21,894 points, while the S&P BSE Sensex climbed 1.18% to 72,568. They gained about 0.8% for the week. Meanwhile, the IT index jumped 5.14%, logging its best session since Oct. 8, 2020, to hit a 21-month high.

The U.S. military has struck another Houthi-controlled site in Yemen that it had determined was putting commercial vessels in the Red Sea at risk

tablets after evaluating the import data, which it is monitoring, an official said. In October last year, India put in place an import management system under which importers of these products have to seek authorisation from the government. The system is aimed at monitoring shipments of laptops, tablets and computers into the country without hurting market supply or creating a cumbersome licensing regime.

Vice President Lai Ching-te won the presidency on Saturday, the third consecutive term for his ruling Democratic Progressive Party (DPP), but the party lost its parliamentary majority, complicating Lai's spending plans and any intent to take an aggressive stance on China. China, which claims Taiwan as its territory, had called Lai a separatist and «troublemaker through and through», but took a gentler tone after the election, not mentioning him by name and saying the results revealed the DPP «cannot represent the mainstream public opinion» on Taiwan. Analysts expect Taiwan's stock market to take a hit this week as the spectre of policy paralysis fuels selling in a market that is up 25% in little more than a year. Yet the outcome is also a relief for investors who had feared the hawkish Lai would push for Taiwan's formal independence, something he has denied. Investors have worried about a hostile reaction from China and a chain reaction of sanctions that could cripple the global semiconductor industry. «I would imagine the reaction is negative.

Is the Indian Market Index expensive? The easiest answer which comes to ones’ mind is “Yes”. Nifty is at all-time high and trading at ~20x one year forward, hence on an absolute basis in line with its last five years’ average. On a relative basis, it trades at a premium of ~88% to MSCI EM and 26% to MSCI World index, making India arguably one of the costlier markets. However, a) The Quality of Earnings and macro situation is not similar to India’s past b) Indices are not comparable to their historic past. The Indian economy is going from strength to strength with most economists increasing their estimates from 5-6% to 7-8%. If one were to add 4-5% as inflation, Nominal GDP could grow at 11-13%. India is adding US$ US$ 1 trillion in 3 years so assuming a MCap to GDP ratio it can add >US$ 1.25 trillion incrementally every 2-3 years, for the broader markets or over 10-15% p.a. The PAT as % of GDP to has increased from 1.9% lows in F2020 to over 5% currently and we will not be surprised if it doubles in the next 5 years if the profit growth is twice the GDP growth in a blue sky environment. Then one could argue of a higher MCap to GDP multiplier of 1.5-1.75 x. Our bottom up analysis in JM PMS estimates NIFTY 50 to grow at 15% plus p.a., with broader base contribution from many industries as against the financial industry historically. The indices have had material changes in the last decade, almost 17 stocks or 35% of the no. of stocks have been reshuffled in the Nifty 50, and in most cases the stocks which have entered are much higher PEs.

Bitcoin price dips to the $42,000 mark, currently trading at $42,588, reflecting nearly 0.60% decrease on Sunday. This latest fluctuation in Bitcoin’s value raises the question among investors and enthusiasts alike – is it the right time to buy the dip?

bilateral initiatives aimed at further strengthening the seamless cross-border connectivity, as the officials from the two sides met to discuss ways to fortify the economic and commercial linkages. The India-Nepal Inter-Governmental Sub-Committee (IGSC) on Trade, Transit, and Cooperation to Combat Unauthorised Trade convened its latest session in Kathmandu on January 12-13.

put around Rs 3,900 crore in Indian equities in the first two weeks of this month, against the backdrop of uncertainty over the interest rate scenario. The investment has slowed down compared to Rs 66,134 crore attracted in the entire December. Before that, FPIs invested Rs 9,000 crore in November.

PTI. In addition to this, Trading activity of foreign investors, global oil benchmark Brent crude and rupee-dollar trend would also guide the movement. "The focus will shift towards Q3 earnings, with key players such as HDFC Bank, HUL, Asian Paints, IndusInd Bank, and Ultratech Cement set to announce their results.

Reliance Industries Ltd is seeking a minimum USD 10 rate for the gas it plans to produce from coal seams, as it altered its pricing formula to reflect the changed energy scenario. Reliance has sought bids from users for 0.90 million standard cubic meters per day of gas it will produce from coal-bed methane (CBM) block SP (West)_CBM-2001/1 in Madhya Pradesh, according to a tender floated by the company. Users have been asked to quote a premium they are willing to pay over and above 12.67 per cent of the Dated Brent crude oil price.

regulatory sandbox approach to deal with issues related to crypto products and services, economic think tank GTRI said in its report on Sunday. Regulatory sandbox usually refers to live testing of new products or services in a controlled/test regulatory environment for which regulators may (or may not) permit certain relaxations for the limited purpose of the testing. The Global Trade Research Initiative (GTRI) said that in the light of crypto's acceptance in the regular financial system in the US, it remains to be seen how India's crypto policy evolves in coming months.