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US Federal Reserve Chair Jerome Powell highlighted a cautious outlook after the central bank cut key interest rates by 0.25% to 4.25% to 4.5%. Inflation has eased but remains slightly elevated, he said, with projections of 2.4% for this year and 2.5% for 2025. Powell noted that inflationary pressures are now «roughly balanced».

CATL said on Wednesday it had co-developed 10 new electric vehicle models with automakers that use swappable batteries, as the Chinese battery giant seeks to lead a trend it says will replace a third of gasoline stations in China. Yang Jun, CEO of CATL's battery swapping brand EVOGO, said it would roll out the first EV that uses its so-called «choco-swap» battery this month, with the remaining to be launched in upcoming months. CATL will also look to build 1,000 battery swapping stations next year and to accelerate this further by enlisting partners to build more stations, he added.

Capybaras are having a big moment

Shares of TVS Motor Company Ltd.(up 1.07 per cent), Balkrishna Industries Ltd.(up 0.81 per cent), Bajaj Auto Ltd.(up 0.7 per cent), Mahindra & Mahindra Ltd.(up 0.32 per cent) and Eicher Motors Ltd.(up 0.16 per cent) ended the day as top gainers in the pack.

Nalini Unagar, a food enthusiast, recently announced her decision to end her YouTube career, leaving her followers surprised. After dedicating three years to the platform and creating over 250 videos, Nalini revealed she had invested approximately Rs 8 lakhs in building a studio kitchen, purchasing equipment, and promoting her channel. Despite her efforts, she received no significant returns, leading her to delete all her content and put her equipment up for sale. Nalini expressed frustration over her experience, stating that success on online platforms often depends on luck and unpredictable algorithms. Her disappointment stemmed from the lack of recognition for her hard work. Reflecting on the challenges of relying on online platforms as a primary income source, Nalini warned that such ventures could fail unexpectedly, no matter the effort invested.

Bajaj Holdings & Investment Ltd. traded 0.24 per cent down at Rs 11230.7 on Wednesday at around 11:56AM (IST), while the benchmark BSE Sensex declined 390.87 points to 80293.58. As many as 590 shares changed hands on the counter with a total value of Rs 0.67 crore. The stock quoted a 52-week high price of Rs 11515.1 and a 52-week low of Rs 7631.1.

Subscribe to enjoy similar stories. The Indian stock market has been in a correction phase since September. Despite this, a few mid-cap and small-cap stocks have managed to shine, proving to be strong and reliable picks for investors and traders.

Federal Reserve officials on Wednesday will likely signal a slower pace of interest rate cuts next year compared with the past few months, which would mean that Americans might enjoy only slight relief from still-high borrowing costs for mortgages, aut...

The NSE Nifty fell 332.25 points, or 1.35%, to close at 24,336. The BSE Sensex declined 1,064.12 points, or 1.3%, to end at 80,684.45.

Online platform Ixigo reported an 80-100% year-on-year (YoY) increase in bookings to destinations such as Thailand, Vietnam, Bali, and London. Agoda supported this trend, noting a 53% surge in international accommodation searches. Cleartrip observed a 1.2x jump in international leisure travel, with Southeast Asia and the Middle East emerging as key regions. Emerging destinations are a highlight this year. MakeMyTrip recorded 248% growth in searches for Azerbaijan and 100% growth for Malaysia. Similarly, Cleartrip observed spikes in bookings for Manila (2.5x) and Tbilisi (1.7x), alongside strong growth for Bali (2.6x) and Phuket (2.3x).

Nirmala Sitharaman said, terming the growth deceleration in the three months through September to 5.4% as a «temporary blip.» Replying to a debate on the first batch of supplementary demands for grants in the Lok Sabha, the FM also ruled out any «generalised slowdown» in manufacturing, growth in which had slumped to 2.2% in the second quarter. The lower house later approved the first batch of supplementary demand for grants for FY25, involving an additional net spending of ₹44,143 crore.

MSNBC anchor named Ayman Mohyeldin recently highlighted a ‘striking pattern’ among the cabinet picks of US President- elect Donald Trump for his upcoming second term while eminently noting that many of these nominees are those specific individuals who have experienced significant electoral defeats previously, reported Huffpost. According to Huffpost, among them are former US Presidential candidates Marco Rubio, Tulsi Gabbard and Robert F. Kennedy Jr., whom Donald Trump has nominated for key positions such as Secretary of State and Director of National Intelligence. Ayman Mohyeldin has also pointed out that Donald Trump is not only selecting those who have lost US Presidential races but also individuals who have failed in important Republican contests which includes Mehmet Oz and Lori Chavez-DeRemer. Also Read: Why Donald Trump can run again in 2028 US Presidential elections; Steve Bannon has this to say

alternative investment funds can play a crucial role in helping the economy meet the challenge of job creation. The career bureaucrat who served as the Sebi chairman for six years said there are other challenges confronting the economy as well, but singled out jobs as a critical function where AIFs can be of help. «Going by many of the macro data that we have, there are problems in our economy today, for example on employment generation,» Sinha said while addressing a CII event on AIFs here.

Markets regulator Sebi has amended norms governing investment advisers (IAs) and research analysts (RAs) to facilitate ease of doing business by providing relaxation in eligibility criteria for registration and simplifying the compliance requirements. In two separate notifications, Sebi said the minimum qualification requirement has been reduced to a graduate degree in specified fields and net-worth requirement has been replaced with the requirement of deposits. Further, it has introduced «part-time investment advisor» and «part-time research analyst» and the definition of investment advice/research service has been tweaked to exclude trading calls.

Nifty finally closed at the lows. A long bear candle was formed on Nifty’s daily chart on Tuesday, which has almost erased the gains made on Friday. Technically this market action is indicating a lack of strength to sustain the upside bounce.

Portfolio Investors (FPIs) from issuing offshore derivative instruments (ODIs) with derivatives as underlying or use derivatives to hedge their ODIs in India. «A Foreign Portfolio Investor shall not issue ODIs with derivatives as reference/underlying. A Foreign Portfolio Investor shall not hedge their ODIs with derivative positions on Stock Exchanges in India. Accordingly, ODIs shall only have securities (other than derivatives) as underlying and shall be fully hedged with the same securities on a one-to-one basis, throughout the tenure of the ODI,” a Sebi circular issued on Tuesday said.

The U.S. Census Bureau is changing how it counts international migration in its annual population estimates

bank capped losses. The rupee hit a low of 84.93 against the U.S. dollar, before closing at 84.8950, down 0.04% on the day.

These high-performing stocks that rallied more than 10% during the session included, Sambhaav Media(13.05%), Jyoti CNC Automation(12.05%), Amal Ltd(11.71%), Enbee Trade Fin(11.63%), Duropack Ltd(11.49%), LGB Forge(10.89%), RGF Capital Markets(10.84%), EMS(10.57%), Gala Precision Engin(10.48%) and Mangalam Global Ent(10.19%).

HDFC Bank and ICICI Bank and declines in blue-chip stocks like Reliance Industries and Bharti Airtel weighed on the benchmarks. The benchmark BSE Sensex lost 1064.12 points or 1.30% to settle at 80,684.45, while the broader Nifty 50 index closed at 24,336.00, lower by 332.25 points or 1.35%.

Umang Dairies Ltd.(up 6.94%), Gopal Snacks Ltd.(up 5.69%), Nakoda Group Of Industries Ltd.(up 3.79%), LT Foods Ltd.(up 2.99%), Euro India Fresh Foods Ltd.(up 2.68%), Sheetal Cool Products Ltd.(up 0.75%), ADF Foods Ltd.(up 0.71%) and Varun Beverages Ltd.(up 0.38%) stood among the top gainers.