Week Financial News

OTT platforms are continuously delivering fresh content, catering to various tastes, be it action, drama, romance, or mystery. This week's lineup of new releases on popular OTTs like Disney Plus Hotstar, Netflix, and Amazon Prime Video promises a little something for everyone. Here's a list of the most promising releases this week, from “Love at First Sight," "A Million Miles Away " to "Kaala," "Wilderness," and more.

By Lewis Krauskopf

Google antitrust trial will be a Verizon executive, who will likely face questions about agreements that the search and advertising giant reached with wireless carriers to be the default on their smartphones. The trial began Tuesday with talk of the «future of the internet» but quickly plunged into the weeds of commercial agreements with Android makers like Motorola and Samsung.

The rise of cryptocurrencies and artificial intelligence in recent years has fueled the growth of an intriguing tech hybrid – AI crypto projects.

Contract talks that could end Hollywood’s writers strike are set to resume next week

foreign exchange (forex) reserves fell to an 11-week low of $593.90 billion as of September 8 - a decrease of $5 billion from the previous week, Reserve Bank of India's (RBI) data showed on Friday, September 15. Forex reserves had risen by $4 billion in the week to September 1. In the previous reporting week, the kitty had jumped $4.039 billion to $598.897 billion.

Investing.com — Oil prices edged lower Friday, with traders taking profit from the hefty gains seen this week, largely on optimism that the vital Chinese economy is showing signs of improvement.

Investing.com — Oil prices edged lower Friday, with traders taking profit from the hefty gains seen this week, largely on optimism that the vital Chinese economy is showing signs of improvement.

The upcoming week will play a pivotal role in shaping the Federal Reserve's outlook for interest rates. In what is expected to be one of the most important Fed policy decisions of the year, the U.S. central bank is widely expected to pause its rate hiking campaign at the conclusion of its FOMC meeting on Wednesday at 2:00 PM ET.

Perfios, according to data from market intelligence firm Tracxn. Funding activity was up 26% in the September 11-15 week, from $264 million raised in the corresponding week last year. However, it was flat on a sequential basis, rising a miniscule 1%.

foreign exchange reserves decreased by $4.992 billion to $ 593.904 billion for the week ending September 8, the latest data by the Reserve Bank of India (RBI) showed on Friday. Previously, forex reserves were up by $4.039 billion to $598.897 billion for the week ended on September 1. According to the Weekly Statistical Supplement released by the RBI, Foreign currency assets (FCAs) dropped by $4.27 billion to $526.43 billion. Expressed in dollar terms, the FCAs include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves. Gold reserves dipped by $554 million to $44.38 billion, while SDRs were also down by $134 million to $18.06 billion. Reserve position in the IMF decreased by $39 million to $5.03 billion. It can be noted that in October 2021, the country's forex kitty had reached an all-time high of USD 645 billion.

Domestic benchmark index NSE Nifty ended 89.25 points up at 20192.35, while the BSE Sensex closed 319.63 points up at 67838.63. On the other hand, Dhanlaxmi Bank, Senco Gold, Satin Creditcare, Andrew Yule and HT Media stocks hit their fresh 52-week highs today. In the Nifty 50 index, Bajaj Auto, Bharti Airtel, M&M, Hero MotoCorp and Grasim Inds.

Benchmark NSE Nifty closed 89.25 points up at 20192.35 amid buying in frontline bluechip counters. However, stocks such as Penta Gold, Brookfield India Rea, Ratnaveer Precision, Dangee Dums and SS Infrastructure, touched their fresh 52-week lows. Overall, 31 shares ended in the green in Nifty50 index, while 19 closed in the red. In the Nifty 50 index, Bajaj Auto, Bharti Airtel, M&M, Hero MotoCorp and Grasim Inds.

HDFC Bank, TCS and Mahindra and Mahindra, as sentiment remained upbeat tracking positive global cues after recent data signalled China's economy could see a revival. “Fresh data showed Chinese gauges of retail sales and industrial output for August topped economists' expectations," reported Reuters. Besides, expectations are getting stronger that major central banks of the world will end their monetary tightening campaign considering the impact of hikes so far on the economy.

SANTIAGO DE COMPOSTELA (Reuters) — German Finance Minister Christian Lindner said at the informal EU finance ministers meeting on Friday that a decision is not expected this week on who will become European Investment Bank (EIB) president.

By Sudarshan Varadhan

By Bansari Mayur Kamdar

₹488 apiece on BSE, and touched intraday high of ₹522.20. According to Rajesh Bhosale - Equity Technical and Derivative Analyst, Angel One, Strides Pharma Science Limited share price has experienced a significant increase in both price and trading volume, breaking through a key resistance level at 490 with an Bullish gap, which suggests a up trend. It is possible that prices can continue to rise in the short term, with a potential resistance level at 560.

₹124.95 apiece on BSE. Lemon Tree shares touched intraday high of ₹125.50 apiece. At 11:00 IST, the stock was up by 1.06%, at ₹124.10 apiece.

Indian stock market: Only a few months ago, a significant portion of market participants exhibited caution towards IT stocks. Their apprehension stemmed from concerns about a potential economic slowdown in the Western markets, which represent a substantial customer base for Indian IT firms. This apprehension was primarily driven by the fear that such a downturn could significantly impact the revenue and profitability of domestic IT services companies.

Domestic benchmark index NSE Nifty gained 55.1 points to 20158.2, while the BSE Sensex traded 206.9 points up at 67725.9. On the other hand, Satin Creditcare, SRG Housing Fin, Restaurant Brands, GMR Power and Urban and Rane(Madras)stocks hit their fresh 52-week highs today. In the Nifty 50 index, Bajaj Auto, Hero MotoCorp, Coal India Ltd, HCL Tech and Tata Motors were among the top gainers on the NSE. Asian Paints, HUL, Britannia, BPCL and Titan Company were among the top losers.