Officials voted unanimously to lower the federal funds rate to a range of 4.5% to 4.75%. The adjustment follows a larger, half-point cut in September

Jerome Powell, US Fed Chair

BSE Sensex dropped by 1.19 per cent or 958.79 points to 79,419.34, before settling at 79,541.79. Similarly, the NSE Nifty50 tanked 1.24 per cent or 305 points to 24,179.05, before ending at 24,199.35

Market, BSE, NSE, NIfty, Stock Market, investment

T V Narendran tells that in many ways second quarter of FY25 was the worst, but Q3 also comes with challenges

CEO&MD Tata Steel

Election Day countdown: With Donald Trump and Kamala Harris running neck and neck ahead of Tuesday's election, here is a guide to how the balloting process works in the US

Donald Trump Kamala Harris, US President, US Presidential elections, Trump vs Harris

California voters will decide on 10 ballot measures including one that would turn some nonviolent crimes, like shoplifting, into felonies again, and another that would make the state's minimum wage the highest in the nation.
Here's a look at some of the most consequential propositions being put before voters:
Proposition 36
This would make shoplifting a felony for repeat offenders and increase penalties for some drug charges, including those involving the synthetic opioid fentanyl. It also would give judges the authority to order people with multiple drug charges to get treatment.
Proponents say the initiative is necessary to close loopholes that have made it challenging for law enforcement to punish shoplifters and drug dealers. The measure will also help the state address the homelessness and drug crises, they say.
Opponents, including Democratic state leaders and social justice groups, say it would disproportionately imprison poor people and those with substance use issues rath

US election

The Central government has issued a notice to Wikipedia, citing complaints of bias and inaccuracies. This follows a Delhi High Court ruling questioning the platform's editorial practices

Wikipedia

Five key course corrections for India to become an advanced country and set a better path for others

Lending, banks, credit, loans, cash, income, wage, earning

Three-day event to explore India's potential and pathways to achieve it

Views shared by (clockwise from top left) RBI Guv Shaktikanta Das, Irdai Chairperson Debasish Panda, RBI DG T Rabi Sankar, Sebi Whole-Time Member Ananth N Gopalakrishnan, and CEA V Anantha Nageswaran will be in focus during the 3-day mega summit

Australia's foreign minister said Tuesday she raised allegations with her Indian counterpart that India has targeted Sikh activists in Canada.
Foreign Minister Penny Wong said she discussed the Canadian allegations with Indian Foreign Minister S. Jaishankar while he was in the Australian capital, Canberra.
India has denied Canada's allegation that Indian Home Minister Amit Shah ordered the targeting of Sikh activists inside Canada.
Wong said her message to the Sikh community was that people have a right to be safe and respected in Australia, regardless of who they are.
We've made clear our concerns about the allegations under investigation. We've said that we respect Canada's judicial process, Wong said at a news conference with Jaishankar.
We convey our views to India as you would expect us to do and we have a principled position in relation to matters such as the rule of law and the independence of the judiciary and also, frankly, the sovereignty of all countries, she ...

S Jaishankar, Jaishankar, Penny Wong, Penny, Wong

The Fed cut interest rate by 25 basis points on Thursday, as widely expected, amid a cooling labour market, while noting that economic growth remained solid

Bonds

Trent share price: Despite the  recent fall, Trent share price has outperformed market thus far in the calendar year 2024, by zooming 110 per cent as against 10 per cent gain in the benchmark index

Sales recovery, margin gains help Trent outperform peers in Sept quarter

Trent

Shares of packaging company Agi Greenpac surged 4.87 per cent at Rs 972.80 a piece on the BSE after the company reported its second quarter earnings for the financial year 2024-25 (Q2FY25)

share market stock market trading

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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India bond yields inch lower after Fed rate cut pulls down US Treasury

Trent hits 3-month low post Q2 results; share price down 25% in 1 month

Agi Greenpac stock gains 5% after Q2FY25 net profit surges 28% YoY

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Federal Reserve cuts key interest rate by 25 bps to support economy

Why Sensex fell 959 pts, Nifty 302 pts, after Trump's US election victory

At current steel prices, margins don't justify investments: Tata Steel CEO

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