US stocks see modest gains as investors await key economic data

November 13, 2024 7:49 PM

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US stocks see modest gains as investors await key economic data

US stocks were muted yesterday as investors were awaiting the key economic data such as inflation and retail sales due later in the week. The Dow Jones Industrial Average rose 0.24 per cent, the S&P 500 gained 0.1 per cent and the Nasdaq Composite gained 0.05 per cent.

US President-elect Trump appoints Musk, Ramaswamy to lead DOGE

November 13, 2024 7:47 PM

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US President-elect Trump appoints Musk, Ramaswamy to lead DOGE

US President-elect Donald Trump has begun filling key positions in his incoming cabinet and adding new roles to his administration since he won the race to the White House. These team members are expected to have a direct impact on implementing the US President-elect’s policies in his second term. T...

West Bengal by-elections conclude, reports more than 60% voter turnout till 5 PM

November 13, 2024 8:00 PM

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West Bengal by-elections conclude, reports more than 60% voter turnout till 5 PM

In West Bengal, voting in the by-election to the six assembly constituencies ended peacefully. Some incidents of violence and intimidation have been reported in certain areas. The Election Commission has called for a report on the incidents. More than 60 per cent voter turnout has been recorded till...

Mines Ministry signs MoU with IEA for cooperation on critical minerals

November 13, 2024 6:35 PM

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Mines Ministry signs MoU with IEA for cooperation on critical minerals

The Ministry of Mines today signed an agreement with the International Energy Agency (IEA) on cooperation in the area of critical minerals. This collaboration will provide India with access to reliable data, analysis, and policy recommendations in the critical minerals sector, enhancing the country’...

Mixed trading across major Asian, European indices

November 13, 2024 6:12 PM

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Mixed trading across major Asian, European indices

Major Asian indices saw mixed trading today. South Korea's Kospi dropped over two and a half per cent, Japan's Nikkei was 1.69 per cent down and Hong Kong's Hang Seng fell 0.24 per cent. Meanwhile, China's Shanghai Composite Index gained 0.5 percent and Singapore's Straits Times index added 0.24 per...

Nifty, Sensex extend slump for 5th consecutive day

November 13, 2024 6:02 PM

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Nifty, Sensex extend slump for 5th consecutive day

Domestic Benchmark indices Nifty and Sensex deepened their slump today, marking their fifth consecutive day of loss. Both indices recorded their steepest drops in five months in early trade, with a broad-based sectoral sell-off amplifying the slide. At close, Sensex was down 984 points or 1.25 per c...