The U.S. dollar fell on Tuesday to its lowest level in more than two months against the British pound and the euro, and to a ten-month low against the Australian dollar, as investors increased bets on an expected Federal Reserve rate cut this week. The dollar index which measures the performance of the greenback against a basket of six major...

The British pound rose in European trading on Tuesday against a basket of global currencies, extending gains for the second consecutive session versus the U.S. dollar and hitting its highest level in ten weeks. The move was supported by ongoing selling of the U.S. currency in the foreign exchange market. The Bank of England meets on Thursday to discuss appropriate...

Federal Reserve officials meet on Tuesday and Wednesday in a pivotal meeting under unprecedented circumstances. It is expected that monetary policymakers, at the conclusion of their two-day meeting on Wednesday, will announce the first interest rate cut since December, in an attempt to support the slowing U.S. labor market, with hopes that the broad tariffs imposed by President Donald Trump...

The Japanese yen rose in Asian markets on Tuesday against a basket of major and minor currencies, extending gains for the second consecutive day versus the U.S. dollar and reaching its highest level in a week. The yen was supported by ongoing selling of the U.S. currency as Donald Trump continued to pressure the Federal Reserve for deeper interest rate...

01:34 PM EDT, 07/31/2024 (MT Newswires) -- Tech stocks were gaining Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 3.6% and the SPDR S&P Semiconductor ETF (XSD) up 3.4%. The Philadelphia Semiconductor index climbed 5.5%. In corporate news, Microsoft ( MSFT ) late Tuesday reported stronger-than-expected fiscal Q4 results, but its cloud revenue missed Wall Street's estimates....

01:33 PM EDT, 07/31/2024 (MT Newswires) -- Energy stocks rose Wednesday afternoon with the NYSE Energy Sector Index gaining 1% and the Energy Select Sector SPDR Fund (XLE) up 0.4%. The Philadelphia Oil Service Sector index climbed 1.4%, and the Dow Jones US Utilities index was little changed. US crude oil stocks, including those in the Strategic Petroleum Reserve, fell...

U.S. CRUDE FUTURES EXTEND GAINS, RISE OVER $3 TO 77.73 A BARREL ...

12:33 PM EDT, 07/31/2024 (MT Newswires) -- US equity indexes jumped amid broad-based sector gains as government bond yields slumped in anticipation of September rate-cut clues in the Federal Reserve's July policy statement and after Microsoft ( MSFT ) pared overnight share-price declines. The Nasdaq surged 2.6% to 17,585.6, with the S&P 500 up 1.7% to 5,526.5 and the Dow...

The initiative, conducted in collaboration with IIT Bombay and the Department of Consumer Affairs (DoCA), aims to assess the application of large language models (LLM) in enhancing the efficiency of India's consumer grievance redressal system.

Over two decades, Google said that it has employed machine learning and AI to enhance products, focusing on language translations, flood forecasts, and agricultural productivity in India.

According to Google, the use of artificial intelligence (AI) by developers to build and offer enhanced user experiences emerged as one of the top innovation trends in apps and games. Several of the local developers on the list have even integrated AI into their offerings.

TikTok, owned by China's ByteDance, has 125 million active monthly users in Indonesia, a country of more than 270 million people. It has been looking to translate the large user base into a major e-commerce revenue source.

Rajasthan Election Exit Poll Results 2023: The exit poll results will be announced on Thursday, November 30, at 6.30 pm after voting in Telangana gets over. Rajasthan is known for its anti-incumbency, with the state swinging between the BJP and Congress in the past elections.

A senior leader who attended the meeting said Venugopal asked state leaders to support state Congress chief Ashok Chavan and warned that party president Rahul Gandhi will not tolerate any indiscipline.

The Madhya Pradesh Assembly election exit poll results will be streamed live on all News18 network channels, including CNBCTV18, after 6.30PM on Thursday, November 30.

The Karnataka Assembly election results threw up an unexpected suspense on Tuesday, as a simple majority tantalisingly eluded BJP and...

From the m-cap of BSE-listed companies crossing the $4 Tn mark to the most memorable quotes by Charlie Munger,  here's a rundown of 11 significant news stories to keep you in the know:

Born in 1924, Munger would have turned 100 on New Year's day.

The Australia-India Economic Cooperation and Trade Agreement (AI-ECTA) entered into force on December 29, 2022. Since the agreement, it has already seen a reduction in tariff on Australian wine bottles costing over $5 per bottle. The tariff was as high as 150%. In next eight years, the tariff will decline further.

Shares of Aster DM Healthcare Ltd ended at ₹332.65, down by ₹4.75, or 1.41%, on the BSE. Founded in 1987 from a single clinic in Dubai, Aster DM has a strong presence across primary, secondary, tertiary, and quaternary healthcare and runs 33 hospitals, 127 clinics, 527 pharmacies, and 229 labs and patient experience centres in six Gulf countries and India.

The crypto market is experiencing one of its longest, most bitter winters in recent history. It has caused a massive...

Bitcoin prices have typically rallied in the past following halvings. Six months after the first halving in 2012, the price jumped to $126 from $12. After the second halving in 2016, it went to $1,000 from $654 within seven months and in 2020 it shot up to $18,040 from $8,570 in the same time period.

Negotiations between the Justice Department and Binance include the possibility that its founder Changpeng Zhao would face criminal charges in the US under an agreement to resolve the probe into alleged money laundering, bank fraud and sanctions violations, according to the Bloomberg.

A spot crypto ETF would track the market price of the underlying crypto asset, giving investors exposure to the token without having to buy the currency. The SEC has previously denied all spot bitcoin ETF applications citing potential for fraud, but that could soon change after it lost a legal battle in August.