US Treasury shifts language, opening door to auction size changes
INDIA MARKET | Wed, 4 Nov 2026, 8:51PM IST
The US Treasury Department has updated its regulations regarding upcoming auction sizes for treasury securities. This revision hints at a potential increase in the issuance of short- and intermediate-term debt. They also flagged a likely decrease in demand for longer-term 20- and 30-year auctions. Future adjustments will rely on demand trends and financial requirements, with the Treasury planning to consult market participants for a thorough understanding of these changing factors.
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30m
Meta draws record orders for debut euro bond sale, Bloomberg News reports
INDIA MARKET | Wed, 4 Nov 2026, 8:50PM IST
Meta Platforms has successfully garnered an impressive 53 billion in investor interest for its inaugural euro bond issuance. With an ambition to raise 9 billion divided into six distinct parts, this move follows their recent $15 billion bond offering in the US market. Citigroup and Morgan Stanley are at the helm of this euro bond sale, with pricing anticipated shortly. As of September 30, Meta's total debt reached $83.67 billion.
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31m
Gold gains 3% as dollar slides after Democratic midterm gains
INDIA MARKET | Wed, 4 Nov 2026, 8:48PM IST
On Wednesday, gold prices surged by 3%, reaching impressive new levels following the midterm elections, during which Democrats secured control of both the Senate and House. This political transformation, combined with a weaker dollar, heightened gold and precious metals demand. Investors are keenly watching for the upcoming US non-farm payrolls report, as rising interest rates and ongoing fiscal risk concerns continue to influence market sentiment.
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33m
Govt gets $400 billion in renewable energy investment commitments: Joshi
INDIA NEWS | Wed, 4 Nov 2026, 8:48PM IST
Union Minister Pralhad Joshi said the government had secured $400 billion in long-term investment commitments and was targeting another 21 lakh crore in renewable energy investment by 2030
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33m
Prediction markets get Democratic win right, with a few surprises
INDIA MARKET | Wed, 4 Nov 2026, 8:47PM IST
Prediction markets provided insights during the US midterm elections, with $1.48 billion wagered on the outcomes. Democrats gained control of both the Senate and House of Representatives after delivering a rebuke to Donald Trump. Despite some accurate forecasts, notable surprises emerged, such as Annie Andrews' victory in South Carolina against expectations. Kalshi and Polymarket reflected varying probabilities, emphasizing the predictive capabilities of betting markets.
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34m
Suppliers charging vendors extra for UPI payments before MDR: ISB survey
INDIA MARKET | Wed, 4 Nov 2026, 8:46PM IST
An ISB survey finds that 10.4 per cent of vendors face additional charges from suppliers for UPI payments, even as the proposed MDR levy remains deferred until after Diwali
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35m
Indian bonds rally most since April as oil slides after US midterm verdict
INDIA MARKET | Wed, 4 Nov 2026, 8:45PM IST
Indian government bonds experienced a significant rally influenced by falling oil prices after the US midterm elections. The benchmark bond yield dropped notably, reflecting a three-day decline in yields. Brent crude oil prices decreased, easing inflation and fiscal pressures on India. The Reserve Bank of India anticipates inflation will peak this quarter, supporting future bond market performance.
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36m
Aptus Value Housing Finance Q2 profit rises 18% to Rs 267 cr
INDIA MARKET | Wed, 4 Nov 2026, 8:43PM IST
Aptus Value Housing Finance India achieved a remarkable net profit of Rs 267 crore in the second quarter, signifying strong financial growth. The total income surged to Rs 634 crore, up from Rs 554 crore the year prior. Additionally, interest income climbed to Rs 551 crore from Rs 472 crore.
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38m
Keystone Realtors Q2 profit jumps 10-fold to Rs 101 cr
INDIA MARKET | Wed, 4 Nov 2026, 8:42PM IST
Keystone Realtors has announced a ten-fold increase in consolidated net profit for the quarter ended September. The net profit rose to Rs 100.75 crore, attributed to significant profit share from joint ventures. Total income for the quarter, however, saw a decline from the previous year. The company's pre-sales reached record levels, reflecting strong demand for luxury housing projects.
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39m
Property giant Vonovia 'concerned' over Berlin left's housing plans
INDIA MARKET | Wed, 4 Nov 2026, 8:40PM IST
Europe's leading corporate landlord Vonovia said Wednesday it was "concerned" at plans by Berlin's possible incoming far-left led city administration to expropriate apartments to tackle the city's housing crisis. "Of course, we are concerned about plans to nationalise housing owned by private companies," Vonovia CEO Luka Mucic told reporters Wednesday during a conference call on the company's third-quarter results.
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41m
SpaceX and Tesla Stocks Tumble After Elon Musk-Backed Candidates Lose in Texas
GLOBAL NEWS | Wed, 4 Nov 2026, 8:39PM IST
The worlds richest person has antagonized Democrats, some of whom have signaled their intent to investigate him when they take control of Congress.
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41m
Dow surges 1,100 points as US stocks rally!
INDIA NEWS | Wed, 4 Nov 2026, 8:36PM IST
US stock market today: Dow Jones leads a 1,143-point rally, S&P 500 and Nasdaq rise - Wall Street opened higher on Wednesday, November 4, after Democrats won control of both the US House of Representatives and the Senate in the midterm elections. Investors appeared to welcome the prospect of a divided government, with the election result raising expectations that some of President Donald Trump's policies could face greater resistance in Congress.The Dow Jones Industrial Average climbed 1,143.06 points, or 2.21%, to 52,929.78. The S&P 500 gained 124.46 points, or 1.64%, to 7,693.38. The Nasdaq Composite advanced 526.47 points, or 2.08%, to 25,898.48, according to market data last updated at 9:50 a.m. ET.Why is the US stock market rallying today? Dow, S&P 500 and Nasdaq turn greenThe election result changed expectations about the policy environment in Washington. With Democrats controlling both chambers, the Trump administration could face greater difficulty passing parts of its economic agenda.Investors are particularly watching possible changes involving healthcare, tariffs, housing and energy policy. A divided government could also limit the chances of major policy changes being pushed through Congress without opposition.However, Wednesday's rally does not necessarily mean investors expect stronger economic growth. Markets often react to the possibility of changes in government policy, even when the longer-term economic impact remains uncertain.Historical trends also suggest that midterm elections can influence markets in the short term without necessarily changing their longer-term direction.Amazon, Walmart and Bank of America lead gainsSeveral companies outside the technology sector benefited from Wednesday's buying.Amazon shares rose 6.97% to $268.17, while Walmart gained 1.3%. Bank of America advanced 2.6% as investors looked beyond technology stocks for opportunities.Healthcare companies also attracted strong interest. Molina Healthcare and Centene each gained around 6%, while HCA Healthcare shares climbed 7%.The gains followed expectations that a Democratic-controlled Congress could influence healthcare policy and increase scrutiny of some Trump administration decisions.Solar stocks were among the biggest beneficiaries. The Invesco Solar ETF jumped 9%, suggesting investors were betting that renewable energy companies could face a more favourable policy environment.Nvidia and other chip stocks struggle despite the broader rallyNvidia shares fell 1.73% to $203.11, while semiconductor stocks such as Micron also came under pressure. Intel declined 3.20% to $58.62.AMD shares also slipped slightly despite reporting better-than-expected third-quarter earnings. The company had reported strong growth in data centre revenue, but the results were not enough to support its shares during the session.One concern for chip and data centre companies is the possibility of tighter restrictions on new data centre construction.Investors are watching whether newly elected officials and local ballot measures could make it harder to build large computing facilities. Such restrictions could affect companies investing heavily in artificial intelligence infrastructure.The issue is particularly important in Texas, which accounts for a significant share of planned US data centre capacity.SpaceX falls while Amazon and Riot Platforms gainSpaceX-linked shares were also under pressure. The stock fell 4.92% to $134.35, according to the supplied market data.Elsewhere, Riot Platforms gained 9.56% to $15.36, while Cipher Digital fell 15.80% to $6.84.Amazon was among the strongest actively traded large companies, rising nearly 7%. Super Micro Computer added 2.52%, while TeraWulf slipped 1.04%.These movements show that Wednesday's rally was not uniform. Investors were adjusting their positions based on how individual businesses could be affected by potential policy changes.Gold rises 2.81% as oil prices also move higherThe rally in US equities came alongside gains in several commodity markets.Gold futures rose 2.81% to $4,038.20, while Brent crude oil climbed 3% to $100.49 a barrel. Copper gained 0.32% to $1,361.In currency markets, the euro advanced 0.57% against the US dollar to 1.1258. The British pound gained 0.53% to 1.3486.US government bond yields also remained an important part of the market picture. The 10-year Treasury yield stood at 4.913%, down 0.037 percentage points.Wednesday's calendar includes economic activity readings from S&P Global and the Institute for Supply Management. ADP's private-sector employment report will also provide information about hiring conditions.Corporate earnings remain another major focus. Reports from Arm Holdings, McDonald's, Qualcomm, Novo Nordisk and Uber are expected to offer fresh information about technology spending, consumer demand and business conditions.
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45m
William Nordhaus Dies; Nobel Winner Influenced Climate Policy
GLOBAL NEWS | Wed, 4 Nov 2026, 8:34PM IST
The Yale professor moved climate change into mainstream economic analysis.
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47m
Sunday PropTech acquires 89-room hotel in Kolkata, marks entry into city
INDIA MARKET | Wed, 4 Nov 2026, 8:33PM IST
Sunday PropTech Ltd marks a significant milestone with its inaugural acquisition of an 89-room hotel in Rajarhat. This venue will be included in its emerging mid-premium Clubhouse brand, bolstering its footprint in eastern India. Given its advantageous proximity to Netaji Subhas Chandra Bose International Airport, it appeals to business travelers. The company plans to revamp and reposition the hotel, while also identifying additional investment prospects in West Bengal.
Continue reading at Economic Times
48m
Manipal signs 30-year lease with Thakral for 500-bed Gurugram hospital
INDIA BUSINESS | Wed, 4 Nov 2026, 8:17PM IST
Manipal Health Enterprises will develop and operate a multi-specialty hospital on 3.5 acres in Gurugram under a 30-year lease, with the estimated investment pegged at 750 crore
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1h
Stocks Rise as Democrats Flip Control of Congress
GLOBAL NEWS | Wed, 4 Nov 2026, 8:12PM IST
Global markets fell as the first results came in, but later traded higher as investors assessed the outlook for policy as the balance of power shifted sharply in Washington.
Continue reading at The New York Times
1h
INDIA BUSINESS | Wed, 4 Nov 2026, 8:11PM IST
International airlines currently operating from Mumbai airport are given options to temporarily suspend operations or relocate. Discussions are ongoing with various international carriers regarding this transition. Indian airlines such as IndiGo and Air India have agreed to shift certain operations.
Continue reading at Economic Times
1h
INDIA MARKET | Wed, 4 Nov 2026, 8:11PM IST
US stocks opened higher on Wednesday as investors bet a divided Washington after the Democrats' midterm sweep could limit sharp policy shifts, though data center-related stocks were
Continue reading at Economic Times
1h
SIDBI raises 5,607 crore via five-year bonds at 8.17% coupon rate
INDIA BUSINESS | Wed, 4 Nov 2026, 8:10PM IST
SIDBI raised 5,607 crore through five-year bonds against a planned 6,000 crore issue, attracting bids worth over 13,300 crore amid a rally in the government bond market
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1h
New motor insurance rules: Insurers warn against opting out of key covers
INDIA BUSINESS | Wed, 4 Nov 2026, 8:06PM IST
Insurers say customer awareness will be crucial as Irdai's four-layer motor insurance framework takes effect on December 15, allowing policyholders greater flexibility in choosing covers.
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1h
HDFC Bank to offer deposits under Capital Gains Accounts Scheme
INDIA BUSINESS | Wed, 4 Nov 2026, 8:05PM IST
HDFC Bank has received government authorisation to offer deposits under the Capital Gains Accounts Scheme (CGAS), 1988. The facility will allow taxpayers to park unused capital gains in savings accounts or fixed deposits for up to three years while retaining eligibility for applicable tax exemptions and earning interest on their deposits.
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1h
New Samvat brings opportunities in mutual funds, equities and gold: Experts
INDIA MARKET | Wed, 4 Nov 2026, 8:01PM IST
Experts from different segments shared their views at Business Standard Hindi's special webinar, 'New Samvat, New Beginning: An Opportunity for Investors to Reset Their Portfolios'
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1h
Mahadev app's Ravi Uppal arrested in UAE
INDIA NEWS | Wed, 4 Nov 2026, 7:57PM IST
New Delhi, Ravi Uppal, co-promoter of the Mahadev online betting app, has been arrested in the UAE, and India is moving to extradite him, officials said on Wednesday.The development comes after a CBI team brought back Uppal's friend and another promoter of the Mahadev app, Saurabh Chandrakar, from Oman on November 1 after a court there allowed his extradition to India in a money laundering case being probed by the Enforcement Directorate.Authorities in Dubai arrested 46-year-old Uppal based on an Interpol Red Notice issued against him by Indian probe agencies, the officials told PTI.The CBI and the ED are working to extradite him to India, they said.Uppal was once detained by authorities in the UAE in 2023 but agencies later found that he was in Australia.Both Uppal and Chandrakar hail from Bhilai town in Durg district of Chhattisgarh.The agency said the Mahadev app, also called Mahadev Online Book (MOB), began operations in 2019-20. Its user base grew "sharply" during the COVID-19 pandemic in 2020 and continued to expand.The app, which runs through thousands of panels, allegedly generated proceeds of crime worth Rs 80,000 crore since 2019.
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1h
Nitin Gadkari flags Indian highways, expressways still lack perfect signage
INDIA BUSINESS | Wed, 4 Nov 2026, 7:57PM IST
Nitin Gadkari highlighted the need for better project preparation and accountability in urban road development initiatives. He expressed concern over the lack of proper signage on Indian highways and its role in accidents. Gadkari mentioned nearly 5 lakh road accidents each year, causing 1.8 lakh deaths in India. He proposed that urban planning requires integrated approaches among various transport agencies to optimize public resources.
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1h
Big Update For Teachers Eyeing Govt Jobs: NCTE Plans To Change Eligibility Tests Criteria
INDIA MARKET | Wed, 4 Nov 2026, 7:56PM IST
National Council for Teacher Education
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1h
Budget Wishlist: FICCI Asks Finance Ministry To Restore LTCG Exemption On Listed Equities
INDIA MARKET | Wed, 4 Nov 2026, 7:54PM IST
In its recommendations, FICCI has mainly sought the restoration of the LTCG exemption on listed shares, along with a predictable capital gains tax framework for the next decade. The demand comes as businesses seek greater certainty over tax treatment and long-term investment decisions.
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1h
Biocon forecasts stronger second half of FY27 with multiple growth drivers despite Q2 profit decline
INDIA BUSINESS | Wed, 4 Nov 2026, 7:51PM IST
Biocon anticipates a robust second half of FY27, supported by several key product launches and increasing insulin sales. The company noted a 52% decline in consolidated net profit, attributed to delayed shipments affecting quarterly revenue. Ustekinumab and Aflibercept biosimilars are projected to boost sales in the US market significantly. Additionally, the launch of Pertuzumab in Europe and Brazil is expected to generate substantial revenue.
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1h
Bond yields fall 11 bps, rupee gains as oil prices slide after US midterms
INDIA MARKET | Wed, 4 Nov 2026, 7:44PM IST
The benchmark 10-year government bond yield fell nearly 11 basis points, its sharpest decline in seven months, while the rupee gained for a fourth session amid falling oil prices
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1h
Dow's 800-Point Whiplash Shows Sitting On Cash May Cost Investors Their Best Days. Here's Why
INDIA MARKET | Wed, 4 Nov 2026, 7:40PM IST
Arora highlighted that investors exit stocks, while expecting to buy them at a lower price when election period or global events end, while markets like to re-price instantly in line with the current developments.
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1h
Dr Lal PathLabs Q2 net profit rises 27.5% to 194 cr on volume growth
INDIA BUSINESS | Wed, 4 Nov 2026, 7:40PM IST
Dr Lal PathLabs reported a 19.6 per cent rise in Q2FY27 revenue to 874 crore as sample volumes grew 13.6 per cent and patient coverage increased 9 per cent
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1h
NCERT adds personal finance, entrepreneurship chapters to Class 9 textbook
INDIA MARKET | Wed, 4 Nov 2026, 7:38PM IST
The new Class 9 Social Science textbook covers mutual funds, income tax, EMIs, budgeting and business planning, aiming to equip students with practical financial and entrepreneurial skills
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1h
US trade deficit contracts slightly in Sept
INDIA NEWS | Wed, 4 Nov 2026, 7:37PM IST
Washington: The US trade deficit contracted slightly in September, government data showed on Wednesday, hovering close to its widest since March 2025, driven by capital and consumer goods imports and strong exports.The trade gap in the world's largest economy decreased by 0.6 percent to $105.0 billion, according to Commerce Department data.Track US Senate Elections Result 2026 Live Updates hereThis was below the $107.7 billion projected in a consensus forecast released on Marketwatch.US trade flows have swung significantly since President Donald Trump returned to the White House in January 2025, as businesses rushed to get ahead of his sweeping and fast changing tariffs on trading partners.In September, US imports rose by 1.2 percent to $426.6 billion, driven by computers and their accessories. Crude oil imports decreased by $1.3 billion.US exports climbed by 1.8 percent to $321.5 billion, with oil, food and overall capital goods contributing to the increase.
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1h
Dabur elevates Herjit Bhalla to board as Mohit Malhotra steps down as CEO
INDIA BUSINESS | Wed, 4 Nov 2026, 7:29PM IST
Herjit Bhalla will join Dabur India's board as whole-time director from November 14, while Mohit Malhotra steps down as global CEO after more than three decades with the company
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1h
Americas Trade Deficit Remained Elevated in September
GLOBAL NEWS | Wed, 4 Nov 2026, 7:27PM IST
The gap between U.S. exports and imports, which remained at a relatively high level in September, has defied efforts by President Trump to decrease it with tariffs.
Continue reading at The New York Times
1h
Bangladesh's Garment Wage Hike Could Hand India An Opening It Waited Years For
INDIA MARKET | Wed, 4 Nov 2026, 7:24PM IST
Bangladesh's garment industry has traditionally benefited from relatively low labour costs.
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1h
Crypto exchange hacks: How to stay safe and protect your investments
INDIA BUSINESS | Wed, 4 Nov 2026, 7:23PM IST
Crypto exchange hacks highlight risks to investors, who should check platforms' security, insurance and reimbursement policies and keep long-term holdings in personal wallets.
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1h
INDIA MARKET | Wed, 4 Nov 2026, 7:20PM IST
Delhi company gifts iPhone 16 to employees for Diwali, video goes viral.
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2h
BSE Q2 Results: Profit Dips Sequentially. A 24% Fall In Derivatives Premium Turnover To Be Blamed?
INDIA MARKET | Wed, 4 Nov 2026, 7:15PM IST
BSE reported a sequential profit decline as equity derivatives premium turnover fell 24% in Q2.
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2h
Biocon Q2 profit halves to 41 crore as delayed shipments weigh on margins
INDIA BUSINESS | Wed, 4 Nov 2026, 7:13PM IST
Biocon's Q2FY27 net profit fell 52 per cent to 41 crore as delayed shipments worth $20 million hit margins, while revenue rose 2 per cent to 4,389 crore.
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2h
Fractal Analytics bets on large AI deals, partnerships to drive growth
INDIA BUSINESS | Wed, 4 Nov 2026, 7:08PM IST
Fractal Analytics expects larger AI contracts, partnerships and acquisitions to accelerate growth after posting its first $100 million revenue quarter in Q2FY27.
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2h
INDIA MARKET | Wed, 4 Nov 2026, 7:07PM IST
The song is from Shah Rukh Khan's upcoming movie 'King'.
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2h
Ather Energy among 15 stocks that hit 52-week highs and rallied up to 30% in a month
INDIA MARKET | Wed, 4 Nov 2026, 7:07PM IST
The Sensex gained 384 points to close at 77,301, while 15 BSE 500 stocks touched fresh 52-week highs. Ather Energy, PVR Inox, Marico and Indian Hotels featured among notable gainers, reflecting broad market momentum.
Continue reading at Economic Times
2h
Sebi cancels registrations of 8 investment advisers for non-payment of renewal fees
INDIA MARKET | Wed, 4 Nov 2026, 7:06PM IST
Sebi has announced relaxed KYC requirements for Non-Resident Indians, Overseas Citizens of India, and foreign nationals. These changes will allow them to complete digital onboarding from FATF-compliant countries effectively. Intermediaries can accept KYC submissions without requiring physical presence in India. Video In-Person Verification is now permitted where in-person verification isn't feasible, enhancing compliance capabilities. The revised framework, effective from December 3, is aimed at simplifying the entire onboarding process.
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2h
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