In an announcement on Thursday, MSCI said it has added five stocks - BSE, Voltas, Alkem Laboratories, Kalyan Jewellers, and Oberoi Realty - to its Global Standard Index; while reducing the weights of Adani Green, RIL, ICICI Bank, Infosys, GMR Airports, and Adani Power.
Foreign investors renewed buying interest in the healthcare and power sectors, purchasing 2,321 crore and 1,168 crore in the second half of the month, after selling over 2,000 crore in both sectors in the first half of the month.
With just five days until its tentative planned opening, a south suburban casino is still awaiting final state approval before it can open its doors to the public. Wind Creek Hospitality officials said Thursday they still aim to open Monday, though that timeline is contingent on final approval from the Illinois Gaming Board. “We have to prove that we’re competent casino operators and, if we do, I think we’ll get the green light to open on a date that we want,” said Roger Kuehn, executive vice president and general manager of Wind Creek Chicago Southland. “And my preferred date is […]
The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trumps presidential election victory this week.
India's Competition Commission (CCI) proposed amendments to its penalty recovery regulations, aiming to streamline the process of collecting fines for violations of the Competition Act. The proposed changes include issuing formal demand notices with specified payment deadlines and addressing procedural issues to enhance regulatory compliance and efficiency.
Donald Trump celebrated his recent victory alongside his family and Elon Musk at Mar-a-Lago. Musk, who actively campaigned for Trump, was accompanied by his son, X A-Xii. During his victory speech, Trump lauded Musk's efforts and referred to him as a "star."
