Israel's Ministry of Defense has inked a $5.2 billion deal with Boeing to procure 25 advanced F-15IA fighter jets. This agreement, part of a larger U.S. aid package, includes an option for 25 more aircraft and deliveries are slated to commence in 2031. The acquisition aims to bolster Israel's air superiority amidst regional challenges.
Brookfield India Real Estate Trust on Thursday announced plans to raise up to Rs 3,500 crore through issue of units to institutional investors to reduce debt as well as to fund future growth, and reported a 40 per cent increase in its net operating income to Rs 485.8 crore for the second quarter of this fiscal.
Maharashtra Minister Dilip Walse Patil suggested that post-election political alliances in the state might be fluid. He emphasized that the number of seats each party wins in the November 20 assembly elections will be crucial in determining the formation of the next government.
The NSE Nifty index closed 284.71 points down at 24199.35
India's science and technology sector anticipates continued collaboration with the U.S. under Donald Trump's next administration. Existing partnerships in space exploration, quantum computing, and AI are expected to flourish, bolstered by initiatives like iCET and the India-US Global Challenges Institute.
Union minister Kiren Rijiju criticized the Congress party. He accused the party of spreading misinformation. Rijiju claimed Congress insulted the Constitution and Dr. Ambedkar. He said Congress used Muslims as a vote bank. Rijiju highlighted BJP's infrastructure development under PM Modi. He contrasted this with Congress-led governments' failures.
The Nifty Realty index closed 1.43 per cent at 996.55.
Tata Power acquired Paradeep Transmission Ltd for Rs 18.64 crore. The deal closed on November 6, 2024. Paradeep Transmission was established to boost transmission services in India. The company was responsible for the Eastern Region Expansion Scheme-XXXIV. This involved a new 190 km transmission line and a substation. The acquisition strengthens Tata Power's position in the Indian power sector.
India will soon have a new national counter-terrorism policy and strategy. Union Home Minister Amit Shah announced this at an anti-terrorism conference. The policy aims to enhance coordination between state and central agencies in combating terrorism. Shah emphasized the need for a unified approach, urging states to adopt model anti-terrorism squads and special task forces.
Investors remained cautious ahead of the US Federal Reserve’s interest rate decision, with ongoing foreign fund outflows and mixed global trends further impacting sentiment.
Hindalco, Trent, Shriram Finance, Grasim Inds. and Tech Mahindra were among the top losers on NSE in today's trade.
Real estate developer and film producer Anita Lallian, originally from India, purchased the former Los Angeles home of actor Matthew Perry. Lallian paid $8.55 million for the house. She performed a customary 'puja' ceremony at the home to honor Perry's memory. Lallian plans to keep some of the home's existing design elements, including a Batman logo in the pool.
9 reasons to start drinking okra hibiscus tea today
The Nifty IT index closed 0.68 per cent at 41752.40.
Founded in 2024 by Guha and Parikshit Deshmukh, Thesys helps product owners and designers simplify the process of creating AI agents. It provides tools for designing, visualising and prototyping AI applications, making it easier to plan and test these agents before building them. It is currently collaborating with 12 companies.
The 30-share BSE Sensex closed down 836.34 points at 79541.79
Donald Trump's potential trade policies and fiscal decisions could trigger a US-China trade war resurgence, causing market turmoil. US Treasury yields soared, affecting global markets. India faces capital outflows, weak corporate earnings, and growing challenges in sectors like MFI and FMCG.
Raja Krishnamoorthi, an Indian-American Congressman, believes that India-US relations will strengthen under the Trump administration. He emphasized the bipartisan support for this relationship. Krishnamoorthi stated that Indian-Americans play a crucial role in connecting the two nations.
The 30-share BSE Sensex closed down 836.34 points at 79541.79
Equatorial Guinea took strict action against government officials engaging in inappropriate activities during work hours. Leaked videos on social media revealed a senior finance ministry official involved in such acts. The government is installing security cameras in all offices and increasing security measures. Officials involved in the videos will face suspension.
Mark Mobius, a veteran emerging markets investor, believes that Donald Trump's policies, including tariffs and deregulation, will ultimately boost global growth, particularly in countries like India. He argues that companies will adapt to tariffs, and deregulation will have a more significant positive impact. Mobius also highlights India's potential to become a major player in high-tech manufacturing and innovation.
Avalon Technologies, Gala Precision Engin, JSW Holdings, DCM Shriram and KRN Heat Exchanger, hit their fresh 52-week highs during the day.
Meta said that it would make its AI models, called Llama, available to federal agencies and that it was working with defense contractors such as Lockheed Martin and Booz Allen as well as defense-focused tech companies including Palantir and Anduril.
Changi Airport in Singapore has announced a S$3 billion investment plan to enhance its services over the next six years. The upgrades will focus on areas like baggage handling and check-in procedures at Terminals 1 through 4. To fund these improvements, the airport will gradually increase charges, including passenger fees, starting in 2025.
Maharashtra police filed a case against online platforms selling T-shirts glorifying gangsters. E-commerce platforms like Flipkart, AliExpress, TeeShopper, and Etsy were found selling these T-shirts. The T-shirts featured images of gangsters Lawrence Bishnoi and Dawood Ibrahim. Police considered the T-shirts harmful as they promote criminal lifestyles.
