The official YouTube channel of the Supreme Court of India has been hacked, featuring videos promoting XRP cryptocurrency. This incident coincides with crucial hearings scheduled for Friday, including a PIL on judge appointments and cases involving SpiceJet and the Krishna Janmabhoomi-Shahi Idgah dispute. Earlier court hearing videos have also been made private by the hackers.

The city has become a hothouse for experimentation in local news. Could it serve as a model for the rest of the country?

Nvidia bulls have come back with a vengeance, as they have propelled the semiconductor maker and lead artificial-intelligence play’s stock to its best weekly performance in over a year.

Overall, investor wealth increased by ₹7.3 trillion, per exchange data, on fresh buying and short covering (closing out bearish derivatives bets).

Balmuccino sued Starbucks for allegedly stealing its coffee-flavored lip balm concept, seeking damages. The case, originally filed in Los Angeles, was refiled in New York after procedural dismissals.

Shareholders approved the merger of Digital World Acquisition Corp. with Trump Media & Technology Group, paving the way for Truth Social to trade on Nasdaq. Trump could receive over $3 billion if the merger goes through, but faces a six-month lock-up period before cashing out.

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Business and Politics Live Updates: The United States will promise about 10 billion cubic metres of liquefied natural gas (LNG) to Britain, the newspaper said, adding that the deal which is in final stage is expected in about a week or two.

Domestic equities could open on a negative note tracking global cues as Fed Chairmain Jerome Powell soured the mood by saying it was "very premature" to think about pausing and that the peak for rates would likely be higher than previously expected.Here's breaking down the pre-market actions:STATE OF THE MARKETSSGX Nifty signals a negative startNifty futures on the Singapore Exchange traded 147.5 points, or 0.81 per cent, lower at 18,015, signaling that Dalal Street was headed for a negative start on Thursday.Tech View: The physiologically-important level of 18000 is a make-or-break level for the Nifty 50. If the index sustains above this level, then it could move towards 18200 level.India VIX: The risk-off mood ahead of the US Fed’s meet outcome saw investors book profits, and this pushed the ‘fear gauge’ higher in trade on Wednesday. The volatility index ended 3.3% higher at 16.6625 points. Asian stocks slideAsian share markets slid on Thursday after the U.S. Federal Reserve laid the groundwork for a protracted tightening campaign that torpedoed market hopes for a pause, sank bonds and lifted the dollar. MSCI's broadest index of Asia-Pacific shares outside Japan shed 0.9%, with South Korea down 1.5%.Futures on the S&P 500 fell 0.3% as of 9:06 a.m. Tokyo time. The S&P 500 fell 2.5%Nasdaq 100 futures fell 0.3%. The Nasdaq 100 fell 3.4%Australia’s S&P/ASX 200 index fell 2.3%South Korea’s Kospi fell 1.4%US stocks fallU.S. stocks ended sharply lower on Wednesday, as comments from Fed Chair Jerome Powell shattered initial optimism over a Fed policy statement that raised interest rates by 75 basis points but signaled that smaller rate hikes may be on the horizon.Dow down 1.55% S&P 500 dips 2.50% Nasdaq slips 3.36%Oil slips Oil futures fell early on Thursday as the dollar firmed on the Federal Reserve's hawkish stance, but concerns over looming supply risks kept a floor under prices. Brent crude shed 44 cents, or 0.5%, to $95.72 a barrel at 0146 GMT, while U.S. West Texas Intermediate (WTI) crude futures retreated 59 cents, or 0.7%, to $89.41.Dollar gains The dollar was on the front foot on Thursday after Federal Reserve Chair Jerome Powell signalled U.S. rates would likely rise further than expected, disappointing traders' hopes for a change in tone, and shifting the focus to Friday's jobs data.FII/DII actionForeign portfolio investors (FPIs) net bought stocks worth Rs 1,436 crore on Wednesday, provisional data showed. DIIs net sold shares to the tune of Rs 1,378 crore. Stocks in F&O ban todayLIC Housing Finance and Punjab National Bank. Securities in the ban period under the F&O segment include companies in which the security has crossed 95% of the market-wide position limit. Rupee: The Indian unit fell in trade on Wednesday, as investors parked money in haven asset dollar ahead of the US Fed meet outcome. Rupee settled at 82.7800 against 82.6950 on Tuesday.Earnings Thursday79 companies are scheduled to report earnings for the quarter ended September. Adani Enterprises, Hero MotoCorp, Housing Development Finance Corp, Hindustan Petroleum Corp, and Vodafone Idea are among the major ones. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

Stock Market News: Trends in the SGX Nifty indicate a gap-down opening for the broader index in India with a loss of 143 points on Thursday on the back of tepid global cues following sharp 75-bps rate hike by the US Fed and a spate of profit-booking back home

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Mumbai: India's central bank is beginning to add to its stockpile of foreign exchange assets yet again after valuation changes and periodic market interventions caused the reserves to shrink about $100 billion from record highs late last year.Renewed stock purchases by overseas funds and buy-sell swap trades are among a raft of factors that helped India's forex kitty climb at the fastest pace in nearly 14 months."A combination of reasons is behind the latest rise in forex reserves that came after a long time," said Bhaskar Panda, executive vice president, HDFC Bank. "Whenever there were corporate/investor inflows, the central bank seems to have taken an opportunity to buy dollars. Moreover, buy-sell swaps coupled with a rise in valuations added to the move."To be sure, market participants believe the Reserve Bank of India (RBI) is unlikely to let the rupee appreciate much amid rising foreign fund inflows. India's prospects as a destination for global money are brightening as investors such as Tiger Global are reportedly pulling out of China.95367385India's forex reserves climbed $6 billion to $531.08 billion as on October 28.Internal estimates by two large banks with significant foreign exchange exposure suggest that buy-sell swaps and dollar purchases around the 82 mark contributed about 50% to the increase in reserves. The rest could be due to valuation gains due to a falling dollar index.The RBI did not immediately comment on the matter.In the last week of October, the central bank is said to have intervened in the currency markets as the local unit gained over a percentage point in just about a week's time - to 81.92 from 82.80 on October 24.During the same period, the dollar index that measures the unit against other major currencies fell more than 1.5%. This essentially raised the valuation of all non-dollar investments - such as those in euro, yen or yuan.Moreover, the RBI has likely conducted buy-sell currency swap trades to neutralise the liquidity impact of conventional spot-market interventions through dollar sales. It helped the local unit to stabilise itself against the US dollar while simultaneously ensuring adequate rupee availability to boost economic growth. Such a mechanism also aids replenishing forex reserves."A large part of the increase would be due to buy-sell swaps. The RBI seems to have conducted it to manage forex reserves and neutralize liquidity," said Ashhish Vaidya, managing director at DBS Bank.Buy-sell swap trades have ensured that systemic rupee liquidity, which would otherwise have shrunk as a fallout of spot-market dollar selling, remains adequate through the festive period. Global agencies have forecast that India will likely be the fastest-expanding major economy through next year when the US, the Eurozone and China will either be battling recessions or seeing modest growth.The rupee was a tad higher Monday, closing at 81.93 a dollar. Foreign portfolio investors turned net buyers of local securities in November with a net of $1.5 billion versus $376 million net sold in the preceding month.India's foreign exchange reserves, at a record high of $642 billion on October 29, 2021, have been sliding amid central bank efforts to moderate the pace of the rupee's losses against the greenback.This calendar year, the rupee has lost 9.25%, ranking as the seventh best performing currency among emerging market peers, showed Bloomberg data.

The Nifty rose by 85.65 points to end at 18,202.80 points. SBI topped the gainers' chart, jumping 3.4% after the bank on Saturday posted its highest-ever quarterly profit at ₹13,265 crore, up 74% year-on-year, for the September quarter, buoyed by robust loan sales, higher interest income and lower provisions.

Mumbai: Analysts at brokerages raised their price targets on State Bank of India over the weekend, enthused by its second quarter earnings that beat the Street estimates, sending the stock to its highest level ever on Monday.Shares of the country's largest lender advanced nearly 5% to its all-time high of ₹622.70 on the NSE before closing the day at ₹613.80. Analysts, on aggregate, expect the stock price to touch ₹725 levels, which represents a further upside of 18% from the current levels, showed a survey of Bloomberg analysts tracking the stock.Of the 39 analysts that reviewed their ratings on SBI after the second quarter earnings, 37 retained their positive outlook. Two of them remain neutral. The stock also features among the top picks for many brokerages.95367420Morgan Stanley raised its price target and expects the price to hit ₹715 per share (₹675 earlier). Credit Suisse sees the stock hitting 680 over the course of 12 months, while HSBC has set a new target of ₹710.Goldman Sachs also revised its target upwards to ₹770 while Jefferies sees the stock touching ₹760 over the course of 12 months.More than 5 crore shares exchanged hands on the BSE and NSE compared with a combined average daily volume of 1 crore shares on both the exchanges for the last one month.It was the second best performing stock in the Bank Nifty, behind Bank of Baroda which also announced stellar earnings over the weekend, taking the gauge of banking stocks to more than 1%.SBI, led by Dinesh Khara, posted its highest-ever quarterly profit of Rs 13,264.62 crore, up 74% from the same period a year ago. Since Khara took over as chairman in October 2020, SBI shares have rallied 222% amid growing investor appetite for public sector companies.Spark Capital remains the most optimistic and expects SBI to hit Rs 821, while ICICI Securities - Institutional Equities expects the stock to touch Rs 805 from Rs 673 earlier.

CLSA raised the target price to ₹185 (earlier ₹155) while Morgan Stanley, Citi, and Macquarie set new price targets after making upward revisions in their current year and next year earnings estimates. Investec and JP Morgan also raised the target price to ₹200.

The Indian stock market will be closed on Tuesday on the account of Guru Nanak Jayanti

Digital World Acquisition Corp surged 66% after former U.S. President Donald Trump hinted at another White House bid. The blank-check firm has agreed to take social-media startup Trump Media & Technology Group Corp public.

Social media platform tries to reassure advertisers amid concerns about the direction its new owner will take

The poll was conducted ahead of reports from the American Petroleum Institute due at 4:30 p.m. ET (2130 GMT) on Tuesday, and the Energy Information Administration due at 10:30 a.m. (1530 GMT) on Wednesday.

Gold prices were listless on Tuesday as investors held to the sidelines ahead of key U.S. inflation figures, which are likely to influence the Federal Reserve's rate-hike narrative.

The new Sebi rule may increase brokerage cost with the watchdog making sure funds are not misused by the broker

Divam Sharma of Green Portfolio says since the June lows, the markets have seen a sustainable recovery, and given the domestic demand and insignificant recession risk for India, we do not see the market breaking the June lows.