US futures experienced a decline in pre-market trading as investors prepared for speeches from several Federal Reserve officials. The S&P 500 futures fell by 0.12%, settling at 5,793.25, while the Dow Jones Industrial Average futures decreased by 0.10% to 42,331.00. The Nasdaq 100 futures also dipped by 0.19%, reaching 20,260.75 by 3:30 p.m. IST. Key economic events for October 9 and 10 include remarks from various Federal Reserve presidents and the highly anticipated release of

India's benchmark equity indices, the Nifty 50 and the Sensex, snapped their six-session losing streak on Tuesday, posting gains despite a downturn in most global markets. This rally was primarily driven by heavyweight stocks, including HDFC Bank Ltd., Infosys Ltd., and Reliance Industries Ltd., as investors await the outcome of the upcoming monetary policy committee meeting set for Wednesday. The Nifty 50 index closed up by 0.88%, or 217.40 points, ending the day at 25,013.15,

The 2024 Fairwork India Ratings have revealed a concerning trend for major ride-hailing platforms Uber and Ola, as well as logistics startup Porter, which continue to lag at the bottom of the index designed to assess the fairness with which companies treat their gig workers. In stark contrast, Tata-owned BigBasket, Zomato, Swiggy, and Urban Company topped the ratings, mirroring last year's results. This year's study evaluated 11 platforms, including Amazon Flex, BluSmart, Fl

The Securities and Exchange Board of India (SEBI) has unveiled a series of new measures aimed at strengthening the equity index derivatives market, focusing on investor protection and enhanced market stability. These initiatives follow recommendations from SEBI’s Expert Working Group on derivatives and the Secondary Market Advisory Committee. Key changes include the mandatory upfront collection of option premiums from buyers, a move designed to mitigate undue intraday leverage

In a positive sign for the Indian economy, the Goods and Services Tax (GST) collections for September 2023 increased by 6.5% year-on-year, totaling ₹1.73 lakh crore. This marks a rise from ₹1.63 lakh crore collected in September of the previous year. The net GST collection after refunds stood at ₹1.53 lakh crore, showing a growth of 4% compared to ₹1.47 lakh crore in September 2022. So far this fiscal year, the government has recorded a gross GST revenue of ₹10.87 lakh cro