Europe faces a challenging future in transatlantic economic relations as President-elect Donald Trump signals his intent to leverage American trade power for foreign policy objectives. This development raises concerns about potential tariff clashes and the implications for global supply chains.
Israeli and Lebanese leaders have agreed to a ceasefire amid ongoing conflict. Meanwhile, Mexico responds to US president-elect Donald Trump's tariff proposals, while President Joe Biden works to solidify his legacy in his final weeks in office. Additionally, the Russian rouble has fallen to its lowest value against the dollar since the onset of the Ukraine invasion.
Trump has appointed Greer, a former chief of staff to trade representative Lighthizer, as his trade chief, signaling a push for aggressive trade policies against China. Greer advocates for strict enforcement of existing trade agreements and new deals with countries like the U.K. and India, while downplaying inflation risks from tariffs. He emphasizes the need for long-term strategic competition with China, despite potential short-term costs for businesses.
NTPC Green Energy shares surged to the 10% upper circuit limit after a muted debut on November 27, reaching Rs 122.65 on the NSE. The stock opened at Rs 111.50, a 3.24% premium over its IPO price of Rs 108, reflecting investor optimism in India's renewable energy sector.
In 2023, the U.S. achieved its highest vehicle fuel economy and lowest greenhouse gas emissions, with new vehicles averaging 27.1 mpg and CO2 emissions at a record low of 319 grams per mile. Despite progress, the EPA warns that further reductions are essential, as passenger cars and light trucks still contribute nearly 17% of total U.S. GHG emissions. The rise of electric and plug-in hybrid vehicles is pivotal, with their production increasing from 6.7% in 2022 to 11.5% in 2023, projected to reach 14.8% in 2024.
The Insurance Amendment Bill aims to increase the foreign direct investment (FDI) limit in the insurance sector from 74% to 100% and eliminate the Rs 100 crore minimum paid-up equity capital requirement. Additionally, it introduces a composite licence for companies to offer life, non-life, and health insurance products under one licence, promoting market entry and competition. The bill is pending cabinet approval before being presented in Parliament, with the goal of achieving "insurance for all" by 2047.
Morgan Stanley projects India's GDP growth to improve to 6.7% in the December 2024 quarter, despite a current slowdown. While concerns arise over potential U.S. tariffs under President-elect Trump, the brokerage notes that India and Japan are less vulnerable to these risks due to structural advantages and effective policy measures. A 10% tariff increase could reduce India's growth by approximately 30 basis points.
IT stocks have gained traction, with the Nifty IT Index rising nearly 5% over the past month. Bernstein analysts predict a growth upcycle driven by BFSI and AI-related deals, favoring companies like Infosys and TCS for their strong US market exposure, while mid-cap players like Persistent Systems are also expected to benefit significantly.
CDSL reported solid earnings in Q2 FY25, driven by improved realisations and strong volume growth despite reduced transaction charges. The company, with a market cap of ₹33,189 crore, is positioned for medium-term growth through new business opportunities and the issuance of insurance policies in demat form. While valuations appear rich, they are deemed justified given the strong financials and high earnings visibility.
Switzerland and the EU are nearing a negotiation conclusion, focusing on the free movement of persons, an electricity agreement, and Switzerland's cohesion contribution. The EU is considering concessions on immigration, while Switzerland seeks a predictable annual payment of 300-400 million euros, compared to Norway's 450 million. Final decisions are expected in December, with parliamentary discussions anticipated to extend into 2028.
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings