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Stock markets rally on US Fed rate cut hopes, fresh foreign fund inflows

Mumbai, Oct 29 (PTI) Stock market benchmark indices Sensex and Nifty settled in the positive territory on Wednesday, tracking a rally in global peers, amid hopes of a rate cut by the US Federal Reserve and fresh foreign fund inflows. The 30-share BSE Sensex climbed 368.97 points or 0.44 per cent to settle at 84,997.13. During the day, it jumped 477.67 points or 0.56 per cent to 85,105.83. A total of 2,482 stocks advanced, while 1,668 declined and 175 remained unchanged on the BSE. The 50-share NSE Nifty went up by 117.70 points or 0.45 per cent to 26,053.90. “Markets

Bihar SIR: Supreme Court to hear plea for extension on September 1 deadline for claims, objections

New Delhi [India], August 29 (ANI): The Supreme Court on Friday agreed to hear a plea of the RJD on September 1 seeking an extension of time for filing claims and objections for voter registration in Bihar. Advocate Prashant Bhushan mentioned the matter before a bench headed by Justice Surya Kant, seeking a one-week extension on the September 1 deadline. Bhushan informed the bench that the RJD and a few other parties have filed applications seeking an extension of the September 1 deadline to file claims and objections regarding the draft voters’ list. The apex court was informed that parties

How much does it really cost to raise a child? An expert does the maths

Canberra, Oct 29 (The Conversation) Australians are having fewer children than ever. At 1.5 babies per woman, the fertility rate is at a record low. Many attribute this to the cost of having and raising children. If this is true, it raises questions of intergenerational fairness and future planning for governments. What do we do about the young would-be parents who are opting out because it’s simply too expensive? The problem with this assumption is that while it may feel true that childbearing must have become more expensive over the decades, it’s not that simple. So what do parents have

Gold futures extend losses for 4th day ahead of Fed rate decision

New Delhi, Oct 29, (PTI) Gold futures slipped Rs 176 to Rs 1,19,470 per 10 grams on Wednesday, as investors remained cautious ahead of the US Federal Reserve’s monetary policy decision later in the day. Extending the losses for the fourth straight session, gold futures for December delivery fell by Rs 176, or 0.15 per cent, to Rs 1,19,470 per 10 grams, in a business turnover of 13,116 lots on the Multi Commodity Exchange (MCX). However, silver futures staged a rebound on value buying. The white metal for December delivery rose by Rs 451, or 0.31 per cent, to Rs

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