Mon, Nov 18, 2024 2:58 PM
Nomura expects Fed to pause rate-cut cycle in December
A Flip by Avya Verma
📈 Domestic benchmark indices closed on a negative note on 18-November-2024 📢 At 3:30 PM, the Sensex tanked by 241.40 points or 0.31% at 77,339.01, and the Nifty was down 78.90 points or 0.34% at 23,453.80. 📊Among sectoral, Nifty Metal (⬆️1.90%) turned out to be the best performer while Nifty IT (⬇️2.32%) saw considerable selling.
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Traditional media outlets in India are dissatisfied with digital platforms, arguing that tech giants like Google and Meta unfairly profit from digital advertising without compensating original creators. The Indian government acknowledges the issue and is considering regulations to ensure fair revenue-sharing and intellectual property protection.
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ONGC and NTPC have joined hands to explore together greenfield renewable projects in India and abroad, as well as acquisition opportunities, setting up a joint venture company ONGC NTPC Green, a release said on November 18. Last week, Reuters reported citing sources that a joint venture between NTPC Green Energy and ONGC Green Energy emerged as the highest bidder for Ayana Renewable Power.
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