The Economic Times

Yes Bank bondholders filed a contempt petition in the Supreme Court regarding the restoration of AT-1 bonds. The Supreme Court upheld a ruling that set aside the lender's write-off of 84 billion rupees in bonds. Axis Trustee Services, representing the bondholders, asked for directions to enforce the court's ruling. Yes Bank had not complied with the restoration order, prompting the trustee's legal action.

Indian equities opened higher on positive global cues but surrendered gains amid rising bond yields and hawkish Fed commentary. Smallcaps outperformed as risk appetite improved. Analysts highlighted stock-specific opportunities, including Astra Microwave and Neogen, for Thursday's trading session.

Crypto market is undergoing extreme volatile mode. Top cryptocurrency assets such as Bitcoin and Ethereum were down after the CPI report reveals shocking US inflation data.

A research team from MIT has mapped the lineage of over a million cells in mouse embryos. This extensive study reveals how cells decide to form specific tissues during development. The new technique allows scientists to identify where developmental errors occur, which may lead to birth defects. It also provides insights for cancer research by highlighting early changes in healthy cells.

World leaders gathered in Turkey for COP31 to discuss effective strategies to combat climate change. Notably absent are leaders from major polluting nations, including the United States, China, and India. U.N. Secretary-General Antonio Guterres urged immediate action in his opening speech and suggested a framework for cooperation. Brazil's President Luiz Inacio Lula da Silva emphasized the need for global leadership on environmental issues.

New business increased to Rs 42,914 crore in October this year, compared to Rs 34,007 crore in the corresponding month last year, according to data released by the Life Insurance Council.

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While the Nifty 50 has rallied nearly 11% in a month, several midcap stocks have outperformed the broader index. Here are 12 midcap stocks that have surged between 15% and 30% during this period, according to ACE Equity data.

The Supreme Court addressed the practice of forum shopping in its recent order regarding a commercial suit. The court transferred the case from Delhi High Court to Madras High Court to ensure appropriate jurisdiction. Both parties involved in the suit were located in neighboring states of Tamil Nadu and Karnataka. The ruling emphasized the importance of having cases heard in relevant local courts.

Manchester United has opened talks with Mauricio Pochettino regarding the managerial position currently held by Michael Carrick. Carrick's management has faced scrutiny due to the club's poor start in the season. The team is currently in the relegation zone after a series of winless matches. A decision regarding Carricks future is expected to be made soon by the club's executives.

India's government ordered internet providers to block 129 betting websites based on fraudulent high court orders. Investigations have been initiated after it was revealed that these court orders were fake. The Rajasthan and Allahabad High Courts confirmed that the supposed orders did not exist in their records. Concerns about the authenticity of legal documents are growing due to technology advancements.

Volunteers from around the world are actively participating in the Space Warps project to analyze galaxy images. They help identify rare gravitational lens candidates using data from the Euclid Space Telescope. This collaboration combines human observations with machine-learning systems for more accurate results. The project emphasizes the importance of citizen science in exploring vast astronomical datasets.

UN Secretary-General Antonio Guterres addressed world leaders at the COP31 summit in Turkey regarding climate change action. He warned that the slow international response threatens the planet's future and urged countries to implement clean energy solutions. Negotiators from nearly 200 nations are currently seeking agreement on enhancing electricity's role in global energy consumption. The summit occurs amid significant geopolitical challenges and alarming climate data highlighting increasing gl

Tide, a UK-based financial platform, will invest 250 million pounds in India by 2030 to enhance operations. The investment focuses on technology centers supporting global business, particularly in the UK and Europe. Tide's significant presence in India includes approximately 800 employees, although it will exit the member-facing business, affecting around 400 employees. The decision follows a strategic review indicating profitability challenges in the Indian market.

The launch of Volkswagen's ID. UNYX series in China has resulted in lackluster sales for its electric vehicle joint venture. With no new models planned for 2027 or 2028, consumer interest is dwindling. As the market in China contracts, Volkswagen finds itself in a tough position. They are strategizing to streamline operations and potentially roll out fresh models to regain their competitive edge in this evolving landscape.

Six Nifty 500 stocks gained over 2% and crossed above their respective 200-day moving averages on November 9, according to StockEdge data. A move above the 200-DMA is widely seen as a bullish technical signal, suggesting a potential shift towards an uptrend.

Seven Nifty500 stocks featured in StockEdges White Marubozu bullish scanner on November 9, indicating strong upward price momentum during the session. Banking stocks dominated the list, with gains ranging from 4% to 5.6%.

Five Nifty500 stocks closed more than 2% above their respective volume-weighted average prices on November 9, according to StockEdges technical scan, indicating positive price action during the session.

Five Nifty500 stocks that gained over 3% on November 9 featured in StockEdges RSI Trending Up scan, with their Relative Strength Index (RSI) crossing above 50 from below, signalling strengthening price momentum.

Myanmar imports 90 percent of its fuel oil, official figures show, making it particularly vulnerable to supply issues caused by the US-Israeli war on Iran.

Tyre maker MRF Ltd reported a 22.8% decline in net profit for the July-September quarter. Revenue from operations saw a growth of 17.4%, reaching Rs 8,660.19 crore compared to the previous year. However, total expenses also rose significantly, driven by sharp increases in raw material costs. The company announced an interim dividend of Rs 3 per share to its shareholders.