Welcome to Mid-Day's Top News at this hour! We bring you a curated selection of the most significant and compelling news from around the globe. Stay informed with the latest developments in the nation, Mumbai, entertainment, sports, and more. Let's dive into the headlines shaping our world today.

Bloodbath in Indian stock indices following global markets as US fed reduces the rate cut projection for 2025

Indian stock markets tanked sharply on Thursday following the selling pressure in major markets around the globe after the US Fed showed signs of fewer rate cuts next year. The Nifty 50 index tanked more than 1.33 percent or 321 points to open at 23,877.15 points, while the BSE Sensex was down by 1,153.17 points or 1.44 percent to open at 79,029.03 points.