Indian benchmark indices, Sensex and Nifty, saw an early rebound after significant losses, driven by value buying, though elevated oil prices and anticipation of the US Federal Reserve's policy decision tempered gains. Track Sensex, Nifty on September 16.
The Cockroach Janta Party (CJP), led by Abhijit Dipke, is staging a protest at Jantar Mantar, demanding the resignation of Union Education Minister Dharmendra Pradhan over alleged examination irregularities and repeated paper leaks. Dipke has stated he will not leave until their demands are met and has requested Delhi Police to extend permission for the ongoing demonstration.
Indian benchmark indices, Sensex and Nifty, closed nearly flat on Thursday, influenced by the US Federal Reserve's interest rate hike and indications of further monetary tightening. Despite some intraday gains, caution prevailed, with foreign institutional investors continuing to offload equities. Meanwhile, the National Stock Exchange of India's (NSE) mega initial public offering opened for subscription, garnering 39 per cent subscription on its first day.
Dig into the prospectus. Use the prospectus to understand the business and its risks.
'Treating stock brokers as merchants for MDR is fundamentally misplaced.'
Accel's early investment in RentoMojo, a furniture and appliance rental platform, has paid off handsomely with the company's strong debut on the stock exchanges, listing nearly 19 per cent above its issue price after a significantly oversubscribed IPO.
'It is a blunt and dangerous attempt to pressure India to sign BTA on one-sided terms.'
Salesforce CEO Marc Benioff has identified a significant opportunity for India as the company transitions its enterprise systems to an AI-first model. He emphasised India's crucial role, leveraging its extensive pool of technology professionals and partners, in this global technological transformation, which he likened to a "Y2K moment" for engineering.
Jemima Goldsmith, filmmaker and former wife of Pakistan's ex-prime minister Imran Khan, has married multi-millionaire financier Cameron O'Reilly. The news was confirmed by her family, with the couple reportedly exchanging vows over the weekend. Goldsmith continues to advocate for her sons and ex-husband amidst his incarceration.
Jemima Goldsmith, filmmaker and former wife of Pakistan's ex-prime minister Imran Khan, has married multi-millionaire financier Cameron O'Reilly. The news was confirmed by her family, with the couple reportedly exchanging vows over the weekend. Goldsmith continues to advocate for her sons and ex-husband amidst his incarceration.
Paytm CEO Vijay Shekhar Sharma stated that the government's new Merchant Discount Rate (MDR) on large-value UPI transactions will significantly increase the company's revenue and profitability. The 0.4% fee on UPI transfers exceeding Rs 2,000 to merchants, effective October 15, is expected to give Paytm a competitive edge. Sharma also highlighted the company's focus on generating free cash flow, expanding internationally, and developing proprietary artificial intelligence capabilities to drive future growth.
India has dismissed Pakistan's recent announcement of a seven million rupees bounty on Jaish-e-Mohammed chief Masood Azhar as a "gimmick," demanding concrete action against terrorism. India highlighted Pakistan's history of similar "phoney announcements" and its alleged sheltering of Azhar, while Pakistan faces international pressure from the FATF to crack down on terror financing.
GIS intelligence solutions provider Mirai Aerospace Systems and Software Solutions has signed an MoU with US-based GreenValley International Inc to strengthen India's geospatial and LiDAR remote sensing manufacturing base. The collaboration focuses on local assembly, manufacturing, technical support, and the development of AI-driven LiDAR applications, aiming to meet India's growing demand across various sectors.
Indian benchmark indices, Sensex and Nifty, experienced a significant downturn, with Sensex tanking 778 points and Nifty closing at a five-month low, driven by surging crude oil prices, geopolitical tensions, and fears of further interest rate hikes by major central banks.
Union Finance Minister Nirmala Sitharaman called upon 'Gen Z' and 'Gen Alpha' to assume leadership, prioritise the nation, and contribute to its growth, rather than questioning what the country has done for them.
The Shapoorji Pallonji (SP) Group, the second-largest shareholder in Tata Sons, has publicly endorsed a listing of the Tata Group's holding company, aligning with the board's push for greater transparency and public accountability despite opposition from the Tata Trusts.
'If you listen to a rowdy in a class, he will keep on bullying you.' 'India can say do whatever you want. We will not compromise on anything.'
InsuranceDekho and RenewBuy have merged to establish India's largest artificial intelligence (AI)-enabled insurance distribution platform, targeting a significant premium book and extensive reach across the country.
Mamata Banerjee, who founded the Trinamool Congress through an act of rebellion against the Congress, now faces a similar internal revolt that threatens the very identity of her party. The Election Commission's interim decision to withhold the TMC name and symbol for the upcoming bypolls highlights a deeper struggle for political inheritance. This situation, unprecedented for the party, forces both Mamata's loyalists and rebels to seek electoral recognition without their established identity, marking a significant challenge to her long-standing dominance.
Foreign Portfolio Investors (FPIs) withdrew Rs 13,138 crore from Indian equities in the first half of September, driven by heightened global uncertainty, rising crude oil prices, firm US bond yields, and a strong dollar, impacting risk appetite.
PAYD suits infrequent drivers who can estimate annual mileage.
Pakistan continues to offer a 7 million rupee reward for information leading to the arrest of Jaish-e-Mohammed chief Masood Azhar, who remains on the Federal Investigation Agency's "Red Book" of most-wanted terrorists. This development comes ahead of the Financial Action Task Force's plenary meeting, highlighting Pakistan's ongoing efforts against terror financing.
Indian benchmark indices, Sensex and Nifty, closed higher on Thursday, breaking a three-day losing streak, driven by late buying in financial heavyweights like HDFC Bank and Axis Bank, despite persistent geopolitical tensions and crude oil prices exceeding USD 100 per barrel.
Experts laud the decision to impose a 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000, effective October 15. This move, along with a dedicated fund for small merchants, is seen as crucial for creating a sustainable digital payments ecosystem, incentivising expansion in rural areas, and funding innovation while keeping most transactions free for users.
The Mamata Banerjee-led Trinamool Congress faction has announced Sanchita Pradhan (Dey) and Rabiul Alam Chowdhury as its candidates for the upcoming Nandigram and Rejinagar assembly by-elections in West Bengal. This announcement comes amidst a significant split within the TMC, with a rival faction led by Ritabrata Banerjee also vying for control of the party's name and symbol. The Election Commission is currently deliberating on the claims of both factions, a decision that will critically impact the by-polls scheduled for October 6.
The Delhi High Court has directed Cockroach Janta Party (CJP) co-convenors Saurav Das and Ashutosh Ranka to remove allegedly objectionable social media posts targeting BJP national spokesperson Gaurav Bhatia. The court emphasised the need for verified and articulate expression, even while acknowledging the youth's right to protest. The case involves a defamation lawsuit filed by Bhatia over posts containing a wrongly attributed quote.
The third season of the World Championship of Legends will be held in the UAE from October 3 to 18, featuring cricketing legends like Yuvraj Singh, Shahid Afridi, Chris Gayle, AB de Villiers, and David Warner. This marks the tournament's first venture outside the UK, promising high-profile clashes and rekindled international rivalries across Dubai and Sharjah.
Indian benchmark indices Sensex and Nifty experienced significant declines in early trade, driven by soaring crude oil prices amidst escalating tensions in West Asia, coupled with weak global market trends and foreign fund outflows.
Weak verbs and poor language can make even impressive achievements seem ordinary, points out Nayagam PP, a career coach and founder of EduJob360.
The BJP has announced Hasirani Rath, mother of slain former aide to Suvendu Adhikari, as its candidate for the Nandigram bypoll, aiming for an emotive campaign. The party also named Sakharav Sarkar for the Rejinagar seat. These bypolls are set against a backdrop of multi-cornered contests and internal TMC disputes, with voting scheduled for October 6.
Essel Group founder Subhash Chandra has called for an independent audit to examine the group's borrowings, defaults, and repayments, stating that approximately 43,000 crore of its 45,000 crore total debt has been repaid.
rediffGURU Anu Krishna advises a distressed daughter-in-law as to how she can deal with an interfering mother-in-law while protecting her own peace and marriage.
RNFI Services Ltd has received in-principle authorisation from the Reserve Bank of India (RBI) to operate as a Payment Aggregator - Physical (PA-P). This approval allows the company to expand its financial infrastructure into physical, offline, and in-store payments, complementing its existing regulated financial services portfolio.
The Supreme Court resumed hearing pleas challenging the Maharashtra Speaker's decision regarding the Eknath Shinde-led Shiv Sena MLAs and the Election Commission's recognition of the Shinde faction as the "real" Shiv Sena. Senior advocate Neeraj Kishan Kaul, representing the Shinde camp, argued that the EC has jurisdiction under Article 324 to examine a party's democratic character and organisational structure, especially when the Thackeray faction's constitution was not registered with the poll panel. He emphasised that the Shinde faction's case is based on a split within the political party, not just its legislative wing, citing cadre discontent. The hearing remains inconclusive.
Thousands gathered on the banks of the River Thames in London for the first-ever Ganga Aarti, a traditional Hindu ceremony of light and thanksgiving. Organised by Chinmaya Mission UK as part of the 'Totally Thames' festival, the event symbolised gratitude for nature and knowledge, while also celebrating 75 years of the Chinmaya Mission. The ceremony was conducted on land to ensure environmental responsibility.
The Finance Ministry has refuted allegations that US pressure influenced the decision to levy a 0.4 per cent Merchant Discount Rate (MDR) on select UPI payments. The ministry clarified that the NPCI guidelines prioritise RuPay credit cards on UPI to promote domestic alternatives and ensure a self-sustaining revenue model for smaller domestic companies, countering claims of favouring foreign payment providers.
BRICS members have expressed 'serious concerns' over the unilateral imposition of trade and finance-related measures, including higher tariffs and non-tariff barriers, stating these actions distort trade and are inconsistent with WTO rules. The grouping also highlighted elevated risks to the global economic outlook due to geopolitical tensions, trade fragmentation, and protectionism.
Indian benchmark indices, Sensex and Nifty, saw declines in early trade due to escalating crude oil prices and ongoing US-Iran hostilities, which subdued investor risk appetite.
Urban Indian millennials are caught in an algorithmically amplified consumption spiral where social media normalises spending patterns that systematically undermine retirement security.
Farah Khan shared an emotional farewell as her triplets, Czar, Diva, and Anya, embarked on their university journeys across three different cities in the US.
