Domestic equity indices, Sensex and Nifty, closed higher for the second consecutive day on Tuesday, driven by gains in IT stocks ahead of key U.S. inflation data and pharma stocks following a tax cut on select cancer drugs.
Donald Trump’s reelection strategy involves addressing fears about migrants, crime, and the economy. He claims the dollar is under threat from foreign countries avoiding it, proposing a 100% tariff on those who do. However, experts argue this could harm the US economy and weaken the dollar further.
RG Kar Medical College and Hospital has issued notices to 51 doctors for promoting intimidation and endangering the institution's democratic atmosphere. They must appear before an enquiry committee on September 11. The hospital has restricted their campus access and participation in college activities. Protests continue over the rape and murder of a postgraduate trainee doctor.
The article explores the differing views on work-life balance and hustle culture among prominent billionaires and tech leaders. Figures like NR Narayana Murthy, Elon Musk, Jack Ma, Jeff Bezos, and Alexis Ohanian share their perspectives on long work hours, dedication, and the importance of balancing personal well-being with professional success.
The currency would have endured a steeper fall if not for dollar offers from state-run banks, traders said. The rupee had declined to its all-time low of 83.9850 last week.
The Ministry of Road Transport and Highways has amended the National Highways Fee Rules, allowing private vehicle owners with GNSS to travel up to 20 km on highways and expressways daily without charges. Fees will apply for distances exceeding 20 km. The GNSS-based toll system is being piloted on select national highways.
Mobile phone retail chains in South India have requested smartphone brands to maintain price parity between online and offline stores during the festive season. The South India Organised Retailers Association, representing 21 chains, emphasized that fair pricing would benefit brands, retailers, and customers alike by promoting fairness and enhancing the overall customer experience.
Chandni Chowk's Rs 100 crore revamp in 2021 has deteriorated, with overflowing litter bins, broken tiles, and encroachments. The Public Works Department and Municipal Corporation of Delhi dispute responsibility for maintenance. Traders and officials express concern over the area's declining condition, despite court directions and government interventions.
The 2024 Hyundai Alcazar, launched in India with prices starting at ?14.99 lakh, features a bold new design, updated cabin, and enhanced specs for better performance.
This advanced facility, equipped with TOPCon and Mono Perc technology, is poised to significantly increase domestic solar cell and module production. This will contribute to India's solar energy goals and its commitment to achieving net-zero emissions. The plant is expected to reach its full 4 GW capacity within the next few months, with the remaining 2 GW coming online in the next 4-6 weeks.
Muniyad Ali Khan, a key figure in an international gold smuggling racket, was extradited from the UAE to India. He is accused of conspiring to smuggle gold bars from Saudi Arabia into India. This operation was coordinated by the CBI, NIA, and Interpol. Two other co-accused were previously brought back from Saudi Arabia.
Maruti Suzuki India aims to significantly boost its overseas shipments by 2030, with plans to triple exports in six years. The company is also focusing on various technologies like electric vehicles, biofuels, and hydrogen to combat carbon emissions and reduce oil consumption. Maruti Suzuki seeks self-reliance in the value chain and deep localisation.
Haryana Chief Minister Nayab Singh Saini filed his nomination papers for the Ladwa assembly constituency, accompanied by prominent BJP leaders. He held a roadshow and expressed confidence in forming the government for a third time. Voting for the 90 assembly seats will be held on October 5, with results announced on October 8.
Apple launched the iPhone 16 series at its Glowtime Event 2024 in California. Social media users noted the similarities between the new models and previous versions, focusing on minor design changes like camera repositioning. Despite this, the iPhone 16 series features new screen sizes, an A18 chip, improved cameras, and better battery life.
Trinamool Congress leader Saugata Roy has called for SEBI chairperson Madhabi Puri Buch to appear before Parliament's Public Accounts Committee over conflict of interest allegations. BJP's Nishikant Dubey opposed the demand, citing procedural rules. The controversy began with allegations from Hinderburg Research, which Buch has denied.
Remote jobs offer flexibility and lucrative opportunities across various fields. Platforms like FlexJobs, We Work Remotely, AngelList, Truelancer, and LinkedIn provide diverse remote job listings, career resources, and networking options, helping individuals find roles that align with their preferences.
Khoon Goh from ANZ predicts a further decline in the US dollar as the Fed begins its easing cycle. This depreciation could benefit emerging markets, easing pressure on their central banks. The yen carry trade unwind is expected to continue but in a more orderly fashion compared to earlier disruptions.
Maruti Suzuki India plans to export high-specification electric vehicles with a range of 500 km, powered by a 60 kWh battery. The company aims to increase customer confidence by offering multiple EV products and after-sale support. They also plan to develop biofuel and hydrogen models to combat carbon emissions and increase exports significantly by 2030.
The IPO comprises a fresh issue of equity shares aggregating up to Rs 400 crore and an Offer For Sale (OFS) of up to 54 lakh equity shares worth Rs 93 crore, at the upper end of the price band, by promoter Rajendra Sethia.
IT stocks surged on Tuesday, with Coforge hitting a 52-week high. Analysts from Motilal Oswal and Nuvama foresee recovery in the sector, citing potential rate cuts and evolving work distribution.
Adani Airports Holdings Ltd has launched 'aviio', a digital platform to provide passengers with real-time data on airport access, including wait times and gate changes. The initiative aims to enhance passenger experience and operational efficiency across its seven airports, with plans for further expansion by 2025.
Zoetis, the world's largest producer of pet and livestock medicine, is expanding its global capability centre in Hyderabad. The centre will add around 300 technology jobs by next year and support the company's global operations using advanced technology tools. This expansion aims to leverage Hyderabad's tech talent pool and life-science ecosystem.
Maersk and Hapag-Lloyd are set to launch their Gemini Cooperation in February 2025, aiming to create a flexible and interconnected ocean network with over 90% schedule reliability.
On Tuesday, the Bharatiya Janata Party released its second list of candidates for the Haryana state elections, featuring Pawan Saini as the contender for the Naraingarh seat among twenty others. The elections for the 90 Haryana seats will occur in a single phase on October 5, with results to be announced on October 8.
