August saw a flurry of activity in the mutual fund space with the launch of approximately 18 new funds, amassing a total of over Rs 13,815 crore, as per AMFI's latest monthly report.
Health officials in the United States are concerned about a rise in Babesiosis, a tick-borne disease caused by the parasite Babesia microti. It infects red blood cells and can be severe, especially for immunocompromised individuals. Symptoms include fever, chills, and fatigue. Preventive measures include avoiding tick bites and performing regular tick checks.
Engineers India Ltd has secured new business worth Rs 4,681 crore this fiscal year, raising its order book to a record Rs 11,350 crore. Upstream and infrastructure segments have driven this growth. The company is also focusing on green energy projects and strengthening its international business, particularly from its Abu Dhabi office.
Taylor Swift endorsed Kamala Harris for the US presidential race, criticising Donald Trump for using AI-generated images of her as a supporter. Swift's post reignited the 'childless cat ladies' controversy, originally sparked by JD Vance's remarks. The issue is significant as women's votes are crucial in the upcoming elections.
Taylor Swift endorsed Kamala Harris for the 2024 presidential election, encouraging her followers to research before voting.
To promote ease of doing business, markets regulator Sebi on Wednesday allowed securities funded through cash collateral to be considered as maintenance margin for margin trading facility (MTF).
The Nagaland government will implement the Inner Line Permit (ILP) in Dimapur, Chumoukedima, and Niuland districts to regulate non-indigenous entry. This decision follows demands from various organizations. The ILP aims to protect the identity of indigenous people and is enforced under the Bengal Eastern Frontier Regulation Act of 1873.
Wall Street's main indexes were mixed at the open on Wednesday as uncertainty about the Federal Reserve's interest rate path increased following the latest inflation data.
NASA astronauts aboard Boeing's Starliner will remain on the International Space Station for months due to a faulty propulsion system with helium leaks. SpaceX's Polaris Dawn mission has also been delayed by helium issues. Helium is used in rockets for pressurizing fuel tanks and cooling systems, but its small atomic size makes it prone to leaks.
China plans to train 3,000 foreign law enforcement officials to address global security issues and protect its interests abroad. The initiative, announced at the Global Public Security Cooperation Forum, aims to enhance international cooperation and tackle cross-border crime. The program includes sending police consultants and conducting joint patrols.
Germany's foreign ministry responded to U.S. Republican candidate Donald Trump's false claims about immigrants eating pets and criticized his comments on German energy policy. The ministry highlighted Germany's progress in renewable energy and plans to phase out coal by 2038, while denying the pet-eating allegation.
Rahul Gandhi's recent remarks during his US visit have sparked criticism from BJP leaders. Uttar Pradesh Chief Minister Yogi Adityanath accused Gandhi of aligning with anti-India separatist groups and attempting to disrupt India's unity and social harmony. He also claimed that Gandhi is conspiring to abolish the reservation system.
Tata Steel CEO T V Narendran emphasised the need for India to build a greener manufacturing economy than China. Speaking at the AIMA Convention, he warned that India risks losing market share if it doesn't transition quickly to green manufacturing, especially with mechanisms like the EU's carbon border adjustment tax on imports.
The government has launched the Trade Connect ePlatform to streamline export and import information for entrepreneurs. Developed with various ministries and organizations, it aims to connect over 6 lakh IEC holders and provide real-time trade-related data. The portal will be updated regularly and include additional services in its second version by 2025.
JSW MG Motor India, a joint venture between MG Motor and JSW Group, is shifting focus from traditional petrol and diesel vehicles to new energy vehicles. The company aims for nearly half of its sales to come from electric vehicles by the end of this year, starting with the launch of the Windsor EV.
The government has eased the approval process for startups looking to shift their base back to India. Details on this and more in today’s ETtech Top 5.
Former President Donald Trump and Vice President Kamala Harris regularly interrupted one other as they discussed significant topics. Trump reportedly spoke a little bit more throughout the debates; however, this is not proven.
India enforcement agency seized 1.29 million rupees ($15,360) during searches at Axis Mutual Fund's offices in Mumbai and Kolkata related to an ongoing investigation of front-running, the agency said on Wednesday.
Bank of Baroda has approved Supertech Group's resolution plan for its Dehradun project, enabling the delivery of over 600 homes. The company is now seeking further approvals for other projects. Supertech also secured a Rs 450 crore investment from Kotak Investment Advisors for its Noida project, aiding the revival of stalled developments.
Akasa Air has named Sejal Haribhakti Mody as its Chief Human Resources Officer. Previously, she was the HR Head for Supply Chain, Legal, and ESG/Sustainability for South Asia at Hindustan Unilever. Mody will focus on organizational transformation, performance management, and leadership development to support the airline's growth and commitment to employee-centric operations.
Bengaluru's central crime branch police have arrested four officials from the GST Intelligence, Bengaluru Zonal Unit for conducting an unauthorized raid and extorting Rs 1.5 crore from a business. The officials posed as senior GST and Enforcement Directorate officers, detaining employees and demanding money. The case is under further investigation.
Shree Tirupati Balajee Agro Trading's IPO saw tremendous interest, being oversubscribed a whopping 124 times by the closing bell. The funds raised will be used for debt repayment, working capital needs, and strategic investments in its subsidiaries.
After Taylor Swift publicly endorses Kamala Harris and Tim Walz on social media, X owner Elon Musk openly threatened the TTPD singer in a subtle manner, claiming 'he will give her a child'. The obnoxious comment drew flak from major Democrats and social media is boiling with outrage at the insult of a popular star.
Malaika Arora's father, Anil Arora, was found dead in his Mumbai residence, reportedly by suicide. He was 62 years old. The Mumbai Police are investigating the incident and considering all possibilities. Anil had called his daughter Amrita before his death, expressing that he was tired. Friends and family have gathered to support the Arora family.
