Delhi's Indira Gandhi International Airport and Mumbai's Chhatrapati Shivaji Maharaj International Airport have been recognized among the world's most well-connected hubs by UK-based air consultancy firm OAG. Delhi improved its rank to 24, while Mumbai dropped to 44. IndiGo has become one of the world's largest airlines, with Delhi and Mumbai as its major hubs.
In a recent live stream on ETMarkets, hosted in collaboration with Delta Exchange, Saketh Ramakrishna provided an in-depth analysis of ratios in options trading. This session was particularly valuable for traders aiming to optimize their strategies by understanding the dynamics of risk and reward. Here’s a detailed overview based on Saketh’s insights.
On the technical charts, the 200-day moving average of the stock stood at Rs 4105.96.
With inflation easing, the European Central Bank is expected to cut interest rates again to support growth. The U.S. Federal Reserve may follow suit. However, rapid rate cuts are unlikely. The ECB's focus remains on balancing growth concerns with ensuring inflation stays near its 2% target.
Ayushman Bharat health insurance: The government has given the green light for health insurance to be provided for all individuals aged 70 and above, regardless of their income, as part of the flagship initiative known as Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY). This information was conveyed through a Press Information Bureau press release dated September 12, 2024.
Rahul Gandhi condemned the attack on two army soldiers and the gang rape of their female friend in Indore, Madhya Pradesh. He criticized the BJP-led state government for poor law and order, highlighting the increasing crimes against women. Gandhi called for serious reflection on the safety and protection of women in society.
The Bajaj Housing Finance IPO will be open for subscription from September 9 to September 11, 2024. Investors can participate in this significant market event, with shares priced between ₹66 and ₹70 each. The IPO aims to raise ₹6,560 Crores, including a fresh issue and offer for sale.
A total of 249 shares changed hands on the counter till 12:53PM (IST)
Bangladesh's interim government has asked the Hindu community to pause Durga Puja activities, especially musical instruments, five minutes before and during prayer times. Home Affairs Adviser Md Jahangir Alam Chowdhury announced this ahead of the celebrations. Security measures will be in place at the 32,666 puja mandaps set up across the country.
Brian Niccol, known for his successful leadership at Chipotle, has been appointed as the new CEO of Starbucks. Facing challenges like declining sales and unionization efforts, Niccol emphasizes self-belief and gut instinct in career decisions. His experience in turning around troubled companies is seen as a valuable asset for Starbucks' future.
The stock quoted a 52-week high price of Rs 813.0 and a 52-week low of Rs 554.0.
In a significant relief for the consortium of Dickey Alternative Investment Trust and Adani Power Ltd, the Supreme Court criticized the NCLAT’s September 6 order as inconsistent. The order both restored the status quo ante and required maintaining the status quo as of that date. Chief Justice DY Chandrachud noted that the NCLAT’s order was self-contradictory.
A total of 7,041 shares changed hands on the counter till 12:42PM (IST)
The Australian government said it would make tech platforms set codes of conduct governing how they stop dangerous falsehoods spreading, to be approved by a regulator. The regulator would set its own standard if a platform failed to do so, and then fine companies for non-compliance.
VMA 2024 Winners List: The 2024 MTV Video Music Awards saw Sabrina Carpenter win Song of the Year for Espresso, while Taylor Swift and Post Malone secured Best Collaboration. Women led the event with standout performances, including BLACKPINK's LISA and Chappell Roan. Megan Thee Stallion hosted and performed, making it a memorable night.
The stock quoted a 52-week high price of Rs 6442.65 and low of Rs 4518.35.
NASA has shared a visual of the Red Spider Nebula, located 3,000 light-years away in Sagittarius. The nebula features powerful stellar winds and waves of hot gas. NASA also approved the launch of the Europa Clipper spacecraft to Jupiter's moon Europa, scheduled for Oct. 10, to explore its potential for life.
Delhi Transport Minister Kailash Gahlot announced a proposal for a 50% waiver on certain traffic offences if dues are paid within 90 days. This aims to encourage commuters to settle fines and reduce court workloads. The concession applies to offences like unauthorized driving, driving without a valid license, and dangerous driving. Empowering officers for real-time enforcement is also part of the plan.
A total of 2,275 shares changed hands on the counter till 12:32PM (IST).
But the thing that really stands out for me at the moment are the things that I am working on, which takes up my time, is essentially the allocations to pharma, IT and FMCG and identifying stocks in that place.
On September 12, 2024, Defence Minister Rajnath Singh inaugurated the India Defence Aviation Exposition (IDAX-24) in Jodhpur, running alongside the Exercise Tarang Shakti-24. Scheduled from September 12 to 14, IDAX-24 features a broad range of aviation technologies and products, showcasing India's indigenous advancements and fostering international collaboration in the aerospace sector.
NBCC (India) Limited and Mahanagar Telephone Nigam Limited (MTNL) have signed an MoU to develop a land parcel on Pankha Road, New Delhi valued at Rs 1,600 crore. The project will transform the area into residential and commercial spaces, with NBCC handling planning and execution over three years. MTNL will provide the land and assist with regulatory approvals.
The findings reveal that even as Americans have started using generative AI-fueled chatbots and search engines in their personal and work lives, most have remained skeptical of these rapidly advancing technologies. That's particularly true when it comes to information about high-stakes events such as elections.
