Scientists found large craters in Lake Michigan using sonar technology. The discovery was made during a mission to map the lakebed. Researchers are now focused on understanding the role these craters play in the lake’s ecosystem. They plan to explore further to learn more about their formation and significance.
BP will continue to pursue energy ventures with Reliance Industries in India despite the end of their exclusivity. Having invested over $12 billion, BP sees their partnership as strategic and trust-based. Future plans include investments in oil, gas, mobility, low carbon initiatives, and fostering local talent.
Iran launched a missile attack on Israel in retaliation for the killings of high-profile figures, including Hezbollah's Hassan Nasrallah and Hamas leader Ismail Haniyeh. Iran's Foreign Minister Abbas Araghchi stated there was no message exchange with the US beforehand, and warned against US intervention.
India is monitoring the rising tensions between Iran and Israel in West Asia. The Ministry of External Affairs has advised Indian nationals to avoid non-essential travel to Iran. Those already in Iran should remain vigilant and stay in touch with the Indian Embassy in Tehran. This advisory comes amid escalating hostilities in the region.
Union Defence Minister Rajnath Singh criticizes Congress and Rahul Gandhi for allegedly spreading false information about the Agniveer Yojana. Singh clarifies Agniveer benefits, including compensation packages, job reservations, and insurance provisions, and expresses confidence in BJP's prospects in the upcoming Haryana assembly elections.
Indian market closed in the red for the third consecutive day in a row on Tuesday. Benchmark indices closed flat with a negative bias.
Tirupati Laddu Row: Deputy Chief Minister Pawan Kalyan visited the Tirumala temple with his daughter Polena Anjana and ended his Prayaschitha Deeksha. They signed the mandatory declaration forms and completed the darshan of Lord Venkateswara Swamy. Later, TTD officials presented them with Srivari Teertha Prasadams and a photo memento. Pawan Kalyan will inspect the Annaprasadam complex and participate in a public meeting.
Indian indices ended flat amid profit booking in energy stocks. Analysts anticipate volatility as geopolitical tensions rise and support levels for Nifty are observed around 25,650-700.
The Indian real estate sector sustains robust institutional investment, particularly in office spaces and residential assets, with a notable 679% rise in the office segment and a 40% increase in residential investment in Q3 2024. Foreign investments played a significant role, accounting for 88% of total inflows. Key cities like Chennai and Mumbai led in office investment, while residential investments surged in marquee projects.
India's office property market sees unprecedented demand, with the September quarter gross leasing volumes reaching 19.89 million sq. ft. Global Capability Centres (GCCs) and flexible spaces dominate, driving the trends. Bengaluru, Delhi-CR, Mumbai, and Hyderabad lead in leasing activity, reflecting robust sectoral interest post-Covid.
Babar Azam announces his resignation from Pakistan's white-ball captaincy to focus on his performance and personal life. Mohammad Rizwan is likely to replace him. Despite Babar's tenure since 2019, Pakistan has not won a major tournament. Meetings for team selection with Rizwan are scheduled.
On the 155th Gandhi Jayanti, Maharashtra Congress leaders, including Ramesh Chennithala and Tushar Gandhi, visited Mahatma Gandhi's residence, urging citizens to embrace Gandhi's ideals of non-violence and brotherhood amidst current divisive agendas and global conflicts such as Iran's missile attacks on Israel.
Equity and equity-oriented mutual funds yielded returns up to 24% in September, with sectoral and thematic funds leading among diversified equity mutual funds. Here are the top five performers.
Royal Enfield's total wholesales rose 11% year-on-year to 86,978 units in September, driven by recent launches like the 2024 Classic 350. Domestic dispatches increased by 7%, while exports more than doubled. CEO B Govindarajan attributes the growth to continuous innovation and strong rider interest.
An armed masked man looted Rs 40 lakh from an Axis Bank branch in Shamli, Uttar Pradesh, threatening the manager and assistant with violence if the demanded cash was not provided. Police are investigating, and CCTV footage has been collected.
In a recent board meeting, Sebi announced uniform standards for nomination facilities and consistent nomination norms for demat accounts and mutual fund investments.
The Karnataka High Court has decreed that Ola drivers are employees under the PoSH Act 2013. Consequently, Ola has been ordered to compensate a woman for not addressing her sexual harassment complaint, and the company's Internal Complaint Committee must investigate the matter. The Karnataka State Transport Authority was also fined for negligence.
Govinda is recovering after a leg injury from an accidental gunshot at his Mumbai home. Post-surgery, he is in a normal ward and likely to be discharged soon. His wife, Sunita Ahuja, reassured fans not to panic. Police and Mumbai crime branch are investigating the incident.
The Maharashtra government has set up a Commission of Inquiry to probe the police shooting of Akshay Shinde. Shinde was accused of sexually assaulting two girls at a Badlapur school and was killed in an alleged shoot-out on September 23. The commission will investigate the sequence of events and suggest measures to prevent such incidents.
Indian indices ended flat amid mixed performances, with Reliance and HDFC Bank dragging down. Analysts recommend stocks like Chambal Fertilizers and EID Parry for potential gains amid cautious sentiment.
Protests erupted across West Bengal on Mahalaya, demanding justice for a raped and murdered doctor from RG Kar hospital. Demonstrators, notably women, observed rituals and marches in various districts while advocating for punishment of the culprits. Amid the protests, scuffles and police complaints were reported.
