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Ola Electric logged its lowest monthly sales this year in September, government data showed, as the SoftBank-backed firm sees its dominance eroded by smaller competitors and servicing network challenges. Ola Electric, which made its stock market debut about two months ago, sold 23,965 vehicles in September, recording a month-on-month decline for the second consecutive month. Its falling month-on-month sales has seen its market share decline for five straight months to 27% in September, from over 50% in April, the data showed.

Wall Street closed its latest winning month and quarter with more records on Monday

Maine environmental officials say all water samples analyzed so far after the state’s largest recorded accidental spill of firefighting foam are below its guidelines for potentially dangerous chemicals

Ashok Leyland on Tuesday reported a 10 per cent year-on-year drop in its sales including exports at 17,233 units in September. The company's total vehicle sales in September 2023 stood at 19,202 units, according to a statement. Sales of medium and heavy commercial vehicles (M&HCVs), including exports, during the previous month stood at 11,077 units, which was 13 per cent lower compared to 12,752 M&HCVs sold in last September, it said The total Light Commercial Vehicle sales (domestic and exports) during September 2024 was recorded at 6,156 units as against 6,450 LCVs sold in the same month of last year, the company stated.

financials are currently the most attractively priced segment of the market today. The valuations in the sector clearly offer a margin of comfort,” says Nitin Raheja, Executive Director, Julius Baer India. In an interview with ETMarkets, Raheja said: “The other segment that we feel strongly about is discretionary consumption which is a multi-decade story in India,” Edited excerpts:

Election Commission of India said.First Election in a DecadeJammu and Kashmir is holding its first assembly elections in ten years. This is also the first assembly election in the UT after the abrogation of special status under Article 370 in August 2019.The first phase of voting was held on September 18 and the second phase on September 25.

Canada’s housing market released a lot of steam during the correction brought on by soaring inflation and interest rates, but one city remains at risk of running hot, according to a global index.

Bitcoin (BTC) lost ground Monday morning, giving back some of the gains posted during what has been a positive month for the legacy cryptocurrency.

U.S. stocks are hanging near their records following a wild start to the week for financial markets in Asia

"Prime Minister Narendra Modi and President Joe Biden set an ambitious goal to improve and expedite the visa process and I am proud to say that we have delivered on that promise. Our consular teams at the embassy and four consulates work tirelessly to ensure that we meet the surging demand," said US Ambassador to India Eric Garcetti. More than 1.2 million Indians have travelled to the United States in 2024, a 35 per cent increase over the same period in 2023. 

current account deficit widened marginally to 1.1 percent of GDP in the June quarter compared to 1 percent of GDP in the same period a year ago due to widening trade deficit according to the figures released by the Reserve Bank of India. Overall balance of payments ended in a lower surplus of $5.2 billion compared to $24 billion in the previous comparable quarter as capital flows slowed during the quarter. Current account which record the country's imports and exports of goods and services ended in a deficit of $ 9.7 billion or 1.1 per cent of GDP for the quarter ended June 2024-25 compared to $ 8.9 billion or1.0 percent of GDP in June 2023 quarter and against a surplus of $ 4.6 billion or 0.5 per cent of GDP in the March 2024 quarter.

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Subscribe to enjoy similar stories. The investment pros at one of the world’s largest hedge funds, Millennium Management, have a strict rule: Don’t lose money. Millennium parcels out the roughly $69 billion it manages for clients across more than 2,600 traders, analysts and other investment staffers working on hundreds of teams.

Subscribe to enjoy similar stories. A major injection of economic stimulus in China drove gains in stocks from Beijing to New York at the end of the quarter. Some investors say what happens there could be key to markets’ direction in the months ahead.

Tanzeel Akhtar has been covering the cryptocurrency and blockchain sector since 2015. She has written for the Wall Street Journal, Bloomberg, CoinDesk and Bitcoin Magazine.

earthquake of 4.2 magnitude was recorded in Maharashtra's Amravati district on Monday afternoon, the National Centre for Seismology (NCS) said. There was no report of any casualty or loss of property, Amravati's Resident Deputy Collector Anil Bhatkar said. The quake struck the district at 1.37 pm, the NCS said. Mild tremors were felt at places in Chikaldhara, Katkumbh, Churni, Pachdongri talukas and Melghat area, Bhatkar said.

social media account of 'Hindutva Watch' on the basis of certain alleged offending posts is «disproportionate» and contrary to the law, social media giant 'X' has told the Delhi High Court. X Corp. (formerly known as Twitter), in an affidavit filed in a case, informed the court that there are no reasons recorded in the 'blocking order' of the government which issued the order to block the account of 'Hindutva Watch' despite the objections raised by the intermediary. «It is admitted that respondent no. 1's (Centre) non-disclosure of relevant material to the affected party renders the right to be heard meaningless, as the affected party is unaware of the evidence against them and cannot adequately explain or rebut it,» X said. The court was hearing a petition by journalist Raqib Hameed, founder of Hindutva Watch, seeking to quash the Centre's blocking order issued under the Information Technology Act.

Narendra Modi has appealed to the people to use ‘Made in India’ products during the ongoing festive season. Starting with Ganesh Chaturthi, the festive season will last nearly two months and include Navratri, Dussehra, Diwali and Chhath. This is the time when cheap Made-in-China goods flood Indian market. PM Modi has asked people to buy not just earthen lamps. «Merely buying earthen lamps is not ‘Vocal for Local'. You should promote local products made in your area more and more. Any such product, that has been made with the sweat of an Indian artisan, that is made on Indian soil, is our pride –– we always have to lend glory to this pride,” he said.

Delhi government has initiated a special audit of 12 DU colleges fully funded by it to investigate allegations of financial irregularities flagged by Chief Minister Atishi. The Directorate of Audit has assigned an eight-member team to conduct the special audit after a status report was submitted by a high-level committee. In an order issued last week, the Audit department directed the secretary of Directorate of Higher Education to instruct the colleges to make all necessary records available to the audit team. «I am directed to convey the approval of Competent Authority for conducting a Special Audit on the examination of issues related to 12 colleges (fully funded by the Delhi Government) affiliated with the University of Delhi, as per the status Report of the High Level Committee,» read the order dated September 27.

inventory overhang (the estimated time required to sell off unsold stock based on sales velocity) has dropped to 22 months in the June quarter, down from 34 months in the corresponding quarter last year. According to PropTiger.com report, NCR's Gurugram witnessed a substantial decline in inventory overhang from 72 months in Q2 2023 to 31 months in Q2 2024. Ahmedabad also showed strong performance, reducing its inventory overhang from 33 months to 18 months during the same period, reflecting the healthy demand dynamics in these markets. Regarding unsold inventory, the report said that despite a moderation in supply and absorption rates, India’s residential real estate market displayed resilience, achieving a 2% year-on-year decline, bringing the total to over 9.26 lakh units as of June 30.

According to a Times of India report, terror-related incidents have dropped to one-tenth of the levels seen a decade ago. This year's assembly elections, the first since the nullification of Article 370 and J&K's reorganisation into a Union Territory in 2019, have witnessed peaceful polling in several areas of Kashmir, an official confirmed. While the Kashmir Valley recorded positive voter participation, turnout percentages in most of Jammu division, where voting has concluded, have dipped compared to 2014. According to officials, the decline could be linked to the recent surge in terror activities in the region. As of September 27, 15 terror-related attacks and encounters had resulted in the deaths of 11 civilians and 17 security personnel in Jammu.