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₹211.25 on the National Stock Exchange on Thursday. Powering the Street’s optimism is significant volume growth of 12,040 million units (mu) in August, including certificates, marking a 36% year-on-year increase. Electricity volumes rose 17.1% year-on-year to 9,914 mu last month, putting IEX on track to surpass its annual volume growth guidance of 17-18%.

₹0-1 crore. This is the largest group of companies that pay taxes. Firms with profits in the range of ₹1-10 crore, ₹10-50 crore, ₹50-100 crore, ₹100-500 crore and with profits above ₹500 crore are in separate brackets.

growing source of monthly income. Month after month, steady payouts roll into your bank account. The best part? You don’t need to do anything.

Thalapathy Vijay will create box-office history before hanging up his (acting) boots. The Tamil superstar’s latest film, ‘GOAT’ (short for ‘Greatest Of All Time), which hit the theatres on Thursday, is poised to shatter BO records. According to a report by box-office tracking portal Sacnilk.com, the sci-fi action extravaganza has collected over Rs 8.56 crore so far on day one of its release. Going by the craze it witnessed during advanced bookings, the movie is predicted to cross Rs 100 crore worldwide on the first day. Earlier, the movie garnered over Rs 24.5 crore through advance bookings for its opening day. Of this total, around Rs 22.83 crore came from its Tamil 2D screenings, while the Tamil IMAX 2D screenings earned approximately Rs 30 lakh. The Telugu and Hindi 2D versions of GOAT collected Rs 85.66 lakh and Rs 50.52 lakh, respectively, according to the film trade site Sacnilk. The movie saw strong early bookings in regions such as Tamil Nadu, Karnataka, Kerala, Andhra Pradesh, Telangana, and Maharashtra.

TORONTO — The Insurance Bureau of Canada says this summer saw a record number of insurance claims driven by four major weather events and natural disasters over the span of four weeks.

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About 260 Omega employees are working at this year’s Paralympics

For the first time ever, India’s real estate market has been categorized as ‘transparent’ by the Global Real Estate Transparency Index, compiled by property advisory JLL every two years. Mint explains the index and India’s position. Launched in 1999, and conducted every two years, it categorizes real estate markets into five tiers—highly transparent, transparent, semi-transparent, low transparency and opaque.

The Insurance Bureau of Canada says this summer saw a record number of insurance claims driven by four major weather events and natural disasters over the span of four weeks.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Vice President Kamala Harris is about to propose a tenfold increase in federal tax incentives for small business startup expenses, from $5,000 to $50,000, hoping it will help spur a record 25 million new small business applications over her four-year t...

PDRL on Wednesday launched BhuMeet, an advanced SaaS (Software as a Service) platform to help bridge the gap between drone service providers and farmers. BhuMeet will enable users to find and hire drone service providers based on their service records and proximity, ensuring efficient and localised service delivery, a company statement said. «By bridging the gap between farmers and reliable service providers, BhuMeet not only enhances operational efficiency but also empowers the agricultural community to harness the full potential of drone technology,» PDRL founder and CEO Anil Chandaliya said. BhuMeet--India's first SaaS platform for connecting drone service with farmers--will play a vital role in modernising agriculture across the nation, he added.

Coal India (CIL) fell by 4% to a low of Rs 500.70 on the BSE on Wednesday after the company posted sales volumes of 52.1mt on Monday, down 12% YoY. Domestic brokerages like Nuvama and JM Financial are still optimistic about the stock because a few dips do not change the future. CIL reported sales volumes of 52.1mt in August 2024, down 12% YoY, owing to a weak power demand amid heavy rainfall. However, volumes clocked a decline of 5.7% YoY during Jul-Aug '24 negating the impact of only monsoon for the decrease, implying that CIL’s volume was under pressure owing to weak demand.

Goldman Sachs Group Inc. economists gamed out the potential economic implications of a Republican or Democratic victory in the November elections, cautioning that US GDP faces a hit in the case of a win for Donald Trump. “We estimate that if Trump wins in a sweep or with divided government, the hit to growth from tariffs and tighter immigration policy would outweigh the positive fiscal impulse” from maintaining most tax cuts, Goldman economists including Alec Phillips wrote in a note Tuesday. Gross domestic product would see a peak hit of 0.5 percentage point in the second half of next year in that scenario, with the effects abating in 2026, the Goldman team estimated. They assumed a 20 percentage-point hike in China tariffs under Trump, along with higher duties on auto imports from Mexico and the European Union, and a reduction in immigration that would slow growth in the labor force.

Investors are continuously increasing their contributions towards systematic investment plans (SIP). Data show that inflows through SIPs have increased every month touching ₹23,332 crore in July 2024, as compared to ₹15,814 crore in August 2023. HOW CAN A SIP INVESTMENT BE INCREASED? Investors can increase their monthly SIP contribution by adding money to their existing mutual scheme or choosing a new fund for their portfolio. They can schedule the additional amount on the existing SIP date or any other convenient date. Choosing different dates helps in spreading the investments over the month.

digital transactions are fairly seamless. Now, the Reserve Bank of India wants to expand the country’s unified payments interface, or UPI, to lending: The central bank’s governor has repeatedly promised that a “unified lending interface” will soon be rolled out. That carries great potential — and not a little risk. India’s model for financial interconnectedness is based around what it calls “digital public infrastructure.” The idea is simple: The government, or a closely regulated quasi-public entity, invests in, manages, and pays for the system through which digital transactions take place. Businesses can create apps that use this infrastructure; interoperability is built in, so those apps must compete on cost and quality rather than on the size of their network. Consumers can decide how much of their information they are willing to share with specific apps or for specific transactions, and theoretically the seller’s access to private data is neither permanent nor very deep. The Indian IT whizzes who designed the system insist it avoids the worst of the US model (which is fragmented, insecure, and expensive), European systems (which are overregulated, lecture to business, and stifle innovation) and the Chinese network (which does not privilege privacy or allow for accountability to civil society).

Nvidia tumbled 9.5% on Tuesday in the deepest ever single-day decline in market value for a U.S. company, as investors softened their optimism about artificial intelligence in a broad market selloff following tepid economic data. Nvidia lost $279 billion in market capitalization, a major indication that investors are becoming more cautious about emerging AI technology that has fueled much of this year's stock market gains.

Federal Reserve will lower interest rates. The benchmark S&P 500 index, Nasdaq Composite Index and the Dow Jones Industrial Average recorded their biggest daily percentage declines since early August. Nine out of 11 S&P 500 sectors fell, led by declines in technology, energy, communication services and materials.

New Delhi: The Centre has prepared a five-year plan for developing and expanding more than 50 airports in smaller cities, two senior officials aware of the development said on condition of anonymity. The move is in line with anticipated growth in air travel demand in these cities.

Popular layer 1 Ethereum rival Cardano ($ADA) has stumbled to $0.32 after absorbing overnight losses of around 1%, capping a 7-day depreciation of 10%.

In what will be written in history for Indian para sports, the track and field athletes showcased their might for the second consecutive day at the iconic Stade de France, bagging five medals — two silver and three bronze — as the country ended day six of the quadrennial showpiece at 17th place. In thrilling matches that were held simultaneously on late Tuesday, India grabbed four medals--two in men's high jump T63 event and two in javelin throw T63 event. In the high jump event, Sharad Kumar won silver, Mariyappan Thangavelu clinched bronze while in men's javelin throw F46 final, Ajeet Singh won silver, Sundar Gurjar settled for bronze.