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NEW DELHI : Markets regulator the Securities and Exchange Board of India (Sebi) on Wednesday imposed a fine of ₹5 lakh on brokerage Yes Securities for irregularities pertaining to settlement of client funds, shortage in collection of margin and for not adhering to leverage and exposure limits. Sebi along with the stock exchanges, inspected the accounts of Yes Securities in 2022 during which the regulator discovered several discrepancies in reporting.

NEW DELHI : The health ministry plans to bring two flu drugs, Oseltamivir and Zanamivir, under schedule H1 of the drugs and cosmetic law to ensure they are not sold without a doctor’s prescription because of the potential of misuse. The move also makes it mandatory for chemists to maintain a record of sale and purchase of these drugs. The government has sought comments from stakeholders within one month to move ahead with this decision.

Trevor Noah show tickets to anybody who lives near ‘Manyata and can reach venue within 20 mins’. The Bengaluru residents blame the ORR (Outer Ring Road) traffic! Comedian and host Trevor Noah kickstarted the Indian leg of his 'Off The Record' tour in Delhi on 23 September. The Delhi show was a resounding success.

Digital record keeper Vestwell continues to grow as program administrator for state retirement plans.

Rinku Dugga, a 1994-batch AGMUT (Arunachal Pradesh-Goa-Mizoram and Union Territory) cadre officer, had emptied a stadium of athletes in national capital Delhi, to walk their dog. As a punishment, Dugga was transferred out of Delhi and was posted as Principal Secretary, Indigenous Affairs in Arunachal Pradesh.

(Reuters) — Shares of Faraday Future Intelligent Electric slumped in premarket trading on Wednesday, after the cash-strapped electric-vehicle company announced plans to raise up to $90 million through a stock offering.

Americans outside the wealthiest 20% of the country have run out of extra savings and now have less cash on hand than they did when the pandemic began, according to the latest Federal Reserve study of household finances. 

rupee closed little changed on Wednesday, despite weakness in Asian peers, as the Reserve Bank of India likely sold dollars to prevent the rupee from falling to a fresh record low. The rupee closed at 83.22 against the U.S. dollar compared with a close of 83.23 in the previous session. Most Asian currencies weakened versus the greenback with the Thai baht leading losses with a 0.51% decline. Likely consistent dollar supply from India's central bank helped the rupee hold its ground, traders said. The RBI wasn't aggressively selling dollars but was seen offering the currency at 83.23-83.24 levels via state-run banks, a foreign exchange trader at a state-run bank said. The dollar index climbed to a fresh near 10-month high at 106.34 in Asia hours, amid prospects of higher-for-longer policy rates in the U.S. Brent crude oil futures rose over 1% to $94.94 per barrel. The rupee fell to a low of 83.24 on Wednesday.

Adam Britton, a well-known crocodile expert from the UK, confessed to raping and killing dogs, a BBC report said. Taking his monstrous conduct to a new low, this naturalist, who has worked with the BBC and National Geographic, would record his obscene behaviour and would post it online.

Toyota Motor plans to build a third car plant in India, expanding production capacity in the country for the first time in over a decade as its partnership with Suzuki Motor boosts domestic volumes, two sources said. The world's biggest car maker wants the plant to start with capacity of 80,000-120,000 vehicles a year, which could grow to around 200,000 over time, said one of the people who has direct knowledge of the plans. The plant's proposed initial capacity would expand Toyota's existing manufacturing capacity in India by as much as 30% from 400,000 units currently. Toyota has also begun development of a new sport utility vehicle (SUV) for the Indian market that would be launched in early 2026 and be an anchor product for the new factory, said the person and a third source briefed on the company's plans. The sources declined to be identified as the automaker has not disclosed the expansion plans. A representative for Toyota's India unit declined to comment. Toyota's India sales have soared due to a global partnership with Suzuki under which the two Japanese car makers take some vehicles originally developed by their partner, then tweak and sell under their own brands to fill out their product line-up. Cars originally from Maruti Suzuki's stable such as the Glanza hatchback and Urban Cruiser Hyryder SUV now account for 40% of Toyota's India sales. About two-thirds of Toyota's current production capacity is used by Maruti Suzuki to build vehicles for both car makers as part of their partnership. Toyota, known for its Fortuner SUV and Camry hybrid in India, told Reuters earlier in September it expects record domestic sales in 2023. The Japanese car maker is now aiming to have production capacity of 500,000

bonds for the first time, introducing ultra-long maturity debt to cater to the growing demand from insurance and pension funds. The new bond adds to the 30-year and 40-year tenor debt sold, extending the nation’s yield curve, according to a borrowing plan released by the Reserve Bank of India on Tuesday. The nation’s burgeoning life insurance and pension fund industries, driven by an expanding middle class, are changing the landscape for India’s $1 trillion sovereign debt market. The sale reflects their growing heft, and helps Prime Minister Narendra Modi’s government reduce its reliance on purchases by banks to fund record borrowings. “Investor demand has been strong, supported by the expansion of the formal sector, with households allocating a higher share of financial savings in life insurance, pensions and provident funds,” Gaura Sen Gupta, economist at IDFC FIRST Bank wrote in a note. The authorities are trying to increase the tenure of debt sold and expect yields to decline after India’s inclusion in JPMorgan Chase & Co.’s emerging market index, a government official, who didn’t want to be named, told reporters. The government will sell 300 billion rupees ($3.6 billion) of the 50-year bond in the October to February period, which accounts for almost 5% of its total borrowings.

midcap stocks took center stage by reaching new all-time highs. These remarkable performances by a diverse range of companies reflect the strength and potential of the midcap segment. While these stocks are currently riding high, it's crucial to remember that the stock market is subject to fluctuations. The data was sourced from StockEdge at 1:05 p.m., and the updates from the real-time data could come with a lag.

Anant Jeet Singh added another medal to India's tally at the Asian Games, securing a silver medal in the men's skeet individual final on Wednesday. He got 58 points. The gold medal was bagged by Kuwait's Abdullah Alrashidi, who scored 60 points to level with the world record held by India's Angad Vir Singh.

This article is part of our Summer reads series. Visit the full collection for book lists, guest essays and more seasonal distractions. The ruling by America’s Supreme Court in June that in effect banned universities from using racial preferences in admissions sparked two lively debates.

Mint delves deeper into the development. Yes. They have been saving less and borrowing more to spend.

Bharti Airtel Ltd, part of the telecom space, has given a breakout from a double bottom pattern in August 2023 and is sustaining above the same which indicates crucial support for the stock. The neckline of the double bottom pattern was placed at Rs 900. The stock closed at Rs 911 on 22 September 2023. As long as the stock holds above this crucial support, a bounce back towards 980-1000 levels is possible, suggest experts. Bharti Airtel, which is also part of the S&P BSE Sensex, hit a high of Rs 877 in November 2022 but it failed to hold on to the momentum.

Paint Revamp: The old Paint app is getting a generative AI powered upgrade with the Windows 11 Copilot and the Redmond-based company is promising features like AI for drawing and digital creation, background remover and more. Moreover, Microsoft has also announced that Paint Cocreator preview will start rolling out to Windows Insiders users from today while it will be available to general public in the coming days. Cocreator will help users generate unique images by entering a text prompt and selecting a style.

rupee ended 8 paise lower at 83.23 a dollar. The rupee hit its record level of 83.29 in October 2022. Also Read: India could be the largest beneficiary: JPMorgan CEO explains why as companies look options beyond China Asian currencies were mostly weaker with the Korean won leading losses.

Nepal exhibited remarkable prowess, amassing a formidable total of 314/3 within the allotted 20 overs. This remarkable achievement surpasses the previous highest T20I total, which stood at 278/3, set by Afghanistan against Ireland in 2019. Furthermore, Nepal's batsmen showcased their power-hitting abilities by launching an astounding 26 sixes in a single innings.

“The market is witnessing robust traction in the small and mid-cap space and these indexes are consistently outperforming the broader benchmark, given the strong buying momentum,” says Raghvendra Nath, MD, Ladderup Wealth Management Pvt. Ltd. In an interview with ETMarkets, Nath said: “Small and mid-cap space encompasses a variety of choice picks indicating stellar growth and return possibilities, amid the fast-growing economic landscape in India. These factors are, synergistically, driving interest in the space” Edited excerpts: What a month for Indian markets – Nifty climbed 20,000 and then saw some profit-taking. How are you seeing markets? Given the overall positivity in sentiment post the successful G20 presidency, which is expected to propel Indian economy to the forefront of the global arena, as well as lower CPI and wholesale inflation, domestic indexes are likely to continue their strong performance going ahead.

Asian Games here on Wednesday. The trio of Ashi Chouksey, Manini Koushik and Sift Kaur Samra shot a total of 1764 points in the qualification to finish second on the podium.