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NFL owners have approved a rule allowing private equity investors in their teams

Panama Canal is lifting restrictions that caused a global shipping bottleneck as water levels normalize after a severe drought. The Panama Canal Authority increased the draft in the waterway to a maximum 50 feet and will allow 36 vessels a day to transit after recent rains lifted water levels at an artificial lake that forms part of the canal system, administrator Ricaurte Vasquez told reporters Monday. The agency expects rains to continue through November, further lifting water levels, he said. The canal handles about 3% of global maritime trade volumes under normal circumstances, and 46% of containers moving from Northeast Asia to the US East Coast. The channel is Panama’s biggest source of revenue, bringing in nearly $5 billion last year.

JN Tata Endowment (JNTE) for higher education abroad will continue to enjoy income-tax exemption, despite offering loan-scholarships for Indian students to study overseas, reported TOI. Founded in 1892 by Tata Group founder Jamsetji Tata, JNTE annually selects 90 to 100 students for merit-based loan scholarships. The scholarships span various disciplines, including applied sciences, management, and the arts, allowing students to pursue their studies outside India. As per JNTE’s official policy, scholars sign a seven-year agreement with the foundation, repaying the loan in five equal instalments between the third and seventh year. JNTE currently manages a corpus of Rs 200 crore.

lacklustre on Tuesday, August 27, as optimism about the start of the US rate cut cycle was clouded by persisting geopolitical tensions in the Middle East. Benchmark Nifty 50 closed at 25,017.75, up 7 points, or 0.03 per cent, while the Sensex settled 14 points, or 0.02 per cent, up at 81,711.76. However, the mid-and small-cap indices on the BSE rose about half a per cent each, lifting the overall market capitalisation of firms listed on the BSE to a record ₹463 lakh crore.

Three of the nation's largest retailers — Dollar General, Dollar Tree and Kroger — charge fees to customers who ask for "cash back" at check-out, amounting to more than $90 million a year, according to the Consumer Financial Protection Bureau.

NC) on Tuesday released a second list of candidates for the upcoming assembly election in Jammu and Kashmir, which included the name of former chief minister Omar Abdullah as its candidate from Ganderbal constituency in central Kashmir. After his release from a year-long detention in 2020, following abrogation of Article 370 in August 2019, Abdullah had claimed that he won't contest elections unless statehood was restored to J&K. However, when the assembly election was announced recently, his father Farooq Abdullah and other party members started stressing on the importance of Omar contesting the polls. Abdullah, too, in his recent press interactions, said that «not fighting the elections could be a mistake». He was also quoted as saying, «It won't be right to seek votes when I won't be contesting the elections.»

Supreme Court Tuesday granted bail to Bharat Rashtra Samithi (BRS) leader K Kavitha, an accused in the alleged irregularities linked to the Delhi government's now-scrapped excise policy. «Investigation is complete and chargesheet has been filed. Custody of Kavitha is not necessary,» a division bench headed by Justice BR Gavai said. «The likelihood of trial being concluded in the near future is impossible. As said in various pronouncements of this court, undertrial custody should not turn into a punishment,» it ruled. The bench took exception to the Delhi High Court's observation that an educated, sophisticated woman is not entitled to bail under the beneficiary provision for women under the Prevention of Money Laundering Act. The high court had made the observation while turning down the bail plea of Kavitha, an ex-MP and daughter of former Telangana chief minister K Chandrashekhar Rao. The high court in July held that she was not a vulnerable person.

new Champions League format this season will see more teams playing more games for more prize money. On Thursday, the Union of European Football Associations makes the draw in Monaco for the match schedule of the new single-standings league phase that replaces the traditional group stage. The first new Champions League format since 2003 promises more of almost everything that Europe's wealthiest and most influential clubs wanted from UEFA. There are four more places in a 36-team lineup; at least eight games each instead of six; Champions League games scheduled in January for the first time; a prize money rise of at least 25% to a minimum of 2.5 billion euros (USD 2.8 billion). There also was more evidence, at UEFA's European Championship this summer, that constant expansion of international competitions is leaving players tired and unable to perform at their best year-round. The new league phase in European club soccer's marquee event will have 144 total games compared to 96 in the group stage last season.

K Kavitha walked out of the Tihar jail on Tuesday evening after being granted bail by the Supreme Court. She was arrested by the Enforcement Directorate (ED) in an alleged money laundering case linked to the Delhi excise policy scam. «Entire country knows I was put in jail for political reasons. I have done nothing wrong,» said Kavitha upon release.

Sovereign Gold Bonds (SGBs) that mature between October 1, 2024 and March 31, 2025. ET explains what it means for investors in this government-backed instrument.

Tata Technologies through its investment arm Rise Climate Sf Pte Ltd via a block deal. The US-based private equity firm held 9% stake in the company as on June 30, 2024. TPG sold the shares at a price of Rs 1,014.16 per share which was at a discount of 3.2% over Monday closing price of Rs 1,048.65.

proxy advisory firm Glass Lewis has advised the shareholders of Godfrey Phillips to vote «against» the special resolution seeking the reappointment of Bina Modi as Managing Director at the Annual General Meeting on September 6. Glass Lewis has backed Samir Modi's presence on the board. Godfrey Phillips India has scheduled its Annual General Meeting on September 6, 2024, in which it has put five ordinary resolutions and one special resolution for approval from its shareholders. As Bina Modi's remuneration exceeds the limits of Rs 5 crore or 2.5 per cent of the net profits of the company, Godfrey Phillips requires a special resolution, which has to be passed from a super majority of 75 per cent of the total votes polled.

technical analysis, I often seek stock insights from my technical analyst friends. I like to know which stocks they’re bullish on and then apply my fundamental filters to them. Recently, one of my technical analyst friends expressed strong bullish sentiments about Shriram Properties, going so far as to predict it could become a potential 10-bagger.

Mint looks at the pros and cons of all three: It is a new hybrid pension scheme for government employees that, like OPS, guarantees an assured monthly pension of 50% of their last drawn salary before superannuation while retaining the contributory element of the NPS. The employee contributes 10% of their salary while the government puts in 18.5%. It factors in inflation through dearness allowance hikes.

Venkat Nageswar Chalasani, Chief Executive, AMFI, says 9.34 crore is the total number of accounts and Rs 24,000 crore is the total amount that has been raised in this particular month. If you derive that number, 24,000 divided by 9.33, it will be around Rs 2,500. So, it is just a mix. Some people are investing around Rs 1,00,000 and some people would be putting around Rs 500 to Rs 600 per month. The average, as I said, is derived and works out to around Rs 2,500. But this number is also growing. One year back, it was around Rs 2,200, today it is Rs 2,500. My sincere compliments for all the great work which the Association of Mutual Funds of India (AMFI) is doing. Venkat Nageswar Chalasani: Thank you very much. Retail investors are coming into the mutual fund fold. In fact, on the SIP front, there are around 9.33 crore accounts as we speak now. The AUM under SIP is around Rs 13 lakh crore, around 20% of my total AUM.

NEW DELHI: The Union Budget 2024-24, presented on 23 July in Parliament, streamlined taxation of most financial assets—but not real estate. Taxation rules for real estate are still the most complex among all financial assets.

The popular airport parking service Park’N Fly is warning Canadian customers that their personal information may have been compromised in a data breach last month.

Breakout stocks to buy or sell: Following strong global market sentiments on the US Fed rate cut buzz, the Indian stock market finished on a higher note on Monday. The Nifty 50 index regained the psychological 25,000 peak and ended at 25,010. The BSE Sensex surged 611 points and closed at 81,698, while the Bank Nifty index finished 214 points higher at 51,148.

iPhone 16 and iPhone 16 Plus from rumours and leaks so far. Please note that these are not confirmed specs and could change before the launch.Rumours have it that Apple is planning to make a few changes to the design of the iPhone 16.

Affle India's stock has made a significant move on its weekly chart by breaking out of a three-year consolidation zone around the ₹1,515 mark. The stock has convincingly surpassed its previous high of ₹1,511, turning this resistance into a new support level at ₹1,500. The rally that began in March 2024 has been robust, breaking through key resistance levels at ₹1,400 and ₹1,511.

Crypto All-Stars ($STARS) continues to hit big, having already raised over $770,000 in capital through fundraising efforts.