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Car sales in India are estimated to scale new highs in September taking the monthly, quarterly and first half (fiscal year) volumes to a record high. Fueled by an encouraging consumer demand in the ongoing festive season and spate of new model launches in the SUV segment that has helped sustain buyer interest, car makers are likely to dispatch around 365,000-370,000 units in September 2023 implying a growth of 3-4%, according to the industry sources.

Retailing billionaire Solomon Lew is reigniting the offshore growth plans of the fashionable stationery chain Smiggle after it was hit hard in the COVID-19 pandemic where it shut 30 stores in the United Kingdom.

MRF Ltd. The case relates to the National Company Law Appellate Tribunal's (NCLAT's) December order asking the CCI, India's anti-monopoly watchdog, to reconsider and recalculate the fine it imposed on tyre companies over alleged cartelisation and price manipulation. A bench led by Justice Sanjiv Khanna issued notice on Monday to the CCI, and also tagged the MRF's appeal with that of the one that the CCI had made, ET has reported.

I am a 24-year-old mechanical engineer employed in a private firm. I have to take care of my parents as they have no savings. We live in our own house and my CTC is Rs 5.5 lakh. I have a Rs 20,000 monthly SIP in mutual funds, in addition to about Rs 4 lakh in my bank savings account. I would like to study for a master’s degree abroad and would need Rs 25 lakh in the next 2-3 years. Please advise on how to achieve this. Adhil Shetty, CEO, BankBazaar: You have two requirements: to arrange funds for your education abroad, and to support your parents in the interim.

(Reuters) — European shares edged higher on Thursday, supported by gains in energy stocks as oil prices rallied while investors awaited inflation data from Germany, the euro zone's biggest economy.

Wordle is a globally popular web based game owned by The New York Times and designed by Engineer Josh Wardle. Josh Wardle earlier designed the puzzle for his wife who loved word games. Later on, it was made publicly accessible when NYT bought it for six figures. Wordle is a word puzzle game with limited chances to crack the puzzle. It resets every midnight and brings new word puzzle challenges every day. Wordle is free to play and is globally accessible. It is available at The NYT website. It does not require any fishy log ins or sign ups. Earlier, a previously played Wordle dictionary was available at the website. However, it has been taken down. Wordle is loved by millions of people for its unique play of words. People across the globe play Wordle and maitain their winning streaks.

The shortage of new housing is worse than forecast, but a backlog of construction work will support a rebound in profits at bricks and roofing producer Brickworks, says managing director Lindsay Partridge.

«We would like to sustain this growth in asset under management and we intend to touch the figure of Rs 5 lakh crore in the current financial year,» says Vivek Kumar Dewangan, CMD, REC. Now, firstly, you have signed many project-level MOUs as we understand and now this Rs 5,000 crore co-finance plan with PNB as well. What is the realistic visibility of disbursements that you foresee for both FY24 and FY25? Yes, in fact, when we had organised this Green Finance Summit on the sideline of G20 event at Goa, we got a huge response from the renewable energy developers, technology providers and the manufacturers and we were able to sign MOUs worth 2,86,000 crore. And Government of India has also allowed us to diversify into infrastructure and logistics, that is another area where we are focussing and government has allowed us that 33% of our loan book could be from infrastructure and logistics. So, we are joining, we are having collaboration with a number of financial institutions like PNB also and SBI and others.

air pollution may be linked to an increased risk of stroke, according to a study. The meta analysis, published recently in the the journal Neurology, defined short-term exposure as occurring within five days of the stroke. A stroke can cause lasting brain damage, long-term disability, or even death.

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GST) revenue has served ICICI Lombard with a show cause and demand notice for allegedly not paying Rs 1,728.9 crore worth of tax for five years from July 2017 till March 2022. «The alleged demand and the impugned Show Cause Cum Demand Notice pertain to non-payment of GST on the co-insurance premium accepted as follower in case of coinsurance transactions and non-payment of GST on re-insurance commission accepted on the reinsurance premium ceded to various Indian and Foreign reinsurance companies during the period July 2017 to March 2022,» the general insurance company said in a stock exchange filing. The notice was served on September 27. ICICI Lombard said the show cause cum demand notice pertains to industry-wide concerns, and following advice from its tax advisors, the company will submit a suitable response within the specified deadlines. ET had reported in July that the Directorate General of GST Intelligence, which was investigating 30 insurance companies for alleged GST evasion, had completed the investigation into 15 of them, detecting input tax credit discrepancies to the tune of Rs 3,500 crore so far.

Mayuresh Joshi, Head-Equity Research, India, William O'Neil, says “the commentary surrounding order wins by IT companies remains extremely strong because the targeted bucketed list that they probably have between a million dollars to five million and to ten million for midcap IT companies those order wins and those transformational deals when it comes to AI and the associated space is there itself still continues at a rapid and a very good pace. The other space, ER&D, where a lot of companies like a KPIT, Tata Elxsi, Sonata have done well and continue to do well.” Is a move on Reliance sustainable and are there enough fundamental triggers in place? Singapore GRMs have come off in the last few weeks and therefore the refining segment for the better part of the second quarter and the third quarter, will stay at these levels and can be under some sort of pressure. But we all know that Reliance has access to multiple feedstocks and even if Singapore GRMs have corrected to around $6.5, an outperformance of $2 to $3 to say the least can be expected from Reliance.

Hangzhou: The men's 10m air pistol team continued India's success story at the Asian Games here, winning gold with two marksmen also making it to the individual finals on Thursday. The team of Sarabjot Singh, Arjun Singh Cheema and Shiva Narwal narrowly beat the Chinese team to take the top podium and earn India its fourth gold medal from the shooting ranges.

Jammu and Kashmir this year so far, police officials said on Wednesday. The joint operations were carried out by the Army, Police, SSB, Border Security Force (BSF), and Central Reserve Police Force (CRPF) at different places in Jammu and Kashmir. «In the year 2023, a total of 31 terrorists have been killed in joint operations in Kashmir so far.

(Exciting news! Mint is now on WhatsApp Channels. Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) As per the report, there were 149 million persons aged 60 years and above in 2022 (as of 1 July), comprising around 10.5% of the country’s population. And, by 2050, this population will double to 20.8%, with the absolute number at 347 million.

Meitei and Kuki communities since May 3, the Manipur government is likely to adopt a ‘one district, one force’ arrangement for better coordination of security forces. According to the arrangement, one paramilitary force will be responsible for maintaining a law and order situation in one district, Hindustan Times reported. A security official in Delhi informed that news outlet that the move will potentially reduce the possibilities of conflicts among forces in Manipur.

Lithium Power International is in exclusive negotiations to sell itself to Chile’s state-owned copper mining company as the South American country moves to take control of significant resources projects.

OpenAI temporarily disables ChatGPT's internet browsing feature: Here's why Notably, ChatGPT iOS users had received the update providing web browsing abilities as early as June but the company had to soon halt the feature after users started making use of the chatbot to access paywalled content. ChatGPT Plus and Enterprise can enable the Browse with Bing extension in the selector under GPT-4.

In the year ended March 2023, Haldiram's snacks sales hit ₹9,215 crore ($1.1 billion), a 19% increase from a year ago, according to Nielsen data cited by industry officials. In comparison, PepsiCo's snack sales were ₹6,430 crore ($773 million) while Gujarat-based Balaji Wafers took in ₹5,296 crore ($637 million). Haldiram's overtook PepsiCo about five years ago to become the country's largest snack brand, and has since widened the sales gap.

By Marion Giraldo

Morgan Stanley has raised price targets on shares of large-cap and mid-cap Information Technology stocks. The brokerage’s top picks in the sector are HCL Technologies, LTIM, Infosys, and Cyient.