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₹122.52 billion ($1.48 billion) in August. FIIs emerged as net sellers in August on the back of a stronger dollar and high US bond yields. The domestic institutional investors (DIIs) emerged as net buyers in August and extended their buying spree in the first session of September as well.

The ongoing year-to-date rally on Wall Street is showing signs of exhaustion amid fresh uncertainty over the Federal Reserve’s outlook for interest rates and as recent data has painted a worrying picture of the economy.

Jyotiraditya Scindia on Friday said now is the time for aerospace players to look at leveraging the opportunities in the country. Amid the global aviation segment facing headwinds of geopolitical issues and supply chain woes, the civil aviation minister also said India is the «promised land» that can help offset the risks. The minister was speaking at the International Aerospace Conference on the theme 'Moving Towards Inclusive Global Value Chain' in Gwalior, which is also his home constituency. The country is one of the fastest aviation markets in the world, Scindia said adding that the number of air passengers is expected to reach 42.5 crore by 2035 from the current level of 14.5 crore. «India has tremendous capabilities, possibilities for all of you (aerospace players)… Time has come for all of you to think afresh,» he emphasised.

Asia Cup 2023: The India vs Pakistan match is less than 24 hours away and a high level of excitement is running across the cricket fans in both nations. The intense rivalry is not new, it goes back more than 70 years when India and Pakistan played their first match in October 1952 after the horrific partition. The Indian team led by Lala Amarnath crushed Pakistan in the Test match by an innings and 70 runs.

2023 college football season kicks off with an exciting matchup between the No. 11 Texas Longhorns and the Rice Owls on Saturday afternoon. Both teams have high hopes for the season ahead, each with their own goals and aspirations. For the Longhorns, this season represents a chance to make history by earning their first-ever trip to the College Football Playoffs. In the previous year, Texas finished with a record of 8-5, and remarkably, all five of their losses were decided by just one possession. They are determined to turn those close defeats into victories this season and make a strong playoff push. On the flip side, the Rice Owls had a different journey in 2022, finishing with a record of 5-8. However, they managed to secure a spot in a bowl game, which is always an achievement in college football. Unfortunately, their bowl appearance ended in disappointment as they fell to Southern Miss with a final score of 38-24 in the LendingTree Bowl. As both teams take the field on Saturday, they are eager to set the tone for the 2023 season. For the Longhorns, it's about building on their potential and reaching new heights, while the Owls aim to improve on their previous season's performance and make their mark in college football. Fans can expect an intense and competitive game that will kickstart an exciting season of college football action.

The figure is an almost 68% plunge from the $1.4 billion that venture capital firms deployed across 263 rounds in August 2022. Volume-wise, it’s a nearly 70% crash.

BJP, Prime Minister Narendra Modi's big move to push through his 'one-nation-one-election' concept promises to be the big ticket idea which can disrupt conventional calculations and allow it to frame the upcoming Lok Sabha polls along helpful lines as the party believes the issue has the potential to catch popular imagination. The government's decision on Friday to form a committee under former president Ram Nath Kovind to explore the feasibility of simultaneous elections promises to turn the matter, which has long animated the prime minister, into a weighty political plank in the run-up to five state assembly polls followed by the all-important Lok Sabha elections. Coming as it does a day after the government announced a «special session» of Parliament between September 18-22, the development has fuelled buzz about the possibility of early Lok Sabha polls, even though no official agenda for the legislature's meeting has been put out so far. Despite uncertainty about how the issue will pan out and if the government will take it up during the session, most BJP leaders sounded confident about its implications for the party. With the party's performance in state polls often inferior to its show in Lok Sabha elections, its leaders are of the view that simultaneous Lok Sabha and state assembly polls will result in overarching national issues and 'Modi factor' to play a bigger role, stripping regional agenda and leadership of some of their sway. Generally, it is the regional parties, and not the main opposition Congress, which have proved more resilient and successful in fighting the BJP.

Ram Nath Kovind, the committee has been tasked with exploring how the country could go back to having simultaneous Lok Sabha and state assembly polls, as was the case till 1967. The terms of at least ten state Assemblies will end before or around the scheduled time for the general elections in 2024. While Assembly elections in five states — Madhya Pradesh, Rajasthan, Telangana, Mizoram and Chhattisgarh — are due by the end of this year, polls in Andhra Pradesh, Arunachal Pradesh, Odisha, Sikkim and Jharkhand are likely to be held along with the Lok Sabha elections. The tentative schedule of the completion of the terms for various states and Union Territories are listed below. 1. Mizoram: December 2023 2. Chhattisgarh, Madhya Pradesh, Rajasthan, Telangana: January 2024 3.

By Ziyi Tang, Clare Jim and Xie Yu

By Natalie Grover

Nifty on Friday moved above the 21-EMA after a gap of several days and formed a long bull candle on the daily charts. On the weekly charts, a reasonable bull candle with minor lower shadow was seen. After showing a false downside breakout of 19250 levels on Thursday, the market seems to have reversed sharply on the upside, said Nagaraj Shetti, Technical Research Analyst at HDFC Securities. The formation of a bullish pattern-like inverted hammer of last week seems to have confirmed this week with sizable upside bounce in the market.

Grocery workers on strike from more than two dozen Metro Inc. supermarkets in the Toronto area have accepted a tentative agreement that ends a month-long labour dispute that shut down stores and temporarily blocked deliveries of meat and produce around the province.

Madhya Pradesh Congress chief Kamal Nath said on Friday it is not possible to do so without taking the nod of state assemblies. The Centre has tasked former President Ram Nath Kovind with the responsibility of heading a committee to explore the feasibility of "one nation, one election", opening the possibility of Lok Sabha polls being advanced so that they could be held with upcoming assembly elections in many states, including MP. «There is a need for a constitutional amendment for it.

Huawei and Alibaba for approvals related to models that can be used to manipulate visual and audio data. The firms, according to a list published on Friday by the Cyberspace Administration of China (CAC), are seeking the approvals to comply with rules set out in December by the CAC that govern the use of deepfake technology.

Anshu Kapoor, President & Head, Nuvama Asset Management, says there are two drivers. The number one driver itself is the humongous pool of savings now available to the markets today. So, Indians save about $750 billion a year, that is Rs 60 lakh crore every year. A part of that savings obviously gets channelized into equity markets and other risky assets as we call them. But as wealth increases, demand for alternative avenues also increases and customers are asking why cannot we also access the next best unlisted companies of India? Why can’t we access commercial real estate or infrastructure assets? Emerging or evolving awareness about these products and asset classes is a big driver.”We have been seeing good flows in PMS and mutual funds from tier II, tier III cities and towns. But now we are seeing equally high interest in alternatives as well. What is driving this much more renewed awareness of investors from tier II, tier III cities and towns vis-a-vis financial assets?It is an interesting development that all of us are taking note of and I must say that the whole asset management industry is in a structural bull run.

Indian stock market indices declined in the month amid volatility and selling by foreign institutional investors (FII). The benchmark indices Nifty and Sensex fell 2.5% each last month dragged by selling in banking, financials, FMCG and energy sectors. After persistent buying for five consecutive months, the FIIs turned net sellers in the Indian equities last month.

Ganesh Chaturthi, commemorating the birth of Lord Ganesha is set to commence from September 19 this year. Lord Ganesh is a revered deity who has been associated with wisdom, prosperity, and good fortune. Lord Ganesha is known by various names including Gajanana, Dhoomraketu, Ekdanta, Vakrtunda, and Siddhi Vinayaka.

Covid-19 pandemic, governments, businesses and households became addicted to low interest rates, gorging on debt to fund everything from expensive new cars to crisis-fighting stimulus and leveraged buyouts. That era was a product of the sluggish, low-inflation environment that prevailed after the 2007-09 global financial crisis, and now it is over. As investors have come to that realization in recent weeks, long-term bond yields have risen to 15-year highs.

GST) revenues for August 2023 have shown a growth of 11 percent year on year due to increased compliance and less evasion, Revenue secretary Sanjay Malhotra said on Friday as reported by PTI. In August 2022, the collection from GST was ₹1,43,612 crore. "Roughly numbers are in the range of 11 per cent year on year growth as in earlier months," Malhotra told reporters as quoted by PTI.

Recent images released by NASA have confirmed the aftermath of Russia's Luna-25 mission, which ended in failure last month with a crash landing on the moon. These images reveal a substantial 10-meter wide crater on the lunar surface, attributed to the Luna-25's uncontrolled descent.

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