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The union representing 3,700 employees at Metro Inc. says the grocery chain needs to immediately reinstate the $2 hourly wage increase that grocery workers received during the pandemic if it wants to end a strike that has shut down 27 supermarkets in and around Toronto for four days.

Elon Musk's social media platform X is aiming to challenge a verdict by an Indian court, which stated that the platform failed to comply with government directives to take down certain content, reported Reuters. The company asserts that this ruling might empower New Delhi to block additional content and expand the possibilities of censorship. X, previously recognized as Twitter, attempted to reverse official mandates in July 2022, requiring the deletion of specific material from its platform.

A US congressional committee is investigating BlackRock Inc. and MSCI Inc. for allegedly helping to facilitate American investment into Chinese companies that the government has blacklisted for human rights abuses and aiding the military.

Global stocks dropped as Fitch Ratings’ downgrade of the US sovereign credit grade spurred a rapid retreat from riskier assets.

When your clients are discussing their retirement plans with you, they may be thinking of relocating outside their current state, but are they planning to make a bad move?

unemployment rate fell last month mainly due to increased demand for agricultural labour in rural areas with the onset of the monsoon season. According to a report published by Bloomberg citing Centre for Monitoring Indian Economy(CMIE) data for the month of July, the total joblessness rate fell to 7.95% in July, from 8.45% in June The seasonal monsoon rains have covered the entire country and it is critical as the monsoon rains water nearly half of the country's agricultural land have raised the expectations of higher production in farm products and also helping in economic growth.

₹19.99 lakh (ex-showroom), available in five colors and three variants. Notably, the top-spec ZX variant of the Toyota Innova Crysta now reflects a ₹37,000 hike, resulting in a new ex-showroom price of ₹26.05 lakh. Similarly, the VX variant in both seven-seat and eight-seat configurations has seen a price revision of ₹35,000, leading to a new price range of ₹24.39 lakh to ₹24.44 lakh (all prices, ex-showroom).

Brookfield India Real Estate Trust has raised Rs 2,305 crore by selling units to institutional investors on private placement basis and will mainly use this fund for acquisition of two assets in Gurugram and Mumbai. In a regulatory filing, Brookprop Management Services Pvt Ltd, which is manager to Brookfield India REIT, informed that the issue committee has approved the allotment of 9,13,01,349 units to 64 successful eligible institutional investors, at the issue price of Rs 252.50 per unit. The names of investors were not disclosed.

Glencore, one of the largest coal miners in NSW, is urging the state not to hike coal mining levies in a “revenue grab”, as the Minns government mulls following Queensland’s lead on higher coal royalties.

yields turned Indian mutual funds (MF) into large buyers of government debt in July, with the trend expected to continue on bets that bond yields are nearing their peak, at least two fund managers said on Wednesday. «The 10-year yield moving above 7.15% has made it attractive and people want to capture this move,» said Murthy Nagarajan, head of fixed income at Tata Mutual Fund said. An increase in inflows into debt schemes allowed MFs to invest in longer term bonds, the best option to put in large sums in the debt market, Nagarajan added, saying he does not expect yields to move sharply in near future.

PepsiCo India expanded its plastic waste management program to Agra, the company announced on Wednesday. This campaign focusses on education and awareness around plastic circularity. In partnership with The Social Lab (TSL) and the Agra Nagar Nigam, Pepsico's "Tidy Trails" program will share practices related to plastic waste management with shopping establishments.

Rajya Sabha MP Sanjay Singh on Wednesday said the Government of National Capital Territory of Delhi (Amendment) Bill, 2023, which seeks to replace the Delhi services ordinance, will not survive in the Rajya Sabha. All members of the opposition bloc INDIA will oppose the proposed legislation in the Upper House, he told PTI video. Tabled by Minister of State for Home Affairs Nityanand Rai, the proposed legislation will reverse the effect of a Supreme Court verdict that gave the elected government of Delhi power over administrative services in the national capital.

Sudip Bandyopadhyay, Group Chairman, Inditrade Capital, says if somebody is a long-term investor with one year plus time horizon, UPL is a fantastic buy and they should have it in their portfolio. They are one of the largest agrochemical players in the world. They have a very geographically diversified business which is fantastic for this space and they are doing all the right like dthings ebt reduction, cost cutting, inventory liquidation.For long-term investors, is UPL a good stock to buy in the sense of the kind of guidance they give? They talked about the second half improvement, cost cutting measures, all of that. In this 50% fall from top, do you think everything is priced in?Absolutely.

India's edible oil imports in July rose to a record 1.76 million metric tonnes as refiners built up stocks for upcoming festivals given uncertainty over supplies from the Black Sea, five dealers told Reuters. Higher purchases by the world's biggest importer of vegetable oils could help to lower palm oil stocks in Indonesia and Malaysia and support benchmark futures. They would also strengthen soyoil futures and could reduce inventories in sunflower oil-producing Black Sea countries.

Amazon.com Inc. and Alphabet Inc. to bid in a media rights auction of its team’s games amid waning interest from firms who had recently competed fiercely for the wildly successful Indian Premier League. The proposed starting date of the auction process for the media rights of the so-called bilateral series, played by the Indian team against other countries, for the next five years is postponed by at least two weeks as the Board of Control for Cricket in India reaches out to more firms to drum up interest in the property, according to people familiar with the matter. The lukewarm response by media firms ahead of the auction highlights the struggle to make money amid weak advertising revenues, with the shorter-format IPL being the top cricket property garnering higher viewership over the years. The sale process is running two weeks behind a timeline suggested by its adviser, Ernst & Young, under which auctions would have been completed by August end, they said. EY expects the sale of rights to 102 matches to raise at least $750 million, almost the same price for what it was sold five years back, the people said, asking not to be named as the information is not public. In contrast, the rights to IPL, which was auctioned last year, had surged almost threefold from the previous offering. The IPL remains one of the world’s most popular sporting contests and is still garnering the most eyeballs among cricket events. Last year, BCCI raised record amounts of money by selling media rights for the IPL through an auction as Viacom 18 Media Ltd., controlled by billionaire Mukesh Ambani, and Walt Disney Co. outbid rivals, including Sony Group Corp.

The High Court has opened the door to tougher penalties for corporate offending after rejecting a fine of $1.35 million for engineering firm Sinclair Knight Merz (SKM) in a foreign bribery case.

A class action against collapsed engineering group RCR Tomlinson will make a second attempt at mediation this month as investors question why the lawsuit has taken almost five years to resolve.

Ashish Dhawan added Religare Enterprises to his portfolio in the quarter ended June 2023 while he likely exited two companies — Birlasoft and Zensar Technologies. Dhawan picked up a 1.66% stake in Religare Enterprises (REL) — a diversified financial services group giving services across verticals viz. loans to SMEs, affordable housing finance, health insurance and retail broking.

Titan which imploded during an exploration mission to the historic Titanic shipwreck, OceanGate Expeditions' co-founder, Guillermo Sohnlein has announced his ambitious plans to send people to space. He unveiled his latest venture, «Humans2Venus,» aiming to send people to the enigmatic planet Venus by the year 2050.

₹87,295 crore to banks and financial institutions, according to the Union Finance Ministry. Fugitive Mehul Choksi's Gitanjali Gems is the biggest wilful defaulter owing ₹8,738 crore to banks, followed by Era Infra Engineering Limited owing ₹5,750 crore, REI Agro Limited ₹5,148 crore, ABG Shipyard Limited ₹4,774 crore, and Concast Steel and Power Limited ₹3,911 crore. Other wilful defaults are Rotomac Global Private Limited ₹2,894 crore, Winsome Diamonds and Jewellery Limited ₹2,846 crore, Frost International Limited ₹2,518 crore, Shri Lakshmi Cotsyn Limited ₹2,180 crore, and Zoom Developers Private Limited ₹2,066 crore.

Launched in October 2018, Mint’s macro tracker provides a monthly comprehensive report on the state of the economy, based on trends in 16 high-frequency indicators. For each indicator, the value in each month is assigned a colour-coding (red, amber and green) to denote where it lies relative to the five-year average (worse, in line, or better).