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real-time basis amid a spike in banking frauds, people familiar with the developments said. The list includes lawyers, builders, and gold loan appraisers among others colluding to secure loans through fraudulent means, they said. «The issue was discussed at a meeting (last month) with the Advisory Board for Banking and Financial Frauds (ABBFF), and it was decided that it will be made mandatory for the lenders to check this list before dealing with such entities and further update it on a real-time basis,» a senior bank executive told ET. He said the list is likely to be expanded as banks comply with the latest guidelines on fraud classification issued by the Reserve Bank of India (RBI) on July 15.

₹21,999 for the entry-level variant, which includes 8GB of RAM and 128GB of internal storage. For those requiring more space, the higher-end model, featuring 8GB of RAM and 256GB of storage, is available at ₹23,999.

My client was very happy with his portfolio returns. Over the last two years, he had made a cool 30% internal rate of return (IRR).

Karnataka Chief Minister Siddaramaiah’s position has become shaky because of the internal confusions in the ruling Congress as well as the non-performance of the government over the past year, former Chief Minister and BJP Lok Sabha member (Haveri) Basavaraj Bommai said on Tuesday. Triggering instability while claiming everything was hunky dory was part of politics. This situation has now led to leaders openly expressing a desire to occupy the CM’s chair, the senior BJP leader told the media at Gadag, a major town in his Lok Sabha constituency. The jostling among the Congress leaders had given the impression that the coveted post has become unstable. «While they claim everything is fine, internally there is political backstabbing,» Bommai said, referring to how some of the heavyweights in the Congress party were removed overnight. He gave the examples of the way the late leaders, Veerendra Patil, D Devaraj Urs, R Gundu Ro and S Bangarappa were shown the door despite being formidable leaders with a large following. This kind of politics would continue, he said.

Officials say Lebanon’s controversial former central bank governor has been detained after being questioned in several corruption cases

Foreign direct investment in India jumped 47.8 per cent to USD 16.17 billion in April-June this fiscal on healthy inflows in services, computer, telecom and pharma sectors, according to government data. FDI inflows were at USD 10.94 billion in April-June 2023-24. The data showed that overseas inflows in May rose to USD 5.85 billion and in June to USD 5.41 billion from USD 2.67 billion and USD 3.16 billion, respectively, in the year-ago period. In April, FDI inflows were down marginally at USD 4.91 billion against USD 5.1 billion in April 2023.

SoftBank-backed OfBusiness, an Indian shopping website that offers raw materials to businesses, is planning an Indian stock market offering worth up to $1 billion and is close to appointing bankers, a top executive told Reuters on Tuesday. The company is in active talks with Bank of America, Citi, JP Morgan and Morgan Stanley to manage the offer and plans to list on the Indian bourses in the second half of 2025, its Chief Financial Officer Bhavesh Keswani said. The initial public offering is expected to total between $750 million and $1 billion, with about $200 million in new shares and the rest shares offered by existing shareholders to new investors, Keswani said.

LT Foods Ltd.(up 5.16%), Bajaj Consumer Care Ltd.(up 3.92%), Bikaji Foods International Ltd.(up 3.61%), Mrs. Bectors Food Specialities Ltd.(up 2.30%), Hatsun Agro Products Ltd.(up 1.91%), Zydus Wellness Ltd.(up 1.90%), Heritage Foods Ltd.(up 1.70%), Emami Ltd.(up 1.38%), Hindustan Foods Ltd.(up 1.32%) and Nestle India Ltd.(up 0.84%) stood among the top gainers.

The Israeli military says it has killed a Hamas militant who appeared in a widely viewed video from Oct. 7, where he was seen drinking from a bottle of cola in front of two children wounded in a grenade attack that had just killed their father

MakeMyTrip's ‘How India Travels Abroad’ report for the period of June 2023 to May 2024. Rajesh Magow, co-founder and Group CEO, MakeMyTrip, said with rising disposable incomes, greater exposure to global cultures, and the increasing ease of travel, more Indians are exploring both domestic and international destinations for leisure as well as business. «Our data attests to the growing confidence in exploring new destinations and indulging in different/ luxury experiences, which is also transforming the travel industry,» he said. «While domestic tourism remains buoyant, as noted in our previous report, our latest findings highlight the notable changes in international travel behaviour driven by macroeconomic factors that are fuelling the surge in travel among Indians. These trends present an exciting opportunity for the travel and tourism industry to innovate and cater to the evolving needs of Indian travellers,» he added.

IndiGo on Monday has started to operate 35 flights from the new building of the Terminal 1 of Delhi’s Indira Gandhi International Airport, reported TOI. Operations from the terminal were smooth, said officials. IndiGo and Spicejet have now partially shifted their operations at T1. «Flight operations were smooth after 35 IndiGo departures were shifted to the new T1 from Monday,» said an airport official.

international travel. A recent report by MakeMyTrip, covering the period from June 2023 to May 2024, highlights a significant rise in the number of Indians taking international trips, with a 32% growth in people going on two or more international journeys. Those taking three or more trips have grown by 37%, underscoring India's growing appetite for global travel.

Sikko Industries Ltd.(up 5.00%), Rama Phosphates Ltd.(up 2.87%), Agro Phos India Ltd.(up 2.47%), Gujarat State Fertilizer & Chemicals Ltd.(up 0.77%), Coromandel International Ltd.(up 0.63%), Aries Agro Ltd.(up 0.43%), Nagarjuna Fertilizers and Chemicals Ltd.(up 0.40%), Krishana Phoschem Ltd.(up 0.37%), Madhya Bharat Agro Products Ltd.(up 0.26%) and Rashtriya Chemicals & Fertilizers Ltd.(up 0.21%) were among the top gainers.

mutual funds have ruled the return chart in August. Mutual funds based on three defensives — pharma & healthcare, technology, and consumption — offered an average returns of 6.33%, 4.75%, and 2.97% respectively in the said period. Around 14 pharma & healthcare sector based mutual funds have been there in the said period. WOC Pharma and Healthcare Fund offered the highest return of around 9.37%, followed by UTI Healthcare Fund which gave 7.08% return in the same time period. Quant Healthcare Fund offered the lowest return of 5% in a similar time frame.

The International Longshoremen's Association, which has more than 47,000 members, said it had discovered that the gate was using technology to check and let in trucks without union workers, which it said violated its labor contract. «We will never allow automation to come into our union and try to put us out of work as long as I'm alive,» said Harold J. Daggett, the union's president and chief negotiator in talks with the United States Maritime Alliance, a group of companies that move cargo at ports.

Hero MotoCorp Ltd.(up 0.97 per cent), Bharat Forge Ltd.(up 0.46 per cent), Eicher Motors Ltd.(up 0.17 per cent), Mahindra & Mahindra Ltd.(up 0.04 per cent) and Maruti Suzuki India Ltd.(up 0.03 per cent) were among the top gainers.

IIM-Ahmedabad's one-year MBA programme for executives (PGPX) faced challenges this year amid a global slowdown, with the highest maximum earning potential (MEP) offered at Rs 54.8 lakh per annum, marking a six-year low. The highest-ever MEP of Rs 1.08 crore was recorded last year, while the average highest MEP from 2018 to 2022 was Rs 70.56 lakh. In addition, the median MEP increased from Rs 33 lakh in 2023 to Rs 35 lakh in 2024. Out of 147 students, 126 opted for placements, and 121 accepted offers, leaving five unplaced. This is the second instance since the pandemic year 2020 where five students did not secure their desired offers. Three students pursued entrepreneurship, and two joined their family businesses. A total of 105 recruiters participated, with 67 being first-time recruiters. The placement data was shared through the Indian Placement Reporting Standards (IPRS) report for IIM-A's PGPX programme.

IIT Bombay has completed final placements with an average annual package of Rs 23.5 lakh, a 7.8% jump from last year’s average of Rs 21.8 lakh but fewer students compared to last year have landed jobs during the process, a report released by the institute has revealed. In one of the most challenging years for placements to date, about 74.5% of the 1979 students who actively participated in the campus drive have got jobs, with 1475 job offers accepted. This is compared to about 82% last year when 1845 students actively participated and 1516 job offers were accepted. This is despite 364 companies making offers, compared to 324 last year. Seventy-eight international offers were accepted in both Phases of the IIT Bombay placements 2023 — 24, while 22 offers of above Rs 1 crore per year were accepted during this drive, according to data from the institute. Around 206 students received salaries of less than Rs 10 lakh.

silver December futures contracts were trading at Rs 84,426/kg, down by 0.15% or Rs 128. Gold prices have fallen by Rs 660/10 gm in the last 3 days while silver has dipped by Rs 2,600 per kilogram.

Legal & General Investment Management and Aviva Investors are among 80 institutions that have signed an open statement seeking an international framework and scientific panel to address the challenge of bacterial resistance around the globe. Antimicrobial resistance, also known as AMR, kills nearly 1.3 million people a year and occurs when germs become resistant to drugs. If left unchecked, it could lead to an estimated $1 trillion in additional healthcare costs by 2050, as well as a 3.8% loss of global gross domestic product and about 10 million deaths annually, according to a report published last month.

average annual package of Rs 23.5 lakh, a slight increase from last year's Rs 21.8 lakh. However, the packages offered were as low as Rs 4 lakh per annum, raising further concerns in the education industry. Ten students accepted job offers in the range of Rs 4 lakh to Rs 6 lakh per annum. Despite the 7.7 per cent rise in average compensation, fewer students were placed through the campus drive compared to the previous year, as per a report by the premiere institute. Further, the placement percentage recorded for the said year is not more than 75 per cent.