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PB Fintech, the parent company of Policybazaar, on Thursday, jumped 3.5% on BSE to its day’s high of Rs 1,796.55 after the company witnessed a likely stake sale of 2.1% equity at an estimated price of Rs 1,610 crore via a block deal. Reportedly, the seller in the transaction is Chinese multinational technology conglomerate Tencent. However, the official parties to the transaction are not currently known yet.

federal appeals court revived Sarah Palin's libel case against The New York Times on Wednesday, citing errors by a lower court judge, particularly his decision to dismiss the lawsuit while a jury was deliberating. The 2nd U.S. Circuit Court of Appeals in Manhattan wrote that Judge Jed S. Rakoff's decision in February 2022 to dismiss the lawsuit mid-deliberations improperly intruded on the jury's work. It also found that the erroneous exclusion of evidence, an inaccurate jury instruction and an erroneous response to a question from the jury tainted the jury's decision to rule against Palin. It declined, however, to grant Palin's request to force Rakoff off the case on grounds he was biased against her. The 2nd Circuit said she had offered no proof.

IG Petrochemicals and 7 other companies are expected to be in focus today as they have set August 29 as the record date for determining shareholders eligible for dividend payments. This means today will be the last day to buy the shares of these companies in order to be able to qualify for the dividends announced by them.

Donald Trump has not been very vocal and supportive of immigration, and has mostly been seen voicing his opinion against it in major public forums. However, latest reports suggest that he and his party may try to increase the number around legal immigration into the United States, if he is voted to power in the upcoming US Presidential Elections 2024.

Ottawa should reverse a controversial decision to stop issuing real return bonds and instead expand the program, diversify lending terms to help finance the national debt and provide access to the inflation-indexed asset class that is very much in demand by the country’s largest pensions, according to a new report from the C.D. Howe Institute.

US Presidential Debate 2024, Donald Trump was seen at a peak of his form, steamrolling then Democratic Party candidate Joe Biden with some brilliant rebuttals and comments. Biden was so devastated by his dismal performance in the US Presidential Debate 2024, that he ultimately decided to quit the US polls race and endorsed Kamala Harris in his place instead. Meanwhile, Kamala Harris will be appearing soon against Trump in the Presidential Debate, and it is yet to be known where it may be aired live. Meanwhile, Trump has objected to ABC Network airing the US Presidential Debate, claiming that the broadcasting network is biased. Meanwhile, the Harris camp has urged that the Debate be held with the microphones on throughout the program, so that Donald Trump's lies could be caught in real time.

BJP) on Monday issued a statement, calling out Kangana Ranaut on her statement linking the current unrest in Bangladesh to the farmers protest of 2020 in India. In its statement, the BJP said that it doesn't agree with Ranaut's statement on India's farm agitation of 2020. «The statement given by Kangana Ranaut on the farmers protests is not in line with the party's opinion on the matter. The party disagrees with Miss Kangana Ranaut,» the statement read.

Donald Trump came to the National Association of Black Journalists (NABJ) convention a month ago. Likewise, Harris has also engaged in similar efforts in the expectation of votes and support from the Black voters. In the Morning Consult poll that took place in August and August 18, 2024, registered voters comprising 11,501 individuals were involved. These findings confirmed that Black voters have supported Trump much more than during his 2020 campaign. In the 2024 poll, 21% of Black voters support Trump, and this figure rises by 12 points from the Morning Consult poll as of 2020. The poll conducted has an error margin of one percentage point, with a plus-or-minus. Also Read: For the first time King Charles says he lost his sense of taste amid his cancer treatment

India's flexible inflation targeting has been a useful tool to deal with unexpected shocks of various kinds, said Jayanth Varma, the Monetary Policy Committee's (MPC) consistent dissenter who attended his last meeting as an external member in August. Since his first meeting at the Reserve Bank of India's rate-setting panel four years ago, Varma's view on interest rates and monetary policy stance has diverged from the consensus opinion. At a time of accommodative monetary policy after the pandemic outbreak, Varma had argued for normalizing the policy stance.

Kathy Hochul, the governor of New York, and her unbridled total hatred had no bounds. On Wednesday, Donald Trump disclosed his opinion of the nastiest speaker to have spoken at the DNC thus far. Hochul discussed her shared values of grit, determination, and compassion with presidential candidate Kamala Harris on August 19, the first night of the Democratic National Convention. The governor continued, saying that those principles have always defined New Yorkers. She stated that Donald Trump was a New Yorker by birth, but he turned out to be a liar, philanderer, and felon. New York had to suffer through Trump's 78 long years in office. Hochul criticised the fraud, the tax-dodging, the sham university, and the shady charities of Trump. Also Read: Star Wars: Skeleton Crew: All about premiere date, plot, cast, characters, trailer and production

CDSL) surged 6% to a day's high of Rs 1,558.85 on the NSE after the stock began trading on a pre-bonus basis. The record date for the bonus issue was set for Saturday, August 24. Since Saturday is a market holiday, today serves as the ex-date for the bonus issue. Bonus shares will be issued to shareholders listed as of the record date. Under the T+1 framework, the record date and ex-date are usually the same unless a market holiday intervenes.

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

«Yes, LPG losses which have gone up, which spoiled the Q1 results remains an uncertainty in terms of how they will be compensated for,» says Probal Sen, ICICI Securities. Well, the crude prices have seen quite a bit of dip and has come a bit suddenly from $80 per barrel mark, now down to 76. How much would have marketing margins increased? Is this something which is going to have a bit more structural impact you think in terms of the earnings? Probal Sen: Yes, absolutely. I think if we look at the last week itself, blended retail margins have actually gone up to the levels of around Rs 7 odd, if our calculations are correct, which is almost Rs 2.5 to Rs 3 higher compared to the 1Q average levels that we saw.

CDSL), in its board meeting held in July, had announced a bonus issue of shares for its eligible shareholders in the ratio of 1:1, for which the record date was fixed as August 24. “With reference to the captioned subject and our earlier intimation dated July 02, 2024, and pursuant to the provisions of Regulation 42 of the SEBI Listing Regulations, we wish to inform that the Company has fixed the 'Record Date' as Saturday, August 24, 2024,” said the company in a filing to the exchanges.

Supreme Court ruling on SC/ST reservations. The Reservation Bachao Sangharsh Samiti announced the Bharat Bandh as a mark of protest against the SC's ruling on SC/ST reservations. The Patna Police baton charged the people protesting in support of a day-long 'Bharat Bandh' on Wednesday against the SC's recent judgement. An atmosphere similar to lockdown is also being seen in Rajasthan's Bikaner district. The people from the SC/ST community are monitoring by forming groups to make the shutdown successful. The police administration is also keeping a close watch on the area with full alertness so that no unusual incident takes place. The SC/ST people took out a procession from Kote Gate to the collector's office.

JP Morgan maintained an overweight rating on Cyient while BofA and UBS have a buy call on Varun Beverages and Avenue Supermarts respectively.

₹5 lakh cash or cash equivalent for either buying or selling options," said Rajesh Baheti, director, Crosseas Capital, one of India's largest arbitrage and jobbing firms. “Another suggestion is to have multiple index products expire on the same day in place of having just a single expiry per week per exchange." Baheti said these were part of his comments to Sebi's 30 July consultation paper titled “Measures to strengthen index derivatives framework for increased investor protection and market stability". Three of the most important recommendations of Sebi’s Secondary Market Advisory Committee (SMAC) are to increase the initial margin to trade, have only a single product expiry per week per exchange, down from the current five indices which expire each day of week, and increase in contract size from ₹5-10 lakh currently to ₹25-30 lakh.

Reasons to BuyReasons to AvoidWhat are buyers saying on Amazon?Buyers appreciate the air fryer's performance, ease of use, and sleek design, but some have concerns about support, product condition, and value.Why choose this product?Choose this air fryer for its efficient cooking, user-friendly interface, and stylish design, though be mindful of mixed reviews on support and product quality.The Philips Digital Air Fryer HD9252/90 is a versatile kitchen appliance that allows you to cook tasty meals with up to 90% less fat. It features Rapid Air Technology and a unique starfish design for evenly cooked food.

Note: The purpose of this article is only to share interesting charts, data points and thought-provoking opinions. It is NOT a recommendation. If you wish to consider an investment, consult your adviser. This article is strictly for educational purposes only.  Brijesh Bhatia has over 18 years of experience in India’s financial markets as a trader and technical analyst. He has worked with the likes of UTI, Asit C Mehta Financial Services, and Edelweiss Securities. Presently he is an analyst at Definedge. Disclosure: The writer or his dependents may or may not hold the stocks/commodities/cryptos/any other asset discussed in this article.

apply retrospectively. Justice B.V. Nagarathna’s dissenting judgment in the case, where an 8:1 majority of the constitution bench ruled in favour of states, may prompt the legislature to rethink the current framework.

Brokerage firm Systematix has initiated coverage on Patanjali Foods with a 'Buy' rating and a target price of Rs 2,259. This represents an upside potential of 24% from the previous closing price of Rs 1,828.50 per share. In its coverage initiation, Systematix highlighted Patanjali Foods' aggressive palm oil plantation plan within its edible oils business. The brokerage firm noted, «Patanjali is poised to leverage the strong premiumisation drive in its foods business.»