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retail investors' derivative market bets may help the banking system garner the much-needed deposits, SBI Chairman Dinesh Kumar Khara has said. Khara said the budget announcements like the tweaks on the short-term and long-term capital gains will not lead to much gains from a deposit accretion perspective. «F&O (future and options) kind of things are being discouraged for the retail (investor) by the regulator. Those who are resorting to such kind of an instrument, they might come back to the banking system,» Khara told PTI over the weekend. It can be noted that concerns over losses incurred by 90 per cent of investors in the derivative trades have led to fears of household savings being blown in speculation rather than being deployed for productive purposes among policymakers.

Draft rules for the legalisation of casinos, which include an initial 30-year casino license with a 10-year renewal option, have been published for public feedback until August 18. The casinos will be part of large entertainment complexes featuring hotels, convention centers, and amusement parks, among other amenities. Thailand would thus join the ranks of the United Arab Emirates and Japan in vying for a share of the global casino industry, estimated to have generated $263 billion in revenue last year. Major players like Galaxy Entertainment Group Ltd. and MGM Resorts International have shown interest in opening casino resorts in Thailand, considering it a strategic move against the uncertain prospects in Macau. Las Vegas Sands Corp. expressed interest in entering the Thai market, stating last month it would consider expanding to Thailand if the opportunity arises.

Grand Canyon National Park on Wednesday, authorities said.Park rangers received a report that a visitor fell from the Grand Canyon’s rim about 400 metres west of Pipe Creek Overlook, a scenic lookout with expansive views of the canyon. Rangers immediately rushed to the scene and found the body of Abel Joseph Mejia.

Advocates say air conditioning is no longer a luxury but a public health and affordability issue

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₹49.92 lakh. This re-entry marks the vehicle's return after nearly ten years.

land parcel in Akurli area of Mumbai’s western suburb Kandivali for Rs 210 crore to a Pune-based company Rucha Group’s real estate development entity Blueprintify Properties. Interestingly, the company has sold the property for less than its ready reckoner value or over Rs 223.58 crore. The said land parcel falls under No Development Zone and is bounded by the Sanjay Gandhi National Park on the east and south side. The Mahindra Group itself also has a real estate development company Mahindra Lifespace Developers.

Facebook and Instagram parent company Meta Platforms Inc. reported stronger-than-expected results for the second quarter on Wednesday, sending shares sharply higher in after-hours trading

Jasper National Park in western Alberta.He says the picturesque Rocky Mountain tourist destination in Alberta is a “truly magical place” that has captivated travellers from Canada and abroad.The King expressed sympathy for those whose lives and livelihoods have been affected, particularly those who have lost property and were forced out.He thanked first responders, community volunteers and leaders who have stepped up to help and commended Canadians lending a hand.Federal officials have said about one-third of the buildings in the Jasper townsite were lost in the blaze, and that there was little firefighters could do to combat an inferno so big and powerful.About 25,000 people, including 5,000 town residents, were ordered to leave just over a week ago as the fast-moving flames approached.“These are dark times, but we greatly admire the strength and resilience of so many people to persevere and rebuild,” King Charles said in a written statement distributed through Rideau Hall.“The number of firefighters who have come from across the world to offer their services speaks not only to the sense of solidarity that exists within that professional community, but also the high regard in which Canada and Canadians are held around the world.”Royalty first came to visit the park in 1939, when King George VI and Queen Elizabeth, the Queen Mother, stayed at the Jasper Park Lodge’s Outlook Cabin.Their daughter, Queen Elizabeth II, stayed there with her husband, Prince Philip, in 2005.For the latest information on which areas in Alberta are under an evacuation alert or order due to a wildfire, visit the Alberta Emergency Alert website. For the latest information on the wildfire status and danger across the province, visit the Alberta

Maruti, M&M, Tata Consumer, Adani Energy, Vedanta will be in focus due to various news developments and first quarter results. Maruti, M&M, Coal India, Adani Power, Tata Steel, Ambuja, BoB

Disneyland workers have voted to ratify new contracts that include wage hikes and changes to sick leave policies after months of negotiations

Texas has experienced 103 earthquakes in 80 days with some of them measuring about 5 on the Richter scale? Justin Rubinstein, a geophysicist with the U.S. Geological Survey in Menlo Park, California, has said Texas has experienced a total of 103 earthquakes, including 12 of magnitude three or more, reports 'USA Today'. He also said that the state is not a seismically active part of the country and these earthquakes are not occurring naturally. Explaining the phenomenon, Rubinstein said it is «almost 99% likely» to be linked to local oil fields.

Robertson Stephens is extending its reach yet again with its fourth acquisition of the year.

Prime Capital Financial, a full-service RIA in Overland Park, Kansas, has announced a key promotion to lead one of its subsidiary companies.

Cohasset and Scituate were friendly for more than 250 years. Now, the Massachusetts neighbors can’t find common ground. The reason: oysters.

prospectus (DRHP) with market regulator SEBI to raise funds via the initial public offering (IPO) route. The IPO will be a fresh issue of 40.86 lakh equity shares with a face value of Rs 10 per share.

Nebraska has been accused of intentionally derailing a train, recording the crash and then posting the footage online, according to court documents. The 17-year-old, who was described by investigators as a train enthusiast, or «railfan,» faces two felony counts of criminal mischief for intentionally damaging or tampering with property, according to documents filed last week in the district court of Lancaster County, Nebraska, as per a report on NYT News Service.

Buffalo Bills co-owner Kim Pegula showed significant signs in her recovery from a debilitating cardiac arrest by being escorted to the field by her husband to help break the post-practice team huddle

Jasper National Park found out on Saturday for certain whether or not they have a property to return to.The municipality of Jasper released a high-resolution map and list of properties showing the structures destroyed this past week (go to bottom of this story to see map and list), which includes single-family homes, apartments, townhouses, a hostel, church, senior’s manor, gas station and other businesses.Parks Canada has estimated that 30 per cent of Jasper’s structures were damaged by the wildfire, with 358 of the town’s 1,113 structures destroyed.Christine Nadon, the incident commander for the Municipality of Jasper, said it was an all-or-nothing situation — buildings were either razed to the ground or not affected at all.“Most structures were destroyed and very few were damaged,” she said during an update Saturday afternoon alongside Parks Canada officials.“Many of you will have your worst fears confirmed today.”Nadon’s regular job sees her in charge of the fire department.On Wednesday night as flames bore down on the mountain community, Nadon said she was inside the fire hall listening to scanners, monitoring maps and trying to keep track of her people as the fire consumed home after home — hers included.“It’s heartbreaking is what it is. Some of those structures we will rebuild.