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Markets regulator Sebi on Friday clarified that investors can continue using 3-in-1 accounts to apply online for public issues of debt securities, non-convertible redeemable preference shares, municipal debt securities, and securitised debt instruments. This is in addition to the existing modes of application, Sebi said in a circular. A three-in-one trading account combines a savings account, a demat account, and a trading account into a single integrated solution. In this case, the clients would have their funds in their bank account, earning interest on the cash balances.

Leading mortgage rates have gone into hibernation. After spiking last week, not a single rate from a leading nationwide lender has budged. That’s as rare as a comfortable seat on a discount airline.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Workers in Italy’s troubled automotive sector are holding a national strike for the first time in 20 years, with a massive demonstration being held in the center of Rome

Subscribe to enjoy similar stories. Daron Acemoglu, Simon Johnson and James Robinson (AJR) were recently awarded the Nobel Prize in Economics for their work on the role institutions play in driving a nation’s prosperity. In a podcast interview I hosted with Acemoglu (full episode available at https://shorturl.at/R8s0u), I asked Acemoglu to apply his ‘institutions’ framework and current thinking to technology in the Indian context.

Reasons to buyReasons to avoidAlso read: Amazon Special Weekend Deals: Huge savings! Up to 80% off on trolley bags, duffle bags and more; Great Indian FestivalThe Kamiliant by American Tourister Harrier Spinner suitcase is a durable and practical option for travelers. The hard-sided polypropylene construction provides protection for your belongings, while the spinner wheels offer smooth and effortless maneuverability.

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European shares opened muted on Friday, after the European Central Bank's latest rate cut and upbeat earnings prompted strong gains in the previous session, with the main stocks gauge headed for a second weekly rise. The Europe-wide STOXX 600 index was down 0.05% at 0718 GMT, with real estate firms leading losses down 0.6%, while basic resources and autos helped to keep it afloat.

This follows on from a 1% rise in August and was led by strong sale activity in the computers and telecommunications sector, at around 5.5%. Confidence in second BoE rate cut soars as inflation falls below 2% for first time since 2021 Food sales provided the largest and only detraction from the month, down nearly 2%. The ONS noted September's sales volumes were at their highest since July 2022, with figures for the year to September 2024 up 3.9%, the biggest rise since February 2022. More broadly, retail sales grew by 1.9% in the third quarter of the year compared with Q2, and u...

Subscribe to enjoy similar stories. Infosys Ltd's September quarter (Q2FY25) results fell short of market expectations, leading to a nearly 5% drop in its share price on Friday. This was despite the IT major reporting a sequential constant currency (CC) revenue growth of 3.1%, exceeding consensus estimates.

Subscribe to enjoy similar stories. As always, and more so today, in a fast-moving business world, evolving and adapting is essential for any leader to succeed. To stay relevant, they should be coachable.

Meta employees from blatantly misusing company-provided meal credits for personal purchases. According to a report by Financial Times, these employees had been using their $25 meal credits to buy non-food items such as toothpaste, acne pads, and wine glasses. Like other large tech companies, Meta provides extensive food options for its in-office staff. Employees working at major offices, such as the Silicon Valley headquarters, receive free meals on-site, while those in smaller offices are given credits for Uber Eats or Grubhub, intended for meals delivered to the office. Smaller Meta offices typically provide daily allowances of $20 for breakfast, $25 for lunch, and $25 for dinner, issued in $25 increments. However, the company fired two dozen employees after discovering they had used these meal credits to purchase household items.

Amazon Great Indian Festival Steal Deals: Up to 60% off on best selling water purifiers from Aquaguard, Pureit and more The HUL Pureit Vital Plus Mineral Water Purifier offers efficient water-saving with up to 60% savings and uses a 6-stage RO+UV+MP purification system. It is equipped with FiltraPower technology to remove even the smallest impurities, while the 7L capacity and wall-mountable design provide convenience for modern homes.

Sensex and Nifty50 opened lower for the fourth consecutive session on Friday, weighed down by auto, banking and IT stocks, amid foreign fund outflows and disappointing results from marquee companies. The BSE Sensex was trading 580 points, or 0.72%, lower at 80,427. The Nifty50 was down 172 points, or 0.7%, trading at 24,577 around 9:30 am.

Dozens of farmers in Iowa, Minnesota and Wisconsin are scrambling to feed their flocks after a struggling organic broiler chicken producer abruptly closed a year after getting a $39 million federal loan

Authorities have since last month unveiled a raft of measures to kickstart sluggish consumption and address a prolonged and debilitating debt crisis in the country's colossal property sector. After a blistering market rally fuelled by hopes for a long-awaited «bazooka stimulus», optimism has tapered as authorities refrained from providing a specific figure for the bailout or detailing any of the pledges.

Karnataka government is looking to address water and sanitation issues in rural areas through the adoption of innovative ideas and relevant technologies. The IT-BT and Rural Development and Panchayat Raj (RDPR) departments will host a ‘Karnataka Rural Water and Sanitation Sustainability Summit’ on October 29 and have invited startups to provide solutions. The event will feature a pitching session where selected startups can present their ideas, with winners receiving a minimum funding of Rs 25 lakhs. These budding startups will also have the opportunity to pilot their projects with the government, the department announced in a release. Entrepreneurs, academia, startups, and researchers can submit their potential pitch decks by October 23. IT-BT and RDPR minister Priyank Kharge said, “I intend to make Karnataka a water-secure state in the country. If I can solve this using deep tech in biotechnology or IT that ensures we get better portability, the government itself can become your (companies') first client.” He added that the government can help startups pilot these solutions within a sandbox environment and provide capital.

Subscribe to enjoy similar stories. Private equity investors including Quadria Capital and TPG Capital have expressed initial interest to invest about $100 million for a 20-25% stake in critical care drugs provider Samarth Life Sciences, three people familiar with the matter said. “The transaction is expected to be purely secondary with the promoter group selling some of its stake," one of the people cited above said on the condition of anonymity.