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China's property sector, once the pillar of the economy, has slumped since 2021 when real estate giant China Evergrande Group defaulted on its debt obligations following a clampdown on new borrowing. Big-name developers such as Country Garden Holdings continue to teeter close to default even to this day, keeping home-buyer sentiment depressed. As of the end of August, the combined floor area of unsold homes stood at 648 million square metres (7 billion square feet), the latest data from the National Bureau of Statistics (NBS) show. That would be equal to 7.2 million homes, according to Reuters calculations, based on the average home size of 90 square metres.

Finolex Cables Limited (FCL) regarding a resolution pertaining to the re-appointment of Deepak Chhabria as a whole-time director designated as an executive chairman for the term commencing on July 1, 2023 and concluding on June 30, 2028.InGovern Research has suggested that FCL shareholders seek a postponement of the resolution, citing concerns over the adequacy of the notice period. On the other hand, Stakeholders Empowerment Services (SES) has advised shareholders to vote against it, while Institutional Investors Advisory Services (IiAS) has recommended that shareholders vote in favour of the resolution. InGovern has alleged that the corrigendum published on September 16, 2023, does not meet the requirement of Section 118 (10) of the Companies Act and ICSI secretarial standards.

telecom infrastructure in North East, suggesting parleys with the state governments to harmonise their respective 'right of way' policies with related Central rules, as well as favouring provision of electricity to telecom sites on priority at utility tariffs.

PNB, Bank of Baroda, or even a small PSU Bank like UCO, Union Bank, or Indian Bank," says Rajesh Palviya, Axis Securities. Edited excerpts.What are the levels that you are looking out for because suddenly we are seeing declines across the board, not only in the midcaps, but also in the frontline index? We have seen significant supply pressure throughout the week, almost a 2.5% cut for the Nifty and now Nifty slipped below to 20-day moving average. Most of the Put writers have shifted their position on the lower side. So, Put writers have now shifted their position at 19,500, 19,400 strikes. That clearly shows that we can see more pressure in the coming trading session as call writers are now acting aggressively, aiding their position at 19,800 and 19,900 strikes. Those levels are likely to act as a major supply zone for any pullback action. Until Nifty does not cross above 19,900, there will not be any significant short-covering action in the market. Only major short covering will come above 19,900. Until we are trading below the 19,800 level, pressure is likely to remain in the system and possibly Nifty can go further down from the current level towards 19,600, 19,550 in the continuation of this down move.

PTI reported it was called to discuss the roadmap on how to go about the mandate given to the panel. Preparation of working papers, how to go about holding consultations with the stakeholders and research on the subject for an in-depth discussion were also on the agenda of the meeting. Exciting news! Mint is now on WhatsApp Channels :rocket: Subscribe today by clicking the link and stay updated with the latest financial insights! Click here! Paste this on click here: https://whatsapp.com/channel/0029Va91YSeGehEM6oMesj3d Home Minister Amit Shah, former leader of the opposition in the Rajya Sabha Ghulam Nabi Azad and former Finance Commission chairman N K Singh are among the committee's members.

Multibagger IPO: Ace American investor Charlie Munger believes that money is not in buying and selling of stocks but in wait. The Vice Chairman of Berkshire Hathaway is of the opinion that investing in stocks is like investing in business and one should try and hold a stock as long as one can. This helps an investor to get compounding benefit as it enjoys return on the earnings it has got durin the investment period.

India has the potential and should aim to grow at 8 per cent annually to bring about transformative changes in the lives of millions of people by around 2050, said noted economist and former US Treasury Secretary Larry Summers on Saturday. India's GDP growth in 2022-23 was 7.2 per cent as against 9.1 per cent in 2021-22.

A very common piece of investing advice is that you should conduct your own research and analysis instead of fully relying on somebody else’s recommendations. But how do you do this? When it comes to investing in stocks, the key is to evaluate and analyse the financial statements of the company you are looking at. 

Buy or sell stocks: Following weak global market sentiments, Indian stock market ended lower for fourth day in a row. Nifty 50 index lost 68 points and closed at 19,674 levels, BSE Sensex corrected 221 points and ended at 66,009 mark whereas Bank Nifty index finished 11 points lower at 44,612 levels. Small-cap index ended marginally in the positive even as the advance decline ratio improved to 0.99:1.

Buddh International Circuit (BIC), located along the Yamuna Expressway in the Dankaur area, which is more than 50 kilometers away from New Delhi. To prevent traffic jams on important roads on Saturday and Sunday, the police have already set up alternative routes for commercial vehicles coming into Noida via DND or Greater Noida via the Yamuna Expressway. Between 12 am and 6 am and 12 pm and 3 pm, vehicles carrying essential goods won't have any restrictions.

stock market. The immense influence that finfluencers have over the masses can play a positive role in spreading financial awareness and literacy. Through their engaging content, most finfluencers are seen encouraging people to save more, invest wisely, diversify their portfolios, and achieve their financial goals. They also demystify complex financial concepts and jargon, making them accessible and relatable to the common man.

“My day begins at 5:30 a.m. with an unwavering commitment to a 45-minute yoga session. Yoga has become the cornerstone of my daily routine, infusing my life with a profound sense of rejuvenation that resonates throughout the day,” says Sarbvir Singh, Joint Group CEO, PB Fintech. In an interview with ETMarkets, Singh said: “My personal journey is rooted in Ashtanga yoga, a demanding discipline that centres on the mastery of asanas and the art of breath control” Edited excerpts:Thanks for being part of the segment. Tell us a little bit about your daily regime—how do you keep yourself mentally fit? My day begins at 5:30 a.m. with an unwavering commitment to a 45-minute yoga session. Yoga has become the cornerstone of my daily routine, infusing my life with a profound sense of rejuvenation that resonates throughout the day.

U.S. health officials are recommending RSV vaccinations for moms-to-be as a second option to protect newborns

This week, one of the hallmark events centered on curbing global warming — NYC Climate Week — convened sustainability experts and evangelists from around the world in one place.

DensityUSA President Mike Egel says the new technology is designed to protect assets, inventory, and employees on The Big Money Show.

The Securities and Exchange Commission said Friday that it had reached a $50,000 settlement with a small firm in Oshkosh, Wisconsin, Carl M. Hennig Inc., for violating Regulation Best Interest from June 2020 to the start of this year and for falling short in its procedures and policies concerning the new industry sales standard.

Arm Holdings and Instacart deepened their recent losses on Friday after analysts gave lukewarm ratings to the two companies that recently held highly anticipated initial public offerings. Arm was last down 1.7% at $51.23. Earlier it dipped as low as $50.35, below the $51 price set in its IPO on Sept. 13.

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Labor unions say they will end disruptive strike actions at Chevron Corp.'s liquefied natural gas plants in Australia that provide more than 5% of global LNG supplies

Morgan Stanley has offloaded stake in Gurugram-based hotel operator SAMHI Hotels, which debuted on the exchanges on Friday. SAMHI Hotels listed at a mild premium of 8% on the NSE over its issue price. However, the stock rallied and closed at Rs 146 per share on the NSE, which is 16% higher than the IPO price of Rs 126. According to bulk deals data available with the exchanges, Morgan Stanley, through its various funds, sold a combined shares of 64.6 lakh. It is unclear how much stake in the company these shares amounted to as the shareholding pattern was not yet available with the exchanges. Post the listing, analysts recommended investors to book profits, mainly because of poor financials in the last three financial years. For the year ending March, the company's revenue from operations more than doubled to Rs 738 crore.

Kovind for simultaneous elections will be held here on Saturday to discuss the roadmap and how to go about holding consultation with stakeholders. Kovind had recently told reporters in Odisha that the meeting will be held on September 23. The government had on September 2 notified the eight-member «high-level» panel to examine and make recommendations at the earliest on the issue of holding simultaneous elections to the Lok Sabha, state assemblies, municipalities and panchayats. People aware of the details said the meeting will be «introductory» in nature and members will discuss the roadmap on how to go about the mandate given to the panel. The panel, they said, will also discuss on how to go about holding consultations with stakeholders, research on the subject and preparation of working papers. Home Minister Amit Shah, former leader of the opposition in Rajya Sabha Ghulam Nabi Azad and former finance commission chairman N K Singh are among the committee's members. Congress' leader in the Lok Sabha Adhir Ranjan Chowdhury was also a member.