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infrastructure industries shrank 1.8% in August from a year earlier, the first contraction in 42 months, compared with 6.1% expansion in the preceding month, according to the official data released on Monday. Experts blamed heavy seasonal showers in August over large swathes of the country, on top of an unfavourable base effect, for the slump. Given their 40% weight in the index of industrial production (IIP), the poor show by the infrastructure industries could limit the August index of industrial production (IIP) expansion to just 1-1.5%, against 4.8% in July, experts said. IIP data for August will be released on October 12. Apart from steel and fertilisers, six of the eight industries-coal, crude oil, natural gas, refinery products, cement and electricity-remained in the negative zone in August, the latest data showed.

Andrew is a journalist and content writer with a passion for Bitcoin. His work has been featured with Cryptonews, Decrypt, CryptoPotato, and Bitcoin Magazine, among others.

An investigation focused on three of the world’s largest shrimp producers claims that as big Western supermarkets make windfall profits, their aggressive pursuit of ever-lower wholesale prices is causing misery for people on the bottom end of the suppl...

Simon Chandler is a Brighton-based writer and journalist with over ten years of experience writing about crypto, technology, politics and culture. He has written for Cryptonews.com since late 2017,...

Ford Motor Co. is offering free home chargers and installation to buyers of its electric vehicles in a bid to boost sales and overcome range anxiety among mainstream car shoppers.

Cate Blanchett stars in Disclaimer. It is a new series from Apple TV+. In this psychological thriller, Kevin Kline’s character tries to destroy Blanchett’s life.

Max and Warner Bros. have announced the release of an adult animated Halloween special featuring Velma, a character from the Scooby-Doo franchise. The special is titled Velma: This Halloween Needs to Be More Special! It will be available for streaming on October 3.

From a shocking murder to an electrifying intimate scene, the episode promised significant changes ahead for the characters. However, fans are left wondering: does this signify the end of Industry, or can we expect Industry Season 4?

The latest surveys of Chinese factory managers show the economy weakening in recent weeks, as the government ratchets up stimulus

Life insurance policies that also promise guaranteed income entice people with claims such as: «Pay ₹1 lakh for 10 years and get ₹22 lakh lump sum after 20 years», or “pay ₹1 lakh for 12 years and start getting ₹2 lakh from the 14th year onwards for the following 12 years".

inventory overhang (the estimated time required to sell off unsold stock based on sales velocity) has dropped to 22 months in the June quarter, down from 34 months in the corresponding quarter last year. According to PropTiger.com report, NCR's Gurugram witnessed a substantial decline in inventory overhang from 72 months in Q2 2023 to 31 months in Q2 2024. Ahmedabad also showed strong performance, reducing its inventory overhang from 33 months to 18 months during the same period, reflecting the healthy demand dynamics in these markets. Regarding unsold inventory, the report said that despite a moderation in supply and absorption rates, India’s residential real estate market displayed resilience, achieving a 2% year-on-year decline, bringing the total to over 9.26 lakh units as of June 30.

According to a Times of India report, terror-related incidents have dropped to one-tenth of the levels seen a decade ago. This year's assembly elections, the first since the nullification of Article 370 and J&K's reorganisation into a Union Territory in 2019, have witnessed peaceful polling in several areas of Kashmir, an official confirmed. While the Kashmir Valley recorded positive voter participation, turnout percentages in most of Jammu division, where voting has concluded, have dipped compared to 2014. According to officials, the decline could be linked to the recent surge in terror activities in the region. As of September 27, 15 terror-related attacks and encounters had resulted in the deaths of 11 civilians and 17 security personnel in Jammu.

Lupin Ltd. dropped 0.96 per cent to Rs 2200.05 at 12:48PM (IST) in Monday's trade. The scrip has hit a high of Rs 2217.7 and low of Rs 2171.25 so far during the session. The stock had closed at Rs 2221.5 in the previous session. The counter has had a total traded volume of 26947 shares so far with a value of Rs 5.91 crore on the NSE. It traded at a price-to-earnings multiple of 44.33 and a price-to-book ratio of 5.16.

Siemens Ltd. dropped 0.01 per cent to Rs 7299.1 at 12:57PM (IST) in Monday's trade. The scrip has hit a high of Rs 7310.0 and low of Rs 7188.4 so far during the session. The stock had closed at Rs 7300.0 in the previous session. The counter has had a total traded volume of 6254 shares so far with a value of Rs 4.52 crore on the NSE. It traded at a price-to-earnings multiple of 105.33 and a price-to-book ratio of 9.99.

Subscribe to enjoy similar stories. The India-Middle East-Europe Economic Corridor (IMEC), announced at the G20 Summit last September, is rarely mentioned in the context of war.

Subscribe to enjoy similar stories. As India's annual festive season unfolds, consumers in smaller towns and cities are cautiously opening their wallets. A good chunk of Indians plans to spend more this year, despite high prices tempering some of the enthusiasm.

Policy push by various countries and stricter emission norms are fuelling electric vehicle sales every year across key global markets, shows data from the International Energy Agency. However, penetration of hybrids (including strong hybrids and plug-in hybrids), driven purely by consumer choice, are climbing up at a faster pace. Since 2021, hybrid vehicle sales have been rising steadily in China, Japan, Korea, UK, France, and US, underscoring growing consumer preference for this technology, shows data collated by Nomura Research Institute. China leads the trend with a nearly fourfold surge in hybrid penetration levels to 19.9% in the first half of 2024 from 5.3% in 2021. Korea too has seen a big jump — to 25.2% from 11.8% in the same period. Other markets have shown a similar growth trajectory.

Lavasa Corp, which was once touted as India's first private hill town project, have set an eligibility criteria of ₹100 crore net worth and a ₹25 lakh refundable deposit for new expressions of interest (EOIs) from prospective bidders as they try to find a buyer for a second time after junking the previous attempt earlier this year. The minutes of the meeting of the committee of creditors (CoC) held on September 17 show that 77% of lenders led by Union Bank of India (UBI) have agreed to a minimum criteria for bidders which is a change from the last time the process ran without any eligible criteria to «maximise participation» of applicants. «Besides this eligibility criteria, lenders also want to make certain changes with most likely a new resolution professional (RP) in place of Shailesh Verma and a process advisor to make way in place of Deloitte as both have been in charge for long and has presided over a what has been a failed process prior to this,» said a person aware of the matter. A joint lenders forum (JLF) called by UBI is expected to finalise timelines and appointment of a new RP as early as next week as lenders pick up the pieces after many twists and turns in the case.

hotel bookings around the India Expo Mart. According to a press release, exhibitors and visitors attending the International Trade Show got reserved accommodations in Greater Noida, resulting in a display of “fully booked” boards in all the major hotels. This led to demands of rooms in hotels based in Noida and Delhi, the release, issued by the state government, further claimed. Most exhibitors were happy with the success of the trade show, organized by the Yogi government in Greater Noida. The release claimed that the event brought good business opportunities for the exhibitors who participated in the show. The businessmen, who are associated with the hotel sectors, are hopeful that they would be benefitted by the conducive atmosphere for the trade and tourism available in the state in the current regime, according to the release.

Israel's killing of Hezbollah chief Hassan Nasrallah in an air strike on Friday was a feat of spycraft capping days of operations highlighting its deep infiltration of the Iran-backed group. Here's what we know about how Israel marshalled its intelligence resources to pull off the attack: The buildup

The Resident has experienced a resurgence in popularity on Netflix, sparking speculation about the possibility of a revival.