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The first photo of the Titan submersible wreck has been released to the public, showing a large portion of the hull sticking upright on the ocean floor, thousands of metres below the waves.

NTPC Green Energy filed draft papers for a Rs 10,000 crore ($1.19 billion) initial public offering on Wednesday, as it looks to cash in on the country's renewables ramp-up plans and a red-hot equities market. The company, a unit of power producer NTPC, will only issue new shares, and existing shareholders will not sell any stake, the draft papers showed.

Skyscanner data in June showed that flight bookings for today — September 18 — jumped 189 per cent compared to the previous day, suggesting that Indian fans were eager to soak up the pre-race atmosphere in Singapore ahead of this weekend’s Singapore Grand Prix (September 22). Similarly, the platform also saw a 188 per cent jump in flight bookings for the Abu Dhabi Grand Prix in December. Skyscanner data also showed a surge in hotel bookings for the race weekends. “As sports fever intensifies in India, we’re witnessing a growing desire among fans to travel and experience global sporting events first-hand,” said Mohit Joshi, travel trends and destination expert at Skyscanner. “Our search volume data from July 14 to August 10 showed that the New Delhi – Singapore route has seen a 1,030 per cent increase in searches for travel in the month of September compared to the previous month [June 16 to July 13], coinciding with the Singapore Grand Prix.”

US Federal Reserve is working upon a rate cut that could arrive any time now, and investors as well as the markets are both interested to know how much the Fed is looking at giving away for the benefit of the US economy and halt an impending US recession in its tracks. Recession has indeed become a major concern for US investors now, with the markets reacting proactively to the situation at hand, especially during the US election season, that has already started showing its teeth.

US Federal Reserve's rate outcome due for announcement later on Wednesday night, a look into the history of the last three decades reveals Nifty's median returns of +1.6% following a 50 bps rate cut by the Fed. Meanwhile, a 25 bps cut has resulted in a median loss of 0.5%. The above findings were from a Capitalmind Financial Services study, which showed that the Fed announced a 50 bps rate cut 10 times in the last 34 years while the most frequent action by the Central Bank has been an increase of 25 bps, which has been done 39 times.

Hezbollah exploded almost simultaneously in Lebanon and Syria Tuesday, killing at least 12 people — including two children — and wounding thousands more. A U.S. official said Israel briefed the U.S. on the operation — in which small amounts of explosive hidden in the pagers were detonated — on Tuesday after it was concluded. The person spoke on the condition of anonymity because they were not authorized to discuss the information publicly. The Iran-backed militant group blamed Israel for the deadly explosions, which targeted an extraordinary breadth of people and showed signs of being a long-planned operation. Details on how the attack was executed are largely uncertain and investigators have not immediately said how the pagers were detonated. The Israeli military has declined to comment.

Xiaomi as one of the fastest-growing smartphone brands this year. Its growth was driven by successful promotions in Latin America, helping to offset downturns in its other key markets."Xiaomi’s strategic focus on simplifying its product lineup, concentrating on one standout model per price segment instead of multiple devices, has been crucial to its recent success," said Tarun Pathak, Research Director at Counterpoint Research.

Chang'e-6 mission recently brought back lunar samples from the far side of the moon, marking a significant milestone in lunar exploration. According to a study published by Chinese scientists, these samples show «distinct characteristics» compared to previously collected lunar samples. The research, conducted by the National Astronomical Observatories of the Chinese Academy of Sciences, the Lunar Exploration and Space Engineering Centre, and the Beijing Institute of Spacecraft System Engineering, revealed important differences. The Chang'e-6 soil samples have a lower density, indicating a more porous and loosely structured composition than earlier samples. The study notes that the plagioclase content in the Chang'e-6 samples is significantly higher, while their olivine content is notably lower than the Chang'e-5 samples. Chang'e-5 too brought samples from the far side of the moon. The lithic fragment samples primarily consist of basalt, breccia, agglutinate, glasses, and leucocrate.

The initial public offering (IPO) frenzy is pushing more investors to test their luck, but despite the enthusiasm, most applicants seem to miss out amid heavy oversubscription, and the process remains largely a game of chance.

Federal Reserve is set to reduce U.S. short-term borrowing costs on Wednesday, marking a significant shift after more than two years of battling high inflation. The central bank is expected to lower its key rate by either a quarter-point to 5.00%-5.25% or a half-point to 4.75%-5.00%, following a series of hikes that totaled 5.25 percentage points since March 2022. While the initial cut could be modest, the Fed is likely to continue lowering rates, aiming for a range between 4% and 4.5% by the end of the year, with more reductions planned for 2025. However, policymakers have indicated that rates will not return to the sub-2% levels seen prior to 2022, meaning the low mortgage rates of the past are unlikely to come back soon. Despite these cuts, inflation has cooled significantly, and average paychecks are now rising faster than prices. However, the high cost of goods, like groceries, continues to strain household budgets.

Deepika Padukone has purchased a premium apartment in Mumbai suburb Bandra West for Rs 17.8 crore. She has bought the apartment on the 15th floor of Sagar Resham co-operative society on Bandstand locality through her company KA Enterprises. The deal was registered on September 12, showed documents accessed through Zapkey.com

Inflation in the U.K. held steady at an annual rate of 2.2% in August with higher air fares offset by lower fuel costs and restaurant and hotel bills

Japan has posted a trade deficit for a second straight month, as both exports and imports were lower than expected

Subscribe to enjoy similar stories. Scientists surprised themselves when they found they could instruct a version of ChatGPT to gently dissuade people of their beliefs in conspiracy theories—such as notions that covid was an attempt at population control or that 9/11 was an inside job. The most important revelation wasn’t about the power of AI, but about the workings of the human mind.

Subscribe to enjoy similar stories. The Biden administration hasn’t been good for the trans-Atlantic alliance. This might seem a surprising claim, given that Joe Biden’s team and Kamala Harris’s campaign have touted improved U.S.-European ties as their greatest foreign-policy achievement.

InterGlobe Aviation Ltd. 0.0 per cent to Rs 4931.1 at 11:11AM (IST) in Wednesday's trade. The scrip has hit a high of Rs 4958.0 and low of Rs 4926.0 so far during the session. The stock had closed at Rs 4931.35 in the previous session. The counter has had a total traded volume of 4312 shares so far with a value of Rs 2.13 crore on the NSE. It traded at a price-to-earnings multiple of 24.37 and a price-to-book ratio of 68.53.

Hezbollah members across Lebanon were caught off guard when their pagers detonated, resulting in widespread casualties. The devices, which were embedded with hidden explosives by Israeli operatives, caused the deaths of at least nine people and injured over 2,800, according to reports. The pagers were originally intended for Hezbollah’s communication network but were turned into instruments of destruction through a covert Israeli operation. The attacks were centered in Beirut’s southern suburbs, a Hezbollah stronghold, and the eastern Bekaa Valley, where explosions began around 3:30 p.m. local time and lasted for about an hour. Footage showed scenes of chaos as fighters and civilians collapsed on the streets, suffering injuries to their faces, fingers, and abdomens. Hospitals across Lebanon were overwhelmed with victims bearing wounds consistent with the placement of the pagers.

Taiwan's Gold Apollo did not make the pagers that were used in the detonations in Lebanon on Tuesday, the company's founder Hsu Ching-Kuang told reporters on Wednesday. At least nine people were killed and nearly 3,000 wounded when pagers used by Hezbollah members detonated simultaneously across Lebanon on Tuesday. Images of destroyed pagers analysed by Reuters showed a format and stickers on the back that were consistent with pagers made by Gold Apollo. A senior Lebanese security source told Reuters that Hezbollah had ordered 5,000 pagers from the Taiwan-based Gold Apollo.

Subscribe to enjoy similar stories. Last week, India initiated multiple changes in farm trade policies across crops like oilseeds, onion and basmati rice. Coupled with ample rains, this is likely to boost rural incomes in the kharif harvest season beginning October, and revive consumer demand.

Asian stocks rose before a Federal Reserve policy decision, with traders still split on the size of an anticipated interest-rate cut. Japanese shares led regional gains as the yen’s slide on Tuesday boosted the outlook for the nation’s exporters. The dollar bounced in New York following stronger-than-expected retail-sales data. Hong Kong is shut for a holiday, while Chinese stocks listed on mainland markets will resume trading after a break.

Nikki Haley says she's launching a weekly talk show on SiriusXM satellite radio starting next week