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women's reservation bill in Lok Sabha on Wednesday, with BJP legislators coming out in support of it and the opposition parties also backing it while demanding its immediate implementation. At present, there are 82 women MPs in Lok Sabha, out of the total strength of 543. The government on Tuesday introduced the Constitution (128th Amendment) Bill, which seeks to reserve 33 per cent seats for women in the Lok Sabha and state assemblies.

industrial growth, especially manufacturing growth continues to be tepid," the report said. The Indian economy grew at 7.8% in the first quarter of the current fiscal year on higher government and private capital expenditure, and strong services growth. “All these risks will continue to weigh and restrict India’s GDP growth to 6.2% in FY24 (FY23: 7.2%), and the quarterly GDP growth, which came in at 7.8% in 1QFY24, is slated to slow down sequentially in the remaining three quarters of FY24," said Sunil Kumar Sinha, Principal Economist, India Ratings and Research.

Partners in big-four accounting firms could be on the hook for nine-figure payouts from new tax-promoter penalties, although draft legislation released on Wednesday shows the maximum sanctions will be less than the $780 million figure previously flagged by the government.

The stock market declined yesterday, coinciding with a rise in rates on the 5-year and 10-year Treasuries to their highest levels since 2007. Ahead of the Fed meeting, the bond market is signaling that rates will likely remain high for an extended period.

By Ankika Biswas and Shristi Achar A

By Dhara Ranasinghe and Tom Westbrook

₹66 to ₹70 per equity share of face value of ₹10 each. Madhusudan Masala IPO lot size is 2,000 equity shares and in multiples of 2,000 equity shares thereafter. Madhusudan Masala IPO, which is worth ₹23.80 crores, is completely a fresh issue of 3,400,000 equity share; there is no offer for sale (OFS) component.

As weekends approach, more and more people are opting for road trips using services like Zoomcar, DriveU, and QuickRide during the period leading up to the festive season. Simpl, a payment platform, has reported that the number of bookings on these merchant platforms, made through its one-tap checkout, has doubled in August this year compared to the same time in 2022. Reportedly, out of the different ways to travel, more and more people are choosing to rent self-driven cars.

rapper Shubhneet Singh, popularly called Shubh, doesn't seem to stop as his India tour has been abruptly cancelled by BookMyShow, the online ticketing platform. This decision follows intense controversy and allegations of Shubh's alleged support for Khalistani elements, triggering a wave of backlash and demands for the tour's cancellation. The cancellation of Shubh's 'Still Rollin Tour for India' was confirmed by BookMyShow in a statement released on Wednesday. While the statement did not explicitly mention the reason behind the cancellation, it seems to be a response to the growing allegations against the rapper. BookMyShow tweeted, «Singer Shubneet Singh's Still Rollin Tour for India stands cancelled. To that end, BookMyShow has initiated a complete refund of the ticket amount for all consumers who had purchased tickets for the show.

Options traders are seeking protection from higher interest rates ahead of Wednesday’s Federal Reserve policy decision. 

The retirement years of millions of Americans appear to be on a better course, but the reality may be less rosy according to Goldman Sachs Asset Management.

Bank of America Corp.’s Savita Subramanian is the latest Wall Street strategist to boost her target for the S&P 500 after the sharp rally in 2023 left forecasts in the dust.

As on-chain activity continues to thrive, PogeX token (POGEX) has emerged as the latest DEX-launched moon-shot following a monumental +1,125% overnight rally.

Inflation in Britain fell unexpectedly in August to its lowest level since the start of Russia’s invasion of Ukraine, which led to sharp rises in energy and food costs

Leading Chinese planners have voiced confidence in the outlook for the world's second-largest economy, holding key interest rates steady amid signs of improvement in some areas such as services

Bis Industries, the troubled mine-site trucking company, has staved off a showdown with its lenders by convincing major shareholders The Carlyle Group and Varde Partners to tip in fresh equity.

BookMyShow on Wednesday cancelled Punjabi- Canadian singer Shubhneet Singh's India tour after the ticket booking app faced a boycott call on social media for hosting a singer who is allegedly a Khalistani sympathiser. In a post on X, formerly known as Twitter, BookMyShow said it will do a complete refund of the tickets within 7-10 days. "Singer Shubhneet Singh's Still Rollin Tour for India stands cancelled.

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Hardeep Singh Nijjar, a pro-Khalistan leader in Canada, followed by the expulsion of diplomats, experts think it will have very little impact on Canadian investment in India and the overall market sentiment. Concerns have been growing that the fresh tensions in the India-Canada relationship will see some outflow as Canada Pension Plan Investment Board, the largest pension manager in Canada, has significant holdings in some of the Indian companies.