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Shanghai halted transportation links, recalled ships and shut tourism spots including Shanghai Disney Resort on Sunday as it braced for Typhoon Bebinca, in what could be the strongest tropical cyclone to hit the Chinese financial hub since 1949. The Category 1 typhoon, packing maximum sustained wind speeds near its centre of around 144 kilometres per hour (89 miles per hour), was about 500 kilometres southeast of Shanghai as of 1:00 p.m. (0500 GMT). It is expected to make landfall along China's eastern coast after midnight on Monday. The strongest storm to make landfall in Shanghai in recent decades was Typhoon Gloria in 1949, which tore through the city with gusts of 144 kph. Shanghai was last threatened by a direct hit in 2022 by the powerful Typhoon Muifa, which instead landed 300 km away in the city of Zhoushan, in Zhejiang province.

Subscribe to enjoy similar stories. It was in 2019 that filmmaker Ashwika Kapur got to know about the ritualistic hunting festivals, which take place in the seven south-western districts of West Bengal—also called jangal mahal, comprising areas such as Purulia, Jhargram and Bankura—between January and June every year.

Epsilon Advanced Materials is planning to set up a Rs 9,000-crore anode plant in Karnataka with an annual production capacity of 90,000 tonne, a top official of the company said. The investment in the plant would be made in two phases. In the first phase, Rs 4,000 crore would be invested and the remaining Rs 5,000 crore would be pumped in in the second phase, Epsilon Group Managing Director Vikram Handa said. «So, we are looking to build a 30,000-tonne anode plant in India by Q4 2026, which will entail an investment of about Rs 4,000 crore. The plant will be scaled up to 90,000 tonne (capacity) by 2031. The total capex outlay is Rs 9,000 crore for our annual business in the next eight years,» Handa explained. With increasing demand of electric vehicles in India, there is a need for Indian cell manufacturing companies to set up battery plants in the country. Epsilon products will act as a sustainable and reliable supplier of anode and cathode material to these cell companies.

Polygon put one more point on its phase 2.0 map when it announced its major migration from MATIC to POL, however, the ongoing presale of Rexas Finance (RXS), an RWA debutant, appears to be stealing the spotlight. While Polygon struggled to sustain the price pump after the upgrade, Rexas Finance has gained more ground as its presale has captured investors’ attention.

Lumax Auto Technologies on Saturday said it has inked a pact to acquire a majority stake in Greenfuel Energy Solutions from its existing shareholders for an undisclosed amount. The proposed acquisition will enable the company to enter into the green and alternate fuels segment which is expected to witness strong and accelerated growth in the coming years, Lumax Auto said in a statement. Greenfuel is a supplier of high-pressure fuel delivery and storage systems primarily for CNG and hydrogen automobiles.

early retirement goal.

Some Canadian energy companies are better placed to weather the precipitous drop in the price of oil, according to an analysis by Scotiabank Global Equity Research.

Malaika Arora's father's doctor and other relatives who were close to him in the days leading up to his death, news agency ANI reported. They are gathering as much information as possible to understand the circumstances surrounding his tragic decision. On Wednesday, Malaika's father Anil Mehta, 62, allegedly died by suicide after jumping from the sixth floor of Ayesha Manor, a residential building in the upscale Bandra (West) area of Mumbai. According to police reports, as quoted by news agency Press Trust of India, the incident occurred while Mehta’s wife, Joyce, Malaika’s mother, was inside their apartment. The Mumbai Police have recorded statements from family members, including Malaika, Amrita, and their mother Joyce.

Tua Tagovailoa, appear to concur that the Miami Dolphins' top priority following Thursday night will be taking good care of the quarterback's health, given that the 26-year-old recently suffered his third recorded concussion in the previous two years. Medical professionals and a number of former NFL players who haven't wasted any time in pushing Tagovailoa to end his career agree that retirement is likely on the cards. Tagovailoa has previously considered retiring; after sustaining at least two head injuries in the 2022 season, he acknowledged as much. He decided not to retire, using his spirit of competition and subsequent return to land a lucrative contract extension this summer. Also Read: Being a new dad has changed Justin Bieber? He wants to make peace with ex-girlfriend Selena Gomez

BNP Paribas (the bank) for certain deficiencies in statutory and regulatory compliance. The central bank has also imposed penalties on Hewlett Packard Financial Services (India), SMFG India Credit Company, and Muthoot Vehicle & Asset Finance for non-compliance with certain norms. In a statement, the RBI said the penalty has been imposed on the bank for non-compliance with certain directions issued by it on 'Interest Rate on Advances'. Giving details, it said the statutory inspection for Supervisory Evaluation of the bank was conducted by it with reference to its financial position as of March 31, 2023.

If the current trends sustain, Bajaj Housing Finance is likely to deliver multibagger gains to investors on debut.

SIAM), the total passenger vehicle dispatches in the domestic market stood at 3,52,921 units last month compared to 3,59,228 vehicles in August 2023, a dip of 1.8 per cent. Two-wheeler wholesales rose 9 per cent to 17,11,662 units last month against 15,66,594 units in the year-ago period, it added. Scooter dispatches last month climbed to 6,06,250 units from 5,49,290 units in August 2023, a growth of 10 per cent.

Subscribe to enjoy similar stories. The High Seas: Greed, Power and the Battle for the Unclaimed Ocean. By Olive Heffernan.

Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.

best investor this year witnessed jury members prize the conviction of venture investors who not only spot business ideas early on but stay on with an entrepreneur in the long journey of building a company. They also assigned great value to investors who took the call to exit companies at the right time, providing cash returns consistently to their sponsors.

ClaimBuddy and Khageshvara Aviation Technology took an early lead as the ten-member ET Startup Awards jury deliberated on the Best on Campus category. Finally, after two rounds of discussions and a secret voting, ClaimBuddy emerged as the winner, edging out aerospace and urban mobility startup Khageshvara.

Subscribe to enjoy similar stories. Stock benchmarks touched new records and mid-cap stocks joined the Street party on Thursday, signalling rising risk appetite among investors betting on interest rate cuts in the US and earnings momentum in India.

RBI Deputy Governor M Rajeshwar Rao on Thursday asked the National Bank for Financing Infrastructure and Development (NaBFID) to develop a sustainable business model not dependent on government support. Speaking at a NaBFID event here, Rao said such a self-sustainable model has to evolve over the medium term, which also doesn't depend on regulatory dispensations as well. «It is also necessary that over the medium-term, plans for self-sustainable operations, under a business model that is not reliant on continuous government support, or regulatory dispensations would need to be in place,» Rao said, addressing a conference on infrastructure. He added that the dynamic nature of our times necessitates «agile strategies for institutions with a focus on sectors prioritised by the government».

Inflation cooled in August and fell to its lowest level since February 2021, which was around the time the consumer price index began to climb during the pandemic era.

The U.S. Postal Service is ending discounts that shipping consolidators such as UPS and DHL use to get packages to the nation’s doorsteps, in a move meant to help the Postal Service slow losses but that could see the higher costs passed on to consumers

Association of Mutual Funds in India (AMFI). This compares with the long-term average ratio of 1.6. A ratio greater than two indicates that buying inflows are twice as high as selling outflows, reflecting strong investor momentum. Among equity funds, the sector funds have maintained a buy-to-sell ratio of over three for the fourth consecutive month and have had a ratio greater than one for 15 consecutive months. Sector/thematic NFOs reported a net inflow of Rs 33,939 crore over the past three months, accounting for 30% of the total equity fund inflow. During the period, equity funds received a total inflow of Rs 1,15,960 crore. In August, equity NFOs totalled an inflow of Rs 10,202 crore with notable offers including the Motilal Oswal Manufacturing Fund, Motilal Oswal Business Cycle Fund, SBI Innovative Opportunities Fund, and Invesco India Manufacturing Fund.