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NEW DELHI : Indian Railways plans to invite bids from private companies to lease out 84 surplus plots worth over ₹7,500 crore in the next 18 months, two people aware of the matter said. The move is part of the land monetization plans by the Rail Land Development Authority (RLDA), which is responsible for the redevelopment and commercial exploitation of surplus land. The authority has been entrusted with 119 commercial sites for development, of which bids for 35 with a lease value of ₹2,835 crore have already been awarded.

train to stop, but as Dinesh Rathod was struggling to get up, the train ran over him. Mumbai Railway Police has confirmed the incident and based on the CCTV footage has arrested the couple. Avinash Mane and his wife Sheetal Mane will face charges under culpable homicide not amounting to murder, the reports mentioned.

Wood's flagship ARK Innovation ETF, leaving the closely followed fund down more than 20% for the month of August. Wood, whose $7.2 billion fund is well-known for its large bets on companies such as Tesla, Roku and Coinbase Global, remains one of the best-performing fund managers for the year to date. Despite its steep losses this month, ARK Innovation is up nearly 29% so far this year, a performance that puts it in the top 2 percentile of all U.S.

European Union nations are resisting an updated climate pledge showing the bloc is on course to over-deliver on emissions cuts ahead of COP28, in the latest sign of concern over the pace of the green transition. The European Commission, the bloc’s executive arm, is aiming to submit by September a revised pledge showing it’s on course to slash carbon emissions by 57% by 2030, according to a draft document seen by Bloomberg. But Poland, Lithuania, Hungary, Italy, Slovakia and Romania are concerned that the figure — higher than the 55% targeted under the bloc’s green deal — is too ambitious, according to people familiar with the matter.

Jawan’ could enjoy a humongous opening in the USA! According to US-based movie distributor Venky Reviews, the movie sold about 4,800 tickets worth $74200 from 239 locations. Taking to Twitter (now renamed ‘X’), the distributor wrote, “Jawan USA day 1 advance sales $74,158 — 289 Locations — 1334 shows — 4795 tickets sold. 21 days till shows start.” The tweet went viral, amassing more than 123K views and 1,444 likes. «Won’t be surprised if it makes 100-120 crore inr weekend in usa,» gushed a fan. As per a report shared by box-office tracking portal Sacnilk.com, the movie is expected to earn more than that of SRK’s previous release, ‘Pathaan’. It could collect more than Rs 50 crore on day one, predicted the website. In contrast, the Deepika Padukone-SRK-John Abraham starrer minted Rs 37 crore on the first day of release in the US. Khan’s last film, the espionage thriller ‘Pathaan’ was a monstrous hit, earning more than Rs 1000 crore worldwide. It also marked his comeback after a five year hiatus.

Hyderabad, 17 August 2023: Pitti Engineering Ltd., which is into the manufacturing of traction motors and generators, has reported 19.3% growth in net profit for the first quarter at ₹13.97 crore, as compared with ₹ 11.71 crore in the same period last year. The company’s total revenues for the quarter ended June 30, 2023 was at ₹290.71 crore, as compared with ₹311.06 crore in the year-earlier period, down by 6.54%, on account of softening of raw material prices, EBITDA was at ₹42.43 crore as compared with ₹ 35.45 crore, up 19.69%, the highest-ever EBITDA recorded for a quarter. During the quarter the company has achieved highest ever quarterly sales volume of 9,958 MT.

unemployment rate for China’s youth reached an all time record of 21.3% in June. China’s National Bureau of Statistics responded by ceasing publication of the rate. The move calls attention to the lengths to which Beijing will go to suppress unflattering information, in this case the economic distress facing China’s young people.

EG.5 raised concerns for a new Covid outbreak, the World Health Organization (WHO) has now flagged another sub-variant of Omicron BA.2.86, dubbed as BA.X. BA.2.86 is from Omicron's BA. 2 lineage and was first detected in Israel.

Jio Financial Services, the demerged financial services business of Reliance Industries, will begin trading on the exchanges on Monday. Currently, Jio Financial is part of key indices of the BSE and National Stock Exchange, including the Sensex and Nifty 50, at a constant price of Rs 261.8 a share. This price was derived through a special pre-open session conducted by the exchanges on RIL stock on July 20.

dollar hovered around a two-month high on Friday, set for a fifth consecutive week of gains in the longest winning streak for 15 months, buoyed by demand for safer assets on worries over China's economy and bets U.S. interest rates will stay high. The People's Bank of China (PBOC) set a much-stronger-than-expected daily fixing, lifting the yuan from a 9-month low hit on Thursday, while sterling fell after British retail sales weakened more than expected in July.

Mint takes a closer look at ARCs and how they make money. Banks and non-bank lenders use asset reconstruction companies (ARCs) to clear their balance sheet of non-performing assets. Empowered by the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, these institutions act as focussed recovery and turnaround specialists that buy bad debt and pay either in cash or a mix of cash and security receipts.

climate change. It is efficient, allowing society to identify the cheapest unit of carbon-dioxide equivalent to forgo. It is fair: polluters pay; the proceeds can be redistributed.

equity fund DBAG Fund VI. “Our 8-year-long association with GMM Pfaudler has been defined by shared values, strategic alignment, and an unwavering commitment to growth. We are immensely proud of what we have achieved together.

Indian Railways has approved an increase in train speeds between Arakkonam and Jolarpet, reducing travel time between Chennai and Bengaluru, among other destinations. Following upgrades to tracks and signals, trains on this 144-kilometer stretch will now operate at speeds of 130 km per hour (kmph), up from the previous 110 kmph. As per a TOI report, this acceleration is anticipated to cut travel time by approximately 20 minutes.

The MCX October gold futures were trading with gains at Rs 58,399 per 10 grams on the MCX, up Rs 109 or 0.19% from Thursday's closing price. Meanwhile, September Silver futures were at Rs 70,400, higher by Rs 382 or 0.55%. Track prices here On the Comex, gold futures were trading at $1,922 per troy ounce on Friday, up $7.30 or 0.38% while silver futures were at $22.8900, lower by $0.175 or 0.770%.

Also read: Covid-19: India reports 44 fresh infections, active cases down at 1475 The World Health Organization also stated that they are currently monitoring three variants of interest and seven variants under monitoring. WHO further emphasised the ongoing need for improved surveillance, sequencing, and reporting of COVID-19, as the virus continues to circulate and undergo changes.

Indian railway stocks have done very well in 2023. This rapid price appreciation has caught everyone’s attention in the market. And there’s very good reason for this.

The lineage is named BA.2.86, and has been detected in the United States, Denmark and Israel, the CDC said in a post on messaging platform X.

Concord Biotech IPO: Listing date of the Indian Public Offering (IPO) of Concord Biotech Limited has been fixed on 18th August 2023 i.e. today. As per the BSE notice, effective from Friday, August 18, 2023, the equity shares of Concord Biotech Limited shall be listed and admitted to dealings on the exchange in the list of 'B' group of securities.

IRA and 401(k) millionaires are staging a comeback, with the number of seven-figure retirement accounts at Fidelity Investments inching back toward a 2021 high.

Nonprofits and volunteers in Maui have cobbled together countless improvised and urgent solutions since the deadliest wildfire in over a century hit their community