U.S. consumer sentiment improved in September with inflation subsiding, though caution remains ahead of the November presidential election. The University of Michigan's preliminary reading on consumer sentiment rose to 69.0 from 67.9 in August. One-year inflation expectations fell to 2.7%, the lowest since December 2020, while the five-year outlook edged up slightly.
Shell India hosted the second edition of 'Changemakers of Tomorrow 2024' in Bengaluru, bringing together experts, industry leaders, and innovators to shape the future of energy. The event featured Shell's initiatives, masterclasses by partners like Wipro and Microsoft, and discussions on low-carbon technologies and energy storage.
Circle's move to New York City is another sign that the cryptocurrency industry is looking to become more enmeshed with traditional finance. Companies like Goldman Sachs and BlackRock are also headquartered in the Big Apple.
Steve McQueen's son and actor Chad McQueen, who was most remembered for his part in "The Karate Kid," died at the age of sixty-three. His love of racing and commitment to upholding his father's tradition were highlighted by his family when they made the announcement.
The government plans to introduce the 'Golden City Club' to recognize cities excelling in development indicators, Union Minister Manohar Lal Khattar announced. Cities securing top positions in assessments will join this special category. The initiative aims to foster competition and development, with cities at risk of being downgraded if they fail to maintain their status.
The Indian government has eliminated the $950 per tonne minimum export price on basmati rice, as declared by Union Commerce Minister Piyush Goyal. The Agricultural & Processed Food Products Export Development Authority (APEDA) is tasked with implementing this change and will closely monitor basmati export prices to prevent unrealistic pricing.
Billionaire Rajiv Jain-backed GQG Partners on Friday hiked its stake in Patanjali Foods by acquiring a 1.24 per cent holding from promoter group entity Patanjali Ayurved Ltd for about Rs 835 crore through an open market transaction.
BRO and IOCL are collaborating to meet the significant oil and bitumen requirements for road projects in Northeast India. Despite logistical challenges, both organizations aim to ensure timely completion of critical infrastructure. A recent coordination meet focused on improving supply lines and resolving issues for uninterrupted project execution.
Mutual funds significantly reduced their holdings in Vaibhav Global during August, selling approximately 13.13 lakh shares. This resulted in their total ownership dropping from 14.76 lakh shares in July to 1.62 lakh shares by the end of August.
The National Disaster Management Authority (NDMA) discussed the high cost of parametric insurance premiums and the imposition of 18 percent GST on insurance premiums. The meeting focused on expanding parametric insurance, particularly for extreme heat, and finding ways to finance premiums for disadvantaged groups. The NDMA also plans a workshop on disaster risk insurance in September 2024.
The Supreme Court rejected the CBI's plea to send Delhi CM Arvind Kejriwal to the trial court for bail in a corruption case. The court emphasized that each bail case should be assessed on its own merits and granted Kejriwal bail, citing prolonged incarceration as unjust deprivation of liberty.
As per the provisional payroll data, released by the ministry of labour and employment on Friday, around 56,467 new establishments have been brought under the social security ambit of the ESI scheme in July compared to 13,483 establishments added in June, 2024 thus ensuring social security to more workers.
Bodybuilder Illia 'Golem' Yefimchyk, a native of Belarus renowned for his enormous 6-foot, 340-pound frame, passed away at the age of 36. Known for his rigorous exercise and diet plans, Yefimchyk did not participate in professional competition but rather inspired many through his social media presence. His death comes after a string of devastating losses in the bodybuilding community.
Goldman Sachs' India arm has leased nearly 74,000 sq ft of office space in Mumbai's Worli area for over 10 years. The financial institution will pay around Rs 300 crore in lease rentals for the commercial tower space, which is expected to be delivered within a year.
The recent presidential debate highlighted tariffs, showcasing the stark differences between former President Donald Trump's and Vice President Kamala Harris's economic strategies.
US vice president Kamala Harris is seeing a drop in her support from Generation Z of Wisconsin. On the other hand, there is a slight increase in former president Donald Trump's support from Generation Z. Although Harris is gaining the support of millennials, which Trump is losing.
Shares of Adobe fell nearly 10% on Friday, after the Photoshop maker's disappointing quarterly earnings forecast sparked fears that returns from its push towards artificial intelligence design will take longer to materialize.
AAP has called for Home Minister Amit Shah's resignation after the Supreme Court criticized the CBI for arresting Delhi CM Arvind Kejriwal. The court granted bail to Kejriwal, questioning the agency's fairness and urging it to dispel its 'caged parrot' image. AAP accused the Centre of misusing probe agencies.
The central government has reduced the stock holding limit of wheat for retailers from 3000 MT to 2000 MT for traders and wholesalers. This move aims to increase market supply and control prices. All wheat stocking entities must register on the government portal and update their stock position weekly, especially with the festive season approaching.
A two-month-old pygmy hippo named Moo-Deng has become a viral sensation in Thailand. Videos of her playful antics have captivated audiences, leading to increased zoo visitors and concerns for her well-being. The zoo has taken measures to ensure her safety while raising awareness about the endangered species.
FanCode has secured a three-year deal with T Ten Global for streaming rights of Zim Afro T10, Abu Dhabi T10, and Lanka T10. The second edition of Zim Afro T10 begins on September 21, featuring prominent players like David Warner and Dawid Malan. The tournament will have 21 league games followed by knockout rounds.