Discount brokers have sustained the rise of the equity cult and gained market share. Now the old guard looks to strike back

Industry players say the number of demat accounts will continue to grow. However, the pace of addition may moderate.

markets, demat account

Half of India's population between the age of 30-55 years believes 59 years should be the age of retirement and thirty-two years is when one should ideally start retirement planning,

investment,saving, money, retirement, rupee

The Apple iPhone 15 Pro Max stands out within the iPhone 15 series and offers substantial improvements over the previous generation model, the iPhone 14 Pro Max

Apple iPhone 15 Pro Max - Natural Titanium

India has been expanding its electronics manufacturing sector as companies diversify production beyond China amid growing Washington-Beijing tensions

Chromebook, Google laptop

Stock market holiday: After Mahatma Gandhi Jayanti on October 2, the market will be closed on October 24, Tuesday, for Dussehra

Stock market, NSE

Aston Martin currently sells about 10-15 cars per year in India through its official dealer Select Cars

Aston Martin DB12

Bharti Group-backed Eutelsat Communications got listed on the London Stock Exchange, the company said on Friday.
This will be the second stock exchange after the Euronext Paris Stock Exchange, where it is already listed.
"Eutelsat Communications is pleased to announce that its entire issued share capital has today been admitted to the Standard Segment of the Official List of the Financial Conduct Authority and to trading on the Main Market for listed securities of the London Stock Exchange (LSE) under the ticker symbol: ETL," the company said in a statement.
The development follows after Eutelsat Communications completed the merger with OneWeb, creating the world's first geostationary-low earth orbit (GEO-LEO) satellite space connectivity company.
"Eutelsat is among a limited number of listed equities offering exposure to the fast-growing Space Sector. Our admission to the London Stock Exchange will offer the opportunity to a wider section of investors and shareholders to participa

Bharti Enterprises

Retail inflation for industrial workers eased to 6.91 per cent in August from 7.54 per cent in July this year mainly due to lower prices of certain food items.
"Year-on-year inflation for the month (August) stood at 6.91 per cent compared to 7.54 per cent for the previous month and 5.85 per cent during the corresponding month a year before," a Labour Bureau statement said.
Food inflation stood at 10.06 per cent in August against 11.87 per cent in the previous month (July 2023) and 6.46 per cent during the corresponding month (August 2022) a year ago.
The Labour Bureau, an attached office of the Ministry of Labour & Employment, has been compiling the Consumer Price Index for Industrial Workers (CPI-IW) every month on the basis of retail prices collected from 317 markets spread over 88 industrially important centres in the country.
The index is compiled for 88 centres and All-India and is released on the last working day of the succeeding month.
The All-India CPI-IW for August 2023 

inflation, US inflation, retail inflation

The Centre on Friday entered into pacts with six bidders, including Hindalco Industries and NLC India Ltd, which bagged coal blocks under the seventh round of coal mines auction.
The government had launched the seventh round of auctions for commercial mining of coal blocks, putting 106 mines under the hammer.
In a statement, the coal ministry said that successful bidders encompass entities such Hindalco Industries Ltd, NTPC Mining Ltd, NLC India Ltd, Shri Bajrang Power & Ispat Limited and Nilkanth Mining Ltd.
The mines for which these agreements have been executed are Meenakshi West, North Dhadu (Eastern Part),
North Dhadu (Western Part), Pathora East, Pathora West and Sherband.
Of the said blocks, four have undergone partial exploration and the other two are fully explored.
The estimated total revenue generation annually from these blocks stands at approximately Rs 787.59 crore, based on production at an aggregated peak rate capacity (PRC) level of seven metric tonne per annum .

Ministry of Mines set to release list of critical minerals for India

Small savings schemes are government-backed investment options that offer guaranteed returns. The interest rates on small savings schemes are reviewed every quarter

Poor batting and dropped catches not helping matters, indicates Rohit Sharma

Savings, Personal finance

Border posts of the Indo-Tibetan Border Police (ITBP) along the India-China frontier from Ladakh to Arunachal Pradesh will have an additional team of intelligence officers for surveillance and information gathering.
A highly placed source said the central government has approved a proposal for establishing the set-up that will be known as the Border Intelligence Post (BIP).
The move bears significance in view of the increased Chinese activities along the border and transgressions by China's People's Liberation Army (PLA).
A stand-off between the Indian Army and the PLA in Ladakh has been going on since June 2020.
Each of the BIPs will be manned by four-five officials of the Intelligence Bureau and protected by ITBP personnel, the source in the know of the development said on the condition of anonymity.
Those personnel who would be deployed at the BIPs will keep an eye on activities across the border and share updates with the higher authorities and the government.
The source, how

Army vehicles carrying military material for soldiers deployed along the border from Rohtang Pass on Manali-Leh Highway. (Photo: ANI)

Three of the world's 10 slowest cities in terms of traffic speeds are in India, according to the findings by a US-based private non-profit research organisation.
As per the report, Bhiwandi in Maharashtra, Kolkata, and Bihar's Arrah are among the 10 slowest cities in the world on the speed index.
The study, conducted by the National Bureau of Economic Research (NBER), covered over 1,200 cities in 152 countries.
According to the report -- 'The Fast, the Slow and the Congested: Urban Transportation in Rich And Poor Countries' -- the average travel speed of motor vehicles throughout the day is the highest in Flint (US), slowest in Bangladesh capital Dhaka, and is the most congested in Bogota (Colombia).
It also said nine of the 10 cities with the slowest uncongested speeds are in Bangladesh, India, and Nigeria.
Researchers used data from Google maps to analyse traffic in more than 1,000 cities having a population of over 300,000.
Bhiwandi ranked 5th in the world's 20 slowest cities 

Vehicles stuck in a traffic jam as the main carriageway of flyover at Hero Honda Chowk from Jaipur to Delhi side on NH-48 is closed for span load testing, in Gurugram (Photo: PTI)

Traffic jam

An Earthquake of Magnitude 5.2 shook Meghalaya and nearby states on Monday evening, the National Centre for Seismology said.
There was no immediate report of any loss of life or damage to property.
The tremor occurred at 6.15 pm in North Garo Hills district in the northeastern state at a depth of 10 km.
The epicentre is around 3 km from Resubelpara, the district headquarters.
The jolt was also felt in nearby states such as Assam and the northern part of West Bengal and Sikkim.
"We have not received any report of loss of life or damage to property," said an official of the disaster management authority here.
The northeastern states fall in the high seismic zone, and earthquakes frequently hit the region.

Earthquake, quake

Kerala Chief Minister Pinarayi Vijayan on Monday inaugurated seven "mega projects" at Cochin International Airport Limited (CIAL) here.
The chief minister launched the operation of the Import Cargo Terminal, DigiYatra software and Airport Emergency Services at the international airport at an event held at CIAL.
He also launched the projects for the first phase of the expansion of Terminal 3, the '0484' luxury aero lounge, an intrusion detection system at the airport and golf resorts.
Addressing the gathering, Vijayan said Kerala is showing the public an alternative when even the strategic public sector undertakings in the country, including airports, are being privatised in the country.
"We are living at a time when even the strategic public sector undertakings in this country are being privatised. But in Kerala, the public sector undertakings are being protected and are prospering. We even took over the public sector undertakings that the Centre had put up for sale," Vijayan said.

Kerala CM Pinarayi Vijayan

US auto safety investigators have expanded a probe into Ford Motor Co. engine failures to include nearly 709,000 vehicles.
The National Highway Traffic Safety Administration also said in documents posted Monday on its website that it upgraded the investigation to an engineering analysis, a step closer to a recall.
The investigation now covers Ford's F-150 pickup truck, as well as Explorer, Bronco and Edge SUVs and Lincoln Nautilus and Aviator SUVs.
All are from the 2021 and 2022 model years and are equipped with 2.7-liter or 3.0-liter V6 turbocharged engines.
The agency says that under normal driving conditions the engines can lose power due to catastrophic engine failure related to allegedly faulty valves.
The agency opened its initial investigation in May of last year after getting three letters from owners. Initially the probe was looking at failure of the 2.7-liter engine on Broncos.
Since then, Ford reported 861 customer complaints, warranty claims and engine replacements ..

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Govt to set up ITBP's intelligence gathering posts along China border

Bhiwandi, Kolkata, Arrah among world's top 10 cities with slowest traffic

Earthquake of magnitude 5.2 jolts Meghalaya, nearby states; no loss of life

Kerala CM launches 7 mega projects at Cochin International Airport

US expands Ford engine probe to 2 motors, nearly 709,000 vehicles

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