The rally in PSBs, analysts feel, was more a knee-jerk reaction to the development, and the actual benefits will start to accrue once the addition takes place in 2024

Banks

Given the relatively small weight in the Bloomberg Global Aggregate Index, analysts expect India's inclusion could take place in one shot

bonds market, currencies, currency, RBI, yield

Closing Bell on Friday, September 22: The Nifty PSU Bank jumped the most, rising 3.5 per cent

BSE, NSE, Sensex, Nifty, stock markets

Stocks to Watch today, September 22, 2023: Glenmark Pharmaceuticals Board has approved the divestment of a 75 per cent stake in its subsidiary Glenmark Life Sciences to Nirma for Rs 5,651 crore

Markets, market valuation, stocks, Sensex, Adani Group

Textiles, chemicals, certain consumer electronics products among trade categories that could be affected

India's exports had a disappointing start in the first month of the new financial year as growth crashed to a four-month low of only 0.64 per cent in April

Closing Bell on Wednesday, September 20: HDFC Bank shares were the biggest dragger on the benchmarks as they dropped nearly 4 per cent, while JSW Steel, and Reliance Industries fell over 2 per cent

Stock broker, broker, trader, marker, markets, stock markets, stock, market crash, market fall, loss

Catch all the latest LIVE updates related to the Parliament's special session here

Lok Sabha

Batting for the 'one nation, one election' proposal, BJP general secretary Kailash Vijayvargiya on Tuesday asked if festivals like Diwali can be celebrated at the same time across the country, why can not  there be simultaneous polls.
He was replying to the question whether it was practically possible to hold simultaneous elections in view of different weather conditions in different parts of the country.
"We celebrate Diwali together across the country. The festivals of Christmas and Eid are also celebrated together all over the country....so why can not we celebrate the election-day together, he said.
The BJP leader termed the Congress's 'Jan Akrosh Yatra' outreach campaign as an "apology yatra" ahead of the  assembly polls in Madhya Pradesh that are due in November.
The previous Congress government led by Kamal Nath did not fulfil the promises made to farmers, milk producers, the unemployed youth and teachers, he claimed.
Calling the bill reserving a quota for women in the Lok 

BJP general secretary Kailash Vijayvargiya

Ukrainian President Volodymyr Zelenskyy said Tuesday that Russia is weaponising everything from food and energy to abducted children in its war against Ukraine  and he warned world leaders that the same could happen to them.
When hatred is weaponised against one nation, it never stops there," he said at the UN General Assembly's annual top-level meeting. The goal of the present war against Ukraine is to turn our land, our people, our lives, our resources into weapons against you  against the international rules-based order.
He pointed to the war's effect on fuel and food supplies. And he highlighted what Ukraine says were at least tens of thousands of children taken from their families after Moscow's invasion: What will happen to them?
"Those children in Russia are taught to hate Ukraine, and all ties with their families are broken. And this is clearly a genocide, Zelenskyy said.
The International Criminal Court issued an arrest warrant in March for Russian President Vladimir Putin

Volodymyr Zelenskyy, Antonio Guterres

India's renewable sector is booming but just not fast enough to become 1.5-degree Celsius compatible, and the country is heading in the opposite direction entirely when it comes to phasing out coal power, a new report by Climate Action Tracker claimed on Tuesday.
The Union environment ministry, however, said the report completely ignores the concept of "fair share and cumulative historical responsibility of developed nations".
It said the Indian government has been implementing a number of schemes and programmes, both in terms of mitigation and adaptation and the report totally ignores this aspect.
The report by the independent research group that tracks government climate action and measures it against Paris Agreement goals comes on the eve of the United Nations' Climate Ambition Summit.
It analyses whether the plans of 16 countries to decarbonise their power sector align with the goal of keeping global warming below 1.5 degrees Celsius.
These 16 countries include Australia, Braz

India's renewable energy boom not fast enough for 1.5-degree Celsius goal: Report

Tata Power acquires Welspun's renewable energy assets

Overseas institutions are also a better bet for Adani. Tapping Indian banks, especially state-run lenders, would be a tad cheaper, but might invite greater political scrutiny ahead of general election

Adani, Adani Group

India's ambitions for green hydrogen are riding the coat-tails of Chinese equipment, with Beijing's global stranglehold on the green hydrogen business now extending to New Delhi

green energy targets in mind, but is India technology-ready?

green energy

While posing a complex challenge, slums also offer a unique opportunity for morally and economically imperative urban development

Dharavi

As part of the partnership, Infosys will have access to NVIDIA's full-stack gen AI program and will set up a NVIDIA Centre of Excellence

NVIDIA Founder & CEO, Jensen Huang with Infosys Co-founder & Chairman, Nandan Nilekani (Photo: Infosys)

NVIDIA Founder & CEO, Jensen Huang with Infosys Co-founder & Chairman, Nandan Nilekani

The board of the private sector lender is scheduled to meet on Friday, September 22, 2023 to consider the raising of funds by issue of equity shares / any other equity linked securities.

Karnataka Bank

India had a total of 1,580 GCCs with a talent base of 1.66 million as of FY23, according to the latest Nasscom-Zinnov report

Global capability centres go beyond Tier-I cities, chasing cost and talent

The president of the United Auto Workers said on Friday the union will expand its strike against major automakers by walking out of 38 General Motors and Stellantis plants in 20 states.
Ford was spared additional strikes because the company has met some of the union's demands during negotiations over the past week, said UAW President Shawn Fain.
The union is pointing to the companies' huge recent profits as it seeks wage increases of 36 per cent over four years.
The companies have offered a little over half that amount. The UAW has other demands, including a 32-hour work week for 40 hours of pay and a restoration of traditional pension plans for newer workers.
The companies say they can't afford to meet the union's demands because they need to invest profits in a costly transition from gas-powered cars to electric vehicles.
The UAW's contract with the automakers expired at midnight on September 14, and workers walked out of a Ford assembly plant near Detroit, a GM factory in ...

General Motors

A Fed spokesperson said the cuts are focused on the staff of the U.S. central bank's 12 regional reserve banks and mainly hit information technology jobs

US Fed

The QUAD Foreign ministers met for a follow-up on the Quad Leaders' Vision that was outlined in Hiroshima on May 20, 2023

External Affairs Minister (EAM) Dr S Jaishankar

Bike and auto-rickshaw aggregator Rapido has drawn up plans bring on board 200 women drivers over the next three months, the company said on Friday.
Currently, Rapido Auto has engaged 50 female 'captains' hailing from diverse backgrounds in the city for its ride-hailing service, and it aims add more than 200 active captains in the next three months through collaborations with various Coimbatore-based non-governmental organisations, the company said in a release.
Rapido will equip the women captains with essential safety and driving skills through the comprehensive training programme in collaboration with the NGOs. It also plans to launch micro-loans and family health insurance for women auto captains in Coimbatore, the release added.
This initiative would enable women to earn between Rs 800 and Rs 1,000 a day, translating to a monthly income of Rs 25,000 to Rs 30,000, it added.
"Rapido Auto, as a company, is deeply committed to fostering gender empowerment and inclusivity. Our jour

Bike taxi startup Rapido plans to ramp up hiring of women captains

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Global capability centres go beyond Tier-I cities, chasing cost and talent

Strikes against automakers spread to nearly 38 locations in 20 states

US Federal Reserve cutting staff after more than a decade of payroll growth

QUAD FMs reiterate commitment to free Indo-Pacific on UNGA 2023 sidelines

Rapido aims to rope in over 200 women as auto-rickshaw 'captains'

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