India's addition to a major global gauge will give global investors greater access to the world's fastest-growing large economy that offers some of the highest returns in the region

JPMorgan Chase & Co

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

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

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

The IPO gave Instacart a valuation of nearly $9.9 billion, a fraction of the $39 billion it was worth in 2021, the company's last funding round

The total number of people of ethnic Indian origin in Canada was 1.8 million at the time of the last census in 2021

India-Canada, India-Canada flag

Seven leopard cubs have died at Bannerghatta Biological Park here after being infected by a highly contagious virus, officials said on Tuesday.
Feline panleukopenia (FP) is a viral disease of cats caused by the feline parvovirus. Kittens are most severely affected by the virus, they said.
According to officials, the first outbreak was reported on August 22. The seven cubs were aged between three and eight months. All of them were vaccinated but succumbed during the course of treatment.
Executive Director of Bannerghatta Biological Park, A V Surya Sen said though the seven cubs were vaccinated, they were still infected.
"It is now under control and in the last 15 days, no deaths have been reported. We have completely broken the chain and taken all necessary measures. We followed all the required procedure and also held discussions with all our senior veterinarians. All correct course of action was taken. Also, we have ensured hygiene of the entire zoo and the rescue centre was ...

leopard

The US on Tuesday said it is "deeply concerned" about the allegations made by Canadian Prime Minister Justin Trudeau on India's involvement in the killing of a Sikh separatist leader in Surrey, and urged New Delhi to "cooperate" with Canberra in the investigation of the incident.
Hardeep Singh Nijjar, 45, the chief of the banned Khalistan Tiger Force (KTF) and one of India's most-wanted terrorists who carried a cash reward of Rs 10 lakh on his head, was shot dead by two unidentified gunmen outside a gurdwara in Surrey in the western Canadian province of British Columbia on June 18.
Canadian Prime Minister Trudeau on Monday alleged the involvement of "agents of the Indian government" in the killing, claims outrightly rejected by New Delhi as "absurd" and "motivated".
We are deeply concerned about the allegations referenced by PM Trudeau yesterday. We remain in regular contact with our Canadian partners, a State Department spokesperson told PTI.
It is critical that Canada's ...

Prime Minister Narendra Modi with Canadian Prime Minister Justin Trudeau

Largecaps are trading at a valuation discount to mid and smallcap stocks and this has made them attractive

market

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

In a meeting with officials of the DHI, the company has said the period for which the government is demanding a refund of subsidies of Rs 130 crore does not apply to it

Hero Electric to raise capacity at Ludhiana plant to 500k units in 6 months

Hero Electric

Latest model can log 40-50% higher sales in India than iPhone 14, say retailers

Apple Store Saket

Prime Minister Narendra Modi on Friday said the G20 Summit's success has given the nation the confidence to organise such global events and urged those involved in the planning and execution of the summit to document their experiences.
The G20 Summit, under India's presidency, was held here from September 9 to 10.
Addressing those involved in organising of the summit at the event's venue, Bharat Mandapam, Modi also credited ground-level functionaries for the success.
Drawing parallels between the organising of the G20 Summit and the Commonwealth Games, he said the sporting event in the national capital in 2010 got mired into things that brought disrepute to the country and infused a sense of despondency in the governing system.
"On the other hand, the cumulative effect of the G20 Summit has been that of success in showcasing the strength of the country to the world. I am not concerned with the praise in editorials. For me, the real happiness lies in the fact that my country is now 

PM Modi addresses media on the first day of the special session of Parliament, in New Delhi, Monday, Sept. 18, 2023. (PTI Photo/Manvender Vashist Lav)

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

Rapido

The tax notice comes at a time when the company, valued at over $566 million, is already facing heat over the recent move in July by the country's GST Council to impose a 28% indirect tax

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FAME-II subsidy violation: Hero Electric opposes Rs 130 cr refund demand

Made-in-India Apple's iPhone 15 likely to see blockbuster sales: Retailers

G20 Summit success given nation confidence to organise global events: PM

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

Delta Corp gets tax notice for $1.34 bn along with interest, penalty

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