The Economic Times

Sebi has launched Demat 2.0, a pilot for tokenised corporate bonds using distributed ledger technology and wholesale e-rupee settlement. REC, L&T and IIFL have raised Rs 1,025 crore, while future phases will enable trading and retail investor access in India.

Connaught Place market will remain open during the BRICS summit in Delhi. Traffic restrictions are expected to affect movement in parts of the city. Customers are advised to follow traffic advisories to reach the market. The Delhi Metro Museum at Supreme Court Metro Station will close. This museum will reopen on September 15 after its holiday.

Watching a series is not always about experiencing individual episodes one at a time. Instead, it can become a goal-oriented activity in which viewers become invested in following the story, understanding the characters and ultimately finding out how the narrative unfolds.

The Karnataka High Court has recently invalidated the 2% cess on cinema tickets instated by the state government, which was still pending execution. Following the Labour Department's decision to retract their September order concerning the levy, the court is now looking for the government's input on a petition challenging this tax. Notably, the 2024 Act aimed to utilize this cess for enhancing worker welfare.

Unemployment claims have experienced a modest decline last week, remaining historically low. Companies are reluctant to make layoffs, recalling previous labor shortages. Although job creation continues, it is at a slower rate than during past years. Job growth this year reflects improvement compared to the disappointing statistics of 2025. The job market demonstrates resilience in the face of increasing gasoline prices.

A New Zealand woman faced a harrowing experience after depositing forty thousand dollars. Her newly opened Chase bank account was locked and subsequently closed by the bank. The bank cited their right to refuse service and stated a cheque would be mailed. Other users suggested new accounts undergo enhanced anti-money laundering reviews. This incident highlights potential challenges for new residents opening U.S. bank accounts.

Quote of the Day by Rudyard Kipling: Rudyard Kipling's quote emphasizes using every moment purposefully. His words encourage discipline and giving your best effort always. Kipling's literary career spanned journalism, poetry, and children's stories. He received the Nobel Prize for Literature in 1907. His message about time remains relevant for modern readers.

Six stocks in the BSE 250 Small-cap Index hit fresh 52-week highs as the Sensex gained 138 points to close at 74,902. Welspun Corp led with a 51% monthly gain, followed by Finolex Cables, Chennai Petroleum and Maharashtra Seamless.

Southwest Florida grapples with the unsolved Hog Trail Murders from the 1990s. Daniel Conahan was convicted for one murder, but many bodies remained unidentified. Investigators suspected Conahan in numerous other deaths across the region. Weak evidence and appeals ultimately prevented further charges against him. The full truth behind these decades-old killings may never be known.

Canada is launching a National AI Literacy Initiative to educate its citizens which offers free online courses covering AI basics and responsible usage. Students, teachers, and workers will receive free AI training as Canada rolls out a national initiative focused on practical AI literacy, starting from September 21. This course is necessary as AI becomes embedded in jobs and everyday services.

The Sumadhura Group is gearing up for a massive investment of Rs 17,000 crore, set to complete by March 2030. This extensive funding will drive a variety of housing and commercial projects while facilitating key land acquisitions. Their ambitious plan includes a development pipeline of 45 million square feet across three major urban centers, primarily focusing on residential units.

Pam Kaur, the Chief Financial Officer at HSBC, is set to resign in 2027, prompting the bank to initiate a search for a new leader. This search includes potential candidates from both inside and outside the organization. Kaur has been a key player in supporting CEO Georges Elhedery's restructuring for two years, and her exit comes amidst a series of significant departures from the bank.

Farmer Indrasan Singh of Inderpuri from Uttarakhand developed a paddy variety after noticing one plant that differed from the rest in a crop grown from Ratna seeds. He saved and replanted its seeds over several years before testing the resulting variety on his farm. Named Indrasan, the variety was later spread among farmers and received institutional support for further development.

Kolte-Patil Developers reported remarkable success with its latest Pune project, Vyana at The Reserve, where they sold over 600 apartments worth more than Rs 600 crore in just 60 hours post-launch. This rapid turnover not only highlights the project's allure but also reflects the immense trust customers have in the developer's vision and quality.

Prime Minister Narendra Modi spoke with German Chancellor Friedrich Merz. They reaffirmed their commitment to strengthening the strategic partnership between the two nations. This collaboration will focus on trade, defense, and clean energy initiatives. Germany remains an important pillar for India's engagement with Europe. Both leaders aim to deepen this forward-looking partnership for mutual benefit.

Nestle is increasing prices and reducing product offerings to manage rising costs. Higher energy and raw material expenses are impacting suppliers globally. The company is also streamlining its brand portfolio through divestments and potential acquisitions. Nestle advocates for food manufacturers' involvement in India's front-of-pack labeling discussions. Efforts continue to reduce sugar, salt, and fat content in many products.

In the summer of 1776, the American Revolution was transforming a collection of British colonies into a nation with an uncertain future. One of the most revealing moments in that transformation came when the Second Continental Congress formally adopted the name United States of America, replacing the earlier designation United Colonies of North-America.

At 16, Vyasji Mishra, a Class 11 student from Devsar in Madhya Pradesh, developed a hybrid stove that used kerosene and steam as alternative heat sources. The innovation won him a first prize at a science exhibition in 2003. Developed with his elder brother, the stove was designed to reduce kerosene consumption and smoke, though later testing found it could save about 20 per cent fuel.

Delhi government is forming a State Disaster Response Force for quick calamity response. This initiative follows a recent building collapse which claimed several lives. The National Disaster Response Force will provide essential training and equipment. Delhi's fire department and Civil Defence volunteers will also receive specialised training. The government aims to establish a capable and rapid response mechanism for disasters.

School holiday tomorrow: In anticipation of the BRICS Summit, Delhi schools will be closed on September 11, 2026. Weather-related closures may also affect schools in Uttarakhand and Bihar. Meanwhile, Odisha and Himachal Pradesh are keeping a vigilant eye on weather conditions. Schools in Uttar Pradesh and West Bengal are generally expected to remain open; therefore, parents should verify their local school's status before sending kids to classes.

Chongtham Vikram, a respected musician and music teacher from Manipur, died following a brutal assault at his residence in Kilokri, New Delhi. He is survived by his wife and son.

Agriculture sector NPAs have significantly decreased to single digits, according to Nabard Chairman Shaji Krishnan V. Boosting crop productivity and enhancing credit facilities will drive further improvements, he said.

Iran-backed Houthis aim to control Yemen's Red Sea coast and Bab el-Mandeb strait. This strategic waterway connects Asia to Europe via the Suez Canal. Major shipping firms have rerouted vessels, increasing freight costs and journey times. Houthi control could grant Iran leverage in its conflict with the United States. Petroleum volumes transiting Bab el-Mandeb represent about seven percent of global oil output.

In 2015, Olivia Newton-John bought a 12-acre ranch in Santa Ynez for $4.69 million. The peaceful riverfront estate offered plenty of open space and a private country setting. Four years later, the property returned to the market for $5.4 million. It featured a barn, pasture and expansive grounds. The ranch reflected the quiet rural lifestyle that made Santa Ynez an appealing retreat for Newton-John.

The government has backed the push through measures including opening the space sector to private companies, tax incentives for data centres, large production-linked schemes for semiconductors, electronics and solar, localisation requirements and purchases of GPUs.

President Donald Trump pledged $5,000 to every adult American if Republicans win elections. This extraordinary promise would cost over one trillion dollars and require congressional approval. Vice President JD Vance suggested payments would exclude the wealthy and could be funded by tariffs. Experts note the US runs significant deficits and has a large national debt. Trump seeks to defy midterm trends with this unconventional campaign proposal.

On Wednesday, Indian government bonds showed some fluctuations but still managed to outperform their global counterparts. Rising oil prices and increased concerns regarding supply chains pushed international bond yields higher. However, India's banking system's surplus liquidity helped stabilize local debt. Market participants are now closely monitoring upcoming inflation figures and central bankers' policy moves, with the Reserve Bank of India potentially using liquidity-reducing measures to ke

Quote of the Day by Sheryl Crow: Sheryl Crows quote, Just wondering why I feel so all alone, why Im a stranger in my own? explores the feelings of loneliness, disconnection, and emotional isolation. The quote reflects the experience of feeling like an outsider even within familiar surroundings, suggesting that loneliness is not always about being physically alone but can also come from feeling disconnected from oneself or the people around us.

In 1865, rabbits were brought to Enderby Island, evolving distinct traits over the next 127 years. As conservation efforts aimed to restore the island's ecosystem, authorities grappled with the challenge of balancing the removal of these introduced species with their unique identity. Ultimately, fifty rabbits were relocated to the mainland, allowing for the preservation of the Enderby rabbit lineage through managed breeding programs in New Zealand.

Italian Proverb of the Day: Il buongiorno si vede dal mattino means A good day is visible from the morning. This Italian proverb suggests that early signs can reveal how something may develop. Whether applied to a new project, relationship or undertaking, its message encourages people to pay attention to beginnings, recognising that a promising start can offer clues about what follows.

The Houthis in Yemen are making significant strides towards seizing control of the Bab el-Mandeb Strait. Recent clashes between Saudi-backed troops and the Houthis have become increasingly violent, posing a serious risk to global energy supply chains and crucial maritime corridors. Houthi forces have launched attacks on various infrastructure and cities within Saudi Arabia, putting additional pressure on the already fragile UN-mediated truce established in 2022.

The Securities and Exchange Board of India (SEBI) has completed the first phase of its Demat 2.0 pilot for corporate bonds and will next bring secondary-market trading into the new technology framework, SEBI Chairman said on Thursday.

In a significant move, Nasdaq is set to invest $100 million in Payward, the parent corporation of Kraken. This collaboration aims to create a robust infrastructure for the trading of tokenized equities. Scheduled for a debut in 2027, the Nasdaq Equity Tokens will operate beyond traditional market hours, targeting the growing demand for blockchain-driven investment opportunities.

India's Securities and Exchange Board of India has resolved disclosure breach allegations against two Adani Ports executives, who each settled by paying 1.37 million rupees without acknowledging any fault. This action comes after a thorough probe into banking operations and inter-corporate security deposits, triggered by concerns over financial reporting violations. The inquiry was part of a broader review sparked by the Hindenburg report on potential share price manipulation.

European governments plan to use trade safeguards against surging imports. France, Italy, and Germany will request broad import quotas soon. These measures target chemicals and plastics, especially from China. The European Union is toughening its trade stance amid industrial challenges. This shift reflects a new geopolitical climate and economic pressures.

On September 19, in Indore, Madhya Pradesh, Rahul Gandhi will launch his 'Chhatron Ki Goonj' campaign aimed at addressing students' challenges. This initiative is designed to highlight critical issues such as exam irregularities and rising education costs. By creating a platform for student voices, Gandhi hopes to gather suggestions that will inspire hope and lead to necessary reforms within the educational system.

Delhi Police is deploying 15,000 personnel and 200 paramilitary companies for the BRICS Summit. Over 500 advanced CCTV cameras will monitor key areas around the clock. Security arrangements aim for maximum protection of dignitaries with minimal public inconvenience. Extensive surveys and coordination with multiple agencies are part of the security plan. Traffic restrictions will begin September 10 and continue until September 14.

The settlement relates to an investigation into banking transactions and inter-corporate security deposits involving PMC Projects (India) Private Limited, Adani Ports and Special Economic Zone Ltd (APSEZ), and the port operator's subsidiaries.

Aluminum foil before sleeping is gaining attention as an unusual nighttime hair trick that may help reduce frizz, limit hair movement and preserve the shape of wavy or curly hairstyles. Heres how the method works, how to use it safely, and why satin or silk pillowcases may also help protect hair overnight.

Sonaselection India will launch its IPO on September 17 at Rs 94-99 per share, targeting around Rs 141.6 crore. The Rajasthan-based fabric maker will use proceeds to repay borrowings, buy machinery and fund corporate purposes before NSE-BSE listing.

MK Stalin detailed his MISA-era prison abuse after a chief minister's gesture. The ruling TVK party demanded proof of his alleged detention. Stalin recounted harsh prison conditions and colleague's death. He stated his broken jaw was a brave scar from beatings. TVK criticised the video as an engineered attempt to deflect issues.

In a video shared by industrialist Harsh Goenka, a machine intricately applies mehendi designs, showcasing the intersection of technology and traditional artistry. This innovation brings up discussions about the potential displacement of human mehendi artists. Reactions from social media users have been divided, with some expressing concerns over safety and heightened competition in the field of mehendi artistry.

Mark Rutte, NATO's chief, affirmed the alliance's resilience irrespective of France's upcoming presidential election results. He is optimistic that the new president will maintain defense spending and continue backing Ukraine. Rutte also warned against the long-term dangers posed by Russia to European security while noting recent political changes in Germany.

Russia will discuss digital currency trade settlements with BRICS+ partners this week. President Vladimir Putin will attend the BRICS+ summit in New Delhi. He will promote security, economy, finance, and culture at the meeting. The summit is scheduled to take place on September 12-13. Discussions will focus on future trade settlement mechanisms.

Chinese President Xi Jinping heads to India for a summit on Saturday that could mark the biggest step in a cautious thaw after years of hostility between the two countries. The very fact that President Xi is coming to India does indicate that... even if it's because of the turbulence in the world caused by America, the two countries want a working relationship, said Ashok Malik of The Asia Group.