SENSEX
NIFTY
GOLD
USD/INR

Weather

image 29    C

The Economic Times

Company / The Economic Times

Can artificial snow save a melting glacier? Scientists tested cloud seeding on Chinas Muz Taw Glacier and found a surprising change in ice loss

Scientists experimented with cloud seeding to encourage snowfall on China's Muz Taw Glacier. This artificial snow increased the glacier's reflectivity, reducing heat absorption. Mass loss decreased by fourteen to seventeen percent after the snowfall experiment. Researchers noted this method requires suitable clouds and further extensive studies. The experiment offers a glimpse into unusual interventions for slowing glacier retreat.

9 Sep 2026 12:04 am
Andhra Pradesh clears decks for new defence, warship building unit

Andhra Pradesh has approved a new defense and warship facility at Machilipatnam. Goa Shipyard Limited will invest 8,000 crore in this significant expansion project. This new facility will be the PSU's first venture outside its home base in Goa. Preparatory work begins next month, with trial production expected by January 2028. Commercial production for the first phase is slated to commence in May 2028.

9 Sep 2026 12:04 am
Quote of the day by Eric Clapton: My enlightenment has come from.... Timeless life lesson from an inspiring quote on sadness, emotional strength, acceptance, empathy, self-understanding and why shared pain can sometimes make us feel less alone, by the legendary British guitarist and singer

Quote of the day by Eric Clapton explores how sadness can sometimes bring comfort instead of despair. His words offer a thoughtful life lesson about emotional strength, empathy and shared human experiences. Difficult feelings can make us feel isolated. But recognising that others face similar struggles can bring perspective, acceptance and a quiet sense of relief.

8 Sep 2026 11:59 pm
Gaining ground: Household manufacturing grows 4x faster than corporates

Household manufacturing in India is growing nearly four times faster than corporate entities. This sector's gross value added shows a substantial compound annual growth rate. Corporate manufacturing's share of total manufacturing GVA has seen a decrease. The expansion is driven by smaller businesses and better informal sector data. Textiles, apparel, and metal products lead household manufacturing growth.

8 Sep 2026 11:52 pm
Russia's President Vladimir Putin's 3-day India visit to focus on defence, business

Russian President Vladimir Putin will visit India for three days from Friday, holding talks with Prime Minister Narendra Modi on defence, energy and economic cooperation. Ukraine and West Asia will also feature in discussions. Putin will attend the BRICS summit and visit Innoprom, amid Moscows alignment with Indias peace efforts.

8 Sep 2026 11:51 pm
NSE set to price India IPO at Rs 1,700 to Rs 1,785 a share

National Stock Exchange of India is likely to price its long-awaited IPO at 1,700 to 1,785 rupees a share, below its earlier range of 2,000 to 2,100 rupees. The exchange may also reduce the stake on offer to 5.5%, valuing NSE at up to 4.42 trillion rupees.

8 Sep 2026 11:10 pm
Karamtara Engineering raises Rs 262 crore from anchor investors ahead of IPO. HDFC MF among top buyers

Karamtara Engineering secured Rs 262.50 crore from anchor investors before its upcoming IPO. The company allocated over one crore shares at the IPO's upper price band. Domestic mutual funds and insurance companies participated in the anchor book. Karamtara Engineering's IPO opens for subscription on September 9 and closes on September 11. The company manufactures solar module mounting structures and transmission line towers.

8 Sep 2026 10:33 pm
Jio IPO: Co set to begin investor outreach later this week, say sources

Jio Platforms is preparing for its massive initial public offering after receiving Sebi approval. Investor outreach will commence this week across key global financial centers. The company plans to issue fresh equity shares to raise substantial capital. Proceeds will primarily be used to repay outstanding borrowings of its subsidiary. This public offering marks Reliance group's first since 2008.

8 Sep 2026 10:24 pm
Peerless Roys win 3-decade legal battle for control of 94-year conglomerate after Supreme Court ruling

The Roy family has secured control of the Peerless conglomerate after a long legal dispute. The Supreme Court dismissed a petition, ending a three-decade corporate legal battle. This judgment brings finality to a significant chapter in Peerless's history. The family holds approximately sixty-six percent of the company's shares. The court upheld the validity of the company's past decisions.

8 Sep 2026 10:18 pm
Ahead of Market: 10 things that will decide stock market action on Wednesday

Indian equities extended their decline on Tuesday, with Sensex falling 555 points and Nifty ending below 23,650. Analysts cited elevated crude prices, Fed rate hike concerns and IPO fund absorption, while technical signals suggested 23,600 as key Nifty support.

8 Sep 2026 9:31 pm
Market trading guide: Data Patterns among four stock recommendations for Wednesday

Nifty extended losses for a second session, closing 144 points lower at 23,625. Analysts remain bearish as the index trades below key moving averages. Data Patterns, Kirloskar Oil Engines, Granules India and Arvind feature among four stock recommendations for Wednesday, with analysts highlighting bullish technical setups and potential upside.

8 Sep 2026 8:43 pm
Madhu Kela-backed fund invests in Steamhouse India IPO as company raises Rs 124 crore from anchor investors

Steamhouse India raised Rs 124.2 crore from anchor investors, including funds backed by Madhusudhan Kela and Sunil Singhania, ahead of its Rs 414 crore IPO opening on September 9. The issue, priced at Rs 77-81 per share, comprises a fresh issue of Rs 353 crore and an OFS of Rs 61 crore.

8 Sep 2026 8:35 pm
In 2019, Victoria's Wyndham City turned 199,000 recycled bottles into a 200-metre footpath. 1 year later, the project had reached 339 metres and delivered 1,700kg in carbon savings

Victorias Wyndham City turned 199,000 recycled bottles into a 200-metre footpath in 2019. The project showed how plastic waste could be given a practical second life through sustainable infrastructure. Within a year, the recycled footpath had grown to 339 metres. It also delivered 1,700 kilograms in carbon savings. The initiative offered a simple example of how recycling can support greener public spaces while reducing waste and emissions.

8 Sep 2026 8:04 pm
Biocon shares: Active Pine may divest up to 1% equity worth Rs 638 crore via block deal

Active Pine is likely to sell up to 1.66 crore Biocon shares, worth Rs 638 crore, through a block deal at Rs 385 per share. The development comes alongside Biocons Brazil partnership for Pertuzumab under a 10-year programme.

8 Sep 2026 7:49 pm
Bajaj Finance acquires 5% stake in TrueFan AI as part of Finserv Intelligence

Bajaj Finance has completed a five percent equity investment in TrueFan AI, a move that aligns with Bajaj Finserv's commitment to fostering applied research and driving innovation. This investment will focus on tech startups that demonstrate significant scalability. TrueFan's platform is already being utilized for enhancing customer engagement, with the goal of expanding efforts in personalized marketing and AI-enhanced communication.

8 Sep 2026 6:32 pm
NSE IPO likely to open on September 18, list on September 25: Sources

The National Stock Exchange's IPO is slated to open for public subscription on September 18. This significant offering is expected to raise approximately Rs 30,000 crore. The price band for this substantial IPO will be announced on September 15. This public issue will remain open for three days, starting September 18. The exchange's IPO is poised to become India's largest ever offering.

8 Sep 2026 6:14 pm
Shriram General Insurance inks pact with SK Finance for distribution of insurance products

Shriram General Insurance has partnered with SK Finance to enhance customer access to insurance products in vital markets. This exciting collaboration will allow SK Finance to utilize its broad branch network to distribute these offerings effectively. Through this partnership, customers will benefit from relevant insurance solutions available via SK Finances extensive distribution channels, while Shriram General Insurance will handle all claims and service requests efficiently.

8 Sep 2026 6:14 pm
Lenskart Solutions among 4 stocks to hit 52-week highs & rallied up to 22% in a month

Four BSE 250 LargeMidcap stocksLenskart Solutions, Solar Industries India, Divis Laboratories and Laurus Labshit fresh 52-week highs despite a 555-point Sensex decline, highlighting strong investor interest and momentum across select large and mid-cap stocks.

8 Sep 2026 5:28 pm
Market wrap: BEL, HUL, ICICI Bank, Axis Bank top gainers and losers on Nifty and Sensex on Tuesday

Indian equity markets extended losses on September 8, with Sensex and Nifty falling amid elevated crude prices, rate-hike concerns and heavy IPO activity. Broader markets outperformed, while technical indicators showed continued weakness, though deeply oversold conditions could support a near-term rebound.

8 Sep 2026 5:12 pm
Chandigarh suspends Uber, Rapido licences for 6 months over policy violations

Chandigarh's State Transport Authority suspended Uber and Rapido licenses for six months. This action resulted from their failure to comply with the Chandigarh Aggregator Policy. Both companies received multiple notices but did not submit required documents. The suspension impacts cab and bike-taxi bookings significantly in the city. App-based rides constitute a substantial portion of daily commutes.

8 Sep 2026 5:09 pm
US seeks more access to Venezuela's mineral wealth after tapping its oil, sources say

The Trump administration seeks increased access to Venezuela's mineral wealth. This effort aims to secure critical minerals for national security interests. US companies are being consulted about potential investments in the mining sector. Previous authorizations have already opened pathways for Venezuelan mineral transactions. This strategy aligns with broader US goals in Latin America.

8 Sep 2026 5:06 pm
Beetroot poriyal: 5 easy steps to make this colourful South Indian side dish at home

Beetroot poriyal is a quick, no-fuss South Indian stir-fry that combines earthy beetroot with mustard seeds, curry leaves, and fresh coconut. It is naturally vegan, fibre-rich, and ready in under 20 minutes. These five steps will help you make it well, whether you are new to Indian cooking or not.

8 Sep 2026 4:58 pm
India, China hold senior military commander-level flag meetings on both sides of border; first such meet in Arunachal

India and China held two senior military commander-level flag meetings on September 6 and 7, with one session at Vacha on the Indian side in Arunachal Pradesh and another at Damai on the Chinese side, the MEA said. The meetings followed understandings between the countries and discussions under the WMCC mechanism.

8 Sep 2026 4:56 pm
Imposter PMO official detained with bodyguard carrying a gun ahead of PM Modi's event in BKC

Mumbai Police detained two individuals at the Nita Mukesh Ambani Cultural Centre. One man claimed to be from the Prime Minister's Office while accompanied by a bodyguard. Police recovered a firearm from the bodyguard after which both were detained. The incident occurred before Prime Minister Narendra Modi's scheduled program at the venue.

8 Sep 2026 4:48 pm
IDBI Bank shares crash 11% amid price concerns as Fairfax deal moves closer

IDBI Bank shares fell sharply as investors focused on Fairfax Financial Holdings reported Rs 81-per-share offer for a 60.72% controlling stake. The proposed Rs 53,000-crore deal and potential CSB Bank merger are key developments for investors.

8 Sep 2026 3:19 pm
$127 billion deposits raise new rupee risk as banks face future FX interest bills

With over $127 billion raised in overseas FX deposits since June, Indian banks are now confronting a risky situation regarding unhedged future interest payments. This creates a likelihood for heightened dollar demand, posing a threat to the rupee's stability. While many foreign banks have taken precautionary measures, Indian lenders have not. If the rupee faces renewed weakness, it could spark a frantic quest for dollars amid rising exchange rates.

8 Sep 2026 2:28 pm
Quote of the day by Franz Kafka: The truth is always an abyss. One must, as in a swimming pool, dare to The Metamorphosis author on the difficult journey from everyday reality to deeper truth

Franz Kafka viewed truth as a deep abyss requiring a courageous dive. He believed ordinary life served as a hesitant springboard for this descent. Confronting deeper realities transforms one's perception of familiar things. Kafka, born in 1883, became influential through works he did not intend to publish. His life ended in 1924, but his writings continue to resonate.

8 Sep 2026 1:54 pm
Quote of the Day by Anton Chekhov: 'When a person is born, he can embark on only one of three roads of life, if you go right, the wolves will eat you, if you go left, youll...' - How Anton Chekhovs three roads of life explain your daily struggles

Anton Chekhov's profound observation sheds light on three troublesome paths in life: the victim mentality, the urge to be aggressive, and self-destructive tendencies. In todays fast-paced world, individuals often find themselves engulfed in these detrimental cycles. Understanding these choices offers clarity to identify extreme behaviors at home and work. With this insight, we can pursue a healthier alternative by establishing boundaries, fostering empathy, and nurturing self-love as essential l

8 Sep 2026 1:53 pm
Los Angeles recycled old street asphalt with microwaves instead of buying virgin paving material; over 800,000 tons were avoided over 5 years, saving approximately $8 million

Los Angeles has pioneered a groundbreaking method for recycling old asphalt pavement through microwave technology. This inventive technique not only minimizes waste but also leads to significant financial savings. Over 800,000 tons of virgin pavement were conserved, alongside millions of dollars. The process effectively repurposed reclaimed asphalt pavement into new road material, all while avoiding additional fuel consumption, presenting a smart solution for urban road maintenance issues.

8 Sep 2026 1:50 pm
Pennsylvania used 5,570 tons of shredded tires in the Tarrtown Bridge approaches; project estimated to save about $514,000

Discarded tires are being creatively transformed into lightweight aggregate for use in road construction. This innovative method not only alleviates pressure on weaker soil but also mitigates settlement issues. The shredded rubber enhances drainage capabilities, helping to prevent road damage during wet weather. Engineers are selectively implementing this eco-friendly option, recognizing its minimal impact on groundwater, while also diverting tires from landfills and reducing the need for tradit

8 Sep 2026 1:40 pm
S&P assigns Bank of India 'BBB' rating on capital, funding strength

S&P Global Ratings assigned a BBB long-term rating to Bank of India. This rating reflects sufficient capitalisation, solid funding, and healthy liquidity for the bank. The agency noted the likelihood of extraordinary government support if needed for the state-run bank. Bank of India's role in financial inclusion and strong government links underpin its creditworthiness. Profitability and asset quality lagging industry averages temper these strengths, S&P stated.

8 Sep 2026 1:33 pm
MF Favourite Smallcaps: 14 stocks that soared up to 220% in CY26.

Several Nifty Smallcap stocks have delivered stellar returns in CY26, with 28 stocks gaining over 50% so far and five turning multibaggers. A screen of stocks held by more than five mutual fund schemes identified 14 smallcaps that combine strong price momentum with institutional interest.

8 Sep 2026 1:28 pm
Brokerage Disclosures

The views/recommendations mentioned in the articles, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The EconomicTimes Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Here are the independent disclaimers by the respective analyst

8 Sep 2026 1:22 pm
A Fresno home replaced dark asphalt shingles with reflective concrete roof tiles; a Lawrence Berkeley study reported 26% lower annual cooling energy use and 37% lower peak-hour demand

A recent study in Fresno demonstrated that reflective roofs could lower cooling energy consumption by an impressive twenty-six percent. Homeowners experienced a peak cooling demand decrease of thirty-seven percent, resulting in significant savings. The reflective material absorbs much less sunlight compared to traditional dark shingles, and the study also revealed minor benefits for winter heating. Effective installation with proper airflow is essential for achieving these energy-saving results.

8 Sep 2026 1:00 pm
Historic achievement for 21st-century India: PM Modi inaugurates Rs 35,000 crore development projects in Vadodara

Prime Minister Narendra Modi has officially inaugurated a series of development projects in Vadodara, surpassing Rs 35,000 crore in value. He highlighted key sections of the Western Dedicated Freight Corridor, signifying an important achievement for the nation. The announcement also included various railway and highway enhancements, aimed at bolstering national infrastructure and expediting India's transformation into a fully developed country.

8 Sep 2026 12:54 pm
Parents planned 5-month US stay, allowed only 2 months as father has job in India: NRI shares entry experience, seeks advice

An NRI's parents faced reduced US stay despite a five-month return ticket. Immigration officers questioned their extended visit and job status in India. They were issued an I-94 allowing only two months of legal stay. Social media users advised that overstaying could lead to future entry issues. The parents must depart the US by the specified date.

8 Sep 2026 12:53 pm
PVR Inoxs Rs 300-crore buyback opens on Sept 10: Check buyback price, key dates, entitlement ratio

PVR Inoxs Rs 300-crore share buyback opens September 10 and closes September 17, offering eligible shareholders Rs 1,450 per share, over 25% above the market price. The company plans to repurchase nearly 21 lakh shares. Eligibility depends on the September 4 record date, with separate entitlement ratios for small and general shareholders.

8 Sep 2026 12:32 pm
Copper hits record high, UltraTechs Ultravolt on the offensive: A double whammy for cable makers in FY27?

Copper prices have soared to unprecedented levels, creating ripple effects on manufacturing expenses worldwide. UltraTech's Ultravolt is making bold strides into the Indian wires and cables sector, creating a competitive landscape for established manufacturers in fiscal year 2027. As a response to escalating input costs, companies are enacting price hikes, raising investor apprehensions about increased competition and dwindling profit margins.

8 Sep 2026 12:20 pm
FCNR(B) windfall for banks explained: Who got highest inflows and what it means for investors

FCNR(B) deposits offer banks a cheaper and balance-sheet-efficient source of funding, but their finite tenor and initial deployment challenges could pressure margins. While ICICI Bank and Kotak Mahindra Bank stand to benefit from higher inflows, IDFC First Bank offers the strongest earnings upside. Investors may see margin pressure initially before stronger liquidity, loan growth and lower funding costs support earnings.

8 Sep 2026 12:13 pm
SC directs Assam not to appoint teachers in schools, colleges under provincialisation scheme

In a significant ruling, the Supreme Court has instructed Assam to halt teacher appointments under the provincialisation scheme due to concerns raised about the recruitment process's integrity. Petitioners argue it allows the entry of unqualified individuals into government service. The court has sent notices to the Centre and state officials for further review, insisting that all future appointments adhere to a merit-based competitive framework to ensure constitutional alignment.

8 Sep 2026 12:04 pm
Monkeys turn residents in Noida society into cages, authorities debate jurisdiction

Residents of Gulshan Botania in Noidas Sector 144 say rhesus macaques have repeatedly entered homes, damaged belongings and raided kitchens, forcing them to keep windows and balcony doors secured. Despite repeated complaints to multiple authorities and attempts to hire private monkey catchers, residents say the problem persists. Uncertainty over which authority is responsible has further complicated efforts to find a lasting solution.

8 Sep 2026 12:03 pm
PC Jeweller shares fall 5% after sharp 3-day rally; stock up 388% in 3 years

PC Jeweller shares retreated after a 37% three-session rally, likely due to profit booking. Despite the decline, the stock remains up 31% in a week and 45% in 2026, with gains of 388% over three years and 424% over five years.

8 Sep 2026 12:00 pm
'What are Shah's MHA and Delhi Police doing?': Rahul Gandhi demands justice for slain Manipuri musician Vikram Singh

Congress MP and Leader of Opposition in the Lok Sabha Rahul Gandhi on Tuesday sought a swift investigation into the killing of 54-year-old Manipuri musician and music teacher Chongtham Vikram Singh, who allegedly died after being assaulted by a group of men in Delhi's Kilokari village following a dispute over noise outside his residence.

8 Sep 2026 11:55 am
Psychology says resilience is not something you are born with, but a skill built with time, patience and practice

Resilience is the ability to handle stress through learned skills, rather than something you're born with. It's a multifaceted capacity shaped by your environment and daily practices. Building strong relationships and managing emotions effectively are essential to this process. By consistently engaging in healthy habits and surrounding yourself with supportive influences, you can cultivate a deeper sense of resilience.

8 Sep 2026 11:50 am
India womens hockey team eyes Asian Games gold, LA 2028 Olympic berth after historic World Cup

The Indian women's hockey team is heading to the Asian Games with high hopes. Their primary objective is securing gold and an Olympic Games berth. This follows a strong fifth-place finish at the recent World Cup tournament. The squad combines experienced players with emerging young talent for this challenge. They will compete in Pool B, beginning their campaign on September 20.

8 Sep 2026 11:49 am
HFCL, Sterlite Tech shares jump 5%: Whats driving up to 705% multibagger run?

HFCL and Sterlite Technologies hit their upper circuits on Tuesday, extending their sharp 2026 rallies on strong business updates. HFCL has surged over 267% so far this year, while Sterlite Tech has delivered a staggering 705% return, making both standout multibaggers.

8 Sep 2026 11:49 am