The Economic Times

Sebi's latest initiative, the Closing Auction Session, has introduced complexities for Sensex options traders, especially on expiry days. Sharp movements seen during the auction period have caused significant agitation among traders. The newly discovered closing price from this session now governs derivative contracts, intertwining cash market volatility with options values.

Nepal seeks climate compensation for flood damages from a new UN fund. The nation faces immense costs for recovery and rebuilding after recent catastrophic flooding. This fund, established to aid developing nations, is currently underfunded and untested. Nepal's leaders are urging concrete action from the international community for immediate support. The fund's limited resources and scheduled meetings pose significant challenges for rapid assistance.

In 1997, retired A-7 Corsair aircraft were deliberately sunk off the Florida coast, serving a dual purpose as artificial reefs. This innovative move provided an essential habitat for various marine species, creating a thriving ecosystem in areas lacking natural reefs. For years, these submerged planes fulfilled their mission effectively, showcasing an exemplary model of recycling military assets into valuable environmental infrastructure.

Psychotherapist Francis Weller emphasizes the importance of holding both grief and gratitude as one navigates life's emotional landscape. He argues that mature individuals who balance these feelings develop deeper compassion and understanding for the suffering of others. Solely embracing grief can lead to a sense of despair, while exclusive gratitude risks disconnecting us from the shared human experience.

Data from StockEdge shows top 10 NSE midcap stocks that reported over 150% YoY net profit growth in the Q1FY27 June quarter. Glenmark Pharmaceuticals, Bharat Dynamics, and Poonawalla Fincorp led the surge with strong financial performance compared to the same period in the previous fiscal year.

The unexpected departure of HDFC Bank's CEO highlights critical gaps in corporate succession strategies. It's imperative that boards establish adaptable crisis management plans for leadership transitions, featuring numerous successors and varied scenario responses.

Penny stocks with appealingly low price-to-book ratios have made remarkable strides, effectively doubling the wealth of cautious investors over the last year. Bhagawati Gas has distinguished itself with a notable rise in its share price. While a few companies experienced drops in revenue, others triumphantly announced profit growth. Investors must prudently evaluate corporate governance and asset quality before diving into these opportunities.

September witnessed a notable outflow of Rs 7,443 crore from Indian equities as foreign investors retracted their investments, a stark contrast to the previous months' inflows. Contributing factors include increasing crude oil prices and robust US bond yields affecting investor confidence. Meanwhile, India's primary market still captivates foreign funds, showing resilience in attracting capital.

Mumbai's GSB Seva Mandal has secured a massive Rs 703.27 crore insurance cover for the upcoming Ganpati festival. The idol will be adorned with over 66 kilograms of gold and 335 kilograms of silver ornaments. This year marks the mandal's 72nd Ganeshotsav celebration, attracting many devotees. More than 40,000 people are expected to benefit from daily food charity services.

Punjab's Chief Minister Maryam Nawaz highlighted internal provincial borders as a greater security threat. She stated terrorism enters Punjab from its adjoining provinces, not neighboring nations. Opposition leaders criticized her remarks as insulting to Khyber Pakhtunkhwa province. They pointed to the sacrifices made by Khyber Pakhtunkhwa police against terrorism.

Nine individuals died and others fell ill after consuming spurious liquor in Sagar district. Two additional deaths occurred around the same time but remain unlinked. Local officials confirmed nine deaths from the illegal alcohol consumption in two villages. The incident follows a similar tragedy in Gujarat's Bhavnagar district last month. Screening has begun in the affected villages as authorities investigate the deaths.

Eleven penny stocks have declined sharply over the past six months, with losses ranging from 49% to 81%. The stocks were identified using a screen of companies with market capitalisation below Rs 1,000 crore, share prices under Rs 20 and minimum recent trading volume of 5 lakh shares, based on ACE Equity data.

IndusInd Bank expects its microfinance business to grow 15-20% in FY27, with CEO Rajiv Anand saying its difficult phase is now behind it. The lender expects growth to return from the second quarter after scaling up disbursements, while risks are also easing.

The 57th GST Council meeting, scheduled for September 12, is likely to be postponed, with a final decision expected after consultations with states. The meeting was set to discuss several ease-of-doing-business measures, including protecting buyers ITC when suppliers fail to deposit GST, simplifying taxation of corporate guarantees, allowing ITC on certain employee-related expenses and enabling small businesses to obtain GST registrations across multiple states.

Pakistan are still the best team to win the Womens Asia Cup, according to team mentor Wahab Riaz, despite their crushing defeat against India and a record-low T20I score. Riaz urged the players to trust themselves, learn from their mistakes and bounce back in their next match against Hong Kong. With Pakistan also making strategic squad changes with future tournaments in mind, the team will be looking to revive its campaign and avoid a group-stage exit.

Maharashtra FDA Commissioner Tukaram Mundhe prioritizes public health over personal popularity. He has taken action against 12,083 establishments for various food safety violations. Hygiene, raw material quality, and manpower are common restaurant violations identified. Online food platforms are also considered food business operators and have faced action.

India's bustling primary market is gearing up for an exciting week ahead, with a staggering sixteen public offerings lined up. These IPOs, collectively valued at over Rs 7,280 crore, promise to draw significant investor interest. Major players like Rentomojo and Kanohar Electricals are at the forefront. With investor confidence on the rise, this wave of new listings will certainly test the market's resilience and capacity for growth.

Delhi anticipates more heavy rain today following recent intense showers. The India Meteorological Department issued a rainfall alert for the national capital. Multiple atmospheric systems are influencing the prevailing weather conditions across the region. Noida and Gurugram also expect rain or thundershowers in the coming days. Residents are advised to stay alert as weather conditions remain unsettled.

Nearly 5.72 crore Pradhan Mantri Jan Dhan Yojana accounts currently hold zero balances. Over 15 crore accounts under the scheme are classified as inoperative. Uttar Pradesh leads with the highest number of zero-balance and inoperative accounts. The scheme aims for universal financial inclusion across all households. More than 59 crore accounts hold over Rs 3.15 lakh crore.

Hyundai expects rural India to contribute around 30% of its sales within four years, up from 25.9% in Q1FY27. Rural sales grew 23% during the quarter, while six in every 10 new Hyundai outlets are being opened in rural markets.

Singapore is investigating racist online commentary regarding the Nepal-Tibet disaster. Authorities are also examining Singapore Airlines' financial ties to Air India. Senior Minister K Shanmugam condemned the hateful and unacceptable online remarks. He stated that social media platforms will be directed to remove violating content. Singapore aims to safeguard its multicultural identity against rising divisive rhetoric.

Novartis India plans acquisitions and deeper market penetration for future growth. The company will focus on five key therapy areas for expansion. Established brands will be brought under full commercial control by 2026-27. Rising chronic diseases and an aging population drive sustained therapy demand. Improved insurance and healthcare infrastructure will unlock new patient demand.

Over 150 companies including Kalyan Jewellers, IREDA, Zee Entertainment, and NSDL are turning ex-record date for dividends between September 7 and September 11. Check out the complete day-wise breakdown of share payouts, special dividends, and corporate actions scheduled throughout the week to know if your stock holdings qualify.

Indian equities may remain volatile as rising crude prices, elevated global bond yields and renewed US rate-hike bets weigh on sentiment. However, strong FPI inflows, resilient GDP growth, better-than-expected earnings and rupee stability offer some support.

Jharkhand Mukti Morcha senior leader and state minister Sudivya Kumar Sonu died on Sunday following a sudden illness, the party said. The Giridih MLA held portfolios including Higher and Technical Education, Urban Development, Tourism, Arts and Culture, and Sports and Youth Affairs. JMM described his death as an irreparable loss.

At least 22 people were killed in a fire that broke out at a wedding party in Kinshasa, Congo, on Friday night, local officials said. The blaze continued into Saturday at a building in Lingwala, where narrow hallways hampered escape. Several others were injured, while the cause remained unconfirmed.

Luxembourg Deputy Prime Minister and Foreign Minister Xavier Bettel will visit India from September 7 to 9, meeting External Affairs Minister S Jaishankar in New Delhi and travelling to Chennai. His itinerary includes engagements at IIT Madras, its Research Park and the inauguration of a new SES campus, the MEA said.

India's spinners dismantled Pakistan for a mere 55 runs in their league match. Shree Charani took three wickets for seven runs, leading the bowling attack. Young leg-spinner Prema Rawat also contributed significantly with her bowling performance. Pakistan's lowest T20 International score was recorded during this match. India achieved this victory without expending much effort.

Quote of the day by Plato: A good decision is based on knowledge and not on numbers. The quote explains why decisions need understanding, context and critical thinking. Numbers and statistics can provide information, but they may not explain the reasons behind a situation. Platos philosophy also focused on knowledge, wisdom, truth, justice and the Good.

Quote of the Day by Jon Hamm: Jon Hamm emphasizes the importance of acknowledging one's struggles, framing it as a true strength rather than a weakness. Many individuals shy away from seeking help due to fear of vulnerability. However, embracing honesty about our challenges paves the way for meaningful solutions and growth. This mindset fosters self-awareness and personal development, proving that recognizing our needs can lead to resolving issues and fortifying ourselves.

Subhash Chandra, along with eight others, is under scrutiny as the CBI has registered an FIR accusing them of inflating their net worth to secure loans fraudulently. This situation has led LIC Housing Finance to announce a staggering loss exceeding 1,322 crore. The Directorate of Enforcement will also step in with a money laundering investigation, and those accused can expect to be questioned soon about these dubious financial activities.

Satwiksairaj Rankireddy and Chirag Shetty advanced to the China Masters final. They defeated Malaysia's Nur Mohd Azriyn Ayub and Tan Wee Kiong. The Indian pair won in three games after a second-game lapse. This victory marks their third appearance in the China Masters final. They now aim for their second title of the current season.

Quote of the day by Matthew Perry explores the quiet legacy of being a good person in other peoples lives. His words speak to relationships, difficult moments, uncertainty and the choices that shape how we are remembered. The article considers empathy, acceptance, personal growth, resilience and the simple value of leaving people better than we found them.

During the centenary celebrations of Shri Ram College of Commerce, Prime Minister Narendra Modi praised the institution's enduring commitment to academic excellence and leadership cultivation. He commemorated the occasion by releasing a special Rs 100 coin. Modi's earlier visit in 2013 as the Chief Minister of Gujarat underlines his lasting connection to the college and reflects the BJP's initiative to engage the youth effectively.

A recent disaster in Nepal highlights growing instability in the warming Himalayas. Massive rock and ice collapses unleash destructive floods and debris downstream. Scientists warn of increasing glacial lake outburst floods and unstable mountain slopes. India faces potential consequences as Himalayan river systems connect across borders. Enhanced monitoring and early warning systems are crucial for vulnerable communities.

According to The Taipei Times, Straits Exchange Foundation (SEF) Secretary-General Luo Wen-jia said Beijing's efforts to attract Taiwanese youths increasingly combine tourism, cultural exchanges and economic incentives with activities associated with its united front strategy. Luo stated that Chinese organisers of tours and exchange programs may incorporate political activities designed to influence or indoctrinate participants. He also cautioned that employment offers promoted to Taiwanese yout

Quote of the Day by Daniel Radcliffe: Daniel Radcliffe's quote highlights the difference between constructive self-criticism and harmful self-hatred. Honest self-reflection aids growth, but self-loathing becomes destructive and debilitating. Radcliffe's career demonstrates challenging oneself while maintaining perspective and self-compassion. He transitioned from Harry Potter to diverse roles, showcasing acting versatility. This message remains relevant for fostering self-awareness and personal

US Navy warships evaded Iranian missile attacks and struck three oil tankers. Two Iranian oil carriers were permanently disabled by the military action. The third unladen tanker was also destroyed in the engagement. This action followed Iran's accusation of a US attack on one tanker. The US stated the tankers funded Iran's Revolutionary Guard network.

Tata Motors has launched a

Foreign investors returned strongly to Indian equities, with August FPI inflows exceeding $3.2 billion. Consumer Services, Financials and Healthcare led buying. HSBC estimates up to $25 billion could enter India if global funds restore neutral allocations, while strong GDP growth, earnings and rupee stability support the outlook.

US envoys Steve Witkoff and Jared Kushner have arrived in Moscow for fresh talks aimed at ending the Ukraine war. The visit comes after Donald Trump said Washington has a new proposal, with the two negotiators expected to travel to Ukraine next.

Nepal's Prime Minister Balendra Shah will address the UN General Assembly soon. He plans to raise climate change and seek international compensation for devastating floods. These flash floods, caused by an ice-rock avalanche, killed over thirteen hundred people. The Nepalese delegation is preparing its position for the upcoming global discussions. This significant foreign trip marks Shah's first since taking office in March.

Tim Curry purchased the historic Seyler House in Los Feliz in 1993. He transformed the Spanish Colonial Revival villa into a Mediterranean-inspired dream home. Curry sold the distinctive mansion in 2000 for $2.6 million. The property later passed through several high-profile owners. The home recently sold for $7.5 million shortly after Curry's death.

Foreign portfolio investors poured over $3.2 billion into Indian equities in August, marking their strongest monthly inflow since September 2024. Consumer Services led buying, followed by Financial Services and Healthcare, while Telecom and Power continued facing significant FPI outflows.

Patrick McGoldrick, former Tata Technologies CEO, sold shares worth Rs 165 crore. He offloaded 21 lakh shares, reducing his stake to 0.62 percent. Mutual funds and asset management firms acquired these shares at Rs 785 each. Tata Technologies reported an 8 percent net profit rise for the March quarter. The company had a strong stock market debut in November 2023.

The CBI registered an FIR against Essel Group chairman Subhash Chandra for alleged fraud. This action follows his opposition to a tribunal bench hearing his insolvency case. A special NCLT bench stayed approval of a repayment plan, noting a lack of clear majority. Chandra's personal insolvency process revealed a significant disparity in admitted claims and proposed settlements.