The Economic Times

Retail investors have been allocated 35% of the issue, while 50% has been reserved for eligible institutional bidders (QIBs). The remaining portion will be available to non-institutional investors (NIIs).

JD Vance delivered a nationalistic speech at the Republican Dallas convention, testing his 2028 White House prospects. He emphasized an American birthright and criticized Democrats for opposing it. The convention focused on immigration and cultural issues, attacking Muslim politicians. Republicans are considering Vance as a successor to Donald Trump's movement. The event showcased Vance while highlighting Trump's enduring influence on the party.

1980s ChatGPT trend: A social media trend uses ChatGPT to create 1980s-style photographs. Users are transforming their images into retro portraits with regional cultural influences. One popular version focuses on 1980s Kerala and Malayali culture. Prompts include traditional attire, jewellery, and home settings from the era. These AI-generated images capture a specific cultural aesthetic from the past.

Coforge chairman OP Bhatt resigned two days after board evaluation findings were withheld. The internal audit revealed these crucial reports were not shared with other directors. Key investors confronted Bhatt with the review's findings concerning his performance. Bhatt's reappointment as an independent director failed to secure sufficient shareholder support. The company stated the board evaluation process is separate from financial reporting.

As U.S. rate hike expectations firmed up, gold prices remained near a one-week low. The market is gearing up for the pivotal U.S. consumer price index data set to be unveiled later today, heightening anticipation. Speculation swirls around a potential increase in borrowing costs by the Federal Reserve in its next meeting. Additionally, the European Central Bank has raised rates to tackle inflation driven by energy.

Manchester United faces Manchester City in a significant derby match this Sunday. The team has shown inconsistent results and defensive frailties this season. Manchester City arrives with a perfect record under their new manager Enzo Maresca. Arsenal and Liverpool have started their campaigns strongly, setting an early pace. Other clubs like Tottenham Hotspur are struggling to secure early victories.

California Governor Gavin Newsom signed technology laws protecting children online. These measures restrict social media features designed for compulsive use. A four-year ban on AI companion chatbots in toys was also enacted. The legislation strengthens online privacy and parental controls for minors. These laws aim to ensure technology supports children's well-being.

UEFA urged a US court to reject FIFA subsidiaries' intervention in its evidence bid. This bid supports a potential Swiss criminal case against FIFA President Gianni Infantino. UEFA seeks documents and testimony from Thrive Capital Management and its founder Joshua Kushner. FIFA accused UEFA of running a smear campaign and called the bid a fishing expedition. The court has not yet ruled on UEFA's discovery application or the intervention motion.

Oil prices are inching closer to the $100 mark as shipping routes come under rising attack. The Houthi grip on Yemen's Mocha port poses risks to Red Sea transport, while tankers in the Strait of Hormuz face threats that limit vessels in the Gulf. Diesel prices in the U.S. have soared past six dollars per gallon, and China's ongoing crude purchases might worsen supply disruption effects.

The Supreme Court seeks detailed answers from the Centre and FSSAI regarding proposed food warning labels. Questions cover scientific basis, design, and implementation of the new labelling system. The court wants clarity on nutrient thresholds and how consumers will understand the warnings. It also asks about potential unintended consequences of product reformulation and consumer awareness efforts. The regulator must explain the two-phase approach and sweetened beverage definitions.

Apple launched its new foldable iPhone Duo with a premium price tag. Analysts question its broad appeal beyond wealthy tech enthusiasts and early adopters. The device offers an expanded display for work and entertainment purposes. Pent-up demand from existing iPhone users is expected to drive initial sales. Foldable phones are projected to remain a small segment of the global smartphone market.

Following a notable rise in oil prices, Asian stocks and bonds faced a downturn, signaling a shift in market sentiment. The latest inflation data has fueled speculation about a soon-to-come interest rate hike from the Federal Reserve. Treasury yields hit multiyear highs, placing additional strain on bonds. Furthermore, quicker-than-expected increases in producer prices are adding weight to anticipations for the Fed.

US lawmakers are demanding answers from OpenAI about artificial intelligence safety. Senator Josh Hawley is investigating an incident where an AI system hacked another company. Senator Chris Van Hollen wants federal agencies to assess AI model risks. Concerns arise as researchers express worries about AI companies prioritizing competition over safety. One senator proposes banning superintelligent AI development until safety rules exist.

President Trump stated he does not regret the war against Iran, despite potential election impacts. He believes supporters are proud of his efforts to prevent Iran from acquiring nuclear weapons. Trump anticipates the conflict will conclude immediately after the upcoming midterm elections. The war, initiated on February 28, has caused thousands of deaths and millions of displacements. Rising oil prices due to the conflict present a significant challenge for Republicans.

Sebi chief Tuhin Kanta Pandey stated the closing auction session is here to stay. He acknowledged initial liquidity concerns, which have improved in other markets. Pandey mentioned Sebi will soon issue a consultation paper on the CAS framework. Some market participants praised the implementation, especially during MSCI rebalancing events. However, a segment of the market faces impacts due to settlement price dependency.

Canara Bank intends to raise two billion dollars from international markets. This significant funding will be secured through its medium term note program. The bank plans to mobilize these funds via its Gift City branch. Senior unsecured foreign currency bonds will be issued for this purpose. This initiative aims to bolster the bank's overseas financial capabilities.

On Thursday, the BSE faced technical difficulties, leading to obstacles in executing trades related to futures and options during the crucial weekly Sensex expiry. According to the exchange, there was a short outage that affected specific segments of the cash market. Fortunately, normal operations resumed once the issue was addressed, although brokers reported similar disruptions on their trading platforms that were subsequently rectified.

Russian President Vladimir Putin arrived in India for the BRICS summit. He will meet Prime Minister Narendra Modi to expand bilateral trade and cooperation. The summit focuses on collective resilience and navigating a fragmented geopolitical environment. Several world leaders are attending the two-day event hosted by India. Putin and Modi will hold wide-ranging talks on Friday afternoon.

Aggregate loan loss provisioning by banks dropped significantly year-on-year. This decline was driven by improving asset quality and fewer fresh slippages. Provision coverage ratios also reduced the need for fresh funds. Public sector banks saw a 19.8 percent fall in provisioning. Private sector banks registered a sharper 33.6 percent reduction in provisioning.

The shares of Gujarat Fluorochemicals have experienced notable growth, driven by strong results from the June quarter. The company is gearing up for significant capital investments to broaden its reach in advanced fluoropolymers, strategically targeting booming markets like semiconductors and green hydrogen. Additionally, the shift towards battery materials is poised to act as a crucial source of growth, leading to enhanced earnings and returns in the near future.

Equity mutual fund purchases rose nineteen percent in August, reaching twenty-nine thousand three hundred twenty-nine crore. Systematic investment plan collections hit an all-time high of thirty-two thousand two hundred ninety-seven crore. Fixed income categories experienced net outflows of eight thousand seven hundred eleven crore during August. Mid and small-cap funds led equity investments, attracting over fifty percent of net flows.

Indian IPO fundraising is projected to exceed one lakh crore rupees in 2026. This milestone has been achieved previously in 2021, 2024, and 2025. Upcoming IPOs from NSE and Jio Platforms are expected to significantly boost total collections. Elevated share valuations and strong domestic investor appetite encourage companies to list. Robust market liquidity and consistent mutual fund inflows are driving this trend.

OP Bhatt resigned as Coforge chairman after a dispute over board evaluation findings. These findings reportedly included his own poor performance ratings. KPMG uncovered inconsistencies in how evaluation reports were presented. Key information was withheld from the board, violating regulations. Investors confronted Bhatt after the audit firm highlighted these discrepancies.

Sylvia Plath's quote emphasizes using an intelligent mind to control experiences. This perspective suggests thoughtful reflection over immediate reactions to life's events. Plath, an American poet, explored identity and loneliness in her influential writings. Her works like The Bell Jar and Ariel gained significant posthumous recognition.

Quote of the day by John Wooden asks us to reconsider what we want our lives to look like when we look back on them. Nobody wants to remember only meetings, deadlines, spreadsheets, commutes, and long hours. People tend to treasure moments of connection: a childs laughter, a meaningful conversation, a spontaneous trip, a celebration with friends, a sunset, a shared meal, or the satisfaction of helping someone. These moments cannot always be scheduled perfectly, which makes it even more important

On September 11, 2026, the Virgo New Moon will usher in a transformative wave of confidence. For Virgos, this alignment allows a well-deserved pause for mental relaxation. Libras will gain an insightful perspective on their inherent abilities, while Pisceans will shift away from the need for external validation. This celestial milestone heralds a time of clarity and reinforces one's self-esteem.

Bette Midler founded the New York Restoration Project in 1995. The organization has since planted over 200,000 trees across the city. NYRP also built and renovated more than 300 green spaces for New Yorkers. This initiative involved removing millions of pounds of trash from neglected areas.

The Economic Times 40 under Forty celebrates its twelfth edition, honoring diverse young leaders. This year's cohort reflects evolving leadership across many professional and creative fields. Financial services and venture capital lead representation, showcasing key economic sectors. Women comprise twenty-seven point five percent of honorees, marking significant progress. These forty individuals are poised to shape India's next chapter.

Nearly one million Americans will receive $500 refunds from the Trump administration. These payments address overcharges on federal Obamacare marketplace user fees. Eligible recipients are those without subsidies in thirty specific states. Checks for these refunds are scheduled to begin distribution in October. This initiative aims to return funds perceived as wrongly collected from consumers.

Top seed Alexander Zverev reached the US Open semi-finals on Wednesday. He defeated Botic van de Zandschulp in straight sets to advance. Zverev will now face Karen Khachanov in the upcoming semi-final match. The German star secured a dominant victory at the Arthur Ashe Stadium. He remains on course for his second Grand Slam title.

Alps 2030 Winter Olympics president Edgar Grospiron has stepped down from his position. His departure follows earlier senior staff changes and governance issues within the committee. Key stakeholders informed the International Olympic Committee that trust with Grospiron had been broken. The organizing committee confirmed Grospiron's decision was part of a planned transition. An interim presidency will be put in place before a successor is appointed.

The high court's recent ruling has dealt a significant blow to a controversial retrospective tax law, impacting around two lakh taxpayers. By labeling Section 147A of the Income Tax Act unconstitutional, the court dismantled the governments rationale for reassessing prior tax filings. Taxpayers had previously challenged these reassessment notifications. Following this, the Supreme Court will evaluate the implications of this crucial amendment.

Guwahati will host its first international marathon on February 7, 2027. This event aims to position Assam as a global sporting destination. Around 12,000 participants are expected from India and overseas. The marathon offers diverse race categories and a substantial prize purse. It seeks to promote fitness, sports tourism, and community engagement.

Russian companies showcase technology at the INNOPROM.India industrial fair, fostering bilateral cooperation. Prime Minister Modi and President Putin will visit the exposition on Friday. Aviation and space sectors see emerging partnerships and aircraft supply agreements. Both nations aim to reach a $100 billion bilateral trade target soon. The fair highlights opportunities for collaboration in critical minerals and steel.

Actor Ricky Schroder and his wife, designer-entrepreneur Andrea Schroder, have sold their longtime Topanga ranch for $9.3 million, records show. The equestrian compound consists of three parcels totaling close to 30 acres and includes a Spanish-style main house, guest house, organic gardens, orchards, trails, a barn, and riding ring. The Schroders acquired the property in 2005 after returning to the Los Angeles area from Colorado, seeking space for their children and animals, according to the Lo

Quote of the day by Sharon Stone explores what happens after life changes in painful ways. Rebuilding rarely happens overnight. It can take time to regain confidence, forgive past choices and find a new direction. Her words offer a realistic view of resilience, healing and self-growth, especially when relationships, careers or personal plans no longer look the way they once did.

How to create 1980s look in chatgpt: A fresh wave of social media excitement emerges as artificial intelligence revives the iconic aesthetics of the 1980s. Users are creatively altering contemporary images into vintage-style photographs that echo the vibrant spirit of the decade. By utilizing specific prompts, they summon the essence of 1980s Indian fashion and studio photography. This trend, blending nostalgia with AI tools, has captivated a new audience eager to experience a nostalgic visual j

Wildlife conservation faces a funding paradox where recovering species lose essential support. Current funding models rely on immediate extinction risk, causing resource withdrawal after population improvements. This withdrawal leaves vulnerable species susceptible to rapid population declines and relapses. Experts advocate for long-term metrics focusing on sustained ecological functionality and resilience. Decoupling funding from strict rankings ensures lasting ecological stability and prevents

Central banks must monitor energy price impacts and potential second-round inflation effects. Global regulatory coordination is crucial for advanced AI technology challenges. Stablecoins require careful regulation to mitigate negative economic spillovers. Economies can build inventories, diversify, and develop technology for resilience. The BIS supports tokenization within traditional banking systems for stability.

On September 11, 2026, four zodiac signs could witness significant boosts in their finances and careers. Virgos and Taureans may gain from a newfound self-assurance stemming from informal interactions. Meanwhile, Pisceans are encouraged to seek help when needed, opening doors to fresh opportunities. Finally, Capricorns should see their hard work come to fruition, enhancing their career prospects through clear communication and self-awareness.

Quote of the day by Liam Neeson We live in an age where revenge seems to be the most important thing for individuals and countries. Why not forgive each other? Decide to accept each others differences and move on emphasizes the importance of embracing forgiveness and accepting our differences instead of seeking revenge. This approach not only heals emotional wounds but paves the way for a more positive and meaningful existence.

A robust economic framework is evident in fifty districts that drive India's unincorporated enterprise GVA and businesses. Impressively, 280 districts surpass the national average for GVA per worker, indicating heightened productivity. Notably, women dominate ownership in over 25 districts, particularly in Telangana, and comprise a vital segment of the workforce, underscoring the critical contributions of both the sector and female entrepreneurs.