La Quinta’s Newest Golf, And Surf, Spot Is Coral Mountain Desert Club
Coral Mountain Desert Club is set to open in 2028, bringing with it a David McLay Kidd-designed golf course and a surf lagoon for members.
Economy
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Explained: 13 reasons why the Nifty could not deliver more in last 5 years
Over a five-year period, thirteen stocks within the Nifty index adversely affected its overall performance, resulting in negative returns for these specific laggards. Conversely, the Nifty 50 index itself witnessed gains. Had these underperforming stocks been excluded, the index’s returns would have been significantly enhanced. Active mutual funds, benefiting from reduced exposure to these stocks,…
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AI is real, and it will pay off, just as the Internet did, says JPMorganChase CEO Jamie Dimon
Jamie Dimon sees India as a fast-growing economy with bright future prospects. He believes consistent regulations and taxing policies will strengthen foreign investment. The RBI’s plan to raise dollars is viewed as appropriate for supporting the rupee. AI is a real investment, though its long-term revenue generation remains uncertain. Dimon supports transparency and good governance,…
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Government may do away with UPI subsidies as MDR revenue kicks in
Government may end UPI subsidies for small transactions as merchant fees are introduced. Taxpayer-funded incentives for UPI and RuPay transactions are being phased out. No new subsidies have been paid for transactions since April 2025. This shift aims to make the payment ecosystem self-sustaining and reduce taxpayer burden. Incentive disbursements have significantly decreased in recent…
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Bandhan Bank promoter to gradually reduce stake to meet RBI norms
Bandhan Financial Services will reduce its stake in Bandhan Bank gradually. The promoter aims to comply with RBI regulations by 2030. Recent share sales occurred on the open market, lowering holdings. A proposed stock split will divide shares to attract retail investors. Shareholders will review this plan at the upcoming annual general meeting.
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NSE IPO closes with 5.71x subscription, bids cross Rs 90,000 crore
Investor enthusiasm surged on the final day of the National Stock Exchange’s landmark IPO, with qualified institutional buyers oversubscribing their segment by more than twelve times. Retail interest was also robust, nearly doubling their intended allocation. The shares are set to debut on the BSE on September twenty-fourth, marking the end of a lengthy journey…
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Chevron plans to ramp up number of wells it drills next year, E&P executive tells FT
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U.S. retail diesel prices hit record above $6.50 as momentum grows for export ban
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TC Energy to sell Mexican gas pipeline in $400M deal
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AptarGroup Russian subsidiary placed under temporary external administration