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I think people will start to notice Indian chess: Praggnanandhaa

Indian chess prodigy R Praggnanandhaa believes his impressive performance in the FIDE World Cup will draw attention to Indian chess. The 18-year-old finished as the runner-up after losing to Magnus Carlsen in the final. Praggnanandhaa defeated world No. 2 Hikaru Nakamura and world No. 3 Fabiano Caruana during the tournament, and became the third youngest player to qualify for the Candidates tournament. Despite his success, Praggnanandhaa remains humble and focused on continuous improvement, as he prepares for another tournament starting next week.

from News-Economic Times https://ift.tt/Gz3J8WI

Market regulator announces new disclosures for select offshore funds

Sebi said offshore funds that have more than 50% of their assets invested in a single corporate group will need to disclose all its investors to custodian banks, through which funds flow into the country, within 90 days starting from Nov. 1

from Stocks-Markets-Economic Times https://ift.tt/AiNZJ3v

'India is on the Moon': Lander's success moves nation to next space chapter

Chandrayaan-3 has been orbiting the moon since early August. On Wednesday, as the spacecraft approached the low point of the orbit, moving at more than 3,700 mph, a preprogrammed sequence of maneuvers commenced. The craft's four engines fired again at the start of what ISRO called the "rough braking" portion of the descent, its speed of fall accelerating. After 11.5 minutes, the lander was just over 4 1/2 miles above the surface and started rotating from a horizontal to a vertical position while continuing its descent.

from News-Economic Times https://ift.tt/bRC3Xta

Sports ministry clears Bajrang, Deepak Punia''s proposals for foreign training

The Sports Authority of India (SAI) wanted Olympic-medallist wrestler Bajrang to attend the trials for the World Championships or provide fitness certificate, if he wants exemption from this week's exercise in Patiala. Bajrang wanted to skip the trials for the World Championships on August 25 and 26 and train at a foreign location to prepare for the Asian Games in Hangzhou beginning September 23.

from News-Economic Times https://ift.tt/FDpZ8hP

China's Xi Jinping tells BRICS summit that Chinese economy is resilient

Chinese President Xi Jinping had arrived in Johannesburg on Monday evening (local time) to attend the 15th BRICS Summit and to pay a state visit to South Africa and he was received by South African President Cyril Ramaphosa and senior South African officials at the airport, according to the Global Times.

from News-Economic Times https://ift.tt/J9rQ4uh

Nvidia hits record high as AI boom lifts bets on another strong forecast

The shares eased 1.1% from a record high of $481.87 hit minutes after the market opened, crossing its previous peak of $480.88 on July 14.

from Stocks-Markets-Economic Times https://ift.tt/jNwxpYa

Maharashtra farmers cry foul over falling onion prices

The imposition of a 40% export duty on onions in Maharashtra has resulted in a drop in prices, angering farmers and putting the ruling Bharatiya Janata Party (BJP) on the defensive. Opposition parties are urging farmers to vote against the BJP in the upcoming parliamentary elections to express their dissatisfaction. The government imposed the duty to control rising onion prices, but farmers argue that it will lead to financial losses.

from News-Economic Times https://ift.tt/DZGCWdl