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BusinessPhoto: Mint MarketsCapital goods stocks have fallen following a multibagger rally amid valuation concerns. However, 360 ONE highlights multi-year growth opportunities in power transmission equipment, driven by HVDC systems, grid upgrades, renewable energy integration, and expanding data centers, suggesting potential long-term investment value despite recent price corrections.
Mint Markets·
BusinessPhoto: TOI BusinessThe National Payments Corporation of India (NPCI) has postponed the implementation of the merchant discount rate (MDR) on select UPI transactions until after Diwali. This decision comes amid industry pushback. NPCI stated on Tuesday that a new implementation date will be announced separately.
TOI Business·
SportsPhoto: HT SportsThe NFL has suspended Chicago Bears defensive end Montez Sweat for two games without pay due to a violation of the league's performance-enhancing substances policy. Sweat will miss the Bears' games against the Atlanta Falcons and New England Patriots. He will be eligible to return on October 23, after the Week 7 game against the Patriots. Further details on the violation have not been disclosed.
HT Sports··Chicago
WorldPhoto: Deccan HeraldA 20-year-old BCA student named Harshashekhar drowned in Hesaraghatta Lake while swimming with friends in Bengaluru. He had told his family he was attending a Ganesha festival event but went to the lake with six friends. Unable to swim, he began drowning around 3 pm. His body was recovered by divers the next day and sent for post-mortem. Police registered an unnatural death case.
Deccan Herald··Bengaluru
PoliticsPhoto: Deccan HeraldIn Hesaraghatta, Bengaluru, a 45-year-old man named Mohan allegedly killed his 15-year-old nephew Krishna, a Class 10 student, over Rs 12 lakh in the boy's bank account. The attack occurred around 10:30 pm while Krishna was asleep. Mohan, reportedly intoxicated, surrendered to police and was taken into custody. The incident sparked outrage among villagers demanding strict punishment.
Deccan Herald··Bengaluru
TechnologyPhoto: TOI BusinessApple has introduced three new devices—HomeView, HomePod mini 2, and Apple TV 4K—in a renewed effort to expand its presence in the smart home market. The company aims to extend its Siri AI beyond smartphones and compete more effectively with Amazon and Google, where it has previously struggled to gain significant traction despite its strong premium electronics presence.
TOI Business·
Mint Markets·
Photo: Mint MarketsCapital goods stocks have fallen following a multibagger rally amid valuation concerns. However, 360 ONE highlights multi-year growth opportunities in power transmission equipment, driven by HVDC systems, grid upgrades, renewable energy integration, and expanding data centers, suggesting potential long-term investment value despite recent price corrections.
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