British-Americans Simon Johnson and James Robinson and Turkish-American Daron Acemoglu have been jointly awarded the Nobel Prize in economics for their groundbreaking work on the role of political and economic institutions in a nation's prosperity. Their research debunks traditional notions that attribute economic success to geography or culture, highlighting the significance of inclusive institutions in fostering sustained growth. Bangladesh's journey from being one of the poorest nations to a thriving economy is a prime example of the impact of strong institutions. The Nobel laureates' work serves as a reminder of the importance of building inclusive institutions for long-term development.
India makes an impressive comeback in the opening Test match against New Zealand with a strong all-round performance. Although New Zealand took a 356-run lead in the first innings, India's batsmen showed resilience and ended Day 3 with a total of 231 for 3. With just two days left in the match, India will need some big contributions from their batsmen to stay in the game. Meanwhile, New Zealand's Rachin Ravindra and Tim Southee put up an impressive show with the bat, scoring a total of 451 runs on Day 3.
The highly anticipated 11th season of Pro Kabaddi League is set to kick off with a fiery opening match between Telugu Titans and Bengaluru Bulls. Both teams have made strategic moves during the PKL 11 auction and are hungry for a strong start to their 2024 campaign. With star players like Pawan Sehrawat, Pardeep Narwal, Ajinkya Pawar and Vijay Malik on the field, this matchup promises to be an intense battle between raiders and defenders. Stay tuned for an action-packed showdown on October 18th at GMC Balayogi Sports Complex, Hyderabad.
Italian tennis player Jannik Sinner proved to be too strong for 37-year-old Novak Djokovic, taking down the 24-time Grand Slam champion in a dominating 7-6 (7-4) 6-3 victory at the Rolex Shanghai Masters final. This victory also makes Sinner the first man since 2016 to win more than six titles in a single calendar year, a feat achieved by Andy Murray with nine titles. Stay tuned for more updates on this breaking story on Sky Sports. With live updates and exclusive content, Sky Sports is your go-to source for all things sports.
In a highly anticipated face-off between India and Sri Lanka in the Women's World Cup 2024, India emerged victorious with a dominant display. Leading the charge was Smriti Mandhana, who smashed her way to a well-deserved fifty. Despite Sri Lanka's efforts, India's strong batting line-up proved too much to handle, with a comfortable win for India in the end. Stay tuned for live updates as India continues its journey in the World Cup.
The Kansas City Chiefs continue to dominate on the field with a record of 4-0, making them the only undefeated team in the league besides the Vikings. Their impressive victory over the New York Jets in London has solidified their standing as strong contenders for the Super Bowl title. However, they'll face a tough challenge against the New Orleans Saints, who lead the NFL with an average of 31.8 points per game. Don't miss out on the latest updates and game details by staying tuned to NBC News.
Amidst a relentless sell-off and escalating geo-political crisis, Indian equities made a strong comeback today, with Nifty rising nearly 200 points from its day's low. The gains were driven by buying in IT and PSU bank stocks, with the overall market sentiment being boosted by multiple factors such as positive global cues and resilience in the IT sector. However, concerns about ongoing growth and geopolitical issues could still cause volatility in the IT and related sectors. Additionally, OMC stocks are also in focus due to spiked crude oil prices, and Bank of Baroda gained over 4 per cent on Citi's buy call. Stay updated with the latest Business news, Stock Market updates, tax estimates, and personal finance tips by following Zee Business on Twitter, Facebook, and YouTube.
After a strong first innings with the bat, India quickly snapped up two wickets in Bangladesh's second innings on Day 4. The highlight of the day was India's ultra-aggressive approach with the bat, leading to the fastest-ever 50, 100, 150, and 200 in Test history. Despite a good chase by Bangladesh, India has the upper hand in the match and will look to seal the two-match series on the final day. Wow! What a day of exciting cricket on Day 4 of the IND vs BAN 2nd Test. Fans were treated to quick runs, impressive wickets, and some incredible moments on the field. India's aggressive performance with the bat is what set them apart, putting them in a strong position to win the match and the two-match series. However, there is still much to look forward to on the final day. Stay tuned for all the highlights and action.
Shares of leading NBFC Northern Arc Capital received a strong response from investors, with its IPO being oversubscribed 110.71 times on the closing day. The shares made a strong debut on the NSE and BSE, listing at a premium of 33% to the issue price. Zee Business Managing Editor Anil Singhvi advises investors to keep a stop loss of Rs 330, while also discussing the company's diversified business model and successful fundraising from anchor investors. Readers can stay updated on this and more business news through Zee Business's various platforms.
After rising consistently over the past six months, the share price of Indian Energy Exchange (IEX) dropped following news of the government's commitment to market coupling. This new mechanism aims to set a uniform market clearing price across all power exchanges, potentially impacting the individual performance of IEX. While the company has shown strong growth potential, the future impact of market coupling remains uncertain. Stay informed on the latest stock market trends and news through Benzinga India's real-time insights and trading ideas.