Two-time US Olympic gymnast Jordan Chiles has filed an appeal in the Federal Supreme Court of Switzerland to overturn a decision by the Court of Arbitration for Sport (CAS) that stripped her of her bronze medal in the women’s gymnastics floor event at the Paris Olympics.

Chiles was initially given the bronze in the floor exercise at the Paris Olympics after an appeal over how the judges scored her routine was accepted and she moved up from fifth to third place. However, the Romanian Olympic Committee filed its own appeal with CAS, noting that Team USA’s appeal occurred outside the one-minute time limit to question the judges’ scores.

CAS ruling upheld an appeal by the Romanian Olympic Committee. As a result, the International Olympic Committee then awarded bronze to Romania’s Ana Barbosu. Chiles has now appealed to the Federal Supreme Court of Switzerland to overturn the decision.

India’s domestic passenger air traffic rose 6 per cent (year-on-year) to 13.1 million in August and daily traffic trends for September indicate a moderate growth of 4 per cent YoY to date, a report showed on Tuesday.

SpiceJet hit a new low with its market share shrinking by 80 bps to 2.3 per cent (month-on-month), largely due to financial woes and increased grounding, according to the report by Emkay Global Financial Services.

Indigo continues to dominate the domestic space, boosting its market share by 40 bps to 62.4 per cent in August, the report mentioned.

Tata Group’s market share also saw an uptick, at 60 bps MoM to 29.4 per cent, driven by Air India and Vistara gaining 40 bps and 30 bps MoM, respectively, thereby reaching 14.7 per cent and 10.3 per cent market share.

Punjab Panchayati Raj Amendment Bill 2024 has been approved by Governor Gulab Chand Kataria. After the governor's approval, the government can now hold panchayat elections next month.

With the new governor giving the green signal to the bill, it will now become law, restoring the old practice of reservation in panchayat elections. After this amendment, no candidate will be able to contest on the party symbol. New Governor Gulab Chand Kataria giving the green signal to this bill is also a sign of smooth relations between Raj Bhavan and the state government.

Kuldeep Kumar, Mayor, Chandigarh inaugurated a renovated Community Centre in Dadumajra colony, here in the presence of senior officers of MC Chandigarh and prominent persons of the area.

While addressing the gathering, the Mayor said that this Community Centre has undergone extensive renovations to enhance its functionality and aesthetic appeal at a total expenditure of Rs. 43 lacs.

The rupee has emerged as one of the least volatile currencies worldwide, remaining "very stable against the US dollar" and the volatility index, the Reserve Bank of India (RBI) Governor Shaktikanta Das has said.

According to Das, the central bank’s stated policy is to prevent excessive volatility of the rupee.

“Stable rupee fosters confidence among market participants, investors and the wider economy,” Das was quoted as saying in reports.

The RBI has actively engaged in the foreign exchange market to manage fluctuations in the rupee, primarily employing public sector banks (PSUs) as intermediaries to sell US dollars.

Even as injectable weight loss drugs have become a popular option for people struggling with obesity, 1 in 4 or 25 per cent consider using them without consulting their doctor, exposing themselves to several health risks, finds a study on Tuesday.

Cost and lack of insurance coverage are some reasons for seeking prescription alternatives, said the team from The Ohio State University, US, who surveyed 1,006 adults in America.

“Some people are skipping the doctor’s office and reaching out to potentially unreliable sources such as unlicensed online pharmacies or telehealth sites, which could expose patients to risks,” the team said.

Social media giant Meta announced that it has banned Russian state media broadcaster RT and other Kremlin-controlled networks over the alleged "foreign interference activity."

Meta, the parent company of Facebook, has alleged that the outlets were involved in deceptive influence operations and tried to avoid detection.

Announcing the move in a statement on Monday, a Meta spokesperson stated, "After careful consideration, we expanded our ongoing enforcement against Russian state media outlets. Rossiya Segodnya, RT and other related entities are now banned from our apps globally for foreign interference activity."

The ban will be implemented in the upcoming days across Meta's platforms, including Facebook, Instagram, WhatsApp, and Threads. The social media giant has been shrinking the influence of the Russian state-controlled media across its platforms since 2022.

Indian equity indices opened flat on Tuesday following mixed cues from Asian peers.

At 9.42 a.m., Sensex was up 21 points or 0.03 per cent at 83,010 and Nifty was up 15 points or 0.06 per cent at 25,397. Nifty Bank was up 89 points or 0.17 per cent at 52,242.

Marginal selling was seen in the midcap and smallcap stocks. Nifty midcap 100 index was down 51 points or 0.08 per cent at 60,208 and Nifty smallcap 100 index was 58 points or 0.30 per cent at 19,478.

Among the sectoral indices, Auto, PSU Bank, metal, realty and energy were top gainers. IT, FMCG and fin service were top laggards.

In the Sensex, HUL, NTPC, Nestle, Asian Paints, Bharti Airtel, Bajaj Finance, Kotak Mahindra Bank, L&T, Titan, ICICI Bank and IndusInd Bank were the top gainers. Tata Motors, TCS, Maruti Suzuki, Bajaj Finserv, Tata Steel, Wipro, UltraTech Cement, Infosys and Wipro were the top losers.

Buying residential, commercial and industrial space in Mohali will now become more expensive as the district administration has hiked collector rates by 26 to 50 percent for 2024-25.

According to District Revenue Officer Aman Chawla, the increase in collector rates has been implemented from September 16.

Earlier, the collector rate was increased by 35 percent in 2021. Then in 2022 it was increased from 42 to 76 percent.

With rising disposable incomes, availability of affordable device options, a growing Gen Z population and the expanding digital content consumption, India’s audio devices market is experiencing remarkable growth, according to a new report.

The audio devices market in offline retail has reached Rs 5,000 crore, driven by a 61 per cent volume growth (year-on-year) in the personal audio segment, according to GfK– An NIQ Company, a leading global market and consumer intelligence firm.

Loudspeakers, led by soundbars, saw 24 per cent YoY growth, with sales from lower-tier towns rising to 30 per cent in the July 2023 till June 2024 period.

The home audio segment, valued at Rs 1,600 crore, experienced a 6 per cent YoY growth in volume. The personal audio market, valued at Rs 3,400 crore, experienced a 32 per cent YoY growth.