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Bharat 22 ETF to open for public subscription on November 15

Bharat 22 ETF to open for public subscription on November 15

Finance
NEW DELHI: Bharat 22 exchange traded fund (ETF) is all set to open for public subscription on November 15, ICICI Prudential Asset Management Company while filing the launch documents for the open-ended ETF said on Saturday. Anchor investors could participate in the new fund offer (NFO) on November 14, it said. The NFO will close on November 17. Announced in August this year, the government intends to raise in excess of Rs 8,000 crore from the NFO. The ETF would mirror the S&P BSE Bharat 22 Index that comprises of select companies from the CPSE universe, stakes held under the Specified Undertaking of the Unit Trust of India (SUUTI) and public sector banks (PSBs). These include ONGC, IOC, SBI, BPCL, Coal India and Nalco, among others. Besides, Axis Bank, ITC and L&T are a few st...
Bloodhound supersonic car set for first public runs

Bloodhound supersonic car set for first public runs

Science
The British car designed to go 1,000mph (1,610km/h) will make its first public runs in Cornwall later. Bloodhound SSC is conducting initial "slow-speed" trials and should get up to about 200mph (320km/h) on the runway at Newquay Airport. Driven by RAF Wing Commander Andy Green, the car aims to break the world land speed record in 2019. This will take place on a special track that has been prepared on a dried-out lakebed in Northern Cape, South Africa. "This is about showing the world what we're about," said Wing Commander Green. "We've designed and built the most extraordinary, sophisticated, high-performance land speed record car in history. It will do 0-200mph in about eight seconds. For a five-tonne vehicle - that's eye-popping performance," he told BBC News. Media playback is unsupport...
Heathrow third runway public consultation reopened

Heathrow third runway public consultation reopened

Business
A public consultation into the planned third runway at Heathrow Airport has been reopened to include new evidence.The Department for Transport (DfT) published a series of new reports on the environmental impact of expanding the west London airport. It also revealed that London's airports are expected to hit full capacity by 2034 if there is no expansion.The consultation initially closed in May, but will now be reopened until December. The DfT insisted it is "on track" to publish final proposals for expansion in the first half of 2018, ahead of a vote in Parliament.Among the series of new reports are an updated noise analysis and a new air quality plan.The government said higher demand for flights also meant the capital's five airports would hit full capacity six years sooner than expected...
Harry and Meghan's first public outing together

Harry and Meghan's first public outing together

Entertainment
Prince Harry and his actress girlfriend Meghan Markle looked awash with love and happiness on their first official public appearance together.The couple laughed and smiled as they attended the wheelchair tennis at the Invictus Games in Toronto, Canada.Image:They only have eyes for each otherThey looked relaxed in casual clothing as they finally gave fans a long-awaited sighting of them together.Image:What DID he say to her?They attended this weekend's opening ceremony of the Paralympics-style event for wounded and injured servicemen and women which was founded by Harry but they sat a few rows from each other.On Monday they were happy to let the world see how close they are and Royal watchers will view their official appearance together as a milestone in their relationship.Image:Meghan stre...
Hurricanes drive addiction issues into public square

Hurricanes drive addiction issues into public square

Health
In the whirr of preparations for Hurricane Irma, a needle exchange program in Miami's Overtown neighborhood handed out extra syringes to heroin users. Others trying to break from the drug's grasp picked up advance medication from methadone clinics. Disasters cause stress, and stress can cause relapse for people struggling with addiction, whether their problem is alcohol, tobacco, pills or heroin. Authorities planning for the devastating effects of hurricanes now factor in the heightened danger of relapse and overdose. The problems of alcoholism and addiction become more public in a storm, said researcher Andrew Golub of the National Development and Research Institutes in New York, who studied illicit drug users in New Orleans after Hurricane Katrina. "During a storm, it becomes harder to ...