The collective wealth of the wealthiest people in India has surged past the $1 trillion mark, reaching a staggering $1.19 trillion (Rs 99.86 trillion), a report by Fortune India revealed on Monday.

The list features as many as 185 people with ‘dollar billionaire’ status, meaning they have wealth of at least $1 billion.

Chief Minister N Chandrababu Naidu has said the recent torrential rain and subsequent floods in Andhra Pradesh, particularly in Vijayawada, is the "biggest disaster" he has witnessed in the state in his political career.

Naidu on Monday also said he will request the central government to declare the flood in the state as a national calamity. At least 17 people have been killed in rain-related incidents and floods.

For individuals whose Aadhaar cards were issued more than 10 years ago and never updated later, it is recommended that they submit proof of identity and proof of address documents for revalidation. The Unique Identification Authority of India (UIDAI) has set September 14 as the final date for free Aadhaar detail updates. The deadline has been extended multiple times, with the latest extension announced on June 14 this year, pushing it forward by three months.

Besides the Congress, Securities and Exchange Board of India Chairperson Madhabi Puri Buch on Monday came under attack from Subhash Chandra, chairman emeritus, Zee Entertainment Enterprises — currently being probed by the markets regulator for alleged fund diversion of over Rs 2,000 crore from the media behemoth.

A senior Sebi official termed the allegations as “malicious and opportunist.” The Sebi chief did not reply to Chandra's allegations until the time of going to press.

SJVN, NHPC, and RailTel Corporation of India share prices gained up to 5.2 per cent in Monday's (September 2) intraday trade. The buying interest sparked after the Indian central government granted 'Navratna' status to the state-owned companies.

As of 9:32 AM, SJVN shares were up 3.3 per cent, NHPC stock 2.45 per cent, and RailTel Corporation 4.59 per cent.

Aam Aadmi Party MLA Amanatullah Khan on Monday claimed that the Enforcement Directorate officials have arrived at his house in Okhla in the national capital to arrest him. In a post on X, Khan said, "ED people have just arrived at my house to arrest me."

In a self-made video, the AAP MLA said that the investigative agency has been continuously harassing him for the past two years.

All India Majlis-e-Ittehadul Muslimeen (AIMIM) Chief Asaduddin Owaisi criticised the Waqf (Amendment) Bill, 2024 and called for a nationwide protest on Monday in a protest gathering at Telangana.

In a protest meeting against the bill, the AIMIM chief said that the All India Muslim Personal Law Board has decided to launch a nationwide protest, "We have gathered here today on behalf of All India Muslim Personal Law Board because of the Waqf (Amendment) Bill, 2024 that has been brought by the Modi government."

Amid heavy rainfall in Andhra Pradesh and Telangana, the South Central Railway (SCR) has cancelled 21 more trains and diverted 10 others due to waterlogging over tracks at several locations.

Heavy rains have also caused damage to the railway track between Kesamudram and Mahabubabad in Telangana.

Shares of Indian Hume Pipe Company hit a new high of Rs 613.15, surging 14 per cent on the BSE in Monday’s intra-day trade after securing a letter of intent (LoI) for an order worth Rs 859 crore from Tapi Irrigation Development Corporation, Jalgaon (Dhule Irrigation Project Circle), Maharashtra.

At 09:26 AM, the stock of the industrial products company was trading 10 per cent higher at Rs 592.15, as compared to the 0.27 per cent rise in the BSE Sensex.

FMCG maker Tata Consumer Products Ltd (TCPL) has merged its three wholly-owned subsidiaries after getting approval from NCLT and other regulatory clearances.

TCPL has merged its wholly-owned subsidiaries Tata Consumer Soulfull Pvt Ltd, NourishCo Beverages Ltd, and Tata SmartFoodz Ltd with the company, according to a statement from Tata Group FMCG arm.

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