31 C 
RBI MPC: Rate cuts off the table, focus shifts to inflation control
The Reserve Bank of India's Monetary Policy Committee (MPC) has indicated that rate cuts are improbable in the near term, with headline inflation projected to reach 6 per cent in the third quarter. Minutes from the October meeting reveal growing concerns among members about inflation spreading beyond food and fuel, leading to a shift in policy stance towards calibrated tightening.
IHCL to reach 700 hotels by FY27, revises revenue guidance
Indian Hotels Company Ltd (IHCL) is set to achieve its target of 700 hotels by fiscal year 2027, significantly ahead of its original 2030 goal, driven by strong financial performance and strategic expansion plans, including the merger of Oriental Hotels Ltd.
The Income Tax Act, 2025, replaced the 1961 law on April 1, 2026, but outstanding tax dues, pending refunds, and earlier assessments do not automatically disappear. Here's how both laws will operate during the transition and what taxpayers need to know.
- The real money in concerts comes after the ticket
'You havent forgotten what I look like?: Anupam Kher gets emotional after mothers innocent question
Anupam Kher got emotional after his mother asked during a FaceTime call, You havent forgotten what I look like, have you? The actor revealed that it had been almost two months since they last met. Reflecting on her words, Kher realised that seeing each other on a screen cannot replace hugs, conversations and the comfort of being together in person.
I shouldve gotten a Pulitzer for writing too: Trump at South Carolina rally
US Postal Service releases Diwali stamp after 10 years, prints 20 mn copies
Barbaad kare alfaaz mere: Ranbir quotes 'Rockstar' to apologise for Dussehra Gaffe
Bengaluru: Bihar worker arrested after posting AI-generated video of Vidhana Soudha being blown up
A shocking incident unfolded in Bengaluru when a 25-year-old worker from Bihar, Hazrat Ali Shoiab, was detained for creating and posting an AI-generated video that depicted a simulated bomb explosion at Vidhana Soudha, the government seat of Karnataka. This alarming video was flagged during police's standard digital surveillance. Investigators are currently interrogating Shoiab to uncover his intentions and any possible connections to others involved.
Indias renewable energy curtailment affects 118.6 GW capacity in September 2026
Transmission constraints, limited storage and grid flexibility continued to challenge renewable energy integration, even as curtailment declined from August levels
Sheetal Devi secured a gold medal in the women's compound para-archery event at the Para Asian Games. She won by defeating Singapore's Nur Alim Syahidah with a score of 142-139. Earlier, Sheetal and Toman Kumar also won gold in the mixed team event. India has now achieved a total of 73 medals at the Games, including 17 gold medals. Other Indian athletes have also performed well, achieving various podium finishes.
Domestic cos need strategic approach to tap India-Europe FTA gains: FICCI
Indian companies must adopt a strategic approach to fully leverage the European free trade agreement benefits, as tariff concessions alone may not suffice. The focus should be on product quality, market penetration, and building significant relationships with European buyers. Compliance with European standards will be crucial for export success, particularly for small enterprises.
Pioneer celebrates 100 years in agri sector
Company says its agronomists work directly with growers to improve crop performance, protect against weather variability, and strengthen farm profitability
One Indian national killed in Dammam airport attack
Finance Ministry to invite comments on amended GST return forms from Nov 1
The Council approved enhancements in GST Forms GSTR-1/1A/IFF to enable better reconciliation of the details furnished in these forms with the details reported in the returns in monthly tax payment form GSTR-3B
Morgan Housels The Art of Spending Money argues that good spending supports personal happiness rather than status or approval.
Nike to kit Mumbai Indians teams from 2027
Nike and Mumbai Indians have announced a multi-year partnership that will see the global sportswear brand become the official kit partner for the franchises mens and womens teams in India from the 2027 season.Under the agreement, Nike will supply match kits, training apparel and sportswear for both teams, as well as clothing for their coaches and technical staff. Athletes and staff will begin wearing Nike team apparel this month, while the new kits for the mens and womens teams will be unveiled ahead of their respective 2027 seasons.The partnership marks a significant step in Nikes continued investment in cricket and its long-term commitment to athletes, fans and the growth of sport in India.Also read: Harmanpreet breaks down after statement knock against Zim; says spent 5 hours daily at netsCricket is woven into the heartbeat of India, and few teams capture its energy like Mumbai Indians, said Tarundeep Singh, general manager, Nike India. He added that the franchise embodied the ambition and belief that make sport powerful, describing the partnership as an opportunity to serve athletes, celebrate the game and inspire the next generation.Mumbai Indians, one of the most successful franchises in global cricket, have established a strong presence in both mens and womens cricket through their focus on talent development and competitive excellence. The franchise also boasts a large and engaged fan base, known as the Paltan.Beyond on-field apparel, the partnership will seek to connect cricket with culture through products and storytelling inspired by Mumbais identity. The collaboration is expected to extend from stadiums to the streets, offering fans additional ways to express their connection to the franchise and the sport.Mumbai Indians have always been about more than cricket. We are one family our players, our Paltan built on nurturing talent, backing it fearlessly and playing for a city that never stops, said Devang Bhimjyani, head of Reliance Sports.Also read: Nandani Sharma and Kranti Gaud climb ICC Women's T20 Rankings after series against ZimbabweHe added that Nike and Mumbai Indians shared a belief in the power of athletes and sport to inspire, with the partnership offering an opportunity to connect cricket and culture, nurture the next generation and take the spirit of Mumbai Indians to fans around the world.The collaboration also carries personal significance for Tilak Varma, the India batter and Nike athlete who plays for Mumbai Indians. Varma credited the franchise with giving him the platform to perform at the highest level and described the coming together of the two brands as a meaningful moment in his career.Wearing the MI colours with the Nike Swoosh will remind me of how far Ive come and how much more I want to achieve, Varma said, adding that he hoped young cricketers would see the team as an example of what they could aspire to achieve.Fans will be able to access Nike apparel through the official team kits and additional collections inspired by Mumbais identity, energy and culture. The new designs are expected to be revealed ahead of the 2027 campaigns.
Nike signs multi-year kit partnership with Mumbai Indians from 2027 season
Nike has entered into a multi-year partnership with Mumbai Indians to become the official kit partner starting in 2027. This agreement covers all match kits, training apparel, and sportswear for the men's and women's teams. The new team apparel will be revealed before the 2027 seasons, while Nike apparel will be available to fans. Mumbai Indians will leverage this collaboration to connect cricket with culture through unique products.
Country singer John Anderson, who died at 71, once feared he might not survive another medical procedure. While recording Years, he told producer Dan Auerbach, I might not wake up. According to the Abilene Cultural Affairs Council, he had been told he died on the operating table three times. His health crisis also affected his hearing, threatened his singing career and deepened his appreciation for family, music and faith.
Texas sank a 113-metre cargo ship in 2017; What divers discovered just 7 months later was remarkable
In 2017, Texas deliberately sank the 113-metre cargo ship Kraken in the Gulf of Mexico, to create an artificial reef . The 499 tonne vessel transformed into a haven for marine life within just seven months and providing shelter for various marine wildlife such as red snapper and mackerel.
Samantha Ruth Prabhu achieved huge milestones with her film Maa Inti Bangaaram and her fragrance line Secret Alchemist. The film has reportedly crossed Rs 100 crore at the global box office. Her business venture has generated Rs 120 crore in revenue. Read on as the actress and mother-to-be opens up about her journey towards authenticity and the connectedness of ambition.
The three mutual fund myths that cost investors the most
Investors frequently mistake a lower NAV as a cheaper option, but the actual value remains the same. NFOs are not inherently better than existing funds, as they lack performance history. Smaller funds may provide better returns in certain situations, but this is not universally true. The key factors to consider include the fund's investment philosophy and management quality.
Yoga and hormonal health: Exploring the connection between stress, metabolism, and well-being
Hormonal and metabolic imbalance are shaped by lifestyle choices such as stress and no exercise. Yoga combined with mindful flow and breathing exercises becomes a way these issues can be resolved.
India's West Asia oil imports hit pre-war levels; Russian crude falls
India's West Asia crude imports rose to 2.8 mn barrels per day in September, accounting for 54% of purchases, while Russian oil imports fell 14% month-on-month to 1.8 million bpd, ship data showed
ICICI Bank set to revise savings account charges
CIFT to support GI tagging of traditional Andaman and Nicobar fish products
A key component of the collaboration is to support the Geographical Indication (GI) tagging of two traditional fish productsChilled Andaman Coral Trout (Dollar Fish) and Nicobari Thoharango (smoked and dried)
War, Security And Economy: Factors That Will Shape Israel Elections
Tens of thousands of reservists have been repeatedly mobilised since 2023, often at significant personal and economic cost, while military leaders continue to warn of manpower shortages.
IMD update: Heavy rain alert for TN, Puducherry extended to 4 more days
Bay stirs on two fronts as north-east monsoon gathers steam even as super typhoon Champi puts Taiwan, further to east-north-east, on nationwide alert
China's Xi calls for qualitative improvement, measurable growth in economy
Chinese President Xi Jinping urged effective qualitative improvement and reasonable quantitative growth in the economy in a speech on Thursday, Xinhua reported. Xi also emphasised upholding the Communist Party of China's absolute leadership over the armed forces, the state
Small-cap funds see better score on liquidity stress-test. What does it mean?
Estimates show small-cap funds have shortened their portfolio liquidation time this year due to higher stock trading volumes, despite managing 30% more assets.
During a podcast discussion, Sophia Bush opened up about her former marriage to Chad Michael Murray, noting the connections she made with women from his past that might raise eyebrows. She shared a piece of advice from her friend Hilarie Burton, who had cautioned her against dating Murray. Read on!
Central government employees and pensioners are still awaiting the July 2026 dearness allowance (DA) and dearness relief (DR) revision. Despite recent Cabinet meetings and bonus announcements, the Centre has not confirmed the hike, revised rate or arrears payment timeline.
Stock Markets Today: Sensex, Nifty Down as Power, Metal Drag
Indian equity benchmarks Sensex and Nifty experienced a decline in early trade, primarily due to a sell-off in power and metal stocks, mirroring a broader downturn across Asian markets. Elevated crude oil prices and firm US bond yields further dampened investor sentiment, while an expert warned of an impending correction in overvalued mid and small-cap segments. Track Sensex, Nifty on October 22.
Motilal Oswal applies for 2.39 cr Ola Electric shares
Manuel Otto, the creator of the multiplayer game Stick Run, has died at 30. The games team confirmed his death in a statement on October 21, 2026, following reports of a Twitch livestream in which he appeared to have taken his own life. Otto created the game at just 14.
BL Agro to invest 7,000 cr in Tanzania over 10 years across edible oils, dairy, agriculture
The investment will initially be funded through internal accruals. The company is also exploring bank loans, preferably at subsidised rates, and a public listing as another route
Need an air ambulance? Your health policy may not cover the full cost
Air ambulance cover varies widely across health policies, with sub-limits, approval requirements and claim conditions. A few clauses can determine whether families pay lakhs out of pocket.
India has huge scope to expand processed food exports to UK after trade pact: TPCI
Under CETA, UK tariffs of up to 70% on processed foods, 4.2-8.5% on shrimp, and duties on instant coffee have also been eliminated, providing immediate competitive parity for Indian producers
Denzel Washington once helped fund Chadwick Bosemans summer drama programme at Oxford University, unaware the student would become Marvels Black Panther. Boseman discovered his benefactors identity through a letter and thanked Washington years later at the films New York premiere. Washington jokingly responded, You owe me money! Boseman went on to earn acclaim before his death from colon cancer in 2020.
Want To Personalise Your Luxury Car?
Luxury car buyers in India are spending lakhs -- and sometimes crores -- to make their cars truly their own, turning personalisation into a growing business opportunity for automakers.
Food Indians buy is changing, and so is FSSAI's scrutiny
Coal supply to power plants to normalise soon, Indian official says
Coal supply to Indian power plants is being increased, with a record 2.6 million tons delivered daily. The number of plants with critically low coal stocks has risen recently, impacting power generation. As hydropower usage declines due to El Nino effects, coal-fired plants face increased pressure. Gujarat has received additional power allocation to manage rising electricity demand effectively. Authorities have requested factories to limit electricity use to prevent potential shortages.
John Anderson dies at 71: What we know about his cause of death and past health issues
Country Music Hall of Fame singer John Anderson, known for hits such as Seminole Wind, has died at 71. According to The Nashville Tennessean, citing his team, Anderson died at home in Smithville, Tennessee, on October 21, 2026. His family shared the post on social media.
Something will happen fairly soon with Iran: Trump
Crime Branch summons CJP's Saurav, Ashutosh
New Delhi: Delhi Police Crime Branch has summoned Cockroach Janata Party (CJP) leaders Saurav Das and Ashutosh Ranka to its Rajouri Garden office on Thursday.The development comes a day after a Special Executive Magistrate (SEM) court ordered their release from judicial custody after accepting their personal and surety bonds and taking written undertakings from them to maintain peace and abide by the law.SEM Ritu Raj directed the two leaders to furnish personal and surety bonds of Rs 50,000 each until the conclusion of the enquiry. The court also directed them to appear on every hearing date and comply with the conditions specified in their bonds and undertakings.Also read: INDIA bloc leaders to hold online meeting on Thursday, roadmap for 'vote chori' protests on agendaIn their written undertakings, Das and Ranka promised not to breach peace or disturb public tranquillity. They also undertook not to call for protests at Jantar Mantar until the site is denotified in accordance with the law, and said any future protests would be conducted within the constitutional framework.Further judicial custody does not appear to be necessary at this stage, particularly after written undertakings before this Court, the SEM court observed while ordering their release.The court directed the investigating officer to submit a verification report regarding the sureties at the next hearing. The matter has been listed for further proceedings on October 23 at 3 pm, with the two leaders and their sureties directed to remain present.Earlier, Delhi Police had sought a further three-day extension of their judicial custody, arguing that the apprehension of a breach of peace and law and order persisted. Police also cited alleged differences between statements made by the leaders before the court and their subsequent remarks to the media.Also read:'Will not take down Indian Flag': Priyanka Gandhi's son alleges 'protest' photos pulled down at Bikaner House exhibitionDuring the hearing, counsel for the two leaders tendered an unconditional apology to the court over the conduct cited by the police and assured that it would not be repeated.Das and Ranka were detained in connection with an October 13 protest at Jantar Mantar, which had been denotified as a designated protest site. The police had alleged that they entered the area through private premises and violated conditions relating to maintaining peace.The SEM court has clarified that the enquiry in the matter will continue in accordance with the law.
10L dengue claim rejected: Why policyholder won
Gold and silver prices fell on 22 October. Check the latest retail rates of 24K and 22K gold and 999-purity silver in Delhi, Mumbai, and Kolkata. Here's how prices have changed and what to watch ahead of the US Federal Reserves policy meeting.
GIFT City funds vs international mutual funds: Returns, minimum investment and tax compared
With many international mutual funds closed to fresh investments under RBIs $7 billion overseas cap, GIFT City funds offer Indian investors another route to US and global equities. Heres how they compare on minimum investment, taxation and returns, and what the LRS limit means for you.
Ramayana Part 1 is set to premiere in Indian theatres on November 5, 2026, with previews on November 4. The film, directed by Nitesh Tiwari, stars actors like Ranbir Kapoor and Sai Pallavi in lead roles. After its theatrical run, the film will be available on OTT through a pay-per-view model. Read on to know more about it.
BL Agro heads to Africa with Rs 7,000 crore Tanzania bet; targets edible oil, dairy
BL Agro plans to invest Rs 7000 crore in Tanzania over the next ten years for international expansion. The company will focus on edible oils, dairy, animal husbandry, agriculture, and manufacturing. This investment aims to build an integrated ecosystem, leveraging Tanzanias agricultural resources with Indian technology.
Cheaper air tickets may remain a distant dream for Indian flyers
Indian flyers may have to wait longer for airfare relief after the festive season as elevated aviation turbine fuel prices, rupee depreciation and West Asian conflict-related disruptions keep costs high. ICRA expects fares to remain elevated in the near term, with sustained relief depending on lower fuel prices and improved capacity availability.
Marc Faber: 'India Is In A Bear Market'
'The Indian market has struggled over the past two years.' 'It peaked in September 2024, and although it has moved up and down since then, investors have not really made money.'
Indias private investment pipeline hits 99.7 lakh crore as IT services and power lead growth
Union Bank of India Research sees significant lending opportunities but cautions that investment concentration and execution challenges could constrain the expansion.
Poland PM begins three-day India visit, to hold talks with Modi today
This is Tusk's second visit to India in his capacity as Poland's Prime Minister
CAQM meets with Delhi govt agencies to review dust pollution issues
The Commission for Air Quality Management in Delhi held a meeting to address ongoing dust pollution problems. Agencies were instructed to comply with measures for dust mitigation as pollution levels deteriorated. The Municipal Corporation of Delhi was specifically directed to enhance dust control on roads and open spaces. Stage one of the Graded Response Action Plan has been implemented due to worsening air quality.
India strongly condemned the UN rapporteurs for showing bias in a counter-terrorism report related to Dawood Ibrahim. Indian diplomat Raghoo Puri stated that the report contained factual inaccuracies regarding Ibrahim's criminal status. Puri emphasized that Ibrahim is a wanted criminal based in Pakistan and associated with Al-Qaeda. Additionally, India rejected Pakistan's claims regarding Jammu and Kashmir, asserting its integral part of the nation.
What's holding up Washington's $14 bn arms sale to Taiwan?
Taiwan has been waiting months for US President Donald Trump to approve a $14 billion sale of weapons and equipment, which the island democracy would use to fend off a potential Chinese attack. - Taiwan is developing a multi-layered air defence system, known as the T-Dome, that it hopes could counter a potential Chinese attack.
Malayalam actor Soubin Shahirs 6,300-square-foot Kochi apartment combines lush greenery with earthy interiors inspired by Keralas traditional homes. The foyer features a fallen tree trunk as sculptural seating, surrounded by plants such as pandanus and papyrus. Soubin revealed how childhood memories of watering plants shaped his love for nature. The home also features black micro-cement flooring, woven cane details and a customised walnut dining table.
Nestle India submits response to FSSAI over Lactogen Pro 1 digestion claim
Nestle India has submitted a response to the Food Safety and Standards Authority of India regarding its product Lactogen Pro 1. The regulator requested scientific evidence for the claim related to whey protein being easy to digest. This follows FSSAI's broader actions against potentially misleading health claims by food manufacturers. The authority raised concerns about claims related to immune support and nutrition for infants.
Stick Run confirmed it was aware of a Twitch livestream involving creator Manuel Otto in which he appeared to have taken his own life. In a statement posted on X on October 21, the team said Twitch had removed the livestream and related video. It urged people to respect the privacy of those involved and requested not to spread unverified information or speculation.
Sold a residential house and reinvested the capital gains? Section 54 of the Income-tax Act, 1961, now Section 82 under the 2025 Act, offers tax relief subject to specific conditions. Heres when the exemption can be denied or withdrawn.
Trump's $277 mn bid to save GOP
Top tech and startup stories to start your day with
Rajinikanth's latest movie, Jailer 2, is dominating the box office with global earnings swiftly heading to Rs 600 crore. The film has outdone the lifetime box office of Hanuman Ansh and is on track to join the ranks of major blockbusters. Its domestic net collection has hit Rs 317.20 crore in just one week since its release, directed by Nelson Dilipkumar. Read on!
Fuel prices today: Check petrol, diesel and CNG rates on 22 October in different cities across India
On 22 October, petrol and diesel prices were unchanged across 14 cities. CNG prices rose in nine of 13 locations and held steady in four; Chennai,
INDIA bloc leaders to hold online meeting
New Delhi: An online meeting of the INDIA bloc will be held on Thursday evening to discuss the roadmap for protests regarding the vote chori issue and to press for Chief Election Commissioner Gyanesh Kumar's resignation, sources said.Congress President Mallikarjun Kharge will chair the meeting, which will also review the preparations for the INDIA bloc's rally in Delhi on November 1, they said.Last week, the protests over the vote theft charge reached the Supreme Court's doorstep.On October 12, opposition stalwarts, joined by activists and civil society members, took part in a March for Democracy along a heavily barricaded route and filed a joint petition against Special Intensive Revision (SIR) of electoral rolls, alleging poll irregularities, in a major show of strength in the national capital.Congress leader Rahul Gandhi also hosted INDIA bloc leaders for tea at his home on October 13. After the meeting, the opposition bloc vowed to continue resisting and take the vote chori fight to its logical conclusion.
Indian embassy issues France advisory
Healthtech startup Curebay raises Rs 100 crore
Data hubs need stable grids more than sops
Qualcomm may cut 600-1,200 jobs in India
Bond yield rises to 7.44% on higher oil prices, global cues
Mumbai: Yields on the 10-year benchmark bond increased 5 basis points from their previous close due to high oil prices to their weakest level since March 2023. The 10-year yield closed at 7.44%, a three-and-a-half year high, versus its previous close of 7.39%, CCIL data showed.Separately, the Reserve Bank of India rejected all bids at the treasury bill auction on Wednesday amid a rise in short term yields. The government had planned to raise 23,000 crores through the sale of 91-day, 182-day and 364-day treasury bills. Traders said the cutoff yields likely came in above the central bank's comfort level. The last time RBI cancelled a t-bill auction was in early June.Read more: Jio Platforms' IPO-linked inflows boost rupee; elevated oil prices spur cautionHigh oil prices, global yield pressure, FII selling and global fundamentals, nothing is working in our favour right now. The market is clearly signalling a 50 basis point hike in December, it is also seen from RBIs action in the T-bill auction today, said Anshul Chandak, head of treasury, RBL Bank.Read more: Sundaram Mutual Fund announces launch of Equity Ex-Top 100 Long Short Fund through its SIF platform SelectThe benchmark Brent crude stayed above $110 per barrel after nearing $112 on Tuesday, its highest in five months. Indian markets were shut on Tuesday for Dussehra. Oil prices were at $107 per barrel when Indian markets closed on Monday.High oil prices stoke inflation concerns, adding pressure on local currency and bonds, as India is a net importer of the commodity.In the T-bill auction, banks bid at yields at least 15 basis points higher than in the previous week's auction, a trader at a large state-run bank said.
Rule change unlocks 2 lakh cr M&A market for banks
India set to meet 2030 green goals, but UN issues a global warning
India is expected to meet its 2030 and 2035 climate targets due to ambitious renewable energy initiatives. The UN report highlights the global emissions gap, which needs urgent addressing to limit warming. Current policies may lead to a temperature rise of 2.8 degrees Celsius, indicating insufficient global commitment. However, India's actions stand out, with projects such as the Carbon Credit Trading Scheme showing promise.
Indian banks open cheque books for 10,000 crore-plus in M&A funding after RBI rule change
Indian banks have recently engaged in significant M
'$50K fraud': Florida AG Uthmeier announces arrest of Kissimmee mayor accused in scam case
US midterms polls 2026 prediction: The US Constitution says that states have the primary authority for the administration of elections. Voter rolls cannot be changed on a major scale less than 90 days before an election.
RBI flags widening inflation risks, puts rate cuts on ice
RBI's Monetary Policy Committee raised the benchmark repo rate by 25 basis points to address rising inflation concerns. Governor Sanjay Malhotra indicated a generalisation of inflation, with many commodities exceeding 4% inflation. Deputy Governor Poonam Gupta highlighted the influence of external supply-side shocks on inflation projections. External members expressed concerns about the implications of an aggressive rate hike on economic growth.
Slew of Sops to help fuel ships' shift to methanol
India is considering methanol as the primary fuel option for ships to support a green transition. The government plans to implement tax concessions and flexible compliance to encourage this shift. Officials are analyzing various suggestions to enhance the infrastructure and regulatory environment for methanol usage. Work is already in progress to improve local availability and establish refueling facilities.
HDFC Bank begins probe into alleged internal data leak
HDFC Bank is currently investigating potential leaks of confidential information to social media and other outsiders. This internal review aims to assess compliance with the bank's code of conduct and governance standards. The investigation specifically examines communications involving senior management and other sensitive issues. HDFC Bank confirmed the review process after allegations arose regarding two senior executives' involvement.
Critical tech list under review to push self-reliance
India's Niti Aayog is preparing a list of critical technologies for enhancing self-reliance and investment. This initiative aims to protect against disruptions due to limited access to essential technologies. Potential technologies include 6G, defence equipment, and electric vehicle powertrains. The government seeks to encourage innovation through the Anusandhan National Research Foundation and other funds. A comprehensive roadmap is expected to be finalized and released next month.
Core output grows at series high of 7.9% in Sept
India's core sector output growth for September recorded a remarkable 7.9%, driven largely by expansion in coal and electricity. Notably, refinery products and iron ore also contributed to this growth, supported by a favorable base effect. Coal production saw a sharp rebound with a growth rate of 10.7% following previous negative trends. Electricity generation growth declined slightly, impacted by heatwave conditions in the country.
Piyush Goyal to explore trade, investment avenues in Germany & Netherlands
Commerce and industry minister Piyush Goyal is set to visit Germany and the Netherlands for trade engagements. He will participate in the Berlin Global Dialogue and meet various government officials in Germany. The focus will be on technological cooperation, clean technology, and the India-EU FTA negotiations. In the Netherlands, Goyal will hold ministerial meetings to explore expanded trade channels and green transition initiatives.
'India a rising star in Swiss watch exports mkt'
Import window for duty-free raw sugar extended till Dec 31
The government has extended the deadline for duty-free imports of 10 lakh tonnes of raw sugar to December 31, as domestic imports have lagged at just 3 lakh tonnes due to price control measures. This decision aims to mitigate supply constraints following record high sugar prices linked to reduced domestic production and exports.
Car registrations plunge 22% this Navratri
Mumbai: Even as carmakers said deliveries this Navratri were robust, car registrations declined sharply, according to provisional data from the Federation of Automobile Dealers Associations (FADA). Passenger vehicle registrations fell 21.9% to 1.83 lakh units between October 11 and 20, the steepest drop among all vehicle categories.The fall largely reflects a high base. Last year's Navratri coincided with the rollout of GST 2.0, after sales had come to a standstill for half of August and almost all of September. This year, momentum continued even through Shradh, a period considered inauspicious.Also Read: Navratri shoppers splurge on clothes, appliances as gadgets get pricierThe dip is largely optical: last year Navratri ran 11 days against ten and coincided with the GST 2.0 rollout, said FADA president Sai Giridhar.Maruti Suzuki India, the largest carmaker, said Navratri deliveries were about 98% of last year, and it could have sold more with better supply. Non-availability of vehicles is an issue. If I had more, we would have sold more. Every dealer is asking for more, said Partho Banerjee, senior executive officer-sales and marketing at Maruti. The company gets 12,000-12,500 bookings daily but can supply only 8,000-8,500. Pending bookings rose to 2.7 lakh after Dussehra from about 2 lakh at the start of October.Also Read: Carmakers gear up with multi-powertrain models as Indian buyers shift beyond petrol, dieselJATO Dynamics data shows registrations of petrol, diesel and CNG cars at the top makers fell 5.2% to 1.69 lakh units. Maruti registered 74,387 cars, up 0.1%. Tata Motors fell 16.4% to 24,843 units, Hyundai 2.7% to 19,706 and Kia 9.3% to 9,731, while Mahindra & Mahindra rose 6.6% to 20,681. It said electric car registrations also fell 5.1% to 11,478 units.Tata Motors Passenger Vehicles said demand remained strong. The response during Navratri has been particularly encouraging, with over 50,000 vehicles delivered during this festive period, including more than 10,000 on Dussehra alone, said Amit Kamat, chief commercial officer, Tata Motors Passenger Vehicles.Hyundai Motor India said registrations during Shradh and Navratri grew 30% to nearly 41,000 units. Considering the pace of bookings, we expect momentum to continue through Dhanteras and Diwali, said chief executive officer Tarun Garg.Dealers said the real picture will emerge in a few days. We will get to know the real picture after a few days as Vahan portal captures registration with a lag, said a dealer principal.
John Barths quote, The story of your life is not your life; its your story, explores how people interpret their experiences and reshape their memories over time. Featured in his 1968 collection Lost in the Funhouse, the quote of the day reflects the American writers fascination with storytelling, self-reflection and the difference between lived experiences and the narratives people create about them.
Rubio, Mukesh Ambani discuss energy, technology partnerships at Jamnagar
US Secretary of State Marco Rubio toured Reliance's Jamnagar refinery and discussed energy supplies, technology, data centres and potential commercial partnerships with Mukesh Ambani.
Nepal PM Balen Shah may visit India in Nov
Two New York women, Judith Jones and Carolyn Kenyon, raised $12,500 in four months to help erase $1.5 million in medical debt for 1,284 strangers. Their fundraising campaign supported R.I.P. Medical Debt, a nonprofit that buys overdue medical bills at heavily discounted prices and cancels them. The initiative also highlighted how medical expenses can create long-term financial problems.
