18 C 
We will consider the call for review of LTCG tax: Finance minister Nirmala Sitharaman
The circumstances have changed and, therefore, the voices of concern are louder,'' she said at a media event, in reference to reports that her administration has received suggestions to review levies on long-term capital gains (LTCG) for overseas investors. I quite appreciate that. So, I'll consider all this... Our growth is very important, where people are putting their very best, we are able to see sustained 7(%)-plus growth.''
Dip in gold puts sparkle back in festive buys
Automakers back US rollback of fuel economy rules
A group representing General Motors, Toyota, Volkswagen and other major automakers on Monday backed the Trump administration in a legal challenge to its sharply lower vehicle fuel economy standards filed by California and other states. Last month, the US Transportation
Petronet LNG reports 52.3% growth in net profits, in talks for availing undelivered cargoes
Along with their results, Petronet LNG also declared a dividend of 7 per equity share
Healthcare marketplace: Obamacare premiums are expected to rise in 2027 as enhanced federal subsidies expire and eligibility rules change. With benchmark silver plan premiums projected to increase by 13%, many Americans could face higher costs, switch to cheaper coverage or struggle to keep their health insurance.
Cement companies bet on price hikes to revive profitability in H2
Cementmakers in India are experiencing a weak first half of the fiscal year due to rising costs. They expect price increases and seasonal construction activity to improve profitability. Price stability is noted after recent increases, which may help offset costs. Cement prices have risen and are expected to stay high in the coming months. The market leaders remain optimistic about further price improvements in the near future.
Zero-sugar drinks hit the sweet spot as sales double for PepsiCo and Coca-Cola in Sept qtr
During the July-September 2026 quarter, consumer demand for zero-sugar and low-sugar beverages significantly increased across India. PepsiCo reported that sales of its low-sugar drinks doubled, while Coca-Cola also experienced similar gains. Higher sugar prices this year prompted many consumers to shift away from sugary drinks. Companies are prioritizing the production of low-sugar beverages to meet the rising market demand.
Govt consults seed, fertiliser firms on easing regulatory hurdles
The Indian government is engaging with agricultural companies to address regulatory challenges that affect the sector. Consultations focus on updating the Seeds Act, 1966, to align with modern agricultural technology. Industry representatives have pointed out delays in approvals and licensing processes that hinder market access.
Aditya Birla Lifestyle bets on festive demand
Manufacturing activity eases in Oct as new order growth drops
Manufacturing activity in India experienced a slowdown in October, decreasing from the previous month's growth. Despite this, the sector remained above its long-run average due to stronger international demand. A survey indicated that nearly 18% of manufacturers anticipated increased output over the next year, supported by fresh client inquiries.
SC junks plea against Vedanta arbitration awards
Budget 2027: Customs duty relief on 118 goods under review
The Indian government is currently reviewing customs duty concessions applicable to 118 products set to expire. This review involves input from respective line ministries and industry stakeholders regarding these exemptions. Goods under review include materials for power projects and certain medical devices. A focus is on correcting the inverted duty structure to support local manufacturing initiatives. The outcomes of this review will influence the upcoming budget for 2027-28.
HC restrains NPPA from action against AstraZeneca
A peek inside Indias first Bullet Train
VB-G RAM G grievance redressal rules set 15-day deadline
The rules establish a multi-tier grievance redressal mechanism at the gram panchayat, block and district levels. Designated grievance redressal officers will be responsible for receiving, registering, inquiring into and disposing of complaints. Inquiries must be completed within seven working days.
Airlines seek govt support to protect Mumbai Airport slots
Airlines at Mumbai airport are urging civil aviation ministry intervention regarding proposed capacity reductions planned for next April. Operator Mumbai International Airport Ltd intends to shift part of its international flight schedule to Navi Mumbai International Airport. While some airlines have consented to the changes, others seek more time to adapt to the new airport's infrastructure.
Maruti Suzuki exports surge 30% in Jan-Oct
Railways orders 9,638 more wagons
T.N.s GST collectionover past six months raises serious questions about its economy: Annamalai
False shooting report sparks lockdown at NC school
Clean energy investment helped India weather global energy crisis: PM Modi
Prime Minister Narendra Modi stated that India's investments in clean energy have mitigated severe external shocks. He announced an ambitious target of adding 500 GW of new non-fossil energy capacity within the next decade. Modi emphasized the importance of energy security in relation to economic stability.
Institutional investors are now allocating more funds to private credit, significantly from insurance companies and pension funds. Neo Alternative Asset Managers has seen its second fund receive 22-25% contributions from these investors. Ascertis Credit's fourth fund also attracted commitments exceeding $700 million from multiple institutional investors. With increased interest in private credit, annual investment opportunities are now estimated around 1 lakh crore.
Govt set to tweak MSP norms for periodic price hikes of minor forest products
The Centre is planning to restructure the minimum support price mechanism for minor forest produce. This change aims to provide periodic hikes to benefit tribal communities relying on forest produce. TERI has been tasked to study the current MSP framework and assess potential rationalization. Concerns regarding stagnant MSP rates sparking exploitation among forest-dependent communities have been raised in parliamentary discussions.
Thomas Markle, father of Meghan Markle, has reportedly entered a dementia care facility in Florida. This move has raised questions about his ability to engage with investigators concerning serious allegations. Claims of suspected child sexual abuse material linked to him have prompted investigations in multiple countries. Philippine authorities and the FBI are continuing inquiries into the accusations involving previously found materials.
The Supreme Court has authorized the use of certified green firecrackers in Delhi-NCR on specific dates. Firecrackers can only be burst within designated time limits on November 7 and 8. Certain areas, including hospitals and educational institutions, will be declared as 'No-Cracker Zones' to ensure safety. Manufacturers must comply with specific certifications to produce authorized firecrackers during this period. A complete ban on all firecrackers will resume after November 8.
Donald Trump's administration asked the US Supreme Court to temporarily block California from counting mail-in ballots from more than 20,000 registered voters who federal officials allege are likely non-US citizens.
Judges hearing appeals related to electoral rolls in West Bengal are expected to utilize digital signatures shortly. This change aims to resolve a prolonged standoff that prevented the processing of appeals. Retired Calcutta High Court judge Indrajit Chatterjee has resumed his work on appeals in Murshidabad. The Election Commission of India is considering relocating some tribunals closer to Kolkata.
Draft of Special Solar Power Ordinance 2026 Receives Final Approval
The draft of the Special Solar Power Ordinance 2026 has received policy and final approval to ensure the rapid expansion of solar power activities in the country. The approval was given at a Cabinet meeting on Monday, chaired by Prime Minister Tarique Rahman. In accordance with the requirements of Article 93 of the Constitution, the draft was approved for presentation as a bill at the next session of Parliament, subject to vetting by the Legislative and Parliamentary Affairs Division. Cabinet Secretary Nasimul Gani disclosed the information at a press briefing held at the conference room of the Department of Information following the meeting. The Cabinet also approved the draft of the Public Procurement (Second Amendment) Act, 2026 to ensure transparency, accountability and equal treatment in government procurement. The new law introduces special provisions in procurement to protect domestic industries and provide opportunities for new and small entrepreneurs, women bidders and disadvantaged groups. It also includes provisions to facilitate alternative procurement arrangements and the use of limited tendering procedures in cases of urgent state requirements. An agreement on mutual legal assistance between Bangladesh and Hong Kong was also approved to prevent money laundering and other crimes. The Cabinet further approved the [] The post Draft of Special Solar Power Ordinance 2026 Receives Final Approval appeared first on Energy Bangla .
Rahul Gandhi locks horns with PM Modi over 'foreign help'
Rahul Gandhi said he was ready for a debate on the issue. To Modi's accusation last Saturday that the Opposition had become an obstructionist force using social media as a weapon to spread rumours, Gandhi responded by alleging that foreign social media fully backs the prime minister.
Supreme Court Justice PS Narasimha recused himself from a case regarding the Memorandum of Procedure for judicial appointments. The plea, filed by NGO Lok Prahari, seeks to finalize the MoP as it has been pending since 2015. This procedure governs the appointment and transfer of judges to higher courts in India. The petition also calls for enhanced transparency in the selection process and access to Collegium meeting minutes.
Supreme Court ends monitoring of Ram Mandir donation theft probe after UP files charge sheet
The Supreme Court concluded the court-monitored investigation on the Ayodhya Ram Mandir donation theft case. This decision came after the Uttar Pradesh government submitted a charge sheet regarding the allegations. The case involved claims of cash misappropriation by individuals during the donation counting process. The Supreme Court allowed petitioners to assist in the trial court proceedings. The trial court has been directed to proceed according to legal protocols.
CRPF completes a year without a single operational fatality for the first time in 47 years
CRPF has marked a significant achievement by completing a year without any operational fatalities. This milestone was last observed almost five decades ago in January 1979. The force attributes this success to enhanced training, contemporary hardware, and strategic planning. Efficient post-incident response is also a key aspect of this accomplishment. CRPF continues to engage actively in major operational areas while maintaining this remarkable record.
Defence Ministry inks Rs 53,886 crore deals for new indigenous warships
The Defence Ministry signed contracts worth 53,866.50 crore for constructing next-generation corvettes with public shipyards. Garden Reach Shipbuilders & Engineers Limited will build five corvettes while Goa Shipyard Limited will construct three. The ships are designed for multi-domain warfare, including anti-surface and anti-submarine operations. This project is expected to create significant employment opportunities in shipyards and ancillary industries over the next decade.
Binance has recently reported a major security breach impacting approximately $6.3 billion in digital assets. After the hack, the exchange temporarily suspended withdrawals while assessing their security systems. Hackers allegedly linked to North Korea have raised concerns about the effectiveness of security measures in cryptocurrency exchanges. Investigators are working to trace the stolen funds and recover as many assets as possible.
A power cut occurred in Washington DC on Monday. It impacted over 1,176 Pepco customers. George Washington University and other government buildings in the area faced the power cut due to a power outage at a substation. Smoke was also reported to come out of manholes. This happened just one day before the US midterm elections 2026.
A 20-year-old co-pilot, Nathalia Gadelha, was among nine people killed in the deadly Learjet Florida crash. Her mother has now recalled her haunting fear that flying would one day take her daughter away, while Nathalia's final text to her boyfriend, sent around 10 minutes before the crash, revealed that she was facing turbulence and ice.
Strategy purchased 811 BTC USD worth more than $65 million, its largest acquisition since late September, while Bitmine added $19 million in ETH USD. The buying came as the crypto industry faced renewed security concerns following the massive Binance hack, with Bitmine chairman Tom Lee arguing that the markets relatively muted reaction was very constructive.
A study involving 2,546 men has found different associations between protein sources and testosterone levels. While higher animal and dairy protein intake was linked to lower testosterone, men consuming more plant protein had higher average levels of the hormone. Researchers explain what the findings mean and why they do not prove that eating meat or drinking milk lowers testosterone.
The Delhi ITAT deleted 1.13 crore in tax additions after accepting that 3.9 kg of jewellery found at a man's home belonged to his late wife and three married daughters. The ruling highlights how families can establish ownership of gold through supporting evidence.
India must reject retrograde lab animal rules
TVS-owned Norton unveils 450 cc urban bike to win a new generation of riders
Norton Motorcycles has announced a new 450 cc urban motorcycle set for launch in 2027. The motorcycle features a liquid-cooled engine and advanced connectivity options. It follows the introduction of four new-generation motorcycles presented at EICMA 2025. Additionally, Norton plans to expand its retail network internationally, including new entries in India and the United States.
Reliance expands Independence range with 9 variants
Centre's FY27 fiscal deficit may exceed Budget target by Rs 1.2 lakh crore: SBI Research
India's central government anticipates a fiscal deficit exceeding budget estimates by Rs 1.2 lakh crore in 2026-27. This increase is primarily attributed to rising fertiliser, LPG, and petroleum subsidy expenses. Strong GST growth and disinvestment receipts may not offset the expected higher deficit. In addition, SBI Research recommends a revised long-term capital gains structure to generate additional revenue.
Maharashtra FDA suspends 19 food licences; acts against Patanjali distributor over 'adulteration'
In a recent operation, the Maharashtra FDA suspended licenses of 19 food business operators for violations. They seized food articles worth over Rs 9 crore across multiple divisions in the state. This included significant amounts of Patanjali cow ghee found to be misbranded and adulterated. Further, the FDA registered FIRs, arrested several individuals, and sealed multiple establishments for serious hygiene issues.
Bank Indonesia hails September trade surplus as buffer for economy
Life Cycle Funds automatically shift investments from equity to debt as the target date approaches. Here is how these mutual funds work, who should invest, how to choose the right maturity period and the risks investors must consider.
Jessica Alba stirred up a debate by donning a Nancy Kerrigan costume for Halloween, accentuated by a fake bloodied bandage on her knee, referencing a significant moment in sports history. Her friend Kelly Sawyer complemented the theme as Tonya Harding with a baseball bat. Initially uploaded on Instagram, the photos were soon deleted in response to backlash, raising questions about the sensitive portrayal of historical events in popular culture.
Scam 2010, the third instalment of Hansal Mehtas popular crime anthology, will explore the rise and controversies of Sahara Group founder Subrata Roy. Starring Siddharth Bodke in the lead role, the series is based on journalist Tamal Bandyopadhyays book Sahara: The Untold Story. After introducing audiences to Harshad Mehta and Abdul Karim Telgi in its previous seasons, the franchise is now turning to another major financial controversy.
Marico reported a significant expansion in gross margins due to a 35% decrease in copra prices. The company achieved a 27% year-on-year growth in consolidated EBITDA, indicating strong profitability. While Parachute volumes grew, revenue growth was limited primarily due to prior price reductions. Marico cautioned about ongoing inflation in crude-linked derivatives and vegetable oils impacting future margins.
Telcos to face up to Rs 20 lakh fine per quarter per circle for complaint redressal lapses
Telecom Regulatory Authority of India has introduced new rules for telecom operators and internet providers to enhance complaint redressal. These providers will face penalties up to Rs 20 lakh if they fail to resolve consumer complaints quickly. The rules require complaint centres to operate 24 hours with human representatives available for assistance. Consumers will now have a shorter time frame of 15 days to appeal complaint resolutions.
Congress seeks JPC probe into IDBI Bank sale, alleges valuation irregularities
The party questions the use of banks funds by Fairfax to finance acquisition; demands disclosure of valuation reports
Congress seeks JPC probe into IDBI Bank sale, alleges valuation irregularities
The party questions the use of banks funds by Fairfax to finance acquisition; demands disclosure of valuation reports
Florida crash: Who was 20-year-old copilot Nathalia
Telangana to call for tenders for deploying AI in market yards
Telangana to be the first state in India to have such a system, Agriculture Minister Tummala Nageswara Rao says
Renewable energy to offer $220 bn investment opportunity by 2030: PM Modi
Speaking at the Bharat Renewable Energy Summit, PM Modi said the sector had attracted over 15 trillion in investments in the past decade, underscoring India's clean energy push
Skill Development, Corporate Affairs ministries top H1 FY27 underspenders
CGA data shows only 19 of 47 major ministries utilised over 45 per cent of their FY27 allocations in H1, while Railways led spending at 77 per cent and Mines at 75 per cent.
PVV Infra takes possession of NHLML wayside amenities sites in Madhya Pradesh
The projects form part of NHLMLs national programme of over 700 wayside amenities sites, spaced roughly every 4060 km along National Highways, with completion targeted by FY29
Petronet LNG faces arbitration as vessel owners seek Rs 625 crore in dues
Three owners of LNG vessels are pursuing arbitration against Petronet LNG for Rs 625 crore in unpaid dues. The vessels have been largely idle since March 2 due to disruptions related to the Iran war. Petronet LNG reported a 53% rise in profit for the July-September quarter despite a decrease in operational revenue.
Overdependence on fossil fuels will continue to disrupt global economy: PM Modi
Modi noted that the renewable energy sector has attracted over 15 lakh crore, or $164 billion, over the past decade
India's income tax filing data reveals five changing money trends: more Indians are earning beyond salaries, young taxpayers are filing complex returns, low-income earners are reporting diverse income sources, young investors are reporting losses and retirees continue investing.
Capex push to continue, but fiscal prudence non-negotiable: FM
India must to talk with optimism and there needs to be reduction in cynicism says Ms. Sitaraman
Europes supermarket fridges hacked: Whos behind?
You wont believe how much Baywatch star Erika Eleniak earns on OnlyFans decades after iconic TV role
Erika Eleniak, famously recognised for her iconic role in Baywatch, has embraced the world of OnlyFans, reaping substantial financial rewards in the early months. With projections indicating nearly $1 million in earnings for her inaugural year, Eleniak reveals that the platform fosters a cherished reconnection with her long-time fans while empowering her to share intimate moments.
What makes Pune Metro's Pink Line so special?
NASA is inviting people around the world to send their names to Saturns largest moon, Titan, aboard its upcoming Dragonfly spacecraft. As part of the initiative, names will be stored on a microchip carried by the rotorcraft, with participants receiving personalised digital boarding passes. With the mission scheduled to launch in 2028 and reach Titan in 2034, here is how people can register, what the deadline is and what NASA hopes to discover on the distant moon.
ITC flags illicit trade pressure on cigarettes; digital-first businesses grow over 70%
ITC Ltd has reported a significant increase in its digital-first and organic FMCG portfolio, achieving over 70% year-on-year growth. However, the company is facing considerable pressures due to rising illicit cigarette trade and increased taxation impacting legal volumes. The fresh food segment has also expanded significantly, reflecting ITC's focus on organized markets. Additionally, challenges in West Asia have disrupted agricultural exports, although value-added products showed better performance.
Jupiter Wagons bags Rs 324 crore orders from GATX India and Chetak International
Jupiter Wagons Ltd has obtained private sector orders worth over Rs 324 crore for automobile carrier wagons. GATX India issued a Letter of Intent for 10 rakes valued at Rs 214.94 crore. Chetak International placed an order for five rakes worth Rs 109.10 crore. The company highlights strong demand for its new ACT2 wagon platform among private operators.
Indias sugar production up at a record high of 8.5 lakh tonnes in October
In the first month of the crushing season, Maharashtra produced 7.20 lakh tonnes
DMRC announces 20 additional trips on weekdays
Indias rabi acreage down 46% as sowing of all crops gets delayed
Coverage of mustard down 47%, under pulses 52% and gram by 59%, while the area under paddy and wheat is also lower
The proposal has brought the taxation of investment profits into focus, particularly the rules governing gains earned from selling shares and other financial assets.
Yoga Bar maker Sproutlife Foods to merge with ITC; board approves scheme
ITC Ltd has received board approval for a scheme to merge Sproutlife Foods into its operations. This move is designed to streamline business processes and enhance value creation for ITC. Sproutlife, focusing on health-centric food products, achieved a turnover of Rs 451.71 crore in FY26. ITC clarified that no new shares will be issued in this merger, set to be effective from April 1, 2026.
Why is India seeing back-to-back cyclones?
A parliamentary panel raised concerns over high airfares during discussions with IndiGo and Air India officials. Rising Aviation Turbine Fuel prices and the closure of Pakistan airspace were cited as major factors. IndiGo reported significant losses in the September quarter due to these issues, alongside challenges faced by Air India. The meeting also reviewed aircraft security and global aviation practices in India.
Despite rise in area, Indias tur output may shrink to 20-25 lt on drought impact
Adequate imports and buffer stocks to make up for the 15 lakh tonnes short supply, says trade
US stocks rose after midterms: Will 2026 break it?
Pakistan suffered $40 billion in economic losses due to suspension of trade with India: PIBC chief
Lahore has faced an estimated USD 40 billion in economic losses since trade with India paused in 2019. Business leaders emphasize the need for restoring these commercial ties to stimulate mutual benefits. The suspension has escalated costs for essential goods that are typically imported from India. Industries, particularly textiles and pharmaceuticals, have struggled to cope with rising transportation and sourcing expenses.
J Estates partners with Emoha for senior living project in Gurugram
Gurugram-based J Estates is collaborating with Emoha to develop J 36, a senior living project in Sohna. This initiative aims to integrate residential design with elder-care services for residents and their families. The project will feature 190 units with various apartment configurations and an estimated sales potential of Rs 525 crore. Emoha will contribute its expertise to enhance the resident experience through community support and wellness programs.
The Centre's 3% DA hike from 60% to 63% can increase retirement gratuity for central government employees by up to 50,000. However, the actual benefit depends on basic pay, qualifying service and the 25 lakh gratuity ceiling.
Union Finance Minister Nirmala Sitharaman acknowledged concerns from investors regarding potential tax changes to support equity markets. She emphasized that while taxation is vital, India's economic indicators remain robust and positive. Sitharaman highlighted the necessity for capital expenditure to sustain economic growth and fiscal prudence. On welfare, she noted significant improvements in access to essential services contributing to decreased poverty levels.
India assures commitment to lower Scotch tariffs under UK trade pact
The government has assured liquor companies it will honour tariff concessions under the India-UK trade pact, signalling a possible resolution to the dispute over bulk Scotch imports
Ambani tops global billionaire gainers list as RIL shares soar
Reliance Industries chairman Mukesh Ambani has become the world's biggest billionaire wealth gainer, adding over USD 6 billion to his fortune in a single day, as shares of his flagship company surged following stronger-than-expected quarterly earnings.
LPG: Price Increased by Tk 18.56 per Kg; Government-Supplied LPG Price Rises After Long Period
The Bangladesh Energy Regulatory Commission (BERC) has once again increased the price of liquefied petroleum gas (LPG). The price of LPG has been raised from Tk 153.12 to Tk 171.68 per kg. As a result, the price of the most widely used 12-kg cylinder has increased by Tk 223, from Tk 1,837 to Tk 2,060. The new prices were announced on Monday. Prices of other LPG cylinders, ranging from 5.5 kg to 45 kg, have also been increased. After remaining unchanged for a long period, the price of LPG cylinders supplied by government-owned companies has also been raised. The price of a 12.5-kg cylinder has been increased from Tk 825 to Tk 1,860. The price of a 12-kg cylinder was also increased by Tk 252 for October. The price of liquefied petroleum gas (autogas) used in vehicles has been raised from Tk 84.62 to Tk 91.95 per litre. In the previous month, the price of autogas was increased from Tk 73.09 to Tk 84.62 per litre. BERC determines LPG prices every month in line with international market rates. When the price was first fixed in the country on April 12, 2021, a 12-kg cylinder cost Tk 975. The price has [] The post LPG: Price Increased by Tk 18.56 per Kg; Government-Supplied LPG Price Rises After Long Period appeared first on Energy Bangla .
A Learjet 60 crashed into a mobile home community in Florida, triggering a massive fireball. The pilot's chilling final words, We're out of time, captured the desperate moments before the Learjet 60 plunged into a Florida mobile home community. The crash triggered a massive fireball and left authorities investigating multiple fatalities.
Finance Minister Sitharaman urges Tata to resolve feud amicably
Nirmala Sitharaman highlighted the importance of resolving the ongoing differences within Tata Sons and Tata Trusts. She emphasized that the matter should remain private and avoid public discussions. The Finance Minister acknowledged the contributions of the Parsi community to the Tata Group's global brand. Concerns regarding foreign investor outflows and their impact on India's economy were also addressed.
Bond yields fall nearly 10 bps as crude slides, rupee gains against dollar
The benchmark 10-year government bond yield fell nearly 10 basis points to 7.32 per cent as crude prices declined, while the rupee strengthened for the second straight session
IT and ITeS Policy of Uttar Pradesh, 2022: Incentives, eligibility and implementation
The policy is a state incentive and infrastructure framework intended to attract information technology and technology-enabled service operations to Uttar Pradesh
India's renewable sector attracts investments worth $67 billion in last 2 years: Pralhad Joshi
The sector is growing at a fast pace in India and will play an important role in meeting the country's future power demand, the Minister for New and Renewable Energy (MNRE) said while addressing the Bharat Renewable Energy (BRE) Summit & Expo 2026 in the national capital.
NBCC to build world's largest Maharana Pratap statue in Rajasthan's Haldighati
NBCC Ltd will create the world's tallest statue of Maharana Pratap in Haldighati, Rajasthan. The project is part of a Rs 168 crore tourist circuit to promote the region's historical significance. A world-class museum will showcase the legendary warrior and his horse, Chetak. An immersive projection show will highlight the historical events from the Battle of Haldighati. The circuit aims to enhance Haldighati's appeal as a heritage and tourism destination.
Nissan Motor Indias October sales fall 14% as exports drop 35%
Nissan Motor India reported a 14 percent decrease in total sales during October, reflecting weak exports. The company achieved a significant domestic sales increase of 50 percent compared to last year. Total vehicle dispatches fell to 8,310 units from 9,674 units in the previous period. Exports dropped sharply, declining by 35 percent to 4,710 units. The managing director highlighted ongoing customer confidence and focus on enhanced ownership experiences.
