Business Standard

Gurugram-based Delhivery reported a consolidated PAT of 40.6 crore for the September quarter of FY2027. The company posted a loss of 50.3 crore in the same quarter last fiscal year.

Jahangirpuri records an AQI of 417, the highest in the capital; Noida also crosses 300 as new winter pollution curbs take effect

Delhi's trading sector suffered an estimated loss of Rs 10,000-11,000 crore due to disruptions caused by the INDIA bloc rally at Ramlila Maidan, Chamber of Trade & Industry (CTI) Chairman Brijesh Goyal claimed on Sunday.Goyal said around 20 to 25 major markets in the vicinity of the rally venue were affected, with approximately 2.5 lakh shops remaining closed out of the nearly three lakh shops in these markets.Speaking about the impact on traders, Goyal said the closures were largely due to pani

Delhi authorities imposed penalties and environmental compensation totalling Rs 68.4 lakh on the first day of the Winter Action Plan, with nearly 15,000 vehicles checked, 1,539 turned back at border points and 566 challans issued for violations of Pollution Under Control Certificate (PUCC) norms. According to official data available till 5 pm on Sunday, the total amount comprised Rs 56.6 lakh in penalties for PUCC violations, Rs 2 lakh in fines for violations of border entry restrictions and Rs

External Affairs Minister S Jaishankar on Saturday stressed the importance of deepening cooperation among Quad nations to promote supply chain resilience and ensure technology, critical minerals, and energy security. Participating in the Quad Foreign Ministers' Meeting in Atlanta, Jaishankar said he spoke about countering non-market practices and increased economic stresses in the Indo-Pacific region. The Quad Foreign Ministers' Meeting was held on the sidelines of the G20 Foreign Ministers' Mee

An incident of water ingress occurred on board INS Kesari on Saturday afternoon while the ship was berthed at the naval dockyard at Visakhapatnam, an Indian Navy official said. However, no injuries or loss of life were reported, a spokesperson of the Indian Navy said. An incident of water ingress occurred on board INS Kesari this afternoon while the ship was berthed at the naval dockyard, Visakhapatnam, the official said. Operations to pump out the water are currently in progress, the spokespers

The French government estimated that 320,000 people protested nationwide Saturday in demonstrations focused on high living costs, fewer than in previous demonstrations. Mass protests on October 17 drew more than 500,000 people around France, and demonstrations on October 24 drew 410,000, according to government estimates. Organisers' turnout estimates are much higher. The Interior Ministry told reporters that of the 320,000 protesting Saturday, 70,000 people are estimated to have turned out for

IBBI amends insolvency rules for real estate developers to speed up home delivery, strengthen homebuyers' participation and improve transparency in resolution processes

Markets regulator Sebi has barred EKI Energy Services Ltd and its Managing Director Manish Kumar Dabkara from the securities market for two months and 12 months, respectively, for misrepresenting financial statements of the carbon credits trading firm and diverting funds. Also, the regulator has restrained the company's former Chief Financial Officer (CFO) Mohit Kumar Agarwal from the securities market for eight months, while whole-time directors Naveen Sharma and Sonali Sheikh have been prohibi

The central government usually releases funds as tax devolution to states in 14 instalments a year and uses its own discretion to pick the months for double devolution

Diplomatic shuttling continued on Saturday, with Iran's Foreign Minister Abbas Araghchi saying an Iranian delegation was in Qatar for talks with mediators there

This is in addition to the regular monthly devolution and the second additional instalment this financial year

Rubio hosted a final plenary session with foreign ministers from the Group of 20 major economies during a two-day summit in Atlanta

Delhi will impose a series of sweeping restrictions from November 1 to combat winter air pollution, including barring older vehicles registered outside the city, suspending most outdoor construction activities, doubling parking fees and limiting physical attendance in government and private offices to 50 per cent. The restrictions, which will remain in force for varying periods between November 1 and February 28, will be backed by special enforcement teams, automatic number plate recognition (AN

Simplified GST registration for small sellers on e-commerce platforms, unified documentation for GST registration, faster refunds, and a Rs 10,000 threshold for issuing GST notices are some of the Goods and Services Tax process reforms that are likely to be rolled out from November 1, an official said on Thursday. The 57th GST Council meeting on October 8 approved a host of reforms in GST processes, primarily covering registration, returns, refund and adjudication. Officials said some of the cha

Prime Minister Narendra Modi on Saturday attacked the Opposition, saying it had turned into Avrodh Paksh (obstructive force) rather than Virodh Paksh (opposing group), underscoring that the country needs to stay united. He was addressing a gathering at the Parade Ground in Gujarat's Ekta Nagar on the occasion of Rashtriya Ekta Diwas, marking the 151st birth anniversary of Sardar Vallabhbhai Patel. It is our misfortune that the Opposition has turned into Avrodh Paksh, Modi said. In a veiled refer

Muthoot Finance's Q2 FY27 consolidated profit rose 36 per cent to 3,278 crore, driven by gold loan growth, while loan AUM increased 42 per cent to 2.09 trillion

The cryptocurrency exchange said the replenishment included funds from its own corporate treasury

BJP MP and West Bengal unit president Samik Bhattacharya on Saturday sought a fresh SIR of electoral rolls in the state, claiming that the exercise conducted ahead of the Assembly elections was incomplete. He alleged that more names could have been deleted from the voter list had the officials involved in the exercise, from block development officers to anganwadi workers, and BJP workers not been intimidated. The Special Intensive Revision (SIR) held in West Bengal is incomplete, Bhattacharya sa

A second cyclone, with wind speeds of 80 to 90 kilometres per hour, gusting to 100 kilometres per hour, is predicted to hit the coast on the morning of November 3

Uttar Pradesh Chief Minister Yogi Adityanath and Union Railway Minister Ashwini Vaishnaw on Saturday flagged off the Vande Bharat Sleeper Express between Varanasi and New Delhi, marking the launch of a new overnight rail service that will connect the two cities in less than 10 hours. The Railway Ministry had announced on Friday that the new service would strengthen connectivity between one of India's most prominent spiritual and cultural destinations and the national capital. The train will conn

Muthoot Finance on Saturday reported a 27 per cent growth in standalone profit at Rs 2,977 crore in the September quarter. The company had a profit of Rs 2,345 crore in the July-September quarter of FY26. Total income rose to Rs 8,842 crore in the July-September quarter, from Rs 6,442 crore in the corresponding quarter a year ago, Muthoot Finance said in a regulatory filing. Interest income rose to Rs 8,730 crore in Q2 of FY27, from Rs 6,304 crore in Q2 of FY26. For the first half (April-Septemb

The National Company Law Tribunal (NCLT) invalidated a series of transactions involving JLS Realty Pvt Ltd, including the transfer of a prime redevelopment land parcel in Mumbai to Spenta Suncity and a mortgage and corporate guarantee linked to Rs 525 crore in financing involving IIFL. In an order pronounced on October 23, the Mumbai bench of the tribunal also invalidated the appointment of two IIFL-linked employees as directors, declared the attempted removal of an existing director illegal, re

Central Depository Services (India) Ltd (CDSL) reported a 24 per cent year-on-year rise in consolidated net profit to Rs 173 crore for the July-September quarter, aided by continued growth in India's securities market participation. Consolidated total income rose 22 per cent to Rs 417 crore in the second quarter of FY27, compared with Rs 341 crore a year earlier. Sequentially, net profit jumped 47 per cent from Rs 118 crore in the June quarter, while total income increased 22 per cent from Rs 34

Vadodara (Gujarat) [India], October 31: Ratnaveer Precision Engineering Limited has announced its unaudited financial results for the quarter and half year ended September 30, 2026, reporting strong year-on-year growth across key financial parameters. Alongside its financial performance, the company continues to advance its capacity expansion plans, with its new CCL plant progressing towards completion and currently approximately 75% complete.

Railway Minister Ashwini Vaishnaw announced on Saturday that Prime Minister Narendra Modi has approved the north corridor of the bullet train project, which is expected to transform the lives of many people. Vaishnaw emphasised that the concept of the construction work for the bullet train, from pillar to girder, will be made in India. The construction is progressing rapidly. It will be fully 'Make in India', built by the youth and welders of India, he said. Speaking before flagging off the new

Keeping in view raw material requirements of domestic textile industry, the Centre has extended the existing customs duty exemption on cotton imports until December 31, 2026, the textile ministry said on Saturday. The extension has been notified by the Department of Revenue, Ministry of Finance, dated October 30. Through this amendment, the existing exemption, which was available until October 2026, has been extended by two months, up to December 31, 2026. In May, the government had exempted cot

Gurugram (Haryana) [India], October 31: The four-day international conference ECHO ASIA/ECHO INDIA 2026, held from October 8 to 11 at The Leela Ambience Gurugram Hotel, brought together around 1,500 delegates from 20 countries to discuss advances in cardiac imaging and the early detection of heart diseases. The conference brought together cardiologists, doctors and researchers from India and across the world, including the UK, the US, Japan, South Korea, Singapore and Australia.

Aditya Birla Fashion and Retail Ltd (ABFRL) on Saturday reported a twofold increase in consolidated net profit at Rs 53.05 crore for September quarter FY27. The company had posted a net profit of Rs 23.44 crore during July-September FY26, according to a regulatory filing from ABFRL. Revenue from operations rose to Rs 2,265.61 crore from Rs 2,037.90 crore earlier. Total expenses of ABFRL, which handles Pantaloons and Style Up, along with a host of ethnic brands, were at Rs 2,224.99 crore, up 9.71

Jammu and Kashmir Chief Minister Omar Abdullah has married television journalist Nidhi Razdan here. In a tweet on Saturday, 56-year-old Omar said, a new journey began yesterday... and tagged Nidhi in it. The tweet included four pictures of the couple. Sources said the marriage was solemnised under the Special Marriage Act here on Friday. The witnesses included family members from both sides. Omar's marriage to his first wife, Payal, was dissolved by an order of the Supreme Court in July this yea

British telecoms operator Virgin Media O2 is considering cutting up to 4,000 jobs as part of a major restructuring, Sky News reported

Dixit, 59, a Lucknow native who was commissioned as a fighter pilot in 1986, will lead the IAF during its ongoing modernisation at a time when India's combat aircraft strength is below the ideal level

The US has approved an application from an Indian-American-led firm, ST LNG, to build a deepwater liquefied natural gas (LNG) port off the coast of Texas at a cost of USD 8.2 billion. US Transportation Secretary Sean Duffy announced earlier this week that the Maritime Administration (MARAD) fast-tracked the deepwater port licensing process by completing the Final Environmental Impact Statement within 410 days as against five years. India-born Sharad Tak's ST LNG deepwater port will be built appr

The commerce ministry has set up a six-member committee for better utilisation of funds and improved uptake of the RELIEF initiative for exporters. RELIEF (Resilience and Logistics Intervention for Export Facilitation) is an initiative of the government launched under the Rs 25,060-crore Export Promotion Mission (EPM). It is aimed at protecting exporters from soaring freight costs, increased insurance premiums, and maritime trade disruptions in the Gulf and West Asian corridors. In a trade notic

According to a new report, 79 IIT and 20 IIM alumni founded tech startups in January-August 2026, against 307 and 71, respectively, in the whole of 2025

A low-pressure weather system near the Andaman and Nicobar Islands became a well-marked system on Saturday and was likely to intensify into a depression before reaching the Andhra Pradesh coast around November 2 evening, the weather department said. In its morning bulletin on Saturday, the India Meteorological Department (IMD) said the low-pressure area has concentrated into a well-marked low-pressure area. The system is moving in a west-north-westward direction. It is expected to intensify into

The ministry did not immediately respond to a request for comment outside regular business hours on Saturday

The Odisha government launched a search operation for 12 people who went missing after a rain-triggered landslide struck a village bordering Ganjam and Kandhamal districts a day ago, officials said on Saturday. Special Relief Commissioner Rajesh P Patil said altogether, 170 personnel of the National Disaster Response Force, Odisha Disaster Rapid Action Force and Special Operation Group have been engaged in the operation to locate the missing people. A hilltop village was home to 26 people. Thirt

Indraprastha Gas Ltd (IGL) has signed an agreement with the Delhi Division of Northern Railway to supply piped natural gas (PNG) to 22 railway establishments across Delhi-NCR, as the city gas distributor steps up efforts to replace conventional fuels with natural gas under the government's PNG Drive 3.0. The agreement will initially facilitate the supply of around 3,000 standard cubic metres of gas per day (SCMD), replacing consumption of approximately 500 kg of liquefied petroleum gas (LPG) and

To expedite real estate insolvencies, regulator IBBI has notified amendments to regulations providing for project-wise treatment, enhanced disclosures, stronger participation of homebuyers as well as detailed cost-assessment that will help attract more realistic bids. Against the backdrop of issues, challenges and delays being faced in the resolution of stressed real estate projects that are impacting homebuyers, the watchdog has amended the regulations pertaining to insolvency resolution proces

A plea has been filed in the Supreme Court seeking the constitution of a committee or a commission to determine whether the Ram temple at Ayodhya stands on the exact premises and land which was adjudicated by the apex court in its 2019 verdict. In a landmark judgment delivered on November 9, 2019, a five-judge constitution bench of the apex court had paved the way for the construction of the Ram Temple by a trust at the disputed site at Ayodhya. It had directed the Centre to allot an alternative

Retail investors diversifying into global markets should consider the impact of geopolitical events

The Ministry of Panchayati Raj has signed an MoU with CESL to develop charging and battery swapping facilities on Panchayat land, creating recurring revenue opportunities for rural local bodies

Punjab CM Bhagwant Mann to contest Assembly polls from Dhuri again

A German airline crew member and an IBM project manager were among those killed; two others injured while attempting to rescue them are out of danger

Jatin Kumar Nayak has assumed charge as the Chairman & Managing Director of Indian Renewable Energy Development Agency (IREDA), a company statement said. Prior to this appointment, Nayak held the position of Executive Director (Finance) at REC Ltd. Nayak has over three decades of rich and diverse experience, the statement said. He has served as Chief Financial Officer of erstwhile REC Transmission Projects Company Limited, a subsidiary of REC. Earlier in his career, he has worked with NHPC, Hind

Traffic restrictions will be in place across parts of Delhi from 10 am to 5 pm on November 1 in view of an INDIA bloc rally at Ramlila Maidan, police said. Traffic diversions will be enforced at key intersections in central Delhi, including Netaji Subhash Marg T-point, Rajghat, Delhi Gate, ITO A-point, Ajmeri Gate red light, Ranjeet Singh Flyover, Jhandewalan roundabout, Turkman Gate and Mirdard Chowk, depending on the traffic situation, the Delhi Traffic Police said. Commuters are likely to fac

President Droupadi Murmu on Saturday paid tributes on the 151st birth anniversary of 'Iron Man' Sardar Vallabhbhai Patel and said his contribution as a leading warrior of the freedom struggle and a principal architect of modern India is unforgettable. He played a historic role in the unification of the country and the establishment of a strong administrative system, she said in a post on X in Hindi. Born in Nadiad, Gujarat, on this day in 1875, Patel was a pivotal figure in India's struggle for

Minerals in the space rock provide hints about the early history of the red planet, when water was flowing on the surface

Why one-size-fits-all risk profiling fails and how partitioning your portfolio protects your money