INDIA
Ministries at work to thrash out aviation revamp with tax cuts, regulatory relaxations: Report
The civil aviation ministry is focusing on regulatory relaxations and route allocation, while the commerce ministry aims to align the package with India’s trade goals and attract foreign investment.
BUSINESS
Foods to weigh less on CPI as consumption patterns shift, reducing inflation volatility: Report
Food and beverages now carry a weightage of 45.9 percent in the CPI, with urban areas accounting for 36.3 percent and rural areas 54.2 percent
INDIA
Shiv Sena faces growing clamour to quit MVA after drubbing in Maharashtra polls: Report
However, party leaders like Uddhav Thackeray, Aaditya Thackeray, and Rajya Sabha MP Sanjay Raut are reportedly keen on maintaining the MVA to present a united opposition against the BJP.
INDIA
Shiva Temple beneath Ajmer Sharif Dargah, claims petition; notices issued to Centre, ASI
The petition, filed by Hindu Sena chief Vishnu Gupta, claims that the dargah — the mausoleum of Sufi saint Khwaja Moinuddin Chishti – was a temple of Lord Shiva.
BUSINESS
Will Donald Trump’s tariff war reach India? Here’s what you need to know
The US-president elect's opening shorts of the tariff war have spared India but his past comments and actions offer little comfort. What can Trump tariffs mean for India and its economy? Read on
BUSINESS
Insurance Bill allowing 100% FDI, other changes awaits cabinet nod: Report
Once it is cleared at the 'highest levels', the bill will be introduced in Parliament. The bill has been in the works since 2022 when the government sought feedback on proposed changes to the Insurance Act and the IRDAI Act
WORLD
Thousands of lives, billions of dollars, untold misery: The cost of 1,000 days of Russia-Ukraine war
A detailed look at the human and economic cost of Russia's invasion of Ukraine, which has marked its 1,000th day on November 19, 2024.
BUSINESS
ED probe unearths Amazon, Flipkart's direct link with sellers in violation of FDI norms: Report
An ED probe has reportedly found that the e-commerce giants have oversight over their sellers’ operations, including control over warehouses, inventory and even profit margins
INDIA
Gurgaon Pollution Crisis: companies implement work-from-home, government calls for immediate action
Highlighting the health hazards posed by Delhi's deteriorating air quality, the Central Secretariat Service (CSS) Forum has urged the Department of Personnel and Training (DoPT) to adopt urgent measures.
BUSINESS
Govt likely to open insurance sector to 100% FDI, key reforms proposed: Report
Currently, the FDI cap for insurance companies is set at 74%. However, the new bill proposes to lift this ceiling entirely, allowing foreign players to enter the market and operate independently, said the report
INDIA
‘Severe’ air quality to persist in North India for next six days amid cold winds and pollution crisis
The India Meteorological Department (IMD) issued an orange alert for November 18, forecasting dense fog and smog conditions throughout the morning, with temperatures expected to dip gradually over the next five days.
BUSINESS
Centre to wind up windfall tax on crude production, exports as oil prices slide: Report
The tax, imposed on both local crude oil production and exports of petrol, diesel, and jet fuel, is a special additional excise duty that is reviewed every fortnight based on the average prices of oil in the preceding two weeks.
INDIA
Delhi AQI goes past 760 as smog worsens; schools go online, airlines warn of flight delays
Schools have been asked to move classes online except for students of classes 10 and 12. IndiGo and SpiceJet have warned of flight delays with visibility dipping at the airport
INDIA
Parliamentary panel pushes for review of 'equivalence of posts' and 'creamy layer' criteria for OBCs: Report
This controversy stems from the absence of a standardised categorization of posts across government bodies, including public sector undertakings (PSUs), banks, and universities.
BUSINESS
ED probes high net-worth individuals' offshore investments in India-focused funds: Report
While regulations permit Indian residents to invest abroad under the Reserve Bank of India’s (RBI) Liberalised Remittance Scheme (LRS), the scheme restricts investments in instruments issued by Indian entities.
WORLD
PM Modi arrives in Brazil for G20 Summit, set to engage with global leaders on key issues
As a member of the G20 Troika, India will participate alongside Brazil and South Africa in shaping the summit’s agenda.
WORLD
US pollster J. Ann Selzer announces departure from election polling
In an op-ed for the newspaper, Selzer explained that while she would have preferred to leave on a high note with a poll aligning with Election Day results, the final Iowa poll she conducted painted a surprising picture.
INDIA
Why this Rs 120 crore triplex penthouse in Mumbai is out of reach even for the super-rich
A $14 million penthouse in Mumbai’s financial district is being sold through a rigorous screening process, where potential buyers are evaluated on more than just their finances.
POLITICS
Islampur Election 2024: All about the constituency, party-wise candidates, past winners and more
As Islampur approaches the 2024 election, the stakes are higher than ever. The split within the NCP, combined with the entry of new contenders from RSP and BSP, has transformed the constituency into a fiercely contested battleground.
BUSINESS
Swiggy's quick commerce growth outpaces food delivery business
As of June 30, Swiggy Instamart operates approximately 557 dark stores and plans to increase this number to 741, up from a previously projected 538.
WORLD
New York City schools brighten up Diwali for students with a historic decision
In June, New York City officially declared Diwali a public school holiday, allowing students to celebrate this important festival, which is significant for Hindus, Jains, Sikhs, and Buddhists alike.
WORLD
Taliban bans women from 'hearing each other's voices': All about the bizarre new rule
Under the new restrictions, women’s voices are considered potential "instruments of vice" and are thus forbidden from being heard in public. Singing or reading aloud is now prohibited—even from within their own homes.
BUSINESS
RBI brings home 102 tonnes of gold from Bank of England on Dhanteras: Report
The Bank of England, which stores approximately 5,350 tonnes of gold from various central banks worldwide, is noted for the liquidity benefits provided by its proximity to the London bullion market.
BUSINESS
RBI asks Warburg Pincus to reduce stake in Home First Finance before Shriram Housing deal: Report
Both Shriram Housing Finance and Home First Finance are non-bank lenders with a focus on affordable housing. Shares of Home First Finance are publicly traded, while Shriram Housing Finance remains unlisted.
