Just before the announcement of Maharashtra Assembly election dates, the state government declared a Rs 29,000 Diwali bonus for BMC employees and Rs 3,000 bonus for women under the Ladki Bahin Yojana. This decision follows BMC union appeals for higher bonuses. Diwali 2023 will be celebrated from November 10 to 15.
Real Madrid and France soccer star Kylian Mbappe is under investigation for rape and sexual harassment following a two-day visit to Stockholm. Swedish media named Mbappe as the suspect in the incident, which allegedly occurred on October 10 at a hotel. Mbappe's entourage has vehemently denied the accusations, labeling them as fabricated and slanderous.
India's benchmark indices, Sensex and Nifty50, closed lower on Tuesday due to declines in major sectors, including Reliance and IT, amid concerns over higher-than-expected September inflation dampening rate cut hopes.
Cashfree can offer settlement of around 12,000 transactions per second with this certification. Cashfree has built this switch in partnership with NSDL Payments Bank as the sponsor bank.
India and Canada expelled six diplomats each over allegations of Indian government involvement in a Sikh separatist leader's murder. The Royal Canadian Mounted Police linked Indian agents to the criminal Bishnoi group. Lawrence Bishnoi, who is in jail, faces multiple serious charges, including the killing of Punjabi rapper Sidhu Moose Wala.
India is set to offer nearly $2 billion in incentives to replace diesel-powered inland vessels with cleaner alternatives. The plan aims to cut emissions by one million tons annually, targeting half the fleet to be eco-friendly by 2030, with a full transition by 2045.
Baijayant Jay Panda has been appointed by the BJP as the in-charge for the upcoming Delhi Assembly polls, with Atul Garg serving as co-incharge. This strategic move aims to leverage Panda's experience to challenge the Aam Aadmi Party and its leader, Arvind Kejriwal.
The 30-share BSE Sensex closed down 152.93 points at 81820.12
The stock declined 8.48% to close at Rs 4,184.45 apiece on the BSE, its biggest single-day fall in three years. On Tuesday, DMart shares opened marginally higher at Rs 4,239.95 but closed a shade lower at Rs 4,192.20.
Chief Election Commissioner Rajiv Kumar dismissed claims of EVM tampering in Haryana, affirming their security and asserting they cannot be hacked as they are not connected like pagers. This comes amid Congress's refusal to accept Haryana's verdict and doubts about the EVM counting process.
The Nifty Pharma index closed 0.52 per cent down at 23555.7.
India's export of oil meals dropped by 35% in September to 213,744 tonnes, with an overall 9% decline during April-September FY24. Soybean meal exports rose due to higher imports by UAE, Iran, and France, while rapeseed and castor seed meal exports decreased.
Uttar Pradesh Chief Minister Yogi Adityanath termed the death of a 22-year-old man in Bahraich communal violence as 'unfortunate' and assured that the culprits will not be spared. The Chief Minister met the victim's family in Lucknow, emphasizing the government's commitment to justice.
Gautam Solar on Tuesday said it plans to raise Rs 1,000 crore through Initial Public Offerings (IPO) in next 12 to 18 months in order to fund its 2 GW solar cell manufacturing project.
The Election Commission of India announces bye-elections for 48 assembly seats and 2 Lok Sabha seats, including the Wayanad seat on November 13. Congress nominates Priyanka Gandhi Vadra to contest in Wayanad, following Rahul Gandhi's decision to retain Rae Bareli, marking a significant political move.
LIC Mutual Fund has reduced daily SIP amount to Rs 100 and introduced daily SIP plan in LIC MF Liquid Fund. Monthly minimum SIP investment limit reduced to Rs 200 and quarterly minimum SIP investment limit reduced to Rs 1,000 for select schemes.
Shapoorji Pallonji Real Estate partners with Kanodia Group to develop a luxury residential project in Gurugram's Sector 46, anticipating Rs 1,200 crore revenue. The project, covering 1.74 acres and close to key amenities, aims to launch by year-end and complete in 48-60 months.
Canadian Foreign Minister Melanie Joly indicated possible sanctions against India following accusations of India's involvement in the killing of pro-Khalistani leader Hardeep Singh Nijjar. While emphasizing diplomatic efforts, she urged India to cooperate in the investigation, although India has denied the allegations and expelled multiple Canadian diplomats, escalating tensions.
RBI deputy governor Michael Debabrata Patra projected retail inflation to average 4.5% in 2024-25, aligning with the target by 2025-26. He highlighted the unique challenges due to food and fuel price shocks, emphasizing monetary-fiscal coordination for financial stability and growth.
Maharashtra and Jharkhand assembly elections will be held in November. Maharashtra voters will vote in a single-phase election, while Jharkhand will have two phases. The elections will set the stage for a major political showdown between rival coalitions. Counting will take place on November 23, determining the political future of both states.
The Calcutta High Court has set aside prohibitory orders placed on roads near the Durga Puja Carnival venue on Red Road. These orders were challenged by junior doctors protesting over the RG Kar incident. The state government has been organizing the Durga Puja Carnival since 2016 to showcase award-winning idols.
The NSE Nifty index closed 70.61 points down at 25057.35
