At a recent CBS News town hall, Vice President JD Vance confronted voter concerns regarding Donald Trump's policies. He engaged with issues such as soaring gasoline prices, the ramifications of the Iran war, and strategies for immigration enforcement. Vance admitted some troop deployment errors, linking high gas costs to recent conflicts while stressing the importance of accountability in addressing ongoing immigration challenges.
Chinese Premier Li Qiang has called for deeper cooperation with Uzbekistan in areas such as minerals and artificial intelligence as the Beijing vies with Washington for influence in Central Asia. Li told President Shavkat Mirziyoyev on Saturday that Beijing was ready to strengthen strategic communication and expand mutually beneficial cooperation with Uzbekistan. He urged the two countries to step up cooperation in energy, minerals, finance and connectivity, and deepen collaboration in fields...
India’s primary market is set for a busy week, led by Reliance Jio Platforms’ Rs 30,213 crore IPO and Paras Healthcare’s Rs 1,450 crore issue. Both IPOs open on October 21. Nine companies are also scheduled to list, including six on the mainboard and three on SME platforms.
Prime Minister Narendra Modi expressed his condolences after a tragic accident occurred in Gwalior, resulting in the loss of thirteen lives. Nearly forty others were injured when a truck crashed into devotees waiting near a temple early on Sunday. He announced ex gratia relief payments of Rs 2 lakh for the deceased's families and Rs 50,000 for each injured individual.
BJP spokesperson Pradeep Bhandari criticized supporters of violent protests, asserting their goals are often related to regime change. He emphasized that such actions are forceful and undemocratic, urging believers in democracy to resist anarchists. Bhandari's comments followed remarks from various public figures discussing regime change amid ongoing protests. The protests were sparked by allegations concerning electoral roll irregularities.
US Secretary of State Marco Rubio will visit India next week to strengthen bilateral relations and discuss trade issues. His meetings will take place in Mumbai and Jamnagar, focusing on investment and energy. The two countries have faced considerable delays in finalizing a trade agreement due to several ongoing challenges.
Sensex and Nifty extended gains for a second straight session on Friday, led by IT stocks, which rose for a fourth consecutive session, along with buying in auto, metal and PSU banking stocks. Nifty’s recovery could continue as long as it holds above the crucial 22,750–22,800 support zone.
ICICI Bank reported a 20% rise in second-quarter net profit, helped by an 18% increase in core net interest income. However, core profitability edged lower as FCNR(B) deposits weighed on margins. NIM fell to 4.18%, while treasury operations swung to a loss amid higher government bond yields.
Orionids meteor shower peaks in mid-October and is known for bright meteors visible in the night sky. The meteors originate from comet 1P/Halley, which sheds debris when it approaches the Sun. Observers are advised to find dark locations away from city lights to view the meteors effectively. The radiant for this shower is located just north of Betelgeuse in the constellation Orion.
HDFC Bank reported a 4.7% rise in standalone net profit for the second quarter, while margin pressure weighed on core profitability. Net interest income rose 9.7% as loans and deposits grew. The lender is also set to welcome a new chief executive this month, ending prolonged succession uncertainty.
