Standard Chartered turns overweight on India; Neutral on global equities and fixed income

WPI inflation, crude oil prices and FII activity to steer stock markets this week

Last week, the 30-share BSE Sensex climbed 564.43 points, or 0.69 per cent, and the 50-share NSE Nifty was up 113.95 points or 0.45 per cent.

Indiana's river otters had nearly vanished; starting in 1995, wildlife officials released 303 into rivers, and decades later, the species was reported across the state

After more than five decades, river otters have made a triumphant comeback in Indianapolis, thanks to the Indiana Department of Natural Resources, which reintroduced 303 otters from Louisiana. This lively resurgence has seen otters thriving across all counties in Indiana, showcasing effective wildlife management. However, with stability comes regulation, as some areas now permit trapping, prompting discussions on the delicate balance between conservation and resource management.

China calls for AI cooperation with the US ahead of Shenzhen Apec summit

Chinese ambassador to the United States Xie Feng has signalled high hopes for major-power cooperation at the Asia-Pacific Economic Cooperation (Apec) summit in Shenzhen this week, promoting a China-led AI alliance for regional prosperity. The prosperity theme was also highlighted in Qiushi, the Communist Party’s flagship publication, which compiled a series of President Xi Jinping’s previous Apec speeches on building an “Asia-Pacific community with a shared future”. Since his first Apec meeting...

Tarn Taran accident: Punjab CM announces Rs 5 lakh each for families of deceased

Five people died and more than 15 others were injured in a bus accident in Tarn Taran. The collision involved two Punjab government-run pilgrimage buses on National Highway-54. Chief Minister Bhagwant Mann announced a compensation of Rs 5 lakh for the families of the deceased. Additionally, Rs one lakh will be given to those injured in the incident.

CAG to celebrate Audit Diwas on November 16

CAG of India will celebrate Audit Diwas on November 16, marking its historical significance since 1860. The event will feature showcases of innovation and technological advancements within the department. Notable announcements include the launch of Large Language Model 2.0 and CAG HR Management System portal 2.0. Additionally, an Executive MBA program for IA&AD officers will be introduced with IIM Mumbai.

Lakhs of devotees throng Lord Murugan temples across TN for 'Soorasamharam'

Lakhs of devotees gathered at various Lord Murugan temples in Tamil Nadu for the Soorasamharam ritual. This ritual is the climax of the six-day Kanda Sashti festival, celebrating Lord Murugan's victory over evil. Devotees participated in special rituals and maintained strict fasting vows during the celebrations. Infrastructure improvements at temples facilitated the significant increase in visitor numbers this year.

PM Modi launches 246 tribal projects worth Rs 3,000 cr in Gadchiroli, hails Naxal-free India

China’s upgraded VT-4B export tank gets fourth-gen Type 100 tech ahead of Zhuhai show

China has upgraded its VT-4 series main battle tank with cutting-edge technologies aimed at the international market, newly surfaced photos show ahead of the country’s premier defence exhibition in Zhuhai. The appearance of the new tank, believed to be designated as VT-4B, indicates significant upgrades over the existing VT-4A in its armour protection, active protection, weapon station and electronic equipment. Some of the improvements show traits of technologies developed for China’s...

Bomb threat to Mumbai's Chhatrapati Shivaji Maharaj Terminus triggers massive security sweep

On Saturday evening, a bomb threat call was received regarding Chhatrapati Shivaji Maharaj Terminus. Security agencies, including Railway Protection Force and Government Railway Police, searched the station thoroughly. The searches involved dog squads, which inspected platforms and surrounding areas for any explosives. Fortunately, no suspicious items or individuals were discovered during the investigation. Security continues to be heightened at the station and across the railway network.

PM Modi's Philippines visit to deepen strategic, defence and economic ties: Indian envoy

India and the Philippines are experiencing a transformation in their bilateral relationship with the establishment of a Strategic Partnership. This initiative is aimed at fostering cooperation in strategic, defense, and economic sectors. Prime Minister Narendra Modi's upcoming visit to the Philippines is expected to further strengthen these ties. During his visit, he will attend significant ASEAN summits in Manila.

FPIs infuse ₹84,290 cr into equities in first half of November

Shift in sentiment largely triggered by a sell-off in global AI-linked stocks.

Janjatiya Gaurav Diwas now a national festival; previous govts abandoned tribals amid Naxal violence, says PM Modi

Prime Minister Narendra Modi inaugurated and laid the foundation for 246 development projects in Gadchiroli, Maharashtra. He virtually addressed the Janjatiya Gaurav Diwas programme and highlighted the significance of the celebration. Modi attributed the elimination of Naxalism-Maoism to a commitment towards tribal communities and their development. He mentioned the government's efforts to address regional disparities with a significant budget for tribal areas.