world war 3 news update

The US economy showed strong growth in Q3, driven by increased household spending and higher federal defense expenditure. Inflation-adjusted GDP grew at an annual rate of 2.8%, with consumer spending rising 3.7%. These figures reflect solid domestic demand as the Federal Reserve eases its stringent monetary policies, just ahead of the upcoming election. from Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/aSjDB29

Goldman Sachs estimates India needs to create 10 million jobs annually to sustain 6.5% GVA growth. Key policy recommendations include incentivizing affordable social housing, diversifying IT hubs to smaller cities, and reallocating fiscal incentives towards labour-intensive manufacturing sectors to boost employment. from Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/nPq9HNf

Coca-Cola plans to reduce the price of its 400 ml PET bottles from Rs 25 to Rs 20, likely starting in Southern markets, by repackaging them as 250 ml with 150 ml free. This move follows Campa Cola's aggressive pricing, with Coca-Cola's distributors needing to clear existing 250 ml stock priced at Rs 20. from Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/aNg4uUO

Hindustan Unilever and other FMCG companies are increasingly focusing on tailoring products to cater to Indian consumer nuances. By leveraging technology and understanding varied local preferences, these firms are introducing region-specific blends and health-focused offerings to meet the evolving demands for premium, differentiated, and sustainable products in India. from Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/r9V5yol

Dhanteras brought cheer for the consumer industry as robust sales were seen in cars, two-wheelers, smartphones, and premium electronic appliances. Despite high gold prices, buyers continued to purchase gold coins and jewellery. Maruti Suzuki and Tata Motors reported record car deliveries, while demand for large-screen TVs and smart appliances remained strong. from Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/R2sHJmw

The Reserve Bank of India has transported another 102 tonnes of gold from the Bank of England to secure locations within the country, bringing the total to 510.5 tonnes held domestically out of 855 tonnes by the end of September. This move is part of efforts to secure holdings amid global geopolitical tensions, with further shipments possible. from Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2xEDUcF

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Reliance's Campa Cola challenges beverage giants PepsiCo and Coca-Cola with its aggressive pricing strategy, offering 200 ml bottles at Rs 10. To counter this, Coca-Cola and PepsiCo are employing tactics such as better retailer margins and potential lower-priced packs, particularly in markets like Kerala and West Bengal. from Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Uvqut4k

Foreign fund trading activities and quarterly earnings from major companies are expected to drive the market. Investors will assess crude oil prices due to West Asian geopolitical tensions and the rupee's performance. Waaree Energies' listing also plays a crucial role, amid US election uncertainty and significant OCT market losses. from Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/rmcL5xD

Facing a significant industry slowdown, car manufacturers like Maruti Suzuki, Honda, Mahindra, and luxury brands such as Audi and BMW are offering deep discounts, sometimes up to Rs 12 lakh, across various models from entry-level to high-end luxury. Analysts predict even deeper discounts post-Diwali to clear excess inventories. from Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2TqpJUc

Finance minister Nirmala Sitharaman emphasizes the need for sovereign ratings to properly reflect the economic realities of emerging markets to lower their capital costs. She calls for credit rating agencies to improve their methodologies and highlights the importance of IMF governance reforms amidst global economic challenges. from Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Cwn2iVY

RBI governor Shaktikanta Das anticipates inflation will moderate after October, despite recent highs. Speaking at an IMF-World Bank event, Das emphasized efforts to align inflation with the 4% target and highlighted economic strength. He also warned of cryptocurrency risks and stressed international consensus on regulation. from Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/YInUR8x

CBDT extended the Income Tax Return deadline for the assessment year 2024-25 for corporates to November 15, 2024, addressing difficulties in electronic audit report submissions. This move aims to provide more time for compliance and reduce pressure. Additionally, a committee reviews the Income Tax Act, 1961, to simplify the law and reduce disputes. from Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/LJtfbOl

On Friday, the Sensex and Nifty fell nearly 1% each due to poor quarterly earnings and substantial foreign fund selling, with the Sensex dropping 663 points to 79,402. BSE’s market capitalization fell by over Rs 7 lakh crore. Foreign portfolio investors recorded a net outflow of nearly Rs 90,000 crore in October, while domestic funds provided some support. from Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/kF4iAVZ

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Nvidia's AI summit in Mumbai saw CEO Jensen Huang praise India's tech capabilities while Reliance chairman Mukesh Ambani announced an AI infrastructure partnership. Indian companies like TCS, Tata Communications, and Infosys launched new AI initiatives, as Huang highlighted India's key role in language model innovation. from Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/DmF6hze

Finance Minister Nirmala Sitharaman emphasized maintaining stringent checks on FDI in the national interest, citing regional sensitivities, despite industry pressure. The focus is on ensuring the source of investment is secure. India aims to reach $100 billion annually in FDI, with reforms spanning central to local governance. from Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/29EdWCQ

The Indian government has decided to remove the export duty on parboiled rice and the Minimum Export Price on non-basmati white rice, allowing Indian farmers to compete more effectively in the international market. These measures come amid a bumper paddy crop and significant buffer stock levels. from Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/UgnWQap

India is set to continue as the world's fastest-growing economy with projected growth at 7% in FY24-25, driven by strong macroeconomic fundamentals and rural consumption recovery. The IMF's Krishna Srinivasan highlighted necessary reforms in job creation, labor codes, trade barriers, infrastructure, and education to maintain competitiveness and tackle challenges like low female labor participation and youth unemployment. from Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/DMEt8uv

Sebi chairperson Madhabi Buch is to appear before the Public Accounts Committee (PAC) of Parliament on Thursday for a performance review. Despite BJP's protest, she will address questions linked to allegations of financial misconduct and conflict of interest amid political tensions. Buch had sought an exemption from the PAC but was denied. from Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/gPOEDSX

ICICI Prudential Life Insurance witnessed a 3% increase in net profit for the September quarter, reaching Rs 252 crore. Total income, net premium earned, and assets under management also saw significant growth. The solvency ratio stood at 188.6%. The firm plans to raise up to Rs 1,400 crore via Non-Convertible Debentures over the next year. from Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/0X7NHxj

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RBI notes a temporary slowdown in India's economy due to heavy rains and 'pitru paksha'. However, it remains optimistic about a recovery driven by festival season consumption and increased private investment. Rural demand is anticipated to rise with an optimistic agricultural outlook, while India's external sector shows resilience despite geopolitical issues. from Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/voRGIZs

The number of individuals reporting taxable income over Rs 1 crore rose significantly from 44,078 in AY2013-14 to nearly 2.3 lakh in AY2023-24, indicating higher incomes and better compliance. Salaried individuals comprised a substantial portion, but higher income levels saw more businessmen and professionals. from Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Gh3BE5s

Prime Minister Narendra Modi inaugurated new airports in Madhya Pradesh, Chhattisgarh, and Uttar Pradesh under the UDAN scheme. These airports aim to boost regional connectivity and economic growth. The scheme, supported by tax and customs incentives, is projected to drive significant demand in Indian aviation, with over 2,200 aircraft needed by 2042. from Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/cMmGXds

Kotak Mahindra Bank's net profit increased by 4.8% YoY to Rs 3,344 crore in Q2FY25 but decreased by 5% QoQ due to a one-time gain in the previous quarter. Gross deposits increased by 15.1% YoY, while gross advances grew by 17.4% YoY. Provisions rose to Rs 660 crore from Rs 366 crore YoY. from Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Ua8FZBs

ICAO has increased compensation limits for international flight issues under the Montreal Convention, effective Dec 28. The new upper limit for death compensation rises from Rs 1.4 crore to Rs 1.7 crore. This affects 140 countries, including India. The revision adjusts for inflation and requires legal provisions by December's end. from Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/o9pXA1t

Arunachal Pradesh's Education Minister Pasang Dorjee Sona suggests merging state-run schools with low enrolment to tackle issues in public education. During his visit to Yingkiong, he emphasized improving infrastructure and human resources. Over 600 schools have been closed or merged, and there is a notable shortage of trained teachers, particularly in Maths and Science. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/q2wd6an

The Cfore School Survey 2024 ranks top schools in 16 categories, highlighting Convent of Jesus & Mary, Carmel Convent School, and St. Thomas Girls Sr. Sec. School among Delhi's best. The evaluation involved academic rigor, infrastructure, and social inclusivity, with data collected from 92 cities. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/HSLPqF1

The Maharashtra Public Service Commission (MPSC) is recruiting for 480 Group B vacancies, including roles for State Tax Inspector, Assistant Section Officer, and Police Sub-Inspector. Interested candidates must apply online by November 4, 2024, via mpsc.gov.in. The selection process involves a preliminary exam, physical tests for Police Sub-Inspector applicants, main exams, interviews, and document verification. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/ehgvNt3

UP NEET UG 2024 round 3 seat allotment results were announced today by the Directorate of Medical Education and Training, Lucknow. Candidates can view their results on upneet.gov.in. To participate in the next steps, they needed to submit a security deposit by October 7 and must confirm admission by reporting to allotted colleges between October 21 and 23. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/8yNI1So

The number of taxpayers in India increased by 82% from 2014-15 to 2023-24, and direct tax receipts surged 182%, largely due to better compliance and the use of technology. Personal income tax collections rose significantly, surpassing corporate tax collections for the second consecutive year. from Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/d9cyMJB

Gold prices in India hit a record high of Rs 76,899 per 10 grams on the MCX due to dovish central banks, lower bond yields, US election uncertainty, and Middle Eastern conflict. US gold futures also surged amid safe-haven demand and geopolitical tensions. from Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/SIBGxWn

Elon Musk thanked the Indian government for confirming satcom spectrum allocation will be done administratively, against bids, aligning with new telecom law. He plans to launch Starlink services in India, despite opposition from local telecom giants Reliance Jio and Airtel who seek auctions. from Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/dAKpkXI

At the India Mobile Congress, Jio's Akash Ambani and Airtel's Sunil Mittal raised concerns about foreign companies gaining easier market access. Ambani emphasized the need for local data storage, while Mittal argued that international satellite players like Starlink should buy spectrum through auctions like domestic firms. This highlights the brewing competition between local telecoms and global giants. from Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/0ILMuSm

Nearly a third of positions at the National Company Law Tribunal remain unfilled, impacting the government's insolvency reform initiative. This shortage has led to operational inefficiencies, delaying insolvency resolutions significantly. The average resolution time has surged to 716 days, far exceeding the 270-day deadline, posing challenges for corporate insolvency processes. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/TmFM1nX

Jio Platforms reported a net profit of Rs 6,539 crore for Q2 FY25, reflecting a 23.4% year-on-year increase. The revenue rose by 18%, largely driven by an ARPU of Rs 195.1 due to tariff hikes and a better subscriber mix. Jio 5G now boasts 148 million subscribers and remains the largest 5G operator outside China. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/SajyDBf

Reliance Jio has urged telecom minister Jyotiraditya Scindia to have regulator Trai revise a consultation paper on spectrum allocation rules, emphasizing fair competition between terrestrial and satellite networks. Jio warns of potential legal battles if level-playing field considerations are not incorporated. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Ly0wEDi

India's GJEPC has adopted new standards for defining a diamond, now requiring it to refer only to natural stones mined from the earth. This move aligns with the USA's FTC guidelines and aims to prevent lab-grown diamonds from being misrepresented. GJEPC is urging updates to the Consumer Protection Act to reflect this definition. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/TcAP0s4

Reliance Jio has requested Telecom Minister Jyotiraditya Scindia's help to revise TRAI's consultation paper on spectrum allocation to ensure fair competition between terrestrial and satellite communication providers. Jio emphasized the need for a fair and transparent auction system, arguing that the current consultation overlooks critical issues of market parity and legal implications. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/0lacU24

The PM Internship Scheme is now open for registration, inviting 1 crore eligible candidates aged 21 to 24 to apply. Applicants must have completed high school and possess relevant educational qualifications. Interns will receive a monthly stipend of Rs 5,000 for 12 months, funded by CSR contributions of participating companies, along with a one-time financial grant of Rs 6,000. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/smSODw9

In a significant move towards bolstering technical education in India a Memorandum of Understanding (MOU) was signed between National Institute of Electronics and Information Technology and Government of Maharashtra through its Maharashtra State Board of Technical Education, Mumbai on Friday. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/tFzWUM2

The Medical Counselling Committee (MCC) has published the NEET UG 2024 round three seat allotment results on its official website. Candidates must report to their assigned institutes between October 14 and 19 to secure their seats. Unplaced candidates will advance to the stray vacancy round. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/8QZScb2

Elon Musk revealed Tesla's Cybercab, a self-driving taxi prototype expected to cost less than $30,000 and enter production by 2026. Despite the excitement, the event lacked technical details, leading to a 9.3% drop in Tesla's shares. Analysts remain skeptical due to Tesla's history of unmet autonomous vehicle promises. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Dvi6rel

India's foreign exchange reserves fell by $3.7 billion to $701.2 billion in the week ended Oct 4, marking the first decline in eight weeks. The drop includes a $3.5 billion decrease in foreign currency and a $40 million reduction in gold value. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/dVuR1yn

Retail investor participation in mutual funds via SIPs hit a record Rs 24,508 crore in Sept 2024, marking the 15th consecutive month of growth. However, equity mutual fund inflows fell 10% from Aug due to weakened interest in thematic and large-cap funds. The industry's assets under management increased to Rs 67 lakh crore. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Bbwi4x1

FMCG companies in India plan to hike prices of household essentials, including cooking oil, soaps, and detergents, due to rising commodity costs like palm oil and copra. This move adds upward pressure on inflation, with RBI closely monitoring the situation amidst geopolitical tensions and unexpected weather events affecting global prices. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Yp9HEJ2

TD Bank, the largest bank to date to admit to US Bank Secrecy Act violations, pleads guilty to money laundering-related charges and agrees to $3 billion in penalties. The Justice Department cites pervasive compliance failures over a decade. An asset cap limits TD's US operations, and CEO Bharat Masrani plans to retire, taking responsibility for the issues. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/hYbXHsc

Sebi has extended the deadline for the implementation of direct securities payouts to clients' demat accounts to November 11, 2024, responding to feedback from brokers' forums. The new rules aim to protect clients' securities and streamline processes by enabling direct credit of securities to investors' accounts, minimizing the brokers' intermediary role in settlements. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/fJdBvKc

Retail inflation in September is expected to rise due to a poor base effect and increasing food prices, especially onions, potatoes, and chana dal. RBI Governor Shaktikanta Das highlighted concerns from weather events, geopolitical conflicts, and volatile oil prices, cautioning careful monitoring to maintain control over inflation. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/vIKpSyt