HDFC Bank, Officers Attending Customers
Polling officers receive EVMs and other polling materials as they leave for their polling stations on the eve of the Bihar Assembly elections at Paliganj, in Patna district on Tuesday (ANI)
Polling officers receive EVMs and other polling materials as they leave for their polling stations on the eve of the Bihar Assembly elections at Paliganj, in Patna district on Tuesday (ANI)

Bihar goes to polls for first phase on Wednesday amid keen electoral battle

  • The elections will be the first in the situation created by COVID-19 that has posed new challenges for the participants in the electoral process
  • Elections to 243-seat Bihar assembly are being held in three phases

Defence Minister Rajnath Singh and US Secretary of State Mike Pompeo during a press statement, at Hyderabad House in New Delhi, Tuesday (PTI)

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Tata Motors logos are seen at their flagship showroom in Mumbai February 14, 2013.  REUTERS/Vivek Prakash/File Photo (REUTERS)
The iPhone 12 and iPhone 12 Pro, which are currently available for pre-booking, start from  ₹79,900 (for 64GB model) and  ₹1,19,900 (for 128GB model), respectively (Apple)
The iPhone 12 and iPhone 12 Pro, which are currently available for pre-booking, start from 79,900 (for 64GB model) and 1,19,900 (for 128GB model), respectively (Apple)

Apple trade-in options: Check if your phone can be exchanged for new iPhone

  • Apple Online Store in India is providing a trade-in value up to 63,000 that can be used to lower the price of a new iPhone
  • Customers will then have to pay the remaining value either in full or EMI to complete their purchase

While Airtel shares haven’t really budged since it reported impressive results for its Africa business, investors now need to grapple with the fact that the company has delivered strong results across various divisions (Photo: Mint)
RBI said in its report tiled, State Finances A Study of Budgets of 2020-21 that the next few years challenging for states. (MINT_PRINT)
RBI said in its report tiled, State Finances A Study of Budgets of 2020-21 that the next few years challenging for states. (MINT_PRINT)

Next few years challenging for states, says RBI

  • States’ outstanding debt, largely dominated by market borrowings, is expected to reach 75% of GDP at end-March 2021
  • The central bank also emphasised on the importance of investing in health care systems and social safety nets

Finance Minister Nirmala Sitharaman speaking at the 4th Annual India Energy Forum (Photo: @nsitharamanoffc on Twitter)
Finance Minister Nirmala Sitharaman speaking at the 4th Annual India Energy Forum (Photo: @nsitharamanoffc on Twitter)

Sustainable economic recovery may narrow down GDP contraction in FY21, says FM

  • If India’s ongoing economic revival remains sustainable in Q3 and Q4, India will be one of the fastest growing economies in the world in FY22, says Nirmala Sitharaman
  • She said the govt is assigning top priority to infrastructure buildup for sustainable economic recovery

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Pharmacy experts have said that given the shortage of doctors, nurses and trained personnel, the government is intending to prepare a second line of ‘vaccination warriors’ to strengthen the existing manpower.
Pharmacy experts have said that given the shortage of doctors, nurses and trained personnel, the government is intending to prepare a second line of ‘vaccination warriors’ to strengthen the existing manpower.

Government mulling to rope in pharmacists to administer covid-19 vaccine

  • India may get enough doses to be administered for which the country would need additional manpower
  • Public health experts have said that roping in pharmacists to administer a vaccine can help improve its coverage

Harley-Davidson announced on 24 September that it would downsize the global dealer network and discontinue sales and manufacturing operations in India (Photo: Ramesh Pathania/Mint)
Harley-Davidson announced on 24 September that it would downsize the global dealer network and discontinue sales and manufacturing operations in India (Photo: Ramesh Pathania/Mint)

Hero MotoCorp to sell, develop Harley-Davidson motorcycles in India

  • Over the last two years, the American company has been scouting for local partners in India and China to bring down the cost of operations and develop cheaper motorcycles to cater to the local market

A health worker takes samples from a homeless man for COVID-19 test as others wait for their turn, in New Delhi (PTI)
(Photo: Reuters)
Pfizer raised and narrowed its profit forecasts slightly for all of 2020 (REUTERS)
Pfizer raised and narrowed its profit forecasts slightly for all of 2020 (REUTERS)

Pfizer tops Q3 earnings views, makes progress on COVID shot

  • Disruptions from the coronavirus pandemic reduced medicine sales in the US and China by about $500 million
  • The biggest US drugmaker by revenue is in the process of spinning off its established products business

Facebook's public policy director, Ankhi Das has stepped down from her position. (REUTERS)
Facebook's public policy director, Ankhi Das has stepped down from her position. (REUTERS)

Facebook’s India policy chief Ankhi Das steps down after BJP bias controversy

  • 'Ankhi has decided to step down from her role in Facebook to pursue her interest in public service,' said Facebook's India Managing Director Ajit Mohan
  • Das had recently been questioned by a joint parliamentary committee looking at the Personal Data Protection Bill

A nurse prepares Russia's Sputnik-V vaccine (Reuters)
Ankhi Das was considered among India's most influential corporate lobbying executives and had been central to Facebook's rise in India since joining the company in 2011
File Photo: Pradeep Gaur/Mint
Referring to the Nikkei Manufacturing PMI, Sitharaman said economic activity had picked up in the country (ANI)
Tata Motors said it was committed to achieving near-zero net automotive debt in the coming years (Photo: Bloomberg)
Tata Motors said it was committed to achieving near-zero net automotive debt in the coming years (Photo: Bloomberg)

Tata Motors Q2 consolidated net loss widens to 307 cr

  • Consolidated revenue from operations fell 18% to 53,530 cr
  • 'Despite concerns around the risk of a second wave of Covid infections, we expect a gradual recovery of demand and supply in the coming months,' the company said

Foreign investors have pumped $2.3 billion into Indian stocks helping the benchmark S&P BSE Sensex Index rank among the top performers in the world (PTI)
Foreign investors have pumped $2.3 billion into Indian stocks helping the benchmark S&P BSE Sensex Index rank among the top performers in the world (PTI)

UBS Wealth, State Street see Indian stocks as US election hedge

  • Easing coronavirus infection rates and economic reopening are further strengthening the case for a market that’s trading near record valuations
  • High frequency economic indicators in India are showing signs of demand-side recovery

Since the issuance of the first order on lockdown measures by the govt on 24 March, almost all activities have been gradually opened up in areas outside the containment zones.
Since the issuance of the first order on lockdown measures by the govt on 24 March, almost all activities have been gradually opened up in areas outside the containment zones.

Unlock guidelines issued in Sept to remain in effect till 30 Nov: Govt

  • The MHA issued a notification today extending the norms it had put in place on 30 September
  • The guidelines issued last month had allowed reopening of cinema halls, swimming pools for sports training and gatherings with restrictions

US Secretaries of State and Defense, Michael R. Pompeo and Mark T. Esper at the National War Memorial, in New Delhi on Tuesday. (ANI)
US Secretaries of State and Defense, Michael R. Pompeo and Mark T. Esper at the National War Memorial, in New Delhi on Tuesday. (ANI)

US stands with India, says Pompeo; mentions killing of Army soldiers in Galwan

  • The visit comes at a time when India and China are locked in a serious military conflict along the LAC in Eastern Ladakh
  • The timing of the secretaries' visit also holds significance as America is going into the presidential election next week on 3 November

BSE Sensex ended 376 points higher at 40,522.
Pfizer reported lower third-quarter profits on 27 October as Covid dented demand for some medicines from patients whose regular health care patterns were disrupted. (AFP)
Pfizer reported lower third-quarter profits on 27 October as Covid dented demand for some medicines from patients whose regular health care patterns were disrupted. (AFP)

Pfizer not ready to release coronavirus vaccine data on late-stage trial

Pfizer hopes to be the first US drugmaker to unveil successful data from a late-stage Covid vaccine trial, ahead of rival Moderna Inc. Pfizer and BioNTech launched their 44,000 volunteer phase 3 study of their vaccine candidate in late July

Photo: Mint
Photo: Mint

MSCI tweak lifts Sensex by 377 pts, Nifty ends near 11,900; Kotak Bank gains 12%

  • Indian shares reversed course to end higher on Tuesday on hopes of higher inflows after MSCI said it will make changes to its global indexes following revisions in the country's foreign ownership limits

Adar Poonawalla, Serum Institute of India chief executive officer
Munger: RJD leader Tejashwi Prasad Yadav addresses a gathering during an election rally for the upcoming Bihar assembly elections, in Munger district, Saturday, Oct, 24, 2020. (PTI Photo)(PTI24-10-2020_000215B) (PTI)
Munger: RJD leader Tejashwi Prasad Yadav addresses a gathering during an election rally for the upcoming Bihar assembly elections, in Munger district, Saturday, Oct, 24, 2020. (PTI Photo)(PTI24-10-2020_000215B) (PTI)

Tejashwi Yadav's aggressive challenge opens up Bihar's poll fight

  • Various opinion polls have suggested that the NDA will get a majority and the opposition alliance may fall short of the three-digit mark
  • Political circles in Patna are abuzz with various theories about a hint of anger and asperity in the speeches of Kumar

Defence Minister Rajnath Singh, Foreign Minister S. Jaishankar, U.S. Secretary of State Mike Pompeo and Secretary of Defence Mark Esper during a press statement in Hyderabad House, New Delhi (PTI)
Oxford covid vaccine is one of 10 around the world in the most advanced phase III of trials
Oxford covid vaccine is one of 10 around the world in the most advanced phase III of trials

South Korea begins review of Oxford covid vaccine

  • The Oxford covid vaccine is undergoing final phase trial in many countries
  • The Oxford covid vaccine produced a strong immune response in older adults in an earlier trial, the AstraZeneca said

Microsoft and Netflix partner to provide an interesting take on coding, data science.
SpiceJet said passengers can submit their samples at their location of choice (MINT_PRINT)
SpiceJet said passengers can submit their samples at their location of choice (MINT_PRINT)

SpiceJet starts facilitating COVID-19 tests for passengers in India, UAE

  • The appointment booking service for testing is being offered by VFS Global
  • COVID-19 test fees in India will be in accordance with the regulated prices set by local government bodies and the same rates will apply for children and adults

Scheme E or equity scheme of NPS mainly invests in large cap stocks. Photo: iStock
Yields on VRL's US dollar bonds have climbed and bond prices remain low (MINT_PRINT)
FILE PHOTO: Lisa Su, president and CEO of AMD (REUTERS)
FILE PHOTO: Lisa Su, president and CEO of AMD (REUTERS)

AMD to buy Xilinx for $35 billion in data center push

  • AMD has long been Intel's chief rival for central processor units (CPUs) in the personal computer business
  • Since Chief Executive Lisa Su took over AMD in 2014, she has focused on challenging Intel in the fast-growing business of data centers

China's Ant Group, will try to raise nearly $35 billion in a massive public offering of stock that would shatter records (AP)
China's Ant Group, will try to raise nearly $35 billion in a massive public offering of stock that would shatter records (AP)

Banks working on Ant Group’s Hong Kong IPO could get $396 million windfall

  • Ant is set to raise as much as $19.8 billion in Hong Kong if it fully exercises an over-allotment option
  • Part of the $396 million will come from investors, who pay a 1% brokerage fee when buying shares

Digital gold is a good alternative to physical gold as one can take delivery in cash or gold (Bloomberg )
New Delhi: Civil Defence volunteers hold a placard as part of a campaign 'Red Light On, Gaadi Off', launched by Delhi Government to tackle air pollution, in New Delhi, Monday, Oct. 26, 2020. (PTI Photo/Kamal Kishore)(PTI26-10-2020_000044B) (PTI)
New Delhi: Civil Defence volunteers hold a placard as part of a campaign 'Red Light On, Gaadi Off', launched by Delhi Government to tackle air pollution, in New Delhi, Monday, Oct. 26, 2020. (PTI Photo/Kamal Kishore)(PTI26-10-2020_000044B) (PTI)

Why covid lockdown was only a temporary respite from air pollution

  • Lesser economic activity and vehicular traffic due to the pandemic don’t seem to have made cities in northern India more breathable this winter

Signs of a close election tend to lead to more volatility in the run-up to Election Day: Analysts
Signs of a close election tend to lead to more volatility in the run-up to Election Day: Analysts

Global markets brace for rocky week ahead of contentious US election

  • Now market watchers worry that an unexpected victory by President Donald Trump, a Republican, or an uncertain election outcome could force drastic unwinding of positions similar to what occurred in 2016, when investors were overwhelmingly positioned for a Hillary Clinton presidency.

Union Commerce Minister Piyush Goyal speaking at the Shanghai Cooperation Organisation Startup Forum
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