Future, RIL to fight arbitration verdict

Mukesh Ambani explores countersuit against Amazon in India

Pompeo, Esper land, all eyes on key defence pact

• The agreement is expected to give India access to crucial information that will have implications in any potential military conflict, said analysts

Covid-19 vaccine: Zydus Cadila plans to boost capacity by 70%

• Cadila, which also produces coronavirus treatments such as remdesivir, is among a number of Indian companies holding vaccine trials
• Obtaining and delivering a safe vaccine is a major priority for Prime Minister Narendra Modi

MFs ask Sebi to relax cap on foreign investments

• The overseas investment limit for an asset management firm is currently $300 million

How e-groceries have finally come of age

Strong demand online for food and grocery during Diwali affirms the post-pandemic growth of this category

Seaplane from Maldives arrives in Ahmedabad; PM Modi to take inaugural flight

Prime Minister Narendra Modi will take the official inaugural flight on October 31.

Not equities or FDs, e-gold is all that glitters now

There are many ways to invest in e-gold, such as government-backed SGBs issued by RBI, gold ETFs, and gold funds that invest in ETFs

Asymptomatic Covid-19 sufferers lose antibodies sooner: Study

• The findings by Imperial College London and market research firm Ipsos Mori also suggest the loss of antibodies was slower in 18-24 year-olds compared to those aged 75 and over
• The research indicates people's immune response to Covid-19 reduces over time following infection

OnePlus launches its cheapest phone till date and new mid-range device

• Unlike most launches by the company, the OnePlus N100 features entry-level chipset
• The N100 comes with a triple camera setup with the primary lens housing a 13MP lens

US stock sell-off accelerates amid virus woes, Dow loses 800 pts

• Stocks of companies that need the virus to abate and the economy to return to normal were logging some of the sharpest losses
• Hopes are fading, meanwhile, that Washington will be able to deliver more support for the economy anytime soon

Aditya Puri retires as MD of HDFC Bank, Sashidhar Jagdishan takes over

In his farewell speech, Puri reminisced about the journey of building the bank which focused on the centrality of the employees, while Jagdishan affirmed to carry his legacy forward and thanked his boss

Amazon-Future tussle could hurt the fortunes of minority investors

In the worst-case scenario, Future Group’s value will decline; stocks of group firms can see downward pressure

Covid-19: Maharashtra sees lowest single-day spike in new cases in 4 months

• With 3,645 new Covid-19 cases on Monday, the total coronavirus tally in the state now stands at 16,48,665
• On June 17, Maharashtra had reported 3,307 Covid-19 positive patients in the 24-hour period, as per data

US to get 9th justice with Dems powerless to block Barrett

• It’s also one of the first high court nominees in recent memory receiving no support from the minority party, a pivot from not long ago when a president’s picks often won wide support
• By pushing for Barrett’s ascension so close to the election, Trump and his allies are counting on a campaign boost

Lenders ask DHFL's bidders to sweeten their bids by 31 Oct

• DHFL had received bids from Adani Group, Piramal Enterprises, US-based Oaktree and HK-based SC Lowy to either pick stake in the company or buy out assets
• DHFL has been seeing an improved recovery in its business after it recovered nearly ₹1,100 crore in Sept via repayments and balance transfers

The worsening gender skew of our workforce

A long downtrend observed in the proportion of job-holders among Indian women should worry us. But simply raising the minimum age of female marriage won’t solve the problem

Australia vs India series: KL Rahul in Test squad, Rohit Sharma under watch

• India and Australia will play three ODIs, three T20Is, and four Tests against each other
• The Test series will be a part of the World Test Championship

JSW Steel’s Q2 recovery good but stock’s valuations pricey

Its steel volumes grew well at 14% y-o-y and good realizations in the quarter helped buoy the top line substantially

Covid vaccine hopes rise, Oxford shot prompts immune response in old, young

• The Oxford/AstraZeneca vaccine is expected to be one of the first from big pharma to secure regulatory approval, along with Pfizer and BioNTech's candidate
• If it works, a vaccine would allow the world to return to some measure of normality after the tumult of the pandemic

Our energy sector will be growth-centric and environment conscious: PM Modi

In his address, PM Modi says, 'India to grow oil refining capacity to 450 million tonnes by 2025 from current 250 million tonnes'

NTPC board to consider share buyback on 2 Nov

On Monday, NTPC's scrip on BSE closed 0.5% lower at ₹85.80

Keep these things in mind when facing an unruly recovery agent

• The Banking Codes and Standards Bureau of India (BCSBI), an autonomous body of banks, has laid down fair practices code.

Air pollution may hinder India’s fight against Covid-19, say scientists

A study by researchers at Harvard University in the US in September showed that an increase of only one microgram per cubic metre in PM 2.5 is associated with an 8% increase in the Covid death rate

Ant Group could raise nearly $35 bn in record share offering

The company will raise about $34.5 billion from the share offering, which is expected to surpass oil company Saudi Aramco’s $29 billion share sale last year making Ant Group’s offering the biggest in the world

Sensex plunges over 500 points, Nifty goes below 11,800. Key levels to watch now

• Reliance Industries, auto and metal stocks led the markets lower

SBI Life Q2 net profit jumps over two-fold to ₹300 cr

• Total income rose 45% to ₹18,458 crore during July-September period
• Net premium income increased 22% to ₹12,858 cr

Apple planning to develop smaller AirPods Pro, revamp entry-level models as well

• The design of the updated AirPods will be similar to the current AirPods Pro, gaining a shorter stem and replaceable ear tips, suggest a report
• For the new AirPods Pro, Apple is aiming to make the earbuds more compact by eliminating the short stem that currently sticks out from the bottom

A deal with IndusInd Bank will test two cherished values of Uday Kotak

• Kotak Mahindra Bank has one of the lowest bad loan ratios in the banking industry. Be it the financial crisis of 2008 or even the asset quality clean-up driven by the regulator four years ago, the private sector lender has managed to keep its asset quality pristine.

India's 1st Covid-19 vaccine: Final-stage trials of Covaxin begin in Bhubaneswar

• Bhubaneswar's IMS and SUM Hospital is among the 21 medical institutes selected across the country by ICMR where the Covaxin's third phase trial would be conducted
• The trial will cover around 28,500 subjects, aged 18 years and above, and will be conducted in 21 sites across ten states

Kotak Mahindra Bank shrinks loan book to stave off pandemic risk

The private sector lender’s loan book shrank by a deeper 4% year-on-year (y-o-y) in the September quarter compared to the 1.9% decline in the previous quarter

Travel firms witness spike in bookings in festival season

• Fun outdoor activities such as nature camps, national parks and hiking trails are popular among Indians travelling with friends and families

Google Pay app temporarily taken down from Apple App Store

• The app will continue to be available on the Google Play Store for Android users
• iOS users might face some failures while making transactions on the Google Pay app

Literally threw my family out: Ananya Birla slams US restaurant for being racist

• 'This is not okay,' the singer and artist took to Twitter to share her ordeal
• The Scopa Italian Roots restaurant is an Italian-American dining place by chef Antonia Lofaso in California

Festive demand gives economy further push, but outlook uncertain

• Seven of the 16 high-frequency indicators considered in Mint’s macro tracker are now in the green, marking its best performance since March

Suture zone in Ladakh is tectonically active, could alter earthquake study

In terms of earthquake study, prediction, understanding the seismic structure of the mountain chains well as its evolution, this could have major implications

Gold prices today fall, down over ₹5000 from record highs, silver rates plunge

• The trend in US dollar has been a major price determining factor for gold in recent weeks
• But analysts say that gold will be supported by safe haven buying amid increasing challenges to global economy

An 'inspiration' to banking sector: ICICI thanks HDFC Bank's outgoing CEO

• Puri, who has led HDFC Bank since inception over 25 years ago, is retiring on Monday
• 'Throughout your illustrious career spanning decades, you have been an inspiration to many,' tweets ICICI Bank

Who can fly abroad and which countries from India? New travel rules here

• India has so far established air bubbles arrangements with 18 countries
• The categories of visas using which people can now enter India include business, conferences, employment, studies, research, and medical purposes