NTPC looks to buy 1 GW wind projects

• The wind project buyout plans come at time of an ongoing process by India’ largest power generation utility for acquiring at least 1 GW of operational solar power projects

German Chancellor Angela Merkel says covid vaccine could arrive before Christmas

• She also urged Germans to remain patient with restrictions meant to slow the spread of the coronavirus.

Thermax seeking acquisitions to expand as business rebounds

The Indian maker of electricity-generation and pollution-control equipment will consider mergers and acquisitions, technological arrangements and geographic partnerships that are 'small and easy to digest,' Thermax CEO Ashish Bhandari said

Zerodha co-founder’s hedge fund clocks 40% return in first year of launch

• The fund’s active hedging strategy when the markets corrected in February and March helped it notch up this year’s high return. Over the longer term, Kamath is targeting a 15% CAGR

Bucking historic trend, cement prices rise in Q3 as demand recovers

• Dealers say there has been a sharp uptick in non-trade prices especially in the north as improving institutional demand for large infrastructure projects

Gujarat, Rajasthan, MP stare at second covid wave after Diwali

• The three states were among the few to report a rise in the number of active coronavirus cases in the past week

COVID-19 vaccine: PM Modi will visit Serum Institute of India on 28 November

• Dubbed as Covishield, the COVID-19 vaccine is currently in the Phase III clinical trial in India
• India will be given first priority for the delivery of the AstraZeneca-Oxford vaccine, Serum Institute of India earlier said

LTC Scheme: Insurance premium paid between Oct 12-Mar 31 eligible to benefit

On October 12, the government announced the LTC cash voucher scheme under which employees can purchase any goods or services with GST rate of 12% or above to avail the benefit.

Indian economy showing stronger than expected pickup in recovery: RBI chief Das

• Das said there are downside risks to growth across the world and also in India
• The Indian economy has exhibited stronger than expected pick-up in momentum of recovery,” Das said.

India restricts international flights till 31 December: DGCA

• Only selected flights shall be allowed on case to case basis, the Directorate General of Civil Aviation said
• Scheduled international passenger services have been suspended in India since 23 March

India’s mega cities, rural centres are dragging loan growth down for banks

• Rural centres saw credit growth drop sharply to 11.8% in the September quarter compared with 14.8% in the year ago period, disaggregated data from the RBI showed. Even semi-urban areas showed a marked deceleration.

Ratan Tata's soul-stirring post on 12 years of 26/11 Mumbai attack. Read here

• Along with a painting of the Taj Mahal Palace in Mumbai, industrialist Ratan Tata paid tribute to the martyrs and the people who died during the terror attack in the city

Bitcoin, Ether plunge today on profit-taking after recent rally

• Bitcoin slumped as much as 8.7%, the most since early August, while digital coins like Ether also tumbled.
• Analysts said that profit-taking after the recent rally, and speculation about tighter regulations, were among the reasons for the shift lower

US 'B' visa new rule: Visitors from 23 nations have to pay thousands in bonds

• The rule took effect Tuesday for a duration of six months, although it remains to be seen if it will be maintained by President-elect Joe Biden, who takes office on January 20

Traders can take part  in  crypto  run with a few checks

Following the RBI’s order lifting the blanket ban on cryptocurrency payments, a large number of Indian investors have taken up cryptocurrency transactions. As the trend gains traction, Mint explains the key concepts associated with the trade of bitcoins

Airtel CEO calls for affordable spectrum to build digital India

• Vittal said the fundamental issue with 5G is the cost of spectrum, which is way over the top for any kind of business model to work

How Uddhav Thackeray is becoming a man for all seasons

• After a year of vendetta politics, the first-time CM has become the BJP’s nightmare. How will he govern the state?
• The bets are off the table on how long the government will last but Sena, NCP and Congress are glued by the purpose of keeping the BJP out of power. The road ahead is anything but smooth.

Jeff Bezos called upon to save thousands of stranded seafarers

• Industry bodies wrote an open letter urging Bezos to exert pressure on the incoming Biden administration and other leaders to recognize seafarers as key workers
• Some of them have been at sea for more than a year, the letter said, adding that about 90% of global trade relies on shipping

Some warning signs in India’s economic report card

• The pace of recovery in the Indian economy is slowing, high-frequency indicators suggest. Among 16 indicators considered in Mint’s macro tracker, half were in the red in October, latest numbers show

Small firms seek big bailout plan

• More small biz seek respite under RBI’s special loan recast window

Tube Investments to raise ₹350 cr from Azim Premji Trust, SBI MF

• Azim Premji Trust will get 27.33 lakh shares worth ₹200 crore, while SBI Mutual Fund's two schemes - SBI Focused Equity Fund and SBI Magnum Midcap Fund - will get 15.03 lakhs share and 5.46 lakh shares worth ₹110 crore and ₹40 crore respectively

Bengaluru to San Francisco: Air India's longest non-stop flight starts January

The flight, for which the bookings have commenced from Wednesday, will be operated twice-a-week with a Boeing B777-200 LR aircraft.

UAE halts new visas to citizens of 13 countries

• UAE temporarily stopped issuing visas to people from Iran, Syria, Afghanistan, Pakistan, Somalia, Libya, Yemen, Algeria, Kenya, Iraq, Lebanon, Tunisia and Turkey

PSU banking services partially hit by trade union strike

Many lenders including Bank of Maharashtra had informed customers in advance that normal working could be affected. State Bank of India and private sector banks are functional.

Short-term rates crash in India with funds overflowing with cash

• RBI governor Shaktikanta Das has pledged to stay accommodative well into 2021 as he tries to dig the economy out of an unprecedented technical recession

'Delhi schools won't reopen till Covid situation is in control': Satyendar Jain

• Schools in Delhi have been shut since March due to the novel coronavirus pandemic
• The AAP government had earlier said that all city schools would remain closed till further notice

Gold prices today edge higher but down ₹7,500 from August highs, silver gains

• Gold rates today were moderately higher but have fallen sharply this week
• Gold ETFs have also seen weaker inflows, say analysts

As economy struggles, Fed weighs boosting bond purchases

• The Fed since June has been buying $120 billion in bonds each month to keep downward pressure on long-term interest rates as a way of giving the economy a boost as it struggles to emerge from a deep recession

Farmers' protest: Farmers clash with Haryana cops on way to Delhi - 10 updates

• Farmers from Uttar Pradesh, Haryana, Uttarakhand, Rajasthan, Kerala and Punjab have assembled at the Haryana border for their march towards Delhi today and tomorrow
• In view of farmers' 'Delhi Chalo' protest march, Delhi has deployed forces at the borders, curtailed metro services as a precautionary measure

HDFC launches dividend yield fund: Key things to know

The NFO of HDFC Dividend Yield Fund will open for subscription on November 27, and will close on December 11.

Bank strike: Banking operations may be hit by unions' strike today

Ten central trade unions, except Bharatiya Mazdoor Sangh, will observe the nationwide general strike to protest against various policies of the central government.

Salesforce in talks to acquire workplace app Slack: Report

Salesforce's bid comes as Slack struggles to fully capitalize on the switch to remote working during the COVID-19 pandemic in the face of fierce competition from Microsoft Corp's Teams and other workplace apps

India's active covid cases increase for 2nd consecutive day, tally at 92.66 lakh

The total cases in the country now stand at 92,66,706 including 86,79,138 discharges and 4,52,344 active cases