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Trends in SGX Nifty suggest a positive opening for Indian benchmark equity indices on Friday. (Reuters)
Trends in SGX Nifty suggest a positive opening for Indian benchmark equity indices on Friday. (Reuters)
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Market LIVE: Sensex hits 45,000 as RBI upgrades growth projections

  • Indian shares edged higher on Friday, as the Reserve Bank of India left interest rates unchanged for a third straight meeting, amid stubbornly high inflation and signs of an economic revival

The RBI has kept policy rates unchanged. (Mint)
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The RBI has kept policy rates unchanged.
Reserve Bank of India governor Shaktikanta Das. Photo: Bloomberg
Recovery is urban demand is gaining momentum: RBI
Corona surge

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We split this long-term money with 20% into PPF and 80% into two higher-risk equity funds—one focused and one small-cap (Mint)
We split this long-term money with 20% into PPF and 80% into two higher-risk equity funds—one focused and one small-cap (Mint)

Four money rules for gen Z to build a coming-of-age investment portfolio

Practise a full self-sufficient adult financial life by building the savings habit now

A view of the Mollem National Park, which spills across 240 sq. km into the Western Ghats ( Photo: Alamy)
A view of the Mollem National Park, which spills across 240 sq. km into the Western Ghats ( Photo: Alamy)

Inside the race to save Mollem

  • Goa has been convulsed by a new age environmental movement. And it’s gaining attention beyond the state
  • An insurgent environmental movement led by young people is gaining attention by opposing these projects, which are set to come up in eco-sensitive areas, through innovate methods

Vodafone Idea lost 4.65 million subscribers in September 2020
Reliance Infratel is a unit of bankrupt Reliance Communications Ltd (RCom). Reliance Jio, owned by Asia’s richest man Mukesh Ambani, had bid for only this subsidiary of RCom.
Reliance Infratel is a unit of bankrupt Reliance Communications Ltd (RCom). Reliance Jio, owned by Asia’s richest man Mukesh Ambani, had bid for only this subsidiary of RCom.

NCLT okays Jio’s proposal for Reliance Infratel

  • The distribution of proceeds under the National Company Law Tribunal (NCLT) resolution plan is still subject to the disposal of an intervention application filed by Doha Bank, one of the lenders to Reliance Infratel

Reserve Bank of India (RBI) governor Shaktikanta Das. (ANI)
A person gets a dose of coronavirus vaccination of BioNTech and Pfizer. (via REUTERS)
Bank Nifty index surged 1.5%
‘Tap and pay’ currently allows customers to transact with contactless card upto  ₹2,000
RBI is 'committed to preserve depositors’ interest in financial system.'
Photo: Hindustan Times
Amid the avalanche of news around Kamala Harris, what has got eclipsed is that by Inauguration Day, her husband Doug Emhoff, the 'second gentleman', will give up his private law practice to support her (Photo: Reuters)
Amid the avalanche of news around Kamala Harris, what has got eclipsed is that by Inauguration Day, her husband Doug Emhoff, the 'second gentleman', will give up his private law practice to support her (Photo: Reuters)

Sharing the load in a working marriage

  • What does it take for the man to pack his bags and move with the woman, whose career demands it, without feeling diminished in any way? Dual-career couples are increasingly having to navigate these waters
  • It is vital both partners have unreserved acceptance when exploring alternate career options for the accompanying spouse

RBI governor Shaktikanta Das recently said the economy was showing stronger than expected pick-up in recovery
RBI governor Shaktikanta Das (MINT_PRINT)
A tourist spot wears a deserted look in view of Cyclone Burevi in Kanyakumari. (PTI)
Photo: Mint
Its bioplastic bottles are impressive but need special disposal systems
Its bioplastic bottles are impressive but need special disposal systems

Bacardi’s crack at a solution to the world’s big plastic problem

Its bioplastic is promising but not the silver bullet our planet needs

HDFC Bank had said the outage was because the lender had underestimated growth in payment volumes and not because of a cyberattack.
Gold rates today: On MCX, prices rose to  ₹49,380 per 10 gram
Union minister Narendra Singh Tomar holds meeting with farmers in New Delhi on Thursday (PTI)
Bhavish Aggarwal, CEO and co-founder of Ola. Bloomberg (MINT_PRINT)
The Franklin Templeton funds had to borrow from banks in the face of mounting redemption demands.  (Photo: Bloomberg)
The Franklin Templeton funds had to borrow from banks in the face of mounting redemption demands. (Photo: Bloomberg)

SC lets Franklin hold vote

  • In October, the Karnataka high court had ruled against Franklin Templeton’s winding up of the schemes without consent of unit holders, but had stayed the order till 5 Dec

At the time of IL&FS collapse, Srei’s equipment finance business was at its peak
NDRF personnel deployed for the rescue operations ahead of the landfall of Cyclone Burevi in Tuticorin on Thursday. (ANI Photo)
Claims in a top-up plan are triggered once the claim amount exceeds the deductible (Mint )
Tennis stars Andre Agassi and Steffi Graf. (MINT_PRINT)
Maharashtra Chief Minister Uddhav Thackeray.
Prime Minister Narendra Modi (ANI)
Franklin Templeton Mutual Fund assures that voting for an orderly winding up does not mean a lengthy wait for return of monies. (Photo: Bloomberg)
PhonePe also said that it processes roughly 1 million offline transactions every month, while its daily online transaction numbers have gone up to 2 million per day.
PhonePe also said that it processes roughly 1 million offline transactions every month, while its daily online transaction numbers have gone up to 2 million per day.

PhonePe to be hived off, valued at $5.5 bn

  • Besides becoming an independent entity, PhonePe will also appoint a fresh board of directors, which will include company co-founders Sameer Nigam and Rahul Chari, as well as stalwarts from the BFSI and financial technology ecosystem

Ranjitsinh Disale, a school teacher in Solapur, Maharashtra who won $1-million Global Teacher Prize. (ANI)
Ranjitsinh Disale, a school teacher in Solapur, Maharashtra who won $1-million Global Teacher Prize. (ANI)

Maharashtra teacher wins $1 million prize for promoting girls' education

  • Ranjitsinh Disale, 32, from Paritewadi village in Maharashtra’s Solapur district, emerged the winner from 10 finalists from across the world for the annual prize
  • Ranjitsinh Disale said he will be sharing 50 per cent of his prize money with his fellow finalists

The Thiruvananthapuram International Airport will remain closed on December 4 from 10 Am to 6 PM , district collector Navjot Khosa said. (Mint)
The Thiruvananthapuram International Airport will remain closed on December 4 from 10 Am to 6 PM , district collector Navjot Khosa said. (Mint)

Cyclone Burevi Kerala updates: Thiruvananthapuram Airport closed for 8 hours

  • 'All passengers are requested to contact airlines concerned for revised timings, Trivandrum airport tweeted
  • IMD, in its latest bulletin, has said Burevi may make its landfall in Kerala on December 4 and has issued red alert

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