Cormoros' Finance Minister Said Ali Chayhane, India's Finance Minister Nirmala Sitharaman, Germany's Finance Minister Olaf Scholz and Japan's Finance Minister Taro Aso prepare for a group photo during the IMF and World Bank's 2019 Annual Meetings of finance ministers and bank governors, in Washington DC (Photo: Reuters)
Cormoros' Finance Minister Said Ali Chayhane, India's Finance Minister Nirmala Sitharaman, Germany's Finance Minister Olaf Scholz and Japan's Finance Minister Taro Aso prepare for a group photo during the IMF and World Bank's 2019 Annual Meetings of finance ministers and bank governors, in Washington DC (Photo: Reuters)

Will design blueprint to woo international companies looking beyond China: FM

  • Sitharaman said MNCs who are contemplating getting their businesses out of China are 'definitely considering India as an option'
  • The FM spoke about her plans in Washington DC after completing her engagements at the IMF-World Bank annual meeting

The traders' body said it will also seek an appointment with the prime minister to apprise him of the
The traders' body said it will also seek an appointment with the prime minister to apprise him of the "unholy nexus" and seek remedial measures

CAIT wants govt to probe 'unholy nexus' of e-commerce firms, banks

  • Praveen Khandelwal, Secretary General CAIT also urged PM Modi to constitute a Group of Ministers (GoM) to look into the alleged distortions
  • Union Minister Piyush Goyal had earlier this week said that the government was looking into alleged predatory pricing by Walmart-owned Flipkart and Amazon

Many fear that they might lose their lifetime earnings deposited in savings accounts, or in the form of fixed deposits. (ANI )
Many fear that they might lose their lifetime earnings deposited in savings accounts, or in the form of fixed deposits. (ANI )

Money stuck for nearly a month, PMC Bank depositors stare at uncertain future

  • After protests from account holders, the RBI raised the amount to 10,000 and then to 40,000 earlier this month
  • Many fear that they might lose their lifetime earnings deposited in savings accounts, or in the form of fixed deposits

BPCL, in present times, will be an attractive buy for companies ranging from Saudi Aramco of Saudi Arabia to French energy giant Total SA. (Reuters )
BPCL, in present times, will be an attractive buy for companies ranging from Saudi Aramco of Saudi Arabia to French energy giant Total SA. (Reuters )

Strategic disinvestment of both HPCL, BPCL this year?

  • BPCL operates four refineries at Mumbai, Kochi in Kerala, Bina in Madhya Pradesh and Numaligarh in Assam
  • In of its most expensive buys, ONGC last year paid 36,915 crore to purchase the government's entire 51.11% stake in HPCL

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Karad: Polling officials carry the Electronic Voting Machines (EVMs) and other material to their assigned polling stations, on the eve of Maharashtra Assembly polls, in Karad, Maharashtra. (PTI)
Karad: Polling officials carry the Electronic Voting Machines (EVMs) and other material to their assigned polling stations, on the eve of Maharashtra Assembly polls, in Karad, Maharashtra. (PTI)

Voting in Maharashtra, Haryana assembly elections on Monday

  • Bypolls will also be held to 51 assembly seats and two Lok Sabha constituencies spread across 18 states
  • The ruling BJP is locked in a contest with the opposition Congress and the fledgling JJP for the 90 assembly seats in Haryana

The statement gains significance as Banerjee, one of the three Nobel Prize winners in economics this year (AP)
British Prime Minister Boris Johnson (Photo: Reuters)
British Prime Minister Boris Johnson (Photo: Reuters)

Brexit turmoil: Boris Johnson sends unsigned extension letter to EU

  • PM Johnson was bound by law to issue a letter seeking a delay to Brexit after MPs voted in a historic Super Saturday Parliament session to delay voting on his motion on a new Brexit deal
  • Johnson has previously said he would rather be 'dead in a ditch' than miss the 31 Oct deadline

Besides, bill of entry-wise import details and bill of entry-wise purchases from SEZs (special economic zones) would be required, say experts (Photo: Mint)
Besides, bill of entry-wise import details and bill of entry-wise purchases from SEZs (special economic zones) would be required, say experts (Photo: Mint)

New GST return forms may force firms to change ERP systems

  • Tax experts say the new return systems would require a lot of details such as purchases from unregistered dealers
  • Instead of the GST returns being the current supplier-driven traffic, starting April next year, it would become a workflow driven mechanism

Security personnel stand guard during restrictions, in Srinagar. (Photo: PTI)

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According to consulting firm RedSeer, e-commerce companies such as Flipkart and Amazon could generate up to $6 billion or  ₹39,000 crore in sales this festive season
According to consulting firm RedSeer, e-commerce companies such as Flipkart and Amazon could generate up to $6 billion or 39,000 crore in sales this festive season

Top five sellers to biz model: What DPIIT asked Amazon, Flipkart to disclose

  • The DPIIT has asked the companies to also share their capital structure and business model
  • These questions were sent to them after several complaints were made by CAIT that e-commerce companies have been violating FDI policy in garb of mega festive sales

Bidding for the national carrier will be carried out through a newly developed e-bidding system (Photo: Abhijit Bhatlekar/Mint)
Bidding for the national carrier will be carried out through a newly developed e-bidding system (Photo: Abhijit Bhatlekar/Mint)

Government likely to float bids for 100% stake sale in Air India next month

  • The government is planning to invite preliminary bids for 100% stake sale in Air India next month, and some entities have already expressed interest, the report said
  • Air India is sitting on a debt pile of around 58,000 crore, besides huge accumulated losses running into thousands of crores

HDFC is the only corporate in the financial sector to offer content on its website in 6 Indian languages (Photo: Mint)
HDFC is the only corporate in the financial sector to offer content on its website in 6 Indian languages (Photo: Mint)

Now, HDFC website in Hindi, 5 other Indian languages to help home loan buyers

  • The HDFC says its website content is now also available in Hindi, Marathi, Tamil, Telugu, Malayalam and Kannada
  • The initiative aims to facilitate HDFC to promote the govt's flagship scheme PM Awas Yojana in tier-II, tier-III cities and smaller towns with a vast non-English speaking segment

Restructuring of the Railway Board is just the beginning of an overhaul of the ministry (Photo: Mint)
Restructuring of the Railway Board is just the beginning of an overhaul of the ministry (Photo: Mint)

Railways to 'right size' Railway Board by 25%, transfer 50 officials: Report

  • Currently, there are 200 officials in the Railway Board. It will be reduced to 150 with 50 officers of director and above level being transferred to the zonal railways, the report said
  • The plan was first mooted in 2000 by the Atal Bihari Vajpayee government

Prime Minister Narendra Modi with Maharashtra CM Devendra Fadnavis and Shiv Sena chief Uddhav Thackeray during a public rally in Mumbai (Photo: ANI)
Prime Minister Narendra Modi with Maharashtra CM Devendra Fadnavis and Shiv Sena chief Uddhav Thackeray during a public rally in Mumbai (Photo: ANI)

Why so many rallies of Modi, Shah if no Opposition challenge, asks Shiv Sena

  • What's the motive behind 10 rallies of Modi, 30 of Amit Shah, and Fadnavis himself holding 100 rallies across Maharashtra, asks Sanjay Raut
  • In a column in Shiv Sena mouthpiece 'Saamana', Raut says poll plunge of Aaditya Thackeray will change the state's 'political dynamics' in coming years

Xiaomi CEO Lei Jun (Photo: Mint)
Xiaomi CEO Lei Jun (Photo: Mint)

Xiaomi plans to launch over ten 5G phones next year

  • Xiaomi CEO Lei said the mobile phone industry is worried 4G models would not sell next year.
  • The Xiaomi CEO made the remarks at the World Internet Conference in Chinese town of Wuzhen

The stock markets will remain closed on Monday on account of polling for the Maharashtra Assembly election
The stock markets will remain closed on Monday on account of polling for the Maharashtra Assembly election

Market Outlook: Brexit vote, earnings to guide markets ahead

  • The Indian markets may react to British Parliament's vote to delay a decision on new Brexit deal next week
  • Investors will await corporate results from Maruti Suzuki, SBI, ITC, Hero MotoCorp, Larsen & Toubro, Kotak Mahindra Bank, Bajaj Auto and HCL Technologies

Reliance Industries valuation zoomed  ₹39,876.44 crore to  ₹8,97,179.47 crore (Photo: Mint)
In the preceding month, FPIs had invested a net  ₹6,557.8 crore in the domestic capital markets (both equity and debt). (Photo: Reuters)
In the preceding month, FPIs had invested a net 6,557.8 crore in the domestic capital markets (both equity and debt). (Photo: Reuters)

FPIs pour in 5,072 crore into Indian capital markets in October so far

  • FPIs put in a net sum of 4,970 cr in equities and a net 102 cr in debt market during Oct 1-18, taking the cumulative net investment to 5,072 cr
  • Regarding the future course of FPI flows, market experts say, the momentum is expected to continue in the long term as India is a very attractive investment destination with sound fundamentals

Demonstrators wearing face masks gather during a protest at the Tsim Sha Tsui district in Hong Kong. (AP)
Demonstrators wearing face masks gather during a protest at the Tsim Sha Tsui district in Hong Kong. (AP)

Hong Kong protesters set up roadblocks, clash with police

  • Protest leaders carried a black banner at the front of the procession that read, "Five main demands, not one less"
  • Police beefed up security measures for the unauthorized rally, the latest chapter in unrest that has disrupted life in the financial hub since early June

As per industry estimates, BS-VI compliant commercial vehicles are likely to be costlier by at least 10% than the existing BS-IV models. (Photo: Bloomberg)
As per industry estimates, BS-VI compliant commercial vehicles are likely to be costlier by at least 10% than the existing BS-IV models. (Photo: Bloomberg)

Mahindra expects commercial vehicles sale to bounce back next fiscal

  • As per SIAM data, in the Apr-Sept this fiscal, total domestic CV sales slumped by 22.95% to 3,75,480 units as against 4,87,319 units in the year-ago period
  • M&HCV segment declined by 35.79% in the same period at 1,22,521 units as compared to 1,90,801 units in the first half of last fiscal

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FILE PHOTO: A view shows branded oil tanks at Saudi Aramco oil facility in Abqaiq, Saudi Arabia.  (REUTERS)
FILE PHOTO: A view shows branded oil tanks at Saudi Aramco oil facility in Abqaiq, Saudi Arabia. (REUTERS)

Saudi Aramco says IPO timing depends on 'market conditions'

  • With a $2 trillion valuation, the five percent sale could raise some $100 billion, in what would be the largest IPO ever
  • Saudi Aramco sits on 263 billion barrels of crude oil and 320 trillion cubic feet of natural gas, much more than any other private or state oil company

The second annual India Leadership Summit will be attended by former US secretary of state and statesman Henry Kessinger, Condoleezza Rice, India's foreign minister S Jaishankar (above) among others. (AP)
The second annual India Leadership Summit will be attended by former US secretary of state and statesman Henry Kessinger, Condoleezza Rice, India's foreign minister S Jaishankar (above) among others. (AP)

Top leaders from India, US to discuss trade, geopolitics at leadership summit

  • The second annual India Leadership Summit aims to focus on the immense potential that the US-India relationship has in areas beyond trade including sustainability, security
  • Over 300 influential and powerful people from India and the US are joining the summit

Sitharaman made the remarks in her address to the annual meeting of the International Monetary Fund
The Airports Authority of India (AAI), which works under the Ministry of Civil Aviation, owns and manages 129 airports across the country.  (Ramesh Pathania/Mint)
The Airports Authority of India (AAI), which works under the Ministry of Civil Aviation, owns and manages 129 airports across the country. (Ramesh Pathania/Mint)

AAI planning to monetise 759 acre of land near 8 major airports

  • The revenue generated from such land monetisation is classified as non-aeronautical revenues or non-traffic revenues
  • On 27 June this year, Civil Aviation Minister Hardeep Singh Puri had talked about this plan to monetise land of the AAI in Lok Sabha

A thin layer of smog is seen on Delhi's skyline in New Delhi. (AP)
A thin layer of smog is seen on Delhi's skyline in New Delhi. (AP)

Delhi's air quality drops to 'poor' with change in wind direction

  • Westerly and northwesterly winds bring dust from western regions and smoke caused by burning of crop residue]
  • The Delhi government has also tied up with Washington University and set up a centre near India Gate to collect data

Jio is the only pure-4G network in India. (Photo: Reuters)
The major non-performing asset accounts to be auctioned. (Photo: Mint)
Finance Minister Nirmala Sitharaman. (Photo: ANI)
Launched from Lucknow on October 4, Tejas is the first corporatised train of Indian Railways. (Photo: PTI)
Launched from Lucknow on October 4, Tejas is the first corporatised train of Indian Railways. (Photo: PTI)

In a first, Tejas to compensate passengers for delay

  • This will be the first time that passengers will be compensated for the delayed journey
  • The compensation is given when the train reaches its destination behind schedule

AAP MP Sanjay Singh. (Photo: PTI)
AAP MP Sanjay Singh. (Photo: PTI)

BJP says it will withdraw free electricity scheme: AAP

  • AAP leader and Rajya Sabha MP Sanjay Singh said the BJP has made its stand clear on the scheme
  • Sanjay Singh said that at a time when everywhere the price of electricity is going up, the AAP government is giving free electricity till 200 unit and providing subsidy for consumption up to 400 units

Polling officials, carrying the electronic voting machines and other necessary inputs, leave for their poll duty, on the eve of Haryana assembly elections, in Sonipat, Sunday. (PTI)
Polling officials, carrying the electronic voting machines and other necessary inputs, leave for their poll duty, on the eve of Haryana assembly elections, in Sonipat, Sunday. (PTI)

Haryana polls: Over 89 lakh young voters to play key role

  • Faridabad and Gurgaon districts have the maximum number of electorates-- over 15 lakh and 12 lakh, respectively
  • Polling for 90 assembly seats in the state will be held from 7 am to 6 pm

Two Qantas planes taxi on the runway at Sydney Airport (File photo: AP) (AP)
SpiceJet operates only Boeing and Bombardier planes.   (Reuters )
A Huawei company logo.  (REUTERS)
A BSF soldier at a newly built road for Indian pilgrims at the under-construction Kartarpur corridor.  (AP)
A BSF soldier at a newly built road for Indian pilgrims at the under-construction Kartarpur corridor. (AP)

Pakistan to open Kartarpur Corridor on 9 November: Imran Khan

  • The proposed corridor will connect Darbar Sahib in Kartarpur, in Pakistan’s Narowal district, with Dera Baba Nanak shrine in Gurdaspur district of Punjab
  • Pakistan is building the corridor from the Indian border to the Gurdwara Darbar Sahib in Kartarpur

The corridor will connect Darbar Sahib in Kartarpur with Dera Baba Nanak shrine in Gurdaspur district of Punjab and facilitate visa-free movement of Indian pilgrims, who will only have to obtain a permit to visit Kartarpur Sahib. (PTI)
The corridor will connect Darbar Sahib in Kartarpur with Dera Baba Nanak shrine in Gurdaspur district of Punjab and facilitate visa-free movement of Indian pilgrims, who will only have to obtain a permit to visit Kartarpur Sahib. (PTI)

Registration for Kartarpur pilgrimage couldn't start due to demand of $20 fee

  • A total of 55 immigration counters are being set up at the passenger terminal
  • India had asked Pakistan to reconsider the decision on charging $20 per pilgrim

The tech billionaire announced his decision to go 'offline' for a few days. (Bloomberg)
The tech billionaire announced his decision to go 'offline' for a few days. (Bloomberg)

Why has Elon Musk suddenly gone offline?

  • Elon Musk is working on a rocket to take humans to Moon and Mars
  • The tech billionaire announced his decision to go 'offline' for a few days

HRA helps you lower your income tax liability (Photo: Mint)
On October 22, several bank branches across India are likely to be shut due a strike called by unions. (Photo: Mint)
The government introduced the EPF scheme in 1952 as a mandatory saving scheme.
Log in to SBI's official website 'www.onlinesbi.com'. (Reuters)
PPF Form H needs to be submitted before one year of the maturity of the account
IRDAI's call to introduce the option of multiple premium payment options is a welcoming change (AP)
The Supreme Court on Tuesday extended indefinitely its March 31 deadline for linking bank accounts and mobile phone numbers with Aadhaar. Photo: Pradeep Gaur/Mint