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GDP growth projections for FY25 depend on strong government investment and effective inflation control for India to reach over 7 per cent growth, according to Ernst & Young (EY) report. Recent reports indicate a mixed outlook, with the Reserve Bank of India (RBI) maintaining a cautious stance on monetary policy amid rising inflation. In September 2024, the Consumer Price Index (CPI) inflation was recorded at 5.5 per cent, pushing the average inflation for the second quarter of FY24 to 4.2 per cent, slightly above the RBI's expected target of 4.1 per cent.

foreign portfolio investors (FPIs) in India offloaded a staggering Rs 1,13,858 crore through the exchanges in the month of October. However, they remained active buyers in the primary market for the month. As opposed to the huge sell-off in the secondary market, the FPIs invested Rs 19,842 crore in the said time period.

Florida woman was able to save herself from an attempted rape by phoning in a fake pizza order to police.According to authorities, the 911 centre at the Volusia Sheriff’s Office fielded an early morning call on Oct. 19, with the woman on the other end of the call repeatedly asking the dispatcher for pizza while also dropping subtle hints she might be in danger.A recording of the call, released to the public, starts with the unidentified woman telling the dispatcher she would like to order something to eat.“I would like to order a pizza. I’m so stuck in here,” the woman says at the top of the audio recording.The dispatcher asks the woman whether she knows she’s calling 911.

Kamala Harris and former President Donald Trump ramped up their presidential campaigns in Wisconsin, a crucial battleground state. At the campaign event, Harris targeted Trump's economic record, specifically his handling of manufacturing jobs. She further claimed that nearly 2,00,000 manufacturing jobs were lost during Trump's presidency before the Covid-19 pandemic, with thousands of those losses felt in Wisconsin alone. She also labelled «Trump one of the biggest losers of manufacturing jobs in American history.» Addressing the campaign, Harris said, «He (Donald Trump) said that he was the only one who could bring back America's manufacturing jobs. America lost nearly 2,00,000 manufacturing jobs when Trump was president, including thousands of jobs right here in Wisconsin, and let the facts be clear, those losses started before the pandemic. That makes Donald Trump one of the biggest losers of manufacturing jobs in American history.»

While officials expected Delhi’s air quality to plunge into the “severe” category, favorable winds and above-normal temperatures helped mitigate the situation.

Online video production company MrBeast says it has fired somewhere between 5 to 10 employees following an investigation into the YouTube empire’s workplace culture

Goods and services tax (GST) collections recovered from record lows in September to post a healthy 8.9% rise in October from a year earlier to Rs 1.87 lakh crore. Several auto companies such as Maruti Suzuki, Tata Motors, Mahindra & Mahindra and JSW MG Motor India reported record sales last month.

Apple set yet another revenue record in India in the September quarter, thanks to the iPhone, amid an ongoing trend of premiumisation in the smartphone market, said chief executive Tim Cook. “iPhone grew in every geographic segment, marking a new September-quarter revenue record for the category… And we continue to be excited by the enthusiasm we’re seeing in India, where we set an all-time revenue record,” Cook said during the company’s earnings call Friday. It’s not just iPhones that are growing rapidly in India. iPads also set a record in the quarter, contributing to an 8% surge in revenue for the segment globally.

Toronto-Dominion Bank‘s ability to expand its retail banking business in the United States has been restricted, leaving investors wondering whether it will do the obvious and focus on growing its personal and commercial banking segment in Canada or its wealth and insurance business in the U.S., but analysts say any potential moves would be “easier said than done.”

Total nonfarm payrolls published by the US Bureau of Labor Statistics today (1 November) came in significantly below market expectations, with economists polled by Reuters expecting the figure to stand at 113,000. At the same time country's unemployment rate remained unchanged at 4.1% from September and slightly lower than the 4.2% recorded in August. The figures for October were also below the downwardly-revised 223,000 jobs created in September. US economy adds 254,000 jobs in September as unemployment rate softens The largest increase last month came via the healthcare sector...

Modi on Friday accused the Congress of practicing a «culture of fake promises», party president Mallikarjun Kharge hit back by saying Modi's «drumbeating regarding a 100-day plan was a cheap PR stunt!». Kharge was referring to the Modi-led's Lok Sabha election poll campaign promise of an action plan in the first 100 days of the third Modi government.

Narendra Modi's recent attack, Congress President Mallikarjun Kharge said lies, deceit, fakery, loot and publicity are the five adjectives that best describe the BJP government, adding that the 100-day plan was a cheap PR stunt. «Lies, Deceit, Fakery, Loot & Publicity are the 5 adjectives which best describe your Govt! Your drumbeating regarding a 100-day plan was a cheap PR stunt! On May 16, 2024 you had also claimed that you took inputs from more than 20 lakh people for the road map for 2047. RTI filed in PMO declined to put forth details, exposing your LIES!» said Kharge. «The 'B' in BJP stands for Betrayal, while the 'J' stands for JUMLA! Setting the record straight. Promise of 2 Crore Jobs per year? Why is India's Unemployment Rate at a 45-year high? Why are stampedes witnessed wherever there are vacancies for a handful of jobs? Who is responsible for 70 paper leaks in 7 years? Who snatched 5 Lakh Govt jobs by selling stake in PSUs? Bahut Hui Mehangai Ki Maar? Why have the household savings plunged to a 50-year low? Why has the cost of a common thali increased by 52% in just last year?» questioned Kharge.

Buy low, sell high, they say. Well, it looks like condo sellers in some towns (looking at you, Toronto) are about to give buyers a windfall chance at low prices.

Subscribe to enjoy similar stories. New Delhi: Apple on Friday logged an estimated $3.75-4 billion in India revenue in July-September, its highest quarterly sales in the country and the 10th straight three-month period when the iPhone maker's quarterly revenue has been higher year-on-year in the world's fifth-largest economy. In July-September of 2023, Apple's India revenue was estimated at $2.5 billion.

India reported a 5.5% growth in iron-ore output at 135 million tonnes (MT) for the first half of the current financial year 2024-25. The country produced 128 MT iron-ore in the same months of the previous fiscal. Manganese ore production also rose by 6.2% to 1.7 MMT in fiscal 2024-25 from 1.6 MMT during the corresponding period of previous year. India also reported higher coal output during October 2024. Among non-ferrous metals, primary aluminium production in the months under review rose 1.2% over the corresponding period last year, increasing to 20.90 lakh ton (LT) during fiscal 2024-25. Refined copper production grew by 4.6% from 2.39 LT to 2.50 LT. According to the Mines Ministry, India is the second largest aluminium producer, among top 10 refined copper producers and fourth largest iron ore producer in the world. “These growth trends point towards continued strong economic activity in user sectors such as energy, infrastructure, construction, automotive and machinery,” a Mines Ministry statement said.

Rahul Gandhi, who has spent a lot of time at the 10, Janpath bungalow in Lutyens' Delhi, says he is «not a big fan» of the house. The reason is that his father and former prime minister Rajiv Gandhi was living in the 10, Janpath house when he was assassinated in Tamil Nadu's Sriperumbudur on May 21, 1991. «My father died (while he was living) here, so I am not a big fan of this house,» Gandhi tells his nephew Raihan Rajiv Vadra, while working with paint jobs workers at the 10, Janpath residence ahead of Diwali. The conversation is recorded as part of a Diwali video that Gandhi released on Friday in which he interacts with paint job workers and potters. The video also features Vadra with whom Gandhi is in conversation.

Indian carmakers reported a surge in sports utility vehicle sales to dealers in the festive month of October, company data showed on Friday, while the small-car segment stayed sluggish, highlighting customers' increasing preference for larger, premium cars. Maruti Suzuki, India's No. 1 carmaker in terms of market share, posted a 19.4% rise in SUV sales to hit a record high, while No. 2 SUV-maker Mahindra and Mahindra posted its highest monthly sales in the current fiscal year, a 25% rise.

Samsung Electronics Co. is poised to account for about half of South Korea’s economic growth this year, making its biggest contribution on record, Bloomberg Economics said, in commentary that underscores the company’s significance in an economy that ebbs and flows with the global semiconductor industry. Samsung is South Korea’s largest company, accounting for about 8% of manufacturing output and 17% of the main stock index’s total market capitalization. Based on the gross profit its South Korea-based units generates, the company will likely be responsible for 1.1 percentage points of the 2.2% growth that the economy is expected to post this year, BE economist Hyosung Kwon said Friday in an analysis based on a series of data available since 2008. The report underscores the importance of Samsung’s efforts to secure orders for high-bandwidth memory from Nvidia Corp. and other developers of computer processors that power artificial intelligence development. It also highlights the concentration of clout that Samsung has over Asia’s fourth-largest economy after global demand for memory chips increased.

Eicher Motors Ltd on Friday said its arm VE Commercial Vehicles Ltd posted a 5 per cent decline in total sales to 7,112 units in October 2024. VE Commercial Vehicles (VECV), a joint venture of the Volvo Group and Eicher Motors, had sold 7,486 units in October 2023, Eicher Motors said in a regulatory filing. October 2024 sales included 6,911 units of the Eicher brand and 201 units of the Volvo brand, it added. In the domestic commercial vehicles market, Eicher branded trucks and buses recorded sales of 6,611 units last month compared to 7,077 units in October 2023, down 6.6 per cent.

India vs Pakistan Live Score, Hong Kong Super Sixes: India and Pakistan will once again renew their rivalry as both teams are all set to face off in a much-anticipated Hong Kong Super Sixes encounter on Friday. Returning after a seven-year hiatus Hong Kong Super Sixes has garnered much attention where records are expected to tumble on every single day. India have faced PakistanAfter Shahbaz Nadeem, Muhammad Akhlaq smashes Manoj Tiwary for two fours and a six in the fourth over.

Delhi Fire Service (DFS) received over 300 calls reporting fire-related incidents on Diwali, though no life-threatening cases were reported, an official said on Friday. Speaking to ANI, Delhi Fire Services Director Atul Garg said that between midnight and 6 am, approximately 158 fire-related incidents cases were reported. «There were no major calls but we received many. From 5 pm yesterday until midnight, around 192 calls were logged, and between midnight till 6 am around 158 more were reported. From 5 PM to 5 AM, in just 12 hours the 300 mark was crossed,» Atul Garg said.