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ICC rankings saw Pakistan pacer Shaheen Afridi jump to the top of the ODI bowlers' ranking after picking eight wickets in three matches against Australia. Afghanistan leg-spinner Rashid Khan claimed the second spot as South Africa's Keshav Maharaj dropped two places to third. Two other Pakistani pacer made huge strides after winning the series against Australia. Haris Rauf, who claimed 10 wickets to win the Player of the Series award, and Naseem Shah both jumped 14 places. Rauf is now 13th, while Naseem is joint 55th.

PFC has decided not to sanction loans to Shapoorji Pallonji Group as it does not favour takeing «high-end exposure», PFC CMD Parminder Chopra said. The Power Finance Corporation (PFC) chairman and managing director (CMD) Parminder Chopra made the remarks in a post earnings call. «The Board in its wisdom has decided that since it's a new sector for us, so we may not take that high-end exposure,» she said in reply to a question related to sanctioning loan to Shapoorji Pallonji. Shapoorji Pallonji Group is a business conglomerate which specializes in sectors like engineering and construction.

India, the world's second-biggest crude steel producer, had turned a net importer during 2023/24 and the trend has continued during April-October, the data showed. During April-September, China was the lead exporter of finished steel to India and this is widely expected to be the case during April-October. Details will be known later in the month.

Samantha Harvey won the Booker Prize for fiction on Tuesday with «Orbital,» a short, wonder-filled novel set aboard the International Space Station that ponders the beauty and fragility of Earth. Harvey was awarded the 50,000-pound ($64,000) prize for what she has called a «space pastoral» about six orbiting astronauts, which she began writing during COVID-19 pandemic lockdowns. The confined characters loop through 16 sunrises and 16 sunsets over the course of a day, trapped in one another's company and transfixed by the globe's ever-changing vistas. «To look at the Earth from space is like a child looking into a mirror and realizing for the first time that the person in the mirror is herself,» said Harvey, who researched her novel by reading books by astronauts and watching the space station's live camera. «What we do to the Earth we do to ourselves.»

A U.S. jury has awarded $42 million to three former detainees of Iraq’s notorious Abu Ghraib prison, holding a Virginia-based military contractor responsible for contributing to their torture and mistreatment two decades ago

Indian Railways has utilised 61% of its budgeted allocation — till October-end — through a ₹1.63 lakh crore capital expenditure (capex) for the current fiscal. According to officials aware of the development, earnings of the national transporter were at an upswing with ₹1.02 lakh crore earnings from freight and ₹46,374.5 crore from passengers during the months under review. «Total revenue stood 6.1% higher at ₹1.49 lakh crore this fiscal,» a senior official told ET. For the full fiscal, the Railways has earmarked ₹2.65 lakh crore as capex. It also expects to rake in ₹80,000 crore from passengers, and ₹1.80 lakh crore as freight revenue.

The order comes after a meeting the Food Safety and Standards Authority of India (FSSAI) had with representatives of online food delivery companies, in which they were told to ensure that products being delivered reach consumers with a minimum shelf life of 30% or 45 days before expiry, depending on the food item and format used in the labelling to inform about expiry date. Last month, the consumer affairs ministry had taken note of the matter after receiving several complaints through the national consumer helpline about quick commerce companies not following norms on disclosures such as displaying expiry dates of packaged food items, as mandated by the Legal Metrology Act. ET had reported this first on October 10.

Economists, however, struck a note of caution in view of softening urban demand. «There is improvement in the numbers, but IIP is extremely volatile,» said Gaura Sen Gupta, chief economist at IDFC First Bank.

dermatology, even as sales volume dipped year-on-year, data from market research firm Pharmarack showed. «Majority of the therapies are showing a positive growth, though unit growth continues to be a challenge for the current month (November),» said Sheetal Sapale, vice president-commercial, Pharmarack. The growth is driven price and new introductions while most therapies have seen a drop in volumes, she said.

EV charging facility as oil companies quadrupled the number of pumps with chargers in two years despite installation and consumer demand challenges. EV charging facilities are available at about 17,900 pumps, with state-run oil companies accounting for 95% of these, according to the oil ministry data. Two years ago, only 4,100 pumps offered EV charging. Indian Oil Corp is the leader with EV facilities available at 10,057 pumps. Hindustan Petroleum operates 3,705 pumps with chargers and Bharat Petroleum 3,146.

MTNL has defaulted on a total payment of Rs 5,726.29 crore, comprising a principal amount of Rs 5,492 crore raised from various banks and an interest of Rs 234.28 crore, the company said in a regulatory filing. The company shared that its total financial debt now stands at Rs 32,097.28 crore — 40 times more than its consolidated annual income of Rs 798 crore. Union Telecom Minister Jyotiraditya Scindia on Tuesday told reporters that there is no insecurity about the debt raised by MTNL as it is backed by a sovereign guarantee and the company's business will be transferred to BSNL.

Born on February 18, 1985, in Seoul, Song Jae Rim's journey to stardom was anything but conventional. He first made a name for himself as a runway model before transitioning to acting. With his striking features and natural charisma, Song graced the catwalks of major designers like Juun. J, Herin Homme, and Ha Sang Beg, while also making appearances in high-profile magazines such as Vogue Girl Korea and Bazaar Korea. His presence on the runway earned him widespread recognition in the fashion world, but his true passion lay in acting.

China, Korea, and Thailand for five years to guard domestic players from cheap imports from these nations. The duty was imposed as the chemical — Epichlorohydrin — was exported to India from these countries at below-normal prices. «The anti-dumping duty imposed under this notification shall be levied for a period of five years (unless revoked, superseded or amended earlier)...,» the department of revenue said in a notification. The levy is imposed following recommendations for the same by the commerce ministry's investigation arm Directorate General of Trade Remedies (DGTR).

Industrial Production (IIP) in India witnessed an expansion of 3.1 per cent in September, as per data released by the Ministry of Statistics and Programme Implementation (MoSPI) on Tuesday. The Quick Estimates of Index of Industrial Production (IIP) are released on 12th of every month (or previous working day if 12th is a holiday) with a six weeks lag and compiled with data received from source agencies, which in turn receive the data from the producing factories/ establishments. These Quick Estimates will undergo revision in subsequent releases as per the revision policy of IIP. (More to come)

State Bank of India is planning to raise as much as Rs 20 billion ($237 million) through its third climate fund, according to people familiar with the matter. SBI Ventures Ltd. plans to raise the money from multilateral institutions after approval from the company’s board, said people, who asked not to be identified as the information is private. The fund will invest in small and mid-sized companies that are focused on recycling waste and curbing emissions among other initiatives, and obtain equity partnership, the people said.

Akshay Nanavati, a 40-year-old Indian American, embarked on the adventure of a lifetime -a 110-day skiing expedition across Antarctica. If he succeeds, Nanavati will become the first human to complete an unsupported, solo, 2,700-km, coast-to-coast, ski crossing of the coldest, driest, windiest and loneliest continent on the planet. He will be dragging a 200-kg sled packed with food rations and fuel through the distance, surviving temperatures as low as minus 40 degrees. It's what adventurers call 'manhauling.' Preparation itself cost Nanavati — an entrepreneur, speaker and author — the tips of two fingers, lost to frostbite. One was removed because of gangrene. This happened while climbing the Axel Heiberg Glacier in Canada, within the Arctic circle. Back from this ordeal, Nanavati opted for part of the other digit to be removed as well.

personal loan, credit card and microfinance (MFI) portfolios, Indian banks are slashing credit card limits and restricting pre-approved personal loans. Some of the lenders have also reduced loan-to-value (LTV) ratios on mortgage loans, bankers told ET. «We have identified stress segments in our unsecured portfolio based on customer segment, geographies, credit scores and sectors that are showing signs of trouble,» said the retail head of a private sector lender. «We have reduced risks in these segments by lowering credit card additions, reducing credit card limits, lowering LTV and keeping away from segments which have thrown up high risk.» Several lenders said that they now prefer offering loans to customers with credit scores of more than 750 from a cap of 720 seen prior to the onset of stress. Banks are also keeping a very close watch on days past due (DPD), where collection machinery gets triggered at day zero DPD.

HFCL Ltd on Monday said the company along with its consortium partners has been declared the lowest bidder for optical fibre-based broadband network projects worth Rs 13,000 crore under BharatNet Phase III for UP East, UP West and Punjab circles. The company placed bids for UP East and UP West through consortium partners and alone for the Punjab circle. «HFCL-Rail Vikas Nigam Limited (RVNL)-Aerial Telecom Solutions Private Limited, a Consortium has been declared as the Lowest Bidders by Bharat Sanchar Nigam Limited (BSNL), for bids valued at around Rs 6,925 crore to provide middle-mile network in Uttar Pradesh (East) and Uttar Pradesh (West) under the BharatNet Phase III programme,» the company said in the filing. The consortium will be awarded 10 years of operation and maintenance (O&M) order at an annual rate of 5.5 per cent of capex for the first five years and 6.5 per cent for the subsequent five years which will be worth about Rs 4,155 crores, after commissioning of the first ring of network, the filing said.

Hindalco Industries will spend $4 — $5 billion on capital expenditure over a period of three years to expand its upstream facilities for aluminium and copper, the company said on Monday. These include an aluminium smelter, alumina refinery, a copper smelter and a copper recycling plant, managing director Satish Pai said on a call post the earnings. The metal flagship company of the Aditya Birla group announced its earnings for the September quarter late on Monday, and its consolidated net profit jumped 78% on year to ₹3,909 crore helped by strong traction in its India business.

European Union sees very limited progress in negotiations with China aimed at finding an alternative to tariffs on electric vehicles and the bloc currently sees little prospect of a quick deal, according to people familiar with the matter. China and the EU will continue technical talks this week after discussions in Beijing where both sides touted some progress. However, the chances of a deal remain slim for now, said the people, who spoke on condition of anonymity. China hasn't yet moved toward the EU's strict requirements on ensuring that any arrangement is enforceable and matches the effect of the anti-subsidy tariffs the bloc adopted last month, they said.

HDFC Bank has decided to divest several key commercial properties inherited during its 2023 merger with its mortgage-lender parent, HDFC, said persons with direct knowledge of the development. Monetisation of these assets, which include some residential apartments, could together fetch about ₹3,000 crore for India's most-valued bank. The assets to be sold include the HDFC House in South Mumbai's Churchgate and residential apartments that were allotted to HDFC's senior officials earlier. Commercial assets across south Mumbai, Kalina, Chandivali and other cities including Kolkata, Mysore, and Bengaluru are valued at around ₹2,400 crore. Residential apartments are likely to be valued around ₹800 crore.