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Nifty50. The aggregate revenue of Nifty50 soared 9% YoY to an impressive Rs 11.38 lakh crore, accompanied by a robust 20% YoY surge in profits to Rs 1.50 lakh crore. The underlying strength of the Indian economy was further underscored by 36 out of 50 companies reporting growth in revenues, and 40 companies recording increased profits. The standout feature of this earnings season has been the expansion of margins by 694 basis points YoY, reaching a remarkable 30.14% for the quarter. This was propelled by the strategic benefit reaped from the decline in input costs.

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single-use plastic ban is “unconstitutional and unreasonable” is generating disappointment for some in the environmental movement.And it is also raising questions about whether the plastic bags, straws and takeout containers listed under the ban could make a comeback.“I mean, we were very disappointed. And this is a real setback to the federal government’s plans to address the plastic pollution crisis,” said Ashley Wallis, associate director with Environmental Defence in Toronto.Both Environmental Defence and Greenpeace Canada are calling on the federal government to appeal the ruling, something Environment Minister Steven Guilbeault said he’s “strongly considering.”But where do things go from here?The court challenge was brought forward by a group called the Responsible Plastic Use Coalition (RPUC), made up of plastic producers including Dow Chemical and Imperial Oil.They successfully argued that the May 2021 cabinet order classing “plastic manufactured items” as toxic substances under the Canadian Environmental Protection Act (CEPA) was too broad.In a statement, the RPUC said it is glad that the court upheld the provisions of the CEPA and believes industry and the government can work collaboratively to reduce plastic waste.This classification allowed Ottawa to ban a wide variety of single-use plastics because under the CEPA, the federal government can ban toxic substances.With this classification retroactively overturned, does it mean single-use plastics like bags and straws will come roaring back?Not likely, it seems.Two of Canada’s major grocers, Loblaws and Metro, both tell Global News they will not be bringing back plastic shopping bags.“No.

India is one of the fastest-growing economies in the world and has set ambitious targets for future growth. The Government of India has launched several initiatives, including the Amrut Kaal, which aims to make the country a developed nation by 2047. Almost all studies show that India has one of the strongest growth prospects for projected business.

TCS buyback 2023: Date for finalising list of eligible shareholders of Tata Consultancy Services (TCS) for buyback of shares has been fixed on 25th November 2023. The Indian IT major has informed Indian stock market bourses that it has fixed 25th November 2023 as TCS buyback record date. The IT giant also informed that TCS buyback record date has been fixed on ex-date basis, which means TCS shares would trade ex-buyback on 24th November 2023 i.e.

Kristalina Georgieva said on Friday this week's meeting between U.S. President Joe Biden and Chinese President Xi Jinping is a badly needed signal that the world needs to cooperate more.

The lower house of Russia’s parliament has approved a federal budget Friday that increases spending by around 25% in 2024 and devotes a record amount to defense

Wall Street edged higher in quiet trading, closing out a third straight winning week and keeping November on track to be its best month in a year

The former governor of the Central Bank of Nigeria has been charged with procurement fraud

Members of the United Auto Workers union were close to approving contract agreements with Stellantis and Ford on Friday with voting at both companies overwhelmingly in favor

As countries meet in Nairobi to negotiate a treaty aimed at cutting plastics pollution, one of the tools that's been discussed is plastic credits

By Lewis Krauskopf

Canadians won’t have to wait much longer to find out if the slowing economy sticks a soft landing or suffers a hard one.

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Bank of India, Axis Bank, ICICI Bank and Bajaj Finance Ltd. The Bank Nifty fell 1.3%, the most in over two weeks, while the Finnifty, which comprises NBFCs and insurers, tumbled 0.9%. The Nifty PSU Bank index comprising SBI, Indian Bank, Bank of India, Punjab National Bank, Bank of Baroda and Canara Bank fell 2.39%, also the most in two weeks.

TVS Motor Co. Ltd, Havells India Ltd, Philips India Ltd, Voltas Ltd, Whirlpool of India Ltd, John Deere, Sonalika Tractors, Escorts Ltd, New Holland Agriculture, (Royal Enfield) Eicher Motors Ltd, Blue Star Ltd, BPL Ltd, Godrej & Boyce Manufacturing Co. Ltd, and Crompton Greaves Consumer Electricals Ltd.

Stephens Inc. Executive Vice President Mary Kissel discusses how Biden can take advantage of China's troubled economy on 'Making Money.'

India on Friday invited Global South to join the recently launched Global Biofuels Alliance, saying it is willing to share its expertise with developing and less developed nations. A global alliance for promoting biofuels was launched at the Group of 20 leaders meeting in September with a view to reducing emissions in the transportation and industrial sectors.