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Narendra Modi on Sunday announced that PMKAY would be extended to the end of December 2028. It was earlier set to end on December 31, 2023. The subsidy has been included in the overall food subsidy of around ₹197,350 crore provided in the 2023-24 budget, of which ₹95,149 crore or 48% has been used as of September, as per CGA data.

India-Canada row: The ties between India and Canada have been strained after Canadian Prime Minister Justin Trudeau in September alleged the involvement of "agents of the Indian government" in the killing of Khalistani terrorist Hardeep Singh Nijjar in June this year. India on the other hand has rejected the claims and called the allegations as "absurd and motivated." Since then Ottawa and New Delhi announced tit-for-tat expulsions of diplomats in the wake of Trudeau's allegation of Indian involvement in Nijjar's killing. India also temporarily suspended the issuance of visas to Canadian citizens and asked Ottawa to downsize its diplomatic presence in the country to ensure parity.

Pradeep Rathod, CMD and Atul Parolia, CFO, Cello World in conversation with ET Now after listing on the bourses on Monday. Parolia says: “The main reason for our good ROC is that our bottom line is always very sound and that has given us an advantage in garnering ROCE of around 44%. Even in the future, it will be very good and definitely it will be above the peers.” Congratulations for listing on the bourses. Pradeep, let me ask you first; the revenue CAGR for FY21-23 is at around 30% or so. Do you expect this sort of a run rate or revenue growth rate to continue going ahead for Cello World? Pradeep Rathod: We just want to perform the way we have performed in the last three-four years. And going forward, our Glassware unit, which is coming up in Rajasthan, will also give extra revenue to the company. Overall, it looks really good to grow from here. Our product lines are expanding and we will grow at the pace we were growing over the last three-four years.

Narendra Modi on the one hand, and a bevy of Parliamentarians from Delhi descending to contest state elections on the other, especially in Madhya Pradesh. This is being seen as a strategy to counter anti-incumbency and project a new image to voters. In bilateral contests, especially close ones, smaller parties can play spoilers.

Reuters. Ken Mehlman and Robert Antablin who are the fund's co-heads, in an interview with Reuters said the firm attracted commitments from investors for more than double its first $1.3 billion impact fund raised in 2020.

BJP's defeat in Lok Sabha elections might lead to 25% drop in stock market, says Jefferies Wood is positive about the real estate sector as he pointed out that the property upturn has not waned despite monetary tightening and they have the steam left for the next four to five years. (Exciting news! Mint is now on WhatsApp Channels. Subscribe today and stay updated with the latest financial insights! Click here!) Also Read: Chris Wood's Greed and Fear explains why PSU banks are outperforming private lenders He said investors should buy both - property and property stocks.

Alliance (NEDA) and an ally of the NDA at the Centre. The state will witness a triangular contest among MNF, ZPM, and the Congress. Polling countdown begins as campaigning for Mizoram, Chhattisgarh Phase 1 to end today According to the Chief Electoral Officer's office, Mizoram, 8,52,088 voters including 4,13,064 male and 4,39,028 female voters will exercise their franchise in 1276 polling stations on Tuesday.

It’s down to the short strokes at family-owned bus operator Ventura Group’s $1 billion auction.

It’s that time of the year again, when Macquarie Capital’s quants redirect their skills away from trying to solve the financial markets to picking the winning horse for Melbourne Cup.

Westpac will ramp up investment spending to $2 billion a year as it finally attempts to rebuild its spaghetti-like technology platforms, and make up for 15 years of underinvestment since buying St George in 2008.

World Cup semifinals, Australia will look to banish middle-order woes and secure a final four spot against a fearless Afghanistan here on Tuesday. Only two places remain up for the taking with rampant India slated to finish atop the World Cup points table.

electoral bonds started on Monday amidst assembly elections in five states — Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana and Mizoram. This round of electoral bonds comes in a short interval of about a month after the 28th phase, which opened for sale on October 4. The government approved issuance of the latest round of electoral bonds, days after the Supreme Court reserved its verdict on a batch of petitions challenging the validity of the electoral bonds scheme for funding political parties. On October 31, a five-judge constitution bench comprising Chief Justice D Y Chandrachud and Justices Sanjiv Khanna, B R Gavai, J B Pardiwala and Manoj Misra commenced hearing arguments on the four petitions, including those filed by Congress leader Jaya Thakur, the Communist Party of India (Marxist) and NGO Association for Democratic Reforms (ADR). After the detailed hearing on the matter, the apex court reserved the judgement on November 2. Two days after this, the government issued notification for issuance of latest round electoral bonds. It is to be noted that Mizoram and the first phase of Chhattisgarh assembly polls are to be held on November 7.

Haryana Chief Minister Manohar Lal Khattar has stepped forward to clarify that his administration has no say in the investigation. The remarks came following the registration of an FIR against prominent YouTuber Elvish Yadav and five others for their alleged involvement in a venom smuggling racket at a Noida party. Chief Minister Khattar previously appeared alongside Elvish Yadav at a fan meet.

The air quality index (AQI) in Delhi and the National Capital Region stayed in the “very poor" and “severe" zone on Monday morning. Of the 10 cities with the worst air quality at 11 am, four were in Haryana, and five were in Uttar Pradesh. The national capital, Delhi, recorded a slight improvement in its air quality since Sunday, with the 24-hour average AQI declining to 436 at 11 am, data from the Central Pollution Control Board (CPCB) showed.

Air India has suspended its scheduled flights to Tel Aviv till November 30 amid the tensions between Israel and Hamas militant group in Gaza. Since October 7, the day Hamas militants stormed into Israeli territory and killed hundreds, Air India has not operated a scheduled flight to and from Tel Aviv, reported PTI. ‘Flights to Tel Aviv have been suspended till November 30,’ said an airline spokesperson on November 5.

assembly elections in five states. The government's decision follows closely behind the campaigning for the assembly elections in Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana, and Mizoram, which are scheduled to take place from November 7 to November 30. The vote counting is set to occur on December 3.

World Cup defeat for the South African team. The Eden Gardens roared as Virat Kohli struck a magnificent century, leading India to a commanding position. Ravindra Jadeja’s bowling was nothing short of spectacular, becoming the first Indian spinner to claim five wickets in a World Cup match.

Investing.com-- South Korea’s KOSPI index surged over 4% on Monday after the government reimposed a ban on short-selling shares in a bid to level the playing field for retail and institutional investors. 

The New York Times andSiena College paints a challenging picture for President Joe Biden. The polls reveal that in five out of six crucial battleground states, the president is trailing his likely Republican opponent, former President Donald Trump. This downward trend in public opinion can be attributed to widespread dissatisfaction with Biden's economic policies, concerns about his age, and doubts about his ability to govern.

Anurag Singh, Managing Partner, Ansid Capital, “we are very cautious on emerging markets. India is an exception, we will talk about it but outside India, for the rest of the emerging markets, look at the MSCI 10 year returns. They have been sub 3%. China, Brazil, Argentina, South Korea have produced some phenomenal companies, but market wise they have not produced great returns.” Singh also says: “China in a big way benefited out of an export-led economy. Now exports and trade as a percentage of global GDP is dropping. It peaked out about 8 to 10 years back and now it is the time where India empowers the domestic economy and looks at the domestic facing sectors.” Friday's rally is triggered by what is happening in the world. Are you comfortable with yields coming down all of that or are you still cautious? It is good to be back in India right now. I will continue to be cautious right now. We will discuss those four or five macro trends that I am going to pull out. We would observe that there is going to be a constant pressure on the 10-year yield of the US.

Narendra Modi declared an intent to extend by five years the free-food scheme brought in by the government as covid relief, rather than stretch it further bit by bit, as has been the case. It makes sense to give this food-security measure a long lease, given the vital role it plays in keeping hunger at bay, and will strengthen the Bharatiya Janata Party’s (BJP) pro-poor pitch.