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Rishi Sunak recently showed strong support towards skilled migrant workers stating that ‘half of the UK's innovative companies have an immigrant founder’ and ‘it is the best country in the world to invest and do business ’ Amid growing calls to reduce immigration, he lauded the UK's "most competitive visa regime," positioning it as the world's best for investment and business. While speaking at Global Investment Summit, the UK PM said, “We don’t have a monopoly on talent in this country, and we recognise that nearly half of our most innovative companies have an immigrant founder." He further praised the country’s ‘most competitive visa regime’ and said “So, if you’re an innovator, an entrepreneur, a researcher, you should know that the most competitive visa regime for highly skilled international talent is right here in the United Kingdom." His intervention comes against the backdrop of discontent within his own Conservative Party ranks after last week’s Office for National Statistics (ONS) data revealed record-high annual migration to the country and former home secretary Suella Braverman’s allies laid the blame squarely at Downing Street’s door.

The Indian Express, citing sources said, the government may include a possible four-hour window for the first transaction between two users for online transactions above ₹2,000. The proposed measure would cover not just include Unified Payments Interface (UPI) but also other digital payment methods such as Immediate Payment Service (IMPS) and Real Time Gross Settlement (RTGS), the report added. 5 tips to safeguard your UPI transactions At present, if a user creates a new UPI account, they can send a maximum of ₹5,000 in the first 24 hours.

GAIL (India) Ltd. gained 1.2 per cent to Rs 126.0 at 12:58PM (IST) in Tuesday's trade. The scrip hit a high of Rs 126.2 and low of Rs 123.6 so far during the session.

Havells India Ltd. dropped 0.57 per cent to Rs 1286.25 at 12:53PM (IST) in Tuesday's trade. The scrip has hit a high of Rs 1293.85 and low of Rs 1284.0 so far during the session.

housing societies across the country, the Bombay High Court recently ruled that housing societies in India are allowed to collect charges for cultural and recreational activities. Dismissing a petition filed against a resolution passed by a housing society 17 years ago on levying mandatory charges for ‘cultural activities’, the court stated that housing societies should organize such activities as part of their objectives, a TOI report stated. Justice Madhav Jamdar emphasized the importance of social and cultural activities for housing societies, citing bye-law 5(d) which specifically mentions these activities as one of the objectives.

Agniveer training in the Indian Navy allegedly committed suicide by hanging herself in her hostel room at INS Hamla in Mumbai, police said on Tuesday. The woman, hailing from Kerala, was undergoing training at the INS Hamla in Malwani area in the western suburb of Malad, an official said.

Archaeological Survey of India (ASI) has demanded 21 more days to submit the report pertaining to the Gyanvapi Mosque Survey, reported Times Now on Tuesday. The original deadline for the scientific survey report was set for November 28, 2023. The Varanasi District Judge had granted the ASI a 10-day time to file its report. The Court had earlier asked it to submit its survey report by November 17.

S&P 500 (SPX) recorded the fourth consecutive weekly close higher last week, ultimately closing at the highest level since July. It also marks the longest weekly run since June.

Investing.com — Here is your Pro Recap of the biggest analyst picks you may have missed today: upgrades at Roku, YPF Sociedad Anonima, Teva Pharma, and Federal Realty Investment Trust.

₹2 lakh for sharing inappropriate posts about Bharat Pe, despite giving assurance to the court that he wouldn't do so., Hindustan Times reported. HT noted that the court, however, dismissed Bharat Pe's plea to prohibit Ashneer Grover from posting defamatory content.

Raymond Limited, the world’s largest integrated fabric manufacturer and India’s largest producer of worsted fabric, are paying a heavy price as they watch this drama unfold. Ever since Gautam Hari Singhania, the chairman and managing director of Raymond, took to social media platform X to announced that he was in the process of divorcing his wife of 24 years, Nawaz Modi Singhania, who’s also a promoter-director on the Raymond board, the company’s stock has been in freefall. Over Rs1,700 crore of shareholder wealth has already been wiped out after Singhania’s family troubles became public.

Tale of two states: What numbers tell us about AP, Telangana 1. As many as 2,290 contestants are in the fray for the upcoming elections, including BRS supremo and Chief Minister K Chandrasekhar Rao, his minister-son KT Rama Rao and BJP Lok Sabha members Bandi Sanjay Kumar, D Arvind, and Soyam Bapurao. EC withdraws permission to Telangana to disburse aid under Rythu Bandhu Scheme 2.

The Special Investigation Team formed to investigate the alleged $240 million crypto fraud in India will file chargesheet against the three main accused this week.

Taipei-based cryptocurrency trading and investment firm Kronos Research has initiated negotiations with the hacker responsible for the recent theft of $25 million from the company’s treasury. 

By Clyde Russell

TCS paid ₹30 crore salary to former CEO Rajesh Gopinathan in FY23 Recently, Gopinathan stepped down as chief executive officer after he got an extension for a 5-year term from 2022-2027. He was replaced by K Krithivasan who has over three three-decade of experience with the company. TCS CEO overhauls business structure TCS paid approximately ₹30 crore to Gopinathan in the financial year 2023.

India Meteorological Department (IMD) issued a warning for heavy rainfall in Madhya Maharashtra, Madhya Pradesh along with the potential for hailstorms. IMD reported heavy rainfall in Marathwada over the past 24 hours. Purna in the Parbhani district recorded the highest rainfall at nine cm, followed by Manvat and Parbhani with eight cm each.

Elon Musk that the tech mogul has "a huge role to play" in combating anti-Semitism, which his social media platform is accused of spreading, according to AFP reports. The meeting came after the world's richest person visited a kibbutz community devastated in attacks by Hamas militants on October 7, and met with Prime Minister Benjamin Netanyahu and defense officials. Musk has been criticized over what critics say is a proliferation of hate speech on X, formerly Twitter, since his takeover of the social media site in October 2022.

BSE rose 5 percent in intra-day deals on Tuesday, extending gains for 3rd session after global brokerage Jefferies initiated coverage on the stock with bullish outlook. Jefferies has initiated a 'buy' recommendation for BSE, setting a price target of ₹2,700, indicating an upside potential of 24 percent. The stock's lower forward P/E ratio compared to other market players suggests a potentially attractive investment opportunity, said the brokerage.

Launched in October 2018, Mint's macro tracker provides a monthly comprehensive report on the state of the economy, based on trends in 16 high-frequency indicators. For each indicator, the value in each month is assigned a colour-coding (red, amber and green) to denote where it lies relative to the five-year average (worse, in line, or better).

₹9.75 crore in its advance bookings on Monday, November 27. So far, a total of 3,34,173 tickets have been sold across 7,200 shows in India, according to Indian film trade portal Sacnilk. For Hindi 2D shows, as many as 2,73,425 tickets have been booked in advance, while 58,465 tickets are booked for Telugu 2D shows, followed by 1,504 tickets for Kannada shows and 779 for Tamil shows.