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trust and reliability make the foundation of the country's ties. His comments at the NDTV World Summit came amid deepening chill in India's ties with Canada as New Delhi recalled six of its diplomats including the high commissioner, and expelled as many Canadian envoys. In his address, Modi made no direct reference to the incidents involving Canada. The bilateral ties have soured over Canada's allegations of India's hand in the killing of a radical Khalistani activist, a Canadian citizen. India has denied the charge and asserted that Canada had been unable to provide any evidence to back its claim.

HDFC Asset Management Company (HDFC AMC) has announced its onboarding on the Open Network for Digital Commerce (ONDC), becoming one of the first AMCs to join hands with this network. By enabling mutual fund distributors to access a broader range of AMCs and vice versa, the ONDC Network is set to revolutionise how investment products are distributed. This integration marks a significant milestone in the financial services sector, as it aims to democratise access to mutual fund investment products across the country, according to a press release. The integration aligns with HDFC AMC's broader mission of becoming the wealth creator for every Indian. By leveraging ONDC's open protocol, the initiative will bring mutual funds to the masses, enabling more first-time investors to take part in India’s growth story, said the release.

Dr. S. Jaishankar addressed the evolving dynamics of global relations, particularly focusing on India’s complex relationship with Canada, at an event in New Delhi. While speaking at NDTV World Summit 2024, the minister remarked on the shifting priorities in diplomatic discussions, noting a noticeable change in focus from the U.S. to Canada. Addressing specific concerns regarding Canada, Jaishankar pointed out issues related to diplomatic conduct. He noted that Canada had requested an inquiry into India's High Commissioner, prompting India to withdraw its diplomats. He contrasted this with the actions of Canadian diplomats in India, who he claimed freely gather information about India’s military and police, while imposing restrictions on Indian efforts to ensure the welfare and security of its diplomats in Canada.

Russia has never done anything to impact India's interests negatively, said External Affairs Minister S Jaishankar on Monday at the NDTV World Summit. Prime Minister Narendra Modi is set to attend the BRICS summit in Russia from October 22-23 at the invitation of Russian President Vladimir Putin. In July this year, PM Modi visited Russia, his first since Moscow launched its invasion of Ukraine, a war that has complicated the relationship between the longtime allies and pushed Russia closer to India's rival China.

Silver touched a historic high of Rs 1 lakh per kg with a Goods & Services Tax (GST) of 3 per cent in the physical market on Monday, up by almost Rs 5,000 per kg from Friday. “Prices may soon touch Rs 1.25 lakh per kg. Silver, the poor man’s gold, is on a bull run as industrial demand of the metal is on the rise. Also the rising gold prices is impacting the price rally of silver,” said Prithviraj Kothari, president of India Bullion & Jewellers Association (IBJA). Jateen Trivedi, VP Research Analyst- Commodity & Currency at LKP Securities said "Silver prices have gained strong upward momentum, with physical market prices surpassing Rs 100,000 per kg in India. As gold prices soar, retail buyers are increasingly turning to silver, viewing it as a relatively cheaper alternative at these levels, especially with gold now touching ?78,000 for 10 grams. The rise in silver is being driven not only by its appeal as a more affordable precious metal but also by increasing demand from the electric vehicle (EV) sector and photovoltaic applications, which is expected to sustain global demand in the medium to long term.”

Delhi Police has beefed up security arrangements in various markets, which are bustling with shoppers during the festival season, and asked the railway and Metro staff to be on high alert following the blast in front of CRPF school in Rohini's Prashant Vihar area, officials said on Monday. The strong explosion ripped through a wall of the CRPF school on Sunday morning. No one was hurt in the blast which also damaged hoardings of nearby shops and window panes of vehicles parked near the site. «We have asked our staff to keep a tight vigil on every single railway and metro station. Additional force deployment will be made to check any suspicious activities,» a senior police officer said. The officer said that joint patrolling teams with the Railway Protection Force (RPF), Government Railway Police (GRP) and other stakeholders have been deployed.

Sakshi Malik expressed that Indian wrestlers Vinesh Phogat and Bajrang Punia's choice to accept exemptions from the Asian Games trials last year negatively impacted the image of their protest against Brij Bhushan Sharan Singh. She further explained in the book that the move by the two wrestlers made the protest appear «selfish.» Malik criticised the decision to accept the exemption, stating it damaged the protest's reputation and led supporters to question the sincerity of their movement. The protest concluded after police halted their march toward the new Parliament Building on May 28, 2023. In her book, Witness, co-authored with journalist Jonathan Selvaraj, Malik noted that the protest began to falter as «greed» influenced those close to Punia and Phogat.

Allied Blenders and Distillers Limited (ABDL), the third largest spirits company in India, has partnered Roust Corporation, one of the largest vodka producers in the world to launch Russian Standard Vodka in India. The new strategic distribution agreement underscores ABDL's wider strategy of offering premium and luxury products to Indian consumers. Russian Vodka is the largest selling vodka in Russia with 30% market share in the premium category and is exported to over 85 countries. ET was the first to report the development on 12 August this year. The strategic arrangement between ABDL and Roust Corporation leverages the strengths of both companies. ABDL's distribution network and consumer marketing expertise will complement Roust Corporation’s globally renowned vodka premium portfolio namely Russian Standard Original, Gold and Platinum, it said in a statement.

Lieutenant Governor Manoj Sinha on Monday said security forces will avenge the construction workers' death in the brutal attack in Ganderbal, and «exact a price» that the terrorists will remember for the time to come. Sinha called for justice to the victims as he blamed Pakistan for «still trying to kill innocent people» in the region to disrupt peace. Seven persons including a local doctor and six non-local labourers were killed while five others sustained injuries in a terror attack at an under-construction tunnel at Gund in Ganderbal district. In a post on X, Sinha said, «The brutal and savage attack against construction workers will be avenged. I've asked the J&K Police, security forces to exact a price that will be remembered by the terrorists and their associates for time to come.»

Bombay High Court seeking stringent guidelines to prevent black marketing and ticket scalping for major events. This follows concerns raised about irregularities in the sale of tickets for Coldplay's upcoming concert in Navi Mumbai, scheduled for January 2025. The petition, brought by advocate Amit Vyas, was mentioned for urgent hearing before a division bench of Chief Justice D K Upadhyaya and Justice Amit Borkar on Monday.

«UltraTech’s ambitious capacity expansion capitalises on the substantial long term growth potential of India’s cement sector. Its growth trajectory aligns closely with India’s broader growth story. By increasing its scale, the Company will meet the rising demand for cement nationwide,» said the press release by the Aditya Birla-owned entity. Moreover, to meet India's growing demand for cement, UltraTech plans to exceed its total capacity by 200 MTPA by FY27 through the acquisitions of Kesoram Cement (10.75 MTPA) and The India Cements (14.45 MTPA). This expanded manufacturing footprint is expected to help the Birla cement firm reduce operational costs, and improve customer service by leveraging the company’s nation-wide presence and its distribution network, UltraTech further said in the exchange filing.

Rahul Gandhi apologise for allegedly tarnishing the dignity of Indian women. The PIL stemmed from a claim that Gandhi had falsely accused former Janata Dal (Secular) MP Prajwal Revanna, who is facing charges of rape and sexual abuse, of «raping 400 women and filming the act,» describing it as «mass rape» and not a sex scandal. A bench comprising Chief Justice NV Anjaria and Justice K Aravind dismissed the petition, stating that it was a waste of judicial time. The Court also imposed a Rs 25,000 fine on the petitioner, the All India Dalit Action Committee, for filing the plea. The petitioner's counsel argued that Gandhi's remarks, made during a public speech, were highly irresponsible and offensive, particularly to the women of Hassan. He pleaded the Court to issue a notice to Gandhi, compelling him to respond to the allegations.

Maharashtra assembly polls, the opposition Shiv Sena (UBT) on Monday alleged there were attempts to include bogus names in the voters' lists across 150 assembly constituencies which it claimed the BJP was planning to contest. An editorial in 'Saamana', the mouthpiece of the Sena (UBT) led by former chief minister Uddhav Thackeray, also claimed such «tampering» was being resorted to as the BJP fears a defeat in the state polls. Elections to the 288-member Maharashtra assembly are scheduled on November 20, and vote counting will be held on November 23.

Kunal Kamra has once again found himself in a spat with Ola- this time for highlighting troubling allegations regarding Ola’s service practices. In a recent post on X (formerly Twitter), Kamra shared an incident that allegedly took place at an Ola service centre, drawing attention to the behaviour of the company's bouncers. «Hey @bhash You’ve sold such an innovative indian product you’ve had to hire bouncers to protect the staff,» Kamra wrote in his post on X, tagging CEO Bhavish Aggartwal.

maternity leave pregnant again, was awarded a compensation of 28,000 pounds by an employment tribunal. The woman Nikita Twitchen, 27, was preparing to return to her office after having a baby when she found out she was expecting again. Before she could join back, her managing director Jeremy Morgan sacked her from her job to stop her going on another 36-week maternity leave, Daily Mail reported. Nikita Twitchen, an office administration assistant at First Grade Projects, began her role in October 2021. Left with no options to make her ends meet, Nikita was forced to take cleaning jobs while pregnant to support her family. She then took the building services firm First Grade Projects to an employment tribunal, launching an unfair dismissal claim, alleging that her pregnancy was the reason for her termination, where a judge ruled she was unfairly dismissed. ALSO READ: A Dive into Romance: Saudi couple gets married underwater in the Red Sea with attendees of fellow divers

real estate sector increased 31 per cent year-on-year to USD 4.61 billion in January-September 2024 amid strong consumer demand, according to Vestian. Real estate consultant Vestian on Monday released its report on 'Investment in Indian Real Estate', observing that funds' inflow from institutional investors in the first nine months of 2024 has already surpassed the total for 2023. «Investors have shown confidence in India's growth story on the back of robust GDP growth. As a result, the real estate sector witnessed increased participation from foreign investors which led to institutional investments touching a billion mark in Q3 2024,» Shrinivas Rao, CEO of Vestian said. He noted that domestic investors are also actively participating, supported by the rapid infrastructure development across the country.

Subscribe to enjoy similar stories. Large companies and late-stage tech companies, along with government agencies and venture capital firms, are increasingly looking for ways to stay close to the startup ecosystem, launching in-house accelerators and incubators to remain agile and fend off competition that's nipping at their heels. While edtech unicorn PhysicsWallah launched its PW School of Startups in September, gaming unicorn Games24x7’s TechXpedite was renewed for a second edition this month.

Middle East's biggest hypermarket chains, kicked off an initial public offering on Monday that bankers say could be the UAE's largest this year. The offering by the conglomerate that runs more than 240 stores in the six countries belonging to the Gulf Co-operation Council comes during a retail spending boom in the region that is spurring domestic listings by companies in the sector. The listing, set to run from Oct. 28 to Nov. 5, will offer more than 2.582 billion shares, which are expected to start trading on the Abu Dhabi Securities Exchange on Nov. 14, Lulu's IPO document showed.

https://x.com/FlockerzToken/status/1840049282889724227

credit market is growing so fast that a rush of new participants into the direct-lending sector is fueling concern about a weakening of lending standards. “We have seen a bunch of first-time managers raise a lot of local capital,” Indranil Ghosh, head of Pan-Asia special situations at Cerberus, said at the Bloomberg India Credit Forum in Mumbai on Friday. “With some of those managers, I suspect that the underwriting standards, the diligence standards, the structuring, covenants are slightly lighter than what a lot of the global firms and well-established domestic institutions are used to.” Also Read: RBI may act against more NBFCs to check obscure lending practices: Morgan Stanley

While established altcoins benefit from strong communities, new projects have higher growth potential. That explains the hype surrounding crypto presales. Here are three new crypto ICOs to watch now.