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Justin Trudeau is supposed to respond Monday to a group of Liberal MPs demanding his resignation as party leader, but the prime minister has already made his plans clear.

Subscribe to enjoy similar stories. Israel’s airstrikes early Saturday didn’t just destroy critical Iranian military infrastructure. They also battered the reputation of Russian military equipment, which has already been pummeled by poor performance during Moscow’s invasion of Ukraine.

Russia wholeheartedly welcomes that the first meeting between the Indian PM and Chinese President has happened in Kazan on the sidelines of the BRICS Summit as dialogue and stable relations between India and China is important for the security of Eurasia. “We are happy that the first meeting between PM Narendra Modi and President Xi Jinping in five years have happened in Kazan. A dialogue and stable relations between India and China is important for the security of Eurasia,” Russian Ambassador to India Denis Alipov said in response to a question by ET at a special briefing on the BRICS Summit. «We are hopeful that India and China, as major civilisations possessing unique political wisdom, will find ways to achieve progress in the border issue and a normalisation of bilateral ties based on mutual respect of sensitive interests,” Alipov noted.

Real-world assets are physical and tangible items. This includes real estate, commodities, art, intellectual property, and even more specialised assets such as rare collectibles. Historically, these assets have been hard to trade on short notice because of complexities pertaining to transfer of ownership, high transfer costs, and liquidity problems. But with the rise of blockchain technology, there has been a game-changing innovation of tokenisation that makes fractional ownership, rapid transactions, and greater transparency possible. In simpler terms, tokenising RWAs means embedding the value of traditional assets into a digital token that is secured on the blockchain and is much simpler to trade as well as transfer. This digitisation creates significant value by providing these assets to a broad base of investors, breaking down the barriers that have traditionally limited their liquidity and trading volume. Rexas Finance (RXS): Unlocking the fut

Apple has opened up its private cloud compute to researchers, offering up to $1 million to anyone who finds a hole in the secure cloud platform that supports its Apple Intelligence features. Put in simple, the company has expanded its bug bounty program. It will offer upto Rs 8 crore to anyone who can hack its new fleet of AI-focused servers meant for Apple Intelligence. According to a report in Zdnet, Apple recently unveiled a challenge to test the security of the servers that will play a major role in its Apple intelligence services. ALSO READ: Digital condom: German company launches Camdom app. Know how it works

Also read: Amazon Great Indian Festival ends soon! Get Dhanteras essentials with over 80% off on diyas, idols, and moreThis festive season, Amazon’s Great Indian Festival Sale showcases two-wheelers, all categorised under the Shubh Mahurat section. Choose from efficient petrol bikes and eco-friendly electric scooters, both available at competitive prices.

DLF on Monday rallied 8% to an intraday high of Rs 839.55 on the BSE after reporting a consolidated net profit of Rs 1,381 crore for the quarter ended September 30, 2024, versus Rs 623 crore posted in the year-ago period. This was a 122% jump on an year-on-year basis.

CAG is set to conclude in November, and a high-ranking official with close ties to the Modi administration is likely to be chosen to oversee the Centre's financial oversight. While Murmu's position requires a new appointee, three other pivotal roles — the Reserve Bank of India (RBI) Governor, Chief Economic Adviser (CEA), and Securities and Exchange Board of India (SEBI) Chairperson — offer the possibility of reappointment. Following Murmu’s tenure, attention will shift to the RBI’s leadership. Shaktikanta Das, who became RBI Governor in December 2018 after the sudden resignation of Urjit Patel, is nearing the end of his second term. Das, a former bureaucrat known for maintaining strong government relations and navigating India’s financial landscape smoothly, may either continue in this role or pass the mantle, with a decision expected in December.

Subscribe to enjoy similar stories. KYIV, Ukraine—Ukraine is widening its dragnet in the search for troops to shore up its creaking front lines, conducting spot checks of men at upscale venues including a concert and a wine store in Kyiv and a street of hip eateries in Odesa. The stepped-up efforts show the difficulties Ukraine faces in raising new soldiers to backfill front-line losses as the war approaches the three-year mark.

«I think the leaders of the banking space have been reporting decent results. So, there have been some MFI stresses well known and it has been there in the news flow for some time and the banks who have been exposed to that have had to take write-offs,» says Sandip Sabharwal, asksandipsabharwal.com. But it does not look it is going to be that happy Diwali at least at the moment for the markets and earnings have not been that great, I mean barring ICICI Bank which has reported as stellar set, if you look at an IDFC First Bank that has been a bit of a disappointment. What is your view on the bank earnings so far? Sandip Sabharwal: So, banks and financials if you combine them together, the results have been mixed. So, on one side for banks or financials who were more focused on the MFI unsecured side of the business, there we are seeing stress. On the secured side of the business, there does not seem to be any significant stress at this stage. So, ICICI Bank results were quite good. HDFC Bank results were decent. Axis results were pretty good. So, I think the leaders of the banking space have been reporting decent results. So, there have been some MFI stresses well known and it has been there in the news flow for some time and the banks who have been exposed to that have had to take write-offs.

reverse repo operations facility and would use it to trade with primary dealers in open market operations on a monthly basis. The bank took the decision to maintain a «reasonable abundance of liquidity in the banking system and further enrich the central bank's monetary policy toolbox,» it said in a statement.

Subscribe to enjoy similar stories. Another urgent conflict in the Middle East is playing out on the border between Syria and Jordan: a war against captagon, an amphetamine-like drug that’s taken off across the region. The drug cuts across social class and borders.

Israeli hostages for some Palestinian prisoners, the Times of Israel reported. This proposal, which includes an additional 10 days of negotiations following the release of the hostages, was presented to Israel's national security cabinet last week by Israeli Security Agency Shin Bet chief Ronen Bar, Times of Israel reported citing Channel 12. While most ministers and security officials supported the idea, Finance Minister Bezalel Smotrich and National Security Minister Itamar Ben Gvir opposed it.

foreign portfolio investors (FPIs) betting on India, have asked the Reserve Bank of India (RBI) to consider a tweak in the rule to facilitate same-day settlement of stock trades, better known as T-plus-zero (or, T+0). They want the banking regulator to enable FPIs to have a mechanism where funds can be organised from banks during the day to buy shares and squared off in evening-an arrangement that would be handy once the shorter settlement cycle of T+0 is extended for institutional trades. In the T+0 cycle, the buyer gets the shares and the seller receives the money on the same day the trade happens. Indications are that the market regulator Securities & Exchange Board of India (Sebi), wants custodian institutions to be ready for T+0 settlement for FPI and other institutional trades by end December or early January as the Sebi chairperson is believed to be keen on executing this before her term ends in February 2025, two industry persons told ET.

Bank of India (RBI) is faced with is the visible clout of various money market segments at the cost of the interbank call money market, which is the official platform through which the central bank seeks to pass through its interest rate actions. The overnight money market segment, which is used by various financial sector players for immediate funding requirements, is broadly made up of the call money market, the tri-party repo (Treps) market and the market repo segment. According to the RBI's monetary policy framework, the weighted average call rate (WACR) is the operating target through which the central bank aims to «facilitate transmission of repo rate changes through the entire financial system». This implies that whenever the RBI raises or lowers the repo rate, the WACR aligns with the new benchmark policy rate and accordingly financial market instruments of various tenures that use the call rate as a basis for overnight funding costs go on to reflect the central bank's rate changes.

Shiv Sena on Sunday released the second list of candidates for the upcoming state elections in Maharashtra, scheduled for November 20. The Shinde faction has fielded former Congress LS MP and currently Shiv Sena RS MP Milind Deora from Worli assembly seat against sitting MLA Aaditya Thackeray of the Shiv Sena (UBT). Another big name to feature in the list is Sanjay Nirupam who bagged a ticket for Dindoshi seat. The Maharashtra Assembly elections are scheduled for November 20, with counting for all 288 constituencies set for November 23. In the 2019 assembly elections, the BJP won 105 seats, the Shiv Sena 56, and the Congress 44. In 2014, the BJP secured 122 seats, the Shiv Sena 63, and the Congress 42.

Hamas leader Yahya Sinwar has ignited debate over who could govern war-ravaged Gaza as Israel presses its war in the Palestinian territory, vowing to eliminate the militants. Palestinians insist Gaza's future should be theirs to decide, rejecting any foreign intervention. But many in the international community are signalling a readiness to shape the territory's post-war future, even as a ceasefire remains elusive.

Diwali and Chhath Puja festivities, Indian Railways has announced the deployment of over 7,000 special trains, including clone trains, to accommodate the expected surge in passengers. Dilip Kumar, Executive Director of Information & Publicity at the Railway Board, highlighted several measures being introduced by the Railway Ministry to handle the increased demand.

Narendra Modi has congratulated Arjun Erigaisi, the Indian chess prodigy who recently achieved a significant milestone by surpassing the 2800 Elo rating mark in live chess ratings. This accomplishment makes Erigaisi the youngest Indian and only the second player from the country, after the legendary Viswanathan Anand, to cross this coveted threshold. The 21-year-old grandmaster reached this milestone on October 24, during the 2024 European Chess Club Cup. Representing Team Alkaloid, Erigaisi secured victory in a critical fifth-round match against Russian player Dmitry Andreikin, playing with the White pieces.

Last 3 days of Amazon Diwali Sale Live Updates deliver unbeatable savings across a vast selection of categories, still giving you a chance to upgrade your home essentials at the best discounts of the year. Tech enthusiasts will love the markdowns on laptops, tablets, and smartphones, offering superb deals on top brands.Home appliances are also prominently featured, with discounts on air conditioners, washing machines, refrigerators, vacuum cleaners, and televisions.

People's Liberation Army were arrested in Manipur's Tengnoupal district, police said on Sunday. They were held by a team of Assam Rifles from the vicinity of border pillar number 87 on Saturday and handed over to the police, an official statement said. The two have been identified as N Priyo Singh (21) and S Devjit Singh (21) and handed over to Pallel Police Station, it added. On Friday, security forces apprehended one cadre of the outlawed Prepak (Pro) from Yanghoubung village near the India-Myanmar border, an officer said.