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05.11 / 08:47
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Punjab: 560 cases of stubble burning reported in Ludhiana so far this year
Air Quality Index (AQI) in several parts of Delhi-NCR is reeling under the 'severe' category, nearly 560 cases of stubble burning have been reported in Ludhiana so far. A fine of about Rs 2 lakh 32 thousand has been imposed in 95 cases. In some cases, a red entry has also been filed.
05.11 / 08:47
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China will show no mercy towards Taiwan's independence: CMC Vice Chairman General Zhang Youxia
China will show no mercy towards Taiwan's independence. This comes despite turmoil in the top ranks of the country's armed forces, Voice of America (VOA) reported. General Zhang Youxia, vice chairman of China's Central Military Commission (CMC), said: «No matter who wants to separate Taiwan from China in any form, the Chinese military will never agree and will show no mercy.» His remarks came at the 10th Xiangshan Forum in Beijing on Monday.
05.11 / 06:53
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Q2 results so far: Total revenue up 4.2%, bottomline rises 47.8%
The combined revenue of the companies that have declared their September-quarter financial results so far has risen 4.2% year-on-year, while net profits have risen 47.8%, a Mint analysis showed. Excluding the companies in the banking, financial services and insurance (BFSI) sectors, the topline contracted 1.7%, while profits were up 55.3%.
05.11 / 06:53
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The world economy is defying gravity. That cannot last
all but given up on its promise to peg ten-year borrowing costs at 1%. Some people, including Janet Yellen, America’s treasury secretary, say these higher interest rates are a good thing—a reflection of a world economy in the rudest of health. In fact, they are a source of danger.
05.11 / 06:53
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In charts: The sorry state of fundraising at India’s NGOs
₹100 crore in 2021-22, showed an analysis of annual reports by impact consulting firm Sattva Consulting. Contrast this with the corporate social responsibility (CSR) spending of India's largest companies: 34 exceeded a budget of ₹100 crore in the same year, and the combined incomes of the top 100 NGOs was 30% less than the combined CSR budget of the top 100 spenders. The study, whose data was exclusively shared with Mint, analysed the incomes of 176 of the largest non-governmental organizations (NGOs) in India in 2019-20, 2020-21 and 2021-22.
05.11 / 06:53
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Stocks to buy: Here's why Arvind Fashion and L&T Finance are a buy
1) BUY L&T FINANCE HOLDINGS AT ₹140-136 | SL: ₹130 | TARGET: ₹150/152 RATIONALE: L&T Finance Holdings shows promising signs for potential investors. It has recently closed near a strong resistance level, signalling a potential breakout. Additionally, it's trading above its 20-day moving average, confirming short-term bullish sentiment.
05.11 / 06:53
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In charts: Delhi AQI at 463 today, Kaithal in Haryana is most polluted
The air quality index (AQI) in several cities in northern India stayed severe on Sunday morning. Of the 10 cities with the worst air quality at 11 am, five were in Haryana, and four were in Uttar Pradesh. The national capital, Delhi, recorded one of its worst air quality days so far, with the AQI reaching a level of 463, data from the Central Pollution Control Board (CPCB) showed.
05.11 / 06:37
05.11 / 06:37
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Making brownies have never been easier...
But how many times have I acted this out? Not nearly enough, despite my adult baking skills and the freedom to whip up a pan of the fudgy treats anytime the craving strikes. Maybe that's because by the time I've measured and mixed the batter, poured it into a parchment-lined pan and baked it, that childhood longing has been tamped down by more sensible and mature inclinations. This brownie recipe is the antidote to all that grown-up moderation. I created it for my new YouTube show, "Shortcut vs.
05.11 / 06:29
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Egypt's non-oil activity shrinks in October as inflation, supply shortages bite -PMI
CAIRO (Reuters) — Egypt's non-oil private sector shrank for a 35th consecutive month in October as inflation, supply chain problems and a lack of access to foreign currency continued to bite into business activity, a survey showed on Sunday.
05.11 / 06:29
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New orders lift Saudi non-oil business activity growth to 4-month high-PMI
DUBAI (Reuters) — Growth in non-oil business activity in Saudi Arabia accelerated for a second consecutive month in October, a survey showed on Sunday, with new orders supporting an overall expansion in activity which led to a sharp rise in employment levels.
05.11 / 06:17
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Radhika Gupta becomes a ‘Shark’! Edelweiss Mutual Fund CEO joins ‘Shark Tank India’ jury
Shark Tank India’! And it’s none other than Radhika Gupta, the Managing Director and CEO of Edelweiss Mutual Fund. The entrepreneur will join the jury for the third season of the popular reality TV show. On Sunday, Gupta broke the news to her followers on X (formerly Twitter). Taking to X, she encapsulated her entrepreneurial journey, from founding a company to nurturing one and finally, helping budding entrepreneurs materialise their dreams.
05.11 / 06:17
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Will Nifty follow seasonality trend ahead of Diwali? Anand James does the chart reading
A Bollinger band is indicating that Nifty may rally in the Diwali week but two Doji candles formed in the last days do not inspire confidence towards an outright uptrend early next week, says Anand James, Chief Market Strategist at Geojit Financial Services. Edited excerpts from a chat: In the last 9 out of 10 instances, Nifty has given positive returns in the period between Navratri and Muhurat trading. Do you see history repeating this time as well? What would be your targets for the week? Prospects of the same are supported by a narrowing Bollinger band and the fact that we are coming off a low base after a steep and sustained downtrend from a record peak. FIIs’ shorts in index futures being at an extreme position also support the prospects of a push higher. But even as we continue to look for 19,420 as the immediate target, the two dojis in the last two days do not inspire confidence towards an outright uptrend early next week. The inability to float above 19,230 initially, could point towards this but dips towards 19,180 or slightly below could augur well towards resuming upsides. Mid and smallcap bounced back and outperformed. Do you think that the recent correction has made the rally stronger in the broader market?
05.11 / 06:17
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Pakistan: Short-term inflation surges to 29.88% after rise in price of kitchen products
inflation in Pakistan has surged 29.88 per cent year on year in the week ending on November 2 due to the increasing prices of kitchen products, according to official data released on Friday, Dawn reported. In May, the SPI stayed above 45 per cent for three weeks after hitting an all-time high of 48.35 per cent on May 4. The rupee's depreciation, rising petrol prices, sales tax, gas bills and electricity bills are among the key contributors to this inflationary trend. Pakistan's consumer inflation in October was 26.9% year-on-year compared with 31.4% in September, statistics bureau data showed, as the country awaits its first review following a loan from the International Monetary Fund (IMF). Weekly Inflation The weekly inflation also increased 0.71 per cent on a week-on-week basis.
05.11 / 05:51
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Assembly elections 2023: Polling countdown begins as campaigning for Mizoram, Chhattisgarh Phase 1 to end today
Associate of Democratic Reforms (ADR), BJP has the largest share of candidates with criminal backgrounds who will be contesting in the upcoming Chattisgarh state assembly elections. Out of the all the candidates, 26 disclosed a criminal case on them.
05.11 / 05:51
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Israel-Gaza War: Protests outside Israeli PM Netanyahu's residence, demands for 'bring hostages home now' grow louder
Reuters. Exciting news! Mint is now on WhatsApp Channels. Subscribe today by clicking the link and stay updated with the latest financial insights! Click here! Hundreds of Hamas gunmen stormed into southern Israel on October 7, killed over 1,400 people and took more than 240 hostage.
05.11 / 04:51
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Birth of 'vegan' cheese: How invention of microbial rennet conquered orthodox Indian market
or confrontations over meat, with large scale food production usually exacerbating these issues. It’s good to learn of one case where potential controversies have been overcome by scientific research and commercial compulsions. This is with cheese, whose basic origin seems calculated to cause conflicts because it involves milk curdled with rennet, a set of enzymes found in animal stomachs. Histories of cheese suggest it was first made when milk was stored in the stomach of calves, whose milk diet requires them to have rich reserves of rennet. In 'On Food And Cooking', Harold McGee’s authoritative book on food science he writes that over 2,000 years back shepherds started making a brine extract from stomachs of young animals to curdle milk: “That extract was the world’s first semi purified enzyme.” Acid also curdles cheese, as anyone who has added lime juice to milk knows.
05.11 / 04:51
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3 points to consider while analysing companies based on fundamentals
Vivek Karwa, Chief Executive Officer — Vridhi Investment, says “the first thing to look at is how long the company has been in business. That is one important point. And is there any more? For example, when you talk about paints, which company comes to your mind? When you talk about theatres, which company comes to your mind? So there are companies which have extremely high moat and brand recall. Those companies always tend to do better.” What is fundamental analysis and what should one keep in mind while analyzing companies based on fundamentals? There is no one fixed formula even in fundamental analysis. There are so many things. And anytime you analyze a company, there are so many revolving parts and you have got to put everything together and then come to a conclusion whether you want to buy or not.
05.11 / 03:31
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Israeli bombing kills over 30, mostly children and women, in Gaza's Al-Maghazi camp
AFP. While Palestinian news agency WAFA said 51 Palestinians were killed in the Israeli bombing of Gaza's Maghazi camp. In a statement released on Telegram, Hamas claimed that Israel had "directly" struck civilian homes, noting that women and children made up the majority of the fatalities.
05.11 / 03:31
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Punjab farmers force officer to burn stubble, CM Bhagwant Mann says ‘severe action will be taken’
stubble burning were made to set the crop residue on fire. It shows that the official's hand was held by two farmers as they forced him to set the stubble on blaze with a match stick. The incident took place in Mehma Sarja village on Friday when a team led by a special supervisor went there to check stubble-burning incidents.
05.11 / 03:31
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Early Bird to Midnight Owl: 'Tiger 3' advance booking offers shows from 6 AM to midnight. Check prices here
Tiger 3 represents the third instalment in the film series that started with Ek Tha Tiger in 2012 and was followed by Tiger Zinda Hai in 2017. Helmed by Maneesh Sharma, 'Tiger 3' will be released this Diwali in Hindi, Tamil and Telugu.
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