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Subscribe to enjoy similar stories. Consumers make choices about what and where they’ll eat based on quality, convenience and price. But higher up the hierarchy of needs is the requirement that the food you eat not sicken you—or, in a worst-case scenario, prove fatal.

V Vaidyanathan, MD & CEO, IDFC First Bank, says the microfinance sector's delinquency has been going up and other than IDFC First, other banks have also been affected. The good thing is IDFC’s delinquency as compared to the rest of the industry, is much less. SMA or pre-NPA is only 2.5% as compared to 3.5% to 4% or maybe 2.7% to 4% for similar banks. Also, now 50% of the portfolio is insured and it will reach 75% by March ‘25. Vaidyanathan also says that they have taken a big write-off on an infrastructure loan candidate who used to collect tolls from cars entering and leaving Mumbai. As the government has announced that no toll will be levied, this company was in dire straits. From next quarter, the name of this account will not be there anymore. Good comes with the bad and for the quarter gone by, there is a lot of good, but there is a lot of bad also. What shall we start with? V Vaidyanathan: We should start with the bad because people will want to hear what really happened this quarter and we need to explain.

Shakti Pumps (India) Ltd (SPIL) has reported a multifold jump in consolidated profit after tax in the quarter ended September to Rs 101.4 crore, on account of a surge in revenues. It had posted Rs 6 crore profit after tax (PAT) in the July-September quarter of the preceding 2023-24 fiscal, the company said in statement issued on Monday. During the second quarter, the company's revenue from operations also rose four-fold to Rs 634.6 crore, from Rs 152.8 crore a year ago.

C-295 aircraft facility inaugurated in Vadodara was earlier supposed to be set up in Nagpur and alleged that under Prime Minister Narendra Modi's instructions, the Centre and the Mahayuti dispensation have conspired to ensure the "wholesale surrender" of Maharashtra's interests. Congress general secretary in-charge communications Jairam Ramesh said the people of Maharashtra will give a befitting reply to the PM and his colleagues for their betrayal of the state. The opposition party's attack came after Prime Minister Modi and his Spanish counterpart Pedro Sanchez inaugurated the Tata Advanced System Limited (TASL)-Airbus facility to manufacture C-295 military aircraft in India. The Tata-Airbus facility is the first private sector final assembly line for military aircraft in India. «Today, the non-biological PM is in Vadodara to launch the Tata-Airbus C-295 aircraft facility. This exact same project was supposed to be set up in Nagpur, but was shifted to Gujarat in 2022 on the eve of the assembly elections there,» Ramesh said in his post on X.

The Current Challenges with Gen Z, Parents, and Their Attitudes – What's Being Missed? In this ever-evolving landscape, it’s important to ask: Are we really facing something new, or have previous generations also wrestled with similar challenges? While older generations may not have pursued higher education in the same numbers, today’s students and their parents seem to be navigating a far more complex world. For many families, tutoring has become a status symbol, not just a necessity. It’s no longer just about getting into a good college—it’s about winning a relentless academic rat race. But the real question remains: Does spending enormous amounts of money on education guarantee success? Can you truly buy your way to achievement?

Ajmera Realty & Infra India Limited on Monday reported a 57 per cent increase in its consolidated net profit to Rs 35.35 crore in the September quarter. Its net profit stood at Rs 22.53 crore in the year-ago period. Total income rose to Rs 204.12 crore in the second quarter of the current fiscal from Rs 147.59 crore in the corresponding period a year ago, according to a regulatory filing.

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.

Subscribe to enjoy similar stories. NEW YORK—“I’m thrilled to be back in the city I love," Donald Trump declared, taking the stage at Madison Square Garden to address thousands of his supporters at the mother of all campaign rallies. And so it was: part rock show, part revival; at once dark and grievance-laden yet often comedic and epically long.

Subscribe to enjoy similar stories. Thousands of Washington Post readers have canceled their subscriptions. Staffers have gone public with their outrage.

Subscribe to enjoy similar stories. Recently, the government marked the occasion of one decade of ‘Make in India.’ It was a trigger for many commentators to bring out their knives (sorry, keyboards) and point out that India’s manufacturing gross value added (GVA) as a share of total GVA has not risen, etc, contending that the programme has failed. Some find a way to see silver linings around clouds and some are adept at the opposite.

In abrdn's biannual Savings Ladder index, conducted by Opinium Research, a raft of reasons ranging from the change in government to falling interest rates have led younger investors to adopt a «use it or lose it» approach ahead of any potential tax tweaks in the Autumn Budget.  Overall, the nation's propensity to save and invest has edged up by four percentage points between May and September.  However, according to the report, «this figure masks a worrying intergenerational divide», evidenced by a growing propensity to save and invest among 18–34-year-olds, who exhibited a double dig...

Pieter Elbers, CEO, IndiGo, says the growth is pretty much what was expected and follows the usual seasonal trends. After the big jump after COVID, things are settling back into a more typical seasonal rhythm, similar to what we experienced in the Indian market before COVID, but with a lot more travelers, which is great for revenue. On the cost side, IndiGo faced a peak in AOGs due to global supply chain problems and some engine issues we've encountered, which has resulted in extra costs. IndiGo has been consistently beating market estimates. But for the quarter gone by, the story seems to be different. There is a drop in margin. This is one of the slowest quarterly growth you have reported in 12 quarters. What has led to this decline? Was it traffic? Was it an issue with aircraft? Could you just share more light on that? Pieter Elbers: Let me take a step back and see how India has basically recovered in terms of traffic post COVID.

Manufacturers led by BYD Co. have opened a new front in the fight for dominance of the auto industry by redefining “Made in China” as a global symbol of luxury for the electric-vehicle age. After challenging the likes of Mercedes and BMW AG in their home market, they’re taking the fight to Europe and making inroads. The clearest sign of their impact came on Friday, when Mercedes reported its weakest profitability since the former cars-to-trucks conglomerate broke itself up in 2021 to become more nimble. Porsche AG, the maker of the 911 sports car, said it’s weighing cost cuts and reviewing its model lineup after a demand slump in China caused earnings to plunge.

JSW Steel will cut down its capital expenditure in the current fiscal by ₹3,000-4,000 crore as it postpones the expansion planned for its blast furnace-3 at Vijayanagar to next year, and has transferred its slurry pipeline to JSW Infrastructure. India’s largest steel manufacturer will be spending ₹16,000 – 17,000 crore on capex this year as against ₹20,000 crore it had planned earlier, chief executive officer Jayant Acharya said. In July, JSW Steel transferred its slurry pipeline, which is currently under development, in Odisha to group company JSW Infra, effectively reducing its capex outgo, Acharya told ET in an interaction. JSW Infra will be purchasing the over 300 kilometre long slurry pipeline for ₹1,700 crore.

firecracker shop as a side business in his hometown, garnering significant public attention as Diwali approaches. Ray shared his new venture on X (formerly Twitter), sharing two photos of his setup and describing how he balances his main job with this seasonal business. Ray’s plan involves coding from 10 a.m. to 4 p.m. for his regular job and dedicating 4 p.m. to 9 p.m. to manage the cracker shop. “All set for opening up the (temporary) cracker shop this Diwali with 2 other friends,” he posted. “10 to 4 office/coding and 4 to 9 cracker shop,” he added.

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.

Aries Agro Ltd.(up 8.38%), Bohra Industries Ltd.(up 4.90%), National Fertilizers Ltd.(up 4.22%), The Fertilisers and Chemicals Travancore Ltd.(up 3.91%), Madras Fertilizers Ltd.(up 3.20%), Paradeep Phosphates Ltd.(up 3.18%), Rashtriya Chemicals & Fertilizers Ltd.(up 3.15%), Nagarjuna Fertilizers and Chemicals Ltd.(up 3.09%), Khaitan Chemicals & Fertilizers Ltd.(up 2.95%) and Sikko Industries Ltd.(up 2.77%) were among the top gainers.

Donald Trump hosted a rally featuring crude and racist insults at New York’s Madison Square Garden Sunday, turning what his campaign had dubbed as the event where he would deliver his closing message into an illustration of what turns off his critics.

The Conference Board publishes its consumer confidence index for October on Tuesday

Asian shares rose, as the yen dipped in the midst of political uncertainty after Japan’s ruling party lost its majority in Parliament’s lower house in weekend elections

Yes Bank shares are expected to remain in focus as the private lender reported a 145% jump in its September quarter standalone net profit at Rs 553 crore versus Rs 225.21 crore reported by it in the year ago period. The interest earned by the lender during the quarter stood at Rs 7,730 crore which was up 15% over Rs 6,711 crore reported in the corresponding quarter of the previous financial year.