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Preparations for Lic Ipo in full swing; Amarinder Singh Leaves Congress and Beyond

With the government intending to submit the DRHP for LIC’s initial public offering by January next year, MR Kumar, chairman of LIC India, said preparations are in full swing. Former Punjab Prime Minister Captain Amarinder Singh cut ties with Congress on Tuesday and sent his resignation letter to Party President Sonia Gandhi. October trade data is a mix of everything – higher imports, higher exports and also a higher trade deficit, here is some of the top news of the day

BUSINESS

Trade data for October a mixed bag with higher exports, imports, trade deficit

October trade data is a mix of everything – higher imports, higher exports and also a higher trade deficit. India’s exports have grown by over 40 percent compared to the previous year. Imports have increased by over 50 percent. And the trade deficit this month was the second highest at $ 20 billion. Continue reading

Pradip Chaudhari Arrest Case: Alchemist ARC accuses defaulters of “defaming” board members

Defaulting borrowers are trying to thwart the recovery process initiated by the lenders and the Alchemist Asset Reconstruction Company, the ARC said in a statement. They are harassing and defaming the board members of Alchemist ARC, SBI’s legitimate lender, it said. Continue reading

Gasoline prices top Rs 110 in Delhi and rise to Rs 115.85 in Mumbai

Oil marketers hiked gasoline prices across the country by 35 paise on Tuesday while diesel prices remained unchanged. The price of gasoline in Delhi was 110.04 rupees per liter and 115.85 rupees per liter in Mumbai. also read

MARKETS

Preparations for LIC’s IPO are in full swing, says Chairman MR Kumar

With the government looking to submit the DRHP for LIC’s IPO by January next year, LIC India chairman MR Kumar said preparations were in full swing and believed the deadlines would definitely be met. also read

Gold slips to 47,850 rupees; good time to take a stand?

Domestic gold prices fell in Dhanteras on Tuesday amid a rising dollar. Silver followed suit and followed trends in global precious metal prices. Experts suggest buying the yellow metal at Dips, check out the goals here.

Exclusive: Delhivery submits securities for IPO worth 7,000 billion rupees

Delhivery, an Indian delivery and e-commerce logistics company, has submitted a draft Red Hering prospectus for a public issue worth 7,460 billion rupees to SEBI. also read

INDIA

Bypoll Results: Concerns about BJP in West Bengal, Himachal Pradesh

The results of the polls on three Lok Sabha and 29 assembly seats in 13 states and one Union territory were a mixed picture for the BJP. Continue reading

Amarinder Singh leaves Congress

Former Punjab Prime Minister Captain Amarinder Singh cut ties with Congress on Tuesday and sent his resignation letter to Party President Sonia Gandhi detailing the reasons for his resignation. Continue reading

COVID-19 vaccination: The center’s “Har Ghar Dastak” campaign begins

The center started its huge COVID-19 vaccination campaign “Har Ghar Dastak” on November 2nd on the occasion of Dhanwantari Diwas. As part of the campaign, health workers will go door-to-door for a month to vaccinate people in districts with low immunization coverage. Continue reading

INTERNATIONAL

Elon Musk goes viral on Chinese social media with an old post of poetry

The publication of an ancient Chinese poem by Tesla CEO Elon Musk on social media on Tuesday prompted Chinese internet users to engage in a frantic debate game about its meaning, with many praising him for knowing the text. Continue reading

Largest CO2 emitters in the world

According to data, global CO2 emissions increased six-fold between 1950 and 2019. Several western industrialized nations have a significantly large carbon footprint if we take into account the population and the volume of emissions. Continue reading

You I

Dhanteras 2021: Here are different options in this Diwali. investing in gold

The festival of Diwali begins today with Dhanteras, the day when people buy gold and silver jewelry and other treasures. If you want to invest in gold this holiday season, here are a few ways to do it.

Black pepper prices are rising; here is the reason

Black pepper prices have steadily increased due to reports of crop damage in Karnataka due to unusual rainfall. Continue reading

(Edited by: Yashi Gupta, Aditi Gautam)

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