BUSINESS
No anxiety over proposed cap on Russian crude by West, says Hardeep Puri
Hardeep Puri, who was interacting with the media on the sidelines of a function commemorating the World LPG Week, in response to a question on Russian oil company Gazprom not supplying liquified natural gas to GAIL, said that this discussion has been going on between GAIL and Gazprom.
Indian banking sector resilient, yet should keep eye on macroeconomic situation: RBI Governor
At the same time though, Governor Shaktikanta Das asked public as well as private sector banks to remain watchful of the evolving macroeconomic situation and take necessary mitigating measures to minimise their impact on balance sheets and contain financial stability risks.
Developed nations backtracking on climate damage fund: Small island states at COP27
The inaction of many developed countries has the potential to stall talks and deal a devastating blow to the hopes of the developing world for the establishment of a loss and damage funding facility at COP27. "We have come too far to fail on loss and damage finance. Three quarters of humanity is relying on a favourable outcome at COP27," said the AOSIS Chair and minister Molwyn Joseph of Antigua and Barbuda.
Wearing masks not mandatory anymore in flights in India
The Ministry of Civil Aviation said that the decision has been taken following a review meeting on the issue with the Ministry of Health. "The matter, regarding the requirement for mandatory use of masks or face covers during air travel, has been reviewed in consultation with the Ministry of Health & Family Welfare.
Manish Sisodia's close aide Dinesh Arora turns approver in Delhi liquor scam case
A Delhi court on Wednesday allowed the move of the Central Bureau of Investigation (CBI)'s move to make him an approver in the matter. The CBI had sought permission from the court to make Dinesh Arora an approver in the case. Arora is currently on anticipatory bail. The CBI didn't oppose his bail plea.
2 Indian-Americans in Fortune's 40 Under 40 List
"Honoured to be included on Fortune's 40 Under 40 list this year! Especially amongst all the amazing trailblazers shaping the healthcare industry. A well-deserved recognition of our incredible team at BicycleHealth and their dedication to the care of patients with OUD (Opioid Use Disorder)," Ankit Gupta wrote in a tweet.
LIC's sale of RCAP debt to ACRE upsets lenders and bidders
LIC is conducting a Swiss Challenge process to invite bids (EOIs) from Asset Reconstruction Companies (ARCs) to sell its exposure in the Reliance Capital. The last date to submit the EOIs is November 25. On the other hand, the deadline to submit the binding bids for RCAP ends on November 28.
Amazon begins firing 10K employees, Alexa & Cloud gaming worst hit
Amazon is aiming to eliminate about 10,000 jobs, mostly in retail, devices and human resources. "Amazon employees were called into meetings with their managers across the country Tuesday, and many were told they had two months to find another job internally or accept severance payment," the Washington Post reported late on Tuesday.
Adani takeover target NDTV scrip hits upper circuit
The scrip had touched the 52 week high of Rs 567.85 and low of Rs 75.55. NDTV shares went up following the nod given by the Securities and Exchange Board of India (SEBI) to the Adani Group to float the open offer for 26 per cent stake in the channel company.
Markets flare up, Sensex crosses 62,000 mark
The Sensex opened at 61,708.63 points and touched a high of 62,052.57 points and came down slightly. The Sensex touched a low of 61,708.63 points and later rallied up to cross the 62,000 mark again at about 12.35 p.m. The Sensex's all time high was 62,245.43 which was on 19.10.2021, as per BSE.
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