Category Archives: Economy Snapshot

General News

• Monsson session of Parliament begins, to go on till August 12.
• Lok Sabha Speaker amends rules to bar MPs from chanting slogans while taking oath..
• Centre constitutes Cabinet Committees on security, economic and political affairs.
• BBJP announces in-charges for 24 states including poll-bound Jharkhand, Haryana.
• Assembly by-polls: Congress, TMC win 4 seats each, BJP bags 2, AAP and DMK get 1 seat each..
• President Murmu appoints 6 new governors; Gulab Chand Kataria replaces Banwarilal Purohit in Punjab..
• President Murmu confers 10 Kirti Chakras, 26 Shaurya Chakras.
• PM Modi holds talks with President Putin at the Kremlin in Russia
• PM Modi receives Russia’s prestigious civilian honour – the Order of St Andrew the Apostle.
• Jaishankar, Wang Yi agree to expedite resolution of border disputes to stabilize relations.
• Jaishankar and Blinken discuss regional and global issues on the sidelines of Quad foreign ministers’
  meeting in Tokyo
• Jaishankar inaugurates India’s first overseas Jan Aushadi Kendra in Mauritius./li>
• Former ambassador to China, Vikram Misri, assumes charge as Foreign Secretary.
• Jal Jeevan Mission achieves historic milestone of 15 crore rural tap water connections across country..
• Three new criminal laws come into force; no more IPC, CrPC, Evidence Act.
• Central Armed Police Forces, seven BJP-led states announce job quotas for Agniveers.
• Delhi Excise Policy Case: CBI files chargesheet against Delhi CM Arvind Kejriwal.
• IAF commemorates 25 years of Kargil victory with ‘Kargil Vijay Diwas Rajat Jayanti’.
• India successfully flight-tests Phase-II ballistic missile defence system.
• ISRO, NASA partner to send Indian ‘Gaganyaatri’ to ISS after August.
• Centre lifts ban on government employees taking part in RSS activities.
• Centre gives more powers to J&K Lt Governor on matters related to police, all-India service officers.
• Hemant Soren takes oath as 13th Chief Minister of Jharkhand.
• Telangana and Andhra Pradesh form high-level committees for post-bifurcation issues.
• Karnataka pauses private jobs quota-for-locals bill after huge backlash.
• Over 250 killed, hundreds missing after 3 landslides hit Wayanad district in four hours amid heavy rain.
• Nearly 23 lakh people affected in 28 districts as floods batter Assam.
• Puri Jagannath Temple’s Ratna Bhandar reopens after 40 years for inventory evaluation
• Prashant Kishor’s Jan Suraaj to become political party, contest Bihar Assembly polls next year.
• Bangladesh Navy signs contract for ‘Made In India’ 800 tons ocean going tug with India’s GRSE.
• National Testing Agency announces centre and city-wise results of NEET-UG.
• SC refuses to cancel NEET-UG 2024 examination & order re-test; counselling to begin on August 14.
• Donald Trump narrowly escaped an assassination attempt during a campaign rally in Butler, Pennsylvania.
• Trump and Vance formally nominated for 2024 presidential election at Republican National Convention.
• US President Biden withdraws from presidential race; endorses Kamala Harris as party’s new nominee.
• Quad members pledge to work towards free, peaceful Indo-Pacific region.
• Ursula von der Leyen re-elected to a second 5-year term as European Commission president.
• Keir Starmer becomes U.K. prime minister after his Labour Party wins huge majority in general election.
• Hamas accepts US proposal on talks to free Israeli hostages
• Venezuela’s President Nicolas Maduro won reelection to a third six-year term.
• Bangladesh, China sign 21 agreements, MoU as PM Hasina meets President Xi.
• Bangladesh top court scraps job quotas that caused deadly unrest.
• KP Sharma Oli appointed as Nepal’s Prime Minister after Prachanda loses confidence vote.
• S Korea & NATO sign agreement on mutual recognition process for military airworthiness certification.
• Presidential Elections in Sri Lanka to be held on 21st of September.
• Pakistan lets 1.45 million Afghans can stay for another year following UN refugee chief’s visit.
• PV Sindhu, Sharath Kamal lead India in parade of nations in Paris Olympics opening ceremony.
• Manu Bhaker bags bronze, becomes first Indian woman shooter to win Olympic medal.
• Manu Bhaker-Sarabjot Singh win bronze, India bag second medal.
• Abhinav Bindra awarded prestigious Olympic order by IOC; becomes first Indian to receive award.
• Gautam Gambhir appointed India men’s cricket head coach.
• India Clinch 5 match T20 Series against Zimbabwe 4-1.
• India wins the 3-match T20 International cricket series over Sri Lanka 3-0.
• Asia Cup Women’s T20 2024: Sri Lanka clinch maiden title with comprehensive win over India.
• Sanath Jayasuriya to replace Chris Silverwood as Sri Lanka coach for white-ball series against India.
• Wimbledon: Barbora Krejcikova wins her second Grand Slam; Novak Djokovic wins second straight title.
• Leander Paes and Vijay Amritraj became the first Asians to be inducted into Tennis Hall Of Fame.
• Spain beat England to be crowned Euro 2024 champions; Spain’s Rodri named Best Player of Euro 2024.
• Argentina defeat Colombia 1-0 to win record 16th Copa America.

Business News

• Finance Minister Nirmala Sitharaman tables Economic Survey 2024, presents Budget 2024-25.
• Economic Survey 2023-2024 lays a six-pronged strategy for India’s Amrit Kaal and Viksit Bharat @ 2047.
• Budget provides ₹1.48 lakh crore for education, employment, skill. fiscal deficit for FY25 reduced to 4.9%
  of GDP.
• Capital gains exemption limit hiked to ₹1.25 lakh; STCG tax rate hiked to 20%, LTCG hiked to 12.5% on
  certain assets.
• ₹15,000 crore financial support announced for Andhra to build Amaravati and boost other development
  activities.
• New tax regime slabs revised, standard deduction hiked to ₹75,000.
• Customs duties on gold, silver and platinum slashed; 15% cut in custom duty for mobile phones, PCBA,
  mobile chargers.
• Central Govt. revises the composition of NITI Aayog.
• Govt implements uniform IGST rate of 5% on all aircraft & aircraft engine parts.
• Ports, Shipping and Waterways Ministry approves ₹46.47 lakh dredged sediment reuse project.
• Union housing and urban affairs ministry extends deadline for Smart Cities Mission till March 2025.
• Govt hikes windfall tax on crude oil to ₹7,000 per tonne from ₹6,000.
• Oil marketing companies slash commercial LPG cylinder prices by ₹30.
• Adani Group’s Vizhinjam Port receives first mothership, San Fernando; puts India in world league.
• Govt sanctions roads for Assam, Tripura to improve connectivity in northeast.
• Four PSU banks pay ₹6,481 crore dividend to govt for FY23-24.
• NABARD arm launches ₹750 crore agri fund to finance startups, rural enterprises.
• SEBI proposes stricter derivatives regulations to enhance market stability.
• Market capitalisation of BSE-listed companies crosses $5.5 trillion for first time.
• Jio Financial Services gets RBI nod to become core investment company.
• IMF reaches agreement with Pakistan for $7 billion extended fund facility.
• CBI court issues NBW against Vijay Mallya in loan default case linked to Indian Overseas Bank.
• NCLT admits Byju’s to insolvency resolution process; NCLAT stays Claim Settlement to BCCI.
• Microsoft – Crowdstrike outage hits users worldwide; airlines, banks, stock exchanges affected.
• HCLTech, IBM join hands for GenAI centre to provide tailored AI solutions.
• Tata Power Renewable Energy, NHPC Renewable join hands for installation of rooftop solar projects.
• IndianOil launches high-speed car racing fuel STORM-X.
• TVS Mobility arm acquires Italy-based automotive components supplier, Roberto Nuti Group.
• Mitsubishi Motors joins Honda-Nissan alliance amidst major auto industry shift.
• Suzuki Motor unveils ₹340 crore fund to support social impact startups.
• Rapido enters unicorn club with $120 million round led by WestBridge.
• Bajaj Auto launches world’s first CNG bike, Freedom 125.
• Bounce Infinity to assemble, sell UK’s Zapp i300 electric two-wheelers in India.
• Tata Communications enhances AI Power with first batch of Nvidia AI Chips.
• Vi allots ₹615 crore of shares to Nokia, Ericsson via preferential issue.
• Google to export India-made Pixel smartphones to Europe, US; trial production begins.
• Acer ties up with Indkal Technologies to enter Indian phone market.
• OPPO and Ericsson sign agreement for global 5G patent cross-licensing, business collaborations.
• Germany to phase out Huawei, ZTE components from its 5G core network.
• Cyient sets up a new subsidiary for its semiconductor business.
• OpenAI enters Google-dominated search engine market with SearchGPT.
• Russia hikes import tariffs for consumer goods from ‘unfriendly countries’.
• China central bank cuts two key rates to support economy.
• India launches UPI in Galeries Lafayette’s flagship Paris store, targets Olympics 2024 boost.
• Meghalaya government launches its own OTT platform Hello Meghalaya.
• Paytm gets government panel nod to invest in payments arm.
• Flipkart partners with American MNC Admiral to launch its home appliances and electronics in India.
• Ola Cabs exits Google Maps, saves ₹100 crore by transitioning to Ola Maps.
• Crypto exchange WazirX offers $23 mn bounty to help recover stolen assets.
• Rising freight costs, container shortages paralyse global trade recovery.
• Aditya Birla Group launches ₹5,000 crore jewellery business brand ‘Indriya’.

Q1 Results

• TCS Q1 Profit up 8.7% YoY at ₹12,040 crore, ₹10 dividend per share announced
• HCL Tech Q1 Net profit rises 20% to ₹4,257 crore; firm declares ₹12 dividend.
• Infosys Q1 Net profit rises 7% YoY to ₹6,368 crore, revenue rises 4% to ₹39,315 crore
• Tech Mahindra Q1 Net profit jumps 23% to ₹851 crore.
• ICICI Bank Q1 Profit jumps 15% YoY to ₹11,059 crore, NII up 7% to ₹19,553 crore.
• Kotak Mahindra Bank Q1 Net profit rises 81% YoY to ₹6,250 crore, boosted by stake sale in subsidiary.
• HDFC Bank Q1 PAT rises 35% YoY to ₹16,174.75 crore; net NPA ratio jumped to 0.39% from 0.33%.
• Reliance Q1 Net profit declines 5.4% YoY to ₹15,138 crore, revenue up 12% to ₹2.58 lakh crore.
• YES Bank Q1 PAT rises 47% on-year to ₹502 crore.
• Maruti Suzuki reports 47% YoY increase in Q1 net profit at ₹3,650 crore, Revenue up 10% to ₹35,531 crore.
• Mahindra Q1 net profit rises 20% to ₹3,283 crore, revenue at ₹37,218 crore.
• SBI Card Q1 Net profit flat at ₹594 crore on higher impairment, asset quality declines.
• Dr Reddy’s Q1 Net profit drops 0.8% to ₹1,392 crore, revenue up 14%.
• PNB Q1 Net profit highest-ever at ₹3,251 crore, NII up 10.2% YoY.
• KFin Technologies Q1 profit jumps 57% to ₹68 crore, revenue rose 31% to ₹237.56 crore.
• Jio Financial Services Q1 Net profit down 5.72% at ₹313 crore.
• InterGlobe Aviation Q1 Profit falls 12% YoY to ₹2,729 crore, revenue jumps 17% to ₹19,571 crore.
• Bajaj Auto Q1 Net profit rises 18% YoY to ₹1,988 crore, revenue jumps 16% to ₹11,932 crore.
• Paytm Q1 Net loss widens to ₹839 crore; revenue falls 36% to ₹1,502 crore.
• IOC Q1 Net profit falls 75% to ₹3,723 crore on low refining margins.

General News

• Lok Sabha Results 2024: NDA secures absolute majority by winning 292 seats. BJP wins 240 seats. I.N.D.I.A
  bloc bags 233 seats
• Narendra Modi takes oath for third consecutive term as PM along With 72 ministers; 9 new faces in
  Cabinet.
• Om Birla wins first election for Lok Sabha Speaker’s post in about five decades.
• BJP chief JP Nadda replaces Piyush Goyal as Leader of House in Rajya Sabha.
• Congress Working Committee pass resolution to appoint Rahul Gandhi as the leader of opposition in Lok
  Sabha.
• Rahul Gandhi retains Rae Bareli Lok Sabha seat; Priyanka to make poll debut from Wayanad.
• General Upendra Dwivedi takes charge as the 30th Chief of Army Staff.
• PM Kisan Samman Nidhi scheme 17th instalment authorised by PM Modi on first day of assuming office.
• Amit Shah launches special programme to fast-track immigration services.
• PM Modi inaugurates 84 major developmental projects worth over ₹1,500 crore in J&K.
• PM Modi’s Principal Secretary PK Mishra, NSA Ajit Doval get 5-year extension; IB chief Tapan Kumar Deka
  gets one-year extension.
• Union Education Ministry sets up 4 committee to review grace marks given to over 1,500 candidates in
  NEET-UG exam.
• NTA Chief Subodh Kumar Singh removed from post amid allegations of irregularities in NEET exam.
• NTA announces fresh dates for UGC-NET, CSIR UGC-NET, NCET examinations.
• PM Modi, Japanese PM Kishida agree to advance infrastructure, cultural ties.
• Jaishankar meets US NSA Sullivan in New Delhi, discusses bilateral and global issues.
• Ajit Doval chairs US-India ICET meeting, sets vision for strategic technology partnership.
• Jaishankar and Sri Lanka President Wickremesinghe formally commission Maritime Rescue Coordination
  Centre.
• India, Qatar hold talks on sale of 12 used Mirage-2000 fighter jets.
• PM Modi meditates at Kanniyakumari’s Vivekananda Rock Memorial for 45 hours.
• TDP Chief Chandrababu Naidu sworn in as Andhra CM, Pawan Kalyan as deputy, Lokesh gets IT.
• Amaravati is capital of AP, Visakhapatnam will be financial capital: Naidu.
• Mohan Charan Majhi to be sworn in as Odisha’s 1st BJP Chief Minister with 2 deputy CMs.
• P.S. Tamang takes oath as Sikkim Chief Minister.
• Pema Khandu becomes Arunachal Pradesh CM for third time in a row, Chowna Mein takes charge as
  Deputy.
• Naveen Patnaik takes control of BJD as Pandian quits politics.
• BSP chief Mayawati reinstates nephew Akash Anand as successor.
• Delhi faces severe water shortage amid heat-wave over last 2 weeks.
• New criminal laws from July 1, Centre approves ₹2,254 crore to upgrade forensics.
• CBI files final chargesheet in rail job scam; Lalu son Tej Pratap, daughter Hema named for first time.
• CBI arrests Delhi Chief Minister Arvind Kejriwal in excise scam case.
• 49 foreign workers including 40 Indian nationals killed in massive fire in building in Kuwait.
• G7 agrees $50 billion loan for Ukraine from frozen Russian assets.
• US, Ukraine sign long-term security agreement on sidelines of G7 summit.
• Ukraine Peace summit: India refuses to sign statement endorsing Ukraine’s territorial integrity.
• Maldives bans Israeli passport holders as President Muizzu launches fundraising campaign for Palestine.
• Israeli military announces ‘tactical pause’ in attempt to increase flow of aid into hard-hit Gaza.
• North Korea and Russia sign mutual defense pact, strengthen military cooperation.
• Trump becomes first former US president convicted of felony crimes.
• Biden unveils plan allowing hundreds of thousands to gain US citizenship.
• Anthony Fauci testifies publicly before House panel on Covid origins, controversies.
• EU leaders pick von der Leyen for second term as Commission chief.
• Macron hosts Biden for talks on Gaza, Ukraine on fanfare-filled state visit.
• US lawmakers meet with Tibetan Parliament and Dalai Lama.
• Pakistan PM Shehbaz, Chinese President Xi agree to upgrade CPEC, discuss Kashmir.
• Indian-American Astronaut Sunita Williams makes history on Boeing’s Starliner maiden crewed mission.
• New China rules allow detention of foreigners in South China Sea.
• Putin signs deals with Vietnam in bid to shore up ties in Asia to offset Moscow’s growing isolation.
• UN declares Israel and Hamas as nations violating children’s rights in armed conflict.
• UN Security Council adopts a cease-fire resolution aimed at ending Israel-Hamas war in Gaza.
• US designates Kenya as major non-NATO ally, enhancing defence & security cooperation.
• China lunar probe returns from moon carrying first ever soil samples from it’s far side.
• Iran holds presidential vote with limited choices, month after Ebrahim Raisi’s death.
• ICC announces record prize money of $11.25 million for T20 World Cup 2024.
• World Cup comes home after 11 years; India wins T20 WC with thrilling 7 runs over SA.
• Virat Kohli, Rohit Sharma and Jadeja retire from T20Is after India’s T20 World Cup triumph.
• Virat Kohli receives ICC ODI Player of the Year 2023 award.
• Women’s ODI: India snatch 4-run win over SA, win series 2-0.
• Shefali Verma scripts history, becomes fastest double centurion in women’s Test cricket.
• Norway Chess: Praggnanandhaa stuns Caruana, enters top 10 world ranking.
• French Open 2024: Iga Swiatek retains women’s title; Carlos Alcaraz wins men’s singles title.
• Sunil Chhetri Bids Farewell To International Football.
• Euro 2024: Spain, Germany, England and Switzerland secure quarterfinal spots.

Business News

• RBI maintains status quo for 8th time in a row; repo rate unchanged at 6.5%.
• RBI projects FY25 real GDP growth at 7.2%, CPI inflation at 4.5%.
• Centre authorises release of ₹1.39 lakh crore tax devolution to states for June.
• Centre monetizes assets worth ₹3.85 lakh crore in 3 years; Coal and Roads ministry top contributors.
• Services provided by Indian Railways to the common person exempted from GST.
• GST Council waives off interest, penalty on retrospective notices for 2017-2020.
• PSUs distribute record ₹1.5 lakh crore as dividend in FY24.
• India’s CPI Inflation eases to 12-month low of 4.75% in May 2024; IIP grows 5% in April.
• Wholesale inflation rises for third straight month in May at 2.61%, food items costlier.
• India’s trade deficit widens to $23.8 billion in May, exports rise 9% YoY.
• RBI opens gates for investors, companies to invest in overseas funds.
• Cabinet approves MSP for 14 Kharif season crops, farmers to get ₹35,000 crore more over previous
  season.
• Centre imposes stock limit on wheat to curb hoarding, stabilise prices.
• Cabinet approves ₹2,869 crore for development of Varanasi airport.
• World Bank approves $1.5 billion to support India’s low-carbon transition.
• BSE completes acquisition of S&P Dow Jones Indices’ entire stake in Asia Index.
• Top 100 companies to verify market rumours promptly starting June 1.
• SEBI revamps delisting, F&O inclusion norms; restricts finfluencers.
• Stanley Lifestyles, Akme Fintrade India, DEE Development Engineers and LE Travenues Technology (IXIGO)
  debut in stock markets.
• Indian govt bonds enters JP Morgan Bond index.
• IRDAI bars insurers from advertising unit-linked policies as investment products, issues advertising rules.
• Kotak Bank gets RBI nod to sell 70% stake in general insurance arm to Zurich Insurance.
• Centre introduces new standards – IS 18590: 2024 and IS 18606: 2024 to enhance safety, performance of
  EVs.
• Tata Motors to launch multiple electric cars under Avinya brand.
• Mitsubishi Corp approved by CCI to acquire stakes in two TVS group companies.
• EU announces tariff hike on Chinese EVs amid ongoing anti-subsidy investigation.
• Punch.ev, Nexon.ev first to get 5-star rating under Bharat-NCAP in EV category.
• Tata Motors launches digital marketplace ‘Fleet Verse’ for commercial vehicles.
• Maruti Suzuki’s Swift hatchback crosses a big milestone of 3 million sales in India.
• Air India-Vistara merger gets approval; NCLT gives nod for world’s largest airline group.
• Tamil Nadu CM MK Stalin announces International airport at Hosur.
• OPEC+ extends major oil production cuts until 2025 to stabilise market.
• Commercial LPG prices reduced by ₹69.59; ATF prices down by 6.5%.
• Centre slashes windfall tax on crude oil to ₹3,250 per tonne.
• GAIL to set up India’s largest ethane cracker project at investment of ₹60,000 crore in MP.
• Pakistan inflation slows to 11.8% in May, lowest in 30 months.
• ECB lowers interest rates by 25 bps even as inflation fight continues.
• US Federal Reserve keeps interest rate unchanged for seventh straight time.
• China keeps lending rate unchanged as housing market still struggling.
• TCS Launches WisdomNext, an industry-first GenAI Aggregation Platform.
• TCS, Infosys, HCLTech, Tech Mahindra partner with Yellow.AI for automation solutions.
• Persistent System ties up with Google Cloud to expand in India, US, UK.
• Wipro partners with Siemens to transform automotive software development.
• Tata Technologies collaborates with Mitsubishi Electric India for digital transformation.
• Google launches Gemini mobile app in India, available in 9 Indian languages.
• US bans sales of Kaspersky antivirus software over Russia ties.
• Google Translate adds 110 new languages using AI in largest ever expansion.
• India, S. Korea, US, Japan, EU launch Biopharmaceutical Alliance.
• Govt allows global tenders to access 120 key, patented drugs.
• Bharat Biotech adds ICMR as co-owner of Covaxin patent.
• 5G spectrum auctions: Govt mops up around ₹11,300 crore, Bharti Airtel largest bidder.
• Jio, Airtel hike tariffs for mobile services starting July 3.
• Reliance-backed consortium faces pushback in Ghana over exclusive 5G deal.
• Vodafone Idea gets in-principle approval for ₹14,000-crore loan from SBI-led consortium.
• UltraTech Cement buys 23% stake in India Cements for ₹1,885 crore.
• Ambuja Cements board approves merger of Adani Cementation with itself.
• Vedanta demerger gets approval from majority of creditors, including SBI.
• I&B Ministry calls for self-declaration before ad release.
• Food companies can’t claim ‘100% fruit juice’: FSSAI.
• Peddapalli district to host Coca Cola’s new plant in Telangana.
• Australian Govt signs $18 million MoU with ISRO’s commercial arm.
• NCLT directs Byju’s to maintain status quo, halts $200 million rights issue.
• Sri Lanka concludes major debt restructuring agreements, clearing path for economic recovery.
• LTIMindtree appoints SN Subrahmanyan as chairman after AM Naik steps down.

General News

• Budget session gets extended by a day; session concludes as both Houses adjourned sine die.
• Lok Sabha sees 148% productivity and Rajya Sabha 137%.
• Sonia Gandhi , J P Nadda, Chavan and Deora among 41 elected unopposed as Rajya Sabha MPs.
• Govt tables White Paper highlighting economic situation in country during Congress-led UPA rule.
• 97 crore electors registered before forthcoming general elections in the country: Election Commission.
• Electoral bonds scheme unconstitutional, SBI should reveal the details of donors: SC.
• Lok Sabha polls: AAP-Congress alliance vs BJP in Delhi, Haryana, Gujarat, Goa; Punjab-Solo.
• Farooq Abdullah snubs INDIA bloc, to contest polls alone in J&K.
• SP, Congress reach final agreement on parliamentary polls.
• PM Modi lays foundation stone for new ISRO launch complex in Tamil Nadu.
• PM inaugurates 3 major space infra projects of ISRO, reveals names of Gaganyaan mission astronauts.
• ISRO successfully launches next generation weather satellite INSAT-3DS from Sriharikota.
• India sets annual defence production target of ₹3 lakh crore and exports worth ₹50,000 crore by 2028-29.
• Defence Acquisition Council approves projects worth around ₹80,000 crore.
• Cabinet Committee on Security approves ₹19,000 crore mega Navy deal for BrahMos missiles.
• Centre proposes 5-year guaranteed procurement at MSP for 5 crops – cotton, maize, tur, urad and masur.
• Quit WTO, farmers demand with tractors lined up on highways
• 9th edition of the Raisina Dialogue took place in New Delhi
• India-China hold fresh round of military talks, agree to maintain communication.
• PM Modi inaugurates 3 IIMs, IITs, 20 KVs and 13 Navodaya Vidyalayas worth ₹13,375 crore across country.
• PM Modi launches 5 new AIIMS and various developmental projects worth over ₹48,000 crore.
• Hemant Soren resigns, Champai Soren named new Jharkhand Chief Minister.
• Punjab Governor Banwarilal Purohit resigns citing ‘personal reasons’.
• AAP’s Kuldeep Kumar Assumes Charge As Chandigarh Mayor.
• Former PMs Chaudhary Charan Singh and PV Narsimha Rao and Dr. MS Swaminathan, L K Advani and former Bihar CM Karpoori Thakur to be conferred with Bharat Ratna.
• Airtel founder Sunil Mittal becomes first Indian to be knighted by Britain’s King Charles III.
• French Legion of Honour awarded to Shashi Tharoor for strengthening Indo-French ties.
• Dadasaheb Phalke Awards: Shah Rukh Khan wins Best Actor, Sandeep Reddy Vanga wins Best Director.
• Former Maharashtra CM, Shiv Sena stalwart Manohar Joshi and Veteran singer Pankaj Udhas passed away.
• Qatar releases 8 Indian Navy veterans.
• Russia use advanced hypersonic missile for first time’ in Kyiv attack.
• Alexei Navalny, Russian opposition leader and Putin critic, dies in prison.
• US and EU pile new sanctions on Russia over Ukraine war’s second anniversary, Navalny’s death.
• Germany, NATO rule out sending troops to Ukraine as Russia rebukes Macron.
• Blinken in Israel for talks on truce deal as war enters fifth month.
• Israel sets Ramadan deadline for assault on Gazan city Rafah.
• Palestinian PM Shtayyeh hands resignation to Abbas over Gaza ‘genocide’.
• US approves sale of 31 MQ-9B armed drones to India.
• Biden administration announces freeze on LNG exports for up to 15 months.
• US Senate passes $95 billion aid package for Ukraine, Israel and Taiwan.
• Shehbaz Sharif to be Pakistan PM and Asif Ali Zardari President.
• Maryam Nawaz becomes first woman CM of Pakistan’s Punjab province.
• Canada’s Intelligence agency report flags India as ‘foreign threat’.
• North Korea scraps all economic cooperation with South Korea.
• Myanmar junta enforces compulsory military service for young people.
• 5-team WPL 2024 begins, to be held till March 17.
• Rohit Sharma, Kohli, Bumrah, Jadeja in Grade A+ category under BCCI’s annual contract for 2023-24.
• Rahul Dravid to remain India coach in T20 World Cup, with Rohit Sharma as captain.
• IND vs ENG: India lead 5 match Test Series 4-1.
• Jasprit Bumrah becomes first Indian pacer to reach No. 1 in ICC Test rankings, replaces Ashwin.
• Ravichandran Ashwin gets 500th Test wicket, becomes 2nd Indian to reach landmark.
• 17th Edition of Indian Premier League to kickstart from 22nd March.
• Indian women clinch historic gold in Badminton Asia Team Championships
• India’s Sumit Nagal wins Chennai Open title, makes to top 100 ATP World Ranking.
• Khelo India Youth Games 2023: Maharashtra emerge champions, hosts Tamil Nadu finish second.
• 4th edition of Khelo India Winter Games kicks off in Gulmarg.
• Mission Olympic Cell approves Judokas and Shooter for Global Competitions.

Business News

• Cabinet approves 100% FDI in prescribed sub-sectors/activities in space sector.
• 64 applicants with committed investment of ₹6,700 crore approved under PLI Scheme for White Goods.
• Govt launches scheme to give loans up to ₹20 lakh for informal micro-enterprises (CGTMSE).
• Direct tax collection reaches 80% of revised FY24 target at ₹15.60 lakh crore.
• Wages under MGNREGA ‘inadequate’, ‘not in consonance’ rising cost of living: Parliamentary panel.
• Unemployment rate for graduates declined to 13.4% in 2023 from 17.3% in 2017.
• PM Modi launches around 2,000 railway infrastructure projects worth over ₹41,000 crore.
• Indian Railways reduce passenger train’ fare to ₹10 after bringing down the curtain on passenger trains.
• India resumes buying Russian Sokol oil after 2-month hiatus.
• Govt raises domestic natural gas prices to $8.17 per mmBtu for March.
• PM Modi announces ‘PM Surya Ghar: Muft Bijli Yojana’ to boost solar power.
• UPI, Rupay payment services launched in Abu Dhabi, Sri Lanka and Mauritius.
• Bharat Tex 2024: PM Modi inaugurates Global Textile event, promises all support to the sector.
• Karnataka Assembly passes bill slashing penalty on property tax in Bengaluru by 50%.
• Rural spending increased more than urban spending in the past 11 years: Household Consumption Expenditure Survey 2022-23.
• Centre launches sale of ‘Bharat’ Rice at an MRP of ₹29/kg in 5Kg and 10Kg packs.
• Government imposes stock limit for wheat wholesale traders to ease rising prices.
• Onion export ban to continue till Mar 31 to keep prices under check.
• Cabinet approves hike in sugarcane FRP by ₹25 to ₹340 per quintal for 2024-25 season.
• Centre hikes financial package for rubber sector by 23% to ₹708 crore.
• Governor Das keeps repo rates unchanged at 6.5%; project GDP to grow 7% in FY25; CPI inflation at 5.4%.
• RBI imposes restrictions on Paytm Payments Bank; bars from offering incremental banking services effective March 2024.
• RBI allows HDFC Bank group to buy up to 9.5% stake in ICICI Bank, 5 others.
• RBI directs Visa to halt business payment solution provider for corporate payments.
• Paytm partners with Axis Bank to settle merchant payments amid RBI crackdown against payments bank
• EY audits 51 lakh microfinance accounts of Bandhan Bank.
• SEBI uncovers $241 million accounting issue at Zee.
• RIL becomes India’s first firm to surpass ₹20 lakh crore in market capitalization.
• Shriram Finance to replace UPL in Nifty 50; Adani Wilmar, Muthoot Fin to exit Nifty Next 50 Index.
• Canara Bank board approves 1:5 stock split to improve liquidity.
• Hyundai picks JP Morgan, Citi and HSBC as advisors for mega IPO of India arm.
• CCI approves Zurich Insurance’s acquisition of 70% stake in Kotak Mahindra General Insurance.
• PB Fintech’s arm gets Irdai nod to become a composite insurance broker.
• NCLT approves Hinduja Group’s revival plan for Anil Ambani-promoted Reliance Capital.
• Adani Defence & Aerospace inaugurates South Asia’s largest ammunition & missiles complex in UP.
• Indian Air Force inks contract with Bharat Electronics for modern communication sets.
• Japan slips into recession, becomes fourth-largest economy behind US, China and now Germany.
• China central bank cuts benchmark lending rate to boost economy.
• EU takes first step to use Russia’s frozen assets for Ukraine.
• China extends lifeline to Pakistan, rolls over $2 billion debt.
• Mitsubishi secures 30% stake in TVS mobility for Indian expansion.
• TVS SCS extends contract with Rolls-Royce for parts distribution centre in Singapore till 2029.
• M&M signs supply agreement with Volkswagen Group for e-mobility push.
• VinFast breaks ground on its EV plant in Tamil Nadu 50 days after MoU signing.
• Microsoft Teams and Tata Communications join forces to boost enterprise collaboration in India..
• Google unveils Gemma, a family of AI models for open-source developers.
• Starlink Satellites Approved for Use in Israel and Gaza.
• Nokia and Dell agree partnership on private 5G, cloud networks.
• Civil Aviation Ministry asks airlines to ensure timely delivery of passengers’ luggage.
• Alliance Air gets funding of ₹11,158 crore from government.
• Dubai to have world’s first air taxi, agreements inked at World Government Summit 2024.
• IndiGo signs financing pact with BOC Aviation for 4 Airbus A320NEO aircraft.
• Uber unveils first buyback plan worth $7 billion after reporting full-year operating profit in 2023.
• Nvidia tops Meta record with $277 billion surge in value.
• Bhavish Aggarwal’s Krutrim launches an AI chatbot to take on ChatGPT, Gemini.
• LTIMindtree joins IBM Quantum Network to explore quantum computing.
• Nvidia replaces Alphabet as Wall Street’s third most valuable company.
• Reliance, Disney announce $8.5bn merger to create Indian media powerhouse.
• BYJU’S rights issue gets $300 million commitment from investors.
• Byju’s shareholders vote to oust founder Raveendran, seek board revamp; company calls EGM invalid.
• Disney, Fox, Warner Bros Discovery to create joint sports streaming platform.
• Etihad Airways becomes official sponsor of CSK.
• Amazon surpasses $8 billion in exports from India in 2023.
• Paytm forms advisory committee under former SEBI chief Damodaran.
• Vijay Shekhar Sharma resigns from Paytm Payments Bank board.
• Samsung chief Lee Jae-yong is acquitted of financial crimes related to 2015 merger.

Q3 Results

• SBI Q3 Net profit plummets 35% to ₹9,163 crore, NII stood at ₹39,815 crore.
• Tata Motors Q3 Net profit jumps 137% to ₹7,025 crore, revenue up 25%.
• M&M Q3 Net profit jumps 60% YoY to ₹2,454 crore, revenue grew 16% to ₹25,642.4 crore.
• Ashok Leyland Q3 Standalone net profit jumps 61% YoY to ₹580 crore, revenue comes in at ₹9,273 crore.
• Hero MotoCorp Q3 PAT up 51% at ₹1,073 crore, revenue reported at ₹8,030.98 crore.
• Bharti Airtel Q3 Net profit at ₹2,876 crore, revenue rises to ₹37,900 crore.
• LIC reports 49% growth in net profit at ₹9,444 crore in Q3.
• ONGC Q3 Net profit drops 7.9% to ₹10,748 crore, revenue falls 2.2%; second interim dividend at ₹4/share.
• BHEL posts net loss of ₹163 crore for Q3, revenue rises 4.5% to ₹5,504 crore.

General News

• Parliament Winter session concludes a day early, both houses adjourn sine die.
• Lok Sabha passed a total of 18 bills, while 17 bills were passed in Rajya Sabha.
• President Droupadi Murmu gives assent to the three Criminal Code bills.
• Parliament passes Jammu and Kashmir Reservation and Reorganisation (Amendment) Bills.
• A total of 146 opposition MPs have been suspended from both houses of Parliament this winter session.
• 2 unidentified men jump from visitors’ gallery of Lok Sabha leading to commotion in House.
• Government ropes in CISF for security of Parliament complex.
• Lok Sabha expels Trinamool Congress MP Mahua Moitra from House for ‘unethical conduct’.
• Assembly elctions: BJP wins in 3 states & Congress wins Telangana.
• Zoram People’s Movement leader Lalduhoma sworn in as Mizoram Chief Minister.
• Revanth Reddy takes oath as Telangana CM, Bhatti Vikramarka his deputy.
• Bhajan Lal Sharma sworn in as Rajasthan CM; Diya Kumari, Prem Chand Bairwa as deputy CMs.
• BJP’s Vishnu Deo Sai takes oath as Chhattisgarh CM; Ujjain BJP MLA Mohan Yadav named MP CM.
• PM Modi holds talks with Kenyan President William Samoei Ruto and Sultan of Oman Haitham Bin Tarik.
• India to provide $250 million Line of Credit to Kenya for modernisation of its agri sector.
• India, Oman in talks for comprehensive economic partnership agreement.
• Ajit Doval participates in 6th NSA-level Meeting of Colombo Security Conclave in Port Louis, Mauritius.
• Jaishankar meets Russian President Vladimir Putin in Moscow.
• Jaishankar, Russian Deputy PM sign agreement on Kudankulam nuclear power project.
• PM Modi flags off Viksit Bharat Sankalp Yatra in 5 States, says focus will be on smaller cities
• PM Modi launches 37 projects worth Rs 19,000 crore during 2-day Varanasi visit.
• Amit Shah inaugurates and lays foundation stone of projects worth over ₹3,500 crore in Chandigarh.
• PM Modi to inaugurate 2nd Edition of Kashi Tamil Sangamam 2023 at Namo Ghat in Varanasi.
• Mamata, Kejriwal propose Kharge name as INDIA bloc’s PM face.
• Priyanka Gandhi relieved as UP General Secretary, Pilot gets Chhattisgarh.
• BSP chief Mayawati names nephew Akash Anand as her successor.
• Nitish Kumar takes over as JD(U) chief after Lalan Singh quits top party post.
• India approves procurement of 97 Tejas jets, 156 Prachand choppers in major defence deal.
• Defence ministry signs over ₹5,300 crore deal with Bharat Electronics Ltd.
• Stealth guided missile destroyer Imphal commissioned into Navy.
• Tanker ship off India coast hit by attack drone ‘fired from Iran’.
• ISRO moves Chandrayaan orbiter from Moon to Earth, eyes earth observation mission.
• French President Macron to grace Republic Day event in Delhi as chief guest.
• SC upholds Centre’s decision to abrogate Article 370 in J&K, calls for polls by September next year.
• ‘Varanasi court postpones to January 3 opening of ASI survey report on Gyanvapi complex.
• 8 Indian ex-Navy personnel get relief as Qatar reduces death sentence.
• ₹353 crore recovered from premises linked to Congress MP Dhiraj Sahu.
• 4 soldiers killed, 3 injured as terrorists ambush Indian Army vehicle in J&K.
• Cyclone Michaung makes landfall near Bapatla on Andhra coast after causing rain mayhem in Tamil Nadu.
• Centre extends ₹450 crore SDF fund to Tamil Nadu, sanctions ₹561 crore flood mitigation project.
• Michaung damages crops in over 6 lakh acres in Andhra; Centre announces ₹493 crore to the state.
• Heavy rains drown parts of southern Tamil Nadu leaving people in peril.
• Srivaikuntam receives 479 mm, the highest rainfall ever recorded in the plains of Tamil Nadu.
• National Medical Council changes logo, includes Ayurveda god Dhavantri
• Gujarat’s Garba dance enters UNESCO’s list of ‘intangible cultural heritage’.
• WHO urges nations to maintain strict surveillance and sequence sharing amid increasing Covid cases.
• COP28 Presidency unveils COP28 UAE Declaration on Climate, Relief, Recovery, and Peace.
• Heavy fighting across Gaza halts most aid delivery, leaves civilians with few places to seek safety.
• Biden administration approves emergency sale of nearly 14,000 rounds of tank ammunition to Israel.
• Israel parliament passes new wartime budget.
• UN approves resolution on aid to Gaza without call for suspension of hostilities.
• Putin orders Russian military to add 170,000 troops for a total of about 1.32 million.
• Vladimir Putin declares candidacy for country’s Presidential election scheduled for March.
• House approves impeachment inquiry into President Biden as Republicans rally behind investigation.
• US announces 10-nation coalition to combat Houthi attacks in Red Sea.
• Putin and Saudi Crown Prince Salman discuss further OPEC+ cooperation in whirlwind visit.
• Iraqis vote in first provincial elections in a decade.
• China, Vietnam sign 37 agreements as Xi visits for first time in 6 years.
• Malaysia bans Israeli-flagged ships from using its ports in response to Gaza war.
• China vows to keep up military pressure against the Philippines as territorial disputes grow tenser.
• South Korea launches its first spy satellite; tests solid-fuel rocket amid space race with North Korea.
• North Korea launches long-range ballistic missile toward waters between Korean Peninsula and Japan.
• China formally accords diplomatic recognition to Taliban govt in Afghanistan.
• Italy’s Giorgia Meloni’s bids adieu to China’s BRI initiative, dismisses economic impact.
• Turkey parliament committee approves Sweden’s NATO bid.
• 26 players incl chess player Vaishali & Shami up for Arjuna Award; Satwiksairaj, Chirag win Khel Ratna.
• Brij Bhushan Singh aide Sanjay Singh elected new President of WFI; Sakshi Malik quits wrestling.
• Sports Ministry suspends newly-elected WFI; IOA forms ad-hoc committee to oversee operations.
• New logo of ICC T20 World Cup revealed ahead of 2024 edition in West Indies, USA.
• MS Dhoni’s iconic number 7 jersey retired by BCCI, 2nd Indian after Sachin to be given this honour.
• India vs South Africa: T20 series tied at 1 – 1, India wins ODI series 2 – 1.
• Virat Kohli surpasses Rohit Sharma to take No. 1 spot in elite WTC list of Indian batters.
• Kohli makes 2,000 international runs in a year for 7th time, breaks Sangakkara’s record.
• India thrash England by 347 runs to register biggest win in women’s Test history.
• IPL Auction 2024: 10 teams splurge ₹230 crore on 72 players, Mitchell Starc hits ₹24.75 crore jackpot.
• WPL 2024 Auction: Annabel Sutherland and Kashvee Gautam go for highest bid of 2 crores.
• Leander Paes, Vijay Amritraj become first Asian men to be inducted in International Tennis Hall of Fame.
• Vaishali becomes India’s third female chess grandmaster, makes history with brother Praggnanandhaa.
• Candidates 2024: Gukesh D secures spot at prestigious event, becomes third Indian in 8-man field.
• Lionel Messi named Time’s Athlete of the Year for 2023.
• Olympic chiefs give green light for participation of Russian, Belarusian athletes as neutrals

Business News

• Presidential assent for Telecommunications, Post Office Bills.
• Parliament nod for an additional spending of ₹58,378 crore in FY24.
• PM Modi unveils Surat Diamond Bourse and Surat Airport’s international terminal.
• PM Modi inaugurates revamped Ayodhya Dham junction railway station and international airport.
• First Air India Express flight takes off from Ayodhya for Delhi.
• Deepfake concerns: Centre issues advisory to social media platforms to comply with IT rules.
• India to allot satellite internet airwaves without auction.
• National Financial Reporting Authority finds deficiencies in audit quality inspection of Big four firms.
• India extends duty-free import of tur, urad dal until March 2025.
• Maharashtra cabinet approves Casino restriction bill.
• Karnataka CM Siddaramaiah announces waiver of interest on crop loans at coop banks.
• Karnataka IT sector to come under the labour department’s ambit.
• World Bank approves $300 million program to boost urban water and sewerage systems in Tamil Nadu.
• Govt grants LIC one-time exemption from 25% public shareholding rule.
• RBI keeps repo rate unchanged at 6.5% for fifth time in row.
• UPI transaction limit for hospitals, educational institutions payments raised to ₹5 lakh.
• Bandhan Bank board OKs transfer of ₹776 crore worth NPAs to ARC.
• IndusInd Bank launches ‘eSvarna’, India’s first corporate credit card on RuPay network.
• RBI permits ICICI Pru Mutual Fund to acquire 9.95% stake in Federal Bank, RBL Bank.
• Razorpay, Cashfree receive final RBI nod to operate as payment aggregators.
• SEBI extends Dec 31 deadline for mutual fund and demat account nomination to to June 30, 2024.
• Flair Writing Industries, Inox India , Motisons Jewellers, Muthoot Microfin , Happy Forgings, Credo Brands, RBZ Jewellers, Azad Engineering list on exchanges.
• Kerala gives nod to Beypore-Kochi-Dubai cruise.
• NCLT admits Sahara group subsidiary into insolvency.
• HAL opens new design and test facility for the development of strategic engines.
• Air India’s 1st wide-body A350-900 aircraft lands in Delhi.
• Bengaluru’s Kempegowda Airport Terminal 2 named among ‘World’s Most Stunning Airports’.
• Tata Harrier and Safari duo receive 5-star rating in Bharat NCAP crash tests.
• JSW forms JV with SAIC Motor; picks 35% stake in MG Motor India.
• Suzuki Motor Gujarat crosses 30 lakh cumulative sales mark.
• Ford Motor Co. halts Tamil Nadu plant sale to JSW Group.
• Royal Enfield forays into pre-owned bike business with Reown.
• BPCL, Tata Motors subsidiary signs MoU to set up 7000 EV charging points by 2024.
• Ola Electric first e-scooter company to get PLI nod.
• Chinese carmaker BYD overtakes Tesla as world’s most popular EV maker.
• Anti-collision system Kavach deployed on 1465 Route km, 139 locomotives.
• Arunachal govt inks pact for ₹13,000 crore hydropower project in Lohit basin.
• HCL Tech bags 5-year contract from Sweden’s Husqvarna Group for digital transformation.
• China successfully launches test satellite for internet technologies.
• Microsoft-OpenAI partnership comes under US and UK antitrust scrutiny.
• Intel to get $3.2 billion government grant for new $25 billion Israel chip plant.
• Reliance Jio and IIT-Bombay set to build India’s ‘BharatGPT’ AI.
• EU countries, lawmakers reach deal on rules for ChatGPT, other systems.
• Biocon Biologics completes integration of Viatris’ biosimilar business in 120 countries.
• Lupin to acquire established products in Europe, Canada from Sanofi for ₹91 crore.
• Tata Coffee to merge with Tata Consumer Products Ltd.
• UltraTech Cement to buy Kesoram’s cement business in $645 million deal.
• HUDCO executes MoU with Gujarat govt for an investment of ₹14,500 crore.
• West Bengal passes Bill to impose 28% GST on online gaming, horse racing, casinos.
• Google Maps introduces landmark-based Address Descriptors in India.
• RIL pays ₹254 crore to Metro for using its brand name in India.
• Byju’s Finally Approves FY22 Results, Briefs Shareholders about future plans.
• Mahindra’s Anish Shah takes over as FICCI President.
• Kotak Mahindra Bank shareholders approve Vaswani’s appointment as MD & CEO.
• Hikal shareholders vote against continuation of Baba Kalyani as director.

General News

• Assembly Elections: Mizoram records voter turnout of 78.4%, while Chhattisgarh records 68.15%.
• Rajasthan sees 74.13% voter turnout in assembly polls; Madhya Pradesh sees 77.15%.
• Telangana Assembly Elections: 63.94% voting recorded; Results for all states will be out on December 3.
• Winter session of Parliament will be held from 4-22 December.
• Pradhan Mantri Garib Kalyan Anna Yojana will be extended for next five years.
• Cabinet approves ₹24,104 crore outlay for development mission for particularly vulnerable tribal groups.
• India successfully test-fires ‘Pralay’ missile off Odisha coast.
• Russia to supply, license production of Igla anti-aircraft missiles to India
• Indian Navy, DRDO test indigenously developed naval anti-ship missile.
• PM Modi, Sheikh Hasina jointly inaugurate rail, power sector projects between India, Bangladesh.
• Jaishankar hosts Ambassadors of G20 member countries, guest countries & international organisations.
• Fifth India-US 22 Ministerial Dialogue begins in New Delhi.
• India and Australia exchange views on deepening multifaceted ties in several areas in 2+2 dialogue.
• India, UAE ink MoU to strengthen educational cooperation for students, faculty.
• Sonia Gandhi launches book on Mallikarjun Kharge’s political journey.
• Governor can’t sit on bills on withholding assent, must return them, rules Supreme Court.
• Andhra Pradesh Cabinet gives nod to caste-based census; exercise likely to start after 20 November.
• Bihar Assembly unanimously passes bills to hike caste quotas to 65%, surpassing SC’s 50% cap.
• Former bureaucrat and CM Naveen Patnaik’s trusted aide VK Pandian joins BJD.
• BS Yediyurappa’s son Vijayendra is new Karnataka BJP chief.
• Uttarkashi: 41 rescued workers emerge dazed, smiling after 17 days trapped in collapsed road tunnel.
• ED attaches properties worth ₹751 crore in National Herald probe.
• Govt closely monitoring outbreak of H9N2, clusters of respiratory illness in children in China.
• Kozhikode and Gwalior declared Creative Cities of Literature And Music by UNESCO.
• First woman judge of SC, former TN Governor Justice Fathima Beevi dead.
• Ayodhya Deepotsav sets world record by lighting over 22 lakh Diyas.
• India resumes E-Visa services for Canadians after two months.
• Israeli military reveals underground bunker of Hamas militants under Gaza’s Shifa hospital.
• EU nations jointly condemn Hamas for ‘use of hospitals and civilians as human shields.
• Israel and Hamas agree to temporary ceasefire deal.
• Putin signs law revoking Russia’s ratification of nuclear test ban treaty.
• COP28 Summit calls for accelerated action and higher ambition against escalating climate crisis.
• Xi Jinping arrives in US ; Biden, Xi agree to restart high-level military talks.
• US, South Korea revise deterrence strategy, boost drills over North Korea threat.
• North Korea claims its third attempt to put a spy satellite into orbit was successful.
• South Korea partially suspends 2018 inter-Korean agreement.
• Biden signs temporary spending bill averting government shutdown, pushing budget fight into new year.
• Republican presidential candidate Tim Scott drops out of 2024 race.
• UK interior minister Suella Braverman sacked amid reshuffle.
• David Cameron returns to UK government as foreign secretary.
• Pakistan poll body, President agree on 8 Feb next year as general elections date.
• Former Pakistan PM Imran Khan arrested in additional graft cases while already in Jail.
• Maldivian President asks India to withdraw military personnel, agrees to discuss ‘workable solutions’.
• Christopher Luxon sworn in as New Zealand Prime Minister.
• Sri Lanka SC holds Rajapaksa brothers and top officials responsible for worst economic crisis.
• Philippines announces exit from China’s Belt & Road initiatives.
• Anurag Singh Thakur launches mascot, logo, jersey & theme song for Khelo India Para Games.
• SC sets aside stay imposed by Punjab and Haryana HC on Wrestling Federation of India elections.
• Australia beats India by 6 wickets to win their sixth ICC Cricket World Cup.
• Sachin Tendulkar’s statue gets unveiled in Wankhede stadium.
• Rohit Sharma becomes first batsman to hit 50 sixes in World Cup, breaks Chris Gayle’s record.
• Virat Kohli hits 50th ODI century to beat Sachin Tendulkar’s record.
• Rahul Dravid to remain India head coach, BCCI extends contracts of entire support staff.
• ICC Hall of Fame: Virender Sehwag, Diana Edulji and Sri Lankan de Silva become latest inductees.
• ICC suspends Sri Lanka Cricket with immediate effect, cites government interference.
• IND vs AUS, T20: India leads 5 match series 2-1.
• IPL 2024: Shubman Gill named as Gujarat Titans captain after Hardik Pandya’s move to Mumbai Indians.
• Novak Djokovic clinches year-end No. 1 ranking for record-extending eighth time.
• ATP Finals 2023: Novak Djokovic beats Janik Sinner to win record 7th title.

Business News

• Centre extends PMGKAY scheme for another five years from Jan 1, 2024 till 2029.
• Cabinet approves Terms of Reference for the Sixteenth Finance Commission.
• Centre launches first part of critical minerals auction worth $5.4 billion.
• PM Modi releases 15th instalment of PM-KISAN of ₹18,000 crore.
• Amit Shah launches ‘Bharat Organics’ brand of new cooperative body National Cooperative Organics Ltd.
• Bharat Atta sale kicks off ahead of Diwali; wheat flour to be sold at subsidized rate of ₹27.50 per kg.
• Vaishnaw announces around ₹3,000 crore to be invested in IT hardware sector under (PLI) Scheme 2.0.
• Govt cracks down on deepfakes, issues notices to social media giants.
• Centre suspends 70 lakh mobile numbers due to suspicious activity.
• Amazon, Inland Waterways Authority of India sign MoU to promote cargo movement.
• Asian Development Bank unleashes $170 million wave to transform Kochi’s water landscape.
• Centre blocks Mahadev app, 21 other illegal betting platforms on ED request.
• Madras High Court strikes down Tamil Nadu’s ban on online money games for the second time.
• Maharashtra cabinet approves state’s first export promotion policy designed to boost exports.
• Bengal Global Business Summit: Govt receives ₹3.76 lakh crore investments proposals.
• Karnataka govt approves 62 investment projects worth ₹3,607 crore, to create over 10,000 jobs.
• Centre hikes commercial LPG prices by over ₹100; ATF prices cut nearly 6% after 4 consecutive hikes.
• Govt slashes windfall tax on crude petroleum, diesel exports.
• Govt announces mandatory biogas blending in CNG, PNG.
• Centre receives ₹3,636 crore dividend from Indian Oil Corporation.
• UCO Bank receives RBI approval to join Central Bank Digital Currency initiative.
• NSE and BSE grant approval to ICICI Bank for delisting ICICI Securities shares.
• BSE-listed companies’ market cap hits $4 trillion mark for 1st time.
• Cello World, Mamaearth, ESAF Small Finance Bank, Protean eGov Technologies, ASK Automotive, IREDA,
• Gandhar Oil Refinery, Tata Technologies, Fedbank Financial Services make their market debut.
• TCS’s ₹17,000 crore share buyback program will open on December 1 and close on December 7.
• Fed holds rates at 22-year high, signals concern on yield rise.
• World Bank approves $150 million for Sri Lanka’s banking sector stabilisation.
• US invests $553 million in Gautam Adani’s Sri Lanka port to counter China’s influence.
• REC signs pact with RailTel; to finance infra projects in telecom, IT and railway signalling.
• Gajraj Suraksha’: Railway develops system to prevent trains from colliding with elephants.
• Tata Motors partners up with JLR for development of TaMo’s premium pure electric series Avinya.
• TVS Motor joins hands with Emil Frey group to foray into European market.
• Maruti gets nod from shareholders to fully acquire Suzuki Motor Gujarat.
• Toyota Kirloskar Motor to invest ₹3,300 crore to set up 3rd plant in Karnataka.
• Tata Motors launches registered vehicle scrapping facility in Punjab.
• Airbus signs contracts with Mahindra Aerospace, 3 others for manufacturing of aircraft components.
• HAL, Airbus ink deal to set up repair facility at Nashik .
• HAL, GE to produce jet engines for LCA Mark2, AMCA fighter jets in India.
• Ashok Leyland to invest ₹1,200 crore in its EV arm, Switch Mobility.
• Sweden’s Saab becomes the first foreign company to secure 100% FDI in India’s defence projects.
• UAE inaugurates world’s largest single-site solar power plant ahead of COP28.
• Tata Electronics buys 100% stake in Wistron India, becomes 1st Indian company to make Apple iPhones.
• Apple supplier Luxshare shifts $330 million investment from India to Vietnam amid political tension.
• At UK’s AI Summit developers and govts agree on testing to help manage risks.
• Govt grants approvals to 27 firms including Dell, Foxconn under new IT hardware PLI scheme.
• Intel partners with 8 Indian manufacturers for ‘Make in India’ laptops.
• HCLTech, Cisco team up to drive collaborative environment for hybrid workplaces.
• Meta faces Europe-wide data privacy restrictions for flouting norms with targeted ads.
• Samsung takes on OpenAI’s ChatGPT, unveils its own generative AI bot called Gauss.
• Microsoft unveils its first custom-designed AI, Cloud Chips.
• Vedanta’s arm sets up new unit in Saudi Arabia for copper business.
• India-Australia match: Disney+ Hotstar sees record 59 million concurrent viewers.
• Incentive limit on foreign film production hiked to ₹30 crore.
• Google to pay $74 million annually to Canadian news industry.
• Sam Bankman-Fried found guilty of defrauding FTX customers out of billions.
• India’s October auto sales rise 12.5% on month; Navratri sees record-breaking sales.
• Sahara Group founder Subrata Roy dies in Mumbai hospital after prolonged illness.
• Ashok Vaswani appointed CEO of Kotak Mahindra Bank for three years, effective January 2024.
• HDFC Bank appoints former NABARD chairman Bhanwala as director.
• RBI nod to appointment of Isha Ambani, 2 others as directors of Jio Financial Services.
• RBI approves Hinduja Group directors on board of bankrupt Reliance Capital.
• OpenAI Co-founder and President Greg Brockman quits after CEO Sam Altman was fired over video call.
• Sam Altman returns to OpenAI as CEO amid board overhaul.

Q2 Results

• SBI Q2 Net profit up 8% at ₹14,330 crore; NII grows 12.3% to ₹39,500 crore.
• Bank of Baroda Q2 profit surges 28.3% to ₹4,252.89 crore on better asset quality, higher incomes.
• Tata Motors Q2 PAT at ₹3,764 crore, revenue up 26% to ₹1.05 lakh crore.
• M&M Q2 Profit soars 67% YoY to ₹3,452 crore, revenue increased by nearly 16% to ₹24,310 crore.
• Ashok Leyland Q2 Net profit surges multi-fold to ₹561 crore, revenue up 16.6% to ₹9,638 crore.
• IRCTC Q2 Net profit rises 30.36% to ₹294.67 crore, revenue up 23.51%; declares interim dividend of 125%.
• LIC Q2 Net profit declines 50% YoY to ₹7,925 crore on lower premium income.
• ONGC Q2 Net profit rises 142% to ₹16,553 crore, revenue down 13%; dividend declared.
• Bharti Airtel Q2 Net profit falls 37% to ₹1,341 crore on one-time charge; ARPU rises to ₹203.
• Divi’s Lab Q2 Net profit down 29% to ₹348 crore, revenue came in at ₹1,909 crore up 3%.
• Mamaearth parent Honasa Consumers net profit doubles to ₹30 crore in first results post listing.
• Nykaa Q2 Profit surges 50% YoY to ₹7.8 crore; revenue jumps 22% to ₹1,507 crore.
• Zomato Q2 profitability improves further to ₹36 crore; revenue up 71% YoY to ₹2,848 crore.

General News

• New Parliament Building designated as Parliament House of India hosts special session.
• Parliament passes Women’s Reservation Bill after unanimous support in Rajya Sabha.
• Women’s Reservation Bill gets President Droupadi Murmu’s nod, becomes law.
• Lok Sabha and Rajya Sabha adjourns sine die after passage of landmark bill.
• Assembly bypolls: BJP wins three seats, Opposition block INDIA bags four.
• President Kovind panel meets, seeks views of state and national parties on simultaneous polls.
• Will make ‘clarificatory’ changes in forms to say linking Aadhaar with voter ID optional: EC tells SC.
• Aditya L1 gets ‘send off’ from Earth as ISRO performs key manoeuvre, begin 110-day journey to L1 point.
• ISRO prepares to revive Chandrayaan 3’s Lander and Rover on Moon from sleep during lunar sunrise.
• PM Modi launches ₹13,000-crore ‘PM Vishwakarma’ scheme for traditional workers.
• Rajnath Singh inaugurates 90 infra projects of BRO across 11 States and Union Territories.
• Govt approves defence acquisition worth ₹45,000 crore from domestic vendors.
• Indian Air Force receives first C-295 transport aircraft from Airbus, 55 more to follow.
• PM Modi participates in ASEAN-India Summit and East Asia Summit in Jakarta, Indonesia.
• African Union becomes permanent member of G20 under India’s presidency.
• G20 leaders adopt Delhi Declaration rejecting use of force to acquire territory in reference to Russia.
• President Murmu hosts grand dinner for G20 guests; millets’ dishes, Kashmiri Kahwa on menu.
• PM Modi, Saudi Crown Prince hold first strategic meet, discuss energy, defence.
• Jaishankar holds talks with US Secretary of State Antony Blinken and NSA Jake Sullivan.
• Rahul Gandhi holds talks with European Parliament members in Brussels.
• PM Modi invites US President Biden to India’s 2024 Republic Day celebrations.
• INDIA bloc alliance parties pass resolution to jointly contest 2024 LS polls at Mumbai meet.
• JD(S) confirms alliance with BJP-led NDA ahead of 2024 Lok Sabha elections.
• AIADMK unanimously passes resolution, exits NDA ahead of 2024 polls.
• SC directs Karnataka government to release 5,000 cusecs of Cauvery water to Tamil Nadu.
• Karnataka bandh over Cauvery issue disrupts normal life in Bengaluru, Section 144 imposed.
• Assam govt seeks withdrawal of Disturbed Areas Act, AFSPA from entire state.
• Centre extends Armed Forces Act in some parts of Arunachal and Nagaland from first of October.
• Ex-Andhra Pradesh CM Chandrababu Naidu arrested over alleged corruption charges.
• Nipah virus under control in Kerala, restrictions eased in containment zones.
• Health Ministry reduces qualifying percentile for NEET PG Counselling to 0 across all categories this year.
• National Medical Commission gets global recognition, Indian medical graduates can practice abroad.
• UGC bars varsities from printing Aadhaar number on degrees, provisional certificates.
• Rozgar Mela: PM Modi distributes about 51,000 appointment letters to newly inducted recruits.
• VP Jagdeep Dhankhar conferred Sangeet Natak Akademi Amrit Awards to 84 performing artists.
• Veteran actor Waheeda Rehman to be honoured with Dadasaheb Phalke Award 2023.
• President Murmu presents National Smart City Award to Indore, MP declared as the ‘Best State’.
• MS Swaminathan, father of India’s Green Revolution, passes away at 98.
• India crosses milestone of providing 13 crore rural household tap connections.
• CBI chargesheet against 3 officials in Balasore train accident case.
• Santiniketan finds a place on UNESCO’s World Heritage list.
• Canada links India to slaying of Khalistani separatist leader, expels top Indian diplomat; India retaliates.
• Canada issues second advisory for its citizens travelling to India, asks them to be vigilant.
• Donald Trump won’t be the Republican nominee for U.S. presidential polls: Nikki Haley.
• Republican presidential candidates blame Donald Trump, Democrats over govt shutdown threat.
• Antony Blinken visits KyiV; US announces new security assistance worth $600 million for Ukraine.
• Turkey’s President meets Russia’s Putin and aims to revive the wartime Ukraine grain export deal.
• Putin meets Kim Jong Un at Russia’s space centre; Kremlin to help North Korea build satellites.
• US, South Korea, Japan raise concerns over Russia-North Korea military cooperation.
• China’s Xi Jinping meets Syria’s Bashar al Assad and announces strategic partnership.
• Indian-origin economist Tharman Shanmugaratnam wins Singapore presidential election in landslide.
• Philippines, Malaysia, Indonesia protest China’s “standard map” for 2023.
• China says 90 countries have confirmed attendance for Belt and Road Initiative conference.
• Japan launches rocket carrying ‘Moon Sniper’ lunar lander, , landing in four to six months.
• PM Modi lays foundation stone of ₹451 crore cricket stadium in Varanasi.
• ICC ODI ranking: Australia dethrones Pakistan to clinch top following win over South Africa.
• Mohammed Siraj reclaims Number 1 spot in ICC ODI rankings
• Virat Kohli becomes fifth player to reach 13,000 ODI runs, breaks Sachin Tendulkar’s record.
• Rohit Sharma completes 10,000 ODI runs, second fastest after Kohli.
• India won the 3-ODI match series against Australia 2-1.
• US Open: Djokovic downs Medvedev to win record-tying 24th Slam.
• American teenager Gauff wins US Open for maiden Major title.
• Rohan Bopanna becomes oldest Grand Slam finalist of Open era.
• D Gukesh replaces Viswanathan Anand as India’s top Chess player after 37 years.
• 19th Asian Games begins at Hangzhou in China.
• India 4th with 38 medals: 10 gold, 14 silver and 14 bronze.
• eSports made its debut at the Games as a medal event, seen as a major step toward Olympic status.
• MotoGP Bharat 2023 kicks off at Buddh International Circuit.

Business News

• Cabinet approves ₹1,650 crore subsidy for 75 lakh LPG connections over three years.
• Govt to provide up to 8% interest subsidy for Vishwakarma Yojana.
• Govt approves ₹3,760 crore viability gap fund to promote battery energy storage system.
• Govt enhances LIC agents, employees’ gratuity limit; ups term insurance cover, family pension rate.
• Centre asks pulses stakeholders to disclose lentils’ stocks with immediate effect.
• Centre reduces wheat stock limit to 2,000 tonnes for traders, wholesalers, and big-chain retailers.
• Finance Ministry notifies Oct 1 date for implementing amended GST law provisions for e-gaming.
• India announces launch of Global Biofuels Alliance on sidelines of G20 Summit.
• Rail linking India with Europe announced by Biden, allies at G20 Summit.
• India, Saudi Arabia agree to ‘accelerate’ $50 billion west coast refinery project.
• UP approves new township in Meerut near Rapid rail on the lines of developed countries.
• Karnataka govt approves 91 investment projects worth ₹7,660 crore.
• Assam govt approves ₹5,197 crore project for power sector modernisation.
• Govt rolls out 3rd phase of mandatory gold hallmarking in 55 new districts in 17 states/UT.
• NPCI launches slew of new payment options on payment platforms UPI.
• RBI to discontinue incremental cash reserve ratio by October 7 in phased manner.
• RBI proposes 6-month deadline for banks to identify wilful defaulters.
• ICICI Bank gets RBI nod to make I-Process Services as wholly-owned subsidiary.
• SBI offers UPI integration with digital rupee.
• Bank of Baroda enables UPI ATM facility at over 6,000 ATMs across country.
• Vishnu Prakash R Punglia, Rishabh Instruments, RR Kabel and Yatra Online make their market debuts.
• L&T raises buyback price to ₹3,200, reduces shares offered.
• JP Morgan adds Indian bonds to its global index.
• Jio Financial shares removed from BSE, NSE indices.
• IndianOil unveils India’s first green hydrogen-run bus that emits just water.
• NTPC, Oil India ink pact to explore collaborations in renewable energy, hydrogen space.
• Suzuki Motor inks pact with NDDB, Banas Dairy to set up biogas plants with ₹230 crore investment.
• Tata Motors launches registered vehicle scrapping facility ‘Re.Wi.Re’ in Surat.
• Toyota plans third India plant, new SUV as domestic sales surge in 2023.
• Renault ends common purchasing agreement with Nissan and Mitsubishi
• Hero MotoCorp to invest ₹550 crore into Ather Energy.
• Centre approves 30 railway projects worth over ₹83,000 crore for Telangana.
• TCS bags $1 billion deal from Jaguar Land Rover.
• Reliance, NVIDIA to develop foundational large language model for AI in India.
• Elon Musk, Mark Zuckerberg, Bill Gates to join US senators for AI forum.
• HP partners with Google to make Chromebooks in India from next month.
• IDEMIA partners Airtel Payments Bank, HMD Global to bring CBDC payments to feature phones in India.
• Bharat 6G Alliance and Next G Alliance sign MoU to explore collaboration opportunities.
• Jio launches 5G wireless access device in eight cities.
• Meta launches UPI payments for WhatsApp Business messaging in India.
• Tata Projects partners with Micron Tech to construct advanced semiconductor facility in Sanand.
• Adani Enterprises, Kowa form JV in Singapore to sell green hydrogen, ammonia.
• Adani Green and TotalEnergy to form 50:50 JV with an investment of $300 million.
• Tata Steel, ABB India partner to co-develop technology to reduce carbon footprint in steel making.
• Vedanta splits into six firms; entities to be listed on bourses.
• Government unveils National Policy on R&D in pharma, medtech.
• Cabinet approves foreign investment of up to ₹9,589 crore in Suven Pharma.
• WHO’s good manufacturing norms to be made compulsory for all drug firms.
• Amazon commits $15 million from climate fund to APAC region, earmarks $3 million for India projects.
• Apple starts selling assembled in India iPhone 15 models on launch day for first time.
• SpiceJet pays Kal Airways ₹100 crore towards arbitral award after court order.
• Jalan Kalrock Consortium completes infusion of ₹350 crore in Jet Airways, ready to take control of airline.
• Jet Airways founder Naresh Goyal arrested in ₹538 crore alleged bank fraud case.
• US Federal Reserve leaves rates unchanged, sees tighter policy through 2024.
• Bank of Japan keeps interest rates unchanged, gives dovish guidance on future policy.
• China keeps benchmark rates unchanged as economy finds footing.
• Sri Lanka ends fuel rationing imposed at height of economic crisis.
• UK’s second-largest city Birmingham declares itself effectively bankrupt.
• FSSAI begins milk & milk products’ survey across 766 districts across the country, to submit report by Dec.
• Coffee Day Global and IndusInd bank reach settlement, withdraw insolvency litigation.
• Viacom18 beats Disney to BCCI cricket media rights for $721 million.
• Disney Star bags ₹150 crore sponsorship from Mahindra Auto for Asia Cup & ICC World Cup.
• Writers Guild and Hollywood studios reach tentative deal to end strike.
• KKR makes fresh investment of ₹2,069.50 in Reliance Retail, hikes stake to 1.42%.
• OYO parent Oravel joins Japan’s SoftBank to launch luxury hotel chain ‘Sunday’ in India.
• Cred enters new business segment, launches vehicle management service.
• Uday Kotak resigns as Kotak Mahindra Bank MD & CEO, Dipak Gupta takes interim charge.
• Centre reappoints M. Rajeshwar Rao as Deputy Governor of RBI for a period of one year.
• RBI approves re-appointment of ICICI Bank’s MD Sandeep Bakhshi for three years.
• Former SBI Chief Rajnish Kumar appointed Chairman of Mastercard India.
• Rupert Murdoch steps down as head of News Corp and Fox.

General News

• Monsoon session: Both Houses of Parliament face continuous disruptions over Manipur issue.
• Jagdeep Dhankhar reconstitutes Rajya Sabha panel of vice-chairpersons; half of them women.
• Jaishankar, Derek O’Brien among 11 elected to Rajya Sabha from 3 states.
• Lok Sabha Speaker accepts the no-confidence motion moved by the opposition against the Modi govt.
• PM Modi, President Macron participate in Bastille Day celebrations in Paris;
• PM conferred with France’s highest award ‘Grand Cross of Legion of Honour’.
• PM Modi arrives in UAE for bilateral talks; Energy, defence and food security part of agenda.
• PM Modi holds talks with Sri Lankan President Ranil Wickremesinghe.
• PM Modi chairs 23rd SCO Summit virtually; China’s Jinping, Russia’s Putin, Pakistan’s Shehbaz Sharif joins.
• Ajit Doval meets Chinese diplomat Wang Yi, highlights need to restore peace in border areas.
• EAM S Jaishankar meets Myanmar counterpart; discusses India-Myanmar-Thailand trilateral highway.
• Congress appoints Kanhaiya Kumar as AICC in-charge of National Students’ Union of India.
• 28 opposition parties meet in Bengaluru for 2-day unity meeting to discuss strategies ahead of 2024 polls.
• UPA renamed as Indian National Democratic Inclusive Alliance(INDIA) ahead of the 2024 Lok Sabha polls.
• 39 NDA allies vow to contest 2024 LS polls under Modi’s leadership in resolution.
• Electoral bonds 2023: Sale of 27th tranche begins; SBI authorised bank to issue electoral bonds.
• ECI approves Edappadi K Palaniswami as general secretary of AIADMK.
• Chirag Paswan joins NDA after meeting with JP Nadda and Amit Shah.
• Rajnath Singh inaugurates HAL’s regional office in Kuala Lumpur.
• Ajit Pawar swears in as second Deputy CM of Maharashtra; stakes claim to NCP and party symbol.
• Naveen Patnaik beats Jyoti Basu as 2nd longest-serving CM after Pawan Chamling.
• Karnataka CM Siddaramaiah presents ₹3.27 lakh crore budget; announces new education policy.
• Congress government in Chhattisgarh survives no-trust motion moved by BJP.
• Bengal panchayat poll: TMC bags 34,560 gram panchayat seats, BJP wins 9,621 seats.
• Chandrayaan-3: India’s historic Moon mission lifts off successfully, expected to land on 23 August 2023.
• ISRO successfully launches 7 Singaporean satellites on board PSLV-C56 rocket from Sriharikota.
• Centre eases covid norms, drops random RT-PCR tests for international passengers.
• Monsoon covers entire country six days early: IMD.
• Water level in Yamuna River in Delhi rises due to heavy rainfall in northern part of India.
• MoD, FSSAI sign MoU to promote use of millets, healthy eating practices among armed forces personnel.
• Supreme Court extends Enforcement Directorate chief’s tenure.
• CBI takes over probe, files FIR in Manipur video case.
• Rahul Gandhi moves Supreme Court against Gujarat HC order in ‘Modi surname remark’ case.
• Land for jobs scam: CBI files fresh charge sheet against Lalu, Rabri; names Tejashwi for first time.
• Allahabad High Court extends stay on ASI survey till August 3.
• India’s first ‘Tele-MANAS’ chat-bot to ensure 24X7 services launched in J&K.
• First-ever IIT campus outside India to be set up at Zanzibar in Tanzania.
• Oommen Chandy, former Kerala chief minister and Congress veteran, passes away at 79.
• Russia halts wartime deal that allows Ukraine to ship grain.
• NATO chief says no timetable set for Ukraine’s membership; Volodymyr Zelenskyy calls it ‘absurd’.
• US flies nuclear-capable bombers in a fresh show of force against North Korea.
• US rejoins UNESCO, reversing Trump withdrawal.
• British Parliament passes controversial illegal migration bill, UN says it is against international law.
• Bulgaria agrees to send heavy military equipment to Ukraine for the first time since the invasion.
• French President Macron holds discussions with Wickremesinghe during historic Sri Lanka visit.
• Israel launches biggest military operation in West Bank in 20 years.
• Ex-Lankan President Sirisena pays Rs 15 million in compensation to victims of 2019 Easter bombings.
• Pakistan’s major ruling coalition partners agree to dissolve National Assembly.
• Egypt, Turkey upgrade diplomatic relations by announcing new ambassadors after a decade.
• Record heatwaves sweep the world from US to Japan via Europe.
• South Korean President Yoon Suk Yeol pledges $150 million aid to Ukraine after talks with Zelenskiy.
• North Korean leader Kim Jong Un met with Russian Defence Minister Sergei Shoigu.
• China sends warships and fighter jets near Taiwan during Yellen’s Beijing visit.
• WFI ad-hoc panel hands direct Asian Games entries to Bajrang Punia, Vinesh Phogat.
• Satwiksairaj Rankireddy & Chirag Shetty win Korea Open 2023 men’s doubles title.
• Canada Open 2023: Lakshya Sen beats Lo Shi Feng in the final to clinch the title.
• Dipika Pallikal-Harinderpal Sandhu triumph at Asian Mixed Doubles Squash Championship.
• Lausanne Diamond League 2023: Neeraj Chopra wins javelin event with 87.66m throw.
• India clinch eighth Asian Kabaddi Championship title with thrilling victory over Iran in final.
• India lifts SAFF Football Championships trophy for ninth time
• Satwiksairaj Rankireddy ‘smashes’ Guinness world record with fastest badminton hits.
• ICC announces equal prize money for men’s and women’s teams at ICC events.
• IND vs WI: India win Test series 1-0, ODI series levelled at 1-1.
• IND W vs BAN W T20I: India wins the series 2-1.
• England vs Australi, Ashes: Series tied at 2-2.
• BCCI appoints Ajit Agarkar as chairman of senior men’s selection committee.
• Australia’s Victoria pulls out of hosting 2026 Commonwealth Games.
• Wimbledon 2023: Carlos Alcaraz beats Djokovic to win maiden Wimbledon and second Grand Slam title.
• Czech’s Marketa Vondrousova becomes first unseeded women’s Wimbledon champion.

Business News

• Centre approves draft notification to mandate installation of air-conditioning in truck cabins.
• Cabinet approves amendments to Mines and Minerals Act, allows mining of lithium and other minerals.
• Rajasthan government tables country’s first gig workers bill.
• Centre increases windfall tax on crude oil to ₹1,600 per tonne from zero, effective from July 15.
• Bharat Dal brand: Piyush Goyal launches sale of subsidised chana dal at ₹60 per kg.
• Govt brings down subsidised rate of tomato to ₹80/kg from ₹90/kg.
• 50th GST council meeting: Council okays 28% tax on online gaming, casinos and horse racing
• Council reduces tax on food served in theatres to 5%; MUVs to attract 22% compensation cess.
• India and Tanzania start trade settlements in local currencies.
• RBI, CBUAE sign pacts to promote use of rupee, UAE dirham for cross-border transactions.
• India and Sri Lanka sign network-to-network agreements for the UPI acceptance.
• RBI asks banks to provide options for customers to select card networks.
• GIFT Nifty replaces SGX Nifty; LTIMindtree replaces HDFC in Nifty 50.
• BSE board approves share buyback up to ₹374.80 crore at ₹816 per share via tender offer.
• Piramal Enterprises announces first-ever share buyback worth ₹1,750 crore.
• HMA Agro Industries, ideaForge Technology, Cyient DLM, Senco Gold make their market debuts.
• Reliance demerger: Jio Financial shares valued at ₹261.85 apiece.
• HDFC Ergo becomes subsidiary of HDFC Ltd, sells 36,42,290 equity shares.
• Jio Financial Services partners with BlackRock to launch asset management firm.
• US Fed hikes benchmark lending rate to highest level since 2001 to tackle above-target inflation.
• ECB raises rates to 23-year high; keeps options open for September.
• UK Inflation dips below expectations, reaches 15-month low of 7.9%.
• Saudi Arabia invests $10 billion to build Pakistan’s largest oil refinery in Gwadar .
• Gautam Adani meets Bangladesh PM Hasina, commissions India’s first transnational power project.
• Defence ministry signs contract with HAL for Dornier Aircraft worth ₹458 crore.
• TCS bags multi-year deal from the BBC to transform its finance and payroll functions.
• RIL joins hands with Brookfield Infrastructure and Digital Realty to develop data centres in India.
• Tata Sons announces global battery cell gigafactory in the UK.
• Nissan to invest up to 600 million euro in Renault EV unit as part of new pact.
• Tesla rolls out its first electric pickup, the Cybertruck.
• AirAsia India gets approval to operate flights under Air India Express brand.
• Newest airline FLY91 gets routes under UDAN scheme.
• Go First gets green light from DGCA to resume operations, but with riders.
• SpiceJet repays entire ₹100 crore loan to City Union Bank, settles obligations with Nordic Aviation Capital.
• Tata group set to finalise deal to acquire Wistron factory, become first Indian iPhone maker.
• Meta officially launches Twitter rival Threads, more than 30 million users signed up.
• Foxconn withdraws from India’s semiconductor joint venture with Vedanta.
• Microsoft and Meta expand their AI partnership with Llama 2 on Azure and Windows.
• China Unveils Its Own Open-Source Operating System for Computers to Rival Windows, MacOS.
• Wipro launches ai360; to invest US$1 billion in AI.
• Amazon, Google, Meta, Microsoft and other tech firms agree to AI safeguards set by the White House.
• Maharashtra govt accords final nod for Adani Properties’ Dharavi redevelopment project.
• ITC board gives in-principle approval to demerge hotels business.
• OYO enters premium resorts, hotels category, launches Palette brand.
• Elon Musk rebrands Twitter to ‘X’ in brand overhaul.
• BYJU’S holds EGM, proposes formation of board advisory committee to provide CEO strategic guidance.
• PhonePe sets foot in Point-of-sale device market to raise heat on rival Paytm.
• Walmart buys out $1.4 billion Tiger Global stake in India’s Flipkart.
• Hollywood witnesses first big shutdown in 63 years, actors and writers go on strike.

Q1 Results

• TCS Q1 Net profit rises 16% to ₹11,074 crore, declares dividend of ₹9/share.
• Infosys Q1 PAT rises 11% YoY to ₹5,945 crore, revenue up by 10% to ₹37,933 crore; cuts revenue guidance.
• HCL’s Q1 net profit rises by 7% to ₹3,534 crore, revenue at ₹26,296 crore.
• Tech Mahindra Q1 Net profit down 39% YoY to ₹704 crore, revenue grows 3.5% to ₹13,159 crore.
• Wipro Q1 PAT rises 12% YoY at ₹2,870 crore; firm pegs Q2 revenue guidance at -2% to +1%.
• HDFC Bank Q1 net profit jumps 29% YoY to ₹12,370 crore, NII Jumps 21%.
• Kotak Mahindra Bank Q1 PAT jumps 67% at ₹3,452 crore, NII rises 33% to ₹6,234 crore.
• YES Bank Q1 Profit rises 10% YoY to ₹343 crore; NII up 8% at ₹1,999.6 crore.
• Axis Bank Q1 PAT jumps 40% YoY to ₹5,797 crore; NII rises 27% to ₹11,959 crore.
• Punjab National Bank Q1 net profit jumps four-fold to ₹1,255 crore, NII increased to ₹25,145 crore.
• Federal Bank Q1 Net profit rises 42% YoY to ₹854 crore; NII up 20%.
• IndusInd Bank Q1 PAT rises 33% YoY to ₹2,124 crore, income increased by 28% YoY to ₹12,939 crore.
• Ashok Leyland Q1 net profit soars 747% to ₹576 crore, revenue grew 13.39% to ₹8,151.96 crore.
• Bajaj Auto Q1 Net profit rises 42% to ₹1,665 crore; revenue up 29%.
• Tata Motors Q1 Net profit comes at ₹3,203 crore on JLR boost; revenue jumps 42% at ₹1,02,236 crore.
• L&T Q1 Net spikes 47% to ₹2,493 crore; gets board nod for ₹10,000-crore share buyback at 17% premium.
• HUL Q1 Net profit up 7.9% at ₹2,472 crore, revenue up 6.4% YoY at ₹15,333 crore.
• UltraTech Cement Q1 Net profit rises 7% to ₹1,690 crore, revenue grew 17% YoY at ₹17,737.1 crore .

General News

• PM Modi embarks on a three-day state visit to the US; both countries sign many vital agreements.
• PM Modi, Egyptian President El-Sisi sign deal to elevate bilateral relationship to a “Strategic Partnership“.
• NSA Ajit Doval holds talks with US NSA Jake Sullivan on bilateral, regional & international issues.
• Eastern Ladakh border row: India, China hold in-person diplomatic talks.
• India, Nepal agree to tackle boundary dispute amicably; ink raft of pacts to broad-base ties.
• India, Bangladesh agree to initiate 5 joint development projects for border population.
• Jaishankar, Brazilian counterpart hold talks on advancing cooperation in BRICS, IBSA, G20 blocs.
• PM Modi writes to G20 members, proposes full membership for African Union.
• US Defence Secretary Austin arrives in India, holds talks with Rajnath Singh.
• PM Modi and Saudi Crown Prince discuss ways to bolster relations in connectivity, energy & defence.
• President Murmu holds talks with Suriname President; 3 MoUs signed in Agriculture and Health sectors.
• NITI Aayog, UN sign GoI-UN Sustainable Development Cooperation Framework 2023-27.
• Guinness world record created at PM Modi’s Yoga event in US for most nationalities.
• PM Modi flags off 5 Vande Bharat trains in poll-bound Madhya Pradesh.
• Agriculture ministry launches PM Kisan Mobile App with face recognition.
• PM Modi distributes about 70,000 appointment letters to newly inducted recruits under Rozgar mela.
• Centre announces 3 schemes worth over ₹8,000 crore for disaster management in country.
• Centre reviews health preparedness in 7 states as heatwave death toll up.
• India signs global Artemis accord with US, to share data resources over Moon mission.
• Govt clears deal, India to buy US Predator drones that target enemy with pinpoint accuracy.
• Defence Ministry signs ₹500 crore contract to strengthen Indian Army’s communication system.
• Navy carries out successful test of Made in India heavyweight Torpedo to destroy underwater target.
• Union Minister Jitendra Singh launches mRNA-based Covid Booster Vaccine – GEMCOVAC-OM.
• Fresh violence erupts in Manipur; Rahul Gandhi visits relief camps.
• Telangana CM KCR inaugurates Asia’s largest govt-funded housing complex at Kollur.
• NCP’s Sharad Pawar appoints Praful Patel, Supriya Sule as new working presidents.
• Congress appoints TS Singh Deo as Chhattisgarh’s Deputy CM ahead of polls.
• Tamil Nadu minister Senthil Balaji arrested after ED raids.
• Odisha’s triple train crash: 291 dead, over 900 injured in India’s worst train accident in over two decades.
• At 13 days and 3 hours, Biparjoy longest duration cyclone since 1977 makes landfall in coastal Gujarat.
• Chhattisgarh IPS officer Ravi Sinha appointed new chief of Research and Analysis Wing.
• Protesting wrestlers meet Amit Shah, Anurag Thakur, demand Brij Bhushan’s arrest.
• BIS makes license mandatory for 24 footwear products; orders quality control on firemen’s boots, jackets.
• Nehru Memorial Museum and Library renamed Prime Ministers’ Museum and Library Society.
• Yoga event in Surat with over 1 lakh participants sets Guinness World Record.
• Opposition meet in Patna: 15 parties agree to contest 2024 elections together.
• Centre gives nod to National Research Foundation Bill, 2023.
• CAG to probe ‘irregularities’ in Delhi CM house revamp.
• Antony Blinken meets Chinese President Xi Jinping in bid to ease soaring US-China tensions.
• Ukraine, India discuss implementation of Zelenskyy-PM Modi’s agreements.
• Pentagon announces $2 billion Ukraine air defence package.
• Belarus starts receiving tactical nuclear weapons from Russia.
• African leaders meet with Russian, Ukrainian leaders to broker peace between Kyiv and Moscow.
• Russia’s private militia Wagner turns rebel, later agree to Belarus mediated deal to defuse tensions.
• EU approves 11th sanctions package against Russia over Ukraine.
• Former Vice President Mike Pence files paperwork launching 2024 Presidential bid.
• Donald Trump surrenders in court, released, pleads not guilty in secret documents case.
• UAE President Mohammed bin Zayed Al Nahyan meets with Putin, calls for dialogue to end Ukraine war.
• Boris Johnson quits as MP after being told he will be sanctioned for misleading Parliament.
• Iran unveils ‘hypersonic missile’, claims it can beat air defenses.
• Canada launches open work-permit stream for 10,000 American H-1B Visa holders.
• China inks deal with Pakistan to set up a nuclear power plant in Punjab province.
• Former Pakistan leaders Nawaz Sharif, Asif Zardari meet in UAE over election, seat sharing.
• Erdogan sworn in as President of Turkiye for third time.
• United Nations adopt first-ever treaty to protect marine life in high seas.
• China, Pakistan, Iran discuss regional security challenges, Taliban at counter-terrorism meet.
• Sri Lanka’s Cabinet of Ministers gives its approval for Sri Lanka’s domestic debt restructuring program.
• 2023 ODI World Cup: Tournament to begin on Oct 5, India to start campaign on Oct 8 against Australia.
• WTC final 2023: Australia crushes India by 209 runs to win World Test Championship title.
• Australia beat England by two wickets to win first Ashes Test.
• Satwiksairaj Rankireddy-Chirag Shetty win Indonesia Open Men’s Doubles title.
• Novak Djokovic wins French Open to claim men’s singles record 23rd Grand Slam title.
• WFI’s special general meeting notice issued, election & results on July 6.
• Bhavani Devi bags bronze, becomes first Indian fencer to win medal in Asian Championships.

Business News

• Centre releases ₹1.18 lakh crore as third instalment of tax devolution to states in June.
• GST collection rises 12% to ₹1.57 lakh crore in May.
• India’s GDP Grows 6.1% in January-March Quarter, 7.2% in FY23.
• Govt eases policy related to export of certain types of drones, UAVs.
• Centre approves ₹56,415 crores to 16 States for Capital Investment in current financial year.
• RBI leaves repo rate on hold at 6.5%; flags monsoon uncertainties and impact of El Nino.
• MPC opts for hawkish pause, focused on 4% inflation target; retains FY24 GDP growth forecast at 6.5%.
• World Bank approves $255.5 million loan for Indian technical education.
• US, India agree to terminate six of the seven disputes at World Trade Organization.
• Cabinet okays ₹1 lakh crore to create grain storage capacity in cooperative sector.
• Govt caps tur and urad dal stock to curb hoarding, rising prices.
• Govt directs FCI to conduct e-auctions of wheat and rice to check inflationary trends in retail prices.
• Nitin Gadkari lays foundation stone of 10 National Highway projects worth more than ₹8,415 crores in UP.
• Sarbananda Sonowal flags off India’s First International Cruise, From Chennai To Sri Lanka – MV Empress.
• Cabinet approves ₹2,980 crore for Exploration of Coal and Lignite scheme.
• NLC India forms arm to undertake green energy projects.
• National drug pricing body fixes ceiling prices of 51 drugs and 2 formulations.
• World Bank approves $1.5 billion financing for India’s low carbon energy sector.
• Indian stock indices touch fresh all-time highs; Sensex breaches record 64,000-mark, Nifty scales 19,000.
• Wipro extends closing date of ₹12,000 crore buyback to June 30.
• Amrutanjan Health Care board approves buyback plan at ₹900 per share.
• SEBI bans Zee promoters Subhash Chandra, Punit Goenka from holding directorial, key managerial roles.
• SEBI bars IIFL Securities from taking new clients for 2 years.
• ICICI Bank board approves delisting of equity shares of ICICI Securities.
• SBI presents dividend cheque of ₹5,740 crore to Finance Minister.
• HDFC to merge into HDFC Bank effective July 1.
• UK’s Abrdn exits India’s HDFC AMC in $432 million stake sale.
• Equitas Holdings surrenders NBFC license to RBI.
• LIC Mutual Fund to acquire all schemes of IDBI Mutual Fund.
• Bajaj Finserv forays into mutual fund business.
• India and US identify around 25 areas of technology for partnership.
• TCS inks $1.1 billion deal with UK pension scheme Nest.
• Infosys signs $454 million deal with Danske Bank to boost digital transformation.
• Microsoft joins Indian govt to train 6K students, 200 educators in cybersecurity skills.
• Bill Gates meets with Chinese President Xi Jinping in Beijing.
• Cabinet approves $2.7 billion Micron’s chip plant; unit expected to create 5,000 jobs.
• Cabinet approves revival package of ₹89,047 crore for BSNL.
• Govt charts new rules for Oppo, Realme, and other Chinese mobile companies.
• TVS Motor fully acquires Swiss E-Mobility Group after buying residual stake.
• Stellantis, Foxconn form 50-50 JV on semiconductors for auto industry.
• ISRO partners with Tata Elxsi to strengthen capabilities for Gaganyaan Mission.
• Centre asks airlines to devise mechanism for reasonable pricing of air tickets.
• IndiGo makes historic $50 billion aircraft order, securing 500 Airbus A320 family planes.
• Air India places firm order for 470 planes from Airbus, Boeing at Paris Airshow.
• Akasa Air orders four Boeing B737 MAX planes at Paris Air Show.
• Go First creditors approve ₹425 crore interim fund to revive airline, await board nod.
• General Motor to join Tesla’s EV charging network in US.
• Tata to build India’s 1st lithium-ion cell manufacturing gigafactory in Gujarat.
• Aether Industries signs licensing agreement with Saudi Aramco Technologies.
• Tesla will be in India as soon as humanly possible: Elon Musk after meet with PM Modi.
• Saudi Arabia announces to cut oil production by 1 million barrels per day in July.
• Shell Petroleum decides to sell its shares, exit Pakistani market.
• GE Aerospace signs pact with HAL to manufacture fighter jet engines for IAF.
• Thyssenkrupp, India’s Mazagon Dock Shipbuilders sign submarine MoU.
• Yamuna Expressway Authority launches data centre scheme, eyes ₹220 crore revenue.
• Supreme Court revives ban on Uber, Rapido bike taxis in New Delhi.
• India bans 14 fixed-dose medicines for likely posing risks to health.
• President Biden signs debt limit bill, avoiding U.S. default.
• Fed keeps rates unchanged for first time in 15 months but signals 2 more potential hikes this year.
• IMF reaches staff-level agreement with Pakistan on $3 billion ‘stand-by arrangement’.
• World Bank approves $1.5 billion loan for Ukraine’s economic recovery.
• Pakistan govt hikes federal budget for next fiscal year.
• New Zealand’s economy dips into recession as higher interest rates bite.
• UK net debt passes 100% of GDP for first time since 1961.
• World Bank to provide $500 million budget support to Sri Lanka.
• BBC acknowledges it paid lower taxes in India.
• Jio Cinema wins digital rights for India’s tour of West Indies 2023.
• Lulu Group set to invest ₹10,000 crore in India; ₹3,500 crore in Telangana over next 5 years.
• Byju’s lenders scrap talks to restructure $1.2 billion loan.
• Deloitte resigns as statutory auditor of Byju’s and Aakash Educational.
• CCL acquires six coffee brands from Lofbergs Group.
• Indian American Ajay Banga takes over as World Bank President.
• IndiGo CEO Pieter Elbers elected as next chief of IATA’s board of governors.
• SBI MD Swaminathan Janakiraman appointed as RBI’s deputy governor.
• Eddie Wu to succeed Daniel Zhang as Amazon CEO, Joe Tsai named group’s chairman.

General News

• PM Modi dedicates new Parliament building to the nation, ‘Sengol’ placed in Lok Sabha chamber.
• PM releases special stamp, ₹75 coin to mark inauguration of new Parliament building.
• PM Modi attends 2023 Quad Leaders’ Summit in Sydney.
• Quad leaders express deep concern over Ukraine war; mourn its terrible humanitarian consequences.
• G7 Nations urge China to press Russia to end war in Ukraine, respect Taiwan’s status, fair trade rules.
• PM Modi embarks on a six-day visit to Japan, Papua New Guinea, and Australia.
• Rajnath Singh hands over fast patrol vessel landing craft assault ship to Maldives.
• EU Indo-Pacific Ministerial Forum: Jaishankar discusses Indo-Pacific, Ukraine war with his counterparts.
• President Murmu confers 37 Gallantry Awards during Defence Investiture ceremony.
• President Droupadi Murmu inaugurates the country’s largest High Court building in Ranchi .
• PM Modi distributes about 71,000 appointment letters to newly inducted recruits under Rozgar Mela.
• All states to celebrate statehood days of other states also in order to promote Ek Bharat Shreshtha Bharat.
• Arjun Ram Meghwal appointed as Law & Justice Minister; Kiren Rijiju assigned Ministry of Earth Sciences.
• Siddaramaiah sworn in as Chief Minister of Karnataka for second term; D K Shivakumar as Deputy CM.
• Karnataka portfolios: Siddaramaiah keeps Finance, Shivakumar gets Irrigation, Bengaluru development.
• Kerala Governor signs ordinance for stringent punishment for offences against those in health services.
• Thangam Thennarasu replaces Palanivel Thiaga Rajan as Tamil Nadu Finance Minister.
• Sachin Pilot holds Jan Sangharsh Yatra against graft and paper leaks in Rajasthan.
• Ethnic clash erupts in Manipur; Centre takes charge by invoking Article 355.
• People’s Democratic Front merges with Meghalaya’s ruling National People’s Party.
• Nitish Kumar meets Kejriwal, Sharad Pawar; discuss strengthening opposition unity ahead of LS polls.
• Sharad Pawar takes back decision to resign as NCP chief
• Indian wraps up Operation Kaveri; rescues 3,862 Indians from Sudan.
• India, Australia sign migration pact; to open new consulate in Brisbane.
• Centre approves indigenisation of 928 defence items ‘to promote Aatmanirbharta’.
• India, US discuss co-producing jet engines, long-range artillery, infantry vehicles.
• ISRO successfully launches its next-generation navigational satellite – NVS-1 from Sriharikota.
• DRDO & Indian Navy conducts successful maiden test trial of Air Droppable Container -150 in Goa.
• Maiden ASEAN-India Maritime exercise starts in Singapore; ten countries participate.
• Jal Jeevan Mission achieves milestone of providing tap water supply to 12 crore rural households.
• National Medical Commission mandates registration of all medical practitioners with unique ID.
• Governor’s actions illegal but can’t reinstate Thackeray as CM as he resigned before floor test: SC.
• CAG Girish Murmu re-elected as external auditor of WHO for 4-year term.
• Karnataka DGP Praveen Sood appointed as CBI Director.
• Top wrestlers detained as protest against federation chief intensifies.
• Patna High Court puts an interim stay on state govt’s decision to conduct caste-based census.
• CBI files charge sheet against Congress leader Jagdish Tytler in 1984 anti-Sikh riots case.
• Delhi govt has control over services except public order, police and land: SC on Delhi-Centre power row.
• US court approves extradition of 26/11 Mumbai attack accused Tahawwur Rana to India.
• Russia launches ‘largest drone attack’ on Ukrainian capital on Kyiv Day.
• Russian PM Mikhail Mishustin arrives in China for business forum, talks with President Xi.
• Russia, Belarus ink document on tactical nuclear weapon deployment in Belarus.
• Germany unveils €2.7 billion weapons package for Ukraine.
• Zelenskyy meets Pope Francis at Vatican; seeks backing for Ukraine’s peace plan.
• Turkey’s Erdogan wins historic runoff election, extends his two-decade rule.
• Florida Governor Ron DeSantis launches 2024 presidential bid.
• Covid-19 no longer a global health emergency, next pandemic to be more lethal than ever: WHO Chief.
• King Charles and Princess Camilla crowned in historic Coronation celebrations.
• Arab governments vote for Syria’s return to the Arab League after 12-year absence.
• Death toll climbs to 600 as armed conflict continues in Sudan.
• Pakistan, China reiterate to continue cooperation on CPEC.
• China, Afghanistan, Pakistan pledge to enhance cooperation on security, counter-terrorism
• Bilawal Bhutto Zardari attends Shanghai Cooperation Organization meet in Goa.
• Former Pakistan PM Imran Khan arrested; SC declares arrest ‘illegal’, orders his immediate release.
• Cyclone Mocha: Super cyclone, equivalent to 4 hurricanes, hits Myanmar, Bangladesh.
• IPL 2023: Chennai Super Kings beat defending champions Gujarat Titans to clinch 5th title.
• Shubman Gill wins Orange Cap with 890 runs, Md Shami clinches Purple Cap with 28 wickets.
• World Test Championship final: Ishan Kishan replaces KL Rahul in India squad against Australia.
• Shubman Gill becomes first batter to score hundred in Test, ODIs, T20I, IPL in calendar year.
• Pakistan appoint former New Zealand all-rounder Grant Bradburn as men’s team head coach..
• Malaysia Masters 2023: Prannoy defeats Weng, wins maiden BWF World Tour Title
• Neeraj Chopra creates history, becomes world number 1 in men’s javelin throw rankings.
• Sherpa Kami Rita scales Mt Everest for 28th time, sets new world record.
• Italian Open: Kazakhstan’s Elena Rybakina clinches women’s title; Daniil Medvedev wins men’s title.

Business News

• RBI withdraws ₹2000 note from circulation, to remain legal tender; can be exchanged at banks on or before September 30, 2023.
• Digital Rupee: RBI launches expand e-Rupee pilot to include more banks.
• India achieves highest ever GST revenue collection of over ₹1,87,000 crore in April 2023.
• Government lowers threshold for GST e-invoicing to ₹5 crore.
• Manufacturing PMI hits 4-month high in April to 57.20; WPI declines for 11th straight month to -0.92%.
• PM Modi and Japan’s Kishida discuss cooperation in green hydrogen, semiconductors.
• Centre inks MoU with Japan agency to develop high-speed rail stations.
• India, EU affirm commitment to work together on common priorities for WTO-related issues.
• India and European Union agree to coordinate their policies in strategic semi-conductor sector.
• Centre to roll out pan-India mobile tracking system to aid finding lost devices.
• Govt bans import of 928 items to promote domestic defence industry.
• Defence exports surge to ₹16,000 crore in FY2022-23, from ₹686 crore in FY2013-14.
• Centre announces 60-day time limit for approval in a bid to fast-track M&As.
• Finance Ministry permits 22 finance companies to undertake Aadhaar-based verification of clients.
• Govt unveils UDAN 5.1 to enhance connectivity to remote areas through helicopters.
• Govt cuts subsidy on electric 2-wheelers to ₹10,000 per kWh from existing ₹15,000 per kWh.
• Cabinet clears fertiliser subsidy cut, PLI scheme for IT hardware.
• Centre asks states to crack down on outdoor advertisements of betting, gambling platforms.
• International debit, credit card spends of up to ₹7 lakh a year exempt from 20% TCS.
• Centre makes tests mandatory for exporting cough syrups from June 1.
• India Post signs MoU with Confederation of All India Traders and Tripta Technologies for logistics services.
• Puri – Howrah, Delhi – Dehradun, Guwahati-New Jalpaiguri Vande Bharat Express trains launched.
• Andhra CM Y.S.Jagan Mohan Reddy launches ₹5,156 crore Machilipatnam port works.
• Tamil Nadu govt signs MoUs with Japan, Singapore based firms.
• Mankind Pharma, Nexus Select Trust make their market debuts.
• Adani-Hindenburg: Supreme Court gives SEBI extension till August 14 to complete probe.
• NCLT dismisses IDBI Bank’s insolvency plea against Zee Entertainment.
• NCLAT upholds Go First bankruptcy proceedings in a setback to lessors.
• US Fed hikes interest rates by 25 basis points, signals a pause.
• House OKs debt ceiling bill to avoid default, sends Biden-McCarthy deal to Senate.
• China’s Central Bank keeps interest rates unchanged, adds more liquidity as recovery struggles.
• UK inflation falls to lowest level in over a year; CPI drops to 8.7%.
• Pakistani rupee plunges to record low of 299 against US dollar.
• Australia govt to change petroleum tax, LNG projects to pay more.
• JPMorgan to buy embattled First Republic Bank after rescue efforts fail.
• G7 calls for adoption of international technical standards for AI.
• South Korea’s Hyundai to invest $2.45 billion in India.
• Tesla proposes new EV plant in India for domestic sales, exports.
• Garuda Aerospace, HAL subsidiary tie up for drone manufacture.
• China’s first domestically built passenger plane successfully makes its maiden commercial flight.
• TCS led consortium secures ₹15,000 crore order from BSNL for nationwide 4G network deployment.
• Cisco to manufacture from India in diversification move.
• Foxconn to set up $500 million manufacturing plant in Telangana; will create 25,000 jobs.
• Nvidia unveils more AI products after $184 billion rally.
• Zoom gets pan-India telecom licence to offer telephone services to enterprise customers.
• Paytm partners with NPCI to launch Paytm SBI Card on the RuPay network.
• Aurionpro Payments gets in-principle nod from RBI to operate as payment aggregator.
• PhonePe gets another $100 million from General Atlantic; total funding rises to $850 million.
• Google Pay launches RuPay credit cards support on UPI in India.
• NTPC, NPCIL sign joint venture agreement to develop nuclear power projects.
• Uber partners with GeM portal to offer taxi services to govt offices, agencies, PSUs at fixed price.
• Edtech major Byju’s raises ₹2,000 crore in fresh funding from US investment firm.
• Microsoft announces Windows Copilot, an AI personal assistant for Windows 11.
• Berkshire shareholders vote to keep Warren Buffett as chairman.
• Hinduja Group chairman S P Hinduja dies in London at 87.
• Ajay Banga Selected 14th President of the World Bank.
• L&T names S N Subrahmanyan as CMD; A M Naik to be Chairman Emeritus.
• Elon Musk announces Linda Yaccarino as new Twitter CEO.
• Paytm Payments Bank gets RBI nod to re-appoint Vijay Shekhar as part-time chair for a year.

Q4 Results

• SBI Net profit zooms 83% YoY to ₹16,695 crore, NII rises 29% to ₹40,393 crore, dividend at ₹11.30 /share.
• Punjab National Bank’s Q4FY23 profit surges six times to ₹1,741.11 crore; NII rises 30% to ₹9,499 crore.
• Karnataka Bank Q4 Net profit up 171.5% YoY at ₹353.53 crore, NII up 27.15% at ₹860.05 crore.
• HDFC net profit rises 19% YoY to ₹4,425 crore in Q4; NII climbs 16% to ₹5,321 crore.
• LIC Q4 Net profit rises five-fold to ₹13,191 crore, total income declines to ₹2,01,022 crore.
• Ashok Leyland Q4 PAT falls 17% YoY to ₹751 crore, revenue rises 33% to ₹11,626 crore.
• Tata Motors clocks profit of ₹5,408 crore in Q4; revenue jumps 35% YoY to ₹105,932 crore.
• Hero MotoCorp Q4 net up 31% at ₹811 crore; total income at ₹8,672 crore.
• TVS Motor Q4 Profit up 21% at ₹336 crore, revenue at ₹8,031 crore.
• Bharti Airtel Q4 net profit soars 50% YoY to ₹3,006 crore, revenue surges by 14% to ₹36,009 crore.
• Paytm logs ₹7,990 crore revenue in FY23, becomes India’s highest earning new-age firm.
• ITC Q4 Profit surges 23% YoY to ₹5,175 crore; revenue rises 7% to ₹19,058 crore.
• Biocon Q4 Profit grows 31% YoY to ₹313 crore, revenue surges 57% to ₹3,774 crore.

General News

• Karnataka Assembly Elections to take place on May 10, counting to be held on May 13.
• Assembly election results 2023: Neiphiu Rio takes oath as Nagaland CM for fifth term.
• Conrad Sangma takes oath as Meghalaya CM and Manik Saha as Tripura CM for second term.
• Both houses of Parliament face multiple disruptions over Rahul Gandhi and Adani issues.
• Rahul Gandhi convicted ‘Modi surname’ defamation case, disqualified by Parliament..
• PM Modi inaugurates 8th edition of Raisina Dialogue; Italian PM Giorgia Meloni Chief Guest of the event.
• Australian PM Anthony Albanese visits India; becomes first foreign leader to visit INS Vikrant.
• Japanese PM Fumio Kishida arrives in India on a two-day visit.
• India signs $ 1 billion loan pact with World Bank to boost healthcare infra.
• India, Mexico sign MoU on research, technology and innovation collaborations.
• India, World Food Programme sign MoU during Global Millets Conference.
• PM Modi unveils official stamp, coin of the International Year of Millets 2023 at Global Millets Conference.
• Jaishankar, US Secretary of Air Force discuss opportunities for India-US defence cooperation.
• Govt advises states to follow 5-fold strategy to fight Covid-19 as cases go up.
• NITI Aayog holds inter-ministerial meeting to review Seasonal Influenza situation in the States.
• Health Ministry issues advisory as IMD forecasts heatwaves after hottest February since 1901.
• UIDAI rolls out new security mechanism for robust fingerprint-based Aadhaar authentication.
• President to appoint CEC, ECs on recommendation of committee comprising PM, LoP & CJI, orders SC.
• Karnataka govt scraps Muslim quota of 4%, increases quota of Lingayats and Vokkaligas by 2% each.
• CM Yogi Adityanath approves infrastructure projects worth ₹465 crore in Ayodhya.
• CM Ashok Gehlot announces formation of 19 new districts, 3 new divisions in Rajasthan.
• Akhilesh Yadav meets Mamata Banerjee; agree on new front – without Congress.
• EPS takes charge as AIADMK general secretary after Madras HC rejects OPS challenge.
• Centre announces 10% reservation for ex-Agniveers in BSF recruitment.
• Centre approves buying of different weapon systems worth over ₹70,000 crore for Defence forces.
• Indian Army signs MoU with NTPC for implementing of Green Hydrogen Projects in Army Establishments.
• NITI Aayog’s Atal Innovation Mission join hands with Australia’s science agency CSIRO.
• ISRO successfully launches heaviest payload rocket mission LVM3-M3 OneWeb India-2 with 36 satellites.
• Supreme Court fixes February 28, 2024 as deadline to pay ₹28,000 crore arrears under OROP scheme.
• Bar Council permits foreign lawyers and firms to practice foreign law in select fields in India.
• Delhi excise policy case: K Kavitha appears before ED for questioning; Delhi court rejects Sisodia bail.
• Lalu Prasad Yadav, Rabri Devi & daughter Misa Bharti get bail in land-for-job scam case.
• President Murmu presents 3 Padma Vibhushan, 4 Padma Bhushan and 47 Padma Shri Awards for 2023.
• Oscars 2023: ‘The Elephant Whisperer’ bags award for Best Documentary Short Film.
• Naatu Naatu wins Oscar, becomes first song from an Indian film to bag honour.
• UN member states agree on historic deal to protect high seas after decades of talks.
• WHO calls on China to be transparent in sharing data to determine Covid’s origins.
• US’ Antony Blinken meets Russia’s Sergei Lavrov on G20 sidelines, urges stance reversal on nuclear treaty.
• ICC judges issue arrest warrants against Vladimir Putin over Ukraine war crimes.
• President Xi Jinping meets with Russian President Vladimir Putin.
• Xi Jinping secures historic third term as Chinese President, Li Qiang appointed Chinese Premier.
• China reopens to tourists, resumes all visas following COVID-19 lockdowns.
• Japan, South Korea agree to mend ties as leaders meet after 12 year gap.
• US approves selling Taiwan $619 million worth of F-16 munitions.
• US Senate panel approves Biden’s pick Eric Garcetti for India Ambassador.
• AUKUS deal: US, Australia and UK ink nuclear-powered submarine deal to counter Chinese aggression.
• UK boosts defense spending by $6 billion in response to Russia and China.
• Emmanuel Macron survives no-confidence vote as fresh protests rock France against pension reforms.
• Netanayhu government survives no-confidence votes in Israeli parliament.
• British, New Zealand parliaments block TikTok over security concerns.
• Saudi Arabia approves decision to join the Shanghai Cooperation Organisation as ties with Beijing grow.
• Myanmar’s Military Govt Junta dissolves Aung San Suu Kyi’s Party along with other Opposition Parties.
• North Korea unveils new nuclear warheads as US air carrier arrives in South.
• Nepali Congress leader Ram Chandra Paudel sworn in as President of Nepal.
• North Korea calls on UN to demand immediate end to US, South Korea combined military drills.
• Odisha CM Patnaik inaugurates India’s largest hockey stadium – Birsa Munda Stadium in Rourkela.
• WPL 2023 Final: Harmanpreet Kaur-led Mumbai Indians defeat Delhi Capitals by 7 wickets, win inaugural title; Meg Lanning wins Orange Cap, Hayley Matthews Purple Cap.
• IND vs AUS ODI Series: Australia win series 2-1, become No.1 ODI team
• IPL 2023 begins; BCCI introduces new rule changes and playing conditions for the 16th season.
• Ashwin breaks Anil Kumble’s twin record with his fifer in Ahmedabad.
• FIFA confirms expanded 2026 World Cup with record 104 matches.

Business News

• PM Modi, Sheikh Hasina inaugurate ₹377 crore diesel pipeline to Bangladesh.
• Nirmala Sitharaman presents ₹1.18 lakh crore budget for J&K in Lok Sabha.
• LG Manoj Sinha lays the foundation stone for a ₹250-crore mall in Srinagar, calls it J&K’s first FDI project.
• Lok Sabha passes Finance Bill; approves setting up of GST Appellate Tribunal.
• Withholding tax on royalties and fees for technical services earned by foreign companies doubled to 20%.
• Mutual Fund investments with less than 35% equity investment will be deemed as STCG.
• Centre slashes windfall tax on domestic crude oil to ₹3,500 per tonne; hikes duty on diesel.
• Cooking gas price hiked by ₹50 per cylinder, commercial gas go up by ₹350.
• Govt extends Ujjwala Yojana LPG subsidy of ₹200/gas cylinder for another year.
• Govt sanctions ₹800 crore for installing 7,432 EV fast charging stations across the country.
• Centre launches portal to ensure availability of power during peak demand at high price.
• Centre forms Committee of Secretaries to fast-track infrastructure projects along northern border areas.
• Govt hikes DA, DR for central govt employees to 42% of basic pay.
• India, World Bank sign agreement for construction of Green National Highway Corridor project in 4 states.
• India unveils the new Foreign Trade Policy 2023 in order to boost exports amid slowing global trade.
• Ministry of Steel signs MoU with selected companies under PLI scheme.
• Govt imposes money laundering provisions on crypto sector.
• Centre amends anti-money laundering rules, brings ‘politically exposed persons’ under PMLA.
• Centre grants full Customs Duty exemption on import of medicines & food for treating rare diseases.
• Odisha approves 25 industrial projects worth ₹5,827 crore to create jobs.
• Andhra Pradesh has received 340 investment proposals worth ₹13 lakh crore: CM YS Jagan Mohan Reddy.
• Govt clears launch of IFFCO’s nano DAP fertiliser in market.
• India gets world’s longest railway platform at Hubballi in Karnataka.
• Central Railway achieves 100% electrification of entire Broad Gauge Network.
• UP CM Yogi Adityanath, Nitin Gadkari inaugurate 18 road projects worth ₹10,000 crore for eastern UP.
• Maharashtra govt partners with 91Springboard to set up virtual incubation center.
• PAN, Aadhaar linking deadline extended to June 30, 2023: CBDT.
• Hindustan Zinc declares ₹11,000 crore dividend; Vedanta to earn ₹7,132 crore, LIC to get ₹296 crore
• ICICI Bank launches digital solutions for participants of capital market and custody services.
• Bank of Baroda board approves divestment of up to 49% stake in credit cards subsidiary.
• Yes Bank 3 years share Lock-In period ended on March 13.
• Adani-Hindenburg row: SC orders committee to probe share crash; asks Centre, SEBI to cooperate.
• Fed hikes interest rate 0.25 point to curb inflation despite banking turmoil.
• Bank of England hikes rates by 25 bps, following US Fed.
• Pakistan’s inflation soars to 47% fueled by high food prices; onion up 228%, wheat 120%.
• Biden unveils $6.9 trillion budget, raises tax on rich, boosts spending on infra.
• US closes Silicon Valley Bank, the 16th largest bank in America, in biggest collapse since 2008.
• HSBC buys Silicon Valley Bank’s UK arm for £1 to protect deposits.
• First Citizens Bank agrees to buy Silicon Valley Bank deposits and loans.
• UBS agrees to buy Credit Suisse for more than $2 billion.
• New York Community Bank agrees to buy failed Signature Bank in $2.7 billion deal.
• Pakistan’s central bank raises key policy rate by 300 bps to 20%, highest level since 1996.
• China approves $1.3 billion rollover for cash-strapped Pakistan.
• Lanka’s central bank raises interest rates in anticipation of IMF bailout.
• IMF approves $3 billion in financial assistance for Sri Lanka to overcome crisis.
• Ukraine clinches $15.6 billion IMF loan, a first for nation at war.
• Eris Lifesciences buys dermatology brands from Dr Reddy’s for ₹275 crore.
• Tata Motors reaches new milestone, crosses 50 lakh passenger vehicle production mark.
• Hyundai inks agreement to take over General Motors India’s Talegaon plant.
• Hero MotoCorp signs agreement with US based Zero Motorcycle to collaborate on premium EV vehicles.
• U.S. and Japan strike deal on Minerals used in batteries for Electric Cars.
• Tesla officially opens Superchargers to non-Tesla EV owners in the US.
• Honda announces to shut plant in Pakistan till March 31, cites supply chain disruptions.
• Tata Group in agreement with Lockheed Martin to begin fighter wing production.
• Riyadh Air: Saudi Arabia unveils new national airline to compete with Gulf rivals.
• Bharti-backed OneWeb deploys another 40 satellites to low-Earth orbit with SpaceX.
• ONGC signs MoU with France’s TotalEnergies for exploration of deep-water blocks.
• HPCL and Chevron partner to introduce advance-tech lubricants in India.
• Essar group to set up steel plant in Saudi Arabia with an investment of $4 billion.
• India, US sign MoU on semiconductor supply chain and innovation partnership to boost cooperation.
• Airtel India adds 235 cities to 5G network, service available in 500 cities.
• Jio extends 5G coverage to 27 more cities, now covers 331 cities.
• Telecom products maker HFCL collaborates with Microsoft to roll out private 5G solutions for enterprises.
• iPhone maker Foxconn to set up electronic manufacturing plant in Telangana, to generate 1 lakh jobs.
• OpenAI introduces ChatGPT successor GPT-4, new chatbot aces LSAT, GRE, and all major exams.
• Ernie Bot: Baidu showcases China’s answer to ChatGPT to lead transformative technology.
• Adani prepays $2.15 billion share-backed financing, $500 million loan for Ambuja deal ahead of deadline.
• White House endorses TikTok bill, calls for swift ban of Chinese app.
• Alibaba Group announces structural overhaul, split of business into six units.
• PhonePe gets payment aggregator license, reaches $1 trillion annualised payment value run rate.
• Tata Group pauses talks to buy majority stake in bottled water firm Bisleri.
• HUL board names Rohit Jawa next MD & CEO, tenure starts from June 27.
• Infosys’ former President Mohit Joshi to replace CP Gurnani as Tech Mahindra’s MD & CEO.
• Rajesh Gopinathan quits as TCS CEO; K Krithivasan appointed CEO-designate.
• Biocon’s Kiran Mazumdar-Shaw to retire from Infosys Board.
• NDTV appoints ex SEBI chairman UK Sinha, Welspun India CEO Dipali Goenka as independent directors.
• RIL names V Srikanth as new CFO; veteran Alok Agarwal to become Senior Advisor to Chairman.