Bhosale picked one banking stocks and one IT stock to buy on December 2, 2024

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The idea is that having Eknath Shinde as the Leader of Opposition would marginalise the Maha Vikas Aghadi (MVA) in the Maharashtra assembly, ensuring that the Mahayuti government faces less criticism

Eknath Shinde, Eknath

Stock Market Highlights: the NSE Nifty50 settled at 24,276.05, up 144.95 points or 0.6 per cent higher from its previous close. The index traded in the range of 24,301.70-24,008.65 today

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Three Hindu temples were vandalised by a slogan-shouting mob on Friday in Bangladesh's Chattogram which has witnessed protests and violence since a former ISKCON member was booked under sedition charges.
The attack took place around 2:30 pm in the port city's Harish Chandra Munsef Lane, where the Shantaneshwari Matri Temple, the nearby Shoni Temple, and the Shantaneshwari Kalibari Temple were targeted, news portal BDNews24.com reported.
"A group of several hundred slogan-shouting people threw brickbats at the temples, damaging the Shoni Temple and the gates of the other two temples," the news portal quoted temple authorities as saying.
Kotwali Police Station chief Abdul Karim confirmed the attack, saying that assailants attempted to damage the temples.
Police, however, said the damage to the temples was minimal after the confrontation between the two sides, with both groups throwing brickbats at each other, it added.
Tapan Das, a permanent member of the Shantineshwari Main Temple 

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Here is the best of Business Standard's opinion pieces for today

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Air pollution is one of the aggravating factors for respiratory diseases, however, there is no conclusive data available in the country to establish a direct correlation between any disease caused exclusively by air pollution, MoS for Health Prataprao Jadhav told the Lok Sabha on Friday.
The health effects of air pollution are synergistic manifestations of factors which include food habits, occupational habits, socioeconomic status, medical history, immunity and heredity etc. of the individuals, Jadhav said in a written reply.
Air pollution is one of the aggravating factors for respiratory ailments and associated diseases, however, there is no conclusive data available in the country to establish direct correlation of disease exclusively due to air pollution, Jadhav said in the reply.
The Union Health Ministry provides technical and financial support to the states and union territories to strengthen the public healthcare system, based on the proposals received in the form of Program

air pollution, AQI

Adani acknowledged the scrutiny faced by his group in recent years, citing challenges such as the coal mine resistance in Australia and allegations of compliance issues in the US

Gautam Adani, Adani

In October, UPI recorded 16.58 billion transactions worth Rs 23.5 trillion-the highest since the digital payment system became operational in April 2016

Foreign direct investment in India rose by 45 per cent year-on-year to USD 29.79 billion in April-September this fiscal on healthy inflows in services, computer, telecom and pharma sectors, according to government data.
FDI inflows were at USD 20.5 billion in April-September 2023-24.
In the July-September quarter, the inflows grew by about 43 per cent year-on-year to USD 13.6 billion against USD 9.52 billion in the same quarter last fiscal.
The foreign direct investment in India was up 47.8 per cent to USD 16.17 billion in the April-June quarter.
Total FDI, which includes equity inflows, reinvested earnings and other capital, grew by 28 per cent to USD 42.1 billion during the first half of this fiscal from USD 33.12 billion in April-September 2023-24, the Department for Promotion of Industry and Internal Trade (DPIIT) data showed.
During the April-September period this financial year, FDI equity inflows rose from major countries, including Mauritius (USD 5.34 billion against USD 2

dollars

The FSSAI has reclassified packaged drinking water and mineral water as a high-risk food category, mandating stricter regulatory controls and annual facility inspections.
The move, effective immediately following an order dated November 29, requires manufacturers to undergo mandatory third-party food safety audits and comply with enhanced quality standards.
Central licence holders in this category must now submit to annual inspections aimed at mitigating potential health risks associated with packaged water production.
The reclassification by the Food Safety and Standards Authority of India (FSSAI) follows recent amendments to the Food Safety and Standards (Prohibition and Restrictions on Sales) Regulations, 2011, which previously removed mandatory BIS certification requirements for certain food products.
The  reclassification is designed to strengthen consumer protection and maintain rigorous quality control in the packaged water industry.

packaged drinking water, packaged water, water, drinking water

At least 300 fighters, primarily from the Badr and Nujabaa groups, crossed late on Sunday using a dirt road to avoid the official border crossing

Iraqi security forces and allied Popular Mobilization forces fire artillery during fight against Islamic State militants in Fallujah, Iraq

Rating agency ICRA on Monday said it expects sequential revenue growth for India Inc in the December quarter, led by improved rural demand and uptick in government spending, additionally supported by the festival season.
However, headwinds such as uneven urban demand and evolving global uncertainties could weigh on growth in the second half of the fiscal, it said.
On balance, ICRA said it expects the operating profit margin (OPM) for India Inc to improve in the coming quarters.
As a result, the credit metrics of India Inc in the October-December period of FY25 are estimated to improve with the interest coverage ratio in the range of 4.5-5 times, against 4.1 times in Q2 FY25, the agency said.
Commenting on the trends, Kinjal Shah, Senior Vice President and Co-Group Head -- Corporate Ratings, ICRA -- said while corporate India witnessed a muted sequential revenue growth in Q2 FY2025, led by the ongoing slowdown in urban demand, lower government spending amid monsoon-related disruptio

ICRA

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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