Retail inflation hits 2-year high; banks raise deposit rates; RBI consolidates money transfer rules

Qualcomm has started laying off employees in India as part of a global workforce restructuring that could affect around 7% of its employees. With nearly 20,000 employees in India, around 1,000 jobs

IBM is ending US visa and green card sponsorship for most roles in its Consulting division, which employs over 150,000 people. The move comes amid tighter US immigration rules and growing scrutiny of

Prime Minister Narendra Modi on Friday inaugurated the much-awaited Pink Line from Kalena Agrahara to Tavarekere of the Metro Rail project here, built at a cost of around Rs 3,470 crore.
PM Modi and Karnataka Chief Minister D K Shivakumar together flagged off the new services and travelled on the Metro train. Modi and Shivakumar were also seen buying separate tickets from the counter.
The chief minister explained to the PM about the advantage of a double-decker elevated corridor having a metro rail line as well as a flyover to ease traffic congestion in the city.
Governor Sudha Yadav, MP Tejasvi Surya and Minister K B Gowda also travelled in the Metro train.
The total length of the Pink Line is 21.25 km, comprising 18 stations. While the elevated corridor, which the prime minister inaugurated, has six stations, the underground section will have 12 stations and is still under construction.
According to an official statement, the Pink Line Project from Kalena Agrahara to Tavarekere 

Bengaluru metro, PM Modi

Press Trust of India

Dish TV India's consolidated net loss in September quarter FY27 widened to Rs 295.74 crore, exceeding its revenue from operations of Rs 292 crore for the period due to higher expenses.
In the year-ago period, the loss stood at Rs 132.65 crore.
Revenue from operations was flat at Rs 292 crore in September quarter as against Rs 291 crore a year ago. Total expenses were up 36.74 per cent to Rs 590.67 crore.
In the September quarter, Dish TV's subscription revenue was Rs 179.5 crore, down 22.76 per cent. It contributed 61.5 per cent to Dish TV's revenue in the quarter.
However, the company said it had a gain of  2.10 lakh subscribers during the quarter. Dish TV's active subscriber base increased to 75.56 lakh as against 73.46 lakh at the end of June 2026.
"This marks a sequential improvement following the decline of 4.38 lakh in the active subscriber base during Q1 FY27," it said.
Operating revenue was flat at Rs 292 crore in the September quarter. It includes subscription revenues, 

Dish TV

Chief Economic Advisor V Anantha Nageswaran on Friday said monetary policy tools such as interest rate adjustments may become less effective in tackling inflation in a world increasingly vulnerable to supply-side disruptions.
"Fiscal and other public policy measures will be more important because raising interest rates will not solve the supply-induced problems. If anything, it may even be counter-productive," he said at the 9th Annual Food Systems Dialogue here.
Amid persistent supply induced issues, countries will have to use all kinds of flexibilities with regards to the inflation targeting framework, he said.
"Since 2022, very few countries have met their inflation target. So, it will be there as a framework, but I think countries will take creative liberties with it, as they have to," he added.
Supply chain disruption following the Russia-Ukraine war, which has been ongoing since February 2022, followed by the West Asia crisis, has resulted in soaring prices, especially energy

Chief Economic Advisor Anantha Nageswaran

The regulator has given two working groups one month to draft RBC regulations and an approach paper, aiming to align capital calculations with Ind AS and reduce compliance costs

irdai

Business Standard

The government's ₹37,500-crore coal gasification scheme attracted only two applications in its second round, with experts citing financing constraints, uncertain demand and logistical costs.

coal

The government aims to sell another 2.5 million tonnes of rice in FY27 after selling an equal quantity by October, amid rising prices and concerns over lower production in southern states

rice export

Women remain under-represented in Indian corporate leadership and earn less than men, highlighting the gap between workplace policies and actual gender equality.

woman, women leaders

The pollution regulator says readings exceeding the monitoring instruments' calibrated limit of 1,000 µg/m³ are excluded from calculations, while a review of data processing methodology is under way

air pollution

Better-quality buses, expanding sleeper services and improving highway infrastructure are making road travel more comfortable and reliable

bus travel, buses, bus

In response to Sebi's October consultation paper, BCAS seeks clearer rules on non-cooperation, stricter disclosures and wider eligibility for monitoring agencies handling issue proceeds

Sebi, Securities and Exchange Board of India

Nitesh Tiwar's Ramayana part 1 has crossed Rs 1,000 cr worldwide gross on its theatrical day 8. The film features actors Ranbir Kapoor, Sai Pallavi, Ravie Dubey and Yash in lead roles

Ramayana

BS Rich Content

AIBE 22 (XXII) admit card 2026 will be issued tomorrow on Nov 14, 2026. The exam is planned to be held on Nov 29, 2026, and candidates can download their admit cards from the official website

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BCAS urges Sebi to allow CA firms to monitor issue proceeds of companies

Ramayana box office collection crosses Rs 1,000 crore worldwide in 8 days

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PM Modi inaugurates Bengaluru Metro's Pink Line, travels with CM Shivakumar

Dish TV Q2 results: Net loss at ₹295 cr, higher than revenue of ₹292 cr

Supply shocks to weaken monetary policy effectiveness: CEA Nageswaran

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