DEPARRTMENT OF MBA I MBA - II SEMESTER

BUSINESS NEW ANALYSIS (BNA)

REPORT DURING THE MONTHS (01/09/2021 to 15/11/2021)
Prepared by
Chandrika
MBA SEC – A
ROLL NO: 20711E0011

1. ECONOMY News:

➢ Delhi Airport sees record number of passengers after second COVID-19 wave.  Spike in
Baltic Exchanges capsize Index.
➢ Fitch ratings cuts India’s GDP growth projections to 8.7 % for Financial Year 2022.
➢ World food price rise to a 10 year peak : FAO
➢ Global Debt to hit 260% of GDP, but low interest rates to help: S & P
➢ India reports 18,833 new cases; test positivity at 1.3%
➢ Soybean output may rise 14% to 11.9 mn tn this year
➢ Economic cost of mobility curbs, lockdowns at Rs 1.5 trillion: SBI report
➢ Centre asks states to submit status reports on faceless vehicle- related service
➢ Rail minister flags off full span launcher for bullet train project India makes it to select
group of nation
➢ Sign FTAs with US, EU for helping domestic exporters: Parliament panel to govt
➢ The national payments corporation of India NPCI is estimating a run rate of 25 million new
Mandates for customers getting registered
➢ Crypto currency pose financial stability Challenges
➢ Global debt to hit 26%of gdp,but low interest Rates to help s&p
➢ Singareni colleries staff to get share of 29%in profits as bonus
➢ Hold Au Small Finance Bank, target price Rs 1200: ICICI Securities
➢ Buy State Bank of India, target price Rs 483: ICICI Direct
➢ Crypto bourses hit no entry on SBI UPI platform
➢

➢ Moratorium on statutory payouts set to boost Vodafone Idea’s survival chances:

Analysts
➢ Bad Bank plan gets Cabinet nod, credit flow to economy expected to improve
Top cryptocurrency prices today: Ethereum, Cardano gains 4%; Polkadot sheds 3%
➢ Revenue of gold jewellery retailers is poised to grow 12-14% on-year this fiscal:
Crisil
➢ Only 20% of the items responsible for more than 50% of the inflation: RBI’s
Michael Patra
➢ 18% GST on treated sewage water for industrial use
➢ Rupee steady vs US dollar; overseas units consolidate after ‘hawkish’ Fed
statement
➢ Euro zone corporate business slows further
➢ Sri Lankan economic crisis worries South India's textile and fabric exporters
➢ At Rs 5.03 lakh crore, Centre’s second half borrowing in line with Budget
estimates
➢ Rupee inches 8 paise higher to 73.75 against US dollar in early trade
➢ If inflation continues at present level, it will lead to demand destruction: Kenneth
Andrade
➢ UPI transaction value doubled to Rs 6.06 lakh crore in July
➢ Rupee slips 13 paise to 74.19 against US dollar
➢ I-T department asks taxmen to accept applications till September 30 for settlement
before Interim Board
➢ Cabinet approves listing of ECGC, capital infusion of Rs 4,400 cr
➢ India is said to seek to narrow budget deficit target to 6.3%
➢ Cash-strapped Evergrande Group to sell $1.5 billion stake in Shengjing Bank to
state firm ➢ NFTs are slowly gaining traction in India.
➢ Federal Bank reported a 49.6 per cent jump in its standalone net profit at ₹460.26
crore in the second quarter of the fiscal from ₹307.62 crore in the corresponding
period a year ago
➢ Karnataka Vikas Grameena Bank (KVGB) disbursed loans to the tune of ₹44.28
crore outreach initiative organised under the aegis of state-level bankers’
committee
➢ Reserve Bank of India Governor Shaktikanta Das said the central bank needs to
ensure that the nascent revival of economic activity shows signs of durability and
sustainability.
➢ The cryptocurrency was trading at $66,975 (₹50,22,689) following the launch of an
exchange traded fund (ETF) in the US which has dramatically increased bitcoin’s
exposure to investors.
➢ Engineering goods exports cross $9 billion in October.
➢ Exports rise for 11th month, up 43.3% in October. .
➢ NIA conducts raids in Jammu and Kashmir's Poonch in cross-LoC trade case ➢ India
outperforming Ems and even US mkt on a quarterly basis.
➢ ICRA revises energy demand growth outlook for FY22 upwards to 8.5%
➢ India’s gold imports surge nearly 8 times in September as prices drop
➢ 42 lakh people fully vaccinated against COVID-19 in Mumbai, don’t see 3rd wave coming:
BMC tells High Court
➢ Govt uses iron fist against its own people but welcomes Chinese troops: Mehbooba
➢ India on path of economic recovery, says DEA Secretary Ajay Seth
➢ Economic recovery by various government reforms in last seven years under prime
minister Narendra Modi’s leader ship
➢ Raw sugar prices may ruleat 25 us cents if crude oil tops$ 100 a barrel
➢ At 35% of BE April- September fiscal deficit hits-3 years low
➢ Transport crop Q2 ney upto 106% at Rs 75.41 crore
➢ Sweden hopefully will lift entry ban on Indian traveller’ssoon – says ambassador molin
➢ MCF plans to comission revamped ammonia plant by June
➢ Non- filling of ITR: Madras HC puts on us on tax payer
➢ Finance ministry ratifies 8.5% Intrest on EPFO Deposits
➢ Great eastern shipping reports Q2 net at Rs 232 crore
➢ India’s cotton crop estimated at 360 bales for 2021- 2022 season
➢ Edelweiss backed sekura roads could be anchor Investor in IL&FS road IT
➢ Spices board to launch cloud based live e+ auction for cardamom
➢ Excise collection 79% more than pre- covid
➢ Fun min extends Anti dumping duty on seamless tubes ,pipes from china for 5 years
➢ Natural rubber on thershold of long term deficit: say’s ANRPC
➢ At 58.4services PMI rises at fastest place in over decade
➢ Central government release Rs17,000 crore as GST compensation to states
➢ Indian’s TWS shipments grew 55% YOY to reach record 8 million in Q3 report
➢ Public cloud services end- uses spending to rise by 30 % in india: Gartner ➢ Food, fuel
drive October retail inflation to4.48%
➢

2. INDUSTRY News:
➢ Coal Shortage affects metals
➢ PSU oil companies face Rs 4,000cr Ujwala loss.
➢ Power reforms on the horizon as end of 10 year old dispute.
➢ Life insurance co’s see 22% new biz premium growth in September 2021. ➢ Container
supply chain drives Wal-Mart, rivals to hire own ships.
➢ Dark films removed from 2531 cars in special drive
➢ Reliance Industries shares can hit Rs 3,000, tech charts indicate
➢ Aditya Birla Sun Life makes quiet debut, lists at par against issue price
➢ Glittering again: Investors flock to gold ETFs, shows Amfi data
➢ Tata Motors hits Jan 2018 high; soars 39% in a month on strong outlook
➢ CNG, piped cooking gas prices may rise 10-11% in October: Report
Indian IT struggles to get experienced hands amid tech boom
➢ Mold-tech packaging on Rs-200 crore expansion
➢ Now, reliance retail plans to roll out 7eleven convenience stores In india
➢ Oil falls after OPEC+ sticks to raising supply amid demand doubts
➢ Govt to regulate coal supply to states amid low stock in many power plants
➢ Shipping industry proposes levy to speed up zero carbon future
➢ ZEE stock jumps 40% after Invesco EGM call
➢ Auto sector may move to V-shaped recovery lane in 2-3 months
➢ HCL Tech, HANCOM Inc collaborate to share advanced software technology
solutions
➢ MFs sold YES Bank, Vodafone Idea; tweaked stakes in these Jhunjhunwala stocks
➢ IT startup Napbooks 11th firm to be listed on BSE Startup platform
➢ Auto PLI scheme addresses India’s cost disability fully: Arun Goel, Secretary
department of heavy industries
➢ Robust telecom sector necessary for bridging India’s digital divide: Ashwini
Vaishnaw
➢ Auto sector, drone PLIs: Green light for new-age tech
➢ ETRise Top MSMEs ’21: Making India competitive globally through exports
➢ Telecom body wants 60 GHz band waves allotted without auctions
➢ Reliance may invest $250 million in InMobi’s Glance
➢ Airtel DTH arm to stop STB imports by 2021-end; begins production in Noida
➢ Reliance Industries m-cap goes past Rs 16 lakh cr mark at close of trade
➢ IL&FS Financial Services to sell bad loans worth Rs 4000 crore
➢ BPCL planning to set up 1,000 EV charging stations
➢ Higher mobility scores in Hyderabad, Pune drives business resumption activity
index to new high
➢ Industry may find $400 billion exports target a struggle with the FTP extended till
March 2022
➢ Teleperformance to hire in India, expand cloud campus
➢ Private sector should focus on Sustainable Development Goals: Amitabh Kant
➢ Hospitality sector should do well in the second quarter of this year, occupancy levels
going up month on month: Puneet Chhatwal, MD and CEO, IIHCLNCDEX migrates live
trade data centre to Yotta Infrastructure Solutions
➢ Oil goes past $80 for first time in 3 years
➢ Housing sales jump over two-fold in July-September, average prices up 3 pc across 7
cities: Anarock
➢ Coal expansion could cause over 5,200 premature deaths, 8,300 preterm births in Delhi
this decade
➢ Expanding scope of ECLGS to help MSMEs, address funds shortage: Industry
➢ ET F&B 40 Under Forty North India: India Inc leaders prove their mettle in pandemic
with new ideas
➢ India likely to propose transnational solar grid at upcoming COP26
➢ Tata Sons to form advisory team to guide on Air India integration
➢ Govt invites bids from asset valuers for strategic sale of FSNL 2 mins read Thu, 11 Nov
2021
➢ India to need 22 million 5G-backed skilled manpower by 2025: Telecom skills body 2
mins read• By Muntazir Abbas Thu, 11 Nov 2021
➢ Adani to invest $70 bn in renewable energy, produce cheapest hydrogen 4 mins read Fri,
12 Nov 2021
➢ FMCG industry was hit the April- June period with a 17% decline in sales value growth
compared to the same quarter of 2019
➢ Retail sales up 34 pc in October: RAI
➢ DICV says will make chennai plant operations carbon neutral by 2025
➢ SJVN sign pact with solar world to develop 75 MW solar power project in UP
➢ Tourism ministry inks pact with IRCTC to boost hospitality, tourism industry
➢ Arcil acquires 26% equity in jayaswal neco unit
➢ ONGC Q2 results net profit soars 565%YOY Beats estimate co to pay Rs5.5 interim
dividend
➢ Ashok Leyland hands over 500 vehicles to project mumkin for J- k youth
➢ Bharat bio tech covaxin has 77.8% efficacy rate presents no safety concerns : Lancet study
➢ Disney+hotstar FY 2021 net loss widens to Rs 600.8 crore, income up to 5%
➢ India’s first open air rooftop drive in theatre to open from November
➢ Aditya Chopra to float YRF s OTT venture will invest Rs 500 crore : Industrie source
➢ VI writes to telecom department wants to defer payment of Q2 -Q4 dues
➢ Indian to need 22 million 5G backed skilled manpower by 2025: telecom skills body’s

3. COMPNAY News:
➢ Piramal Enterprises board approves to demerge and list Pharma business.
➢

➢ NCLAT gives more time to Zee to file reply to INVESCO’s plea for EGM.  SREI
underlines high-risk nature of NBFC business.
➢ Tata Motors likely to takeover Ford’s Chennai unit.
➢ After Air India buy, Tata group companies can cross-sell products
➢ CSS Corp looking at tuck-in acquisitions to enhance offerings: CEO
➢ HC stays criminal proceedings initiated by Vindhya Telelinks subsidiaries
➢ Semiconductor chips and its impact
➢ BMC plans to appoint bridge audit agency
➢ As part of its strategic partnership with Envision Virgin Racing, Genpact has launched
Radio Analytics Engine to Bring critical competitive intelligence to the Formula E Team
➢ Tata Power and TVS Motor Company will set up electric Two-wheeler charging
infrastructure to accelerate electronic mobimobility in Ind
➢ Luxury auto companies expect boom in branded merchandise sales
➢ JK Cement plans up to Rs 3,000-cr capex to boost capacity
➢ Byju's FY20 profit grows over two-fold to Rs 51 cr
➢ Tata Motors’ PV business turnaround impresses Shapoorji Pallonji Group
➢ MG Motor unveils Astor; enters highly competitive mid-size SUV segment
Expect upside in housing sector in short, medium and long term: Keki Mistry
➢ Mahindra launches all-new Furio 7 light commercial truck range
➢ Tata Motors’ PV business turnaround impresses Shapoorji Pallonji Group ➢ IPO-
bound firms rush to hire independent board members
➢ Zomato’s lax disclosure practice is more worrisome than co-founder’s exit
➢ Reliance Retail’s private labels outpace top fashion brands like Puma, Nike on Ajio
➢ Jindal Steel & Power’s management has taken steps to reduce debt: Why it is stock
pick of the week
➢ Reliance Retail hires ex-Coca Cola India boss to strengthen F&B play
➢ Adani Airport Holdings to partner with AMRPL for operating duty free outlets at
airports
➢ Whirlpool India acquires additional stake in Elica for $57 million
➢ Adani Group buys 10% stake in CSC Grameen eStore
➢ Chinese companies not barred from participating in trusted sources search, says
National Cyber Security Coordinator
➢ HDFC AMC tumbles over 5% as Standard Life set to pare holding
➢ Vedantu joins unicorn club after $100 million funding from Temasek-backed ABC
World, others
➢ IndusInd Bank acquires 4.79% stake in McLeod Russel by invoking pledged shares
➢ APL Apollo Tubes deserves its high valuations: Factors that make it stock pick of
the week
➢ Maruti Suzuki India is keeping a close watch on the price movement of
commodities, which had touched an ‘unprecedented’ high in the second quarter
➢ Sundaram Select Focus mutual fund review: Needs to show more than marginal
improvement in returns
➢ Growing e-commerce demand in Tier-2,-3 markets has doubled revenues for intra-city
logistic start-ups like LetsTransport and COGOS, which act as logistic fleet (trucks,
threewheelers) providers to companies like Amazon, Flipkart, Grofers and BigBasket.
➢ The STPI (Software Technology Parks of India) has said the first tranche of investments
into start-ups from the ₹120-crore
➢ Overseas borrowing of Indian corporates gained momentum in the second quarter amid a
pickup in the economic activity and the consequent demand for funds and low interest
rates in the global markets.
➢ Ola’s subsidiary, Ola Financial Services (OFS) will expand its insurance business
internationally to support the operations of Ola’s mobility business through innovative
insurance products
➢ Tata Motors has signed a five-year Memorandum of Understanding (MoU) with Equitas
SFB, to bring financial solutions to its customers.
➢ Greaves Electric Mobility, the e-mobility arm of Greaves Cotton and a market leader in
the E2W (electric two-wheeler) and E3W (electric three-wheeler) segments, reported that
sales increased to over 7,500 units in October.
➢ Britannia Industries Ltd (BIL) registered 23 per cent decline in consolidated net profit at
₹382 crore for the quarter ended September 30
➢ APM Terminals Pipavav (Gujarat Pipavav Port) on Friday reported a 13 per cent year-
onyear dip in net profit at ₹45.3 crore for the quarter ended September
➢ KFC’s India Sahyog, in association with Food Safety and Standards Authority of India
(FSSAI) and National Restaurant Association of India (NRAI), will help about 100 local
restaurants, food joints and eateries in Hyderabad improve their entrepreneurial skills.
➢ Hindustan Unilever Limited (HUL) announced the appointment of Ashu Suyash as an
Independent Director on its Board effective today, November 12, 2021.
➢ The standalone net profit of Apollo Hospitals Enterprise Limited (AHEL) went up nearly
six times to ₹185.89 crore in the second quarter of current fiscal.
➢ Coal India Ltd posted a marginal decline in consolidated net profit at ₹2,933 crore for the
quarter ended September
➢ Toyota Motor said on Saturday it will partner with four other Japanese vehicle makers to
explore the viability of alternative green fuels for internal combustion engine cars
➢ After Air India buy, Tata group companies can cross-sell products

➢ Va Tech WABAG (WABAG), a leading player in water technology space, has reported
strong growth increase in its consolidated profit after tax at ₹26 crore for the quarter
➢

4. STOCK MARKET NEWS:

INDICIES 3/9//2021 Weekly % Change

S & P BSE SENSEX 60059 2.2%
NIFTY 50 17895 2.07%
BANK NIFTY 37775 1.48%
INDIA VIX 15.65 -3.11%
US Dollar /INR 74.91 1.4%
Brent Crude ($/bbl) 83.2 0.23%
Gold (10gm) 47013 -0.01%
DOWJONES (DJIA) 34746 1.22%
S & P 500 4391 0.79%
INDICIES 12/9/2021 Weekly% change

S&P BSE SENSEX 59,015.89 1.52%

NIFTY 50 17,585.15 1.24%

BANK NIFTY 37,811.95 3.08%

INDIAN VIX 15.2325 9.25%

US DOLLAR/ INT 73.640 0.17%

BRENT CRUDE ($/bbl) 75.34 3.32%

GOLD 1,751.40 -2.27%

S&P 500 4,432.99 -0.57%

INDICIES 19/9/2021 Weekly% change

S&P BSE SENSEX 59,015.89 0.00%

NIFTY 50 17,853.20 1.52%

BANK NIFTY 37,830.30 0.05%

INDIAN VIX 16.9225 11.09%

US DOLLAR/ INT 73.813 0.23%

BRENT CRUDE ($/bbl) 78.09 3.65%

GOLD 1,751.70 0.02%

S&P 500 4,455.48 0.51%

INDICIES 26/9/2021 Weekly % change

S&P BSE SENSEX 60,048.47 1.74%

NIFTY 50 17,532.05 -1.80%

BANK NIFTY 37,225.90 -1.60%

INDIAN VIX 17.2100 1.70%

US DOLLAR/ INT 74.131 0.43%

BRENT CRUDE ($/bbl) 79.28 1.52%

GOLD 1,758.40 0.38%

S&P 500 4,357.05 -2.21%

INDICIES 3/10/2021 Weekly % change

S&P BSE SENSEX 60,059.06 0.02%

NIFTY 50 17,895.20 2.07%

BANK NIFTY 37,775.25 1.48%

INDIAN VIX 15.6525 -9.05%

US DOLLAR/ INT 75.112 1.32%

BRENT CRUDE ($/bbl) 82.39 3.92%

GOLD 1,757.40 -0.06%

S&P 500 4,391.36 0.79%

INDICIES 10/10/2021 Weekly % change

S&P BSE SENSEX 60,059.06 -0.00%

NIFTY 50 18,338.55 2.48%

BANK NIFTY 39,340.90 4.14%

INDIAN VIX 15.7675 0.73%

US DOLLAR/ INT 75.013 -0.13%

BRENT CRUDE ($/bbl) 84.86 3.00%

GOLD 1,768.30 0.62%

S&P 500 4,471.37 1.82%

INDICIES 17/10/2021 Weekly % change

S&P BSE SENSEX 61,305.95 2.08%

NIFTY 50 18,114.90 -1.22%

BANK NIFTY 40,323.65 2.50%

INDIAN VIX 17.5450 11.27%

US DOLLAR/ INT 74.994 -0.03%

BRENT CRUDE ($/bbl) 85.53 0.79%

GOLD 1,796.30 1.58%

S&P 500 4,544.90 1.64%

INDICIES 24/10/2021 Weekly % change

S&P BSE SENSEX 60,821.62 -0.79%

NIFTY 50 17,671.65 -2.45%

BANK NIFTY 39,115.60 -3.00%

INDIAN VIX 17.4250 -0.68%

US DOLLAR/ INT 74.915 -0.10%

BRENT CRUDE ($/bbl) 84.38 -1.34%

GOLD 1,783.90 -0.69%

S&P 500 4,605.38 1.33%

INDICIES 31/10/2021 Weekly % change

S&P BSE SENSEX 59,306.93 -2.49%

NIFTY 50 17,916.80 1.39%

BANK NIFTY 39,573.70 1.17%

INDIAN VIX 15.7475 -9.63%

US DOLLAR/ INT 74.174 -0.99%

BRENT CRUDE ($/bbl) 82.74 -1.94%

GOLD 1,816.80 1.84%

S&P 500 4,697.53 2.00%

INDICIES 7/11/2021 Weekly % change

S&P BSE SENSEX 60,686.69 2.33%

NIFTY 50 18,102.75 1.04%

BANK NIFTY 38,733.35 -2.12%

INDIAN VIX 15.2175 -3.37%

US DOLLAR/ INT 74.342 0.23%

BRENT CRUDE ($/bbl) 82.17 -0.69%

GOLD 1,868.50 2.85%

S&P 500 4,682.85 -0.31%

INDICIES 14/11/2021 Weekly % change

S&P BSE SENSEX 60,739.52 0.09%

NIFTY 50 18,113.90 0.06%

BANK NIFTY 38,681.45 -0.13%

INDIAN VIX 15.5800 2.38%

US DOLLAR/ INT 74.348 0.01%

BRENT CRUDE ($/bbl) 81.53 -0.78%

GOLD 1,862.95 -0.30%

5. BS EDITORIAL OPINION:
➢ Eoconomic recovery and precepts of Middle class
➢  India entered the period of demographic dividend in 2018.
➢ There are 40 million fewer Indians working today than in 2013.
➢ The participation rate in the labour force is 61% in US where as in India is 40% (CMIE)
➢ GDP growths in the India fell more or less simultaneously across the nine quarters
beginning January 2018.
➢ According the Editorial by AAKAR PATEL, India’s middle class appears to have stopped
growing. Residential property sales are stagnant. Author argues that India is taking money
from its poor and giving it to the wealthy.
➢ ETtech Opinion: Inside the life of a VC
➢ After the six-hour global outage of WhatsApp, a seasoned doctor commented, their
surgical unit communication had “collapsed”. A CT scan of a seriously ill patient
could not be sent and they barely salvaged the situation.
➢ The crucial imperative of raising the renewables’ share in the country’s energy mix
may trip on Discoms’ parlous state
➢ The WHO the Apex global body entrusted related to Huma health and wellbeing
➢ Bharat bio tech vaccine for children aged 2-18 must be celebrated as a scientific
achivement
➢ Indian should boldly join key trade blocs items that comprise 70% of world trade
make up a no mere 30% of our export basket
➢ The financial action task force’s FATF reported removal of Mauritius form it’s so,
called ‘ grey' list due to better tacking of money laundering swelowm
➢ It is good news that India has added an indigenously built destroyer to it naval fleet
➢ Indian has said that it would work with host IK and all other countries for a positive
out come at the UN sponsered glasgrw climate summit
➢ WTO ministerial conference at Geneva this month expected to firm up regulation
for trading by micro, small and medium enterprises MEMEs
➢ Indian railways ambition to attain net zero carbon emission by 2030 is both
laudable and challenging
➢ GOI is being cautious on crypto currencies it reportedly intends to support them
maintenies a middle path rather than impose an out right china style ban
➢ An RBI expert committee has recommended that asset reconstruction companies
resolution applicants under the insolvency and bankruptcy code
➢ The extensive flooding and water logging in Chennai points to the imperative to
mitigate turbulence in Indian’s water economy amidst climate change and global
warming yet again
➢ State owned bank’s reportedly want the RBI to regulate India debt resolution
company Ltd IDRCL the entity that will resolve the stressed assets acquired by the
bab bank’s
➢ The role of the bad bank is to establish a liquid market for Non Performing Assets
(NPAs) with a underlying belief that banks will be able to sell their NPAs at a
reasonable price.
➢ Over the last five years, the plant-based food movement in India has gained a
central place amongst the most decisive trends in the food industry.
➢ In 2020, India’s capital market issuances were approximately $250 billion, raising
India’s rank to ninth on McKinsey’s Asian Capital Markets Development
Performance Index.
➢ The recent spate of data breaches happening across various digital platforms in
India is worrisome.
➢ While every leak exposes thousands of consumers to hackers and scammers, what
is more troubling is that in most cases the companies involved are not proactively
informing users of the possible data breach.
➢ The ongoing coal crisis is a ‘perfect storm’ of factors — demand-supply irregularities
caused by Covid; a late monsoon spurt that halted mining; a dry spell in July-August that
spiked electricity demand
➢ The recent decline of the rupee below the 75 mark against the dollar may have caused a
flutter in financial markets.
➢ Come September, and coal stocks in thermal power plants typically go down to perilous
lows — a situation that usually persists till the end of the year.
➢ The National Financial Reporting Authority (NFRA) will be headless from October 1 if
the government, in the next two days, does not announce, either a successor or another
term, to the incumbent Chairman Rangachari Sridharan.

6. MISCELLANEOUS NEWS:
➢ The alleged data breach of 3.5 million users at IPO-bound fintech unicorn MobiKwik is
under RBI’s scanner.
➢ Mukesh Ambani tops Forbes rich list with 92 billion wealth  Demand rises for ESG
funds.
➢ BJP says Opposition creating false narrative on infrastructure pipeline
➢ NSE-BSE bulk deals: REC sells stake in National Hydroelectric Power Corporation
➢ RBI to set up five-member panel on NUE licences
➢ . Actor-producer Priyanka Chopra Jonas joins Producers Guild of America as member
➢ Rupee slips 2 paise to close at 73.52 against US dollar
➢ WhatsApp tests in-app business directory in Brazil, India and Indonesia next
➢ UP’s unemployment rate was more than 17% in 2016, today it is just 4-5%: Yogi
Adityanath
➢ ET Startup Awards 2021: Ixigo founders win the Comeback Kid award
➢ Tender of Kochi-Lakshadweep optic fibre project designed to bar Indian companies: Niti
Aayog member
➢ 73% population of Odisha has developed antibodies against COVID: ICMR survey
➢ India reports 29% surge in employment across nine sectors in June quarter: Labour
ministry survey
➢ India has fiscal resources and monetary space for more government intervention if
needed: Sanjeev Sanyal
➢ Taliban to ‘temporarily’ adopt 1964 monarchy Constitution
➢ Apple’s new child safety feature: The good, bad & ugly side of Apple’s parental control
➢ GST levy on annuity payments of BOT-HAM projects to have limited impact on project
cash flows: Icra
➢ Domestic tourism above levels seen pre-pandemic, in Q2, says IHCL MD, Puneet
Chhatwal
➢ 70% of India’s adult population administered first dose COVID-19 vaccine: Mandaviya
 ➢ Tesla looking to set up an assembly plant for CKD or SKD units in India, sources
say01:43 Tesla looking to set up an assembly plant for CKD or SKD units in India,
sources say
➢ Majority of PMS schemes underperform Nifty in October, shows data
➢ Street signs: Traders eye 18,400 on Nifty, go short on Bajaj Auto, and more
➢ Sportspersons to designers, celebs put themselves out in the NFT universe
➢ PM Modi tasks ministers' council to rope in youth for governance
➢ Russia starts delivery of S-400 missile systems to India: Official
➢ 24% drop in stubble burning, but Haryana is an exception, shows data
➢ Air purifier makers see a surge in sales as pollution level worsens
➢ NTERNATIONAL Legendary novelist Wilbur Smith passes away at 88
➢ Q1 farm exports up 44% at $4.8-billion – Rice shipments rise by a fourth at $2.39 billion
on strong demand
➢ India keen to partner with Australia to create domestic market with strong private sector:
Piyush Goyal
➢ Bitcoin’s journey into mainstream finance has reached another major milestone – and
another record price.
➢ The Gurugram-based company also said it was investing in logistics-tech firm Shiprocket,
savings app Magicpin and fitness firm CureFit and added it will invest $1 billion more
over the next 1-2 years, with a large chunk likely going into the quick-commerce space.
➢ Zomato’s gross order value rose 158% for the reported quarter to 54.1 billion rupees from
a year earlier, while revenue from operations jumped 140.2% to 10.24 billion rupees.
➢ Indian batting great Sachin Tendulkar is among the 50 most influential people on Twitter
this year, placed at number 35, according to an annual research carried out by consumer
intelligence company Brandwatch.
➢ The global mobile games market garnered 4.5 billion downloads across the App Store and
Google Play in October 2021, recording an increase of 1.3 per cent year-over-year (y-o-y),
according to data from Sensor Tower.
➢ US-headquartered pharma player Amneal Pharmaceuticals Inc announced acquisition of
Ahmedabad-based injectibles company, Puniska Healthcare Pvt Ltd.
➢ India has administered over 112 crore total doses of the Covid-19 vaccine so far, according
to the official data from the Ministry of Health and Family Welfare.
➢ More than 400 per cent increase in cyber crime cases committed against children was
reported in 2020 in comparison to 2019
➢ The Centre recently reduced the central excise duty by Rs 5 and Rs 10 per litre on the
prices of petrol and diesel respectively. Subsequently, several states cut the Value-Added
Tax (VAT) on fuel rates.
➢ The longest partial lunar eclipse in 580 years will occur on November 19 and will be
visible from parts of Northeast India, an astrophysicist said on Saturday.

Source : Business line

 Economics time
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