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Ministry of Environment issues new rules post SC order

In response to the Supreme Court's (SC's) strong stance on unchecked environmental violations, the Ministry of Environment, Forest, and Climate Change (MoEFCC) has introduced new rules for conducting inquiries and imposing penalties on polluters. The updated rules outline key factors to consider when determining the penalties' scale. Adjudicating officers are instructed to assess elements such as the project's location and size, the industry type, and the specific nature of the violation.




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Sensex tanks 836 points; Nifty ends at 24,199

From the 30-share Sensex pack, Tata Motors, Tech Mahindra, UltraTech Cement, JSW Steel, Sun Pharma, Asian Paints, IndusInd Bank and ICICI Bank were the major losers. State Bank of India emerged as the only gainer from the pack.




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Are You Ready for Kia's New SUV?

Kia India Unveils Sketches of Its Revolutionary new SUV




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Sunset for once-storied Jet Airways

More than five years ago on an April evening, cash-starved Jet Airways announced temporary grounding of operations after flying as a full service airline for 25 years. Since then, more than 20,000 jobs and money worth thousands of crores owed to lenders, vendors and passengers evaporated while awaiting an insolvency resolution. And today, the Supreme Court ordered the airline's liquidation, marking the formal completion of a turbulent journey into the sunset and shattering lean revival hopes.




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FMCG major Marico may buck the industry trend

Marico may buck the industry trend with the fast-moving consumer goods (FMCG) major reporting strong growth and favourable commentary in a weak quarter for the industry. The company reported consolidated revenue growth of 8 per cent year-on-year (Y-o-Y) in Q2FY25. Domestic revenue growth was 8 per cent Y-o-Y with 5 per cent volume growth (4 per cent in Q1FY25).




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Tatas may choose Singapore as partner for chip plan

Tata Sons will likely choose Singapore as a "key partner" for its semiconductor plans, a senior minister from the city-state said on Friday. Speaking to reporters after a meeting with Tata Sons chairman N Chandrasekaran earlier in the day, Singapore's minister for home affairs and law K Shanmugam said semiconductors was a "big discussion" point during the meeting. "If they (Tatas) want to, they can do business with anybody in the world.




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Forex kitty drops by $2.67 bn to $682.13 bn

India's forex reserves declined by $2.67 billion to $682.13 billion for the week ended November 1, the RBI said on Friday. In the previous reporting week, the overall reserves had dropped by $3.46 billion to $684.805 billion.




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Execution key for further gains in Tata Power

Tata Power's Q2FY25 reported results were above consensus despite challenges like low plant availability at Mundra and Odisha discom operations affected by rain. A positive development for the power major included module manufacturing hitting nearly 100 per cent capacity utilisation. The Board has approved an investment proposal for a 1GW pumped storage project (PSP).




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Probe finds Zomato, Swiggy violating competition norms

A Competition Commission probe has found that food delivery platforms Zomato and Swiggy indulged in unfair business practices, including alleged preferential treatment to some restaurant partners, according to sources. The detailed investigation was ordered by the Competition Commission of India (CCI) in April 2022 and the probe report was submitted to the regulator earlier this year. Under the norms, CCI director general's report has been shared with the parties concerned and later, they will be called for hearings by the watchdog.




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FPIs withdraw nearly Rs 20,000 cr from equities

The exodus of foreign investments from Indian equity markets continued unabated, with FPIs pulling out nearly Rs 20,000 crore in the last five trading sessions on higher valuations of domestic stocks and shifting their allocation to China. As a result, foreign portfolio investors (FPIs) have turned net sellers in the equity market, with total outflows reaching Rs 13,401 crore for 2024 so far. Going ahead, the FPI selling trend is likely to continue in the near term till data indicate the piossibility of a trend reversal.




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Why FSSAI called up qcom companies

The Food Safety and Standards Authority of India (FSSAI) has sought a meeting with quick-commerce (qcom) platforms like Blinkit, Swiggy Instamart and Zepto on Tuesday to discuss issues regarding violations of food safety standards, according to sources familiar with the matter. This comes at a time when there have been issues raised about food safety standard violations by qcom platforms for packaged food products, including violations related to expiry and best before dates.




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Sensex, Nifty close flat amid unabated FII selling

Tata Steel, Bajaj Finance, Mahindra and Mahindra, JSW Steel, NTPC, Adani Ports, Bajaj Finserv and Larsen and Toubro were also among the laggards. However, Power Grid, HCL Technologies, Infosys, Tech Mahindra, Tata Consultancy Services and ICICI Bank were among the gainers.




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Equity MFs see record Rs 41,887 cr inflow in Oct

Equity mutual funds witnessed a record inflow of Rs 41,887 crore in October, marking a surge of over 21 per cent on a month-on-month (MoM) basis, fuelled by robust investments in thematic funds. This also marks the 44th consecutive month of net inflow in the equity-oriented funds, highlighting the ever-increasing appeal of mutual funds among investors, data with the Association of Mutual Funds in India (AMFI) showed on Monday.




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Brand Vistara Ends Its Journey

Starting November 12, Vistara aircraft will be operated under the Air India banner, to be identified by a special four-digit flight code beginning with "2".




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Sedans Ready To Take On SUVs

Sedans and hatchbacks have both lost market share to SUVs, which now account for more than 50% share of the 4 million-odd-unit PV market in the country.




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'In Equity Markets, One Has To Be...'

'While investors need to be prepared for making some losses, they should not lose big money chasing euphoria amid fear of missing out.'




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Factory output up 3.1% in September

India's industrial production expanded by 3.1 per cent in September, mainly due to improvement in the manufacturing sector, according to official data released on Tuesday. The factory output, measured in terms of the Index of Industrial Production (IIP), witnessed a growth of 6.4 per cent in September 2023.




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What Dabur stock fall may mean for long-term investors

Dabur's performance in the July-September quarter of the current financial year (Q2FY25) was weak but in line with consensus. Consolidated revenue declined 5 per cent year-on-year (Y-o-Y) due to a temporary adjustment in General Trade (GT) inventory. Indian revenue declined 7.6 per cent, while international business grew 13 per cent Y-o-Y in constant currency (CC) terms.




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Investors poorer by Rs 5.29 lakh cr as markets slump

A sharp fall in the equity market made investors poorer by Rs 5.29 lakh crore on Tuesday when the BSE benchmark Sensex tumbled over 800 points. A host of negative triggers -- muted quarterly earnings, continuous foreign fund outflows and weak trends in Asian and European markets -- dragged the benchmark indices lower. The BSE benchmark gauge tumbled 820.97 points or 1.03 per cent to settle at 78,675.18.




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How To Study At The National Institute of Design

The National Institute of Design (NID) is inviting applications for Design Aptitude Test (DAT) for its Bachelor of Design (BDes) and Master of Design (MDes) programmes.




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Pak terrorists behind J-K attack? Lashkar outfit claims responsibility

The assailants believed to be Pakistani terrorists, meticulously studied the site layout before executing their plan.




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India, Pak renew Kartarpur agreement for 5 yrs

In view of the continued requests of the pilgrims regarding the removal of $20 service charge levied by Pakistan per pilgrim per visit, India has once again urged Pakistan to not levy any fee or charges on the pilgrims, the Ministry of External Affairs (MEA) said in a statement.




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'Unacceptable': Chinese envoy on security lapses in Pakistan

Chinese Ambassador to Pakistan Jiang Zaidong urged that the government should launch a crackdown against all anti-China terrorist groups after two deadly attacks took place in Pakistan within only six months, The Express Tribune reported.




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Pak conducted artillery tests near LoC: Officials

This comes as the neighbouring country strengthens defence ties with Gulf and Western European countries, and its long-standing ally Turkiye, the officials said.




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Pak Army Chief Will Now Stay Till Nov 2027

Whenever tenures of army chiefs were extended in the recent past, prime ministers were subsequently eased out of office by the same army chief, notes Rana Banerji, who headed the Pakistan desk at RA&W.




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27 killed, 62 injured in suicide bombing at Pak railway station

The explosion ripped through the provincial capital Quetta's railway station as passengers gathered on the platform before the scheduled departure of the Jaffar Express to Peshawar.




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Mala for Mondays

It pays to listen to your heart while making a career choice, feels CEO of ‘I Love Mondays’ Mala Mary Martina




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Anything for a change: Gautami Tadimalla

Actor Gautami Tadimalla is now focused on promoting awareness on health, through her foundation and films




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When baby knows best

When SUSAN MUTHALALY decided to try Baby-Led Weaning and relinquish control of mealtimes to her seven-month-old, she was amazed at his adventurous palate




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I’m still reeling from Tuesday...

Rejected by cabbies and out of ‘legal’ cash, LOCAL TEA PARTY faces life without 500- and 1000-rupee notes




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An unlikely success story




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The story behind the lines

In her new avatar, graphic artist Simi Raghavan finds herself as a successful illustrator of colouring books for adults




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Does Hillary play by men’s rules?

Hillary comes across as someone playing by men’s locker-room rules.




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Traditional art will always remain

That is why Odissi has survived for centuries, says Arushi Mudgal to PARSHATHY J. NATH




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Truly, madly, beardly

A victim of ‘beardism’, VISHAL MENON finds all is fine and dandy during no-shave November




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The new Rs 2,000: noteworthy or not?

Armed with a new Rs. 2,000 note, this reporter tries his luck at getting change at a few outlets in Chennai




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Sculpting the joy of childhood

Artist Sivaraman and CRY joined hands to spread the message of child rights through a sand sculpture on Marina Beach




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A world beyond Carnatic

As Chennai gears up for Margazhi magic, NAVEENA VIJAYAN discovers a thriving culture for Western contemporary music in the city




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Into the world of toys

At the ‘Toy from Trash’ workshop, children infused life into toys with their thoughts, touch and stories




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I am...Baby




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Ice, ice baby

Try deep, milky flavoured gelatos and light, refreshing fruit sorbets at Fun Stick




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The story of her life

London-based actor Sarah Rundle regales us with tales from her world of storytelling




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Get race ready

Meet the Star Runners at The Wipro Chennai Marathon




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Ode to reality

Blue Rose is a musical short film by techies of Infosys




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Of travel, haircuts, paintings and Mondays




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Money, money, money....

How the changing times has people scrambling for change




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An organic way of life

Clothing, pickles, packaging... the city has a thriving organic ecosystem, writes RANJANI RAJENDRA




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Do Tamil Nadu's voters prefer spectacle to reality?

Rajini or Kamal’s success will further reinforce the Tamil voter as one who prefers spectacle to reality




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How wedding caterers find innovative ways to stay afloat during the COVID-19 crisis

From serving traditional meals in car parks to packaging coffee decoction, the city’s wedding caterers are finding innovative ways to power through the COVID-19 crisis




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Why Chess Olympiad 2022 gives hope to small businesses in Mamallapuram

Mamallapuram’s small businesses are hopeful that the 44th Chess Olympiad will put their hometown in the global map