BUSINESS
India’s fiscal deficit at Rs 7.02 lakh crore for April-Sept this year
The fiscal deficit shows the amount by which the expenditure of the government exceeds its income with the gap being met through borrowings.
Ex-assistant of Bill Gates now world's 5th-richest person, close to overtaking him
Ballmer's fortune has increased by an estimated $29 billion this year to about $115 billion, trailing Gates -- who is in fourth position with $121 billion -- by only $6 billion, compared to $17 billion three months ago, reports Insider.
Modi, Sheikh Hasina to virtually inaugurate 3 India-assisted projects on Wed
The three projects are Akhaura-Agartala cross-border rail link; Khulna-Mongla Port rail line; and Unit II of the Maitree Super Thermal Power Plant.
Nifty encountering resistance at higher levels
Mid-session recovery did not last for long as another round of selling especially in banks dragged the index much lower to settle at 19,079.60 with a loss of 61.30 points.
Global gold demand plunges, India bucks trend with double digit growth
India, the world's second-largest gold-consuming nation next to China, bucked the trend to clock a double digit growth of 10 per cent in purchases of the yellow metal to 210.2 tonne in Q3 compared to 191.7 tonnes in the same period last year.
Liquor sale touches Rs 600 cr-mark during 4 days of Durga pooja festivities in Bengal
Monday was the first working day for the state government after a long Durga Puja vacation and the calculations drawn on the liquor sales in the state and the amount coming to the state exchequer in the form of state excise has made the officials of the state finance department quite elated.
Markets climbing wall of worry
Three signals from the market are significant: one, the dollar index is down 0.40 per cent; two, crude is down 3 per cent; and three, safe haven buying in gold is limited. The takeaway from these market signals is that the market is climbing all walls of worries and a collapse triggered by geopolitical events is unlikely, he said.
US FTC to pay $100 mn in refunds to Vonage consumers who lost money
Vonage used dark patterns to make it difficult for consumers to cancel their service and often continued to illegally charge them even after they spoke to an agent directly and requested cancellation.
US stocks rise as investors expect big turn of events this week
US stocks rose on the Monday bell after a bruising sell-off last week as investors looked ahead to a big week of events, with the Federal Reserve's latest policy decision and earnings from Apple on the calendar, US media reports said.
'He has worked 80 to 90 hrs a week': Sudha Murty defends husband
Speaking to News18, Sudha Murty, the author and head of Infosys Foundation, said that "he has worked 80 to 90 hours a week, so, he doesn’t know what less than that is. He believes in real hard work and he lived like that. Hence, he has told what he felt".
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