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Why are onion prices rising?
short by Ankush Verma / on Tuesday, 12 November, 2024
Onion prices are rising because of a dip in supply from farmers' end, traders in the wholesale market of Maharashtra's Nashik said. "The old stock from last year's Rabi season is almost over and the new stock is yet to hit the markets," a trader said. Traders expect the prices to stabilise in the next 10 days.
Govt approves 1st ever all-women battalion of CISF
short by Arshiya Chopra / on Tuesday, 12 November, 2024
The Ministry of Home Affairs has approved the first ever all-women battalion of the Central Industrial Security Force (CISF). "In a landmark decision, MHA has approved CISF's 1st ever all-women battalion promoting gender equality. It will encourage aspiring women to join CISF's mission to safeguard national strategic assets," the CISF said.
read more at ANI
35 people killed as car drives into crowd in China
short by Ankush Verma / on Tuesday, 12 November, 2024
Thirty-five people were killed and 43 others injured after a car drove into a group of people outside a sports centre in China's southern city of Zhuhai. The attacker, a 62-year-old man surnamed Fan, was stopped and taken to hospital as he tried to kill himself. Chinese President Xi Jinping ordered local governments to "strictly prevent extreme cases".
read more at Reuters
India's retail inflation rises to 14-month high of 6.21% in October
short by Anmol Sharma / on Tuesday, 12 November, 2024
The country's retail inflation, which is measured by the Consumer Price Index (CPI), rose to a 14-month high of 6.21% in the month of October. In September, India's CPI stood at 5.49%. The rural inflation in October stood at 6.68%, while the urban inflation came at 5.62%. Further, the Consumer Food Price Index (CFPI) was recorded at 10.87% in October.
read more at Reuters
Fin One by Angel One reveals surprising financial habits of India’s youth
short by Roshan Gupta / on Tuesday, 12 November, 2024
A report by Fin One, based on Nielsen's data, reveals 93% of India's young adults are consistent savers, with majority setting aside 20-30% of their monthly income. Stocks surpass Mutual Funds as the preferred investment option among Gen Z by 39%. Additionally, 68% of youth embraced automated savings platforms, highlighting the growing impact of fintech in finance management.
read more at Angel One
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