Business News

Alibag forest division has verbally asked Torrent Power to transplant as many trees as possible instead of cutting them for its pumped storage hydropower project in Karjat. Tree-cutting was halted in late October after social media videos sparked protests. A formal order is expected soon. The company has agreed to plant three trees per felled tree.

South Indian Bank's latest Diwali campaign "Khushiyan Badhao, Diwali Manao" explores what shines brighter than festival lamps, sparkles more than sparklers & is sweeter than festive treats. In its Diwali film, South Indian Bank unfolds these questions through relatable, heartwarming stories that celebrate the warmth of human connections, grounded in the core theme of "Investing in Relationships."

This Diwali, The House of Abhinandan Lodha® invites you to own your private Goa at One Goa – The Crescendo. The brand said it offers premium villa plots in a resort-style development in North Goa, at an unprecedented value during their Goa Diwali Dhamaka that ends this Sunday. Secure your land and festive privileges before the offer closes, HoABL added.

This Diwali, The House of Abhinandan Lodha® invites you to own your private Goa at One Goa – The Crescendo. The brand said it offers premium villa plots in a resort-style development in North Goa, at an unprecedented value during their Goa Diwali Dhamaka that ends this Sunday. Secure your land and festive privileges before the offer closes, HoABL added.

The Centre told the Supreme Court that merchants were never assured UPI would remain free indefinitely. In a counter-affidavit filed November 4, the government defended the proposed MDR on UPI transactions above ₹2,000, saying subsidies worth ₹8,730 crore were discretionary. It clarified P2P transfers and P2M transactions up to ₹2,000 remain exempt.

Paraguayan President Santiago Peña resigned and was impeached 78-0 by the lower house following the collapse of Ueno Bank, which froze accounts of millions. Prosecutors opened three criminal investigations into Peña and officials over bank oversight failures. Six Ueno executives were jailed. Vice President Pedro Alliana is set to be sworn in as successor.

Indians usually buy jewellery to mark Dhanteras, which is being celebrated today. To check the purity of gold jewellery, people must look for BIS hallmark, check the caratage or fineness marking and verify HUID using the BIS Care app. For diamond jewellery, people must ask for a relevant grading report and check the characteristics it records.

Paraguayan President Santiago Peña resigned following the collapse of ​Ueno Bank, leaving three million customers, in a country of 6.5 million people, unable to access their accounts. Peña, who was a shareholder in Ueno's parent company, said, "I do so with the stability of our country, social peace...in mind." The bank was put under resolution over a severe capital shortfall.

Zomato founder Deepinder Goyal said people are increasingly booking Blinkit's free ambulance service for routine hospital visits. He said such trips could easily be handled private transport, adding, "Every such booking keeps...fully equipped emergency ambulance with paramedics off road when someone's life may depend on it." Blinkit has now introduced a ₹2,500 charge for non-emergency transfer.

US stocks tumbled on Thursday, wiping out the previous session's gains as investors continued selling technology shares. The Nasdaq Composite fell 3.9%, entering correction territory after dropping over 10% from last month's record, while the S&P 500 declined 2.8%. The Dow Jones Industrial Average shed 1,153 points, or 2.2%, erasing most of Wednesday's rally.