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Adani, Piramal among bidders for bankrupt DHFL
Adani, Piramal among bidders for bankrupt DHFL

Mumbai, Adani Group, Piramal Enterprises, US-based Oaktree and Hong Kong-headquartered SC Lowy have submitted their bids for the insolvent Dewan Housing Finance Corporation Ltd (DHFL), sources said.

The deadline to submit bids for DHFL ended on Saturday.

According to sources, Adani Group has bid for

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Myntra's 'Big Fashion Festival' gets off to roaring start
Myntra's 'Big Fashion Festival' gets off to roaring start

Bengaluru, The biggest fashion shopping event of the festive season, Myntras ‘Big Fashion Festival, has registered an overwhelming opening response from shoppers across the country.

Myntra's ‘Big Fashion Festival' has got off to a roaring start and witnessed the highest-ever visitors at 14 mill

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India's gold imports halve to $6.8B in Apr-Sep FY21
India's gold imports halve to $6.8B in Apr-Sep FY21

New Delhi,  Gold imports by India declined 57.12 per cent in the first half of the current financial year (2020-21) to $6.77 billion as demand has been largely hit by the pandemic.

During April-September FY20, the value of gold imports stood at $15.80 billion.

As per the Commerce Ministry data,

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Weak institutional participation leading to consolidation of equity markets
Weak institutional participation leading to consolidation of equity markets

Mumbai, Weak institutional investment from domestic institutional investors (DII) and foreign portfolio investors (FPI) since September have led the Indian equity markets into a consolidation phase, according to a report by ICICI Securities.

The report noted that the sharp bounce back by the market after the lows

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NPAs impact banks' rate cut transmission, loan growth: Study
NPAs impact banks' rate cut transmission, loan growth: Study

New Delhi, Non-performing assets (NPA) of a bank weakens the monetary policy transmission and loan growth rate, said a recent working paper prepared by the staff members of the Reserve Bank of India (RBI).

The paper titled, 'Bank Capital and Monetary Policy Transmission in India' shows the requirement of b

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Punjab Cabinet nod to Bill to boost small industrial units
Punjab Cabinet nod to Bill to boost small industrial units

Chandigarh, To further improve the state's investment climate and generate employment, the Punjab Cabinet on Sunday approved the conversion of the Factories (Punjab Amendment) Ordinance 2020 into a Bill to be tabled for enactment of law in the Vidhan Sabha on Monday.

The approval came during a virtual meeting

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Al Qaeda remains close to Taliban: UN official
Al Qaeda remains close to Taliban: UN official

Kabul, A senior UN official has claimed that Al Qaeda leader Ayman al-Zawahiri has maintained close ties with the Afghan Taliban despite the latters assurance to the US to cut ties with the group.

"Senior figures remain in Afghanistan, as well as hundreds of armed operatives," TOLO News reported on Satur

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Dhaka's AQI rating worst in the world
Dhaka's AQI rating worst in the world

Dhaka, The Air Quality Index (AQI) of Dhaka, one of the most polluted cities in the world, was on Sunday ranked as the worst in the world.

In Bangladesh, the AQI is based on five pollutants: Particulate Matter (PM10 and PM2.5), NO2, CO, SO2 and Ozone, The Daily Star newspaper reported.

At 10,24

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N.K. media slams Seoul over alleged n-fuel purchase plan
N.K. media slams Seoul over alleged n-fuel purchase plan

Seoul, A North Korean media outlet on Sunday slammed South Korea that it allegedly approached the US to purchase nuclear fuel for a nuclear-powered submarine.

Meari, one of the North's propaganda websites, called a visit by Kim Hyun-chong, South Korea's deputy national security adviser, and his allege

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Female protesters rally against Judge Barret's confirmation vote
Female protesters rally against Judge Barret's confirmation vote

Washington, Oct 18 (IANS) Female protesters and supporters of the Women's March movement staged a rally in Washington D.C., against the October 22 confirmation vote to approve US President Donald Trump's nominee Judge Amy Coney Barrett to the Supreme Court.

The rally, which was the second Women's

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