At least seven people were killed and as many as 70 were injured in an explosion in Pakistan's Peshawar on Tuesday morning. The development was confirmed by Senior Superintendent of Police (Operations) Mansoor Aman has confirmed, Dawn reported.

The blast occurred at a Madrassah at Kohart Road in Dir Colony in Peshawar. All injured have been shifted to Lady Reading Hospital at Peshawar.

Angered over PDP president Mehbooba Mufti's recent remarks about the scrapping of Article 370, Gujarat Deputy Chief Minister Nitin Patel on Monday said the former chief minister of Jammu and Kashmir should move to Pakistan with family if she doesn't like India and its laws.

Patel, addressing a bypoll rally in Kurali village of Vadodara district, said Prime Minister Narendra Modi and Union Home Minister Amit Shah brought in the CAA and scrapped Article 370, which accorded special status to the erstwhile state of J&K, for the safety and security of the country.

Andhra Pradesh on Monday registered 1,901 new Covid positive cases, increasing the state's tally to 8.08 lakh, even as 3,972 more recoveries outnumbered infections.

AP has tested only 51,544 samples for Coronavirus in the past 24 hours, compared to the usual average of around 70,000 tests, resulting in fewer infections.

Mahindra & Mahindra Financial Services’ net profit rose by 21 per cent to Rs 304 crore in the second quarter ended September (Q2Fy21), from Rs 252 crore in the same quarter a year ago.

The provisions and write-offs stood at Rs 619.4 crore in Q2Fy21, up from Rs 360.7 crore in the year-ago period. It made higher level of impairment provisions of Rs 433 crore during quarter through management overlay to reflect deterioration in the macroeconomic outlook.

L&T Finance Holdings (LTFH) expects to shrink loan book from defocused businesses from Rs 4,651 crore in September 2020 to Rs 1,000 crore by March 2022 as part of rejig of its assets portfolio.

On the loan portfolio from defocused businesses, Dinanath Dubhashi, managing director (MD) & chief executive officer (CEO), LTFH, said 90 per cent of it is good. It is not that all good books we have to unwind. It will reduce to around Rs 1,000 crore level in another 18-months, he said.

Hyderabad-based Aurobindo Pharma has reached a definitive agreement to sell its US subsidiary Natrol LLC to private equity firm New Mountain Capital and its affiliate Jarrow Formulas in an all-cash transaction valued at $550 mn (about Rs 4,048 crore). This would make Aurobindo a zero-debt company and also help it repay loans, analysts said.

The deal, subject to customary closing conditions and regulatory approvals, is expected to close by January.

Riding on a shopping surge in smaller towns and cities, Flipkart Group emerged as overall leader during the week-long festive sales, accounting for 68 per cent of the total sales as the country saw a massive 55 per cent (year-on-year) growth with $4.1 billion (nearly Rs 29,000 crore) goods being sold across ecommerce platforms.

This figure was $2.7 billion for the seven-day festive sales period last year.

In a major reform brought by the Department of Personnel and Training (DoPT), the Centre has entitled male employees of the government to Child Care Leave (CCL).

Union Minister Jitendra Singh announced the move taken by Prime Minister Narendra Modi led government while briefing about some of the major reforms brought by DoPT.

A massive number of people have already voted in Texas since early voting started on October 13, leading experts to predict that the state could reach overall turnout levels unseen so far this century.

Over seven million people have already voted in the state of Texas ahead of next week's general election, a figure that accounts for nearly 43 per cent of all registered voters in the state.

The Centre has come out with a clarification in regards to a statement made by National Security Advisor (NSA) Ajit Doval at an ashram in Rishikesh yesterday (October 24). The clarification states that Ajit Doval was not talking in the context of the India-China standoff along the LAC in eastern Ladakh but was speaking purely in a civilisational and spiritual context.

Several media houses had projected Doval's statement at the ashram as a remark on China.

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