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Delhi under thick smog blanket, air quality remains severe for third day

Delhi under thick smog blanket, air quality remains severe for third day

A thick layer of smog continued to cover Delhi on Saturday as the air quality remained under the "severe" category for three consecutive days.

In a slight improvement, Delhi's Air Quality Index (AQI) was recorded at 431 on Saturday morning, according to data from the System of Air Quality and Weather Forecasting And Research (SAFAR).

The AQI on Friday night deteriorated to 437 from Thursday's 418, said SAFAR.

First voter of independent India Shyam Saran Negi passes away in Himachal

First voter of independent India Shyam Saran Negi passes away in Himachal

Shyam Saran Negi, 106, the first voter of independent India who cast his 34th vote for the forthcoming Assembly polls three days ago, passed away at his native place Kalpa in Himachal Pradesh on Saturday, his family said.

He will be cremated with full state honours, says Deputy Commissioner Abid Hussain Sadiq.

Gold trading at Rs 50,280 per 10 grams, silver selling at Rs 60,000/kg

Gold trading at Rs 50,280 per 10 grams, silver selling at Rs 60,000/kg

Gold prices fell during Saturrday's early trade with 10 grams of 22-carat gold trading at Rs 46,090 after falling by Rs 10 from yesterday's close, according to the GoodReturns website. Meanwhile, silver prices remained unchanged from yesterday's close with 1 kg of the precious metal selling at Rs 60,000.

Ten grams of 24-carat gold is selling at Rs 50,280, after a decline of Rs 10 from yesterday's closing price.

Biden slams Musk's Twitter buy, says platform responsible for spewing lies

Biden slams Musk's Twitter buy, says platform responsible for spewing lies

President Joe Biden criticized Elon Musk’s acquisiton of Twitter Inc., saying the social media platform was responsible for spewing lies.

Biden made the remarks as an aside during a fundraiser in Chicago on Friday evening as he warned donors about the effect the Nov. 8 midterms would have on the coming years.

GE Aerospace, Tata Advanced Systems extend $1 billion long term contract

GE Aerospace, Tata Advanced Systems extend $1 billion long term contract

GE Aerospace and Tata Advanced Systems Ltd have extended their long term contract worth USD 1 billion for production and supply of several commercial aircraft engine components.

The engine parts will be manufactured at the Tata Centre of Excellence for Aero Engines (Tata-TCoE).

In a joint release on Friday, GE Aerospace and Tata Advanced Systems Ltd (TASL) said they have extended the manufacturing agreement.

Kejriwal to announce AAP's CM candidate for Gujarat Assembly polls today

Kejriwal to announce AAP's CM candidate for Gujarat Assembly polls today

Aam Aadmi Party (AAP) national convener Arvind Kejriwal will announce on Friday the name of the party's chief ministerial candidate for the next month's Gujarat Assembly elections, party office-bearers said.

This candidate will be named on the basis of opinion submitted to the party by the people of the state, they said.

Reliance to enter salon business, in talks with Naturals chain: Report

Reliance to enter salon business, in talks with Naturals chain: Report

Reliance Retail, a unit of Indian oil-to-chemicals conglomerate Reliance Industries, plans to enter the salon business and is in final stages to buy a roughly 49% stake in Naturals Salon & Spa, the Economic Times newspaper reported on Friday.

However, Naturals' Chief Executive CK Kumaravel said "the talks are at a nascent stage," according to the report, which cited executives aware of the development.

Byju's Aakash Educational Services IPO valuation likely to hit $4 billion

Byju's Aakash Educational Services IPO valuation likely to hit $4 billion

India’s most valuable start-up, online-education giant Byju’s, is finalising plans for a $1-billion initial public offering of its tutoring business Aakash Educational Services, according to people familiar with the matter.

The company is in talks with at least four foreign banks— JPMorgan Chase & Co, Citigroup Inc, Goldman Sachs Group Inc, and Morgan Stanley, as well as Indian banks, including Kotak Mahindra Bank and Axis Bank, as it seeks arrangers for the listing, said one of the people, who asked not to be named discussing confidential conversations. The unit may be valued at $3.5 billion to $4 billion, the person said.

After unfavourable ratings Vedanta Resources terminates Moody's services

After unfavourable ratings Vedanta Resources terminates Moody's services

Vedanta Resources, the holding company of India’s Vedanta Limited, on November 7 terminated the Moody’s rating services after the latter downgraded the company’s ratings amid debt concerns, the Economic Times reported.

“Vedanta Resources Limited hereby announces that it has today given notice to Moody’s Investor Services to discontinue its rating engagement and to withdraw all the outstanding ratings.” Vedanta said in a statement today.

Donald Trump again hints at running for office in 2024 presidential polls

Donald Trump again hints at running for office in 2024 presidential polls

Former US President Donald Trump has again dropped another hint that he would "very, very, very probably" be running for office in the 2024 presidential election.

He made the remark while addressing a Republican campaign rally in Sioux City, Iowa on Thursday for the November 8 midterm elections, the BBC reported.

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