Andhra Pradesh has suffered agricultural and infrastructural damages worth Rs 8,084 crore in the recent heavy rains and floods.

The estimated loss is about Rs 8,084 crore, of which Rs 5,000 crore occurred due to infrastructure damages. Also, agriculture and allied sectors suffered flood damage of Rs 3,000 crore as incessant rains occurred right before the harvesting period, said a government statement.

The Delhi High Court on Wednesday, November 11 pulled up the Delhi government for opening up most of the commercial activities and relaxing COVID-19 norms for public movement and gatherings in the city.

Taking strong objection to the government relaxing the norms, a bench of Justices Hima Kohli and Subramanium Prasad asked What's with the Delhi government allowing all the un-lockdown when the cases are skyrocketing? Why have you opened everything.

World Health Organisation (WHO) Director-General Tedros Adhanom Ghebreyesus on Wednesday thanked Prime Minister Narendra Modi for his strong commitment to Covax and making COVID-19 vaccines a global public good.

I thanked Prime Minister @narendramodi for his strong commitment to COVAX and making #COVID19 vaccines a global public good. The pandemic is an unprecedented challenge for the world, and we agreed to work shoulder to shoulder to end it. #ACTtogether, Tedros said in a tweet in Hindi.

President Trump, facing the prospect of leaving the White House in defeat in just 70 days, is harnessing the power of the federal government to resist the results of an election that he lost, something that no sitting president has done in American history.

In the latest sign of defiance, the president’s senior cabinet secretary fueled concerns on Tuesday that Mr. Trump would resist handing over power to President-elect Joseph R. Biden Jr. after legal challenges to the vote. There will be a smooth transition to a second Trump administration, Secretary of State Mike Pompeo said.

BJP registered a crucial victory in the bitterly contested Madhya Pradesh bypolls winning by 19 seats and decimating the Congress that managed to secure just 9 seats.

According to the Election Commission of India, BJP secured a vote share of 49.5 per cent where Congress got 40.5 per cent votes.

With National Democratic Alliance's (NDA) dramatic win in the Bihar Assembly elections, Lok Janshakti Party (LJP) president Chirag Paswan congratulated Prime Minister Narendra Modi for the victory, claiming that CM Nitish Kumar only won because of him.

Chirag, who left NDA just before the polls, said that the voters in the state have expressed their faith in PM Modi and it is necessary that BJP gets stronger to usher in development in the state.

The government has made it mandatory for companies with annual turnover of at least Rs 100 crore to go for e-invoicing for business to companies (B2C) transactions from January 2021. It has come out with a notification to this effect.

Currently, e-invoicing is mandatory for companies with annual turnover of at least Rs 500 crore. While it was made mandatory from October, the government had put off penalty for errant companies for at least one month.

Against the backdrop of allegations by the RJD and the Congress that some results were being withheld by returning officers in Bihar, the Election Commission on Wednesday asserted that it was working with due diligence and was not under anyone's pressure.

Responding to allegations that victory certificates were not been handed over to candidates from the opposition grand alliance by returning officers on 119 seats, the Commission said the latest figures on its website state that while 146 results have been declared and trends of 97 other seats were available.

Shares of Mahindra & Mahindra (M&M) rose 3 per cent to Rs 640 on the BSE on Wednesday after the company reported healthy operational performance in the September quarter (Q2FY21). The stock of cars & utility vehicles company hit a 52-week high of Rs 666 on September 21, 2020.

The company’s operating margin (OPM) improved 370 basis points to 17.8 per cent in Q2FY21 against 14.1 per cent in Q2FY20.

ONGC Videsh (OVL) has signed definitive binding agreements with Australia’s FAR for acquiring 13.6667 per cent participating interest in exploitation area of Sangomar field and 15 per cent participating interest in remaining contract area of Rufisque, Sangomar Offshore and Sangomar Deep Offshore (RSSD) Block in Senegalese offshore.

The acquisition involves (i) an upfront consideration of $45 million with customary adjustments including the opening working capital as of January 2020 and the cash calls paid or to be paid from January 2020 onwards until completion (excluding any default interest paid / payable by FAR for any delay in cash call payments).

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