Geoffrey Dennis sees money moving from China to India
India is emerging as the brighter spot among developing economies, said Geoffrey Dennis, Independent Emerging Markets Commentator, who believes that “some rotation from China into India may make a fair amount of sense now.” He stated that while China’s markets have run up sharply this year, India offers a more stable macro picture with low inflation, room for interest rate cuts, and steady reforms such as goods and services tax (GST).
Trump backs Cuomo, threatens to cut funds for New York City if Mamdani wins
US President Donald Trump said on Monday he will restrict federal funds for New York City if Democratic candidate Zohran Mamdani wins the city’s mayoral elections on Tuesday, and urged supporters to vote for former Governor Andrew Cuomo.
Bharti Airtel shares at record high are the top Nifty gainers; Analysts see further upside
Shares of Bharti Airtel gained 3% to hit a record high on Tuesday, November 4, extending gains for the second consecutive session. The stock touched an all-time high of ₹2,135.60 and emerged as the top gainer on the Nifty 50 index in today’s trade.
Fugitive Mehul Choksi challenges extradition in Belgium Supreme Court
Fugitive diamantaire Mehul Choksi has challenged before the Supreme Court of Belgium the October 17 order of the Antwerp Court of Appeals, which had termed India’s request seeking his extradition “enforceable”, officials said on Monday (November 3).
Groww IPO opens today: Should you subscribe to the ₹6,632 crore issue?
The initial public offering (IPO) of Billionbrains Garage Ventures Ltd., the parent company of fintech platform Groww, will kick off for subscription on Tuesday, November 4, and close on November 7. The ₹6,632 crore issue is priced in the range of ₹95-₹100 per share. Retail investors can bid for a minimum of one lot of 150 shares, requiring an investment of ₹15,000, and in multiples thereof.
Lenskart IPO GMP slips to ₹60 on final day of bidding for ₹7,278 crore issue
Shares of Lenskart are trading at a premium of ₹59 in the grey market today, indicating a potential listing gain of around 15% when the stock debuts on the bourses on November 10. The grey market premium (GMP), which was around ₹95 when the issue opened for subscription on October 31, has eased since then.
Microsoft to ship 60,000 Nvidia AI chips to UAE under US-approved deal
Microsoft said on Monday it will be shipping Nvidia’s most advanced artificial intelligence chips to the United Arab Emirates as part of a deal approved by the US Commerce Department. The Redmond, Washington software giant said licenses approved in September under “stringent” safeguards enable it to ship more than 60,000 Nvidia chips.
Fearing fraud, Canada rejects most Indian study permit applicants
Canada’s clampdown on international students has hit applicants from India particularly hard, government data shows, as what was once a preferred destination loses its allure for Indian students. Canada lowered the number of international student permits it issues for the second year in a row in early 2025 as part of a broader effort to reduce the number of temporary migrants and address fraud related to student visas.
SIR in Bengal: Final preparations underway, CEO holds review meeting
A day before the rollout of the Special Intensive Review (SIR) of electoral rolls in West Bengal, chief electoral officer Manoj Kumar Agarwal on Monday held a meeting with all district magistrates as a part of their last-minute preparation, officials said.
Bihar Chunav 2025: Do’s and don’ts at polling station on voting day
More than 7.4 crore eligible voters in Bihar will exercise their voting rights next week to elect a new government. Polling for all 243 assembly constituencies in the state will be held in two phases on November 6 and November 11. Counting of votes will be held on November 14.
Delhi-NCR air quality still ‘very poor’, AQI recorded at 392
There has been no improvement in the air quality in Delhi-NCR, and it continues to remain in the ‘very poor’ category. The Air Quality Index (AQI) at Akshardham and Anand Vihar, and nearby areas, was recorded at 392 as a layer of haze lingers in the air.
