AGNIVEER 2 YEAR EXTENSION
Agnipath scheme: All Agniveers to be offered regular enrolment after 2-year extended engagement
The Union Cabinet has approved a revised Agnipath scheme offering all Agniveers a pathway to regular military service. The top 25% will be absorbed after four years based on merit, while the remaining 75% can opt for a two-year extension with higher pay, enhanced Seva Nidhi and seniority benefits before enrolment.
'Until it becomes perfect, many things have to be changed, evaluated': Former Lt Gen DP Pandey hails Cabinet's Agnipath extension
Responding to queries regarding the government's decision to introduce a 'Second Tour of Duty' and expand regular enrolment pathways, Lt Gen Pandey pointed out that iterative reviews are essential for perfecting any newly introduced recruitment model.
Agniveers' tenure extended by two years; CDS says 75% outgoing Agniveers will also be given option to continue in armed forces
Agniveer extension news: The Centre has announced a two-year engagement extension for the remaining 75% of Agniveers following feedback on the Agnipath scheme. CDS General N S Raja Subramani said all would be offered a pathway to regular enrolment after the extended period. He also announced changes to recruitment tests and skill certificates for Agniveers.
Lenskart Q2 Results: Profit zooms 122% YoY to Rs 227 crore; revenue grows 36%
Lenskart Solutions achieved a net profit of Rs 227.08 crore in Q2FY27, reflecting a 122.1% YoY increase. Revenue from operations rose to Rs 2,845.03 crore, marking a 35.7% YoY growth. Product margin improved to 64% compared to 63.4% in the same quarter last year. The company added 165 new stores in Q2FY27, enhancing its active store count to 3,624.
Cabinet approves ₹14,500-crore scheme to add 92 GWh energy storage capacity
The Union Cabinet has approved a significant ₹14,500-crore scheme aimed at developing new energy storage capacity. This funding will support the establishment of 92 GWh of grid-scale energy storage across India. Additionally, 850 fast-track courts will be set up to expedite cases involving child abuse and rape. The government has also created a pathway for the enrollment of 25% of Agniveers in the armed forces.
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Jailer 2 box office collection day 20: Can Rajinikanth's film reach the Rs 1000 crore mark worldwide?
Jailer 2 was released on October 15 and has shown impressive box office performance throughout its run. The film, starring Rajinikanth, is heading toward reaching the Rs 850 crore mark. So far, it has earned a significant amount both domestically and internationally. It will face competition from new releases during the upcoming Diwali weekend. Read on to know how much it earned on day 20 in India.
US midterm election results cheer US bond yields, 10-year treasury note, yield on 30-year bond, two-year treasury yield jump on Tuesday
US midterm election 2026 results: 10-year TIPS breakeven rate was last at 2.305 per cent, indicating the market sees inflation averaging about 2.3 per cent a year for the next decade.
Jailer 2 OTT release new update: Rajinikanth's latest blockbuster to stream online with extra scenes. When and where to watch?
Rajinikanth's Jailer 2 is reportedly set to premiere on Amazon Prime Video on November 12, following its successful theatrical run. However, the OTT release has sparked fresh interest after reports suggested that the digital version could feature around 30 minutes of additional footage, including deleted scenes featuring Mohanlal, Santhanam and Vijay Sethupathi. The makers have yet to officially confirm the release date or extended cut.
Govt ready to convene special Parliament session to discuss SIR: Amit Shah
Union Home Minister Amit Shah on Tuesday said the government was willing to convene a special session of Parliament to discuss the Special Intensive Revision (SIR) of electoral rolls. His remarks came amid Opposition criticism of the exercise and demands for a discussion on its implementation and implications.
NSE Q2 Results: Profit jumps 23% to Rs 2,578 crore, revenue rises 9%
NSE Q2 Results: The National Stock Exchange of India (NSE) reported a 23% year-on-year (YoY) increase in its consolidated profit after tax (PAT) to Rs 2,578 crore in the second quarter of FY27 (Q2FY27), compared with Rs 2,098 crore in the corresponding quarter of the previous fiscal year (Q2FY26).
Rajanikanth, at 75, sets a new Kannada record with Jailer 2, beating Allu Arjun's Pushpa 2
Rajinikanth's Jailer 2 has achieved significant milestones, surpassing Rs 800 crore in box office collections. It is recognized as the highest-grossing Kannada-dubbed film and outperformed several Bollywood movies. The film collected Rs 4 crore gross in India on Day 19, bringing its total worldwide earnings to Rs 812 crore. Directed by Nelson Dilipkumar, Jailer 2 features a strong cast, including SJ Suryah and Vidya Balan.
ITC Q2 Results: Profit falls 18% to Rs 4,229 crore, revenue rises 5%
ITC Q2 Results: ITC Ltd reported an 18.5% decline in consolidated net profit for the September quarter on Monday as a sharp fall in earnings from its cigarette business weighed on overall profitability despite strong growth in its FMCG, agriculture and paper businesses.
November could favour bulls, but macro headwinds cloud outlook
In November, investors are optimistic about Indian equities due to ongoing festive celebrations and better-than-expected corporate earnings. While the Sensex and Nifty boasted gains in October, other market indices saw declines. However, potential threats such as rising crude oil prices and global uncertainties remain. A noticeable surge in purchases by foreign portfolio investors signals renewed interest in Indian stocks.
Solar module cos seek more time to comply with local sourcing
Solar module manufacturers in India are raising concerns about the local availability of cells for production. They have requested an extension of the sourcing deadline beyond January 2024 to address these issues. The Renewable Energy Manufacturers Association has highlighted a significant gap between module production capacity and cell supply. Current regulations mandate that solar cells must come from approved local manufacturers for projects.
Banks seek microloan guarantee extension
IDFC First Bank and small finance banks such as AU, Jana and Suryoday were among the biggest users of the scheme to reduce credit risk. They have set aside the guarantee fee for the current fiscal year, expecting the government to reopen the window soon, people aware of the matter said.
Bullet train to Northeast: PM Modi approves Delhi-Guwahati bullet train corridor expansion, extending proposed route to Assam via Varanasi, Patna and Siliguri; CM Himanta thanks Centre
Assam Chief Minister Himanta Biswa Sarma has welcomed the extension of the Northern bullet train corridor from Siliguri to Guwahati, saying Delhi-Guwahati travel could take under eight hours. PM Narendra Modi has approved the Northern corridor, which will connect major cities across Uttar Pradesh, Bihar and West Bengal before reaching Assam.
Jailer 2 box office collection day 17: Rajinikanth's film beats its predecessor, inches towards Rs 800 crore worldwide
Jailer 2 has been performing strongly, achieving major box office collections in the past 17 days. The film has already surpassed the lifetime collections of its predecessor, Jailer, and is closing in on Rs 800 crore. It has maintained solid earnings both domestically and in international markets. Read on to know how much it earned on day 17 in India.
India extends cotton import duty exemption till December 31
The Indian government has extended the customs duty exemption on cotton imports to December 31. This decision aims to support the textile industry by ensuring adequate raw material availability. The waiver allows greater flexibility for manufacturers to source inputs at reduced costs. Domestic cotton prices have remained firm due to production concerns, prompting this extension. The move is expected to strengthen Indian textiles in both domestic and international markets.
Reliance Retail Q2 profit takes a hit on Qcomm push
Reliance Retail Ventures reported a significant drop in net profit, down 24.5% year-on-year to ₹2,619 crore in the last quarter. Despite this, revenue improved by 5.8% to ₹80,220 crore, largely driven by a surge in grocery sales. The company's profitability was affected by strategic investments and evolving festive season patterns, alongside rising finance costs stemming from increased borrowing and interest rates. Focus remains on improving transactions and business model adaptation.
US bond market crash: 10-year, 30-year, 2-year yield notes fall to historic lows. Here's why
US Federal Reserve in September raised rates for the first time in three years in an effort to combat higher inflation, tied in part to high energy prices and the Artificial Intellience (AI) boom.
Manipur SoO Pact faces uncertainty ahead of polls
In Manipur, ethnic violence has led to significant casualties and displacement since May 2023. The Suspension of Operations agreement with Kuki militant groups has faced opposition by the Meitei and Naga communities. Several SoO cadres are accused of involvement in recent conflicts and violence. The future of the SoO agreement remains uncertain, raising concerns among local communities. Assembly elections will soon bring these issues to the forefront of political debate.
SIR: Extended timelines spark controversy across states
The Election Commission of India plans multiple timeline extensions for the special intensive revision of electoral rolls. Bihar completed its process quickly, but most other states needed additional time. Delhi has the most extensions, now totaling over 176 days. Several states, including Andhra Pradesh and Telangana, are facing delays in finalising their electoral rolls. These prolonged timelines reflect ongoing issues with voter application discrepancies and entry verifications.
What to know about Brazil's Bolsonaro's departure to the US after his electoral defeat
Flavio Bolsonaro, a Brazilian senator, fled to Miami with his family after losing the presidential election. He had been under investigation for corruption and faced passport seizures ordered by the Supreme Court. His father, Jair Bolsonaro, had previously claimed electoral fraud without providing evidence. Despite allegations of voter suppression, the electoral results were widely accepted by political leaders around the world.
US Market: Fed holds rates steady, but bond investors remain concerned over inflation
The US Treasury yield curve steepened after Fed Chair Kevin Warsh’s press conference, as investors weighed inflation risks, fiscal concerns and the outlook for interest rates. Longer-dated bond yields faced pressure amid worries over government borrowing and the term premium. Mixed economic signals also raised questions about the Fed’s growth assessment, while markets continued to price in the possibility of further rate hikes.
Government extends PLI scheme for textiles until 2033-34 to boost MSME participation and investments
The government has announced an extension of the Production Linked Incentive scheme for the textiles sector until 2034. This change aims to encourage more companies to participate by relaxing eligibility norms for investment. The textiles ministry has reduced the minimum turnover requirement for certain manufacturers from ₹200 crore to ₹100 crore. A reopened application portal will accept submissions for manufacturing various textiles from November 1 to December 31.
1st batch of Agniveers retiring soon: What's the retirement money, career options and benefits they will get
By 2026, approximately 18,300 Agniveers will finish their service in the armed forces, marking a pivotal transition. To ease their shift into civilian life, numerous states have initiated job quotas specifically for ex-Agniveers across different uniformed services and police departments. These initiatives stem from the Agnipath scheme launched in June 2022, which focuses on enlisting younger individuals in military roles.
US Treasury predictions: Will 2-year, 10-year, 30-year bonds hit historic highs soon? Details here
US benchmark 10-year yield last Thursday had its biggest one-day drop in nearly four years as stocks dropped. It was up slightly on Tuesday but below the 5 per cent mark.
Companies get more time to file FY26 financial statements, annual returns
The corporate affairs ministry has extended the deadlines for submitting annual financial statements and returns for fiscal year 2025-26. Companies can now file financial statements until December 31, 2026, without incurring additional fees. The deadline for submitting annual returns has also been adjusted to January 31, 2027. This extension comes after stakeholders faced challenges with the MCA 21 portal.
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