REDUCE
Health insurance claims: How the moratorium clause protects you after five years
Cutting through money jargon, one topic at a time. This week, Preeti Kulkarni explains how the moratorium clause in health insurance protects policyholders against arbitrary claim rejections.
Gas hunt: RIL, ONGC, BP may share $1-billion infra facility
The shared infrastructure, under the $1-billion plan, model aims to reduce development costs, eliminate standalone facilities for smaller discoveries and improve operational efficiency and commercial viability.
BDA projects on agenda as CM Shivakumar to review Bengaluru infrastructure plans on Monday
Chief Minister DK Shivakumar will conduct a review meeting focusing on key projects of the Bangalore Development Authority. Plans will include addressing traffic congestion and resolving longstanding issues related to residential sites and housing. The meeting aims to assess major infrastructure projects and set timelines for their completion. New initiatives and decisions from the BDA are expected to be announced after the review.
In 2003 and 2006, California used 224,700 waste tires behind two freeway walls; the lighter fill reduced pressure on the structures by about 30%
California has taken a progressive step by integrating millions of waste tires into its freeway construction. This innovative approach involves the use of tire-derived aggregate in retaining walls, which effectively minimizes structural pressure. Not only does this practice present numerous advantages in civil engineering, but it also helps conserve natural resources while tackling the tire disposal dilemma.
Cancer drug prices to fall by up to 96% from November 9; consumers set to save Rs 3,502 crore annually
Starting November 9, consumers in India will benefit from significantly reduced prices on 137 anti-cancer drugs. The government has capped trade margins on these medications, leading to an estimated annual savings of Rs 3,502.31 crore for consumers. Price reductions have been reported across 1,225 formulations, with some reductions exceeding 50 percent.
NZ vs IND, 2nd ODI: Gurnoor Brar's four-wicket streak leads India to win by four runs
Team India achieved a narrow victory over New Zealand by just four runs in Wellington. India's bowlers dominated the New Zealand batting lineup, led by Gurnoor Brar's impressive four-wicket haul. Despite a rocky start in their chase, Shreyas Iyer and KL Rahul contributed significant runs to the team's score. Rain interrupted the match, and India was slightly ahead of the DLS target when play resumed.
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Nitin Gadkari says new Toyota Innova to be launched on November 26, running cost to be just Rs 25 per liter
Union Minister Nitin Gadkari has announced that Toyota will launch a new bioethanol-powered Innova in India on November 26. The vehicle will run entirely on 100% bioethanol and generate nearly 60% of its power through electricity while driving. Gadkari claims its effective running cost could be equivalent to just Rs 25-30 per litre of petrol, potentially offering significant savings to motorists.

Diwali 2026: You can't control outdoor air pollution, but 6 things you can do to improve indoor air quality during Diwali firecracker season without an air purifier
Diwali festivities, while joyous, often contribute to heightened air pollution from firecrackers and outdoor emissions. To combat indoor air quality issues during this period, consider keeping windows shut and steering clear of incense burning to minimize smoke. Regular cleaning and maintaining home appliances can effectively reduce dust buildup. Although indoor plants add a touch of beauty, they don't significantly enhance air quality throughout Diwali.

Go Digit says IRDAI's EoM rules led to unintended rise in commission
Goyal said that the existing Expense of Management (EoM) framework had failed to achieve its intended objective of reducing expenses, with some insurers using savings from large government and crop insurance businesses to increase commissions in retail segments.

In 2024, Cornell researchers grew radishes and radicchio between solar panels near Albany; shade reduced light and crop biomass, with radishes more affected
In a groundbreaking study, Cornell University researchers evaluated agrivoltaics in Albany, New York, focusing on crops like radishes and radicchio. Their findings revealed that solar panel shading led to considerable reductions in light and biomass. With agrivoltaic land usage in the U.S. having more than doubled since 2020, they advocate for strategic adjustments in planting schedules and crop choices to optimize synergy between agriculture and solar energy.

India's farms offer 116 GW solar manufacturing opportunity: ISMA
India's agricultural sector could create a demand for 116 GW of solar modules through the solarisation of irrigation pumps. The Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) aims to support this transition. Solarising pumps can reduce dependence on conventional electricity and diesel while improving farmers' electricity availability. The report emphasizes the need for sustained policy support and demand visibility to benefit domestic manufacturers.

Centre proposes 10 new entry points for drug imports into India, Noida airport included
The Centre has proposed expanding India's authorised import network for pharmaceuticals and medical devices by adding ten new locations. These include Noida International Airport and several inland container depots across industrial hubs in India. This expansion aims to simplify the import process and reduce transportation costs for companies. The health ministry has invited public feedback on the draft amendment to Drugs Rules, 1945.

India plans to cut visa categories from 13 to 9 and reduce application form fields by 70%
In a significant turn of events, India's Union Home Ministry is undertaking a major overhaul of the country's visa system, reducing the existing 13 categories down to just 9 while revamping the application process to enhance user experience.

Explained: 5 reasons why Trump’s midterm election setback matters for Indian markets and economy
Donald Trump’s midterm election setback has triggered a global market rally, with Indian equities gaining sharply. Lower crude oil prices, a weaker dollar, potential FII inflows, reduced tariff risks and changing US interest rate expectations could reshape India's economic outlook. Here are five key ways the political shift could impact markets.

Apple cuts employee AI budgets in cost-control push
Apple has reduced employee budgets for AI usage as part of a broader effort to rein in costs, even as it seeks to expand the use of AI across its operations, Bloomberg News reported on Wednesday, citing people familiar with the matter.

Over half of street vendors may cut UPI acceptance if 0.4% MDR is introduced: ISB study
More than 67% of street vendors in India currently accept UPI payments for transactions. A proposed 0.4% merchant discount rate could lead to reduced acceptance among vendors. Concerns arise particularly for vendor-supplier transactions, as many vendors make payments above ₹2,000. A significant portion of vendors faced additional charges from suppliers and might pass costs onto customers.

Bus, milk fare hikes hit people in Karnataka ahead of Diwali season
Karnataka's Congress government has announced a bus fare hike across all four state-run transport corporations from November 5, with increases averaging 23% for KSRTC and 33-35% for BMTC. Chief Minister DK Shivakumar defended the move, citing mounting losses and operational costs, while challenging the Centre to reduce fuel prices.

Tencent rolls out AI model trained with limited cybersecurity data amid hacking fears
Tencent on Wednesday released Hy4, its new open-source model, that the company said was trained with limited cybersecurity data to "defensive" content to reduce the risks of the model's ability to aid cyberattacks.

NPPA updates list of reduced MRP of 1,085 anti-cancer drugs
The National Pharmaceutical Pricing Authority updated the maximum retail price for 1,085 anti-cancer medicines. This revision follows a previous decrease of prices for 543 anti-cancer drugs announced on October 28. The updated list contains prices based on information submitted by pharmaceutical companies up to November 3. The NPPA will continuously update this list as more manufacturers submit revised prices.

Bajaj Finserv shares rise 2%, extend gains after Q2 results. Why Jefferies reduced target price but still sees 34% upside
Bajaj Finserv shares had gained around 2% on Tuesday as well after the company announced the earnings, reporting a 17% YoY increase in revenue from operations to Rs 43,416 crore for the second quarter of the ongoing financial year 2027, from Rs 37,215 crore reported in the year-ago period. The shares of the company rose further to Rs 1,749 apiece on Wednesday morning.

Indus Towers equips 50,000 sites with solar power; plans to double count by FY29
Indus Towers has installed solar systems at 50,000 telecom sites, adding around 300 MW of capacity, and aims to double the number by FY29. The company says the initiative, combined with battery storage and energy-management systems, has helped cut energy costs by 8-10% per kilowatt and reduce diesel consumption.

NEET panel proposes shift to rank-based merit: Govt to SC
An expert committee has recommended a shift to a rank-based system for NEET-PG admissions beginning in 2027. This proposal aims to replace the existing percentile-based qualifying criteria, with support from the National Medical Commission. The committee highlighted the necessity to reduce fees for non-clinical PG courses and exempt certain candidates from service bonds.

Quant Mutual Fund reduces exposure to frontline IT stocks as part of profit-booking exercise
Quant Mutual Fund has strategically reduced its exposure to IT stocks and boosted its investments in FMCG sectors. This shift is due to disappointing earnings from key tech companies, leading to a cautious approach towards manufacturing amid ongoing supply chain issues. Nevertheless, the fund expresses confidence in India's investment potential amidst global market instabilities and has also introduced three new index funds for passive investors.

Why Paris Jackson is seeking $600 million from Michael Jackson’s estate nearly 17 years after his death
Paris Jackson has filed a petition for a $600 million transfer to the Michael Jackson Family Trust. She claims that the estate's executors have not followed the distribution schedule set in Jackson's will. Legal disputes have prevented the full funding of the trust and reduced payments to beneficiaries. The estate representatives deny Paris's allegations and note that over $200 million has been distributed thus far.

Technological fasting
Limiting mobile phone usage can help individuals reconnect with themselves and their surroundings. Engaging in traditional activities like gardening or painting fosters creativity and improves mental health. Taking long walks in nature serves as an effective countermeasure against smartphone distractions. Observing a nightly digital detox promotes better attention and presence in daily life. Overall, technological fasting encourages a more meaningful and connected way of living.

Better forecasts save lives in cyclones, but India needs stronger defences and faster recovery
India experiences an average of five cyclones annually, with two becoming severe cyclonic storms. The Bay of Bengal generates more cyclones than the Arabian Sea due to its shape and temperature. Improved cyclone response has led to reduced fatalities through timely evacuations and better tracking. However, there is a need for enhanced infrastructure and environmental defenses to decrease destruction.

In 2004, San Jose used 1,000 tons of shredded waste tires beneath 2,000 feet of light-rail track; the unusual layer reportedly reduced vibration and saved over $1 million
The use of shredded tires as a base for light rail tracks offers a cost-effective solution for reducing noise. Many transit authorities have successfully implemented this method, leading to significant savings in construction costs. Additionally, using shredded tires prevents tires from ending up in landfills where they can pose environmental hazards. Despite successful trials, this method remains underutilized in many US transit expansions.

AI and wisdom: A human being cannot be reduced to a performance statistic
The rapid growth of AI has raised a profound question: if machines become increasingly capable, will they eventually replace human beings? Some technology leaders and researchers have warned about the risks of advanced AI, while others emphasise its potential to transform human life. Human beings are endowed with something beyond computation: consciousness, compassion, intuition, imagination, moral responsibility and the capacity to love.
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