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SBI earned ₹23,038 crore in a quarter and its shares still fell 1.77%
State Bank of India reported a 14 per cent rise in standalone net profit to ₹23,038 crore for the September quarter, ahead of the ₹22,619 crore analyst consensus, on 18 per cent loan growth. The stock fell 1.77 per cent to ₹970.25 as analysts flagged one-off gains. The NSE separately posted a 23 per cent jump in profit to ₹2,578 crore.
Two nominations rejected, one Form 26 fight: Hardeep Puri is set to enter the Rajya Sabha unopposed
The returning officer in Madhya Pradesh rejected the papers of Kante Sayanna and Congress-backed Rajkumar Lohani at scrutiny on Tuesday, leaving Union minister Hardeep Singh Puri as the only candidate in the Rajya Sabha bypoll. Congress objected to Puri's Form 26 affidavit and said it will move court. The result is due on November 5.
₹50,000 crore on offer, ₹23,905 crore bid: RBI's liquidity drain draws a shrug
The RBI announced a ₹50,000 crore variable rate reverse repo operation after banking system liquidity reached nearly ₹2 lakh crore on Monday. Banks bid only ₹23,905 crore. The weighted average call rate eased to 5.45% from 5.50%, and another VRRR is scheduled for Wednesday.
Down to one MLA, UDP walks out of the Sangma government after eight years
The United Democratic Party's central executive committee decided on Tuesday to withdraw support to the NPP-led Meghalaya Democratic Alliance. President Metbah Lyngdoh quit the cabinet on October 31. Eleven of the party's 12 MLAs had already moved to the BJP and the NPP.
Constitution Day session: Haryana MLAs to sit on November 26, Saini says
Chief Minister Nayab Singh Saini announced the date after a cabinet meeting in Chandigarh. The move follows a Constitution fortnight that included a 'Janpratinidhi Sammelan' in the assembly on Monday, attended by Lok Sabha Speaker Om Birla. Details of the session's business were not disclosed.
Two planes, six plots, ₹510 crore: ED widens its attach order against the Anil Ambani group
The Enforcement Directorate attached ₹510 crore of assets linked to the Reliance Anil Ambani Group, including two chartered aircraft, six land parcels and an office in Maharashtra. Cumulative attachments in cases against the group have reached about ₹23,100 crore. Anil Ambani denies wrongdoing.
Pay per token: E2E opens Blaze, an India-hosted AI inference service on Nvidia
E2E Networks launched Blaze on Tuesday, a pay-per-token inference service for open AI models with a single OpenAI-compatible endpoint. It runs on Nvidia GPU infrastructure and DSX OS components. The company's India-hosted AI factory capacity is being scaled to 14.6 MW.
Shah offers a special session on SIR, and dares the Opposition to turn up
The Home Minister told a Chhattisgarh Rajyotsav gathering in Raipur that the government is ready to convene a special session of Parliament on the Special Intensive Revision of electoral rolls. He accused the Congress of backing Naxalism and alleged Rahul Gandhi had 'mocked Parliament'. No date has been set.
Before a single ticket is sold, Shah Rukh Khan's 'King' has reportedly done ₹665 crore of business
Trade reports say Shah Rukh Khan's 'King' has already tied up about ₹665 crore in pre-release deals, including ₹175 crore for overseas distribution, ₹250 crore for India rights and ₹150 crore for Netflix. None of the figures has been confirmed by the makers.
Blast on rail track near Pakistan border puts Sri Ganganagar on alert; ATS takes over probe
An explosion on the Anupgarh-Suratgarh railway line near village 50 GB in Rajasthan's Sri Ganganagar district destroyed two concrete sleepers late on Tuesday. The ATS, CID and a bomb disposal squad are at the site and two passenger trains have been cancelled.
Mahadev app accused reaches Raipur court, and a fight over what Oman agreed to
Saurabh Chandrakar, alleged kingpin of the Mahadev online betting network, was brought to Raipur on Tuesday evening and will be produced before a special CBI court on Wednesday. His lawyers argue Oman cleared extradition only for the money-laundering case, not the CBI's. The agency says the two are linked.
Diwali week on OTT: a blind man, a forest spirit and a gambler walk into your living room
Two star-led Hindi films arrive on November 6: Haiwaan with Akshay Kumar and Saif Ali Khan on SonyLIV, and The Vvaan with Sidharth Malhotra and Tamannaah Bhatia on Prime Video. Dulquer Salmaan's I'm Game lands on JioHotstar the same day, and Dilwali Diwali is on Netflix for the festival itself.
Jio wants equity, not fees: talks with Comcast and Charter to licence its broadband tech
Jio Platforms is in talks with global telecom and cable firms including Comcast and Charter to licence its unlicensed band radio technology in exchange for possible equity stakes. Talks with South Africa's MTN fell through.
Rajinikanth's Jailer 2 crosses Rs 816 crore, Vijay's Tamil Nadu record next in line
Jailer 2 has grossed Rs 816.90 crore worldwide after 20 days, with Rs 210.45 crore in Tamil Nadu, where it needs another Rs 6.80 crore to overtake Vijay's The Greatest of All Time.
Rs 344 crore and two lives: cyclone Murasu leaves Andhra counting as rain continues
Cyclone Murasu has killed two people in Andhra Pradesh and caused preliminary damage of Rs 344 crore, with crops over 52,459 hectares hit, 12,230 people in relief camps and 35 trains cancelled.
Seven of 13 corporations, 75 of 86 municipalities: TDP-led alliance sweeps Andhra civic polls
The TDP-led alliance has won seven of Andhra Pradesh's 13 municipal corporations and 75 of its 86 municipalities and nagar panchayats. In Kadapa, the YSRCP's stronghold, it took just seven of 279 wards. Jagan Mohan Reddy has rejected the results and alleged manipulation.
No seat, no problem: Akhilesh says he will take CM oath as an MP and skip 2027
The Samajwadi Party president said in Varanasi that he will not contest the 2027 Uttar Pradesh Assembly election and will take oath as chief minister while remaining a Lok Sabha member, as he did in 2012.
No Shivaji Park Dipotsav this year: Raj Thackeray says not while farmers are leaving
MNS chief Raj Thackeray called off the party's annual Dipotsav at Mumbai's Shivaji Park on Wednesday, citing the drought. In a video message he said it would be wrong to celebrate lavishly while farmers in rural Maharashtra migrate to cities. The state has declared 85% of its area drought-hit and announced ₹5,000 interim aid for farmers.
JD(S) stakes claim to Hiriyur bypoll ticket, Kumaraswamy says BJP brass will decide
JD(S) has made a strong pitch to contest the Hiriyur assembly bypoll as the NDA candidate, with Union Minister H.D. Kumaraswamy saying he will take the demand to the BJP's central leadership. The seat fell vacant after the death of former minister D. Sudhakar. The Congress is expected to field his son, Suhas Sudhakar.
ED team at AAP MLA's Moga home before dawn; neighbours locked out of the lane
An Enforcement Directorate team reached the Moga residence of AAP MLA and Punjab Mahila Wing president Dr Amandeep Kaur Arora early on Wednesday. Moga's Senior Deputy Mayor Rakesh Kumar Bajaj said the team arrived around 3 am, sealed the area and allowed no one inside. The case behind the search has not been made public.
₹10.24 crore gone from Greater Noida PNB accounts; CBI arrests clerk and her associate
The CBI has arrested a PNB office assistant, Deepanshi, and her associate Ashutosh Kumar Pathak over the disappearance of ₹10.24 crore from accounts at the bank's Greater Noida branch. Pathak was picked up in Pune and granted transit remand. Complainants say the money taken from savings accounts and FDs was far higher.
FIR against Prashant Bhushan over 'doctored' Lavrov video the MEA had already flagged
Delhi Police have registered an FIR against senior Supreme Court lawyer Prashant Bhushan for allegedly sharing a digitally manipulated video of Russian foreign minister Sergei Lavrov that appeared to show him criticising India. The case was filed at the Special Cell police station under the BNS and the IT Act.
NSE's first result after listing: profit up 23% to ₹2,578 crore, but the stock sits near its IPO price
NSE reported a 23% rise in consolidated net profit to ₹2,578 crore for the September quarter, its first set of earnings since listing. Transaction-charge revenue rose 9% to ₹3,035 crore and operating EBITDA more than doubled. MCX's profit jumped 130% to ₹454.57 crore, yet its shares fell about 7% on Wednesday.
Governor broke procedure on PSC chief, but that won't shield the guilty: Satheesan
Kerala Chief Minister V.D. Satheesan said on Wednesday that former Governor Rajendra Vishwanath Arlekar's recommendation to the President to remove PSC chairman M.R. Baiju was made without following due procedure. He also made clear that the procedural lapse cannot be used to cover up irregularities inside the commission.
New Zealand 185 all out: Arshdeep's 4/70 gives India a small chase at Eden Park
India bowled New Zealand out for 185 in 40.2 overs in the first ODI at Eden Park, Auckland, on Wednesday. Arshdeep Singh took 4/70, Gurnoor Brar 3/44 and Anshul Kamboj 2/22 after Shubman Gill won the toss and chose to bowl.
₹13.5 crore short of ₹600 crore: Drishyam 3 keeps a 33-day-old run alive with 64,393 tickets
Drishyam 3: The Conclusion needs ₹13.50 crore more to reach ₹600 crore worldwide. On day 33, the Ajay Devgn film added ₹75 lakh net in India from 3,050 shows and sold 64,393 tickets. Worldwide gross now stands at ₹586.50 crore.
Akhilesh Yadav wants preacher Dhirendra Shastri barred from Uttar Pradesh over Ram-Krishna remarks
Samajwadi Party chief Akhilesh Yadav on Wednesday demanded that preacher Dhirendra Shastri be stopped from entering Uttar Pradesh, after remarks comparing Lord Ram and Lord Krishna at a Ram Katha in Madhya Pradesh's Shivpuri district. Shastri has apologised, saying he meant no insult to any deity.
Six shows a day, 6 am to 2.30 am: Tamil Nadu lets new releases run all night
Tamil Nadu has allowed theatres to screen newly released Tamil films up to six shows a day, from 6 am to 2.30 am the next day, for one week from release. The Cinemas (Regulation) Rules, 1957 will be amended. Six shows will also be allowed on local festival days, public holidays, Saturdays and Sundays. The order follows representations from producers' associations.
Ruhullah quits NC and Lok Sabha, tells Budgam crowd 'this is my azaadi'
Srinagar MP Aga Syed Ruhullah Mehdi resigned from the Lok Sabha and from the National Conference on Tuesday, accusing the party leadership, particularly Chief Minister Omar Abdullah, of betraying its promise to fight for the restoration of Jammu and Kashmir's special status. He announced the decision at a rally in Budgam. The BJP said it had no role in the party's internal rift.
Rahul and Kharge open Congress's 2027 Punjab run from Mann's own district
Rahul Gandhi and Congress president Mallikarjun Kharge reached Sangrur on Wednesday for the 'Insaaf Rally' at Phaguwala village, the party's launch of its campaign for the 2027 Punjab assembly elections. Both are expected to meet families of victims of drug-related violence. State unit president Pargat Singh said the party is working to a target of one lakh people.