Odisha govt signs MoUs in Singapore to boost clean energy research
Rahnuma:Odisha govt signs MoUs in Singapore to boost clean energy research Bhubaneswar, Oct 29 (IANS) The Odisha Energy Department has signed four Memoranda of Understanding (MoUs) in Singapore to strengthen international research collaboration in renewable energy and emerging clean energy technologies, according to an official statement issued on Thursday. The agreements were signed at the […]
Seoul stocks edge higher as KOSPI closes above 6,200
Rahnuma:Seoul stocks sink on tech losses amid AI concerns Seoul, Oct 30 (IANS) South Korean stocks sank more than 5 per cent on Friday, led by heavy losses in technology shares amid renewed concerns over the sustainability of the artificial intelligence (AI) boom. After opening 2.99 percent lower, the benchmark Korea Composite Stock Price Index […]
India’s fiscal deficit for 1st half of FY27 stands at 42.1 pc of full year target
Rahnuma:India’s fiscal deficit for 1st half of FY27 stands at 42.1 pc of full year target New Delhi, Oct 30 (IANS) India’s fiscal deficit for the first six months (April-September) of the current financial year touched the Rs 7.14 lakh crore mark, which constitutes 42.1 per cent of the budget estimate for the full year, […]
Binance halts deposits, withdrawals after security breach; impact estimated at $6.3 billion
Rahnuma:Binance halts deposits, withdrawals after security breach; impact estimated at $6.3 billion New Delhi, Oct 30 (IANS) Binance on Friday said it has suspended deposits and withdrawals as it investigates a security incident with an estimated impact of around $6.3 billion. In a statement, the world’s largest crypto exchange said its initial investigation suggests the […]
Stock market down, bear market, Bearish, Sensex down
Rahnuma:Equitas Small Finance Bank shares tank 17 pc after CEO Vasudevan resignation; extend 2-day fall New Delhi, Oct 30 (IANS) Equitas Small Finance Bank shares on Friday crashed 17 per cent on Friday, extending their two-day fall after CEO P N Vasudevan said he would resign amid conflict-of-interest concerns as his daughter runs a non-banking […]
China’s Colombo port project exit points to impracticality of several BRI investments: Report
Rahnuma:China’s Colombo port project exit points to impracticality of several BRI investments: Report New Delhi, Oct 30 (IANS) China’s withdrawal from a proposed logistics hub at Sri Lanka’s Port of Colombo underlines the commercial and domestic political hurdles facing some Belt and Road Initiative (BRI) projects, a new report has said. The report from Maldives […]
India’s spending basket shifts beyond essentials as households embrace diverse diets: Report New Delhi, Oct 30 (IANS) Indian households are gradually moving beyond spending primarily on food essentials, with non-food items and services now accounting for nearly two-thirds of total household consumption expenditure, a report said on Friday. The research report by the State Bank of India’s Economic Research Department based on the latest Household Consumption Expenditure Survey (HCES) 2023-24 found that food expenditure constitutes about 32.82 per cent of total household consumption spending, while non-food goods and services together account for around 67 per cent. This trend reflects a steady diversification in household consumption patterns as rising incomes and changing lifestyles influence spending behaviour. Drawing on household-level data from the National Statistics Office’s HCES conducted between August 2023 and July 2024, the study analysed 261,953 households across rural and urban India. The survey provides detailed information on consumption expenditure, demographic characteristics, education, employment, housing conditions, assets, and digital purchasing behaviour, the report noted. The research highlights significant variations in dietary patterns across states, particularly in the consumption of protein-rich food items. Sikkim and Goa recorded the highest average expenditure on selected protein-rich foods, followed by Haryana, while Odisha, Chhattisgarh and West Bengal reported the lowest expenditure levels. The disparity reflects differences in purchasing power, food prices and local dietary preferences. The study also pointed to notable gender-based differences in dietary diversity related to protein-rich foods. Male-coded observations showed higher prevalence of diverse protein consumption than female-coded observations in most states, with particularly large gaps observed in Telangana, Odisha, Punjab and Chhattisgarh. Rajasthan recorded the lowest percentages for both groups, while the gender gap remained relatively narrow in Assam, Uttar Pradesh and Gujarat. At a more granular level, households displayed substantial differences in how food budgets are allocated across categories such as cereals, pulses and milk products. However, expenditure patterns for eggs, fish, meat, vegetables, fruits and dry fruits showed lower variation across income groups. According to the report, this suggests that households across income levels are increasingly prioritising protein-rich diets and healthier food choices, indicating greater awareness of nutritional consumption. The report further noted that spending on packaged and processed foods has become increasingly similar among higher expenditure groups, signalling the growing acceptance of convenience-based consumption alongside healthier dietary preferences.
Rahnuma:India’s spending basket shifts beyond essentials as households embrace diverse diets: Report New Delhi, Oct 30 (IANS) Indian households are gradually moving beyond spending primarily on food essentials, with non-food items and services now accounting for nearly two-thirds of total household consumption expenditure, a report said on Friday. The research report by the State Bank […]
India, Belgium and Luxembourg agree to deepen economic ties
Rahnuma:India, Belgium and Luxembourg agree to deepen economic ties New Delhi, Oct 30 (IANS) India, Belgium and Luxembourg have agreed to strengthen economic ties and explore opportunities to deepen cooperation in aerospace, research, innovation and higher education, according to a statement issued by the Commerce Ministry on Friday. The 19th session of the India-Belgium-Luxembourg Economic […]
India’s PE and VC investments surge 46 pc to $17.1 billion in Q3: Report
Rahnuma:India’s PE and VC investments surge 46 pc to $17.1 billion in Q3: Report New Delhi, Oct 30 (IANS) Private equity and venture capital (PE/VC) investments in India rose 46 per cent year-on-year to $17.1 billion across 348 deals in Q3 2026, driven by a surge in infrastructure and health care transactions, a report said […]
Dixon Technologies’ Q2 profit falls 49 pc to Rs 344 crore
Rahnuma:Dixon Technologies’ Q2 profit falls 49 pc to Rs 344 crore Mumbai, Oct 30 (IANS) Dixon Technologies (India) Limited on Friday reported a consolidated net profit of Rs 344 crore for the second quarter of FY27, down 48.7 per cent from Rs 670 crore in the corresponding quarter last financial year (Q2 FY26). Despite the […]