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'Highly doable' for Centre to cut fiscal deficit to 4.5% of GDP by FY26: MPC's Ashima Goyal
PNB gets government approval to divest 15.22% UTI AMC stake
Exports could slow down given global recession, uncertainties: Piyush Goyal
Verify Aadhaar before accepting it as proof of identity: UIDAI to states
MNREGA budget to be stepped up, Rs 16,000 crore of additional funding likely: Govt
Pakistan's PM names Asim Munir as new army chief-information minister 
Delhi Police, prosecution will ensure whoever killed Shraddha Walkar will get strictest punishment in least time: Amit Shah on Mehrauli killing
Priyanka Gandhi Vadra joins Bharat Jodo Yatra for first time 
Kamal Haasan admitted to Chennai hospital 
WHO plans to rename monkeypox to 'MPOX'
Veteran Actor Vikram Gokhale still critical and on life support
China's daily Covid cases hit record high 
Maharashtra | 233 measles cases, 12 deaths reported in Mumbai this year
Ready to re-launch within 60-90 days of the transfer of ownership: Jet Airways CEO
Court likely to pronounce order on ex-Maha minister Nawab Malik's bail plea
Law to regulate digital media
Fed staff warn chance of recession in next year is now near 50%
Priyanka Gandhi Vadra and her husband Robert Vadra joined Bharat Jodo Yatra 
Nirav Modi seeks permission to appeal extradition in UK top court 
$740 million in crypto assets recovered in FTX bankruptcy so far
'Highly doable' for Centre to cut fiscal deficit to 4.5% of GDP by FY26: MPC's Ashima Goyal
-It is "highly doable" for the Centre to lower its fiscal deficit to 4.5 percent of GDP by 2025-26, Ashima Goyal, an external member of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has said.
-"In emerging markets, you have much higher growth rates. If your G (growth rate) is greater than your R, your real interest rate, then the denominator is rising and the (fiscal) deficit, debt ratios, everything comes down," Goyal said on November 24 while speaking at State Bank of India's Banking and Economics Conclave.

Read more here.

Future Consumer to merger with Integrated Food Park Limited
-Future Consumer on November 24 informed the stock exchanged that its board has decided to withdraw the merger between Integrated Food Park Limited and company owing to certain terms which were not achieved.
-" …please note that since the terms of the OTR Plan could not be achieved, the Board of Directors of the Company have decided, subject to approval of National Company Law Tribunal at Mumbai and Bengaluru Bench (“NCLT”) and other regulatoryauthorities as may be required, to withdraw Scheme of Amalgamation between Integrated Food Park Limited and the Company and their respective Shareholders," the company said in a regulatory filing.
 
PNB gets government approval to divest 15.22% UTI AMC stake

-Punjab National Bank on November 24 stated that its has received government approval to divest its entire 15.22 percent  stake in UTI Asset Management Company (AMC) stake as part of its non-core asset sale plan to shore up its capital base.
-The bank will divest its entire stake in the mutual fund company in single or multiple tranches for realization of gain on investment. It's current valuation stands at Rs 1,329 crore.
-The timeline for making the divestment is yet to be finalized, the bank said.
Exports could slow down given global recession, uncertainties: Piyush Goyal

-Minister of Commerce and Industry Piyush Goyal on November 24 cautioned that India's exports could slow down given global recession, uncertainties. He added that the country was just emerging out of the shadows of Covid-19 and the Russia-Ukraine war.

-Speaking at an event organised by Times Now, Goyal said services exports have potential and are growing. 

-He also spoke on rupee saying that the rupee has fallen against dollar but appreciated against various other currencies. 

– Oil imports have pushed up trade deficit, Goyal added.
– On UK-India trade deal, Goyal stated, "Free trade agreements are not signed in a hurry." There is no question of renegotiation of UK trade pace, negotiation is not over yet.

PM Modi, US President Joe Biden met at G20 Summit: MEA amid incorrect social media posts
Prime Minister Narendra Modi met US President Joe Biden on various occasions at G20 Bali Summit- this included a brief bilateral and a trilateral meeting at the summit. Appeal to all not to lend credence to incorrect social media posts on PM Modi-President Biden meet, said MEA spokesperson Arindam Bagchi.

G Rengarajan resigns as CFO of BAL Pharma

-BAL Pharma on November 24 informed the stock exchanges that the firm's chief financial officer (CFO) G Rengarajan has resigned from the position, citing health issues and personal commitments. 
-"With reference to the above, the Company has received the letter of resignation from Mr.G.Renagarajan , CFO of the Company citing health issues and personal commitments. Mr. G.Rengarajan ceases to be the CFO of the Company from the closure of business hours on 24.11.2022," the company said in a regulatory filing. 
-Meanwhile, shares of BAL Pharma on Thursday ended 0.63 percent higher at Rs 88 apiece on BSE.

Delhi govt grants license to 200 restaurants and eateries for open-air dining 
About 200 restaurants and eateries across Delhi have been granted licenses to operate and open spaces attached to them. Of the licenses granted so far, 155 are for open-space dining and the remaining 45 are for terrace dining, said Municipal Corporation of Delhi (MCD) officials. (ANI)

Turkey cuts interest rate by 150 basis points
The Central Bank of the Republic of Turkey on November 24 cut its policy rate by 150 basis points, to 9%, despite soaring inflation.
Verify Aadhaar before accepting it as proof of identity: UIDAI to states ##Verify Aadhaar before accepting it as proof of identity: UIDAI to states 

-In order to check any misuse of an individual's Aadhaar card details, the Unique Identification Authority of India (UIDAI) on November 24 directed state governments to verify the Aadhaar card before usage.
-The statutory body has also urged the states to give necessary direction so that whenever Aadhaar is submitted as a proof of identity – authentication/verification of the resident is performed by the concerned entity using Aadhaar as an identity document.
UIDAI has also issued circulars addressing requesting entities, authorized to do authentication/verification, and other entities emphasizing the necessity of verification, and specifying the protocol to be followed.

-Any Aadhaar can be verified using the QR code available on all forms of Aadhaar (Aadhaar letter, e-Aadhaar, Aadhaar PVC card, and m-Aadhaar) using mAadhaar App, or Aadhaar QR code Scanner. The QR code scanner is freely available for both Android and iOS based mobile phones, as well as window-based applications.
 
Mangaluru auto-rickshaw blast: Karnataka Home Minister Araga Jnanendra hands over Rs 50,000 personally to the family of the victim
Karnataka Home Minister Araga Jnanendra hands over Rs 50,000 personally to the family of Mangaluru blast victim auto-rickshaw driver, Purshottam Pujari pic.twitter.com/ajlYqqxTmA

PVR expands its presence in Kerala

The Gurgaon-based Indian multiplex chain has opened 12 screen superlex in Thiruvananthapuram, Kerala

Congress terms as 'corruption' Left govt decision to hike sales taxes on liquor

-The Congress in Kerala on November 24 termed the Left government's decision to hike sales tax on Indian Made Foreign Liquor (IMFL) and forgo the five per cent Turnover Tax (ToT) levied on distilleries as "corruption" and said it could lead to increase in drug use.

-The criticism comes a day after the state cabinet approved a four percent increase in the general sales tax on IMFL.
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