In a sign of further escalation of tensions between New Delhi and Ottawa, India has told Canada to withdraw 41 of its diplomats from the country by October 10, The Financial Times (FT) reported on Tuesday.

India has told Canada that if any of these diplomats stay after October 10, their diplomatic immunity will be revoked. Earlier, New Delhi had said it wanted "parity" in the number and grade of diplomats between India and Canada. Notably, Ottawa has many more diplomats in New Delhi than India has in Canada.

Prime Minister Narendra Modi, addressing a rally in Chittorgarh, criticised Rajasthan's Ashok Gehlot-led Congress government, highlighting concerns about corruption and women's safety. He expressed pain over the high crime rates in the state, particularly crimes against women, riots, and atrocities against Dalits and backward classes. The Prime Minister stated that the Congress has made these issues a tradition in Rajasthan. He also added that they would take action against the "corruption" of the Congress-led state government once the Bharatiya Janata Party (BJP) wins the upcoming state assembly elections in Rajasthan.

Shares of Anil Agarwal-promoted Vedanta were up 4 per cent at Rs 232.25 on Tuesday's intra-day trade after the company on Friday after market hours announced its plan to demerge its existing business verticals into six independent 'pure play' companies. This move aims to unlock stakeholder value, attract strategic investment, improve competencies, and ensure transparency. In the past two trading days, the stock rallied 12 per cent.

Meanwhile, the stock of Vedanta had hit a 52-week low of Rs 207.85 on Thursday, September 28. Despite a two-day gain, Vedanta has underperformed the market by falling 28 per cent, as compared to 7.6 per cent rise in the S&P BSE Sensex.

India's Consul General in Ho Chi Minh City, Vietnam, Madan Mohan Sethi highlighted the cordial and friendly relationship between India and Vietnam, emphasizing their historical ties through civilization that spans over 2,000 years.

"More than 400 Indian companies, small and big have invested in Vietnam for a cumulative value of more than $ 1 billion," he said.

JSW Infrastructure made a strong market debut Tuesday with its shares listing at Rs 143 on the NSE, a 20 per cent premium over the issue price of Rs 119.

Post listing, the stock moved higher to Rs 157, quoting 32 per cent above its issue price on the NSE. A combined 63 million equity shares changed hands on the NSE and BSE, till 10:03 am.

The malaria vaccine developed by the University of Oxford and the Serum Institute of India, leveraging Novavax’s adjuvant, has now been recommended for use by the World Health Organization’s Strategic Advisory Group of Experts and the Malaria Policy Advisory Group, paving the way for a global roll-out soon.

Around half a million people die from malaria every year across the world.

Adani Ports and Special Economic Zone (APSEZ) registered a 26 per cent year-on-year (y-o-y) growth in September in its total cargo volumes to 32.8 million metric tonnes (MMT). In a press release, the company said that growth was recorded across all cargo segments, including containers (20 per cent), dry bulk (32 per cent), and liquid & gas (21 per cent).

The company's logistics volumes continue to register significant growth with half-yearly rail volumes of 279,177 TEUs (20 per cent) and general purpose wagon investment scheme (GPWIS) volumes of 8.92 MMT (42 per cent).

From October 1, banks will provide customers the option to choose from multiple card networks like Visa, MasterCard, and Rupay for their debit, credit, and prepaid cards.

On July 5, the Reserve Bank of India (RBI) had released a draft circular on changing the arrangements between card networks and banks and non-bank entities authorised to issue cards.

State-run Indian Oil Corporation (IOCL) on Friday approved two joint ventures with private sector players for setting up compressed biogas (CBG) plants. The announcement is expected to provide a fillip to the Centre's plans to establish 5,000 commercial CBG plants by 2024-25 under the Sustainable Alternative Towards Affordable Transport (SATAT) scheme.

In a regulatory filing, the company said its board of directors has given the nod to environmental and sustainable solutions provider EverEnviro Resource Management Pvt Ltd and clean fuel technology company GPS Renewables Pvt Ltd.

Jalan Kalrock Consortium (JKC), the winning bidder for the revival of grounded carrier Jet Airways, on Friday said it has infused an additional Rs 100 crore in the airline as per the court-approved resolution plan.

The consortium has “fulfilled” its total financial commitment of Rs 350 crore to revive the airline, which would pave the way for it to take over the ownership of Jet Airways, JKC said in a statement.

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