Prime Minister Narendra Modi has left New Delhi to attend the G20 Summit to be held in Rome on Friday.

Prime Minister Modi will pay tribute to Mahatma Gandhi on his first day of arrival in Rome. He will also call on Pope Francis in the Vatican during his two-day visit.

The Prime Minister will be visiting Rome and the Vatican City from October 29 to 31 on the invitation of Italian Prime Minister Mario Draghi.

President Ram Nath Kovind will inaugurate a housing scheme for economically weaker sections (EWS) at Bhavnagar today.

The President will also visit Shree Chitrakutdham Ashram today.

A press release issued by the President's secretariat on Wednesday said, The President of India, Shri Ram Nath Kovind will visit Gujarat from October 28 to 30, 2021.

The Delhi Police on Thursday night started removing roadblocks placed at the Tikri border point where farmers have been protesting against the Centre's three farm laws, with sources indicating that one carriageway of the road will open in the coming days.

The move comes days after a Supreme Court hearing that saw farmer unions arguing that the police were responsible for the blockade at the Delhi borders.

The daily COVID-19 count in West Bengal on Thursday maintained an upward trend that began since Durga Puja celebrations with the metropolis and its neighbouring districts recording bulk of the cases, according to state Health department data.

As many as nine people died during the day, taking the coronavirus death toll in the state to 19,105, the West Bengal health bulletin said.

Shares of CarTrade Tech dropped 7 per cent and registered a new low at Rs 1,153 on the BSE in Friday’s intra-day trade after the company reported a net loss for the second straight quarter of current fiscal. CarTrade Tech operates online platforms for buying and selling of vehicles. This is the first quarterly results announcement by the company which recently concluded its initial public offer (IPO).

The stock was quoting at its lowest level since its listing on Friday, August 20, 2021. With today’s fall, the market price of CarTrade Tech has declined 29 per cent from its issue price of Rs 1,618 per share.

Shares of RBL Bank plunged 15 per cent to Rs 172.10 on the BSE in Friday’s intra-day trade after the private sector lender reported a disappointing set of numbers, with profit after tax (PAT) down as much as 95 per cent year-on-year (YoY) at Rs 31 crore in September quarter (Q2FY22), due to higher provision and weak net interest income (NII). The bank had posted PAT of Rs 144 crore in Q2FY21 and a loss of Rs 459 crore in Q1FY22.

With today’s fall, the stock has corrected 37 per cent from its 52-week high level of Rs 274 touched on January 8, 2021. It had hit a 52-week low of Rs 155.65 on August 24, 2021.

Monday onwards, half the revenue that accrues to Indian Railway Catering and Tourism Corporation (IRCTC) through the convenience fee on train tickets will go to the Ministry of Railways. Officials in the know told Business Standard IRCTC’s management would meet on Friday to figure out a strategy to safeguard revenues.

According to IRCTC’s Annual Report, it earned Rs 299.13 crore from the convenience fee (also called service charge) during 2020-21.

Amazon.com Inc on Thursday reported a slump in profit that it expects will continue through the holiday quarter, as higher wages and spending to attract workers diminish the company's windfall from online shopping.

Shares fell 4% in after-hours trade.

After a year of blockbuster results, the world's largest online retailer is facing a tougher outlook.

Shares of ITC dipped 5 per cent to Rs 225.80 on the BSE in Thursday's intra-day trade after the cigarette-to-hotels major reported a 10.09 per cent increase in consolidated profit after tax (PAT) at Rs 3,765 crore in the September quarter of FY22 (Q2), led by a recovery across segments.

With today's fall, the market price of ITC has declined 15 per cent from its 52-week high level of Rs 265.30, touched on October 10, 2021. The S&P BSE Sensex was down 1.28 per cent at 60,363 points at 01:40 pm.

Samsung Electronics on Thursday reported strong third-quarter earnings on the continued robust performance of its key semiconductor business.

Its net profit rose 31.3 per cent from a year earlier to 12.29 trillion won ($10.5 billion) in the July-September period, the world's largest memory chip and smartphone vendor said in a regulatory filing.

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