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BusinessPhoto: Business Standard

Bernstein Cuts Nifty Target to 25,000, LTCG Tax Cut Insufficient for FPIs

Bernstein lowered its December 2026 Nifty 50 target from 26,000 to 25,000 due to worsening macroeconomic conditions, ongoing crude oil and supply-chain issues, and lack of earnings upgrades. It stated that a long-term capital gains tax cut alone won't sustain foreign institutional investor inflows. The revised target suggests an 8.1% upside, but a further 4-5% rally could push valuations beyond comfort levels at 18.2 times forward earnings.

Business Standard·

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HealthPhoto: HT Health

Breast Cancer Awareness: Male Breast Cancer Facts and Signs

Breast cancer is commonly seen as a women's disease, but men can also develop it, though rarely. Male breast cancer is often diagnosed late due to low awareness and social stigma. Men may ignore symptoms like chest lumps, nipple discharge, or skin changes. Early recognition and medical consultation are crucial for better treatment outcomes, says Dr. Pragati Singhal from Narayana RN Tagore Hospital, Kolkata.

HT Health··Kolkata

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WorldPhoto: Firstpost World

Over 12 Migrants Die in Aegean Sea Incidents Near Lesbos and Samos

Twelve migrants died in two separate incidents in the Aegean Sea on Monday. Six migrants died after their speedboat collided with a police patrol vessel off the coast of Lesbos. Another six migrants died when a small boat capsized near Samos, according to Greek authorities.

Firstpost World·

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WorldPhoto: Hindu World

World Food Programme to End Aid for 500,000 in Gaza Due to Funding Shortfall

The UN's World Food Programme announced it will stop monthly food assistance to 500,000 people in Gaza starting this month due to a lack of funding. Shaun Hughes, WFP country director, highlighted the severe funding gap despite ongoing acute needs in the region. The announcement comes amid widespread destruction in Gaza since October 2023.

Hindu World··Beit Hanina

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PoliticsPhoto: Mint

Delhi National Lok Adalat on Oct 25 to Settle Pending Traffic Challans

The National Lok Adalat will be held in Delhi on October 25, allowing residents to settle pending traffic challans and other compoundable civil and criminal cases. Settlements can be made from 10:00 AM to 4:00 PM at venues including Delhi High Court, district courts, and Permanent Lok Adalats. Cases include cheque dishonour, money recovery, motor accident claims, labor disputes, and utility bill issues. Seven court complexes will handle traffic challans, with a daily limit of 50,000 challans processed.

Mint··Delhi

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BusinessPhoto: News18 Business

Jio Platforms IPO Anchor Book Receives 30x Demand, Rs 2.5 Lakh Crore Bids

Jio Platforms' IPO anchor book attracted bids worth Rs 2.5 lakh crore, nearly 30 times its Rs 8,110 crore size, showing strong institutional interest. The anchor bidding opened on October 19, ahead of the public issue on October 21. Major global investors like BlackRock, Fidelity, and GIC participated, signaling high demand for Jio's telecom and digital services listing.

News18 Business·

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