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BusinessPhoto: InshortsThe government plans to reduce its stake in four public sector banks to 75%, following the recent approval for Fairfax to acquire a 60.7% stake in IDBI Bank. The banks under consideration include Central Bank and UCO Bank, with the move seen as part of a broader disinvestment strategy or regulatory compliance. This step aims to encourage privatization and improve bank performance.
Inshorts·
PoliticsPhoto: Firstpost WorldRussia and Ukraine plan to resume US-brokered peace talks, with a new round possibly in Abu Dhabi mid-November. Despite hopes, major disagreements over territory and security guarantees persist. Fighting continues, but a limited humanitarian ceasefire was agreed to deliver aid to Oleshky in Ukraine's Kherson region. The talks followed secret consultations involving US First Lady Melania Trump and negotiators from both sides.
Firstpost World··Oleshky
PoliticsPhoto: Times of IndiaFrance has deployed approximately 70,000 police officers to manage weekend protests sparked by concerns over education funding and rising living costs. Authorities have restricted protest routes following earlier violence. Major museums and shops in Paris have temporarily closed to avoid chaos as demonstrators demand better education, higher salaries, and improved public services.
Times of India··Paris
PoliticsPhoto: The HinduBJP National President Nitin Nabin accused the Congress party of never following the Constitution and ruling the country according to its own wishes. Speaking at the BJP state executive committee meeting in Ranchi on October 24, 2026, he alleged Congress created anarchy and challenged constitutional institutions and democracy, citing examples like the Emergency and President's Rule in states.
The Hindu··Ranchi
PoliticsPhoto: Hindustan TimesKarnataka Chief Minister D K Shivakumar approved prosecuting senior IAS officer Gyanendra Kumar Gangwar for the alleged leak of the Karnataka Public Service Commission (KPSC) veterinary officer exam paper held on January 8-9. The leak occurred on January 7. Shivakumar emphasized zero tolerance for corruption and pledged to uphold transparency and integrity in public recruitment processes.
Hindustan Times·
The Telangana government expects El Niño effects to last nine months and plans a special employment scheme for workers lasting four months until May. The scheme, funded by both central and state resources, will use a monitoring app and focus on restoring agricultural access and water bodies. Chief Minister A Revanth Reddy urged farmers to grow dry crops due to drought conditions expected for 8-10 months.
Deccan Herald··Hyderabad
Inshorts·
Photo: InshortsThe government plans to reduce its stake in four public sector banks to 75%, following the recent approval for Fairfax to acquire a 60.7% stake in IDBI Bank. The banks under consideration include Central Bank and UCO Bank, with the move seen as part of a broader disinvestment strategy or regulatory compliance. This step aims to encourage privatization and improve bank performance.
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