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BusinessPhoto: NDTV Business

IDFC First Bank Q2 Review: Motilal Oswal Cuts Target Price Despite Steady Results

IDFC First Bank reported steady Q2 performance with healthy operating results and strong business growth. Net interest margins fell 32 basis points quarter-on-quarter to 5.6% from 5.9% in Q1, but management expects recovery to 5.8% by Q4 FY27 due to repo rate hikes and surplus liquidity deployment. Deposit growth was driven by FCNR(B) mobilisation, and loan growth excluding FCNR(B) loans rose 22% year-on-year across retail and wholesale segments. Motilal Oswal trimmed the target price despite these inline numbers.

NDTV Business·

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PoliticsPhoto: News18

AIMIM Chief Owaisi Criticizes SP's Muslim Representation in UP

Ahead of the 2027 Uttar Pradesh Assembly elections, AIMIM chief Asaduddin Owaisi criticized Samajwadi Party president Akhilesh Yadav for allegedly concentrating political opportunities within the Yadav family and failing to provide adequate representation to Muslim leaders in key constituencies. Speaking at a rally in Kairana, Owaisi suggested the party should rename itself "Samajwadi Yadav Parivar."

News18··Kairana

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PoliticsPhoto: The Hindu

Supreme Court Allows Ex-Minister’s Son Home for Deepavali in Lakhimpur Kheri Case

The Supreme Court allowed the son of a former Union Minister, accused in the Lakhimpur Kheri killings case, to visit home for Deepavali. The trial judge handling the case has been transferred following allegations raised by victims. The Chief Justice of India Surya Kant directed the Allahabad High Court to investigate these allegations. An FIR was also registered against Ashish Mishra and others for allegedly threatening a witness.

The Hindu··New Delhi

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PoliticsPhoto: TOI World

Shashi Tharoor Praises Lula's Re-election as Brazil President

Congress MP Shashi Tharoor welcomed Luiz Inácio Lula da Silva’s re-election as Brazil’s president, highlighting Lula’s focus on social inclusion, economic justice, and poverty reduction. Tharoor noted the election as a sign of Brazil’s democratic resilience amid rising right-wing movements in Latin America. Both campaigns raised disputes over the voting process before results were announced.

TOI World·

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BusinessPhoto: News18 Tech

Meta Launches Class C Shares to Protect Zuckerberg's Voting Control

Meta Platforms has introduced a new Class C share category to enhance fundraising, employee compensation, and acquisitions without diluting CEO Mark Zuckerberg's control. Existing Class A and B shareholders will receive one non-voting Class C share per share owned. Zuckerberg retains about 60.6% voting power despite owning 13.4% economic stake. This move supports Meta's AI investments and reduces reliance on share buybacks.

News18 Tech·

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WorldPhoto: TOI World

Indian Woman in Ireland Uses Deportation Notice in Comedy

Jaishree Malik, an Indian woman who moved to Ireland in 2022 to study at Trinity College Dublin, lost her job due to visa extension delays that prevented her from working. Despite new job offers, she couldn't resolve her visa issues and now plans to return to India voluntarily on November 14. She incorporates her deportation notice into her stand-up comedy acts.

TOI World··Dublin

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