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BusinessPhoto: Business Standard

Indian Consumer Firms Absorb Inflation Costs to Protect Buyers

India's major consumer companies, including Westlife Foodworld Ltd. (McDonald's operator), Devyani International Ltd. (KFC, Pizza Hut), Sapphire Foods, Asian Paints, and V-Mart Retail, are absorbing rising costs from inflation rather than raising prices. This cautious approach aims to protect financially stretched consumers amid a 5.54% inflation rate in September, driven by a 7.74% rise in food prices, which is squeezing corporate margins.

Business Standard·

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WorldPhoto: HT World

4-Year-Old Ezekiel Siutza Found Safe in Mesa; Turquoise Alert Canceled

A Turquoise Alert was issued on November 8 for 4-year-old Ezekiel Siutza, who went missing near Extension Road and 8th Avenue in Mesa. He was last seen at 3 pm with an unknown white female with red hair. About an hour later, authorities confirmed Ezekiel was found safe with family. The alert covered a five-mile radius around his last known location.

HT World··Mesa

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PoliticsPhoto: Aaj Tak

Rocket Passes Close to Minister Arjun Ram Meghwal During Diwali

In Bikaner, a rocket narrowly missed Union Law Minister Arjun Ram Meghwal while he was celebrating Diwali with BSF personnel. Meghwal was about to light a sky shot when another person ignited a rocket nearby, causing sparks to fall on the minister's clothes. Fortunately, he escaped without serious injury.

Aaj Tak··Bikaner

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PoliticsPhoto: TOI World

Ohio Court Rules Husband Keeps Premarital Home, Wife Pays $20,000

An Ohio court ruled that a husband retains ownership of his premarital home after divorce, dismissing the wife's claims of marital contributions from their joint bank account. The court ordered the wife to pay $20,000 in the husband's legal fees. The husband's rental income was considered sufficient to cover mortgage payments, emphasizing the importance of asset tracking in divorce cases.

TOI World··Ohio

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WorldPhoto: The Hindu

Fire in Katni building on Deepavali night kills six family members

A fire broke out around midnight on November 9 in a building in Barhi town, Katni, Madhya Pradesh. The fire spread rapidly due to highly flammable crockery materials stored on the lower floor. Despite efforts, the fire could not be controlled, resulting in the deaths of six family members, according to Katni Collector Ashish Tiwari.

The Hindu··Barhi

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SportsPhoto: NDTV Cricket

Gautam Gambhir and Coaching Staff to Split After 3rd ODI

Gautam Gambhir, head coach of Team India, and spin-bowling coach Sairaj Bahutule are expected to travel with the ODI squad to Mount Maunganui for the last two matches. However, reports indicate that the coaching staff will split after the third ODI, though exact arrangements are still being finalized.

NDTV Cricket··Mount Maunganui

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Indian Consumer Firms Absorb Inflation Costs to Protect Buyers · Insights