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BusinessPhoto: Mint MarketsReliance Industries Ltd faces investor uncertainty after Q2FY27 results, balancing strong oil-to-chemicals (O2C) earnings against weak retail profitability. The O2C segment's current abnormal profits raise concerns about sustainability. The company plans to shift its growth focus from O2C to new energy by fiscal year 2028, signaling a strategic pivot in its business model.
Mint Markets·
WorldPhoto: The HinduNagarkurnool district administration in Telangana issued safety do’s and don’ts due to Cyclone Murasu, which intensified into a severe cyclonic storm over the Bay of Bengal on November 2, 2026. Residents were advised to avoid travel to risky areas like Somasila and Nallamalla ghat road, stay away from trees, electric poles, and overflowing water bodies. Heavy rains, strong winds, and lightning were forecasted. A helpline number was provided for assistance.
The Hindu··Nagarkurnool
BusinessPhoto: NDTV BusinessCorporate earnings in Q2 FY27 have shown the strongest growth in 12 quarters, with sales, EBITDA, and PAT rising 26%, 24%, and 33% year-on-year respectively, surpassing estimates. This broad-based recovery is driven mainly by BFSI, metals, and oil and gas sectors, which contributed 78% to the incremental earnings growth, despite global uncertainties and commodity cost pressures.
NDTV Business·
PoliticsPhoto: News18Hi EntertainmentIn the Sukesh Chandrashekhar fraud case, Nora Fatehi was scheduled to appear as a prosecution witness but failed to attend despite multiple notices. Her lawyer requested exemption from appearing, leading the judge to reprimand her. The next hearing is set for November 6.
News18Hi Entertainment·
PoliticsPhoto: NDTV WorldDays before the US midterm elections, President Donald Trump stated he would become 'Mr Veto' if Democrats take control of Congress. Democrats need to gain four seats in both the House and Senate to overturn Republican majorities. Trump said he would veto bills sent by Democrats but might eventually negotiate deals. He has vetoed 12 bills during his presidency so far.
NDTV World·
WorldPhoto: FirstpostSix Indian tourists stranded by snow in Nepal's Shey-Phoksundo National Park were airlifted to safety by a private helicopter on Monday. They had been out of contact since November 1 but are now reported to be out of danger, according to police.
Firstpost·
Mint Markets·
Photo: Mint MarketsReliance Industries Ltd faces investor uncertainty after Q2FY27 results, balancing strong oil-to-chemicals (O2C) earnings against weak retail profitability. The O2C segment's current abnormal profits raise concerns about sustainability. The company plans to shift its growth focus from O2C to new energy by fiscal year 2028, signaling a strategic pivot in its business model.
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