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BusinessPhoto: Firstpost

SEBI Proposes Scrapping LTCG Tax for Foreign Investors

India's market regulator SEBI has proposed removing the long-term capital gains (LTCG) tax on foreign investors to attract more overseas funds and boost domestic equities. The recommendation is part of pre-Budget proposals ahead of the 2027 Union Budget but is not binding on the government. SEBI also suggested LTCG tax relief for domestic mutual fund investors switching schemes after holding units for over a year. This comes amid a $31 billion foreign investor sell-off and underperformance of Indian equities compared to other emerging markets.

Firstpost·

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WorldPhoto: The Hindu

Nagarkurnool Issues Safety Guidelines Ahead of Cyclone Murasu

Nagarkurnool 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

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BusinessPhoto: NDTV Business

Q2 Earnings Show Strongest Growth in 12 Quarters Led by BFSI and Metals: Motilal...

Corporate 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·

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PoliticsPhoto: News18Hi Entertainment

Nora Fatehi Absent Again in Sukesh Chandrashekhar Case, Court Warns Her

In 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·

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PoliticsPhoto: NDTV World

Trump Says He Will Become 'Mr Veto' If Democrats Win Midterms

Days 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·

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WorldPhoto: Firstpost

Six Indian Tourists Airlifted from Snowbound Nepal's Dolpa

Six 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·

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