US govt ends shutdown, EOW clears former IndusInd Bank execs, Sassoon Dock faces eviction threat, and more

President Trump signs government funding bill, ending shutdown after a record 43-day disruption for country

President Donald Trump signed a government funding bill Wednesday (November 12) night, ending

a record 43-day shutdown that caused financial stress for federal workers who went without paychecks, stranded scores of travelers at airports and generated long lines at some food banks.

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IndusInd Bank case: EOW finds no evidence of criminal conduct by former executives, likely to close probe soon

The Mumbai Police Economic Offences Wing (EOW) has found no evidence of any criminal conduct by former executives of IndusInd Bank in connection with the ₹1,950 crore and ₹258 crore accounting discrepancies that were under scrutiny. EOW sources told CNBC-TV18 that the investigation so far has revealed that the initial ₹1,950 crore figure, which triggered a sharp fall in the bank’s stock earlier this year, was a genuine accounting error and not a case of fund diversion or manipulation.

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Four founders of Groww add over $500 million to their wealth

The stellar market debut of Billionbrains Garage Ventures Ltd., the parent company of India’s top discount broker Groww, added more than $500 million to the collective wealth of its four founders on the very first day of trading.

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Delhi blast: DNA test confirms Dr Umar Un Nabi carried out Red Fort explosion

The DNA test of samples collected from the Red Fort blast site has confirmed that Dr Umar Un Nabi carried out blast in Delhi on November 10. DNA samples of Dr Nabi, whose leg was stuck between the steering wheel and accelerator, matched with his mother, news agency ANI reported.

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Pakistan parliament approves more powers for army chief Asim Munir, curbs top court

Pakistan's parliament approved a constitutional amendment on Wednesday to expand the powers of the army chief and curb the remit of its Supreme Court, a move that critics said had done irreparable harm to the country's democracy.

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Asian Paints share up 10% in two sessions; HSBC, Jefferies raise price targets

Shares of Asian Paints Ltd., India's largest paints manufacturer, are up another 3.5% on Thursday, November 13, extending their gains to 10% in the last two sessions. Brokerages such as Jefferies and HSBC have revised their price target higher on Asian Paints after it reported strong results for the September quarter.

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Mumbai Port Trust’s eviction drive threatens 10 lakh livelihoods at Sassoon Dock

Seafood traders at Mumbai’s historic Sassoon Dock are facing one of their toughest battles yet. The Mumbai Port Trust (MPT) has initiated eviction proceedings against around 15 godown tenants over non-payment of rent — a move that traders say could endanger the livelihoods of thousands of families dependent on the seafood trade.

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Honasa Consumer shares gain up to 8% after strong Q2 results but remain below IPO price

Shares of Honasa Consumer Ltd., parent company of beauty and skincare brand MamaEarth gained as much as 8% on Thursday, November 13, after the company's earnings report took a positive turn to net profit in the September quarter from net loss in the same quarter last year.

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India clarifies pension, gratuity rules for compulsory retirement: What employees should know

The government has issued an office memorandum detailing the pension and service gratuity entitlements for central government employees in the event of compulsory retirement. It said that the final pension or gratuity amount is subject to the sanction of the competent authority, making early consultation with pension authorities advisable.

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Lal Quila Metro Station to remain closed till further notice, says DMRC

The Lal Quila Metro Station will remain closed till further notice due to security reasons, the Delhi Metro Rail Corporation (DMRC) said on Thursday (November 13). The (DMRC) said all other stations are functional as normal.

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Delhi chokes under 'severe' air quality, AQI at 409

The air quality in Delhi continues be in the 'severe' category as a dense layer of toxic smog engulfed the national capital. On Thursday (November 13) morning, Air Quality Early Warning System (EWS) pegged the the Air Quality Index (AQI) at 409.

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