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The Pradhan Mantri Samajik Sahayata Yojana (PMSSY) has been extended until 2031, increasing coverage to 3.20 crore beneficiaries. Key changes include revised disability pension eligibility and increased monthly assistance under the Pradhan Mantri Divyangjan Pension Yojana.
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The US Federal Reserve's FOMC kept interest rates steady at 3.75-4% due to ongoing inflation concerns and elevated global uncertainty. This decision supports economic stability while monitoring risks.
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Tamil Nadu government raises monthly food allowance for school and college students in hostels run by welfare departments to ensure nutritious meals amid rising prices. The allowance for school students increased from Rs 1,400 to Rs 1,800 and for college students from Rs 1,500 to Rs 2,000.
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The Uttar Pradesh Education Services Selection Commission (UPESSC) has extended the application deadline for the Assistant Teacher recruitment 2026 to November 4. Candidates with B.El.Ed and RCI-approved diplomas are now eligible. The written exam is scheduled for December 3 and 4, 2026.
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Jamia Millia Islamia has extended online classes until November 24, 2026, and will conduct odd semester exams virtually due to ongoing student protests demanding Students’ Union elections. The university cites safety concerns and campus unrest for these changes.
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US stock markets showed little change ahead of the Federal Reserve's monetary policy decision, with the Dow Jones, NASDAQ 100, and S&P 500 trading flat. SK Hynix soared 10% after strong quarterly results, boosting semiconductor stocks amid steady economic activity and rising inflation concerns.
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The Students Federation of India (SFI) protested at Presidency University against alleged attacks by RSS-linked groups on educational institutions, including SRFTI and Jadavpur University, highlighting concerns over campus safety and democratic rights.
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India's industrial production increased by 6.7% in September 2026, driven by strong manufacturing and electricity output. The Index of Industrial Production (IIP) reached 124.3, showing growth despite a slowdown from August's 8%.
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Bandhan Bank's Q2 FY27 net profit surged fivefold year-on-year to ₹622 crore, with net interest income rising 14% and net interest margin improving to 6.1%. Asset quality also improved, showing lower non-performing assets.
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Former Kerala PSC Deputy Secretary P Satheesh was arrested by the Crime Branch for alleged exam irregularities. Investigations continue into complaints about PSC exams, interviews, and evaluations.
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PNB Housing Finance reported a 6% year-on-year increase in net profit to ₹617 crore in Q2 FY27. The company saw a 15% rise in net interest income and a 60% surge in total disbursements, with improved asset quality and strong retail growth.
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IIM Indore will release the CAT Admit Card 2026 on November 4. Candidates can download their hall tickets from the official website using login credentials. The CAT exam is scheduled for November 29, 2026, in three sessions. Learn about exam timings, download steps, required documents, and exam pattern here.
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US stock futures show mixed signals on October 28 as investors await the Federal Reserve's policy announcement. Tech and chip stocks gain momentum while oil prices rise amid geopolitical concerns. Asian markets mostly rise, but India's Sensex falls due to selling pressure and higher oil costs.
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A student at Chandigarh University was stabbed four times by his roommate following a dispute over a ceiling fan. The injured student is receiving treatment, and police have registered an FIR. Campus unrest led to police deployment to maintain order.
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Meesho reported a narrowed net loss of ₹132 crore in Q2 FY27 and a 23% year-on-year growth in net merchandise value (NMV). The company improved its contribution margin to 6.0% of NMV, supported by logistics efficiencies and better platform monetisation, while expanding its user base and revenue.
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India’s 2026 monsoon brought 13% less rain, the weakest since 2015. This deficit has lowered crop yields, reduced rural incomes, caused food inflation, and led to power shortages. These effects are straining rural demand and energy output, with impacts expected to continue into 2027.
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IIM Calcutta completed 100% summer placements for its 63rd MBA batch with 475 students placed. The institute recorded its highest average monthly stipend of Rs 1.93 lakh. Top recruiters included McKinsey, BCG, Accenture, and Goldman Sachs across consulting, finance, and technology sectors.
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On October 28, the SENSEX fell by 352.64 points to 73,246.03, and the NIFTY50 dropped by 50.90 points to 22,698.85. Infosys and Reliance Industries shares declined over 3%, while Apollo Hospitals and Larsen & Toubro gained more than 3%.
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