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Chequered Flag Nov. 18: Headlines At A Glance

Today's top stories, including State Bank of India and domestic air travel milestone

Benchmark Indices End Lower

The NSE Nifty 50 and BSE Sensex extended their fall for another session on Monday. The Nifty marked its longest losing streak -- eight sessions -- since Feb 28, 2023 and Sensex recorded a fourth session of decline.

Photo Credit: NSE building in Mumbai. (Photo: Vijay Sartape/NDTV Profit)

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Cut In APM Gas Allocation To City Gas Companies Driven By Falling Output

The reduction in gas allocation to city gas distribution companies under the administered price mechanism, or APM is driven by a decline in output from legacy fields.

Photo Credit: Mahanagar Gas Ltd. outlet in Mumbai (Source: Sagar Salvi/NDTV Profit)

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NSEL Scam: Supreme Court Warns 63 Moons, Sets Investor Settlement Deadline

The Supreme Court has issued a final warning to 63 Moons Technologies Ltd. on Monday to settle with the 13,000 investors that were duped in a Rs 5,600-crore scam in 2013.

Photo Credit: The Supreme Court of India. (Source: Official website)

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Impulse Buying Fuels Quick Commerce, Hurting Kirana Stores: Report

Nearly 46% of consumers have cut back on spending at Kirana shops as they shift to quick commerce platforms for their grocery needs, according to a report by Datum Intelligence.

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Domestic Air Passenger Traffic Sets Single-Day Record

Domestic air travel hit a milestone on Nov. 17, with airlines flying over 5 lakh passengers across 3,173 flights in a single day amid festive and wedding season demand.

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SBI Raises Rs 10,000 Crore Via 15-Year Bond At 7.23%

The State Bank of India has raised Rs 10,000 crore through the issue of infrastructure bonds maturing in 15 years at a coupon of 7.23%.

Photo Credit: Vijay Sartape/ NDTV Profit

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India Tops US International Student Enrollments

Indian students became the largest group of international students in the US, with 331,602 enrollments in 2023-2024, a 23% surge. Total foreign student numbers rose 7% to over 1.1 million, setting a new pre-pandemic high.

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