Brazilian President Luiz Inacio Lula Da Silva arrives for the G20 Summit, at Palam Airforce Airport, in New Delhi on Friday.

While addressing a press conference in New Delhi, Lula emphasised that Brazil will continue to improve ethanol production

PM Modi

PM Modi proposed a virtual G20 Session in November before the Presidency officially goes to Brazil

Last week, Lula told reporters that security force members were complicit in letting a mob of supporters of far-right former leader Bolsonaro storm the main buildings

pro-Bolsonaro rioters, Brazil, Brazil riots

Executive secretary of the Brazilian Justice Minister vowed to punish all those involved in breaching the government buildings

Amit Shah

Catch all the live updates from around the world here

Lula da Silva

On the campaign trail, Luiz Incio Lula da Silva promised to sustain a massive welfare programme, increase the minimum wage and boost health and education spending. Now, Brazil's president-elect is trying to make good on those pledges -- and investors are showing concern.
Da Silva's transition team on Wednesday night presented Congress with an outline of a proposal to skirt a constitutionally imposed spending cap by creating a carve-out for welfare. Then, at the climate talks in Egypt on Thursday, he reiterated that he pays little heed to whether his plans to lead a socially responsible government might cause jittery speculators to sell off.
When trading opened on Thursday, Brazil's currency slid to its weakest level against the dollar since July and the benchmark Bovespa stock index fell more than 2.5 per cent, before trimming losses hours later. Traders have begun pricing in interest-rate hikes next year rather than cuts, as da Silva's proposal "confirmed (fiscal) risk that before .

Brazil president Luiz Inacio Lula da Silva

US President Joe Biden on Sunday congratulated Luiz Incio Lula da Silva on his election to be the next president of Brazil.
I send my congratulations to Luiz Incio Lula da Silva on his election to be the next president of Brazil following free, fair, and credible elections, Biden said in a statement.
I look forward to working together to continue the cooperation between our two countries in the months and years ahead, he said.

Brazil's electoral authority said Sunday that Luiz Incio Lula da Silva of the leftist Worker's Party defeated incumbent Jair Bolsonaro to become the country's next president.
With 98.8 per cent of the votes tallied in the runoff vote, da Silva had 50.8 per cent and Bolsonaro 49.2 per cent, and the election authority said da Silva's victory was a mathematical certainty.
Da Silva  the country's former president from 2003-2010  has promised to restore the country's more prosperous past, yet faces faces headwinds in a polarised society.
It is a stunning return to power for da Silva, 77, whose 2018 imprisonment over a corruption scandal sidelined him from that year's election, paving the way for then-candidate Bolsonaro's win and four years of far-right politics.
His victory marks the first time since Brazil's 1985 return to democracy that the sitting president has failed to win reelection. His inauguration is scheduled to take place on January 1.
Thomas Traumann, an independent politi

Brazil President election

Lula unexpectedly lost the overall state of Sao Paulo to Jair Bolsonaro by almost seven percentage points, a defeat that has Lula's team scrambling to shore up support before the Oct. 30 showdown

Chart

A sharp left-right dichotomy is a common way to think about the stakes in the runoff poll on Oct. 30. Still, as with the candidates' economic platforms, their forest policies have a lot more in common

Brazilian flag

Most polls have shown Lula with a solid lead for months, but Bolsonaro has signaled he may refuse to accept defeat, stoking fears of institutional crisis or post-election violence

Brazilian ex-president Lula da Silva

Lula was found guilty last year of taking a luxury apartment as a bribe from a construction company

Not thinking about an IPO as of now, says chairman

Dr Krishna Ella

Higher discounts on Russian oil this month may help Indian refiners reduce crude sourcing costs and trim fuel marketing losses even as Brent crude crosses $95/barrel, weakening the country's finances

oil refinery, crude oil, oil

India's rage is misplaced and hardly serves to endear the country to those appalled by the idea that it may have had a Canadian citizen killed

India Canada

Electronics & IT Minister says India can emerge as a global leader in this category

Ashwini Vaishnaw

NABARD to issue social sector bonds on Tuesday

Bonds, Govt bond

EBITDA margins would be in the range of 16 -20 per cent for the FY24, mainly driven by growth in the formulation biz and with the introduction of reverse engineering APIs launched in the last fiscal.

pharma, pharma firm, medicines

Market experts are projecting approximately $30 billion in inflows into the government bond market following India's inclusion in the index

rupee, indian rupee, indian currency

Promoted by family of the late investor Rakesh Jhunjhunwala, Akasa is planning to add more aircraft to its fleet and take it to 28 by March 2024 and add 10-12 planes every year for the next few years

Akasa Air

Earlier this month, the Supreme Court had asked Delhi police not to issue temporary licences for the sale of firecrackers in the capital city

firecrackers, crackers, Diwali

Domestic tourism is booming, helping hospitality groups to beat pandemic downturn

Indian Hotels Company

The Enforcement Directorate (ED) on Monday conducted raids at several locations linked to former members of the banned Islamist outfit Popular Front of India (PFI) across the state.
Searches are underway at various places in Ernakulam, Thrissur, Malappuram and Wayanad districts of the state, police said.
The houses of former PFI leaders Abdul Samad and Latheef were also searched in Wayanad and Thrissur districts, they said.
According to sources, the raids were launched to ascertain the alleged source of funding for the banned outfit.
The central government had on September 28, 2022 declared the PFI as an 'unlawful association' under UAPA and imposed a ban on it for five years.

Money laundering, scam, fraud

Tamil Nadu Chief Minister M K Stalin on Saturday announced that his government would accord full state honours to the funeral of organ donors from the state.
A decision to this effect was taken to honour the sacrifices made by those declared brain dead and their family members who come forward to donate the organs thereby saving several lives.
"Tamil Nadu is leading the country in organ donation and this has only been made achievable because of those families who come forward to donate the organs of those who have been declared brain dead," the DMK chief said in a social media post.
"It has been decided to accord state government honors henceforth during the performance of last rites to those individuals who are declared brain dead and their organs have been donated to others," he added.
Hailing the announcement, Pattali Makkal Katchi (PMK) chief Anbumani Ramadoss said there would not be any other honor than this, as it respects the selfless sacrifices made by those who were declar

MK Stalin

PM Modi will engage in discussions and dialogues with these academic leaders, underlining the importance of higher education in India's growth and development

The Punjab Vigilance Bureau has registered a case against former state finance minister Manpreet Singh Badal and five others in connection with alleged irregularities in the purchase of a property in Bathinda, a top official said on Monday.
Apart from Badal, who is now a BJP leader, and former Bathinda municipal corporation commissioner Bikramjit Shergill, the other four booked in the case on Sunday night have been identified as Rajiv Kumar, Amandeep Singh, Vikas Arora and Pankaj, the official said.
Rajiv Kumar and Amandeep Singh have been arrested, the officer added.
The bureau had launched an investigation into the matter based on former MLA Sarup Chand Singla's 2021 complaint alleging irregularities in the purchase of the property at a prime location in Bathinda.
BJP leader Singla, who was earlier with the Shiromani Akali Dal, had alleged that Badal, as a minister in the previous Congress dispensation, had abused his position to convert commercial plots into a residential plot f

arrest

The Defence Minister will also formally induct the C-295 transport aircraft into the Indian Air Force in the presence of top military officials, including IAF chief Air Chief Marshal VR Chaudhari

Luiz Inacio Lula da Silva

Happiest decision for Brazil: President Lula on Global Biofuels Alliance

G20 Summit concludes in New Delhi, to be held in Brazil next year

Brazil Prez sacks 40 guards for riots, expresses distrust in military

Brazil admn clear govt offices of protesters, at least 170 arrested

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Lula da Silva's efforts to boost spending in Brazil rattles markets

Biden congratulates Lula da Silva on becoming Brazil's president again

Lula da Silva defeats Bolsonaro to become Brazil's president again

Lula losing Brazil's biggest state forces urgent campaign kick start

Why even a leftist govt under Lula may not restore Brazil's forests

Lula leads polls as Brazil votes in tense presidential contest

Lula turns himself in to Brazil police; begins serving 12-year sentence