Top Events on October 29: A Day of Business, Festivities, and Policy Updates
Get ready for a jam-packed Tuesday, October 29! Today’s events offer a diverse mix of business updates, cultural celebrations, and significant policy announcements, impacting various sectors in India.
Ayushman Bharat Expands Coverage to Senior Citizens
Prime Minister Narendra Modi is taking a major step towards ensuring healthcare access for the elderly. The Ayushman Bharat Pradhan Mantri Jan Arogya Yojna (AB-PMJAY), India’s flagship health insurance scheme, is being expanded to cover senior citizens aged 70 and above. Families already enrolled in the scheme will see their coverage extended to ₹5 lakh per year, providing financial security for essential medical needs. This initiative is expected to have a profound impact on the well-being of millions of senior citizens across the country.
Corporate Earnings Season Heats Up
Investors are bracing for a flurry of corporate earnings announcements today. Over 30 companies, including industry giants like Adani Ports, Edelweiss, and Cipla, are set to release their financial results for the July-September quarter of FY25. These results will offer valuable insights into the performance of various sectors and provide crucial indicators for the overall Indian economy. Be sure to keep an eye on the stock market as these results are likely to influence market sentiment.
Dhanteras: A Time for Prosperity and New Beginnings
Today also marks the auspicious occasion of Dhanteras, which signifies the beginning of the five-day Diwali festival. Dhanteras, also known as Dhanatrayodashi, holds immense cultural and religious significance in India. It’s a time for families to welcome prosperity, wealth, and new beginnings. Many people will be making auspicious purchases, including gold and silver, symbolizing good luck and prosperity.
Other Key Events
Here are a few more highlights of the day:
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Infosys Interim Dividend:
Tech giant Infosys has announced an interim dividend of ₹21 per equity share for eligible shareholders. The record date for this payout is set for today, October 29, with the actual disbursement scheduled for November 8, 2024.*
UPSC Aspirants’ Death Case Update:
The Delhi’s Rouse Avenue court will take cognizance of the chargesheet filed by the Central Bureau of Investigation (CBI) in connection with the tragic deaths of three UPSC aspirants who drowned in the basement of Rau’s IAS Study Circle in Old Rajinder Nagar, Delhi on July 27, 2024.*
Ayurveda Day Celebrated Globally:
Prime Minister Modi has declared October 29 as Ayurveda Day, to be celebrated across 150 countries. He is expected to unveil several projects worth ₹12,850 crore related to the health sector, highlighting India’s commitment to the ancient science of Ayurveda.*
New Indigo Flight Connects Nashik, Indore, and Jaipur:
Budget carrier Indigo is launching a new flight route connecting Nashik, Indore, and Jaipur. This service, starting today, will offer convenient travel options for passengers between these cities.*
Run for Unity in Delhi:
To commemorate Sardar Vallabhbhai Patel’s birth anniversary, a ‘Run for Unity’ event will take place in Delhi. While Patel’s birth anniversary falls on October 31, the event is being celebrated on October 29 across India, following Prime Minister Modi’s announcement during his ‘Mann Ki Baat’ address.Stay tuned for updates on these events throughout the day and keep an eye on the news for further developments.
