The stock market ended Samvat year 2080 on a negative note, but despite this, investors’ wealth in India surged to Rs 453 lakh crore, marking the year as the biggest wealth-creating period. Contributing factors included a stable government, strong macroeconomic fundamentals, and significant domestic fund inflows.

Bibek Debroy, a renowned economist and chairman of the Prime Minister’s economic advisory council, passed away at 69. He was celebrated for his contributions to economic theory, policy, and social equity advocacy. Debroy also led the Finance Ministry’s committee on infrastructure and framed strategic growth policies for India.

Deputy Chief Minister DK Shivakumar has ordered all companies and educational institutions in the state to hoist the state flag on November 1 to mark ‘Kannada Rajyotsava’ — Karnataka’s formation day