Top News Highlights for October 24: Cabinet Meeting, Q2 Results, Cyclone Dana, and More

Top News Highlights: Here’s a roundup of key developments and updates expected across various sectors, including markets, politics, finance, technology, and general news.

Union Cabinet Meeting Today

According to reports from ANI, the Union Cabinet is scheduled to meet today at 10:30 a.m. in New Delhi to discuss key issues.

Q2 Results Announcements—October 24

Several major companies are set to announce their Q2 financial results today. This includes ITC, IndusInd Bank, ACC, NTPC, Colgate-Palmolive India, JSW Energy, Adani Total Gas, Adani Wilmar, and many more. Investors and stakeholders are keeping a close watch on these reports as they will significantly impact the market trends.

Cyclone Dana Preparations

With Cyclone Dana approaching, the West Bengal Raj Bhavan has set up a task force and a control room to assist the public. Governor CV Anand Bose called an emergency meeting on Wednesday with experts and key team members in Kolkata.

Key impacts of Cyclone Dana:

• Bhubaneswar Airport: Flight operations will be suspended for 16 hours, from 5 PM today until 9 AM on October 25.
• Train Cancellations: The East Coast Railway has canceled 198 trains scheduled between October 23 and October 25.
• Schools Closed: The West Bengal Government has announced the closure of schools in several districts, including South 24 Parganas, North 24 Parganas, and Kolkata, from October 23 to October 26.

German Chancellor’s Visit to India

German Chancellor Olaf Scholz is scheduled to arrive in India late on October 24 for a two-day visit. He will meet Prime Minister Narendra Modi on October 25 for the 7th Intergovernmental Consultations (IGC). Chancellor Scholz will be accompanied by senior ministers from his government, and the discussions will cover various areas of responsibility under the IGC framework.

IPO News

• Waaree Energies IPO: The allotment of Waaree Energies'IPO is expected today.
• Godavari Biorefineries IPO: The subscription period for this IPO continues, as today marks Day 2 of its subscription window.

Also read: BRICS: PM Modi's big statement on war and conflicts, "Double standards will not work"

These developments will be closely watched throughout the day as they are likely to influence market behavior and public responses in India and abroad.