The Financial Services Secretary and NABARD Chairman emphasized the importance of microfinance institutions in promoting financial inclusion and women's empowerment. They also stressed the need for reasonable interest rates and operational efficiency, while noting the easing stress in the MFI sector.
The government has introduced a new Seed Bill to improve seed quality and prices, combat counterfeit products, and provide farmers with high-quality seeds. However, concerns have been raised about inadequate compensation for poor-performing seeds and limited state regulation.
Bangladesh's interim leader, Muhammad Yunus, announced a political charter referendum and national elections for February 2026. The July Charter, drafted by Yunus after consulting with political parties, includes over 80 reform proposals. However, parties have differences on its implementation, with BNP wanting a referendum on voting day and Jamaat by November.
The government plans to conduct a nationwide survey from July 2026 to June 2027 to gather accurate data on migration. This survey will cover various aspects such as labour mobility, urbanisation, remittance flows, and migrant integration.
Manipal Education and Medical Group India, led by Ranjan Pai, has submitted a second expression of interest to participate in the insolvency resolution process of Byju's parent company, Think & Learn. Manipal meets all eligibility norms and has requested access to information to prepare a resolution plan.
Niti Aayog has asked Crisil to evaluate the fertiliser subsidy scheme, which accounts for 45% of the Centre's budget, for efficiency and fiscal sustainability. The Nutrient Based Subsidy policy aims to insulate farmers from global price hikes, but the subsidy has remained elevated post-Covid.
India's import of edible oils, including palm, soybean, and sunflower, reached a record high of Rs 1.61 lakh crore in the 2024-25 oil year, with a 22% increase in value. Despite a minimal increase in volume, global prices have risen by over 20%.
The government has received 13 proposals for the PLI Scheme for white goods, with a total investment of Rs 1,914 crore. Most of the proposals are for air conditioner component manufacturing, while some are for LED components. The scheme has attracted over Rs 10,000 crore of investment and is expected to generate production worth Rs 1.72 lakh crore and create 60,000 jobs.
Voltas, a leading air-conditioning and engineering services company, faced a 74.4% decline in net profit in Q2 due to a lean summer and GST-led demand deferment. Revenue also fell 10.4%, with Ebitda margins contracting to 3%.
Muthoot Finance had a successful second quarter, with a significant increase in standalone net profit and revenue from operations. The company aims to raise ₹35,000 crore through NCDs and has raised its disbursement growth guidance for the year. The MD also predicts a rise in gold loan growth and anticipates regulatory changes to drive demand.
Benchmark indices end flat despite positive cues, investors book profits ahead of Bihar election results. Market breadth negative, 2,380 losers against 1,846 gainers. Sensex gains 1.52%, Nifty adds 1.52% in last four sessions. Sensex opens positive, slips into red, rebounds on US government shutdown end and RBI rate cut expectations.
Passenger vehicle manufacturers are divided on relaxed emission norms for small cars, with Maruti supporting and Tata Motors and Mahindra opposing. They want higher super credits for electric vehicles, as the current draft gives similar credits to transitional technologies. A multiplier of 4 for EVs is being sought to create a stronger business case and prevent penalties for non-compliance.
Zepto and Swiggy's Instamart have removed handling and surge fees, making fast deliveries more affordable for customers. But this has caused a decrease in earnings for delivery partners due to lower base rates and batched runs. This has caused discontent among workers and a shift towards variable pay.
The 2025 Korea Grand Music Awards (KGMA) ceremony, created by Ilgan Sports, is back for its second year this weekend. Nam Ji Hyun will be the main MC, joined by Red Velvet's Irene and KISS OF LIFE's Natty. Popular actors like Byeon Woo Seok, Ahn Hyo Seop, and Choi Sooyoung will present trophies to musical stars. The event will be live-streamed globally on TikTok.
Mahindra & Mahindra (M&M) has entered the life insurance market through a 50:50 joint venture with Canada's Manulife, with a total capital commitment of Rs 7,200 crore ($800 million). The JV is expected to reach a valuation of Rs 30,000 crore in 10 years and will focus on rural and semi-urban India.
ReNew Energy Global Plc has committed to investing Rs 60,000 crore in Andhra Pradesh to set up multiple green energy projects, bringing its total investment in the state to Rs 82,000 crore. These projects include a 6 GW PV ingot-wafer plant, a 2 GW pumped hydro project, a 300 KTPA green ammonia facility, and 5 GW of hybrid projects.
The Cabinet has approved a Rs 45,060 crore package for exporters, which includes a 2-3% reduction in cost of credit through interest subsidy and credit guarantee schemes. While the industry and experts see this as a positive move, they believe it may not fully address tariff and other challenges.
The CGSE provides low-interest loans with no guarantee fee or collateral needed to help direct and indirect exporters overcome working capital challenges. It has a loan limit of Rs 50 crore per borrower and will be in effect until March 2026 or until Rs 20,000 crore worth of guarantees are issued.
Shardul Thakur has been traded from Lucknow Super Giants to Mumbai Indians in a cash deal for Rs 2 crore ahead of the upcoming IPL auction. Along with Thakur, MI has also acquired all-rounder Sherfane Rutherford from Gujarat Titans for Rs 2.6 crore. Arjun Tendulkar, who was bought by MI in 2023, has been traded to LSG. The IPL 2026 mini-auction is set for December
Jubilant Foodworks, a major food services company, reported a 3x increase in net profit and a 19.7% rise in revenue in the September quarter, surpassing market expectations. The company attributed this growth to strong demand for its brands, including Domino's, Popeyes, Dunkin, and Hong's Kitchen.
India adds 5.09 GW of thermal capacity in first half of FY25-26, aiming for 12.86 GW for the year. Pace has slowed, with only 4.53 GW added in FY25. Experts predict 9.4 GW added this year. 26 projects with 37.62 GW still under construction, facing delays. Despite challenges, India continues to expand thermal power capacity.
Dawn, a prominent English daily in Pakistan, received criticism for publishing an article with a response from an AI tool. The newspaper has corrected the error in the online version and launched an internal investigation. The online version also carries an Editor's note on the same.
Tata Motors Commercial Vehicles recorded a loss of Rs 867 crore in Q2 FY26, citing a one-time impairment charge. However, the company saw a 6.26% YoY revenue growth and a 12% YoY volume growth, driven by GST 2.0 and festive season demand. MD & CEO Girish Wagh emphasized on improved product availability, pricing strategy, and market performance.
Mari Selvaraj's Bison Kaalamaadan, a socially relevant sports drama, has garnered widespread acclaim since its Diwali release. Its thought-provoking narrative and commentary on societal problems have been appreciated by viewers and critics alike. The movie, along with other Tamil hits like Kaantha and Dude, will soon be streaming on Netflix.
Markets closed flat as investors awaited the crucial Bihar election results, with Nifty below 25,900 and Sensex stable. All attention is on the election's impact on government stability. Experts predict NDA's victory, but exit polls may not be accurate. In the long term, market performance will depend on earnings growth and potential factors.
Zohran Mamdani's transition team for NYC's mayoral administration received 50,000 job applications in just one week. They are seeking candidates of all experience levels to support their affordability agenda. With over $500,000 in donations raised, Mamdani's administration plans to prioritize freezing rents and expanding social benefits. He will officially become mayor on January 1, 2026.
Muthoot Finance, a top Indian gold loan provider, saw an 87.5% rise in Q2FY26 profit thanks to surging gold prices and increased loan demand. Standalone profit reached Rs 2,345.17 crore, with interest income up by 55%. Regulatory changes and tighter credit conditions have also contributed to higher demand, leading to a 47% growth in loan assets.
Sanlam Investment Group CEO Carl Roothman aims to increase their shareholding in Shriram's asset and wealth management businesses in India, where they have a successful 20-year partnership.
India's data centre industry is set for explosive growth, driven by AI, data consumption, cloud adoption, and data localisation norms. By 2030, the country's total DC capacity is expected to rise to 8GW, requiring a colossal $30 billion in capex. AI workloads are expected to take up 35% of capacity, with specialized AI data centres growing by 80% by 2027.
After Hema Malini's post defending Dharmendra against death rumours, his son Sunny Deol slammed paparazzi for invading their privacy and standing outside their home. Despite reassurances from the family, the rumours continued to circulate.
Jubilant Foodworks, operator of Domino’s India, saw a massive 192% YoY profit growth in Q2 FY26, with consolidated profits reaching Rs 194 crore compared to Rs 66 crore in Q2 FY25. The company also reported a 19.7% revenue growth, with consolidated revenue reaching Rs 2,340 crore. However, EBITDA margins decreased by 4 basis points to 20.3% in the quarter.
As Warren Buffett prepares to step down as CEO of Berkshire Hathaway, the billionaire investor’s real estate choices reflect his trademark simplicity. Despite a net worth of over $149 billion, Buffett has lived in the same Omaha home since 1958 and owns little else beyond farmland and one former vacation house.
Tech giants Infosys and Accenture are set to establish development centres in Andhra Pradesh, with the state government offering incentives and selling land at a token price. The companies will invest Rs 2,000 crore and the state has signed 401 MoUs promising an inflow of Rs 9.8 lakh crore. The state also signed agreements with Taiwanese companies for an investment of Rs 18,400 crore
Motilal Oswal, a leading brokerage house, has a Buy rating on three stocks: Hindustan Aeronautics, Ashok Leyland, and Kirloskar Oil Engines. The company expects a 32% upside in one stock and has maintained its target price for Hindustan Aeronautics at Rs 1,800. Ashok Leyland is expected to see a rise in demand due to consumption revival, while Kirloskar Oil Engines' Q2 earnings came in strong.
A petition has been filed against Reliance Industries for allegedly stealing $1.55 billion worth of natural gas from ONGC wells. The Bombay High Court has issued a notice to the CBI and government for a probe. The petitioner claims Reliance committed a "massive organized fraud" by drilling into ONGC's blocks.
Paresh Rawal's film, The Taj Story, has faced criticism but still earned nearly 20 crore at the box office. Despite a lukewarm opening, it gained momentum during its first weekend and is now the fifth biggest hit of Rawal's career. It has a chance to surpass his fourth biggest hit, Raja Natwarlal.
Eicher Motors, the parent company of Royal Enfield, reported a net profit of Rs 1,369.45 crore in Q2FY26, a 24.46% increase from the previous year. Revenue also saw a significant jump of 45%, reaching Rs 6,071.19 crore. Royal Enfield recorded its highest-ever sales volume of 3,27,067 motorcycles, while VECV, saw a revenue increase by 10.3% to Rs 6,106 crore.
Indian equity benchmarks ended Thursday's session flat, with Nifty 50 closing at 25,879 and Sensex increasing by 12 points. Nifty Bank outperformed, settling 107 points higher, while midcap stocks declined and smallcap stocks saw a slight increase. Positive global and domestic cues, including Trump signing a funding bill and hopes of tariff relief, buoyed the market.
Mondelez, famous for Cadbury and Oreo, is bringing Biscoff cookies to India through a partnership with Lotus Bakeries. The brand will be sold in stores, supermarkets, and online at affordable prices. The companies aim to earn $100 million in 5 years and establish India as a key market. Biscoff will also expand into other categories, including ice cream, through a collaboration with Mondelez.
The ED has attached assets worth ₹61.20 crore belonging to Chaitanya Baghel, son of former Chief Minister Bhupesh Baghel, in connection with the Chhattisgarh liquor scam. The attached properties include residential plots, agricultural lands, bank balances, and fixed deposits. Baghel allegedly used his real estate ventures to launder the proceeds of crime.
India's cement industry is expected to see a major boost in the next few years, with a projected capacity addition of 160-170 million tonnes and a 75% increase in growth compared to the last three fiscal years. This growth will be driven by high demand in the infrastructure and housing sectors, leading to a significant increase in capital expenditure of about Rs 1.2 lakh crore between FY26 to FY28
SBI Mutual Fund has increased its stake in Biocon to over 5% by purchasing 3,70,150 shares. This acquisition was made on November 11, bringing SBI Mutual Fund's total holding in Biocon to 6,68,65,887 shares. The share price of Biocon rose by over 3% after the news.
India's CEA stressed the need for 8 million jobs annually to benefit from the demographic dividend. He emphasized on using AI to enhance, not replace, human work in sectors like healthcare and education. However, limited computing and GPU capacity could hinder India's development of AI models. The event also had Nobel laureates.
Haq, a courtroom drama inspired by the Shah Bano case, has received positive reviews and decent box office collections. Yami Gautam's performance as Shazia has been applauded, while Emraan Hashmi plays her legal opponent. The film initially had a slow start but saw an increase in collections, although Monday saw a decline. It will face competition from Ajay Devgn's De De Pyaar De 2.
Delhi Crime Season 3 is back on Netflix, with Shefali Shah reprising her role as 'Madam Sir' to solve a new mystery. Based on the real-life Baby Falak case, the season delves into the dark realities of child abuse and trafficking in India. The star-studded cast includes Huma Qureshi, Rasika Duggal, and Rajesh Tailang, making for a gripping and emotional 13-episode series.
The ECI will declare Bihar Assembly Election results on November 14, with high voter turnout and exit polls suggesting a possible return of the Nitish Kumar-led government. The results can be monitored on the ECI's website and voter helpline app, with live updates and candidate information. Final results will be announced in the evening, with news channels and social media also covering results.
Rashmika Mandanna's successful year includes lead roles in multiple movies, including The Girlfriend, praised for societal themes and her performance. Despite positive reviews and an 8.6/10 rating on IMDb, the film has only earned Rs 15.7 crore worldwide. However, with the weekend coming up, it is expected to reach the 20 crore mark.
India is expected to have more than 2,400 Global Capability Centres (GCCs) by 2030, according to a new report by staffing firm TeamLease Services, cited by Reuters. The report added that the US government’s tighter immigration rules under President Donald Trump, especially around H-1B visas, have done little to slow down multinational companies from expanding their operations in India.
Novartis, a Switzerland-based pharmaceutical company, has developed a new anti-malaria drug called GanLum, which has been found to be highly effective against the mosquito-borne disease. Involving 1,688 adults and children across 34 sites in 12 African countries, the phase III trial found GanLum cured more than 97% of patients.
India and South Africa will play a two-match Test series, putting India's batting depth against South Africa's strong spin attack to the test. India must overcome their past defeat against New Zealand's spinners at home. South Africa's spin trio of Maharaj, Harmer, and Muthusamy have been in excellent form, surpassing Pakistan's spinners in their recent series.