MuleHunter.ai, an AI-enabled tool by RBIH, is detecting 20,000 mule accounts monthly to prevent fraud in the growing volume of digital transactions. These accounts act as intermediaries for illegal funds and terrorism financing, moving through a network of bank accounts.
Economists predict India's Q2 GDP growth to be between sub-7% to 8%, with SBI Research estimating a 7.5% growth due to GST rate rationalisation, increased investment activities, and recovery in rural consumption, services, and manufacturing. However, concerns remain over global commodity markets and trade disruptions. The Reserve Bank of India projects a 7% growth.
Indian gold demand in international markets saw a remarkable rise in October, with a 172% increase in volume and 200% increase in value compared to last year. This surge is attributed to domestic retailers preparing for the upcoming wedding and festive season. While gems and jewelry exports have declined, the industry remains hopeful for a rebound, driven by domestic demand.
India's crude import bill decreased by 13% in April-October of FY26, thanks to lower prices. The country imported 142.7 million tonnes of crude oil, with a reliance of 80.2%. Domestic production declined by 1.2%. In October, India imported 21.1 million tonnes, with a bill of $10.3 billion.
Finance Minister Sitharaman met with capital market representatives to discuss proposals for improving market efficiency, increasing investor participation, and strengthening capital-raising mechanisms. Suggestions included reducing securities transaction taxes, rationalizing buyback taxes, and harmonizing dividend taxation rates.
Google CEO Sundar Pichai cautions against blindly trusting AI and stresses the need for traditional verification methods. Under his leadership, Alphabet has made strides in AI with its Gemini models. Pichai pledges £5 billion to enhance the UK's AI ecosystem and introduces Gemini 3.0. He urges using AI for its strengths while acknowledging its potential for errors.
The IBBI has suggested changes to the bankruptcy system to ensure fairness, such as giving homebuyers a stronger role in the resolution process. The proposal also requires important details to be included in the information memorandum, allows top operational creditors to attend meetings, and requires reasons for choosing liquidation over viable plans.
Deeptech investments in India are projected to increase significantly in the next few years, reaching 25-30% of total investments. This shift is due to the strong intellectual property protection of deeptech ventures, making them more attractive to investors. Sectors like sem are seeing a rise in interest from investors.
Q2 FY26 numbers from Waaree Energies and Premier Energies point to two very different strategies as India’s solar sector tightens at the upstream end. Investors are now watching which company moves faster on cells, wafers and order visibility, because the gap could reshape how the next two years unfold.
The government is taking urgent measures to reform public sector banks before the 2026-27 budget. Proposals such as consolidation, operational autonomy, and increasing FDI limit will be discussed in a meeting called by the PMO.
Karnataka government is investing Rs 600 crore in Deep Tech and AI, along with leading venture capital firms, to create a joint fund of over Rs 1,000 crore to support start-ups in these sectors. The initiative aims to develop a Deep Tech pipeline and establish six "Centres of Excellence" across state clusters. Rs 25 crore will also be provided for innovation labs in schools.
UnitedHealth Group has appointed former FDA commissioner Scott Gottlieb to its board. Gottlieb, who previously served as FDA chief from 2017 to 2019, will use his experience to support affordable and innovative healthcare delivery. He was praised for his efforts to reduce e-cigarette use among youths and speed up approval times for generic medicines to lower drug prices.
Solar Industries India has received export orders worth Rs 1,400 crore for supplying defence products to international clients. The company's Q2 performance was its best ever, with a 57% year-on-year growth in revenue and a total order book of Rs 17,100 crore. Its international revenues also reached a record level of Rs 960 crore. The company's share price has risen by 39.83% this year.
Prabhas, the popular Telugu actor, has achieved great success with hit movies like Baahubali and Salaar. He is among the highest paid actors in India and has been consistently featured on Forbes India's Celebrity 100 list. His luxurious Jubilee Hills bungalow in Hyderabad, worth Rs 60 crores, is a prized possession with lavish amenities like an indoor pool and gym.
The Global Capability Centres (GCCs) sector in India is expected to see significant growth, with a projected increase of 11% in jobs by 2026 and 3.46 million by 2030. This growth is driven by the adoption of AI and the emergence of new roles such as Cybersecurity and AI Governance Architects. The sector is also expanding beyond metro cities to smaller cities
Nomura report shows India's housing market remains strong despite concerns around IT job losses and tariff uncertainties. Pre-sales for real estate developers rose 50% in Q2, with expectations for even stronger growth in FY27. Demand remains strong, with healthy resilience and upcoming launches. Developers continue to add new projects and land parcels, with collections rising 20% YoY.
The Rajasthan state government, in collaboration with the central government, plans to build an inland port in Jalor, Rajasthan, connected to the Arabian Sea through the Kandla port in Gujarat. The project, costing over Rs 10,000 crore, aims to enhance trade, industry, and logistics connectivity in the state. It will also support the HPCL-Rajasthan oil refinery project
Trump has shifted his stance on the release of Epstein files, claiming his government has "nothing to hide". Democrats' release of new emails has reignited the debate, with survivor Lisa Phillips urging for full disclosure. Trump, who previously dismissed concerns about his ties with Epstein, now supports the release and believes it will implicate Democrats.
SBI and ICRA have varying predictions for India's Q2 GDP growth, with SBI expecting 7.5% and ICRA expecting 7%. SBI credits rural consumption, investment, and GST rationalisation for the growth, while ICRA expresses concern over low government expenditure. Both agencies foresee growth in manufacturing and services, but ICRA predicts a slowdown in agriculture.
Hollywood actor Jon Voight has expressed his disapproval of New York Mayor-elect Zohran Mamdani, urging President Donald Trump to "terminate" his win in recent elections. Voight, known for his iconic roles in films like 'Coming Home' and 'Midnight Cowboy', called Mamdani a "communist" and warned that he will turn the city into a "virtual refugee shelter for radical Muslim ideology."
Indian equity benchmarks ended their six-day winning streak as the Nifty 50 and the BSE Sensex closed lower. Nifty Bank also saw a decline, while midcap and smallcap stocks fell. BSE Midcap and Smallcap indices closed higher. Factors like weak global sentiment, a stronger dollar, and expectations of a U.S. Fed rate cut in December contributed to the decline. Bharti Airtel was the top gainer.
After 25 years in the US, a couple returned to India, hoping to enjoy their golden years. But as friends back in the States ask about life here, a dealbreaker keeps cropping up — the horrendous traffic.
NielsenIQ's report reveals a slowdown in Indian FMCG sales growth due to GST rate changes. However, value growth increased by 12.9%, with rural areas surpassing urban areas for the 7th quarter. The report also discusses the impact of e-commerce and economic measures on consumption. Despite hurdles, the sector remains strong, with rural markets driving growth.
Dulquer Salmaan's latest release Kaantha, directed by Selvamani Selvaraj and featuring a talented cast including Rana Daggubati and Bhagyashri Borse, has crossed the Rs 15 crore India net milestone in just four days. Despite a slowdown on Monday, the film is expected to regain momentum in its second weekend and could potentially reach the Rs 25 crore mark in its first week.
Reliance Industries, an Indian refiner, recently purchased 1 million barrels of heavy crude from Kuwait Petroleum Corp in a tender. The deal includes 500,000 barrels of Kuwait Heavy Crude and Eocene crude, with prices yet to be disclosed. This purchase comes after Reliance stopped buying Russian oil last month due to US sanctions.
The Met Gala's upcoming event, themed 'Costume Art', will explore the connection between fashion and the human body through art. This will be the first Gala without Anna Wintour and will showcase garments and artworks from the Institute's collection spanning 5,000 years. Expect extravagant costumes inspired by classic art pieces and styles.
Prashant Kishor, founder of Jan Suraaj Party, has taken responsibility for the party's failure in the Bihar election and apologised for the poor performance. He vowed to work harder towards improving Bihar. He added that he will observe a day-long silent fast on November 20.
Larry Summers, the Harvard University professor and former university president, said Monday night that he is “deeply ashamed” of his relationship with convicted sex offender Jeffrey Epstein. Speaking to CNN, Summers said he would pause all public appearances to focus on “rebuilding trust and repairing relationships,” though he will continue teaching at Harvard.
Fujiyama Power Systems IPO, priced at Rs 216-228 per share, saw a strong response from investors with an overall subscription of 2.21 times. Share allotment will be announced on November 18 and listing is scheduled for November 20. Investors can check their allotment status online through BSE, NSE, and the registrar.
The NIA has arrested Jasir Bilal Wani, an "active co-conspirator" in the Delhi terror attack, for providing technical support. A video of suicide bomber Dr Umar Nabi, who carried out the attack, has surfaced where he claims that "suicide bombing is martyrdom in Islam", adding that the concept is "very misunderstood".
The office of Health Minister Y Satya Kumar Yadav has raised a complaint with the NTR district police after discovering that fake Tirumala Tirupati Devasthanams (TTD) darshan letters were being circulated using the minister’s name and letterhead, TOI reported.
JSW Cement has sold its entire stake in Algebra Endeavour to Nuvoco Vistas Corporation, with Alpha Alternatives Holdings also selling their stake. The deal, valued at Rs 1,91,63,01,956, will be completed within 10 days. Nuvoco will take full control of Algebra Endeavour and its power plants will be used for captive power consumption.
Motilal Oswal has issued a 'Sell' rating on MRF stock, with a target price of Rs 121,162, citing stretched valuations and concerns about the company's competitive position. While the recent quarterly numbers were in line with expectations, the brokerage notes a weakening market positioning and pricing power.
The Trump administration on Monday announced a new fast-track visa system for the huge number of fans expected to travel to the US for the 2026 World Cup. The system ensures, people who already have World Cup match tickets will be moved to the front of the line for visa interview appointments.
US President Donald Trump said he will sign a new bill that forces the Justice Department to release all files linked to Jeffrey Epstein, but only if the bill clears both the House and the Senate.
Emmvee Photovoltaic, a solar industry leader, successfully debuted on the National Stock Exchange and BSE at Rs 217 per share, raising Rs 2,900 crores through a mix of fresh shares and offer for sale. With plans for expansion and a focus on high-efficiency technology, the company is poised for success. JM Financial and Kfin Technologies played key roles as book runner and registrar, respectively.
Indian equity indices opened Tuesday's trading session on a negative note, with the NSE Nifty 50 and BSE Sensex opening lower. The Bank Nifty opened flat, while small and mid-cap stocks were in line with benchmarks. The Nifty Midcap also opened lower. According to experts, the Nifty index might see a positive development if it crosses the 26,100 level.
A few weeks before Russian President Vladimir Putin lands in India for the 23rd Annual India–Russia Summit, External Affairs Minister S Jaishankar met Russian Foreign Minister Sergey Lavrov in Moscow. This was their sixth meeting this year. The purpose of the meeting was to finalise plans for Putin’s visit and get key agreements ready, especially those linked to defence and mobility.
Bitcoin is crashing again, and this time, traders fear the fall may get even worse. On Monday, the world’s biggest cryptocurrency slipped below $91,500, wiping out all the gains it had made this year. The drop has sent ripples across the market, with investors rushing to protect themselves from more damage.
US President Donald Trump said on Monday that he plans to sell advanced F-35 fighter jets to Saudi Arabia. He made the announcement in the Oval Office and told reporters that the Saudis “want to buy them” and that they have been “a great ally.”
Indian markets open higher, with Nifty 50 and Sensex continuing their winning streak. Asian markets trade lower, while US market shows mixed results. Dow Jones and S&P 500 fall, while Nasdaq Composite slips. US Dollar Index increases, while rupee depreciates against dollar. Crude oil prices edge lower, and foreign and domestic investors show net buying in Indian equity market.
The UN Security Council has approved a resolution supporting President Trump's Gaza plan, which includes a ceasefire and the release of hostages. The resolution also allows for an international force to oversee reconstruction and disarmament. Hamas has rejected the resolution and vows to keep fighting Israel.
The US stock market experienced a decline on Monday, with tech giants like Nvidia and other AI companies suffering losses. The S&P 500, Dow Jones Industrial Average, and Nasdaq composite all fell. The market was affected by drops from top AI performers like Nvidia and Super Micro Computer, as well as other high-momentum winners like Bitcoin and Coinbase Global.
NIA arrests another key suspect in Red Fort terror attack, Jasir Bilal Wani, for providing technical support and attempting to make rockets. Wani was influenced by suicide bomber Dr Umar Nabi and was pressured to become a suicide bomber, but withdrew due to financial hardship and religious beliefs. NIA continues to investigate and search for all those involved in the attack.
Indian equity markets are likely to rise today as various companies announce project wins, global expansions, leadership changes, and product approvals. Renewable energy, infrastructure, IT, and pharma firms will have a significant impact on stock movements. On Monday, the Nifty 50 and BSE Sensex saw significant gains.
Indian government restricts imports of platinum jewellery from countries like Thailand, who are part of the ASEAN with which India has a free trade agreement. This is to prevent importers from exploiting duty differentials and circumventing tariffs by declaring items as platinum alloys.
India Inc's cash reserves have surged to a record Rs 14.19 lakh crore, with top companies holding 83% of it. The boost is due to better financial performance and higher other income. Firms have also used their cash to pay off loans and reduce debt, resulting in a strong September quarter with a 12.7% rise in net sales and expanded operating profit margins.
The 16th Finance Commission, led by Arvind Panagariya, presented its report to President Droupadi Murmu, addressing tax devolution, grants-in-aid, and fiscal transfers for the next five years. It conducted thorough reviews and consultations with stakeholders, visiting all 28 states to assess their fiscal capacities and development needs.
India's state-owned oil companies have signed a one-year contract to import 2.2 million tonnes of LPG from the US, accounting for 10% of the country's annual imports. This shows India's commitment to increase energy imports from the US, despite facing high tariffs on other goods.
India's merchandise exports dropped by 11.8% in October, mainly due to a decrease in shipments to the US caused by additional tariffs. The trade deficit hit a record high of $41.68 billion due to a spike in gold imports during the festive season. However, there was a rise in electronic exports and services exports surpassed goods exports.