L&T to invest Rs 10,000 crore to expand data centre capacity sixfold in response to India's growing need for digital infrastructure. Mumbai and Chennai already have data centres, with more planned. L&T also plans to offer cloud services. Indian data centre capacity expected to double by 2027.
US President Donald Trump and First Lady Melania Trump embraced the Halloween spirit at the annual White House event. The couple was seen having fun, with Trump recreating a viral candy moment from 2019. The event also saw various costumes, including a McDonald's "Order Here" costume and a young trick-or-treater dressed as Trump.
Indian Prime Minister Narendra Modi has climbed to the fifth spot of most followed users on X, surpassing popular American pop stars Rihanna and Justin Bieber. He now has 108.6 million followers and needs only 2 million more to overtake US President Donald Trump. This highlights the changing trend on social media, where politicians are gaining more followers than celebrities.
BlackRock and other American lenders have been defrauded by Bankim Brahmbhatt, owner of Broadband Telecom and Bridgevoice, who fabricated accounts receivables and transferred assets to offshore accounts. The lenders have filed a lawsuit against Brahmbhatt, who allegedly owes them over $500 million. BNP Paribas backed BlackRock's decision to finance loans for Brahmbhatt's telecom companies.
Tamil Nadu CM Stalin and DMK MP Kanimozhi criticize PM Modi and BJP for promoting division among groups and neglecting the nation's welfare. They condemn PM Modi's remarks in Bihar and accuse BJP of hate politics during elections. Kanimozhi also highlights the plight of a politician from Bihar living in Tamil Nadu's Raj Bhavan and accuses BJP of abandoning migrant workers during the pandemic.
Shah Rukh Khan, the 'King of Bollywood', turns 60 this Sunday and recently became a billionaire. His opulent Mumbai residence, Mannat, is being renovated, so his birthday bash will be held at his Alibaug farmhouse. The extravagant villa boasts a private helipad, ocean view, and luxurious interiors. SRK also owns properties in Dubai, London, New York, and California.
Baahubali: The Epic, the blockbuster film, has made a comeback on the big screen with Prabhas returning to the screen. In an interesting podcast, Baahubali stars Rana Daggubati and Prabhas recalled an incident before the release of the film. The makers had to postpone the release due to Salman Khan's Bajrangi Bhaijaan.
23-year-old Grammy winner Billie Eilish received the Music Innovator Award at WSJ Magazine's Innovator Awards. She called for empathy and urged billionaires like Mark Zuckerberg to use their wealth for good causes in her acceptance speech. However, her comments were met with silence from Zuckerberg and sparked rumors of a rivalry with Taylor Swift and criticism towards the wealthy elite.
Adani Power secures 3.2 GW coal power supply tender in Assam, with plans to expand capacity to 42 GW by 2032. The company has a pipeline of over 22 GW of thermal power bids, with an investment of Rs 2 trillion. Power dues from Bangladesh have reduced significantly.
Mphasis, a leading IT solutions provider, saw a 10.79% increase in consolidated net profit for Q2FY26 at Rs 469 crore. Revenue from operations also rose 10.34% YoY to Rs 3,901.91 crore. The company's AI-first strategy and focus on new-gen services have led to strong TCV wins of $528 million.
L&T has partnered with General Atomics Aeronautical Systems to manufacture Remotely Piloted Aircraft Systems in India. The company will participate in the Ministry of Defence's upcoming RPAS program and fulfill indigenous content requirements. L&T's Chairman stated that this partnership will enhance India's defence capabilities and promote self-reliance in aerospace technologies.
Director Rahul Sadasivan's latest horror film 'Diés Iraé' starring Pranav Mohanlal, Sushmitha Bhat, Gibin Gopinath, and Manohari Joy has been winning hearts with its jaw-dropping visuals, well-timed jump-scares, and excellent performances. The story revolves around an architect, played by Pranav, who experiences supernatural events after learning about his schoolmate's death.
NTPC's share price fell by over 2% after reporting a 3.9% QoQ decline in consolidated net profit to Rs 5,067 crore. Standalone revenue for Q2FY26 was Rs 39,200 crore, EBITDA at Rs 10,000 crore, and PAT at Rs 4,650 crore. Adjusted PAT was Rs 4,500 crore, up 8% YoY and 2% QoQ.
PM Modi honored Sardar Patel on his 150th birth anniversary at the Statue of Unity in Gujarat. He also celebrated Rashtriya Ekta Diwas and released a commemorative coin.
Get ready for Halloween 2025 with these top picks for a spooky binge-watch experience. From intense horror to supernatural thrillers, there's something for everyone. Check out IT: Welcome to Derry, Vash: Level 2, The Midnight Club, Typewriter, and Marianne for a chilling night in. Don't forget to grab some snacks and get ready to be scared!
ITC's share price rose by 1.4% as the company reported its quarterly earnings for Q2FY26. While its revenue decreased by 3.4% YoY, EBITDA rose 2.1% YoY, in line with estimates. Nuvama Institutional Equities slashed the target price to Rs 534, citing a weak set of numbers. The company's agri business declined by 31% YoY, while cigarette volume grew 6% YoY.
India's Jemimah Rodrigues led her team to a historic victory over Australia in the ICC Women's World Cup 2025 semi-final, with her unbeaten 127-run masterclass. Cricket legends Sachin Tendulkar, Rohit Sharma, and Gautam Gambhir praised her performance, while Yuvraj Singh called it a victory that goes beyond numbers.
The first American Hindu Jewish Congress gala was held at Trump's Mar-a-Lago resort, dedicated to combating antisemitism and anti-Hindu prejudice. Lara Trump, daughter-in-law of the POTUS, gave a powerful keynote address, praising his efforts as a "peacemaker." Other notable personalities in attendance included Lynne Patton, Janette Nesheiwat, and Mehek Cooke.
Cobrapost accuses Anil Ambani's Reliance Group of a Rs 41,921 crore financial fraud through fund diversion since 2006. Reliance Group denies allegations, calling them a malicious campaign to harm stock prices. Investigation reveals siphoning of funds from listed companies through offshore entities, with violations of laws.
Mark Zuckerberg's net worth dropped two ranks on the Bloomberg Billionaires Index, making him the fifth-richest person in the world with an estimated net worth of $235.2 billion. This was due to a $29.2 billion loss in his net worth, the fourth-largest one-day market-driven decline ever recorded by the platform's wealth index.
Ayushmann Khurrana's latest project, Thamma, has become his biggest debut yet with an impressive opening of Rs 24 crore. The horror-comedy, packed with visual effects and iconic fight scenes, has been a hit at the box office since its release on Diwali. Meanwhile, Harshvardhan Rane and Sonam Bajwa starrer Ek Deewane ki Deewaniyat has also been performing consistently.
China to purchase 12 million tons of American soybeans this season, with a commitment of 25 million tons annually for the next 3 years, ending months-long tariff battle and bringing relief to U.S. farmers. Deal to be signed next week, marking a return to normalcy and ending billions of dollars in lost sales.
JetBlue flight bound for Newark, New Jersey was diverted to Tampa, Florida due to unexpected drop in altitude. 3 passengers injured with lacerations reported by pilots, who suspect a flight control issue. Airbus A320 successfully landed and passengers taken to hospital. Investigation underway as JetBlue grounds aircraft for inspection. Safety of customers and crew top priority.
Ukraine has accused Russia of launching attacks with drones and missiles on their energy infrastructure, causing power restrictions and the deaths of seven people. Prime Minister Yulia Svyrydenko calls for tougher sanctions and maximum pressure, while regional officials report more casualties and damage. President Volodymyr Zelenskiy reveals over 650 drones and 50 missiles were launched.
King Charles has removed Prince Andrew's royal titles and residence due to his ties with Jeffrey Epstein. Andrew will now be known as Andrew Mountbatten Windsor and will live in private accommodation funded by the King. Despite Andrew's denials, the British government supports this decision, which has sparked public outrage and been further fueled by the Giuffre family's statement.
Prashant Kishor, known for his successful election strategies, has launched his own party - Jan Suraaj. Hailing from Bihar, Kishor was a public health professional before entering politics. He gained recognition for his research on malnutrition in Gujarat and later helped Narendra Modi win the 2012 Assembly elections.
Sonia Raman, the first Indian-American woman to become an NBA coach, has made history again by becoming the first person of Indian origin to lead a WNBA team. Despite facing challenges, her hard work and determination have brought her to this milestone with the Seattle Storm.
India's gaming and interactive media sector is projected to reach $7.8 billion by 2030, despite losing a significant portion of its potential market due to a recent ban. The growth will be fueled by in-app purchases, a growing user base, and the emergence of local solutions. Digital gaming, esports, and interactive media are expected to see substantial growth, with high investor confidence.
India's economy is projected to grow at an average rate of 6.7% from 2025 to 2040, surpassing China's 3% growth. The nominal GDP is expected to reach $5.6 trillion by 2030 and $11.5 trillion by 2040. Per capita income is set to exceed $7,000 by 2040. Demographics and labour availability will contribute to growth, along with investments in human capital and infrastructure. Manufacturing is
India's Q3 jewellery consumption dropped to a record low of 118 tonnes due to high gold prices, but investment buying rose by 20%. Despite lower sales and imports, Indian consumers still spent Rs 2 lakh crore on gold, highlighting its enduring appeal as a safe-haven asset. Full-year demand remains uncertain.
HMIL's net profit rose by 14% in Q2 of FY26, thanks to better cost control and higher exports. Although revenue growth was only 1%, it exceeded expectations for both profit and revenue. The company's Ebitda margin also increased due to increased exports and cost-cutting efforts. The stock remained steady but closed with a 2.4% gain, with the highly anticipated updated Venue model on the horizon.
Lenskart Solutions' anchor book has received bids worth Rs 68,000 crore, 10 times the issue size and 20 times the anchor book size. Foreign institutional investors accounted for 52% of the book, with top names like BlackRock and Nomura participating.
Hindustan Unilever (HUL) has received approval from NCLT to demerge its ice cream business into Kwality Wall’s India (KWIL) as part of Unilever's global plan to spin off its €15-billion ice cream business. HUL shareholders will receive one share of KWIL for every share held in HUL, with Unilever's arm holding a majority stake. The demerger will allow for greater focus and investment in the high-g
Banks' loans continue to outpace deposit growth, rising by 11.45% year-on-year as of October 17. This growth is attributed to the rationalization of GST rates and increased demand during the festive season. However, on a fortnightly basis, credit growth has marginally declined.
The US has implemented stricter work visa regulations, including re-screening and ending automatic extensions for employment authorisation documents. This change, following increased H-1B visa fees, will primarily impact Indian workers. The USCIS advises timely renewal of EADs and states that exceptions apply.
The Ministry of Statistics and Programme Implementation Secretary emphasized the significance of ASUSE and PLFS for calculating DDP. He also discussed the upcoming National Household Income Survey, which aims to collect reliable data on household income despite potential challenges with disclosure. The survey is set to begin in February 2026.
Kerala Tourism has launched new experiential products and packages for domestic and international travelers, positioning the state as a global brand with diverse choices. The upcoming festival and winter holiday seasons align with the 6th Kochi-Muziris Biennale and India's first Travel Literary Festival, 'Yaanam 2025'.
United Spirits, the largest liquor maker in India, reported a 36.1% increase in net profit for Q2 of FY26, surpassing street estimates. Revenue also rose 11.6% to Rs 3,173 crore, driven by strong brand performance and a re-entry into Andhra Pradesh. The company's Ebitda margin expanded to 9.2%, and it expects growth during the upcoming festive season.
ITC, a leading cigarette-to-FMCG company, reported a 3% growth in consolidated profit to Rs 5,126 crore in Q2. Despite a revenue decline, it exceeded expectations in both profit and revenue. FMCG segment grew by 8%, but faced challenges due to weather and GST. ITC's cigarettes segment remained strong with strategic initiatives, solidifying its leadership position.
Assocham urges government to implement tax amnesty scheme in Budget 2026-27 for taxpayers to settle outstanding dues and reduce litigation burden. It suggests complete waiver of interest and penalty, and partial waiver of duty for importers with disputes under the Customs act. Over 40,000 cases pending, with $4.5 billion in demand.
NTPC Ltd reported a 3% increase in net profit to Rs 5,225.30 crore for the September quarter due to lower expenses. The company's total income was Rs 45,262.10 crore, with expenses declining to Rs 40,218.03 crore. The board declared a dividend of Rs 27.75 per share for FY26.
On Thursday, the benchmark indices fell up to 0.70% due to the US Federal Reserve's comments ruling out a rate cut in December. The Sensex closed at 84,404.46, while the Nifty closed at 25,877.85. Foreign portfolio investors sold shares worth Rs 3,077.59 crore and domestic institutional investors bought shares worth Rs 2,469.34 crore.
Trump and Xi have agreed to ensure uninterrupted flow of rare earth minerals to the US, which are crucial for modern technologies. The deal will stabilize prices, but efforts to create alternative supply chains continue.
The DoT is seeking legal advice on the Supreme Court's order regarding Vodafone Idea's AGR dues, which has created uncertainty over the extent of relief. The ruling acknowledges the government's discretion but limits relief to a specific demand. The DoT is examining implications and will consult before making a decision.
Swiggy's Q2 numbers show high growth but widening losses, with a net loss of Rs 1,092 crore and revenue of Rs 5,561 crore. The company's core food delivery business saw steady growth, while its quick commerce arm, Instamart, doubled in revenue but slowed in expansion.
FPI short positions in India's index futures have decreased, resulting in a 5.1% increase in benchmark indices in October. This is due to optimism over GST cuts and a successful Diwali for sectors like cars and consumer goods. Short contracts have also decreased by 70%, signaling a shift from negative to positive sentiment.
Billionbrains Garage Ventures, owner of India's largest brokerage platform Groww, plans to raise Rs 6,630 crore through an IPO. The price band is set at Rs 95-100 per share, with an estimated valuation of Rs 61,700 crore. The issue will include a fresh issue of Rs 1,060 crore and an OFS of Rs 5,572.3 crore, with investors such as Microsoft CEO Satya Nadella. Post-IPO, Grow
The government is introducing stricter measures in the Seed Act 1967 to regulate seed quality. The Bill will be presented in the budget session of Parliament in early 2026. The amendments aim to improve seed quality and ensure access to high-quality seeds for farmers.
During a summit meeting with Chinese President Xi Jinping, Trump commended India for its efforts to decrease oil imports from Russia. He stated that India has promised to significantly reduce its oil purchases from Russia. However, the Ministry of External Affairs clarified that India's energy policies prioritize stable prices and secure supplies.
Reliance Industries and Google are teaming up to boost artificial intelligence in India. Jio users will get free access to Google's AI Pro plan for 18 months, worth Rs 35,100 per user. Reliance Intelligence will be Google Cloud's strategic partner for deploying Gemini Enterprise, and they will work together on infrastructure development, including Tensor Processing Units.