India's natural gas import bill for April-October FY26 decreased by 13% to $8 billion due to a 12.5% decline in imports. Domestic consumption also decreased by 8%, reducing reliance on imported gas. However, domestic production also declined, highlighting the demand-supply gap.
The US Interior Department has announced a new set of “America-first” rules for national park entrance fees. According to the Office of Communications, these changes include much higher fees for visitors from other countries and special annual passes featuring Donald Trump.
Mumbai's air quality reached "severe" levels with an AQI of 219, far above safe thresholds. Visibility was reduced due to a thick blanket of smog and haze, causing discomfort for residents. Parts of the city recorded hazardous levels of PM 2.5 and PM10. Authorities advised precautions such as avoiding outdoor exercise and using air purifiers.
Kevin Hassett, a prominent American economist and current White House National Economic Council director, is favored by President Trump to replace Jerome Powell as Federal Reserve chair. With a strong background in Republican politics and previous work with Trump, Hassett is among the top three contenders for the position.
HDFC Asset Management Company (HDFC AMC) saw a 50% drop in its stock price due to a 1:1 bonus issue, which means existing shareholders receive one free share for every share they own. This adjustment does not change the overall value of the investor's holdings, but it does make the stock more affordable.
Bharti Airtel's stock dropped 3% on NSE due to a block deal by one of its promoter entities, Indian Continent Investment. The investment firm plans to sell 34.3 million shares for Rs 7,195 crore, aiming to diversify the telco's shareholder base. Bharti Airtel's Q2 FY26 saw a 89% increase in net profit and 26% increase in revenue. Despite recent dips, the stock has shown overall growth.
Jennifer Lopez made a grand appearance at Netra Mantena and Vamsi Gadiraju's wedding in Udaipur, performing for a whopping $2 million. A-list guests like Justin Bieber and Bollywood stars were also in attendance. The singer also recently signed a $10 million deal with Zen Diamond as their global ambassador. However, sources say this is a lower amount compared to her previous deals.
Despite receiving positive reviews and featuring impactful scenes, Farhan Akhtar's war drama 120 Bahadur, based on the Battle of Rezang La, is struggling at the box office. Despite a strong performance by Farhan as Major Shaitan Singh, the film's earnings saw a decline on Monday and Tuesday after a promising first weekend.
Ethiopia’s Hayli Gubbi volcano erupted on Sunday for the first time in more than 12,000 years. The intensity of the eruption resulted in a massive column of ash soaring nearly 45,000 feet into the sky, moving northeast at around 100 to 120 kilometres per hour.
The government aims to divest 25% stake in IIFCL through an IPO in FY27, consisting of 10% fresh equity and 15% government stake dilution. IIFCL, a state-run infrastructure lender, has shown growth in business volumes, profitability, and reduction in bad loans. The listing aims to improve the company's performance.
PM Modi to inaugurate SAESI facility near Hyderabad Airport, a major milestone for India's aviation sector. The facility will serve as Safran's dedicated MRO centre for LEAP engines, marking the first time a global engine OEM has established an MRO operation in India. This move will boost India's capabilities and position it as a global aviation and MRO hub.
President Droupadi Murmu will celebrate National Constitution Day on Wednesday by digitally releasing the Constitution in nine languages and organizing a collective reading of the Preamble. The government aims to make it a national festival by 2025 with activities planned from Panchayats to Parliament.
Indian equity indices opened higher with NSE Nifty 50 up by 0.26% and BSE Sensex up by 0.30%. Bank Nifty also opened higher by 0.35%. Small and mid-cap stocks were in line with benchmarks. Intraday volatility can be attributed to technicals and market positioning. Retail investors are advised to refrain from trading and accumulate high-quality growth stocks.
Joe Rogan has gone down a new rabbit hole, and this time, it’s an 8th-century rock-cut temple in India that has left him absolutely stunned. While speaking to a guest on his podcast, Rogan said he spent the previous night watching a YouTube documentary on the Kailasa Temple at Ellora, and he hasn’t been able to get over what he saw.
India's CRDMO market is on a fast-paced growth trajectory, projected to reach $15.4 billion by 2029 with a 13% CAGR. This is fueled by geopolitical changes, favorable regulatory policies, and competitive costs. India is becoming a top choice for CRDMO partnerships, boasting lower capital and operating expenses, and gaining traction in the global outsourcing market.
US payrolls unexpectedly increased by 119,000 jobs in September, surpassing economists' predictions of 50,000 jobs. However, the unemployment rate rose to 4.4%, higher than the expected 4.3%. The government shutdown caused delays in data collection, leading to revised job gains in August and July.
Oil prices dropped 1% due to Ukraine's possible resolution of war with Russia, potentially lifting sanctions on energy trade. This may increase supply in a market already facing a glut next year. Russia's stance has kept the market wary, with doubts about a formal agreement. Experts foresee a worsening glut in 2026, but a peace deal could boost Russia's oil production.
Virgin Group founder Richard Branson and his wife, Joan Templeman, were together for nearly 50 years before she passed away at 80. Branson first met Joan in 1976 and later recalled in a 2020 blog post on Virgin.com, “I fell for Joan almost from the moment I saw her.”
Former US Congressman and economist Dr Dave Brat has called out India over the H-1B visa program, pointing to massive irregularities. He said that while the national cap for H-1B visas is 85,000, one Indian district alone received 220,000 visas, more than 2.5 times the limit.
Chandigarh Traffic Police has issued a detailed advisory for November 26, 2025, due to special arrangements for the expected arrival of over 10,000 farmers for protests against the repealed farm laws. Traffic will be diverted and restricted on major roads, and real-time updates can be found on social media.
HP Inc. announced on Tuesday that it plans to slash 4,000 to 6,000 jobs worldwide by fiscal 2028, Reuters reported. The move is part of the company’s effort to streamline operations, adopt artificial intelligence, increase product development, improve customer service, and boost productivity.
Donald Trump has sent his special envoy, Steve Witkoff, to Moscow to meet with Vladimir Putin and finalise the details of a potential peace deal between Russia and Ukraine.
The White House on Tuesday strongly denied a report claiming that President Donald Trump was thinking about removing FBI Director Kash Patel. The rumour began after a website reported that Trump was considering replacing Patel with FBI co-deputy director Andrew Bailey.
KKR, a private equity firm, has invested in Lighthouse Learning, with Canadian pension fund PSP Investments also joining as a new investor. KKR plans to use the capital to expand K-12 schools and preschools in key cities. Lighthouse Learning has a workforce of 22,000 and a revenue of Rs 881 crore.
Asian Paints has joined hands with BCCI to be the official 'colour partner' for Indian cricket for the next three years, with a deal worth Rs 45 crore. The partnership will cover all forms of cricket, and the brand believes it aligns with their brand positioning. They will also launch on-ground and digital initiatives, such as a fan camera and 'colour countdown' during matches.
Auto tech funding in Delhi-NCR has seen a significant increase of 517% in the first nine months of 2025, reaching $1.3 billion. The overall tech funding in the region grew by 12%, with late-stage deals dominating the scene. The largest investment was $1 billion in Erisha E Mobility. Delhi accounted for 57% of the funding, with 11 IPOs and 25 acquisitions recorded in the region.
Salesforce India, a top CRM services provider, saw a 47% increase in revenue in FY25 thanks to the popularity of its Agentforce suite. The company's filings show India as a rapidly growing market, thanks to the high demand for AI agents and strong partnerships. Arundhati Bhattacharya, president and CEO, leads the company's success.
Tata Motors has revived the iconic Sierra as a modern mid-size SUV starting at Rs 11.49 lakh. The company anticipates strong demand for the diesel model, as rivals prioritize petrol or hybrid options. The Sierra EV will launch in 2021 and be exported to countries like South Africa.
Blinkit is the leading quick-commerce platform with 31% of users choosing it over other apps like Swiggy Instamart and Flipkart Minutes. While grocery remains the top use case, quick-commerce is expanding into beauty and kids' products.
CPPIB and IndoSpace have acquired six industrial and logistics parks in India for 471 million Canadian dollars, making IndoSpace Core the country's largest operator in this sector. With CPPIB owning a 93% stake, the portfolio will now cover 22 million square feet and 948 acres, serving over 120 companies in six major hubs.
The Trump administration has halted the processing of 235,000 green card applications for refugees admitted during Biden's term, citing national security concerns. This has sparked criticism from refugee advocates, who call it cruel. USCIS will review eligibility criteria, causing delays and uncertainty for affected refugees.
Volcano eruption in Ethiopia causes cancellations and delays of flights in Indian airspace. Air India, IndiGo, SpiceJet, and Akasa Air announce diversions and cancellations. Government monitoring and coordinating with agencies. Volcano erupted on Sunday, with forecasted ash influence over multiple Indian states.
India's data centre industry is predicted to experience a 20-22% revenue growth annually by FY28, thanks to the rise in enterprise cloud usage, AI workloads, and digital consumption. The capacity is expected to double by March 2028, with a rise in capital spending.
India's merchandise exports have bounced back in November despite US tariffs, with growth in seafood and services. However, trade deficit has increased due to imports of gold and fertilizer. The government is focusing on trade agreements with Canada, Israel, and the Southern African Customs Union, and plans to introduce a new export.
Jubilant FoodWorks leads the domestic food service industry with its impressive same-store sales growth (SSG), unlike its struggling competitors. This is due to its extensive store network, emphasis on delivery, and continuous menu innovation. The company's aggressive approach to speed and value has contributed to its success, with plans for further expansion.
The July-September quarter saw a notable rise in employment within the unincorporated non-agricultural sector, with over 128.5 million people employed. The number of establishments also increased, although at a slower rate. Digitization and internet use in this sector is on the rise, and women make up 28.7% of the workforce.
The University of Minnesota's Culture and Family Lab has faced backlash for calling 'Whiteness' a "pandemic" and urging White parents to "re-educate" their children. This initiative aims to promote diversity and inclusion by providing teachers with materials on topics like Black Lives Matter and defunding the police.
Private ARCs are increasingly investing in real estate, with a quarter of their new acquisitions coming from this sector. This is driven by the increasing value of properties, as well as banks and NBFCs selling off stressed projects. The market for distressed assets below Rs 500 crore is particularly attractive, with mid-sized projects being the most sought after.
Bharti Airtel's promoter entity, ICIL, plans to sell 34.3 million equity shares, representing a 0.56% stake, for Rs 7,195 crore in a block deal on Wednesday. This move aims to diversify the telco's shareholder base. The sale, handled by Goldman Sachs, will reduce ICIL's stake to below 1% and the residual stake will be under a 90-day lock-up period. The sale is part of
A major winter storm is set to hit four states, disrupting Thanksgiving travel plans for millions of Americans. Heavy snowfall of up to 30 inches is expected in North Dakota, Minnesota, northern Wisconsin, and Michigan's Upper Peninsula. Air travel may also be impacted, with delays and cancellations at major airports. The National Weather Service urges residents and travelers to stay informed.
SBI Research predicts that the new labour codes in India will increase social security coverage to 85% in the next 2-3 years, benefiting 100 million workers. This will also lead to a 15.1% increase in formalisation rate, boosting consumption and reducing unemployment by 0.3% to 1.3%.
India's antitrust regulator, CCI, has ordered a probe against BFI for allegedly abusing its dominant position by refusing to authorize or recognize third-party events without justification. EPBPL approached BFI in 2022 to launch a professional basketball league, but faced extortionate demands and warnings against participating in unauthorised events.
Despite facing challenges from high tariffs in the US, India's marine exports saw a 16% increase to $4.87 billion in April-October 2025-26. This was due to a rise in shipments to new markets like China, Vietnam, and the UK, with shrimp and prawn exports leading the surge. The EU's approval of 102 additional fishery units has also contributed to the growth.
Adani Enterprises, part of Gautam Adani's conglomerate, announced a rights issue worth Rs 24,930.30 crore to fund infrastructure projects and repay debt. The issue, closing on December 10, offers shares at a discounted price of Rs 1,800 each and will be subscribed by promoters, valuing the company at nearly Rs 2 lakh crore. It also allows for future payment calls.
Mutual fund houses have urged Sebi to reconsider the entry rules for Specialized Investment Funds (SIF) to enable smaller players to participate. The current regulations favor big players, creating barriers for smaller ones. The industry has also talked about potential changes in expense ratio and brokerage fees.
The Union Cabinet is set to approve a ₹7,300-crore incentive scheme to promote rare earth permanent magnets manufacturing in India. This will reduce the country's reliance on China and establish a self-sufficient ecosystem with a production capacity of 6,000 tonnes.
A recent SBI report suggests that India's new labour codes have the potential to significantly boost employment and formalisation in the labour market. The reforms could lead to a 1.3% decrease in unemployment and a 15% increase in formalisation. Additionally, the codes are expected to increase social security coverage and result in a consumption boost of Rs 75,000 crore.
The finance ministry is streamlining compliance forms for charitable institutions under the new Income Tax Act starting April 1, 2026. Debjyoti Das, principal chief commissioner of income tax, recognizes the complexity of current tax laws and is working to simplify procedures and align corpus donations with regular donations.
The UK is seeing a rise in the departure of billionaires, including Lakshmi Mittal, due to potential new taxes on the wealthy. The Labour government is considering an "exit tax" and wealth tax to address a £20 billion budget deficit. This could affect London's appeal to the super-rich and its status as a business and cultural hub. While some see it as a solution, others have concerns.
Siddhanth Kapoor was summoned for questioning by the Anti-Narcotics Cell in connection to a Rs ₹252-crore narcotics case. Social media personality Orhan Awatramani alias 'Orry' has also been asked to record his statement. The investigation, which began with a drug bust in March 2024, has revealed links to high-profile parties attended by celebrities like Siddhanth, Nora Fatehi, and Abbas-Mustan.
NFRA chairman Nitin Gupta urged Corporate India to improve reporting template for audit committees to better protect investors, creditors, and the public. He suggested creating a separate risk management committee to address emerging risks like AI, ESG, and cybersecurity.