Best drinks for diwali
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AI spending by Big Tech hits record highs in 2025 — more layoffs could be next
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Big Tech’s big AI spending figures revealed – More layoffs expected

World News 33 min ago
This is an AI assisted summary.

Big Tech firms are spending like never before on artificial intelligence (AI), and the bills just keep getting bigger. Amazon, Google, Meta, Microsoft, and even Apple released their quarterly spending reports, and the numbers are staggering. The AI spending that has cost lakhs of jobs isn’t easing up anytime soon. In fact, it’s set to surge even higher in 2026, Business Insider reports.

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CPI Overhaul: New Housing Index to Include Rural Rent and Monthly Data
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Changes proposed in CPI housing index to remove distortions: Economists

Economy 40 min ago
This is an AI assisted summary.

Economists suggest that the proposed changes in the housing index methodology for the revised Consumer Price Index (CPI) series will address statistical inaccuracies in the sector. The new series will cover both rural and urban areas, exclude employer-provided dwellings, and gather monthly rent data to better reflect market changes.

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India to Get Full-Fledged AI Law Following Deepfake Rules
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New AI law to be modelled on IT Act

Technology 48 min ago
This is an AI assisted summary.

The Ministry of Electronics and Information Technology (MeitY) is planning to introduce a new law to regulate deepfakes and synthetically generated content. The law will cover all aspects of AI and its applications, and will include measures for labeling and verifying AI-generated content. Major social media platforms will have additional obligations, while private content will not be affected.

Nifty Pauses After Rally: Doji Signals Consolidation Near Highs
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Nifty poised for short consolidation

Market 1 hr ago
This is an AI assisted summary.

The Nifty may experience consolidation as traders take profits, with a 0.28% loss last week. It remains above its 20-day EMA and Fibonacci retracement levels suggest support at 25,524 and 25,245. The trendline at 25,400 will serve as support, with the US government shutdown and uncertainty in the markets. Expect consolidation before a potential move higher.

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Former New Zealand captain Kane Williamson announces T20I retirement with immediate effect

Sports 1 hr ago
This is an AI assisted summary.

Kane Williamson, former New Zealand skipper and strategic advisor for Lucknow Super Giants, has retired from T20I cricket. He will not be playing in the upcoming series against West Indies and will focus on Tests. Williamson has an impressive record and led the team to multiple T20 World Cup successes. Coach Rob Walter praised his leadership and he will continue playing franchise cricket.

SP Group Seeks $2.5 Billion Refinancing; Global Funds Likely to Return
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Existing lenders may take part in SP Group’s $2.5-bn fundraise

Industry 2 hr ago
This is an AI assisted summary.

SP Group is planning to raise $2.5 billion to refinance the debt of its holding arm, Goswami Infratech, which backs its stake in Tata Sons. Some of the previous investors, including Cerberus Capital, Ares Management, Farallon Capital Management, and Davidson Kempner Capital Management, are likely to participate in the new round at a lower yield.

Top FMCG Companies Predict Stronger H2 Growth After Weak Q2 Earnings
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FMCG firms see better second half after weak Q2

Industry 2 hr ago
This is an AI assisted summary.

Consumer goods companies in India are anticipating a rise in demand in the second half of the financial year, after experiencing trade disruptions caused by GST in the first half. Despite modest revenue and profit growth in the second quarter, companies are hopeful and investing in growth and expansion.

IAS Pari Bishnoi, after failing to clear the coveted UPSC exam in her first attempt in 2017, moved back to a small town in Rajasthan to prepare for her next attempt.
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‘Isolated myself, gained 45 kg’: IAS officer shares inspiring UPSC journey

Trending News 2 hr ago
This is an AI assisted summary.

IAS Pari Bishnoi's inspiring journey of resilience and determination is a testament to the power of never giving up. After failing to clear the UPSC exam in her first attempt, she moved back to her small town in Rajasthan and prepared for another attempt. When she received her interview call, something shifted in her, & she decided to rebuild her confidence through exercise & a balanced diet.

UPI Transactions Hit New All-Time High of 20.7 Billion in October
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Festive cheer lifts UPI to record highs in October

Industry 48 min ago
This is an AI assisted summary.

UPI transactions reached a record high in October, driven by festive season spending and government initiatives. The platform saw a 25% increase in transactions, reaching 20.70 billion worth Rs 27.28 lakh crore. It also processed a record 754 million payments in a single day. However, the growth rate has slowed down since April 2022, indicating a stable phase for UPI.

Kotak Mahindra Asset Management Company Chief Investment Officer Harsha Upadhyaya
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Small cap valuations still expensive: Kotak MF CIO 

Market 2 hr ago
This is an AI assisted summary.

Kotak Mahindra's CIO, Harsha Upadhyaya, notes that large and midcap companies have shown earnings growth, but their valuations are still high. Small cap valuations are even higher, but the fund house maintains a disciplined approach, prioritizing quality businesses, management, and reasonable valuations. Upadhyaya suggests a longer investment horizon and predicts moderate returns.

Dedicated Freight Corridors Cut India's Logistics Costs to 8-9% of GDP
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Freight corridors slash logistics cost by 6% of GDP

Economy 2 hr ago
This is an AI assisted summary.

DFCCIL has successfully reduced India's logistics cost from 14% to 8-9% of GDP through the dedicated freight corridors. This has also helped in strengthening the country's industrial competitiveness and self-reliance. The completion of the Western DFC is expected to further decrease the cost and increase the efficiency of goods transport, with a projected increase in the number of trains.

India Considers Allowing Foreign E-commerce Giants to Hold Inventory for Exports
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Inventory model for e-commerce exports: Ministry starts talks

Industry 2 hr ago
This is an AI assisted summary.

The ministry of commerce and industry is considering allowing e-commerce companies to build their own inventory for exports from India, aiming to increase e-commerce exports without harming small retailers. This is in line with the global trend of cross border e-commerce, which is expected to reach $2 trillion by 2034. India aims to increase its e-commerce exports to $200-300 billion by 2030.

Government to Launch ECGC IPO This Fiscal Year, Aims to Boost Export Credit Cover to Over ₹2 Lakh Crore
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ECGC listing likely in FY26

Economy 3 hr ago
This is an AI assisted summary.

The government is planning to launch the initial public offering (IPO) of Export Credit Guarantee Corporation (ECGC) in the current financial year to increase its market value and raise capital for expansion. ECGC reported a net profit of Rs 2,077 crore in FY25 and has a strong financial position with a solvency ratio of 57.13.

SEBI and Panchayat Raj Ministry Launch Major Financial Literacy Drive for Rural India via Sarpanches
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Market regulator starts financial literacy scheme for rural India

Market 58 min ago
This is an AI assisted summary.

SEBI and panchayati raj ministry have joined hands to impart financial literacy to sarpanches and officials at panchayat levels in six states. The training will cover topics like financial planning, investment in equities and mutual funds, budgeting, savings, and safeguarding against fraudulent schemes.

FPIs Pump Rs 13,397 Crore into Indian Govt Bonds in October
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FPI inflows into govt bonds at seven-month high

Market 3 hr ago
This is an AI assisted summary.

Foreign investors are increasingly investing in Indian government securities, with a record high of Rs 13,397 crore in October. This is due to a stable rupee, potential trade deal, favorable interest rates, and expected monetary easing. FPI holdings in government securities have also reached a record high, attributed to attractive yields and the RBI's efforts to manage the rupee.

Mercor founder story
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Indian-American friends become youngest self-made billionaires with $10B AI startup at 22

Trending News 5 hr ago
This is an AI assisted summary.

Three 22-year-old high school friends, two of Indian origins, have become the world's youngest self-made billionaires with their AI startup Mercor reaching a valuation of $10 billion. Co-founded by Brendan Foody, Surya Midha, and Adarsh Hiremath, Mercor raised $350 million in a new funding round. The company builds AI-powered recruitment and data-levelling systems.

JPMorgan Chase CEO Jamie Dimon said that working from the office plays a crucial role in mentorship, sales training, and error management — key aspects of professional learning that are often lost in remote work.
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‘Not making fun of Zoom, but…’: JPMorgan Chase CEO doubles down on work from office

Trending News 5 hr ago
This is an AI assisted summary.

JPMorgan Chase CEO Jamie Dimon has emphasised the importance of in-person work for younger employees, as remote work limits mentorship and learning opportunities. This comes after 2,000 employees signed a petition for a hybrid work model. Dimon, who has been Chairman and CEO since 2006, graduated from Tufts University and earned an MBA from Harvard Business School.

Indian stock market this week
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Big drivers for markets: Analysts eye Q2 earnings, macro data, global trends

Market 6 hr ago
This is an AI assisted summary.

Indian stock markets are expected to have an eventful week, with key data releases and major corporate earnings lined up. Attention will be on macroeconomic data and global trends, along with foreign inflows and rupee movements. Last week, the markets saw a dip due to profit-booking, and investors will closely monitor trade talks with the US and ongoing earnings season for direction.

A boss gave his employee a last-minute task over the weekend. When the employee said he didn’t have his laptop, the boss told him to go to the office and finish the report.
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‘Go to office and complete work,’ boss tells employee after he refuses to work on weekend

Trending News 3 hr ago
This is an AI assisted summary.

A boss asking an employee to work on the weekend has caused controversy over work-life balance after the employee shared the conversation on Reddit. The boss became angry when the employee said that he wasn't carrying his laptop and told him to go to the office. Reddit users had varying opinions, with some supporting the employee and others proposing better communication strategies.

Zohran Mamdani net worth
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Zohran Mamdani net worth: Inside NYC mayoral candidate’s life

6 hr ago
This is an AI assisted summary.

For someone leading the race to become New York City’s next mayor, Zohran Mamdani isn’t sitting on much wealth. According to Forbes, the 34-year-old state assembly member, known for his socialist politics, has an estimated net worth of around $200,000 ( ₹1.71 crore) as of 2025. 

MK stalin
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Diddy’s First Prison Photos Shock Fans
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billionaire lifestyle
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From Jeff Bezos to Mark Zuckerberg: Most expensive superyachts owned by billionaires

Lifestyle 8 hr ago
This is an AI assisted summary.

The world's billionaires are unafraid to splurge on extravagant luxuries, such as superyachts, as a symbol of their wealth. One EV giant is even aiming to become the first trillionaire. The top ten richest individuals have gained $500 billion this year, with names like Jeff Bezos, Mark Zuckerberg, and Larry Ellison owning some of the most opulent yachts.

shashi tharoor shah rukh khan
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The controversy began after Lalu Prasad Yadav’s daughter, Rohini Acharya, shared videos of him celebrating Halloween with children dressed as the Grim Reaper and other spooky characters.
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Market cap of top 10 companies rise Rs 95,447 crore, RIL leads

Market 6 hr ago
This is an AI assisted summary.

Last week, the combined market valuation of four of the top 10 valued firms increased by Rs 95,447.38 crore, with Reliance Industries leading the pack. However, HDFC Bank, TCS, ICICI Bank, Bajaj Finance, Infosys, and Hindustan Unilever saw a decline in their valuation. Reliance Industries, SBI, and Airtel were the top gainers, while Reliance remained the most valued domestic firm.

Delhi AQI today: At 10 am today, Delhi recorded the highest pollution levels among major cities with an AQI of 388, placing it in the “very poor” category.
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GST revenue in FY26
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SBI report projects higher GST revenue than expected for FY26

Policy 8 hr ago
This is an AI assisted summary.

SBI Research predicts that GST revenue for FY26 will surpass government's budget estimates, with most states like Maharashtra and Karnataka gaining 6% and 10.7%. Past rate changes show a temporary dip in collections followed by a rebound, resulting in additional revenues of Rs 1 trillion. In October, GST collections increased by 4.6%.

US CEO fired after FBI sting involving officer posing as teen on dating app
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US CEO fired after bid to produce child porn, caught by FBI officer posing as teen

Trending News 9 hr ago
This is an AI assisted summary.

Tennessee’s Evolve Bank & Trust has fired its newly appointed CEO, Bob Hartheimer, after he was arrested in an FBI sting operation. Court documents seen by the Wall Street Journal on Friday revealed that Hartheimer, who had taken over as Evolve’s chief executive in August, was charged with “attempting to produce child pornography and sending sexually explicit material to a minor.”

Microsoft laid off at least 15,000 employees this year. Around 6,000 were let go in May, and another 9,000 in July, across various divisions.
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‘We will grow our headcount, but…,’ says Microsoft CEO Satya Nadella

Technology 10 hr ago
This is an AI assisted summary.

Microsoft CEO Satya Nadella announced tech giant's plans to expand the workforce, focusing on AI and operational efficiency. “​​I will say we will grow our headcount, but the way I look at it is that the headcount we grow will grow with a lot more leverage than the headcount we had pre-AI,” he said. He also stressed the need to adapt to new ways of working as AI becomes central to Microsoft.

GSAT-7R satellite isro
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ISRO set to launch Indian Navy’s heaviest communication satellite GSAT-7R today

Life 10 hr ago
This is an AI assisted summary.

ISRO will launch the Indian Navy's GSAT-7R (CMS-03) communication satellite from Sriharikota on Sunday. Weighing 4,400 kg, it is India's heaviest Navy satellite and will provide robust telecommunication coverage over the Indian Ocean Region. The satellite includes indigenous components to meet the Navy's operational needs.

millie bobby brown
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Stranger Things actor Millie Bobby Brown files harassment complaint against co-star

Life 11 hr ago
This is an AI assisted summary.

Millie Bobby Brown, known for Stranger Things, is also a successful entrepreneur with her skincare line. However, her on-set journey has been rocky due to co-star David Harbour's bullying and harassment accusations. The final season releases on November 26, with the last episode premiering on December 31-January 1. The Duffer Brothers promise big answers and intense visuals.

Trump on Nigeria
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‘Fast, vicious, and sweet’: Trump threatens military action in Nigeria

World News 11 hr ago
This is an AI assisted summary.

President Trump has warned of swift military action in Nigeria if the government doesn't address the killing of Christians. He has also suspended all aid to the country. Defense Secretary Hegseth supports this warning and the Department of War is preparing for action. Nigeria has been put back on the list of countries violating religious freedom and Trump has urged Congress to investigate.

$102 Million Louvre Heist: 38-Year-Old French Woman Faces Criminal Conspiracy Charges
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French woman charged in $102 million Louvre heist conspiracy: Report

World News 12 hr ago
This is an AI assisted summary.

Paris’s Louvre Museum was hit by a brazen day-light robbery on October 19, when thieves escaped with jewels worth around $102 million. Investigators say the entire theft took less than eight minutes. In a recent development, two more people have been charged in connection with the theft, bringing the total number of individuals formally charged to four.

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baahubali epic box office collection
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Baahubali The Epic Box Office Day 2: Prabhas starrer inches towards Rs 20 crore mark

Life 12 hr ago
This is an AI assisted summary.

Baahubali: The Epic, starring Prabhas, has shattered box office records with its massive collection of over Rs 10 crore on its opening day. The film, which includes never-before-seen footage, continues to draw huge crowds worldwide, earning Rs 17.80 crore in just two days. Despite a slight decrease in occupancy in certain areas, Baahubali remains a strong performer.

Delhi AQI: On November 1, Delhi’s 24-hour average AQI stood at 303, placing it in the “very poor” category, according to the Central Pollution Control Board (CPCB).
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‘Life has become hell,’ Delhi man as AQI spikes from 97 to 500 seconds after he opens door

Trending News 12 hr ago
This is an AI assisted summary.

Delhi's worsening AQI has led to residents using air purifiers indoors, but a viral video shows how quickly the air quality deteriorates when the door is opened. The 24-hour average AQI has reached "very poor" levels, prompting the government to take action. 13 pollution hotspots are being monitored and permanent water sprinklers are being installed.

Trump-Xi meeting
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Why the Trump–Xi pact marks a turning point in tariffs, tech trade, and fentanyl control

World News 13 hr ago
This is an AI assisted summary.

The White House has revealed the details of the agreement between President Trump and Chinese President Xi Jinping to ease the trade tensions. The deal involves tariff cuts, a halt in Beijing's export restrictions on rare earth minerals, and a restart of Chinese purchases of American soybeans. Additionally, there will be a decrease in tariffs on fentanyl-related Chinese products.

FBI, Boston police probe intentional explosion at Harvard Medical School
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Multiple stabbing case in UK
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UK train knife rampage: Several stabbed, two arrested

World News 14 hr ago
This is an AI assisted summary.

Multiple people were stabbed on a train near Cambridge, England, and two suspects were arrested after armed officers stopped the train at Huntingdon. The incident was described as "appalling" by Prime Minister Keir Starmer, and a large-scale response was mobilized by the ambulance service. One suspect was tasered by police and multiple patients were taken to hospital.

EPFO Launches 'Employees' Enrolment Scheme 2025'
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Employees enrolment scheme launched

Money 21 hr ago
This is an AI assisted summary.

The government has launched the Employees' Enrolment Scheme 2025 to promote voluntary compliance and extend social security coverage to all eligible employees. The scheme provides a special window for employers to enroll eligible employees who were left out from EPF coverage between July 2017 and October 2025. The window will remain open for six months.

Jemimah Rodrigues' Century and Emotional Resilience Mark New '1983 Moment' for Indian Women's Cricket
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India on the cusp of glory

Sports 21 hr ago
This is an AI assisted summary.

India's women's cricket team, led by Harmanpreet Kaur, has a chance to make history like Kapil Dev's 1983 team. Jemimah Rodrigues' standout performance in the semifinal has brought attention to the team. The packed stadium reflects the rising popularity of women's cricket in India. Despite facing challenges, the team has bounced back and is now a force to be reckoned with.

Homegrown Limoncello, Vermouth, and Agave Spirits Drive Premiumisation and Experiential Drinking in India
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Global liquor traditions now reimagined in India

Lifestyle 22 hr ago
This is an AI assisted summary.

Indian homegrown brands are making waves in the liquor market by offering unique and authentic alcoholic beverages, catering to well-travelled and experimental consumers. From limoncello to agave spirits, these brands are expanding into new markets with a focus on local ingredients and premium experiences, disrupting the industry and tapping into the trend of premiumization.

Jemimah Rodrigues' Match-Winning Century Expected to Double Endorsement Value
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Rodrigues’ endorsement value set to swing 100%

Sports 22 hr ago
This is an AI assisted summary.

Jemimah Rodrigues' unbeaten 127 against Australia not only secured India's win, but also catapulted her brand endorsement journey. Experts forecast a 100% increase in her endorsement value, with potential deals worth Rs 50 lakh to Rs 1 crore. Despite a reach gap with male cricketers, her comeback, fan connection, and performance make her a promising face in women's sports. Authenticity is her key.

India-US Trade Deal Nears
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Non-trade issues key as deadline nears

Economy 22 hr ago
This is an AI assisted summary.

India and the US are close to finalizing a deal that would see India's tariffs on US goods decrease to 10-15%. The US is also pushing for India to reduce its oil imports from Russia and open up its markets for American products. However, India must also protect its interests by enforcing strict segregation for genetically modified corn imports and sequencing its approach to US engagement.

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Highest-ever car sales in cracker of October

Industry 22 hr ago
This is an AI assisted summary.

Indian carmakers saw a surge in domestic sales in October, with a 17% year-on-year jump, thanks to Diwali demand and lower GST rates. Maruti Suzuki, Tata Motors, and Mahindra & Mahindra all saw significant growth, while Hyundai was the only brand to record a decline due to the phasing out of a model. The upcoming launch of the new Venue is expected to further boost sales.

Map of Memories talks about those who exist on the margins of our consciousness and yet are essential to everything that keeps the city of Mumbai and its people moving
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Book review: Map of Memories by Ashwani Kumar

Lifestyle 24 hr ago
This is an AI assisted summary.

"Map of Memories" delves into the power of memory and how it shapes individuals and society. Through personal experiences in Mumbai, Kumar reflects on the impact of political, social, and cultural changes and the struggle to hold onto memories. Employing literary techniques, he invites readers to connect with their own emotions and experiences.

Unseen: The Untold Story of Deepinder Goyal and the Making of Zomato by Megha Vishwanath. Publisher: Penguin Random House. The book has 312 pages and priced at Rs 799
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