Wipro founder Azim Premji and family have emerged as the richest in Bengaluru with a net worth of Rs 2.21 lakh crore, according to the M3M Hurun India Rich List 2025. India has added billionaires at an unmatched pace, with Bengaluru accounting for 116 of them.
State governments' capital expenditure rose by 10% in the first seven months of FY26, while revenue expenditure only grew by 4%, showing fiscal responsibility. 18 states saw a decrease in borrowing and liabilities by 8%, resulting in moderate growth in revenue spending. Tax revenues also increased by 10%.
KWIL has announced its board of directors for its demerger from HUL on December 1. The board comprises of experienced leaders who will guide the company towards accelerated growth through strategic pivots, a strong snacking portfolio, and global brand access. With a strong heritage and distribution network, KWIL aims to tap into India as an independent listed entity.
The top B-schools in India submitted their placement packages for the NIRF 2025 rankings, revealing interesting insights. IIM Ahmedabad remains at the top, but IIM Mumbai offers the highest median salary of Rs 33 lakh per annum. IIM Bangalore is popular among global recruiters with a median salary of Rs 32.5 lakh, while IIM Ahmedabad offers a median salary of Rs 32 lakh.
The deeptech sector is experiencing a change in exit timelines, with shorter periods of 6-9 years becoming more common. This is due to the maturing market and faster growth of deeptech companies. Strategic mergers, acquisitions, and secondary sales are increasing, with larger financial investors playing a bigger role.
The implementation of DPDP rules will result in a 10-30% increase in IT and tech budgets for enterprises, with SMEs and startups allocating a significant portion of their budgets for compliance. This includes system redesign, data retention updates, and preparing for mandatory breach reporting. Despite initial costs, this shift could ultimately reduce the risk of disputes and data breaches.
Royal Enfield's Motoverse 2025 event in Goa featured the launch of their new electric motorcycle brand, Flying Flea, along with the near-production prototype of their S6 scrambler. The brand aims to capture the agility and versatility of the original Flying Flea from the 1940s, reimagined for the electric era.
The unemployment rate in urban areas has been on the rise for the past three months due to a mismatch between job creation and the labor force. The recent 50% increase in US tariffs on labor-intensive manufacturing is believed to have worsened the situation. Urban female unemployment has also increased, while rural areas have remained stable.
Ohio is considering a new cash law, called the CASH Act, to ensure businesses and government agencies accept cash payments for transactions under $500. The law would require at least one cash point-of-sale location per establishment and prohibit businesses from charging higher prices to cash-paying customers. Major retailers like Walmart, Target, and Costco could be affected.
India's FMCG market saw a 6.8% value growth in October, with urban areas leading the way and the growth gap between urban and rural areas narrowing. Branded commodities, chocolates, personal care, and dairy products saw strong growth, while beverages, home care, and packaged foods lagged behind.
Commerce Minister Piyush Goyal will head the Board of Trade meeting to address global trade challenges. Last year's initiatives included the Jan Sunwai portal and export benefits for e-commerce. This year, the focus is on implementing the Export Promotion Mission and gathering feedback from exporters.
The new Tata Sierra, a revival of an iconic brand, has gained global recognition for its sleek design and modern features. The design team successfully modernized the original Sierra's single-piece rear glass while maintaining its timeless charm.
Indian-origin steel billionaire Lakshmi Mittal is leaving the UK due to the country's new tax reforms targeting the super-rich. He is currently tax-resident in Switzerland but will now spend most of his time in Dubai, where there is no inheritance tax. Other wealthy individuals, such as Herman Narula and Rio Ferdinand, are also leaving the UK due to the tightened tax regime.
Dubai real estate developers are focusing on Indian buyers through targeted marketing and flexible payment plans. Indians are among the top investors, especially in luxury properties. To appeal to them, developers are using Bollywood celebrities as brand ambassadors and accommodating their payment preferences.
Top real estate brands like Birla Estates, Prestige Estates, and DLF are charging significantly higher prices for their luxury properties compared to local developers in cities like Mumbai, Pune, and Gurugram. The price difference has reached up to 103% in Mumbai and 50-60% in Pune, while in Gurugram, DLF is charging 80,000 to 100,000 per sq ft for ultra luxury properties.
The Nifty 50 closed near its highest point last week, indicating an uptrend. However, worries arise as the rally is fueled by a few stocks while smaller caps lag behind. FIIs are cautious with a low long-short ratio. The Nifty Metal Index is weakening, with potential downside targets, but the Nifty Auto Index shows potential for a breakout.
President Trump says Chicago residents are begging for his help as the city faces a rise in violent crime. Chaos erupted during a riot, resulting in eight teenagers shot and injured officers. Trump blames state and city leaders for refusing federal aid. A train attack has sparked fears about safety in the transit system. Trump has sent troops to other cities for similar issues.
The saying "the bigger the better" doesn't always apply to speakers. The boAt Stone Arc Pro Plus, with 45W sound, boAt Spatial Audio, and dynamic RGB LEDs, proves that quality is more important. It has a sturdy build, IPX5 water-resistant rating, and Broadcast Mode for syncing with other speakers.
OnePlus 15 is a game-changer in the smartphone industry, providing top-notch features at affordable prices. With its sleek design, impressive display, powerful cameras, and superior performance, it stands out from its competitors. It also offers protection against dust and water, and its Snapdragon 8 Elite Gen 5 Mobile Platform allows for seamless multitasking and AI-driven enhancements.
The integration of AI technology in the hospitality industry has caused a shift in customer preferences towards digital options, leading to the success of new players like Expedia and Airbnb. Traditional hotel chains are facing challenges and investing in digital and AI assets to compete.
Dassault Systemes India has developed a virtual twin of Jaipur city, providing software for 3D design, simulation, and data management. This technology is used by various industries, such as manufacturing, healthcare, and urban planning, to optimize operations and promote sustainable innovation.
India is transforming its GCC ecosystem as AI adoption moves towards product-led, governance-driven innovation hubs. This will increase the workforce by 11% in the next year and create 1.3 million jobs by 2030. India is aiming to become the second-largest AI talent hub and investing in building capabilities to reduce reliance on external talent.
Agritech startup funding has decreased since 2025, causing shutdowns and distressed deals. Investors are worried about profitability and lack of innovation, leading to caution. However, VCs see potential in the sector, especially with a focus on climate-smart solutions and policy initiatives for future growth.
India and Israel will negotiate their FTA in two phases to prioritize easy issues and sensitive ones. The goal is to increase trade to $30-40 billion in the next five years. The FTA will complement the BIA signed in September, and both sides are eager to finalize the first phase quickly for the benefit of the trade community.
Indian-origin steel magnate Lakshmi N Mittal, UK's 8th richest man, is leaving the country due to the government's tax changes for the wealthy. He will be spending most of his time in Dubai, where there is no inheritance tax. This move follows other entrepreneurs, like Herman Narula, who faced taxes even without selling their shares. UK's Treasury Department's decision is causing concern.
Magicpin and Rapido have joined forces to take on Zomato and Swiggy. This collaboration will connect 80,000 restaurants to Rapido's Ownly platform and give magicpin access to Rapido's delivery fleet. Rapido's spokesperson emphasizes their goal of providing reliable and affordable solutions for merchants, despite challenges like low margins and consumer trust.
Mayor Sadiq Khan has indicated that London may soon implement a tourist tax for overnight visitors. The proposed tax would be around 5% of the accommodation cost or a fixed-rate equivalent. It is estimated that this could raise up to £240m a year and improve the city's infrastructure and business environment.
Temasek, a long-term investor, plans to invest $10 billion in India's consumption space over the next three years. Despite higher valuations, the company is confident in the country's growth and efficiency. They have already invested in various sectors and are focused on supporting the Indian consumer.
Former British royal Andrew Windsor lost his title and privileges due to his ties to Jeffrey Epstein. Historian Andrew Lownie believes Andrew and his ex-wife Sarah Ferguson may be summoned to testify in front of Congress if they enter the US. They could also face arrest as pressure mounts for the release of all documents related to Epstein.
Tata Mutual Fund has launched its first specialized investment fund, the Titanium hybrid long-short fund, which prioritizes equity and equity hybrid categories. CBO Anand Vardarajan stated that the fund aims to provide balanced advantage with an aggressive hybrid return profile. With only 1,500-1,600 certified sellers, the fund may take time to become mainstream.
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 Indian rupee is facing pressure until a trade deal with the US is signed, but it is not expected to breach 90 against the dollar within the next month. The market is optimistic about the trade deal, but some believe the rupee will breach 90 soon. Recent depreciation is attributed to speculation on the trade deal, capital outflows, and gold imports.
SBI Chairman proposes National Financial Grid to connect India's financial systems and prevent frauds, promote financial inclusion, and boost growth. NFG will integrate data from UPI, credit bureaus, etc. for better decision-making and utilize big data analytics for real-time insights and improved credit efficiency, benefiting citizens.
An Indian company is receiving criticism for its strict leave policies, which do not allow work-from-home for mental health or pregnancy. The company also monitors attendance through biometric tracking and requires employees to declare their leaves in advance, including sick leaves. A Reddit post mocking the policies sparked a discussion, with users questioning the company's approach.
The IRS has changed the 'No Tax on Tips' rule, which was part of the 'One Big Beautiful Bill Act', to benefit more workers. This will exclude up to $25,000 of 'qualified tips' from taxable income for those in specific occupations. The maximum overtime deduction is now $12,500 for individuals and $25,000 for joint filers.
The G20 Summit in South Africa concluded with a disagreement between the host and the US, who will host the next summit. US President Trump and other leaders did not attend, causing tensions between the two countries. South Africa refused to hand over the presidency to a junior US official, intensifying the strain. The countries have been at odds over climate change and global wealth inequality.
A blast at a senior living complex in Ohio left multiple people injured, one in critical condition. Witnesses compared it to an earthquake or bomb, and emergency responders rushed to the chaotic scene. A gas leak is believed to be the cause, leading to the evacuation of residents to nearby shelters. Investigation is ongoing.
Maharashtra Deputy CM Ajit Pawar's statement urging voters to choose his party or risk losing development funds has sparked controversy. While CM Devendra Fadnavis defends it, the opposition condemns it. NCP leaders justify it, citing context. Pawar made the statement in a rally, promising to fulfill all promises if his party and Mahayuti leaders are elected.
Donald Trump recently sported a new winter look that drew comparisons to New York City mayor-elect Zohran Mamdani's fashion. The two had a meeting at the White House, where they discussed important urban issues. Trump appeared calm and supportive, dismissing earlier criticisms of Mamdani and expressing a willingness to work together. Mamdani reciprocated the gesture.
An employee has alleged that her boss publicly “humiliated” her on WhatsApp before wrongfully terminating her. She even shared screenshots of the conversation on WhatsApp on Reddit. The boss reportedly accused her of being “selfish” and “shameless,” mocked her medical certificate as a “₹5 paper,” and even claimed she had “ghosted” him.
Canada has taken a major step toward fixing confusing and outdated citizenship rules. The government has passed Bill C-3, a law meant to bring fairness and clarity for families with children born or adopted outside Canada, according to a recent update from Immigration, Refugees and Citizenship Canada.
Men's handbags, also known as 'murses', have become a popular trend in fashion, with celebrities like Shah Rukh Khan, Justin Bieber, and David Beckham sporting luxurious options from brands like Hermes, Louis Vuitton, and Gucci. These bags come in various shapes, sizes, and designs, with some featuring diamond-studded flaps and solid-gold details.
Two eyewitnesses have identified Yasin Malik as the main shooter in the 1990 Indian Air Force personnel killing case, along with three of his associates. BJP leader Amit Malviya expressed joy over and called it a "BIG BREAKTHROUGH" and a step closer to justice for the families of the martyred air warriors. Malik was identified as the prime accused in the attack that occurred on January 25, 1990.
A former JPMorgan associate has revealed how a 10-day silent meditation retreat completely changed the direction of his life. In a conversation with Business Insider, he said the retreat pushed him to leave what many see as a dream corporate job and later build a startup that has now raised more than $6 million.
The Special Intensive Revision (SIR) has caused controversy due to timing and staff shortage, with opposition from TVK chief Vijay and political parties. The exercise is being conducted in 12 states and UTs, including Kerala, Tamil Nadu, and West Bengal, ahead of next year's elections. However, the revision has led to an increase in illegal Bangladeshi migration and has raised concerns.
The Centre has proposed a bill to place Chandigarh under Article 240 of the Constitution, giving the President the power to frame regulations for certain UTs. This has faced opposition from political parties who believe Chandigarh belongs to Punjab. The bill will be introduced in the upcoming Winter Session of Parliament.
Taylor Swift seems to be turning her Rhode Island mansion into the place where she and Travis Kelce will say their vows next year. A source told The US Sun that Taylor is looking forward to hosting the wedding at her own home, even though she and Travis had earlier considered Italy.
The 44th India International Trade Fair (IITF) is back in Delhi with the theme 'Ek Bharat Shreshtha Bharat'. It was inaugurated by Minister Jitin Prasad and will run for 14 days at Bharat Mandapam, Pragati Maidan. The fair features global exhibitors, MSMEs, artisans, and start-ups. It is open to the public from 9:30 AM to 7:30 PM until November 27
IMD has issued alerts for southern states as a low-pressure area formed over Bay of Bengal and active circulation over southeast Arabian Sea may intensify into a depression. Heavy rainfall, thunderstorms, and lightning expected for several days. Yellow alerts for waterlogging and traffic delays. Fishermen advised not to enter sea in Kerala and Lakshadweep.
Renowned author Robert Kiyosaki has predicted that the biggest crash in history has begun, urging people to invest in safe-haven assets like gold, silver, Bitcoin, and Ethereum. He believes this crash will make those who are prepared even richer and blames it on artificial intelligence.
Indian American Congressman Suhas Subramanyam has asked FBI Director Kash Patel to explain how the bureau is protecting the Jeffrey Epstein files. He also demanded full transparency on whether anyone tried to tamper with, hide, or selectively release those documents.