Markets closed flat as investors awaited the crucial Bihar election results, with Nifty below 25,900 and Sensex stable. All attention is on the election's impact on government stability. Experts predict NDA's victory, but exit polls may not be accurate. In the long term, market performance will depend on earnings growth and potential factors.
Zohran Mamdani's transition team for NYC's mayoral administration received 50,000 job applications in just one week. They are seeking candidates of all experience levels to support their affordability agenda. With over $500,000 in donations raised, Mamdani's administration plans to prioritize freezing rents and expanding social benefits. He will officially become mayor on January 1, 2026.
Muthoot Finance, a top Indian gold loan provider, saw an 87.5% rise in Q2FY26 profit thanks to surging gold prices and increased loan demand. Standalone profit reached Rs 2,345.17 crore, with interest income up by 55%. Regulatory changes and tighter credit conditions have also contributed to higher demand, leading to a 47% growth in loan assets.
Sanlam Investment Group CEO Carl Roothman aims to increase their shareholding in Shriram's asset and wealth management businesses in India, where they have a successful 20-year partnership.
India's data centre industry is set for explosive growth, driven by AI, data consumption, cloud adoption, and data localisation norms. By 2030, the country's total DC capacity is expected to rise to 8GW, requiring a colossal $30 billion in capex. AI workloads are expected to take up 35% of capacity, with specialized AI data centres growing by 80% by 2027.
After Hema Malini's post defending Dharmendra against death rumours, his son Sunny Deol slammed paparazzi for invading their privacy and standing outside their home. Despite reassurances from the family, the rumours continued to circulate.
Jubilant Foodworks, operator of Domino’s India, saw a massive 192% YoY profit growth in Q2 FY26, with consolidated profits reaching Rs 194 crore compared to Rs 66 crore in Q2 FY25. The company also reported a 19.7% revenue growth, with consolidated revenue reaching Rs 2,340 crore. However, EBITDA margins decreased by 4 basis points to 20.3% in the quarter.
As Warren Buffett prepares to step down as CEO of Berkshire Hathaway, the billionaire investor’s real estate choices reflect his trademark simplicity. Despite a net worth of over $149 billion, Buffett has lived in the same Omaha home since 1958 and owns little else beyond farmland and one former vacation house.
Tech giants Infosys and Accenture are set to establish development centres in Andhra Pradesh, with the state government offering incentives and selling land at a token price. The companies will invest Rs 2,000 crore and the state has signed 401 MoUs promising an inflow of Rs 9.8 lakh crore. The state also signed agreements with Taiwanese companies for an investment of Rs 18,400 crore
Motilal Oswal, a leading brokerage house, has a Buy rating on three stocks: Hindustan Aeronautics, Ashok Leyland, and Kirloskar Oil Engines. The company expects a 32% upside in one stock and has maintained its target price for Hindustan Aeronautics at Rs 1,800. Ashok Leyland is expected to see a rise in demand due to consumption revival, while Kirloskar Oil Engines' Q2 earnings came in strong.
A petition has been filed against Reliance Industries for allegedly stealing $1.55 billion worth of natural gas from ONGC wells. The Bombay High Court has issued a notice to the CBI and government for a probe. The petitioner claims Reliance committed a "massive organized fraud" by drilling into ONGC's blocks.
Paresh Rawal's film, The Taj Story, has faced criticism but still earned nearly 20 crore at the box office. Despite a lukewarm opening, it gained momentum during its first weekend and is now the fifth biggest hit of Rawal's career. It has a chance to surpass his fourth biggest hit, Raja Natwarlal.
Eicher Motors, the parent company of Royal Enfield, reported a net profit of Rs 1,369.45 crore in Q2FY26, a 24.46% increase from the previous year. Revenue also saw a significant jump of 45%, reaching Rs 6,071.19 crore. Royal Enfield recorded its highest-ever sales volume of 3,27,067 motorcycles, while VECV, saw a revenue increase by 10.3% to Rs 6,106 crore.
Indian equity benchmarks ended Thursday's session flat, with Nifty 50 closing at 25,879 and Sensex increasing by 12 points. Nifty Bank outperformed, settling 107 points higher, while midcap stocks declined and smallcap stocks saw a slight increase. Positive global and domestic cues, including Trump signing a funding bill and hopes of tariff relief, buoyed the market.
Mondelez, famous for Cadbury and Oreo, is bringing Biscoff cookies to India through a partnership with Lotus Bakeries. The brand will be sold in stores, supermarkets, and online at affordable prices. The companies aim to earn $100 million in 5 years and establish India as a key market. Biscoff will also expand into other categories, including ice cream, through a collaboration with Mondelez.
The ED has attached assets worth ₹61.20 crore belonging to Chaitanya Baghel, son of former Chief Minister Bhupesh Baghel, in connection with the Chhattisgarh liquor scam. The attached properties include residential plots, agricultural lands, bank balances, and fixed deposits. Baghel allegedly used his real estate ventures to launder the proceeds of crime.
India's cement industry is expected to see a major boost in the next few years, with a projected capacity addition of 160-170 million tonnes and a 75% increase in growth compared to the last three fiscal years. This growth will be driven by high demand in the infrastructure and housing sectors, leading to a significant increase in capital expenditure of about Rs 1.2 lakh crore between FY26 to FY28
SBI Mutual Fund has increased its stake in Biocon to over 5% by purchasing 3,70,150 shares. This acquisition was made on November 11, bringing SBI Mutual Fund's total holding in Biocon to 6,68,65,887 shares. The share price of Biocon rose by over 3% after the news.
India's CEA stressed the need for 8 million jobs annually to benefit from the demographic dividend. He emphasized on using AI to enhance, not replace, human work in sectors like healthcare and education. However, limited computing and GPU capacity could hinder India's development of AI models. The event also had Nobel laureates.
Haq, a courtroom drama inspired by the Shah Bano case, has received positive reviews and decent box office collections. Yami Gautam's performance as Shazia has been applauded, while Emraan Hashmi plays her legal opponent. The film initially had a slow start but saw an increase in collections, although Monday saw a decline. It will face competition from Ajay Devgn's De De Pyaar De 2.
Delhi Crime Season 3 is back on Netflix, with Shefali Shah reprising her role as 'Madam Sir' to solve a new mystery. Based on the real-life Baby Falak case, the season delves into the dark realities of child abuse and trafficking in India. The star-studded cast includes Huma Qureshi, Rasika Duggal, and Rajesh Tailang, making for a gripping and emotional 13-episode series.
The ECI will declare Bihar Assembly Election results on November 14, with high voter turnout and exit polls suggesting a possible return of the Nitish Kumar-led government. The results can be monitored on the ECI's website and voter helpline app, with live updates and candidate information. Final results will be announced in the evening, with news channels and social media also covering results.
Rashmika Mandanna's successful year includes lead roles in multiple movies, including The Girlfriend, praised for societal themes and her performance. Despite positive reviews and an 8.6/10 rating on IMDb, the film has only earned Rs 15.7 crore worldwide. However, with the weekend coming up, it is expected to reach the 20 crore mark.
India is expected to have more than 2,400 Global Capability Centres (GCCs) by 2030, according to a new report by staffing firm TeamLease Services, cited by Reuters. The report added that the US government’s tighter immigration rules under President Donald Trump, especially around H-1B visas, have done little to slow down multinational companies from expanding their operations in India.
Novartis, a Switzerland-based pharmaceutical company, has developed a new anti-malaria drug called GanLum, which has been found to be highly effective against the mosquito-borne disease. Involving 1,688 adults and children across 34 sites in 12 African countries, the phase III trial found GanLum cured more than 97% of patients.
India and South Africa will play a two-match Test series, putting India's batting depth against South Africa's strong spin attack to the test. India must overcome their past defeat against New Zealand's spinners at home. South Africa's spin trio of Maharaj, Harmer, and Muthusamy have been in excellent form, surpassing Pakistan's spinners in their recent series.
Retail inflation in October reaches record low due to decrease in food inflation and GST cuts, easing core inflation. IDFC First Bank states that GST cuts reduced CPI inflation by 0.25%, with further transmission expected in November. Crisil predicts a 2.5% average CPI inflation this fiscal, while growth outlook remains uncertain, possibly leading to a rate cut in the next RBI Policy meeting.
The Election Commission of India will announce the results of the Bihar Assembly election on Friday, November 14. The majority mark for a party or alliance to form government is 122 out of 243 seats. The high-stakes battle is between the NDA and Mahagathbandhan, with exit polls predicting a comfortable win for the NDA.
The Taliban's supreme leader, Hibatullah Akhundzada, has been on the list of an anti-Hindu conference in the US for four years, raising questions about the conference's agenda and academic supporters. Professors Audrey Truschke and Sahar Aziz played a key role in targeting Hindus at the conference, and the report published lists Akhundzada as an academic supporter.
The Election Commission of India will announce the results of the Bihar Assembly elections on November 14. Voters can track the latest updates and trends on the ECI's website and app, which also provides a guide to accessing the results. Live counting updates and final seat tally for each party will be displayed. Results will be declared on the same day, except for a few exceptions.
Billionaires are successful at their business due to their mindset and the societal environment they are in. Eastern countries focus on business development, while Western countries prioritize personal development. Indian billionaires are inclusive, while American and European billionaires have interests beyond work.
Moody's Ratings predicts India's economy to grow at 6.5% until 2027, citing strong infrastructure spending and consumption growth. However, the private sector remains hesitant about business capital spending.
Three people, including a doctor who holds an MBBS degree from China, were arrested by the Gujarat ATS for trying to produce Ricin, a deadly chemical compound, from castor beans in a makeshift "workshop". The group, suspected to be part of a terror module, had conducted surveillance of various locations in India.
India has opened its highest air base, Nyoma, near the China border in Ladakh. The base will enhance the country's air capabilities and serve as a hub for both military and civilian flights. China has also upgraded its airbases and deployed advanced aircraft in the region.
A terror attack at Delhi's Red Fort metro station has uncovered a plot involving doctors from Al Falah University. Diaries and notebooks found in their rooms contain coded words and references to ongoing planning, along with names of 25 individuals, mostly from Jammu and Kashmir and Faridabad. The mastermind, Dr Umar Mohammad, was in contact with other operatives and planning a bigger attack.
Faridabad Police have detained Faheem, a relative of the prime suspect in the Delhi blast, for parking the red Ford EcoSport used in the attack. The blast near Red Fort killed 12 people and injured many. Police have seized the car and recovered diaries from the suspects' rooms, indicating a well-planned conspiracy. Security has been heightened in Delhi and border areas.
Inox Wind, a subsidiary of INOXGFL Group, has received a 100 MW equipment supply order from a leading green energy project in Gujarat. The order includes supply of 3.3 MW turbines, limited-scope EPC services, and multi-year O&M services. The company's total order inflow in FY26 stands at 400 MW. With a manufacturing capacity of 2.5 GW per annum
"De De Pyaar De 2, starring Ajay Devgn and Rakul Preet Singh, has already collected Rs 2.4 crore in advance bookings. The sequel to the 2019 hit, the film features R Madhavan and Meezaan Jafri and follows the love story of Ashish and Ayesha as they navigate age-gap challenges and family dynamics.
October CPI inflation decreased to 0.25%, mainly due to a decline in food inflation of -5.02%. The government credits this to the GST reduction in all sectors. Retail inflation is at a record low, with a 1.4% increase in September and a 6.21% increase in October last year. The economy is benefiting from the GST reforms, and inflation is expected to remain under control
A day after US President Donald Trump defended the use of H-1B visas, stressing the need to “bring in the talents,” Homeland Security Secretary Kristi Noem said the country will keep using visa programmes, but with stronger oversight.
Asian Paints' share price soared after a strong second-quarter earnings report, with an intra-day high of 4.6%. Jefferies, an international brokerage, upgraded their target price on the stock and called it 'The King is Back'. Motilal Oswal, a leading domestic brokerage, has a neutral rating but raised their target price, citing the company's focus on innovation and sustained growth.
The sequel to The Devil Wears Prada, set to release in May 2026, has fans excited with its teaser trailer featuring familiar faces like Meryl Streep and Anne Hathaway. With a star-studded cast and nods to the original, fans are eagerly anticipating the power struggle at Runway Magazine and the return of Miranda Priestly.
Kim Kardashian's shapewear brand, Skims, has seen immense success since its launch in 2019, with a loyal customer base and collaborations with major brands like Nike. The brand's recent funding round has pushed its valuation to $5 billion, making Kardashian a billionaire. She has also made smart real estate investments, owning properties in California, Wyoming, and Malibu.
White House is reportedly preparing to cut tariffs on several everyday food items, Financial Times reported. This comes as pressure builds on the administration to address the rising cost of living that began under Joe Biden and continues to pinch Americans under Donald Trump’s presidency.
"The Taj Story", directed by Tushar Amrish Goel and starring Paresh Rawal, has crossed the ₹15 crore mark at the box office despite facing competition from other releases. However, the controversial film's steady run came to an end in the second week, with an 81.40% drop in collections. With a 4.09/10 rating on IMDb, the movie received negative reviews and had a meagre occupancy in theatres.
CCTV footage reveals the exact moment of the terror attack near Delhi's Red Fort, showing the i20 car exploding with reportedly over 60 kilograms of explosives. The NIA is now leading the investigation, and the suspect's university has distanced itself from the "white-collar" terror module. Police have located the suspect's car at a farmhouse in Haryana.
Indian equity indices opened flat with NSE Nifty 50 and BSE Sensex trading lower. Bank Nifty also opened in the red, while small and mid-cap stocks were muted. The market is waiting for new triggers for record highs, with Bihar polls having little impact. Key factors to watch are India-US trade deal, declining retail inflation, and weak monetary policy transmission.
SEBI chief Tuhin Kanta Pandey plans to speed up registration and reduce trading costs for foreign investors, while also making it easier to short-sell. The market regulator is also reviewing regulations to make India's cash markets more liquid and is open to implementing 'product suitability' rules to protect small investors.
Dr Umar Nabi has been identified as the "bomber" in the Red Fort terror attack, after being missing since the arrest of another suspect. DNA report confirmed his involvement. The terror attack on Monday, near the Red Fort, has led to the arrest of multiple individuals, including those employed at Al-Falah University. The administration has distanced itself from the terror attack.
The longest government shutdown in US history is finally coming to an end. The House of Representatives passed a Republican-led spending bill late Wednesday to reopen the government. The vote stood at 222 in favour and 209 against. Six Democrats supporting the measure. The bill will now go to President Donald Trump, who has confirmed he will sign it tonight, officially ending the shutdown.