Meesho, a SoftBank-backed e-commerce firm, has set the price band for its upcoming Rs 5,421-crore IPO at Rs 105-111. The company plans to use the proceeds for technology upgrades, AI adoption, marketing, and inorganic growth. Meesho's innovative advertising model and content commerce focus have helped it become the highest-rated e-commerce app in India.
Zoho co-founder Sridhar Vembu shared an email exchange highlighting concerns about AI in business communication. The exchange revealed how AI can unintentionally reveal confidential information and struggle with context. Experts suggest having human-signed confirmations and clear chains of custody for disclosed facts. Zoho is expanding its AI platform, Zia, and plans to use AI agents in products.
State governments are expected to see a decrease in capital outlay of 4-6% in FY26, lower than the previous year's growth and well below the 10-year average. This is due to declining revenues and increasing welfare commitments, leading to a 45-50% increase in revenue deficit.
The Reserve Bank of India is expected to announce a rate cut in December after the nominal GDP growth slowed to 8.7% in the September quarter. Commerce Minister Piyush Goyal expects inflation to remain low, while analysts predict a 25bp rate cut due to benign inflation.
Equity compensation is a key aspect of employee pay in startups and tech companies. A year-end review can prevent unexpected outcomes, reduce taxes, and aid in financial planning. Employee Stock Option Plans (ESOPs) are taxed twice: upon exercising vested options and selling shares.
Investors should exercise caution and lower their return expectations due to high valuations in mid and small-cap stocks. It is advisable to have exposure to large-cap stocks for stability, liquidity, and resilience. While small and mid-caps have performed well in the past, future returns will rely on fundamentals and valuation.
Indian economy's GDP growth for Q2 of FY26 is estimated at 8.2%, surpassing all forecasts. This growth is broad-based with secondary and tertiary sectors growing at 8.1% and 9.2%, respectively. Primary sector is to grow at 3.1%, with potential for upward revision due to better monsoons and increased area under cultivation.
The Indian rupee closed at a record low of 89.45 against the dollar due to import pressure, but the RBI's intervention prevented a further decline. The currency is expected to breach 90 if the trade deal with the US is delayed. Despite being the worst performing currency in Asia, experts predict a boost after the deal and RBI's efforts, but anticipate a significant depreciation,
The Petroleum and Natural Gas Regulatory Board has raised GAIL's transmission tariffs by 12% to Rs 65.69 per MMBtu from January 1, 2026. This decision aims to balance consumer interests and the pipeline entity, but the revised tariffs are lower than what GAIL had asked for, which could affect their earnings in the next two years.
Indian benchmark equity indices, Sensex and Nifty, gained for the third consecutive week due to positive developments on domestic and global fronts. Expectations of strong Q3FY2026 earnings, a potential rate cut by the Reserve Bank of India, and progress in India-US trade talks boosted sentiment.
India's GDP saw a significant growth of 8.2% in Q2FY26, surpassing expectations and driven by all three sectors. Private consumption, a strong financial sector, and a resilient farm economy were key factors. Low inflation and a favorable base also aided the growth. Analysts predict a 7% or higher growth for FY26, with private consumption and government investments as key drivers.
Experts predict continued positive momentum in the market as Nifty hits lifetime high after 14 months. Long short ratio improves, but rollovers fall. Market breadth weakens, but sectoral rotation expected to continue with strong momentum in private sector banks, NBFCs, and auto.
Joint education loans offer tax deductions for interest paid on higher studies, but both borrowers must contribute to the EMI. Taxpayers can file grievances for delayed tax refunds on the income tax portal or Centralised Public Grievance Redress and Monitoring System. Those who filed under the old regime can switch to the new regime with a revised ITR.
Nifty Next 50 ETFs offer a low-cost and efficient way to enhance large-cap exposure, with a broader mix of high-potential companies ranked 51-100. It complements large-cap allocation by adding growth-oriented stocks, making it a strong diversifier for long-term index investors.
India and the US are discussing ways to settle their trade conflict, focusing on the 50% tariff on Indian exports. Negotiations for a Bilateral Trade Agreement are also underway, potentially involving a trade-off. India has decreased its Russian oil imports and signed long-term LPG contracts with the US. Additionally, a Navy Helicopter Support deal was recently announced by the defense ministry.
K-pop quintet MEOVV, consisting of Sooin, Gawon, Anna, Narin and Ella, debuted just over a year ago under THEBLACKLABEL. Despite being rookies, their performance at the 2025 MAMA Awards was praised as "queens" and "respectful and thoughtful." They changed the lyrics of their latest track "Burning Up" to "Turn It Up" as a tribute to the victims of the Hong Kong fire.
IRFC successfully raised Rs 2,981 crore through its first Zero-Coupon Bond issuance, showcasing its strong market presence and role in financing infrastructure projects. The funds will be utilized for railway and allied initiatives, highlighting the confidence of investors in IRFC's financial stability.
The Scram 440 is a rebellious bike with a Royal badge, replacing the Scram 411 while keeping its design and charm. It boasts a 6-speed gearbox, more power and torque, and retains the beloved features of the original Himalayan engine. With a reasonable price, it's a great option for highway riding. However, the Guerrilla 450 offers even more explosive performance for those who crave it.
This weekend, OTT platforms have a wide variety of releases for all viewers, including a documentary on an Indian chef, a crime drama, a Tamil psych thriller, an Oscar-nominated Taiwanese movie, and the return of Stranger Things. Don't miss out on these captivating and thought-provoking options.
Mahindra launched the XEV 9S electric SUV with a strategically positioned 70-kWh battery pack, priced at Rs 24.45 lakh. This variant targets budget-conscious buyers and offers a real-world driving range of 450 km, along with 245 PS of power. The battery pack will also power other Mahindra electric SUVs, allowing the company to cater to diverse customer needs.
David Beckham's visit to India as a UNICEF Goodwill Ambassador has sparked excitement. He was warmly welcomed at the Taj Mahal Hotel and even tried making Dal ki chaat. Interacting with children, he promoted equal opportunities and education. His Instagram posts have delighted fans, displaying his passion for football and the country.
India's demand for data centres is increasing due to AI, data localisation, and low latency needs. By 2030, the country will have 8GW of capacity, with a required investment of $30 billion. The draft policy offers tax exemptions and incentives to attract investments. However, challenges in power, water supply, and environmental impact must be addressed.
The Reserve Bank of India has fined HDFC Bank Rs 91 lakh for violating banking regulations and failing to comply with KYC requirements. The penalty was imposed due to discrepancies in loan categorization, outsourcing of KYC compliance, and non-permissible business activity. However, the RBI clarified that it does not question the validity of the bank's transactions or agreements.
The Delhi High Court is hearing a dispute between domestic airlines and pilot unions over revised flight duty time limitations. Pilots claim airlines are exploiting rest duty rules, while airlines argue they are following regulations. Key issues include weekly rest, standby and night duty loopholes, treatment of night duties, and the definition of home base.
The Centre's fiscal deficit has increased to 52.6% of the annual target in the first seven months of FY26, primarily due to a rise in capex and a decrease in net tax revenues. There are worries that gross tax revenues may not meet the budgeted target, but this could be balanced out by higher non-tax revenues.
India's GDP growth in Q2 of FY26 exceeded expectations at 8.2%, the highest in six quarters. Manufacturing and services sectors saw significant growth, while construction and agriculture remained weak. Private consumer spending increased, showing confidence and the impact of GST rate cuts. The first half of the fiscal year saw 8.0% growth.
Godrej Properties is confident about housing demand and aims to acquire multiple land parcels this fiscal year, with a revenue potential of Rs 30,000 crore. It has exceeded its business development guidance and is determined to achieve its sales bookings target of Rs 32,500 crore. The company is aggressively acquiring land and partnering with owners to grow its business
Nita Ambani turned heads at the WPL 2026 auction when she arrived with a rare Hermes Bijoux bag adorned with a sparkling “AKPV” charm. Custom-designed with Brazilian Paraiba tourmalines and diamonds by Aashna Mehta at Nita Ambani’s request, the personalised piece quickly went viral online as fans tried decoding its meaning.
India's real GDP grew 8.2% YoY in Q2 FY26, with manufacturing and construction sectors leading the growth. Economists predict a full-year growth of 7.5%, surpassing earlier estimates. The economy remains resilient with high growth and low inflation, making India the fastest-growing major economy globally. Despite this, a 25 bps policy rate cut is expected in the upcoming review.
The government has postponed the release of the All India Index of Industrial Production (IIP) data to December 1 due to its overlap with the Q2 GDP release. The IIP growth rate for September 2025 remained unchanged from the quick estimate for August 2025. The three sectors, mining, manufacturing, and electricity, recorded growth rates of (-)0.4%, 4.8%, and 3.1% respectively.
The parents of Major Mohit Sharma have filed a petition to halt the release of the film Dhurandhar, directed by Aditya Dhar and starring Ranveer Singh. They argue that the film is based on their son's life without their permission, and raises concerns about national security and violation of a martyr's rights.
The 2025 MAMA Awards kicked off with a touching moment of silence for the Hong Kong fire victims, followed by a powerful performance by BUMSUP. Host Park Bo Gum explained the theme "UH-HEUNG," meaning to embrace one's true self. ENHYPEN and RIIZE were among the winners of the fan-voted category for Male Top 10.
K-pop industry unites in support of Hong Kong after devastating fire at Wang Fuk Court. Generous donations from South Korean actors and singers, as well as postponements and donations from popular artists like WayV and i-dle, show solidarity and aid for victims. Despite impact on 2025 MAMA Awards, show will continue with message of hope.
Lakshmi Mittal, a wealthy UK resident and chairman of ArcelorMittal, is permanently moving to the UAE due to stricter wealth laws and high taxes. He has bought a luxurious mansion in Dubai's Emirates Hills for $116 million. Other billionaires are also leaving the UK due to new tax policies, including a potential 20% exit tax.
Engineers India, a top engineering consultancy and project management company, has announced an interim dividend of Rs 1 per share for FY25-26, to be paid on Dec 19. The company's Q2 results show a 33.7% YoY revenue growth, with consolidated revenue at Rs 921 crore. However, profit has slipped by 16% YoY to Rs 83 crore. Engineers India has a strong presence in the oil and gas
Legendary actor Dharmendra, who passed away on November 24, expressed his love for his hometown in a heartfelt poem featured in his upcoming film Ikkis. The clip of him reciting the lines has struck a chord with netizens. The actor, deeply attached to his roots, reminisces about his childhood memories in the poem. Netizens were moved by the poem and called it a beautiful farewell to the legend.
A fire in Hong Kong's Wang Fuk Court complex killed 128 people and left many missing. Survivors share their harrowing escape stories and mourn the loss of their homes. Questions are being raised about a construction firm's negligence and the use of unsafe materials. Three contractors have been arrested and the use of bamboo scaffolding and netting is being investigated.
The Louvre Museum in Paris will raise ticket prices by 45% for non-EU visitors starting January 14, 2026, to fund upgrades and renovations. This decision comes after security and infrastructure issues, and French President Emmanuel Macron has proposed moving the Mona Lisa to alleviate overcrowding. The increase will affect a significant number of international visitors.
Delhi Police arrests Bandhu Man Singh, an associate of Canada-based gangster Goldy Dhilon, for his involvement in the shooting at Kapil Sharma's cafe. Singh supplied weapons and vehicles for the attack and is suspected to be part of a larger conspiracy targeting the comedian's restaurant. The police are investigating his links to overseas funding and other potential targets.
The Telangana Food Safety Department has conducted surprise inspections at 75 warehouses linked to major e-commerce platforms and local suppliers, including Zepto, Blinkit, and Swiggy. They seized thousands of expired or improperly labelled food products, discarded stale or rotten items, and issued 32 improvement notices.
Reliance Industries, led by Mukesh Ambani, has been penalized Rs 56.44 crore by the Joint Commissioner of Central GST in Ahmedabad. The company plans to appeal the decision, stating that the order disregards the classification of services. The penalty will not affect operations or business activities.
Vijay Singh, vice-chairman of Tata Trusts, believes his removal from the Tata Sons board was orchestrated by a group of trustees. He denies any connection to his opposition of the proposed listing and reveals tension within the board over control. Singh also notes the irony of being ousted less than a year after being reappointed by Ratan.
"Dhanush and Kriti Sanon's romantic drama, Tere Ishq Mein, has a blockbuster opening with Rs 5.65 crore gross on its first day. The film has received rave reviews and strong advance ticket sales, making it a potential Bollywood hit. Director Anand L Rai's expertise and the lead pair's chemistry have been praised, making it a must-watch.
Moody's Ratings predicts that India will lead growth in emerging markets and Asia Pacific, with a 7% GDP expansion in 2025 and 6.4% in 2026. Despite a weakening rupee, most rated companies have strong financial buffers and access to international markets. The region's average GDP growth is projected to be 3.4% in 2026, with emerging markets driving the growth at 5.6%.
Casagrand, a real estate company, is sending 1,000 employees on a fully sponsored trip to London as part of its annual reward program. The trip includes popular landmarks and a river cruise, reflecting the company's culture of sharing wealth and rewarding employees. The gesture has received praise from Internet users.
The new release Tere Ishq Mein by Anand L Rai, featuring Dhanush and Kriti Sanon, is receiving high praise for its romantic storyline and strong performances. Fans on Twitter are raving about the sizzling chemistry and emotional moments between the lead pair.
Meesho's IPO has created excitement in the market, with its GMP soaring and attracting investors. Priced at Rs 105-111 per share, the IPO will open on December 3 and close on December 5, with a tentative listing date of December 10. Early backers and founders are expected to gain from the issue.
Celina Jaitly says she is facing a tough time as she fights for her divorce and searches for her missing brother. In an emotional social media post, she vows to overcome all obstacles with courage, discipline, and resilience. She has accused her husband of domestic violence and is seeking Rs 50 crore in compensation.
Trump halts migration from "third world" countries and aims to end millions of illegal admissions following a shooting in Washington DC by an Afghan national. He plans to review green cards for nationals from 19 countries, including Afghanistan, and blames the Biden administration for the suspect's entry into the country.
Mumbai is currently experiencing high levels of air pollution due to a smog blanket covering the city. Despite the government's explanation of volcanic ash from Ethiopia, the Bombay High Court has dismissed it and residents are struggling with the poor air quality. The BMC is taking action against construction sites violating pollution-control norms.