Indian rupee in free fall mode, hits historic low against Dollar. Depreciated by over 5% this year due to slowdown in capital inflows and limited RBI support. Adverse tariff actions by US and record-high metal and bullion prices worsen import bill. Soft FDI and external borrowings also contribute to rupee's weakness. All eyes on RBI MPC meeting for possible intervention.
BEML, a defence PSU, secures a Rs 157 crore order to produce switch rail grinding machines for Loram Rail Maintenance India, ensuring safer and smoother train operations. Additionally, they received a Rs 414 crore order for trainsets for the Bangalore Metro project.
Madhuri Dixit, a Bollywood legend with over 70 films and renowned for her dancing abilities, is an Indian cinema icon. Her career has brought her great wealth, including a beautiful sea-facing apartment in Mumbai. Her home's minimalist design, adorned with colorful accents and prized paintings, reflects her and her husband's modern taste.
IIM Kozhikode will release CAT 2025 answer key today on the official website. The exam had 86% attendance on November 30. Candidates can download the provisional answer key and raise objections from December 8 to 10. Final answer key will be released after considering valid objections. The question paper had 68 questions in total, with 24 in VARC.
Indian equity benchmarks closed higher on Thursday, with the Nifty 50 and BSE Sensex both ending the day in the green. The Nifty Bank, however, settled lower. The small-cap and mid-cap stocks also closed the trade on a lower note. Out of 3,214 trading stocks, 1,381 advanced while 1,746 declined. Tech Mahindra was the top gainer, while IndiGo was the biggest loser.
An Indigo flight from Madinah to Hyderabad was diverted to Ahmedabad due to a bomb threat received by the airline. The flight, carrying 180 passengers and 6 crew members, landed safely and all passengers were evacuated for security checks. The threat was traced back to an email and authorities conducted a thorough search of the aircraft. No suspicious objects were found.
Suzlon Group will establish three AI-powered blade factories in Gujarat, Karnataka, and a yet-to-be-determined location to meet the rising demand for wind equipment in India. These smart factories will be funded by the company's internal accruals and will generate 3,000 direct and 12,000 indirect jobs. Suzlon's goal is to enhance productivity, quality
Lenskart Solutions, listed on November 10, is trading near its listing levels. Despite IPO valuation concerns, Ambit Institutional Equities rates it 'Sell' with a target price of Rs 339, while Jefferies rates it 'Buy' with a target price of Rs 500. Ambit thinks it's overvalued compared to peers, but Jefferies sees potential for growth.
Deutsche Bank predicts significant gains for precious metals in the coming years, with gold set to reach $4,450 an ounce and silver averaging $55.1 in 2026. The bank cites investment-led demand and a slow supply response as key factors driving up prices, with China's central bank leading the buying cycle. Silver is expected to outperform gold, while platinum faces a supply deficit.
Tamil cinema legend AVM Saravanan, known for founding AVM Studios and launching the careers of Rajinikanth and Kamal Haasan, passed away at 89 due to age-related illness. He was hailed by Chief Minister MK Stalin and actors Rajinikanth, KR Vijaya, Sivakumar, Vishal, and Suriya. He expanded AVM Productions beyond Tamil cinema and also served as Sheriff of Madras in 1986. His notable films include
Spotify's 2025 recap highlights Arijit Singh's debut in the top ten global artists, along with Taylor Swift and Bruno Mars. Singh also claims the top spot in India for the seventh year in a row, while independent artists gain recognition. Raj Shamani and Ranveer Allahbadia dominate the podcasting scene.
New Delhi’s five-star hotels are seeing full occupancy and record-breaking room rates ahead of Russian President Vladimir Putin’s visit. The city is hosting multiple major events at the same time, including a taxation meet at Bharat Mandapam, a paper expo at Yashobhoomi, a UNESCO conference, and several high-profile weddings.
Sudhir Kumar is the Director of Romulus Solutions, who bid Rs 1.17 crore for a VIP number plate, reportedly making it the country's most expensive registration plate. He, however, failed to deposit the amount on time, owing to technical glitches. This led to a government investigation into his assets. The Haryana Transport Minister has ordered an inquiry to ensure bidders can afford their bids.
TMC suspends MLA for controversial comments on building a mosque on Babri demolition anniversary, accusing BJP of trying to polarize Bengal before elections. Kabir intends to resign and form a new political outfit, while BJP leader Ghosh declares no mosque will be allowed in Babur's name. TMC claims Kabir's actions go against party's stance on avoiding divisive politics.
The Andhra Pradesh government has given land to Adani Infra and Google's Raiden Infotech to build 1 GW AI data centres in Visakhapatnam and Anakapalli. The project will cost Rs 87,500 crore and receive incentives of Rs 22,000 crore. The data centres will be built to Google's standards and consume electricity equivalent to 50% of Mumbai's.
Vladimir Putin’s eating habits have long fascinated observers, not just for their simplicity but for their discipline. His diet—built around high-protein breakfasts, minimal sugar, fermented dairy, and almost no dinner—reflects a strict routine that mirrors his public persona.
Ranveer Singh's comeback film Dhurandhar, a spy thriller based on the Kandahar hijack, has a huge budget of Rs 280 crore and has been generating buzz due to its genre and storyline. Despite facing legal challenges, the film's advance booking numbers are estimated to be around Rs 4.24 crore. Fans are eagerly waiting for its release on December 5.
Motilal Oswal predicts a bright future for JSW Steel, Aurobindo Pharma, and Adani Ports and SEZ, with potential upsides of 18%. These companies are expected to see improved financial performance in the next few years due to restructuring, new growth avenues, and rising demand.
Nvidia Corp has successfully avoided a restriction on exporting AI chips to China, as the GAIN AI Act was left out of the upcoming defense authorization bill. The company's lobbying efforts and CEO's visit to Washington were crucial in this decision, while the White House is still reviewing the export of H200 chips to China.
IndiGo's flight cancellations have caused chaos and inconvenience to passengers, with over 150 flights cancelled and many delayed. The Airline Pilots’ Association of India has accused IndiGo of using this as a pressure tactic to weaken FDTL norms. They have urged the DGCA to consider pilot availability when approving schedules. IndiGo has been summoned by the DGCA.
Mamta Singh, a nonprofit leader, becomes the first Indian-American elected to public office in Jersey City, a city with the highest percentage of Indian ancestry in the US. Her victory was announced alongside the mayoral win of Council member James Solomon. Singh's campaign focused on affordable housing, safer streets, and transparent government.
House Democrats have released disturbing photos and videos from Jeffrey Epstein's private island, showing both the exterior and interior of the infamous establishment. The visuals include a framed photo of Epstein and Ghislaine Maxwell with Pope John Paul II, a questionable room with a dentist chair and male figure face masks, and a blackboard with words like "Power" and "Deception."
InterGlobe Aviation, the parent company of IndiGo, experienced a 2% decrease in share price due to a major operational breakdown causing flight cancellations and delays nationwide. The airline is under investigation and has made temporary changes to flight schedules. IndiGo has apologized and is working to resume normal operations, but its share price has been affected in the past 5 days.
India's mutual fund market has grown rapidly, but total expense ratios (TERs) have not changed. SEBI's proposed changes to TER norms could lead to savings for investors and boost investments, contributing to GDP growth. It also emphasizes the need for Indian mutual fund costs to be more competitive globally.
Navneet Kumar Sehgal, the Chairman of Prasar Bharti, has resigned from his post with more than a year left in his three-year term. The Ministry of Information and Broadcasting has accepted his resignation with immediate effect. Sehgal, a retired IAS officer, was chosen for the role by a committee headed by his extensive experience in administration and policy reforms.
Russian President Vladimir Putin is visiting India on December 4–5 for the 23rd India–Russia Summit. Putin is returning to India after four years, and both countries are preparing to make this visit go smoothly.
A woman from Manipur shared that her sister allegedly faced harassment by a passport officer, saying no one should be made to prove their identity beyond valid documents in their own country. She claimed that her sister showed valid documents, including Aadhaar Card, PAN Card to the official.
Indian markets at crossroads as Nifty and Sensex hit new highs, while small and midcaps lag behind. IPO market shows promise, but FPIs are selling. Kotak Mutual Fund predicts double-digit earnings growth in FY27. Nifty earnings recovery expected in second half of FY26, overall growth projected to recover in FY27. FPIs expected to be buyers in 2026, driven by strong earnings growth.
Shah Rukh Khan, the 'king' of Bollywood, is facing backlash for his involvement in lavish weddings and paid performances. A recent video of him refusing to do a signature action from a pan masala ad at a wedding has reignited the debate over his 'badshah' title. This follows a controversy involving SRK and other actors promoting a misleading product. Netizens are divided in their opinions.
Next year, the United States will take the reins of the Group of 20 major economies (G20) for the first time since 2009, according to a press release from the Department of State. The summit will coincide with America’s 250th anniversary and will be held in Miami, Florida, at a golf resort owned by President Donald Trump, said Secretary of State Marco Rubio.
The Trump administration has implemented stricter measures for H-1B visa applicants, including thorough scrutiny of LinkedIn profiles and resumes. Family members will also be investigated for any ties to censorship or disinformation. The policy targets skilled workers from India and China and aligns with Trump's accusations of government censorship.
Passengers across India were left frustrated and angry on Wednesday as Indigo cancelled more than 100 flights and delayed many others. Airports like Mumbai, Bengaluru, and Pune saw long queues and chaotic scenes.
Sitarist Anoushka Shankar, a 14-time Grammy nominee, expressed her frustration on Instagram after her sitar was damaged on an Air India flight. Despite being packed in special cases and paying a handling fee, her instrument had a long, deep crack running across the tumba.
Russia and India are set to sign a development program for strategic cooperation in the economy by 2030 during Russian President Vladimir Putin's state visit to India. The visit marks the 25th anniversary of the strategic partnership between the two countries and aims to strengthen ties in various sectors such as energy, industry, space, and agriculture.
'Dr. Salvador Plasencia, known as 'Dr P,' sentenced to 2.5 years in prison for supplying ketamine to Friends star Matthew Perry, who died from overdose in 2023. Plasencia and four others plead guilty for illegally obtaining and distributing the drug, with one defendant injecting Perry multiple times on the day of his death. Case highlights the dangers of drug abuse.
Russian President Vladimir Putin's visit to India is highly anticipated as India faces pressure from the US to distance itself from Russia. The meeting with Prime Minister Narendra Modi will cover energy, trade, and defence deals, as India navigates its relationships with both countries. India's decision on this matter could have a major impact on its future.
US President Donald Trump announced on Wednesday that he is ending Joe Biden’s federal fuel economy standards, Fox News reported. These rules, known as CAFE standards, decide how fuel-efficient new cars and light trucks must be.
AN F-16 fighter jet from the US Air Force’s Thunderbirds team crashed in the Southern California desert on Wednesday morning, ABC News reported. Video showed pilot ejecting moments before the jet went down.
South Africa made history by chasing down a huge target of 359 runs in Raipur. Despite India's strong batting, their bowlers failed to take advantage of the pitch, leading to the Proteas' victory. The game saw many records being broken, with Virat Kohli surpassing Sachin Tendulkar and Rahul Dravid to become the player with the most 50+ scores against South Africa.
Uday Kotak, founder and director of Kotak Mahindra Bank, urged Indian businesses to break out of their comfort zone as the rupee hit a record low against the dollar. He attributed the decline to foreign institutions selling Indian equities, which have been on a buying spree. The rupee is one of Asia's worst performers, with foreign investors selling $17 billion worth of stocks this year.
India's paper sector is thriving, with projected growth in demand and production capacity by 2030. It is a key source of rural employment, MSME development, and plays a vital role in packaging and education. The government is promoting renewable energy and carbon-neutrality in the industry, highlighting India's environmental commitment.
India's rapid adoption of AI has transformed automation and data solutions in research, enterprises, and startups. To ensure sustainability and long-term business resilience, leaders must avoid overengineering AI, invest in sustainable infrastructure, manage data value, prioritize people, and measure AI sustainability metrics.
India's Women's Cricket World Cup win has opened up immense commercial prospects for women's sports, with a projected global revenue of $2.35 billion by 2025. Top players like Jemimah Rodrigues and Smriti Mandhana have witnessed a surge in endorsement values, with Mandhana charging Rs. 2 crore per brand. Sponsorships and digital viewership have also seen a boost.
Indian IT workers were once known as "cyber coolies" for their menial tasks, and now there are fears of a similar fate in the age of AI. However, efforts are being made to develop homegrown AI models and India's position in the ecosystem is adaptable. To avoid the label of "bot coolie," Indian companies must prioritize AI development.
IIT K kicks off 2025-26 placement season with record-breaking 672 job offers on first day, 16% increase over last year. 253 PPOs, 9 international offers. Over 250 companies, including Accenture, BlackRock, HSBC, SAP, Airbus, PwC, Navi, Qualcomm, Deutsche Bank, show interest. IITs Roorkee and Madras also see positive trend with top firms returning after two muted years.
Mohit Sharma, the Indian fast bowler, announced his retirement from all forms of cricket, including IPL, in an emotional Instagram post. He thanked his support staff, friends, and family for shaping his journey from Haryana to the international stage. Despite playing for multiple IPL teams, he never won the championship title.
The Dells have donated $6.25 billion to the Trump Accounts, a federal program providing $1,000 investment accounts to American babies. The initiative, part of the One Big Beautiful Bill Act, aims to reach 80% of eligible children in 75% of US ZIP codes. The money can be used for education, retirement, or starting a business after turning 18.
CrowdStrike, a US-based cybersecurity firm, is expanding in India through partnerships with major tech and consulting companies like Infosys, Wipro, TCS, HCL, and Cognizant. Their aim is to reach $5 billion in annual revenue by 2026, with a focus on AI and digital transformation.
Healthify and Novo Nordisk India have joined forces to offer personalized nutrition assistance to GLP-1 medication users. They have also launched Ria Voice, an AI health coach powered by OpenAI. With the increasing adoption of GLP-1 drugs in the US and decreasing prices in India.
India and Russia aim to improve their trade ties by focusing on sectors like engineering goods, pharmaceuticals, chemicals, and agriculture. Currently, India's exports to Russia make up only 2.3% of their imports, leading to a trade deficit of $59 billion.
Experts predict that the rupee's depreciation will have a small effect on the prices of crude oil, fertilisers, and edible oils, while overall inflation remains low. The government plans to raise fertiliser subsidies to maintain stable prices and protect farmers from inflation. Economists have differing opinions on the impact of a weaker rupee, but it is expected to affect inflation.