Moody's Ratings reveals India's weak revenue growth due to tax cuts, limiting fiscal policy support. Only 43.3% of tax collection targets were met this fiscal year. Government efforts to boost consumption, like GST rate cuts and I-T rebate hikes, have been implemented. Domestic consumption and infrastructure spending drive the economy, but US tariffs may hinder future investments.
The government is exploring alternatives to the current tobacco product compensation cess, such as moving taxation outside of the GST system and implementing a new cess. Talks are ongoing between the Finance Ministry and Prime Minister's office, with no final decision made.
Crisil Ratings forecasts a promising outlook for data centre operators in India, projecting a significant revenue of Rs 20,000 crore by 2028. With major companies like Tata, Reliance Industries, and Adani Group investing heavily in hyperscaler data centres, the industry is set to thrive. The surge is fueled by the rise in public cloud usage, AI investments, and the widespread adoption of 5G.
A 65-year-old Thai woman, presumed dead and set for cremation, was found alive in her coffin. She had been bedridden for two years and her family and officials believed she had passed away based on local paperwork. However, while discussing a death certificate, staff heard knocking from the coffin. She was rushed to the hospital for urgent care and the temple offered support.
US Transportation Secretary Sean Duffy has called for air passengers to dress respectfully and avoid casual attire due to a rise in unruly behavior on flights. The pandemic has also caused a surge in incidents, with reports of fights and arguments with airline staff. While no formal dress code has been enforced, individuals are urged to take personal responsibility.
Google's Nano Banana tool sparked controversy when a customer used it to trick Swiggy Instamart customer care into giving them a full refund. Although the customer received one cracked egg, they used the AI-generated image of 20+ cracked eggs to fool the customer care, leading to a larger refund than expected.
Cricketer Smriti Mandhana has deleted all pre-wedding photos and videos from her Instagram following her father's hospitalisation on what was supposed to be her wedding day. Her fiancƩ, Palash Muchhal, was also briefly hospitalised. Amidst speculation of cheating, Palash's sister clarified that the wedding has been put on hold due to her father's health.
The government plans to introduce the Jan Vishwas Bill-3 to decriminalize minor business offenses and promote ease of living and business. The first edition of the law was implemented in 2023 and the government is now looking to implement the Jan Vishwas Bill 2025. Commerce Minister Piyush Goyal urged traders to suggest more provisions for decriminalization.
India's revenue collection falls short of budget expectations, with only 4.5% growth in the first half of FY26. Morgan Stanley predicts the second half to be crucial in meeting deficit target, and government may have to slow spending. Tax collection and fiscal deficit have slowed, while non-tax revenues have seen a positive surprise. Government plans to sell to make up for the shortfall.
Nuvama, a brokerage firm, has identified seven top-performing stocks in the pharma sector. These companies have shown strong revenue and earnings growth in the second quarter of the financial year 2026. Nuvama's top picks include Ajanta Pharma, IPCA Laboratories, Torrent Pharmaceuticals, Divi's Laboratories, Neuland Laboratories, Aurobindo Pharma, and Biocon.
White House Press Secretary Karoline Leavitt said on Monday that President Donald Trump has a āvery nuanced and commonsense opinionā about H-1B visas. She clarified that he does not support foreign workers replacing American employees.
Dharmendra's passing has left a void in the Indian film industry. He was a versatile actor who shone through his career, from playing iconic characters like Veeru in Sholay to being a part of Bimal Roy's Bandini. Director Ramesh Sippy convinced him to play Veeru, and the Jai-Veeru jodi was born.
Japanās government is reportedly planning to raise fees for visas and residential status starting in fiscal 2026. The move comes as the number of foreign residents in Japan has grown in recent years, the Japan Times reported. Officials said the goal is to bring Japanās fees closer to what Western countries charge.
The Kovidara tree, a hybrid of Mandar and Parijat trees, has been trending on Google after PM Modi's visit to Ayodhya, where he hoisted the "Dharma Dhwaj" flag atop the Shri Ram Janmabhoomi Temple. The flag features sacred symbols of Om, the Sun, and the Kovidara tree, representing core values of Sanatan Dharma.
A Delhi restaurant owner has accused Zomato of displaying "system-level bias" by making his outlet unavailable during peak hours while nearby outlets receive riders. He shares a video as evidence of "manipulation" in Zomato's rider allocation process, claiming it reflects a deeper bias. The owner also alleges that Zomato is playing a game to increase commission.
Emkay Global forecasts a significant rise in Gopal Snacks' stock by 51.5%, with a target price of Rs 500. The brokerage maintains a 'Buy' rating after discussing with the company's management. Despite a delay in Modasa commissioning, the company is expected to witness a rebound in sales and supply chain management. The management is determined to enhance margins and sales.
Jefferies maintains 'Buy' rating on LG Electronics India, Lupin, and Mahindra & Mahindra with potential upside of 21%. LG has strong presence in India's discretionary spending, Lupin expected to reach USD 1 billion revenue by FY2026, M&M to see growth in tractor industry and expanding SUV pipeline and new businesses.
Farhan Akhtar's 120 Bahadur, a historical war drama based on the 1962 Sino-Indian war, saw a 71% increase in earnings on its first weekend but faced a significant drop on Monday. The film received praise for its performances and depiction of the Battle of Rezang La, but with a budget of Rs 80-90 crore, it may struggle to recover its costs.
Sudeep Pharma's IPO, which closes today, has garnered attention for its grey market premium, allotment timeline, and potential listing price. Shares are currently trading at Rs 86 per share, indicating a potential listing price of Rs 679 and an estimated 14.5% upside over the issue price of Rs 593. The company is expected to have a successful listing.
Changpeng Zhao, better known as CZ, the billionaire founder of crypto exchange Binance,Ā is facing serious new accusations. A group of American citizens, whose family members were killed, hurt or kidnapped during the October 7, 2023, Hamas attack on Israel, has filed a complaint in a US federal court.
The Tata Sierra returns with a modern twist, taking on rivals like the Hyundai Creta and Kia Seltos. Blending nostalgia with advanced technology, the new Sierra launches today with internal combustion engine options. An electric variant based on Tataās acti.ev platform is planned for a future release.
Motilal Oswal maintains bullish outlook on Siemens Energy India, with a target price of Rs 3,800, due to strong demand in India's power transmission network and ongoing industry-wide capital expenditure. The company's order book and opportunities in the high-voltage transmission segment are expected to drive growth, with estimated CAGR of 30%, 39%, and 41% for revenue, EBITDA, and PAT until FY27.
Indian equity indices opened Tuesdayās trading session on a subdued note, with NSE Nifty 50 and BSE Sensex opening lower by 0.08% and 0.10% respectively. The Bank Nifty also opened lower by 0.06%. Midcap stocks were in line with benchmarks, with Nifty Midcap opening lower by 0.03%. Global cues are mixed, with U.S. markets rallying and expectations of a rate cut from the Fed.
Thousands of Canadian Sikhs stood for hours in Ottawa on Sunday in icy winds and snow as they waited to take part in an unofficial āKhalistan Referendum,ā with many holding bright yellow Khalistan flags, according to a Times of India report.
Bollywood legend Dharmendra, 89, passed away on November 24 after battling age-related illness. PM Modi confirmed the news, calling it the "end of an era in Indian cinema". Tributes poured in from actors like Amitabh Bachchan, Shah Rukh Khan, Salman Khan, and Aamir Khan, who attended the funeral. SRK, in an emotional post, called Dharmendra a father figure and honoured his legacy in Indian cinema.
Bollywood actor Dharmendra passed away at the age of 89, leaving behind a legacy of over 300 films and an irreplaceable presence in the hearts of fans. Bollywood actor Amitabh Bachchan penned a heartfelt tribute, remembering Dharmendra's simplicity, warmth, and larger-than-life persona. Fans shared their emotional reactions, with many recalling the iconic Jai-Veeru friendship from film Sholay.
A big rise in Alphabetās share price has reshuffled the worldās wealth rankings once again. As the companyās stock kept climbing this week, thanks to the excitement around its newest AI model, one tech cofounder quietly moved past Oracleās Larry Ellison to become the second-richest person on the planet.Ā
For the first time in decades, Americans with four-year college degrees make up a full quarter of the total unemployed, Bloomberg reported. The latest government data shows a clear slowdown in white-collar jobs this year.
The Directorate General of Civil Aviation (DGCA) on Monday issued a strict advisory to all Indian airlines after a massive ash cloud from Ethiopiaās Hayli Gubbi volcano drifted into Indian airspace. The volcano erupted on Sunday for the first time in over 12,000 years, recording an ash plume nearly 45,000 feet high, moving northeast at 100ā120 km per hour.
Apple Inc. recently laid off dozens of employees in its sales teams, Bloomberg reported on Monday. The move is aimed at streamlining the companyās approach to selling products to businesses, schools, and government organisations.
Vivek Ramaswamy, an Indian-origin US politician, rose to fame last year during his presidential bid. He ultimately joined Donald Trump's side and is now running for Ohio's governor. His net worth has seen a significant surge, thanks to his old pharmaceutical company, Roivant Sciences. Ramaswamy also has investments in other companies, including Chapter and Strive Asset Management.
The Ministry of Labour and Employment will implement four Labour Codes on November 21, 2025, to modernize laws and safeguard vulnerable workers. These codes will simplify compliance, improve enforcement, and extend protections to gig and platform workers. They also bridge the gap between formal and informal work, providing basic social protection for the younger workforce.
Dutch tech investor Prosus saw significant growth in India, with a 20% revenue increase and reduced Ebitda losses in the first half of FY26. The company also made investments in Rapido and Ixigo, while CEO Fabricio Bloisi emphasized their dedication to building a lifestyle e-commerce ecosystem in India.
Trai has disconnected and blacklisted over 2.1 million mobile numbers and 100,000 entities involved in spam and fraud. The regulator urges users to report spam calls through the Trai DND app to permanently disconnect numbers.
Indian households' net financial assets hit a record low in FY23 due to the pandemic but have since rebounded due to increased incomes and economic growth. This has led to a decrease in indebtedness and a rise in investments in equities. The shift towards NBFCs for loans against gold jewellery also suggests a change in credit demand.
Accel and Google have teamed up to launch Atoms AI Cohort 2026, a program offering technical and financial support to Indian AI startups. Selected companies will receive up to $2 million in co-investment, $350,000 in compute credits, and access to Google and Accel's networks for global exposure.
CJ George, founder and Managing Director of Geojit Financial Services, discusses the rise of discount brokers and regulatory changes in the industry. He advises young investors to have a long-term investment mindset with high exposure to equities.
India's capital expenditure is on the rise, with the Centre's capex increasing by 40% in the first half of FY26. States like Maharashtra, Madhya Pradesh, and Gujarat are also increasing their capex. The private sector is showing signs of recovery with a 11% increase in aggregate capex and a 15% increase in the manufacturing sector.
Bharti Airtel's impressive 12% revenue growth in the September quarter was attributed to a stronger subscriber mix and better pricing absorption. The telco's average revenue per user also increased by 10%, thanks to higher-quality subscribers.
The Code on Social Security, 2020 aims to provide social security benefits to gig and platform workers in India, addressing their lack of protection under labor laws. However, its success will depend on effective implementation and balancing regulation of the gig economy. Concerns remain about definitions and potential impact on both platforms and workers.
The RBI's November bulletin shows a rise in the total cost of capex projects sanctioned by banks and FIs in Q2FY26, signaling increased investment optimism among private corporations. Power, construction, roads, and bridges were the main areas of investment, with a rise in funds raised through ECBs and IPOs.
Ruchir Sharma, a global investor and head of The Rockefeller Foundation, views the current AI-driven stock market surge in the US as the most despised bubble ever. He cautions against overvaluation, over-investment, over-leverage, and over-ownership, citing research by Nobel laureate Robert Shiller.
At the 2025 G20 summit, Canadian Prime Minister Mark Carney discussed Canada's efforts to become more economically independent due to ongoing tariffs and protectionist policies from US. Despite strained economic relations, cooperation in defence and counterterrorism remains strong. Canada is diversifying its trade and reducing reliance on the US market, while ongoing trade negotiations continue.
Passive schemes saw a significant increase in net inflows in FY25, but the enthusiasm has slightly decreased in FY26 as investors are now seeking higher returns through actively-managed funds. The decline in NFOs and the increase in institutional adoption of passive products suggest a strong long-term outlook.
SEBI has proposed to exclude zero coupon zero principal bonds and delisted securities from determining eligibility for basic services demat accounts (BSDA) of small investors. It will also reassess the eligibility of existing BOs for BSDA and consider the price of illiquid securities for determining eligibility. These measures aim to promote financial inclusion and maintain fairness for investors.
Colgate-Palmolive India is prioritizing premiumisation in urban markets and targeting the lower end market with price cuts and regional brands. It faces competition from Dabur and HUL, but is launching new products in both segments. Despite revenue decline, the company expects recovery in the second half of FY26 and is maintaining its margin through cost control and brand investments.
Indian rupee rebounds from all-time low with support from RBI, but weak sentiment remains due to US-India trade deal delay. Rupee rose 17 paise on Monday, but still down 4.42% in FY26.
Air India Group CEO and MD Campbell Wilson anticipates 2026 as a crucial year for the airline's transformation, with a focus on upgrading its wide-body fleet. While capacity will remain the same in 2026, a significant increase is expected in 2027-28 due to the induction of new aircraft and retirement of older ones.
RBI Governor Sanjay Malhotra proposes a repo rate reduction, considering favorable economic indicators. The upcoming Monetary Policy Committee meeting will decide on this. With inflation at a record low of 0.25%, there is scope for more rate cuts. The governor stresses on maintaining price stability and promoting growth as RBI's main goals.
Thanksgiving travel across the US is expected to be disrupted by heavy rain, thunderstorms, and wintry weather. Major cities like Chicago, New York, and Washington DC may experience delays and cancellations. The Great Lakes region and northern states will also be affected by snow and wind, while the NYC parade may see showers. Travellers are advised to stay updated on weather conditions.