Billionaire Barry Sternlicht cautions that New York City may turn into Mumbai under Mayor Zohran Mamdani's socialist policies. These include a rent freeze and tenant protections, which could drive away investors and harm the housing market. Mamdani's platform also includes a rent freeze, higher corporate taxes, and increased social benefits, despite living in a small rented room himself.
October CPI inflation dropped to 0.25%, the lowest on record since 2015, due to the impact of GST reduction and favorable base effect. Food inflation also declined to -5.02%. Rural and urban areas both saw a decrease in inflation, with food prices falling in both regions. Other sectors such as housing, education, and transport also saw a decrease in inflation.
India's air passenger traffic grew 2.6% in H1FY26, with domestic traffic increasing 1.6% and international traffic growing 6.9%. The projected passenger traffic for FY26 has been revised to 43 crore. Operating income is expected to increase, leading to a 40% growth in PBILDT for 11 airports. The airport sector has a favourable outlook with a CAGR of 8-9% over the medium term
SpiceJet, a low-cost carrier, reported a widening consolidated net loss of Rs 621.49 crore in Q2FY26 compared to Rs 458.26 crore in Q2FY25. The airline's consolidated revenue from operations also declined by 13% to Rs 792 crore. However, the company expects positive financial performance 2HFY26. The airline's bottom line was affected by multiple factors.
Red Fort blast: Several countries have updated their travel warnings for India after a deadly car explosion near Delhi’s Red Fort on Monday evening. The incident left 13 people dead and 21 others injured. The explosion happened around 6:52 pm, right during rush hour, near the busy Lal Qila Metro Station, an area often crowded with tourists and locals.
Delhi police on high alert after car blast near Red Fort metro station. Suspects have a red Ford Eco Sport car in addition to the Hyundai i20. Over 1,000 CCTV footage clips scanned, suggests suicide attack. Security heightened in Delhi, UP, Bihar, and Mumbai. Social media and mobile phone data being monitored by investigative agencies.
Marriott's partnership with Sonder ended abruptly due to Sonder's bankruptcy, leaving hotel guests from Boston to Dubai stranded mid-stay. Guests were forced to vacate their rooms and retrieve their belongings from plastic bags in the hallways. Sonder's integration with Marriott's booking system reportedly led to a decline in revenue, causing the company to file for liquidation.
Indian batter and wicket-keeper, Dhruv Jurel, is set to play the test match against South Africa at Eden Gardens, Kolkata. Ryn Ten Doeschate, assistant coach of men’s cricket, confirmed the news during a press conference. Jurel's impressive performance in the West Indies series and his recent form in first-class cricket has solidified his spot in the playing XI.
Ashok Leyland reported a 6.93% increase in net profit at Rs 819.70 crore in Q2FY26 compared to the same period last year. Revenue also saw a significant rise of 9.40% at Rs 10,543.97 crore. The company declared an interim dividend of Rs 1 per share and recorded an EBITDA of Rs 1,162 crore.
Hindustan Aeronautics (HAL) reports a net profit of Rs 1,669.05 crore in Q2FY26, a 10.50% increase from the previous year. Revenue also saw a 10.92% rise, with a 20.62% increase in net profit and 37.55% increase in revenue from the previous quarter.
A panel recommends that India's market regulator chairman and senior officers disclose their assets and liabilities to increase transparency. Applicants for the position must also disclose potential conflicts of interest to the Finance Ministry. The report, if accepted, would align SEBI with global standards. The panel was formed after the previous chief faced conflict of interest allegations.
Nagarjuna Akkineni, a veteran actor with a successful career of three decades, has won hearts in both Telugu and Bollywood films. He has also built a successful empire outside of movies, including a lavish bungalow worth Rs 45 crore in Hyderabad's Jubilee Hills area.
Asian Paints, the largest paintmaker in India, saw a significant 46.79% YoY profit growth in Q2 FY26, with a consolidated net profit of Rs 1,018 crore. The company also reported a 6.3% YoY revenue growth, reaching Rs 8,513 crore. Despite challenges posed by the monsoon, the domestic decorative business showed a double-digit volume growth of 10.9% and a 6% increase in value. This
Vodafone Idea's Q2 results and Supreme Court order on AGR dues brought relief, but the telecom company still faces challenges. With mounting losses and no funding, VI is working with the government and banks to ease its financial burden. However, resolving the AGR dues issue is crucial for securing debt funding and ensuring survival.
Kotak Institutional Equities predicts a turning point for India Inc as Q2 performance shows mixed results, with select sectors showing improved earnings. They expect a 10% growth in Nifty 50 profit for FY26 and 17% for FY27. Q3 is expected to see improved consumer sector volumes, while IT companies remain cautious. The brokerage has increased weights for Reliance and L&T.
Indian benchmarks closed higher for the third consecutive session, with the Nifty 50 and Sensex ending 0.70% and 0.71% higher, respectively. Banking, midcap, and smallcap stocks also saw gains, while global equities rallied on renewed risk appetite. Large-cap stocks in the auto, IT, and pharma sectors led the gains, reflecting improved global sentiment.
Influencers, content creators, and YouTubers have become major players in the entertainment industry, with many now endorsing brands and appearing on billboards. The 'social media dream' has made becoming a creator more desirable than entering showbiz. Kusha Kapila, Tanmay Bhatt, Diipa Khosla, Bhuvan Bam, and Ranveer Allahbadia are prime examples of successful creators turned entrepreneurs.
Novo Nordisk, a Danish pharma company, has lowered the price of its anti-obesity drug, Wegovy, by up to 37% in India to compete with rival Eli Lilly's drug, Mounjaro. Mounjaro has been the top-selling drug in India, with sales of Rs 100 crore in October. GLP-1 drugs like Wegovy and Mounjaro promote weight loss and are prescribed for obesity and diabetes.
Netflix has opened its first 'Netflix House' in Philadelphia. The arena features pop-culture corridors & K-pop snacks. The grand atrium is adorned with Netflix's signature red envelope, leading to a Tudum Theatre and immersive experience centres inspired by One Piece and Wednesday. The venue also includes a mini golf course, virtual reality area, and a Netflix Bites restaurant.
Al-Falah University has denied any involvement in the Red Fort blast case and condemned the incident. It said that it is cooperating with authorities and has distanced itself from those arrested, reaffirming its commitment to national security and providing a peaceful environment for students. Two doctors affiliated with the university have been arrested.
Belém, Brazil: Dozens of Indigenous protesters stormed the entrance of the COP30 climate summit in Belém on Tuesday, demanding strict action to protect forests and Indigenous lands. The situation turned chaotic and concerning as they clashed with security guards outside the venue, CNN reported.
India falls to 131st rank in World Economic Forum's Global Gender Gap Index 2025, due to slow progress in gender parity and challenges in political representation and economic participation of women. Despite a slight improvement, the country's score is below global and South Asia averages. Published annually, the Global Gender Gap Report highlights India's struggle for gender equality.
The highly anticipated sequel to De De Pyaar De, starring Ajay Devgn, is set to open with a strong start based on advance booking trends. Fans are excited for the new story and familiar faces, and the film has already earned impressive numbers in just 24 hours. A new character in the mix adds an intriguing twist.
Delhi's air quality has reached 'severe' levels, prompting the implementation of Stage III of GRAP by CAQM. This includes restrictions on vehicles, construction, and other emission sources. The Delhi Police has released a list of allowed and banned vehicles, with a focus on essential services and goods.
Amazon’s latest round of layoffs has hit New York City hard. According to official records from the New York State Department of Labor, the company has slashed 660 jobs across nine corporate office locations in Manhattan during its massive October job reduction drive.
The Indian markets are experiencing a buoyant session today, with the benchmark indices led by the tech sector. The Nifty has crossed the important 25,900 mark and the Sensex has gained over 700 points. The small, midcap indices are also performing well. The positive sentiment is attributed to the Bihar exit polls and signs of progress in India-US trade talks, with tech leading the charge.
Zhong Huijan, the third-richest self-made woman in the world and 16th richest person in China, has achieved success as the co-founder of Hansoh Pharmaceutical Group. Her leadership has propelled the company to become the top producer of psychotropic drugs in China and venture into other areas like oncology and anti-diabetic medicines. Her net worth has increased during the pandemic.
Jimmy Kimmel's childhood friend and bandleader, Cleto Escobedo III, passed away at 59. They had been friends since age 9 and worked together for almost 20 years. Cleto was a talented musician from a musical family and a beloved member of Kimmel's show. Kimmel canceled his show and shared a heartfelt tribute on social media.
Zubeen Garg’s final film Roi Roi Binale has made history by becoming the highest-grossing Assamese movie ever, collecting ₹16.66 crores within just 12 days of release. The musical love story, directed by Rajesh Bhuyan and co-produced by Garima Saikia Garg, has captivated audiences across India with sold-out screenings and rave reviews.
Four exit poll agencies have not yet released their predictions for the Bihar Assembly elections, which had a high voter turnout of over 71%. The final phase of voting had 1,302 candidates competing in 122 constituencies across 20 districts, with female voters outnumbering men by 9%. Other exit polls suggest a clear win for the NDA.
India's Q2FY26 auto sector performance was mixed due to festive season, rare earth supply issues, and GST cut. Kotak Institutional Equities remained 'cautious' due to structural headwinds in passenger vehicle sales. Weak demand in passenger vehicles, but strong growth in two-wheelers. Northern and western regions saw recovery, while southern and eastern regions had slower growth.
Jagdish Kataria, father of a victim in the Red Fort Car blast, discussed the incident and expressed uncertainty about it being a terror attack. The victim was waiting for a taxi when the blast happened. A Jaish-e-Mohammed module is being connected to the explosion, resulting in multiple arrests and the discovery of a large amount of weapons and explosives.
The GTRI report advises India to first lift the sanctions on Russian oil and negotiate a rollback of the 25% tariff with the U.S. before resuming trade talks. This would enhance India's export competitiveness and benefit key industries. The report also suggests waiting for the U.S. Supreme Court's decision on Trump's tariffs before finalizing a fair trade deal.
US President Donald Trump seems to be taking a softer tone on the H-1B visa issue, just weeks after sparking outrage by announcing a massive $100,000 fee on visa applications. In a recent Fox News interview, Trump appeared to shift his stance, saying he supports bringing in “talented people” from abroad to take on specialised roles that require advanced skills.
Bihar has recorded its highest voter turnout since 1951, with 66.91% in the first two phases of the assembly election. The state also saw its highest female voter turnout at 71.6%. The results will be announced on November 14, with a total of 7.25 crore people voting. The Election Commission of India has reported a total of 8.5 Lakh polling-related staff, 1.4 lakh polling agents.
Police have detained Maulvi Ishtiyaq, a key figure in the 'white collar' terror module responsible for the Red Fort car blast. He is the ninth person to be detained and was staying in the same university complex where explosives were found. Authorities are reviewing CCTV footage to find any links to the suspects. the Maulvi has now been taken to Srinagar for questioning.
Jeff Goldblum's role in 'Wicked' led him to adopt a vegan lifestyle, along with co-stars Ariana Grande and Cynthia Erivo. He shared the positive effects it had on his body, but experts caution about potential nutrient deficiencies in a vegan diet.
Akshay Kumar and Arshad Warsi's Jolly LLB 3, directed by Subhash Kapoor, breaks records as the highest-grossing film in the franchise with Rs 116.75 cr at the Indian box office and Rs 170.8 cr worldwide. The courtroom drama will now be available for digital streaming on Netflix and JioHotstar, following the trend of dual platform releases.
BCCI tells Virat Kohli and Rohit Sharma to participate in domestic one-day tournaments to maintain match readiness for international cricket. Rohit confirms availability for Vijay Hazare Trophy, while Kohli's status remains uncertain. Ajit Agarkar stresses the importance of domestic cricket for all players, including seniors.
Vodafone Idea is in talks with the government to tackle its Rs 78,500 crore AGR debt and secure long-term funding. The recent Supreme Court ruling has given the company the opportunity to review its AGR dues. Despite facing financial challenges, the company has shown progress with reduced losses and plans for expansion.
Women in the Afghan city of Herat have been told to wear a burqa, a full Islamic veil that covers the entire body and face, if they want to enter public health facilities, according to Médecins Sans Frontières (MSF), cited by the BBC. According to the medical charity, the new rule came into effect on 5 November, and it is already having a visible impact on women’s access to healthcare.
Prem Panicker, a veteran journalist, is leaving Bengaluru after 15 years to move to Kochi. He thanked the city for the happy memories and said that he would be less active online due to the move. Social media users bid him farewell, and some even see Kochi as their retirement destination.
Bollywood actor Dharmendra has been discharged from the hospital after battling breathing difficulties for weeks. Family members Hema Malini and Bobby Deol rushed to take him home, following rumours of his passing. Several Bollywood icons visited him during his hospital stay.
Reliance Infrastructure, a company under Anil Ambani Group, reported a rise in consolidated net profit, profit before tax, EBITDA, and total income in Q2 of FY25. Its net worth also increased by 14% and it plans to raise funds through FCCBs. The company's operational highlights include growth in power distribution and Mumbai Metro ridership, but it faced legal issues.
Valentino Luchin, a celerbated chef from Lafayette, shocked his community in May 2018 when he was arrested for robbing a Citibank branch in Orinda, Northern California, NYT reported. Wearing a black hoodie, sunglasses, and latex gloves, Luchin walked into the bank carrying a duffel bag and pointed a gun at the staff.
A blast in Old Delhi has left the entire nation in shock. Thirteen people were killed and several were injured near the Red Fort, with survivors recounting the harrowing moments. Victims include a cab driver who lost his car, two women on their way to a temple, and a daily-wage worker. The government has vowed to bring the perpetrators to justice.
Actor Govinda was rushed to CritiCare Asia Hospital after losing consciousness. He was given an SOS medication and taken to the Emergency ward at 1 AM. Govinda, who had suffered a bullet injury last year, visited veteran actor Dharmendra at Breach Candy Hospital. Rumours about Govinda's health have sparked, while Dharmendra remains in the ICU for respiratory problems.
Haq, a courtroom drama based on the landmark Shah Bano case, has received a lukewarm response at the box office, facing tough competition from Rashmika Mandanna's The Girlfriend. Yami Gautam's performance has been praised, with fans even calling for a National Award. Despite a strong opening and a 91.43% hike over the weekend, Haq's collection dipped with the weekday slowdown.
Delhi's air quality has reached "severe" levels with an AQI of 428, the first time in 2025. The delay in releasing data by CPCB is unexplained. The "severe" AQI poses health risks, leading the Delhi government to announce the closure of schools.
