Former RBI Governor Raghuram Rajan cautions against the negative impact of US's hostility towards universities and foreign students, emphasizing their crucial role in America's economic leadership. He warns that recent actions by the Trump administration, such as freezing visa interviews and targeting university endowments, could harm job growth and drive future innovators away.
The government is planning to launch the initial public offering (IPO) of Export Credit Guarantee Corporation (ECGC) in the current financial year to increase its market value and raise capital for expansion. ECGC reported a net profit of Rs 2,077 crore in FY25 and has a strong financial position with a solvency ratio of 57.13.
SEBI and panchayati raj ministry have joined hands to impart financial literacy to sarpanches and officials at panchayat levels in six states. The training will cover topics like financial planning, investment in equities and mutual funds, budgeting, savings, and safeguarding against fraudulent schemes.
Foreign investors are increasingly investing in Indian government securities, with a record high of Rs 13,397 crore in October. This is due to a stable rupee, potential trade deal, favorable interest rates, and expected monetary easing. FPI holdings in government securities have also reached a record high, attributed to attractive yields and the RBI's efforts to manage the rupee.
Three 22-year-old high school friends, two of Indian origins, have become the world's youngest self-made billionaires with their AI startup Mercor reaching a valuation of $10 billion. Co-founded by Brendan Foody, Surya Midha, and Adarsh Hiremath, Mercor raised $350 million in a new funding round. The company builds AI-powered recruitment and data-levelling systems.
JPMorgan Chase CEO Jamie Dimon has emphasised the importance of in-person work for younger employees, as remote work limits mentorship and learning opportunities. This comes after 2,000 employees signed a petition for a hybrid work model. Dimon, who has been Chairman and CEO since 2006, graduated from Tufts University and earned an MBA from Harvard Business School.
Indian stock markets are expected to have an eventful week, with key data releases and major corporate earnings lined up. Attention will be on macroeconomic data and global trends, along with foreign inflows and rupee movements. Last week, the markets saw a dip due to profit-booking, and investors will closely monitor trade talks with the US and ongoing earnings season for direction.
A boss asking an employee to work on the weekend has caused controversy over work-life balance after the employee shared the conversation on Reddit. The boss became angry when the employee said that he wasn't carrying his laptop and told him to go to the office. Reddit users had varying opinions, with some supporting the employee and others proposing better communication strategies.
For someone leading the race to become New York City’s next mayor, Zohran Mamdani isn’t sitting on much wealth. According to Forbes, the 34-year-old state assembly member, known for his socialist politics, has an estimated net worth of around $200,000 ( ₹1.71 crore) as of 2025.
Tamil Nadu CM Stalin accuses Election Commission of manipulating electoral process with last-minute voter roll revision, leading to NDA allies skipping all-party meeting. Stalin questions timing and calls for protection of voter rights and democratic values in upcoming Assembly polls.
Sean ‘Diddy’ Combs, the disgraced music mogul, is adjusting to life behind bars. Once living in a multimillion-dollar Miami mansion, the first photos of the Bad Boy Records producer at the Federal Correctional Institution (FCI) Fort Dix in New Jersey have now surfaced.
The world's billionaires are unafraid to splurge on extravagant luxuries, such as superyachts, as a symbol of their wealth. One EV giant is even aiming to become the first trillionaire. The top ten richest individuals have gained $500 billion this year, with names like Jeff Bezos, Mark Zuckerberg, and Larry Ellison owning some of the most opulent yachts.
Shah Rukh Khan, the ultimate King of Bollywood, turned 60 and Shashi Tharoor couldn't help but express his disbelief at how young the actor looks. Tharoor jokingly claimed that Shah Rukh is actually aging in reverse, presenting "evidence" to support his claims. He also predicted that by the time Shah Rukh turns 70, he'll be auditioning for teenage roles.
BJP has slammed Lalu Prasad Yadav for mocking Kumbh and celebrating Halloween. BJP's Kisan Morcha wing urged voters in the poll-bound Bihar not to support him. Bihar elections will be held in two phases this month, with the first phase on November 6 and the second on November 11. The result will be announced on November 14.
Last week, the combined market valuation of four of the top 10 valued firms increased by Rs 95,447.38 crore, with Reliance Industries leading the pack. However, HDFC Bank, TCS, ICICI Bank, Bajaj Finance, Infosys, and Hindustan Unilever saw a decline in their valuation. Reliance Industries, SBI, and Airtel were the top gainers, while Reliance remained the most valued domestic firm.
Delhi's air quality has deteriorated to "very poor" levels with an AQI of 387, compared to 218 the previous day. The worst-affected areas are Wazirpur and RK Puram, both in the "severe" category as of 7 am today. Other hotspots include Bawana, Rohini, and Dwarka. Neighbouring cities also reported "very poor" air, with Dharuhera recording an AQI of 440.
SBI Research predicts that GST revenue for FY26 will surpass government's budget estimates, with most states like Maharashtra and Karnataka gaining 6% and 10.7%. Past rate changes show a temporary dip in collections followed by a rebound, resulting in additional revenues of Rs 1 trillion. In October, GST collections increased by 4.6%.
Tennessee’s Evolve Bank & Trust has fired its newly appointed CEO, Bob Hartheimer, after he was arrested in an FBI sting operation. Court documents seen by the Wall Street Journal on Friday revealed that Hartheimer, who had taken over as Evolve’s chief executive in August, was charged with “attempting to produce child pornography and sending sexually explicit material to a minor.”
Microsoft CEO Satya Nadella announced tech giant's plans to expand the workforce, focusing on AI and operational efficiency. “I will say we will grow our headcount, but the way I look at it is that the headcount we grow will grow with a lot more leverage than the headcount we had pre-AI,” he said. He also stressed the need to adapt to new ways of working as AI becomes central to Microsoft.
ISRO will launch the Indian Navy's GSAT-7R (CMS-03) communication satellite from Sriharikota on Sunday. Weighing 4,400 kg, it is India's heaviest Navy satellite and will provide robust telecommunication coverage over the Indian Ocean Region. The satellite includes indigenous components to meet the Navy's operational needs.
Millie Bobby Brown, known for Stranger Things, is also a successful entrepreneur with her skincare line. However, her on-set journey has been rocky due to co-star David Harbour's bullying and harassment accusations. The final season releases on November 26, with the last episode premiering on December 31-January 1. The Duffer Brothers promise big answers and intense visuals.
President Trump has warned of swift military action in Nigeria if the government doesn't address the killing of Christians. He has also suspended all aid to the country. Defense Secretary Hegseth supports this warning and the Department of War is preparing for action. Nigeria has been put back on the list of countries violating religious freedom and Trump has urged Congress to investigate.
Paris’s Louvre Museum was hit by a brazen day-light robbery on October 19, when thieves escaped with jewels worth around $102 million. Investigators say the entire theft took less than eight minutes. In a recent development, two more people have been charged in connection with the theft, bringing the total number of individuals formally charged to four.
Team India's Rishabh Pant, Rajat Patidar, Devdutt Padikkal, and Sai Sudharsan send wishes to the women's team ahead of the ICC Women's World Cup final against South Africa. Pant praises the team's resilience and urges them to bring the World Cup home, while Patidar and Padikkal emphasize on creating history.
Baahubali: The Epic, starring Prabhas, has shattered box office records with its massive collection of over Rs 10 crore on its opening day. The film, which includes never-before-seen footage, continues to draw huge crowds worldwide, earning Rs 17.80 crore in just two days. Despite a slight decrease in occupancy in certain areas, Baahubali remains a strong performer.
Delhi's worsening AQI has led to residents using air purifiers indoors, but a viral video shows how quickly the air quality deteriorates when the door is opened. The 24-hour average AQI has reached "very poor" levels, prompting the government to take action. 13 pollution hotspots are being monitored and permanent water sprinklers are being installed.
The White House has revealed the details of the agreement between President Trump and Chinese President Xi Jinping to ease the trade tensions. The deal involves tariff cuts, a halt in Beijing's export restrictions on rare earth minerals, and a restart of Chinese purchases of American soybeans. Additionally, there will be a decrease in tariffs on fentanyl-related Chinese products.
An early morning explosion rocked a Harvard Medical School building in Boston on Saturday, the school’s police department confirmed. As reported by The New York Times, authorities described the incident as an “intentional act.”
Bihar SSP Kartikeya Sharma assures peaceful assembly elections after fatal clash in Mokama. Janata Dal (United) candidate Anant Singh arrested along with two others for violating Model Code of Conduct. Strict action promised by SSP.
Trump and Xi met during the APEC Summit and reached a one-year trade pact, with China agreeing to buy US farm products. Trump called it a success and believes it will bring lasting peace and prosperity for both countries.
Multiple people were stabbed on a train near Cambridge, England, and two suspects were arrested after armed officers stopped the train at Huntingdon. The incident was described as "appalling" by Prime Minister Keir Starmer, and a large-scale response was mobilized by the ambulance service. One suspect was tasered by police and multiple patients were taken to hospital.
The government has launched the Employees' Enrolment Scheme 2025 to promote voluntary compliance and extend social security coverage to all eligible employees. The scheme provides a special window for employers to enroll eligible employees who were left out from EPF coverage between July 2017 and October 2025. The window will remain open for six months.
India's women's cricket team, led by Harmanpreet Kaur, has a chance to make history like Kapil Dev's 1983 team. Jemimah Rodrigues' standout performance in the semifinal has brought attention to the team. The packed stadium reflects the rising popularity of women's cricket in India. Despite facing challenges, the team has bounced back and is now a force to be reckoned with.
Indian homegrown brands are making waves in the liquor market by offering unique and authentic alcoholic beverages, catering to well-travelled and experimental consumers. From limoncello to agave spirits, these brands are expanding into new markets with a focus on local ingredients and premium experiences, disrupting the industry and tapping into the trend of premiumization.
Jemimah Rodrigues' unbeaten 127 against Australia not only secured India's win, but also catapulted her brand endorsement journey. Experts forecast a 100% increase in her endorsement value, with potential deals worth Rs 50 lakh to Rs 1 crore. Despite a reach gap with male cricketers, her comeback, fan connection, and performance make her a promising face in women's sports. Authenticity is her key.
India and the US are close to finalizing a deal that would see India's tariffs on US goods decrease to 10-15%. The US is also pushing for India to reduce its oil imports from Russia and open up its markets for American products. However, India must also protect its interests by enforcing strict segregation for genetically modified corn imports and sequencing its approach to US engagement.
Indian carmakers saw a surge in domestic sales in October, with a 17% year-on-year jump, thanks to Diwali demand and lower GST rates. Maruti Suzuki, Tata Motors, and Mahindra & Mahindra all saw significant growth, while Hyundai was the only brand to record a decline due to the phasing out of a model. The upcoming launch of the new Venue is expected to further boost sales.
"Map of Memories" delves into the power of memory and how it shapes individuals and society. Through personal experiences in Mumbai, Kumar reflects on the impact of political, social, and cultural changes and the struggle to hold onto memories. Employing literary techniques, he invites readers to connect with their own emotions and experiences.
"Unseen" is a compelling biography of Zomato's founder, Mohit Hira, that delves into his personal and professional journey. It highlights his childhood trauma, parental influence, and entrepreneurial challenges, while also exploring the emotional struggles and leadership hurdles faced by Deepinder.
Urban Company, a home-services platform, reported a net loss of Rs 59.3 crore in Q3 due to investments in its new Insta Help vertical. Despite this, the company's revenue grew by 37% to Rs 380 crore, with positive Ebitda in its India consumer services segment. Its product vertical, Native, also saw a rise in revenue. Insta Help, offering daily cleaning services, played a key role in this growth.
GST collections in October reached Rs 1.96 lakh crore, showing a 4.6% year-on-year growth despite rate cuts for 380 items. The increase in collections is attributed to the festive season and a jump in consumption of durables and cars. Refunds surged by 40%, indicating the utilization of input tax credit post the tax cuts. Analysts predict a more robust growth in the next month's data.
Pine Labs, a top fintech company, has filed its RHP for an IPO with Sebi. The public issue will include a fresh equity issuance of Rs 2,080 crore and an offer for sale of 82.34 million shares. The company has reduced the issue size and plans to use the funds for debt repayment, technology investments, and global growth.
Office workers often experience neck and shoulder stiffness due to poor posture, stress, lack of movement, and dehydration. This can result in chronic pain and tension headaches. Sleeping with the neck in an unnatural position can also contribute to stiffness. The best sleeping posture is on the back or side with a supportive pillow and mattress.
Teenage burnout is a pressing concern as 70% of students suffer from anxiety and depression. This has resulted in a rise in student suicides, with India contributing to 10% of global cases. The pressure to succeed academically, societal and digital influences are negatively impacting teenagers' mental and physical health. Symptoms include fatigue, irritability, mood swings, and isolation.
OpenAI has introduced Chats for Students in India, featuring 50 sample conversations on topics like exam revision and coding, to demonstrate the use of ChatGPT for coursework and job readiness. Indian hospital chain Narayana Health has created a 97% accurate AI-powered heart disease predictor. MapmyIndia plans to team up with US-based Perplexity AI to improve their services.
The recent AWS server crash had a ripple effect, affecting thousands of businesses worldwide. This incident emphasized the vulnerability of the 'Cloud' and the importance of uninterrupted services. Experts advise using multiple platforms and a multicloud approach, along with failsafes and alternative server options such as sovereign and co-location providers to prevent future disruptions.
Iceland, known for its rugged landscape and cold weather, was considered mosquito-free until this year when three were discovered near Reykjavík. While the species found is not known to transmit major human diseases, its presence highlights the impact of climate change on the Arctic and subarctic regions. Rising temperatures are transforming ecosystems at an unprecedented rate.
Zepto, a fast commerce platform in India's 10-minute delivery market, is now the most competitively priced player by eliminating handling fees, surge charges, and delivery fees for orders above Rs 99. For orders below Rs 99, a delivery fee of Rs 30 will be charged, without any additional small cart fee.
Kirrikin, a powerful indigenous Australian fashion label, celebrates its 10th anniversary this year. With a focus on storytelling and social responsibility, the brand has gained global recognition and collaborated with Indian artisans for their unique designs. Founder Amanda Healy reflects on the brand's growth, its impact on indigenous culture, and future plans to empower remote communities.
Human actions and climate change have caused a significant change in bird sightings. This decline could have major consequences as birds are essential to ecosystems. India has a diverse range of bird species, but monoculture plantations, pollution, and urbanization are impacting their populations. While efforts are being made to protect endangered birds, more action is needed to save biodiversity.
Human-wildlife conflicts in India are increasing due to urbanization and deforestation, causing wild animals to venture into cities and creating fear among residents. Government and conservation efforts are being made to protect habitats, but the issue is largely man-made. Education, awareness, and plantation programs have shown success in promoting peaceful coexistence between humans and animals.