The US job market is facing stress in 2025 due to slowing job growth, rising unemployment, and a mismatch between available jobs and workers. In November, private-sector payrolls dropped by 32,000, driven by small businesses shedding 120,000 positions. This raises concerns about labor market stability and may impact the Federal Reserve's rate decision.
JSW Steel has entered into a joint venture with JFE Steel Corporation, restructuring the ownership of Bhushan Power and Steel (BPSL) and creating a separate platform for its future expansion. The deal will reduce JSW's consolidated net debt by Rs 37,250 crore by 2026.
The Indian rupee has reached 90 against the US dollar, raising concerns about the RBI's inconsistent foreign exchange interventions. Analysts suggest that the governor's approach of letting market forces dictate the exchange rate has led to the rupee's decline.
The Indian rupee has reached a record high of 90 against the US dollar due to foreign investors selling and trade uncertainties. This could affect market sentiment in the short term, but FPIs are still interested in earnings, valuations, and trade clarity.
As Russian President Vladimir Putin prepares to land in Delhi tomorrow evening, India and Russia have pulled out all stops to make sure his visit goes smoothly. From elite commandos to high-tech drones and AI monitoring systems, a massive security plan is already in place.
Finance Minister Nirmala Sitharaman stated that the reintroduction of excise duty on tobacco products is not an extra tax burden, but a restoration of the pre-GST system. This will benefit states as 41% of the tax collected will be shared with them. The new rates will replace the current compensation cess, which is expiring soon. She also addressed concerns regarding India's economy.
Sir Benjamin Slade, a 79-year-old British aristocrat, is offering a £50,000 annual salary, accommodation, and meals to find a younger wife who can produce a male heir and secure his family's legacy. Due to COVID-19, he is also looking to sell his estate and has a stockpile of frozen sperm for IVF. Slade has previously used Tinder and ads to find a bride.
Republican Matt Van Epps wins Tennessee's 7th Congressional District special election with a smaller margin than expected, maintaining the seat for Republicans. The district, once a stronghold for Republicans, has become more competitive for Democrats.
The Indian rupee reached a historic low of 90/$ due to the delayed trade deal with the US, limited intervention by the RBI, and foreign outflows. It closed at 90.19 with some support from the RBI, and has depreciated by 5.53% this year, the worst in three years. While the CEA is not concerned, analysts and traders trust the RBI's actions.
The Indian rupee has reached a record low of 90.17 against the dollar, raising doubts about a rate cut at the upcoming RBI meeting. Economists predict that the strong growth of 8.2% in the second quarter and the depreciating rupee will lead to a pause in rate cuts.
Arun Kumar Singh, current chairman of ONGC, has been granted a rare one-year extension till December 6, 2026, showcasing government's trust in his leadership and desire for continuity. Singh's tenure has brought stability and reversed decline in production of crude oil and natural gas. His tough approach and prior experience in the industry make him a valuable asset.
The weakening rupee will greatly affect sectors reliant on imports, such as crude oil, natural gas, edible oils, fertilizers, and FMCGs. The aviation industry, heavily dependent on dollars, will also be impacted.
IndiGo faced major disruptions on Wednesday as over 70 flights were cancelled due to crew shortages and delays. Netizens reported over 200 cancellations and the situation is expected to last for 48 hours.
Katrina Kaif's makeup brand Kay Beauty has achieved a 46% increase in gross sales in just one year, making it one of Nykaa's top five performing beauty brands. This is a remarkable achievement for celebrity-led beauty brands in India, especially when compared to the struggles faced by other similar brands.
Former US President Donald Trump made over 160 posts on his new social media platform, Truth Social, late Tuesday night. He criticized Democratic leaders, including President Joe Biden and Representative Nancy Pelosi, and questioned the citizenship of Representative Ilhan Omar.
India's economy is thriving with an 8% growth rate, but the rupee has weakened by 5% against the dollar. This is attributed to foreign portfolio outflows, stagnant FDI, and a significant trade deficit. However, the rupee's decline is not indicative of domestic weakness, but rather external financing strain.
SEBI has introduced a new framework, SWAGAT-FI, for low-risk foreign investors to easily access the Indian securities market. This will simplify compliance and attract more investments to the country. The framework includes a single-window registration process for multiple investment routes and extends the registration period to 10 years.
Mayor-elect Zohran Mamdani stood up for immigrant communities in NYC after a recent ICE raid sparked protests and arrests. He emphasized his duty to represent all residents, including immigrants, and spoke out against the raids to President Trump. Demonstrators chanted "ICE out of New York" and formed human barriers to block the agency, showing solidarity against their actions.
The government has withdrawn its order mandating the pre-installation of the Sanchar Saathi cybersecurity app on all new smartphones, citing a surge in voluntary downloads. The app, which helps track and block stolen handsets, verify device authenticity, and report cyber fraud, has gained traction without enforcement.
Jaguar Land Rover's chief creative officer, Gerry McGovern, has left the company in an unceremonious exit, following CEO Adrian Mardell's retirement in August. His departure comes as PB Balaji assumes the CEO role, signalling a shift in leadership under Balaji.
Tata Capital settles case with SEBI over unlisted CRPSs, pays Rs 14.4 lakh. Settlement application filed, no admission or denial of findings. SEBI found CRPSs issuance a "public issue", violating Companies Act and SEBI regulations. Navi AMC and Navi Trustee also settle with SEBI in separate case.
The recycling and primary copper production industry, responsible for 75% of domestic production, is being affected by price distortion caused by untaxed end-of-life scrap being used by some recyclers. This results in unfair competition and losses for the government due to fake invoicing and GST arbitrage.
Miley Cyrus is stepping into a new chapter of her life, and her Malibu mansion reflects that transformation perfectly. Set on an expansive stretch of land with sweeping ocean views, the Mediterranean-inspired home blends luxury, privacy and calm - making it one of the star’s most impressive properties yet.
The Calcutta High Court's Division Bench overturned a previous single bench order that had terminated the appointments of 32,000 primary school teachers in West Bengal. The court found irregularities in the recruitment process, but stated that there was no concrete evidence of fraud or bribery.
The Chief Economic Adviser has dismissed worries about the rupee's decline, stating that it will not affect inflation or exports. The rupee has reached record lows and dropped by 5% this year due to foreign outflows and stalled India-US trade negotiations.
Between 2021-2023, there was a notable rise in cases filed by women in India, with Uttar Pradesh having the most reported cases. This data, from the National Crime Records Bureau, revealed an increase in crimes such as domestic violence, kidnapping, rape, and assault.
The Hurun Indian Art List 2025 showcases the top 10 most successful artists in the country, with Aneesh Kapoor taking the lead. 100-year-old Krishen Khanna has made headlines for his impressive work and Rs 91 crore turnover. The list also proves that age is not a barrier to creativity, with artists ranging from 60 to 100 years old. Only two newcomers and one female artist made the cut.
US Defense Secretary Pete Hegseth became the center of attention during a Cabinet meeting with President Donald Trump due to a typo on his name card. While defending a controversial boat strike, Hegseth's card read 'SSecretary of War', causing online backlash and criticism from California Governor Gavin Newsom.
India's textile and apparel exports industry is struggling due to the rupee's record low and steep US tariffs. Challenges include lower export volumes and squeezed margins. The recent depreciation of the rupee has also affected textile processing units. The industry's hope for improvement rests on a resolution of the trade issue with the US in December.
Indian-American former federal prosecutor Saritha Komatireddy is seeking the Republican nomination for New York Attorney General, hoping to replace indicted incumbent Letitia James. With a strong background in law and numerous awards, she is favored to win as most AGs are re-elected without opposition. Her campaign is gaining momentum.
Delhi schools to begin admissions for Nursery, KG, and Class 1 from December 4, following NEP 2020 guidelines. Last date to apply is December 27, with admissions decided by a transparent draw of lots. Age criteria: 3 years for Nursery, 4 years for KG, and 5 years for Class 1. First list of selected candidates to be released on January 23.
The Central government has directed industries in Delhi-NCR to install emission monitors and air pollution control devices by December 31 or face closure. States have been asked to submit their 2026 air pollution action plan this month. The decision was made in a meeting chaired by Union Environment Minister Bhupendra Yadav and attended by CPCB Chairperson Vir Vikram Yadav.
JSW Steel and JFE Steel Corporation have joined forces in a joint venture for Bhushan Power and Steel Ltd, with an equity value of Rs 31,500 crore. JFE Steel will invest Rs 15,750 crore for a 50% stake, making it a slump sale for Rs 24,483 crore. This will boost JSW's balance sheet, increase production capacity, and contribute to the growth of the Indian steel industry.
Airbus has lowered its 2025 delivery goal to 790 commercial aircraft, citing a quality problem in its A320 family. The issue has affected production and deliveries, but the company's financial goals remain unchanged. The A320 has surpassed Boeing's 737 as the top delivered jet, but Airbus is dealing with software recalls and supply chain difficulties.
Chief Economic Advisor of India, V Anantha Nageswaran, is not concerned about the falling rupee against the dollar as it is not affecting inflation or exports. The rupee is expected to improve next year. The reasons for the rupee's decline include reduced intervention by the RBI and high tariffs on Indian exports to the US. The RBI's meeting today will determine if they will intervene
At 62 years old, Bollywood actor Jaaved Jaaferi's youthful looks have sparked curiosity. In a recent interview, he revealed his 'reverse ageing' lifestyle, consisting of a nutrient-rich, low-carb diet and regular exercise. His son, Meezan Jafri, credits his father's healthy habits, like abstaining from alcohol and smoking, for his remarkable appearance.
Indian equity benchmarks closed lower on Wednesday, but recovered from major intra-day losses. The Nifty 50 ended 0.18% lower, while the BSE Sensex declined 0.04%. The Nifty Bank closed higher, while small-cap and mid-cap stocks ended lower. In total, 28 stocks hit a new 52-week high, while 228 touched a new 52-week low. Wipro was the top gainer, followed by Hindalco Industries.
Neochem Bio Solutions, a specialty performance chemicals manufacturer, plans to raise Rs 44.97 crores through an SME IPO by offering 0.46 crore shares. The IPO will close on December 04, with a price range of Rs 93 to Rs 98 per share. However, the company's sole manufacturing unit in Ahmedabad, along with high working capital needs and delayed customer payments, poses a risk.
The practice of collecting art has become a lifestyle for connoisseurs, with Indian art holding cultural importance. From Raja Ravi Verma to Rabindranath Tagore, Indian art was not seen as a commodity, but rather a means of control for rulers. In 2025, Hurun India released its Art List, featuring the top 10 wealthiest Indian artists, with Anish Kapoor at the top.
Hyderabad entrepreneur Rajive Dhavn, in an Instagram post, detailed his journey of building a successful Rs 15 crore company. He said that he dropped out of school and started over at the age of 39. Despite facing challenges and setbacks, Dhavn built companies and has now sold them all to start over as a content creator, proving that it's never too late to chase your dreams.
Bollywood icon Dharmendra's passing at 89 has left a void in the industry. Survived by his wife, Hema Malini, and six children, the 'He-Man' of Bollywood has been remembered by notable personalities for his diverse characters and passion for acting. From a mud-and-brick house to a rumoured Rs 450 crore worth, Dharmendra's humble beginnings led to vast real estate holdings.
The government's cyber safety app, Sanchar Saathi, has gained popularity after being made mandatory on all mobile phones in India. Despite privacy concerns, officials assure that it can be deleted and has limited permissions. The app has effectively reduced fraud and cybercrime, making it essential for public safety.
India's services PMI rose to 59.8 in November, driven by new business growth. However, the composite PMI output index fell to 59.7. Employment in the services sector increased modestly, while backlogs remained stable. Services outpaced manufacturing, which saw a slowdown in growth and inflationary pressures. Input and output cost inflation also eased.
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.
Planks vs crunches: Which is better for fitness? A holistic approach to losing belly fat is more effective than just doing crunches. Planks are a better option as they activate the Transverse Abdominis, which targets the deep-seated layer of fat. Crunches, on the other hand, can lead to lower back strain and neck pain.
A semi-truck jackknifed across both lanes of a highway in Deschutes County, Oregon, late on November 24. The fatal crash killed two newlyweds. According to NY Post, an Indian national, Rajinder Kumar, 32, has been charged with criminally negligent homicide and reckless endangerment.
Mahindra Lifespace Developers has secured a Rs 1,010 crore project for a residential redevelopment in Matunga, Mumbai. The project will cover 1.53 acres and prioritize sustainability and modern urban planning. The company aims to revamp the housing cluster into a modern community with better infrastructure and lifestyle facilities.
EAM Jaishankar warns US and Europe against restricting talent mobility in the name of immigration measures. He stresses on the need for a balance between demand and supply of skilled workers, and highlights the mutual benefits of talent migration. He also addresses concerns over backlash against immigration and urges countries to focus on creating opportunities rather than limiting talent pool.
A survey of 1,087 NRIs on the Blind shows that almost half of Indian tech workers on H-1B visas face racial discrimination in the workplace, hindering their career growth. This is most common at major tech companies, and while some deny its severity, others have personally experienced it.
Cyclone Ditwah causes heavy rainfall and chaos in Tamil Nadu and Puducherry, with the IMD issuing alerts. Many districts will experience strong rains and thunderstorms until December 3, causing waterlogging and school closures. The IMD has listed affected areas and cautioned of potential dangers. Chennai has deployed 22,000 personnel for relief efforts while Puducherry schools remain closed.