White House is reportedly preparing to cut tariffs on several everyday food items, Financial Times reported. This comes as pressure builds on the administration to address the rising cost of living that began under Joe Biden and continues to pinch Americans under Donald Trump’s presidency.
"The Taj Story", directed by Tushar Amrish Goel and starring Paresh Rawal, has crossed the ₹15 crore mark at the box office despite facing competition from other releases. However, the controversial film's steady run came to an end in the second week, with an 81.40% drop in collections. With a 4.09/10 rating on IMDb, the movie received negative reviews and had a meagre occupancy in theatres.
CCTV footage reveals the exact moment of the terror attack near Delhi's Red Fort, showing the i20 car exploding with reportedly over 60 kilograms of explosives. The NIA is now leading the investigation, and the suspect's university has distanced itself from the "white-collar" terror module. Police have located the suspect's car at a farmhouse in Haryana.
Indian equity indices opened flat with NSE Nifty 50 and BSE Sensex trading lower. Bank Nifty also opened in the red, while small and mid-cap stocks were muted. The market is waiting for new triggers for record highs, with Bihar polls having little impact. Key factors to watch are India-US trade deal, declining retail inflation, and weak monetary policy transmission.
SEBI chief Tuhin Kanta Pandey plans to speed up registration and reduce trading costs for foreign investors, while also making it easier to short-sell. The market regulator is also reviewing regulations to make India's cash markets more liquid and is open to implementing 'product suitability' rules to protect small investors.
Dr Umar Nabi has been identified as the "bomber" in the Red Fort terror attack, after being missing since the arrest of another suspect. DNA report confirmed his involvement. The terror attack on Monday, near the Red Fort, has led to the arrest of multiple individuals, including those employed at Al-Falah University. The administration has distanced itself from the terror attack.
The longest government shutdown in US history is finally coming to an end. The House of Representatives passed a Republican-led spending bill late Wednesday to reopen the government. The vote stood at 222 in favour and 209 against. Six Democrats supporting the measure. The bill will now go to President Donald Trump, who has confirmed he will sign it tonight, officially ending the shutdown.
Noel Tata successfully gets his son, Neville, on the board of one of the influential trusts in Tata Sons, but faces resistance from Venu Srinivasan. This follows the removal of Mehli Mistry, a trusted associate of Ratan Tata, from the board.
A terrorist attack at the Red Fort was caused by a calendar error since the Red Fort was closed on Monday, leading to the bomber, Dr Umar Nabi, detonating the car prematurely. The attack has been declared a "terrorist incident", and investigations are ongoing.
US Secretary of State Marco Rubio commends India's handling of the Delhi blast investigation, praising their professionalism and measured approach. He expresses confidence in India's ability to uncover the truth and offers support, but believes they can handle it on their own. The Union Cabinet has directed for a prompt and thorough investigation to bring the perpetrators to justice.
US VP JD Vance launched MAHA campaign against unnecessary medication, as painkillers linked to autism rise. Ibuprofen, a common painkiller, reduces inflammation and blocks pain signals. Clinical trials support its effectiveness for mild to moderate pain, inflammation, and fever. Vance's campaign comes amidst a potential directive to phase out painkillers.
White House Press Secretary Karoline Leavitt spoke out against the BBC's deliberate and misleading editing of President Trump's January 6th speech. Trump accused the BBC of being a "leftist propaganda machine" and damaging democracy. Two top BBC executives resigned after a leaked memo revealed the doctored footage. The BBC denied bias but admitted to making mistakes.
FBI Director Kash Patel announced that China has agreed to cut off thirteen precursors and control seven chemical subsidiaries used to make fentanyl. This move, praised by President Trump, will save thousands of lives and is a result of the recent meeting between Trump and Chinese President Xi Jinping.
Newly released emails from convicted sex offender Jeffrey Epstein have revealed several references to US President Donald Trump, according to documents made public by Democrats on the House Oversight Committee, CNN reported. The private exchanges, which kept happening for over 15 years, were reviewed by CNN and show Epstein discussing Trump.
A National Security Guard team with a sniffer dog investigated a red Ford EcoSport in Khandawali village, Faridabad, believed to be connected to Dr. Umar Un Nabi, the prime suspect in the Delhi blast case. Nabi's movements were traced and his car was found in a mosque parking lot. Delhi Police issued an alert and collected DNA samples from Nabi's family for analysis.
The US has sanctioned five individuals and three entities in Myanmar and Thailand for their involvement in forced labor and fraudulent investment scams online. Americans have lost $10 billion to these scams in 2024, and the US is taking action to protect its citizens. The US is also targeting criminal syndicates in Southeast Asia.
Jaishankar and Rubio met at the G7 Foreign Ministers' Meeting, discussing bilateral ties, trade and supply chains. They also exchanged views on global developments, including Ukraine, West Asia, and the Indo-Pacific. The meeting highlights India's active role in global diplomacy and its commitment to working with international partners.
BSNL has opened its data centre network to private players, startups, and entrepreneurs through a revenue-sharing partnership policy. The move marks a shift in their business strategy and aims to fully leverage domestic capacity.
Tata Consultancy Services (TCS) denies losing Marks & Spencer account due to cyberattack, but declining UK revenues show larger issues in India's struggling IT services industry. The rise of AI tools like GitHub Copilot and ChatGPT raise concerns about data security and trust in Indian firms. To thrive in the AI era, the industry must prioritize security, precision, and transparency.
Essar-owned digital infrastructure solutions provider Black Box reported a strong Q2 FY26 with revenue of Rs 1,585 crore, up 14% quarter-on-quarter and 6% year-on-year. Ebitda margins expanded by 60 basis points to 9% and PAT grew by 17% to Rs 56 crore. The company also secured a five-year partnership with Wind River, expected to generate Rs 1,350 crore in revenue. CEO Sanjeev Verma is
Agentic AI is transforming the marketing game for Indian brands by streamlining lead generation, sales processes, and overall automation. It is also enhancing creative productivity, campaign decision-making, and content-to-conversion timelines.
NaBFID raised Rs 4,000 crore through two bonds, with a green shoe option of Rs 2,000 crore, maturing in 5 years and 15 years. The cut-off yield for the 15-year bond was 7.15%, while the 5-year bond saw a yield of 6.86%. The bank's 15-year bond was trading at 7.18% in the secondary market. So far this year, NaBFID has raised
Juspay Technologies, based in Bengaluru, recorded a net profit of Rs 115 crore for FY25, a major turnaround from the previous year's loss of Rs 97.5 crore. The company's revenue increased by 61% to Rs 514 crore, attributed to the growing digital transaction volumes and expansion into new markets.
Tata Motors' commercial vehicle business, now known as Tata Motors, saw its shares debut at a premium of 26.1% on the BSE at Rs 330.25 per share. The passenger vehicle entity, Tata Motors Passenger Vehicles, was discovered at Rs 399 per share on October 14. The combined market value of both entities post-demerger rose by 10%, adding Rs 25,426 crore in investor wealth.
Mercedes-Benz India experiences a rise in diesel car sales due to GST reduction, but plans to increase prices in 2026. Despite uncertainties, the company maintains its top position in the luxury car market with strong sales in September and October. A growing demand for high-end models and expansion beyond cities is observed. Electric vehicles are also a focus for the company.
Karnataka HC lifts stay on SIT probe against activists Girish Mattennavar, Mahesh Shetty Timarody, Vittal Gowda, and T. Jayath, who were at the forefront of protests against Dharmasthala temple authorities. SIT ordered not to "harass" activists during investigation. Activists had filed petition seeking quashing of FIR and investigation.
The Financial Services Secretary has urged public sector banks to prepare for the transition to the ECL framework while focusing on increasing credit flow to the MSME and agriculture sectors. He also advised them to prioritize risk management and digital transformation for inclusive and secure growth.
Andhra Pradesh aims to attract $1 trillion in global and domestic investment in five years, with $120 billion already committed. The state government plans to create 2 million jobs and add 50,000 hotel rooms. The CII Partnership Summit will formalise 410 investment agreements worth $120 billion and discuss emerging opportunities in quantum technologies, AI, and materials science.
CAMS, India's largest registrar and transfer agent for mutual funds, has launched an AI-powered tool called CAMS Lens to provide real-time analysis of regulatory changes. This tool will ensure quick and accurate implementation of regulations from Sebi and will be extended to other financial sector regulators.
NIA conducted searches at 10 locations across 5 states in connection with Al-Qaeda's Bangladesh terror conspiracy involving illegal Bangladeshi immigrants. The raids were carried out under a case registered in 2023, which revealed the involvement of four Bangladeshi nationals in funding and radicalising youth for the terrorist organisation.
The government has launched a Rs 45,060 crore package to aid exporters dealing with tariff challenges. This includes a new Export Promotion Mission with interest subvention and other financial support for MSMEs. The EPM has two components and aims to improve market access, logistics, and branding for India.
The Cabinet has approved a decrease in royalty rates for critical minerals, such as caesium, graphite, rubidium, and zirconium, to promote the auction of mineral blocks and unlock associated critical minerals. The revised rates, ranging from 2-4%, will be based on the Average Sale Price (ASP) of the metal contained in the ore.
Parag Jain, senior IPS officer, has been given additional charge as Secretary (Security) of Cabinet Secretariat and will continue to serve as Secretary of R&AW. This temporary arrangement aims to maintain operational stability and align policies between R&AW and internal security frameworks. Jain's expertise in intelligence fusion and use of AI is expected to enhance national security efforts.
Tata Power is making progress in clean energy through acquiring a stake in a hydropower project and building a facility for wafers and ingots. The CEO shares their growth strategy, which includes expanding power distribution, supplying data centers, and exploring nuclear energy.
On Wednesday, the benchmark indices rose by 0.71% for the third consecutive day, driven by positive factors such as US President Donald Trump's comments on H1-B visas, optimism over a potential India-US trade deal, and exit polls predicting an NDA victory in Bihar. The Sensex closed at 84,466.51, while the Nifty closed at 25,875.80. The market breadth turned positive, with 2,509 gainers against 1,
Ashok Leyland's Q2 net profit remains unchanged at Rs 771.06 crore as domestic demand remains low, but standalone revenue from operations grows by 9%. The company's Ebitda margin improves to 12.1% and total CV volumes increase by 8%. Market share in the domestic MHCV segment is maintained and demand increases after GST 2.0 rollout. Strong order book and investments in EV and battery planned.
The Indian government has approved a Rs 25,060 crore Export Promotion Mission to help exporters facing US tariffs. The mission will have two sub-schemes and will prioritize sectors affected by global tariff hikes. It aims to improve trade finance, export readiness, and market access through a digital platform managed by the Directorate General of Foreign Trade.
Sebi committee proposes changes to conflict-of-interest guidelines to enhance governance and transparency, including pre-appointment disclosures, asset and liability disclosures, ban on gifts, cooling-off period for former officials, and a digital repository of disclosures and recusals. These changes aim to promote trust in Sebi.
Indian retail investors have a strong presence in the equity market, but their involvement in the bond market is lacking due to lack of knowledge and liquidity concerns. The government and Sebi are implementing measures to encourage participation through incentives and awareness campaigns.
Bhaskar Bhat, former MD of Titan, has been appointed as a trustee of the Sir Dorabji Tata Trust (SDTT), the largest philanthropic entity of the Tata group. With nearly 27.98% stake in Tata Sons, the holding company of the conglomerate, SDTT holds significant power.
MSMEs have expressed concerns to the finance minister about credit flow, loan classification norms, and QCOs. They urge the government to address liquidity issues and policy hurdles to ensure growth. Cash flow pressures and NPA classification due to temporary mismatches were also highlighted.
Tata Steel's consolidated net profit saw a significant 272% increase at Rs 3,102 crore, surpassing expectations. The company's revenue also rose by 8.9% to Rs 58,689 crore, credited to improved steel prices and cost-cutting measures. MD & CEO TV Narendran highlighted plans for expansion and a share purchase agreement with BlueScope Steel.
October saw the fifth consecutive month of negative retail food inflation at (-) 5.02%, due to low prices of vegetables, cereals, pulses, meat, eggs, and spices. The consumer food price index also declined by 0.24% compared to September and 10.87% in October last year.
CPSEs and key central agencies, including Indian Railways and NHAI, have recorded a 13% year-on-year growth in capital expenditure in the April-October period of FY26, reaching Rs 4.4 lakh crore. This represents 56.5% of the full-year target of Rs 7.85 lakh crore, with Indian Railways and NHAI being the main drivers.
India's retail inflation reached a historic low of 0.25% in October due to a combination of factors such as a favorable base effect, decrease in vegetable and cereal prices, and GST rate cuts. This is the third instance in four months that inflation has fallen below the RBI's tolerance range, raising the possibility of a rate cut in December.
Asian Paints reported a 43% increase in consolidated net profit for the September quarter, beating street estimates. Revenue from operations also saw a 6.3% y-o-y growth, driven by decorative, automotive, and industrial paints. The company's domestic decorative business showed a double-digit volume growth of 10.9%.
Honasa Consumer, parent company of Mamaearth, recorded a net profit of Rs 39 crore in Q2, a significant improvement from last year's loss of Rs 19 crore. Despite a 28 crore loss due to a change in settlement with Flipkart, the company's revenue increased by 16.5% and expenses remained stable.
The second phase of Bihar assembly election saw a historic 65% voter turnout, while 42% of the 2,600 candidates have declared assets of over Rs 1 crore, a significant rise from the last election. Ran Kaushal Pratap Singh of the Vikassheel Insaan Party is the wealthiest candidate with assets worth Rs. 40 crore, according to ADR.
NTPC, a state-run power utility, will venture into coal gasification next year to produce 5-10 million tonnes of synthetic natural gas annually. The projects will use high ash Indian coal and take 4-5 years. The company also plans to increase nuclear capacity to 30 GW and has formed a subsidiary for nuclear energy. Revised long-term capacity target is 149 GW by FY32.
Russian President Vladimir Putin's upcoming visit to India in December has been confirmed by his spokesperson Dmitry Peskov. This visit comes after Putin and Indian Prime Minister Narendra Modi reaffirmed their commitment to strengthen their strategic partnership in October 2025.