Mamta Singh, a nonprofit leader, becomes the first Indian-American elected to public office in Jersey City, a city with the highest percentage of Indian ancestry in the US. Her victory was announced alongside the mayoral win of Council member James Solomon. Singh's campaign focused on affordable housing, safer streets, and transparent government.
House Democrats have released disturbing photos and videos from Jeffrey Epstein's private island, showing both the exterior and interior of the infamous establishment. The visuals include a framed photo of Epstein and Ghislaine Maxwell with Pope John Paul II, a questionable room with a dentist chair and male figure face masks, and a blackboard with words like "Power" and "Deception."
InterGlobe Aviation, the parent company of IndiGo, experienced a 2% decrease in share price due to a major operational breakdown causing flight cancellations and delays nationwide. The airline is under investigation and has made temporary changes to flight schedules. IndiGo has apologized and is working to resume normal operations, but its share price has been affected in the past 5 days.
India's mutual fund market has grown rapidly, but total expense ratios (TERs) have not changed. SEBI's proposed changes to TER norms could lead to savings for investors and boost investments, contributing to GDP growth. It also emphasizes the need for Indian mutual fund costs to be more competitive globally.
Navneet Kumar Sehgal, the Chairman of Prasar Bharti, has resigned from his post with more than a year left in his three-year term. The Ministry of Information and Broadcasting has accepted his resignation with immediate effect. Sehgal, a retired IAS officer, was chosen for the role by a committee headed by his extensive experience in administration and policy reforms.
Russian President Vladimir Putin is visiting India on December 4–5 for the 23rd India–Russia Summit. Putin is returning to India after four years, and both countries are preparing to make this visit go smoothly.
A woman from Manipur shared that her sister allegedly faced harassment by a passport officer, saying no one should be made to prove their identity beyond valid documents in their own country. She claimed that her sister showed valid documents, including Aadhaar Card, PAN Card to the official.
Indian markets at crossroads as Nifty and Sensex hit new highs, while small and midcaps lag behind. IPO market shows promise, but FPIs are selling. Kotak Mutual Fund predicts double-digit earnings growth in FY27. Nifty earnings recovery expected in second half of FY26, overall growth projected to recover in FY27. FPIs expected to be buyers in 2026, driven by strong earnings growth.
Shah Rukh Khan, the 'king' of Bollywood, is facing backlash for his involvement in lavish weddings and paid performances. A recent video of him refusing to do a signature action from a pan masala ad at a wedding has reignited the debate over his 'badshah' title. This follows a controversy involving SRK and other actors promoting a misleading product. Netizens are divided in their opinions.
Next year, the United States will take the reins of the Group of 20 major economies (G20) for the first time since 2009, according to a press release from the Department of State. The summit will coincide with America’s 250th anniversary and will be held in Miami, Florida, at a golf resort owned by President Donald Trump, said Secretary of State Marco Rubio.
The Trump administration has implemented stricter measures for H-1B visa applicants, including thorough scrutiny of LinkedIn profiles and resumes. Family members will also be investigated for any ties to censorship or disinformation. The policy targets skilled workers from India and China and aligns with Trump's accusations of government censorship.
Passengers across India were left frustrated and angry on Wednesday as Indigo cancelled more than 100 flights and delayed many others. Airports like Mumbai, Bengaluru, and Pune saw long queues and chaotic scenes.
Sitarist Anoushka Shankar, a 14-time Grammy nominee, expressed her frustration on Instagram after her sitar was damaged on an Air India flight. Despite being packed in special cases and paying a handling fee, her instrument had a long, deep crack running across the tumba.
Russia and India are set to sign a development program for strategic cooperation in the economy by 2030 during Russian President Vladimir Putin's state visit to India. The visit marks the 25th anniversary of the strategic partnership between the two countries and aims to strengthen ties in various sectors such as energy, industry, space, and agriculture.
'Dr. Salvador Plasencia, known as 'Dr P,' sentenced to 2.5 years in prison for supplying ketamine to Friends star Matthew Perry, who died from overdose in 2023. Plasencia and four others plead guilty for illegally obtaining and distributing the drug, with one defendant injecting Perry multiple times on the day of his death. Case highlights the dangers of drug abuse.
Russian President Vladimir Putin's visit to India is highly anticipated as India faces pressure from the US to distance itself from Russia. The meeting with Prime Minister Narendra Modi will cover energy, trade, and defence deals, as India navigates its relationships with both countries. India's decision on this matter could have a major impact on its future.
US President Donald Trump announced on Wednesday that he is ending Joe Biden’s federal fuel economy standards, Fox News reported. These rules, known as CAFE standards, decide how fuel-efficient new cars and light trucks must be.
AN F-16 fighter jet from the US Air Force’s Thunderbirds team crashed in the Southern California desert on Wednesday morning, ABC News reported. Video showed pilot ejecting moments before the jet went down.
South Africa made history by chasing down a huge target of 359 runs in Raipur. Despite India's strong batting, their bowlers failed to take advantage of the pitch, leading to the Proteas' victory. The game saw many records being broken, with Virat Kohli surpassing Sachin Tendulkar and Rahul Dravid to become the player with the most 50+ scores against South Africa.
Uday Kotak, founder and director of Kotak Mahindra Bank, urged Indian businesses to break out of their comfort zone as the rupee hit a record low against the dollar. He attributed the decline to foreign institutions selling Indian equities, which have been on a buying spree. The rupee is one of Asia's worst performers, with foreign investors selling $17 billion worth of stocks this year.
India's paper sector is thriving, with projected growth in demand and production capacity by 2030. It is a key source of rural employment, MSME development, and plays a vital role in packaging and education. The government is promoting renewable energy and carbon-neutrality in the industry, highlighting India's environmental commitment.
India's rapid adoption of AI has transformed automation and data solutions in research, enterprises, and startups. To ensure sustainability and long-term business resilience, leaders must avoid overengineering AI, invest in sustainable infrastructure, manage data value, prioritize people, and measure AI sustainability metrics.
India's Women's Cricket World Cup win has opened up immense commercial prospects for women's sports, with a projected global revenue of $2.35 billion by 2025. Top players like Jemimah Rodrigues and Smriti Mandhana have witnessed a surge in endorsement values, with Mandhana charging Rs. 2 crore per brand. Sponsorships and digital viewership have also seen a boost.
Indian IT workers were once known as "cyber coolies" for their menial tasks, and now there are fears of a similar fate in the age of AI. However, efforts are being made to develop homegrown AI models and India's position in the ecosystem is adaptable. To avoid the label of "bot coolie," Indian companies must prioritize AI development.
IIT K kicks off 2025-26 placement season with record-breaking 672 job offers on first day, 16% increase over last year. 253 PPOs, 9 international offers. Over 250 companies, including Accenture, BlackRock, HSBC, SAP, Airbus, PwC, Navi, Qualcomm, Deutsche Bank, show interest. IITs Roorkee and Madras also see positive trend with top firms returning after two muted years.
Mohit Sharma, the Indian fast bowler, announced his retirement from all forms of cricket, including IPL, in an emotional Instagram post. He thanked his support staff, friends, and family for shaping his journey from Haryana to the international stage. Despite playing for multiple IPL teams, he never won the championship title.
The Dells have donated $6.25 billion to the Trump Accounts, a federal program providing $1,000 investment accounts to American babies. The initiative, part of the One Big Beautiful Bill Act, aims to reach 80% of eligible children in 75% of US ZIP codes. The money can be used for education, retirement, or starting a business after turning 18.
CrowdStrike, a US-based cybersecurity firm, is expanding in India through partnerships with major tech and consulting companies like Infosys, Wipro, TCS, HCL, and Cognizant. Their aim is to reach $5 billion in annual revenue by 2026, with a focus on AI and digital transformation.
Healthify and Novo Nordisk India have joined forces to offer personalized nutrition assistance to GLP-1 medication users. They have also launched Ria Voice, an AI health coach powered by OpenAI. With the increasing adoption of GLP-1 drugs in the US and decreasing prices in India.
India and Russia aim to improve their trade ties by focusing on sectors like engineering goods, pharmaceuticals, chemicals, and agriculture. Currently, India's exports to Russia make up only 2.3% of their imports, leading to a trade deficit of $59 billion.
Experts predict that the rupee's depreciation will have a small effect on the prices of crude oil, fertilisers, and edible oils, while overall inflation remains low. The government plans to raise fertiliser subsidies to maintain stable prices and protect farmers from inflation. Economists have differing opinions on the impact of a weaker rupee, but it is expected to affect inflation.
Virat Kohli continues to impress in ODI format, scoring his 83rd international century in a match against South Africa. He reached his 53rd ODI century in 90 deliveries, leading India to a 17-run win. Sunil Gavaskar praises Kohli's abilities and compares him to a superhero. Ruturaj Gaikwad also shines, scoring 105 runs and fulfilling his dream of batting with Kohli.
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.