Economy News
Hindujas looking for strategic partner in IndusInd Bank, but will not dilute stake
The bank now has a capital adequacy ratio of over 17%, so it doesn't need funds. As a promoter, we have always stated that whenever funds are required, it will be provided, says Ashok Hinduja, chairman, IndusInd International Holdings (IIHL).
Macquarie leads race for stake in Maple Infrastructure Trust
La Caisse aims to raise $350 million (3,155 crore) via the stake sale and has appointed Rothschild to manage the process. The InvIT has an enterprise value of around 16,000 crore ($2 billion). Maple Infrastructure Trust is sponsored by Maple Highways, La Caisse's dedicated road platform in India.
Cheaper fitout costs keep office leasing on growth path
India's office leasing is breaking records. This is due to lower costs for office rentals and fitouts. Global companies are choosing India to expand. They are creating modern workplaces focused on employee well-being and technology. This trend is expected to continue, boosting the office fitout market. India's affordability and evolving workplace designs are key factors.
'When, not if': Chip Roy warns of financial collapse on US' $38T debt at explosive House hearing
Modi meets BJP MPs over SIR & Matua vote fears
In a pivotal meeting, Prime Minister Narendra Modi engaged with a group of twelve BJP MPs from West Bengal, concentrating on strategies for the forthcoming assembly elections. Discussions highlighted the need for a thorough Special Intensive Revision of the electoral rolls, with a strong emphasis on ensuring the Matua community's representation.
Japans 30-year bond yield soars to historic 3.41% investors ponder as rates hit record high
Japan bond yields surge: Japan's long-term borrowing costs have surged to a record high. The 30-year bond yield reached an unprecedented 3.41%. This surge follows signals from the Bank of Japan governor suggesting a possible interest rate increase this month. Investors are now bracing for a shift in monetary policy. This development is impacting financial markets and government borrowing costs.
Tulsi Gabbard blames Dems for DC attack: Claims Border Chaos & Islamist Terrorism was the reason
Trumps $2,000 tariff payment plan is driving confusion as claims spread about IRS $2,000 checks arriving in December 2025. The IRS says no such payments are scheduled. Trumps proposal remains only a tariff-dividend idea requiring new legislation. No funding, timeline, or eligibility exists yet. The $2,000 payout is not active, and no federal agency is preparing deposits.
Drafting rules against AI deepfakes: Vaishnaw
In today's digital climate, the spread of fake news is a formidable adversary to democratic ideals. Union Minister Ashwini Vaishnaw has highlighted the urgency of implementing stringent regulations against those who create misleading content and AI-generated deepfake videos.
BJP huddle in Parliament fuels buzz over new national, UP chiefs
In a high-stakes gathering at Parliament House, top BJP figures huddled to discuss potential leadership changes, igniting rumors about the future trajectory of the party. The focus turned to the Uttar Pradesh unit chief, with discussions hinting at who might step into the shoes of the national president.
Honduras shocker: Opposition surges after military stormed polling boothsTrump ally on the brink
As Spotify Wrapped 2025 rolls out, many users are asking why is my Spotify Wrapped not showing up? or why cant I see my Spotify Wrapped? The issue is often caused by outdated app versions, but quick fixes can help you access your Spotify Wrapped 2025 artists, Spotify listening age, and full recap. If youre unsure where to find Spotify Wrapped or how to find Spotify Wrapped 2025, searching 2025 Wrapped in the app or visiting spotify.com/wrapped usually works.
'Video contains strong language': Thompson plays alarming Jan. 6 clip at explosive House hearing
Costco tariff refunds are now in play and billions hang on the Supreme Courts next move. Costco has already paid an estimated $90B in import tariffs tied to President Trumps baseline 10% to 50% duty increases, part of a record $195B collected in fiscal 2025, up from $118B last year. Now the court is reviewing whether the tariffs were legal under the IEEPA, after earlier rulings called them unlawful. If overturned, companies have until Dec. 15, 2025, to file claims and Costcos lawsuit could become the blueprint for massive corporate refunds.
IndiGo flight cancellations point to failure of proactive resource planning: Pilots' grouping ALPA
The Airline Pilots' Association of India (ALPA) criticized IndiGo's operational disruptions, attributing them to poor resource planning and a potential attempt to pressure the DGCA into weakening new flight duty time limitation norms. IndiGo cited FDTL issues for cancelling over 100 flights, a move ALPA suggests highlights a failure in proactive management and regulatory oversight.
India, US seal Rs 7,995-crore sustainment deal for Navy's MH-60R 'Seahawk' fleet
India's Ministry of Defence has approved a contract worth approximately Rs 7,995 crore (about USD 946 million) to support 24 MH-60R helicopters produced by Lockheed Martin. The agreement aims to improve long-term operational readiness, strengthen interoperability with US forces, and enhance maritime security in the Indian Ocean region.
An AIIMS Delhi neurologist has warned that pure vegetarians are naturally more prone to vitamin B12 deficiency because plants do not produce this nutrient. Vitamin B12 is essential for nerve health, red blood cell formation and DNA synthesis. Experts say vegetarians should rely on fortified foods, dairy, eggs and supplements to maintain adequate levels.
NASA reveals first-ever high-resolution image of a massive Pacific tsunami, and its jaw-dropping
A powerful earthquake off Russias Kamchatka Peninsula in late July caused a massive Pacific tsunami, which was spotted in unprecedented detail by NASA and CNESs SWOT satellite. The observations disclosed complex wave patterns spreading across the ocean, challenging previous beliefs that large tsunamis stay as single, non-dispersive waves. By merging SWOT data with DART buoy measurements, researchers found out that the earthquake rupture extended farther south than earlier models predicted, offering new insights into tsunami behavior and hazards.
Netflix stock (NFLX) falls 5% despite stellar earnings - what's behind the move?
Netflix stock today: Netflix shares experienced a decline despite reporting robust third-quarter earnings and raising full-year guidance. The streaming giant saw strong subscriber growth across all regions and maintained efficient content spending, expanding profit margins. Investor caution was attributed to industry headlines, including merger talks and potential tariffs on foreign films.
Strong political push to seal India-EU FTA by 2025-end, says EU Ambassador
The EU and India are committed to finalizing their Free Trade Agreement by the end of 2025, with 11 out of 23 chapters already closed. Key areas like market access for cars and services remain under negotiation. This strategic partnership, representing 25% of global GDP and population, aims to boost bilateral trade, currently at $136 billion.
Telangana government to fill 40,000 job vacancies soon: CM Revanth Reddy
Addressing a public meeting at Husnabad in Siddipet district as part of the Congress government's second anniversary celebrations, Revanth Reddy said job creation was one of the core objectives of the Telangana statehood movement.
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Assam CM hands appointment letters to 5,818 youth, highlights transparent recruitment
Assam Chief Minister Himanta Biswa Sarma distributed appointment letters to 5,818 new recruits for the Assam Police and Home Department, pushing the total transparent government appointments to over 1.41 lakh. He emphasized merit-based recruitment, contrasting it with past nepotism, and highlighted the positive impact on youth empowerment and crime reduction in the state.
Best method for weight loss shared by doctor who lost 40 kgs: How many calories = 1 kg fat?
A nephrologist who lost 40 kg is urging people to focus on simple, science-backed weight loss instead of trends. He explains that a calorie deficit remains the core method, supported by consistency and habit-building. The doctor adds that around 7,700 calories equal one kilogram of fat, helping people understand realistic goals.
Big cash crunch? Banks tap $26 billion Fed Repo lifeline second-highest since 2020 crash
U.S. banks tapped the Feds Standing Repo Facility for $26 billion, the second-highest since 2020, as liquidity tightened across money markets. SRF use has surged through late 2025, including a $50.35 billion record on October 31, driven by month-end flows, Treasury settlements, rising repo rates, and QT cutting the Feds balance sheet to $6.6 trillion, signaling growing funding stress.
IndiGo faced widespread operational chaos, cancelling over 200 flights and causing hundreds of delays due to crew shortages, new duty regulations, and airport system failures. Thousands of passengers were impacted as the airline's on-time performance plummeted. IndiGo is now implementing corrective measures and offering refunds or alternative flights to affected travelers.
US manufacturing production flat in September
The flat reading in manufacturing output reported by the Federal Reserve on Wednesday followed an unrevised 0.1% gain in August. Economists polled by Reuters had forecast production for the sector, which accounts for 10.1% of the economy, ticking up 0.1%. Production at factories increased 1.5% on a year-over-year basis in September.
India's business activity remains strong despite global headwinds, with services sector accelerating while manufacturing moderates. US tariffs and waning festive demand impacted factory output, yet robust domestic demand fueled services growth. Despite a dip in export orders and overall business optimism, the economy shows resilience, with upcoming budget decisions crucial for future growth.
Telcos gross revenue nears Rs 1 lakh crore mark in September 2025 quarter
Telecom service providers in India achieved a record gross revenue of Rs 99,828 crore in the September quarter of 2025-26, marking a 9.19% year-on-year increase. Adjusted Gross Revenue (AGR) also saw a significant rise of 9.35% to Rs 82,348 crore, with major players like Reliance Jio and Bharti Airtel driving this growth.
FIFA World Cup 2026 final draw live streaming: How to watch football world cup 2026 final draw?
FIFA World Cup 2026 final draw is almost here as 48 nations will keep a close eye on the group seedings.
Mamata Banerjee slams centre over deportation of pregnant woman Sunali Khatun
The Centre will bring back Sunali Khatun, a pregnant woman deported to Bangladesh, and her son. This decision follows a Supreme Court directive on humanitarian grounds. The West Bengal Chief Minister had criticized the deportation. The Supreme Court ordered the state government to provide all necessary medical facilities for Sunali and care for her child.
Silver price streak turns historic 8 straight green months could match its legendary 1980 run
Silver is experiencing a historic rally, outperforming gold with significant gains. Strong investor interest, limited supply from mines, and industrial applications are fueling its rise. China and India remain key buyers for both industrial use and jewelry. Economic uncertainty and a debasement trade also contribute to silver's appeal. Supply constraints are further pushing prices higher.
CA exposes the silent money killer nobody talks about: 3 simple rules to avoid income eating trap
As everyday expenses rise, many young earners are unknowingly slipping into a debt cycle by relying on small monthly instalments for lifestyle purchases. A chartered accountant highlights how these seemingly harmless EMIs reduce savings, increase dependency on credit, and restrict long-term financial growth. He also outlines basic rules that can help individuals maintain control over their money and avoid falling into this growing financial trap.
NHPC synchronises first unit of 2,000-MW Subansiri Lower hydel project
State-owned NHPC Ltd. has successfully synchronised Unit 2 of the Subansiri Lower Hydroelectric Project with the national grid. This marks a significant step towards the project's completion. Upon full operation, it will contribute substantial renewable energy, aiding India's carbon neutrality goals. Further units are scheduled for connection, boosting the nation's power output.
Man mails gold bars hidden in chilli sauce for investment, nearly falls victim to massive scam
An elderly man in Tianjin, China, narrowly escaped an online investment scam after police intercepted a parcel containing two gold bars hidden inside a jar of chilli sauce. He had been persuaded by scammers posing as stock market insiders to mail 60 grams of gold to be converted into investment funds. After failing to withdraw money from the fake trading app, he realised the fraud. Police retrieved the package and recovered 34,000 yuan, sparking debate on rising scams targeting seniors.
A Hangover and Poor Life Choices: Drunken raccoon turns Virginia liquor store into chaos zone
A mischievous raccoon in Ashland, Virginia caused chaos after sneaking into a liquor shop overnight. The creature climbed through the ceiling, toppled shelves, and damaged 14 bottles of alcohol, creating a trail of broken glass in its wake. Staff found the animal face down near a trash bin and toilet the next morning. Hanover County Animal Protection and Shelter intervened, watching the raccoon as it slept off what they humorously called a hangover and poor life choices.
Want 1 crore in the next 10 years? Here's how much you need to invest in SIP
Mutual Funds: To accumulate 1 crore in the next 10 years, you must invest 43,470.95 every month in mutual funds via a systematic investment plan, assuming a 12% annual rate of return.
NCLAT says Committee of Creditors has right to appoint liquidator for debt-ridden firm, not NCLT
The National Company Law Appellate Tribunal (NCLAT) ruled that only the Committee of Creditors (CoC) can appoint a liquidator for a company undergoing insolvency if the Resolution Professional (RP) hasn't provided written consent. The NCLAT set aside NCLT's appointments, stating the tribunal can only replace an RP, not appoint a liquidator independently of the CoC's choice.
No data, no dollars: US Agri Secy Rollins threatens blue states to withhold federal SNAP funds
Pesticides industry body CCFI objects to ICMR study
The researchers in the study have also identified that pesticide exposure is a risk for development of these neuropsychiatric disorders of neuro-inflammatory origin
'True extremist': Minnesota Sen. Holmstrom torches judge who overturned $7.2M fraud conviction
CAPR stock price: Why is Capricor Therapeutics stock surging over 293% today?
CAPR stock: Capricor Therapeutics' stock soared over 293% after its Phase 3 HOPE-3 trial for Duchenne muscular dystrophy showed promising results. The study demonstrated a slowing of skeletal muscle disease progression in nearly 54% of patients and improvement in heart function for 91%. These outcomes support the development of Deramiocel, an experimental cell therapy.
'Going to send more home for holidays: After pledging travel ban, Noem goes nuclear on migrants
'Look in the mirror': Trump calls Dems' 'affordability con job; Vance vows to fix what they broke'
DGCA investigates IndiGo flight disruptions; asks airline to submit mitigation plans
IndiGo flights face widespread cancellations and delays. The aviation watchdog DGCA is investigating the situation. The airline has been asked to explain the disruptions. IndiGo is also to present plans to reduce future flight issues. Passengers are experiencing significant inconvenience. The airline is making schedule adjustments to normalize operations.
Indian Navy showcases frontline platforms, combat prowess off Kerala coast
President Droupadi Murmu is attending this event being held as part of the Navy Day celebrations.
Policy alignment key to unlocking private investment, says Sanjiv Bajaj, CII
Sanjiv Bajaj says Customs duty changes, FTAs and PLI schemes must move in step with State-level reforms on land, labour, power and water
Music composer Suresh Bobbili revealed in interviews, including one with Gulte, that he struggled with alcoholism during the making of Virata Parvam. He said Sai Pallavi not only supported him professionally when he was nearly replaced but also called him after the films score was completed, urging him to focus on his work and leave alcohol behind. Her sincere words made him reconsider his choices and pushed him to quit drinking.b b
A cardiothoracic surgeon is urging people, especially women in midlife, to rethink the belief that walking alone can build strong bones. In an Instagram video, Dr Jeremy London explained that although walking improves mood, heart health and weight control, it does not provide enough mechanical load to increase bone density. He recommended adding resistance training to strengthen the spine and hips and reduce fracture risk. Experts agree that combining cardio with strength workouts supports long-term fitness and independence.
MSFT stock today: Microsoft shares saw a dip on Wednesday. This followed reports that several company divisions have reduced sales growth targets for specific artificial intelligence products. This adjustment comes after many sales staff did not meet their goals for the fiscal year ending in June. The move is considered unusual for Microsoft, especially within its Azure cloud division.
What caused the chaos at IndiGo
IndiGo faces widespread flight delays and cancellations, impacting hundreds of services due to new pilot rest and duty-hour norms. The airline's unpreparedness, stemming from poor planning and insufficient hiring, has led to significant disruptions during peak travel season, frustrating passengers and exposing operational challenges.
World Bank warns developing world 'not out of danger' as debt costs hit record
In its annual International Debt Report, the Washington-based lender also found that overall interest payments had hit a fresh record of $415.4 billion in 2024 despite some relief from falling global interest rates.
Piyush Goyal asks industry to lower dependence on single geography amid trade weaponisation
Commerce and Industry Minister Piyush Goyal urged industries to identify vulnerabilities, innovate, and diversify supply chains to ensure long-term resilience, citing the weaponization of trade. He highlighted India's strong economic growth of 8.2% and robust foreign exchange reserves, emphasizing the need for self-sufficiency in critical sectors and deeper global integration.
Spotify Wrapped 2025 is in the App. Your year in audio is waiting. Head to the mobile app to join the celebration, Spotify stated on its website.
India-Russia Su-57 agreement may be affected by rival countries, says Kremlin
President Putin's upcoming India visit will feature discussions on the advanced Su-57 fighter jet, with Russia calling it the world's best. Despite past disagreements on a joint fighter program, India is reportedly considering the Su-57 and S-500 air defense system, bolstering a deep defense partnership. Russia also emphasized its vital role in India's energy security.
Ex-Brahmos scientist walks out of Maharashtra jail after 7 years
Scientist Nishant Agarwal walked free after seven years in jail. The Bombay High Court cleared him of spying charges for Pakistan. Agarwal was arrested in 2018. The court found no evidence of intent to harm national security. He was working at the BrahMos missile centre.
Not losing sleep over it, says CEA on falling rupee
The depreciation isnt hurting exports or inflation, says Nageswaran
IndiGo pilot shortage triggers widespread delays and cancellations across major Indian airports
The pilot shortage issue has emerged with the implementation of new flight duty time norms and the addition of flights in the winter schedule from November 1
Grade C rating not linked to quality of data, but to outdated base year, says FM Sitharaman
Sitharaman was replying to debate on Central Excise (Amendment) Bill in the Lok Sabha
MH370 Malaysian Airlines Boeing 777 plane disappeared from radar shortly after taking off on March 8, 2014, carrying 239 people, mostly Chinese nationals, on a flight from Malaysias capital, Kuala Lumpur, to Beijing.
FedEx expands Bengaluru hub, doubles capacity with new 60,000 sq ft facility
The fully automated hub can process up to 4,000 packages per hour, supporting rising demand from electronics, auto components, and SME-driven e-commerce exports
5 everyday habits that can harm your prostate health: Urologist reveals what men must stop doing
A rising number of men are facing nighttime urination, pelvic discomfort and difficulty passing urine, often assuming these symptoms are normal with age. In a YouTube video on Forever Wise, urologist Dr Juliana Costa warned that everyday habits are accelerating prostate enlargement. She highlighted five harmful patterns: inadequate water intake, prolonged sitting, excess caffeine, holding urine and eating highly processed or spicy foods. She urged early lifestyle changes and timely medical checkups to prevent long-term complications.
The CDSCO has mandated that all retail and wholesale pharmacies across India must prominently display a QR code and a toll-free number. This initiative aims to simplify reporting of adverse drug reactions by the public and healthcare professionals through India's PvPI Adverse Drug Reaction Monitoring System. The directive follows a recent Pharmacovigilance Programme of India meeting.
Andhra Pradesh School Holiday on December 4: Will schools be closed? Check full update
Cyclone Ditwah is moving towards the coasts of Chennai, Puducherry, and southern Andhra Pradesh. Heavy rainfall is expected until December 4, 2025. Some districts in Andhra Pradesh have declared school holidays. Decisions for December 4 will be made based on weather conditions. Chennai and surrounding districts are experiencing continuous rain and waterlogging.
Jab Aap Cheekhte Hain, Achcha Lagta Hai: Jaya Bachchan swipes BJP in RS on Manipur water bill
India, Russia likely to discuss advanced variants of BrahMos missiles
A need has been felt in the country for developing the lighter variants of the missiles like the BrahMos NG which can be fitted on all types of fighter aircraft of the Indian Air Force with capability to hit targets at over 400 km and longer range versions of the missiles which can engage targets at more than three times of the present capability, defence sources told ANI.
Trumps million-dollar rescue: Republicans hold Tennessee seat, but Dems smell 2026 blood
FDA recalls shredded cheese: Consumers should check their shredded cheese. Great Lakes Cheese Co. recalled over 1.5 million bags of cheese. Metal fragments may be present. Affected products are sold under many store brands at major retailers. The recall was upgraded to a Class II recall. Consuming these products may cause adverse health consequences.
RBIs MPC starts three-day meet; key rate decision on Friday
The Reserve Bank of India's Monetary Policy Committee is meeting to decide on interest rates. Markets expect a rate cut, but some experts believe the RBI might hold rates steady. Inflation is falling, and economic growth is strong. The committee's decision will be announced on Friday.
Goods exports growth in November greater than the decline in October: Goyal
You will hear a lot more about successful engagements with many trading countries soon, the Minister said
Renuka Chowdhury sparks row with 'Bhow-Bhow' remark in Parliament; BJP's Sudhanshu Trivedi hits back
Draft Atomic Energy Bill in advanced stages, says govt
Amendments to the Atomic Energy Act, 1962 and the Civil Liability for Nuclear Damage Act, 2010 are being taken up to encourage private sector investment, says Minister of State for Power Shripad Naik
Delhi LG's residence renamed to 'Lok Niwas' from 'Raj Niwas'
Delhi's Raj Niwas, the official residence and office of Lieutenant Governor VK Saxena, has been officially renamed 'Lok Niwas' following directions from the Ministry of Home Affairs. The change was announced via a notification from the Lt Governor Secretariat, with the official X handle also updated. This renaming follows the christening of the new PMO complex as 'Seva Teerth'.
Actress Samantha Ruth Prabhu married filmmaker Raj Nidimoru. Shortly after, makeup artist Sadhna Singh posted a cryptic message online. This led to widespread speculation and Sadhna faced severe online harassment. She shared screenshots of offensive messages and expressed her distress. Sadhna later posted about the trolls, finding their criticism amusing and motivating.
U.S. economy added 119,000 jobs in September, with the unemployment rate rising to a four-year high of 4.4 per cent.
MoRTH launches all-India mission to clear NH encroachments using drones, apps
Encroachment removal will take place under the Control of National Highways (Land and Traffic) Act, relevant rules, and the August 7, 2025 SOP, with support from local administration where needed.
Income Tax: How to report foreign income and assets in your ITR?
CBDT sent messages and emails starting 28 November to taxpayers, urging them to revise their income tax returns (ITRs) before the 31 December deadline by disclosing their foreign income and assets
A video of a newlywed Indian bride performing a song on guitar while wearing a ghoonghat has sparked a debate. While many admired her talent and confidence, others questioned the tradition of covering her face. The clip highlights the ongoing discussion about balancing cultural customs with individual expression for women.
Bitcoin price today: Crypto markets surged as Vanguard reversed its Bitcoin ETF ban. Bitcoin prices jumped significantly, reaching over $93,000. This move, alongside Bank of America's recommendation for crypto exposure, boosted investor confidence. Institutional demand saw BlackRock's IBIT ETF record substantial trading volumes. The rally extended to major altcoins, indicating broad market strengthening.
IFFCO MD commends soft launch of Bharat Taxi in Delhi, Gujarat
Under the innovative cooperative model, drivers receive 100 per cent of the fare, along with dividends and a share in the profit
Yas Island Abu Dhabi is captivating India's youth with its Smash the Ordinary campaign. Bollywood actress Sahher Bambba teams up with AI influencer Naina on Instagram reels, showcasing Ferrari World, SeaWorld, and Warner Bros. World.
Putin ready to dent Indias trade deficit while securing defence, energy deals
Senior Russian Ministers, top businesses to offer opportunities for exports in pharma, medical device, technical textiles, food products, automobiles, workers mobility
Gaetz, Loomer make surprise Pentagon appearance in shocking moment after Legacy Media self-deports
Army chief Munir deliberately 'igniting tensions' with Afghanistan: Former Pak PM Imran Khan
Jailed former Pakistani PM Imran Khan accused army chief Asim Munir of disastrous policies, claiming they fueled terrorism and strained relations with Afghanistan to please Western powers. Khan alleged he and his wife are subjected to psychological torture in solitary confinement, with access to lawyers and family denied despite court orders.
Silver price, gold rate are down on Wednesday. Silver fell 0.5 per cent to $58.15 an ounce after touching a record high of $58.94.
Haryana RERA directs Chintels to refund homebuyers money with interest
Haryana RERA has ordered builder Chintel to refund a buyer Rs 1.7 crore with 10.85% annual interest. The buyer sought a refund after the Chintel Paradiso housing society partially collapsed in February 2022. The authority also awarded Rs 2 lakh for mental agony and Rs 50,000 for litigation costs.

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