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8th Pay Commission: Is salary revision delayed? Here's where the process stands | Timeline
Following cabinet approval and announcement, the 8th Central Pay Commission was constituted on 3 November 2025. While the official implementation date has not been announced, 1 January 2026 is widely anticipated as the date the new pay scales will come into effect.
Tata Sons Chairman meets Meloni
New Delhi:c Tata Sons Chairman N Chandrasekaran has met Italian Prime Minister Giorgia Meloni at Palazzo Chigi in Rome, with the acquisition of Italian commercial vehicle maker Iveco Group by Tata Motors featuring prominently in discussions amid growing strategic industrial and economic ties between the two countries.Sources said Chandrasekaran presented the Tata Group's strategy following the Indian conglomerate's acquisition of a controlling stake in Iveco Group, one of Italy's leading commercial vehicle manufacturers, at the meeting held on Wednesday.The meeting came amid the increasing strategic economic and industrial collaboration between Italy and India.On October 30, Tata Motors said it has acquired an 89.42 per cent stake in Iveco for nearly 3.43 billion euros following the initial settlement of its cash tender offer.Addressing a global press conference at Iveco's headquarters in Turin, Italy, on Tuesday, Chandrasekaran thanked the Italian government and Prime Minister Meloni for their encouragement and support throughout the acquisition process.Iveco Group, with very strong Italian roots and a strong presence across Europe and Latin America, brings huge industrial heritage, iconic brands, technology and world-class capabilities across trucks, buses and power trains.I would like to thank everyone who has been involved in this transaction, and I'm grateful to all of them. I would also like to start today by thanking the Italian government and the Prime Minister Giorgia Meloni and Minister Adolfo Urso for their encouragement and support throughout this process, the Tata Sons Chairman said.He also recalled Tata Motors' longstanding association with Turin, saying the company's indigenous passenger car development journey had its roots in the Italian city, where the design of its first indigenous car took shape at design house Idea in the late 1990s.I would like to give you a story which explains our connect with Turin. When our ex-Chairman Mr Ratan Tata decided that Tata Motors will develop and manufacture its indigenous passenger car, he actually turned to Turin, and there was a famous design house in Turin by the name Idea.And Idea was where the first indigenous Indian car took shape. It is from the late nineties that many of us from Tata Motors have been coming to Turin. Therefore, we have a very strong connect with Turin. We owe it to Turin for our passenger car business because it was kind of born here, the Tata Sons Chairman said.Tata Motors and Iveco are looking at significant growth in volumes, revenues and margins over the next five years as the two companies join hands to create a global commercial vehicle powerhouse, Chandrasekaran had said at the press conference.In a joint statement, the companies said, Complementary portfolios and geographic strengths create a truly global enterprise, with presence in over 130 countries across key developed and high-growth markets in Europe, India, South America, Asia, the Middle East and Africa, and combined revenues of 21 billion euros (about Rs 2,28,000 crore).With the acquisition, the Italian commercial vehicle manufacturer has become Tata Motors' indirect subsidiary.The acquisition process is continuing, with the two companies now embarking on the next phase of integration and joint strategic planning.
Centre issues advisory to states to boost fodder production, livestock infra under VB-G RAM G
The Centre has issued an advisory to states and Union territories to improve fodder security and livestock infrastructure. This advisory promotes convergence under the Viksit Bharat-Guarantee for Rozgar and Ajeevika Mission Act, 2025. It identifies 22 permissible works supporting fodder cultivation, livestock shelters, and veterinary health facilities. States are encouraged to increase expenditure on these works while aligning with local development priorities.
With Dhanteras and Diwali 2026 approaching, Malabar, Joyalukkas, Tanishq and Kalyan Jewellers have listed festive offers on gold jewellery. Here's a comparison of discounts on making charges, gold rate protection, old gold exchange benefits and other deals, along with their validity dates.
Tata Power Renewables commissions 300 MW project for SECI in Karnataka
Tata Power Renewable Energy Ltd has successfully commissioned a 300 MW solar project located in Koppal, Karnataka. This project is expected to generate approximately 810 MUs of renewable energy each year. The project will assist in reducing around 103,820 tonnes of carbon emissions annually. Notably, about 16 women professionals represent nearly 40 percent of the workforce employed at the site.
EPFO has reminded pensioners to submit their Jeevan Pramaan, or Digital Life Certificate. Here's how to submit it through three methods, the documents required and how the Aadhaar-based service works.
Milk, ghee prices to inflate Diwali shopping bills
Axis Bank has announced Diwali festive offers on car loans, two-wheeler loans, home loans and credit cards. Check out 100% car financing, 30-minute disbursal, EV discounts, reduced processing fees and other benefits.
Mahindra rides SUV boom, but costs hit margins
Delhi revives artificial rain plan as AQI worsens
Bay of Bengal countries launch ocean research network for fisheries management
The initiative will bring together scientists from four countries to study how changing ocean conditions influence fish distribution and abundance
Gold prices in Sangli rose on November 5, tracking gains in global bullion markets after the US midterm results. Check the latest 24K, 22K and 18K gold rates and silver prices ahead of Dhanteras 2026.
Hyundai to offer up to 15% savings on car insurance
Gold in Kolhapur rose 1,660, or 1.16%, on November 5, with 24-karat gold quoted at 14,517 per gram. Indian gold futures also climbed on fresh positions and firm spot demand, while weaker US dollar and Treasury yields supported global prices.
World's highest railway station planned in Ladakh
HDFC Bank increases FD rates: Check list
US midterm election results have impacted global bond markets after President Donald Trump's Republican Party lost control of Congress. Falling crude oil prices and easing borrowing concerns have pushed bond yields lower in India and overseas. What should Indian bond investors do now?
IDBI Bank's Sale Is A Turning Point For Indian Banking
Banks in a growing economy need patient, long-term foreign capital with good governance to meet credit demand. The direction is right, points out Tamal Bandyopadhyay.
Mercedes-Benz CEO: India to be future export hub, EV sales to surge
Mercedes-Benz CEO Ola Kllenius believes India is poised to become a significant manufacturing and export hub for the luxury carmaker, citing the country's growing market, supplier ecosystem, and engineering capabilities. The company also anticipates electric vehicles (EVs) will constitute a substantial 20% of its India sales by 2027.
Dhanteras: A 12% demand surge awaits Indian gold mkt
The price of gold rose on Thursday in Mangalore, in line with global trends, after Republicans faced a major setback in the recently-concluded US midterm elections 2026.
Mumbai Airport to Shift 14 International Flights to Navi Mumbai
Mumbai International Airport Ltd (MIAL), controlled by the Adani group, plans to unilaterally shift international flights to 14 destinations from Mumbai airport to Navi Mumbai airport if airlines do not voluntarily submit relocation plans. This move is part of MIAL's strategy to redevelop Mumbai airport's Terminal 1 due to safety concerns, aiming to temporarily shift 5 million passengers annually.
'No illegal immigrants found in SIR': Owaisi takes dig at BJP Telangana Chief's Hyderabad remark
Gold prices have risen by nearly 14-15% since Dhanteras 2025. Here are the latest 24-carat gold rates, your one-year investment returns, India's gold demand trends and factors buyers should consider before planning investments for Dhanteras.
Indian aviation could benefit from West Asia conflict de-escalation: Jefferies
Lower operating expenses and improved flight connectivity could help airlines rebuild passenger demand after months of disruptions and elevated airfares
IndiGo, Asian Paints & others cheer fall of the mighty
Dhanteras is traditionally celebrated on Trayodashi, the thirteenth day of the waning moon in the month of Kartik. In 2026, this specific tithi only begins on Friday morning.
The midterm verdict on Trump's economy
Washington: President Donald Trump was publicly humbled by inflation in Tuesday's midterm elections, as rising prices provoked a blistering set of losses for Republicans in House, Senate and gubernatorial races.Most voters said that Trump's own policies had smothered growth and drove costs even higher, according to The AP Voter Poll, a survey of roughly 100,000 midterm voters.Also Read: Democrats vow bill to end Iran war after midterm sweepThe president's message that the fault lay with his predecessor, Democrat Joe Biden, didn't land. Americans saw prices start to climb with Trump's chaotic rash of tariffs last year, and energy costs spiked after he launched a war with Iran in February.About two-thirds of voters said Trump's own policies had fueled inflation. By contrast, only about half of 2022 midterm voters said this about Biden's policies, according to AP VoteCast.Voters in states from California to Mississippi were broadly in agreement that Trump's taxes on foreign imports have done more harm than good.The election results matched what voters had been telling pollsters for months, but Trump had campaigned with a decidedly deaf ear.I've done a great job, Trump said at one of his final midterm rallies in Iowa. Prices are coming way down.Voters have buyer's remorse with TrumpDemocratic victories in Tuesday's midterms signaled that most voters don't believe the economy or Trump is working for them.Consumer prices are up 3.7% over the past 12 months, compared to an inflation rate of 3% when Trump began his second term. The president told reporters on Wednesday that the Iran war drove the gasoline up a little bit short-term, but he felt the choice to fight Iran was worth it because of its push for nuclear weapons. If I had to do it again, I'd have to do it again, he said.There is no guarantee that a House and Senate with a Democratic majority can fix an economy pestered by uncomfortably high inflation. Trump and Congress would likely need to work on a bipartisan basis, or simply keep the economy stable enough to allow the Federal Reserve to ratchet down inflation through its setting of interest rates.But voters did prefer Democrats to the status quo of a president who could govern with little to no congressional pushback from Republicans.About 9 in 10 voters said the cost of living was a crucial or major factor in their vote for Congress. And about 6 in 10 of this group backed Democratic candidates in their local House races.The economy is still growing, but AI is a source of fear instead of hopeThe underlying economy is stronger than many Americans think, with the S&P 500 stock index up more than 10% so far this year and the unemployment rate at a healthy 4.2%. Investors greeted the news of Democratic wins as a positive with stocks up on Wednesday.Still, the major driver of growth has been the buildout of artificial intelligence - a boom that Trump has actively stoked by refusing to codify more aggressive federal oversight.Voters don't share Trump's optimism about AI, which he has renamed super intelligence in federal documents.Instead of buying the arguments that AI would increase productivity and accelerate growth, about 6 in 10 voters said AI will do more to hurt society.The technology could displace workers as jobs get automated or it could be a financial bubble that if popped could wreak havoc on retirement savings. Despite the anxiety, only about one-quarter of voters said AI was a crucial factor.Wealth isn't trickling down to the middle classTech billionaires such as Meta's Mark Zuckerberg, Nvidia's Jensen Huang and Elon Musk have become frequent guests of Trump, attending state dinners or jetting aboard with the president. But the growing concentration of wealth has been disconcerting for voters.Nationwide, about 7 in 10 voters said the economy favors the wealthy, while only about 3 in 10 said it's fair to everyday Americans. The wealth gap has become so extreme that even a majority of voters with a 2025 household income of $300,000 or more in the tech-heavy state of California felt the economy was tilted toward the rich.Still, a slight majority of voters across the country had a somewhat or very favorable impression of capitalism, compared to about one-third who strongly or somewhat favor socialism.But the election suggested that voters believe the government should use its heft to help reduce the cost of healthcare. About 6 in 10 said they wanted the government to play a igger role in addressing medical expenses. Most voters said Trump's policies have made healthcare costs worse.Trump caught in a trap with votersHow voters felt about the overall economy generally depended on the size of their paychecks. While Trump campaigned on stats suggesting record low poverty, the working poor saw their own finances as crumbling.For those earning less than $50,000 a year, about 6 in 10 said they were worse off now than they were two years ago before Trump became president.People with higher incomes felt better about the economy, but that created a different problem for Trump. Higher-income voters were more concerned about the state of American democracy, and voters focused on democracy overwhelmingly broke for Democrats. Without congressional approval, Trump laid off thousands of federal workers, altered federal spending and imposed hundreds of billions of dollars in new tariffs that the Supreme Court earlier this year ruled were illegal.About 4 in 10 households with 2025 household incomes above $200,000 said that democracy was their top issue, putting the issue about even with the economy. Voters in most lower-income categories, on the other hand, clearly prioritized the economy.Overall, a slim majority of voters said government corruption was a crucial factor for their vote, while about half said this about high prices. Higher-income voters were much less likely than lower-income voters to see high prices as a key factor.What most voters took away from the past 22 months of Trump's presidency was that he brokered deals, took government stakes in private companies and acted in ways that put him at the center of the economy instead of America's workers.Most voters - about 6 in 10 - said Trump's priorities were misplaced.When voters were asked if Trump fought for people like them, most said he didn't.
Germany's Dr Heinisch Agro Solutions wins registration for nano copper fertilizer in 4 Indian states
The registration was granted under a government gazette order dated April 22, 2024, which brought nano fertilizers under India's Fertiliser Control Order with defined specifications, the company said in a statement.
LG on a high as Indians give 100 cr extra cheque
Stock Markets on Nov 5: Sensex, Nifty Surge as Oil Prices Decline
Indian benchmark indices Sensex and Nifty surged significantly in early trade, driven by a sharp decline in crude oil prices and optimism surrounding a potential resolution to the West Asia conflict following the US midterm elections, which saw the Democratic Party gain control of Congress. Track Sensex, Nifty on November 5, 2026.
Dont quit your job for passion before building this safety net
Financial security gives young professionals the runway to pursue their passions without putting their savings, families or long-term goals at risk.
Gold prices in Bangalore rose sharply on 5 November, tracking gains in international bullion markets after the US midterm election results. With Dhanteras approaching on 6 November, check the latest 24K, 22K, 18K gold rates.
Cardi B reveals sons name on his first birthday: What to know about Grey Marsean Diggs
Cardi B celebrated the first birthday of her youngest child, Grey Marsean Diggs, with heartfelt social media posts. The rapper shared his full name and the first public photos of his face. In her emotional message, she reflected on how her son gave her strength during challenging times. Grey's birthday party featured a Grey's Anatomy theme, showcasing pictures from the event.
Want to gift someone insurance? Check these rules before paying
You can help loved ones buy insurance by paying their premiums, but rules on relationships, insurable interest and source of funds vary across policies.
US midterm outcome offers limited relief to India; oil, Russia sanctions remain key risks: Report
The outcome of the US midterm elections is expected to offer only marginal relief to India. Crude oil prices and potential tariffs on Russian oil purchases will continue to present economic challenges. While a Democratic majority may enhance diplomatic engagement, immediate trade relief seems unlikely. The rupee and foreign portfolio investor inflows could see some positive impact.
India's first urban ropeway nears launch in Varanasi, 96% work completed
US midterm outcome offers limited relief to India: Report
Crude prices, Russian oil tariff risks and trade uncertainty persist despite potential support for rupee and FPI inflows
The rupee opened at a two-week high against the dollar as falling oil prices and US election results lifted sentiment. However, analysts expect it may weaken in coming months, with high oil prices and weak investment flows continuing to pose risks.
Blr-Goa Vande Bharat to run as slow as Mail trains
Rupee falls 9 paise to 94.55 against US dollar during early trade
The rupee depreciated 9 paise to 94.55 against the US dollar in early trade on Thursday pressured by the broad strength of the American currency in the overseas market. Forex traders said a positive domestic market and softening of crude oil prices cushioned the downside. At the interbank foreign exchange market, the rupee opened at 94.36, then fell to 94.55 against the US dollar, registering a fall of 9 paise from its previous close. On Wednesday, the rupee stayed firm for the second straight session to settle 29 paise higher at 94.46 against the US dollar. Forward-looking markets are aggressively erasing the geopolitical risk premium built up from the US-Israel conflict with Iran, as a Democratic-controlled Congress is expected to severely constrain funding for military escalation and push for near-term diplomatic negotiations, said Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury Advisors LLP. Meanwhile, the dollar index, which gauges the greenbac
Democrats vow bill to end Iran war after midterms
Nandini ghee, butter, paneer and Trupti milk prices revised in Bengaluru
The revised price list covers multiple pack sizes, with changes applying to ghee, salted and unsalted butter, paneer and milk
Gold up 3% after US election results; experts split on sustained rally
Gold prices increased by nearly 3 per cent following the US midterm election results, with analysts divided on whether this marks a sustained rally or a temporary relief bounce. While some experts foresee gold reaching $4,200 in the near term, others caution against fresh buying, expecting a potential correction.
Buying gold tomorrow on Dhanteras? Not all gold items require mandatory hallmarking. Check which categories are exempt under BIS rules and what buyers should look for on their jewellery bills.
Pope Leo XIV meets Bob Dylan at the Vatican, exchanges gifts. What did they give each other?
Pope Leo XIV met music legend Bob Dylan at the Vatican, where they exchanged gifts during a brief meeting. The Pope presented the 85-year-old singer with a rosary, while Dylan gifted him his autobiography, Chronicles: Volume One. According to Vatican News, their interaction included greetings and lighthearted exchanges.
Actor Dean Norris and his spouse Bridget have initiated divorce proceedings in Riverside County, California, citing irreconcilable differences. The couple, who share five children, are also entangled in financial difficulties stemming from their restaurant, Swing Inn Cafe, which has filed for bankruptcy. Bridget seeks custody of their children along with spousal support.
GIZ, Pepsico India, Bayer partner to advance climate-resilient maize farming in India
The three-year initiative will combine scientific expertise, farmer training and practical interventions to support sustainable agricultural production and livelihoods.
EAM Jaishankar meets Guyana President, announces $500 million Line of Credit extension
S Jaishankar recently met with Guyana President Irfaan Ali to review their bilateral cooperation agreements. They discussed the implementation of a UPI-like system and the extension of a USD 500 million Line of Credit. Additionally, agreements were signed for manufacturing projects and Quick Impact Projects in Guyana. Jaishankar also engaged with leaders from Australia and the United Kingdom to strengthen economic partnerships.
US election results could slow AI data-centre investments, support Treasury bonds: Report
Proposed restrictions over electricity consumption, water usage and local infrastructure costs could reshape investment plans across three major US data-centre markets
Cindy Crawford and her husband Rande Gerber were recently seen in Malibu following their son Presley Gerber's death. Presley passed away at the age of 27, and the couple has been mourning their loss. They were spotted running errands while maintaining a low profile during this difficult time. Crawford shared a emotional tribute about their son on Instagram.
Centre, states to discuss mining and coal sector reforms at conference in Goa: Minister
The National Conference on Mining is set to take place in South Goa over two days. The event will involve the Centre and states discussing reforms and challenges in the mining sector. Key agenda items include launching new critical mineral auction tranches and enhancing transparency. Extensive discussions are planned with states to unlock the sector's potential and advance reforms.
Whitney Leavitt prepares for an exciting new chapter as she takes the lead in an upcoming reality series crafted by Hulu. Following her exit from 'The Secret Lives of Mormon Wives', she continues to explore diverse avenues in entertainment. Not only will Leavitt be starring, but she will also co-produce the untitled show with her husband, Conner Leavitt.
Gold and silver prices today, 5 November: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.
Blue wave, visa worries: What it means for Indians
altM raises $10.3 million from Rainmatter, Mela Ventures to expand manufacturing
To expand its manufacturing capability of speciality chemicals from farm residue like bagasse and rice straw
From Sivakasi to Diwali markets: Inside India's firecracker economy
Sivakasi's fireworks industry has an estimated annual turnover of around 7,000 crore, but the absence of comparable data makes it difficult to assess the sector's national economic contribution
Jen Affleck, pregnant with Zacs fourth child, files for divorce after 7 years of marriage
Jen Affleck has filed for divorce from her husband, Zac Affleck, after being married for seven years. The couple is currently expecting their fourth child together while raising three children, ages five, three, and one. They first met on a dating app in 2018 and married a year later. Jen announced her fourth pregnancy on social media, sharing her excitement.
India Fades From Global Investors' Radar
India is caught in a no-man's land, not cheap enough for value investors to pile in but not growing fast enough to attract growth investors either, asserts Akash Prakash.
Google voluntary buyouts: What's the exit package?
Gold jumps Rs 4,800, silver surges Rs 9,000 ahead of Dhanteras; check latest rates
Gold prices in Delhi jumped 4,800 to 1,46,600 per 10 grams, while silver surged 9,000 to 1.93 lakh per kg on November 4. Festive demand, a weaker US dollar and a global bullion rally supported the recovery, with international gold rising 3% and silver gaining 4.5%.
Fire breaks near Delhi's Laxmi Nagar
Trump's midterm loss dims N Korea hopes
Seoul: A meeting between Donald Trump and North Korean leader Kim Jong Un appears increasingly unlikely when the US president travels to Asia in November, analysts say, after he suffered a crushing midterm election defeat.Trump had said he may meet Kim this month and that it would be exciting, but appeared to backtrack in October, saying, I don't know... I'm not sure that anybody's asking for a meeting, while adding that his elationship with Kim Jong Un is very good.Trump's focus on Kim and his scaling back of joint US-South Korean military drills have alarmed Asian allies, while sparking speculation that he is seeking a foreign policy win as his war with Iran stalls.Also Read: Trump renews push for permanent daylight saving time, urges Senate to pass Sunshine Protection ActBut Kim's powerful sister Kim Yo Jong signalled on Wednesday that there was little appetite for renewed dialogue with Washington, saying Pyongyang had o need to sit face to face with such unreliable and hostile persons.The choice for peace includes dialogue of course, but this is not surely equated with national interests for us, she said.Kim Yo Jong's comments came after the FBI accused North Korea of a $6 billion heist from cryptocurrency exchange Binance -- allegations she had previously slammed as a grave political provocation.Kim's statement marked a shift from defence to offence, said Lim Eul-chul, a professor at Kyungnam University's Institute for Far Eastern Studies in South Korea.The latest statement uses the (cyberattack) issue as an opportunity to condemn the entire US policy of pressure against North Korea, he told AFP.Also Read: Democrats' US midterm sweep may give India more room to negotiate a balanced trade deal with TrumpIn 2019, North Korea's Kim Jong Un made a 60-hour train journey home from Hanoi empty-handed after a summit with Trump collapsed.Now, the dynamic has reversed. Trump is making repeated overtures, only to be met with reluctance from Pyongyang.For Kim Jong Un, maintaining the status quo is the best option right now, Lim said.Weakened TrumpAnalysts say the North Korean leader has even less incentive to meet Trump after his Republican party suffered a thumping defeat in the US midterm elections on November 3.Voters handed control of Congress to the Democrats in a stunning rebuke to Trump, leaving him as a lame duck president for the remaining two years of his term.Trump is expected to continue pursuing top-down dialogue with North Korea, said Yang Moo-jin, former president of the South's University of North Korean Studies.But Washington's divided government and Trump's lame-duck status will be an important variable for North Korea.Pyongyang will be sceptical of Washington's ability to deliver lasting concessions, said Michael Bosack, founding director of the Parley Policy Institute and a former UN Command official.The Kim regime is looking for substantial and durable changes in US policy towards North Korea. Right now, nothing Trump offers comes with a guarantee that it will last beyond January 2029, Bosack told AFP, referring to the date when the US president's second term ends.Kim's deepening ties with Russia and China have also strengthened his position and reduced his incentive to engage with Washington.North Korea's economy grew more than three percent for a third straight year in 2025, Seoul's central bank estimated in July, citing Pyongyang's expansion of economic cooperation with Russia as its major driver.Nuclear ambitionsEven if Trump and Kim agree to meet, their differences over North Korea's nuclear weapons programme remain a major obstacle to any breakthrough.Pyongyang has repeatedly made clear it is no longer prepared to discuss denuclearisation.Kim Yo Jong said in September that the country's nuclear-armed status was absolute, calling those hoping for denuclearisation idiots.It came as South Korea's dovish President Lee Jae Myung -- who has repeatedly offered Pyongyang talks without preconditions -- suggested Washington seek a freeze, rather than the immediate elimination, of the North's nuclear programme and offer sanctions relief in return.That approach would face significant obstacles following Trump's midterm defeat though, with Democrats committed to denuclearisation and Congress holding powers over sanctions relief.Pyongyang retains negative memories of failing to make progress in negotiations under the Biden administration because of its position that there would be no sanctions relief or dialogue without prior denuclearisation measures, Kyungnam University's Lim said.North Korea's distrust of Washington, coupled with the uncertainty surrounding any agreement with Trump, could boost its nuclear ambitions.North Korea's belief that independently advancing its nuclear arsenal, regardless of changes in US administrations or political parties, was the right and strategically sound decision will be further reinforced, Lim said.Pyongyang has carried out a flurry of weapons tests in recent weeks, including trials of cluster-bomb warheads, attack drones, a precision-guided torpedo system and an intermediate-range hypersonic missile.The development, testing and training of new weapons will become regular and routine activities, Lim predicted.
Oil prices hit two-month low after U.S. Democratic win
Brent crude futures dropped 1% to $93.5 per barrel, after an 8.7% slide in the previous session
Mita Vashisht recalled how Shah Rukh Khan saved her from a potentially fatal fall while shooting Dil Se in Dalhousie. The actress revealed that she nearly fell off a steep ridge because of slippery footwear, but Shah Rukh grabbed her jacket and pulled her back. She also remembered his warmth and protective nature.
India has a huge fireworks industry, then why does it exports so little?
India's fireworks industry is worth an estimated 7,000 crore, yet exports remain below $1 million, or just 0.042 per cent of the global export market
Not raj kachori but raj katori: Mumbai nutritionist shares high-protein recipe for Diwali
During Diwali, raj kachori takes centre stage as a beloved snack for chaat enthusiasts. Mumbai nutritionist Vanshika Khurana and Bengaluru food influencer Shreya Agarwala have ingeniously reinvented this traditional dish into a healthier alternative. By utilising roasted papad shaped into delightful bowls filled with nutritious ingredients like sweet potato and sprouts, topped with chutneys, Skyr, and pomegranate, they keep the festive spirit alive in a wholesome way.
Trump pushes for permanent daylight saving time
Israeli President Isaac Herzog has accepted the election results and started consultations with party leaders. Netanyahu's bloc lost its majority in the Knesset, while Arab-led parties made significant gains. The elections commission reported no evidence of fraud, despite Netanyahu's allegations. Herzog emphasized the importance of public trust in the electoral process during his consultations. If coalition talks fail, Israel may face another election in the near future.
Oil cracks below $94 as US midterm shock bites
GPU Shortage Puts AI Startups In A Bind
India's AI startups have the money to run their models, but a shortage of GPUs is delaying projects, increasing costs and limiting growth.
The 8th Pay Commission has received fitment factor demands from employee and pensioner unions. Why are organisations seeking multipliers of 3.61 to 4.00? How did they calculate the minimum basic pay of 65,000 72,000, and what happens next?
Pentagon chief tech officer says US will detail laws that apply to AI labs this month
The US federal government is preparing to reveal the regulations applicable to domestic AI labs. Pentagon Chief Technology Officer Emil Michael announced that details will be shared in a couple of weeks. The Super Intelligence Task Force was established to regulate AI policy following concerns about industry practices. Michael emphasized the importance of creating a regulatory framework that builds public confidence.
A new employment economy: Why J&K needs to bet on GCCs
Srinagar, Nov 4:With thousands of educated young people in Jammu and Kashmir struggling to find suitable employment, Global Capability Centres (GCCs) could open a new avenue for jobs, investment and economic growth in the Union Territory. The possibility of attracting multinational companies to establish their business operations in J&K came into focus during the two-day J&K GCC Summit held at the Indian Institute of Management (IIM), Jammu, on October 9 and 10. The summit brought together government officials, industry leaders, investors and academic experts to explore how Jammu and Kashmir could become a destination for companies looking to establish their global operations outside major cities such as Bengaluru and Hyderabad. The government has also constituted an apex committee, headed by NIIT Chairman Rajendra Singh Pawar, to work towards attracting GCC investments to the Union Territory. But what exactly are GCCs, how do they work, and why does J&K need a separate policy to attract them? What are Global Capability Centres? Simply put, a Global Capability Centre is an office established by a multinational company in another country to manage some of its important business operations. For example, a bank headquartered in London may establish a centre in India to handle its accounting, technology, customer services and financial operations. Similarly, a technology company may establish a centre to develop software, manage data, work on artificial intelligence or provide technical support to its international operations. Unlike ordinary outsourcing, where a company hires another firm to perform a particular job, a GCC is owned and controlled by the multinational company itself. Employees working in the centre are part of the companys wider global workforce. Over the years, these centres have moved beyond routine office work. They now undertake specialised activities, including software development, financial management, cybersecurity, research, data analysis and technology innovation. How can they benefit J&K? For J&K, the biggest attraction is employment. The Union Territory has thousands of educated graduates in engineering, commerce, management, science and other disciplines. However, opportunities in specialised private-sector jobs remain limited, forcing many young people to move outside the region. GCCs could provide these graduates with opportunities to work for international companies while remaining in Jammu and Kashmir. The centres could employ software engineers, accountants, financial analysts, customer support executives, data specialists and other professionals. They could also create jobs for people with different educational backgrounds through administrative, human resource and business support functions. Their presence would also benefit other businesses. More offices and employees would generate demand for rented accommodation, transport, restaurants, hotels, commercial buildings and other services. Indias growing GCC industry India has become one of the worlds leading destinations for GCCs because of its educated workforce, technology infrastructure and comparatively lower operating costs. According to industry estimates cited in the Nasscom-Zinnov India GCC Landscape FY26 report, the country has 2,117 GCCs employing around 2.36 million people and generating approximately $98.4 billion in revenue. Bengaluru and Hyderabad have emerged as major centres. Bengaluru hosts around 1,080 GCCs employing more than six lakh people, while Hyderabad has approximately 515 centres employing over three lakh people. Their success has also encouraged other states to introduce dedicated policies offering incentives, office infrastructure and support for companies willing to establish operations. J&K is yet to have a dedicated GCC policy. Industry believes Kashmir has the talent Faizan Kanth, Managing Director and CEO of SSGSERV, a global GCC and managed-services company operating in Bengaluru, Birmingham, Dubai and Manila, believes Kashmir has the talent required to become part of the global industry. The company already has an operational centre in Srinagar and has signed an MoU to create 500 jobs by mid-2028, with plans to expand employment to 1,500 across GCC and managed-services operations. In eleven years of building GCCs for global enterprises, one lesson holds: talent decides where the work goes. The talent we have assessed in Kashmir stands with the best we have hired anywhere. What it lacks is not ability. It is access, Kanth said. He believes government policy will determine whether more companies are willing to establish operations in the region. Global companies do not choose a city; they choose a policy. Bengaluru and Hyderabad won because their governments made it easy to say yes. J&K can do the same, and industry is ready to move the day it does, he said. The challenge now is to translate the interest generated by the GCC summit into a practical policy that provides companies with ready office space, reliable internet connectivity, incentives for employing local youth and faster government approvals. For J&K, the objective should be to create an environment where multinational companies can establish operations, expand their businesses and provide meaningful employment to local graduates. The recent summit and the constitution of the apex committee have provided a beginning. The real test will be whether these initiatives lead to actual investments and jobs on the ground.
Breaking News Live Updates: Delhi's Nauroji Nagar Ring Road records AQI of 416, air quality 'severe'
Gujarat and Punjab announced a 3% DA hike for state government employees and pensioners on 4 November 2026. Check the revised rates, arrears and when employees and pensioners will receive the increased amount.
What the midterms mean for US-China ties
Beijing: A sweeping victory for Democrats in US midterm elections this week, giving them control of Congress, presents both an opportunity and challenge for top rival China, analysts say.Here is how the outcome of the vote, which offers the Democratic Party the power to stymie President Donald Trump's maverick foreign policy, could impact the thorny relationship between Washington and Beijing:Will tariffs be limited? Winning control of both houses in the US Congress puts Democrats in a position to limit Trump's liberal use of tariffs on Chinese products in the two years he has left in office, analysts say.That could be a potential blow to Trump, who has wielded duties throughout a frenzied US-China trade war before the two sides reached a truce, set to expire in January.If Democrats limit Trump, that means he will be less able to leverage a tariff card in negotiations with China, said Wu Xinbo, dean at the Institute of International Studies at Fudan University in Shanghai.However, Democrats will also have to weigh their actions against the popularity of Trump's tariffs among US businesses.Congress will ake every opportunity to thwart (Trump's policies) over the next two years, said Drew Thompson, a senior fellow at the S. Rajaratnam School of International Studies at Singapore's Nanyang Technological University.But Democrats will still have to tread carefully on further restricting tariffs that are popular with unions, blue-collar workers and small businesses... who have historically been a base constituency for the Democrats, Thompson said.Congress will be less inclined to support measures that would sharply escalate pressure on China if doing so risks raising costs for American consumers and businesses or increasing the likelihood of conflict, said Patricia Kim, a foreign policy fellow at the Brookings Institution in Washington.Taiwan a 'game changer'? The issue of Taiwan, the US-backed democratic island claimed by Beijing, could be a game changer, said Neil Shearing, group chief economist at Capital Economics.Washington is Taipei's most important security backer and has sold billions of dollars' worth of arms to Taiwan that the island would use to fend off a potential Chinese attack.But Trump threw the US stance into question in May when he declared that US arms sales to Taiwan could be a bargaining chip in talks with China. His administration has since delayed for months a $14-billion batch of weapons.China could use the remaining two years of Trump's presidency to increase pressure on Taiwan, particularly if Beijing judges that Washington is distracted or that Trump would be willing to agree terms to not intervene, Shearing wrote in a note.Trump, who recently hailed his great friendship with China's President Xi Jinping, has so far resisted political pressure from Democrats -- and some Republican lawmakers -- to greenlight the arms package.But a Democrat-controlled Congress may force Trump to resume arms sales to Taiwan next year, Wu said.If that happens, that will also undermine the stability of US-China relationship.Alternatively, for China, renewed support of Taipei from the US Congress may be a stronger incentive for (Beijing) to play it safer with Taiwan, said Steve Tsang, director of the SOAS China Institute.Nevertheless, Thompson pointed out, while Congress can pass bills requiring Trump to approve an arms sale, the president retains the power to veto it or simply ignore it.Will Beijing treat Trump as a lame duck? From China's perspective, even though Trump has been politically weakened by the midterms, Beijing is unlikely to change its strategy towards working with him, analysts say.Beijing is likely to continue cultivating him through high-profile, leader-to-leader engagement with Xi Jinping, viewing this as the least costly way to manage relations with Washington, said Kim.Neither Beijing nor Washington appears to expect or seek a fundamental improvement in bilateral relations, she added.Tsang of the SOAS China Institute said Trump being relegated to lame-duck status will be used by the Chinese to put more pressure on him.But, he added, Beijing is calculating and would not want to push too hard and trigger Trump behaving totally irresponsibly.
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Crude oil prices declined sharply on Wednesday, with Brent prices falling below the $100 mark on hopes of a peace deal in the Iran war following the Democrats' victory in the US midterm elections.Brent crude prices were trading over 8% lower at $94.91 a barrel while WTI oil was at $88.42 a barrel.For live updates on US Markets, click hereDemocratic victories have prompted investors to reassess the US administration's approach to the Iran conflict. Markets are speculating that President Donald Trump may shift towards diplomacy rather than further military escalation.Qatar has stepped up mediation efforts between Washington and Tehran. Reports of discussions around a possible peace agreement have raised hopes of stabilising Middle Eastern oil supplies.However, negotiations remain uncertain, with Iranian officials indicating that the two sides are still far from an agreement.Also Read: Democratic victory in midterm elections adds a new twist to stock markets' Iran war, AI, and debt worriesTrump's statement that the US has no immediate plans to strike Iran has eased fears of another escalation. This has encouraged traders to unwind some of the geopolitical premium built into crude prices.Gulf exports of crude, condensate and refined products recovered to 17.1 million barrels per day in October. Although still below pre-war levels, the recovery has eased concerns about immediate supply shortages.
