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Trump's $10-bn BBC suit allowed to proceed
A federal judge on Tuesday said President Donald Trump's $10 billion defamation lawsuit against the BBC over a misleadingly edited clip of a speech can go forward, but threw out Trump's unfair trade practices claim against the broadcaster.Trump is suing Britain's publicly funded broadcaster for at least $10 billion over edited clips of a speech that made it appear he directed supporters to storm the US Capitol on January 6, 2021. The case is one of several Trump has privately filed against the news media as part of a wider pressure campaign against coverage he dislikes.Also read | US: House Republicans block bid to impeach Defense Secretary Pete HegsethUS District Judge Jeffrey Kuntz in Florida declined to throw out Trump's defamation claim against the BBC, saying Trump had plausibly alleged that the broadcaster damaged his reputation and knew or should have known the clip was misleading. Kuntz's ruling did not decide whether Trump has proven those claims.The BBC and Trump's representatives did not immediately respond to requests for comment.The BBC previously admitted the edits were misleading and apologized to Trump, though it denies being liable for defamation.Trump's lawsuit, filed in December in Florida federal court, accuses the BBC of defaming him by splicing together parts of the speech, including one section where he told supporters to march on the Capitol and another where he said fight like hell. It omitted a section in which he called for peaceful protest.The edited speech appeared in a BBC Panorama documentary show shortly before the 2024 presidential election, which Trump won. A leaked internal BBC memo cited the edits as evidence of potential political bias, sparking a public relations crisis for the broadcaster and leading to high-level resignations.
A financial report card from the future
A conversation with his 80-year-old self forces Mohit to confront the long-term consequences of his financial choicesand rethink the decisions he makes today.
The Stranger Things prequel series Other Worlds: A Stranger Things Adventure will air on Netflix in 2028. Principal photography will begin in Albuquerque, New Mexico in March 2027 and will run until August. The series is set in 1955 in Marion, Nevada. It is being developed by Kate Trefry, Matt Duffer and Ross Duffer.
Global cotton output to decline as US, India crops shrink, says USDA
Lower production estimates for India, the US and Turkey have offset higher output projections for China and Australia in the latest USDA assessment
The first four episodes of The Rings of Power Season 3 will be released on Prime Video on November 11, 2026. The eight-part series will be released in three parts with new episodes on November 18 and 25. The story will cover five years after the fall of Eregion and Sauron will prepare to make the One Ring as another war breaks out in Middle-earth.
Wells Fargo upgrades US AI infrastructure stocks to neutral after chip rout
Wells Fargo upgraded its view on US artificial intelligence infrastructure companies to neutral from negative, saying a sharp decline in semiconductor stocks had improved the sectors risk-reward profile despite persistent concerns about slowing AI investment, Reuters reported.Semiconductor shares have fallen about 38% from their June highs, while valuation multiples have contracted significantly. The brokerage said current prices already reflect much of the expected slowdown in AI-related earnings growth.Also read: Traders raise odds of 50 bps Fed rate hike as CPI rise exceeds expectationsRisk-reward is reasonable, analysts led by Ohsung Kwon said in a note on Monday.Current semiconductor valuations imply annual earnings growth of roughly 8%, according to Wells Fargo.Democratic victories in last weeks US midterm elections, including in states where opposition to new data centres has increased, fuelled concerns that tighter regulation could slow the AI infrastructure buildout. The resulting sell-off erased about $3 trillion from the market value of S&P 500 companies.However, Wells Fargo warned that markets have not fully priced in the risk of an earnings downturn in 2028 as capital spending peaks, supply increases and depreciation costs rise.For live updates on US Markets, click hereThe brokerage estimates that AI-related investment added about eight percentage points to S&P 500 earnings growth over the past year.The tailwind is expected to continue in 2027, the analysts said, but it could largely disappear in 2028 as spending growth slows and depreciation expenses increase.(Disclaimer: This article is based on inputs from agencies. These do not represent the views of The Economic Times)
'Global credit conditions to weaken next year'
Zara owner Inditex commits $50 million to fund low-cost loans for suppliers going green
Zara owner Inditex has committed $50 million to an IFC-led fund that aims to raise $400 million to provide low-cost loans to suppliers investing in energy efficiency and cleaner energy. The initiative seeks to help smaller businesses, particularly in developing countries, transition to net-zero operations as the fashion industry faces pressure to reduce emissions.
GLP-1 drugs for weight loss linked to vision loss
Social Security benefits are not tax-free for every retiree in 2026. Just over half of beneficiaries are expected to pay federal income tax on their benefits, according to the Congressional Budget Office. Eight states also tax Social Security payments, although income-based exemptions offer relief. Federal tax thresholds, retirement withdrawals and state rules will determine how much retirees actually keep.
The property was purchased by Williams from actress Davinia Taylor, who herself had bought it off Noel Gallagher in 1999. Comedian David Walliams sold Supernova Heights for 5.35million in 2018. According to reports, when bought it, the mansion was turned from a four-bed house to a three-bed. Some floors and ceilings were reportedly knocked out.
Odisha scraps pension quota system, adds over 500,000 beneficiaries
The state government has abolished the quota-based pension system, expanding coverage under the Madhu Babu Pension Yojana to 4.18 million beneficiaries with an additional 625 crore annually.
NASA has announced a $1 million Moon Base Student Challenge, inviting eligible high school and college students in the US to develop innovative solutions for building a permanent human settlement near the Moon's South Pole. The competition will focus on six areas, including power generation, construction, life-support systems and astronaut safety.
Green hydrogen slump delays electrolyser projects
LeVar Burton's new memoir, Take My Word for It, explores his childhood, his estranged relationship with his father and the lasting influence of his mother. Published by Random House on November 10, the book also revisits his journey from Roots to Reading Rainbow and his lifelong commitment to literacy.
Feds Christopher Waller opens door to 50-basis-point December rate hike after hot CPI
Federal Reserve Governor Christopher Waller's remarks intensified the debate over a possible half-percentage-point interest-rate increase in December after US inflation data came in hotter than expected on Tuesday, Bloomberg reported.In a speech delivered in London before the release of Octobers Consumer Price Index, Waller said he was inclined to support a rate increase in December. He warned that a 50-basis-point move might be necessary if inflation continued to accelerate, arguing that the Feds credibility could otherwise be at risk.Hours later, data showed that consumer prices rose more than expected. Core inflation, which excludes food and energy, increased 0.3% from the previous month, meeting the threshold Waller identified as grounds for considering a larger rate increase.Also read: Traders raise odds of 50 bps Fed rate hike as CPI rise exceeds expectationsWallers remarks represent the clearest signal yet from a Fed official that policymakers may need to raise rates in December by more than the quarter-percentage-point move markets had expected.Several senior Fed officials, including Vice Chair Philip Jefferson and New York Fed President John Williams, are scheduled to speak this week.Fed watchers said Wallers comments did not make a 50-basis-point move certain but would add urgency to the debate over how aggressively policymakers must act to contain inflation.This is not a print that screams out the need to go 50, but certainly provides ammunition to the argument to do so, Christopher Hodge, chief US economist at Natixis, told Bloomberg.For live updates on US Markets, click hereTom Porcelli, chief economist at Wells Fargo, said he expected the Feds policy-setting committee to support another rate increase unanimously, although the size of the move remained open for debate.This locks it down, Porcelli said, referring to the likelihood of at least a 25-basis-point increase. With Waller introducing that idea, the market is going to run with it in the face of this firm print.Following Wallers remarks and the inflation report, investors priced in a more aggressive path for interest rates in the coming months. However, markets remained unconvinced that policymakers would deliver a half-point increase in December.Federal funds futures continued to indicate a quarter-point move in December, followed by additional increases of the same size in January and possibly April. Investors had previously expected rate increases in December and March.Waller described the US economy as strong and the labour market as stable but said inflation remained too high.If, as I expect, the monthly rate of inflation improves in October, I am leaning toward supporting an increase in our policy rate of 25 basis points, Waller said.But if the October CPI inflation data out later today are similar to the past two monthly readingswith core CPI inflation around 0.3% or even higherthen a stronger policy move may be needed, he added. In that case, I believe a 50 basis point hike in the policy rate should be considered at the December meeting.Under such a scenario, Waller said a conventional quarter-point increase would do little to reassure the public that the Fed was serious about controlling inflation.Hiking only 25 basis points would put our credibility at risk, a risk I am not eager to take, he said.Also Read: Are days of easy money over? Aswath Damodaran warns of a new mkt realityHot CPI intensifies rate debateData released later by the Bureau of Labor Statistics showed that core consumer prices rose 0.3% in October from the previous month, while the headline CPI increased 0.4%.Fed officials held interest rates steady last month, saying the accumulation of more information would help them determine the appropriate policy setting.The 10-2 decision followed a unanimous vote in September to raise the benchmark rate by 25 basis points to a target range of 3.75% to 4%. Several policymakers have since indicated that additional increases may be necessary.Data released last week showed that job growth accelerated in October while the unemployment rate edged lower. Fed officials will receive another employment report and a full set of inflation data before their December meeting.During a question-and-answer session with Bloombergs Francine Lacqua after the speech, Waller said the Fed did not want to slam the economy down.Its not that were going to jack up the policy rate 150 basis points or 200 basis points, he said. We are looking forward and saying we need to do something; at a minimum, probably take back the three insurance cuts that we put in last year.Waller added that monetary policy had not been nearly as restrictive as I thought it was.(Disclaimer: This article is based on inputs from agencies. These do not represent the views of The Economic Times)
Electronic gold receipts let Indian investors own gold digitally while it is stored in Sebi-approved vaults. Here's how it works and how to purchase units online.
How would impeaching Hegseth work?
A 5 lakh gift from a brother to his sister is tax-free under the Income-tax Act, 2025. However, siblings must follow cash transaction rules. Know when gifts are exempt, when they become taxable and how to transfer money legally.
Democrat Mary Peltola widens lead in Alaska
India well on track to achieve $1 trillion exports target for FY27: Piyush Goyal
Commerce Minister Piyush Goyal said India is on track to achieve its $1 trillion goods and services export target in FY27, having already recorded nearly $480 billion in exports during April-September. He highlighted opportunities from free trade agreements, particularly the proposed India-EU pact, for the automobile and mobility sectors. Goyal urged manufacturers to expand globally, boost competitiveness and leverage international partnerships to drive exports, investment and employment.
AFT's Chandigarh Bench rules that Wing Commander Chandi is entitled to pension and other retirement benefits after modification of its 2015 judgment.
Anthropic IPO: Amazon has invested at least $13 billion in Anthropic and in April agreed to invest up to an additional $20 billion. Google has committed up to $40 billion to Anthropic, including an initial $10 billion investment announced in April.
AQI differences with private apps due to different methodology, not data under-reporting: CPCB
The Central Pollution Control Board clarified the differences in Air Quality Index readings from private applications and its platform. It emphasized that the variations stem from differing measurement methodologies rather than under-reporting. The CPCB noted that during extreme episodes, data gaps may appear due to calibration limits of monitoring instruments. Since 2015, improvements in monitoring technology have been ongoing to enhance air quality reporting.
GTA 6 performance on PS5, PS5 Pro and Xbox Series X & S: Why 30 FPS on all consoles?
GTA 6 will aim to run at 30 FPS on all consoles like PS5, PS5 Pro and Xbox Series X & S. Rockstar Games have confirmed that GTA 6 will run at 30 FPS due to high CPU demands in the open world simulation in Leonida. The PS5 Pro will also have some extra ray tracing features and PSSR upscaling.
Bharat Mobility 3.0 to see 50 countries, 1,750+ exhibitors on February 4-9, 2027
Industry sources said countries such aslike the US, China, Japan, Mexico, Sri Lanka, Germany, Italy, Spain, and Taiwan, are also among the over 50 nations taking part in the mega show
European carmakers may set up manufacturing units in India soon: Goyal
European automakers may establish manufacturing units in India after testing domestic demand under the India-EU FTA, which is expected to take effect in the first half of 2027.
India-US hold bilateral talks in New Delhi on Customs and trade facilitation: Govt sources
A US delegation engaged with Indian Commerce Ministry officials to enhance bilateral trade and customs procedures. The discussions took place on November 2-3 and focused on trade facilitation frameworks. Ongoing negotiations are related to the proposed Bilateral Trade Agreement aimed at improving market access. Both nations are close to finalizing an interim trade agreement, with few issues left to resolve.
India on track to achieve $1 trillion export target this fiscal, says Piyush Goyal
The Commerce Minister also pointed to expanding trade access, foreign investment interest and manufacturing opportunities in Indias automobile sector.
Trump administration moves to cut food stamps for 6.3 million people
A proposed rule issued by the US Department of Agriculture would curb automatic eligibility for Supplemental Nutrition Assistance Program benefits, also known as food stamps, for households receiving cash aid under the Temporary Assistance for Needy Families Program.
Basic pay of 29,200, Dearness Allowance, HRA and Transport Allowance determine monthly gross salary; annual earnings reach approximately 7.47 lakh in X-class cities.
The NCPA has urged EPFO to stop rejecting EPS-95 higher pension claims, withdraw its January 2025 circular and withdraw pending court appeals, alleging that retirees are being denied benefits through technicalities despite the Supreme Court's 2022 judgment.
Mississippi race: Can Democrat Scott Colom win?
US team visits Delhi to advance technical aspects of India-US trade pact
The official said technical discussions on the proposed pact were expected to continue irrespective of the Republican loss, although there was no clarity on the future course of the trade deal
'I really believe him': Trump backs Nvidia CEO
The Bihar Cabinet has approved a three-percentage-point increase in dearness allowance for state employees and dearness relief for pensioners, effective July 1, 2026.
Maharashtra govt opposes flight transfer to Navi Mumbai : Report
According a media report, Chief Minister Devendra Fadnavis has written to Civil Aviation Ministry on the issue
Urban youth unemployment hits six-quarter high in Q2; Kerala tops states
The urban youth unemployment rate rose to 18.9 per cent in Q2FY27, while the overall jobless rate fell to 5.1 per cent; Kerala recorded the highest unemployment among states
PHDCCI seeks 180-day NPA window for MSMEs, higher MUDRA loan limits
In its pre-Budget proposals for FY28, the industry body has sought a longer NPA classification window, higher MUDRA loan limits and stronger credit support for MSMEs
Anthropic Kicks Off IPO Roadshow, Targets Raising $64.35 Billion
Artificial intelligence company Anthropic has officially launched its initial public offering (IPO) roadshow, aiming to raise up to USD 64.35 billion by offering 825 million shares at an expected price range of USD 70 to USD 78 per share. The company plans to list its Class A common stock on the Nasdaq Global Select Market under the ticker symbol 'ANT'.
Milan prosecutors ask to drop case against mayor and real estate magnate in planning probe
Italian prosecutors have asked a judge to drop a
Gifts received from a brother are exempt from income tax, regardless of value. Here's when it becomes taxable.
Easing global headwinds, lower crude oil prices may further lift rupee in coming months: Economists
Economists predict the Indian rupee will strengthen against the US dollar in the coming months. Factors contributing to this appreciation include lower crude oil prices and improving foreign capital inflows. Additionally, a weaker US dollar and the easing of geopolitical tensions are supporting this trend. The Reserve Bank of India has implemented measures to stabilize the currency and enhance dollar availability.
The Supreme Court has clarified that a grandson cannot claim a birthright in property inherited by his father under the Hindu Succession Act, 1956. The ruling explains when inherited property becomes the father's exclusive property.
Indias rice procurement down by 19 lakh tonne in October due to poor arrivals
Buying drops significantly in Haryana and Tamil Nadu, but Punjabs purchase is nearly at par
Country singer CJ Beach dies at 22 in crash
Indias 2026-27 apple imports may increase 19% to 5.11 lakh tonne on rising demand
USDA Post forecasts Indias apple consumption rising 5% and domestic production up 3% during the year
Andhra Pradesh sees 74% conversion of 22.6 trillion investment proposals
The state has converted 526 of 714 investment projects since June 2024, representing 17.2 trillion in proposed investments, ahead of the CII Partnership Summit in Visakhapatnam
Yemen's Houthis claim attacks on Riyadh airport
CCI clears Advent International's Rs 3,150 crore investment in Yatharth Hospital
Advent International has officially secured the green light from the Competition Commission of India to channel an impressive Rs 3,150 crore into Yatharth Hospitals through its affiliate, Rasmalai Limited. Post-investment, Advent will own a 24.9 percent minority stake in the healthcare entity, which is poised to leverage this financial boost for its expansion efforts and enhancing its healthcare network amidst a backdrop of thriving operational revenues and profit growth.
Dimitra Tech in partnership with Indonesian govt arm on EUDR compliance
The British Virgin Islands-based company will partner in the coffee, cacao, palm and rubber sectors
The government has clarified pension commutation rules for central government retirees, identifying five categories eligible to commute pension without medical tests. Pensioners must meet the one-year deadline, while others may need medical examination.
Delhi's last 48 villages go urban, opening new real estate frontier
Delhi's decision to urbanise its remaining 48 rural villages could create new property markets near Gurugram, but experts say zoning, land pooling, infrastructure and approvals hold the key
J&K brings tree felling under self-certification, raises questions over safeguards
The government issued a notification on November 4 operationalising key provisions of the Act, including self-declaration, pre-establishment approvals and protection from routine inspections
Veterans Day 2026: Is USPS delivering mail?
Producers welcome Tea Board panel recommendations on minimum sustainable price
Panel proposes wage-linked pricing mechanism to protect producers, small growers and industry competitiveness
Dabur hints calibrated price hikes amid inflation, focus on cost optimisation to protect margins
The company is navigating an inflationary environment, with rising crude oil prices amid the West Asia conflict adding to cost pressures across the supply chain, said Dabur India CEO (India Business) Herjit Bhalla during the post-earnings investor call last week.
UPI volume jumps 32% on Diwali driven by last-minute festival buying
Transactions through the popular Unified Payments Interface (UPI) witnessed a 32 per cent surge in volume terms on Diwali driven by last-minute festival buying. UPI volume increased to 916.9 million on November 8 from 695.7 million transactions on the same day last year, according to data released by the National Payments Corporation of India (NPCI). In value terms, UPI transactions rose to Rs 90,029.43 crore on November 8 against Rs 88,350.79 crore last year. A day prior to Diwali, the transaction volume was 975.8 million resulting in transfer of Rs 1,36,118 crore. UPI is an instant payment system developed by the NPCI. NPCI, an initiative of the Reserve Bank of India (RBI) and the Indian Banks' Association (IBA), is an umbrella organisation for operating retail payments and settlement systems in India. Last month, UPI transactions touched 25.47 billion while in value terms it was 31.53 lakh crore in entire October supported by festival buying. As far as overseas presence is ...
Mahindra: India Has A Compelling AI Opportunity
Mahindra Group Chairman Anand Mahindra stated on Tuesday that India possesses a compelling AI opportunity, citing the nation's software talent, systems integration expertise, and vast domestic market for AI applications. He believes this potential could give renewed interest in Indian equities more staying power.
Advanced airfield ground lightingcapability commissioned in Hyderabad Airport
The upgraded capability will enable aircraft operations in significantly lower visibility conditions
Your first salary is an opportunity to build sound financial habits. From budgeting and creating an emergency fund to buying health insurance, managing credit cards and starting SIPs, here are five money decisions young earners should make early.
Russia, Ukraine first peace talks in 9 mths
Abu Dhabi: Russian and Ukrainian officials met in Abu Dhabi on Tuesday for their first US-brokered talks since February, after President Donald Trump suggested last week that a broad deal was possible on ending the war in Ukraine and guaranteeing security in Europe.US envoy Jared Kushner told delegates that recent contacts with both sides had eally identified, narrowed the gaps, and the US side had some good ideas on how to bridge their differences. Trump, he said, was committed to achieving peace.Also Read: US-mediated talks on ending Russia-Ukraine war begin in Abu DhabiHe really has asked us to put extra effort into trying to find a solution that hopefully ends the war but also leaves both sides in a much stronger position to realise their full potential, Kushner said.But more than 4-1/2 years after Russia's full-scale invasion of Ukraine, and with Russian forces holding about a fifth of the country, Moscow and Kyiv remain far apart - despite Trump's optimism - on terms for a possible settlement.Ukraine's chief delegate, Rustem Umerov, said in his opening remarks that Kyiv was focused on achieving security guarantees and a lasting peace.Also Read: Trump says Iran war's 'militarily' over, but US 'locked and loaded'Russian Foreign Minister Sergei Lavrov underlined Moscow's preference for negotiating a broad European security framework before tackling the specifics of the war.The idea of defining clear parameters for a future security architecture, and only then moving on to resolving the actual Russia-Ukraine conflict, is absolutely reasonable, he told reporters in Moscow.European Commission President Ursula von der Leyen on Monday voiced the opposite view, saying wider security talks should come only after a ceasefire in Ukraine. Lavrov again rejected the notion of a truce, saying the Europeans were trying to buy breathing space for Ukraine.Europeans seek a role in the processThe new American drive for a deal has galvanized European officials into pushing for a place at the table to seek an end to the continent's deadliest conflict since World War Two.Before the start of the main meeting, the Ukrainians met separately with European, NATO and EU representatives and the two American envoys, Kushner and Steve Witkoff.France said there could be no lasting peace in Ukraine without addressing European security, and that this required the involvement of the Europeans.Russia had made clear it did not see a place for Europeans at the meeting with the Ukrainians and Americans.On the eve of the talks, Trump said Washington was seeing a very strong inclination towards ending the war, and that both sides were ired of fighting. After meeting privately with Russian President Vladimir Putin's envoy last week at the White House, Trump predicted that a peace deal could emerge soon.Trump has frequently said an agreement was close, without a deal emerging. However, negotiations have picked up again in recent weeks after months in which Washington's attention was focused on the war in Iran.Publicly, there has been no sign that Putin is willing to drop his insistence that Ukraine surrender the entire eastern region of Donbas before a peace deal can be struck.Ukrainian President Volodymyr Zelenskiy has refused to hand over land that his forces have died defending.Russian front-line advances have slowed to a virtual halt this year but Moscow has been pounding Ukrainian cities and energy facilities, while Ukraine has stepped up attacks on oil refineries and other infrastructure deep inside Russia.A source in the Russian delegation said Russia believed the main thrust of the talks would be trying to hammer out the key elements of a new post-war security framework for Europe.On the eve of the negotiations, Zelenskiy said Ukraine's leverage in the talks was increasing as a result of its recent battlefield performance, which has included retaking some territory in Donetsk, a coal-mining area of the Donbas.Ukrainian forces are currently genuinely strengthening Ukraine's negotiating position, Zelenskiy said in his nightly video address on Monday. He said Russia was suffering ecord losses - an assertion disputed by Moscow - and urged Washington to convince the Kremlin to end the war.US negotiators believe that Zelenskiy and Putin may be willing to strike a compromise on the vital question of territory, each ceding a little, a US official told Reuters.Under the proposed deal, Ukraine would get an end to the war, security guarantees and a roadmap to accession to the EU.A senior Ukrainian official strongly denied that the government would consider any such concessions. The issue of territory could be discussed only at the leaders' level and only in the context of appropriate security guarantees for Ukraine, the official said.
Mjunction facilitates onion, sugar e-auction to control price rise
It has tied up with government agencies for digital e-auction of various commodities
Cognizant's New Claude AI Group
Cognizant has announced the formation of the 'Claude Frontier Capability Group', comprising over 25,000 professionals dedicated to implementing Anthropic's Claude AI for clients. This initiative, coupled with a new managed services model, aims to help enterprises integrate AI from pilot to production, addressing the challenge of delivering business value from frontier AI capabilities.
India may get a better trade deal: Samir Saran on renegotiating with the US
Following the US midterm elections, Samir Saran emphasized India's need to navigate trade negotiations with patience. He believes aggressive US tariff threats are often part of larger negotiations rather than immediate policy changes. Saran indicated that both domestic political shifts and bipartisan support in Congress ensure continuity of US trade goals. India can leverage its vast market to secure advantageous terms during negotiations.
India's Ministry of External Affairs has rejected a lawsuit against its officials filed by Sikh separatist Gurpatwant Singh Pannun. The US court allowed Pannun to pursue service of summons on Indian officials through local courts. Pannun's claims involve alleged assassination plots that remain unproven in civil proceedings. Indian officials firmly deny involvement in these allegations and emphasize legal document protocols.
Iran says two oil tankers on fire in Hormuz
Iran's Revolutionary Guards have reported that two oil tankers caught fire in the Strait of Hormuz. The vessels were allegedly traveling along unauthorized routes when the incidents occurred. This action follows significant restrictions imposed on maritime traffic in the region amid ongoing conflicts. Additionally, the US has implemented a naval blockade in response to these developments. Tensions remain high as these incidents threaten global oil transportation routes.
'Unfortunate': MEA breaks silence on videos by Chinese vloggers portraying Dhaka as Delhi
Deion Sanders' son Shilo faces $12M debt for life
NTPC submits two coal gasification project proposals under govt's Rs 37,500 crore scheme
NTPC Limited has submitted proposals to establish coal gasification projects for producing urea, methanol, and dimethyl ether. The Ministry of Coal announced that applications for the third round will open on November 10. January 11, 2027, is set as the deadline for these applications. The government's initiative aims to expand domestic production and support the broader use of indigenous resources.
PHDCCI seeks zero duty on LNG, naphtha, key feedstocks in Budget
Industry body seeks lower customs duties on petroleum coke used in aluminium production and continuation of the existing steel scrap duty framework beyond March 2028
One killed as violence flares in Bangladesh amid tensions over ex-PM Hasina's planned return
Violent incidents occurred across Bangladesh, resulting in one death and multiple vehicles set ablaze overnight. Police reported that activists of the banned Awami League and its affiliates initiated crude bomb explosions at various locations. Tensions have risen after news surfaced about Sheikh Hasina's possible return to Bangladesh next month from India. Hasina, living in exile since August 2024, faces serious legal charges upon her potential return.
Industry seeks LTCG, STT cuts in Budget 2027; MSME relief also on wish list
Several industry bodies have been meeting top officials of the Finance Ministry as part of the annual pre-Budget consultation process
Kuppam airport project may hit Tamil Nadus plans for greenfield airport at Hosur
The proposed airport could reshape regional aviation and cargo prospects, with implications for industrial units in Hosur and Krishnagiri districts
India doesnt have a savings problem. It has a savings incentive problem
Indian households are saving more than ever. The bigger question now is whether money kept accessible in a savings account can also earn meaningful value while it waits to be used.
When every bank has an app, what actually makes digital banking different?
With UPI resetting customer expectations, the real differentiator in digital banking is no longer having an app, but how seamlessly it brings payments, savings, investments and credit together in one place.
Indias unemployment rate falls to 5.1% in July-September quarter as rural joblessness declines
The latest Periodic Labour Force Survey also recorded higher employment participation, particularly in rural areas and among women during the quarter.
India's unemployment rate falls to 5.1% in July-September as rural joblessness declines
India's unemployment rate saw a decline to 5.1% from 5.4% in the prior quarter. The decrease in unemployment primarily occurred in rural areas, where it fell to 4.3%. The survey indicated that more individuals were either working or seeking jobs during this period. Women's employment participation also improved, rising to 34.7% from 33.2%. The overall employment figure reached approximately 57.9 crore individuals in India.
India's Unemployment Rate Falls To 5.1% In July-September As Rural Joblessness Declines: Govt Data
India's unemployment rate eased to 5.1% in July-September 2026, down from 5.4% in the previous quarter, as rural joblessness declined despite a marginal rise in urban unemployment.
Banks will be closed in Gangtok, Imphal, Kanpur, Kolkata, Lucknow and Shimla on Wednesday, November 11, for regional festivals. Details here.
EPFO's VISHWAS 2026 scheme allows eligible employers to settle pending PF damage disputes at reduced rates, starting at 0.25% per month. The one-time settlement window closes on 28 December 2026. Interest and PF contributions remain payable.
Delhi pollution data shows massive spikes, gaps
5 steps to update your EPF information online
Lori Huang's $9.1B foundation and charity work
Blackstone gives IIFL Finance a Rs 6,414 crore boost
The NC-JCM has proposed major changes for central government employees under the 8th Pay Commission, including higher minimum pay, 6% annual increments, increased pensions and allowances, and doubling leave encashment to 600 days.
Cochin Shipyard Q2 profit declines 50% to 53.8 cr
The company had posted a consolidated net profit of 107.52 crore in the second quarter of the preceding financial year
India's wheat plantings seen at record high but final output to depend on weather, FAO says
India is poised for record wheat planting this season, supported by government incentives and soil moisture. The final wheat output will depend significantly on weather patterns influenced by El Nino in April and May. El Nino typically brings above-average rainfall to key wheat-growing areas but may also increase flooding risks. Adequate snow cover from expected precipitation could benefit both overwintering crops and reservoir replenishment.
Organic waste can be converted into protein-rich fish feed: ICAR official
India generates an estimated 171,000 to 190,000 tonnes of municipal solid waste every day, of which biodegradable organic waste accounts for 5060%
Resolven mobilises USD 900 million financing this year
Resolven has successfully mobilised USD 900 million in financing from 15 diverse lenders this year. The funds consist of USD 700 million in debt financing and USD 200 million in non-fund lines. Earlier this year, the company became an independent renewable energy entity focusing on growth projects. It aims to expand renewable capacity significantly, targeting more than 1.5 GW annually by 2030.
