28 C 
The Centre raised dearness allowance and relief by 3 percentage points, from 60% to 63%, effective July 1, benefiting over 1 crore employees and pensioners. Several states also announced increases and arrears, with payment arrangements varying by state.
Did Ariana Grande just make her relationship with Ricky Alvarez official on the red carpet?
Ariana Grande and Ricky Alvarez have taken their romance from Instagram to the red carpet. The two, who dated from 2015 to 2016, triggered dating rumours in June 2026 after they were spotted together. Grande later shared a playful video with Alvarez, and they have now made their red carpet debut as a couple at the New York premiere of Focker-in-Law.
Bihar's first municipal bond, issued by Patna Municipal Corporation, is now listed on NSE and offers 9.20% annual interest, payable quarterly. Here's what investors should know about its returns, risks, maturity and how to buy these bonds.
RBI to ban private equity firms from controlling multiple non-bank lenders
Indian banks and non-bank lenders have seen a rush of foreign investor interest as demand for credit in the economy remains strong and loan delinquencies remain low
India offers an oasis in a turbulent global economy: Union Minister Piyush Goyal
Union Minister Piyush Goyal highlighted that India provides predictable policies, fair laws, and safe investments for global businesses navigating international conflicts and economic uncertainty. Speaking at the 31st CII Partnership Summit in Visakhapatnam, Goyal said,
Indias coal production likely to hit record 1,090 million tons in 2026: World Bank
World Bank October 2026 outlook: Chinas coal production may reach 1,350 mt in the current year
Use FTAs to build joint ventures, explore investment opportunities: CII President to industry
R Mukundan, the CII President, stressed the crucial role of Free Trade Agreements (FTAs) in fostering joint ventures and enhancing investment prospects. He noted India's resilient economic growth, even faced with global challenges like geopolitical tensions and elevated energy prices. The broadened scope of India's FTAs promises to enrich economic interactions and spur advancements in emerging technologies such as AI and biotechnology.
Renewables save India $100 billion in fuel imports
Looking to earn higher returns on fixed deposits? Small finance, private and public sector banks offer varying interest rates across tenures. Check the top five banks in each category offering the highest FD rates to regular depositors, with returns of up to 8.25% as of 11 November 2026.
Temasek to invest 2,5K cr in Godrej fin arm
India's Godrej Industries on Thursday said Temasek Holdings will invest 25 billion rupees ($266.98 million) through its affiliate, in Godrej Capital, valuing the financial services business at up to 280 billion rupees.The Singapore state-owned investment firm will retain about 80% ownership following the deal.
Usher and Chris Brown cancel more R&B Tour shows: Which concerts are still on and how to get refunds
The R&B Tour featuring Usher and Chris Brown has unfortunately led to the cancellation of several shows in November and December, attributed to health concerns. Fans whose shows were cancelled can expect automatic refunds processed within 14-21 days, depending on their bank. While some dates are affected, many performances in major cities will remain as planned.
My cook earns Rs 1L, planning Thai trip: Mumbai man
Zydus Lifesciences completes 50:50 JV transaction with Sunshine Healthcare Lanka
In a significant strategic move, Zydus Lifesciences Ltd has secured a 50 percent interest in Zydus Sunshine Lifesciences Pvt Ltd, forging a joint venture with Sunshine Healthcare Lanka Limited. This partnership was concluded on November 11, 2026, following a timeline extension that pushed the original closing date from June 26, 2026, to December 2026.
GreenLine deploys electric trucks for Kirloskar Ferrous logistics
The deployment targets inter-plant goods transportation, adding electric mobility to Kirloskar Ferrous supply chain as the industrial manufacturer looks to reduce emissions from its logistics operations
Bank earnings rise 20% in Q2 as lower provisions, healthy income growth support performance: Kotak
Indian banks are projected to benefit from a rising interest rate cycle and favorable loan mix in upcoming quarters. Earnings growth is anticipated to be supported by an increase in net interest income and lower provisions. Private banks are expected to lead in earnings increases compared to public sector banks, reflecting varied growth rates.
Toll plaza staff misbehaves, NHAI orders 15L fine
Humble bhujia becomes India's billion $ snack recipe
Indias FTAs to open access to $85 trillion of global economy: Piyush Goel
Union Minister for Commerce urges industry and startups to harness potential of nine agreements covering 38 countries at CII summit in Andhra Pradesh
NIA to probe online radicalisation of youths by Pakistan-based gangster
The National Investigation Agency is probing the online radicalisation of Indian youths linked to terrorist activities. This stems from a case registered by the Uttar Pradesh Anti-Terrorist Squad in April. Eight accused have been identified, including Shahzad Bhatti, who is associated with the ISI. The investigation revealed plans for major disruptive acts by Pakistani sleeper cells in India. Authorities aim to disrupt these operations to maintain internal peace and harmony.
Republican congressman Thomas Massie to force impeachment vote on Defence Secretary Pete Hegseth
India's Gulf oil imports surpass Russia for first time since Iran war
Crude shipments reaching India through the crucial West Asia chokepoint have climbed to 2.1 million barrels a day so far this month, surpassing Russian imports of 1.8 million barrels a day
Mahabharat actor Nitish Bharadwaj criticised Nitesh Tiwari's Ramayana: Part One, calling it a 'masala film' that misleads young audiences. He questioned its portrayal of Ravan, the authorship of the Ramayan and the Ashvamedh horse sequence. However, he praised Arun Govil's portrayal of King Dasharatha, calling it the film's 'small saving grace'.
Bank of Baroda raises FD interest rates to up to 6.85%
Akhilesh Yadavs Ayodhya visit on Dec 12 sparks row; seers oppose, Baba Ramdev backs his visit
Delhis Diwali pollution started before the fireworks
UK economy grows by 0.7% in third quarter despite high oil prices
You worthless man: Sara Netanyahu to Bennett
Kia puts $2 billion behind its India drive
Amrit Bharat gets its first AC version
Lupin partner Sandoz launches RanluspecTM across Europe for retinal disease treatment
Lupin Ltd has partnered with Sandoz to launch RanluspecTM, a biosimilar for Ranibizumab, across Europe. This launch will help to improve access to treatments for retinal and choroidal vascular diseases. The European Commission previously approved RanluspecTM in vial and syringe-filled presentations for medical use. The biosimilar targets conditions such as wet age-related macular degeneration and diabetic macular edema.
War gets under the skin of India Inc's margins
Wing Commander Namrita Chandi, who retired from the IAF in 2011 after being denied Permanent Commission, has won a 15-year legal battle. The AFT has ruled that she be treated as having completed 20 years of pensionable service, making her eligible for pension and other retirement benefits.
Tenants son sold owner's property; buyers reach HC
Chief Minister Yogi Adityanath advocated for CNH Industrial to manufacture bulldozers in Uttar Pradesh alongside tractors. He emphasised the positive transformation of the state since 2017 under the Modi-led government. Adityanath attributed improvements in law and order to a strong government policy against crime and criminals. The state has become a favorable destination for business investments, attracting foreign companies. He acknowledged local contributions to the region's development, especially in Jewar.
Yes, Dear actor Anthony Clark died at 62, prompting his former co-star Mike O'Malley to share an emotional tribute. A humorous 2012 tweet about being pressured to become a trucker also resurfaced. According to Celebrity Net Worth, Clark had an estimated net worth of $5 million and reportedly retired after Yes, Dear ended.
Gold, silver prices today, 12 November: Check retail price of 18K, 22K and 24K gold and 999 Fine silver in your cities Ahmedabad, Bengaluru, Chennai, Coimbatore, Delhi, Hyderabad, Kolkata, and Mumbai.
Equity MF Inflows Decline 14% in October
Net inflows into equity mutual fund (MF) schemes in India declined by 14 per cent month-on-month in October, reaching approximately 32,994 crore. This moderation was primarily driven by a cooling off in investments in smallcap and midcap funds, following a period of high growth, as investors engaged in profit booking.
RBI issues new domestic money transfer rules
Alice Huangs boast that brought Jensen Huang in
HFCL secures Rs 834 crore export orders, eyes AI data centre demand
Telecom gear maker HFCL has announced an export order worth approximately Rs 834.36 crore. This order is for supplying optical fibre cables to an unnamed international customer. The completion of the order is projected by June 2027, reaffirming client confidence in the company's capabilities. Additionally, HFCL's consolidated profit has dramatically increased, driven by demand from AI data centres.
Couples think beyond tax savings of joint assets
United Airlines moves to block AI agents from its platform over security concerns
United Airlines warned that AI assistants could expose sensitive information and lead to unintended purchases, account modifications or unauthorised use of frequent-flyer miles
Bengaluru's new coastal Vande Bharat route
2BHK for Rs 155: Man buys furnished flat online
Stock Markets on Nov 12: Sensex, Nifty Gain on FII Inflows
Indian benchmark equity indices, Sensex and Nifty, rallied in early trade, driven by sustained foreign fund inflows and a decline in crude oil prices. Foreign Institutional Investors (FIIs) have shown aggressive buying, investing a significant amount in Indian equities, while positive Q2 earnings and lower Brent crude prices are further supporting the market's upward trend. Track Sensex, Nifty on November 12, 2026.
Nvidia shares have come under pressure amid controversy surrounding CEO Jensen Huang. Several mutual funds hold the US chip giant's stock. Here's a look at which schemes are exposed and how the stock's decline could affect their portfolios.
50-crore bio-economy mission proposed for Kalyana Karnataka
The three-year initiative to focus on biotechnology, sustainable agriculture, and rural entrepreneurship across seven districts
Rupee falls 6 paise to 93.77 against US dollar during early trade
The rupee fell 6 paise to 93.77 against the US dollar in early trade on Thursday, weighed down by the strengthening of the American currency. Forex traders said the latest inflation and employment figures in the US have boosted Treasury yields and the greenback. However, falling crude oil prices, alongside strong domestic equity markets and foreign inflows, could help support the rupee. In the interbank foreign exchange market, the rupee opened at around 93.73, then touched 93.77, down 6 paise from its previous closing level. On Wednesday, the rupee gained 6 paise to close at 93.71 against the US dollar. The rupee's underlying momentum remains positive, backed by a steady return of foreign capital and softer crude prices. If these supportive factors continue, USD/INR could extend its decline towards 93.50, with 93.00 emerging as the next important level to watch. However, any further strengthening in the dollar index could put renewed pressure on the rupee, pushing USD/INR toward
For most households, clean air is now a planned expense. Experts advise buying air purifiers for the rooms size, skipping the premium for looks and long warranties, and setting aside a medical fund and separate health cover.
This co is paying employees to quit and start biz
J-K: Bullet-riddled bodies of 2 cops recovered
Bank holiday today: SBI, HDFC Bank, ICICI Bank, Canara Bank and Punjab National Bank branches will be closed on 16 days this month, including regional holidays and weekend offs, as per the RBI calendar.
Anthony Clark cause of death: What happened to the Yes, Dear star who died at 62?
Anthony Clark, a renowned comedian and best known for his role on Yes, Dear, has passed away. He died at the age of 62 due to complications from pneumonia, as confirmed by a publication. Mike O'Malley, Clark's co-star, shared memories of their friendship and Clark's unique humor. Anthony Clark began his career in stand-up comedy before transitioning to television and film roles.
Magnitude 4.9 quake strikes Nepal early morning
$2 bn inflow looms as MSCI adds, cuts Indian stocks
Focused funds are mandated to invest in a maximum of 30 stocks. However, some active equity mutual funds follow a similar concentrated approach without being classified as focused funds. Here are 10 such schemes, their stock holdings and what investors should know.
Taylor Swift and Travis Kelce celebrated their wedding on July 3, 2026, at the iconic Madison Square Garden. In a move that reflected their philanthropic spirit, they asked guests to make charitable donations instead of traditional gifts. One couple chose to contribute to an animal welfare organization in line with the couple's wedding wishes.
The RBI has consolidated domestic money transfer rules, retaining existing limits of 5,000 per transaction through BCs/ATMs and 10,000 for cash payouts. Here's how much you can send or receive, what KYC rules apply, and whether banks can charge you.
Oil below $92 amid hopes of peace talks
Oil prices edged lower by more than $1 on Thursday as investors increasingly hopes for peace talks to resolve the Middle East conflict as well as the much-longer lasting Russia-Ukraine war.Brent crude futures fell more than $1 to trade below $92 per barrel, while US West Texas Intermediate (WTI) crude futures also lost over $1 to trade below $86 per barrel on Thursday morning. This comes after Brent crude rose over 1% on Wednesday after hitting two-month lows in the previous day.Russian and Ukrainian negotiators have agreed to a major prisoner exchange during their peace talks held over two days in Abu Dhabi, although US mediators said differences remained on other major issues, including territory. Ukrainian President Volodymyr Zelenskyy said his country hoped to achieve concrete results on resolving the war this year.Also read | India's battered rupee finds an unlikely rescue party in cheaper oil and Wall Street's AI routBack in the Middle East, Iranian security chief Mohsen Rezaei said the government will not allow even a single particle of enriched nuclear material to leave Iran and there will be consequences if the US launches new strikes. The US meanwhile has said that nuclear issues must be part of any initial negotiations with Iran aimed at ending the eight-month-old war, while US officials downplayed the need for further military strikes.Meanwhile, OPEC+ crude oil production jumped in October, driven by a sharp increase in output from Saudi Arabia despite continued disruption to shipments through the Hormuz Strait. US crude stocks jumped by 9 million barrels in the latest week, Reuters quoted market sources as saying, citing data from the American Petroleum Institute.Where are oil prices heading for?While oil prices have dropped from their multi decade highs which they hit earlier this year, analysts remain cautious amid the seesaw political game in the Middle East. Goldman Sachs recently raised its oil price forecasts, citing increasing risks to global supplies. The investment bank warned that Brent crude could climb to $140 per barrel in 2027 if oil production across the Gulf region remains significantly below its 2025 average.Goldman Sachs recently raised its oil price forecasts, citing increasing risks to global supplies. The investment bank warned that Brent crude could climb to $140 per barrel in 2027 if oil production across the Gulf region remains significantly below its 2025 average.Also read | India in a 'sweet spot' amid oil volatility and currency dynamics: Kotak Neo's Anindya BanerjeeIn an upside scenario, Brent crude could reach $140 per barrel and average around $130 in 2027 if Gulf oil production remains 3.5 million barrels per day below its 2025 average, Reuters reported, citing Goldman Sachs' projections.Goldman Sachs expects oil markets to incorporate a higher geopolitical risk premium, given the possibility of disruptions to Middle Eastern supplies, the historical duration of major supply shocks and the challenges involved in securing a lasting diplomatic breakthrough.JPMorgan analysts also highlighted the uncertainty surrounding the conflict, saying it remained difficult to predict how the war would unfold. At the outset, the bank had expected the US administration to avoid crossing certain economic thresholds. However, seven months into the conflict, several of those thresholds have been breached, while a clear strategy to bring the war to an end has yet to emerge.Disclaimer: This article has been written by Debaroti Adhikary, who is not a SEBI-registered Research Analyst or an Investment Adviser. Debaroti Adhikary and his/her relative(s) (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclaimers here.
Billy Gray, renowned for his portrayal of Bud Anderson on 'Father Knows Best', was recently sighted in Los Angeles after a lengthy hiatus from acting spanning over four decades. Now 88, Gray has embraced motorcycle racing and entrepreneurship. His career faced setbacks following a marijuana arrest in 1962.
DA hike: Bihar govt increases DA, DR for employees and pensioners ahead of ChhathHere's all we know
The Bihar government increased DA and DR for employees and pensioners, effective 1 July 2026, and approved career progression for urban local body staff. Here's all we know about the state Cabinet decisions.
Who is Kimberly Powell? Nvidia VP in affair report
Adani Group, Codelco sign pact for copper exploration project
Codelco has signed an agreement with Adani Group's Kutch Copper Limited to develop the Kaburkaala copper exploration project in the country's northern Antofagasta region. Adani will finance the project, which could help secure long-term copper supplies for its Mundra smelting complex in Gujarat. The partnership comes as India looks to strengthen its overseas copper sourcing amid rising domestic demand and dependence on imports.
What we know about General Hospital actor Randall England's cause of death
Randall England, a cherished actor known for his impactful role as Jack Slater in General Hospital, passed away on September 25 at the age of 75. His family confirmed he died peacefully surrounded by loved ones after a brave fight against esophageal cancer. England's illustrious career included notable appearances in Dallas, Ruby and Oswald, along with a variety of theater roles.
US Special Envoy Jared Kushner and Steve Witkoff are set to meet Russian President Vladimir Putin in Moscow on Thursday as Washington seeks to negotiate an agreement to end the Russia-Ukraine war alongside a broader security arrangement between Russia and Europe, Axios reported, citing people familiar with the discussions.
Strait of Hormuz will ever return to pre-war status: Ghalibaf says all in US court on peace talks
Iran's Parliament Speaker Mohammad Bagher Ghalibaf discussed the future management of the Strait of Hormuz with Oman. He emphasized that the waterway's regulations would change following the US-Israel war on Iran. Negotiations with the United States are contingent upon adhering to Iran's seven conditions.
From blockbuster Jailer 2 to gripping Student of the Year: After Dark, here's a list of the top 10 movies and shows to watch on OTT over this weekend.
Hindalco's value-add focus to drive growth and a stock re-rating
ET Intelligence Group: Hindalco delivered record quarterly revenue and net profit for the September quarter amid higher metal prices and improving Novelis performance. However, the growth trajectory is expected to be muted in the second half of the current fiscal year owing to softer aluminium prices and higher input costs. The company has stepped up investments in capacity expansion and value-added products.It has around 50,000 crore worth of expansion projects under execution in India and another 50,000 crore of investment opportunities under evaluation over the next five years. These investments are aimed at expanding aluminium, alumina and copper capacities, strengthening downstream operations and expanding captive mining operations.135751790The stock trades at a price-earnings (P/E) multiple of 11.2 compared with the three and five-year averages of 12.7 and 12.1 respectively. A discount to the historical valuations leaves room for a re-rating if earnings growth sustains.India's aluminium demand is expected to grow at around 7% annually over the next five years, according to the management. While the electrical sector has traditionally been the key demand driver, automobiles, packaging, consumer electronics, home appliances and data centres are emerging as important growth segments. This has prompted Hindalco to expand capacity.Read more: Smallcap mutual fund inflows drop 29% MoM to Rs 6,407 crore in October. Should investors be cautious or continue investing?The company is seeking to increase the share of higher-margin value-added products and reduce dependence on London Metal Exchange (LME)-linked earnings. Value-added aluminium products include flat-rolled products, foils and extrusions supplied to companies in the automobile, packaging and consumer goods sectors.Novelis is moving from a phase of operational disruption and heavy capital expenditure to one focused on earnings growth and deleveraging. The company expects commercial shipments from its Bay Minette facility to begin in the June quarter of FY28.Read more: Debt mutual funds see sharp recovery in October as quarter-end outflows reverseIt expects annualised cost savings of $300 million by the end of FY27 and $350-400 million by the end of FY28, according to Motilal Oswal Financial Services. The brokerage, which has a target price of 1,180 on Hindalco Industries, has increased its FY27 revenue, Ebitda and profit estimates by 5%. The stock ended Wednesday's session 1% higher at 960 on the BSE. The company is likely to face input cost pressures due to elevated coal prices in the December quarter, which could weigh on margins. However, the commissioning of captive coal mines and backward integration is expected to improve Hindalco's cost competitiveness over the medium term.
Mutual fund SIP returns disappointing? Should you stop, continue or switch funds
According to the AMFI, the SIP stoppage ratio climbed to 116% in October, as 5.9 million SIPs were either discontinued or completed their tenure, and net inflows into equity schemes dropped 14% month-on-month to 32,924 crore.
EV makers turn to family scooters to drive adoption
Festive online sales up 17%, but miss forecasts
Debt Funds: How they work and what investors should know
Debt mutual funds saw a net outflow of Rs 1.8 lakh crore in September, the highest monthly withdrawal in the first half of FY27. Despite this, they remain an important investment avenue for investors looking to park surplus money, manage short-term goals and diversify their portfolios. A look at how debt funds work and what investors should know before investing.WHAT ARE DEBT MUTUAL FUNDS?Debt mutual funds invest in fixed-income instruments such as government securities, treasury bills, corporate bonds, commercial paper and certificates of deposit. They aim to provide relatively stable returns while taking lower risk than equity funds. Debt funds generate returns in two ways. The first is through the interest earned on the bonds and other securities held in the portfolio. The second comes from changes in bond prices. When bond prices rise, fund managers can book gains by selling these securities.HOW SHOULD INVESTORS CHOOSE A DEBT FUND? The choice depends on the investment horizon, liquidity needs and ability to tolerate fluctuations in returns. Investors looking to park money for a few days or months may consider overnight or liquid funds. Those with a horizon of six months to two years may look at ultra-short duration, low duration or money-market funds. For investment horizons of three years or more, categories such as short-duration funds, corporate bond funds and banking & PSU debt funds may be suitable. Gilt funds and long-duration funds are generally more appropriate for investors who understand interest-rate cycles.Read more: Smallcap mutual fund inflows drop 29% MoM to Rs 6,407 crore in October. Should investors be cautious or continue investing?WHY DID DEBT FUNDS WITNESS LARGE OUTFLOWS IN SEPTEMBER? The large outflows were largely driven by liquidity requirements rather than a change in investor appetite for debt funds. These schemes are widely used by companies and institutional investors to park surplus cash for short periods. September is also a quarter-end month when companies usually withdraw money to meet working capital requirements, advance tax payments and other financial obligations.Read more: Debt mutual funds see sharp recovery in October as quarter-end outflows reverseARE DEBT FUNDS RISK-FREE? While debt funds are generally less volatile than equity funds, they are not risk-free. One key risk is interest-rate risk. When interest rates rise, bond prices fall, which can affect the value of a funds portfolio. The second is credit risk, which arises when a company or other issuer fails to repay its debt or interest on time. Funds investing in lower-rated corporate bonds generally carry higher credit risk.HOW DO INTEREST RATES AFFECT DEBT FUND RETURNS? Interest rates and bond prices move in opposite directions. When interest rates fall, existing bonds offering higher interest become more attractive to investors. As demand for these bonds rises, their prices generally move up. This, in turn, tends to benefit debt funds. When interest rates rise, bond prices usually decline, which can weigh on returns. Long-duration funds are usually more affected by interest-rate changes, while liquid and overnight funds tend to see smaller fluctuations.
Equity MF inflows slide 14%; large & midcaps gain traction
Mumbai: Inflows into equity mutual fund schemes declined 14% in October, as stocks remained subdued through the first three weeks, with investors trimming allocations to smallcaps and several other categories. Large and midcap funds, however, witnessed a sharp increase in investments,Net inflows into equity-oriented mutual fund schemes stood at 32,993 crore in October, compared with 38,306 crore in September, according to data released by the Association of Mutual Funds in India (AMFI). Smallcap funds, which were the second-largest recipients of equity investments in September, saw inflows decline 29% to 6,407 crore in October from 9,038 crore in the previous month.135751312Large and midcap funds emerged as the biggest beneficiaries, recording inflows worth 8,484 crore last month, nearly double the 4,271 crore received in September.Large cap funds also recorded a 20% increase in monthly inflows, while most other equity categories witnessed a decline. Mid-cap fund inflows fell to 4,892.62 crore from 7,834.84 crore recorded a month ago. The moderation in equity investments came amid market volatility, even as the Sensex and Nifty gained 2.7% and 1.9%, respectively during October. The moderation could be attributed to some cooling in investor appetite for relatively riskier market segments, alongside a cautious approach amid market volatility, valuation concerns and global uncertainties, said Himanshu Srivastava, principal, Manager Research, Morningstar Investment Research India.Read more: Debt mutual funds see sharp recovery in October as quarter-end outflows reverseIndian investors have matured over the years and increasingly treat volatility as part of the investment journey. The recent rally has shown once again that time in the market matters far more than timing the market, said Navneet Munot, MD & CEO, HDFC AMC.Systematic investment plan (SIP) contributions also fell nearly 1% during the month, alongside a reduction in contributing accounts. Total inflows through SIPs fell to 32,160 crore in October, compared with 32,490 crore in September and 32,297 crore in August, according to the AMFI data.Read more: Smallcap mutual fund inflows drop 29% MoM to Rs 6,407 crore in October. Should investors be cautious or continue investing?The slowdown in SIP contributions was accompanied by a rise in the stoppage ratio, which climbed to around 116% in October from 78.5% in September. Nearly 59 lakh SIP accounts either matured or were discontinued during the month, up from 49.68 lakh in September. Fresh registrations, meanwhile, dropped to about 51 lakh from 63.26 lakh in the previous month.On the debt front, schemes witnessed a strong reversal in flows, attracting 1.13 lakh crore in October after recording net outflows for two consecutive months. Debt funds had seen withdrawals of 1.83 lakh crore in September and 8,127 crore in August. Liquid funds attracted the highest investments at 70,533 crore, reversing an outflow of 95,743 crore in September. Overnight funds received 54,893 crore, against an outflow in the previous month.According to fund managers, the rebound was driven by liquidity-oriented categories, suggesting a reversal of quarter-end treasury adjustments and a redeployment of surplus corporate and institutional cash into short-term debt instruments. Ultra-short to short-duration funds recorded the highest outflows at 3,581 crore.
Tata Sons gets a succession surprise from Noels camp
South Carolina latest: The towel probably created an air pocket that allowed the boy to breathe in the crate, the sheriff said. Cool temperatures also may have helped.
A 5,000 cr Coimbatore co sees Warburg lead race
Haldiram's IPO recipe cooking a billion-dollar bite
Tata Electronics in talks to raise $2 bn
Mumbai: Tata Group's semiconductor business is in initial discussions with domestic and international banks to raise up to $2 billion through multiple loan tranches to fund its expansion plans, according to people familiar with the discussions.The first tranche is likely to be up to $800 million, with initial pricing discussions around SOFR plus 180 basis points. The talks are at an early stage, with the final size, pricing and lender participation yet to be firmed up. The loan could be priced at around 6%, assuming SOFR remains at around 3.9%.Also Read: Life insurers post 26 pc growth in new business premiums to Rs 42,914 crore in OctoberA Tata spokesperson did not immediately respond to a request for comment.135747359Tata Electronics, a wholly owned subsidiary of Tata Sons, has signed a definitive agreement with Taiwan-based Powerchip Semiconductor Manufacturing Corporation (PSMC) for its proposed semiconductor fabrication plant in Dholera, Gujarat. The agreement will enable Tata Electronics to bring semiconductor manufacturing technology and expertise to India and cater to global customers, the company said.Also Read: When every bank has an app, what actually makes digital banking different?The plant is being developed with a planned capacity of 50,000 wafer starts per month, with PSMC serving as its technology partner, India Ratings said in a report.The project, estimated to cost 91,000 crore, will manufacture 12-inch wafers using technology nodes ranging from 28 nm to 110 nm for applications such as power management chips and microcontrollers. It will be funded through equity, long-term debt and capital subsidies from the central and Gujarat governments under their respective semiconductor incentive schemes, the rating agency said.Tata Electronics' liquidity is supported by unencumbered cash balances of 2,845 crore at the end of FY25, up from 1,485 crore a year earlier, timely equity infusions and its ability to raise working capital limits and long-term debt. The company had debt repayment obligations of 1,297 crore in FY27 towards term loans and external commercial borrowings as of September 30, 2025, the rating agency said.
The Post office time deposit offers assured returns, with different interest rates across tenures. Check how much you can earn on a one-time investment of 1 lakh.
Tanishaa Mukerjis Mumbai residence beautifully blends aesthetic appeal with understated sophistication. The actress, who is Bollywood star Kajols sister, recently offered a glimpse into her sprawling home, welcoming filmmaker Farah Khan, along with her assistant and cook, Dilip, for a house tour earlier this year.
Fraud through calls, messages a global threat: MoS Telecom
Minister of State for Telecom Chandra Sekhar Pemmasani highlighted the threat of fraudulent activities at the ITU Plenipotentiary Conference. He emphasized the importance of trust in technology alongside expanding telecom network coverage. India's fraud alert system has successfully prevented significant monetary losses in recent years. The digital infrastructure in India has seen massive growth, with internet subscriptions reaching over 1.1 billion.
CoreWeave shares surge over 26%, spark rally in battered AI cloud stocks
CoreWeave shares surged more than 26% on Wednesday, fuelling a rally in battered AI cloud stocks after heavy infrastructure spending delivered strong revenue growth and the company signalled a retreat from the borrowing spree that had raised fears of an artificial intelligence bubble, Reuters reported.CoreWeave shares were trading at $61.61, up $12.88 or 26.43% over the previous close.The results also helped lift Nvidia, a major CoreWeave backer, by 2%. Nvidia had fallen sharply over the previous two sessions amid uncertainty surrounding CEO Jensen Huang following reports about his relationship with a Chinese businesswoman alleged to have ties to Beijings intelligence apparatus.Shares of other so-called neocloud companies, including Nebius and Iren, also rallied after weeks of pressure. Investors have worried that their debt-funded data-centre expansion could backfire if demand for AI computing weakens.For live updates on US Markets, click hereCoreWeaves earnings directly addressed the fear thats driven this whole selloff, said Dan Sheehan, director of portfolio management at Telos Wealth Advisors, according to Reuters. The neocloud that became the poster child for AI financing worries took real weight off the fear that had been the heart of the selloff.Democrats sweep of last weeks US midterm elections had further unsettled the industry. Several victorious candidates campaigned for stricter regulation and moratoriums on new data-centre construction, including in Texas, a key market for the sector.CoreWeave CEO Michael Intrator told Reuters on Tuesday that increased regulatory scrutiny could slow data-centre development across the industry. However, he did not expect it to significantly affect the companys expansion plans or raise costs.Intrator said CoreWeaves planned capacity additions over the next year would remain unaffected.Also Read: Is AI wheel broken? Julius Baer flags 3 variables shaping AI investments ahead of Anthropic IPOThe company also said it would avoid unsecured debt markets following a recent surge in borrowing costs. Cash flow from existing contracts would cover repayments on both current and future debt, it addeda financing plan analysts described as credible.CoreWeave delivered about the best quarter we could have asked for. Stats were good-to-great, funding concerns were addressed and the strategic moves make sense, Bernstein analysts led by Madison Rezaei said in a client note.However, they warned that CoreWeave will be among the first and hardest hit once the shortage of AI computing capacity eases.The risks of mistiming AI investments were evident on Tuesday when SoftBank recorded a $3.7 billion write-down on non-refundable payments for equipment intended to power its US data centres. The charge contributed to a second-quarter net loss of $7 billion, the companys first in nearly two years.Uncertainty surrounding Huang has also weighed on the AI sector. The controversy intensified on Tuesday after reports alleged that his relationship helped facilitate billions of dollars in Nvidia chip shipments to China.Republican US Senator Kevin Cramer, a member of the Senate Banking Committee, called on Huang to step down as Nvidia CEO.For now, CoreWeaves results have given AI infrastructure investors some relief. Nebius, Iren, Oracle and Applied Digital climbed between 6% and 14%.With the exception of Nebius, the stocks had fallen between 32% and 48% this year through Tuesday. Nebius, by contrast, had gained 60%.Together, the companiesincluding CoreWeavewere on track to add about $36 billion in market value if the gains held. Nvidia alone was positioned to gain nearly $100 billion.Nebius is scheduled to report its results before Thursdays opening bell.(Disclaimer: This article is based on inputs from agencies. These do not represent the views of The Economic Times)
Two automotive manufacturers have committed to invest a total of Rs 1,370 crore in Tamil Nadu. Hwashin Automotive India will invest approximately Rs 850 crore over the next five years for various advancements. Seoyon E-Hwa Summit plans to invest around Rs 520 crore in technology upgrades and new business developments. The investments reflect the state's ongoing appeal to automotive investors.
When a fixed deposit matures, the bank repays or renews it according to the depositors instructions. Here's whether you can reverse the auto-renewal after it happens.
USFDA classifies Aurobindo Pharma's US facility as 'official action indicated'
The facility belongs to Lannett Company LLC, a wholly owned step-down subsidiary of Aurobindo Pharma. The US Food and Drug Administration (USFDA) conducted the inspection at the Seymour facility from August 17-21, 2026, Aurobindo Pharma said in a regulatory filing.
Rupee hits 93.69, seven-month high on FPI inflows, lower oil prices
Foreign institutional investors have poured nearly $6 billion into Indian equities in November, their biggest monthly investment since September 2024. Despite the recent gains, the rupee remains down around 4% year-to-date, while analysts warn it could weaken to 100 against the dollar by June 2027.
Before Jensen's Alice, there was China's other spy
CII underlines role of airports for Tamil Nadu to achieve $1.5 trillion economy goal
CII moots expansion project at Chennai International Airport, entailing construction of Terminal 5 and an underground metro line linking the new terminal with existing airport facilities and the metro rail network, akin to the models at Stockholm Arlanda Airport in Sweden and OHare Airport in the U.S.
5 Photos From Anirudh Ravichander-Kavya Maran's Wedding That Look Straight Out Of A Fairytale
5 Photos From Anirudh Ravichander-Kavya Maran's Wedding That Look Straight Out Of A Fairytale
