Global Business News
SC to review earlier verdict on ISKCON Bangalore temple ownership
The Supreme Court will re-examine its May 2025 ruling on the Bengaluru ISKCON temple ownership. A review petition filed by ISKCON India has been accepted. The court will reconsider its earlier decision which declared the ISKCON Karnataka Society as the owner. ISKCON India maintains that only the 1971 Mumbai registration is the official ISKCON society in India.
Giving SC benefits to converts to Christianity is a fraud on the Constitution: Allahabad High Court
The Allahabad High Court has ordered the Uttar Pradesh government to cease Scheduled Caste benefits for individuals converting to Christianity. The court stated that continuing these benefits would be a fraud on the Constitution. It emphasized that only Hindus, Sikhs, and Buddhists are recognized as Scheduled Castes.
Mortgage rates are holding steady as December opens. Zillow shows the 30-year fixed at 6.11% and the 15-year at 5.52%. Realtor.com now projects the 2026 average near 6.3%, slightly below 2025s 6.6%. Markets are watching the Fed, with a December rate cut still uncertain. Any move may keep mortgage costs in a tight, modestly lower range.
Turkey discusses Black Sea safety with NATO after attacks on Russian ships
Ankara, a NATO member that has kept warm relations with both sides in the Russian war in Ukraine, has condemned attacks on vessels with links to Moscow that took place inside Turkey's exclusive economic zone off its coast in the Black Sea.
Major news unfolds on December 4, 2025. Calcutta High Court upholds primary teacher jobs. Jasir Wani's NIA custody extended. Sabarimala gold loss case sees bail plea rejected. India's CAD widens due to gold imports. US H-1B visa oversight intensifies. HSBC appoints a new chairman. US-Russia talks on Ukraine are constructive. Virat Kohli scores back-to-back centuries. China's services growth slows.
Bihar govt tables Rs 97,717-crore second supplementary budget
A sum of Rs 51,253 crore has been earmarked for the annual expenditure on schemes, while Rs 40,462 crore is meant for establishment and committed expenditures.
Virat Kohli is in exceptional form in the ODI series against South Africa. His two centuries have thrilled fans, who are crediting coach Gautam Gambhir for his resurgence. Kohli has also climbed to number four in the ICC ODI rankings. He will now play in the Vijay Hazare Trophy, boosting Delhi's chances.
Union Budget 2026: What revenue, fiscal and primary deficits mean for the Indian economy
As the Union Budget 2026 approaches, the revenue, fiscal, and primary deficits are under scrutiny. These indicators reveal the government's financial health, influencing growth and inflation expectations. Policymakers are balancing growth priorities with fiscal consolidation by closely monitoring these key metrics.
Full remark: Pam Bondi promises Trump - 'we will punish the monster' in emotional Cabinet Speech
Quote of the day by Barack Obama
Calcutta HC upholds category status for reserved candidates clearing general cut-off
A ruling from the Calcutta High Court states that reserved-category candidates who achieve general merit will keep their original category benefits. This decision came during a hearing concerning an SSC candidate. The court emphasized that a candidate's declared category remains unchanged even if they qualify under the general quota.
Republican congressional candidate Valentina Gomez released a video vowing to make Texas free of pedophiles and illegals. She also promised to make Texas he worst place for 'groomers,' 'pedophiles,' and illegals to live in, citing perceived threats to the state and nation. In the video clip, which she posted on her X, she also mentioned New York, where Zohran Mamdani won the race for mayor.
An 18-year-old rider, Prince Patel, died in a high-speed accident near Breadliner Circle in Surat after losing control of his KTM sports bike and hitting a road divider. In a separate incident in Ahmedabad, a speeding motorcyclist in his 20s died after crashing into a BRTS track grill, with police suspecting an illegal race.
No Delhi trip without invitation, says CM Siddaramaiah as Shivakumar flies to capital
Karnataka Chief Minister Siddaramaiah stated he will only travel to New Delhi if formally invited, following Deputy CM D.K. Shivakumar's visit for a wedding and party event. The two leaders recently displayed unity, but Siddaramaiah's stance highlights potential underlying political dynamics. Shivakumar also mentioned plans for a 'Vote Chori' campaign event in Delhi.
By drivers, for drivers: Bharat Taxi begins trials in Delhi and Gujarat
Bharat Taxi, India's new cooperative ride-hailing platform, is launching with a zero-commission model. Drivers will own the fleet and keep 100% of their earnings. Pilot runs are underway in Delhi and Gujarat. This initiative aims to provide drivers with greater dignity and financial stability. Passengers can expect transparent, no-surge pricing. Bharat Taxi is set to reshape India's ride-hailing sector.
Sanchar Saathi app row: Congress slams govt for 'brazenly snooping' on citizens
Amid privacy concerns over the Sanchar Saathi app, Communications Minister Jyotiraditya Scindia asserted that snooping is neither possible nor will it happen with the app.
Pakistan's population crisis deepens as experts warn of national collapse
Pakistan is on the brink of a demographic disaster, experts cautioned at the conclusion of the Pakistan Population Summit on Tuesday, warning that the country's unchecked population growth is rapidly outpacing its available resources. The two-day event featured government officials, scholars, and civil society leaders who described the issue as an existential crisis demanding urgent national attention and coordinated reform, as reported by The Express Tribune.
Enjoy chai in winter? Top doctor explains how it may be weakening your bones and joints, sip by sip
Health experts warn that excessive winter consumption of tea and coffee can worsen joint stiffness, particularly in weight-bearing joints. This is due to dehydration, as hot beverages replace adequate water intake, thickening synovial fluid. Maintaining hydration balance and regular movement are key to enjoying these drinks without compromising joint health.
US stock futures today: Dow, S&P 500, Nasdaq on the move as crypto-linked stocks signal a recovery
US stock futures rebound today as Dow rises 80 points to 47,624, S&P 500 adds 9.25 to 6,849.50, and Nasdaq gains 25.50 to 25,631.50 in early trade. Crypto-linked stocks lead momentum with PMAX up 67%, CMCT up 30%, and ABTC up 12%. Nvidia and Marvell also edge higher, signaling steady recovery across tech and digital-asset names.
Chennai school holiday December 4 update: Schools in Chennai, Tiruvallur, Kanchipuram, Cuddalore, Kallakurichi and Villupuram districts in Tamil Nadu were shut on Wednesday, December 3 due to the incessant rainfall in the state. There is no official confirmation on the update of closure of schools in Chennai for December 4.
Indias family offices shift from passive investors to private-equity-style operators
Indian family offices are rapidly expanding, venturing into non-core businesses and adopting private equity strategies. With a 30% annual growth rate, they now rank third globally in venture capital deal volume. This evolution signifies a shift towards comprehensive family capital management, focusing on sustainability and legacy.
Delhi court extends NIA custody of blast accused Jasir Wani by 7 days
A Delhi court has extended the National Investigation Agency custody of Jasir Bilal Wani by seven days. Wani is a key accused in the Red Fort blast case. He was arrested for allegedly providing technical support for attacks. This included modifying drones and attempting to make rockets. The NIA has arrested seven people so far in the case.
Oncologist reveals 4 cancer symptoms most people overlook
While common cancer symptoms are widely known, four rare warning signs can go unnoticed. Persistent chest or abdominal pain after alcohol, broken bones from minimal trauma, extremely high calcium levels, and painful, swollen breasts or nipple discharge can indicate cancer. Early recognition of these unusual symptoms is crucial for improved treatment outcomes.
Uday Kotak urges Indian firms to step up as rupee crosses 90 and foreign investors dominate markets
The Indian Rupee is nearing 90 against the US Dollar. Foreign investors are selling Indian stocks, impacting market performance. Domestic investors are buying, but foreign selling is currently dominant. This situation calls for Indian businesses to adapt. Export-oriented sectors may benefit from the weaker Rupee, while import-dependent sectors face increased costs.
Luana Lopes Lara, 29, is now the world's youngest self-made woman billionaire. Her prediction market platform, Kalshi, achieved a $11 billion valuation after raising $1 billion. This success follows a journey from professional ballet to computer science. Kalshi navigated legal challenges to become a regulated marketplace. The platform now sees significant trading volumes, particularly in sports contracts.
A University of Delaware student, Luqmaan Khan, faces serious charges after allegedly planning an attack on campus police. Authorities discovered weapons, tactical gear, and a notebook detailing assault plans during a traffic stop. Khan was arrested and banned from all university campuses. The FBI is now involved in the ongoing investigation into the incident.
Sabarimala gold loss: Kerala court rejects bail plea of Ex-TDB president
A vigilance court in Kerala has rejected the bail plea of former Travancore Devaswom Board president N Vasu. Vasu is accused in the case concerning the disappearance of gold from the Sreekovil door frames of the Lord Ayyappa shrine. He was arrested in November. This is the first high-profile arrest in the ongoing investigation by a Special Investigation Team.
Trump very seriously considering Australian-style retirement model; says 'it's unique'
LIVE: NATO Foreign Ministers gather at Brussels HQ for high-stakes meeting on RussiaUkraine war
'Bomb' email sparks search at Pune school; premises vacated
Pune police are investigating a bomb threat at a private international school in Hinjewadi. The school received an email claiming a bomb was planted. Authorities immediately evacuated the premises and launched a thorough search. The Bomb Detection and Disposal Squad is involved. So far, no suspicious items have been discovered. An investigation into the origin of the email is underway.
Red Bull 2026 Lineup: 18-year old Arvid Lindblad, a British-Swedish driver with Indian heritage, is set to debut in Formula 1 in 2026, joining Red Bull's Racing Bulls alongside Liam Lawson. Lindblad's promotion from the Red Bull Junior Team highlights his impressive junior career while his Indian roots add a unique multicultural dimension, with the 2026 F1 grid now fully confirmed.
Doctors in Delhi-NCR are alarmed by the severe impact of air pollution on children, leading to chronic respiratory ailments like bronchitis and airway inflammation. Youngsters are experiencing exacerbated conditions and new health issues, with experts warning of the toxic air's heavy toll on developing lungs.
When global AI rush reaches a small Andhra Pradesh village
Google is building a massive AI hub and data center in Tarluwada, Andhra Pradesh. This $15 billion investment is Google's largest in India. The project will bring jobs and infrastructure upgrades to the region. Visakhapatnam is set to become a major AI and connectivity hub.
EAM Jaishankar warns the dark side of mobility, citing migration, trafficking and terror
India's top artists register record sales in 2025: Hurun
The Hurun India Art List 2025 reports record art sales of 310 crore for Indias top artists, a modest 3% rise from last year, with 78% of listed artists seeing higher cumulative sales. Sales volumes also grew sharply, with 995 lots soldup 26% year-on-year. Anish Kapoor reclaimed the top spot despite lower turnover, while Krishen Khanna and Sakti Burman saw major surges, joining him in the top three.
How did Op Sindoor impact Pakistans economy and ports? Navy Chief Tripathi reveals
'No snooping possible': Scindia defends mandatory Sanchar Saathi rollout
The ministrys order dated November 28 mandates that all mobile phone manufacturers preload the app on new handsets and push it to existing devices via software updates within 90 days.
The ASX 200 closed higher on Wednesday, December 3, 2025, gaining 15.50 points, with Boss Energy Ltd and Bellevue Gold Limited leading the top performers. This follows a mixed start to December, with the index experiencing a downturn on Monday before recovering on Tuesday. Major ASX indices also saw modest gains throughout the day.
Time to use 'Brahmastra' against Mamkootathil: Congress leader K Muraleedharan
Congress leader K Muraleedharan has declared that the party is gearing up to take rigorous steps against suspended MLA Rahul Mamkootathil following fresh allegations of sexual assault from a different complainant. The KPCC chief is expected to respond with urgency and decisiveness. Mamkootathil finds himself at a crossroads, needing to consider his potential resignation.
A Delhi boy transformed a roadside stone into a polished, functional clock, selling it for 5,000. After refining the design based on feedback, his innovative creation, costing only 460 to make, garnered nationwide attention for its blend of creativity and entrepreneurial spirit.
Anupam Kher at 70: Redefining age with strength, discipline, and grit
Anupam Kher walks into the gym with the calm confidence of a man who has beaten time. He exercises like someone who is 70 and rewriting the rules for getting older. His discipline sets the tone: no fanfare, no excuses, and he gives it his all in every rep.
England faces a monumental challenge at the Gabba, needing a rare victory against Australia to keep their Ashes hopes alive. Following a crushing defeat in Perth, the visitors confront a formidable Australian side with a strong day-night record. Injuries and historical struggles at Brisbane add to England's uphill battle as they aim to avoid a 2-0 deficit in five-match series.
A political storm erupted in Parliament over a stray puppy. Congress MP Renuka Chowdhury responded to questions about a privilege motion by imitating a dog's bark. She argued Parliament should focus on serious issues like pollution and suicides. Rahul Gandhi also commented on the controversy. The rescued puppy has become the centre of an unusual parliamentary debate.
Graduated at 12, Quantum Physics PhD at 15, this Little Einstein wants to create super humans next
15-year old Laurent Simons, became one of the youngest PhD holders ever when he earned a doctorate in quantum physics from the University of Antwerp recently. Simons previously gained attention for completing an undergraduate degree within 18 months. He now plans to pursue a second doctorate in medical science focusing on artificial intelligence.
Australia has brought in a law to ban social media for children under 16 starting December 10, 2025. This landmark law aims to safeguard young minds from online dangers. A recent survey reveals significant exposure to harmful content, cyberbullying, and online harassment among Australian youth. The government believes this measure is crucial for their mental health and safety.
Australia has delayed announcing their playing XI for the Gabba Test starting Thursday in Brisbane, sparking speculation about Pat Cummins' potential early return from injury. Stand-in skipper Steve Smith confirmed Cummins is bowling well in training, while Josh Inglis is the frontrunner to replace the injured Usman Khawaja in the middle order.
Upcoming Modi meeting to address trade expansion, including higher Indian imports: Putin
The Supreme Court has permitted a pregnant woman and her eight-year-old child to enter India on humanitarian grounds after their deportation to Bangladesh. The West Bengal government will provide care and medical assistance, while the Centre agreed to their entry under surveillance. The court will eventually facilitate their return to Delhi.
Hardik Pandyas Fitness Routine That Built His Power Game
Once a promising 90s Bollywood star, Chandrachur Singh is now embroiled in a land dispute over his ancestral haveli in Aligarh, alleging family members are attempting illegal possession. Singh, who previously shared screen space with Shah Rukh Khan and Aishwarya Rai, recently visited the District Magistrate's office seeking intervention.
Sanchar Saathi app row: Congress seeks discussion in Parliament flagging privacy risk
India's opposition party, Congress, has raised serious privacy concerns over the government's directive to preload the 'Sanchar Saathi' app on all new smartphones. They are demanding an official explanation regarding the legal authority and potential surveillance risks of a non-removable government application. The telecom ministry defends the move as a cybersecurity measure, though the smartphone industry remains divided on compliance.
A 19-year-old Vedic scholar, Vedamurti Devavrat Mahesh Rekhe, has achieved a rare feat. He completed the Dandakrama Parayanam, a demanding Vedic chanting. This accomplishment, last seen nearly 200 years ago, involved reciting 2,000 mantras continuously for 50 days. Prime Minister Narendra Modi lauded the scholar for his mastery and dedication to Indian culture.
From Tripti to Sara, celebrities with most aesthetic picture
Some Bollywood celebrities turn every trip into a postcard. Their travel photos blend natural light, minimal edits, and authentic moments that feel soothing and dreamy. These stars dont just explore, they elevate every location with cinematic composition and natural elegance.
'Honor of America's 250th anniversary': Dell pledges $6B for childrens Trump Accounts
IBM CEO Arvind Krishna reveals key reason behind tech industry layoffs and it's not what you think
IBM CEO Arvind Krishna believes that the massive layoffs that have rattled the tech industry is not due to the AI, adding that it is due to overhiring during the pandemic period. Arvind Krishna said he believes AI will lead to increased productivity and overall hiring growth especially among young college students.
Google has launched the Android 16 QPR2 update for Pixel models. The Android 16 QPR2 update brings new customization options, notification features, lock screen widgets, and many other stunning features for the users. From custom shaped icons to expanded dark them, Pixel users can enjoy such features with Android 16 QPR2 update.
Saudi non-oil business activity expands in November but new orders slow, PMI shows
Saudi Arabias non-oil private sector grew at its fastest pace in 10 months in November, driven by strong domestic demand and hiring, despite a slowdown in new order growth. The Riyad Bank Purchasing Managers' Index fell slightly to 58.5 but remained well above 50, indicating robust expansion.
HSBC appoints Brendan Nelson as new chairman to replace Mark Tucker
HSBC Holdings has appointed Brendan Nelson as its new chairman. Nelson takes over from Mark Tucker, who has returned to AIA Group. Nelson previously served as interim chair and brings extensive financial and auditing expertise. His appointment signals a return to internal leadership for the bank's board. Nelson will guide the bank's strategy under CEO Georges Elhedery, focusing on Asia.
Opposition to protest over new Labour Codes outside Parliament: Manickam Tagore
After the Centre agreed to discuss electoral reforms in Parliament, the INDIA bloc parties will protest against the new Labour Codes outside Parliament on Wednesday, Congress MP Manickam Tagore said.
President acts for the American people: Marco Rubio lauds Donald Trumps leadership
Smriti MandhanaPalaash Muchhal Wedding: Speculation surrounds Smriti Mandhana and Palaash Muchhal's wedding date. Their planned November 23 ceremony was postponed due to Smriti's father's health emergency. Viral claims of a December 7 wedding have been denied by Smriti's brother. Cheating rumors also surfaced online. Families are requesting privacy and patience as they await recovery and a new wedding date.
Maharashtra civic polls: 'Citizens' Manifesto' stresses urban reforms, transparency
An NGO has launched a 'Citizens' Manifesto' ahead of Maharashtra's civic polls. It proposes reforms for better service delivery and transparency. The manifesto emphasizes open civic data and citizen participation. It aims to empower urban local bodies for equitable development. The delayed municipal elections are a key focus. The initiative seeks to restore trust and involve citizens in governance.
US Secretary of State Marco Rubio lauded President Trump's foreign policy, citing his role in brokering peace deals, including very dangerous ones like India and Pakistan. Trump himself claimed credit for ending eight wars and resolving numerous global conflicts, asserting he deserves a Nobel Peace Prize.
Delhi AQI today: Delhi records AQI level of 376, air quality remains in 'very poor' category
Delhi AQI today: As winter sets in, a thick layer of smog enveloped the national capital Delhi on Wednesday morning. The city's air quality remains in the 'Very Poor' category, with an AQI of 376 at 7 am, according to data from the Central Pollution Control Board (CPCB). According to CPCB, the AQI, which ranges from 0 to 500, is divided into six categories, each reflecting the level of pollution and associated health risks.
Operation Sagar Bandhu: Indian Army contingent lands in Sri Lanka for humanitarian assistance
India launched 'Operation Sagar Bandhu' to provide humanitarian assistance and disaster relief to Sri Lanka following Cyclone Ditwah. A special contingent of the Indian Army, along with medical teams and equipment, arrived to support rescue and relief efforts. This swift response highlights India's commitment as a first responder in the region.
Luana Lopes Lara, a former ballerina, is now the world's youngest self-made woman billionaire. She cofounded Kalshi, a prediction market startup. The company has seen rapid growth and significant funding. Lopes Lara's journey from ballet to tech leadership is remarkable. Kalshi is expanding its reach and forging new partnerships.
Bengaluru weather on December 3: Bengaluru is likely to witness moderate rainfall for the next few days, the India Meteorological Department (IMD) said in its latest weather bulletin. Bengaluru has experienced a notable drop in temperatures since November 27. The city's AQI is also expected to see an improvement in the coming days.
US-Russia talks on Ukraine were 'constructive' but work remains, Putin adviser says
High-level talks between Russia and the U.S. on ending the Ukraine war are described as constructive, though significant hurdles remain, particularly regarding territorial disputes. While some U.S. proposals are deemed acceptable, others face Russian criticism. European nations are pushing for greater involvement in peace efforts, seeking to influence the outcome and secure future guarantees for Ukraine.
Senior advocate Madhav Khurana appointed as special public prosecutor in Delhi car blast case
Senior Advocate Madhav Khurana will lead the Delhi car blast case trial. The deadly blast claimed 15 lives. Khurana represents the National Investigation Agency. The NIA has arrested seven accused so far. Investigations are ongoing to dismantle the terror network. Searches have recovered digital devices and incriminating materials.
Trumps second sleepy moment in a month caught at White House event
Centre likely to move Central Excise (Amendment) Bill in Lok Sabha as political logjam halts
Following the recurring adjournments in Lok Sabha on Tuesday, Finance Minister Nirmala Sitharaman is likely to move the Central Excise (Amendment) Bill, 2025, for consideration and passing in the Lok Sabha on Wednesday, as per the list of business.
Pluribus Episode 6 release date, time and schedule are confirmed for December 5, 2025. The episode will follow the cliffhanger ending of Episode 5 and reveal Carols discovery in the cold room. Viewers will also see new story shifts, character movements and answers linked to the fake milk mystery.
Trump calls Somalis 'garbage'; tells them to go 'back to where they came from'
President Donald Trump expressed his desire to halt Somali immigration to the United States. He stated that Somalis are too reliant on social safety nets and contribute little to the nation. Trump's comments follow recent actions by his administration regarding asylum decisions. He also renewed criticism of Representative Ilhan Omar, a Somali-American congresswoman.
Australia's economy saw its strongest growth in almost two years during the third quarter, expanding by 2.1% year-on-year, though it slightly missed forecasts. Inflation also accelerated to 3.8% in October. Despite this uptick, the Reserve Bank of Australia remains cautious, holding interest rates steady and signaling that rate cuts might be nearing their end as inflation persists above target.
Powerball jackpot surges to $775 million for December 3 drawing - Heres what winner could take home
The Powerball jackpot has surged to an estimated $775 million for the December 3 drawing. No winner emerged from Monday's draw, increasing excitement nationwide. Players face a choice between a 30-year annuity or a lump-sum payout. Lottery officials remind players of the extremely low odds of winning this popular game.
Russia, US fail to reach Ukraine peace deal; Kremlin aide Yuri Ushakov says differences remain
A Reddit user on r/antiwork detailed the stress of working for a supervisor with extreme mood swings, leading to an unpredictable and tense environment. The employee described how a single mistake by one team member has put all ten employees at risk of being fired, amplifying the user's financial anxieties.
Chennai weather update: Chennai is likely to receive moderate rainfall on Wednesday due to the impact of cyclone Ditwah. Many other districts in Tamil Nadu such as Nilgiris, Coimbatore and Erode are likely to get heavy rainfall today. Schools and colleges in Chennai remain shut today. The uninterrupted rain brought normal life to a halt in many parts of the city.
China's services growth slips to 5-month low in November, private PMI shows
China's services sector saw its slowest growth in five months in November, with new orders softening despite a boost from foreign demand. While export business expanded, employment contracted for the fourth consecutive month, and business confidence weakened, indicating persistent constraints on the sector's momentum.
Morning Brief Podcast: ET in the Valley : Mohit Aron, Co-Founder, Nutanix And Founder, Cohesity
Miley Cyrus and Maxx Morando are engaged after four years of dating, confirmed by Page Six following a red-carpet appearance where Cyrus sported a diamond ring. The couple, who met on a blind date, have been increasingly public with their relationship since late 2021. Morando, a musician, has collaborated with Cyrus on her recent music.
Kerala: 2nd sexual assault complaint filed against suspended Congress MLA Rahul Mankootathil
A second young woman has leveled serious sexual assault allegations against suspended Congress MLA Rahul Mankootathil. She has emailed senior Congress leaders and the Kerala Pradesh Congress Committee president. The woman claims Mankootathil assaulted her at a homestay under the guise of marriage. This development intensifies the controversy surrounding the MLA, who is reportedly absconding.
'Ilhan Omar is a garbage...':Trumps fiery remarks accuse Somali refugees of ripping off Minnesota
Netflix, Warner Bros Discovery combo seen lowering costs for consumers, sources say
Netflix is proposing to acquire Warner Bros. Discovery's studios and streaming unit, arguing the combination with HBO Max would lower costs for consumers. This move aims to preemptively address regulatory concerns about reduced choice and higher prices. The deal would significantly expand Netflix's content library, including the HBO catalog and DC Comics properties.
Who is trying to kill Candace Owens and was France involved in Charlie Kirk assassination is the focus of a new debate after Candace Owens claimed that Charlie Kirk was betrayed and that French officials warned her about an alleged assassination plan. The story includes reactions and social media claims.

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