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AI capex projected at 3.6% of US GDP: Why the AI boom is bigger than the dotcom bubble, explains SBI MF

AI investment is driving growth but also increasing borrowing and long-term bond yields. With spending expected to reach unprecedented levels, investors question whether future revenues will justify the costs. Details here.

Livemint 12 Nov 2026 7:21 pm

Jharkhand Approves Banking Facilities for 906 Panchayats Under Digital Panchayat Scheme

Jharkhands Digital Panchayat Scheme will provide banking services to 906 panchayats, enhancing access for rural residents. Jharkhand Approves Banking Facilities for 906 Panchayats Under Digital Panchayat Scheme

Daily Kiran 12 Nov 2026 6:48 pm

Central government sets Rs 1.5 lakh laptop price limit for employees; Rs 1.8 lakh for Make-in-India devices

The central government has issued new guidelines allowing officers in Pay Levels 8 and above to buy laptops for their official duties. Eligible officers can invest up to Rs 1,50,000, or Rs 1,80,000 for Make-in-India devices. After four years, these laptops can be kept, provided that all data is erased prior. In case of transfers or retirements, officers can retain laptops by settling the book value.

The Economic Times 12 Nov 2026 5:45 pm

Chhath Puja bank holiday: Are SBI, HDFC Bank, ICICI Bank, PNB and other banks closed for Chhath Puja?

Banks will be closed in few states on November 16, 2026, due to Chhath Puja. While the Delhi Government has declared a public holiday. November features several bank holidays across India for various festivals and occasions. Customers are advised to complete important banking tasks before the holiday. Scheduled and non-scheduled banks observe public holidays on specific Saturdays of the month.

The Economic Times 12 Nov 2026 5:41 pm

Pollution-linked health insurance claims rise 4.3 times in 3 years; Over half of claims came from working professionals

Pollution-linked health insurance claims among Policybazaar customers quadrupled in three years, with cardiovascular and respiratory conditions making up 78% of claims. Details here.

Livemint 12 Nov 2026 5:29 pm

Shree Cement to invest Rs 7,000 crore in Andhra Pradesh; plans plants in 3 districts

Shree Cement Ltd plans to invest Rs 7,000 crore to establish cement plants in Andhra Pradesh. The company will set up facilities in Kadapa, Anakapalli, and Guntur districts. This decision comes after incentives from the coalition government led by Chief Minister N Chandrababu Naidu. Shree Cement aims to increase its production capacity beyond 80 million tonnes in the near future.

The Economic Times 12 Nov 2026 5:18 pm

Airlines facing challenging times; skies were a lot rosier a year ago: AAPA DG

High fuel prices, supply chain issues, and sustainability concerns are currently affecting the airline industry significantly. The Association of Asia Pacific Airlines highlighted that operational costs are increasing due to rising jet fuel prices. Governments are encouraged to engage in benchmarking to identify competitive strategies for their respective aviation markets. Sustainable Aviation Fuel production remains constrained, impacting airlines' decarbonization efforts.

The Economic Times 12 Nov 2026 4:32 pm

Oyster Renewable to complete Rs 350-crore wind-solar project in Andhra Pradesh by December

Oyster Renewable Energy is nearing completion of a 60.9 MW wind-solar hybrid project in Kadapa district. The project will be operational by next month and includes solar and wind energy capacity. The solar capacity has already been commissioned and operational, generating significant electricity annually. Once complete, the project aims to reduce CO emissions considerably each year. Laurus Labs will benefit from reliable renewable power through this hybrid energy initiative.

The Economic Times 12 Nov 2026 4:24 pm

Bank holiday tomorrow: Branches closed in this state on Friday, Nov 13 know reason and other details

Banks in Shillong will close on November 13 for Wangala, the Garo communitys post-harvest festival. Details here.

Livemint 12 Nov 2026 4:06 pm

Sensex, Nifty close flat as investors await October CPI data; realty, banking stocks gain

Indian equity markets closed flat on Thursday as investors remained cautious ahead of the October inflation data due later in the day. Buying in financial and realty stocks helped offset profit-booking in IT, FMCG and automobile shares following the recent sharp rally. The Nifty 50 index closed at 25,299.35, gaining 44.30 points or 0.18 per cent, while the BSE Sensex ended at 81,911.01, up 31.61 points or 0.04 per cent. Vinod Nair, Head of Research at Geojit Investments, said buying in financial and realty stocks supported the market, while investors booked profits in sectors that had witnessed a recent rally. Indian equities traded near flat as buying in financials and realty offset profit-taking in IT, FMCG and automobiles following the recent sharp rally. Strong foreign inflows remained the key support, reinforcing a large-cap financial rotation rather than broad index chasing. Mid- and small-caps nevertheless outperformed, signalling firmer underlying risk appetite despite muted b...

devdiscourse 12 Nov 2026 3:59 pm

AMFI Oct 2026 data: Where is investor money flowing in equity mutual funds? Inflow trends and expert SIP picks for 2027

AMFIs October 2026 data points to changing investor allocations across equity mutual fund categories, with inflows rising in some segments and declining in others. Experts highlight key trends shaping investor preferences and considerations for those planning fresh SIPs for 2027.

Livemint 12 Nov 2026 3:53 pm

Nippon India Mutual Fund dominates volumes in gold & silver ETFs during Diwali 2026 with 55% market share

Nippon India Mutual Fund's Gold BeES and Silver ETF together accounted for 55% of the average daily trading turnover across gold and silver ETFs during Diwali 2026. Gold BeES commanded a 54% share of category volumes, while Nippon India Silver ETF held 57%, highlighting strong trading activity in both products.

The Economic Times 12 Nov 2026 3:43 pm

Fairfax's Rs 52,878-crore IDBI Bank deal sets stage for a financial services powerhouse

Fairfax Financial Holdings has successfully acquired a controlling stake in IDBI Bank for Rs 52,878 crore. The investment aims to redefine IDBI Bank as a comprehensive financial services provider in India and abroad. Fairfax plans to integrate its existing insurance and capital market businesses into IDBI Bank to enhance its offerings. The acquisition reflects Fairfax's strategy of leveraging IDBI Bank's infrastructure for greater market competitiveness.

The Economic Times 12 Nov 2026 3:34 pm

Arbitrage mutual funds swing back to inflows in October 2026 with 3,929 crore: Top 5 schemes by 1, 3, 5-year returns

Arbitrage funds attracted 3,929 crore in net inflows in October 2026, reversing Septembers outflows. We look at the top five funds by 1-year, 3-year and 5-year returns and identify which fund features across all three performance lists.

Livemint 12 Nov 2026 2:56 pm

Borrow with monthly cash flows in mind: TransUnion CIBIL's Bhavesh Jain

The choice of credit should primarily depend on three factors: the purpose of borrowing, the amount required and the borrower's ability to repay within a defined period, said Bhavesh Jain, MD and CEO of TransUnion CIBIL.

Livemint 12 Nov 2026 2:50 pm

8th CPC: High fitment factor vs increment rate

The Economic Times 12 Nov 2026 2:41 pm

GAIL, KRIBHCO explore $1.6 billion urea plant in Andhra Pradesh

GAIL (India) and KRIBHCO have signed an agreement to explore constructing a urea plant in Andhra Pradesh. The plant is expected to generate direct and indirect job opportunities for local residents. Officials aim to set up a facility producing 1.27 million tons of urea per year in Srikakulam. The state government will support the initiative by providing land and infrastructure.

The Economic Times 12 Nov 2026 2:34 pm

AMFI Rejig: Cupid, Physicswallah among 13 smallcap stocks that may get upgraded to midcap

Thirteen smallcap stocks, including Ather Energy, RBL Bank and Welspun Corporation, may move into the midcap category in AMFI's H1 CY27 reclassification. Nuvama Institutional Equities has also identified three potential new entrants to the midcap segment.

The Economic Times 12 Nov 2026 2:31 pm

DA hike pending arrears payment process: How money will be paid after states increased dearness allowance on Diwali

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.

Livemint 12 Nov 2026 2:25 pm

Bihar first municipal bond available on NSE online: Now you can invest in Patna Municipal Corporation bonds here's how

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.

Livemint 12 Nov 2026 2:09 pm

22k gold and silver rates today (November 12, 2026): Check 24k, 22k, 20k and 18k gold jewellery prices from IBJA, Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers and Tanishq in Delhi, Mumbai, Hyderabad & more cities

Gold rates today: Gold and silver prices took a noticeable dip on November 12, 2026, across key Indian markets. As per the India Bullion and Jewellers Association, the latest rates showed a reduction from the prior day, allowing buyers to explore and compare options amidst the noticeable decline.

The Economic Times 12 Nov 2026 1:51 pm

Franklin Templeton launches Franklin US Equity IFSC Fund as its first outbound fund

Franklin Templeton India has launched its first outbound fund through GIFT City, offering Indian investors access to an actively managed US equity strategy. The feeder fund has a minimum investment of USD 5,000 and aims for long-term capital appreciation.

The Economic Times 12 Nov 2026 1:46 pm

New SIP registrations fall 20%, stoppage ratio climbs to 116% in October after 5-month decline

October witnessed a significant drop in new Systematic Investment Plans (SIPs), plunging by 20% compared to the previous month. A marked rise in the number of SIPs being discontinued or completed pushed the stoppage ratio over 100%. However, the strength of mutual fund inflows revealed a robust participation of investors. The steady year-on-year growth in SIP assets further emphasizes the sustained allure of these plans among the investing community.

The Economic Times 12 Nov 2026 1:42 pm

Reliance plans Rs 43,000 cr coal gasification project in Andhra Pradesh, document shows

Reliance Industries is set to invest approximately 430 billion rupees in Andhra Pradesh for a coal gasification project. This project aims to create 5,000 direct and 35,000 indirect jobs, while attracting further investments over its lifetime. The first phase will involve exploration and pilot demonstrations to establish the project's feasibility. An additional investment of approximately 400 billion rupees will follow if the first phase proves successful.

The Economic Times 12 Nov 2026 1:27 pm

Best fixed deposit rates, 11 Nov 2026: Earn up to 8.25%; check FD returns of top 5 small finance, private, public banks

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.

Livemint 12 Nov 2026 1:19 pm

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.

The Economic Times 12 Nov 2026 1:18 pm

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.

The Economic Times 12 Nov 2026 1:12 pm

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.

The Economic Times 12 Nov 2026 1:02 pm

Bank of Baroda raises FD interest rates to up to 6.85%

The Economic Times 12 Nov 2026 12:38 pm

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.

The Economic Times 12 Nov 2026 12:21 pm

Gold and silver ETFs fall up to 3% as firm dollar and Fed rate hike bets weigh. Should investors buy the dip?

Gold and silver ETFs declined as a stronger US dollar and rising expectations of a Federal Reserve rate hike weighed on precious metal prices. Financial experts advise investors to continue systematic investments in gold and silver in line with their long-term asset allocation.

The Economic Times 12 Nov 2026 12:10 pm

Who is Wing Commander Namrita Chandi? How did she win pension battle 15 years after retiring from Indian Air Force?

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.

Livemint 12 Nov 2026 11:51 am

CM Yogi Adityanath promotes UP's 'bulldozer brand', invites CNH to manufacture them alongside tractors

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.

The Economic Times 12 Nov 2026 11:44 am

Gold, silver prices today, 12 November: Check retail rates of 24K, 22K, 18K gold, 999 silver in Delhi, Mumbai, Bangalore

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. 

Livemint 12 Nov 2026 11:40 am

RBI issues new domestic money transfer rules

The Economic Times 12 Nov 2026 11:19 am

Your insurance may be due for renewal. Are you keeping track?

A missed renewal can cost you more than a late fee, from losing waiting-period benefits to resetting your no-claim bonus. Here are six ways to keep your cover intact.

Livemint 12 Nov 2026 11:18 am

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.

The Economic Times 12 Nov 2026 11:06 am

Nvidia Corporation stock falls 13% in five days amid Jensen Huang controversy: Which equity mutual funds are exposed?

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.

Livemint 12 Nov 2026 10:10 am

How to budget for clean air

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.

Livemint 12 Nov 2026 9:59 am

Oil India among 6 stocks closing above VWAP

Six Nifty500 stocks closed more than 1.5% above their respective volume-weighted average prices on November 11, according to StockEdges technical scan, indicating positive price action during the session.

The Economic Times 12 Nov 2026 9:43 am

Bank holiday today: Are SBI, HDFC, ICICI, PNB branches closed on Thursday, 12 November? Check RBI calendar this week

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. 

Livemint 12 Nov 2026 9:16 am

Worlds top countries with highest gold reserves: Is India ranked among top 10?

The US leads the world in official gold reserves, but where does India stand? Explore the top 10 countries, their gold holdings and why central banks value bullion.

The Economic Times 12 Nov 2026 9:10 am

Focused funds have 30-stock limit, but these active equity mutual funds also follow concentrated approach: Here's list

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.

Livemint 12 Nov 2026 8:28 am

No bank account? Check how much cash you can send or receive through ATM, NEFT under RBI domestic money transfer rules

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.

Livemint 12 Nov 2026 7:59 am

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.

Livemint 12 Nov 2026 7:40 am

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.

The Economic Times 12 Nov 2026 7:16 am

MFs cut stakes in 79 companies for four straight quarters

Mutual funds in India have continued supporting domestic equities despite market volatility and foreign selling. They decreased stakes in 79 companies for four consecutive quarters until September 2026. While domestic investments by mutual funds totaled

The Economic Times 12 Nov 2026 6:44 am

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.

Livemint 12 Nov 2026 6:15 am

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.

The Economic Times 11 Nov 2026 11:03 pm

Two auto firms commit Rs 1,370 cr investment in Tamil Nadu, govt dismisses rumours of projects shifting to AP

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.

The Economic Times 11 Nov 2026 10:44 pm

FD auto-renewal: Your fixed deposit auto-renewed at a lower interest rate? Can you reverse it? Know here

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.

Livemint 11 Nov 2026 10:21 pm

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.

The Economic Times 11 Nov 2026 10:10 pm

TMB marks 105 years with AI-powered banking services, new products, branch

Tamilnad Mercantile Bank launches multilingual AI telecalling service, Smart Kiosk and credit card as Vice-President C P Radhakrishnan urges it to expand its national presence

Business Standard 11 Nov 2026 9:43 pm

Watch: Ueno Bank collapse: How Paraguays banking crisis unfolded | Business Matters

The collapse of Paraguays Ueno Bank left nearly 3 million customers unable to access their money, triggering a financial and political crisis. What went wrong, and how does a bank actually collapse? In this episode of Business Matters, we explain how banks operate, what triggers bank runs, and how risky lending, poor management and financial misconduct can push a bank towards insolvency.

The Hindu 11 Nov 2026 9:30 pm

Small-cap fund inflows cool in October while large-cap funds gain favour. Is the investor mood changing?

Equity mutual fund inflows fell 14% to 32,994 crore in October as small- and mid-cap investments declined. However, large cap funds witnessed a rise. Here's what changed this month.

Livemint 11 Nov 2026 7:47 pm

Whats Stand-Up India financing scheme? Benefits, how to apply online, documents required after Cabinet extension nod

The Cabinet has extended the Stand-Up India scheme, a government-backed credit initiative aimed at encouraging entrepreneurship among women and SC/ST communities by facilitating bank loans to set up new businesses. Check the benefits and more.

Livemint 11 Nov 2026 7:17 pm

Fairfax Financial likely to exit IIFL Finance, sources say

Canada's Fairfax Financial Holdings intends to divest its nearly 11% stake in IIFL Finance soon. The sale aims to raise funds for acquiring a significant stake in IDBI Bank from the Indian government. Fairfax's current share in IIFL Finance is valued at approximately 30 billion rupees, or $320 million. Additionally, Fairfax is attempting to improve its stake in IIFL Capital through an open offer.

The Economic Times 11 Nov 2026 6:39 pm

Indian Overseas Bank revises FD interest rates: 6.75% rate on 444-day deposits, rate cut on 180269 day FDs

Indian Overseas Bank has revised its fixed deposit interest rates, effective from November 10, 2026. Senior citizens can avail an additional interest rate, as well as super senior citizens.

The Economic Times 11 Nov 2026 6:16 pm

India needs suitable evaluation matrix for awarding exploration and mining projects: NITI CEO

NITI Aayog CEO Anurag Jain underscored the development of an evaluation matrix for gold mining projects. The focus is on promoting technical competence and sustainable development of gold resources in India. Discussions revolved around improving geological data and regulatory approvals within the mining sector. The meeting also addressed the country's growing dependence on gold imports and limited exploration efforts.

The Economic Times 11 Nov 2026 6:04 pm

Air India makes tangible progress in transformation, but turnaround will take time: Singapore Airlines

Air India is making progress in its multi-year transformation, focusing on customer experience and operational improvements. Singapore Airlines reported lower losses from associated companies, primarily Air India, aiding financial performance. The airline group faced challenges due to elevated jet fuel prices impacting profitability during the first half. Despite this, Singapore Airlines reported improved performance in the second quarter amid record revenues.

The Economic Times 11 Nov 2026 5:54 pm

HDFC Bank raises MCLR by 5-15 bps across all tenures: Check new lending rates and what they mean for your loan EMIs

HDFC Bank has raised its MCLR by 515 basis points across all seven tenures, effective November 7. Check new rates here.

Livemint 11 Nov 2026 5:48 pm

Life insurers post 26 pc growth in new business premiums to Rs 42,914 crore in October

New business increased to Rs 42,914 crore in October this year, compared to Rs 34,007 crore in the corresponding month last year, according to data released by the Life Insurance Council.

The Economic Times 11 Nov 2026 5:48 pm

Namo Bharat crosses 5-crore passenger mark, adds latest crore in record 93 days

The Namo Bharat corridor has recorded over five crore passenger journeys since its inception in October 2023. The latest journey milestone was reached in just 93 days, marking rapid ridership growth. Significant increases in daily journeys were noted, with August witnessing 35.25 lakh passenger journeys alone. The corridor provides efficient connectivity between Delhi, Ghaziabad, and Meerut, enhancing urban transport services.

The Economic Times 11 Nov 2026 5:46 pm

Acceleration in clean technology needed to ensure decline in world's emissions: Study

Adopting clean energy solutions such as solar, wind, and electric vehicles can play a pivotal role in lowering carbon emissions. The Global Carbon Project highlights a concerning forecast of rising emissions in India that may exceed earlier predictions. While many nations are successfully decreasing fossil fuel emissions, a rapid shift to cleaner energy sources is critical, as our carbon budget is narrowing, demanding immediate action to meet 2028 emission goals.

The Economic Times 11 Nov 2026 5:12 pm

Karnataka plans feasibility studies for 1,500 MW floating solar capacity

Karnataka is currently exploring the establishment of floating solar power projects aimed at generating 1,500 MW capacity. The initiative includes conducting feasibility studies and surveys for suitable reservoirs and water bodies. KPCL will evaluate technical aspects and environmental impacts as part of project preparation. This project reflects the state's commitment to innovative renewable energy solutions while optimizing land and water resources.

The Economic Times 11 Nov 2026 5:04 pm

How investors in India can compare forex investing spreads, execution, spreads, and hidden fees

An easy guide on understanding real investing costs, fund transfers, and platform performance across international investing brokers.

The Economic Times 11 Nov 2026 4:56 pm

Beyond Business: The Leadership Philosophy of T. Kishan Singh

T. Kishan Singh highlights the influence of his father's dedication on his professional journey in the paper industry. He stresses the role of sustainable practices and customer relationships for long-term business success. Health and fitness are prioritized as essential elements for effective leadership and overall well-being. Singh shares that consistency and resilience are vital in navigating challenges, both personally and professionally.

The Economic Times 11 Nov 2026 4:44 pm

Adani Ports can absorb Evos deal costs

New Delhi: Adani Ports and Special Economic Zone will bolster the scale and diversity of its international portfolio through the proposed acquisition of Evos BV, S&P Global Ratings said Wednesday.The company can maintain its financials and credit quality after the acquisition of the liquid storage operator, in our view, the rating agency said in a statement.Also Read: Adani Ports agrees to buy Dutch storage and terminal co Evos for $2.9 bnAdani Ports and Special Economic Zone Ltd (APSEZ) last week said it has agreed to acquire 100 per cent of the Netherlands-based Evos BV from Igneo Infrastructure Partners at an enterprise value of 2.56 billion euros, marking a major expansion of its international operations and giving it a significant presence in Europe's liquid storage and energy infrastructure market.While Netherlands-headquartered Evos has limited operating synergies with Adani Ports' operations in India, the deal is consistent with the latter's growth strategy. It will allow Adani Ports to diversify its liquids portfolio with exposure to the growing market for new-age transition fuels such as sustainable aviation fuel, biofuels, methanol and bioethanol.Also Read: Adani Ports' global biz sprints, but home is still where the money isAt the same, the deal expands Adani Ports' geographic footprint into more developed markets with stable operating environments, S&P said.The all-cash transaction is valued at an enterprise value of 2.56 billion euro, equivalent to around Rs 27,000 crore, implying an equity value of approximately 1.18 billion euro. The acquisition is scheduled to be completed within 15 months, subject to regulatory approvals in India and relevant foreign jurisdictions.By our calculations, international investments could increase to about 20 per cent of the total revenue of Adani Ports from 10-15 per cent at present. We forecast the company will maintain a healthy ratio of adjusted debt to EBITDA of 2.3x in fiscal 2028 (ending March 31) and 2.7x in fiscal 2029 post the acquisition, below our downside trigger of 3.5x, S&P said.The transaction, it said, remains aligned with Adani Ports' financial policy of maintaining a net debt-to-EBITDA ratio of below 2.5x, based on the company's calculations. Potential proceeds from the company's pending stake sale in Vizhinjam port can provide a cushion to absorb growth spending over the next two years.We estimate Evos will contribute about 9 per cent of Adani Ports' total EBITDA in fiscal 2029, supporting earnings quality. Evos benefits from high average commercial occupancy of 99 per cent and stable revenue, with a substantial portion of its storage capacity being under take-or-pay contracts which are linked to consumer price index inflation, the rating agency said.Evos' robust reported EBITDA margin of 56 per cent in 2025 is similar to Adani Ports' 59 per cent in FY26.

The Economic Times 11 Nov 2026 4:40 pm

Tata AIG denied 30 lakh death claim over alcohol consumption by insured; why the pensioners family won the case

In Govindasamy's case, the Commission found that Tata AIG had failed to produce sufficiently reliable evidence to establish this alcohol consumption condition.

Livemint 11 Nov 2026 4:22 pm

India will need additional 25,000 EV fast chargers in next 3 years: Exicom CEO

India is projected to require an increased number of DC fast chargers to support electric vehicle sales growth. An estimate suggests that around 25,000 more chargers will be needed over the next three years. This requirement accounts for the expected growth in passenger vehicles, buses, and trucks. Exicom Tele-Systems has supplied a significant number of charging stations and aims for ongoing growth in this sector.

The Economic Times 11 Nov 2026 4:02 pm

ET AI Business Transformation Masterclass heads to IIM Bangalore to decode enterprise AI adoption

The AI Business Transformation Masterclass & Awards 2026 at IIM Bangalore will feature leaders from IndusInd Bank, PhonePe, PepsiCo, Shadowfax, Myntra, Shopify, NVIDIA and other organisations. Sessions will cover agentic AI, voice technology, supply chains, contextual commerce and physical AI, followed by the ET Most Innovative AI Product Awards 2026.

The Economic Times 11 Nov 2026 4:00 pm

Mutual fund NFOs: 28 funds collect Rs 3,829 crore in October; ICICI Prudential Contra Fund contributes the most

Mutual funds launched 28 new schemes in October, collectively garnering Rs 3,829 crore. The launches spanned index funds, equity ETFs, debt funds, fund of funds, hybrid schemes and close-ended funds, with ICICI Prudential Contra Fund leading collections.

The Economic Times 11 Nov 2026 3:28 pm

Bulls Take Banking: Bank Nifty Outperforms Nifty 50 With 12% November Rally Five Key Triggers

The sharp rally firmly establishes the banking gauge as a clear market outperformer, outpacing the broader benchmark Nifty 50 amid robust institutional inflows and resilient sector fundamentals.

NDTV 11 Nov 2026 3:21 pm

Burnt lot of money this Diwali but regretting it now? 5 smart money moves for 2027 to rebuild savings and fix finances

With the Diwali festive season over, households may be assessing the impact of their celebrations on their finances. Experts suggest 5 money moves to help people review spending habits, reassess financial priorities, and put their finances back on track before 2027.

Livemint 11 Nov 2026 3:03 pm

Deepinder Goyal's $900 Temple wearable faces scrutiny over brain blood-flow claims

Temple, a new wearable device, claims to track blood flow to the brain and other health metrics. Indian doctors express concerns over the validity of these claims, asking for regulatory scrutiny. Some sportspersons promote the device, while critics label it a gimmick without formal medical approvals. Developer Deepinder Goyal states the device is a wellness tracker, not a medical one.

The Economic Times 11 Nov 2026 2:44 pm

Aurobindo Pharma arm gets 'Voluntary Action Indicated' classification for Telengana facility from USFDA

Following an inspection from September 7 to September 15, 2026, the US FDA granted Apitoria Pharma, a subsidiary of Aurobindo Pharma, a Voluntary Action Indicated classification. This classification indicates that although objectionable conditions were found in the Telangana manufacturing facility, the absence of immediate regulatory action allows the company to address the issues through voluntary corrective measures.

The Economic Times 11 Nov 2026 2:22 pm

500 gm gold limit for married women: Supreme Court says they must still explain its source - here's why | What to do now

The Supreme Court has clarified that the 500-gram gold limit for married women does not automatically explain the source of jewellery in disproportionate-assets cases. Here's what the ruling means for ordinary households, existing seizure safeguards and gold documentation.

Livemint 11 Nov 2026 2:19 pm

Why is the glittering gold losing its sparkle?

After hitting a record near $5,600 an ounce in January 2026, gold has fallen roughly 29% from its peak. Here is what drives gold prices, why the rally reversed, and how investors can approach gold now.

The Economic Times 11 Nov 2026 2:15 pm

Bengaluru Metro Blue Line moves closer to airport connectivity: Train completes 6-km trial run from Byappanahalli to Doddanekundi on the 58-km corridor between Central Silk Board and Kempegowda International Airport

Bengaluru Namma Metro Blue Line trial has moved from Byappanahalli to KR Puram and Doddanekundi, taking the 58.19 km corridor to Kempegowda International Airport closer to mainline testing. Work continues near Central Silk Board, and inspections will take months. The 7.5 km Pink Line opens on November 13.

The Economic Times 11 Nov 2026 2:10 pm

Provisional registration framework proposed for allied healthcare professionals

The National Commission for Allied and Healthcare Professions has proposed a provisional registration framework for eligible professionals, with provisions for bridge courses, supervised clinical training and competency assessments before regular registration. The draft regulations also propose an online registration system and invite public and stakeholder feedback until December 4.

The Economic Times 11 Nov 2026 2:08 pm

Parag Parikh Flexi Cap Fund: M&M, Coal India, Petronet LNG among stocks bought in October

The largest active flexicap fund by assets under management (AUM) had an AUM of Rs 1.46 lakh crore in October. The fund did not completely exit any stock or add any new stock to its portfolio in October.

The Economic Times 11 Nov 2026 1:51 pm

EPS-95 pensioners can submit Jeevan Pramaan from home using UMANG App: Follow these 6 steps for submission through Aadhaar face authentication

Jeevan Pramaan: EPS-95 pensioners no longer need to visit a bank branch or office for their annual Digital Life Certificate. They can generate it conveniently using the UMANG App and Aadhaar face authentication. Once submitted, the certificate remains valid for one year, allowing pensioners to continue receiving payments.

The Economic Times 11 Nov 2026 1:47 pm

How can senior HR leaders prepare themselves to drive enterprise transformation through people?

ISB Executive Educations 43-week Chief Human Resources Officer Programme equips senior HR leaders with the strategic judgement, business acumen and leadership capabilities to translate human capital into sustained enterprise value.

The Economic Times 11 Nov 2026 1:47 pm