The Economic Times
Elections 2026Business / The Economic Times
India's unemployment rate saw a decline to 5.1% from 5.4% in the prior quarter. The decrease in unemployment primarily occurred in rural areas, where it fell to 4.3%. The survey indicated that more individuals were either working or seeking jobs during this period. Women's employment participation also improved, rising to 34.7% from 33.2%. The overall employment figure reached approximately 57.9 crore individuals in India.
PHD Chamber of Commerce and Industry has made recommendations for the Union Budget 2027-28. They have proposed abolishing long-term capital gains tax and reducing short-term capital gains tax rates. The chamber has also called for relaxed loan repayment norms and higher loan limits for MSMEs. They highlighted the economic significance of MSMEs in India's GDP and employment. Improved access to credit and equity support could enhance India's global manufacturing position.
Three-way talks involving Russia, Ukraine, and the United States began in Abu Dhabi to address security guarantees. The discussions are the first of their kind since February and will last two days. Key negotiators from both sides have returned, seeking to bridge substantial gaps in their demands. Despite previous rounds yielding no breakthroughs, hopes persist for progress towards a resolution.
Nvidia's CEO Jensen Huang is under investigation after allegations of an affair with a suspected Chinese spy. The company's board of directors is facing scrutiny regarding its independence to investigate the CEO's conduct. American national security concerns are heightened due to Huang's close ties with political figures, including Donald Trump. Nvidia's advanced semiconductor technology is critical in the competitive AI landscape.
Sonia Gandhi reflects on her memories of the 1984 anti-Sikh riots following Indira Gandhi's assassination. Rajiv Gandhi made national appeals for peace amidst the violence and chaos that ensued. Several commissions were established in hopes of delivering justice to the victims of the riots. Despite the government's efforts, justice has been slow and unsatisfactory for those affected.
Two tankers stationed at RAF Mildenhall were diverted to Germany on Monday, and several other tankers were relocated to other bases in Europe later in the day, the newspaper reported, citing people familiar with the decision. U.S. officials decided to redeploy the aircraft after being alerted about the new threat on Monday, the Journal said.
The reported association between Nvidia CEO Jensen Huang and alleged Chinese spy Alice Huang has sparked fresh discussions about honey traps in espionage. This intrigue echoes past scandals involving romantic liaisons, such as Mata Haris execution and the downfall of diplomats like Maurice Dejean. Furthermore, the case of whistleblower Mordechai Vanunu exemplifies how personal relationships can intertwine with espionage efforts, emphasizing the profound implications they hold.
A new Reuters/Ipsos poll reveals that many Americans desire Congress to end the war with Iran. Support for repealing tariffs imposed by the Trump administration is also significant among respondents. Both Democrats and Republicans expressed a need for bipartisan cooperation on addressing cost of living issues. Concerns about potential impeachment proceedings against Trump were also noted among poll participants.
Jensen Huang of Nvidia faces a class-action lawsuit filed by Rosen Law Firm concerning shareholder miscommunication. The lawsuit alleges that Huang's unreported relationship with a Chinese executive raised national security concerns impacting shareholders. Reports indicated the woman involved was linked to foreign intelligence efforts, leading to market instability. Huang admitted his unfaithfulness in a message to employees while expressing remorse for his actions.
Pakistan's Punjab government expressed concerns about the involvement of Hafiz Saeed's political party in elections. The PML-N government criticized the PMML for contesting elections despite being declared a banned group. While the election saw PML-N's candidate secure a significant victory, PMML alleged rigging and violations. Additionally, members of the Punjab government previously associated with PMML have raised eyebrows. The situation highlights ongoing tensions between political entities
The Adani Group is poised to infuse over $120 billion into capital projects within the next five years, predominantly channeling funds into the energy sector, transport, and logistics. With about 70% allocated to energy, and 20% to transport and logistics, this substantial investment aims to double the group's asset base and generate core earnings ranging from 2.6 to 3 trillion rupees.
Sahithya Raj quit her SAP BI consultant job at IBM in December 2017 to turn her love for baking into a business. Starting with brownies and cupcakes from her apartment kitchen, she gradually expanded production, secured Rs 1.3 crore in funding and built a boutique bakehouse brand with eight locations across Hyderabad. She was recognised at Times Power Women 2026.
Following remarks from Federal Reserve Governor Christopher Waller, short-dated Treasury yields saw an uptick, as he proposed the necessity of action despite seemingly moderated inflation data. Waller highlighted a possible half-point rate increase if inflation intensifies, signaling potential shifts in monetary policy. Economists expect a modest rise in core inflation, guiding market anticipations as money markets now fully reflect a 25 basis point increase in December.
Bajaj Finance has allotted 5.74 crore warrants to its promoter, Bajaj Finserv, for Rs 5,799 crore. The special committee of the board approved the issue at an issue price of Rs 1,010 per warrant. Each warrant is convertible into an equivalent number of equity shares of the company. A minimum of 25 percent of the consideration is payable at allotment, while the remaining 75 percent will be payable later.
India is poised for record wheat planting this season, supported by government incentives and soil moisture. The final wheat output will depend significantly on weather patterns influenced by El Nino in April and May. El Nino typically brings above-average rainfall to key wheat-growing areas but may also increase flooding risks. Adequate snow cover from expected precipitation could benefit both overwintering crops and reservoir replenishment.
In November, foreign investors reversed a trend of selling by making substantial purchases of Indian equities. This shift followed a global sell-off triggered by AI developments affecting markets worldwide, including the US and Asia. The allure of strong domestic earnings growth alongside attractive valuations in large-cap stocks reignited investor interest in India, particularly in the financial services and technology sectors, with noteworthy activity also seen in the debt market.
Karnataka is preparing to present a new civil aviation policy aimed at enhancing regional connectivity and airport management. The policy suggests financial help and viability gap funding to bolster state-operated airports. Minister MB Patil criticized the Centre for inadequate support related to flight operations. He held the Union government accountable for the ethanol production crisis affecting local sugar mills.
India is in a favourable economic position due to declining crude oil prices and increasing foreign investment inflows. The Indian rupee is currently undervalued, and there is potential for appreciation if geopolitical tensions ease. Expectations suggest one more interest rate hike from both the Federal Reserve and the Reserve Bank of India. Additionally, shifting global investment sentiment is favoring markets such as India beyond artificial intelligence stocks.
Indian state-run miner NMDC Ltd is in talks with Russia's Rosatom to invest in lithium projects. These discussions are part of India's strategy to secure supplies for battery and EV industries. NMDC aims to enhance its global mineral diversification strategy and has formed a team for due diligence. The Indian government is investing in domestic processing of critical minerals to reduce import dependence.
Goa's Namrata Khandeparkar quit her high-paying Module Lead job at Persistent Systems after finding corporate life creatively unfulfilling. A computer engineer, she gave herself one year to turn baking into a business. Starting with workshops in a rented flat, she reinvested her earnings and built a customised cake business featuring creative designs.
Kareena Kapoor Khan embraced royal elegance this Diwali alongside her husband, Saif Ali Khan. A video shared by celebrity stylist Rhea Kapoor showcased the Jab We Met actress in a Punit Balana kaftan and turban. However, her standout accessory was a 30-carat emerald pendant engraved with Ayat-ul-Kursi, the 255th verse of the Qurans second chapter.
On Tuesday, government bond yields in the Eurozone experienced a notable drop, particularly for French and Italian bonds. The easing of inflation worries, attributed to falling oil and natural gas prices, enhanced demand for bonds. Germany's 10-year bond yield fell to 3.25%, while France's decreased to 4.69%. Boosted by the US President's calming remarks, market sentiment improved, especially for nations that had faced challenges in their bond markets.
Sonia Gandhi's memoir 'Belonging' sparks political row; BJP, Shiv Sena leaders question her claims
The Council for the Indian School Certificate Examinations (CISCE) on Tuesday announced the schedule for the Indian Certificate of Secondary Education (ICSE Class X) and Indian School Certificate (ISC Class XII) Year 2027 Examinations.A total of 379,980 candidates are set to appear for the two examinations, the board said, reaffirming its reach and its continued commitment to delivering credible, fair and high-quality school-level assessments.Also read: ISCE Class 12 Board Exam Timetable 2027
Kitsap Fast Ferries has successfully increased passenger transport, carrying over 854,000 passengers in 2024. The local sales tax supports 84 percent of the operating costs instead of relying solely on ticket sales. More than half a million passengers used the Bremerton route, showcasing significant demand for faster service. The system's reliability was highlighted with high performance metrics in scheduled service.
Nvidia Chief Executive Officer Jensen Huang could face scrutiny regarding his relationship with Alice Huang. Concerns have arisen about her possible links to Chinese intelligence and potential implications for national security. As Democrats prepare to take control of Congress, lawmakers may intensify scrutiny on Huang's conduct and business dealings. Governance experts suggest that this situation could lead to changes in Nvidia's leadership structure.
Iran is utilizing the COP31 climate summit to highlight the consequences of a US missile strike on a school. The national pavilion features images of the incidents aftermath along with a virtual reality experience. Additionally, visiting officials will see exhibits from Ukraine addressing efforts in renewable energy amid conflict. The conference has become a platform for discussing global energy price increases related to regional conflicts.
Young investors often find it difficult to manage their finances as rising number of responsibilities and expenses take a toll on savings. But billionaire and market veteran Warren Buffett has some advice for them.Buffett took control of a struggling textile company at the age of 35 in 1965 and transformed it into Berkshire Hathaway, now valued at more than $1 trillion, with annual after-tax operating earnings of about $45 billion. Buffett handed over the CEO role to longtime deputy Greg Abel th
Karnataka Minister Priyank Kharge addressed a memorandum submitted for reinstating Tipu Sultan Jayanti celebrations. He criticized the BJP for not acknowledging their history regarding Tipu Sultan's contributions. Kharge emphasized the participation of Tipu Sultan in the freedom struggle compared to the RSS. The memorandum also calls for a review of educational materials on Tipu Sultan and Hyder Ali.
The reports of Nvidia CEO Jensen Huangs alleged involvement in a spy scandal have sent shockwaves through the tech world. President Donald Trump defends Huang as an honorable guy, whereas Nvidias board of directors has confirmed an independent investigation into the Jensen Huang-Alice Huang case to understand whether Huang was under the radar of Chinese spy operations. Heres an entire timeline of how this spy drama unfolded.
British author John Harrison has won the 2026 Booker Prize for his dystopian satire The End of Everything, becoming the oldest recipient of the literary award at 81. The novel, which explores societal collapse and human resilience, was unanimously chosen by judges, marking a rare victory for speculative fiction.
Savita Punia will not participate in the upcoming Asian Champions Trophy, being replaced by Bansari Solanki. The tournament will take place in Bhopal from November 19 to 28, with India as the defending champions. Salima Tete will continue to lead the team in this international competition following their recent Asia Games victory. Several players will assume different roles during the tournament to assess their capabilities.
Only two mutual fund new fund offers (NFOs) are currently open for subscription. Edelweiss Nifty Energy ETF will close on November 13, while Aditya Birla SL FMP-VC-114D will remain open until November 17. Here are the key details, including their categories, subscription deadlines and minimum investment amounts.
Gold rates today: Major jewellery brands, including Tanishq and Malabar Gold & Diamonds, have seen a dip in gold prices today, making it an opportune moment for consumers to purchase 22k gold at more affordable rates compared to Monday. Consistent pricing across cities like Delhi, Mumbai, and Chennai allows for easy shopping.
Sonia Gandhi's memoir explores the familial and political tensions within the Gandhi family. Maneka Gandhi's marriage to Sanjay ignited complex dynamics leading to significant disagreements. Indira Gandhi's concerns about Sanjay's political ambitions and Maneka's influence further strained relationships. The eventual fallout resulted in Maneka's departure, which Sonia describes in detail in her book. This historical account outlines the impact of personal conflicts on political landscapes within

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