The Economic Times

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.

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

Alice Huang, a finance professional, has transitioned to the AI chip industry with Megaspeed International. The company is under investigation for its links to advanced Nvidia chip exports to China. Reports suggest Alice Huang may have acted as an intelligence asset, raising concerns about potential national security breaches. Nvidia's board has initiated an investigation into its CEO's involvement with her.

Divyanka Tripathi Dahiya recalled a devastating fire at her residential building on the night before Diwali, when she and her family narrowly escaped. However, they later learnt that their beloved building guard, Dhanpat Uncle, had died. The actress shared an emotional tribute, remembering how he welcomed her babies and became part of their everyday lives.

A Rs 10 lakh gift from a husband invested in mutual funds and shares may attract income clubbing provisions. While gains from the initial investments are generally taxed in the husband's hands, returns on reinvested gains may be taxable to the wife.

Akhilesh Yadav has launched criticism against Yogi Adityanath regarding his remarks on voter revisions in Uttar Pradesh's electoral rolls. Yadav questioned the legitimacy of the missing Hindu voters and highlighted concerns about changes in the rolls. Adityanath's claim of an '80:20' voter split has also been challenged by Yadav, indicating a potential political struggle ahead. The upcoming elections in Uttar Pradesh are drawing near, with significant implications for both parties.

US President Donald Trump revealed he issued a serious threat to an unnamed AI executive regarding security issues. After receiving intelligence about risk from an AI firm, he intervened directly with a warning of imminent arrest. Trump emphasized the need for American technological dominance in the face of competition from China and expressed a willingness to work with Democrats on regulations.

Samir Arora-backed Helios Mid Cap Fund added three new stocks and increased exposure to 18 others in October. The fund completely exited Park Medi World, while its highest sectoral allocation remained in finance at 16.22%.

Pranab Mukherjee hinted at his aspiration to become prime minister during a conversation with Sonia Gandhi in 2010. Sonia Gandhi's memoir reveals their discussion about a potential change in leadership at that time. She recounts how Mukherjee's frustrations with the Finance Minister led him to suggest this change. Gandhi also dismisses allegations of her being a back-seat driver during the UPA government.

'We'll fight tooth and nail': House speaker Mike Johnson vows fight to win back Congress