The Economic Times

Sonia Gandhi emphasizes that neither she nor Rahul received any benefits from the National Herald revival. She describes the emotional impact of political attacks on Rahul by the BJP and highlights his resilience. Despite facing numerous politically motivated legal cases, Rahul remains focused and committed to his work. Sonia narrates the revival process of National Herald and explains the legal challenges they faced.

US agencies believe that Alice Huang was a Megaspeed executive and a Chinese spy. She was assigned the role to feed information back to China. Alice was allegedly given the role of developing a close relationship with Jensen, and gathering information about Nvidia. It was reported that China wanted information about Nvidia's advanced AI chips and business strategy.

Nvidia stock is rebounding on Wednesday, November 11, as investors step in after two consecutive sessions of losses linked to the controversy surrounding CEO Jensen Huang. Shares closed Tuesday at $168.89, down 5.47%. But the stock recovered to $175.45 in extended-hours trading by 6:49 a.m. ET, gaining 3.88%. The recovery comes as Nvidia prepares to release its quarterly results on November 17.

Futures for the S&P 500 and Nasdaq 100 have shown gains following CoreWeave's impressive earnings announcement. Investors reacted positively as CoreWeave predicts profitability by the first half of 2028. Nvidia's shares rebounded after a significant drop attributed to CEO Jensen Huang's controversies. Meanwhile, inflation data has increased expectations of interest rate hikes from the US Federal Reserve. The bond market remained closed for the Veterans Day holiday, impacting trading.

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 pound fell against the dollar following strong US inflation data and comments from Federal Reserve officials. Despite recent hawkish expectations supporting the pound, crude oil prices are rising, which could be unfavorable. Britain's gross domestic product data is due soon, with growth expectations for the third quarter. Analysts remain skeptical about the Bank of England achieving inflation targets before 2030.

The pound fell against the dollar following strong US inflation data and comments from Federal Reserve officials. Despite recent hawkish expectations supporting the pound, crude oil prices are rising, which could be unfavorable. Britain's gross domestic product data is due soon, with growth expectations for the third quarter. Analysts remain skeptical about the Bank of England achieving inflation targets before 2030.

The Indian Navy has launched the Sea Vigil-26 exercise to assess India's coastal defense preparedness. Scheduled from November 11 to 19, this exercise will cover the entire coastline and Exclusive Economic Zone. It involves multiple agencies, including the Coast Guard and local communities, to enhance maritime security. This exercise is crucial for identifying gaps and improving coordination among various security forces.

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 US agencies believe that Alice Huang was a Megaspeed executive and a Chinese spy. She was assigned the role to feed the information back to China. Megaspeed is a Singapore-based AI infrastructure company. According to reports, it had purchased $4.8 billion in Nvidia chips over the last two years.

Three seafarers from India working on a Saudi Arabia-flagged oil tanker are safe following an attack against the ship in the Strait of Hormuz, according to Union Minister of State for Ports, Shipping, Waterways and Fisheries, Sarbananda Sonowal.The ship that was identified as NCC FAJR was said to be part of the alleged attack while sailing through the strategic water passage.In his post on the social media platform X, Sonowal said that the government has been continuously keeping in touch with t

In the first nine months of 2026, a notable drop in land acquisition activities by Indian real estate firms has been observed. Anarock attributes this decline to developers adopting a cautious strategy, influenced by rising costs and emphasized selectivity in land purchases. Notably, joint development agreements with landowners represented 25% of all deals, hinting at a stronger focus on project feasibility and connectivity.

On Wednesday, the Indian rupee gained strength against the dollar, reaching its highest point since April. This improvement was influenced by foreign investments in local stocks and upbeat sentiment in the non-deliverable forward market. Although inflation concerns in the US led to a stronger dollar, traders remained focused on foreign portfolio investments in Indian equities.

Veterans Day 2026: Is the stock market open today? NYSE, Nasdaq, banks and bond market holiday schedule. The US stock market will remain open on Wednesday, November 11, even as banks, federal offices and the bond market observe Veterans Day. The NYSE and Nasdaq will follow their regular trading schedules.

The European Commission is proposing a new Digital Fairness Act aimed at enhancing consumer rights. This legislation will impose fines on companies engaging in unfair practices such as deceptive advertising targeted at children. It seeks to ban dark patterns and other misleading digital strategies that cost consumers significantly. Companies will need to comply with these new rules to avoid substantial penalties.

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 we

Shyam Prakash Pal articulates the importance of fostering consumer brands within the rapidly changing digital landscape. He underscores the necessity of creativity, discipline, and collaborative effort in both professional and personal health. For effective leadership, maintaining physical health and mental clarity is paramount. Pal advocates for establishing consistent wellness practices, positioning health as integral to achieving long-lasting success in the business realm.

The Chief Electoral Officer issued an order prohibiting political dharnas and protests in Leh and Kargil. This order is effective until the local municipal elections conclude. The measure aims to maintain a peaceful electoral process during upcoming elections scheduled for November 11 and December 4. Political parties and candidates are instructed to comply with the Model Code of Conduct strictly.

While the Nifty 50 has rallied nearly 11% in a month, several midcap stocks have outperformed the broader index. Here are 12 midcap stocks that have surged between 15% and 30% during this period, according to ACE Equity data.

On Wednesday, the Indian rupee surged to its healthiest value since April, closing at 93.69 against the dollar. This upswing was driven by a remarkable influx of foreign investments in local stocks, totaling nearly $6 billion in November. Even in light of a stronger dollar amid US inflation signals, the rupee stood firm. There's a notable optimistic shift in market sentiment, now eager for India's inflation data anticipated for October.

Iranian security chief Mohsen Rezaei stated that no enriched nuclear material will be allowed to leave the country. He emphasized that new US strikes would result in retaliation against US bases abroad. The Iranian Supreme Leader has mandated that uranium should not be sent outside of the country. Ongoing tensions have led to no current negotiations between Washington and Tehran.

Finances are a cornerstone of marriage, shaping both relationships and futures. At the ET Wealth Expo 2026, specialists emphasized the necessity of balanced fiscal strategies in partnerships, the dangers of income tax clubbing, and the importance of wills.

Manchester United has opened talks with Mauricio Pochettino regarding the managerial position currently held by Michael Carrick. Carrick's management has faced scrutiny due to the club's poor start in the season. The team is currently in the relegation zone after a series of winless matches. A decision regarding Carricks future is expected to be made soon by the club's executives.

Investment choices for senior citizens can include the Senior Citizens Savings Scheme and the Post Office Monthly Income Scheme. Notably, SCSS boasts an attractive interest rate of 8.2%, while MIS offers 7.4%. If you invest Rs 15 lakh in SCSS, you'd accumulate Rs 6.15 lakh in interest over five years, compared to Rs 5.55 lakh through MIS. This difference highlights an additional earnings potential of Rs 60,000 through SCSS.

UN Secretary-General Antonio Guterres addressed world leaders at the COP31 summit in Turkey regarding climate change action. He warned that the slow international response threatens the planet's future and urged countries to implement clean energy solutions. Negotiators from nearly 200 nations are currently seeking agreement on enhancing electricity's role in global energy consumption. The summit occurs amid significant geopolitical challenges and alarming climate data highlighting increasing gl

Debt mutual funds staged a sharp turnaround in October, recording net inflows of Rs 1.13 lakh crore after heavy outflows in September. Liquid and overnight funds accounted for the bulk of the inflows, reflecting a seasonal reversal of quarter-end withdrawals. However, the recovery remained uneven, with several duration-oriented categories continuing to witness outflows.

Five tea industry associations have welcomed the government committee's recommendation for a minimum sustainable price for tea. This recommendation aims to address rising production costs that are exceeding the prices received by producers. The proposed benchmark price is linked to wage movements and consumer price indices, which will be reviewed periodically. Producers believe this pricing mechanism will help absorb wage increases and support investment in tea production.

A terrorist assault in Kulgam district left three personnel of the CRPF wounded as unidentified attackers fired upon them while on a motorcycle at approximately 2:15 PM on Wednesday. The injured have been rushed to Anantnag hospital for treatment. Security forces are actively pursuing leads in their investigation to bring the culprits to justice.

Idemitsu Kosan has raised its profit forecast for fiscal 2026 to 295 billion yen due to strong performance. The company's net profit for the first half of the fiscal year exceeded expectations, reaching 322.4 billion yen. Idemitsu aims to increase its crude oil sourcing from the Middle East following improvements in shipping. Moreover, the Nghi Son Refinery in Vietnam is projected to be profitable in fiscal 2026.

The Ministry of Defence executed a contract worth Rs 498.58 crore for the refit and upgrade of INS Betwa. This project replaces the frigate's steam propulsion with a modern diesel-engine system and enhances its combat systems. The refit aims to improve operational effectiveness while promoting indigenous capabilities in naval repairs. More than 50 micro, small, and medium enterprises will be involved in the initiative.