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Business / The Economic Times

RBI imposes monetary penalty on One Mobikwik Systems

In a release, the central bank said a statutory inspection of the company was conducted by the RBI with reference to its operations for the period from June 2025 to March 2026.

13 Nov 2026 9:36 pm
Cerebras stock jumps 23% on surprise profit, forecast hike, easing AI spending worries

Cerebras Systems experienced a 23% increase in stock prices after announcing adjusted revenue guidance for 2026. The company reported a quarterly profit of $29.82 million, surpassing analysts' expectations of a loss. Cerebras also revealed a significant rise in cloud and services revenue, driven in part by its OpenAI agreement. Additionally, the company has signed a cloud services deal with Microsoft, with more details to come.

13 Nov 2026 9:32 pm
Legal matter, will be dealt with accordingly: MEA on Sheikh Hasina's extradition

Addressing the broader trajectory of India-Bangladesh relations, particularly after the fifth round of the India-Bangladesh Consular Dialogue scheduled in Dhaka for November 17-18 was postponed, Jaiswal emphasised that New Delhi continues to engage with Dhaka across multiple institutional frameworks.

13 Nov 2026 9:08 pm
Got an email offering to fix your Outlook or refund you for the Microsoft outage? Its probably a scam; heres how to spot it

Microsoft's global outage has created an opening for phishing scams. Emails promising to restore Outlook access, verify mailboxes or arrange refunds should be treated with caution. Microsoft 365 was still experiencing disruption on November 13, with recovery incomplete. Users should avoid email links claiming to fix their accounts and check updates through Microsoft's official channels instead.

13 Nov 2026 8:46 pm
Outlook not working? Dont reset your password or reinstall Office as Microsoft 365 outage disrupts emails, experts say it could make things worse

Microsoft outage today: Microsoft 365 outage has disrupted Outlook email access and delayed messages, with problems also affecting Teams and SharePoint. MQTec Managing Director Moneeb Qureshi has warned users against resetting passwords or reinstalling Office, explaining why these fixes may not help while Microsoft's services remain affected.

13 Nov 2026 8:42 pm
Europe, Russia spar over involvement in Ukraine talks

US envoys said Thursday after talks with Russian President Vladimir Putin that Europe would join future negotiations -- but the Kremlin appeared to slam the brakes on that plan, saying no decision had been made.

13 Nov 2026 8:30 pm
US stocks: US market opens higher after soft producer prices data

On Friday morning, US stock indexes surged, opening on a high note after October's producer prices data came in softer than expected.

13 Nov 2026 8:15 pm
Chicago Fed's Goolsbee says on CNBC the Fed needs to guard against demand overheating

Chicago Fed president Austan Goolsbee stated that inflation has moved beyond temporary energy and tariff-related price shocks. He highlighted that increased demand from the AI buildout is pushing prices higher across many sectors including health care and services. Goolsbee emphasized the importance of upcoming inflation data for determining the Fed's rate increase pace. He noted that currently, there is no clear path back to the 2% inflation target.

13 Nov 2026 8:14 pm
US Treasury chief says Fed should not hike rates over energy shock tied to Iran war

During his speech, US Treasury Secretary Scott Bessent advocated for the Federal Reserve to keep an open mind about interest rate adjustments. He pointed out that the current economic indicators could be skewed due to a supply shock from the ongoing conflict in Iran. Despite recent market volatility, Bessent stressed that the US economy remains robust.

13 Nov 2026 8:01 pm
Multiple lenders' involvement delaying loan; spectrum renewal not to hit services: Vodafone Idea CEO

Vodafone Idea is experiencing delays in securing a loan from the SBI-led consortium, affecting its plans. The company's CEO, Abhijit Kishore, mentioned that funds from private and foreign banks are sufficient for current capex. Vodafone Idea is working on plans to upgrade its network by 2027 and enhance competitiveness. Its average revenue per user has shown improvement, although losses have increased due to exceptional items.

13 Nov 2026 7:57 pm
MAN Industries PAT rises to Rs 82 cr in Q2

MAN Industries (India) Ltd has announced a substantial increase in consolidated profit after tax during the September quarter. The company's revenue from operations also saw a notable rise year-on-year, reflecting strong performance. The acquisition of National Pipe Company has positively impacted scale and profitability for the firm. Shipping disruptions in the Strait of Hormuz temporarily affected revenue but shipments are being executed.

13 Nov 2026 7:30 pm
US wholesale inflation eases in October but remains elevated at 6.5%, highest since 2022

Wholesale inflation showed a slight decrease of 0.3% from September to October yet remained significantly elevated. The producer price index rose by 6.5% compared to the previous year, indicating persistent price increases. These inflation trends have affected public sentiment towards the economy, with implications for the recent midterm elections. Federal Reserve officials are likely to increase their key short-term interest rate further to address rising prices.

13 Nov 2026 7:25 pm
US assures India lower tariffs than peers in trade deal

The US has assured India of lower tariffs than those imposed on its trading partners under the proposed trade deal. The first phase of the agreement will cover goods, with services to be negotiated separately in the next phase.

13 Nov 2026 7:17 pm
91 pc of studies in India in last 5 decades linked air pollution to health effects: Analysis

These studies, published between 1975 and 2025, also noted that health impacts extend beyond respiratory diseases to cardiovascular diseases, diabetes, pregnancy complications, impaired child growth, tumours, blood disorders, mental and neurocognitive disorders, among others.

13 Nov 2026 6:52 pm
Russia says Europeans can join Ukraine peace talks if they show 'readiness to contribute'

The Kremlin insists that Europe must show its commitment to the peace process before joining negotiations on Ukraine. Kremlin spokesman Dmitry Peskov stated that Europe has not yet been invited to the talks. While some progress was noted in recent discussions, major breakthroughs remain elusive. Russian officials continue to demand territorial concessions from Ukraine as part of any agreement.

13 Nov 2026 6:47 pm
Out as CEO, but not out of Nvidia: Jensen Huangs family trusts still hold about 800 million shares as NVDA stock crashes 13%

Jensen Huang's Nvidia stake: Jensen Huang is out as Nvidia CEO, but his familys financial ties to the chipmaker remain strong. Trusts co-owned by Huang and his wife hold about 800 million Nvidia shares, worth billions of dollars. His sudden exit has sent NVDA stock down 13%. Its stock was already heading for a sixth straight weekly decline as investors questioned AI spending and the company's growth outlook.

13 Nov 2026 6:45 pm
Godrej Properties buys 31-acre land in Indore for Rs 130 cr to build housing project

Godrej Properties Ltd has successfully purchased a sprawling 31 acres of land in Indore for approximately Rs 130 crore. The company is set to embark on the creation of residential plots, providing an impressive saleable area of around 0.7 million square feet. This project marks the firm's third venture in Indore, reflecting a commitment to addressing the rising demand for thoughtfully designed communities.

13 Nov 2026 6:24 pm
German yields set for biggest weekly rise in two months

As traders ramp up their expectations for European Central Bank interest rate hikes, yields on German government bonds are climbing steadily. This shift follows US inflation figures that were unexpectedly high, disrupting the bond market landscape. Meanwhile, global stock indices are witnessing a downturn, impacting the demand for traditionally safe assets.

13 Nov 2026 6:22 pm
India 10-year bond yield reverses half of last week's drop on elevated inflation

Indian government bonds fell for a third consecutive session, driven by inflation and interest-rate outlook concerns. The benchmark yield increased to 7.3079%, reversing much of last week's gains. Retail inflation in India accelerated, surpassing the Reserve Bank of India's target range, which raises rate hike expectations. In the US, rising Treasury yields and inflation data led to altered rate hike projections.

13 Nov 2026 6:21 pm
How US tech pain is European stock markets' gain

European stock markets, particularly the STOXX 600, are performing well as tech turmoil affects global markets. This relative stability is attributed to Europe's lower exposure to tech giants compared to the US market. Companies in sectors such as energy and financials are supporting earnings growth, which is on track for 25% quarterly profit. Investors remain cautious, noting that broader market selloffs could still impact Europe.

13 Nov 2026 6:19 pm
Alice Huang made 10 trips to the US since 2017: What border records reveal about the alleged Chinese spys movements

Alice Huang travelled to the US 10 times between 2017 and 2025. Her background in journalism and finance, reported association with former Nvidia CEO Jensen Huang and role at Megaspeed International have drawn attention amid allegations of Chinese espionage involving the chipmaker.

13 Nov 2026 6:09 pm
Razorpay, Sembcorp Green Infra get Sebi nod to float IPOs

Razorpay Software Ltd and Sembcorp Green Infra recently received approval from Sebi for their initial public offerings, marking a major milestone in their growth journeys. Razorpay aims to secure Rs 5,000-6,000 crore to enhance its financial services platform, while Sembcorp Green Infra plans to raise Rs 3,750 crore to bolster its renewable energy initiatives.

13 Nov 2026 5:54 pm
Glare falls on booming gold loan business

India's gold loan market is expanding at an extraordinary pace, but the near doubling of delinquencies between March and August 2026 may have just indicated that some major stress could be building beneath the surface.While the proportion of seriously overdue loans remains relatively small, warnings from credit bureau TransUnion Cibil and lenders such as Bajaj Finance and Piramal Finance have given a worrying sign -- that some borrowers may be using fresh loans against gold to manage existing de

13 Nov 2026 5:48 pm
SpiceJet board to meet on November 18 to consider fresh capital raising proposal

The development comes as the budget carrier continues to face significant financial and operational challenges, which have led to a reduction in its flight operations.

13 Nov 2026 5:48 pm
Sunil Mittal says India must hold satellite 'Kill Switch', warns against dependence on single provider

Sunil Bharti Mittal advocates for India to independently manage its satellite communications infrastructure for national security. He highlights the various satellite operators, including Elon Musk's Starlink and Eutelsat OneWeb, competing for market access. Mittal argues that India should not rely solely on foreign providers for critical communications.

13 Nov 2026 5:47 pm
Blue Jet weighs Rs 500 cr Andhra Pradesh plan

Blue Jet Healthcare is evaluating the acquisition of around 50 acres of land in Andhra Pradesh for setting up an active pharmaceutical ingredient (API) manufacturing facility, with a proposed investment of Rs 5 billion (Rs 500 crore).The company has entered into a memorandum of understanding (MoU) with the Andhra Pradesh Economic Development Board for the proposed project. The land acquisition is currently under evaluation, and the facility is expected to strengthen the company's manufacturing c

13 Nov 2026 5:21 pm
Mutlibaggers: 7 stocks held by 100+ MF schemes in October rally up to 300% in FY27

An ETMarkets analysis identified seven stocks held by over 100 mutual fund schemes that have more than doubled in FY27 so far. Sterlite Technologies led with 303% gains, followed by Welspun Corp, Ather Energy and Laurus Labs.

13 Nov 2026 5:05 pm
Jagatjit Industries Q2 net loss narrows to Rs 4 cr, revenue rises 90%

Jagatjit Industries Ltd has reported a net loss of Rs 3.96 crore for the second quarter of FY27, significantly improving from Rs 27.91 crore lost during the same period last year. Total income surged to Rs 195.43 crore, up from Rs 103.11 crore. In the first half of FY27, the company posted an overall net loss of Rs 12.23 crore, a decrease from Rs 37.81 crore.

13 Nov 2026 5:01 pm
Government clarifies eligibility criteria for family pension: Explains who gets pension first if employee or pensioner dies

Family pension eligibility is prioritized based on legal marriage and childrens status after a central government employee's death. Spouses, children, and in certain cases, adopted or stepchildren, may receive the pension under specified conditions.

13 Nov 2026 4:21 pm
Gambhir concerned over India's batting collapse ahead of 2027 World Cup

India suffered a significant defeat against New Zealand, getting bowled out for just 89 runs. Head coach Gautam Gambhir expressed his concerns about the team's batting performance in challenging conditions. The team also struggled in a previous match, indicating a pattern of batting collapses. Gambhir emphasized the need for both technical and mental preparedness against the New Zealand pace attack.

13 Nov 2026 4:06 pm
Indias fuel demand to keep climbing until 2034 despite EV boom

By 2034, India's road fuel demand is projected to exceed 2.5 million barrels per day, fueled by a rise in vehicle numbers and a surge in commercial transportation. While electric vehicles are expected to gain popularity, particularly in the two-wheeler and three-wheeler markets, a robust charging infrastructure investment of around $29 billion will be crucial by 2040.

13 Nov 2026 3:55 pm
Indian rupee snaps rising streak on hawkish Fed, oil rise

In the past week, the Indian rupee faced downward pressure due to escalating oil prices. Although foreign investments offered some relief, they were insufficient to trigger a notable rebound. The Reserve Bank of India is expected to step in to boost forex reserves when the rupee shows strength. Furthermore, India's trade deficit in merchandise hit a yearly peak, compounding the rupee's challenges.

13 Nov 2026 3:41 pm
Ranbir Kapoor's Ramayana beats Dhurandhar and Baahubali 2's record, becomes third-fastest Indian movie to cross Rs 1,000 crore

Ranbir Kapoor's Ramayana has crossed Rs 1,000 crore worldwide within eight days, becoming the 11th Indian film to achieve the milestone and the third-fastest to do so. Directed by Nitesh Tiwari, the mythological epic has also made history in the UK and Ireland, becoming the first Indian film to debut at No. 1.

13 Nov 2026 3:17 pm
World's largest museum coming in India: Yuge Yugeen Bharat Museum bigger than Louvre in Paris and British Museum in London combined to open in Delhi; check opening date

Cabinet has cleared the Rs 3,230 crore Yuge Yugeen Bharat Museum in Delhi, said to be the worlds largest by display area. Its 19.2 lakh sq ft built-up area is bigger than the Palace Museum but smaller than the Hermitage. It will hold 1.8 million objects and open in phases.

13 Nov 2026 3:06 pm