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The Times of India

Business / The Times of India

Nvidia shares plunge 8% amid probe into CEO Huang's affair with 'Chinese spy'

Nvidia said an independent committee of its directors would supervise the investigation, with assistance from external independent legal counsel. It was reported last month that Alice Huang, a Chinese citizen, had developed a close relationship with the Nvidia chief and allegedly passed information directly to Beijing.

9 Nov 2026 8:08 pm
Your meal cost is set to rise: Eggs and chicken prices may rise 25-30% by December

Wholesale egg prices, currently hovering at Rs 6-7 per egg, are projected to climb to Rs 7-8 by December. The wholesale rate of dressed chicken without skin is also expected to rise from the current Rs 225-250 per kg to Rs 260-275 per kg over the same period, according to senior industry executives.

9 Nov 2026 8:06 pm
Smriti Mandhana to lead India across all three formats on South Africa tour

Smriti Mandhana will captain India across all three formats on their December tour of South Africa, featuring one Test, three ODIs and three T20Is. Deepti Sharma will be vice-captain in Tests and ODIs, while Shafali Verma will deputise in T20Is. Vaishnavi Sharma replaces Sneh Rana in the ODI squad, while three young players feature in T20Is.

9 Nov 2026 7:55 pm
Woman finds locker surrendered despite rent payments; bank told to pay Rs 47 lakh

The commission found that the bank had failed to produce records establishing that the locker had been properly surrendered or that its contents had been returned. It rejected the banks claim that the locker had been surrendered several years ago, noting that locker rent continued to be debited even years later.

9 Nov 2026 7:07 pm
Global food prices fall in October: Why wheat, dairy and meat are getting cheaper

In October, global food prices saw a decline, largely influenced by falling prices in the dairy, cereal, and meat categories. The FAO Cereal Price Index noted a substantial drop, attributed to positive production forecasts and weaker demand. Conversely, sugar prices escalated due to adverse weather affecting Brazil's sugarcane. Meanwhile, vegetable oil prices rose slightly amid unstable oil market trends.

9 Nov 2026 2:02 pm
Nifty50 to hit 28,000 in 2027? 3 factors that could drive Dalal street's next run

Dalal Street is experiencing a remarkable surge, leading to a revised Nifty 50 target of 28,000 points by 2027. This positive shift is driven by optimistic earnings projections and lower crude oil prices. Additionally, recent inflows from foreign portfolio investors have strengthened market confidence, while expectations of reduced capital spending in artificial intelligence add to this growth narrative. Overall, Indian equities seem poised for a robust economic future.

9 Nov 2026 11:49 am
Brent crude falls over $1 as Trump signals fresh US strikes on Iran are unlikely

On Monday, oil prices experienced a downturn following Donald Trump's remarks about military options regarding Iran. He suggested that if negotiations were successful, further military action would likely be avoided. Despite this, concerns linger about potential shipping disruptions in the Strait of Hormuz, which continue to threaten global crude supply chains.

9 Nov 2026 7:14 am
Sensex, Nifty start Samvat 2083 in red: What's the outlook till next Diwali?

Samvat 2083 outlook: The volatile Muhurat trading session comes after a record seven-day rally by the indices which saw BSE Sensex and Nifty50 rise over 10%. The gains over the preceding seven consecutive sessions had lifted the Sensex by 7,781.99 points, or 10.62%, and the Nifty by 2,331.5 points, or 10.27%.

8 Nov 2026 7:42 pm
Kiren Rijiju Visits Historic Floating Mosque In Jeddah

Union Minister Kiren Rijiju visits the historic Al Rahmah Mosque, popularly known as the Floating Mosque, along the Red Sea coastline in Jeddah, Saudi Arabia.

8 Nov 2026 1:26 pm
Netcore Founder Rajesh Jain Shares The Story Behind IndiaWorld's 500 Crore Acquisition

When should a startup founder sell their business? Netcore founder Rajesh Jain shares lessons from the sale of IndiaWorld to Satyam Infoway in 1999, reflecting on one of the defining moments of his entrepreneurial journey. Jain discusses how IndiaWorld grew during the early days of India's internet industry, the rapid rise in technology company valuations and the difficult decisions founders face when considering an exit. He also reflects on how dramatically market conditions changed as the dot-

8 Nov 2026 1:25 pm
Gold, Muhurat trading & big business: The economics of Diwali and how they've changed

Diwali presents a vital chance for Indian families to reassess their financial strategies and explore new investment avenues. While traditional customs like gold purchases prevail, there is also a surge in modern investment tools such as mutual funds and stocks. Additionally, this festival signals a fresh business year for myriad traders, emphasizing consumer spending trends and financial priorities.

8 Nov 2026 12:58 pm
Indian Oil plans to buy its own oil, LPG ships as freight costs surge 4 times

To bolster its shipping logistics, Indian Oil Corporation is planning to acquire its own carriers and is looking into shipbuilding ventures within India as part of the Make in India initiative. The rise in geopolitical tensions has led to higher shipping costs, necessitating these strategic changes. IOC has also diversified its crude sourcing to minimize supply disruptions and leverage market opportunities, successfully reporting significant earnings in the last quarter.

8 Nov 2026 12:56 pm
Iran Fires Waves Of Interceptor Missiles At Us Aircraft; IRGC Denies Damage On Qeshm Island

Iran has intensified its military activity around the Strait of Hormuz, with reports of multiple waves of missile and drone launches from its southern coast. The developments follow reports of explosions on Qeshm Island, which Tehran has denied was struck by US forces. Iranian media say the explosions were linked to military activity in the strategic waterway. Reports also suggest Iranian forces launched interceptor missiles towards American aircraft and missiles and drones towards vessels accus

8 Nov 2026 12:25 pm
Gold, silver price outlook: US-Iran tensions, inflation data to set the tone next week

Gold and silver prices saw a rise this week in both domestic and international markets after experiencing significant volatility. Investors are now keenly awaiting inflation figures from key global economies to gauge interest rate trends. Furthermore, the ongoing US-Iran tensions may also sway bullion values in the coming week. With Diwali festivities approaching in India, market fluctuations could intensify.

8 Nov 2026 12:10 pm
Rajat Patidar withdraws from India A squad, BCCI names replacement

Rajat Patidar has exited India's squad for the forthcoming ACC Rising Stars Asia Cup due to an injury setback. In his place, the BCCI has appointed Ayush Badoni. Rinku Singh will serve as the vice-captain alongside Captain Tilak Varma in a competitive Group B that includes the United Arab Emirates, Nepal, and Pakistan A.

8 Nov 2026 12:05 pm
Meta strategy chief quits to join four-year-old AI startup, says its right mission

Dave Wehner has made waves by leaving Meta to become the chief financial officer at Fireworks, an innovative AI startup. He conveyed enthusiasm for Fireworks' vision and growth potential in the AI sphere. Known for its specialized AI model-training services, Fireworks is gearing up for significant expansion, and Wehner's expertise from Meta is anticipated to guide this journey.

8 Nov 2026 10:55 am
Sam Altman may have just revealed why smartest people at OpenAI quit

In a recent discussion, Sam Altman highlighted the exodus of pivotal researchers from OpenAI, attributing it to challenges in trust and disagreements on AI's development direction. He emphasized that growing concerns about power concentration in tech firms exacerbated the situation. His own brief ousting as CEO showcased the organization's governance difficulties, although he later made a comeback in leadership amid a reshuffling in executive roles.

8 Nov 2026 9:25 am
Airlines bet on premium travel as rising fuel costs squeeze profits

Airlines are enhancing premium services amid rising demand for more comfortable travel experiences. The introduction of new premium seating options aims to attract a larger share of passengers. Airlines like American Airlines and Delta Air Lines have reported significant increases in premium revenue. Investments are being made in upgraded airport lounges and improved meal offerings for passengers.

8 Nov 2026 9:16 am
Multiple Explosions Rock Iran's Qeshm, Jask & Bandar Abbas | Details

Tensions between the United States and Iran are escalating sharply as a fresh wave of explosions rocks multiple locations across Iran, including Qeshm Island, Jask, Sirik and Bandar Abbas. The reported blasts came just hours after the US military carried out what President Donald Trump called a minor strike on Qeshm Island. Iranian media reported multiple explosions, while the source and nature of the latest blasts remain unclear. With the Strait of Hormuz already on edge, fears are mounting ove

8 Nov 2026 8:46 am
Not a long-term solution: Ex-cricketer questions Gautam Gambhirs strategy

Dodda Ganesh has raised eyebrows over India's choice to position Axar Patel at the fifth spot in the batting lineup. He expresses that this approach limits KL Rahul's potential to elevate his batting status. In the second ODI versus New Zealand, India's middle order faced challenges under pressure following early wicket losses.

8 Nov 2026 7:25 am