The Economic Times

Ness Wadia agrees with Juhi Chawla's suggestion of starting the IPL in January, stressing that it is reliant on the cricketing schedule worldwide. He believes that an earlier start could ease challenges posed by heat and rain in typical months. While he appreciates the idea, he cautioned against adding more teams at this point. Wadia emphasized the IPL's potential for growth, noting its relative youth among international leagues.

Union Minister K Rammohan Naidu emphasised India's economic growth during the 31st CII Partnership Summit in Visakhapatnam. He attributed this growth to the leadership of Prime Minister Narendra Modi, coining the term 'Modinomics'. Naidu highlighted the transformation in global economic landscapes and emphasized India's potential with its young population and innovation capabilities. He mentioned the civil aviation ministry's extension of the UDAAN scheme aimed at enhancing connectivity.

An abandoned Parisian apartment reveals an extraordinary artistic treasure: a long-lost bronze sculpture by French sculptor Camille Claudel, discovered after 15 years of neglect. Titled The Age of Maturity, the sculpture reflects themes of love, loss and personal struggle, possibly drawing inspiration from Claudels relationship with Auguste Rodin. Authenticated by experts, the masterpiece sold for 3.1 million, highlighting Claudels growing recognition and the renewed appreciation of her artistic

India's central bank is working on new rules to prevent private equity firms from holding controlling stakes in multiple non-bank lenders. The proposal aims to mitigate potential financial risks stemming from global private equity firms' investments. While larger stakes will attract greater scrutiny, smaller investments are encouraged to support growth in the financial sector. Recent data shows significant foreign investment in non-bank lenders, highlighting strong demand for credit.

India's product landscape is rapidly transforming, driven by innovative solutions and upgraded offerings that cater to consumer demands. The ET Product of the Year Awards 2026 aims to shine a spotlight on products that have significantly impacted the market, emphasizing their success, user adoption, and overall customer value. Businesses are invited to submit nominations for products that debuted or evolved during the designated period to celebrate their accomplishments.

The ET HR Excellence Awards 2027 celebrate the transformative efforts of organizations and HR leaders making a significant impact in workplace culture. These prestigious awards shine a light on initiatives that enrich employee experiences and show real business results. Now is the time to submit nominations and share your stories of success in the dynamic world of HR.

India's Godrej Industries on Thursday said Temasek Holdings will invest 25 billion rupees ($266.98 million) through its affiliate, in Godrej Capital, valuing the financial services business at up to 280 billion rupees.The Singapore state-owned investment firm will retain about 80% ownership following the deal.

Indian banks are projected to benefit from a rising interest rate cycle and favorable loan mix in upcoming quarters. Earnings growth is anticipated to be supported by an increase in net interest income and lower provisions. Private banks are expected to lead in earnings increases compared to public sector banks, reflecting varied growth rates.

The National Investigation Agency is probing the online radicalisation of Indian youths linked to terrorist activities. This stems from a case registered by the Uttar Pradesh Anti-Terrorist Squad in April. Eight accused have been identified, including Shahzad Bhatti, who is associated with the ISI. The investigation revealed plans for major disruptive acts by Pakistani sleeper cells in India. Authorities aim to disrupt these operations to maintain internal peace and harmony.

Five stocks in the Nifty500 with a change of more than 5% appeared on the White Marubozu bullish scanner, according to StockEdges technical scan data.

In November, foreign institutional investors unexpectedly shifted to become net buyers of Indian equities, indicating a noteworthy change in market dynamics. Jefferies has pinpointed 11 stocks poised to gain from this influx, including heavyweights like Reliance Industries, HDFC Bank, and Axis Bank, which previously faced notable outflows. With positive macroeconomic signals and attractive valuations, this trend could very well continue driving share prices upward.

Anthropic is gearing up for its highly anticipated IPO, aiming to raise as much as $64.4 billion with share prices ranging from $70 to $78. The company is targeting inclusion in major indexes soon after its debut, which is expected to boost passive investments. Similar to SpaceX's market entry, analysts forecast significant initial share price surges, with employees permitted to sell some of their shares on the opening day.

Five Nifty500 stocks that gained over 4.5% on November 11 featured in StockEdges RSI Trending Up scan, with their Relative Strength Index (RSI) crossing above 50 from below, signalling strengthening price momentum.

Six Nifty500 stocks closed more than 1.5% above their respective volume-weighted average prices on November 11, according to StockEdges technical scan, indicating positive price action during the session.

Tata Power achieved a 33% year-on-year increase in net profit for the second quarter of FY27. Revenue also rose by 26% year-on-year to 19,886 crore during this period. Brokerages maintained their 'Buy' ratings while adjusting their target prices based on the latest performance figures. The company's EBITDA saw a modest growth of 5% year-on-year to 4,245 crore. Overall, Tata Power's market capitalisation exceeds 1.

Five Nifty500 stocks gained over 5% and closed above their respective 200-day moving averages on November 11, according to StockEdges technical scan, signalling a potential shift in their long-term price trends.