The Economic Times

Anthropic IPO: Amazon has invested at least $13 billion in Anthropic and in April agreed to invest up to an additional $20 billion. Google has committed up to $40 billion to Anthropic, including an initial $10 billion investment announced in April.

The Central Pollution Control Board clarified the differences in Air Quality Index readings from private applications and its platform. It emphasized that the variations stem from differing measurement methodologies rather than under-reporting. The CPCB noted that during extreme episodes, data gaps may appear due to calibration limits of monitoring instruments. Since 2015, improvements in monitoring technology have been ongoing to enhance air quality reporting.

GTA 6 will aim to run at 30 FPS on all consoles like PS5, PS5 Pro and Xbox Series X & S. Rockstar Games have confirmed that GTA 6 will run at 30 FPS due to high CPU demands in the open world simulation in Leonida. The PS5 Pro will also have some extra ray tracing features and PSSR upscaling.

A US delegation engaged with Indian Commerce Ministry officials to enhance bilateral trade and customs procedures. The discussions took place on November 2-3 and focused on trade facilitation frameworks. Ongoing negotiations are related to the proposed Bilateral Trade Agreement aimed at improving market access. Both nations are close to finalizing an interim trade agreement, with few issues left to resolve.

A proposed rule issued by the US Department of Agriculture would curb automatic eligibility for Supplemental Nutrition Assistance Program benefits, also known as food stamps, for households receiving cash aid under the Temporary Assistance for Needy Families Program.

India's Ministry of External Affairs has rejected a lawsuit against its officials filed by Sikh separatist Gurpatwant Singh Pannun. The US court allowed Pannun to pursue service of summons on Indian officials through local courts. Pannun's claims involve alleged assassination plots that remain unproven in civil proceedings. Indian officials firmly deny involvement in these allegations and emphasize legal document protocols.

Iran's Revolutionary Guards have reported that two oil tankers caught fire in the Strait of Hormuz. The vessels were allegedly traveling along unauthorized routes when the incidents occurred. This action follows significant restrictions imposed on maritime traffic in the region amid ongoing conflicts. Additionally, the US has implemented a naval blockade in response to these developments. Tensions remain high as these incidents threaten global oil transportation routes.

Violent incidents occurred across Bangladesh, resulting in one death and multiple vehicles set ablaze overnight. Police reported that activists of the banned Awami League and its affiliates initiated crude bomb explosions at various locations. Tensions have risen after news surfaced about Sheikh Hasina's possible return to Bangladesh next month from India. Hasina, living in exile since August 2024, faces serious legal charges upon her potential return.

Indian households are saving more than ever. The bigger question now is whether money kept accessible in a savings account can also earn meaningful value while it waits to be used.

With UPI resetting customer expectations, the real differentiator in digital banking is no longer having an app, but how seamlessly it brings payments, savings, investments and credit together in one place.

The Adani Group is poised to infuse over $120 billion into capital projects within the next five years, predominantly channeling funds into the energy sector, transport, and logistics. With about 70% allocated to energy, and 20% to transport and logistics, this substantial investment aims to double the group's asset base and generate core earnings ranging from 2.6 to 3 trillion rupees.

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.

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.

Maharashtra Chief Minister Devendra Fadnavis stated that only Sharad Pawar and Sunetra Pawar could clarify any merger plans. He noted that neither had informed the BJP about a potential merger of the two NCP factions. Fadnavis compared Sunetra Pawars leadership to that of her late husband, Ajit Pawar, declaring it unfair. He expressed confidence in river-linking projects helping eliminate drought in Maharashtra over time.

Naveen Kumar's mother, V. Pandiselvi, has not heard from her son for over six months. Kumar and five other crew members disappeared while onboard Iran-linked cargo vessels in May. Families face emotional turmoil and financial stress amid the ongoing conflict affecting shipping routes. The Indian recruitment agency has failed to provide information about sailors repatriation or safety.

California's rejection of Proposition 40 marks a pivotal moment in the state's political landscape, as voters dismissed a billionaire tax intended to fund healthcare and education initiatives. With significant financial backing from figures like Sergey Brin, who contributed over $100 million against the measure, the campaign highlighted a stark divide between younger supporters and older opponents worried about economic instability.

A fascinating discovery at the British Museum includes a lump of soil, wood, and metal that holds a Celtic brooch from the eighth or ninth century. This ancient jewelry is linked to Viking burial traditions. Following their raids, Vikings astutely transformed sacred church artifacts into symbols of status, indicating a timeline of activity in Britain that may precede prior assumptions.

US, Ukrainian, and European officials convened to strategize ahead of US-brokered negotiations in Abu Dhabi. The discussions focused on the war's conclusion and future security arrangements in Europe. Participants considered enhancing existing European security institutions after the conflict ends. A primary concern is to address post-war security needs and mitigate future conflict risks. Coordination efforts aim for a sustainable and lasting peace in the region.

Pankaj Chaudhary, the BJP president of Uttar Pradesh, has criticised Akhilesh Yadav's planned visit to the Ram temple. Chaudhary urged Yadav to visit and apologise for past incidents involving kar sevaks on December 6. This criticism is part of the BJP's broader strategy ahead of the upcoming 2027 UP polls. Akhilesh Yadav has previously raised concerns over alleged donation irregularities at the Ram temple.

The Economic Times HR Excellence Awards 2027 shine a light on exemplary HR practices within various organizations, teams, and leaders. Encompassing 42 categories, the awards highlight significant accomplishments in realms like HR transformation, talent acquisition, employee experience, and workplace culture, showcasing how effective people strategies can directly enhance business performance.

Shashank Shekhar Jha resigned from his position as CEO of Artson Engineering to explore new career opportunities. He reflected on his four-year leadership as one of the most rewarding experiences of his career. Jha expressed gratitude to his team and assured a smooth transition during the notice period. Artson Engineering Ltd experienced a drop in share price following the announcement of his resignation.

For a decade, the task in Indias merchant payments was to get every shop and website to accept digital money. The value, leaders argued, at GFF 2026, is now moving to identity, risk, credit and growth, and to preparing the checkout for AI agents that may soon shop on consumers behalf.

At GFF 2026, PRISM founder Ritesh Agarwal and Adyens Chief Commercial Officer Roelant Prins discussed why, for merchants such as small hotel owners, how quickly money arrives now matters as much as whether a payment is accepted, and why AI is changing back offices faster than it is changing how people buy.

The ET Product of the Year Awards 2026 showcase India's rapidly growing product ecosystem by honoring groundbreaking innovations across diverse sectors such as enterprise technology, financial services, and consumer markets. These awards place emphasis on products that have made a significant market impact, gained customer adoption, and demonstrated exceptional innovation, motivating companies to present their tangible successes and contributions to the industry.

Mahanadi Coalfields is gearing up for a potential $1 billion IPO that could value Coal India's subsidiary at up to $10 billion. With Sebi clearance secured and investor meetings underway, the offering could be among India's biggest public issues. Here's what investors should know about the company's operations, financial performance, IPO structure, key customers and growth prospects.

China's trade surplus has surpassed USD 1 trillion for the second consecutive year as exports continue to rise significantly. Imports increased sharply in October, contributing to a narrowing of the monthly surplus. The trade situation presents challenges as domestic demand remains sluggish while foreign competition intensifies. Trade discussions are anticipated between the leaders of the US and China amid ongoing global trade tensions.

October exports were the highest since February when the war started and were up from September's corresponding tally of 23 vessels exiting the strait, the data showed.

India's corporate landscape is witnessing a surge in family disputes that threaten the very foundation of long-established businesses. Following the exit or passing of key patriarchs, internal discord often erupts, underscoring the critical requirement for legislative mechanisms that favour transparent succession planning.

The president called Huang, whose computer chips have helped to launch the artificial intelligence revolution, a very honorable man. The president said he had spoken with Huang.

Emissions from the burning of oil, gas and coal -- the main drivers of climate change -- rose by 0.9 percent per year on average in the past decade, hitting a record high in 2025, according to the Global Carbon Budget report.

Trump added that Iran has been decapitated but said he is still looking to make sure there's a long-term solution to ensuring that Iran's nuclear programme is defanged.

Claude Fable 5.2 targets coding, reasoning and AI agent tasks, while Claude Mythos 5.2 targets approved cybersecurity and life-sciences research applications.

Nvidias investigation into an alleged foreign intelligence effort involving CEO Jensen Huang has raised fresh questions about the companys leadership future. With no publicly identified successor and around 60 executives reporting directly to Huang, investors are facing the possibility that the chipmaker may struggle to replace its most influential leader.

The Reserve Bank of India has extended the supersession of the Board of Directors of Abhyudaya Co-operative Bank. This extension will be effective until November 24, 2025, continuing a period of oversight. The RBI aims to address governance standards that raised material concerns regarding the bank's operations. Satya Prakash Pathak remains the Administrator, overseeing the bank's management during this time.

Mars and Jupiter converge in the eastern sky before sunrise on November 15 and appear especially close the following morning.Both events are visible without a telescope, but they call for different viewing times.

Sebi has granted approval for initial public offerings from six companies across various sectors. Companies like Mahanadi Coalfields and Sagar Defence Engineering are set to enter the stock market soon. The IPOs include both offers for sale and fresh issue components to raise significant funds. These approvals come amid increasing investor interest in diverse industries such as defence and pharmaceuticals.

Joe Bidens memoir sharply criticizes Donald Trump for his role in the January 6 Capitol insurrection. Biden argues that Trump's actions have significantly harmed American institutions and societal coherence. During his presidency, Biden faced multiple challenges including the COVID-19 pandemic and economic instability. He reflects on a unique meeting with Trump that raised concerns about Trump's approach to governance.

Protests took place in Kolhapur as dairy farmers opposed the state's decision to grant voting rights to nominated directors. The ruling Mahayuti's strength would increase on the cooperative's 25-member board, shifting the power balance. Dairy farmers marched to the district collectorate carrying cattle to voice their opposition. The Rajarshi Shahu Shetkari Samvichari Aghadi has challenged this ordinance in court, seeking its annulment.

Samsung Electronics and SK hynix could experience greater export compliance challenges due to Nvidia's scrutiny over AI chips. US authorities have not announced new regulations yet, but potential measures might emerge. Chief Executive Jensen Huang's personal matters have spurred investigations into Nvidia's business dealings. A closed-door inquiry is scheduled to review security frameworks and contacts with foreign entities.

The year 2026 is on track to become one of the four hottest years on record, with global temperatures averaging 1.47C above pre-industrial levels during January-September, according to the World Meteorological Organization. An intensifying El Nino could push temperatures higher into 2027, as record ocean heat, rising greenhouse gas concentrations and extreme weather deepen the global climate crisis.

MakeMyTrip's India subsidiary, MMT India, has received approval from Sebi for an initial public offering. This approval follows a confidential filing of draft papers made in July. The IPO will involve the sale of equity shares by MakeMyTrip and its subsidiary, ibibo Group Holdings. Proceeds from the sale are expected to enhance the cash position of the parent company.

Nvidia shares dropped over 4% after CEO Jensen Huang acknowledged an affair with Alice Huang. Jensen Huang's relationship with Alice, a Chinese national, raised security concerns following intelligence reports. Nvidia has initiated an investigation into these allegations, although the board believes no secrets were compromised. Analysts suggest the company's upcoming earnings report will be crucial for market sentiment. Concerns linger over Huang's position if further evidence of wrongdoing emer