Economy / The Economic Times
Nvidia saw a historic $1 trillion swing in just 54 hours. The stock first jumped $450 billion after earnings crushed forecasts. Revenue rose 62% to $57 billion. Profit hit $31.9 billion. AI chip demand drove the surge. The rally collapsed fast. Nvidia then lost about $600 billion as investors booked profits. Fears of an AI bubble grew. Rate-cut hopes faded. Geopolitical tensions added pressure. Volatility spiked sharply. The VIX moved above 26. Nvidias fundamentals stayed strong, but sentiment t
Pakistan said it believes Trumps claim that India wont go to war but added that it doubts Indias sincerity, citing 'belligerent statements'. It also defended the continued closure of the Afghanistan border and downplayed a US congressional report.
Hindustan Aeronautics Ltd (HAL) has expressed grief over the death of Wing Commander Namansh Syal, who lost his life when an LCA Tejas crashed during an aerial display at the Dubai Air Show. The incident marks the second Tejas crash in 20 months.
A post by Apollo Hospitals neurologist Dr Sudhir Kumar has reignited debate on how work timings influence long term health. In a detailed X thread, he compared day, fixed night and rotating shifts, noting that day shifts best support circadian rhythm, sleep and metabolic stability. Fixed night shifts offer partial adaptation but still raise health risks, while rotating shifts cause the most severe disruption. His ranking underscores how work schedules quietly shape overall wellbeing.
Kumar Mangalam Birla, chairman of the Aditya Birla Group, has received an Honorary Doctor of Science (Economics) degree from the University of London at its Foundation Day ceremony, presented by Her Royal Highness The Princess Royal. The recognition highlights his leadership in global industry and his contributions to education and philanthropy through roles at BITS Pilani, IIM Ahmedabad, IIT Delhi and London Business School.
Royal Enfield launched the Meteor 350 Sundowner Orange special edition at Motoverse 2025, featuring touring enhancements and a commemorative badge. The highly anticipated Himalayan 750 adventure bike is also expected to be revealed, boasting a powerful 750cc engine and advanced tech for serious touring.
Eli Lilly stock today: Eli Lilly achieved a historic milestone, briefly touching a $1 trillion market cap. This success is driven by strong sales of its diabetes drug Mounjaro and weight loss injection Zepbound. The company's innovative treatments are reshaping the health-care landscape. Competitors like Novo Nordisk and Pfizer remain active in this growing market.
Special Economic Zone units and developers met with Commerce Secretary Rajesh Agrawal. They raised concerns about US countervailing duties and quality control orders for sales to the domestic tariff area. Issues like DTA transactions, duty foregone, and connectivity constraints were highlighted. The ministry assured a review of these challenges to strengthen ease of doing business.
Bitcoin slid to $82,921.11 today, dropping $3,602.84 or 4.16%, as early billionaire holder Owen Gunden fully liquidated his entire 11,000 BTC stash worth roughly $1.3 billion since October 21, 2025. His final transfer of 2,499 BTC valued at about $228 million to Kraken confirmed a complete exit and triggered fresh market panic. The sell-off hit during severe bearish conditions, with CryptoQuants Bull Score Index plunging to 20/100, its weakest cycle reading. Analysts warn the timing, scale, and
Ukrainian President Volodymyr Zelenskiy stands at a pivotal crossroads, beset by both external threats and internal turmoil. A US-led diplomatic initiative proposes difficult choices, including land concessions and military constraints, placing the nation in a dilemma between preserving honour and maintaining a key alliance.
In another farewell function held by the Supreme Court Bar Association (SCBA) in the evening, the 52nd CJI recalled the ire that he faced from his own community for one of his judgments in which it was held that the creamy layers among the Scheduled Castes (SCs) can also be denied the reservation benefits in admissions and jobs.
Tejas pilot death: Wing Commander Namansh Syal tragically died when an LCA Tejas fighter jet crashed during an aerial display at the Dubai Air Show. The indigenous aircraft nosedived, erupting in a fireball, marking the first fatal incident for the Tejas during an international showcase. The Indian Air Force is investigating the cause of the accident.
Thanksgiving turkey preparation demands advance planning. Safely thawing your bird is crucial to prevent foodborne illness. Avoid countertop thawing; instead, opt for the refrigerator (24 hours per 5 lbs), cold water submersion (30 mins per lb, changing water every 30 mins), or microwave methods, always cooking immediately after. Plan accordingly for a delicious and safe feast.
US stock market today: S&P 500 fell 0.2% and the Nasdaq dropped 0.8%, extending Thursdays rout, while the Dow rose 0.3% with a 133-point gain. Nvidias rally continued to fade, dragging tech lower as concerns over stretched AI valuations persisted. Fed rate-cut bets jumped above 70% after John Williams signaled room for further easing. Markets remain on track for steep weekly losses, with the S&P 500 down over 2% and the Nasdaq off 3%. Bitcoin hit fresh lows, sliding nearly 12% for the week.
Celebrity fitness trainer Siddhartha Singh debunks the 10,000-step myth, stating there's no universal target for weight loss and fitness. He emphasises that individual step goals should vary based on lifestyle and job nature, advocating for overall movement and strength training over a rigid number.
Growing dependence on AI for health advice has prompted experts to outline safer ways to use chatbots. Pharmacist Deborah Grayson says AI works best for treatment guidance when users already know their condition, but it becomes risky for diagnosis due to misleading or rare possibilities. She advises sharing detailed symptoms, checking credible sources, and using AI to prepare for doctor visits. However, red flag symptoms require immediate medical attention, underscoring the need for balanced, ca
U.S. wholesale inventories were flat in August, as higher stocks of durable goods including a 0.4% rise in motor vehicles offset declines in prescription drugs, paper and chemicals. The figures, revised from an earlier estimated drop, were released after the 43-day government shutdown delayed reporting.
The U.S. has drafted a 28-point plan to end the Ukraine war, offering Russia major territorial gains while requiring concessions from both sides. Ukraine would need to give up remaining parts of Donetsk and accept Russias control of areas seized since 2022, while Russia would have to withdraw from parts of Kharkiv and Dnipropetrovsk.
Nvidia CEO Jensen Huang acknowledged the immense pressure on the company, stating a minor earnings miss could have triggered global AI bubble fears. He highlighted memes portraying Nvidia as holding the planet together, underscoring its critical role. Despite record earnings, Huang noted the challenge of meeting sky-high expectations, a sentiment reflected in stock fluctuations.
Adani Green Energy is expanding its clean energy reach. The company has formed two new subsidiaries in Gujarat. These entities will focus on generating and distributing renewable power. This move strengthens Adani Green's commitment to solar and wind energy development. The subsidiaries will handle the entire process from generation to supply.
U.S. factory activity eased in November, with the manufacturing PMI slipping to 51.9 from 52.5 as tariffs pushed up costs and weakened demand. New orders slowed and inventories hit a record high, raising concerns about future output. Services activity strengthened, lifting the composite PMI to 54.8. Business confidence improved, but rising price pressures reduce chances of further rate cuts.
Type 2 diabetes, obesity may have a link with late-night eating especially close to bedtime, according to research results.
Thanksgiving dinner for 10 is projected to cost $55.18 this year, a 5% decrease from last year, largely due to a 16% drop in turkey prices. While the main course is cheaper, many side dishes, including fresh vegetables and dairy, have seen price increases due to rising farm expenses and agricultural damage.
Manoj Bajpayee, celebrating The Family Man Season 3's success, playfully revealed Anurag Kashyap's 'jealousy' over his fitness discipline. The actor shared his disciplined lifestyle while comparing it with Kashyap's love for rich food. This candid banter shows their enduring friendship amidst the show's gripping new season. Read on to know the secret behind Manoj Bajpayee's look
An old Air India Boeing 737-200, lost to records for over a decade, has been sold. The aircraft, over 40 years old, was found at Kolkata airport. Air India CEO Campbell Wilson confirmed the sale. This marks the removal of a forgotten relic from the airline's past. The jet was originally delivered in 1982.
Bhushan Ramkrishna Gavai's tenure as Chief Justice of India has officially come to a close, leaving behind a legacy of impactful decisions. His insightful interpretations in waqf law and tribunal reforms stand out, along with a commitment to environmental stewardship that led to new regulations for wildlife sanctuaries and restrictions on mining.
Tata Power has signed commercial agreements with Druk Green Power Corporation to acquire a 40% stake in a special purpose vehicle for the 1,125 MW Dorjilung hydropower project in Bhutan. The investment commitment is about 1,572 crore, to be infused in phases.
MicroStrategy stock crash: MicroStrategy, the world's largest Bitcoin holder, faces a major threat. JPMorgan warns of its potential removal from key stock indices like the MSCI USA Index. This comes as the company's stock has fallen sharply. A further Bitcoin price drop could put its holdings in negative territory. The MSCI decision is approaching, potentially triggering significant outflows.
Japanese currency Yen rose 0.4 per cent to 156.82 per dollar, though it remained close to Thursday's 10-month trough of 157.90 and was still on track to lose 1.5 per cent for the week.
The highly anticipated The Family Man Season 3 premieres on November 21, 2025, with Manoj Bajpayee reprising his role as Srikant Tiwari. The new season, set in India's North-East amidst a pandemic, introduces Jaideep Ahlawat and Nimrat Kaur. Reports reveal significant remuneration for the cast, with Bajpayee reportedly earning 20-22 crore.
Clashes erupted in Manipur's Imphal East district as displaced persons marched towards their abandoned homes, protesting the government's organization of the Sangai Festival amidst ongoing ethnic violence. Civil society groups also called for a cease-work campaign, disrupting normal life and highlighting the insensitivity of holding the event while thousands remain displaced.
America based cardiologist Dr Pradip Jamnadas has urged people to rethink soft drinks, calling them chemical laden beverages unfit for dinner tables. In an Instagram video, he said they contain excessive sugar, additives and colourings, and advised choosing filtered or mineral water instead. His warning aligns with a Nature Food study showing one serving of cola can cut 12 minutes of healthy life. Experts say small dietary swaps can significantly improve long term health..
Trident Group is set to transform the industrial landscape of Punjab with an investment of Rs 2,000 crore aimed at growth and modernization. The company plans to ramp up its terry towel production and upgrade its paper facilities in Barnala. In addition, a new corporate headquarters and a capacity-building hub will be established in Mohali.
Actor Spencer Lofranco's brother announced his death on November 20. Spencer Lofranco had spoken about taking a break to recover and work on himself for 2026. He also shared excitement over face tattoo removal. Tributes poured in for the former actor. His passing is being investigated in British Columbia, Canada.
The probe agency also found video footage in which the same accused is seen stepping out of a hotel in Ahmedabad, and recovered a black flag from the Uttar Pradesh residence of another accused, they said.
Scootsy Logistics, part of Swiggy, has secured a large warehousing space in Bhiwandi. This move supports their expansion into bigger fulfilment centres. The lease agreements are for 24 months with a rent escalation. This follows another significant lease by Scootsy earlier this year. Swiggy is investing heavily in Scootsy for growth. Bhiwandi remains a key logistics hub with strong demand.
Telugu upcoming movie The Great Pre-Wedding Show has achieved significant success across the world. The film, praised for its light-hearted rural humour and fresh casting, is gearing up for its digital debut. It follows a photographer's chaotic attempts to cover up a lost pre-wedding video. Read to know when and where to stream the movie online.
Air India Express will begin services from the Navi Mumbai International Airport on December 25, marking the start of commercial operations at the new facility. The airlines first flight from the airport will head to Bengaluru, one of its key hubs.
France said Russia, Saudi Arabia and India along with several emerging economies are the main obstacles to securing a COP30 agreement to phase out fossil fuels. French minister Monique Barbut said oil-producing nations are resisting the proposal.
Actor R Madhavan recently talked about evolving parent-child relationships. He shares how modern parenting differs from his upbringing. Madhavan adapted his approach for his son Vedaant, a professional swimmer. The actor is currently gearing up for the release of Dhurandhar alongside Ranveer Singh, Arjun Rampal, Sanjay Dutt and Akshaye Khanna.

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