SENSEX
NIFTY
GOLD
USD/INR

Weather

image 29    C

The Economic Times

Economy / The Economic Times

ASEAN's Myanmar dilemma deepens as Thailand pushes for junta's return

ASEAN is poised to reassess its decision regarding Myanmar's military-backed leadership during the upcoming summit. Following recent elections won by the military, several member nations have increased engagement with Myanmar officials. Thailand has advocated for Myanmar's inclusion in high-level meetings, paving the way for potential diplomatic dialogues. Humanitarian concerns and civil conflicts continue to pose challenges for ASEAN's consensus and collective action.

13 Nov 2026 1:53 pm
One outage brings world biz tumbling down

The cloud may have no physical borders, but its failures can bring real countries/economies to a standstill.The global outage of Microsoft's services today has again exposed the modern business world's big vulnerability, showing what too much dependence on one single technology provider can lead to when things go bad.Also read | Microsoft outage disrupts Teams, Outlook and Copilot as efforts fail to ensure sustained service restorationFrom company mails to corporate document management, cloud co

13 Nov 2026 12:08 pm
Dinaz Vervatwala x The Economic Times

Dinaz Vervatwala established Dinaz's Fitness, a unique women's fitness studio in Hyderabad, back in 1993. Transitioning from a career as a chartered accountant, she emerged as a prominent fitness trainer and wellness coach. Dinaz advocates for a holistic view of wellness, blending mental health and sustainable practices, drawing on her personal journey after overcoming a traumatic accident that instilled in her the values of resilience and consistency.

13 Nov 2026 11:50 am
Adani makes smart 3,050 crore bet to power up its metering game

Adani Energy Solutions completed the acquisition of IntelliSmart Infrastructure for Rs 3,050 crore. This deal includes acquiring 100 percent equity share capital and redeeming convertible debentures held by NIIF. IntelliSmart provides advanced metering infrastructure and smart gas meters in India. The acquisition was approved by the Competition Commission of India in October. Adani Energy Solutions is part of the Adani Group and focuses on electricity transmission and distribution.

13 Nov 2026 11:48 am
Manappuram Finance shares drop 3% even as Q2 net profit soars 3x to Rs 701 crore. Why did Jefferies cut target price?

Shares of Manappuram Finance dropped around 3% on Friday after the company reported a consolidated net profit of Rs 701 crore for the July-September quarter of the ongoing financial year 2027, surging over 3 times from Rs 220 crore reported in the corresponding quarter of the previous financial year.The gold loan providers revenue from operations jumped 48% year-on-year to Rs 3,362 crore during the quarter under review, from Rs 2,274 crore reported in the same period last year. The companys tota

13 Nov 2026 11:33 am
Ireland extends UK visa-linked travel waiver

Ireland has extended its Short-Stay Visa Waiver Programme until December 31, 2026, allowing eligible nationals, incuding Indians, to visit the country without obtaining a separate Irish visa if they hold and have used a qualifying US short stay visa.The programme was earlier due to end on October 31. The extension applied to nationals of countries across Asia, Europe, the Middle East and South America, including India.Who can use the programme?Travellers must first enter the UK using an eligible

13 Nov 2026 10:53 am
Clearly deserved it: DDG apologises to ARIatHOME after fan interrupts his acceptance speech at Streamer Awards to say DDG had the best music

At the Streamer Awards, DDG issued a public apology on social media to fellow nominee ARIatHOME following an unexpected interruption during Ari's acceptance speech for Best Music Streamer. A man interrupted, promoting DDG's music, which Ari gracefully acknowledged before continuing to express gratitude for his fellow nominees' contributions to the Twitch music scene.

13 Nov 2026 10:52 am
Itlu Arjuna Twitter reviews: Aniesh and Anaswara Rajan win hearts, but is the love story truly fresh?

Itlu Arjuna follows Arjun, a speech-impaired pickpocket who falls in love with his childhood friend Keerthy. Their lives take a dangerous turn when a pen drive linked to a Rs 1,000 crore fortune goes missing. Caught between gangsters and the police, the couple must navigate a series of challenges that test their love and courage.

13 Nov 2026 10:43 am
MSTC shares skyrocket 20% to hit upper circuit. Heres why

MSTC shares surged 20% to hit the upper circuit at Rs 783.65 on the BSE after the state-owned e-commerce company reported its strongest second quarter since listing and received in-principle approval from the Reserve Bank of India to operate a Trade Receivables Discounting System (TReDS).Consolidated profit before tax jumped 54.8% year-on-year (YoY) to Rs 99.85 crore in the September quarter, while profit after tax rose 57.7% to Rs 74.92 crore. The company said both were its highest-ever Q2 figu

13 Nov 2026 10:43 am
Jindal Power gets $470 million loan for Botswana project

Jindal Power Ltd. has acquired a $470 million loan to fuel its ambitious power project in Botswana. The financing is backed by three Indian banks, alongside participation from international institutional lenders. This initiative aligns with Jindal's previous international expansion efforts and leverages Botswana's extensive coal resources, which are essential for catering to local electricity requirements.

13 Nov 2026 10:30 am
US revokes over 6k visas over birth tourism

The Trump administration is doubling down on immigration curbs, with the Department of States Birth Tourism Prevention Task Force revoking over 6,000 visas from foreigners who engaged in or facilitated birth tourism.We are identifying and holding accountable everyone involved in this illicit practice, the US State Department, in a post on X, said.— StateDept (@StateDept) Birth tourism refers to travelling to the US to give birth, often with the aim of securing US citizenship for the child.

13 Nov 2026 10:28 am
56% of airlines expect air travel slowdown over next 2-3 years amid rising costs: McKinsey

More than half of airlines expect a slowdown in air travel over the next two to three years, as rising jet fuel prices, higher maintenance costs and aircraft delivery delays weigh on the aviation industry, according to a McKinsey report. The report also highlights the sector's financial challenges, profitability trends and the potential role of artificial intelligence in improving operational efficiency.

13 Nov 2026 10:26 am
Godrej Properties acquires 31 acres in Indore for new residential project amid strong demand

Godrej Properties Ltd has acquired a 31-acre land parcel in Indore for a residential development project. This acquisition will increase the company's presence in the booming Indore property market, where demand is high. The planned development is expected to have a saleable area of approximately 0.7 million square feet. Godrej Properties already has two projects in Indore at advanced stages of completion.

13 Nov 2026 10:17 am
Food inflation to stay elevated; ICICI Bank sees 25 bps RBI rate hike in December

Food inflation in India is projected to remain elevated in the coming months due to a shortfall in crops. The Reserve Bank of India is anticipated to raise interest rates by 25 basis points to manage retail inflation. Factors such as weak monsoon and high energy prices contribute to the rising inflation. Many essential food items are experiencing upward price pressure amid ongoing inflationary trends.

13 Nov 2026 10:06 am
Paraguay bank crisis sucks life out of bustling market

Ueno Bank's recent collapse has severely affected local vendors at Mercado 4 in Asuncion, where sales have plummeted. Many customers find themselves without money, leading to decreased foot traffic and consumer spending. Although the central bank has provided some refunds to depositors, the relief has not reached the local market. Vendors express deep concerns over their ability to sustain their businesses amidst ongoing uncertainty.

13 Nov 2026 10:02 am
China stages massive, unannounced military drills around Taiwan in 'silent intimidation'

China executed extensive military drills in the western Pacific and around Taiwan, aiming to exert pressure. These unannounced exercises involved over 100 vessels and included simulated attacks on various targets. Taiwanese officials described the drills as a tactic of silent intimidation before key international meetings. While the number of active vessels has decreased, air force activity near Taiwan remains high.

13 Nov 2026 10:02 am
Karnataka targets Rs 7.5 lakh crore investments, 20 lakh jobs by 2030; to host Global Investors Meet in April

The targets have been set under the state's Industrial Policy 2025-30, with Karnataka seeking investments in sectors such as semiconductors, aerospace, artificial intelligence, clean energy, life sciences and electric mobility.

13 Nov 2026 10:00 am
Ramayana box office collection Day 9: Ranbir Kapoor's Ramayana creates box office storm as it mints Rs 676 crore. Nitesh Tiwari's movie inches closer to Rs 700 crore

Ranbir Kapoor's Ramayana: Part One has collected Rs 676.12 crore gross and Rs 565.51 crore net in India in nine days, according to Sacnilk. While the film has received praise from filmmakers, Mukesh Khanna criticised Sai Pallavi's portrayal of Sita, while Nitish Bharadwaj called it a masala movie. The film has also been submitted for Oscars 2027 consideration.

13 Nov 2026 9:52 am
Desire within US, India to conclude trade deal by G20: ex-US diplomat

Negotiations for a phase one trade agreement between the US and India are ongoing and complex. Both countries express a desire to conclude the deal by the upcoming G20 Summit in Florida. Former diplomat Nisha Biswal indicated that significant issues remain, particularly concerning India's comparative advantages. India's Commerce Minister Piyush Goyal stated that the country expects one of the best trade deals with the US.

13 Nov 2026 9:51 am
Uneven monsoons, El Nino pose upside risks to inflation; another RBI hike possible: Report

Uneven monsoons and the possibility of El Nino conditions could pose upside risks to food inflation in FY27, keeping the Reserve Bank of India (RBI) open to another interest rate hike despite expectations of gradual moderation in overall price pressures, according to a report by Nuvama Institutional Equities.

13 Nov 2026 9:05 am
NHC Foods reports 333% qyarterly rise in total income to Rs 451.32 crore and over 16-fold jump in profit

For the first half of FY27, NHC Foods posted total income of Rs 821.45 crore, an increase of 282 per cent from Rs 214.68 crore a year earlier. Profit rose nearly 13-fold to Rs 38.68 crore, compared with Rs 3.01 crore in the year-ago period.

13 Nov 2026 9:03 am
Power transmission developers seek relief for projects hit by interconnection delays

Power transmission developers have called on the Ministry of Power to implement key changes to enhance project completion efficiency. They highlighted the necessity for automatic financial and contractual relief when delays stem from interconnected infrastructure. The Electric Power Transmission Association suggested that the Central Transmission Utility of India Ltd assume a larger role in coordination efforts.

13 Nov 2026 8:47 am
No priest, no elaborate rituals: Anirudh Ravichander and Kavya Maran's wedding has a special significance. What is a self-respect marriage?

Anirudh Ravichander and Kavya Kalanithi Maran reportedly had a self-respect marriage in Greece, confirmed DMK leader Dr T R B Rajaa. The tradition involves no priest or elaborate rituals and allows couples to declare their marriage and exchange garlands, rings or a thali. Rooted in Periyar's Self-Respect Movement, it was legalised in Tamil Nadu in 1968.

13 Nov 2026 8:42 am
Nvidia must find a way forward without Huang

Nvidia CEO Jensen Huang resigned Thursday, capping a spectacular downfall for a poster boy of the artificial intelligence boom whose exit following reports of extramarital affairs now thrusts the chipmaker into an uncertain future.After a dizzying series of headlines about Huang's infidelity and ties to an alleged Chinese spy, his departure sets off a scramble to find a permanent replacement to lead the multitrillion-dollar colossus that grew from obscurity to a perch between Apple and Microsoft

13 Nov 2026 8:31 am
US returns over $12 billion in oil proceeds to Venezuela since Maduro's ouster, report says

The Trump administration has reported returning over $12 billion in oil revenue to Venezuela as of September 30. Almost all funds from oil sales have been directed to support infrastructure and humanitarian needs. The U.S. Treasury managed the escrow account from which these funds were disbursed following approved requests. Various payments were made for essential supplies and services, including healthcare-related equipment.

13 Nov 2026 7:34 am
Who was Beau Jessup? British actress and 'Loose Women' star Lisa Maxwell's daughter dies while studying at Columbia University in New York City aged 27

Beau Jessup, the daughter of actress Lisa Maxwell, has passed away at the age of 27. She had been studying journalism at Columbia University in New York City. The university expressed condolences to her family and friends while mourning her loss. Beau was set to graduate from her master's program in May 2027.

13 Nov 2026 7:31 am