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Economy / The Economic Times

Auto industry flags Mexico's plan for steep tariff hike; pharma firms also worried

India's auto and pharma sectors are concerned as Mexico plans to more than double tariffs on countries without free trade agreements. This move could significantly impact India's $887 million auto exports to Mexico, its third-largest destination, and also affect pharmaceutical companies preparing to expand their presence.

27 Nov 2025 5:30 am
Bitcoin price (BTC USD) surges above $90,000 ahead of Thanksgiving 2025: Ethereum, Solana, XRP, & Dogecoin rally amid crypto market recovery

BTC USD price today: Bitcoin surged past $90,000 on Wednesday, offering a much-needed recovery for investors after a volatile November that saw its 2025 gains erased. Analysts cited declining institutional interest and Federal Reserve policy uncertainty for the earlier dip. Other major cryptocurrencies like Ethereum and Solana also saw gains, with crypto trading continuing through the Thanksgiving holiday.

27 Nov 2025 3:27 am
Tech layoffs November 2025: Apple, Synopsys, Hewlett-Packard, Playtika, HP & more cut jobs - which roles and departments are most affected

Layoffs November: Tech giants like HP and Apple are implementing significant job cuts, with HP planning thousands of reductions by 2028 and Apple streamlining sales positions. Smaller firms, including Monarch Tractor and Playtika, are also undergoing substantial layoffs, with some facing potential shutdowns as the industry navigates efficiency drives and AI integration.

27 Nov 2025 2:56 am
Thanksgiving Day 2025: From schools to Walmart, Costco, Target - what's open, what's closed ahead of Black Friday sales

Thanksgiving Day 2025 is here and it will be followed by Black Friday sales. A full list of what's open and what's closed.

27 Nov 2025 2:52 am
Washington Shooting: Two National Guardsmen killed in shooting near White House? Suspect is detained and motive remains unclear, Trump and Vance react

Tragedy struck near the White House as two West Virginia National Guard soldiers lost their lives. They were shot while on duty. The suspect, who also sustained injuries, has been taken into custody. Authorities are investigating the incident. The motive behind the attack remains unclear as the investigation continues. Prayers have been called for the fallen soldiers.

27 Nov 2025 2:47 am
White House shooting: President Donald Trumps first reaction to Washington DC shooting, vow very steep price for gunman after two National Guard Troops critically wounded

President Donald Trump has publicly reacted to the shooting of two National Guard troops near the White House, vowing the gunman will pay a very steep price. Both service members were critically wounded and are in separate hospitals. Trump expressed his support for the National Guard, military, and law enforcement in a post on Truth Social.

27 Nov 2025 2:27 am
Will AI stocks crash or surge? Dan Ives reveals top 10 picks as only 3% of US companies have adopted AI

AI stock predictions: Wedbush analyst Dan Ives argues the AI sector is not in a bubble, emphasizing that only a small percentage of companies have adopted AI. He attributes current valuations to strong enterprise spending, government demand, and chip shortages, not speculation. Ives believes the AI revolution is in its early stages with significant growth potential ahead.

27 Nov 2025 1:40 am
Fortnite servers down? Fortnite players furious as login chaos disrupts long-awaited Simpsons collaboration

Fortnite players experienced widespread login failures and connection issues on Wednesday, November 26, impacting access across multiple platforms. The disruptions occurred just days before a major seasonal update and amid the ongoing Fortnite x Simpsons collaboration. Epic Games is actively investigating the problem and has not provided an exact resolution timeline.

27 Nov 2025 1:38 am
Chipotle Thanksgiving Eve BOGO: Here are the deals & cyber weekend offers you can avail

Chipotle is offering a buy-one, get-one free entre deal on Thanksgiving Eve, starting at 4 p.m. local time. This promotion aims to fuel reunions among friends and family. Additionally, Chipotle is providing a $0 delivery fee on app and online orders from November 28 to December 1 with code CYBER25.

27 Nov 2025 1:34 am
7 weekly habits to keep your bones strong, say top dietitians

Keeping bones strong needs simple weekly habits like good food, movement, sleep and basic check-ins. Dietitians say nutrients such as calcium, vitamin D, protein and magnesium support healthy bones. Small steps like walking, lifting light weights, eating prunes and cutting extra salt can help. These easy habits protect bone health for all ages.

27 Nov 2025 1:31 am
Arc Raiders Down? Thousands report widespread server outage and connectivity issues, when will servers be back online?

Arc Raiders faced a massive server outage on November 26, 2025. Thousands of players reported connection errors and lost progress. This incident adds to ongoing server instability since the game's launch. Embark Studios has not yet provided an explanation for the widespread disruption. Players are awaiting updates on server restoration and potential compensation.

27 Nov 2025 12:48 am
How this simple nut can support brain function and weight management, Expert says

Walnuts, grown mainly in California, are a nutrient rich superfood that provides various health benefits. Packed with fiber, omega 3 fatty acids, antioxidants, and protein, they aid heart, gut, and brain wellness while supporting weight management. Research shows walnuts enhance the gut microbiome, lowers cholesterol, and help prevent inflammation and cognitive decline. Experts advise consuming them raw and unsalted, one serving each day or several times each week. As Amber Sommer describes, The

27 Nov 2025 12:41 am
Bitcoin price target: JPMorgan predicts BTC USD could hit $240,000 and reveals why crypto is acting like a macro asset

Bitcoin price prediction: JPMorgan sees Bitcoin potentially soaring to $240,000 in the long run. Crypto markets are now driven by global economic trends, not just the halving cycle. Institutional investors are increasingly shaping the market. JPMorgan has also launched a new product linked to BlackRock's Bitcoin ETF, offering potential gains with some protection.

27 Nov 2025 12:38 am
Apple fights india antitrust rule that could trigger $38 billion global penalty

Apple is challenging a new India antitrust law that allows penalties based on global turnover. The company says the rule could create huge fines and is unfair. Indias competition regulator is also looking into Apples app and payment rules. The case has become an important moment in Indias tech and competition space, with a court hearing coming soon.

27 Nov 2025 12:30 am
Israel, Palestine release more hostage bodies

The next phases of the agreement include developing an international body to govern Gaza and oversee reconstruction under a two-year, renewable UN mandate. An armed international stabilisation force is to keep security and ensure the disarming of Hamas, a key demand of Israel. Indonesian officials have said they plan to deploy 20,000 peacekeepers to the force.

27 Nov 2025 12:28 am
Fortnite down? Epic Games confirms as thousands of players unable to login amid server outage

Fortnite experienced a widespread login issues on Wednesday, November 26, preventing players worldwide from accessing the game. Epic Games also acknowledged the problem and is actively investigating, with the outage occurring just before the conclusion of the popular Simpsons crossover season. Players are advised to monitor Fortnite Status for updates.

27 Nov 2025 12:25 am
'Troops religion is your religion', officer's refusal an isolated incident, say veterans

The case, in which an officer refused to participate in routine regimental rituals, citing that they were against his faith as a Christian, has been described as a one-off exception, with officers pointing out that multi faith rituals are regularly held and 'sarv dharam sthals', or multi faith temples, are an integral part of units.

27 Nov 2025 12:24 am
ICICI, Canara likely to raise Rs 7,500 crore

As the financial landscape evolves, Indian banks are on a robust quest for capital through bond markets. This week, Canara and ICICI banks are poised to unveil bond offerings amounting to an impressive 7,500 crore. In a recent maneuver, Axis Bank successfully raised 5,000 crore through a strategic private placement of non-convertible debentures.

27 Nov 2025 12:12 am
Fitch unit raises GDP projection to 6.5% for this fiscal

India's economic growth forecast for 2025-26 has been raised to 6.5 percent. This positive outlook is driven by strong performance in the second quarter of the current financial year. Goods and Services Tax reforms are credited with improving the business environment and reducing uncertainty. Industrial production also saw a significant increase. These factors are expected to boost economic activity.

27 Nov 2025 12:10 am
EU chief vows to back Ukraine 'every step' until peace

Europe has been scrambling to shore up Kyiv and assert its own influence after the United States produced a plan to end the fighting that was heavily slanted towards Russia's demands. The European Commission president said days of negotiations to refine the US plan had begun to lay the groundwork for a possible settlement, but warned Russia showed no sign of really wanting to stop the war.

27 Nov 2025 12:06 am
Irdai steps in to ease friction between insurers & hospitals: Payments, package rates & cashless processes

Irdai, India's insurance authority, is stepping up to harmonize relations between health insurers and hospitals through active discussions with industry representatives. Their talks revolve around crucial elements such as claim settlements, rate structures for medical packages, and the facilitation of cashless insurance services.

27 Nov 2025 12:05 am
EC seeks report in 48 hours on breach at Bengal CEO office

The Election Commission of India has demanded an action taken report from Kolkata's Police Commissioner regarding a serious security breach during BLO protests on November 24. Three senior EC officials from New Delhi have been appointed to assist the West Bengal CEO in overseeing the ongoing SIR work, marking their first deployment in the state.

27 Nov 2025 12:04 am
Court can extend draft voter roll date if a fit case is made out, says Supreme Court

The oral observation came from a bench of Chief Justice of India Surya Kant and Justice Joymalya Bagchi during the resumed hearing of pleas challenging the SIR in West Bengal and Tamil Nadu. The West Bengal government's counsel flagged concerns over the matter being posted for December 9 - the date scheduled for publication of the draft roll.

27 Nov 2025 12:02 am
Tejas holds firm as Airtel keeps up the pressure

Tejas Networks states its telecom equipment meets industry quality standards. This comes amid a dispute with Bharti Airtel over interference issues in Rajasthan. Tejas Networks claims its gear is not sub-standard. It suggests additional filters are needed when antennas face each other. BSNL has already deployed these filters at many sites.

27 Nov 2025 12:01 am
USFs Alex Golesh to lead Arkansas Football as new head coach

Arkansas has appointed Alex Golesh as the new head coach of the Razorbacks, featuring a fresh beginning for a struggling program. Popular for offensive creativity and a knack for program turnarounds, Golesh offers a strong track record from South Florida, where he guided the Bulls to consecutive bowl victories and top 25 rankings. At just 41, he blends head coaching experience with years as a detail oriented coordinator, mainly in the SEC.

27 Nov 2025 12:00 am
IMF pushes for more reforms as India's growth stays strong

The IMF urges India to implement structural reforms for economic growth, focusing on human capital and female labor participation. Reclassifying India's exchange rate as 'crawl-like,' the fund anticipates robust GDP growth despite US tariffs, projecting inflation to decline. Sound fiscal and monetary policies are lauded, with recommendations for continued spending control and revenue mobilization.

26 Nov 2025 11:59 pm
RBI takes practical stance on family trusts and investment cos

In a forward-thinking initiative, the Reserve Bank of India is simplifying wealth management for business families. By allowing the transfer of ownership of investment companies to private family trusts, they're paving the way for smoother succession planning and minimizing potential disputes. The focus remains on designating family members as trustees, which strengthens familial control over assets.

26 Nov 2025 11:56 pm
Telcos could ring in record Rs 35 billion in revenues this fiscal

Indian telecom revenues are set for a record high of $35 billion this fiscal year. Bharti Airtel and Reliance Jio are strengthening their market positions. Industry revenues are projected to reach $39 billion by FY27. Average revenue per user is expected to cross 200. Jio and Airtel are expanding their market share, while Vodafone Idea is seeing a decline.

26 Nov 2025 11:55 pm
Fortnite Down: When will the servers be back up? Heres what Epic Games said and list of platforms impacted

Fortnite Down: The widely played online title Fortnite experienced a significant outage on Wednesday, as thousands of users reported login issues, matchmaking failures and connection interruptions across multiple platforms.

26 Nov 2025 11:54 pm
Not property, not crores: What Dharmendra's daughter is interested to inherit is far more precious

As the industry remembers Dharmendra, an old reflection from his daughter Ahana Deol highlights what she values most from her father. Instead of wealth or property, she expressed interest in something deeply personal that carries emotional memories. Her childhood experiences and the values he taught her continue to shape how she remembers him today.

26 Nov 2025 11:50 pm
Companies back Smriti Mandhana, call out 'insensitive' social media scrutiny

Vice-captain of the Indian team that won the Women's Cricket World Cup in November this year, Mandhana has been the subject of extreme scrutiny about her personal life over the past five days, since her marriage to music composer Palash Muchhal was postponed.

26 Nov 2025 11:49 pm
Platforms weigh strategies to absorb cost of gig workers' social security

New Labour Codes mandate social security for gig workers. Aggregators are reviewing pricing to manage costs. The government is finalizing a scheme with stakeholder input. Companies are committed to compliance. This move aims to enhance worker welfare while maintaining business flexibility. The full impact will be clearer once rules are notified.

26 Nov 2025 11:49 pm
Generic drug companies rework pricing to gain weight in Indias GLP-1 market as Novo Nordisk slashes Wegovy prices

Indian drugmakers are adjusting prices for weight-loss injections. Novo Nordisk has cut prices for its drug Wegovy. This move is prompting generic companies to lower their expected launch prices. Novo Nordisk is also preparing to launch Ozempic in India soon. This competition is expected to drive down prices in the GLP-1 segment.

26 Nov 2025 11:48 pm
Kauvery Hospitals' promoters look to buy back 5% stake from Lightrock

Kauvery Hospitals' leadership is engaged in discussions to repurchase shares from the investor Lightrock, with the valuation of the healthcare chain set at 5,000 crore. Anticipating a public offering in the next two years, the group is poised to ramp up its bed capacity significantly. The primary goal for the promoters is to reclaim a stronger stake in their enterprise.

26 Nov 2025 11:45 pm
Shocking games: ED arrests WinZO founders in PMLA case

The Enforcement Directorate has arrested WinZO Games founders Saumya Singh Rathore and Paavan Nanda under PMLA. The agency froze 505 crore in proceeds of crime after searches, alleging WinZO used a concealed algorithm ('PPP') to generate automated gameplay, leading to illicit gains of 177 crore and user losses. The company also allegedly restricted fund withdrawals.

26 Nov 2025 11:44 pm
Easy fiber foods: Best nuts and seeds to improve digestion, heart health, and daily nutrition

Eating more fiber is important for health, and nuts and seeds are an easy way to get it. Chia, flax, almonds, pistachios, sunflower seeds, walnuts, and pumpkin seeds all give fiber, protein, and healthy fats. Just a small serving a day helps digestion, heart health, and keeps you full. Add them to snacks, salads, or smoothies.

26 Nov 2025 11:44 pm
Suits & Sayings: Moving On

ETs roundup of the wackiest whispers in corporate corridors

26 Nov 2025 11:43 pm
MNRE asks power regulator CERC to review draft norms for renewable energy sector

The Ministry of New and Renewable Energy has urged the power regulator CERC to review its draft regulation for renewable energy projects, citing concerns that the proposed norms could deter investments. This comes as India aims for 500 GW of renewable energy by 2030, requiring significant annual capacity additions.

26 Nov 2025 11:42 pm
Tata Power in talks with Odisha to set up 10 GW ingots, wafers plant

Ingots and wafers are key raw materials used in the production of solar cells and modules, as well as semiconductor chips. Tata Power, which currently has 4.55 GW of cell and module manufacturing capacity, aims to backward integrate ingots and wafers into its solar cell and panel production for both domestic use and export markets.

26 Nov 2025 11:41 pm
4 Hidden lifestyle factors that may be slowing down your metabolism

Metabolism function is influenced by far more than calorie intake and workouts. Nutrition experts highlight the significance of proper sleep, stress management practices, gut supportive foods and regular physical activity to maintain metabolic balance. Incorporating required amounts of protein, remaining active and consuming routine meals can further aid in healthy glucose control and energy use. Small daily routines can make a meaningful difference.

26 Nov 2025 11:38 pm
Small and mid-sized law firms rush to merge for scale

Indian small and mid-sized law firms are merging to gain scale and offer multi-disciplinary capabilities, driven by client demands and a complex legal market. This consolidation aims to enhance expertise, expand bandwidth, and prepare for potential foreign competition. The growing Indian legal market, projected to reach $3.37 billion by 2030, fuels this trend as firms seek to remain competitive.

26 Nov 2025 11:36 pm
Delhi blast: NIA arrests seventh accused for 'harbouring' Red Fort bomber

The agency arrested Soyab, a resident of Dhauj in Haryana's Faridabad, for allegedly providing logistical support to errorist Umar Un Nabi before the Red Fort blast, said an NIA spokesperson.

26 Nov 2025 11:35 pm
Joy Reid claims JD Vance may abandon wife Usha for Erika Kirk to appease MAGA base Heres what she said

Former MSNBC anchor Joy Reid has speculated that U.S. Vice President JD Vance might attempt to politically reposition himself ahead of the 2028 presidential race by creating distance from his wife, Usha Vance.

26 Nov 2025 11:35 pm
Social Security retirement eligibility changing in 2026 will higher work credit requirements affect your benefits and how can lower-income and part-time workers prepare

Social Security retirement eligibility rules are changing in 2026. Workers must earn 40 work credits to qualify. In 2025, one credit required $1,810 in earnings. In 2026, it rises to $1,890, or $7,560 for four credits. Lower-income and part-time workers may now fall short. Without enough credits, you cannot claim benefits. Spousal benefits can cover up to 50% of a partners Social Security if marriage lasts 10 years. Planning early, tracking credits, and maximizing claims can boost retirement inc

26 Nov 2025 11:31 pm
J&K police cracks down on chemical, fertiliser traders

In light of recent explosive incidents, the Jammu and Kashmir police have ramped up monitoring of suppliers in sectors such as hardware, chemicals, textiles, and fertilizers. The authorities are meticulously examining logbooks, sales records, and warehouse inventories to ensure compliance.

26 Nov 2025 11:28 pm
Oil Ministry for consolidated biogas policy to expedite projects, reduce overlap

At present, three ministries run parallel schemes across the CBG value chain: the ministry of renewable energy (MNRE) administers financial incentives, the Department of Fertilizers (DoF) oversees market development, and the petroleum ministry manages pipeline infrastructure and biomass aggregation machinery.

26 Nov 2025 11:27 pm
Apollo doctor recommends: 5 lifestyle changes to reduce 'Glycosylated Hemoglobin' and prevent diabetes naturally

A senior neurologist from Apollo Hospitals outlined five science-backed lifestyle habits that can lower glycosylated haemoglobin (HbA1c) and reduce diabetes risk without medication. His recommendations include modest weight loss, regular aerobic and strength exercise, a low-carb or Mediterranean diet, time-restricted eating and increasing daily movement. According to him, combining these steps can bring down HbA1c by up to 12%, an improvement similar to starting diabetes treatment.

26 Nov 2025 11:27 pm