The Economic Times

Commerce Minister Piyush Goyal said India is on track to achieve its $1 trillion goods and services export target in FY27, having already recorded nearly $480 billion in exports during April-September. He highlighted opportunities from free trade agreements, particularly the proposed India-EU pact, for the automobile and mobility sectors. Goyal urged manufacturers to expand globally, boost competitiveness and leverage international partnerships to drive exports, investment and employment.

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.

Economists predict the Indian rupee will strengthen against the US dollar in the coming months. Factors contributing to this appreciation include lower crude oil prices and improving foreign capital inflows. Additionally, a weaker US dollar and the easing of geopolitical tensions are supporting this trend. The Reserve Bank of India has implemented measures to stabilize the currency and enhance dollar availability.

Advent International has officially secured the green light from the Competition Commission of India to channel an impressive Rs 3,150 crore into Yatharth Hospitals through its affiliate, Rasmalai Limited. Post-investment, Advent will own a 24.9 percent minority stake in the healthcare entity, which is poised to leverage this financial boost for its expansion efforts and enhancing its healthcare network amidst a backdrop of thriving operational revenues and profit growth.

The company is navigating an inflationary environment, with rising crude oil prices amid the West Asia conflict adding to cost pressures across the supply chain, said Dabur India CEO (India Business) Herjit Bhalla during the post-earnings investor call last week.

Abu Dhabi: Russian and Ukrainian officials met in Abu Dhabi on Tuesday for their first US-brokered talks since February, after President Donald Trump suggested last week that a broad deal was possible on ending the war in Ukraine and guaranteeing security in Europe.US envoy Jared Kushner told delegates that recent contacts with both sides had eally identified, narrowed the gaps, and the US side had some good ideas on how to bridge their differences. Trump, he said, was committed to achieving pe

Stargate SG-1 will return in December 2026 with a new collectible item from Master Replicas. The Horus Guard Helmet Desktop Replica is a polyresin collectible based on the Jaffa warriors helmets from the science-fiction franchise. The Horus Guard Helmet Desktop Replica has a falcon design, golden headpiece and display stand. In the meantime, you can watch the original Stargate movie for free on Pluto TV.

Following the US midterm elections, Samir Saran emphasized India's need to navigate trade negotiations with patience. He believes aggressive US tariff threats are often part of larger negotiations rather than immediate policy changes. Saran indicated that both domestic political shifts and bipartisan support in Congress ensure continuity of US trade goals. India can leverage its vast market to secure advantageous terms during negotiations.

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.

NTPC Limited has submitted proposals to establish coal gasification projects for producing urea, methanol, and dimethyl ether. The Ministry of Coal announced that applications for the third round will open on November 10. January 11, 2027, is set as the deadline for these applications. The government's initiative aims to expand domestic production and support the broader use of indigenous resources.

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.

India's unemployment rate saw a decline to 5.1% from 5.4% in the prior quarter. The decrease in unemployment primarily occurred in rural areas, where it fell to 4.3%. The survey indicated that more individuals were either working or seeking jobs during this period. Women's employment participation also improved, rising to 34.7% from 33.2%. The overall employment figure reached approximately 57.9 crore individuals in India.

PHD Chamber of Commerce and Industry has made recommendations for the Union Budget 2027-28. They have proposed abolishing long-term capital gains tax and reducing short-term capital gains tax rates. The chamber has also called for relaxed loan repayment norms and higher loan limits for MSMEs. They highlighted the economic significance of MSMEs in India's GDP and employment. Improved access to credit and equity support could enhance India's global manufacturing position.

India is poised for record wheat planting this season, supported by government incentives and soil moisture. The final wheat output will depend significantly on weather patterns influenced by El Nino in April and May. El Nino typically brings above-average rainfall to key wheat-growing areas but may also increase flooding risks. Adequate snow cover from expected precipitation could benefit both overwintering crops and reservoir replenishment.

Resolven has successfully mobilised USD 900 million in financing from 15 diverse lenders this year. The funds consist of USD 700 million in debt financing and USD 200 million in non-fund lines. Earlier this year, the company became an independent renewable energy entity focusing on growth projects. It aims to expand renewable capacity significantly, targeting more than 1.5 GW annually by 2030.

India is in a favourable economic position due to declining crude oil prices and increasing foreign investment inflows. The Indian rupee is currently undervalued, and there is potential for appreciation if geopolitical tensions ease. Expectations suggest one more interest rate hike from both the Federal Reserve and the Reserve Bank of India. Additionally, shifting global investment sentiment is favoring markets such as India beyond artificial intelligence stocks.

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.

Indian state-run miner NMDC Ltd is in talks with Russia's Rosatom to invest in lithium projects. These discussions are part of India's strategy to secure supplies for battery and EV industries. NMDC aims to enhance its global mineral diversification strategy and has formed a team for due diligence. The Indian government is investing in domestic processing of critical minerals to reduce import dependence.

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 Council for the Indian School Certificate Examinations (CISCE) on Tuesday announced the schedule for the Indian Certificate of Secondary Education (ICSE Class X) and Indian School Certificate (ISC Class XII) Year 2027 Examinations.A total of 379,980 candidates are set to appear for the two examinations, the board said, reaffirming its reach and its continued commitment to delivering credible, fair and high-quality school-level assessments.Also read: ISCE Class 12 Board Exam Timetable 2027

Jaguar Land Rover (JLR) will enter India's luxury electric vehicle market in 2027 with the Range Rover Electric and Range Rover Sport Electric. The company will also launch the new Jaguar GT next year. JLR India plans to initially import the EVs to test demand, expand its retail network to 40 outlets and capitalise on India's growing premium car market.

Young investors often find it difficult to manage their finances as rising number of responsibilities and expenses take a toll on savings. But billionaire and market veteran Warren Buffett has some advice for them.Buffett took control of a struggling textile company at the age of 35 in 1965 and transformed it into Berkshire Hathaway, now valued at more than $1 trillion, with annual after-tax operating earnings of about $45 billion. Buffett handed over the CEO role to longtime deputy Greg Abel th