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Economy / The Economic Times
Detroit is preparing to celebrate one of its most beloved holiday traditions as the Detroit Thanksgiving Parade 2025 returns on Thursday, featuring an elaborate lineup of balloons, marching bands, celebrities and mascots.
The Reserve Bank of India is poised to lower its key interest rate by 25 basis points to 5.25% on December 5. Economists anticipate this rate will remain steady through 2026. This move is supported by a significant drop in food prices and tax cuts, which have lowered consumer inflation.
Army Chief Gen Upendra Dwivedi highlighted a shift to an uncertain global order. He presented key strategies for the Indian Army's transformation. These include self-reliance, accelerated innovation, adaptation, and military-civil fusion. The goal is to ensure the force remains decisive and future-ready. This initiative aims to build a strong and secure India.
Big savings on streaming services are here for Black Friday 2025. Get a year of Disney+ and Hulu for just sixty dollars. Apple TV+ is six months for thirty-six dollars. HBO Max offers a full year for only thirty-six dollars. Paramount+ is two months for six dollars. MasterClass has annual subscriptions up to fifty percent off.
Nvidia CEO Jensen Huang wants employees to use AI tools for all possible tasks and promised jobs are safe. The company is hiring fast and opening new offices in the U.S. and Asia. Some investors worry about an AI bubble, but Nvidia keeps growing. The message: AI helps work, and the company is preparing for the future.
Deputy Chief Minister DK Shivakumar has posted a cryptic message on X, signaling his desire to become Chief Minister. He is reportedly seeking to uphold a promise made by the Congress leadership. The party president has called for a meeting to resolve the ongoing political situation. Meanwhile, the Chief Minister's son stated his father would complete his term.
Jackson Brownes son, Ethan Browne, has passed away at 52. The Raising Helen icon was found unresponsive in his home on Tuesday, as per the Facebook post by Jackson, 77. It is with deep sorrow that we share that on the morning of November 25, 2025, Ethan Browne, the son of Jackson Browne and Phyllis Major, was found unresponsive in his home and has passed away, the statement stated.
Thanksgiving 2025: With banks, post offices and financial markets scheduled to remain closed on Thursday, Nov. 27, attention has turned to whether major pharmacy chains will be available for last-minute prescription needs, and whether their stores will operate on Thanksgiving.
India's net banking is set for a major upgrade with NetBanking 2.0, aiming for simpler and safer online payments. The new system routes users directly to their banking apps or offers a QR code option, eliminating the need for forgotten IDs and passwords. This mobile-first approach enhances user experience and security through AI and ML-driven fraud detection.
Haier Appliances India seeks Rs 1,000 crore capital infusion from its parent company, potentially for a third manufacturing plant in South India. The company has surpassed Whirlpool India in sales, becoming the third-largest consumer electronics firm. This move comes as Haier is also reportedly in advanced talks to sell a 49% stake to Bharti Group.
Mortgage rates today November 27, 2025: Mortgage rates have fallen to their lowest point since October 2024, with both 30-year and 15-year fixed rates decreasing this week. Freddie Mac reported a 6.23% average for 30-year fixed rates and 5.51% for 15-year fixed rates. Zillow's data shows similar downward trends across various loan types, including purchase and refinance options.
A new commentary in Nature Human Behaviour argues that the race toward human level AI is built on a flawed assumption. Neuroscientists Evelina Fedorenko, Steven Piantadosi and Edward Gibson show that language is a communication tool, not the basis of thought, meaning better language models will not produce human style intelligence. Evidence from brain imaging and clinical cases reveals that humans think independently of language, suggesting AI fluency cannot translate into true reasoning or cogn
Starbucks' Thanksgiving Day 2025 hours will vary by location, with many stores operating on reduced schedules. Customers are advised to use the Starbucks store locator or contact their local store directly to confirm operating times. While no special Thanksgiving drinks are offered, the holiday menu is available, and a whole bean coffee blend is also an option.
Powerball Results Today: The Nov. 26 Powerball drawing offered a $681 million jackpot with a $315.7 million cash option. The winning numbers were 7, 8, 15, 19, 28 and Powerball 3 with a 3X Power Play. No ticket matched all numbers. Four tickets in California, New Jersey, Pennsylvania and South Carolina won $1 million. The next drawing is on Nov. 29.
If you are planning to buy alcohol for Thanksgiving, its essential to know Tennessees statewide sales guidelines. Liquor shops must close on Thanksgiving, as state law bans the sale of spirits on Thanksgiving, Christmas and Easter. Shoppers should purchase wine and liquor earlier, as only beer remains available.
Many U.S. businesses are finding holiday planning hard because tariffs and higher costs are changing their Black Friday plans. Some stores may give smaller deals, while others might skip big discounts to protect profits. Shoppers are also spending less because of inflation. Experts say this mix of rising costs and weak demand could make the shopping season very unpredictable.
With Thanksgiving preparations underway across the United States, last-minute grocery runs continue to be an annual tradition for many families. As households begin putting together elaborate holiday spreads, shoppers are eager to know which stores will be open and which will remain closed.
Northeast tribal leaders, including Meghalaya CM Conrad K. Sangma, rallied in Agartala advocating for 'One North East' unity. They stressed the need to collectively protect land rights, customs, languages, and culture against internal divisions. The call for solidarity aims to strengthen the region's voice and welfare, with a new regional political front recently formed to champion indigenous causes.
Haryana RERA has ordered real estate developer MRG to reinstate a buyer's cancelled unit within 30 days and pay delay possession charges. The developer had cancelled the unit in July 2023 despite the buyer paying over 100% of the sale consideration. RERA found the cancellation invalid due to insufficient notice period for payment.
France is launching a new 10-month military service program for young volunteers starting next summer. This initiative aims to strengthen national defense in response to growing concerns about Russia's actions in Europe. President Macron emphasized that volunteers will not be deployed to Ukraine. This move aligns with other European nations also boosting their military readiness.
The Oberoi Group has opened The Oberoi Rajgarh Palace in Khajuraho. This luxury hotel is a restored 350-year-old palace. It is set on a 76-acre estate. The palace is near Panna National Park and the UNESCO World Heritage temples of Khajuraho. The restoration preserved the palace's heritage. It offers contemporary comforts for travelers. The estate features 65 rooms and suites.
Noida's office market is set for a significant shift with the upcoming Noida International Airport. The city will see a surge in institutional Grade A+ office space by 2028, attracting multinational corporations previously favoring Gurgaon. This development, coupled with infrastructure upgrades and policy support, is transforming Noida into a competitive business hub.
Launched in 2015, the Pradhan Mantri MUDRA Yojana has successfully distributed Rs 34 lakh crore in collateral-free loans, reaching over 55 crore beneficiaries. With the aim of bridging the funding gap for the often neglected segments of society, a new campaign, 'Aapki Poonji Aapka Adhikar', is now urging citizens to reclaim unutilized assets.
Jail authorities have refuted viral rumors claiming the death of former Pakistan Prime Minister Imran Khan, stating he is safe and receiving medical attention. The 73-year-old PTI chief remains incarcerated in Adiala Jail, a facility with a notorious history, where he is being provided all necessary facilities.
A woman in her mid-20s shared on Reddit that even after a major glow up through weight loss, skincare and lifestyle changes, her insecurities didnt disappear as she expected. She said people treated her far better after her transformation, which made her realise how real pretty privilege is and how harshly she had been judged before. Despite the external change, she still struggles with self-criticism, body image and the emotional wounds from her past.
Need last-minute Thanksgiving groceries? Several stores offer holiday hours, with some remaining open on Thanksgiving Day. Others will close for the holiday and reopen for Black Friday shopping. Check specific store hours for Aldi, Costco, Crest, Fresh by Reasor's, Natural Grocer's, Sam's Club, Sprouts, Target, Walmart, Winco, and Whole Foods.
Adiala Jail authorities have refuted social media rumors claiming former Prime Minister Imran Khan is in poor health, stating he is in completely good health. The jail administration confirmed Khan remains in Adiala Jail and is receiving necessary care, while PTI demands family meetings and a transparent state statement on his well-being.
India's food service market is projected to exceed USD 125 billion by 2030, with the organized sector set to double and surpass the unorganized segment. This growth is fueled by rising incomes, digital adoption, and a consumer appetite for convenience and experimentation, including a surge in demand for healthy options and diverse global and hyper-regional cuisines.
As Thanksgiving 2025 gets underway, many Americans planning a busy day of cooking, travel and family celebrations are checking whether their local Dunkin Donuts will be open.
A video post by Delhi-based Surgical Gastroenterology Specialist Dr Anshuman Kaushal is questioning the growing obsession with superfoods. In the post he argues that popular items like chia seeds, quinoa, apple cider vinegar and avocado are marketing-driven trends with limited scientific support. He stresses that fat loss depends on calorie deficit and muscle mass, not miracle foods, and highlights Indian staples such as dahi, moringa, nuts, millets and mustard oil as more affordable, effective
Dan Ives says AI stocks are not in a bubble. He cites adoption at just 3% in the US and under 1% globally. He argues valuations reflect real demand, not speculation, with Nvidia chips still in shortage. Ives expects AI-driven capex to hit $550$600 billion by 2026. He highlights 10 core stocks leading this early-stage AI surge.
The Supreme Court will decide when to hear cases on state taxes for mineral rights. This follows a major ruling that states have the power to tax minerals. The Centre has filed a curative petition against this verdict. Individual state petitions can only be heard after this central plea is resolved.
Starbucks India unit reported a modest 5% rise in revenue to 1,277 crore in FY25 even as losses deepened 65% to 135.7 crore, marking a sharp contrast to the brands early years when customers queued for hours outside its first Mumbai store. Thirteen years after its debut and with 500 outlets, the chain is now under pressure to fix a high-cost model that Tata Consumer, its joint venture partner, says no longer works in a price-sensitive market.
Mumbai's High Court dismissed claims that an Ethiopian volcanic eruption caused the city's poor air quality, stating pollution levels were high long before. The court, observing Delhi's alarming AQI, questioned authorities on effective solutions. The matter is scheduled for further hearing. The volcano erupted Sunday, sending an ash plume towards India.
A devastating fire at Wang Fuk Court in Tai Po, Hong Kong, claimed at least 55 lives. Dozens were injured, and hundreds were displaced. The blaze, one of the city's worst in decades, engulfed several buildings. Investigations are underway into the rapid spread of flames, with authorities examining construction materials and high winds.
New labour laws aim to help regular wage workers in India's non-agriculture sector. Many workers currently lack social security benefits, written job contracts, and paid leave. Women face a greater gender gap in accessing these benefits. These changes are set to improve conditions for a significant portion of the workforce.
Union Budget 2026: India's space industry is urging the government to triple its budget to 0.12% of GDP and launch a public-funded national satellite connectivity mission. These proposals, submitted to the Finance Minister, aim to enhance communication services in remote areas and bolster India's strategic ambitions and leadership in the Indo-Pacific region.
As New York City gears up for the iconic Macys Day Thanksgiving Parade, officials have detailed a series of street closures throughout Manhattan to accommodate the large crowds anticipated for the holiday event.
Pune-based tech professional and social media creator Rohit Yadav shared advice on how job seekers can make a strong impression at the end of interviews. He highlighted that many candidates miss an important opportunity by saying they have no questions. Yadav suggested asking thoughtful questions about role expectations, team challenges, performance metrics, future responsibilities, and the interviewers personal experience at the company.
A resurfaced 2018 interview shows Kamal Haasan revealing how political language tensions kept him away from Hindi films for nearly 10 years of his childhood. He shared that watching the 1968 film Padosan changed his perception when Mehmood Alis performance deeply impressed him, turning initial suspicion into lifelong admiration. Haasan later formed a close friendship with Mehmood, calling the bond heartfelt and unexpected, symbolising how cinema can unite beyond cultural divides.
UP Warriorz retained star all-rounder Deepti Sharma for 3.2 crore at Thursdays Womens Premier League (WPL) mega auction in New Delhi, using their Right to Match (RTM) card. An intense bidding war with Delhi Capitals saw the price rise from her base of 50 lakh before UP Warriorz matched the final bid.
As Thanksgiving 2025 is in progress, Americans busy with holiday meals or traveling between states are also seeking convenient dining choices. Although many essential services shut down for the federal holiday, a number of retail and restaurant chains continue to operate with limited hours.
Top Indian medical graduates are increasingly favouring stable fields like general medicine and radiology over demanding surgical specialities, a new report reveals. NEET-PG 2025 counselling data shows a significant drop in general surgery admissions, with students citing long training, burnout, and medico-legal pressures as key deterrents. This shift raises concerns about future shortages in essential surgical fields.
The BJP has accused Pakistan, Bangladesh, Malaysia, Singapore, and other countries of creating social media accounts to build an anti-India narrative. Party MP Sambit Patra claimed these accounts are working at the behest of Rahul Gandhi and the Left ecosystem.
The Income Tax department has identified individuals who have not reported foreign assets in their income tax returns. These taxpayers will receive SMS and emails starting November 28. They are advised to file a revised ITR by December 31, 2025. This action aims to ensure accurate reporting of foreign assets and income. Failure to comply may lead to penal consequences.

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