SENSEX
NIFTY
GOLD
USD/INR

Weather

image 15    C

Global Business News

News

Global Business / The Economic Times

Scindia unveils Rs 645-crore development package for Nagaland at Hornbill Festival

Union Minister Jyotiraditya M. Scindia attended the Hornbill Festival in Nagaland. He participated in a traditional stone-pulling ceremony. The Minister unveiled a significant development package for the state. Projects worth over Rs 202 crore were inaugurated. Foundation stones were laid for new initiatives valued at Rs 443 crore. This marks a total investment exceeding Rs 645 crore.

5 Dec 2025 6:59 pm
Jimmy Kimmel thanks Donald Trump for his support, heres what he said on last nights show

During Thursday nights episode of Jimmy Kimmel Live!, host Jimmy Kimmel offered a tongue-in-cheek thank-you to U.S. President Donald Trump, crediting him for his consistent viewership and unintended support over the past year.

5 Dec 2025 6:57 pm
At 29, she is the youngest self-made billionaire who exactly is Luana Lopes Lara?

Former ballerina Luana Lopes Lara, 29, is now the world's youngest self-made female billionaire after her prediction market startup, Kalshi, reached an $11 billion valuation. Enduring rigorous ballet training and academic challenges, she transitioned to tech, co-founding Kalshi with MIT classmate Tarek Mansour. The platform's success, despite regulatory battles, highlights her resilience and entrepreneurial drive.

5 Dec 2025 6:53 pm
Sagar Defence inaugurates plant in Pune to manufacture uncrewed surface vehicles

The new plant underscores the shared commitment of Liquid Robotics, a Boeing company, and Sagar Defence Engineering to strengthening India's defence industrial base.

5 Dec 2025 6:52 pm
Probe links of international racket in Sabarimala gold loss case, says Congress leader Chennithala

Congress leader Ramesh Chennithala demands a probe into international smuggling links in the Sabarimala gold loss case. He alleges a global racket is involved, with stolen gold potentially worth Rs 500 crore. Chennithala criticizes the state government and CPI(M) for protecting accused leaders.

5 Dec 2025 6:51 pm
Fairport electric outage leaves 18,000 customers without power amid frigid temperatures

A large power outage in Fairport and Perinton left thousands of people without electricity on a very cold morning. Schools had to cancel classes, and families dealt with delays and safety worries. Crews are checking the problem and working on repairs. The outage in Fairport raised concerns as temperatures stayed low and officials warned people to stay safe.

5 Dec 2025 6:49 pm
NFLX stock crash: Why is Netflix stock down today? Will antitrust heat derail Q4 growth?

NFLX shares dropped 0.71% to $103.22 today amid ongoing investor concerns over antitrust scrutiny of Netflix's potential $83 billion acquisition of Warner Bros. Discovery. Market cap sits near $437B with a 43.19 P/E. Shares dropped despite $11.51B Q3 revenue, as antitrust fears over a possible WBD deal triggered a 5% slide and a seven-month low. Investors remain cautious.

5 Dec 2025 6:42 pm
Pvt member's bill in Lok Sabha seeks employees' right to disconnect calls beyond work hours

New bills have been introduced in Lok Sabha. One bill proposes employees' right to disconnect from work calls and emails after hours. Another aims to provide workplace facilities for women during menstruation. A bill seeks to exempt Tamil Nadu from NEET for medical admissions. A separate bill proposes abolishing the death penalty nationwide.

5 Dec 2025 6:40 pm
Palak Muchhal breaks silence on postponement of Smriti MandhanaPalash Muchhal wedding

Singer Palak Muchhal revealed that her brother Palash Muchhal's wedding to Smriti Mandhana was postponed due to sudden medical emergencies. Both families are staying strong and hopeful as Mandhana's father and Palash, who were hospitalized, are now recovering. No new wedding date has been set.

5 Dec 2025 6:34 pm
5 Must-watch Christmas movies on Netflix to stream for instant holiday cheer

Netflixs holiday catalog brings a mix of cozy romances, joyful comedies, and heartwarming family narratives that embody the spirit of Christmas. These movies feature festive settings, uplifting concepts, and relatable characters navigating love, family, and holiday charm. From emotional tales to light-hearted adventures filled with humor, each movie offers a soothing escape during the winter months.

5 Dec 2025 6:28 pm
Oracle debt spirals toward 2008-era danger zones, Morgan Stanley sounds the alarm; Is ORCL still a buy before earnings?

Oracle debt is spiraling toward 2008-era danger, with five-year CDS jumping to 125 bps and possibly hitting 200 bps in 2026 as AI spending soars. Oracles debt has surged to $104 billion in FY2025 and may hit $290 billion by FY2028 as free cash flow turns negative for the first time since 1999. Ratings outlook is now negative. Other hyperscalers remain stronger with large cash reserves. AI capex is rising fast to $600 billion by 2027, intensifying credit risks.

5 Dec 2025 5:54 pm
SSC CGL Tier One result 2025 download at ssc.gov.in: Steps to check scorecard and more

SSC CHSL Result Download at ssc.gov.in: The Staff Selection Commission (SSC) is soon to release the SSC CGL Tier 1 Result 2025 for over 13.5 lakh candidates who appeared in the examination held from September 12-26, 2025. Candidates can check their results and download the final answer key on the official website, ssc.gov.in.

5 Dec 2025 5:52 pm
Another 25-basis-point policy rate cut likely in February MPC: Bank of Baroda economist

The RBI Governor in his MPC statement noted that a are goldilocks opportunity was provided in H1 2025-26 with solid growth and benign inflation.

5 Dec 2025 5:52 pm
Inside the new Trump Accounts: Who qualifies and how this cash-boosting program really works

Trump accounts are a new savings plan for kids that helps families start early with money for the future. The program gives some children a small government boost and lets parents add more each year. The goal is to help young people save for big needs like college or a first home, with rules that guide how the money can grow.

5 Dec 2025 5:52 pm
Netflix to buy Warner Bros Discovery's studios, streaming unit for $72 billion

The agreement - announced on Friday - follows a weeks-long bidding war where Netflix seized the lead with a nearly $28-a-share offer that eclipsed Paramount Skydance's nearly $24 bid for the whole of Warner Bros Discovery, including the cable TV assets slated for a spinoff.

5 Dec 2025 5:44 pm
Uttarakhand: Over 900 lives lost in human-wildlife conflict since 2000

Uttarakhand faces a severe human-wildlife conflict. Over 900 lives have been lost in 25 years due to animal attacks. Recent leopard incidents in Pauri have sparked outrage and fear. The government is taking measures, including compensation and deploying shooters.

5 Dec 2025 5:43 pm
Indian businesses can replace void left by Western companies in Russia, says Roscongress CEO Stuglev

Indian companies can fill the void left by Western firms exiting Russia. Roscongress Foundation CEO Alexander Stuglev expressed optimism about this potential. India and Russia aim to boost bilateral trade to USD 100 billion by 2030. Sectors like pharmaceuticals, IT, and energy offer significant growth opportunities. Russian e-commerce platforms are being showcased to aid Indian small and medium businesses.

5 Dec 2025 5:40 pm
Experts warn Aravali's 100-metre rule risks dismantling its landscape, biodiversity and groundwater systems

A new government definition classifying hills over 100 meters as Aravalis has sparked expert warnings that significant portions of the vital mountain range may lose protection. This decision risks exposing regions like Delhi-NCR to increased dust storms, drought, and severe air pollution, potentially leading to the slow deletion of this natural shield.

5 Dec 2025 5:01 pm
School News Assembly Headlines for 6th December: Top national, international, sports and business update

Railways added an extra coach to the Jammu-New Delhi Rajdhani Express due to IndiGo flight disruptions. Globally, President Putin indicated disagreements with the US proposal to end the Ukraine war, while China's Xi Jinping hosted French President Macron. In sports, India faces South Africa in a series decider, and Sunil Narine achieved a T20 wicket milestone.

5 Dec 2025 4:53 pm
Lok Sabha passes Health Security and National Security Cess Bill, clears cess on pan masala manufacturing units

The Lok Sabha has approved the Health Security and National Security Cess Bill. This paves the way for the government to introduce a special cess. This cess will be imposed on pan masala manufacturing units. The bill's approval marks a significant step in the government's fiscal measures. This development is set to impact the pan masala industry directly.

5 Dec 2025 4:50 pm
RBI Governor Malhotra expects deposit rates to moderate along with lending rates

Reserve Bank of India Governor Sanjay Malhotra anticipates deposit rates will decrease, mirroring falling bank lending rates. He noted that real interest rates are currently high for both borrowers and savers. Data shows a significant drop in deposit and lending rates following repo rate cuts.

5 Dec 2025 4:48 pm
Bengaluru techie quits Rs 25 LPA job to become food delivery partner near university before his wedding; the reason will shock you

A Bengaluru man quit his Rs 25 lakh-per-year job to become a food delivery partner, gathering firsthand data on customer orders and preferences. This unusual move, aimed at informing his future cloud kitchen venture, has sparked online discussions about entrepreneurship and the dignity of work.

5 Dec 2025 4:46 pm
Battlestate Games: Huge discount on Escape from Tarkov Editions, heres how to grab the deal at the earliest

Battlestate Games has said the holiday offer is designed to make its premium content more accessible, while also encouraging current players to consider upgrading their editions.

5 Dec 2025 4:34 pm
How a jeejasaala duo looted diesel through pipelines across four states for 30 years

Delhi Police crime branch arrested Swarn Singh and his brother-in-law Dharmender. They are accused of running an organised diesel theft racket for nearly 30 years. The duo illegally tapped petroleum pipelines across several states. They used rented rooms and hidden tunnels to siphon diesel. The stolen fuel was sold at cheaper rates.

5 Dec 2025 4:19 pm
Report: Iran launches massive missiles during a naval drill near Strait of Hormuz

The drill is the second one following the Israel-Iran war in June that killed nearly 1,100 people in Iran, including military commanders and nuclear scientists. Missile attacks by Iran killed 28 in Israel.

5 Dec 2025 4:14 pm
IndiGo Crisis: Railways adds extra coach to Jammu-New Delhi Rajdhani Express amid flight disruptions

Northern Railways is adding an extra coach to the Jammu-New Delhi Rajdhani Express. This move will help passengers stranded by IndiGo flight cancellations. The additional coach will be available for the next seven days. Passengers can book seats in this coach for a comfortable journey. This railway service offers a reliable alternative for travellers.

5 Dec 2025 3:44 pm
Cloudflares second outage in a month leaves apps and users in limbo

Cloudflare, a major internet provider, was down again. This outage affects trading platforms like Zerodha and Angel One, AI tools, and travel services. Users face login and access issues. This was Cloudflare's second major disruption in a month. The internet's reliance on a few providers is evident.

5 Dec 2025 3:36 pm
Quote of the Day by Oscar Wilde: Be yourself, everyone else is already taken

Quote of the Day: Oscar Wilde stands as one of the most acclaimed literary voices of the late 19th century, celebrated for his enduring impact on theatre, fiction and literary criticism.

5 Dec 2025 3:35 pm
US stock futures on the move today: Dow, S&P 500 and Nasdaq trade higher as Big Tech rallies; Meta, Nvidia and Tesla active in early trade

US stock futures rose early Friday as traders awaited the delayed September PCE inflation report that could shape the Feds Dec. 10 rate call. S&P 500 futures gained 0.2%. Nasdaq 100 rose 0.4%. Dow futures were flat at 47,906. Markets now price an 87% chance of a rate cut. Labor data showed 71,000 layoffs, but jobless claims hit a three-year low.

5 Dec 2025 2:52 pm
IndiGo flight chaos: Newlyweds attend their own reception online, Singapore envoy misses wedding

A newlywed couple missed their wedding reception in Hubballi after IndiGo flights were repeatedly delayed and then cancelled. Stranded in Bhubaneswar, they joined their reception via video call. Relatives travelled from various cities for the event. The bride's father arranged a screen for the virtual attendance. This incident highlights widespread flight disruptions across India.

5 Dec 2025 2:51 pm
Modi, Putin strike deals to turbocharge trade till 2030

India and Russia solidified bilateral ties with multiple agreements signed, including a urea plant deal and MoUs on food safety, shipping, and medical sciences. Both nations also agreed on an economic cooperation program to boost trade until 2030, with India pursuing an FTA with the Eurasian Economic Union.

5 Dec 2025 2:51 pm
IndiGo CEO praised his airlines reliability days before mass flight cancellations

IndiGo's operations faced significant disruption following new pilot rest and duty-hour rules. This came just days after the airline's CEO lauded the team for managing a critical Airbus software update. The new regulations, effective November 1, capped night landings and increased rest periods. This led to crew shortages and widespread flight cancellations across major Indian airports, stranding thousands of passengers.

5 Dec 2025 2:50 pm
Cloudflare down again: When will the services be restored? Here's what the company said about the outage

Cloudflare is down again, as users across the globe have flooded social media with reports of issues and a server error. Cloudflare has provided a status update on its page, mentioning when users can expect the services to be restored normally.

5 Dec 2025 2:41 pm
Cloudflare down again. Netizens flood X with complaints; company issues statment

Cloudflare experienced a global outage affecting popular websites like Canva and Downdetector, prompting widespread user complaints on social media platform X. This marks the second major disruption in a month, following a November outage that impacted services including Spotify and ChatGPT.

5 Dec 2025 2:27 pm
Neither Range Rover nor Mercedes: Why Modi chose Fortuner for drive with Putin; Theories emerge

During Vladimir Putin's visit to Delhi, Prime Minister Narendra Modi opted for a Toyota Fortuner instead of his usual Range Rover for their private drive. This choice, sparking widespread discussion, is seen by analysts as a calculated message to the West amidst sanctions, while others point to practical seating arrangements and the 'Make in India' initiative.

5 Dec 2025 1:34 pm
Red Fort blast: Court extends NIA custody of accused Soyab by 10 days

A Delhi court has extended the NIA custody of Soyab, accused of harbouring Red Fort bomber Umar-un Nabi, for another 10 days. Soyab, arrested for allegedly providing logistical support, is the seventh accused in the case linked to a terror module. The NIA continues its investigation and searches across states to identify others involved in the attack.

5 Dec 2025 1:31 pm
Knee Care 101 by Dr Shriram Nene

Strong knees support every movement you make, and even after that, theyre often the most ignored joints. Dr. Nene highlights that neglect leads to stiffness, swelling, and chronic pain. Simple routines, smart movement, and mindful choices can keep your knees youthful and strong.

5 Dec 2025 1:19 pm
The new world disorder

The new world disorder clearly requires sending clear signals to the USA and especially President Trump. There are and should be limits, even with suffocating pressure and tariffs. The Indians know this, and the visit sends a clear message to the White House: nothing can be taken for granted when it comes to India.

5 Dec 2025 11:40 am
Dhurandhar OTT Release: When and where to watch Ranveer Singhs spy thriller online?

Dhurandhar OTT Release: Ranveer Singh returns to cinemas with the high-octane spy thriller Dhurandhar, released on December 5, 2025. The film, inspired by real-life RAW operations, has garnered overwhelmingly positive early reviews, with audiences praising its intense action and patriotic storyline.

5 Dec 2025 11:36 am