SENSEX
NIFTY
GOLD
USD/INR

Weather

image 15    C

Global Business News

News

Global Business / The Economic Times

MSFT stock price: Microsoft stock falls today after slashing AI sales targets what investors need to know

MSFT stock today: Microsoft shares saw a dip on Wednesday. This followed reports that several company divisions have reduced sales growth targets for specific artificial intelligence products. This adjustment comes after many sales staff did not meet their goals for the fiscal year ending in June. The move is considered unusual for Microsoft, especially within its Azure cloud division.

3 Dec 2025 8:47 pm
World Bank warns developing world 'not out of danger' as debt costs hit record

In its annual International Debt Report, the Washington-based lender also found that overall interest payments had hit a fresh record of $415.4 billion in 2024 despite some relief from falling global interest rates.

3 Dec 2025 8:39 pm
Piyush Goyal asks industry to lower dependence on single geography amid trade weaponisation

Commerce and Industry Minister Piyush Goyal urged industries to identify vulnerabilities, innovate, and diversify supply chains to ensure long-term resilience, citing the weaponization of trade. He highlighted India's strong economic growth of 8.2% and robust foreign exchange reserves, emphasizing the need for self-sufficiency in critical sectors and deeper global integration.

3 Dec 2025 8:38 pm
Spotify Wrapped 2025: How to find Spotify Wrapped 2025? Bad Bunny defeats Taylor Swift as most-streamed artist

Spotify Wrapped 2025 is in the App. Your year in audio is waiting. Head to the mobile app to join the celebration, Spotify stated on its website.

3 Dec 2025 8:32 pm
India-Russia Su-57 agreement may be affected by rival countries, says Kremlin

President Putin's upcoming India visit will feature discussions on the advanced Su-57 fighter jet, with Russia calling it the world's best. Despite past disagreements on a joint fighter program, India is reportedly considering the Su-57 and S-500 air defense system, bolstering a deep defense partnership. Russia also emphasized its vital role in India's energy security.

3 Dec 2025 8:29 pm
Ex-Brahmos scientist walks out of Maharashtra jail after 7 years

Scientist Nishant Agarwal walked free after seven years in jail. The Bombay High Court cleared him of spying charges for Pakistan. Agarwal was arrested in 2018. The court found no evidence of intent to harm national security. He was working at the BrahMos missile centre.

3 Dec 2025 8:28 pm
Will the missing Malaysian Airlines MH370 plane be found this time? Ocean Infinity zeroes in on this region

MH370 Malaysian Airlines Boeing 777 plane disappeared from radar shortly after taking off on March 8, 2014, carrying 239 people, mostly Chinese nationals, on a flight from Malaysias capital, Kuala Lumpur, to Beijing.

3 Dec 2025 8:01 pm
Andhra Pradesh School Holiday on December 4: Will schools be closed? Check full update

Cyclone Ditwah is moving towards the coasts of Chennai, Puducherry, and southern Andhra Pradesh. Heavy rainfall is expected until December 4, 2025. Some districts in Andhra Pradesh have declared school holidays. Decisions for December 4 will be made based on weather conditions. Chennai and surrounding districts are experiencing continuous rain and waterlogging.

3 Dec 2025 7:47 pm
India, Russia likely to discuss advanced variants of BrahMos missiles

A need has been felt in the country for developing the lighter variants of the missiles like the BrahMos NG which can be fitted on all types of fighter aircraft of the Indian Air Force with capability to hit targets at over 400 km and longer range versions of the missiles which can engage targets at more than three times of the present capability, defence sources told ANI.

3 Dec 2025 7:45 pm
FDA cheese recall: Over 1.5 million bags may contain metal fragments check affected brands and what to do next

FDA recalls shredded cheese: Consumers should check their shredded cheese. Great Lakes Cheese Co. recalled over 1.5 million bags of cheese. Metal fragments may be present. Affected products are sold under many store brands at major retailers. The recall was upgraded to a Class II recall. Consuming these products may cause adverse health consequences.

3 Dec 2025 7:38 pm
Delhi LG's residence renamed to 'Lok Niwas' from 'Raj Niwas'

Delhi's Raj Niwas, the official residence and office of Lieutenant Governor VK Saxena, has been officially renamed 'Lok Niwas' following directions from the Ministry of Home Affairs. The change was announced via a notification from the Lt Governor Secretariat, with the official X handle also updated. This renaming follows the christening of the new PMO complex as 'Seva Teerth'.

3 Dec 2025 7:26 pm
Jobs in U.S: 32,000 private sector employment lost in November as lay offs reality strikes hard, claims report

U.S. economy added 119,000 jobs in September, with the unemployment rate rising to a four-year high of 4.4 per cent.

3 Dec 2025 7:17 pm
Clip of Indias newlywed bride in a ghoonghat playing guitar goes viral; Heres how social media reacted

A video of a newlywed Indian bride performing a song on guitar while wearing a ghoonghat has sparked a debate. While many admired her talent and confidence, others questioned the tradition of covering her face. The clip highlights the ongoing discussion about balancing cultural customs with individual expression for women.

3 Dec 2025 6:56 pm
BTC USD price today: Why is Bitcoin surging and why $200 billion in market cap was added in 36 hours - altcoins join crypto rally

Bitcoin price today: Crypto markets surged as Vanguard reversed its Bitcoin ETF ban. Bitcoin prices jumped significantly, reaching over $93,000. This move, alongside Bank of America's recommendation for crypto exposure, boosted investor confidence. Institutional demand saw BlackRock's IBIT ETF record substantial trading volumes. The rally extended to major altcoins, indicating broad market strengthening.

3 Dec 2025 6:55 pm
This island in Abu Dhabi has paired a Bollywood actor with an AI influencer to tap young Indian travellers

Yas Island Abu Dhabi is captivating India's youth with its Smash the Ordinary campaign. Bollywood actress Sahher Bambba teams up with AI influencer Naina on Instagram reels, showcasing Ferrari World, SeaWorld, and Warner Bros. World.

3 Dec 2025 6:54 pm
Army chief Munir deliberately 'igniting tensions' with Afghanistan: Former Pak PM Imran Khan

Jailed former Pakistani PM Imran Khan accused army chief Asim Munir of disastrous policies, claiming they fueled terrorism and strained relations with Afghanistan to please Western powers. Khan alleged he and his wife are subjected to psychological torture in solitary confinement, with access to lawyers and family denied despite court orders.

3 Dec 2025 6:51 pm
Gold price, silver rate: Gold rate, silver price fall, all eyes now on U.S. Fed interest rate cut meeting

Silver price, gold rate are down on Wednesday. Silver fell 0.5 per cent to $58.15 an ounce after touching a record high of $58.94.

3 Dec 2025 6:50 pm
Global finances in peril? Debt levels hit insane highs as Japan, US, China, EMU lean on leverage

Global debt is exploding. Major economies are facing a severe debt crisis, with debt-to-GDP ratios at unprecedented levels. Japan leads with a government debt-to-GDP ratio exceeding 230%, the highest worldwide, followed by the US at about 125%, and China at an all-time high near 115%. The European Economic and Monetary Union (EMU) maintains a high ratio near 95%. This leveraging trend is accompanied by a global public debt load nearing $338 trillion, exacerbated by rising interest rates that mak

3 Dec 2025 6:47 pm
YouTube brings back year-end nostalgia with first-ever Recap: Here's how you can access it

YouTube is rolling out its first-ever Recap in India this week, giving users a personalised look back at everything they watched in 2025.

3 Dec 2025 5:51 pm
India T20I squad vs South Africa announced; Shubman Gill, Hardik Pandya return

The Board of Control for Cricket in India has revealed the Indian squad for the upcoming T20I series against South Africa. Suryakumar Yadav will lead the team as captain, with Shubman Gill as his deputy. The series comprises five matches, commencing on December 9, 2025.

3 Dec 2025 5:50 pm
Best shows on HBO Max: Welcome to Derry scores 3rd-biggest debut as shows dominate streaming

HBO Maxs December lineup offers an impressive blend of content, highlighted by the standout success of IT: Welcome to Derry. This Stephen King prequel series has captivated viewers since its October 26 premiere, receiving a 79% Rotten Tomatoes score and gaining 5.7 million audiences on opening weekend. Along with it, fresh releases such as Heated Rivalry and additions like Mad Men expand the platforms variety.

3 Dec 2025 5:46 pm
Lottery results today: Who won the $90 million Mega Millions Jackpot? Here's the lucky state and winning numbers

Lottery results today: A New Jersey lottery player is now a multimillionaire after winning the $90 million Mega Millions jackpot on December 2, 2025. While Ohio missed the grand prize, thousands of residents secured smaller winnings. The Mega Millions jackpot resets to $50 million for the next drawing, with improved odds for players.

3 Dec 2025 5:41 pm
Assam: Himanta Biswa Sarma accuses Congress of making U-turn on ST status issue

Assam Chief Minister Himanta Biswa Sarma said opposition parties disrupted Parliament, preventing discussion on Scheduled Tribe status for six communities. Protests against the proposal occurred in Dima Hasao district and Kokrajhar. Students voiced concerns about diluted rights. The Chief Minister accused Congress of a U-turn on the issue.

3 Dec 2025 5:32 pm
Chris Paul released by La Clippers: Why has NBA 12-time All-Star legend been 'sent home'? Check reason, stats, achievements

NBA All-Star played with New Orleans for six seasons, then was traded to the Clippers in 2011. He later played for the Houston Rockets (2017-19), Oklahoma City Thunder (2019-20), Phoenix Suns (2020-23), Golden State Warriors (2023-24) and San Antonio Spurs (2024-25).

3 Dec 2025 5:32 pm
SC to review earlier verdict on ISKCON Bangalore temple ownership

The Supreme Court will re-examine its May 2025 ruling on the Bengaluru ISKCON temple ownership. A review petition filed by ISKCON India has been accepted. The court will reconsider its earlier decision which declared the ISKCON Karnataka Society as the owner. ISKCON India maintains that only the 1971 Mumbai registration is the official ISKCON society in India.

3 Dec 2025 5:06 pm
3 Dec 2025 5:05 pm
Giving SC benefits to converts to Christianity is a fraud on the Constitution: Allahabad High Court

The Allahabad High Court has ordered the Uttar Pradesh government to cease Scheduled Caste benefits for individuals converting to Christianity. The court stated that continuing these benefits would be a fraud on the Constitution. It emphasized that only Hindus, Sikhs, and Buddhists are recognized as Scheduled Castes.

3 Dec 2025 5:02 pm
Mortgage rates today: Will rates fall soon? Heres the latest mortgage rate forecast as a Fed rate cut looms

Mortgage rates are holding steady as December opens. Zillow shows the 30-year fixed at 6.11% and the 15-year at 5.52%. Realtor.com now projects the 2026 average near 6.3%, slightly below 2025s 6.6%. Markets are watching the Fed, with a December rate cut still uncertain. Any move may keep mortgage costs in a tight, modestly lower range.

3 Dec 2025 5:02 pm
Turkey discusses Black Sea safety with NATO after attacks on Russian ships

Ankara, a NATO member that has kept warm relations with both sides in the Russian war in Ukraine, has condemned attacks on vessels with links to Moscow that took place inside Turkey's exclusive economic zone off its coast in the Black Sea.

3 Dec 2025 5:00 pm
School Assembly News Headlines for 4th December: Top national, international, sports & business news update

Major news unfolds on December 4, 2025. Calcutta High Court upholds primary teacher jobs. Jasir Wani's NIA custody extended. Sabarimala gold loss case sees bail plea rejected. India's CAD widens due to gold imports. US H-1B visa oversight intensifies. HSBC appoints a new chairman. US-Russia talks on Ukraine are constructive. Virat Kohli scores back-to-back centuries. China's services growth slows.

3 Dec 2025 4:56 pm
Kremlin says ready to hold as many Ukraine talks with US as necessary

Putin held hours of late-night talks with Donald Trump's envoy Steve Witkoff and son-in-law Jared Kushner Tuesday, but neither side announced headway on a peace settlement to end almost four years of war in Ukraine.

3 Dec 2025 4:55 pm
Bihar govt tables Rs 97,717-crore second supplementary budget

A sum of Rs 51,253 crore has been earmarked for the annual expenditure on schemes, while Rs 40,462 crore is meant for establishment and committed expenditures.

3 Dec 2025 4:53 pm
Thank you, Gambhir: Virat fans go berserk as Kohli hits back-to-back ODI centuries against South Africa

Virat Kohli is in exceptional form in the ODI series against South Africa. His two centuries have thrilled fans, who are crediting coach Gautam Gambhir for his resurgence. Kohli has also climbed to number four in the ICC ODI rankings. He will now play in the Vijay Hazare Trophy, boosting Delhi's chances.

3 Dec 2025 4:49 pm
Union Budget 2026: What revenue, fiscal and primary deficits mean for the Indian economy

As the Union Budget 2026 approaches, the revenue, fiscal, and primary deficits are under scrutiny. These indicators reveal the government's financial health, influencing growth and inflation expectations. Policymakers are balancing growth priorities with fiscal consolidation by closely monitoring these key metrics.

3 Dec 2025 4:47 pm
Calcutta HC upholds category status for reserved candidates clearing general cut-off

A ruling from the Calcutta High Court states that reserved-category candidates who achieve general merit will keep their original category benefits. This decision came during a hearing concerning an SSC candidate. The court emphasized that a candidate's declared category remains unchanged even if they qualify under the general quota.

3 Dec 2025 4:42 pm
Who is Valentina Gomez? Republican running for Congress vows to make Texas free from terrorists and illegals; all about her career and controversies

Republican congressional candidate Valentina Gomez released a video vowing to make Texas free of pedophiles and illegals. She also promised to make Texas he worst place for 'groomers,' 'pedophiles,' and illegals to live in, citing perceived threats to the state and nation. In the video clip, which she posted on her X, she also mentioned New York, where Zohran Mamdani won the race for mayor.

3 Dec 2025 4:30 pm
Surat teen dies after crashing new KTM bike at 140 kmph, his two-day old tragic Laila-Majnu in heaven video goes viral

An 18-year-old rider, Prince Patel, died in a high-speed accident near Breadliner Circle in Surat after losing control of his KTM sports bike and hitting a road divider. In a separate incident in Ahmedabad, a speeding motorcyclist in his 20s died after crashing into a BRTS track grill, with police suspecting an illegal race.

3 Dec 2025 3:59 pm
Calcutta High Court upholds jobs of 32,000 primary teachers, overturns single-judge order

The Calcutta High Court has retained the jobs of 32,000 primary teachers, overturning a single-judge order that had dismissed their appointments due to recruitment irregularities. A division bench ruled that innocent teachers should not suffer for the faults of authorities, stating they were not involved in corruption. This decision brings relief to the teachers and the West Bengal government.

3 Dec 2025 3:59 pm
No Delhi trip without invitation, says CM Siddaramaiah as Shivakumar flies to capital

Karnataka Chief Minister Siddaramaiah stated he will only travel to New Delhi if formally invited, following Deputy CM D.K. Shivakumar's visit for a wedding and party event. The two leaders recently displayed unity, but Siddaramaiah's stance highlights potential underlying political dynamics. Shivakumar also mentioned plans for a 'Vote Chori' campaign event in Delhi.

3 Dec 2025 3:48 pm