National / The Economic Times
Donald Trump and Zohran Mamdani talked about New Yorks rising living costs and high utility prices. They agreed that many people are worried about bills, safety, and daily expenses. Their meeting highlighted growing anger at Con Edison rates and how affordability is becoming a big issue for voters. Utility costs and New York prices are now major political concerns.
Thanksgiving 2025 will see millions travel across America. A significant storm is forecast to hit the eastern two-thirds of the nation. This weather event is expected to cause travel delays on roads and at airports. Travelers are advised to prepare for potential disruptions during the busy holiday period. Millions will be on the move.
Nvidia share price, Google-parent Alphabet stock pushed Dow Jones, S&P 500, Nasdaq higher.
This weekend's streaming lineup features a diverse array of new releases across Netflix, Prime Video, and Peacock. From the animated fantasy of The Mighty Nein to the psychological drama If I Had Legs I'd Kick You and Ed Sheeran's One Shot, there's something for every viewer. Don't miss the return of A Man on the Inside and the U.K.
Social Security benefits explained: Many Americans misunderstand Social Security rules. Your 35 highest-earning years determine benefits. Claiming age impacts monthly checks, with early filing reducing payments and delaying increasing them until age 70. Social Security was designed to cover only about 40% of pre-retirement income. Additional retirement savings are crucial for a secure future.
A new US plan for the Ukraine war has created big tension. Donald Trump set a short deadline, and Ukraines President Zelenskyy says the pressure is very strong. The proposal includes major changes for Ukraine, and leaders in Europe are reacting carefully. The situation shows how serious the talks are and how much is at stake.
Ira contribution limit 2026 $7,500: The IRS has announced the 2026 IRA contribution limit will be $7,500. Saving this amount monthly could lead to significant retirement funds. Investing in an S&P 500 index fund could grow savings to $1.38 million. A balanced 60/40 portfolio might yield over $882,000. These figures offer a glimpse into future retirement wealth.
The latest draft has done away with the options that represented different countries and negotiating group positions. The balance between emission reduction, adaptation, and enablers is also missing. The draft calls for countries to accelerate the full implementation of NDCs but omits any language on a road map on transitioning away from fossil fuels.
The Serious Fraud Investigation Office (SFIO) has implemented digital safeguards, including QR codes and unique identification numbers on summons and notices, to prevent impersonation and misuse. A multi-layer review mechanism now oversees the issuance of these official communications, enhancing transparency for citizens and companies.
Israel anticipates major trade gains from the India-Middle East-Europe Economic Corridor. This ambitious project, linking India to Europe via the Middle East, will see Haifa port become a key gateway. The corridor's success hinges on expanding the Abraham Accords. India's rapid economic growth makes it a crucial partner for Israel, contrasting with Europe's slower pace.
Winter is a cheap time to travel in the U.S. because flights and hotels cost less. Many cities offer good winter trips under $500, with easy sightseeing and fewer crowds. These places give simple activities, warm food spots, and relaxed winter views. It is a good season for short breaks, weekend plans, or a quick budget getaway.
A trust that fails to unambiguously put down these conditions would not receive tax benefits offered to donors as well as charitable trusts.
The new GDP series, with base year 2022-23, will be released on February 27, 2026, replacing the current 2011-12 base. The new series will use more granular data, driven by the availability of administrative datasets and annual enterprise surveys.
India is introducing new labour codes. These codes simplify workplace rules across all sectors. They aim for universal minimum wages and social security for gig workers. Flexible work arrangements and digitized compliance are key features. The changes promote worker protection and ease of doing business. These reforms are set to modernize India's labour landscape.
New labour codes mandate online aggregators and marketplaces to contribute 1-2% of their annual turnover to a gig worker welfare fund. This move, impacting companies like Zomato, Swiggy, Uber, and Amazon India, aims to provide welfare benefits through an Aadhaar-linked Universal Account Number for gig and platform workers.
Trump Mamdani meeting: Both U.S. President Donald Trump and New York City Mayor-elect Zohran Mamdani hail from the Queens borough of New York City and both are masters of political theater -- but their styles couldn't be more different.
Jen Shah, a star of The Real Housewives of Salt Lake City, will be released from federal custody earlier than her original sentencing date. Her release date has been reduced multiple times due to good behavior and participation in prison programs. Shah is reportedly focused on reuniting with her family and building a healthier life after her incarceration.
High blood pressure, a silent killer, affects many Americans. Experts offer tips to manage it. Dietary changes, like reducing sodium and following the DASH diet, are crucial. Regular physical activity, including yoga, helps lower blood pressure. Quitting smoking and limiting alcohol are also recommended. Understanding the causes and taking proactive steps can lead to better health.
Now the onset of November and the prospect of December seem to centre on only one thing in Delhi: Air Quality Index or AQI. And that other related acronym, PM-Particulate Matter-with its two numerical appendages, 2.5 and 10. There is nothing quite so joyless as waking up to first check whether the capital is in Severe or Hazardous, or, if we are lucky, merely Poor or Very Poor. That the latter classification actually evokes relief is truly tragic.
IRS raises IRA contribution limit to $7,500 in 2026. Traditional and Roth IRAs jump from $7,000. Catch-up contributions for 50+ rise to $1,100. Singles can deduct contributions up to $91,000 income, married couples up to $149,000. Roth IRA limits also rise, letting more earners contribute tax-free. 401(k) plans increase to $24,500, with catch-up of $8,000 for 50+. Super catch-up for 6063 adds $11,250. Small increases now mean big long-term growth. Maximize contributions, check income limits, and
Tamil Nadu's Chief Minister MK Stalin has declared that the state will pursue constitutional amendments to ensure there are specific timelines for governors to approve legislative bills. This decision arises after the Supreme Court indicated that governors cannot be subjected to court-imposed deadlines.
Outgoing CJI BR Gavai stated the Constitution bench used a swadeshi interpretation in its Presidential Reference opinion, prioritizing Indian precedents over foreign ones. The bench unanimously ruled that imposing timelines on the President and governors for bill assent was erroneous and uncalled for, emphasizing constitutional elasticity.
Mitchell Starc, spearheading the home attack in the absence of the injured Pat Cummins and Josh Hazlewood, took a career-best 7-58 as Australia dismissed the tourists for 172 before tea. The large visiting contingent in the crowd of 51,531 were soon in full voice, however, as England skipper Ben Stokes led a pace counter-offensive to rip through the Australian batting order and claim his own five-wicket haul with figures of 5-23.
The National Commission for Minority Educational Institutions has taken a firm step by sending a show-cause notice to Al-Falah University after troubling claims tie the university to the recent Red Fort terror attack. This notice raises critical questions regarding the university's minority status, urging officials to clarify why it should remain unaltered.
Thanksgiving store hours in 2025 are different, and many big stores will stay closed for the holiday. Only a few places will open for short hours, mainly for last-minute needs. Some restaurants will also open with limited service. People are advised to check timings early and plan their Thanksgiving shopping ahead to avoid problems.
A Tejas fighter jet crashed at the Dubai air show. The pilot died in the incident. This is the first fatal crash of the Tejas aircraft. An inquiry has been ordered to determine the cause. Firefighters responded quickly. No ground injuries were reported. The Indian Air Force expressed regret over the loss of life.
This comes even as the Congress central leadership faces the mounting demand for a change of the CM to honour the rotational chief ministerial formula, and equally determined resistance to it.
Social media influencer Ben Bader, 25, died on October 23, 2025. He died from multiple reasons, and his death was dubbed natural. He was found unresponsive at a Florida community gymnasium after using a treadmill. A toxicology report detected codeine in his urine but ruled it did not contribute to his death.
Social Security increase 2026 is officially locked in and the new payment numbers are bigger than expected. A 2.8% COLA boost will raise benefits for 75 million Americans starting January 2026, with SSI increases arriving December 31, 2025. The average retiree check jumps from $2,008 to $2,064, while spouses rise to $981, survivors to $1,619, and disabled workers to $1,627. Notices arrive in late November online and December by mail. The 2026 earnings limit increases to $24,480 and $65,160, let
Cloudflare, Elon Musk-owned 'X' are down for users on Friday, as reported by Downdetector.
In a striking display of migration, Bangladeshis are seen retreating from the Hakimpur border in West Bengal, a movement closely linked to rising political tensions between the BJP and Trinamool. The BJP's concerns over demographic integrity lead to calls for the removal of so-called infiltrators, while Trinamool shifts blame towards the Centre and BSF regarding border security lapses.
Bihar Chief Minister Nitish Kumar has relinquished the home portfolio for the first time in two decades. Deputy CM Samrat Chaudhary of the BJP now holds this crucial charge. The JDU has secured finance and commercial taxes. This portfolio allocation reflects evolving power structures within the NDA in Bihar.
Afghanistan's commerce minister has invited Indian investors to explore opportunities in mining, agriculture, health, and IT. Preferential tariffs and tax exemptions are being offered. Air cargo services between Kabul and Delhi and Amritsar will soon begin. A joint working group will be reactivated to boost bilateral trade. Indian companies are encouraged to resume energy sector investments.
Indias private sector activity eased to a six-month low in November as a slowdown in manufacturing outweighed gains in services. The HSBC Flash India Composite Output Index fell to 59.9 from 60.4 in October, dropping below 60 for the first time since June, though it stayed well above its long-term average.
Assocham president Nirmal Kumar Minda has urged the government to speed up reforms that improve the ease of doing business, stressing strict timelines and a functional national single-window system. He said slow land-use changes, building permits and environmental clearances continue to delay projects, holding back private investment.
Nvidia saw a historic $1 trillion swing in just 54 hours. The stock first jumped $450 billion after earnings crushed forecasts. Revenue rose 62% to $57 billion. Profit hit $31.9 billion. AI chip demand drove the surge. The rally collapsed fast. Nvidia then lost about $600 billion as investors booked profits. Fears of an AI bubble grew. Rate-cut hopes faded. Geopolitical tensions added pressure. Volatility spiked sharply. The VIX moved above 26. Nvidias fundamentals stayed strong, but sentiment t
Pakistan said it believes Trumps claim that India wont go to war but added that it doubts Indias sincerity, citing 'belligerent statements'. It also defended the continued closure of the Afghanistan border and downplayed a US congressional report.
Kumar Mangalam Birla, chairman of the Aditya Birla Group, has received an Honorary Doctor of Science (Economics) degree from the University of London at its Foundation Day ceremony, presented by Her Royal Highness The Princess Royal. The recognition highlights his leadership in global industry and his contributions to education and philanthropy through roles at BITS Pilani, IIM Ahmedabad, IIT Delhi and London Business School.
Eli Lilly stock today: Eli Lilly achieved a historic milestone, briefly touching a $1 trillion market cap. This success is driven by strong sales of its diabetes drug Mounjaro and weight loss injection Zepbound. The company's innovative treatments are reshaping the health-care landscape. Competitors like Novo Nordisk and Pfizer remain active in this growing market.
Special Economic Zone units and developers met with Commerce Secretary Rajesh Agrawal. They raised concerns about US countervailing duties and quality control orders for sales to the domestic tariff area. Issues like DTA transactions, duty foregone, and connectivity constraints were highlighted. The ministry assured a review of these challenges to strengthen ease of doing business.
Bitcoin slid to $82,921.11 today, dropping $3,602.84 or 4.16%, as early billionaire holder Owen Gunden fully liquidated his entire 11,000 BTC stash worth roughly $1.3 billion since October 21, 2025. His final transfer of 2,499 BTC valued at about $228 million to Kraken confirmed a complete exit and triggered fresh market panic. The sell-off hit during severe bearish conditions, with CryptoQuants Bull Score Index plunging to 20/100, its weakest cycle reading. Analysts warn the timing, scale, and

14 C