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National / The Economic Times
For a query about what do rich people do, ChatGPT answered Boat's Aman Gupta by saying rich people either serve humanity like the Gates Foundation, or pursue unprecedented ventures like Jeff Bezos' space tourism or Elon Musk's mars colonization. Gupta clarified he aligns with neither. Instead, he is driven by something else and that he belongs to the third category.
Lok Sabha Speaker Om Birla has called a meeting of party leaders to resolve the impasse over electoral roll revisions. Opposition parties are demanding a discussion on the special intensive revision process. Parliamentary Affairs Minister Kiren Rijiju met floor leaders but ruled out a discussion on the revision itself, calling it an administrative matter.
U.S. stock futures slipped early Tuesday as tech weakness and Bitcoin volatility hit sentiment. Dow futures hovered near 47,345, S&P 500 near 6,827, and Nasdaq around 25,408. The 10-year yield eased to 4.08%. Oil rose to $59.51. Gold fell toward $4,210. Asia traded mixed and Europe opened lower, while pre-market movers saw sharp swings in tech and crypto-linked stocks.
India and Russia are collaborating to boost New Delhis exports, according to Kremlin spokesperson Dmitry Peskov. While Russia continues to be a key energy supplier to India, there may be a temporary dip in oil trade volumes.
Australia enacts a world-first ban on social media for individuals under 16. This significant move aims to protect young people from online dangers. Platforms like Instagram, TikTok, and YouTube will be inaccessible to this age group. Social media companies face substantial penalties for non-compliance. The decision has drawn international attention and potential US political involvement.
While the Chair attempted to take up matters under Rule 377, the continuous demands and protests by Opposition MPs did not allow proceedings to continue.
Parliamentarians highlighted key national concerns during Rajya Sabha's Zero Hour. Discussions focused on upgrading Anganwadi kitchens for better nutrition and establishing a Bhojpuri literary academy. The growing air pollution crisis was also a major point of concern, with MPs stressing its public health impact and calling for urgent action.
The government is mandating the Sanchar Saathi fraud reporting app on all new mobile phones. Senior Congress leader Shashi Tharoor questions making it compulsory in a democracy. Union Minister Jyotiraditya Scindia clarifies users can delete the app. The app aims to protect citizens from fraud and theft. Manufacturers have 90 days to comply with the directive.
India is poised for sustained growth exceeding 7% this fiscal year, driven by strong macro fundamentals and ongoing reforms, according to new FICCI President Anant Goenka. The chamber aims to boost manufacturing's GDP share to 20-25% by increasing R&D, strengthening industry-academia ties, and promoting ease of doing business and sustainable practices.
Tamil Nadu government has urged the Supreme Court to revoke its CBI probe order into the Karur stampede, advocating for an investigation by the SIT formed by the Madras High Court. The state asserts local authorities are competent for a fair probe, deeming the CBI intervention unnecessary.
Union Budget 2025 introduced revised income tax slabs under the new regime, exempting income up to Rs 12 lakh. For salaried individuals, this limit extends to Rs 12.75 lakh with standard deduction. The budget also outlined new tax rates for incomes exceeding Rs 12 lakh, aiming for a more progressive system.
Amid AI dominance, Microsoft CEO Satya Nadella has revealed one rare quality you need to succeed at your workplace. He said empathy is a workplace superpower in the age of AI, adding that IQ without emotional intelligence is waste. With AI managing technical tasks, human empathy and collaboration play a key role in businesses for their success.
The wrestlers had moved the High Court, alleging that the WFI elections were not conducted in a fair and transparent manner. Their plea sought intervention against what they claimed were procedural lapses and irregularities in the election process.
Parliament proceedings are stalled for a second day due to opposition protests. The government has invited leaders from various parties for talks to resolve the stalemate. Discussions will focus on the special intensive revision of voters' lists. The government emphasizes that no timeline will be set for these consultations. Members of smaller parties also seek to raise important issues.
Vivo has launched its X300 flagship series in India, featuring the X300 and X300 Pro, targeting the ultra-premium market with a strong emphasis on professional photography. With Zeiss-supported lenses, dedicated imaging chips, and competitive pricing, these devices aim to challenge established players like Samsung and OnePlus by offering advanced camera hardware and future-proof performance.
China has issued its first batch of new rare earth export licenses, a move expected to accelerate shipments to select customers. This streamlined licensing regime, centered on general licenses, follows the Trump-Xi summit and aims to ease trade tensions. Companies like JL Mag Rare Earth have received licenses for most clients, signaling Beijing's commitment to agreed-upon outcomes.
Kolkata is experiencing a significant surge in demand for pneumonia and influenza vaccines. Respiratory infections are climbing as winter arrives. The elderly are leading this rush, prompting hospitals to increase vaccination slots. Health specialists note this trend began in mid-November. Early vaccination is a key preventive measure against winter-aggravated respiratory issues.
Vice Admiral K Swaminathan stated that the Indian Navy's offensive posture during Operation Sindoor was a key factor in Pakistan seeking a ceasefire. The operation involved a rapid mobilization of over 30 naval assets, with frontline ships positioned off the Makran coast, compelling the Pakistan Navy to stay near its shores.
Maharashtra local body polls: The high court, while hearing a bunch of petitions challenging the SEC's decision, also directed that exit polls should not be announced till December 20.
If you open your eyes feeling drained, rely on caffeine to function, or hit an energy crash by noon - your sleep cycle needs help. Dr. Pal breaks down why your sleep isnt restoring you - and how tiny changes in your night routine can fix your mornings for good.
Gulfisha Fatima, a prominent activist, is fighting for her release in connection with the 2020 Delhi riots. Her attorney highlights the unfairness of her extended detention, pointing to a sluggish judicial process. Meanwhile, the Delhi Police maintains that the events were part of a coordinated effort to undermine national integrity.
Navy chief Admiral Dinesh K Tripathi said Operation Sindoor has put financial strain on Pakistan as significant number of merchant ships avoided travelling to that country following the hostilities.
West Bengal has postponed the rollout of the Pradhan Mantri Matsya Sampada Yojana by two years, utilizing just Rs 58.51 crore of the allocated budget. Union Minister Rajiv Ranjan Singh pointed out that the state governments lack of collaboration is a significant hurdle. The overarching goal of this initiative is to usher in a Blue Revolution in India's fisheries sector.
India is set to induct its third nuclear-powered ballistic missile submarine, INS Aridhaman, significantly bolstering its sea-based nuclear deterrent. This development, following the commissioning of INS Arighaat, will mark the first time India has three operational SSBNs at sea. The new submarine, designed for longer-range missiles, enhances strike capability and survivability, aligning with India's nuclear doctrine.
Parliamentary Affairs Minister Kiren Rijiju stated in the Rajya Sabha that the government is ready to discuss Special Intensive Revision (SIR) of electoral rolls and electoral reforms but asked the Opposition not to set a fixed timeline. Opposition MPs, led by Mallikarjun Kharge, demanded immediate discussion, citing the deaths of 28 block-level officers due to SIR workload.
An Indian employee faced a salary deduction for leaving work to be with their grandmother in the ICU. This incident, shared online, ignited discussions about workplace empathy and boundaries. The employee later set firm boundaries regarding work hours after a demanding shift. Social media users largely supported the employee's stance against unhealthy work expectations.
The Supreme Court has halted the trial proceedings against former Karnataka Chief Minister B.S. Yediyurappa in a POCSO case. Issuing a notice to the state government, the apex court will now re-examine whether the High Court should hear the veteran leader's plea on its merits, referencing a previous liberty granted.
This winter, central and north India are bracing for a colder season with an increased number of cold wave days, according to the IMD. Regions like Madhya Pradesh, Punjab, Haryana, and Delhi are expected to experience below-normal temperatures and prolonged cold spells, posing risks to health, transport, and air quality.
India's Union Budget 2024 significantly altered Capital Gains Tax, reducing LTCG on property and gold to 12.5% but eliminating indexation benefits. This change impacts assets acquired after 2001, while STCG rates on listed equities have risen to 20%.
Samsung Galaxy Z TriFold is officially here. The device features a dual-fold design and advanced specifications and operates on Snapdragon 8 Gen 5 Elite processor. Samsung Galaxy Z TriFold will hit the shelves in South Korea later this month. Reports suggest that Samsung Galaxy Z TriFold could be priced above Rs 2,00,000 in the Indian markets.
Opposition leaders staged a protest in the Parliament House complex. They demanded a discussion on electoral reforms and the Special Intensive Revision of electoral rolls. Leaders held placards and raised slogans against the government. The Winter session saw adjournments and walkouts over the issue. The government stated it is open to discussion but cannot set a timeline.
Keep your arteries healthy with simple changes. Increase Vitamin K2 from foods like cheese and eggs. Cut down on white bread and sugary snacks. Get 30 minutes of daily exercise like walking or swimming. These steps prevent plaque buildup and reduce risks of heart attack and stroke. Dr Sumit Kapadia advises these natural methods for lifelong heart protection.
Despite monetary easing, low inflation, and soft crude prices, India's long-term government bond yields have risen due to increased government bond supply and global uncertainties. However, a moderation is expected as supply pressures ease and the RBI is anticipated to cut rates further.
A viral photograph of Shah Rukh Khan's Hansraj College admission form has sparked nostalgia among fans, showcasing his academic scores from his school days. The admission form details his performance in subjects like Mathematics, Physics, and English, offering a glimpse into his student life before his global stardom. This resurfaced document coincides with anticipation for his upcoming film, 'King'.
Vivo is launching its premium X300 series in India, with the X300 and X300 Pro expected to challenge top-tier phones like the OnePlus 15 and iPhone 17. The X300 boasts a 200MP camera and 6040mAh battery, aiming to impress camera enthusiasts. Pricing starts around 69,999, positioning it as a strong contender.
A wintry mix of snow and rain is forecast for the Washington, DC region overnight Monday into Tuesday. This will bring cold and unsettled weather. A Winter Weather Advisory is in effect for parts of Maryland and West Virginia. Slippery travel conditions are expected, impacting the morning commute and school schedules. Several school districts have announced delays.
A magnitude 4.2 earthquake struck the Bay of Bengal at 7:26 IST on December 2, 2025, according to the National Centre for Seismology (NCS). It occurred at a depth of 35 km at coordinates 20.56N, 92.31E.
Karnataka Chief Minister Siddaramaiah and Deputy Chief Minister DK Shivakumar met for breakfast. This meeting comes amid speculation of a power struggle within the Congress party. Home Minister G Parameshwara acknowledged the stir and called for a peaceful settlement.
Steve McBee Sr. has entered federal prison in Yankton, South Dakota. The reality star pleaded guilty to crop insurance fraud and was sentenced to 24 months. He owes over four million dollars in restitution. McBee hopes for an early release and has sought advice from Todd Chrisley. His son Cole's wedding plans are affected by his sentence.
Congress MPs have moved adjournment motions in the Lok Sabha. They are demanding the immediate suspension of the Special Intensive Revision of electoral rolls. Allegations include the process being unplanned and rushed. Significant pressure on Booth Level Officers has reportedly led to multiple deaths. Opposition MPs are expected to continue their protest.
The Powerball jackpot has reached an estimated $740 million for the December 1 drawing, with no confirmed winner yet. The next drawing is December 3, and players can choose between an annuity or a lump-sum payout. Secondary prizes were also awarded, and players are encouraged to check their tickets. With odds of 1 in 292.2 million, jackpots grow quickly when no winner emerges.

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