The Economic Times

For the first half of FY27, NHC Foods posted total income of Rs 821.45 crore, an increase of 282 per cent from Rs 214.68 crore a year earlier. Profit rose nearly 13-fold to Rs 38.68 crore, compared with Rs 3.01 crore in the year-ago period.

US President Donald Trump has urged Senate leadership to immediately advance a $350 billion defence funding bill, calling it essential to strengthening America's military capabilities. The push comes as Republicans seek to secure additional military spending through budget reconciliation before Democrats take control of Congress in January.

Nvidia CEO Jensen Huang resigned Thursday, capping a spectacular downfall for a poster boy of the artificial intelligence boom whose exit following reports of extramarital affairs now thrusts the chipmaker into an uncertain future.After a dizzying series of headlines about Huang's infidelity and ties to an alleged Chinese spy, his departure sets off a scramble to find a permanent replacement to lead the multitrillion-dollar colossus that grew from obscurity to a perch between Apple and Microsoft

PM Modi: Govt absorbing 14,000 crore monthly burden amid oil crisis

US President Donald Trump has warned Iran of severe consequences if Tehran targets American officials, saying those responsible will not exist any longer. Trump also threatened further military action, called Iran's continued leadership a potential defeat for his presidency and claimed Washington had complete control over the Strait of Hormuz.

US lawmakers have demanded answers from the Trump administration over what it knew about former Nvidia CEO Jensen Huang's alleged affair with a woman suspected of spying for China. The controversy has renewed scrutiny of US chip exports to Beijing, national security risks and alleged links between Nvidia and the administration.

While oil prices have dropped from their multi decade highs which they hit earlier this year, analysts remain cautious amid the seesaw political game in the Middle East. Goldman Sachs recently raised its oil price forecasts, citing increasing risks to global supplies. The investment bank warned that Brent crude could climb to $140 per barrel in 2027 if oil production across the Gulf region remains significantly below its 2025 average.

Yemen's Houthi militia announced a series of drone and missile attacks targeting Saudi Arabia, including key facilities. They claimed to have successfully hit Aramco in Riyadh and a military cargo plane at Sharurah Airport. Additionally, the Houthis targeted Khamis Mushait Air Base, asserting their operations achieved their objectives. The Saudi-led Coalition Forces reported intercepting and destroying several drones launched by the Houthi militia.

India's Manufacturing Push: 64% Target Achieved With Just 18% Incentives

Treasury yields rose after US President Donald Trump said the US does not need a deal with Iran and as traders weighed the chance of a larger-than-usual Federal Reserve rate hike next month. Two-year Treasury yields gained 34 basis points over the past two sessions, the sharpest two-day rise in 3-1/2 years.

US Senate Banking Committee Chairman Tim Scott has asked former Nvidia CEO Jensen Huang and Commerce Secretary Howard Lutnick to testify over national security concerns, alleged Chinese espionage and oversight of chip exports to China. Scott warned he could subpoena Huang, as lawmakers intensify scrutiny of Nvidia and the Commerce Department.

India remains a 'shining star' in gloomy global economy: NITI Aayog VC

Gold prices edged higher on Friday, recovering from the previous session's lowest level in more than a year, but stayed on track for a weekly fall as higher oil prices stoked

Republican Paul LePage has won Maine's 2nd congressional district, becoming the only candidate to flip a Democratic-held seat to the Republicans without redistricting in the 2026 US midterm elections. The Associated Press called the race after ranked-choice voting, confirming LePage's narrow victory over Democratic state auditor Matt Dunlap.

'We got crushed in Texas because': Roy points finger at 'corrupt' Paxton after GOP's midterm loss

US Attorney General Todd Blanche said the Justice Department has not determined whether Alice Huang, whose affair with former Nvidia CEO Jensen Huang preceded his exit, was a Chinese spy. President Donald Trump also said the question remained unresolved, while confirming he had spoken to Jensen Huang a day before his resignation.

The relinquished awards represent roughly 0.08% of his net worth, according to the Bloomberg Billionaires Index, which puts his fortune at $138.4 billion.

Blackstone is in the process of arranging a $200 million loan for ASK Investment Managers. This loan aims to refinance an existing sponsor-financing facility that matures in 2027. Four banks are leading this transaction, which is currently being syndicated among international lenders. The refinancing effort reflects private equity investors' strategy to manage acquisition-related debt maturities.

PM Modi extends Chhath wishes, thanks journalists for joining amid busy schedules

In a bold move, Kalyan Jewellers India announced a significant 31% rise in revenue and a notable 64% boost in net profit. Plans include launching 84 new Kalyan stores along with expanding the Candere and Akshaya Thanga Maligai outlets. Analysts have expressed optimism, issuing 'Buy' ratings based on the growth from non-South markets, which climbed by 21%, positioning the company favorably against unorganized competitors amidst fluctuating gold prices.

Nvidia's ambitious $500 billion AI financing partnership with six major Wall Street firms is facing hurdles, with customers and financial partners seeking a larger financing backstop than the chipmaker's proposed 25%. No deals have emerged so far, and Jensen Huang's exit as CEO adds uncertainty, potentially delaying the first transaction until January.

The Indian rupee faltered on Thursday, settling at 94.04 per US dollar after shedding 35 paise from its previous value. The surge in dollar demand from nationalised banks and importers outweighed the early strengthening of the rupee. This push for dollars was influenced by unexpected inflation data from the US and upward trends in US treasury yields. Interestingly, foreign portfolio investors continued their buying spree, purchasing

Logitech at Adobe MAX 2026 | Customisable dial pad and MX Master 4 Creator Edition

The MSCI Asia Pacific Index rose 0.3%, led by gains in South Korea. US equity futures also advanced, with Nasdaq 100 contracts up 0.6% and those for the S

Indian equity benchmarks in Mumbai have seen a two-week winning streak with significant foreign investment. Foreign Portfolio Investors have invested over

Morning Brief Podcast: The AI Boom Hits a Political Wall. Can India Cash In?

Ousted Nvidia CEO Jensen Huang had an intimate relationship with a second employee, Reuters reported, days after his resignation following revelations of two other extramarital affairs. The disclosures triggered a board investigation into possible foreign intelligence involvement, while Nvidia appointed finance chief Colette Kress interim CEO. Its shares fell 5.5% Thursday.

Domestic institutional investors have recently unloaded more than

Government bond yields globally rose to multi-decade highs recently due to sell-offs in sovereign debt. Investors demanded higher returns amid persistent inflation and uncertainty regarding interest rates. India's benchmark 10-year bond yield peaked at 7.50% before slightly declining to 7.24%. Recent easing geopolitical tensions and declining crude prices have supported bond market recovery. Nonetheless, the outlook remains uncertain due to inflationary pressures and concerns over fiscal sustain

MSCI will include Life Insurance Corporation of India, Coforge, Adani Green Energy, and Meesho in its index. The changes will take effect on November 30, with passive inflows expected for these new additions. PI Industries will be excluded, leading to an estimate of outflows from this stock. Additionally, the overall number of constituents will increase to 168 in the index.

Wall Street Stocks broadly felt pressure from a rise in oil prices after President Donald Trump said hes no longer interested in a deal with Iran to end their war.

Microsoft Outlook still down? Thousands of users across the US and the UK reported issues in accessing Microsoft Outlook, Microsoft 365, Teams, SharePoint and other services on November 12. The company has said that it had begun to restore affected servers and implement mitigations. The number of outage reports has begun to drop from afternoon peaks. Several services are still down.

Jensen Huang's affairs have rocked Nvidia as well as the global artificial intelligence (AI) fraternity. Now Huang is facing a lot questions, especially from the US lawmkers.

Nintendo Black Friday game discounts will offer savings on Nintendo Switch 2 bundles, selected games and digital titles during the holiday shopping season. The Nintendo Switch 2 + Mario Kart World Bundle will cost $499.99. It will save buyers $50. Select Nintendo Switch 2 and Nintendo Switch games will be offered with $20 discounts.

Microsoft said earlier in the day it had fixed a Teams disruption affecting users in North America.

US stocks closed lower as Nvidia