Today’s Paper

India must embrace AI to remain competitive, while leveraging overseas acquisition opportunities and strengthening its investment proposition to attract global capital, says Citi's Viswas Raghavan

Cabinet approves ₹62,370 crore subsidy for rabi 2026-27 as global input costs surge; sulphur gets the steepest hike, while industry expects relief for complex fertiliser prices

Banks are tightening merchant onboarding and payout checks at fintech firms amid rising cyber fraud risks and record digital payment volumes during the festive season

Citi's Vis Raghavan says India must become an AI-native nation, while highlighting strong pipelines for IPOs, M&As and cross-border deals amid growing global uncertainties.

IIFL Finance plans to deploy 70% of the capital raised into gold loans and secured business lending, while using the rest to repay debt

Noel Tata steps down after 16 years as chairman and is named Chairman Emeritus; Bahram Vakil takes charge on November 12, while Abizer Diwanji joins the board

The drugmaker expects around 40 per cent US growth in FY27 despite the end of Bosutinib exclusivity, while focusing on complex generics and improving domestic sales productivity

Revenue rises 26% to ₹19,886 crore in Q2FY27; board approves investment in 1,800 MW pumped storage project in Maharashtra, while renewable capacity reaches 8.6 GW

Tamilnad Mercantile Bank launches multilingual AI telecalling service, Smart Kiosk and credit card as Vice-President C P Radhakrishnan urges it to expand its national presence

Nvidia's chips underpin major Indian AI projects, including Reliance, Yotta, L&T, and Sarvam, even as chief executive Jensen Huang faces scrutiny over a suspected Chinese intelligence operative

Amazon's Smbhav Venture Fund and Climate Pledge Fund co-lead funding round; ₹100 crore government loan to support Pune plant producing 200,000 litres of biocrude daily from farm waste

Krisp expects India to emerge as its largest voice AI deployment market, driven by growing demand for multilingual translation, accent neutralisation and AI-powered call centre services.

R Systems MD and CEO Nitesh Bansal says AI-native products and services account for a significant share of revenue, while traditional engineering services face a gradual decline

E-commerce platforms report a surge in AI-led product discovery during festive sales, while expanding its use to logistics, forecasting and customer support.

Mining and quarrying output remained weak in H1 FY27, with fuel and non-metallic minerals driving the decline

Rupee strengthens to a seven-month high, supported by foreign portfolio inflows and positive market sentiment despite a stronger US dollar

Gross direct tax receipts rise 14% to ₹17.50 trillion, while refunds jump 25.9%; net collections reach 53.5% of FY27 Budget target, with corporate taxes leading growth

Agreement seeks to strengthen investment, startup and technology partnerships, skill development and overseas employment as an 80-member Japanese delegation visits Odisha

The 8.5-km extension from Noida Sector 51 to Greater Noida Sector 4 will add five stations and connect commercial hubs, offices, hospitals and residential areas over four years

Union Cabinet approves five-year extension of Stand-Up India scheme with ₹4,111 crore credit guarantee corpus, targeting financial assistance to 250,000 additional entrepreneurs

Rating agency cites robust consumption, improving private investment and resilience to the energy shock, but flags inflation, monsoon risks and tighter monetary policy

Andhra Pradesh expects investment commitments worth ₹10 trillion at the two-day CII Partnership Summit in Visakhapatnam, bringing together investors and delegates from 58 countries

Set clear refund terms, keep evidence of the property's condition and challenge unjustified deductions

LIC's new business premium rose 31.35 per cent in October, while private insurers recorded 19.45 per cent growth; industry-wide premium mobilisation reached ₹42,914 crore.

The Cabinet has extended the Credit Guarantee Fund for Micro Units till March 2031 with a ₹5,000 crore corpus, aiming to facilitate ₹12.6 trillion in loans under the Mudra scheme.

Indian telecom operators face the challenge of raising average revenue per user (Arpu) while retaining subscribers, as pressure to increase tariffs runs up against affordability and competition.

Women remain under-represented in Indian corporate leadership and earn less than men, highlighting the gap between workplace policies and actual gender equality.

Recent tax changes are welcome, but India needs sustained reforms to address exemptions, reduce cascading taxes, improve compliance and broaden the tax base without distorting investment decisions.

Traders report difficulties executing limit orders amid BSE F&O price update issues; NCDEX introduces steel scrap futures to help manufacturers and traders hedge price risks

Blackstone-led capital infusion of ₹6,414 crore is expected to strengthen IIFL Finance's capital adequacy, ease funding constraints and support growth in its secured lending business

Strong Q2 earnings, attractive valuations and easing crude oil prices bring Sensex and Nifty closer to their record highs

Net equity inflows fall to ₹32,994 crore as midcap and smallcap investments moderate; SIP contributions dip marginally to ₹32,160 crore amid profit booking and market volatility

FPI inflows, profit booking steer market to second consecutive session of gains

Jubilant FoodWorks' better-than-expected September quarter performance, improving like-for-like growth and strong Popeyes expansion have prompted brokerages to retain bullish ratings

NBFC sets indicative issue price at ₹1,025 per share, above Sebi's floor price; proceeds will be used to repay borrowings and meet general corporate requirements

Andhra Pradesh Chief Minister N Chandrababu Naidu targets a $2.07 trillion state economy by 2047, with plans to position Visakhapatnam as an AI data centre hub and Tirupati as a global design capital.

Global review covering over 200 million participant observations links prolonged PM2.5 exposure to higher Type 2 diabetes risk, highlighting metabolic health concerns in polluted regions

Art Mumbai's fourth edition will feature 94 galleries, including 21 international exhibitors, alongside rare works from private collections and an expanded public programme.

Sonia Gandhi's memoir sees strong demand across bookstores and online platforms, with readers turning out in large numbers since its November 10 release

The Union Cabinet, in a meeting chaired by Prime Minister Narendra Modi on Wednesday, approved the development of the Yuge Yugeen Bharat Museum through adaptive reuse of the North and South Block complex in Delhi, at an estimated total project cost of Rs 3,230 crore. It is envisaged as a landmark museum showcasing the continuity, diversity and richness of India's rich civilisational legacy through an integrated narrative of its tangible and intangible cultural heritage, according to officials. The museum will be developed through the adaptive reuse of the historic North and South Block complex, "preserving their architectural character and heritage significance while transforming them into a public cultural institution", the government said. Spread over a proposed built-up area of approximately 1,78,509 sq metres, the museum will integrate contemporary museum practices, immersive technologies and visitor-centric interpretation. Benchmarked against major international museums, the Y

Seismic microzonation study finds soft soil in eastern Bhubaneswar could amplify earthquake shaking threefold, with ground acceleration exceeding national design code levels

Three CRPF personnel were injured, one critically, after two motorcycle-borne terrorists opened fire at a checkpost near Mir Bazar in Jammu and Kashmir's Kulgam district.

Former vice-president Jagdeep Dhankhar was admitted to AIIMS after collapsing during his morning walk and losing consciousness for a few minutes.

Finance Ministry sets ₹20 lakh cap for EV procurement and ₹10 lakh for petrol and diesel cars; also revises laptop purchase rules with higher limits for Make-in-India devices

Reuters found that two fake High Court orders led the government to direct internet providers to block 129 betting websites, prompting the Allahabad High Court to file a police complaint.

What's an Indian company doing connecting steelmaking in Iowa with iron ore mines in Minnesota?

Higher feed, fodder and procurement costs prompt dairy companies to raise prices for the second time in FY27, adding pressure on household budgets and raising food inflation concerns

Fairfax Financial plans to exit its nearly 11% stake in IIFL Finance to unlock funds for its proposed acquisition of a 60% stake in IDBI Bank

Gujarat-based renewable energy firm plans to commission the first phase by March 2028, while expanding its battery storage business across Africa and Europe after 2030

Brokerages expect rising raw material costs and further price hikes to weigh on FMCG volumes and margins in H2FY27, even as consumer demand remained resilient in the September quarter

Strong festive sales lift sentiment, but a high base, uneven rural recovery and widening gap between premium and entry-level models may weigh on two-wheeler growth in H2 FY27

Central bank retains existing transaction limits for cash-based remittances, mandates additional authentication and strengthens safeguards against suspicious transfers

Revised scheme brings component makers and MSMEs into the incentive framework, with higher incentives for critical components and high-end devices to deepen localisation

The government has prohibited exports of lithium-ion battery black mass to secure critical mineral feedstock for domestic recyclers, improve capacity utilisation and cut import dependence.

Renewable power generation helped India avoid over $100 billion in coal and gas imports during 2011-2025; cumulative savings could reach $240 billion, according to the IEA

Hwashin Automotive and Seoyon E-Hwa Summit plan to invest ₹1,370 crore in Tamil Nadu over five years, countering reports of a proposed shift in manufacturing investments to Andhra Pradesh

The book offers a concise overview of key economic policies since Independence, but its limited critical analysis and gaps in coverage may leave serious readers seeking more.

Brazil and Turkey urged world leaders at COP31 to keep climate action on the agenda despite wars and trade disputes, as negotiators seek fresh momentum to move away from fossil fuels.

Nvidia's independent directors have appointed former Manhattan federal prosecutor Joon H. Kim to lead an investigation into CEO Jensen Huang's reported links to a woman suspected of spying for China.

Bessent said the Trump-Xi meeting in Shenzhen would advance dialogue on AI risks, including testing advanced models and establishing a channel to report serious incidents.

Republicans blocked the impeachment effort in a 211-204 vote, giving Hegseth a reprieve ahead of Democrats taking control of the House in January.

Agnipath's revised six-year tenure has disrupted private security agencies' recruitment plans, forcing the industry to explore retraining existing guards as trained security professionals