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Novo Nordisk raises full-year forecast on Wegovy weight-loss drug sales
Novo Nordisk has increased its full-year outlook after reporting stronger-than-expected quarterly earnings, driven by impressive sales of its Wegovy weight-loss pill.
Tata Consultancy Services survey: leaders back AI efficiency, distrust autonomy
A TCS study reveals that while 84% of executives see productivity gains from AI, only 10% allow it to make decisions autonomously, highlighting a gap in trust.
Bitcoin rebounds near $78,000 after US midterms as markets calm
Bitcoin has surged to nearly $78,000 following a V-shaped recovery as U.S. midterm election results reduced political uncertainty and boosted market confidence.
Supreme Court rules states may impose surcharges despite GST
The Supreme Court upheld states' authority to impose additional sales tax surcharges, affirming their legislative competence under the State List, despite GST's current framework.
India's middle class borrows heavily as loan repayments strain incomes
India's middle class is experiencing a spending surge, fueled by expanded credit access, but this boom comes with rising household debt and increased financial vulnerability.
MCX gold futures jump ₹510 to ₹1,39,962 amid demand bets
Gold futures for December delivery increased by ₹510, reaching ₹1,39,962 per 10 grams on the MCX as market participants created fresh positions amid strong spot demand.
Sensex 288-point gain lifts Indian markets amid inflows, cheaper oil
Sensex and Nifty extended their rally for the fifth consecutive day, driven by foreign fund inflows and easing crude oil prices, with Sensex climbing 288 points in early trade.
Emaar Properties offers 15 dirhams per share for Emaar Development
Emaar Properties PJSC has proposed a multibillion-dollar deal to acquire full ownership of its construction arm, Emaar Development PJSC, amid challenging market conditions.
Fractal posts 20% revenue growth to ₹956cr and ₹79cr profits
Fractal reported a 20% year-on-year revenue growth to Rs 956 crore in Q2 FY27, with profits surging 2.4 times to Rs 79 crore during the quarter.
Sensex rebounds nearly 2,900 points as foreign investors pour money
The Sensex has surged nearly 3,000 points as foreign institutional investors return, reversing months of selling and boosting market sentiment on Dalal Street.
India services PMI 55.8 in October driven by domestic demand
India's services sector expanded at its fastest pace in four months in October, driven by strong domestic demand, despite subdued hiring and weak international orders.
AI stocks slide after Gina Hinojosa elected Texas governor
Nasdaq-100 futures and AI-linked stocks dropped as Democrat Gina Hinojosa's win in the Texas governor race raised concerns over potential data center restrictions.
Rupee rises 14 paise to 94.61 as Sensex jumps 435
The rupee appreciated by 14 paise to 94.61 against the US dollar in early trade, driven by declining crude oil prices and a weaker dollar.
EloElo raises $80 million from NBCUniversal and Hornbill Capital valued $500 million
India's EloElo has raised $80 million from NBCUniversal, capitalizing on the booming microdrama market, with over 118 million monthly users and a valuation of $500 million.
Carver Roboweld lists on BSE SME at ₹90, 12.5% premium
Carver Roboweld shares listed at a 12.5% premium on the BSE SME platform, opening at Rs 90 per share compared to the IPO price of Rs 80.
Bitcoin falls to $75,700, rebounds to $76,700 after US midterms
Bitcoin briefly fell to $75,700 as early U.S. midterm results suggested a potential Democratic sweep, raising fears of tighter regulation and impacting global markets.
India's startups reach 51 firms valued above $500 million
India's startup ecosystem boasts 51 companies valued over $500 million in 2026, with a combined valuation of $34.1 billion, according to the Hurun report.
Amul hikes butter, ghee prices ahead of Diwali
Amul has increased the prices of ghee and butter ahead of Diwali. The company has increased the cost of a 1kg carton of ghee by ₹50 to ₹680.
Brent and WTI retreat as US midterms stir market uncertainty
Crude oil futures declined on Wednesday morning as markets closely monitored the US mid-term election outcomes, with Brent and WTI futures both experiencing a drop in prices.
Rajasthan-based Sitaram Denims India files SEBI IPO for 3.09cr shares
Sitaram Denims India, a Rajasthan-based fabric manufacturer, has filed draft papers with SEBI to raise funds through an IPO of 3.09 crore equity shares.
Sensex up 352.20, Nifty rises as FIIs buy, crude drops
Benchmark indices Sensex and Nifty rose for the fifth consecutive session on November 4, driven by strong FII buying and easing crude oil prices.
BLS Polymers shares jump 92% to ₹288 after listing
BLS Polymers shares rose 7% on Wednesday, reaching a record high of ₹288, marking a 92% increase over its IPO price of ₹150.
Amul raises ghee and butter prices ahead of Diwali
Amul has increased the prices of ghee and butter ahead of Diwali due to rising demand and supply shortages, with ghee up by Rs 50 and butter by Rs 15.
ChatGPT ads struggle in India with low conversions, high costs
ChatGPT ads in India face scrutiny as marketers report high costs and conversion rates below 1.5%, prompting a cautious approach despite initial interest from brands.
Democrats pull ahead early despite Elon Musk's $474 million for Republicans
Elon Musk's substantial political donations appear ineffective as early 2026 midterm results show Democrats leading, despite his $474 million investment in Republican campaigns.
Indian markets rally 5th day as investors eye US midterms
Sensex and Nifty opened in green on Wednesday, extending gains as investors monitored the US midterm elections, which could impact global energy prices and AI sector growth.
How Indian investors allegedly lost ₹100cr in Stockal trading scam
Nearly 30 retail investors have reported unauthorized access to their Stockal accounts and liquidation of their US stock holdings.
Japan's Nikkei falls 3.56% to lowest since July 29
Japan's Nikkei index fell over 3% as AI-related stocks plummeted, driven by concerns over potential tighter US regulations following Democratic gains in the midterm elections.
Indian rupee gains 4th day, at 94.56 per US dollar
The Indian rupee strengthened by 18 paise to 94.56 per dollar on November 4, as the dollar weakened amid US midterm election results favoring the Democratic Party.
Pune's Peppermint Robotics raises ₹100cr to expand manufacturing and engineering
Pune-based Peppermint Robotics, founded in 2019, has raised Rs 100 crore led by pi Ventures and Crane Venture Partners to expand manufacturing and enhance international operations.
MSF pension scheme naming rules start December 1, 2026
The Pension Fund Regulatory and Development Authority (PFRDA) has revised the naming and display rules for National Pension System (NPS) schemes, effective December 1, 2026.
American AI data centers repurpose Arizona jet engines as generators
Amid rising electricity demands, U.S. AI data centers are repurposing jet engines from retired airplanes as generators, offering a creative yet controversial energy solution.
AMD posts $1.07 billion charge after OpenAI and Meta deals
AMD recorded a $1.07 billion non-cash charge in Q3 due to equity incentives offered to OpenAI and Meta, as part of strategic AI chip agreements.
Razorpay gets SEBI nod for 6,000cr IPO targeting December debut
Premji Invest is expanding into defence and aerospace manufacturing, while Razorpay has received Sebi approval for a Rs 5,000-6,000 crore IPO.
SEBI will use Digital India BHASHINI for regional language services
SEBI has signed an MoU with Digital India BHASHINI to enhance access to its services in regional languages using advanced language translation tools and models.
Lupin Q2 FY27 profit falls to ₹1,155.30cr amid rising costs
Lupin reported a 22.19% drop in consolidated net profit to ₹1,155.3 crore for the September quarter, impacted by an exceptional item, despite increased revenue from operations.
Asian markets mixed reacting to US midterm election results
Asian markets showed mixed performance as investors assessed potential Democratic control of Congress; South Korea's Kospi rose 1.5%, while Japan's Nikkei fell 1.55%.
Canva cuts 22% of staff in restructure, Melanie Perkins says
Canva is cutting over 1,200 jobs and relocating employees as part of a major restructuring effort following its slowest growth year in a decade.
RBI's 50,000cr VRRR drew half offers, signals 2Lcr surplus
The Reserve Bank of India's ₹50,000 crore variable rate reverse repo operation saw banks bid only ₹23,905 crore, highlighting an asymmetry in the banking system's surplus.
Asian markets slip as US futures fall amid midterm count
Asian shares declined as US equity futures fell, driven by midterm election bets favoring a Democratic victory, which increased the likelihood of political gridlock in Washington.
Sensex and Nifty rise 1.6% to almost 2 month highs
Indian benchmark indices Sensex and Nifty reached their highest levels in nearly two months, driven by strong foreign portfolio investor buying and favorable market conditions.
India considers ₹8,000cr 5 year PLI for khadi handloom handicrafts
The Indian government is considering an ₹8,000 crore investment to boost production in the khadi, handloom, and handicraft sectors and strengthen global market linkages.
CVS Health to split pharmacies from insurance and PBM units
CVS Health plans to divide its retail pharmacies from its insurance and pharmacy-benefit operations, marking a strategic shift from its integrated healthcare model.
AMD forecasts $17B Q4 revenue as data center sales surge
AMD anticipates fourth-quarter revenue of approximately $17 billion, driven by record data-center sales as demand for AI technology continues to grow.
US tech rebounds after AI spending worries, Apple drags Dow
US tech stocks rebounded Tuesday afternoon, recovering from a recent selloff driven by investor concerns over AI spending, with the Nasdaq rising 0.83% and Nvidia gaining 2.3%.
Ballistic Ventures aims to raise $490 million across 2 new funds
Ballistic Ventures aims to raise $490 million across two new funds, capitalizing on the AI-driven surge in cybersecurity threats and opportunities.
Sensex posts biggest 2-day jump since April ahead of Diwali
Sensex surged over 2,400 points in two days, driven by softer crude prices and strong foreign fund inflows, marking its best two-day streak since April.
AMD stock jumps 7% as Q3 revenue rises 45%
AMD's stock surged 7% after reporting third-quarter earnings that exceeded expectations, with a 45% revenue increase and data center sales nearly doubling from the previous year.
RBI draft pushes Bajaj Finance, Tata Capital toward term loans
Non-banking financial companies are innovating loan products to comply with upcoming RBI guidelines, focusing on term loans as revolving credit facilities face restrictions.
San Francisco AI company Fal raises $1.3 billion, doubles valuation
Fal, a San Francisco-based AI startup, has doubled its valuation to $16 billion after raising $1.3 billion in a funding round led by Bessemer Venture Partners.
Tata Motors completes $4.32 billion Iveco takeover, Chandrasekaran says growth
Tata Motors and Iveco Group are collaborating to create a global commercial vehicle business, focusing on growth and diversification rather than consolidation.
Wockhardt seeks 12-14 years government data protection after Zaynich approvals
Wockhardt advocates for 12-14 years of regulatory data protection in India to boost local drug innovation and improve patient access to new treatments.
Tewolde Gebremariam targets Air India profits despite ₹22,238 cr loss
Air India CEO Tewolde Gebremariam aims to cut operating costs and boost passenger yields, focusing on long-term growth with backing from Tata Sons and Singapore Airlines.
Elizabeth Warren and US lawmakers question McDonald's AI pricing
US lawmakers, led by Senator Elizabeth Warren, have raised concerns about McDonald's use of algorithmic pricing tools, questioning potential consumer impact and antitrust issues.
U.S.-China tensions stall SK Hynix New York expansion plans
SK Hynix's plans for new memory-chip plants in New York are stalled due to US restrictions on exporting chipmaking equipment needed for their Dalian plant expansion in China.
Tamil Nadu BESS policy mandates 10% storage, targets 2.5 GW
The Tamil Nadu government has announced a three-year policy to deploy 2.5 GW/10 GWh of Battery Energy Storage Systems, enhancing renewable energy integration.
Pfizer raises revenue forecast to $62-$64B, names Cecile Guegan CFO
Pfizer raised its full-year revenue forecast, driven by strong sales of new products, and appointed company veteran Cecile Guegan as the new chief financial officer.
Meta begins $20-$25B bond sale today to boost AI projects
Meta aims to raise between $20 billion and $25 billion in a bond sale to fund its growing investment in artificial intelligence infrastructure, models, and services.
Indian refiners post higher profits amid global fuel supply disruptions
Indian oil refiners foresee robust margins due to global supply disruptions, depleted inventories, and strong product cracks, despite potential cost challenges.
Polymarket unit PM Derivatives cleared by NFA while awaiting CFTC
Polymarket's unit, PM Derivatives LLC, has received approval from the National Futures Association to operate as a futures commission merchant.
Amazon Great Indian Festival 2026 delivers ₹2,800cr shopper savings
Amazon's Great Indian Festival 2026 shattered records, achieving the highest-ever customer savings of over Rs 2,800 crore and attracting more than 393 crore customer visits.
Mukesh Ambani reclaims top spot among Asia's richest billionaires
Reliance Industries chairman and MD Mukesh Ambani has reclaimed the title of Asia's richest person, according to Forbes's Real-Time Billionaires list.
Foreign investors pump $2.3B into Indian stocks in 10 days
Foreign portfolio investors (FPIs) have invested $2.28 billion in Indian equities over the last 10 days.
India's gold demand to hit 6-year low in 2026
India's gold demand is projected to hit a six-year low in 2026, driven by high prices and weakening rural demand, as per the World Gold Council (WGC).
Microsoft to raise $25B through bond sale
Microsoft has announced plans to raise $25 billion through a bond sale.
SBI Q2 profit rises 14% to ₹23,038 crore
State Bank of India (SBI), the country's largest lender, has reported a net profit of ₹23,038 crore for the second quarter of FY27.
GIFT Nifty extends trading hours to 23.5 hours a day
The NSE International Exchange (NSEIX) has announced extended trading hours for the NSE IFSC Nifty 50 Index Futures, popularly known as GIFT Nifty.
Anthropic's Q3 $17B revenue comes with $567M loss
Anthropic, the AI firm behind Claude, has reported an operating loss of $567 million for the third quarter.
Disney plans to lay off thousands: Report
Walt Disney is reportedly planning to lay off thousands of employees as part of a major restructuring effort.
Sensex gains over 900 points: What's driving today's rally?
The benchmark equity indices, Sensex and Nifty, continued their winning streak on Tuesday.
Website builder Squarespace cuts 19% of workforce
Website-building platform Squarespace has announced a major downsizing, laying off 19% of its workforce.
BLS Polymers shares list at 65% premium after 241x subscription
BLS Polymers Ltd. debuted on the bourses today, November 3, with a bang.
Apple revenue jumps 12% to record $114.5B in Q4
Apple has reported a record-breaking revenue of $114.48 billion for its fourth fiscal quarter of 2026, marking a 12% increase from the same period last year.
SUSE cuts 10% of jobs as AI reshapes software industry
SUSE, a leading open-source software company, has announced plans to lay off around 10% of its global workforce.
Oracle plans $20B raise to fuel its AI push
Oracle has announced plans to raise $20 billion through the sale of new stock and bonds.
Chipmaker Marvell buys optical tech firm Lumentum for $115B
Custom chip designer Marvell has announced its acquisition of optical chip and networking equipment maker Lumentum.
Ambani leads Forbes' billionaire gainers list with $6.3B wealth jump
Reliance Industries Chairman Mukesh Ambani has topped Forbes's billionaire gainers list, adding over $6 billion to his fortune in just one day.
Ryanair considers freezing workers' pay amid rising fuel costs
Ireland-based low-cost airline Ryanair is mulling a temporary wage freeze for its employees and has confirmed that airfares will be "materially higher" next summer.
SpaceX considers buying Boost Mobile to enter US wireless market
SpaceX is reportedly in talks with EchoStar's wireless service, Boost Mobile.
IndiGo warns of higher airfares as jet fuel costs soar
IndiGo's CEO, Willie Walsh, has warned that rising operational costs could lead to an increase in airfares.
EPFO lets members check PF balance on WhatsApp
The Employees' Provident Fund Organisation (EPFO) has launched two new initiatives to simplify its services.
Reliance Industries's m-cap crosses ₹17L crore after shares surge 8%
Reliance Industries Limited (RIL) has witnessed a massive spike in its market capitalization, which crossed ₹17 lakh crore on Monday.
IPO-bound Anthropic eyes $3.5B funding from Japanese investors
Anthropic, a leading artificial intelligence (AI) start-up, is gearing up for an initial public offering (IPO) in the US.
Diwali shopping gets costlier as prices rise across categories
Diwali shopping has become more expensive this year, with prices of appliances rising by 3-7%, traditional sweets by 15%, and pistachios nearly doubling from last year.
India's manufacturing growth slows as PMI falls to 54.7
India's manufacturing sector witnessed a slowdown in October, with the HSBC India Manufacturing Purchasing Managers's Index (PMI) dipping to 54.7 from September's 55.1.
ED files money laundering case against Subhash Chandra
The Enforcement Directorate (ED) has filed a money laundering case against media mogul Subhash Chandra.
How China's new curbs put India's infrastructure projects at risk
China's recent export restrictions on tunnel-boring machines and critical components could pose a threat to India's metro, bullet train, and Himalayan infrastructure projects.
SEBI backs removal of LTCG tax for foreign investors
The Securities and Exchange Board of India (SEBI) has recommended the government scrap the long-term capital gains (LTCG) tax on foreign investors.
Digital lender Fibe makes UPI debut
Digital lending platform Fibe has expanded its financial services portfolio by launching Unified Payments Interface (UPI) services on its app.
JioHotstar launches ads that let viewers shop while streaming content
JioHotstar has launched a new advertising format, StreamToCart Ads, to revolutionize digital marketing.
South Korea unveils record budget focusing on AI and chips
South Korea has announced its largest-ever budget for 2027, with a major focus on artificial intelligence (AI) and semiconductors.
Start-up funding in India falls 61% year-on-year in October
Indian start-ups raised $678 million in October, marking a significant 47.5% decline from the previous month. The drop is largely attributed to the absence of major funding rounds during this period.
New GST rules kick in: What changes for businesses?
The Goods and Services Tax (GST) regime in India has undergone some major changes from November 1.
Tesla, Samsung oppose Trump's new tariffs on Vietnam
Tesla and Samsung have opposed the imposition of new tariffs on Vietnamese goods by the US.
Binance's net-outflows reach $3.6B as withdrawals resume after $6.3B hack
Binance, one of the world's largest cryptocurrency exchanges, has announced a phased resumption of its withdrawal services.
Gold crashes to 1-year low: Is it time to buy?
October 2026 proved to be a tough month for precious metals like gold, silver, and platinum.
IDBI Bank strike begins today: What customers need to know
IDBI Bank has issued a customer advisory ahead of a two-day bank strike starting today.
RIL shares jump 6% as company reports record quarterly performance
Shares of Reliance Industries Limited (RIL) jumped 6% to ₹1,238.70 today, following the company's strongest-ever quarterly performance.
Sensex jumps 1,000 points: What's behind today's rally?
India's stock market indices, the Sensex and Nifty, opened on a high note today. The surge comes as oil prices retreated from a six-month high amid ongoing talks to end the US-Iran war.
New airfare rules make cancellation charges, refund terms upfront
The Indian government has introduced a new set of aviation rules, mandating airlines to clearly display cancellation charges and refund conditions.
SEBI plans to remove inactive companies from stock market listings
The Securities and Exchange Board of India (SEBI) is planning to delist companies that have no economic activity from stock exchanges.
Prosus gets regulator nod to acquire stake in Navi
The Competition Commission of India (CCI) has approved Dutch investment group Prosus's proposal to acquire a stake in Navi Ltd.
Footage shows how PNB employee stole crores from customer accounts
A Punjab National Bank (PNB) office assistant, Deepanshi Sharma, has been accused of embezzling money from customers at the bank's Sector Pi-1 branch in Greater Noida.
Indian government can intervene in airline tariffs under new rules
The Indian government has issued new airfare regulations under the Bharatiya Vayuyan Niyam, 2026.
GST collections hit ₹2.3L crore in October, up 22.9% YoY
India's gross Goods and Services Tax (GST) collection for October stood at ₹2.31 lakh crore, a whopping 22.9% increase from the same month last year, official data released on November 1 showed.
Foreign investors continue sell-off, withdraw ₹34,800cr in October
Amid rising economic fears, foreign portfolio investors (FPIs) withdrew ₹34,843 crore from Indian equities in October.
IDBI Bank strike on November 2-3: What customers should know
IDBI Bank has received a notice of strike from the Association/Union for November 2 and 3.
UPI processes ₹1L crore in daily transactions for 1st time
The Unified Payments Interface (UPI) has hit a new milestone, processing an average of over ₹1 lakh crore in transactions per day for the first time in October.
OpenAI reportedly cuts funding target by $10B ahead of IPO
OpenAI has reportedly lowered its funding target for the latest round by $10 billion.
Apple overtakes NVIDIA to become world's most valuable company
Apple has reclaimed its position as the world's most valuable company, surpassing NVIDIA.
Commercial LPG cylinder price hiked by ₹10
The price of a 19-kg commercial liquefied petroleum gas (LPG) cylinder has been increased by ₹10 to ₹2,820 from today.