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Business News

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02 Nov 2026
• TL;DR

Mondelez tells Moo Free to stop selling 'White Choccy Snowballs'

Mondelēz International, owner of Cadbury, demands vegan brand Moo Free remove its White Choccy Snowballs from shelves over a trademark dispute concerning the term "snowball."

02 Nov 2026
• TL;DR

Darius Khambata backed Noel Tata and supported Mehli Mistry's proposal

Darius Khambata revealed internal pressure to delay Noel Tata’s appointment as chairman of Tata Trusts, despite backing the decision following Ratan Tata's death.

02 Nov 2026
• TL;DR

Clinics on Cloud raises $12.5 million to expand AI microclinics

Pune-based Clinics On Cloud has raised $12.5 million in a Series A round, aiming to enhance AI-led healthcare and expand its microclinic network internationally.

02 Nov 2026
• TL;DR

DeHaat revenue falls nearly 10% to ₹2,715cr, net loss ₹224cr

DeHaat reported operating revenue of Rs 2,715 crore in FY26, marking a 9.8% decline as the company focused on developing its own brands.

02 Nov 2026
• TL;DR

Markets watch Fed and US midterms as silver rises

Silver prices increased by 2.5% to $50.33 per ounce as oil prices declined, easing inflation concerns and impacting investor sentiment positively in the precious metals market.

02 Nov 2026
• TL;DR

Sensex rises 1,233 points as Reliance Industries profit up 32%

Benchmark indices surged nearly 2% on Monday, with Reliance Industries achieving its best gains since 2020 after reporting a significant profit increase in Q2FY27.

EPFO lets members check PF balance on WhatsApp

The Employees' Provident Fund Organisation (EPFO) has launched two new initiatives to simplify its services.

02 Nov 2026
• TL;DR

Bitcoin drops to $77,900 as Binance reopens withdrawals after hack

Bitcoin fell 0.4% to around $77,900 as Binance customers withdrew a net $3.64 billion following the reopening of withdrawals, impacting market dynamics.

02 Nov 2026
• TL;DR

IDBI Bank staff strike over government sale to Fairfax Financial

IDBI Bank employees launched a two-day strike against the planned privatization and sale to Fairfax Financial, citing concerns over transparency and national interest.

02 Nov 2026
• TL;DR

Zen Technologies stock climbs 8.32% on record Q2 revenue ₹345.13cr

Shares of Zen Technologies Limited soared 8.32% to ₹1,720.60 after the company reported its highest-ever quarterly revenue of ₹345.13 crore for Q2 FY27.

02 Nov 2026
• Reliance Industries

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.

02 Nov 2026
• Diwali

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.

02 Nov 2026
• TL;DR

Petronet LNG posts Q2 FY27 profit ₹1,235.4cr, revenue ₹7,200cr

Petronet LNG reported a 9.1% increase in net profit to ₹1,235.4 crore for Q2 FY27, with revenue from operations rising 29.6% to ₹7,200 crore sequentially.

02 Nov 2026
• TL;DR

BlackRock's Ben Powell says India could be AI investment hotspot

BlackRock's Ben Powell highlights that the recent US earnings season has increased scrutiny on AI investments, while maintaining a tactically neutral stance on Indian equities.

02 Nov 2026
• TL;DR

Amazon bans Meta's Muse AI shopping tool over safety concerns

Amazon has blocked Meta's AI shopping agent, Muse, citing safety concerns. CEO Andy Jassy downplayed the impact of outside shopping bots on the company's operations.

02 Nov 2026
• TL;DR

Marico posts ₹550cr profit, revenue rises 13% on domestic demand

Marico reported a consolidated net profit of Rs 550 crore, marking a 31% increase year-on-year, driven by strong domestic demand and revenue growth.

02 Nov 2026
• TL;DR

Milky Mist tightens storage and transport after FSSAI advisory

Milky Mist has implemented comprehensive storage and temperature control SOPs across its distribution network following FSSAI's advisory on handling perishable goods.

02 Nov 2026
• TL;DR

Darius Khambata resigns citing independence and Chandrasekaran reappointment concerns

Senior advocate Darius Khambata declined reappointment as a trustee, criticizing developments at Tata Sons, including N. Chandrasekaran's controversial reappointment as chairman.

02 Nov 2026
• Canada

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.

02 Nov 2026
• TL;DR

Sensex rallies as Reliance Industries jumps 11.5% on Q2 earnings

Indian benchmarks surged on November 2, with the Nifty crossing 23,400 and Sensex jumping 1,233 points, driven by Reliance Industries' significant gains.

02 Nov 2026
• TL;DR

IIM Kashipur's Samanvaya conclave: Leaders say AI will change jobs

AI is transforming job roles and recruitment, emphasizing human judgment and problem-solving, as discussed by HR leaders at IIM Kashipur’s Samanvaya 2026.

02 Nov 2026
• TL;DR

Nirmala Sitharaman says government boosts capex for 2026-27 to ₹12.22L/cr

Finance Minister Nirmala Sitharaman announced that the government will maintain its capital expenditure drive to sustain India's growth, as private sector investment lags.

02 Nov 2026
• TL;DR

FUEL SkillTech trains 568 rural Karnataka students in AI, coding

FUEL SkillTech University, in collaboration with KDEM, has trained 568 students in AI, coding, and employability skills under the NIPUNA Karnataka initiative.

02 Nov 2026
• TL;DR

Bharti Airtel's Gopal Vittal re-elected GSMA chair until December 2028

Gopal Vittal has been re-elected as Chair of the GSMA Board for the 2027-2028 term, continuing his leadership role in guiding global telecom strategies.

ED files money laundering case against Subhash Chandra

The Enforcement Directorate (ED) has filed a money laundering case against media mogul Subhash Chandra.

02 Nov 2026
• TL;DR

IndiGo to hire 1,000 pilots by March-end in record move

IndiGo is set to hire 1,000 pilots this fiscal year, marking the largest recruitment drive by an Indian airline, as it expands its international operations.

02 Nov 2026
• TL;DR

Naman Bansal and Shreyans Jain raise $1.3 million for Manicule

Naman Bansal and Shreyans Jain, young entrepreneurs from India, secured $1.3 million in seed funding for their AI startup Manicule, backed by Y Combinator and Broom Ventures.

02 Nov 2026
• TL;DR

Motilal Oswal retains buy on Dixon Technologies at ₹15,900 target

Motilal Oswal recommends a buy on Dixon Technologies, setting a target price of Rs 15,900 due to strong performance in mobile and IT hardware segments.

02 Nov 2026
• TL;DR

India raises ₹84,400cr in H1 FY27 IPOs, 30% increase

India's mainboard IPO market raised a record Rs 84,400 crore in H1 FY27, marking a 30% increase over the previous year, driven by strong Q2 activity.

02 Nov 2026
• TL;DR

GAIL Q2 outperforms, Motilal Oswal recommends buying at ₹200 target

Motilal Oswal has issued a buy rating for GAIL, setting a target price of Rs 200, following strong Q2 FY27 performance in natural gas trading and LPG segments.

02 Nov 2026
• TL;DR

Oracle CTO Larry Ellison urges taxing machines to support incomes

Larry Ellison envisions AI-driven productivity enhancing wealth, advocating for a taxation shift from human labor to machine-generated value to support higher living standards.

02 Nov 2026
• TL;DR

Motilal Oswal rates Go Fashion India buy with ₹300 target

Motilal Oswal recommends a buy rating for Go Fashion India, setting a target price of Rs 300 despite recent revenue declines and margin pressures.

02 Nov 2026
• TL;DR

Morgan Stanley and JPMorgan give NSE overweight with price targets

Morgan Stanley and JPMorgan have initiated coverage on NSE with Overweight ratings, citing up to 30% upside potential due to India's growing retail market participation.

02 Nov 2026
• TL;DR

IndiGo adding lie-flat business beds on A350-900s in Q2 2028

IndiGo plans to introduce lie-flat seats in its A350-900 business class, enhancing its appeal for long-haul travelers as it expands beyond no-frills services.

02 Nov 2026
• TL;DR

Abu Dhabi's ADNOC partners with OpenAI and G42 at ADIPEC

Abu Dhabi's ADNOC and G42 have partnered with OpenAI to deploy advanced AI technologies, marking a significant milestone in the energy sector as Sam Altman visits the UAE.

02 Nov 2026
• China

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.

02 Nov 2026
• TL;DR

Odisha begins construction on $4.7B India's 1st compound semiconductor fab

Odisha is investing $4.7 billion in semiconductor projects, aiming to transform from a mining state into a key player in India's burgeoning chip manufacturing sector.

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.

02 Nov 2026
• TL;DR

Anthropic eyes $2T IPO while Dario Amodei cites AI safety

As Anthropic's IPO approaches, potentially valuing the company at up to $2 trillion, CEO Dario Amodei worries about maintaining mission-focused employees.

02 Nov 2026
• TL;DR

SEBI seeks LTCG tax removal for foreign investors in India

The Securities and Exchange Board of India (SEBI) is advocating for the removal of long-term capital gains tax on foreign investors to boost India's underperforming equity markets.

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.

02 Nov 2026
• Swiggy

JioHotstar launches ads that let viewers shop while streaming content

JioHotstar has launched a new advertising format, StreamToCart Ads, to revolutionize digital marketing.

02 Nov 2026
• TL;DR

Goldman Sachs forecasts Bank of England 0.25% rise February 2027

Goldman Sachs anticipates the Bank of England will raise interest rates by 25 basis points in February, driven by elevated energy prices and robust economic data.

02 Nov 2026
• TL;DR

Alphabet launches 2nd euro bond sale amid AI spending concerns

Alphabet Inc. has launched a seven-part euro bond sale, testing investor demand amid concerns over technology companies' AI spending and recent stress in technology debt markets.

02 Nov 2026
• TL;DR

Blind survey: 91% of Microsoft India received hikes

In 2026, 91% of Microsoft India respondents reported receiving salary hikes of 5% or less, marking a significant increase from the previous year's figure of 45%.

02 Nov 2026
• South Korea

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.

02 Nov 2026
• Startup Funding

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.

02 Nov 2026
• TL;DR

India records 6th straight month of LPG growth in October

India's LPG consumption reached an 8-month high of 2.61 million tonnes in October 2026, driven by increased imports from the US and Algeria despite the Strait of Hormuz blockade.

02 Nov 2026
• TL;DR

US tech giants cut buybacks to fund AI infrastructure buildouts

Major US tech companies slashed share buybacks by 83% in early 2026 as record AI infrastructure investments pushed their combined free cash flow into a $14 billion deficit.

02 Nov 2026
• TL;DR

On Monday, Sensex falls 500 points, Nifty slips below 23,250

Benchmark indices Sensex and Nifty pared gains on November 2 due to profit booking and selling in IT shares, with technical resistance levels influencing market movements.

02 Nov 2026
• TL;DR

Sergey Brin loses $29B after Alphabet stock drops over 12%

Sergey Brin, Google's co-founder, saw his fortune decrease by $29 billion in one day as Alphabet's stock plummeted, erasing over $500 billion from its market value.

02 Nov 2026
• TL;DR

Income-tax Act 2025 changes taxation of Diwali gifts and bonuses

Understand the tax implications of employer gifts this Diwali, as gifts up to ₹15,000 are tax-free under the Income-tax Act, 2025, but bonuses are fully taxable.

02 Nov 2026
• TL;DR

Emkay Global retains Buy on Dixon Technologies, ₹16,400 target

Emkay Global Financial recommends a buy rating for Dixon Technologies, setting a target price of Rs 16,400 due to strong topline growth and strategic market positioning.

02 Nov 2026
• TL;DR

Zee 5 launches ZAP with Saptharushi to respect viewer privacy

Zee 5 has introduced the Zee 5 Audience Platform (ZAP) in collaboration with Saptharushi to enhance advertising through privacy-first audience intelligence and targeted insights.

02 Nov 2026
• TL;DR

Delhivery posts solid Q2, Emkay Global keeps buy, targets ₹500

Emkay Global Financial recommends a buy on Delhivery, setting a target price of Rs 500, citing strong operational performance and margin expansion despite inflationary pressures.

02 Nov 2026
• TL;DR

Coal India hits record October supply, shares jump over 4%

Coal India shares rose over 4% after the company reported its highest-ever monthly coal supplies in October, with total deliveries surpassing 70 million tonnes for the first time.

02 Nov 2026
• GST

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.

02 Nov 2026
• TL;DR

Dixon Technologies stock rises 11% despite net profit almost halved

Dixon Technologies shares soared 11% following a 46.7% year-on-year revenue increase to Rs 21,794 crore in Q2FY27, despite a significant drop in net profit.

02 Nov 2026
• TL;DR

Anand Rathi gives IndiGo buy rating with ₹5,550 target

Anand Rathi has issued a buy rating for IndiGo, setting a target price of Rs 5,550, citing strong revenue growth and a dominant market position despite rising fuel costs.

02 Nov 2026
• TL;DR

India and EU plan customs digitalisation ahead of December FTA

India and the European Union have initiated discussions on customs procedures to implement their free trade agreement, with a signing planned for December.

02 Nov 2026
• TL;DR

Anand Rathi gives Dixon Technologies buy call, ₹18,000 target

Anand Rathi has issued a buy rating for Dixon Technologies, setting a target price of Rs 18,000 due to strong mobile volume growth and promising medium-term prospects.

02 Nov 2026
• TL;DR

India and New Zealand sign FTA to open NZ market

The India-New Zealand FTA, effective April 27, 2026, enhances trade and investment opportunities, positioning India to strengthen its presence in the Asia-Pacific region.

02 Nov 2026
• TL;DR

Anthropic eyes up to $3.5B from Japan before US IPO

Anthropic PBC plans to raise up to $3.5 billion from Japanese investors in its US initial public offering, managed by Mizuho Securities and other major financial groups.

02 Nov 2026
• TL;DR

HDFC Bank shares dip after Sanjay D'Souza's nearly 27-year exit

HDFC Bank shares fell 0.34% amid heavy selling as Sanjay D’Souza, Group Head of Business Banking, retired, marking another leadership change following recent executive departures.

02 Nov 2026
• TL;DR

Razorpay wins IFSCA license for international payments at GIFT City

Razorpay has secured a payment service provider licence from the IFSCA, enabling it to process foreign-currency payments from Gift City, Gujarat.

02 Nov 2026
• TL;DR

GMAC: 71% business schools include AI, 37% teach practical use

A recent report reveals that while 71% of business schools teach AI, only 37% offer training in everyday AI skills, highlighting a gap in practical application.

02 Nov 2026
• TL;DR

India and EU finalizing free trade deal for December signing

India and the EU have engaged in discussions on customs cooperation and trade facilitation, aiming to resolve outstanding issues before the anticipated December signing.

02 Nov 2026
• TL;DR

JPMorgan Chase, Charles Schwab ban personal AI agents, Accenture warns

JPMorgan Chase and Charles Schwab are restricting AI agents, but Accenture warns that blocking them could hinder progress as consumer demand for AI-driven financial tools grows.

02 Nov 2026
• TL;DR

ET Product Awards 2026 spotlight India's tech and consumer products

The Economic Times Product of the Year Awards 2026 highlight products across diverse categories, celebrating innovations that drive significant market impact and customer loyalty.

02 Nov 2026
• TL;DR

Rajasthan Tamil Nadu Chhattisgarh Madhya Pradesh raise DA and DR

Four states—Rajasthan, Tamil Nadu, Chhattisgarh, and Madhya Pradesh—have announced increases in dearness allowance for state employees and pensioners ahead of Diwali.

02 Nov 2026
• TL;DR

Spandana Sphoorty Financial reports ₹7.8cr stolen in cyber fraud

Spandana Sphoorty Financial experienced a cyber fraud on November 1, involving unauthorized transactions totaling approximately 78 million rupees transferred to multiple accounts.

02 Nov 2026
• Vietnam

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.

02 Nov 2026
• TL;DR

Nasdaq tumble on October 30 raises doubts about AI funds

The recent Nasdaq selloff, driven by concerns over AI spending, has led to significant declines in US-focused mutual funds, with some technology funds falling up to 11% in a month.

02 Nov 2026
• TL;DR

Bajaj Auto posts 14% October sales rise to 591,876 vehicles

Bajaj Auto reported a 14% year-on-year increase in total sales for October, with significant growth in both two-wheelers and commercial vehicles.

02 Nov 2026
• TL;DR

PC Jeweller stock slips after SEBI warnings to 2 executives

PC Jeweller shares fell over 4% after Sebi issued warning letters to senior executives for failing to maintain a structured digital database linked to a 2025 business update.

02 Nov 2026
• TL;DR

Indian government bonds rally as Brent falls amid Iran talks

Indian government bonds rallied as crude oil prices declined, driven by hopes of a US-Iran deal, which is expected to boost market demand and alleviate inflation concerns.

02 Nov 2026
• TL;DR

Emirates NBD stake in RBL Bank targets 350 million Indians

Emirates NBD is deepening its presence in India, focusing on strategic investments and leveraging its technological expertise following the acquisition of a stake in RBL Bank.

02 Nov 2026
• Bitcoin

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.

02 Nov 2026
• TL;DR

Bank of Japan expected to raise rate in December 2026

The Bank of Japan is likely to raise interest rates to 1.5% in December, but uncertainty surrounds further increases as the central bank assesses economic impacts.

02 Nov 2026
• TL;DR

HSBC, HKUST to launch Hong Kong AI institute early 2027

HSBC plans to establish an artificial intelligence institute in Hong Kong by early 2027, expanding its AI initiatives after launching a similar center in Singapore.

02 Nov 2026
• TL;DR

OMRON Healthcare starts full-scale production at 1st Chennai-area plant

Omron Healthcare has launched full-scale production of blood pressure monitors at its first Indian facility near Chennai, aiming for a tenfold capacity increase by 2028.

02 Nov 2026
• TL;DR

October 2026 Indian startup funding down 47.5% to $678 million

Indian startups raised $678 million in October, marking a 47.5% month-on-month decline, as the absence of large funding rounds significantly impacted overall investments.

02 Nov 2026
• TL;DR

Delhivery stock up almost 10% after ₹40.6 cr Q2 profit

Shares of Delhivery rose nearly 10% following strong Q2 results, with analysts predicting up to a 42% upside due to improved operational performance and positive future outlook.

02 Nov 2026
• TL;DR

India manufacturing PMI slips to 54.7 in October while expanding

India's manufacturing PMI eased to 54.7 in October, indicating moderated growth, while export orders surged to their highest pace in six months.

02 Nov 2026
• TL;DR

October 2026 Indian equities outpace Asia-Pacific as IT sector strengthens

Indian equities excelled in October, driven by a shift from AI-sensitive North Asian markets to IT services, outperforming the broader Asia-Pacific region by 7 percentage points.

02 Nov 2026
• TL;DR

PhonePe invest records 50% new-user spike and 80% signup rise

PhonePe Invest experienced a 50% increase in new customer additions in October 2026, following its transformation and introduction of innovative tools like the Portfolio Optimiser.

02 Nov 2026
• TL;DR

Gold and silver rebound as oil falls, easing inflation worries

Gold prices climbed above $3,900 per ounce, while silver exceeded $50, as declining oil prices alleviated inflation worries and supported the recovery of precious metals.

02 Nov 2026
• TL;DR

Foxconn explores OpenAI partnership after Young Liu met Sam Altman

Foxconn is in discussions with OpenAI for a new partnership, as Chairman Young Liu asserts the AI industry is not experiencing a bubble.

02 Nov 2026
• TL;DR

Indian rupee at 94.97 per US dollar despite oil fall

The rupee fell 21 paise to 94.97 against the U.S. dollar on November 2, 2026, as the American currency strengthened in overseas markets.

02 Nov 2026
• Inflation

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.

02 Nov 2026
• TL;DR

Bitcoin up 1% to $78,600 as investors eye US midterms

Bitcoin rose about 1% to roughly $78,600 as markets stabilized following a record $6.3 billion hack at Binance, marking its third consecutive day of gains.

02 Nov 2026
• IDBI Bank

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.

02 Nov 2026
• TL;DR

EAAA India Alternatives opens at ₹1,675.50 NSE, ₹1,673 BSE

Shares of EAAA India Alternatives Ltd. debuted at a slight premium on November 2, with NSE listing at ₹1,675.50 and BSE opening at ₹1,673 against the issue price of ₹1,665.

02 Nov 2026
• Reliance Industries

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.

02 Nov 2026
• TL;DR

Bitcoin rebounds 1.09% to near $78,542 amid ETF outflows

Bitcoin surged near $78,542, recovering 1.09% in 24 hours after last week's sell-off to a six-week low, as crypto markets show signs of stabilization.

02 Nov 2026
• TL;DR

Sensex jumps over 950 points as BSE gains nearly ₹4L/cr

The Indian stock market surged on Monday, with Sensex soaring over 950 points and Nifty surpassing 23,300, driven by factors like falling oil prices and strong corporate earnings.

02 Nov 2026
• Sensex

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.

02 Nov 2026
• Ministry of Civil Aviation

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.

02 Nov 2026
• TL;DR

Jio Platforms shares climb over 3% after ₹8,389cr September profit

Jio Platforms shares rose over 3% following a 14% year-on-year increase in Q2 net profit to Rs 8,389 crore, driven by subscriber growth and digital services expansion.

02 Nov 2026
• TL;DR

Sensex opens nearly 900 points higher, Reliance Industries profits rise

Sensex surged nearly 900 points as oil prices fell, while Nifty futures indicated a positive start amid ongoing talks to end the Iran conflict.

02 Nov 2026
• TL;DR

Indian rupee opens stronger at 94.89 per $1, Asia slips

The Indian rupee opened slightly higher at 94.89 against the US dollar, while most Asian currencies, including the South Korean Won and Malaysian Ringgit, traded lower.

02 Nov 2026
• TL;DR

Cisco taps Padmanabhan Krishnamurthy to rewrite 98% of legacy code

Cisco president Jeetu Patel entrusts 27-year-old Padmanabhan Krishnamurthy with the ambitious task of rewriting 98% of the company's legacy code, providing him unlimited AI tokens.

02 Nov 2026
• TL;DR

Spot gold $3,894.89 near year low amid Fed tightening talk

Gold and silver prices hover near a one-year low as expectations of a US Federal Reserve rate hike in December weigh on the precious metals market.

02 Nov 2026
• TL;DR

US tech giants' debt surges to $578B amid AI buildout

The combined debt of the Magnificent Seven tech giants has soared 45% to $578 billion by mid-2026, driven by rapid AI infrastructure expansion and rising borrowing costs.

02 Nov 2026
• TL;DR

China's biggest airlines report mixed Q3 as jet fuel more-than-doubled

China's three largest airlines are experiencing significant financial losses due to soaring jet fuel prices, weak domestic airfares, and disruptions during the peak travel season.

02 Nov 2026
• TL;DR

DGCA requires airlines to disclose fares and refund terms

Airlines must now disclose cancellation charges and refund conditions separately when displaying airfares, as per the Bharatiya Vayuyan Niyam, 2026, effective January 1, 2027.

02 Nov 2026
• TL;DR

Gold at $3,919.70 while silver at $49.905 rebound in Asia

Gold and silver prices edged higher in early Asian trade on November 2, recovering slightly after sharp losses last week amid ongoing market volatility and economic uncertainty.

02 Nov 2026
• TL;DR

Binance resumes withdrawals after recovering 95% of $6.3B stolen

Binance has resumed withdrawals for select cryptocurrencies after recovering 95% of the $6.3 billion stolen in a North Korean-linked heist.

02 Nov 2026
• TL;DR

Goldman Sachs raises Brent to $105 and WTI to $94

Goldman Sachs increased its oil price forecasts due to high supply disruption risks from ongoing conflicts in Russia-Ukraine and the Middle East, impacting market risk premiums.

02 Nov 2026
• TL;DR

Deepinder Goyal faces skepticism launching temple despite IIT Delhi M.Tech

Deepinder Goyal claims his 'Zomato guy' reputation hinders the credibility of his new health-tech venture, Temple, a wearable device monitoring brain blood flow and entropy.

02 Nov 2026
• TL;DR

Japan PMI slows to 53.3 but expansion reaches 10 months

Japan's manufacturing sector expanded at its slowest pace in seven months in October, as rising input costs and weaker output and new orders weighed on growth.

02 Nov 2026
• TL;DR

Binance resumes withdrawals after $6.3 billion hack, 2.1% net outflow

Binance, the world's largest crypto exchange, resumed withdrawals after a $6.3 billion cyber theft, experiencing a net outflow of $3.64 billion as activity stabilized.

02 Nov 2026
• TL;DR

Reliance Industries reports consolidated Ebitda up 23.9% to ₹62,409 cr

Reliance Industries reported robust growth in the September quarter, driven by its oil-to-chemicals segment, despite retail profitability pressures.

02 Nov 2026
• TL;DR

Asian stocks slip as AI spending raises default insurance costs

Asian markets dipped amid concerns over the AI investment boom's sustainability, while investors await key earnings reports from tech giants like Apple and AMD this week.

02 Nov 2026
• TL;DR

Oil prices dip as Iran, Qatar hold peace talks

Oil prices fell over 1% as Iran and Qatar continued peace talks, with Brent crude slipping below $112. Traders remain cautious ahead of the US midterm elections.

02 Nov 2026
• TL;DR

Rajan Anandan: India poised to become world's startup IPO hub

Rajan Anandan of PeakXV Partners envisions India as the leading start-up IPO hub, predicting 25–30 AI unicorns by 2030, driven by innovation and government support.

02 Nov 2026
• TL;DR

Anthropic seeks $100B IPO and $1.5T valuation, India excluded

India's ultra-rich are eager to invest in Anthropic's upcoming mega IPO, yet access remains limited due to scarce stock availability and international offering restrictions.

02 Nov 2026
• TL;DR

Foreign investors pour $1.2 billion into Indian shares after outflows

Foreign portfolio investors have recently shifted to net buying of Indian equities, investing nearly $1.2 billion, as concerns over the AI trade influence global investment flows.

02 Nov 2026
• TL;DR

IRDAI reviews more than 650 responses to commission overhaul proposal

IRDAI is reviewing over 650 stakeholder responses to its proposed changes in insurance commissions and distribution expenses, with feedback submission closing on October 31.

02 Nov 2026
• TL;DR

Stefan Bollinger warns of AI bubble as India market cools

Stefan Bollinger, CEO of Julius Baer, asserts that banks are secure while warning that an AI bubble could significantly impact global markets.

02 Nov 2026
• TL;DR

Gulf investors renew interest in India's AI and space sectors

Gulf-based investors are selectively exploring opportunities in India's AI and space technology sectors, despite overall subdued interest due to currency depreciation.

02 Nov 2026
• TL;DR

Binance posts $3.6B outflow after $6.3B hack and pledges refunds

Binance experienced a net outflow of $3.6 billion in cryptoassets following a historic $6.3 billion hack, attributed to North Korean hackers, and subsequent withdrawal restoration.

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.

01 Nov 2026
• Sachin Bansal

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.

01 Nov 2026
• Punjab National Bank

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.

01 Nov 2026
• Indian Government

Indian government can intervene in airline tariffs under new rules

The Indian government has issued new airfare regulations under the Bharatiya Vayuyan Niyam, 2026.

01 Nov 2026
• GST

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.

01 Nov 2026
• Nifty

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.

01 Nov 2026
• IDBI Bank

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.

01 Nov 2026
• OpenAI

OpenAI reportedly cuts funding target by $10B ahead of IPO

OpenAI has reportedly lowered its funding target for the latest round by $10 billion.

01 Nov 2026
• Apple

Apple overtakes NVIDIA to become world's most valuable company

Apple has reclaimed its position as the world's most valuable company, surpassing NVIDIA.

01 Nov 2026
• Delhi

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.

31 Oct 2026
• Rajasthan

Rajasthan man shocked by ₹10L crore lien on his account

In a bizarre turn of events, a 22-year-old medical store employee from Sikar, Rajasthan, found a lien of ₹1 lakh crore on his Kotak Bank account.

31 Oct 2026
• McDonald's

US judge allows lawsuit claiming McDonald's misled customers about McRib

McDonald's has been hit with a consumer fraud lawsuit over its popular McRib sandwich.

31 Oct 2026
• Anthropic

Anthropic may fail to secure investment-grade rating after IPO

Blackstone, the private capital giant, has told investors that Anthropic may not secure an investment-grade rating immediately after its IPO, Financial Times reported.

31 Oct 2026
• Layoff News

Alaska Air to lay off 200 employees amid financial challenges

Alaska Air Group has announced plans to lay off around 200 non-contract employees.

31 Oct 2026
• Indian Government

Centre forms high-level committee to review India's banking sector

The Indian government has formed a five-member high-level committee to review the country's banking sector.

31 Oct 2026
• Intel

Intel stock crash wipes $12B off US government's stake

Intel's stock suffered its worst single-day decline since the 1970s, plummeting by a staggering 29% on Friday.

Indian travelers can now use UPI at Burj Khalifa

Indian travelers can now use Unified Payments Interface (UPI) apps for online bookings at major tourist attractions in the UAE and Singapore.

31 Oct 2026
• Intel

Intel, Reddit plunge 29% as Nasdaq suffers worst-fall since June

The Nasdaq composite index witnessed its worst fall since June, with major tech companies like Intel and Reddit taking a huge hit.

Atomberg Technologies gets SEBI nod for IPO

Mumbai-based consumer appliances maker Atomberg Technologies has received approval from the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO).

30 Oct 2026
• NVIDIA

NVIDIA may back Nscale's loan for Anthropic data center

NVIDIA is reportedly in talks to provide credit guarantees worth billions of dollars to AI cloud provider Nscale.

30 Oct 2026
• Huawei

US to block Chinese telecoms from accessing American phone numbers

The US is preparing to bar Chinese telecom firms from direct access to American phone numbers.

30 Oct 2026
• France

Meta loses French court appeal over payments for publishers' rights

Meta Platforms has lost its appeals against interim measures imposed by French regulators over media organizations' publishing rights.

30 Oct 2026
• Jio Platforms Limited

Jio Platform's Nifty entry could bring ₹36,500cr in passive buying

Jio Platforms, India's second-most valuable company with a market capitalization of ₹13 lakh crore, may be added to the Nifty 50 index in September 2027. The BSE Sensex index could follow suit in December 2027.

30 Oct 2026
• Reserve Bank Of India (RBI)

RBI tightens checks on banks amid rising cyberattack threats

The Reserve Bank of India (RBI) is tightening its grip on banks amid the growing threat of cyberattacks.

30 Oct 2026
• Amazon

Why Google, Amazon, Intel shares crashed up to 23%

Shares of tech giants Alphabet (Google), Amazon, and Intel plummeted on Thursday. The decline was as steep as 23% in after-hours trading.

30 Oct 2026
• NVIDIA

Alleged Chinese spy developed close ties with NVIDIA CEO

Alice Huang, a Chinese national and former executive at Megaspeed, has been accused of espionage.

30 Oct 2026
• Sensex

Sensex gains over 550 points: What's behind today's rally?

India's benchmark indices, the Sensex and Nifty, have bounced back from their earlier losses to trade in the green on October 30. The recovery is due to various reasons, including buying in IT shares.

30 Oct 2026
• Starbucks

Starbucks India cuts FY26 losses 27% as revenue hits ₹1,367cr

Starbucks India has reported a modest 7% year-on-year growth in its revenue from operations for fiscal year 2026 (FY26).

30 Oct 2026
• World Bank

India's extreme poverty rate drops from 27.1% to 2.6% but....

India's extreme poverty rate has dropped to 2.6% in 2023 from the 27.1% recorded in 2011, according to the World Bank's October 2026 Poverty and Equity Brief.

30 Oct 2026
• Amazon

Amazon reports $42.4B cash outflow as AI spending surges

Amazon has reported a massive cash burn in Q3.

30 Oct 2026
• Iran

Crude oil prices hit 6-month high of $118

Oil prices surged on October 30, amid fears of a possible US military strike against Iran.

30 Oct 2026
• HDFC Bank

India's credit card spending falls for first time since 2021

Credit card spending in India fell by 5.9% year-on-year (YoY) to ₹2.04 lakh crore in September 2026.