Business

The rupee fell 4 paise to 88.69 against the US dollar in early trade on Monday, pressured by a strong dollar amid the US government shutdown and rising crude oil prices. Markets show short-term consolidation with medium-term rupee strength.

Indian banking is transforming rapidly as digital innovation replaces traditional services — the winners will be banks that balance trust with technology

Seven of India’s top 10 most valued firms saw their combined market capitalization drop by ₹88,635 crore last week amid weak equities, with Bharti Airtel and TCS leading losses. Reliance, HDFC Bank, and Infosys also declined, while SBI, LIC, and Bajaj Finance gained

High AI stock valuations are causing caution among foreign institutional investors (FIIs), leading to significant selling in India. Persistent outflows, mixed earnings, and global uncertainties are affecting markets, while improving domestic indicators may provide some support.

Global investment firm Think Investments has invested Rs 136 crore in edtech unicorn PhysicsWallah ahead of its Rs 3,480-crore IPO opening on November 11. The investment involves a 0.37 per cent stake purchase from 14 employees at Rs 127 apiece

The Bombay Stock Exchange (BSE) has placed nine stocks, including RRP Semiconductors, under a new weekly trading surveillance framework from November 10, 2025, to curb excessive volatility and maintain market integrity

India’s smartphone market is projected to grow moderately in 2025, driven by 5G adoption, premiumisation, and strong festive demand. According to CMR, 5G phones now account for 89% of shipments, with affordable models fueling the next wave of growth

Gold prices fell for a third consecutive week, pressured by a stronger dollar and fading hopes of a US Fed rate cut. Global economic uncertainty, eased US–China trade tensions, and changes in China’s gold retail policies also impacted bullion demand.

The US government shutdown is causing widespread flight cancellations, with over 700 flights scrapped on Friday. Air traffic controllers working without pay are leaving, raising fears that delays and cancellations could worsen before the Thanksgiving holiday.

Elon Musk won shareholder approval for a Tesla pay plan that could make him the world’s first trillionaire if he meets ambitious targets, including EV production and deploying a million humanoid robots, amid criticism over his management and public conduct

Ahead of the release of The Girlfriend, actor Vijay Deverakonda praised Rashmika Mandanna and the film’s team, calling it “powerful” and “impactful.” The Rahul Ravindran directorial, cleared by the CBFC with a U/A certificate, releases worldwide on Friday.

Benchmark indices Sensex and Nifty fell sharply in early trade on Friday amid persistent foreign fund outflows and weak global cues. IT and tech stocks led the losses even as DIIs continued to support the market through strong buying.

The rupee fell 3 paise to 88.66 against the US dollar on Friday amid foreign fund outflows and a stronger greenback. Weak domestic equities and higher crude oil prices further weighed on the local currency, traders said.

On July 26, 2023, the Mumbai-based diversified firm had announced the acquisition of a 3.53 per cent stake in RBL Bank as a treasury investment at a cost of Rs 417 crore 

Gold futures on the MCX surged Rs 791 to Rs 1,21,313 per 10 grams on Thursday, supported by firm global cues and a weaker dollar. Silver followed suit, gaining Rs 1,251 per kg as global prices rose above USD 4,000 per ounce

The Enforcement Directorate (ED) has summoned Reliance ADAG Chairman Anil Ambani again on November 14 in a money laundering probe after attaching Rs 4,462 crore worth of land in Navi Mumbai. The case involves alleged diversion of loans worth Rs 40,000 crore

The ED has summoned Anil Ambani on November 14 in a money laundering case involving Reliance ADAG group firms. The agency recently attached assets worth ₹4,462 crore, alleging diversion of ₹40,000 crore in loans across group entities.

Benchmark indices Sensex and Nifty rebounded in early trade on Thursday, tracking global gains and buying in blue-chip stocks. Asian Paints led the rally even as FIIs sold shares and DIIs turned net buyers, exchange data showed.

The rupee appreciated by 8 paise to 88.62 against the US dollar in early trade on Thursday, supported by strong domestic equities and lower crude prices. However, selling by foreign investors limited larger gains, forex traders said.

Progress isn’t assured; the Nobel laureates Joel Mokyr, Philippe Aghion, and Peter Howitt stress the need to protect innovation and openness

The drug major continues to see healthy demand across key markets, with US and Europe businesses performing in line with expectations, said its Vice-Chairman and Managing Director K Nithyananda Reddy

Microsoft will allow Microsoft 365 Copilot interactions to be processed locally in 15 countries by 2026, including India. The move enhances data security, sovereignty, and compliance for governments and regulated industries, following recent legal and operational updates in India

Gold prices stayed weak amid a stronger US dollar and global market caution. Spot gold hovered around $3,940 per ounce, while MCX December futures fell 0.43 per cent to Rs 1,20,886 per 10 grams. Experts expect a rebound later this year.

While tariffs bring immediate challenges, they also open doors to innovation and capacity building for the MSME sector