64 PERCENT PRODUCTION TARGET
CAG widens audit net to assess outcomes of govt schemes, urban mobility
The Comptroller and Auditor General is conducting cross-ministry audits to assess outcomes in areas such as ease of doing business, logistics, education and urban mobility. The reports, covering schemes implemented between 2021 and 2026, will offer recommendations to improve delivery. The auditor is also examining DISCOMs' financial and operational performance and developing in-house AI tools to assist audit work.
PLI schemes achieve 76% of investment target, 64% of production goal: Niti Aayog
The production-linked incentive (PLI) scheme has achieved 76% of its investment target and 64% of its production target, with electronics, telecom and pharmaceuticals emerging as strong performers, Niti Aayog said. As of March 2026, the scheme had attracted ₹2.40 lakh crore in investments, generated production worth ₹22.66 lakh crore and created over 8.49 lakh jobs.
India needs to create high-quality jobs, increase productivity growth: IMF
The International Monetary Fund has upgraded India's potential growth to 6.8 percent, citing favorable demographics and a growing economy. Higher productivity growth and stronger private investment are essential to realize this potential. Faster creation of high-quality jobs is also crucial for sustainable economic development. The IMF continues to view India as a key growth engine for the global economy.
Migration to developed countries declines for second year: OECD
Migration to developed countries experienced a decline of 1.6 percent in 2025 compared to 2024. Many Western nations faced backlash against irregular migrants due to conflict and economic hardships. Legal humanitarian migration saw a significant drop of 26 percent, while labour migration increased by 13 percent. Portugal, Spain, and Italy noted substantial increases in permanent migrants, while the United States and Canada saw decreases.
88% of Nvidia Staff backed Jensen Huang as CEO. Then came a second affair report: Who decides if he stays?
A Blind poll found that 88% of the 232 Nvidia employees surveyed wanted Jensen Huang to stay as CEO. Nvidia opened an independent inquiry into whether Huang was targeted by a foreign intelligence effort. Reuters reported that directors met Wednesday to consider his future. Nvidia had yet to announce a decision as of Nov. 12.
- Go To Page 1
Anthropic IPO: Can Indian investors apply for Claude maker's $64 billion share sale? Check rules
Anthropic, a prominent artificial intelligence company, is planning a significant IPO to raise up to $64.4 billion. The company, founded by former OpenAI executives, aims to attract global investors, including those from India. Indian investors can participate in the offering through overseas brokerage accounts after the listing occurs. While demand for the shares appears strong, most retail investors may miss the IPO allocation.
5 reasons why your product should be nominated for the ET Product of the Year Awards 2026
India's product landscape is rapidly transforming, driven by innovative solutions and upgraded offerings that cater to consumer demands. The ET Product of the Year Awards 2026 aims to shine a spotlight on products that have significantly impacted the market, emphasizing their success, user adoption, and overall customer value. Businesses are invited to submit nominations for products that debuted or evolved during the designated period to celebrate their accomplishments.
Kalyan Jewellers shares jump 15% in 2 days as target prices go up to Rs 900. Should you buy?
Kalyan Jewellers shares have rallied sharply over the two sessions after brokerages raised their target prices following strong Q2 earnings and healthy festive demand. With Jefferies seeing a potential upside to Rs 900, investors are weighing the company's growth prospects against margin pressures, gold-price volatility and the stock's sharp recent gains.
Indian Overseas Bank revises FD interest rates: 6.75% rate on 444-day deposits, rate cut on 180–269 day FDs
Indian Overseas Bank has revised its fixed deposit interest rates, effective from November 10, 2026. Senior citizens can avail an additional interest rate, as well as super senior citizens.
Bata India says new product lines to drive growth, reiterates target to double turnover by 2030
By 2030, Bata India plans to achieve remarkable growth by doubling its turnover and profits. To attract a younger demographic, the company is rolling out innovative sneakers and casual footwear. The 'Reignite India 2030' initiative outlines its strategy for sustained growth, including introducing diverse global products and prioritizing franchisee developments while reviewing new opportunities for its own retail stores.
Americans are already paying more for candy. Could El Niño make chocolate even costlier this Christmas, Valentine’s Day, and Easter?
Meteorologists warn that El Niño is expected to drastically impact cocoa production in Ivory Coast, the leading cocoa producer globally. Anticipated shifts in rainfall and temperature could lead to a potential reduction in cocoa yields by up to 25%. This disruption threatens the supply chains for chocolate, likely raising prices for consumers in the U.S., particularly during festive seasons, given the crucial role cocoa plays in the Ivorian economy.
Pakistan farmers in long fight to make German firms pay for flood damage
Farmers from Pakistan's Sindh province are pursuing legal action against German firms RWE and Heidelberg Materials. They claim these companies' emissions contributed to severe flooding that devastated their livelihoods in 2022. This case marks a significant attempt to hold major polluters accountable for climate change impacts.
Titan bets on studded jewellery, premium watches and eyewear to drive growth
Titan’s strong Q2 performance, driven by studded jewellery and premiumisation, is expected to sustain earnings growth, with gold price stability and a prolonged wedding season likely to revive buyer growth.
Nvidia scandal rocks tech world Web Summit
Allegations of Chinese spying on Nvidia dominated a top world tech conference on Tuesday, with some executives seeing potential opportunities in the turmoil at the US artificial intelligence chip giant. Chinese technology executives attending the summit highlighted emerging alternatives to Nvidia.
Anthropic plans to raise $64 billion through IPO, as per latest draft prospectus
Anthropic is targeting up to $90.4 billion through an IPO and private placement, according to a Reuters-reviewed draft prospectus. The fundraising includes investments from major technology companies such as Google, Nvidia, Microsoft, AMD and Broadcom.
AI could eliminate up to 70% of manual risk tasks in banks, free capacity for strategic roles: McKinsey
McKinsey said banks could reinvest half of the capacity released through automation into stronger analytical capabilities, strategic risk advisory and faster portfolio decisions. The remaining capacity could be directed towards specialised AI engineering, data governance and platform development.
Fossil fuel emissions fall due to Iran war and renewables, finds research
Emissions from the burning of oil, gas and coal -- the main drivers of climate change -- rose by 0.9 percent per year on average in the past decade, hitting a record high in 2025, according to the Global Carbon Budget report.
Claude Fable 5.2, Claude Mythos 5.2: Anthropic unveils new AI models, check features, speed, price, release date
Claude Fable 5.2 targets coding, reasoning and AI agent tasks, while Claude Mythos 5.2 targets approved cybersecurity and life-sciences research applications.
Nvidia sell-off continues: Chipmaker stock plunges 9% as Jensen Huang faces espionage controversy
Nvidia has opened an investigation following CEO Jensen Huang's connection with an executive linked to intelligence efforts. The company announced this after Huang acknowledged his relationship with the executive, raising concerns over security. Nvidia's shares plummeted 8% amidst uncertainty surrounding Huang's future as CEO. Analysts believe Huang's leadership is crucial for Nvidia's ongoing success in AI technology.
Divi’s Laboratories shares gain another 5% after Q2 results. Here’s why Jefferies raised target price by 23%
Shares of Divi’s Laboratories jumped 5% following a 64% YoY surge in Q2 FY27 net profit to Rs 1,127 crore. Brokerage Jefferies raised its target price by 23% to Rs 12,550, citing robust CDMO business expansion, strong EBITDA margins, and a solid GLP peptide pipeline.
Nvidia falls about 3% in after-hours and perpetual futures trade
Nvidia's shares saw a decline in after-hours trading following an announcement regarding CEO Jensen Huang. The company indicated that it is investigating potential foreign intelligence efforts aimed at Huang. Perpetual futures on the Hyperliquid exchange and shares trading on the Blue Ocean system reflected this drop in value. The share price fell approximately 3.4% compared to Friday's Nasdaq closing price.
Tech firms claw back some losses after midterms rout, eyes on Nvidia
Tech firms rose Monday to claw back some of last week's painful losses fuelled by AI regulation worries, though traders were keeping a wary eye on a probe into Nvidia boss Jensen Huang amid claims of an affair with a Chinese spy. The executive, Alice Huang -- also known as Huang Le, and no relation to 63-year-old Taiwanese-born Jensen -- developed a close relationship with the Nvidia boss, the Times said.
Oil falls on open as Trump says fresh Iran attacks 'unlikely'
Oil prices fell at the start of the week as uncertainties regarding military actions persist. US President Donald Trump suggested that further attacks on Iran are unlikely while diplomatic talks are ongoing. The tensions surround recent incidents affecting shipping in the Strait of Hormuz, a critical oil passage. Brent crude oil prices declined by 64 cents, while West Texas Intermediate prices also saw a reduction.
Oil falls on open as Trump says fresh Iran attacks 'unlikely'
Oil prices fell at Monday's open after US President Donald Trump said he was highly unlikely to order fresh attacks on Iran as long as talks to end the conflict progress, even as both countries reported that shipping had been hit in or near the Strait of
US employers add 165,000 jobs in October, but worrying joblessness trends remain: Here's what the latest numbers mean for you
US employers added 165,000 jobs in October, resulting in a decrease in the unemployment rate to 4.1 percent. Average hourly earnings saw a year-over-year increase of 3.1 percent, although it remains below the inflation rate. The US Federal Reserve might be considering a potential interest rate hike after the robust jobs report, which could be announced next month.
India targets 300 million tonnes of steel production by 2030, 500 million tonnes by 2047: G Kishan Reddy
India's Union Minister G Kishan Reddy announced plans to boost steel production significantly by 2047. The goal is to reach 300 million tonnes by 2030 and 500 million tonnes by 2047. Steel is essential for construction, linking to the aspirations of people for housing. The government also aims to increase iron ore production and improve raw material availability for the steel industry.
Drought threatens India's 20% ethanol blending target as food takes priority
India faces a significant challenge in its ethanol production due to the lowest monsoon rainfall experienced in over a decade. This situation has prompted New Delhi to prioritize food security over its ethanol blending targets. Estimates suggest that the ethanol blending ratio may decrease this supply year from 20% to around 15%. Producers are being squeezed by increased corn prices and reduced purchasing prices for ethanol.
India aiming to achieve Rs 3 lakh crore defence production, Rs 50K crore defence exports by 2029: Rajnath Singh
India aims to build a self-reliant defence ecosystem to meet national security challenges effectively. Defence Minister Rajnath Singh highlighted budget increases and production goals during a recent meeting. The focus includes modernizing military capabilities and enhancing personnel preparedness for contemporary warfare. Strategic autonomy, technological advancements, and operational readiness are crucial for India's military future. The objective is a military that can handle various security challenges through continuous modernization efforts.
Load More
