ADDITIONAL
Wife’s LinkedIn profile no proof of financial independence: Bengaluru court clarifies maintenance rules
A recent court decision in Bengaluru showcases the complicated nature of financial independence in maintenance disputes. The ruling made it clear that the wife's educational and professional accomplishments do not automatically invalidate the need for maintenance.
Trump urges Senate leadership to "immediately" advance USD 350 billion defence funding bill
US President Donald Trump has urged Senate leadership to immediately advance a $350 billion defence funding bill, calling it essential to strengthening America's military capabilities. The push comes as Republicans seek to secure additional military spending through budget reconciliation before Democrats take control of Congress in January.
MSCI adds LIC, Coforge, Adani Green and Meesho to Emerging Markets Index
MSCI will include Life Insurance Corporation of India, Coforge, Adani Green Energy, and Meesho in its index. The changes will take effect on November 30, with passive inflows expected for these new additions. PI Industries will be excluded, leading to an estimate of outflows from this stock. Additionally, the overall number of constituents will increase to 168 in the index.
Delhivery eyes 20,000 intracity vehicles in five years
Delhivery plans to expand its intracity fleet to nearly 20,000 vehicles over the next four to five years, while making EVs the only option for new additions. The company plans to invest ₹80-100 crore in charging and parking infrastructure and fleet-partner support, as it seeks to lower fuel costs and offset rising labour and operating expenses.
HC rejects Razorpay executives' plea to quash SFIO complaint
The Karnataka High Court has dismissed a plea by Razorpay executives Harshil Mathur and Shashank Kumar seeking to quash an SFIO complaint in a case linked to an alleged Chinese-controlled digital lending network. The court said the allegations involving merchant onboarding, KYC verification, due diligence and transaction monitoring raise disputed questions of fact that must be examined during trial.
Canada to offer 200,000 additional permanent residence spaces in 2027 to workers and select applicants
Canada has outlined how it will allocate 200,000 additional permanent residence spaces in 2027 under its temporary resident-to-permanent resident transition measures. The spaces will be divided into two groups, with up to 100,000 reserved for workers eligible through provincial and territorial nominations and applicants awaiting decisions under selected immigration programmes.
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MSCI rejig: LIC, Meesho, Coforge set to gain from index inclusion. How much inflows could they attract?
MSCI’s November index rejig will add LIC, Coforge, Meesho and Adani Green to its Standard Index, while removing PI Industries. Nuvama estimates the changes could trigger around $2 billion in passive inflows into Indian equities. Several stocks will also see weight adjustments, while the Smallcap Index will witness fresh additions and exclusions, creating potential stock-specific inflows and outflows.
South Korea's Lee says Samsung chip packaging expansion to spur $30 billion additional investment
Lee made the comment during a groundbreaking ceremony for part of theinvestment plans that Samsung affiliates announced in July.
Amul hikes milk prices by Rs 2-4 per litre from November 12
Amul has declared an increase in milk prices by Rs 2-4 per litre effective from November 12. This revision represents a 4-5% hike across their fresh pouch milk range. The Gujarat Cooperative Milk Marketing Federation attributed this increase to rising input and processing costs. The cooperative emphasized that the additional revenue will benefit milk producers significantly. They assured that a substantial portion of the revenue will return to farmers.
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.
Cabinet extends Stand-Up India Scheme till 2031, approves Rs 4,111 crore corpus to support 2.5 lakh more entrepreneurs
The Union Cabinet has extended the Stand-Up India Scheme to support women and marginalized entrepreneurs. This extension will last for five years, ultimately reaching till March 31, 2031. The scheme aims to provide financial assistance to an additional 2.5 lakh entrepreneurs during this period. Eligible entrepreneurs can avail loans between Rs 10 lakh and Rs 1 crore with significant loan coverage.
India will need additional 25,000 EV fast chargers in next 3 years: Exicom CEO
India is projected to require an increased number of DC fast chargers to support electric vehicle sales growth. An estimate suggests that around 25,000 more chargers will be needed over the next three years. This requirement accounts for the expected growth in passenger vehicles, buses, and trucks. Exicom Tele-Systems has supplied a significant number of charging stations and aims for ongoing growth in this sector.
Qualcomm layoffs severance package: 3 months' salary, extra payout based on years of service & one more month's pay for signing exit papers within 3 days; what employees are being offered
Qualcomm has reportedly begun laying off employees in India as part of a global workforce restructuring exercise that could affect around 1,000 staff, or 5–6% of its workforce in the country. Reports suggest affected employees may be offered three months' salary as severance, with additional compensation based on tenure and an extra month's pay for those who sign exit documents within three days. Qualcomm has not publicly confirmed the reported severance package.
Goldman Sachs forecasts additional Fed rate hike in March after hotter US inflation data
Goldman Sachs expects the US Federal Reserve to deliver an additional 25-basis-point rate hike in March after October inflation data came in hotter than expected for the third consecutive month. The bank has also pushed back its forecast for the first rate cut to December 2027, signalling prolonged monetary tightening.
US extends 178 China tariff exclusions to January 9
The US has extended tariff exemptions on 178 categories of Chinese goods until January 9, 2027, giving businesses more time to import these products without additional duties. The move comes as Washington and Beijing continue trade negotiations, with both sides discussing commitments on agricultural exports, rare earths and critical minerals.
Google agrees to addition privacy protections in Spirit Airlines data sale
The agreement clears the way next week for approval of Google's $10 million deal to acquire Spirit data to train AI models. The union said it had won a more rigorous de-identification process than previously planned and added significant employee data will be excluded from the sale, including health and medical information.
Boeing layoffs: Which department will be affected and why will it cut 5% of its workforce? Here's what we know
Boeing will eliminate the posts through a mix of layoffs and attrition. The reason is because of a slower ramp-up to 'provide our factories and supply chain partners additional time to achieve stability,' said a message to employees from Stephanie Pope. The development comes just two weeks after Boeing said it was delaying plans to increase production of its 737 Max narrowbody jet into 2027.
Banks, schools, colleges and offices holiday tomorrow: What's open and what's closed on November 9, a day after Diwali; check latest announcements
November 9, 2026, will see different holiday arrangements across India following Diwali on Sunday. Gujarat and Tamil Nadu have announced additional holidays, while government offices in Mumbai, Pune and parts of Maharashtra will also remain closed. Banks will largely operate normally, subject to the RBI's city-wise holiday calendar.
Shrinking Season 4 OTT release update: When and where to watch Jason Segel, Harrison Ford's comedy series; new cast members revealed
Shrinking is set to return with its fourth season on Apple TV, bringing a fresh chapter in Jimmy and his friends' lives. The new episodes will pick up after a two-year time jump, with familiar characters and several new actors joining the ensemble. Production has been completed, but the streaming platform is yet to reveal the premiere date. Season 4 is expected to arrive in 2027.
1,000 extra trains between Delhi, Mumbai, Kolkata and Chennai to ease waiting lists, Railway ministry plans four parallel tracks on 7 major corridors
Railway Minister Ashwini Vaishnaw said Indian Railways plans to expand seven major corridors to four parallel tracks, enabling more than 1,000 additional regular trains after completion. The routes include connections between Delhi, Mumbai, Kolkata and Chennai. The Railways has also deployed 18,000 special trains and 700 AI cameras for the festive rush.
Govt working on telecom PLI with focus on higher local value addition
The Ministry of Communications is preparing to propose a second edition of the telecom production-linked incentive scheme. This new scheme will emphasize design-led higher value addition in the telecom sector. The first edition of the telecom PLI scheme attracted significant investments and involved approvals from numerous companies. Additionally, incentives under design-led manufacturing have been applied for by several firms. The proposal will undergo inter-ministerial consultation before seeking Union Cabinet approval.
Airtel's premiumisation push comes at a cost as net subscriber additions fall 78%
Bharti Airtel's net mobile subscriber additions plunged 78% sequentially to 7.2 lakh in the September quarter after it discontinued its Rs 299 prepaid smartphone plan, pushing churn higher. However, stronger ARPU growth to Rs 271 helped offset slower additions, supporting revenue and operating profit growth.
Angel One edges past Zerodha in NSE active investors, claims second spot; Groww leads
Angel One has overtaken Zerodha to become India's second-largest stockbroker by active NSE investors, adding 2.43 lakh investors in October. Groww retained the top position with 1.37 crore active investors. Angel One also reported its highest monthly client additions in nine months, alongside an improvement in trading activity and market share.
Demat account additions hit 9-month high in October as IPO boom draws investors
In October 2026, new demat account additions reached a nine-month high, driven by strong IPO activity. NSDL and CDSL reported adding nearly 3.36 million accounts during the month. The total number of demat accounts at the end of October was approximately 244 million. The increase in account openings was mainly influenced by the successful launch of several public issues.
'Surcharge an enhancement of rate of sales tax': SC upholds states' power to levy additional sales tax
The Supreme Court reaffirmed a 1974 ruling regarding states' power to levy additional sales tax. This ruling clarified that such levies are enhancements to existing sales tax rates. The court found that previous challenges did not hold merit due to changes in tax legislation. The Goods and Services Tax framework significantly altered the taxation system for states. Therefore, the legal question presented has been rendered academic by these developments.
SC upholds states’ power to levy additional sales tax, surcharge under pre-GST regime
The Supreme Court has upheld the validity of states imposing additional taxes, surcharges and cesses calculated as a percentage of sales or purchase tax under the pre-GST regime. A seven-judge Constitution Bench said the nearly 27-year-old reference had become academic after GST subsumed sales tax, while affirming that the 1974 S Kodar ruling remains good law.
Bangladesh deploys additional paramilitary forces as garment workers' protests continue
Protests by garment workers in Bangladesh have persisted for five days due to demands for higher wages. Authorities have deployed additional paramilitary forces to manage the ongoing unrest in various industrial areas. BNP activists are actively attempting to maintain order while claiming infiltrators from the disbanded Awami League are causing chaos. A special tribunal has established a Wage Board to address worker concerns regarding compensation.
SC says 1974 ruling on states' power to levy additional sales tax continues to hold
The Supreme Court held that a previous ruling from 1974 regarding additional sales tax remains applicable today. It determined that the legal question raised was now of no practical significance due to legislative changes. The Goods and Services Tax law implementation in 2017 contributed to this determination. The court ruled that state legislatures' ability to impose surcharges is governed by existing precedents.
NCRTC to run 20 additional Namo Bharat Trips from November 4 amid rising pollution
The additional services will run along the entire corridor between Sarai Kale Khan in Delhi and Modipuram in Meerut, the NCRTC said in a statement. The AQI in the national capital recorded in the 'very poor' category with a reading of 350 at 4pm, according to the CPCP Sameer App.
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