BASELINE
Delhi’s Diwali pollution started before the fireworks. What five years of action have achieved
Delhi’s air was already severely polluted before Diwali, with average PM2.5 levels in the week before the festival reaching 236 micrograms per cubic metre, nearly double the 2025 level, according to CSE. The findings suggest firecrackers and stubble burning worsen an existing crisis rather than create it, with vehicles, industry, construction, waste burning and pollution from neighbouring NCR districts keeping baseline pollution high.
ET Graphics: Why emergency traffic curbs in 2026 failed to clear Delhi's toxic winter air
A CSE analysis finds that Delhi's emergency traffic curbs failed to ease congestion or improve air quality in early winter 2026, while Diwali firecrackers triggered a sharp pollution spike. The report examines the contribution of transport, stubble burning and other sources, emerging pollution hotspots and the need for year-round emission control.
Is the AI wheel broken? Julius Baer flags 3 variables shaping AI investments ahead of Anthropic IPO
Anthropic’s proposed $1.4 trillion IPO valuation will put the economics of the AI industry under the spotlight. Julius Baer analysts identify three key variables investors should watch: demand growth, pricing power and computing costs. The listing could also establish a valuation benchmark for OpenAI’s expected 2027 IPO.
Trump's midterm poll setback won't derail India-US trade talks: Official
India and the US are continuing technical negotiations on the first tranche of their proposed bilateral trade agreement, with a US customs and trade facilitation team visiting New Delhi on November 2-3. Officials said the talks will continue despite the Republican Party losing its majorities in both chambers of Congress. India is seeking lower US tariffs than those faced by competitors such as Bangladesh, Vietnam and Cambodia.
A blue brake on Trump's red agenda: Tariffs, spending and debt face a 'Democratic' reckoning in the US
Democratic control of Congress from January 2027 could constrain President Donald Trump's legislative agenda, increase scrutiny of his tariff policies and complicate fiscal decisions, Fitch's BMI said. While Trump retains executive powers over trade and immigration, prolonged funding negotiations and a potential debt-limit confrontation could raise financial market volatility.
Fed’s Barkin urges rate policy caution, Goolsbee warns of inflation concerns as AI risks loom
Richmond Fed President Tom Barkin emphasized the need for caution in managing inflation and its policy risks. He mentioned that inflation continues to pose the biggest challenge for the Federal Reserve's objectives. Chicago Fed President Austan Goolsbee highlighted the rapid AI investments potentially overheating the economy and exacerbating inflation. Policymakers are considering rate increases at the upcoming December meeting to address these inflation concerns.
Festive shopping: Home, kitchen products drive 81% jump in D2C sales to Rs 1,328 crore
Home and kitchen product sales surged 81% year-on-year during the pre-Diwali shopping period in India. Gross merchandise value reached an estimated ₹1,328 crore from October 21 to November 5. Consumers showed increased spending on household appliances, water purifiers, and kitchenware, reflecting changing priorities. Traditional categories like fashion and gifting also experienced notable growth during this time. However, health and wellness product sales decreased as budgets shifted towards festive purchases.
World entering 'age of climate extremes': UN chief Guterres
The world is entering a new reality where climate extremes are the norm, the United Nations chief Antonio Guterres warned Monday, urging leaders at the COP31 climate conference in Turkey to "get serious". "We have entered a new age of climate extremes."
Explained: Why copper prices could fall further after four-month low amid US election outcome
Copper prices fell to a four-month low following the US midterm election outcome, which raised doubts over AI data centre demand and import tariffs. Despite a minor Monday bounce and tight supply constraints, analysts at TD Securities warn of potential further downside in the near term.
WATCH: Austin Reaves gets in Pistons fan's face during courtside confrontation amid explosive Lakers performance
Austin Reaves showcased his skills in a captivating performance, scoring 43 points for the Los Angeles Lakers against the Detroit Pistons. A memorable moment unfolded when he had an animated exchange with a courtside fan, which soon became a viral sensation online, igniting discussions among basketball fans. Maintaining his composure, Reaves significantly impacted the game, leading his team to their fifth straight victory with his exceptional scoring prowess.
PSBs, pharma and defence: HDFC Securities CEO names Samvat 2083’s dark horses
HDFC Securities MD and CEO Dhiraj Relli identifies public sector banks, pharmaceuticals and defence as potential outperformers in Samvat 2083. He favours largecaps for valuation comfort, highlights selective stock opportunities and urges investors to prioritise earnings visibility and disciplined asset allocation.
Tennis: World No. 1 and defending champion Elena Rybakina faces seven challengers at an intriguing WTA Finals
Of the eight women in California, Rybakina will be most eager to get her hands on the trophy. She beat Sabalenka in both the Australian Open and US Open finals, taking over as No. 1 after the New York triumph. The authority and poise in her play has delivered 54 wins in 68 matches this year, and four titles including two majors. At Indian Wells, Rybakina can become the first woman to retain the Finals title since Serena Williams won three in a row from 2012 to 2014.
Surge in air purifier sales in India as pollution levels rise during winter season 2023
Air purifier sales have increased substantially in India as pollution levels rise and winter approaches. Quick-commerce platforms are experiencing heightened demand, especially from Tier 2 cities. Sales of air purifiers on Amazon have reportedly doubled recently, indicating a surge in consumer interest. Additionally, the overall market for winter appliances is projected to grow significantly this season. Analysts expect online sales to climb further as consumers continue to make purchases.
Gold vs silver ETFs: Where should investors put their money this Dhanteras? Experts share their strategies
Gold vs silver ETFs: Dhanteras marks a crucial day in the Diwali festivities, traditionally inspiring purchases of gold and silver. Financial experts suggest a diverse approach, prioritizing gold while also incorporating silver ETFs into investment strategies. Notably, gold has shown stable returns since the last Dhanteras, making it an attractive option for new investors looking to build their portfolios gradually. Despite market ups and downs, the long-term potential for both metals is encouraging.
AI to reshape India's office space demand, workforce seen at 48 million by 2030: Report
AI is expected to change the nature of India's office space demand rather than reduce it, with the country's office-using workforce projected to grow from around 38 million in 2025 to 48 million by 2030, according to a study by Cushman & Wakefield.
Hillary Clinton hails Democrats' sweeping US midterm victories, says "post-Trump era begins now"
Reflecting on the decisive shift in power across Capitol Hill and state governors' mansions, Clinton said voters had delivered a clear message demanding accountability and relief from rising living costs.
Gold price correction to lift Dhanteras sentiment, but sales volumes likely to remain flat: Jewellers
The decline in gold prices is expected to boost demand this Dhanteras, All India Gem and Jewellery Domestic Council (GJC) Chairman Rajesh Rokde told.
Pakistan tests indigenous Fa'az air-to-air missile, says new weapon will boost air force capabilities
Fa'az is Pakistan's first locally developed air-to-air missile. It will improve the operational flexibility of its air force, the Pakistan Army said in a statement.
OPEC+ set to keep December oil output targets unchanged, focus shifts to 2027 quotas
OPEC+ oil-producing countries have agreed to keep December production targets unchanged in a recent meeting. This decision is intended to pause output adjustments until next year, while focusing on future production quotas. Gulf producers are increasing exports that were previously disrupted due to the Iran war. The group also continues to maintain production cuts of approximately 2 million barrels per day until 2026.
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