BLACK MARKET
Nvidia CEO Jensen Huang affair: Who is Alice Huang aka Huang Le? Television reporter turned Megaspeed executive is linked to Jensen Huang, Chinese spying
Nvidia CEO Jensen Huang affair news has evoked sharp reactions from the artificial intelligence or AI chip maker who has launched a probe. Jensen Huang is married.
Wigmakers have bad hair days as Tirumala tresses get dyed
At Tirumala temple in Andhra Pradesh, the collection of natural black hair has significantly decreased in recent years. This decline is attributed to younger women increasingly coloring their hair instead of donating it. Despite the drop, the overall volume of hair donations remains substantial from temple visitors.
D-Street just 5% away from highs with a 10% bounce from lows
The rupee has shown a significant recovery, closing at 93.90 this week, its best level since April. Recent drops in oil prices have alleviated inflation concerns and supported the local currency. Simultaneously, foreign portfolio investors have made substantial net purchases in Indian equities, contributing to market stability. Indian equity indices have also rallied over 10% from recent lows, showing strong earnings.
Wall Street grapples with $5.7 trillion rout as AI bets unwind
Wall Street is undergoing notable shifts as worries about the AI investment frenzy and political developments arise. This sharp sell-off brings forth doubts about the viability of AI infrastructure investments, scrutinizing valuations and corporate expenditures. The Democratic majority in Congress poses regulatory challenges, amplifying economic tensions. Investors are leaning towards more conservative sectors, yearning for assurance that AI investments will deliver anticipated results amidst these turbulent times.
D Street lights up, ends Diwali week with a firecracker of a Friday
Indian stocks witnessed impressive growth, with the Sensex and Nifty surging over 2%, defying declines in Asian markets. This robust rally is fueled by strong corporate earnings coupled with declining crude oil prices, boosting investor morale significantly. Over the recent weeks, foreign portfolio investors have surpassed net purchases of $4 billion, enhancing the positive outlook.
Equinix seeking land for India data centres: CEO
The world’s largest data centre operator by footprint, valued at nearly $100 billion, has invested $365 million in India and sees significant opportunities in AI inference, the process of using trained models to generate responses and run business applications. Such workloads require proximity to enterprise data, users and networks.
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Bitcoin price prediction: BTC USD could crash to $68,000 before recovery - here's what analysts expect
Bitcoin price prediction: BTC USD is struggling to recover after briefly falling below $75,000, with analysts warning that another decline could come before a sustained rebound. While some see potential downside towards $73,400, a more bearish forecast points to $68,000. Spot Bitcoin ETF outflows have added to market pressure.
Centre allows five southern states to impose stock limits on rice, paddy; tightens vigil on holdings
Five southern states can impose stock limits on rice and paddy until January 31, 2027, to control prices. Traders and retailers must now disclose their rice and paddy stocks weekly on the Food Stock Portal. The government has allocated extra quantities of Bharat Rice to NAFED, NCCF, and Kendriya Bhandar for better availability. The rice sale target under the Open Market Sale Scheme is now doubled for 2026-27.
Indian rupee strengthens past 94/$ as oil slides, foreign inflows return
The Indian rupee strengthened past 94 per dollar after regaining appeal among emerging-market currencies recently. Significant foreign inflows into Indian equities and a sharp fall in oil prices are key factors. Analysts suggest India's equity markets may attract global investments as concerns about AI infrastructure spending grow. The Reserve Bank of India announced measures to support the rupee against maintaining fluctuations.
IPO-bound BRND.ME’s Villain enters new category to tap a multi-billion fragrance market
BRND.ME is diversifying its Villain fragrance brand into the unisex market. The release of two new Eau de Parfums, named Muse and V-Code, marks a significant milestone in meeting the preferences of the younger Gen Z audience that favors inclusive scents. Supported by strong distribution and a powerful online presence, this expansion signifies BRND.ME's ambitious plans for an IPO and further global reach.
Horoscope Today, November 6, 2026: Dhanteras Brings Career Ambitions for Libra, Financial Reviews for Scorpio and Important Connections for Sagittarius
Libra should prioritize strategic planning behind the scenes, steering clear of broadcasting their intentions and managing unforeseen costs carefully. Scorpio is advised to leverage teamwork, potentially reaping financial rewards from earlier investments, thus fostering stability. Sagittarius ought to direct their energy towards career advancement while avoiding volatile financial ventures, making sure to maintain personal connections.
Mr. President, I want you to hear from Florida that we are still red: State’s 1st Black Governor Byron Donalds after winning
Byron Donalds has made history by becoming the first Black Republican Governor in US history. He won the election against Democrat David Jolly with a narrow margin of 50.1% of the votes. Donalds, who previously served in the US House of Representatives, will take office on January 5, 2027. He has expressed gratitude towards President Donald Trump for his support during the campaign.
Smallcap SIP returns turn negative over 3 years despite high valuations. Should investors worry?
Smallcap SIP returns have slowed sharply, falling from nearly 40% in 2024 to mid-single digits in 2026 and approaching negative territory, according to a JioBlackRock Mutual Fund report. The decline comes despite elevated valuations and strong domestic investor positioning. The report highlights risks for investors entering at high market levels and underscores the need for caution when investing in smallcap funds.
AI shopping agents could threaten Amazon and Walmart's ad business
Retail powerhouses Walmart and Amazon are also the world's two largest retail media businesses, dominating the estimated $74.4 billion in US retail media spending with a combined 88% share of that market, according to projections from data firm Emarketer. But digital assistants could soon disrupt that business.
Scotch whisky in Delhi may get cheaper after Diwali as excise department begins price revision
Scotch whisky prices in Delhi could drop by around 7% due to changes in import duties. The new rates will likely affect popular brands like Johnnie Walker and Glenfiddich. Price revisions will be implemented initially in hotels, clubs, and restaurants, followed by retail outlets. Existing inventories must be cleared before new stocks can be sold under revised rates. The anticipated price changes are expected to occur before the wedding season.
Amul raises butter, ghee prices: Check new prices and reason
Amul has increased the prices of ghee and butter ahead of Diwali, with a 1-kg ghee carton becoming costlier by Rs 50 and a 500-gm butter pack by Rs 15. The revision comes amid higher demand for branded ghee and reported supply shortages, particularly of cow ghee, across several markets.
Bitcoin price today: BTC USD near $77,000 as US midterm elections 2026 put crypto bill at risk - here's what traders need to know
Bitcoin struggled near $77,000 on US midterm election day as ETF outflows and concerns over the Binance security breach weighed on sentiment. Investors are also watching the proposed CLARITY Act, with the election potentially influencing the future of crypto regulation in the US.
Harley-Davidson Sprint 440 unveiled at EICMA 2026, that looks like Royal Enfield 350: Check engine, features, specifications and colours
Harley-Davidson has unveiled the Sprint 440 at EICMA 2026, introducing a new entry-level motorcycle developed with Hero MotoCorp. The 440cc model produces 27 hp and 38 Nm of torque and features a TFT display, dual-channel ABS and a 671 mm seat height. Global market launches are scheduled to begin in 2027.
Adam Robinson, who was among 9 dead in Florida plane crash, was heading to Bahamas for his birthday celebration with his family before tragedy struck; all about the tech entrepreneur
A tragic plane crash in Florida claimed the lives of nine people, including entrepreneur Adam Robinson and his family, who were heading to the Bahamas for a birthday celebration. The Learjet 60 took off from Austin, Texas, before the mishap near Mar-a-Lago. While nearby residents were displaced, there was only one reported injury on the ground.
Karnataka MSP row: Factory owners, unions to meet as sugarcane farmers turn up heat
Karnataka's factory owners association and unions are set to meet regarding the Minimum Support Price increase. State Minister Satish Jarkiholi stated that discussions will occur under the Deputy Commissioner's leadership. Farmers have also raised demands for higher sugar prices amid ongoing protests in Mandya. The concerns involve sugarcane pricing disputes affecting both farmers and mills in Karnataka.
Learjet plane crash in Florida kills Adam Robinson, technology entrepreneur who created marketing platforms, wife Helen Sharp, children, old 'X' tweet goes viral
Adam Robinson's old post on 'X' has gone viral after he along with his family was killed Learjet plane crash in Florida.
FPI buying returns to Dalal Street as global investors rethink AI bets
Foreign portfolio investors have shifted from aggressive selling to net buying of Indian equities recently. They invested nearly $1.2 billion over the last ten trading sessions, particularly in large-cap stocks. This change in behavior may be attributed to concerns regarding the artificial intelligence trade influencing investor decisions. Globally, markets saw corrections, while Indian indices had a mixed performance in October.
When is Black Friday 2026? Early deals, key discounts, and shopper strategies revealed
Black Friday 2026 is expected to take place on November 27, following Thanksgiving. Many retailers are already offering early discounts on a wide range of products. Shoppers are encouraged to look for budgeted deals and specific products early. Significant discounts are available across electronics, fashion, and beauty categories. It's advisable to compare prices throughout the sales period to find the best possible deals.
EAM Jaishankar discusses Ukraine-Russia conflict solutions amid G20 summit
India has engaged in discussions with Russia, Europe, and Ukraine regarding the ongoing conflict and its impact. These talks focused on preventing attacks on civilian shipping and restoring grain exports affected by Black Sea disruptions. External Affairs Minister S. Jaishankar emphasised the complexity of discussions around ceasing attacks on energy installations. Various interpretations of what constitutes energy installations have complicated these discussions.
World Bank sees commodity prices surging 23% in 2026 on Middle East war
Commodity prices were projected to rise 23% in 2026 as the Middle East war disrupted energy supplies and shipping, while grain disruptions and safe haven demand pushed food and metals prices higher. The World Bank warned that further conflict escalation and a severe El Niño could intensify inflation and food security risks.
Weak returns at home fuel India's overseas retail investing boom
Indian retail investors are increasingly venturing into global markets, significantly boosting their overseas investments. In response, domestic asset managers are introducing new funds to meet the rising demand for international exposure. With the Reserve Bank of India's limits on overseas investments nearing their cap, many investors are exploring tax-friendly locations like GIFT City.
COTRAV BLACK enters India's luxury live-entertainment market
COTRAV BLACK will debut as an exclusive platform for high-profile live events in India. The first notable event is A.R. Rahman's concert scheduled for November 1, 2026. This initiative aims to address concerns of privacy and crowd management faced by elite attendees. COTRAV BLACK will provide personalized hospitality in a private setting. It seeks to become a sought-after privilege for India's influential professionals.
Weak domestic returns fuel India's overseas retail investing boom
Indian investors are turning to global funds as domestic market performance remains weak and opportunities abroad increase. A surge in overseas investments, particularly in AI-related assets, has been noted recently. Fund managers are launching various international funds to cater to this growing demand. Regulatory limits on overseas investments are in place, but tax-neutral hubs offer solutions.
Jio BlackRock International AMC (IFSC) launches JioBlackRock Advantage World Equity Fund (IFSC), its first GIFT City fund
JioBlackRock has launched the Advantage World Equity Fund through GIFT City, offering eligible Indian investors access to global developed-market equities. The feeder fund invests primarily in BlackRock’s actively managed strategy spanning the US, Europe and Japan.
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