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India's innovation journey begins in classrooms: Narayana Murthy
Advocating for transformative educational reforms, NR Narayana Murthy suggested a nationwide program to prepare 500,000 teachers annually by engaging retired STEM professionals. He stressed that enhancing educational quality is vital for India's goal of a $5-trillion economy. With an estimated budget of $20 billion over 20 years, the initiative seeks to improve teacher welfare and develop critical thinking skills in the nation's classrooms.
KL Rahul invests in PlayBlue, joins as brand ambassador ahead of flagship store launch
KL Rahul will invest in PlayBlue, a multi-brand sports retail venture launching its flagship store on November 14. The flagship store in Bengaluru will feature over 75 brands, including apparel and sporting equipment. PlayBlue aims to create an integrated platform that offers expert guidance and experiential retail for consumers. It plans to expand its presence to more than 100 stores across India over the next five years.
Gold and silver ETFs fall up to 3% as firm dollar and Fed rate hike bets weigh. Should investors buy the dip?
Gold and silver ETFs declined as a stronger US dollar and rising expectations of a Federal Reserve rate hike weighed on precious metal prices. Financial experts advise investors to continue systematic investments in gold and silver in line with their long-term asset allocation.
Festive online sales hit Rs 1.4 lakh crore, up 17%, but miss forecasts
The season had been expected to hit a record Rs 1.50-1.55 lakh crore in GMV, up 25-29% from last year. GMV is total value of goods sold by marketplaces before discounts and returns. The festive sale period started on October 8 with the flagship events of Amazon and Flipkart followed by multiple micro-events until Diwali, which fell on November 8.
Little Caesars Veterans Day 2026: Here's how veterans can claim their free lunch combo at Little Caesars this Veterans Day
On Veterans Day, November 11, 2026, Little Caesars is honoring veterans and active military personnel by providing complimentary lunch combos. For a limited three-hour window, eligible customers can enjoy a HOT-N-READY lunch combo featuring pepperoni pizza along with a drink, available for in-store pickup only. Proof of military service is required, so it’s advisable to check with your local store for participation details.
Dhanteras gold rush stretches quick commerce delivery fleets, stores
Heavy demand across platforms such as Blinkit, Instamart, and Zepto also led to dark stores in multiple pincodes in Delhi, Mumbai, and Bengaluru temporarily pausing services on Friday due to a paucity of delivery executives.
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RBI issues new domestic money transfer guidelines, retains Rs 50,000 NEFT remittance limit
The Reserve Bank of India has issued new guidelines for domestic money transfers in India. It allows customers to remit up to Rs 50,000 through NEFT at bank branches. Meanwhile, cash pay-out services are capped at Rs 10,000 per transaction and Rs 25,000 monthly per beneficiary. Banks can facilitate transfers to recipients without bank accounts through business correspondents or ATMs.
Gold prices near Rs 1.45 lakh/10g, silver jumps Rs 2,900/kg on MCX despite rising Fed rate hike bets. Check rates in your city
Gold and silver recovered modestly after a sharp previous-session decline, but hotter US inflation data fuelled expectations of a December Fed rate hike. Investors also tracked international bullion prices, geopolitical developments and retail gold rates across major Indian cities.
Gold holds near one-week low as hot US inflation boosts Fed hike bets
Gold prices rose 0.2% to $4,039.07 per ounce in early Asian trade on Wednesday. This increase followed a nearly 3% decline in the previous session due to US inflation data. The data indicated stronger inflation, leading to heightened expectations of a Federal Reserve interest rate hike next month. Traders now believe there is a 100% chance of an interest rate increase in December.
Is Veterans Day a Federal Holiday? Are banks and post offices open? Here's what's open and closed on November 11
Veterans Day will be observed on November 11, 2026, impacting many services across the United States. Federal offices and banks are likely to be closed due to the holiday, which celebrates military veterans. However, private delivery companies and US stock markets will remain open during this day. Most retail stores and restaurants are expected to operate normally and may offer promotions.
When is Veterans Day 2026? Are post offices, USPS, UPS and FedEx open or closed? Is there mail delivery?
When is Veterans Day?: Veterans Day 2026 falls on Wednesday, November 11. USPS post offices will be closed and regular mail delivery will be suspended on Veterans Day, while UPS will operate normally and FedEx will follow a modified service schedule. Regular USPS services will resume on Thursday, November 12.
Cognizant commits over 25,000 professionals to Anthropic's Claude delivery
The group is focused on execution excellence, transformation and client success, with the scale to take AI from pilot to production across enterprises' core operations, the Nasdaq-listed IT company said.
mjunction facilitates sale of 3,200 tonnes of onions through NAFED, NCCF auctions
mjunction Services has facilitated the sale of more than 3,200 metric tonnes of onions through digital auctions for government agencies NAFED and NCCF, as the government releases buffer stocks to improve market supplies and contain price increases.
Delhi govt notifies new law, imposes Rs 250 daily fine on officials for service delays
The Delhi government has enacted the Delhi (Right of Citizens to Time-Bound and Easy Delivery of Services) Act, 2026. The Act aims to ensure government services are delivered within specified timeframes, holding officials accountable for delays. A designated officer will be responsible for each service, ensuring transparency and tracking. Appeals related to delays can escalate automatically to the Citizen Grievance Redressal Authority.
South Korea says Nvidia issues won't affect contracted GPU supplies
Vice Minister of Science and ICT Ryu Jemyung told a parliamentary budget committee that 10,000 GPUs funded under a 2025 supplementary budget had already arrived and were in use.
Gold, silver prices may sway with US-Iran tensions
As the US-Iran conflict and crude oil pricing remain in focus, bullion prices are set to encounter downward pressure. Key economic data releases from China, the US, Germany, Japan, and India will significantly impact inflation and interest rate expectations. Market watchers will be attentive to Federal Reserve remarks and US job market indicators for cues on trends.
No More Zeroes: Govt plans to extend ZED certification scheme to services sector MSMEs
In a significant move, the Indian government is widening its Zero Defect Zero Effect certification initiative to include service enterprises in the MSME sector. This strategy will target key industries like transport, hospitality, and healthcare with approximately 20 predefined quality metrics. Furthermore, specialized standards for MSME exporters will ensure they meet global quality benchmarks, ultimately empowering these businesses in the international marketplace.
Diwali rush lifts rapid delivery orders for last-minute shopping, gifting
Platforms such as Blinkit, Zepto, Instamart, Amazon Now and Flipkart Minutes revamped their apps for Diwali, introducing interactive interfaces, gamified rewards and other features to drive consumer engagement and orders.
Jubilant FoodWorks' delivery growth lifts Domino's India; Popeyes emerges as second growth engine
Jubilant FoodWorks experienced significant growth in its delivery business, led by a strong performance from Domino's Pizza. Revenue from Domino's increased by 9.2% year-on-year, driven by a rise in orders and delivery growth. Meanwhile, Popeyes reported a remarkable 122% year-on-year revenue increase and achieved consistent growth above 40%. The company demonstrated effective cost management strategies and enhanced its operational efficiency across its restaurant network.
Zomato increases delivery coverage up to 40 km under new ‘Limitless Delivery’ feature
Zomato has launched a new feature called 'Limitless Delivery' for its customers. This feature enables ordering food from restaurants up to 40 kilometres away, expanding delivery radius. The service aims to make more restaurants accessible to customers across various cities. Currently, Limitless Delivery is operational in seven major cities, including Bengaluru and Delhi NCR. This innovation offers convenience to users who wish to order from their favorite restaurants not nearby.
AI gains fail to cool rising staff costs at Indian IT services firms
Although artificial intelligence (AI) and automation are changing the traditional labour-intensive model of IT services, they have yet to bring down employee costs for the country’s top six IT services companies—Tata Consultancy Services (TCS), Infosys, HCLTech, Wipro, Tech Mahindra and LTM (formerly LTIMindtree).
Nykaa Q2 profit more than triples, operating revenue grows 28%
The platform’s gross merchandise value (GMV) grew 30% YoY to Rs 6,151 crore in the September quarter. The beauty and personal care business reported a 25% expansion to Rs 4,454 crore and the fashion segment recorded a 42% increase to Rs 1,674 crore.
Nykaa gives beauty a quick-commerce makeover, targets expansion to 25-plus cities by FY27-end
Nykaa is expanding its quick-commerce service, Nykaa Now, to more than 25 cities by FY27-end, from 15 in Q2FY27. The company is banking on a deeper beauty catalogue, higher average order values and greater purchase frequency to differentiate its offering, though it has not disclosed the service's standalone financial performance.
US Midterm Elections 2026: Are post offices open on Election Day? USPS services explained
In the United States, Election Day is celebrated on November 3, although it does not qualify as a federal holiday. While the majority of citizens will engage in voting, essential public services are expected to run as usual. Some states choose to classify this day as a state holiday, which may influence the availability of government offices and educational institutions.
US midterm elections 2026: Are banks open on Election Day? Is the US stock market open today? November 3 trading schedule for Dow Jones, S&P 500 and Nasdaq
Are banks and the stock market open on Election Day 2026? Check November 3 federal holiday status, NYSE and Nasdaq trading schedules, and how to confirm your local bank branch’s opening hours. Banks and financial markets are expected to follow their regular schedules on Election Day, November 3, 2026. The New York Stock Exchange and Nasdaq will remain open for usual trading hours. USPS, UPS, and FedEx are likely to maintain standard delivery operations on that day.
Singapore's Grab lifts 2026 forecasts on strong ride-hailing, delivery demand
Singapore's Grab lifted its annual forecasts on Tuesday, helped by steady growth in its ride-hailing unit, while demand for its delivery services benefited from promotional offers and expansion into categories beyond groceries.
Coders out, VCs in: Investors bet billions on AI-first services
The AI-native services firms’ promise of high margins and rapid growth with fewer people has attracted the interest of VC firms. If Distyl AI raised $175 million at a $1.8 billion valuation a year ago, Wonderful raised $550 million at a $5 billion valuation in September.
From bikes to billions: Rapido’s gross order value quadruples in two years to $4 billion
The Bengaluru-based company is averaging around 8.3 million orders a day across its services, making it one of India’s largest consumer internet platforms by transaction volumes. Ride-hailing continues to comprise more than 95% of the company’s daily average orders.
New-age logistics companies see rapid delivery as key revenue driver
Delhivery and Shadowfax, two of India’s largest third-party logistics companies, are expanding their same-day and next-day delivery services, betting that merchants will pay more for faster deliveries as competition for customers intensifies.
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