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Is the stock market open on Veterans Day 2026? Are banks open today? What's closed on November 11? US stock market, NYSE and Nasdaq trading hours
Veterans Day 2026: Is the stock market open today? NYSE, Nasdaq, banks and bond market holiday schedule. The US stock market will remain open on Wednesday, November 11, even as banks, federal offices and the bond market observe Veterans Day. The NYSE and Nasdaq will follow their regular trading schedules.
NSE shares rise 2%, recover 20% from record low in less than a month. Why Motilal Oswal sees 19% upside
NSE shares hit a record high of Rs 1,965, recovering 20% from their recent low. Motilal Oswal initiated coverage with a Buy rating and a target price of Rs 2,300, citing structural growth opportunities, market leadership and improving earnings prospects.
Mother Dairy raises milk prices by Rs 2-4 per litre, effective Thursday
Mother Dairy has raised milk prices by Rs 2-4 per litre from November 12, citing higher procurement costs. The hike affects several milk variants in Delhi-NCR, with full cream milk now costing Rs 76 per litre and toned milk Rs 62. The company last increased prices in May 2026.
Nasdaq futures slip with Nvidia woes, Anthropic IPO in focus
Nvidia's CEO Jensen Huang is facing scrutiny, impacting investor sentiment in the tech sector. Anthropic is preparing for a huge initial public offering, potentially raising $64.4 billion. The market is anxious about upcoming inflation data that could influence stock performance. Cooling oil prices have provided some optimism among investors and pushed Dow futures higher. Concerns over the sustainability of the AI boom continue to linger in the background.
India signs Haj 2027 agreement with Saudi Arabia, secures quota of 1,75,025 pilgrims
India has secured a Haj quota of 1,75,025 pilgrims for 2027 after signing a bilateral agreement with Saudi Arabia in Jeddah on November 9. Union Minority Affairs Minister Kiren Rijiju signed the agreement following discussions with Saudi Arabia's Minister of Hajj and Umrah, Dr Tawfiq bin Fawzan Al-Rabiah. The two sides reviewed preparations for the next pilgrimage season and discussed logistical support, coordination and pilgrim welfare.
ETMarkets Management Talk | Northern Arc sees D2C lending contributing over 75% of its loan book in the next few years
In this edition of ETMarkets Management Talk, Ashish Mehrotra, Managing Director and CEO of Northern Arc Capital, discusses the company's next phase of growth, its plans to expand the D2C business, and how a higher share of direct lending could support margins and return ratios. He also explains Northern Arc's broader strategy of combining a growing balance-sheet-led lending business with a capital-light, fee-based Credit Solutions platform to drive sustainable long-term returns.
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India gets quota of 1.75 lakh pilgrims under Saudi Arabia's Haj 2027 agreement
India and Saudi Arabia signed the Haj agreement for 2027, permitting 1,75,025 Indian pilgrims to participate. Union Minority Affairs Minister Kiren Rijiju met with Saudi Minister Tawfiq bin Fawzan Al Rabiah to establish the agreement. Discussions also included enhancing cooperation for pilgrims' welfare and logistical support in the upcoming pilgrimage. The Haj quota for India has gradually increased, reflecting the growing number of pilgrims.

Jessie Bates put $150,000 into SpaceX before it went public; the stake could now be worth 10 times that, and he’s cashing out
Jessie Bates III invested $150,000 in SpaceX during its Series J funding round in 2022. The investment grew significantly after SpaceX's IPO, which valued the company at $1.77 trillion. Bates expressed that he wished he had invested more after witnessing the company's growth trajectory. His financial strategy includes various technological investments and aims for long-term wealth creation. Bates also promotes financial literacy and community support through his foundation and initiatives.

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.

Internship stipends rise at top B-schools as recruiters step up hiring
Recruiters are focusing on summer internships for hiring, offering higher stipends for the 2026-28 batch. Top business schools like IIM Calcutta and IIM Lucknow report increased median stipends and recruitment participation. IIM Kozhikode has noted an improvement in pre-placement offers and conversions from internships. New recruiters have joined the hiring process, diversifying opportunities for students.

Festive stocking drives 36% jump in TReDS volumes as small businesses seek working capital
The five platforms operating under the Trade Receivables Discounting System (TReDS) financed invoices worth Rs 75,788 crore in August and September, a 36% increase from Rs 55,549 crore in the same months last year, according to RBI data.

NPCI defends MDR charges in SC, says merchants can't pass on them to customers
The top court on September 28 had sought responses from the Centre and others, including the NPCI, on a petition challenging the decision to impose an MDR on specified UPI person-to-merchant transactions above Rs 2,000.

Bank of England hikes rates to 4%, first raise since 2023, says more may come amid high UK inflation
In a decisive move, the Bank of England has escalated interest rates to 4% amidst spiraling inflation, projected to hit 4.8% in Q2 next year. Governor Andrew Bailey cautioned that further hikes may be necessary, especially with ongoing global conflicts. Market reactions were notably favorable, with the British pound gaining strength against the US dollar. Enhancements in economic data have prompted economists to revise growth forecasts upwards.

Bank of England raises rates for first time since 2023, says more may come
British inflation is likely to reach around 5% in the middle of next year, the BoE said, more than double the central bank's target and a blow for new Prime Minister Andy Burnham who has sought to ease of cost of living pressures.

Rs 600 for 1,000 km journey: Nitin Gadkari proposes Rs 3 per unit for EV charging at night and Rs 5 during the day to boost EV adoption
Nitin Gadkari recommended varying electricity rates for electric vehicle charging to enhance usage in Maharashtra. He indicated that costs for traveling in electric vehicles are significantly lower than petrol or diesel cars. Gadkari mentioned the potential for solar power to support cheaper night-time electricity. He provided updates on alternative fuel technologies including electric and hydrogen-powered vehicles. Additionally, Gadkari discussed biofuels, biogas, and their role in environmental sustainability.

Bank of England set to raise interest rates for first time in three years as Iran war fuels inflation
The Bank of England is widely expected to raise interest rates for the first time in three years as the US-Iran conflict fuels energy prices and inflation. Policymakers remain divided over the need for further tightening and the risks to economic growth.

ET Prime Special Series: Multibagger or IBC - Part 83: Under this auto ancillary’s hood, sales and profits tell different stories
Some auto suppliers spend years trying to win a major customer. This business has been associated with one for four decades. That has helped build manufacturing scale, product capabilities, and a presence near auto plants. But it also creates an unusual equation for investors. Nearly 90% of the company's FY26 revenue is from sales to one related customer. Its portfolio spans parts that can survive the EV transition and others more closely tied to ICE vehicles. The story is about how durable customer access becomes durable returns.

Gold firms on softer oil prices, US midterm results awaited
Gold prices experienced a modest uptick in early Asian markets, spurred by a decline in oil prices that has helped ease inflationary concerns. This shift is shaping investor expectations around potential actions from the Federal Reserve. Attention is also focused on the US midterm election outcomes, which could influence market volatility, while India's gold demand faces a projected six-year low amidst high prices affecting sales.

Bata puts its best foot forward on profits as inventory shrinks, distribution expands
Bata India is banking on distribution expansion and tighter inventory management to drive growth, as adjusted profit before tax surged 31.4% year-on-year in Q2 FY27, outpacing revenue growth of 7.5%. The footwear maker has expanded its key retail outlet network 2.6 times and targets 5,000-plus outlets by Q3 FY27.

Wall Street's hidden bargains: 10 US largecap stocks trading at historic discount for investors
At least 10 US large-cap stocks trade at 47%-63% discounts to sector valuations, according to Vested Finance. Comcast leads the list, alongside AT&T, Fiserv and Bristol-Myers Squibb, amid market volatility and growing scrutiny of AI valuations.

US stock futures mixed as Apple falls on margin warning, midterm results awaited
U.S. stock index futures reflect a mixed response as crude oil prices trend upwards ahead of midterm election outcomes. Apple's shares took a hit following its announcement regarding rising costs and potential holiday-quarter margin impacts. Despite Palantir Technologies exceeding revenue estimates, its stock plummeted post-results. Analysts are warning of heightened market volatility depending on elections and government expenditure.

Bank of India revises FD interest rates: Launches 500-day fixed deposit offering 7.35% rate to senior citizens
Bank of India latest FD interest rates: Effective November 2, 2026, Bank of India has revised its fixed deposit interest rates across various terms. A new option, the 500-day BOI Akshay Deposit, has been introduced with attractive rates specifically for senior and super senior citizens. Regular depositors can enjoy a competitive interest rate of 6.85%. With a minimum investment amount set at Rs 10,000, this offers a great opportunity for secure savings.

Bank of Baroda shares jump 5% after Q2 net profit rises 36%. What Nomura and other brokerages saying?
Bank of Baroda reported a 36% year-on-year rise in Q2 FY27 net profit, aided by gains from the NSE stake sale. Brokerages maintained mixed ratings, with target prices ranging from Rs 260 to Rs 285 per share.

SGB premature exit date on November 2, 2026: Rs 1 lakh invested in this Sovereign Gold Bond grows to Rs 3 lakh in 5 years
The Reserve Bank of India has set the premature redemption price for Sovereign Gold Bonds. These bonds can be redeemed prematurely starting from November 2, 2026. The redemption price is calculated based on the average closing price of gold over the last three working days.

Gold bond turns Rs 1 lakh investment into Rs 3.76 lakh: Check SGB premature redemption date, price and other details
The Reserve Bank of India has announced that the SGB 2019-20 Series VI will be eligible for premature redemption on October 30, 2026. The redemption price is set at Rs 14,213 per unit, reflecting the average closing price of gold. Originally offered at Rs 3,785 per gram online, investors can expect a remarkable return of 275.51% on their investment, excluding interest.

DR rises by 3% to 63%: How will the hike impact pension, family pension and commuted pension? See calculations for basic pensions of Rs 10,000 to Rs 50,000
DR hike: On October 28, 2026, Union Minister Ashwini Vaishnaw heralded a notable 3% rise in dearness relief for pensioners, lifting the rate from 60% to 63%. This increase aims to provide substantial financial support to both regular and family pensioners. Those under the Old and Unified Pensioner Schemes will find their monthly pensions adjusted favorably, enhancing financial well-being for many retirees nationwide.

SBI credit card rule changes from December 1, 2026: 1% fee on high-value transportation and fuel transactions; what changes for you
From December 1, 2026, SBI Card users will incur extra charges on specific transportation and fuel transactions. This fee structure will impact regular SBI credit card users significantly.

209% return on SGB premature redemption: Gold bond turns Rs 1 lakh investment into Rs 3.09 lakh
The Reserve Bank of India has announced the premature redemption price for the Sovereign Gold Bond 2020-21 Series I, permitting investors to redeem on October 28, 2026. The chosen redemption price stands at Rs 14,159 per unit, showcasing a notable return on investment.

Rail passengers opting for 45-paise travel insurance at counters must pay digitally from Oct 27
Railway passengers will need to pay for optional travel insurance through digital means starting October 27. This change follows a Supreme Court order requiring digital transactions for insurance premiums. The 45-paise premium cannot be paid in cash due to certain coins no longer being legal tender. Passengers who cancel tickets will forfeit part of the insurance premium along with other fees.
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