EXECUTIVE ORDERS
Electronics Inc runs ops update to build AI infra
India’s electronics manufacturers are moving into AI data centre infrastructure, targeting optical transceivers, advanced packaging and specialised cooling systems. Dixon Technologies, Samsung, LG, Blue Star and PG Electroplast are exploring production opportunities as global demand rises. The shift could attract investment, improve margins and strengthen India’s position as an export hub.
Green hydrogen demand slump delays electrolyser projects to August 2027
Weak demand for green hydrogen is prompting nearly half-a-dozen companies to defer commissioning their electrolyser manufacturing facilities from December 2026 to August 2027, with MNRE allowing them to retain eligibility under the PLI scheme. The delay reflects slower-than-expected order flows, as green ammonia projects awarded under the government’s green hydrogen programme are yet to reach financial closure and place orders.
US Secy of State Rubio defends Hegseth amid impeachment bid, says "Pete executed a direct order" from President Trump
US Secretary of State Marco Rubio expressed support for Secretary of War Pete Hegseth during an impeachment effort. Rubio argued that Hegseth acted on President Donald Trump's direct orders regarding military operations. He emphasized the necessity of addressing threats posed by Iran, Yemen, and Venezuela. In a press briefing, Hegseth defended the legality of these military actions and criticized the impeachment as politically motivated.
Nvidia controversy stokes export scrutiny risks for South Korean chipmakers
Samsung Electronics and SK hynix could experience greater export compliance challenges due to Nvidia's scrutiny over AI chips. US authorities have not announced new regulations yet, but potential measures might emerge. Chief Executive Jensen Huang's personal matters have spurred investigations into Nvidia's business dealings. A closed-door inquiry is scheduled to review security frameworks and contacts with foreign entities.
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.
With Stephen Miller at the helm, Trump charts a course for conflict
Voters delivered a historic rebuke to Republicans in Tuesday's midterm election, but with Miller as White House chief of staff, the Trump administration is expected to continue its aggressive immigration crackdown, amplify cultural conflicts and give no ground to a Democratic-controlled Congress, say officials and experts who spoke to Reuters. They say wavering Republicans will face increased pressure to stay in line, while businesses may have a harder time making their case to the White House.
Muhurat trading 2026 today: Date, time, settlement rules, and other key things investors should know
Muhurat Trading time and settlement rules: Indian stock markets will hold a special Muhurat Trading session on November 8, from 2:20 pm to 3:30 pm, marking the beginning of Samvat 2083. The Diwali tradition symbolises prosperity, with special trading schedules across equity and commodity markets.
‘Criminal act’: Trump orders DOJ to probe Democrats over 'threats' against people
US President Donald Trump has accused Democrats of sending threatening letters amid their recent electoral success. He claimed these actions involve criminal behavior, though he did not provide evidence. Democratic leaders plan to increase oversight of the executive branch and conduct investigations once they assume control of Congress. Senator Elissa Slotkin suggested that potential Trump administration employees should consider the consequences of their involvement.
NSE overhauls closing price discovery, changes F&O expiry settlement rules from December 7
The NSE has announced changes to the Closing Auction Session (CAS) in the equity cash segment and trading rules in the equity derivatives segment, effective December 7, 2026. In two circulars issued on November 6.
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.
Gokaldas Exports Q2 profit surges 410% to Rs 41 crore on favourable base, revenue up 13%
Gokaldas Exports reported a 410% year-on-year rise in Q2 FY27 net profit to Rs 41 crore, supported by growth in India and Africa operations, improved product mix and productivity gains. The company also reduced its net debt.
Gokaldas Exports Q2 net profit jumps 410% to ₹41 crore
Gokaldas Exports reported a 13% year-on-year rise in Q2FY27 consolidated income to ₹1,135 crore, while net profit surged 410% to ₹41 crore. EBITDA grew 52% to ₹127 crore, with margins expanding 287 basis points to 11.2%, supported by a stronger product mix, productivity gains and better execution.
Cashfree opens checkout to AI agents, leaves final say with shoppers
Cashfree has introduced Checkout for Agents, allowing AI agents to assist with online payments. This feature utilises WebMCP technology to simplify the checkout process for AI shopping assistants. Customers still maintain control over final payment authorisation and sensitive information is protected. While AI agents currently represent less than 1% of checkout traffic, Cashfree aims to enhance their efficiency. The company limits agent access to sensitive payment steps to ensure security.
'Focused on his furniture?': Trump's first executive order after GOP's midterm election drubbing draws mockery from Democrats
President Trump has signed a proclamation to designate the Oval Office and Cabinet Room as national monuments. This designation aims to protect his redesigns and prevent future alterations by other presidents. Trump's action followed significant losses for the Republican Party in the midterm elections, where Democrats gained control of Congress. Critics have mocked Trump for prioritizing decor over political issues affecting his party.
‘Nobody can touch it’: Trump moves to protect revamped Oval Office from alterations by future presidents
Donald Trump has taken a significant step by signing an executive order to classify the Oval Office as a national monument. This strategic designation aims to safeguard the historic site from alterations, preserving its architectural integrity for future generations. Under the oversight of the National Park Service, the Oval Office and nearby rooms will enjoy enhanced protection, allowing future leaders to enact minor changes while maintaining their revered status.
Rajesh Power secures ₹1,629 crore order for Gujarat's power infrastructure modernisation
Rajesh Power announced that it secured a ₹1,629 crore order from Gujarat Vij Company Limited for its modernisation project. The project includes upgrading high and low tension electricity distribution networks into underground cable systems. Execution of this turnkey project must be completed within 24 months as stipulated in the contract. This contract expands the company's order book to ₹5,400 crore, marking a substantial increase.
End of reign of error? Expect Veto Corleone
Donald Trump finds himself navigating turbulent waters post-midterm elections, with his policies under intense scrutiny, particularly regarding inflation and tariffs. While his presidential veto carries weight, concerns rise over its practicality in effective governance. The looming two years threaten potential institutional sabotage, leaving the future of Trumpism hanging in a balance as it grapples with ongoing grievances and dwindling electoral support.
Delhi govt counsel gives consent to initiate criminal contempt proceedings against CJP leader Ratna Singh
Additional Standing Counsel Amol Sinha, in his opinion dated November 2, held that the specific imputations attributed to Singh prima facie struck at the independence and impartiality of the judicial process and disclosed sufficient grounds for invoking the criminal contempt jurisdiction of the Delhi High Court.
BHEL bags orders worth up to Rs 28,000 crore from Adani Power for four 1,600 MW projects
Bharat Heavy Electricals Limited has received orders from Adani Power Limited for four power projects. Each project has a capacity of 2x800 MW and is valued between Rs 5,000 crore to Rs 7,000 crore. The total contract value for all projects is estimated to be between Rs 20,000 crore and Rs 28,000 crore. The contracts involve the supply of equipment and services for the projects.
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