GOODS
West Bengal class 9 student gets Rs 2.30 crore BMW from father after scoring good marks in half-yearly exams
A 15-year-old Class 9 student from West Bengal has reportedly received a BMW M4 Competition worth around Rs 2.30 crore from his father as a reward for performing well in his half-yearly examinations.
Good at studies, Anirudh Ravichander was 'IIT material' and prepared for it. Why did he change his career path suddenly
Anirudh Ravichander gained fame as a music composer with his viral song Why This Kolaveri Di. He transitioned from a potential IIT student to pursuing a music career during his college years. Anirudh's remarkable talent led him to compose for several blockbuster films beyond the Tamil industry. He is set to marry Kavya Maran in Greece and has a grand reception planned in Chennai.
China's trade surplus surpasses USD 1 trillion for 2nd straight year, as exports surge 35 per cent
China's trade surplus has surpassed USD 1 trillion for the second consecutive year as exports continue to rise significantly. Imports increased sharply in October, contributing to a narrowing of the monthly surplus. The trade situation presents challenges as domestic demand remains sluggish while foreign competition intensifies. Trade discussions are anticipated between the leaders of the US and China amid ongoing global trade tensions.
Ode to a compassionate algorithm: Philanthropists are backing AI for public good
From Flipkart’s Binny Bansal to Chrys Capital’s Ashish Dhawan and Karishma Sanghvi of Sun Pharma, a growing number of entrepreneurs are writing cheques for AI that can diagnose diseases, empower teachers, modernise courts and strengthen public services, betting that the technology can create social returns as significant as commercial ones.
Pawan Kalyan, Anna Lezhneva announce separation after 13 years of marriage, say 'We remain good friends and devoted parents'
Pawan Kalyan and Anna Lezhneva have publicly shared their decision to separate after 13 years together. The couple underlined their dedication to prioritising their children's well-being amidst this life change, asking for privacy as they move forward.
Grey zone in Indian payment laws: Crypto goes shopping in rupee using QR-linked loophole
Unified payments interface is now being used for buying cryptocurrencies through applications like goat.cash. Consumers can conveniently convert their cryptocurrencies, such as USD Coins, to pay vendors for goods. This involves scanning QR codes and entering necessary details, which facilitates quick transactions. Intermediaries help complete the process by converting USDC to rupees for vendors. Additionally, stable coins often trade at a premium within the Indian market.
DPIIT seeks Fillip for local mfg of 100 goods in budget
DPIIT has examined 500 heavily imported products to identify opportunities for boosting domestic manufacturing. The department plans to share its findings with the finance ministry for the FY28 budget recommendations. Commerce Minister Piyush Goyal met with Skoda Auto Volkswagen to promote electric vehicle manufacturing and increase localization. High import dependence is classified based on the percentage of domestic demand met by imports.
China extends suspension of 24% tariffs on US goods by two months, retains 10% duty
China announced its decision to prolong the suspension of the extra 24% tariffs on US goods by two more months, keeping the 10% duty on American imports in place. This extension comes in light of a prior agreement made between the leaders of both nations, effective from November 10, 2025. The recent announcement signifies ongoing trade discussions and the complexities involved in US-China economic ties.
Consumer goods cos turn to cost cutting amid higher input prices to protect demand, revive volume growth
The cost-cutting comes amid an elevated input-price outlook flagged by several companies during recent earnings calls, due to high raw material prices, supply disruptions and freight charges. They are cutting trade investments as well as rationalising vendor networks to negotiate better rates through higher volumes.
Samvat 2083 begins: Will the good times roll for Indian businesses?
Samvat 2083 begins with Indian businesses entering the new year on a note of cautious optimism. Strong GST collections, festive demand and the RBI’s upgraded FY27 growth forecast point to economic resilience. But weak hiring, easing manufacturing momentum, food inflation and crude oil risks cloud the outlook.
Mumbai woman earns Rs 9.6 lakh by sleeping for 60 days; How Jiniya Chatterjee won a sleep internship
Jiniya Chatterjee, hailing from Mumbai, clinched a remarkable Rs 9.6 lakh prize in the fifth Sleep Internship hosted by Wakefit. With a staggering 2 lakh contenders vying for the title, only 10 participants made it to the finale. They meticulously logged their sleep patterns and tackled innovative weekly tasks. Final challenges included reimagining bedroom layouts and auctioning key sleep products, reinforcing the significance of restful sleep for overall well-being.
Bad AI cholesterol vs good AI cholesterol
The Magnificent 7 of Big Tech has recently experienced a staggering drop, losing over $1 trillion in collective market value. This decline is fueled by apprehensions regarding spending on artificial intelligence and rampant inflation. As challenges loom for AI investments—particularly in legal and borrowing contexts—investors must now navigate a landscape where distinguishing between thriving and failing AI projects is crucial.
Let there be light, not fright or blight
As Diwali approaches, the environment often suffers as celebrations become synonymous with excessive noise and pollution. This article advocates for a transformation of traditions, urging a focus on illuminating homes with lights and joy rather than disturbing sounds. By promoting a quieter celebration, we can ensure everyone, including children and those with health issues, can partake in the festive cheer while preserving the festival's essence.
Good sleep may help counter effects of diabetes, heart disease on brain: Study
A groundbreaking study from Karolinska Institutet in Sweden reveals that quality sleep significantly boosts cognitive function in individuals suffering from cardiometabolic disorders. Analyzing data from over 400,000 participants, including nearly 35,000 brain MRI scans, the research underscores the connection between better sleep and increased brain matter volume, particularly in those with type 2 diabetes, heart disease, or stroke, suggesting that prioritizing sleep could enhance brain health significantly.
Diwali 2026: Want to attract good luck and positivity? 5 tips to prepare your home before the festival of lights begins
Diwali 2026 will be celebrated on November 8, and households are preparing their homes for the festival of lights. According to traditional Vastu beliefs, simple practices such as cleaning cluttered spaces, decorating the main entrance with rangoli and flowers, lighting diyas in auspicious directions and bringing home plants such as Tulsi and money plant are associated with attracting prosperity and positive energy.
RBI eases forex rules for services exports and imports
The changes form part of the Foreign Exchange Management (Export and Import of Goods and Services) which came into effect from October 1, 2026. Under the amended regulations, a resident individual exporting services will be deemed to have submitted the Export Declaration Form, or EDF, once the individual provides the authorised dealer bank with the information required to credit the payment to the exporter's account. No transaction-value threshold has been prescribed for resident individuals.
Marico profit jumps 31%, flags rising input costs amid West Asia woes
Marico has reported a 13% increase in consolidated revenue, driven by strong volume growth in India and international markets. The company highlighted challenges from rising input costs due to geopolitical tensions and adverse weather circumstances. Managing director Saugata Gupta expressed awareness of potential inflation effects, especially in rural areas. Marico aims for mid-20% EBITDA growth by FY27 and expects annual revenue to exceed ₹15,000 crore.
Budget 2027: Customs duty relief on 118 goods under review
The Indian government is currently reviewing customs duty concessions applicable to 118 products set to expire. This review involves input from respective line ministries and industry stakeholders regarding these exemptions. Goods under review include materials for power projects and certain medical devices. A focus is on correcting the inverted duty structure to support local manufacturing initiatives. The outcomes of this review will influence the upcoming budget for 2027-28.
Cabinet approves Khelo India Sports Goods Manufacturing Scheme with outlay of over Rs 1800 crore
The Khelo India Sports Goods Manufacturing Scheme has been approved by the Union Cabinet to develop the sports goods industry. The initiative includes creating dedicated Sports Goods Manufacturing Zones to enhance production capabilities. Significant financial support is allocated to encourage innovation and research in sports equipment manufacturing. The scheme aims to generate new employment opportunities and reduce import dependency in this sector.
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