GOVERNMENT IMPACT
Maharashtra's plan to bring private universities under FRA sparks political debate
Maharashtra is proposing to bring self-financed universities under the Fee Regulatory Authority to regulate their fees. This has led to differing opinions among political leaders and ministers regarding its implications. While some support the regulation, others question the government's jurisdiction over certain institutions. Allegations of corruption and inflated fees have intensified scrutiny of the current fee regulation system. The government plans to present legislation in March to enforce these changes.
Microsoft says services fully restored after hourslong global outage
Microsoft has successfully restored functionality after a widespread outage that disrupted Microsoft 365 applications used globally. Key services like Outlook, Teams, and AI assistant Copilot were affected, impacting various sectors including finance, healthcare, and transportation across 70 countries. The company reassured users that the disruption stemmed from a network capacity upgrade rather than a cyber attack, and they expressed sincere apologies for any inconvenience caused during the incident.
Microsoft outage shows the risks of relying on a single technology provider for essential services
Microsoft 365 services, including Outlook, Teams and AI assistant Copilot, were interrupted. As the outage entered its second day Friday, Microsoft said it saw "encouraging recovery progress." But the company also warned that "intermittent access issues or delayed email delivery" may persist for some users.
Missed a job interview because Teams went down? You weren’t alone; here’s what to do after the Microsoft outage
A major outage at Microsoft recently halted access to vital services such as Outlook and Teams worldwide. This disruption led to significant setbacks in work, education, and government operations, with many users unable to attend scheduled meetings. While businesses struggled to maintain operations, schools resorted to using phone calls over emails. Microsoft acknowledged the issue and worked on recovery, although initial efforts did not yield the expected outcomes.
Microsoft reports progress in reviving email and other services during a global outage
The outage, which affected a wide range of Microsoft 365 services including Outlook, Teams and AI assistant Copilot, left people, institutions and businesses across the world without access to email and other platforms.
AWS CEO defends data centres amid growing opposition in the US: ‘There's a weird disconnect there’
Garman said AWS has committed to becoming water positive by 2030. This means the company aims to return more water to the communities where it operates than it consumes. He also claimed that even AWS's largest data centres use less water than 40 US households.
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Microsoft Outlook outage effects on businesses and public services around the world: What has got delayed and disrupted?
Microsoft Outlook outage has caused issues in companies, government departments, healthcare services and educational institutions across a number of countries. Richemont and Workhorse Group have both delayed their quarterly financial reports. Issues with communication systems have been reported by ambulance services, pharmacies, schools and police forces in the UK. Government agencies in Asia have also been impacted.
Microsoft stock price: Why is MSFT stock price down leading to Microsoft Corp only loser among Nvidia, Apple, Google-parent Alphabet, Amazon, Meta, Tesla
MSFT stock price today: Microsoft also announced a cash dividend of USD 0.98 per share with ex-dividend date of November 19, 2026.
Microsoft dethrones Jensen Huang's Nvidia, then faces 18-hour global outage entering second day: What went wrong?
Microsoft recently became the second-most valuable company globally, overtaking Nvidia amid market turmoil. Nvidia's value dropped significantly due to a negative outlook on AI and leadership scandals. Concurrently, Microsoft experienced a major global outage affecting services like Outlook and Teams for over 18 hours. This disruption impacted various government and airline services across multiple countries. While recovery is underway, some users may continue to experience intermittent issues.
Microsoft outage today: Is it fixed? Outlook, Teams disruptions enter second day as Detroit, Miami, Austin and Baltimore hit
Microsoft outage today: The global disruption affecting Outlook, Teams and other Microsoft services has entered its second day, leaving users, government agencies, schools and businesses struggling with email and communication problems. Detroit, Miami, Austin, Jacksonville and Baltimore are among the US cities reporting disruptions, while several police and sheriff's departments have also flagged communication issues.
Gmail to Proton Mail: 5 alternatives for users as Microsoft continues to battle Outlook and the Teams global outage
A major disruption hit Microsoft on November 12, 2026, causing a global outage that affected services like Outlook and Teams. This left countless users and organizations struggling to connect via email and participate in crucial Teams meetings. In the wake of the Microsoft outage, users can explore alternatives, including Gmail, Yahoo Mail, and Proton Mail, as the tech giant strives to restore normal service operations.
Microsoft struggles to restore services as outage hits companies and governments worldwide
Microsoft's services like Outlook and Teams faced a significant global outage, disrupting operations for numerous users and businesses. Companies from Japan to Australia reported various issues, with Microsoft working urgently to resolve them. Despite some initial restoration of services, problems persisted, affecting email functionalities and productivity. Many governments, including Japan and the Philippines, took steps to ensure communication remained operational amidst the outage.
The foreign student cash cow is running dry as US, UK & others tighten visa rules
As major study destinations tighten visa and migration rules, universities in the UK, Canada, Australia and parts of the US are facing pressure from weaker international enrolments and lower fee income, particularly in postgraduate programmes. The impact is uneven, but institutions heavily dependent on overseas students risk deficits, restructuring and cuts as visa restrictions expose how closely their finances have become tied to international tuition.
Microsoft global outage: Is a cyberattack behind major service disruption? Tech giant’s top executive clears the air as millions of users face trouble using Outlook, Teams
Microsoft encountered a notable service outage on November 12, 2026, disrupting critical platforms including Outlook and Teams as well as causing errors within the Microsoft 365 suite. The problems emerged post-midday Eastern time and carried on into the night. Charles Lamanna, a Microsoft executive, assured that cybersecurity breaches were not the cause. Around 130,000 users reported difficulties, hindering operations for various enterprises and government entities.
Wars, energy security reshape global climate debate at COP31
COP31’s Leaders’ Summit highlighted a shift in how climate action is being viewed, with governments increasingly linking it to economic and energy security amid geopolitical tensions, wars and rising energy costs. Leaders warned that weaker international cooperation and competing priorities around tariffs and security could undermine efforts to curb emissions, while UN officials stressed that climate action can help ease inflationary and fiscal pressures. With nearly 70 heads of state and government attending, the summit also underscored the growing importance of climate finance and international cooperation.
Page Industries discloses 'inadvertent' FEMA violation, shares tank
Page Industries said it inadvertently carried out retail trading of imported Jockey- and Speedo-branded products through ecommerce platforms without establishing physical retail stores, going against the rules that it identified last year.
AI can bring productivity gains with job risks; impact on India not yet clearly visible: Moody's
Artificial intelligence is expected to improve productivity in IT services and BPO sectors in emerging markets. Moody's predicts GDP growth for India will rise to 7% in 2027. The lack of digital infrastructure and skills could limit how emerging markets benefit from AI.
Japan bond yields decline as investors await 5-year debt auction
Japanese government bond yields declined across maturities on Thursday as investors awaited the five-year bond auction. Markets largely priced in further Bank of Japan rate hikes, potentially nearing their conclusion by June next year. Dovish policymaker Toichiro Asada cautioned against premature tightening, warning of risks to economic growth and inflation.
ET Interview: Andhra Pradesh plans rule to ringfence investments from political flux, says CM Naidu
Andhra Pradesh Chief Minister N Chandrababu Naidu said the state will introduce an Investment Protection Act to ensure that future governments cannot reverse incentives, land allotments, approvals or other commitments made to investors.
PM Modi says farmers remain top priority as Cabinet approves rabi fertiliser subsidy
Prime Minister Narendra Modi announced the approval of Nutrient-Based Subsidy rates for the upcoming rabi 2026-27 season. This decision aims to protect farmers from fluctuating international fertiliser prices, ensuring affordability. The budgetary requirement for this subsidy has increased significantly from the previous season. The government emphasizes that improving farmers' lives remains a top priority amidst global challenges. The total budget required is approximately Rs 62,370 crore for this season.
Meta, TikTok join Google to push back on Indonesia's planned AI copyright law revisions
If the bill is passed, Indonesia could become the first country in Southeast Asia to incorporate AI in its copyright law, as governments globally grapple with the impact of the technology on copyright rules, including the use of work created by humans to train AI models.
Is your HR strategy creating measurable impact? This could be the time to get it recognised
The Economic Times HR Excellence Awards 2027 shine a light on exemplary HR practices within various organizations, teams, and leaders. Encompassing 42 categories, the awards highlight significant accomplishments in realms like HR transformation, talent acquisition, employee experience, and workplace culture, showcasing how effective people strategies can directly enhance business performance.
India fallen way down list of nations deemed liberal democracies under Modi govt: Sonia
Sonia Gandhi, in her memoir, critiques the Modi government's impact on India's democratic institutions and social fabric. She highlights the growing wealth disparity and lack of transparency in governance under the current regime. Gandhi expresses concern over the media's loss of independence and the suppression of dissenting voices in society.
Don't let fare caps clip airlines' wings
Recently, airline price surges during festival seasons have raised concerns about imposing fare caps. While there is public demand for such measures, they may disrupt airlines' pricing flexibility. Regulations on airfares are more effective when they account for market demand and emergencies like natural disasters. Airlines might resort to add-on charges if their revenue is impacted by fare restrictions.
Norway reins in data centre industry amid AI boom
Norway produces more power than it consumes and is a net exporter, but recent projections show that demand from new data centres could lead to an energy deficit and rising electricity prices in the coming years.
Congress slams Modi govt for being in 'denial' on impact of air pollution on mortality
Congress general secretary Jairam Ramesh condemned the Modi government for denying air pollution's significant mortality impact. He referred to a FICCI-EY report indicating around 2 million death cases linked to pollution in 2023. The report urges reforms like tightening PM2.5 and ozone standards to WHO levels for better public health. Ramesh emphasized the need for revamping the National Clean Air Programme to address these alarming issues.
Bond yields muddy the books as banks prepare for new accounting rules
With a new accounting framework approaching in April 2027, Indian banks like Canara Bank and Central Bank of India are adjusting their transition costs and reassessing their portfolios. Recent fluctuations in government bond yields, driven by economic factors such as oil prices and currency volatility, have led banks to increase their expected credit loss provisions.
E20 debate widens: Karnataka to reveal probe findings on Monday; MoS Suresh Gopi backs OMCs
Karnataka authorities are set to reveal more information regarding the alleged excessive ethanol blending in petrol. Chief Minister DK Shivakumar stated that the government has received numerous complaints from motorists concerning vehicle performance issues. Inspection teams collected petrol samples from various retail fuel outlets and ethanol blending facilities across the state. Additionally, Kerala has ordered laboratory tests on petrol samples amid this controversy.
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