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China stocks edge lower, Hong Kong shares fall as global rate concerns weigh
Chinese mainland stocks edged lower while Hong Kong equities fell as investors assessed rising global bond yields, stronger US inflation and uncertainty in oil markets. Technology stocks showed resilience, with the ChiNext index gaining 1% and the CSI 5G Communications Index rising 3%.
Congress seeks Supreme Court-monitored probe into Ram temple donation theft case
The Congress has demanded a wider investigation into the alleged theft and misappropriation of donations at the Ram temple in Ayodhya, seeking Supreme Court supervision and public disclosure of all financial records. Citing alleged irregularities and complaints dating back to 2021, party leader Jairam Ramesh questioned the role of temple trust officials and argued that accountability should extend beyond the eight employees arrested in the case.
China, Hong Kong stocks rise as AI shares rally, oil prices slide
Chinese and Hong Kong stocks edged higher as a rally in global technology shares and falling oil prices lifted sentiment. AI-linked stocks led gains, while energy shares declined amid a broader regional market rebound.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%
The FPIs that were selling in the Indian market all these months mostly owned large-cap stocks. And as they sold them, it was that segment which bore the brunt of the selling. The same logic will operate in reverse as they start buying, focusing once again on the safer and more liquid large-cap stocks.
Karnataka clears Rs 6,826-crore industrial investment proposals, 131 outside Bengaluru
Karnataka's State Level Single Window Clearance Committee has approved multiple industrial projects worth Rs 6,825.93 crore. The majority of these projects will be set up outside Bengaluru, promoting regional growth. These projects are expected to generate around 18,600 jobs across various sectors, including IT and food processing. Notable investments include IT parks in Devanahalli and Doddanekundi, attracting significant capital.
Microsoft reports $36 billion quaterly profit, employees complain salary raises below 1%, describe workplace as 'joyless and demoralizing' after 60,000 people receive buyout offers
Microsoft reported a 32% jump in quarterly profit to $36.6 billion but its employees complain of salary increases below 1%, rising workloads and pressure to use AI tools. An open letter describes the workplace as “joyless and demoralizing” following voluntary buyout offers to around 60,000 employees across four countries.
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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.
From petrol pump attendant to Rs 6,70,00,00,000 investment scam: How Hyderabad's Nanavath Bhupal Naik, who also worked as mason, built massive empire by luring 7,400 investors
Nanavath Bhupal Naik, a former mason and petrol pump attendant, is accused of masterminding an alleged Rs 670-crore investment scam involving around 7,400 investors. The Cyberabad Economic Offences Wing is investigating two companies, Shares Bazaar Pvt Ltd and Kisaan Parivar Ltd, which allegedly promised monthly returns of 4% and tax-free annual returns of 24%.
Nvidia CEO Jensen Huang's secret affair: Why did US intelligence suspect Alice Huang of spying for China?
Alice Huang, a Chinese entrepreneur, is under scrutiny for alleged connections to the Ministry of State Security in China. US intelligence suspects she could have obtained confidential insights about Nvidia's CEO, Jensen Huang, raising questions about her impact on Nvidia's chip sales. As a precaution, Nvidia's board has begun evaluating its relationship with Huang and her enterprise amidst growing concerns over China's tech ambitions.
In Noel's crosshairs, Chandra and Mehli reconnect at Tata HQ
Tata Sons chairman N Chandrasekaran met Mehli Mistry at Bombay House last week in a move aimed at rebuilding trust after more than a year of strained relations. The two discussed issues that affected their equation following Mistry's removal from two key Tata trusts, a challenge that remains pending before the Maharashtra Charity Commissioner.
Numerology Prediction Today for November 8, 2026: A Day of Ambition, Reflection and New Opportunities
November 8, 2026, brings together the ambition of Number 8 and the cooperative nature of Number 2. The day highlights discipline, financial awareness, patience and teamwork. It is a good time to review money matters, focus on career goals and handle personal relationships with maturity. Avoid impatience, unrealistic expectations and unnecessary arguments. The influence of these numbers may differ for each Birth Number, shaping how you approach work, finances and relationships.
Environmental groups embrace AI, even as they warn of data center impacts
Environmental organisations are increasingly leveraging artificial intelligence to enhance conservation efforts and analyze ecological data. Many express concerns about the environmental impact caused by data centers that support AI technologies. The energy and water consumption of these centers is projected to double by 2030, raising emissions concerns.
Rahul Gandhi questions Centre over excess ethanol in E20 petrol, seeks action against oil companies
Rahul Gandhi has raised concerns regarding high ethanol levels in petrol sold in Karnataka. He claims that numerous petrol samples exceeded the prescribed limit of 20%. Oil marketing companies have disputed these allegations, asserting their fuel meets regulatory standards. Karnataka authorities are seeking accountability and transparency regarding fuel quality. An investigation into the matter has been called for to protect consumer interests.
CBI books Kishore Biyani and FRL in ₹904 crore SBI fraud case
The CBI has registered a case against Future Retail Ltd and its promoters. This is due to the alleged defrauding of State Bank of India amounting to ₹904.32 crore. The FIR was filed following a complaint from SBI on October 9, and a forensic audit was conducted. Multiple premises linked to the promoters were searched, leading to the seizure of documents.
US Treasury sanctions Canadian money services firms over Iran-related transactions
US Treasury imposed financial sanctions on eight Canadian money services firms involved with sanctioned Iranian entities. The sanctions block access to dollar-based financial systems and prohibit transactions with US persons. Secretary of the Treasury Scott Bessent stated that Canada cannot provide safe havens for illicit financial facilitators. Additionally, MEXC Global, a virtual currency exchanger, was cut off from the US financial system.
Nicki Minaj’s own lawyers want to quit her case, and a process server at her $10 million penthouse was told the couple tend not to answer their phones
Nicki Minaj is locked in a legal battle with 24/7 Productions over unpaid expenses. Her legal team, Kurzman Eisenberg Corbin & Lever, has sought to withdraw from representing her, citing serious communication hurdles and irreconcilable differences. Serving legal documents has proven difficult due to Minaj's limited responsiveness. A decision from the judge on the law firm’s withdrawal is still pending.
Govt working on telecom PLI with focus on higher local value addition
The Ministry of Communications is preparing to propose a second edition of the telecom production-linked incentive scheme. This new scheme will emphasize design-led higher value addition in the telecom sector. The first edition of the telecom PLI scheme attracted significant investments and involved approvals from numerous companies. Additionally, incentives under design-led manufacturing have been applied for by several firms. The proposal will undergo inter-ministerial consultation before seeking Union Cabinet approval.
FDA suspends 105 food business licences, Blinkit, Zepto among them; orders closure of 7 outlets
Maharashtra FDA has suspended the licences of 105 food outlets, including those linked to Blinkit and Zepto, and ordered seven establishments to shut following inspections ahead of Diwali. The two-day drive uncovered hygiene and food safety violations, leading to the seizure of 39,485 kg of food articles worth Rs 1.35 crore.
Gold gets its festive groove back in India as prices cool from record highs
India’s gold jewellery demand is picking up in the October-December quarter as lower prices and the wedding season draw buyers back to stores, with footfalls and purchase conversions improving, according to Crisil Ratings. However, consumers are favouring smaller purchases, including coins and bars.
Sebi revises currency derivatives limits for unhedged positions aligning with RBI norms
Sebi has revised limits for unhedged positions in currency derivatives for domestic clients and FPIs. The new combined notional value limit is set at $5 million at any time. FPIs must control their short positions in foreign currency-rupee pairs to the same $5 million limit. To exceed this threshold for long positions, FPIs need to show underlying exposure in Indian securities.
Welfare pay can't be voter ID-linked
Union panchayati raj minister Rajiv Ranjan Singh announced plans to replace Aadhaar with voter ID numbers for welfare programs. This change would shift the basis for beneficiary identification and payment processing. Critics argue that voter ID is not a universal form of identification and is tied to electoral registration. The proposed switch raises concerns about access for those not on electoral rolls.
Explainer: What do we know about the wave of bomb threats against flights in Europe?
Airlines in Europe have experienced a series of coordinated bomb threats this week, prompting security responses and flight diversions. Many threats were communicated via anonymous emails, but none have proved genuine so far. The risks associated with such threats can disrupt airline operations significantly and lead to financial costs. Aviation security officials emphasize the need to treat every threat seriously until proven otherwise.
How to link Aadhaar with Voter ID: Steps to apply online, through mobile app and check status. Is it mandatory?
Eligible voters can conveniently link their Aadhaar card to their Voter ID either online or via a mobile application. By filling out Form 6B, which includes essential information such as your Aadhaar and EPIC numbers, voters can then track their application status through the ECI portal. It's important to note that linking Aadhaar is voluntary; failure to do so will not affect one's voter registration status.
How to check if PAN is linked with Aadhaar? Step-by-step guide to check status online, link documents and know the consequences of not linking
Taxpayers in India must link their Permanent Account Number with Aadhaar to avoid penalties. Individuals can easily check their linking status online through the Income Tax Department's portal. If they need to link PAN with Aadhaar, they must follow specific steps laid out on the website. Those who miss the deadline face a fee of Rs 1,000 for the linking process.
Enforcement Directorate raids against IPS officer, others in APPC exam 'fraud' case
Enforcement Directorate officials conducted searches at the premises of IPS officer P Sitarama Anjaneyulu and others. This action is part of a money laundering investigation linked to APPSC examination irregularities. Allegations include the manual evaluation of answer scripts where Rs 1.14 crore was reportedly paid to a private company. The evaluations were contracted to Camsign Media, where the scripts were physically examined.
ETtech Explainer: Why SIM-binding is a concern for consumers and businesses
A new study raises alarms about the Department of Telecommunications' proposed SIM-binding requirement for messaging applications. The mandate could severely disrupt operations for consumers and businesses alike, especially impacting international travelers who depend on local SIMs or Wi-Fi. Businesses are bracing for heightened costs and difficulties tied to limited device accessibility.
Grok bot users hit limits faster as Elon Musk warns of ‘unsustainably high’ AI agent costs: What happens next?
Grok Bot usage limits: Elon Musk says the cost of running Grok Bot has become unsustainable relative to its revenue as users report hitting weekly usage limits faster. Despite 800,000 paid weekly users, questions remain about the service's costs, pricing and future limits.
Zee draws line between CBI probe against Subhash Chandra and its business
Zee Entertainment Enterprises has clarified that an Enforcement Case Information Report (ECIR) registered against founder Subhash Chandra in his personal capacity has no bearing on the company or its operations. The development follows an ongoing CBI investigation into an earlier FIR filed by LIC Housing Finance against the promoter entities.
5 stocks with consistent score improvement and upside potential of up to 34% in 1 year, according to analysts
The recent uptick in the indices should not fool you. The market’s troubles have not gone away. So, be cautious, but don’t treat the whole market as one block. Some parts are worse off, some are holding up better, and some are simply carrying on as before. A falling market tends to paint them all with the same brush.
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