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Gold edges up as softer crude tempers inflation concerns
Gold prices edged higher on Monday as softer oil prices eased inflation concerns, though gains were capped by expectations that the Federal Reserve will keep US interest rates higher
US Stock Market prediction: S&P 500, Nasdaq, Dow Jones look to start in positive, check factors that will drive Wall Street
US Stock market investors will keep close eyes on Dow Jones as S&P 500, Nasdaq must continue the momentum.
Failed UPSC dream to Rs 130 crore success: How Bengaluru man turned Rs 1 crore investment into a healthy food business
Sandeep Jangala's journey began with a dream of becoming an IAS officer, but the road to success was not without its obstacles after his UPSC attempt fell short. Undeterred, he pivoted to entrepreneurship, successfully launching a tech startup that caught the attention of investors. In 2022, he and his wife co-founded Yummy Bee, a company dedicated to providing children with healthy food choices.
Buying GTA 6 in a box? Rockstar says no disc inside, just a code for a 212 GB download
GTA 6: Rockstar Games is taking a different approach to GTA 6's physical release. Boxed copies will contain a download code instead of a disc, meaning buyers must install the game digitally. With up to 212GB of storage required, the disc-free release comes as Rockstar shares nearly 40 new screenshots ahead of launch.
Muhurat Trading 2026: Sensex falls 29 points, Nifty below 25,000 as market snaps 6-day explosive rally on Diwali. What lies ahead in Samvat 2083?
The Indian stock market experienced sharp gains during the Muhurat Trading session on Diwali. Sensex increased by 350 points, surpassing 81,380, indicating strong investor interest. Nifty 50 rose over 80 points, crossing 23,100 as well. Tata Steel, Sun Pharma, BEL, and HDFC Bank contributed to these gains, while some stocks faced losses. Overall, the market breadth remained positive, with more advances than declines.
NZ vs IND, 2nd ODI: Gurnoor Brar's four-wicket streak leads India to win by four runs
Team India achieved a narrow victory over New Zealand by just four runs in Wellington. India's bowlers dominated the New Zealand batting lineup, led by Gurnoor Brar's impressive four-wicket haul. Despite a rocky start in their chase, Shreyas Iyer and KL Rahul contributed significant runs to the team's score. Rain interrupted the match, and India was slightly ahead of the DLS target when play resumed.
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Success lesson from Jeff Bezos: He asked one question to himself before quitting daily job to build Amazon. What his 'regret minimisation framework' means?
Jeff Bezos used his 'regret minimisation framework' to decide whether to leave his secure Wall Street job and start Amazon. By imagining himself at 80, he realised he might regret never taking the risk more than failing at the business. Here's how one question shaped his biggest career decision and what aspiring entrepreneurs can learn from it.

Asia Rice: Vietnam, Thai rice prices hit near two-year highs as India slips
Vietnam and Thailand are experiencing a dramatic rise in rice export prices, reaching their highest levels in almost two years. This surge is predominantly fueled by supply uncertainties and increasing demand, notably from the Philippines.

Diwali 2026: Delhi Metro to commence services at 6 am on select routes; check new timings here
Delhi Metro has announced earlier train services on select lines for Diwali festivities. Trains on the Pink Line, Magenta Line, and Grey Line will begin operations at 6 am. Regular services will continue according to the Sunday timetable after the early start. Last trains from all terminal stations will depart at 10 pm on Sunday. This revised schedule aims to accommodate commuters during the festive occasion.

Meet Marcin Kleczynski, who was 14 when a computer virus led him to start a side hustle; how did he turn it into a multi-hundred-million-dollar company?
Marcin Kleczynski was not initially an experienced professional programmer. He taught himself coding using online communities and programming resources. He started developing malware-removal utilities to tackle infections that many antivirus products were missing. His early work included a tool that helped remove rogue security software. One of the people he connected with through an online security forum was Bruce Harrison, who later became his business partner.

India may lower shipbuilding subsidy localisation threshold to 20% to attract foreign investors
The government is considering lowering the minimum domestic-content threshold for shipbuilding incentives from 30% to 20%, with a full subsidy payout linked to 40% localisation. The proposed relaxation, conditional on firm investment milestones, could benefit South Korea's HD Hyundai, which plans a $4 billion greenfield shipyard in Tamil Nadu.

Canva layoffs 2026: CEO Melanie Perkins plans to give away 80% of her billion-dollar fortune as company announces 22% job reductions
Canva CEO: Canva CEO Melanie Perkins has drawn attention amid the company's decision to cut 1,271 jobs, affecting 22% of its workforce. Perkins has also pledged to donate more than 80% of her wealth to charity. The billionaire co-founder, who built Canva from a small start-up into a $42 billion company, signed The Giving Pledge with her husband Cliff Obrecht in 2021.

Ashwini Vaishnaw launches Semicon 2.0 portal, says 50% of units approved under ECMS are SMES, MSMEs
Union Electronics and Information Technology Minister Ashwini Vaishnaw has launched the Semicon 2.0 Web Application Portal. The initiative aims to strengthen India's semiconductor manufacturing ecosystem while enabling the acceptance of applications under specific pillars. Fifty percent of the approved units under the Electronics Components Manufacturing Scheme belong to SMEs or MSMEs. India is progressing from assembly to the manufacturing of critical electronic components and materials.

Diwali 2026: From selling Diwali lights in a Mumbai chawl to becoming a Dubai business tycoon. Danube's Anis Sajan once sold an Aquaguard to Sanjay Dutt
Diwali 2026: Anis Sajan's business journey began with a small Diwali lights stall below his Mumbai chawl home. He later sold electrical goods, worked as a water purifier salesman and even sold an Aquaguard to Sanjay Dutt. After moving to Dubai in 1992, he joined Danube Group, which has since grown into a multi-billion-dollar conglomerate employing 5,000 people.

Did Lamar Jackson play today for the Ravens against the Jaguars?
With Lamar Jackson and Tyler Huntley both on injured reserve and might stay there for the rest of the season, the Baltimore Ravens turned to UDFA Joe Fagnano to start against the Jacksonville Jaguars. However, the rookie performed poorly, which left fans wondering how the team would have fared tonight had they kept former Heisman runner-up Diego Pavia.

Rs 35 to Rs 111 crore: Udupi boy who washed utensils in Mumbai at 13, now owns 15 restaurants
From arriving in Mumbai with just Rs 35 at the age of 13 to building a restaurant business with Rs 111.45 crore in annual revenue, Narayan T Pujari's journey is remarkable. The Karnataka native once washed utensils and cleaned floors to survive. Today, his Shiv Sagar brand operates around 15 restaurants across India.

In a divided world, COP31 aims for agreement on electrification
COP31, kicking off November 9 in Antalya, Turkey, is all set to spotlight the global push for electrification. With a target to raise electricity's contribution to final energy demand to 35% by 2035, nations are keenly examining how electrification can effectively curb fossil fuel use.

TReDS sees a festive boost; Nykaa’s growth strategy
Happy Friday! Festive inventory demand has lifted invoice financing on TReDS platforms. This and more in today’s ETtech Morning Dispatch.

D-Street braces for gap-down opening on negative GIFT Nifty cues
On Thursday, the Nifty index exceeded 24,000 for the first time in nearly two months. This rise was supported by falling crude oil prices and substantial foreign institutional investments. Analysts expect Indian equities to maintain a positive trend as the festive season approaches. The rupee also appreciated slightly against the US dollar due to robust foreign fund inflows. Overall, the market outlook remains optimistic despite fluctuating conditions.

Oman tightens expat worker recruitment rules from January 2027; agencies must provide insurance, refunds
Effective January 1, 2027, Oman is set to enforce new, tougher rules for hiring expatriate workers, which will necessitate insurance coverage and adherence to recruitment timelines. Recruitment agencies will shoulder increased financial duties, including the possibility of refunds for employers.

AI will level the playing field for SMBs competing with larger businesses: Oracle NetSuite’s Amit Suxena
Suxena said that a massive technological revolution is underway and these are exciting times for new businesses, start-ups, and companies looking to expand.

Who is Marisela Nuno? California woman, 53, charged with wire fraud and money laundering in $18 million COVID relief case
In a startling development, Marisela Nuno of Los Angeles has been indicted for allegedly frauding federal programs out of $18 million. She purportedly submitted misleading information across various applications aimed at pandemic relief. Currently facing three wire fraud charges and one related to money laundering, Nuno risks a lengthy prison term if convicted. The investigation into her actions underscores the serious issue of pandemic relief fund exploitation.

Qualcomm's smartphone chip sales miss estimates, shares fall
Demand for lucrative high-bandwidth storage for AI servers has pushed up memory chip prices, raising the cost of consumer electronics and squeezing smartphone processor designers such as Qualcomm.

D-Street poised for a gap-up start as GIFT Nifty trades firmly higher
Indian equity benchmarks experienced gains as they extended their winning streak to five consecutive sessions. The Nifty 50 increased by 150 points while the BSE Sensex advanced by 383 points. Easing crude oil prices and optimism over US-Iran negotiations led to a broad-based buying in domestic equities. Additionally, foreign portfolio investors were net buyers, contributing to positive market sentiment.

Sebi sets up working group to review Innovators Growth Platform framework
SEBI has formed a working group to review Innovators Growth Platform regulations and improve capital access for startups. The panel will examine listing eligibility, fundraising, investor participation, disclosures and migration to mainboards while safeguarding investor interests.

Canva layoffs: Affected staffers to get 6 months’ pay, a MacBook, and $10,000 to start up
Canva has announced significant changes that will impact around 1,271 team members, driven by a downturn in revenue growth. To improve project management and empower decision-making, teams will be consolidated. From January, employees will need to work in the office two to three times a week. A support package will provide generous severance, healthcare benefits, and career assistance, alongside a grant program to help exiting employees pursue new career paths.

A month after RBI’s rate hike, banks start raising deposit rates as liquidity shrinks, Bank of India the latest to move
Domestic banks are beginning to increase their deposit rates due to shrinking liquidity conditions in the market. Bank of India recently announced a rate hike on deposits for various maturities, including a special 500-day option. This decision reflects the growing cost of deposits in the banking system as demand for credit rises. Banking system liquidity has significantly decreased from its peak in early September.

5 cups of coffee before 10 am, 8 cups daily: At 50, Nestlé CEO reveals his unusual coffee habit. ‘I just like the flavour’
Philipp Navratil, the CEO of Nestle, has an exceptional coffee ritual, enjoying 8 cups daily, favoring cold-brewed black coffee. His morning starts with hydration, drinking water before indulging in his first cup. His day winds down with a final espresso or decaf after dinner, yet he still achieves a full eight hours of rest. Rising at 6:30 am, he prioritises productivity during his morning routine until lunch.

UK new minimum wage 2027: What will the new rates be, how much more will workers earn, and when does the new minimum wage start?
UK minimum wage 2027: The UK minimum wage will rise by 3.9% in April 2027, taking the hourly rate to £13.21 for workers aged 21 and over and £11.27 for those aged 18 to 20. Here's what to know about the new minimum wage 2027, how much more workers will earn and when the new rates take effect.
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