TOGETHER FUND
YouTuber JerryRigEverything couldn’t justify spending $20,000 on an off-road wheelchair, so he welded two e-bikes together to build one for his paralyzed girlfriend. Now, his company sells $999 wheelchair
Zack Nelson's journey from losing his job at a cell phone store to launching his YouTube channel, JerryRigEverything, has been inspiring. Motivated by his wife Cambry, he created NotaWheelchair, producing innovative off-road wheelchairs like The Rig and the Paradox Project, focusing on affordability. His mission is to revolutionize mobility solutions while achieving financial sustainability by late 2026, prioritizing the needs of individuals with disabilities over profits.
Equity MF inflows fall 14% MoM to Rs 32,993 crore in October; smallcap inflows slide 29%: AMFI
In October, equity mutual fund inflows fell by 14% month-on-month, reaching Rs 32,993 crore. Smallcap funds saw a notable decrease of 29%, while large and midcap funds experienced a substantial inflow. In contrast, debt funds received Rs 1.13 lakh crore after two months of outflows. Hybrid funds also turned positive, registering an inflow of Rs 3,514 crore. Open-ended mutual funds overall attracted Rs 1.73 lakh crore in the same month.
Bigger cheques, fewer winners in India’s AI boom
Indian AI startups raised $1.6 billion in funding during the first nine months of 2026. While AI infrastructure attracted significant investments, application startups faced declining funding and challenges in securing customers. Large transactions constituted most of the total funding, highlighting a disparity in investment distribution.
How Nvidia CEO Jensen Huang's extramarital affair could cause collateral damage in Washington
The affair between Nvidia CEO Jensen Huang and a Chinese businesswoman suspected of spying for Beijing has triggered investigations in the US, raising concerns over national security and the security of sensitive AI technology. The controversy has drawn scrutiny from Congress, the Justice Department and Nvidia's board, with President Donald Trump also weighing in.
Secure exclusive visibility for B2B launches, new fund offers and rebrands
An ET Roadblock gives one advertiser exclusive share of voice across The Economic Times on desktop, mobile web and the ET app. See how it works, what ET reports from past campaigns, who it suits and how to plan your own.
US judge says Trump's $10 billion BBC defamation case can proceed
Trump is suing Britain's publicly funded broadcaster for at least $10 billion over edited clips of a speech that made it appear he directed supporters to storm the US Capitol on January 6, 2021. The case is one of several Trump has privately filed against the news media as part of a wider pressure campaign against coverage he dislikes.
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Are the Magnificent Seven stocks still worth betting on? Apple, Nvidia, Tesla and 4 other giants control 33.7% of the S&P 500, but which ones are actually rewarding investors in 2026?
The Magnificent Seven have become so large that their performance can move the entire US stock market. Together, Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta and Tesla accounted for 33.7% of the S&P 500 in November 2026. Their combined market value was reported at $23.6 trillion. Some have delivered strong gains this year, while others have fallen behind the index.
When every bank has an app, what actually makes digital banking different?
With UPI resetting customer expectations, the real differentiator in digital banking is no longer having an app, but how seamlessly it brings payments, savings, investments and credit together in one place.
8 outlets across Hyderabad in 8 years after quitting her IBM job: Techie turns her love for desserts into a thriving business
Sahithya Raj quit her SAP BI consultant job at IBM in December 2017 to turn her love for baking into a business. Starting with brownies and cupcakes from her apartment kitchen, she gradually expanded production, secured Rs 1.3 crore in funding and built a boutique bakehouse brand with eight locations across Hyderabad. She was recognised at Times Power Women 2026.
ETMarkets Fund Guide | Managing over Rs 8,000 crore: How Bajaj AMC's Sorbh Gupta picks winners in the Flexi Cap universe
In this edition of ETMarkets Fund Guide, Sorbh Gupta, Head – Equity at Bajaj Asset Management, who manages over Rs 8,000 crore through the Bajaj Finserv Flexi Cap Fund, shares his approach to picking the right stocks across large, mid and small caps.
US lawmakers introduce bill to make Diwali a federal holiday, 19 representatives back proposal
US lawmakers have reintroduced the Diwali Day Act in the House of Representatives, seeking to designate the festival as a federal holiday. Spearheaded by Congresswoman Grace Meng, the bill has secured the backing of 19 lawmakers, including five Indian-origin representatives. Its passage would make Diwali the 12th federally recognised US holiday.
Your Social Security check faces a 22% cut risk: The funding shortfall that could cost retirees $2,700 a year
Social Security’s 2032 warning: Millions of retirees could receive smaller monthly checks if the retirement trust fund runs out of reserves. Payroll taxes would still finance payments, but cover only 78% of scheduled benefits, according to trustees. Congress could prevent the reduction through legislation. Until then, workers may need additional retirement savings through 401(k) plans and IRAs.
Shivakumar promises minority outreach meet, assures more support for Urdu Academy
Chief Minister DK Shivakumar has announced a meeting next week with representatives of various minority communities. This meeting aims to address their concerns and discuss enhanced financial support for the Karnataka Urdu Academy. The Chief Minister emphasized the government's commitment to safeguarding the rights of minorities and fulfilling election manifesto commitments. Furthermore, he noted the cultural significance of Urdu in connecting diverse communities.
A secret affair, whiskey dates and a China spy probe: Inside Nvidia chief Jensen Huang's association with Alice Huang
Nvidia CEO Jensen Huang is facing scrutiny over an alleged secret affair with Chinese businesswoman Alice Huang, whom US intelligence suspects of working for Beijing. Photographs of their meetings in Taipei have drawn attention to a classified US assessment, while her association with a Singapore-based AI computing firm adds a national security dimension.
ETMarkets Smart Talk| Higher yields offer opportunities, but investors need not rush into long-duration funds: Shriram Ramanathan
In this edition of ETMarkets Smart Talk, Shriram Ramanathan, CIO–Fixed Income at HSBC Mutual Fund, discusses the changing dynamics in India’s bond market, the outlook for interest rates and yields, and how investors should navigate the choice between debt mutual funds, fixed deposits and government securities. He also explains why liquidity and flexibility could matter more than rushing to lock into longer-duration bets in the current environment.
Social Security benefits at risk in 2032: Will 35 new Senators prevent a 22% cut?
Social Security benefit cuts 2032: Social Security faces a potential 22% benefit cut in 2032 as its retirement trust fund is projected to run out of reserves. Thirty-five newly elected senators will have to confront the funding challenge, with proposals ranging from raising payroll tax limits on high earners to changing how retirement funds are invested.
'The Little Rascals' star Bug Hall launches public fundraiser before sixth child's birth, reveals unpaid bills and unfinished Arkansas home
Former child star Brandon Bug Hall, recognized from The Little Rascals, has turned to GoFundMe for help with his financial struggles. As he and his wife prepare to welcome their sixth child and complete renovations on their Arkansas home, Hall's campaign has garnered significant support, raising upwards of $19,000 from close to 300 contributors as of November 8.
ED probes $1.5 million foreign funding trail across six countries over alleged meddling in India's domestic affairs
In a significant investigation, the Enforcement Directorate is examining the financial transactions of foreign companies that are tied to India's domestic issues. Investigators have followed $1 million in payments through various jurisdictions before pinpointing a firm in the UK. Of particular interest is the $500,000 that originated from a Canadian source.
Social Security payroll tax cap rises to $192,300 in 2027: How much more will high earners pay from their paychecks, who will be affected, and what does it mean for your take-home pay?
Social Security taxes will take a bigger bite out of some high earners' paychecks in 2027. The taxable income limit is rising to $192,300 from $184,500, meaning another $7,800 of wages will be taxed. Workers earning above the new limit could pay up to $483.60 more next year. The increase comes as retirees are set to receive a 3.6% benefit boost.
DLF to invest Rs 3,750 crore for majority stake in JV with Everstone for IREO assets
DLF plans to invest Rs 3,750 crore to obtain a majority stake in a partnership with EverstoneGroup. The joint venture will focus on IREO Private Limited and other entities within the IREO group in India. It aims to acquire at least a 20% stake in the IREO India companies to secure governance rights. This transaction remains subject to regulatory approvals and is expected to conclude by 2027.
Neo Group announces launch of Neo Mutual Fund; appoints Ashutosh Bhargava as CEO
Neo Group has entered the mutual fund business with the launch of Neo Mutual Fund, expanding its wealth and asset management operations. Led by Ashutosh Bhargava and Sudeep Aggarwal, the fund house plans to introduce schemes across liquid, arbitrage, diversified equity and multi-asset allocation categories, subject to regulatory approvals.
IndusInd Bank customers can now send money abroad in 123 currencies through J.P. Morgan tie-up
IndusInd Bank has teamed up with J.P. Morgan Payments to elevate their outward remittance capabilities. This partnership enables customers to transfer money globally in 123 currencies with local-currency settlements. By integrating the Xpedite solution, the bank aims to simplify international transactions and plans to enhance online and mobile banking offerings for a more user-friendly experience.
India’s new wealth rituals: What are millennials and Gen Z buying on Dhanteras?
Dhanteras investing is evolving from physical gold purchases toward diversified digital portfolios. Younger investors are embracing gold ETFs, mutual funds, Bitcoin and tokenised assets while retaining the festival’s core goal of building wealth and financial security patiently.
Demat account additions hit 9-month high in October as IPO boom draws investors
In October 2026, new demat account additions reached a nine-month high, driven by strong IPO activity. NSDL and CDSL reported adding nearly 3.36 million accounts during the month. The total number of demat accounts at the end of October was approximately 244 million. The increase in account openings was mainly influenced by the successful launch of several public issues.
Sebi revises currency derivative norms for domestic investors, FPIs; allows to trade up to USD 5 mn
Sebi has revised its regulations to permit domestic and foreign portfolio investors to take positions in currency derivatives. Investors can now hold up to USD 5 million without establishing underlying exposure. The new guidelines also require FPIs to ensure their short positions do not exceed this limit. For amounts above the threshold, FPIs must have underlying exposure in Indian debt or equity securities.
Warren Buffett’s retirement income strategy: How a 90/10 rule could help a 65-year-old turn $600,000 into monthly income
For a 65-year-old with a traditional IRA of $600,000, adopting Warren Buffett’s 90/10 investment strategy is a practical choice. This approach allows for a balanced monthly withdrawal that integrates Social Security and IRA funds. By allocating 90% to S&P 500 index funds and 10% to Treasury bills, one can ensure withdrawal stability.
Gaja Alternatives net profit up 128% at Rs. 64.7 crore
Gaja Alternatives reported a 128% sequential rise in Q2 FY27 net profit to Rs. 64.7 crore, with revenue increasing 26% to Rs. 65.5 crore. The private equity asset manager highlighted strong fund performance, zero debt and expanding investments.
Nitin Gadkari wants to change how India's city roads are built; after highways, he's turning his attention to engineers, quality and accountability
Nitin Gadkari has called for a national mission on urban roads, stressing better project preparation, skilled engineers and accountability. Speaking at MARG 2026 in New Delhi, he also highlighted integrated planning between road, metro and rail agencies and showcased urban road development models in Bengaluru and Uttar Pradesh.
A fund copying Congress’s stock trades beat the S&P 500, thanks mostly to one stock
The Unusual Whales Subversive Democratic Trading ETF, named NANC, has shown remarkable performance, exceeding that of the S&P 500 since February 2023. This fund strategically utilizes the stock trades of Democratic lawmakers to shape its investment strategy. With significant holdings in leading technology firms, especially in AI innovations, its recent achievements can be attributed to a thriving AI market.
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