TRANSPORTATION PLATFORMS STRIKE
Bengaluru techies' lifestyle spending: Couple spends Rs 1.73 lakh monthly, Rs 75,000 for travel and Rs 60,000 rent
A Bengaluru couple reveals their eye-popping monthly spending habits, allocating Rs 75,000 for travel and Rs 60,000 for rent. Shubhi Khandelwal shares insights on their budgeting strategies, emphasizing easy tracking methods. Meanwhile, another local couple's relocation to Goa highlights the financial considerations of choosing a lifestyle change. Explore how these tech professionals manage expenses while saving and investing.
PB Fintech, Delhivery improve Q2 profits; Binance's $6.3 billion caper
PB Fintech on Friday reported a strong jump in profit and revenue for the July-September quarter. This and more in today’s ETtech Top 5.
These mid-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%, according to analysts
When a market is as jittery as it is right now, poor numbers are treated harshly. A new-age company in the business of buying and selling used cars reported numbers that fell short, and the street punished the stock severely. But it is not just the clear misses. Anything that is well-owned and presents disappointing numbers is seeing double-digit cuts.
HAL, BEL, Paras Defence, other stocks rise up to 4% after DAC clears proposals worth Rs 2.12 lakh crore
India’s Defence Acquisition Council approved defence procurement proposals worth ₹2.12 lakh crore, with 82% expected from domestic industry. The clearances cover helicopters, drones, air-defence systems, artillery and naval platforms, supporting military modernisation. Defence stocks may gain investor attention, while indigenous manufacturing, rising capital expenditure and policy support strengthen long-term sector growth prospects.
Drones, guns, helicopters: DAC clears Rs 2.12 lakh crore defence buys
On October 26, the Defence Acquisition Council granted Acceptance of Necessity for various capital acquisition proposals. The total worth of these proposals is approximately Rs 2,12,000 crore for the armed forces. A significant portion, about 82%, will be sourced from the Indian industry to promote domestic procurement. The approved procurements encompass a diverse array of platforms and weapons for all three armed forces.
Defence Minister clears Rs 2.12 lakh crore defence proposals: What will the Army, Navy and Air Force get?
India's Defense Ministry has approved defense procurement proposals amounting to Rs 2.12 lakh crore for various services. Approximately 82% of the purchases will be sourced from domestic industry, promoting local manufacturing. The Indian Army will acquire advanced vehicles, guns, surveillance systems, and drones to enhance its capabilities. The Navy is set to receive innovative platforms for modern warfare, including an Active Offboard Decoy System.
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France’s proud tradition of protests
France is witnessing significant protests involving thousands of participants expressing grievances about living costs and police methods. Recent upheavals have seen violent clashes, looting, and numerous arrests across the country's cities. This protest culture, born from the historical French Revolution, continues to shape civic engagement today. Critics argue that the government's response to these protests has fueled distrust among citizens.

Tesla Roadster: Elon Musk uploads video showing Tesla flying over a truck and other vehicles, watch viral footage
Tesla’s redesigned Roadster recently stunned audiences by performing aerial maneuvers, including driving upside down and flying briefly, at a SpaceX facility. While showcasing advanced technology, experts remain cautious about the practicality of flying cars for everyday use. As production delays push the launch to 2028, questions linger about safety and regulatory approvals for the ambitious electric sports car.

Chenab railway bridge to open new tourists viewing deck; vistors will see Himalayan peaks from the world’s highest railway arch bridge standing 359 metres above riverbed
World's highest rail bridge: Indian Railways is setting up a dedicated viewing deck and an engineering museum near the Chenab bridge in Jammu and Kashmir. Standing 359 metres above the riverbed, the world's highest railway arch bridge will now offer tourists sweeping views of the surrounding Himalayan peaks alongside detailed exhibits on how the structure was built.

ET Prime Special Series: Multibagger or Bankruptcy? Part 79: 5 years changed the size of this auto supplier. Will it pass the quality test?
The most striking number in this story is not a margin or a market-share target. It is a measure of scale. Revenue in the latest quarter was almost the same as full-year sales in FY21 and higher than the entire FY20 top line. It also argues that its current heavy-vehicle exposure is not under an immediate EV threat. For investors, the story is shifting from whether the company can grow to whether the additional capital can generate better returns.

Oil tanker captains are being offered over $100,000, plus bonuses, to cross Hormuz
Oil tanker captains are currently receiving extraordinarily high salaries due to increased risks while transiting through the Strait of Hormuz. Seafarers face danger from attacks as Iranian tensions escalate, prompting shipowners to offer more attractive pay packages. Many ordinary sailors are being pressured into high-stakes voyages, facing possible job loss if they refuse. Insurance costs for tankers have also soared, significantly impacting overall expenses for shipping companies.

23 Indian seafarers reported safe after Ukrainian drone attack sets fire to oil tanker off Russian coast
A Liberian-flagged oil tanker carrying an Indian crew caught fire off Russia's Black Sea coast following a Ukrainian drone attack, with all 23 crew members safely rescued. India condemned ongoing maritime attacks, urging dialogue and diplomacy to protect global commerce and seafarers.

Karachi's women delivery riders navigate traffic, stigma and the road to independence
Four women in Karachi are taking to motorcycles for food delivery work to support their families. They have each faced personal challenges that motivated them to seek financial independence. The growing demand for home delivery has created opportunities for them within the city's busy landscape. Initiatives are emerging to help more women overcome transportation barriers in their professional lives.

Omani co-pilot behind flydubai cockpit attack found with 'Free Palestine' leaflets, pro-Palestinian material: Israeli media
A Flydubai flight experienced a severe incident when the Omani co-pilot attacked the captain mid-flight. The flight faced a significant emergency descent, dropping 16,000 feet before landing in Tabuk, Saudi Arabia. Israeli authorities are investigating the assailant's potential Islamist radicalisation and connection to Tehran. Captain Smit Machchhar displayed remarkable bravery while preventing a possible catastrophe during the incident.

Lessons from Chinese AI Firms on Owning Customers’ Habits
As U.S. AI firms compete in an escalating race for superior models, bigger benchmarks, and more advanced features, Chinese companies are pursuing a fundamentally different strategy: embedding AI into users’ everyday habits. The authors argue that this “habit moat” approach may prove more durable than competing on raw capability alone. Whereas Western firms position AI as a destination consumers consciously visit, companies like Alibaba integrate AI into existing routines such as shopping, payments, food delivery, and travel booking, reducing friction until using AI becomes automatic behavior. Once AI capabilities become “good enough,” marginal technical improvements matter less than becoming the default path through recurring customer tasks. The authors outline four strategic imperatives for Western leaders: focus on behavioral cues rather than feature gaps, subsidize customer behavior instead of subscriptions, embed AI invisibly into existing workflows, and optimize for repeat usage rather than first-time adoption. The central warning is stark: AI may not replace employees first—it may instead capture the critical customer moments businesses currently own.

Russia's Geran drones become one of the most dangerous. Speed, reinforced bodies and less reaction time; the new drone that is changing warfare
For a long time, the sound of a Shahed-136 gave people in Ukraine something they badly needed, a little warning. The Russian-built Geran-2 used a piston engine and moved at roughly 180 km/h, slow enough for air-defense crews to track and engage it. The newer jet-powered Gerans have changed that calculation. Some can reach around 600 km/h, leaving far less time between detection and impact.

What spooked Europe last week? The rumbles of Russia war grow louder
European nations now discuss potential Russian conflict in new terms. Intelligence suggests hybrid drone and missile strikes could target Ukraine supporters. Leaders are planning for sabotage and cyberattacks below traditional war thresholds. This shift reflects a fear of Russia exploiting grey areas between peace and war. European governments are building resilience and defence capabilities to deter Moscow.

Delhi Metro International Limited to make global debut at InnoTrans 2026 in Berlin
Delhi Metro International Limited (DMIL), a wholly-owned subsidiary of DMRC, will make its global debut at InnoTrans 2026 in Berlin, showcasing its metro operations, consultancy and project management expertise. The company has submitted five international bids in three months and is exploring expansion opportunities across West Asia, Europe and North America.

In 2015, Beyonce accepted about $6 million in Uber stock instead of cash for a performance; 4 years later, the company went public at an $82 billion valuation
Beyoncé and Uber story remains a striking example of how celebrity culture, technology startups and equity compensation converged during Silicon Valley’s explosive growth years. In 2015, accepting reported Uber stock instead of cash for a performance could have looked like an unconventional compensation choice.

BRICS 2026: PM Modi wants bloc to look beyond its borders and serve wider Global South
Prime Minister Narendra Modi said BRICS should promote inclusive global growth, with solutions developed by the bloc made accessible to the wider Global South. He said confidence in BRICS had grown because the grouping listens to developing countries’ voices.

BRICS Summit: Modi warns against weaponisation of tech, critical minerals; Xi announces open-source AI
BRICS Summit 2026: Prime Minister Narendra Modi urged BRICS nations to unite in the face of rising global tensions and emphasised the need for inclusive growth, particularly for the Global South. Concerns were also raised over the weaponisation of technology and critical minerals. The grouping aims to strengthen resilience and preparedness against future crises, with cooperation on early warning systems and resilient supply chains being prioritised.

BRICS 2026: India cracks the code in a divided room with 4 AM talks & diplomatic heavy lifting
Prime Minister Narendra Modi helped broker a unanimous BRICS statement on the Middle East conflict despite sharp differences among members including Iran, Saudi Arabia and the UAE. After negotiations lasting into the early morning, the bloc called for maximum restraint and expressed concern over attacks on civilian and nuclear infrastructure.

US targets Iran’s aviation sector with sanctions on 27 airlines and foreign firms
The US Treasury sanctioned 27 Iranian airlines and related foreign firms to curb weapons transport and technology access. Meanwhile, Iranian President Masoud Pezeshkian stated that Tehran opposes war but will continue its resistance against aggression until the "aggressors" face complete regret.

Gig workers from Maharashtra likely to join strike, police monitoring developments: Officials
Gig and platform workers from Mumbai and Maharashtra are expected to join a nationwide strike. This action is planned for New Year's Eve. Workers are demanding better pay and improved working conditions. Police are monitoring the situation closely. The strike could impact food delivery and quick commerce services. Authorities are coordinating with organizers to prevent issues.

Gig workers from Maharashtra likely to join strike, police monitoring developments: Officials
Amid the strike call by gig workers' unions, police are closely monitoring developments to prevent any untoward incidents on New Year's Eve, according to police officials.

Gig workers begin strike in Hyderabad, over 1.7 lakh set to join pan-India
Hyderabad gig workers' strike: Several workers in Hyderabad gathered with placards and shouted slogans demanding better pay and safer working conditions. The riders are conducting the strike demanding job security, higher pay, and social security benefits.

Bharat Bandh 9 July: Are schools, colleges closed tomorrow as 10 unions to demonstrate nationwide strike against Modi govt
A nationwide general strike, supported by trade unions and farmer groups, is set for July 9, protesting the government's economic policies. Over 25 crore workers are expected to participate, potentially disrupting banking, transport, and mining sectors. While schools and government offices remain open, transport disruptions may cause delays for many.

Assam Transport Strike: All public, commercial vehicles to stay off road for two days in protest against new hit-and-run law
A 48-hour strike in Assam halts public transport, protesting a new law on hit-and-run cases. Transporters' unions demand withdrawal, citing bias against drivers. Talks with officials fail. The law, replacing IPC, enforces stricter penalties, facing drivers with up to 10 years' imprisonment. It applies universally, causing concerns among private car owners. Citizens rush to petrol pumps amid fears of fuel shortages.

UK strikes latest updates: Here's a complete list of strike dates in January
The United Kingdom is likely to face a wave of strikes organised by several worker’s unions across the country. Here is a list of all the strikes that will hamper the workflow in January 2023 for the UK locals.
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