Mumbai's court has permitted the ED to auction two vehicles belonging to fugitive businessman Nirav Modi. The sale proceeds of the Mercedes-Benz GLE250 and Skoda Superb Elegance, which will be re-auctioned, will be deposited in a fixed deposit with a nationalised bank. Court noted that the assets were depreciating as the trial against Modi showed no immediate prospect of commencing.

The government's newly implemented labour codes help textile workers by enabling equal wages, welfare benefits and PDS portability benefits for all migrant workers. Employees can also raise claims for up to 3 years to settle pending dues. The labour reforms introduced a provision for double wages for overtime work and allowed women to work at night across all establishments.

The Code on Wages, 2019 that came into effect on Friday, introduced national floor wage. The national floor wage is a baseline wage that will be set by Centre to prevent states from fixing minimum wages below certain limit. It'll vary by region to reflect living costs. An earlier expert panel had recommended a daily uniform wage of ₹375.

'Rich Dad Poor Dad' author Robert Kiyosaki said he has sold $2.25 million worth of Bitcoin for around $90,000. "I purchased the Bitcoin for $6,000 a coin years ago. With the cash from Bitcoin, I am purchasing two surgery centres and investing in a billboard business," he added. The sale comes as Bitcoin has erased all of its 2025 gains.

OpenAI CEO Sam Altman has cautioned employees about challenging months ahead as Google accelerates its AI push with Gemini 3.0. In an internal memo, he admitted that Google's massive ecosystem gives it a strong edge, while Anthropic is also gaining ground. Still, Altman said OpenAI remains well-positioned, urging staff to stay focused on long-term goals like super-intelligence.

Recurring deposits could be a better option for accumulating ₹10 lakh by 2028 if an investor seeks safe returns, as per NDTV Profit. SIPs could offer higher growth but come with market risk. To hit the ₹10-lakh target, an RD at 6.5% per annum interest rate requires around ₹25,200/month investment, while an SIP, assuming 12% annual returns, needs about ₹23,300/month.

Even with a strong CIBIL score above 700, many borrowers face loan rejection due to other key red flags. Banks closely evaluate factors like high debt-to-income (DTI) ratio, unstable income, short job tenure, delayed EMIs, and poor credit history. A DTI above 45% or inconsistent repayment behaviour can lead to denial. Maintaining stability improves approval chances.

Vamsi Gadiraju, who is marrying billionaire Rama Raju Mantena's daughter Netra Mantena, is the Co-Founder and CTO of Superorder. The US-based company, believed to have a net worth of $18-25 million, assists restaurants in managing delivery and takeaway operations. Gadiraju is a Columbia University alumnus and has also featured in the Forbes 30 Under 30 list in 2024.

Ronil Hira, an Indian-origin professor at US' Howard University, said labour regulations should be changed so that H-1 B visa programme doesn't depress wages and protect workers. "That it (H-1 B visa programme) is actually fulfilling its purpose, which is to fill genuine shortages instead of displacing Americans," Ronil added. Notably, US government has raised H-1 B fee to $100,000.

After US President Donald Trump's son Donald Trump Jr visited Vantara with Anant Ambani and praised the facility, his old pictures showing him hunting surfaced online. Many social media users called Trump Jr's visit to Vantara ironic and accused him of hypocrisy. "You see a life in their eyes that you just don't see anywhere else," he said about Vantara.

Late businessman Sunjay Kapur and his third wife Priya Sachdev Kapur's six-year-old son challenged plea filed by Sunjay's second wife Karisma Kapoor's children Samaira and Kiaan. Counsel representing the minor argued that the plea was based on “speculation and guesswork.” The plea requested court to scrutinise validity of the ₹30,000-crore will, which allegedly excludes them from inheriting it.

India's trade flows have demonstrated resilience in the face of currency volatility and global uncertainties, SBI Research reported. Country's overall merchandise exports increased by 2.9% YoY to $220-billion between April-September of FY26 from $214-billion in same period last year. While US remains major trading partner, its share in India's overall exports has slipped to 15% in September 2025.

The week starting November 24 will see the launch of three SME IPOs. SSMD Agrotech India will open its IPO on Tuesday, while the IPOs of Mother Nutri Foods and KK Silk Mills will launch on Wednesday. While no mainboard IPO is planned for the week, Excelsoft Technologies and Sudeep Pharma are expected to make their market debut.

Billionaire Ray Dalio said AI spending is forming a bubble, but urged investors against selling their positions. "Don't sell just because there's a bubble," he said, adding, "But if you look at the correlations with the next 10 years' returns, when you are in that territory, you get very low returns." He added that bubbles need a trigger to burst.

JM Financial's MD Vishal Kampani has advised retail investors against rushing to buy shares on the listing day. He noted that many stocks see a sharp rally post-IPO because anchor investors are locked in, creating a temporary supply shortage. "You'll really see how some of these gains post-IPO play out after the [lock-ins expire]," he added.

Major US technology firms issued over $120-billion in debt in 2025 to finance AI infrastructure. Since September, four leading companies have reportedly sold $90 billion in public bonds, with Alphabet issuing $25 billion, Meta $30 billion, Oracle $18 billion, and Amazon $15 billion. AI capital expenditure may reach $600-billion by 2027, and net debt issuance may hit $100-billion in 2026.

Intel CEO Lip-Bu Tan dismissed reports that a new hire took trade secrets from TSMC to his company, saying that Intel respects other firms’ intellectual property. Taiwanese newspapers reported that the 75-year-old hire Lo Wen-jen allegedly took proprietary know-how from his former employer TSMC, before his departure. TSMC has opened an internal probe to determine if trade secrets were stolen.

The US President Donald Trump-led administration is considering letting NVIDIA sell its H200 AI chips to China, Reuters and Bloomberg reported. America has imposed restrictions on chip exports to China over the years, citing national security concerns. In October, Trump and Chinese President Xi Jinping reached an agreement to de-escalate the trade war between their countries.

As the government implemented India's four new labour codes, reforming 29 fragmented labour laws, Zomato said the codes will strengthen social security access for its gig workers. It highlighted that financial impact on account of these rules won't be detrimental to the long-term health of its business. Amazon said it is evaluating changes under the reforms, which would need implementation.

BYJU'S Founder Byju Raveendran will appeal a US bankruptcy court's default judgment that ordered him to pay over $1-billion in a dispute linked to his firm's subsidiary, Alpha. Judgment followed Raveendran’s repeated failure to appear before court and provide documents about Alpha's $533-million missing fund. A court filing earlier stated that the missing fund was roundtripped back to Raveendran.

India's retail real estate expansion has shifted toward smaller cities, with Tier II and III urban centres now emerging as the sector's primary growth engines, reports stated. Cities like Raipur, Vizag, Bhubaneswar and Indore are becoming central to this growth. India's real estate market could touch $10-trillion by 2047, with major share of future retail development expected in these cities.

A group of ten trade unions has condemned the government's implementation of new labour codes, calling the move a "deceptive fraud" against workers. "This...government has made effective the...codes to cater to the demands of employers' representatives," the unions said in a joint statement. They urged the Centre to withdraw the codes and announced a nationwide protest on November 26.

Government will introduce a bill in the upcoming Winter Session to raise foreign direct investment (FDI) in the insurance sector to 100%, from the current 74%. The Insurance Laws (Amendment) Bill will deepen penetration, accelerate growth and development of the insurance sector and enhance ease of doing business. The Winter Session will see the introduction of 10 new draft legislations.

A retired Mumbai doctor lost ₹1.47 crore in a stock trading scam that used an image of Finance Minister Nirmala Sitharaman to advertise itself. According to the police, the ad guaranteed profits of at least ₹60,000 on an investment of ₹21,000. The victim made investments over a month, but his trading account disappeared when he tried to withdraw the money.

IndiGo's parent InterGlobe Aviation will be entering the BSE benchmark 30-share Sensex during the upcoming December 22 rebalancing. It will be replacing Tata Motors Passenger Vehicles from the index, while IndusInd Bank is being replaced by Max Healthcare Institute in the BSE Sensex 50 index. Additionally, IDFC First Bank will be entering the BSE 100 index, replacing Adani Green Energy.