The world's largest cryptocurrency, Bitcoin, tumbled 21% in November 2025, recording the worst monthly decline since the 2022 global crypto crash. Bitcoin, which traded near $126,000 in early October, has now dipped to $81,000 in late November, marking a 33% fall in slightly over a month. Major altcoins mirrored Bitcoin's downturn, deepening the falling prices of Bitcoin.

World's richest man Elon Musk revealed on billionaire Nikhil Kamath's podcast that his partner Shivon Zilis is of Indian origin. "One of my sons with her, his middle name is 'Sekhar', after [Indian-origin Nobel-winner Subrahmanyan] Chandrasekhar," Musk said. They both laughed after Kamath asked if Zilis spent any time in India, and Musk replied, "No, she grew up in Canada."

Billionaire Nikhil Kamath revealed on his podcast that he was once a shareholder of Twitter before world's richest man Elon Musk bought it and renamed it to X. Calling himself a "very small shareholder", Kamath said, "I got paid when you bought Twitter." Musk responded, saying it was important to buy Twitter as it was having negative influence on world.

Billionaire philanthropist and Amazon Founder Jeff Bezos' ex-wife MacKenzie Scott has invested in Funding U, a startup founded by her college roommate Jeannie Tarkenton, AP reported. Tarkenton's father had given $1,000 to Scott decades ago, when the latter was unable to fund her college tuition fees. Funding U provides merit-based last-gap loans to low-income students without co-signers.

The mother of Deepti Chaurasia, the daughter-in-law of Kamla Pasand owner Kamal Kishore, has said her daughter was defamed at social events by her mother-in-law. Deepti died by alleged suicide. Deepti's mother claimed the deceased was excluded from family functions. She also said that Deepti's alleged harassment began a few months after her wedding in December 2010.

The government will likely introduce two new bills in the Parliament to replace the GST compensation cess on tobacco products and pan masala with another levy, as per reports. The move aims to keep the tax on sin items unchanged when the compensation cess expires in March 2026. Bills will likely be tabled at the start of the Winter session.

The Rapido driver whose bank account received ₹331.36-crore deposits in just 240 days was found living in a two-room shanty in Delhi when Enforcement Directorate conducted raids. According to officials, over ₹1 crore out of the funds was used for a "grand destination wedding" in Rajasthan's Udaipur. The driver failed to identify the wedding's groom, bride or their families.

The Rental Agreement Act 2025 mandates online rent payments, linking transactions to landlords' PAN cards and providing tenants with official proof. Arbitrary hikes are curbed, with rent-increases allowed only after 12 months and a 90-day notice. The reforms aim to make renting safer, transparent and fair, which will be benefiting students and professionals in metro cities.

Ex-Indian Air Force pilot Ehsan Khalid demonstrated inside a simulator what'd happen if an A320 plane is hit by the glitch for which Airbus released a safety directive. "It's not ELAC 2's failure which is a problem; it's the glitch...It's in effect the aircraft's brain," Khalid said. He said the plane could pitch down without warning if the glitch hits.

Kotal Institutional Equities Co-head Sanjeev Prasad raised concerns over way in which companies are using IPO proceeds over the past few years. Noting that only 15% of $100-billion IPOs funds raised in last five years were used for capital expenditure, Prasad said 40% funds were OFS, which means investors were just exiting. "Rest are used for random stuff," he added.

UPI witnessed significant growth with over 19 billion transactions worth ₹24.58 lakh crore till November 28, up from 15.48 billion transactions worth ₹21.55 lakh crore in November 2024. The transaction volume of UPI in November increased by 23% from same period last year, with transaction value recording a 14% rise. In two years, UPI transaction volume grew by 70%.

SpaceX CEO Elon Musk said it is physically impossible for Starlink to perform better in cities or densely populated areas due to competition from local network providers. "Rural areas...have worst internet because it's costly and difficult...to have high bandwidth cellular towers...So, Starlink tends to serve the least served," Musk said. "Starlink is complementary to existing telcos," he added.

Chinese regulators have barred TikTok owner ByteDance from using NVIDIA chips in new data centres, The Information reported. The ban comes amid China's efforts to reduce reliance on US technology, as the US tightens export restrictions for AI chips. ByteDance reportedly bought more NVIDIA chips than any other Chinese company this year.

Amazon blocked OpenAI’s ChatGPT and other tools from accessing or training on its marketplace data. It has restricted employees and third parties from allowing OpenAI tools to access seller information, product listings, consumer behaviour insights, and other internal datasets. This impacts the recently launched Shopping Research tool, which can no longer scan prices, reviews or deals on Amazon.

Home and furnishings company Wakefit will launch its initial public offering on December 8. The IPO includes a fresh issue worth ₹377 crore and an offer-for-sale of 4.67 crore shares. Wakefit founders Ankit Garg and Chaitanya Ramalingegowda, along with Peak XV Partners, Investcorp and SAI Global India, will be among those offloading shares in the OFS.

Switzerland on Sunday rejected a proposal to impose a 50% tax on the inherited wealth of 50 million Swiss francs (around ₹554 crore) or more. The proposal, which aimed to use the revenue to combat climate change, received 78% votes against it. Wealthy residents had reportedly threatened to leave the nation over the issue.

India and Russia could discuss a new arms deal during President Vladimir Putin's visit this week, Bloomberg reported. India and Russia have a Special and Privileged Strategic Partnership under which discussions for the purchase of Su-57 fighter jets and an advanced version of the missile defence shield S-500 are expected. Putin will visit India on December 4 and 5.

Sanjay Ghodawat Group, parent of Star Air, is eyeing a revenue of ₹15,000 crore by 2030 and is planning to take its various businesses public in the next 2-5 years. The company's aviation business alone is expected to contribute up to ₹6,000 crore during this period, as the company plans to invest ₹500 crore in its aviation vertical by 2027.

Private equity (PE) and venture capital (VC) investments in India jumped 9% YoY, reaching $5.3 billion in October, according to Ernst & Young-IVCA's latest report. Pure-play PE/VC investments also surged by 81% YoY, hitting a 13-month high of $5 billion in October. During the same period, real estate and infrastructure investments fell significantly by 86%.

Seven of India's ten most valued firms have added a combined ₹96,200.95 crore to their market valuation last week. Reliance Industries, HDFC Bank, ICICI Bank, State Bank of India, Infosys, Bajaj Finance and Hindustan Unilever were the top gainers on the index. Meanwhile, the market valuation of Bharti Airtel, Tata Consultancy Services (TCS) and Life Insurance Corporation of India declined.

Indian exporters are redirecting their shipments to Asia, the Middle East and Europe, feeling the strain of the 50% tariffs imposed by US from August 27, The Indian Express reported, citing government data. The shipments include shrimp, gems and jewellery, auto components, and electrical machinery. Gems and jewellery exports to US fell 76% YoY in September this year.

Stock exchanges NSE and BSE imposed a penalty of ₹5,42,800 on state-owned debt-ridden telecom operator Mahanagar Telephone Nigam Limited (MTNL). The fine has been imposed for not complying with the SEBI norms related to the composition of the board. "The matter for appointment…has already been taken up with the Government. Requesting NSE and BSE for waiver of fines," MTNL said.

OPEC+ members have agreed to keep oil output levels unchanged for the first quarter of 2026 at their meeting on Sunday. The decision was first taken at a meeting earlier this month amid concerns over a surplus in global oil markets. Oil futures have dipped 15% this year to trade near $63 a barrel in London, Bloomberg reported.

The National Company Law Appellate Tribunal (NCLAT) has rejected a petition seeking insolvency proceedings against Voltas. The plea was filed by Air Wave Technocrafts, one of Voltas' operational creditors. Upholding the earlier decision of the NCLT, the appellate body dismissed the plea, saying an email chain between both parties "reflects ongoing disputes".

Elon Musk, in a podcast with Nikhil Kamath, said he tried to dissuade US President Donald Trump from imposing tariffs on other countries. "I mean, the President has made it clear he loves tariffs...I've tried to dissuade him from this point of view, but unsuccessfully," Musk said. "I think generally free trade is better [and] more efficient," he added.