For the best experience use Mini app app on your smartphone
Bihar transfers ₹10,000 to 10 lakh women under employment scheme
short by Girish Kumar Anshul / on 28 Nov 2025,Friday
Bihar CM Nitish Kumar disbursed ₹10,000 to 10 lakh women beneficiaries of the state under 'Mukhyamantri Mahila Rojgar Yojana' on Friday. The scheme aims to support one woman from each family to start an occupation of her choice. After women start employment, an assessment will be conducted and additional financial assistance up to ₹2 lakh will be provided.
short by Girish Kumar Anshul / 07:57 pm on 28 Nov
A towering 75-ft Vikram rocket replica has become Hyderabad’s newest attraction after being unveiled at a private aerospace campus. The monument was inaugurated by Prime Minister Narendra Modi, symbolising India’s rising space ambitions. Built to inspire young innovators, the installation marks a major milestone for the country’s fast-growing private space sector.
short by / 07:43 pm on 28 Nov
Paul Krugman warned Friday that two Trump-era policy moves could threaten US financial stability. Fed Governor Michelle Bowman's push to loosen bank capital rules and the passage of the GENIUS Act, which regulates stablecoins, are threats to financial stability, he added. Krugman argued the actions weaken safeguards and risk creating conditions reminiscent of the 2008 financial crisis.
short by / 06:44 pm on 28 Nov
Major retailers reported a solid start to the holiday quarter, but shoppers are increasingly waiting for deeper discounts. Walmart said customers are leaning into seasonal events, while Best Buy noted resilient yet deal-focused spending. Salesforce expects $36 billion in global digital sales on Thanksgiving, and the NRF sees US holiday sales rising 3.7% to 4.2%.
short by / 06:37 pm on 28 Nov
With November ending in just two days, several crucial financial deadlines must be met to avoid disruptions. Pensioners must submit their life certificate by November 30 or risk suspension of their pension. Taxpayers face due dates for multiple TDS filings, and central government employees have their last chance to opt for the Unified Pension Scheme.
short by / 06:24 pm on 28 Nov
Wearable Devices (WLDS) shares rose nearly 5% premarket after the company secured about $5.68 million through a warrant inducement deal with an existing institutional investor. The investor agreed to immediately exercise warrants for 3.3 million shares at $1.71 each. Wearable Devices said the proceeds will support working capital needs and general corporate purposes.
short by / 07:39 pm on 28 Nov
Ryanair is discontinuing its prime membership after an eight-month trial showed the program cost more than it earned. The airline gathered 55,000 members and €4.4M in fees, but gave out over €6M in fare discounts. Existing members keep benefits until October 2026, but no new sign-ups will be accepted after Friday.
short by / 07:04 pm on 28 Nov
Starbucks Workers United expanded its strike to more than 120 stores across 85 cities, with over 2,500 baristas protesting for higher pay and improved staffing. The union says the walkout its longest yet, responds to unfair labor practices. Workers urged CEO Brian Niccol and Starbucks leadership to end delays and engage in meaningful negotiations.
short by / 07:07 pm on 28 Nov
Comcast is reportedly preparing a higher bid for Warner Bros. Discovery (WBD) studios and streaming assets, with CEO Brian Roberts weighing an offer that could reach $27-28 per share, according to the New York Post. WBD has asked suitors to submit improved bids by December 1. Comcast views the deal as a potential boost for its media business.
short by / 07:42 pm on 28 Nov
Baidu has begun large-scale layoffs across multiple units following its disappointing third-quarter results, Reuters reported. Cuts are expected to continue through year-end and could reach up to 40% in some teams. While the final number is unclear, roles tied to AI and cloud computing will be largely protected as the company reallocates resources toward core growth areas.
short by / 07:48 pm on 28 Nov
A cooling-system malfunction at a CyrusOne data center forced CME Group to halt futures and options trading across major asset classes on Friday. The outage, already longer than a similar 2019 disruption, froze activity globally, though CME said its BrokerTec European venue remained operational.
short by / 06:15 pm on 28 Nov
Abercrombie & Fitch gained retail attention Friday after Barclays raised its price target to $94 from $84, citing strong third-quarter performance and 15% comp growth at Hollister. The firm kept an Equal Weight rating but said momentum remains solid heading into the holidays. Abercrombie became one of the top-trending tickers on Stocktwits following the upgrade.
short by / 06:40 pm on 28 Nov
Spot silver climbed to about $54.30 per ounce on Friday, nearing its record high of $54.50 as rising rate-cut expectations fueled demand. The metal is set for its biggest weekly gain since late May and remains above its 50-day moving average despite recent pullbacks. ING noted China silver inventories have fallen to decade-low levels, signaling potential supply pressure.
short by / 08:03 pm on 28 Nov
China SAMR ordered BYD to recall nearly 89,000 Qin Plus DM-i plug-in hybrids made from 2021 to 2023 after finding inconsistencies in battery-pack manufacturing that can limit power output. The regulator said the issue could even disable pure-EV mode. BYD will replace affected batteries free of charge after diagnostics.
short by / 06:09 pm on 28 Nov
Bitcoin hovered near $91,000 on Friday as the crypto market worked to stabilise after last week sell-off. TRX, ETH, and XRP posted modest gains, while Dogecoin, Solana, and Cardano led declines. Market liquidations totaled $174 million over 24 hours. Analysts pointed to improving Bitcoin fundamentals but cautioned that key resistance levels could cap near-term upside.
short by / 06:19 pm on 28 Nov
Union Minister Gajendra Singh Shekhawat said India's tourism sector is poised to grow over 20% annually, driven by a rising middle class, strong economic growth and major infrastructure upgrades. He said the 2030 Commonwealth Games in Ahmedabad will further boost tourism, urging bold private investment to elevate India's global tourism potential.
short by / 06:05 pm on 28 Nov
ED has traced money trail from a Rapido bike driver's bank account to a wedding at Udaipur's Taj Aravali Resort. While investigating 1xBet betting racket, ED found the rider's account received ₹331.36 crore deposits from 2024-2025 and over ₹1 crore from this was spent on the wedding linked to Congress' Aditya Zula. Officials said the account functioned as a mule.
short by Arshiya Chopra / 09:33 pm on 28 Nov
Economists cautioned that India's stronger-than-expected 8.2% GDP growth may not sustain, with US tariffs posing a major risk ahead. Emkay Global's Madhavi Arora said growth exceeded forecasts due to easing measures and steady exports, while ICRA's Aditi Nayar warned of an adverse base and limited government spending. The IMF also cut next year's forecast, citing prolonged tariff pressure.
short by / 09:08 pm on 28 Nov
RBI scraps 9,445 circulars, issues consolidated 244 directions
short by Mansi Agarwal / on 28 Nov 2025,Friday
RBI has repealed 9,445 circulars and consolidated rules into 244 Master Directions across 11 types of regulated entities to ease regulatory framework. Of the total repealed circulars, around 3,800 were consolidated into master circulars, while the rest were withdrawn for being obsolete. The process included all regulations issued over several decades since 1940, RBI Deputy Governor SC Murmu said.
short by Mansi Agarwal / 10:45 pm on 28 Nov
Banks in talks to lend $38-bn to fund sites for OpenAI: Report
short by Ishita Ranganath / on 28 Nov 2025,Friday
A group of banks is in talks to lend another $38 billion for Oracle and data centre builder Vantage to fund further sites for OpenAI, reported Financial Times on Friday. Companies supplying data centres, chips, and compute processing power to OpenAI have already taken on approximately $96 billion in debt to fund their operations, as per FT's analysis.
short by Ishita Ranganath / 10:51 pm on 28 Nov
After India's GDP was estimated to grow by 8.2% in the second quarter of FY26, the BJP has hit back at Rahul Gandhi over his 'dead economy' remark. "Where are those who said the Economy is Dead? Their political careers are dead!" BJP spokesperson Shehzad Poonawalla said. Notably, US President Donald Trump had also called the Indian economy dead.
short by Garima Garg / 10:50 pm on 28 Nov
HDFC Bank fined ₹91 lakh by RBI over banking norms violations
short by Mansi Agarwal / on 28 Nov 2025,Friday
RBI has fined HDFC Bank ₹91 lakh for violating certain provisions of the Banking Regulation Act. The lender adopted multiple benchmarks within the same loan category and also outsourced the function of determining compliance with KYC norms of certain customers to its outsourcing agents, RBI said. A subsidiary of the bank also undertook business not permissible for a banking firm.
short by Mansi Agarwal / 08:25 pm on 28 Nov
Global liquor firms sue Maharashtra govt over tax hike: Report
short by Mansi Agarwal / on 28 Nov 2025,Friday
An industry group backed by global liquor firms Diageo and Pernod Ricard has sued Maharashtra government over a tax hike on their affordable brands, Reuters reported. The International Spirits and Wines Association of India has also opposed the exclusion of the companies from a new lower tax category. In June, the state created a new category called "Maharashtra Made Liquor".
short by Mansi Agarwal / 09:33 pm on 28 Nov
India's full-year economic growth could exceed 7%: CEA Nageswaran
short by Mansi Agarwal / on 28 Nov 2025,Friday
Chief Economic Advisor V Anantha Nageswaran said India's full-year economic growth could reach 7% or even higher. "The confluence of stable inflation, sustained public capex, and reform momentum positions the economy to navigate risks," he stated. His remarks come after the real GDP grew by an estimated 8.2% in the July-September quarter.
short by Mansi Agarwal / 10:56 pm on 28 Nov
India's forex reserves dip by $4 billion to $688 billion in a week
short by Mansi Agarwal / on 28 Nov 2025,Friday
India's foreign exchange reserves plunged by $4.4 billion to $688 billion in the week ended November 21, as per the RBI data. The dip was driven by gold reserves, which fell by $2.6 billion to $104 billion. Foreign currency assets also declined by $1.6 billion to $560 billion. In the previous week, the overall reserves had increased by $5.5 billion.
short by Mansi Agarwal / 08:05 pm on 28 Nov
Load More
For the best experience use inshorts app on your smartphone