For the best experience use Mini app app on your smartphone
Gold prices jump to hit near 2-week high in India
short by Anmol Sharma / on 26 Nov 2025,Wednesday
Gold prices surged ₹1,200 to hit near a two-week high of ₹1,30,100 per 10 grams in Delhi on Wednesday, according to the All India Sarafa Association. On November 13, gold of 99.9% closed at ₹1,30,900 per 10 grams. In the global markets, spot gold climbed by $33.50 or 0.81% to $4,164.30 per ounce.
short by Anmol Sharma / 09:04 pm on 26 Nov
Global Work AI, founded by Alex Chepovoi and Alex Dyadischev, has raised $2.4 million to enhance its AI-powered platform for remote job seekers. The company offers automated CV building, tailored job suggestions, scam-free listings, and Mia AI, a smart assistant that helps candidates apply faster, stay relevant, and cut job-search stress.
short by / 08:41 pm on 26 Nov
Weekly US jobless claims hit lowest point since April
short by / on 26 Nov 2025,Wednesday
United States jobless claims fell by 6,000 to 2,16,000 for the week ending November 26, marking the lowest level since April 2025 and below expectations. The four-week moving average also declined to 2,23,750, signalling continued labour-market resilience, despite broader economic uncertainty.
short by / 07:48 pm on 26 Nov
ByteDance reportedly bought more Nvidia chips than any Chinese firm in 2025, stockpiling GPUs ahead of possible US restrictions. But Beijing has now barred the company from using Nvidia hardware in new data centres, leaving it with a large idle inventory. The move creates operational and financial challenges, even as retail sentiment for both ByteDance and Nvidia remains extremely bullish.
short by / 07:13 pm on 26 Nov
Zerodha co-founder Nithin Kamath warned that crypto futures and options (F&O) could trap investors in a "dabba-trading-like" scam, urging caution. He stated that crypto-derivative exchanges operate in a "regulatory limbo" with no safeguards if something goes wrong. He added that such platforms often act as your counterparty, meaning it's good for the platform if the customer loses money.
short by Garima Garg / 09:01 pm on 26 Nov
Datavault AI signed a licensing deal with the World Boxing Council (WBC) to use its ADIO, VerifyU, Datavault, and IDE platforms to convert global fan engagement into monetisable data. The companies will split event-activation revenue evenly. The technology will roll out across WBC championship events through 2025 and 2026.
short by / 07:51 pm on 26 Nov
VisionWave shares rose 6% premarket after the company appointed Judit Nagypal to lead the next phase of solar drones commercial rollout in Europe, following a successful 100-day proof of concept with DB InfraGO AG. Nagypal is also being considered for a board seat as she oversees European partnership and deployment opportunities.
short by / 07:54 pm on 26 Nov
Kurkure, chips more accessible than fruits & vegetables: EAC-PM
short by Garima Garg / on 26 Nov 2025,Wednesday
Economic Advisory Council to the Prime Minister (EAC-PM) Chairperson S Mahendra Dev warned that processed foods like Kurkure and chips are now more accessible than fruits and vegetables. He noted their widespread availability in rural areas. He said processed foods and beverages account for 21% of rural and over 25% of urban consumption, urging efforts to promote healthier snacking options.
short by Garima Garg / 10:52 pm on 26 Nov
Oracle shares rose nearly 2% premarket after Deutsche Bank said the stock’s pullback offers a buying opportunity, arguing the market gives Oracle little credit for its OpenAI partnership. The firm maintained a Buy rating with a $375 target. OpenAI has reportedly agreed to purchase $300 billion in computing capacity from Oracle over five years, offering major upside despite risks.
short by / 06:30 pm on 26 Nov
Delhi lifts 50% work-from-home, hybrid school rules as GRAP-3 ends
short by Girish Kumar Anshul / on 26 Nov 2025,Wednesday
Delhi Minister Manjinder Singh Sirsa on Wednesday announced that GRAP stage 3 anti-pollution restrictions, including 50% work-from-home and hybrid school classes, have been lifted. The decision follows the revocation of GRAP stage 3 restrictions across the Delhi-NCR region due to an improvement in air quality. However, restrictions remain in place under Stage 1 and Stage 2.
short by Girish Kumar Anshul / 09:08 pm on 26 Nov
Supertails, founded in 2021 by former Licious executives Varun Sadana, Aman Tekriwal & Vineet Khanna, is in talks to raise $15–20 million led by Venturi Partners. It offers pet supplies, online vet consultations, training and pharmacy services. Its investors include RPSG Capital Ventures, Fireside Ventures, Saama Capital, DSG Consumer Partners and Sauce VC, reflecting growing interest in petcare.
short by / 08:33 pm on 26 Nov
Prediction markets are surging with over $9 million in bets on who US President Donald Trump will choose as the next Federal Reserve chair. Kalshi has more than $3.59 million wagered, while Polymarket exceeds $5.4 million. The action follows reports that NEC Director Kevin Hassett is now seen as the leading contender to succeed Jerome Powell.
short by / 07:16 pm on 26 Nov
Nyxoah shares rose 7% premarket after CMS finalised CY2026 rules increasing Hospital Outpatient Department reimbursement for its Genio hypoglossal nerve stimulation implants to about $45,000. The company expects stronger adoption, higher procedural throughput, and expanded access across Medicare-heavy centers, with new opportunities for ambulatory surgery centers as well.
short by / 07:29 pm on 26 Nov
SciSparc shares jumped 28% premarket after its NeuroThera unit signed a binding deal to acquire patents, trademarks and IP for next-generation endoscopic systems and medical cameras from Xylo Technologies. The acquisition includes rights to the MUSE single-use device for treating GERD. SciSparc will issue ordinary shares to Xylo as part of the transaction.
short by / 07:26 pm on 26 Nov
Goldman Sachs raised its Broadcom price target to $435 from $380, implying a 15% upside ahead of the company’s December 11 earnings report. The firm cited accelerating AI demand from major customers like Google and OpenAI and expects FY2026 AI revenue guidance to exceed 100% growth. Analysts forecast $17.46 billion in Q4 revenue and $1.87 EPS.
short by / 07:32 pm on 26 Nov
Nukkleus shares rose nearly 3% premarket after announcing its corporate-sponsored SPAC, SC II Acquisition Corp, priced its IPO at $10 per unit, aiming to raise $150 million. Each unit includes one Class A share and one-fifth of a share right. SCIIU will list on Nasdaq, with the IPO expected to close around November 28.
short by / 08:08 pm on 26 Nov
Do taxpayers receive interest on delayed income tax refunds?
short by Garima Garg / on 26 Nov 2025,Wednesday
Central Board of Direct Taxes (CBDT) Chairman Ravi Agrawal said refunds for low-value claims are already being processed. However, most pending income tax refunds, including high-value and red-flagged ones, are expected to be cleared by December. Under Section 244A of the Income Tax Act, taxpayers whose filings are complete and accurate may receive 6% annual simple interest on delayed refunds.
short by Garima Garg / 08:50 pm on 26 Nov
Deere shares fell more than 5% premarket after issuing fiscal 2026 net income guidance of $4 billion–$4.75 billion, well below the $5.31 billion Bloomberg consensus. This overshadowed its Q4 earnings beat ($3.93 vs. $3.81 expected). Deere sees weakness in large agriculture continuing into 2026, though it expects growth in small ag, turf, and construction segments.
short by / 07:35 pm on 26 Nov
IMF forecasts India’s GDP growth easing from 6.6% in FY26 to 6.2% in FY27
short by Ishita Ranganath / on 26 Nov 2025,Wednesday
Under baseline assumption of prolonged 50% US tariffs, India's GDP is projected to grow by 6.6% in FY26 before moderating to 6.2% in FY27, as per 2025 Consultation Report. However, India's recent GST rate adjustment is expected to offset tariff impact. Further, India's real GDP expanded by 7.8% in FY26 Q1. Despite uncertainties, India's macroeconomic fundamentals remain strong, it added.
short by Ishita Ranganath / 10:52 pm on 26 Nov
Zohran Mamdani's pay to jump 16% with proposed City Council Bill
short by Girish Kumar Anshul / on 26 Nov 2025,Wednesday
As New York City Mayor-elect Zohran Mamdani prepares to assume office on January 1, 2026, the City Council has proposed a 16% pay hike for him and senior officials. The bill, introduced by Councilwoman Nantasha Williams and co-sponsored by 32 members, would raise salaries from $148,500 to $172,500 for the mayor, public advocate, comptroller, among others.
short by Girish Kumar Anshul / 09:46 pm on 26 Nov
Binance sued by Oct 7 attack victims over aiding Hamas terrorists
short by Neeraja Nath / on 26 Nov 2025,Wednesday
Binance is facing a US lawsuit that accuses it of helping transfer over $1 billion, including over $50 million after the October 7, 2023 attack, to terrorist groups like Hamas and Hezbollah. The lawsuit was filed by victims and their families of October 7 attacks. Earlier, US President Donald Trump had pardoned Binance Co-founder Changpeng Zhao in money laundering case.
short by Neeraja Nath / 10:55 pm on 26 Nov
IMF reclassifies India's exchange rate regime to 'crawl-like arrangement'
short by Ishita Ranganath / on 26 Nov 2025,Wednesday
IMF reclassified India's "de facto" exchange rate regime as "crawl-like arrangement", two years after branding it "stabilised". A crawl-like arrangement is when exchange rate remains within "narrow margin of 2% relative to statistically identified trend for six months or more, said IMF. The Rupee has declined about 4% this year, hitting all-time low against US dollar on November 21.
short by Ishita Ranganath / 10:55 pm on 26 Nov
RBI imposes penalty of ₹8.43 lakh on Union Bank over soiled notes
short by Garima Garg / on 26 Nov 2025,Wednesday
The RBI imposed a penalty of ₹8,43,000 on Union Bank of India, Financial Express reported. In an exchange filing, the bank disclosed that the penalty is levied for deficiencies observed in soiled notes remittances made to the RBI and for ATM cash-outs. There will be no significant impact on the bank's financial, operational, or other activities due to the penalty.
short by Garima Garg / 10:13 pm on 26 Nov
Will worsening air quality make health insurance premium costlier?
short by Garima Garg / on 26 Nov 2025,Wednesday
As pollution surges across major Indian cities, insurers are considering factoring long-term risks into their pricing. Rising pollution-linked illnesses, along with increasing treatment costs, are prompting insurers to consider premium hikes of 10-15% for residents of highly polluted metros, according to reports. Residents of cities like Delhi and Mumbai could face higher premiums, reports added.
short by Garima Garg / 10:47 pm on 26 Nov
SoftBank stock fell 40% since Oct, erases $102-bn in market value
short by Ishita Ranganath / on 26 Nov 2025,Wednesday
SoftBank's shares have plunged around 40% since late October, erasing over 16 trillion yen ($102 billion) in market value, amid concerns of AI bubble. SoftBank faces $22.5 billion December payment to OpenAI, part of $32 billion deal. However, On Wednesday, stock rose nearly 8% after announcing completion of $6.5 billion purchase of US chip designer Ampere Computing LLC.
short by Ishita Ranganath / 08:32 pm on 26 Nov
Load More
For the best experience use inshorts app on your smartphone