U.S. Black Friday Sales Defy Tariffs and Economic Woes
GLOBAL NEWS | Sat, 29 Nov 2025, 11:48PM IST
Data on spending this week shows that consumers are shopping big for the holidays despite inflation and economic worries.
Continue reading at The New York Times
1h
Railways eases parcel service norms to boost participation
INDIA BUSINESS | Sat, 29 Nov 2025, 11:44PM IST
Indian Railways has eased its parcel service rules. This allows more companies to lease train space and become aggregators. Minimum revenue requirements for tenders have been removed. The fee for freight forwarders has also been halved. These changes aim to boost parcel space use. Indian Railways is focusing on expanding its parcel business. A new door-to-door service was recently launched.
Continue reading at Economic Times
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Rapido denies involvement in 331-crore trail found in driver's account
INDIA BUSINESS | Sat, 29 Nov 2025, 11:43PM IST
Ride-hailing firm Rapido has denied having any involvement in an investigation being carried out by the Enforcement Directorate in the Rs 331-crore money deposit trail in a bike taxi driver account, the company said on Saturday.
The driver's bank account received deposits worth Rs 331.36 crore between August 19, 2024, and April 16, 2025, according to ED officials. This was a classic case of a "mule" account being used to pump dirty money.
A mule account is used to funnel illicit funds generated from financial crimes, and the actual owner is not its user. Such accounts are created using fake or hired KYC, where someone lends their account in lieu of a commission.
The ED officials stumbled upon the Rapido bike driver while investigating the 1xbet online betting-linked money-laundering case.
Rapido said that it is providing the required information to the Enforcement Directorate.
"The individual mentioned is one of the two crore registered captains associated with us for bike taxi ..
Continue reading at Business Standard
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Shoppers, Drawn by Steep Discounts, Power Through Black Friday
GLOBAL NEWS | Sat, 29 Nov 2025, 11:12PM IST
Data on spending this week shows that consumers are shopping big for the holidays despite inflation and economic worries.
Continue reading at The New York Times
1h
Pilgrimage spots fast emerging highlight for travel operators; many packages launched
INDIA BUSINESS | Sat, 29 Nov 2025, 11:03PM IST
Domestic pilgrimages have seen runway growth in the past year, and the year-end is likely to be no different, said industry executives. Notably, a growing number of younger, or Gen Z, travellers are also heading to these destinations for experiencing spirituality, among other activities. Thomas Cook (India) has been witnessing an uptick in pilgrimage tours from Mathura to Udupi and Kashis Vishalakshi to Madurais Meenakshi said Neeraj Singh Dev, executive vice -president and head of ecommerce and short-haul holidays. Pilgrimages are no longer being seen as basic or frugal. Our priority VIP darshans are sold out as of today, he said.
Continue reading at Economic Times
2h
F.D.A. Seeks More Oversight of Vaccine Trials and Approvals
GLOBAL NEWS | Sat, 29 Nov 2025, 9:54PM IST
The agencys top vaccine regulator proposed broad changes, claiming that a new review linked 10 childrens deaths to the Covid vaccine. But public health experts questioned the findings, wanting to examine the data.
Continue reading at The New York Times
3h
Dharmendra: Hindi cinemas quiet, dignified, and important presence
INDIA BUSINESS | Sat, 29 Nov 2025, 9:04PM IST
Dharmendra, a discovered talent, navigated Hindi cinema with quiet dignity, avoiding the spotlight. His career, marked by romances, multi-starrers, and collaborations with Hrishikesh Mukherjee, showcased a unique blend of handsomeness, athleticism, and accessible charm. His grounded wisdom and confidence led to an exceptional success ratio, proving that quiet contribution can yield enduring appreciation.
Continue reading at Economic Times
4h
Indian govt, ADB sign $800 mn loan pacts for key projects in three states
INDIA NEWS | Sat, 29 Nov 2025, 8:48PM IST
The government of India and the Asian Development Bank (ADB) has signed agreements for three loans worth over USD 800 million for projects in Maharashtra, Madhya Pradesh and Gujarat.
Accordingly, the loan agreements for the Maharashtra Power Distribution Enhancement Programme for Agricultural Solarization (USD 500 million), Indore Metro Rail Project (27,147,200,000 yen, equivalent to USD 190.6 million), and Gujarat Skills Development Programme (USD 109.97 million) were signed, a finance ministry statement said on Saturday.
In addition, a Technical Assistance (TA) grant of USD 1 million was also signed to provide implementation support for the upcoming Sustainable Wetland and Integrated Fisheries Transformation (SWIFT) Project in Assam, designed to enhance the state's wetland ecosystems and fisheries.
The Maharashtra project aims to modernise rural power infrastructure, promote distributed renewable energy generation, and improve agricultural productivity by providing farmers with ..
Continue reading at Business Standard
4h
Software updates completed for 80% of affected A320 planes in India: DGCA
INDIA MARKET | Sat, 29 Nov 2025, 8:36PM IST
As many as 338 A320 family aircraft operated by Indian airlines require the software upgrade to address a potential issue related to flight controls and modifications have been carried out in more than half of the affected fleet, according to DGCA ...
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4h
Eyewear retailer Lenskart posts 20% profit gain, eyes $17 billion market
INDIA BUSINESS | Sat, 29 Nov 2025, 8:30PM IST
Eyewear retailer reports strong quarterly results, sees growth driven by first-time users, expanding prescription demand and upcoming smart glasses launch
Continue reading at Business Standard
4h
Donald Trump says consider airspace above and surrounding Venezuela closed
INDIA MARKET | Sat, 29 Nov 2025, 8:05PM IST
"To all airlines, pilots, drug dealers, and human traffickers, please consider the airspace above and surrounding Venezuela to be closed in its entirety. Thank you for your attention to this matter"
Continue reading at Business Standard
5h
Secure Parking eyes 6,000 sites amid rising urban mobility demand
INDIA BUSINESS | Sat, 29 Nov 2025, 8:04PM IST
The Australian company which entered India in 2007 now operates 300 car parks across 40 cities with 6,000 employees. It has been growing at 2530% annually.
Continue reading at The Hindu
5h
India's aviation sector poised for major expansion: Union Minister Jitendra Singh
INDIA BUSINESS | Sat, 29 Nov 2025, 7:56PM IST
He highlighted the key role of institutions like the National Aerospace Laboratories (NAL) in supporting the government's "whole-of-government approach" with strong private-sector participation.
Continue reading at Economic Times
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