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GLOBAL NEWS | Sat, 15 Nov 2025, 1:53AM IST A gene therapy for Duchenne muscular dystrophy caused complications to the liver, prompting a review of its use for younger patients.

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10m

GLOBAL NEWS | Sat, 15 Nov 2025, 12:56AM IST The chief of the companys U.S. business, John Furner, will take over on Feb. 1.

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1h

INDIA BUSINESS | Sat, 15 Nov 2025, 12:50AM IST The renowned department store chain, Lifestyle, is on a mission to expand its presence across India by launching 12 to 14 new locations annually. Yet, the journey might encounter obstacles in the coming year, primarily due to a slowdown in the establishment of new premium malls by leading real estate players.

Continue reading at Economic Times

1h

GLOBAL NEWS | Sat, 15 Nov 2025, 12:46AM IST Under the plan, the company will dissolve and its owners, members of the Sackler family, will pay as much as $7 billion of their personal fortune to states, localities, tribes and others harmed in the opioid crisis.

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1h

INDIA BUSINESS | Sat, 15 Nov 2025, 12:41AM IST Tata Motors questioned proposals to redefine small cars by introducing weight as a criterion, arguing there's no justification for altering fuel efficiency norms or offering concessions. The company stated that encouraging lighter vehicles could compromise safety standards and undermine industry progress in protection. Tata Motors affirmed its ability to meet existing CAFE norms without special treatment.

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1h

INDIA BUSINESS | Sat, 15 Nov 2025, 12:37AM IST In October, the Indian automotive market hit an all-time high, with passenger vehicle wholesales climbing an impressive 17 percent. Two-wheeler sales followed suit, experiencing notable growth. This surge was fueled by vibrant festive shopping and a reduction in GST rates.

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1h

INDIA NEWS | Sat, 15 Nov 2025, 12:34AM IST Toy exporters may have had a strong start in this financial year, thanks to early festive shipments and front-loading by US buyers, but they are now forced to slash prices and redesign packaging as orders continue to slump with the buyers turning to other markets following imposition of 50% tariff by the US."Toy orders from the US for the next festive season, which we usually receive by October-November, are down by 50% this year as customers are shifting to China or other countries," said Amitabh Kharbanda, governing body member, Toy Association of India. The majority of festive, carnival or other entertainment articles are usually exported during April-August, ahead of the festive season in the US. Exports to the US, the top recipient of such goods, amounted to $64.5 million in the April-August period, achieving within five months of this fiscal 78% of the shipments worth $82.3 million in the entire 2024-25. 125335689 In the first five months of this fiscal, India's shipments of festive, carnival and other entertainment articles increased 4% year-on-year to $101.9 million. Overall, exports of toys, games and sports requisites increased 8.9% to $302.6 million in April-August against $277.8 million a year ago. The US imposed 25% tariffs on Indian products from August 1 and doubled the levy from August 27 due to India's purchases of Russian crude oil."Toy shipments for the US festive season typically begin in April. Following the 145% tariff on Chinese toys, customers front-loaded their orders, resulting in strong volumes in the first half of the year. However, the subsequent 50% tariff on Indian imports slowed new orders in the latter half," said KA Shabir, CEO, Funskool India. Advance buying earlier in the year has helped offset the current slowdown. Shabir said "we expect to close the year with marginal single-digit growth over last year".Kharbanda said toymakers have begun shifting toward simpler packaging, fewer features and smaller toys to absorb some of the increase in cost due to the tariff. "We have had to make some changes in the toys because clients are asking for additional discounts and the absence of that may lead to business moving to Vietnam," said a Delhi-based exporter of toys.

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1h

GLOBAL NEWS | Sat, 15 Nov 2025, 12:28AM IST A Biden-era rule, now halted, would have forced airlines to pay passengers up to $775 in cash for significant flight disruptions.

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1h

INDIA NEWS | Sat, 15 Nov 2025, 12:17AM IST Brookfield is one of the world's largest investors in renewable power, with about 46 gigawatt (GW) of installed capacity and a development pipeline of approximately 200 GW

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1h

INDIA BUSINESS | Sat, 15 Nov 2025, 12:16AM IST Deriving acceptable rates of inflation that are consistent with growth prospects and macro conditions is worth undertaking

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1h

INDIA BUSINESS | Sat, 15 Nov 2025, 12:05AM IST Direct-to-home firm Dish TV India Ltd on Friday reported a widening of its consolidated net loss to Rs 132.65 crore in the September quarter of FY26 on account of a rise in alternative entertainment options, inflationary pressures, and currency depreciation. The company had reported a net loss of Rs 37.38 crore in the July-September quarter a year ago, according to a regulatory filing from Dish TV. Its revenue from the operation slipped 27.41 per cent to Rs 291.13 crore in the September quarter. The same was Rs 395.62 crore in the corresponding quarter. Dish TV "EBITDA for 2Q FY26 stood at Rs 31.8 crore, a decrease of 77.9 per cent year-over-year," the company said in its earnings statement. "The decline in EBITDA was primarily due to the rise of alternative entertainment options, inflationary pressures, and currency depreciation. However, the company is confident that its new initiatives will begin to yield results in the coming quarters," it said. Total expenses of Dish TV were

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1h

INDIA BUSINESS | Sat, 15 Nov 2025, 12:01AM IST City-based drone maker ideaForge Technology Ltd on Friday said it has secured a supply order worth about Rs 100 crore from the Indian Army for its next-generation tactical unmanned vehicle Zolt and all-terrain VTOL drone, SWITCH 2. The capital emergency procurement order for its Zolt is valued around Rs 75 crore, following an extensive and rigorous evaluation process -- extensive field trials in electronic warfare (EW) environments and stringent country of origin checks, while the SWITCH2 order is valued at Rs 30 crore, ideaForge said. The company had launched the two UAVs at the Aero India show in Bengaluru earlier this year. Zolt is a multi-role platform capable of long-range ISR (intelligence, surveillance and reconnaissance) and precision payload delivery, and is purpose-built for present-day defence operations, combining performance, autonomy, and resilience for ISR while SWITCH 2 is already battle tested and inducted into the Army's arsenal for ISR operations, ideaForge ...

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2h

GLOBAL NEWS | Fri, 14 Nov 2025, 11:26PM IST Jobs and inflation data will be released late and with caveats, complicating the Federal Reserves interest rate deliberations.

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2h

INDIA NEWS | Fri, 14 Nov 2025, 11:21PM IST Food prices fall sharply in October, pulling WPI to -1.21 percent

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2h

INDIA NEWS | Fri, 14 Nov 2025, 11:08PM IST Rejecting industrialist Anil Ambani's request for a virtual appearance in an ongoing FEMA investigation, the Enforcement Directorate (ED) has issued fresh summons asking him to appear before the agency on Monday.Earlier in the day, Ambani's spokesperson said the industrialist had asked the federal agency to allow him to join the proceedings via "virtual means". The ED had called him for questioning on Friday, but he did not appear.The spokesperson added that Ambani has written to the agency assuring "full co-operation" in the Foreign Exchange Management Act (FEMA) probe.The investigation centres on the Jaipur-Reengus Highway Project, where authorities suspect about 100 crore was transferred overseas through illegal channels.According to Ambani's spokesperson, the FEMA case dates back to 2010 and involved "a purely domestic contract with no foreign exchange component whatsoever".The statement also said the JR Toll Road project had been fully completed and has been with the National Highways Authority of India (NHAI) since 2021.It added that "Anil D Ambani is not a member of the board of Reliance Infrastructure". He served as a non-executive director between April 2007 and March 2022 and "was never involved in day-to-day management".Earlier this week, the ED made a third arrest in its money-laundering probe linked to an alleged multi-thousand-crore loan fraud involving the Reliance Anil Dhirubhai Ambani (ADA) Group.

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2h

INDIA MARKET | Fri, 14 Nov 2025, 11:05PM IST The Congress posted its second-weakest performance in the Bihar Assembly elections after 2010

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2h

GLOBAL NEWS | Fri, 14 Nov 2025, 10:41PM IST The exit by RedBird Capital Partners comes months after it agreed to buy control of the media company in a deal that valued it at $658 million.

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3h

INDIA NEWS | Fri, 14 Nov 2025, 10:36PM IST Indian travellers visiting Malaysia will soon be able to pay local merchants directly through their usual UPI apps, following a partnership between Razorpays Malaysian entity, Curlec, and NPCI International Payments Limited (NIPL). The agreement, finalised at the Global Fintech Fest 2025, enables instant transactions in Malaysian Ringgit without the need for international cards. The introduction UPI payments mark a significant step in expanding Indias digital payment infrastructure abroad. For Malaysian merchants, Razorpay Curlec will provide local settlement in Ringgit through its platform, allowing businesses to accept UPI payments without additional integrations.The collaboration aims to make cross-border payments simpler for Indian visitors and strengthen digital connectivity between India and Malaysia. With travel between the two countries rising, the partnership offers a familiar, low-friction payment method to Indian tourists and opens new revenue opportunities for Malaysian businesses.According to Razorpay, Indian tourism to Malaysia crossed one million visitors in 2024, with spending rising more than 70% from the previous year. The company said the new payment route aims to reduce cash reliance, lower foreign exchange costs, and improve acceptance for both travellers and merchants. The initiative builds on Indias expanding real-time payments ecosystem. UPI processed around 20 billion transactions in September 2025, and through Curlec, Razorpay plans to extend this scale to international markets by offering a trusted, real-time payment method across borders.

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3h

GLOBAL NEWS | Fri, 14 Nov 2025, 10:32PM IST When prosecutors accused Charlie Javice of fraud, JPMorgan was forced to pay for her defense. The bank is not happy about her shocking spending.

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3h

INDIA BUSINESS | Fri, 14 Nov 2025, 10:20PM IST Brainbees Solutions, parent of children's retailer FirstCry, posts a 10% year-on-year revenue increase and reduces losses by 20% for the quarter ending September 2025

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3h

INDIA BUSINESS | Fri, 14 Nov 2025, 10:16PM IST These measures include moratorium on all repayments, starting from September 1, 2025 till December 31, 2025. The last time RBI has allowed banks to give a similar moratorium was during the pandemic in 2021.

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