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Last updated on 3 Nov,2025 06:17 AM
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- ‘Dumb money is chasing dumb IPOs’: Shankar Sharma on India's public markets amid Lenskart buzzVeteran investor Shankar Sharma slams India's IPO market as the "dumbest in history," citing Lenskart's pre-IPO activity. He alleges a "beautiful little game" where anchor investors create artificial legitimacy, causing inflated valuations. Sharma claims that companies exploit retail investors' anchoring bias, causing stocks to collapse post-listing, only for investors to be trapped again.
- Trump tariffs trigger 37.5% drop in Indian exports, alarm bells ring across key sectorsAs exporters struggle to stay afloat, the message is clear -- India’s trade resilience will depend on how quickly it adapts to shifting global trade realities and recalibrates its strategy to protect its most competitive sectors.
- The $500 Million Question: How a missing Indian-origin CEO tricked BlackRock for four yearsBlackRock's investment arm is reportedly caught in a massive financial scandal. Bankim Brahmbhatt, CEO of Broadband Telecom and Bridgevoice, is accused of creating fake invoices and customer accounts. This deception allegedly left his companies owing over $500 million. Brahmbhatt has reportedly disappeared, and his companies have filed for bankruptcy. Lenders claim assets were transferred offshore. Investigations are ongoing.
- London Mass Stabbing: 10 injured, nine critical after knife attack on Doncaster–King’s Cross trainLondon Doncaster King's Cross Stabbing: A mass stabbing on an LNER train from Doncaster to King's Cross resulted in ten hospitalizations, nine with life-threatening injuries. Police declared a major incident, with counter-terrorism officers assisting the investigation. Two men were arrested at Huntingdon station after the train made an emergency stop.
- Previous govts compromised national security for politics: PM ModiPrime Minister Narendra Modi has called for the removal of all illegal infiltrators from India. He stated that for decades, infiltrators have seized resources and disrupted the nation's unity. Modi criticized past governments for ignoring this issue for vote-bank politics. He emphasized that the country is now committed to a decisive battle against this threat.
- Portugal doubles citizenship timeline: Lisbon citizenship moat turns HNIs to friendlier climesPortugal has doubled the time for foreigners to get citizenship to ten years. This impacts wealthy Indians seeking EU passports. Europe's attitude towards investment migration is changing. Experts note a more complex path for global investors. Indian high-net-worth individuals are now looking for other countries. This shift affects investment plans and capital.
- GST collections rise 4.6% to Rs 1.96 lakh crore in October despite tax cutsGoods and Services Tax collections saw a 4.6% increase in October, reaching Rs 1.96 lakh crore. This growth indicates robust economic activity and consumer spending during the festive season. Net tax collections after refunds also showed a marginal rise.
- Investors race for next big wins in India’s $5.4-tn market amid AI gold rushGlobal tech leaders are investing heavily in India's artificial intelligence infrastructure. This surge in funding is creating significant opportunities for local companies. Investors are identifying firms that will benefit from the build-out of essential facilities. Data center investments are projected to exceed $100 billion by 2027. This development is expected to boost the power sector and related equipment manufacturers.
- LVM3-M5 launch: ISRO shoots off India’s heaviest communication satellite on ‘Bahubali’India's space ambitions received a significant boost with ISRO's launch of its heaviest satellite, the 4,410 kg GSAT-7R, aboard the LVM3-M5 rocket. This mission is crucial for enhancing the Indian Navy's communication capabilities and maritime domain awareness across the Indian Ocean Region.
- Billions lost, factories stalled, trust broken: The real price of cybercrime in 2025In a world increasingly dependent on digital infrastructure, cyberattacks are wreaking havoc and shaking the very foundations of global commerce. High-profile companies like Jaguar Land Rover and Marks & Spencer have suffered devastating financial losses, underscoring the reality that AI tech is now wielded by hackers and defenders alike.
- 'Modi's lasting legacy will be the end of vote-bank politics': Berjis DesaiA new book, 'Modi's Mission', details Prime Minister Narendra Modi's journey. It highlights his transformation of the BJP into a party focused on welfare and inclusivity. The book covers his early life, his rise within the party, and his premiership. Modi's initiatives are presented as key to positioning the BJP as a party for the poor.
- India's military drill underway, Pakistan issues parallel warningIndia's major military exercise 'Trishul' is currently underway in the Arabian Sea. Pakistan has issued a parallel navigation warning for naval firing drills in the same area. This exercise involves warships, combat aircraft, and troops, focusing on integrated missions. Rajnath Singh recently cautioned against any misadventure from across the border.
- Tribal daughters can’t inherit ancestral property under Hindu Law, must follow tribal customs: Supreme CourtThe Supreme Court ruled that tribal daughters in Scheduled Tribes are not governed by the Hindu Succession Act, 1956, and must follow customary tribal laws for inheritance. This decision overturned a Himachal Pradesh High Court order that allowed tribal daughters to inherit under Hindu law, aiming to prevent exploitation. Read more.
- Srikakulam stampede: 9 people killed after stampede at Venkateshwara Temple in Andhra PradeshTen people were killed and two injured in a stampede at the Venkateshwara Temple in Srikakulam district, Andhra Pradesh, on Saturday, after heavy crowds gathered for Ekadashi celebrations. The incident occurred around 11:30 am as overcrowding led to chaos inside the temple premises.
- FPIs pump Rs 12,206 crore into Indian bonds in October amid relatively stable rupee, Fed rate cutOverseas funds injected ₹12,206 cr into Indian sovereign bonds in October, driven by a stable rupee and US Federal Reserve rate cuts. Foreign investors increased purchases on days of reported central bank currency intervention and after the Fed's policy move, boosting local debt returns.
- If police is removed for one day, farmers will thrash BJP leaders in Gujarat, says Arvind KejriwalArvind Kejriwal, the leader of the Aam Aadmi Party, has voiced strong sentiments about the discontent among Gujarat's farmers towards the ruling BJP. He warned that without police protection, BJP officials could face a backlash. He confidently anticipated the party's decline in Gujarat.
- Xi delivers veiled warning to nations not to take the US' sideAt an Asia-Pacific summit, China's Xi Jinping urged nations to boost trade and investment, implicitly cautioning against reducing reliance on Chinese supply chains. He championed "extending chains" over "breaking chains," while also condemning protectionism and "unilateral bullying." This comes after China's recent rare earth export control proposal, which raised global concerns.
- Berkshire Hathaway sold another $6 billion in stocks. What does it signal about current markets?Buffett's Berkshire Hathaway continues to signal market caution, selling more stocks than it bought for the 12th consecutive quarter, swelling its cash pile to a record $381.7 billion. Despite strong operating profits, the company's sustained defensive stance and lack of share buybacks suggest limited near-term upside, even as Warren Buffett prepares to step down as CEO.
- Why India's gyms are struggling to stay in shapeIndian gyms are struggling as membership renewals are dropping significantly. Rising operational costs, overcrowding, and the convenience of home workouts are impacting business. Many individuals now prefer personal trainers who offer flexible sessions. This shift presents a major challenge for the fitness industry, forcing gyms to adapt or face closure.
- Bihar election 2025: Modi afraid of Trump, also controlled by 'select industrialists', alleges Rahul GandhiBihar election 2025: Rahul Gandhi criticized Modi during a rally in Bihar. He alleged the Prime Minister fears US President Donald Trump and is influenced by select industrialists. Gandhi promised that the INDIA alliance would form the government in Bihar and establish a university comparable to Nalanda University. He also accused Modi of diverting youth attention from unemployment issues.
- ‘Dumb money is chasing dumb IPOs’: Shankar Sharma on India's public markets amid Lenskart buzzVeteran investor Shankar Sharma slams India's IPO market as the "dumbest in history," citing Lenskart's pre-IPO activity. He alleges a "beautiful little game" where anchor investors create artificial legitimacy, causing inflated valuations. Sharma claims that companies exploit retail investors' anchoring bias, causing stocks to collapse post-listing, only for investors to be trapped again.
- US’ Golden Gate move signals a likely shift in India strategyThe US has granted India a six-month sanctions waiver for its operations at Iran's Chabahar Port, a move seen as a strategic concession amidst ongoing trade deal negotiations. This extension supports India's regional connectivity plans, particularly its gateway to Afghanistan and Central Asia, signaling Washington's willingness to accommodate New Delhi's geopolitical interests.
- RSS should be banned; PM Modi 'insulting' Sardar Patel's legacy: Mallikarjun KhargeCongress president Mallikarjun Kharge voiced his personal view that the RSS should be banned. He linked the organization to law and order problems in India. Kharge also accused Prime Minister Narendra Modi of disrespecting Sardar Vallabhbhai Patel's legacy. He cited Patel's past criticism of the RSS following Mahatma Gandhi's assassination.
- India at advanced stages of trade talks with both EU and US: Piyush GoyalIndia is nearing trade agreements with the European Union and the United States. Meanwhile, Indian products face substantial import duties in the US. These tariffs, totaling fifty percent, have been described as unfair by New Delhi. Discussions are ongoing to resolve these trade matters.
- Air India seeks Rs 10,000 crore lifeline from SIA and Tata: ReportAir India is reportedly seeking at least 100 billion rupees ($1.14 billion) in financial support from its owners, Singapore Airlines and Tata Sons. This request follows a deadly crash in June and aims to overhaul the carrier's systems, services, and in-house engineering capabilities. The funding decision, whether a loan or equity, will be proportional to ownership stakes.
- Clear vision! How Lenskart founder Peyush Bansal made Rs 1,500 crore profit in 3 months just before IPOLenskart founder Peyush Bansal secured a substantial profit of Rs 1,500 crore just before the company's IPO. He acquired shares at a low price and saw their value surge significantly. Bansal will sell some shares during the IPO, earning over Rs 800 crore. His remaining stake is valued at over Rs 6,200 crore.
- Lenskart IPO quotes 235 times P/E multiple: Here's all you must knowLenskart's IPO is here, seeking a high valuation. The eyewear giant shows impressive growth and profitability. Its strong market position and innovative model are key strengths. Investors are weighing the premium price against future potential. The company aims for significant expansion in India and globally. This IPO could be a major consumer-tech success story.
- The $500 Million Question: How a missing Indian-origin CEO tricked BlackRock for four yearsBlackRock's investment arm is reportedly caught in a massive financial scandal. Bankim Brahmbhatt, CEO of Broadband Telecom and Bridgevoice, is accused of creating fake invoices and customer accounts. This deception allegedly left his companies owing over $500 million. Brahmbhatt has reportedly disappeared, and his companies have filed for bankruptcy. Lenders claim assets were transferred offshore. Investigations are ongoing.
- MK Stalin tells BJP, PM Modi to give up ''doing cheap politics'' eyeing electoral mileageTamil Nadu Chief Minister MK Stalin has strongly condemned Prime Minister Narendra Modi. Stalin accused Modi of engaging in 'cheap politics' by alleging that DMK members harassed workers from Bihar in Tamil Nadu. The Chief Minister urged the Prime Minister to cease making divisive remarks targeting Tamils for electoral gain.
- London Mass Stabbing: 10 injured, nine critical after knife attack on Doncaster–King’s Cross trainLondon Doncaster King's Cross Stabbing: A mass stabbing on an LNER train from Doncaster to King's Cross resulted in ten hospitalizations, nine with life-threatening injuries. Police declared a major incident, with counter-terrorism officers assisting the investigation. Two men were arrested at Huntingdon station after the train made an emergency stop.
- After nearly 40 years, Supreme Court clears late Railway TTE of Rs 50 bribery charge that cost him his job, honour, and peace of mindAfter 37 years, the Supreme Court cleared a deceased railway ticket examiner of bribery charges, ruling there was no conclusive evidence. The court restored his honor and directed that all consequential monetary benefits, including pension, be released to his legal heirs, ending a long legal battle for his family.
- If police is removed for one day, farmers will thrash BJP leaders in Gujarat, says Arvind KejriwalArvind Kejriwal, the leader of the Aam Aadmi Party, has voiced strong sentiments about the discontent among Gujarat's farmers towards the ruling BJP. He warned that without police protection, BJP officials could face a backlash. He confidently anticipated the party's decline in Gujarat.
- Previous govts compromised national security for politics: PM ModiPrime Minister Narendra Modi has called for the removal of all illegal infiltrators from India. He stated that for decades, infiltrators have seized resources and disrupted the nation's unity. Modi criticized past governments for ignoring this issue for vote-bank politics. He emphasized that the country is now committed to a decisive battle against this threat.
- US signs 10-year defence framework with India, says military ties with New Delhi ‘never been stronger’The United States and India have signed a 10-year defence framework to strengthen coordination, information sharing, and technology cooperation, U.S. Defence Secretary Pete Hegseth announced after meeting Indian Defence Minister Rajnath Singh in Kuala Lumpur.
- Jemimah Rodrigues steers India into Women’s World Cup Final with unbeaten 127 against mighty AussiesJemimah Rodrigues' unbeaten 127 powered India to a stunning semi-final victory over Australia, securing their place in the Women's World Cup final. Her composed chase, alongside Harmanpreet Kaur's 89, anchored India's successful pursuit of 339, marking a significant achievement in the tournament.
- Bihar elections 2025: NDA releases joint manifesto, promises jobs to 1 crore youthThe National Democratic Alliance released its 'Sankalp Patra' for the Bihar Assembly elections, with key leaders present. Meanwhile, the Mahagathbandhan, led by RJD and Congress, unveiled its manifesto promising government jobs for every family. Voting for the 243-seat assembly is scheduled for November 6 and 11, with results on November 14.
- Portugal doubles citizenship timeline: Lisbon citizenship moat turns HNIs to friendlier climesPortugal has doubled the time for foreigners to get citizenship to ten years. This impacts wealthy Indians seeking EU passports. Europe's attitude towards investment migration is changing. Experts note a more complex path for global investors. Indian high-net-worth individuals are now looking for other countries. This shift affects investment plans and capital.
- GST collections rise 4.6% to Rs 1.96 lakh crore in October despite tax cutsGoods and Services Tax collections saw a 4.6% increase in October, reaching Rs 1.96 lakh crore. This growth indicates robust economic activity and consumer spending during the festive season. Net tax collections after refunds also showed a marginal rise.
- LVM3-M5 launch: ISRO shoots off India’s heaviest communication satellite on ‘Bahubali’India's space ambitions received a significant boost with ISRO's launch of its heaviest satellite, the 4,410 kg GSAT-7R, aboard the LVM3-M5 rocket. This mission is crucial for enhancing the Indian Navy's communication capabilities and maritime domain awareness across the Indian Ocean Region.
- Rabri: People want Tejashwi Yadav as CMIn a fervent expression of hope, Rabri Devi, a prominent RJD figure and former Chief Minister of Bihar, carries the conviction that her son, Tejashwi Yadav, is poised to step into the Chief Minister’s shoes.
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