WORLD
Iran's Khamenei stands by mandatory hijab as women increasingly defy dress code
It has been a legal requirement to have a veil mandatorily since the 1979 Islamic revolution, which had replaced the Western-backed monarchy with a theocratic state.
TECHNOLOGY
NTT to invest Rs 2,400 crore for new data center near Bengaluru airport
This investment takes its total current and planned investments in Karnataka to over Rs 4,100 crore
INDIA
The India–Russia arms equation | In Pics
Despite diversification in recent years, Russia remains India’s biggest defence supplier and India remains Russia’s top customer. Here’s how the numbers stack up.
BUSINESS
Reliance Industries and Surrey announce partnership in Oval Invincibles franchise in The Hundred
The partnership follows completion of a deal, which gives the organisations 49% and 51% stakes in the franchise, respectively. Owing to this, the ownership has now been transferred from England and Wales Cricket Board.
BUSINESS
Nitro Asia Holdings picks over 10% stake in National Highways Infra Trust
CPP Investment Board Private Holdings (4) Inc, and 2452991 Ontario each held 25 percent stake in National Highways Infra Trust.
TECHNOLOGY
Karnataka signs MoUs with Coinbase India, Refroid to push cybersecurity, AI
Karnataka's IT minister Priyank Kharge said the partnerships are intended to unlock new economic opportunities, and build technical capability.
PODCAST
Govt drops mandatory Sanchar Saathi pre-installation; Meesho's Valmo edges past Delhivery in order volumes; Ola hits brakes on food delivery; and Yogi's semicon push: Highlights from UP Tech Next Summit | MC Tech3
In today’s Tech3 from Moneycontrol, we break down the government’s rollback of the Sanchar Saathi pre installation plan, Meesho’s Valmo overtaking Delhivery in shipment volumes, and Uttar Pradesh’s aggressive pitch to become India’s semiconductor hub. We also track Ola Foods’ sudden pause in operations amid a broader portfolio rethink, plus a quick update on Pine Labs’ first quarterly numbers post listing.
BUSINESS
Japan's 30-year government bond yield surges to a record 3.43% amidst concerns of possible rate hike
As Japanese yields climb, this could result in institutional investors looking towards moving funds and shift back into safer, better-returning domestic assets, in markets beyond Japan.
BUSINESS
FIIs net sell shares worth Rs 3,207 crore, DIIs net buy Rs 4,730 crore of equities on December 3
DIIs purchased shares worth Rs 17,188 crore and sold shares worth Rs 12,458 crore. In contrast, FIIs bought shares worth Rs 11,135 crore but sold shares totalling Rs 14,312 crore.
INDIA
Lok Sabha passes Bill to levy excise duty on tobacco
The levy of compensation cess was later extended by four years till March 31, 2026, and the collection is being used to repay the Rs 2.69 lakh crore loan that the Centre took to compensate states for the GST revenue loss during the Covid period.
INDIA
Around 200 IndiGo flights cancelled due to pilot shortage, airline issues apology
On Wednesday, multiple airports, including Delhi, Mumbai, Hyderabad, Bengaluru, reported around 200 flight cancellations till the afternoon.
BUSINESS
Walmart-owned Flipkart appoints former Meta executive Dan Neary to company board
Dan Neary has been appointed at a time when Flipkart is preparing to IPO some time next year.
BUSINESS
Central Excise (Amendment) Bill is not new law, no additional tax on tobacco, says FM
"In order to ensure that the incidence is not lower than what it was during GST with the compensation cess, we are bringing this excise. In a way we are saying cigarettes should not become affordable now because incidence has become lesser," she said.
INDIA
CM Rekha Gupta-led committee to monitor pollution in Delhi, domain experts and scientists to be part of panel
The panel will comprise ministers from the Delhi cabinet, representatives from government departments, as well as experts and scientists.
INDIA
Haryana man faces scrutiny after skipping payment for Rs 1.17 crore for fancy vehicle number
The Badhra sub-division in Charkhi Dadri district had fetched the highest bid amount of Rs 1.17 crore for the registration number after the Hisar resident's bid
INDIA
FedEx launches new integrated hub at Bengaluru airport to boost exports
The launch comes as the airport advances plans to nearly double its annual cargo capacity to 1 million metric tonnes, positioning Bengaluru as a critical export gateway
INDIA
'SIR Amit Shah's ploy to capture Bengal, state won't give in': Mamata Banerjee
Addressing a public gathering against SIR in the border district of Malda in north Bengal, Banerjee said the BJP, the CM stated that such plans won't succeed in Bengal.
BUSINESS
Pine Labs Q2 Results: Newly-listed firm back in black with Rs 6 crore net profit; revenue up 18%
Pine Labs Q2 Results: During the July-September quarter, Pine Labs said that it has processed its highest-ever quarterly Gross Transaction Value (GTV) of over $48 billion, and surpassed one million merchants on its platform.
BUSINESS
IndiGo shares settle 2% lower as airline faces flight delays over tech issues
IndiGo has been facing acute crew shortage since the implementation of the second phase of the FDTL norms.
BUSINESS
Indian Railway plans to implement OTP-based window tickets in tatkal in next few days
Indian Railways News: Indian Railways is preparing to shift chart preparation to eight hours before departure—up from the current four-hour window.
INDIA
Calcutta HC rejects order that cancelled appointment of 32,000 teachers in Bengal schools
Following the Teachers Eligibility Test held in 2014, a total of 42,500 primary teachers were appointed. The appointment of 32,000 of them was cancelled by the single bench of the high court.
TRENDS
UP woman dislocates jaw while trying to eat golgappa. Video
As soon as the woman tried to eat a particularly large golgappa, her lower jawbone slipped out of its normal position, leaving her mouth stuck open.
INDIA
MEA officials take note of Op-Ed by 3 envoys ahead of Putin's visit, says 'timing unusual': Report
The MEA officials called the timing of the article "very unusual" and added that it's not an "acceptable diplomatic practice to give public advice on India's relations with a third country"
INDIA
BEML bags fresh contract worth Rs 414 cr from BMRCL for supply of additional trainsets
Bengaluru Metro plans additional Yellow Line trainsets for 4-minute headway; 10-12 more needed for Bommasandra-Attibele extension.
