India's central bank is working on new rules to prevent private equity firms from holding controlling stakes in multiple non-bank lenders. The proposal aims to mitigate potential financial risks stemming from global private equity firms' investments. While larger stakes will attract greater scrutiny, smaller investments are encouraged to support growth in the financial sector. Recent data shows significant foreign investment in non-bank lenders, highlighting strong demand for credit.
The US confirmed the possibility of an unprecedented three-party presidential summit with Russia and China, as President Donald Trump prepares for an Asian tour next week. US Secretary of State Marco Rubio discussed the idea in a phone call with Chinese Foreign Minister Wang Yi on Wednesday, according to the State Department. The meeting would take place alongside the Apec summit in Shenzhen, where Trump is already scheduled to meet Chinese President Xi Jinping. Rubio and Wang “agreed on the...
22, 24 carat Gold prices down across metro cities on November 12
India's product landscape is rapidly transforming, driven by innovative solutions and upgraded offerings that cater to consumer demands. The ET Product of the Year Awards 2026 aims to shine a spotlight on products that have significantly impacted the market, emphasizing their success, user adoption, and overall customer value. Businesses are invited to submit nominations for products that debuted or evolved during the designated period to celebrate their accomplishments.
Nvidia boss Jensen Huang’s admission that he was unfaithful to his wife has become a widely discussed topic around the world, amid allegations linking the woman involved to Chinese intelligence. While many social media users treated the affair as another piece of celebrity gossip, several Chinese professionals working at major Silicon Valley technology companies expressed concerns about its potential implications for their own careers. If the billionaire founder of one of the United States’ most...
The State Government lines up 303 MoUs for ₹9.89 lakh cr investments in CII summit: CM Naidu
Priyanka Gandhi Vadra responded to BJP's criticism of her mother Sonia Gandhi's memoir, calling the accusations false. She emphasized that for years, the BJP and RSS spread lies about her mother without accountability. Vadra mentioned that Sonia Gandhi has the right to share her story and perspective in her book. She expressed satisfaction that people are engaging with the memoir despite the backlash.
India’s retirement planning focuses heavily on money and healthcare but often overlooks the need for continued cognitive stimulation, social connection and a sense of purpose in later life. Drawing on the Saptasopan model and personal experience, the author argues that structured senior-engagement programmes should be scaled through CSR, housing communities, educational institutions and hybrid platforms as part of India’s ageing infrastructure.
