Capital of Maharashtra, financial nerve of India
Cred’s leadership shift and Meta’s $900 million investment strengthen WhatsApp’s push into payments and business services. Kunal Shah departs Cred to lead WhatsApp; Miten Sampat becomes interim WhatsApp chief strategy officer as Cred scales toward an IPO.
Two reviews of Abir Mukherjee’s The Pinnacle and Robert J Harris’s Crescendo (plus other titles) chart crime, power and celebrity in modern Mumbai and classic Hollywood. The Guardian and The Scotsman assess a city’s glitter and grit through money, influence and murder.
Global personal luxury goods sales are forecast to grow 2%–4% in 2026, reaching about €365–€373 billion. The Americas drive the rebound, with U.S. demand leading growth; China and Europe show uneven recovery amid geopolitical tensions. Experiential luxury and new spending patterns are reshaping the market.
Across a string of European and U.S. outlets, regional burger and sandwich chains are gaining ground on giants as consumers chase value, quality, and customizable experiences. Dame in New York exemplifies a modern British dining wave, while US outlets highlight ongoing shifts in fast food and casual dining.
Flood risk maps are being challenged as climate change drives more extreme rainfall. New analyses show FEMA maps underestimate flood risk in less-populated areas, while private models indicate substantially higher exposure, prompting calls for updated nationwide mapping.
WhatsApp has begun reserving usernames to replace phone numbers for contact, a move the company frames as a privacy feature. Several countries are scrutinising the plan as regulators warn of potential rises in fraud and impersonation. The rollout is to be gradual this year, with high-profile handles reserved to prevent abuse.
SBI Funds Management has drawn bid interest worth 2.97 trillion rupees for its IPO, oversubscribing by 41.6 times. The firm, a SBI-Amundi joint venture, has raised up to 116.9 billion rupees and aims to be India’s leading fund manager. The market response underscores continued liquidity for large public offerings despite a softer year for listings.
Fifteen Indian tourists have died after a speedboat overturned near Hon May Rut Ngoai island off Phu Quoc. The boat carried 32 Indians and four Vietnamese crew. The captain is under investigation for safety violations. Survivors have been hospitalised; 16 have been discharged and one remains in critical care. A flight carrying remains to Mumbai is scheduled for today, with home states coordinating onward travel.
Monsoon floods have struck Nuristan, Afghanistan, damaging Parun and surrounding areas. Authorities report dozens dead, hundreds missing or injured, as forecasters warn of more heavy rainfall. Rescue teams are struggling amid rugged terrain and limited infrastructure; international aid agencies are mobilising.
Linus Torvalds has publicly backed AI-assisted code reviews as a pragmatic tool for Linux, while the broader community weighs automated bug reporting and safety concerns. Rust is gaining traction for safer kernel code, and maintenance workflows are adapting to AI-driven inputs amid ongoing release cadence.
Protests across major Indian cities have intensified as activists demand the education minister’s resignation and systemic reforms after a paper-leak crisis that affected millions of students. Sonam Wangchuk has ended his hunger strike but the movement continues with calls for accountability and compensation for families.
The latest data show widespread rainfall well above long-term averages across a majority of states, with satellite imagery indicating dense cloud cover over almost the entire nation in the past week. The pattern follows a period of extreme variability in rainfall this season.
Brent crude has fallen about 8–9% to below $88–$92 a barrel after prices briefly topped $100 last week. The drop follows pauses in US–Iran strikes and reports that both sides have halted attacks to allow diplomacy. Markets remain volatile because shipping through the Strait of Hormuz and the Red Sea is still disrupted and analysts warn supply risks and inflationary pressure persist.
A growing student-led movement in India, sparked by alleged exam leaks, is expanding beyond the initial grievance to challenge unemployment, economic prospects, and government responsiveness. Police crackdowns persist as thousands occupy streets in Delhi and other cities.
Protests across New Delhi and other cities have intensified after a string of exam paper leaks. Education Minister Dharmendra Pradhan has resigned following mass youth-led demonstrations led by the Cockroach Janta Party (CJP). The government pledges fast-track courts to punish leaks as protesters demand systemic reforms and compensation for victims’ families.
India's education minister, Dharmendra Pradhan, has resigned after weeks of nationwide protests led by the youth-led Cockroach Janta Party (CJP). Tens of thousands of students have protested exam paper leaks and police violence at Jantar Mantar; CJP has suspended its agitation after government assurances but reports of detentions in Assam, West Bengal and Bihar continue.
Gen Z-led protests over medical exam leaks have compelled India’s education minister to resign. The Cockroach Janta Party has galvanized a nationwide movement pressing for accountability and reforms. The government has conceded some demands, while protests continue to shape political dynamics.
The Hungarian Parliament confirms Andr?s Baka as transitional president, as the ruling party pursues a sweeping constitutional overhaul that tightens control over media and judiciary. The move comes after Tisza-led reforms dismantle Orbán-era institutions and set the stage for a new constitutional order.
Chandrasekaran has stepped down from Tata Sons, citing unresolved board approval for a five-year extension. The move comes as Tata Trusts press for disciplined capital allocation amid losses in Air India, Tata Digital and Tata Electronics, and as investors respond to leadership uncertainty across the Tata Group.
Festivalgoers in Buñol throw tomatoes in a crowded melee that lasts about an hour, with police dispersals using pepper spray briefly. The event traces back to a 1945 food fight and has evolved into a major international attraction, drawing participants from around the world. Attendance exceeds 20,000 as tourists from India and beyond participate.
Smriti Mandhana has become the all-time leading run-scorer in women’s international cricket after a 124-run century for India against Hong Kong in the Women's Asia Cup, lifting India to 193-5 before dismissing Hong Kong for 56 and sealing a 137-run victory. Raj calls her a legend and role model; Mandhana’s 18th international century surpasses Meg Lanning’s 17.
Salman Rushdie has been named the 39th recipient of the National Book Foundation’s Distinguished Contribution to American Letters award. The ceremony in Manhattan on Nov. 18 will also honor Perri Klass with the Literarian Award. Rushdie, who has built a career across South Asia, London and New York, has published more than 20 works and survived the 2022 stabbing attack.
OpenAI has launched ChatGPT for Financial Services, integrating data from Daloopa, PitchBook and LSEG News into GPT-6 Astra to assist analysts with research, data analysis and pitchbook creation. The offering is designed for banks and financial institutions and ties into the company’s IPO drive.