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business

Hyderabad-based entrepreneur Rajive Dhavn

From dropout to CEO to creator: Hyderabad entrepreneur walks away from his ₹15-crore firm to begin again at 39

Rajive Dhavn, who once sold sauces and folded shirts to survive, says his latest leap isn’t a setback — but a deliberate restart.

Apple

Apple breaks layoff shield with targeted cuts to global sales teams amid mounting cost pressures

Targeted layoffs hit enterprise, education and government sales units as Apple moves to tighten operations.

Russian crude

RIL cuts Russian oil to protect EU access and dodge US sanctions in sweeping refinery pivot

India’s biggest fuel exporter rewires its supply chain ahead of Europe’s 2026 ban and US sanctions, signalling a dramatic scale-back of Russian crude dependence.

RBI

RBI unveils emergency lifeline for exporters hit by 50% US tariffs

Moratorium, extended credit cycles and eased norms move fast to prevent a liquidity crunch across trade sectors.

ED

ED arrests Jaypee Infratech MD Manoj Gaur in ₹12,000-crore homebuyer funds laundering scandal

Investigators allege massive diversion of money meant for housing projects; Enforcement Directorate seizes cash, documents, and digital records in multi-city raids.

Reliance Group chairman Anil Ambani

ED summons Anil Ambani again as loan fraud probe intensifies

The Reliance Group chairman has been called for a second round of questioning on November 14 as investigators track alleged multi-crore fund diversion, evergreening of loans and mounting unpaid dues.

gst

GST cuts spark festive boom: Bank credit doubles as India’s spending spree powers post-monsoon surge

Lower taxes, soaring consumer confidence, and festival offers drive record growth in retail loans and demand for vehicles, homes, and white goods.