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business

finfluencer economy

Sebi bans top finfluencer Avadhut Sathe, seizes ₹546 crore in toughest crackdown yet

Regulator accuses trading academy of masquerading as educator while offering unregistered advisory, live trade calls and “guaranteed return” promises to thousands of retail investors.

Benchmark indices

Sensex and Nifty roar to record highs as India’s market rally returns after 14 months

Bull rally strengthens as earnings optimism, easing global cues and strong institutional positioning drive investor confidence across Dalal Street.

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.