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Get the appGetThe Indian rupee has strengthened, rising 14 paise to 94.61 against the US dollar in early trade, supported by equity inflows and a weakening US dollar. The Reserve Bank of India's measures to ease forex demand have also contributed to the currency's rebound. The rupee settled 9 paise higher at 94.75 against the US dollar, reflecting relative calm amid underlying market anxieties.
Forex Factory·
BusinessPhoto: Amar BusinessDespite a 12% drop in gold prices over the past six months, investor interest in Gold ETFs has surged. In October, Assets Under Management (AUM) for Gold ETFs crossed ₹1.91 lakh crore. Top-performing funds have delivered over 30% returns, highlighting the growing preference for Gold ETFs and their benefits among investors.
Amar Business·
BusinessPhoto: NDTV TechCryptocurrency traders have faced backlash for launching memecoins named after Spanish footballer Jesús de Miguel, who recently died at age 30. Screenshots on X showed tokens called MIGUEL promoted alongside news and photos of the striker. The posts sparked ethical debates about profiting from personal tragedies in crypto. A similar controversy followed the 2025 killing of US activist Charlie Kirk, with tokens using his name on Solana.
NDTV Tech·
SportsPhoto: News18Hi SportsIn the first ODI against New Zealand, Indian captain Shubman Gill praised fast bowler Anshul Kumble for his excellent performance, saying Auckland conditions suited him well. India won the rain-affected match by five wickets, taking a 1-0 lead in the five-match series. Pacers Arshdeep Singh, Gurnoor Brar, and Anshul Kumble took nine wickets together to bowl out New Zealand for 185 in 40.2 overs.
News18Hi Sports··Auckland
BusinessPhoto: Mint MarketsAxis Direct recommends buying shares of Nuvama Wealth Management, BEML, and Petronet LNG in November due to improving technical momentum. The target price ranges are ₹2,166–₹2,349 for Nuvama, ₹2,335–₹2,495 for BEML, and ₹329–₹349 for Petronet. Stop-loss levels are set at ₹1,599, ₹1,835, and ₹275 respectively, with potential upside of up to 27%.
Mint Markets·
PoliticsPhoto: News18 WorldIndian-origin Los Angeles City Councilwoman Nithya Raman's chances of becoming mayor surged to 98.4% on prediction platform Kalshi after she moved ahead of incumbent Karen Bass in vote counts. Raman secured 51% of votes (373,161) against Bass's 49% (358,553) with 62.1% counted. The race remains too close to call amid sharp attacks between the two former allies turned rivals.
News18 World··Los Angeles
Forex Factory·
The Indian rupee has strengthened, rising 14 paise to 94.61 against the US dollar in early trade, supported by equity inflows and a weakening US dollar. The Reserve Bank of India's measures to ease forex demand have also contributed to the currency's rebound. The rupee settled 9 paise higher at 94.75 against the US dollar, reflecting relative calm amid underlying market anxieties.
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