Indian stock markets came under pressure as sustained foreign institutional investor (FII) outflows and volatile global cues triggered a broad-based decline across sectors. Benchmark indices slipped amid weakness in banking, IT, and consumer stocks, reflecting a shift in investor sentiment driven by rising global bond yields and a stronger U.S. dollar. Domestic institutions provided some support, but their inflows were insufficient to counterbalance foreign selling.

Bajaj Auto is intensifying its presence in India’s fast-growing electric mobility market with the nationwide expansion of its Riki e-rickshaw to 200 cities. The company aims to leverage the surge in demand for efficient, low-cost last-mile transportation while strengthening its sales and service ecosystem across urban and semi-urban regions. The strategic rollout reflects Bajaj Auto’s ambition to secure a stronger foothold in the electric three-wheeler segment, a category that continues to outpace other EV segments in adoption.

Excelsoft Technologies, a longstanding player in India’s education technology sector, is preparing to debut on the public markets, marking one of the most closely watched IPOs in the digital learning space. The offering is expected to draw strong interest from investors who have shown renewed confidence in profitable, enterprise-focused edtech companies. With a diversified product suite spanning learning management systems, assessment platforms, and digital content solutions, Excelsoft aims to leverage the capital markets to scale operations and expand globally.

India is considering a transformative change in its air travel refund framework, exploring a proposal that would allow passengers to recover up to 80% of their airfare even when cancelling tickets at the last minute. The initiative involves embedding a low-cost insurance component directly into ticket prices, ensuring that travelers do not need to purchase add-on coverage. The plan, which could take shape in the coming months, aims to bring predictability, fairness and consumer protection to a sector long criticized for opaque refund rules and steep penalties.

Tata Power has secured the mandate to develop the 1,125 MW Dorjilung Hydropower Project in Bhutan, marking a major milestone in India-Bhutan energy cooperation. The project is poised to strengthen regional power security, expand clean energy capacity, and deepen cross-border infrastructure partnerships. As India pushes to enhance renewable energy generation and Bhutan continues leveraging hydropower as a driver of economic growth, the Dorjilung initiative represents a strategic win for both nations.

A U.S. bankruptcy court has issued a sweeping default judgment exceeding US$1 billion against Byju Raveendran, founder of India’s once-celebrated edtech giant Byju’s. The ruling stems from a protracted legal dispute involving the company’s U.S. financing arm and allegations of diverted loan proceeds. The court found that Raveendran repeatedly failed to comply with discovery obligations and earlier contempt orders, prompting the unusually severe default ruling.

The Indian rupee is once again confronting significant downward pressure as global monetary tightening, persistent trade imbalances, and uneven capital inflows converge to weaken the currency. A stronger U.S. dollar, combined with India’s heavy import dependence and subdued exporter hedging, has contributed to a widening gap between foreign-exchange demand and supply. Despite assurances from the Reserve Bank of India (RBI) that it does not defend any predetermined exchange-rate level, its growing interventions highlight the heightened volatility in the currency market.

India’s public sector undertakings (PSUs) are experiencing one of their strongest periods in decades, driven by robust earnings, improved governance and substantial government-led capital expenditure. Once viewed as laggards in efficiency and innovation, PSUs are now attracting heavy investor interest as they deliver stronger balance sheets, reduced debt and consistent profitability. From banking and energy to defence and infrastructure, the transformation is reshaping India’s economic landscape.

As Black Friday approaches, streaming platforms including Apple TV are rolling out substantial discounts and promotions to attract subscribers ahead of the holiday season. Deals range from discounted subscription rates to bundled offers across entertainment, sports, and lifestyle content. Analysts highlight that these promotions reflect the increasingly competitive streaming market, where platforms aim to capture market share and retain consumer loyalty amidst growing choices.

Amazon has rolled out attractive discounts on Fitbit fitness trackers and smartwatches, signaling a competitive push in the wearable technology market ahead of the holiday shopping season. The promotion includes price reductions across multiple Fitbit models, offering consumers an opportunity to access advanced health-monitoring features, including heart-rate tracking, sleep analysis, and activity tracking, at lower costs.