Business

Gautam Adani’s $1.2 billion copper smelter in Gujarat—one of India’s most ambitious metal-processing projects—is facing a severe shortage of raw materials, leaving the plant running far below its designed capacity. Despite plans to double output in the next four years, the facility is currently unable to secure even a fraction of the copper concentrate required. Severe Shortage Hits Adani’s Kutch Copper Plant According to a Bloomberg report, the smelter has an annual capacity of 500,000 tonnes, but its operations have been crippled by a global squeeze in copper supply. Kutch Copper Ltd., which began production in June, has received less than one-tenth of the raw materials needed to run at full capacity. Customs data shows that by October, the company had imported only 147,000 tonn...

A massive aviation alert was issued on Monday after the Hayli Gubbi volcano in Ethiopia erupted for the first time in nearly 10,000 years. The unexpected event forced an IndiGo flight from Kannur to Abu Dhabi (6E 1433) to divert to Ahmedabad due to the rising ash cloud. The aircraft landed safely, and IndiGo announced return arrangements for passengers. Airlines on High Alert The disruption was triggered by a thick plume of volcanic ash spewing from the Hayli Gubbi volcano, which erupted on Sunday after millennia of dormancy. Satellite models indicate that the ash cloud is drifting towards northern India, raising concerns for flight paths passing over Delhi, Jaipur, and nearby regions. Indian aviation authorities and airlines have begun monitoring possible impacts on air traffic. ...

In one of the biggest anti-smuggling actions in recent months, the Directorate of Revenue Intelligence (DRI) has seized 7.37 crore smuggled foreign cigarettes worth ₹14.74 crore during a two-day nationwide crackdown named ‘Operation Filter Out’. The action was carried out on 21 and 22 November 2025 in Mizoram with crucial assistance from the Assam Rifles and the Border Security Force (BSF). The seized cigarettes were being trafficked illegally from Myanmar into India and were meant to be distributed across the country. First Operation: Suspicious Vehicle Intercepted in Mamit District On 21 November, a DRI team intercepted a suspicious vehicle in Kanhmun, located in Mizoram’s Mamit district. Upon inspection, officers recovered: 165 cartons of foreign cigarettes Brands: Oris,...

Domestic equity markets remained under pressure on Monday as both benchmark indices closed in the red. The Bombay Stock Exchange (BSE) Sensex fell 331.21 points to settle at 84,900.71, while the National Stock Exchange (NSE) Nifty slipped 108.65 points to close at 25,959.50, dropping below the 26,000 mark. The weakness came on the back of cautious investor sentiment and absence of strong market triggers. Market Recap: Second Consecutive Day of Decline The BSE Sensex, after losing early gains, ended the session with a 0.39% fall. During intra-day trade, it had dropped as much as 521.81 points. The Nifty 50 also declined by 0.42%, signaling broad-based weakness across sectors. Key stocks that dragged the market included Bharat Electronics, Mahindra & Mahindra, Tata Steel, UltraT...

When the pandemic brought life to a standstill, an Assam school teacher turned her idle hours into a fortune. Camerina Rabha, a resident of Goalpara and a dedicated educator, discovered a life-changing opportunity in one of the world’s most expensive spices—vanilla. What began as a side activity after her school hours now earns her over ₹12 lakh annually. Inspired by Her Husband’s Idea During the 2020 lockdown, Camerina found herself with free time after 3 PM. Her husband came across an article on vanilla farming—the second most expensive spice globally after saffron. The idea immediately struck her. She learned that dried vanilla beans sell for ₹10,000–₹12,000 per kg. Without wasting time, she sourced 30 vanilla cuttings from a nursery in Meghalaya at ₹350 each and planted them n...

The long-awaited New Labour Code has finally come into effect, bringing a sweeping transformation to India’s salary structure. While your gross salary will remain unchanged, your in-hand salary is likely to decrease, even as your PF and gratuity contributions increase, strengthening your retirement safety net. What Has Changed Under the New Labour Code? The government’s latest clarification dated 21 November has redefined the concept of “Wages”. Under the new definition, Basic Salary, Dearness Allowance (DA), and Retaining Allowance together must constitute at least 50% of the total salary. All key social-security calculations—including PF, gratuity, and pension—will now be linked to this minimum 50% wage component. Crucially, your total Gross Salary and CTC remain the same, bu...

The Government of India has issued a clear warning: if a SIM card registered in your name is misused for cyber fraud or any illegal activity, you too can be held responsible. The Department of Telecommunications (DoT), in an official statement on Monday, urged citizens to remain alert and avoid using any device with a tampered IMEI number. SIM Misuse = Owner’s Liability According to DoT, the registered owner of a SIM card will be answerable if the SIM is later used for fraudulent activities. The department strongly warned citizens against purchasing or using devices—such as modems, modules, or SIM boxes—that have altered IMEI numbers or allow IMEI manipulation. DoT also cautioned against obtaining SIM cards using fake documents, using someone else’s credentials, or handing over yo...

The stock of Ahmedabad-based A-1 Ltd (BSE: 542012), a company engaged in chemical trading and logistics, has turned into a true multibagger, delivering more than 100% return within a month. The stock has been consistently locked in the upper circuit for the last several trading sessions, attracting sharp attention from investors. Share Price Doubled in One Month A-1 Ltd, previously known as A-1 Acid Ltd, has seen exceptional momentum. On 24 October 2025, the stock closed at ₹1,053.10. By 24 November 2025, it had surged to ₹2,317.25. On 25 November, the stock opened with a 5% jump, touching ₹2,433.10, and hit the upper circuit yet again. The stock has now been stuck in the upper circuit for over five consecutive trading sessions, with a daily 5% limit. What Is Fueling...

New Delhi: Marriott International, the world’s largest hotel chain by room count, is poised to make India its third-largest market globally. Currently, Marriott has the most hotels in the United States, followed by China, Canada, and Mexico, with India climbing up the ranks rapidly. India’s Rapid Expansion Marriott operates 187 hotels in India with more than 33,000 rooms. According to Rajeev Menon, President of Marriott Asia Pacific, an additional 200 hotels are in the pipeline, which will solidify India as the chain’s third-largest market within the next 2–3 years. When it comes to total rooms, Marriott already leads India, though Taj Hotels (Tata Group) currently holds the top spot by hotel count with 255 properties. Menon projects that in five years, Marriott will have over 60,000...

Udaipur: The lavish wedding of Netra Mantena, daughter of billionaire pharmaceutical entrepreneur Raj Ramalinga Mantena, recently held in Udaipur, has taken social media and headlines by storm. Dubbed one of the most expensive weddings of 2025, the ceremony drew Bollywood stars like Ranveer Singh, Hrithik Roshan, Madhuri Dixit, Karan Johar, as well as Hollywood celebrities including Jennifer Lopez, Justin Bieber, and even Donald Trump Jr. Who is Raj Ramalinga Mantena? Raj Ramalinga Mantena, though relatively unknown to the public, shot to prominence following his daughter’s extravagant wedding. Originally from India, Mantena resides in Florida, USA, and is a successful entrepreneur in the healthcare and pharmaceutical sectors. Net Worth According to The Daily Guardian, Mantena’...