In an exclusive conversation with India Today Group’s Sweta Singh, Uttar Pradesh Chief Minister Yogi Adityanath criticised the Samajwadi Party’s record in power. Responding to the party’s claims about development, Yogi alleged that corruption and commission demands held back infrastructure projects, including expressways and road construction. He also accused previous SP governments of failing to address law-and-order concerns and said more than 1,500 riots took place during its four terms in office. Yogi claimed that Uttar Pradesh had suffered an identity crisis under previous governments and contrasted that period with the development and governance priorities of his administration.
Alice Huang, also known as Huang Le, is at the centre of a controversy involving Nvidia CEO Jensen Huang. A Chinese businesswoman with a background in media, finance and technology, she has drawn global attention amid reports of suspected links to China's intelligence establishment. Her association with Singapore-based Megaspeed, a company that buys Nvidia's advanced AI chips and leases computing capacity to Chinese firms, has raised questions about a possible intelligence operation targeting the chipmaker. Alice Huang's reported relationship with Jensen Huang has added to the scrutiny. Nvidia says there is no reason to believe its secrets were compromised as its board launches an independent investigation.
The government has capped trade margins at 30% on 137 non-scheduled anti-cancer medicines, bringing major relief to cancer patients across India. Effective November 9, the revised prices are expected to reduce medicine costs, with reported price cuts ranging from around 20% to 70% on average and the steepest reduction reaching 96.45%. Business Today’s Neetu Chandra Sharma explains how the move aims to curb excessive markups across manufacturers, distributors and pharmacies. Based on FY26 sales volumes, the intervention is estimated to save patients around ₹3,557 crore annually, making several life-saving cancer treatments more affordable.
PSU bank stocks are gaining momentum at the start of Samvat 2083, but can the rally sustain? Market expert Deven Choksey, MD, Dr Choksey Finserv Private Limited, explains the two key factors that could drive a re-rating in public sector banks. Softer crude oil prices and easing inflation expectations could reduce interest rate pressures and limit mark-to-market losses on banks' bond portfolios. He also points to the possibility of a second round of public sector bank consolidation, which could create larger banking institutions and unlock valuation potential. With several PSU banks trading around one-time price-to-book value, Choksey explains why the sector could attract fresh investor interest.
In an exclusive conversation with India Today Group’s Sweta Singh, Uttar Pradesh Chief Minister Yogi Adityanath said his government would not accept activities that, in his view, harm society, national unity or security. Referring to his ‘80:20’ remark, Yogi described the majority as committed to security, good governance and prosperity, while alleging that a section seeks opportunities to create unrest. He also said attempts to insult India’s traditions, historical figures, religious sites, faith or Sanatan Dharma would not be acceptable. The Chief Minister framed his position around national security, social harmony and governance.
Bvlgari is looking to deepen its presence in India, which it sees as a long-term growth engine for its watchmaking business. In an exclusive conversation with Business Today, Jonathan Brinbaum, Managing Director of Bvlgari’s Watch Business Unit, discusses the brand’s retail expansion plans, India's diverse luxury consumer markets, the significance of the India-EFTA trade agreement and how Bvlgari is building stronger connections with Indian consumers through its Roman heritage and Swiss watchmaking expertise.
The Indian Rupee is staging a remarkable comeback against the US Dollar, strengthening from ₹95.26 on October 29 to around ₹93.85 on November 9. But what triggered this sudden turnaround? The recovery follows a major political shift in the United States, easing tensions with Iran, falling crude oil prices and renewed foreign institutional investor (FII) inflows into Indian stock markets. After months of intervention by the Reserve Bank of India (RBI), global developments are finally providing relief to the Indian currency. With HSBC, Goldman Sachs and Citi turning increasingly bullish on Indian equities, could the rupee strengthen further? What does a stronger rupee mean for petrol prices, inflation, gold, silver, foreign travel, overseas education and Indian companies? And could upcoming US inflation data and Federal Reserve decisions reverse the rally? Watch Business Today TV's special report on the rupee recovery, its impact on your money and what happens next.
Nvidia CEO Jensen Huang, the man behind the world's first $5 trillion company, is facing one of the biggest controversies of his career amid allegations of a possible Chinese intelligence honey-trap. Huang has admitted being unfaithful to his wife and apologised to his family, while Nvidia's board has launched an independent investigation into whether its CEO was targeted by a foreign intelligence operation. At the centre of the allegations is Alice Huang, a former executive at Singapore-based Megaspeed, a company that purchases Nvidia's AI chips. China has dismissed the espionage allegations as unfounded. U.S. President Donald Trump has defended Huang, while Secretary of State Marco Rubio has declined to comment. Did any sensitive information reach Beijing? Could the investigation threaten Huang's leadership? And what does this mean for Nvidia, US-China relations and the global AI industry? Watch Business Today TV's special report for the latest developments.
In an exclusive conversation with India Today Group’s Sweta Singh, Uttar Pradesh Chief Minister Yogi Adityanath targeted AIMIM chief Asaduddin Owaisi and accused the Samajwadi Party, Congress and AIMIM of sharing the same agenda. Yogi alleged that these parties act against India’s interests, traditions and national unity. He also said he did not believe Owaisi had political space in Uttar Pradesh and dismissed his reported ambition of seeing a Muslim Chief Minister in the state. Responding to allegations that AIMIM acts as the BJP’s ‘B-team’, Yogi questioned why the three parties did not contest elections together.
Prime Minister Narendra Modi has recalled the deadly Naxal attacks in Chhattisgarh, highlighting the sacrifices of security personnel and civilians. Referring to the 2010 Dantewada encounter, he said 76 CRPF personnel were martyred, while another incident in the district claimed 44 civilian lives. Modi also said more than 1,000 security personnel had lost their lives in Chhattisgarh during the decades-long conflict. Citing figures from 2004 to 2013, he claimed that annual security personnel fatalities exceeded the number of Naxals killed. He criticised previous governments for treating Naxalism as an incurable problem.
Has India witnessed an unprecedented decline in poverty over the last decade? In this exclusive episode, Siddharth Zarabi, Group Editor, Business Today, speaks with Dr. Shamika Ravi, Member, PM Economic Advisory Council, to decode the real data behind India's poverty reduction. Dr. Ravi explains the shift from the Tendulkar to the Rangarajan poverty line, revealing that poverty has plummeted from nearly 30% in 2011-12 to just 3.9% today based on household consumption expenditure. The discussion highlights a secular, pan-India improvement across all geographies and communities, including massive gains for rural Muslim and tribal households. Watch the full video to understand the numbers, the recent World Bank endorsement, and the truth behind the poverty data debate.
A controversy over book purchases for Tamil Nadu's Periyar library has triggered a political storm, with allegations of inflated prices, questionable authors and possible AI-generated content. Sahitya Akademi awardee Perumal Murugan has flagged alleged irregularities in around 1,800 books, including factual errors, unverified registration numbers, missing publisher details and suspicious price tags. One book reportedly priced at ₹250 carried a price tag exceeding ₹1,500. The issue has now become a political flashpoint between the ruling TVK government and the opposition DMK. Tamil Nadu Minister Raj Mohan has promised an inquiry, while DMK leaders have questioned the credibility of the books. With Kamal Haasan also demanding action, the key question is: what happened in the Periyar library book procurement process?
Prime Minister Narendra Modi has cited a World Bank report to claim that 50 crore people in India have moved out of extreme poverty over the past 12 years. Explaining the government’s poverty-reduction efforts through a Diwali rangoli analogy, Modi credited a range of welfare initiatives for improving living conditions. He highlighted Jan Dhan accounts, PM Awas Yojana, Mudra loans, PM SVANidhi, Ayushman Bharat, free foodgrains, Swachh Bharat Mission and Har Ghar Jal. Modi said these schemes have strengthened access to banking, housing, healthcare, food security and basic services, giving poor families greater confidence and hope for the future.
Banking and financial stocks could remain in focus in Samvat 2083, with expectations of stronger credit growth and improving business momentum. Market expert Avinash Gorakshakar, Founder of Avinash Mentor Research, remains positive on the banking and NBFC space. He identifies State Bank of India, Axis Bank, ICICI Bank, IDFC FIRST Bank and Bank of Maharashtra as attractive banking opportunities. He also remains bullish on Bajaj Finance, citing its strong Q2 performance and growth prospects. With the second half expected to be busy for banks and interest rates potentially remaining stable, Gorakshakar sees opportunities across large private banks, PSU banks and NBFCs.
Foreign institutional investors (FIIs) are showing renewed interest in Indian equities, with recent inflows signalling a possible shift in sentiment. Rupee stability, the cooling of the AI trade and softening crude oil prices could support a gradual return of foreign money. In this conversation, Avinash Gorakshakar, Founder of Avinash Mentor Research, identifies automobiles, auto components, capital goods, aviation, oil marketing companies and specialty chemicals as potential beneficiaries. He explains why falling crude prices could improve profitability in select sectors and why investors may see gradual buying amid possible market consolidation.
What will shape India's stock markets in Samvat 2083? In this wide-ranging Diwali special, Ashishkumar Chauhan, MD & CEO of the National Stock Exchange (NSE), shares his outlook on India's equity markets, global capital flows and the country's economic prospects. Chauhan discusses returning foreign portfolio investors, easing oil prices, the cooling AI investment cycle and India's 7–7.5% growth trajectory. He also explains the strength of domestic savings, fiscal discipline and infrastructure spending, while highlighting NSE's technology and AI-led upgrades, faster trading systems and investor education initiatives. From balancing domestic and foreign capital to protecting retail investors, Chauhan addresses the opportunities and risks ahead. His message is clear: invest for the long term, avoid tips and understand derivatives before trading.
Prime Minister Narendra Modi celebrated Diwali with security personnel in Bastar, Chhattisgarh, and described 2026 as a historic year for India’s fight against Naxalism. In his address, Modi said this was the first Diwali after the country had overcome its decades-long struggle against Naxalism and Maoist violence. He credited the achievement to the courage and sacrifices of security personnel, including soldiers and police forces. Modi also recalled his tradition of celebrating Diwali with armed forces personnel across the country, from Kargil to the Himalayan frontier and the sea. He called the jawans part of his family.
Bvlgari is sharpening its ambitions in fine watchmaking, combining its Roman design heritage with Swiss technical expertise. In an exclusive conversation with Business Today, Jonathan Brinbaum, Managing Director of Bvlgari’s Watch Business Unit, discusses the maison’s global strategy, its growing focus on India, and the evolution of iconic collections such as Serpenti and Octo Finissimo. He also explains why India is a long-term growth opportunity, how changing consumer preferences are shaping luxury watchmaking, and why women’s mechanical watches are central to Bvlgari’s future.
Ayodhya transformed into a spectacular sea of light as 30 lakh earthen lamps illuminated 56 ghats and temples during the grand Deepotsav celebrations. The holy city witnessed a magnificent blend of faith, devotion and heritage, with a grand procession featuring 14 tableaux and over 500 artists from 14 states, a ceremonial coronation of Lord Ram and a spectacular Ramayana-themed drone show. Uttar Pradesh Chief Minister Yogi Adityanath offered prayers and participated in the Maha Aarti on the banks of the Saryu. Vice President C.P. Radhakrishnan also joined the celebrations. From synchronised prayers and laser displays to fireworks and thousands of flickering diyas, Ayodhya's Diwali became a grand celebration of India's cultural heritage.
Lupin reported a mixed performance in Q2FY27, with consolidated sales growing 14% year-on-year to ₹7,786 crore, while net profit declined 22% to ₹1,155 crore. EBITDA fell 10.7% to ₹2,171 crore, with EBITDA margins contracting 770 basis points to 27.9%, compared with 35.6% in the year-ago quarter. Profit before tax declined 21.3% to ₹1,580 crore. The performance comes amid contrasting trends across key markets. US sales grew 9.3% to ₹3,020 crore, while India sales rose 14.7% to ₹2,384 crore. Other developed markets recorded growth of 45.7% to ₹1,182 crore, while emerging markets declined 3.5% to ₹891 crore. Global API sales increased 20.2% to ₹309 crore. During the quarter, Lupin received four ANDA approvals and one NDA 505(b)(2) approval from the US FDA and launched one product in the US. The company now has 149 generic products in the US market. Lupin also reported 48 First-to-File filings, including 21 exclusive opportunities. R&D investment stood at ₹618 crore, accounting for 7.9% of sales. Business Today TV speaks to Ramesh Swaminathan, Executive Director and Global Chief Financial Officer, Lupin Limited, on the Q2 earnings performance, declining profitability despite revenue growth, margin pressures, performance across key markets, the US generics opportunity, India’s growth prospects, R&D investments and the road ahead for FY27.
Electronics & IT Minister Ashwini Vaishnaw has announced a major boost to India's electronics manufacturing sector, revealing that 118 electronics component manufacturing units are now being set up across the country following fresh approvals. He said several units will meet domestic demand while also supporting exports. Highlighting India's decade-long manufacturing journey, Vaishnaw said the country has moved from assembling finished products to manufacturing critical components, materials and machinery. He also noted that the electronics sector currently provides around 25 lakh jobs. The initiative aims to reduce import dependence, strengthen domestic supply chains and build a self-reliant electronics ecosystem.
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Exclusive | CM Yogi Adityanath Accuses SP Of Leaving UP With A ‘Law And Order Crisis’
Who Is Alice Huang? The Woman At The Centre Of Jensen Huang-Nvidia Controversy
Govt Slashes Prices Of 137 Cancer Drugs By Up To 96%: What Patients Need To Know?
PSU Banks Set For Re-Rating? Deven Choksey Explains Two Key Triggers For Samvat 2083
FIIs May Return To India: Which Sectors Could Attract Fresh Foreign Investor Buying Next?
