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Weekly News Platter |
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1 Nov, 2025, 05:51PM IST, PTI |
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Hello Reader,
In case you had a busy week, these are the top stories you need to get caught up to speed...
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 US’ Golden Gate move signals a likely shift in India strategy |
| The US has granted India a six-month sanctions waiver for its operations at Iran's Chabahar Port, a move seen as a strategic concession amidst ongoing trade deal negotiations. This extension supports India's regional connectivity plans, particularly its gateway to Afghanistan and Central Asia, signaling Washington's willingness to accommodate New Delhi's geopolitical interests. Read more |
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 Why Trump can't rush the Indian elephant into a trade deal |
| The US and China have reached a tariff reduction breakthrough, with Beijing agreeing to curb fentanyl trade and resume soybean purchases. This signals a shift from Trump's tariff strategy, as India also resists pressure for a trade deal, prioritizing fair terms over rushed agreements. Read more |
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 Reliance to take a leaf out of the 'Campa' book for electronics business |
| Reliance Retail is set to launch its Kelvinator and BPL electronics brands using a proven strategy. Expect aggressive pricing, higher dealer margins, and widespread availability across stores and online. The company is also targeting overseas markets like Nepal and Bhutan, with plans for Sri Lanka, the Middle East, and Africa. Read more |
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 Mapping the Dunki route: How Indians risk everything to reach America |
| Indian nationals are using the perilous 'Dunki' route to reach America. This illegal passage involves multiple countries and significant financial investment. Many migrants are apprehended and deported, returning home with debt and shattered dreams. Authorities are investigating smuggling networks involved in this dangerous journey. Read more |
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 Hindustan Unilever's India arm gets Rs 1,986 crore tax notice |
| Hindustan Unilever has received a significant tax demand order of Rs 1,986.25 crore for the financial year 2020-21. The Indian tax authority disputed the valuation of related-party transactions and depreciation claims. The company, known for brands like Dove and Surf Excel, stated the order will not materially impact its financials. Hindustan Unilever plans to appeal the tax demand. Read more |
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 India considering $12 billion plan to bail out state power distributors |
| India plans a massive bailout exceeding one trillion rupees for struggling state power distribution companies. To access these funds, states must privatize their electricity utilities or list them on a stock exchange. This reform push aims to tackle inefficiencies in the power sector. The government is finalizing details for an announcement in the upcoming budget. Read more |
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 Air India seeks Rs 10,000 crore lifeline from SIA and Tata: Report |
| Air India is reportedly seeking at least 100 billion rupees ($1.14 billion) in financial support from its owners, Singapore Airlines and Tata Sons. This request follows a deadly crash in June and aims to overhaul the carrier's systems, services, and in-house engineering capabilities. The funding decision, whether a loan or equity, will be proportional to ownership stakes. Read more |
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 Chinese buses have major security flaw, says Oslo operator |
| Oslo's fleet of electric buses, imported from China, is facing a significant security challenge due to a software flaw that may allow manufacturers or unauthorized individuals to seize control. Ruter, the transit agency, flagged this problem during their testing phase and is now actively constructing a digital firewall for enhanced protection. Read more |
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 Bizman buys four flats at DLF’s The Dahlias for Rs 380 crore in record deal |
| An industrialist has acquired four interconnected apartments at DLF's The Dahlias for nearly Rs 380 crore, marking one of the country's most expensive apartment deals. This transaction, totaling over 35,000 sq ft, highlights Gurugram's rising real estate prices, now rivaling and sometimes exceeding prime Mumbai locations. The project has seen significant sales, with prices appreciating by 50% since its launch. Read more |
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 Toyota steps up India expansion with new SUVs, rural push as profit surges |
| Toyota plans to launch 15 new and refreshed models in India by 2030, aiming to boost its market share to 10% from 8%. This strategy includes introducing new SUVs and an affordable pickup truck, alongside expanding its rural dealership network. The move is driven by record profits in India and a desire to reduce reliance on alliance partner Suzuki. Read more |
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 Chipmaker Nvidia becomes world's first $5 trillion company |
| Nvidia has become the first company to reach a $5 trillion valuation, driven by the booming artificial intelligence sector. This milestone highlights the significant technological shift, though concerns about an AI bubble persist. The chipmaker's rapid stock growth is fueled by immense demand for its products, with recent disclosures of substantial chip orders and strategic partnerships underscoring its dominant position. Read more |
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