Weekly News Platter
The Economic Times

Weekly News Platter

22 Nov, 2025, 05:49PM IST, PTI


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In case you had a busy week, these are the top stories you need to get caught up to speed...
Four Labour Codes implemented in India in one of biggest workforce reformsFour Labour Codes implemented in India in one of biggest workforce reforms
India has officially implemented four new Labour Codes, consolidating 29 existing laws to modernise its labor governance. This historic move, effective November 21, 2025, aims to simplify regulations, boost worker welfare, enhance safety, and align with global standards. The government hails this as a significant step towards a more efficient and worker-centric labor ecosystem. Read more
India's core output growth stays flat in OctoberIndia's core output growth stays flat in October
In October, India's core sector stagnated, marking its lowest growth rate in over a year. The mining and electricity sectors took a notable hit, particularly with coal production plummeting. Additionally, there were drops in natural gas and crude oil outputs. Read more
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Gold prices gain 1% in a volatile week. What’s in it for investors starting Monday?Gold prices gain 1% in a volatile week. What’s in it for investors starting Monday?
Gold prices have shown resilience this week, ending with a modest gain. The Indian Rupee's record low against the Dollar is creating new challenges for traders. Experts anticipate continued volatility in the coming week. Gold is expected to trade within a specific range. Strong US jobs data has reduced expectations for a December Federal Reserve rate cut, impacting global sentiment. Read more
Bitcoin hits seven-month low, tumbles below $82,000. What’s next for investors?Bitcoin hits seven-month low, tumbles below $82,000. What’s next for investors?
Bitcoin plunged to a seven-month low near $80,000, mirroring a broader market retreat from riskier assets due to stretched tech valuations and interest rate uncertainty. Analysts warn of steeper losses if the $82,000 support breaks, though some see signs of dip-buying. Ether also experienced significant declines. Read more
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Moody's pegs India's growth at 7% in 2025, 6.4% in 2026Moody's pegs India's growth at 7% in 2025, 6.4% in 2026
India is set to lead economic growth in the Asia-Pacific region, excluding Greater China. Moody's Ratings projects India's GDP to grow by 7% in 2025. Strong domestic demand will support this growth amid global uncertainty. India and Australia will spearhead growth in their respective market categories. Emerging markets will drive regional GDP expansion. Read more
Adani gets creditors’ nod to buy bankrupt Jaiprakash AssociatesAdani gets creditors’ nod to buy bankrupt Jaiprakash Associates
In a statement to exchanges, Adani Enterprises said it had “received a Letter of Intent (‘LOI’) from the Resolution Professional (‘RP’) on November 19, 2025 at 3:05 p.m.” The plan now requires approval from the National Company Law Tribunal’s Allahabad Bench and other regulatory authorities. According to the filing, implementation may be carried out by Adani Enterprises, its promoter group or other Adani entities, or through a special purpose vehicle, “in accordance with the terms of the resolution plan.” Read more
India launches e-passports nationwide. What does it mean for your existing one?India launches e-passports nationwide. What does it mean for your existing one?
India has launched its new e-passport system, featuring chip-enabled booklets for all new applications and renewals. This upgrade enhances digital security and speeds up immigration checks. Existing passports remain valid until expiry. The new system also includes a revamped website and app with advanced features for a smoother application process. Read more
Tejas fighter jet crashes at Dubai Air ShowTejas fighter jet crashes at Dubai Air Show
Fighter Jet Plane Crash: A Tejas fighter jet crashed during a demonstration at the Dubai Air Show on Friday, resulting in the pilot's death. The Indian Air Force confirmed the incident and is constituting a court of inquiry to determine the cause. This mishap occurred just a day after the government debunked false claims of an oil leak from the same aircraft. Read more
Africa's first G20 summit opens with ambitious agenda, US boycottAfrica's first G20 summit opens with ambitious agenda, US boycott
Leaders and top government officials from the richest and leading emerging economies will come together at an exhibition centre near the famous Soweto township in South Africa - once home to Nelson Mandela - to try and find some consensus on the priorities set out by the host country. Read more
G20 Summit: PM Modi outlines 3 key initiatives on knowledge, skills and drug-terror crackdownG20 Summit: PM Modi outlines 3 key initiatives on knowledge, skills and drug-terror crackdown
At the first G20 Summit hosted in Africa, Prime Minister Narendra Modi unveiled three initiatives to redefine global development and cooperation, focusing on knowledge sharing, human capital, and countering the drug-terror nexus. Despite a US boycott, the G20 adopted a declaration emphasising multilateralism, peace efforts, climate action, debt relief, and critical minerals, underscoring Africa's growing influence. Read more
Bihar's changing power equations: BJP's Samrat Chaudhary gets home portfolioBihar's changing power equations: BJP's Samrat Chaudhary gets home portfolio
Bihar Chief Minister Nitish Kumar has relinquished the home portfolio for the first time in two decades. Deputy CM Samrat Chaudhary of the BJP now holds this crucial charge. The JDU has secured finance and commercial taxes. This portfolio allocation reflects evolving power structures within the NDA in Bihar. Read more
Saudi bus accident: 42 Indians killed in bus accident near MadinaSaudi bus accident: 42 Indians killed in bus accident near Madina
A tragic accident near Madina, Saudi Arabia, claimed the lives of 42 Indian Umrah pilgrims from Telangana. Their bus collided with a fuel tanker. Indian diplomatic missions are providing assistance and coordinating with Saudi authorities. Officials are on the ground offering support to affected families. Prime Minister Modi and External Affairs Minister Jaishankar expressed condolences. Read more
NIA arrests Anmol Bishnoi; was absconding since 2022NIA arrests Anmol Bishnoi; was absconding since 2022
In a major blow to organized crime, Anmol Bishnoi, the sibling of the infamous gangster Lawrence Bishnoi, has been apprehended by the National Investigation Agency following his extradition from the United States. He stands accused of facilitating his brother's criminal enterprises and providing essential support to notorious gang members, including Goldy Brar. Read more
South Africa beat India by 30 runs in low-scoring Kolkata Test, take 1-0 leadSouth Africa beat India by 30 runs in low-scoring Kolkata Test, take 1-0 lead
South Africa secured a 30-run victory over India in the opening Test. India collapsed for 93 while chasing 124 on the third day. South Africa leads the two-match series 1-0. Tight bowling from Simon Harmer and Marco Jansen proved decisive. Washington Sundar top-scored for India with 31. The Proteas set a challenging target after Temba Bavuma's unbeaten 55. Read more
Ashes 2025-26: Mitchell Starc creates history with 10-wicket haul, first Aussie pacer to do so in 35 yearsAshes 2025-26: Mitchell Starc creates history with 10-wicket haul, first Aussie pacer to do so in 35 years
Mitchell Starc Ashes 2025-26: Mitchell Starc achieved a remarkable 10-wicket haul in the Ashes Test at Perth, a feat unseen by an Australian pacer in 35 years. His exceptional bowling, including a career-best 7/58, proved pivotal. Starc's performance highlights his dominance against England's top order, making him a standout performer in the series. Read more
Australia win first Ashes test against England by eight wicketsAustralia win first Ashes test against England by eight wickets
Travis Head's explosive 123-run century powered Australia to an eight-wicket victory in the first Ashes Test. England collapsed spectacularly in their second innings, setting Australia a modest target. Mitchell Starc and Scott Boland were instrumental with the ball for the hosts. Read more
UN Security Council adopts US resolution on Trump's Gaza planUN Security Council adopts US resolution on Trump's Gaza plan
The text of the resolution says member states can take part in the Trump-chaired Board of Peace envisioned as a transitional authority that would oversee reconstruction and economic recovery of Gaza. It also authorizes the international stabilization force, which would ensure a process of demilitarizing Gaza, including by decommissioning weapons and destroying military infrastructure. Read more
Sheikh Hasina Verdict: Ousted Bangladesh PM sentenced to death for student crackdown that killed 1,400Sheikh Hasina Verdict: Ousted Bangladesh PM sentenced to death for student crackdown that killed 1,400
Former Bangladesh Prime Minister Sheikh Hasina has been found guilty of crimes against humanity. The International Crimes Tribunal-Bangladesh handed down a death sentence. The verdict has led to widespread unrest and a security lockdown across the nation. Hasina, who is in asylum in India, denies all charges. The country awaits further developments following this significant judgment. Read more

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