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Thanksgiving on budget: US retailers push cheaper private-label meals; here’s what Walmart, Target & more are doing

This Thanksgiving, retailers in the United States are leaning heavily on private-label products to promote what they say are the most affordable meal deals in years. Walmart, Target and Aldi are each highlighting cost savings ahead of the holiday, but the reductions come with trimmed menus and more store-brand substitutes.At Walmart, this year’s meal bundle…

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US Shutdown: Trump demands ACA payments go straight to Americans; hits at ‘fat cat’ insurers and Obamacare

US President Donald Trump has escalated his attack on the Affordable Care Act (ACA), urging Republicans to divert federal healthcare payments directly to Americans instead of insurance companies, as the ongoing government shutdown marks its longest stretch in US history.In a new post on Sunday, Trump repeated his demand that Republicans stop sending what he…

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Shutdown strain: US economy reels under layoffs and lost pay; food banks, small firms struggle to cope

Washington’s economy is facing deepening distress as the longest-ever US government shutdown, mass layoffs of federal workers, and cuts to food assistance converge to hit households and small businesses across the capital region, AP reported.The Capital Area Food Bank, which supports more than 400 pantries and aid organisations across the District of Columbia, northern Virginia,…

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Investor alert: Sebi flags digital gold risks; should you trust unregulated platforms?

Markets regulator Sebi has warned investors against putting money into digital or e-gold products, cautioning that such instruments fall outside its regulatory framework and carry significant risks, PTI reported.The advisory follows Sebi’s observation that several online platforms have been promoting “digital gold” or “e-gold” as a convenient alternative to physical gold, without disclosing that these…

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Trade ties: India, Australia review CECA talks; reaffirm push for early deal to boost economic partnership

India and Australia have reaffirmed their commitment to conclude the second phase of their Comprehensive Economic Cooperation Agreement (CECA) at the earliest, as Commerce and Industry Minister Piyush Goyal held talks with his Australian counterpart Don Farrell to review the progress of negotiations, PTI reported.According to an official statement, both sides agreed to work “constructively…

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Ghost job ads surge: Firms use fake listings for market data, branding; experts flag 25% annual rise

The number of ghost job postings — advertisements for roles that do not actually exist — has risen sharply, growing by about 25% year-on-year, according to recruitment industry experts. These listings, increasingly visible across social and professional platforms, are often put up by companies that have no immediate hiring intent, using them instead for market…

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Gold market trends: Prices drop for third week as dollar stays firm; Fed tone and China move weigh on sentiment

Gold prices extended their decline for the third straight week, pressured by a stronger US dollar and cautious remarks from Federal Reserve officials that curbed investor appetite for safe-haven assets, analysts said.The sustained firmness in the greenback and the US central bank’s wait-and-watch stance have kept bullion trading in a narrow range through the holiday-shortened…

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Marine reform: Centre notifies new deep-sea fishing rules; bans foreign vessels, empowers cooperatives – what changes for Indian fishers?

In a major policy shift aimed at unlocking India’s vast marine wealth, the Centre has notified new rules for deep-sea fishing in the country’s Exclusive Economic Zone (EEZ) — prioritising fishermen cooperatives, small-scale fishers, and digital transparency, while banning foreign vessels from Indian waters.The rules, notified on November 4, fulfil the government’s Budget 2025-26 promise…

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Pharma takeover: Pfizer set to acquire Metsera in $10 bn deal; wins board backing after Novo Nordisk exits bidding war

Pfizer is poised to acquire US-based biotechnology firm Metsera in a $10 billion deal, after winning a heated bidding battle against Danish drugmaker Novo Nordisk, which has now withdrawn from the race, AFP reported.Metsera, which specialises in obesity treatments, said in a statement that Pfizer’s improved offer of $86.25 per share had been unanimously approved…

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India connect: Singapore, Canada startups eye expansion in India; global founders cite policy push and market depth

Several startups from Singapore and Canada have expressed interest in expanding into India, drawn by its vast consumer base, rapid economic growth, and increasingly supportive startup ecosystem.The companies shared their plans during interactions with PTI on the sidelines of EPIC 2025, a global pitch competition organised by the Hong Kong Science and Technology Parks Corporation…

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