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India’s economy is on track to grow 7% or north of 7% in the financial year 2025–26 (FY26), Chief Economic Adviser V Anantha Nageswaran said on Friday, adding that the third quarter (October–December) has “commenced on a sound footing”. Read more: https://mybs.in/2erjtoM

India’s economy continued its strong momentum in the July-September quarter (Q2) of FY 2025-26, with real gross domestic product (GDP) rising 8.2 per cent, sharply higher than the 5.6 per cent growth recorded in the same quarter last financial year, according to data released by the National Statistics Office (NSO) on Friday. https://mybs.in/2erjtjK

Hindustan Aeronautics Limited (HAL) Chairman and Managing Director DK Sunil on Friday said there is "absolutely no problem" with the Tejas aircraft, terming the recent Tejas crash in Dubai as an "unfortunate incident". Speaking at the ANI National Security Summit, Sunil said, "There is absolutely no problem with the Tejas. It is absolutely safe, and its safety record is the best in the world. What you saw in Dubai was an unfortunate incident. It will have no impact on the future of Tejas". https://mybs.in/2erjtgf

Apple has announced that it will open its first retail store in Noida on December 11, marking the company’s latest retail expansion in India. The new Apple Noida store will be located inside DLF Mall of India and will serve as the second Apple retail outlet in the National Capital Region (NCR) after Apple Saket in New Delhi. https://mybs.in/2erjtbI

In Pics | Prime Minister Narendra Modi with members of the Indian Women's Cricket Team for the Blind, who recently won the inaugural T20 World Cup, in New Delhi.

Russian President Vladimir Putin is set to arrive in India on December 4-5 for the 23rd India-Russia Annual Summit, the Ministry of External Affairs (MEA) said on Friday. During his two-day visit, Putin will hold official talks with Prime Minister Narendra Modi. President Droupadi Murmu will also receive Putin and will host a banquet in his honour as part of the state visit protocols. https://mybs.in/2erjteV

President Donald Trump announced sweeping plans to crack down on immigration, saying current policy has eroded national progress and that he would “permanently pause migration from all Third World Countries to allow the US system to fully recover.” In a pair of Truth Social posts late Thursday night in Washington, Trump said he would terminate “millions” of admissions under his predecessor Joe Biden, “remove anyone who is not a net asset to the United States, or is incapable of loving our Country” and “denaturalize migrants who undermine domestic tranquility.” He added that he would also end all federal benefits for non-citizens. https://mybs.in/2erjtcL

Firefighters battled for a second day to extinguish a blaze at a high-rise apartment complex in Hong Kong on Thursday, as the death toll rose to 94 in one of the deadliest blazes in the city's modern history. Rescuers holding flashlights were going from apartment to apartment at the charred towers as thick smoke poured out from some windows at the Wang Fuk Court complex, a dense cluster of buildings housing thousands of people in Tai Po district, a northern suburb near Hong Kong's border with the mainland. https://mybs.in/2erjtYF

Delhi's air quality index (AQI) slipped back into the ‘severe’ category on Friday morning, barely 48 hours after the government withdrew Graded Response Action Plan (GRAP) Stage-3 restrictions. According to data by the Central Pollution Control Board (CPCB), the Anand Vihar monitoring station recorded an AQI of 405 at 8 am. Nineteen out of 39 stations in Delhi logged readings in the ‘severe’ range, while the majority of the rest hovered close to 400. Only two stations reported readings below 300 or in the ‘poor’ category. https://mybs.in/2erjtZB

Deepti Sharma becomes the most expensive buy in WPL 2026 at ₹3.2 cr as UP Warriorz match DC’s bid. Amelia Kerr follows at ₹3 cr for Mumbai Indians. Mega auction sees Shikha Pandey, Sophie Devine, Meg Lanning among top buys ahead of January 9 start. https://mybs.in/2erjS5E

Markets With BS | From Wipro to Adani Enterprises, here are a few stocks likely to be in focus on Friday. Take a look https://mybs.in/2erjtYl

Good morning! This is what Business Standard's front page looks like today. Read the stories on http://business-standard.com

In Pics | Scenes from Wang Fuk Court housing estate, in Tai Po, Hong Kong, where flames engulfed bamboo scaffolding across several buildings on November 26, 2025. At least 65 have been killed and many injured while several others are feared trapped. More than 1,200 firefighters are battling to extinguish the blaze.

BS Editorial | UNICEF's SWOC 2025 highlights India’s challenge with 206 million children facing at least one deprivation and 62 million facing multiple. Climate hazards, conflict, and gaps in health, nutrition, education, and digital access increase risks. Urgent reforms are needed to safeguard the future. https://mybs.in/2erj0NW

Tesla said on Wednesday that it plans to develop charging infrastructure in India that fits into the everyday lifestyles of its customers. The company, which already has a presence in Delhi and Mumbai, aims to expand its supercharging network and offer home-charging solutions as it scales up operations. Details: https://mybs.in/2erjRub

BS Editorial | October CPI inflation drops to 0.25%, well below RBI's 4% target, boosting expectations of a rate cut. MPC’s December 3-5 meeting will assess food-price trends, growth momentum, and trade developments before acting on the policy repo rate. https://mybs.in/2erj0NL

The Union Cabinet, in a meeting chaired by Prime Minister Narendra Modi, on Wednesday approved a ₹7,280 crore scheme to promote manufacturing sintered rare-earth permanent magnets (REPM), marking India’s first attempt to build an integrated domestic supply chain for the critical material. https://mybs.in/2erj0GN

Streaming giant Netflix was down for thousands of users across the US and India on Thursday. According to Downdetector, more than 15,000 people in the US reported issues with the app, with 56 per cent facing streaming problems, 35 per cent experiencing server connection issues, and 10 per cent unable to log in to their accounts. The outage coincided with the launch of the much-awaited fifth season of Stranger Things. Stranger Things 5 Vol. 1, which has four episodes, was released earlier today. https://mybs.in/2erjRnG