AI-based cyberattacks threaten Indian fintech companies; Shiprocket achieves profitability in Q2 FY2027
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AI-based cyberattacks threaten Indian fintech companies; Shiprocket achieves profitability in Q2 FY2027

Investment interest in the Indian B2C e-commerce sector appears to be declining. According to Tracxn data, funding volume dropped by 33% to $1.6 billion across 356 rounds between January and November 3, 2026, compared to $2.4 billion across 621 rounds the previous year. Meanwhile, late-stage and seed-stage investments decreased by 51% and 50% respectively, while early-stage investments remained relatively stable, showing a 3% growth.

Parallel to investor caution, the AI infrastructure boom is facing another issue—growing public concern over its impact on local communities. OpenAI has committed to covering the full electricity costs of the data centers it owns and operates, and has also pledged to increase transparency regarding construction plans and public consultations.

Meanwhile, India's national cybersecurity agency, CERT-In, warned about increasing AI-driven attacks targeting fintech companies and NBFCs. Attackers are using payment systems to steal funds.

Cybersecurity issues are also observed in the global financial services sector. The Binance exchange revoked all API keys associated with the third-party trading platform SignalPlus after reporting a potential security issue. The exchange assured that its own systems and user funds remain secure and advised affected users to check their trading positions before reconnecting.

Risks are spreading beyond financial services. A cyberattack targeting refrigeration management systems at three facilities belonging to the French National Blood Service led to an increase in the storage temperature of plasma and other blood products. Monitoring systems detected the breach in a timely manner, allowing staff to relocate supplies before the products were compromised. An investigation into this incident is currently underway.

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Indian stock market affected due to declines in US and South Korean markets
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Indian stock market affected due to declines in US and South Korean markets

The US market registered a sharp decline over AI regulations, resulting in losses exceeding ₹270 lakh crore. Similarly, the South Korean market saw a major drop, where KOSPI hit a lower circuit, forcing a 20-minute trading halt.

However, the impact of these large global fluctuations on the Indian market has been relatively minimal. Nifty fell by 100 points to reach 24,443, while Sensex is trading at 79,020.55, down by 289.46 points or 0.36%. Bank Nifty also witnessed a decrease of 300 points.

Declines were recorded across all sectors except IT and Telecommunications. The Auto and Consumer Durables sectors experienced the steepest drops. Among the top 30 BSE stocks, 10 showed a slight gain, while 20 declined. Shares of Powergrid and BEL registered the highest fall.

A particularly significant decline was observed in the Midcap and Smallcap segments. BSE 250 Smallcap fell by 1.50 percent, and Midcap traded 200 points or 1.20% lower.

On BSE, 1,137 out of a total of 3,515 shares showed gains, while 2,193 shares registered declines. 185 shares remained unchanged. Additionally, 47 shares are at their 52-week highs, while 43 shares are trading at 52-week lows. 79 stocks hit an upper circuit, and 97 stocks hit a lower circuit in the market.

Uzbekistan Airways and four Uzbek companies may conduct IPO within two years
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podrobno.uz

Uzbekistan Airways and four Uzbek companies may conduct IPO within two years

The Ministry of Economy and Finance announced on November 5 that between 2027 and 2028, five major organizations are planned to enter the stock market in Uzbekistan: one airline and four enterprises, as well as one bank.

These companies are undergoing a transformation process and adapting to global capital market standards before the upcoming listing. Among the enterprises preparing for IPO are Uzbekistan Airways, 'National Electric Networks of Uzbekistan', 'Uzbekhydroenergo', 'Uzbektelecom', and 'Uzpromstroybank' (SQB).

The department also presented the results of the initial placement of shares of the National Investment Fund. This year, 35.45% of the fund's shares were placed on the London and Tashkent stock exchanges, amounting to $692 million.

Active work is being conducted with foreign investors in the field of attracting international capital. On October 14, over 250 foreign investors gathered during the Investors Day event, whose investment portfolios are collectively valued at more than $2.5 trillion.

Furthermore, Corporate Governance Day 2026 was held on October 16, dedicated to discussing six key areas for improving corporate governance. Previously, the National Investment Fund of Uzbekistan had already conducted an IPO on the London and Tashkent exchanges, attracting about $700 million.

Gold and Silver Price Changes on Dhanteras: Current Rates from Delhi to Patna
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Gold and Silver Price Changes on Dhanteras: Current Rates from Delhi to Patna

Significant changes in the prices of gold and silver have occurred due to the celebration of Dhanteras. In Delhi, there was a slight increase in the price of gold, while silver prices rose by only 100 rupees.

For the fifth consecutive day, an increase in the prices of gold and silver has been recorded in the precious metals market. Over the last five days, the cost of 10 grams of 24-carat gold has risen to ₹7150, and 22-carat gold to ₹6560.

A rise was also recorded in the capital, Delhi, today: 10 grams of 24-carat gold increased by ₹10, and 22-carat gold by ₹10. Additionally, silver showed growth, rising by 100 rupees.

In Delhi, the price of 24-carat gold is ₹1,46,180, and 22-carat is ₹1,34,010; the price of 18-carat gold reaches ₹1,09,680.

In the financial center of Mumbai, the prices are as follows: 24-carat gold costs ₹1,46,030, 22-carat ₹1,33,860, and 18-carat gold ₹1,09,530.

In Kolkata, the prices for 24-carat gold are ₹1,46,030, 22-carat ₹1,33,860, and 18-carat gold ₹1,09,530.

In Chennai, 24-carat gold is valued at ₹1,46,030, 22-carat at ₹1,33,860, and 18-carat gold at ₹1,09,560.

In Bangalore, 24-carat gold costs ₹1,46,030, 22-carat ₹1,33,860, and 18-carat gold ₹1,09,530.

In Hyderabad, 24K gold costs ₹1,46,030, 22K gold ₹1,33,860, and 18-carat gold ₹1,09,530.

In Lucknow, 24-carat gold is priced at ₹1,46,180, 22-carat at ₹1,34,010, and 18-carat gold at ₹1,09,680.

In Patna, 24-carat gold costs ₹1,46,080, 22-carat ₹1,33,910, and 18-carat gold ₹1,09,580.

In Jaipur, 24-carat gold is valued at ₹1,46,180, 22-carat at ₹1,34,010, and 18-carat gold at ₹1,09,680.

In Ahmedabad, 24K gold costs ₹1,46,080, 22K gold ₹1,33,910, and 18-carat gold ₹1,09,580.

There has been a second consecutive day of growth in silver prices. Previously, between October 29 and 31, the price of silver per kilogram fell by ₹20000, then its value remained stable for four days, and now it has risen by ₹10100 over two days.

Today in Delhi, one kilogram of silver is sold at ₹2,10,100, which is 100 rupees higher, and this same rate applies in other cities. The exception is Chennai, where a kilogram of silver is available for ₹2,09,000.

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