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INDIA BUSINESS | Sun, 30 Nov 2025, 11:40AM IST Mahindra & Mahindra will continue its strategy of offering premium, differentiated SUVs and electric vehicles, eschewing immediate plans for CNG or other alternate fuels. The company aims to strengthen its domestic passenger vehicle presence by focusing on these core areas and introducing multiple new SUV models by 2029. EVs are projected to constitute 25% of overall volumes by 2028.

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INDIA NEWS | Sun, 30 Nov 2025, 11:37AM IST Mahindra & Mahindra plans to stick to its strategy of offering premium and differentiated vehicles, comprising internal combustion engine-powered SUVs and electric vehicles, in order to further strengthen its presence in the domestic passenger vehicle segment, according to a top company executive. The Mumbai-based auto major has no immediate plans to introduce CNG and other alternate fuel technologies in its product range as it wants to stick to its core brand identity and cater to a customer base which seeks differentiated products. "Our focus has been ICE and electric, and we are fairly growing in these areas. In our personal vehicle portfolio, the customers want to have differentiated products; they do not want to be in the mass market," Mahindra & Mahindra President - Automotive Business R Velusamy told PTI in an interaction. He noted that the company remains firmly focussed on the SUV segments with plans to drive in multiple models over the next four years. The automaker, however, has no immediate plans to cater to the multi-purpose vehicle (MPV) segment, he added. Velusamy noted that the automaker is focussing on maintaining its competitive edge in the domestic passenger vehicle segment through various initiatives like operational efficiency and technological advancements. He noted that the SUV segment is still growing and the company plans to drive in more models between now and 2029. In the electric vehicle segment, the company plans to sell around 7,000 electric vehicle units by the end of this fiscal year. The company aims for the electric range to account for around 25 per cent of its overall volumes by 2028. Mahindra has already sold over 30,000 EVs (BE 6 and XEV 9) over the last seven months, raking in a revenue of around Rs 8,000 crore.

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INDIA MARKET | Sun, 30 Nov 2025, 11:36AM IST Despite the Nifty hitting fresh lifetime highs, the broader market weakened sharply as smallcaps saw steep declines driven by profit-taking, stretched valuations, and thin liquidity. Several stocks collapsed between 28% and 61% in five sessions, highlighting a widening divergence between headline indices and the vulnerable smallcap universe.

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INDIA MARKET | Sun, 30 Nov 2025, 11:32AM IST With markets trading at elevated levels, the week ahead is poised to be a pivotal one, as several key domestic and global triggers will determine whether equities can extend their winning streak

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INDIA BUSINESS | Sun, 30 Nov 2025, 11:28AM IST A high-level expert committee set up by the Petroleum and Natural Gas Regulatory Board (PNGRB) has called for sweeping structural reforms to create a free, competitive natural gas market in India, arguing that market-driven pricing and open access are essential for the country's clean energy transition. In its report, Vision 2040 - Natural Gas Infrastructure in India, the panel led by former PNGRB chairperson D K Sarraf said a liberalised gas market would enhance transparency, spur investment, improve resource allocation and deepen liquidity. A competitive system, it said, would remove current market distortions and attract new players across exploration, pipelines, LNG terminals and city gas distribution. Natural gas, extracted from underground and offshore reservoirs, is used to generate power, produce fertiliser, turned into CNG to power vehicles, piped to household kitchens for cooking and serve as feedstock across several industries. Seen as a key transition fuel as India shift

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INDIA MARKET | Sun, 30 Nov 2025, 11:27AM IST Nifty ended the week slightly lower after a range-bound trade, with financials and IT weighing while autos and FMCG provided support. Analysts expect the index to remain within a tight band, with 26,100 acting as support and 26,30026,350 as resistance. Five stock ideas for Monday highlight strong technical breakouts and bullish momentum.

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INDIA MARKET | Sun, 30 Nov 2025, 11:16AM IST Market momentum continued as indices strengthened within a two-month channel supported by steady sector performance and stable global cues. Short-term consolidation persisted, though sentiment stayed constructive. Technical indicators pointed to resilience despite volatility, with traders watching breakout levels as institutional flows and macro trends guided expectations for the upcoming sessions

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INDIA BUSINESS | Sun, 30 Nov 2025, 11:14AM IST Dalmia Cement (Bharat) Ltd (DCBL), a wholly-owned subsidiary of Dalmia Bharat, has received two show cause notices totalling Rs 266.3 crore from the Sales Tax Office. The notices are "issued under section 74 of the Central GST/Tamil Nadu GST Act 2017 for AY 2019-20 and AY 2022-23, the concerned Sales Tax Officer, Lalgudi, Tiruchirapalli, Tamil Nadu," according to a regulatory filing from Dalmia Bharat. For Assessment Year 2019-20, the authorities demanded a tax of Rs 128.39 crore along with a penalty of Rs 19.25 crore. For 2022-23, the show-cause notice has demanded a tax of Rs 59.32 crore, along with a penalty of the same amount. This pertains to some differences observed in taxable turnover and amount of ITC (input tax credit) for the assessment years 2019-20 and 2022-23, it said. "The Orders were received on November 28, 2025," the company said, adding "there will be no financial impact on DCBL" from these show-cause notices. Founded in 1939, Dalmia Bharat is the fourth-larges

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INDIA NEWS | Sun, 30 Nov 2025, 11:13AM IST Dalmia Cement (Bharat) Ltd (DCBL), a wholly-owned subsidiary of Dalmia Bharat, has received two show cause notices totalling Rs 266.3 crore from the Sales Tax Office.The notices are "issued under section 74 of the Central GST/Tamil Nadu GST Act 2017 for AY 2019-20 and AY 2022-23, the concerned Sales Tax Officer, Lalgudi, Tiruchirapalli, Tamil Nadu," according to a regulatory filing from Dalmia Bharat.For Assessment Year 2019-20, the authorities demanded a tax of Rs 128.39 crore along with a penalty of Rs 19.25 crore.For 2022-23, the show-cause notice has demanded a tax of Rs 59.32 crore, along with a penalty of the same amount.This pertains to some differences observed in taxable turnover and amount of ITC (input tax credit) for the assessment years 2019-20 and 2022-23, it said."The Orders were received on November 28, 2025," the company said, adding "there will be no financial impact on DCBL" from these show-cause notices.Founded in 1939, Dalmia Bharat is the fourth-largest cement manufacturer in India, with an installed capacity of 49.5 million tonnes per annum (MTPA).

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INDIA BUSINESS | Sun, 30 Nov 2025, 11:13AM IST Dalmia Cement Bharat Ltd has received two show cause notices from the Sales Tax Office. The notices are for Rs 266.3 crore concerning assessment years 2019-20 and 2022-23. These relate to differences in taxable turnover and input tax credit.

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INDIA MARKET | Sun, 30 Nov 2025, 11:11AM IST According to him, India's robust consumption story, aided by GST and income-tax rationalisation, has encouraged many consumer-facing businesses to consider listing

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INDIA MARKET | Sun, 30 Nov 2025, 11:09AM IST The market capitalisation (mcap) of Hindustan Unilever edged higher by Rs 7,671.41 crore to Rs 5,79,644.16 crore, and that of State Bank of India went up by Rs 6,415.28 crore to Rs 9,04,185.15 crore

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INDIA MARKET | Sun, 30 Nov 2025, 11:06AM IST US President Donald Trump and India's External Affairs Minister S Jaishankar. (File)

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INDIA BUSINESS | Sun, 30 Nov 2025, 11:01AM IST Mahindra plans to deploy 1,000 ultra-fast highway chargers by 2027 across 250 major corridors, complementing its growing INGLO-based electric SUV lineup and rising EV production capacity

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INDIA BUSINESS | Sun, 30 Nov 2025, 10:56AM IST The airline added that its engineering and ground teams worked round the clock to ensure there were no cancellations and minimal impact on flight schedules

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INDIA MARKET | Sun, 30 Nov 2025, 10:51AM IST This exceptional pipeline not only reflected the confidence of issuers but also highlighted investors' appetite to seize listing-day gains or back companies with strong long-term growth potential

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INDIA NEWS | Sun, 30 Nov 2025, 10:43AM IST As Pakistan and Afghanistan have escalated military clashes and closed their borders, Pakistani authorities have intensified mass expulsions of Afghans, saying they can no longer accommodate the decades-old refugee community. So far this year, about 1 million of the 3 million Afghans living in Pakistan have been deported or forced to return to Afghanistan, a country where many have never lived and where jobs and affordable housing are scarce amid a worsening humanitarian crisis. Many have lived their whole lives in Pakistan, which had served as a haven during Afghanistan's successive wars since the Soviet Union's invasion in 1979. It no longer is. On a recent evening on the outskirts of Karachi, Pakistan's largest city, four families with children, including an infant just 7 days old, were loading a truck with their lifelong possessions -- bed frames, chickens, water jerrycans and a few pieces of luggage. Saifuddin, who goes by one name, said they had decided to leave before the crackdown on Afghans got worse. They had heard calls to go back to Afghanistan both at the mosque where they prayed and from the loudspeakers on police cars patrolling their slum. "Even after 45 years here, this isn't our land," he said. "And we don't have a single home in Afghanistan." Large numbers of Afghans have moved back and forth for decades, especially in the countries' border areas that share linguistic and cultural ties. Expulsions are not new, but the indiscriminate nature of the current drive is. Pakistan has vowed to expel all Afghans, no matter what their immigration status is or if they face danger upon their return to Afghanistan. Pakistan's push overlaps with moves by Western nations to restrict or prohibit Afghans from entering. The Trump administration said that it had stopped processing immigration applications from Afghanistan, and that it would review the status of Afghan asylum-seekers already in the United States, including those who worked for U.S. or NATO forces during the U.S.-led war, after the shooting Wednesday of two National Guard troops in Washington. The main suspect is Afghan. Iran, another of Afghanistan's neighbors, has also deported or forced out more than 1.5 million Afghans this year. The large Afghan refugee communities abroad have served as a lifeline for Afghanistan, sending money back home and driving cross-border trade that has helped keep a battered Afghan economy afloat. But as Pakistan and Iran have faced their own economic crises, their governments have amped up the xenophobic rhetoric in recent months and accelerated large-scale expulsions that they initiated in 2023. Since then, the two nations have expelled or forcibly returned more than 4.5 million Afghans. More than half of those -- 2.5 million -- were driven out this year. Pakistani authorities have urged landlords to kick Afghan families out of apartments and encouraged citizens in at least one province to help them deport Afghans through a whistleblower system. They have arrested 12 times as many Afghans this year than in all of last year, according to the United Nations' refugee agency. "The scale of deportations and forced repatriations has been brutal," said Sanaa Alimia, a professor of political science at the London-based Agha Khan University who has studied the Afghan community in Pakistan. Those leaving before they get arrested, like Saifuddin's family, have become a common sight on Pakistan's roads, loaded aboard colorful trucks that carry entire families and their possessions to the border. They are being driven out of the slums of Karachi, where many lived by collecting metal scraps or other garbage. Others have left the city of Lahore, where they worked as day laborers and mechanics, and the onion fields and coal mines of Balochistan, where they served as a cheap, hardworking labor force. "We're at the mercy of the Pakistani authorities," said Mehrafzon Jalili, 24, a former Afghan dentistry student who for months lived in a tent encampment in a park in Islamabad, Pakistan's capital. She shared the park with hundreds of other Afghan families who were evicted from their homes this year. In the early hours of Tuesday, Pakistani police swept in to arrest the stranded Afghans and take them to a deportation facility, according to Jalili and another Afghan woman in the encampment, who shared videos of the raid with The New York Times. The mass migrations of Afghans into Pakistan began after the Soviet invasion, when Islamabad welcomed them as "holy warriors" and "Islamic brethren." But the official messaging has shifted over the decades, increasingly portraying them as "criminals," "drug peddlers" and, most recently, "terrorists." "We have been welcoming and hosting them with open arms for decades," Gen. Ahmed Sharif Chaudhry, the spokesperson for Pakistan's armed forces, said in an interview this year. "But a large number of Afghans are involved in criminal activities." Pakistani officials now argue that all Afghans in the country are a threat to national security. They have said that the attacker behind the bombing of a courthouse in Islamabad that killed 12 people this month was Afghan. A faction of the Pakistani Taliban, which is independent but has pledged allegiance to the Taliban government ruling Afghanistan, claimed responsibility for the attack. Pakistani authorities accuse the Afghan government of financing and sheltering militants of the resurgent Pakistani Taliban, which has staged regular attacks on security forces within Pakistan. Tensions between the two countries escalated this past week, when a suicide attack on the headquarters of paramilitary forces in the western Pakistani city of Peshawar, near the border with Afghanistan, killed three officers and wounded 11 others. President Asif Ali Zardari of Pakistan blamed the Pakistani Taliban for the attack. Pakistan has retaliated in recent months by launching airstrikes on Afghanistan's two largest cities and in the border areas that have long been a hotbed of insurgent activities. On Tuesday, the Taliban government spokesperson, Zabihullah Mujahid, accused Pakistan of killing 10 people in air raids overnight. The Pakistani military denied responsibility. Afghan security forces have struck back by attacking Pakistani military posts, in a sharp spiral of violence this fall that killed dozens and has pushed regional powers like Qatar, Turkey, Iran and Russia to try to mediate between the two belligerents, to little success so far. Afghan nationals in Pakistan have been caught in the middle of the rising tensions. Authorities have refused to renew the visas of Afghans who have lived in Pakistan for their entire lives, including children born there. Some 620,000 of the Afghans living in Pakistan are younger than 15. "Expelled young Afghans will remember it for generations," said Saba Gul Khattak, an independent Pakistani researcher who has campaigned for better treatment of Afghans. While many wealthier Afghans have avoided deportation so far through connections or bribes to renew their visas, the expulsion drive has fallen hardest on the poor. Jalili and the families who were arrested in the park are among those who face expulsion. She worked for years as a hospital receptionist, serving as the main breadwinner for her mother and three of her siblings, until her family's Pakistani landlord kicked them out of their apartment. Her father was an Afghan army colonel who was arrested and killed by the Taliban while in hiding in Kabul, Afghanistan's capital, she said. At night, when a shivering cold fell on the park, Afghan men and teenage boys took turns standing at entries to protect the community. But they could do little when police cleared the park and forced the Afghan families onto buses. Jalili has a valid visa and said in text messages from the detention facility that she hopes she and her family will not be sent back to Afghanistan. "But what about others?" she wrote. "They will deport them. Who will ask?"

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INDIA MARKET | Sun, 30 Nov 2025, 10:34AM IST From the top-10 pack, Reliance Industries, HDFC Bank, ICICI Bank, State Bank of India, Infosys, Bajaj Finance and Hindustan Unilever were the gainers

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INDIA MARKET | Sun, 30 Nov 2025, 10:15AM IST Trendlynes consensus estimates show that several mid-cap stocks are projected to deliver 25%40% returns over the next 12 months. This data-driven analysis highlights 11 midcap names with strong upside potential based on analyst targets and market expectations.

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INDIA MARKET | Sun, 30 Nov 2025, 10:02AM IST The rally was underpinned largely by growing expectations of a 25 basis point rate cut by the U.S. Federal Reserve in December, which lifted global market sentiment. Hopes of progress in the RussiaUkraine talks also lent support, raising expectations of softer crude oil prices. On the domestic front, robust growth projections and resilience in select sectors bolstered investor confidence, although persistent concerns around weak exports continued to weigh on the upside.

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INDIA MARKET | Sun, 30 Nov 2025, 9:59AM IST Meesho is witnessing strong investor interest ahead of its Rs 5,421-crore IPO, with grey market signals suggesting a ~30% listing premium over the issue price of Rs 111. The offering includes a fresh issue of Rs 4,250 crore and an OFS of 10.55 crore shares by existing investors. The IPO opens on December 3, with expectations of a robust market debut driven by upbeat demand cues.

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INDIA MARKET | Sun, 30 Nov 2025, 9:44AM IST Wall Street giants anticipate a rebound for India's underperforming markets in 2026, citing stabilizing earnings and policy support. Despite recent headwinds from US tariffs and a weaker rupee, early signs of recovery are emerging, with potential shifts in global investment flows favoring India.

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INDIA MARKET | Sun, 30 Nov 2025, 9:33AM IST In the past three months, 12 penny stocks gained 20%318%, with three becoming multibaggers. These stocks were selected using filters such as market capitalisation below Rs 1,000 crore, share price under Rs 20, and trading volume above 5 lakh, highlighting actively traded micro-caps showing strong momentum.

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INDIA MARKET | Sun, 30 Nov 2025, 9:24AM IST The shares for Luxury Time are anticipated to be allotted on Tuesday, December 09, 2025 and on Wednesday, December 10, 2025, the shares will be credited to the demat account of the allottees

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INDIA NEWS | Sun, 30 Nov 2025, 9:11AM IST China's factory activity shrank for an eighth month in November while services activity cooled, highlighting the dilemma facing policymakers over whether to press ahead with tough structural reforms or roll out more stimulus to lift domestic demand.The manufacturing purchasing managers' index (PMI) rose to 49.2 in November from 49.0 in October, the National Bureau of Statistics' survey showed on Sunday, remaining below the 50-point mark separating growth from contraction. It was in line with analysts' forecast of 49.2 in a Reuters poll.Sub-indexes of new orders and new export orders both improved from October, but were still below 50.The data reflects manufacturers' difficulty in sustaining a post-COVID recovery, compounded by a trade war with the U.S. that has ramped up pressure on businesses.The non-manufacturing PMI, which includes services and construction, fell to 49.5 from 50.1 in October, shrinking for the first time since December 2022.Services PMI, in particular, fell below 50 for the first time since September 2024 and marked the lowest since December 2023, as the boost from October's holiday waned in November, according to the NBS.For decades, China's policymakers have had two reliable levers to juice growth: revving up its huge industrial machine to boost exports when household spending softened, or unleashing state-funded infrastructure projects to drive momentum.But with a global slowdown, a protracted property crisis and local governments straining under their debts, officials are finding it hard to jump-start activity, putting renewed focus on the need for economic reforms.Growth in the world's second-largest economy slumped to its weakest pace in a year in the third quarter, underscoring its vulnerability to the impact of slower external demand.Policymakers acknowledge the need for reforms to correct long-standing supply-demand imbalances, lift household spending and address the heavy local government debt that prevents many provinces - some with economies the size of countries - from standing on their own.Even so, they recognise that such structural changes will be painful and carry political risks at a time when U.S. President Donald Trump's trade war is piling additional pressure on the economy.China unveiled a new plan to boost consumption on Wednesday, homing in on upgrades of consumer goods in rural areas and sectors such as "pet, anime and trendy toys."Analysts polled by Reuters forecast the private-sector RatingDog PMI to come in at 50.5, down slightly from 50.6 a month prior.

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INDIA MARKET | Sun, 30 Nov 2025, 9:09AM IST Lenskart's maiden quarterly results as a public entity reveal a robust 21% revenue surge to 2,096 crore and a 20% net profit jump to 103 crore. The eyewear giant, driven by technology and an omnichannel strategy, is poised for further growth, planning over 450 new stores this fiscal year and launching AI-powered smart glasses.

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INDIA BUSINESS | Sun, 30 Nov 2025, 9:01AM IST China is at the forefront of a groundbreaking era, rapidly developing flying cars with factories already testing production methods aimed for delivery as soon as next year. This innovative leap is a natural extension of China's expertise in drones and electric vehicles, bolstered by robust government backing that accelerates the growth of the burgeoning 'low-altitude economy'.

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INDIA BUSINESS | Sun, 30 Nov 2025, 8:46AM IST Airlines that said they had completed or nearly finished all their software updates on Saturday included American Airlines , United Airlines, Air India, Delta Air Lines , Hungary's Wizz Air, Mexico's Volaris , Air Arabia, Saudi Arabia's Flyadeal, and Taiwan's carriers. Many reported no impact on operations.

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INDIA MARKET | Sun, 30 Nov 2025, 8:08AM IST A recent leak from ChatGPT's Android beta app, along with public signals from OpenAI's Sam Altman, points to the company preparing for an advertising-supported version of its AI assistant

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INDIA NEWS | Sun, 30 Nov 2025, 7:17AM IST Who would have thought that a century old Chinese game of tile and tactics would find a chic resurgence in urban India? What began as a casual curiosity for a few has turned into a full-blown cultural moment. Mahjong is no longer a quiet pastime but an obsession and, surprisingly, a restorative form of self-care. No matter how long the day or how loud the mental clutter, Im never too tired to play. Theres something self-soothing about sitting at the table, running my fingers through the cool, smooth tiles and letting their rhythm reset my mind.At its heart, mahjong thrives on contradictions. It demands focus yet rewards intuition, encourages patience but punishes hesitation. Each game unfolds across four winds East, South, West and North with the rules shifting subtly across regions and even cities. American Mahjong, for instance, plays by its own scorecards, while in Mumbai, Mahjong Gita reigns supremea homegrown version devised by the late Gita Patel, an ardent enthusiast whose love for the game led her to craft an ingenious set of rules that now govern the most competitive play.TILE TRAVELLERSFortunes in mahjong shift as swiftly as the shuffle of tiles. Four players draw and discard, balancing strategy with serendipity, as they race to rearrange a random set of tiles into coherent patterns that deliver not just a win, but a higher score stacked with doubles, with the Holy Grail of a Major Hand built on winds and dragons. To paraphrase actor Julia Roberts, the beauty of the game lies in finding order within chaos. And when that chaos finally settles into harmony, there is an indescribable pleasure to mahjonging. Winning is a complete sensory experience tactile, visual and most of all, cerebral.For many, though, it is less about victory and more about the meditative act of rewiring the mind guided by an almost ASMR-like soundscape. Once played with ivory and bamboo tiles that felt cool and weighty in the hand, the same rituals now unfold over engraved acrylic or resin sets. Yet that distinct clack, sharp but soothing, still anchors the experience. The soft scrape of tiles as they are shuffled into neat lines, the deft click as opponents rack theirsfaces expressionless, betraying nothingits a rhythm in itself. In those moments, the outside world fades. Its no longer about luck or logic, but the calm that comes from seeing order take shape, the quiet satisfaction of building something out of nothing.Of course, mahjong isnt a solitary pleasure. Originating in Qing-dynasty China, mahjong once travelled the world, tucked away in lacquered boxes, enchanting Western drawing rooms in the 1920s, before finding its way into the barracks of India where it became both a social ritual and an exercise in quiet intellect for army wives. Its revival in urban India feels like a full circle, mirroring not just a broader cultural longing for tactile connection in a digital age, but also a vociferous appetite for mentally engaging pursuits in a doomscroll era.GAME FOR ALL AGESEveryone seems to be playing it these daysfrom long-time loyalists like my Nani to a new wave of enthusiasts. Perhaps thats part of its modern allure. In an era when our attention spans are splintered, mahjong brings people together, bridging generations, lifestyles, professions and even temperaments.My sessions with the girls are the most cherished part of my week. Sometimes we sip tea, most often wine. Sometimes competition is light, other times ruthlessbut there is always an unspoken camaraderie that only comes from a shared obsession. Between shuffles and discards, we swap life updates, vent about work and moan about the perils of parenting today.Over time, Ive realised that the lessons from the table extend far beyond it. Mahjong is a lesson in patienceyou cant force the right tiles to come to you. It rewards observationwhats discarded often tells you more than whats kept. You find beauty in strategy, luck in surrender and above all, resiliencebecause sometimes, even after the perfect setup, the winds shift and you start again. In the end, mahjong is about more than just finding order in chaos. Its about finding yourself in the soft clatter of those tiles.The writer is an economist and founder of The Foodie Diaries

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