30 C 
A North Central Railway employee challenged his transfer from Prayagraj to Fatehpur after claiming his senior officer approved two extra days of leave through a WhatsApp 'OK'. The Allahabad bench of the Central Administrative Tribunal ruled that the message did not conclusively establish official leave sanction and upheld the transfer, accepting the Railways' administrative justification.
Greece passes social media ban for children under 15
In a significant move towards online safety, Greece's parliament has enacted a law banning social media usage for children under 15, set to take effect on January 1, 2027. Prime Minister Kyriakos Mitsotakis highlighted the importance of implementing age verification methods to safeguard minors. This initiative, in collaboration with six other EU countries and the European Commission, aims to assist parents in controlling their children's social media habits.
EPFO has explained how long an EPF account continues to earn interest after an employee retires at 58. Interest continues to be credited for 3 years, up to age 61, after which the account becomes inoperative. Heres how the rule works and what retirees should consider before withdrawing savings.
Piyush Goyal discusses investment opportunities with Bayer, Fresenius
Piyush Goyal held meetings with Bayer and Fresenius executives to discuss investment opportunities in India's healthcare sector. During these discussions, Goyal explored Bayer's expansion plans and potential collaborations in healthcare. He also examined how Fresenius can leverage India's skilled workforce for the healthcare market. Additionally, Goyal engaged with Knauf Group regarding sustainable construction materials and manufacturing operations in India. These meetings highlight India's growing role in global healthcare and manufacturing.
Stock Markets on Oct 23: Sensex, Nifty open higher as IT stocks rally
Indian equity benchmarks, the Sensex and Nifty, opened higher on Friday, driven by a strong rally in IT stocks, despite a significant overnight decline in US technology shares and broader Asian markets. Experts anticipate further market support from falling US bond yields, a strengthening rupee, and a substantial liquidity inflow following the Jio Platforms IPO allotment. Track
IMD signals possible Bay of Bengal cyclone by Monday, AP-Odisha coast in focus
A parent low-pressure area is expected to move west-north-westwards over Bay, intensifying into a deep depression by Sunday and a cyclonic storm over the west-central Bay by Monday morning
Sovereign Gold Bonds: RBI has set the final redemption price of SGB 2018-19 Series II at 14,425 per gram today, October 23, 2026. Investors who purchased the bonds at the original issue price can earn capital gains of up to 366%, excluding interest and taxes.
Gold and silver prices witnessed a sharp decline on October 23, ahead of Diwali, with silver hitting a seven-month low and gold falling to a two-month low amid rising crude oil prices, inflation concerns and expectations of higher US interest rates.
Indias October business growth hits 4-month high; hiring stalls, PMI shows
A services PMI rose to 56.2 from 55.2, driving the majority of the acceleration in private-sector output
Prabhas is celebrating his birthday on October 23 while preparing for the anticipated release of Fauzi in 2027. He owns various luxury properties, including a villa in Hyderabad and a vacation home in Italy. His ancestral property in Mogalthur has historic significance and traditional architecture that reflect his family's roots. Scroll down and take a look.
While the Centre has not confirmed an announcement date govt employees and pensioners are anticipating a dearness allowance hike during the next Union Cabinet meeting reportedly scheduled for 28 October.
India October business growth hits 4-month high; hiring stalls, PMI shows
India's business activity expanded at its fastest pace in four months through a strong services-led pickup. The Composite Purchasing Managers' Index rose to 56.7 in October, exceeding forecasts due to increased orders. Despite this growth, hiring remained stagnant as companies managed workloads with current staff. Price pressures eased, resulting in lower input-cost inflation across both sectors. Overall, business confidence improved but remained below the average for the year.
European carmakers explore India manufacturing as German firms plan investments
German companies have announced $7.4 billion in investments in India over two and a half years, with further opportunities emerging across sectors.
Prabhas revealed that his father, film producer Uppalapati Surya Narayana Raju, faced regular financial crises despite their film industry connections. Recalling his college days, the actor said travelling by bus taught him to work harder. A BTech graduate who later studied acting, Prabhas rose to fame with Baahubali and went on to headline several blockbusters.
Rupee rises 3 paise to 94.78 against US dollar during early trade
The rupee traded in a narrow range and edged up 3 paise to 94.78 against the US dollar in early trade on Friday amid elevated crude oil prices and foreign fund outflows. Forex traders said rupee is under pressure amid persistent macroeconomic headwinds, including global dollar strength and Brent crude prices hovering near USD 113 per barrel. At the interbank foreign exchange market, the rupee opened at 94.78, registering a gain of 3 paise over its previous close. On Thursday, the rupee closed at 94.81 against the American currency. Foreign investors turned cautious seeking safe-haven greenback assets amid elevated US Treasury yields, said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading at 101.64, higher by 0.04 per cent. Brent crude, the global oil benchmark, was trading higher by 0.42 per cent at USD 113.65 per barrel in .
As hotels seek quality talent, salaries of senior roles see substantial jump
Senior hospitality executives, particularly general managers, have seen substantial pay increases due to market demand and talent shortages. Compensation for luxury hotel general managers has risen by 40-75% over three years, reflecting a competitive environment. Key roles in operations, sales, and marketing are also witnessing significant pay growth. In tier-II cities, general managers now earn between Rs 75-80 lakh, compared to earlier figures.
Welspun Corp bags 5,500 crore US natural gas pipeline order
Welspun Corp has announced that its US subsidiary, Welspun Tubular LLC, secured a significant order worth 5,500 crore. This order involves supplying coated line pipes for a gas pipeline project in the Permian region. The project will cater to a data centre complex operated by a leading global infrastructure company. Execution of the order will take place at Welspun's US facility in FY29.
Following the death of Presley Gerber at a rehab facility, several employees have resigned from their positions. Reports indicate that staff morale has significantly declined after this tragic incident took place. Many residents have also chosen to leave the facility due to concerns about safety and care. The facility had already been admitting residents needing higher levels of care prior to the incident.
US crude stays costly for India despite Rubio push; Venezuela offers value
Refiners say record freight rates and crude quality make US barrels less attractive, while discounted Venezuelan oil offers better economics but remains supply-constrained
Gold and silver prices today, 23 October: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.
Auditions for the next James Bond actor are nearing completion as final screen tests are scheduled soon. Several actors, including Jack Lowden, Josh OConnor, and Callum Turner, have been chosen for testing. Amazon MGM Studios is producing the next Bond film, with Denis Villeneuve directing after finishing the Dune trilogy. The casting director Nina Gold started the search for the new Bond in May 2026.
Tom Skerritt dies at 93: Here's all about the 'Top Gun' actor's three wives and five children
At the age of 93, Tom Skerritt has passed away, leaving behind a rich legacy in the world of film and television. Best known for his work in 'Picket Fences' and 'Top Gun', Skerritt was not just an extraordinary actor but also a loving father to five children from his three marriages. His family highlighted his humor and wisdom in a moving tribute shared with the media.
Streaming platforms have something for everyone, featuring an array of films and shows that span genres. Highlights include Chaar Yaar and Lupin Part 4, which captivate audiences with their intriguing plots. Dhoomakethu offers a fresh twist with its comedic time-loop premise, while The Paradise enhances the period action genre. Read on to know where to watch them online.
Two people, same salary, 20 years: CA Nitin Kaushik reveals what separates the wealthy from the rest
CA Nitin Kaushik explains why two people earning the same salary for 20 years can build vastly different wealth. He says financial security depends on managing money wisely, investing in assets, understanding debt and maintaining emergency savings. Rather than focusing only on income, he urges people to assess their assets and financial resilience.
ICICI Bank will revise charges on cash deposits and withdrawals beyond the free limit, demand drafts and ECS debit returns from 1 December 2026, according to an email to customers. Free monthly limits and the ECS return cap are unchanged. Heres what customers should check before transacting.
Sanjay Leela Bhansali's direction on the sets of Hum Dil De Chuke Sanam created memorable moments. Smita Jayakar recently revealed that Salman Khan was scolded by Bhansali for unexpectedly touching Aishwarya Rai Bachchan's arm. Their off-screen chemistry was evident and contributed to the film's emotional scenes.
UAE shuts down all Umm Al Quwain beaches
The UAE has temporarily closed all beaches and coastal areas in Umm Al Quwain after a tanker oil spill affected its shoreline, while authorities said odors reported in Sharjah, Ajman and Umm Al Quwain pose no health risks to residents.The Ministry of Climate Change and Environment said its technical monitoring and environmental assessment system detected the oil spill.Teams immediately began containment, cordoning, cleanup and remediation operations in coordination with local and federal authorities to limit the environmental impact, it added.— MoCCaEUAE (@MoCCaEUAE) Odors noticed in Sharjah, Ajman and Umm Al Quwain pose no health risks to residents, the ministry said.The temporary closures will remain in place until technical teams complete their assessments and identify the necessary safety and marine protection measures, the ministry said.Precautionary coastal surveys, monitoring and environmental assessments are continuing to gauge the impact of the spill and protect the marine environment.The ministry urged fishermen and other sea users to follow instructions issued by the authorities and avoid fishing in affected areas.It also called on the public to rely on official channels for information and avoid spreading rumours, adding that it would provide updates on developments and the measures being taken.
SpaceX says potential Tesla merger would need Musk's approval
SpaceX has stated that any potential merger with Tesla will require Elon Musk's approval. Despite Musk's recusal from talks due to conflicts of interest, his endorsement raises concerns. Analysts believe a merger is likely, although opinions vary on shareholder compensation. Musk's recent comments have caused issues that may lead to delays in the process. The special committee and board of directors will review and approve any potential combination.
Sebi said certain unregistered persons were offering stock recommendations to investors through invitation-only WhatsApp groups in the name of free investor education.
Qatar Energy locks in US LNG supply from Cheniere as Hormuz disruption drags on
Qatar Energy has signed a significant liquefied natural gas agreement with Cheniere Energy to purchase 4 million metric tons annually. The deal ensures supply flexibility as tensions in the Strait of Hormuz could affect exports. Two million metric tons per year will come from Cheniere's Sabine Pass facility, while the remaining will be sourced from Corpus Christi.
8th Pay Commission: How higher basic pay could boost your earnings over 20 years Expert explains
The 8th Pay Commission is holding consultations in Mumbai on 22-23 October. Unions have sought a minimum basic pay of 69,000-72,000 and higher increments. An expert explains how a higher basic pay can raise DA, HRA, pension and gratuity over a 20-year career. These are proposals, not approved.
Punjab government employees staged a mass casual leave protest demanding pending dearness allowance payments, restoration of the Old Pension Scheme, pension revisions and reinstatement of discontinued allowances.
Jailer 2, featuring the legendary Rajinikanth and helmed by director Nelson Dilipkumar, has achieved a remarkable box office milestone, surpassing Rs 600 crore globally. Released on October 15, the film has been captivating audiences in diverse languages such as Tamil, Telugu, Hindi, and Kannada. Read on!
International investing for Indians: Mutual funds, GIFT City or direct stocks?
Indian investors have several ways to access global markets, from domestic international mutual funds and GIFT City-based funds to direct overseas investing. Each route differs in cost, accessibility, control, and compliance requirements. Understanding these distinctions can help investors evaluate which approach aligns with their existing portfolio, financial goals, and comfort with managing international investments.
Back to classrooms: Where Indias top leaders go to learn, and who can be in the room
Explore how top leaders attend executive masterclasses with global institutions like NTU Singapore and LSE. Partnering with these programs lets enterprise sponsors directly engage CXOs in high-trust, learning-focused environments, driving category authority and high-intent revenue growth.
A Japanese giant is quietly taking a bigger shelf in Indias wardrobes
Uniqlo India's revenue increased by 44% to Rs 1,724 crore in the last financial year. The brand's focus on everyday essentials contrasts with fashion-led competitors like Zara and H&M. Consumers are increasingly prioritizing quality and versatility rather than simply seeking trendy items. A report indicates that many people make fashion purchases based on necessity rather than impulse.
Shazam! actor Michael Gray dies at 75: What we know about his cause of death
Michael Gray, beloved for his role as Billy Batson in the iconic 1970s series Shazam!, has passed away at the age of 75. His death was attributed to natural causes following a period of declining health. Beginning his television journey in 1972 with NBC's The Little People, Gray left a mark with various memorable roles. Notably, he made a cameo appearance in 2023's Shazam! Fury of the Gods.
Why wealthy entrepreneurs are buying businesses for their kids to run
For older entrepreneurs who arent quite ready to retire, buying and growing a business with their children becomes part hobby and part training ground for the next generation.
I expect SIPs to disappoint investors: Shankar Sharma
Calling heavy retail flows a threat to macroeconomic stability, market veteran Shankar Sharma warns that SIPs will yield poor returns and advises investors to prioritize fixed income, gold, and real estate.
Tata Electronics wants bigger bite of Apple
eMudhra cofounder on what went wrong
Explainer: Decoding eMudhras keys to chaos
Government plans to pare stakes in 4 PSU banks to 75%
The Union government announced in the 2021-22 budget that, besides IDBI Bank, it would take up two public sector banks and one general insurance company for privatisation.
Samsung to boost India phone exports under new incentive scheme
The South Korean electronics giant is considering expanding India production, including making fresh investments, to boost exports from here. But if the international market continues to contract due to the high cost of memory chips, it could explore a shift of capacity.
Iran Caps Dollar Purchases At $1,000 Per Day Amid Sanctions-Hit Economy
According to Fars news agency, under the latest rules for banks and exchange offices, buyers may purchase up to $10,000 in total, capped at $1,000 per day.
eMudhra exits website security certification business after vulnerability
Digital authentication services company eMudhra has announced its decision to exit the global SSL/TLS certificate business after a vulnerability was discovered in the security keys issued by its certification authorities, leading to a 20 per cent drop in its shares.
Ultraviolette launches X-47 Venom electric motorcycle at Rs 2.65 lakh
Ultraviolette has launched the X-47 Venom electric motorcycle at an introductory price of Rs 2.65 lakh. Bookings for the motorcycle began on October 22, with expected deliveries starting in November 2026. The X-47 Venom features advanced battery technology and motor capabilities for enhanced performance and safety. Additionally, it comes with innovative rider safety vests that offer significant protection.
MPC minutes: Two more interest rate hikes on cards, maybe even a third
Market participants and economists now expect a 25-bps increase in the December and February reviews. A further 25-bps increase in April isn't ruled out if crude oil prices remain persistently above $100. One basis point is a hundredth of a percentage point. After the minutes were released, we think the probability of a consecutive hike in December has increased. Our terminal rate forecast is now at 6% for this hiking cycle and we expect the cycle to be rather shallow, Barclays said in a note.
Centre flags land, green tape hurdles in infra projects
Delays in land acquisition and obtaining various environmental clearances have significantly impacted the progress of infrastructure projects. Although central agencies are improving approval times, states are still facing lengthy procedures for necessary permits. Utility shifting is also causing major disruptions, often taking longer than projected. The recent analysis reveals a considerable increase in costs due to pre-construction delays.
SBI weighs data leak impact, alerts cyber cover provider
SBI may seek a claim under a Rs 1,425-crore cyber insurance policy with Oriental Insurance following a suspected leak of customer data, people familiar with the matter told ET. SBI is in the process of notifying the insurer about the claim, said a person aware of the development.
Aramco asks staff to evacuate Dhahran HQ
Saudi state oil company Aramco has told staff to evacuate its headquarters in Dhahran on the Gulf, six people with knowledge of the matter said on Thursday, as fighting between the world's largest crude exporter and Yemen's Iran-aligned Houthis intensifies.The US ordered the departure of some diplomats and their families from Saudi Arabia due to the threat from Houthi militants, after the Iran-backed group carried out deadly strikes from Yemen.Clashes between the Houthis and a Saudi-led coalition that backs Yemen's internationally recognised government have raged since the group pushed towards Bab el-Mandeb, a shipping chokepoint at the Red Sea's mouth.The instruction to staff to evacuate the building and work remotely follows a wave of Houthi attacks on the kingdom, targeting the company and Saudi airports. The company did not immediately respond to a request for comment.Also read | How the Mecca defense agreement between Turkey, Pakistan and Saudi Arabia will workIt was unclear what the reason for the evacuation was.The kingdom's benchmark index TASI dropped 2.5% on Thursday following the Aramco news, according to LSEG data.Crude Tankers attackedSeven oil tankers caught fire or were damaged in the Strait of Hormuz overnight after being hit by Iran or striking naval mines, Tehran said on Thursday, a markedly high number as tensions rise over concerns about a return to all-out war.With days before a close election in Israel in which Prime Minister Benjamin Netanyahu could lose power, and before next month's U.S. midterm election in which war-linked high prices have sparked voter anger, there are concerns that U.S.-Israeli attacks on Iran could resume.Also read | Iran asks US to prove it wants peace by lifting blockadeNetanyahu wants to attack Iran, that's not even a question, Danny Citrinowicz, a researcher at Israel's Institute for National Security Studies and a former Iran specialist in Israel's military and intelligence services said.'TARGETED ARAMCO IN YANBU'Houthi military spokesperson Yahya Saree said in a televised speech that the group had launched attacks on Aramco facilities in the Red Sea city of Yanbu and the Saudi defense ministry in the capital Riyadh. Saudi authorities did not confirm the attack.The Saudi-led coalition said on Thursday it had intercepted drones over Riyadh and Islam's holy city of Medina, which is near Yanbu.
RBI asks banks, payment firms to forensically clear tech environments in case of a data breach
The RBI has asked financial entities to remove management and administrative interfaces from public internet access, enforce multi-factor authentication for administrative access, and restrict access to cloud and backend systems on a least-privilege basis. The measures include auditing source code, repositories, configuration files, client applications and cloud storage for exposed credentials, and immediately rotating and purging compromised credentials.
I-T likely to send notices over undisclosed foreign property
The Income-Tax Department will send notices to resident Indians regarding undisclosed foreign properties. Information was obtained through spontaneous exchanges and prior investigations into overseas assets. The FAST-DS scheme allows individuals to voluntarily disclose properties without facing penalties or prosecution. This opportunity aims to regularize the foreign assets of small taxpayers effectively. Overall participation in the scheme has been lower than anticipated due to its limitations.
Prada Q3 revenue rises in a slowing luxe market
Italian luxury group Prada reported a 1% organic growth in revenue for the third quarter of the year. This performance reflects resilience in a challenging luxury market environment and the acquisition of Versace. Growth was supported by positive trends in the Americas and stable sales in the Asia-Pacific region. However, retail sales from the Miu Miu brand declined by 3% amid these challenges.
Chana sowing holds key to pulses inflation
Chana, India's most consumed pulse, which is central to making everything from salty snacks to nutritious meals, needs adequate soil moisture and cool weather for a good crop. Sowing has started in some regions, but the progress is slow. State advisories to conserve water and shift to less water-intensive crops have added to concerns over winter sowing.
India-Germany trade can surge 10-fold, says Piyush Goyal
India-Germany bilateral trade is expected to increase significantly, with aims of reaching 310 billion from 31 billion. Both countries are focused on co-creating and leveraging their complementary strengths for economic growth. The India-EU free trade agreement is anticipated to be signed soon and will facilitate mutual benefits. Minister Piyush Goyal emphasized the importance of trust and cooperation between the nations.
UN biodiversity summit to take stock of 2030 goals
Representatives from 196 countries are meeting in Yerevan to evaluate biodiversity progress under the 2030 targets. The Kunming-Montreal Global Biodiversity Framework aims to restore ecosystems and phase out harmful subsidies. India's national report highlights progress with key wildlife species, despite challenges in land degradation and protected areas. The report shows India's successful ecosystem restoration and involvement in biodiversity-inclusive planning.
Jio Platforms IPO Oversubscribed 5.57 Times, Draws Rs 3.73 Lakh Crore Demand
Jio Platforms Ltd's Rs 30,213-crore initial public offering (IPO) has garnered bids worth Rs 3.73 lakh crore, achieving a subscription rate of 5.57 times the shares on offer, driven by robust institutional and anchor investor demand.
GST return forms likely to be tweaked to curb mismatches
The government is looking to revamp GST return forms to minimise discrepancies between reported sales and tax payments. Draft forms will be available for public feedback starting November 1 and the changes take effect on April 1, 2027.
Following Supreme Court directions, Andhra Pradesh urban polls paused
Even as SEC paused the process, YSRCP alleged that the ruling TDP cadres continued to attack and intimidate its candidates for the second consecutive day. The Opposition party released videos of several places and alleged that the modus operandi had been to not allow senior YSRCP leaders to accompany candidates to nomination centres and then snatch the nomination papers to prevent them from filing.
A 10,000-step daily target may not be necessary to support brain health. Researchers have found that a much lower number of daily steps is linked to slower cognitive decline and changes associated with Alzheimers disease. The findings also reveal why walking more may not always mean greater benefits, offering a fresh perspective on how a simple daily habit could help protect the ageing brain.
Berlin Global Dialogue: EU inviting disaster through carbon tax, says Piyush Goyal
Piyush Goyal expressed concerns over the EU's carbon tax and numerous regulations impacting their steel industry. He warned that these measures could lead to increased costs and decreased competitiveness for EU businesses. Goyal highlighted that the high import duties and standards could harm the economy and raise the cost of living. He mentioned the reciprocal nature of trade regulations in response to the EU's actions.
eMudhra is exiting its global website security certificate business after Google, Apple & Microsoft withdrew trust in certificates weakened by a software error. The company says it revoked 8 affected certificates, detected no breach and that its Indian digital signature services remain unaffected.
India's a call-out market, but there's room to grow: Nestle
Nestle SA reports that 37% of urban households in India purchase Maggi noodles monthly. The instant noodles segment is outpacing overall food sector growth in the country. Nestle is investing in its Maggi and KitKat brands as they capture consumer preferences for convenience and diversity. Despite a revenue increase, food inflation remains a significant concern for the company. Regulatory scrutiny on Nestle India's labeling practices has also emerged recently.
Airbnb new guidelines: What travellers need to know before booking a vacation rental
Beginning on November 20, Airbnb is rolling out updated guidelines to enhance cleanliness expectations for guests. Hosts can no longer impose extensive cleaning responsibilities, permitting only simple tasks. A new feature in the app aims to clarify house rules and host requests for better guest comprehension. If guests encounter unreasonable demands, they can report them. It's important for travelers to check house rules and total expenses before confirming their bookings.
Urea imports surge 40% despite push to cut chemical fertilisers
Total urea imports in the April-September period rose to 5.589 million tonnes from 3.979 million tonnes in the first half of last fiscal year. Local sales fell 4.1% to 18.52 million tonnes. The sales were down primarily due to poor rainfall in large parts of the country deterring farmers from spending on soil nutrients, said a senior executive at a large urea firm.
LNG imports up 9% in Mar-Sep; US, Oman & Nigeria bridge supply gap
India has increased its liquefied natural gas imports from the US, Oman, and Nigeria significantly since the Iran war. The country now imports about 68% of its LNG from these suppliers, compared to just 25% last year. Qatar's contribution has dropped to 3% from 45%, highlighting a major shift in sourcing strategies. Domestic gas consumption has remained steady, driven by the expanding city gas sector.
Chinese spending curbs weigh on Hermes sales
Revenue in the region that includes China, the luxury group's biggest market, flatlined at constant exchange rates, Hermes International said Thursday. Analysts had expected growth of about 1.6%. The region generates around 42% of Hermes' total revenue.
Rupee closes at 94.81 against dollar, market sentiment hit
The Indian rupee depreciated by 43 paise to close at 94.81 against the US dollar, influenced by a negative trend in domestic equity markets, surging crude oil prices, and significant foreign institutional investor outflows.
Sony India TV, audio sales stay flat in FY26 despite GST boost
Overall revenue from operations grew a marginal 0.9% to 7,918 crore, while net profit rose 19% to 187 crore. The company's other businesses, comprising gaming consoles and digital cameras, recorded modest growth, with revenue increasing to 1,389 crore from 1,322 crore in FY25.
Silver inflows likely to rebound as import curbs eased for Diwali
Fresh import permits are set to ease India's silver supply constraints and premiums ahead of Diwali, though demand is expected to trail last year's levels
Even a 10-year SIP could deliver losses, with small-cap indices recording a worst-case return of -0.13%. Edelweiss Mutual Fund data shows mid-cap SIPs delivered the highest average returns over five and ten years, outperforming large- and small-caps.
India extends duty-free raw sugar import deadline to December 31
The extension gives importers additional time to bring in raw sugar under the duty-free import allowance, according to an official notification.
Storage in Indias key reservoirs drops further to 67% of capacity this week
Water level in only one of the five regions above 80 per cent as situation in AP and Tamil Nadu turns worrisome
iPhone Duo's entire first week stock pre-booked in India
Apple's highly anticipated and most expensive foldable smartphone, the iPhone Duo, has completely sold out its first week's stock in India through pre-bookings, ahead of its official sale date of October 23. This strong demand, particularly at Apple Stores in Mumbai and New Delhi, signals a significant entry into the premium foldable market.
Steve Jobs famous quote, We're here to put a dent in the universe. Otherwise why else even be here?, highlights the importance of making a meaningful difference rather than simply chasing success. The Apple co-founder believed people could shape the future through their work and decisions. His wife, Laurene Powell Jobs, explained that the quote is often misunderstood, arguing that it is about people's ability to change their circumstances and the systems around them.
Goyal asks Europe not to 'invite disaster'
Commerce and Industry Minister Piyush Goyal has cautioned the European Union that its carbon tax on steel imports and a growing list of regulations could raise costs for businesses and consumers, stoke inflation and erode the bloc's global competitiveness.Speaking at the Berlin Global Dialogue on October 22, Goyal said the EU risked hurting its own industries by imposing additional trade restrictions and compliance requirements, including the Carbon Border Adjustment Mechanism (CBAM). He pointed out that higher costs for steel and other industrial materials could undermine Europe's economic interests.Goyal described the EU's approach as counterproductive, warning that the cumulative burden of regulations could hurt European industries while creating non-tariff barriers for trading partners.Also read | ArcelorMittal & SA's IDC close in on $610 m dealThe minister pointed to the implications for infrastructure development, saying higher costs for steel, aluminium and cement would affect projects ranging from ports and airports to highways, utilities and water pipelines. He said the impact would be compounded by CBAM and deforestation-related requirements.Goyal said the EU had accumulated around 75-77 regulations, arguing that repeated additions were increasing the compliance burden on businesses and making them less competitive in global markets.He also cautioned that countries could respond to restrictions imposed on their businesses with regulations of their own, potentially hurting European companies. In his view, the resulting increase in costs could push up inflation and make it harder for European industries to compete internationally.The minister cited Germany's automobile sector as an example, saying car sales in the country had declined by 15-20% over roughly the past decade. He warned that further cost increases could put more pressure on the industry's ability to compete.Goyal said India was focusing on improving its competitiveness while building mutually beneficial trade relationships with partner countries. He described India's trade agreements as fair, equitable and balanced, adding that the country was developing complementary economic strengths with its partners.Also read | Welspun Corps $350 million US bet rides rising oil, gas pipeline demandHe also pointed to Singapore as an example of a trading partner without CBAM and deforestation-related requirements.India has repeatedly raised concerns about the European Union's regulatory framework. Under CBAM, Indian exports of steel, aluminium and cement to the EU could face tariffs of 20-35%.The EU's anti-deforestation regulation (EUDR) imposes compliance requirements on products linked to deforestation. The rules affect sectors including rubber, creating additional obligations for producers and exporters seeking access to European markets.Goyal also highlighted India's relatively small contribution to global carbon emissions, saying the country accounts for 3-3.5% of the total while supporting 17% of the world's population.
Indian Food Ministry asks States to ensure no sugar is diverted for ethanol
Diversion may not be allowed the entire supply year even as the Centre extends duty-free imports of raw sugar until December 31,
In various videos he had shared on Instagram, the Udta Punjab star had admitted he was a foodie, and he doesnt really believe in denying himself the joys of good food, so from pasta to kabab to chocolate, he has them all. However, he also follows a disciplined fitness regimen to keep himself lithe and avoid gaining weight.
Modi, Tusk push for doubling of Indo-Polish trade, early India-EU trade pact
The two also discussed strategic connectivity, including direct flights, port co-operation, maritime security, and alignment with the IndiaMiddle EastEurope Economic Corridor (IMEC).
Troo Good opens seventh factory, takes output to 5 crore chikkis a month
Hyderabad-based startup expands capacity across three States; plans 40 crore investment in new factory
Wednesday Season 3 has wrapped filming and the upcoming season will follow the aftermath of Enid Sinclairs transformation into an alpha werewolf, which forced her to flee towards the Canadian border, while Wednesday Addams sets out to find her. The story will also explore the mystery surrounding Wednesdays missing aunt, Ophelia, played by Eva Green.
Private equity invests $6.1 billion in real estate in nine months
Data centres overtake offices, attracting 40% of capital; capacity set to grow 30% to 2,200 MW in 2026
Nestle sees strong growth potential for Maggi noodles in India; eyes expansion in Europe, Americas
The company, which sells noodles under the Maggi brand in India and other Asian markets, also has ambitious plans to expand the category in Europe and the Americas, its top leadership said during the earnings call for the September quarter of 2026.
She sold Denim at school; now celebrities love it
Musk is getting it wrong on India's space oligarchs. Here's why
Though Starlink boasts extensive satellite internet coverage, many potential users find the service economically unviable. The Indian government is strategically evaluating its communications infrastructure choices, potentially leaning towards homegrown solutions for critical services, which may boost Reliance's positioning against SpaceX in the market.
India-EU FTA may come into effect in January-March, says Piyush Goyal
Commerce Minister Piyush Goyal said the India-EU trade pact would be signed by the end of 2026, while warning that European regulations and tariffs could hurt trade
Indias petroleum product exports likely to wane during October-December 2026
Robust domestic diesel demand and industrial activity may curb export availability
UPI Surcharge Crucial For Digital Payment System: J and K Bank CEO
J and K Bank MD and CEO Amitava Chatterjee defended the surcharge on UPI transactions above Rs 2,000, stating it is necessary for the system's long-term sustainability. He also discussed the shift of household savings to mutual funds, the bank's profit growth, and India's consumption-based economy.
