The Economic Times
Elections 2026Opinion / The Economic Times
Two humorous stories highlight how loyalty rewards and discounts can encourage people to spend more while believing they are saving money. From collecting an overpriced teaspoon to buying unnecessary items on sale, the tales poke fun at the difference between perceived savings and actual spending.
India has recently indicated its readiness to engage in discussions on plurilateral agreements within the WTO framework. This shift follows India's previous firm stance against such negotiations due to a lack of explicit mandate. While some international partners view this as a promising development, others remain skeptical about India's intentions. It faces increasing pressure from various nations to drop its obstructionist position towards existing agreements.
India's luxury market is projected to surpass $12 billion by 2028, reflecting a significant shift in consumer behavior. Millennials and Gen Z account for nearly half of the active luxury consumer base, estimated at 20 million. While traditional markers of luxury are fading, there is a growing emphasis on personal connections and tailored experiences. The contemporary luxury consumer engages with brands primarily through social media and digital platforms.
Indias Uniform Civil Code (UCC) debate raises questions about equality and the exclusion of LGBTQ+ citizens from legal recognition and protections. Drawing on Supreme Court judgments and constitutional principles, the article argues that a civil code rooted in gender justice must also recognise transgender persons and same-sex couples. The authors contend that true uniformity requires equal rights in marriage, adoption, inheritance, maintenance and family recognition for every citizen.
In a creative twist to the Dussehra festivities, the Shri Keshav Ramlila Committee is set to torch a cockroach effigy along with the iconic figures. This symbolizes the cleansing of both homes and society, reflecting resilience akin to mythological personalities like Ravana. The event will occur on October 20 in Pitampura, Delhi, adding a fresh perspective to traditional celebrations.
Chinese automobile companies are presenting their advanced technologies at the Paris auto show to attract European buyers. European car manufacturers face challenges in transitioning to electric vehicles due to investments in battery capacity. As competition intensifies, Chinese firms view Europe as a crucial market for growth and exports. The European market's dependence on fuel imports may favor electric vehicles over traditional fuel-powered ones.
Following previous delays, the Election Commission has resumed the Special Summary Revision (SSR) of electoral rolls. This process is critical for empowering young and first-time voters to register and correct any omissions. The prior suspension of SSR raised concerns, emphasizing the importance of transparency and clear communication from the Election Commission regarding these issues to uphold trust in the electoral system.
Life presents various challenges that test our resilience and maturity, leading to varied responses among individuals. Success and failures shape our journey, while the enjoyment of small victories contributes to our overall happiness. Maintaining equanimity during tough times helps build confidence for future challenges. Celebrating small achievements adds joy to ordinary days and fosters a positive outlook. Embracing this approach leads to a fulfilling life enriched by gratitude.
Visa restrictions imposed by the US on Indian IT companies may impact individuals working on temporary visas. Many Indian workers may now have to return to India due to these restrictions. Despite these challenges, returnees present opportunities for India in emerging technologies and industries. Additionally, India's relationship with the US requires strategic actions to maintain balance in trade and diplomacy.
Braj Mohan Ram has openly stated his intention to strengthen the BJP while serving as governor. His admission has triggered public outcry about the role of governors in politics. Governors are supposed to be impartial, yet many have acted in partisan ways. Critics argue that the office of the governor should be abolished to ensure constitutional integrity.
Festival consumption in India is facing challenges due to rising input costs and cautious spending patterns. Companies are experiencing pressures on their profit margins as consumers become more selective and trade down. Credit costs are increasing, impacting overall consumption and household debt levels. Retail lending is focusing on small-ticket items in semi-urban areas amidst rising inflation. It may be wise to reconsider spending on luxuries this festival season.
Current market conditions show frustration with declining indices, impacting both domestic and foreign investors. The simultaneous rise in crude prices and yields creates a challenging environment for India. As international markets focus on AI investments, Indian stocks appear undervalued. Experts recommend that retail investors prioritize asset allocation over daily fluctuations. The long-term outlook remains optimistic, depending on future economic developments.
During the upcoming five days of Pujo, people will elevate the act of dressing into an art form. New outfits will be meticulously planned for specific occasions, reflecting personal style and creativity. The excitement surrounding Pujo dressing will foster a sense of community among participants. As individuals adorn themselves in splendid attire, public spaces will transform into vibrant showcases. This collective celebration will symbolize a temporary escape from everyday life.
India aims to achieve a high-income economy status by 2047, requiring substantial economic growth and investment. However, ambitious climate goals may impose significant financial burdens that could jeopardize this progress. Investment requirements for achieving carbon neutrality by 2070 could cost India approximately $8.1 trillion, equivalent to a large percentage of GDP. Reports suggest that climate policies might divert funds from essential services like education and healthcare.
This festive season, individuals are encouraged to adopt weaponised incompetence to lighten their responsibilities. Men and women alike can simulate incompetence in household and work tasks. This approach aims to reduce workloads and share the burden more evenly. Embracing this strategy allows for greater relaxation and enjoyment during the festive period. Ultimately, this technique promotes good-will and collaboration among family and friends.
Mark Zuckerberg recently appeared on a podcast where he attempted to drink a pint of Guinness. His efforts to seem cool were met with amusement from an online audience. The article discusses how trying to be cool often leads to embarrassment rather than authenticity. It suggests that embracing one's natural self is more advantageous.
IDBI Bank's sale as part of a disinvestment strategy provides 26,000 cr to the government during economic challenges. Government of India retains a 15% stake, indicating potential future market sales. The bank's strong performance is reflected in its improved financial metrics and management stability. Discussions about privatization in the banking sector may arise despite this sale not being privatization.
Recent actions by Donald Trump to secure Russian diesel imports highlight the complexities of US energy policy, balancing domestic fuel prices against geopolitical strategies. Despite urging allies not to buy Russian oil, the US continues to navigate a delicate landscape where affordable fuel remains a political priority ahead of the midterm elections.
IDBI Bank has been sold to Fairfax, resulting in a significant shift from government control to private ownership. This sale follows a long period of bank recovery from bad loans and recapitalisation efforts. The new management faces challenges in driving IDBI Bank's growth in a competitive private banking environment. Foreign interest in India's banking sector continues to rise, influencing the strategic sale approach.
The Kerala High Court has stressed the importance of making cancer medicines like ribociclib more affordable for patients. The Government of India is urged to refrain from using the Patents Act, as it could stifle pharmaceutical innovation. Instead, by utilizing the Aadhaar-based Direct Benefit Transfer system, it can offer financial assistance to those in need.
India faces significant threats in the global AI landscape as investments surge globally. While it has missed some initial chances, the nation has the potential to harness its talented workforce and established ITeS sector. The rise in private investment reflects an increasing enthusiasm and job opportunities in AI. To avoid being seen merely as a commodity, companies must innovate.
India presented its statement at the UNGA Third Committee, emphasizing the need to respect cultural contexts in human rights. The country aims to advance human rights for all without selectivity and double standards. India's representative criticized unverified claims in a UN report regarding indigenous rights under the Forest Rights Act. India highlighted its achievements in lifting millions out of poverty while ensuring social protection.
The new discipline of theoretical cooking enables chefs to innovate recipes without physical preparation. Culinary creativity is liberated from the constraints of cooking processes and ingredient limitations. Recipes will be judged based on their conceptual design rather than taste or presentation. Critics may argue that this approach removes the essence of cooking and eating experiences. However, the theoretical aspect offers a novel perspective on gastronomy and culinary arts.
Foreign Portfolio Investors have withdrawn significant capital from Indian equities in 2026, raising concerns among officials. Despite these outflows, there is strong investment in Indian IPOs, highlighting a complex investment landscape. International investors are becoming selective, focusing on emerging sectors like AI and technology. India's investment appeal remains strong due to consumer market opportunities and manufacturing growth. However, India must enhance communication about its inve
Volte Una successfully held its first auction dedicated exclusively to one artwork, Tyeb Mehta's 'Rickshaw Puller,' which fetched an impressive $7.15 million, setting a new benchmark in the art world. This innovative auction format not only eliminates competition but also enhances buyer focus. Experts predict the model could extend to other luxury markets including vintage automobiles, hinting at a transformative approach in high-end sales strategies.
In a move to address mounting criticism, the Election Commission of India has streamlined the electoral roll verification process in Delhi, resolving over 20 lakh of the 33 lakh cases. Booth-level officers have taken to visiting residences to rectify issues and facilitate easier documentation. Embracing constructive criticism can significantly enhance governance and business practices alike, underscoring the importance of engaging with stakeholders effectively to safeguard reputation.
Literature Trails is a captivating podcast dedicated to bringing the rich narratives of Hindi and Urdu literature to life for diverse audiences. Featuring celebrated authors such as Munshi Premchand and Saadat Hasan Manto, it opens the door for new readers to explore literary gems. The episode Chota Jadugar showcases a poignant tale by Jaishankar Prasad that emphasizes childhood creativity, enriching the appreciation of storytelling across cultures and languages.
Goddess Ambika, known as Ma Durga, was created from the collective anger of Vishnu, Shiv, and Brahma. The devas approached these gods seeking help against Mahishasur, who had overthrown them. A powerful light emerged from the anger of the gods, forming a fierce female deity. Ambika is recognized as an embodiment of primordial energy and strength.
Rate rationalisation showed that a lower rate yields more revenue as the base widens, and process reforms rest on the same principle. A business that doesn't fear the tax office is more likely to register, report its full sales and grow within the system.
The conflict in Iran has closed the Strait of Hormuz, severely impacting global oil shipments and market dynamics. While oil availability has seemingly increased, a logistics premium affects shipping costs and insurance. This situation has led to heightened risks, causing delays in transit times and increased tanker requirements. Diesel shortages are also rising, with prices escalating significantly as supply chains are disrupted.
The governments decision to drop Jantar Mantar as a designated protest site may move demonstrations farther from Delhis power centre, but it is unlikely to make them less visible in the age of smartphones and livestreams. As independent reporters and protesters increasingly turn social media into real-time newsrooms, attempts to push dissent out of sight can themselves become the story, especially when police action or restrictions trigger wider debates over civil liberties.
IIT Bombay has revised its examination Standard Operating Procedure to minimize confrontation regarding suspected cheating cases. Students caught in potential cheating incidents can continue their exams while documenting their experiences. The new SOP includes guidelines for invigilators to report suspected cheating and student stress. Academic penalties may vary based on the severity and recurrence of offences, as modeled by other universities.
To wean India off its crude oil addiction or make any structural dent to air pollution, electrifying our freight fleets are a no-brainer. Niti Aayog says road freights alone accounts for more than a quarter of Indias oil-import expenditure. But E-cars or green city buses alone wont charge the collective imagination for a once-in-a-lifetime EV push: We need to green our highways. But first distortions in the duties need to be fixed.
Delhi Police has designated JanMan as a non-viable option for protests as per new recommendations. The recommendations from a home ministry committee proposed three alternative protest sites in the city. These alternatives include Ramlila Maidan, CBD Ground in Shahdara, and Burari Ground in north Delhi. While some citizens are unhappy with this decision, the new locations are spacious and accessible.
Current debates in India often focus on GDP growth figures, which can misrepresent the actual development landscape. While GDP is a useful measure, it does not adequately reflect the quality of life improvements. Recent data shows a persistent height gap between Indian and Chinese teenagers, indicating nutritional disparities. Poverty rates in India have decreased, yet issues like childhood stunting remain significant.
Central banks have established a systematic approach to managing economic crises through coordinated policies. Scholars Robert Hall and Michael Woodward contributed crucial insights into the effectiveness of countercyclical measures at an individual level. Their framework has informed global responses during significant events like the subprime crisis and the COVID-19 pandemic. Central banks are now focusing on signaling their policy intentions to manage business cycles effectively.
After suffering from severe pneumonia, the author decided to visit Hoeller in the Aurach valley. They accepted an invitation to help sort through the remains of their friend Roithamer. This decision was made against doctors' advice, as the author wanted to start early. Upon arrival, the author found the literary works left by Roithamer to sift through. The experience highlights the author's commitment to honoring their friend's memory.
Many religions require celibacy, causing conflict between practitioners' desires and their commitments. This struggle can lead to psychological issues for some individuals striving for spiritual goals. Tantra provides an alternative approach by viewing sexual energy as sacred and life-creating. Techniques in tantra help individuals transmute this energy for personal growth and spiritual rejuvenation. The concept of urdhavaretas symbolizes the redirection of energy for enhanced vitality and devel
The escalating public discontent towards the Election Commission of India is a clear indicator of the increasing distrust surrounding electoral processes. Concerns about their connection with both voters and political parties are on the rise. Additionally, the recent alterations in engagement practices may exacerbate criticism. With transparency being questioned, especially regarding responses to inquiries about its initiatives, addressing these obstacles is crucial for upholding credibility in
The Clash's track 'Police on My Back' offers a unique interpretation of police pursuit through music. Originally written by Eddy Grant, the song captures the urgency of being chased. The Clash's version features a mix of punk energy and urban themes. Its concise lyrics reflect a continuous experience of persecution throughout the week. This adaptation has turned the original song into a powerful statement of resistance.
Accurately identifying animals or situations requires official verification rather than relying on appearances or assumptions. Many entities mistakenly assume their nature, leading to misunderstandings and miscommunications. Precision in terminology is crucial for administrative efficiency and effective governance. Similar principles apply to various aspects of life, including business and law enforcement. Thus, it is essential to seek clarity and avoid jumping to conclusions.
During the vibrant festival of Navratri, devotees honor Goddess Shakti, recognizing the eight divine powers that dwell within them. These spiritual attributes empower individuals to tackle obstacles and maintain resilience against negativity. They promote the release of emotional weight and encourage compassion and understanding among people. Ultimately, awakening these strengths not only conquers personal flaws but also signifies true triumph as celebrated during Dussehra.
India is witnessing a notable increase in active companies, driven by the easing of regulations and lower capital costs. The government's fiscal consolidation has led to a reduction in the general government fiscal deficit, which has encouraged entrepreneurship. Despite these positive changes, there are concerns regarding the impact on job creation and wage growth. Capital availability for smaller businesses has improved, facilitating their growth and expansion.
India's leaders are forging new international economic partnerships, particularly in technology, energy, and manufacturing sectors. The country is experiencing significant growth in renewable energy, further enhancing its energy security. Domestic investments are rising, with GIFT City attracting considerable international capital. Collaborations between government and business can lead to mutual benefits in various sectors. A focus on dialogue and cooperation is crucial as India seeks to expand
Britain and India have officially inked the Comprehensive Economic and Trade Agreement, a major step towards deepening economic ties. The agreement aims to elevate bilateral trade by 25.5 billion annually by the year 2040. It encompasses initiatives focused on job creation, innovation, and cultural exchange, while also providing Indian students enhanced educational opportunities at the forthcoming University of Liverpool campus.
GoI displayed administrative strength while revealing political weakness in handling citizen dissent. Restrictions in Delhi included turning areas into containment zones to manage protests. Police actions, including detaining Rajya Sabha MP John Brittas, demonstrated a lack of sensitivity to disagreement. Despite Supreme Court orders, the government imposed unwarranted limitations on public assembly. The occurrence raises concerns over democratic principles and freedom of expression in India.
RBI has imposed new restrictions on forex trading and opened a special window for oil marketing companies. These abrupt measures have confused market participants regarding the rupee's underlying strength. Many are questioning the rationale behind using crisis-era tools so soon after accumulating record forex reserves. The central bank's recent actions suggest it may see pressures that others do not.
'Police on My Back' by The Clash ignites a visceral sense of urgency that few songs can. Originally composed by Eddy Grant in 1967, this punk rendition intensifies the concept of being hunted. The powerful lyrics eloquently describe the ongoing pressure of law enforcement, making a striking intersection of melody and intensity. This song remains a powerful rallying cry for resistance, echoing the struggles against authority.
After a turbulent period, D Gukesh's performance at the Chess Olympiad allowed him to regain confidence. He competed on Board 4, scoring 8.5 points in 11 rounds and achieving a tournament performance rating of 2797. Gukesh previously experienced a significant rating decline, dropping to 2703 after his rise to World Champion. His struggles included early exits from several important tournaments and losses to lower-rated players.
The National Investigation Agency (NIA) has registered a case to investigate the alleged mid-air stabbing of Indian pilot Captain Smit Machchhar by an Omani co-pilot aboard a Dubai-Tel Aviv flydubai flight on September 30. The probe was ordered by the Union Home Ministry to uncover the alleged larger conspiracy.

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