The Economic Times

Three coronary stent models from Meril Life Sciences were withdrawn from the Sri Lankan market due to performance issues. The National Medicines Regulatory Authority conducted an investigation that revealed critical failures. The Central Drugs Standard Control Organisation is auditing manufacturing facilities to address quality concerns. Stricter regulations and robust post-market surveillance measures are necessary to ensure patient safety.

The Asia-Pacific region has shown resilience despite energy shocks and trade restrictions, with the IMF projecting 4.8% growth. While some economies are adapting to oil shocks, challenges persist, including high fuel prices and public finance sustainability. Many Asian economies face structural issues, including job creation for young populations with underemployment. The impact of AI on labor markets is reshaping skills and knowledge work demands among employers.

Trump's decision to waive tougher sanctions against Russia aims to ensure US diesel supply until the midterm elections. The waiver, however, is unlikely to significantly impact Russian diesel exports due to damaged refinery capabilities. Furthermore, shipping lines may still face disruptions from ongoing conflicts in the region. India's situation remains complex as it benefits from reduced risks of US tariffs while navigating the oil market.

Recently, West Bengal has seen a noteworthy rise in the dismantling of left-wing bookstalls by the government. Paradoxically, this move has sparked interest in important works by authors like Bhagat Singh and Che Guevara among younger readers. While book reading in many regions is declining, this situation could foster a renewed awareness of significant historical figures and their contributions.

India can achieve its Viksit Bharat 2047 ambition alongside its net-zero 2070 target, with green investments boosting growth, energy security and future industries without hurting spending on health and education.

Vijayadashami represents the victory of goodness over evil, as seen in various cultural narratives. Ram's defeat of Ravan and Jesus Christ's resurrection reflect similar themes of righteousness triumphing over darkness. Additionally, Michael's defeat of Satan in Christian scripture parallels these tales. Different cultures emphasize the idea that arrogance and injustice ultimately lead to destruction. The stories resonate with a profound human belief in the enduring nature of hope and courage.

A tragic stampede occurred during Durga Pujo celebrations in Kolkata, resulting in the deaths of at least 19 people. The chaos reportedly started after an announcement about a pandal collapse triggered a panic rush for a narrow exit. This incident highlights the ongoing issues with crowd management and the lack of safety measures at such events. Authorities need to adopt non-negotiable safety regulations to prevent future tragedies.

Piyush Goyal has articulated a vision for recalibrating India's economic ties with China, focusing on balanced trade. Both nations are engaging in dialogue to stabilize their economic relations despite existing tensions and imbalances. India aims to improve market access and reduce dependency on Chinese imports through selective investment policies. Opportunities exist for increasing exports of premium Indian goods and securing strategic supplies from China.

Tanishk Bagchis song Makhna from the movie Drive captivates listeners with its enchanting melody and lyrics. The song portrays love and joy through its immersive and playful words sung by various artists. Makhna combines a beautiful tune with meaningful lyrics, creating a profound musical experience. Its construction ensures that it remains engaging even when stripped down to a single voice.

Snabbit operates in India's gig economy by selling mandatory workwear to its workers, increasing revenue significantly. Rather than focusing solely on customer acquisition, the company monetizes its own workforce effectively. This practice has contributed to the company's operational revenue despite existing losses. The approach may redefine how companies engage with gig workers in the future. Such strategies highlight emerging business models in the evolving economy.

India aims to achieve self-reliance by systematically identifying critical technologies for its national strategy. The government has established initiatives, such as the Anusandhan National Research Foundation, to drive research and development. A clear list of vital technologies will help prioritize investments and reduce dependency on foreign entities. Strategic instruments can then be directed toward fostering domestic capabilities in specified sectors.

Intuitional practice, or sadhana, is considered a fundamental duty for every individual. Many individuals are discouraged by fear from pursuing this practice in their everyday lives. It is a misconception that sadhana requires complete renunciation of worldly life and interactions. Avidyamaya, or ignorance, follows a person regardless of their physical environment, whether busy or isolated.

Last week, the Cabinet Committee on Economic Affairs approved the sale of IDBI Bank's majority stake. The stake, held by the Government of India and LIC, will be sold to Fairfax Financial Holdings Ltd. This decision is part of the ongoing privatisation programme aimed at modernising the Indian economy. IDBI Bank has recently shown impressive performance, strengthening the case for privatisation.

In a recent advisory, the FSSAI outlined essential guidelines for transporting perishable food items that require specific temperature control. It is imperative for Food Business Operators to maintain hygiene protocols and consistent temperatures during distribution. State food safety officials will closely oversee compliance, and violations may invoke severe penalties, including the potential seizure and destruction of food products.

Durga Pujo is one giant fashion show - and tell - when saris and panjabis flaunt and compete to get their due on cam phones, and pandals become location shoots with the goddess tactically in the background

Women in India are increasingly embracing grey hair, challenging traditional beauty standards associated with aging. This movement showcases many women documenting their transition to natural colors, which defies societal norms. While the beauty industry has historically pressured women to cover their grey, attitudes are slowly changing among younger actresses. Notable figures like Revathi and Neha Dhupia represent this evolving perspective on beauty and age.

A viral video of an elderly couple eating home-cooked food from a steel thali on a domestic flight has sparked debate over food choices, passenger etiquette and airline rules. The article criticises online shaming of the couple, arguing that carrying traditional meals while travelling is commonplace in India and that the backlash reflects class prejudice and commercial interests rather than genuine concerns about manners or safety.

India thrives on a democratic ethos that invites citizens to engage in extensive debates over diverse issues. Figures such as Mohandas Karamchand Gandhi exemplified this through contentious dialogues on significant social topics. In his book, Ramachandra Guha delves into Gandhi's arguments, linking them to modern challenges related to caste, religion, and gender.

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.

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.

PDP president Mehbooba Mufti compared current restrictions in Delhi to those experienced in Kashmir after Article 370's abrogation. She accused the BJP government of manipulating public perception by claiming there were no protests. Mufti stated that the government crushes dissent and then denies its existence to portray false consent. The heightened security measures and route closures in Delhi evoke similar sentiments from Kashmir's past.

Arvind Kejriwal has criticized the central government's security clampdown in Delhi regarding the CJP protest. He stated that the situation is worse than during the Emergency. Kejriwal accused Prime Minister Narendra Modi of using fear tactics to suppress democracy. Additionally, he called for the resignation of Chief Election Commissioner Gyanesh Kumar due to alleged electoral fraud.

India addressed the UN General Assembly, condemning Pakistan for its ongoing misrepresentation of Jammu and Kashmir. Member of Parliament Mahima Kumari Mewar emphasized Pakistan's history of military dictatorship and state-sponsored terrorism. India called for Pakistan to cease human rights violations in its illegally occupied territories. The delegation condemned recent attacks on civilians protesting for their rights and freedoms.

India's Ministry of External Affairs emphasized that the United Nations Military Observer Group in India and Pakistan (UNMOGIP) has lost its relevance since the signing of the Simla Agreement in 1972, which aimed to establish peace between the two nations. During his recent visit to Pakistan, UN Secretary-General Antonio Guterres recognized the challenging role of UNMOGIP and commended its professionalism. Meanwhile, India continues to focus on improving relations with Pakistan.

Nana Patekar Death News: Vishwanath Patekar, widely known as Nana Patekar, has passed away at the age of 75. He was found unconscious at his residence in Goa and could not be revived after extensive CPR. A medico-legal case has been registered and a post-mortem will be conducted as part of the investigation. Patekar was a celebrated actor in Indian cinema, receiving multiple prestigious awards throughout his career.

During the 94th anniversary celebrations, Air Chief Marshal A P Singh of the Indian Air Force addressed his air warriors, emphasizing the need for a quicker pace in improvements. He noted the transition from a platform-centric model to a focus on overall capabilities. Singh pointed out specific delays in crucial projects like the LCA Mk-1A, while also acknowledging the IAF's diverse partnerships through various operations and humanitarian missions.

The Supreme Court is set to examine a plea regarding the recall of a recent split verdict. This split verdict pertains to the validity of a 2023 law governing the appointment of the Chief Election Commissioner and Election Commissioners. Senior advocate Gopal Sankaranarayanan mentioned the recall application in front of the Chief Justice of India.