The Economic Times

The recent trading session on Wall Street saw a decline as US Treasury yields surged, sparking fears over inflation and the escalating debt crisis. This drop followed remarkable highs reached by the S&P 500 and Nasdaq. Concurrently, rising oil prices due to supply issues influenced market sentiment and contributed to a global bond selloff.

Rahul Gandhi encouraged Congress leaders to adopt creative and eye-catching strategies for their protests. He pointed out the significance of unexpected actions that foster social media buzz. Recent demonstrations featuring striking elements, such as barricade climbing and sit-ins, were mentioned as successful approaches. These innovative methods aim to resonate with younger audiences while boosting their outreach initiatives. Party members are now gearing up for more surprising tactics in upcom

The impact depends on to what extent tariffs are going to be applied. So, it's premature to answer. But obviously it will have some negative impact, Malhotra said during the post-monetary policy press conference in response to a query on the impact on the economy if the trade deal with the US fails to materialise. However, India has concluded or implemented a series of trade agreements in recent months, which could help diversify its export markets.

According to the latest minutes from the US Federal Reserve, officials hint at a possible interest rate rise by year's end in response to ongoing inflation challenges. With inflation reaching a high of 7.2% in June 2022, fluctuations have continued amid worries over geopolitical events and escalating energy costs. The Fed faces the complex task of controlling inflation while ensuring stable employment within the economy.

Wittington Investments, Limited will acquire Boots' retail operations in the UK and Ireland, Boots Opticians, No7 Beauty Company and its Thailand and franchised businesses.

Speaking to a charged crowd in Delhi, the PM underlined that when he began his journey 25 years ago as chief minister of Gujarat, he had never imagined that such a phase would come in his life. He said this was not an occasion for glorification of a person, but for looking at how far the country had come during this period.

Foreign investors pulled $26.3 billion from emerging-market stocks and bonds in September due to rising US yields. The hawkish Federal Reserve's interest rate hike influenced this first outflow since June. Additionally, heavy foreign selling in South Korea resulted in a significant decrease in emerging-market equities. While fixed-income assets attracted $246 billion this year, equities saw year-to-date outflows of $113.9 billion.

In response to rising production costs, the government is launching a sub-committee to assess fixed-cost payments for urea producers. This initiative may lead to changes in the payment framework, directly impacting government subsidy allocations. The current fixed-cost formula has been stagnant since the financial year 2002-03, prompting industry advocates to request that heightened costs be factored into forthcoming reviews.

The BJP commemorated PM Narendra Modi's remarkable 25-year journey in public service with celebrations across the country. Union home minister Amit Shah emphasized this era as pivotal in Indias democratic evolution. The festivities marked critical achievements like poverty reduction, enhanced national security, and infrastructure advancements, including the abrogation of Article 370 and temple constructions, praising the economic strides made under Modis stewardship.

Government data shows toll volume fell 5.2% to 2.13 billion in April-September from 2.25 billion in the year-ago period. Toll revenue rose 6.27% to Rs 42,971.82 crore from Rs 40,433.53 crore in the same period of 2025-26, a much slower pace of growth than in previous years.

The Lakhpati Didi initiative, launched in 2023, aims to enhance women's income and savings in India. Recent studies indicate that household income has increased by 61% since the program's inception. Notably, the number of women-led enterprises has surged by 48% within a year.

The country has strong domestic consumption, relatively low private-sector debt and favourable demographics, along with rapidly expanding digital and physical infrastructure. But the growth opportunity is conditional: The transition should be driven by domestic reforms rather than protectionism, Gill, a former chief economist and senior vice president for development economics at the World Bank Group, said in an interview with ET in New Delhi.

Ericsson is working with the Indian government to encourage component suppliers to establish manufacturing bases in the country, CEO Andres Vicente told ET. The telecom equipment maker is also expanding exports, design capabilities and R&D in India, while developing technology to make satellites compatible directly with handsets and other devices.

'God help NYC for electing jihadist sympathizer': Mamdanis Oct 7 'Israel genocide post sparks fury

Why are we so easily drawn to beauty? Greek philosopher Socrates offers an interesting take on attraction, suggesting beauty can draw people together and play a role in relationships, love and the continuation of the human race.

Mike Flanagan has released a new adaptation of Stephen King's Carrie, which is available on Prime Video. The series features Summer H. Howell as Carrie White and Samantha Sloyan as Margaret White. New members of Prime Video can take advantage of a 30-day free trial to watch the series. Flanagan's work is noted for its engaging monologues, which are highlighted in the show.

Christa Pike, whose death sentence stemmed from a 1995 conviction, underwent a controversial execution attempt on September 30. Reports indicated her family was informed of her brain death, but surprisingly, Pike has since regained a limited ability to communicate. Her attorney is advocating for the preservation of evidence due to serious doubts surrounding lethal injection methods.

California Governor Gavin Newsom has called for the invocation of the 25th Amendment against President Donald Trump. Newsom labeled Trump as mentally ill following his controversial comments at a Nebraska rally. Various California politicians criticized Trump's remarks about cities like Los Angeles and San Diego. Trump's statements are concerning for Republicans as they may energize Democratic voters ahead of the midterms.

Finland's Licensing and Supervision Agency has ordered Google to stop work at two data centre sites. The halt affects projects planned in Muhos and Kajaani due to necessary environmental impact assessments. Google intends to follow the guidance of the agency and respond by October 14. The company's 13 billion investment in Finland remains unaffected despite this setback.

The agreement was part of the joint statement adopted after the fourth UK-India Financial Markets Dialogue, held in London on September 29 , the finance ministry said.

Flight 6E925, operating from Patna to Lucknow, took the lightning strike while approaching Chaudhary Charan Singh International Airport. Despite the incident, the Airbus A320-251N completed the landing safely.

US Treasuries are facing significant selling pressure as yields hit new highs, fueled by ongoing inflation concerns. Higher oil prices have exacerbated worries about sustained inflation in the market. The 10-year and 30-year bond yields have soared to their highest levels in 24 years. Additionally, rising corporate borrowing is vying for investor capital, contributing to supply constraints. Amid these dynamics, the Treasury plans to auction $39 billion in 10-year notes.

K T Rama Rao took a stand against Rahul Gandhi, condemning his undemocratic behavior during a protest in Delhi. He pointed out Gandhi's involvement in the political chaos in Telangana through ties with Revanth Reddy. The situation worsened with the arrest of BRS leader Krishank Manne, who is linked to allegations concerning Reddy.

Elon Musk has accused unnamed oligarchs of blocking Starlinks India entry to protect their monopolistic business interests, calling it a crime against the people of India. His comments came after SpaceX executive Lauren Dreyer said Starlink is ready to launch once it secures the remaining government approvals, including security clearance.

India's GST Revolution: GST has transformed India's indirect taxation system, eliminating many previous levies to streamline compliance and taxation. Following its introduction in 2017, businesses adjusted to new frameworks and updated regulations. Key changes included the phased introduction of e-invoicing and the removal of border checkposts enhancing logistics.

Christa Pike, a death row inmate in Tennessee, is recovering after a failed lethal injection attempt. After multiple complications during her execution, Pike was taken to the hospital, where she was intubated. Doctors reported that she is now conscious and able to communicate, although her long-term prognosis is uncertain. Her legal team has expressed concerns over the execution's handling and has requested her death sentence be commuted.

'Every dollar spent on Hezbollah, Hamas, Houthis': Rubio blames Iranian clerics for economic crisis

During the first half of the fiscal year 2026-27, private sector banks saw their share in the tri-party repo market come down, while public sector banks boosted their position in the collateralised overnight money market. Notably, mutual funds maintained a strong presence in the tri-party repo market.

Elon Musk on Wednesday alleged that Starlinks entry into India is being blocked by certain oligarchs seeking to protect their monopolistic chokehold over Indian consumers. Without naming the individuals or companies, Musk accused them of preventing the satellite internet service from entering the Indian market and called it a crime against the people of India.

The Congress has asked its Pradesh, District and Block Congress Committees to hold protests at the state, district and block/mandal levels tomorrow.

Actress Yami Gautams 100-year-old home in Mandi, reportedly priced at a whopping Rs 8 crore, reflects a traditional Himachali architectural heritage. Built primarily with wood and stone instead of concrete, the residence is believed to showcase the centuries-old Kath Kuni construction technique. This ancient, indigenous method combines stone and wood to create structures that can survive the harshest of weather and earthquakes.

Myntra will launch its Big Fashion Festival on October 8. This year, the festival will showcase over 21,000 brands and more than 8 million styles. Ethnic wear, beauty products, and luxury items will be highlighted during the event. New celebrity collaborations and emerging brands are also part of the offerings.

The Reserve Bank of India has stated its intent to stabilize the undervalued rupee, which reached a five-month low. Despite raising the policy rate for the first time since February 2023, the rupee has fallen due to foreign capital outflows. According to economists, the stronger dollar index contributes to the rupee's pressure in the market. Interventions by the central bank included dollar-rupee swaps to manage liquidity effectively.

Indian markets ended lower on Wednesday as the Sensex fell 429 points and Nifty dropped over 173 points, snapping a two-session rally. Investors reacted to the RBIs rate hike and calibrated tightening stance, while banking stocks gained and broader sentiment remained cautious.

Released in 1998, Kumar Sanu's 'Jab Kisiki Taraf Dil' from Pyaar To Hona Hi Tha is a timeless masterpiece known for its haunting melody and poignant lyrics. The captivating on-screen partnership of Ajay Devgn and Kajol played a key role in the song's enduring popularity. Sanu cherishes the song, which continues to enchant audiences and attract fresh listeners nearly three decades later with its heartfelt simplicity.

Analysts recommend five stocksBlack Box, Deep Industries, MRPL, Leela Palaces and Kotak Mahindra Bankfor medium-term gains after the RBI shifted to calibrated tightening. Technical setups show breakouts, bullish momentum and strong support, while investors await September-quarter earnings and management commentary.

India and the EU are set to strengthen trade relations and increase investments from German companies. The Indo-German Engineering Summit highlighted opportunities in advanced manufacturing and sustainability. Jan Noether emphasized the need for German companies to invest in local supply chains in India. Collaborations in technology sectors could enhance India's manufacturing capabilities and create engineering jobs. Greater engagement between Indian and German firms may foster long-term busines

The National Company Law Tribunal has set a new benchmark by approving 107 Resolution Plans in the second quarter of FY 202627, a remarkable rise from 60 approved plans in the corresponding quarter of the previous year. Over the first half of the financial year, a total of 185 plans were sanctioned. To date, the Tribunal has approved 1,735 Resolution Plans since its beginning until the end of September 2026.

Webull shares fell by more than 18% following a report connecting the platform to the Chinese government. The House Select Committee on China revealed discrepancies between Webulls marketing and its operational reality. Concerns were raised about the companys reliance on infrastructure subject to Chinese laws. Analysts expressed uncertainty about the regulatory implications affecting the stock's performance. This scrutiny reflects growing apprehension in Washington regarding Chinese involvement

Webull's shares fell more than 18% on Wednesday after CNBC reported that a US congressional panel had found the online trading platform ied in structural ways to China's government.

The recommendations come as the central bank manages inflation risks alongside pressure on the rupee and capital flows. A 50-basis-point increase in December would mark a sharper pace of tightening than Wednesday's hike, if inflation and global conditions take the expected path.

Flour prices in Peshawar have sharply increased, leading to significant rises in roti prices as well. Bakers have reportedly raised the price of a 50-gram roti by 50%, exacerbating public anger. The government claims to be supplying subsidized flour, yet it remains scarce in the open market. Authorities are monitoring dealers amidst accusations of an artificial shortage in the region.