The Economic Times

Howard Buffett is set to become Berkshire Hathaway's new chairman, succeeding his father Warren Buffett, who will become chairman emeritus. The 71-year-old has served on Berkshire's board for 33 years and is expected to focus on preserving its culture. His career spans business, farming, conservation, law enforcement and philanthropy.

Amid rising investor concerns surrounding France's fiscal health leading up to next year's elections, risk premiums on French government bonds have surged to levels not seen since the euro zone debt crisis. The country grapples with a tough budget situation, prompting plans for a substantial savings initiative aimed at mitigating the increasing budget deficit, which has impacted French banking stocks and the main stock index significantly.

As investors analyze the economic landscape, US Treasury yields have seen an uptick, fueled by discussions around future rate hikes by the Federal Reserve. The Bank of Japan has also joined the trend, elevating interest rates to their highest point in thirty-one years. Meanwhile, global inflation pressures are exacerbating the situation, propelling a new phase of rate tightening.

HDFC Mutual Fund bought 13.90 lakh Entero Healthcare Solutions shares worth Rs 235.6 crore through a block deal at Rs 1,695 apiece. Prasid Uno Family Trust sold the shares, representing about 3.19% of the companys equity, amid recent stock gains.

Bitcoin has gained 61.7% over five years, outperforming Ethereum and Solana, which declined 26.2% and 27.9%. Analysts attribute Bitcoins lead to institutional adoption, ETF flows, liquidity and scarcity, while Ethereum and Solana remain more sensitive to network activity and crypto narratives.

The Federal Reserve will soon finalize changes to its bank stress tests. These reforms aim to increase transparency and predictability for lenders. The central bank will reveal more details about its testing models and scenarios. A new rule will average recent stress test results for capital requirements. This overhaul seeks to reduce volatility in bank capital buffers.

The benchmark S&P 500 and the tech-heavy Nasdaq indexes opened slightly higher on Friday, while the Dow was flat as investors digested conflicting signals from lower oil prices and

The Japanese yen faced a sharp decline against the dollar in the aftermath of the Bank of Japan's recent interest rate hike. This decision, which did not sit well with two dissenting policymakers, has sparked skepticism about forthcoming monetary policy adjustments. On a different note, easing oil prices reflected diminished supply concerns in Saudi Arabia, with overall currency markets exhibiting relative steadiness as traders evaluated global economic conditions.

Bitcoin has gained 61.7% over five years, outperforming Ethereum and Solana, which declined 26.2% and 27.9%. Analysts attribute Bitcoins lead to institutional adoption, ETF flows, liquidity and scarcity, while Ethereum and Solana remain more sensitive to network activity and crypto narratives.

Hi-Tech Flow Solutions has filed its DRHP for a Rs 300 crore IPO comprising a fresh issue and offer-for-sale. The company plans capacity expansion, debt repayment and corporate purposes, while targeting growing demand for HSAW pipes across infrastructure sectors.

Bhumika Realty has secured a 24,000 sq ft lease with Lifestyle, marking a significant milestone for their new project, 'The Icon', currently under development in Faridabad. With this mixed-use venture, Faridabad is quickly positioning itself as a key player in the NCR's retail landscape. This deal underscores the rising interest of prominent brands in organized retail within the city, setting the stage for further growth.

Indian government bonds have fallen for five consecutive weeks. A Federal Reserve rate hike and RBI liquidity measures emboldened bond market bears. Global yields reached multi-decade peaks, and the Fed raised rates by twenty-five basis points. The Reserve Bank of India sold bonds, draining significant liquidity from the system. This situation increases the likelihood of an RBI rate hike in October.

Warren Buffett has stepped down as Berkshire Hathaway chairman and become chairman emeritus, with Howard Buffett taking the role. Greg Abel remains CEO. Buffetts six-decade investment philosophy highlights valuation discipline, patience, competence, emotional control and the power of long-term compounding.

Eurozone bond yields were headed for their first weekly decline since early August as investors pared back expectations of further ECB rate hikes. Meanwhile, US Treasury yields stabilised after the 10-year yield briefly breached 5% earlier this week.

Indian equities ended higher on September 18, led by softer crude prices and supportive Asian cues. Nifty gained 0.31%, while Sensex rose marginally. Midcaps and smallcaps advanced over 1%, volatility eased, and Adani Ports topped Nifty gainers with a 4.94% rise.

SIFs are emerging as a new investment category for investors seeking sophisticated strategies within a regulated fund structure. At ET Alpha Wealth Summit 2.0, Radhika Gupta, MD & CEO of Edelweiss Mutual Fund, will discuss whether SIFs can bridge mutual funds and alternative investments, along with their opportunities, risks and portfolio implications.

Adani group stocks rallied on Friday after Jefferies highlighted growth prospects across energy, ports and power businesses. Adani Total Gas gained over 12%, while Adani Energy Solutions, Adani Green, Adani Power and Adani Ports advanced following positive brokerage commentary and targets.

The Indian rupee witnessed a downturn this week, driven by expectations of rising global interest rates. Following fluctuations, oil prices stabilized amid ongoing tensions in the Middle East. Analysts project that central bank interventions will prevent the rupee from falling below 96 per dollar. Meanwhile, Asian currencies displayed varied performance, and regional stock markets enjoyed a modest uptick, bolstered by foreign portfolio investments supporting the rupee's stability.

Indian stock markets showed divergence as Sensex closed lower and Nifty ended higher. Sharp swings occurred during the closing auction session, impacting both indices significantly. Broader markets, including smallcap and midcap indices, significantly outperformed the benchmarks. Several large-cap stocks experienced declines, while others saw substantial gains. Investor sentiment improved due to easing crude prices and global yields, despite ongoing uncertainties.

Warren Buffett has stepped down as Berkshire Hathaway chairman, effective immediately. He will now serve as chairman emeritus, retaining board membership and advisory roles. Howard Buffett, a director since 1993, has been elected as the new chairman. Greg Abel continues as chief executive officer, and Susan L. Decker remains Lead Independent Director.

Five listed BSE Commodities Index stocks touched fresh 52-week highs on Friday despite the Sensex closing 20 points lower. Bodal Chemicals led gains with a 174% monthly rise, followed by Valiant Organics, West Coast Paper Mills, GOCL Corporation and Neogen Chemicals.

India signed FTAs with the EU and UK. Is that a problem for the WTO? Ngozi Okonjo-Iweala answers

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Rediff.com's upcoming initial public offering (IPO) may find additional monetisation avenues as a result of the government's decision to levy a Merchant Discount Rate (MDR) of 0.4% on select high-value UPI merchant transactions, market analysts said after the new regime was announced on Tuesday.

The deadline for uploading tax audit reports is set for September 30, 2026, specifically targeting certain taxpayers. Chartered accountants will manage the upload of the tax audit report on the e-filing portal, after which taxpayers need to accept and e-verify the tax audit report.

Anne Franks diary remains a powerful record of life in hiding during the Nazi occupation of the Netherlands. Amid fear, suffering and uncertainty, the young Jewish diarist reflected on her hopes for the future and her refusal to let darkness define her life. Her words continue to offer a timeless reminder to seek hope, meaning and light despite adversity.

Actor Vikrant Massey is set to launch two innovative cafes in the picturesque regions of Uttarakhand and Himachal Pradesh. Drawing inspiration from his acclaimed web series Musafir Cafe, these cafes are already under construction. Each location promises a unique experience with twenty dedicated artist residency rooms, fostering creativity and collaboration in stunning natural surroundings.

A powerful suicide blast struck a mosque in Pakistan's Kohat district during Friday prayers. The attack killed at least sixteen people and injured over fifty worshippers. Five police personnel and eleven civilians were among the confirmed casualties. Emergency response teams arrived quickly to transport victims to nearby hospitals. No group has yet claimed responsibility for the devastating suicide attack.

A powerful explosion at a mosque in northwest Pakistan killed at least eight people. Dozens of others sustained injuries in the blast which occurred near the old Police Lines. Emergency teams rushed to the site and launched a swift rescue operation. Responders are currently on the scene evaluating the developing situation. No group has yet claimed responsibility for the deadly explosion.

The recent announcement to elevate the EPF wage ceiling represents a significant advantage for employees. By contributing more each month, individuals can amass a larger retirement fund over their careers.

Mazagon Dock Shipbuilders will invest Rs 15,000 crore in Andhra Pradesh over seven years. A new greenfield shipyard will be developed at Dugarajapatnam, creating many jobs. This project is part of Andhra Pradesh's proposed shipbuilding and port cluster. The state's report estimates the shipbuilding yard at Rs 29,254 crore. The shipbuilding cluster is being developed under the central government's scheme.

Ohios 9th District is a rematch between Democratic Rep. Marcy Kaptur and Republican Derek Merrin. Kaptur is the longest-serving woman in House history, but the district has been redrawn to favor Republicans. Merrin came close to defeating her in 2024, making the seat one of the clearest House tests of incumbency against partisan realignment.

Registration of Will is optional but at least two attesting witness in Will is mandatory; Know what the law says. This article explains it all.

Asia's Olympic chief expressed a desire for an athletes' village at the Japan Games. Organizers faced accommodation shortages for over seventeen thousand athletes and officials. Competitors are housed in hotels, huts, and a cruise ship due to budget constraints. The Olympic Council of Asia aims to increase participant numbers for future events. Future Asian Games are planned for Doha and potential host nations are expressing interest.

Global gasoline exports have declined 24 per cent year-on-year as high diesel prices encourage refineries to priorities diesel production, tightening gasoline supplies across major markets, according to a Goldman Sachs report.

The BJP has countered Rahul Gandhi's allegations of 'government chori' and 'party chori' by reminding him of Congress's track record. Sudhanshu Trivedi, the party's spokesperson, indicated that Congress has a history of destabilizing rival parties. He urged Gandhi to scrutinize his own party's past while asserting the BJP's enduring commitment to democracy.

DUSU elections 2026: Safety, hostels, metro passes top ABVP-NSUI agenda

India's men's soft tennis team was defeated by Indonesia in the quarterfinals. The Indian team secured two group stage wins against Mongolia and Lao. They faced a 0-2 loss to Indonesia in their quarterfinal match. Jay Meena and Yogesh Choudhary opened the doubles match for India. Aryan Thakur then lost his singles match, sealing the defeat.

Former coach Vimal Kumar believes India can surpass their previous Asian Games medal tally. He stated that consistency from singles players is crucial for achieving this goal. Indian players must deliver strong performances in key matches during the upcoming tournament. The team's success hinges on strong starts from the first two singles matches. India's contingent is preparing for the team and individual events in Japan.

As new industries emerge, cash-flow-based lending is poised to play a pivotal role in their growth. With traditional collateral often absent, banks such as the State Bank of India are actively researching this funding model. To extend financing effectively, a deep comprehension of technology and anticipated revenue is crucial, as banks frequently encounter obstacles in determining revenue and cash flow for innovative projects.

Colorados 8th District is a suburban and exurban battleground north of Denver. Republican Rep. Gabe Evans is defending the seat against Democrat Manny Rutinel after Evans narrowly defeated Democrat Yadira Caraveo in 2024. The district brings together fast-growing communities, Latino voters, suburban professionals and more conservative voters outside the Denver metropolitan area.

Across Hyderabad's tech corridors, weekend mornings look different than they did a year ago. Instead of sleeping in, growing numbers of young professionals are lacing up before sunrise, drawn less by fitness fads and more by the discipline a race date brings to an otherwise unpredictable work week. The Times Internet Half Marathon, coming to the city, is set to be the stop for many of them.

India is experiencing a once-in-a-generation demand window in semiconductors and must shift from Engineered in India to Invent in India, according to Infosys Senior Vice President Vikram Meghal at SEMICON India 2026.

Dr Priyam Bordoloi highlighted five everyday habits linked to stroke risk, including skipping nighttime brushing, working 55 or more hours weekly, ignoring loud snoring, smoking even one cigarette a day and starting estrogen-containing contraceptives without discussing migraine aura. He stressed that while some risks are difficult to control, people can act on factors such as oral care and smoking.

Moodys has raised Indias FY27 real GDP growth forecast to 7% from 6%, citing the economys resilience amid the Middle East conflict and elevated energy prices. Strong domestic consumption, investment, manufacturing and services are supporting growth, though higher oil prices, inflation, US tariff risks and food-price pressures remain concerns.

In an era where womens rights were nothing more than a laughingstock in India and women were bartered away like cattle for marriage even before entering puberty, one lady became a one-woman army and boldly chose imprisonment over staying with the husband she was married off to as a child. Her case made headlines both in India and London, and eventually, with some help from Queen Victoria herself, Rukmabai Raut became the first Hindu woman to obtain a divorce in India.

Bitcoin held near $77,000 despite a hawkish Federal Reserve, weak crypto ETF flows and a Senate setback for the CLARITY Act. Experts said the cryptocurrency remains in a cautious recovery phase, with support around $76,000-$76,100 and resistance near $76,850-$77,000, while volatile ETF flows signal investor caution.