The Economic Times

Stockton Rush, the CEO of OceanGate, met a tragic fate during a dive to the Titanic wreck when the Titan submersible imploded. According to his friend Karl Stanley, Rush was eager to weave his own narrative into Titanic's legendary history, chasing fame. The US Coast Guard's investigation found that operational failures led to the disaster, while negligence on Rush's part was implicated in the loss of four lives.

Emerging markets are displaying surprising economic resilience in light of the Federal Reserve's tightening measures. Stronger fiscal fundamentals and high bond yields provide emerging market central banks with greater flexibility. Some countries are even considering rate cuts, which may not have been possible in the past. Investor sentiment is shifting towards emerging markets as they are viewed more favorably compared to developed economies.

Wall Street opens lower as renewed weakness in AI-linked stocks and higher oil prices weigh on the major indexes. The Dow Jones slips 0.01%, while the S&P 500 falls 0.15% and the Nasdaq drops 0.37%. Investors remain cautious ahead of major corporate earnings reports due this week.

Deepika Padukone and Ranveer Singh took to social media to unveil the name of their second daughter, Devi Padukone Singh, amid the festivities of Dussehra, a time commemorating the triumph of good over evil. Their first daughter, Dua, named for prayer, pairs beautifully with her sibling's moniker, reflecting their reverence for cultural significance. To mark this occasion, the couple shared a heartwarming family photo exuding warmth and togetherness.

Harsha Gopal Kadam, CEO of Schaeffler India, was taken into custody on October 19 for investigation. This relates to a factory accident that occurred on June 9, resulting in two worker deaths. The deaths happened due to a sudden discharge of carbon dioxide during a cylinder replacement. Schaeffler India stated that it has cooperated with authorities throughout the investigation process.

Launched at the UN Biodiversity Conference, the New Species Recovery Alliance has garnered a substantial pledge of $500 million. This collaborative initiative, involving nine organizations including the Bezos Earth Fund, is set to combat species extinctions and facilitate the recovery of endangered species globally. With over 31,000 species facing extinction, urgent conservation measures are more crucial than ever, as the alliance partners with local groups to develop effective recovery strategi

Hilton Worldwide plans to shift its stock listing from the NYSE to Nasdaq, with shares set to begin trading under the HLT ticker on November 5. The hotel operator says Nasdaq's focus on technology and innovation aligns with its growth strategy as it strengthens its technology and innovation efforts.

CATL reports slower third-quarter profit growth as intense competition in Chinas EV battery market weighs on earnings. Net profit rises 14.5% to 21.2 billion yuan, below estimates, while revenue grows 58.6%. CATL also unveils new heavy-duty truck batteries and plans to expand its battery-swapping network.

Rahul Gandhi, as the Leader of the Opposition in Lok Sabha, has criticized the RSS for gender inequality. He described the organization as an all-male, anti-constitutional cult that devalues women. Gandhi expressed that many women within the RSS align themselves with his political stance. He has urged the youth to continue protesting against what he perceives as unjust actions by the RSS-BJP.

Jio Platforms is preparing for its IPO while focusing on debt reduction and bolstering the balance sheet. The company plans to enhance customer engagement and revenue through digital service expansion and 5G monetization strategies. Jio is also exploring satellite connectivity opportunities to ensure broad access to digital services in India and beyond. Investment in technology and operational efficiencies remains a priority for sustainable growth.

The event was held in Mumbai on Monday and marked the first public appearance of the actor after the incident. In the pictures and videos circulating online, Jackie is seen posing alongside Fadnavis and other attendees at the event.

Sunny Leone has bought a white Jeep Wrangler Rubicon in Texas, calling it mamas beast in an Instagram video. Known for its off-roading capabilities, the SUV features a 2.0-litre turbo-petrol engine, an eight-speed automatic gearbox and a four-wheel-drive system. What made her pick this vehicle and how much would it cost to buy one in India?

Marco Rubio expressed support for high-level arms control discussions among the US, Russia, and China. He highlighted the importance of communication among nuclear-armed nations, despite existing differences. Rubio noted that it is unclear if China will engage in these talks, referencing their historical stance. Reports indicate a potential meeting of the three leaders at the upcoming Asia-Pacific Economic Cooperation summit.

Britain is increasing military support for Saudi Arabia in response to Houthi attacks on its cities. Royal Air Force Typhoon jets will conduct defensive operations over Saudi Arabia to protect civilians. Additionally, military transport will be sent along with advisers to assist the Saudi forces. The U.K. had previously promised in-air refueling for Saudi operations against the Houthis.

US Secretary of State Marco Rubio stated that negotiations for a trade deal with India are approaching completion. He highlighted discussions with Indian Foreign Minister Subrahmanyam Jaishankar about energy security and defense cooperation. While tensions over tariffs and energy continue to challenge negotiations, both countries aim to deepen their economic ties. Rubios visit to India includes a tour of the Reliance Industries refinery and meetings with business leaders.

In a strategic move to streamline hospital cash flow, HealthRail is offering expedited access to accrued revenues. This initiative specifically addresses the payment delays that hospitals experience with insurance providers and public funding programs. By lowering days sales outstanding for qualifying receivables, this system aims to substantially bolster hospitals' liquidity.

8th Pay Commission salary calculator: Scheduled for October 22 and 23 in Mumbai, the 8th Pay Commission meetings will address key topics such as salaries, pensions, and allowances. The proposed basic pay rise is likely to have a substantial effect on gross salary calculations across employee levels. Estimates for pay increases particularly for Levels 3 to 6 have been compiled, indicating a significant shift in the pay framework for central government staff in the future.

Alberta separatists have vowed to continue their push for independence after 76% of voters rejected a proposal to begin the process toward separation from Canada. The result marks a setback for the independence movement and a win for Prime Minister Mark Carney, but campaigners say their grievances with Ottawa remain unresolved

Meta's upcoming third-quarter results will reflect its significant investments in artificial intelligence technologies and products. The company's revenue is expected to grow by 23.8%, despite intense competition from rival firms. Analysts predict a decline in net income, estimating it at $15.44 billion for the quarter. Investor confidence has increased due to positive responses towards its Muse personal assistant and new AI models.

PRISM is set to scale back its initial public offering from Rs 6,650 crore to Rs 3,350 crore in light of its robust cash flow and enhanced balance sheet. The majority of the newly structured funds will focus on repaying or prepaying debts. Moody's Ratings has adjusted PRISM's outlook to positive, anticipating growth in EBITDA. Notably, OYO's founder, Ritesh Agarwal, and SoftBank maintain substantial stakes in the venture.

As ongoing protests grip France, the yields on government securities, known as OAT, have surged to a peak not seen in over 24 years. Both Marine Le Pen and Jean-Luc Melenchon lead polling efforts, presenting hurdles for any potential fiscal reforms. Such public demonstrations illustrate the persistent opposition any administration encounters while trying to enact essential reforms.

Real estate firms in India are anticipating a significant increase in branded residences by 2032. A report suggests nearly 25 ultra-luxury housing projects will be completed in this period. Major developers have partnered with renowned brands to cater to the super-rich market. The demand for these residences is driven by rapidly increasing wealth among high-net-worth individuals. This trend reflects changing consumer expectations for quality and lifestyle within the luxury segment.

3M has revised its profit outlook for the year, expecting a boost in adjusted earnings per share. Their quarterly revenue reflects growth thanks to the safety and industrial segment. Strong industrial demand and sales increases in targeted markets are contributing factors. Despite hurdles in some consumer areas, 3M is successfully unveiling innovative products while focusing on improving customer service and operational efficiency for sustained growth.

GE Aerospace has increased its 2026 adjusted earnings forecast due to continued demand for engine maintenance. The demand for spare parts remains high, which supports their financial outlook. Airlines are facing rising fuel costs due to disruptions in oil supply and are adjusting their capacity accordingly. Despite potential pressures on flight schedules, GE Aerospace's revenue from services is expected to remain strong.

General Motors exceeded analyst expectations in third-quarter earnings, driven by robust demand for their pickups and SUVs. The company reported an adjusted EBIT of $4.1 billion, marking a 22% year-over-year increase. Despite facing inflationary challenges, GM forecasts an adjusted EBIT of $14.5 billion to $15.5 billion by 2026. Additionally, a $20 billion stock buyback program was initiated to bolster share value.

On Tuesday, the Bharatiya Janata Party escalated its attack on Rahul Gandhi, accusing him of taking a trip to Vietnam amid important political discussions. Meanwhile, Congress leader Sandeep Dikshit stood up for Gandhi, contrasting his foreign engagements with Prime Ministers travels during parliamentary sessions. The opposition, meanwhile, is calling for the resignation of Chief Election Commissioner Gyanesh Kumar, alleging procedural irregularities in the electoral roll revision process.

The Centre is initiating a review of the National Mineral Policy, 2019, to address current sector demands. A nine-member committee will review the policy to reflect recent developments, especially in critical minerals. The committee is expected to submit recommendations within two months after its formation. Experts emphasize the need for a revised policy to enhance India's mineral potential and investment.

Nandani Sharma and Kranti Gaud have improved their rankings following the T20 series against Zimbabwe. Nandani rose to 45th place after taking three wickets in two matches, achieving 507 rating points. Kranti also climbed to 43rd after a solid performance in the opening match. Shafali Verma scored 55 runs in the second match, maintaining her fourth rank in batting.

US Secretary of State Marco Rubio is currently in Mumbai to discuss cooperation with India in various sectors. Topics will include trade, energy, investment, defense, and technology amid ongoing Middle East tensions. This visit follows previous strains in US-India relations due to tariff and immigration issues. Both nations are optimistic about progress on a potential bilateral trade deal.

Chinas new export controls on tunnel boring machines (TBMs) have highlighted Indias reliance on overseas suppliers for specialised infrastructure equipment even as the government moves towards a $1.2 billion incentive scheme to expand domestic manufacturing. The proposed package aims to attract $1.8 billion in investment over seven years, but the bigger challenge will be building local capabilities in high-value components and machinery rather than simply replacing Chinese imports.

Heat storms have increased dramatically, causing severe global consequences including excess deaths and environmental catastrophes. Recent heat storms have been identified as a new classification, representing larger and more persistent heat events. The intensity of these heat storms has worsened due to climate change and greenhouse gas emissions. Associated weather patterns have significantly disrupted ecosystems and agriculture worldwide.

Rajeev Chandrasekhar supported Mohan Bhagwat's comments regarding the potential risks associated with protests in India. He noted that India's post-COVID recovery has been commendable compared to other nations. Chandrasekhar raised concerns about societal unrest that might impede the nation's progress. He criticized Sanjay Raut for promoting chaos and urged a commitment to democratic principles.

Kerala-born model Ravleen Varghese made her Victorias Secret Fashion Show debut on October 18, 2026, sharing the runway with Gigi Hadid, Bella Hadid and Adriana Lima. Scouted at 18 after moving to Delhi for design school, she first gained attention at New York Fashion Week. She has since worked with international luxury labels Dior and Loewe.

The tractors rolling into the town of Gela on the southern tip of Europe are flying the Sicilian flag, emblazoned with Medusa, three bent legs and ears of wheat, a reminder of the island's role as a breadbasket

A manager's experiment with his own company's job vacancy has sparked debate about automated recruitment after he claimed his application was rejected within six minutes because his CV listed React instead of React.js.

Indian equities weakened amid negative global cues and selling in private banks and IT stocks, pushing the Nifty below 23,000. Choice Equity Brokings Sachin Gupta recommends four stocksFederal Bank, ACME Solar, Dr Reddys Laboratories and Union Bankfor potential upside.

Cellphone theft remains a significant concern for many Brazilians amid a decline in overall crime rates. In Sao Paulo, where phone thefts are highly prevalent, both presidential candidates are responding to public unease. President Luiz Inacio Lula da Silva has introduced increased penalties for phone theft, while challenger Flavio Bolsonaro has proposed stricter sentences. Affected individuals express feelings of vulnerability and stress after experiencing theft, further highlighting public saf

Kitchen fire incident news: A delivery agent has won hearts online after stepping in to help Dr Shivangi Joshi when a fire broke out in her kitchen during a parcel delivery. Sharing CCTV footage on Instagram, Joshi praised his quick response and thanked him for helping her during the emergency.

India's External Affairs Minister S Jaishankar met with UAE's Sheikh Abdullah bin Zayed Al Nahyan to discuss regional stability. Jaishankar expressed concerns about the situation in West Asia while emphasizing the importance of dialogue. The Comprehensive Economic Partnership Agreement has enhanced trade relations between India and the UAE significantly. Bilateral trade has surpassed $100 billion, fostering further partnerships in various sectors.

ET Wealth Reader's Query: I am 57. I recently sold a piece of land near Jewar airport, resulting in a long-term capital gains (LTCG) tax liability of around Rs 16 lakh. I am considering two options: reinvesting the proceeds in another property of a similar value to claim the available tax exemption, or paying the LTCG tax and investing the remaining amount in mid-cap mutual funds to grow the corpus further. Since I already have an adequate retirement corpus, would it make more sense to pay the t

Bethenny Frankel acquired a charming yet outdated Colonial residence in Connecticut and initiated substantial renovations to give it a contemporary touch. This spacious five-bedroom estate boasted appealing amenities like a pool and several fireplaces, attracting numerous potential buyers. After the kitchen makeover and installation of modern systems, the property hit the market and fetched around $3.

BJP president Nitin Nabin extended his warm congratulations to the Rashtriya Swayamsevak Sangh volunteers on their foundation day, commending their unwavering commitment to service. He highlighted their vital role in fostering societal organization and promoting the motto 'Nation First'. Nabin expressed hope that the values of service and cooperation instilled by the swayamsevaks will inspire future generations to contribute to nation-building.

Congress president Mallikarjun Kharge on Tuesday said he would explain to Prime Minister Narendra Modi on October 21 his concerns over the Special Intensive Revision (SIR) of electoral rolls, delimitation and women's reservation.

Conducted in the arid expanses of New Mexico's Chihuahuan Desert, a pivotal study investigated the impact of rabbit exclusion on local vegetation, primarily focusing on spike dropseed grass. Over the years, researchers documented significant variations in grass growth in relation to animal presence, revealing the challenges of restoring dryland ecosystems.

US Secretary of State Marco Rubio is in India to enhance cooperation in energy, trade, and defense matters. His visit focuses on advancing the India-US Comprehensive Global Strategic Partnership and includes discussions on economic engagement. Rubio's earlier trip in May involved meetings with Prime Minister Narendra Modi and External Affairs Minister S Jaishankar. The anticipated bilateral trade deal aims to address tariff issues and boost market access.