The Economic Times

A recent IPO listing significantly boosted the Motilal Oswal Digital India Fund's net asset value. ESDS Software's stock more than doubled on its market debut, contributing to the fund's gain. This sharp rise in the fund's NAV is considered rare for diversified equity schemes. The fund manager noted the strong performance of an anchor allocation from the IPO. Future NAV increases are possible as ESDS Software continues its upward trend.

Samsung India is reducing its workforce in batches. This action stems from pressure on smartphone sales and profit margins. Memory chip prices have more than doubled, impacting the business. Around eighty to one hundred executives have already been let go. Up to twenty-five percent of the sales and marketing staff may be affected.

India expanded its crude sourcing to 31 countries during the six-month Iran war period, but supply concentration increased sharply as Russias share surged to 47%. The Herfindahl-Hirschman Index rose 56% to 2,513, indicating high concentration, while nine of 10 new suppliers together contributed just 1.4% of imports.

Reliance Jio is targeting a September 2027 test flight for its planned 1,600-satellite low Earth orbit constellation, with mass deployment expected from early 2028. The company plans to deploy 400-450 satellites by 2030 and complete the network by 2035, aiming to deliver high-speed broadband to underserved regions.

Quote of the day by Denis Waitley offers a timeless blueprint for living with greater purpose: respect the lessons of the past, create a compelling picture of the future, and concentrate on the present moment where personal control actually exists. The past should inform us without imprisoning us. The future should inspire us without overwhelming us. And the present should become the place where dreams are transformed into deliberate action. Success, happiness, and personal fulfillment rarely ar

Quote of the day by Jon Kabat-Zinn presents mindfulness as a practice of wholehearted participation in life. Awareness makes room for clarity, love encourages appreciation, and compassion changes the way people relate to themselves and others. The message is especially relevant in an age when distraction and digital noise can make being fully present increasingly difficult. Mindfulness does not promise a life without stress, grief, or uncertainty. Instead, it offers a different way of meeting th

In 1766, British physicist isolated and described hydrogen triggering the evolution of science and modern green technology. Henry Cavendish identified hydrogen as a separate gas and called it inflammable air. His work on gases, water, electricity and Earths density influenced later chemistry and physics and helped establish methods used in modern scientific research.

Julia Roberts's journey into motherhood has heightened her awareness of environmental concerns. She envisioned an eco-conscious dwelling equipped with solar energy and sustainable building materials. Their main residence in Malibu, acquired in 2003, boasts breathtaking views of the Pacific Ocean and consists of several structures.

On September 8, 2026, four zodiac signs could experience a surge of good fortune, thanks to a favorable alignment between Venus and Jupiter. Scorpios are encouraged to harness their inner strength to manifest their ambitions. Taurus should enhance their environment for better concentration and productivity. Meanwhile, Leos and Aquarians will find joy in expressing their true selves and venturing into new experiences.

Quote of the day by Aristotle, Be a free thinker and don't accept everything you hear as truth. Be critical and evaluate what you believe in, focuses on independent thought, critical thinking and checking information. However, the quote is falsely attributed to Aristotle. Its message encourages people to question assumptions, examine evidence, review beliefs and avoid blind trust in opinions, rumors and authority.

In 1981, two satellites were launched by NASA to study the interactions between Earth's magnetosphere and ionosphere. The Dynamics Explorer mission used two spacecraft, DE-1 and DE-2, to study space plasma, electric currents and energy flow. Both satellites launched together and followed polar orbits. DE-1 operated at higher altitudes, while DE-2 studied the region closer to Earth before re-entering the atmosphere in 1983.

The CBI filed a supplementary chargesheet in the Reliance Commercial Finance scam case. Three ex-executives from Reliance ADA Group were named in the new charges. Fourteen more entities, including eight companies, were also included in the filing. Six bank officials from three different banks are also accused in this case. The accused face charges of criminal conspiracy, misappropriation, and cheating.

Inox Clean Energy and Purvah Green Power are leading contenders for Brookfield's Bikaner renewable energy portfolio. This 550 MW asset, supplying clean power to commercial clients, is valued at approximately 2500 crore. Hindustan Unilever and Brookfield Properties are among the portfolio's significant power purchase agreement clients. Brookfield is divesting this asset as part of a broader portfolio reshuffle in India.

A Puerto Rican proverb teaches us to avoid judging haste or delay. Quick actions are not always foolish, and waiting is not always cowardice. Wisdom lies in understanding the right moment for decisive action. This ancient wisdom remains relevant in today's fast-paced world. It encourages thoughtful consideration over superficial judgments of behavior.

Indians can use cryptocurrencies to buy goods and services domestically through overseas fintech platforms that convert stablecoins and other virtual digital assets into gift cards and vouchers. The mechanism, involving foreign platforms and Indian voucher partners, has drawn regulatory attention over potential gaps in cross-border payment, tax and AML oversight.

Bennett, Coleman & Co Ltd has partnered with OpenAI to improve content discovery. ChatGPT will now attribute BCCL journalism with direct links to original articles. This collaboration aims to connect users with reliable information from BCCL publications. Both companies will explore AI applications for new products and services. Editorial independence remains a core principle for BCCL's journalism.

Karan Rajendra Darda will lead the Indian Newspaper Society for 2026-27. Tanmay Maheshwari was elected deputy president, and Harsha Mathew is the new vice president. Anant Nath will serve as honorary treasurer for the upcoming term. The Indian Newspaper Society held its 87th annual general meeting on Monday. Mary Paul continues her role as the society's secretary-general.

In southern Sweden, a remarkable transformation has taken place with 57 old wind turbine blades from a Danish wind farm, now elegantly forming the facade of the Niels Bohr car park in Lund. This innovative project, launched in December 2025, epitomises sustainability and material reuse, offering 365 parking spaces along with electric vehicle charging points, demonstrating a creative approach to eco-friendly design.

Quote of the day by Roald Dahl: Roald Dahls quote, It is impossible to make your eyes twinkle if you are not feeling twinkly yourself, highlights the idea that true joy comes from within. His words suggest that genuine happiness cannot easily be faked or convincingly expressed without feeling it inside. In modern life, people can often feel pressured to appear happy, even when they are struggling beneath the surface. Dahls words encourage us to seek out authentic moments of joy and delight rathe

Quote of the day by Catherine, Princess of Wales: Catherine, Princess of Wales, emphasises the value of addressing problems promptly to make them easier to understand and manage. Her quote, I am a firm believer that it is absolutely crucial to confront problems as early as possible, highlights the importance of early intervention, particularly in supporting childrens mental health and wellbeing. When challenges are overlooked or left unaddressed, they can become more complicated and difficult to

Quote of the day by Katy Perry: Katy Perry finds joy in embracing different interpretations of her identity. Her quote, I am happy to be another interpretation of myself, suggests that personal growth can involve becoming comfortable with evolving versions of oneself. For the singer, fashion serves as a powerful form of storytelling and self-expression. Her perspective encourages people to embrace change rather than define themselves by a fixed identity. Perrys message highlights the freedom tha

Indian insurers are seeking greater flexibility in using equity derivatives, including allowing exposure to be aggregated across multiple funds rather than applying limits separately. The move could help insurers hedge broader equity portfolios, but adoption remains limited. Irdai allowed insurers to use equity derivatives solely for hedging existing equity exposures in February 2025.

The Supreme Court ruled criminal cases against companies can proceed without specific individuals named. This decision impacts corporate criminal liability, which remains a complex legal issue. The court rejected Sanofi India's plea to quash a cheating and conspiracy case. Allegations involve undue favors from a Bhabha Atomic Research Centre scientific officer. Corporate criminal liability is a notoriously vexed issue, the bench observed.

Carl Sagans powerful quote, For small creatures such as we the vastness is bearable only through love, reflects on humanitys place in an enormous and often uncertain universe. The words offer a deeper perspective on love, human connection, loneliness and the search for meaning, while highlighting why relationships can make life feel more meaningful despite the vastness of existence. The quote also reflects Sagans lifelong fascination with the cosmos and his belief in making the mysteries of the

The Insurance Regulatory and Development Authority of India has imposed a 1 crore penalty on ICICI Lombard General Insurance for lapses in outsourcing, vendor management and corporate governance. The regulator said the insurer failed to classify event management services involving agents of other insurers as outsourced activities or report related expenses.

The Supreme Court dismissed the government's GST demand against Vodafone Idea. This demand related to the sale of Vodafone Mobile Services' tower business. The court questioned proceedings against a non-existent entity, Vodafone Mobile Services. The Bombay High Court had previously quashed these tax proceedings. The apex court upheld the High Court's decision, citing jurisdictional issues.

Indias private banks saw fresh lending spreads widen sharply in July as FCNR(B) inflows improved liquidity and reduced reliance on expensive wholesale funding. Fresh spreads rose 22 basis points to 3.13%, nearly double those at public sector banks. However, analysts cautioned that margin gains could prove gradual and difficult to sustain.

Coal India's average daily coal production, rose by 35% to around 1.83 million tonnes on September 6 against around 1.36 million tonnes during the first three rain-affected days of September. The average daily despatch to the power sector increased by 24% from around 1.37 million tonnes during the first three days of September to 1.7 million tonnes as on September 6.

Quote of the Day by Tina Turner: Tina Turners quote, The older you get, the more you realize its not what happens, but how you deal with it, explores the importance of resilience and emotional strength in life. The quote suggests that people cannot always control what happens to them, but they can choose how they respond to challenges, difficulties, and unexpected situations. It highlights the value of maturity, perspective, and learning from life experiences rather than allowing difficult circu

India has given in-principle consent to participate in the 2027 South Asian Federation Games. These games are scheduled to be held in Pakistan from April 4 to April 11, 2027. This decision separates sports from bilateral issues and follows the government's stated policy. Pakistan is set to host the SAF Games after a gap of twenty-three years. Preparations for the event are currently being reviewed by Pakistan's foreign minister.

The government will fully fund the acquisition of advanced medical testing equipment. Domestic firms are encouraged to seek technology partnerships and joint ventures. India aims to become a global hub for medical innovation and device development. Hospitals must offer transparent treatment packages and ethical patient care practices. Enhancing interpreter services will improve foreign patient confidence and communication.

On September 8, 2026, three zodiac signs will finally obtain liberation from their troubling pasts. Cancer will learn to release themselves from guilt over past failures and learn self-acceptance. Aquarius will find solace in letting go of unrealistic future expectations and attachments that no longer serve them. Meanwhile, Virgo will feel a significant reduction in their chronic anxiety, allowing them to embrace a much lighter emotional state.

The finance ministry said in a statement Monday it has taken cognisance of the concerns and decided to keep the implementation in abeyance in response to the employee representation on the PLI structure. The matter will now be discussed during the ongoing bipartite settlement or joint note discussions, it said.

Psychology says people who use extra-large headphones on flights aren't necessarily antisocial. The habit can help passengers manage noise, reduce social interaction, protect mental energy and create a sense of personal space. From sensory management to selective attention, headphones can help people control what they hear during a flight and cope with an environment where personal control is limited.

India will propose a framework for faster financial information sharing among BRICS nations. This framework aims to expedite the extradition process for economic fugitives. It includes standardized formats and asset recovery mechanisms for investigations. Enforcement agencies from member nations have already agreed to facilitate cooperation. The proposal seeks to improve coordination on economic offenses before the upcoming summit.

The ED conducted searches at seven locations across Kolkata, Delhi, and Ranchi on Monday. These searches are part of a money laundering probe involving Akhbar-E-Mashriq Pvt Ltd. The investigation also includes Trinamool Congress Rajya Sabha MP Mohd Nadimul Haque. Allegations involve promoting communal disharmony and illegal financial transactions. The probe was initiated based on an FIR filed by Bidhannagar Police.

The Ministry of Statistics and Programme Implementation defends its new GDP series methodology. Double deflation is presented as a methodological improvement for better value addition measurement. Revisions reflect improved data sources and structural changes in the Indian economy. New data sources and administrative datasets are continuously incorporated for better estimates. Future plans include transitioning towards the System of National Accounts 2025 framework.

The discussions covered India-IMF relations, the country's evolving growth trajectory, and the implications of shifts in the global economic environment, including India's trade agenda and developments in the global trading system, including recently concluded bilateral trade agreements.

Air India's new leadership has committed to prioritizing safety above all else, especially following recent grave safety concerns and a tragic crash inquiry. The airline, currently grappling with large financial deficits and challenges posed by airspace closures, is receiving vital financial assistance from Tata Sons and Singapore Airlines. This initiative aims to restore public confidence in Air India and meet international safety benchmarks.

Fairfax Financial Holdings plans to exit IIFL Finance to fund its IDBI Bank acquisition. The investor will use proceeds to part-fund the proposed takeover of the state-owned lender. Fairfax intends to merge CSB Bank with IDBI Bank after completing the acquisition. This move aims to simplify lending interests and avoid business overlaps. The deal is expected to be completed shortly after procedural steps.

The West Siberian Lowland holds a vast carbon store dating back to the early Holocene. This immense peatland, the world's largest, contains billions of metric tonnes of carbon. However, thawing permafrost now threatens to release this ancient carbon into the atmosphere.

An inter-state coordination meeting reviewed security and traffic preparedness for the upcoming BRICS summit. Senior police officers discussed measures for seamless coordination between neighboring districts. Joint Commissioner of Police Milind Mahadeo Dumbere chaired the important security review meeting. The officials focused on ensuring smooth law and order during the summit. This preparedness ensures a secure environment for visiting dignitaries.

Trump's post, which comes amid a growing trade dispute between Washington and Toronto, was the latest salvo in his campaign to pressure foreign and domestic companies to manufacture more products in the U.S. That objective has driven many economic policies in his second term, especially a near global tariff-wall that has drawn complaints from many US trading partners.

A recent video showcases a modest duplex room in Dubai, priced at about thirty thousand rupees each month. Featuring a lofted bed and minimal living space, the rent fluctuates according to the number of people sharing. While Dubai often symbolizes opulence, this highlights a contrasting rental experience for many.

Retail vehicle sales surged by eighteen percent year-on-year, reaching 2.42 million units last month. For the first time, alternative energy vehicles, including electric and CNG options, outsold petrol vehicles. This increase in sales was primarily driven by strong rural demand, even with varied monsoon conditions. Electric vehicle category sales soared by nearly fifty-three percent, showcasing their growing appeal. Dealerships remain cautiously optimistic as the festive season approaches, antic

Indian companies filed proposals worth $7.70 billion for external commercial borrowings in July. This represented a significant 27% growth over the previous month's figures. The Reserve Bank of India had eased its borrowing framework earlier in February. Air India and Interglobe Aviation together filed proposals worth $780 million. These companies sought special permissions from the central bank for their borrowings.

The Supreme Court rejected an extension for the Aravalli expert committee. The committee sought time until February 2027 for its comprehensive report. Chief Justice Surya Kant directed the panel to submit its findings by November 30. He urged the committee to work diligently and submit the report promptly. The court also permitted issue-specific interim reports for urgent matters.

Climate change is reshaping global agriculture and resource availability. This shift could increasingly drive future conflicts and instability worldwide. Droughts and extreme weather are reducing food production in vulnerable regions. New farmland gains can also create competition and disputes over ownership. Strong institutions are crucial for managing these resource-driven societal pressures.