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The Economic Times

Company / The Economic Times

Fuel subsidies may top $1 trillion: UN

The UNDP analysis - which looked at data from the World Bank, the International Monetary Fund and the International Energy Agency - found the number of countries deploying different relief measures nearly doubled between April and September as the war's impact continued.

3 Oct 2026 1:08 am
NCLT admits insolvency plea by Kotak Mahindra Bank against Unity Realty

Kotak Mahindra Bank's insolvency petition against Unity Realty and Developers has been admitted by the NCLT. The petition was filed due to a claimed default of 68.49 crore, which dates back to September 2023. Unity Realty is a corporate guarantor for financial facilities availed by Unity Infraprojects, which faced financial difficulties leading to the current situation.

3 Oct 2026 12:59 am
Fresh protest at Jantar Mantar on October 10 if CEC Gyanesh Kumar does not resign: CJP leader Dipke

The Cockroach Janta Partys Abhijeet Dipke has announced a protest at Delhis Jantar Mantar on October 10 if Chief Election Commissioner Gyanesh Kumar does not resign.

3 Oct 2026 12:54 am
Adani Group committed to investment plans of over 6 lakh crore in Maharashtra across energy, airports and infra

Adani Group has announced plans to invest over 6 lakh crore in Maharashtra across multiple sectors. The investments are aimed at aiding Maharashtra's goal of becoming a $1 trillion economy by 2030. The group has committed to significant infrastructure projects, including the management of Mumbai's airports and renewable power sourcing. Additionally, the Dharavi Redevelopment Project will transform the area with modern housing and economic opportunities.

3 Oct 2026 12:49 am
GST relief for gaming companies raises hopes across the sector

Tax authorities have taken a softer approach towards gaming companies in the first four final GST orders issued after the Supreme Court ruling on real-money gaming.

3 Oct 2026 12:18 am
Ex-minister, former hockey captain Pragat Singh named new Punjab PCC chief

Pragat Singh has been appointed as the president of the Punjab Pradesh Congress Committee. He succeeds Amrinder Singh Raja Warring, who resigned amidst internal party dissent. Singh is recognized as a former captain of the Indian hockey team and has political connections. His leadership style and ability to unite the party are under scrutiny by Congress members. Warring acknowledged the support of Rahul Gandhi during his time in leadership roles.

3 Oct 2026 12:04 am
Linking flydubai co-pilot to Oman establishment uncalled for, sources say

Linking the flydubai co-pilot accused of attacking the pilot and attempting to crash the Tel Aviv-bound flight to Omans establishment or Royal Family is completely uncalled for and called for a thorough probe into his background, diplomatic sources told ET.

2 Oct 2026 11:56 pm
Want to do NASA research? 24 new US projects backed by $23 million will let citizen scientists hunt comets, study space weather and explore Earth data all you need to know

NASA has selected 24 organizations to partake in a new Science Activation portfolio aimed at public engagement. This initiative will provide hands-on opportunities in scientific research across various fields, such as astronomy and Earth sciences. Communities nationwide, particularly underserved groups, will gain access to authentic NASA experiences. Participants can analyze data, conduct experiments, and observe astronomical events through robotic telescopes.

2 Oct 2026 11:52 pm
How to check if youre still registered to vote before the US midterm elections 2026: Start with Vote.gov and your states site

Before the upcoming 2026 midterm elections, voters are encouraged to check their registration status for accuracy. They should visit Vote.gov and follow the provided links to their state election website. Verification is essential, particularly after moving or changing their name, as rules may differ by state.

2 Oct 2026 11:45 pm
UP couple relocates to Panna after seeing social media posts about diamond finds, strikes jackpot with four gems worth Rs 12 lakh; couple to receive proceeds after state royalties and taxes are deducted

After relocating to Panna, Guddi Devi and Rajkumar Shrivas decided to lease a mining pit. They discovered four diamonds during their six-month digging effort, including two high-quality stones. The diamonds, weighing a total of 5.16 carats, are valued at approximately 12 lakh. These diamonds will be sold through a government auction, with royalties and taxes deducted from the proceeds.

2 Oct 2026 11:32 pm
Just do it: Goyal's message to Nike on investment in India

Commerce Minister Piyush Goyal met with Nike executives in Milwaukee during the G20 Trade Ministers' Meeting. He encouraged them to enhance investments in India's growth story and local sourcing initiatives. Goyal emphasized the importance of deepening Nike's presence in the Indian market and expanding manufacturing opportunities. The discussions also focused on improving the broader sports ecosystem in India.

2 Oct 2026 11:32 pm
Pakistan violence-linked fatalities surge 83 per cent in Q3 2026: Report

A report from the Centre for Research and Security Studies reveals a dramatic surge in violence-related deaths in Pakistan. Compared to previous quarters, fatalities soared by 83 percent in the third quarter of 2026, primarily affecting Balochistan and Khyber Pakhtunkhwa. The bulk of these deaths were attributed to criminal elements, underlining a deepening crisis in internal security across the nation.

2 Oct 2026 10:06 pm
China widens military footprint with Laos air base

China recently opened its first overseas air force base in Laos to enhance military training and influence. The base will train Laotian air force pilots and potentially house Chinese military assets. This move reflects China's ambition to expand its military presence beyond its borders. The facility could serve as a training ground for Chinese personnel and equipment. Regional partners, especially the US, are monitoring the developments closely for potential implications.

2 Oct 2026 10:05 pm
Pargat Singh takes over as Punjab Congress chief, replacing Raja Warring

Pargat Singh has been appointed as the new president of the Punjab Pradesh Congress Committee. He replaces Amarinder Singh Raja Warring, who resigned earlier that day. Warring acknowledged his tenure and shared his views with Rahul Gandhi regarding the state organisation. The leadership change comes as Congress prepares for the 2027 Punjab Assembly elections. Working presidents and committee chairpersons in Punjab will maintain their roles during this transition.

2 Oct 2026 10:04 pm
Nikhil Kamath has a '100' funding message for startups: Zerodha co-founder backs post urging startups to raise enough money to stay comfortable for a year or two as next year could be bad

Nikhil Kamath advice for startups: The Zerodha co-founder expressed agreement with a warning that startups should raise capital soon due to uncertain conditions. A social media post highlighted the importance of securing enough money for the next one or two years. Indias funding environment is experiencing a decline in deal volume but an increase in total funding amounts. The focus is shifting towards larger funding rounds amidst challenging market conditions.

2 Oct 2026 9:59 pm
Asian Games 2026: India beat China 1-0 to win women's hockey gold, secure LA Olympics berth

India defeated China 1-0 in the women's hockey final on Friday to win gold at the Asian Games 2026. The victory also secured India's direct qualification for the 2028 Los Angeles Olympics. The Indian women's team sealed the continental title after a closely contested final against hosts China.

2 Oct 2026 6:05 pm
In 1950s America, Ronald Read began buying everyday blue-chip stocks; decades later, the janitor left behind an $8 million portfolio

Ronald Read did not work in finance. He spent about 25 years at a Vermont gas station before working as a janitor at J.C. Penney for another 17 years. He left the store in 1997. Yet Read quietly built an investment portfolio worth millions. After his death in 2014 at age 92, his estate was valued at nearly $8 million, including stocks and property.

2 Oct 2026 6:02 pm
ICICI Life Insurance appoints Sidharatha Mishra as MD & CEO as Anup Bagchi joins HDFC Bank

ICICI Life Insurance Company on Friday appointed Sidharatha Mishra as managing director and CEO, effective October 14. The appointment comes after current CEO Anup Bagchi resigned from the company, with his resignation taking effect on October 13. Mishra will succeed Bagchi as head of the life insurance company.

2 Oct 2026 5:13 pm
FPIs turn net sellers, pull out Rs 35,860 cr in Sep

In September, foreign portfolio investors shed a staggering Rs 35,860 crore from Indian equities, driven by global uncertainties and rising US interest rates. This selling trend persisted into October with an outflow of Rs 9,232 crore. This selling follows significant investments of Rs 49,830 crore made in July and August.

2 Oct 2026 4:39 pm
HSBC hires Cantor's Paras Jain to lead global TMT banking, sources say

HSBC has appointed Paras Jain as the global head of TMT investment banking, with a start date in November. Jain previously worked at Cantor Fitzgerald, where he built its technology investment banking group. This hiring coincides with HSBC's strategy to focus on financing areas with greater competitive strength. The bank aims to expand its market share in Asia and the Middle East's tech sectors.

2 Oct 2026 4:06 pm
Andhra Pradesh commercial tax collections rise 18 pc to Rs 30,436 cr in H1

Andhra Pradeshs commercial tax collections rose 18% year-on-year to Rs 30,435.98 crore during April-September 2026, with September recording the highest monthly collection so far. Net GST collections increased 18% to Rs 19,635.49 crore in the first half of FY 2026-27, while September net GST rose 14.10%. The state attributed the growth to stronger compliance, enforcement, economic activity and technology-led tax monitoring.

2 Oct 2026 3:03 pm
Shyam Metalics signs deal to invest over $5 billion in Maharashtra state

Shyam Metalics and Energy has signed an agreement with the Maharashtra government for a significant investment. This investment will establish a greenfield steel complex in Chandrapur with a capacity of 9 million metric tonnes per year. The project is expected to create approximately 30,000 jobs, which includes both direct and indirect employment. Operations for the new steel plant are anticipated to commence in the ongoing financial year, pending necessary approvals.

2 Oct 2026 3:02 pm
Buxa Tiger Reserve gets its first tigress from Bihars Valmiki reserve

West Bengal has reintroduced a tigress into Buxa Tiger Reserve after translocating it from Bihars Valmiki Tiger Reserve, with three more tigers expected to be brought in over the next two months. The wider programme aims to rebuild a viable tiger population by improving prey availability, habitats and wildlife corridors while reducing human-wildlife conflict.

2 Oct 2026 2:05 pm
Manchester City set to appeal Premier League findings over 900m financial breaches

Manchester City is set to file an appeal against the findings of financial misconduct by a deadline. The club denies the allegations and claims to possess evidence that exonerates them. They will argue that sponsorship deals were partly funded by the Abu Dhabi government. Meanwhile, there may be further legal implications involving rival clubs and players seeking compensation.

2 Oct 2026 2:05 pm
Temple trust in Mathura to use computerised machine to test purity of metal donations

Sri Krishna Janmasthan Sewa Sansthan will use a computerized machine to check metal donation purity starting from Navratri. This machine can test for 20 metals without altering the original form of donations. Donors will receive a purity report when making their contributions, which will require their signatures. The counting of donations will also be recorded under CCTV surveillance for increased transparency.

2 Oct 2026 1:58 pm
Airbus delivered around 72 aircraft in September, sources say

Airbus's aircraft deliveries in September were reported to be around 72, close to last year's total of 73. Industry experts had estimated deliveries to be in the mid to high 60s range. This increase follows concerns about delays from various industrial issues affecting production. Commercial CEO Lars Wagner expressed confidence in meeting the full-year delivery target of around 870 jets.

2 Oct 2026 1:56 pm
The nickel still costs more to make than its face value; the U.S. Mint shipped about 600 million in 2025 at 13.31 cents each

For the past twenty years, the production of nickels has been unprofitable, with costs surpassing their actual value. Increasing metal prices have intensified these production challenges. The U.S. Mint continues to manufacture nickels to meet the ongoing demand from different industries, despite the losses incurred. Although alternative materials have been investigated, none have proven effective so far. To sustain economic stability, the Mint manages its coin circulation program holistically.

2 Oct 2026 1:50 pm
Stained bathroom taps? Try these simple home cleaning tricks to remove hard-water marks and restore their shine

Bathroom fixtures can lose their luster due to mineral deposits and hard water issues. To revamp their appearance, a simple vinegar cleaning solution can work wonders. Use a gentle toothbrush for those tricky spots and steer clear of harsh scrubbing. Remember to dry taps after cleaning to prevent any new stains from forming. Always consult care guidelines specific to your fixtures' materials and finishes for best results.

2 Oct 2026 1:48 pm
Piyush Goyal says India does not have structural excess manufacturing capacity

Piyush Goyal said India does not have structural excess manufacturing capacity in sectors identified by the G20, arguing that Indian production caters to both domestic and global demand. Speaking at the G20 Trade Ministers' Meeting in the US, Goyal also stressed WTO rules, supply-chain diversification, forced labour concerns and the need to preserve policy space for developing economies.

2 Oct 2026 1:48 pm
India vs Brazil Football Match: Carlo Ancelotti looking for an entertaining contest

India vs Brazil: Brazil coach Carlo Ancelotti said Brazil have full respect for India ahead of their Kolkata clash, describing the match as an opportunity rather than a test. The five-time Champions League-winning manager said Brazil are blending youth and experience while rebuilding after their 2026 World Cup disappointment. Ancelotti stressed commitment, quality and joy as Brazil's identity.

2 Oct 2026 1:47 pm
In 1991, Intel co-founder Gordon Moore paid $6 million for 24 Woodside acres; 30 years later, his estate placed the property under a permanent conservation easement

In 1991, Gordon and Betty Moore acquired Mountain Meadow, a historic estate nestled in Woodside, California. They dedicated significant resources to restoring its original charm while ensuring the landscape's natural beauty was upheld. After their passing in 2023, a conservation easement was established to protect the property. Rich with a 250-year legacy, future stewards will honor the estate's unique character without succumbing to development pressures.

2 Oct 2026 1:40 pm
Nushrratt Bharucchas Bali trip takes painful turn: Actor suffers spinal fracture in accident, to be flown to Mumbai for surgery

Nushrratt Bharuccha has suffered a spinal fracture following an accident in Bali, where she was on a work-cum-holiday trip. Her publicist said the actor is hospitalised and under medical observation in Bali. Arrangements are being made to bring her to Mumbai by air ambulance, where she will undergo spine surgery after further evaluation by doctors.

2 Oct 2026 1:39 pm
SEBI relies on amended rules in Embassy REIT 'Fit and Proper' matter, tells Bombay HC no disqualification made out

The Securities and Exchange Board of India (SEBI) has told the Bombay High Court that its examination of complaints concerning the fit and proper status of persons associated with Embassy Office Parks REIT was completed after the regulatory framework was amended in April 2026, and that the material available did not warrant disqualification under the amended provisions.

2 Oct 2026 1:16 pm
Danish brewing giant Carlsbergs India arm, 3 others get Sebi nod to float IPOs

In a significant move for India's market, Sebi has greenlit IPOs for Carlsberg's local entity, TMC Transformers, Ujin Pharma, and Matangi Rubber. TMC Transformers aims to raise Rs 550 crores via new equity to establish a manufacturing plant. Ujin Pharma's offering includes fresh shares and a sale from its promoters, while Carlsberg joins other global firms in this venture. Matangi Rubber has also successfully navigated the IPO approval process.

2 Oct 2026 12:40 pm
Coal India, NTPC among 360 ONE Capital Researchs 8 stock picks for October. Check full list with target prices

360 ONE Capital Research has picked eight stocks for October, including Coal India, NTPC and ITC, with Buy ratings and target prices, citing earnings prospects and growth drivers.Coal India, NTPC among 360 ONE Capital Researchs 8 stock picks for October. Check full list with target prices

2 Oct 2026 12:09 pm
What to do with old sarees? Try these 4 creative DIY ideas to turn them into useful home essentials instead of throwing them away

Old sarees hold potential beyond their original use, providing a trove of creative opportunities for home decor and organization. From vibrant cushion covers to elegant table runners, the fabric can breathe new life into any space. Consider crafting reusable bags for efficient storage solutions too. However, evaluating the saree's condition is essential. Choosing intact sections enhances both the final design's resilience and visual charm.

2 Oct 2026 11:52 am
Global M&A deal rush fades in third quarter as rising borrowing costs bite

Global mergers and acquisitions activity saw a notable decline in the third quarter, totaling $993 billion. This figure marks a 41% decrease compared to the previous quarter, falling below $1 trillion. Despite this dip, worldwide M&A is up 28% year-to-date, reaching $3.9 trillion, the highest since 2001. Asia Pacific M&A experienced growth, totaling $242 billion, boosted by companies seeking strategic acquisitions.

2 Oct 2026 11:49 am
PM Modi speaks to injured pilot Smit Machchhar, praises courage that saved 180 lives

Prime Minister Narendra Modi commended Captain Smit Machchhar for his brave actions during a flight incident. While traveling from Dubai to Tel Aviv, he successfully thwarted an attack by his co-pilot. Captain Machchhar is recovering in a UAE hospital, where he is stable and in good spirits. Video footage has emerged showing the chaos aboard the flight following the attack.

2 Oct 2026 11:49 am
Bajaj Finance to raise Rs 17,500 cr via QIP, pref issue

Bajaj Finance plans to raise up to Rs 17,500 crore through a Rs 11,700-crore QIP and Rs 5,800 crore warrant issue to promoter Bajaj Finserv. The fundraising requires shareholder approval; institutional investors will receive QIP shares while promoter warrants could help maintain Bajaj Finservs stake and limit dilution.

2 Oct 2026 11:35 am
Centre formally marks 28 strategic Ladakh sites, including LAC friction points, on official map

The Centre has formally identified 28 strategic places and geographical features in Ladakh on the official Survey of India map, including Gogra and Hot Spring, which were friction points during the 2020 India-China border standoff. The move, carried out in consultation with the Ladakh administration, aims to standardise place and feature names, improve identification and promote public awareness of the sensitive border region.

2 Oct 2026 11:33 am
Chinese work gathering pace on Antelope Reef in South China Sea, latest satellite images show

Chinese construction at Antelope Reef is well underway, aiming to develop a significant military runway. Analysts project its completion by mid-2027, which would strengthen Beijing's military presence in the South China Sea. Satellite imagery reveals extensive ongoing work including grading and compacting the runway foundation. The base could significantly extend the range of Chinese naval and military operations in the region.

2 Oct 2026 11:33 am
Asian Games: Nethra Kumanan wins bronze in women's dinghy to secure India's third sailing medal

Nethra Kumanan secured a bronze medal in the women's dinghy event at the Asian Games 2026. Indian sailors previously achieved multiple medals in both men's and women's skiff competitions. The Indian women's archery team also won gold against South Korea in the recurve team event. Various athletes progressed to semifinals in wrestling and cycling competitions during the games. Currently, India ranks sixth in the overall medal tally with 70 medals.

2 Oct 2026 11:09 am
Jason Collins lived in this Los Angeles home for more than 22 years; late NBA stars $3.75 million property has 4 bedrooms, a pool, two double-height living rooms and mountain views, Inside the 5,000-sq-ft residence

Jason Collins' exquisite Brentwood abode is currently on the market for $3.75 million. Purchased in 2004 for $2.39 million, the luxurious property boasts spacious living areas and is nestled within a secure, guard-gated community. Offering an array of outdoor entertainment facilities, including a refreshing swimming pool and relaxing hot tub, Collins called this residence home for over twenty years, witnessing numerous significant life events.

2 Oct 2026 11:04 am