The Economic Times

Tata Trusts, led by Noel Tata, has proposed merging two companies with Tata Sons to prevent a public listing. This restructuring aims to address new Reserve Bank of India requirements without exposing Tata Sons to market scrutiny. By enhancing the revenue composition, the Trusts believe they can change Tata Sons' regulatory classification. The plan requires RBI approval and seeks to preserve the group's ownership structure while maintaining philanthropic efforts.

Niftys indicative price plunged 2% in two seconds during the closing auction session on monthly expiry, before recovering sharply. Analysts cited crude volatility, high US Treasury yields, FII outflows, IPO fundraising and geopolitical tensions as key market pressures.

Chinese electronics trader Jay Chens comments about working with Indian buyers have triggered an online discussion about international sourcing practices. Chen said some prospective customers negotiate heavily on prices and request samples, while also mentioning concerns among some sellers about fraudulent buyers. Indian users responded by discussing price comparisons, quality checks, factory visits and their own experiences with Chinese suppliers.

Arunachal Pradesh chief minister Pema Khandu said that the Siang Upper Multi-Purpose Project should not be viewed merely through the prism of a conventional hydropower project, but as a national project with wider strategic and security implications.

What led to a price cut for this famous actor's extravagant mansion in Bel Air? At nearly $5 million loss, the estate was sold to mining billionaire Robert Friedland in December 2020 for $16 million.

A GoFundMe campaign aimed at assisting a Texas couple with medical bills was taken down after it was revealed that their daughter, the organizer, had falsified her identity. Don Johnson, who was working to cover his wife Josephine's pancreatic cancer treatment, saw the funds raised vanish as GoFundMe refunded all contributions, stressing the necessity of transparency in fundraising practices. The couple regrettably did not benefit from the donations collected.

State Bank of India presented to the Joint Parliamentary Committee regarding the Foreign Contribution (Regulation) Amendment Bill. Officials raised concerns about gaps in foreign donation handling when registration lapses occur. They suggested that clear banking procedures be established for affected organizations. The bill proposed transferring compliance responsibilities to a government-designated authority in certain cases. Opposition parties criticized the bill for potentially disadvantaging

Sebi has settled a case involving Lloyds Enterprises and former executives Rajesh Rajnarayan Gupta and Viresh Shankar Sohoni after Rs 4.16 crore was paid. The matter involved alleged disclosure, accounting and market conduct violations concerning Rs 144.82 crore in advances.

Nifty posted its worst September derivatives series in 25 years, falling 6.7% and breaching its 200-week moving average. Foreign selling, elevated crude, a weak rupee and rising bond yields pressured equities, while analysts flagged 22,600 as a crucial support level.

NEDFI maintained a strong financial performance during the year, with gross income growing by 4.40% to Rs. 270.82 crore. Interest income increased by 9.73% to Rs. 214.94 crore, while profit before tax stood at Rs. 127.77 crore and net profit at Rs. 92.23 crore.

The leadership transition or changes in the group structure or stakeholder priorities may raise questions around the continuity of the group's strategy and financial policy, and the likelihood of group support over the longer term, the rating agency said.

The Reserve Bank of India is projected to increase its repo rate by 25 basis points in October and December. Inflationary pressures, primarily from food and energy prices, are influencing this expected change. Nomura forecasts consumer inflation rising before gradually declining over the next few quarters. Economists predict this rate cycle might be relatively short due to potential consumption slowdowns.

The Centre has also assured states of adequate availability of fertilisers, certified seeds and financial resources for the 2026-27 rabi season.

Swift and Kelce tied the knot at Madison Square Garden in New York City on July 3, 2026. The singers publicist later confirmed the marriage. Adam Sandler officiated the ceremony. Swift chose her brother, Austin, as her man of honor, while Jason Kelce served as best man.

Gulveer Singh added a bronze medal to his achievements in the mens 5000m at the Asian Games. This performance brings his total medals to three, including two silver medals from earlier events. He joins the ranks of only a few Indian male athletes with this accomplishment in track and field. Additionally, he holds the national record for the 5000m event, solidifying his status.

Quote of the Day by Harrison Ford delves into the courage to embrace change and start a fresh chapter at any stage of life. It indicates that the need to make meaningful transformations is not restricted and people should be free to switch for new directions.

The National Council of Educational Research and Training released a new Class 9 Social Science textbook recently. This textbook highlights women rulers, including Queen Naiki Devi and Rani Abbakka Chowta, among others. It also covers resistance movements against foreign invasions, detailing significant episodes in Indian history. The textbook emphasizes the contributions of both male and female leaders during these crucial events.

Recent statistics indicate a worrying rise in heart disease among younger individuals in India. Unexpected incidents have occurred where seemingly healthy individuals present with alarming symptoms, necessitating immediate surgeries despite absence of common risk factors. Factors like uncontrolled diabetes are significant contributors to this alarming trend, emphasizing the urgent need for greater awareness of cardiovascular health in the younger population.

Benjamin Satterley, beloved as Pac from WWE fame, tragically passed away at just 40 years old. His body was discovered unresponsive in a parked car near a restaurant in Illinois on September 27. Just a day earlier, he had showcased his talent at AEW All Out, leaving fans in disbelief over his sudden departure.

The board of Transport Corporation has sanctioned a share buyback of Rs 150 crore, intending to purchase 15.62 lakh equity shares at a premium price. This move aims to boost shareholder value while simultaneously establishing a new subsidiary in China to enhance the company's logistics network. This initiative aligns with a broader strategy for international expansion in significant trade areas.

EverBrands India Ltd is gearing up to raise Rs 600 crore via an initial public offering of equity shares. This funding will support the repayment of debts and finance the establishment of new Subway outlets. As a multi-brand food and beverage platform, Culinary Brands India has experienced remarkable revenue growth in the quick-service restaurant sector over the past two fiscal years.

The National Company Law Appellate Tribunal will hear Subhash Chandra's appeal regarding his personal insolvency on specific dates. Chandra challenges a previous NCLT ruling that limits his ability to dispose of assets. Creditors opposing his appeal have been instructed to submit their replies within one week. A separate petition concerning a disputed settlement amount has been combined with Chandra's appeal.

Ruias, following the bankruptcy of Essar Steel, are planning a new steel venture in Iowa. This project involves a $15 billion steel plant, aiming to produce 10 million tonnes annually. Financing has already been secured for the Minnesota iron-ore mine, which is integral to the operation. The Iowa plant is expected to create around 1,750 permanent jobs alongside thousands of construction jobs.

Surat-based J B Ecotex Ltd has filed its DRHP with SEBI to raise funds through an IPO. The proposed issue comprises a fresh issue of up to Rs 400 crore and an OFS of up to 1.295 crore shares by promoters. The company may also raise up to Rs 80 crore through a Pre-IPO Placement, which, if completed, will be deducted from the fresh issue size.

India's industrial production growth may stay in single digits in the upcoming months as several economic challenges persist. Festive demand could positively impact growth, but factors like weak monsoon, higher input costs, and global uncertainties pose risks. The manufacturing sector's growth has shown significant improvement, alongside a gradual recovery in rural consumption trends. Capital goods and consumer durables produced strong growth numbers, indicating resilience in investment and disc

Rahul Gandhi urges the youth to protest against the culture of victim-blaming related to women's harassment. He emphasizes the need for safe streets and punishing perpetrators of sexual crimes effectively. Gandhi highlights a recent incident where a young girl was assaulted, criticizing the societal response. He encourages young women, particularly from Gen Z, to mobilize for their rights and safety.

Indian equity markets are experiencing a notable decline, evidenced by the NSE Nifty 50 Index's continuous fall over seven weeks. The collective market capitalization has taken a hit of approximately $250 billion, alarming investors. Factors such as rising global bond yields, increasing oil prices, and a weakening rupee are creating a turbulent environment, prompting a significant withdrawal by foreign investors from Indian stocks.

Raj Thackeray and Uddhav Thackeray held a press conference to announce a protest march planned for October 4. This march will highlight concerns regarding Electronic Voting Machines and the Election Commission's actions. Both leaders invited other parties to join this protest, emphasizing unity against perceived electoral issues. Meanwhile, other opposition groups are organizing parallel protests in various locations throughout Mumbai and Delhi.

A study by IIT Madras indicates that educated professionals are frequent victims of financial cybercrime. The research highlights that high digital literacy does not guarantee protection against fraud. Victims reported experiencing significant emotional distress, including shame and insomnia, after being targeted. Institutional responses varied, impacting the effectiveness of intervention strategies across different regions. The findings emphasize the need for better support systems and coordina

Iran's parliamentary speaker, Mohammad Baqer Qalibaf, stated that no country would export oil if Iran faced restrictions. He emphasized that the security of the region depends on Iran's stability and safety. Qalibaf warned that regional infrastructure would be unsafe without Iran's security. The comments reflect heightened tensions around oil exports in the region. This statement comes amid ongoing discussions about Iran's oil market access and regional stability.

Otis Boykin, a valedictorian graduate of 1920, made remarkable strides in the field of electronics with his innovative inventions. In 1959, he patented a cost-effective and highly reliable precision resistor, a breakthrough in the industry. Additionally, in 1964, he created a control unit for pacemakers, significantly improving their cost and performance.

In Bengaluru's HSR Layout, a video surfaced showing a physical fight involving two women and an auto-rickshaw driver. The women and the driver reportedly engaged in a fight after a dispute over payment emerged. Following the incident, the local police contacted the women to file a complaint, but they hesitated. The driver claimed that he was assaulted first and retaliated in self-defense.

Alpheus Babcock's revolutionary cast iron piano frame marked a pivotal shift in piano craftsmanship and tuning practices. Though initially met with skepticism, this innovation found its way into the hearts of piano makers. Jonas Chickering subsequently refined the concept, producing sturdier pianos with richer sound. Today, the cast iron frame is a staple in piano manufacturing, enriching our musical experiences across various genres.

Mutual funds raised holdings in 23 BSE Midcap stocks for four straight quarters through June 2026. Five stocks gained up to 98%, while five declined over 25%.

Azad Engineering shares jumped after the company inaugurated two dedicated lean manufacturing facilities for GE Vernovas Gas Power business in Hyderabad, expanding its dedicated manufacturing footprint for the global energy major to three facilities.

In America, road signs play a vital role in ensuring driver safety, incorporating advanced breakaway supports designed to minimize injuries during accidents. Since the 1960s, the philosophy of creating forgiving roadways has gained traction, recognizing the inevitability of human error. With statistics showing that many traffic fatalities result from roadway departures, enhancing roadside structures becomes imperative for decreasing both accidents and loss of life on U.S. roads.

A Delhi resident found that his PAN and identity information were used to register a fraudulent business. The GST registration, linked to a Mumbai address, reported outward supplies of around 79.4 crore. He claimed he never authorized anyone to use his details or conducted any business activities. Following this revelation, the Economic Offences Wing of Delhi Police registered an FIR for further investigation.

S&P Global said a potential Tata Sons leadership transition or listing would not immediately affect group company ratings, with financial policy changes likely to be gradual. The agency said a listing would be credit-neutral near term, though greater scrutiny of capital allocation, shareholder returns and support for weaker group companies could affect its longer-term assessment.

On September 28, a significant incident occurred on the USS Dwight D. Eisenhower, resulting in injuries to four individuals during an aircraft recovery operation. Two aviators from Carrier Air Wing 3 successfully ejected from their two-seater plane and were promptly evaluated by onboard medical staff. Meanwhile, one sailor was taken to a hospital in Norfolk with non-life-threatening injuries.

In 2013, an impressive assembly of 15,000 volunteers engaged in the Whale FM project, aiming to classify the intricate calls of whales. Their collective efforts enabled scientists to sift through extensive audio recordings from both killer and pilot whales. As they analyzed the whale sounds, volunteers documented similarities among calls, ultimately contributing to over 200,000 call matches.

Motilal Oswal has initiated coverage on Aster DM Quality Care with a Buy rating and Rs 910 target, citing merger synergies, capacity expansion and improving operating metrics. The brokerage expects revenue, EBITDA and PAT to grow at CAGRs of 19.5%, 25% and 33%, respectively, through FY28.

Banking stocks have come under heavy pressure, with the Nifty Bank index plunging nearly 1,800 points in two days and slipping below 54,000 for the first time since early June. The selloff has been driven by concerns over potential RBI rate hikes and rising bond yields.

At just 15 years old, Sinchana from Bengaluru has not only developed a keen interest in finance but also manages an impressive investment portfolio valued at 13.9 lakh. With the support of her parents, she acquired several financial certifications and diligently tracks market trends. Furthermore, she's passionate about promoting financial literacy in schools and has set an ambitious goal to educate one million students while balancing her academic studies.