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The Economic Times

Company / The Economic Times

BRICS 2026: Global South must now shape, not merely follow, rules, says PM Modi

Prime Minister Modi advocated for global governance reform, transforming privilege into partnership. He proposed a Seafarers Emergency Support Network for maritime welfare. A BRICS trio format was suggested to ensure continuity among presidencies. India championed the New Delhi Declaration's adoption by consensus among bloc leaders. The group aims to give the Global South a greater voice in global decision-making.

13 Sep 2026 5:30 am
Tata Sons NRC may ask chairman Chandrasekaran to reconsider decision to leave

The Tata Sons Nomination and Remuneration Committee will ask Chairman Chandrasekaran to reconsider his departure. This decision comes as Tata Sons faces a mandatory listing after the RBI rejected its NBFC license surrender. The committee believes his continued leadership is crucial for stability during this public transition period. His institutional knowledge will be vital as the group prepares for increased scrutiny.

13 Sep 2026 5:30 am
Quote of the day by Rollo May, 'Life comes from physical survival; but the good life comes from what we care about' offers powerful life lessons on how caring, purpose, love and meaning can transform survival into a truly good life

Quote of the day by Rollo May offers a timeless lesson about the difference between surviving and living well. Physical survival is essential, but human fulfillment requires something more: values, relationships, purpose, curiosity, compassion, and love. The good life is created through the things people choose to care about and the energy they are willing to invest in them.

13 Sep 2026 4:08 am
In 1977, Jack Nicholson bought a 70-acre Malibu ranch; decades later, the property sold for $3.5 million, with trails and equestrian facilities and a pool

Jack Nicholson has been associated with several distinctive properties, including an expansive Malibu Beach ranch and a historic Victorian home in Aspen, Colorado. His Malibu property sold in September 2011 for just under $3.5 million and featured a lighted tennis court, putting green, swimming pool, and grotto-style spa. Nicholson also owned Aspens historic Newberry House, a five-bedroom, six-bathroom Victorian residence built in 1895. He purchased the Aspen home in 1980 with director and music

13 Sep 2026 12:04 am
Psychology says people who love to eat something sweet after every meal may be responding to a learned reward

For some people, dessert is more than the final part of a meal. It can become a familiar signal that the days demands are winding down and it is time to relax. A routine such as having tea, eating a biscuit and watching television after dinner can gradually become associated with comfort and unwinding, making the entire sequence feel like a natural transition into rest.

12 Sep 2026 11:57 pm
US envoy Sergio Gor visits Manipur, takes boat ride on Loktak Lake

US Ambassador Sergio Gor visited Loktak Lake during his Manipur trip. He met Chief Minister Yumnam Khemchand Singh and Governor Ajay Kumar Bhalla. Gor praised Manipur's natural beauty and discussed development with officials. The Chief Minister invited the Ambassador to the upcoming Sangai Festival. This event will showcase the state's diverse culture and tourism potential.

12 Sep 2026 11:56 pm
Psychology says people who read reviews, watch trailer or check ratings before watching a movie aren't afraid of making the wrong choice: What the behavior reveals?

Psychology says people who read reviews, watch trailer or check ratings before watching a movie aren't indecisive. They may be using information to manage risk, time and expectations before choosing a film. Reviews, ratings and trailers can help viewers decide whether a movie fits their interests. This behavior can also provide control, reduce regret and prepare the brain for the story before watching it.

12 Sep 2026 11:03 pm
Psychology says people who trust their siblings more than their parents may be seeking a different kind of emotional safety

Sibling relationships are distinctive because they are built around a shared past, familiarity and a relatively equal footing. Brothers and sisters often grow up experiencing many of the same family dynamics, childhood moments, parental expectations and significant changes in life, creating a bond shaped by memories that few other relationships can replicate.

12 Sep 2026 10:55 pm
Telangana 'Purification' row pits Congress against BRS

Congress and BJP clash over alleged stage purification incidents in Uttarakhand and Delhi. BRS legislators protested in Telangana, leading to a scuffle and alleged derogatory remarks. Congress workers marched to KCR's farmhouse to protest the offensive comments made. BRS workers then sprinkled turmeric water near the farmhouse, which Congress termed purification. Congress accused the BRS party of harboring an anti-Dalit mindset following these events.

12 Sep 2026 10:49 pm
At 16, Connecticut teen began selling homemade cookies after his grandmother showed him the struggles of children with cancer; his charity has now raised $66,331 and helped nearly 1,000 children

At 16, Connecticut teenager Vihaan Kamath turned his love of baking into a charitable mission after being inspired by his grandmother and seeing the struggles of children battling cancer. His homemade cookie fundraiser has grown into a nonprofit that has raised $66,331 and helped nearly 1,000 children, with Vihaan now working to ensure younger students continue the mission after he leaves for college.

12 Sep 2026 10:48 pm
Psychology says people who can't sleep with light on aren't simply following a bedtime preference: What the behavior reveals?

Psychology says people who can't sleep with light on aren't necessarily afraid of the dark. The habit may relate to sensory processing, safety, control and the way the nervous system responds to environmental signals. Some people need complete darkness before they can relax, while others prefer light. Psychology suggests that sleep habits can reflect how the brain manages alertness, vulnerability, stress and the need for predictable surroundings.

12 Sep 2026 10:42 pm
Quote of the Day by Anthony Hopkins: Lifes too short to deal with Inspiring lessons on insecurities, emotional burdens, independence, relationships and why you should set healthy boundaries

Quote of the Day by Anthony Hopkins: Anthony Hopkins quote, Lifes too short to deal with other peoples insecurities, explores the importance of emotional boundaries, self-respect, and protecting personal peace. The quote suggests that while understanding and supporting others is important, people should not allow someone elses fears, doubts, jealousy, or insecurities to consume their time and emotional energy. It encourages individuals to focus on their own well-being rather than becoming respon

12 Sep 2026 10:40 pm
BRICS adopts New Delhi Declaration by consensus, navigates Iran-UAE divide

BRICS members adopted the New Delhi Declaration by consensus after intense negotiations. The group called for a nuclear-weapon-free zone in the Middle East. They also urged maximum restraint amid escalating regional tensions and conflicts. BRICS condemned unilateral coercive measures and reiterated their commitment to combating terrorism. The declaration stressed protecting civilians and maintaining global trade flow.

12 Sep 2026 10:36 pm
J&K Bank receives Best CSR Overall Practices Award in Bengaluru, MD & CEO reiterates commitment for inclusive and sustainable development

Jammu and Kashmir Bank received a national award for its corporate social responsibility practices. The bank's commitment to sustainable social development was recognized at a Bengaluru event. J&K Bank has invested ninety-six crores in societal upliftment over three years. Its CSR programs focus on healthcare, education, and livelihood generation. The bank continues to expand its reach and deepen its social impact.

12 Sep 2026 10:35 pm
BRICS formed to end US sanctions, break totalitarianism: Iranian President Pezeshkian

In an exclusive interview with India Today on the sidelines of the 18th BRICS Summit in New Delhi, Pezeshkian emphasised that BRICS aims to break the otalitarianism of the United States, positioning the bloc as a direct challenge to Washington's ability to impose economic restrictions on nations at its own discretion.

12 Sep 2026 10:34 pm
BRICS countries reaffirm commitment to combat corruption, welcome cooperation on fugitive offenders

BRICS countries on Saturday reaffirmed their commitment to combat corruption, welcoming new mechanisms to trace fugitive offenders and strengthen asset recovery. The New Delhi Declaration backed an Expert Network on Asset Recovery and an informal cooperation repository, while encouraging greater coordination among law enforcement agencies and implementation of international anti-corruption agreements.

12 Sep 2026 10:31 pm
Quote of the day by Tyra Banks: 'Stop saying these negative things about yourself. Look in...'- self-love & positivity quote by America's Next Top Model creator teaches inspiring life lessons on why celebrating yourself is better than focusing on flaws

Tyra Banks' inspiring quote today: Tyra Banks inspires individuals with her profound words on self-acceptance, urging them to silence the inner critic and focus on their strengths. Starting her journey at age fifteen as a model and later becoming a prominent television host for shows such as America's Next Top Model and America's Got Talent.

12 Sep 2026 10:13 pm
Finance Minister meets AIIB chief and discusses opportunities to further deepen ties

Finance Minister Nirmala Sitharaman met AIIB President Zou Jiay in New Delhi. They discussed deepening the India-AIIB partnership and infrastructure priorities. Support for transport connectivity and local-currency financing was also explored. Increased private sector participation and AIIB's global presence were key topics. The meeting occurred on the sidelines of the BRICS Summit.

12 Sep 2026 8:53 pm
Quote of the Day by John Travolta: Money and power come as a byproduct of Inspiring lessons on wealth, hard work, recognition, achievement and why you should let your work speak for you

Quote of the Day by John Travolta: John Travoltas quote, Money and power come as a byproduct of things well done, explores the importance of excellence, dedication, and meaningful work in achieving success. The quote suggests that financial rewards, influence, and recognition often follow naturally when a person focuses on doing things well, creating value, and maintaining a commitment to quality rather than pursuing money and power as the primary goals.

12 Sep 2026 7:53 pm
Gem, jewellery exports rise 3.14% to $2.30 bn in August despite weak demand

India's gem and jewellery exports grew in August, with studded gold jewellery exports surging significantly. Cut and polished diamond exports saw volume increases, though realisations remained a pressure point. Plain gold jewellery exports declined sharply due to higher gold prices and input costs. Other value-added categories like platinum and lab-grown diamonds also recorded strong growth. This trend highlights a shift towards finished and value-added jewellery in India's export profile.

12 Sep 2026 7:51 pm
BRICS leaders oppose 'punitive, discriminatory' carbon border taxes

BRICS leaders opposed unilateral measures like carbon border adjustments. They agreed to expand cooperation on intellectual property rights and AI applications. Leaders also emphasized resilient and inclusive global value chains for trade. They will explore policy levers to enhance intra-BRICS trade and connectivity. BRICS members aim for equitable participation in global manufacturing segments.

12 Sep 2026 7:51 pm
Cristiano Ronaldos $7.4 million Cheshire estate cut to $6.7 million after struggling to find a buyer: What the 23-acre mansion includes and why the football star left

Despite its luxurious appeal, Cristiano Ronaldo's $7.4 million grand estate in Cheshire struggled to find a willing buyer. Initially set at a staggering price exceeding seven million dollars, the asking amount was drastically reduced to $6.7 million. The 23-acre mansion has seven bedrooms and six bathrooms with over lavish amenities. But later on, Ronaldo moved out of the property.

12 Sep 2026 7:51 pm
ET Exclusive: RBI blocks Tata Sons' bid to stay private, forcing listing of Rs 2.01 lakh crore giant

The Reserve Bank of India rejected Tata Sons' application to surrender its registration. This decision allows for the potential public listing of the conglomerate's holding company. Tata Sons must now comply with regulations for upper-layer NBFC entities. The central bank's framework classifies companies with assets over one lakh crore rupees. This ruling ensures Tata Sons remains under stricter regulatory oversight for at least five years.

12 Sep 2026 5:33 pm
HDFC Bank submits names of two CEO candidates to RBI: Reports

India's largest private lender HDFC Bank has submitted the names of two candidates to the Reserve Bank of India for the position of managing director and chief executive officer, Bloomberg News reported on Saturday, citing an exchange filing.

12 Sep 2026 5:28 pm
HDFC Bank submits two names to RBI for CEO post, strengthens board-level leadership

HDFC Bank has submitted two preferred candidates for its next MD and CEO to the Reserve Bank of India. The bank's board approved these candidates and their remuneration for a three-year term. V Srinivasa Rangan will be reappointed as an executive director for one year. Jimmy Tata, currently chief credit officer, is also appointed as an executive director.

12 Sep 2026 5:09 pm
HDFC Bank sends two names to RBI for Jagdishans successor as MD & CEO

HDFC Bank's board has recommended two candidates for the next MD and CEO role. These proposed appointments are for a three-year term, pending regulatory approval. The bank also approved reappointment of V. Srinivasa Rangan as Executive Director. Jimmy Tata was also appointed as a Whole-time Director, subject to central bank approval. An additional Whole-time Director position will be created for improved oversight and succession planning.

12 Sep 2026 4:58 pm
Dalal Street Week Ahead: Weak technical setup to keep bulls under pressure

The technical structure has deteriorated following the violation of the important 23,900

12 Sep 2026 4:20 pm
NIA raids 10 locations in Jammu and Kashmir in LeT-linked cross border terror case

In a significant operation, the National Investigation Agency executed searches at ten different locations in Jammu and Kashmir, revealing ties to a cross-border terror plot involving handlers from Pakistans Lashkar-e-Taiba. Incriminating materials were gathered and are under scrutiny. This investigation was initiated following the arrest of an Over Ground Worker discovered with a grenade and ammunition, with the goal of exposing the full extent of the cross-border terrorism infrastructure.

12 Sep 2026 4:01 pm
UP govt seems determined to use Goonda Act as tool of harassment: Allahabad HC

The Allahabad High Court has criticised the Uttar Pradesh government's use of the Goonda Act. The court observed the stringent law was used as a tool for harassment. It quashed an order declaring Zahid Ali a goonda and externing him. The court noted an acquitted case was wrongly used against Ali. This ruling highlights the need for caution when invoking the powerful Goonda Act.

12 Sep 2026 3:59 pm
Xi Jinping urges BRICS to stand on right side of history, calls for peace in Middle East

Chinese President Xi Jinping urged BRICS nations to champion peace and stability globally. He specifically highlighted the ongoing Middle East war and its severe regional losses. Xi called for BRICS members to play a pioneering role in achieving peace. China will collaborate with other BRICS members on this critical initiative. The bloc's expanded agenda now includes global peace and geopolitical influence.

12 Sep 2026 3:57 pm
Explained: What Sebis proposed CAS changes mean for expiry-day trading and settlement

The regulator has proposed two options for determining expiry-day settlement prices for index and stock derivatives, changes to the timing of the continuous trading session (CTS), CAS and derivatives trading, and additional measures aimed at improving the functioning of the auction.

12 Sep 2026 3:28 pm
Demat 2.0 explained: Why it matters for bond market investors

In an innovative move, Sebi has rolled out Demat 2.0, a pilot scheme aimed at tokenising corporate bonds. This initiative facilitates rapid settlement and instant fund retrieval for investors. It automates interest and redemption payments through smart contracts, while atomic settlement mitigates risks by coordinating the release of bonds and payments seamlessly. Future developments will broaden this system's reach to secondary markets and individual investors.

12 Sep 2026 1:24 pm
Goldman Sachs India Portfolio; 10 stocks rally up to 130% in CY26

Despite the overall decline, 10 stocks delivered gains ranging from 20% to 130% during the period. CMR Green Technologies was a newly added stock to the portfolio during the June 2026 quarter

12 Sep 2026 1:06 pm
Gym told members paying Rs 15,000 can train at any branch, denied access when moved to another city; franchise ordered to pay Rs 19,400

A gym member who paid Rs 15,500 expecting nationwide access to training was denied entry at a franchise branch in another city after relocating, with the parent company and franchise blaming each other over a failed transfer. The Ernakulam consumer commission ruled in his favour, ordering both to jointly pay him Rs 19,400

12 Sep 2026 1:00 pm
In 2006, Jennifer Aniston paid $13.5 million for a Beverly Hills house and rebuilt it with Brazilian wood and koi ponds; in 2011, she sold Ohana for about $3738 million

Jennifer Aniston turned a Beverly Hills property into a serene sanctuary named Ohana, collaborating with interior designer Stephen Shadley on a comprehensive two-year renovation. The house was infused with Balinese aesthetics and sustainable elements, showcasing not only beauty but also environmental consciousness. Ultimately, Aniston sold this masterpiece in 2011, reflecting her vision and patience in home renovations.

12 Sep 2026 1:00 pm
Joint AAP-GFP hoardings fuel alliance buzz ahead of Arvind Kejriwal's Goa visit

Displaying the slogan, Don't let them cheat you the third time, the hoardings bearing the symbols of both parties signal an imminent pre-poll arrangement between Kejriwal's party and the Vijai Sardesai-led fold for the 2027 state elections.

12 Sep 2026 12:58 pm
Valuation question! Why did NSE cut its IPO size and price below unlisted market levels?

NSE MD and CEO Ashish Chauhan said the exchange had invited shareholders to tender shares before filing the draft red herring prospectus. He said bankers advised the exchange on pricing, while the IPO size was based on the shares tendered by shareholders on the day of the updated draft red herring prospectus.

12 Sep 2026 10:41 am
Jefferies picks 5 financial stocks with upside of up to 25%. How many do you have?

With a stock price target price of Rs 1,250, the brokerage forecasts an upside of 17%. The lender will transition from a small-finance bank to a Universal bank that can lower funding cost, lift fees and strengthen brand to aid growth. Over FY26-29, strong deposit growth will aid credit growth of 22% CAGR and 29% in PPP (ex-treasury), highest in its coverage.

12 Sep 2026 9:51 am
NSE IPO: Market dominance vs regulatory risks; what investors should know from the RHP

In its red herring prospectus (RHP), NSE has highlighted its market leadership, scale, profitability, technology infrastructure and cash generation as key strengths. The exchange, however, has also flagged several risks, including dependence on trading volumes, regulatory changes and increased scrutiny.

12 Sep 2026 9:48 am
Rs 24,600 crore IPO dhamaka: NSE, Hero Motors to lead 11 public offers next week

NSE will be the biggest issue of the week, with an IPO size of Rs 22,562 crore. Hero Motors will follow with a Rs 1,000 crore issue. The two IPOs will dominate investor attention, while the remaining mainboard and SME issues will compete for retail and HNI money during the same period.

12 Sep 2026 9:46 am
Weather today September 12, 2026: Check IMD rain forecast for Delhi, Punjab, Gujarat, Andhra, Telangana, MP, UP, Karnataka

Weather Today: IMD has forecast rain across several states on September 12, with Delhi, Punjab, Uttar Pradesh, Madhya Pradesh, Gujarat, Andhra Pradesh, Telangana and Karnataka all seeing varying chances of showers. Heavy to very heavy rainfall is possible in parts of Madhya Pradesh, Gujarat, Andhra Pradesh and Telangana during the coming days.

12 Sep 2026 9:09 am
Harish Rawat steps down from Congress posts after cash, gold recovered from his PA

Rawat, a former CM, was a member of the Uttarakhand Pradesh Congress Committee executive and a permanent invitee to the Congress Working Committee at the national level.

12 Sep 2026 9:07 am
Means war with Russia: Putin warns Europe against sending troops to Ukraine

Russian President Vladimir Putin warned European nations against sending troops to Ukraine. He clarified that Russia does not threaten European countries and has no conflict grounds. Sending troops to Ukraine would mean a direct war with Russia, Putin stated. Prime Minister Narendra Modi met Putin in New Delhi to discuss trade and cooperation. The leaders met ahead of the 18th BRICS Summit in India.

12 Sep 2026 9:05 am
Odisha secures Rs 2.43 lakh crore investment proposals during UAE outreach

Odisha secured investment proposals exceeding Rs 2.43 lakh crore from the UAE. The outreach program yielded twenty-four MoUs and investment intents from various sectors. These proposed projects are expected to create over 6.18 lakh jobs in Odisha. Major companies signed MoUs for LNG storage, green energy, and housing projects. The initiative concluded with an investors' meet and engagement with the Odia diaspora.

12 Sep 2026 9:01 am