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The Economic Times

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US declares end of largest recorded cyclosporiasis outbreak

U.S. health officials have officially declared the conclusion of the largest multistate cyclosporiasis outbreak in the nation. This severe incident involved contaminated iceberg lettuce, leading to widespread illnesses and significant food recalls. The outbreak has been traced back to lettuce harvested by Taylor Farms in central Mexico, resulting in over twelve thousand reported cases and two fatalities across twenty-one states.

12 Sep 2026 6:57 am
US, India partner to secure undersea cable networks and expand digital connectivity under TRUST initiative

Pointing to India's crucial role in the expanding global network, the US Embassy highlighted that New Delhi's booming digital economy, surging demand for cloud and AI capabilities, and strategic geographical location linking major global markets present significant opportunities for the country to establish itself as a primary global subsea cable hub.

12 Sep 2026 6:54 am
J&J orthopedics unit draws Apollo interest in potential $20 billion deal: Report

Apollo Global Management is in discussions to acquire Johnson & Johnson's orthopedics division, which could be worth around twenty billion dollars. In addition to this, Johnson & Johnson is contemplating the option of spinning off this unit into a separate public entity. This strategy aligns with the company's aim to concentrate on more lucrative healthcare areas, reflecting the growing private equity interest in the healthcare industry.

12 Sep 2026 6:44 am
Trump says he would be OK with China building cars in US

President Donald Trump has expressed his willingness to permit Chinese automakers to set up production plants in the United States, provided they hire American workers. He clarified that he opposes the idea of these companies manufacturing vehicles in Mexico. With Japan already having established manufacturing operations in the US and employing local labor, Trump's statement comes amid considerable pushback from US lawmakers and domestic car manufacturers.

12 Sep 2026 6:39 am
Quote of the day by Florence Nightingale: Live your life while you have it. Life is a.... What makes a life meaningful? Powerful life lessons on purpose, discipline, and character

Quote of the day by Florence Nightingale: Live your life while you have it. Life is a splendid gift. There is nothing small in it. Her words centre on using life with intention and finding value in even its ordinary moments. The idea speaks to how we handle uncertainty, setbacks, relationships and the choices that quietly shape our days.

12 Sep 2026 1:00 am
Meet Alex Patrone, the student entrepreneur who turned a 3D printer into a charitable venture, creating products for customers while using the proceeds to support food donations

High school student Alex Patrone found a meaningful project during quarantine after receiving a 3D printer for his birthday. After making household items, toys, puzzles, containers, stands, and other products for his family, he decided to combine his interest in 3D printing with his desire to help people who were less fortunate. Through his project, Will Print for Food, Patrone offers 3D-printing services to the public and directs 100% of the profit, after materials and shipping costs, to charit

12 Sep 2026 12:58 am
In 2008, Reese Witherspoon bought a 7-acre Ojai ranch for $5.8 million; 6 years later, the property sold for $4.98 million with pastureland, mature oaks and stables there

Reese Witherspoons former Libbey Ranch in Ojai was a seven-acre property combining historic architecture with extensive grounds and multiple amenities. Designed by architect Wallace Neff, the property was originally built in 1923 as stables for Edward Libbey. The ranch featured a two-story main house, guest cottages, a carriage house, swimming pool, barn, stables, pastureland and mature oaks. Witherspoons acting career and other real estate holdings were also noted.

12 Sep 2026 12:58 am
Gulf states weigh rare meeting with Iran next week on Hormuz

Gulf states are considering a meeting with Iranian officials next week. Oman aims to convene foreign ministers to discuss the Strait of Hormuz. Escalating hostilities in Yemen may complicate these sensitive diplomatic plans. Iran stated plans are underway for discussions with Gulf neighbors. The Bab el-Mandeb chokepoint has become particularly sensitive for oil markets.

12 Sep 2026 12:55 am
Quote of the Day by Melanie Perkins: It's important to tell the story, because if your audience doesn't understand the problem, they won't... Canva CEO's powerful lesson on communication, storytelling, entrepreneurship, business success, leadership, explaining ideas clearly, understanding your audience and turning innovative ideas into meaningful solutions and lasting impact

Quote of the Day by Melanie Perkins It's important to tell the story, because if your audience doesn't understand the problem, they won't understand the solutionhighlights a powerful lesson about communication, storytelling and business success. The Canva CEO explains why understanding the problem is essential before presenting a solution, offering an important takeaway for entrepreneurs, leaders, professionals and anyone trying to communicate ideas effectively.

12 Sep 2026 12:52 am
Russias Sberbank plans major India push, to build business hub

Sberbank CEO Herman Gref announced plans for new financial and technology infrastructure tools. The bank will establish the largest Russian business hub in India, expanding its presence. Sberbank has been developing its financial business in India for sixteen years. Money transfers between India and Russia now take only minutes, improving business opportunities. Two office buildings are under construction and will be commissioned in 2028.

11 Sep 2026 11:55 pm
Demat 2.0 will bring instant bond settlement closer, trading after regulation and market readiness: NSDL MD

Demat 2.0 can allow investors to receive tokenised bonds instantly against payments made through the central bank digital currency (CBDC), significantly reducing the time gap in securities settlement, NSDL Managing Director Vijay Chandok said, while noting that wider trading will depend on regulatory approval and market readiness.

11 Sep 2026 10:34 pm
SBI developing solution to use UPI data for checking creditworthiness of small biz

State Bank of India is developing a UPI data solution for small businesses. This initiative aims to assess creditworthiness without requiring GST registration for these entities. The bank expects to provide digital loans within a single day for eligible borrowers. This new approach will help bring more businesses into the formal finance sector. UPI transactions will serve as a proxy for sales data in loan assessments.

11 Sep 2026 9:52 pm
Granules India promoter sells 1.72 crore shares worth Rs 1,500 crore; Goldman Sachs, BNP Paribas among investors

Granules India promoter Krishna Prasad Chigurupati sold 1.72 crore shares worth about Rs 1,500 crore through block and open-market deals. The sale funds the second tranche of a preferential issue, while promoter holding falls to 31.08% following the transaction today.

11 Sep 2026 9:33 pm
Bank of India mobilises $2.33 billion via FCNR(B), enough to meet one-quarter lending needs: CEO

Bank of India secured USD 2.33 billion through FCNR(B) deposits, replacing bulk funding sources. This mobilization will meet approximately three months of the bank's lending requirements. The Reserve Bank of India announced this special deposit scheme to strengthen liquidity positions. Banks are diversifying their deposit bases amid increasing credit demand from customers. The bank will maintain its 15-17 percent credit growth target for the year.

11 Sep 2026 9:08 pm
Meet Henry Xie, the 17-year-old Portland student who found a way to make smaller AI models more empathetic using ChatGPT and Gemini without massive computing power

Henry Xie, a 17-year-old Portland student developed a way to transfer empathy from large AI models to smaller models for his Regeneron Science Talent Search computer science project. His Science project could help make more caring, human-centered AI available on smartphones and everyday devices without requiring the massive computing power of large models.

11 Sep 2026 9:04 pm
Bank deposits grow 17.8% in August, fastest in decade as FCNR-B inflows mask local mobilisation woes

Bank deposits grew 17.8% year-on-year at the end of August, the fastest pace in a decade, driven largely by a surge in FCNR-B deposits after the RBI opened a special window for dollar inflows. Credit growth eased slightly to 19.1%, while banks continued to face challenges in mobilising domestic savings.

11 Sep 2026 8:59 pm
Nagaland CM Neiphiu Rio meets Home Minister Amit Shah, seeks intervention on state's developmental aspirations

Nagaland Chief Minister and Deputy Chief Minister met Union Home Minister Amit Shah. They discussed state development priorities and the welfare of the people. The Nagaland Assembly also urged the Centre to withdraw the Protected Area Permit regime. This permit restricts foreign national entry into designated areas of the state. Withdrawal is sought for tourism and economic engagement opportunities.

11 Sep 2026 8:53 pm
Babar Azam becomes fifth Pakistan captain to score 2,000 Test runs, joins Misbah-ul-Haq in another elite list

Pakistan captain Babar Azam reached significant captaincy milestones during the Edgbaston Test. He surpassed 2,000 Test runs as captain and 7,000 international runs. England posted a substantial first-innings total after bowling Pakistan out cheaply. Pakistan responded better in their second innings, aiming to reduce the deficit. The match saw notable batting performances from both sides.

11 Sep 2026 8:53 pm
NSEL settlement scheme: Sebi settles proceedings against 91 commodity brokers

Sebi has concluded its proceedings against ninety-one commodity brokers linked to the NSEL issue, allowing these firms to participate in a settlement scheme. Many brokers consented to temporary limitations on proprietary trading and onboarding new clients, with some remitting settlement fees of up to thirty-six lakh rupees. This move aligns with the directive from the Securities Appellate Tribunal regarding an orderly settlement process.

11 Sep 2026 8:22 pm
NSE's IPO to be second biggest till now as offer size cut, price band lowered

India's premier stock exchange, NSE, has finally revealed the long-anticipated details of its initial public offering. Existing investors will sell fewer shares at a revised price band, aiming to raise between Rs 21,494 crore and Rs 22,569 crore. The public can subscribe from September 17 to September 21, with the official listing set for September 24, marking a pivotal advancement for NSE.

11 Sep 2026 8:20 pm
SME IPO: Vama Wovenfab issue to open on Sep 15; sets price band at Rs 324-341/ share

Vama Wovenfab is set to launch its initial public offering on September 15, offering shares priced between Rs 324 and Rs 341. The company aims to raise Rs 49.5 crore, which will support various operational needs including working capital, machinery acquisitions, and the construction of a new shed. The equity shares will also be listed on the BSE SME platform.

11 Sep 2026 8:19 pm
Saudi airstrikes hit Yemen's rebel-held Mokha airport as Houthis take island near key strait

Yemen's Houthi rebels seized a strategic island in the Bab el-Mandeb Strait. This advance further threatens Saudi oil exports through a key global shipping lane. Saudi Arabia responded with airstrikes against the port city of Mokha, which the Houthis captured. The rebels' territorial gains could boost Iran's strategy to pressure the United States.

11 Sep 2026 5:05 pm
India's forex reserves jump $44.90 billion to record $785.71 billion as of September 4

India's foreign exchange reserves reached a record $785.71 billion. This surge followed a significant increase in the previous week. Foreign currency assets saw a substantial rise, contributing most to the growth. Gold reserves, however, experienced a slight decline during this period. Overall reserves show a considerable increase from both earlier this year and last year.

11 Sep 2026 5:05 pm
West Bengal: Powerful explosion in TMC leader's abandoned house; no casualty

The blast took place around 2 am at the house of Trinamool Congress (TMC) leader Dwijen Mondal near Lal Pol in Uttarbhag area of Baruipur East, police said, quoting local residents.

11 Sep 2026 5:03 pm
'What a tragic fall from Singh is King': Congress slams 'weak Modi govt' over controversial US ad

Congress has criticized the Modi government for its silence on a US Department of Homeland Security advertisement. The advertisement asked 'Mr Singh' to self-deport, sparking controversy and accusations of racism. Congress stated the Modi government appears weak and unable to advocate for India's interests. This incident follows previous instances of perceived humiliation for Indians under the current administration. The party demands accountability for the government's perceived diplomatic fail

11 Sep 2026 5:02 pm
5,000-year-old Polish grave discovered beneath a Roman-era cemetery held a necklace made of 42 animal teeth, a battle axe and two mysterious human skulls

In a remarkable archaeological find, researchers in Poland have discovered a 5,000-year-old burial site from the Stone Age, situated close to a Roman cemetery. The grave housed a nearly intact male skeleton alongside two other skulls, amber beads, a flint knife, a stone ax and a necklace made of 42 sharp teeth. The grave was discovered at an archaeological site near Zorawina, in southern Poland.

11 Sep 2026 4:59 pm
School Holiday Tomorrow, September 12, 2026: Are schools closed due to heavy rain? check state-wise updates

School Holiday Tomorrow: On Saturday, September 12, 2026, most Indian schools are set to operate as usual. However, due to the second Saturday of the month, several institutions may shut down. Additionally, some districts could implement weather-related closures for student safety. Parents are encouraged to confirm the holiday status with their specific school and keep an eye on local administration updates for any changes.

11 Sep 2026 4:59 pm
Sebi proposes extending IT, cyber security framework of MIIs to their arms

Sebi proposed extending IT and cyber security rules to subsidiaries of market infrastructure institutions. This move aims to strengthen regulatory oversight over these evolving business structures. Subsidiaries undertaking core MII activities will now follow parent company's cybersecurity frameworks. Exemptions can be sought if subsidiaries do not meet specific criteria. Public comments on this proposal are due by October 2.

11 Sep 2026 4:56 pm
Psychology says students who never miss their favorite teachers class may be motivated by something deeper

Having a favorite teacher is a fairly common experience. Students may naturally connect more strongly with certain teachers because their classroom experiences are influenced by more than the subject being taught. Feeling understood, supported and capable can all shape how students respond to a particular teacher. Research has also consistently found that positive teacher-student relationships are associated with greater student engagement and, in some studies, improved academic performance.

11 Sep 2026 4:55 pm
'Confident people-to-people ties will grow with Russian translation of Thirukkural': PM Modi as he gifts sacred Tamil scripture to Putin

Prime Minister Narendra Modi on Friday expressed confidence that people-to-people ties between India and Russia will grow further with the translation of the Thirukkural into Russian, as he gifted the Russian version of the classical Tamil scripture to Russian President Vladimir Putin during their bilateral talks in New Delhi.

11 Sep 2026 4:55 pm
Satin Finserv Limited launches 'Sankalp by Satin Finserv: The Climate Edition' to back India's next generation of climate innovators

Satin Finserv Limited has announced the launch of ' The Climate Edition', a national initiative aimed at discovering and supporting students and early-stage startups building solutions to some of the most pressing climate and environmental challenges.

11 Sep 2026 4:54 pm
Trump rejects Saudi request for strikes on Houthis: Axios

The Iran-backed Houthis, who have for years controlled large parts of northern Yemen, launched a large-scale offensive last week against Saudi-backed government forces, killing hundreds.

11 Sep 2026 4:53 pm
Explained: Why is market bouncing back? Sensex recovers over 700 points from days low; Nifty back above 23,400

Following an early morning slump, Indian stock markets rebounded robustly on Friday. This turnaround was encouraged by a significant drop in oil prices and a moderation in bond yields from their recent peaks. The anticipated discussions between Gulf nations and Iran regarding shipping management in the Strait of Hormuz also played a crucial role in easing supply concerns and stabilizing the market.

11 Sep 2026 3:15 pm
AI alone wont close Indias insurance gap as NITI Aayog seeks industry help to reach the missing middle

To effectively narrow the insurance gap in India, collaboration between government and private entities is crucial, as technology alone is insufficient. While AI holds the promise to connect more individuals with insurance, accessibility issues persist. Special attention is needed for the often-overlooked 'missing middle' demographic. Establishing consumer trust and providing adequate coverage are key to broadening insurance use. Defining shared responsibilities is essential for achieving univer

11 Sep 2026 2:34 pm
Sri Lotus Developers shares jump 3% to fresh 52-week high after Capital Group buys nearly 2% stake

Sri Lotus Developers shares hit a fresh 52-week high after a Capital Group fund acquired a 2% stake worth over Rs 195 crore. The promoter stake sale helped meet minimum public shareholding norms. The stock has more than doubled since its March low, while Q1 FY27 profit rose 77% year-on-year.

11 Sep 2026 2:23 pm
Jefferies' 25% CAGR club: Paytm, Groww among 5 financial stocks that can deliver up to 25% returns

Jefferies has identified Paytm, Groww, PB Fintech, AU Small Finance Bank and Poonawalla Fincorp as its 25% CAGR club of Indian financial stocks. The brokerage expects strong earnings and revenue growth over FY26-29, supported by scale, new business initiatives and operating leverage, while maintaining Buy calls on all five stocks.

11 Sep 2026 2:21 pm
Jefferies cuts KEI Industries target price by 11%. Will UltraTechs entry put the company at risk?

Jefferies has cut its target price for KEI Industries by 11% to Rs 6,150, citing concerns over UltraTech Cement

11 Sep 2026 2:17 pm
Steamhouse IPO Day 3: Subscription hit 8.36x, GMP signals 28% listing gain

Steamhouse Indias IPO was subscribed 8.36 times by 1 pm on Day 3, led by strong demand from non-institutional investors. The issues grey market premium stood at Rs 23, indicating a potential 28% listing gain over the Rs 81 upper price band. The IPO closes on September 11, 2026.

11 Sep 2026 2:15 pm
Hidden goldmine! How NSE IPO will unlock Rs 95,000 crore value for over 20 listed companies

The NSE IPO could unlock significant hidden value for 26 listed shareholders, whose combined NSE holdings could be worth around Rs 94,619 crore at the tentative upper price of Rs 1,785 per share. LIC stands to benefit the most, with its 26.53-crore-share stake valued at around Rs 47,351 crore.

11 Sep 2026 2:10 pm
Earning in dollars doesnt make NRIs better investors: Currency advantage alone isnt enough

For NRIs earning in stronger foreign currencies such as dollars, pounds or dirhams, investing in India can offer greater rupee purchasing power. However, experts caution that currency strength alone does not make someone a better investor.

11 Sep 2026 1:57 pm
Bernstein names Paytm stock as its top pick, lists 3 strong growth drivers for fintech giant

Bernstein has named Paytm its top pick, citing strong merchant lending growth, operating leverage and potential UPI MDR as key earnings drivers. The brokerage has set a Rs 2,200 target, implying further upside, while flagging key downside risks.

11 Sep 2026 12:30 pm
New-age industries fuelling India's capex cycle

Corporate spending on large infrastructure projects is picking up in India, with new-age sectors such as data centres, green hydrogen and electric vehicles emerging as important drivers of credit demand, Ashwini Kumar Tewari, managing director at State Bank of India Ltd., told Bloomberg Television in an interview.Considering the fact that Indians are one of the largest consumers of data in the world, and the data is pretty cheap, I think we have a need for a lot more data centers, which is why t

11 Sep 2026 12:30 pm
Oracle earnings show slower cash burn as AI spending starts to pay off; stock jumps 4% after market

Oracles latest earnings offered investors relief as stronger-than-expected revenue and a smaller cash burn eased concerns over its heavy AI spending. The companys revenue backlog surged to $664 billion, while customer prepayments helped fund capital expenditure. Oracle shares rose 4% after market as investors gained confidence in its AI growth strategy.

11 Sep 2026 12:25 pm
Centralised interoperable digital layer can help bridge Rs 60 lakh crore MSME credit gap: Report

India's MSME sector faces a significant formal credit gap, with existing channels meeting limited debt demand. A new digital layer can connect businesses, banks, and payment providers to bridge this gap. This system will digitise the order-to-cash process and automate invoice reconciliation across the nation. It enables cash-flow-based underwriting and addresses delayed receivables for small businesses.

11 Sep 2026 12:23 pm
Retail algo trading gets a makeover: how APIs, AI and regulation are opening the door for Indian traders

Retail algo trading in India is becoming more accessible as broker APIs, cloud infrastructure, AI-assisted coding and low-cost platforms lower technology barriers. Regulatory clarity is also helping formalise the ecosystem. While automation can make systematic trading easier to execute, experts warn that technology cannot replace robust strategies, testing and risk management.

11 Sep 2026 11:56 am
Midcap rally hides a deeper split: Every second stock down but index up 11% in 1 year. Are investors walking on thin ice?

The Nifty Midcap 150 has gained around 11% over the past year, outperforming the Niftys 6% decline. However, the gains have been uneven, with more than half of its constituents still in the red and some down as much as 70%. SKF India, KPIT Tech, Syngene International, RVNL, Tata Elxsi and Emami are among the notable laggards.

11 Sep 2026 11:36 am
Bank strike halts work at 7,000 branches in MP, affects business worth Rs 5,500 crore: Association

Bank operations halted across Madhya Pradesh due to a nationwide strike. Approximately 7,000 branches were affected, impacting daily business worth Rs 5,500 crore. Employees demanded a five-day work week and improved pension benefits. Other demands included uniform dearness allowance and NPS option. This strike disrupted cash, cheque, and treasury-related financial activities.

11 Sep 2026 11:34 am
HDFC Bank shares fall 2% to fresh 52-week low despite victory in Credit Suisse AT1 bonds cases in Bahrain

HDFC Bank shares fell despite the rejection of all seven Bahrain cases linked to Credit Suisse AT1 bonds. The stock remains under pressure amid governance concerns, recent losses and investor focus on earnings, while brokerages maintain positive views.

11 Sep 2026 11:31 am