The Economic Times
Elections 2026Company / The Economic Times
Gary Myers, a storied icon of North Carolinian racing, has breathed his last at the age of seventy-six. For over sixty years, he was a staple at Bowman Gray Stadium. As the patriarch of a remarkable four-generation racing family, which features both his sons and grandson, Myers excelled in modified racing, clinching a championship title in 1996.
Quote of the day by Baltasar Gracian presents friendship as one of lifes most powerful forms of emotional wealth. Friends can multiply happiness by giving us people with whom to celebrate, while dividing hardship by helping us carry difficult experiences with greater courage. The lesson is not that friendship eliminates suffering or guarantees constant happiness.
Prime Minister Narendra Modi held fifteen bilateral meetings with world leaders. He also engaged in pull-aside discussions with various international figures. Key leaders included Russia's Vladimir Putin and China's Xi Jinping. Discussions also involved leaders from Iran, Malaysia, and Indonesia. These meetings occurred on the sidelines of the recent BRICS Summit.
Prime Minister Narendra Modi met Nigeria Vice President Kashim Shettima during the BRICS Summit. External Affairs Minister S Jaishankar also discussed cooperation with Nigeria's Foreign Minister. Nigeria holds BRICS Partner Country status and seeks stronger bilateral ties. India's economic presence and trade partnerships in Nigeria are significant. The summit focused on resilience, innovation, cooperation, and sustainability for global growth.
Looking ahead, Oriental Insurance Company projects a profitable turnaround by 2026-27, facilitated by a planned stake dilution in the National Stock Exchange through an upcoming IPO. The company plans to offer close to 49.57 lakh shares in this process. Such a move is anticipated to enhance financial stability and liquidity, with subscriptions commencing on September 17, marking a key milestone for the insurer.
Chinese President Xi Jinping urged Global South nations to defend international law and reject might makes right. He called for a more equitable global order and greater participation for all countries. Prime Minister Modi also advocated for global governance reforms and a partnership platform. BRICS leaders adopted a declaration supporting more just and equitable global governance. The group will continue to voice concerns and priorities of the Global South.
Rahul Gandhi stated eighty percent of Indians are non-vegetarian and Indian non-vegetarian food is delicious. This statement followed a BRICS Summit gala dinner featuring an all-vegetarian menu. The dinner included dishes like Khandvi Mille and Khumb Galouti as starters. Main courses offered Paneer Lababdar and Gucchi Marmik for the delegates. The event concluded with desserts and a performance by over one hundred artistes.
The former Ford manufacturing site in St. Paul has been transformed into a vibrant housing community along with a grocery store. For decades, this location produced iconic vehicles like the Model T and Ranger pickup trucks, but the closure of many auto plants from 1979 to 2011 left communities reeling.
A Reddit users job application was rejected after she gave a salary range she believed matched her experience, but she said the rejection felt like a relief rather than a setback. Her story has sparked discussion around salary expectations, workplace value and refusing to accept less just to get hired.
India's Defence Research and Development Organisation has made remarkable progress with the successful demonstration of cutting-edge high-frequency defence technology. This advancement is key to strengthening national security by fortifying next-generation radar and electronic warfare systems. The use of Gallium Nitride chips, known for their exceptional power and speed compared to traditional silicon, highlights the country's journey towards semiconductor self-reliance in defence applications.
The New Delhi Declaration showcased India's diplomatic success in uniting diverse BRICS members. Experts noted India's skill in managing contradictions and leveraging diversity for cooperation. The declaration addressed global challenges like terrorism and human trafficking, promoting stability. It also highlighted opportunities for enhanced cooperation between member nations. Implementation of the declaration's points will require further dedicated work.
Jio Credit could grow its loan book fivefold to around 1.5 lakh crore after Bank of America infuses 18,268 crore for a near-50% stake. The capital is expected by December, after which the lender plans to reassess its products and strategy to accelerate growth.
AI-powered algorithmic trading is becoming increasingly accessible to Indian retail investors, driven by Sebis regulatory framework, trading APIs and zero-code platforms. Arihant Capitals Shruti Jain explains how automation can improve execution, reduce emotional bias and potentially become a mainstream trading habit.
After nearly a decade of delays, NSE is finally set to enter the public markets with its IPO. The issue will be entirely an offer for sale, allowing existing shareholders to sell their stakes without raising fresh capital for the exchange. From the co-location controversy to the Supreme Court settlement, several regulatory and legal hurdles had delayed NSEs market debut.
Over 90 companies have fixed September 18 as the record date for dividends and other corporate actions. Victoria Mills leads with a Rs 50 per share dividend, followed by Sharda Motor Industries at Rs 20. The list also includes several companies announcing dividends, while Oriana Power and Kairosoft Ai Solutions have set record dates for stock splits.
A consumer commission ordered an insurer to pay over eight crore rupees to Victorinox India. The company's fire insurance claim was unfairly repudiated by the insurance firm. This rejection occurred solely on technical grounds, which the commission deemed unsustainable. The commission found the insurer engaged in unfair trade practices and service deficiency. Victorinox India will receive the claim amount with interest and compensation.
Indian Bank plans to enter life insurance and asset management sectors soon. The bank is seeking board approval for these proposed new ventures. Identifying a strong partner is crucial for accelerating wealth creation efforts. Indian Bank also aims to open a representative office in Dubai. This move will leverage business opportunities from the large Indian diaspora.
The RBI reportedly rejected Tata Sons
Eight NSE midcap stocks reported year-on-year EBITDA growth of more than 80% in the June 2026 quarter. Lloyds Metals & Energy led the list with a 245% surge, followed by Rail Vikas Nigam at 232%.
During the first week of September, a massive outflow of Rs 13,138 crore from Indian equities occurred, marking a stark reversal after foreign investors had previously engaged in net buying during July and August. The pullback can be attributed to global uncertainties, climbing crude oil costs, and rising US bond yields.
Manipal Health Enterprises plans significant expansion across several Indian states. The company is adopting a digital-physical healthcare model driven by Artificial Intelligence. Strategic acquisitions and a new greenfield project in Mumbai are underway. Investments focus on AI-enabled nursing and patient monitoring systems. The healthcare major aims to add over 2,400 beds by the year 2030.
These stocks were identified using a defined set of filters: market capitalisation below Rs 1,000 crore, a share price under Rs 20, and a minimum latest trading volume of 5 lakh shares.
Indian equities enter a holiday-shortened week with the Nifty at a crucial support zone after five consecutive weekly declines. The US Fed
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.
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.
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.
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
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.
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.
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.
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.
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.
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.
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.
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
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.

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