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The Economic Times

Economy / The Economic Times

Japan Investment Corp to sell unit for $8.2 bn

Tokyo: Japan Investment Corp (JIC), a state-backed fund, plans to sell chipmaking materials maker JSR to Mitsui Chemicals in a deal that could exceed 1.3 trillion yen ($8.20 billion), two people familiar with the matter said.A decision could come as soon as within the month, one of the people said. Both people declined to be identified as the information is not public.JIC, JSR and Mitsui Chemicals did not reply to a request for comment.Reuters, which previously reported JIC is considering sellin

4 Nov 2026 6:28 am
New OTT releases to watch this week: 9 new movies and shows on Netflix, JioHotstar, Prime Video, ZEE5 and more

As November rolls in, streaming platforms are ready with a array of films and series to keep viewers entertained. From laugh-out-loud animated comedies to thrilling spy dramas and musicals, this month has something for everyone. Read on to know when and where to watch these OTT releases of the week online.

4 Nov 2026 6:22 am
Indus Towers equips 50,000 sites with solar power; plans to double count by FY29

Indus Towers has installed solar systems at 50,000 telecom sites, adding around 300 MW of capacity, and aims to double the number by FY29. The company says the initiative, combined with battery storage and energy-management systems, has helped cut energy costs by 8-10% per kilowatt and reduce diesel consumption.

4 Nov 2026 6:15 am
US Midterm Elections 2026: Trump approval plunges to 38% as polls begin to close, CBS exit poll shows

US President Donald Trumps approval rating stood at 38%, the lowest for an incumbent president during a midterm election, according to a CBS News exit poll. Around three-quarters of voters were dissatisfied with the direction of the country, while more Americans viewed the economy negatively than two years ago. Most also believed the US was wrong to take military action in Iran.

4 Nov 2026 6:01 am
Blue Eye Samurai Season 2: Netflix adult animated show's release date, plot, cast, creators and animators

Blue Eye Samurai will be released on Netflix on January 19, 2027. This is more than three years after the first season was released in November 2023. Mizu will go on a journey to London, while Akemi and Taigen deal with events in Edo Castle in the second season of the show. Ringo will also look for something new in his life.

4 Nov 2026 5:52 am
'Tesla misled South Korean customers'

Tesla has misled tens of thousands of South Korean customers by marketing driver-assistance software that the company knows cannot be legally used in most of its vehicles in the country, according to a complaint an advocacy group plans to file with a consumer protection agency on Thursday.Tesla has marketed Full Self-Driving (Supervised) software to prospective buyers in South Korea for years, often collecting lump-sum payments of 9.043 million won ($6,726).FSD can be used on about 20% of Tesla

4 Nov 2026 5:33 am
Bass X Machina: New Netflix six-episode anime series debuts with 100% Rotten Tomatoes score

Netflixs new steampunk anime Bass X Machina has received a perfect 100% score on Rotten Tomatoes after receiving early reviews from critics. The six-episode series stars Brian Tyree Henry, Janelle Mone and Tati Gabrielle. The series is the story of real-life US Marshal Bass Reeves in a steampunk version of the wild west. The series focuses on colonialism, sacrifice and culture.

4 Nov 2026 4:20 am
Greenland approves security deal with Denmark and US following months of Trump's pressure

Greenlandic lawmakers voted 16-0 to approve a security agreement with Denmark and the United States. This deal aims to strengthen military presence in the Arctic while keeping Greenland under Danish control. Although some residents express concerns about its implications for Greenlanders, they hope to curb American threats. The agreement will take effect after Danish parliamentary processes are completed later this month.

4 Nov 2026 3:06 am
Iran US War to resume in full scale in Middle East? American strikes in Strait of Hormuz on Midterm election results day raise fears

Iran US war: Thousands of U.S. troops remain in the waters off Iran to maintain a naval blockade aimed at preventing tankers carrying Iranian oil from reaching the global market. Another aircraft carrier and thousands of additional troops are also on their way to the Middle East.

4 Nov 2026 3:02 am
What has happened to Nicolas Cage's $10.5 million beachfront home in Malibu? Actor makes revelations at Los Angeles Comic Con

Nicolas Cage has revealed he is staying in hotels after a sinkhole destroyed a part of his $10.5 million Malibu home back in September. The actor spoke about his Halloween plans during an event at Los Angeles Comic Con on October 31. The sinkhole destroyed a part of Nicolas Cage's driveway and deck.

4 Nov 2026 2:58 am
Microsoft buyout offer: Should you take the payout or risk future layoffs? A legal expert explains what to do before signing

Microsoft buyout offer: Microsoft has offered voluntary buyouts to around 60,000 employees, leaving workers to weigh the payout against the uncertainty of staying or finding another job. Employment attorney Craig Levey shares what employees should review before signing, from legal terms and future layoff concerns to negotiation and tax implications.

4 Nov 2026 2:57 am
Equitas Small Finance Bank names Balaji Nuthalapadi interim CEO following PN Vasudevan's resignation

Equitas Small Finance Bank has appointed Balaji Nuthalapadi as the interim chief executive officer. This decision comes after the resignation of PN Vasudevan last week. The appointment awaits approval from the Reserve Bank of India before finalization.

4 Nov 2026 2:07 am
Shapoorji Pallonji to monetise 3,000-acre land, eyes Rs 10,000 cr from plotted developments

Shapoorji Pallonji Real Estate aims to develop a substantial plotted township in the Mumbai-Pune corridor. The project covers 900 acres and has an estimated gross development value exceeding Rs 6,000 crore. The company has secured approvals for the first phase, which spans 200 acres and will generate about Rs 1,800 crore.

4 Nov 2026 2:01 am
Radhika Apte reveals why she often tells her maid to have weekly offs: You pay them peanuts

Radhika Apte has been actively voicing some brutal truths as of late. From addressing colourism in South cinema to disclosing her least favourite role, which she loathed portraying, the Andhadhun star has been candid recently. In a different interview, the actress highlighted how even the best-intentioned individuals mistreat domestic workers such as their maids and drivers.

4 Nov 2026 1:43 am
Irdai mandates four-tier structure for motor insurance from Dec 15

Irdai will implement a four-tier structure for motor insurance covering private cars and two-wheelers. Customers will have the option to select separate covers, including mandatory third-party liability and optional personal accident cover. Existing policyholders can add occupant liability coverage without canceling their current policies.

4 Nov 2026 1:34 am
Lenders accept Supreme Housing's Rs 522-crore settlement offer

Canara Bank along with other lenders accepted a 522-crore one time settlement offer from Supreme Housing and Hospitality. This settlement will help the company resolve debts close to 700 crore, representing a 75% recovery for involved banks. The one-time settlement includes both fund and non-fund exposure from corporate guarantees given to subsidiary entities.

4 Nov 2026 1:31 am
NBFCs redesign lending models ahead of revolving credit curbs

Non-banking financial companies are innovating loan products to align with upcoming Reserve Bank of India guidelines. These guidelines aim to limit revolving credit facilities, prompting firms to develop term loans. Bajaj Finance has already begun launching new term loan variants, while Tata Capital is testing modified flexi-loan products. Other NBFCs are reviewing their positions on revolving credit exposure ahead of the final regulations.

4 Nov 2026 1:28 am
World of Warcraft: Forever: How to preload, minimum and recommended PC system requirements and editions

World of Warcraft: Forever will launch globally on November 4, 2026 at 3PM PST. It will be released globally at the same time. At least 128GB of free space on SSD is required to play the game. Around 150GB can be left free for extra files and add ons of the game. Skyborne Heroic Pack, Skyborne Epic Pack and Warcraft Forever Collection are different editions of the game.

4 Nov 2026 1:21 am
AI boom to drive demand for clean, affordable power: Pralhad Joshi

Union Minister Pralhad Joshi highlighted the importance of affordable, clean electricity access amid rising artificial intelligence adoption. He stated that this necessity will become a strategic imperative for reshaping economies. India has been re-elected as president of the International Solar Alliance, with plans for continued investment and solar deployment.

4 Nov 2026 1:08 am
Festive demand lifts dry fruit, chocolate imports this season

During the festive season, India's import of tree nuts and chocolates rose significantly, reflecting a 10-12% annual demand increase. The reduction in goods and services tax has made these gourmet products more accessible to consumers. In 2025, dry fruit imports during this period accounted for a substantial share of annual purchases.

4 Nov 2026 1:05 am
Tata-Iveco aim for global CV business: Chandra

Mumbai: Tata Motors and Iveco Group are aiming to build a global commercial vehicle business focused on growth rather than consolidation, N Chandrasekaran, chairman, Tata Sons, said on Tuesday, outlining the rationale behind the transatlantic deal.The $4.32 billion acquisition of the Italian truck and bus maker marked the biggest overseas deal for Tata Motors in the CV segment and the largest by a Tata Group automotive entity since the 2008 acquisition of Jaguar Land Rover from Ford Motor Compan

4 Nov 2026 1:00 am
Wockhardt seeks 14-year data shield for India-made drugs

Mumbai-based Wockhardt has struck success in its innovative research on a range of antibiotic drugs, bridging a global pipeline gap for difficult-to-treat infections. In May this year, the company secured approvals from Indian and US drug regulators for a breakthrough drug, Zaynich (cefepime + zidebactam), to treat complicated urinary tract infection, including acute pyelonephritis or severe kidney infections. Wockhardt has showcased six drugs to treat antimicrobial resistance (AMR).

4 Nov 2026 12:59 am
HRV Pharma buys Germany's Phatebo

The acquisition marks virtual pharmaceutical company HRV's entry beyond active pharmaceutical ingredients (APIs) into finished formulations, giving it its first finished formulations business alongside a licenced operating entity in Germany.

4 Nov 2026 12:54 am
RBI eases forex rules for services exports and imports

The changes form part of the Foreign Exchange Management (Export and Import of Goods and Services) which came into effect from October 1, 2026. Under the amended regulations, a resident individual exporting services will be deemed to have submitted the Export Declaration Form, or EDF, once the individual provides the authorised dealer bank with the information required to credit the payment to the exporter's account. No transaction-value threshold has been prescribed for resident individuals.

4 Nov 2026 12:53 am
Big-budget Ramayana set for a slow start at theatres

Advance ticket sales for The Ramayana: Part 1 have not met the expectations of trade analysts and distributors. Data shows that ticket sales are underwhelming despite the film's grand scale and marquee cast. Concerns have been raised about the film's music not resonating with audiences and the quality of its VFX. Experts have highlighted inflated advance booking figures, suggesting lower actual sales than reported.

4 Nov 2026 12:51 am
Air India CEO targets lower costs, higher passenger yields to steer airline towards profitability

Air India CEO Tewolde Gebremariam said the airline is working to reduce operating costs and improve passenger yields as it pursues a financial turnaround. The plan includes bringing unit costs in line with industry levels, restructuring its Delhi network, expanding international flights from Mumbai and exploring Bengaluru as a third hub.

4 Nov 2026 12:48 am
EV maker Eka plans production in line with infra readiness

Eka Mobility, a Pune-based electric vehicle maker, is facing delays with electric bus deliveries due to charging infrastructure issues. The company can only deliver around 2,000 electric buses from an order book of approximately 11,000 over the next two years. Depot readiness takes about a year as state transport needs to establish necessary infrastructure. Chairman Sudhir Mehta suggested that the government should separate depot development from bus procurement.

4 Nov 2026 12:42 am
The Legend Of Zelda: Ocarina Of Time Remake global release timings for Nintendo Switch 2

The release date and time for The Legend Of Zelda: Ocarina Of Time Remake has been revealed. Nintendo Switch 2 players will be able to play the game from November 5 2026. Some parts of the world will be able to play the game from November 4. The game has been given a fresh make over with new characters, places and mechanics. However, the players can download the game beforehand.

4 Nov 2026 12:35 am
Festive season: Pistachio prices nearly double, almonds up 20% on West Asia crisis and US crop shortfall

Pistachio have been the game spoiler this year. The prices of pistachio from all origins including Iran, Afghanistan and California have increased, said Ravindra Mehta, member of central governing council at Nuts and Dry Fruits Council of India (NDFC-I). The current pistachio crop in California is expected to be only about 40% of last year, which has led to an increase of 50% in pista prices in the wholesale markets and even more in retail, he added.

4 Nov 2026 12:16 am
Gold smuggling jumps to 50 tonnes as 15% import duty widens gap for unofficial supply

Gold smuggling in India is estimated to have surged to 50 tonnes in the September quarter from three tonnes a year earlier after import duty rose to 15% from 6%, according to the World Gold Council. Meanwhile, demand remained 29% lower year-on-year as record-high prices weighed on purchases.

4 Nov 2026 12:14 am
Indian oil refiners expect healthy margins amid global supply disruptions

A combination of these factors offer Indian refiners an opportunity to capitalise on stronger diesel, gasoline and aviation turbine fuel (ATF) cracks. Reliance Industries (RIL), Bharat Petroleum Corporation (BPCL), Indian Oil Corporation and Hindustan Petroleum Corporation (HPCL) reported record refining performances in the September quarter (Q2) and expect the run to continue.

4 Nov 2026 12:10 am
Rs 9,000 crore land assets monetised so far in FY27

The NLMC, which is working under the aegis of the Department of Public Enterprises under the finance ministry, also has land assets worth another Rs 4,000-5,000 crore belonging to public sector undertakings (PSUs) in the pipeline. These are at various stages of processing, providing an additional pipeline of potential transactions.

4 Nov 2026 12:07 am
IIT graduates father was a sweet seller in Lucknow; he got 48% in class 5, later went on to get top grades in IIT, today earns more than Rs 2 crore per year as AI engineer: I earn in a month

Tejash Vaish was once part of a humble family in Lucknow, where his father made a living by selling sweets. Although he faced academic challenges throughout his school years, he ultimately changed his circumstances through dedication and effort. Currently, he has a computer science degree from IIT Kanpur and is employed in Dubai, earning an impressive yearly salary exceeding Rs 2.5 crore.

3 Nov 2026 11:57 pm
Nicole Taylor was given just 3 months to live after breast cancer returned. How she spent her final days before death?

Country singer Nicole Taylor, a member of Taylor Red, died at 35 after her breast cancer returned as stage four. Doctors gave her around three months to live, but she continued travelling, working and enjoying life for nearly another year. Her sisters, Nika and Natalie, have now shared how she faced her final months with hope, faith and determination.

3 Nov 2026 11:25 pm
Delhi airport working with regulators to further ease security clearance for transfer passengers

Delhi airport is working with security regulators to ease clearance procedures for transfer passengers, who account for 30-35% of its annual traffic, GMR Airports Executive Director S G K Kishore said. He also defended airport charges, saying higher infrastructure investments push up tariffs, which could decline over time.

3 Nov 2026 11:10 pm
NASA astronaut Anil Menon, others vote from space

Three NASA astronauts, including Anil Menon, participated in the US midterm elections from the International Space Station. Menon, along with fellow astronauts Luke Delaney and Jessica Watkins, cast their ballots securely from orbit. The ballots were sent via NASA's encrypted Near Space Network to ensure integrity. Menon filled out his electronic ballot for Harris County in Texas, marking a unique voting experience.

3 Nov 2026 11:08 pm
China tape maker stock debut: Chinese firm that deals with Apple, Tesla, BYD saw stock price surges 787 per cent after IPO, makes former school teacher, sister billionaires

Crown New Materials Technology is provider of adhesive materials to Apple, Tesla, BYD. During the first day's trading, Crown New Materials Technology made an astronomical gains of 787 per cent.

3 Nov 2026 11:08 pm
Construction, demolition activities banned in Gurugram amid pollution; check dates, WFH mandates & more

Gurugram's administration has announced a ban on construction and demolition activities to combat rising air pollution. This ban will be effective from November 5 to 20 and affects various projects. Both government and private offices are allowed 50 percent of staff to work physically. Exemptions include essential services and infrastructure projects related to railways, metro, and hospitals.

3 Nov 2026 11:05 pm
Trump hails Republican breakthrough in Guam, congratulates Tony Ada

Donald Trump congratulated Republican candidate Tony Ada on winning the governor's race in Guam. This win is noteworthy as Guam is traditionally a Democratic territory. Trump asserted that this victory might indicate future Republican successes in upcoming midterm elections. Ada faced Democrat Therese Terlaje in the November 3 election for governor. Additionally, Republicans reportedly secured a majority in Guam's Senate following the same election.

3 Nov 2026 11:02 pm
Bata puts its best foot forward on profits as inventory shrinks, distribution expands

Bata India is banking on distribution expansion and tighter inventory management to drive growth, as adjusted profit before tax surged 31.4% year-on-year in Q2 FY27, outpacing revenue growth of 7.5%. The footwear maker has expanded its key retail outlet network 2.6 times and targets 5,000-plus outlets by Q3 FY27.

3 Nov 2026 11:02 pm
Texas voting results: How to check live updates as James Talarico takes on Ken Paxton in key Senate race as Democrats eye first statewide win since 1994

Texas voting results by county: Texas voters are heading to the polls in a closely watched Senate race between Democrat James Talarico and Republican Ken Paxton. With Democrats seeking their first statewide election victory since 1994, heres when Texas voting results are expected and how to check the latest updates.

3 Nov 2026 11:01 pm
Jailer 2 OTT release new update: Rajinikanth's latest blockbuster to stream online with extra scenes. When and where to watch?

Rajinikanth's Jailer 2 is reportedly set to premiere on Amazon Prime Video on November 12, following its successful theatrical run. However, the OTT release has sparked fresh interest after reports suggested that the digital version could feature around 30 minutes of additional footage, including deleted scenes featuring Mohanlal, Santhanam and Vijay Sethupathi. The makers have yet to officially confirm the release date or extended cut.

3 Nov 2026 10:55 pm
What do passengers get onboard Vande Bharat Sleeper train? Viral video takes viewers inside Delhi-Varanasi journey, shows meal & bedding

An Instagram reel showing the facilities inside the Vande Bharat Sleeper train has crossed 2 million views. Shared by @vlogwithprateek_, the video offers a glimpse of the onboard meals, bedding arrangements and sleeper coach interiors during a Varanasi-New Delhi journey. The new service connects the two cities via Prayagraj, Kanpur Central, Aligarh and Ghaziabad.

3 Nov 2026 10:52 pm