Economy / The Economic Times
UN chief Antonio Guterres said Sunday he was shocked by harrowing levels of death, injury and destruction in north Gaza, where Israeli forces are carrying out attacks they say aim to prevent Hamas regrouping. The Secretary-General is shocked by the harrowing levels of death, injury and destruction in the north, with civilians trapped under rubble, the sick and wounded going without life-saving health care, and families lacking food and shelter. bgs/dw
Israel's unprecedented aerial assault on Iran raises questions about Tehran's potential retaliation. Analysts speculate Iran may choose a muted response to avoid revealing weaknesses, while Israel targets military sites to minimize escalation. Both sides are navigating uncharted territory with uncertain red lines.
Regulatory changes and standardization are set to boost surety bonds introduced in 2022 by general insurance companies. These bonds will support India's infrastructure development, reduce reliance on bank guarantees, and allow banks to lend to other sectors. Legal and regulatory reforms are crucial for providing insurers equal recourse under the Insolvency and Bankruptcy Code.
Daylight saving time ends Nov. 3, granting an extra hour of sleep but resulting in earlier darkness. The shift can affect circadian rhythms, causing sleep disruptions and health issues. Health experts recommend eliminating time changes and sticking with standard time to better align with human biology and sunlight exposure.
US election 2024 Presidential race between Republican nominee Donald Trump and Democratic candidate and incumbent Vice-President Kamala Harris will mainly be decided by the polling outcome in seven battleground states, according to political experts. These states are Pennsylvania, Wisconsin, Michigan, Georgia, North Carolina, Nevada, and Arizona.
Raymond CMD Gautam Singhania criticizes Lamborghini India's top executives for ignoring customer issues. Meanwhile, Raymond Lifestyle plans to hire 9,000 workers, with 900 new stores over three years. The firm targets fast fashion, aiming to capitalize on global brands moving production to India.
39 Telangana Special Police personnel have been suspended for misconduct and inciting agitation, leading to protests by constables and their families. The police department is investigating the violations and promised to address grievances while preserving discipline and integrity within the force.
Diwali, the festival of lights, is an ideal time to share joy and love through meaningful gifts. Instead of purchasing something from a store, consider crafting something special and personal. Here are five DIY Diwali gift ideas that your loved ones will treasure.
Sudha Murty, a renowned philanthropist and Rajya Sabha member, fulfilled her desire to build a temple from scratch. She constructed a Lord Shiva temple in Ivanallur village, Tamil Nadu, with ancient stone idols. The project took 18 months and was funded personally by Murty.
Prime Minister Narendra Modi congratulates Arjun Erigaisi for surpassing the 2800 Elo rating in live chess, making him the youngest Indian and second player from the country to achieve this feat. Representing Team Alkaloid, Erigaisi's success in the 2024 European Chess Club Cup elevates him to World No. 3.
Assam CM Himanta Biswa Sarma highlights the detection of 138 Bangladeshi infiltrators in the last two months. He stresses the need for proactive roles by state governments due to porous borders and emphasizes that effective coordination with BSF is crucial.
Delhi residents face potential water shortages due to maintenance work on the Upper Ganga Canal and high ammonia levels in the Yamuna River, reducing the operating capacity of key water treatment plants to 30%. The disruption could affect several regions until November 1, 2024.
Prime Minister Narendra Modi laid the foundation stone of the C-295 aircraft manufacturing plant in Vadodara. The Indian Air Force will receive 40 C-295 planes, starting with the first one in September 2026. Six of the 16 aircraft brought from Spain are now inducted into India's 11 Squadron.
The Aam Aadmi Party (AAP) decides not to contest the Maharashtra assembly elections, focusing on defeating the BJP. Despite offers from NCP and Shiv Sena, AAP aims to support the INDIA alliance to avoid opposition vote division as seen in Haryana.
The rural development ministry clarified that despite reports of a drop in MGNREGS enrolment, targets cannot be set mid-year due to the demand-driven nature of the scheme. The ministry emphasized increased person days through FY 2024-25 and explained processes for job card verification and wage payment challenges.
Diwali is a season of joy and festivities, but the loud sounds of fireworks can be quite stressful for our furry companions. Here are six effective strategies to ensure your pets stay safe and relaxed during this celebratory time:
Karnataka and Tamil Nadu rank second and fourth among top states contributing to 70% of India's direct tax collections, with Maharashtra leading. Maharashtra, Delhi, Karnataka, and TN have above-average per capita tax contributions. Income tax returns filing peaks in Maharashtra, followed by Uttar Pradesh, Gujarat, Rajasthan, and TN.
India is seeking compensation from Turkiye following Ankara's decision to extend safeguard measures on polyester staple fibres, impacting trade worth USD 22.18 million in 2023-24. India, citing WTO norms, may impose retaliatory customs duties if consultations do not resolve the issue.
In 2025, Shillong, Meghalaya's capital, tops Indians' travel destinations, surpassing even renowned international spots like Baku and Azerbaijan. This trend signals a shift toward meaningful, immersive, and value-driven travel experiences within India.
Union Civil Aviation Minister K Rammohan Naidu announces that the Centre is considering steps to ban individuals who issue hoax bomb threats from flying, with amendments to civil aviation laws and support from international and domestic agencies. Investigations and collaboration with social media platforms are ongoing.
Nearly two dozen hotels in Kolkata, Tirupati, and Rajkot received hoax bomb threats via email on Saturday. Police conducted searches but found nothing suspicious. The emails mentioned various names connected to past criminal incidents. Central agencies have been alerted due to the pattern of threats aimed at flights, airports, and now hotels.
With inflation rising and impacting sales and margins across sectors, FMCG and retail companies are adapting through quick and traditional e-commerce, as well as targeting tier 2 and 3 markets. Despite challenges, there's optimism for a festive season recovery supported by strategic adjustments.
Urban Vault is expanding in Bengaluru by leasing 1.2 lakh square feet of office space in the central business district. The company sees high demand for flexible office space. It also plans to expand to Gurugram, Pune, and Mumbai soon. Urban Vault's turnover for 2023-24 exceeded Rs 100 crore with 18% profit.
The Allahabad High Court invalidates a 2023 Uttar Pradesh government order outlining SOPs for private motor driving training schools, ruling that only the central government has the authority to regulate licensing and related activities under Section 27 of the Central Motor Vehicles Rules, 1989.
The controversy around Pakistani TikTok influencer Manahil Malik has escalated. Just days after Manahil stated that a viral explicit video allegedly featuring her was fake, Pakistani actress Mishi Khan suggested that Manahil might have intentionally leaked the video herself, drawing inspiration from a plotline in Kareena Kapoor Khans Bollywood movie Heroine.
Air India Express will expand its network by starting flights to Bangkok and Phuket in the coming months. The airline currently serves 14 international and 35 domestic destinations. It operates over 400 flights daily with a fleet of 90 aircraft. Recently, Air India Express also announced flights to Jammu and Sri Vijaya Puram from December 1.
As the U.S. presidential race approaches its conclusion, Donald Trump's campaign rallies are marked by rambling speeches, dark rhetoric, and indulgent tangents, which risk alienating some voters. His erratic behavior contrasts with the focused strategy of rival Kamala Harris, who criticizes Trump's fitness for the presidency.
This festive season, the appliance and consumer electronics industry anticipates a growth of around 30 percent, buoyed by online and offline sales. Companies are seeing increased interest in premium products, with significant demand from tier II and III markets and overlapping wedding season purchases contributing to this surge.
A truck driver drove into a crowd at a bus stop in central Israel, injuring 24 people, before he was shot and neutralized by civilians. The incident happened at Aharon Yariv Boulevard in Ramat HaSharon. At least 16 people were transported to hospitals. Police and ambulances quickly arrived at the scene.
The satellite-communication industry in India requests the government to protect pivotal Ka and Ku frequency bands from terrestrial services and allocate the 27.5-28.5 GHz band solely for satellite use. SIA-India emphasizes long-term spectrum assignments up to 20 years and recommends clear guidelines for satellite operators.
Akasa Air reported receiving security alerts on some flights on October 27, 2024. The airline's Emergency Response team is coordinating with local authorities to follow all safety and security procedures, ensuring passenger safety and comfort. This incident follows a series of hoax bomb threats to various Indian airlines.
Several hotels in Lucknow, including Marriott, Fortune, and Lemon Tree, received bomb threats via email demanding a $55,000 ransom. The emails claimed bombs were planted in black bags on hotel grounds and would detonate if tampered with or if the ransom was not paid. This follows similar hoax threats to hotels in Rajkot and multiple flights.
The Great Indian Kapil Show is gearing up for an exciting episode featuring the talented cast of the thrilling movie Do Patti. Special guests Kajol Devgan, Kriti Sanon, Shaheer Sheikh, and screenwriter Kanika Dhillon join Kapil at Kaps Caf for a night brimming with laughter and engaging conversation.
Pakistan has asked China for an additional 10 billion yuan loan. The country has already used its current 30 billion yuan trade facility. This request follows China's recent extension of the existing trade facility and a currency swap agreement. During Chinese Premier Li Qiang's recent visit, the leaders discussed further strategic cooperation.
8 things to keep in your purse that are believed to bring luck
Prime Minister Narendra Modi is set to launch expanded health coverage under the Ayushman Bharat scheme for all citizens aged 70 and above, regardless of income. The initiative, providing free treatment up to Rs 5 lakh, aims to benefit an estimated six crore citizens.
Assam Cabinet approves a three per cent DA increase for state employees, effective from July, with arrears to be paid over four months. The state also plans to celebrate Bhasha Gaurav Saptah in honor of Assamese language. Additionally, 138 Rohingya infiltrators have been detected and pushed back.
Ahead of the Maharashtra assembly polls, External Affairs Minister S Jaishankar emphasized the importance of having a state government aligned with the Centre's objectives. He highlighted Maharashtra's significance in industry and infrastructure, and noted the NDA government's focus on the economy and employment in its third term.
Assam CM Himanta Biswa Sarma considers BJP's prospects for the upcoming Jharkhand assembly elections challenging but remains hopeful. Busy with Jharkhand, he hasnt focused on Assams November 13 by-polls. Jharkhand polling is on November 13 and 20, with results on November 23.
If you dislike winters, explore these top winter sun destinations in India that provide the perfect blend of cool, crisp weather and the inviting warmth of the sun.
Nestle India has praised FSSAI's proactive and industry-centred approach over the past decade, particularly in improving NABL-accredited laboratories for credible food testing. After the Maggi crisis in 2015, FSSAI has become more responsive, gaining respect from companies like Nestle. Nestle relaunched Maggi post-ban and continues to dominate the instant noodles market in India.
Tata Group's Noel Tata announced a strategic leadership transition with the elevation of Natarajan Chandrasekaran as Chairman of Tata Sons. This move is significant as it not only reflects the company's commitment to sustained growth but also honors the legacy of the late Cyrus Mistry. The announcement emphasizes a focus on innovation and sustainability, with a keen eye on international expansion.