The Economic Times

School holiday news: Schools across India are generally set to operate as usual on October 27, 2026. Local authorities may declare holidays based on weather conditions, especially in southern coastal states. Odisha and Andhra Pradesh are particularly monitoring forecasts due to cyclone concerns and heavy rain alerts. Parents and students should check with schools for specific instructions or changes related to closures.

Anthropic filed for an initial public offering, reflecting rapid revenue growth amid significant financial losses. The company reported a 1,300% revenue increase, reaching $16.3 billion in the first half of 2026. However, it also encountered a net loss exceeding $80 billion due to high costs in AI development. Risks associated with AI technology are increasingly becoming a concern for potential investors.

Verizon now expects to add between 1.1 million and 1.2 million postpaid phone subscribers this year compared with earlier projections of 750,000 to 1 million.

Sometimes, good service is all it takes to earn generous tips, even from patrons who have left the world. In 2015, two waitresses at a Manhattan restaurant were stunned when they learned how they both were left $50,000 each by a late patron, an art collector and dealer.

Maharashtra announced a waiver for the 25 per cent transfer fee on land for renewable energy projects. This decision aims to alleviate financial pressure on companies and reduce project costs. Companies must use the land exclusively for renewable energy to qualify for this exemption. If the land is used for other purposes, the exemption will be revoked, and fees will be charged.

Mumbai's Central Railway suburban services encountered notable disruption on Monday following a signalling failure at Kanjurmarg. Although the signalling system was restored later, train operations between Vikhroli and Bhandup were severely affected. Adding to the turmoil, an overhead wire was discovered dangling between Mulund and Thane, forcing operators to follow special protocols for safety while managing the delayed services throughout the region.

An Indian aviation enthusiast from Kochi has transformed his Dubai apartment by installing the restored living room of Etihad Airways luxury Airbus A380 Residence suite. Arun Rajagopal initially wanted to buy only the suites leather sofa but ended up acquiring the entire section. The restoration took nearly a year, with engineers repairing damaged components and adapting the cabin for home use.

Cara Wood, a waitress from Chagrin Falls, inherited $500,000 from a regular customer named Bill Cruxton. After his passing, she faced legal challenges from Cruxton's family members contesting the will. Despite these difficulties, Wood invested the money wisely and continued her education at Ohio University. With her mothers guidance, she focused on building a career in financial services rather than spending lavishly.

Raymond Realty has announced that it has secured Rs 210 crore from ICICI Prudential Real Estate Development Fund. This financial investment will be used for a redevelopment project in the Mumbai Metropolitan Region. The investment will be made through Ten X Realty West Ltd, a subsidiary of Raymond Realty. The collaboration aims to enhance capital efficiency and expedite project timelines.

The true value of power lies in its purpose, the Prime Minister told the Bloomberg New Economy Forum in October. Indias next lever of power is the health of its people, and the digital infrastructure behind CoWIN can now help keep a billion Indians well.

The company said the second quarter growth was supported by new oncology approvals, strong demand across geographies, a better oncology mix, operating leverage, and disciplined cost management.

Under the revamped structure, Suraj Singh and the Zee Studios team will report to Nahta, who will also oversee commercial and movie acquisition decisions across platforms, with a focus on Hindi and other-language films. He will report to ZEEL Chief Executive Officer Punit Goenka.

The company outperformed the market by 1.1 times in both chronic and acute therapies. Cardiac and anti-diabetes brands registered growth of 18.7% and 15.8%, respectively. In acute therapies, gastroenterology grew at 1.3 times the market rate, while vitamins, minerals and nutrients (VMN) expanded at 1.4 times that rate.

India and the US are refining their bilateral trade agreement after concluding most discussions on the deal. Commerce Minister Piyush Goyal indicated significant progress has been made towards finalizing the agreement. Recent talks have involved high-level meetings between officials from both nations, focusing on tariff reductions and trade frameworks. Goyal is currently leading a significant delegation to the Netherlands and Germany to promote bilateral business ties.

Artist Shilpa Gupta discusses how perception, borders, power and technology have shaped her artistic practice. She reflects on her use of interactive media, her experiences in border regions and why she sees AI as just another artistic medium, arguing that what matters is what artists do with it.

The Centre has extended the RELIEF initiative to March 31, 2027, to assist exporters. This scheme provides risk coverage to exporters facing higher shipping and insurance costs. Eligible exporters can receive 95 percent coverage and protection against rising insurance premiums. Exporters must submit claims through the Export Credit Guarantee Corporation's customer portal to benefit. The extension aims to support trade flows amid ongoing geopolitical tensions in West Asia.

Railway passengers will need to pay for optional travel insurance through digital means starting October 27. This change follows a Supreme Court order requiring digital transactions for insurance premiums. The 45-paise premium cannot be paid in cash due to certain coins no longer being legal tender. Passengers who cancel tickets will forfeit part of the insurance premium along with other fees.

Russian exporters are increasingly tapping into the Indian market, utilizing platforms like the permanent pavilion in Navi Mumbai. Additionally, e-commerce giants such as Amazon India and niche platforms are playing a vital role in this process. An upcoming international export forum in Moscow aims to strengthen these ties through collaboration and technological discussions.

Chris Brown was recently sentenced at Southwark Crown Court for his involvement in a violent incident at the Tape nightclub, where he pleaded guilty to affray. This offense relates to an altercation in February 2023, during which he allegedly hit music producer Abraham Diaw with a glass bottle. Additionally, Brown's associate, Omololu Akinlolu, participated in the assault.

Metal swarf is often viewed as mere waste, yet it holds potential for efficient recycling into briquettes for steel production. Based in Orenburg, SteelCom specializes in converting swarf through advanced crushing and pressing technologies. This process not only streamlines metal recycling but also minimizes handling expenses and conserves vital resources. Their adaptable technology caters to businesses of all sizes, showcasing their expertise and reliability in addressing recycling challenges.

Revathi Kamath, mum to entrepreneurs Nithin and Nikhil Kamath, was recently thanked by a Facebook user from Bengaluru for treating her to a delicious meal consisting of ragi mudde. According to Sadhguru, ragi is a nutritional powerhouse that can lower blood sugar and also improve digestive system.

A techie with 3.5 years under his belt weighs a Rs 13.5 LPA job offer in Bengaluru. While he dreams of a brighter future with improved work-life harmony, financial stability remains on his mind. Reddit threads warn about the financial strain associated with relocating to this vibrant city, even as he envisions new career horizons ahead.

Nobody Wants This had been ruling Netflix streaming charts since it's first season. People love the romantic story of Rabbi Noah and podcaster Joanne. Their journey is filled with obstacles but the handle everything with love and warmth, with a few pinches of drama.

China's plan to impose export controls on photovoltaic technologies could create challenges for India's solar manufacturing sector and affect supply chains. These restrictions may lead to delays and increased costs for domestic players aiming for backward integration in manufacturing. The Approved List of Models and Manufacturers Phase II policy timelines could also be disrupted as a result.

The RTI applicant had sought the report, its findings, details of any amendments or corrigenda, and correspondence between IIT Roorkee and ITDC regarding the structural assessment. The applicant argued that the information was in the larger public interest, citing concerns over the hotel's structural strength.

Silvassa manufacturing expansion completed ahead of schedule as the company prepares to expand its international footprint across the United States and South America

A mysterious organism that grew up to 8 metres tall around 400 million years ago has puzzled scientists for more than 165 years. Known as Prototaxites, it was initially mistaken for a tree and later classified as a possible giant fungus. However, a new study published in Science challenges the fungal theory after researchers examined its microscopic anatomy and chemical composition. The findings suggest that the organism may belong to an entirely extinct branch of life.

Greater Bengaluru Development Minister Krishna Byre Gowda has directed officials to expedite road and infrastructure developments. During inspections, he emphasized the need for integrated approaches to improve traffic flow and safety. Gowda also requested coordinated efforts to complete pending works while minimizing disruptions for residents and commuters. He highlighted the importance of pedestrian safety and efficient drainage as key components of road improvements.

Eric Bauza, who voiced iconic characters like Bugs Bunny, has passed away at the age of 46. He was known for his impressive work as a voice actor in animation. Bauza grew up in Toronto, influenced by his Filipino heritage and love for cartoons. His career began by imitating his favorite characters and evolved into a professional journey.

State Bank of India chairman CS Setty noted that upcoming rate hikes could affect discretionary consumption demand. He highlighted that retail asset quality is expected to remain stable at the system level. Setty indicated a projected 0.50 percent rate hike in December, followed by a pause in February. Additionally, he discussed plans for a new version of the Yono app aimed at Jan Dhan account holders.

Dennis Valstad, a resident of Wisconsin, passed away on July 13, 2019, following a stroke. In an unusual move, his will stipulated that $500,000 be distributed amongst his funeral guests. With 267 attendees, the news of this inheritance came as a surprise. Though Valstad was known for his community involvement, the executor also highlighted his isolation. He had a varied career, including roles in dry cleaning and agriculture.

FM Sitharaman linked the government's broader economic priorities -- fiscal consolidation, inflation management and currency stability -- with the need to expand employment and enterprise opportunities, particularly for women, through education, skill development and industry participation.

The ET HR Excellence Awards 2027 honor groundbreaking efforts from organizations, HR professionals, and leaders aimed at improving workplace culture and overall performance. Covering 42 award categories, this prestigious event celebrates excellence in talent acquisition, employee engagement, and HR technology, underscoring the essential role that HR plays in facilitating business transformation.

Hyundai Motor India plans to raise annual production capacity to 1.14 million vehicles by 2030 and increase localisation to 92% by 2032 as it expands its manufacturing base in India. The automaker is also broadening its SUV and powertrain portfolio, with more CNG, electric and hybrid offerings, including a mass-market compact electric SUV later this fiscal.

John Abraham has been appointed as a strategic advisor to the Indian Superbike League for its establishment. The league will combine professional motorcycle racing with entertainment and motorcycle culture in India. ISBL is sanctioned by the Federation of Motor Sports Clubs of India and will feature various competitive categories. The league aims to create opportunities for young riders and a sustainable motorsport ecosystem.

Myntra's Big Fashion Festival resulted in nearly double the order volumes compared to regular business days. New customer additions from non-metro markets rose 74% during the festival period. Additionally, visits increased by 25% compared with the last edition of the event. The festival significantly boosted sales for many sellers on the platform, with one in four sellers doubling their sales.

India is expected to extend the 11% customs duty exemption on cotton imports until the end of December to ease supply shortages, lower domestic prices and reduce costs for textile mills. Domestic cotton prices have remained firm amid lower crop prospects, with output estimated below 29 million bales in 2026-27 against demand exceeding 34 million bales.

Maharashtra Chief Minister Devendra Fadnavis said the India Jewellery Park in Mahape, Navi Mumbai, is planned with an investment of around 50,000 crore and is expected to generate one lakh jobs. Developed under the Gem and Jewellery Export Promotion Council, the facility aims to strengthen Indias global position in the sector.

TRAI has recommended a light-touch regulatory framework for application-based linear TV distribution services, proposing a one-time entry fee of 1 lakh, a processing fee of 10,000 and an initial authorisation valid for 20 years.

Rashmika Mandanna has now publicly addressed doubts regarding her relationship with Vijay Deverakonda. After their appearance on Koffee With Karan Season 9, the couple faced brutal criticism over discussions about their marriage. In a lengthy social media post, she chose to defend their choices against online critics. Rashmika said that she would choose Vijay again and again without hesitation.

Rashmika Mandanna has now publicly addressed doubts regarding her relationship with Vijay Deverakonda. After their appearance on Koffee With Karan Season 9, the couple faced brutal criticism over discussions about their marriage. In a lengthy social media post, she chose to defend their choices against online critics. Rashmika said that she would choose Vijay again and again without hesitation.

SBI chairman CS Setty expects higher interest rates to moderate credit demand in rate-sensitive sectors, particularly discretionary spending. The bank forecasts another 50 basis points repo rate hike in December, followed by a pause. Setty said he sees no system-level concerns over retail asset quality, though highly leveraged households may face pressure.

Prime Minister Narendra Modi congratulated Brazilian President Luiz Inacio Lula da Silva on his re-election, pledging to deepen the India-Brazil Strategic Partnership. Bilateral trade rose 25% to $15.21 billion in 2025, with Lula setting a target of $30 billion.