The Economic Times

Banks are deploying surplus liquidity through new mortgage products. HSBC and Kotak Mahindra Bank lead with semi-fixed home loan options. These products offer fixed rates for a period before switching. This strategy aims to protect lending margins amid interest rate uncertainty. Surplus funds are also being considered for government securities.

SpiceJet is leasing twenty aircraft to boost its flying capacity for the upcoming winter travel season. These leased planes, a mix of Boeing and Airbus models, will arrive by mid-November. The airline aims to operate around two hundred daily flights during this busy period. This expansion will also support peak travel demand expected next year. The leased aircraft offer a quicker way to increase capacity without outright purchases.

Indian drugmakers oppose a proposal making them solely liable for medicine overpricing. This regulatory move exempts retail chemists, hospitals, and nursing homes from penalties. Pharmaceutical groups argue this unfairly burdens manufacturers already following pricing rules. Retail chemists, however, welcome the safeguards for their members. Manufacturers believe accountability should extend to those setting the final patient price.

Public sector banks gained significant lending headroom after liquidity requirement relaxation. This allows them to sustain credit growth while deposit mobilisation remains relatively weak. Excess investment buffers could support incremental loan growth on their substantial loan books. Banks can now free up funds tied up in government bonds for lending. This improvement is visible at some of the largest state-owned lenders.

The Indian entertainment industry is witnessing a surge in celebrities curating non-fiction series that revolve around their public identities. This trend smartly tackles the challenge of fleeting audience attention and the saturation of content. By teaming up with creators, these stars develop compelling intellectual properties that attract advertisers looking for budget-friendly brand partnerships.

India's food regulator is planning stricter rules for healthier food options. Analogue paneer may soon face a nationwide ban as states already restrict it. The authority is also proposing rules for food sales near schools. Quick-commerce platforms will soon display product dates more prominently. These measures aim to promote safer and more nutritious food choices.

India plans to launch Bharat NCAP 2 from October 2027 for comprehensive vehicle safety.This new program will evaluate the entire safety chain of vehicles manufactured in India.Bharat NCAP, launched in 2023, already provides star ratings for passenger car safety.Vehicle testing costs in India are significantly lower than global standards.New systems will penalise repeat traffic violations and reward responsible driving behavior.

Advocating for dual GDP series, former chief statistician Pronab Sen argues that accurate double deflation is contingent upon extensive data on input and output prices. Following India's introduction of a new GDP series, unease surrounding the growth figures and protocols for the back series has surfaced, leading to an expected release from the NSO by December 2026.

Commerce minister Piyush Goyal invited global automobile companies to manufacture in India. He urged them to use India as a base to serve global markets. Goyal cautioned automakers about lack sheep not increasing localisation efforts. He stated that company-wise import and export data is being monitored. Leaders will attend the BRICS Leaders' Summit in India next week.

India and Belgium agreed to expand their partnership in defence and trade. Cooperation in defence and security is a key pillar of their relationship. Both nations will enhance military exchanges and training cooperation between them. They also agreed to strengthen intelligence sharing and cooperation against crime. Belgium conveyed solidarity with India in the fight against terrorism.

In response to escalating energy demands, the government is augmenting coal supplies from both captive mines and Coal India subsidiaries. This initiative aims to alleviate the concerning depletion of coal stockpiles at several power plants. Coal companies are being prompted to enhance their loading efficiency, while ongoing meetings will streamline coal production and logistics to maintain an uninterrupted supply flow to the power sector.

India remains the world's fastest-growing major economy, achieving 7.8% growth in Q1 FY27. The finance minister highlighted government focus on capital assets and MSME credit availability. Reforms like the Insolvency and Bankruptcy Code ensure regulatory certainty for businesses. India's investment climate has improved significantly, attracting greater investor interest. These efforts align with the national vision for Viksit Bharat 2047.

Andhra Pradesh is seeking HD Hyundai Heavy Industries for a new shipbuilding cluster. The state offers the Kakinada port for this proposed $4 billion investment. HD Hyundai Heavy Industries previously signed an agreement with Tamil Nadu for a similar project. This initiative aligns with the Centre's Shipbuilding Financial Assistance Scheme. The scheme received approval in September 2025 for development.

The services sector in India showed an uptick in August, spurred by increased business and consumer demand. However, this expansion was only the second-slowest since March 2022. Meanwhile, manufacturing faced challenges, hitting a five-year low. Composite growth remained steady, as services balanced out manufacturing's dip. Nevertheless, confidence among businesses for the upcoming year remained below typical levels.

Prime Minister Modi urged the Indian auto industry to innovate for Viksit Bharat by 2047. Adviser Tarun Kapoor stressed accelerating the electric mobility transition for energy security. He warned of increasing restrictions on four-wheelers, especially in urban areas. Government reforms and incentives are boosting domestic manufacturing capabilities and EV adoption. Industry must prepare for eventual tapering of subsidies and policy changes.

City gas distributor Think Gas urges a thirty percent reduction in LNG terminal usage charges. High regasification and truck loading fees currently hinder third-party LNG terminal use. The company also highlighted unreasonable boil-off gas charges imposed by terminal operators. These costs artificially inflate prices and impede natural gas market growth. Think Gas seeks moderation of charges for the proposed Indian Gas Exchange platform.

India is set to wrap up its trade negotiations with the United States shortly. A crucial aspect of this deal includes securing preferential tariffs to outperform its rivals. The minister emphasized that the accord will not undermine any Indian sensitivities. Meanwhile, India is also engaging in discussions for trade agreements with multiple countries to boost the international availability of Indian products.

Cohance Lifesciences announced an eighteen million dollar investment to strengthen its antibody-drug conjugate strategy. This includes thirteen million dollars for NJ Bio, increasing Cohance's ownership to sixty-seven point three percent. An additional five million dollars will give Cohance a sixty-five percent stake in Aruka Bio. These transactions aim to integrate NJ Bio's services with Cohance's manufacturing capabilities. Completion of these strategic investments is expected by September twe

The popular idea of trees sending messages to one another through a forest is fascinating, but scientists caution against oversimplifying the process. VOC signalling can vary widely depending on the plant species, environmental conditions, chemical concentration, wind patterns and the specific properties of the compounds involved.

Thirteen-year-old Myreen Ahsan is at the forefront of innovation, delving into the realms of advanced AI tools to aid brain cancer research. Focusing on glioblastoma, she utilizes RNA-based aptamers to selectively target malignant cells. Through self-learning and persistence, Myreen has successfully presented her findings at a university symposium, aspiring to spark further medical breakthroughs and inspire her peers in scientific inquiry.

The quote of the day by Jenna DewanTheres a reason women are pregnant for nine months; by the end, youre ready to have this baby explores theStep Upstars thoughtful perspective on pregnancy, motherhood and the way time prepares us for lifes biggest changes. Her words offer a powerful reminder about patience, personal growth and embracing new beginnings.

United Breweries Ltd sees India as central to Heineken's growth agenda. The Indian market is experiencing rising premiumisation and offers significant expansion opportunities. Heineken NV plans to expand Ebitda margins in India over the medium term. The company highlights its strong brand portfolio and 100 percent localisation of requirements. State-level reforms are accelerating category growth and creating attractive opportunities.

Quote of the day by Lily Tomlin: American actress Lily Tomlin shared a quote about the challenge of staying relevant. She noted that finding interesting or funny commentary on current events is difficult. This reflects the unpredictable nature of creativity and the role of serendipity. Tomlin, known for Laugh-In and Grace and Frankie, has a celebrated career.

Sai Kiran Bhagavatula left his IT career to launch Wildlife Whisperers in 2023. This venture teaches corporate lessons by observing animal behaviour and ecosystems. His programs combine wilderness experiences with learning and behavioural science principles. The bootstrapped company generated eighty lakh rupees in revenue during its first year. This unconventional career path demonstrates that lessons can emerge from unexpected sources.

Union Minister Shivraj Singh Chouhan urged banks to expedite loan approvals for rural women entrepreneurs. He directed officials to enhance training and establish a helpline for Self-Help Group members. The government aims to provide ten lakh crore rupees in loans over five years. This initiative seeks to empower women and foster economic development across India. Discussions will inform the Financial Inclusion 2.0 agenda for better credit access.

Hanuman Ansh has become an unexpected blockbuster this year, made on an unbelievably low budget of merely Rs 1.7 crore. The film, which follows the life story of Indian ascetic and guru Neem Karoli Baba, is now on its way to cross Rs 70 crore across India. The director recently requested Virat Kohli and his wife, Anushka, to watch the film.

SpiceJet is seeking funds through the Emergency Credit Line Guarantee Scheme. The government is pushing the airline to increase its operational capacity. Discussions are ongoing regarding SpiceJet's financial and operational challenges. The Civil Aviation Minister confirmed these interactions with the airline. The government monitors airfares and has an ATF price stabilisation scheme.

French retailer Carrefour eyes acquisitions to rapidly expand its Indian presence. The company plans to open fifty stores within three years through its partnership. Carrefour is abandoning its large hypermarket model for smaller, more productive formats. It will also focus on competitive pricing and rebuilding its product assortment. India is also seen as a potential global sourcing base for Carrefour's operations.

Deleting photos in Google Photos can remove them from your device and other synced devices. Users should use the 'Free up space' option to reclaim phone storage safely. The 'Delete from device' command removes individual photos from the phone while keeping cloud backups. Backed-up items remain in Trash for sixty days, offering recovery time. Understanding these distinct commands protects years of cherished photographs.

India aims for one trillion dollars in exports this year, seeking automotive industry growth. The government encourages companies to increase local production and pursue international markets. Automakers must reduce import dependence and strengthen domestic supply chains for critical components. New trade agreements and global partnerships will help expand the industry's presence. Investment in research and development will support manufacturing capacity for future mobility needs.

Higher FCNR(B) inflows are complicating the Reserve Bank's liquidity management. The banking system currently holds excess liquidity at a four-year high. Economists anticipate the RBI will deploy additional tools to absorb surplus funds. These measures may include variable rate reverse repo operations and incremental CRR hikes. Forex reserves have reached a record high of USD 729.3 billion.

Maharashtra aims to make Mumbai slum-free within the next decade. The state is pushing for 10,000 homes in Dharavi by January 2029. Redevelopment of BEST bus depots will create mixed-use urban spaces. Mumbai 3.0 expansion includes new smart cities and an offshore airport. These projects will reshape the region's economic landscape and growth.

Automakers anticipate implementing calibrated price increases in upcoming months. High commodity costs are exerting pressure on manufacturer profit margins. The auto industry is preparing for a greater push towards electrification of mobility. A multi-fuel pathway including diesel and hydrogen is also highlighted. Pricing actions will be undertaken wisely to avoid market disruption.

The Terminator film remains a significant science-fiction landmark after forty-two years. This James Cameron directed movie launched Arnold Schwarzenegger into stardom and a franchise. Rotten Tomatoes still ranks the film highly among essential science-fiction movies. Its lean thriller style and precise storytelling contribute to its lasting appeal. The movie's influence continues to resonate with new audiences today.

India's central bank secured record diaspora funds, exceeding projections significantly. This fundraising effort may incur substantial costs for the Reserve Bank of India. The RBI agreed to shield banks from currency risks on these foreign deposits. These operations could cost up to 1.2 trillion rupees over five years. The central bank aims to manage these fiscal implications through careful investment strategies.

India has the potential to save as much as USD 125 billion every year by 2050 through a swift transition to electric vehicles. The savings from reduced import costs significantly eclipse battery costs. Accelerating the shift towards electrification mitigates the impact of global crude oil price volatility and boosts self-sufficiency.

Airbus anticipates delivering over 1,200 aircraft to India within the next ten years. This significant order will support the nation's expanding aviation sector and its growth. The company is enhancing its maintenance and repair capabilities within India. A new radome repair facility is being established in Nagpur for South Asia. These developments aim to improve aircraft turnaround times and local aviation ecosystem.

India and Belgium agreed to expand defense cooperation and signed several pacts. Key drivers for bolstering ties include trade, critical minerals, and high technologies. The two nations inked five agreements, aiming to double bilateral trade within five years. They also established a mechanism to promote Belgian investments in India. Cooperation will strengthen in renewable energy, semiconductors, and combating transnational crime.

Urban residents are using plants on balconies to repel mosquitoes. Fragrant herbs and flowers are being adopted for their natural repellent properties. Experts emphasise that these plants are an additional barrier, not a sole solution. Integrated vector control remains the primary strategy for dengue prevention. Community workshops are teaching residents about these green shield gardening practices.

Kenyan President William Ruto has ordered Tata Chemicals to stop its operations in Kenya. The President stated the company's presence failed to deliver sufficient benefits to the nation. He announced two new companies will take over the existing operations. Ruto criticized the company for a century-long contract without local factory development. New firms will establish glass and chemical manufacturing facilities in Kajiado.

Decades before Sundar Pichai became the CEO of Google, he was a student at IIT Kharagpur. Thats where he met his now-wife, Anjali Haryani. On his alma maters 75th anniversary, Pichai sent a message to his old campus and reminisced about his days as a student and his love story with Anjali.

According to Pranav Adani, Maharashtra and Mumbai represent two of India's most incredible success stories. The state is crucial in both funding and shaping India's ambitious growth trajectory. Investors are keen to contribute to governance, connectivity, and the enhancement of human capabilities. The Adani Group intends to create interconnected districts surrounding Mumbai and Navi Mumbai airports. The Dharavi redevelopment project aims to sustain local jobs while transforming the community's e

Union Minister Sarbananda Sonowal reviewed green shipping initiatives at TERI's Gwal Pahari campus. He emphasized the ministry's priority on decarbonizing the maritime sector. Ports are preparing for alternative fuels and cleaner maritime trade routes. Initiatives include green fuel bunkering hubs and shore power facilities. India aims to lead in the global shift towards green shipping.

In an ambitious move, Aditya Birla Group has unveiled Ultravolt, a new enterprise dedicated to wires and cables. The company seeks to establish itself as a top contender within five years, utilizing the extensive distribution reach of UltraTech Cement. This launch responds to India's growing needs in the construction and electrification sectors, signaling a pivotal shift towards more structured players in the marketplace.

Aditya Birla Group has launched its Ultravolt wires and cables business with a significant investment. The company aims to become a top two player in the market within five years. Urbanization, electrification, and digitization are expected to drive demand for these products. The group will leverage its brand, capital, and understanding of adjacent ecosystems. Dealer relationships and brand trust will be key differentiators for Ultravolt's success.

French retailer Carrefour has re-entered India through a partnership with Apparel Group. The company plans to open multiple stores across Delhi-NCR in the coming months. They will also expand into the western region by next summer. Carrefour is open to acquisitions to accelerate its growth strategy. The focus remains on profitable expansion and building a strong supply chain.

Ceigall India has received a letter of intent for a major transmission system project. This project, valued at Rs 5,300 crore, will be developed in Gujarat. It involves building a substation and transmission lines to evacuate renewable energy. The company will receive annual charges for thirty-five years after execution. This development supports Gujarat's critical power transmission infrastructure needs.

The ASUS Pad makes a comeback in India, showcasing a stunning premium display and a sleek, lightweight design. Its outstanding OLED panel enhances your entertainment experience. Yet, the device is powered by a mid-range processor, which may restrict demanding creative tasks. ASUS hasn't provided clarity on future software updates. While it's excellent for binge-watching, competing devices bring more processing power to the table.