The Economic Times

A potential US diesel export ban could worsen an already tight global fuel market by removing about 1.2 million barrels a day of supply at a time when Middle Eastern, Russian and Chinese exports are constrained. Europe would be particularly exposed, while India could gain export opportunities for its refiners but also face higher crude and domestic fuel costs as global buyers compete for scarce diesel.

Andhra Pradeshs commercial tax collections rose 18% year-on-year to Rs 30,435.98 crore during April-September 2026, with September recording the highest monthly collection so far. Net GST collections increased 18% to Rs 19,635.49 crore in the first half of FY 2026-27, while September net GST rose 14.10%. The state attributed the growth to stronger compliance, enforcement, economic activity and technology-led tax monitoring.

Shyam Metalics and Energy has signed an agreement with the Maharashtra government for a significant investment. This investment will establish a greenfield steel complex in Chandrapur with a capacity of 9 million metric tonnes per year. The project is expected to create approximately 30,000 jobs, which includes both direct and indirect employment. Operations for the new steel plant are anticipated to commence in the ongoing financial year, pending necessary approvals.

China's recent export restrictions on oil products have affected several major importers in Southeast Asia and Australia. Singapore has seen a significant drop in gasoline imports from China this year, while Australia remains a key destination for jet fuel imports. The situation has led to increased pricing pressures as Asian refiners respond to tighter supplies. Local authorities in Australia affirm that current fuel stock levels are adequate despite these changes.

Ladakh has launched a pilot to grow high-value saffron on restored barren land in Leh, planting about 90,000 Iranian saffron corms across 4,000 square metres at Spituk Pharka. If successful, the project could diversify cold-desert agriculture and create a new income source for local farmers, youth and self-help groups.

Amazon has recently expanded its ultra-fast delivery service, Amazon Now, to more than 120 cities in India. This expansion aims to enhance its delivery network ahead of the upcoming festive season. The service now offers a wide range of products, fulfilling orders through nearly 800 fulfilment centres nationwide. Customers can access special deals during the Amazon Great Indian Festival, beginning October 8.

The Railway Recruitment Board (RRB) has released the ALP CBT-2 Result 2026 for candidates who appeared for the Assistant Loco Pilot examination held on July 28. Candidates can check the merit list and zone-wise cut-off marks on their respective RRB regional websites. Those who qualify will appear for the Computer-Based Aptitude Test (CBAT) scheduled for October 30, while the scorecard download facility will remain available until October 16.

Michelle Obama has urged women to make self-discovery a priority, saying their first job in life is to know themselves. Speaking to Oprah Winfrey, the former First Lady discussed self-worth, societal expectations and the pressure to please others. She said understanding ones identity helps withstand negative messages and criticism, adding that her upbringing, age and experiences shaped her own strong sense of self.

Nike Inc plans to open a new campus in Bengaluru by FY28 to strengthen its operations in India. This campus will be crucial for supporting Nike, Jordan, and Converse brands. The decision is part of Nike's broader strategy to enhance global growth and manufacturing capabilities. The location of the campus will be disclosed next calendar year.

West Bengal has reintroduced a tigress into Buxa Tiger Reserve after translocating it from Bihars Valmiki Tiger Reserve, with three more tigers expected to be brought in over the next two months. The wider programme aims to rebuild a viable tiger population by improving prey availability, habitats and wildlife corridors while reducing human-wildlife conflict.

Manchester City is set to file an appeal against the findings of financial misconduct by a deadline. The club denies the allegations and claims to possess evidence that exonerates them. They will argue that sponsorship deals were partly funded by the Abu Dhabi government. Meanwhile, there may be further legal implications involving rival clubs and players seeking compensation.

Rap star Rick Ross was recently arrested after he was charged with domestic abuse by a woman who was living with him, who alleged he tried to strangle her after hitting her multiple times. This arrest comes days after model Jazzma Kendrick claimed on her Instagram Stories that he hit her and gave her a busted lip.

Sri Krishna Janmasthan Sewa Sansthan will use a computerized machine to check metal donation purity starting from Navratri. This machine can test for 20 metals without altering the original form of donations. Donors will receive a purity report when making their contributions, which will require their signatures. The counting of donations will also be recorded under CCTV surveillance for increased transparency.

Airbus's aircraft deliveries in September were reported to be around 72, close to last year's total of 73. Industry experts had estimated deliveries to be in the mid to high 60s range. This increase follows concerns about delays from various industrial issues affecting production. Commercial CEO Lars Wagner expressed confidence in meeting the full-year delivery target of around 870 jets.

After a long wait, Drishyam 3: The Conclusion finally arrived in theatres today (October 2). Directed by Abhishek Pathak, the film stars Ajay Devgn, Tabu, Jaideep Ahlawat and more in key roles. Here are the seven reasons why everyone should watch this movie in theatres.

For the past twenty years, the production of nickels has been unprofitable, with costs surpassing their actual value. Increasing metal prices have intensified these production challenges. The U.S. Mint continues to manufacture nickels to meet the ongoing demand from different industries, despite the losses incurred. Although alternative materials have been investigated, none have proven effective so far. To sustain economic stability, the Mint manages its coin circulation program holistically.

Bathroom fixtures can lose their luster due to mineral deposits and hard water issues. To revamp their appearance, a simple vinegar cleaning solution can work wonders. Use a gentle toothbrush for those tricky spots and steer clear of harsh scrubbing. Remember to dry taps after cleaning to prevent any new stains from forming. Always consult care guidelines specific to your fixtures' materials and finishes for best results.

Piyush Goyal said India does not have structural excess manufacturing capacity in sectors identified by the G20, arguing that Indian production caters to both domestic and global demand. Speaking at the G20 Trade Ministers' Meeting in the US, Goyal also stressed WTO rules, supply-chain diversification, forced labour concerns and the need to preserve policy space for developing economies.

India vs Brazil: Brazil coach Carlo Ancelotti said Brazil have full respect for India ahead of their Kolkata clash, describing the match as an opportunity rather than a test. The five-time Champions League-winning manager said Brazil are blending youth and experience while rebuilding after their 2026 World Cup disappointment. Ancelotti stressed commitment, quality and joy as Brazil's identity.

Berrys ex-husband, Martinez, accused her of physically abusing their 12-year-old son and choking him during an argument at her home. Berry has denied the allegations through her lawyer. A judge has since granted Martinez a temporary restraining order and also ordered Berry to stay 100 yards away from Martinez.

In 1991, Gordon and Betty Moore acquired Mountain Meadow, a historic estate nestled in Woodside, California. They dedicated significant resources to restoring its original charm while ensuring the landscape's natural beauty was upheld. After their passing in 2023, a conservation easement was established to protect the property. Rich with a 250-year legacy, future stewards will honor the estate's unique character without succumbing to development pressures.

Nushrratt Bharuccha has suffered a spinal fracture following an accident in Bali, where she was on a work-cum-holiday trip. Her publicist said the actor is hospitalised and under medical observation in Bali. Arrangements are being made to bring her to Mumbai by air ambulance, where she will undergo spine surgery after further evaluation by doctors.

Oprah Winfrey has shared four books for a holiday weekend, reflecting her belief that reading can offer escape, perspective and a way to articulate difficult emotions. Her picks include Leila Slimanis unsettling psychological tale The Perfect Nanny, Shoba Narayans Bengaluru-set The Milk Lady of Bangalore, Hanne Orstaviks tense Norwegian novel Love and Danielle Lazarins Back Talk, which explores womens desires, relationships, grief and emotional boundaries.

The government has extended the RoDTEP scheme until December 31, 2026, to support exporters amid challenges. This extension maintains the existing reimbursement rates and value caps for various export units. The RoDTEP scheme reimburses taxes and duties that are not refunded through other means, helping ease export costs. It has already covered over 10,700 tariff lines, with substantial disbursements made.

Bethlehem Kudumba Unit, featuring Nivin Pauly and Mamitha Baiju, recently made its digital debut after its successful theatrical run. This Malayalam romantic comedy surpassed Rs 300 crore at the box office, making it the highest-grossing Malayalam film. Released during the Onam season, the film was released in multiple languages, reaching wider audiences beyond Kerala. Read on!

Rapper Rick Ross, 50, was arrested in Miami Beach and faces battery charges following allegations by a woman he was living with. His attorney, Steve Sadow, called him wrongfully accused, while Ross pleaded not guilty. Separately, Ross reportedly has a $180 million net worth and owns the 109-room Promise Land estate in Georgia, once owned by Evander Holyfield. The 45,000-square-foot property includes 12 bedrooms, 21 bathrooms, a huge pool and extensive grounds.

The Securities and Exchange Board of India (SEBI) has told the Bombay High Court that its examination of complaints concerning the fit and proper status of persons associated with Embassy Office Parks REIT was completed after the regulatory framework was amended in April 2026, and that the material available did not warrant disqualification under the amended provisions.

SBI Research forecasts a rise in CPI inflation to around 5.65 percent in September. They expect it to exceed 6.5 percent during October and November. Inflationary pressures have broadened significantly since the last monetary policy meeting. Additionally, the weakening rupee poses further risks to economic stability. The Reserve Bank of India may adjust its GDP growth and inflation projections during the upcoming policy review.

The Department of Commerce announced an extension of timelines under Component II of RELIEF - Resilience & Logistics Intervention for Export Facilitation, which is government a measure dedicated to protect Indian exporters affected by extraordinary freight escalation. It would provide 95% risk coverage to exporters who obtain ECGC cover for upcoming shipments to the specified regions for certain cargo types.

India's tourism industry could face a shortage of around 11 million workers by 2035 as demand for trained professionals struggles to keep pace with expanding hotels and emerging tourism segments, according to a CBRE Research report. The report highlighted gaps in specialised skills, worker retention and training capacity, particularly in tier-II and tier-III cities.

Drishyam 3: The Conclusion, starring Ajay Devgn, has captured the attention of both audiences and critics. On its debut day, the film raked in an impressive Rs 18.51 crore net in India and it is updating live. Advance ticket sales are robust, exceeding Rs 51 crore, and forecasts suggest a strong continuation of this momentum through the weekend. Read on!

A 35-year-old passenger was deboarded from a flight at Rajiv Gandhi International Airport in Hyderabad. The incident occurred as the flight was preparing for take-off to Kadapa on Thursday. While adjusting his seat, the passenger unintentionally touched the emergency exit door handle, activating the sensor alarm. The airline staff then deboarded him, and police were contacted to investigate the matter.

Gypsy Rose Blanchard is mourning the loss of her boyfriend, Ken Urker, who tragically passed away on his birthday, October 1. An investigation into the cause of his death is underway, and Blanchard is grappling with the uncertainty of whether his overdose was deliberate or accidental. She emphasizes the toll of cyberbullying on Urker, advocating for compassion towards individuals facing such challenges.

Old sarees hold potential beyond their original use, providing a trove of creative opportunities for home decor and organization. From vibrant cushion covers to elegant table runners, the fabric can breathe new life into any space. Consider crafting reusable bags for efficient storage solutions too. However, evaluating the saree's condition is essential. Choosing intact sections enhances both the final design's resilience and visual charm.

Global mergers and acquisitions activity saw a notable decline in the third quarter, totaling $993 billion. This figure marks a 41% decrease compared to the previous quarter, falling below $1 trillion. Despite this dip, worldwide M&A is up 28% year-to-date, reaching $3.9 trillion, the highest since 2001. Asia Pacific M&A experienced growth, totaling $242 billion, boosted by companies seeking strategic acquisitions.

Prime Minister Narendra Modi commended Captain Smit Machchhar for his brave actions during a flight incident. While traveling from Dubai to Tel Aviv, he successfully thwarted an attack by his co-pilot. Captain Machchhar is recovering in a UAE hospital, where he is stable and in good spirits. Video footage has emerged showing the chaos aboard the flight following the attack.

Suzuki Motor has requested Indian suppliers to implement a maintenance break for one day each week. This strategy aims to improve quality and prevent unscheduled production stoppages as output is expanded. Suppliers must sign declarations confirming that production lines will not operate continuously seven days a week. Amid rising demand in the domestic market, the company plans to boost car production to meet future targets.

X-Men star Halle Berry has been accused by former husband, Olivier Martinez, of physically abusing their son, Maceo. The French star claimed the actress attempted to choke the 12-year-old boy. Martinez has been granted a temporary restraining order against the actress, which also covers their son. The pair, who got married in 2013, finalised their divorce in 2016.

The Centre has formally identified 28 strategic places and geographical features in Ladakh on the official Survey of India map, including Gogra and Hot Spring, which were friction points during the 2020 India-China border standoff. The move, carried out in consultation with the Ladakh administration, aims to standardise place and feature names, improve identification and promote public awareness of the sensitive border region.

Chinese construction at Antelope Reef is well underway, aiming to develop a significant military runway. Analysts project its completion by mid-2027, which would strengthen Beijing's military presence in the South China Sea. Satellite imagery reveals extensive ongoing work including grading and compacting the runway foundation. The base could significantly extend the range of Chinese naval and military operations in the region.

Foreign currency non-resident inflows have significantly bolstered rupee stability and India's balance of payments. However, the current support from these inflows may not suffice for long-term external stability. Foreign institutional investor flows are crucial for maintaining economic balance as the support from FCNR is absorbed. India's goods deficit has reached a decade-high despite continuous support from services exports and remittances.

Adani Ports and Special Economic Zone Ltd reported that cargo handling rose in September 2026. The company handled 46 million metric tonnes, marking an 11% increase over the previous year. Container cargo contributed to this growth with a 15% year-on-year rise. However, logistics rail volume experienced a decrease in the first half of FY27. This was despite a 3% increase in September for rail volumes.

India's Commerce Minister Piyush Goyal is actively engaged in negotiations for several trade agreements at the G20 meeting. Talks with the US include an interim pact and finalizing issues for a broader agreement. Discussions with Canada aim to conclude a Comprehensive Economic Partnership Agreement by the end of 2026. Existing trade agreements with the UK and Australia are also under review for their implementation and effectiveness.

Bengaluru techie Shivank Goel shared how living alone helped him discover and accept his default settings. He revealed that he used to frantically clean his apartment before friends visited, hiding laundry and washing mugs. He eventually stopped preparing for guests, only for friends to call out his messiness and quirky habits. The experience taught him that independence also means meeting yourself honestly, accepting your habits and making space for solitude.