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The Economic Times

Economy / The Economic Times

Despite global tensions, Indias business sentiment rebounds in Q2 FY27: NCAER

India's Business Confidence Index has risen to 107.8 in the second quarter of this fiscal year. The survey included 502 companies across six major cities, reflecting both large firms and MSMEs. All four key parameters evaluated by the index showed gains when compared to the previous quarter. NCAER indicated that confidence improved in expectations of economic conditions and financial health.

23 Oct 2026 5:35 pm
Yashasvi Jaiswals Rs 5.38 crore Mumbai home blends zen vibes with European charm. Inside the 1,500 sq ft property with ocean-inspired walls and marble accents

Yashasvi Jaiswal, originally from Uttar Pradesh, moved to Mumbai to pursue his cricketing dreams. He now resides in a luxurious 1500 sq feet apartment that is a blend of modern and vintage design. The interior features a deep blue entrance passage and a marble center table that reflects sophistication. Yashasvi's home embodies minimalism with ample natural light and carefully placed art.

23 Oct 2026 5:18 pm
Indias forex reserves fall $5 billion to $721.02 billion as of October 16

India's foreign exchange reserves fell by $5 billion to reach $721.02 billion for the week ending October 16. Previously, reserves declined by $8.578 billion to an amount of $726.027 billion. The decline in reserves reflects ongoing economic conditions impacting forex stability within the country. This trend indicates a continued volatility in India's foreign exchange market and its implications for the economy.

23 Oct 2026 5:07 pm
Real-time payments explained: How money moves between bank accounts in seconds

Real-time payments allow money to move between bank accounts within seconds, making transactions faster and more convenient for consumers and businesses. In India, systems such as UPI and IMPS enable instant transfers, while RTGS processes high-value payments in real time. Here is how these systems work, the technology that powers them, their benefits for businesses and customers, and the security challenges.

23 Oct 2026 4:51 pm
KEC International bags new orders worth over Rs 1,000 cr

KEC International has announced that it has secured new orders valued at Rs 1,006 crore. These include orders for a 400 kV transmission line and supply of towers in Oman and the Americas. Additionally, the civil business received a repeat order for constructing a multispeciality hospital in Eastern India. The cables and conductors segment has also secured orders in India and abroad.

23 Oct 2026 4:36 pm
I have lived through everything: Top Gun, Alien actor Tom Skerritt on regrets and his biggest life lesson. How he believes in making every day count

The beloved actor Tom Skerritt has sadly passed away at the age of 93 due to natural causes. His family shared that he was not only a warm and humorous person but also a wellspring of wisdom. He famously stated he never considered retirement and lived without regrets, urging others to embrace each day and to savor life.

23 Oct 2026 4:21 pm
Flexi workspace cos expand solar capacity

Large and listed managed workspace providers are scaling up their green energy efforts by launching their own solar farms in addition to installing rooftop solar panels nationwide.IndiQube has more than 30 megawatt of operational solar capacity and is targeting nearly 30 MW of additional capacity in this financial year, while Table Space has invested in captive solar capacity of about 3.8 MWp across Karnataka and Maharashtra.WeWork India plans to develop a 10 MWp (DC) ground-mounted solar power

23 Oct 2026 4:11 pm
Owaisi preaching in UP what he never practised at home, alleges Congres leader

Congress leader Mohammad Waliullah Sameer has openly criticized Asaduddin Owaisi's political assertions in Uttar Pradesh. He highlighted the AIMIM president's failure to nurture new Muslim leaders within Telangana, pointing out that AIMIM contested a mere nine constituencies out of 119 in the latest elections. Sameer argues that political dominance remains unchallenged, with many Muslims still facing significant difficulties in representation.

23 Oct 2026 4:09 pm
Mallika Sherawats Los Angeles luxurious home has multiple swimming pools, European-style kitchen, separate cottage, vintage furniture and a dedicated gym

Mallika Sherawat's Los Angeles bungalow is a stunning blend of rustic charm and contemporary luxury. It features a beautifully designed kitchen with European accents, an open-plan living space, and multiple swimming pools set amidst lush greenery, creating a serene retreat. Vintage-inspired furniture adds character, while a dedicated gym supports her fitness goals. For socializing, a quaint cottage in the backyard offers a comfortable setting for gatherings with friends.

23 Oct 2026 4:06 pm
King Countys water taxis faced low fare cost recovery in 2023; two routes connect Vashon Island and West Seattle to downtown Seattle

American passenger-only ferries play a crucial role in alleviating traffic congestion and offering a unique commuting option in urban areas. Despite their popularity, many ferry services, like NYC Ferry, face significant financial hurdles, requiring substantial subsidies to stay afloat. This raises ongoing discussions about the balance between providing essential transport alternatives for the public and the sustainability of municipal funding in the face of high operational expenses.

23 Oct 2026 4:05 pm
Govt sets rules for Rs 84,084-cr offshore oil hunt, will share deepwater drilling risk

The Indian government will implement the Samudra Manthan scheme to encourage deepwater oil and gas exploration. Funding will cover part of the drilling costs for exploratory wells to enhance oil reserves. The initiative aims to reduce dependence on imported hydrocarbons while stimulating investment in offshore basins. Shared infrastructure support will also aid in connecting small discoveries for production.

23 Oct 2026 4:04 pm
Australias 1,140-tonne, 79-meter shipwreck gets transformed into the largest floating mangrove forest, creating a haven for marine wildlife

An abandoned ship called the SS Ayrfield in Homebush Bay has become a unique floating forest. Once a coal transport vessel, the ship was left to rust after being sold for demolition. Over time, grey mangrove trees have grown on the vessel, creating a striking visual contrast. Despite its beauty, the area has a history of industrial pollution requiring significant cleanup efforts.

23 Oct 2026 4:02 pm
Indias business owners need to match the global ambitions of Korean and Chinese peers: Gautam Kumra, Chairman of McKinsey's offices in Asia

McKinsey Asia chairman Gautam Kumra discusses why owner-led businesses have outperformed professionally managed and state-owned peers, accounting for $7 trillion of the $14 trillion in market value created by Asias top 300 companies over 25 years. He explains the leadership traits that distinguish founders, succession challenges, AI adoption and why Indian businesses must look beyond domestic markets to build global franchises.

23 Oct 2026 4:00 pm
Driving licences in India may have different colours: Check all changes in plan and why

The Ministry of Road Transport and Highways (MoRTH) has proposed colour-coded driving licences for Indian and foreign nationals, mandatory blood group and emergency contact details, and stricter safe-driving assessments. Draft amendments to the Central Motor Vehicles Rules also propose a 75% passing threshold, free changes to personal details, Aadhaar-based fee waivers for select online services, and a 15-day deadline for licence updates.

23 Oct 2026 3:58 pm
Apples iPhone Duo: A foldable leap with a few creases to iron out

Apple's new foldable smartphone, the iPhone Duo, quickly sold out after its launch in India. The device has experienced software optimization issues and supply challenges, affecting availability for consumers. iPhone Duo's launch price reaches up to 4,49,900, leading to concerns about its camera capabilities. A purchase limit has been established to combat grey-market reselling, creating further scarcity.

23 Oct 2026 3:52 pm
Aamir Khan gets teary-eyed, reveals he felt a deep sense of loss: Have lost relationships

Aamir Khan recently experienced an emotional breakdown at an event in Singapore. The superstar once said that he experienced a chilling epiphany about how he had spent 30 years prioritising his career, and he had failed to be an active presence in his childrens lives, and all of his kids have grown up.

23 Oct 2026 3:50 pm
Ramayana advance booking: Ranbir Kapoor, Yash-starrer eyes Rs 10 crore mark, ticket prices cross Rs 3,000 for opening weekend

Advance ticket sales for Ramayana: Rise of a Legend began on Dussehra, showing strong interest from audiences. As of October 22, early sales figures reached over Rs 8 crore for the opening day. The film will debut on November 5 and is directed by Nitesh Tiwari, featuring a star-studded cast. Major cities like Delhi-NCR and Mumbai are leading in advance sales.

23 Oct 2026 3:47 pm
AT Capital to infuse Rs 10,000 crore in Experion Developers

AT Capital has granted an investment of Rs 10,000 crore to Experion Developers in India. With a portfolio of 12 completed projects and over 3,000 homes delivered, the company plans to invest nearly 60% in land acquisition. While maintaining focus on the NCR, Experion is also looking at opportunities in tier 2 cities, ensuring wellness is embedded in their designs from the outset.

23 Oct 2026 3:41 pm
20 Mass Rapid Transit System stations to get metro-style upgrade in Chennai: MRTS merger MoU likely in November; what passengers can expect

Chennais 20 MRTS stations between Chennai Beach and St Thomas Mount could see improvements in lighting, security and housekeeping by early 2027 as the Tamil Nadu government prepares to take over the networks assets from Southern Railway. The transfer agreement is expected by the end of November. CMRL will eventually manage station facilities, while Southern Railway will continue operating trains for another 24 months.

23 Oct 2026 3:36 pm
NHB appoints forensic auditor for SRG Housing Finance

The National Housing Bank (NHB) has appointed ASA & Associates LLP to conduct a forensic audit of SRG Housing Finance amid allegations of fictitious loan accounts worth 300400 crore, repayment record manipulation and possible fund diversion. The investigation will examine loan disbursements, borrower identities, asset classifications and fund usage, with findings potentially shaping regulatory action and the lenders financial outlook.

23 Oct 2026 3:30 pm
In 2004, Texas sank 152 discarded concrete power poles weighing 1,457 tons in the Gulf; the unusual load became an artificial reef 130 feet underwater

In 2004, an innovative project transformed discarded concrete utility poles into an artificial reef within the Gulf of Mexico. A total of 152 poles were strategically placed to aid marine habitat growth at Matagorda Island-712. By providing surfaces for marine organisms to cling to, this initiative significantly boosts local biodiversity, showcasing the potential of repurposing waste materials. Texas remains committed to establishing artificial reefs that foster thriving marine communities.

23 Oct 2026 3:30 pm
Bajaj Finserv says Deepak Reddy appointed as CEO designate of Bajaj General Insurance

Bajaj General Insurance has appointed Deepak Reddy as CEO designate from January 1, 2027. He will take over as managing director and CEO on April 1, 2027, subject to approval from the Insurance Regulatory and Development Authority of India (IRDAI).

23 Oct 2026 3:28 pm
Petronet LNG, Gruner Renewable float JV to develop CBG plants with Rs 1,200 cr investment

Petronet LNG and Gruner Renewable Energy have formed a 50:50 joint venture to develop compressed biogas plants. This joint venture will involve an estimated investment of Rs 1,200 crore for developing ten plants in India. Each plant is designed to handle 18 metric tonnes of biogas per day, contributing to renewable energy goals. The partnership aims to enhance the commercial viability of the compressed biogas ecosystem in India.

23 Oct 2026 3:26 pm
Dr Reddy's rolls out new generic Ozempic brands amid Obeda supply disruption

Dr Reddys Laboratories has expanded its generic semaglutide portfolio with Obeda Pro and Obeda Plus after supplies of its original Obeda injection were halted in July for technical evaluation. The new brands are manufactured by Hetero Labs, while distributors say the company may discontinue Obeda injectable supplies. Dr Reddys denies a replacement strategy.

23 Oct 2026 3:19 pm
Indias labour survey to soon include platform workers and unpaid household work

India will update its Periodic Labour Force Survey starting January 2027 to enhance data collection. The modified sampling design aims to improve the identification of digital platform workers and unpaid household activities. Additionally, the updated sampling frame will reflect changes in urbanization and administrative boundaries. New questions will capture information on unpaid caregiving and volunteer work. Stakeholders are invited to provide feedback before the new sampling period begins.

23 Oct 2026 3:18 pm
Ankur Warikoo warns about the hidden cost of a promotion: You both said yes, but only one got promoted

Ankur Warikoo has highlighted how one partners promotion can quietly increase the others household responsibilities. While couples celebrate better salaries and career opportunities, spouses may end up handling more school runs, evenings and work adjustments. Warikoo urged couples to discuss these changes beforehand, reminding them that supporting a partners growth should not mean sacrificing their own ambitions.

23 Oct 2026 3:17 pm
Madras High Court quashes criminal proceedings against protesters seeking Tamil as official language

The Madras High Court has quashed criminal proceedings against protestors from Theni who advocated for Tamil. The protest occurred on February 11, 2024, where they demanded Tamil's official recognition in the High Court. Although accused of unlawful assembly and threatening police, the court deemed the proceedings an abuse of legal processes. The court noted the allegations were primarily based on police testimony without other witness support.

23 Oct 2026 3:02 pm
Anilkumar Bolla, Rs 240 crore UAE lottery winner who became a multi-millionaire says the biggest change in his life is being able to spend more time with family

Anilkumar Bolla UAE lottery winner: Indian expat Anilkumar Bolla won the UAE Lotterys Dh100 million jackpot in October 2025. A year later, he has bought property in India and the UAE, gifted gold jewellery to his mother and farmland to his father, and begun exploring business opportunities. He says spending quality time with family is now his biggest reward.

23 Oct 2026 3:00 pm
In 2019, Purdue began growing corn and soybeans around solar panels in Indiana; after 4 years, even the most shaded corn plots lost only 7.7 percent of their yield

Purdue University researchers have been examining how solar panels affect crop production since 2019, particularly focusing on corn and soybeans, two key crops in America. Their experiments show that significant crop yields are still possible despite shading from solar arrays. The study aims to refine solar panel designs that provide energy while also benefiting agriculture, paving the way for solar energy to support irrigation and farming operations.

23 Oct 2026 3:00 pm
Bomb threat note in Kolkata airport toilet triggers search; no flight disruption

A bomb threat note was found at Netaji Subhas Chandra Bose International Airport on Friday morning. The note was discovered in a women's toilet by a cleaning staff member, who alerted authorities promptly. Security personnel, including the bomb squad and CISF, conducted extensive searches around boarding gate number 30. There was no disruption to flight operations during this incident, which raised security concerns.

23 Oct 2026 2:58 pm
YouTube partners with IIFA for global streaming of 2027 awards; ZEE remains broadcast partner

YouTube has partnered with IIFA to stream the 2027 awards worldwide, while Zee Entertainment Enterprises remains the events official broadcast partner. The collaboration will extend beyond the ceremony to include creator partnerships, digital watch parties, behind-the-scenes content and other programming during IIFA Week, connecting film stars with digital creators and global audiences.

23 Oct 2026 2:51 pm
2nd Ind-NZ T20I: Pressure mounts on visiting bowlers at batting-friendly Christchurch

India aims to improve their bowling performance in the second T20 International against New Zealand on Saturday. The absence of Hardik Pandya has left a gap in the all-rounder department, leading to concerns. India's batters had previously saved the team with a record chase, highlighting ongoing bowling issues. New Zealand will try to contain India's strong top-order to challenge them during the match.

23 Oct 2026 2:49 pm
Saif Ali Khan sells 797 sq ft Bandra West apartment with two parking spaces for Rs 4.11 crore

Saif Ali Khan has sold a 797 sq ft apartment in Bandra West, Mumbai, for Rs 4.11 crore, along with two open parking spaces, according to property registration documents accessed by CRE Matrix. In a separate deal, the actor has leased two commercial units on Andheri Kurla Road to Durva Fintech Private Limited for Rs 22.76 lakh per month. The actor also owns a family home in Satguru Sharan and previously purchased an apartment in Fortune Heights, Bandra.

23 Oct 2026 2:40 pm
Mozambique eyes India partnership to boost agro-processing, expand rice trade across Southern Africa

Mozambique is set to elevate its agricultural collaboration with India, tapping into mutual strengths in agro-processing. Secretary Antonio Do Rosario Grispos emphasized that India's rice imports are crucial for ensuring food security in Mozambique. This partnership aims to enhance trade routes via Mozambique's ports, fostering regional commerce and agricultural growth while strengthening historical ties with India as a strategic ally.

23 Oct 2026 2:40 pm
Vikram Solar to roll out first cells from 9 GW Tamil Nadu facility in December 2026

Vikram Solars 9 GW N-type TOPCon solar cell manufacturing facility in Gangaikondan, Tamil Nadu, is on track to begin production in December 2026. The plant will be commissioned in phases, reduce the companys dependence on imported cells and advance its integration roadmap towards domestic manufacturing from ingots and wafers to finished modules.

23 Oct 2026 2:39 pm
India must shift from rice volume to value, says Food Processing Minister Chirag Paswan

India has progressed in rice production and is now focusing on value addition and food processing. Food Processing Industries Minister Chirag Paswan outlined the need for improved quality and sustainability in the rice value chain. The government aims to enhance rice exports while promoting innovation in processing technologies. Strengthening agricultural links to industry is essential for achieving rural prosperity and increasing farmer incomes.

23 Oct 2026 2:30 pm
France braces for new protests as Macron seeks to restore order

France is bracing for fresh protests after a week marked by urban unrest during previous demonstrations. President Macron is set to convene with security officials and high school representatives to tackle these persistent issues. In response to escalating tensions and the impending presidential elections, certain cities have enacted protest bans for public safety. New polls show far-right candidate Marine Le Pen gaining a significant lead as elections approach.

23 Oct 2026 2:25 pm
Hyundai Bayon to launch in India on Oct 26

Hyundai Motor India is set to launch the latest carmodel Bayon in India on October 26, with bookings for the SUV open at Rs 11,000 through the companys website and authorised dealerships.The automaker has yet to announce the Bayons price. Deliveries are scheduled to begin during the festive season, with detailed timelines to be announced at launch.Also read: Hyundai Motor India opens booking for Bayon at Rs 11,000; check how to book, specifications & moreThe Bayon will be powered by a four-cylin

23 Oct 2026 2:21 pm
Petrol cars, EVs and crash-test standards face changes; vehicle owners, check how the government plans to make cars safer

The government has tightened vehicle safety norms to reduce fuel leaks, fire risks and electrical hazards in rear-end collisions. All new vehicles manufactured from April 2029 will have to comply with revised fuel-system and electric vehicle battery protection standards. The government has also mandated safety standards for installed Event Data Recorders from October 2029, while updated crash-test and pedestrian protection rules will be introduced in phases from 2027.

23 Oct 2026 2:19 pm
From earning Rs 800 to owning a Lamborghini: Hyderabad entrepreneur fulfils gym cleaners dream for a moment

Hyderabad entrepreneur Kurapati Naga Venkata Rakesh Kumar let a gym cleaner sit in his Lamborghini after noticing him admiring the car daily. Having once earned Rs 800 as a salesperson, he recalled how supercar owners ignored him. His gesture reflected a promise to treat others with kindness and respect.

23 Oct 2026 2:19 pm