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The Economic Times

Economy / The Economic Times

3 sources of bad financial advice: CA warns Indians to be careful about who they trust with their money; one may be sitting at home

A Chartered Accountant has highlighted a common problem that can affect how Indians make decisions about their money. Financial advice can often sound safe, convincing or too good to ignore, especially when it comes from someone people already trust. But before acting on such recommendations, investors need to look beyond the advice itself and understand the reasoning, risks and interests involved.

17 Sep 2026 11:17 pm
Oriflame will stick to direct selling, sees India as top market in 4 years: Global CEO Kenneth Benaim Campbell

Oriflame India sold its manufacturing operations in India to local company Akum Pharmaceuticals two months back, a move many industry executives interpreted as the Swedish player winding down its exposure in India. Campbell said the deal was to spur growth.

17 Sep 2026 10:52 pm
Philosophy Answers: Why some people love having alone time while others don't like the thought of being alone by themselves

A quiet evening at home can be relaxing for one person and uncomfortable for another, even when both are in exactly the same situation. The difference may have less to do with being an introvert or extrovert and more to do with why someone chooses solitude, how they experience it and how much they value social connection. Philosophy and psychology offer some interesting answers to this everyday difference.

17 Sep 2026 10:25 pm
SNAP benefits changing October 1, 2026: New eligibility limits, deductions, monthly payments and asset rules

Starting October 1, 2026, SNAP benefits and income limits are poised for a substantial increase. Eligible households can expect a notable rise in monthly allotments, while the USDA updates income thresholds essential for SNAP eligibility. Furthermore, many households will see adjustments to their standard deductions for specific expenses, all of which will significantly impact benefit calculations for program participants.

17 Sep 2026 10:03 pm
Bengaluru Cantonment station redevelopment to be ready by December: Somanna

Bengaluru Cantonment railway station will open by December 2026 after a Rs 485 crore redevelopment. Yesvantpur station upgrades will finish by November, and KSR Bengaluru station master plan is underway. Track capacity around Bengaluru is expanding to manage rising passenger and freight traffic. A mega coaching terminal at Yelahanka is planned for future rail needs. The Railways is also eliminating level crossings and quadrupling the Bengaluru-Tumakuru line.

17 Sep 2026 10:02 pm
Experts back India's stand on Indus Waters Treaty at UNHRC sidelines conference

Experts at a UNHRC conference backed India's Indus Waters Treaty stance. They argued for examining the treaty in the context of security and human rights. Pakistan's conduct affected the treaty's spirit, according to one speaker. Domestic factors contribute to Pakistan's water challenges, it was noted. The conference highlighted community water rights beyond bilateral agreements.

17 Sep 2026 10:01 pm
In 1901, divers recovered an ancient geared device from the Greek shipwreck. 125 years later, the Antikythera Mechanism is still revealing secrets about ancient sciences

In 1901, divers searching a Greek shipwreck found something no one expected: a small, corroded machine packed with gears. It was the Antikythera Mechanism, built more than 2,000 years ago. At first, it looked like an ordinary relic. Then scientists began studying its intricate parts. More than a century later, the device is still changing what we know about ancient Greek astronomy, mathematics and mechanical knowledge.

17 Sep 2026 10:00 pm
NASA launched an empty spacecraft away from the ISS and set materials inside on fire; scientists used the experiment to study how flames spread in space

NASA conducted experiments to study fire behavior in microgravity. Uncrewed Cygnus spacecraft were used after departing the International Space Station. Combustible materials were ignited inside these spacecraft for research purposes. These investigations collected data on flame growth and spread in space.

17 Sep 2026 10:00 pm
In 1995, 31 grey wolves returned to Wyoming's Yellowstone Park; decades later, 9 beaver colonies are thriving as willow forests recover and erosion risks fall

In 1995, wildlife experts decided to reintroduce the grey wolf in Yellowstone Park, Wyoming. What followed was nothing short of a miracle. It did not just have a positive impact on the beaver population but also transformed the vegetation and the ecosystem altogether. Waterways changed, vegetation sprouted again, and long-struggling species found new chances to flourish.

17 Sep 2026 9:47 pm
Problem solving quote of the day by Ren Descartes: 'Divide each difficulty into as many parts as is feasible and necessary to resolve it...' - A life lesson in critical thinking and how to tackle lifes biggest challenges piece by piece without feeling overwhelmed by the father of modern philosophy

Ren Descartes quote, Divide each difficulty into as many parts as is feasible and necessary to resolve it, offers a timeless approach to handling complex problems. The French philosopher and mathematician believed that breaking a difficult challenge into smaller, manageable parts can bring greater clarity, focus and order to the process of finding a solution. His method remains relevant today for people dealing with overwhelming tasks, difficult decisions and long-term goals.

17 Sep 2026 9:30 pm
Sa Re Ga Ma Pa returns September 19 with 360-degree stage and 100 musicians on Zee TV

Zee TV will launch a new Sa Re Ga Ma Pa season on September 19. The show features a 360-degree stage and over one hundred musicians. This season celebrates India's diverse musical traditions and talent. Shreyas Talpade hosts while Shankar Mahadevan and others serve as gurus. The program aims to be a grand concert celebrating Indian music.

17 Sep 2026 9:22 pm
India proposes 8 guardrails in softening of stance on plurilateral pacts at WTO

India has proposed eight safeguards for plurilateral agreements at the WTO. These safeguards aim to preserve consensus-based decision making and the multilateral charter. Non-participants' rights and agency must also be protected by these measures. India previously opposed plurilateral trade agreements, advocating for exceptions rather than norms. The proposed safeguards seek to build confidence in the WTO as an inclusive institution.

17 Sep 2026 9:19 pm
Auto PLI investments have crossed Rs 45,000 crore: H D Kumaraswamy

Investments under the automobile production linked incentive scheme have surpassed Rs 45,000 crore. The government's policy support aids domestic manufacturing and charging infrastructure development. Original equipment manufacturers are producing electric vehicles under this significant program. India can develop cost-effective solutions for emerging global markets. Electric buses and trucks offer cheaper running costs and reduce oil dependence.

17 Sep 2026 8:56 pm
OIL CMD Ranjit Rath outlines the company's growth priorities

OIL is eyeing higher domestic oil and gas production, accelerated exploration including deep and ultra-deepwater opportunities, strengthening of its integrated energy value chain and selective expansion in clean energy.

17 Sep 2026 8:34 pm
Ram And Leela OTT release date is here: When and where to watch the Tamil sci-fi romantic comedy starring Rio Raj

Ram And Leela, starring Rio Raj and Vartika, is making its way to streaming after its theatrical run. The Tamil sci-fi romantic comedy follows a 30-year-old man who has faced 50 marriage rejections before meeting Leela, whose unusual rule about not seeing her after 6 PM turns his love story into a mystery. Heres what to know about the film, its cast, storyline and streaming release.

17 Sep 2026 8:29 pm
Indias mining, metals sector needs technology shift to strengthen supply chains: Report

India's mining and metals sector needs technology adoption for future competitiveness. Resource efficiency and supply chain resilience are crucial for growth. Companies must unlock higher value from existing operations and materials. Increased use of low-grade ores and scrap will support circularity. Meeting future demand requires sustained efforts and wider technology integration.

17 Sep 2026 8:15 pm
Parenting tip of the day from Michelle Obama, from how to raise humble and grounded kids: 'They don't deserve...' ; lessons on staying real, attached to roots and not straying from values from America's former First Lady

How to ensure your kids grow up stable, humble and disciplined if they seemingly have access to everything? Michelle Obama, writer, lawyer and former First Lady of America, had the perfect answer to the age-old question: Dont let the kids believe they deserve everything! Michelle revealed how they didnt let the limelight and public glare interfere with daughters Malia and Sashas upbringing.

17 Sep 2026 8:00 pm
Virginia family owned 560-acre land but a pipeline company wanted part of it. They refused to sell; what happened next ended in a $523,327 court battle

A Virginia family had owned a 560-acre property for seven generations when Mountain Valley Pipeline sought an easement through part of the land. The family rejected the companys $119,000 offer, leading to a legal battle over how much compensation they should receive. A jury eventually awarded $523,327, but the amount was later reduced before an appeals court restored the original verdict.

17 Sep 2026 7:54 pm
Advent inks pact with Yatharth Hospital to invest Rs 3,150 crore for 24.9% stake

Promoters Ajay Kumar Tyagi and family and Kapil Kumar currently hold 55.8% stake in Yatharth; public shareholders own the remainder.

17 Sep 2026 7:48 pm
RBI cancels licences of 5 NBFCs, 8 others surrender registrations

The Reserve Bank of India cancelled five NBFC registration certificates on Thursday. Eight other NBFCs surrendered their registrations for various business reasons. Some companies ceased to be legal entities due to mergers and dissolutions. Anagram Industries and CDN Finance surrendered registrations after meeting specific criteria. These actions reflect regulatory adjustments within the financial sector.

17 Sep 2026 7:47 pm
India calls for secure, affordable and reliable energy for development

India urged global cooperation for secure and affordable energy at a US G20 meeting. Minister Manohar Lal stressed energy's importance for developing economies and future readiness. He highlighted India's commitment to a resilient energy system and secure mineral supply chains. Bilateral meetings discussed resilient infrastructure and power sector transformation with US and Canadian officials. Discussions also covered India's plans for its growing digital economy's energy needs.

17 Sep 2026 7:46 pm
The WTO is far from obsolete: Rob Staiger, WTO Chief Economist

The WTO is far from obsolete: Rob Staiger, WTO Chief Economist

17 Sep 2026 7:39 pm
India launches 16th round of commercial coal mine auctions, offering 25 blocks for investment

The Ministry of Coal launched its sixteenth commercial coal mine auction round. Twenty-five blocks across several states are now available for investor participation. Six previously auctioned mines have awarded development and production agreements to winning bidders. These mines are projected to generate significant revenue and employment opportunities. India's coal output has seen a notable increase in recent fiscal years.

17 Sep 2026 7:27 pm
Oil India to invest Rs 15,000 crore over three years in deepwater exploration, eyes eight wells

Oil India plans to invest approximately fifteen thousand crore rupees in deepwater exploration over three years. The company intends to drill eight wells, contingent on seismic data interpretation for identifying prospects. The government is actively promoting deepwater exploration and offering financial support for drilling costs. Oil India will partner with foreign firms for upcoming exploration licensing rounds. Current global market conditions encourage companies to invest in exploration act

17 Sep 2026 7:17 pm
NDude Labs invests in nutraceutical ingredients firm Nutriventia

The investment will help Nutriventia strengthen its research and development pipeline, expand its global commercial presence and scale its proprietary ingredient technology platform, the company said in a statement.

17 Sep 2026 7:07 pm
6 Business frameworks every entrepreneur should know before scaling

Scaling a business brings more customers, costs, people, and decisions. Simple business frameworks can help entrepreneurs assess opportunities, understand unit economics, manage growth, and use technology without losing control of the business.

17 Sep 2026 6:49 pm
FinMin allays fears of increase in cash transactions post UPI MDR levy: Sources

The Finance Ministry anticipates no rise in cash transactions following the UPI MDR implementation. Only a small percentage of total UPI volume will be affected by this new charge. RuPay debit card transactions will remain free, mitigating cash transaction concerns. The ministry will monitor to prevent MDR burden transfer to consumers. This measure aims to create a sustainable digital payments ecosystem framework.

17 Sep 2026 6:41 pm
Sanjay Nayar buys Rs 90 crore luxury apartment in South Mumbais Carmichael Road

The transaction involves a 4,537.29 sq ft apartment on the first floor of Kamal Mahal, Anand Kamal Co-operative Housing Society Ltd, located on M L Dahanukar Marg, also known as Carmichael Road. The deal works out to around Rs 1.98 lakh per sq ft based on the carpet area.

17 Sep 2026 6:15 pm
LHB coach bogies are 'corroding': Railway Board raises safety concerns as toilet leaks, salty air & even cleaning practices emerge as problems

The Railway Board has raised concerns over severe corrosion in LHB coach bogies, an issue flagged by senior engineers during a recent meeting of principal chief mechanical engineers. Lavatory areas and coaches operating in coastal regions have been identified as particularly vulnerable to corrosion. Railway authorities have been advised to strengthen cleaning and maintenance practices, while critical safety components will receive closer attention during scheduled inspections.

17 Sep 2026 6:08 pm
Hiranandanis Greenbase to invest Rs 2,000 cr to develop 5 million sq ft in Tamil Nadu

Greenbase plans a significant Rs 2,000 crore investment in Tamil Nadu. This expansion will develop five million square feet across two key locations. The company is acquiring additional land for further growth and development. This initiative supports India's manufacturing and logistics sector expansion. Future developments will focus on sustainability and advanced infrastructure.

17 Sep 2026 6:07 pm
Indias festive food exports see demand surge ahead of Diwali: TPCI

India's food export sector anticipates robust demand for traditional and convenience items. International buyers show keen interest in procuring these popular Indian food products. Traditional sweets and savouries are in high demand, alongside ready-to-eat meals. Exports of cooked food items have already seen significant growth this year.

17 Sep 2026 5:57 pm
Bengalurus biggest star reveals why he is very happy his parents didnt have money: They told me never to; a look at his impressive networth now

KGF star Yash, one of the biggest pan Indian stars today, didnt grow up rich or even affluent. His father was a driver for the Karnataka State Road Transport Corporation, as per reports. In an interview, the actor once opened up about his modest upbringing and shared some invaluable lessons his parents taught him when he was a kid that he follows to this day.

17 Sep 2026 5:51 pm
World Bank mobilises $112 billion in private capital for developing nations

The World Bank mobilised $112 billion in private capital for developing nations last year. This significant increase reflects a strategic shift due to donor funding limitations. Private capital mobilisation now nearly matches the World Bank Group's own lending efforts. The bank employs various methods to de-risk and incentivise private investment. These efforts aim to bridge development financing gaps and foster job creation.

17 Sep 2026 5:49 pm
5 foods for 5g fibre per serving: Delhi nutritionist shares everyday picks for better gut health

Simple foods can significantly improve digestion and overall well-being. Dietary fibre is crucial as gut microbes ferment it into beneficial short-chain fatty acids, claims Delhi nutritionist Lovnet Batra. Apples, sweet potatoes, and flaxseeds offer substantial fibre for daily meals. Avocados and air-popped popcorn also provide fibre and nutrients. These staples help meet daily fibre recommendations without complex diets.

17 Sep 2026 5:47 pm
At 68, Dolph Lundgren maintains his action-star physique with just 5 exercises: His chest and back workout that keeps him strong

Dolph Lundgren, who is now 68, continues to train regularly despite his past battle with cancer. The Rocky IV star, who was once told that he had only a few years to live, credits strength training with helping him through difficult cancer treatments. His latest chest and back workout features five exercises.

17 Sep 2026 5:45 pm
What is an approved project and why does it matter when buying a home?

Securing lender approval for real estate projects significantly simplifies the home loan process. Each project is meticulously evaluated through legal and technical checks before funding is provided. This pre-approval minimizes the need for borrower verification, allowing for expedited loan processing. Bajaj Housing Finance offers a variety of pre-approved projects and swift disbursal options, ensuring buyers access considerable funds and extended repayment periods for their purchases.

17 Sep 2026 5:42 pm
Getaway to the UAE: Chennai roadshow charts Indian exporters evolution into regional players

The Chennai edition of the Gateway to the UAE roadshow, hosted by Ajman Free Zone in partnership with The Economic Times and Times of India Digital, unpacked the metamorphosis of the Indian exporter, from selling into the UAE to using it as an operating and distribution base for the wider region.

17 Sep 2026 5:39 pm
First-ever full toll suspension: Expressway develops major defects weeks after opening; NHAI bans concessionaire for 3 years, seeks Rs 42 lakh daily compensation

Kanpur-Lucknow Expressway: Following the inauguration of the Kanpur-Lucknow Expressway, significant defects were reported, prompting the National Highways Authority of India (NHAI) to bar PNC Infratech from bidding for its projects for three years. Several sections of the expressway suffered premature failures, leading to the suspension of toll collection, while PNC Infratech is required to compensate NHAI for the lost toll revenue on a daily basis. The companys shares also fell sharply after th

17 Sep 2026 5:38 pm
Quote of the day by William Shakespeare: Love is heavy and light; bright and dark; hot and cold; sick and healthy; asleep and awake. It is everything except - Famous English poet on the beautiful contradictions of human relationships

Quote of the day by William Shakespeare: The William Shakespeare quote underscores the duality of love, capturing the simultaneous existence of contrasting emotions. This timeless insight reminds us that relationships are often layered with complexities and emotional turbulence. By acknowledging these contradictions, we can cultivate patience and emotional growth, ultimately fostering deeper, more meaningful connections grounded in vulnerability.

17 Sep 2026 5:30 pm
Getaway to the UAE: Delhi roadshow charts Indias next leap into global markets

The Delhi edition of the Gateway to the UAE Delhi Roadshow, hosted by Ajman Free Zone in partnership with The Economic Times and Times of India Digital, brought together business, tax and trade experts to examine opportunities for Indian companies seeking to establish a regional presence in the UAE.

17 Sep 2026 5:27 pm
VB Group performs bhoomi poojan for upcoming commercial project in Vartak Nagar, Thane

VB Group has officially launched its latest commercial project in Vartak Nagar, Thane, signifying a strategic move into the commercial real estate sector. This venture promises Grade-A office spaces, with sizes varying between 700 and 15,000 square feet. VB Group is committed to offering top-tier commercial environments, aiming to establish a vibrant business hub. Additional VB Group projects in Thane are slated for completion by early 2027.

17 Sep 2026 5:26 pm
TVS revamps Apache, Ronin bikes with new tech, safety features

TVS Motor Company has updated its Apache and Ronin motorcycle lineups. The Apache series gains traction control and new display technologies. The Ronin lineup receives dual-channel ABS and updated features across trims. These enhancements aim to improve rider safety and convenience significantly.

17 Sep 2026 5:24 pm
Godrej Wealth to enter mutual fund business next year, targets Rs 1 lakh crore AUM by 2031

Godrej Wealth plans to enter the asset management business next year. The company is filing for a mutual fund license and expects entry in a year. This new venture will complement its existing wealth management offerings. Godrej Wealth aims for Rs 3,000 crore AUM this financial year. The firm targets Rs 1 lakh crore AUM by 2031.

17 Sep 2026 5:22 pm
Rs 9,580 for a 22-minute cab ride: Indian man in Norway explains the real reason taxi fares are higher. No rich and poor.

An Indian man living in Norway shared his expensive taxi fare, which cost over nine thousand rupees. This incident highlighted Norway's high cost of living and its unique wage structure. In Norway, various professions earn similar incomes, ensuring a dignified standard of living for all. This contrasts sharply with India, where income disparities between professions are significant. The expat questioned India's potential for a more equitable society.

17 Sep 2026 5:06 pm
BharatPe backs new UPI MDR framework, distances itself from former CEO Ashneer Grovers criticism

BharatPe supports the new UPI merchant transaction framework. The company clarified co-founder Ashneer Grover's views are his own. This new framework aims to improve digital payment economics sustainably. It will keep UPI free for consumers and protect small merchants. The changes will affect only a small percentage of person-to-merchant transactions.

17 Sep 2026 4:32 pm
Coal Ministry opens 16th round of commercial Coal mine bidding, offering 25 blocks across 8 states

The Ministry of Coal has launched its sixteenth auction round for commercial coal mines. Twenty-five coal blocks across eight states are now available for investor participation. This initiative aims to generate significant employment and attract new investments into the sector. Previously auctioned mines are projected to generate substantial revenue and capital investment.

17 Sep 2026 4:25 pm
Million dollar mistake: A 24-cent stamp became one of Americas rarest due to a printing error. It turned the stamp into a collectors prize worth $2 million

The 1918 Inverted Jenny stamp was originally sold for just 24 cents, but a printing mistake left the Curtiss JN-4 airplane upside down. Only 100 such stamps reached the public, turning them into prized collectibles. More than a century later, one rare example sold for $2.006 million at a New York auction.

17 Sep 2026 4:25 pm
Bengaluru entrepreneur shares 5 books that changed how she thinks about work, life and relationships

Bengaluru entrepreneur Nirupa Shankar presents a curated list of 5 transformative books aimed at enhancing both personal and professional growth. These titles delve into the value of networking, the importance of mental resilience, and the strength found in overcoming adversity. Readers will discover powerful lessons on fostering meaningful connections while nurturing gratitude and self-acceptance throughout their lives.

17 Sep 2026 4:23 pm
Oil India explores route to bring back $300 million stuck in Russia

Oil India aims to repatriate a $300 million dividend from Russian oil assets. These funds are currently stranded in Moscow due to Western sanctions. The company is exploring solutions to transfer the money held in State Bank of India. Meanwhile, Oil India expands its domestic refining and transportation infrastructure. New projects include a refinery expansion and a long crude oil pipeline.

17 Sep 2026 4:17 pm