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The Economic Times

Economy / The Economic Times

He lost both parents young, then faced cancer himself. Superman star, Christopher Reeves' son Will reveals the lesson his father and mom left him

Will Reeve, son of late Superman star Christopher Reeve and Dana Reeve, has revealed his battle with testicular cancer and confirmed he is currently cancer-free. Inspired by his parents openness about their own health struggles, he chose to share his journey publicly. Diagnosed in April, Will underwent two surgeries and two rounds of chemotherapy after tests showed an aggressive form of embryonal carcinoma. He lost his father in 2004 and mother Dana to lung cancer two years later.

30 Sep 2026 9:28 am
Fire breaks out in pantry car of empty Mumbai-Howrah train rake at CSMT

A fire broke out in the pantry car of an empty Mumbai-Howrah train at Chhatrapati Shivaji Maharaj Terminus. The incident happened early Wednesday morning, around 3.40 am, with no passengers present. Fire brigade personnel were notified and arrived within minutes to control the situation. The blaze was effectively extinguished shortly after 4 am, preventing any injuries. Central Railway confirmed that no casualties occurred during this incident.

30 Sep 2026 9:13 am
Rs 3,000 crore drugs seized from Iranian boat in Arabian Sea; 5 Pak nationals detained

The Indian Coast Guard conducted an operation on September 25, resulting in the seizure of significant drugs. Five Pakistani nationals were detained during this joint operation with Gujarat Anti-Terrorist Squad. The drugs, valued at over Rs 3,000 crore, were transported by an Iranian boat. This operation emphasized the commitment to preventing transnational drug trafficking in India's maritime areas.

30 Sep 2026 9:03 am
'Mahesh Bhatt pays household expenses and takes care of mother too': Alia Bhatt's stepbrother Rahul on his 'fractured' relationship with dad

Rahul Bhatt recently opened up about the struggles of his upbringing, revealing a fractured relationship with Mahesh Bhatt. Growing up in a family after separation in the late 1970s, he felt an immense burden of responsibility. Despite limited emotional communication and a chaotic household, he appreciated his father's support during challenging times. Read on!

30 Sep 2026 9:02 am
Bangladesh women lose ground after quota reform

Bangladesh's 2024 student-led uprising was fuelled by a demand that coveted government jobs be awarded on merit, not through quotas. In 2024, it was proposed to reinstate quotas, sparking student protests.

30 Sep 2026 8:59 am
Mumbai daycare shocker: Daughter who believed in rebirth preserved father's body in freezer for 4 years, paid 1.6 lakh monthly to agency to preserve it

A 78-year-old man's body was found in a freezer at a Mumbai daycare centre, four years after his death. His daughter, who reportedly believed in rebirth, allegedly helped preserve his body, with the family paying 1.6 lakh monthly. Police are investigating the case, and the woman has appointed lawyers to represent her.

30 Sep 2026 8:58 am
CAFE III fuel efficiency norms notified for cars: 3x credit for battery EVs, no special benefit for small cars

The Indian government has announced Corporate Average Fuel Economy norms for passenger vehicles effective from April 2027. These standards include fuel consumption calculations based on various vehicle types, including electric and hybrid models. Manufacturers must report CO2 emissions and actual fuel consumption annually to ensure compliance. A system of credits and debits will be established for vehicle manufacturers based on their compliance levels.

30 Sep 2026 8:56 am
From Rs 5 lakh to Rs 100 crore wealth ladder: CA shares what each wealth milestone can buy you

CA Nitin Kaushiks wealth ladder shows how different financial milestones can offer different forms of freedom. He says Rs 5 lakh provides emergency security, Rs 15 lakh basic stability, Rs 50 lakh meaningful investable capital, Rs 5 crore can make work optional, Rs 15 crore offers comfortable financial independence and Rs 100 crore represents a different level of wealth. Ultimately, he says the real milestone is when money stops controlling decisions.

30 Sep 2026 8:05 am
Apple Pay launches in India: iPhone XR and later supported, Apple Pay VP Jennifer Bailey on why now

Apple Pay has finally launched in India, more than a decade after its US debut. The service is initially available on iPhone, iPad and Apple Watch for eligible Axis Bank Visa and Mastercard credit cards, allowing users to make contactless payments and pay on apps and websites. Apple says it views Apple Pay as complementary to UPI, while highlighting convenience, privacy and security as key features.

30 Sep 2026 7:30 am
The Traitors Telugu OTT release announced: Streaming date and time, host, contestants list and more - all you need to know about Teja Sajjas upcoming reality show

The Traitors Telugu will premiere on OTT, featuring 20 contestants. This reality show involves secret identities and game dynamics focused on trust and deception. Teja Sajja will host the series and it will be his first role as a reality television host. Contestants will face the challenge of identifying Traitors among themselves while forming alliances. Read on to know when and where to watch it online.

30 Sep 2026 7:03 am
Indias Decisive Decade: 7 Business trends every CEO should watch

India's business landscape is changing quickly, with AI, manufacturing, services, cybersecurity and new markets creating fresh opportunities as well as new challenges for business leaders. Here are 7 business trends that every leader should keep a tab on!

30 Sep 2026 7:00 am
Bethlehem Kudumba Unit to Sardar 2: Watch these latest Tamil, Malayalam, Telugu and Kannada OTT releases on Netflix, JioHotstar, Prime Video and more

Several South Indian films are set to release for streaming, offering diverse genres like action, romance, and comedy. Karthi returns in dual roles in the Tamil spy-action thriller Sardar 2, which premieres on Amazon Prime Video. Nivin Pauly stars in the Malayalam romantic comedy Bethlehem Kudumba Unit, available on JioHotstar. A quirky Telugu dating app story unfolds in Romanchakam, and Aishwarya Lekshmi features in the comedy series #Love on Netflix. Read on to know more about the latest relea

30 Sep 2026 6:47 am
Apple scores A+ for record $13 billion iPhone exports from India

Total smartphone exports in the April-August period rose about 36% from a year earlier to $15.96 billion, and as much as 98% of the incremental increase came from iPhones alone, show data available with ET.

30 Sep 2026 5:30 am
Jobs in line as IRDAI commission caps force insurance brokers to rethink models

Facing new commission regulations from the IRDAI, insurance brokers, including Quickinsure, are tweaking their business approaches. This pivot might cause a staggering loss of over 100,000 jobs as the industry reduces reliance on fixed sales teams. Brokers are expected to embrace more flexible cost structures and optimize sales output. Unfortunately, smaller brokers lack the established client base needed to weather these changes, risking their operational sustainability.

30 Sep 2026 1:58 am
SC seeks 16% MRP cap on medicines, flags huge cancer drug markups

The Supreme Court has raised concerns regarding inflated prices of essential medicines, particularly cancer drugs, sold at exorbitant markups. Justices Vikram Nath and SVN Bhatti criticized pharma companies for neglecting the struggles of ordinary people. They urged the government to consider a uniform pricing rule that limits maximum retail prices. The court highlighted the burden on taxpayers due to inflated medical expenses reimbursed under public health schemes.

30 Sep 2026 1:45 am
Happy Hours! UK trade pact brings scotch prices down in India

Scotch prices in India have decreased significantly for the first time following the India-UK free trade agreement. Major brands like Johnnie Walker Black Label and J&B are experiencing price reductions in various states. The agreement has halved the tariff on British whisky, leading to these lower prices. Companies are working to submit proposals for price adjustments in other regions as well.

30 Sep 2026 1:32 am
Nuvoco, Clean Max tie up for clean energy project

Nuvoco Vistas Corp has engaged in a partnership with Clean Max Enviro Energy Solutions for a renewable project. This initiative involves a 46.4 MW wind-solar hybrid energy facility located in Rajasthan. The project will include 20 MW of wind capacity and 26.4 MWdc of solar capacity, featuring a 2-MWh Battery Energy Storage System.

30 Sep 2026 1:24 am
SC upholds HC order, clarifies scope of Fortis forensic audit

The Supreme Court maintained the Delhi HC's directive for a forensic audit of certain banking transactions. This audit specifically concerns transactions involving Fortis Healthcare Ltd and its former promoters. The audit aims to examine transactions related to the erosion of shareholding in Fortis Healthcare.

30 Sep 2026 1:18 am
ChrysCapital to take minority stake in Linux laboratories

Linux Laboratories has secured $70 million in equity funding from ChrysCapital and Tata Capital Healthcare Fund III. This investment involves both primary capital and a secondary purchase, marking Tata Capital Healthcare Fund II's full exit. The funding will help Linux deepen its presence in existing specialties and expand into new therapeutic areas.

30 Sep 2026 1:13 am
Oil slides as Saudi Arabia boosts flows via key pipeline

Oil prices have declined as Saudi Arabia restored partial capacity of its East-West pipeline, affecting global oil supply. Concerns regarding a stalemate between the US and Iran remain, but crude oil flows are sustained. The Brent crude future prices approached $103 a barrel, while West Texas Intermediate crude neared $90. There is ongoing movement of oil through the Strait of Hormuz despite risks to shipping.

30 Sep 2026 1:12 am
Air India's 10,000 crore fundraise plan draws cashflow concerns

Air India is currently looking to secure 10,000 crore in fresh loans for various operational needs. Some lenders are hesitant to provide credit due to uncertain cash flow visibility and risks. The Tata Group-backed airline reported a significant increase in losses over the past financial year, including foreign-exchange losses. Despite this, state-owned banks are willing to renew existing credit lines due to a good credit rating.

30 Sep 2026 1:07 am
No explosives found in UK airbase probe

Britain's counter-terrorism police investigated a suspected plot related to a British airbase utilised by US forces. No improvised explosive devices were discovered during the investigation, which focused on search operations. A quantity of petrol was recovered from vehicles at the scene, while searches of properties in London were conducted. Five men were arrested on Sunday and are under investigation but have been released on bail.

30 Sep 2026 1:05 am
Bigger picture: Media industry shifts focus to attention, data & tech

Speaking in a panel discussion at Ficci Frames, India's leading media and entertainment conclave, Zee Entertainment CEO Punit Goenka said the industry has transformed and is no longer simply about investing in and focusing on either television or digital.

30 Sep 2026 1:04 am
12% deficit: Rain report gives a dry reading

The impact is showing in commodity markets: prices of several pulses are up amid crop concerns and festive demand. Maharashtra has declared drought across large parts, and Karnataka is facing similar conditions.

30 Sep 2026 1:03 am
Social Security Benefit Increase 2027: What to know about the next COLA

Social Security recipients are awaiting the official 2027 cost-of-living adjustment, which is set to be revealed by the Social Security Administration on October 14. The Senior Citizen League currently projects a 3.5% increase, which would be higher than the 2.8% adjustment for 2026 and 2.5% increase for 2025. If that estimate becomes official, the average monthly benefit of $1,940 would rise by around $67.90 to almost $2,007.

30 Sep 2026 1:01 am
Curative plea challenges SC's split verdict on poll panel appointment law

A curative petition has been filed in the Supreme Court amid challenges to the appointment of election commissioners. This petition questions a prior split verdict regarding the Election Commission of India's appointment process. The petitioners argue that the previous judgment raises fundamental issues about the independence of the Election Commission.

30 Sep 2026 12:56 am
Britannia rejigs top brass: N Venkataraman new Deputy MD, R Jayaraman to be CFO

Venkataraman has been with the company since 2007 and will now oversee its finance, strategy, legal, secretarial and IT functions alongside Hargave, Britannia said. He previously worked in finance roles at Eicher Motors and Hindustan Aeronautics.

30 Sep 2026 12:54 am
Top court quashes arrest of Sambhal violence accused, fines UP government 10 lakh

The Supreme Court declared Mulla Afroz's preventive detention under the National Security Act as illegal. The court found that an alleged confessional statement could not solely justify the detention. Justices highlighted the need for considering surrounding circumstances before issuing such orders.

30 Sep 2026 12:52 am
New steel policy draft ready, to set 2047 road map: Secretary

The government is revisiting the current national steel policy 2017 to address major changes in the sector in the past decade including AI, machine learning, technology upgradation, decarbonisation and greater policy focus on sustainability.

30 Sep 2026 12:51 am
Foodgrain output target cut over El Nino impact

Of the overall target, 177.72 mt is expected to come from the rabi season, agriculture minister Shivraj Singh Chouhan, said at the National Agriculture Conference-Rabi Campaign 2026 Tuesday.

30 Sep 2026 12:47 am
Railways to tighten component checks to fix warranty gaps

The RDSO has directed zonal railways, wagon manufacturers and inspection agencies to strictly enforce the prescribed marking scheme for critical freight components, a senior official told ET.

30 Sep 2026 12:37 am
India a 'bright spot' amid uncertainty: Shaktikanta Das

India recorded average annual real GDP growth of 7.9% between 2021-22 and 2025-26, while growth in the first quarter of 2026-27 stood at 7.8%, he noted. He attributed the momentum to domestic demand, industrial and services activity, and a series of structural reforms.

30 Sep 2026 12:32 am
Services output grows 13.5%, 17 of 19 sectors expand

The service sector is expected to maintain its underlying strength in the months ahead, said Rajani Sinha, chief economist at CareEdge Ratings. However, she added that the sector could, to some extent, be affected by challenging external environment, energy price volatility, and supply chain frictions.

30 Sep 2026 12:28 am
Data centre surge triggers CEA study on grid stability

The Central Electricity Authority has formed a committee to evaluate data centre effects on power systems and grid stability. This initiative responds to the growing demand for electricity from data centres across various states in India. Odisha raised concerns over operational challenges linked to large market purchases affecting the grid.

30 Sep 2026 12:26 am
SBI seeks clarity on handling of bank accounts, deposits under FCRA bill

State Bank of India officials are seeking clarity on handling accounts when an organizations registration is suspended. They highlighted risks for smaller entities that may lose access to funds upon missing renewal deadlines. The JPC is examining the implications of the FCRA Amendment Bill, focusing on accountability and regulations for banking procedures.

30 Sep 2026 12:19 am
Bhavya industrial parks application deadline extended

The Department for Promotion of Industry and Internal Trade (DPIIT) is inviting applications under the scheme in two rounds, it said in an office memorandum.

30 Sep 2026 12:15 am
MSME data to power National Business Register

The SBR will serve as a comprehensive database of business establishments across the country. Under the MoU, the two ministries will develop a structured format for sharing information from the MSME ministry's enterprise registration system with the ministry of statistics and programme implementation (MoSPI).

30 Sep 2026 12:10 am
Essar-backed Mesabi Metallics to set up $15-billion steel plant in US

Mesabi Metallics will use iron ore for the Iowa plant from its mine in Minnesota, which was recently operationalised. The company has invested nearly $3 billion in this iron ore mine at Nashwauk in the state, which is the first new mine in Minnesota in five decades. This combined $18 billion investment is the largest single-location investment for steel in the country.

30 Sep 2026 12:02 am
Quote of the day by Edmund Burke: Our antagonist is our helper. He that wrestles with us strengthens our nerves, and sharpens our skill. - Anglo-Irish philosopher and writer on how our adversaries can reveal our hidden strength

Edmund Burke's quote highlights that confrontation serves as a powerful stimulus for personal evolution and fortitude. By tackling adversity, individuals can uncover their inherent abilities and strengths. This viewpoint advocates for a fresh assessment of struggles, perceiving them as chances for education and progress. In today's world, shying away from unease inhibits personal exploration and growth. Thus, embracing challenging experiences is crucial for nurturing resilience and achieving per

29 Sep 2026 11:35 pm
Motivational quote of the day by Bruce Willis: 'Whether you're a man or not comes from your heart, not how much hair you have on your head' - How a person's character matters more than just appearance explained by the Hollywood legend

Bruce Willis once offered a striking perspective on baldness and masculinity, saying that being a man is determined by what comes from the heart, not by the amount of hair on one's head. The 2005 remark came as he discussed shaving his head and rejecting the idea that hair loss should make men feel less masculine.

29 Sep 2026 11:33 pm