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The Economic Times

Economy / The Economic Times

Relief for Monster Energy, PepsiCo in FSSAI energy drink case

Delhi High Court has granted a stay on the Food Safety and Standards Authority of Indias orders related to energy drinks. The court found that FSSAI's orders lacked proper procedures including the issuance of show-cause notices. Both Monster Energy India and PepsiCo India Holdings argued that not following due process would lead to significant financial losses.

6 Oct 2026 9:20 pm
Govt looks to widen coverage of Index of Services Production, invites feedback

MoSPI began compiling the ISP on a monthly basis for the formal services sector on a trial basis in July 2026. The exercise uses 2024-25 as the base year and was designed to provide a higher-frequency measure of services-sector performance.

6 Oct 2026 9:08 pm
Explainer: Why have India-US trade talks stalled again and what's next?

Amid rising tariffs and geopolitical tensions, trade negotiations between India and the United States have reached an impasse. The US has voiced concerns over India's ongoing acquisition of Russian oil, which could trigger higher tariffs. India aims to safeguard its vital agricultural sectors during talks while advocating for enhanced export conditions. Future discussions, particularly with Secretary of State Marco Rubio's upcoming visit, may provide an opportunity for resolution.

6 Oct 2026 9:08 pm
Election Commission rejects Rahul Gandhi-led MPs' meeting request amid SIR row, says 2025 procedure must be followed

The Election Commission of India refused to meet a delegation of 240 MPs led by Rahul Gandhi. This decision followed a day of protests in the national capital against the Chief Election Commissioner. Congress leaders, including Rahul and Priyanka Gandhi, were detained during the protests. The Commission stated that no formal meeting request had been submitted by the deadline.

6 Oct 2026 9:07 pm
Donald Trump calls mail-in voting dishonest, so why is he urging Republicans to use it?

The Trump administration sought to introduce new US Postal Service requirements ahead of the midterm elections. The proposal called for special envelopes and barcodes linked to individual voters. States would also have been required to submit voter information through a federal portal.

6 Oct 2026 9:00 pm
Middle East oil exports are recovering despite Strait of Hormuz tanker attacks, but the bigger problem is getting crude safely to buyers

Middle Eastern oil exports have significantly recovered as shipping companies navigate a complex transport network. While conventional methods remain risky, alternate routes are being utilized to ensure continuous oil movement. Oil producers are adjusting strategies, relying on pipelines and offshore transfers to circumvent dangerous waters. The shipping process has become more expensive due to increased insurance and higher freight rates.

6 Oct 2026 8:56 pm
Virat Kohli and Anushka Sharmas Rs 32 crore Alibaug home has no TV, but it features a swimming pool, a luxurious jacuzzi, pink marble bathrooms

Virat Kohli and Anushka Sharmas house in Alibaug is not just breathtakingly beautiful but also made to foster intimate family relationships and has no television. The home costs a whopping Rs 32 crore and is built on a vast 10,000-square-foot plot.

6 Oct 2026 8:48 pm
Cabinet approves new authority to integrate Indias transport, logistics planning

The Union Cabinet has approved setting up the Integrated Transport & Logistics Authority (ITLA), an SPV to coordinate transport and logistics planning, project appraisal, monitoring and data analytics. ITLA will prepare a long-term National Transport Master Plan, assess projects costing Rs500 crore or more, and promote multimodal infrastructure development.

6 Oct 2026 8:21 pm
John Distilleries surpasses Rs 10,000 crore revenue in FY26; Sazerac become majority shareholder

In FY26, John Distilleries Ltd demonstrated remarkable growth, achieving a revenue of Rs 10,820.10 crore and a net profit of Rs 11.6 crore, marking an increase from the previous year. The recent acquisition of a 66 percent stake by Sazerac has positioned it as the majority owner, replacing Paul John Fund LLC. Renowned for its acclaimed Paul John single malt whisky and Original Choice whisky, the company continues to thrive.

6 Oct 2026 7:58 pm
Veegaland Developers revenue rose 79% to Rs 74 crore in Q1 FY27

Veegaland Developers has reported a 79% increase in revenue from operations in the first quarter of FY 2027. Profit also rose to Rs 9.72 crore, up from Rs 3.21 crore the previous year. The company launched a new residential project, Veegaland Amora, in Kochi which adds to its portfolio.

6 Oct 2026 7:38 pm
Government asks Adani Airports to defer partial shifting of Mumbai airport's international operations

The civil aviation ministry requested Adani Airport Holdings Ltd to postpone the planned flight transition to Navi Mumbai. Airlines have opposed the proposed reduction of international flights to this new airport. Civil Aviation Secretary Samir Kumar Sinha chaired a meeting to discuss the transition plan with various stakeholders. Subsequent discussions between airlines and Adani Airports are scheduled to take place on October 13 and October 20.

6 Oct 2026 7:36 pm
New Jersey dumped 219 turtles in a river; now rescuers are building stations to help them survive winter season. Now their return to the wild is complicated

A significant number of turtles have been rescued from a river in New Jersey, sparking urgent rehabilitation efforts. The rescued turtles include native Eastern box turtles alongside non-native three-toed box turtles. As winter nears, unique facilities are being set up to support the turtles through their brumation phase. Meanwhile, investigations are underway to track down the individuals responsible for their dumping, as conservationists strategise on potential release plans.

6 Oct 2026 7:35 pm
SunBridge BioEnergy starts commercial production at Rs 350 crore ethanol plant

SunBridge BioEnergy Ltd has started commercial production of fuel-grade ethanol at its Seoni facility. This facility, with an investment of Rs 350 crore, has a daily production capacity of 300 kilolitres. The company also plans to increase its capacity by setting up another facility in Raipur, Chhattisgarh. SunBridge BioEnergy utilizes damaged food grains such as maize and broken rice for ethanol production.

6 Oct 2026 7:20 pm
Proposal to scrap GST officers' arrest powers based on 'trust'; states likely to back move: Sources

The 57th meeting of the GST Council, to be chaired by Union Finance Minister Nirmala Sitharaman and comprising state finance ministers, will on October 8 deliberate significant changes to the GST enforcement framework, including removing the arrest powers of GST officers.

6 Oct 2026 6:55 pm
Apple Watch Ultra 4 review: Who really needs to upgrade?

The Apple Watch Ultra 4 is a meaningful upgrade mainly for users coming from older Apple Watches or the original Ultra, offering better battery life, a redesigned sensor system, brighter 3,000-nit display, new health features and the S11 chip. However, Ultra 2 and Ultra 3 owners have little reason to rush, as many core features remain similar and software support continues.

6 Oct 2026 6:54 pm
Finmin asks pvt banks to increase participation in govt's financial inclusion schemes

The Finance Ministry on Tuesday asked private sector banks to step up participation in financial inclusion schemes, including PMMY and Stand Up India. Financial Services Secretary Sanjay Lohiya urged banks to support the upcoming saturation campaign, expand digital outreach, improve loan processing, strengthen insurance claim awareness and address grievances.

6 Oct 2026 6:48 pm
Rs 12 lakh prize for whoever sleeps first: Bizarre competition turns sleeping into a relaxation race. Check rules and judging process

A bizarre competition in Japan revently turned falling asleep into a race, with a prize of more than Rs 12 lakh for the winner. Called the Matt Race, the Tokyo contest gave participants up to 90 minutes to sleep while their rest was tracked using monitoring devices. But speed alone did not decide the winner because the contestants were judged on how quickly and soundly they fell asleep.

6 Oct 2026 6:36 pm
Will Hrithik Roshan star in Rajinikanths Jailer 2? War star had actually worked with superstar long before his debut, Kaho Na Pyaar Hai: He took the blame

Hrithik Roshans fans cant wait to see Bollywoods Greek God in Rajinikanths upcoming film Jailer 2. A poster shared by his body double, Mansoor Khan, revealed if what the trailer hinted at was true or not.

6 Oct 2026 6:31 pm
Queens Brian May transformed 157 acres of farmland into wildlife sanctuary with 100,000 trees; now serves as an animal rescue centre

Brian May's vision, dubbed May's Wood, has transformed agricultural fields in Dorset into a vibrant woodland sanctuary, significantly improving local biodiversity. Over ten years, an impressive 100,000 trees and shrubs have been introduced, fostering new wildlife habitats. This initiative not only links existing ecosystems but also promotes the flourishing of varied plant and animal life.

6 Oct 2026 6:26 pm
Dabur expects double-digit Q2 revenue growth on strong India FMCG, overseas demand

Dabur India expects consolidated revenue to grow in double digits in the September quarter, supported by strong performance across its India FMCG portfolio and sustained international growth. Rural demand outpaced urban markets, while e-commerce and quick commerce remained strong. Higher input costs, however, weighed on operating margins during the quarter.

6 Oct 2026 6:08 pm
Max Estates sales bookings surge over 13-fold to Rs 2,100 crore in Q2

Max Estates reported a sharp rise in sales bookings to Rs 2,100 crore in the July-September quarter, up from Rs 156 crore a year ago, driven by strong housing demand. The realty firm recorded Rs 3,200 crore in pre-sales in the first half and plans major residential launches across Noida and Gurugram.

6 Oct 2026 6:06 pm
Vehicle registrations up 32% on-year in September

As per data collated by Federation of Automotive Dealers Associations (FADA), passenger vehicles, two-wheelers and commercial vehicles retails rose 33%, 32% and 38%, respectively in the month under review.

6 Oct 2026 5:48 pm
Centre plans faceless CGST scheme in 3-4 months, seeks to cut taxpayer-officer interface

The Centre plans to launch a pilot faceless scheme under the Central Goods and Services Tax. The aim of the scheme is to reduce direct interactions between taxpayers and tax officers significantly. Cases will be assigned using technology, including artificial intelligence and data analytics for efficiency. This new framework draws on the existing faceless system used by the Income Tax Department.

6 Oct 2026 5:45 pm
Discoms in Delhi to offer temporary electricity connections within 24 hours in festival season

Power discoms in New Delhi have initiated a 'Tatkal' service for temporary electricity connections during the festive season. This service aims to assist event organizers, including those for Durga Puja, Ramlilas, and weddings. Consumers can apply for these connections online through various platforms provided by the discoms. Arrangements have been made to ensure connections are delivered within 24 hours, subject to certain conditions.

6 Oct 2026 5:41 pm
Delhi Airport to get Rs 3,500 crore transit system by 2030, connecting all terminals

Indira Gandhi International Airport aims to implement an Automated People Mover system to connect terminals by 2030. The system will cost approximately Rs 3,500 crore and stretch over 7.3 kilometers. It will facilitate easier travel between Terminals 1, 2, and 3 while enhancing overall passenger capacity. This project is part of a ten-year master plan expected to raise annual handling capacity to 125 million.

6 Oct 2026 5:21 pm
Govt may consider ATF price stabilisation fund for airlines amid soaring fuel costs

Amid increasing jet fuel prices, the Indian government is exploring options to stabilize aviation turbine fuel costs. The discussions involve airlines and oil marketing companies due to the impact of geopolitical tensions. Recently, IndiGo announced a rise in fuel surcharges for their flights resulting from volatile ATF pricing. The Federation of Indian Airlines requested a review of the jet fuel pricing formula to alleviate financial pressure.

6 Oct 2026 5:12 pm
Tata Power Renewables adds 88,397 rooftop solar installations in Jul-Sep quarter

Tata Power Solaroof has announced impressive growth in rooftop solar panel installations during the July to September quarter, registering 88,397 new setups a notable 33 percent increase from last year. The first half of FY27 saw over 1,68,530 installations, achieving a 50 percent year-on-year growth. Uttar Pradesh took the spotlight with 1,16,254 installations, helping the company reach a cumulative total of 5,75,000 installations and a capacity exceeding 5.

6 Oct 2026 5:12 pm
'Take sick leaves before you fall sick': Unused office leave could be a career mistake affecting your salary, corporate advisor reveals why

A corporate career advisor has urged employees to stop treating paid and sick leave as something to be used only after they become seriously ill. Avreen argued that exhaustion and burnout are valid reasons to step away from work and said unused paid leave is effectively like leaving your salary on the table.

6 Oct 2026 5:10 pm
ChatGPT starts exposing writers using AI with invisible watermarks; OpenAI says its texts, codes can be traced; how to avoid detection

OpenAI is rolling out invisible text watermarking for eligible ChatGPT and Codex output in the European Union, allowing its detector to look for a statistical signal hidden in the model's word choices. The technology can identify many longer passages, but OpenAI says editing, translation, short text and technical subjects can weaken detection. The system also cannot establish who wrote a passage, how much a human contributed or whether the content is accurate.

6 Oct 2026 5:08 pm
Florida researchers used 90 robotic rabbits to catch Burmese pythons. What happened next even scientists couldn't believe

Researchers in Florida's Everglades have turned to creativity in their fight against invasive Burmese pythons by designing robotic rabbits. These high-tech devices mimic the natural movement and warmth of real rabbits, making them better at attracting the elusive snakes. With remote control features and alert systems, these robotic entities promise to transform how these invasive species are monitored, potentially reshaping Florida's wildlife management landscape.

6 Oct 2026 5:01 pm
India vs West Indies Live Streaming: When and where to watch 1st T20I online, match timing, telecast and full squads

IND vs WI Live Streaming: The highly anticipated five-match T20I series between India and West Indies kicks off on October 6 at 7:00 PM IST. Fans can expect an exhilarating start at the Bharat Ratna Shri Atal Bihari Vajpayee Ekana Cricket Stadium in Lucknow. Following a successful 2-1 ODI series win, Shreyas Iyer steps up to lead India, aiming to maintain their victorious momentum in the T20 format.

6 Oct 2026 5:01 pm
Bengaluru to get nine new townships, 300-km metro line, 210-km ring road and RRTS network in the next 10-year plan. Where will they come up?

Karnataka plans to construct nine new integrated industrial townships, 312 km of new Metro lines, a 210-km ring road and a 270-km RRTS network across Bengaluru Metropolitan Region over the next decade. The government has already acquired 7,900 acresfor the proposed townships.

6 Oct 2026 4:57 pm
MEA condemns Black Sea attack that killed two seafarers, expresses grave concern over strikes on commercial shipping

India has condemned the attack on the commercial vessel MV ROYAD MAMMADOV that resulted in two fatalities. All three Indian nationals aboard the ship have been reported safe, with one receiving medical attention. The Ministry of External Affairs emphasized the need for dialogue to resolve ongoing conflicts affecting commercial shipping. Indian authorities are in close contact with Romanian officials to support the injured crew members.

6 Oct 2026 4:54 pm
RDI fund: Call for proposals to reopen after review, to boost Viksit Bharat 2047, says TDB Secretary

In an effort to align with India's 2047 development goals, the Research, Development, and Innovation Fund was launched by Prime Minister Narendra Modi as a means to empower domestic enterprises. It seeks to stimulate private sector investment in R&D, with 400 applications now under assessment and plans to accept new submissions soon.

6 Oct 2026 4:52 pm
Backward integration, captive power seen aiding profitability of secondary steel players

Secondary steelmakers in India are improving profitability by investing in captive power and backward integration, helping offset volatile raw material and energy costs, according to CRISIL. Operating margins are expected to rise to 6.6% this fiscal, with integrated players earning Rs 1,500-2,000 more EBITDA per tonne than non-integrated peers.

6 Oct 2026 4:52 pm
From Landlines to 6G: How Indias Telecom Revolution Transformed Connectivity

India's telecommunication sector has evolved from a sparse network of landlines to a robust mobile connectivity framework, embracing technologies like 2G, 3G, and 4G, culminating in the recent rollout of 5G. As the nation gears up for 6G, it aims to enhance the global digital landscape while improving the daily online experiences of its citizens.

6 Oct 2026 4:24 pm
Insurance brokers oppose IRDAI commission caps, warn of 60-70% revenue hit

Insurance brokers in India are opposing commission cap proposals from the Insurance Regulatory and Development Authority of India. They warn that these changes could reduce their revenue significantly and threaten many jobs. The Insurance Brokers Association of India seeks more time to provide feedback and opposes hard caps without proper assessments. Proposed changes aim to lower distribution costs and improve policyholder value, according to the regulator.

6 Oct 2026 4:23 pm
Drishyam 3 star Ajay Devgn once revealed heartbreaking truth about his equation with late father, Veeru: 'In the first 20 years of life, didnt care

Bollywood star Ajay Devgn is known to be a very reserved person. Yet, in a chat with adventurer Bear Grylls on his show, the Drishyam 3 star opened up on his bond with his father, the late stunt director Virender Veeru Devgn, admitting that, like many people, he too realised the significance of having parents, very late in life.

6 Oct 2026 4:09 pm
Indias operational data centre capacity on track to reach 2 GW by the end of the year

India's data centre market added about 130 MW of new capacity in H1 2026 and expects more growth. The total operational capacity is projected to reach 2 GW by the end of the year. Mumbai continues to dominate this expansion and accounts for almost all new supply added. Over USD 38 billion in investment commitments were made during the first half of the year.

6 Oct 2026 4:03 pm
Karnataka liquor volumes flat in H1 as beer gets three cheers

Karnataka observed significant growth in beer sales, rising by 41% in the first half of the fiscal year. Indian-made liquor sales, however, remained stable with a mere 1% increase during the same period. Revenue from beer and Indian-made liquor combined reached Rs 22,192 crore, reflecting a 13% growth year-on-year. Domestic liquor manufacturers had concerns regarding the regulatory framework that affected consumption patterns.

6 Oct 2026 3:47 pm
'Too tall, small face, no heroine will work with you': Amitabh Bachchan says the origin of his famous hairstyle was not for fashion

Amitabh Bachchan revealed that his renowned hairstyle began as a practical response to industry criticism. Producers viewed his height and facial features as drawbacks, forcing him to grow his hair. This choice evolved into the famous 'Bachchan cut', closely associated with his persona in the 1970s. Hairstylist Hakim Kairanvi crafted this signature look for many of Bachchan's early films.

6 Oct 2026 3:43 pm
A young Harsh Goenka without a beard: Billionaire's MBA days photo sparks a guessing game

Harsh Goenka recently shared a throwback photograph from his MBA days, joking that he had no beard then. The image sparked a guessing game on X, with followers trying to identify him and praising his youthful appearance. One user called him the Happiness Brand Ambassador for his humour and million dollar smile. Goenka is Chairman of RPG Enterprises and holds an Economics degree and MBA from IMD, Lausanne, Switzerland.

6 Oct 2026 3:40 pm
'The Social Reckoning' star Mikey Madison reveals what kept her tethered to the ground after the 2025 Oscar win

Following her remarkable Academy Award win, Mikey Madison has opened up about the importance of staying humble. With gratitude towards her family and friends, she feels supported and grounded. Rather than succumbing to pressure for a perfect role after her Oscar success, she is excited for her upcoming film, 'The Social Reckoning,' which explores the story of Facebook whistleblower Frances Haugen, set to premiere internationally on October 9, 2026.

6 Oct 2026 3:40 pm
Justin Timberlake praises Jessica Biel as greatest mom as couple celebrates 14th wedding anniversary

Justin Timberlake and Jessica Biel shared never-before-seen photos and sweet messages on Instagram Stories. Timberlake called Biel his favorite person in every lifetime and praised her as the greatest mom to their two sons. Biel returned the love by calling Timberlake the best Dad and sharing photos of the couple together.

6 Oct 2026 3:37 pm
S&P sees 12-14% credit growth in India despite rural stress risks

S&P has projected credit growth of 12-14% in India's financial sector, emphasizing concerns about rural credit growth. The potential impact of weak monsoons on agricultural earnings could further exacerbate credit challenges. Economic activity exhibits resilience, supported by strong capital positions of banks and lenders. Public investment remains steady while private investment focuses on specific sectors, showing improvement. Inflation is projected at 5.1% for FY27, amidst challenges from glo

6 Oct 2026 3:22 pm
Women account for over 57% of online medical consultations through eSanjeevani

The eSanjeevani platform has reached a significant milestone of 50 crore teleconsultations across India. It shows notable participation, with 57.14 percent of users being women and 40.15 percent aged 46 and above. Telemedicine is proving essential in enhancing healthcare access for citizens in remote areas. The service has expanded rapidly and supports a diverse range of medical consultations daily.

6 Oct 2026 3:16 pm
Cabinet approves new authority to enhance R&D across transportation and logistics

The Union Cabinet has approved the creation of an Integrated Transport & Logistics Authority to improve synergy. This new authority aims to enhance planning and evaluation processes across India's transportation sector. It will be responsible for appraising significant infrastructure projects and developing the National Transport Master Plan. Additionally, the ITLA will integrate essential data for effective project planning and monitor major transport projects.

6 Oct 2026 3:15 pm