The Economic Times

Delhi International Airport Ltd has successfully raised 3,500 crore through 15-year rupee-denominated non-convertible debentures. This financing aims to refinance its upcoming $522.6 million dollar notes maturing in October 2026. Major investors included India Infrastructure Finance Company and various banks that subscribed substantial amounts.

Bajaj Finserv is preparing to enter the reinsurance sector with the appointment of N Ramaswamy Narayanan. The former chairman of GIC Re brings over thirty years of reinsurance experience to the role. This strategic move aims to strengthen the Bajaj Group's existing insurance operations through a new subsidiary focused on reinsurance.

The new GST framework in India aims to streamline compliance processes while lowering tax rates, contributing to enhanced economic stability. This initiative promises to improve taxpayer satisfaction and bolster revenue generation, encouraging growth across multiple industries. Early data shows a notable increase in taxable supplies after these reforms, positively impacting both businesses and consumers, with small and medium enterprises particularly benefiting from a cohesive national market.

Indias audit rotation cycle is prompting companies to scrutinise prospective auditors far beyond credentials, examining team stability, sector expertise, regulatory records, technology capabilities and conflicts involving non-audit services. With over 1,000 mandates expiring in FY27, audit committees are demanding greater detail on partner continuity, independence and the value firms can deliver.

Artificial intelligence is creating a new revenue stream for celebrities and digital creators by allowing them to license AI-generated versions of their faces and voices. The opportunity spans advertising, branded content and digital media, but also raises questions around consent, unauthorised replication and ownership of digital identities.

Mumbai: Reliance Retail and 7-Eleven are ending their five-year franchisee deal in India, closing most of the nearly 60 convenience stores they operated under the partnership, after struggling to make the format profitable, people familiar with the matter said.A handful of outlets are clearing the inventory before shutting, they said. 7-Eleven may look for another Indian partner to keep a foothold in the market, although no decision has been made, the people said.The exit highlights an unusual s

With global financial risks in the spotlight, the Reserve Bank of India is indicating a shift towards higher interest rates. Governor Sanjay Malhotra has highlighted emerging challenges, including significant global debt levels and surging asset prices. The rise in US treasury yields and crude oil costs suggests trials ahead for the Indian economy.

Salman Khan has maintained a disciplined fitness routine focused on strength training and volume over many years. His longtime trainer Rakkesh R. Uddiyar emphasizes the importance of consistency and dedication in achieving fitness goals. Salman trains six days a week, ensuring his workouts are efficient while adapting to his film schedules. While he follows a balanced diet, he modifies his training and cardio according to specific film roles.

Amid growing concerns over dubious lending practices, the National Housing Bank has initiated a forensic audit of SRG Housing Finance. This scrutiny will investigate allegations of fictitious loans, including unsupported accounts and discrepancies in repayment records. Auditors will delve into consumer data and loan origination processes to uncover any fraudulent activity, building on earlier findings that flagged possible fictitious loans ranging from 300 to 400 crore.

India's growth prospects remain strong despite external shocks affecting the economy. Erik Berglof highlights the need for resilience against climate and geopolitical risks. He notes that high US bond yields could impact emerging economies due to higher interest costs. Additionally, energy and water security are identified as critical areas needing improvement.

Economic Affairs Secretary Anuradha Thakur said trade shaped by security and geopolitical considerations could deepen global imbalances, raise capital costs and create friction. She said private investment was showing signs of revival despite tight global financial conditions, while the AI investment cycle was adding to demand for capital and debt.

Janhvi Kapoor has publicly addressed a manipulated AI video circulating online that misrepresents her image. The video was created using footage from her film Devara: Part 1 with Jr NTR. Kapoor described the circulation of such content as deeply violating and comparable to sexual assault. Actors from the Indian film industry have condemned the misuse of AI in this context.

Emergency services were on their way to the scene, the mayor said. In recent days, the Southern Bridge across the river has been struck several times by Russian drones, amid an escalation in attacks on infrastructure in the Ukrainian capital.

The Supreme Court plans to hear pleas regarding Chief Election Commissioner Gyanesh Kumar's alleged unilateral decisions and actions. Petitioners Rakesh Kumar Singh and Shailendra Mani Tripathi challenge Kumar's adherence to collective decision-making principles. They seek his suspension pending a final ruling and the appointment of officials based on consensus.

Bosses having a daughter can change not just their lives but also yours for the better. A survey found that managers whose firstborn kids were daughters were more likely to have more women being employed and their pay packets increasing. The results show that becoming a father, especially having a daughter, might change how people at work think about women in the workplace.

Iran is currently evaluating a diplomatic proposal put forth to the United States aimed at easing rising regional tensions. This proposal was conveyed by Iranian Foreign Minister Abbas Araghchi via diplomatic channels. In related news, a commercial tanker in the Strait of Hormuz suffered damage from an unidentified projectile, but fortunately, the crew remained unharmed.

Bangladesh's government is urging India to facilitate the extradition of former prime minister Sheikh Hasina promptly. State Minister for Foreign Affairs Shama Obaed Islam emphasized the need for both legal and political willingness in this process. Hasina has been living in India since fleeing Bangladesh following the July Uprising in 2024.

In a recent statement, Masayoshi Son underscored the critical importance of international unity in managing the safety risks associated with advanced AI technologies. As AI grows increasingly capable, apprehensions about the dangers in unrestricted environments intensify. The White House is at the forefront of a collaborative initiative involving 17 countries aimed at enhancing AI for scientific exploration.

Automakers including Maruti Suzuki, Hyundai, Toyota and Renault are preparing around half a dozen small hybrid vehicles for India over the next 18-24 months, drawn by lower 18% GST on compact cars and tighter CAFE 3 norms. The sub-four-metre segments strong growth is also encouraging manufacturers to pursue affordable hybrids.

Prime Minister Narendra Modi extended his congratulations to the Indian squad for their remarkable achievements at the Aichi-Nagoya Asian Games, where the nation proudly stood fourth with a tally of 85 medals. He lauded the athletes for their resilience and tenacity throughout the events. The Games witnessed the establishment of more than 350 records, including several world records.

Kumkum Anil Mohod stood out in India's stellar archery achievements during the Asian Games 2026. The Indian archery team celebrated a remarkable run, securing five gold medals and multiple podium finishes. Notable performances from Neeraj Chauhan and Sahil Jadhav showcased their exceptional skills. This campaign exemplified the team's dedication and effort, solidifying archery's status as one of India's premier sports disciplines in recent years.

In a recent meeting, the Assam Cabinet has ratified a Green Cess on vehicle ownership transfers. This initiative aligns with the introduction of a 12% recruitment reservation for ex-Agniveers residing in Assam, specifically for police and emergency roles. Furthermore, the Madhupur Satra will receive financial support of Rs 1 lakh each month.

Jitender Mann quit his lucrative IT job to pursue organic farming after a health scare. He began growing moringa and other greens on his Delhi terrace as a personal project. This small experiment eventually evolved into a successful organic farming venture with a turnover of Rs 30 lakh. Mann's journey illustrates how personal experiences can lead to significant career changes.

Sass Jordan, the celebrated Canadian rock artist, passed away at 63, leaving an indelible mark on the music industry. Her journey, beginning in Montreal's vibrant club scene, led to international success and numerous accolades. Known for her powerful voice and collaborations with leading musicians, she released several acclaimed albums and influenced a generation of singers while mentoring on Canadian Idol, proving her adaptability across musical genres throughout her career.

With an ambitious target of 8% GDP growth, India aims for Viksit Bharat by the year 2047 through innovative reforms. The government is dedicated to increasing domestic capabilities in crucial areas such as energy and manufacturing. Significant measures are being implemented to strengthen long-term finance and bolster involvement in global supply chains.

ETs roundup of the wackiest whispers in corporate corridors

The GST Council may end the IGST exemption on gold, silver and platinum imported by banks and nominated agencies, sources said. The exemption, introduced in 2017 when precious-metal imports were tightly regulated, could be withdrawn as the government seeks to curb non-essential imports and manage foreign exchange outflows.

Socrates description of Love in Platos The Symposium turns a familiar idea of romance on its head. Instead of presenting Love as beautiful, gentle and complete, he describes it as poor, rough and homeless. The unusual image comes from a lesson Socrates says he learned from Diotima, who explains Loves nature through the contrasting forces of Plenty and Poverty.

The Civil Aviation Ministry is set to hold discussions with airlines concerning the impending shift of international flights, which may take effect on October 25. There are plans to relocate these operations to Navi Mumbai airport or reduce them by a third. Airlines have expressed worries about how these alterations could affect their services and the convenience of their passengers.

The GST Council will assess various procedural reforms aimed at simplifying tax compliance for businesses. Proposed measures include enabling small e-commerce vendors to register using platform warehouses. Additionally, the input tax credit for genuine buyers will be protected even if suppliers fail to remit tax.

Alix Earle's recent comment about never reading a book triggered a broader debate regarding Gen Z and reading habits. While some studies report a decline in reading enjoyment among the youth, others show that many still identify as readers. Research indicates that Gen Z's reading preferences may include various formats like e-books, audiobooks, and fan fiction. This suggests the definition of a 'reader' is evolving in contemporary culture.

James Cameron once imagined a future where intelligent machines turn against humanity. Decades later, the Terminator filmmaker has warned that one part of that fictional nightmare may not remain purely fictional. His concern is what could happen when increasingly powerful AI is connected to weapons systems, particularly when military decisions have to be made within extremely short windows.

The GST Council is gearing up to consider a proposal regarding input tax credit for employee insurance premiums. Currently, businesses cannot claim input tax credit on insurance policies purchased for their employees. An 18 percent GST is imposed on these group insurance policies, impacting business expenses.

The GST Council is weighing changes to GST enforcement, including ending officials' arrest powers and shifting to court-ordered arrests. Criminal prosecution may be limited to cases involving more than Rs 5 crore, while routine disputes over GST interpretation could be handled through civil penalties and kept outside criminal courts.

Having a luxury bungalow in the city is usually seen as the sign that someone has really made it or reached the top in Mumbai. According to a report from the Free Press Journal, it seems that Mumbai might not be where actress Yami Gautam and her husband, Aditya Dhar, the director of Dhurandhar, will stay forever. The property is reportedly in Gohar, Mandi.

FSSAI has ordered Everest Food Products to immediately recall a batch of pre-packed cumin powder after testing found pesticide residues above prescribed limits. A referral laboratory confirmed the sample was unsafe. The regulator also suspended Creative Bakers and Confectioners licence over severe hygiene deficiencies and directed corrective action.

Invincible Season 5 is set to follow Mark Grayson after the major events of Season 4, with the fragile balance between Earth and the Viltrumites facing new challenges. As the next chapter takes shape, familiar faces could find themselves on opposite sides, while a surprising threat begins to emerge. Heres what to know about the upcoming season, its expected release window and where to watch.

Ciara took the runway by storm at Paris Fashion Week, strutting her stuff for designer Junya Watanabe while expecting her fifth child. Embracing a unique maternity style, she embraced both her growing baby bump and her identity as an artist. This bold appearance sends a clear message that women can pursue their ambitions during pregnancy, showing that motherhood and a vibrant professional life can beautifully coexist in harmony.

The International Monetary Fund has noted the potential impact of the US Federal Reserve's interest rate hikes on global markets. This situation could create challenges for emerging economies through capital flows and financing conditions. The IMF encourages India to let its exchange rate absorb shocks while focusing on maintaining domestic price stability. India's current strong economic position may help it navigate this environment effectively.

Anand Mahindra was surprised to discover Kotas Chambal Riverfront after initially mistaking visuals of the destination for AI-generated images. Stretching 2.75 km along both banks of the Chambal, the riverfront features grand ghats, fountains, promenades and cultural attractions, offering a side of Kota far removed from its famous coaching centres. Mahindra questioned why the destination remains relatively unknown and added Kota to his Wanderer list.

Paramount Syntex's Rs 82-crore IPO was subscribed 1.35 times on the second day of bidding on the BSE SME platform. The issue received bids for 82.39 lakh shares against 61.17 lakh shares on offer. The QIB portion was subscribed 119.29 times, while the retail and NII portions saw 10% and 2% subscription, respectively. The IPO closes on October 6.

This weekend, streaming service Netflix is offering a variety of movies that cater to a wide array of interests. Viewers can enjoy classic supernatural films and horror flicks, as well as a recently-released true-crime documentary feature. Several top stars -- including the likes of Robert Pattinson, Matt Damon, and Mike Flanagan -- feature in these movies.

India's continued economic resilience, supported by strong corporate performance and sustained investment activity, is now being reflected in upward revisions to the country's growth estimates by various international agencies, Saurabh Garg, Secretary, Ministry of Statistics and Programme Implementation (MoSPI), said.

Prince Harry and Meghan Markle were recently seen having a casual lunch at The Falkland Arms pub in England. This outing marks their first public appearance together in Britain since their return. They appeared relaxed and enjoyed traditional British pub food while behaving like locals in Great Tew. Their return to the UK is significant after spending six years in California, raising interest in their new lifestyle.

Former Bigg Boss 6 contestant Imam Siddique has written an open letter to Salman Khan after the actor-host referenced him while addressing Qazi Touqeers behaviour on Bigg Boss 20. Imam called the remark extremely defamatory and factually incorrect, denied ever harassing contestants with the intention of troubling them, and said the reference could damage his reputation. He has asked Salman and the Bigg Boss team for a clarification and correction on the show.