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The Economic Times

Economy / The Economic Times

In 1977, Jack Nicholson bought a 70-acre Malibu ranch; decades later, the property sold for $3.5 million, with trails and equestrian facilities and a pool

Jack Nicholson has been associated with several distinctive properties, including an expansive Malibu Beach ranch and a historic Victorian home in Aspen, Colorado. His Malibu property sold in September 2011 for just under $3.5 million and featured a lighted tennis court, putting green, swimming pool, and grotto-style spa. Nicholson also owned Aspens historic Newberry House, a five-bedroom, six-bathroom Victorian residence built in 1895. He purchased the Aspen home in 1980 with director and music

13 Sep 2026 12:04 am
Psychology says people who love to eat something sweet after every meal may be responding to a learned reward

For some people, dessert is more than the final part of a meal. It can become a familiar signal that the days demands are winding down and it is time to relax. A routine such as having tea, eating a biscuit and watching television after dinner can gradually become associated with comfort and unwinding, making the entire sequence feel like a natural transition into rest.

12 Sep 2026 11:57 pm
US envoy Sergio Gor visits Manipur, takes boat ride on Loktak Lake

US Ambassador Sergio Gor visited Loktak Lake during his Manipur trip. He met Chief Minister Yumnam Khemchand Singh and Governor Ajay Kumar Bhalla. Gor praised Manipur's natural beauty and discussed development with officials. The Chief Minister invited the Ambassador to the upcoming Sangai Festival. This event will showcase the state's diverse culture and tourism potential.

12 Sep 2026 11:56 pm
Food Fables How nomads influenced Indian cooking

The sixth World Nomad Games in Kyrgyzstan have brought attention to the traditions, sports and way of life of nomadic communities. Nomads have long been misunderstood and stereotyped by settled societies, including through myths about their food habits. Their lives have traditionally centred on herding, mobility and a deep understanding of nature. From the Van Gujjars of India to nomadic traders who carried tea, dried fruits and asafoetida from Central Asia, their legacy continues to shape food,

12 Sep 2026 11:34 pm
Tennessee turned 100 tonnes of old wind turbine blades into material for new products for automobiles, boats and construction

Based in Tennessee, Carbon Rivers has crafted an innovative technique for recycling obsolete wind turbine blades. This novel approach utilizes high temperatures without oxygen to decompose composite materials, recovering valuable glass fibre for incorporation into new products. Carbon Rivers has reclaimed more than 100 tons of blades, showcasing the effectiveness of its method. This development marks a significant stride towards tackling waste in wind energy and promoting a circular economy.

12 Sep 2026 11:30 pm
Food Fables How Turkey shows that Indian teas future might be black

Indias tea industry is facing slow domestic growth, but the article argues that the answer may lie in changing how Indians drink tea. While masala chai remains dominant, promoting plain black tea could help expand consumption, drawing inspiration from countries such as Turkey, China and Iran where tea is commonly consumed without milk.

12 Sep 2026 11:26 pm
PM Modi, UAE Crown Prince discuss new sovereign fund L'Imad, strategic cooperation; Malaysia ties reviewed

Prime Minister Narendra Modi and UAE Crown Prince Sheikh Khaled bin Mohamed discussed the role of L'Imad, the UAE's newest sovereign investment fund, in expanding bilateral ties, alongside cooperation in defence, space, nuclear energy and technology. Modi separately reviewed India-Malaysia ties with PM Anwar Ibrahim, including semiconductors, trade, defence and investment.

12 Sep 2026 11:23 pm
Psychology says people who read reviews, watch trailer or check ratings before watching a movie aren't afraid of making the wrong choice: What the behavior reveals?

Psychology says people who read reviews, watch trailer or check ratings before watching a movie aren't indecisive. They may be using information to manage risk, time and expectations before choosing a film. Reviews, ratings and trailers can help viewers decide whether a movie fits their interests. This behavior can also provide control, reduce regret and prepare the brain for the story before watching it.

12 Sep 2026 11:03 pm
Gen Z seem richer than they really are, claims Bengaluru man: They splurge Rs 500 on avocado toast but cant buy; studies say its not mindless spending

Gen Z are more likely to splurge big on treats such as avocado toasts and matcha tea than buy a home or a car. This is not just mindless buying, says experts. Such purchases often act as motivation, relief from stress and disappointments and also to cope with the fact that many Gen Z professionals are not likely to afford to buy a home or car.

12 Sep 2026 11:02 pm
Psychology says people who trust their siblings more than their parents may be seeking a different kind of emotional safety

Sibling relationships are distinctive because they are built around a shared past, familiarity and a relatively equal footing. Brothers and sisters often grow up experiencing many of the same family dynamics, childhood moments, parental expectations and significant changes in life, creating a bond shaped by memories that few other relationships can replicate.

12 Sep 2026 10:55 pm
Telangana 'Purification' row pits Congress against BRS

Congress and BJP clash over alleged stage purification incidents in Uttarakhand and Delhi. BRS legislators protested in Telangana, leading to a scuffle and alleged derogatory remarks. Congress workers marched to KCR's farmhouse to protest the offensive comments made. BRS workers then sprinkled turmeric water near the farmhouse, which Congress termed purification. Congress accused the BRS party of harboring an anti-Dalit mindset following these events.

12 Sep 2026 10:49 pm
At 16, Connecticut teen began selling homemade cookies after his grandmother showed him the struggles of children with cancer; his charity has now raised $66,331 and helped nearly 1,000 children

At 16, Connecticut teenager Vihaan Kamath turned his love of baking into a charitable mission after being inspired by his grandmother and seeing the struggles of children battling cancer. His homemade cookie fundraiser has grown into a nonprofit that has raised $66,331 and helped nearly 1,000 children, with Vihaan now working to ensure younger students continue the mission after he leaves for college.

12 Sep 2026 10:48 pm
16-year-old Massachusetts student built a machine that turns 3D-printer waste into reusable material, won $75,000 award

In Massachusetts, a resourceful student has launched a compact system aimed at addressing the challenges of 3D-printing plastic waste. His remarkable machine repurposes leftover plastic into usable filament for future projects, significantly undercutting the price of commercial recycling options. After numerous hours of development and enhancements, Benjamin Davis's innovative creation garnered him a noteworthy accolade at a renowned global science competition.

12 Sep 2026 10:45 pm
Psychology says people who can't sleep with light on aren't simply following a bedtime preference: What the behavior reveals?

Psychology says people who can't sleep with light on aren't necessarily afraid of the dark. The habit may relate to sensory processing, safety, control and the way the nervous system responds to environmental signals. Some people need complete darkness before they can relax, while others prefer light. Psychology suggests that sleep habits can reflect how the brain manages alertness, vulnerability, stress and the need for predictable surroundings.

12 Sep 2026 10:42 pm
Quote of the Day by Anthony Hopkins: Lifes too short to deal with Inspiring lessons on insecurities, emotional burdens, independence, relationships and why you should set healthy boundaries

Quote of the Day by Anthony Hopkins: Anthony Hopkins quote, Lifes too short to deal with other peoples insecurities, explores the importance of emotional boundaries, self-respect, and protecting personal peace. The quote suggests that while understanding and supporting others is important, people should not allow someone elses fears, doubts, jealousy, or insecurities to consume their time and emotional energy. It encourages individuals to focus on their own well-being rather than becoming respon

12 Sep 2026 10:40 pm
BRICS adopts New Delhi Declaration by consensus, navigates Iran-UAE divide

BRICS members adopted the New Delhi Declaration by consensus after intense negotiations. The group called for a nuclear-weapon-free zone in the Middle East. They also urged maximum restraint amid escalating regional tensions and conflicts. BRICS condemned unilateral coercive measures and reiterated their commitment to combating terrorism. The declaration stressed protecting civilians and maintaining global trade flow.

12 Sep 2026 10:36 pm
J&K Bank receives Best CSR Overall Practices Award in Bengaluru, MD & CEO reiterates commitment for inclusive and sustainable development

Jammu and Kashmir Bank received a national award for its corporate social responsibility practices. The bank's commitment to sustainable social development was recognized at a Bengaluru event. J&K Bank has invested ninety-six crores in societal upliftment over three years. Its CSR programs focus on healthcare, education, and livelihood generation. The bank continues to expand its reach and deepen its social impact.

12 Sep 2026 10:35 pm
BRICS formed to end US sanctions, break totalitarianism: Iranian President Pezeshkian

In an exclusive interview with India Today on the sidelines of the 18th BRICS Summit in New Delhi, Pezeshkian emphasised that BRICS aims to break the otalitarianism of the United States, positioning the bloc as a direct challenge to Washington's ability to impose economic restrictions on nations at its own discretion.

12 Sep 2026 10:34 pm
BRICS countries reaffirm commitment to combat corruption, welcome cooperation on fugitive offenders

BRICS countries on Saturday reaffirmed their commitment to combat corruption, welcoming new mechanisms to trace fugitive offenders and strengthen asset recovery. The New Delhi Declaration backed an Expert Network on Asset Recovery and an informal cooperation repository, while encouraging greater coordination among law enforcement agencies and implementation of international anti-corruption agreements.

12 Sep 2026 10:31 pm
Quote of the day by Tyra Banks: 'Stop saying these negative things about yourself. Look in...'- self-love & positivity quote by America's Next Top Model creator teaches inspiring life lessons on why celebrating yourself is better than focusing on flaws

Tyra Banks' inspiring quote today: Tyra Banks inspires individuals with her profound words on self-acceptance, urging them to silence the inner critic and focus on their strengths. Starting her journey at age fifteen as a model and later becoming a prominent television host for shows such as America's Next Top Model and America's Got Talent.

12 Sep 2026 10:13 pm
US determines anti dumping, countervailing duty on Indian solar cells, panels

The US has finalized duties on solar cells and panels imported from India. Anti-dumping and countervailing duties were set for several Indian companies. Investigations into crystalline silicon photovoltaic cells are ongoing. The US International Trade Commission will determine injury to American manufacturers. This development occurs as India and the US negotiate a bilateral trade agreement.

12 Sep 2026 9:56 pm
Psychologists say those who eat rice are psychologically different than wheat eaters; heres why they are more likely to be loyal friends and spouses

Eating rice is heavily discouraged by fitness experts these days due to its high glycaemic index, which can create spikes in blood sugar levels and also negatively impact weight management. However, one study found that although rice can make people sleepy and more likely to be obese, it can also make people loyal.

12 Sep 2026 9:44 pm
Air India pilot found dead in Delhi hotel; police rule out foul play

An Air India pilot died in a Delhi hotel room during a layover. He was found unconscious and unresponsive by hotel staff on September 11. Police are conducting inquest proceedings and have ruled out any foul play. The pilot was undergoing conversion training for Boeing 787 aircraft operations. Air India expressed deep sadness and is supporting the pilot's family.

12 Sep 2026 9:39 pm
US judge rules that Trump plan to halve FEMA workforce violated law

A US judge ruled the Trump administration unlawfully cut FEMA's workforce. The Department of Homeland Security usurped FEMA's authority over its personnel. This action violated a federal law enacted after Hurricane Katrina. The judge found the department acted unlawfully by stopping contract renewals. Remedies and penalties for this ruling will be addressed next month.

12 Sep 2026 9:24 pm
Two 14-year-old Arizona schoolboys built robot to remove microplastics from water using LEGO, duct tape and pool noodles

Two Arizona students created a robot to remove microplastics from waterways. Their invention, MP Guard, uses common items like LEGO and pool noodles. This notebook-sized robot skims the water's surface and collects tiny plastic particles. The students hope their technology can eventually be tested in ocean environments. Their project demonstrates how young inventors can address significant environmental challenges.

12 Sep 2026 9:19 pm
Finance Minister meets AIIB chief and discusses opportunities to further deepen ties

Finance Minister Nirmala Sitharaman met AIIB President Zou Jiay in New Delhi. They discussed deepening the India-AIIB partnership and infrastructure priorities. Support for transport connectivity and local-currency financing was also explored. Increased private sector participation and AIIB's global presence were key topics. The meeting occurred on the sidelines of the BRICS Summit.

12 Sep 2026 8:53 pm
Leaders of BRICS countries call for stronger cooperation in health, endorse initiatives on tuberculosis

BRICS leaders agreed to strengthen health cooperation and share best practices. They endorsed initiatives focusing on tuberculosis and digital healthcare systems. Leaders also supported efforts for healthy lifestyles and mental well-being programs. Pandemic preparedness and response capacities were emphasized by the group. Cooperation on traditional medicine and health workforce development was also highlighted.

12 Sep 2026 8:38 pm
Vikas Khanna was once homeless, with just $3 in his pocket. However, it was after establishing Michelin-starred restaurant, he felt empty: It broke my heart

Once homeless, Vikas Khanna was forced to stay in the New York Rescue Mission. The famous chef talked candidly about his period of struggle in an interview with DJ and street journalist Isaac Hindin Miller. Khanna talked about how he went from being homeless to establishing himself as an influential name in the food ecosystem.

12 Sep 2026 8:33 pm
US finalises levies on solar cell imports from India, Indonesia, Laos

The US Commerce Department has finalised anti-dumping and countervailing duties on solar cells and panels from India, Indonesia and Laos, citing unfair subsidies and harm to US manufacturers. Indian producers face a 123.04% anti-dumping margin and 126.09% countervailing duty. The USITC will make a final injury determination by October 14.

12 Sep 2026 8:24 pm
Booking.com leases 1.11 lakh sq ft in Bengaluru

Booking Holdings has leased over 111,525 square feet of office space in Bengaluru. This expansion increases their total office footprint in the commercial tower to 2.65 lakh square feet. The company secured this new space through a five-year lease agreement with RMZ Hotels. This transaction highlights continued demand for large office spaces from global companies. Bengaluru remains a key market for multinational corporations expanding their operations.

12 Sep 2026 7:57 pm
Quote of the Day by John Travolta: Money and power come as a byproduct of Inspiring lessons on wealth, hard work, recognition, achievement and why you should let your work speak for you

Quote of the Day by John Travolta: John Travoltas quote, Money and power come as a byproduct of things well done, explores the importance of excellence, dedication, and meaningful work in achieving success. The quote suggests that financial rewards, influence, and recognition often follow naturally when a person focuses on doing things well, creating value, and maintaining a commitment to quality rather than pursuing money and power as the primary goals.

12 Sep 2026 7:53 pm
Gem, jewellery exports rise 3.14% to $2.30 bn in August despite weak demand

India's gem and jewellery exports grew in August, with studded gold jewellery exports surging significantly. Cut and polished diamond exports saw volume increases, though realisations remained a pressure point. Plain gold jewellery exports declined sharply due to higher gold prices and input costs. Other value-added categories like platinum and lab-grown diamonds also recorded strong growth. This trend highlights a shift towards finished and value-added jewellery in India's export profile.

12 Sep 2026 7:51 pm
BRICS leaders oppose 'punitive, discriminatory' carbon border taxes

BRICS leaders opposed unilateral measures like carbon border adjustments. They agreed to expand cooperation on intellectual property rights and AI applications. Leaders also emphasized resilient and inclusive global value chains for trade. They will explore policy levers to enhance intra-BRICS trade and connectivity. BRICS members aim for equitable participation in global manufacturing segments.

12 Sep 2026 7:51 pm
Cristiano Ronaldos $7.4 million Cheshire estate cut to $6.7 million after struggling to find a buyer: What the 23-acre mansion includes and why the football star left

Despite its luxurious appeal, Cristiano Ronaldo's $7.4 million grand estate in Cheshire struggled to find a willing buyer. Initially set at a staggering price exceeding seven million dollars, the asking amount was drastically reduced to $6.7 million. The 23-acre mansion has seven bedrooms and six bathrooms with over lavish amenities. But later on, Ronaldo moved out of the property.

12 Sep 2026 7:51 pm
This man left vice president and executive producer position at Warner Bros., Then left corporate life to become a carpenter and welder

Steven Greene made a bold leap from a top Hollywood executive position to embrace the hands-on world of carpentry and welding. This shift ignited his passion for writing, leading him to craft novels and screenplays. Greene later returned to the business realm, establishing and successfully selling various small companies. As a published author and screenwriter, his career trajectory brilliantly illustrates that success transcends conventional corporate titles.

12 Sep 2026 7:13 pm
CA reveals how Marwari women manage and save money expertly without MBA degrees: Her kitchen is her business school. Stale parathas are'

In a viral video, entrepreneur and chartered accountant Ankit Agrawal discussed how Marwari women are the backbone of the community and are adept at financial management without an MBA. He revealed how these women have several creative hacks to reduce excessive expenditure and run the household on a fixed budget without compromising on lifestyle.

12 Sep 2026 7:07 pm
BRICS for immediate restoration of fully functioning WTO dispute settlement system

BRICS leaders strongly advocate for restoring the WTO dispute settlement mechanism. They committed to strengthening the organization through necessary reforms and negotiations. The Appellate Body's functioning stalled after the US blocked member appointments. Developing nations believe a two-tier system is fundamental for dispute resolution. BRICS members will engage constructively in WTO reform discussions.

12 Sep 2026 6:45 pm
You don't need big budget to start a terrace garden. Here are 6 low-maintenance vegetable plants to grow at home for under Rs 500

Terrace gardening is an inventive solution for anyone wanting to cultivate fresh vegetables on a budget. By repurposing old buckets and containers into planters, individuals can embark on this eco-friendly gardening journey. While the primary expenses include seeds and soil, it's possible to grow a variety of vegetables, including okra and methi, bringing nutritious produce to urban dwellers, all while making use of otherwise neglected spaces.

12 Sep 2026 6:07 pm
Cochin Shipyard Ltd and Drydocks World form joint venture to strengthen Indias ship repair industry

Drydocks World and Cochin Shipyard Limited have formed a joint venture. This partnership will operate and expand the International Ship Repair Facility in Cochin. The collaboration aims to enhance India's ship repair capabilities and create new opportunities. This venture combines global expertise with strong domestic experience. It will strengthen Cochin's position as a key maritime services hub.

12 Sep 2026 5:59 pm
BRICS leaders push faster, cheaper cross-border payments, deeper use of local currencies

BRICS leaders are calling for faster and cheaper cross-border payments among member nations. They also support greater interoperability between national payment and messaging systems. The group encourages the BRICS Payment Task Force to continue its work on these initiatives. Iranian President Pezeshkian advocated for reduced dependence on dominant currencies. Measures were outlined to strengthen intra-BRICS trade and investment cooperation.

12 Sep 2026 5:52 pm
RVNL achieves 41st tunnel breakthrough in Rishikesh-Karnprayag rail project

Rail Vikas Nigam Limited achieved a significant breakthrough with Escape Tunnel 1 on the Rishikesh-Karnprayag rail line. This marks the forty-first tunnel breakthrough, completing the second-longest tunnel of the ambitious project. The tunnel construction navigated challenging Himalayan geological conditions and fault lines effectively. With forty-one breakthroughs now complete, the project progresses steadily towards its final goal. Remaining breakthroughs are anticipated within the next year,

12 Sep 2026 5:42 pm
HDFC Bank submits two names to RBI for CEO post, strengthens board-level leadership

HDFC Bank has submitted two preferred candidates for its next MD and CEO to the Reserve Bank of India. The bank's board approved these candidates and their remuneration for a three-year term. V Srinivasa Rangan will be reappointed as an executive director for one year. Jimmy Tata, currently chief credit officer, is also appointed as an executive director.

12 Sep 2026 5:09 pm
Kim Kardashians Invisible shower: How to recreate her minimalist bathroom look in your home. Here's what you need

Kim Kardashian's Hidden Hills mansion showcases a unique invisible shower design. This shower seamlessly integrates into the bathroom's architecture, reflecting a minimalist aesthetic. The design aligns with a broader trend of concealed fixtures and architectural focus in modern bathrooms. Kardashian's home, designed with Axel Vervoordt, embodies a minimal monastery philosophy. This approach emphasizes scale, muted colors, and clean lines for a luxurious feel.

12 Sep 2026 5:03 pm
HDFC Bank sends two names to RBI for Jagdishans successor as MD & CEO

HDFC Bank's board has recommended two candidates for the next MD and CEO role. These proposed appointments are for a three-year term, pending regulatory approval. The bank also approved reappointment of V. Srinivasa Rangan as Executive Director. Jimmy Tata was also appointed as a Whole-time Director, subject to central bank approval. An additional Whole-time Director position will be created for improved oversight and succession planning.

12 Sep 2026 4:58 pm
Luxury hotel in Montenegro was once a WWII concentration camp with gasoline barrels as toilets. Now turned into a 32-room resort with swimming pools, spa, and gym

An expensive hotel in Montenegro that is meant to attract high-value guests and patrons and has established itself as a stronghold of luxury and fashion was once a place marked by human suffering and death it was a concentration camp. A place that had once seen prisoners facing brutal deaths in World War II is now the ultimate seaside getaway.

12 Sep 2026 4:55 pm
AstraZeneca's breast cancer drug fails in late-stage trial

AstraZeneca's breast cancer drug Etcamah did not meet its main goal in a late-stage trial. The drug showed only a numerical improvement when combined with palbociclib. This marks a setback for the recently approved treatment, which received accelerated approval. U.S.-listed shares of AstraZeneca experienced a decline in aftermarket trading. Trial data will be shared by the company in due course.

12 Sep 2026 4:24 pm
Food regulator directs Nilgiri Oil and Allied Industries, Aquagri to recall 2 products

Food regulator FSSAI has ordered immediate recalls of two products from the market. Nilgiri Oil and Allied Industries must recall its coriander powder due to pesticide residues. Aquagri Processing's carrageenan product is recalled for safety concerns regarding cadmium. Lab testing found both products unsafe and not conforming to standards. FSSAI has increased enforcement actions against food businesses recently.

12 Sep 2026 4:13 pm
Gen Z doesnt work? Employee says he was still in office at 1 am as entire floor went home

A dedicated Gen Z employee found himself burning the midnight oil to finish month-end tasks solo. He pondered the implications of being overly essential at his job, realizing that recruiters appreciated his talents far more than his present employer did. Management's lack of providing a backup resulted in him bearing the entire workload. Ultimately, this experience taught him the importance of acknowledging his skills while setting firm boundaries in life.

12 Sep 2026 4:01 pm