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The Economic Times

Economy / The Economic Times

Car registrations plunge 22% this Navratri

Mumbai: Even as carmakers said deliveries this Navratri were robust, car registrations declined sharply, according to provisional data from the Federation of Automobile Dealers Associations (FADA). Passenger vehicle registrations fell 21.9% to 1.83 lakh units between October 11 and 20, the steepest drop among all vehicle categories.The fall largely reflects a high base. Last year's Navratri coincided with the rollout of GST 2.0, after sales had come to a standstill for half of August and almost

22 Oct 2026 12:01 am
13-year-old Kaia Minn uses orange peels to develop biodegradable seed pods that could help restore forests

A 13-year-old teen girl from Massachusetts, Kaia Minn, has developed biodegradable seed pods using discarded citrus peels and other plant-based materials after being inspired by wildfire reports from California and Canada. The pods are designed to protect seeds during early growth before decomposing naturally, with potential applications in forest restoration, agriculture and gardening. Further outdoor testing is needed to establish their effectiveness.

21 Oct 2026 11:00 pm
Multiple websites go offline after critical PHP security flaw; FBI urges immediate updates. Here's what you should do

In light of critical vulnerabilities discovered in PHP, numerous websites have been taken offline. The FBI has strongly recommended that organizations either update their PHP installations or disconnect vulnerable systems. Cybersecurity experts warn that these flaws pose a significant risk of data theft and cyberattacks. In response, website administrators are implementing urgent maintenance. Users are encouraged to exercise caution and adhere to online safety protocols.

21 Oct 2026 10:58 pm
Meta ordered to pay New Mexico $25 billion after jury finds it deceived Facebook users about privacy

Jurors in September found Meta liable for over 43 million violations of New Mexico consumer protection laws when a political consulting firm, Cambridge Analytica, harvested Facebook user data to generate targeted political ads for the 2016 election.

21 Oct 2026 10:57 pm
Supreme Court upholds Shree Naman Developers' acquisition of Bengaluru, Pune hotel under NCLT proceedings

The Supreme Court has upheld insolvency proceedings against Gstaad Hotels and Neo Capricorn Plaza. This decision arises while clarifying that disputes over outstanding debt do not prevent corporate insolvency resolution. The National Company Law Tribunal approved resolution plans exceeding the companies' admitted liabilities. Challenges to these proceedings were rejected, emphasizing that historical defaults occurred despite arguments on financial management. The ruling maintains the legality of

21 Oct 2026 10:35 pm
He earns Rs 3 lakh monthly but Rs 15 lakh car is unaffordable: One money management trap that makes even high earner struggle financially

A man earning an estimated Rs 3 lakh a month cannot comfortably afford a Rs 15 lakh to Rs 18 lakh car because much of his income is committed to a home loan EMI, mutual fund SIPs and regular expenses. His situation, shared by a Reddit user, led to a debate about whether high earners are financially struggling or simply prioritising wealth creation over spending

21 Oct 2026 10:19 pm
Mumbai Port invites global bids for Rs 922.67 crore marina at Victoria Dock

Mumbai Port Authority has initiated a global bidding process for the Viksit Bharat Mumbai Marina project. This project, estimated to cost Rs 922.67 crore, will be developed using the DBFOT model. It encompasses a water area of 37.3 hectares and aims to accommodate 604 yachts at full build-out. Marine works such as breakwater construction and dredging are already underway as per the submitted plans.

21 Oct 2026 10:10 pm
Ranbir Kapoor says Dussehra represents defeat of truth and righteousness in viral clip. Netizens quip: Hes unfortunately

He intended to convey that Dussehra symbolises the triumph of good over evil and the eventual defeat of wickedness. However, his verbal slip soon attracted widespread attention online, with the video rapidly circulating across social media platforms and sparking reactions from internet users.

21 Oct 2026 10:09 pm
FSSAI notice to Nestle, Abbott, Nutricia, Mead Johnson, influencer Ira Johnson on illegal advertising on Instagram

In a social media post on Wednesday, the Food Safety and Standards Authority of India (FSSAI) said it also issued notices to Ira Fathima, Nutricia International and Mead Johnson Nutrition (India).

21 Oct 2026 10:07 pm
NaBFID gets Finance Ministry, RBI nod for national infrastructure project repository

NaBFID has obtained approvals from the finance ministry and the Reserve Bank of India to establish a national repository. This repository will offer consolidated information on infrastructure projects for lenders and investors. The platform aims to facilitate access to data sourced from various government agencies like NHAI and others. NaBFID is considering partnerships with financial institutions to enhance the repository's effectiveness.

21 Oct 2026 9:57 pm
Im the one who has to live with that... Prince Harry reveals his biggest regret over the final phone call with Princess Diana

Prince Harry opened up about his last phone call with Princess Diana before her untimely death. He regrets the brevity of their conversation and wonders how different it might have been. Harry also shared how fatherhood changed his understanding of grief and emotions. He expressed a desire to help others process their own grief through his experiences.

21 Oct 2026 9:57 pm
I&B ministry cautions TV channels against AI misuse, calls for stronger editorial oversight

The Ministry of Information and Broadcasting has issued an advisory regarding AI use in news broadcasts. It cautioned channels to strengthen editorial oversight while adhering to the Programme Code. Concerns were raised about similar broadcasts and violations relating to sensitive content coverage. Broadcasters are encouraged to undertake regular training for editorial staff to ensure compliance. Violations of the Programme Code could lead to regulatory actions under applicable laws.

21 Oct 2026 9:47 pm
Celebrity-endorsed TV ad volumes fall 17% as sports stars gain ground

Celebrity-endorsed television ad volumes saw a 17% decline from last year in January to September. Shah Rukh Khan and Mahendra Singh Dhoni stood out as the most visible celebrity endorsers. Film actors accounted for 65% of endorsed ads, while sports personalities increased their share from 19% to 28%. Food and beverages led in advertising volume, with toilet and floor cleaners attracting the most attention.

21 Oct 2026 9:44 pm
We have to change the conversation from media costs to business value: Publicis Media's Lalatendu Das

India's advertising sector is experiencing a transformative phase driven by innovations in artificial intelligence and the rise of the creator economy. Marketers are prioritizing agencies that provide tangible business outcomes over mere media optimization. As a result, there is a transition in advertising budgets from traditional celebrity endorsements to content created by influencers.

21 Oct 2026 9:17 pm
Sigma OTT release date update: When and where to watch CM Vijay's son Jason Sanjay's debut Tamil movie as a director

Sundeep Kishan and Faria Abdullahs Tamil action entertainer Sigma is awaiting its digital debut after releasing in theatres on October 2, 2026. Directed by Jason Sanjay, son of actor-turned-politician Vijay, the film follows a treasure hunter who assembles a team for a big heist after being betrayed. Featuring a mix of action, adventure and comedy, the film also stars Raju Sundaram, Sampath Raj and Shiv Panditt in supporting roles.

21 Oct 2026 9:05 pm
Pennsylvania couple transform abandoned 1893 Catholic church into a 3,420 sq-ft family home with a kitchen where altar once stood, and choir loft turned into a bedroom

In Landenberg, Pennsylvania, a couple has transformed a historic Catholic church into a modern family home. This church, which dates back to 1893, has retained its original architectural details after renovation. The former altar area now features a kitchen, while the choir loft has become a main bedroom. The renovation has improved energy efficiency through a geothermal heating system and updated insulation.

21 Oct 2026 8:57 pm
No IIT, IIM: Lucknow techie quit Rs 1 crore job in Dubai. How her mother's diabetes diagnosis lead her to build a brand that generated more than Rs 2 crore per year

Aarohi Surya left her annual job in Dubai that paid Rs 1.1 crore to start Dancing Cow, a plant-based oat milk brand, in India in 2022. Co-founded with her partner, Anmol Goel, and supported by Rs 65 lakh in personal funds, the startup achieved Rs 2.2 crore in revenue for FY25, catering to more than 1.25 lakh customers.

21 Oct 2026 8:46 pm
RBI imposes restrictions on Puducherry Co-op Urban Bank, caps withdrawals

The Reserve Bank of India imposed restrictions on Puducherry Co-operative Urban Bank due to financial instability. Customers are limited to withdrawals of Rs 5,000 over the next six months. The bank's recent lack of compliance with supervisory concerns prompted these regulatory actions. Eligible depositors can claim up to Rs 5 lakh through the Deposit Insurance and Credit Guarantee Corporation.

21 Oct 2026 8:42 pm
Ramayana: Part One to arrive on JioHotstar via pay-per-view after theatrical run

JioHotstar has announced a partnership with Prime Focus Studios for Ramayana: Part One's pay-per-view release. The film will premiere in cinemas worldwide on November 5, 2026, coinciding with Diwali celebrations. It will be available in multiple languages, including IMAX 3D format, enhancing viewing experiences. After its theatrical run, audiences can purchase access to the film on JioHotstar.

21 Oct 2026 8:38 pm
Govt flags Programme Code violations by TV channels, urges caution on AI use

The Ministry of Information and Broadcasting has issued an advisory to private television channels regarding compliance with the Programme Code. Channels are urged to exercise caution in their use of artificial intelligence for news content production. Strict adherence to statutory provisions is emphasized following observed violations by various channels in past broadcasts. Additionally, the ministry reiterated prohibitions on inappropriate content and live coverage of anti-terrorist operations

21 Oct 2026 8:33 pm
RBL Bank evaluates broking, MF foray as part of expanding capital market activities

Making it clear that no decision has been reached on the subject, its managing director and chief executive R Subramaniakumar said the bank, a subsidiary of UAE's Emirates NBD, will see which activities can be done internally, which can be handled at the group level and the separate units which it needs to form.

21 Oct 2026 8:23 pm
She studied English literature before founding Anthropic. Daniela Amodei's unusual journey to one of the richest AI professional with net worth of $15 billion

Daniela Amodei, the co-founder and president of Anthropic, studied English literature at the University of California, Santa Cruz before building a career in recruiting, risk management and AI safety. After working at Stripe and OpenAI, she co-founded Anthropic in 2021 with her brother, Dario Amodei, and other former OpenAI employees.

21 Oct 2026 8:18 pm
Inflation remains top of mind, MPC minutes show

RBI's monetary policy committee has increased the benchmark repo rate by 25 basis points due to inflation concerns. Core inflation has shown an upward trajectory, indicating a normalization from earlier benign levels. Various members expressed views on external supply shocks impacting inflation expectations and the need for timely policy adjustments. The differing opinions highlight the complexities of achieving growth while managing inflation effectively.

21 Oct 2026 8:13 pm
Railways maintains punctuality amid heavy demand

New Delhi: Despite heavy demand, Indian Railways continues to take its passengers safely, comfortably and with consistent and increased punctuality. This is being done through improved monitoring, timetable rationalisation, better maintenance and infrastructure upgrades.The railways said that it has improved from 69.2% in 2018-19 to 77.43 in 2025-26 & 77.11% in 2026-27 (till now) if punctuality data are taken into consideration. It said that consistent performance on more than 77 per cent punctu

21 Oct 2026 8:05 pm
IHCL reports revenue from operations of Rs 2484 cr for Q2, PAT at Rs 380 cr

Indian Hotels Company Limited has announced a revenue of Rs 2484 crore for the second quarter. The company expects to surpass its goal of a 700-hotel portfolio under the Accelerate 2030 initiative. Earnings before interest, taxes, depreciation, and amortization stood at Rs 788 crore, showcasing a strong performance. IHCL plans to open 30 new hotels in the fiscal year's second half, adding to its existing portfolio.

21 Oct 2026 7:57 pm
Slow Horses season 6 finale recap: Major deaths, River Cartwrights fate and ending explained; everything you need to know

In the gripping season finale of Slow Horses, the Slough House crew confronts perilous situations that lead to devastating consequences. River Cartwright suffers an alarming collapse due to apparent poisoning, casting doubt on his survival as the episode draws to a close. Jackson Lamb crafts a clever scheme to redirect blame from a risky operation, determined to shield his colleagues.

21 Oct 2026 7:49 pm
Z sharpens its content strategy with a strong slate of non-fiction offerings across languages

Zee Entertainment Enterprises Ltd. is set to enhance its non-fiction programming strategy significantly. The company aims to broaden its innovative formats while introducing flagship franchises in various languages. Upcoming offerings include cookery shows and celebrity talk shows hosted by popular figures. Additionally, the company will continue its successful formats that resonate with audiences across multiple markets. This move is designed to engage viewers actively and create memorable ente

21 Oct 2026 7:35 pm
Renewable Energy Expo, Battery Show to bring over 1,080 exhibitors to Greater Noida from Oct 22

The Renewable Energy India Expo, along with The Battery Show India, will take place from October 22-24. This event will host over 1,080 exhibitors and 54,000 industry professionals at India Expo Mart in Greater Noida. Participants will include key domestic and international companies in renewable energy and battery technologies.

21 Oct 2026 7:33 pm
Railway employees demand online filing of travel, overtime claims as divisions flag high amounts

Some divisions and zones, including North Central Railway (NCR) and Bhavnagar Division of Western Railway, have already introduced online systems that allow employees to file TA and OT claims digitally and track their status, facilitating verification and faster settlement.

21 Oct 2026 7:20 pm
She rejected IIM for baking: How Megha Sarayan built a Rs 2 crore per year business with just Rs 5,000 and secured Rs 1 crore on Shark Tank India

Though obtaining an MBA from an Indian Institute of Management is a goal for many, Megha Sarayan opted for an alternate route. The University of Calcutta economics alumnus turned down an offer from IIM Kozhikode after successfully passing the entrance exam and intensive interviews. Instead, she concentrated on expanding her baking business, which now allegedly earns more than Rs 2 crore each year.

21 Oct 2026 7:07 pm
Kate Middleton pays subtle tribute to Princess Diana with her favourite tiara at the Oman state banquet

During a prestigious state banquet at Windsor Castle, Kate Middleton made a striking appearance in a vibrant yellow gown by Elie Saab. Adding a touch of history, she accessorized with the Lover's Knot Tiara, previously worn by Princess Diana. This banquet welcomed Sultan Haitham of Oman, marking his first state visit in 44 years, and emphasized the enduring diplomatic relationship between the two nations.

21 Oct 2026 6:38 pm
AI data center projects boost US warehouse demand and rents, real estate company JLL says

AI data center construction projects, particularly near Dallas/Fort Worth and Washington, DC, are generating new demand for warehouse space and helped send rents higher in the third quarter, real estate services company JLL said on Tuesday.

21 Oct 2026 6:32 pm
Extent of rate hike cycle to depend on growth-inflation outlook: RBI Governor

Reserve Bank of India (RBI) Governor Sanjay Malhotra said the duration and extent of the rate hike cycle will be contingent on the actual growth-inflation developments and outlook. The governor and other five Monetary Policy Committee (MPC) members voted to raise the repo rate by 25 bps to 5.5 per cent. The rate was hiked after a gap of nearly four years. He noted that there are increasing signs of generalisation of inflation.

21 Oct 2026 5:56 pm
Apple iPhone Duo review: Five days with Apple's first foldable is it worth Rs 3 lakh?

Apple iPhone Duo review after five days of use examines whether Apple's first foldable smartphone justifies its starting price of Rs 2,99,900. The device impresses with its premium build, vibrant displays, smooth performance and excellent battery life, which can last up to two days with light usage. However, third-party app optimisation needs improvement, multitasking remains limited, and the absence of a dedicated telephoto camera is a drawback. While the iPhone Duo offers an enjoyable foldable

21 Oct 2026 5:48 pm
Indias economy stays resilient at 7.1%, but rising inflation raises a red flag, says RBI's Sanjay Malhotra

The Indian economy is projected to maintain a growth rate of 7.1% for the year 2026-27. This projection is an increase from the previously estimated 6.7%. RBI governor Sanjay Malhotra noted that inflationary pressures are rising, which could impact the growth outlook. Despite turbulent global conditions, India's economic resilience has been remarkable according to the governor.

21 Oct 2026 5:43 pm
When AI makes 'money irrelevant' what happens? Elon Musk answers how humans will stay 'happy' in a future with automation and space travel

Elon Musk believes advances in artificial intelligence, robotics and space travel could eventually make conventional money less important by transforming the global economy. Speaking to Walter Isaacson on The Builders podcast, the Tesla and SpaceX CEO said people would find ways to be happy even if they no longer needed to work, comparing the possibility to retirement. Musk also predicted that digital superintelligence could significantly increase global economic output.

21 Oct 2026 5:40 pm
Rubio tours Jamnagar as US courts Reliance

Jamnagar, Gujarat: Almost the entire Ambani family led by billionaire tycoon Mukesh Ambani welcomed the US Secretary of State Marco Rubio at Jamnagar on Wednesday, as he began a tour of the world's largest single-site refinery.Rubio arrived in Jamnagar a day after calling India a crude-refining superpower and urging more processing of Venezuelan crude there.The day also included a visit to Reliance's Vantara animal-rescue centre and giga factories being developed by the conglomerate.— USAm

21 Oct 2026 5:34 pm
New policy in works to boost agrivoltaics in India; enhance farmers' income via energy generation

India's government is formulating a policy to enhance the adoption of agrivoltaics across the country. This initiative aims to increase farmers' income by combining agricultural production with solar energy generation. States with significant agrivoltaic potential include Maharashtra, Rajasthan, and Madhya Pradesh, accounting for nearly half of India's cropland suitable for this practice.

21 Oct 2026 5:29 pm
Anthropic to commit 5% of its shares worth billions for public benefit. Who will gain from the money?

Anthropic plans to commit 5% of its shares to a new public benefit fund that could be worth billions of dollars as the AI company grows. The fund may support nonprofits, people affected by AI-driven job disruption and other public interest initiatives. The companys board could approve additional share allocations as its valuation rises.

21 Oct 2026 5:26 pm
Prince Harry reveals why he moved back to England with Meghan Markle and their children after six years in the US

Prince Harry revealed his reasons for returning to the UK, emphasising children's education and family connections. He expressed importance in raising his children in Britain while also mending strained relationships with his family. The return marks a significant change from earlier tensions within the royal family since stepping back from royal duties. While his relationship with King Charles III seems to improve, issues with Prince William remain unresolved.

21 Oct 2026 5:21 pm
Motor third-party insurance growth slows to 9%; Kotak flags possible impact of SC compensation ruling

Motor third-party insurance premiums exhibited a sluggish growth rate of 9 percent year-on-year in September 2026. Insurers have reportedly reduced focus on this segment due to a Supreme Court ruling on compensation for homemakers. The overall motor insurance premiums saw a rise of 13 percent during the same month. SBI General Insurance demonstrated stronger performance compared to other private insurers in the third-party segment.

21 Oct 2026 5:18 pm