The Economic Times

Hyundai Motor India announced plans to invest Rs 11,000 crore at its Pune facility in phases. This investment aims to expand manufacturing capacity and enhance industrial development in the region. The Pune plant currently has an annual capacity of 170,000 units, which will increase to 320,000 by 2030. This investment follows Hyundai's earlier commitment of $15.5 billion for a comprehensive strategy over seven years.

The Indian government is evaluating a proposal to restrict foreign direct investment in the tobacco sector. This initiative aims to tighten FDI regulations related to licenses, trademarks, and management contracts. Previous efforts to enhance these norms faced challenges from tobacco farmers' associations. The proposal is crucial as India aims to comply with the World Health Organization's regulations on tobacco control.

Leela Palaces Hotels & Resorts achieved a revenue of Rs 412 crore in quarter two of FY27. This reflects a 33% increase compared to the same quarter last year. The net profit for the quarter also rose to Rs 95 crore, demonstrating strong performance. Average daily rates increased by 30%, indicating robust demand across various customer segments.

A Sydney-based currency trader was fired after his employer tracked his work laptop to a Singapore hotel while he claimed to be working from home in Australia. Charles Graham had earlier been denied permission to work from Singapore for a year. His manager asked the IT department to use its FBI skills to locate him after he failed to return from a holiday as scheduled.

India's trade deficit with China has climbed to USD 105.93 billion in the initial nine months of this year. However, it is noteworthy that Indian exports to China saw a remarkable increase of 40.7 percent during this timeframe. Overall, bilateral trade has expanded by 25.4 percent, as Chinas exports to India have also increased.

Ted Turner, motivated by a childhood encounter with a National Geographic article, embarked on his passionate journey of conservation by starting a bison herd. As he built a formidable media empire, he expanded his vision by acquiring extensive ranchlands for wildlife preservation and ecosystem rejuvenation. Turner's legacy showcases his dedication to eco-capitalism, while he actively contributed to the survival of numerous endangered species and habitat restoration across diverse environments.

In September, India's gem and jewellery sector saw a notable rise in exports, driven by a robust appetite for studded gold jewellery and lab-grown diamonds. Total exports climbed to $2.95 billion, showing resilience against global trade challenges.

Reliance Consumer Products has launched Joyland flavoured milk in Tamil Nadu at 20, entering India's growing ready-to-drink dairy beverage market dominated by brands such as Amul, ITC, Mother Dairy and Cavin's. Available in Strawberry and Vanilla and other flavours, Joyland expands Reliance's consumer goods portfolio beyond Campa soft drinks. India's flavoured milk market is projected to reach 8,360 crore in 2026.

Guru Randhawa will perform at New Delhis Jawaharlal Nehru Stadium on December 12, 2026, with The Sirra Era Live In Concert. The show marks his first solo stadium performance and major live engagement in the capital since 2023. Announcing his return, the singer reflected on his private struggles, independent music journey and gratitude towards fans, calling the concert a homecoming dedicated to his day ones.

The Cabinet Committee on Economic Affairs has approved the strategic sale of IDBI Bank to a Fairfax Group arm, Union Minister Ashwini Vaishnaw said. The government and Life Insurance Corporation of India will retain a combined 34% stake in the restructured entity. Vaishnaw called it Indias largest financial-sector FDI.

Norwest has made a noteworthy investment of over Rs 300 crore in SILA Properties, valuing the company at Rs 1,000 crore. This strategic funding marks a pivotal growth equity move within India's real estate arena. SILA intends to leverage this capital for land acquisitions and the development of luxury residential properties in Mumbai and Alibaug, with aspirations to attract more institutional investment through tailored platforms.

The Union Cabinet on Wednesday approved a 78-day bonus worth Rs 2,009 crore for at least 11.4 lakh employees, with Union minister Ashwini Vaishnaw describing the payout as a Diwali gift for them.

Mamata Banerjee condemned the arrest of Cockroach Janata Party leaders by Delhi Police for alleged trespassing. She expressed solidarity with the youth, assuring them of her support against government oppression. Banerjee highlighted the need to protect democratic rights and accused the government of silencing dissent. Opposition leaders from various parties also criticised the government's actions regarding the arrests.

Mizoram plans to enhance tourism's contribution to its economy by leveraging cultural and natural assets. The government is executing tourism infrastructure projects worth over Rs 681.16 crore to support this initiative. Targeting to welcome 10 lakh visitors by December 31, local benefits are prioritized alongside visitor numbers. Various tourism events are scheduled to attract a diverse range of tourists throughout the year.

Cisco's leadership is focusing on expanding its silicon design team in India due to available talent. The company has successfully implemented a meaningful manufacturing strategy, showcasing its commitment to the market. Cisco plans to introduce its sovereign critical technology suite to India soon, following its earlier rollout in Europe and Canada. India, alongside the Middle East, is considered a major growth opportunity outside the US.

India's 182-day and 364-day treasury bill yields climbed to 18-month highs at Wednesday's auction, while premiums over the RBI's 5.5% repo rate reached their highest levels since November 2022. Investors are factoring in further monetary tightening following the central bank's recent rate hike and hawkish guidance, market participants said.

In a recent announcement, the Ministry of Heavy Industries confirmed the extension of the ACC Production Linked Incentive Scheme deadline to November 10, 2026. Manufacturers now have more time to submit technical bids, which will be addressed on November 11, 2026. This initiative seeks to support local ACC manufacturing efforts, ultimately reducing imports and enhancing India's battery production landscape.

Aegis Logistics is set to acquire 89.8% stake in Tristar Holdings, based in Dubai, for $809 million. The deal seeks to strengthen Aegis's global footprint in liquid logistics and creating new avenues for business growth. The acquisition is expected to complete by the fourth quarter of FY27.

Calvin Harris is set to launch his 2027 North American arena tour, kicking off in Boston on April 1. The tour features 18 performances in iconic cities such as Chicago and Toronto. Fans can grab presale tickets starting October 19, with general sales available from October 22. His recent shows in the UK and Ireland have received widespread acclaim, reflecting the rising popularity of dance music in the U.S.

Curdled milk need not go to waste if it has split safely and is not spoiled. With a few simple ingredients, you can turn it into delicious festive desserts at home. Make a creamy cheesecake using homemade cream cheese, soft roshogullas cooked in sugar syrup, or rich kalakand flavoured with cardamom and garnished with nuts. These easy recipes offer a sweet way to reduce food waste this festive season.

Having a protein-heavy diet can go a long way in keeping you svelte. As per studies, protein-heavy foods such as lean meat, eggs etc can help you burn calories at a higher rate and also reduce hunger cravings. That way, you eat much less calories than usual and having less calories, automatically improves your chances of reducing your weight.

Set to hit theaters on October 15, Jailer 2 is generating buzz with impressive advance ticket sales. The film dives into the past of Tiger Muthuvel Pandian while safeguarding his family. With special appearances from legends like Mohanlal and Shiva Rajkumar, the excitement is palpable. Here's a quick recap of what all happened in first film, Jailer.

Lighthouse Learning has taken ownership of Pathways School, Gurugram, and renamed it PSG Clifton International School. The move follows a partnership with UK-based Clifton College, marking the institutions first international collaboration in its 164-year history.

Commerce and Industry Minister Piyush Goyal stated that India seeks to improve relations with China, ensuring fair deals. Bilateral trade between India and China reached USD 127.7 billion, which reflects significant growth in exports and imports. Furthermore, Goyal expressed concerns regarding the widening trade deficit and tightened FDI policies due to geopolitical tensions. India experienced supply chain vulnerabilities during Covid, leading to a focus on self-sufficiency.

A viral advertisement by the Australian Hotels Association uses exaggerated scenes to illustrate how the departure of migrant workers could affect everyday life, from coffee shops and supermarkets to restaurants, hotels and elderly care. The video emerges amid a political debate over immigration levels in Australia and proposals to reduce migration.

Indias second Vande Bharat Sleeper is set to launch on Bengaluru-Mumbai route this month. With travel time dropping to under 16 hours from the current 24, passengers stand to save around 8 hours per trip. Here are the timings, stops and everything else confirmed so far.

JioHotstar has partnered with NBCUniversals The Peacock Hub for the ninth and final season of Koffee With Karan, hosted by Karan Johar, premiering October 14. The collaboration marks a shift from distributing global content to supporting Indian originals, reflecting growing international interest in homegrown intellectual property.

Maharashtra's government has declared drought in over 305 talukas due to a severe rainfall deficit. Chief Minister Devendra Fadnavis announced that Rs 5,000 will be deposited in farmers' accounts before Diwali. Efforts are being made to prevent coercive loan recoveries from farmers facing hardships. A zero-tolerance approach is being enforced against unauthorized water extraction to ensure drinking supplies.

India is focusing on the integration of artificial intelligence in its power sector to improve reliability and security. The government aims to enhance grid management, demand forecasting, and renewable energy integration with AI. Following the successful achievement of its renewable energy capacity target, India is expanding its electricity infrastructure significantly. Around 7.75 crore smart meters have been installed to better monitor consumption patterns across the country.

In a significant move, the Delhi High Court has called for replies from the FSSAI, the Centre, and the Delhi government concerning a public interest litigation (PIL). The PIL raises serious issues around non-dairy items being sold under the guise of 'paneer'. The petitioners stress the difficulty for consumers to ascertain the authenticity of paneer in restaurants and hotels. They advocate for product testing and explicit labeling of substitutes.

Christopher Nolan's highly anticipated film The Odyssey is set to launch for digital viewing. This adaptation chronicles Odysseus' challenging return home post-Trojan War, showcasing a star-studded cast that includes Matt Damon, Tom Holland, and Anne Hathaway. Audiences can look forward to an extensive over 90 minutes of bonus content. Read on!

The government is preparing to implement BS-VII emission standards, which align with Euro 7 norms, starting in April 2029. These standards will enforce stricter pollution controls and require automakers to upgrade their engines and emissions systems. Existing vehicles compliant with BS-VI norms will not be affected during this transition. Specific timelines for the introduction of the standards for different vehicle categories have also been outlined.

To excel in marketing, it is vital to prioritize clear strategies that outline target audiences, key goals, and engagement levels. By honing in on decision-makers and aligning campaigns with specific objectives, brands can boost their visibility and influence, ensuring that marketing investments produce tangible outcomes through reputable platforms like The Economic Times.

India is preparing a dedicated data centre policy to address concerns over electricity consumption and protect consumers from higher power bills, Minister of State for IT Jitin Prasada said on Wednesday. The move comes amid local protests against planned Amazon and Google projects over water, electricity and environmental concerns.

Astranova Mobility's lending subsidiary, Novafusion Capital, receives approval from the Reserve Bank of India (RBI) to operate as a Non-Banking Financial Institution (NBFC). The firm targets 5000 crore in assets under management (AUM) over the next five years, focusing on India's transition to electric mobility. The company highlights the country's requirement of $100 billion to transition its commercial vehicles to electric mobility.

Indian FMCG companies are expected to report narrower September-quarter profit margins despite double-digit sales growth, as rising raw material costs outpace price hikes. Analysts forecast operating margin declines of 45-150 basis points across consumer staples firms, with Hindustan Unilever and Britannia facing sharper pressure. Investors will track commodity prices, rural demand, festive spending and further price increases for signs of recovery.

An IIT-Roorkee graduate working as a Bengaluru techie reflected on parental influence after a friend met his parents and recognised the roots of his anxiety. The father said he already sees his personality in his eight-month-old daughter, Rumi, from her determination to her sleeping position. However, he worries she may inherit his anxiety and hopes she develops the calmness of her mother, Piyusha, instead. His post sparked reflection on inherited traits and parenting.

In a thrilling Super Bowl Night episode of Dancing With the Stars, the show honored iconic halftime show music featuring special guests. Jenna Dewan and Val Chmerkovskiy, along with Ezra Frech and Daniella Karagach, dazzled the judges and secured a remarkable score of 36 points. Unfortunately, it was Guillermo Rodriguez and Witney Carson who faced elimination.

Sony Pictures Networks India will launch its Tamil general entertainment channel Sony Vizha on October 19 at 8 p.m. The channel will feature reality shows, series, films, and live cricket focusing on Tamil culture. Notable programs include Tamil Idol and Celebrity MasterChef Tamil with A. R. Rahman and Samantha Ruth Prabhu as judges. Other shows will cover themes like friendship and real-life crime cases set in Tamil Nadu.

Tanishq CEO Arun Narayan expects a strong festive season despite elevated gold prices, with consumers increasingly exchanging old jewellery to fund new purchases. Over 50% of transactions at Tanishq stores now involve gold exchange, a trend that has gained momentum following Prime Minister Narendra Modis appeal to curb gold purchases.

India needs to invest Rs 15 lakh crore to enhance its nuclear capacity to 91 GW by 2047. The Central Electricity Authority Chairman stated that nuclear energy is a stable electricity source. Currently, India has an installed capacity of 8.8 GW, which is projected to reach 22 GW by 2031. Increased private and foreign investment in the nuclear sector is also anticipated.

In a notable development, One 97 Communications Ltd., Paytm's parent company, observed a significant rise in domestic share ownership as of Q2 FY 2027. Indian investors now hold over 56% of the firm, which illustrates a positive trend towards local equity involvement. Furthermore, domestic institutional ownership has soared to 29.5%, reflecting heightened engagement from local institutional players. In contrast, foreign direct investment declined to 18.

Vijay Deverakonda and Rashmika Mandanna are preparing for the release of their film Ranabaali in theaters. They recently visited Tirumala to pray before the film's premiere on October 16. The couple resides in a luxurious home located in Jubilee Hills, Hyderabad, valued at around Rs 20 crore. Scroll down and let's take a look.

Adenocarcinoma is a type of cancer that arises from glandular or secretory cells. Adenocarcinoma is the predominant variant of lung cancer. Lung adenocarcinoma arises when cells in the lung tissue, especially those that line the airways and secrete mucus, experience malignant transformations.

GIFT Nifty plays a pivotal role as a futures contract that encapsulates overnight global market shifts. It is essential for estimating the daily opening position of the Nifty 50. Investors analyze the discrepancy between the current GIFT Nifty and its previous close to decipher market trends. Though it offers a directional hint, it is not a guarantee of market behavior.

Tata Power is implementing its 15,000 crore plan expand its transmission network in Mumbai and is intended to support the increasing energy requirements of hyperscalers and data centres. The company plans to enhance its existing 110 kV and 220 kV networks while developing new receiving stations. The company also aims to expand its green energy projects as well as its overall infrastructure capacity.