SENSEX
NIFTY
GOLD
USD/INR

Weather

image 28    C

The Economic Times

Economy / The Economic Times

India-New Zealand FTA to kick in October 20, opening market opportunities for exporters

The India-New Zealand Free Trade Agreement will come into effect on October 20, enhancing trade for both nations. New Zealand expects increased demand for its agricultural products, particularly kiwifruit, honey, and apples, in India. The agreement includes provisions to ensure tariff-free access for Indian goods in New Zealand's market. Both countries aim to strengthen economic ties and improve productivity in agricultural sectors.

19 Oct 2026 7:40 pm
India probing Pernod, Diageo Scotch imports under India-UK trade pact, sources say

Indian tax officials are investigating Pernod Ricard and Diageo for how they classified bulk Scotch imports. These companies may have improperly benefitted from reduced tariffs under a recent trade agreement. Tax inspectors made surprising visits to both companies' offices to gather information about their practices. The investigations are part of a broader scrutiny faced by foreign investors in India.

19 Oct 2026 7:23 pm
Yes Bank CET1 may fall to 10% if past AT1 coupons are paid: Crisil

Yes Bank faces a potential decline in core equity capital, projected to fall to around 10% due to accumulated coupon payments on AT1 bonds. Crisil Ratings highlighted a significant liability impact estimated at Rs 6,200 crore, while S&P Global Ratings foresees a reduction in common equity by about Rs 8,400 crore. Despite these concerns, both agencies believe the bank's credit profile will remain stable.

19 Oct 2026 7:20 pm
Bengaluru techie reveals his biggest corporate flex is not free food or gym membership: I dont have to kill my imaginary daadi just to'

Taking to Instagram, Aman Vaishnav, a senior AI engineer, revealed how being trusted by his manager and authorities in his job brought out the best in him and made him feel like he had already won the corporate game. He revealed that a high-trust work culture with a healthy work-life balance is the biggest perk an employee can experience.

19 Oct 2026 7:05 pm
Tiger Shroff firing case: Police say all 3 accused are adults, motive still unclear

Mumbai Police arrested three individuals for allegedly shooting at actor Tiger Shroff's car in Andheri. Two of the arrested suspects are from Haryana, while the third is from Bihar, with no minors involved. Investigators are questioning the suspects to uncover the motive behind the attack. The motorcycle used in the incident has been located, but no weapons have been recovered.

19 Oct 2026 6:57 pm
School assembly news headlines for October 20: Top national, international, sports and business updates

School assembly news headlines for October 20, 2026, cover major national, international, sports and business developments. Key updates include the Delhi voter-list revision audit, arrests in the Tiger Shroff firing case, political unrest in France, Indias Asian Para Games achievements, changes in anti-cancer medicine prices, and developments in the banking and stock markets.

19 Oct 2026 6:55 pm
Lupin Season 4 OTT release date: When and where to watch Omar Sys French thriller show as a bigger threat awaits this time

Lupin Season 4 will premiere with all eight episodes releasing together this time. Omar Sy returns as Assane Diop, who is serving a prison sentence when a series of coordinated museum robberies takes place under his name. Despite denying involvement, evidence appears to link him to the crimes, while a stronger rival raises the stakes.

19 Oct 2026 6:48 pm
Bank of America arm seeks CCI nod for up to 49.9% in Jio Credit

A summary of proposed transaction noted this involves Jio Credit, a non-banking financial company within the Jio Financial Services group. According to the applicants submission, NB Holdings has no direct business operations in India.

19 Oct 2026 6:44 pm
China announces export curbs on key machinery used in India's infrastructure development

Beijing has announced new export controls on essential machinery, which will impact India's infrastructure development. These restrictions will take effect on November 18 and apply to tunnel boring machines and related items. Additionally, the export controls include walking excavators and specific dredger-related items, complicating several Indian projects. Exporters must obtain licenses and provide detailed technical information under the new regulations.

19 Oct 2026 6:34 pm
Apple iPhone Duo sells out within minutes; where can buyers find early delivery dates? Apple drops major update; check details

The newly launched foldable iPhone Duo from Apple has quickly captured public fascination, resulting in online order deliveries being pushed back to January 2027. For those eager to get their hands on the device sooner, exploring availability with various mobile network providers is recommended. While some carriers might offer delivery as early as November, others face longer wait times.

19 Oct 2026 6:15 pm
Indian Railways offers discounted round-trip parcel fare ahead of festive rush

Indian Railways has introduced a one-year pilot offering parcel aggregators discounted round-trip bookings at 1.5 times the one-way fare, reducing the combined freight charge by 25%. The scheme aims to improve return-direction train utilisation, shift cargo from road to rail and boost parcel revenue ahead of the festive season.

19 Oct 2026 6:02 pm
London professional thought learning AI would help his career but the plan backfired: What is 'AI brain fry' and how to stay safe from it

A London-based lawyer who started to learn AI to future-proof his career found himself exhausted by the constant release of new models and the pressure to keep up with them. His experience highlights AI brain fry, a form of mental fatigue linked to intensive AI use, monitoring multiple tools and checking their output. Research suggests the strain can affect concentration, decision-making and work accuracy.

19 Oct 2026 5:52 pm
NABVENTURES plans Rs 30-70 crore bets on growth-stage firms in Fund II

NABVENTURES aims to invest 30-70 crore per company in agriculture, rural financial services, and climate solutions. The venture capital arm plans to focus on technology-driven businesses and growth-stage companies with established traction. Larger initial checks will be adapted for follow-on funding in high-performing portfolio companies. The emphasis will be on sustainable scaling in large markets, improving productivity, and raising farmers' incomes.

19 Oct 2026 5:36 pm
Trump waives Russia sanctions, easing Indias energy concerns as US trade deal nears

US President Donald Trump waived key Russian sanctions which may enhance trade relations with India. This decision is expected to provide negotiating space for a potential trade deal. India, one of the largest importers of Russian oil, faces challenges due to declining imports. Secretary of State Marco Rubio is visiting India to discuss cooperation on this matter. The waiver could help India secure more favorable tariffs while stabilizing energy policies.

19 Oct 2026 5:33 pm
China's economy grows 4.5 pc in Q3 as AI-driven exports offset weak domestic demand

The Chinese economy grew 4.5% in the third quarter of 2026. The growth is fuelled by global demand for artificial intelligence (AI) infrastructure, helping the economy offset weak domestic consumption and a deepening property market crisis. The development comes after a weak second quarter, which saw its growth shrink to 4.3%. However, sluggish domestic household spending and investment bring doubt about the sustainability of the trend.

19 Oct 2026 5:24 pm
Angelina Jolies foundation spent 20 years protecting 150,720-acre Cambodian forests; rangers saved nearly 142 species from wire snares

Over twenty years ago, Angelina Jolie launched the Maddox Foundation to promote conservation in Cambodia. Focusing on the vital Samlout forest, the foundation protects endangered species such as Asian elephants and Sunda pangolins. Dedicated rangers strive to remove dangerous snares and fight against illegal activities. Despite being officially protected, this region faces daunting deforestation issues. Local engagement and stringent law enforcement remain key to preserving this crucial habitat.

19 Oct 2026 5:14 pm
Myntra sees Gen Z drive beauty growth as skincare, smaller cities gain ground

Gen Z accounts for 60% of Myntras beauty shoppers, spending 1.2 times as much on beauty as the average customer, according to the companys Beauty report, which covers consumption trends from August 2025 to August 2026.

19 Oct 2026 5:01 pm
Yes Bank weighs capital options after AT1 verdict, coupon liability remains uncertain

Yes Bank is recalibrating its capital strategies in response to the Supreme Courts ruling which reinstated Rs 8,415 crore of AT1 bonds. This ruling may lower the banks CET1 capital ratio by approximately 240 basis points, thus influencing its growth initiatives. Management is still reviewing potential payment duties spurred by the verdict.

19 Oct 2026 5:00 pm
Govt shelves import plan to tackle diminished coal stockpiles

India has shelved a proposal to mandate coal imports because of rising costs and a weaker rupee. Policymakers are instead encouraging Coal India Ltd. to enhance output and ensure timely transport to power stations. Coal reserves have reached the lowest level in nearly five years, impacting electricity generation severely this month. While power demand remains high, the depletion rate of coal inventory has slowed compared to last month.

19 Oct 2026 4:31 pm
Phony OTT release: When and where to watch Sam Nivola and Connie Brittons mystery series in the US and Canada; check streaming details

Streaming on October 20, 2026, on Phony is an electrifying mystery series that follows the journey of Sonny Cooke as he delves into the complexities of his mother's identity played by Connie Britton. This show skillfully combines elements of psychological suspense and dark comedy while addressing the intricacies of growing up. Scroll down to find the streaming details.

19 Oct 2026 4:13 pm
From Rs 25,000 engineering salary to Rs 2 lakh monthly: Techie's story of how he earned 8 times more as cab driver goes viral. 'Today, he owns 4 cars...'

An engineering graduate decided to ditch corporate career . Today, he earns eight more than he did as a techie by becoming a full-time cab driver. Taking to LinkedIn, marketing professional Yash Patel revealed how he met a driver who was an engineering graduate and was earning Rs 25,000 per month in a tech job. Today, he is earning over Rs 2 lakh per month and has four cars.

19 Oct 2026 4:07 pm
NMDC puts nickel foray on hold

New Delhi: State-run miner NMDC has put its planned foray into nickel on hold partly because of global oversupply concerns in Indonesia, a country that accounts for more than 60% of global output of the metal, two company officials with direct knowledge of the matter told Reuters.Reuters had earlier reported that India's state-owned Steel Authority of India (SAIL) and NMDC were looking at boosting nickel supplies from Russia and acquiring coking coal assets.India classified nickel as a critical

19 Oct 2026 4:05 pm
ET HR Excellence Awards 2027: Spotlighting the People Behind Business Performance

In today's dynamic environment, Human Resources Business Partners (HRBPs) are key players in synchronizing workforce initiatives with broader organizational aspirations, tackling talent challenges, and facilitating transformational change. The ET HR Excellence Awards 2027 celebrates exemplary HR practices that foster organizational brilliance, underscoring the vital contributions of strategic HR leadership to enhance workplace culture and people management strategies.

19 Oct 2026 4:00 pm
Nevada removed invasive blue tilapia from Moapa dace habitat from 2009 to 2012; the endangered fish later returned to an 868-meter stretch where it had vanished

Conservation efforts in Nevada have successfully removed invasive blue tilapia to protect the native Moapa dace fish. After targeted removal operations, Moapa dace have begun to recolonize areas where they were previously extinct. Habitat restoration included creating new streams to support the species' survival. Long-term recovery requires ongoing monitoring and preventing invasive species from re-entering ecosystems. These actions show that effective conservation goes beyond simply removing th

19 Oct 2026 4:00 pm
Tiger Shroff Car: Is his BMW 3 Series Gran Limousine bulletproof? Check its safety features

Is Tiger Shroff's BMW 3 Series Gran Limousine bulletproof? Check its safety features, including airbags, ABS, stability control and run-flat tyres, and how they differ from specialised armoured cars.

19 Oct 2026 3:57 pm
1.5 km rainforest trails, 40m cantilever bridge, crystal-clear rock pools: Navya Naveli Nanda visits Tamborine Rainforest Skywalk in Australia

Navya Naveli Nanda has officially established Naveli Ventures, aiming to foster innovative startups and research-intensive endeavors. During her leisure time in Brisbane, she visited the Tamborine Rainforest Skywalk, an eco-adventure that meanders through lush rainforests, showcasing breathtaking vistas and a variety of wildlife. An eco gallery invites guests to learn about local flora and fauna, while the caf provides a perfect spot to unwind with refreshments after the adventure.

19 Oct 2026 3:54 pm
India braces for first Diwali after Gulf war with tighter budgets

As households prepare for Diwali, rising food prices and travel expenses are impacting festive budgets significantly. Increased costs for essential items like vegetables and sweets are leading to reduced discretionary spending. E-commerce platforms have recorded lower sales compared to last year, indicating a shift in consumer behavior. Airfares for major domestic routes have risen drastically, complicating travel plans for families.

19 Oct 2026 3:42 pm
Textiles Ministry identifies 4,000 startups for export growth support

The textiles ministry has identified over 4,000 textile-based startups for support to scale up and become export-ready over the next three to four years. Consultations with registered startups and small businesses are expected to begin in late November or early December, followed by a national startup conclave in December to assess their needs.

19 Oct 2026 3:39 pm
FSSAI issues notice to Zepto over alleged delivery of expired besan

The Food Safety and Standards Authority of India issued a notice to Zepto regarding a consumer complaint. The complaint involved the delivery of two packs of expired besan. The packages were marked with a use-by date of September 12, 2026. The regulator has requested details about the delivery and affected stock. Zepto must confirm corrective actions and customer notifications to prevent similar issues.

19 Oct 2026 3:37 pm
Global container freight prices surge 130% since February amid Middle East tensions: Jefferies

Global container freight rates have surged by 130 percent since February 2026 due to Middle East tensions. India's container-based export-import trade has shown strong growth with a 23 percent increase in September. Exports to the United States grew significantly, while those to the UAE and Saudi Arabia faced declines. Port traffic data revealed mixed trends for major and non-major ports across the country.

19 Oct 2026 3:28 pm
LeBron James sells his Brentwood mansion for $19.6 million. Why NBA star decide to sell at a loss?

LeBron James sold his Brentwood mansion for $19.6 million, which was less than the $21 million purchase price. The mansion included six bedrooms, a gym, and a basketball hoop, catering to his lifestyle as an athlete. This sale reflects the dynamics of celebrity property transactions, showcasing potential losses even at high values. James has invested in multiple properties, including another Brentwood home and a Beverly Hills residence.

19 Oct 2026 3:26 pm
NATCO Pharma subsidiary launches Carboplatin in US market to address shortages

Indian pharmaceutical company NATCO Pharma annouced the launch of Carboplatin Injection, a generic version of Paraplatin in the US market by its American subsidiary. The subsidiary would collaborate in manufacturing with Chennai-based Tero Labs Pvt Ltd. The launch is aimed at meeting the shortage of the drug. Carboplatin is directed towards the treatment of advanced ovarian carcinoma, including first-line combination therapy and palliative treatment of recurrent disease after prior chemotherapy.

19 Oct 2026 2:57 pm
When Marc Anthony lost $2.4 million in six months on luxury Miami condo. In 2021, he bought the 10th-floor property with rooftop helipad for $11.5 million and sold for $8.6 million

Marc Anthony's recent sale of his Miami condo at One Thousand Museum Tower tells a tale of financial loss, as he bought it for $11.5 million but let it go for $8.6 million just six months later. This luxury unit boasted a rooftop helipad and stunning Miami views. Despite initially aiming for a rental price of $13.7 million, repeated reductions led to a final loss of $2.

19 Oct 2026 2:55 pm
Want your air ticket to cost less? Govt can help, but theres a catch

The Centre is framing new airfare rules that would allow temporary fare caps during extraordinary situations while retaining market-based pricing. The proposed framework would require airlines to submit fare structures to the DGCA a month in advance, amid festive-season fare spikes of up to 68% on major domestic routes. Rising fuel costs, limited capacity and airline failures complicate efforts to protect passengers from steep price increases.

19 Oct 2026 2:53 pm
Tiger Shroff loves pizza, ice cream, cake and ghee. Baaghi star once revealed one eating habit that kept him fit. It can also reduce blood sugar levels

Tiger Shroff is in the news after surviving an assassination attempt in Juhu, where three attackers reportedly opened fire. Video reveals the actor arriving at Nanavati Hospital in his BMW to assist his injured driver. According to reports, the suspects were arrested at a railway station in Rajasthan. The event has also sparked renewed fascination with Tigers regimented way of living.

19 Oct 2026 2:26 pm
Ramayana world premiere: Ranbir Kapoor, Yashs epic to have historic screening in Los Angeles. Ryan Reynolds to attend? Check date, venue and more

Nitesh Tiwari's Ramayana: Part 1 will have a special world premiere in Los Angeles. The film features Ranbir Kapoor, Yash, Sai Pallavi, and Sunny Deol in prominent roles. It is scheduled for a worldwide theatrical release on November 5, 2026, following the premiere. Read on to know more details about the world premiere.

19 Oct 2026 2:20 pm
Starlink, Ambanis venture should get equal treatment, let consumers decide: Shashi Tharoor

Congress MP Shashi Tharoor emphasized that SpaceX CEO Elon Musk's Starlink should follow the same licensing process as others. Tharoor highlighted that the government stated all companies are facing equal delays in the market. He mentioned various factors would influence consumer choices regarding satellite internet services. Musk expressed concerns about the obstacles Starlink faces in obtaining a license in India.

19 Oct 2026 2:18 pm
UltraTech Cement announces board reshuffle

UltraTech Cement on Monday announced changes to its board, with Managing Director Kailash Chandra Jhanwar set to take over as non-executive vice chairman from January 1, 2027, following the completion of his term on December 31. The company also said KK Maheshwari will step down as non-executive vice chairman effective January 1, citing current engagements and personal commitments, according to an exchange filing.The company reported a consolidated net profit of Rs 1,494 crore for the July-Septe

19 Oct 2026 2:14 pm
RDI fund to spur 10-fold investment from private sector, says NITI's Abhay Karandikar

The Research, Development and Innovation (RDI) scheme aims to significantly increase private sector investment in India. It is designed to catalyse nearly Rs 10-lakh crore in investment over the next ten years while creating new job opportunities. The focus will be on crucial technology areas like artificial intelligence, biotechnology, and space technologies. The scheme intends to support at least ten competitively positioned homegrown companies as well.

19 Oct 2026 2:13 pm
In 1998, an Australian couple discovered glow-worms on a forgotten 30-acre property. 11 years later, they turned it into a rainforest attraction without cutting down a single tree

In 1988, Australian couple, Ian and Jennifer Moore's venture in Queensland turned into a significant eco-tourism milestone. Initially transforming their property with exquisite gardens into a restaurant, they uncovered the magic of glow-worms, which inspired unique night-time eco tours. These experiences paved the way for the Tamborine Rainforest Skywalk, a five-year effort launched in 2009, supported by their sons, Brendan and Nicholas, and now a celebrated ecological attraction.

19 Oct 2026 1:58 pm