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The Economic Times

Economy / The Economic Times

US bond market down: Why are 10-year, 30-year, 2-year treasury yield notes are falling? Check latest predictions

US bond Yields have dropped in recent days, as concerns about a slowdown in AI spending and its impact on economic growth have overshadowed economic data, which showed persistent inflation pressures.

23 Oct 2026 3:58 am
Ultraviolette launches X-47 Venom electric motorcycle at Rs 2.65 lakh

Ultraviolette has launched the X-47 Venom electric motorcycle at an introductory price of Rs 2.65 lakh. Bookings for the motorcycle began on October 22, with expected deliveries starting in November 2026. The X-47 Venom features advanced battery technology and motor capabilities for enhanced performance and safety. Additionally, it comes with innovative rider safety vests that offer significant protection.

23 Oct 2026 1:08 am
MPC minutes: Two more interest rate hikes on cards, maybe even a third

Market participants and economists now expect a 25-bps increase in the December and February reviews. A further 25-bps increase in April isn't ruled out if crude oil prices remain persistently above $100. One basis point is a hundredth of a percentage point. After the minutes were released, we think the probability of a consecutive hike in December has increased. Our terminal rate forecast is now at 6% for this hiking cycle and we expect the cycle to be rather shallow, Barclays said in a note.

23 Oct 2026 12:56 am
Centre flags land, green tape hurdles in infra projects

Delays in land acquisition and obtaining various environmental clearances have significantly impacted the progress of infrastructure projects. Although central agencies are improving approval times, states are still facing lengthy procedures for necessary permits. Utility shifting is also causing major disruptions, often taking longer than projected. The recent analysis reveals a considerable increase in costs due to pre-construction delays.

23 Oct 2026 12:51 am
SBI weighs data leak impact, alerts cyber cover provider

SBI may seek a claim under a Rs 1,425-crore cyber insurance policy with Oriental Insurance following a suspected leak of customer data, people familiar with the matter told ET. SBI is in the process of notifying the insurer about the claim, said a person aware of the development.

23 Oct 2026 12:47 am
Aramco asks staff to evacuate Dhahran HQ

Saudi state oil company Aramco has told staff to evacuate its headquarters in Dhahran on the Gulf, six people with knowledge of the matter said on Thursday, as fighting between the world's largest crude exporter and Yemen's Iran-aligned Houthis intensifies.The US ordered the departure of some diplomats and their families from Saudi Arabia due to the threat from Houthi militants, after the Iran-backed group carried out deadly strikes from Yemen.Clashes between the Houthis and a Saudi-led coalitio

23 Oct 2026 12:40 am
RBI asks banks, payment firms to forensically clear tech environments in case of a data breach

The RBI has asked financial entities to remove management and administrative interfaces from public internet access, enforce multi-factor authentication for administrative access, and restrict access to cloud and backend systems on a least-privilege basis. The measures include auditing source code, repositories, configuration files, client applications and cloud storage for exposed credentials, and immediately rotating and purging compromised credentials.

23 Oct 2026 12:37 am
I-T likely to send notices over undisclosed foreign property

The Income-Tax Department will send notices to resident Indians regarding undisclosed foreign properties. Information was obtained through spontaneous exchanges and prior investigations into overseas assets. The FAST-DS scheme allows individuals to voluntarily disclose properties without facing penalties or prosecution. This opportunity aims to regularize the foreign assets of small taxpayers effectively. Overall participation in the scheme has been lower than anticipated due to its limitations.

23 Oct 2026 12:24 am
Italy's Pirelli and India's Balkrishna Industries float JV to make tyres

Pirelli has partnered with Balkrishna Industries to manufacture up to 8 lakh tyres annually in Gujarat. This production is expected to commence in the next financial year, according to the company's joint managing director. Initially, Balkrishna Industries will produce tyres under an off-take arrangement for Pirelli at the new facility. There are plans for a 50:50 joint venture to produce passenger car tyres under both brands.

23 Oct 2026 12:15 am
Prada Q3 revenue rises in a slowing luxe market

Italian luxury group Prada reported a 1% organic growth in revenue for the third quarter of the year. This performance reflects resilience in a challenging luxury market environment and the acquisition of Versace. Growth was supported by positive trends in the Americas and stable sales in the Asia-Pacific region. However, retail sales from the Miu Miu brand declined by 3% amid these challenges.

23 Oct 2026 12:12 am
Chana sowing holds key to pulses inflation

Chana, India's most consumed pulse, which is central to making everything from salty snacks to nutritious meals, needs adequate soil moisture and cool weather for a good crop. Sowing has started in some regions, but the progress is slow. State advisories to conserve water and shift to less water-intensive crops have added to concerns over winter sowing.

23 Oct 2026 12:09 am
India-Germany trade can surge 10-fold, says Piyush Goyal

India-Germany bilateral trade is expected to increase significantly, with aims of reaching 310 billion from 31 billion. Both countries are focused on co-creating and leveraging their complementary strengths for economic growth. The India-EU free trade agreement is anticipated to be signed soon and will facilitate mutual benefits. Minister Piyush Goyal emphasized the importance of trust and cooperation between the nations.

23 Oct 2026 12:08 am
UN biodiversity summit to take stock of 2030 goals

Representatives from 196 countries are meeting in Yerevan to evaluate biodiversity progress under the 2030 targets. The Kunming-Montreal Global Biodiversity Framework aims to restore ecosystems and phase out harmful subsidies. India's national report highlights progress with key wildlife species, despite challenges in land degradation and protected areas. The report shows India's successful ecosystem restoration and involvement in biodiversity-inclusive planning.

23 Oct 2026 12:02 am
GST return forms likely to be tweaked to curb mismatches

The government is looking to revamp GST return forms to minimise discrepancies between reported sales and tax payments. Draft forms will be available for public feedback starting November 1 and the changes take effect on April 1, 2027.

23 Oct 2026 12:00 am
Following Supreme Court directions, Andhra Pradesh urban polls paused

Even as SEC paused the process, YSRCP alleged that the ruling TDP cadres continued to attack and intimidate its candidates for the second consecutive day. The Opposition party released videos of several places and alleged that the modus operandi had been to not allow senior YSRCP leaders to accompany candidates to nomination centres and then snatch the nomination papers to prevent them from filing.

22 Oct 2026 11:59 pm
10,000 daily steps not needed: A much lower walking target can help reduce brain disease risk, finds new study

A 10,000-step daily target may not be necessary to support brain health. Researchers have found that a much lower number of daily steps is linked to slower cognitive decline and changes associated with Alzheimers disease. The findings also reveal why walking more may not always mean greater benefits, offering a fresh perspective on how a simple daily habit could help protect the ageing brain.

22 Oct 2026 11:59 pm
Event data recorders may be mandatory for vehicles

By 2029, India's ministry of road transport and highways is looking to enforce the installation of event data recorders in vehicles to enhance safety and decrease road accident rates. Additionally, from 2030, passenger vehicles will be required to feature advanced emergency braking systems.

22 Oct 2026 11:56 pm
Berlin Global Dialogue: EU inviting disaster through carbon tax, says Piyush Goyal

Piyush Goyal expressed concerns over the EU's carbon tax and numerous regulations impacting their steel industry. He warned that these measures could lead to increased costs and decreased competitiveness for EU businesses. Goyal highlighted that the high import duties and standards could harm the economy and raise the cost of living. He mentioned the reciprocal nature of trade regulations in response to the EU's actions.

22 Oct 2026 11:55 pm
India's a call-out market, but there's room to grow: Nestle

Nestle SA reports that 37% of urban households in India purchase Maggi noodles monthly. The instant noodles segment is outpacing overall food sector growth in the country. Nestle is investing in its Maggi and KitKat brands as they capture consumer preferences for convenience and diversity. Despite a revenue increase, food inflation remains a significant concern for the company. Regulatory scrutiny on Nestle India's labeling practices has also emerged recently.

22 Oct 2026 11:53 pm
Airbnb new guidelines: What travellers need to know before booking a vacation rental

Beginning on November 20, Airbnb is rolling out updated guidelines to enhance cleanliness expectations for guests. Hosts can no longer impose extensive cleaning responsibilities, permitting only simple tasks. A new feature in the app aims to clarify house rules and host requests for better guest comprehension. If guests encounter unreasonable demands, they can report them. It's important for travelers to check house rules and total expenses before confirming their bookings.

22 Oct 2026 11:53 pm
Urea imports surge 40% despite push to cut chemical fertilisers

Total urea imports in the April-September period rose to 5.589 million tonnes from 3.979 million tonnes in the first half of last fiscal year. Local sales fell 4.1% to 18.52 million tonnes. The sales were down primarily due to poor rainfall in large parts of the country deterring farmers from spending on soil nutrients, said a senior executive at a large urea firm.

22 Oct 2026 11:50 pm
LNG imports up 9% in Mar-Sep; US, Oman & Nigeria bridge supply gap

India has increased its liquefied natural gas imports from the US, Oman, and Nigeria significantly since the Iran war. The country now imports about 68% of its LNG from these suppliers, compared to just 25% last year. Qatar's contribution has dropped to 3% from 45%, highlighting a major shift in sourcing strategies. Domestic gas consumption has remained steady, driven by the expanding city gas sector.

22 Oct 2026 11:46 pm
Chinese spending curbs weigh on Hermes sales

Revenue in the region that includes China, the luxury group's biggest market, flatlined at constant exchange rates, Hermes International said Thursday. Analysts had expected growth of about 1.6%. The region generates around 42% of Hermes' total revenue.

22 Oct 2026 11:44 pm
Is your favourite diet soda really safe? How it effects weight loss in comparison to water, revealed in new study

A new two-year study has challenged concerns about diet soda and weight gain, finding that adults who drank diet beverages lost a similar amount of weight to those who drank water. But does that mean your favourite sugar-free drink is safe? Research has also linked artificial sweeteners to potential health risks, including diabetes and cardiovascular problems. Here is what the latest findings reveal and why the debate over diet soda is far from over.

22 Oct 2026 11:40 pm
Sony India TV, audio sales stay flat in FY26 despite GST boost

Overall revenue from operations grew a marginal 0.9% to 7,918 crore, while net profit rose 19% to 187 crore. The company's other businesses, comprising gaming consoles and digital cameras, recorded modest growth, with revenue increasing to 1,389 crore from 1,322 crore in FY25.

22 Oct 2026 11:38 pm
Morning motivation to start the day: 'We're here to put a dent in the universe. Otherwise why else even be here?' - The importance of taking big risks in life explained by Steve Jobs

Steve Jobs famous quote, We're here to put a dent in the universe. Otherwise why else even be here?, highlights the importance of making a meaningful difference rather than simply chasing success. The Apple co-founder believed people could shape the future through their work and decisions. His wife, Laurene Powell Jobs, explained that the quote is often misunderstood, arguing that it is about people's ability to change their circumstances and the systems around them.

22 Oct 2026 10:18 pm
Goyal asks Europe not to 'invite disaster'

Commerce and Industry Minister Piyush Goyal has cautioned the European Union that its carbon tax on steel imports and a growing list of regulations could raise costs for businesses and consumers, stoke inflation and erode the bloc's global competitiveness.Speaking at the Berlin Global Dialogue on October 22, Goyal said the EU risked hurting its own industries by imposing additional trade restrictions and compliance requirements, including the Carbon Border Adjustment Mechanism (CBAM). He pointed

22 Oct 2026 9:52 pm
Diljit Dosanjh frequently eats pasta, tangdi kebabs, chocolate. One exercise the actor-singer does everyday can help you burn 20 times more calories than walking

In various videos he had shared on Instagram, the Udta Punjab star had admitted he was a foodie, and he doesnt really believe in denying himself the joys of good food, so from pasta to kabab to chocolate, he has them all. However, he also follows a disciplined fitness regimen to keep himself lithe and avoid gaining weight.

22 Oct 2026 9:39 pm
Wednesday Season 3 OTT release update: When will Jenna Ortega's Addams Family show reveal what happens after Enid's alpha werewolf transformation

Wednesday Season 3 has wrapped filming and the upcoming season will follow the aftermath of Enid Sinclairs transformation into an alpha werewolf, which forced her to flee towards the Canadian border, while Wednesday Addams sets out to find her. The story will also explore the mystery surrounding Wednesdays missing aunt, Ophelia, played by Eva Green.

22 Oct 2026 9:16 pm
Nestle sees strong growth potential for Maggi noodles in India; eyes expansion in Europe, Americas

The company, which sells noodles under the Maggi brand in India and other Asian markets, also has ambitious plans to expand the category in Europe and the Americas, its top leadership said during the earnings call for the September quarter of 2026.

22 Oct 2026 9:07 pm
Musk is getting it wrong on India's space oligarchs. Here's why

Though Starlink boasts extensive satellite internet coverage, many potential users find the service economically unviable. The Indian government is strategically evaluating its communications infrastructure choices, potentially leaning towards homegrown solutions for critical services, which may boost Reliance's positioning against SpaceX in the market.

22 Oct 2026 9:00 pm
NSDC raises Rs 4 crore through Social Stock Exchange for global skilling initiative

The funds raised will be used to provide skilling and employment opportunities to 600 youth from economically weaker other backward classes (OBC) households in Madhya Pradesh. The programme, with an estimated outlay of Rs 11.25 crore, aims to prepare 600 candidates for international employment opportunities, with 300 candidates earmarked for Japan and another 300 for Germany, the ministry of skills development and entrepreneurship said in a statement on Thursday.

22 Oct 2026 8:14 pm
Crop, fire insurance premiums fall 31%, 26.6% in H1 FY27 amid pricing pressure

In the first half of FY27, crop insurance premiums fell by 31% due to lower rates and discounts. Fire insurance premiums also decreased by 26.6% amidst price competition and discounts across the sector. Public sector insurers saw a sharper decline in crop insurance compared to general insurers, impacting overall growth. Non-life insurance premiums grew 6.1% year-on-year, and health insurance experienced a 20.2% increase.

22 Oct 2026 8:09 pm
Parliamentary panel selects 25 subjects for review of urban development, Delhi projects

Under the Department of Urban Development, the committee will examine rainwater harvesting initiatives, legacy waste remediation, functioning of Smart City Integrated Command and Control Centres, and affordable rental housing projects.

22 Oct 2026 8:09 pm
India commercial insurance rates fall as capacity, competition rise

Commercial insurance rates in India decreased significantly in 2026 due to increased competition among insurers. Property and financial liability insurance rates fell for the fourth consecutive quarter, providing businesses with better terms. Cyber insurance also witnessed a decline, marking the twelfth consecutive quarter of reduced rates in the IMEA region. Insurers became more competitive, allowing businesses to negotiate premiums and coverage more effectively.

22 Oct 2026 7:34 pm
Adani group did not attempt Vizhinjam port stake sale without govt approval: V D Satheesan

Replying to an unstarred question in the Assembly recently, Satheesan said Adani Vizhinjam Port Private Limited (AVPPL) had submitted an application to the government seeking prior approval for the proposed transfer of its existing 49 per cent shareholding.

22 Oct 2026 7:32 pm
Indian Bank raises deposit rates by 15 basis points

Indian Bank managing director Binod Kumar had said earlier that the bank does not have surplus liquidity as it shed Rs 10,000 crore of bulk deposits and slowed term deposits mobilisation during the second quarter while it raised $2.3 billion (about Rs 21,000 crore) of foreign currency non-resident-bank (FCNR-B) deposits using the regulatory window.

22 Oct 2026 7:30 pm
You deserve better: Diljit Dosanjh shares life lesson on what to do when people try to pull you down amid Delhi concert permission row

Diljit Dosanjh shares a life lesson on dealing with setbacks and people who try to pull you down, saying difficult experiences can make you stronger and prepare you for better opportunities. His Instagram video comes amid a row over Delhi Police denying permission for his October 30 concert at Jawaharlal Nehru Stadium, citing security concerns and the festive season.

22 Oct 2026 7:21 pm
Anand Mahindra gets '20-year expiry date' from a fan: Billionaire gives a masterclass on handling awkward situations with 'extend my warranty' reply

Mahindra Group chairman Anand Mahindra responded with humour after an X user gave him a 20-year expiry date while suggesting that he build powerful V8 and V10 engines before his time ran out. The person also proposed a Mahindra Scorpio with a V8 engine producing 500 horsepower. In response, Mahindra said he was a little shaken by the fans confidence in predicting his lifespan and jokingly asked him to extend my warranty.

22 Oct 2026 7:18 pm
Wall Street dumps AI for Buffetts Berkshire

For three weeks, Wall Street sold one of the markets hottest trades and bought one of its oldest. Chip stocks fell about 15 per cent. Warren Buffetts Berkshire Hathaway rose about 7 per cent.Between October 2 and October 20, the iShares Semiconductor ETF (SOXX) lost 15.1 per cent, while Berkshires Class B shares (BRK-B) gained 7.4 per cent, according to Yahoo Finance.On Tuesday, BRK-B closed at a record high for the first time since May 2, 2025, the day before Buffett said Greg Abel would take o

22 Oct 2026 7:04 pm
Netanyahu invites PM Modi to light torch together with Indian pilot Smit Machchhar on Israel's Independence Day

Israeli Prime Minister Benjamin Netanyahu has invited Indian Prime Minister Narendra Modi to participate in Independence Day celebrations. Modi expressed gratitude for the invitation and acknowledged the cooperation between India and Israel on terrorism. Both leaders emphasized the importance of their long-standing relationship over the years. Netanyahu shared this conversation on social media to highlight their collaboration.

22 Oct 2026 7:01 pm
Pakistan's decades of interfaith promises fail to protect Sindh's Hindu minorities

According to The Express Tribune, the event, organised by the Christian Study Circle at a local hotel, brought together political representatives, religious figures, lawyers and social activists. Participants called for coordinated efforts to tackle religious extremism, discrimination and abuses against vulnerable communities.

22 Oct 2026 7:00 pm
Beyond accumulation: Giving every investment a clear role in your portfolio

Building a robust investment portfolio requires a clear understanding of the foundational roles played by both core and satellite investments. Many investors fall into the trap of miscategorizing satellite strategies as core assets, which disrupts the overall balance. While Specialised Investment Funds (SIFs) are becoming increasingly popular, they must be aligned with specific functions in a broader investment strategy.

22 Oct 2026 6:57 pm
Diljit Dosanjhs California home is the perfect balance of glamour and understated elegance: His duplex has teak wood floors, cream coloured walls, swimming pool and private bar

Celebrity residences often showcase wealth and larger-than-life personalities, but Punjabi singing sensation Diljit Dosanjhs homes offer a glimpse into his personal journey and appreciation for understated elegance.

22 Oct 2026 6:52 pm
Russian missiles pound Kyiv as Moscow says over 800 Ukrainian drones downed

Russia conducted a bombardment of Kyiv with ballistic missiles, resulting in casualties and substantial damage. Ukrainian officials reported fatalities and injuries due to targeted strikes on civilian areas, including markets and infrastructure. Following this escalation, President Volodymyr Zelenskyy criticized the lack of change in Moscow's approach toward peace negotiations. Peace talks with the U.S. and Ukraine were briefly discussed but yielded no significant progress.

22 Oct 2026 6:47 pm
Xbox Cloud Playtime launched: What is it, pricing, and everything else you need to know

Microsoft has unveiled a groundbreaking service called Xbox Cloud Playtime, enabling gamers to stream titles without needing a Game Pass subscription. Currently in preview for Xbox Insiders, it is set for a broader release in November. Players can buy cloud playtime in several hour increments, allowing them to stream eligible games on compatible devices. Due to increasing costs, restrictions have been placed on cloud gaming for Game Pass users.

22 Oct 2026 6:44 pm
Naman Dhir nearly quit cricket in 2022 to move to Canada, but father urged him to stay and try for one more year

Naman Dhir's unbeaten 42 off 15 balls helped India complete their highest successful T20 chase against New Zealand, earning praise from captain Shreyas Iyer for his composure and all-round options. Dhir's breakthrough comes after he nearly quit cricket in 2022 to move to Canada, before his father's encouragement led him to continue, make his Ranji Trophy debut and earn an IPL opportunity.

22 Oct 2026 6:36 pm
Adani Ports expands presence by incorporating subsidiary in Oman

Adani Ports and Special Economic Zone Limited has established a wholly owned subsidiary named Indian Ocean Gateway Terminal in Oman. This new entity aims to conduct offshore operations locally, aligning with the company's strategic expansion as a global transport operator. Adani International Ports Holdings Pte. Ltd. holds 100 percent of the subsidiary's shares. The incorporation involves a total share capital of OMR 500,000 with 100 shares of OMR 5,000 each.

22 Oct 2026 6:28 pm