The Economic Times
Elections 2026Economy / The Economic Times
Paris Jackson has approached a Los Angeles court seeking a $600 million transfer from her late father Michael Jackson's estate to a family trust meant for her and her two brothers. She argues that the trust has remained unfunded for more than 17 years despite the estate generating billions of dollars. The estate has disputed her allegations, citing ongoing legal issues with the IRS.
India may reimpose restrictions on exports of 100% broken rice as international prices cross $360 per tonne and domestic demand from ethanol manufacturers and poultry-feed producers increases, the Indian Rice Exporters' Federation (IREF) has warned. No fresh curbs have been announced so far.
The Reserve Bank of India has eased foreign exchange reporting rules for services exports and imports, reducing compliance requirements for resident individuals and setting a 1 million threshold for certain transactions. Resident individuals exporting services will be deemed to have filed export declarations after submitting payment details to banks, while reporting obligations for larger transactions and non-individual entities will continue.
Akshay Kumar and Saif Ali Khans neo-noir thriller Haiwaan, directed by Priyadarshan, arrived in theatres on September 11, 2026. A remake of the Malayalam film Oppam, it follows visually impaired Shyam Rane, who must protect a retired judges daughter from a revenge-driven killer. Reports suggest SonyLIV streaming, but an official OTT date remains unconfirmed.
Global financial markets face mounting pressure from geopolitical conflicts, rising government debt and trade tensions, raising concerns about the resilience of the global economy. While the AI investment boom has driven stock markets to record highs and supported growth expectations, rising borrowing costs, inflation, weakening currencies and the prolonged Iran war threaten to undermine investor confidence and expose deeper vulnerabilities.
The emotional resonance of discontinued brands often sparks nostalgia among consumers, igniting movements to bring back beloved food items. The recent relaunch of Hostess Twinkies and Reliance's Campa underscores this trend, driven by consumer demand. This longing for the past reflects the deep connections people form with brands, demonstrating how marketing influences consumer behavior and their affinity for familiar products.
While Adam Brody played the malevolent rockstar Nikolai Wolf in Jennifers Body, his real-life character seems much friendlier. In a viral Instagram clip posted by HotGirlsOrganize, the actor voiced his backing for wife Leighton Meester and progressive political causes, disclosing that he was campaigning in Michigan to assist in electing Abdul El-Sayed and take back the House.
In a heartbreaking tragedy, technology entrepreneur Adam Robinson and his family lost their lives in a plane crash in Florida. The incident involved a Learjet en route to the Bahamas, carrying nine individuals, near Mar-a-Lago. Co-founder of Robly and creator of GetEmails, Robinson achieved remarkable success in email marketing without the aid of venture capital, leaving behind a profound legacy in the industry.
Indias next phase of maritime growth will depend on improving logistics, inland connectivity and shipping services rather than simply expanding port capacity, according to a Ficci-Kearney report. Cargo handled at major and non-major ports rose 38% between FY18 and FY26, outpacing the 22% increase in capacity, while delays in moving goods after export approval account for 84% of measured export time.
Royal Enfield unveiled three new motorcycles at EICMA 2026 to celebrate its 125th anniversary. The Himalayan 750 features a powerful engine and advanced riding technologies for greater performance. The Continental GT 750 offers a modern take on the classic cafe-racer design with enhanced functionality. Additionally, the Flying Flea S6, an electric model, is set for launch in summer 2027.
A recent study indicates that global mental health is a pressing concern, particularly for younger populations. The research involved 50,000 participants across 92 countries and discovered lower mental health scores among youth. Older individuals showed improved mental health indicators and better perceptions of relationships. Respondents reported feeling positive about personal circumstances despite external stressors negatively affecting their well-being. Policymakers are urged to take specifi
Karnataka's Deputy Chief Minister G Parameshwara has requested Rs 22,400.58 crore in drought relief from the Centre. He emphasizes the urgency for the Prime Minister and union ministers to approve the funds. The revised memorandum indicates that 226 taluks suffered from drought, affecting millions of hectares of crops. Parameshwara critiques the insufficient assistance rates and seeks updated data for beneficiaries.
On Tuesday, Tamil Nadu's Chief Minister Joseph Vijay announced a remarkable distribution of Rs 3,000 crore to self-help groups statewide. During the event in Erode district, which received Rs 1,110 crore, over 9,000 members benefited directly. The Chief Minister also engaged with an exhibition displaying successful products crafted by women, enhancing support for their vital contributions to the local economy and showcasing their exceptional talents.
Hyderabad-based biotech startup PopVax, founded by Soham Sankaran, is developing AI-powered personalised cancer vaccines using mRNA technology. Inspired partly by his family's experience with pancreatic cancer, he aims to help the immune system identify and attack cancer cells using treatments designed around individual patients' tumour genetics.
A comprehensive study conducted over 36 years in Washington's Olympic Peninsula has unveiled striking insights into elk exclusion's impact on plant communities. Researchers found that while shrubs thrived, numerous smaller plant species vanished, underscoring the elk's critical role in promoting forest diversity through their feeding habits and behavior. These revelations challenge conventional views on herbivores, highlighting the importance of understanding ecological interactions for wildlife
Commerce and Industry Minister Piyush Goyal emphasized Indias commitment to safeguarding its dairy sector from free trade agreement pressures. He reiterated the nation's opposition to imports of genetically modified products, considering them sensitive. Goyal mentioned efforts to unlock new employment opportunities and promote domestic agriculture for competitive exports.
Delhi ACP Manasvi Vashistha received a suspension letter from the Ministry of Home Affairs a day after leading a protest at Police Headquarters against his transfer. Around 500 police personnel joined the demonstration following a confrontation between police personnel and lawyers at Shahdara police station on October 23.
Adani Airports CEO Arun Bansal emphasized the need for three national carriers to cater to India's aviation demands. He stated that strengthening domestic airlines is crucial before embracing more international competition. Passenger traffic is expected to rise, requiring robust airline ecosystems and regulatory changes. Adani Airports plans to invest significantly in infrastructure to support this growth. The company aims to expand its capacity and participate in upcoming airport privatization
Czech public television and radio employees initiated a one-day strike to protest government funding cuts and proposed changes. The planned funding shifts have raised concerns over media independence and potential political influence. Public protests supporting the strike were organized, attracting backing from artists and students. Opposition parties warn that these proposals could undermine democratic media practices, similar to changes seen in Hungary.
India aims to build a self-reliant defence ecosystem to meet national security challenges effectively. Defence Minister Rajnath Singh highlighted budget increases and production goals during a recent meeting. The focus includes modernizing military capabilities and enhancing personnel preparedness for contemporary warfare. Strategic autonomy, technological advancements, and operational readiness are crucial for India's military future. The objective is a military that can handle various security
An old tweet by tech entrepreneur Adam Robinson has gone viral after he died in a Florida plane crash at 44. Robinson, founder of Retention.com and RB2B, had written, You don't need to crash a plane to learn to fly ... and you don't need VC to build a business. Nine people died in the crash.
Apple reported its highest-ever quarterly revenue in India during the September quarter, along with record performances in its Mac business. The company experienced an increase in iPhone upgraders, with India being a significant contributor to this growth. Global services revenue also soared, reflecting successful expansion in emerging markets like India and Southeast Asia. Additionally, Apple Pay was launched in India to enhance payment experiences for customers.
Ranbir Kapoor's eagerly awaited film Ramayana is set to debut on November 5, 2023, following global screenings. Directed by Nitesh Tiwari, the epic movie boasts a staggering budget of Rs 4000 crore. With ticket prices differing by location, format, and showtime, viewers can experience this cinematic masterpiece in 2D, 3D, IMAX, or 4DX, starting with early morning shows across major Indian cities.
Bruce Springsteen ardently backs Democrat nominee Abdul El Sayed, saying the epidemiologist-turned-politician is a true fighter who upholds the ethos of the American Constitution.
India is seeking US liquefied natural gas through its renewed 20-year supply deal with Qatar, its biggest LNG supplier, as the Iran war disrupts shipments from the Gulf. Petronet LNG is discussing whether Qatar can source part of its contracted volumes from US facilities from 2028, helping India diversify supplies, retain its partnership with Doha and reduce future supply risks.
Mahesh Babu has joined Mumbai-based Shotgun Games as a strategic investor. Founded by Jeet Chandan and Vidhit Mehta, the studio is developing Project Takedown, an action-adventure game set in a futuristic Mumbai. The founders studied at Jain International Residential School and Anil Surendra Modi School of Commerce, respectively, and target a 2028 release.
Union Minister Nitin Gadkari has suggested Maharashtra Chief Minister to charge Rs 3 per unit for electric vehicle (EV) charging at night and Rs 5 during the day to encourage EV adoption. At the proposed night-time rate, an electric car delivering 5 km per unit could travel 1,000 km for just Rs 600. Gadkari said cheaper night-time electricity could make EVs more attractive to buyers.
Justin Timberlake's new Apple TV docuseries will premiere in May 2026 and explore the 2004 Super Bowl incident. This four-part series, directed by Fisher Stevens, may include Janet Jackson's perspective on the controversy. Timberlake faced public scrutiny following the exposure incident during the halftime show and subsequently apologized to both Jackson and Britney Spears.
India continues to maintain a strict policy against the import of genetically modified products, as stated by Minister Piyush Goyal. He highlighted that the dairy sector remains particularly sensitive and has not been opened in trade agreements. Goyal emphasized India's commitment to protecting its agricultural and fisheries sectors while seeking preferential market access for textiles and pharmaceuticals.
Nicole Taylor, one of the triplets in the country music trio Taylor Red, has died at age 35. She had been diagnosed with an aggressive form of breast cancer in 2022, which took her life. Nicole passed away on September 28, prompting her sisters to honor her memory online. The trio had achieved significant fame both as singers and social media influencers.
Zach Cregger's Resident Evil has crossed $400 million worldwide, becoming the highest-grossing film in the 24-year-old horror franchise. The reboot has earned over $157 million domestically and $242 million internationally. Starring Austin Abrams, the film also marks Cregger's biggest box office success, surpassing Weapons and Barbarian. Check where to watch it on OTT.
Rajinikanth's Jailer 2 has achieved significant milestones, surpassing Rs 800 crore in box office collections. It is recognized as the highest-grossing Kannada-dubbed film and outperformed several Bollywood movies. The film collected Rs 4 crore gross in India on Day 19, bringing its total worldwide earnings to Rs 812 crore. Directed by Nelson Dilipkumar, Jailer 2 features a strong cast, including SJ Suryah and Vidya Balan.
Air India CEO Tewolde Gebremariam emphasized the airline's commitment to enhancing financial performance and expanding its aircraft orders. The airline seeks to capitalize on significant growth opportunities in the aviation sector amidst current industry challenges. Gebremariam expressed the need for India to make timely decisions for its potential as a global aviation hub. Air India also aims to rethink its hubs and network structure to adapt to changing conditions.
Saas is not the epitome of evil, although Indian soaps have often demonised mothers-in-law by depicting them as shrewed, bitter harridans. In an interview, Madhavan denounced the concept of the evil mother-in-law and challenged the perception that you cant be friends with in-laws.
India is gearing up to start producing its own tunnel boring machines if China decides to limit its exports. This statement came from Piyush Goyal, India's trade minister, after Beijing made its recent announcement. It highlights Indias plan to not rely on foreign supplies and enhance its domestic manufacturing capabilities in this crucial area.

28 C