The Economic Times

Caleb Flynn was found guilty of multiple counts by the jury, including murder, felonious assault and tampering with evidence. Flynn apologized to his family just before being sentenced, starting with his two young daughters, who were home when he shot his wife in her sleep.

Texas has set October 5 as the final date for voter registration ahead of the November 3 election. Voters can register online but must return the application via mail or in person. Early voting is scheduled from October 19 to October 30, allowing citizens to participate in the upcoming elections. Concerns have been raised regarding the Texas Election Administration Management system affecting registrations.

The co-pilot of Smit Machchhar had plans of crashing into Ben Gurion airport earlier this year as well; he was a failed student at Melbourne university.

The Indian Bureau of Mines is inviting applications from companies to set up a mineral exchange. Interested applicants have until November 2 to submit their applications for consideration. This initiative follows the notification of the Mineral Exchange Rules, 2026, to facilitate trading of minerals. The government seeks to identify capable entities to establish a transparent and technology-enabled exchange.

The oil stockpiles that cushion the world from supply shocks have become scarily thin, putting markets at risk of worsening unless Hormuz reopens, according to the head of Aramco. When the US-Iran war began, the world had 10 billion barrels of reserves , that has fallen to less than 6 billion, he said.

Trentar Private Limited intends to invest 30,000 crore for a 500 MW green data centre park in Maharashtra. The company is assessing land options and aims to finalize evaluations within a month. An MoU with the Maharashtra government is expected to be signed soon. Permissions and approvals will be facilitated by the state government for the project under existing regulations.

During a recent Chintan Shivir in Gujarat, Nitin Gadkari brought attention to the essential role of quality and safety in national highway development. He pointed out that improved planning at the detailed project report stage is crucial. Effective surveys and timely clearances can significantly cut down on delays and costs, ensuring greater efficiency in highway projects right from the outset.

The GST Council is set to meet on October 8, focusing on whether government agencies should be brought under the GST regime. As it stands, only banks are subject to a 3% GST on gold imports, a situation that may change soon. Authorities are looking to standardize tax treatment to lessen disputes, which could influence bank and agency working capital.

Amidst ongoing geopolitical tensions and global economic uncertainty, India is showcasing remarkable resilience, paving the way for enhanced leadership. This trajectory is supported by a steady growth in exports and robust foreign investment. However, the emergence of artificial intelligence necessitates urgent workforce training initiatives. Addressing both technical and non-technical skills in training programs will be vital for equipping future job seekers as the economy adapts to technologic

In a significant move, the central government is set to implement a consolidated goods and services tax registration system for businesses operating across multiple states. This innovative system will facilitate a single application process, minimizing the administrative challenges associated with multiple submissions. It is worth mentioning that small taxpayers under the composition scheme will not be eligible for this benefit.

Flyadeal is considering expanding its operations in India to include additional cities like Lucknow and Kolkata. Currently, the airline has successfully established routes to Hyderabad and Mumbai. The airline's initial flights demonstrate strong passenger demand and high load factors on the existing routes. Challenges include rising fuel prices affecting fares and overall yields. The carrier aims to serve at least six Indian cities as it receives more aircraft.

Major structural collapses and severe serviceability losses in national highway projects are classified as catastrophic failures, leading to penalties for responsible concessionaires and enforcement of accountability.

CBIC chairman Vivek Chaturvedi met a delegation led by Shefali Goradia, chairperson, Deloitte, South Asia and the Silicon Valley Tax Directors Group (SVTDG), which brings together tax directors and finance executives from more than 100 leading US technology companies, primarily headquartered in the Silicon Valley region.

In response to a laboratory worker's suspected death from bubonic plague, Russian officials have enforced quarantine protocols. Approximately 200 individuals are under watch for potential exposure to the infection, which mainly spreads via flea bites or contact with infected wildlife. Despite its serious nature, bubonic plague is treatable with antibiotics, though the pneumonic variant poses a greater threat due to its direct human transmission.

The latest National Household Travel Survey reveals that two-wheelers dominate daily commuting choices, while buses make up over 50% of overnight travel, underscoring their role in long-distance journeys. Urban workers face higher commuting costs than their rural counterparts, and students mostly use walking and buses to get to school. The survey illustrates varied travel habits across states, emphasizing the significance of public transport options.

In response to India's questions on the legal basis by which the WTO director general is assigned the role of acting as the depositary of the Interim Arrangements for the Agreement on Electronic Commerce (ECA), the organisation said that serving as a depositary of the ECA would not conflict with the chief's role and responsibilities.

Abhay Soi, chairman of Max Healthcare, commented on scrutiny regarding hospital pricing in India. He stated that hospitals should be evaluated based on the entire clinical process rather than individual consumable prices. Soi explained that the administration of medical supplies involves significant training and compliance with storage and disposal regulations. He noted that hospitals have multiple billing items with varying margins contributing to an overall profit margin.

The government is actively exploring a proposal to expand central licensing authority over all sterile drug products following a recent Supreme Court decision that restricted the enforcement authority of central officials. A meeting of the drugs consultative committee underscored the essential requirement for specialized regulatory oversight for these sensitive products, aiming for uniform regulations. A dedicated sub-committee will evaluate the proposal's feasibility and gather legal insights b

Mid-sized organized restaurant chains such as Punjab Grill and Mad Over Donuts face financing challenges. Investors are being more cautious, focusing on sustainable profits and unit economics. As a result, several chains explore capital raises or stake sales. Recent investments favor businesses demonstrating strong financial performance and growth potential. Meanwhile, larger investments continue to thrive, creating a divide in the restaurant industry.

The oil ministry aims to establish a centralised mechanism for research and development in the oil and gas sector. This approach will align initiatives from state-run companies and other organizations with national priorities. The proposed Centre for High Technology will coordinate R&D project allocation, funding, and monitoring. State firms will maintain ownership of their R&D while working collaboratively with other entities.

The India-European Free Trade Association Trade and Economic Partnership Agreement has been effective since its implementation a year ago. Swiss President Guy Parmelin stated that strong interest from companies has been evident in various sectors. This agreement is expected to significantly enhance bilateral trade and attract long-term investment. Additionally, Switzerland seeks to strengthen cooperation in business and technology during the President's current visit.

Japan's Sumitomo Corporation has made a strategic investment by acquiring a 49% interest in a Hero Future Energies subsidiary for 375 crore, leaving Hero with a controlling 51% stake. This renewable energy project, based in Bidar, Karnataka, aims to produce 500 MW of electricity. Hero Future Energies' impressive 10 GW renewable energy portfolio underlines the significance of this partnership in Sumitomo's ambitions in India's growing energy sector.

Amazon is introducing extra benefits for Prime members during the festive season, starting with the Great Indian Festival. Prime members will enjoy additional discounts and cashback offers on various products. The company emphasises faster delivery, with same-day deliveries becoming increasingly common. With growth in membership from smaller cities, this initiative aims to create consistent value for customers.

National Housing Bank plans to double the refinance and affordable housing funds for large housing finance companies. These funds will be available to companies seeking long-term and cheaper financing options. LIC Housing Finance, Bajaj Housing Finance, and others are likely to benefit from this increase. The funding is expected to help reduce reliance on banks while promoting growth in housing loans.

Amitabh Bachchan exemplifies a lifelong commitment to fitness, adapting his regimen to suit his evolving needs. Currently, his routine focuses on mobility, strength training, and pranayama, all essential for overall well-being. His trainers commend his discipline and adaptability, proving that fitness can remain a priority regardless of age. Amitabh Bachchans journey reflects the importance of nurturing an active lifestyle as one grows older.

Adani Airports has suspended handling cargo related to Russian carriers at Mumbai airport due to sanctions compliance concerns. This decision has led to a dispute with representatives from Aeroflot and Volga Dnepr regarding previously arranged shipments. Currently, approximately 2.5 tonnes of cargo is lying in the airport warehouse while additional cargo seeks transportation. Delmos Aviation has requested intervention from the Ministry of Civil Aviation to resolve the matter.

Brendan Marrocco, who lost all four limbs in Iraq, has become a beacon of hope, inspiring the development of smart homes tailored for wounded veterans. With Gary Sinises support in fundraising, Marrocco's accessible home set the stage for a successful initiative that has now provided 100 homes. These personalized smart homes foster independence and reflect a nationwide dedication to supporting our heroes and their families.

A meeting involving bank heads is scheduled for Tuesday to assess the progress of financial inclusion schemes. Key initiatives include Pradhan Mantri Jan Dhan Yojana and Pradhan Mantri Mudra Yojana, which support small enterprises. Other schemes such as PM Jeevan Jyoti Bima Yojana and PM Suraksha Bima Yojana offer insurance coverage for different age groups. The StandUp India Scheme focuses on empowering SC, ST, and women borrowers.

Mercedes-Benz India has launched the Maybach S 580e plug-in hybrid priced at Rs 3.35 crore. This model is the first plug-in hybrid in the Maybach range offered in India. It features a combination of a six-cylinder petrol engine and an electric motor for enhanced performance. The luxury car provides a range of up to 98 km on a full charge with various safety features included.

Mumbai's Terminal 1 is set for redevelopment starting in January 2027, which has led to a flight reduction dispute. Airlines are concerned about shifting international flights to the new Navi Mumbai International Airport as it affects their operations. MIAL has planned to temporarily reduce international departures from Terminal 2 while accommodating displaced domestic passengers. The Civil Aviation Ministry is meeting with stakeholders to resolve the issue and finalize flight allocations.

Steel Authority of India Ltd has set a new benchmark with a record hot metal production of 10.2 million tonnes for the period of April to September 2026. The company also achieved significant figures in crude and finished steel production, totaling 9.6 million and 8.39 million tonnes respectively. Notably, high-end steel saw a remarkable production of around 2 million tonnes, while September marked the highest saleable steel sales at 1.

Consumer demand gained momentum for companies like Marico and Godrej Consumer Products in the second quarter. Retailers including D-Mart and V-Mart Retail showed strong sales growth, although D-Mart's shares declined significantly. Marico reported a double-digit volume growth, while Godrej tracked revenue growth in the teens despite inflationary risks. Nykaa experienced robust growth in its beauty and fashion segments during the quarter.

In a surprising twist, a Florida collector stumbled upon a missing Apollo 17 lunar sample while sifting through items at a garage sale, drawn by an ordinary wooden plaque. Unbeknownst to him, this unassuming find held monumental significance. After realising its historical value, he promptly contacted Louisiana officials and returned it to a state museum, leaving the mystery of its disappearance unsolved.

German mid-sized companies are increasingly expanding their engineering and technology operations in India, particularly in Bengaluru. More than 80 German companies operate over 150 global capability centre (GCC) units employing over 130,000 professionals. Access to engineering talent and skilled professionals in India drives this rapid growth, which has seen GCCs grow by 108% in five years. Many of these companies now collaborate with universities and startups to enhance capabilities further.

In a dramatic turn of events, British Airways flight BA295 found itself in an emergency situation as it rapidly descended from 37,000 feet to just 9,000 feet while heading to Chicago. This alarming altitude drop triggered the crew to squawk 7700, indicating a general emergency. The plane circled over the Bristol Channel to safely burn off fuel before landing, all while no injuries were reported and investigations began.

Dennis Hastert's reputation collapsed years after he left Congress when a federal investigation into suspicious bank withdrawals exposed payments intended to conceal sexual abuse dating back to his years as a high school wrestling coach.

The 57th meeting of the Goods and Services Tax Council has been rescheduled to October 8, starting at 11 am. The meeting's location is the Summit Room, Bharat Mandapam, in New Delhi. An Office Memorandum cited unavoidable circumstances for the date change without providing further details. Members of the Council have been notified about this alteration, and an apology has been expressed for any inconvenience caused.

In response to disruptions from the Middle East conflict, Haldia Petrochemicals Ltd is set to broaden its feedstock sourcing strategies. Currently reliant on 50% local supply and 50% from the Middle East, HPL plans to enhance its processing abilities by using condensate and up to 30% LPG at its West Bengal facility next year.

Tata Steel is channeling Rs 40,000 crore towards boosting the capacity of Neelachal Ispat Nigam Limited (NINL) by an impressive 5 million tonnes annually. This strategic acquisition, which was finalized on July 4, 2022, cost Rs 12,100 crore. After being idle for over three years due to financial turmoil, NINL is now revived.

The luxury vehicle market in India showcased a striking uptick in sales for 2026, reflecting a robust appetite for high-end automobiles. Mercedes-Benz led the way with impressive sales reaching 15,190 units in just the first nine months, bolstered by exciting new launches and upgrades from loyal customers despite supply challenges. Electric models, particularly with the CLA Electric's introduction, further supported this growth.

Navi Mumbai International Airport is set to enhance its transport network with affordable options for passengers. Multiple services include buses, taxis, and airport shuttles, offering economical travel across regions. The Maharashtra State Road Transport Corporation will begin the e-Shivai bus operations on October 7 for passengers. Besides, ride-sharing services such as Bharat Taxi and Uber will be available starting October 10.

Samsung's journey in India began in 1995, and since then, it has cultivated a strong foothold by prioritizing local manufacturing and innovation. With significant production facilities in Noida and Chennai, the Noida site has become a pivotal smartphone export center. The brand has filed more than 14,000 patents locally, demonstrating its pledge to support the growth of indigenous component supply chains and its influential role in India's electronics landscape.

Godrej Consumer Products Ltd anticipates strong consolidated revenue growth in the upcoming September quarter. This expected growth is driven by high demand across various markets and portfolios. The company is adapting to challenges posed by rising commodity prices through strategic pricing and cost management.

From a loan growth perspective, state-run banks' advances growth remained in the range of 12.59-29.83 per cent year-on-year in Q2, while private banks' growth ranged from 16.3-40 per cent during the same period.

The Directorate General for Trade Remedies in India is probing complaints from domestic producers about six imported products from China. Accusations of dumping have led to demands for anti-dumping duties. Additionally, the agency is also assessing Insoluble Sulphur imports. This comes as the trade deficit with China intensifies, along with continued investigations focused on multiple products' import practices.

As India and the US engage in talks for a bilateral trade deal, uncertainties loom over tariff treatments. Finance Minister Nirmala Sitharaman mentioned that the scope for concessions is limited, indicating a plateau. Ajay Srivastava from GTRI cautioned against making unilateral concessions, stressing that additional tariffs might complicate trade relations. An effectively designed interim agreement is crucial for ensuring substantial benefits for India.

Stephen Colberts film The Lord of the Rings: Shadow of the Past is currently paused, following significant corporate changes within Warner Bros. and Skydance. Although not outright cancelled, the production faces delays filled with uncertainty. This corporate turbulence might reshape the prospects for future Middle-earth endeavours, prompting a careful examination of established franchises. In the meantime, excitement builds for The Hunt for Gollum, potentially impacting Shadow of the Past's tra

Pumpkin and sesame seeds provide essential nutrients and can be turned into a nutritious milk beverage. Mumbai nutritionist Vanshika Khurana shared a simple recipe using only three ingredients for this milk. The preparation involves soaking, blending, and straining the seeds, which takes several hours. The leftover pulp can also be used in various recipes, adding nutritional value to meals.

Indian airlines have requested the Civil Aviation Ministry's assistance in securing timely credit disbursements under ECLGS 5.0. The Federation of Indian Airlines aims to alleviate the severe financial strain caused by rising fuel costs and other factors. ECLGS 5.0 provides significant financial relief to eligible airlines impacted by current global disruptions. The scheme is designed to support airlines through short-term liquidity challenges during the ongoing crisis.