The Economic Times

A former employee has found himself in an unexpected position after the toxic boss he says once made his work life miserable joined his new team five years later. The twist is that the employee had since risen to become a Senior Engineering Manager, making his former boss his direct report. The Reddit post has led to a discussion about workplace karma, toxic management and whether revenge is ever worth it.

Hotels and travel companies are seeing stronger festive-season demand, with bookings, occupancy and room rates expected to improve from last year. Travellers are increasingly opting for longer 5-9 day itineraries combining festivals and holidays, while spending more on stays and experiences. Search volumes for festive travel have also surged.

Singapore's government stated Air India losses pose no threat to local services. The minister confirmed Singapore Airlines has ample resources for its operations. This assessment follows Air India's request for significant new equity funding. Singapore Airlines' investment offers strategic access to India's large aviation market. The government believes the investment supports Singapore Airlines' future growth.

With gold prices soaring, consumers have increasingly turned to exchanging old jewellery, resulting in a notable decrease in advance purchase scheme deposits across the market. Notably, Titan's Tanishq chain experienced a staggering thirty-nine percent dip year-on-year in deposits. Similar trends were observed at Reliance Retail and Jos Alukkas, which both reported significant declines in the previous fiscal. Experts anticipate this pattern will persist until gold prices stabilize.

The revised draft rules for television, radio and associated services address some industry concerns but leave questions over OTT, FAST and open-internet services unresolved, media executives said. Broadcasters are also examining penalties, authorisation renewal provisions and requirements for temporary live sports uplinking. The ministry has invited comments by October 2.

Sandoz plans to more than double annual net sales by 2035, with biosimilars leading growth. The company will expand its biosimilar portfolio to 100 drugs by 2040. Sandoz targets mid-to-high single-digit sales growth from 2025 to 2030. Its net sales targets exclude potential contributions from generic GLP-1 drugs. Sandoz will invest an additional $300 million in a Slovenian biosimilar manufacturing facility.

A sharp fall in domestic sugar prices has made imports costlier than local supplies, complicating the Centres plan to bring in 1 million tonnes of raw sugar to cool prices. Port-based refineries have committed about 260,000 tonnes, but only a few thousand tonnes have entered the domestic market.

A government sub-committee has decided to uphold the 2020 rule for doorstep delivery of medicines, recognizing its critical importance for elderly patients and those living in remote locations. Despite the chemists' request to revoke the rule due to concerns of misuse by digital platforms, the sub-committee concluded that maintaining this service is essential for vulnerable populations, recommending instead a stricter enforcement of the existing regulations.

India should consider temporarily lowering ethanol blending in petrol to 15% during severe feedstock shortages or sharp food-price pressures, while retaining the 20% target as a long-term goal, an ICRIER paper said. It also recommended greater sugar imports, flexibility in ethanol imports and faster adoption of non-food-based second-generation ethanol.

Several Indian states are actively seeking investments from the United Arab Emirates. They are offering customized incentives and industrial land to attract foreign capital. These states aim to use the UAE as a gateway for broader global market access. Madhya Pradesh and Odisha are leading this investment drive with specific sector focuses. Punjab and Bihar are also actively engaging UAE businesses for economic growth.

Electra EV is optimistic about its business prospects, projecting a threefold increase in revenue for this fiscal year. With robust demand across multiple electric vehicle segments, the company forecasts similar growth for the following year. Additionally, battery energy storage systems are expected to play a crucial role in driving this expansion. Founded by Ratan Tata, Electra EV is gearing up for unprecedented growth.

Renewed weakening of rainfall in August and expectations of a deficient September could pose risks to Indias upcoming rabi season, Crisil said. It flagged cotton, bajra, maize, tur, groundnut and soybean as particularly vulnerable. Rainfall deficiency has widened to 14%, while September rainfall is forecast below normal.

India's Digital Communications Commission has approved satellite spectrum pricing for operators. This decision paves the way for airwave allocation to companies like Starlink and Jio Satellite. Firms will pay five percent adjusted gross revenue as spectrum fees. A one percent reduction is offered for serving rural and remote areas. Final approvals and security clearances are now pending for service launches.

State oil companies are grappling with substantial bulk diesel sales losses as numerous large customers pivot to retail pumps to evade soaring prices. This behavioral shift echoes past trends observed during the US-Iran conflict. The surge in diesel rates is fueled by global supply shortages and elevated crude prices, prompting smaller contractors and businesses to adapt by purchasing through retail channels to mitigate fuel expenditures.

Psychology Test: Choose One Answer Without Overthinking. Your Answers Reveal Your Thinking Style

The government has initiated the second application phase for its coal gasification scheme. Seven projects applied in the first round, seeking support for various industrial products. This initiative aims to boost domestic production and reduce import dependency significantly. The scheme offers financial aid for establishing new coal gasification facilities. India currently holds sufficient coal stocks for its power generation needs.

Scientists experimented with cloud seeding to encourage snowfall on China's Muz Taw Glacier. This artificial snow increased the glacier's reflectivity, reducing heat absorption. Mass loss decreased by fourteen to seventeen percent after the snowfall experiment. Researchers noted this method requires suitable clouds and further extensive studies. The experiment offers a glimpse into unusual interventions for slowing glacier retreat.

The Ministry of New and Renewable Energy is inviting proposals for solar thermal technology. Financial support up to fifty percent is available for industrial process heating applications. This initiative aims to reduce fossil fuel consumption across various sectors. Start-ups and entrepreneurs can receive assistance capped at two crore rupees. Proposals for this renewable energy program are due by October seventh.

Andhra Pradesh has approved a new defense and warship facility at Machilipatnam. Goa Shipyard Limited will invest 8,000 crore in this significant expansion project. This new facility will be the PSU's first venture outside its home base in Goa. Preparatory work begins next month, with trial production expected by January 2028. Commercial production for the first phase is slated to commence in May 2028.

National Highways Authority of India is accelerating project awards for the upcoming fiscal year. Seventy-two percent of identified projects are on track for early award. This rapid pace aims to reverse a recent slowdown in infrastructure development. Many projects require ministry and cabinet approvals before bidding commences. Uttar Pradesh and Telangana will receive the most highway projects.

Banks are planning to auction cars and vehicles on the BAANKNET platform. This initiative aims to streamline the recovery of non-performing assets for lenders. The platform will integrate with VAHAN and RTO services for complete vehicle information. PSB Alliance operates BAANKNET and has already facilitated numerous property auctions. This expansion seeks to enhance efficiency and transparency in asset recovery processes.

Quote of the day by Eric Clapton explores how sadness can sometimes bring comfort instead of despair. His words offer a thoughtful life lesson about emotional strength, empathy and shared human experiences. Difficult feelings can make us feel isolated. But recognising that others face similar struggles can bring perspective, acceptance and a quiet sense of relief.

Household manufacturing in India is growing nearly four times faster than corporate entities. This sector's gross value added shows a substantial compound annual growth rate. Corporate manufacturing's share of total manufacturing GVA has seen a decrease. The expansion is driven by smaller businesses and better informal sector data. Textiles, apparel, and metal products lead household manufacturing growth.

Russian President Vladimir Putin will visit India for three days from Friday, holding talks with Prime Minister Narendra Modi on defence, energy and economic cooperation. Ukraine and West Asia will also feature in discussions. Putin will attend the BRICS summit and visit Innoprom, amid Moscows alignment with Indias peace efforts.

Demand for jobs under the new rural employment scheme increased in August. Work sought by households rose significantly from the previous month. Millions of people sought employment opportunities across various Indian states. The new law provides more guaranteed employment days annually. It also sets a minimum daily wage for all workers.

India is close to finalizing its model text for bilateral investment treaty talks with the United Kingdom. Internal discussions on the draft agreement are nearly complete and cabinet approval is expected soon. The government is reviewing measures to make the treaty more attractive for foreign investors. This comes after previous talks stalled over taxation issues and international arbitration cases.

King Charles has officially clarified that Prince Harry and Meghan Markle will continue as non-working royals, despite their recent visit to Britain after years abroad. This announcement emphasises that their charitable activities are personal endeavours rather than royal duties. Interestingly, the couple was taken aback by how the news was communicated to them. While they retain their titles, the use of their Royal Highness styles has been discontinued.

Laurie Charpentier made a bold leap from her corporate job to embrace true success through freedom. Together with her husband, they now manage various small businesses thriving on their micro-farm. This lifestyle transformation involved tough financial choices, reshaping their income sources away from a single employer. Charpentier's narrative showcases time management as a new definition of wealth, emphasising autonomy over mere monetary gain.

Ranveer Singh and Deepika Padukone celebrated daughter Duas second birthday by sharing rare black-and-white family photos. The album offers glimpses of Dua with her parents and Deepikas baby bump as the couple prepares to welcome their second child. Ranveer captioned the post, Baby Dua and our hearts are getting bigger! Thank you for your blessings! The couple has largely kept Dua away from the spotlight since her birth in 2024.

The Roy family has secured control of the Peerless conglomerate after a long legal dispute. The Supreme Court dismissed a petition, ending a three-decade corporate legal battle. This judgment brings finality to a significant chapter in Peerless's history. The family holds approximately sixty-six percent of the company's shares. The court upheld the validity of the company's past decisions.

Bengaluru Traffic Rules: Bengaluru Traffic Police are set to roll out traffic restrictions in phases on two key elevated corridors. Initially, goods vehicles will face restrictions on the Airport Road Elevated Corridor, while two-wheelers and autorickshaws will continue to be allowed to use it for the time being. Similar restrictions on goods vehicles will also be introduced on the Electronic City Elevated Corridor, with further limitations to be implemented based on traffic assessments.

After realizing that raw amla sales were not lucrative, Shyam Singh's family pivoted to processing amla into juice and other by-products, resulting in improved financial returns. This value addition has notably increased their income from each acre. Currently, they cultivate amla on four acres, focusing on extensive processing, inspiring fellow farmers to explore food processing for better profitability in agriculture.

To ensure energy self-sufficiency, India must boost its domestic oil and gas output. Arun Kumar Singh, Chairman of ONGC, highlighted the significance of innovation in minimizing import reliance. The emergence of startups is essential for creating groundbreaking technological advancements in the energy domain. Adjustments to procurement regulations for oil public sector undertakings are necessary to support these new technologies.

Emraan Hashmi returns as Shivam Pandit in Awarapan 2, nearly two decades after the original film. The sequel has made a strong start at the box office, and attention is now turning to its digital release. While the makers are yet to announce the exact OTT premiere date, the films streaming destination has already emerged. Heres what fans need to know about when and where Awarapan 2 could arrive online.

In a pioneering initiative, University of Houston engineers have ingeniously turned retired wind turbine blades into durable highway signs, withstanding wind speeds of over 100 mph during recent storms. This clever repurposing leads to substantial savings on raw materials and minimises environmental repercussions. This endeavor emphasises the sustainable potential of long-lasting materials long after their primary use.

M3M India proudly secured a massive 12.5-acre land parcel in Noida for around Rs 2,000 crore, further bolstering its footprint. Alongside this, they acquired an additional 6-acre site in sector 98 for Rs 414 crore. Both properties are earmarked for mixed-use, combining residential and commercial ventures. With a commitment of Rs 2,500 crore for land, they aim to finalize 7.8 million sq. ft. of ongoing projects this fiscal year.

Symphony will enter Indias room air conditioner market from the December quarter, while making a phased foray into BLDC ceiling fans and air purifiers. The air cooler maker will use an asset-light, third-party manufacturing model, leveraging its cooling, distribution and service capabilities to expand its addressable consumer-durable market.

India has joined a global coalition spearheaded by the United States to advance the development of 6G wireless technology. The partnership, which includes 25 nations, aims to align national strategies for 6G and ensure that next-generation networks reflect shared security interests. The initiative was discussed during the G20 Innovation Ministerial, while India has set an ambitious goal of becoming a leading contributor to 6G design, development and deployment by 2030.

Houthi attacks on Saudi energy facilities have disrupted oil operations. These strikes also pressure the Bab al-Mandeb chokepoint, impacting oil flows. The Strait of Hormuz remains impaired, creating a dual threat to global supply. This situation makes significantly lower oil prices before late 2026 increasingly unlikely. Oil prices may potentially slip back into above-$100 territory.

Victorias Wyndham City turned 199,000 recycled bottles into a 200-metre footpath in 2019. The project showed how plastic waste could be given a practical second life through sustainable infrastructure. Within a year, the recycled footpath had grown to 339 metres. It also delivered 1,700 kilograms in carbon savings. The initiative offered a simple example of how recycling can support greener public spaces while reducing waste and emissions.

The Digital Communications Commission approved most Trai recommendations for satellite spectrum. Starlink, Eutelsat OneWeb, and Jio Satellite Communications received permission for satcom services. The Department of Telecom will seek Cabinet approval for pricing and allocation. Trai recommended a five-year satellite broadband spectrum allotment with extensions. The regulator also favored subsidies for user terminals in remote rural areas.

Real estate's contribution to India's GDP could rise from the current 8-9 per cent to 15-20 per cent by 2047, with expansion across residential, office, warehousing, logistics, education and healthcare segments, although the sector faces several headwinds, Gulam Zia, International Partner and Senior Executive Director - Research, Advisory, Infrastructure and Valuation, Knight Frank, said on Tuesday.

Three California students founded Go Greenish, a youth-led movement for school climate policies. Their advocacy led to electric school bus grants and improved recycling programs. Go Greenish has since expanded, involving over 600 student volunteers across eleven states. The organisation now supports waste reduction and community garden initiatives. These students proved that young people can influence environmental decisions today.

DHR Holding India has leased nearly 1.8 lakh square feet of office space in Bengaluru. The company secured three floors at Sumadhura Capitol Towers for a five-year term. This fresh lease commenced on April 1, with a monthly rent of Rs 1.34 crore. The total rental outgo over five years is estimated at approximately Rs 88 crore. Bengaluru continues to see significant office leasing activity from multinational corporations.

The Supreme Court dismissed Bhagwati Developers appeal against the NCLAT judgment, bringing finality to a more than three-decade corporate dispute involving Peerless General Finance and share transactions dating to 1987-88. The NCLAT had rejected allegations of financial impropriety and upheld the validity of the corporate decisions and transactions.

Elizabeth Holmes was just weeks away from beginning her prison sentence when she made an unexpected choice; she allowed Nathan Fielder and a film crew into her home. The decision has now become the focus of a new documentary, raising questions about why someone facing such intense public scrutiny would willingly step in front of the cameras again. Psychology research on motivated reasoning and self-deception may offer some clues.

Vatsal Desai is excited to introduce Vaultfy, an innovative luxury travel concierge platform, set to launch on September 17. This app will showcase an AI assistant named Alfred, designed to handle all user requests efficiently. Vaultfy's mission is to eliminate the need for traditional middlemen and provide better pricing through streamlined services. Users can choose monthly or annual subscriptions, with family packages in the pipeline.

Air India's reported $1.5 billion funding request from Tata Sons and Singapore Airlines has triggered political scrutiny in Singapore over state investor Temasek's indirect exposure to the Indian carrier. Singapore officials defended Singapore Airlines' investment decisions while condemning anti-Indian online abuse targeting Temasek CEO Dilhan Pillay Sandrasegara.