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The Economic Times

Economy / The Economic Times

Why Nana Patekar walked away from Bollywood fame and chose rural life in Maharashtra's village. 'I am not from the industry'

Nana Patekar had a successful Bollywood career, but over the years he grew increasingly drawn to village life and the struggles of Maharashtras farmers. A television report on farmer suicides changed how he wanted to use his money, eventually leading him to co-found the NAAM Foundation with Makarand Anaspure. From drought-hit villages to water conservation, the actor found a sense of purpose away from cinemas glamour.

8 Oct 2026 9:21 am
Economists see food, oil stoking Indias September inflation

India's consumer inflation is anticipated to rise as energy costs increased significantly during September. Brent crude surpassed $100 a barrel, contributing to higher inflation alongside rising food prices. The Reserve Bank of India raised its key repo rate for the first time in nearly four years to combat inflation. Economists predict consumer inflation reached 5.40%, marking four consecutive months above the RBI's target.

8 Oct 2026 9:03 am
Nana Patekars wife had quit IIT for films. Who is Neelakanti Patekar?

Nana Patekar, an iconic actor celebrated in both Hindi and Marathi cinema, passed away in his Goa residence due to a cardiac arrest early on Thursday. He is survived by his wife Neelakanti and son Malhar. For the unversed, Neelakanti, also a renowned Marathi actress, shares a rich history of both personal and artistic achievements with Patekar.

8 Oct 2026 8:59 am
Nana Patekar death: When the Krantiveer actor talked about walking 8 km for Rs 35 and one meal a day. Humiliation and hunger taught me so much

Nana Patekar, the esteemed actor, sadly passed away at 75 following a cardiac arrest at his Dona Paula residence in Goa. His journey in cinema began through the encouragement of Smita Patil, leading him to filmmaker Ravi Chopra. Despite early financial challenges, his relentless pursuit to support his family helped refine his acting skills, preparing him for a remarkable career shaped by profound life experiences.

8 Oct 2026 8:45 am
Nana Patekar death: Before stardom, he earned just Rs 35 a month for painting Bollywood film posters, walked 8 km daily to do it

Nana Patekar, who died at 75 after a cardiac arrest, had faced severe financial hardship as a teenager. At an early age, he began working to support his family, painting movie posters for 35 a month while walking 8 km every day to reach work. His journey from those difficult years to becoming a three-time National Award-winning actor offers a glimpse into the life he lived before stardom.

8 Oct 2026 8:43 am
Nana Patekar's Pune farmhouse tour: Inside his massive 27-acre farmhouse with terracotta floors and wooden interiors

Nana Patekar was a renowned actor known for his intense performances and distinct dialogue delivery. After purchasing a farmhouse in Khadakwasla near Pune, he found tranquility away from Mumbai's film industry. The 27-acre property served as a retreat where he engaged in farming while enjoying natural surroundings. He died at the age of 75.

8 Oct 2026 8:29 am
Nana Patekar dies at 75: 10 iconic dialogues of the Bollywood star

Celebrated actor Nana Patekar has sadly passed away at his home in Dona Paula, Goa, at the age of 75 due to a cardiac arrest. Despite attempts to revive him, he was declared dead. Renowned for his remarkable performances across various films, his legacy will continue through memorable dialogues cherished by fans. Authorities have initiated a medico-legal case, and a post-mortem is scheduled soon.

8 Oct 2026 8:25 am
How did Ted Lassos dad die? Spoilers and everything you need to know about the Season 4 finale

Warning: This story contains major spoilers for the Season 4 finale. The episode goes back to Teds painful memories of his father when Henry asks about his grandfathers death. Heres what happens and why the moment matters to Teds relationship with his son.

8 Oct 2026 8:19 am
Nana Patekar net worth: Legendary actor dies at 75; Mumbai apartment, Goa residence, cars,income and real estate

Nana Patekar net worth: Veteran actor Nana Patekar has died at 75 after a cardiac arrest at his Goa residence, leaving behind a fortune built over decades in cinema. Here is a look at his Mumbai flat, his Goa property, his car collection and how much he actually earned.

8 Oct 2026 8:00 am
Nana Patekar cause of death: Veteran Bollywood actor dies at 75. He was found unconscious at his Goa residence

Nana Patekar, the renowned veteran actor, has passed away at his residence due to a severe cardiac arrest. Found unconscious, he was rushed to a nearby hospital where medical professionals attempted to revive him with continuous CPR.

8 Oct 2026 7:48 am
Iranian official says 'illegal routes' in Strait of Hormuz to soon be blocked

Iran's Revolutionary Guards have announced intentions to close illegal transit routes in the Strait of Hormuz. These routes allegedly facilitate oil smuggling operations and affect regional oil exports. Iranian officials maintain that the Islamic Republic has full control over this vital waterway. The situation will persist until Iran's demands are met, according to military advisers.

8 Oct 2026 7:04 am
US puts military in ready mode for possible new strikes on Iran: Report

Trump has instructed the Pentagon to prepare for possible military strikes against Iran, but no final decision has been made. The US military is focusing on possible targets in Iranian infrastructure and nuclear capabilities. Discussions about the situation are ongoing with Israeli officials, emphasizing the potential for renewed combat operations. Timeframe for operations may be influenced by upcoming elections in both the US and Israel.

8 Oct 2026 7:00 am
Delhi building collapse in Seemapuri: 1 more body found under debris, taking death toll to 4

A four-storey building collapsed in Delhi's New Seemapuri area, leading to the deaths of four individuals. Eight injured people were rescued from the wreckage and transported to the hospital for treatment. Rescue operations are still taking place, with teams from various agencies actively searching for more potential victims. Witnesses reported that nearby demolition work may have contributed to the building's collapse.

8 Oct 2026 6:57 am
Latest Malayalam OTT releases of the week: Pradhama Drishtiya Kuttakkar to Khalifa: The Ruler, new movies and shows on Netflix, JioHotstar, Prime Video, and more

This week's Malayalam OTT lineup includes various releases aimed at different audience interests. Titles such as Eyes, Khalifa: The Ruler, and Pradhama Drishtiya Kuttakkar highlight diverse narratives. All these films are set for streaming on platforms like Netflix and Amazon Prime Video. Read on!

8 Oct 2026 6:41 am
GST Council meeting 2026: What may change as GST 2.0 takes aim at ITC, refunds, arrest powers and other reforms

GST Council Meeting 2026: The GST Council, meeting in New Delhi, is expected to propose significant reforms for tax administration. One reform will address arrest powers for tax officers, requiring court orders for detentions. Input tax credits on certain business expenses may also be unblocked, which could benefit various industries. Small taxpayers may see a simplified registration process and reduced compliance requirements.

8 Oct 2026 6:00 am
Indias diesel exports hit 1-year high in September as record margins drive Europe shipments

Indias diesel exports rose to a one-year high of about 620,000 barrels per day in September as record refining margins encouraged refiners to maximise production and overseas shipments. Europe absorbed nearly half the volumes at 280,000 bpd, up 80% from August, as refinery disruptions tightened regional diesel supplies.

8 Oct 2026 5:30 am
RBI raises repo rate to 5.5% in first hike under Governor Sanjay Malhotra, shifts stance to calibrated tightening

The RBI raised its benchmark repo rate by 25 basis points to 5.5%, its first hike since February 2023, and shifted its policy stance to calibrated tightening. The move came as the central bank raised its FY27 growth forecast to 7.1% while warning that inflation and its outlook were no longer benign.

8 Oct 2026 5:30 am
What will happen to economy if India-US FTA doesn't happen? RBI Governor reveals

The impact depends on to what extent tariffs are going to be applied. So, it's premature to answer. But obviously it will have some negative impact, Malhotra said during the post-monetary policy press conference in response to a query on the impact on the economy if the trade deal with the US fails to materialise. However, India has concluded or implemented a series of trade agreements in recent months, which could help diversify its export markets.

8 Oct 2026 12:27 am
IATA backs carriers against unilateral capacity reduction at Mumbai airport

The global airlines body's comments follow the civil aviation ministry asking Adani Airports to defer a planned transfer of more than a third of Mumbai airport's international departures to the new Navi Mumbai airport during the redevelopment of Terminal 1 and submit a fresh roadmap after reengaging with airlines and other stakeholders.

8 Oct 2026 12:19 am
Pernod Ricard India begins operational steps ahead of potential IPO

Pernod Ricard India is actively working on transforming its legal structure from a private entity to a public one. This maneuver positions the company for a potential initial public offering in the coming months. The CEO has highlighted India's importance as a growth hub for Pernod Ricard, while supply chain enhancements are being made to avoid any disruptions during this significant transition phase.

8 Oct 2026 12:18 am
Sharjah eyes $3 billion Indian investment as ports shift amid Hormuz disruption

Sharjah is anticipating significant investment from India, targeting $3 billion between 2026 and 2027. The expansion of Khorfakkan port is crucial for attracting Indian manufacturers and logistics companies. With the current disruptions in shipping routes, Sharjah presents a strategic location for trade. The Khorfakkan port is also set to increase its container handling capacity significantly. Indian companies are showing heightened interest in Sharjah as a business gateway to the region.

8 Oct 2026 12:10 am
Electricity subsidy for existing businesses is taxable, Supreme Court rules

The Supreme Court recently ruled that electricity subsidies granted under the Income Tax Act are subject to taxation as revenue receipts. This ruling aligns with past decisions related to Mepco Industries and its claims from 1997-98. The court clarified that, although these subsidies aim to support operational costs, they are not intended to generate capital assets.

8 Oct 2026 12:07 am
India hotel deals nearly triple to $493 million in H1 2026

Hotel property transactions in India surged nearly threefold year-on-year to $493 million in the first half of 2026, JLL data showed. The firm has raised its full-year transaction forecast to $1.1 billion, up 94% from 2025. Tier-II and Tier-III cities accounted for about 60% of H1 activity.

8 Oct 2026 12:02 am
Government to review fixed costs for urea plants, subsidy payouts may change

In response to rising production costs, the government is launching a sub-committee to assess fixed-cost payments for urea producers. This initiative may lead to changes in the payment framework, directly impacting government subsidy allocations. The current fixed-cost formula has been stagnant since the financial year 2002-03, prompting industry advocates to request that heightened costs be factored into forthcoming reviews.

7 Oct 2026 11:51 pm
Annual pass takes a toll, transactions dip 5.2% in H1

Government data shows toll volume fell 5.2% to 2.13 billion in April-September from 2.25 billion in the year-ago period. Toll revenue rose 6.27% to Rs 42,971.82 crore from Rs 40,433.53 crore in the same period of 2025-26, a much slower pace of growth than in previous years.

7 Oct 2026 11:49 pm
Mia Goth-Shia LaBeouf divorce truth revealed: How did the couple first meet? Who is seeking custody of their daughter?

Mia Goth has filed for divorce from Shia LaBeouf, marking the end of their complicated relationship. They first met in 2012 while working together on a film and later married in 2016. After separating in 2018, they reconciled and welcomed their daughter in 2022. Goth is seeking primary custody of their child as they navigate their separation.

7 Oct 2026 11:47 pm
Lakhpati Didi scheme boosts household income: IIM Study

The Lakhpati Didi initiative, launched in 2023, aims to enhance women's income and savings in India. Recent studies indicate that household income has increased by 61% since the program's inception. Notably, the number of women-led enterprises has surged by 48% within a year.

7 Oct 2026 11:44 pm
Growth hinges on local reforms, not protectionism: Indermit Gill

The country has strong domestic consumption, relatively low private-sector debt and favourable demographics, along with rapidly expanding digital and physical infrastructure. But the growth opportunity is conditional: The transition should be driven by domestic reforms rather than protectionism, Gill, a former chief economist and senior vice president for development economics at the World Bank Group, said in an interview with ET in New Delhi.

7 Oct 2026 11:43 pm
Railways plans recast of freight wagon operations

Besides addressing commercial concerns, the national transporter also expects to improve the reliability of its network through predictive maintenance. The aim is to find emerging defects before components fail, an official said, noting that sensor readings and inspection data help maintenance teams identify unusual heat, impact, loading or wear patterns.

7 Oct 2026 11:32 pm
Nurturing a tiger economy, literally

The reintroduction of a tigress in Buxa Tiger Reserve marks a significant step in conservation efforts. This initiative aims to create a sustainable ecosystem that supports the local economy and tiger population. Enhancing tourism through tea cultivation and integrating timber industries will promote economic growth. The success of this project relies on strict adherence to conservation practices within the reserve.

7 Oct 2026 11:30 pm
NBFC services to banks will attract 18% GST

The interest on the underlying loan will remain exempt from GST. The 18% levy will apply to the taxable service supplied by the NBFC to the bank in the co-lending arrangement. The committee also decided to align the valuation of the NBFC's service with the methodology prescribed by the Reserve Bank of India.

7 Oct 2026 11:26 pm
Govt asks banks to develop a sector-wide quantum transition along with an AI resilience framework

According to the industry, major concerns in this segment include 'harvest now, decrypt later' threats, where cyber adversaries stockpile encrypted banking data for future quantum decryption. The finance ministry has also asked banks to assess post-quantum vulnerabilities and initiate mitigation measures, said an official, who did not wish to be identified. Each bank can prepare its internal strategy, but there has to be some common industry parameters, he added.

7 Oct 2026 11:23 pm
India, UK seek deeper investment ties

The agreement was part of the joint statement adopted after the fourth UK-India Financial Markets Dialogue, held in London on September 29 , the finance ministry said.

7 Oct 2026 11:18 pm
Power ministry issues compensation guidelines for transmission line right of way

New guidelines issued by the power ministry will help establish compensation for landowners affected by interstate transmission lines. States that have not set their own rates must now follow these central guidelines. The guidelines emphasize the importance of timely completion of transmission line construction and effective resolution of right of way issues. Compensation will be based on market values rather than outdated circle rates as previously practiced.

7 Oct 2026 11:10 pm
IndiGo flight struck by lightning, lands safely at Lucknow airport

Flight 6E925, operating from Patna to Lucknow, took the lightning strike while approaching Chaudhary Charan Singh International Airport. Despite the incident, the Airbus A320-251N completed the landing safely.

7 Oct 2026 11:07 pm
Akshaye Khanna not returning for Ikka 2; Sunny Deol to reprise his role as lawyer Arjun Mehra: Report

Sunny Deol will reprise his role as Arjun Mehra in the upcoming sequel 'Ikka 2'. Akshaye Khanna will not return, indicating a significant change in the franchise. The sequel will focus on a new storyline rather than continuing the first film's plot. Production is expected to start next year after finalizing the screenplay and theme. Both actors have busy schedules with several upcoming projects on the horizon.

7 Oct 2026 10:59 pm
KTR hits out at Rahul Gandhi over arrest of BRS leader; calls him 'coward,' 'undemocratic'

K T Rama Rao took a stand against Rahul Gandhi, condemning his undemocratic behavior during a protest in Delhi. He pointed out Gandhi's involvement in the political chaos in Telangana through ties with Revanth Reddy. The situation worsened with the arrest of BRS leader Krishank Manne, who is linked to allegations concerning Reddy.

7 Oct 2026 10:57 pm
Elon Musk accuses oligarchs of blocking Starlink India entry; calls it 'crime against people

Elon Musk has accused unnamed oligarchs of blocking Starlinks India entry to protect their monopolistic business interests, calling it a crime against the people of India. His comments came after SpaceX executive Lauren Dreyer said Starlink is ready to launch once it secures the remaining government approvals, including security clearance.

7 Oct 2026 10:50 pm