The Economic Times
Elections 2026Economy / The Economic Times
Rajinikanth's Jailer 2 collected Rs 7.50 crore net in India on Day 13, taking its domestic net total to Rs 415.65 crore. According to Sacnilk, its worldwide gross collection has reached Rs 744 crore, bringing it closer to the Rs 800 crore milestone. Kamal Haasan, Dhanush and several directors have praised the film, which reunites Rajinikanth with Nelson Dilipkumar and Anirudh Ravichander.
Mumbai nutritionist Vanshika Khurana has unveiled a quick and nutritious sandwich recipe that's perfect for health-conscious snackers. Featuring high-protein paneer, creamy Greek yogurt, and a medley of fresh vegetables, this sandwich boasts 20 grams of protein and just 450 calories per serving. The paneer is spiced and shallow-fried for a satisfying crunch, making it an excellent choice for an evening treat that won't derail your wellness goals.
Delhi and Baku are currently taking steps to improve bilateral relations through enhanced economic cooperation and connectivity initiatives. After a positive meeting, the Foreign Ministers of both nations emphasized the importance of the International North-South Transport Corridor. There has been a notable increase in Indian investment in Azerbaijan's energy sector, with cumulative investments reaching $1.26 billion. Additionally, both countries are working to strengthen security cooperation ag
MIT graduate and Jaipur-based founder Gaurav Kheterpal shared a heartwarming encounter with a young reader at Bengaluru airport's Terminal 1 lounge. The two spent nearly an hour reading without gadgets or distractions. When Kheterpal complimented the young man, he explained why he had chosen a quiet corner, prompting the founder to celebrate the simple joy of reading.
India's mobile phone production-linked incentive (PLI) scheme has generated Rs 25,000 crore in direct tax collections against Rs 19,000 crore paid in incentives, Union IT Minister Ashwini Vaishnaw said. The scheme has also supported employment, with mobile manufacturing accounting for 12 lakh jobs. The government is now looking to expand domestic production, boost component sourcing and strengthen India's electronics manufacturing ecosystem through a new Rs 62,500 crore scheme.
Indian jewellers are delaying gold purchases ahead of the festive season, betting that prices will fall further after dropping below $4,000 an ounce. MMTC-PAMP India says large jewellery chains remain cautious, while higher import duties, subdued rural demand and tighter import rules are expected to weigh on gold demand and imports during the October-December quarter.
Indian banks have seen their excess funds drop significantly as the Reserve Bank of India maintains liquidity tightness. This monetary policy is aimed at curbing speculation against the rupee, which has reached critical levels. The central bank has provided limited liquidity support and capped assistance at 1.5 trillion rupees. Consequently, overnight borrowing rates have risen close to the top of the monetary policy range.
Oheka Castle, an iconic Long Island estate featured in Taylor Swift's Blank Space, sold for a staggering $72 million in a live auction. This magnificent mansion, constructed between 1914 and 1919, boasts 127 luxurious rooms, a grand ballroom, and bespoke guest suites. Not only has it been the site of extravagant weddings, but it has also featured in popular television shows.
Shirley Ballas will guest judge on Dancing With the Stars. This special appearance is scheduled for the show's Horror Movie Night event later this month. Her son, Mark Ballas, is competing on the same season of the show. Joining the panel marks her first time judging in the US program. Ballas reassured fans she is not leaving her position on Strictly.
A US magistrate judge has rejected a new obstruction charge against two former FBI officials accused of making false statements to Congress about Hunter Biden's laptop, criticising prosecutors for improperly filing the amended complaint without judicial approval. The hearing also raised questions about the investigation's political motivations, with an FBI agent testifying that Director Kash Patel ordered the probe following a speech by President Donald Trump.
A brand gets the credibility and trust it strives for when it is noticed by the decision-makers with the right solutions. Explore how thought leadership, executive discussions, interviews, and strategic content can help businesses strengthen their position and build lasting relationships with key stakeholders.
Indian investors looking to invest overseas can choose between picking individual foreign stocks and investing through exchange-traded funds (ETFs). Understanding how these options differ can help investors decide how much control they want over their investments and how they can access global markets.
US President Donald Trump has announced the termination of a Biden-era rule aimed at reducing methane emissions from oil and gas operations, arguing that the move will save energy producers and consumers $45 billion. The rollback would ease restrictions on oil and gas companies, including requirements to detect and repair methane leaks. Environmental groups have criticised the decision, warning it could increase greenhouse gas emissions and undermine efforts to tackle climate change.
India's kirana market has seen new-age consumer brands expand their market share to nearly 22%. This increase has impacted the dominance of established fast-moving consumer goods companies. The shift is largely driven by changing consumer preferences and greater access to online channels. New brands face challenges in sustaining their physical distribution network against legacy players. Established brands are adjusting their strategies in response to growing demand for premium products.
The Securities and Exchange Board of India (Sebi) is reassessing its strict extra disclosure protocols for foreign portfolio investors. These protocols demand comprehensive investor data from funds with specific asset levels and concentrated equity risks. Sebi aims to reinforce market transparency while averting measures that could destabilize the financial landscape.
AWL Agri Business has reported a 2% decline in consolidated net profit for the September quarter. Revenue from operations, however, increased by 26.1%, reaching 22,270 crore. The company's food and FMCG business saw significant growth, with a 32% year-on-year rise in revenue. AWL plans to focus on expanding its packaged food offerings and entering new markets. Additionally, the company aims to develop the pulses category, which presents attractive profit margins.
Indira IVF is considering an acquisition of Sabine Hospital and Research Centre valued at 1,200-1,300 crore. Sabine provides a range of fertility and maternal healthcare services across two facilities in Kerala. The deal would strengthen Indira IVF's presence in the fertility treatment sector in India. Sabine is expected to generate a revenue of 230-250 crore in FY 27.
The Supreme Court expressed concern over the government's role in allowing steep medicine prices to persist. Justices Vikram Nath and Sandeep Mehta questioned the justification for significant price discrepancies faced by patients. The court highlighted a lack of accountability regarding how drug manufacturers benefit from inflated prices. Government representatives stated that regulatory measures should not encompass the entire drug pricing ecosystem.
Das said the BFSI sector has a crucial role to play in India's journey from a lower-middle-income economy to a high-income economy, through its intermediation in allocation of financial resources. He said the sector would be required to support India's next-gen Digital Public Infrastructure (DPI), be the frontline of green and transition finance and become the catalyst for democratising financial inclusion to support this journey.
Prices of several anti-cancer drugs are set to fall significantly starting November 9, offering some financial relief. However, the prices of top-selling patented treatments will remain unchanged after the revision by the NPPA. Generic cancer drugs will experience steep reductions, with some seeing over a 10-fold decrease in price. The Supreme Court is hearing petitions aimed at regulating high trade margins charged by hospitals.
Wise and DE Shaw signed leases for large office spaces in Hyderabad, indicating a rise in demand. The gross office leasing volume reached 4.21 million sq ft in the September quarter, surpassing previous figures. Hyderabad's leasing activity has now outpaced that of Delhi and Mumbai, positioning it as a strong market. This trend is attributed to global corporates establishing Global Capability Centers in the city.
HDFC Bank and Axis Bank together accounted for nearly 43% of the net additions during September, adding 539,878 cards between them. The two private sector lenders emerged as the largest contributors to fresh additions, followed by SBI Cards.
Cipla has partnered with Qilu Pharmaceutical to commercialize a biosimilar of Keytruda, which is a major cancer treatment. The patent for this drug is expected to expire around 2029, allowing for potential market entry. Cipla anticipates capturing a significant share of this lucrative market segment after the launch. Additionally, the company reported a 35% decline in consolidated net profit in the September quarter.
IRDAI chief Ajay Seth criticises the approach of some digital platforms, warns high commissions leave less in the risk pool, push up premiums even as regulator seeks to build consensus
The beloved Susan Saint James, known for her iconic roles in McMillan & Wife and Kate & Allie, has unfortunately passed away after a courageous fight against pancreatic cancer. Her departure leaves a profound impact on her family and fans. Raised in Rockford, Illinois, she managed to balance her illustrious television career with her dedication to family and offering support during tough moments.
Jaguar Land Rover is focusing on local assembly of the Land Rover Defender to increase its market presence. The company has reduced prices of certain Defender variants by significantly lowering their costs to attract more buyers. Despite being third in luxury car sales, JLR expects to close the gap with BMW through these changes. Amba anticipates a 20% increase in annual sales volume due to local assembly benefits.
Tata Electronics achieved nearly 1 lakh crore in exports during FY26, reflecting a 29% increase from the previous year. The company reported significant export revenues from the US, Taiwan, and Ireland, highlighting its growing role in Apple's supply chain. Despite this growth, the company faced a consolidated net loss of 1,611 crore in FY26, compared to 69 crore in FY25.
Regional rural banks are set to improve their cyber security through the establishment of cyber security operations centres. They will also develop capabilities for vulnerability assessments and incident response as part of the reform agenda. The Financial Stability and Development Council plans to enhance cyber security measures following previous ransomware attacks. New initiatives will include implementing enterprise data warehouse solutions for better data management and reporting.
The Central Board of Indirect Taxes and Customs has issued clarifications regarding GST registration requirements for businesses. Companies will no longer need to provide Udyam certificates or face rejections due to unpaid bills. Registration applications must be processed within seven working days with Aadhaar authentication. Tax demands must include clear justifications and cannot be arbitrary. These changes aim to simplify compliance and reduce disputes in tax administration.
Indian Railways plans to introduce a door-to-door parcel service using the Rail Parcel App in eight cities. Customers in Delhi, Mumbai, Kolkata, Chennai, and other cities can book pickups and deliveries. Logistics partners will manage first-mile and last-mile services, while the railways will transport parcels. Bookings can be made online, easing the logistics burden for customers. Refunds for cancellations will also be available under specific conditions.
The Centre eases GST rules on post-sales discounts from November 1, no longer requiring a prior agreement, which is expected to help FMCG and pharma companies and retailers.
The government plans to extend the PLI scheme for textiles for four years with easier criteria. This initiative aims to increase participation from micro, small and medium enterprises. The scheme, initially approved in September 2021, supports large-scale manufacturing of textiles in India. Lowering minimum investment and turnover thresholds is targeted to enhance accessibility for more applicants. Previously approved applicants committed investments of around 41,500 crore, surpassing initial pr
Fahadh Faasils Telugu fantasy-comedy Dont Trouble The Trouble marks his debut as a lead actor in Telugu cinema. Directed by Shashank Yeleti, the film follows an ambulance driver whose plan to kidnap a child takes an unexpected turn when he encounters a mysterious young girl played by Ssara Palekar. The film also stars Saurabh Sachdeva and blends comedy with fantasy and supernatural elements. Find out when and where the film will be available to watch online.
Commerce and Industry Minister Piyush Goyal highlighted India's potential to expand exports to China and ASEAN. Negotiations are underway for a trade pact with the United States that could provide India a comparative advantage. The country is also working towards an Investment Protection Agreement with the European Union. Goyal indicated that discussions for preferential trade agreements are progressing with multiple countries and groups.
Investments in artificial intelligence by major companies have significantly increased in recent years. The overall investment in other sectors has shown minimal change during this period. AI's potential to enhance productivity suggests that current spending may benefit various industries like healthcare and education. Concerns exist regarding potential overinvestment and its subsequent impact on the economy.
In the September quarter, Vedanta Iron and Steel reported a consolidated loss of Rs 324 crore despite a decrease in expenses, which fell by more than 9% to Rs 3,129 crore due to various operational difficulties. The company produced 532,000 tonnes of steel, reflecting a year-on-year increase of 4%. This showcases a notable enhancement in financial metrics amidst persistent issues in the iron ore sector.
ACC reported a significant 92% decline in profit for the September quarter, attributed to lower sales volumes. The companys profit stood at Rs 93 crore, a sharp drop from Rs 1,119 crore last year. Consolidated revenue also fell by over 5%, reflecting the impact of a supply agreement with Ambuja Cements. Total expenses increased by more than 2%, despite the drop in revenue during this period.
INDIA bloc has announced a public impeachment program against Chief Election Commissioner Gyanesh Kumar for October 30. Congress President Mallikarjun Kharge convened opposition leaders for this event taking place at his residence. A rally is scheduled for November 1 at Ramlila Maidan, with police approval subject to certain conditions. Organisers must ensure the event concludes by 5 pm and maintain proper facilities for attendees.
Maharashtra Chief Minister Devendra Fadnavis announced efforts to halt forceful loan recoveries by microfinance companies affecting farmers. As drought conditions worsen, the state government will provide Rs 5,000 relief to farmers during Diwali. The government approved Rs 1.5 lakh crore for additional assistance while ensuring direct fund transfers to farmers. Deputy Chief Minister Eknath Shinde confirmed that multiple benefits would be offered to farmers declared under drought.
The government had relaxed FDI restrictions imposed under Press Note 3 for countries sharing land borders with India, such as China and Pakistan, through Press Note 2 in March.
Reserve Bank Deputy Governor Poonam Gupta indicated that India's real GDP growth fell short due to external shocks. She highlighted that India has managed over 7 percent growth despite challenging circumstances in recent years. Additionally, Gupta expressed confidence that improved global conditions could enhance growth by another percentage point. She discussed the importance of diversifying economic activities to mitigate risks and emphasized that food security remains stable amid El Nino.
On Tuesday evening, a system outage caused delays in flight operations at Mumbai International Airport. Airport staff implemented manual check-in procedures to assist affected passengers and maintain essential operations. Despite these disruptions, Mumbai International Airport officials stated that there was no overall impact on operations. However, numerous flights experienced delays, with an average departure delay of 50 minutes.
Boxing champion Mary Kom has spoken about Priyanka Chopras 2014 biopic, saying the film showed only 10% of her struggles and hard work. After her Bigg Boss 20 exit, she said parts of the film were not real and suggested that her autobiography, Unbreakable, offers a fuller account of her journey. Mary also ruled out the possibility of a sequel.
Russia's agricultural exports to India rose significantly in the first nine months of the year. Agroexport reported shipments reached 1.3 million tons, primarily driven by sunflower oil. This represents an 11% increase in volume compared to previous figures, amounting to $1.45 billion. Trade between India and Russia has expanded significantly, growing more than 20% overall this year. Both countries aim for $100 billion in bilateral trade by 2030.
Muggles are waiting to witness the Hogwart magic on their screens on December 25th this year. They are excited to see how HBO is set to potray the story of 'The Boy Who Lived' and adventures with his two best friends to fight the evil Lord Voldemort.
Union Minister Sarbananda Sonowal engaged South Korean and Cypriot maritime leaders to enhance India's shipbuilding capabilities. Discussions focused on marine equipment manufacturing, shipbuilding investment, and sustainable technology initiatives. The Indian government is working to create a robust maritime ecosystem supporting green shipping and innovation. Partnerships with international companies are being explored to facilitate growth in maritime infrastructure and services.
Tax officials from the Directorate of Revenue Intelligence have visited offices and a manufacturing facility of Radico Khaitan. These actions are part of a broader industry-wide review on bulk Scotch imports. The scrutiny focuses on whether major liquor companies are misclassifying bulk Scotch to reduce tariffs. Radico Khaitan stated that the visits do not affect its financial or operational activities.
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The month of September 2026 marked a 6.5% decline in domestic air traffic from the previous year. SpiceJet's market share dwindled from 1.2% to 0.6%, whereas IndiGo and Air India gained traction. IndiGo led in On Time Performance at 91.1%, just ahead of Akasa Air at 90.8%. Sadly, many passengers dealt with a series of flight delays and cancellations across different airlines throughout the month.
The company will pay a monthly rent of Rs 1.08 crore for the space, at a rate of Rs 37 per sq ft per month. The agreement includes a security deposit of Rs 6.48 crore and provides for a 15% escalation in rent every three years.

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