The Economic Times

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.

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.

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.

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.

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 Compensation will be based on market values rather than outdated circle rates as previously practiced.

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.

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.

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.

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.

India's GST Revolution: GST has transformed India's indirect taxation system, eliminating many previous levies to streamline compliance and taxation. Following its introduction in 2017, businesses adjusted to new frameworks and updated regulations. Key changes included the phased introduction of e-invoicing and the removal of border checkposts enhancing logistics.

Vijay Deverakonda and Rashmika Mandanna emphasise the importance of keeping relationships private despite public attention. They believe that privacy helps protect what belongs to the couple and does not signify secrecy. Regular communication and small efforts are essential in maintaining a healthy relationship over time. Vijay appreciates how Rashmika expresses her feelings daily, encouraging him to do the same.

During the first half of the fiscal year 2026-27, private sector banks saw their share in the tri-party repo market come down, while public sector banks boosted their position in the collateralised overnight money market. Notably, mutual funds maintained a strong presence in the tri-party repo market.

Elon Musk on Wednesday alleged that Starlinks entry into India is being blocked by certain oligarchs seeking to protect their monopolistic chokehold over Indian consumers. Without naming the individuals or companies, Musk accused them of preventing the satellite internet service from entering the Indian market and called it a crime against the people of India.

Actress Yami Gautams 100-year-old home in Mandi, reportedly priced at a whopping Rs 8 crore, reflects a traditional Himachali architectural heritage. Built primarily with wood and stone instead of concrete, the residence is believed to showcase the centuries-old Kath Kuni construction technique. This ancient, indigenous method combines stone and wood to create structures that can survive the harshest of weather and earthquakes.

Myntra will launch its Big Fashion Festival on October 8. This year, the festival will showcase over 21,000 brands and more than 8 million styles. Ethnic wear, beauty products, and luxury items will be highlighted during the event. New celebrity collaborations and emerging brands are also part of the offerings.

Released in 1998, Kumar Sanu's 'Jab Kisiki Taraf Dil' from Pyaar To Hona Hi Tha is a timeless masterpiece known for its haunting melody and poignant lyrics. The captivating on-screen partnership of Ajay Devgn and Kajol played a key role in the song's enduring popularity. Sanu cherishes the song, which continues to enchant audiences and attract fresh listeners nearly three decades later with its heartfelt simplicity.

The Indian Super League has announced a partnership with YouTube for its 2026-27 season broadcasting. All 163 matches will be streamed live and free on YouTube, enhancing accessibility for fans. Sony Sports Network will broadcast the league on television, ensuring a comprehensive viewing experience.

India and the EU are set to strengthen trade relations and increase investments from German companies. The Indo-German Engineering Summit highlighted opportunities in advanced manufacturing and sustainability. Jan Noether emphasized the need for German companies to invest in local supply chains in India. Collaborations in technology sectors could enhance India's manufacturing capabilities and create engineering jobs. Greater engagement between Indian and German firms may foster long-term busines

The National Company Law Tribunal has set a new benchmark by approving 107 Resolution Plans in the second quarter of FY 202627, a remarkable rise from 60 approved plans in the corresponding quarter of the previous year. Over the first half of the financial year, a total of 185 plans were sanctioned. To date, the Tribunal has approved 1,735 Resolution Plans since its beginning until the end of September 2026.

The recommendations come as the central bank manages inflation risks alongside pressure on the rupee and capital flows. A 50-basis-point increase in December would mark a sharper pace of tightening than Wednesday's hike, if inflation and global conditions take the expected path.

India has emerged as the worlds second-largest supplier of seafarers, but its growing presence aboard global merchant ships has also left more Indians exposed to wars, piracy and unsafe working conditions. Recent attacks in the Black Sea and off Oman have put the spotlight on how India is trying to protect its maritime workforce through tighter regulation, repatriation efforts, real-time tracking and international cooperation.

Russia is strengthening its role as a key energy partner for India, supplying about half of its oil imports, with crude purchases exceeding $43 billion in 2025. A senior Russian diplomat said deliveries rose 25% in the first half of 2026, while both countries are exploring investments across oil, gas and nuclear energy.

India and the European Union launched an industry coalition for a green shipping corridor to bring companies together to develop cleaner maritime trade routes and accelerate the shift to low-emission fuels. India also plans to raise renewable energy use at major ports above 60% by 2030 and over 90% by 2047.

The report says to build a green workforce at scale, India needs to revise the National Policy for Skill Development and Entrepreneurship, 2015, to integrate green jobs as a core focus and establish a National Green Jobs and Skilling Mission as the implementation mechanism.

The RBI on Wednesday clarified that individuals are not required to report imports or export earnings under the new foreign exchange regulations, and said FAQs will be issued shortly to address confusion. Governor Sanjay Malhotra said reporting on the RBI platform is handled by banks and authorised dealers, not traders.

India could unlock a 1% GDP opportunity by reducing productivity losses from equipment breakdowns, unplanned downtime and inefficient assets, industry leaders said at MRAM Expo 2026. With 88% of Indian industrial businesses reporting monthly unplanned outages, experts are pushing predictive, data-driven maintenance to improve output and extend asset life.

Kenso Soai and Henri B. Kagan won the 2026 Nobel Prize in Chemistry for discoveries involving non-linear effects and autocatalysis. Heres what the Soai reaction is, how a tiny molecular imbalance can be amplified, and why the breakthrough matters for chemistry and the mystery of homochirality.

The Reserve Bank of India has set a Rs 25,000 crore threshold for banks to adopt new credit risk approaches. Banks with considerable derivative exposure or international presence will come under this rule. Lenders below this threshold can choose alternative risk measurement methods.

The India-UK Free Trade Agreement, which became effective from July this year, is supporting premiumisation in the domestic spirits market by making bulk Scotch imports more affordable for Indian manufacturers, ISWAI CEO Sanjit Padhi told.

Tamannaah Bhatia strikes the perfect balance in her fitness journey with a unique blend of strength and cardio exercises. Every morning, she energises herself with invigorating workouts like dance and yoga. Rather than adhering to rigid diets, she opts for moderation in her nutrition. Her trainer highlights the importance of precision in every movement. Ultimately, Tamannaahs approach reveals that consistency is key to fitness success.

Nandini milk prices: The prices of Nandini Milk are expected to rise by Rs 8 per litre, pending Election Commission clearance. This hike will mark the fifth increase since November 2022 and aims to support milk producers facing challenges. The government plans to implement the new prices by November 1, contingent on approval. Of the increase, Rs 6 will benefit milk producers while Rs 2 will go to milk unions.

Tata Power and Ocean Sun have teamed up to introduce pioneering floating solar solutions at Mulshi reservoir. This pilot program will analyze both performance and scalability tailored to Indian circumstances, generating key insights into energy generation and maintenance relative to traditional methods. The collaboration symbolizes a strong partnership in clean energy innovation between India and Norway, with the potential to significantly advance India's floating solar energy initiatives.

The RBI had introduced the special USD-INR forex swap facility on June 8, 2026, as part of efforts to strengthen foreign exchange reserves and support balance of payments conditions. The facility allowed banks to offer higher interest rates on FCNR(B) deposits by transferring the currency hedging cost to the central bank.

School holiday news: On October 8, 2026, most schools across India are set to operate normally and hold classes. Local disruptions, particularly due to weather, may lead to specific closures in certain areas. Parents are encouraged to verify school schedules and follow district notifications closely. Schools in states like Delhi, Uttar Pradesh, and West Bengal are expected to remain operational.

Actress Kiara Advani and her husband and Shershaah co-star Sidharth Malhotra shared good news again they were expecting a second child. While this is not the first time Kiara has been pregnant, she has always maintained a very good diet even as an expectant mother.

The collaboration aims to take Haryana-based cloud and data centre services to global markets and facilitate the hosting of overseas data in the state.

Gabriel India, flagship of the $2.6 billion-plus ANAND Group, has formed a joint venture with Frances Forvia to bring advanced automotive seating systems to India. Forvia will hold a controlling 50% plus one share, while Gabriel India will own 50% less one share, expanding beyond traditional suspension components.

Since 2023, Virat Kohli and Anushka Sharma have turned to Premanand Maharaj's ashram for spiritual enlightenment during pivotal moments in their lives. Despite rumours suggesting a financial motive behind these visits, Kohli's spokesperson has categorically dismissed such claims. Their time spent with Maharaj is characterised by deep discussions on life's hurdles and spirituality, which has emerged as a crucial element of their lives amidst the pressures of fame.

The Reserve Bank of India increased the repo rate by 25 basis points to 5.50 percent. Real estate companies in West Bengal anticipate a slight rise in borrowing costs for home loans. Developers believe that genuine homebuyers will remain undeterred in the long term. Concerns about affordability for first-time buyers may arise during the festive season. Developers are introducing flexible payment plans to sustain demand despite these pressures.

Before Salman Khan emerged as one of Bollywoods biggest stars, he was widely recognised as the son of celebrated screenwriter Salim Khan. A key member of the iconic Salim-Javed writing partnership, Salim was instrumental in shaping several major Hindi film successes, including Zanjeer, Deewar, Don, Trishul, Sholay and Shakti. In a recent conversation, Shahzad Khan, son of legendary actor Ajit Khan, discussed his fathers contribution to Salim Khans journey in th