The Economic Times

Silverware can become tarnished due to exposure to sulfur compounds present in the air, leading to the formation of silver sulfide. A handy home remedy involving boiling water, salt, baking soda, and aluminum foil can effectively diminish this tarnish. However, its vital to note that this cleaning solution may not suit all pieces of silverware, so one should exercise caution.

Sai Pallavi attended the international trailer launch of Ramayana, emphasising her preference for minimal makeup. She opted for a fresh-faced look, highlighting her natural features instead of bold cosmetics. The event featured her in a pink silk saree alongside understated accessories that complemented her appearance. Sai's consistent choice of simple beauty reflects a growing trend among celebrities favoring a natural aesthetic.

Houthi attacks on Riyadh airport and Saudi Aramcos headquarters have exposed vulnerabilities in Saudi Arabias air defences, threatening its ambitions to attract foreign investment and diversify its economy. Experts cited by Reuters point to Iran-backed weapons development, increasingly self-sufficient Houthi production capabilities, depleted US interceptor stocks and the groups growing combat experience.

Jewellery stocks, including Shanti Gold International, PC Jeweller and Sky Gold and Diamonds, rose sharply on Friday as mutual fund houses temporarily restricted fresh subscriptions to gold ETF Fund of Funds. With the festive and wedding season approaching, analysts expect resilient gold demand, while organised retailers could benefit from market share gains.

Mahesh Tinaikar, the lead guitarist of pioneering Indian rock band Indus Creed, died aged 63, reportedly following a heart attack. The musician performed alongside international acts including Bon Jovi, Slash, Europe and Uriah Heep, with the band recalling a show before more than 40,000 people. Indus Creed helped shape Indian rock through original albums, landmark tours and blending Hindustani classical instruments with rock. Farhan Akhtar and Vishal Dadlani paid heartfelt tributes, remembering

Billy Joel recently shared a candid health update, highlighting the need for various tests before taking to the stage again. He revealed that he suffers from hydrocephalus, impacting his balance and driving abilities. Consequently, Joel has made the tough decision to auction his beloved motorcycle collection, aiming to benefit the Joel Foundation.

Obsession is set to debut on OTT in India, this Halloween. The highest-rated 2026 horror film, featuring Michael Johnston and Inde Navarrette, delves into the dark sides of obsession and toxic relationships. It revolves around a young man's desire for his crush, fueled by a mystical object. Audiences can experience the uncut edition.

Persistent Systems shares fell 5% despite 7.8% sequential constant-currency revenue growth in Q2FY27, as margin contraction and a sharp decline in profit weighed on sentiment. Brokerages remained divided on the stock amid valuation concerns and acquisition-related costs.

On Friday morning, benchmark indices Sensex and Nifty made a remarkable recovery after a short dip into negative territory. The IT sector continued its upward trend for the fourth consecutive session, with significant contributions from industry leaders such as Tech Mahindra and Infosys, which surged, boosting the sectoral index. While a few companies faced declines, the general market outlook remained optimistic, following a notable rise earlier in the week.

Sebi has revised the Closing Auction Session (CAS) framework after receiving more than 20,000 comments from stakeholders. The updated rules introduce a 10-minute closing auction, restore the VWAP method for F&O expiry settlement prices and clarify order transfers. Most changes will take effect on December 7, 2026.

Around 17 mutual fund houses have temporarily halted fresh subscriptions to gold ETF Fund of Funds from October 1516, citing SEBI-related instructions or unspecified reasons. Redemptions and existing systematic investments continue, amid rising gold ETF inflows and seasonal festive demand ahead of Dussehra and Diwali.

Carnelian Mutual Fund has launched its new Carnelian Small Cap Fund, now available for investors. Targeting a size cap of Rs 5,000 crore, this fund seeks to preserve investment flexibility while focusing on small-cap stocks with strong growth potential at fair prices. It employs an in-depth research strategy to uncover viable businesses and attractively valued opportunities.

Representatives from Ladakh condemned a recent statement by China claiming the region as part of its territory. They emphasized that Ladakh has never been part of China in recorded history. During a press conference, concerns were raised about the necessity of Indian governmental response to the Chinese assertion. The people of Ladakh expressed their support for the Indian armed forces during conflicts with China.

As per Sebi norms, these schemes must invest 65-80% in stocks, and 20-35% in debt. This mixed portfolio helps to deal with the market volatility better. When the equity market is in turmoil, the debt part of the portfolio softens the blow. This helps new investors to continue with their investments without worrying too much about volatility.

Mahesh Tinaikar, lead guitarist of pioneering Indian rock band Indus Creed, died aged 63 after a cardiac arrest. The son of former Bombay municipal commissioner S S Tinaikar, he discovered rock music as a child and picked up a guitar at 18. He co-founded Rock Machine in the 1980s, later known as Indus Creed. The band helped shape Indias rock scene, earning accolades and reuniting in 2010 after disbanding in 1997.

Global hedge funds suffered steep losses as investors unwound artificial intelligence-related trades amid inflation concerns and expectations of higher interest rates. Asia-focused stock pickers were hit hardest, losing 6.8% in early October, while global fundamental long-short funds fell 2.9% through October 15, according to Goldman Sachs data cited by Reuters.

Ladakh representatives expressed dissatisfaction with the Ministry of Home Affairs draft proposal after a meeting in Leh, citing a wide gap between the two sides positions on constitutional safeguards. They are seeking legislative, executive and financial powers, with the next meeting scheduled for October 22 in New Delhi.

Karur Vysya Bank shares rose sharply after the private sector lender reported a 37% year-on-year rise in Q2FY27 net profit to Rs 788 crore. Net interest income grew 19% to Rs 1,497.3 crore, while total business increased nearly 18% to Rs 2.40 lakh crore.

HDFC Bank is set to unveil its Q2 results on October 17, 2026, showcasing key financial indicators. Analysts predict a year-on-year rise in net interest income of about 8%, driven by an increase in loans. Profit after tax forecasts vary among brokerages, reflecting a range of expectations regarding the bank's financial health.

An alleged mass shooting plot targeting Indian Americans at the Sri Venkateswara Swami Balaji Temple has emerged. Alexandros Paporakis, 19, was arrested after police uncovered a manifesto containing extremist ideologies and a detailed attack plan. Local officials, including Congressman Raja Krishnamoorthi, condemned the threat and called for collective action against hate. The incident has sparked concern from the Indian government and advocacy groups about rising anti-South Asian sentiment.

As the festive season approaches, India's gems and jewellery sector braces itself for an influx of consumer demand. Analysts believe that sustained purchases tied to weddings could boost sales, even amid rising gold prices. While Titan Company and Kalyan Jewellers remain prominent, Senco Gold and Lalithaa Jewellery Mart are capturing investor interest.

Chinas wealthy individuals are restructuring offshore trusts, selling investments and reassessing residency amid a new 20% tax on overseas trust income. With an October 22 declaration deadline approaching, uncertainty over enforcement and liabilities is prompting asset sales, borrowing and delayed investments as Beijing tightens scrutiny of offshore wealth.

Reliance Industries stated that it welcomes competition, including Starlink, in the satellite communications sector. The company emphasized the need for all players to comply with Indian laws and regulations. Reliance noted that its satellite services are also awaiting necessary approvals. Elon Musk raised concerns about competition being hindered by oligarchs in India. The communications ministry reaffirmed the requirement for security compliance prior to spectrum assignment.

As medical treatment costs soar, should you rely solely on health insurance or build your own personal medical fund? This article explores the benefits and drawbacks of each approach, emphasising the importance of starting early and considering a combined strategy. Learn how to manage healthcare costs effectively and protect your financial future.

Persistent Systems, Ujjivan Small Finance Bank, Siemens Energy India, and Nestle India recorded futures open interest increases exceeding 11% on October 15, indicating heightened derivatives market activity.

South Koreas KOSPI rebounded 2.36% on bargain hunting after a steep selloff, but remained on track for its biggest weekly decline since October 2008. Concerns over AI investment sustainability and continued foreign selling weighed on investor sentiment.

Teslas redesigned Roadster recently stunned audiences by performing aerial maneuvers, including driving upside down and flying briefly, at a SpaceX facility. While showcasing advanced technology, experts remain cautious about the practicality of flying cars for everyday use. As production delays push the launch to 2028, questions linger about safety and regulatory approvals for the ambitious electric sports car.

Japans Nikkei rebounded 1.75% after six consecutive sessions of losses, supported by bargain hunting and gains in technology and banking stocks. However, the index remained on track for a weekly decline as investors awaited corporate earnings and US midterm elections.

Is Ranabaali a real story? Vijay Deverakonda and Rashmika Mandanna's Ranabaali draws inspiration from the Great Madras Famine of 187678. Here's what history reveals about the famine and the real-life origins of Ranabaali, Jayamma and the film's British antagonist.

Wipro reported a 9.1% year-on-year rise in Q2FY27 revenue to Rs 24,752.7 crore, while net profit fell 1.9% to Rs 3,201 crore. The IT major expects Q3 revenue growth of -1.5% to 0.5% sequentially in constant currency terms. Nomura retained its Buy rating with a Rs 200 target, citing a slight revenue beat and confidence in delayed large deals closing.

Reliance Jio is set to roll out an ambitious Rs 30,213 crore IPO featuring solely new equity shares, not existing ones. In light of mixed results from recent Indian IPOs, this move aims to cut down Jio's debt while bolstering its financial standing. The company's IPO, valued at Rs 10.

Mizoram Chief Minister Lalduhoma launched four digital financial management initiatives aimed at ensuring transparency and accountability. These initiatives include the Mizoram Integrated Works Accounts System, e-Sanction, e-Budget, and 100% Direct Benefit Transfer. The new systems will streamline public financial management across various state departments for better efficiency. Payments under state schemes will now be directly transferred to beneficiaries' bank accounts after Treasury approval

Mahesh Tinaikar, an iconic name in Indian rock music, passed away at 63 in Mumbai. He majorly impacted the band Indus Creed, once known as Rock Machine, and played a key role in defining the independent rock landscape in India.

Chinas yuan remained stable against the dollar, heading for a third consecutive weekly gain on resilient exports. The currency reached its strongest level since January 2023, despite domestic economic concerns and rising global bond yields. Investors await Chinas third-quarter GDP data and signals on US monetary policy direction.

HD Fire Protect IPO allotment status is expected today following a massive 131.70 times subscription. The Rs 712.31-crore public issue commands a 30% grey market premium. Investors can check allotment status online via the registrar MUFG Intime India, BSE, and NSE websites ahead of its scheduled October 21 listing.

Meta Platforms and Google are poised to realize significant gains from their Jio investment made in 2020. To bolster its growth, Jio Platforms is moving forward with an initial public offering planned to raise around 30,213 crore, achieving a valuation of 10.3 lakh crore. Neither Meta nor Google plans to divest shares in this round as existing backers maintain their stakes.

A Defence Industry Seminar was organized by the Embassy of India in Kazakhstan to promote collaboration. Fourteen Indian defence industries were represented alongside forty Kazakhstan officials from various sectors. Participants engaged in discussions that led to opportunities for joint ventures and technology transfer. Y K Sailas Thangal emphasized the importance of co-development between India and Kazakhstan. This event highlighted the growing strategic and defence partnership between the two

Zetwerk Manufacturing Business IPO entered its second day of bidding on October 16 after garnering 23% subscription on Day 1. The retail category was subscribed 22%. The IPOs grey market premium stood at 9%, suggesting potential listing gains, though GMP is unofficial and does not guarantee listing performance.

Anchorage witnessed a heated debate among major U.S. Senate candidates, focusing on the Iran war and energy policy. Republican Senator Dan Sullivan emphasized the need to end the war while advocating for increased Alaskan energy production. Democrat Mary Peltola criticized the war's effects on Alaskans and refuted Sullivan's claims about her effectiveness. Both candidates attempted to align themselves with critical local issues amid a challenging political climate.

Houthi attacks on Saudi Arabia are increasing, disrupting investments and key infrastructure. The Houthis are seeking recognition and an end to restrictions in Yemen. Iran is supporting the Houthis while targeting Saudi vulnerabilities to pressure the US. Saudi leadership faces a dilemma of escalating military actions or making concessions to the Houthis. The ongoing conflict complicates regional stability and security in the Arabian Peninsula.

Yes Bank faced a setback as India's Supreme Court overturned its write-off of 84 billion rupees in bonds. S&P Global Ratings stated the ruling would not impact its credit rating of the bank. The decision highlights procedural errors in the 2020 write-down process, which regulators had supported. Despite this ruling, Yes Bank is expected to maintain adequate capitalization in the future.

Tonbo Imaging Indias Rs 852.18 crore IPO received four times subscription on Day 1, supported by strong institutional demand and a 71% grey market premium. The defence technology companys offer-for-sale coincides with declining FY26 revenue and profits, despite its specialised imaging systems and international defence presence.

Nirmala Sitharaman has identified China's constraints on Indian exports as a crucial hindrance to trade advancement. The finance minister reported a staggering trade deficit exceeding $100 billion with China this year, even with improved diplomatic relations. She noted that non-tariff barriers obstruct Indian products, especially generic medicines, from entering China.

During this year's Dussehra celebrations, the Shri Keshav Ramlila Committee will burn a 30-foot effigy of a cockroach. This decision aims to bring attention to unhygienic conditions prevalent in society and neighborhoods. The committee has previously burned effigies representing various issues affecting the country during the festival. The effigy will be set ablaze at the committee's grounds in Pitampura.

Tech Mahindra shares rose after Q2FY27 net profit increased 32.7% year-on-year to Rs 1,586 crore. Nomura retained its Neutral rating, seeing limited upside despite expectations of above-peer growth in FY27, driven by large telecom deals and expansion across other verticals.

SEBI has revised the Closing Auction Session framework, changing market timings, order transfer rules and settlement price calculations for derivatives. The updated rules will take effect from December 7, 2026, with provisions for transferring unexecuted limit and iceberg orders kicking in on February 8, 2027.