The Economic Times

Senior citizens often invest in Senior Citizens Savings Scheme and SBI fixed deposits for income. SCSS offers an 8.2% interest per annum with quarterly payouts, beneficial for regular cash flow. In contrast, SBI's senior citizen fixed deposit provides a lower rate of 7.05% with less frequent interest payouts. An investment of Rs 7 lakh in SCSS yields higher returns compared to the SBI fixed deposit.

As Amitabh Bachchan approaches his 84th birthday on October 11, he fondly reflects on his formative years in Allahabad. Those days were filled with nostalgic moments, from walking to school to playing marbles with friends. He remembers esteemed visitors like Prithviraj Kapoor and Rajiv Gandhi gracing their home, known not just for its distinct architecture but also its secure environment, highlighting a treasured chapter in his life.

Hurricane warning was in effect from Ocean Springs, Mississippi, to the Gulf County Line in Florida, the NHC said in its latest update.

Foreign investors withdrew $23.49 billion from Asian equities in September as rising US Treasury yields, inflation fears and tighter monetary policies weakened risk appetite. South Korea and India led outflows, while hedge funds reduced exposure amid persistent market uncertainty.

Suvendu Adhikari stated that the BJP has gained substantial support from the minority community in recent bypolls. He claimed that around 60 percent of Muslim voters in Rejinagar and 80 percent in Nandigram backed the BJP. Adhikari indicated that this reflects a shift in the political mindset among minority voters. He attributed the peaceful conduct of the bypolls to the BJP's governance.

Charlie Munger built his wealth through a simple habit: spending less than he earned and investing the difference. Despite having modest earnings, no family money and an army of children to support, he accumulated substantial investments during his first 13 years of legal practice. Later, as Warren Buffetts business partner at Berkshire Hathaway, Munger continued advocating sensible spending, shrewd investing, lifelong learning and delayed gratification as keys to financial success.

Navi Pillay, the South African lawyer of Indian origin, was awarded the 2026 Nobel Peace Prize for her work defending human rights and international law. Despite growing up in poverty under apartheid, she prioritised education over luxury, famously telling colleagues she wanted to invest in knowledge rather than buy Mercedes-Benz cars, before earning a doctorate from Harvard Law School.

The Supreme Court has expressed concerns regarding the proposed closure of Delhi Metro entry gates. It emphasized the challenges faced by commuters from the National Capital Region traveling to Delhi. The court recognized the need for regulating movement to maintain public order. However, it advised against implementing measures that could entirely disrupt transportation. The need for corrective steps by the government was highlighted to avoid inconvenience for many travelers.

European companies are expected to post 21% third-quarter earnings growth, led by energy firms benefiting from supply disruptions. However, excluding energy, growth is forecast at 9.7%, while real estate earnings are projected to fall sharply.

Gold rate rose more than 1 per cent on Friday, helped by a softer US dollar and lower oil prices. However, for some buyers, gold price has become affordable.

Global economic growth is projected to slow to 2.6% in 2026 amid energy shocks from the Middle East crisis. Trade in goods and services is expected to expand by 4% driven by higher energy prices. Asia is forecasted to contribute 59% of global growth, with India at 7.3% and China at 4.5 %. The International Monetary Fund has set a 3% growth forecast, citing various risks.

US stocks have defied a sharp rise in Treasury yields as AI-led earnings growth offsets pressure from higher interest rates, says valuation expert Aswath Damodaran. However, with equity risk premiums falling below 4%, he warns that the rally hinges on whether AI investments can deliver the profits investors expect, raising the risk of a sharp market correction.

The rise of artificial intelligence is transforming how we analyze data and derive investment insights, yet human judgment plays an irreplaceable role in decision-making processes. Experts caution that merely processing data doesnt assure favorable investment results. Investors should evaluate which insights resonate with their financial goals and risk levels. Financial advisors must embrace technology while safeguarding skills in communication and accountability, particularly during market fluc

Zetwerk is preparing to launch an IPO as early as October 15, seeking to raise up to $525 million at a targeted valuation of $2.8 billion. The offering will include a fresh issue and a secondary sale by existing shareholders.

Prozeal Green Energy has completed a framework agreement for a solar project in Gujarat. Valued at around Rs 460 crore, this 100-megawatt project awaits essential approvals before activation. Anticipated to launch by 2027, it is set to tackle the growing energy needs as Prozeal Green Energy emphasises its dedication to renewable energy innovations in the commercial industry.

Congress claims that the Special Intensive Revision is being misused to unlawfully remove many genuine voters from electoral rolls. Jairam Ramesh alleges that this practice undermines the democratic principles outlined in Article 326 of the Constitution. The opposition has intensified protests, calling on the Chief Election Commissioner to resign over these actions. Reports indicate internal dissent within the Election Commission regarding the handling of the SIR process.

Yoga is often associated with flexibility and relaxation, but regular practice may also support heart health by helping manage stress and potentially improving certain cardiovascular risk factors, including blood pressure and cholesterol levels. A combination of gentle physical postures, controlled breathing and relaxation may be particularly useful as part of a healthy lifestyle. However, research on yoga and cardiovascular health is still developing, and it should complement rather than replac

Amitabh Bachchan once recalled his days at Sherwood College in Nainital, where he developed key values. Looking back at his journey, Bachchan emphasised how the educational experience contributed to his success in Hindi cinema. Today, he remains a renowned figure in the entertainment world.

Swastika Infra Ltd has received a significant order worth over Rs 600 crore from MSEDCL. This order focuses on developing distribution infrastructure and strengthening existing systems in Maharashtra. The scope of work includes constructing substations, HT/LT lines, and distribution transformers. Completion of the project is scheduled for 24 months from the date of the award. This initiative reflects the company's commitment to improving electrical distribution networks in the region.

Khushbu Sundar, a celebrated figure in South Indian cinema, opens up about her skincare regimen and fitness evolution. She highlights the magical blend of raw milk and saffron water in her beauty routine. Furthermore, Khushbu explores portion control techniques inspired by Japanese culture, which have assisted her in achieving an impressive weight loss of 40 kg since 2021, all while honoring her traditional values.

A teacher was approved for working till 62 years age however, she was denied gratuity payment on the ground that the retirement age was 60 so she should have exercised the gratuity option at 60 and not 62 years age.

A BTech graduate's account of missing a time-sensitive job assessment after receiving a referral for a software engineer position at Zensar Technologies has sparked discussion on Reddit. The graduate said the missed deadline led to criticism from relatives and left his parents facing blame. Responding users shared similar recruitment experiences, questioned the family's reaction and praised him for accepting responsibility.

European shares rebound as easing oil prices and retreating bond yields support sentiment amid hopes of reduced Middle East tensions. Telecom stocks lag after SpaceXs spectrum deal sparks concerns about rising competition for established wireless operators.

SEPC shares jumped nearly 11% to Rs 5.47 on Friday after securing an Rs 854.57-crore contract from SAIL for its IISCO Steel Plant expansion in Burnpur. The deal pushes SEPC's consolidated order book past Rs 10,000 crore, nearly 10 times its market capitalisation, providing multi-year revenue visibility.

The Cycling Federation of India is optimistic about hosting the 2032 Road World Championships in Pune. This event is seen as crucial for India's bid for the 2036 Olympics, which is centered around Ahmedabad. Pune was selected shortly after India's involvement in international cycling competitions increased significantly over the past decade. Preparations are underway to improve infrastructure and public understanding of the event.

How Do Family Offices Hunt for Multibagger Startups?

BJP spokesperson Pradeep Bhandari criticized Congress leaders for attempting to create anarchy in India. He claimed that Rahul Gandhi is against the Indian state and has foreign collaborators. The Congress party previously criticized the Modi government's handling of US actions affecting Indian IT professionals. Heavy security measures were observed before protests organized by the Cockroach Janata Party against the Chief Election Commissioner.

V Anantha Nageswaran emphasized the need to revise non-performing asset classification norms for micro, small and medium enterprises. He highlighted that existing norms do not consider diverse cash flow cycles and working capital requirements. The Chief Economic Advisor pointed out that a uniform global framework is unsuitable for Indias business practices. Additionally, he suggested reducing compliance costs for MSMEs to improve their operational efficiency.

Mary Kom's ex-husband, Karong Onkholer, filed a defamation complaint against her for alleged false statements. These statements were reportedly made during a television interview and aim to damage his reputation. The complaint claims that she described him as dishonest and unemployed, which contradicts his support for her career. The case is pending in court and will be heard on November 19.

Exercise Tarang Shakti 2026: IAF showcases air power at India's multinational air combat exercise

Bhaskar Rao has requested the Union Home Ministry to verify Dhruv Rathee's citizenship and immigration status. This request follows Rathee's participation in a protest against the Election Commission of India. Rao expressed concerns about foreign nationals participating in organized political demonstrations in India.

Tarun Mehta, an IIT Madras graduate and Ather Energy co-founder, once dreamed of studying at Harvard Business School but faced rejection after what he called a disastrous interview. With no Plan B, he began working for a monthly salary of around Rs 40,000 before pursuing entrepreneurship. Founded in 2013, Ather grew into a major electric scooter company, with Mehtas shareholding valued at nearly Rs 3,000 crore in September 2026.

Former Infosys CFO Mohandas Pai on US Green Card program suspensions

The 10-year US Treasury yield could reach 6% for the first time since 2000, according to Pimcos Dan Ivascyn. Rising oil prices, inflation concerns, mounting government debt and bond market pressures threaten financial stability. Higher yields could increase borrowing costs, weaken stocks and corporate bonds, and tighten global financial conditions.

Telcom Minister Scindia's sharp jibe at Elon Musk & Rahul Gandhi: 'India doesn't allow monopoly...

Ace investor Ashish Kacholia trimmed his stake in Carysil by over 2 lakh shares during the July-September quarter of FY27, reducing his holding to 2.72%. The kitchen sink makers stock has corrected sharply from its July peak after a strong rally earlier this year. Heres a look at Carysils recent share price performance, long-term returns and analyst outlook.

The Nifty India Defence index rallied 25% in H1 FY27 despite broader market volatility, with 10 defence stocks gaining 50% to 600%. Six stocks, led by Sigma Advanced Systems, Unimech Aerospace, and MTAR Technologies, turned multibaggers by more than doubling investor wealth over six months, ACE Equity data showed.

No permission for CJP's Jantar Mantar protest, Delhi Police seek closure of 57 metro stations

The Supreme Court has scheduled a hearing on October 16 regarding deleted voters in West Bengal. These voters are seeking to participate in the upcoming civic polls. The court is aware of the challenges faced by the SIR tribunals and aims to resolve them effectively. Lawyers representing petitioners emphasized the need for a swift resolution of pending appeals.

Pidilite Industries shares rose on Friday after the company appointed Amit Agarwal as CFO-designate and Senior Management Personnel, effective October 9, 2026. Agarwal brings over 22 years of finance experience and has previously worked with Pfizer, Hindustan Unilever and Vedanta Resources. He is a Chartered Accountant, Cost Accountant and Company Secretary.

Delhi-bound trains cancelled today: Indian Railways has cancelled several Mail and Express trains scheduled to arrive at New Delhi and Hazrat Nizamuddin stations between 4 am and 2 pm on October 10 ahead of a planned protest, citing expected traffic congestion. The disruption has also affected services including the SealdahNew Delhi Rajdhani Express and the CSMTHazrat Nizamuddin Rajdhani Express. IANS reported that around 5,000 passengers missed trains on Thursday amid protests and traffic jams

IT stocks rallied up to 4% on Friday, adding Rs 70,000 crore in market capitalisation, despite the US suspension of a labour certification programme. Strong Q2 results from TCS, easing oil prices and bond yields, and developments around OpenAI also supported sentiment. TCS gained after reporting 15% profit growth, while brokerages flagged near-term margin pressures and evolving AI-related risks.

Abdul Kabir, a leader of the People's Democratic Party, was arrested for referring to Burhan Wani as a martyr. His comments sparked controversy concerning some BJP leaders' past actions toward Wani's family. Kabir asserted that his statements reflect personal opinions, and not the official position of the party. The PDP has distanced itself from Kabir's remarks, emphasizing they do not represent the entire party's views.

Saudia airlines confirmed that an incident occurred at King Khalid International Airport in Riyadh. The incident led to the death of one employee and damage to an aircraft while on the ground. Fortunately, there were no passengers on board the aircraft at the time of the incident. Flights and operations at the airport resumed normal operations as of 6 p.m. on Thursday.