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The Economic Times

Global Business / The Economic Times

Japan launches spacecraft to mysterious moons of Mars in a bold mission to bring home soil samples

Five of the worlds space agencies joined forces for the five-year mission that will attempt to land a robotic prospector plus a rover on Phobos, the larger and closer of Mars two pint-sized moons. The Japan Aerospace Exploration Agency, which is leading the bold sampling effort, launched the spacecraft before dawn from the country's main spaceport on Tanegashima Island.

20 Oct 2026 1:17 am
Zelenskyy says Ukraine got no early warning from partners as Russia hits the power grid again

Zelenskyy is grappling with recent Washington moves benefiting Russian President Vladimir Putin, including waiving U.S. sanctions on Moscow and signing a deal to import diesel from Moscow.

20 Oct 2026 1:06 am
Foxconn buys $727 million stake in Mitsubishi EV parts biz

Mitsubishi will contribute technology in electric powertrains, autonomous driving and in-car intelligence for EV platforms developed by Foxconn, the companies said Monday during a news conference in Tokyo.

20 Oct 2026 1:01 am
Why Pete Hegseths remarks on Natos Afghanistan role have drawn UK rebuke and raised fresh questions over US-Europe relations

US Defence Secretary Pete Hegseth questioned the combat contributions of NATO allies in Afghanistan during a recent speech. His comments prompted a response from the British government defending the sacrifices of its troops, which included over 450 deaths. The controversy comes amid broader tensions regarding US support for Ukraine against Russian aggression. European leaders are concerned about maintaining their security commitments in light of these remarks.

20 Oct 2026 12:35 am
Riyadh airport limits jet traffic over attacks

Several carriers have halted flights in the wake of the attacks, including Qatar Airways, which on Monday suspended operations to Riyadh until Oct. 24 and reduced flights to Jeddah. Other airlines have also cut operations including Etihad Airways,and India's Akasa Air and Air India.

20 Oct 2026 12:20 am
Saudi airport closure disrupts life in kingdom's capital

Riyadh's airport has been closed for over a week following multiple attacks by Yemen's Houthis. This situation has forced the cancellation of major events, including the Future Investment Initiative. Domestic airlines are struggling to reroute flights for residents amid growing safety concerns. Western embassies are tightening travel advisories due to the ongoing threat. Saudi officials continue to reassure citizens and investors about their safety during these turbulent times.

20 Oct 2026 12:07 am
Modi likely to visit Russia in 2027 for annual summit: Kremlin

Prime Minister Narendra Modi is expected to visit Russia next year for an annual summit. Originally, the visit was scheduled for December, but other meetings complicated the timeline. Dmitry Peskov confirmed that the visit is more likely to occur next year. The leaders of India and Russia meet annually following a strategic partnership declaration. Modi's future visit will mark nearly 80 years of diplomatic relations between the two nations.

20 Oct 2026 12:04 am
India-New Zealand FTA comes into effect today

The FTA will provide Indian exporters with 100% duty-free access to the New Zealand market, opening opportunities for MSMEs, women entrepreneurs, farmers and artisans. This is expected to facilitate $20 billion in investments into India in 15 years that would create opportunities across manufacturing, infrastructure, agriculture, and innovation.

20 Oct 2026 12:02 am
From radical transparency to a 48-hour rule: How Melinda French Gates, Ray Dalio, Satya Nadella and David Shelley approach employee feedback

Melinda French Gates follows a 48-hour rule for employee feedback, giving herself time to reflect before addressing concerns. While Ray Dalio advocates radical transparency and Microsoft CEO Satya Nadella promotes a learn-it-all culture, Hachette chief David Shelley stresses the importance of leaders communicating in their own words rather than relying on AI. Their approaches highlight different ways business leaders handle criticism, encourage learning and communicate with employees.

20 Oct 2026 12:02 am
Trade deal 'very close' to finalisation: Rubio

US Secretary of State Marco Rubio will meet with Maharashtra Chief Minister Devendra Fadnavis and External Affairs Minister S Jaishankar. During his visit, Rubio mentioned that the India-US trade deal is close to being finalized. He expressed the need to balance global energy concerns while managing sanctions linked to Russian oil. Additionally, Rubio plans to meet business leaders in Mumbai, including Gautam Adani and N Chandrasekaran.

19 Oct 2026 11:48 pm
Disability, elderly care likely to qualify for CSR spending

Companies need to comply with CSR obligations if they have a net worth of 500 crore or more, turnover of 1,000 crore or more, or a net profit of 5 crore or more in the immediately preceding financial year. Under this, they must spend at least 2% of the average net profit made during the previous three financial years in areas or subjects specified by the corporate affairs ministry.

19 Oct 2026 11:47 pm
6 ops in 48 hours: Houthis claim to strike Saudi airports, Aramco site & oil field, military facilities

Yemens Houthi rebels reported six military operations targeting Saudi facilities, which included oil and airport sites. The rebel group stated that their actions were a response to Saudi strikes on Yemeni civilians. According to Houthi claims, significant damage occurred in various locations, resulting in fires and operational disruptions. They also warned Yemenis against joining Saudi coalition forces, citing recruitment incentives and dangers.

19 Oct 2026 11:33 pm
October Horoscope: A frustrating chapter could finally close for these 5 zodiac signs in the coming weeks

Things are set to improve for 5 zodiac signs. From your career to your relationship, you will witness a shift. With Pluto turning direct the energy these zodiac signs are feeling have transformed for the coming days.

19 Oct 2026 11:30 pm
From France to Albania, social unrest is setting Europe's streets ablaze

Across Europe, a wave of protests is sweeping through as citizens express their frustration over escalating living expenses and inadequate public services, particularly in education. France sees students rallying for enhanced educational facilities, while cities in Spain erupt in housing protests. Italy witnesses heated demonstrations over wage increases and healthcare issues. In Albania, the youth are clashing with authorities in anti-corruption protests.

19 Oct 2026 11:23 pm
In 2025, Alaska was hit by the second-highest tsunami in history. Its vibrations travelled around the world for 36 hours

On August 10, 2025, a massive landslide unleashed over 64 million cubic meters of earth into the stunning depths of Tracy Arm fjord. The sudden collapse triggered a tsunami, soaring to record heights and reshaping the fjord's landscape. Luckily, the early morning timing minimized human exposure, resulting in no casualties and limited shoreline damage. Scientists recorded related seismic activities persisting for up to 36 hours post-event.

19 Oct 2026 11:13 pm
Drone strikes across Sudan kill more than 100

The deadliest drone strike hit near a market on Sunday evening in Al-Dibab town in the southwestern state of West Kordofan, which is controlled by the paramilitary Rapid Support Forces (RSF) that have been at war with Sudan's military since April 2023.

19 Oct 2026 10:44 pm
France imposes night curfew in parts of Paris after weekend riots

The French authorities have called for a curfew in Paris, specifically around the Place de la Republique and the Les Halles area. This curfew will start at 8 PM GMT on Monday night and will last until 4 AM GMT on Tuesday.

19 Oct 2026 10:37 pm
Russian attack kills six at park in Kharkiv region, including three children, Ukraine says

A recent Russian drone strike in a park in Kharkiv region resulted in six fatalities, including three children. The attack also injured 15 individuals and occurred while families were enjoying their time outdoors. Interior Minister Ivan Vyhivskyi shared distressing images of the aftermath, including a child's body in a stroller. Emergency crews were seen responding to the scene and managing the damaged area.

19 Oct 2026 10:10 pm
'You havent given in to cynicism, fear & anxiety': Newsoms No Kings rally message attacking Trump

'You havent given in to cynicism, fear & anxiety': Newsoms No Kings rally message attacking Trump

19 Oct 2026 10:09 pm
Japan to launch world-first mission to moon of Mars

Japanese scientists will launch the Martian Moons eXploration probe from Tanegashima Space Center, targeting Mars's moon Phobos. The spacecraft aims to collect samples that could reveal the origins of the Solar System and life on Earth. This mission is set for a three-year duration in the Martian region, involving collaboration with US and European space agencies. Mars's other moon, Deimos, will be observed but not landed on during this mission.

19 Oct 2026 10:06 pm
CBDT exempts interest payments on rupee-denominated bonds issued by New Development Bank from TDS

The exemption applies to holders of Maharajah INR Bonds who are Indian residents or foreign institutional investors, for the 2026-27 tax year and subsequent tax years.

19 Oct 2026 10:02 pm
An Egyptian farmer found a mysterious pink stone in his field it led archaeologists to two giant statues of Ramses II buried for centuries

Archaeologists found ancient statue fragments related to Ramses II in the Nile Delta region of Egypt. The discovery was triggered by farmer Khaled al-Shahat, who informed authorities about a unique pink stone. Excavations revealed monumental statues and inscriptions that allow further exploration of the site's history. This area previously linked to a temple dedicated to Isis provides new insights into Ramses II's building practices.

19 Oct 2026 9:47 pm
France is on fire but something more dangerous burns below the unrest

France is engulfed in protests as the public expresses growing dissatisfaction with soaring expenses and diminishing educational quality. Citizens are voicing their demands for improved services, yet the government grapples with managing an overwhelming public debt. Amid budget cuts proposed by President Macron's administration, increasing political challenges may hinder these efforts.

19 Oct 2026 9:43 pm
Volcano near which 2 million people live tracked by scientists for 2 years. They found hidden underground movements

Research on Nicaragua's Masaya volcano has unveiled the dynamic nature of its underground magma reservoirs over time. An analysis of satellite imagery from 2018 to 2024 has detected alterations in the caldera and Santiago crater. Some areas exhibited ground uplift, indicating rising magma, while others experienced subsidence. This continuous observation is vital to understanding potential volcanic risks and guiding local communities.

19 Oct 2026 9:34 pm
Could treating AI like a human make you more vulnerable to manipulation? Experts warn how believing chatbots have feelings could be a threat

Artificial intelligence systems like chatbots are becoming more emotionally engaging, prompting concerns over manipulation by users. The recent policy change by Anthropic restricts cruelty towards AI models, which has reignited debates on AI welfare and consciousness. Researchers are divided on whether AI systems deserve moral consideration, reflecting uncertainty within the industry. There are fears that recognizing AI rights may weaken human accountability for harmful actions.

19 Oct 2026 8:34 pm
Government staff in Saudi capital told to work from home

The Kingdom Centre, a 99storey tower in downtown Riyadh that houses the regional office of the International Monetary Fund, has also requested workers in its offices to stay away until further notice.

19 Oct 2026 7:31 pm
Elon Musk pledges one SpaceX share for every American child; it could cost him just 1% of his fortune

Elon Musk has unveiled an ambitious plan to grant one SpaceX share to every American child next year, aiming to empower future generations through investment opportunities. With more than 72 million minors in the U.S., questions arise regarding who qualifies for this potential windfall, valued at over $10.5 billion based on current prices. Final specifics from Musk's team remain pending, igniting curiosity across the nation.

19 Oct 2026 7:18 pm
Gal Monfils and Elina Svitolina announce separation as Ukrainian tennis star opens up about the toll of Russias war on her life, marriage and family

Elina Svitolina has publicly addressed the emotional impact of the war in Ukraine on her personal life. After difficult contemplation, she announced her separation from French tennis player Gal Monfils. Svitolina expressed a need to rediscover herself outside their marriage for her well-being. Despite this change, she emphasized that their commitment to co-parenting their daughter, Skai, remains unchanged.

19 Oct 2026 7:10 pm
Tiger Shroff firing case: Police say all 3 accused are adults, motive still unclear

Mumbai Police arrested three individuals for allegedly shooting at actor Tiger Shroff's car in Andheri. Two of the arrested suspects are from Haryana, while the third is from Bihar, with no minors involved. Investigators are questioning the suspects to uncover the motive behind the attack. The motorcycle used in the incident has been located, but no weapons have been recovered.

19 Oct 2026 6:57 pm
School assembly news headlines for October 20: Top national, international, sports and business updates

School assembly news headlines for October 20, 2026, cover major national, international, sports and business developments. Key updates include the Delhi voter-list revision audit, arrests in the Tiger Shroff firing case, political unrest in France, Indias Asian Para Games achievements, changes in anti-cancer medicine prices, and developments in the banking and stock markets.

19 Oct 2026 6:55 pm
'Lord of the Rings: The Shadow of the Past': Plot and everthing else we know about this upcoming LOTR movie

Peter Jackson has revealed that 'The Shadow of the Past' is in the scriptwriting stage. This film brings to life six chapters from 'The Fellowship of the Ring' that were omitted in previous adaptations, chronicling the adventure of the Hobbits as they journey beyond the Shire. Set fourteen years post Frodo's departure, it woven together Sam's daughter's tale. Currently, no specifics about the release date or cast have been provided.

19 Oct 2026 6:13 pm
6,000 sailors stranded near Strait of Hormuz as UN maritime chief warns against passage amid rising ship attacks and US-Iran tensions

Thousands of seafarers remain stranded in the Strait of Hormuz amid escalating maritime attacks and risks. The International Maritime Organization has warned against navigating the area without safety guarantees. Approximately 6,000 sailors are reportedly trapped as conflicts continue to disrupt commercial shipping. Concerns have also arisen over the misuse of emergency radio channels by military forces, complicating maritime safety.

19 Oct 2026 6:06 pm
Elon Musk pledges a share of his SpaceX company to 'every kid in America'

Elon Musk has announced plans to gift one share of SpaceX to each child in America next year. This announcement came shortly after Anthropic pledged 5% of its shares to a benefit fund. The new fund will potentially increase in value as shares grow. Recent surveys show many Americans are concerned about the rapid development of artificial intelligence technology.

19 Oct 2026 6:00 pm
Elizabeth Holmes Theranos documentary makes $15 million with fewer than 900 screens, outperforms Melania; heres why its a hit

You Can See Everything, a documentary about Elizabeth Holmes, had a strong box-office opening of over $15 million. The film attracted audiences across North America despite its limited release and three-hour length. Directed by Nathan Fielder and Lance Oppenheim, it offers an unusual perspective on Holmes' story. The documentary received a 99% rating on Rotten Tomatoes, indicating strong reviews and interest.

19 Oct 2026 5:28 pm
China's economy grows 4.5 pc in Q3 as AI-driven exports offset weak domestic demand

The Chinese economy grew 4.5% in the third quarter of 2026. The growth is fuelled by global demand for artificial intelligence (AI) infrastructure, helping the economy offset weak domestic consumption and a deepening property market crisis. The development comes after a weak second quarter, which saw its growth shrink to 4.3%. However, sluggish domestic household spending and investment bring doubt about the sustainability of the trend.

19 Oct 2026 5:24 pm
Who is Helen Haines, the Australian MP injured after being hit by a car outside her office?

Helen Haines, an independent member of Australia's Parliament, faced a tragic event when she was struck by a vehicle in Wangaratta. A 43-year-old cat driver is now in custody as the police, including a counter-terrorism unit, continue their investigation. Haines was urgently airlifted to a hospital due to severe injuries, though authorities have assured the public that there is no ongoing threat.

19 Oct 2026 5:19 pm
Israel election 2026: Netanyahus allies, rivals and the smaller parties that could decide his fate

Israels October 27 election will test Prime Minister Benjamin Netanyahus leadership following the October 7, 2023, attack and subsequent wars. Likud and its right-wing allies face centrist and left-wing challengers, while smaller factions and Arab-led parties could prove decisive in coalition negotiations to secure a majority in the 120-member Knesset.

19 Oct 2026 4:58 pm
Musks SpaceX, Tesla results to test AI spending as merger speculation builds

SpaceX and Tesla are expected to report third-quarter results on consecutive days this week. This reporting will provide investors insight into both companies amidst merger speculation. Analysts are particularly focused on Starlink's revenue growth and Tesla's profits from car sales. Both companies are investing significantly in AI, influencing their financial outlooks. The upcoming results are anticipated to clarify the potential for a merger between them.

19 Oct 2026 4:38 pm