The Economic Times
Elections 2026Global Business / The Economic Times
Recent data reveals that Canadians are benefiting from a 25% increase in the Canada Groceries and Essentials Benefit. Despite this, the escalating prices of groceries pose a challenge, with this years standard Thanksgiving dinner for four estimated at $35.72, marking a 10% rise compared to last year. Canadians can cut the prices of groceries by opting for a smaller turkey and comparing prices online and in supermarkets.
In a recent vlog, Farah Khan explored the Ashiana Senior Living Resort, where Mandira Bedi showcasing the facilities available. Residents can enjoy everything from a vibrant gaming room to a dynamic clubhouse filled with activities. Watch as elegant three-bedroom flats are highlighted, exemplifying a senior community that promotes an active, engaging lifestyle, making it a wonderful option for leisure-driven seniors.
The National Human Rights Commission is currently investigating serious allegations of sexual harassment involving three women journalists during a protest at Jantar Mantar on October 3. The Delhi Police have filed complaints and routed the case to their Crime Branch. Tensions escalated when demonstrators were detained for demanding an FIR, drawing significant attention from human rights groups concerned with the implications of these events.
Russia's health regulator has denied claims of a second illness connected to a plague laboratory worker. The worker, Darya Shipilova, died from pneumonia recently, though the exact cause remains unclear. Russian authorities have assured that there is no risk of an epidemic arising from this incident. The World Health Organization has requested confirmation of media reports about another pneumonia case.
On Thursday, South Korea conducted its first flight test of a domestically developed hypersonic weapon. The weapon is designed to travel at least five times the speed of sound, increasing defense capabilities. President Lee Jae Myung attended the test and emphasized strengthening national security. This development follows escalating tensions with North Korea, particularly after recent mine explosions. North Korea has increased its weapons tests and rejected calls for resumed diplomacy.
Mamata Banerjee has signaled her intent to join a protest at Jantar Mantar on October 10, voicing strong criticisms against the BJP and the Election Commission for alleged electoral misconduct in West Bengal. She expressed her support for Congress leaders Rahul Gandhi and Priyanka Gandhi Vadra, highlighting their treatment during recent demonstrations.
Anne Carson has received the 2026 Nobel Prize in Literature for her inventive body of work. She merges classical traditions with contemporary literature, creating new literary forms. Carson's career includes prominent books like Autobiography of Red and The Beauty of the Husband. Her achievements have earned her various prestigious awards and teaching positions across several universities. This recognition highlights her significant contributions to literature and scholarship.
The Bombay High Court is questioning former assistant police inspector Sachin Waze's use of luxury vehicles and hotel stays. Witness statements indicate that Waze drove high-end cars and stayed at a five-star hotel for months. The court is concerned about the source of his income, given his modest salary as an API. The National Investigation Agency argued for his continued detention, citing potential witness tampering.
Canadian author Anne Carson has been awarded the 2026 Nobel Prize in Literature for her unique contributions. This prize, announced by the Swedish Academy, acknowledges her engaging interaction with classical traditions. The Nobel Prize in Literature is accompanied by a monetary award, a medal, and a diploma. Since its inception in 1901, the award has been given 119 times to 123 individuals.
A 36-year-old tech professionals possible move to the US has sparked a debate over whether higher nominal pay would translate into a better financial and career outcome. While he expects to save thousands of dollars each month in San Jose and sees potential for professional growth, Reddit users remain divided, with the L-1 visas employment restrictions adding another layer to his decision.
Susan Dell and President Donald Trump recently appeared to promote Trump Accounts, providing investment funds for children. The initiative aims to distribute $1,000 in seed money to eligible newborns born between 2025 and 2028. Susan Dell encouraged families to claim these accounts, which are now available. Michael Dell highlighted the importance of financial support in a child's early life. The Dells committed a total of $6.
Anand Mahindra expressed his condolences for the death of actor Nana Patekar on social media. Mahindra emphasized Patekar's cultural impact and distinct persona in Indian cinema. He noted that Patekar represented qualities such as individuality, authenticity, and humor. Many prominent figures from various fields mourned his passing, acknowledging his influence beyond the film industry. Patekar's last rites are scheduled to take place with full state honors in Pune.
Electric vehicle sales in the United States have dropped 30.7% this year following the expiration of a federal subsidy. In contrast, European buyers have embraced electric vehicles, significantly increasing their market share amid rising fuel prices. Many US automakers have discontinued electric models, with buyers shifting towards hybrids and used EVs. Meanwhile, certain EV-only brands like Tesla and Rivian continue to perform better than traditional automakers' electric offerings.
Ukraine is struggling with a shortage of combat-ready troops as the war with Russia enters its fifth year. While Ukraine has advanced drone technology, the lack of personnel restricts the exploitation of these innovations. Military officials report that many units are operating below full strength, leading to increased risk and exhaustion among soldiers. Reforms are being discussed, but recruiting enough troops remains a significant challenge.
Trump repeatedly called Talarico Talafreako during his speech. He claimed the candidate had vanished from public view. Trump also suggested Talarico was feeling unwell after facing political pressure to eat meat.
A laboratory worker at Russias Irkutsk Anti-Plague Research Institute died after developing an unidentified form of pneumonia, triggering precautionary quarantine measures and social media speculation. Authorities have said there is no evidence she died of plague or that anyone she contacted was infected, while tests have so far found no plague cases linked to her.
US Federal Reserve Governor Christopher Waller indicated that more rate hikes may be necessary to achieve the inflation target. He acknowledged the flexibility in timing for these increases, suggesting they may not occur consecutively. Waller expressed concerns about rising inflation impacts on consumer and investor expectations. Expected economic data and trends will guide future monetary policy decisions.
Murli Manohar Joshi addressed the media at the FICCI Higher Education Summit regarding student protests. He emphasized that students' demands should be heard with empathy and understanding. Joshi compared students to children, suggesting that their concerns must be taken seriously by authorities. He expressed his disapproval of using force to handle protests, citing the impact on society.
Adani Enterprises outlook is improving as several incubated businesses reach commercial scale. CARE Ratings upgraded AEL to AA, citing stronger financial flexibility after its 15,000-crore QIP and Adani Airports monetisation. Airports, Kutch Copper and roads are expected to drive FY27 earnings, while data centres, new energy, defence and aluminium offer longer-term growth.
The 25th anniversary of the US-led invasion of Afghanistan reflects on its enduring impact on Afghans. Many citizens express feelings of loss regarding personal freedoms following the Taliban's return to power. Women's rights in education and employment face significant restrictions despite some improvements in security. Formerly hopeful youths now see their futures hindered by limited opportunities and harsh regulations.
International accounting firm Deloitte faced a fine of 6.05 million for auditing Go-Ahead Group. The penalty was initially set at 11 million but was reduced due to Deloitte's cooperation. The audits in question spanned financial years between 2016 and 2020. The decision was reported by Britain's Financial Reporting Council on Thursday. Deloitte admitted to shortcomings in their auditing practices during this period.
El Nino is forecasted to intensify and peak by December, lasting through February 2027. Sea surface temperatures are expected to reach unprecedented levels during this phenomenon, affecting global weather patterns. It could be one of the strongest El Ninos since at least 1950, according to the World Meteorological Organization. India may experience economic repercussions, including increased food prices and disrupted agricultural practices.
Canning Asian pears, requires meticulous attention, especially given their low acidity. To safely prepare these fruits for preservation, it's advisable to add bottled lemon juice to each jar prior to canning. Ensure you select ripe pears and maintain hygiene throughout the canning procedure. This consistent acidity helps mitigate spoilage risks, making it crucial to adhere to tested recipes for optimal results in preserving these seasonal delights.
Britain has decided to keep its nearly 200-year-old consulate in Jerusalem open under the new name UK Mission. This decision comes after Israel ordered the consulate's closure following Britain's announcement of sanctions on settlement goods. The consulate, established during the Ottoman Empire, mainly serves Palestinians in Jerusalem, the West Bank, and Gaza. Jerusalems status remains contested internationally, with East Jerusalem considered occupied.
Anand Mahindra announced the successful creation of an engine patented by his grandfather J.C. Mahindra 108 years ago. The engine prototype was unveiled and started on Founders Day, six months after the patent's discovery. This discovery was made by Vaidehi Mayekar while organizing the company's archives and emphasized the company's engineering roots. The Mahindra Research Valley team interpreted the patent and created a working version of the engine.
Air Chief Marshal A P Singh highlighted the Indian Air Force's operational capabilities at the 94th Air Force Day celebrations. The event included a ceremonial parade showcasing various IAF combat assets and aircraft. Singh emphasized the importance of air power in protecting national interests and saluted fallen air warriors. He expressed pride in serving as IAF chief and mentioned his upcoming retirement.
Manisha Koirala continues to prioritise fitness at 56, recently sharing a glimpse of her workout routine featuring yoga-based mobility exercises and strength training. From cat-cow and thread-the-needle stretches to dumbbell lunges and leg raises, her routine focuses on mobility, flexibility, balance and strength. The actor has also previously spoken about taking a more holistic approach to fitness and understanding how her body changes with age.
Veteran actor Nana Patekar passed away at the age of 75 after suffering a cardiac arrest. Attempts to revive him with CPR were unsuccessful, leading to his death at home in Goa. Known for his impactful performances, Patekar received multiple awards throughout his film career, including national honors. Beyond cinema, he engaged in significant social work, supporting farmers in Maharashtra through his foundation.
Nana Patekar funeral: Maharashtra has decided to accord veteran actor Nana Patekar a state-honours funeral following his death at 75 in Goa. Known for his work in Marathi theatre and both Marathi and Hindi cinema, Patekar also had a notable association with the Indian Army, including service during the 1999 Kargil conflict. Funeral arrangements and the last rites schedule are yet to be announced.
Oil prices climbed on Thursday, with Brent crude surpassing $102 a barrel as Middle East tensions and attacks on Gulf shipments heightened supply concerns. WTI also rose nearly 2%. Falling US crude inventories added support, while analysts warned prolonged Strait of Hormuz disruptions could push prices significantly higher, potentially toward $120.
Lululemon Athletica has appointed Maggie Gauger as chief product officer to lead product development. Gauger previously worked at Nike and was CEO of Gap's Athleta brand. The company is also undergoing significant leadership changes with several key executives leaving. Investors are closely monitoring Lululemon's efforts to revive its declining performance and market position. Lululemon aims to establish a strong foundation for sustainable growth with these leadership shifts.
Cornell University students held a sit-in at a dining hall to protest sexual violence and school response. They demanded changes to university disciplinary procedures for sexual assault complaints against students. The protest followed allegations of a gang rape in a fraternity house in 2024 and the slow response from the university. Police later investigated but did not file criminal charges.
Donald Trump has indicated he will terminate advisers Chris LaCivita and James Blair if conflicts emerge. This statement follows a report regarding their recent visit to Republika Srpska in Bosnia. The two consultants were appointed to lead operations for the upcoming US midterm elections. Trump clarified that they work as outside consultants, implying limited control over their other activities.
Iran has enriched uranium to 60% purity, which is near weapons-grade, causing significant concern internationally. Following US-Israeli airstrikes, several of Iran's enrichment facilities were either destroyed or damaged last year. The International Atomic Energy Agency has not been informed about the current status of Iran's enriched uranium stocks or sites. US Vice President JD Vance emphasizes the need for Iran to reduce its enrichment capacity significantly.
TikTok is facing allegations from New York for conducting misleading placebo tests on its safety features. Those tests involved thousands of young users, including minors, who tried to activate a feature called 'Algo Refresh'. Despite believing they had engaged the tool, their feeds remained unchanged compared to users with the actual feature. The lawsuit also highlights the tragic outcome of a teen boy's death after being exposed to harmful content.

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