SENSEX
NIFTY
GOLD
USD/INR

Weather

image 20    C

The Economic Times

Global Business / The Economic Times

Marco Rubio says Trump to take up to 60 days to weigh Russia sanctions

US President Donald Trump announced a temporary waiver of sanctions and tariffs on Russian exports. Secretary of State Marco Rubio stated a 60-day review period for assessing economic impacts is underway. This decision comes amid rising energy prices resulting from the ongoing conflict in Iran. Critics, including Ukrainian President Volodymyr Zelenskiy, argue this may empower Russian President Vladimir Putin further.

18 Oct 2026 9:18 am
Brazil elections: Lula, Bolsonaro face-off in first debate ahead of Presidential runoff

Brazil's presidential election runoff includes a crucial debate between President Luiz Inacio Lula da Silva and Senator Flavio Bolsonaro. Lula's campaign has shifted, engaging younger influencers for improved social media strategies to connect with voters. Bolsonaro has criticized Lula's promises, accusing him of deceiving people for electoral gain. Recent polls show a tightening race, and both candidates are ramping up their efforts.

18 Oct 2026 9:10 am
Trump 'disturbed' after report of attack on US Photojournalist Heidi Levine by Israeli settlers in West Bank

Alleged Israeli settlers viciously attacked Washington Post photojournalist Heidi Levine during an olive harvest in the West Bank. US officials, including Secretary of State Marco Rubio, expressed their disturbance regarding the incident. Israeli President Isaac Herzog condemned the violence, stating it does not represent Israeli values. After surgery, Levine reported injuries and theft of her belongings during the attack.

18 Oct 2026 8:50 am
Iran, Pakistan temporarily suspend cross-border movement over technical issues, security concerns

Cross-border movement and exchanges between Iran and Pakistan have been temporarily suspended due to technical issues. Iranian Foreign Ministry Spokesperson Esmail Baghaei confirmed that authorities are working to resolve the situation. Pakistan also halted trade through specific border checkpoints to enhance security measures. Shahid Rind clarified that this decision is aimed at preventing smuggling and improving border administration.

18 Oct 2026 8:46 am
Zelenskyy hints at potential meeting with Putin in US during G20 summit as Trump waives Russian Oil tariffs

Ukrainian President Volodymyr Zelenskyy announced potential trilateral talks involving Russia during the upcoming G20 Summit. He expressed willingness to participate in negotiations in any format and location. Zelenskyy called for increased pressure on Moscow rather than on Kyiv in these discussions. Additionally, he expressed disappointment about US President Donald Trump's recent decisions related to sanctions on Russia.

18 Oct 2026 8:42 am
Tata Trusts spending jumps 73% to Rs 1,556 crore in Noel Tatas first full year

Tata Trusts reported a 72.5% increase in philanthropic spending to Rs 1,556.31 crore in 2025-26. Major allocations included Rs 457.62 crore for rural upliftment and Rs 270.26 crore for education. Cancer care projects received Rs 178.46 crore, while direct assistance to individuals totaled Rs 202.99 crore. Noel Tata emphasized the importance of sustainable outcomes over sheer spending figures.

18 Oct 2026 8:34 am
France protests escalate as public buildings set ablaze, shops looted across cities; 400 arrested

Violent protests occurred across France as people expressed their frustration over rising living costs and inadequate school conditions. Interior Minister Laurent Nunez reported about 400 arrests were made during the demonstrations. While some protests were peaceful, others involved clashes with police, leading to injuries and property damage. President Emmanuel Macron condemned the violence, promising prosecution for those who vandalized public property.

18 Oct 2026 7:33 am
Canadian PM Carney says 'serious incident' caused major fire at military base in Alberta

A significant fire has broken out at CFB Wainwright military base in Alberta, impacting military personnel. Canadian Prime Minister Mark Carney and Alberta Premier Danielle Smith are coordinating responses to the incident. Both officials expressed their support for those affected and thanked first responders. Details surrounding the cause of the fire or any injuries remain unclear at this time.

18 Oct 2026 7:10 am
Hollywood's fresh take on tech titans: from heroes to villains

Hollywood now represents tech leaders like Elizabeth Holmes and Elon Musk as villains amidst public disillusionment. Recent films explore the consequences of their actions and seek accountability for social damage. Documentaries and fictional works dissect their influence and ethical lapses, highlighting concerns over concentrated power. Filmmakers confront the flaws of these figures while critiquing their societal impact.

18 Oct 2026 6:58 am
Trump's decision to waive Russian sanctions outrages Congress, but no quick counter seen

US President Donald Trump waived sanctions on Russia, which Congress had overwhelmingly approved for supporting Ukraine. Lawmakers expressed anger after the decision, criticizing Trump's approach towards Russia's President Vladimir Putin. As Ukraine faces severe winter conditions due to ongoing attacks, Congress remains out of session until after the elections. A bipartisan group of senators has urged faster action against Russia's oil trade.

18 Oct 2026 6:52 am
Trump asserts Iran war will end 'very quickly,' touts military strikes on Tehran's nuclear sites

During a rally in Kentucky, Donald Trump stated that the ongoing conflict with Iran would conclude quickly. He claimed that falling gas prices would follow the end of hostilities. Trump's earlier military actions against Iran were described as necessary to prevent nuclear armament. Meanwhile, Iran's Deputy Foreign Minister emphasized the importance of ceasefire to achieve regional peace.

18 Oct 2026 6:49 am
US military says Hormuz remains open, 97% of ships cross safely despite Iran attacks

The US military claims that 97% of vessels have transited the Strait of Hormuz safely. This follows recent incidents where Iranian projectiles targeted commercial vessels in the area. CENTCOM reported that US forces and regional partners are enhancing maritime security to ensure uninterrupted commerce. Additionally, Iran's economy is reportedly under strain due to US actions. Both the US and Iran assert their control over this strategic shipping route.

18 Oct 2026 6:36 am
Vehicle drives through soccer field during game in Kansas, killing 2 & injuring more

Kansas Soccer field crash: During a soccer game in Wichita, Kansas, a vehicle drove onto the field, causing chaos and injuries. Tragically, two people, including a child, lost their lives in the incident. Multiple other victims were transported to hospitals for treatment following the event. The police have detained the driver, but details about the motive remain unclear. Mayor Lily Wu expressed her condolences on social media for those affected by this heartbreaking situation.

18 Oct 2026 6:32 am
Israeli settlers attack Palestinians, European diplomats in West Bank

Israeli settlers attacked Palestinians and European diplomats during an olive harvest in the West Bank. Belgian Foreign Minister Maxime Prevot reported the incident and emphasized the need for accountability. Belgian consul general, along with French and Polish diplomats, were among those targeted. Settler violence against Palestinians has reportedly surged over the past few years. Israeli police have opened an investigation, although prosecutions of such violence are rare.

18 Oct 2026 6:27 am
Kansas Soccer game tragedy: 2 killed, multiple persons hospitalized after person drives vehicle through football field

Kansas Soccer game tragedy: Police said the driver was in custody but did not give further details about the person or say whether they believe it was intentional.

18 Oct 2026 5:27 am
Christmas cheer, but caution remains: Exporters welcome US tariff relief, keep diversification plans

US President Donald Trumps decision to waive proposed tariffs of up to 100% on buyers of Russian oil has eased uncertainty for Indian exporters ahead of the crucial Christmas shipping season. However, businesses across textiles, gems and jewellery, and human hair products say they will continue diversifying export markets after last years tariff turmoil, even as the US remains a key destination for Indian goods.

18 Oct 2026 4:00 am
The Universe has a test for 3 Zodiac Signs on Sunday but they may already know the answer: Here's how Uranus retrograde may influence your decision

If you are feeling annoyed because your past challenges have resurfaced again, then it is not your fault. You are going through a cosmic test which is going to empower you once you handle the issue with confidence.

18 Oct 2026 1:33 am
Ashley St. Clair alleges Elon Musk cut child support to $20,000 once she disclosed details about their son: Here's what the new documentary reveals

Ashley St. Clair revisits her relationship with Elon Musk in a new documentary. Her account connects a proposed secrecy agreement with changes in financial support.

18 Oct 2026 12:46 am
For a day, Gazas shouts are shouts of joy: Burly men pull trucks and flip tires in competition of strength

On Friday, a strength competition occurred in Gaza, drawing crowds despite the challenging environment. Participants showcased their skills by pulling trucks and lifting heavy weights in a ruined setting. The event was delayed due to prior conflicts, marking a return to sports for many. The organizer emphasized the importance of proving Gaza can produce champions despite adversity. Spectators enjoyed the atmosphere as athletes celebrated their competitive spirit and resilience.

18 Oct 2026 12:10 am
Tyler Perry bought a former Army base for $30 million: Why he is turning it into more than a Hollywood studio

Tyler Perry is planning to expand his business beyond filmmaking with a proposed 38-acre entertainment district near his Atlanta film studio. The project could include a theatre, shops and office spaces, with plans suggesting that it could be completed by January 2028. Perry bought 330 acres of the former Fort McPherson military base for $30 million in 2015 and later turned the site into Tyler Perry Studios.

18 Oct 2026 12:07 am
Pope Leo health update: Pope Leo XIV returns to Vatican, doctor shares major verdict on trip to Uruguay, Peru, Argentina

Pope Leo will take on his first official duty on Sunday, delivering the traditional Angelus blessing to the faithful in St. Peter's Square.

17 Oct 2026 11:55 pm
Mark Cuban pledged $10 million to women's groups after sexual harassment probe at Dallas Mavericks: Where did the money go?

Mark Cuban pledged $10 million to organizations supporting women's leadership in sports and combating domestic violence in 2018 after an investigation found widespread workplace misconduct within the Dallas Mavericks. The donation followed scrutiny of the NBA team's workplace culture and raised questions about how the money would be distributed and what changes followed the investigation.

17 Oct 2026 10:12 pm
Reservation push by states faces judicial tests

The Supreme Court upheld the Madras HC's ruling that religious conversion from Hinduism to another religion does not entitle a person to SC or OBC reservation. The case concerns Tamil Nadu's 3.5% quota for Muslim OBCs. In March 2024, the then DMK government allowed OBCs, SCs and Denotified Communities members who converted to Islam to claim the quota. The Madras HC struck down the order in June 2024 as unconstitutional. The TVK government's appeal was rejected by the SC.

17 Oct 2026 10:02 pm
Weather tomorrow October 18: IMD forecasts heavy rain, thunderstorms across southern states; check latest state-wise updates

Weather Tomorrow: IMD has warned of heavy to very heavy rainfall, thunderstorms and gusty winds across parts of southern India, with Andhra Pradesh, Karnataka, Kerala and Tamil Nadu among the affected regions. Rain is expected to continue in several areas through October 23. Fishermen have also been advised to exercise caution along parts of the Arabian Sea coast.

17 Oct 2026 10:00 pm
No Kings anti-Trump movement holds over 3000 rallies across 50 states ahead of November 3 US midterm elections. What does it mean for Donald Trump, Republican party?

No Kings anti-Trump movement: More than 3,200 events had been planned in all 50 states, after the two previous nationwide events attracted millions of participants.

17 Oct 2026 9:59 pm
Woman journalist Richa Parashar files FIR against Rahul Gandhi for alleged manhandling during protest

Richa Parashar, a journalist, filed a complaint against Rahul Gandhi for manhandling during a protest. The incident occurred on October 12 while covering a demonstration by Opposition leaders. Parashar alleged that Gandhi grabbed her and caused her to fall, resulting in injuries. She emphasized the lack of assistance from his supporters after the fall. Parashar has requested that media organizations release footage of the incident.

17 Oct 2026 9:54 pm
International Oil prices to jump 'super spike', claims energy research analyst, predicts global oil rates

International Oil prices: The recovery in Middle Eastern oil exports, higher production outside the Persian Gulf and dwindling demand had narrowed the global supply deficit sharply.

17 Oct 2026 8:42 pm
Benjamin Satterley cause of death: How can bronchial asthma turn fatal? Understanding the condition behind AEW Wrestler Pac's death

Benjamin Satterley, renowned in wrestling as Pac, passed away on September 27 at 40 years old. His death was attributed to bronchial asthma, ruled natural by the Cook County Medical Examiners Office. Satterley was discovered unconscious in a rental car after competing in an AEW match against Andrade El Idolo. His wife, Natalie, shared a heartfelt tribute, reflecting on their life and plans together.

17 Oct 2026 8:37 pm
New York teen Mike Satterlee who built $808,000 3D-printing business at 19 reveals how much it made in 2026

Mike Satterlee, a 19-year-old entrepreneur from Clifton Park, New York, turned a $500 3D printer into CruiseCup, a business that generated $808,000 in gross revenue in 2025. Despite the impressive sales, the young entrepreneur pays himself just $500 to $1,500 a month, choosing to reinvest much of the money into expanding his 160-printer operation

17 Oct 2026 7:25 pm
US midterm election 2026: Democrats may stun Donald Trump, Republican party by winning majority, claims election forecaster, shows how

Donald Trump faces challenges to thwart the political momentum of Democrats ahead of November 3 US midterm elections.

17 Oct 2026 7:25 pm
Iranian fishermen searching for fish find floating iPhones, luxury perfumes in Hormuz

A cargo vessels sinking in the Strait of Hormuz has left questions over maritime safety after Iranian fishermen recovered goods from the surrounding waters. All 21 crew members of the GFS Pride escaped, but competing explanations for the incident, including a mine or a possible missile or drone strike, remain unconfirmed.

17 Oct 2026 6:56 pm
Nepal floods 'defining moment' for climate action: UN

The country suffered one of the worst disasters in its history on August 26, when a mountain collapse near the China border triggered catastrophic floods that killed more than 1,400 people and left over 5,000 missing.

17 Oct 2026 6:51 pm
'He's a jihadist': Trump takes another jab at Michigan Democrat Abdul El-Sayed | Midterm elections

'He's a jihadist': Trump takes another jab at Michigan Democrat Abdul El-Sayed | Midterm elections

17 Oct 2026 6:33 pm
Royal Caribbean passenger rescued after nearly 20 hours at sea reveals why she intentionally jumped from ship in Greece

A 44-year-old woman who was rescued after spending nearly 20 hours in the Ionian Sea near Zakynthos, Greece, has revealed why she intentionally jumped from Royal Caribbeans Odyssey of the Seas. According to The New York Times, the Salvadoran woman told rescuers that she jumped because she wanted to disembark.

17 Oct 2026 6:03 pm
Autopen scandal explodes at Biden cover-up hearing; Senators erupt: 'Who was the real Prez?':

Autopen scandal explodes at Biden cover-up hearing; Senators erupt: 'Who was the real Prez?':

17 Oct 2026 5:41 pm
Texas voter registration glitch: What to do if your name is missing from the voter list before early midterm voting begins Monday

How to vote in the US midterm: A new voter registration glitch in Texas has raised concerns ahead of early voting for the 2026 US midterm elections, which begins October 19. Here's how to check your voter registration status, what to do if your name is missing from the voter list, and how to contact election officials.

17 Oct 2026 5:15 pm
Protesters across France rally over rising living costs, joining students' grievances

Protests have arisen in France regarding increasing living costs and dissatisfaction with educational conditions. High school students, supported by the CGT union, are actively participating in demonstrations. President Emmanuel Macron has called for calm while emphasizing respect for individuals and property. Interior Minister Laurent Nunez announced the anticipation of numerous protests and implemented restrictions on specific gatherings. Recent student protests have resulted in significant un

17 Oct 2026 2:59 pm
Fire guts a Bangladeshi beach resort, killing 10 people

At least 10 people, including children, were killed and four others injured after a fire broke out at a beach resort in Bangladesh's Cox's Bazar district on Saturday. The blaze quickly engulfed the three-storey wooden Tuptup Resto and Resort near the Bay of Bengal. The cause of the fire remains unknown, officials said.

17 Oct 2026 2:52 pm
Sri Lanka suffers nationwide electricity blackout

Sri Lanka suffered a nationwide electricity blackout on Saturday after the national grid tripped, possibly because solar power generation exceeded consumption, officials said. The entire grid shut down in February 2025, when solar power generation exceeded consumption on a bright, sunny Sunday.

17 Oct 2026 2:47 pm
Russia hails Trump waiving sanctions as 'historic'

Russia has hailed US President Donald Trump's decision to waive new sanctions targeting its energy revenues as a historic move, raising concerns among Ukraine and its European allies that Washington is favouring Moscow.

17 Oct 2026 2:38 pm
In 1897, gold discoveries helped establish Ballarat near Death Valley, and its population reached 400 by 1898; today, adobe ruins remain after the mining boom faded

Ballarat, founded in 1897 in the notorious Death Valley of California, flourished as a mining hub following the gold rush in the nearby Panamint Mountains. Once boasting a vibrant community of around 400, it was home to saloons, hotels, and essential services for miners. Sadly, as key mines closed, the town's population dwindled, and by 1917, the post office's closure signified its decline into obscurity.

17 Oct 2026 2:20 pm