The Economic Times

Sean Diddy Combs reported prison altercation has brought renewed attention to his $55 million Miami mansion, which features 10 bedrooms, 12 bathrooms, a swimming pool, a private dock and a basketball court. The music mogul used the Star Island property as collateral in his unsuccessful $50 million bail bid before selling it in July 2026.

Samajwadi Party president Akhilesh Yadav aims to broaden the anti-BJP coalition in Uttar Pradesh ahead of the 2027 assembly elections. He says the unison of Muslim-Yadav, backward classes and a growing number of disgruntled Gen Z voters would remove BJP from power. Yadav questions why people in plain clothes who attacked the protestors were not arrested. The SP leader also accuses the Centre of failing to protect Indian citizens during the conflict between the United States and Iran.

Akash Ambani said Reliance Jios partnership with Google on Gemini goes beyond distribution to create new markets, drawing a parallel with Jios approach to data. Speaking at Jios IPO press conference on Thursday, he said the collaboration had resulted in Gemini adding 13 million new subscribers to its paid service.

Government agencies in Haryana have successfully purchased 15.52 lakh tonnes of paddy during the Kharif procurement operations. A total of Rs 1,221 crore has been disbursed to farmers to support their financial needs. The Chief Secretary reviewed the ongoing procurement efforts and emphasized the importance of coordination among various stakeholders. Initiatives like Aadhaar-based biometric verification have been implemented for better oversight.

Current school assemblies are incorporating news segments to educate students on vital global and local happenings. Recently, a tragic school roof collapse in Pakistan resulted in multiple fatalities. Additionally, the IMF's recent pledge to aid Sri Lankas economic recovery stands out in business news. In sports, Kylian Mbappe has made headlines by becoming the youngest player to reach 100 appearances in the Champions League.

India's overall unemployment rate held steady at 5.0% in September 2026, compared to the previous month. The rural unemployment rate improved to 4.2%, while urban unemployment increased slightly to 6.9%. The gender-specific unemployment rates showed stability, although urban female unemployment rose to 9.2%. The Labour Force Participation Rate for September 2026 was reported at 55.5%, reflecting a year-on-year increase. Overall, the Worker Population Ratio also saw an increase, reaching 52.7%.

Cus DAmato played a pivotal role in shaping Mike Tyson's future by guiding him out of a difficult past and honing his boxing talent. After meeting Bobby Stewart, Tyson found his way to DAmato, who took him under his wing as a guardian and trainer. Renowned for his 'peek-a-boo' defensive style, DAmato passed away in 1985, just before Tyson claimed the youngest heavyweight champion title.

Dr. Rachna Shroff, a revered cancer researcher, sadly succumbed to terminal adenocarcinoma at the age of 47. Her condition emerged from a misidentified swollen lymph node. Specializing in pancreatic and bile duct cancers, she published over 80 research papers. Remarkably, even while battling her illness, she continued to push for advancements in cancer research at the University of Arizona. She leaves behind her husband, Dr.

Indonesia's prolonged wildfires have blanketed Southeast Asia in hazardous haze, driving respiratory illness cases higher, disrupting flights and forcing school closures. More than 637,000 hectares were reportedly damaged between January and August, according to environment group Auriga. The crisis has triggered regional criticism over Jakarta's response and refusal of neighbouring countries' assistance.

Austrias ban on headscarves for girls under 14 has sparked protests and resistance in schools, with authorities reporting 127 meetings with parents and 52 alleged violations. Muslim families say the restrictions interfere with religious freedom, while the government defends them as protecting children. A constitutional court ruling is expected in 2027.

Flvio Bolsonaro secured leading votes against incumbent Luiz Incio Lula da Silva in Brazil's elections on October 4. The runoff on October 25 could solidify right-wing power across South America, following a regional trend. Lula aims to reduce economic inequality while Bolsonaro focuses on crime and spending cuts. India is observing the elections closely due to its strategic partnership with Brazil in various sectors.

The World Health Organization (WHO) urges countries to expand their efforts to prevent lead exposure, especially to children who are vulnerable to its toxic effects. Lead exposure is estimated to contribute more than 3.5 million preventable deaths globally every year. The health body pointed out that 3.5 microgrammes can be associated with reduced intelligence, behavioural disorders and learning difficulties in children.

The IMF has warned that a prolonged Middle East war and renewed disruptions to energy production, shipping routes and critical infrastructure pose the biggest risks to economies across the Middle East and Central Asia. With energy buffers thinning, the lender expects a sharp regional contraction in 2026, followed by an uneven recovery in 2027.

Over a span of 13 years in Grand County, Colorado, dedicated conservation efforts have led to a remarkable surge in cutthroat trout populations, rising from 123 to an astonishing 1,425 fish in select streams. This success stems from the strategic removal of invasive brook trout through electrofishing and the introduction of genetically modified fish.

Lake Mattamuskeet in North Carolina has seen a dedicated restoration initiative aimed at curbing the invasive common carp's adverse effects on aquatic life. Launched in 2019, the program employed historical removal strategies to diminish carp numbers. Although some progress was detected, studies revealed the remaining carp were not a significant ecological threat. This case underscores the inherent challenges of ecological restoration and the efficacy of traditional approaches in sustaining biod

The incident was reported from a private school in Peshawar. All the 17 children killed were aged 13 or younger. The 18th deceased was a female teacher, the Express Tribune reported citing Muhammad Asim, spokesperson for Lady Reading Hospital (LRH).

A recent study reveals that climate change and El Nino greatly influenced Hurricane Polo's intensity. The research shows climate change added about 6 mph to Polo's strength compared to 5 mph from El Nino. Without these factors, Polo would still have been a powerful storm. Scientists emphasize that climate change significantly increases the frequency of such severe hurricanes. This research highlights the profound impact of climate change on storm dynamics.

Alexandros Paporakis has been arrested for reportedly plotting a mass shooting at a Hindu temple in US. He is said to follow white supremacist ideologies and violent intentions that he shared with a colleague raised red flags.His murderous plan was disrupted when his faulty rifle failed to fire.

The trade agreement between India and the United States is close to fruition, with major issues largely settled. US Ambassador Sergio Gor conveyed optimism about achieving a swift conclusion as negotiations advance. For the past eighteen months, both countries have explored trade impediments and tariffs, focusing on particular products and their rates. The impending visit from US Secretary of State Marco Rubio could further facilitate this trade pact.

The International Monetary Fund has expressed readiness to support Sri Lanka in its economic recovery efforts. Sri Lanka's macroeconomic situation shows significant improvement, with strong fiscal performance and nearly complete debt restructuring. A staff-level agreement was recently reached to unlock $345 million in financing for the country. The IMF will also engage with Sri Lankan authorities for additional financial arrangements and policy advice.

The US military is considering strike plans that include deploying the GBU-43/B bomb against Iranian sites. This massive bomb may target energy infrastructure and nuclear locations if combat operations resume. While there are discussions surrounding its effectiveness, officials remain uncertain regarding achieving strategic objectives. The potential use of this bomb indicates a significant escalation in military actions. Analysts are closely monitoring the developments concerning this serious es

Punjab Band Today News: Punjab Bandh on October 15 will be observed from 6 am to 5 pm following the killing of anti-drug activist Parvinder Singh Jhota in Mansa. Check the latest updates on bank operations, school closures, bus and train services, markets and emergency services.

Jio Platforms is gearing up for its initial public offering by pursuing a strategy focused solely on fresh shares. This means that no current investors will be liquidating their holdings during the IPO. The goal is to utilize the funds, estimated at around 27,500 crore, to alleviate the debt burden of Reliance Jio Infocomm.

Asia's central banks are advised to potentially tighten monetary policy in response to rising inflation expectations. Inflation has been impacted by an oil shock from the ongoing Middle East war, raising near-term price expectations. The International Monetary Fund emphasizes the need for clear communication from central banks on maintaining price stability. While Asia's economic growth continues to exceed the global average, risks remain that could impact fiscal stability.

UBS is currently evaluating various options for relocating its headquarters out of Switzerland. This consideration arises if lawmakers implement stricter capital requirements for the bank. Potential strategies include acquiring a US financial institution or merging with a European rival. The possibilities also extend to selling itself to a US bank, according to sources. If these plans move forward, UBS will adapt significantly to the changing regulatory environment.

Brent crude futures declined $1.50, or 1.41%, to $104.55 a barrel, while US West Texas Intermediate (WTI) crude futures dropped $1.02, or 1.07%, to $94.07. Both benchmarks reversed gains made in the previous session.

Delhi-NCR is likely to see rain, thunderstorms and lightning on Thursday, October 15, according to the India Meteorological Department (IMD). Winds may reach 40-50 kmph, with gusts up to 60 kmph. Rain is also forecast on October 16, while drier conditions are expected to return from October 17.

SK Hynix is attempting to obtain approval from the US to export chipmaking equipment to China. This export is intended to facilitate an increase in production at its Dalian facility. Solidigm, the US arm of SK Hynix, is considering a factory in the US contingent on this approval. The US is enforcing restrictions on such exports to maintain technological superiority.

Gold prices have stabilized after recently dipping to a one-week low, now sitting at $4,114.57 per ounce. This slight recovery follows an uptick in US consumer prices, primarily driven by rising gasoline costs, pushing discussions about potential interest rate hikes. Currently, there is a 32% chance of a rate increase this month. Investors are keenly awaiting significant economic reports expected later today.

Oil prices experienced a downturn as investors weigh the repercussions of shipping assaults in the Strait of Hormuz, particularly from Houthi attacks on Saudi Aramco, heightening supply disruption fears. In response, the US is considering relaxing sanctions on oil transport vessels to stabilize consumer prices. Meanwhile, increased Russian oil production is aiding market stabilization, complemented by a notable decline in US crude oil inventories reported by the American Petroleum Institute.

Pune-Mumbai Expressway traffic update: Pune-Mumbai Expressway and old Mumbai-Pune highway are expected to see heavy traffic until October 20 as Navratri pilgrims and Dasara holiday travellers head out. Highway traffic police have urged commuters to consider trains and public transport, while heavy vehicles face restrictions on key stretches. Check road closure timings, diversion routes and traffic arrangements before travelling.

Pope Leo health: The Vatican said that the pope had celebrated Mass with his secretaries in the afternoon in a special chapel set up for him on the 10th floor of the hospital.

Police arrested 19-year-old Alexandros Paporakis for allegedly planning a mass shooting at a Hindu Temple. Investigations revealed he communicated threats and shared a detailed document about the attack. Law enforcement recovered a rifle, ammunition, and tactical equipment in his residence. The FBI noted the extremist ideologies expressed in his writings targeting individuals of South Asian heritage. The prompt action of local police contributed to preventing potential violence in the community.

US stock Market today: Much of Wall Streets pain on Wednesday was due to drops for companies riding the AI frenzy to huge profit growth and stellar stock gains.

San Francisco Federal Reserve President Mary Daly indicated that further adjustments to interest rates might be necessary to address inflation. She emphasized that the Fed does not feel urgency for immediate action in the upcoming meeting. Daly highlighted the stability of the labor market, which offers some flexibility for monetary policy decisions. Financial markets are reflecting a range of expectations regarding potential rate hikes in the near term.

The head of the International Monetary Fund highlights the urgent need to address global debt levels. Rising interest rates and inflation have created burdens on low-income countries, with many unable to finance their needs. The median developing country is paying significantly more in interest compared to developed nations, affecting government budgets. Job creation and investment initiatives are crucial for the upcoming workforce, especially as artificial intelligence advances.

Delhi Police detained several opposition leaders and Ankita Bhandari's parents during a protest at India Gate. Congress leaders criticized the police action as an attack on democratic freedoms and justice. The protestors demanded the cancellation of Dushyant Gautam's recent appointment as Sikkim Governor. Family members of Ankita Bhandari expressed their discontent over political appointments amidst ongoing investigations. The situation reflects ongoing tensions surrounding the quest for justice

A woman reported being sexually assaulted at a fraternity party near the University of Chicago campus. Police are investigating the allegations during a time of heightened awareness about campus sexual violence. The perpetrator allegedly fled after being confronted by another party attendee, and university officials are seeking more information. The fraternity involved stated that no members participated in the incident or encouraged the behavior.

Cornell University President Michael Kotlikoff confronted faculty frustration regarding his administration's handling of a serious sexual assault allegation. During a Faculty Senate meeting, faculty members expressed significant anger and questioned Kotlikoff's management of the incident. Faculty are considering a no-confidence resolution to signal their dissatisfaction with administration transparency and reforms. As the administration has faced a lawsuit related to the case, many faculty urge

Katie Zacharia, the new White House press secretary, is facing questions about her legal credentials and background. Although she claims to be a lawyer, there is no evidence she has passed any bar exam. The White House has defended her, stating she is uniquely qualified for her role. Concerns have been raised about her misrepresentation of legal status which may violate California law.

Houthi rebels reportedly targeted the headquarters of Saudi Aramco in Dhahran, inflicting damage on upper floors. Civil defense reports indicate that debris from intercepted strikes caused injuries near Riyadh. The Houthis assert these attacks are retaliation against Saudi aggression in Yemen. Efforts for a ceasefire have gained traction with regional powers seeking negotiations. Rising casualties in Yemen highlight the ongoing humanitarian crisis amid renewed hostilities.

Wisconsin plane crash: The six-seat, single-engine plane was traveling from Kenosha to Menomonie when it crashed shortly before 10 p.m. on Tuesday in a wooded area near Mirror Lake State Park, not far from the popular tourist destination of Wisconsin Dells.

Farmers are likely to decrease rabi sowing due to inadequate rainfall and reduced soil moisture levels. This situation could lead to lower yields of critical crops such as wheat, pulses, and oilseeds. Many reservoirs are under pressure, with over half storing less than last year. State and central governments are encouraging farmers to choose crops based on water availability, especially in water-scarce regions.

A quarter of Maharashtra's sugar mills will begin operations this week to alleviate sugar shortages before Diwali. Sugar prices have increased by approximately 4% recently due to dwindling supplies and farmer protests. Millers anticipate new sugar reaching markets after October 20, following crushing activities. Farmers are encouraging quicker harvesting of sugarcane due to crop conditions, leading to lower sugar content.

Netflix and Shondaland have announced a limited series about young Violet. It will follow her romance with her future husband. A familiar face from Queen Charlotte: A Bridgerton Story is also reportedly returning.

Microsoft has launched the Xbox Nano Controller, which aims to enhance accessibility across various gaming devices. The compact controller is designed for younger players and portability, measuring just over five inches. In addition, Microsoft is partnering with television manufacturers to enable cloud gaming on supported devices. This strategic shift focuses on making Xbox games accessible beyond dedicated consoles through various other platforms.