The Economic Times

LVMH's quarterly report indicated a 5% decline in fashion and leather goods sales due to weak demand. The company's overall organic sales growth was only 1%, falling short of expectations. Analysts have reduced target prices for LVMH shares by an average of 9% due to these results. This downturn in performance is prompting fears of broader struggles among luxury competitors.

In 1931, tall fescue grass was first found in Kentucky and later spread throughout the eastern United States. While it's advantageous for farmers, this grass harbors a harmful fungus contributing to fescue toxicosis, which severely impacts livestock health and leads to substantial financial losses in beef production. Ongoing research aims to develop grass varieties that mitigate these risks while adapting to the evolving agricultural landscape.

Constructed in the early 1830s, the Morris Canal stands as a significant achievement in New Jersey's engineering history. It uniquely utilized hydraulic inclined planes, facilitating boat movement across challenging elevations without the need for standard locks. This canal played a pivotal role in transporting anthracite coal to iron manufacturing sites until railroad supremacy led to its decline by the 1920s.

UP Board Time Table 2027 Class 10, 12: The Uttar Pradesh Madhyamik Shiksha Parishad has announced the Class 10 and Class 12 examination schedule, with board exams set to run from February 5 to February 24, 2027. Check the subject-wise timetable, morning and evening shift timings, and steps to download the UPMSP date sheet PDF.

BJP MP Ravi Kishan criticized Congress leader Rahul Gandhi for allegedly hitting his own party workers during protests. He accused the Opposition of attempting to hijack democracy as they are unable to defeat the BJP electorally. Kishan claimed that 65 percent of young people support the current government under Modi's leadership. He dismissed Congress's concerns about EVMs as unfounded and self-serving.

NATO's defence technology priorities have shifted towards meet what it deems to be capability gaps in counter-drone systems and space-based surveillance. The collective defence organisation has launched a 1 billion euro fund to accelerate the development of dual-use technologies on its eastern border. Poland has become an attractive investment destination to meet these demands and the fund aims to speed up the identification and adoption of technologies.

Bangladesh Prime Minister Tarique Rahman met with Hindu community leaders to discuss their rights and security. He emphasized that every citizen deserves protection regardless of religious identity while ensuring their rights. The government is enhancing security measures ahead of the Durga Puja festival to maintain communal harmony. Past incidents of violence against Hindus have raised concerns about their safety during religious gatherings.

Gold and silver prices opened higher on MCX as investors awaited US inflation data for clues on the Federal Reserves rate outlook, while a firm dollar and geopolitical tensions kept precious metals volatile.

A passenger train named the Rehman Baba Express derailed in Pakistan's Punjab province, killing around five people and injuring 30. The train derailed near Sher Shah Bridge in Multan. Rescue services said 13 coaches have been cleared, with one rescue operations underway in one coach. The cause of rail derailment has not yet been fully established. Pakistani Prime Minister Shehbaz Sharif expressed his concern over the injured in the incident.

India called for the recognition of terrorist acts within the framework of crimes against humanity at the UN. The country's representative emphasized the primary responsibility of states to prevent and prosecute such crimes. India seeks a convention that complements existing legal mechanisms and respects national jurisdictions. Enhanced counter-terrorism measures have also significantly improved internal security in India over the last 12 years.

Indian-American lawmaker Ranjeev Puri is set to run for the position of Speaker in the Michigan House of Representatives. Known for being the first Sikh American elected in 2020, Puri faces off against Republican Allison Kay Fuller in the upcoming races on November 3. As Democrats aim to break the Republican majority, a successful campaign for Puri could result in him making history as the first Indian-American Speaker in Michigan.

Donald Trump recently announced a controversial agreement with Vladimir Putin to import Russian diesel to the U.S. The deal has drawn bipartisan criticism due to its implications on the ongoing war in Ukraine. Lawmakers have urged Trump to reverse course, citing legal concerns over U.S. sanctions against Russia. Despite the backlash, Trump remains firm in his position, blaming Ukraine for rising diesel prices.

President Donald Trump stated that he does not believe China and Russia are aiding Iran during the current conflict. He explained that these countries have too much to lose if they become involved. Trump emphasized that he would quickly become aware of any support provided to Tehran. Both China and Russia have maintained relations with Iran but have condemned attacks on its sovereignty.

Donald Trump commented on reports of violations regarding the proposed energy ceasefire between Russia and Ukraine. He stated that both Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskyy agreed to the arrangement under his insistence. Zelenskyy accused Russia of continuing its attacks, causing casualties and damage to infrastructure. The Kremlin did not confirm the ceasefire, and the European Union also expressed skepticism over Russia's compliance.

In a bid to curb rising tensions, Pakistan has requested that Afghanistan's Taliban act against militants utilizing Afghan land for assaults. The situation has become increasingly volatile due to border skirmishes and retaliatory airstrikes. Pakistani representatives allege that factions like Tehrik-e-Taliban Pakistan reside in Afghanistan, adding to the conflict. Pakistan seeks diplomatic engagement but insists on Afghanistan fulfilling its security commitments as violence lingers.

Satsuki Katayama has been appointed as the next chair of the World Bank-IMF joint development committee. She is the first Japanese finance minister to hold this position since 1974. Katayama announced her appointment during a press conference on Tuesday. She is currently preparing for her upcoming travel to Thailand for meetings involving the IMF and G20. Her participation in these proceedings is subject to parliamentary approval.

Tech billionaire Elon Musk has invested $276 million in right-wing organizations for the upcoming midterm elections. This significant contribution makes him the largest individual donor for the November elections. His total spending for this election cycle amounts to $366 million, with various recipients benefitting from his donations. Major recipients include the Republican Senate Leadership Fund and Musks own America PAC.

The International Monetary Fund forecasts a global GDP growth of over 3% for 2026 driven by strong AI investment. Despite this growth, downside risks are increasing, leaving many countries vulnerable to rising debt. Key oil-producing nations are expected to face significant recessions due to ongoing conflicts. The outlook for developed economies such as the US and Eurozone is more stable, with growth revisions.

The International Monetary Fund has updated its global growth forecast for 2026 to 3.1 percent. Concerns remain about the economy's resilience amidst geopolitical tensions and depleting oil inventories. Advanced economies are projected to grow more slowly, while emerging markets may face slowdowns. Inflation is expected to remain high, impacting consumer prices worldwide. Policymakers are urged to strengthen fiscal measures and manage inflationary pressures effectively.

US President Donald Trump condemned the Houthi rebels for their recent attacks on Saudi Arabian targets. He stated that the Houthis are misbehaving, and Washington may consider military actions alongside Saudi Arabia. The Houthi militia has targeted key airports, leading to deadly incidents in the past week. Regional diplomatic efforts continue amid increasing tensions in Yemen. Saudi Arabian authorities intercepted attacks on military bases while advising residents to remain vigilant.

Brent crude futures fell 61 cents, or 1.05%, to $105 a barrel, while US West Texas Intermediate crude futures declined 92 cents, or 1.05%, to $93 a barrel. Brent settled at $106.65 a barrel on Monday, its highest level since September 15. Oil prices have surged more than 70% this year as the US war on Iran rattled global energy markets.

Gold prices have seen a slight retreat as investors brace for key US inflation figures that could sway interest rates. The robust US dollar further complicates matters, making gold pricier for overseas buyers. While the Federal Reserve is poised to maintain current rates this month, market watchers are speculating on a potential hike in December.

On Monday afternoon, a fatal incident occurred at Six Flags Over Georgia, where one person died. Several others sustained injuries, prompting an immediate response from local authorities and the park. The cause of the death and the injuries remains under investigation by the police department's major crimes unit. In recent news, other Six Flags parks have faced lawsuits related to injuries and fatalities from roller coasters.

Oil prices dipped following a prior rise, with Brent crude futures down by 61 cents per barrel. Traders weighed supply risks stemming from recent assaults in Saudi Arabia and the potential increase of Russian diesel imports. Ongoing concerns about the robustness of Gulf energy infrastructure arose after strikes near vital shipping routes.

Selma Blair was arrested after being accused of injuring two flight attendants on a Delta Air Lines flight. The incident occurred while the flight was landing at John F. Kennedy International Airport in New York. Blair reportedly suffered a medical emergency that contributed to her conduct during the flight. Following her arrest, she faced charges related to assaulting a police officer and a nurse.

Donald Trump stated that the United States is evaluating potential actions against Iran amid recent allegations. The UK government and allied nations condemned Iran's purported hostile activities and attributed involvement in an incident. Joint statements emphasized the need to address Iran's use of covert networks and proxy actors for destabilization. Meanwhile, Iran dismissed the allegations as baseless and a fabrication aimed at deflecting scrutiny from other geopolitical issues.

Over 40 publishers have united in the SPUR coalition to protect their content from unauthorized AI usage. This initiative includes prominent outlets like The New York Times and the Financial Times. Recent legal actions have aimed at stopping AI companies from using copyrighted materials for training purposes. SPUR is also working on ways for publishers to track content usage and enforce licensing.

RJ Mitte, best known for portraying Walter White Jr. in 'Breaking Bad', has passed away at 34. His role drew from his personal experiences with cerebral palsy, which he advocated for extensively. Mitte also acted in the 2021 film 'Triumph', showcasing a high school wrestler with disabilities. His death, confirmed by his talent agency, occurred in Brownsville, Texas, though details remain undisclosed.

Investors from the United States, China, and India have shown interest in a new port project in southern Peru. This port, expected to cost approximately $844 million, aims to accommodate large vessels for international shipping. Regional officials confirmed that multiple companies are exploring partnership opportunities for the project. A timeline for construction and additional investments has yet to be finalized.

US Stock Market update: Micron Technology fell 3.9 per cent, Advanced Micro Devices dropped 2.3 per cent, Broadcom slid 1.9 per cent and Nvidia gave up 1.3 per cent.

OpenAI and its backer, Microsoft, also face similar copyright claims from prominent authors and news organizations, including the New York Times.

Reddit-Perplexity AI clash: The case is part of a wave of copyright cases targeting AI companies over their alleged use of protected content for AI training.

Christa Pike was hospitalized after surviving two doses of pentobarbital as the state tried to execute her for the 1995 stabbing death of classmate Colleen Slemmer.

Selma Blair arrest: It's not the first time Blair has had issues aboard a plane. In 2016, Blair apologized for making statements she later regretted during a flight from Cancun to Los Angeles. She said she had mixed alcohol with medication, causing her to black out.

US Midterm elections 2026: Republican have a gaping financial advantage over their Democratic counterparts a disparity that has been a rare bright spot for a party that is bracing for major potential losses amid deep voter frustration over the president's performance, stubbornly high prices and the unpopular war with Iran.

RJ Mitte, the actor famous for his role in Breaking Bad, has died at the age of 34. Mitte was an advocate for disability awareness, promoting inclusion for people with disabilities throughout his career. Known for playing Walter White Jr, he drew on his experiences living with cerebral palsy to raise awareness.

On October 21 and 22, 2023, the Orionid meteor shower will be visible in Indonesia. People can expect to see shooting stars without any tools and without city lights. The best viewing time will be after the Moon sets around 2:30 a.m. While in cities like Jakarta and Makassar, finding a dark place will enhance visibility. Adjusting to darkness for 30 minutes will help catch more meteors in the sky.

'Political intimidation!': Ilhan Omar vs. Trump escalates over 'weaponization' of law enforcement

Four opposition parties in Israel are collaborating to remove Benjamin Netanyahu from power in the upcoming election. While they agree on ousting Netanyahu, their commitment to alter policies regarding Palestinians is uncertain. Notably, key leaders within the alliance maintain strict positions against Palestinian statehood and support for settlements. The potential shift in government may not lead to significant changes in the treatment of Palestinians.

Michele Tafoya, a former sportscaster, is running for the Senate in Minnesota with a focus on accountability. Her campaign emphasizes fiscal responsibility, government transparency, and family-oriented policies while criticizing corruption. Tafoya's financial disclosures reveal a wealth significantly higher than her opponent, Peggy Flanagan, raising potential voter concerns. Flanagan has highlighted her background, focusing on economic issues affecting everyday families.

Eddie Murphy quote of the day: You dont have to prove youre the funniest person in the room - Eddie Murphy is an American comedian, actor, writer and producer born on April 3, 1961, in Brooklyn, New York. He first gained widespread attention after joining Saturday Night Live in the early 1980s, where his impressions and comic performances helped establish his reputation. He went on to star in films including 48 Hrs., Trading Places and Beverly Hills Cop.