The Economic Times
Elections 2026Global Business / The Economic Times
Karan Yadav has been appointed as the new chief executive officer of the Indian Super League. He brings nearly two decades of experience in sports and media to the role. Yadav will lead the league office and oversee its strategic and commercial direction. His responsibilities include strengthening stakeholder relationships and ensuring long-term league growth. This appointment marks a new chapter for the ISL under its club-led model.
IIT Bombay Director Prof Shireesh B. Kedare has not resigned, and the institute apologized for its earlier communication. The circumstances surrounding student Sahil Ravindra Wakode's death are still under investigation by authorities. Dean of Student Affairs Prof Suryanarayana Doolla has been suspended with immediate effect pending further investigation. Wakode's family alleges institutional harassment and caste discrimination, leading to an FIR against Prof Doolla.
Indias Himanshu Dhillon and Rudrankksh Patil won silver and bronze respectively in the mens 10m air rifle individual event at the Asian Games, while both combined with Parth Mane for team silver. Chinas Sheng Lihao won gold with a Games and Asian record 254.2 as India added three medals.
The US House passed a bill to make daylight saving time permanent, but the measure is still awaiting Senate action and has not become law. Unless Congress acts before then, most Americans will still turn their clocks back by one hour on November 1, 2026.
US Navy SEAL training reveals resilience is not innate but can develop. Psychological traits like hardiness and grit adapt during demanding conditions. Viewing stress as enhancing improves performance and perseverance among candidates. Goal-setting and emotional control become vital when motivation wanes. True resilience involves adaptation and regulating reactions, not just persistence.
Global banks face inquiries from central banks regarding trading firm exposures. The Bank of England and Federal Reserve seek details on risk appetite and controls. This follows significant losses at Jane Street after hedge fund Situational Awareness's issues. Regulators are examining trading activity and leverage use by the AI-focused fund. Information is being gathered on how bank exposures evolved during trading days.
Rande Gerber, renowned as the husband of supermodel Cindy Crawford, carved out a remarkable path in both hospitality and the spirits industry. He gained fame by co-founding the celebrated tequila brand Casamigos alongside actor George Clooney. Married since 1998, the couple has two children, Presley and Kaia. Tragically, their son Presley passed away at the age of 27 on September 20.
Presley Gerber, son of Cindy Crawford and Rande Gerber, has reportedly passed away. He died at a Los Angeles rehab facility at the age of 27. Gerber was known for his modeling career and openly discussed mental health struggles. He had previously faced legal issues related to a DUI arrest in 2019. The family has requested privacy during this difficult time.
Taylor Swift was all smiles as she cheered for Travis Kelce's inaugural touchdown of the 2026 NFL season, proudly gesturing to her wedding ring from the luxury of her suite in Arrowhead Stadium. It was her second outing at the venue in under a week. Additionally, Kelce celebrated his rise on the NFL receiving yards leaderboard for tight ends. The pair exchanged vows in July 2026 following their 2023 romance.
Travis Kelce made NFL history with the most career yards after the catch as the Kansas City Chiefs defeated the Indianapolis Colts 33-30 in overtime. Kelce had nine catches for 101 yards and a touchdown, while Patrick Mahomes threw for 382 yards and Harrison Butker kicked the winning 40-yarder.
Model Presley Gerber, son of Cindy Crawford, has died at age twenty-seven. He passed away Sunday at a rehabilitation facility, with no cause listed. Gerber followed his mother and sister into modeling, walking for major fashion brands. He had spoken publicly about his struggles with mental health and drug use. His family is requesting privacy during this difficult and painful time.
Gold and silver prices snapped a two-day rally on Monday, dropping on the MCX amid escalating US-Iran geopolitical tensions and central bank rate hikes. Gold dropped Rs 1,331 per 10 grams while silver fell Rs 1,600 per kg. Experts share key trading levels and target prices for both precious metals.
Presley Gerber, the 27-year-old son of iconic model Cindy Crawford and businessman Rande Gerber, has tragically passed away. The Los Angeles County Medical Examiner confirmed the news, highlighting that an autopsy is underway. Following in his parents' footsteps, Gerber openly discussed his battles with mental health and had faced legal troubles, including a DUI in early 2019. The family has requested solitude as they navigate this heartbreaking loss.
A Pakistani airstrike in Afghanistan's Kunar province killed three people. Several others sustained injuries during the aerial attack on Monday. This incident follows a recent attack on a police facility in Pakistan. The strike threatens to reignite tensions and potential conflict between the two nations. Afghanistan and Pakistan engaged in their worst conflict in years back in February.
India's External Affairs Minister S Jaishankar arrived in Zurich for his New York visit. He will attend the 81st UN General Assembly session in New York. World leaders will gather for the annual high-level General Debate from September 22. The session theme focuses on restoring trust and managing transformation. UN Secretary-General Antonio Guterres urged international cooperation for a better world.
US and Chinese officials met to discuss creating an AI communication channel. This meeting sets the stage for a summit between Presidents Trump and Xi. They also explored reducing tariffs on non-sensitive trade goods. Discussions included guardrails for artificial intelligence development and potential trade truce extensions. Both nations aim to ease tensions on strategic and economic concerns.
In a significant demonstration of military collaboration, the Indian Air Force Chief led a Tejas formation flight with Japan Air Self-Defense Force Chief Masahiro Morita as a passenger. This sortie underscored the increasing interoperability and professionalism between the two nations' air forces, showcasing India's indigenous defense aviation capabilities and reinforcing defense ties through operational understanding.
Aditya Birla Group chairman Kumar Mangalam Birla will soon meet Chief Minister Suvendu Adhikari. They will discuss industrial development and fresh investments planned for the state. The BJP state president urged the group to expand its business presence and industrial footprint. The meeting follows the state government's work on a new comprehensive industrial policy. The group has a longstanding association and expressed optimism about new investments.
Oil prices experienced a decrease as Saudi Arabia managed to resume shipments following Houthi assaults. These attacks on Saudi sites led to a strategic decision to boost exports via the Strait of Hormuz. The flow of oil from the Middle East continues to thrive, while Saudi Arabia modifies its export paths.
Iranian Security Council Secretary Mohsen Rezaei has warned that US ships in the Indian Ocean will be targeted if fighting resumes, saying Tehran is prepared for a naval confrontation. In a video posted by Irans Embassy in Hyderabad, Rezaei claimed Iran has upgraded hypersonic missiles, electronic warfare and air defences.
Iran will not reopen the Strait of Hormuz or resume talks with the United States. Tehran has conveyed its demands through intermediaries and awaits Washington's fulfillment of conditions. Iran's military warned of severe attacks on US bases if military action is taken. US forces have redirected commercial vessels enforcing a naval blockade on Iran. World leaders are gathering for the UN General Assembly amid escalating tensions.
Eighteen suspects arrested for President Jovenel Moise's assassination are now extradited to the United States. These individuals will face justice in Florida for their alleged roles in the killing. The US Attorney for Southern Florida stated this marks a major phase in pursuing accountability. Haitian judicial proceedings faced significant difficulties, prompting this international cooperation. Multiple individuals have already been convicted and sentenced in the United States for this crime.
Australia will seek a non-permanent seat on the UN Security Council. Prime Minister Anthony Albanese announced this bid for the 2029 term. He expects strong support from Pacific and Southeast Asian nations. Australia last served on the council ending in 2014. Finland is also a nominee for the same council position.
Ingenia Communities has rejected a second takeover bid from Warburg Pincus. The private equity firm's improved offer valued the company at over two billion dollars. Ingenia's board stated the offer substantially undervalued the firm and was not in shareholders' interests. Analysts suggest a higher cash price would be compelling given the uncertain residential environment. The company remains confident in its strategic direction and growth trajectory.
US Iran war: The United States has issued a fresh travel warning for Iran, urging citizens to leave immediately. Rising regional tensions and potential escalations prompted the security alert from the US Embassy. The alert warned of potential flight cancellations and airspace closures across West Asia. Iranian-supported Houthi forces have also engaged in hostilities against Saudi Arabia. Americans in the region are advised to exercise heightened vigilance and monitor developments closely.
US President Donald Trump will meet New York City Mayor Zohran Mamdani. They will discuss issues affecting the city and its residents. This meeting follows a cordial first encounter after Mamdani's election. Trump had previously criticized Mamdani during the 2025 campaign. Mamdani presented Trump with a mock newspaper front page during a February meeting.
Salinas Victoria experience also showed how waste management and energy planning can intersect. The World Bank reports that the plant eventually supplied almost 60% of the energy needed for public street lighting, public buildings and drinking-water pumping in the Monterrey metropolitan area, while covering about 80% of the energy requirements of Monterrey's transportation system.
Rose Hill Recycling story ultimately shows how an everyday environmental problem can become an opportunity for resource recovery. In 2017, the Dymock facility was processing up to 35,000 tonnes of food and farm waste per year and using anaerobic digestion and CHP technology to transform organic material into renewable electricity and useful heat.
Danshari offers a Japanese approach to decluttering and attachment. It involves refusing new items and discarding what is no longer needed. This practice psychologically separates individuals from their possessions. Living with fewer things creates greater physical and psychological freedom. Danshari teaches that letting go fosters intentional living and less attachment.
Udaipur now processes organic waste into biogas and compost. A 20-tonne-per-day plant began operations in February 2021. This facility replaced landfill dumping, supporting a circular economy. Compressed Bio Gas fuels cooking and vehicles, generating revenue. The project demonstrates successful waste management through pilot testing.
Turkey's Foreign Minister Hakan Fidan indicated technical military aid for Saudi Arabia. This support aligns with a recent defense pact involving Turkey and Pakistan. Saudi Arabia faces escalating attacks from Iran-backed Houthi militants in Yemen. Riyadh reported intercepting a missile and thwarting other Houthi assaults. The new defense alliance tests regional security as members signal support.
Actor Marcos Palmeira purchased Fazenda Vale das Palmeiras in Terespolis in 1997. The property transitioned from conventional vegetable production to organic farming practices. It now integrates agroforestry and environmental conservation efforts across its land. A significant restoration initiative aims to replant native Atlantic Forest trees. This farm has become a life project combining food production and ecological recovery.
US President Trump said that the Houthis will not launch attacks against the United States, despite the escalating pressure and assaults on Saudi Arabia. Meanwhile, the Houthis are advancing their campaign in Yemen against the government. Trump is reportedly weighing significant actions against Iran soon, cautioning Tehran to either conform or endure serious fallout.
Today's Quote of the day by Sophia Loren explores self-belief, personal standards and the way we handle failure. Her words speak to a common struggle: comparing our lives with other peoples expectations. The lesson is simple but practical. Success feels different when we measure progress for ourselves. It also helps us face setbacks with greater responsibility, perspective and emotional strength.
Pop star Ed Sheeran called the situation in Gaza catastrophic and unjustifiable during a Philadelphia concert, breaking his silence on the Israeli-Palestinian conflict. His remarks came after criticism over the removal of opening act Macklemore from his tour following the rapper's pro-Palestinian comments. Four other supporting acts later withdrew from the tour, citing their support for Palestinians.
Ferdinand Chevals work was not immediately treated as a major artistic achievement. His creation existed outside conventional architectural movements, and he was an outsider to the established art world. Yet the Ideal Palace eventually attracted attention from influential artists, particularly figures associated with Surrealism.
German Chancellor Friedrich Merz's Christian Democratic Union (CDU) faced heavy losses in two state elections, according to exit polls, adding to pressure on the leader as he struggles to revive the economy and contain the far-right AfD's rise. The AfD made gains in both states, while the CDU was projected to record its worst-ever result in Mecklenburg-Western Pomerania since World War II.
Denmark and the United States have reached an agreement concerning Greenland. This deal will significantly expand the US military presence on the Arctic island. Denmark stated its sovereignty over Greenland will not be compromised by this agreement. The pact aims to prevent US adversaries from establishing bases in the territory. Key details regarding the buildup scale remain undisclosed by the parties.
In 2022, Tom Hanks launched a coffee company dedicated to supporting U.S. veterans; 100% of its profits are directed to military families nationwide. Hanks for Our Troops, earlier called Hanx Coffee, gives its net profits to groups that support veterans, service members and military families. The brand sells ground coffee and single-serve pods, and its products are available online and at Walmart stores across the United States.
Chuck Leavell, renowned keyboardist for the Rolling Stones, is deeply committed to conservation. He oversees the Charlane Woodlands & Preserve, dedicated to promoting forestry and protecting wildlife habitats. With a lifelong love for bird dogs and quail hunting, his efforts have resulted in impressive habitat restoration. This harmony between his musical journey and environmental stewardship keeps him connected to his roots.
Since launching in 2021, Denmarks DecomBlades project has turned retired wind turbine materials into resources for new turbines. Its pyrolysis process recovered glass fibre that Siemens Gamesa used in 115-metre blades for rsteds offshore project in Taiwan. About 40 tonnes have entered production, while material passports could make future blade recycling easier and more precise.
Ryan Reynolds bought into Mint Mobile and turned himself into its unlikely spokesman; 4 years later, T-Mobile agreed to pay up to $1.35 billion for its parent company. Reynolds owned about 25% of the carrier and earned an estimated $300 million to $337.5 million from the sale. His role extended beyond ownership as his agency Maximum Effort created and starred in Mints ads, helping build the brand before T-Mobile completed the acquisition in 2024.
Eight-year-old Andrew Lun, a United States piano prodigy, has won multiple international competitions. He has performed at renowned venues like Carnegie Hall and the Philharmonie de Paris. Lun was accepted into the Juilliard School's Pre-College Division in 2025. He received First Prize and a Judges' Distinction Award in 2021. This young musician continues to achieve significant recognition for his talent.
In 2010, a major change was taking shape at the Poplars waste site near Cannock, Staffordshire. Plans were being developed for a large anaerobic digestion facility that could process up to 120,000 tonnes of food waste each year. The plant was not yet operating at that scale in 2010; it opened in 2011. But the project marked an important shift in how food waste could be handled.
The October 7th attack has profoundly impacted Israeli Jewish identity and faith. Some secular Israelis are finding new meaning in religious practices and traditions. Others are questioning their beliefs and the role of God in such events. Many are exploring their Jewish heritage and spirituality in diverse ways. This has led to increased interest in community gatherings and traditional observances.

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