The Economic Times

Mediators are continuing indirect talks with Iran and the United States to broker a deal that would end fighting and reopen the Strait of Hormuz, despite President Donald Trump publicly rejecting Tehrans latest proposal. Officials told AP that Washington has not formally rejected the draft, while mediators seek concessions from both sides.

The US bond market is executing a severe repricing of the cost of money. On Thursday, the 30-year Treasury yield reached 5.48%, a peak unseen since 2004. The benchmark 10-year yield touched 5.20%, marking a 1.25 percentage point climb since early March. Because bond prices fall as yields rise, this represents a massive selloff in the world's deepest government debt market. The 30-year yield specifically measures investor willingness to finance long-term government borrowing. Demanding 5.48% show

An Indian woman living in Dubai has shared a video of her small rented room, saying she pays around Rs 45,000 every month for the space. Sakshi described the accommodation as a tiny little box and said she had lived there for a year. She is now preparing to move into another room of a similar size.

When US polls close, election results are reported in stages beginning with preliminary totals. Media organizations like AP make race calls based on available information and contender standings. While results may change as additional ballots are counted, the official certification is completed later by election authorities. This formal process ensures a true and accurate vote count after all procedures are finalized.

A 12-hour shutdown in Senapati district, Manipur, has caused major disruptions, initiated by the Naga Peoples Organisation protesting the tragic deaths of three Naga civilians. The incident, which unfolded in Kailenjang village, resulted in the immediate death of two civilians, with a third succumbing to injuries later. The Naga Peoples Organisation insists on a comprehensive investigation.

Ford has halted or reduced F-150 production at its Michigan and Missouri plants because of a supplier-related parts shortage. Around 3,500 workers at the Dearborn Truck Plant have reportedly been told to stay home, while several shifts have also been canceled at the Kansas City Assembly Plant. Since last year, Ford has struggled with keeping its F-150 production going to meet demand.

Hugh Jackmans venture with coffee started following a 2009 trip to Ethiopia, where he met a young coffee farmer named Dukale. Motivated by Dukales determination, Jackman established Laughing Man Coffee in 2011 with an objective to support coffee-growing communities. The brand concentrated on premium coffee while directing 100 percent of Jackmans profits to the Laughing Man Foundation.

US Stock Market Today: U.S. stock markets slipped on Monday morning as a sharp rise in crude prices and surging Treasury yields unsettled investors following last weeks broad rally. The Dow Jones Industrial Average dropped 379.73 points, or 0.73%, to 51,448.89. The S&P 500 sank 0.94% to 7,670.67, while the tech-heavy Nasdaq Composite dropped 1.22% to 26,737.84. Energy marked the sole S&P 500 sector trading in positive territory, benefiting directly from a fresh spike in global fuel costs.

The ongoing US-Iran war is affecting vital maritime chokepoints, specifically the Strait of Hormuz and Bab el-Mandeb Strait. Shipping traffic has decreased significantly through Hormuz due to conflict, impacting global energy markets. The situation at Bab el-Mandeb has worsened after Houthi forces seized strategic Perim Island. Discussions between the US and Iran continue with hopes for reopening Hormuz amid rising concerns.

Starting October 1, millions of additional Amazon Prime customers could receive automatic payments as part of a settlement. This expanded distribution includes consumers who used 11 to 20 Prime benefits within a year. Eligible subscribers do not need to complete any forms to receive their compensation. Amazon has already refunded over $845 million to affected customers prior to this announcement.

Commerce and Industry Minister Piyush Goyal will visit the US from September 29 to October 5 for the G20 Trade Ministers meeting and talks with US Trade Representative Jamieson Greer on the India-US bilateral trade agreement.

At the Asian Games, Indian javelin throwers Yashvir Singh and Rohit Yadav showcased their skills by securing silver and bronze medals. Yashvir set a new personal best with a distance of 85.72m on his last throw, while Rohit clinched bronze with a throw of 84.35m. The gold medal went to Sri Lanka's Rumesh Tharanga Pathirage, who threw 88.55m. With this achievement, Indias medal tally now stands at an impressive 45.

Commerce and Industry Minister Piyush Goyal will visit the United States from September 29 to October 5 and participate in the G20 Trade Ministers meeting, the Commerce Ministry said. The visit comes as India continues engagement with the US on trade and economic issues, with Goyal set to hold official engagements.

Both Indian men's and women's squash teams successfully qualified for the quarterfinals in the Asian Games. The women's team achieved a victory against Japan while the men's team comfortably defeated South Korea. Anahat Singh lost her match against Satomi Watanabe, but Joshna Chinappa and Tanvi Khanna secured wins for India. The men's team displayed strong performance with several decisive victories over their opponents.

India and the UAE are working towards enhancing bilateral trade by adopting local currency transactions and payment system integration. The two countries aim to reduce transaction costs, improve payment access, and settle international trade using Indian rupees and UAE dirhams. Various sectors, including energy and technology, will see increased investment opportunities as a result of these initiatives.

SpaceX's Starship Flight 14 is set to attempt orbital insertion and deploy next-generation Starlink V3 satellites. The mission will also involve testing the spacecraft's heatshield during atmospheric reentry. Starship will work in conjunction with the Super Heavy booster to complete multiple objectives. The launch window opens later today and lasts for about 75 minutes. Successful execution of the mission is essential for future SpaceX operations in space.

A consumer commission in Gurdaspur has ordered MakeMyTrip to pay Rs 48,775 to an advocate whose family says the Srinagar and Gulmarg hotels they booked online could not be found, leaving them to spend a night in their car in the snow.

LPU Protest Reason: LPU protests erupted on September 27 after a rape allegation involving a female student at Lovely Professional University in Punjab. Students are demanding justice, stronger hostel security and accountability. Police have registered a case and formed an SIT to investigate. The university has suspended classes for 10 days and postponed mid-term exams.

AICC general secretary K C Venugopal made serious allegations regarding the integrity of the Election Commission. He claimed a conspiracy involving CEC Gyanesh Kumar, PM Narendra Modi, and Home Minister Amit Shah. Venugopal pointed out that illegal acts were committed to benefit the ruling party. He announced a Congress working committee meeting to discuss the situation in detail. The alliance of opposition parties is also expected to coordinate their response.

Taking you through Dame Judi Dench's 6-acre private garden in Surrey woodland tributes, each representing a lost loved one, and so much more.

Five men were detained by police in Fairford after reports of suspicious activity near an air base. Authorities are investigating a potential Iranian-linked motive behind the incident, which included the presence of explosives. Security measures have been heightened, and residents were evacuated from nearby homes for safety reasons. The UK government continues to monitor the situation closely as US military operations are involved.

The latest discoveries have lent a sharper edge to the debate over whether increasingly capable AI systems can be effectively monitored and controlled. OpenAI's Sam Altman and Anthropic CEO Dario Amodei have called for a more measured pace of AI development and caution in pursuing recursive self-improvement.

Benjamin Satterley, famously recognized as PAC, began his wrestling journey in Newcastle upon Tyne, England. His career skyrocketed as he made a name in major promotions like WWE and AEW, where he dazzled audiences with his high-flying moves. After a contract dispute led him to depart WWE, PAC returned to AEW, solidifying his status as a wrestling icon known for remarkable talent and daring performances.

Frank Busch, renowned swimming coach at the University of Arizona and Olympic coach for USA Swimming, has tragically passed away following a fishing trip. After collapsing at Phoenix airport, he succumbed to a severe heart attack. A pioneering figure in the sport, Busch had coached since age 16, leading Arizonas swim program to national prominence. He leaves behind his wife Patty, five children, and seven great-grandchildren.

Former Manipur chief minister N Biren Singh said more than 60 people have been killed since early 2026 as violence continues unchecked in the state. His remarks came after suspected militants killed two Naga civilians and injured two others in Senapati district. At least 306 people have been killed and 49 remain missing since ethnic violence began in May 2023.

Rajiv Anand, the MD and CEO of IndusInd Bank, has been informed that his name is unmapped from the electoral roll. He expressed confusion as he has valid identification including voter ID and Aadhar card. The Election Commission is conducting a Special Intensive Revision for voter list updates. They have extended deadlines for filing claims in Delhi and Maharashtra as part of this effort.

Benjamin Satterley, famously known as Pac in AEW and Neville during his time in WWE, has passed away at the age of 40. Beginning his wrestling journey in 2004, he made a name for himself on Britain's independent wrestling scene and in Japan's Dragon Gate. Joining WWE in 2012, he won multiple championships.

Donald Trump could become a lame duck president after US midterm elections but prospects at the ballot box are looking brighter for ducks of the feathered variety. There are more pressing issues like defense of democracy, like standing up to the (Trump) administration's encroachments on democracy but since the ban is on the ballot, I figured I might as well help out. msp/sms

India's exporters will encounter new carbon costs due to the European Union's Carbon Border Adjustment Mechanism. The mechanism, effective from January 2026, targets carbon-intensive goods and imposes a cost on emissions. India's heavy reliance on carbon-intensive industries like steel and aluminium raises significant challenges in maintaining export competitiveness. The country is establishing a domestic carbon market to mitigate these challenges and promote cleaner technologies.

Taylor Swift's unforgettable night at the 2026 MTV Video Music Awards in Los Angeles saw her clinch three awards, making her the most decorated artist with a total of 31 VMAs. Her heart-stopping win for 'Video of the Year' for 'The Fate of Ophelia' stood out. The show kicked off with a dazzling performance by Madonna and included a touching homage to Dolly Parton.

The Powerball jackpot has reached $389 million for an upcoming drawing, offering substantial payout options. Winners must consider federal and state taxes impacting their final amount. Recent significant wins have been recorded in Illinois, North Carolina, and Arkansas. The lottery continues to attract players with its large jackpots and frequent drawings. Tickets can be purchased in various states, either physically or via an app.

Matthew Stafford surprised fans by appearing in Taylor Swift's music video during the 2026 MTV Video Music Awards, creating a buzz. On this landmark evening, he also achieved a significant milestone in NFL history, throwing for over 20,000 yards with two separate teams. His record-breaking 15-yard pass to Konata Mumpfield against the Denver Broncos is a testament to Stafford's dual impact in entertainment and athletics.

Nirvanas guitarist Pat Smear was accompanied by his fellow surviving bandmate - Dave Grohl and Krist Novoselic - who were recognized for their great contribution and impact to music and popular culture. Video clips of the cigarette scene became viral on the internet and were widely discussed by the fans.

Taylor Swift received the Video of the Year at MTV's Video Music Awards and inaugural Artist Director Honors at the 2026 VMA. Swift has directed 18 of her music videos and now holds 31 VMA awards. During the ceremony, Madonna opened the show with her performance alongside Sabrina Carpenter. Lisa won the best pop video award for her song, while Nirvana received the Video Vanguard Award.

Kacey Musgraves paid tribute to Dolly Parton by performing her classic song at the 2026 MTV Video Music Awards. Parton, who passed away in August 2026, was remembered fondly during the ceremony. The awards show was hosted by Snoop Dogg and opened by Madonna, showcasing numerous performances. Madonna led the nominations with eleven, while Taylor Swift followed with nine nods.

Brent crude futures rose $1.65, or 1.50%, to $106 a barrel, while US West Texas Intermediate crude was at $93.40 a barrel, up 99 cents, or 1.10%.

Gold prices have taken a hit, influenced by rising oil rates that have sparked inflation fears and suggested further interest rate hikes may be on the horizon. Spot gold decreased by 0.7%, with US gold futures mirroring the trend. Analysts warned that escalating energy costs may exacerbate inflation, prompting consumers to feel anxious about their financial stability. Additionally, declines were seen in other precious metals, including silver and platinum.

Oil prices experienced a rebound of more than 1% as geopolitical tensions in the Middle East persisted. Donald Trump rejected Iran's peace proposal that aimed to resolve the ongoing conflict and reopen the Strait of Hormuz. Furthermore, increasing attacks by Iran-backed Houthis on Saudi Arabia heightened regional supply vulnerabilities. Meanwhile, crude oil exports from major Middle Eastern countries surged, reaching the highest levels since February.

SpaceX's Starship rocket is set to attempt its first orbital flight after years of development and testing. The launch will occur in Texas with goals including deploying 26 Starlink satellites into orbit. As the rocket journeys, it will orbit the Earth six times before landing in the Pacific Ocean. The launch is crucial for future missions to the Moon and Mars, despite potential risks.

A Delta Air Lines flight carrying nearly 300 passengers made an emergency landing in Northern Portugal's Porto. The flight, originating from Barcelona, detected smoke in the cabin midway over the Atlantic. Fourteen individuals received treatment for smoke inhalation, and four were taken to hospitals. The aircraft safely landed with emergency services in place at Francisco de S Carneiro Airport.

Down 20-16, Minnesota received a huge setback when Baker Mayfield got injured towards the end of the fourth quarter. Mayfield was tackled by Vikings linebacker Blake Cashman when he tried to throw the ball while on fourth down. Mayfields right hand made contact with Cashman when his pass was intercepted by Andrew Van Ginkel.

China has confirmed a two-month extension of the trade truce with the US following a recent summit. This extension aims to provide a stable policy environment for ongoing discussions and cooperation. Both countries can now assess the previous implementation of their economic arrangement established in October. The extension is expected to give room for advancing trade-related issues effectively. Active discussions are likely to continue, focusing on resolving economic matters.

President Donald Trump is optimistic that the ongoing conflict with Iran will come to a swift conclusion. He indicated that the resolution could lead to a significant reduction in global oil prices. Trump also stated that both military action and economic sanctions are proving effective against Iran. Iranian Foreign Minister Seyyed Abbas Araghchi expressed readiness for a potential war and emphasized Tehran's willingness for diplomacy.

President Trump has been discussing the potential U.S. arms sale to Taiwan with Chinese President Xi Jinping. Trump has emphasized that arms sales are a normal activity for the U.S. and questioned Xi about his interest in purchasing them. The U.S. is obligated to help Taiwan defend itself, despite not recognizing it as a country. Concerns over delayed military aid and weapon orders to Taiwan have been raised by lawmakers.

Hurricane Nolo is still a cause of concern for the residents of Hawaiian Islands even when the storm has been moving away. This is because the threat of heavy rains and flash floods still remains, media reports said.

Quote of the day by Gwyneth Paltrow shows how life includes both success and hardship. The saying encourages people to accept change, stay patient and keep working hard. Paltrows career in films and television also reflects the different phases of her professional life.

In astrology, Taurus is closely tied to stability, financial security and a sense of personal worth. On September 28, 2026, the Moon moves through this earth sign, bringing those themes into greater focus.

UK Prime Minister Andy Burnham plans to introduce new levies for a reformed social care system. He believes care for the elderly should be universally free at the point of use. Burnham aims to create a comprehensive plan before the next general election. He has pledged to maintain current tax commitments while ensuring everyone contributes to the system's funding.