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The Economic Times

Global Business / The Economic Times

Mumbai, India's financial hub is losing its coastal edge as pollution surges

Mumbai has faced unusually poor air quality throughout October as the average air quality index has sharply increased. According to data, this month has seen significant concentrations of PM2.5 particles that pose health risks. The ongoing El Nio effect is causing slower coastal winds that usually help disperse pollution. Factors such as construction activity and urban development further contribute to the deteriorating air quality.

30 Oct 2026 12:04 pm
New 'eye in the sky'! India's GPS gets a major upgrade tonight; 5 things to know about what ISRO's NVS-03 satellite will change

ISRO is scheduled to launch its GSLV-F18 rocket carrying the NVS-03 navigation satellite at 11:51 pm on October 30 from Sriharikota. The mission aims to strengthen India's NavIC network with an additional L1 navigation signal and improved timing capabilities through an indigenous atomic clock.

30 Oct 2026 12:04 pm
Israel's election results give neither Netanyahu nor the opposition a majority. What lies ahead?

Israels election results have left Prime Minister Benjamin Netanyahus bloc with 53 seats and the main opposition with 48 in the 120-member Knesset, triggering weeks of coalition negotiations. Arab-led parties won the remaining 19 seats and could become kingmakers, though their potential role has sparked controversy. If parties fail to form a government, Israel could hold another election early next year.

30 Oct 2026 12:03 pm
IRCTC hotels case: Delhi court defers formal framing of charges against Lalu, others

A Delhi court has adjourned the framing of money laundering charges against Lalu Prasad Yadav and his family members. The judge stated that all accused, except those exempted, must be present at the next hearing. The Enforcement Directorate's case involves the alleged IRCTC hotel scam, with nine of the sixteen accused facing charges. The investigation indicates no political vendetta against Lalu Prasad, despite defense claims.

30 Oct 2026 11:56 am
Tripura inaugurates first tea auction centre to cut costs, boost growers' earnings

Tripura has inaugurated its first tea auction centre in Agartala to improve local tea marketing and reduce expenses. The new facility aims to shorten the time required to sell tea consignments by about 40 percent. Currently, a significant amount of Tripura's tea is sold outside the state, which increases costs for producers. The establishment of the auction centre is expected to facilitate better coordination between sellers and buyers.

30 Oct 2026 11:51 am
US Elections 2026: Trump's midterm headache grows as polls show Democrats gaining ground in key races

US midterm elections: Four days before the US midterms, major national polls show Democrats leading Republicans by roughly 8-10 points on the congressional ballot, putting the House within reach while Trumps weak approval ratings and voter concern over the economy remain major headwinds for the GOP. The Senate is tighter, but recent CNN battleground polling shows Democrats ahead in several key races, giving the party a possible path to the four-seat gain needed for control.

30 Oct 2026 11:19 am
Vote Republican, or else: How Trump is dangling government help on campaign trail

President Donald Trump has suggested that his administration may withhold assistance from Democratic leaders after the midterm elections. At recent rallies, he has used the threat of political favoritism to bolster Republican candidates. His comments have concerned some voters, especially veterans seeking aid linked to contaminated water at Camp Lejeune. Additionally, Trump's remarks in North Carolina and Kansas have sparked controversy among local Democratic candidates.

30 Oct 2026 10:37 am
Bhutan GLOF washes away Gasa hot spring complex, damages highway; assessment underway

Sintaphu Lake in Bhutan experienced a glacial lake outburst flood that washed away a hot spring complex. The Punakha-Gasa highway also suffered significant damage, leading to road closures. Authorities are assessing the situation and advising avoidance of non-essential travel in affected areas. Precautionary evacuations were executed as floodwaters reached nearby communities. Flood advisory alerts were issued in India for regions along the Sankosh River.

30 Oct 2026 10:33 am
G20 diplomats, including from China and Russia, face deep rifts as they prepare to meet in Atlanta

Top diplomats from the G20 nations are convening in Atlanta to discuss pressing global issues. Key topics include regional conflicts and trade tensions affecting international security. U.S. Secretary of State Marco Rubio aims to facilitate cooperation among member countries. However, deep divisions are evident, especially regarding military actions and the Ukraine situation. This meeting serves as a precursor to the upcoming G20 summit hosted by President Trump.

30 Oct 2026 10:17 am
China trade accord with Swiss bucks wider trend towards protectionism

Chinese President Xi Jinping and Swiss President Guy Parmelin are set to sign a significant trade deal. The accord offers Switzerland extensive market access to China, enhancing the trade relationship between the two nations. This agreement notably contrasts with increasing trade barriers established by the United States and the European Union. Swiss officials believe this deal will provide stability in a volatile global trade environment.

30 Oct 2026 9:47 am
Singapore layoffs hit highest level since 2020 in third quarter

Singapore recorded 4,800 retrenchments in the third quarter of 2026, the highest level since late 2020 during the Covid-19 pandemic. The rise, driven by business reorganisations, came despite overall employment growth of 27,700 during the quarter. The Ministry of Manpower flagged emerging weaknesses in parts of the labour market, with more companies indicating plans to retrench employees over the next three months.

30 Oct 2026 9:20 am
Venezuela's Maria Corina Machado hopeful for 2027 presidential election

Venezuelan opposition leader Maria Corina Machado, in her first public remarks since returning from 10 months in exile, said the country is moving irreversibly towards presidential elections in 2027. She called for the dismantling of the repressive system and the release of political prisoners, while denying any contact with interim President Delcy Rodriguez or Washington over a possible meeting.

30 Oct 2026 8:55 am
Trump cancels rallies in Kansas and Iowa, opting for telerallies to reach more voters, RNC says

US President Donald Trump has shifted to phone rallies in the final days of the midterm election campaign, cancelling planned appearances in Iowa and Kansas as Republicans face tight Senate races across several states. Trump travelled to South Carolina to campaign for Republican Senate candidate Darline Graham, who is facing a strong challenge from Democrat Annie Andrews. With voter concerns over the economy, fuel prices and the war in Iran weighing on the campaign, both parties are making a fin

30 Oct 2026 8:14 am
NCLT, NCLAT 'hijacked' by corporate affairs ministry: Supreme Court

The Supreme Court expressed discontent with the Ministry of Corporate Affairs regarding appointments in the National Company Law Tribunals. The court emphasized the need for NCLT and NCLAT to gain full autonomy over their staff. It criticized arrangements outsourcing tribunal staff recruitment to private companies, which could jeopardize existing contractual employees. The court urged comprehensive proposals from NCLT and NCLAT presidents to improve operational requirements.

30 Oct 2026 8:04 am
Biodiversity finance impasse clouds COP17 closing talks

Finance has become the main sticking point at COP17 in Armenia, with India, Brazil, China and other developing countries opposing efforts to widen the pool of nations contributing to biodiversity funding. They argue developed countries should first meet existing commitments, while the EU and others support bringing more countries into the funding base as negotiations remain deadlocked ahead of the summits close.

30 Oct 2026 8:01 am
'You look like hell': Trump body-shames journalist on questions over cancelled rallies

US President Donald Trump verbally attacked a journalist during a tense press exchange after being questioned about his health and cancelled weekend campaign rallies in Kansas and Iowa, insisting he is in perfect health and shifting to virtual tele-rallies instead.

30 Oct 2026 7:55 am
Mbappe, Real Madrid and La Liga face long road to redemption in China

Kylian Mbappe, Real Madrid and La Liga have apologised after the footballer sparked outrage in China with comments about former leader Mao Zedong. The controversy has led major Chinese brands to cut ties with the French striker, while La Liga matches have been pulled from state broadcaster CCTV. Experts warn that the apologies may not be enough to repair the damage to their reputation and commercial interests in the country.

30 Oct 2026 7:51 am
Oil Price Today (October 30): Crude oil jumps to $118 as Trump weighs fresh attacks after midterm. What are experts saying?

Crude oil price : Oil prices rose on October 30 amid fears of a potential US military strike against Iran. Crude oil prices have reached a six-month high due to ongoing security risks in the Strait of Hormuz. Uncertainties surrounding the conflict's escalation have led analysts to predict further price increases. Attacks on oil infrastructure in Saudi Arabia are also contributing to market volatility.

30 Oct 2026 7:50 am
Japan, Bangladesh widen BIG-B ambitions, bring India into focus

Bangladesh Prime Minister Tarique Rahman's meeting with Japanese Prime Minister Sanae Takaichi focused on the BIG-B initiative. The initiative aims to enhance economic cooperation and connectivity in the Bay of Bengal region. Japan is particularly interested in developing the Matarbari deep-sea port with Bangladesh's support. Both countries plan to expand supply chain networks linking India, Nepal, and Bhutan.

30 Oct 2026 7:28 am
Chinese EVs win over some in South Korea, but Japan is proving to be a rougher road

Chinese electric vehicle makers such as BYD are making inroads into South Korea, challenging established domestic brands with competitively priced models and growing dealership networks. BYD has sold more than 20,000 vehicles in the country in the first nine months of the year, overtaking Toyota and Lexus combined. Japan, however, has proved a tougher market due to low EV adoption, consumer preference for hybrids and scepticism towards Chinese brands.

30 Oct 2026 7:24 am
Gold prices edge lower as US inflation data reinforces Fed outlook

Gold prices fell in early Asian trading, reflecting a decline of over 1% from the previous session. Spot gold is currently valued at $4,006.06 per ounce, while US gold futures have dipped to $4,018.50. Heightened inflation worries have raised fears of a potential interest rate hike by the Federal Reserve in December.

30 Oct 2026 7:22 am
Trump pressure prompts Ukraine to pause strikes on Russian refineries, WSJ reports

Ukraine has paused its strikes on Russian oil refineries following pressure from US President Donald Trump, the Wall Street Journal reported. Ukrainian units were reportedly told in mid-October to complete ongoing missions but hold off on further attacks. The unofficial pause could last until after the US midterm elections and potentially deeper into November, amid renewed efforts to revive peace talks.

30 Oct 2026 6:13 am
Israel election results leave Netanyahu in limbo, with Arab parties holding the deciding votes

Israels election has left Prime Minister Benjamin Netanyahu without a clear path to a governing majority, with his bloc winning 53 seats against 48 for Gadi Eisenkots opposition and Arab-led parties holding the remaining 19. The result makes Arab parties potentially decisive in coalition talks, even as Likud alleges without evidence that the vote was stolen and authorities investigate separate claims of possible foreign interference.

30 Oct 2026 5:30 am
Binance Hacked? Tether, Circle freeze $2.38 billion after world's largest cryptocurrency exchange probes security issue

Binance.US, a separate cryptocurrency exchange, said it was not affected by the security incident.

30 Oct 2026 4:15 am
US Stock Market today: Why are S&P 500, Dow Jones, Nasdaq down? Check top and worst performing stocks at Wall Street

Wall Street today saw one of the shocking losses as Google-parent Alphabet sufferedthe worst day since the company began trading at the US Stock Market.

30 Oct 2026 4:02 am
US Bond Treasury Yield Notes fall big: Why are 10-year, 30-year, 2-year notes down? Check factors, what to expect

US Treasury yields were down ahead of the US midterm elections 2026 due to a number of factors.

30 Oct 2026 3:28 am
US midterm election 2026: Will Alaska polls be called off? What will happen on results day?

Along with Alaska election in the US midterm election 2026, California's voter rolls is also under scanner.

30 Oct 2026 2:53 am
'Sylvia failed three polygraphs': Hegseth fires top Pentagon strategist as Trump warns 'leakers'

'Sylvia failed three polygraphs': Hegseth fires top Pentagon strategist as Trump warns 'leakers'

30 Oct 2026 2:42 am
Will Kalshi prediction market be banned in US? Why is state of Utah filing criminal charges?

According to the filing, Kalshi required the agent to confirm his location before each bet, and he truthfully reported he was in Utah. The company collected a fee on every wager, which prosecutors say amounted to proceeds from illegal gambling.

30 Oct 2026 2:41 am
Google went to Finland for its AI expansion. Now a cleared forest and a police probe threaten to overshadow its $15 billion investment

Google's planned expansion in Finland is facing scrutiny due to alleged environmental violations at a data centre site. Authorities are investigating whether the company breached local laws related to water management. The controversy has drawn public criticism and highlighted the need for responsible corporate practices. As investment in artificial intelligence increases, balancing economic growth and environmental protection remains challenging.

30 Oct 2026 2:17 am
AI boomerang: What one should keep in mind if Microsoft, Barclays Bank, Kroger rehire sacked employees?

Microsoft, Barclays Bank and supermarket chain Kroger are among the latest entries on a growing list of companies that have announced AI-related workforce reductions this year.

30 Oct 2026 1:16 am
Pentagon treating military base freezer malfunctions as suspected cyberattack, officials say

In August, military commissaries in the United States experienced freezer malfunctions that resulted in significant food spoilage. Investigators are exploring these incidents as possible cyberattacks, with updates being shared with French counterparts. A similar attack in France impacted hundreds of commercial freezers, causing significant financial losses. The vulnerability of refrigeration systems to cyber threats poses risks to food safety and supply chains.

30 Oct 2026 12:39 am
'Communists, Islamists have taken over Dems': Cruz tears into Talarico, Abdul, Mamdani at GOP rally

'Communists, Islamists have taken over Dems': Cruz tears into Talarico, Abdul, Mamdani at GOP rally

30 Oct 2026 12:27 am
Chinese Horoscope November 2026: 3 zodiac signs could end the month with a win as they get overdue recognition

November 2026 could bring success for three Chinese zodiac signs. Trying something new early in the month may lead to well-earned recognition by its end.

30 Oct 2026 12:04 am
'Why cant I have opponent like her': Trump mocks Acton in a final pitch for Vivek Ramaswamy in Ohio

'Why cant I have opponent like her': Trump mocks Acton in a final pitch for Vivek Ramaswamy in Ohio

29 Oct 2026 11:37 pm
Find Dan Sullivans: Peltola's secret spoiler plot exposed? Trump demands, 'Either quit, else'

Find Dan Sullivans: Peltola's secret spoiler plot exposed? Trump demands, 'Either quit, else'

29 Oct 2026 11:35 pm
In a flash, money vanishes overseas': DOJ uncovers massive Ghost Student identity theft scheme

In a flash, money vanishes overseas': DOJ uncovers massive Ghost Student identity theft scheme

29 Oct 2026 11:12 pm
Trump LIVE | POTUS fires up Republicans in South Carolina, rallies for Darline Grahams victory

Trump LIVE | POTUS fires up Republicans in South Carolina, rallies for Darline Grahams victory

29 Oct 2026 11:02 pm
Bridgerton Season 5 wraps filming, but when will Francesca and Michaelas romance reach Netflix? Here's when you can expect new episodes

Bridgerton Season 5 has finished filming, with Netflix confirming a 2027 premiere. Hannah Dodd and Masali Baduza lead the new chapter as Francesca and Michaela explore their feelings.

29 Oct 2026 10:58 pm
Who is Brett Sylvia, the Pentagon general accused of leaking classified information?

Lt. Gen. Brett Sylvia, a senior US Army officer, was reportedly removed from his role as director of Strategy, Plans and Policy on the Pentagons Joint Staff by Defense Secretary Pete Hegseth over alleged leaks of classified information. His dismissal has raised questions about Pentagon security protocols and senior military leadership.

29 Oct 2026 10:56 pm
The age of pirates isn't over: Modern-day Somali raiders are hijacking oil tankers, holding sailors hostage and demanding millions in ransom

On April 21, 2026, armed men hijacked the Honour 25, a diesel tanker, in a swift attack. The crew was held hostage on board, with a ransom demanded for their release, which created a tense situation. Somali security forces intervened in September to recover the vessel, resulting in tragic consequences. Five crew members lost their lives during the operation, compounding the crisis.

29 Oct 2026 10:42 pm
'Trump's billionaire sidekick...': Gov. candidate Bottoms rallies Georgia with fiery Midterms speech

'Trump's billionaire sidekick...': Gov. candidate Bottoms rallies Georgia with fiery Midterms speech

29 Oct 2026 10:13 pm
The pope's car once had a silk-upholstered armchair and later a transparent dome: How the iconic Mercedes-Benz evolved over nearly 100 years

A new exhibition titled A Century of the Popemobile is now on display at the Vatican Museums. It features eight historic Mercedes-Benz vehicles that have served the Pope over the years. The exhibition highlights the evolution from luxury limousines to vehicles designed for public interaction. It illustrates the relationship between the German automaker and the Holy See since 1930. This transformation reflects changing priorities regarding comfort, safety, and public engagement.

29 Oct 2026 9:58 pm