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The Economic Times

Global Business / The Economic Times

Scion of one of Indias biggest fortunes puts his England mansion up for discount sale

Anand Nadathur, inheritor of a huge fortune in India, has reduced the asking price of his opulent Surrey property from 19.5 million to 15 million. This adjustment is indicative of the declining state of the UK's luxury real estate market. Following tax reforms unfavorable to affluent expatriates, Nadathur relocated to Singapore, mirroring a trend of wealthy individuals distancing themselves from Britain.

22 Oct 2026 9:32 pm
7.0-magnitude earthquake hits Tibet

There were no immediate reports of casualties or damage following the quake, which hit Baqen County of Nagqu City around 10.33 PM local time. The epicentre was monitored at 32.40 degrees north latitude and 93.79 degrees east longitude.

22 Oct 2026 9:31 pm
'Peak woke insanity': Scottish museum removes Egyptian mummies from display, cites lack of 'consent' and 'respect' for the dead

In a significant move towards ethical considerations, Glasgow's Kelvingrove Art Gallery and Museum has taken ancient Egyptian mummies off public view, guided by a draft Human Remains Policy that prioritizes respect and consent. Among the mummies now removed are notable artifacts, including a male head and the remains of a priest known as Nekt.

22 Oct 2026 9:22 pm
US Midterm election 2026 early voting, mail-in, in-person votes before polling day surge higher than previous years. What does this mean for Donald Trump, Republican party?

US Midterm elections typically favor the party out of power in Washington. With Republicans in control of both chambers of Congress and the White House, it's a distinctly different environment than 2022, when Democrats were in charge.

22 Oct 2026 9:13 pm
How Elon Musks $3.5 trillion TeslaSpaceX merger could rewrite the rules of his business empire and shift who holds the power

In an ambitious move, Elon Musk is contemplating merging Tesla with SpaceX, a deal poised at roughly $3.5 trillion. Public sentiment appears favorable, yet no official contract has been signed. Teams of independent evaluators will scrutinize the merger plan to assure shareholder fairness. Should this merge succeed, it could significantly enhance Musk's sway in business decisions, though regulatory obstacles and shareholder needs could complicate the pathway ahead.

22 Oct 2026 9:10 pm
Michael and Susan Dells $10.9 million Boston penthouse, inspired by movie The Thomas Crown Affair, heads to auction after a decade without anyone living in it

Michael and Susan Dells luxurious Boston penthouse, purchased for $10.9 million in 2016, is heading to a sealed-bid auction with a minimum reserve price of $6.5 million. Inspired by the 1968 film The Thomas Crown Affair, the couple has never lived in the penthouse, and its kitchen oven reportedly has not been used in a decade.

22 Oct 2026 8:51 pm
Trumps next White House press secretary: 10 names in the running after Katie Zacharias 5-day exit

As the quest for a new White House press secretary begins, potential names surface including Scott Jennings, Danielle Alvarez, and Maria Bartiromo, who are currently leading the discussion. Anna Kelly, the principal deputy press secretary, also emerges as a strong contender. Otros names such as Monica Crowley, Elizabeth Pipko, and Margo Martin contribute to the buzz, with a final decision expected post-midterm elections.

22 Oct 2026 8:30 pm
Florida cop accused of spending $214,000 renovating a dead mans home he allegedly took over for years

Brian Louis Sguros, a police officer, allegedly took control of Dennis West's home after his death. Investigators claim he used West's identity to facilitate renovations and obtain permits. The renovations reportedly cost over $214,000, which Sguros sought to recover through a civil complaint. The situation escalated when a real estate company claimed rightful ownership of the property. Ultimately, a criminal investigation was launched, leading to various felony charges against Sguros.

22 Oct 2026 8:12 pm
Euro zone consumer confidence falls to -17.9 in October

The European Commission said a flash estimate showed euro zone consumer morale decreased to -17.9 this month from a revised -16.8 in September.

22 Oct 2026 8:03 pm
In the late 1800s, America imported Japanese hops for medicine and gardens; escaped vines can now form 4-foot-thick blankets with thousands of plants per acre

Introduced to the United States in the late 1800s, Japanese hops were initially valued for their ornamental and medicinal qualities. However, they quickly transformed into invasive species that disrupt local ecosystems. Their rapid growth blocks sunlight, hindering native plants and habitats. To manage their spread effectively, ongoing strategies that focus on long-term control are essential, as their prolific seed production complicates eradication efforts.

22 Oct 2026 8:00 pm
Trump's midterm alarm bells are ringing: Five new polls hold clues

National polling ahead of the US midterm elections indicates a Democratic lead over Republicans in congressional races. Various surveys show that dissatisfaction with the current administration is affecting voter preferences. President Trump is experiencing low approval ratings, particularly regarding his economic management. Economic concerns, particularly rising gas prices, are influencing voter sentiment as the elections approach.

22 Oct 2026 7:40 pm
Jeff Bezos mysteriously linked to $69.5 million Golden Beach Florida mansion. It has 12 bathrooms, 2 pools, sauna, private theater, spa, fitness studio and 100-foot oceanfront

Jeff Bezos has been linked to a recently sold oceanfront mansion in Golden Beach, Florida, for $69.5 million. The luxurious 17,500-square-foot property features seven bedrooms and multiple pools, among other amenities. It is situated directly on the Atlantic Ocean, enhancing its appeal to potential buyers. Major sources assert that the property was purchased by a company associated with Bezos.

22 Oct 2026 7:30 pm
From $6 Diesel to Immigration Raids: What Michigan and Kansas Senate candidates told voters before Election Day

Candidates in Michigan and Kansas addressed pressing issues such as rising fuel costs and immigration enforcement. As the midterm elections approach, these topics influence voters' concerns about household finances and national security. Economic arguments varied between the two states, reflecting local priorities and the candidates' positions. The outcome of these Senate races may affect control of the Senate and federal policy directions.

22 Oct 2026 7:17 pm
In 1979, Minnesota began mixing ground-up scrap tires into two asphalt test roads; years later, FHWA said both experimental sections were still performing well

In Minnesota, a trial was conducted to explore the use of recycled tire rubber for enhancing roadway performance in winter. Utilizing PlusRide technology, granulated rubber was mixed into asphalt. While the results showed decent performance, the method fell short in offering better de-icing benefits. Moreover, the costs were not justified when compared to traditional asphalt.

22 Oct 2026 7:15 pm
Netanyahu invites PM Modi to light torch together with Indian pilot Smit Machchhar on Israel's Independence Day

Israeli Prime Minister Benjamin Netanyahu has invited Indian Prime Minister Narendra Modi to participate in Independence Day celebrations. Modi expressed gratitude for the invitation and acknowledged the cooperation between India and Israel on terrorism. Both leaders emphasized the importance of their long-standing relationship over the years. Netanyahu shared this conversation on social media to highlight their collaboration.

22 Oct 2026 7:01 pm
Pakistan's decades of interfaith promises fail to protect Sindh's Hindu minorities

According to The Express Tribune, the event, organised by the Christian Study Circle at a local hotel, brought together political representatives, religious figures, lawyers and social activists. Participants called for coordinated efforts to tackle religious extremism, discrimination and abuses against vulnerable communities.

22 Oct 2026 7:00 pm
Russian missiles pound Kyiv as Moscow says over 800 Ukrainian drones downed

Russia conducted a bombardment of Kyiv with ballistic missiles, resulting in casualties and substantial damage. Ukrainian officials reported fatalities and injuries due to targeted strikes on civilian areas, including markets and infrastructure. Following this escalation, President Volodymyr Zelenskyy criticized the lack of change in Moscow's approach toward peace negotiations. Peace talks with the U.S. and Ukraine were briefly discussed but yielded no significant progress.

22 Oct 2026 6:47 pm
Xbox Cloud Playtime launched: What is it, pricing, and everything else you need to know

Microsoft has unveiled a groundbreaking service called Xbox Cloud Playtime, enabling gamers to stream titles without needing a Game Pass subscription. Currently in preview for Xbox Insiders, it is set for a broader release in November. Players can buy cloud playtime in several hour increments, allowing them to stream eligible games on compatible devices. Due to increasing costs, restrictions have been placed on cloud gaming for Game Pass users.

22 Oct 2026 6:44 pm
Naman Dhir nearly quit cricket in 2022 to move to Canada, but father urged him to stay and try for one more year

Naman Dhir's unbeaten 42 off 15 balls helped India complete their highest successful T20 chase against New Zealand, earning praise from captain Shreyas Iyer for his composure and all-round options. Dhir's breakthrough comes after he nearly quit cricket in 2022 to move to Canada, before his father's encouragement led him to continue, make his Ranji Trophy debut and earn an IPL opportunity.

22 Oct 2026 6:36 pm
In 1991, Wisconsin factory worker Bill Minkey answered a seed-saving ad; by 2017, he had contributed nearly 500 plant varieties to Seed Savers Exchange

Bill Minkey embarked on his seed-saving adventure in 1991 after spotting a small ad in a newspaper. This spark of interest evolved into a passionate commitment, as he made invaluable contributions to the Seed Savers Exchange. Documenting almost 500 plant varieties, Minkey fostered a community of gardeners dedicated to preserving heirloom seeds. His journey showcases how dedicated record-keeping in seed stewardship can lead to impactful outcomes from humble beginnings.

22 Oct 2026 6:30 pm
Meta stock price: Why are Meta shares down today? Facebook, Instagram parent may witness USD 50 billion wipe out from company's market value despite strong quarterly revenue

Meta share price: Facebook, Instagram parent is spending heavily to support its AI plans, with an expected annual capital expenditure forecast between $135 billion and $145 billion.

22 Oct 2026 6:14 pm
Shamonda virus reported in France as patient dies: Why is it deadly, what are its symptoms, treatment and prevention methods?

Shamonda virus: France has reported the first known human case of the Shamonda virus after a patient died in October, raising questions about the potential risks of the infection. Previously associated mainly with livestock, the virus is transmitted by biting midges and has been detected in animals across parts of Europe, Africa and Asia.

22 Oct 2026 6:08 pm
Portland craftsman Mark Haley cut apart a donated credenza that shoppers kept passing by and rebuilt it as a storage bench; hundreds wanted to buy it at a home show

In Portland, Oregon, a skilled craftsman has successfully transformed a discarded credenza into a stylish storage bench, showcasing the creative possibilities of furniture repurposing. The innovative design drew considerable attention at its exhibition, with numerous visitors keen to purchase the repurposed item. This initiative emphasizes the crucial role of recycling materials to minimize waste and demonstrates how Habitat for Humanity effectively turns forgotten pieces into cherished assets.

22 Oct 2026 6:00 pm
87 million Facebook users & political targeting: What was the Cambridge Analytica scandal that is back in focus as Meta faces a $25 billion hit

Meta Platforms has been ordered to pay $25 billion for misleading consumers about data privacy in New Mexico. The ruling follows a jury finding that the company misrepresented access to personal information. New Mexico Attorney General Ral Torrez initiated the case, citing violations of consumer protection laws. This penalty is one of the largest ever imposed on a company by a state.

22 Oct 2026 5:56 pm
Gold price today: Gold rate crashes to lowest in 2 months, silver price drops. Here's what to expect

Gold rate prediction: Goldman Sachs expects one more 25-basis-point hike in December, lifting the peak policy rate range to 4.00 per cent-4.25 per cent.

22 Oct 2026 5:50 pm
Almost all coral reef ecosystems face risk of collapse in 50 years, study warns

The worlds coral reefs are critically endangered due to rising ocean temperatures and climate change. This poses a significant threat to marine biodiversity and coastal communities. Nearly all shallow-water reef systems could collapse by 2075 without intervention. Experts emphasize the need for ambitious emissions reductions and improved protection efforts. The IUCN report serves as a crucial reminder of the urgent action needed to protect coral ecosystems.

22 Oct 2026 5:40 pm
The weirdest thing I did was on Sundays: Matthew Perry took 55 Vicodin pills a day, faked MRIs and stole pills from open houses

Matthew Perry, beloved for his role in Friends, tragically passed away at 54 on October 28, 2023, due to addiction-related complications. Despite his immense success, Perry faced a formidable struggle with substance abuse, which he candidly addressed in his memoir. The forthcoming documentary, The One About Matthew Perry, set for release on October 27, 2026, aims to further explore his life and the pervasive issues surrounding addiction.

22 Oct 2026 5:39 pm
Nick Engelbert was a Wisconsin dairy farmer when a sprained ankle led him to make one concrete sculpture; 15 years later, his yard held more than 40 statues

In Wisconsin, Nick Engelbert, a dedicated dairy farmer, turned his farm into a unique art landscape featuring over 40 concrete sculptures inspired by his life's journey, historical narratives, and fairy tales. His wife, Katherine, enhanced the site with vibrant flower gardens. Following Engelbert's passing, the property fell into disrepair until the Kohler Foundation acquired and revitalized it in 1991.

22 Oct 2026 5:20 pm
Claude duet app launches in US: Anthropics new AI agent can work while you are asleep and tell you what needs attention

Anthropic has launched the Claude Duet app, designed to be a reliable assistant for professionals and small-business owners. This innovative tool offers scheduling meetings and drafting forecasts. Currently, access is exclusive to Claude Pro and Max subscribers in the US, ensuring that sensitive information remains secure through rigorous safety protocols.

22 Oct 2026 5:18 pm
Maines state ferries need about $15.8 million a year to run, while fares can cover only half; state law treats the boats as the only vehicle link to six islands

Linking six island communities with the mainland, the Maine State Ferry Service offers essential transportation for locals. Projected operational costs for the 2024 fiscal year stand at approximately $15.78 million, funded through a combination of user fares and state funding. The increasing expenses have resulted in fare escalation, adversely affecting island residents and local businesses. This ferry service functions within the framework of the states highway network, facilitating vital conne

22 Oct 2026 4:45 pm
Who is leading North Carolina Senate race polls? Can Democrat Roy Cooper defeat Michael Whatley amid Trumps $5,000 dividend pushback

North Carolina's Senate race will be held on November 3, 2026, featuring Roy Cooper and Michael Whatley. Recent polls indicate Cooper leads Whatley by 13%, garnering 52% of likely voters' support. Democrats and Independents largely favor Cooper, while Republicans back Whatley, with notable indecision among Independents. Voter enthusiasm appears higher for Cooper, which may affect turnout rates.

22 Oct 2026 4:28 pm
In 1892, Jesse Reno tilted a moving walkway to 25 degrees; four years later, about 75,000 people rode his strange new inclined elevator at Coney Island

In 1892, Jesse Wilford Reno patented a moving conveyor designed to transport people between different levels. His invention was first exhibited as an amusement ride at Coney Island, attracting around 75,000 visitors in two weeks. The conveyor consisted of metal boards and operated at a 25-degree gradient, differing from modern escalators. Although seen as an entertainment novelty, it laid the groundwork for future escalator development.

22 Oct 2026 4:05 pm
Lockheed, Pentagon strike initial deal to produce 850 F-35 jets

Lockheed Martin has entered into an agreement to produce 850 F-35 Lightning II fighter jets over the next decade. The contract is not an order but a prearranged long-term arrangement with the Department of Defense. This agreement aims to stabilize annual production at 156 aircraft, while also covering international orders and spares. Lockheed anticipates that this deal will support hundreds of thousands of jobs in the US.

22 Oct 2026 4:02 pm
Government can be changed only through legitimate poll process, BJP misleading people on SIR: NCP (SP)

The Nationalist Congress Party has accused the ruling Bharatiya Janata Party of misleading the public. NCP national spokesperson Clyde Crasto emphasised the need for a legitimate electoral process to change government. Allegations arise regarding irregularities in the Special Intensive Revision concerning electoral rolls. Crasto specifically mentioned the BJP's defense of Chief Election Commissioner Gyanesh Kumar amid these controversies. Opposition parties continue their calls for Kumar's resig

22 Oct 2026 3:54 pm
First terrorism, then Naxalism, now drugs: By 2029, Amit Shah sets hard deadline to wipe out Indias narcotics menace & Punjab crisis

Union home minister Amit Shah has set December 31, 2029, as the target to make India drug-free, saying the Centre will focus on tackling the narcotics menace after its fight against terrorism and armed Naxalism. Speaking on Police Commemoration Day, Shah also credited security forces for their role in LWE-affected regions. Around 7,000 people from 126 districts affected by left-wing extremism will attend the Ekta Diwas parade in Gujarat on October 31.

22 Oct 2026 3:51 pm
John Anderson, Country Music Hall of Famer, net worth: How Swingin and Seminole wind artist built his $7 million fortune

Country Music Hall of Famer John Anderson, best known for hits like Swingin and Seminole Wind, has died at 71. With an estimated net worth of $7 million, Anderson built his fortune through hit albums, music royalties, live performances and a career spanning four decades. John Andersons hit album Wild and Blue went multi-platinum, earning him royalties that continue to bring in money.

22 Oct 2026 3:44 pm
Prabhas Rs 60 crore Hyderabad villa: Inside Baahubali stars luxurious Jubilee Hills home with grand staircase, modern interiors and lush greenery

Prabhas, the renowned Telugu actor, lives in a stunning villa situated in the Jubilee Hills area of Hyderabad, valued at around Rs 60 crore. The residence boasts contemporary architecture with refined interiors, including a spacious living room and an impressive spiral staircase adorned with exquisite artwork. The terrace offers breathtaking views of the Hyderabad skyline, reflecting Prabhas stylish living.

22 Oct 2026 3:42 pm
In 1962, Willis Whitfield built a room that continuously swept dust away with filtered air; the idea became essential for computer chips, NASA and modern electronics

Willis Whitfield's innovative cleanroom concept emerged at Sandia National Laboratories to combat contamination issues in engineering. By introducing a system of filtered air that flowed continually, he created cleaner workspaces, profoundly impacting semiconductor manufacturing, pharmaceuticals, and space endeavors. His approach dramatically lowered airborne particle concentrations, establishing a new standard for contamination management that influences practices today.

22 Oct 2026 3:30 pm
How to register to vote in the 2026 US midterms: Deadlines, ID rules and what to know state by state

US Midterm election 2026: More than 11 million Americans had voted early in the 2026 US midterm elections by October 20, ahead of the November 3 polls. With voter registration deadlines, early voting schedules, identification requirements and mail-in ballot rules varying by state, voters must check local election guidelines to ensure they can cast their ballots.

22 Oct 2026 3:27 pm
First recorded human case of Shamonda virus reported in France: Health officials

The first case of Shamonda virus infecting a human being has been reported in France, causing the death of an infected individual. Health authorities have indicated there is currently no threat to public health overall. The virus primarily affects livestock, especially cattle, and is transmitted by biting midges. Previously, it was believed to be non-transmissible to humans until this incident.

22 Oct 2026 3:00 pm
In 2024, Rutgers planted soybeans between solar panels in New Jersey; the first harvest found no significant yield difference between two solar panel designs

Rutgers University recently performed a groundbreaking experiment on agrivoltaics to assess soybean yield productivity beneath solar panels. The results were promising, as both single and double-panel systems outperformed non-panel plots. However, given the preliminary data, ongoing research is crucial. The unique dry conditions experienced in 2024 required additional irrigation, influencing the experiment's results. Continued evaluation will uncover the long-term potential of integrating agricu

22 Oct 2026 3:00 pm