The Economic Times
Elections 2026Global Business / The Economic Times
India's women's hockey team secured a significant victory against South Korea with a score of 2-0. Ishika Chaudhary and Salima Tete scored the goals to ensure their place in the final. The team's next challenge is a match against defending champions China. India dominated possession throughout the match and earned numerous penalty corners. South Korea attempted a late comeback, but India's defense remained strong to secure the win.
Indias economy is set to grow 7% in FY27, according to S&P Global, which sees domestic demand, private investment, manufacturing, trade, energy security, renewable power, digital infrastructure and technology shaping Indias next phase of economic growth.
Predictions for the 2026 Nobel Prizes in science highlight significant contributions in areas like GLP-1 research and cancer therapies. Carl June is mentioned for his role in developing CAR-T cell therapy for cancer treatment. Researchers Emmanuel Mignot and Masashi Yanagisawa are noted for their work on orexin related to sleep regulation. Optical coherence tomography and lipid nanoparticle technology are also strong candidates for recognition.
Narendra Bhooshan has been appointed as Secretary of the Ministry of Environment, Forest and Climate Change. Previously, he was the Secretary for the Department of Land Resources. His appointment follows the retirement of Tanmay Kumar from the position. Dilip Kumar is also set to be reassigned from his role as Director General in the Ministry of Skill Development and Entrepreneurship.
Motivational Quote of the Day by Audrey Hepburn: The inspiring quote defines happiness and beauty. The timeless quote features that real happiness has a positive way of improving an individual's beauty than physical appearance alone.
The US military has finished withdrawing all troops from Iraq, marking the end of a 12-year mission. This withdrawal culminated in the handover of an air base in northern Iraq to local authorities. Iraqi Prime Minister Ali al-Zaidi described the event as the beginning of a new sovereign phase for Iraq. However, concerns arise regarding the future of Iranian-backed militias in the region.
Virat Kohli scored an unbeaten 139 in the first ODI against the West Indies, achieving his 55th ODI century. This performance led him to climb to second place in the ICC ODI batting rankings. Shubman Gill remains at the top after also scoring a century in the same match. Additionally, several players like Temba Bavuma and Kusal Mendis made notable advancements in the rankings.
Indian companies' credit profiles showed resilience during the first half of fiscal year 2026-27. Despite the energy shock from the West Asia conflict, rating actions remained limited to a few issuers. The supportive domestic environment contributed to sustaining household purchasing power and controlling inflation. Strong revenue growth was noted across various sectors, with significant upgrades in investment-linked domains.
With heavy rains sweeping across India, the preparation for the semifinal clash against Sri Lanka has faced challenges. The team has focused on indoor training sessions while maintaining high spirits. Players are eager to hit the field and recognize the stakes involved in this semifinal. Their optimism about adapting to Nagoya's playing conditions underscores India's cricketing strength and versatility, as they can field several teams at once.
Cornell University is reigniting its investigation into a 2024 sexual assault case following the emergence of new evidence. Central to this development are private communications between Jane Doe, the alleged victim, and one of the suspects. Although Jane Doe initially characterized the encounter as consensual, she has since affirmed that she was raped.
Tesla has now secured credit agreements amounting to $30 billion to finance its upcoming projects. The company plans to invest heavily in AI infrastructure, solar production, and semiconductor fabrication. Tesla also replaced an existing revolving credit facility while altering its capital expenditure forecast for 2026. Analysts estimate negative free cash flow of nearly $10 billion for the upcoming year.
Former American Idol contestant Caleb Flynn found guilty of shooting wife Ashley Flynn
Cornell University is back in the spotlight as new evidence emerges in the 2024 alleged gang-rape case involving Jane Doe. The investigation was revived after uncovering that the initial prosecutor lacked access to vital information. Jane Doe described being extremely intoxicated on the night in question, insisting that despite her earlier agreement to some activities, she did not consent to sex.
In Missouri, gardener Lina Sisco took an important step in preserving her family's heirloom Bird Egg beans by sending them to a seed-saving organization. Fifteen years later, her granddaughter learned that these beans were almost lost to their lineage. This tale highlights the critical importance of safeguarding heirloom seeds, with initiatives like community seed libraries playing a vital role in promoting agricultural diversity and sustainability.
Zmudowski State Beach, a treasured spot north of Monterey, owes its existence to Mary Zmudowski's generous donation in 1950. While facing threats of closure during California's 2011 budget crisis, the beach was rescued through dedicated political efforts. However, rising tides continue to erode its coastline, raising concerns about its future stability. Zmudowski's legacy underscores the importance of philanthropy in preserving public spaces amidst environmental challenges.
Martha L. Nickerson contributed 48 acres of her family farm in Massachusetts to the Attleboro Land Trust. This donation created the public Nickerson Walking Woods Preserve, enabling community access to nature. The land now features designated walking trails and natural habitats developed over the years. Research shows spending time in nature contributes positively to health and wellbeing.
For almost 30 years, Robert Shields meticulously documented every facet of his existence, utilizing six typewriters to ensure uniformity in his writing. His impressive archive comprises around 37.5 million words, which are set to remain sealed until 2057. Despite some psychologists labeling his journaling habits as counterproductive, his dedication to self-tracking is undeniable.
Abandoned fishing traps contribute significantly to the deaths of marine life, notably in Chesapeake Bay. A North Carolina initiative creatively transformed derelict traps into new oyster reefs, helping local ecosystems. The project, which included voluntary efforts from fishermen and students, removed several tons of ghost gear. The restoration aims to counteract the long-term decline of oyster populations in many regions.
AAP MP Sanjay Singh said on Wednesday that the party will not attend the INDIA bloc meeting on Election Commission-related issues, reiterating that AAP is no longer part of the opposition alliance. Singh said the party supports the impeachment motion against Chief Election Commissioner Gyanesh Kumar and raised allegations concerning the Special Intensive Revision (SIR), voter deletions and changes to electoral roll procedures.
The last US troops are scheduled to depart Iraq under a 2024 agreement between Baghdad and Washington. This withdrawal is celebrated by Iran-backed groups but raises concerns among others, particularly in the Kurdish region. The Kurdish government fears increased vulnerability after the removal of US air defense systems. Iran-aligned militias have celebrated the end of US military presence, claiming it signals full sovereignty for Iraq.
The US appears to have gained the upper hand in the battle over the Strait of Hormuz, with allied crude exports recovering to about 80% of prewar levels while Irans own exports have fallen to zero. But oil prices remain elevated because traders fear Tehran could escalate by attacking ports, pipelines or oilfields, while diesel and other refined products remain in short supply.
US troops are set to leave their last bases in Iraq, but Washington will retain significant economic leverage through Iraqs oil revenues, which remain held at the Federal Reserve Bank of New York. The arrangement supports financial stability and dollar access, but has also given the US influence over Baghdad and helped enforce pressure on Iran-linked financial networks.
Christa Pike, the only female inmate on death row in Tennessee, is set to be executed on September 30. The US Supreme Court has dismissed her urgent appeal without providing any reasoning. Convicted in 1995 for the murder of Colleen Slemmer, a fellow participant at Job Corps, Pike's impending execution marks a significant moment, as she would become the first woman executed in Tennessee since 1819.
A toddler at Children's World Early Learning Center in Canton Township pulled a loaded handgun from a backpack. A teacher acted swiftly to take the gun away and ensured no one was harmed during the incident. One parent was taken into custody, while the daycare has since disenrolled the family involved in the situation.
Gold and silver prices rebounded on the MCX on Wednesday, snapping a three-day losing streak as investors awaited US inflation data and the Federal Reserves policy cues. Expectations of higher interest rates continued to weigh on bullion demand. Traders are also tracking the US nonfarm payrolls report, while analysts advise caution amid market volatility and outline key support and resistance levels for gold and silver.
Women in Silicon Valleys tech space have created a hidden document cataloging alleged sexual predators in Silicon Valley. This private network aims to uncover influential men facing serious allegations, including assault and rape. Many victims grapple with the fear of backlash from these powerful individuals, which stifles reporting. The hacker house culture has faced intense criticism for enabling such unacceptable behavior, while the presence of prominent names complicates the fight for accoun
Medication prices in Iran have surged drastically due to US sanctions and ongoing conflict, creating significant hardships. Families are struggling to find essential medications, impacting their financial stability and well-being. Pharmaceutical imports have become increasingly difficult due to naval blockades and sanctions against airlines. The Iranian government is facing pressure to manage healthcare supplies amid concerns regarding shortages.
Mark Carney has gained prominence in 2026 through his confrontational approach towards Donald Trump over trade issues. His rising international profile has resulted in speculation regarding the potential for him to receive the Nobel Peace Prize. As the prize announcement date approaches, prediction markets indicate fluctuating chances for Carney's likelihood of winning. In addition to the Nobel discussions, he is also a contender for Time's Person of the Year.
In June, powerful earthquakes struck the coastal town of La Guaira, resulting in significant destruction and loss of life. Government-built apartment complexes collapsed due to inadequate construction standards and negligence toward geological risks. Experts indicated that the region's historical vulnerability to natural disasters was overlooked in housing projects. Officials have pledged to rebuild but face scrutiny regarding past mistakes in planning and execution.
During a recent press interaction, US President Donald Trump humorously referred to Google CEO Sundar Pichai as a 'monster'. Trump's playful comment emphasized how little people know about Pichai and stressed his name distinctly. In response to the compliment, Pichai made a light-hearted joke regarding the situation. This unexpected exchange between them captured attention and prompted reactions online. The moments showcased the humorous dynamics of their relationship during the engagement.
A new species of penguin, named Pygoscelis kerguelensis, has been identified in the southern Indian Ocean. Genetic studies revealed that gentoo penguins constitute four separate species instead of one. The southeastern gentoo, previously unknown, has evolved in isolation and adapted to specific environmental conditions. Conservation efforts are now needed as three of the four species face threats from climate change.
'It's now officially SI': Trump legalises name change, claims self policing would guide growth
At a recent White House luncheon, President Trump announced the reclassification of Artificial Intelligence to Super Intelligence. He stated that an official document would be signed to formalize this change. The meeting included major tech executives, focusing on collaboration with local communities for data centers. Trump emphasized the importance of safety and responsible development of Super Intelligence technologies.
The Indian Coast Guard conducted an operation on September 25, resulting in the seizure of significant drugs. Five Pakistani nationals were detained during this joint operation with Gujarat Anti-Terrorist Squad. The drugs, valued at over Rs 3,000 crore, were transported by an Iranian boat. This operation emphasized the commitment to preventing transnational drug trafficking in India's maritime areas.
Bangladesh's 2024 student-led uprising was fuelled by a demand that coveted government jobs be awarded on merit, not through quotas. In 2024, it was proposed to reinstate quotas, sparking student protests.
A 78-year-old man's body was found in a freezer at a Mumbai daycare centre, four years after his death. His daughter, who reportedly believed in rebirth, allegedly helped preserve his body, with the family paying 1.6 lakh monthly. Police are investigating the case, and the woman has appointed lawyers to represent her.
US President Donald Trump claimed that Iran would eventually give up amidst ongoing tensions over oil in the Strait of Hormuz. During a meeting with technology executives, Trump signed a joint commitment regarding advanced artificial intelligence safety. Iranian lawmakers responded by warning that no infrastructure would be safe if Iran's security was compromised. Meanwhile, US officials hinted at potential sanctions relief for Iran contingent on nuclear progress.
Oil prices surged following US President Donald Trump's clear stance of not easing sanctions on Iran. Meanwhile, Qatar voiced optimism for peace discussions between the US and Iran, focusing on finding shared interests. Additionally, September saw a notable rise in crude oil exports from the Middle East. In the US, crude and gasoline inventories increased last week, while distillate stocks fell.
The U.K. counterterrorism police released five suspects arrested near a U.S. air force base in England. Investigations revealed no explosives were found in the vans associated with the suspects. Concerns were raised about the suspects' potential links to foreign actors, including Iran and Russia. Local residents expressed fear and confusion following the incident and subsequent evacuation orders. Authorities have stated that the suspects remain under investigation with stringent conditions.
US Trade Representative Jamieson Greer emphasized the administration's focus on tariff caps during ongoing investigations. Excess industrial capacity, especially in China, remains a key concern for the US government. Greer indicated that trade agreements play a significant role in managing these issues effectively. The Group of 20 is also addressing China's production policies and seeking reforms through collaboration.
Ford's CEO Jim Farley urged careful consideration of how Chinese automakers enter the US market and warned against potential negative impacts. He cited Europe's experience as a cautionary example, indicating that it's already problematic there. Although Ford seeks partnerships with some Chinese companies for capital efficiency, it also plans to compete against them directly.
Popular South Korean artist Taemin has made the difficult choice to delay the North American segment of his World Tour. This postponement arises from complications related to visa processes that are impacting vital production and touring team members. Originally set for October in various U.S. cities, fans will be kept updated on rescheduling and refund protocols as they emerge.
AI borrowing and investing continues. Hyperscalers have issued around $250 billion of debt this year, and that total is expected to rise sharply next year, even as the cost of doing so also keeps increasing.
U.S. Bond Watch: A closely watched part of the US Treasury yield curve measuring the gap between yields on 2- and 10-year Treasury notes, seen as an indicator of economic expectations, was at a positive 36.4 basis points.
U.S Stock Market today: Traders now see about a 50-50 chance of quarter-point rate hike at the Fed's upcoming meeting in October, based on pricing of Fed funds futures contracts, down from nearly 70% earlier in the day.

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