The Economic Times

Sara Blakely faced a common wardrobe dilemma, but instead of settling for frustration, she transformed her pantyhose into a game-changing product. This moment of innovation sparked the launch of Spanx, where she secured a patent while juggling a full-time job. With unwavering determination, she pitched her idea to department store buyers, paving her way to becoming a self-made billionaire.

Federal Reserve Rate Impact on India: Federal Reserve rate hike is set to intensify pressure on Indias rupee, bond yields, inflation and markets. With the US Fed expected to raise rates by 25 basis points, higher US Treasury yields, a stronger dollar and surging crude oil prices could deepen Indias market pressure. The RBI faces rising challenges from currency weakness, imported inflation, liquidity risks and volatility.

Vijay Sethupathis 2024 Tamil crime thriller Maharaja is set to receive a Hollywood remake after attracting international attention, particularly following its strong performance in China. Producer Sudhan Sundaram confirmed that a Hollywood agency has approached the makers for the remake rights and is working to develop the project with an A-list actor. Interstellar star Matthew McConaughey has been linked to the project by social media speculation, but his casting has not been confirmed.

US electric vehicle projects and jobs face setbacks due to policy shifts. Automakers canceled billions in investments and thousands of jobs were lost. Many affected states supported Donald Trump in the 2024 election. This situation contrasts with China and Europe's EV market growth. The industry now focuses on energy storage batteries and gasoline vehicles.

The US is considering imposing tariffs on significant purchasers of Russian energy, which puts India's considerable imports of Russian crude at risk of sanctions. This development unfolds as India engages in negotiations for a bilateral trade agreement with the US. The looming tariffs threaten to disrupt global trade, adversely affecting Indian exporters while India continues to seek cost-effective energy solutions for its population.

In 1983, Steve Jobs buried an iconic Apple Lisa mouse in a time capsule meant to capture the spirit of personal computing. For several years, the capsule's whereabouts remained shrouded in mystery due to construction work. It wasn't until 2013 that a National Geographic crew rediscovered the Aspen Time Tube, unveiling treasures like the Lisa mouse, emphasizing the lasting impact of innovative technology in our lives.

The Delhi High Court declined an urgent listing for a Karni Sena protest plea. The Sena sought permission for a demonstration against reservation policies and UGC regulations. Previously, the court directed police to consider a fresh application for a revised date. Police had rejected an earlier application citing BRICS Summit security arrangements. The Sena's plea will now be listed through the regular procedural course.

Dhiraj Bommadevara secured a World Cup gold, joining Dola Banerjee after nineteen years. His victory boosts confidence for Asian Games-bound archers aiming for more medals. India's archery team faces a transition with new faces and experienced guidance. The team targets a double-digit medal tally, including individual recurve medals. Olympic qualification opportunities are also a significant focus for the upcoming years.

A rare 1983 Macintosh prototype, which Steve Jobs ordered destroyed, recently sold for $150,075. This early computer featured an unreliable floppy disk drive called Twiggy which caused many issues. Engineers secretly switched to a more durable Sony drive, hiding the transition from Jobs. Two of these prototypes survived and were later restored to working order. Their survival and subsequent auction highlight a significant, hidden chapter of Apple's history.

An Apple-1 computer, dating back to 1976, was uncovered among a pile of old electronics at a recycling facility. This extraordinary gem sold for a remarkable price at auction. The recycling company is now on the lookout for the anonymous woman who donated this treasure, emphasizing the hidden value that may lie within electronic waste.

The Uttarakhand governments Deen Dayal Upadhyay Grah Aawas Vikas Yojana offers loan-linked financial assistance to eligible residents who construct or upgrade homestays. Beneficiaries in hilly areas can receive a subsidy of up to Rs 15 lakh, while those in plain areas can get up to Rs 7.50 lakh. The scheme also specifies eligibility, documents and the application process.

Ralph Lauren began his business with a modest loan and a bold idea for neckties. This initial venture evolved into a vast lifestyle and fashion brand over decades. His success stemmed from selling an aspirational image, not just apparel. Lauren's net worth grew from millions to billions, showcasing significant financial achievement. His story offers valuable lessons for aspiring entrepreneurs building from humble beginnings.

Aerial news reporter Eliana Moreno died in a helicopter crash. The NewsChopper4 was covering a separate collision when it went down. Moreno was known for her work as Eli in the Heli for years. She had been flying in news choppers since 2010. Federal investigators are examining the circumstances of the fatal accident.

The European Union will employ all available tools to address its trade imbalance with China. Ursula von der Leyen stated the deficit has reached a critical tipping point. Europe faces deindustrialisation, which is a significant concern for the bloc. The EU seeks tangible results from ongoing dialogue with China by October. Additionally, the bloc will establish a new corporation for critical raw materials.

A Mangaluru doctor's divorce, granted on the ground of cruelty after her husband admitted in WhatsApp messages to hitting her, has been upheld by the Karnataka High Court. While confirming the cruelty finding, the court reduced the wife's permanent alimony from Rs 2 crore to Rs 50 lakh, holding that alimony is meant to secure a reasonable standard of living and not to equalise the wealth of both spouses, especially since the wife is a financially independent, practising doctor.

Union Agriculture Minister Shivraj Singh Chouhan will visit Bihar on Wednesday, September 16. He will conduct an aerial survey of flood-affected areas and interact with farmers. A high-level meeting will review relief and rescue operations with officials. Chouhan will also visit relief camps and assess ongoing work in Munger and Bhagalpur. The minister will meet flood victims before departing for Patna.

Finance Minister Nirmala Sitharaman said India is better placed economically despite global challenges, citing tax reforms aimed at reducing litigation and simplifying compliance. Speaking at ITRAFs Bengaluru conference, she urged industry and tax professionals to propose quantified, evidence-based reforms beyond demands for concessions, and called for independent research to strengthen public policy.

The Supreme Court will hear a government appeal on Friday. This appeal challenges a High Court judgment striking down Section 147A. This section clarifies the role of the Jurisdictional Assessing Officer in reassessment proceedings. The dispute centers on the validity of reassessment notices issued previously. The government mandated a technology-driven and faceless assessment process.

Hulk Hogan's former Clearwater Beach mansion was listed for $10.989 million in January 2026, months after his death, despite having been purchased for about $3.33 million in 2012. The Gulf-front property features five bedrooms, 5.5 bathrooms, a pool, spa and private elevator. Its asking price was later reduced, providing a notable look at the property's changing valuation.

IRDAI has imposed a 1 crore penalty on Canara HSBC Life Insurance Company over the sale of a deferred annuity policy to an 88-year-old customer who had been banking with Canara Bank for 31 years. The policy required 2 lakh annual premiums for four years and named his 57-year-old daughter as the annuitant. IRDAI found several lapses in the sale and verification process. The insurer refunded 4.09 lakh to the customer.

NBC News helicopter crashes during live coverage of Los Angeles bus crash, three killed

The Calcutta High Court has set aside a fire department order to vacate two floors. These floors house the office of TMC leader Abhishek Banerjee on Camac Street. The court directed the department to reconsider the TMC's reply and inspect the premises again. If further fire safety shortcomings are found, the TMC will be informed to take corrective action.

India will soon introduce a merchant discount rate on UPI payments. This fee applies to transactions exceeding two thousand rupees with merchants. Some small merchants and rural areas will be excluded from this new charge. This move aims to make the UPI system more self-sustainable and expand its reach. Consumers are not expected to directly pay these new transaction fees.

In an astonishing twist of fate, researchers found tortoises linked to a lineage believed to have vanished 150 years ago. Genetic testing revealed descendants of the Floreana giant tortoise, reviving hopes for this extinct group. Scientists have now introduced 158 young tortoises back to Floreana Island, preserving the genetic heritage of these magnificent giants.

Sanju Samson acknowledges external career commentary and intense competition for top batting positions. He emphasizes focusing on his own preparation and performance to overcome selection challenges. Samson understands leadership's difficult decisions, prioritizing team success over individual popularity. He believes in a fearless mindset and backing teammates to achieve team goals. The wicketkeeper-batter aims for consistency in his process and preparation for T20 matches.

A veteran pilot suggests audio from a fatal helicopter crash indicates engine failure. The pilot heard warning sounds and engine rev downs before the crash. Investigators are examining the circumstances surrounding the deadly incident in Chatsworth. The helicopter was hovering when the suspected engine failure occurred. Federal authorities are now leading the official investigation into the accident.

Dhakshineswar Suresh navigates the professional tennis tour after college. He learns consistency and self-care are crucial for success. The young player focuses on physical fitness and mental stability. His immediate goal is breaking into the top 250 rankings. Long-term ambition includes reaching the top 50 players globally.

The CBIC will conduct outreach programs to encourage EMI scheme adoption. Data and documentation requirements for the scheme have been substantially reduced. This aims to improve cash flow management for eligible manufacturers. The scheme offers deferred Customs duty payment for imported goods. These changes seek to boost domestic manufacturing and ease business operations.

India and Canada are working to conclude their Comprehensive Economic Partnership Agreement negotiations this year. The fourth round of talks is currently underway, with two chapters already finalized. Discussions are progressing across all remaining chapters of the proposed agreement. Bilateral trade aims to expand significantly to fifty billion dollars by the year 2030. Both nations are seeking substantial progress given the tight timeline for this agreement.

Army Chief Gen Dhiraj Seth is visiting Russia for three days starting Wednesday. He will discuss military cooperation and training with Russian officials. Gen Seth will also pay respects at the Tomb of the Unknown Soldier. The visit aims to strengthen the enduring defence relationship between India and Russia. He will also visit a military academy in St. Petersburg.

Indian composer Joi Barua is merging space science with performing arts. His project, Cosmic Rhapsody, connects NASA's astrophysics research with orchestral music. The project will premiere at the Hollywood Bowl in July 2027. It combines live music, animation, and pop songs for an immersive experience. This collaboration highlights the fusion of science and imagination for young audiences.

Amitabh Bachchan has submitted a building plan for a new dharamshala. This facility will be named after his father, Harivansh Rai Bachchan. The proposed dharamshala will offer accommodation and organized facilities to visiting devotees. Ayodhya Development Authority is reviewing the submitted building plan for approval. This initiative contributes to the ongoing development of Ayodhya as a pilgrimage site.

Maharashtra FDA Commissioner Tukaram Mundhe has cited a survey showing substantial differences between procurement prices and printed MRPs of hospital consumables. An IV infusion set purchased for Rs 11.05 reportedly carried an MRP of Rs 325, while syringes and catheters also showed wide gaps. Mundhe has sought a review and clearer guidelines on permissible differences between trade prices and declared MRPs.

In a progressive move, the Customs department plans to ramp up its deployment of artificial intelligence and real-time analytics to limit direct taxpayer engagement. This initiative seeks to foster a unified, dependable ecosystem. Support for small businesses through deferred duty payment schemes will be implemented, paving the way for a near-touchless, paperless operational environment, with stronger technology adoption anticipated in the coming decade.

Tendenthoi Devi Haobijam prepares for her second Asian Games with enhanced confidence. Consistent training with teammates has fostered better understanding and crew development. International exposure in Australia and Europe provided valuable competitive experience. Support from the Inspire Institute of Sport bolstered her overall athletic growth. She aims to leverage this preparation for a strong performance in the upcoming Games.

Taylor Swift made a surprise appearance at the Emmys in a comedy sketch. She delivered a cryptic phrase which fans are now analyzing for hidden meanings. The words Saccharide, Aries, From the vineyard, North or south have sparked intense fan theories. Swift pre-recorded the segment to support her friend Mariska Hargitay. This allowed her to attend Travis Kelce's football game simultaneously.

An NBC News helicopter crashed and burst into flames in Los Angeles. The tragic incident occurred while television crews were covering a separate collision nearby. At least three people were killed in the helicopter crash, with one person hospitalized. The helicopter was covering an earlier accident involving an SUV and an MTA bus. The National Transportation Safety Board and Federal Aviation Administration will investigate the crash.

China's Defence Minister Dong Jun urged nations to avoid provocative acts and historical revisionism. He spoke at the Beijing Xiangshan Forum amid regional tensions over Taiwan and the South China Sea. Dong called for a multipolar world marked by partnership rather than alliances. He warned against actions that seek personal gain or benefit particular cliques. The forum occurs before President Xi Jinping's expected visit to the United States.

Sensex and Nifty rebounded around 0.5% on Wednesday after Tuesday

Several supporting acts have withdrawn from Ed Sheeran's tour after Macklemore's removal. These artists expressed solidarity with Macklemore and support for Palestine's people. Irish acts and Finneas cited their understanding of colonialism and oppression. Macklemore was dropped after making pro-Palestinian statements during a concert. Sheeran stated the promoter made the decision, not him.

In a significant legal move, Fortis Healthcare has appealed to the Supreme Court against a Delhi High Court decision requiring a forensic audit of its dealings with IHH Healthcare. This case is part of larger litigation concerning Daiichi Sankyo Company. IHH Healthcare, based in Malaysia, maintains a controlling interest in Fortis. Notably, Axis Bank is also gearing up to challenge the High Court's ruling.

Tamil Nadu Chief Minister C Joseph Vijay's public meetings in London have been cancelled. The TVK party cited public safety and police directives for the cancellations. Supporters are asked to avoid gathering at his hotel or travel routes. Hundreds of fans were disappointed after a planned event at The Shard was called off. The Chief Minister's delegation is in the UK to attract investments for Tamil Nadu.

CCPA fined a restaurant in Connaught Place Rs 10,000 for automatically adding an Rs 80 service charge to a customer's food bill and applying GST on that amount, ruling that a later refund cannot undo a consent violation that occurs at the time of billing, and directing the restaurant to fix its billing software and file a compliance report.