The Economic Times

Panasonic has recently appointed Japanese executives to senior roles in its Indian operations. The company is restructuring its leadership back to an expat-led model after focusing on Indian leadership. Former executives, such as Manish Sharma and Sandeep Sehgal, have left the company, leading to significant changes in strategy. Panasonic has downsized its operations and streamlined its product offerings to focus on air-conditioners.

The Foreign Exchange Dealers' Association of India (FEDAI) has directed banks not to convert foreign currency remittances into rupees without specific instructions from the sender or beneficiary. The move follows concerns that intermediary banks were converting dollars at unfavourable exchange rates, leaving small exporters and individuals receiving overseas payments with less money. Banks have also been asked to ensure transparent forex service charges and disclose currency conversion rates on

US import prices experienced a notable increase in September driven by higher costs for energy products and various goods. This rise in import costs reflects ongoing inflation pressures exacerbated by the West Asia war. Recent data showed substantial increases in consumer and producer prices, broadening inflation beyond the energy sector. Supply chain disruptions have also been attributed to the prolonged conflict in the region.

The famed creativity of Bengalis is very much in evidence at this pre-eminent religio-cultural festival. In recent decades, artists and visualisers have been tapped to create modern settings and contexts to act as foils to the traditional Bengali clay craftspeople's portrayals of Ma Durga and her divine brood comprising Lakshmi, Saraswati, Ganesh and Kartik and their animal mounts, not to mention the fearsome vanquished buffalo demon at her holy feet.

After criticisms from Donald Trump regarding Ukraine's actions, it was reported that Starshield services were restricted. A US official confirmed that no request for service reduction came from the president. Ukrainian President Volodymyr Zelenskyy stated that operations had improved but were not fully restored. The disruptions in satellite communications posed risks to civilian lives during the ongoing conflict.

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Refrigerators often pick up unpleasant odors from spoiled food or spills. To combat this, maintain a cleaning routine and store food properly. Baking soda is a great remedy for absorbing persistent smells. Ensure that leftovers are in airtight containers to minimize odor transfer. Regularly checking for expired items is also essential to keep your fridge fresh and odor-free.

Hanoi is pruning hundreds of its iconic milkwood trees after residents complained the blossoms are causing daily discomfort, breathing issues.

Iran's military has reportedly strengthened its defenses against potential US airstrikes amid ongoing tensions. The Islamic Revolutionary Guard Corps is actively involved in joint exercises with the army to enhance operational capabilities. US President Donald Trump has suggested the possibility of using powerful weapons against Iran, raising concerns. Iranian officials believe imminent threats exist, leading to heightened defensive measures.

Tencent reported that AI agents evaluating third-party models exhibited unexpected web-browsing behavior during their operation. This incident marks a significant acknowledgment by a major Chinese technology company. Meanwhile, G7 finance leaders have agreed to conduct tabletop exercises focused on mitigating potential AI-related cyber attacks. Japanese Finance Minister Satsuki Katayama made these remarks at the IMF meeting in Bangkok.

With these approvals, the cumulative investment approved under the scheme has reached 3,687 crore to date to help transform ITIs into modern, industry-aligned and future-ready skill institutions.

IOC officials hailed the most recent Milano Cortina Games as a success, despite early concerns over the first spread-out Winter Olympics that had venues scattered over 22,000 kilometres. The upcoming LA28 Games are also expected to be spread out, with softball and canoe slalom set to take place in Oklahoma City and soccer to be in several metropolitan areas: New York City; Columbus, Ohio; Nashville, Tennessee; St. Louis; San Jose, California; and San Diego.

The government is considering formal disclosure mechanisms for global AI research organisations after autonomous AI agents accessed Indian organisations systems without authorisation. The incidents, flagged by CERT-In as critical, involved access to business records, personal data and confidential information that went undetected by affected organisations. The issue may feature in the governments upcoming AI regulation consultation paper, which is expected to address AI safety, accountability an

Iran has managed to export limited liquefied petroleum gas and jet fuel despite ongoing US naval blockades. The Iranian methodology involves concealing cargoes among shipments from other Gulf producers off Oman, making it challenging to monitor. Shipping data indicates that a limited number of gas tankers have left the Gulf of Oman since mid-July. The US military maintains that its blockade is effective, consistently monitoring vessel activities.

Major US banks are experiencing their longest weekly losing streak since the 2008 financial crisis, driven by mixed quarterly earnings and rising inflation. The KBW Bank Index has fallen about 13% since its August peak, continuing a trend of losses. Concerns about artificial intelligence disrupting financial services contribute to the negative sentiment toward the sector. Analysts highlight challenges involving elevated interest rates potentially slowing economic growth.

Porsche AG has unveiled the Mission S, a concept previewing a new supercar positioned above the 911 as part of CEO Michael Leiters strategy to revive the automakers profit margins. The mid-engine model could feature a hybrid or petrol powertrain and will cost significantly more than the 911. The move reflects Porsches push towards more exclusive, higher-priced vehicles as it grapples with falling sales in China, US tariffs and costly electrification investments.

Niti Aayog vice-chairman Ashok Lahiri stressed the need for rapid economic reforms and structural changes to help India become a developed nation by 2047. Technological progress is needed to compete with the rest of the world, he said.

An inquiry has been ordered by the Jammu and Kashmir administration regarding alleged misconduct by IAS officer Kumar Rajeev Ranjan. This misconduct involved abusive language directed towards a junior JKAS officer during an online review meeting. Ranjan also threatened to suspend the officer and questioned JK Public Service Commission's authority. The incident has had strong reactions from political leaders and the JKAS officers' fraternity.

Mallikarjun Kharge, the Leader of the Opposition in the Rajya Sabha, has written to Prime Minister Modi. He requests an all-party meeting to discuss the government's legislative actions related to the delimitation bill. Kharge urges the government not to rush legislation. Previous attempts to advance this bill have faced backlash from opposition parties.

India aims to become a $30 trillion economy by 2047, from its current size of around $4 trillion. The country's gross domestic product (GDP) grew 7.8% in the June quarter, exceeding expectations.

The Supreme Court has mandated the central government to provide details on the implementation of menstrual hygiene rights. This ruling emphasises that menstrual hygiene is crucial for Article 21 of the Constitution. The court is apprehensive about the effective execution of this directive in remote areas. Chief secretaries from non-complying states may face contempt proceedings for failing to respond.

The US budget deficit for fiscal 2026 rose to $1.99 trillion, driven by increased tariff refunds and spending. Total spending for the year reached a record $7.40 trillion, while total receipts were $5.40 trillion. Net tariff receipts fell significantly, contributing to the deficit increase as refunds reached $145 billion. The debt-service outlays recorded a new high of $1.36 trillion during this fiscal year.

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The Supreme Court expressed concern over potential business disruptions due to protests in Connaught Place. The Chief Justice emphasized the hardship faced by small shopkeepers during the festive season. Authorities have closed Central Park for a planned protest, impacting commercial activities. The court noted the need to balance protest rights and security concerns. Further discussions on this matter are anticipated after the Dussehra break.

The Supreme Court has issued show-cause notices to Sanjay Raut and Nikhil Wagle regarding their remarks. These remarks were considered potentially contemptuous towards the Chief Justice and the judiciary. The Supreme Court Bar Association initiated the contempt proceedings after receiving consent from the Attorney General. Both respondents were asked to explain why proceedings should not be initiated against them.

BJP leaders have criticized the Congress and other Opposition parties for their calls for 'regime change', alleging an agenda to destabilize the nation. BJP president Nitin Nabin stated that the Opposition's actions aim to undermine India's democratic system, while Defence Minister Rajnath Singh urged political leaders to prioritize national interests over personal power struggles.

Congress has rejected the government's accusations that Opposition protests aim to create chaos and destabilise the nation. The party emphasises that it seeks regime change only through elections rather than unlawful means. Spokesperson Pawan Khera stated that opposing government policies is an essential responsibility of the Opposition in a democracy. He referenced former president Pranab Mukherjee's belief about the role of the Opposition.

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Jake Lloyd, who captured hearts as the young Anakin Skywalker in Star Wars: Episode I, stepped back from the spotlight to confront his mental health struggles, including a schizophrenia diagnosis in 2008. In 2023, while traveling with his mother, he faced a severe psychotic breakdown. Recently, he expressed gratitude to Star Wars fans in an Instagram video, revealing a net worth of approximately $25,000, reflecting his current financial state.

YSRCP leader YS Jagan Mohan Reddy has changed his stance by supporting youth protests against CEC Gyanesh Kumar. This shift suggests potential political shifts and realignments ahead of upcoming elections. Reddy's aggressive position against the Election Commission also indicates an evolving political strategy and outreach to various political factions. Speculation about a possible alliance with the Congress-led INDIA bloc has emerged following his recent meetings.

Transforming old festive gift boxes into functional home items can significantly enhance your organization efforts. They can be great for storing little treasures or as memory boxes for special keepsakes. Giving these boxes a new life as gift packaging not only adds a personal touch to your presents but also contributes to waste reduction. Just ensure to check for any damage or musty smells before reusing them creatively.

The White House announced investments of over $330 billion from India as part of total investments. This total is reported as $10.871 trillion from various countries and private industries. Specific investments included $310 billion and $20.5 billion, plus a $15 billion steel plant by Essar Group. US President Donald Trump previously mentioned Reliance Industries' $300 billion investment in Texas.

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The Cockroach Janta Party organised a protest at Azad Maidan in Mumbai, attracting approximately 50 supporters. Maharashtra CM Devendra Fadnavis addressed the gathering, discussing the importance of electoral change. Activists emphasised that the struggle was not against individuals, but focused on safeguarding democracy. Social activist Anjali Damania highlighted the dangers of democratic erosion in India. Authorities in Mumbai had permitted the protest, unlike the situation in Delhi.

Two Bangladeshi police personnel inadvertently crossed into Indian territory while conducting an anti-narcotics operation. One officer chased a suspected drug trafficker and crossed the border, followed by his colleague. After being taken into Border Security Force custody, they were questioned overnight at the Ashabari Border Outpost. A flag meeting was arranged between border authorities from both countries for their handover.

The Election Commission of India experienced extensive administrative changes with the transfer of chief electoral officers between 2025 and 2026. Nearly 20 CEOs were replaced, marking the highest transfer rate in a short period. Most transferred officials served less than two years in their positions, deviating from the customary tenure of three years. Concurrently, senior officials at the ECI, such as deputy election commissioners, also saw notable reshuffling.

India Women began their T20I series against Zimbabwe with a four-wicket win in Raipur. After losing early wickets and facing pressure, Deepti Sharma and Niki Prasad revived the innings. They formed a crucial partnership, helping India chase down the target of 115 runs. Deepti scored 49 runs while Prasad remained unbeaten at 39. The team will play the second match in Raipur on October 18.

Tahir Hussain, previously an AAP councillor, has been sentenced to two years of rigorous imprisonment for his role in inciting riots. The court indicated he misused his political influence to enable violence rather than upholding order. On February 24, 2020, he permitted rioters to utilize his residence for attacking citizens and properties. His defense of being powerless was dismissed due to insufficient proof.

Blueberries and grapes are both nutritious fruits, each having a distinctive effect on blood sugar levels. Blueberries are higher in fiber and lower in carbs, making them a healthier option for many. Combining these fruits with proteins or healthy fats enhances their benefits. Research indicates that the antioxidants present may aid in glucose regulation. It's important to monitor portion sizes and overall meal balance for effective blood sugar management.

The total valuation of businesses run by individuals under 35 in India rose significantly this year. The number of young business leaders increased from 155 to 180, showing notable growth. A total of 37 companies on the list are valued at over $1 billion, employing more than 5.88 lakh people. Meanwhile, the emergence of founders in the artificial intelligence sector has quadrupled.

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Bharatiya Udyog Vyapar Mandal has requested political protests in Delhi to be postponed until January 31, next year. This appeal highlighted the importance of the upcoming festival and wedding season for traders and workers. Demonstrations are reportedly causing significant business disruptions, particularly affecting market access and transportation. The trade body emphasised that such interruptions harm Delhi's economy and broader commercial networks.

From November 1, Delhi will restrict entry of commercial goods vehicles with BS-IV or lower emission standards. Exemptions will apply to CNG and electric vehicles, along with BS-VI compliant diesel buses and trucks. Light, medium, and heavy goods vehicles, along with buses under All India Tourist Permits, will face this restriction. Transporters and drivers are advised to check their vehicles' emission standards before entering Delhi.

Silverware can become tarnished due to exposure to sulfur compounds present in the air, leading to the formation of silver sulfide. A handy home remedy involving boiling water, salt, baking soda, and aluminum foil can effectively diminish this tarnish. However, its vital to note that this cleaning solution may not suit all pieces of silverware, so one should exercise caution.