The Economic Times

$1.5 trillion will change hands as India's 50-plus pass on wealth: Bajaj AMC's Ganesh Mohan

A Rafale Marine fighter jet landed on India's indigenous aircraft carrier INS Vikrant for the first time on October 29, completing the landing on its maiden attempt. The trial marks a key milestone in the Navy's efforts to integrate the aircraft, acquired under India's Rs 63,000 crore deal with France for 26 naval fighters.

As businesses expand, founders face important choices about how to finance their next stage of growth. From debt and equity funding to private investment and public listings, each route comes with different costs, expectations and implications for ownership. The Economic Times Founders Growth Retreat 2026 will bring these considerations into focus.

North Korea's Lazarus Group is suspected of being behind a $6.36 billion cryptocurrency theft from Binance. Blockchain investigators have linked the attack to its associated unit TraderTraitor. The operation involved exploiting an Ethereum wallet authorisation feature, gaining control of a Binance hot wallet and transferring digital assets across 10 blockchains.

When Should You Add PMS to Your Portfolio? Naveen Kulkarni Explains

Everyone wants a permanent bull market in their portfolio; global investing can help: DevinaMehra

Alaska is bracing for heavy snowfall, with up to 15 inches forecast in parts of the state under a winter storm warning from NWS Anchorage. NWS Fairbanks has also issued separate winter weather advisories, warning of additional snowfall and hazardous driving conditions along key highway routes. Visit 511.alaska.gov or call 5 1 1 for the latest road conditions, the advisory read.

A businessman has approached the Madras High Court seeking an investigation into Yogesh Sharma's background. He claims Sharma, known as Saurav Das, has Nepali roots that need to be probed. The petitioner alleges that Sharma has abused the judiciary and must therefore face consequences for his actions. Additionally, he requests the blocking of Sharma's social media accounts for derogatory statements against judges.

Binance crypto hack news: Binance suffered a massive $6.3 billion cryptocurrency security breach, with investigators linking the attack to North Korea's TraderTraitor hacking group. Around $2.7 billion worth of stolen assets has reportedly been frozen. Here's where the stolen money went, which cryptocurrencies were affected and whether Binance customers risk losing their Bitcoin.

In a fresh initiative, John Santora has rolled out a dress code for employees who work from home one day per week. This strategic change aims to revitalize WeWork's culture in the wake of financial struggles. Emphasizing professionalism alongside employee flexibility, Santora reflects on addressing casual dress codes during past visits. His leadership focus since taking on the CEO role has been on operational stability and enhanced management practices.

As Wealth Grows, Investment Needs Change: Vikas Khemani

During a recent farm auction, Renay Davis stumbled upon an old cast-iron fireplace cover, which she artfully reimagined as a captivating backsplash in her kitchen. This resourceful decision allowed her to sidestep the hefty costs of conventional tiles while also contributing to the upcycling phenomenon in home renovations. Her project exemplifies the rising admiration for antique materials, revealing a strong shift toward incorporating distinctive salvaged pieces in modern living spaces.

TMC MP Abhishek Banerjee has cautioned police officers against allegedly framing party workers in fabricated cases. West Bengal Chief Minister Suvendu Adhikari responded by claiming Banerjee is incoherent due to a sodium-potassium imbalance. Adhikari also alleged that an aide of Banerjee has provided information against him. Banerjee demanded the arrest of members of a Durga Puja committee following a tragic stampede.

Akhilesh Yadav criticized Yogi Adityanath for securing a win in Gorakhpur at the expense of Varanasi. He alleged that the BJP's victories resulted from manipulation, leading to losses in several regions. Yadav congratulated SP candidates for their successful campaigns, highlighting their commitment to democracy and social justice. He invoked historical figures to emphasize the importance of people's voice in governance.

Some midterm election contests in the United States are expected to face delays from recounts and legal challenges. The outcomes may hinge on a few tightly contested races that could affect congressional control. Historical precedents show that disputes can result in lengthy legal battles in both the House and Senate. Both parties may file lawsuits to challenge results and delay seating candidates.

An 11-year-old boy and his 40-year-old father died after falling from the 23rd floor of their apartment at Mahagun Mywoods Society in Greater Noida. The incident occurred early Friday morning as the family was preparing for a trip to Khatu Shyam Temple. Police have launched an investigation into the circumstances surrounding the tragedy.

Texas Democrats are proactively contesting every major election as they seek to end a long-standing Republican dominance. The state has become a battleground with rising Latino voter turnout and unrest among conservative women. Disturbing issues involving Attorney General Ken Paxton have led to doubts among Republican voters. Democrats are focusing on affordability while Republicans delve into culture wars.

The Times Internet Half Marathon in Hyderabad wrapped up on a high note, uniting a diverse group of runners across multiple distance categories. With robust support from various partners, the event celebrated fitness and camaraderie. Next on the agenda, the series promises exciting races in Bengaluru, Mumbai, and Delhi, keeping the spirit of running alive.

Sir Tom Jones health update: Sir Tom Jones is alive but has postponed multiple US tour dates after contracting a bad case of the flu. The veteran singer apologised to fans as he rescheduled concerts in Los Angeles, San Diego and California, following medical advice to rest and recover. Tom Jones shared the shows would be rescheduled for early next month on 3 and 4 November, respectively

Why Dunzo Failed: Co-founder Mukund Jha on the Two Lessons He Learnt

The Thomas Viaduct, completed in 1835, stands as a testament to innovation in American railway engineering. Built with 63,000 tons of granite featuring a curved design, this bridge overcame early doubts about its strength. It was recognized as a National Historic Landmark in 1964, emphasizing its cultural importance. Today, it exemplifies how historic structures can be preserved while supporting contemporary transportation needs.

A recently declassified US intelligence report has revealed a satellite image that confirms China's reusable spaceplane is currently orbiting. This significant development has sparked concerns about China's expanding capabilities in space and the potential military implications. The spacecraft is noted for its ability to interact with smaller objects during missions, amplifying worries about the competitive landscape of space exploration, as tensions between nations continue to rise.

N Biren Singh emphasizes the need for the BJP government in Manipur to regain public confidence before elections. He criticizes the current government's handling of ongoing violence and issues related to illegal immigration. Singh highlights a strong public demand for his return as chief minister and expresses concerns over the party's ability to connect with voters.

Israel held elections, resulting in Prime Minister Netanyahu's bloc securing 53 seats, while the opposition won 48. The historic performance of Arab-led parties, which captured 19 seats, adds complexity to coalition talks. President Isaac Herzog will determine who is tasked with forming the new government amidst these negotiations. Allegations of electoral misconduct were raised by Netanyahu and his supporters against Arab-led parties.

In Burgundy, France, engineers have made strides in sustainable construction by incorporating about 17,000 tons of foundry sand waste into a highway project. This initiative sought to assess the safety and efficiency of using recycled materials in roadwork. Over two years of observation, the highway demonstrated commendable structural integrity with no adverse environmental effects, emphasizing a notable shift towards utilizing industrial waste and easing landfill burdens for sustainable practic

The Supreme Court addressed concerns over criminal cases following relationship failures, emphasizing consent during the relationship. It asserted that retrospective regret cannot redefine consensual acts as rape due to relationship dissolution. The court highlighted the importance of distinguishing between genuine cases of coercion and consensual interactions. It pointed out that misuse of rape allegations undermines the serious nature of the crime.

Dattatraya Suryakant Kumbhar, a farm labourer, was found hanging at his home in Rani Ankulga village. His suicide is linked to alleged harassment from four credit firms regarding loan repayments. The Shirur Anantpal police have registered a case based on his wife's complaint. Officials from Equitas Bank, Shriram Finance, Ring loan app, and HDB Financial Services are implicated.

Prime Minister Narendra Modi released the 24th instalment of the PM-KISAN scheme on Friday, transferring over Rs 18,690 crore to more than 9.34 crore farmers across India. In Odisha, 35.38 lakh beneficiaries received financial assistance as Chief Minister Mohan Charan Majhi joined the programme virtually from Bhubaneswar. Majhi also spoke about crop losses caused by recent floods and assured affected farmers of assistance.

Aam Aadmi Party's Political Affairs Committee met to discuss candidates for the upcoming Punjab assembly elections. Punjab Chief Minister Bhagwant Singh Mann provided an update on the process for finalizing candidates. The first list of candidates is expected to be released on October 31st after further discussions. Meanwhile, the Election Commission of India reviewed poll preparedness across districts to ensure fair elections.

A helicopter operated by Trans Bharat Aviation is missing after taking off from Badrinath towards Dehradun. Local media sources indicate that the helicopter is suspected to have crashed near Chayi village. Search operations are hampered by poor visibility and persistent rainfall in the area. Two additional helicopters have been deployed to assist in locating the wreckage. The incident involves six individuals who were on board the missing helicopter.

Despite numerous rounds of counseling, approximately 2,000 MBBS seats in India still remain empty. High tuition fees are deterring potential candidates from enrolling, especially in states like Karnataka and Tamil Nadu, where significant vacancies persist. Authorities are contemplating lowering eligibility cut-offs to fill these spots, prompting discussions on the accessibility of medical education and its future ramifications for students.

NCLAT overturned the insolvency proceedings against Polycab India Limited, which originated from a claim by Asier Metals. The tribunal found unresolved disputes regarding payments and alleged operational dues amounting to Rs 2.78 crore. NCLAT noted that effective communication existed between the two parties detailing ongoing disagreements over credit notes and charges. Additionally, Polycab disputed the creditor's demand, indicating significant unresolved financial matters.

In a tragic incident, Sandeep, a 35-year-old driver, lost his life following a heated argument over an extra serving of chhole with food vendor Chintu Gupta. The disagreement escalated, resulting in Gupta allegedly stabbing Sandeep. Despite being rushed to two different hospitals, Sandeep succumbed to his injuries. The vendor has been apprehended and charged with murder.

A chartered accountant has warned that biggets threat to middle class in the next few year is not layoffs, market crash or inflation. He has said that excessive lifestyle EMIs could become a major financial threat to India's middle class. From smartphones and holidays to personal loans, rising monthly repayments can leave households vulnerable to layoffs, market crashes and inflation.

India's banks are facing increased scrutiny from the Reserve Bank of India regarding rising cyberattacks and AI risks. Recent incidents include data leaks and unauthorized transfers from customers' accounts at major lenders. The RBI is pushing banks to investigate vulnerabilities, particularly in their application programming interfaces. Cybersecurity agency recently offered training to officials from numerous financial institutions.

Anybody who wants to come: Rahul Gandhi postpones CEC impeachment programme; challenges centre

Amit Shah addressed party workers in Uttar Pradesh, criticizing the Samajwadi Party for violence against Ram devotees. He highlighted the BJP's role in constructing the Ram temple as a key achievement. Shah reaffirmed the commitment to implementing the Uniform Civil Code if the BJP is re-elected. This address reflects the party's strategies and priorities ahead of upcoming elections.

Silver is a small-cap stock: S Naren on why chasing the 216% rally hurt investors

IIT Guwahati has signed an MoU with Tata Electronics to establish a Centre of Excellence for semiconductor education. This collaboration aims to develop educational programmes that align with industry needs and create skilled professionals. Additionally, the partnership will provide hands-on training opportunities for students at Tata Electronics. It includes developing relevant course content and training faculty from various institutions.

Ram Gopal Yadav of the Samajwadi Party recently accused officials of manipulating voter lists for the upcoming Uttar Pradesh elections. He alleged that some officials are colluding with BJP workers to delete votes of SP supporters. The claims include a target of deleting around 10,000 SP votes from each assembly constituency. Uttar Pradesh's Chief Electoral Officer has requested specific details to conduct an inquiry into these allegations.