The Economic Times

NDA, consisting of BJP and JD(S), has achieved a significant victory in Karnataka's Legislative Council elections. The alliance won all four available seats, reflecting overwhelming support from educated professionals and voters. Former CM BS Yediyurappa congratulated the winning candidates, signaling a strong mandate against the ruling Congress party. JD(S) youth president Nikhil Kumar emphasized the result as a precursor for future elections.

A 17-year-old Mexican student, ngela Karime Venegas Hernndez, won gold at the International Science and Invention Fair 2026 in Indonesia for developing Vortex Tech, a prototype that uses low-frequency sound waves to extinguish small flames. Developed over a year with her uncles guidance, the device went through five versions and remains experimental, not a replacement for certified fire extinguishers.

Mumbai Indians enters the WPL 2027 auction with a limited budget and no overseas slots available. The team aims to strengthen its Indian player options while retaining a strong core of experienced players. The auction takes place in Kochi, focusing on acquiring six new Indian signings. Mumbai has released several players to provide opportunities for new talent. The franchise must balance budget constraints with team requirements to defend their title.

Protests at Jamia Millia Islamia have persisted for 17 days as students demand elections for the student union. The university announced elections would occur within 15 days after the constitution's approval, but students seek a definitive date. Security concerns have led to online classes, escalating tensions among students and officials. Scuffles broke out between students and paramilitary personnel amid intensified security measures on campus.

Congress has raised concerns about growing economic inequality and the lack of employment opportunities under the Modi government. The party emphasized that rising inflation and household debt are impacting middle-class families significantly. Claims of economic development are challenged by the reality that benefits are not reaching ordinary citizens. Congress accused the government of manipulating data regarding economic conditions and unemployment rates.

In a significant move, India and the US are enhancing their defence relationship through a comprehensive 10-year agreement aimed at fostering technological advancements and military integration. Defence Minister Rajnath Singh, alongside US Secretary of War Pete Hegseth, engaged in dialogue about the security landscape of the Indo-Pacific region and marked the anniversary of their partnership.

The Jan Suraaj Party opened its account in the Bihar Legislative Council elections, with Suresh Prasad Rai defeating sitting Congress MLC Madan Mohan Jha by 324 votes in the Darbhanga Teachers constituency. The results also saw wins for the BJP, JD(U), RJD and an independent candidate in other constituencies, while counting continued for some seats.

WPL 2027 Auction RCB Players List: Check the complete squad, players bought, auction prices, base prices and remaining purse. Royal Challengers Bengaluru enters the WPL 2027 auction with Rs 1.15 crore remaining in their purse. They aim to fill five slots, including two for overseas players, to enhance their squad depth. The auction is set to take place on October 28 in Kochi with 146 players available. Key retained players include Smriti Mandhana and Ellyse Perry among others.

Several domestic players are showcasing impressive performances in India's women's T20 cricket, aiming for national selection. Humairaa Kaazi scored 92 runs against Jharkhand, reinforcing her case for a spot on the team. Meanwhile, Vrinda Dinesh and Deeya Yadav are also drawing attention with their strong statistics in recent competitions. The selectors are evaluating these players as the team seeks to rebuild after the T20 World Cup.

Finn Allen highlighted the importance of lessons learned from India's impressive performance in the third T20 match. He emphasized the value of reviewing their strategies after a tough defeat. New Zealand is preparing for the upcoming matches and the T20 World Cup in a few years. Allen mentioned the challenges of playing in fast-paced games with quick turnovers.

A Gurugram woman accused an Uber driver of demanding an inflated fare after her airport ride. The driver reportedly locked her luggage in the car until she paid the higher fare he requested. Following the confrontation, the driver allegedly followed her to her home, verbally abusing and threatening her. She raised concerns about Uber's safety support being unavailable during the incident.

Five franchises will participate in a mini-auction to address their squad needs within a limited budget. UP Warriorz has the largest remaining amount of Rs 3.75 crore, followed by other teams with lower amounts. Teams face constraints with only 20 domestic and seven overseas slots available for recruitment. The auction aims to strengthen squads before the fifth Women's Premier League season starts.

Indian IT stocks fell sharply on Wednsday as renewed optimism around the global AI trade weighed on sentiment. Strong earnings from SK Hynix and Anthropic

Neeraj Yadav, a prominent Indian para-athlete, was found dead at his flat with suspicions of suicide. His death is under investigation, and it remains unclear what led to it. Yadav was suspended from competition due to a positive doping test, which may have affected him emotionally. He had achieved significant success at the Asian Para Games, winning three gold medals.

The SIT probing the September 13 road rage incident involving biker Shivani Chauhan has concluded that accused Kalyan Baisla deliberately rammed his car into her motorcycle. Police said the charges, including attempt to murder, are likely to remain in the chargesheet, which is expected to be filed in court within a week.

The Union Cabinet is preparing to approve the Container Manufacturing Assistance Scheme to enhance domestic shipping container production. This initiative aims to reduce India's reliance on container imports while bolstering the local manufacturing ecosystem. The scheme is expected to create 3,000 direct jobs and over 50,000 indirect jobs in related industries. Additionally, the government aims to establish a competitive industry capable of meeting national shipping demands.

Brij Bhushan Sharan Singh has been afforded one last opportunity to respond to an appeal challenging his acquittal related to sexual harassment claims made by women wrestlers. The Rouse Avenue court has confirmed the next hearing for November 20 at the request of Singh's counsel.

The Madras High Court ruled that non-Hindus cannot enter Agamic temples without respecting traditional customs. This decision follows a public interest litigation aimed at enforcing Temple Entry Authorisation Act. The ruling emphasizes the importance of religious sanctity in Agamic temple practices. Political figures' actions in sacred spaces drew the court's criticism, highlighting the need for adherence to longstanding customs.

Cabinet Secretary T V Somanathan highlighted issues with bureaucratic efficiency at a recent performance review meeting. He presented a list of problematic behaviors affecting government productivity using cartoons. Somanathan emphasized the necessity of timely decision-making and better communication between ministries. Another topic addressed was the improper usage of ration cards by railway employees.

The BJP retained three Uttar Pradesh Legislative Council seats during a recent polling event. Allegations surfaced regarding an assault on a Samajwadi Party candidate in Agra, stirring controversy. In the Allahabad-Jhansi seat, SP candidate Mansingh Yadav led by a significant margin after multiple counting rounds. Disputes regarding vote counting occurred in the Gorakhpur-Faizabad seat due to discrepancies found in a ballot box.

Delhi's latest initiative introduces an online liquor booking app, letting users select their favorite brands and make payments seamlessly. To streamline the process, residents have 48 hours to pick up their orders from one of the 208 designated shops. While home delivery isnt an option, the app aims to eliminate long queues and enhance transparency.

By 2026, approximately 18,300 Agniveers will finish their service in the armed forces, marking a pivotal transition. To ease their shift into civilian life, numerous states have initiated job quotas specifically for ex-Agniveers across different uniformed services and police departments. These initiatives stem from the Agnipath scheme launched in June 2022, which focuses on enlisting younger individuals in military roles.

The Indian government has clarified that brokerage paid by overseas clients may qualify as an export service. This could help foreign investors avoid the 18% goods and services tax on brokerage fees. Analysts suggest this clarification is sentimentally positive amid significant foreign outflows from Indian stocks. There is ongoing speculation regarding potential cuts in capital gains tax ahead of the federal budget.

Union Minister Ashwini Vaishnaw has hit back at criticism of India's mobile phone manufacturing strategy with a blunt Cope harder remark. Citing figures from the government's Production Linked Incentive (PLI) scheme, he said the government paid Rs 19,000 crore in incentives and collected Rs 25,000 crore in direct taxes, alongside Rs 3 lakh crore in GST. His response followed a Bloomberg Opinion video questioning India's iPhone manufacturing model, its dependence on imported components and the co

Subros shares surged up to 10% after securing a Rs 1,225 crore HVAC supply contract from Maruti Suzuki for two vehicle models over approximately seven years. The award comes as the stock remains down around 45% over the past year.

Over 15,000 liquor bottles worth 75 lakh destroyed by Jamnagar Police using bulldozer

GAIL India is investing 6 billion rupees to build a heating unit at its Ratnagiri LNG terminal. This facility is expected to be completed by June 2027, enabling full operational capacity. Currently, the terminal is running at about 50% capacity without an operational heating unit. A captive power plant is also under construction to generate heat for this LNG facility.

Cyclonic Storm Arnab is expected to intensify as it approaches the Andhra Pradesh coast on October 28. The Union Ministry of Civil Aviation has organized a meeting to ensure aviation safety during this period. Flights to and from coastal regions, including Visakhapatnam, Vijayawada, and Rajahmundry, are facing significant disruptions. Airlines have been advised to assist passengers and adhere to operational guidelines amid adverse weather.

United Breweries shares surged by 14.44% as the company announced a staggering 191% jump in net profit, now at Rs 135 crore for the September quarter of FY27. Additionally, net sales increased by 24% to reach Rs 2,537 crore, driven by strong premium beer sales. However, despite this impressive performance, the stock has seen a decline of about 30% over the previous year.

Jio Platforms made a blockbuster stock market debut, listing at a 21.3% premium over its IPO price of Rs 1,119 at Rs 1,358 on the BSE. With a market capitalisation of around Rs 12.5 lakh crore, it became Indias second-most valuable listed company after parent Reliance Industries, overtaking Bharti Airtel. The debut also made Jio Indias largest listed telecom company, placing it ahead of major players such as TCS, SBI and Bajaj Finance.

The Tamil Nadu government has revised autorickshaw fares across the state for the first time in 13 years. Under the new rates notified on October 27, the minimum fare is Rs 50 for the first 1.8 km, followed by Rs 25 per additional kilometre. The revised structure also sets higher night fares, ghat charges and waiting fees.

Indian government bonds experienced a significant decline after a prior rally due to rising oil prices. Brent crude oil prices increased following concerns over supply disruptions in Saudi Arabia. The US 10-year Treasury yield also rose, affecting the attractiveness of Indian debt. Markets are anticipating the Federal Reserve's policy decision and rate outlook, impacting investor sentiment.

India and Mexico have signed the Terms of Reference to initiate negotiations on a Preferential Trade Agreement. This agreement aims to enhance bilateral trade and investment opportunities between the two countries. Key negotiating areas include market access, customs procedures, and trade facilitation measures. Both delegations discussed organizing a Mexican business mission to India in early 2027.

At the Jio Platforms IPO listing ceremony, Mukesh Ambani's children, Isha and Anant, shared their family's legacy. Isha recalled their father's early days at Reliance while emphasizing Jio's significant financial achievements in just ten years. Anant expressed gratitude for Jio's supporters and compared the IPO to a religious ritual.

Mark your calendars! The Women's Premier League auction takes place today at the Grand Hyatt Kochi, Kerala, starting at 5:30 PM IST. Fans can follow the live action on the JioHotstar app or watch through the Sony Sports Network. A total of 146 players are in the race for only 27 slots across five franchises. The exhilarating season is set to launch on January 14, concluding on February 7.

Larsen & Toubro (L&T) shares rose sharply on Wednesday after the company reported a 33% year-on-year rise in Q2 FY27 net profit to Rs 5,202 crore. Jefferies retained its Buy rating but cut the target price to Rs 4,700, citing weaker-than-expected margins and factoring in lower estimates.

Jio Platforms made a strong stock market debut, listing at a 21.3% premium after its Rs 30,200 crore IPO was fully subscribed within 95 minutes. Managing Director Akash Ambani outlined Jios next phase of growth, focusing on democratising artificial intelligence, cloud computing, space connectivity and emerging digital technologies to transform lives across India.

Jio Platforms listing at BSE: 'Will create value for decades to come', says Akash Ambani

Falling debris from drones has struck Novomoskovsk in Russia, leading to damages in various industrial infrastructures. Regional officials reported that both apartment buildings and private homes suffered as a result. The city, known for chemical production, is located about 200 km south of Moscow. Health and safety officials have been sent to assess the situation following the incidents.

A Delhi government accountant is in the ICU after being stabbed repeatedly while sleeping beside his daughter at home in Vasundhara. Police allege that his wife and her gym trainer, with whom she was reportedly in a relationship, conspired to kill him after the affair came to light and a dispute arose over moving house. Both were arrested and sent to judicial custody.

The Delhi High Court stayed the recovery of Rs 5,000 in costs from Director of Prosecution Maqsood Ahmeds salary, observing that personal financial liability would prima facie be improper without a specific finding of malfeasance or misfeasance. The court also flagged the perennial shortage of public prosecutors in Delhi, noting its impact on the disposal of criminal trials and bail matters. The matter will be heard next on February 3, 2027.

Rahul Gandhi has raised concerns about the treatment of Indian businesses by the BJP-led government. He claims that the ongoing disputes within Tata Sons reflect broader issues in business leadership. Noel Tata has objected to N Chandrasekaran's reappointment, citing procedural irregularities and lack of transparency. He questions the legitimacy of the resolution passed by the Tata Sons board amid unresolved objections.

Sowpika took a stand against a man suspected of secretly recording her while traveling on a Bengaluru Metro train. She captured her emotional response and displayed her fully covered clothing during this unsettling experience. After the encounter, the accused reportedly fled when the train came to a stop. Sowpika wasted no time in alerting metro authorities and has lodged a police complaint.