The Economic Times

Sachin Pilot addressed speculation regarding Captain Amarinder Singh's potential return to the Congress party. Singh has recently expressed dissatisfaction with the BJP and indicated challenges he is facing. Pilot acknowledged Singh's contributions to Punjab and his stature in politics. While there is speculation regarding Singh's future, no direct discussions have occurred between them. The political landscape in Punjab may continue to change as circumstances evolve.

I am genius: US President Trump flaunts math skills during Midterm address in Arizona

Rahul Gandhi, Priyanka meet Ankita Bhandaris parents at India Gate protest

Ankita Bhandaris father warns of 'nationwide protest' if Dushyant Gautam made governor

The International Monetary Fund has expressed readiness to support Sri Lanka in its economic recovery efforts. Sri Lanka's macroeconomic situation shows significant improvement, with strong fiscal performance and nearly complete debt restructuring. A staff-level agreement was recently reached to unlock $345 million in financing for the country. The IMF will also engage with Sri Lankan authorities for additional financial arrangements and policy advice.

The US military is considering strike plans that include deploying the GBU-43/B bomb against Iranian sites. This massive bomb may target energy infrastructure and nuclear locations if combat operations resume. While there are discussions surrounding its effectiveness, officials remain uncertain regarding achieving strategic objectives. The potential use of this bomb indicates a significant escalation in military actions. Analysts are closely monitoring the developments concerning this serious es

A 101-year-old man from Chinas Zhejiang province has drawn attention for his love of Coca-Cola, Sprite and fresh seafood, alongside a daily routine that begins at 4 am. Lu Shizeng stretches in bed before getting up, eats dinner early and says he rarely catches a cold. His lifestyle has prompted curiosity about longevity.

The Supreme Court will likely hear petitions challenging the India's voter role revision amid recent protests. Various opposition parties and youth-led organizations are demanding accountability from the Election Commission. Allegations have surfaced regarding the removal of millions of eligible voters from the electoral rolls during the Special Intensive Revision of Electoral Rolls. The Supreme Court is expected to address protestor detentions and restrictions in Delhi.

Delhi Police has told the Supreme Court that it has complied with the courts directives on security arrangements during the October 10 protests, including lifting metro restrictions, managing traffic diversions and reviewing mobile internet curbs. The police also denied illegal detentions and said law and order arrangements remain under continuous monitoring.

Andhra Pradesh and Telangana are forecast to receive rain over the next five days as the northeast monsoon and a surface circulation influence weather conditions. The IMD has warned of isolated heavy rain, lightning and winds reaching 60 kmph in parts of Andhra Pradesh, while Telangana has issued yellow alerts for several districts, including Hyderabad and Khammam.

The Allahabad High Court has directed the Uttar Pradesh government and the State Election Commission to complete gram panchayat elections within three months, making it clear that the polls will be held under the existing reservation framework, including a 27% quota for Other Backward Classes (OBCs).

Punjab and Chandigarh are under an IMD orange alert for Thursday, October 15, as thunderstorms, lightning, gusty winds and isolated hailstorms are forecast. A yellow alert has been issued for Friday. The weather warning comes as harvested paddy lies exposed at grain markets across Punjab, raising concerns about crop damage. Conditions are expected to improve over the weekend.

Punjab Band Today News: Punjab Bandh on October 15 will be observed from 6 am to 5 pm following the killing of anti-drug activist Parvinder Singh Jhota in Mansa. Check the latest updates on bank operations, school closures, bus and train services, markets and emergency services.

Jio Platforms is gearing up for its initial public offering by pursuing a strategy focused solely on fresh shares. This means that no current investors will be liquidating their holdings during the IPO. The goal is to utilize the funds, estimated at around 27,500 crore, to alleviate the debt burden of Reliance Jio Infocomm.

Union Commerce and Industry Minister Piyush Goyal has urged Canadian businesses to utilize India's manufacturing capabilities. He highlighted the potential for production and exports to global markets beyond India's domestic market. Goyal emphasized India's preferential trade agreements that enhance market access to approximately USD 85 trillion of global GDP. He encouraged bilateral commercial engagements ahead of finalizing the Comprehensive Economic Partnership Agreement.

Union Home Secretary Govind Mohan has apologized unconditionally to the Supreme Court concerning a contempt notice issued. He clarified that the October 9 restrictions aimed to maintain peace amid potential protests in Delhi. Mohan emphasized that the internet shutdown was implemented to address public order concerns. The suspension of services was limited to cellular internet and did not affect Wi-Fi connections.

Parents of Ankita Bhandari protested the appointment of Dushyant Kumar Gautam as Sikkim governor, alleging his involvement in her murder. They issued a 24-hour ultimatum to the government to cancel his appointment. During the protest, police detained the parents along with several Congress leaders before releasing them hours later. Ankita's family and activists continue to demand an investigation into Gautam's alleged VIP connections.

Asia's central banks are advised to potentially tighten monetary policy in response to rising inflation expectations. Inflation has been impacted by an oil shock from the ongoing Middle East war, raising near-term price expectations. The International Monetary Fund emphasizes the need for clear communication from central banks on maintaining price stability. While Asia's economic growth continues to exceed the global average, risks remain that could impact fiscal stability.

UBS is currently evaluating various options for relocating its headquarters out of Switzerland. This consideration arises if lawmakers implement stricter capital requirements for the bank. Potential strategies include acquiring a US financial institution or merging with a European rival. The possibilities also extend to selling itself to a US bank, according to sources. If these plans move forward, UBS will adapt significantly to the changing regulatory environment.

Brent crude futures declined $1.50, or 1.41%, to $104.55 a barrel, while US West Texas Intermediate (WTI) crude futures dropped $1.02, or 1.07%, to $94.07. Both benchmarks reversed gains made in the previous session.

Delhi-NCR is likely to see rain, thunderstorms and lightning on Thursday, October 15, according to the India Meteorological Department (IMD). Winds may reach 40-50 kmph, with gusts up to 60 kmph. Rain is also forecast on October 16, while drier conditions are expected to return from October 17.

SK Hynix is attempting to obtain approval from the US to export chipmaking equipment to China. This export is intended to facilitate an increase in production at its Dalian facility. Solidigm, the US arm of SK Hynix, is considering a factory in the US contingent on this approval. The US is enforcing restrictions on such exports to maintain technological superiority.

Pune-Mumbai Expressway traffic update: Pune-Mumbai Expressway and old Mumbai-Pune highway are expected to see heavy traffic until October 20 as Navratri pilgrims and Dasara holiday travellers head out. Highway traffic police have urged commuters to consider trains and public transport, while heavy vehicles face restrictions on key stretches. Check road closure timings, diversion routes and traffic arrangements before travelling.

Police arrested 19-year-old Alexandros Paporakis for allegedly planning a mass shooting at a Hindu Temple. Investigations revealed he communicated threats and shared a detailed document about the attack. Law enforcement recovered a rifle, ammunition, and tactical equipment in his residence. The FBI noted the extremist ideologies expressed in his writings targeting individuals of South Asian heritage. The prompt action of local police contributed to preventing potential violence in the community.

US stock Market today: Much of Wall Streets pain on Wednesday was due to drops for companies riding the AI frenzy to huge profit growth and stellar stock gains.

San Francisco Federal Reserve President Mary Daly indicated that further adjustments to interest rates might be necessary to address inflation. She emphasized that the Fed does not feel urgency for immediate action in the upcoming meeting. Daly highlighted the stability of the labor market, which offers some flexibility for monetary policy decisions. Financial markets are reflecting a range of expectations regarding potential rate hikes in the near term.

The head of the International Monetary Fund highlights the urgent need to address global debt levels. Rising interest rates and inflation have created burdens on low-income countries, with many unable to finance their needs. The median developing country is paying significantly more in interest compared to developed nations, affecting government budgets. Job creation and investment initiatives are crucial for the upcoming workforce, especially as artificial intelligence advances.

Delhi Police detained several opposition leaders and Ankita Bhandari's parents during a protest at India Gate. Congress leaders criticized the police action as an attack on democratic freedoms and justice. The protestors demanded the cancellation of Dushyant Gautam's recent appointment as Sikkim Governor. Family members of Ankita Bhandari expressed their discontent over political appointments amidst ongoing investigations. The situation reflects ongoing tensions surrounding the quest for justice

Zetwerk Manufacturing is planning to raise

A woman reported being sexually assaulted at a fraternity party near the University of Chicago campus. Police are investigating the allegations during a time of heightened awareness about campus sexual violence. The perpetrator allegedly fled after being confronted by another party attendee, and university officials are seeking more information. The fraternity involved stated that no members participated in the incident or encouraged the behavior.

Cornell University President Michael Kotlikoff confronted faculty frustration regarding his administration's handling of a serious sexual assault allegation. During a Faculty Senate meeting, faculty members expressed significant anger and questioned Kotlikoff's management of the incident. Faculty are considering a no-confidence resolution to signal their dissatisfaction with administration transparency and reforms. As the administration has faced a lawsuit related to the case, many faculty urge

Canara Bank experienced an 8.4% year-on-year increase in net profit, reaching

Katie Zacharia, the new White House press secretary, is facing questions about her legal credentials and background. Although she claims to be a lawyer, there is no evidence she has passed any bar exam. The White House has defended her, stating she is uniquely qualified for her role. Concerns have been raised about her misrepresentation of legal status which may violate California law.

US War Secretary Pete Hegseth emphasized that the United States must act to prevent Iran's nuclear ambitions. Protests erupted during his speech at the Association of the US Army meeting, with demonstrators expressing their dissatisfaction. Hegseth responded to hecklers in the audience, which were eventually removed by security personnel. In related events, US Central Command reported the destruction of an Iranian vessel in the Gulf of Oman.

The Indian rupee closed at 95.15 against the US dollar, marking the fourth consecutive day of gains. It reached an intra-day peak of 94.77, which is a one-month high. This appreciation was aided by central bank measures and the unwinding of long dollar positions. Despite the gains, strong dollar demand from importers limited its daily increase. Overall, the rupee's rise presents opportunities for companies engaged in purchasing.

Houthi rebels reportedly targeted the headquarters of Saudi Aramco in Dhahran, inflicting damage on upper floors. Civil defense reports indicate that debris from intercepted strikes caused injuries near Riyadh. The Houthis assert these attacks are retaliation against Saudi aggression in Yemen. Efforts for a ceasefire have gained traction with regional powers seeking negotiations. Rising casualties in Yemen highlight the ongoing humanitarian crisis amid renewed hostilities.

Securities and Exchange Board of India is proposing changes to initial public offering regulations for small and medium enterprises. The changes aim to reduce the overall costs associated with raising capital through IPOs. Proposed improvements include lowering the minimum application amount and easing underwriting requirements. Companies with certain market capitalisation thresholds could benefit from these new regulations.

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Insurance companies and NPS funds have decreased their combined investments in Indian equities by 45%. They invested

Jio Platforms has filed the red herring prospectus for its initial public offering, aiming to raise

Wisconsin plane crash: The six-seat, single-engine plane was traveling from Kenosha to Menomonie when it crashed shortly before 10 p.m. on Tuesday in a wooded area near Mirror Lake State Park, not far from the popular tourist destination of Wisconsin Dells.

Jio Platforms is experiencing a rise in grey market premium ahead of its initial public offering. The IPO is set to open on October 21 and will close on October 23. Reliance Industries has established a price band between

Sebi has imposed interim restrictions on Rajesh Exports and its promoter Rajesh Mehta for alleged financial misrepresentation. The regulator found issues regarding the reported consolidated revenue of

Farmers are likely to decrease rabi sowing due to inadequate rainfall and reduced soil moisture levels. This situation could lead to lower yields of critical crops such as wheat, pulses, and oilseeds. Many reservoirs are under pressure, with over half storing less than last year. State and central governments are encouraging farmers to choose crops based on water availability, especially in water-scarce regions.