The Economic Times

Opposition party YSRCP has submitted a fresh application to the Supreme Court concerning the Andhra Pradesh local body elections. The application requests the formation of a committee to investigate alleged election irregularities and prevent unopposed victories. YSRCP claims that violence hindered numerous candidates from filing their nominations, and they seek an extension for the nomination deadline. Additionally, they have requested the release of CCTV footage from nomination centers.

The IMD said the storm was likely to intensify further into a very severe cyclonic storm within the next 12 hours and move northwestwards after the evening of October 27. It is expected to cross the Andhra Pradesh and Yanam coasts between Bapatla and Visakhapatnam, close to Yanam, by the forenoon of October 28, with maximum sustained wind speed of 115-125 kmph, gusting to 140 kmph.

Anthropic has seen significant revenue growth, reaching $16.29 billion in the first half of 2026. OpenAI continues to expand its business model while generating substantial revenues from its consumer and enterprise offerings. Both companies face financial pressures as they invest heavily in infrastructure and computing power. The competition between Anthropic and OpenAI is primarily driven by their customer acquisition strategies and operational efficiencies.

The Ministry of Statistics and Programme Implementation will conduct the Annual Survey of Unincorporated Sector Enterprises from April 2027. New questions will address gender-specific constraints faced by female entrepreneurs for the first time. Additionally, the survey will capture the investment in fixed assets over an extended period. The survey period has shifted to align with the financial year for better data utility.

United Flight 1681 hijack: United Flight 1681 returned to Las Vegas after a flight attendant reportedly spotted a passenger texting about hijacking the aircraft, raising concerns. The security scare prompted a cockpit lockdown and an overnight delay after the crew reached its duty-time limit. Here's what happened aboard the Newark-bound flight.

Benjamin Netanyahu's upcoming election holds significant implications for Israel's policy on Iran. Depending on the election's result, the country's military posture towards regional adversaries could drastically change. Gadi Eisenkot might keep applying pressure on Iran, but a new leadership could prefer a diplomatic stance. This fluid political atmosphere presents opportunities for potential negotiations, underscoring the nuanced relationship between military action and foreign diplomacy in th

Asin Thottumkal and Rahul Sharma are raising their daughter, Arin Rayn Sharma, without any screens at home. They have chosen to fill their residence with an extensive collection of books meant for higher classes. Arin is reported to have the ability to understand and speak around twelve different languages. The couple believes that their reading-focused environment is beneficial for their child's development.

Amid the billions even trillions at stake, worries about an AI boom are looming in the background along with concerns about keeping the technology under human control.

Paytm Q2 Results: Fintech major Paytm on Monday reported 976% year-on-year (YoY) growth in its consolidated net profit at Rs 226 crore. The same stood at Rs 21 crore in the year-ago quarter. Revenue from operations in the reporting period rose 28% YoY to Rs 2,648 crore.

Assam Chief Minister Himanta Biswa Sarma has flagged off an export of agarwood from Guwahati to Dubai. MJI Group dispatched 123 kilograms of agarwood chips produced in Golaghat district for this initiative. The State Government aims to secure recognition for the airport to facilitate direct agarwood exports. Additionally, a task force has been formed to acknowledge agarwood cultivation formally.

China's artificial intelligence stock market has faced a steep decline, losing around $480 billion in market value. Many leading technology stocks that previously soared have now lost significant value in recent months. As investor enthusiasm wanes, concerns over future profits and valuations are becoming pronounced. Additionally, export restrictions on technology could further complicate the sector's recovery. Policymakers in China now face challenges in bolstering investor confidence while pro

The Registrar General of India has announced that Census 2027 data will not be made public, emphasizing the confidentiality guaranteed by the Census Act of 1948. This census is notably being conducted digitally, allowing for swift data submission. The process comprises two main phases: the initial house listing followed by the actual population count. The government has pledged a substantial financial investment for this extensive headcount endeavor.

The High Court deferred the hearing on actor Imran Khan's petition challenging the notice directing him to leave India by October 28. The matter has been kept for hearing on Tuesday at 3 pm.

Inspector General of Police (IGP) Md Ali Hossain Fakir, also chairman of Community Bank Bangladesh, made these remarks at a programme in Dhaka's Chawkbazar to launch the bank's Islamic banking services.

The Election Commission of India filed a counter affidavit in the Supreme Court regarding Chief Election Commissioner Gyanesh Kumar. It stated that decisions on the Special Intensive Revision of electoral rolls were unanimous among members. Allegations that Kumar acted unilaterally are based solely on a news report, according to the affidavit.

Indian Overseas Bank plans to raise $500 million through external commercial borrowings in two tranches by December. The lender reported a 56% rise in Q2 net profit to Rs 1,912 crore, alongside stronger credit growth and improved asset quality.

Nearly 110 sugar mills have begun operations for the 2026-27 sugar marketing year in several states. The Indian Sugar & Bio-Energy Manufacturers Association stated that the industry is prepared for sugarcane crushing. This readiness helps meet the expected domestic sugar demand of 280-285 lakh tonne annually. The government has also extended duty-free import windows to maintain sugar availability during the festive period.

Indias smallcap sell-off is intensifying as margin trading facility (MTF) positions decline from record levels. With nearly Rs 72,000 crore exposed to smallcaps, forced liquidations could deepen losses, although SEBI safeguards may limit systemic risks.

Infrastructure projects worth over Rs 150 crore have seen a cumulative cost overrun of approximately Rs 3,21,976 crore. About 1,853 infrastructure projects across 17 ministries were monitored, showing total costs revised to Rs 37,55,803 crore. The Ministry of Road Transport & Highways leads with the most ongoing projects and costs. Approximately 47.21 percent of the total project cost has been spent so far, indicating steady progress.

Rahul Gandhi will launch the Congress party's campaign in Sangrur on November 4, targeting AAP's chief minister Bhagat Mann. The Congress aims to present a unified front after facing internal conflicts and leadership tussles. Pargat Singh, recently appointed leadership, will steer the partys efforts in the upcoming Punjab assembly elections. Congress leaders have been engaging to emphasize party unity amidst their electoral challenge.

Introducing its first hotel in Shimla, Kerten Hospitality, an innovative Irish lifestyle brand, has officially launched in India. The company's ambitious expansion plan aims for management of 5000 to 7000 hotel keys over the next five years. Operating in 12 countries, Kerten is devoted to lifestyle-driven hospitality and engaging with local communities.

School holiday news: Schools across India are generally set to operate as usual on October 27, 2026. Local authorities may declare holidays based on weather conditions, especially in southern coastal states. Odisha and Andhra Pradesh are particularly monitoring forecasts due to cyclone concerns and heavy rain alerts. Parents and students should check with schools for specific instructions or changes related to closures.

Anthropic filed for an initial public offering, reflecting rapid revenue growth amid significant financial losses. The company reported a 1,300% revenue increase, reaching $16.3 billion in the first half of 2026. However, it also encountered a net loss exceeding $80 billion due to high costs in AI development. Risks associated with AI technology are increasingly becoming a concern for potential investors.

Verizon now expects to add between 1.1 million and 1.2 million postpaid phone subscribers this year compared with earlier projections of 750,000 to 1 million.

Outward foreign direct investment from India reached $4.34 billion in September, which is a 14% increase from last year. However, this figure reflects a 37% decrease from the previous month. Equity commitments decreased by 20% compared to August, totaling $3.26 billion. Loans to overseas subsidiaries rose slightly, reaching $549 million in September. Several companies, including Sun Pharma, led the equity outflows with significant investments.

The Keralam Senior Citizens (Care and Protection of Rights) Bill, 2026, was passed unanimously by the state Assembly after Chief Minister V D Satheesan accepted several amendments moved by members of both the ruling and opposition benches.

The Supreme Court dismissed review petitions from gaming companies challenging state bans on online gaming. The court upheld the validity of laws enacted by Tamil Nadu and Karnataka to regulate games for stakes. It found no merit in arguments asserting that skill-based games should not be banned. States can intervene where online gaming poses public order issues and addiction concerns arise.

Drew McIntyre is prioritizing his Hollywood career over an immediate return to the wrestling ring, with acting projects including Highlander, The Last Druidand Agent of Shadowskeeping him busy. McIntyre has also revealed that Oscar-winning actor Russell Crowe has become a mentor to him, offering guidance as he explores opportunities in the film industry.

Thomas Markle, 82, is the father of the Duchess of Sussex Meghan Markle. She has been estranged from her father since 2018. Muliple videos, photos and bold magazines have been founf from her father's home.

Fast food fans rejoice! McDonald's is bringing back the beloved McRib sandwich on October 27 across various U.S. cities, including Los Angeles, Chicago, Miami, and Atlanta. Known for its tangy barbecue sauce and unique boneless pork patty, this classic has gained a loyal following since its 1981 debut. To find out if it's available at your local restaurant, be sure to check the McDonald's app.

Nicki Minaj became an owner of footwear brand LCI in 2024, launching a limited-edition sneaker collection with five styles in 11 colourways. Celebrity Net Worth estimates her fortune at $150 million, built through music, touring, endorsements and business ventures.

The Andaman and Nicobar administration has ordered all schools to remain closed for two days. This decision comes as Cyclone Arnab approaches the Bay of Bengal and intensifies. Residents are urged to follow safety guidelines and avoid coastal activities during this period. Fisherfolk are also advised not to venture into the sea due to rough conditions.

Chris Brown was sentenced to eight months in prison, which was suspended for 12 months. He pleaded guilty to affray after attacking a producer with a tequila bottle at Tape nightclub. The judge emphasized that Brown's fame would not influence the court's decision in his case. Brown has faced legal issues in the past, including convictions and financial troubles.

Addressing a press conference in Shimla, Lamba targeted the Election Commission and the Centre, demanding the resignation of Chief Election Commissioner Gyanesh Kumar, action against him and the cancellation of his decisions. She also demanded a halt to the SIR exercise and a return to ballot papers instead of Electronic Voting Machines (EVMs).

McDonald's McRib sandwich was first introduced in Kansas City in 1981. Subsequently, in 1982, McDonald's McRib was made available across the United States of America.

Anthropic's IPO filing marks a significant step toward becoming the first public listing for a frontier AI lab. The company has raised a total of $3.5 billion in various funding rounds leading up to its IPO. Significant investments have come from major companies including Amazon.com and Alphabet's Google. Anthropic is currently projecting revenue of approximately $190 billion to $200 billion in 2028.

The Chinese Communist Party has initiated a crucial plenary session aimed at securing President Xi Jinping's fourth term. The session is set to finalize leadership changes ahead of next year's Congress, which occurs every five years. Xi Jinping delivered a report highlighting the need for stringent party self-governance while emphasizing his successes, including an extensive anti-corruption campaign.

The alleged audio clip claimed that Jarange Patil was paid Rs 500 crore by Shiv Sena MP Shrikant Shinde, son of Deputy Chief Minister Eknath Shinde, at the behest of the Bharatiya Janata Party (BJP) to weaken the movement for Maratha reservation ahead of the 2024 Assembly elections. The activist has claimed that he never received any money and had demanded an investigation into the case.

DMK leader Anbil Mahesh Poyyamozhi was arrested following the dismissal of his bail petition by the Madras High Court. The former School Education Minister is accused of a Rs 100 crore scam involving private school managements. Allegations include collecting money from schools under the pretense of a party fund for approvals. The government has categorically opposed his bail, citing serious financial irregularities.

An Illinois man named Kenneth Card claims Texas Roadhouse served him cheaper sirloin instead of the $30 filet mignon he ordered on three visits. An eight-ounce sirloin was listed at around $20, while the filet mignon cost approximately $30. A restaurant spokesperson confirmed that one mix-up had been corrected at the Texas Roadhouse restaurant.

Chief Minister DK Shivakumar has appealed to sugar mill proprietors to tackle the persistent disputes over cane pricing. He stressed that fostering goodwill from factories is essential to assist farmers grappling with rising cultivation expenses. The state government has committed to sharing some of the financial pressures related to cane support alongside mill partnerships. Farmers nationwide are grappling with similar issues regarding sugar prices and production challenges.