The Economic Times
Elections 2026National / The Economic Times
Karnataka Chief Minister DK Shivakumar voiced strong support for Rahul Gandhi and Priyanka Gandhi Vadra after their detention. The Congress leaders were protesting against alleged voter roll manipulation by the Bharatiya Janata Party. Shivakumar criticized the BJP for undermining democratic values and urged fair elections in the country. The INDIA bloc has demanded accountability from the Election Commission regarding the electoral roll revision.
Kalyan Jewellers reported over 26% consolidated revenue growth in Q2 FY27, supported by strong Indian operations and approximately 20% same-store sales growth. International revenue rose 18%, while its lifestyle brand Candere grew 64%. The company expanded its showroom network, reduced non-GML debt to zero and expressed optimism about the festive and wedding season.
Rifleman V Teja from Odisha's Rayagada district died after being shot during operational duties in Nagaland. He was almost 31 years old and was due to marry on December 10. Teja was a brave soldier from the 15th Assam Rifles, and his death has caused deep sorrow. Both Odisha Chief Minister Mohan Charan Majhi and Leader of Opposition Naveen Patnaik expressed their condolences.
Fake note: Three men, a BSc graduate, a law student and a BA final year student, were arrested in Greater Noida with 2,549 fake Rs 100 notes. Police say the gang learnt printing from Instagram reels, avoided Rs 500 notes fearing stricter checks, and had been running the racket for over a year.
Max Verstappen achieved victory at the Malaysia Grand Prix but faces challenges at the upcoming Singapore Grand Prix. Rain and thunderstorms are predicted to affect both the qualifying and the main race in Singapore. Verstappen has struggled at the Marina Bay Street Circuit, where overtaking is notoriously difficult. Meanwhile, Lewis Hamilton performed well in Malaysia and is hopeful for a strong showing in Singapore.
The FAA is proposing to streamline regulations for commercial space launches and re-entries. These changes aim to enable at least 1,000 launches annually by 2030. The public can comment on proposed changes until November 4. This initiative follows a memo signed by Donald Trump to boost US commercial space activities. The FAA emphasizes maintaining high safety standards while promoting growth in the space launch sector.
Four students tragically lost their lives while attempting to clean a water tank at the Gurukulam. A fifth student, identified as Rudra, survived and is receiving medical treatment. The incident occurred when students detected a foul smell and went inside the tank. Authorities have initiated a magisterial inquiry to determine the cause and circumstances surrounding the incident.
Weather today October 7: India Meteorological Department has issued thunderstorm and lightning warnings for several states today, October 7. Delhi-NCR stays partly cloudy with temperatures between 22C and 34C. Haryana, Bihar, Uttar Pradesh and West Bengal are all on alert for thunderstorms, while Himachal Pradesh and Uttarakhand could see rain turning into snowfall. Rajasthan is the only state with no warning, staying completely dry today.
The US Justice Department has issued a directive to its employees regarding terminology for artificial intelligence. The memo instructs using 'super intelligence' in place of 'artificial intelligence' during communications. This change follows an executive order from Trump concerning federal agencies and their references to the technology.
US soldiers stationed in Okinawa have been placed under a month-long curfew and alcohol ban. This decision follows the alleged murder of a local woman by Lance Corporal Devin Jacob Ballard. Police reported that the victim, Anna Yagi, died of asphyxiation in a hotel room. Protests have emerged in response to this incident, raising concerns about US military presence.
Nicolas Ghesquiere showcased a spring/summer 2027 collection that highlights the impact of climate change on fashion. The collection features lightweight fabrics and streamlined silhouettes to adapt to warmer temperatures. Ghesquiere emphasized the complexity of creating light garments while maintaining functionality and relevance. Celebrity guests, including Felix and Brigitte Macron, attended the show, which featured minimalist designs with limited monogram use.
Captain Smit Machchhar sustained serious injuries during an attack by co-pilot Hammam al-Hammami in the cockpit. He suffered a depressed skull fracture that required emergency surgery for his recovery. After initial treatment in Saudi Arabia, he was transferred back to the UAE for further care. The Indian embassy has reported ongoing support and monitoring of his health. Machchhar's situation reflects a significant and challenging incident aboard the aircraft.
At a recent White House gathering, relatives of servicemen who fell in the Iran war came together to honor their ultimate sacrifice and air their frustrations. A significant number are upset about the unresolved inquiries regarding the deadly March 1 drone strike that left six soldiers dead. The ceremony honored around 40 fallen heroes, yet many families lamented the lack of timely invitations, leaving several feeling excluded.
US credit card spending on luxury brands fell by 6% from a year earlier in September. This marked the third consecutive monthly decline leading up to the midterm elections. Analysts indicated that prolonged weakness in China and economic challenges affected luxury demand in the US. Spending on leather goods improved, while watches and jewellery saw further deterioration in sales.
A recent poll shows that 86% of Americans believe taxpayer funds should not be used for election-related ads. Criticism arises regarding ads featuring President Donald Trump that air before the midterm elections. Lawmakers, both Democrats and Republicans, are concerned about potential political promotion using public funds. Although Trump claims the ads are patriotic, opponents argue they could violate rules on government propaganda.
Chhattisgarh's Chief Minister Vishnu Deo Sai successfully attracted INR 43,600 crore in foreign direct investment from Singapore. During the visit, an AI-ready data centre campus commitment worth INR 41,750 crore was secured. Additionally, a skilling MoU was signed with ITE Education Services to enhance vocational training. The Chief Minister engaged with various global leaders to discuss investment opportunities and partnerships.
Russian health officials confirmed no cases of plague in Irkutsk after a laboratory worker died from severe pneumonia. WHO has been closely following the incident that led to extensive investigations and medical observations. The laboratory assistant's death raised concerns about a possible pneumonic plague infection. Authorities reported no high-threat pathogens were detected among contacts. WHO emphasized the importance of timely information sharing to assess public health risks effectively.
Armenian politicians brawl in parliament over embezzlement allegations, probe into church
Gold prices remained steady as market participants look forward to insights from the Federal Reserve's upcoming meeting minutes. Spot gold hovered at $4,159.62 per ounce, while December futures were valued at $4,187.30. Amid ongoing inflation and recent sluggish economic indicators, Fed discussions around interest rate hikes are influencing investor sentiment, with many opting for yield-generating assets over gold.
External Affairs Minister S Jaishankar recently met with Ghanaian counterpart Sam Okudzeto Ablakwa to enhance bilateral relations. They discussed comprehensive partnerships in various sectors including trade, technology, and agriculture. Jaishankar also held discussions with President John Dramani Mahama, emphasizing India's commitment to Ghana's development. Memoranda of Understanding were exchanged between academic institutions to promote collaboration and capacity building.
Skydance has completed its acquisition of CNN, raising questions about the network's editorial independence. Mark Thompson will continue as editor-in-chief, while new governance structures are under consideration. Critics worry that corporate ownership may influence news coverage and reporting standards over time. Skydance's relationship with political figures, particularly Donald Trump, adds another layer of complexity to its news operations. Discussions about maintaining journalistic integrity
US Vice President JD Vance stated that Iran must significantly reduce its nuclear enrichment capacity to meet US demands. Vance expressed uncertainty about how decisions are made in Iran's leadership following recent clashes. The US maintains that they will not make concessions without concrete Iranian nuclear actions. Simultaneously, the war has raised political concerns for President Trump and the Republican party before the midterm elections.
Lionel Messi has officially retired from his international soccer career after scoring in Argentina's recent win against Benin. He leaves with a remarkable record of 125 goals and 68 assists for his nation. Messi has previously contributed to Argentina's victory in the World Cup and Copa America titles. Before exiting, he conveyed a message of fulfillment, stating he gave everything for his country.
US President Donald Trump stated that nobody knows who is currently running Iran amid ongoing conflict. He expressed concerns about Iran's leadership following the death of Supreme Leader Ayatollah Ali Khamenei at the war's onset. Iran's foreign ministry spokesman countered by asserting that the US understands Iran's decision-making system. Meanwhile, rising fuel prices due to the conflict could impact Trump's party during the upcoming midterm elections.
Russia pneumonic plague: The woman died at a hospital in Shelekhov, a town just outside the city of Irkutsk, and its mayor said the hospital was placed under quarantine. The top officials from Russias national public health watchdog traveled to the region on Friday.
US President Trump indicated he would cover future ad expenses from his campaign account while federal taxpayer funds remain unrefunded. Criticism has emerged from both political parties regarding the appropriateness of using taxpayer money for these ads. Legal experts are examining potential violations of federal laws concerning publicity and propaganda funded by appropriated money. Senate Democratic Leader Chuck Schumer called for an investigation into the use of taxpayer resources.
Protests in France have seen over a quarter of a million people rally for education funding support. High school students began demonstrations two weeks ago, leading to school blockades and police responses. Authorities have shut down several schools to control the situation and ensure safety. Meanwhile, an online portal has been launched for students to voice their complaints and proposals.
Hurricane tracker: Shell Plc began evacuating non-essential workers from its Stones, Mars, Olympus, Ursa, Vito and Appomattox offshore production assets in the US-regulated northern Gulf of Mexico on Tuesday, the company said in a statement posted online.
Ukraine struck an oil tanker off the southern Russian coast on Tuesday evening, triggering a huge fire and black smoke cloud that blanketed parts of the resort city of Sochi. Videos and photos circulated widely on social media from Sochi -- a popular resort city of almost 500,000 people -- showing bright orange flames out at sea and a thick column of black smoke billowing into the sky.
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Revenue and net profit of Nifty 50 companies are projected to grow by nearly 20% year-on-year. Analysts note that performance is driven by sectors like automobiles, banking, and oil. Operating margins, however, might contract slightly due to input cost pressures and inflation. Key sectors show varied conditions, balancing strong demand against potential challenges. Overall, medium to long-term outlook remains optimistic, despite some near-term volatility.
September saw a decline in demat account openings, falling to 2.89 million, which is an 11.5% reduction compared to the previous month. Nevertheless, over the September quarter, a record 9.04 million accounts were established. Despite experiencing its most significant monthly losses in five months, the stock market maintained investor interest, supported by robust IPO activity and a steady 135 million unique investors.
Gold price is expected to hit $5,013 a troy ounce over the next 12 months, up from the current level of $4,170, delegates to the London Bullion Market Association's (LBMA) annual gathering in Sorrento, Italy predicted on Tuesday. A year ago the delegates of the same conference expected gold to be at around $4,980 by now.
A study found captive-born African male lions reached puberty earlier than wild-born lions, with some reaching the stage before 1.2 years of age. Researchers linked the timing to body weight and growth rate, while hormone and sperm measurements provided further evidence of reproductive development.
What did you mean?: Trump walks away from CNN as Kaitlan Collins presses over LA, San Diego Remark
'Let 'em take out Los Angeles & San Diego': Trump faces Dems' wrath over Iran comment; WH clarifies
On dialysis every other day: Witness reveals how kidney failure began after COVID vaccine shot
His kidneys got trashed: Witness reveals friends condition deteriorated after COVID treatment
There are two kinds of Senators: JD Vances sarcastic comeback to Rubio leaves crowd in stitches

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