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National News

The Economic Times

National / The Economic Times

Bank customer spots huge unknown deposit in account, receives a call pressuring to return it immediately, ends up approving even higher amount; warns SBI

State Bank of India (SBI) has warned customers about the Jumped Deposit Scam, in which fraudsters use unexpected bank credits and urgent refund calls to pressure people into approving larger UPI payments. The bank has advised customers to verify transactions, avoid suspicious payment requests, block suspected callers and report incidents promptly.

12 Oct 2026 1:53 pm
Pakistans Adam Gilchrist goes viral after scoring century, but his favourite wicketkeeper is not Australian

Pakistans teenage wicketkeeper-batter Adam Gilchrist has gone viral after scoring 117 runs in a school cricket tournament in Karachi. Named after Australian cricket legend Adam Gilchrist, the youngster revealed that his favourite wicketkeeper is former Sri Lanka captain Kumar Sangakkara.

12 Oct 2026 1:46 pm
European Union to restrict Chinese hybrid cars imports to 3,50,000 per year, says report

The European Union (EU) has agreed to restrict the import of Chinese hybrid cars to 3,50,000, with an annual increase of 6 per cent. The initial phase of the measures are expected to be implemented from early December this year.

12 Oct 2026 1:43 pm
Jantar Mantar denotified as protest site, Delhi designates three new venues

Jantar Mantar has been officially denotified as a venue for protests in Delhi. Ramlila Ground, Burari Ground, and CBD Ground will now serve as designated sites for demonstrations. This change follows recommendations from a Committee set up by the Ministry of Home Affairs. A detailed Standard Operating Procedure will be issued by Delhi Police for these new venues. This notice modifies a previous Standing Order related to protest organization procedures.

12 Oct 2026 1:34 pm
Supreme Court says it never adjudicated on new Form 6 in Bihar SIR case

The Supreme Court addressed the ongoing concerns about Bihar's electoral rolls on Monday, stating that no judgment has been made on the new Form 6. Justice Bagchi highlighted that this form was not a matter of consideration in past hearings related to the Special Intensive Revision petition. The Election Commission had earlier suggested that their approval existed, making this clarification crucial for electoral procedures nationwide.

12 Oct 2026 1:30 pm
Phir Se Sadak Par Aainge: Abhijeet Dipke vows fresh protest after detention

Phir Se Sadak Par Aainge: Abhijeet Dipke vows fresh protest after detention

12 Oct 2026 1:25 pm
DMK leader Elangovan calls actor CM Vijay 'slave of BJP'; slams Centre over Keezhadi

T K S Elangovan has criticized Tamil Nadu Chief Minister C Joseph Vijay for being a supporter of the BJP. He expressed concerns regarding Vijay's future proposals to the BJP concerning metro rail projects. Elangovan alleged that the BJP has stalled the recognition of archaeological findings in Keezhadi, which harms Tamil Nadu's cultural interests. Additionally, he condemned the treatment of Cockroach Janata Party founder Abhijeet Dipke as suppression of dissent.

12 Oct 2026 1:19 pm
Indias monsoon risks may raise food industry costs: D&B

India is experiencing agricultural risks attributed to monsoon conditions, which could impact food processors and poultry producers. Procurement costs and inventory needs are likely to rise significantly due to these agricultural challenges. Rice and wheat stocks provide immediate buffers against potential food-supply issues, but maize faces direct risks from production shortfalls. Affected states include Madhya Pradesh and Rajasthan, which contribute significantly to overall foodgrain output.

12 Oct 2026 1:19 pm
Udhayanidhi Stalin condemns 'house arrest' of health workers ahead of Chennai protest

Tamil Nadu Leader of Opposition Udhayanidhi Stalin criticised the state government for allegedly placing multi-purpose health workers under house arrest to prevent their planned protest in Chennai who were demanding job regularisation. The LoP drew parallels between the arrests and the detention of youth protesting election irregularities in Delhi. Terming Chief Minister Joseph Vijay as 'dummy chief minister,' urging him to intiate dialogue with the workers and fulfill their demands.

12 Oct 2026 1:10 pm
Why Supreme Court cancelled elections in 50 Punjab wards and ordered repolls in 6 weeks?

The Supreme Court recently cancelled elections in 50 municipal wards across Punjab's Patiala and Moga districts and ordered repolls within six weeks. The decision follows a fact-finding inquiry that reported serious irregularities, including alleged intimidation of candidates, destruction of nomination papers and obstruction during the election process.

12 Oct 2026 1:06 pm
CJI Surya Kant backs lawyers right to peaceful protests at designated locations

Chief Justice Surya Kant stated that lawyers have the right to participate in peaceful protests at designated locations. Concerns were raised regarding police excesses and the alleged detention of lawyers during recent protests. Senior Advocate Gopal Sankaranarayanan highlighted incidents of violence against protesters and the lack of public orders under relevant laws. The Supreme Court will hear the matter, addressing the concerns of police actions against citizens and lawyers alike.

12 Oct 2026 1:01 pm
Supreme Court bars coercive action by CBI against people linked to Punjab govt

The Supreme Court of India has prevented the CBI from taking coercive action against Punjab government officials. This directive follows a plea from the Punjab government seeking a stay on a previous high court order. The high court had directed the CBI to investigate alleged corruption involving cash for transfers and favorable policies. The Punjab government argues that the investigation process violates legal protocols intended for public servants.

12 Oct 2026 1:00 pm
Moneyview shares rally 93% from IPO price in 7 sessions. What lies ahead?

Moneyview shares have surged since listing, but sustaining the rally will depend on the company

12 Oct 2026 12:57 pm
Five-star Indian hockey team enters Asian Champions Trophy as tournament's most successful side

Since the Asian Champions Trophy began, the Indian men's hockey team has enjoyed impressive success, clinching their first title in 2011 and repeating the feat in 2016 against Pakistan. In 2018, the final was a draw with Pakistan due to unfavorable weather. India's latest victory came in 2023 over Malaysia, and they successfully retained their title in 2024 against China, further solidifying their legacy in Asian hockey.

12 Oct 2026 12:54 pm
Rahul Gandhi hails MPSC chiefs leave as big victory for students

Congress leader Rahul Gandhi declared the resignation of MPSC Chairman Vivek Bhimanwar a notable victory for students and youth. The students had been protesting against alleged irregularities, including paper leaks within the commission. Following a 10-day agitation, they accepted the formation of a government committee to investigate the issues. A delegation from the Maharashtra government informed the protesters that their demands had been largely met.

12 Oct 2026 12:46 pm
Cupids skyrocketing rally hits a speed bump as shares fall 3%

Cupid shares fell on Monday after hitting a fresh lifetime high, as investors appeared to book profits following a sharp rally. Despite the pullback, the multibagger stock is up around 245% in 2026 so far, with returns of 630% over one year, 7,485% over three years and 15,000% over five years.

12 Oct 2026 12:36 pm
'Do not break it!': Trump announces Russia-Ukraine energy truce; Zelenskyy says unaware of deal

'Do not break it!': Trump announces Russia-Ukraine energy truce; Zelenskyy says unaware of deal

12 Oct 2026 12:28 pm
Can Fin Homes shares rally up to 5% after Q2 net profit jumps 10% to Rs 275 crore, NII rises 7%

Can Fin Homes shares rallied up to 5% after the housing finance company reported a 10% year-on-year rise in Q2 FY27 net profit to Rs 275 crore. Net interest income grew 7%, while the loan book expanded 10% to Rs 43,539 crore.

12 Oct 2026 12:25 pm
October Horoscope: Venus retrograde brings a slow reset for 5 Zodiac Signs and life starts feeling better

Venus Retrograde is often seen as a time of confusion and setbacks. But for these five zodiac signs, the coming weeks could bring more opportunities than problems.

12 Oct 2026 12:25 pm
Asiad missed, India's compound archery ace Abhishek Verma targets Los Angeles 2028, CWG 2030

Abhishek Verma, a highly accomplished compound archer from India, is setting his sights on rejoining the national squad. He aspires to showcase his skills at the 2028 Los Angeles Olympics and the 2030 Commonwealth Games. As a mentor to emerging talents, Verma has been pivotal in ensuring India's competitive edge.

12 Oct 2026 12:25 pm
Will not back down, standing with truth, says Rahul Gandhi as he demands CEC Gyanesh Kumar's resignation

Rahul Gandhi, on Monday said Congress would not back down, asserting that the party was standing with the truth amid its protests against Chief Election Commissioner Gyanesh Kumar.

12 Oct 2026 12:24 pm
CJP's Saurav Das comes out with another ultimatum for Delhi Police: 'Tell us when ...'

CJP's Saurav Das comes out with another ultimatum for Delhi Police: 'Tell us when ...'

12 Oct 2026 12:23 pm
TCS shares after 6% rally in 2 sessions after Q2 results. What are technicals indicating for the IT major?

TCS reported a 15% year-on-year rise in consolidated net profit to Rs 13,884 crore and declared an interim dividend of Rs 12 per share.

12 Oct 2026 12:02 pm
RaGa expected to lead SIR showdown to SC

Congress leader Rahul Gandhi is expected to lead a march, that includes parties from the opposition bloc, to the Supreme Court on Monday in a bid to protest demanding the halting of Special Intensive Revision of electoral rolls and a resignation of Chief Election Commission Gyanesh Kumar.He is expected to brief members of the media shortly, ahead of the proposed protest march.The Leader of Opposition in Lok Sabha had earlier announced that the INDIA bloc would take to the streets again on Octobe

12 Oct 2026 12:01 pm
Delhi's protest weekend spills into Monday as Rahul Gandhi expected to lead opposition marches towards Supreme Court

Congress leader Rahul Gandhi plans to lead a march to the Supreme Court on Monday. This protest aims to demand the resignation of Chief Election Commissioner Gyanesh Kumar. Security has been heightened in Central Delhi due to the planned demonstration, which comes after recent protests. Over the weekend, many protestors were detained by Delhi Police during various demonstrations across the city.

12 Oct 2026 12:01 pm
Harsh Goenka says Nvidia alone is worth more than India's entire stock market, US chipmaker valued higher than all listed Indian companies combined

Industrialist Harsh Goenka has shared a comparison showing Nvidias $5.5 trillion market capitalisation exceeding the combined $4.4 trillion value of all listed Indian companies. Users pointed out the comparison and differences in valuation dates and market fluctuations.

12 Oct 2026 11:54 am
Aeroflex Industries shares rally 13% ahead of key board meeting on expansion plans

Aeroflex Industries shares surged nearly 13% as investors awaited the October 14 board meeting to discuss expansion plans and capacity enhancements. The stock has gained over 200% in 2026, with the companys market capitalisation at around Rs 7,715 crore.

12 Oct 2026 11:53 am
Water shortage in Tamil Nadu forests drives elephant to dam for a drink, but she gets trapped in slush; rescue operation delayed

A female elephant was trapped in slush at the Gunderipallam dam in Tamil Nadus Erode district on Sunday, triggering a rescue operation by forest officials and fire and rescue personnel. Efforts were delayed after an earthmover got stuck in the muddy terrain. A veterinary team from Sathyamangalam was also mobilised to provide medical assistance and monitor the elephants condition amid water scarcity in the forest.

12 Oct 2026 11:50 am
CJI explains why he rejected INDIA Bloc's request for a meeting, lists out reasons for the decisions

CJI explains why he rejected INDIA Bloc's request for a meeting, lists out reasons for the decisions

12 Oct 2026 11:44 am
Inflation could hit 7%, forcing RBI to hike rates by 150 bps further: Report

India's inflation is projected to reach 6-7% due to increasing price pressures and consumer expectations. The Reserve Bank of India has acknowledged risks stemming from rising input costs and resilient domestic demand. Recent trends show that household inflation expectations are significantly higher than headline inflation rates. The RBI has raised its GDP growth projection while revising inflation forecasts upwards to 6% for the upcoming quarter.

12 Oct 2026 11:44 am
Govt should prorogue Monsoon session, hold dialogue on delimitation issue: Congress

The Congress party has called for the government to prorogue both houses of Parliament. They emphasized the necessity for an all-party dialogue regarding the delimitation issue. Congress leader Jairam Ramesh stated that the Chief Election Commissioner must first resign for meaningful discussion. Additionally, he mentioned that recent attempts by the Modi government to push through contentious bills have faced opposition.

12 Oct 2026 11:38 am
Supreme Court asks MMRDA to deposit Rs 646 crore in Reliance Industries BKC case

The Supreme Court has ordered the MMRDA to deposit Rs 646 crore with its registry by November 6. This order is in relation to a delay in construction by Reliance Industries at Bandra-Kurla Complex. Additionally, the court has issued a notice to Reliance Industries promoted by Mukesh Ambani. The MMRDA is challenging a Bombay High Court order that quashed an earlier demand against the company.

12 Oct 2026 11:35 am
Saudi Arabia faces a missile-defence crunch after deadly Riyadh airport attack

Saudi Arabia is experiencing a critical shortage of interceptor missiles as Houthi attacks intensify across the region. Recent strikes on King Khalid International Airport resulted in multiple fatalities and injuries, raising significant security concerns. The Indian Embassy confirmed the death of an Indian national injured in the attack, amidst concerns for injured citizens. Houthi military officials are warning international travelers against flights to Saudi airports, citing safety issues.

12 Oct 2026 11:25 am
Turkey, Pakistan, Egypt, Saudi Arabia condemn Houthi attacks on King Khalid international airport

Turkey, Pakistan, Egypt and Saudi Arabia condemned attacks by Yemen's Houti militants on Riyadh's interational airport. They said the attacks were a dangerous escalation and cannot be justified or accepted under any pretext. The remarks follow a Houthi strike on Riyadh's International airport which killed one person and injured a dozen. The group of regional powers - dubbed the R4 - reaffirmed their solidarity and support for Saudi Arabia.

12 Oct 2026 11:22 am
China holds intensive talks on hybrid, EV trade with EU

China and the European Union recently held consultations focusing on hybrid and electric vehicle trade matters. Both parties agreed on export quotas for Chinese hybrid vehicles that align with overall import standards. Additionally, there was consensus on increasing the 2025 hybrid vehicle export figure to promote stability for Chinese companies. The negotiations aimed to address economic and trade concerns adequately.

12 Oct 2026 11:19 am
'SC doors open to everyone': CJI Kant reiterates reason for not meeting opposition MPs amid protest call

Chief Justice Surya Kant highlighted that the Supreme Court is accessible to every Indian citizen. He emphasized that citizens should file petitions rather than seeking private meetings for legal matters. This statement comes in response to the INDIA bloc's planned protest regarding alleged electoral irregularities. Security measures have been heightened in Central Delhi in anticipation of the protest march.

12 Oct 2026 11:16 am
BJP's Rajeev Chandrasekhar warns protests against dignitaries could affect Centre-state relations

Concerns were voiced by Rajeev Chandrasekhar regarding the protests targeting Union Home Minister Amit Shah, warning of potential friction between the Centre and states. Noting disruptions during recent visits of Union officials to Keralam, he lambasted these confrontational acts as counterproductive to the needs of ordinary citizens in their quest for jobs and progress.

12 Oct 2026 11:14 am
Adaptions Sudip Roy on Power Concentrated in a Few Hands

Adaptions Sudip Roy on Power Concentrated in a Few Hands

12 Oct 2026 10:59 am
Tamil Nadu CM Vijay asks Centre to release Rs 5,110 crore in pending education funds without conditions; complete list of his demands to PM Modi

TN CM VIjay's list of demands to PM Modi: Tamil Nadu Chief Minister C Joseph Vijay has asked Prime Minister Narendra Modi to release Rs 5,110 crore in pending Samagra Shiksha Abhiyan funds without conditions. He also sought approval for Chennai Metro Phase III, reconsideration of Metro projects in Coimbatore and Madurai, new high-speed rail corridors, highway upgrades, the Godavari-Cauvery river link and the use of Tamil in Madras High Court proceedings.

12 Oct 2026 10:58 am
India 10-year bond yield tops 7.35% as RBI's liquidity clamp down hurts

On Monday, Indian government bonds experienced a significant decline due to central bank measures affecting liquidity. The benchmark 6.94% 2036 bond yield rose to its highest level in three years. The Reserve Bank of India announced it would sell 250 billion rupees of bonds to tighten liquidity. Meanwhile, the benchmark Brent crude price remained above $100 per barrel, impacting inflation.

12 Oct 2026 10:49 am
PC Jeweller shares jump 5% to fresh 52-week high, market value swells by Rs 2,500 crore in 4 sessions

PC Jeweller shares hit a fresh 52-week high, extending a four-session rally to 20%. The stock has gained 64% in 2026 so far, supported by renewed investor optimism after the company repaid its outstanding debt ahead of schedule and achieved debt-free status.

12 Oct 2026 10:49 am
Indias Rs 34,284-crore Basmati trade gets a logistics boost with Iraq shipping plan

IREF has introduced a bulk-shipping initiative aimed at cutting freight costs for Basmati rice exports to Iraq. This initiative will lower costs from USD 350 to USD 90 per tonne, significantly improving competitiveness in the Middle East market. The collaboration with Eximwala Solutions Pte. Ltd. involves bulk shipments totaling 1,02,210 metric tonnes. The initiative is part of efforts to strengthen Indias position in global rice exports.

12 Oct 2026 10:49 am
63 Moons Technologies shares rally 9% as subsidiary raises FY27 revenue guidance to Rs 600 crore

Shares of 63 Moons Technologies rallied after subsidiary 63SATS Cybertech reported Rs 218 crore in first-half FY27 billings and raised its full-year billed revenue guidance to Rs 600 crore from Rs 350 crore, citing strong execution and a growing business pipeline.

12 Oct 2026 10:44 am