The Economic Times

PRISM is set to scale back its initial public offering from Rs 6,650 crore to Rs 3,350 crore in light of its robust cash flow and enhanced balance sheet. The majority of the newly structured funds will focus on repaying or prepaying debts. Moody's Ratings has adjusted PRISM's outlook to positive, anticipating growth in EBITDA. Notably, OYO's founder, Ritesh Agarwal, and SoftBank maintain substantial stakes in the venture.

Mohan Bhagwat's indirect jibe at China: One-sided development causing instability in Himalayas

As Dussehra festivities approach, Delhi Traffic Police has released an advisory for the anticipated congestion. Major thoroughfares in East Delhi will see diversions from 5 PM to 8 PM to accommodate the surge in foot and vehicle traffic. Enhanced security measures have been implemented at celebration sites in West Delhi to prioritize public safety. Commuters are encouraged to strategize their travel and choose alternate routes.

A recent study emphasises the significance of daily weather in estimating glacier melt rates and ice loss. Researchers enhanced the Global Glacier Evolution Model to analyse over 12,500 glaciers worldwide at a daily resolution. This new model predicts a faster retreat of glaciers and greater contributions to sea-level rise compared to previous monthly averages. The findings highlight the crucial impact of extreme weather events on glacier dynamics moving forward.

At the annual Vijayadashami event, Mohan Bhagwat shared important insights on the risks associated with regime-change protests. He suggested that political manipulation could divert attention from core issues, emphasizing that a united India might be viewed as a challenge to global powers. Bhagwat called for constructive protests that foster unity instead of division, urging parties to respect constitutional boundaries and engage in respectful dialogue.

Taylor Swift donated 6,000 books worth around $68,000 to Pennsylvanias Reading Public Library in 2011 when the institution was struggling. The books, intended for children and teenagers, were distributed across its branches. As reported by the Reading Eagle, the donation helped bring attention to young readers and highlighted Swifts connection to her hometown community.

South Korea vowed a strong response if North Korea were to strengthen its military posture along the border. The South Korean Defence Ministry expressed concerns over the deployment of tactical strike weapons across the border. The ministry said the country's cross-border broadcasts and warning shots were a legitimate response to North Korean provocations. Analysts said the standoff increased the risk of a military clash.

The India-New Zealand Free Trade Agreement (FTA) came into force on Tuesday, marking India's 17th operational free trade pact and opening up new opportunities for Indian exporters.

Ravi Kumar, a fan from Lucknow, started his journey walking 1,400 kilometers to Mumbai. After reaching Mumbai, he discovered that Hardik Pandya was in Bengaluru, prompting him to walk another 990 kilometers. Upon meeting Hardik, his experience was enhanced by the cricketer's kindness and travel arrangements for his return. Videos of their meeting went viral on social media, highlighting the heartwarming interaction.

At the 81st session of the UNGA, India demonstrated its commitment to fostering trade through development-focused legal frameworks.

Mohan Bhagwat highlighted the necessity of acknowledging India's rich diversity during the RSSs Vijayadashami Utsav. He stated that respect for diversity is rooted in India's philosophical traditions, integral to the country's character. Bhagwat linked the RSSs centenary efforts to the awakening of national identity as reflected in the Constitutions Preamble. He mentioned the contributions of historical figures such as Swami Shraddhanand and Mahatma Jyotirao Phule to society.

Helen Haines, an Australian lawmaker, was critically injured in a deliberate act involving a car attack. The incident occurred in Wangaratta, where she was retrieving items from her car. The driver of the vehicle was quickly detained after the event, and law enforcement is investigating the motive. Prime Minister Albanese emphasized the rising political violence and its impact on democracy.

While Buffett criticised the current market scenario, his firm Berkshire Hathaway has been pumping up its investments. The company under CEO Greg Abel has been increasing its stake in Google-parent Alphabet, making it one of Berkshire's five largest common stock holdings, led by iPhone maker Apple. Berkshire more than tripled its stake in Alphabet and purchased over $2.6 billion worth of shares in Delta Air Lines after Abel formally took over as chief executive from Warren Buffett at the start o

The company is now asking investors to value it not merely as a telecom operator, but as a broader technology platform spanning 5G, fixed broadband, cloud, entertainment, enterprise services and artificial intelligence.

The Rs 30,213-crore public offering comprises an entirely fresh issue of 27 crore shares. If completed as planned, it will become Indias largest-ever initial public offering (IPO), surpassing Hyundai Motor Indias record set in 2024.

Kim Jong Un death rumours: North Korea has released photographs showing Kim Jong Un inspecting footwear and women's clothing at an exhibition after unverified social media claims alleged that he had died following a brain haemorrhage. The New York Post reported that the images were published by North Korean state media, although their timing has not been independently verified. Claims of a Chinese troop deployment and a succession crisis also remain unsubstantiated.

Yami Gautam will perform Ravan Vadh at Delhis iconic Luv Kush Ramleela near the Red Fort on October 20, 2026, as part of Dussehra celebrations themed Respect for Women. Organisers say her participation will highlight womens strength and their role in fighting injustice. The actress recently performed a similar scene in her film Nayyi Navelli. Bollywood stars including Akshay Kumar, Ajay Devgn, John Abraham, Prabhas and Kareena Kapoor, along with filmmaker Rohit Shetty, have previously participat

Elice, which raised 201.1 billion won ($150 million) in its IPO, provides AI cloud services as well as AI-based education and business software and plans to spend most of its IPO proceeds on launching portable modular data centres and related infrastructure.

Japan's Nikkei share average fell on Tuesday, dragged lower by technology stocks as investors weighed rising bond yields and persistent inflation concerns

Chennai weather today: Tamil Nadu is likely to receive isolated very heavy rainfall until October 21, followed by heavy showers in isolated areas from October 22 to October 25, according to the India Meteorological Department (IMD). The weather department has also forecast thunderstorms, lightning and gusty winds of up to 60 kmph over Tamil Nadu, Puducherry and Karaikal during the period.

Sahara Rays final social media post before her death at 34 featured her daughter Snow, whom she called her whole heart. Shared in July, the pictures showed the little girl wearing different outfits. Rays family confirmed her death in a statement to TMZ, while her mother, Gretchen Bach, paid tribute to her kindness and passions. Her cause of death has not been confirmed.

Leh: In a historic milestone for the administration of justice in the Union Territory of Ladakh, Chief Justice of India (CJI) Surya Kant, on Sunday, inaugurated the newly established Ladakh Bench of the High Court of Jammu & Kashmir and Ladakh at Melongthang, Leh.The establishment of the Bench marks a significant step towards bringing justice closer to the people of Ladakh, particularly those residing in remote and far-flung areas, by reducing the hardships, time and expenditure involved in trav

Dussehra 2026 will be celebrated on Tuesday, October 20, marking the victory of good over evil. If you want to share festive greetings with friends and family, AI tools such as ChatGPT, Google Gemini and other image generators can help you create personalised Dussehra wishes, colourful greeting cards and creative festive visuals. Here are 10+ AI prompts you can copy and use to generate unique Dussehra images for WhatsApp, Instagram and other social media platforms.

Surendra Adhana of India's UN mission reiterated the importance of full financial contributions from member states. He highlighted India's timely payments while noting concerns over the UN's liquidity and mounting arrears. Unpaid assessments for the regular budget stand at USD 1.46 billion, with significant debts owed by one member state. The situation is further complicated in peacekeeping, with arrears reaching USD 4.1 billion.

Breaking Bad actor RJ Mitte, who lived with cerebral palsy, died by suicide at 34. His mother, Dyna Mitte, has addressed rumors that his fiance, Kennedy Suarez, was not invited to his celebration of life. The couple had been friends for about 10 years before they began dating in 2020 and got engaged in 2025.

Conjoined twins Jos Luis and Jos Armando Cevallos tragically passed away on October 15 at the age of 27. Known for their engaging presence on Instagram and TikTok, they had just shared a joyous post two days earlier. A close friend disclosed that both died moments apart. Their family expressed profound grief over the twins' extraordinary bond and the widespread joy they brought to their audience.

Presley Gerber, the son of supermodel Cindy Crawford, died at a sober living facility in September. Prior to his death, police had responded to an overdose case at the same facility months earlier. Records indicate that someone at that time was revived after an overdose incident with Narcan. Before checking in, a sober coach notified the facility about his drug use, yet he was admitted.

Brent crude futures gained 21 cents, or 0.20, to $109.76 a barrel, while US West Texas Intermediate (WTI) crude futures for November delivery, which expire on Tuesday, rose 0.11% to $104 a barrel. Brent had climbed to $110.70 a barrel in the previous session, its highest level since May 20.

Weather Today, October 20: The IMD has forecast heavy rainfall across Tamil Nadu, Kerala, Karnataka and parts of Andhra Pradesh from October 20 onwards. Tamil Nadu, Puducherry and Karaikal may receive isolated very heavy rainfall till October 21, while Kerala is likely to see heavy rain till October 25. The weather department has also warned of thunderstorms, lightning, gusty winds and a possible depression over the southwest Arabian Sea.

India called for a universal and verifiable framework for nuclear disarmament at the UN General Assembly. The country emphasized that nuclear weapon decisions should remain under human control amid AI advancements. India reiterated its commitment to a no first use policy and a voluntary moratorium on nuclear testing. Legal assurances against nuclear attacks for non-nuclear states were also advocated by India's representatives.

Sahara Ray, an Australian model and influencer, has died at the age of 34 years. She was rushed to a hospital, but her family decided to remove her from life support days later. Ray faced serious health issues and struggled with addiction in recent years. Her mother has remembered her as a passionate woman who loved her family and surfing.

Gold slipped in early Asian trade on Tuesday as investors awaited the US Federal Reserve policy decision next week for signals on interest rates and the broader outlook for monetary policy.

Celebrate Happy Dussehra 2026 with heartfelt wishes, inspirational quotes, WhatsApp Status messages, Facebook posts, greetings in Hindi and festive images to share with family and friends. Observed on October 20, Vijayadashami marks the victory of good over evil and symbolises hope, courage and new beginnings. Here are the best Dussehra greetings, messages and captions to spread happiness, positivity and festive cheer.

Bank holiday today: On October 20, 2026, banks in many Indian states will be closed for Dussehra and other festivals. Meanwhile, Sikkim and Manipur will have banks open on that day.

Net profit surged 448.14% year-on-year to 394.22 crore from 71.92 crore a year ago, while revenue increased 143.62% to 2,541.79 crore from 1,043.34 crore. Sequentially, profit increased 60.49% from the previous month, and revenue rose 32.73%.

Non-ferrous companies are expected to see a sequential decline in earnings, with revenue and Ebitda expected to fall 2% and 13%, respectively. The decline in average LME aluminium prices is likely to weigh on their profitability.

Poland's Ambassador to India affirmed support for India's permanent seat on the United Nations Security Council. This endorsement aligns with broader reforms in global governance that recognize emerging powers from the Global South. India has been praised for its diplomatic efforts concerning the Russia-Ukraine war, promoting peace and dialogue. A potential trilateral summit between Russia, the United States, and China could address this conflict further.

A near 14% year-on-year growth in grey cement volumes to 35.94 mt in the domestic market, though, helped UltraTech clock in a near 19% year-on-year growth in consolidated sales to 23,295 crore. This also helped the profit before interest, depreciation and tax rise more than 17% to 3,832 crore. Consolidated profit for the quarter rose 21% on-year to 1,501 crore.

According to circulars issued by the NSE, the special trading session will begin at 2:20 pm on Sunday. Continuous trading in stocks covered by the closing auction session (CAS) will end at 3:15 pm, followed by the closing auction, while trading in other stocks will continue until 3:30 pm. Equity futures and options trading will run from 2:20 pm to 3:40 pm.

New Zealand is working to strengthen trade relations with Brazil and Canada in response to economic uncertainties. The country expects to complete the first New Zealand-Brazil Trade and Investment Dialogue after upcoming elections. A new free trade agreement with India has been implemented, making more than half of exports tariff-free. The agreement will benefit various products, including sheep meat and wool, as well as local businesses.

Total advances in the September quarter increased 19% year-on-year to 11.6 lakh crore, led by a 17% growth in domestic advances, which was supported by a 24% increase in corporate advances to 5.2 lakh crore. The bank has a corporate loan pipeline of 1 lakh crore.

Brokerages remain optimistic about ICICI Bank's strong earnings and asset quality after the recent quarter. However, HDFC Bank's profit growth was modest, and margins are under pressure, leading to a more cautious outlook. Despite this, both banks have attractive valuations and positive earnings recovery prospects. On Monday, both stocks experienced declines, along with broader market indices. Analysts highlight potential upsides for both banks based on target prices.

The Indian government is in discussions to create a hardware device for monitoring satellite communications from foreign providers. This device aims to ensure national security by controlling internet traffic from companies like Starlink. Officials state that this security layer will prevent potential risks associated with untrusted transport carriers. Notably, Starlink has faced regulatory challenges for not complying with local infrastructure regulations.