The Economic Times

Japan has successfully launched an uncrewed spacecraft aimed at collecting samples from the Martian moon Phobos. The spacecraft, part of the Martian Moons eXploration mission, is expected to reach its destination in August 2027. After collecting at least 10 grammes of Phobos material, the spacecraft will return the samples to Earth by 2031. This mission marks the first interplanetary launch for Japan's H3 rocket following previous launch successes.

India has highlighted the dangers posed by weapons of mass destruction falling into the hands of terrorists. During a statement at the UN General Assembly, the country urged global vigilance regarding sensitive technology transfers. Lok Sabha MP Alok Kumar Suman's remarks pointed towards Pakistan's proliferation links and the network led by A Q Khan. India has consistently proposed measures to prevent terrorists from acquiring such weapons since 2002.

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.

Hedge funds cut technology exposure at the fastest pace in at least a decade as the global AI trade weakened and tech stocks bore the brunt of last weeks selloff. Goldman Sachs data showed funds reduced risk sharply, although technology remained a major part of their portfolios.

Central Bank said that no customer suffered any financial loss on account of the incident. The lender has not attributed the disruption to a cyberattack and said the root cause is still under examination.

More than a decade ago, Shashi Kumar did the impossible - leave a lucrative job in Wipro to open a dairy business. He founded Akshayakalpa Organic, Indias first organic milk company, in 2010. The company came near bankruptcy several times but is now valued at more than Rs 1,500 crore.

Startups like Swaayatt Robots in Bhopal are creating universal autonomous driving technology for various vehicles. Researchers at IIT Hyderabad are developing metal-free batteries that could utilize carbon dioxide from Mars. Both projects aim to address significant challenges in mobility and energy for future applications. While Swaayatt focuses on adaptable autonomous navigation, IIT Hyderabad explores greener energy solutions for space missions.

An engineering graduate decided to ditch corporate career . Today, he earns eight more than he did as a techie by becoming a full-time cab driver. Taking to LinkedIn, marketing professional Yash Patel revealed how he met a driver who was an engineering graduate and was earning Rs 25,000 per month in a tech job. Today, he is earning over Rs 2 lakh per month and has four cars.

Despite a sharp market downturn in 2026, all 10 top-performing equity PMS strategies delivered positive returns in September, ranging from 3.55% to 5.67%. Amaltas Asset Managements Keystone Fund led the rankings, while Cupid and Sterlite Technologies featured among the prominent holdings across multiple portfolio management strategies.

UltraTech Cement Q2 Results: The cement maker reported a 21% year-on-year rise in consolidated net profit to Rs 1,494 crore in Q2 FY27, while revenue grew 19% to Rs 23,295 crore. However, profit fell 43% sequentially amid monsoon-related disruptions and the West Asia crisis, with margins also declining from the previous quarter.

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Tech Mahindra shares fell 2.1% after a sharp post-results rally, as investors booked profits. Brokerages remain divided, with Nuvama projecting 25% earnings growth over two years, while Nomura maintains a Neutral rating amid a focus on future growth and margins.

An MBA from the esteemed Xavier Institute of Management is typically anticipated to create pathways to rewarding job prospects. Nonetheless, for a Delhi-based HR expert, the qualification resulted in an unforeseen choice. Instead of seeking another lucrative position, she left her high-salary job in the capital and moved to Goa. Her decision was not prompted by a new job prospect nor meant to be a vacation.

Japans Nikkei 225 fell as US technology stock losses and rising oil prices heightened inflation and interest rate concerns. Semiconductor stocks led declines, while defensive and value shares offered potential support. Bank of Japan Governor Kazuo Ueda highlighted inflation near the 2% target, keeping monetary policy expectations in focus.

Japanese government bond yields fell as a selloff in US technology stocks triggered demand for safer assets. Prime Minister Sanae Takaichis pledge to control debt issuance also supported sentiment, while Bank of Japan rate expectations remained in focus.

The Indian stock market is rebounding, powered by robust investments in IT sectors and encouraging earnings reports. Analysts highlight five stocks as prime buying opportunities, projecting solid short-term gains. Indian Hotels, Lemon Tree, and Supreme Industries make the list. While technical indicators show strong demand, investors are cautioned about looming global inflation and geopolitical tensions.

Sahajanand Medical Technologies IPO enters its final bidding day with 82% subscription on Day 2 and a 7% grey market premium. The Rs 475.48 crore offer is entirely an offer for sale. Investors will monitor subscription trends, listing expectations and strong FY26 profit growth before the shares debut.

Reliance Industries shares are showing early signs of a technical turnaround as investor attention remains focused on the planned Jio Platforms IPO. The stock has moved above its 10-day simple moving average for consecutive sessions for the first time since early September, while a broadening-wedge pattern is nearing an upside breakout. However, the recovery faces a key test near 1,220. Anand James, Chief Market Strategist at Geojit Investments, said the resistance could limit the immediate upsi

Indian equities turned around as information technology stocks attracted sustained buying interest. Strong quarterly earnings reports enhanced investor confidence in the market, with the Nifty 50 index achieving a closing point of 23,146, representing a 0.65% rise. Prominent companies like HDFC Bank and ICICI Bank shared their quarterly outcomes, showcasing improved asset quality. Investors are anticipated to keep an eye on upcoming corporate announcements which may guide market trends.

India aims to achieve self-reliance by systematically identifying critical technologies for its national strategy. The government has established initiatives, such as the Anusandhan National Research Foundation, to drive research and development. A clear list of vital technologies will help prioritize investments and reduce dependency on foreign entities. Strategic instruments can then be directed toward fostering domestic capabilities in specified sectors.

Around 19 companies including LTIMindtree, Tech Mahindra, IRFC, HDB Financial Services, and Angel One have fixed their record dates for dividends, stock splits, and bonus issues during the week of October 19-23. Investors must hold shares in their demat accounts by the record date to qualify.

Dolby Laboratories has launched Keralas first Dolby Cinema in Fort Kochi, combining Dolby Vision projection and Dolby Atmos sound in a 450-seater auditorium. But what makes it different from a regular theatre, how does its technology improve the movie-watching experience, and will the difference justify a premium ticket price?

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European shares rose significantly due to robust earnings across multiple sectors, providing a buffer against a global tech stock decline. The STOXX 600 index climbed by 0.7%, achieving its best performance since June. Companies like Aixtron and Nordex marked impressive gains, while the tech sector displayed noteworthy stability. With the euro zone's inflation rate reaching 3.

Aurum PropTech announced a 57% increase in total income during the second quarter of FY27. This growth is attributed to improved profitability and the integration of artificial intelligence systems. The adjusted operating margin showed a significant increase, reaching 11.5%, marking a positive trend. Additionally, the company's various platforms reported strong performance and enhanced revenue productivity from AI initiatives.

India aims to become a leader in quantum technology among Global South countries. The Centre is preparing for NM-ICPS 2.0, building on the first phase ending December 2027. Efforts include developing quantum-resilient encryption techniques for critical database systems. Research and development spending has increased significantly, with a target of reaching 2% of GDP by 2035. The government is focusing on partnerships with industries to further support technological advancements.

Sahajanand Medical Technologies IPO entered Day 2 on October 16, 2026, with a 12% GMP and 34% subscription on Day 1. The Rs 475.48-crore offer for sale is priced at Rs 327-344 per share. PAT surged 175% to Rs 69 crore in FY26 amid steady revenue growth.

Zen Technologies, HDFC Asset Management Company, and Signatureglobal recorded closing prices above their volume-weighted average prices on October 15, reflecting intraday trading strength across these three Nifty 500 stocks.

Visa restrictions imposed by the US on Indian IT companies may impact individuals working on temporary visas. Many Indian workers may now have to return to India due to these restrictions. Despite these challenges, returnees present opportunities for India in emerging technologies and industries. Additionally, India's relationship with the US requires strategic actions to maintain balance in trade and diplomacy.

Cities across America are imposing temporary moratoriums on data centre approvals to address infrastructural concerns. Local governments are assessing the impacts of these projects on electricity, water, and public resources. Environmental lawsuits are complicating the development of AI infrastructure further, leading to delays and increased costs. Some technology companies are moving towards greater transparency with local communities for better engagement.

Elon Musk's SpaceX struck a deal to acquire a nationwide low-band spectrum portfolio, posing a direct challenge to US wireless companies.

Tech Mahindra Q2 Results: Along with the earnings, Tech Mahindra's board declared an interim dividend of Rs 15 per equity share of face value Rs 5 each, equivalent to 300%, for the financial year 2026-27. It also approved a 1:1 bonus issue, under which shareholders will receive one bonus equity share for every existing equity share held, subject to the applicable terms and conditions.

Akash Ambani is positioning Jio Platforms to capture a significant share of Indias projected $1.4 trillion digital economy by FY31. Ahead of its Rs 30,213 crore IPO, he highlighted 7,200 patents, 5G leadership and technology partnerships.

European shares faced a decline as technology stocks led the losses amid global selloffs and rising borrowing costs. The pan-European STOXX 600 index reported a 0.35% drop, reflecting investor sentiment adjustments after strong US inflation data. Companies involved in artificial intelligence investments experienced increased pressure, especially regarding their financing needs. However, certain corporate earnings, like those from Ericsson and Pernod Ricard, offered some support to the market.

Eurozone government bond yields fell as investors sought safe-haven assets amid a global technology stock sell-off and declining US Treasury yields. Meanwhile, money markets priced in higher European Central Bank rates over the longer term, while French-German and Italian-German bond spreads reflected ongoing market pressures.

Indian IT stocks have rebounded sharply. The Nifty IT index has risen 8%, adding Rs 82,500 crore to the sector

Congress criticised the Centre over the VB-G RAM Act, saying it guarantees only technology-driven exclusion, centralisation and emasculation of gram panchayats. The party spokesperson alleged the scheme implements additional workdays above the erstwhile Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). The party also accused the Centre of bulldozing the bill through parliament and alleged that the Act excludes millions from Adivasi and tribal communities.

Tata Technologies shares surged after reporting a 4% YoY rise in Q2 net profit to Rs 171 crore. Revenue grew 28% to Rs 1,699 crore, led by a 34% jump in services revenue to Rs 1,356 crore. EBITDA rose 32% to Rs 273 crore, with margins expanding 40 bps to 16.1%. Services revenue grew 4.3% sequentially in constant currency terms to $142 million.

Sahajanand Medical Technologies IPO opened for subscription on October 15, 2026, aiming to raise Rs 475.48 crore through an entirely offer-for-sale issue. The price band is set at Rs 327-344 per share, with a lot size of 43 shares. The issue commands a 12% grey market premium.