The Economic Times

Nvidia Corp's stock currently trades at less than 17 times its projected profit for the upcoming year, marking a notable decline from earlier values seen in 2025 and mid-2023. Despite solid fundamentals, investor confidence is wavering on the sustainability of the company's earnings. The stock's performance follows a rally in semiconductor shares amid concerns over AI models, highlighted by encouraging signals regarding chip demand from new AI advancements.

The Indian government is likely to consider production-linked incentive applications from auto companies with Chinese investments. This decision comes after President Xi Jinping's recent visit to India and improving relations. Existing applications with foreign direct investment (FDI) approvals will be reviewed for potential benefits. The auto production-linked incentive scheme aims to boost domestic manufacturing and investments significantly. Disbursements under this scheme are expected to inc

The Adani Group has settled with Sebi, with companies like Adani Enterprises and Adani Green Energy collectively paying

The Securities and Exchange Board of India is seeking to alleviate concerns related to derivative settlement prices. Among the proposed options are a blended VWAP model and a return to the previous VWAP method. Sebi is open to public feedback on these alternatives, which are intended to enhance market structure. Currently, market participants have shown favor for the older VWAP technique.

The Priceless Planet Coalition was founded in 2020 to restore 100 million trees globally within five years. Conservation International and World Resources Institute led the effort with significant funding and expertise. The coalition's initiatives resulted in the planting of over 10.7 million trees across six countries.

With midterm elections looming, soaring diesel prices are causing alarm among Republican candidates. In response to the economic strain, many are advocating for a ban on diesel exports, aiming to alleviate the financial burden on farmers and consumers alike. This call to action comes against a backdrop of escalating global energy challenges and ongoing geopolitical tensions. As voter frustration grows, GOP candidates must navigate a difficult electoral landscape.

Burt Reynolds sold his Hobe Sound estate for $3.3 million in 2015 after price reductions over the years. The estate was initially listed for $15 million in 2005, and the asking price changed multiple times. Following financial difficulties, Reynolds faced a foreclosure lawsuit regarding the property before its sale.

In a landmark move, Amazon will allocate $2.5 billion to settle issues arising from unauthorized Amazon Prime subscriptions. The Federal Trade Commission has broadened the scope for consumers, allowing claims of up to $200. This effort seeks to rectify the difficulties customers faced when trying to cancel subscriptions. Keep an eye out for more information on the claims process, which will be released soon.

Ground Control is launching an extensive woodland restoration initiative called Wildfell in Essex. Covering 116 hectares, this ambitious project focuses on planting new forests and improving current habitats. With the aim of enhancing biodiversity and sequestering carbon, multiple funding avenues are being explored. Furthermore, effective wildlife management practices will help the project thrive amidst various challenges, while also serving as a hub for environmental education and community inv

Bitcoin has surged to $86,000, continuing its upward trajectory despite the Federal Reserve's recent interest rate hike. The influx of nearly $1 billion into Bitcoin exchange-traded funds reflects robust investor confidence. Additionally, the CLARITY Act's failure to pass seems to have alleviated concerns, prompting a positive market reaction.

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Chinese mindset of the day: Choosing a home is about more than just the house itself, as location and community matter greatly. The saying, 'Examine the neighbourhood before you choose your dwelling,' reflects this important consideration. Neighbourhoods shape daily experiences and interactions within a community, emphasizing their significance.

Athens Church transformed vacant retail property in Athens, Georgia, into a sprawling church campus with a 2,100-seat auditorium, children's spaces and youth facilities. The project reused existing structures, technology and materials, while shipping containers became high school breakout rooms. Designers created an industrial environment focused on flexibility, function and connection.

The rise of LED lighting in residential and commercial spaces has sparked discussions among health experts. Some researchers suggest that these lights might influence metabolic processes and heighten diabetes risk. One study indicates that using broader-spectrum lighting could provide enhanced health benefits over standard LEDs. Despite these discussions, there is currently insufficient evidence to assert a direct link between LED usage and diabetes in humans.

Researchers have identified the Uhackatik impact crater in Quebec, which is about 25 kilometers wide. The crater was discovered by amateur astronomer Jol Lapointe using satellite imagery while looking for camping spots. Geological confirmation came through the discovery of shatter cones, indicating a historical extraterrestrial collision. This discovery sheds light on Earth's geological history and the difficulty of finding ancient impact structures.

China has announced new export permit requirements for two chemicals linked to illegal drug production. The chemicals are related to fentanyl precursors, which are closely monitored due to their proliferation. This expands the total number of controlled substances to 18, indicating China's increased regulatory focus. The US has urged China to strengthen regulations on chemicals used in synthetic drugs.

Oratilwe DJ Arch Jnr Hlongwane is a South African young DJ whose interest in music began when he was just eight months old. After his father bought him an iPad Mini, Oratilwe started using DJ apps and continued developing his skills. At three, he won South Africas Got Talent in 2015. By age five, he officially became the worlds Youngest club DJ after performing an hour-long set at a bar in Cosmo City, Johannesburg, before an audience of 100 people. Using professional DJ decks, he secured a Guinn

Prime Minister Andy Burnham emphasized Britain's role as a 'trusted partner' in the EU's 'Made in Europe' initiative, advocating against exclusion that could harm the UK's vital automotive sector. He highlighted the interdependent UK-EU automotive trade worth 80 billion and urged both sides to collaborate to avoid unnecessary trade barriers.

Elias 2-24 b is young enough that astronomers are seeing it before its planetary neighborhood has finished taking shape. Yet the planet is already roughly Jupiter-sized. It orbits about 55 times the Earth-Sun distance, far out in a disk where assembling such a massive world should be difficult and slow. That mismatch is what makes the discovery so intriguing: astronomers are not looking at an old planet and guessing how it formed. They may be watching a giant world grow in real time.

An NRI who spent 23 years in the US has shared why he eventually moved back to Mumbai, saying he felt safer there. After building a career in biomedical engineering, working in the pharmaceutical industry and starting a business, he decided to return following his father's death and to support his ageing mother. His account has drawn supportive reactions online.

Iran and the United States are hinting at the possibility of reviving negotiations to resolve their conflict. Both nations will be represented at the UN General Assembly, where discussions may take place. Diplomatic efforts may restart if the US announces a desire to resolve issues diplomatically. Iranian officials have indicated a willingness to ease tensions if their demands are met.

Oil prices fluctuated as Saudi Arabia prepared to restart its East-West pipeline, while traders watched diplomatic developments around efforts to reopen the Strait of Hormuz. Brent crude briefly fell below $98 a barrel on hopes of US-Iran talks and resumed Saudi exports, before recovering some losses after US President Donald Trumps UN speech. Brent stood at $99.66 a barrel at press time.

Brahma AI has successfully raised $150 million through preferred share issuance led by Multiples. This funding values the company at $2 billion post-money and aims to support product development and research initiatives. The company has been awarded a Technology & Engineering Emmy Award for its innovative AI-based technology. It is also preparing to launch interactive digital human applications across various sectors.

Afghan cyclist Fariba Hashimi won a silver medal in the women's road race at the Asian Games near Nagoya, Japan, after overcoming restrictions on women in Afghanistan and leaving the country following the Taliban's return to power in 2021. Hashimi, who once trained disguised as a man, said she hoped her medal would inspire Afghan women and future generations to pursue their dreams without fear.

Mandaadi has emerged as one of the biggest blockbusters in India this year. It has established itself as the fourth most profitable Tamil language film of 2026. Starring Soori and Telugu actor Suhas, the movie is currently breaking box-office records. The film has been acquired for streaming by streaming giant Netflix, as per reports.

In situations where banks are inundated with liquidity, the natural tendency among many lenders is to push loans and go down the credit matrix. The fear is that such aggressive lending to generate returns that cover the interest outgo on deposits and other costs may show up as sticky assets a few years down the line.

The government is carefully considering the Adani Group's request to start an airline, which could impact competition. There are concerns regarding the conflicts of interest due to cross ownership of airports and airlines. Existing airlines have opposed any relaxation of restrictions that could favor a single company like Adani. The Ude Desh ka Aam Nagrik scheme aims to boost regional connectivity by making air travel more accessible.

Trump called for the complete economic isolation of Iran in his UN speech, while saying he expected a deal with Tehran after the November midterm elections. Iran said it could reopen the Strait of Hormuz within seven days if US military pressure and the blockade on Iranian ports were eased. Trump also described Cuba as a failed state.

India and OPEC have called for closer cooperation to support a stable and predictable global energy market, with oil minister Hardeep Puri stressing the need for energy security and timely investment in the oil industry.

The state-owned general insurer holds 35.2 million shares, representing a 1.42% stake, in the country's largest stock exchange that closed its 22,562-crore initial public offer (IPO) on Monday.

Former FSSAI chief Pawan Kumar Agarwal has urged the Supreme Court to consider a phased rollout of front-of-pack food warnings, warning that the proposed nutrient thresholds could place labels on more than 94% of packaged foods and dilute their impact. His foundation suggested interim thresholds followed by stricter limits over three to five years, with mandatory labelling proposed from July 1, 2027.

The UK has decided to assist Saudi Arabia's military by providing defensive air-to-air refueling support. This agreement follows a request made by Saudi Arabia to enhance their operational capabilities against the Houthi militants. Prime Minister Andy Burnham confirmed that this military help would be the first of its kind from a foreign country. Saudi Arabia has also sought similar support from the Americans to bolster their defenses.

US midterm elections 2026: Forecasts suggest that Democrats could clinch around 226 seats in the House during the 2026 midterm elections, while the Senate election is shaping up to be a tightly contested affair. This period will be pivotal for Congress as it navigates funding the government and raising the debt ceiling for President Trump.

Its composition is being finalised and is likely to include a former Reserve Bank of India (RBI) deputy governor, industry leaders from the fintech sector and an Indian Banks' Association (IBA) nominee, said people familiar with the matter.

With a smaller share of customers carrying balances month to month, interest-bearing receivables are growing more slowly than transaction volumes, pushing issuers to convert purchases into EMIs, deepen personal loan-on-card offerings and extract more fee income from a business that is increasingly being used as a payment product rather than a borrowing product.

Samsung India reported a 36% drop in net profit driven by declining smartphone sales and increased costs. Revenue from operations experienced a slight 1.2% growth, but profitability remained under pressure. The smartphone business faced challenges with a 1.4% revenue decrease and a significant decline in exports. Despite the tough conditions, retained earnings improved compared to the previous year. Consequently, no dividends were recommended for FY26 amidst these operational changes.

Supreme Court on Tuesday questioned the wide gap between the price to retailer and MRP of some cancer medicines, calling inflated pricing a serious issue for patients and taxpayers. The bench said such disparities could lead to excessive costs under government health schemes and sought greater scrutiny of medicine pricing. The court was hearing a petition on generic prescriptions and price controls.

India's television distribution industry is moving towards app-based delivery amid changing consumer preferences and connected TV growth. Several companies are launching linear TV streaming services through apps on connected devices, which could reduce costs. Linear pay TV is losing subscribers while free TV and connected TV are gaining significantly. This shift is seen as an opportunity to reach urban consumers and combine live television with streaming content.

State agriculture minister Dattatray Bharane has confirmed a large contraction in the production of cotton and soybean, while the agriculture department has initiated an early crop assessment to calculate compensation as farmers are removing wilted crops from fields.

New genomic research has resolved a century-old debate over gentoo penguins, revealing four distinct species rather than one with several subspecies. The newly recognised Kerguelen gentoo lives on remote islands in the Southern Indian Ocean. Scientists warn that warming temperatures could shrink habitats for several island populations, making conservation increasingly important.

The government has extended the validity of environmental clearances for ports, harbours, breakwaters and dredging projects to 20 years from 10 years, with further extensions possible subject to safeguards. The move aims to support long-term port development and investment as India targets 10,000 MMTPA capacity by 2047. The change also covers eligible ongoing projects with active clearances.

The condition is part of a list of areas, including addiction and menopause, where Novo sees potential overlap with either its core scientific expertise or the skills it's recently built in selling prescription drugs directly to consumers.

The Indian government has included smartphone screen protectors under mandatory quality guidelines to improve product standards. Manufacturers now have six months to comply with these new regulations, which take effect in 2027. This initiative aims to protect consumers from low-quality imports, mainly from China, while boosting local production. Industry experts estimate that this move could create significant job opportunities and additional tax revenues.

Sitharaman made a strong pitch for better-governed family businesses and greater corporate spending on research and development. She said the next 20 years would require Indian businesses to move beyond the creation of startups towards building enterprises that could scale, professionalise and endure.

Gondal Taluka police in Rajkot district have initiated proceedings against 26-year-old Deep Virdiya, who allegedly set his overturned car on fire to create the appearance of accidental damage and claim insurance money. Police said petrol was poured over the vehicle before it was ignited, while Virdiya allegedly told investigators the fire was caused by a short circuit.

India co-sponsored the first-ever Partners for Multilateralism Summit at the United Nations with several other nations. External Affairs Minister S Jaishankar highlighted the need for more cooperative and transparent global governance. The summit addressed critical issues such as climate action, health preparedness, and international security. Additionally, a V4+India foreign ministers' meeting occurred, focusing on enhancing cooperation in various sectors.