The Economic Times

Nikhil Kamath advice for startups: The Zerodha co-founder expressed agreement with a warning that startups should raise capital soon due to uncertain conditions. A social media post highlighted the importance of securing enough money for the next one or two years. Indias funding environment is experiencing a decline in deal volume but an increase in total funding amounts. The focus is shifting towards larger funding rounds amidst challenging market conditions.

Israel Consulate in Mumbai hails flydubai pilot Smit Machchhar as a hero after flight FZ1073 made a sharp emergency descent and diverted to Saudi Arabia following an alleged attempt to crash the Israel-bound aircraft.

Chip City, the cookie chain famous for its adventurous flavors, has shuttered its three locations in Connecticut, reflecting a troubling trend for cookie outlets nationwide. The closures result from evolving consumer tastes and various economic pressures. The absence of any Connecticut listings on their website suggests a definitive withdrawal. However, Chip City continues to delight customers in New York, New Jersey, and Texas.

In 2010, a major fundraising campaign sought to protect 138 acres at Cahuenga Peak, the land behind the iconic Hollywood Sign, from potential development. The effort required $12.5 million, but organizers were still $1 million short when Playboy founder Hugh Hefner contributed $900,000. Other major donors, that includes Tiffany & Company Foundation and Aileen Getty, also supported the campaign.

Bob Hopes distinctive Palm Springs residence, popularly called as his UFO house, eventually found a new owner after years on the market. Originally listed for $50 million in 2013, the unusual estate finally sold for $13 million to billionaire Ronald Burkle, a venture capitalist and philanthropist,as per TopTenRealEstateDeals.com. Designed by architect John Lautner for Hope and his wife, Delores, in 1973, the 23,000-square-foot property features a curved structure, floor-to-ceiling windows and ci

Star Indian trap shooter Neeru Dhanda has been named India's women's flag-bearer for Sunday's Asian Games closing ceremony after a stellar campaign in which the ace trap shooter won two gold medals and a team silver, making her one of the country's most successful athletes at the continental event.

Apple has introduced a replaceable nano-texture cover layer for the inner display of its upcoming iPhone Duo. Users will be able to refresh the layer if it wears down or becomes noticeable over time. The replacement cost for customers with AppleCare+ will be $19, though prices for others remain undisclosed. Pre-orders will open on October 16, with the device available in stores from October 23.

Nike has faced significant challenges under Elliott Hill, who was brought out of retirement to stabilize the company. Despite efforts to rebuild relationships with retailers and focus on sports products, revenue continues to decline. The company announced job cuts and projected further declines in sales and profit for the upcoming fiscal year. Nike is also contending with performance issues in its markets, particularly in China.

Amrinder Singh Raja Warring has resigned from his position as Punjab Pradesh Congress Committee president after high command pressure. His resignation followed demands from several state Congress leaders, including former chief minister CS Channi. Warring's exit reflects the central leadership's attempts to appease dissenting party factions.

An Indian techie shared on Reddit that he cleared his Rs 40 lakh education loan in 10 months after moving to the US for an MS in Computer Science. He said he went from a tierless university in India to a top 10 US university and later started working with the US State Government as a Data and ML engineer. His story drew praise and humour online, with one user joking that he repaid the loan faster than a Netflix subscription.

Gold Rate: On October 1, 2026, a shift was observed in the gold market as prices fell at key jewellery outlets in India. In Delhi, Tanishq offered 22k gold jewellery at Rs 13,725 per gram, a decrease from Rs 13,755 previously. Malabar Gold & Diamonds also reported rates of Rs 13,680 per gram.

Indian carrier SpiceJet praised Captain Smit Machchhar for his actions during an in-flight incident involving a co-pilot attack. The airline expressed wishes for his complete recovery after the heroic event on flydubai Flight FZ1073. SpiceJet acknowledged Machchhar's decade-long service and exemplified the values held by the airline. He is recognized as a hero by his colleagues and many individuals worldwide.

Jim Carrey has tied the knot with his longtime love, Min Ah, according to the latest report. Their relationship has remained mostly under wraps, with few public outings. At the Csar Awards, the actor passionately praised Min Ah as his 'sublime companion.' Read on!

The Supreme Court stayed the death penatly of an Indian Mujahideen operative in connection with the 2008 Ahmedabad serail bomb blasts that killed 56 people. The top court called for the trial court records in the case. The High Court had earlier upheld the death sentence after highlighting the scale of the atrocity and directed the Gujarat government to pay compensation to the victims.

A Patna consumer commission has ordered SpiceJet to pay Rs 85,816 to a senior citizen after repeated flight delays made his family miss a connecting flight, rejecting the airline's bad weather defence for lack of proof.

Captain Smit Machchhar demonstrated exceptional bravery during a hijacking attempt on a Flydubai flight. He thwarted his co-pilot's attack and opened the cockpit door, allowing others to assist. The incident involved 180 passengers whose lives were at risk due to the crisis. Ajay Singh, Chairman of SpiceJet, praised Machchhar's courage and competence in handling the dangerous situation.

JSW MG Motor India reports that it has registered 19 per cent growth year-on-year (YoY) in wholesale dispatches to dealers at 8,018 units in September this year. The trend highlights sustained consumer interest in the company's product portfolio which includes MG Hector Tomahawk EV and PHEV. The company has also dispatched MG Hector Tomahawk EV to dealerships across India, with ongoing customer deliveries.

Govind Krishnan from Kerala left conventional school at 10 to study the Vedas at a gurukula in Thrissur. He later returned to regular schooling, cleared JEE, studied electronics and communication at IIST and was selected to join ISRO. His unusual journey reflects how he balanced traditional Vedic education with modern science and technology.

Highway Infrastructure shares jumped after the company secured toll operations orders worth Rs 254 crore from UPEIDA and NHAI. The key order, worth Rs 220.66 crore, involves toll collection and plaza operations on the Gorakhpur Link Expressway, along with deployment of patrol-cum-safety vehicles.

Captain Smit Machchhar displayed incredible bravery after being attacked by his co-pilot aboard Flydubai Flight FZ1073. Despite serious injuries, he managed to unlock the cockpit door, allowing others to intervene. His actions prevented a potential tragedy and saved the lives of 174 passengers on board. Indian leaders and aviation officials praised Machchhar for his extraordinary courage during the incident.

Amitabh Bachchan recently appeared on Kaun Banega Crorepati while seated, having sustained a knee injury during a previous shoot. Despite the discomfort, he actively hosted the show and engaged with contestants. The superstar took to social media an shared an update as well. Read on.

Tennessee death row inmate Christa Pike was executed but complications arose following two lethal injections administered. Her legal team argued that she did not receive proper medical care during the execution process. A judge confirmed that medical staff had begun providing emergency care, indicating serious issues with the procedure. Pike, convicted of murder in 1996, has consistently maintained her mental health issues were a factor in her actions.

We thought we wouldnt make it: Passengers recount Flydubai flight FZ1073 hijack ordeal

A fresh rift has emerged within Tata Trusts over Tata Sons proposed reorganisation, with Sir Dorabji Tata Trust vice chairmen Venu Srinivasan and Vijay Singh saying they were not consulted before a letter supporting the plan was sent to Tata Sons. The trustees questioned the process, governance implications and whether the communication represented the collective position of the trust.

Indias first indigenous hydrogen-powered train could soon be extended to Delhi after seeing limited passenger traffic on its existing 89-km Jind-Sonipat route in Haryana.

Bank of Japan policymakers saw scope for faster interest rate hikes as persistent inflationary pressures raise concerns about price growth exceeding the central banks 2% target. A summary of its September meeting showed support for further tightening, although some policymakers argued against rushing and stressed the need to monitor economic developments.

Japan's Nikkei share average soared to a six-week peak, buoyed by chip sector stocks after favorable earnings guidance from Micron Technology. The Nikkei 225 surged 2.28%, while the broader Topix remained relatively stable. Nevertheless, various stocks within the Nikkei faced downturns, particularly in finance. Analysts are wary about the durability of AI stock gains amid Micron's forecasts, with monetary policy talks suggesting possible interest rate hikes, creating market uncertainty.

US President Trump announced South Korea's intention to invest $54 billion in an Alaska natural gas project. The project aims to connect Alaska's North Slope to a liquefied natural gas export terminal. While Alaskan Senator Dan Sullivan supports the initiative, South Korean officials remain cautious about the investment's commercial viability. Trump seeks to bolster Republican candidates facing competitive races ahead of the midterm elections.

Shares of Bajaj Auto and Mahindra & Mahindra (M&M) came under pressure after their September auto sales data, with Bajaj Auto falling nearly 6% and M&M hitting a fresh 52-week low. Bajaj Auto reported a 12% decline in domestic two-wheeler sales, although a 34% jump in exports lifted overall two-wheeler sales by 5% year-on-year to 4.51 lakh units.

A serious explosion occurred at Mangalore Refinery and Petrochemicals Limited, causing one fatality and injuring eight individuals. Karnataka Minister UT Khader visited the site to assess the situation and announced an investigation. The incident, which took place in the hydro sulphur treatment unit, left one worker dead and others receiving treatment. Emergency teams successfully controlled the fire following the explosion with no further casualties reported.

BJP member PK Krishnadas accused Congress activists of attacking his vehicle in Thiruvananthapuram. Following a previous attack on the BJP district president, a protest march was organized in Neyyattinkara. Krishnadas claimed that during his journey, Congress activists broke his car window. Additionally, BJP leader Kummanam Rajasekharan alleged that Youth Congress members threw liquor bottles at the BJP state office.

Jefferies indicates a modest growth outlook for IT companies in Q2 FY27, primarily fueled by acquisitions. Large IT firms are predicted to struggle, anticipating a mere 0.5% QoQ growth. Stocks such as TCS, Wipro, and HCL Tech are rated as underperforming with significant downside risks. In contrast, Infosys holds a steady hold rating with minimal upside, while mid-sized firms are expected to excel compared to their larger counterparts.

Samajwadi Party chief Akhilesh Yadav indicated that several BJP MLAs are in contact with his party. He mentioned the challenges in accommodating these MLAs within the party structure. Yadav stated that the SP plans to maintain largely the same allies for the upcoming Uttar Pradesh elections. The Congress party is also seeking unity among opposition factions to address electoral concerns.

Japanese government bond yields rose across most maturities on Thursday, following US Treasuries higher as investors weighed inflation risks and Bank of Japan rate-hike timing. While long-term JGB yields climbed on rate tightening expectations, two-year yields ticked lower following recent debt auction demand.

Baththa, directed by Balaji Tharaneetharan, features Vijay Sethupathi and Lijomol Jose in lead roles. The film follows a gangster's life-altering experience with an eight-year-old boy in a restroom. Audience reactions highlight the mix of humour, emotions, and crime elements in the narrative. Music composer Sai Abhyankkar's work has also received positive feedback for enhancing the film. Read on!

US Secretary Pete Hegseth announced the formation of Project Meridian to study future warfare strategies. Elon Musk will co-lead this initiative alongside Palmer Luckey and Newt Gingrich. The project aims to explore and identify key domains and technologies relevant to warfare. It has a strict 120-day deadline to provide findings to military leadership. Hegseth also introduced the Autonomous Warfare Command, emphasizing the need for advancements in military technology.

Jefferies has maintained a Buy rating on six hospital stocks, including Apollo Hospitals and Fortis Healthcare, following a sharp correction driven by regulatory concerns over drug and consumable price caps. The brokerage expects strong fundamentals and strategic price adjustments to help limit long-term EBITDA impact.

A social media post by Ankit Pandey sparked debate after he claimed an employee was fired for confronting HR after discovering a colleague earned Rs 33,000 for the same role, compared with her Rs 27,000 salary. Pandey attributed the difference to negotiation and hiring factors, while netizens debated whether employees should accept pay gaps, question unequal compensation or handle salary concerns more strategically.

The Rs 108.35-crore Nityas Gems & Jewellery IPO entered day 2 of bidding with a 20% overall subscription and a 7% grey market premium. Brokerage Anand Rathi assigned a Subscribe for Long Term rating, citing exposure to lab-grown diamond jewellery despite fully priced valuations.

The powerball has continued to increase the jackpots every time there is no ticket that matches the six-number combination in a particular drawing. This strategy has resulted in some amazing prizes throughout the years. The largest prize ever to be won in the Powerball is the astounding $2.04 billion in 2022.

Kotak Mahindra Bank shares will be in focus after the lender appointed Anup Kumar Saha as its new MD and CEO for a three-year term starting January 1, 2027. Saha will succeed Ashok Vaswani, who has opted not to seek reappointment. Here's what brokerages Nomura and Jefferies said about the leadership transition, its implications for the bank's strategy and investor sentiment.

Michael Jordan's Game 3 jersey from the 1998 NBA Finals recently sold for a record $12.26 million. This sale surpassed the previous amount of $10.091 million for another of Jordan's jerseys. The jersey was part of Jordan's final championship season with the Chicago Bulls, marking a significant moment in sports history. The auction was conducted by Joopiter, a digital auction house founded by Pharrell Williams.

US Trade Representative Jamieson Greer opened a two-day G20 trade ministers' meeting in Milwaukee addressing key issues. During the event, Greer emphasized the need to rethink global trade governance and identified four pressing priorities. Union Commerce and Industry Minister Piyush Goyal participated actively, promoting India's position on trade agreements alongside his counterparts. The discussions included initiatives concerning steel overcapacity, forced labour, and the Most-Favoured-Nation