The Economic Times

Aishwarya Rai wishes Amitabh Bachchan: Amitabh Bachchan turned 84 on October 11. Daughter-in-law Aishwarya Rai Bachchan wished him on Instagram with an unseen picture of him with granddaughter Aaradhya Bachchan. He also met scores of fans outside his residence and thanked well wishers on his blog.

Two Indian seafarers, Bir Bahadur Yadav and Amit Singh, are missing following a recent drone attack. The drone strike on MT Petro Dolphin occurred on October 11 while it was anchored near Oman. The Forward Seamen's Union of India urged authorities for updates and protection of merchant sailors in the region. The Indian Embassy in Oman is actively monitoring the situation and coordinating with relevant authorities.

INDIA bloc Delhi protest: High security measures are implemented in Central Delhi for the forthcoming protest march by the INDIA bloc. The march is aimed at addressing alleged electoral irregularities and the demand for the resignation of the Chief Election Commissioner. Various opposition leaders, including Rahul Gandhi, have appealed to citizens to participate in the agitation. Security personnel are strategically deployed and certain metro stations will remain closed during the protest.

Yemens Houthis have increased their attacks on Saudi Arabia, targeting Riyadhs main airport this weekend. These strikes resulted in significant casualties and increased pressure on Crown Prince Mohammed bin Salman. The escalation of hostilities raises concerns regarding potential US intervention and the collapse of a previous truce. Saudi Arabia's relationship with its allies may also be tested amid this ongoing conflict.

Leaders of the Cockroach Janta Party in Jharkhand faced intimidation while traveling to Delhi for protests. Several members noticed they were being followed by men in plain clothes on their train journey. One member, Khusboo Choudhary, abandoned her trip after receiving a warning from the TTE. Others also shortened their journeys, citing similar concerns over their safety. Despite this, at least 15 members managed to reach Delhi for the protests.

Delhi, Gurgaon, Noida, Ghaziabad rain: Delhi, Gurgaon and Noida woke up to rain and thunderstorms on October 12, 2026, bringing temporary relief from warm weather. Here's why it is raining after the monsoon and how long the IMD expects the wet spell to last.

Houthis claim strikes on Saudi airports, energy facilities; Trump says, 'attack not acceptable'

India's power transmission network is expanding, which is expected to create growth opportunities within the engineering sector. The integration of renewable energy and demand from data centres will drive the need for advanced power equipment. High-Voltage Direct Current (HVDC) technology will play a crucial role in this expansion. However, risks such as project delays and higher input costs could impact revenue growth.

Today navratri colour: Shardiya Navratri Day 2 is dedicated to Maa Brahmacharini. The day falls on Monday, October 12, and the colour of the day is white. Check Maa Brahmacharini puja vidhi, bhog, naam, beej mantra and wishes

Congress leaders Rahul Gandhi and Mallikarjun Kharge intend to organize a protest after being denied a meeting. They sought a discussion with CJI Surya Kant regarding the Special Intensive Revision of electoral rolls and other demands. Gandhi has called for a March for Democracy to take place in the national capital. Kharge criticized the government's handling of protests and the alleged police crackdown on peaceful demonstrations.

Freight rates for shipping US crude oil to China have recently eased after reaching record levels. The rate dropped to $634,974 per day, a decline after a period of increases. This was the first drop since early September, indicating a shift in market trends. Traders noted that high rates are making US crude less accessible for Asian refiners.

Yesterday India vs West Indies Match Result: India beat West Indies by 14 runs in the third T20I in Indore on Sunday. Abhishek Sharma made 69 off 30 balls, Arshdeep Singh took three wickets and India lead the five-match series 2-1.

Finance ministers and central bankers will meet in Bangkok to discuss challenges affecting the global economy this week. The key concerns include the economic fallout from the US-Iran war and rising inflation. Policymakers face difficult choices regarding spending and support for vulnerable populations amid growing financial pressures. Investment in artificial intelligence presents new opportunities and challenges, especially for developing nations. The meetings will shape responses to these ong

Delhi metro stations open or closed today: Delhi Metro has shut entry and exit gates at six stations till 4 pm on October 12 for security reasons. Interchange stays open at all six. Delhi Traffic Police has also listed 30 points with possible diversions. Here is the full station list and the latest DMRC update.

Jean-Luc Melenchon has celebrated the nationwide high school protests over education issues in France. He has called for lowering the voting age to 16 and ending selective university admissions. Melenchon aims to engage young voters while addressing their grievances with the educational system. His campaign also focuses on lowering the retirement age and canceling national debt. Melenchon believes that young people's political involvement will be crucial for the upcoming election.

An FIR has been filed against Congress MLA Jignesh Mevani and seven others for hindering police activities. The incident occurred while questioning Congress candidate Yunus Parmar regarding threats made to a BJP campaigner. The complaint states that Mevani and his associates created a commotion inside Pethapur police station during the investigation. They are also accused of attempting to incite communal tensions during the local elections.

In response to the climbing oil prices and a declining rupee, the Reserve Bank of India has initiated fresh strategies aimed at economic stabilization. These measures involve hiking hedging expenses and curtailing speculative maneuvers among firms. Over the weekend, foreign banks adapted to these reforms to better serve their clients. Allowing oil companies to directly buy dollars is a notable step to relieve demand strains.

US President Donald Trump and Secretary of State Marco Rubio are contemplating the dismissal of Ambassador Kimberly Guilfoyle. Reports have surfaced alleging her involvement in questionable and possibly illegal conduct while serving in Greece. Rubio's frustration has increased due to the mounting allegations since last month. Key congressional Democrats have called for an investigation into Guilfoyle's actions and behavior.

A federal judge ruled that President Donald Trump must cancel remaining television commercials funded by taxpayer money. The ads were challenged as an illegal use of funds for political propaganda, which violates federal law. The judge's restraining order prevents further development or airing of these advertisements during the order's duration. The Department of Homeland Security had used $20 million in appropriated funds for this ad campaign.

BP announced its withdrawal from the World Petroleum Council Energy Congress due to safety concerns in Riyadh. Missile attacks at the international airport resulted in fatalities and numerous injuries, prompting increased security measures. Despite BP's cancellation, the five-day energy conference continued as originally scheduled at a separate venue. Other major oil executives also reportedly withdrew from the event amid the ongoing unrest.

A bipartisan group of seven US senators has questioned the legality of President Trump's diesel import deal with Russia. They highlight Congress's ban on Russian energy imports established in 2022 due to the Ukraine conflict. The senators argue that Trump's decision violates this law and failed to communicate with Congress. Concerns arise over the potential financial benefits to Russia amidst ongoing civilian casualties in Ukraine.

Missile attacks by Houthi rebels have targeted King Khalid International Airport in Riyadh, resulting in multiple casualties. The Saudi-led coalition is responding to these escalated attacks as concerns grow over regional stability. Hospitals report injuries and fatalities among both civilians and military personnel from the strikes. Houthi forces have also claimed responsibility for other attacks in the region, intensifying the conflict.

Vincent Mortier, the chief investment officer of Amundi, reflects on the current state of Indian equities. He believes the recent decline in the market is a temporary issue related to negative narratives. Mortier identifies several potential catalysts for investment in India, including geopolitical resolutions and currency stabilization. He also discusses the intricate capital gains tax system affecting foreign investors' participation.

One Indian national has died due to the recent attack at King Khalid International Airport in Riyadh. Three other Indian nationals remain in stable condition in intensive care after being injured in the incident. The Indian Embassy has assured support for the affected families and thanked Saudi authorities for their medical assistance. Yemen's Houthi forces have claimed responsibility for several attacks targeting Saudi airports this week.

Iran-US War latest: The head of Irans Supreme National Security Council says Tehran finds the latest response from the United States insufficient as efforts at negotiations to end the war and fully open the Strait of Hormuz limp along.

The Ministry of External Affairs condemned drone attacks on two commercial vessels in the Strait of Hormuz. MT Petro Dolphin and MT Valthera were involved in separate incidents, leaving two Indian seafarers missing. Search-and-rescue operations for the missing personnel are actively being coordinated by authorities in Oman. Concerns over maritime security in the region have been raised, following several attacks on vessels in recent days.

In the US, parents tend to protect their assets for their own use in retirement, and choose to not spend it disproportionately on their childrens education or marriage. In India, there is a clear understanding that the assets accumulated by parents will be bequeathed by their children, for many of whom it is a major wealth transfer.

On Sunday, an attack on Riyadh's international airport led to one fatality and eleven injuries. This incident occurred following a prior strike claimed by the Houthis that caused numerous casualties. Saudi coalition forces reported intercepting multiple projectiles targeting various locations, revealing vulnerabilities in the kingdom's defense. The Saudi government has stated that air defenses are monitoring threats closely amid ongoing conflict.

Pennsylvania shooting: The 45-year-old gunman took his own life. Authorities have not released his name, but Erie Police Chief Rick Lorah said he was related to seven of the victims. The eighth was a friend of the pregnant woman, he said. Police have not made their names public, either.

With Indian mutual funds now holding 11.7% of domestic equities, they have overtaken foreign portfolio investors, whose share has plunged below 14% since May 2021. This emerging trend showcases the increasing influence of local investors, particularly in Nifty 500 companies. Moving forward, any revival in foreign investment will likely depend on corporate earnings bouncing back and navigating competitiveness in the broader Asian landscape.

US Judge's decision caps days of controversy over the taxpayer-funded advertisements, which were aired in the final weeks before the midterm elections.

US Weather update: Nearly a dozen local weather stations in the western North Carolina county reported torrential 24-hour rainfall totals from about 5 inches to as much as 9.57 inches at the fire/rescue station in Enola.

Nancy Guthrie's mystery disappearance has kept Pima County in the public eye and under scrutiny. With the case nearing nine months unsolved, local authorities face growing pressure for answers. Law enforcement is also responding to other serious incidents requiring their resources and attention. The ongoing investigation into Guthrie's case highlights the challenges of balancing multiple cases simultaneously.

Uday Shankar highlights that India's sports industry presents substantial long-term investment opportunities, particularly in cricket and others. He urges potential investors to adopt a longer timeframe beyond five years for returns. Shankar also notes that while cricket remains dominant, other sports are gaining significant audiences as well. The challenges include rising media-rights costs and competition with technology platforms. Furthermore, simplifying cricket formats could enhance viewer

Swan Defence and Heavy Industries Ltd is set to secure a major contract with state-owned companies for the construction of four dual-fuel ready Medium Range product tankers. By offering a more competitive price than Cochin Shipyard Ltd, SDHI has positioned itself favorably. This upcoming order not only bolsters the companys portfolio since it resumed operations but also heralds a new era for India's shipbuilding sector, propelled by government support.

American mathematician Mary Tsingou Nenzel helped develop a landmark physics experiment at Los Alamos in 1955, but her contribution was reduced to a footnote. More than 50 years later, her role gained wider recognition when the experiment became known as the Fermi-Pasta-Ulam-Tsingou problem. She died at her Los Angeles home in August 2026.

American mathematician Mary Tsingou Nenzel helped develop a landmark physics experiment at Los Alamos in 1955, but her contribution was reduced to a footnote. More than 50 years later, her role gained wider recognition when the experiment became known as the Fermi-Pasta-Ulam-Tsingou problem. She died at her Los Angeles home in August 2026.

Carlsberg India's operating consent for its Alwar brewery was revoked due to high particulate emissions. The brewery's pollution levels were reported to be eight times above the limit allowed. As a result, the company has been ordered to shut down the facility immediately. This closure could impact supplies in Rajasthan but occurs after peak summer season sales.