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The Economic Times

Top News / The Economic Times

CBI arrests Munitions India executive director, SMPP CEO in Rs 500 crore defence deal bribery case

The Central Bureau of Investigation arrested three individuals in an alleged bribery case. Anil Kumar, the executive director of Munitions India Ltd, was among those arrested. The case is linked to a 500 crore ammunition contract with SMPP Ltd. In total, the CBI seized about 2.23 crore in cash during searches across multiple cities.

14 Oct 2026 11:50 pm
NEET paper leak: CBI files first supplementary chargesheet; no govt, NTA official named as accused

Central Bureau of Investigation filed a supplementary chargesheet in the NEET-UG 2026 paper leak case. This chargesheet names one new accused, bringing the total to 14 individuals charged. The investigation continues without naming any NTA officials as accused in the case. CBI emphasized the presence of a larger conspiracy and organized paper leak gang. A re-test was initiated after the examination was previously canceled due to the alleged leaks.

14 Oct 2026 11:49 pm
SC told portal ready for July student protest violence complaints

A complaints portal is being developed to address grievances from protesters and police regarding the July protests. The Supreme Court has instructed the Ministry of Home Affairs to provide necessary infrastructure for the initiative. Complaints will be submitted anonymously to protect the identities of witnesses and complainants. Two templates will be available for protesters and police personnel wishing to file complaints.

14 Oct 2026 11:49 pm
Trouble in ties: Azerbaijan's ruling party slams Turkiye's governing AKP for encouraging conservatism

Azerbaijan's New Azerbaijan Party has criticized the ruling Justice and Development Party in Turkiye. This criticism stems from comments regarding headscarves for female students in Azerbaijani schools. The YAP emphasizes the need for Turkish political figures to respect Azerbaijan's sovereignty. They specifically mention the importance of understanding Azerbaijan's constitutional structure and legal framework. Such interference in internal affairs is viewed as regrettable by the YAP.

14 Oct 2026 11:45 pm
Marco Rubio's India visit begins from Sat as New Delhi awaits US decision on Russian oil import waiver

US Secretary of State Marco Rubio is scheduled to visit Mumbai and Jamnagar from October 17 to 22. He will engage with Indian officials on energy cooperation and investment opportunities. The visit follows a significant phone call between President Donald Trump and Prime Minister Narendra Modi regarding sanctions waivers for importing Russian oil. Rubio's discussions will focus on enhancing the strategic partnership between the two countries.

14 Oct 2026 11:44 pm
NITI Aayog proposes higher social discount rate for project appraisal

NITI Aayog's working paper suggests increasing the social discount rate to 9.23% for project appraisal up to 30 years. This proposal aims to redefine economic viability for a variety of public investment projects in India. The revision has implications for ministries involved in long-term ventures such as infrastructure and energy. The paper also recommends specific rates for projects extending beyond 30 years.

14 Oct 2026 11:44 pm
CJP chief Dipke announces Tricolour protest in Delhi tomorrow

CJP leaders Ashutosh Ranka and Saurav Das have been arrested for protesting with the national flag. Abhijeet Dipke, CJP founder, criticized the government for imposing an unofficial emergency. He announced plans for a tricolour protest in Delhi, questioning the legality of their arrests. Dipke expressed solidarity with the Congress party's upcoming march to Parliament as well.

14 Oct 2026 11:40 pm
India vs West Indies 4th T20I: Keemo Paul's five-for wrecks India's chase after Hope's ton as WI level series

Keemo Paul achieved a five-wicket haul, leading the West Indies to a 24-run victory over India. Shai Hope scored an impressive century, remaining unbeaten on 102 runs off 50 balls. India started strongly but lost momentum after losing key wickets in quick succession. A late partnership between Tilak Varma and Nitish Kumar Reddy briefly revived hopes for India.

14 Oct 2026 11:38 pm
West Bengal to become top investment destination: CM Suvendu Adhikari as new HPL plant opens in Haldia

West Bengal's Chief Minister Suvendu Adhikari announced plans to make the state an investment hub within the next year. New industrial and incentive policies will be introduced before Diwali to support this initiative. The HPL Adperma plant in Haldia, the largest of its kind, will enhance domestic chemical production. HPL is investing heavily in the new facility, which aims to strengthen Haldia's chemical manufacturing capabilities.

14 Oct 2026 11:34 pm
Yoo Ji-won, 25-year-old South Korean running influencer, dies just before finishing half marathon

Yoo Ji-won, an esteemed running influencer in South Korea, tragically lost her life during a half marathon, just moments from the finish line on October 11. Despite immediate medical assistance, she was declared deceased shortly after. Known for inspiring countless followers on social media with her running journey, this heartbreaking incident has prompted renewed discussions about safety regulations for sporting events.

14 Oct 2026 11:32 pm
Salman Khan says he is happy not marrying, hopes to have kids someday; recalls father Salim Khans advice on Karan Johars Koffee With Karan

In a candid episode of Koffee With Karan, Salman Khan shared his reflections on remaining single while nurturing aspirations of fatherhood. He emphasized the importance of privacy in personal relationships, recounting advice from his father on balancing public and private lives. Discussing themes of companionship and solitude, Salman also acknowledged the achievements of his peers in the film industry, weaving a narrative that contemplates marriage and personal choices.

14 Oct 2026 11:24 pm
Ukrainian President Zelenskiy says it is 'painful' for Trump to choose a different side

Ukrainian President Volodymyr Zelenskiy expressed his disappointment over Donald Trump's recent comments about Ukraine's leadership. He indicated that it is painful when Trump chooses to take a side that is not supportive of Ukraine. Zelenskiy acknowledged that while he is okay with Trump being neutral, he expects consistency in that stance. He also conveyed a sense of loss regarding Trump as a strong partner for Ukraine.

14 Oct 2026 11:18 pm
TVK, Cong, other INDIA Bloc constituents to stage mega protest to demand CEC's ouster

TVK, Congress, and other INDIA Bloc members will protest on October 15 in Chennai. They demand the removal of Chief Election Commissioner Gyanesh Kumar, citing a perceived attack on democracy. The protest marks the first involvement of TVK since joining the INDIA Bloc in October 2026. Key leaders from various parties will participate in the demonstration at Ramada Circle.

14 Oct 2026 11:18 pm
FBI says director Kash Patel in Virginia, not Russia

FBI Director Kash Patel attended a law enforcement appreciation event in Lynchburg, Virginia, on Wednesday. Reports emerged claiming he traveled to Russia for meetings hosted by the FSB. The FBI agency refuted these claims, stating that Patel was present at Liberty University. Video evidence showed him speaking at the event in Virginia. This clarification was necessary to address misinformation regarding his whereabouts.

14 Oct 2026 11:11 pm
India continues to advocate for stability in global energy market as US announces diesel deal with Russia

India's Ministry of External Affairs has reiterated its call for stability in global energy markets. Concerns were communicated to the US regarding the Sanctioning Russia and Iran Act of 2026. The legislation allows the US to impose tariffs on nations purchasing Russian energy under specific conditions. Additionally, the US announced a significant diesel deal with Russia, which could impact global energy dynamics.

14 Oct 2026 11:04 pm
Restrictions expose Ukraine's Starlink dependency in Russia war: Observers

As Ukraine faces significant constraints on the use of Starlink satellite internet amid its ongoing conflict with Russia, military operations are increasingly jeopardized, especially in terms of drone communication effectiveness. With winter approaching, the pressure mounts on air defense systems to address rising Russian drone threats. Ongoing discussions among officials regarding the reasons behind these limitations highlight concerns about the future of U.S.

14 Oct 2026 10:57 pm
Mizoram Chief Minister Lalduhoma discusses burdens of housing 40,000 displaced refugees amid political plans

Mizoram's Chief Minister Lalduhoma stated that providing shelter for 40,000 refugees from neighboring countries is a burden. He highlighted the state's efforts to manage financial liabilities inherited from previous administrations. The Chief Minister emphasized the importance of understanding border dynamics, particularly regarding tribal communities. Discussions with the central government show cooperation regarding the refugee situation despite challenges.

14 Oct 2026 10:45 pm
Attacks in Strait of Hormuz reach highest level since start of US Iran war, security data shows

At least ten vessels have been attacked in the Strait of Hormuz since Sunday amid ongoing conflict. Four vessels were struck on Tuesday while six were attacked on Sunday, marking the highest daily total. Two seafarers are missing, and a container ship has reportedly sunk due to these incidents. Merchant vessels have faced threats since March as Iran retaliates for US-Israeli strikes in the region.

14 Oct 2026 10:42 pm
India's cultural heritage receiving growing recognition at global level: PM Modi

Prime Minister Narendra Modi highlighted the importance of India's music, dance, cinema, and cuisine during a conference. The event, titled 'Brihattar Bharat', focuses on India's cultural connections and legacy across the globe. Modi mentioned preserving India's cultural and manuscript heritage through various government initiatives. The conference also marks the centenary of the Greater India Society founded in 1926.

14 Oct 2026 10:41 pm
Calcutta HC says opposition voice must not be stifled, questions CPI-M stall ban

Don't stifle the voice of other parties, that is not the spirit of democracy, Justice Saugata Bhattacharyya said while the court was hearing the CPI-M's plea to allow a bookstall on Jessore Road in Bongaon during the Durga Puja festival.

14 Oct 2026 10:24 pm
Jaishankar arrives in Abu Dhabi to attend 2nd Raisina Middle East Forum

S Jaishankar arrived in Abu Dhabi for a two-day visit to review the India-UAE Comprehensive Strategic Partnership. He was welcomed by UAE Minister Reem Al Hashimy and expressed his anticipation for discussions. Jaishankar will meet with his UAE counterpart, Sheikh Abdullah bin Zayed Al Nahyan, to focus on strategic cooperation and economic engagement. Additionally, he will participate in the Raisina Middle East Forum addressing regional geopolitical issues.

14 Oct 2026 10:18 pm
Trump says oil, gas and mineral exploration in Greenland is set to begin. It's not that simple

Donald Trump announced the beginning of exploration for oil and gas in Greenland which may alleviate energy concerns. Despite Trump's optimistic statements, resource extraction in Greenland has faced numerous challenges over the years. An agreement with Denmark and Greenland was signed to enhance Arctic security but lacks exploration rights. Legislators in Greenland have expressed environmental concerns over potential new permits for oil extraction.

14 Oct 2026 10:18 pm
10-year treasury: Why is US Bond market benchmark yield rising on Wednesday? What does this mean for economy, Fed Interest Rate?

U.S. bond market benchmark 10-year Treasury, saw its yield jump to 5.26 per cent from less than 5.17 per just before the inflation reports release on Wednesday.

14 Oct 2026 10:16 pm
'INDI alliance parties ruined PSBs': Sitharaman responds to Akhilesh's 'Season End Sale' remarks on IDBI-Fairfax deal

Finance Minister Nirmala Sitharaman addressed Akhilesh Yadav's criticism regarding the IDBI Bank-Fairfax deal and mentioned the UPA's past mismanagement. She accused the INDI Alliance coalition of harming public sector banks through crony capitalism and phone banking practices. In response, she highlighted how Yadav's party supported the UPA while banks were in distress. Sitharaman emphasized that the condition of banks reflects decisions made during the UPA era.

14 Oct 2026 10:14 pm
Safety of Indian seafarers, tankers raised in Doval's conversation with Iranian counterpart, says MEA

National Security Advisor Ajit Doval engaged in a phone conversation with Mohsen Rezaei regarding regional security concerns. They specifically addressed the safety and security of Indian seafarers and tankers in the Gulf. India condemned recent attacks on civilian infrastructure in Saudi Arabia, calling them unacceptable. Discussions regarding potential bilateral trade agreements with the United States were also highlighted.

14 Oct 2026 10:13 pm
One-Punch Man Season 3 Part 2 coming soon: Check release date, plot, and other details

One-Punch Man Season 3 Part 2 is officially scheduled for a thrilling release in January 2027, diving deeper into the Monster Association Saga. The newly unveiled trailer showcases epic confrontations between the Hero Association and formidable monsters endangering humanity. Beloved S-Class heroes like Tatsumaki are poised for key contributions as the saga unfolds.

14 Oct 2026 10:13 pm
Nine ways the Trump administration could interfere with the midterms

US President Donald Trump has made efforts to exert control over the upcoming midterm elections. Many election officials are preparing for potential disruptions and challenges that could arise. Trump's history of contesting election outcomes and urging supporters to act complicates the electoral landscape. Federal investigations and other interventions could influence voter confidence and result certifications.

14 Oct 2026 10:11 pm
Supreme Court likely to hear Rahul Gandhi and other INDIA bloc leaders plea against ECIs SIR decisions tomorrow

The Supreme Court is likely to hear a petition filed by Rahul Gandhi and 12 other INDIA bloc leaders challenging the Election Commissions decisions on the special intensive revision (SIR) of voter rolls, tomorrow.

14 Oct 2026 9:37 pm
IPO ahead! Paramotor Digital Technology files updated draft papers with Sebi for Rs 1,000 crore issue

Paramotor Digital Technology has filed updated draft IPO papers with Sebi for a Rs 1,000 crore issue, comprising a fresh issue of Rs 698 crore and an offer for sale of Rs 302 crore. The fintech company plans to use the proceeds primarily for customer acquisition, technology development and business expansion.

14 Oct 2026 9:34 pm
Canada sees scope for more investments in India after Fairfax-IDBI bank deal, says Minister Sidhu

Canada's Minister of International Trade has noted the investment potential between Canada and India in infrastructure development. Following IDBI Bank's sale, Canadian companies aim to expand their presence in key sectors. The need for building additional airports in India presents opportunities for Canadian expertise in infrastructure and aviation. Canadian pension funds are also participating in several Indian infrastructure projects.

14 Oct 2026 9:34 pm
HDB Financial Q2 profit climbs 34%, NIM improves year on year, eyes stronger disbursements in H2

HDB Financial Services reported a 34% year-on-year increase in Q2FY27 net profit to Rs 780 crore, supported by higher net interest income, loan growth and lower credit costs. The lender expects festive demand and stronger disbursements to drive growth in the second half and declared an interim dividend of Rs 2 per share.

14 Oct 2026 9:32 pm
Navratri 2026 Day 5 Colour: Maa Skandamata, puja vidhi, bhog, fasting foods, mantra and wishes to share on WhatsApp

Shardiya Navratri 2026 Day 5: On October 15, 2026, Navratri Day 5 will honor Maa Skandamata. Devotees will don vibrant yellow attire to reflect joy and positivity. The celebrations will begin with an early morning puja, featuring offerings of flowers and fruits. Traditional fasting delights will include bananas, potatoes, and assorted grains. Families will exchange blessings and messages wishing for prosperity and happiness during this auspicious occasion.

14 Oct 2026 9:30 pm
Paul Newmans looks did not impress Joanne Woodward at first, she called him 'an ad for an ice cream soda'. How their romance unfolded and stayed together for 50 years

Paul Newman and Joanne Woodward's enduring marriage spanned five decades, marked by their devotion amid life's trials and public interest. They first crossed paths on a Broadway stage, forming a bond rich in mutual respect. Their family values shone brightly as they nurtured three daughters and engaged in charitable initiatives, including Newman's creation of the Hole in the Wall Gang Camp for sick children.

14 Oct 2026 9:27 pm
Ahead of Market: 10 things that will decide stock market action on Thursday

Sensex and Nifty ended lower on Wednesday as investors booked profits after the previous sessions rally, with caution ahead of US inflation data weighing on sentiment. Market participants will track global cues, crude oil prices, foreign investor flows and stock-specific developments on Thursday, alongside buying and selling trends across key counters.

14 Oct 2026 9:21 pm
Who blew up the Nord Stream pipelines? Germanys sabotage trial reopens Europes biggest energy mystery years after the Baltic Sea explosions

On October 14, a trial commenced in Hamburg for Serhii Kuznietsov, a former Ukrainian military officer. He is accused of organizing the explosions that damaged the Nord Stream pipelines. The proceedings could reveal important details and implications for Ukraines role in the incident. Germany navigates complex diplomatic considerations as it investigates the sabotage. The trial is expected to last several months as the prosecution presents its case.

14 Oct 2026 9:21 pm
CBI arrests Munitions India Limited official, SMPP CEO in defence leaks-for-money case

The CBI has arrested Anil Kumar, Munitions India Limited executive director, and SMPP CEO Ashish Kansal. They are charged with accepting bribes and leaking sensitive defense information related to a major supply contract. Cash amounting to over Rs 2.2 crore was recovered during searches at various premises. Additional individuals connected to the case are also implicated for their roles in the conspiracy.

14 Oct 2026 9:20 pm
IND vs WI, 4th T20I: Shai Hope's dream run continues with fourth ton of tour, Windies post 247/3 against India

Hope, who had slammed two centuries in the ODIs, a series they lost 2-1, has kept WI's hopes of levelling the series alive with his third T20I ton, the most by a West Indies batter. With his fourth ton and fifth fifty-plus score of the tour, Hope is leading the white-ball team from the front.

14 Oct 2026 9:19 pm
Gopalan Aerospace to scale drone output to 500 a month; Rs 75 crore spent of Rs 100 crore plan

Gopalan Aerospace India plans to raise its drone production from 25 units to 500 monthly. The company aims to expand its product lines, particularly in unmanned aerial vehicles and loitering munitions. A new production line has been launched at the Hoskote facility to support scaling efforts. Gopalan Aerospace India expects to generate around $50 million annually at full capacity.

14 Oct 2026 9:18 pm
Abhishek Banerjee vows legal fight up to Supreme Court after 6-hour police questioning

Abhishek Banerjee, a member of the Trinamool Congress, underwent six hours of questioning at a police station. This inquiry is linked to a billboard controversy that occurred on August 27. Banerjee expressed his intention to pursue legal action up to the Supreme Court if necessary. He also condemned an attack on former Chief Minister Mamata Banerjee involving a knife.

14 Oct 2026 9:08 pm
Weather Tomorrow October 15: IMD predicts rain, thunderstorms and heavy showers across several states; check forecast for Delhi, Bihar, Haryana and more

Weather Tomorrow: On October 15, the India Meteorological Department warns of shifting weather across parts of India. Delhi will see overcast conditions with moderate rainfall and thunderstorms possible. Meanwhile, Haryana and Himachal Pradesh might experience warm weather combined with rain and storms in certain locations. On the other hand, Bihar is expected to enjoy predominantly dry and sunny weather.

14 Oct 2026 9:07 pm