The Economic Times

Municipal Corporation of Delhi ordered sealing of illegal constructions over four floors. Strict action will be taken against officials allowing such structures to be built. This decision followed a building collapse in South-West Delhi which killed five people. Ten individuals were rescued from the collapsed structure while an FIR was registered. Student activists protested MCD's negligence regarding safety compliance in paying guest accommodations.

Iran will raise gasoline prices for users exceeding 110 liters monthly starting Tuesday. The price for the third quota will increase to 100,000 Iranian rials per liter. This change aims to address economic challenges and sanctions impacting the nation. Consumers using less than 110 liters will maintain current subsidized rates. The government postponed a broader price hike due to potential public unrest.

The death toll from the Satya Niketan building collapse has now reached six people. Search and rescue operations continue at the site to clear heavy debris. Questions are being raised about building safety and construction norms in Delhi. Officials and political leaders have commented on the incident and its implications. Calls for accountability and improved disaster management plans have been made.

The far-right AfD party secured a significant victory in Saxony-Anhalt state elections. This win places the party closer to state-level power for the first time. Chancellor Friedrich Merz's conservatives experienced a substantial electoral setback in this election. The AfD's agenda includes strict immigration limits and altered Russia relations. This outcome reflects widespread dissatisfaction with Germany's current ruling coalition.

Quote of the Day by Idris Elba is a reminder that ambition becomes most powerful when it is personal. Rather than competing endlessly with other people, individuals can create their own standards for growth and measure progress against their own history. The journey may take years, include unexpected turns and produce achievements that look different from what was originally imagined.

A five-storey building housing a boys' hostel collapsed in Satya Niketan on Sunday afternoon. Five students died and many others were trapped inside the structure during the incident. Repair work was underway in the basement when the building suddenly gave way. The AIIMS trauma centre received ten patients, with four brought dead. Delhi's chief minister has ordered a magisterial probe into the collapse.

India voted for a UN resolution promoting accurate world maps. The nation stressed that Jammu and Kashmir and Ladakh must be shown correctly. Any inaccurate or misleading depiction of these territories is unacceptable. India's position on its territorial integrity remains clear and firm. The UN resolution encourages equal-area map projections for landmass representation.

Srinagar will host a four-day international film festival starting Monday. Around 135 films from 40 countries will be screened at the event. Prominent Bollywood personalities and international filmmakers are expected to attend. The festival aims to promote film tourism and reassert connections with Bollywood. Panel discussions and masterclasses will also be part of the festival's program.

Quote of the day by Meghan Markle: As women, it is one hundred percent our responsibility to support and uplift each other. Meghan Markle emphasised the importance of women supporting and uplifting one another. This powerful message encourages collaboration over competition among women. Her 2019 remarks highlighted the importance of solidarity and shared progress. Supporting others can help create stronger communities and foster mutual success.

A three-year roadmap from July 2026 to July 2029 has been prepared for a drug-free India. This mission mode initiative involves coordinated efforts between the Home Ministry and state governments. The plan focuses on intelligence, precursor control, demand reduction, and capacity building. Financial investigations and international cooperation will target drug kingpins and fugitives. Border agencies will enhance surveillance to curb drug trafficking across all entry points.

India and China held their first Corps Commander-level meeting in Arunachal Pradesh on Sunday. This significant military discussion occurred amid ongoing troop buildup and border tensions along the LAC. The meeting followed national security advisor Ajit Doval and Chinese foreign minister Wang Yi's talks in Beijing. Two additional meeting points and border military hotlines were established for eastern and middle sectors.

Iran's top security official has announced that the country will be establishing a new restricted zone in the Persian Gulf. This move comes amid ongoing tensions in the region, raising concerns about potential disruptions to vital shipping lanes and international maritime traffic. The exact details and implications of this new zone remain unclear.

The Reserve Bank of India is currently grappling with a notable liquidity dilemma due to a surge in FCNR(B) scheme inflows. To navigate this, a pivotal variable rate reverse repo auction is set to influence the liquidity management strategy. The central bank may also utilize measures such as dollar swaps and bond sales.

Punjab government employees and pensioners are intensifying protests over pending Dearness Allowance arrears. They are demanding the implementation of the Old Pension Scheme and other service-related issues. Protests include gheraoing ministers' residences and a statewide maha rally planned for October. A two-day mass leave is scheduled for October, which will halt government operations. This agitation impacts nearly 3.8 million voters, posing a challenge for the ruling Aam Aadmi Party.

In the wake of disasters, the question of accountability often arises and blame shifts from leaders to the very citizens they serve. This tendency to evade genuine responsibility fosters a culture of finger-pointing rather than constructive discussion. A recent statement from the Nepalese foreign minister underscores this phenomenon where natural forces are excused from criticism, revealing the inclination of humans to externalize fault instead of confronting underlying issues.

Israeli strikes killed seven people in southern Lebanon on Sunday. The Lebanese health ministry reported two women died in Arab Salim. A separate drone strike killed three more people in Nabatieh al-Tahta. Lebanon's president called the strikes a dangerous escalation targeting civilian areas. He held Israel responsible and urged international action to stop violations.

Russian industrial firms aim to boost manufacturing through technology transfers. They will showcase products and technologies at the upcoming Innoprom.India exposition. This joint industrial event precedes the BRICS Summit and explores sector cooperation. Ministers from both Russia and India will attend the main plenary session. Discussions will focus on deepening strategic partnerships and expanding bilateral trade.

Russia has not ruled out a trilateral meeting with United States and China presidents. Discussions on the meeting's agenda and expected outcomes are necessary first. Kremlin aide previously raised the possibility of this summit at an upcoming event. Organizing such a meeting depends on the summit hosts and diplomatic preparation. Bilateral meetings for President Putin are also planned during the summit.

Slovenian Proverb of the Day highlights the meaning of In shaping ones own fortune one should not rely on the help of others, as they are also concerned mainly about their own matters. The saying reflects the importance of self-reliance, personal responsibility, independence, and taking initiative in life. It suggests that while support from others can be valuable, people should not depend entirely on someone else to create their opportunities or determine their future. Everyone has their own re

Eleven days post the catastrophic floods in Nepal, search teams are tirelessly looking for those still missing. Authorities are confronted with the tough task of identifying casualties, as many bodies are severely affected. Approximately 5,000 people, including several foreign nationals, are still unaccounted for after the ice-rock avalanche. The nation seeks international assistance and advocates for climate justice while striving to restore basic services and repair the widespread damage.

In a notable revision, Turkey has elevated its inflation forecast for the end of 2026 to 28.4 percent, a figure that surpasses last year's estimates. The adjustment has been attributed to the repercussions of the Middle East war. While inflation is expected to taper off to nine percent by 2029, government strategies are believed to be playing a pivotal role in this declining trend.

Thousands of US sailors departed Thailand after a five-day port call. The USS Abraham Lincoln concluded its visit near Pattaya on Sunday. Local businesses hoped for economic benefits from the sailors' presence. Authorities increased security and cracked down on sex workers before their arrival. The port call ended largely without incident, according to police officials.

Two United Kuki National Army militants were killed in Manipur's Churachandpur district. Security forces launched an operation after receiving specific intelligence about a militant camp. The militants opened fire indiscriminately on the approaching security personnel. A joint team of the Army and Assam Rifles destroyed the camp after the exchange. The UKNA group is not part of any Suspension of Operations agreement.

The Enforcement Directorate is seeking financial details from the Cayman Islands. This action is part of a money laundering investigation into the Trinamool Congress party. The agency is probing funds allegedly transferred through an offshore entity for aircraft acquisition. The ED suspects funds from the party's corpus were used for these purchases. The Trinamool Congress has denied all allegations of financial irregularities.

India's foreign tourist arrivals are projected to plateau this year, influenced by rising oil prices from ongoing global conflicts that have increased travel costs for many. Industry professionals urge the need for renewed marketing initiatives abroad, while the Federation of Associations in Indian Tourism and Hospitality forecasts only 8-9 million foreign visitors by 2026, still falling short of pre-Covid levels, indicating a persistent challenge for India's tourism sector.

Manipur's final electoral rolls reveal women voters continue to outnumber men. The state now has 19,60,620 registered voters, with women comprising the majority. This significant gender ratio of 1,056 exceeds the national average. The qualifying date for these rolls was July 1, 2026. Final rolls for all 60 assembly constituencies have been published.

Haier India has achieved over one billion dollars in revenue, marking significant growth. The company's sales reached 9,974 crore in fiscal year 2025, a 21% increase. Net profit also rose by 8% to 517 crore, demonstrating strong financial performance. Haier India is now the third-largest home appliance maker, surpassing competitors. The company is focused on expansion and strengthening its market position.

Indian Immunologicals confirmed no counterfeit Abhayrab vaccine batch was exported. Four individuals were arrested by Delhi Police after seizing fake vaccine vials. The manufacturer stated all vaccine batches undergo independent testing and government certification. This ensures vaccines reach patients through regulated and authorized supply chains. Previous counterfeit batches had triggered international health authority alerts for travelers.

Swatantra Bhardwaj was remanded to one day of judicial custody by a duty magistrate. He was detained by Delhi Police Crime Branch in Bulandshahr on September 4. Bhardwaj faces charges in an FIR concerning the attempt to murder Sanjay Azad. The accused was produced via video conferencing due to security concerns. He will appear before the concerned court on Monday for further proceedings.

Customs officers must now manually check import documents for healthcare products. This manual verification applies even to facilitated imports cleared by the risk system. The Central Board of Indirect Taxes and Customs issued this directive on September third. A gap in the SWIFT 2.0 digital system necessitates this manual document check. The Central Drugs Standard Control Organisation requested this action to ensure regulatory compliance.

Quote of the Day by Taylor Swift: Taylor Swifts quote, Never believe anyone who tells you that you don't deserve what you want, explores the importance of self-belief, confidence, ambition, and personal worth. The quote suggests that people should not allow others doubts or negative opinions to determine what they can achieve or whether they are worthy of their dreams. It encourages individuals to trust themselves, recognize their value, and continue pursuing meaningful goals despite criticism,

India secured one billion dollars from the International Finance Corporation for banks. This funding will provide long-term credit to small businesses and financial institutions. The facility will address a key gap by offering loans of up to seven years. It aims to galvanize MSME capital expenditure investment and support modernization.

During his address at the TOI Social Impact Summit 2026, MP Ahammed, the Malabar Group chairman, highlighted how his business aligns with the 'Make In India' campaign. He stressed the importance of quality assurance in operations. The Malabar Group plans to invest 200 crore in CSR activities for 2026-27, focusing on critical areas like education, hunger relief, healthcare, and the empowerment of women.

In bridging India's educational divide, technology plays a crucial role rather than exacerbating it. Adaptive learning platforms customize experiences, allowing students to progress at their unique pace. Initiatives like Cyient's in government schools have significantly boosted girls' enrollment and minimized dropout rates. Malabar Gold's micro-learning centers target children in urban slums, while Educate Girls champions open schooling to reintegrate adolescent girls into education.

In a groundbreaking effort to bridge the digital divide, various organizations are leveraging technology and AI to empower marginalized communities. The Reliance Foundation translates weather alerts into accessible local languages, while the Maker Bhavan Foundation fosters innovation in smaller cities through AI-supported training. Schneider Electric India champions the necessity of hands-on skills amid AI progress, and NASSCOM Foundation promotes the idea that AI should complement human roles,

Broader inclusion needs genuine ownership and representation beyond numerical targets. A village woman named Nakusa achieved land ownership, showcasing economic empowerment. Women's economic aspirations can include modest, reliable incomes they control. Corporations and NGOs focus on marginalized groups like rural women and disabled individuals. Stronger partnerships between sectors are essential for impactful projects.

India is evolving from merely responding to disasters to focusing on mitigation and building resilience. This transformation emphasizes reducing adverse effects through strategic planning and enhancing community coping mechanisms. The Reliance Foundation spearheads numerous community-driven initiatives across multiple states, employing technology, including AI-driven risk management, to facilitate this essential shift. These innovations empower communities with the knowledge needed to safeguard

A five-storey building collapsed in south Delhi's Satya Niketan area. Five students died in the tragic building collapse incident this afternoon. A multi-agency rescue operation continued through the night for trapped individuals. President Droupadi Murmu expressed deep sadness and offered condolences. She also prayed for the swift recovery of all injured persons.

ITC chairman Sanjiv Puri advocates for sustainability and inclusive growth in business. He stated economic progress must align with societal and environmental value creation. Corporates must go beyond shareholder value, meeting stakeholder and regulatory demands. He highlighted global challenges like climate crisis and geopolitical turmoil. Puri called for joint efforts from government, corporates, and civil society.

The significance of gold in India's circular economy is on the rise, with various stakeholders prioritizing transparency and trust in gold sourcing. Malabar Gold & Diamonds caters to a remarkable eighty percent of its demand through recycled gold. Meanwhile, younger consumers are increasingly seeking knowledge about gold's ethical origins. Furthermore, the financialization through gold ETFs and loans bolsters support for households and ventures alike.

Chinese scientists have created PhosCage, a material that captures uranium from seawater. This new substance performs significantly better than existing benchmarks set by the US Department of Energy. The material shows promise for future nuclear fuel sourcing from the world's oceans. Researchers developed a bead form for practical deployment and reuse in marine environments. This breakthrough offers a potential new pathway for securing nuclear fuel supplies globally.

Anne Hathaway's wisdom underscores the importance of self-love in curbing the urge to please others. Continuously chasing approval from external sources can diminish one's happiness and sense of well-being. Cultivating genuine self-respect empowers individuals to establish healthy boundaries and make decisions that resonate with their true selves. Neglecting personal needs for the approval of others can spiral into feelings of resentment and burnout.

Quote of the Day by Nicolas Cage: Nicolas Cages quote, I think it's no secret that I've tried to take chances in my career and also in my life, and I believe to not live in fear, explores the importance of courage, risk-taking, and embracing uncertainty in life. The quote suggests that people should not allow fear to prevent them from pursuing opportunities, experiencing new things, or making bold choices that can lead to personal growth and meaningful experiences.

Arsenal secured a crucial victory against Chelsea in their Premier League title defense. Kai Havertz equalized for Arsenal after Morgan Rogers had given Chelsea an early lead. Martin Odegaard scored the winning goal in the second half for Arsenal's third win. Manchester United twice led Everton but conceded a late equaliser to draw. Ainsley Maitland-Niles scored a stunning goal in added time to rescue a point for Everton.

Quote of the day by Thomas Merton presents happiness as something cultivated rather than captured. It is not a prize waiting at the end of a perfect career, a certain income level or an endless series of exciting experiences. It is a way of living that allows ambition and rest, achievement and gratitude, solitude and connection, joy and difficulty to exist within a larger sense of harmony.

Delhi building collapse: At least 5 dead, 11 rescued as rescue operations continue

Innovative researchers have created an innovative seismic damper that utilizes steel balls and friction to mitigate the vibrations caused by earthquakes. Not requiring electricity or sophisticated electronics, early trials indicate a remarkable damping ratio of around fourteen percent. With its straightforward design, the device presents a cost-effective solution for earthquake safety. Additionally, this groundbreaking technology can aid in retrofitting older structures, enhancing their resilien