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The Economic Times

Top News / The Economic Times

Karnataka: MLC polls set for tight Congress-NDA contest in four seats

Polling for four Karnataka Legislative Council seats is scheduled, reflecting the sentiments of educated voters in the state. The ruling Congress party and the BJP-JD(S) alliance are closely contesting these elections, with significant implications for their political standings. Three sitting MLCs are seeking re-election, while the BJP has introduced a new candidate in one constituency. Chief Minister DK Shivakumar has directed ministers to campaign in various districts to emphasize importance.

21 Oct 2026 4:54 pm
Toyota Fortuner next-gen launch confirmed for December 1, check expected features, India launch date

Toyota's upcoming Fortuner is expected to retain its rugged SUV character while receiving a refreshed exterior, a more technology-focused cabin and additional safety equipment. The anticipated continuation of the 2.8-litre diesel engine and four-wheel-drive option could preserve its established appeal, while the expected 2027 India arrival will be closely watched by buyers considering premium SUVs.

21 Oct 2026 4:50 pm
Turkey, Qatar, Pakistan, Indonesia sign defence cooperation accord

Turkey, Qatar, Pakistan, and Indonesia have signed an agreement in Doha to improve defense collaboration. This agreement is aimed at enhancing defensive capabilities and supporting military exercises and training. It also involves cooperation in research and development for the defense sectors. The accord intends to strengthen joint efforts in developing the countries' defense industries. The signing event took place on Wednesday, as announced by the Turkish Defence Ministry.

21 Oct 2026 4:46 pm
Global Market: BOJ's Himino says Japan inflation near 2% target, signals further rate hikes

Bank of Japan Deputy Governor Ryozo Himino says underlying inflation is nearing the central banks 2% target, while accommodative financial conditions and rising cost pressures strengthen expectations of further interest rate hikes.

21 Oct 2026 4:46 pm
Celebrity dietitian Rujuta Diwekar shares three secret tips to look like Karisma Kapoor and stay fit even in your 40s, 50s or later

Celebrity nutritionist Rujuta Diwekar shares three tips for women to stay fit and healthy in their 40s, 50s and beyond, stressing exercise, balanced nutrition and healthy habits starting in their 30s.

21 Oct 2026 4:42 pm
Europes last penicillin plant faces a bitter fight against Chinas cheaper drugs

The Sandoz penicillin plant in Kundl, Austria, is under threat from cheaper Chinese antibiotic production. European healthcare programs benefit from the lower prices, which could jeopardize self-sufficiency. China's share of the EU penicillins market has rapidly increased in recent years. European policymakers are becoming increasingly concerned about reliance on China for essential medicines. The current dynamics highlight the significant trade challenges facing European pharmaceutical manufact

21 Oct 2026 4:36 pm
In 2018, Delaware dug about 1 million tons of rock from a shipping channel and put it underwater instead of discarding it; The new reefs became rich blue-mussel habitat

Delaware has successfully transformed dredged rock from a shipping channel into underwater habitats for marine species. This innovative approach supports the growth of blue mussels and enhances local ecosystems. The artificial reefs also contribute to recreational fishing and diving opportunities for the public. By recycling natural materials, the state has addressed habitat scarcity in soft-bottom marine environments. Overall, this initiative exemplifies effective environmental management throu

21 Oct 2026 4:30 pm
Indias growth story needs jobs to match the numbers, says ex-RBI Governor D Subbarao

Former RBI Governor D Subbarao has said India must make economic growth more employment-intensive, warning that rapid output expansion alone cannot deliver a demographic dividend. He called for greater private investment, labour-intensive manufacturing and improved skills, while urging transparent technical scrutiny of GDP estimates and differences with other economic indicators.

21 Oct 2026 4:28 pm
CAS swings: Niftys indicative price jumps 500 points in seconds, closes higher than pre-CAS level

The Indian stock market experienced notable volatility during the closing auction, marked by a steep selloff that wiped out more than Rs 8 lakh crore in market capitalization. Despite Sensex and Nifty ending higher than pre-CAS levels, investor sentiment remained cautious due to escalating bond yields and ongoing selling by foreign institutional investors.

21 Oct 2026 4:23 pm
In 1886, Thomas Edison bought a 15-acre estate in New Jersey's Llewellyn Park; today, Glenmont is the only home in the 420-acre community owned by the Park Service

Glenmont, a Victorian property acquired by Thomas Edison in 1886, serves as a significant historical site. It is located within the privately-owned Llewellyn Park community in West Orange, New Jersey. The estate is notable for maintaining a unique collection of artifacts that detail the Edisons' private lives. While the mansion is preserved by the National Park Service, surrounding areas are privately owned.

21 Oct 2026 4:20 pm
SBI data breach: Is your bank account safe? What was leaked and should you worry?

Country's largest bank, SBI, is investigating a suspected data leak involving 3,897 customer records identified on the dark web. Here is what information was exposed, whether your bank account is safe and the precautions customers should take.

21 Oct 2026 4:19 pm
Army Commanders' Conference begins, Rajnath Singh to release Land Warfare Doctrine

The three-day Army Commanders Conference began in New Delhi on Wednesday, with Defence Minister Rajnath Singh set to release the Land Warfare Doctrine, a framework to prepare the Army for evolving warfare and future conflicts. The October 21-23 meeting will review operational preparedness, capability development and modernisation initiatives.

21 Oct 2026 4:17 pm
In 1993, Believe singer Cher paid $1.5 million for a Miami Beach mansion; three years later, she sold it for $4.35 million, nearly triple her purchase price

Cher's iconic Miami Beach mansion, originally acquired for $1.5 million, experienced remarkable appreciation, selling for $4.35 million just three years later. By 2020, it re-entered the market and fetched a staggering $17 million, following several attempts at higher listings. This transformation exemplifies the allure of celebrity homes, whose unique charm and history make them attractive investment assets.

21 Oct 2026 4:10 pm
Jio Platforms' IPO-linked inflows boost rupee; elevated oil prices spur caution

The Indian rupee experienced a notable increase as Jio Platforms' IPO attracted significant foreign investments. Despite this strength, rising oil prices raised concerns among traders about the rupee's sustainability. The rupee closed at 94.46 against the dollar, with earlier gains trimmed by higher Brent crude oil prices. Analysts suggest that the upcoming RBI monetary policy might influence future exchange rates.

21 Oct 2026 4:07 pm
Defence Ministry signs 770 crore BEL deal for low-level surveillance radars for Army

The Ministry of Defence has signed a contract worth 770 crore with Bharat Electronics Limited for radar procurement. The Improved Low Level Light Weight Radar system can detect and track aerial threats including drones. This procurement aims to enhance India's air-defense capabilities and support indigenisation in the defence sector. It will also contribute to the growth of micro, small, and medium enterprises.

21 Oct 2026 4:06 pm
Polls in 5 states: Election Commission team in Manipur to review preparedness

The Election Commission has deployed a team of senior officials to Manipur to review preparations for assembly elections expected early next year in five states. Teams have also visited Uttarakhand, with Punjab scheduled for a review on October 28. The commission will conduct further assessments before announcing the election schedule.

21 Oct 2026 4:04 pm
MFs raise stakes in 10 stocks in Q2; shares rally up to 130% in FY27, including 3 multibaggers

Ten BSE 500 stocks have rallied between 59% and 129% in FY27 so far as mutual funds increased their shareholding in the September 2026 quarter. Cemindia Projects, Aditya Infotech and Aegis Logistics lead the list of gainers.

21 Oct 2026 4:01 pm
Republicans bet Musk's millions can rescue Texas' Paxton in US Senate race

Texas Senate race has become one of the most expensive in US history, with more than $500 million spent as Republican groups, backed by major donors including Elon Musk, seek to help Ken Paxton defeat Democrat James Talarico. With early voting underway, analysts say the focus has shifted from persuading undecided voters to mobilising supporters, while both parties battle over inflation, the Iran war and culture-war issues.

21 Oct 2026 4:01 pm
Since 2010, Maryland has reclaimed 308,500 bushels of discarded oyster shells for Chesapeake Bay restoration; its wider effort has planted billions of oysters

Maryland has repurposed over 300,000 bushels of used oyster shells since 2010, creating essential habitats for the growth of young oysters into thriving reefs. This project aims to restore the dwindling oyster population in Chesapeake Bay while enhancing critical underwater environments. To ensure the sustainability of these efforts, ongoing monitoring and protection of these habitats are paramount within the larger context of regional restoration actions.

21 Oct 2026 4:00 pm
Dilip Gavit leads India's gold-silver finish in men's 100m T47 event

Dilip Gavit secured the gold medal in the men's 100m T46/47 event at the Asian Para Games. Mohammed Morssinganakath Basil achieved a silver medal in the same event with a Games record time. Gavit finished with a time of 10.69 seconds while Basil clocked 10.72 seconds. In the men's 100m T64 event, Pranav Desai won a bronze medal, further showcasing India's athletic talent.

21 Oct 2026 3:58 pm
HR Team of the Year: Celebrating People strategies that drive business results

The ET HR Excellence Awards 2027 honors exemplary HR teams who significantly contribute to business growth through innovative talent management, robust employee engagement, and retention tactics. By acknowledging their tangible achievements, these awards provide organizations a stage to present their HR efforts and demonstrate their role in fostering improved workplace environments while achieving strategic objectives.

21 Oct 2026 3:56 pm
Could America elect its first Muslim senator? Michigan's high-stakes race may make history

Michigan's Senate race 2026 is drawing national attention as Democratic candidate Abdul El-Sayed seeks to become the first Muslim elected to the US Senate. The physician and former Detroit health official is running on healthcare, workers rights, higher taxes on billionaires and changes to immigration policy against Republican Mike Rogers in a closely watched contest.

21 Oct 2026 3:53 pm
Delhi-NCR invokes GRAP-I as AQI rises to 244, air quality likely to remain poor

The Commission for Air Quality Management has invoked Stage-I of GRAP across Delhi-NCR after Delhis AQI rose sharply from 179 on October 20 to 244 by 2 pm on October 21. With forecasts predicting poor air quality over the coming days, agencies have been directed to intensify anti-pollution measures.

21 Oct 2026 3:51 pm
BJP-ruled Centre took away people''s right to vote under SIR: Shashi Tharoor

Shashi Tharoor, a Congress MP, has raised concerns about 90 lakh deleted voter names in West Bengal. He emphasised that only a small fraction of appeals were addressed, with 91 percent deemed unjustified. The Congress party is demanding accountability and the resignation of Chief Election Commissioner Gyanesh Kumar. Tharoor announced a mega rally planned for November 1 at Ramlila Maidan to protest these issues.

21 Oct 2026 3:50 pm
In 2004, Florida researchers attached 36 recycled oyster shells to each reef mat; restored Mosquito Lagoon reefs later reached about 1,000 live oysters per m

Researchers along Floridas Atlantic coast are using recycled oyster shells to restore damaged oyster habitats. Restoration mats that include used shells are designed to create surfaces for juvenile oysters to settle. Within years, these restored areas achieved densities akin to natural reefs, indicating successful recovery efforts. The benefits extend beyond oysters, aiding in water purification and providing habitats for other marine life.

21 Oct 2026 3:50 pm
UP women turn a water-clogging weed taken from village ponds into handmade dresses for Lakm Fashion Week, wants to create livelihood opportunities for sex workers

Women in Biskohar, Uttar Pradesh, are turning invasive water hyacinth into handcrafted products, with designer Anurag Gupta showcasing their work at Lakm Fashion Week. The initiative aims to create livelihood opportunities for marginalised women, but sustained demand, fair payment and regular orders will determine whether the craft can provide dependable income.

21 Oct 2026 3:45 pm
GreatWhite brothers settle dispute as Mehul Shahs family buys Hemangs 50% stake

The ownership dispute at GreatWhite Global Pvt. Ltd. has concluded with a stake acquisition by Mehul Shah's family. Hemang Shah's family received approximately Rs 862 crore for their 50% share. This acquisition marks the end of a 15-year partnership between the two brothers. Disputes over management escalated into legal challenges before this resolution. The company is now under single ownership and continues to report significant revenues.

21 Oct 2026 3:45 pm
In 2020, Virginia created temporary seabird nesting habitat at Fort Wool and nearby barges; by 2021, royal tern nests there numbered up to 6,283

South Island, once a vital breeding ground for seabirds, suffered degradation due to construction activities. In a remarkable turn of events, Fort Wool was repurposed into a temporary haven for these birds. They adapted swiftly, leading to the establishment of thousands of nests and successful chick rearing. This project exemplifies how habitat restoration can thrive even amid development, offering a promising blueprint for future coastal conservation efforts facing habitat decline.

21 Oct 2026 3:40 pm
Sanofi healthcare receives CDSCO approval for Qftilia therapy for haemophilia patients in India

Sanofi Healthcare has obtained authorisation from the Central Drugs Standard Control Organisation for Qfitlia. This therapy is designed to prevent bleeding in haemophilia patients aged 12 years and older. Qfitlia offers unique protection for Haemophilia A and B patients, requiring only six injections annually. The approval follows promising results from the ATLAS phase 3 clinical trials. This advancement aims to enhance access to treatment options for patients in India.

21 Oct 2026 3:39 pm
Eternal Q2 Results: Profit soars 92% YoY to Rs 125 crore; revenue zooms 78%

Eternal Q2 Results: Eternal, the parent company of Zomato and Blinkit, reported a 92.3% year-on-year (YoY) jump in net profit to Rs 125 crore in the second quarter of FY27 (Q2FY27), compared with Rs 65 crore in the corresponding quarter of the previous fiscal year.

21 Oct 2026 3:36 pm
Virender Sehwags money lesson to sons: How a Rs 7,000 petrol bill taught Nawab of Najafgarhs kids the value of money

Virender Sehwag has shared a money lesson that every parent should teach kids. The Nawab of Najafgarh shares how a Rs 7,000 petrol bill taught his sons Aryavir and Vedant the value of money, sharing his advice on luxury, materialism and handling criticism.

21 Oct 2026 3:35 pm
Who is Stephen Hubbard? The 74-year-old American released from Russian detention

Vladimir Putin announced the release of Stephen Hubbard, an American detained in Russia for nearly three years. Hubbard was convicted of being a mercenary and had been imprisoned since 2022. His capture raised questions, particularly regarding his age and alleged involvement in the Ukraine conflict. The US State Department designated him as wrongfully detained, complicating diplomatic relations. Further details about the circumstances of his release remain unclear at this time.

21 Oct 2026 3:35 pm
Karnataka asks RSS to seek police approval for Vijaya Dashami route marches

Karnataka Home Minister Priyank Kharge has asked the RSS to obtain formal police permission for its proposed Vijaya Dashami route marches on Sunday, citing security, traffic and logistical requirements. BJP MLA S Suresh Kumar said the organisation has always secured clearance in advance. The debate comes amid a separate court ruling in Tamil Nadu.

21 Oct 2026 3:28 pm
US Iran war: Ship attacked near Strait of Hormuz, as per maritime agency

A ship was struck on Wednesday by an unknown projectile off the coast of Oman, near the Strait of Hormuz, sparking a fire, a British maritime security agency said. The Strait of Hormuz carried 20 percent of the world's oil and gas prior to the Middle East war, which erupted with US-Israeli strikes on Iran in late February.

21 Oct 2026 3:26 pm
Gujarat asks factories to curb power usage as demand surges

Gujarat state has requested factories to limit their electricity consumption during peak evening hours from 5 p.m. to 11 p.m. The call comes amid rising power demand driven by increased industrial activity and insufficient coal supplies. Several states are seeking short-term coal power through tenders to address the shortages. India's coal inventories at power plants have decreased significantly, resulting in widened gaps between supply and demand.

21 Oct 2026 3:23 pm
Commerce ministry organising FTA outreach initiatives to help states unlock export potential: Piyush Goyal

In a significant announcement, Commerce and Industry Minister Piyush Goyal introduced plans designed to optimize the use of free trade agreements (FTAs). These initiatives focus on expanding the global footprint of 'Made in India' products, aiming to bolster support for exporters. By teaming up with state governments, the initiatives will strive to tap into each state's unique export capabilities.

21 Oct 2026 3:23 pm
Order a charger, medicines or personal care items while travelling by train: Southern Railway partners with Blinkit to solve passengers' last-minute woes

Southern Railways Salem division has partnered with Blinkit to let passengers order essential items, including mobile chargers, personal care products, medicines and refreshments, through the app and collect them at designated points at selected railway stations during train halts.

21 Oct 2026 3:21 pm
Income tax audit report deadline today: How to check whether your CA has uploaded report on e-filing portal

Dont miss the deadline on October 21, 2026, for filing tax audit reports for Assessment Year 2026-27! Taxpayers can verify their report uploads on the e-filing portal. To complete the filing, they must collaborate with their chartered accountant to fill out Form 3CA-3CD or 3CB-3CD. After completion, the report needs to be accepted and e-verified from the Worklist to guarantee timely filing and acknowledgment receipt.

21 Oct 2026 3:21 pm
In 1912, Beulah Louise Henry patented a vacuum ice cream freezer; it became the first of more than 100 inventions that made her famous as Lady Edison

Beulah Louise Henry, often referred to as Lady Edison, was a groundbreaking inventor who created over 100 innovative products throughout her life. Her remarkable inventions encompassed an ice cream freezer, various sewing tools, and the first copy machine. Despite her lack of a formal engineering background, Henry adeptly safeguarded and monetized her creations. This highlights the ongoing challenges women inventors face, underscoring the critical need for diversity in innovation.

21 Oct 2026 3:20 pm
Sanju Samsons Rs 6 crore Kerala home has no over-the-top decor. It features white interiors, a pink garden, wooden floors, private gym

Sanju Samsons Kerala home is the epitome of elegant and serene. Although the home costs crores, the decor is minimalistic and warm, avoiding excess yet looking cosy. The talented cricketers abode is a testament that sometimes, prioritising a subdued, cosy look with warm, muted shades can also make your house appear elegant.

21 Oct 2026 3:16 pm
From France to Italy, Belgium and Spain: Housing crisis, rising costs, education fuel wave of protests across Europe

Protests against living costs and housing affordability have escalated across Europe, particularly affecting youth and workers. Countries such as Italy and Belgium have seen violent demonstrations, with numerous arrests reported. Spain is facing a housing crisis, prompting protests ahead of an upcoming election, while Portugal's demonstrations have echoed similar grievances. In France, public unrest began with students but has expanded to broader economic issues.

21 Oct 2026 3:14 pm
Global Market: European shares struggle for direction as France unrest weighs on sentiment

European shares remained stagnant amid escalating unrest in France, raising alarms over fiscal health and growth prospects. While some optimism was generated from positive earnings reports by companies like Randstad and EssilorLuxottica, a downgrading of Carrefour's earnings forecast dampened investor sentiment. Additionally, new consumer inflation figures from Britain added layers of complexity to the interest rate and economic stability outlook, resulting in a market atmosphere marked by uncer

21 Oct 2026 3:11 pm
Alaska ferry fares covered just 31% of operating costs over 10 years, while the state put in $82.6 million a year to keep coastal communities connected

Alaska's ferry system serves as a lifeline for 28 isolated communities, offering the only reliable transportation year-round. Currently, ticket sales only cover about 31 percent of operational costs, necessitating long-standing support from the general fund. With an aging fleet projected to require around $3 billion for updates, continuing to connect these coastal areas remains vital, even amidst financial difficulties and dependency on subsidies.

21 Oct 2026 3:10 pm