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The Economic Times

Top News / The Economic Times

19 injured after train and coach collide at France's channel tunnel terminal

A collision occurred between a freight train and a coach in Coquelles, northern France. At least 19 individuals sustained injuries, but none of the injuries were life-threatening. The local prefect's office confirmed the injuries and dispatched emergency services to the scene. Among the injured was the coach driver, who was involved in the accident. Authorities are investigating the incident and have yet to provide further details.

16 Oct 2026 1:59 am
India-US trade pact in last leg of legal drafting, says Piyush Goyal

India is currently in the final stages of legal drafting for a trade agreement with the US, which is expected to be operational soon. The agreement, following sessions with US trade representatives, aims to ensure preferential access for Indian exporters. Indian officials hope for tariff stability and seek resolution on outstanding issues before the deal is signed.

16 Oct 2026 1:47 am
Southwest monsoon exits India with 13% rain deficit

The southwest monsoon made its withdrawal from the entire country, which was expected this year. The northeastern monsoon has begun over Tamil Nadu, Puducherry, and other southern regions of India. Rainfall was recorded over Tamil Nadu, with many areas experiencing heavy downpours in the last 24 hours. The monsoon season concluded with a 13% deficit in rainfall, below the long-term average. The India Meteorological Department reported a total of 759.

16 Oct 2026 1:46 am
India's September goods exports rise 23% as imports hit six-month low, narrowing trade deficit

India's goods exports surged by 23% in September, totaling $44.4 billion, supported by significant gains in electronics, petroleum, and engineering goods. At the same time, imports rose by only 8%, leading to a reduced trade deficit of $30.21 billion. This export growth reflects a sustained positive trend in the second quarter of the current fiscal year. Notably, gold imports fell sharply by 81.27%, impacting overall import figures.

16 Oct 2026 1:43 am
Saudis intercept Houthi missile in Medina region

A cruise missile was intercepted by the Saudi-led coalition in Medina, which is a significant religious site. The Houthis refuted claims of targeting the region, maintaining their promise to avoid holy cities. Recent attacks by Houthis have increasingly targeted Saudi Arabia, with notable strikes in Riyadh. Consequently, a planned EU-Gulf summit in Riyadh has been postponed due to ongoing tensions.

16 Oct 2026 1:38 am
'Trump may Finalise Russia Sanctions Law in 10 Days': Sergio Gor

US President Donald Trump will decide on the Sanctioning Russia and Iran Act affecting India's oil purchases. The US ambassador indicated that discussions would continue during Secretary of State Marco Rubio's upcoming visit. India has expressed concerns that tariffs could harm bilateral relations amidst ongoing trade negotiations. While progress has been made, remaining issues need resolution before a trade deal can be finalized.

16 Oct 2026 1:37 am
Were done, says Zelenskyy as Kyiv hits Moscow refinery

Ukraine has returned to attacking Russian oil refineries after President Volodymyr Zelenskyy stated that patience had worn thin. The ceasefire on energy targets, which was supported by Donald Trump, is effectively over due to Russia's continued attacks. Six Russian Su-34M military aircraft have been damaged in a Ukrainian strike. Meanwhile, Russian diesel exports are starting to reach global markets as the Kremlin announces a new agreement.

16 Oct 2026 1:29 am
Aamir Khans co-star reveals her family never had enough money to pay taxes: My mother sold chutneys to run the house

Sonali Kulkarni, one of the better known faces in the silver screen in the 2000s, recently opened up on her childhood. She revealed how her upbringing had been humble and her mother used to prepare food and chutneys to run the household, and the family never earned enough to pay taxes.

16 Oct 2026 1:24 am
Mistry Objection Not Valid, say two Tata Trusts

Two Tata trusts, Sir Dorabji Tata Trust and Bai Hirabai Jamsetji Tata Navsari Charitable Institution, challenge Mehli Mistry's objections. Mistry claims irregularities in trustee appointments, while the trusts deny any illegal actions. Both trusts assert that his term expired and he no longer qualifies as a trustee. Additionally, the BHJTNCI seeks to replace its reporting trustee, leading to further legal disputes. Proceedings on these matters are set for November 5.

16 Oct 2026 1:23 am
KFC signs Coca-Cola on as new beverage partner, ditching PepsiCo

KFC has officially signed a partnership agreement with Coca-Cola to provide beverages at its restaurants. This deal marks the end of KFC's long-standing relationship with PepsiCo, which is facing sales challenges. Coca-Cola products will be available in KFC locations across the United States starting in spring 2027. The announcement was first reported by The Wall Street Journal, indicating significant industry changes.

16 Oct 2026 1:22 am
Dubai bets $1.4 billion on a new financial district after Gulf war slowdown

Dubai is advancing a significant $1.4 billion real estate project, which includes hotels and office spaces. Although property transactions have been impacted by regional tensions, prices remain relatively stable in the market. H&H Development has begun construction with a workforce of 30,000 on-site, aiming for completion by 2028. Despite lower sales, about 85% of the branded residences have been sold for high prices.

16 Oct 2026 1:18 am
SC ruling deals a heavy blow to Yes Bank's risk equity capital

Yes Bank is facing a significant reduction in its Common Equity Tier-1 capital buffer following a recent Supreme Court ruling. The court reversed the earlier write-down of over $800 million related to additional Tier-1 bonds. Analysts suggest that this verdict could lower Yes Bank's CET1 ratio to approximately 11-11.5%. The bank is currently analyzing the judgment to assess the final impacts on its financial standing.

16 Oct 2026 1:18 am
Indias creator economy evolves into a media powerhouse, says YouTube India MD Gunjan Soni

Gunjan Soni announced that India's creator economy is transforming as creators develop professional media businesses. YouTube's ecosystem made significant contributions to the GDP, supporting nearly a million jobs in 2025. The export of Indian culture is growing, with creatives reaching international audiences through various formats. AI is positively impacting productivity for creative workers, and investments in technology are urged. Collaboration is essential to advance the opportunities with

16 Oct 2026 1:16 am
Markets will push the US to act constructively: Nouriel Roubini

Nouriel Roubini highlighted the significance of India's emerging economy during a recent event in Dubai. As the US seeks a constructive trade relationship with India, economic pressure is expected to guide policymaking. India is seen as vital due to its large domestic market and skilled workforce. The country needs to achieve near 9% growth to address job creation challenges amid AI advancements.

16 Oct 2026 1:12 am
HDFC, ICICI Prudential, Tata Mutual Fund halt fresh investments in gold ETFs ahead of festive season

Tata Mutual Fund, HDFC Mutual Fund and ICICI Prudential Asset Management Company have restricted fresh investments in their gold fund-of-funds (FoFs) ahead of the festive season. Existing investors can continue their registered SIP instalments and redeem their investments.

16 Oct 2026 1:08 am
Russian diesel wont help US, it shows double standards on India: Margarita M. Balmaceda, Professor at Seton Hall University

Margarita M. Balmaceda examines the hidden dynamics of energy dependency between Russia and other nations. The discussion highlights Russia's role as a 'Trojan horse' in energy politics. Recent diesel deals between the US and Russia may have limited short-term benefits for American consumers. Additionally, the implications of these deals could adversely impact Ukraine's situation. This situation reflects a troubling double standard in international energy relations.

16 Oct 2026 1:07 am
Mortgage rates: Why has long term US home loan rate hit highest level in 3 years. Check impact on home loan borrowers

US Home Loan rate: The recent string of mortgage rate increases snapped as the 10-year Treasury yield pulled back from its highest level since 2002.

16 Oct 2026 1:04 am
Homegrown firms enter budget smartphone market as memory chip prices rise

India's budget smartphone market is opening up for local brands as global companies reduce their presence. Rising memory chip prices have significantly impacted entry-level smartphone production costs. Homegrown companies Ai+ and Lava are gaining traction in this competitive segment. Micromax plans to re-enter the smartphone market by evaluating various strategies. Brands aim to leverage the government's financial incentives under the Mobile Phone Manufacturing Scheme to succeed.

16 Oct 2026 1:03 am
Blinkit delivery partner rescue injured puppy after road accident, give it a home at warehouse and take it along on deliveries

A puppy, seriously hurt in a road accident, found a second chance thanks to the compassionate Blinkit delivery partners. After being nursed back to health, the puppy now enjoys life in their local warehouse, frequently joining in on delivery runs. This heartwarming tale was shared by a professional on LinkedIn, capturing the attention of many social media users who praised the generosity of the delivery team.

16 Oct 2026 12:56 am
Canada ministers step up outreach to boost ties

Canada is actively working to enhance its relationship with India through a comprehensive economic partnership agreement. In a significant move, Canadian ministers visited India to discuss various collaboration opportunities. Prime Minister Narendra Modi highlighted the need for sustained bilateral engagement to achieve tangible outcomes. A large trade delegation from Canada is also in India to bolster economic ties. These developments reflect Canada's strategic shift to diversify its trade part

16 Oct 2026 12:56 am
DoT mandates telecom operators to display KYC-registered names for incoming calls starting November 1

The Department of Telecommunications mandates telecom operators to show KYC-registered names with incoming calls from November 1. This initiative aims to reduce cyber fraud, phishing, and unwanted commercial calls. The amendment to Caller Line Identification will officially include Caller Name Identification for subscriber convenience. Trials and consultations informed the decision, involving both operators and civil society groups.

16 Oct 2026 12:55 am
PSG brings embattled Man City down to earth after pre-match show of defiance in the Champions League

Manchester City showcased a celebratory pre-match fireworks display before facing Paris Saint-Germain in the Champions League. The first half saw PSG dominate, taking a commanding lead with three goals. City managed a spirited second-half comeback, scoring two goals but ultimately fell 4-2. Former City manager Pep Guardiola witnessed the match from the stands as the team faced serious challenges.

16 Oct 2026 12:54 am
How to recover hacked Instagram account even if login details have changed: Steps to regain access and protect your profile

Has your Instagram account been hacked, with your password, email address or phone number changed? There are ways to regain access to your profile using Instagrams official recovery tools, identity verification and security options. Heres how to recover a hacked Instagram account, what to do if you can no longer log in, and the steps to protect your profile from future attacks and recovery scams.

16 Oct 2026 12:52 am
Robust pipeline: Hotel chains look beyond metros for growth

India's hospitality sector is set to add 161,074 branded hotel rooms over the next five years. Approximately 117,000 of these rooms are currently in active development across various locations. Notably, four in five new rooms will be situated outside major hospitality markets, including tier-2 and tier-3 sites. In FY26, the industry reported steady occupancy rates and increases in average daily rates.

16 Oct 2026 12:45 am
India, Russia coordinate on Afghanistan

Delhi and Moscow are coordinating their strategies to combat extremism and cross-border terrorism in Afghanistan and Pakistan. Russia's foreign intelligence chief Sergei Naryshkin recently met with Afghan intelligence head Mawlawi Abdul Haq Wasiq in Kabul. They discussed the implications of deteriorating Afghanistan-Pakistan ties and coordinating approaches against terror threats. Additionally, Russia's Deputy NSA met with his Indian counterpart for further discussions.

16 Oct 2026 12:44 am
Why are Americans losing trust in religion and the church but still believe in ghosts, curses and magic

Researchers found that some Americans trust science while also believing in ghosts, curses, and magic. The study analyzed responses from 1,812 adults, highlighting a complex relationship between faith and reasoning. People valuing secular rationalism may still hold supernatural beliefs if they maintain religious connections. About 28% of religious service attendees who believe in God also lean towards magical beliefs.

16 Oct 2026 12:42 am
Lionel Messi's new 88-foot yacht boasts 2,000 horsepower, 4 guest cabins and a jet ski garage; how it links to his $11 million Florida mansion

Lionel Messi has ordered an 88-foot Sunreef ULTIMA 88 luxury catamaran, being built in Ras Al Khaimah, UAE. The yacht features 2,000 horsepower, four guest cabins, a dedicated jet ski garage and an Ocean Lounge. The order has also drawn attention to Messi's nearly $11 million waterfront mansion in Fort Lauderdale, Florida, which reportedly has 70 feet of water frontage and two private boat docks.

16 Oct 2026 12:38 am
Luxury car buyers lose most GST 2.0 benefits as Mercedes, BMW and Audi raise prices

Luxury carmakers such as Mercedes-Benz, BMW, and Audi have increased vehicle prices after a GST cut. The price hikes are a response to rising input costs and a weakened rupee against major currencies. Despite this, luxury car sales in India are projected to grow by about 11% by 2026. This growth trails the broader Indian passenger vehicle market, which is estimated to advance 13-14% this year.

16 Oct 2026 12:38 am
PM Modi unveils Rs 3,300 crore projects for Ladakh

Prime Minister Narendra Modi inaugurated projects worth 3,350 crore aimed at improving Ladakh's infrastructure and connectivity. A new passenger terminal at the Kushok Bakula Rimpochee Airport in Leh was included in the projects. The modern terminal will accommodate 35 lakh passengers each year to enhance travel convenience. Ladakh representatives condemned China's land claims asserting their region's historical independence.

16 Oct 2026 12:32 am
ECI finally restores special summary revision of electoral rolls for Gen Z voters

Election Commission of India has announced the resumption of the special summary revision of electoral rolls. This decision affects 17 states and Union Territories and ensures new voter registrations. Integrated draft electoral rolls will be published on November 12, allowing time for claims and objections. Final electoral rolls are scheduled for publication on January 4, 2027, aligning with upcoming assembly polls.

16 Oct 2026 12:29 am
Jammu & Kashmir High Court bans fuel-powered motorboats and jet skis on Dal Lake to curb pollution

Jammu & Kashmir and Ladakh High Court recently issued an order banning fuel-powered motorboats and jet skis on Dal Lake. Chief Justice Pushpendra Singh Bhati and Justice Rajesh Sekhri enforced the ban in response to a petition. The court directed relevant authorities to ensure compliance with this order promptly. The banning of these vehicles aims to protect the ecological balance of the lake.

16 Oct 2026 12:23 am
Defence Ministry may suspend dealings with SMPP

The defence ministry plans to suspend all business dealings with SMPP due to an ongoing CBI investigation. Allegations involve bribing officials to secure a significant contract with Munitions India Limited. The new guidelines allow immediate action following an FIR from the CBI or other agencies. Consequently, all allied firms and partners may also face suspension under these rules.

16 Oct 2026 12:22 am
Auto companies ride on a low base to deliver robust 22% sales in September

Car sales in India saw a 22% increase in September due to dealers stocking up for festivals and strong demand. Two-wheelers and three-wheelers also experienced growth of 13.5% and 16% respectively during the same month. The overall sales for passenger vehicles increased by 28.3% in the first half of FY27. Automakers remain hopeful about continuous demand amidst ongoing geopolitical challenges.

16 Oct 2026 12:21 am
Imran Khan told to leave India by October 28 for participating in protest

Actor Imran Khan, a US citizen, has been ordered to leave India by October 28 due to his involvement in a protest. The Foreigners Regional Registration Office stated that foreign nationals cannot participate in protests in India. BJP leaders have accused Khan of foreign interference, while the Opposition supports him. A case has also been registered against Khan by Mumbai Police.

16 Oct 2026 12:18 am
SC to hear Maharashtra SIR plea on Oct 26; refuses to issue notice

The Supreme Court in New Delhi has scheduled a hearing on October 26 for a plea related to electoral roll discrepancies. Senior advocate Arvind Datar claimed that about 12 million voters in Maharashtra have been flagged for inconsistencies. Additionally, 40.6% of voters in Pune and some areas were reportedly excluded from the rolls. The court emphasized that allegations must be examined on a state-by-state basis.

16 Oct 2026 12:16 am
Supreme Court issues notice to ECI, CEC, ECs on Rahul Gandhi, other INDIA bloc leaders' petition challenging SIR

Supreme Court has issued notices to the Election Commission regarding a petition filed by Rahul Gandhi and others. The petition challenges the decisions related to the special intensive revision of voter lists. The court is seeking an explanation from a petitioner regarding conduct during a recent march. It is addressing the need for transparency in the electoral process and examining the deletion of voter names.

16 Oct 2026 12:10 am
OBT Sports & Entertainment partners with World Chess Champion D Gukesh

OBT Sports & Entertainment has formed a partnership with World Chess Champion D Gukesh to manage his brand. This exclusive deal will focus on brand endorsements, commercial strategy, and content collaborations. Gukesh aims to explore meaningful opportunities beyond chess while maintaining his individual values. The partnership seeks to elevate his profile as a recognized young sporting personality in global markets.

16 Oct 2026 12:09 am
Converts from Hindu can't claim quota on previous status: SC

The Supreme Court ruled that converts from Hinduism cannot claim reservation benefits from their previous caste status. This decision followed a Tamil Nadu government's appeal against a Madras High Court judgment. The High Court had allowed such claims for Hindu converts to Islam from marginalized communities. However, the Supreme Court emphasized that conversion does not automatically confer membership in another backward-class community.

16 Oct 2026 12:07 am
Street Fighter OTT release details: When and where will the iconic video game's live-action adaptation stream after theatrical run

Street Fighter, the live-action adaptation of the iconic video game franchise, is set to hit theatres on October 16, 2026, bringing fan-favourite fighters Ryu and Ken Masters back to the big screen. Starring Andrew Koji, Noah Centineo, Callina Liang and David Dastmalchian, the film follows the fighters as they reunite for the World Warrior Tournament, where a larger conspiracy threatens to turn the competition into a dangerous battle.

15 Oct 2026 11:59 pm
Supreme Court seeks responses from Rahul Gandhi, Akhilesh Yadav, Mahua Moitra over October 12 march

Supreme Court has issued notice regarding petitions aimed at regulating demonstrations around judicial complexes, including criminal contempt allegations against political leaders. Law enforcement agencies were directed to preserve CCTV footage from the October 12 protest. The protests arose from concerns over electoral roll irregularities and demands for the resignation of the Chief Election Commissioner.

15 Oct 2026 11:58 pm
Diwali 2026 home decoration ideas: Want to decorate your home on a budget? Try these 4 easy DIY ideas using fairy lights, old dupattas and flowers

As Diwali approaches, its the perfect opportunity to transform your home into a sanctuary of light and color. Utilize your creativity by filling old glass jars with fairy lights or sewing with leftover fabrics for a personal touch. Fresh flowers create stunning, simple centerpieces. Instead of purchasing new diyas, consider refreshing existing ones through paint, concentrating on essential decor to cultivate a festive atmosphere while staying within budget.

15 Oct 2026 11:54 pm
BBC asks judge to force Trump to sit for deposition in his own lawsuit against the channel

Lawyers for the BBC have requested that President Donald Trump appear for a deposition in their defamation lawsuit. They claim that Trump has postponed an agreed-upon deposition date, citing national importance as the reason for his absence. The BBC has expressed concerns about the delays affecting their ability to gather evidence for their defense in the case.

15 Oct 2026 11:53 pm
Govt revises windfall gains tax for petrol and diesel exports

The central government has increased the windfall tax on petrol exports to Rs 2.5 per litre. Simultaneously, the windfall tax on diesel has been reduced to Rs 8.5 per litre. These adjustments will be effective from October 16, as announced by the central board of indirect taxes and customs.

15 Oct 2026 11:49 pm
Putin says Ukrainian refinery attacks caused little damage, Interfax reports

Russian President Vladimir Putin stated recent Ukrainian attacks on oil refineries caused minimal damage and vowed to respond. This incident included a notable drone attack on an oil facility in Russia's Ryazan region early on Thursday. The attacks came after a ceasefire announcement regarding energy between Russia and Ukraine. Ukrainian officials denied involvement in the refinery incidents reported by Moscow's deputy prime minister.

15 Oct 2026 11:39 pm
NASAs SPHEREx finds brown dwarfs with water and methane, they drift in darkness without a host star and heated entirely from within

NASA's SPHEREx telescope has opened a fascinating window into the realm of brown dwarfs, the enigmatic celestial bodies that sit between stars and planets. Recent data reveals diverse chemical signatures and significant atmospheric variability, challenging existing models. Researchers aim to delve deeper into these findings, seeking to untangle the mysteries surrounding brown dwarfs and their complex atmospheres as they continue their groundbreaking analysis.

15 Oct 2026 11:37 pm