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The Economic Times

Top News / The Economic Times

AI and data analytics to power next phase of government audits, says CAG

The Comptroller and Auditor General of India aims to enhance audits by adopting advanced technologies, including artificial intelligence and machine learning. This integration will allow for more precise identification of risks and anomalies in public governance. Data-driven audits will improve the overall efficiency and effectiveness of the auditing process. CAG intends to create a technology-enabled, citizen-centric institution, providing timely and reliable government accounts.

29 Oct 2026 7:28 pm
US weekly unemployment claims hover near 57-year lows

Initial unemployment claims in the United States have decreased slightly to 194,000 for the week ending October 24. Labour market conditions continue to demonstrate resilience, remaining below 200,000 claims since mid-September. The ongoing conflict between the US and Israel, including Iran, has led to employer hesitancy regarding hiring increases. Additionally, continuing claims have dropped to 1.701 million, reflecting decreased overall unemployment.

29 Oct 2026 7:18 pm
US trade deal will protect all sensitive Indian interests, says Piyush Goyal

Commerce Minister Piyush Goyal said Indias trade deal with the US would protect sensitive interests, including those of farmers, and give the country a competitive advantage. He criticised opposition parties for questioning the agreement before its details were released, while defending Indias trade strategy and its decision to stay out of RCEP.

29 Oct 2026 7:17 pm
Bend volunteer Brad Pinkert turned a battered ReStore door into a hall tree with a storage trunk and hooks; the finished piece drew the events highest bid of $375

In Bend, Oregon, a dedicated volunteer took an old door and turned it into a stunning hall tree for a fundraising event. This creative transformation emphasizes the blend of style and utility, illustrating the beauty of reclaimed materials. The initiative showcases a rising trend in sustainable furniture design, fostering a deeper appreciation for the art of reusing and restoring items, ultimately contributing to eco-friendly living practices.

29 Oct 2026 7:16 pm
In Burgos, Spain, engineers turned steelmaking waste into full-size pavement slabs; five years outdoors caused no major damage, and skid resistance stayed road-safe

In an innovative endeavor, engineers from Burgos, Spain, developed sustainable pavement utilizing waste from steel production, significantly cutting down on industrial refuse. Their five-year study, monitoring large-scale pavement slabs in real environments, revealed that the pavement exhibited no major structural issues or safety risks related to skid resistance. This breakthrough paves the way for eco-friendly infrastructure methods in construction, promoting the recyclability of industrial by

29 Oct 2026 7:00 pm
Not inclined to completely ban firecrackers, says SC; stresses implementation of orders

The Supreme Court expressed reluctance in imposing a complete ban on firecrackers during a recent hearing. The bench indicated that effective enforcement of existing orders is crucial for addressing air pollution issues. Measures taken by the Delhi government and the Commission for Air Quality Management were discussed during the proceedings. The court encouraged utilizing prominent personalities for public awareness regarding firecracker regulations.

29 Oct 2026 6:59 pm
China's secretive Shenlong spaceplane: What the US report reveals

A newly released report by the US Defense Intelligence Agency showcases an intriguing image of China's Shenlong spaceplane operating in orbit. Notably, a second spacecraft is docked to Shenlong, prompting speculation about the spaceplane's mission and technological abilities. Concerns have been raised over China's advancing space technologies and counterspace capabilities, with whispers of potential developments in space-based weaponry that could jeopardize international satellite safety.

29 Oct 2026 6:45 pm
Weather Tomorrow, October 30: IMD forecasts hailstorms and thunderstorms in Delhi-NCR, heavy rain in Andhra Pradesh and other regions due to Cyclone Arnab; check the state-wise forecast

Weather Tomorrow, October 30: The India Meteorological Department has forecast significant thunderstorms and hailstorms in Delhi and nearby regions. Heavy to very heavy rainfall is expected across several states, including Bihar and Uttar Pradesh. A new low-pressure area has formed over the South Andaman Sea, likely intensifying into a depression. Rescue operations are ongoing in Odisha due to recent floods from Cyclone Arnab, affecting many villages.

29 Oct 2026 6:37 pm
All that over a joke?: Obama ridicules Trump admin's response to 'Cheesecake Factory' jibe

All that over a joke?: Obama ridicules Trump admin's response to 'Cheesecake Factory' jibe

29 Oct 2026 6:36 pm
Medical employees in Imphal East stage protest against rising monetary demands

Medical employees in Imphal East held a protest due to escalating monetary demands from various organisations and armed groups. They reported their financial burden increased significantly since the onset of violence. Many workers, particularly those with lower salaries, are finding additional contributions increasingly challenging. Protesters called for better protection from coercion and relief from constant financial pressure.

29 Oct 2026 6:36 pm
Gold price, silver rate today: Why are gold rate, silver price down on Thursday? What to expect in November?

Gold rate today fell as the precious metal saw topsy-turvy month of October. Silver price was also down along with platinum and palladium.

29 Oct 2026 6:31 pm
A mother borrowed $28,000 to help her son become a photographer in California. Ten years later, they're both still paying for a college that no longer exists

Christine Gaussoin hoped her son Kendrick would succeed in photography after attending Brooks Institute. However, the college closed ten years later, leaving him without a diploma. This closure has resulted in a significant student loan debt for Christine and Kendrick. A lawsuit has been filed against the Trump administration regarding federal loan forgiveness for former students. The case highlights concerns about the trust placed in educational institutions and their accountability.

29 Oct 2026 6:30 pm
In 1862, gold drew thousands of miners to Florence, Idaho; much of the richest ground was worked out that year, and old diggings remain

Florence, Idaho, surged to fame in 1862 amid a major gold rush that saw a flood of miners flocking to the area. The initial excitement transformed the town into a lively mining community, albeit briefly. By year-end, however, the gold deposits were largely depleted, prompting many miners to leave in search of greener pastures. Today, Florence stands as a testament to the fleeting fortunes of American mining towns.

29 Oct 2026 6:30 pm
Nvidia CEO Jensen Huang seen as target of China spy plot; Trump briefed but took no action: Report

A Chinese businesswoman suspected of passing intelligence to Beijing developed a close relationship with Nvidia CEO Jensen Huang, according to a New York Times exclusive report. US President Donald Trump was briefed on the intelligence findings roughly a year ago but took no action, reportedly wary of disrupting Nvidia's chip sales and US-China trade relations.

29 Oct 2026 6:29 pm
Actor Imran Khan seeks evidence from FRRO, questions grounds for OCI cancellation amid CEC protest row

Imran Khan has challenged the FRRO's show-cause notice regarding his OCI status, citing incomplete evidence and a lack of transparency. He demands access to all materials used in the decision-making process, arguing that he has not been properly informed of the allegations against him. The Bombay High Court is set to hear the case on Nov 2.

29 Oct 2026 6:23 pm
US economy grows faster than expected at 3.4% in Q3 on consumer spending, AI boom

The US economy grew at a faster-than-expected 3.4% annualised rate in the third quarter, driven by resilient consumer spending and AI-related business investment despite higher oil prices linked to the Middle East conflict. The robust growth contrasts with weak consumer sentiment and comes as the Federal Reserve keeps interest rates unchanged.

29 Oct 2026 6:10 pm
In 2012, a Philippine coastal project began turning discarded fishing nets into carpet tiles; six years later, UNEP reported 61 tonnes collected and 41 tonnes recycled

Old fishing nets pose a significant environmental threat as they contribute to ocean plastic pollution and ghost fishing. The Net-Works project has recycled around 41 tonnes of these nets into new carpet tiles since 2012. It partners with local fishing communities to collect and repurpose used nets, which are turned into nylon thread. Despite this innovative solution, only a fraction of the total waste is being processed effectively.

29 Oct 2026 6:00 pm
WPL expansion on BCCI's radar: More teams likely as league eyes next phase, says Secy Devajit Saikia

BCCI Secretary Devajit Saikia stated that the Women's Premier League will consider expanding the number of teams. He indicated plans for brainstorming sessions to discuss potential improvements, including involving more stakeholders. Saikia highlighted the significant progress made by the WPL since its inception four years ago. He noted the league's increasing dominance in women's cricket, asserting its status among major franchise leagues.

29 Oct 2026 5:59 pm
Onions Up 108%: What's Really Driving India's Inflation?

Onions Up 108%: What's Really Driving India's Inflation?

29 Oct 2026 5:50 pm
World War 3? US, Europe, Japan urge households to prepare emergency stockpiles. Here's what you need

In response to various uncertainties, nations such as the United States, the UK, and Japan are encouraging families to build emergency stockpiles. The suggested duration fluctuates from three days to two weeks. Crucial supplies include water, canned foods, medications, and hygiene essentials. Those living in colder regions or with pets may need additional provisions. These preparedness strategies are designed to help households cope during emergencies and social upheaval.

29 Oct 2026 5:49 pm
Afghanistan vs Zimbabwe: Playing XI, live streaming, date, time, pitch and weather report

AFG vs ZIM Live Streaming: Afghanistan will face Zimbabwe in the second T20I match on October 29 at Sharjah Cricket Stadium. The first match ended with Afghanistan winning by 37 runs, giving them a 1-0 series lead. Zimbabwe aims to recover from this loss and even the series before the final match. Conditions in Sharjah are suitable for bowlers, especially spinners, due to the pitch's characteristics.

29 Oct 2026 5:45 pm
Woman joins short-term contractual job, takes maternity leave for three months, govt denies her salary, High Court rules temporary employees also enjoy benefits

Chhattisgarh High Court has held that a woman working as a guest lecturer cannot be denied maternity leave salary merely because she is not a regular employee. Justice Bibhu Datta Guru directed the State authorities to decide Pushpa Jaiswal's claim for unpaid maternity salary, preferably within three months.

29 Oct 2026 5:45 pm
IndiGo may raise fares as fuel costs soar: CEO

IndiGo may raise airfares to offset a sharp increase in fuel costs, with CEO Willie Walsh saying the airline has limited room for further cost-cutting despite efforts to contain expenses.We have no choice but to look to increase fares to offset very significant rise in fuel bill, Walsh said, signalling that higher operating costs could translate into more expensive tickets for passengers.Also Read: IndiGo Q2 Results: Loss narrows YoY to Rs 1,879 crore; revenue rises 26%The country's largest airl

29 Oct 2026 5:45 pm
MLC results are out, but how does the election work? Who votes, how are members chosen?

In the recent Legislative Council elections, the BJP secured 13 seats across multiple states including Uttar Pradesh and Bihar. The Samajwadi Party and NCP followed with five and two seats respectively, while other parties earned one seat each. MLC elections differ significantly from Assembly elections, as they are not decided by a direct vote from the general public. Members are chosen through various categories, including local authorities and graduates constituencies.

29 Oct 2026 5:43 pm
India's 10-year bond has best day in 3 months on Treasury rally, easing oil

In a notable market shift, Indian government bonds experienced a significant rise as the benchmark 10-year bond yield dropped considerably. This trend followed a favorable boost from Treasuries and decreasing crude prices. Additionally, the Federal Reserve's more dovish approach has had a generally positive effect on the bond landscape. Anticipation builds for the upcoming bond auction, with many investors eyeing potential attractive buy opportunities due to the current yield levels.

29 Oct 2026 5:41 pm
Christine Lagarde: The outsider who led the European Central Bank her way

Christine Lagarde's early departure as European Central Bank president marks the end of a seven-year tenure shaped by the Covid-19 pandemic, energy shocks and record inflation. Despite initial doubts over her lack of formal economics training, Lagarde helped steer the ECB through major crises. However, her decision to leave before her term ends has sparked criticism over political interference and raised questions about the institution's independence.

29 Oct 2026 5:35 pm
Uber rolls out encrypted trip video recording for drivers to resolve disputes: What changes for riders?

Uber has introduced encrypted trip video recording to help resolve disputes, with footage accessible only to law enforcement agencies that formally approach the company. The ride-hailing platform has also strengthened driver safety measures and expanded earning opportunities through intercity bike rides, parcel deliveries and additional services.

29 Oct 2026 5:32 pm
In the 1890s, gold drew up to 3,000 people to Duncan, Colorado; by 1900, most buildings had been dismantled after US marshals moved to remove them

Duncan was a booming settlement that sprang up during Colorado's gold rush in 1874, attracting around 3,000 fortune seekers. Despite its initial promise, the town began to crumble by 1900 due to complicated land ownership disputes. Many families abandoned Duncan, relocating to the nearby Liberty, which also faced a slow decline. This narrative highlights the hardships endured by pioneers in pursuit of wealth during this vibrant yet turbulent era.

29 Oct 2026 5:30 pm
PM to visit Gujarat on Oct 30-31, inaugurate projects worth Rs 14,000 crore

Prime Minister Narendra Modi will begin a two-day visit to Gujarat, where he will inaugurate significant development projects. He will dedicate over Rs 14,000 crore worth of initiatives, including child-friendly Anganwadi Centres and agriculture infrastructure projects. Modi is also set to participate in cultural celebrations, notably Bharat Parv 2026, aimed at showcasing India's diverse heritage. Additionally, he will lay the foundation stone for the Ahmedabad Metro phases.

29 Oct 2026 5:22 pm
Promoters key in emerging markets, professional management vital as firms grow: Anil Agarwal

Anil Agarwal made a compelling case for the crucial impact of promoters in emerging markets, particularly India. He pointed out the differences when compared to developed markets, where the management often operates independently from ownership. Highlighting the changing dynamics of India's corporate sector, shaped largely by family entrepreneurs, Agarwal emphasized the requirement for professional management to enhance governance and efficiency as businesses flourish.

29 Oct 2026 5:21 pm
Ranbir Kapoor, Sai Pallavi and Yashs Ramayana jewellery decoded: The story behind 4,500 pieces inspired by Indian art and temples

Ramayana Part 1, directed by Nitesh Tiwari, will be released worldwide on November 5. The film features a cast including Ranbir Kapoor, Sai Pallavi, Yash, and Ravie Dubey. Creative Head of House of Amrapali, Tarang Arora, recently discussed the extensive jewellery designs in an exclusive chat with ET Digital. The project involved the creation of over 4,500 jewellery pieces influenced by traditional Indian art and temples. Read on!

29 Oct 2026 5:17 pm
PM Modi averted RCEP tragedy, Piyush Goyal explains why India stayed out of the deal

PM Modi averted RCEP tragedy, Piyush Goyal explains why India stayed out of the deal

29 Oct 2026 5:16 pm
Government should support both job-creating and frontier industries: EAC-PM chairman Dev

S Mahendra Dev highlighted the importance of supporting job-creating and frontier industries for future economic growth. He mentioned that sectors like textiles and technology can significantly enhance India's industrial landscape. The need for improved competitiveness and product quality in various firms was also emphasised. Furthermore, land availability and global supply chain shifts present unique opportunities for India. Overall, addressing these challenges is crucial for the country's indu

29 Oct 2026 5:14 pm
Christine Lagarde is leaving the ECB early, and Europe's economic future could look very different: What the region stands to lose and gain

Christine Lagarde announced her resignation from the European Central Bank, set for February 7, 2027. Her departure is earlier than planned, as her term was due to end in October 2027. This resignation allows EU leaders to appoint her successor ahead of upcoming French presidential elections. Europe faces economic challenges, including inflation and high energy costs, which the ECB must address.

29 Oct 2026 5:05 pm
Karnataka minister's defence of SIR leaves Congress in tight spot ahead of Nov 1 Delhi protest

Public Works Department Minister Satish Jarkiholi defended the Special Intensive Revision of voter lists in Karnataka. His defense contradicted concerns raised by Home Minister Priyank Kharge regarding irregularities in specific districts. Kharge highlighted issues like deceased individuals being incorrectly marked as living and bulk applications lacking verification. The opposition BJP capitalized on the discord, criticizing the Congress's contradiction of its leadership's claims.

29 Oct 2026 5:05 pm
School Assembly Headlines for October 30: Top national, international, sports and business updates

School Assembly News Headlines for October 30, 2026: The Centre will release the 24th instalment of the PM-Kisan scheme on October 30, benefiting eligible farmers. The Bombay High Court has denied Meta's request to relocate a lawsuit to California, affirming Indian jurisdiction. Jamia Millia Islamia has prolonged online classes until November 24 due to ongoing protests on campus. In Israel's 2026 elections, Benjamin Netanyahus bloc is reportedly leading with a projected seat count near 54.

29 Oct 2026 5:04 pm
Dubai real estate company gifts Rs 4 crore Lamborghini for the best performing employee

A Dubai real estate agent received a Lamborghini Urus worth up to Rs 4 crore after closing more than $500 million in sales over two years. Richkey Properties CEO Daban Othman surprised Natalia Chavez with the luxury SUV at the firm's third anniversary gala, where she was also named its Top Performer of 2026 after winning four major awards.

29 Oct 2026 5:01 pm
In 1905, Minnesota opened a transporter bridge with a suspended gondola; the platform carried people, streetcars, and vehicles across Duluths harbor canal

In February 1905, the Duluth Aerial Ferry Bridge debuted to facilitate travel over a challenging sandbar. This innovative structure enabled rapid transport of individuals and cargo across water. However, with the rise of cars during the 1920s, its limitations became all too clear. As a result, the city opted for a modern vertical lift bridge.

29 Oct 2026 5:00 pm
Israel election deadlock: What are the 4 possible scenarios for forming a government?

Following a national vote, Benjamin Netanyahu remains as caretaker prime minister without a clear government. President Isaac Herzog will consult with party leaders to identify potential candidates for government formation. If unsuccessful, a new election could be triggered within approximately 100 days. Netanyahu may attempt to recruit opposition members to secure a right-wing majority. Alternatively, a unity government with opposition parties may also be considered as a last resort.

29 Oct 2026 4:59 pm
Bengal govt now free to transfer I-PAC raid obstruction case to CBI: Mamata

Mamata Banerjee informed the Supreme Court that the new government can transfer the investigation to the CBI. The Enforcement Directorate sought an independent probe into the alleged interference in its operations. Banerjee's lawyer argued that with her departure as chief minister, there is no conflict of interest anymore. The Supreme Court reserved its verdict on whether the CBI should handle the investigation.

29 Oct 2026 4:51 pm
ESAF Small Finance Bank posts Rs 160 crore Q2 profit as asset quality improves

ESAF Small Finance Bank reported a net profit of Rs 160 crore in Q2, reversing a Rs 116 crore loss in the year-ago period. Improved margins, lower provisions and stronger asset quality supported the turnaround, while advances and deposits grew 25% and 24%, respectively.

29 Oct 2026 4:44 pm
Noel Tatas big plans for Trent: More Zudio & Westside stores, deeper Tier 2-3 expansion and push to take Indian brands global

Trent Ltd plans to expand its fashion and food retail businesses, deepen its presence in Tier 2 and Tier 3 cities and strengthen its lifestyle brands. Chairman Noel N Tata also outlined ambitions to build Star's food and grocery business and make Trent a significant exporter of Indian brands. The company reported 22% growth in consolidated revenue to Rs 5,873 crore in Q2 FY27.

29 Oct 2026 4:39 pm
AI firm KYVEXS founder Pearl Kapur joins BJP ahead of Punjab elections

Pearl Kapur has joined the Bharatiya Janata Party as the Punjab elections approach. He aims to integrate artificial intelligence and data analytics into the party's digital outreach strategies. This move highlights the increasing importance of digital platforms in modern political campaigns.

29 Oct 2026 4:35 pm
First look inside Varanasis Rs 450 crore international cricket stadium offers views of trishul-shaped floodlights, crescent-shaped roof and near-complete damru media centre

Varanasis new international cricket stadium, built across 31 acres at a cost of around Rs 450 crore, is nearing its competitive debut. With trishul-shaped floodlights, a crescent-shaped roof and a damru-inspired media centre, the 30,000-seat venue is preparing for domestic matches as the possibility of hosting IPL games in 2027 emerges.

29 Oct 2026 4:31 pm