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The Economic Times

Top News / The Economic Times

LVMH's weak China sales raise fresh concerns over global luxury market recovery

LVMH's quarterly report indicated a 5% decline in fashion and leather goods sales due to weak demand. The company's overall organic sales growth was only 1%, falling short of expectations. Analysts have reduced target prices for LVMH shares by an average of 9% due to these results. This downturn in performance is prompting fears of broader struggles among luxury competitors.

13 Oct 2026 1:24 pm
ICC 'Player of the Month' honours for Shubman Gill, Shafali Verma

Shubman Gill was awarded the ICC men's Player of the Month for the fifth time after his exceptional performance against the West Indies. He scored 110 in the first ODI and then a double-century leading India to victory. Shafali Verma claimed the women's award for her contributions to India's Asia Cup success and Asian Games achievement.

13 Oct 2026 1:23 pm
Software engineer dies by suicide in Hyderabad's Nanakramguda, leaves behind suicide note

A Software engineer from Suryapet district in Telangana died by Suicide at Gold Edge Apartments in Hyderabads Nanakramguda on Monday. He was employed in Bengaluru and had later moved into a a rented flat at the apartment complex two days before the incident. The engineer was found by a security guard on the ground and was later declared dead. He had left a suicide note apologising to his parents.

13 Oct 2026 1:21 pm
Nandan Nilekani calls for AI-generated question papers, nationwide computer-based testing

Nandan Nilekani suggested a significant change in India's examination framework during the Bloomberg Economic Forum. He emphasized the use of artificial intelligence to create question papers on the day of the exam. This approach aims to eliminate the risk of leaks and fraud associated with traditional question papers. Nilekani noted the importance of transitioning to a Computer-Based Testing model nationwide for equitable access.

13 Oct 2026 1:17 pm
Jantar Mantar to Azad Maidan, Indias protest map is steeped in history

Many urban centers in India have designated protest sites that reflect their historical significance and role during the freedom struggle. Notable examples include Azad Maidan in Mumbai and Gandhi Maidan in Patna, both with rich protest histories. Jantar Mantar in New Delhi has been a prominent protest site before recent changes in its status. The article highlights various cities and their notable protest locations that recall their pasts.

13 Oct 2026 1:15 pm
In 1943, Kentucky released a hardy pasture grass that farmers embraced; today, tall fescue covers an estimated 35 million acres, while its hidden fungus causes costly cattle health problems

In 1931, tall fescue grass was first found in Kentucky and later spread throughout the eastern United States. While it's advantageous for farmers, this grass harbors a harmful fungus contributing to fescue toxicosis, which severely impacts livestock health and leads to substantial financial losses in beef production. Ongoing research aims to develop grass varieties that mitigate these risks while adapting to the evolving agricultural landscape.

13 Oct 2026 1:10 pm
Amit Shah calls for stronger BIMSTEC cooperation to combat terrorism, drug smuggling

Amit Shah called for stronger regional cooperation among BIMSTEC countries to combat terrorism and organized crime. He emphasized the necessity of a collective resolve to prevent terrorist networks from operating within member states. Shah highlighted the importance of sharing actionable intelligence to bolster collective security efforts among these nations. The Home Minister also addressed narcotics smuggling as a challenge that needs a comprehensive regional approach.

13 Oct 2026 1:05 pm
45 lakh in 90 days: This Bengaluru farmer earns Rs 50,000 per day by selling small lauki to Qatar buyers

Bengaluru farmer Karigowda generates 50,000 in daily gross revenue by growing baby bottle gourds for Qatar buyers. His 3.5-acre farm uses modern cultivation techniques, while growing tomatoes and brinjals during the off-season helps diversify his income.

13 Oct 2026 1:01 pm
In 1824, construction began on New Jerseys Morris Canal, where 23 inclined planes carried boats up and down hills; some lifts spanned up to 100 feet

Constructed in the early 1830s, the Morris Canal stands as a significant achievement in New Jersey's engineering history. It uniquely utilized hydraulic inclined planes, facilitating boat movement across challenging elevations without the need for standard locks. This canal played a pivotal role in transporting anthracite coal to iron manufacturing sites until railroad supremacy led to its decline by the 1920s.

13 Oct 2026 1:00 pm
Veeramani trend: Madurai influencer seeks Diwali gifts on Insta, gets non-stop COD parcels of JCB, Rs 1.6 lakh TV, fridge, phone and Rs 70 crore army tank

A request for a box of Deepavali sweets on X reportedly turned into a harassment ordeal for Madurai influencer Veeramani after followers began sending unwanted cash-on-delivery orders to his home. Deliveries reportedly included expensive electronics and food, prompting him to post an emotional appeal asking people to stop. Neighbours later said he had left his residence after repeated visits by delivery personnel.

13 Oct 2026 12:46 pm
Mukul Agarwal adds 470% multibagger to Rs 8,000 crore portfolio, trims KRN Heat exposure

Ace investor Mukul Agarwal added a 1.2% stake in precision engineering firm Apsis Aerocom, which has surged 470% since its March 2026 debut, to his Rs 8,000 crore portfolio. Meanwhile, he trimmed his stake in KRN Heat Exchanger following a 61% rally over the past year.

13 Oct 2026 12:39 pm
Jio IPO may trigger Reliances next big re-rating. Why Religare sees 47% upside

Reliance Industries could see a valuation re-rating as Jio Platforms proposed Rs 30,000 crore IPO brings greater transparency to its digital business. Religare has a target price of Rs 1,696 on the stock, implying 46.7% upside from its current market price.

13 Oct 2026 12:30 pm
Tata will build what India needs, even if it takes longer: Tata Sons chairman Natarajan Chandrasekaran

Natarajan Chandrasekaran of Tata Sons affirmed the conglomerate's commitment to producing semiconductor chips amid ongoing boardroom disputes. Tata is investing heavily in India's first chip-making unit, a key to future growth. Noel Tata has expressed disagreements over capital decisions and shareholder returns, which has escalated tensions. Despite operational challenges at Air India and within Tata Technologies, the group continues to maintain double-digit growth.

13 Oct 2026 12:27 pm
Global Market: Hong Kong dollar nears weak side of trading band, raising prospect of HKMA intervention

The Hong Kong dollar neared the weak end of its trading band against the US dollar, raising the possibility of Hong Kong Monetary Authority intervention to defend its peg. Weak equity performance, subdued investment flows, and rising US interest rates have pressured the currency, though analysts expect the linked exchange rate system to remain stable.

13 Oct 2026 12:26 pm
China opposes India's standardisation of names for 28 regions in Ladakh, calls the move illegal

China's foreign ministry protested India's move to establish standardised names for 28 regions in Ladakh on the official Survey of India and called the decision 'illegal.' The changes were in direct response to China renaming regions in Arunachal Pradesh in 2023, which it calls 'Zagnan' or South Tibet. The ongoing tensions highlight the complexities of India-China relations.

13 Oct 2026 12:25 pm
Mortgage hedging adds selling pressure to US Treasury market as yields surge

Rising US Treasury yields and mortgage rates have triggered increased mortgage-related hedging, adding selling pressure to the bond market. However, analysts expect the impact to remain limited compared with previous selloffs, as refinancing incentives decline and the mortgage market shrinks. Oil prices, inflation expectations, and Federal Reserve policy remain key drivers of yields.

13 Oct 2026 12:21 pm
Woman's body seen in Tungabhadra river in Andhra Pradesh surrounded by dangerous terrain, cop risks life to recover body walking more than 1 Km

Police constable Ranga Swamy undertook a hazardous recovery operation in Andhra Pradeshs Kurnool district, entering the swift Tungabhadra river to retrieve an unidentified womans body. He carried the body on his shoulders across nearly a kilometre of rocky terrain to reach the riverbank after the dangerous conditions deterred others from attempting the recovery. Videos of his efforts later circulated on social media, drawing public praise.

13 Oct 2026 12:17 pm
The Andaman Islands could be India's next big trade trump card

India is focusing on strengthening the Andaman and Nicobar Islands' strategic maritime role for regional trade. The upcoming Andaman Dialogue 2027 will emphasize maritime infrastructure and economic cooperation among countries in the Indo-Pacific region. Commerce Minister Piyush Goyal highlighted the islands as an economic bridge, particularly for trade and logistics efforts. Enhanced cooperation between regional ports and industries is also proposed to bolster maritime security.

13 Oct 2026 12:17 pm
Chewing gum is not an eatable item says Gujarat HC: Bubble gum is not swallowed hence it attracts higher 12.5% tax, rules court

Gujarat High Court has ruled that chewing gum cannot be classified as an edible sweet or sweetmeat under state Value Added Tax provisions because consumers do not swallow the rubber base. Reversing an order by the state VAT tribunal, a division bench held that the product attracts a higher 12.5% tax under the residuary entry rather than the reduced 4% slab meant for confectionery.

13 Oct 2026 12:09 pm
UP Board Exam dates 2027 for class 12, 10 released: Check full subject-wise date sheet, how to download pdf and more

UP Board Time Table 2027 Class 10, 12: The Uttar Pradesh Madhyamik Shiksha Parishad has announced the Class 10 and Class 12 examination schedule, with board exams set to run from February 5 to February 24, 2027. Check the subject-wise timetable, morning and evening shift timings, and steps to download the UPMSP date sheet PDF.

13 Oct 2026 12:06 pm
Rahul Gandhi has 'lost mental balance', Cong disrupting public life in Delhi: BJP MP Ravi Kishan

BJP MP Ravi Kishan criticized Congress leader Rahul Gandhi for allegedly hitting his own party workers during protests. He accused the Opposition of attempting to hijack democracy as they are unable to defeat the BJP electorally. Kishan claimed that 65 percent of young people support the current government under Modi's leadership. He dismissed Congress's concerns about EVMs as unfounded and self-serving.

13 Oct 2026 11:59 am
Rupee jumps 177 paise in 2 days against dollar after RBI's strong defence before Rs 97 goal post. What lies ahead?

The Indian rupee strengthened 177 paise against the US dollar in two days to 94.06 following aggressive RBI market interventions. Key steps include a special dollar window for oil firms and tighter forex derivative rules to defend the Rs 97 level, though macro risks and FII outflows remain.

13 Oct 2026 11:59 am
NATO fund targets drone defence technologies as Russia-Ukraine war reshapes priorities

NATO's defence technology priorities have shifted towards meet what it deems to be capability gaps in counter-drone systems and space-based surveillance. The collective defence organisation has launched a 1 billion euro fund to accelerate the development of dual-use technologies on its eastern border. Poland has become an attractive investment destination to meet these demands and the fund aims to speed up the identification and adoption of technologies.

13 Oct 2026 11:55 am
Bangladesh PM Tarique Rahman assures minorities of equal rights, security

Bangladesh Prime Minister Tarique Rahman met with Hindu community leaders to discuss their rights and security. He emphasized that every citizen deserves protection regardless of religious identity while ensuring their rights. The government is enhancing security measures ahead of the Durga Puja festival to maintain communal harmony. Past incidents of violence against Hindus have raised concerns about their safety during religious gatherings.

13 Oct 2026 11:53 am
Bumbles billion-dollar buyout: Why investors are betting on a turnaround

Bumble shares surge nearly 50% after reports of a potential $1 billion take-private deal with Ithaca Holdings. The proposed buyout comes as the dating app operator faces falling revenue, a shrinking paying user base and declining investor confidence.

13 Oct 2026 11:50 am
Warren Buffett became a millionaire at 32. What he advises youth trying to copy his success

Warren Buffett became a millionaire at 32 and has inspired many through his investing journey. He emphasizes starting young and the importance of compounding over time. Buffett used the metaphor of a 'snowball' to illustrate building wealth gradually. He recently transitioned leadership at Berkshire Hathaway and reflected on his career. Buffett expressed confidence in the company's future and his continued role as a shareholder.

13 Oct 2026 11:47 am
SC stays trial court proceedings in defamation case against Rahul Gandhi over Modi remarks

The Supreme Court has halted defamation proceedings against Congress MP Rahul Gandhi related to comments about PM Narendra Modi. A bench of Justices Vikram Nath and Aparesh Kumar Singh issued notices to the complainant M H Shrishrimal and the Maharashtra government. They must submit replies within four weeks while proceedings before the trial court remain stayed. Senior Advocate Abhishek Singhvi argued legal precedents support Gandhi's case during the hearing.

13 Oct 2026 11:44 am
Plea in SC challenges Delhi Police move to shift protests from Jantar Mantar

A petition has been filed in the Supreme Court against new restrictions on protests at Jantar Mantar. The Delhi Police's order has designated alternative sites for public demonstrations, including Ramlila Ground and Burari Ground. Concerns have been raised regarding the suitability of these designated venues for protests. The plea also mentions that the Supreme Court previously recognized Jantar Mantar as a proper site.

13 Oct 2026 11:42 am
'Violence will not solve Manipur crisis': N. Biren Singh condemns killings, speaks on NRC

'Violence will not solve Manipur crisis': N. Biren Singh condemns killings, speaks on NRC

13 Oct 2026 11:36 am
INDIA bloc petition under scrutiny: Sanjay Raut says we will rectify, repair errors

Sanjay Raut confirmed that he is a petitioner in a legal challenge against the Election Commission of India. He emphasized the need to hold the Commission accountable for alleged discrepancies and political pressures. The opposition plans to strategize further after a meeting hosted by Rahul Gandhi. Raut criticized the government's restrictions on protests, asserting that public voice cannot be suppressed.

13 Oct 2026 11:27 am
Telangana man buys scooty by paying 12,300 coins of Rs 10 which he saved over three years, staff spends 2 hours counting them

A Telangana mans decision to hold on to every Rs 10 coin he received as change eventually helped him pay Rs 1.23 lakh for a Honda Activa. B Ravi Joseph, 51, continued the practice despite family concerns over rumours about the coins future validity. Dealership employees needed nearly two hours to count the collection before handing over the scooter.

13 Oct 2026 11:24 am
Indians every rupee in wallet has new contenders and the fight is heating up

Indian Consumer Spending Trends: Indian households are increasingly shifting their consumption patterns, which reflects a richer variety of spending options. This changing consumer behavior shows significant growth in non-food expenditures over the years. The introduction of quick commerce has further diversified available products, making various goods more accessible. Both urban and rural consumers are seeking premium products alongside traditional staples.

13 Oct 2026 11:19 am
RJ Mitte made his final public appearance with 'Breaking Bad' co-star Luis Moncada just days before his death

RJ Mitte, known for his role in the iconic series 'Breaking Bad', made a recent public appearance before his death. The actor passed away in Brownsville, Texas, at the age of 34. He was also a strong advocate for disability rights and served as ambassador for several organizations. Tributes poured in from his co-stars, including Bryan Cranston and Aaron Paul.

13 Oct 2026 11:14 am
Delhi HC rejects SpiceJet's plea to offer Gurugram land instead of depositing 144 cr in Kalanithi Maran & KAL Airways case

The Delhi High Court on Tuesday rejected SpiceJets plea to provide a property title deed instead of depositing 144 crore in its share transfer dispute with former promoters Kalanithi Maran and KAL Airways.

13 Oct 2026 11:13 am
MRO-TEK Networks Ltd reports Q2 FY27 performance; products segment records 56.86% YoY revenue growth

MRO-TEK Networks Ltd experienced a year-on-year revenue increase of 56.86% in its Products segment. The Solutions segment reported a decline in revenue, highlighting ongoing project execution challenges. Real Estate segment projects continued progressing according to planned schedules

13 Oct 2026 11:11 am
SIP stoppage ratio falls to 79% in September as new registrations outpace closures for fifth straight month

India's mutual fund SIP stoppage ratio fell to 78.53% in September 2026 as 63.26 lakh new SIPs were registered against 49.68 lakh closures. Monthly SIP inflows reached a fresh record of Rs 32,490 crore, signaling sustained retail participation despite broader market volatility.

13 Oct 2026 11:09 am
World's biggest Semiconductor OSAT Facility in Assam: CM Himanta Biswa Sarma shows Rs 27,000-crore factory in Jagiroad. Watch

Assam Chief Minister Himanta Biswa Sarma has shared a video from Tata Electronics Rs 27,000 crore semiconductor facility in Jagiroad, showcasing the under-construction site and components intended for use in mobile phones. He said the project marks Assams growing role in Indias semiconductor industry and recalled Prime Minister Narendra Modis support for the initiative.

13 Oct 2026 11:09 am
AI euphoria turning toxic but thats good news for India: Is the global tech trade finally shifting in its favour?

Global AI stock enthusiasm hit a roadblock as South Korea's Kospi plunged 7.4% on chip competition concerns and Broadcom's warning on AI spending. Conversely, Indian IT stocks surged, adding Rs 26,000 crore in market cap as investors rotated into services over semiconductor hardware exposure.

13 Oct 2026 11:02 am
Who is Kennedy Suarez? Inside RJ Mittes relationship with his fiance and what we know about her

RJ Mitte, the Breaking Bad actor, died on October 12, 2026, at 34. His engagement to Kennedy Suarez took place on October 10, 2025. They were in a romantic relationship for five years after being friends for about a decade. Mitte often expressed his love and appreciation for Suarez in his social media posts.

13 Oct 2026 10:59 am
As technology and AI reshape the workplace, which skills will define future leaders?

In today's evolving job landscape, the importance of interpersonal skills and leadership has surged. Research indicates that qualities like self-awareness and the ability to learn quickly are crucial for effective leadership. As artificial intelligence advances, the emphasis is shifting from technical know-how to essential human capabilities. Educational frameworks are transforming to prioritize hands-on experiences and guidance, fostering leaders who can inspire and connect with diverse teams i

13 Oct 2026 10:59 am
India-Chile trade negotiations: A quiet and strategic deal beyond tariffs

India and Chile are progressing with negotiations for a Comprehensive Economic Partnership Agreement to enhance trade relations. The agreement will focus on sectors such as digital services, critical minerals, and investment. Both nations seek to diversify their trade partnerships and reduce reliance on single markets, particularly in mineral exports.

13 Oct 2026 10:59 am
From credit access to capital intelligence: The next evolution of MSME finance

The task ahead for lenders, fintechs, and financial institutions serving this segment is not simply to close the credit gap; it is to close it with the right instrument at the right moment.

13 Oct 2026 10:59 am
Daughter claims father's job on compassionate grounds, gets rejected over delayed request but Madhya Pradesh HC allows her to reopen case on one condition

Madhya Pradesh High Court rejected a married womans claim for a compassionate job 28 years after her fathers death, ruling that such appointments address immediate financial crises rather than delayed requests. However, the court allowed her to seek revival of the petition if one condition is met.

13 Oct 2026 10:58 am
CureMeAbroad revenue grows 4.4X across Q1 and Q2

Initially specializing in cosmetic procedures, the company is now set to broaden its scope by incorporating orthopaedic and dental treatments.

13 Oct 2026 10:53 am