The Economic Times

Indian shuttlers' campaign at the Denmark Open 2026 ended in the quarter-finals on Friday, with Treesa Jolly-Gayatri Gopichand and Tanvi Sharma suffering defeats in women's doubles and women's singles, respectively.

The United States is planning to restart three closed nuclear plants to address rising energy needs. These plants were shut down due to high electricity costs but are now sought after for carbon-free energy. Large technology companies are contracting for power from these facilities, ensuring a stable revenue. Restarting these plants will be faster and cheaper than building new reactors.

Bharatiya Janata Party spokesperson CR Kesavan criticized Rahul Gandhi for associating with advocates of regime change. He stated that Gandhi's silence on the issue reflects an anti-democratic mindset. This response came after P Chidambaram defended the use of the term 'regime change' as a legitimate political process. The ongoing agitation against Chief Election Commissioner Gyanesh Kumar has intensified tensions between the BJP and Congress.

Barack Obama recently addressed Israel's treatment of Palestinians, implying moral responsibility lies with the stronger party. He acknowledged the historical persecution of Jews while also recognising the plight of Palestinians. Netanyahu responded to Obama's comments by asserting Israel's claim over its historical homeland. Tensions between Netanyahu and Obama date back to their previous terms.

Supreme Court Justices JB Pardiwala and KV Viswanathan on Friday jokingly threatened to stage a dharna outside the Delhi High Court if authorities fail to improve pedestrian safety on Mathura Road by November 25, Bar and Bench reported.

Rajya Sabha MP Kapil Sibal responded to Union minister Rajnath Singh's accusation regarding Congress wanting regime change. Sibal emphasized that it is the people who truly desire a change in government. He criticized the current administration for embracing corruption and manipulating electoral processes. Singh had earlier claimed that the Congress party was inciting unrest among the youth for political gain.

'Women should be released after sunset': Neha Bora questions overnight detentions over anti-SIR stir

India has voiced deep concern regarding a foiled mass shooting plot at the Sri Venkateswara Temple in Illinois. A 19-year-old was arrested after allegedly planning this shooting, which failed due to a jammed gun. The Ministry of External Affairs emphasised the need for US authorities to ensure the safety of Indian nationals.

Thousands of US air traffic controllers will receive a 2.8% pay raise retroactive to January 1, under an agreement announced by the Federal Aviation Administration and a union. The raise, effective October 18, follows workforce reform commitments covering time tracking, staffing adjustments and reassignments as the agency tackles persistent controller shortages.

India has notified the first set of customs duty concessions for imports from New Zealand under their free trade agreement, effective October 20. The preferential rates cover products such as wine, manuka honey, kiwi fruit and sheep meat, with limited quantities of select goods allowed under tariff-rate quotas and dairy and other sensitive sectors excluded.

US lawmakers and critics have condemned President Donald Trumps decision to waive key Russia sanctions and tariff provisions under the Lindsey Graham Act, accusing him of siding with Vladimir Putin and betraying Ukraine. The move comes amid a Russian diesel supply deal, rising US fuel prices and Indias concerns over potential tariffs.

A report by Bernstein indicates that the luxury goods industry faces challenges due to reduced Chinese consumer demand. Economic factors such as falling property prices and youth unemployment are contributing to a weakened market. Companies may need to adjust their pricing strategies to meet consumer expectations for affordability and value.

Tamil Nadu weather today: Tamil Nadu is likely to see continued rainfall on October 17 as the northeast monsoon remains active. IMD has forecast moderate rain with occasional heavy spells in Chennai and warned of heavy to very heavy rain in several districts. Here is the latest weather forecast, key rainfall observations and whether school and college are closed due to rain today.

US President Donald Trump has urged Saudi Arabia to accept Israel's offer of help against Houthi rebels, calling Israeli support very helpful. Trump also said Saudi Arabia could join the Abraham Accords, as regional hostilities intensify, Iran denies involvement in Houthi attacks, and Yemen's government reports missile strikes near Aden International Airport.

Boeing's global sales and marketing chief Brad McMullen will retire in December and be succeeded by Ryan Weir, currently heading North American sales, according to a memo seen by Reuters. McMullen helped lead the planemaker's commercial recovery after a 2024 mid-air door plug blowout, as Boeing works to regain market momentum.

Starlink has said it is ready to provide high-speed internet services in India, asserting that it has spent over five years working with regulators, industry and operators and built dedicated infrastructure with the requisite government approvals. The Elon Musk-led company made the statement while tagging Reliance Industries' post on competition in satellite communications.

Bank holiday today: Today, banks will function as usual across most parts of India, with Tripura being the exception due to the Maha Saptami festivities. The Reserve Bank of India has outlined specific holidays for various October festivals, particularly affecting operations on the second and fourth Saturdays.

AISA president Neha Bora was released early Saturday after being taken into preventive custody ahead of the 'Lehra Do Tiranga' protest march at Connaught Place on Friday. CJP founder Abhijeet Dipke, who was also detained, was arrested under relevant BNSS provisions and will be produced before the SEM court.

Jailer 2, the sequel starring Rajinikanth, debuted on October 15 and achieved rapid box office triumph, raking in over Rs 200 crore worldwide within its first two days. The film, directed by Nelson Dilipkumar and featuring a stellar cast including S. J. Suryah and Vidya Balan, dives into Muthu's struggle between family commitments and resurfacing adversaries from his history. Read on!

US President Donald Trump has waived the application of certain sanctions, restrictions and duties on Russia under the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, according to an executive order issued on Saturday. The order outlines a waiver of specified measures provided for under the legislation.

Apple has hired former Meta litigation chief Scott Tucker as vice president of global litigation and financial services, strengthening its legal leadership amid mounting antitrust, patent and other lawsuits. The appointment is part of a broader reorganisation under General Counsel Jennifer Newstead, as the iPhone maker faces legal setbacks threatening its services business.

The move would mark the next legal step for the lender after the apex court upheld the Bombay High Court judgment quashing the March 2020 write-down of the AT1 instruments issued by Yes Bank.

US Stock Market: Energy stocks held up better than most. Exxon rose 2.5 per cent and Chevron added 2.6 per cent. Alcoa rose 2.5 per cent and The Travelers Cos. gained 1.5 per cent after the companies reported quarterly results that topped Wall Street forecasts.

Nirmala Sitharaman expressed optimism regarding the speedy conclusion of the India-US trade agreement during her recent interaction. She highlighted challenges in trade relations with China due to non-tariff barriers causing problems for Indian exporters. The Finance Minister advocated for promoting rupee-denominated trade settlements to assist nations experiencing hard currency shortages. Sitharaman emphasized the importance of public investment in infrastructure to bolster economic growth desp

Apple is cutting production of the standard iPhone 17 for the Indian market following a more than 20% price increase, as demand weakens despite strong overseas sales. The company plans to redirect capacity towards exports, while demand for iPhone 17 Pro and iPhone 18 Pro models remains firm. Rising component costs, a weaker rupee and higher prices have prompted some Indian consumers to defer purchases or consider older and refurbished iPhones.

US bond yield on the benchmark US 10-year Treasury note was unchanged at 5.087 per cent after earlier rising to 5.1334 per cent. The yield on the 30-year bond rose 0.5 basis point to 5.433 per cent after trading earlier at 5.464 per cent.

Tesla's first Roadster was launched back in 2008. And in 2018, Musk went as far as placing one on a rocket with a mannequin dubbed Starman in the driver's seat and launching it into space.

'We called fake news after...': Trump shuts down rumors of Susie Wiles ouster, Zero chance

Migrants are increasingly turning to the risky alternative offered by smugglers to travel by sea to avoid heavily guarded land borders. Small boats called pangas leave Baja in the dead of night and sometimes travel hundreds of miles north.

Wall Street ended sharply lower on Friday, with CoreWeave, Broadcom and other AI-related technology stocks under renewed pressure, while a jump in oil prices spooked traders heading into the weekend.The Nasdaq extended losses from earlier in the week, hammered by concerns that debt-laden AI infrastructure companies may not turn profits in time to repay debts, particularly with borrowing costs expected to rise.Nvidia-backed CoreWeave slumped, also adding to recent losses. The data center operator

Sean Combs is serving a four-year, two-month sentence for his conviction last year on prostitution-related charges for transporting people across state lines for sexual encounters.

The summons, issued under the Prevention of Money Laundering Act (PMLA), came on Friday, hours after Vijayan moved the apex court seeking relief against the FIR order.

Pope Leo had the lower lobe of his right lung removed after doctors identified a suspected cancerous nodule. The surgery confirmed he had adenocarcinoma, the most common type of lung cancer.

According to the gazette notification issued by the Registrar General of India, Mrityunjay Kumar Narayan, not only can teachers from government and aided institutions be roped in for census duty but the rules will also apply to teachers from private schools and colleges.

Prime Minister Narendra Modi is expected to visit Canada on December 11-12 to enhance bilateral relations. The trip aims to focus on key areas of cooperation such as trade, energy, and technology.

Katie Zacharia has been dismissed from her role as White House Press Secretary after public scrutiny. President Donald Trump suggested to her that she reconsider her position due to the ongoing challenges. During a conversation with reporters, Trump emphasised that being in this role might not lead to happiness. He expressed concern about the difficulties associated with the job.

The Supreme Court recently dismissed appeals by DCB Bank and UBS Management Services regarding a forensic audit. This audit pertains to transactions linked to Fortis Healthcare and its former promoters. The audit was initially ordered by the Delhi High Court on August 31. The court emphasized that the audit was not a broad investigation into bank affairs. The ruling is significant in the ongoing arbitration case with Daiichi Sankyo.

The petition, filed by Emerald Heights International School, Indore, and its director Siddharth Singh, seeks comprehensive safeguards for children using social media platforms.

Reliance Industries expressed its openness to competition within India's satellite communications market. The company welcomed Starlinks entry while emphasizing the need for compliance with Indian regulations. Reliance stated that its satellite services are awaiting necessary government approvals for operations. Elon Musk claimed that oligarchs are blocking Starlink's entry into India, which Reliance addressed in its statement. Other satellite operators also continue to seek Indian government cl

Investments in pharmaceutical companies on behalf of Donald Trump saw a significant increase after returning to the White House. His portfolio reportedly grew from $1.7 million in 2024 to as much as $56.2 million by late 2025. A large portion of this growth involved investing in stocks benefiting from exemptions to Medicare price negotiations. Notably, purchases included $2.55 million in shares just before signing favorable legislation.

Gabriella Rothberg, a 17-year-old scientist, is working on genetically engineering tomatoes to taste like beef. These tomatoes aim to provide iron while retaining the nutritional benefits of plants. The project is associated with Maddison Marshall, a PhD candidate at the University of Miami. Rothberg has documented her experiments on social media, showcasing the growth process of these tomatoes.

Panasonic has recently appointed Japanese executives to senior roles in its Indian operations. The company is restructuring its leadership back to an expat-led model after focusing on Indian leadership. Former executives, such as Manish Sharma and Sandeep Sehgal, have left the company, leading to significant changes in strategy. Panasonic has downsized its operations and streamlined its product offerings to focus on air-conditioners.

The Foreign Exchange Dealers' Association of India (FEDAI) has directed banks not to convert foreign currency remittances into rupees without specific instructions from the sender or beneficiary. The move follows concerns that intermediary banks were converting dollars at unfavourable exchange rates, leaving small exporters and individuals receiving overseas payments with less money. Banks have also been asked to ensure transparent forex service charges and disclose currency conversion rates on

US import prices experienced a notable increase in September driven by higher costs for energy products and various goods. This rise in import costs reflects ongoing inflation pressures exacerbated by the West Asia war. Recent data showed substantial increases in consumer and producer prices, broadening inflation beyond the energy sector. Supply chain disruptions have also been attributed to the prolonged conflict in the region.