The Latest Breaking News from The Economic Times

IMF sees India bucking global slowdown, raises 2026 growth forecast to 7%

IMF has increased India's growth forecast for 2026 due to stronger-than-expected economic momentum. Resilient domestic demand and robust services activity have contributed significantly to this revision. Higher global oil prices have impacted several economies, but India remains an exception. Other major agencies like the World Bank have also raised their…

The Economic Times · Oct 13

Oil ticks lower as Russia diesel supply prospects counter Gulf supply risks

Oil prices dipped following a prior rise, with Brent crude futures down by 61 cents per barrel. Traders weighed supply risks stemming from recent assaults in Saudi Arabia and the potential increase of Russian diesel imports. Ongoing concerns about the robustness of Gulf energy infrastructure arose after strikes near vital…

The Economic Times · Oct 13

Actor Selma Blair arrested in New York after an alleged assault on a Delta flight

Selma Blair was arrested after being accused of injuring two flight attendants on a Delta Air Lines flight. The incident occurred while the flight was landing at John F. Kennedy International Airport in New York. Blair reportedly suffered a medical emergency that contributed to her conduct during the flight. Following…

The Economic Times · Oct 13

NYT, AFP, The Economist join 40+ publishers to stop AI firms monetising content without permission

Over 40 publishers have united in the SPUR coalition to protect their content from unauthorized AI usage. This initiative includes prominent outlets like The New York Times and the Financial Times. Recent legal actions have aimed at stopping AI companies from using copyrighted materials for training purposes. SPUR is also…

The Economic Times · Oct 13

'Breaking Bad' actor and disability rights activist RJ Mitte dead at 34

RJ Mitte, best known for portraying Walter White Jr. in 'Breaking Bad', has passed away at 34. His role drew from his personal experiences with cerebral palsy, which he advocated for extensively. Mitte also acted in the 2021 film 'Triumph', showcasing a high school wrestler with disabilities. His death, confirmed…

The Economic Times · Oct 13

Rahul Gandhi to host high tea for INDIA bloc MPs, civil society members, student organisations on Tuesday

Rahul Gandhi has invited INDIA bloc MPs, civil society members, and student organizations for high tea. This event is scheduled to take place at his residence on Tuesday, 13th October. A joint press conference of INDIA leaders will occur in the afternoon preceding the tea event. The invitation follows a…

The Economic Times · Oct 13

Harvard Club of India clarifies on Delhi protest statement: ‘Personal expression is not institutional representation’

Harvard Club of India clarified its position regarding recent protests in New Delhi and related police actions. An Executive Committee member stated that any released statements do not reflect the Club's official views. The Club emphasized that its charter prohibits political statements on behalf of Harvard University alumni. Individual expressions…

The Economic Times · Oct 13

VRS offer in hand? Check these tax rules before you accept the package

Contemplating a Voluntary Retirement Scheme (VRS)? Prior to making your decision, it’s crucial to analyze the overall financial implications, including taxation aspects and the treatment of different package components. Be clear on the eligibility for tax breaks and ensure that your financial security after retirement is adequately planned.

The Economic Times · Oct 13

Indian, US and Chinese firms show interest in Peru's $844 million port project

Investors from the United States, China, and India have shown interest in a new port project in southern Peru. This port, expected to cost approximately $844 million, aims to accommodate large vessels for international shipping. Regional officials confirmed that multiple companies are exploring partnership opportunities for the project. A timeline…

The Economic Times · Oct 13

Global Market Today: Asian shares slide as chip stocks tumble; investors eye US earnings, CPI

The MSCI Asia Pacific Index declined 0.3% with equities in South Korea slipping over 3%. That came after a US gauge of chipmakers fell 2.7% Monday, while the Nasdaq 100 Index lost 0.7%.

The Economic Times · Oct 13