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The Latest Breaking News from The Economic Times

A testament to democracy: Looking back at Jantar Mantar's legacy of dissent

Jantar Mantar has historically served as a crucial venue for public protests and demonstrations in New Delhi. The de-notification by Delhi Police risks diminishing its importance for citizen activism and dissent. Activists believe that losing this designated space will limit citizens' ability to hold the government accountable.

The Economic Times · Oct 12

Sebi notifies common ad code for market intermediaries; allows celebrity endorsement for brands

In a significant move, Sebi has implemented a Common Advertisement Code aimed at managing how market intermediaries use celebrity endorsements. Under this new framework, celebrities can promote brands, but they’re prohibited from making specific endorsements about products. Any ad featuring a celebrity must receive approval from Sebi or a recognized…

The Economic Times · Oct 12

Mahindra begins commercial rollout of MaxSeeder to tackle stubble burning

Mahindra & Mahindra has initiated commercial production of its new multi-crop seeding machine called Maxseeder. This machine is designed to sow various crops, like rice, wheat, and cotton, efficiently. It operates using lower-horsepower tractors, making advanced seeding technology more accessible for farmers. Additionally, the Maxseeder promotes sustainable farming by eliminating…

The Economic Times · Oct 12

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‘Bring evidence, not allegations’: BJP's Anurag Thakur slams Rahul Gandhi over CEC comments

BJP MP Anurag Thakur slammed Rahul Gandhi over his CEC remarks during a press conference. Thakur emphasized the need for evidence instead of allegations in political discourse. He mentioned that both the President and the Supreme Court had previously addressed Gandhi regarding his evidence claims. Thakur accused the Congress party…

The Economic Times · Oct 12

US Stock market on Columbus day predictions: S&P 500, Dow Jones, Nasdaq, Russell 2000 investors eye tricky Monday on Indigenous Peoples' Day. Nvidia, Apple, Micron, AMD, Tesla other stocks to watch out today

Stock market on Columbus day: Earnings season begins on Tuesday, with major US banks including Wells Fargo, Goldman Sachs, Citigroup and JPMorgan Chase scheduled to report first.

The Economic Times · Oct 12

Why Pakistan declared emergency in Imran Khan’s party-ruled Khyber Pakhtunkhwa and imposed governor’s rule

Pakistan’s government has suspended the PTI-led administration in Khyber Pakhtunkhwa and imposed governor’s rule. Islamabad cites worsening law and order and failed talks, PTI calls the move political, and chief minister Sohail Afridi has reportedly been arrested.

The Economic Times · Oct 12

Indian rice exporters find a way through disruptions to retain competitiveness in Gulf market

Indian rice exporters have partnered with Eximwala Solutions to utilise bulk shipping for their products with an aim to significantly lower freight costs by about 74%, enhancing competitiveness. The shipments will mainly target the Gulf region, where demand for Basmati rice is substantial.

The Economic Times · Oct 12

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India shields city gas users as Hormuz crisis threatens South Asia's LNG demand

India has shielded city gas supplies from Middle East LNG disruptions by cutting deliveries to fertiliser plants, refineries and industrial users, helping it weather the crisis better than Pakistan and Bangladesh, Wood Mackenzie said. Even so, India has faced sharply higher LNG prices and an estimated 1.5 million-tonne reduction in…

The Economic Times · Oct 12

Elara initiates coverage on Adani Power, sees up to 17% upside as expansion plans gather pace

Elara Securities has initiated coverage on Adani Power with an Accumulate rating and a target price of Rs 220, implying 17% upside. The brokerage expects capacity expansion from 18.3 GW to around 42 GW by FY32 to drive growth, while flagging execution risks, rising debt and limited valuation headroom.

The Economic Times · Oct 12

Noida’s new Sports City plan approved: Authority tells SC 70% of land will be reserved for sports facilities as stalled Sector 150 project moves towards revival

Noida Authority has approved the revised layout plan for the 300-acre Sports City project in Sector 150, reserving 70% of the land for sports facilities. The approval follows years of stalled development and comes as the Supreme Court examines separate cases involving Sports City projects. While four housing projects have…

The Economic Times · Oct 12

Bill Gates says AI’s immediate danger comes from people, what could happen next?

Bill Gates warned that the next year could bring “a lot of negative surprises,” especially in the form of cyberattacks. He said the danger comes from people with harmful intentions gaining access to powerful new AI models without proper safety controls.

The Economic Times · Oct 12

The ₹1,000 crore question: What must change before a business can scale to the next level?

Building a ₹1,000 crore enterprise requires founders to reconsider how they lead, allocate capital and prepare their organisations for greater complexity. The Economic Times Founders’ Growth Retreat, taking place from December 4 to 7, 2026, will bring business leaders together to examine the decisions that shape sustainable growth.

The Economic Times · Oct 12

‘Resign, turn approver’: Rahul Gandhi's message to CEC as INDIA bloc takes fight to SC

Rahul Gandhi addressed the media regarding alleged police brutality and called for Chief Election Commissioner Gyanesh Kumar to resign. He claimed that there were larger powers behind the issues faced by the Election Commission. Gandhi mentioned that the government is protecting Kumar and warned against intensified confrontation. The opposition is…

The Economic Times · Oct 12

Australia’s NSW proposes new migration pathway for regional workers; Indians may benefit

New South Wales is consulting on a proposed state-led Designated Area Migration Agreement (DAMA) that could expand employer-sponsored migration opportunities in regional Australia. The proposal covers occupations including nursing, aged care, hospitality, construction and skilled trades, with potential age and salary concessions and a pathway to permanent residency for eligible…

The Economic Times · Oct 12

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The Economic Times · Oct 12

RBI measures, intervention spark rupee's sharpest rally in six months

On Monday, the Indian rupee gained about 1% after the Reserve Bank of India announced measures to curb dollar demand. Oil companies' dollar purchases will now be directed away from the spot market, easing pressure on the rupee. This intervention aims to address the mounting balance of payments challenges due…

The Economic Times · Oct 12

India's retail inflation quickens to 5.54% in September from 4.83% in August, hits near two-year high

India's retail inflation accelerated to 5.54% in September 2026, a notable rise from August's 4.83%. This jump is particularly linked to rising food prices, predominantly in vegetables. Rural inflation hit 6.08%, outpacing urban inflation at 4.88%. In response, the Reserve Bank of India increased the benchmark repo rate by 25…

The Economic Times · Oct 12

Jefferies sees 35% upside in Adani Green shares, flags demand and execution triggers

Jefferies has maintained its ‘Buy’ rating on Adani Green Energy, setting a target price of Rs 1,695, implying 35% upside from the recent close of Rs 1,255. The brokerage sees the stock’s 22% correction from its peak as an opportunity, citing attractive valuations, rising power demand, improving utilisation at Khavda…

The Economic Times · Oct 12

Nepal flash floods explained: Why the country is facing repeated disasters and should India be worried?

Nepal Flash Floods Reason: Nepal has witnessed another flash flood after a landslide blocked the Budhi Gandaki River in Gorkha district. Here's why repeated floods are hitting the Himalayan country, how climate change and unstable mountain slopes contribute to the risk, and why India needs to monitor downstream rivers.

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The Economic Times · Oct 12

Plan to shackle Hope executed to perfection: Indian pacer Arshdeep Singh

India secured a 14-run victory in the third T20 International against West Indies, leading the series 2-1. Arshdeep Singh played a crucial role by taking three wickets, effectively resigning Shai Hope for just five runs. The bowlers executed their strategy successfully, limiting West Indies to 209 after batting first. Arshdeep…

The Economic Times · Oct 12

Salary from South Korean employer credited to NRE account triggers income tax notice; ITAT Bangalore gives employee relief

Employee gets income tax notice over salary received in NRE account from South Korean employer; ITAT Bangalore gives him relief. Know what NRIs should note if they get money in their NRE account.

The Economic Times · Oct 12

Borrower took a loan using 103 grams of gold jewels, bank found jewellery fake during a surprise check conducted without his consent, lender ordered to pay gold’s value plus Rs 50,000

A Shimla consumer commission has ordered a lender to pay a borrower the market value of around 103 grams of pledged 22 carat gold, plus Rs 50,000 as compensation and costs. It found the lender did not follow RBI rules on consent and notice for surprise verification of pledged gold.

The Economic Times · Oct 12

Egypt reopens 3,400-year-old tomb located 46 feet underground. First found during Napoleon era, it has hieroglyphs from the Book of the Dead

Amenhotep III's tomb has been reopened to the public after undergoing significant restoration in Egypt. Initially unearthed during Napoleon’s expedition in 1799 and thoroughly excavated in 1915, the tomb still showcases remarkable wall paintings and hieroglyphs, despite extensive looting. Amenhotep III, who ruled for an impressive 38 years, was responsible…

The Economic Times · Oct 12

Michael Burry screams big market crash ahead! Why legendary investor Peter Lynch ignored such predictions

Michael Burry warns that markets may be in denial over an AI bubble, while Ray Dalio sees signs of a classic bubble nearing a turning point. Peter Lynch’s investing philosophy offers a reminder to focus on businesses rather than market timing.

The Economic Times · Oct 12

India's Hatsun Agro targets up to 50% revenue growth over next two years

India's Hatsun Agro Product expects revenue to rise as much as 50% over the next two financial years, supported by a wider milk procurement network and expansion beyond its southern Indian stronghold, Chairman RG Chandramogan told Reuters.

The Economic Times · Oct 12

US Midterm Elections 2026: The races that will decide control of the US Senate

Control of the US Senate will hinge on a small group of closely watched races, with Democrats defending seats in Georgia, Michigan and New Hampshire while targeting Republican-held contests in Maine, North Carolina, Ohio, Alaska, Iowa, Texas and Kansas. Democrats need a net gain of four seats for a 51-49…

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