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The Latest Breaking News from The Economic Times

South Korea test-flies its first domestically developed hypersonic weapon

On Thursday, South Korea conducted its first flight test of a domestically developed hypersonic weapon. The weapon is designed to travel at least five times the speed of sound, increasing defense capabilities. President Lee Jae Myung attended the test and emphasized strengthening national security. This development follows escalating tensions with…

The Economic Times · Oct 8

NHRC takes suo motu cognisance of alleged sexual harassment of three women journalists during October 3 protest

The National Human Rights Commission is currently investigating serious allegations of sexual harassment involving three women journalists during a protest at Jantar Mantar on October 3. The Delhi Police have filed complaints and routed the case to their Crime Branch. Tensions escalated when demonstrators were detained for demanding an FIR,…

The Economic Times · Oct 8

May join CJP's Jantar Mantar protest on Oct 10, will decide later: Mamata Banerjee

Mamata Banerjee has signaled her intent to join a protest at Jantar Mantar on October 10, voicing strong criticisms against the BJP and the Election Commission for alleged electoral misconduct in West Bengal. She expressed her support for Congress leaders Rahul Gandhi and Priyanka Gandhi Vadra, highlighting their treatment during…

The Economic Times · Oct 8

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Market wrap: Infosys, Tech Mahindra, Adani Ent, ITC top gainers and losers on Nifty and Sensex on Thursday

Indian markets extended their sell-off as the RBI’s hawkish policy stance pressured rate-sensitive sectors and reset near-term valuations. The Nifty fell 1.64% to 22,231.80, while the Sensex dropped 1.46% to 71,593.24, with metals and realty leading losses.

The Economic Times · Oct 8

SIR row: 'Zero transparency, zero accountability from EC', alleges YouTuber Dhruv Rathee

Prominent YouTuber Dhruv Rathee took part in a demonstration calling for the resignation of Chief Election Commissioner Gyanesh Kumar. He spotlighted the Election Commission's failures in ensuring transparency and proper management of voter lists. By sharing multiple examples from different regions where the integrity of the voter rolls was compromised,…

The Economic Times · Oct 8

Who is Anne Carson, the Canadian author who won the 2026 Nobel Prize in Literature?

Anne Carson has received the 2026 Nobel Prize in Literature for her inventive body of work. She merges classical traditions with contemporary literature, creating new literary forms. Carson's career includes prominent books like Autobiography of Red and The Beauty of the Husband. Her achievements have earned her various prestigious awards…

The Economic Times · Oct 8

Rates, inflation and AI emerge as key risks for global growth: Deutsche Bank Survey

Rising interest rates and bond yields are the biggest growth risks for wealthy investors, while Asia is seen as the most stable geopolitical region and the US remains the preferred destination for capital allocation.

The Economic Times · Oct 8

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HC expresses surprise at Sachin Waze's high-end cars, five-star hotel stay; notes extortion allegations

The Bombay High Court is questioning former assistant police inspector Sachin Waze's use of luxury vehicles and hotel stays. Witness statements indicate that Waze drove high-end cars and stayed at a five-star hotel for months. The court is concerned about the source of his income, given his modest salary as…

The Economic Times · Oct 8

Kandla Port courts global hydrogen firms for green-fuel, shipping projects

The Kandla Forum 2026, hosted by Deendayal Port Authority, brought together over 200 professionals from the clean-energy sector, both globally and locally, to foster investments in green fuel and innovative technologies. The forum focused on enhancing Kandla's green-hydrogen infrastructure for maritime applications, showcasing cutting-edge solutions through a technology exhibition.

The Economic Times · Oct 8

Bengaluru techie earning Rs 90 lakh gets a nearly Rs 3 crore offer from US, estimates Rs 70 lakh savings per year, still confused seeks advice

A 36-year-old tech professional’s possible move to the US has sparked a debate over whether higher nominal pay would translate into a better financial and career outcome. While he expects to save thousands of dollars each month in San Jose and sees potential for professional growth, Reddit users remain divided,…

The Economic Times · Oct 8

Nobel Prize in Literature 2026 awarded to Canadian author Anne Carson

Canadian author Anne Carson has been awarded the 2026 Nobel Prize in Literature for her unique contributions. This prize, announced by the Swedish Academy, acknowledges her engaging interaction with classical traditions. The Nobel Prize in Literature is accompanied by a monetary award, a medal, and a diploma. Since its inception…

The Economic Times · Oct 8

TCS dividend! IT giant declares second interim dividend of Rs 12 per share for FY27

TCS announced a second interim dividend of Rs 12 per share for FY27 after reporting a 15% rise in Q2 net profit to Rs 13,884 crore. Revenue grew 11% to Rs 73,188 crore, while operating margin stood at 24%.

The Economic Times · Oct 8

AI impact on middle managers: Goldman Sachs ring alarm bells as freshers could do senior-level work from day one

Goldman Sachs executive Kevin Sneader says AI could reshape the traditional career ladder, allowing freshers to manage AI agents and take on responsibilities once handled by experienced managers.

The Economic Times · Oct 8

‘Mar-a-Lago face’: Susan Dell, wife of Dell CEO, goes viral after White House appearance with Trump

Susan Dell and President Donald Trump recently appeared to promote Trump Accounts, providing investment funds for children. The initiative aims to distribute $1,000 in seed money to eligible newborns born between 2025 and 2028. Susan Dell encouraged families to claim these accounts, which are now available. Michael Dell highlighted the…

The Economic Times · Oct 8

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The Economic Times · Oct 8

CPHI Milan: Beyond generics, how Indian pharma is rewriting its global playbook

At CPHI Milan, Indian pharma players are looking beyond traditional exports, using partnerships, licensing, CDMO, and differentiated products to expand their global footprint as geopolitical and supply-chain risks reshape the industry.

The Economic Times · Oct 8

FD rate hike calculator: Check extra maturity you can get on Rs 1 lakh-Rs 10 lakh deposits

The Reserve Bank of India has increased the repo rate from 5.25% to 5.50% during its recent meeting. This hike is expected to encourage banks to raise their fixed deposit interest rates soon. Customers could earn considerably more on their fixed deposits with even small increases in interest rates. Detailed…

The Economic Times · Oct 8

Anand Mahindra compares Nana Patekar to Brando in heartfelt tribute: ‘He became a character larger than any he played’

Anand Mahindra expressed his condolences for the death of actor Nana Patekar on social media. Mahindra emphasized Patekar's cultural impact and distinct persona in Indian cinema. He noted that Patekar represented qualities such as individuality, authenticity, and humor. Many prominent figures from various fields mourned his passing, acknowledging his influence…

The Economic Times · Oct 8

RBI intervention halts rupee's slide to record low, risks linger

The Indian rupee struggles amid climbing oil prices and a weakening of Asian currencies. Despite the Reserve Bank of India's intervention, traders remain wary regarding the future of the currency. Many market players doubt that a central bank interest rate hike will stem capital flight, while escalating Brent crude prices…

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The Economic Times · Oct 8

BLS International partners with Signzy to enhance fraud detection in visa processing services

BLS International has partnered with Signzy to improve its visa and consular services through advanced technology. This collaboration integrates Signzy’s capabilities for document verification and fraud detection. The technology aims to streamline verification processes and enhance accuracy in operations. BLS International emphasizes using technology to flag issues while leaving final…

The Economic Times · Oct 8

Keep UPI free, govt should withdraw proposed charges: GTRI

The Global Trade Research Initiative has urged the government to withdraw the proposed UPI charges set for October 15. Introducing fees on UPI transactions may adversely affect small businesses and consumer spending. Maintaining free UPI supports broader digital payments and benefits banks and payment apps. The anticipated changes could lead…

The Economic Times · Oct 8

Nitin Gadkari’s bike taxi push gets boost as Maharashtra notifies transition timeline from petrol bikes to EVs

The state of Maharashtra has unveiled a carefully planned approach allowing bike-taxi operators to shift to electric vehicles over a span of nine months. This effort is designed to facilitate the transition for drivers while building a controlled bike-taxi system. Union Minister Nitin Gadkari noted the considerable employment potential that…

The Economic Times · Oct 8

Why electric vehicles sales are lukewarm in America, but hot in Europe

Electric vehicle sales in the United States have dropped 30.7% this year following the expiration of a federal subsidy. In contrast, European buyers have embraced electric vehicles, significantly increasing their market share amid rising fuel prices. Many US automakers have discontinued electric models, with buyers shifting towards hybrids and used…

The Economic Times · Oct 8

INDIA bloc to protest at Rajghat as Kharge hosts 2nd lunch for Opposition MPs

Congress president Mallikarjun Kharge hosted a lunch for INDIA bloc leaders at a Connaught Place restaurant. The meeting aimed to discuss ongoing protests demanding the resignation of Chief Election Commissioner Gyanesh Kumar. Multiple opposition leaders joined the lunch, expressing unity against perceived authoritarianism in election processes. Rahul Gandhi and others…

The Economic Times · Oct 8

India turn focus to Asian Champions Trophy after Asian Games triumph

India will participate in the Asian Champions Trophy from October 27 to November 5. The tournament will take place in Jalandhar and Mohali with six competing teams. Head coach Craig Fulton emphasised the need for continued focus and discipline after their Asian Games success. Matches will be held at the…

The Economic Times · Oct 8

CISF increases 'additional reserve' personnel in CEC Gyanesh Kumar's 'Z+' category security

In response to protests regarding alleged electoral manipulation, additional CISF personnel have been deployed for Chief Election Commissioner Gyanesh Kumar. This increase in security follows demands for Kumar's resignation from the INDIA alliance, which includes prominent opposition leaders. The protests claim the Election Commission is acting in favor of the…

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