The Latest Breaking News from The Economic Times

Amazon, Flipkart festive sales begin at midnight: iPhone 17, Galaxy S25 Ultra, OnePlus Nord CE 5 and more deals

Amazon and Flipkart are set to begin their festive sales featuring various smartphone discounts. Smartphones such as Apple iPhone 16 and Samsung Galaxy S25 Ultra will have significant price reductions. Both platforms are offering additional bank card discounts to encourage purchases during the sales. The events are expected to attract…

The Economic Times · Oct 7

Socrates on human attraction and love: ‘Beauty is the bait which with delight allures man to...'

Why are we so easily drawn to beauty? Greek philosopher Socrates offers an interesting take on attraction, suggesting beauty can draw people together and play a role in relationships, love and the continuation of the human race.

The Economic Times · Oct 7

How can you watch Mike Flanagan's Carrie series online for free this October?

Mike Flanagan has released a new adaptation of Stephen King's Carrie, which is available on Prime Video. The series features Summer H. Howell as Carrie White and Samantha Sloyan as Margaret White. New members of Prime Video can take advantage of a 30-day free trial to watch the series. Flanagan's…

The Economic Times · Oct 7

IndiGo flight struck by lightning, lands safely at Lucknow airport

Flight 6E925, operating from Patna to Lucknow, took the lightning strike while approaching Chaudhary Charan Singh International Airport. Despite the incident, the Airbus A320-251N completed the landing safely.

The Economic Times · Oct 7

‘Emerging Markets’ is obsolete: India, Taiwan and South Korea no longer fit neatly in the same box

Current classifications distinguishing between emerging and developed financial markets fall short of accuracy, as illustrated by South Korea and Taiwan's advanced economic standing. Meanwhile, Bulgaria's classification as a frontier market seems contradictory to its EU affiliation and growth. Therefore, a more sophisticated framework is crucial for investors, aiming to gain…

The Economic Times · Oct 7

US bond selloff resumes as 10- and 30-year yields hit fresh 24-year highs

US Treasuries are facing significant selling pressure as yields hit new highs, fueled by ongoing inflation concerns. Higher oil prices have exacerbated worries about sustained inflation in the market. The 10-year and 30-year bond yields have soared to their highest levels in 24 years. Additionally, rising corporate borrowing is vying…

The Economic Times · Oct 7

Akshaye Khanna not returning for ‘Ikka 2’; Sunny Deol to reprise his role as lawyer Arjun Mehra: Report

Sunny Deol will reprise his role as Arjun Mehra in the upcoming sequel 'Ikka 2'. Akshaye Khanna will not return, indicating a significant change in the franchise. The sequel will focus on a new storyline rather than continuing the first film's plot. Production is expected to start next year after…

The Economic Times · Oct 7

KTR hits out at Rahul Gandhi over arrest of BRS leader; calls him 'coward,' 'undemocratic'

K T Rama Rao took a stand against Rahul Gandhi, condemning his undemocratic behavior during a protest in Delhi. He pointed out Gandhi's involvement in the political chaos in Telangana through ties with Revanth Reddy. The situation worsened with the arrest of BRS leader Krishank Manne, who is linked to…

The Economic Times · Oct 7

India's GST Revolution: How India’s biggest indirect tax reform changed its economy and its way of doing business

India's GST Revolution: GST has transformed India's indirect taxation system, eliminating many previous levies to streamline compliance and taxation. Following its introduction in 2017, businesses adjusted to new frameworks and updated regulations. Key changes included the phased introduction of e-invoicing and the removal of border checkposts enhancing logistics.

The Economic Times · Oct 7

Small business owners can now write off $2.56 million in purchases in 2026, and this deduction is the one everyone is talking about now

Small business owners have a major tax break to consider in 2026. Businesses can immediately expense up to $2.56 million in qualifying purchases under Section 179, up from $1.25 million in 2025. The deduction starts to phase out when total qualifying purchases go above $4.09 million.

The Economic Times · Oct 7