Economy / The Economic Times
RKLB stock: Rocket Lab's stock surged following a significant deal with Japan's space agency, JAXA, for two dedicated Electron rocket launches. The first mission in December 2025 will deploy a demonstration satellite, while the second in 2026 will carry eight diverse payloads. This partnership underscores Rocket Lab's growing importance in Japan's burgeoning space industry.
Applied Digital stock jumped after strong first-quarter results and new data center deals. Revenue grew fast, losses were smaller than expected, and Polaris Forge 1 is fully leased. The company started Polaris Forge 2, which will expand capacity in 2026-2027. Analysts raised price targets, showing confidence in Applied Digitals growth and future in data centers and AI infrastructure.
The 47th Bank of America Chicago Marathon is scheduled to be on Sunday, October 12, 2025, beginning and concluding at Grant Park. More than 50,000 participants from around the globe will compete in the 26.2-mile race, which includes elite mens and womens divisions. Leading contenders such as John Korir, Megertu Alemu, Timothy Kiplagat, and Hawi Feysa are anticipated to challenge course records. Prize award amounts to $560,000, with extra bonuses for course records.
Venezuelan opposition leader Mara Corina Machado dedicated her Nobel Peace Prize to Donald Trump, citing his decisive support for Venezuela's fight for democracy. Machado expressed confidence in Trump and the US to help achieve freedom. The Nobel Committee honored Machado for her tireless work promoting democratic rights and a peaceful transition from dictatorship.
Netflix is giving Love Is Blind Season 9 fans an exclusive early viewing opportunity through a special virtual watch party, letting audiences see the next episode before its official release.
The government has mandated registration on a renewable energy equipment import monitoring system for importers of solar and wind energy components, effective November 1. This applies to items like photovoltaic cells and wind turbine parts. Separately, imports of Sulfadiazine API below Rs 1,774 per kg are restricted until September 30, 2026, with exemptions for certain entities.
Bank unions strongly protest the government's decision to open top positions in public sector banks to private sector candidates. UFBU argues this move is a de facto privatization and a legal/constitutional transgression, demanding the revised guidelines be suspended pending a comprehensive review and stakeholder committee formation.
Ceigall India has secured a Rs 6.61 crore arbitration award with 12% future interest from the arbitral tribunal. The Punjab Public Works Department is also directed to release an Rs 80 lakh bank guarantee. This award, related to the Halwara Airport Terminal project, reinforces the company's execution credibility and financial position.
Luke Barwikowski, Pixels CEO, discovered coding at 12 and turned down a $130,000 college job to pursue adventure. During the pandemic, he developed Pixels in a secluded New Zealand cabin, continuing work while sailing to Fiji under challenging conditions. Despite setbacks, including a brief potato-farming stint, he refined the company through a Bay Area accelerator. By 2024, Pixels generated $20 million in revenue, allowing Barwikowski to lead while living a semi-nomadic, adventure-driven lifest
A young couple's dream of buying a home with Rs 25 lakh savings was re-evaluated by a CA. He advised them to invest an additional Rs 52,000 monthly instead of buying, projecting Rs 1 crore savings in ten years. Three years later, their savings grew to Rs 38 lakh, highlighting the importance of strategic timing in homeownership.
The worst appears to be over for microfinance institutions, though adequate funding support remains crucial for the sector. While asset quality stress is expected to persist into the second half of the fiscal year, a decline in stress patterns indicates a potential reversal in loan outstanding, contingent on continued institutional support and adherence to regulatory norms.
Actor David Del Rio has been removed from the CBS series Matlock. This action follows an alleged sexual assault incident involving his co-star Leah Lewis. The studio investigated the claims promptly. Filming continues as writers work to remove Del Rio's character. Lewis has shared a message of strength and moving forward. The show's second season is scheduled to premiere soon.
The National Conference has announced three of its candidates for the upcoming Rajya Sabha polls in Jammu and Kashmir, scheduled for October 24. Discussions are ongoing with the Congress for the fourth seat. The party's core committee finalized the nominations after a meeting.
Pakistan Army spokesman Lt Gen Ahmad Sharif Chaudhry rejected talks with terrorists, attributing the rise in militancy in Khyber Pakhtunkhwa to a deliberate plan and governance failures. He highlighted the provincial government's shortcomings in implementing the National Action Plan and criticized the narrative advocating for negotiations with militants.
Union Home Secretary Govind Mohan inaugurated COCON 2025 in Kochi. He emphasized national unity to combat increasing cybercrime globally. Mohan highlighted the rise in digital arrests and cyber-dependent crimes. He urged vigilance from investigation agencies and the public. The conference discusses information security, data protection, and privacy. It brings together experts from various sectors.
Maria Corina Machado: Venezuelan opposition leader Maria Corina Machado receives the 2025 Nobel Peace Prize. The award recognizes her efforts for democracy and a peaceful transition in Venezuela. Machado expresses deep gratitude, dedicating the honor to her people. She believes this recognition will help achieve freedom and peace for Venezuela and the wider region.
Apples new iOS 26 call screening feature helps iPhone users stop scam calls. With Ask Reason for Calling, Siri asks unknown callers who they are and why they are calling. Users can choose to answer, reject, or send calls to voicemail. This free tool makes it easy to avoid unwanted calls and have more quiet time on your phone.
Shapoorji Pallonji expresses commitment to constructive role amid tussle with Tata Trusts and Tata Sons, advocating for listing to enhance transparency. Tata Trusts' board held a routine meeting, avoiding contentious issues like board appointments and governance, following a high-level meeting with government ministers.
A tech professional faced rejection after a minor salary revision request. He had accepted an offer for a remote ML role at a Kochi startup. Later, asking to include variable pay in his fixed salary was flagged as a red flag by HR. This led to the CEO confirming his rejection.
Nicole Kidman and Keith Urban, married for 19 years, are reportedly parting ways. The Babygirl icon filed for divorce after several months of developing distance, with the musician reportedly relocating earlier. As per the Star Magazine source, the couple decided to maintain the split privately while they formalized logistics and figured out how to divvy everything up.
IIT(ISM) Dhanbad, in collaboration with the University of Cambridge and TEXMiN, has established a Critical Minerals Supply Chain Satellite Observatory. This initiative, part of the UK-India Critical Minerals Supply Chain Observatory, will utilize advanced technologies to enhance India's capabilities in mineral traceability, sustainability, and resource mapping, fostering a globally resilient ecosystem.
If 3I/ATLAS is a naturally occurring comet, its close approach to the Sun could cause it to break apart into fragments. Comets commonly disintegrate due to solar heating, gravitational tidal forces, or rotational stress from uneven outgassing.
Israeli troops are pulling back from Gaza following a ceasefire and hostage exchange deal with Hamas. The agreement, ratified by the Israeli cabinet, will see the release of hostages in exchange for Palestinian prisoners. Residents are returning to devastated areas amid ongoing confusion about the full suspension of hostilities.
The insolvency tribunal NCLT has granted Punj Lloyd an extension for its liquidation process. The deadline is now March 12, 2026. This decision supports the completion of critical national projects. A sale of Punj Lloyd as a going concern is expected to maximize value. The company's skilled workforce and experience are key factors.
Amitabh Bachchan has purchased three adjacent land parcels in Alibaug for nearly Rs 10 crore to construct a luxury villa. This acquisition adds to the Bachchan family's growing property portfolio, which includes recent land purchases in Ayodhya. Alibaug's appeal as a prime investment destination is further enhanced by infrastructure development.
Silicon Valley billionaires, including Mark Zuckerberg, are reportedly building elaborate underground shelters and acquiring remote properties, sparking speculation about doomsday prepping. This trend intensifies as AI leaders express concerns about the potential fallout from developing Artificial General Intelligence (AGI), a technology they are actively creating.
A mysterious object, 3I/ATLAS, is passing through our solar system. Renowned astronomer Avi Loeb believes it might be alien technology. Its size, composition, and trajectory are unusual. Upcoming missions will observe its behavior. Scientists await data to determine if it is natural or artificial. This discovery could be significant for humanity.
The Madhya Pradesh High Court has rejected a plea to rebuild a mosque in Ujjain. The mosque was demolished for the Mahakal Lok complex expansion. The court stated that the right to practice religion is not linked to any particular location. Land acquisition followed due process, and compensation was distributed.
US stock market crash warning: Nassim Taleb warns investors that the current stock market rally masks a looming US debt crisis, a visible threat he calls a 'white swan.' He urges aggressive hedging, noting that a true 'black swan' event would be a miracle to resolve the debt, while AI presents both potential solutions and new risks.
A powerful 6.9-magnitude offshore earthquake struck the southern Philippines, impacting the same region hit by a 7.4-magnitude quake days earlier. The tremor, originating from the Philippine Trench, caused significant shaking and prompted evacuations, though the immediate tsunami threat has passed. Damage to buildings was reported, including cracks at an international airport.
Tide, a British business platform, will invest 500 million pounds in India over the next five years. This significant investment begins in 2026. The company will also create over 800 new jobs within the next 12 months. This move strengthens Tide's commitment to India and its role as a growth engine.
Disney has increased ticket prices for Disneyland and Disney World in 2025. Some passes are now much more expensive, while the cheapest tickets remain the same. The company says the change helps improve parks and build new attractions. Many visitors are now planning trips carefully to save money.
Arnold Schwarzeneggers ex-wife, Maria Shriver, is ready to be a brideagain, following over a ten year relationship with longtime partner Matthew Dowd. Sources indicates that Dowd has been a best friend to Shriver and given her unwavering support, in the best and worst of times, and Shriver is finally coming around and thinking, Why not get married? The insider stated, She considers him a soulmate.
A Madhya Pradesh court has remanded Sresan Pharma owner Ranganathan to 10-day police custody following alleged child deaths linked to Coldrif cough syrup. Meanwhile, the Supreme Court dismissed a PIL seeking drug safety reforms, with the Solicitor General arguing states are already taking action and have enforcement mechanisms.
Afghanistan's Foreign Minister Amir Khan Muttaqi has stated that no foreign military presence will be allowed at Bagram base. He emphasized Afghanistan's sovereignty and commitment to not allowing its territory to be used against others. India has offered goodwill gestures, including ambulances, and will upgrade its Kabul mission to an embassy.
Studying abroad at MIT presented a Reddit user with unexpected challenges beyond coursework, including loneliness and culture shock. Fellow Redditors offered advice, emphasizing the importance of finding passions outside academics, engaging with diverse international communities, and actively building social networks through clubs and daily routines to foster adjustment and growth.
TARC Ltd has achieved Rs 565 crore in sales and Rs 364 crore in collections for H1 FY2026. The company is planning new luxury and ultra-luxury projects. These developments will feature collaborations with renowned architects and consultants. TARC is confident in delivering value to stakeholders with its strong pipeline and financials. The luxury housing market shows enduring demand.
Gold prices surged past $4,000 per ounce in October 2025. Investors are eyeing a potential short-term correction. Safe-haven demand, central bank buying, and expectations of Federal Reserve rate cuts have fueled the rally. Experts warn gold is overbought, but the medium-term outlook remains bullish. ING forecasts an average gold price of $4,150 in 2026, while Goldman Sachs targets $4,900. Rising inflation and geopolitical uncertainty continue to support bullion. Can the bull run sustain momentum
At 23, Abel Ariza was a bellboy at Ritz-Carlton Barcelona, where encounters with high-profile guests like Leonardo DiCaprio, Bill Clinton, Nelson Mandela, and Mariah Carey shaped his leadership perspective. DiCaprio notably broke protocol to tip him with casino chips, saying, Build something you believe in. Today, as CEO of Everhaus Group, Ariza applies these lessons in purpose-driven management across Asia, emphasizing human connection, empathy, and valuing people in both hospitality and busine
The Income Tax Department has uncovered widespread non-compliance in Bihar and Uttar Pradesh, with sub-registrars failing to report large cash property transactions exceeding 2 lakh. Numerous deals over 30 lakh were also missing from records, indicating significant unaccounted cash flows in the real estate sector.
NYT Strands is a word association game featured in The New York Times Games section. Players link letters within a six-by-eight grid to form multiple words that share a common theme.
India's booming startup ecosystem faces a complex compliance landscape, from registration to taxation and labor laws. Experts warn founders often underestimate these risks, which can lead to fines or closure. Proactive compliance is crucial for investor trust, fundraising, and sustainable growth in the competitive market.
The State-Level Recruitment Commission Assam has announced the Assam Direct Recruitment Examination 2025 results for Grade 3 posts. Candidates can now check their scorecards on the official Assam Government website. Log in using your application number and password to view and download your result. Technical assistance is available via the help desk.
India's Quick Service Restaurant sector is experiencing unprecedented growth, fueled by significant investments and rising urban demand. Homegrown brands are achieving institutional valuations, driven by operational excellence, customer loyalty, and technology-enabled scaling. This evolution signals a golden era for well-managed QSR businesses poised for expansion and innovation.
Delhi Tourism is set to launch evening bus tours covering popular sites like Pradhanmantri Sangrahalaya, Bharat Mandapam, War Memorial, Dilli Haat, and the new Parliament complex. The purple-themed electric buses, featuring landmark images, will have onboard guides and charge Rs 500 for adults and Rs 300 for children. The service targets tourists and will start later this month or next.
Afghan Foreign Minister Amir Khan Muttaqi announced that Kabul will send diplomats to India to improve bilateral relations. He assured New Delhi that Afghan soil will not be used for activities detrimental to India's interests. This comes after extensive talks with External Affairs Minister S Jaishankar.