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UNCOVERED: 25 - The Untold Story

Jio’s $3.2 billion IPO tests Ambani appeal with young Indians

Reliance Industries Ltd. is gearing up to introduce Jio Platforms Ltd., anticipated to be the largest IPO in India. Slated for October 21, 2023, the IPO aims to attract around $3.2 billion. With shifting investor perspectives, particularly among the younger demographic who favor immediate profits over long-term investments, Jio's valuation…

The Economic Times · Oct 17

Trump's waiver of Graham law curbs comes as a relief to India, other Russian energy buyers

Trump’s waiver of Graham bill provisions could leave US navigating competing priorities: sustaining pressure on Moscow, containing domestic fuel costs and avoiding unnecessary trade disputes with major energy buyers. For India, the suspension offers immediate relief from a potentially damaging tariff escalation, but similar future threats have not disappeared.

The Economic Times · Oct 17

'Getting paid by Putin': Democrats criticise Trump's waiver of sanctions under Lindsey Graham Act

US lawmakers and critics have condemned President Donald Trump’s decision to waive key Russia sanctions and tariff provisions under the Lindsey Graham Act, accusing him of siding with Vladimir Putin and betraying Ukraine. The move comes amid a Russian diesel supply deal, rising US fuel prices and India’s concerns over…

The Economic Times · Oct 17

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US holds more secret talks with Myanmar's military-backed rulers in Tokyo, sources say

The US and Myanmar’s military-backed government held talks in Tokyo last week, their second meeting in a month, as Washington seeks cooperation on scam centres targeting Americans and explores access to Myanmar’s rare-earth deposits. The renewed engagement signals a shift in US policy despite continuing sanctions and concerns over human…

The Economic Times · Oct 17

China's luxury demand recovery may remain elusive, forcing global brands to rethink growth: Bernstein report

A report by Bernstein indicates that the luxury goods industry faces challenges due to reduced Chinese consumer demand. Economic factors such as falling property prices and youth unemployment are contributing to a weakened market. Companies may need to adjust their pricing strategies to meet consumer expectations for affordability and value.

The Economic Times · Oct 17

Tamil Nadu weather update: Heavy rain lashes Chennai, Karaikal; are schools and colleges closed today due to rain?

Tamil Nadu weather today: Tamil Nadu is likely to see continued rainfall on October 17 as the northeast monsoon remains active. IMD has forecast moderate rain with occasional heavy spells in Chennai and warned of heavy to very heavy rain in several districts. Here is the latest weather forecast, key…

The Economic Times · Oct 17

Trump says Saudi Arabia should accept Israel's "helpful" offer against Houthis

US President Donald Trump has urged Saudi Arabia to accept Israel's offer of help against Houthi rebels, calling Israeli support "very helpful". Trump also said Saudi Arabia could join the Abraham Accords, as regional hostilities intensify, Iran denies involvement in Houthi attacks, and Yemen's government reports missile strikes near Aden…

The Economic Times · Oct 17

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Elon Musk's Starlink responds to Reliance, says ‘ready to connect India’ with high-speed internet

Starlink has said it is ready to provide high-speed internet services in India, asserting that it has spent over five years working with regulators, industry and operators and built dedicated infrastructure with the requisite government approvals. The Elon Musk-led company made the statement while tagging Reliance Industries' post on competition…

The Economic Times · Oct 17

Saturday bank holiday: Are SBI, HDFC Bank, ICICI Bank and others open or closed today on October 17, 2026?

Bank holiday today: Today, banks will function as usual across most parts of India, with Tripura being the exception due to the Maha Saptami festivities. The Reserve Bank of India has outlined specific holidays for various October festivals, particularly affecting operations on the second and fourth Saturdays.

The Economic Times · Oct 17

Dhruv Rathee announces London protest against 'vote chori'; says time to ring the 'international bells'

YouTuber Dhruv Rathee has announced a protest in London against alleged 'vote chori', urging supporters in the British capital to join a demonstration outside Parliament Square on Saturday. In a post on X late Friday night, Rathee said the protest would take place at noon near Mahatma Gandhi’s statue.

The Economic Times · Oct 17

Trump puts Russia sanctions bill on hold, cites US national interest; retains power to reinstate measures

US President Donald Trump has waived the application of certain sanctions, restrictions and duties on Russia under the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, according to an executive order issued on Saturday. The order outlines a waiver of specified measures provided for under the legislation.

The Economic Times · Oct 17

Apple names Meta veteran Scott Tucker as litigation chief in legal team shake-up

Apple has hired former Meta litigation chief Scott Tucker as vice president of global litigation and financial services, strengthening its legal leadership amid mounting antitrust, patent and other lawsuits. The appointment is part of a broader reorganisation under General Counsel Jennifer Newstead, as the iPhone maker faces legal setbacks threatening…

The Economic Times · Oct 17

US Stock Market today: Why have S&P 500, Nasdaq, Dow Jones suffered biggest drops since June? Top, worst performing stocks at Wall Street

US Stock Market: Energy stocks held up better than most. Exxon rose 2.5 per cent and Chevron added 2.6 per cent. Alcoa rose 2.5 per cent and The Travelers Cos. gained 1.5 per cent after the companies reported quarterly results that topped Wall Street forecasts.

The Economic Times · Oct 16

US bond 10-year yields suffer biggest weekly drop in over year. Why is treasury note down?

US bond yield on the benchmark US 10-year Treasury note was unchanged at 5.087 per cent after earlier rising to 5.1334 per cent. The yield on the 30-year bond rose 0.5 basis point to 5.433 per cent after trading earlier at 5.464 per cent.

The Economic Times · Oct 16

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The Economic Times · Oct 16

Tesla share price drops after unveiling Roadster Sports Car: Check Elon Musk's SpaceX backed flying car's features, available timeline

Tesla's first Roadster was launched back in 2008. And in 2018, Musk went as far as placing one on a rocket — with a mannequin dubbed “Starman” in the driver's seat — and launching it into space.

The Economic Times · Oct 16

Mexico Baja Coast May Day Call: US Coast Guard saves 16 people, 11 missing. What has happened?

Migrants are increasingly turning to the risky alternative offered by smugglers to travel by sea to avoid heavily guarded land borders. Small boats called pangas leave Baja in the dead of night and sometimes travel hundreds of miles north.

The Economic Times · Oct 16

US stocks: US market ends down sharply; worries about AI trade and high oil prices weigh

Wall Street faced a sharp decline on Friday as AI-related technology stocks came under renewed pressure. Concerns regarding debt-laden AI infrastructure companies affected investor sentiment heading into the weekend. Additionally, a rise in oil prices fueled market fears about economic stability and rising borrowing costs. The S&P 500, Dow Jones,…

The Economic Times · Oct 16

Sean Diddy Combs transfer from FCI Fort Dix to FCI Allenwood Low: Why has disgraced hip-hop mogul been moved to Pennsylvania federal prison?

Sean Combs is serving a four-year, two-month sentence for his conviction last year on prostitution-related charges for transporting people across state lines for sexual encounters.

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The Economic Times · Oct 16

Pope Leo lung cancer raises serious questions about cancer risk for nonsmokers. Here's what researchers are saying

Pope Leo had the lower lobe of his right lung removed after doctors identified a suspected cancerous nodule. The surgery confirmed he had adenocarcinoma, the most common type of lung cancer.

The Economic Times · Oct 16

17-year-old Miami scientist Gabriella Rothberg is genetically engineering tomatoes that taste like beef burgers and could provide iron-rich nutrition

Gabriella Rothberg, a 17-year-old scientist, is working on genetically engineering tomatoes to taste like beef. These tomatoes aim to provide iron while retaining the nutritional benefits of plants. The project is associated with Maddison Marshall, a PhD candidate at the University of Miami. Rothberg has documented her experiments on social…

The Economic Times · Oct 16

Starshield curbs for Ukraine not ordered by Donald Trump, says United States

After criticisms from Donald Trump regarding Ukraine's actions, it was reported that Starshield services were restricted. A US official confirmed that no request for service reduction came from the president. Ukrainian President Volodymyr Zelenskyy stated that operations had improved but were not fully restored. The disruptions in satellite communications posed…

The Economic Times · Oct 16

How to remove bad smells from a refrigerator? Try these simple ways to keep it fresh and odour-free

Refrigerators often pick up unpleasant odors from spoiled food or spills. To combat this, maintain a cleaning routine and store food properly. Baking soda is a great remedy for absorbing persistent smells. Ensure that leftovers are in airtight containers to minimize odor transfer. Regularly checking for expired items is also…

The Economic Times · Oct 16

'Under attack' from fragrance, Hanoi prunes its famous blossoms

Hanoi is pruning hundreds of its iconic milkwood trees after residents complained the blossoms are causing daily discomfort, breathing issues.

The Economic Times · Oct 16

Iran boosts defences after POTUS leaves room for 'Mother of all Bombs'

Iran's military has reportedly strengthened its defenses against potential US airstrikes amid ongoing tensions. The Islamic Revolutionary Guard Corps is actively involved in joint exercises with the army to enhance operational capabilities. US President Donald Trump has suggested the possibility of using powerful weapons against Iran, raising concerns. Iranian officials…

The Economic Times · Oct 16

Olympics: Dispersed Games to become increasingly common, says USOPC CEO Hirshland

IOC officials hailed the most recent Milano Cortina Games as a success, despite early concerns over the first spread-out Winter Olympics that had venues scattered over 22,000 kilometres. The upcoming LA28 Games are also expected to be spread out, with softball and canoe slalom set to take place in Oklahoma…

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