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THE TRUTH ABOUT: 59 - Caught on Camera

Rupee closes at 94.96 vs USD, logs best day in three weeks on NDF dollar sales, bailing shorts

On Tuesday, the Indian rupee experienced its most significant one-day increase in three weeks, driven by heightened dollar selling activity within the non-deliverable forward market. This prompted traders to adjust their positions, marking a reversal of the prior trend in forward market premiums. Additionally, other Asian currencies showed resilience against…

The Economic Times

Auto components industry expected to grow 8-10% in FY27: ACMA

Experts predict an 8-10 percent growth for India's auto component sector this fiscal year, riding on robust domestic demand and export performance. However, the industry faces challenges, including a trade deficit driven by higher imports of electronics and EV components, as well as labor shortages affecting small to medium enterprises.…

The Economic Times

US court unlikely to reject DOJ bid to drop Adani case, legal experts say

US legal experts say it would be highly unusual for a federal court to reject the Department of Justice's request to dismiss the criminal case against Gautam Adani. The DOJ has argued the prosecution was legally flawed, difficult to prove and inconsistent with Trump administration priorities, while experts say judges…

The Economic Times

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Congress says Nehru received Indonesia's highest honour 'without having to wrangle it'

Prime Minister Narendra Modi received Indonesia's highest honor, the Bintang Adipurna medal. This award recognizes his efforts in strengthening bilateral ties between the nations. Congress leader Jairam Ramesh commented on the award received by Nehru. He stated that India's first PM received it posthumously without any struggle. The medal is…

The Economic Times

Singing of national song, anthem made compulsory at all schools in Tripura: CM Manik Saha

Tripura's Chief Minister announced a new mandate for all state schools. The full national song Vande Mataram will now be sung daily. This directive follows guidelines from the Ministry of Home Affairs. The national anthem Jana-Gana-Mana will also be sung after Vande Mataram. This decision aims to foster national pride…

The Economic Times

India emerges as preferred election management partner as Indonesia eyes EVMs

An upcoming agreement between India and Indonesia will enhance cooperation in election technology. This collaboration will enable both nations to share best practices and strengthen their election authorities' capabilities. India's innovative Electronic Voting Machines are earning worldwide recognition, with several countries adopting these technologies along with indelible ink, underscoring India's…

The Economic Times

India follows path of development, not expansionism: PM Modi in Indonesia

Prime Minister Narendra Modi addressed the Indonesian Parliament, highlighting India's commitment to development. He accepted Indonesia's highest civilian honor on behalf of all Indians. Modi spoke of a pivotal phase in the India-Indonesia bilateral relationship. He emphasized shared growth, democratic values, and a common civilizational heritage. The Prime Minister expressed…

The Economic Times

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Swiggy shares jump 7% as foreign ownership falls below 50%. What this means quick commerce giant?

Swiggy shares rallied sharply on Tuesday after foreign ownership fell below 50%, taking the company closer to qualifying as an Indian-owned and controlled company. While no immediate operational changes follow, the milestone could eventually allow Instamart to own inventory directly, boosting margins and improving supply chain efficiency.

The Economic Times

Adani's Kutch Copper secures LME registration for 'Adani Copper' Grade A cathodes

Kutch Copper Ltd has achieved London Metal Exchange registration for its copper cathodes. This approval allows 'Adani Copper' to be delivered against LME copper futures contracts. The certification validates Kutch Copper's manufacturing excellence and responsible sourcing practices. This milestone strengthens India's role in the global refined copper supply chain. Adani…

The Economic Times

Woman suspected in Monaco bombing found shot dead near Kyiv, report says

The body of a Ukrainian woman, Anastasiia Berezovska, was discovered near Kyiv. She was the chief suspect in a Monaco bomb attack targeting businessman Vadym Yermolaiev. Yermolaiev and his family were injured in the explosion last week. Two individuals, including an intelligence officer, have been detained in connection with the…

The Economic Times

Earth's hidden ‘mini-moon’ revealed like never before: China’s Tianwen-2 captures first-ever close-up of Kamoʻoalewa, a mysterious asteroid that may be a lost piece of the Moon

China's Tianwen-2 spacecraft has captured the first close-up image of Kamoʻoalewa. This rare quasi-satellite is often called Earth's mini-moon and orbits the Sun. Scientists believe Kamoʻoalewa might be a fragment ejected from our Moon. The spacecraft will collect asteroid samples and return them to Earth. This mission aims to study…

The Economic Times

Europe may face 'more deadly weeks' as new heatwave builds, WHO warns

Europe faces more deadly weeks as a new heatwave forms over the Atlantic. Temperatures in Portugal and Spain are expected to reach forty-three degrees Celsius. Many European countries lack adequate heat-health action plans for protection. Experts link the recent severe heatwave to climate change impacts. Authorities are working to improve…

The Economic Times

Raising the bar: Saying it with chocolates, from pastries to perfume

Chocolate is a versatile ingredient celebrated for its intricate taste and diverse forms. It's integrated into an array of products, from beauty and skincare to unique savoury dishes. Brands harness chocolate's popularity to elevate various culinary experiences. In India, it's particularly influential in gifting and mithai traditions, while also finding…

The Economic Times

ECB tells banks to draw up plans against AI attacks amid disruption fears

European Central Bank requires banks to develop AI cyber threat plans. Banks must submit these detailed plans by October thirty-first. This action addresses growing concerns about advanced AI capabilities. Large-scale cyber disruptions could erode financial system trust and stability. Regulators are urging modernization and improved cyber hygiene across institutions.

The Economic Times

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The Economic Times

Quote of the Day by Galileo Galilei: “We cannot teach people anything; we can only help them...” The centuries-old lesson on learning, self-discovery, success and personal growth by Italian astronomer remains as relevant today as ever

Quote of the Day by Galileo Galilei : Galileo Galilei's quote 'We cannot teach people anything; we can only help them discover it within themselves' talks about personal discovery and exploration. Knowledge cannot be simply transferred from one person to another, he explained. Active engagement with ideas leads to genuine…

The Economic Times

ECLGS 5.0 crosses 4.11 lakh guarantees, extends Rs 1.55 lakh crore support to firms hit by West Asia crisis

The Emergency Credit Line Guarantee Scheme 5.0 has issued over 4.11 lakh guarantees. These guarantees amount to more than Rs 1.55 lakh crore for affected businesses. Micro, small, and medium enterprises received the vast majority of these guarantees. The scheme aims to provide additional liquidity support to eligible borrowers. This…

The Economic Times

Centre to refer 'Satluj' to inter-departmental committee under IT Rules after takedown

The government will refer the film "Satluj" to an Inter-Departmental Committee for review. This action follows ZEE5's directive to remove the movie due to security concerns. The film, detailing activist Jaswant Singh Khalra's life, was released uncut on the platform. It had previously faced delays with censors for over three…

The Economic Times

Amit Shah, Rekha Gupta flag off 300 e-buses to strengthen Delhi's public transport

Union Home Minister Amit Shah and Delhi Chief Minister Rekha Gupta flagged off 300 electric buses. They also laid the foundation stone for a new multi-level bus depot. This addition increases Delhi's electric bus fleet to approximately 4,800 vehicles. The expansion aligns with the city's policy to promote electric vehicle…

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The Economic Times

15-year-old allegedly used ChatGPT to hack anime platform, unsubscribed 46,000 users in Japan

A Japanese teenager was arrested for allegedly using AI to disrupt Bandai Namco's streaming service. The cyberattack caused the cancellation of over 46,000 user accounts and left the platform offline. Investigators believe the student used ChatGPT to help develop software for unauthorized access. Personal data of over 1.3 million members…

The Economic Times

Wayanad landslide: IMD issues red alert after heavy rains; one dead and seven missing

A landslide at a tunnel project site in Wayanad district has prompted authorities to issue a red alert amid severe rainfall in Mananthavady and Vythiri. The disaster has resulted in one confirmed fatality, with seven people reported missing. To safeguard nearby residents, evacuation orders have been executed. The landslide's impact…

The Economic Times

Seoul dives on tough day for Asia as Samsung fails to ease tech woes

Seoul stocks led Asian market losses as Samsung's shares tumbled significantly. Investors remained cautious despite strong earnings and AI-driven demand for memory chips. Wall Street indexes reopened with gains, easing worries over a tech sector retreat. Oil prices climbed over one percent after an incident off Oman's coast. Traders await…

The Economic Times

Global Market: Britain's bond market poses early fiscal test for Andy Burnham

Britain's government bond market is expected to be a key test for Andy Burnham's economic credibility as investors scrutinise his commitment to fiscal discipline amid mounting spending pressures. While easing bond yields have offered some relief, analysts say persistent inflation risks and rising debt servicing costs will keep markets focused…

The Economic Times

Political leaders meet Baruipur victim's family, assure support in fight for justice

Leaders from various political parties met the family of the deceased girl. They assured the family of their unwavering support in seeking justice. The family expressed satisfaction with the government's current role and actions. Police initially restricted some delegations but later allowed entry. Three individuals have been arrested in connection…

The Economic Times

Heart's pumping strength tied to future memory loss: Study finds heart function drop could reveal Alzheimer's disease; memory decline may follow

A new study published in the Journal of Neuroscience has found that even minor cardiac dysfunction can predict microscopic tissue damage in brain regions associated with Alzheimer's disease. Researchers tracked 73 patients over 3.5 years and found that reduced heart pumping efficiency preceded measurable brain deterioration and memory decline.

The Economic Times

US Forced Labour Hearings: Trump's next tariff threat looms over 60 countries, including India

The United States is considering new tariffs on sixty nations, including India, due to forced labor concerns. Hearings will begin to discuss potential import duties on goods suspected of forced labor origins. India has rejected these allegations and is presenting its case to US trade officials. This move could impact…

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