BUDGET 2015
PM Modi asks new NITI Aayog team to craft ideas to improve lives of India's poorest
Prime Minister Narendra Modi has asked the new NITI Aayog leadership to develop transformative ideas to improve the ease of living for marginalised people while advancing India's long-term development goals. He called for greater collaboration with research institutions and state governments, and urged officials to assess conditions on the ground.
US midterm elections: What a Democratic Congress could mean for Indian H-1B visa holders
The potential shift towards a Democratic majority in Congress may reshape the discourse on immigration law. Nevertheless, specialists indicate that immediate adjustments for Indian tech workers concerning H-1B visas are improbable. The lingering impact of the previous administration on immigration policy remains prominent.
After Louvre heist and string of thefts, Europe's smaller museums are on guard
A recent theft at the Fondazione Magnani Rocca museum resulted in €9 million worth of stolen artworks. The incident reflects a broader trend of increasing thefts at smaller museums across Europe. Research indicates that many cultural institutions lack adequate security and emergency plans to combat such threats. Authorities are taking measures to improve security, including investing in technology and surveillance.
What is maxxing? Meaning, history and why it beat unc and affordability to become 2026 Word of the Year
From improving physical appearance to optimising sleep and AI use, “maxxing” has become shorthand for pursuing something to its fullest. Dictionary.com has chosen the term as its 2026 Word of the Year, alongside a shortlist featuring “affordability”, “data center”, “odyssey” and “unc”.
AI cuts some Deutsche Bank corporate loan decisions to minutes
Deutsche Bank is revolutionizing corporate lending by harnessing AI technology to expedite decision-making processes. This innovation is set to benefit both smaller and larger corporations. Marie-Jeanne Deverdun emphasized the necessity of addressing cybersecurity risks inherent in these systems. The establishment of the internal AI platform, ADA, aims to bolster risk management. Additionally, Deutsche Bank is poised to make significant technological investments to shape the future of AI in banking.
A missed call for China is a loud wake-up call for desi companies
Indian smartphone brands Lava and Ai+ are gaining market share as Chinese rivals retreat amid soaring memory chip prices and shrinking demand. Domestic brands captured 7% of shipments in the September quarter, their highest share in nearly eight years. Government incentives and India's manufacturing expansion offer a boost, but technology, distribution, after-sales service and customer loyalty remain critical to sustained growth.
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Charting the global economy: Inflationary pressures mount in US
A broad upswing in consumer prices last month helps reinforce expectations for additional Federal Reserve interest-rate increases in the months ahead.
Little guys make the big show: Two of MLB's smallest spenders will meet in the World Series for first time since 1991
The Milwaukee Brewers defeating the Los Angeles Dodgers sets up a unique low-budget World Series matchup. This series will begin on October 23 and features teams with lower payrolls. No small-market team has won the World Series since 2015, with recent winners predominantly from larger markets. MLB faces potential labor issues with a likely lockout starting December 2.
In 1998, MGM billionaire Kirk Kerkorian paid $4 million for a Beverly Hills property and built a 9,700-sq-ft mansion; 17 years later, the property sold for $19 million
In 1998, Kirk Kerkorian purchased a villa in Beverly Hills for $4 million and later sold it for $19 million. After Kerkorian's death, Stephen Cloobeck acquired the estate and quickly demolished it to build a new mansion. The frequent practice of demolishing homes in Beverly Hills reflects the city's unique real estate dynamics. This case highlights the difference between emotional and financial values of properties at high market levels.
Man earns Rs 75 lakh by redeveloping property inherited from mother, pays no income tax, receives notice, wins case in ITAT Delhi
Property owner inherits mother’s land, converts it into freehold, DDA grants mutation, redevelops it, gets Rs 75 lakh from builder, pays no tax, gets tax notice, wins case in ITAT Delhi.
Govt should prorogue Monsoon session, hold dialogue on delimitation issue: Congress
The Congress party has called for the government to prorogue both houses of Parliament. They emphasized the necessity for an all-party dialogue regarding the delimitation issue. Congress leader Jairam Ramesh stated that the Chief Election Commissioner must first resign for meaningful discussion. Additionally, he mentioned that recent attempts by the Modi government to push through contentious bills have faced opposition.
Deadly attacks on Saudi Arabia risk wider war that draws in US
Yemen’s Houthis have increased their attacks on Saudi Arabia, targeting Riyadh’s main airport this weekend. These strikes resulted in significant casualties and increased pressure on Crown Prince Mohammed bin Salman. The escalation of hostilities raises concerns regarding potential US intervention and the collapse of a previous truce. Saudi Arabia's relationship with its allies may also be tested amid this ongoing conflict.
While still in the NBA, Junior Bridgeman invested $150,000 in a small Milwaukee cable company; about five years later, its sale returned roughly $700,000
After his NBA tenure, Ulysses 'Junior' Bridgeman transitioned into business with an initial investment in a local cable company. Despite facing challenges, he ultimately found success by opening several Wendy's franchises. This journey highlighted the importance of learning from setbacks, as many athletes face bankruptcy despite high earnings. Bridgeman's experience underscores the necessity of informed investments and a deep understanding of business principles.
Charting the Global Economy: Sentiment among US consumers wanes
As consumer sentiment declines in the US and Japan experiences weakening household spending, Europe faces challenges with rising bond yields and falling factory orders. Meanwhile, China introduces fiscal measures to bolster growth and inflation dynamics shift across emerging markets.
What is the International Criminal Court?
South African judge Navanethem "Navi" Pillay, who was awarded the Nobel peace prize has been a judge on the International Criminal Court (ICC). The ICC was established in 2002 to prosecute individuals for war crimes, crimes against humanity, genocide and the crime of aggression when member states are unwilling or unable to do so themselves. Notable suspects under the court include Israeli Prime Minister Benjamin Netanyahu, Russian President Vladimir Putin and others.
India's green economy can support 1.3 crore jobs by 2035 but challenges remain: Report
The report says to build a green workforce at scale, India needs to revise the National Policy for Skill Development and Entrepreneurship, 2015, to integrate green jobs as a core focus and establish a National Green Jobs and Skilling Mission as the implementation mechanism.
S&P projects 12-14% credit growth this fiscal, warns weak monsoon may hit rural lending
S&P Global forecasts a 12-14% increase in financial sector lending despite potential slowdowns in rural areas. Concerns about weak monsoon rains may negatively impact rural incomes and lending. A projected GDP growth of 7% for India in FY27 reflects steady public investment and improved private sector investments. Economic activity remains strong, although headwinds like inflation could constrain momentum.
Hydropower presents massive investment opportunity with 19,000 MW projects underway: Arunachal Pradesh CM Pema Khandu
Arunachal Pradesh is focused on hydropower development, with 19,000 MW of projects in various stages. Chief Minister Pema Khandu highlighted the strategic importance of the Siang Upper Multipurpose Project and the need for public consultations. He emphasised conducting the Preliminary Feasibility Report before deciding on the project's construction. Several infrastructure projects under the Pasighat Smart City Mission were inaugurated to improve urban amenities.
Digger movie collection: Tom Cruise's latest movie is not only Hollywood's biggest box office bomb of 2026, it may become one of the biggest bombs of all time
Tom Cruise's latest film "Digger" may be one of the biggest flops of Hollywood, according to reports. However, the actor insists that he is proud of the film which was directed by Alejandro Gonzalez Inarritu who previously made Leonardo DiCaprio-starrer "The Revenant" in 2015.
US midterm elections: Trump stumps for candidates in deep red Alabama and says he'll be back again next week
President Donald Trump held a rally in Alabama where he urged support for local Republican candidates. The rally highlighted both Trump's loyalty among supporters and ongoing challenges for the GOP ahead of midterm elections. Attendees expressed their concerns about rising costs, showing mixed feelings about the current economic situation. Trump also announced plans to campaign aggressively across competitive battleground states leading up to the elections.
Weakest monsoon since 2015 prompts ICRA to cut FY27 farm growth forecast
In 2026, the Southwest monsoon recorded rainfall at 87 percent of the long-period average, the lowest since 2015. ICRA has lowered its agriculture growth forecast for FY27 to approximately 1 percent from 1.3 percent due to inadequate rains. Kharif sowing has decreased by 1.2 percent compared to last year, with rice and cotton crops showing notable reductions. Reservoir storage levels have significantly declined, raising concerns for the upcoming rabi season.
Bose wired earbuds launched with noise cancelling and USB-C connector instead of headphone jack; check price, specs
Bose wired earbuds launched: Bose has brought back wired earbuds after eleven years, launching a 99 dollar pair with active noise cancelling and a USB-C connector in place of the usual headphone jack. The earbuds are up for preorder now, with shipping expected in October.
RBI completes 1 trillion rupee net debt sale for first time in a decade
In a historic move, India's central bank has recorded net sales of bonds amounting to 1 trillion rupees this financial year. With predictions suggesting this figure may double by December, market analysts anticipate stricter monetary policies. The Reserve Bank of India has also reduced liquidity in the banking system, responding to past strategies to attract dollars.
Until June 2019, the system sending launch orders to US nuclear forces ran on 8-inch floppy disks; the Air Force kept them partly because they could not be hacked online
The U.S. Department of Defense has relied on outdated technology for critical systems, including nuclear command. Recent reports highlight the extensive maintenance costs associated with these legacy systems. Many systems have yet to be modernized, exposing them to security vulnerabilities over time. While a shift to digital technology may seem beneficial, expertise to maintain older systems remains scarce.
In 2012, 18,000 volunteers classified 1 million cyclone images; their crowdsourced assessments helped scientists study past storms
Initiated in 2012, the Cyclone Center mobilized volunteers to classify hurricanes via satellite imagery. This groundbreaking initiative sought to refine the Dvorak technique, a long-standing method that historically lacked consistency. Over seven years, 18,000 volunteers analyzed more than one million hurricanes, enriching our understanding of climate change and hurricane dynamics.
A Georgia church bought 40,000 square feet of vacant retail space and 11 acres; it incorporated shipping containers into a 2,100-seat auditorium and youth facilities
Athens Church transformed vacant retail property in Athens, Georgia, into a sprawling church campus with a 2,100-seat auditorium, children's spaces and youth facilities. The project reused existing structures, technology and materials, while shipping containers became high school breakout rooms. Designers created an industrial environment focused on flexibility, function and connection.
The Year of Freak: How an Elon Musk’s SpaceX employee’s big bet on company stock became a $25,000-a-month adventure across Europe and beyond for a year
Brian Aggrey and Phoebe Novack are enjoying a year of travel and creative pursuits. They are spending $25,000 monthly on experiences and personal projects. Aggrey previously worked for SpaceX for fourteen years on rocket technology. Their extensive travels include France, Mexico City, and California activities. This financial freedom allows them to explore new interests and career paths.
A New York program weatherized 40 homes for low-income families; SCCAP reported $38,148 in energy savings and 8,348 gallons of fuel saved
Older housing infrastructure continues to put a strain on low-income families, leading to substantial energy costs. In response, a program in Schoharie County successfully weatherized forty homes, greatly alleviating financial pressure for these families. This effort highlights how effective energy efficiency strategies can provide real benefits with minimal policy changes. It’s essential to shine a light on such quietly impactful initiatives.
Iran nuclear chief’s IAEA appearance hangs in balance over travel ban
Iran's Atomic Energy head is not expected at the IAEA conference. He faces an international travel ban, impacting relations with the West. Austria sought a waiver for his attendance, but it was not granted. Iran has restricted IAEA inspectors' access to nuclear sites since June 2025. The UN sanctions reinstated include travel bans and other restrictions.
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