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 22 Oct 2026 09:52 PM   EconomicTimes

EU carbon tax: Piyush Goyal asks Europe not to 'invite disaster' or 'shoot themselves in the foot'

Goyal said the EU had accumulated around 75-77 regulations, arguing that repeated additions were increasing the compliance burden on businesses and making them less competitive in global markets.

 22 Oct 2026 09:44 PM   EconomicTimes

India extends duty-free raw sugar import deadline to December 31

India has extended the deadline for duty-free imports of 1 million metric tonnes of raw sugar by two months to December 31, giving importers more time to bring in the commodity.

 22 Oct 2026 09:07 PM   EconomicTimes

Nestle sees strong growth potential for Maggi noodles in India; eyes expansion in Europe, Americas

The company, which sells noodles under the Maggi brand in India and other Asian markets, also has ambitious plans to expand the category in Europe and the Americas, its top leadership said during the earnings call for the September quarter of 2026.

 22 Oct 2026 09:00 PM   EconomicTimes

Musk is getting it wrong on India's space "oligarchs". Here's why

Though Starlink boasts extensive satellite internet coverage, many potential users find the service economically unviable. The Indian government is strategically evaluating its communications infrastructure choices, potentially leaning towards homegrown solutions for critical services, which may boost Reliance's positioning against SpaceX in the market.

 22 Oct 2026 08:09 PM   EconomicTimes

Crop, fire insurance premiums fall 31%, 26.6% in H1 FY27 amid pricing pressure

In the first half of FY27, crop insurance premiums fell by 31% due to lower rates and discounts. Fire insurance premiums also decreased by 26.6% amidst price competition and discounts across the sector. Public sector insurers saw a sharper decline in crop insurance compared to general insurers, impacting overall growth. Non-life insurance premiums grew 6.1% year-on-year, and health insurance experienced a 20.2% increase.

 22 Oct 2026 07:34 PM   EconomicTimes

India commercial insurance rates fall as capacity, competition rise

Commercial insurance rates in India decreased significantly in 2026 due to increased competition among insurers. Property and financial liability insurance rates fell for the fourth consecutive quarter, providing businesses with better terms. Cyber insurance also witnessed a decline, marking the twelfth consecutive quarter of reduced rates in the IMEA region. Insurers became more competitive, allowing businesses to negotiate premiums and coverage more effectively.

 22 Oct 2026 07:32 PM   EconomicTimes

Adani group did not attempt Vizhinjam port stake sale without govt approval: V D Satheesan

Replying to an unstarred question in the Assembly recently, Satheesan said Adani Vizhinjam Port Private Limited (AVPPL) had submitted an application to the government seeking prior approval for the proposed transfer of its existing 49 per cent shareholding.

 22 Oct 2026 07:30 PM   EconomicTimes

Indian Bank raises deposit rates by 15 basis points

Indian Bank managing director Binod Kumar had said earlier that the bank does not have surplus liquidity as it shed Rs 10,000 crore of bulk deposits and slowed term deposits mobilisation during the second quarter while it raised $2.3 billion (about Rs 21,000 crore) of foreign currency non-resident-bank (FCNR-B) deposits using the regulatory window.

 22 Oct 2026 06:57 PM   EconomicTimes

Beyond accumulation: Giving every investment a clear role in your portfolio

Building a robust investment portfolio requires a clear understanding of the foundational roles played by both core and satellite investments. Many investors fall into the trap of miscategorizing satellite strategies as core assets, which disrupts the overall balance. While Specialised Investment Funds (SIFs) are becoming increasingly popular, they must be aligned with specific functions in a broader investment strategy.

 22 Oct 2026 06:28 PM   EconomicTimes

Adani Ports expands presence by incorporating subsidiary in Oman

Adani Ports and Special Economic Zone Limited has established a wholly owned subsidiary named Indian Ocean Gateway Terminal in Oman. This new entity aims to conduct offshore operations locally, aligning with the company's strategic expansion as a global transport operator. Adani International Ports Holdings Pte. Ltd. holds 100 percent of the subsidiary's shares. The incorporation involves a total share capital of OMR 500,000 with 100 shares of OMR 5,000 each.

 22 Oct 2026 06:25 PM   EconomicTimes

Explore a steady approach to portfolio tracking

When the market experiences corrections, panic can easily set in for investors, causing them to rethink their long-term commitments. It's common to see reactions to volatility, even when the strategies themselves are unchanged. Success in wealth creation hinges on sticking to a steady approach instead of trying to outsmart market variations. Regularly assessing financial goals and portfolio health helps investors sidestep emotional choices and concentrate on achieving lasting financial outcomes.

 22 Oct 2026 06:17 PM   EconomicTimes

Darjeeling toy train joyrides ferry 12,000 passengers, earn Rs 1.41 crore in 3 weeks

Darjeeling Himalayan Railway reported record passenger numbers during the first three weeks of October. The heritage railway generated significant revenue from joyride services offered to tourists. Special joyrides were introduced to facilitate the increased tourist numbers and enhance their experiences. Both steam and diesel locomotives operate on selected routes, showcasing the scenic beauty of Darjeeling. This initiative caters to the growing interest in heritage train journeys among visitors.

 22 Oct 2026 06:09 PM   EconomicTimes

Pizza Hut India’s restaurant sales fall 7% in FY26; EBITDA margin turns negative

Pizza Hut India reported a 7% decline in restaurant sales to ₹5,065 million in FY26. Restaurant EBITDA margin improved to -2.8% in Q2 FY27 from -3.6% in the previous quarter. Despite a recovery in quarterly sales, the annual average daily sales fell to ₹41,000 in FY26. Sales figures revealed fluctuations, peaking at ₹5,450 million in FY25. The company aims to recover from negative margins observed in recent fiscal years.

 22 Oct 2026 06:03 PM   EconomicTimes

At 22, he built a gym machine in his garage. Now, the man behind the ‘Ferrari of fitness’ is looking to India

Technogym founder Nerio Alessandri is looking to expand the Italian fitness and wellness company's presence in India, where fitness facility membership remains below 1% of the population. Founded in 1983, Technogym has grown from a garage startup into a global brand serving athletes, gyms, luxury hotels and households.

 22 Oct 2026 05:40 PM   EconomicTimes

Civic Studios announces three releases spanning climate, sex education and women’s boxing

Civic Studios is set to release three films focused on important social issues in the coming months. Spice & Soul is their first climate microdrama which showcases food waste and local sourcing. Little Thomas aims to provide sex education through a child's perspective and will be released in Indian cinemas. In The Shadows, a biopic about boxer Ramla Ali, explores themes of identity and resilience.

 22 Oct 2026 05:32 PM   EconomicTimes

Mumbai-Bengaluru Vande Bharat Sleeper to begin operations on November 1

India will launch its second Vande Bharat sleeper train service between Mumbai and Bengaluru on November 1. This service aims to reduce travel time by nearly eight hours, covering the 1,118-km distance in about 16 hours. The train will feature 16 air-conditioned coaches, offering 823 berths for passengers' comfort. Fares for the sleeper service will be determined based on a per-kilometer structure, which is competitive with global rates.

 22 Oct 2026 05:28 PM   EconomicTimes

Government names Sunil Kumar ONGC chairman; to succeed Arun Singh in December

Sunil Kumar has been appointed as chairman of ONGC, succeeding Arun Singh, effective December 7. Kumar’s appointment follows recommendations from a selection committee that interviewed various candidates. He enters the role at a time of turmoil in the global energy market and heightened oil and gas prices. Singh’s tenure saw improved profits and strategic partnerships that bolstered ONGC's output and operations.