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ED raids Bengal minister's property, 5 more Kolkata sites in jobs scam case

ED raids Bengal minister's property, 5 more Kolkata sites in jobs scam case

The Enforcement Directorate (ED) on Friday conducted search operations at six locations in Kolkata, including a property belonging to West Bengal minister Sujit Bose, in connection with its probe into the alleged irregularities in the recruitment of a civic organisation, a senior official said.

The ED teams raided the minister's residence-cum-office in Salt Lake, and the houses of former officials of the Dum Dum Municipality, he said.

SpiceJet receives 3 new aircraft, kicking off major winter expansion

SpiceJet receives 3 new aircraft, kicking off major winter expansion

SpiceJet has received three new aircraft to its operational fleet, including an Airbus A340 wide-body and two Boeing 737s, kicking off its winter expansion plan designed to meet the surging demand for air travel this holiday season, the airline said.

These new planes will join operations between October 10 and 11, marking the start of a major fleet ramp-up.

Kotak MF halts lumpsum, switch-in investments in silver ETF Fund of Fund

Kotak MF halts lumpsum, switch-in investments in silver ETF Fund of Fund

Kotak Mutual Fund has announced a temporary suspension of lumpsum and switch-in investments in its Kotak Silver ETF Fund of Fund, effective October 10, 2025. The decision comes in response to a significant premium on domestic silver compared to international prices, driven by acute scarcity in India’s physical silver market.

Drug regulator begins pan-Indian inspection of cough syrup makers

Drug regulator begins pan-Indian inspection of cough syrup makers

India’s drug regulator has sought a list of cough syrup manufacturers from all the states and UT as it plans to launch nationwide joint inspections of all such firms as the death toll of children due alleged intake of toxic syrups mounted to 24 on Thursday.

According to sources, the Central Drugs Standard Control Organisation (CDSCO) will conduct testing, inspection and auditing of cough syrup manufacturers.

TVK chief Vijay gets hoax bomb threat call weeks after Karur stampede

TVK chief Vijay gets hoax bomb threat call weeks after Karur stampede

The Chennai police received a call on Thursday about a bomb threat at Tamilaga Vettri Kazhagam (TVK) chief and actor Vijay's house, which later turned out to be a hoax.

According to an India Today report, the bomb threat call was directed at Vijay's residence in Tamil Nadu’s Neelangarai. The caller allegedly dialed the emergency number and warned of planting a bomb if he held any meetings in the future.

PM Modi holds talks with UK PM Starmer to boost trade, defence, tech ties

PM Modi holds talks with UK PM Starmer to boost trade, defence, tech ties

Prime Minister Narendra Modi on Thursday held wide-ranging talks with his British counterpart Keir Starmer broadly focusing on boosting the India-UK ties in areas of trade, defence and security and critical technology.

The British leader, accompanied by a delegation of 125 of the UK's most prominent business leaders, entrepreneurs and educationists, landed in Mumbai on Wednesday morning on a two-day visit.

Musk settles suit by ex-Twitter CEO Parag Agrawal over denied severance pay

Musk settles suit by ex-Twitter CEO Parag Agrawal over denied severance pay

Elon Musk and the company formerly known as Twitter have agreed to resolve a $128 million lawsuit filed last year by former Chief Executive Officer Parag Agrawal and three other top officials who said they were denied severance payments.

Terms of the settlement weren’t disclosed in a Sept 30 federal court filing, which pushed back deadlines in the case and the date of a scheduled hearing in San Francisco.

India dials up record smartphone exports; shipments touch $13.4 bn in H1

India dials up record smartphone exports; shipments touch $13.4 bn in H1

Smartphone exports for the first six months (April to September) of 2025–26 (FY26) surged to $13.4 billion, based on industry estimates. Driven by the production-linked incentive (PLI) scheme, this marks a 59 per cent jump over the $8.5 billion exported during the same period of the previous financial year (2024–25/FY25).

In September alone, a threefold increase in smartphone exports to the US pushed total exports to $1.7 billion — the highest monthly growth recorded so far compared to FY25.

Israel, Hamas agree to first phase of Gaza peace plan, says Trump

Israel, Hamas agree to first phase of Gaza peace plan, says Trump

Israel and Hamas have agreed to the first phase of a United States-brokered peace plan to pause fighting in Gaza and facilitate the release of hostages and prisoners, US President Donald Trump announced.

Taking to social media platform Truth Social, Trump said, “This means that ALL of the Hostages will be released very soon, and Israel will withdraw their Troops to an agreed upon line as the first steps toward a Strong, Durable, and Everlasting Peace. All Parties will be treated fairly!”

Govt to launch ₹7,350 cr plan to boost production of rare-earth magnets

Govt to launch ₹7,350 cr plan to boost production of rare-earth magnets

The government is in final stages of launching a ₹7,350 crore scheme to spur domestic production of sintered rare earth permanent magnets (REPMs) and cut import dependence, Business Standard has learnt. This comes months after China imposed restrictions on exports of REPMs in April, squeezing supplies to India’s automobile and electronics industries.

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