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Business

Global Power Grid Investment to More Than Double by 2050: McKinsey

McKinsey & Company projects global investment in power transmission and distribution will more than double from $443 billion in 2025 to $970 billion annually by 2050. This growth, averaging 3.2% annually, is driven mainly by transmission, expected to grow at 4.2% CAGR, due to rising electricity demand from renewables, data centers, and electrification. Increased spending is needed to connect renewable power, support data centers, and enhance power system interconnections.

ET Energy Power·

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Sports

Lovlina Wins Asian Games Gold, Celebrates Birthday with Cake

Lovlina Borgohain won the gold medal at the 2026 Asian Games by defeating China's Bao Jie 5-0 on her 29th birthday. After securing the gold, she celebrated by cutting a cake in the presence of fellow athletes and BFI president Ajay Singh. A video of the celebration has surfaced.

Amar Sports·

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Business

Nifty Faces Two-Year No-Return Phase Amid Market Decline

The Indian stock market's Nifty index has not delivered positive returns for about two years, falling 12% from September 2024 to September 2026. The index closed at 22,620.35 on September 30, 2026, down 6.1% in September alone. Historical global market trends show such stagnation can last much longer, as seen in the S&P 500's prolonged weak performance after the dot-com bubble burst.

News18 Business·

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World

Smit Machchhar’s Wife Recalls Devastation After Flydubai Attack News

Sonal Machchhar, wife of Indian pilot Captain Smit Machchhar, described feeling "very devastated" upon hearing about the Flydubai attack on her husband. Initially unable to process the news, she found support from friends, family, and Indian officials reassuring as updates confirmed Smit's stable condition. Meeting him later gave her further confidence in his medical care.

News18·

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Entertainment

Amitabh Bachchan Remembers Kolkata's Park Street Nightlife on KBC 18

On the set of Kaun Banega Crorepati 18, Amitabh Bachchan shared nostalgic memories of Kolkata's famous Park Street. He expressed that no place in the world matches the unique atmosphere of Park Street. Big B also spoke about singer Usha Uthup and the vibrant nightlife culture there, recalling his experiences fondly.

News18Hi Entertainment··Kolkata

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Business

Jio Platforms Finalizes IPO for $3.8 Billion Launch in 2026

Jio Platforms is finalizing its IPO documents for an estimated $3.8 billion public offering, potentially India's largest. Led by Akash Ambani, this will be Reliance's first IPO since 2008. The company aims to attract global investors ahead of a planned market launch in late 2026, with details on valuation and shareholder quotas being finalized.

Mint Markets·

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