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BusinessPhoto: Economic TimesRising gold prices have led Indians to exchange old jewellery for new designs instead of reducing their gold purchases during the festive season. In August, old-gold exchanges made up over 50% of transactions at Tanishq, more than 55% at Kalyan Jewellers, and 73% at Joyalukkas, reflecting a strong preference for upgrading jewellery amid soaring prices.
Economic Times·
PoliticsPhoto: NDTV WorldUS President Donald Trump is considering reverting to older steam-powered catapult systems for launching fighter jets from aircraft carriers, based on advice from a sailor named Bill Jones. Despite Jones' claimed 25 years of Navy service, officials have been unable to verify his identity. The Navy is evaluating the cost and design impact of this potential shift from newer electric systems, as reported by the Wall Street Journal.
NDTV World··Virginia
EntertainmentPhoto: TOI EntertainmentPrabhas is working on the film 'Spirit', directed by Sandeep Reddy Vanga. The production team is reportedly considering postponing its original release date of March 5, 2027. This possible delay may be linked to changes in the release schedule of Prabhas' other film, 'Fauzi'. No official confirmation has been made yet.
TOI Entertainment·
BusinessPhoto: Hindu BusinessThe Securities and Exchange Board of India (SEBI) plans to issue a circular soon to broaden the alternative investment funds (AIFs) framework. This includes recognizing high-growth assets, aiming to increase the number of accredited investors from 1 lakh to 4 lakh. Sandip Pradhan, SEBI whole-time member, announced this at the CII Alternative Investments Summit in Mumbai.
Hindu Business··Mumbai
PoliticsPhoto: HT BusinessA $60 Casio digital watch gifted by Thai Prime Minister Anutin Charnvirakul has become a symbol of political connections among Thailand's ministers and senior officials. Known as the “Casio Connection,” the watch features Anutin's engraved name and is worn by cabinet ministers, bureaucrats, and allies, reflecting the prime minister's extensive political network and alliances within his Bhumjaithai Party and the Interior Ministry.
HT Business·
WorldPhoto: FirstpostAir India flight AI2030, traveling from Frankfurt to Delhi, was diverted to Jaipur after the pilot sent a 'Squawk Code 7500' indicating unlawful interference while in Mumbai FIR. The plane landed at Jaipur International Airport, underwent security checks, and passengers were disembarked and reboarded after clearance. Air India confirmed the diversion was due to a perceived security concern and coordinated with authorities to minimize inconvenience.
Firstpost··Jaipur
Economic Times·
Photo: Economic TimesRising gold prices have led Indians to exchange old jewellery for new designs instead of reducing their gold purchases during the festive season. In August, old-gold exchanges made up over 50% of transactions at Tanishq, more than 55% at Kalyan Jewellers, and 73% at Joyalukkas, reflecting a strong preference for upgrading jewellery amid soaring prices.
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