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BusinessPhoto: TOI WorldIn 2013, Peter Rahal and Jared Smith launched RXBAR from Rahal's parents' basement, focusing on nutritious protein bars. The brand quickly gained popularity, leading to its acquisition by Kellogg Company in 2017 for $600 million. Rahal stayed on as CEO for two years after the sale before stepping down, marking a major success in the clean-label snack market.
TOI World·
WorldPhoto: HT WorldBitcoin fell over 3.6% on Thursday after US data showed wholesale prices rose 1.3% in September, much faster than August's 0.5%. The Producer Price Index increase raised inflation concerns and uncertainty over the Federal Reserve's next interest rate move. Bitcoin traded near $81,500, dipping below its 50-day moving average and hitting a 24-hour low of $80,443.
HT World·
EntertainmentPhoto: HT EntertainmentAjay Devgn’s Drishyam 3: The Conclusion completed 14 days in theatres, crossing ₹332.50 crore net in India. On its second Thursday, the film collected ₹3.75 crore with about 10% occupancy, marking a 42.5% drop from Wednesday’s ₹5.25 crore. Despite competition from new releases like Rajinikanth's Jailer 2, Drishyam 3 remains strong, aiming for a ₹350 crore milestone.
HT Entertainment·
WorldPhoto: TOI ScienceA farmer in Behbeit El Hagar, Egypt, discovered a 28-foot statue of Pharaoh Ramses II while tilling his land. Antiquities officials quickly began excavations, uncovering the large statue head and several smaller inscribed statues. This find is expected to enhance understanding of ancient Egypt's cultural and political history.
TOI Science··Behbeit El Hagar
BusinessPhoto: Hindu BusinessIndia's unemployment rate remained stable at 5% in September, unchanged from August, according to the National Statistics Office's Periodic Labour Force Survey. The rural unemployment rate was broadly stable at 4.2%, slightly up from 4.1% in August, while urban unemployment marginally increased from 6.8% to 6.9%. The overall Labour Force Participation Rate was 55.5% in September, nearly steady from 55.6% in August.
Hindu Business··New Delhi
SportsPhoto: Hindu SportChola Chiefs ended a five-match losing streak by defeating Prithviraaj Yodhas in a shootout during the Archery Premier League Season 2 at People’s Plaza. Alejandra Usquiano scored a perfect 80 out of 80 in regulation and helped secure the win alongside Yuktha Sri Kondapavuluri. Meanwhile, Mighty Marathas struggled with time pressure in early sets against Rajputana Royals.
Hindu Sport··Hyderabad
TOI World·
Photo: TOI WorldIn 2013, Peter Rahal and Jared Smith launched RXBAR from Rahal's parents' basement, focusing on nutritious protein bars. The brand quickly gained popularity, leading to its acquisition by Kellogg Company in 2017 for $600 million. Rahal stayed on as CEO for two years after the sale before stepping down, marking a major success in the clean-label snack market.
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