India, in focus.
Swiss National Bank Chairman Martin Schlegel says record temperatures have moved food prices but are not driving Swiss inflation, which he attributes almost entirely to petroleum products.
Maharashtra has declared drought in 265 of 358 talukas, covering 74% of the state, with relief measures announced and aid quantum pending a ground-level assessment.
Iran proposed a deal to end fighting and reopen the Strait of Hormuz within seven days, conditional on the US lifting its port blockade and sanctions.
ICICI Bank projects gold at $4,200–4,600/oz for the rest of 2026 and $4,600–5,000/oz in H1 2027, citing easing US real yields and structural demand.
US markets await consumer confidence, PCE inflation and September payrolls data for clues on the economy's resilience.
Indian Railways has completed the Taroki-Rowghat section, extending its network to the remote Rowghat area of south Chhattisgarh for the first time.
The 30-year US Treasury yield rose to 5.53%, its highest since 2004, as consumer sentiment beat forecasts and long-term borrowing costs kept drifting upward.
Cultural performances and immersive night tours across China marked the Mid-Autumn Festival, drawing crowds and boosting local tourism spending.
India has ordered 112 captive coal-fired power plants to operate at maximum capacity from October 1 to December 31 to meet expected demand.
Hotmail co-founder Sabeer Bhatia has suggested a 55% inheritance tax for India, arguing that opportunity should stem from personal effort rather than inherited wealth.
Bernstein says large-scale FII returns to Indian equities are unlikely without new engines of competitiveness such as semiconductors, batteries and energy storage.
Starbucks will close around 250 North American locations, citing weak customer and employee experience and financial viability, with about $300 million in charges expected.
Apax is nearing an agreement to acquire Warburg Pincus's stake in Odido, valuing the Dutch telecoms group at about €6.5 billion.
India and the GCC reviewed their Joint Action Plan and welcomed the launch of FTA negotiations at a Troika Ministerial Meeting in New York.
A consultation paper proposes commission claw-backs for mis-selling, seller-level policy tagging and suitability checks for larger life policies.
Palestinian communities in the occupied West Bank say settler seizures of springs and heritage sites are cutting off water for farming and tourism.
India has reduced import duty on edible oils ahead of the festival season, prompting concern among oilseed farmers who fear a hit to their incomes and a link to a proposed US trade deal.
Skoda Auto India plans 10 product introductions in 2026, including a new Kushaq, Kylaq variants and RS models, after sales more than doubled in 2025.
Passenger vehicle retail sales are expected to rise 15-16% in September on steady demand, even as automakers take selective price hikes to offset input costs.
NTPC Limited and EDF Power Solutions India have formed a 50:50 joint venture to build and operate low-carbon energy infrastructure, including pumped storage and hydro projects.