Musk flags China's power capacity as AI demand strains global grids
Elon Musk said China's electricity generation has overtaken the combined output of the US, Europe and India, and could grow further as AI demand rises.
Economy
India-New Zealand FTA to take effect on 20 October as forecasters lift growth outlook
India and New Zealand have finalised a free-trade agreement effective 20 October, even as global agencies raise India's FY27 growth forecasts and banks brace for higher cash use.
Tamil Nadu Minister Pledges Support to Transgender Entrepreneurs at Madurai Summit
Tamil Nadu MSME Minister P. Mathan Raja assured support to transgender entrepreneurs at the Transpreneur Summit 2026 in Madurai, urging stakeholders to help meet the State's 1.5 trillion USD goal by 2036.
U.P. shifts sugarcane strategy to productivity, varieties and mechanisation
Uttar Pradesh is prioritising high-yielding, disease-resistant sugarcane varieties, better seed systems, mechanisation and digital crop monitoring to raise farm productivity.
Lula Bans Fixed-Odds Betting in Brazil Days Before Presidential Vote
Brazil's President Lula signed an order banning fixed-odds betting ahead of the presidential election, citing debt and addiction risks.
Immigration Raids Disrupt Meatpacking, Threaten Beef Prices
Meatpacking groups say ICE operations in Kansas, Texas and Oklahoma have caused worker absences, delayed cattle shipments and could raise beef prices.
Moody's downgrades Botswana to Baa2 as diamond slump strains finances
Moody's cut Botswana's long-term issuer ratings to Baa2 from Baa1, citing weaker diamond revenue, lower SACU receipts and soft tax proceeds.
Venezuela's Election Timeline Slips as Institutional Reforms Loom
Venezuela's promised elections face long delays as talks focus on reforming the Supreme Court and electoral council, with a vote unlikely before late next year.
Haiti PM Urges Global Action on Security Crisis and Arms Trafficking at UN
Haiti's Prime Minister Alix Didier Fils-Aimé calls for stronger international support to tackle the security crisis and illicit arms trafficking.
Lula Bans Online Betting in Brazil as Election Race Tightens
Brazil's President Lula bans online betting ahead of a tight October 4 election race against Senator Flavio Bolsonaro.
Trump and Xi End Summit with Tea and Archives Tour, Extend Trade Truce
Trump and Xi concluded a three-day summit with a tea ceremony and National Archives tour, extending a trade truce by two months but leaving Taiwan and Iran unresolved.
EU Energy Chief Warns of Price Crisis, Urges Countries to Curb Gas Demand
EU Energy Commissioner Dan Jorgensen has warned of an energy price crisis and urged member states to consider measures to cut gas and electricity demand ahead of winter.
Immigration Raids Disrupt Kansas Beef Plants, Ranchers Warn of Supply Strain
Immigration enforcement activity in Kansas has disrupted beef processing, delaying cattle shipments and deepening strain on already tight US beef supplies.
Balapur Ganesh Laddu Grows From ₹450 Village Ritual to ₹39-Lakh Auction
The Balapur Ganesh laddu has evolved from a ₹450 village tradition into a ₹39-lakh auction prize, mirroring the area's changing fortunes.
Senate Republicans to Vote on Data Center Power Bill Ahead of Midterms
Senate Republicans will vote next week on the Ratepayer Protection Act, aiming to address voter anxiety over rising electricity costs tied to data centers before the November 3 midterms.
Immigration Crackdown in Southwest Kansas Disrupts Beef Processing
US immigration enforcement in southwest Kansas kept immigrant workers away from meat plants, slowing beef processing and delaying cattle shipments, industry and community sources said.
Colombia's Revised Fiscal Plan Draws Mixed Reception on Wall Street
Colombian officials met Wall Street investors this week to present a fiscal plan with sharply higher deficit targets, drawing both confidence and skepticism.
Cleveland Fed's Hammack flags risk of entrenched inflation mindset
Cleveland Fed President Beth Hammack said she is increasingly concerned that prolonged above-target inflation could cause the public to lose faith in the central bank's 2% goal.
Oil Slides 3% as US-Iran Truce Hopes Offset Houthi Supply Fears
Crude prices fell about 3% on hopes of a phased US-Iran deal, while Houthi strikes on Saudi Arabia and diesel export ban talk kept traders cautious.
Lokesh pitches Andhra Pradesh as investment hub in Ahmedabad meetings
Nara Lokesh met executives of Torrent, Welspun, Gokul Agro, Chiripal, ST Telemedia, Epack and Astral Pipes in Ahmedabad to invite investments in Andhra Pradesh.