Ghana Central Bank to Prioritise Rebuilding Reserves as Gold Exports Stall
Ghana's central bank will focus on rebuilding foreign exchange reserves amid a weaker current account, declining gold reserves and a pause in GoldBod exports since August.
Economy
India Tightens Packaged Food Warning Label Rules in Setback to Industry
India has adopted a stricter single-phase warning label regime for packaged foods, requiring red symbols even when only one nutrient of concern exceeds limits.
KTR Accuses Congress Government of Pushing Telangana Into Power Crisis
BRS working president K.T. Rama Rao accused the Congress government of mismanaging Telangana's power sector, alleging coal shortages, generation losses and unpaid dues to Singareni.
Texas Republicans Face Latino Backlash as Redistricting Bet Sours
Latino voters in South Texas are turning away from Republicans over economic and immigration concerns, threatening the GOP's redistricting strategy ahead of 2026.
Global space investment doubles to $23 billion as SpaceX IPO reshapes funding
Private space investment hit $23 billion in the year to June, more than double the prior year, as SpaceX's IPO drew new investors and funding favoured proven operations.
Gas markets brace for prolonged tightness as Iran war disrupts supply
Global gas markets are pricing in prolonged tightness as the Iran war disrupts Gulf LNG exports and Europe races to refill storage, an IGU executive says.
LPG eKYC Becomes Mandatory From October 1; Subsidy Tied to Biometric Aadhaar Check
Biometric Aadhaar Authentication for domestic LPG connections becomes mandatory on October 1, 2026, with 89.9% of consumers already verified.
Ghana's Cocoa Board Turns to Domestic Markets for $1.4 Billion
Ghana Cocoa Board is raising 16.3 billion cedis ($1.4 billion) domestically to fund cocoa purchases, with a first tranche expected this week.
Tamil Nadu CM Vijay Makes Surprise Visit to TNDPCL Headquarters
Tamil Nadu Chief Minister Vijay conducted an unannounced inspection at TNDPCL headquarters, where officials briefed him on surging power demand and supply constraints.
Biometric Aadhaar Check Becomes Must for Subsidised LPG From October 1
From October 1, domestic LPG consumers must complete biometric Aadhaar authentication to keep receiving the cooking gas subsidy.
Trump's 1% Rate Push Would Backfire, Analysts Warn
Analysts say Trump's demand for 1% rates is impractical and could crash the dollar, while his public criticism has largely spared new Fed chair Kevin Warsh.
Oil Slips Below $100 as UN Diplomacy Gains Traction on Iran
Brent crude held below $100 a barrel as US and Iranian officials met Qatari mediators at the UN, and Saudi Arabia reopened its East-West Pipeline.
US and Iran Hold First Indirect Talks in Months at UN, Raising Hopes for Deal
US and Iranian envoys communicated through mediators in New York, the first such contacts since a July ceasefire collapse, as Brent crude held below $100.
Rural Voters See Worsening Economy but Split on Trump, Poll Finds
About half of rural voters say the economy has worsened since Trump returned to office, even as roughly half still approve of his job performance.
Rural Voters Frustrated by Economy Under Trump, Survey Finds
A survey of over 2,000 rural voters finds broad economic frustration, with grocery, gas and healthcare costs top concerns ahead of the midterms.
Rural Voters Sour on Economy Despite Continued Trump Support, Poll Finds
A new poll of over 2,000 rural registered voters finds widespread economic frustration, tepid approval of Trump's economic record, and little awareness of a major rural health program.
Swiss Upper House Backs 90% CET1 Capital Rule for UBS
Switzerland's upper house voted to require UBS to back its foreign units with 90% Common Equity Tier 1 capital, rejecting a softer alternative.
Trump Backs IMEC as India-Middle East-Europe Corridor Seeks Revival
The India-Middle East-Europe Economic Corridor, delayed by regional conflicts, is receiving renewed support, notably from US President Trump.
FATF flags Turkey's progress on financial crime, urges stronger asset recovery
FATF finds Turkey has strengthened its anti-money-laundering regime since 2019 but must do more on tracing cross-border proceeds and recovering illicit assets.
IG Metall seeks 5% pay rise for 3.7 million German engineering workers
IG Metall is demanding a 5% pay increase for 3.7 million engineering workers ahead of collective bargaining talks beginning October 7.