Karnataka to Outsource Cooperative Audit, Says Minister Savadi
Karnataka plans to licence trained commerce and management graduates to audit cooperative societies, easing pressure on an understaffed department.
Economy
AIIB opens Doha annual meeting with plan to double financing by 2030
AIIB opened its 11th annual meeting in Doha, with President Zou Jiayi outlining plans to double annual financing to about $20 billion by 2030.
Thailand Floods Kill 23 as Bangkok Airport Struggles and Cabinet Approves Aid
At least 23 people have died in Thailand's floods since September 16, with Bangkok's main airport in chaos and the cabinet approving over 4 billion baht in aid.
Congo to Audit Major Miners Annually Under New Local-Content Rules
Congo's subcontracting regulator says major mining firms will face annual audits from 2027, as a new local-content law takes effect.
EU Has No Plans for Bloc-Wide Windfall Tax on Energy Firms, Says Jorgensen
EU energy commissioner Dan Jorgensen says Brussels is not preparing a bloc-wide windfall tax on energy companies, arguing national governments are better placed to act.
CBI arrests Nirav Modi aide Sandeep Mistry after UAE extradition in PNB scam
Sandeep Mistry, an associate of Nirav Modi, was arrested by the CBI in Mumbai after being extradited from the UAE in the Punjab National Bank fraud case.
Shrinking US Lobbying Footprint Leaves India Exposed to Russia Sanctions Act
India's reduced lobbying presence in Washington left it without allies as the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 advanced.
Putin Envoy Dmitriev Holds Constructive Talks in Washington on Ukraine War
Kirill Dmitriev, Vladimir Putin's envoy, held constructive talks with US officials in Washington on ending the Ukraine war and possible post-war US-Russia energy initiatives.
Burkina Faso Opens First Gold Refinery in Push for Resource Sovereignty
Burkina Faso has opened its first gold refinery, Raffinor-BF, as the military-led government pushes to process natural resources domestically.
China Cuts Key Lending Rate, Adds Mortgage Subsidies to Shore Up Growth
China's central bank cut its PSL rate to 1.5% and widened relending quotas, as the government announced mortgage interest subsidies for eligible first-home buyers from October 1.
Iran's Position on Strait of Hormuz Unchanged, Says Foreign Minister Araghchi
Iran's foreign minister says Tehran's conditions for reopening the Strait of Hormuz remain unchanged as mediators work on a deal with the US.
EU Energy Bill Soars Past €100 Billion as Iran War Strains Supply
EU nations have spent over €100 billion extra on energy imports since the Iran war began, prompting calls to speed up the transition to homegrown energy.
China's forex regulator projects trade growth despite global headwinds
China's foreign exchange regulator expects goods and services trade to expand and cross-border investment to stay active, and plans new policies to facilitate trade and open financial markets.
Berlin landlord expropriation would not fix housing shortage, Kiel study finds
A Kiel Institute study says expropriating Berlin's large landlords would not ease the housing shortage and could make the rental market more rigid.
China reports venture funding rebound as capital shifts to AI and quantum
China's venture capital sector is recovering, with early-stage and hard-tech investment driving a 49% jump in first-half equity fundraising to over 1 trillion yuan.
Germany's taxable wealth transfers remain heavily skewed to the west
Germany's taxable inheritances and gifts stayed concentrated in the western states in 2025, with the east and Berlin far behind on both total value and per-capita terms.
Iran's rial slides to fresh record low as Hormuz talks gain momentum
Iran's currency hit a new record low of over 2.5 million rials to the dollar as indirect talks with the US over the Strait of Hormuz intensify.
Jaishankar: US-China rivalry pushes India to de-risk and diversify
S Jaishankar said the US and China are in a competitive mode, prompting India and others to de-risk and diversify, while India-US trade talks have reached a broad understanding.
Q8 Joins Eni and SOCAR in Capping Italian Fuel Prices as Rome Weighs Windfall Tax
Q8 will cap Italian petrol prices for one month from October 1, joining Eni and SOCAR, as Rome weighs a windfall tax on energy profits.
Lukashenko floats US role in Belarus-Gazprom fertiliser plant
Lukashenko says Gazprom will help build a nitrogen fertiliser plant in Belarus and proposes inviting the US to take part using American technology.