Month: October 2026

Stock markets tumble on oil price spike, FII outflows; Sensex drops 548 points

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Stock markets tumble on oil price spike, FII outflows; Sensex drops 548 points

Benchmark stock index Sensex fell nearly 548 points to settle below 72,000 on Monday (October 12, 2026) as selling in banking, FMCG and IT shares weighed on the market amid rate-hike concerns, a spike in crude prices and unabated foreign fund outflows. Erasing opening gains, the 30-share BSE Sensex tumbled 547.65 points, or 0.76%, to…

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Business

The 2026 Nobel-winning insights into how Govts should stabilise economies

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The 2026 Nobel-winning insights into how Govts should stabilise economies

The 2026 Nobel Prize for Economics has been jointly awarded to American economists Robert E. Hall and Michael Woodford for providing an empirical foundation for determining how governments should incorporate the demand behaviour of households and the supply and pricing behaviour of companies when devising policies to stabilise the economy. According to the citation of…

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Business

Waste management facility facing closure gutted in Kochi

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Waste management facility facing closure gutted in Kochi

The material recovery facility near Perumbavoor that was gutted in fire on Monday. A major fire broke out at a waste management facility at Arackappady near Perumbavoor on Monday, triggering panic in the area. The fire engulfed tonnes of non-biodegradable waste, including plastic, leaving the residential area under a thick cover of smoke for hours….

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Nation

Highground, Shamabala and Golden Eye impress

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Highground, Shamabala and Golden Eye impress

Highground, Shamabala and Golden Eye impressed when the horses were exercised here on Monday (Oct. 12) morning. Inner sand: 600m: Liam (Omkar) 42. Easy. 800m: Mila (Omkar), Precioso (app) 55, 600/40. Pair level. Skandha (T.S. Jodha) 52, 600/37. Moved well. Appalachian (T.S. Jodha), Starseed (Omkar) 52, 600/39. Former ended three lengths in front. Shamabala (T.S….

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Sports

Brave Heart, Bellavita, Shining Dawn and Renoir impress

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Brave Heart, Bellavita, Shining Dawn and Renoir impress

Brave Heart, Bellavita, Shining Dawn and Renoir impressed when the horses were exercised here on Monday morning (Oct. 12). Inner sand: 600m: Auspicious King (Rajesh K) 39. Pleased. 1000m: Don Carlos (Shinde) 1-7, 600/39.5. Strode out well. 1200m: African Gold (R. Pradeep) 1-21.5, 1,000/1-6, 600/38.5. Moved well. Outer sand: 600m: Solo Prince (Anish) 46. Easy….

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Sports

Sunil Bharti Mittal conferred France’s highest civilian award

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Sunil Bharti Mittal conferred France’s highest civilian award

Bharti Enterprises Founder and Chairman Sunil Bharti Mittal has been conferred the highest civilian award in France, Chevalier de l’Ordre national de la Légion d’Honneur (Knight of the National Order of the Legion of Honour). File | Photo Credit: PTI Bharti Enterprises founder and chairman Sunil Bharti Mittal has been conferred the highest civilian award…

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World

Zelenskyy urges U.S. to ensure Russia respects energy ceasefire

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Zelenskyy urges U.S. to ensure Russia respects energy ceasefire

Volodymyr Zelenskyy, Ukraine’s president, speaks during a news conference after signing defence agreements in Kyiv, Ukraine. File Russia has violated an energy ceasefire announced by U.S. President Donald Trump, Ukrainian leader Volodymyr Zelenskyy said on Monday (October 12, 2026), urging Washington to step in to ensure Moscow abided by the terms of the putative agreement….

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World

Tata Motors, Stellantis deepen partnership to develop global vehicles in India

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Tata Motors, Stellantis deepen partnership to develop global vehicles in India

Vehicles developed under the agreement will be manufactured in India at Fiat India Automobiles Private Ltd (FIAPL), the 50:50 joint venture between TMPV and Stellantis | Photo Credit: Reuters Stellantis India, Tata Motors Passenger Vehicles Ltd (TMPV) and its subsidiary, Tata Passenger Electric Mobility Ltd (TPEM), on Monday signed a definitive agreement to expand their…

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Business

Explained | RBI’s worries about pressure on rupee and measures to curb volatility in forex market

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Explained | RBI’s worries about pressure on rupee and measures to curb volatility in forex market

Story so far: In view of the evolving geopolitical conditions, fluctuations in oil prices and to ensure orderly functioning of the foreign exchange market, the Reserve Bank of India (RBI) on October 10, 2026, issued two circulars, announcing several regulatory measures. What were the measures? Restrictions on rebooking of cancelled foreign exchange derivative contracts: as…

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Business

Rupee jumps 96 paise to close at 95.75 against U.S. dollar

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Rupee jumps 96 paise to close at 95.75 against U.S. dollar

Image used for representational purposes only. | Photo Credit: Reuters The rupee appreciated 96 paise, logging its steepest single-day gain in more than six months, to close at 95.75 (provisional) against the U.S. dollar on Monday (October 12, 2026) after the Reserve Bank of India over the weekend stepped in with several measures aimed at…

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Business