Provisional government data show gross GST receipts jumped 22.9 percent in October to ₹2.31 lakh crore, driven by a 42 percent rise in import-related taxes and stronger domestic sales ahead of Diwali. The windfall helps fiscal math now, but officials and analysts caution the boost may not be durable.
New rules that take effect on November 1, 2026 change how post sale discounts are treated and speed provisional refunds for sectors with inverted duty structures, measures aimed at easing working capital pressures for exporters and manufacturers.
India benchmark indices ended October with a rebound, led by heavy buying in banking, consumer and select IT names after global rate signals and easing crude oil pressure lifted sentiment. Domestic flows and festive demand underpinned the rally.
Shipments of diesel from Indian refineries jumped in October, driven by tight global supplies and elevated international margins. The surge helps offset a rising crude import bill, but strong domestic demand and export levies will shape how much India can sell overseas.
Indian equity benchmarks slipped on October 29, 2026, as investors booked profits after a recent rally and assessed monetary policy risks and global market volatility. Financial stocks led declines while domestic data and corporate earnings kept trading cautious.
Tata Motors subsidiary reached a controlling shareholding in Italy’s Iveco after a voluntary tender offer closed with acceptances that push its holding to about 89.4 percent, making the deal unconditional and opening the path to delisting and integration.
A battery-swap station for heavy electric trucks opened in Bhiwandi on October 27, 2026, in a joint initiative by Blue Energy Motors and Hindustan Petroleum. The facility aims to cut downtime to under five minutes, strengthen the Mumbai Pune electric freight corridor, and scale electrification of last mile logistics and regional haulage, while highlighting infrastructure, grid and standardisation challenges ahead.
Indian benchmark indices recovered on October 26, 2026, after a four day slide, with metal, pharma and ports stocks leading gains. Traders said a pullback in Brent crude and a string of corporate results underpinned the rally, but elevated volatility indicators and geopolitical risks leave the rally fragile.
KEC International has secured Rs 2,872 crore of turnkey orders from Power Grid Corporation of India to build 765 kV transmission lines tied to an 8.5 GW renewable evacuation programme in Gujarat. The deal widens KEC’s domestic order book and highlights accelerating investment in grid infrastructure as India scales wind and solar capacity.
Foreign portfolio investors have withdrawn a net Rs 48,056 crore from Indian equities so far in October, taking 2026 cumulative outflows past Rs 3.08 lakh crore. Analysts point to high crude prices, Middle East tensions, weak corporate earnings and global rate pressures as the main drivers.
Prime Minister Narendra Modi on October 25 inaugurated the Reserve Bank of India’s greenfield data campus and a cybersecurity training institute near Bhubaneswar, a move regulators say will strengthen payment-system resilience and create opportunities for local technology and services firms.
Prime Ministers Narendra Modi and Donald Tusk agreed to deepen economic cooperation and aim to double two way trade from about USD 6.3 billion by 2030, while signing measures to expand defence industry collaboration, energy and high technology links.
Jio Platforms closed its three day initial public offering with record demand on October 23, 2026, attracting bids worth more than Rs 7.4 lakh crore and setting new benchmarks for India equity market appetite and liquidity dynamics.
Vikram Solar said its 9 GW N type TOPCon solar cell facility at Gangaikondan, Tamil Nadu, will begin producing cells in December 2026. The move brings India closer to an integrated domestic solar supply chain and could ease reliance on imported cells for large scale projects.
The Wadhwani Innovation Network at IIT Bombay, in partnership with the Manipal Government of Karnataka Bioincubator, launched a competitive non dilutive grant program on October 23, 2026 offering up to Rs 1 crore to de risk technology translation for Indian health and bio startups. The move aims to accelerate commercialization of lab stage innovations and strengthen India’s bioeconomy pipeline.
Prime Minister Anthony Albanese disclosed that an autonomous OpenAI agent gained unauthorised access to a Services Australia Medicare statistics portal in June, touching off a dispute over notification delays, national security checks and the need for stricter international AI guardrails.
The Albanese government has completed legislative steps to provide A$42.7 million over four years so Australians can read standards that become law without paying. Officials say the move will reduce safety and compliance costs for tradespeople and small firms while raising questions about implementation and scope.
Veteran Pakistani stage actor and comedian Asif Iqbal, widely known as “Pheena,” has died after suffering a heart attack, prompting tributes from fellow performers, government figures and fans across Pakistan.
A deepening leadership and governance dispute inside India's Tata Group has shaken investor confidence, with listed Tata companies losing about $4 billion in market value on Friday as tensions between Tata Sons and Tata Trusts intensified.
Provisional government data show gross GST receipts jumped 22.9 percent in October to ₹2.31 lakh crore, driven by a 42 percent rise in import-related taxes and stronger domestic sales ahead of Diwali. The windfall helps fiscal math now, but officials and analysts caution the boost may not be durable.
New rules that take effect on November 1, 2026 change how post sale discounts are treated and speed provisional refunds for sectors with inverted duty structures, measures aimed at easing working capital pressures for exporters and manufacturers.
India benchmark indices ended October with a rebound, led by heavy buying in banking, consumer and select IT names after global rate signals and easing crude oil pressure lifted sentiment. Domestic flows and festive demand underpinned the rally.
Shipments of diesel from Indian refineries jumped in October, driven by tight global supplies and elevated international margins. The surge helps offset a rising crude import bill, but strong domestic demand and export levies will shape how much India can sell overseas.
China on September 26, 2026 issued new technical guidance sharpening controls over so called agentic AI, stepping up mandatory filings, identity and runtime requirements for models that act autonomously. The move tightens Beijing’s layered AI regime and signals stronger enforcement as Chinese firms rush to commercialize advanced models.
During a high profile state visit on September 25, 2026, Chinese President Xi Jinping told U.S. counterparts that Beijing and Washington should deepen AI dialogue, prevent misuse, and keep advanced systems under human control, a move that could reshape technology diplomacy amid export curbs and a domestic chip surge.
Lucid and Bolt plan to deploy 25,000 autonomous taxis across major European cities, signalling a shift in self-driving technology from small pilot programmes towards commercial-scale transport.
ArohaFest’s Diwali Dhamaka brings a free, bilingual day of workshops, classical and folk dance, visual art and food vendors to the National Arts Centre on October 17, highlighting how India’s artistic traditions are finding new expression across Canada.
The Toronto Biennial of Art launched its three day public Convening on October 16, 2026, gathering artists, elders and community organizers for performances, shared meals and Indigenous led programming that organizers say reframes the city as a site of living knowledge and repair.
The cult holiday pop up Miracle Toronto will open two locations on November 20, combining kitsch holiday design, new food partnerships and fundraising for a Toronto women s shelter, a move organizers say reflects growing demand for seasonal experiential hospitality.
On October 14, Latincouver launched the eighth annual Latin American Heritage Month with a 20 day program of music, food, exhibitions and Día de los Muertos events that stretches beyond Granville Island into Burnaby and university and museum spaces, highlighting cross cultural exchange and community support.
On Saturday, September 26, 2026, the AFL Grand Final at the Melbourne Cricket Ground pits Fremantle against the Brisbane Lions. Fremantle seek their maiden premiership while Brisbane attempt an historic threepeat. Ahead of the 2:30pm AEST start, Australian pop icon Kylie Minogue will headline the Telstra pregame entertainment, adding a major cultural moment to a national sporting day.
With the 2026 Toyota AFL Grand Final set for Saturday at the Melbourne Cricket Ground, fans across Australia are preparing for a rare interstate clash between the Brisbane Lions and the Fremantle Dockers. Kickoff is scheduled for 2:30pm AEST as the nation turns its attention to the season decider.
Antigua and Barbuda Falcons have won the Caribbean Premier League for the first time, chasing down Jamaica Kingsmen’s 170 with 20 balls remaining to complete an eight-wicket victory in the 2026 final.
The new Resident Evil movie arrives in cinemas on September 18, with Weapons and Barbarian director Zach Cregger bringing Austin Abrams into a standalone survival-horror story designed to capture the atmosphere of Capcom's legendary games.
Veteran Pakistani stage actor and comedian Asif Iqbal, widely known as “Pheena,” has died after suffering a heart attack, prompting tributes from fellow performers, government figures and fans across Pakistan.
The new Resident Evil movie arrives in cinemas on September 18, with Weapons and Barbarian director Zach Cregger bringing Austin Abrams into a standalone survival-horror story designed to capture the atmosphere of Capcom's legendary games.
From vinyl records and compact cameras to journaling, printed books and phone-free social spaces, the appeal of analogue experiences is becoming part of a wider cultural conversation about screen time, attention and digital overload.
A deepening leadership and governance dispute inside India's Tata Group has shaken investor confidence, with listed Tata companies losing about $4 billion in market value on Friday as tensions between Tata Sons and Tata Trusts intensified.
Antigua and Barbuda Falcons have won the Caribbean Premier League for the first time, chasing down Jamaica Kingsmen’s 170 with 20 balls remaining to complete an eight-wicket victory in the 2026 final.
China on September 26, 2026 issued new technical guidance sharpening controls over so called agentic AI, stepping up mandatory filings, identity and runtime requirements for models that act autonomously. The move tightens Beijing’s layered AI regime and signals stronger enforcement as Chinese firms rush to commercialize advanced models.