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.
The Union Cabinet on October 14 approved the sale of a 60.72 percent combined stake in IDBI Bank to an entity backed by Canada’s Fairfax Financial Holdings for Rs 52,878 crore. The transaction, cleared on October 15 for publication, is a landmark foreign direct investment into India’s banking sector and raises questions about valuation, market response, and the future of state ownership in banking.
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.
Hyundai Motor Group said on October 14, 2026 that it will invest $15.5 billion in India through 2032 to expand manufacturing, R and D, and local supply chains, positioning the country as a cornerstone of its global growth strategy.
An exhibition tracing Black self fashioning from the 1880s to today makes its public debut at the Art Gallery of Ontario on October 13, launching months of programs that place Black style at the center of Toronto’s cultural calendar.
The government and oil retailers shifted petrol and diesel prices on October 13, 2026, cutting petrol while nudging up diesel. The move will ease costs for some motorists but raises concerns about transport inflation and fiscal balances ahead of the festive season.
The 30th Celtic Colours International Festival opened on October 9 and moves through October 17 with concerts, workshops and community meals that local organizers say are meant to put island culture and language at the center of the celebration.
Benchmark indices opened higher on October 12, 2026, after a drop in crude oil and positive Asian cues eased near-term risk sentiment, but continued foreign selling and corporate earnings kept investors cautious.
As the Vancouver International Film Festival ends its 11 day run on October 11, 2026, the city is reflecting on a program that amplified Canadian storytellers, expanded festival audiences and underscored Vancouver's role as a hub for independent cinema.
Finance Minister Nirmala Sitharaman held a series of high level meetings in Singapore on October 11, 2026, pressing sovereign funds and private investors to increase long term investments into Indian infrastructure, semiconductors, digital finance and healthcare projects.
A three part musical documentary by Métis Dene filmmaker Marie Clements is drawing audiences and discussion at the Vancouver International Film Festival on October 10, as the film reframes colonial histories through song, testimony and performance.
At the India Mobile Congress on October 10, regulators and industry leaders made clear that three licensed satellite operators will be treated equally, but commercial launches remain stalled until the government finalizes spectrum pricing and security clearances. The stance narrows the dispute around Starlink, while highlighting commercial and regulatory choices that will shape competition between terrestrial and space based broadband in India.
A post - Nuit Blanche online panel on October 9 brought artists, educators and community advocates together to discuss equity, disclosure and the future role of artificial intelligence in public art, responding to audience unease after the citywide overnight festival.
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.