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IMF says AI investment propping up global growth, but war and debt threaten outlook
The International Monetary Fund forecasts a global GDP growth of over 3% for 2026 driven by strong AI investment. Despite this growth, downside risks are increasing, leaving many countries vulnerable to rising debt. Key oil-producing nations are expected to face significant recessions due to ongoing conflicts. The outlook for developed economies such as the US and Eurozone is more stable, with growth revisions.
The International Monetary Fund has updated its global growth forecast for 2026 to 3.1 percent. Concerns remain about the economy's resilience amidst geopolitical tensions and depleting oil inventories. Advanced economies are projected to grow more slowly, while emerging markets may face slowdowns. Inflation is expected to remain high, impacting consumer prices worldwide. Policymakers are urged to strengthen fiscal measures and manage inflationary pressures effectively.
Gold subdued with spotlight on US inflation data
Gold prices have seen a slight retreat as investors brace for key US inflation figures that could sway interest rates. The robust US dollar further complicates matters, making gold pricier for overseas buyers. While the Federal Reserve is poised to maintain current rates this month, market watchers are speculating on a potential hike in December.
One person is dead, several others injured in incident involving Six Flags roller coaster in Georgia
On Monday afternoon, a fatal incident occurred at Six Flags Over Georgia, where one person died. Several others sustained injuries, prompting an immediate response from local authorities and the park. The cause of the death and the injuries remains under investigation by the police department's major crimes unit. In recent news, other Six Flags parks have faced lawsuits related to injuries and fatalities from roller coasters.
Oil ticks lower as Russia diesel supply prospects counter Gulf supply risks
Oil prices dipped following a prior rise, with Brent crude futures down by 61 cents per barrel. Traders weighed supply risks stemming from recent assaults in Saudi Arabia and the potential increase of Russian diesel imports. Ongoing concerns about the robustness of Gulf energy infrastructure arose after strikes near vital shipping routes.
Actor Selma Blair arrested in New York after an alleged assault on a Delta flight
Selma Blair was arrested after being accused of injuring two flight attendants on a Delta Air Lines flight. The incident occurred while the flight was landing at John F. Kennedy International Airport in New York. Blair reportedly suffered a medical emergency that contributed to her conduct during the flight. Following her arrest, she faced charges related to assaulting a police officer and a nurse.
'We are going to see': Trump on Iran's alleged link in UK's RAF Fairford incident
Donald Trump stated that the United States is evaluating potential actions against Iran amid recent allegations. The UK government and allied nations condemned Iran's purported hostile activities and attributed involvement in an incident. Joint statements emphasized the need to address Iran's use of covert networks and proxy actors for destabilization. Meanwhile, Iran dismissed the allegations as baseless and a fabrication aimed at deflecting scrutiny from other geopolitical issues.
NYT, AFP, The Economist join 40+ publishers to stop AI firms monetising content without permission
Over 40 publishers have united in the SPUR coalition to protect their content from unauthorized AI usage. This initiative includes prominent outlets like The New York Times and the Financial Times. Recent legal actions have aimed at stopping AI companies from using copyrighted materials for training purposes. SPUR is also working on ways for publishers to track content usage and enforce licensing.
'Breaking Bad' actor and disability rights activist RJ Mitte dead at 34
RJ Mitte, best known for portraying Walter White Jr. in 'Breaking Bad', has passed away at 34. His role drew from his personal experiences with cerebral palsy, which he advocated for extensively. Mitte also acted in the 2021 film 'Triumph', showcasing a high school wrestler with disabilities. His death, confirmed by his talent agency, occurred in Brownsville, Texas, though details remain undisclosed.
Indian, US and Chinese firms show interest in Peru's $844 million port project
Investors from the United States, China, and India have shown interest in a new port project in southern Peru. This port, expected to cost approximately $844 million, aims to accommodate large vessels for international shipping. Regional officials confirmed that multiple companies are exploring partnership opportunities for the project. A timeline for construction and additional investments has yet to be finalized.
US Stock Market update: Micron Technology fell 3.9 per cent, Advanced Micro Devices dropped 2.3 per cent, Broadcom slid 1.9 per cent and Nvidia gave up 1.3 per cent.
OpenAI and its backer, Microsoft, also face similar copyright claims from prominent authors and news organizations, including the New York Times.
Reddit-Perplexity AI clash: What to know about high-profile data scrapping case
Reddit-Perplexity AI clash: The case is part of a wave of copyright cases targeting AI companies over their alleged use of protected content for AI training.
Why is Selma Blair arrested on Delta Airlines plane at John F. Kennedy International Airport?
Selma Blair arrest: It's not the first time Blair has had issues aboard a plane. In 2016, Blair apologized for making statements she later regretted during a flight from Cancun to Los Angeles. She said she had mixed alcohol with medication, causing her to black out.
US Midterm elections 2026: Republican have a gaping financial advantage over their Democratic counterparts a disparity that has been a rare bright spot for a party that is bracing for major potential losses amid deep voter frustration over the president's performance, stubbornly high prices and the unpopular war with Iran.
RJ Mitte dies at 34: What happened to the Breaking Bad star who played Walter White Jr.
RJ Mitte, the actor famous for his role in Breaking Bad, has died at the age of 34. Mitte was an advocate for disability awareness, promoting inclusion for people with disabilities throughout his career. Known for playing Walter White Jr, he drew on his experiences living with cerebral palsy to raise awareness.
Orionid Meteor Shower October 2026: Here's the peak date and best time to watch
On October 21 and 22, 2023, the Orionid meteor shower will be visible in Indonesia. People can expect to see shooting stars without any tools and without city lights. The best viewing time will be after the Moon sets around 2:30 a.m. While in cities like Jakarta and Makassar, finding a dark place will enhance visibility. Adjusting to darkness for 30 minutes will help catch more meteors in the sky.
'Political intimidation!': Ilhan Omar vs. Trump escalates over 'weaponization' of law enforcement
'Political intimidation!': Ilhan Omar vs. Trump escalates over 'weaponization' of law enforcement
'EU's dangerous censorship': 'House 'exposes' Europe's threat to US free speech at fiery hearing
Four opposition parties in Israel are collaborating to remove Benjamin Netanyahu from power in the upcoming election. While they agree on ousting Netanyahu, their commitment to alter policies regarding Palestinians is uncertain. Notably, key leaders within the alliance maintain strict positions against Palestinian statehood and support for settlements. The potential shift in government may not lead to significant changes in the treatment of Palestinians.
Michele Tafoya, a former sportscaster, is running for the Senate in Minnesota with a focus on accountability. Her campaign emphasizes fiscal responsibility, government transparency, and family-oriented policies while criticizing corruption. Tafoya's financial disclosures reveal a wealth significantly higher than her opponent, Peggy Flanagan, raising potential voter concerns. Flanagan has highlighted her background, focusing on economic issues affecting everyday families.
India draws $351 billion in Greenfield FDI, outpaces China
Speaking to ET, Nikolaus Lang, managing director & senior partner at BCG highlighted the Indian market as the biggest draw for investors amid a sweeping global realignment. He, however, stressed on sustained focus on infrastructure development, skilling and cost competitiveness for India to further enhance its manufacturing footprint on a global scale.
'She's ICE-collaborator': Mamdanis socialist allies turn against NYC police chief amid ICE shooting
Antarctic sea ice hits alarming low in 2026: Scientists raise concerns over growing decline
In 2026, Antarctic sea ice extent hit its lowest annual maximum, highlighting alarming trends associated with climate change. Satellite data show a persistent decline, raising questions about the broader implications of these changes. Over the decades, fluctuations in ice coverage have been noted, with advanced technology employing passive microwave sensors for precise detection of sea ice versus open water.
Sean 'Diddy' Combs was transported from FCI Fort Dix for medical care after suffering a head injury. Reports suggest the injury is not life-threatening, although the cause remains unclear. After receiving treatment, Combs was returned to the prison and placed in solitary confinement. Combs is serving a 50-month sentence for transportation to engage in prostitution, among other allegations. His expected release date has been postponed to March 2, 2028.
Her organs shut down and fail: Witness reveals what happened after daughters COVID Vaccine shot
High prices are testing Latino voter loyalties in a key battleground district
Victor Martinez hosts a Spanish-language radio show in Allentown, focusing on Latino voters' concerns about the economy. Listeners express frustration over rising prices for fuel and groceries amid political challenges. Martinez, who previously supported Republican candidates, is backing Democratic candidate Bob Brooks this election. His show provides a platform for sharing stories that connect listeners with political discourse.
Warren Buffett continues to recommend low-cost S&P 500 index funds for building wealth over time. He emphasizes that average investors should avoid complicated strategies and high fees that diminish returns. Buffett's guidance extends to his family's financial future, advocating a similar investment approach for his wife's wealth. He believes in the long-term growth potential of the American economy despite past crises.
In November 2016, real estate firm KBS bought the 16-story building for $54 million in a joint venture with private developer Sterling Bay. Their goal was to turn the retail property into a Class A mixed-use building while preserving its historical architecture. The $16.6 million project took a year to complete. It covered 200,000 square feet of core renovations and 23,000 square feet of interior updates. Figures cited in the 2021 project account put Portland's technology workforce at 60,550 people, making it the 26th-largest tech talent pool in the country.
'We'll always be 'one nation under GOD', not': Trump shares Kid Rocks Abdul attack amid Sharia row
Trump, Rubio extremely pissed off at Guilfoyle over alleged $100,000 demand? US envoy faces firing
Nigel Farage vows to halt UK asylum system for five years
We will end the asylum system for up to five years ... because we're in the most terrible mess as a country, Farage said in a speech in Kent, southern England. We have to end this asylum scam, and we have to end this racket, said the pro-Brexit figurehead. The next general election is not due until 2029.
Khyber Pakhtunkhwa under emergency, Pakistan Army eyes bigger role
Pakistan's federal government has declared a state of emergency in Khyber Pakhtunkhwa, escalating a political dispute with the Opposition-led provincial government at a time of prolonged security tensions along the border with Afghanistan.
Arbys new chicken cheesesteak sandwiches are here: 3 new flavours join the menu for a limited time
Arbys plans to introduce three Chicken Cheesesteak sandwiches that feature different flavors and toppings. Customers can choose from a classic, deluxe, or spicy version for a limited time. Each sandwich contains marinated chicken, melted cheese, and is served on a toasted roll. The new additions aim to expand Arbys menu while maintaining its emphasis on meat-focused options. Customers can find these sandwiches at participating Arbys locations across the United States.
As artificial intelligence expands across the US, data centres are consuming more electricity, raising concerns about rising power bills for ordinary Americans. The US House of Representatives is expected to vote on bipartisan legislation, the Ratepayer Protection Act, which aims to make large data centres pay their share of the costs of electricity infrastructure. Here's what the proposed bill could change and what it could mean for household electricity bills.
'Who's pulling the strings?': Neville Roy Singhams alleged funding links to France protests surface
In 2000, SoftBanks Masayoshi Son invested $20 million in Alibaba, the Chinese online marketplace founded by Jack Ma. The company had little revenue, and investors had passed on Mas idea. Alibaba was also helped by a $1 billion investment from Yahoo in 2005. When it went public in 2014, its IPO raised $25 billion. SoftBanks stake was worth tens of billions, making the bet one of tech investings standout deals.
Who believes that?: MAGA not buying James Talaricos flu story; mental health claims emerge
Dan Osborn is campaigning as an independent candidate for the U.S. Senate in Nebraskas 2026 election. He previously gained national attention as a union leader during a significant worker strike at Kellogg's. Osborn's campaign focuses on issues affecting workers, corporate influence in politics, and rising living costs. He is aiming to present an independent voice amidst party politics in Nebraska. Osborn faces Republican Sen.
Ilhan Omars home raided! Federal agents search congresswomans residence over immigration fraud
'Scream all you want, you can't stop us': Homan's blunt response to Mamdanis demand to remove ICE
Black Clover Season 2 Episode 3 first images released: Check release date, time, and other details
Get ready for an intense showdown in Black Clover Season 2 Episode 3, named Black Guardian, releasing on October 17, 2026. Following the thrilling training sequences of Asta and Liebe, the episode showcases their quest to conquer a new transformation while opposing the Dark Triad. The opening of the Qliphoth Gate brings in high-ranking devils, ensuring that every character faces dire battles and crucial stakes.
China has flown its large, jet-powered Jiutian drone for the first time. The aircraft is much bigger than many military drones in service today. Its size also gives it room to carry a heavy payload, including equipment designed to release swarms of smaller drones. Built by AVIC, the jet-powered aircraft can carry up to six tonnes and stay airborne for 12 hours. The drone can reportedly reach speeds of up to 378 knots and operate at altitudes of up to 15,000 metres.
The Pentagon has certified General Dynamics Bath Iron Works to construct a second guided-missile destroyer. This decision reflects improvements in production capability to meet naval demands. However, Congress must secure funding for actual construction of the second vessel. The U.S. aims to strengthen its naval capabilities in response to China's expanding fleet. The certification marks a critical step toward enhancing the American maritime industrial base.
MacKenzie Scott, the ex-wife of Jeff Bezos, donated $26.2 billion over five years and $7 billion in 2025. Despite her significant charitable contributions, she did not appear on the Philanthropy 50 list this year. This exclusion is attributed to her preference for privacy in philanthropy and lack of detailed donation information. Scott's approach to generosity is influenced by personal acts of kindness experienced in her life.
US Bonds Market: The rise in yields has pushed 30-year mortgage rates to a nearly three-year high of 7.4 per cent, keeping many homeowners locked into existing loans rather than refinancing as they often do when rates decline.
Elon Musk quietly becomes biggest known donor in midterm contests as he tries to save Republicans
The numbers, first reported by the New York Times ahead of this week's federal filing deadline, were confirmed by Andrew Romeo, a spokesperson for Musk's super PAC. The money includes $158 million given to the Senate Leadership Fund, the main super PAC supporting Republican Senate candidates, one of the largest known political donations in American history.
Kerala Congress fires person responsible for post asking CJI Surya Kant to resign
Kerala Pradesh Congress Committee President Sunny Joseph confirmed the removal of an individual responsible for an offensive social media post. This decision followed a lack of consent from the KPCC leadership regarding the controversial remarks against CJI Surya Kant. The KPCC reaffirmed its support for the judiciary's impartiality and clarified that opposing views do not reflect its stance.
If he resigns from his seat, Im ready for: Assam CM Himanta Sarma dares Rahul Gandhi
Iran likely behind security inident at RAF Fairford, says UK PM Burnham
British Prime Minister Andy Burnham indicated that a suspected plot against RAF Fairford was likely coordinated in Iran. Five British men were arrested for terrorism and later released on police bail with conditions. The arrests occurred in the early hours of September 27, raising concerns about foreign state involvement. President Donald Trump mentioned a threat related to Iran prompted the removal of American B-1 bombers.
From immigration records to a $29.9 million asset discrepancy: The questions surrounding Ilhan Omar
Federal agents searched Ilhan Omar's home, focusing on her childhood immigration documents and financial disclosures. The investigation concerns significant discrepancies in reported asset values between years, raising questions about financial conduct. While federal scrutiny has surrounded Omar for years, she has denied any wrongdoing regarding marriage fraud allegations. Authorities have not disclosed specific evidence sought or potential charges related to the investigation.
'I give absolutely zero thought': DHS chief Mullin brushes off backlash over Hasan execution stream
'I give absolutely zero thought': DHS chief Mullin brushes off backlash over Hasan execution stream
Micron Technology stock crash today: Why is MU share price at Nasdaq down on Monday?
Micron Technology stock today: MU share price at Nasdaq was down on Monday. Chipmaker Micron in September forecast quarterly revenue above estimates.
Ilhan Omars home was searched by federal agents as part of a criminal investigation, renewing attention on her husband, Tim Mynett. Mynett is a political consultant who worked on the congresswoman's campaign. Democratic Rep. Ilhan Omar married Tim Mynett in March 2020. She was previously married to Ahmed Hirsi, with whom she shares three children
Your Student Loan could disappear, then the IRS Bill arrives: What changed in 2026?
A report by Protect Borrowers estimates that between 2 million and 3 million Americans could face federal tax bills over the next decade. The report also gives examples of how families could be affected. Some households could face additional taxes and lose tax credits worth a combined $6,000 to nearly $12,000.
US midterm elections on November 3: No Democrat has won statewide in Texas since 1994. Donald Trump won Texas by nearly 14 points in 2024 Presidential polls.
Norse voyages to North America occurred centuries before Christopher Columbus's expedition in 1492. Archaeological evidence from L'Anse aux Meadows confirms Viking presence around AD 1021. The Vikings established temporary settlements but did not create permanent colonies in the region. The lack of resources and changing relations with Indigenous peoples contributed to their withdrawal. While Columbus's arrival in 1492 initiated significant European colonization, the Norse achievements largely remained overlooked.
'What they've done to Minnesota': Trump goes after Ilhan Omar, Somali gangs over migration fraud
'What they've done to Minnesota': Trump goes after Ilhan Omar, Somali gangs over migration fraud
Heavy fog in Ohio has resulted in numerous school delays and closures for students and families today. Many schools are experiencing either one-hour or two-hour delays due to limited visibility. The fog is expected to lift later in the morning, leading to sunnier conditions in the afternoon. Meanwhile, forecasters are predicting varied winter weather conditions as a powerful El Nio develops.
Smart #2 electric city car unveiled: Price, range, features and UK launch details
Smart has introduced the Smart #2, a dynamic electric city car set to launch in early 2027. This compact vehicle boasts an impressive range of 180 miles per full charge, powered by a rear-wheel drive system and an 80bhp engine. With three available trim levels, pricing begins at 17,900 for the base model.
Danielle Cooper, a 44-year-old mother of two, won two British bodybuilding titles after taking up the sport at 40. She shares her fitness advice for women, explaining why nutrition, walking and the right mindset are key to achieving fitness goals. She says that women should make nutrition their foundation and focus on increasing their physical activities, like increasing daily steps.
The Andromeda Galaxy, also known as Messier 31 or M31, looks like a faint, blurry patch in the constellation Andromeda. It lies far beyond the Milky Way, the galaxy that is home to our solar system. Andromeda is so far away that the light we see today began its journey toward Earth about 2.5 million years ago.
Many GOP states have imposed new voting rules this year, some mirroring Trump's midterm proposals
More than three dozen new voting laws in Republican-led states are taking effect for the 2026 midterms, tightening rules around voter ID, proof of citizenship, mail ballots and voter rolls even as similar Trump-backed proposals stalled federally. Supporters say the measures strengthen election safeguards, while voting-rights groups warn they could make it harder for eligible voters to register or cast ballots.
Columbus Day 2026: Christopher Columbus never set foot on mainland US, yet America observes a federal holiday in his name. He even did not proof that the Earth is round. Here's how Columbus Day began, its connection to Italian American heritage and why the holiday remains controversial in the United States.
Is the US Stock Market Open on Columbus Day 2026? NYSE, Nasdaq, Dow Jones and S&P 500 trading hours - The New York Stock Exchange and Nasdaq remain open for regular trading sessions today, Monday, October 12, 2026. Normal trading hours run from 9:30 a.m. to 4:00 p.m. Eastern Time. Investors buying and selling equities, options, and exchange-traded funds can process transactions without interruption.
In October 2006, a remarkable event occurred when a Chinese Song-class submarine shadowed the USS Kitty Hawk without detection during naval drills. The submarine emerged surprisingly close to the carrier but refrained from engaging, prompting debates among military experts about whether this was intentional or an accident. Years later, the decommissioned USS Kitty Hawk was sold for just a cent, stirring concerns among veterans about its fate.
Abusing Election Commission not enough to win polls: JD(U) takes dig at Rahul Gandhi
JD(U) spokesperson Rajeev Ranjan accused Congress leader Rahul Gandhi of abusing the Eleciton Commission (EC) and said it would not be enough to win the elections. He said the party responsible for India's independance was shrinking and admonished Gandhi for failing his party to secure more than 100 seats in the Parliament. He claimed the Congress was facing difficulties and alleged discord within the party.
Lawyers file Rahul Gandhi's plea in SC as INDIA bloc march stopped at barricaded Bhagwan Dass Road
Opposition leaders organized a protest march towards the Supreme Court to file a petition regarding alleged electoral fraud. The march, named March for Democracy, was led by prominent figures like Rahul Gandhi and Mallikarjun Kharge. Participants included supporters and activists who joined the protest against Chief Election Commissioner Gyanesh Kumar. Police stopped the march at barricades on Bhagwan Dass Road in Delhi.
Columbus Day 2026: Monday marks Columbus Day and Indigenous Peoples' Day across the United States. Major financial institutions, including Bank of America, Wells Fargo, and Citibank, keep their physical branch locations closed. The New York Stock Exchange and Nasdaq remain open for regular trading sessions, running from 9:30 a.m. to 4:00 p.m. Eastern Time.
Nobel Prize in economics 2026: Robert E. Hall, Michael Woodford win the award
Stock market on Columbus day: Earnings season begins on Tuesday, with major US banks including Wells Fargo, Goldman Sachs, Citigroup and JPMorgan Chase scheduled to report first.
Bill Gates says AIs immediate danger comes from people, what could happen next?
Bill Gates warned that the next year could bring a lot of negative surprises, especially in the form of cyberattacks. He said the danger comes from people with harmful intentions gaining access to powerful new AI models without proper safety controls.
India's retail inflation quickens to 5.54% in September from 4.83% in August
India's retail inflation accelerated to 5.54% in September 2026, a notable rise from August's 4.83%. This jump is particularly linked to rising food prices, predominantly in vegetables. Rural inflation hit 6.08%, outpacing urban inflation at 4.88%. In response, the Reserve Bank of India increased the benchmark repo rate by 25 basis points on October 7, 2026, and revised its inflation outlook for the fiscal year 2027.
Nepal Flash Floods Reason: Nepal has witnessed another flash flood after a landslide blocked the Budhi Gandaki River in Gorkha district. Here's why repeated floods are hitting the Himalayan country, how climate change and unstable mountain slopes contribute to the risk, and why India needs to monitor downstream rivers.
Plan to shackle Hope executed to perfection: Indian pacer Arshdeep Singh
India secured a 14-run victory in the third T20 International against West Indies, leading the series 2-1. Arshdeep Singh played a crucial role by taking three wickets, effectively resigning Shai Hope for just five runs. The bowlers executed their strategy successfully, limiting West Indies to 209 after batting first. Arshdeep also contributed with the bat, scoring 11 runs including a six.
A Shimla consumer commission has ordered a lender to pay a borrower the market value of around 103 grams of pledged 22 carat gold, plus Rs 50,000 as compensation and costs. It found the lender did not follow RBI rules on consent and notice for surprise verification of pledged gold.
WATCH: Rahul Gandhi, INDIA bloc leaders begins march to Supreme Court over CEC Gyanesh Kumar
Owaisi Targets Akhilesh Ahead of UP Polls, Alleges Understanding With Yogi
US Midterm Elections 2026: The races that will decide control of the US Senate
Control of the US Senate will hinge on a small group of closely watched races, with Democrats defending seats in Georgia, Michigan and New Hampshire while targeting Republican-held contests in Maine, North Carolina, Ohio, Alaska, Iowa, Texas and Kansas. Democrats need a net gain of four seats for a 51-49 majority, making breakthroughs in several states Trump carried in 2024 crucial to their chances.
Ayodhya decked up for Navratri, Durga idols installed across the city
Germany faces a shadow war more far-reaching than Cold War, warns minister
Alexander Dobrindt emphasized the need for enhanced intelligence capabilities to address emerging threats facing Germany. He believes the current 'shadow war' surpasses the intensity of the Cold War. The German government is reviewing a reform bill to empower its intelligence agencies. This bill arises from concerns following a recent failed attack linked to Russia. Officials assert that Germany must not lag behind in intelligence development amidst these challenges.
High Court seeks Delhi Police's stand on plea of 2020 riots case accused to travel to UK
The Delhi High Court sought the city police's stand on a plea by activist Natasha Narwal seeking permission to travel to the United Kindom for an academic conference. The plea follows Narwal's bail in connection to 2020 northeast Delhi riots. Her counsel sought an speedy decision to apply for her visa release, release her passport and purchase tickets.
How Sidhu Moosewala is returning to the stage using hologram technology | explained | TechPulse
Six reasons Democrats may fall short of a midterm landslide in November
Democrats enter the November 3 midterms with favourable conditions, including Trumps low approval ratings and voter concern over prices and the Iran war, but several structural factors could limit their gains. Fewer competitive House seats, a difficult Senate map, turnout risks, Republicans financial advantage, polling uncertainty and GOP attacks portraying Democrats as socialists could all keep the election from becoming a sweeping Democratic wave.
Economists Robert E. Hall and Michael Woodford won the Economics Nobel, known formally as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, the prize committee announced on October 12.
Nobel Prize in Economics 2026 awarded to Robert E. Hall and Michael Woodford
Robert E. Hall and Michael Woodford have been awarded the 2026 Nobel Prize in Economic Sciences for their research. Their work focuses on improving macroeconomic models that aid policymakers in stabilizing the economy. The research demonstrates how fiscal and monetary measures can effectively reduce economic fluctuations and downturns. Esther Duflo and Abhijit Banerjee previously won the prize in 2019 for their work on poverty alleviation.
Naman Dhir turns batters instincts into bowling weapon in Indias T20I win
Naman Dhir performed well in his debut T20I series, taking important wickets against the West Indies. He utilizes his batting skills to anticipate batters' intentions while bowling, enhancing his performance. Dhir emphasizes the importance of line, length, and pace variations as an off-spinner. He identifies himself as a batting all-rounder, flexible in his batting position based on the match situation.
BCCI denies reports of India-Sri Lanka ODI shifting from Delhi to Ahmedabad
The Board of Control for Cricket in India has addressed the rumors regarding the India-Sri Lanka ODI match. According to BCCI Honorary Secretary Devajit Saikia, the match remains scheduled in Delhi. He emphasized that no decision has been made to shift the venue to Ahmedabad. Saikia urged the media to rely solely on official BCCI communications for updates.
Chinese car makers increasingly rely on overseas markets as September exports surge
Chinas passenger car exports jumped 64% year-on-year in September to about 919,000 units as automakers increasingly looked overseas to offset weak domestic demand. Chinese brands are expanding rapidly across Europe, Latin America, Southeast Asia and Africa, but tariffs and geopolitical pushback are pushing companies such as BYD to manufacture more vehicles locally in foreign markets.
