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Carlyle Group, KKR get ready to snatch up bargain leveraged loans

Money managers are looking to capitalise on a selloff in the $1.5 trillion US leveraged-loan market, with more than 85% of loans trading below face value

1 Nov 2026 8:45 am
US jobs pickup may keep Federal Reserve on track to hike rates again

Forecasters expect the report to show monthly job growth more than doubled in October, to 65,000, while the unemployment rate remained steady at 4.2%

1 Nov 2026 8:45 am
What Asian stock investors need to watch ahead of US midterm elections

A Democratic sweep of both chambers of Congress would likely bring greater scrutiny of the AI industry and data-center buildout

1 Nov 2026 8:45 am
US midterms enter final weekend as Alaska, California ballot fights heat up

Federal prosecutors intensify a probe into Alaska's Senate race, while the Justice Department signals a likely Supreme Court appeal over California mail-in ballots ahead of Tuesday's midterm elections

1 Nov 2026 8:22 am
South Korean exports nearly double in October on AI investment boom

Exports from Asia's fourth-largest economy, a bellwether for global trade, rose 93.7% from the same month last year to $115.28 billion

1 Nov 2026 8:17 am
US judge dismisses Trump's multibillion-dollar defamation suit against WSJ

A federal judge has thrown out President Donald Trump's multibillion-dollar lawsuit against The Wall Street Journal and media mogul Rupert Murdoch over a story reporting on his ties to wealthy financier Jeffrey Epstein. US District Judge Darrin Gayles in Miami dismissed the suit with prejudice on Saturday, ruling that the president did not prove the defendants made defamatory statements with actual malice. The ruling said the lawsuit was grasping at straws as it attempted to manufacture flaws in

1 Nov 2026 8:13 am
Opec+ agrees in principle to keep oil output targets steady in Dec

The meeting comes as Gulf members have been boosting exports that have been disrupted for months by the Iran war

1 Nov 2026 8:06 am
ERP transformation key to ensuring pharma manufacturing continuity: Experts

Modernising pharma through enterprise resource planning (ERP) transformation replaces vulnerable legacy systems with a single source of truth, ensuring uninterrupted manufacturing continuity, according to experts. This digital evolution gives life sciences companies the agility and data integrity needed to seamlessly meet strict regulatory requirements, Mandar Ghatnekar, Chief Technology Officer, Biocon, said while addressing the 15th edition of the Pharma IT Summit Mumbai 2026 organised by Exit

1 Nov 2026 8:05 am
Iranian envoys meet Qatar mediators as US strike threat looms post-midterms

US Secretary of State Marco Rubio said on Saturday that President Donald Trump has not decided whether to launch new strikes against Iran, but would prefer to resolve the conflict diplomatically

1 Nov 2026 8:00 am
Taking a career break? Plan these investments before quitting your job

Planning your finances before quitting your job can mean the difference between a liberating life break and monetary crisis

1 Nov 2026 8:00 am
France protests turn violent again as police brace for Halloween unrest

Scuffles erupt in Paris and other cities after nationwide demonstrations draw 320,000 people, with anger over inflation, fuel prices and strained public services fuelling unrest for a third weekend

1 Nov 2026 7:54 am
North Korean hackers behind $6.3 billion Binance crypto heist, says FBI

The theft of billions of dollars from Binance within a matter of minutes, the biggest crypto heist in history, was orchestrated by North Korean hackers, the FBI has said. The bureau said in a statement on Saturday that this week's attack was tied to malicious cyber activity by an entity known as TraderTraitor, the same actors behind a USD 1.5 billion Bybit hack last year. The FBI asked crypto exchanges, blockchain analytics companies and others to block transactions linked to various addresses t

1 Nov 2026 7:47 am
Quad foreign ministers express grave concern over economic coercion

The Quad foreign ministers on Saturday expressed grave concern over economic coercion through arbitrary export restrictions and practices that disrupt global supply chains. In an apparent reference to China, the foreign ministers of India, the US, Australia and Japan expressed grave concerns regarding economic coercion, including arbitrary export restrictions, as well as non-market policies and practices that result in overcapacity, disrupting global supply chains in critical industries. In a jo

1 Nov 2026 7:43 am
42% of California voter names flagged by Trump admin not on rolls: Analysis

More than 4 in 10 names flagged as possible noncitizen voters in California by the Trump administration cannot even be found on the state's voter rolls, according to a legal filing Saturday by an immigrant rights group. It's the first outside analysis of a list that the Department of Justice has used to threaten prosecution of election officials. The analysis also found that thousands of US citizens appear to be flagged as ineligible to vote on the government's list. The contention was made in a

1 Nov 2026 7:43 am
Secure supply chains, resilience key for global economy: Jaishankar at G20

External Affairs Minister S Jaishankar on Saturday said securing supply chains and ensuring their resilience was central to the well-being of the global economy. Addressing the concluding plenary of the G20 Foreign Ministers' Meeting in Atlanta, Jaishankar said diversification and de-risking, including in connectivity, are key to supply chain resilience, threatened by pandemics, conflicts, climate events and mishaps. The right to industrialise must be promoted; predatory practices and targeting

1 Nov 2026 7:37 am
G20 foreign ministers end Atlanta meeting without consensus on key issue

Top diplomats from the Group of 20 largest world economies wrapped up two days of talks on Saturday without reaching consensus on several critical global security issues after divisions, notably over Russia's war with Ukraine, visibly overshadowed the start of the Atlanta meeting and impacted its outcome, too. As a result, the group did not release a joint communique but relied on a chairman's statement summarising the talks that Secretary of State Marco Rubio released after the meetings closed.

1 Nov 2026 7:35 am
Govt raises export duty on diesel, aviation fuel; scraps petrol levy

Diesel export duty rises by 3 to 11.50 per litre, while the ATF levy increases to 11 per litre; the 2.50 duty on petrol exports has been withdrawn

1 Nov 2026 7:27 am
Past return is just one metric to pick a mutual fund: Know what to do

Beyond chasing historical performance, building long-term wealth requires matching mutual funds to your time horizon, risk tolerance, investment goal.

1 Nov 2026 6:00 am
BJP spreading rumours, INDIA bloc will not harm traders: Rahul Gandhi

Congress leader Rahul Gandhi on Saturday urged people coming to the national capital for the INDIA bloc's march and rally to shop ahead of Diwali and support local traders, asserting that the opposition's programme will not hurt businesses despite the BJP spreading rumours. In a video statement posted on X, Gandhi said that lakhs of people are coming to Delhi on Sunday for the march to the Ramlila Maidan, the venue for the INDIA bloc's rally against alleged electoral irregularities. It is the fe

31 Oct 2026 11:42 pm
US Secretary of State Rubio hosts Quad meet, wraps up G20 gathering

Rubio hosted a final plenary session with foreign ministers from the Group of 20 major economies during a two-day summit in Atlanta

31 Oct 2026 9:51 pm
Yogi, Vaishnaw flag off Vande Bharat Sleeper train on Varanasi-Delhi route

Uttar Pradesh Chief Minister Yogi Adityanath and Union Railway Minister Ashwini Vaishnaw on Saturday flagged off the Vande Bharat Sleeper Express between Varanasi and New Delhi, marking the launch of a new overnight rail service that will connect the two cities in less than 10 hours. The Railway Ministry had announced on Friday that the new service would strengthen connectivity between one of India's most prominent spiritual and cultural destinations and the national capital. The train will conn

31 Oct 2026 7:40 pm
Delhi to Agra in 59 minutes: PM Modi approves north bullet train corridor

Railway Minister Ashwini Vaishnaw announced on Saturday that Prime Minister Narendra Modi has approved the north corridor of the bullet train project, which is expected to transform the lives of many people. Vaishnaw emphasised that the concept of the construction work for the bullet train, from pillar to girder, will be made in India. The construction is progressing rapidly. It will be fully 'Make in India', built by the youth and welders of India, he said. Speaking before flagging off the new

31 Oct 2026 6:34 pm
Why voters won't reject Netanyahu

Netanyahu has won only because he hasn't been defeated. He's also changed Israel fundamentally. Any ruling alliance now will have to be a coalition to the exclusion of Israel's Arab citizens

31 Oct 2026 9:30 am
Axis Trustee threatens contempt action against Yes Bank over AT1 bonds

The trustee warned of contempt proceedings against the bank and its directors over alleged non-compliance with the Supreme Court ruling setting aside the Rs 8,415 crore AT1 bond write-off

31 Oct 2026 9:22 am
US probing possible North Korean link to $6.3 bn Binance hack: Trump

The US president said Washington was investigating whether North Korean hackers were behind the record cryptocurrency theft, as Binance said about $3 billion of the stolen assets had been frozen

31 Oct 2026 9:17 am
Binance hack exposes unsolvable crypto risk: Billions can vanish overnight

The record-breaking theft has shaken confidence in cryptocurrency infra, with Binance and its partners freezing billions of dollars in assets and pledging to reimburse customers for their losses

31 Oct 2026 9:10 am
Apple overtakes Nvidia to become world's most valuable company at $5.03 trn

Apple's market value edged past Nvidia's as concerns over returns from heavy AI infrastructure spending weighed on technology stocks, while the iPhone maker's shares have gained 27 per cent in 2026

31 Oct 2026 8:56 am
China's factory activity eases in October, manufacturing PMI falls to 49.3

The official manufacturing PMI slipped from 50.1 in September, missing economists' forecast of 49.9, while the non-manufacturing index fell to 49.7, adding pressure on Beijing to support growth

31 Oct 2026 8:47 am
Google in talks with Pentagon to join Trump's Golden Dome defence programme

The Pentagon is standing up a new industry group that aims to secure the data that feeds into military software being built for Golden Dome

31 Oct 2026 8:39 am
Isro's GSLV successfully places NVS-03 satellite into 'designated' orbit

India's independent regional navigation satellite system NavIC was restored to its minimum operational configuration of four satellites on Friday as ISRO successfully launched its navigation satellite NVS-03, which was placed into the designated injection orbit by a GSLV rocket. The second-generation navigation satellite NVS-03 with indigenous and procured atomic clocks has a wide array of applications including civilian use like real time tracking of trains, vehicles, and shipping vessels. Furt

31 Oct 2026 8:33 am
US appeals court rejects Trump's bid to set aside 20,000 California votes

A 2-1 ruling denied the administration's request to block disputed ballots from being counted until voters' citizenship status is verified ahead of the midterm elections

31 Oct 2026 8:30 am
US judge orders removal of three Trump admin ads over political messaging

The federal government must pull three taxpayer-funded Trump administration ads from television and social media sites that appear to have been made for political or propaganda purposes, including one that trumpets the president's claim that every American will get USD 5,000 if Republicans keep control of the House and Senate in the midterm election, a judge has ruled. US District Judge Jennifer L. Rochon in New York sided with a coalition, including the nonpartisan watchdog Common Cause, in ord

31 Oct 2026 8:29 am
US approves $2.1 billion Patriot missile sale to Ukraine, funded by allies

The Trump administration has said that it has approved a proposed USD 2.1 billion sale of Patriot air defense interceptors for Ukraine after Kyiv had accused the Pentagon of delaying delivery of the vital munition needed to stop Russian ballistic missiles. The State Department said 500 Patriot missiles are being purchased for Ukraine with donations from Canada, Germany and Norway through a US programme and that no American funds were involved. This proposed sale will support the foreign policy a

31 Oct 2026 8:15 am
Jaishankar slams global energy disruptions through sanctions, chokepoints

External Affairs Minister S Jaishankar strongly disapproved of disruptions in global oil supplies through sanctions and chokepoints, saying deliberate attacks on energy trade and infrastructure were a calculated strategy to hold prices hostage. Jaishankar's remarks at the G20 Foreign Ministers' Meeting in Atlanta on Friday came amid American sanctions on the sale of Iranian oil and disruption to energy supplies from West Asia and the decision to lift sanctions on the sale of Russian diesel. The

31 Oct 2026 8:10 am
From savings to settlement: How to set up funds for house down payment

A blueprint for protecting your capital and structuring low-risk investments to ensure your house deposit is ready on closing day

31 Oct 2026 8:00 am
Trump says US in no hurry to end Iran war, claims time favours Washington

The US president said Washington had time on its side after seven months of fighting, claiming Iran was struggling to pay its soldiers and police personnel and remained keen on negotiations

31 Oct 2026 7:53 am
Houthis deny drone attack on Saudi's Medina region, call claim fabricated

Houthi military spokesperson denied targeting Saudi territory after the Saudi-led coalition said it had intercepted and destroyed a drone over the Medina region amid escalating regional hostilities

31 Oct 2026 7:50 am
Best of Opinion: From closing window to overshoot, climate action retreats

Today's columns examine climate overshoot and AI's environmental costs, Netanyahu's electoral position in Israel, US midterm implications for oil prices and China's property crisis

31 Oct 2026 6:15 am
What is estate planning: Nomination, joint holding, beneficiaries and Will

Without the correct paperwork, a savings account or a demat portfolio can become legally inaccessible

31 Oct 2026 6:00 am
States vie for a bigger share of domestic tourism boom amid festival travel

States are stepping up campaigns, tourism circuits and private partnerships to attract domestic travellers, as expensive overseas holidays encourage Indians to explore destinations closer to home

31 Oct 2026 12:22 am
NITI Aayog plans to organise national leadership workshop for bureaucrats

November 17 workshop to focus on governance lessons from key public missions and building a future-ready civil service

31 Oct 2026 12:14 am
Govt extends customs duty exemption on cotton imports till December 31

The two-month extension aims to improve cotton availability, ease input costs for textile and apparel manufacturers, and provide relief to small and medium enterprises

31 Oct 2026 12:11 am
Cyberattack on SMARTs portal puts Sebi's cybersecurity team on high alert

Sebi puts its cybersecurity team on red alert after a code execution attack on its SMARTs portal, but says no personal or sensitive data was compromised

31 Oct 2026 12:07 am
FTAs to open $85 trillion market; traders need to expand footprint: Goyal

With India's trade pacts set to provide preferential access to its goods and services in countries with a combined GDP of USD 85 trillion in the coming years, the industry should look beyond the huge domestic market and step out of its comfort zone to expand globally, Union Minister Piyush Goyal said on Friday. He said that before 2014, India had implemented free trade agreements (FTAs) with countries having an aggregate GDP of USD 10 trillion. In the last four and a half years, the government h

31 Oct 2026 12:05 am
Look into claims of bulk submission of Form 7 in UP SIR: SC to poll body

The Supreme Court on Friday asked the Election Commission to look into allegations of irregularities involving bulk submission of Form 7 applications during its special intensive revision of electoral rolls in Uttar Pradesh and take necessary corrective steps. Form 7 is an application form seeking the deletion of a voter's name from the draft electoral roll. A bench of Chief Justice of India Surya Kant and justices Joymalya Bagchi and V Mohana directed the petitioners to submit a note specifying

30 Oct 2026 11:59 pm
Mazagon Dock Shipbuilders scouts partners for proposed shipbuilding hubs

The defence shipbuilder plans clusters in Maharashtra and Andhra Pradesh, with a proposed investment of Rs 20,000 crore over five to seven years

30 Oct 2026 11:58 pm
Gail's net profit zooms two-fold to 4,724 crore on robust volumes

GAIL's Q2 net profit jumps 138% to 4,724 crore, supported by strong gas transmission and marketing volumes; board approves plans to list subsidiary GAIL Gas through an IPO

30 Oct 2026 11:48 pm
Global tech giants' spending spooks investors and drives bonds rally

US bonds rally as investors question returns on massive AI investments; crypto slides after Binance hack concerns, while oil rises on Strait of Hormuz risks

30 Oct 2026 11:40 pm
Powered by fuel earnings, Reliance Industries tops Sep quarter estimates

First to report over Rs 50K cr half-year profit

30 Oct 2026 11:34 pm
Hospital chains urge Centre to withdraw ban on reuse of single-use devices

Hospital chains seek regulated reuse of single-use medical devices, warning that a blanket ban could raise procedure costs by 25-75% and disrupt dialysis services for nearly 500,000 patients.

30 Oct 2026 11:30 pm