On the policy front, India is stepping up trade diplomacy. External Affairs Minister S Jaishankar said any potential India-US trade deal must respect India’s “red lines,” while negotiations with the EU and Qatar are slated for early October.
In other major developments, states have flagged toxic cough syrup batches following child deaths, the Supreme Court has sought the Centre’s response on activist Sonam Wangchuk’s detention plea, and OpenAI’s new partnership with AMD marks a major challenge to Nvidia’s AI dominance.
Stay with us for all the latest updates and expert takes—there’s plenty to unpack!
Stocks climb for the third consecutive session, and Nifty surpasses the 25,000 level
The stock market climbed for a third straight session on Monday, with the Nifty 50 reclaiming the 25,000-mark, buoyed by firm global cues and renewed optimism ahead of the second-quarter earnings season.
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Tata Capital IPO: CEO addresses the margin question
As Tata Capital's ₹15,512 crore initial public offering (IPO) opens for subscription, starting today till Oct 8, one of the concerns on the minds of potential investors is related to the margin. The flagship financial services firm of the $365 billion Tata Group makes one of the smallest profit margins compared to its peers.
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Cough syrup killing children: Maharashtra, Telangana flag Coldrif batches after deaths in MP, Rajasthan
Various states across India, such as Maharashtra, Telangana and Karnataka, have ramped up precautionary actions to stop the consumption and supply of Coldrif cough syrup following the deaths of children reported in Madhya Pradesh and Rajasthan.
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CGHS rate revision a positive step for cancer care, says HCG's BS Ajaikumar
Dr BS Ajaikumar, Chairman of HealthCare Global Enterprises (HCG), said the government’s decision to revise rates for nearly 2,000 medical procedures under the Central Government Health Scheme (CGHS) is “a step in the right direction,” especially for cancer patients. The new rates will take effect on October 13.
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India-US trade deal: White House must respect India's 'red lines'; issues being addressed: Jaishankar
Any trade deal between India and the US has to respect New Delhi's "red lines" and efforts are underway to find a "landing ground", External Affairs Minister S Jaishankar said on October 5 amid strain in ties between the two countries over Washington's policy on tariffs.
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India to hold FTA talks with the European Union, Qatar in 1st week of October
Amid global uncertainties and the implementation of the India-EFTA Free Trade Agreement from October 1, India is moving to broaden its trade portfolio through negotiations with multiple regions. Government sources told CNBC-TV18 that talks on the India-EU Free Trade Agreement are progressing well and are “on track to be concluded by year-end,” with India’s trade delegation scheduled to visit Brussels from October 6–10 for the 14th round of discussions.
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OpenAI, AMD announce multibillion-dollar partnership that could challenge Nvidia
ChatGPT maker OpenAI and chip-designer Advanced Micro Devices (AMD) on Monday, October 6, announced a multibillion-dollar partnership with ambitions to build infrastructure to meet the world’s growing Artificial Intelligence (AI) demands.
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Bihar Election Date 2025: Voting in two phases on Nov 6 and 11, result on Nov 14
The Bihar Assembly election will be held in two phases on November 6 and 11, announced the Election Commission on Monday (October 6). The result will be announced on November 14. The term of the 243-member state assembly ends on November 22.
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Supreme Court issues notice to Centre, Ladakh UT on Sonam Wangchuk's wife's plea challenging detention
The Supreme Court on Monday (October 6) sought a response from the Centre and Union Territory of Ladakh on a plea filed by Sonam Wangchuk's wife, Gitanjali J Angm,o challenging the climate activist's detention under the National Security Act, and seeking his immediate release.
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Explainer: Rubio says Gaza war has hurt Israel's global support. How has that played out at the UN?
The United States cannot ignore the impact the war in Gaza has had on Israel’s global standing, US Secretary of State Marco Rubio said on Sunday (October 5), as Israel’s diplomatic isolation mounts despite Washington’s attempts to shield its ally.
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