The week
The week in brief.
Every story from the last seven days, by topic.
Global Affairs
8 stories- Israeli opposition leaders back Gadi Eisenkot to form governmentOpposition leaders have aligned behind Gadi Eisenkot in a bid to oust Benjamin Netanyahu following the recent election deadlock. Meanwhile, President Isaac Herzog has begun…
- Russian airstrikes kill at least 38 in Ukraine; Zelenskyy seeks US pressureFresh Russian aerial attacks killed at least 38 people over 24 hours, striking a hospital, a hospice, and a village aid center. Officials report that nine 3,000kg bombs hit the…
- ET Government reports: India and France discuss 114 fighter jets and submarinesIndia and France are reportedly advancing defense ties through discussions on the acquisition of 114 Rafale fighter aircraft and submarines. According to ET Government, the two…
- US says it has revoked more than 300,000 visas under Trump's current termThe US State Department said on Sunday it has revoked more than 300,000 visas under Secretary of State Marco Rubio, calling it the most in American history, The Indian Express…
- US midterm elections reach final stage as parties compete for congressional controlThe US midterm campaign has entered its final days with both parties vying for congressional control. Donald Trump held late rallies in Iowa and Kansas, while voters prioritize…
- More than 43 million ballots cast in US midterms, BBC reportsMore than 43 million ballots have been cast in the US midterms, according to BBC reports. Hispanic voters are reportedly contributing to the surge, with early participation…
- China denies reports of spy operation targeting Nvidia CEOChina has formally denied allegations that a businesswoman conducted an intelligence-gathering operation against Nvidia’s CEO. The denial follows reports from The New York Times…
- The Indian Express reports Chinese intelligence agencies targeted Nvidia CEO Jensen HuangAccording to a report from The Indian Express, Chinese intelligence agencies targeted Nvidia CEO Jensen Huang. While the report indicates that Chinese operatives focused on the…
Economy
5 stories- India's services sector growth hits four-month high as input costs easeIndia's services sector activity expanded at the fastest rate in four months during October, according to S&P Global. The HSBC India Services Purchasing Managers' Index (PMI)…
- The Guardian reports: US-China economic tensions persist despite fragile trade truceA truce has cooled the trade conflict between the US and China, but neither country has taken action to limit potential new hostilities. While trade war headlines have subsided,…
- India's gross GST collections rise 23 percent to over ₹2.31 lakh croreIndia reported a 23 percent increase in gross Goods and Services Tax (GST) collections for October, reaching over ₹2.31 lakh crore. Domestic sales contributed over ₹1.59 lakh…
- ECB President Christine Lagarde to step down nine months early in February 2027European Central Bank President Christine Lagarde will leave her post on February 7, 2027, nine months before her term ends. Lagarde stated the early exit is intended to allow…
- ET Government reports: Supreme Court mandates bank compensation for digital fraud due diligence failuresThe Supreme Court has mandated that banks must compensate victims of digital fraud in cases where financial institutions fail to perform adequate due diligence. The ruling…
Business
7 stories- Tata Motors and Iveco launch global commercial vehicle joint entityTata Motors and Iveco have launched a global commercial vehicle joint entity. According to The Indian Express, the combined operation generates 21 billion euro in revenue.
- Brent crude falls on hope for resolution in Iran conflictBrent crude dropped more than 6.5% to $105.55 a barrel on Monday, the lowest level since October 16. The decline follows reports of potential diplomatic breakthroughs in the…
- Finance Minister Sitharaman calls for amicable resolution to Tata group differencesFinance Minister Nirmala Sitharaman urged Tata Sons and Tata Trusts to resolve internal differences privately, citing the conglomerate's systemic importance to the Indian…
- Reliance Industries reports 27.8% revenue growth and 33.8% profit rise for Q2Reliance Industries reported its second-quarter financial results, with The Indian Express noting a 27.8 percent increase in consolidated revenue and a 33.8 percent rise in net…
- The Indian Express reports: India forms committee to boost bank global competitivenessThe Indian government has established a high-level committee tasked with creating a roadmap to enhance the global competitiveness of domestic banks, according to a report by The…
- Noel Tata reportedly seeks Shapoorji Pallonji group exit and restructuring at Tata SonsNoel Tata has pushed for proposals to facilitate an exit and restructuring for the Shapoorji Pallonji group at Tata Sons, according to a report by The Indian Express on October…
- DoorDash agrees to acquire Instacart for $17bn in major consolidationDoorDash has reached an agreement to acquire Instacart for $17bn. Under the deal, the Instacart brand and app will be maintained, with existing shoppers continuing order…
Finance & Markets
6 stories- SEBI forms working group to review Innovators Growth Platform frameworkThe Securities and Exchange Board of India has formed a working group to review the existing regulatory framework for the Innovators Growth Platform, including the rules…
- Binance reports $6.3 billion heist involving malware and AI-driven social engineeringBinance disclosed a $6.3 billion theft from its hot wallets, an operation the exchange says began in June. According to the company, attackers used malware, a September…
- UPI records 25.47 billion transactions in October as daily value exceeds ₹1 lakh croreIndia's Unified Payments Interface processed 25.47 billion transactions in October, a 5.8% month-over-month increase. Total transaction value reached ₹31.53 lakh crore, up 7.4%…
- Binance reports covering 90% of losses following $6.3bn hack, BBC reportsBinance has reportedly covered 90% of losses stemming from a $6.3 billion hack, according to data from two analytics firms cited by the BBC.
- Binance reportedly freezes $3 billion following security breach and suspends withdrawalsBinance has reportedly frozen $3 billion and suspended platform withdrawals following a security breach, according to The Indian Express. The exchange has not yet provided full…
- Binance reports $6.3bn hack, reportedly linked to North Korean actorsCryptocurrency exchange Binance says it is managing a cyber-attack involving approximately $6.3bn in digital assets. Two analytics firms attributed the breach to a North Korean…
AI & Technology
5 stories- India's CERT-In reportedly secures access to Anthropic's Mythos AI modelIndia’s Computer Emergency Response Team (CERT-In) has secured access to Anthropic's Mythos AI model. According to The Indian Express, the agency gained access as part of ongoing…
- Supermarket refrigeration systems across Europe hit by cyberattacksDozens of supermarkets across up to 10 European countries, including Estonia, Sweden, Portugal, and Italy, have reported cyberattacks targeting their refrigeration and freezer…
- Binance reopens after record hack as users withdraw a net $3.6bnBinance customers withdrew a net $3.6bn of assets when the exchange reopened on Sunday after a hack that affected $6.3bn of digital assets, the BBC reports. Binance said…
- BBC reports data centre debt levels fuel concerns over potential AI bubbleData centres are holding tens of billions of pounds in debt, according to a BBC report. These significant financial obligations among previously obscure firms have prompted…
- Alphabet market value falls $500 billion as AI search impacts ad revenueAlphabet shares reached a six-month low after the company signaled that AI search summaries are impacting advertising revenue. The announcement prompted a market sell-off,…
Climate, Energy & ESG
4 stories- Indian Express reports: India approves Rs 17,500 crore for energy storage projectsThe Indian government has approved Rs 17,500 crore to support grid-scale energy storage. The funding is designated for viability gap support to incentivize the construction of…
- India approves ₹2,814 crore subsidy for lithium and nickel processing plantsThe Union Cabinet has approved a capital support scheme allocating ₹2,814 crore to incentivize domestic processing of critical minerals. The program offers a 30 per cent capital…
- India targets 500 GW of new non-fossil fuel capacity within 11 yearsPrime Minister Narendra Modi announced that India aims to add 500 gigawatts of non-fossil fuel capacity over the next 10 to 11 years, according to The Indian Express. The…
- Global nature summit reaches biodiversity agreement amid ongoing financing challengesParticipating nations have reached a global agreement intended to halt the decline of nature. However, according to BBC reports, significant uncertainty remains regarding the…
Policy & Regulation
4 stories- SEBI issues regulatory frameworks for depository receipts on InvIT and REIT unitsThe Securities and Exchange Board of India (SEBI) has released formal frameworks governing the issuance of depository receipts for units of Infrastructure Investment Trusts…
- ETGovernment reports: India forms high-level committee to review banking sector reformsThe Indian government has established a high-level committee with a six-month mandate to evaluate the national banking sector. The group will analyze capital requirements,…
- CBIC reportedly mandates immediate halt to GST arrests pending legal reformsThe Central Board of Indirect Taxes and Customs has reportedly directed an immediate stop to arrests under the Goods and Services Tax regime. According to an October 30, 2026,…
- The Guardian reports: FTC probes algorithmic pricing and loyalty programs at nine firmsThe Federal Trade Commission has ordered Delta, United, JetBlue, Lyft, Uber, DoorDash, Instacart, Walmart, and Target to disclose how they use algorithms and loyalty programs.…