OCTOBER REVOLUTION
The new great game over rare earths
China's export curbs on vital Rare Earth Elements are escalating global trade tensions. This highlights the world's deep dependence on China for these critical minerals. India faces significant economic and strategic implications. Swift policy responses are needed to boost domestic production and secure supply chains. India must act decisively to avoid strategic dependence.
Asleep at the Wheel: The safety crisis in India’s sleeper buses
India's booming sleeper bus sector faces a critical safety crisis, with a surge in fire accidents exposing widespread non-compliance and illegal modifications. Despite growing demand and government efforts to tighten regulations, unorganised body builders continue to flout safety standards, jeopardizing passenger lives and the industry's reputation.
Sanae Takaichi fever hits Japan: PM’s favorite bag sells out in hours - here's the brand she uses
Japan's first female prime minister, Sanae Takaichi, has caused a local luxury bag to go viral. The $895 "Grace Delight Tote" from 145-year-old maker Hamano Inc. is now experiencing an overwhelming number of orders, with shipments delayed until late April. This choice highlights a growing trend of female politicians boosting lesser-known brands through their fashion.
Trump’s college czar has a ‘secret weapon’ to transform campuses
A top US Education Department official is set to dramatically overhaul college accreditation. Nicholas Kent plans to pressure independent agencies to enforce new standards. This move could reshape how universities operate and access federal funding. The administration aims to influence campus policies through this critical system. Established accreditors face significant changes as new ones emerge.
Job bloodbath! Mass layoffs hit America as 172,000 jobs vanish — is this shocking wave of Amazon and Meta cuts the first sign of a U.S. recession?
Job bloodbath hits America. Over 172,000 layoffs in October 2025. Biggest cut since the pandemic. Amazon slashed 14,000 jobs. Meta dropped 8,000 workers. Tech and finance lead the fall. Unemployment rose to 4.2%. Private hiring slowed to 151,000 jobs. Experts call it a warning sign. The U.S. economy may be cooling fast. Some fear this could spark a U.S. recession. Companies are cutting costs. Automation is replacing roles. Consumer spending is slipping. The American job market is showing cracks.
Louvre heist arrests in Paris: Suspects taken to custody as one of them try to fly out of France. Details here
Four hooded thieves made off with eight precious pieces worth an estimated $102 million from the Louvre's collection on October 19, exposing security lapses at the world's most-visited museum.
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NPS 2.0: India’s most underrated wealth engine just got turbocharged
The National Pension System (NPS) is undergoing a silent revolution. With the Multiple Scheme Framework now allowing 100% equity allocation, lower fees, and proposed exit flexibility, investors have unprecedented control over retirement planning. Over 9 crore Indians are already part of the system, which offers tax benefits, low costs, and long-term wealth-building potential—making NPS a powerful alternative to traditional retirement products.
How a Kozhikode school became a model for Kashmir’s education revival
A state school in Srinagar is on its way to replicate the extraordinary transformation of a govt girls’ school in Nadakkavu, Kozhikode. Hope blazes in Kashmiri students, like chinar leaves.
China's rare golden monkeys debut at European zoos, possible successor to 'panda diplomacy'
China's rare golden snub-nosed monkeys are now in European zoos. This follows a decade-long loan agreement. These animals are unique to China's mountains. The move aims to foster scientific and conservation partnerships. Similar to panda exchanges, this initiative seeks to build international cooperation. Concerns about individual animal welfare are also noted. The monkeys are adapting to new environments outside Asia.
Louvre Museum thieves took away jewels worth ₹896 crore but left this Rs 526-crore diamond mined in Golconda
A daring Louvre Museum robbery saw thieves steal valuable Napoleonic jewellery. However, they bypassed the famous Regent Diamond. This 140.6-carat gem, valued at $60 million, with Indian origins. Investigators found the diamond untouched. Speculation suggests thieves left behind for a shocking reason.
In Sudan's war, grassroots network steps in where authorities fail
Sudanese volunteers, known as Emergency Response Rooms (ERR), risk death and arrest daily to aid a starving population amidst a brutal war. This vital network distributes food, rebuilds homes, and organizes evacuations, earning them recognition and making them contenders for the Nobel Peace Prize.
NFO Alert: Zerodha Mutual Fund launches Zerodha BSE SENSEX Index Fund
Zerodha Fund House has launched a new investment opportunity, the Zerodha BSE SENSEX Index Fund. This fund will mirror the performance of India's top 30 companies listed on the BSE Sensex. The New Fund Offer is currently open for investors. This provides a straightforward way to invest in leading Indian businesses and build a diversified portfolio.
'No Kings' protest to hit US cities on October 18: Nationwide anti-Trump rallies planned across 2500 locations. What you need to know
Millions are expected to participate in the second "No Kings" protest on October 18, with over 2,500 events planned nationwide and internationally. This demonstration aims to celebrate free speech and push back against the Trump administration's policies, including increased immigration enforcement and the deployment of federal troops in cities. The first 'No Kings' protest was organised in June.
Pakistan’s Kabul strikes fail: Noor Wali Mehsud, Asim Munir's top target in Afghanistan, is still alive
Tehreek-e-Taliban Pakistan chief Noor Wali Mehsud appeared in a video denying reports of his death following a suspected Pakistani airstrike. This development escalates tensions between Pakistan and Afghanistan, with Islamabad accusing Kabul of harboring militants and Kabul denying the claims. Pakistan recently conducted its own airstrike in Kandahar, further intensifying the confrontation.
New stimulus checks unveiled: $1,000 for every newborn could total $93,000 by adulthood. How to claim the amount?
President Trump's 'Big Beautiful Bill' launched 'Trump Accounts,' a $1,000 government deposit for newborns (2025-2028) to boost savings and birth rates. These hybrid accounts, like 529s and Roth IRAs, allow tax-free growth for education, home buying, or retirement. Families can contribute up to $5,000 annually, with potential for significant long-term accumulation.
China to keep its 'all about production' economic playbook as rivalry with US intensifies
China's Communist Party convenes to outline a five-year plan prioritizing high-tech manufacturing amid intensifying U.S. rivalry. While pledging to boost household consumption, analysts anticipate limited actual support due to the need to maintain state resources for industrial development, creating a policy dilemma.
This business tycoon exits UK for UAE and reason is not just taxation
Nik Storonsky, co-founder of digital banking app Revolut, has moved his residency from the UK to the United Arab Emirates. This move follows changes in UK tax regulations. Storonsky is one of the UK's wealthiest individuals. Revolut has received in-principle approval for licenses in the UAE, indicating a strategic shift.
U.S. stock market futures soar after $2 trillion market wipeout last week as Trump softens China stance — Dow, S&P 500, Nasdaq surge; Tech giants AMD and Nvidia lead premarket recovery
U.S. stock market futures soared Monday, rebounding after a $2 trillion wipeout last week. President Donald Trump’s softer tone on China trade tensions boosted investor sentiment. Dow futures jumped over 400 points, while S&P 500 and Nasdaq futures climbed sharply. Tech giants AMD and Nvidia led the premarket rally as traders bet U.S.–China relations may improve and the market’s recovery could strengthen ahead.
Nobel Prize in Economics 2025 awarded to Joel Mokyr, Philippe Aghion and Peter Howitt
The were honoured, according to a Nobel committee statement, “for having explained innovation-driven economic growth” with one half to Mokyr “for having identified the prerequisites for sustained growth through technological progress” and the other half jointly to Aghion and Howitt “for the theory of sustained growth through creative destruction.”
Tata's trust for 3rd time: Why Chandrasekaran is a hot favourite
Tata Trusts has likely approved a third term for N Chandrasekaran as Tata Sons chairman, a departure from retirement policy. This move signals confidence in his leadership amid ambitious projects like semiconductors and Air India's revival. Chandrasekaran's tenure has seen significant revenue and profit growth, positioning the conglomerate for future challenges and opportunities.
Inside India’s scariest scam — and how to stop it
A new wave of digital-arrest scams is targeting wealthy Indians, conning them out of millions. Scammers impersonate officials, creating fear and forcing victims to transfer funds. Recovery is difficult, leaving many devastated. This alarming trend highlights data privacy issues and the need for stronger banking security and victim protection measures across India.
Two Fireball Meteor Showers to light up the sky Monday: Date, Peak time, and How to watch
Skywatchers are in for a dazzling display as two “fireball” meteor showers, the Southern and Northern Taurids, start streaking across the night sky beginning Monday.
Money20/20 USA 2025 Agenda: Where Innovation Meets Action in Finance
Money20/20 USA returns to Las Vegas, uniting banking, AI, payments, and policymaking leaders to "Create the Future." The event will explore digital assets, AI's impact, and the blurring lines between traditional and digital finance. Keynotes from U.S. Bank and BNY, alongside discussions on AI, humanitarian finance, and stablecoins, will shape the industry's next quarter.
Flipkart's exits; Dassault's India expansion
Happy Friday! Flipkart has divested stakes in multiple startups and companies to sharpen its focus on its main business. This and more in today's ETtech Morning Dispatch.
TCS's muted Q2 results; chipmaker Graphcore's India bet
TCS kicked off earnings season on Thursday with a muted second quarter showing. This and more in today's ETtech Top 5.
'Best time to invest and innovate in India': Modi inaugurates India Mobile Congress 2025, showcases nation’s 5G revolution
Prime Minister Narendra Modi inaugurated the 9th India Mobile Congress 2025 in Delhi, Asia's largest telecom, media, and technology event. Themed 'Innovate to Transform,' the four-day summit gathers global leaders and experts to showcase advancements in 6G, quantum communications, and AI, fostering international partnerships and strengthening India's digital leadership.
India Mobile Congress opens: Jyotiraditya Scindia lays out India's telecom road map beyond 5G
India is aiming for a significant share of 6G patents. The satellite communications market is projected to triple by 2033. Communications Minister Jyotiraditya Scindia highlighted India's shift to a technology leader. The nation is becoming a product hub, with initiatives like the PLI scheme driving new production and jobs. India is set to become a major digitally skilled workforce.
AMD stock soars 27% in pre-market today: Why AMD shares are exploding after OpenAI’s massive AI chip deal — is Nvidia’s dominance at risk?
AMD stock is soaring today. Shares jumped 27% in pre-market trading. The surge comes after OpenAI announced a $10 billion AI chip deal with AMD. Investors are watching closely. Analysts say this partnership could challenge Nvidia’s dominance in the AI chip market. Market excitement is at an all-time high.
U.S. stock market futures today surge as AI optimism drives Dow, S&P 500, Nasdaq higher – Tesla, Nvidia, AMD lead rally
U.S. stock futures rose Friday morning after Wall Street recorded record highs on Thursday. Tech and AI stocks drove the gains, helping investors look past concerns about the government shutdown. The three major U.S. indexes reached record closing levels on Thursday. Gains in Nvidia pushed the tech-heavy Nasdaq to new highs. Despite the government shutdown entering its third day, investors are focusing on strong earnings and AI optimism to guide trading.
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