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BusinessPhoto: Mint Markets

Amundi CIO Says FPI Return to India Is Inevitable

Vincent Mortier, group CIO of Amundi, Europe's largest portfolio manager, stated that the return of foreign portfolio investors (FPI) to India is a matter of when, not if. He noted that rising long-term US interest rates, driven by public borrowing and AI spending, may limit further Fed rate hikes, affecting housing and rent markets. Amundi manages €2.6 trillion and invests in India's SBI Funds Management.

Mint Markets·

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PoliticsPhoto: News18 Movies

Ranvir Shorey Criticizes CJP Protests as 'Murder of Democracy'

Actor Ranvir Shorey criticized the Cockroach Janta Party's (CJP) street protests demanding Chief Election Commissioner Gyanesh Kumar's resignation. Shorey urged the group to fight in Parliament and courts instead of hijacking public infrastructure, calling such protests the 'actual murder of democracy.' The CJP protests in Delhi oppose the Election Commission's Special Intensive Revision of electoral rolls, alleging voter disenfranchisement, which the EC and BJP deny.

News18 Movies··Delhi

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SportsPhoto: HT Sports

Indian Prodigy Atiqa Mir Joins Kart Republic Racing Team

Indian racing prodigy Atiqa Mir, aged 11, has joined Kart Republic, a team owned by Italian veteran Dino Chiesa, known for launching multiple Formula 1 champions including Lewis Hamilton. Mir switched mid-season after impressing in European karting series. Kart Republic has supported drivers like Lando Norris and George Russell. Atiqa will compete in the OKJ category, aiming to develop her skills over the next two years.

HT Sports·

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WorldPhoto: Deccan Herald

North Korea Fires Unidentified Projectile into East Sea, Seoul Reports

North Korea fired an unidentified projectile toward the sea off its east coast, according to South Korea's military. Japan's coast guard believes it was a North Korean ballistic missile that has already fallen. South Korea condemned the launch as a violation of UN Security Council resolutions and held an emergency National Security Council meeting. The launch follows South Korea's recent hypersonic missile test.

Deccan Herald·

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BusinessPhoto: Aaj Tak

Sensex-Nifty Soars Then Suddenly Crashes on Monday Opening

On Monday, the stock market opened strongly with the Sensex jumping over 400 points and Nifty also gaining momentum. Reliance and Tata Group's Trent shares started impressively. Sensex opened at 72,771, rose to 73,884, but then sharply fell to 72,379 within minutes. Similarly, Nifty opened at 22,593, rose to 22,651, and then quickly declined, mirroring Sensex's sudden drop.

Aaj Tak·

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PoliticsPhoto: HT World

Indian Embassy Advises Nationals to Avoid Sharing Videos After Riyadh Airport Attack

The Indian Embassy in Saudi Arabia has urged Indian nationals to stay alert, remain indoors, and follow local authorities' instructions after Houthi rebels attacked Riyadh's international airport. The advisory, first issued on October 8 and reiterated on October 11 after fresh strikes killed an Indian, also warns against circulating videos or news related to the attacks. Embassy and consulate services continue to operate normally, with a 24x7 helpline available for assistance.

HT World··Riyadh

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