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BusinessGold prices are set for their second consecutive weekly decline due to a stronger US dollar and rising Treasury yields. Investors await key US payroll data that may influence the Federal Reserve's policy decisions. Current forecasts indicate only a 25% chance of a rate hike this month, marking a shift from earlier expectations.
ET Markets·
PoliticsOn October 2, a protest against Chief Election Commissioner Gyanesh Kumar is planned at Jantar Mantar, New Delhi. In response, Delhi Metro has closed entry and exit at 11 stations including Janpath, Patel Chowk, and Central Secretariat until further notice. Around 5,000 police and paramilitary personnel have been deployed, with barricades set up to manage an expected crowd of 3,000 to 4,000 protesters. The protest is organized by the All India Students Association, MP Manoj Jha, and others.
Prabhat Khabar··New Delhi
WorldDelhi has revised the rules for opening new private schools. The Lieutenant Governor has approved the updated guidelines, which include that the administrator will decide the need and public interest for a new school. Additionally, an essentiality certificate for the institution's land is now mandatory under the new regulations.
News18 Hindi··Delhi
WorldA large crowd gathered outside Captain Smit Machchhar's Mumbai home to honor his bravery after he saved over 170 passengers by stopping his co-pilot's attempt to crash a Flydubai flight. Despite being stabbed during the mid-air attack, Machchhar maintained control. Supporters waved tri-colors, chanted slogans, and called for national honors like the Shaurya Chakra or Bharat Ratna for him.
News18··Mumbai
PoliticsOn October 2, 2026, student groups including AISA, SFI, and DYFI plan a protest at Delhi's Jantar Mantar demanding Chief Election Commissioner Gyanesh Kumar's resignation over Election Commission issues. Delhi Police imposed Section 163 and banned slogans, dharnas, and speeches. Despite no permission, around 1,500 protesters are expected to participate, highlighting concerns over electoral roll handling and the Special Intensive Revision exercise.
News18··Delhi
PoliticsThe Vasai Lawyers Association in Palghar district, Maharashtra, has expressed support for the Cockroach Janata Party (CJP). The association promised free legal assistance to CJP members if they face alleged repression or legal cases. Spokesperson Digambar Desai emphasized upholding democratic values and readiness to defend those facing oppression. This comes ahead of a CJP protest at Mumbai's Shivaji Park demanding the resignation of Chief Election Commissioner Gyanesh Kumar.
Amar Ujala··Vasai
ET Markets·
Gold prices are set for their second consecutive weekly decline due to a stronger US dollar and rising Treasury yields. Investors await key US payroll data that may influence the Federal Reserve's policy decisions. Current forecasts indicate only a 25% chance of a rate hike this month, marking a shift from earlier expectations.
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