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Business

IMF Advises India to Use Exchange Rate as Shock Absorber Amid Fed Hike

The International Monetary Fund (IMF) stated that the US Federal Reserve's recent interest rate hike will tighten global financial conditions, affecting emerging markets like India. The IMF suggested India allow its exchange rate to act as a shock absorber. Despite potential pressures, India is resilient due to strong growth, credible inflation targeting, ample external buffers, and healthy financial sector balance sheets.

Deccan Herald·

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World

Four School Children Found Dead in Tirunirmalai Lake Near Chennai

Four school children who went missing from their homes in Chennai on Saturday were found dead in Tirunirmalai Lake on Sunday. The victims included two boys and two girls from Krishna Street, Lakshmipuram, Chromepet. Identified as K. Devdarshan (12), D. Yuvnesh (10), and girls Pooja and Khushi (both 13), they were last seen playing near their homes before disappearing.

Amar Ujala··Chennai

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Sports

Injury Delays India Star Duo Ahead of New Zealand Tour

India's white-ball cricket tour of New Zealand, including five T20Is and five ODIs, starts on October 22 and continues until November 15. The Test series will follow, beginning with the first match in Wellington from November 19 to 23. However, a fresh injury setback has delayed the return of two key Indian players ahead of the tour.

NDTV Cricket··Wellington

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Sports

Diego Forlan on Uruguay's Football Future and 2030 World Cup

Diego Forlan, Uruguay's head coach since replacing Marcelo Bielsa, has a contract until March 2027. Despite Uruguay's recent World Cup exit and current 20th world ranking, Forlan sees coaching as a great opportunity. He also leads the under-20 team for upcoming South American qualifiers. Forlan looks forward to the 2030 World Cup, where Uruguay will host a match to mark 100 years since the first tournament.

HT Sports·

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Politics

Trump Uses Profanity Against Democrats at Ohio Rally

At a rally in Ohio, US President Donald Trump used profane language targeting Democrats, urging voters to support Republicans in the midterm elections. He said, "we’re going to shove it up their ass" if Republicans win. The rally supported candidates Jon Husted and Vivek Ramaswamy, who face tough races. Ohio is a key battleground in the November 3 midterms.

News18 World··Ohio

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Business

Gold and Silver Prices to Fluctuate Amid US-Iran Tensions and RBI Policy

Gold and silver prices are expected to fluctuate this week due to factors such as the strength of the US dollar, rising bond yields, and ongoing US-Iran tensions. Market participants are also watching the Reserve Bank of India's upcoming interest rate decision and key economic data that may influence price movements.

TOI Business·

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