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BusinessJapan's two-year government bond yield approached 2%, reaching its highest level since 1995. This rise is driven by persistent inflation, a weakening yen, and growing expectations of further rate hikes by the Bank of Japan, which have pushed short-term borrowing costs higher.
ET Markets·2h ago
PoliticsExternal Affairs Minister S Jaishankar stated in New York that global respect for rules has declined, leading to the emergence of choke points like the Strait of Hormuz and financial sanctions. He noted that countries increasingly use their leverage in a competitive environment, challenging previous assumptions and creating geographical, financial, and travel choke points over the past 4-5 years.
Hindustan Times·1h ago·New York
PoliticsArmed militants from the banned Baloch Liberation Army (BLA) have set up unauthorized checkpoints and blockades on the Quetta-Karachi National Highway in Balochistan's Surab region. This has caused a complete traffic halt for several hours, with militants freely stopping vehicles and checking IDs. The incident exposes a serious security lapse and challenges the authority of Pakistani forces in the province.
News18 World·36m ago·Surab
Congress leader KC Venugopal criticized Prime Minister Narendra Modi over the SIR controversy, stating that Modi lacks the moral right to remain in office. The Congress party announced plans for nationwide peaceful protests against the Election Commission of India (ECI) row. The dispute has sparked significant political debate and opposition actions across the country.
Amar Ujala·13h ago
BusinessThe wage ceiling for mandatory Employees' Pension Scheme (EPS) membership has increased from Rs 15,000 to Rs 25,000. Employees earning up to Rs 25,000 basic pay who were previously only contributing to the Employees' Provident Fund (EPF) will now have part of their employer's contribution diverted to EPS. This change affects those who joined EPF after September 2014 and were not EPS members. From October 2026, contributions will adjust accordingly.
Economic Times·1h ago
BusinessSmartphone prices have risen sharply this year, prompting retailers to balance thinner profit margins, cautious inventory management, and consumer demand for deep festive discounts. Despite higher costs, retailers plan to keep attractive deals alive during the festive season by carefully managing stock and pricing strategies to meet customer expectations.
Business Standard·49m ago
ET Markets·2h ago
Japan's two-year government bond yield approached 2%, reaching its highest level since 1995. This rise is driven by persistent inflation, a weakening yen, and growing expectations of further rate hikes by the Bank of Japan, which have pushed short-term borrowing costs higher.
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