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BusinessKalshi has launched a new perpetual futures contract linked to its US 500 stock index. This contract allows traders to hold positions indefinitely without rolling over, providing continuous stock market exposure. The CEO highlighted the ability to take long or short positions, marking a significant step in Kalshi's growth as a financial exchange.
ET Markets·
WorldDuring a flight crisis, Flydubai co-pilot attacked Captain Smit Machchhar with an axe, causing a depressed skull fracture. The captain underwent emergency surgery and is under close medical supervision in the UAE. The Indian embassy is supporting Captain Machchhar and his family through this difficult period.
Times of India·
PoliticsPunjab Chief Minister Bhagwant Mann's government has approached the Supreme Court seeking urgent hearing to challenge a High Court order mandating a CBI investigation into corruption allegations. The High Court expressed concerns over alleged coercive actions by the CBI in Punjab. The state government argues that the investigation orders violate constitutional governance principles.
Times of India·
BusinessParamount completed its $81 billion acquisition of Warner Bros. Discovery, forming a new media giant named Skydance. The merger combines iconic franchises like Bugs Bunny and SpongeBob with news brands such as Anderson Cooper and Gayle King. Skydance plans to unify streaming services, including HBO Max and Paramount+, into a single platform, though details on pricing and branding remain unclear. CEO David Ellison emphasized maintaining HBO's distinct brand identity.
Mint Companies·
PoliticsA passenger bus operating under Madhya Pradesh's recently launched Mukhyamantri Sugam Parivahan Seva caught fire near Ramwas, about 15 km from Ujjain, on October 6, 2026. Around 40 passengers evacuated safely with no injuries. The private operator bus was part of the government’s public-private partnership service launched on September 25, flagged off by CM Mohan Yadav and Union Minister Nitin Gadkari.
The Hindu··Ujjain
PoliticsThe Fertiliser Distribution Regulatory Task Force in Rajasthan has directed timely and full distribution of fertilisers allocated by the Centre for the upcoming rabi crop season. Farmers will receive uninterrupted supply based on demand. To prevent hoarding, black marketing, forced tagging, and illegal storage, 744 fertiliser inspectors have been deployed. Chief Secretary V. Srinivas assured no shortage of DAP and urea during the critical sowing period.
The Hindu··Jaipur
ET Markets·
Kalshi has launched a new perpetual futures contract linked to its US 500 stock index. This contract allows traders to hold positions indefinitely without rolling over, providing continuous stock market exposure. The CEO highlighted the ability to take long or short positions, marking a significant step in Kalshi's growth as a financial exchange.
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