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PoliticsPhoto: The Hindu

Kerala Police Launch Intelligence Operations Against Spas

Kerala State Police Chief Ravada A. Chandrasekhar announced intelligence-based operations against spas suspected of illegal activities following the Kovalam spa case. The police have invoked anti-human trafficking laws and are investigating the alleged sexual assault of a 16-year-old girl from Andhra Pradesh at a Kovalam spa. All district police chiefs have been directed to intensify such operations.

The Hindu··Thiruvananthapuram

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SportsPhoto: The Hindu

Vijay Congratulates Kasthuri Rajamani for Asian Para Games Silver

Tamil Nadu Chief Minister C. Joseph Vijay congratulated Kasthuri Rajamani for winning the silver medal in the women's 67 kg powerlifting event at the 5th Asian Para Games in Japan. He announced a ₹50 lakh incentive from the Tamil Nadu government for her achievement. Vijay also praised the Indian men's badminton doubles team, including Tamil Nadu player Sivarajan Solaimalai, awarding them a ₹50 lakh incentive.

The Hindu··Chennai

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BusinessPhoto: Mint Markets

US Treasury Yields Dip Amid AI Risk, Recover After 20-Year Bond Auction

US Treasury yields fell for the second consecutive day as investors assessed the impact of rising interest rates on AI-related stocks driving economic growth. The 20-year bond auction was viewed as mixed by analysts. Markets currently price a 14.9% chance of a 25-basis-point Fed rate hike. Stocks, including Nasdaq and SpaceX shares, rose, easing some AI sector concerns.

Mint Markets··New York

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PoliticsPhoto: HT World

US Sanctions Greece-Panama Law Firm for Supporting Iranian Shipping

The US Treasury Department sanctioned Karnakis & Karnakis, a law firm based in Greece and Panama, for providing legal assistance to Iranian shipping networks over several years. The US Financial Crimes Enforcement Network also issued subpoenas and information requests to multiple European banks over potential ties to Iran. Treasury Secretary Scott Bessent emphasized that the US will sanction anyone supporting the Iranian regime.

HT World·

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BusinessPhoto: Mint Companies

Ex-Brevan Howard Trader Sued by Former Colleague Over Profits

Robert Sicari, former portfolio manager at Brevan Howard Asset Management, is sued by Wooyoung Hong, a former quantitative researcher who joined Sicari's new fund, ThirtyPark Capital. Hong alleges Sicari withheld up to $3.5 million in promised trading profits from November 2024 to December 2025 and reneged on a 30% equity stake agreement. Sicari confirmed ThirtyPark is no longer operating and declined further comment.

Mint Companies··New York

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PoliticsPhoto: The Hindu

Modi and Tusk to Discuss Trade, Defence, Russia-Ukraine Conflict on Oct 22

On October 22, 2026, Polish Prime Minister Donald Tusk will meet Indian Prime Minister Narendra Modi to discuss key issues including trade, defence cooperation, and the Russia-Ukraine conflict. Both leaders aim to strengthen bilateral ties, finalize a confidentiality agreement on defence technology related to Russia, and work towards doubling the current $6 billion trade volume between India and Poland, supported by the India-EU Free Trade Agreement.

The Hindu··New Delhi

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