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BusinessPhoto: Mint Markets

Nasdaq Falls Sharply on Hotter Inflation Data and Rate-Hike Fears

The Nasdaq closed sharply lower after US inflation rose more than expected in September, raising concerns about further Federal Reserve interest rate hikes. Shares of AI-related companies like Oracle, CoreWeave, and Nebius dropped significantly. The Philadelphia Semiconductor index declined for the sixth consecutive session. Rising gasoline prices and broader inflation pressures contributed to the market downturn, with traders now pricing a 37% chance of a rate hike this month.

Mint Markets·

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PoliticsPhoto: Deccan Herald

Nine More Taluks Declared Drought-Hit in Karnataka, Total 226

Karnataka added nine more taluks to its drought-affected list, raising the total to 226 out of 240 taluks. Newly affected areas include Sakleshpur, Khanapur, Hosanagara, Sagara, Puttur, Moodbidri, Mulki, Joida, and Dandeli. Deputy CM G Parameshwara said the government is preparing a final memorandum on drought losses, expected within a week, to calculate relief under NDRF guidelines.

Deccan Herald··Karnataka

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PoliticsPhoto: HT World

Investigator Questions Tommaso Cioni's Removal from Trump Rally Amid Nancy Guthrie Search

A self-styled investigator, Jonathan Lee Riches, questioned whether Tommaso Cioni, Nancy Guthrie's son-in-law, was removed from a Donald Trump rally. This arose amid the ongoing search for 84-year-old Nancy Guthrie, missing since February 1. Riches also claimed the Guthrie family was panicking, though these claims lack independent verification and official family response. Cioni has faced public scrutiny as one of the last to see Nancy before her disappearance.

HT World·

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WorldPhoto: NDTV Business

Air France Adopts Israeli Crew Restrictions After Flydubai Incident

Air France has confirmed compliance with new Israeli rules restricting flight crew members of certain nationalities, mainly from 31 countries including Pakistan, Iran, Oman, Saudi Arabia, Algeria, Tunisia, and Niger, from operating flights to Israel. This follows an alleged hijacking attempt on a Flydubai flight from Dubai to Tel Aviv on September 30, involving an Omani co-pilot. Air France stated it follows entry regulations set by countries it serves.

NDTV Business·

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PoliticsPhoto: Deccan Herald

Small Crowd Surrounded by Police at Bengaluru SIR Protest

Around 100 police officers surrounded a small group of protesters at Bengaluru's Freedom Park during a demonstration against police excesses and the SIR project. Protesters, including student Janani, criticized the heavy police presence and filming, calling it dystopian. The protest was organized by AISA and Cockroach Janata Party, with police stating safety protocols were followed. The event also saw many police and empty BMTC buses nearby.

Deccan Herald··Bengaluru

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PoliticsPhoto: Aaj Tak

Shraddha Dubey Claims Shiva Sharma Committed Suicide, Not Murder

Shraddha Dubey, wanted with a 25,000 rupee reward in the death case of businessman Shiva Sharma in Lucknow, released a video claiming that Shiva Sharma committed suicide rather than being murdered. She expressed her willingness to give a statement to the police regarding the matter.

Aaj Tak··Lucknow

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