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BusinessOn Wednesday, inflation data caused mixed market reactions: the Nasdaq rose slightly, while the Dow and S&P 500 declined despite quarterly gains. Private employers added 90,000 jobs in September, influencing labor market reports. The S&P 500 reached new highs but also saw some lows. Inflation concerns continue to affect economic outlooks and Federal Reserve rate hike expectations.
ET Markets·3h ago
EntertainmentMajrooh Sultanpuri, born Asrar Hasan Khan on October 1, 1919, in Sultanpur, Uttar Pradesh, was a renowned lyricist whose songs remain popular. Initially reluctant to write for films, he was persuaded by famous poet Jigar Moradabadi. Majrooh started as a hakim after studying Unani medicine but was passionate about poetry. His career in Bollywood spanned over five decades, deeply connecting with themes of love, pain, friendship, and life.
News18Hi Entertainment·27m ago·Sultanpur
PoliticsThe BJP has started its three-month 'Vijaya Sankalpa Yatra' from Kurudumale Ganesha temple in Mulbagal, Kolar district, to energize its cadre ahead of local body polls. Led by state president B Y Vijayendra, the campaign will cover all 224 Karnataka Assembly constituencies, meeting party workers, students, and beneficiaries of central schemes. Leaders including R Ashoka and Basavaraj Bommai will participate.
Deccan Herald·54m ago·Mulbagal
WorldUS President Donald Trump said he spoke extensively with Israeli Prime Minister Benjamin Netanyahu about the Flydubai incident. Trump described the co-pilot as "perhaps a terrorist or a whack job" who stabbed the pilot during the Dubai-to-Tel Aviv flight. The injured pilot, Indian Captain Smit Machchhar, fought back and helped prevent a crash by opening the cockpit door, allowing passengers to intervene.
News18 World·50m ago
ScienceHeavy rains with thunder and lightning hit central and interior Karnataka, including Tumakuru and Davangere districts. Areas like Madhugiri, Koratagere, and Tiptur received significant rainfall, with Kibbanahalli recording 100 mm in 24 hours. The rain replenished streams and rivers, benefiting drought-affected kharif crops but also caused flooding in low-lying areas of Davangere. The IMD issued a yellow alert, and KSNDMC forecasted moderate rain for Bengaluru.
Deccan Herald·45m ago·Karnataka
BusinessThe global private credit sector faces renewed turmoil as Australian money managers are blocked from withdrawing their investments. This development adds to widespread concerns about 'gating,' a practice that restricts investor withdrawals and has unsettled markets earlier this year. The situation highlights ongoing liquidity challenges within private credit markets worldwide.
Mint Markets·41m ago
ET Markets·3h ago
On Wednesday, inflation data caused mixed market reactions: the Nasdaq rose slightly, while the Dow and S&P 500 declined despite quarterly gains. Private employers added 90,000 jobs in September, influencing labor market reports. The S&P 500 reached new highs but also saw some lows. Inflation concerns continue to affect economic outlooks and Federal Reserve rate hike expectations.
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