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BusinessNomura forecasts an 11-12% earnings growth excluding oil and gas for the remaining nine months of FY27. However, sustained crude oil prices above $100 per barrel could lead to earnings cuts. The firm highlights resilience in earnings but notes that oil prices and geopolitical tensions may negatively impact valuations.
Business Standard·2h ago
PoliticsStarting October 1, 2026, millions of Americans receiving SNAP benefits will experience updated benefit amounts and changes to eligibility rules. The updates include new income thresholds, deductions, maximum monthly benefits, and asset rules. Additionally, separate Medicaid changes will affect some lawful immigrants, altering their access to benefits under the program.
Economic Times·55m ago
PoliticsUS Defense Secretary Pete Hegseth has ordered Pentagon personnel to use advanced intelligence, cyber, and AI tools to detect and disrupt foreign interference in upcoming US elections. The directive, issued on September 22, includes prioritizing Cyber Command efforts, enhancing intelligence collection on foreign threats, and operating within legal frameworks to protect US democratic systems from ongoing election interference risks.
Mint·49m ago
PoliticsThe State Bank of India addressed the Joint Parliamentary Committee on the Foreign Contribution (Regulation) Amendment Bill, highlighting issues in handling foreign donations when registrations lapse. SBI officials recommended clear banking procedures for affected organizations. The bill proposes shifting compliance duties to a government authority. Opposition parties criticized it for potentially harming minority groups and NGO foreign funding.
Economic Times·56m ago
BusinessDomestic equities face correction pressures due to volatile crude prices, US Treasury yields near two-decade highs, and ongoing foreign institutional investor outflows weakening the rupee. Additionally, a record pace of IPO fundraising is absorbing liquidity. Investor risk appetite remains low amid a hawkish global environment and rising chances of further rate hikes later this year. Six stock recommendations for Wednesday include Adani Ports and Rashi Peripherals.
ET Markets·57m ago
PoliticsDavid Snyder, 39, has been charged with first-degree murder and strangulation after the remains of Kimberly Gsell, missing since September 2019, were found near a creek in Cumberland County, Pennsylvania. Gsell was reported missing in Middlesex Township. Snyder confessed to the killing following the discovery on September 25. Forensic tests confirmed the identity using dental records and Rapid DNA technology.
HT World·53m ago·Middlesex Township
Business Standard·2h ago
Nomura forecasts an 11-12% earnings growth excluding oil and gas for the remaining nine months of FY27. However, sustained crude oil prices above $100 per barrel could lead to earnings cuts. The firm highlights resilience in earnings but notes that oil prices and geopolitical tensions may negatively impact valuations.
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