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Business

Rising Treasury Yield Bets Increase Repo Borrowing Costs

US funding markets face potential disruptions as traders bet on rising Treasury yields by shorting Treasury securities through repurchase agreements. Demand to borrow specific Treasury notes, like the current 10-year note, has driven down overnight loan rates to as low as 2.70%, below general collateral rates. This is notable since the 10-year note is due for a second reopening next week, with supply near $92 billion, including Federal Reserve holdings.

Mint Markets·

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World

Krantivira Sangolli Rayanna Bengaluru Railway Station: Bengaluru's Transport Hub

Krantivira Sangolli Rayanna Bengaluru railway station, formerly known as Bangalore City station or Majestic, has been a key part of Bengaluru's transport for nearly six decades. Opened in 1968 to meet growing railway traffic, it now has 10 platforms handling over 180 trains daily. The station serves more than 4,500 daily visitors, connecting trains, BMTC buses, and the Metro at the city's central transport hub.

Deccan Herald··Bengaluru

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Business

SEBI Approves 145 Companies for IPOs Worth ₹2.75 Lakh Crore Pipeline

In the second half of the year, 145 companies have received SEBI approval for their IPOs, creating a pipeline worth ₹2.75 lakh crore. This indicates a potentially bumper earnings period from IPOs in the upcoming months as these companies prepare to enter the market.

Amar Business·

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Entertainment

'Bali in Bengaluru' Festival Bridges Indian and Balinese Epics

The 'Bali in Bengaluru' festival is a 16-day cultural event featuring 16 performances across 14 venues, showcasing the shared roots of Balinese and Indian traditions through the Ramayana and Mahabharata. Led by Padma Shri awardee I Wayan Dibia, it includes 25 Balinese and Indian artists such as puppeteer Anupama Hoskere and Yakshagana teacher K Krishnamoorthy Thunga. Events include Balinese folk arts, shadow puppetry, workshops, and lectures starting October 3 in Bengaluru.

Deccan Herald··Bengaluru

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Health

Government to Set New Standards for Affordable Cancer Treatment

Following Supreme Court remarks and parliamentary committee reviews on expensive cancer treatments and life-saving drug prices, the Indian government is preparing a comprehensive roadmap. This will standardize cancer diagnosis, therapy, and drug use to avoid unnecessary costly tests and ensure effective treatment protocols. The plan includes updating protocols for all cancer stages, promoting evidence-based care, and expanding primary screening centers to rural areas for affordable, transparent treatment.

Amar Ujala·

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Sports

Top 5 Indian Bowlers Conceding Most Runs in One-Day Internationals

In a recent India vs West Indies ODI match, a total of 811 runs were scored, highlighting the poor bowling performance, especially by Indian bowlers. This report lists five Indian bowlers who hold records for conceding the most runs in a single ODI spell, including two who even conceded over 100 runs, marking a shameful milestone.

News18Hi Sports·

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