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BusinessPhoto: Mint MarketsThe Singapore dollar is becoming more favored as a funding currency for carry trades due to its low borrowing costs and reduced expectations of appreciation. Strategists note that these factors make the Singapore dollar increasingly attractive compared to the Japanese yen for investors engaging in carry trades.
Mint Markets·
PoliticsPhoto: Deccan HeraldThe US ordered non-essential embassy staff and their families to leave Saudi Arabia due to ongoing attacks by Yemen's Houthi rebels, including strikes on Riyadh's airport. The State Department cited increased hostilities supported by Iran, targeting civilian airports and infrastructure, causing casualties and travel disruptions. The US is also preparing to recall personnel from embassies across the Gulf region for safety.
Deccan Herald··Riyadh
SciencePhoto: HT WorldResearchers studying Blood Falls in Antarctica’s Taylor Glacier discovered RNA evidence of a marine microbial community living in the brine beneath the glacier. This community appears to have survived long after being isolated from the ocean. The red, iron-rich brine flows into Lake Bonney and likely originated from ancient seawater trapped during warmer periods before the glacier advanced, according to a 2026 Nature Geoscience study.
HT World·
BusinessPhoto: Mint MarketsOn October 22, 2026, a total of 56 companies including Swiggy, Adani Energy Solutions, Hindustan Petroleum Corporation Limited, Adani Total Gas, and Colgate Palmolive (India) are scheduled to announce their quarterly earnings for Q2 2026. Investors and market watchers will closely follow these results to gauge company performance and sector trends.
Mint Markets·
BusinessPhoto: Hindustan TimesUS Secretary of State Marco Rubio concluded a two-day visit to India, focusing on energy and trade. He bypassed New Delhi to visit Mumbai and Reliance Industries' refinery in Jamnagar. Rubio paid tribute to 26/11 victims, met External Affairs Minister S Jaishankar, and held talks with business leaders including Tata's N Chandrasekaran and Adani's Gautam Adani. The visit highlighted US-India cooperation on Venezuelan crude and energy projects.
Hindustan Times··Mumbai
PoliticsPhoto: The HinduThe Supreme Court of India has extended the freeze period from 7 to 10 days in the CMRL-Exalogic case, as per its updated published order. The investigation into FIRs against former Kerala Chief Minister Pinarayi Vijayan, his daughter T. Veena, and son-in-law P.A. Mohamed Riyas will continue during this period. The original oral pronouncement was made on October 21.
The Hindu··New Delhi
Mint Markets·
Photo: Mint MarketsThe Singapore dollar is becoming more favored as a funding currency for carry trades due to its low borrowing costs and reduced expectations of appreciation. Strategists note that these factors make the Singapore dollar increasingly attractive compared to the Japanese yen for investors engaging in carry trades.
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