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Business

US September Jobs Report Weakens Fed Rate Hike Expectations

The US added only 29,000 jobs in September, far below the expected 90,000, with unemployment rising to 4.2%. This weaker labor market suggests cooling momentum, reducing pressure on the Federal Reserve to raise interest rates at its October meeting. Economists describe the market as 'low hire, low fire,' indicating slower hiring but stable employment levels. The S&P 500 rose after the report but ended the week flat.

HT World·

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Politics

Congress Announces Major Campaign Against SIR Process, Mega Rally on Nov 1

Congress has announced a major campaign against the central government and Election Commission over the SIR process. Leader Jairam Ramesh stated the party will run a special month-long campaign from October 25 to November 25 to restore names removed from voter lists. A mega rally will be held at Ramleela Maidan on November 1, with opposition parties invited. Delhi Chalo marches will start on November 25-26 from six locations.

Amar Ujala··Delhi

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Health

Surgeon Explains Causes of Joint Pain in 30s and Prevention Tips

Dr. Gururaj S Puranik, senior trauma and orthopaedics surgeon at HOSMAT Hospital, explains that joint pain in people in their 30s is rising due to weak muscles that fail to support joints. Prolonged sitting and lack of resistance exercise reduce muscle mass, increasing stress on knees, hips, and spine, causing early pain. Maintaining muscle strength through regular physical activity is crucial to prevent joint issues.

HT Health·

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Business

GST Council May Consolidate Officer Committees, End Fitment Panel

The GST Council is considering rationalising its supporting officer committees by merging them into three bodies. This move comes as the nine-year-old Goods and Services Tax regime has stabilised. Sources indicate the Fitment Committee may be wound up as part of this consolidation to streamline the GST Council's structure and improve efficiency.

Business Standard·

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Business

Cognizant Targets Mid-Sized Firms Amid AI Pressure on Big Deals

Cognizant Technology Solutions Corp. is launching a dedicated business unit to focus on mid-sized companies. This strategic move comes as artificial intelligence (AI) disrupts the traditional large outsourcing contracts that have historically driven growth for major tech services firms worldwide.

Mint Companies·

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Business

Wipro to Announce Q2 and H1 FY27 Results on October 15

Wipro, India's fourth-largest IT services company, will announce its audited standalone and consolidated financial results for Q2 and H1 FY27 on October 15 after market hours. The board will meet to approve these results. The company expects IT services revenue between $2.574 billion and $2.627 billion for Q2, with slight sequential growth. Trading window for insiders is closed from September 16 to October 17, 2026.

Mint Markets·

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