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BusinessPhoto: Mint Markets

Wall Street Awaits Fed Rate Decision and Q3 Tech Earnings

Wall Street is preparing for a pivotal week as the US Federal Reserve announces its interest rate decision on Wednesday following a September hike. Investors will also review Q3 earnings from Alphabet, Microsoft, and Amazon, alongside economic data including third-quarter GDP and October core PCE inflation. The Fed signals no immediate rate hike but remains concerned about inflation and economic uncertainties.

Mint Markets·

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PoliticsPhoto: Deccan Herald

Comedian Masoom Rajwani Detained at Sahil Wakode Vigil in Mumbai

Stand-up comedian Masoom Rajwani and several others were detained by Mumbai Police during an unauthorized candlelight vigil for IIT Bombay student Sahil Wakode, who died by suicide last month. About 140 people were taken into preventive custody at Shivaji Park and Chaityabhoomi. Around 120 protesters at Shivaji Park and 20-25 at Chaityabhoomi were detained for lacking permissions. Authorities are processing their release.

Deccan Herald··Mumbai

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PoliticsPhoto: TOI World

Kansas Appeals Court Reopens Divorce Property Case After Husband Missed Hearing

A Kansas appeals court vacated a prior ruling in a divorce property case involving Scott L. Hale, who missed his hearing due to incarceration. The court found he was not given a fair chance to participate, as his objections to property division were ignored by the trial judge. The case is sent back for a new hearing and reassessment.

TOI World··Kansas

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HealthPhoto: Hindu Health

Melioidosis in India: Deadly Infection Often Undetected in Hospitals

A multicentre study in India revealed that nearly 1 in 11 high-risk hospitalized adults had melioidosis, a potentially deadly infection. The study found that almost 20% of confirmed patients died in hospital. Due to gaps in diagnosis and lack of national surveillance, the true burden of melioidosis in India remains uncertain.

Hindu Health·

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BusinessPhoto: Economic Times

Citibank Highlights Trade Agreements and Tax Impact on India Investments

K Balasubramanian, CEO of Citibank India, emphasized that long-term capital-gains tax significantly affects equity investments. He noted that trade agreements, especially UK-India and EU-India corridors, will positively impact direct investments. Citibank is identifying companies that could benefit and engaging clients, seeing opportunities in services, markets, and investment banking as multinationals raise capital in India.

Economic Times·

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PoliticsPhoto: Economic Times

ED Seizes Notebook from Veena in CMRL Money Laundering Case

On May 27, 2026, the Enforcement Directorate seized a notebook from T Veena's residence. Veena is the daughter of former Kerala Chief Minister Pinarayi Vijayan. The notebook, linked to the CMRL-Exalogic money laundering case, records a total deposit of AED 2,82,600 and a transfer of AED 1,46,600 to Faijaz VP, described by ED as a UAE-based associate.

Economic Times·

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