Business & Economy
After a sharp sell off that marked the FTSE 100’s worst week since April, London stocks steadied on Monday as mining shares and an oil sector deal helped calm investors while gilt yields and rate expectations remained in focus.
The federal government raised petrol by Rs2.10 and high speed diesel by Rs0.30 per litre for the October 3 to October 5 pricing window, underscoring the shift to a daily fuel pricing mechanism and heightening concerns about spillover effects on transport costs, inflation and industry operating margins.
With the Reserve Bank of India meeting on October 5, economists and market strategists say the central bank is poised to begin a rate hiking cycle, a shift that could reshape bond yields, equities, and the rupee.
Beijing this week rolled out a package of central bank rate cuts, expanded low cost relending quotas and the first nationwide commercial mortgage interest subsidy for eligible first time buyers, aiming to stabilise the property sector and lift consumption during Golden Week.
A much weaker than expected September payrolls print and downward revisions to earlier months sent U.S. equity indexes higher and knocked down traders expectations for an October Federal Reserve rate increase, reshaping market positioning across equities, Treasuries and rate-sensitive sectors.
Average UK diesel prices have topped 200 pence per litre for the first time, intensifying pressure on ministers and prompting G7 countries to agree co ordinated releases of oil and diesel reserves. The move aims to calm markets but offers only limited near term relief for households and businesses in the United Kingdom.
The Pakistan Energy Exhibition and Conference in Karachi, which runs October 1 to 3, 2026, drew a stronger-than-expected turnout on its final day as local firms, regional suppliers and international delegations signalled renewed investment appetite for renewable generation, grid modernization and domestic manufacturing of energy equipment.
Gross Goods and Services Tax collections rose to Rs 2,03,521 crore in September 2026, up 14.7 percent year on year, as import-linked levies surged nearly 26 percent while domestic GST growth remained in the low double digits.
State refiners halted shipments beyond Hong Kong and Macau ahead of Golden Week, with PetroChina cancelling several October cargoes. Traders said the move has already pushed oil product prices higher and tightened supply in Asia and beyond.
ThreeSkins introduces a formulation-first barrier skincare range for India and the UAE, built around a 3:1:1 physiological lipid architecture and designed for climate-stressed skin.
Custom Patches Maker continues to serve customers looking for custom patches in Canada, including custom embroidered patches, PVC, woven, chenille and other patch styles for businesses, teams, clubs, organizations and personal projects.
Micron reported record fiscal fourth quarter revenue and profit and issued guidance well above Street estimates, underpinning a fresh wave of optimism for U.S. memory suppliers and prompting broader market reassessments of inflation and rate odds.
Caterpillar said on September 30, 2026 that it intends to invest roughly $1 billion in North Carolina to expand manufacturing capacity for its Cat Compact business, including a new facility in Sanford and upgraded production systems aimed at automation and workforce development.
The Office for National Statistics revised second quarter GDP up to 0.5 percent on September 30, 2026, citing stronger business investment and rising real household disposable income. The upgrade narrows the current account deficit and positions the UK as the fastest growing G7 economy in the first half of 2026.
