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G7 to release 100 million barrels of oil reserves through IEA

• The co-ordinated release includes frontloaded diesel supplies to stabilise global energy markets
• Lower crude and diesel prices could ease costs for Indian refiners and fuel retailers

Nasdaq hits record as weak US jobs data cools rate-hike bets

• Nasdaq Composite hit a record high after disappointing US jobs data
• Lower Treasury yields and oil prices accompanied the rise; Nike shares fell on its forecast

G7 agrees to release 100 million barrels of oil and diesel from emergency reserves

• G7 countries agreed to release 100 million barrels of diesel and crude oil
• The release will come from emergency reserves
• More oil supply could ease fuel costs for Indian refiners and oil marketing companies

India extends RoDTEP export support till Dec 2026; raises insurance cover to 95% amid West Asia disruption

• RoDTEP export support extended until December 31, 2026
• Insurance risk coverage raised to 95% for eligible shipments amid West Asia disruption
• Export support and higher shipment cover benefit Indian exporters and insurers

Europe agrees to release diesel stockpiles, sending oil prices down more than 4%

• European leaders agreed to release some diesel stockpiles on Friday
• Oil prices fell by more than 4%
• Lower oil prices can ease input costs for Indian fuel retailers, refiners and transport companies

Anthropic warns US government actions could hurt customer ties ahead of IPO

• Anthropic warned government actions could cause revenue losses, business disruptions and reputational harm
• The warnings appear in Anthropic’s IPO prospectus

Global food prices reach near four-year high in September amid supply disruptions

• The UN FAO said global food prices hit their highest level in nearly four years
• Trade disruptions and adverse weather drove the rise
• Higher food costs may pressure Indian food companies and complicate inflation trends for consumer businesses

In Graphics: How the cost of Iran war piled up

• India paid more for crude oil despite importing less as prices rose
• Higher import costs can pressure Indian oil marketing companies

Trump says South Korea deal includes an $8.4 billion oil project

• The project will fund enhanced oil recovery
• It adds to a broader US-South Korea investment package

Bets on an October Fed rate hike fall as US job market cools

• The US added 29,000 jobs last month, below economists’ forecast of 90,000
• The unemployment rate rose to 4.2%

Hormuz LNG shipments reach post-war high in September, with reports differing on cargo count

• Business Standard and Economic Times report 19 cargoes; Times of India says 19 to 21
• Business Standard says 13 cargoes came from Qatar and six from the UAE
• More LNG flows may ease supply concerns for Indian gas buyers, including Petronet LNG

Don't blame El Niño alone

• This year's southwest monsoon ended with a 13% deficit over the long-period average
• A weaker monsoon raises risks for Indian agriculture and rural-demand-linked companies

RBI Rate Hike Ahead? SBI Research Flags Inflation, Rupee Risks For October MPC

• SBI Research expects the RBI to begin raising rates in October
• It cites inflation, rupee weakness, global risks and tighter liquidity
• Higher-rate expectations may weigh on Indian borrowers and rate-sensitive stocks

Weakest monsoon since 2015 prompts ICRA to cut FY27 farm growth forecast

• The 2026 southwest monsoon delivered 87% of the long-period average, the lowest rainfall since 2015
• Weaker farm growth may weigh on Indian agricultural input and rural-consumption companies

US adds 29,000 jobs in September as unemployment rises to 4.2%

• Hiring fell from a revised 133,000 in August to 29,000 in September
• Unemployment rose to 4.2% from 4.1% in August
• US demand signals matter to Indian IT services companies reliant on American clients

HDFC Bank succession settled; execution test awaits new CEO Anup Bagchi

• Anup Bagchi is HDFC Bank’s incoming CEO
• Deposit mobilisation, loan growth, margin recovery and senior management continuity are expected priorities
• Execution on deposits and margins will shape HDFC Bank’s outlook

India's IT companies likely to see sombre H1 FY27 as weakness persists

• Persistent macroeconomic uncertainty and geopolitical volatility weigh on demand
• AI-led pricing and productivity pressures are also weighing on India’s IT companies
• Weak demand could weigh on Indian IT services companies’ revenue and earnings

Below normal monsoon’s impact on rural demand a key concern for FMCG sector

• Analysts expect rural demand to be uneven as rainfall shortages vary by region
• Below-normal monsoon impact on rural demand is a key concern for the FMCG sector
• Uneven rural demand could weigh on sales for Indian FMCG companies

Nifty earnings lag GDP growth and weighing on equities, shows data

• Nifty and Sensex ended September lower despite GDP growth of 7.8 per cent
• Rising US Treasury yields and lagging earnings weighed on equities
• Weak earnings pressure Indian equities, while rising US yields can weigh on rate-sensitive stocks

Amazon explores shifting $8 billion of Nvidia chips to investors and leasing them back

• Amazon is exploring an asset-light structure to offload about $8 billion in AI chips
• The move aims to improve balance-sheet health as AI spending rises

Trump wants South Korea in on Alaska LNG. Here’s why Seoul is cautious

• South Korea remains cautious on Alaska LNG over high costs and commercial risks

OpenAI fires three researchers over alleged mishandling of sensitive information

• OpenAI said three staffers were fired for mishandling sensitive information

How Brazil's election winner could reshape its institutions as vacancies mount

US Stock Market Today: Nasdaq Jumps 1%, Dow Up 300 Points As Yields Retreat After Weak Jobs Data

• Nasdaq Composite advanced 1.24%
• S&P 500 surged 0.82%, while the Dow Jones Industrial Average rose 0.61%