Economy

China's official manufacturing PMI fell to 49.3 in October 2026 from 50.1, data showed on October 31, while high-tech manufacturing stayed in expansion.

India's foreign exchange reserves fell $1.27 billion to $719.75 billion in the week to 23 October 2026, a seventh weekly drop, RBI data released on 30 October showed.

The NPPA on 28 October 2026 published revised MRPs for 543 anti-cancer brands, with cuts of up to 93% from November 9, after capping trade margins at 30%.

UK typical household incomes will fall 3% (£1,050) by 2028-29, the Resolution Foundation said on October 29, 2026; the OBR sees a 0.6% fall next year.

US GDP grew at a 3.4% annual rate in Q3 2026, BEA said on October 29, while September PCE inflation rose to 3.6% year on year.

Ex-RBI governor Raghuram Rajan said on October 27, 2026 India should not spend reserves defending a rupee level, as the rupee is down about 6% this year.

Private equity investment in Indian real estate fell 31% to $1.66 billion in January-September 2026, with foreign investors' share at 15%, Knight Frank said.

India's industrial output grew 6.7% in September 2026, MoSPI said on October 28, as 7.6% manufacturing growth was offset by a 6.2% fall in mining.