India's gross GST collections rose 22.9% to about Rs 2.31 lakh crore in October 2026, with net revenue up 25.6%, Finance Ministry data released on November 1 show.
The World Bank says India's extreme poverty fell from 27.1% in 2011 to 2.6% in 2023, lifting about 496 million people, but flags flat real earnings.
China and Switzerland signed an upgraded free trade protocol on October 30, 2026 that will eventually make 99.8% of Swiss goods exports to China tariff-free.
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%.
The Centre's April-September 2026 fiscal deficit was Rs 7.14 lakh crore, 42.1% of the full-year target, CGA data showed on 30 October.
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.
The Bank of Japan held its policy rate at 1.25% on October 30, 2026 in an 8-1 vote, raised its inflation forecast and signalled more hikes.
The European Central Bank kept its deposit rate at 2.50% on October 29, 2026, after a September hike, and warned that surging energy costs are raising inflation risks.
The Bank of Canada raised its policy rate by 0.25 point to 2.5% on October 28, 2026, its first increase since July 2023, as inflation runs near 3%.
The US Fed held rates at 3.75% to 4% on October 28, 2026, with two members seeking a hike, and said it will vote on rates at seven meetings in 2027.
PIB Fact Check said on October 27, 2026 that viral posts about a new Rs 1,000 note with a temple image are fake; the RBI has announced no such note.
Australia's annual inflation rose to 4.3% in September 2026 from 4.0%, ABS data showed on October 28, lifting bets that the RBA will raise its 4.60% cash rate on November 3.
Finance Minister Nirmala Sitharaman said on October 26, 2026 the Centre aims to cut its debt to 50% of GDP by 2030 and that the RBI is curbing sudden rupee swings.
RBI Governor Sanjay Malhotra said on 25 October 2026 that the central bank targets no level for the rupee but will act against speculation and excess volatility.
California votes on November 3, 2026 on Proposition 40, a one-time 5% wealth tax on billionaires; opponents are spending about $1 million a day as polls tighten.
Commerce Minister Piyush Goyal met Dutch ministers on October 26, 2026, discussing semiconductors, critical minerals and supply chains under the proposed India-EU free trade agreement.
UK Chancellor John Healey is set to use the October 28, 2026 Budget to raise the tax-free allowance for low-income pensioners to £13,036, reports say.
Audi will build its first US factory, a roughly $4 billion plant in Georgia with about 4,500 jobs, announced on October 24, 2026 as US tariffs weigh on imports.
The Indian crude basket has averaged about $120 a barrel in October 2026, the highest since March 2012, straining oil company margins and the fiscal deficit.
India's foreign exchange reserves fell about $5 billion to about $721 billion in the week to October 16, RBI data released on October 23, 2026 show.
UK borrowing was £24.5 billion in September 2026, £1.9 billion above forecast, and net debt passed £3 trillion for the first time, ONS data released on 21 October showed.
The Centre plans to cut its stake in Central Bank of India, UCO Bank, Punjab & Sind Bank and Indian Overseas Bank to 75% to meet Sebi's public shareholding rule, officials said on 23 October 2026.
Norway's $2.3 trillion sovereign wealth fund lost 278 billion kroner, about $29.7 billion, in July-September 2026 as rising rates cut bond values, it said on October 22.
Bank Indonesia kept its BI-Rate at 5.75% on October 21, 2026, but raised its deposit facility rate to 5.00% and cut banks' reserve requirements to steady the rupiah.
RBI MPC minutes released October 21, 2026 show a unanimous vote to raise the repo rate to 5.50% but a 4-2 split on the tighter stance, with cuts unlikely soon.
Output of India's nine core industries grew 7.9% in September 2026, up from 5.9% in August, led by iron ore, electricity and coal, government data showed on October 21.
US pending home sales fell 7.3% in September 2026 to a record low of 66.0, NAR said on October 20, as 30-year mortgage rates rose to about 7.4%.
UK CPI inflation rose to 3.5% in September 2026 from 3.1% in August on higher fuel costs, the ONS said on October 21; core inflation rose to 2.8%.
Inflation for agricultural labourers rose to 6.30% in September 2026 from 5.18% in August, above headline CPI of 5.54%, as food prices climbed.
Paddy Power owner Flutter said on 20 October 2026 it will cut up to 1,400 UK and Ireland jobs, blaming higher UK gambling taxes.
Statistics Canada said on October 19, 2026 that consumer prices rose 3.1% in September from a year earlier, driven by a 27.8% jump in petrol, ahead of an October 28 rate call.
The India-New Zealand free trade agreement takes effect on October 20, 2026, giving all Indian goods duty-free entry to New Zealand while India shields dairy and farm items.
Fed Chair Kevin Warsh declined on October 16, 2026 to signal an October rate hike; market odds fell to about 15% but a December rise is still priced.
Brent crude fell about 2% to near $107.7 a barrel on October 19, 2026, as Trump's waiver of Russia sanctions raised hopes of more supply.
China's economy grew 4.5% in July-September 2026, beating the 4.4% forecast, on strong exports, but property investment fell 20.6% in January-September.
With US debt at about $40.3 trillion, IMF chief Kristalina Georgieva said on 14 October 2026 that growth cannot cut it fast enough; Treasury pushed back.
The IMF said on October 15, 2026 that UK Chancellor John Healey should look at pensions and benefits, not a higher bank tax, to fix public finances in his October 28 budget.
US producer prices rose 1.3% in September 2026, the biggest monthly gain since March 2022, as gasoline jumped 20.3%; the annual rate hit 6.3%, BLS data released October 15 show.
EPFO has moved the September 2026 ECR and PF payment deadline from October 15 to October 31 as employers adjust to the new Rs 25,000 wage ceiling.
RBI issued a conditional no objection certificate for REC's merger into PFC, REC said in a filing dated October 15, 2026; other approvals are still due.
India's merchandise exports rose 23% to $44.40 billion in September 2026 and the trade deficit narrowed to $30.21 billion, data released on 15 October showed.
India's net direct tax collections rose 13.21% to about Rs 13.38 lakh crore up to October 14, 2026, led by corporate tax; refunds rose 24.22%.
The IEA's October report, reported on 14 October 2026, forecasts world oil demand to fall 2.6 million barrels a day this year, with diesel tight into late 2027.
India's trade deficit with China reached $105.93 billion in January-September 2026, up 20.7%, as imports rose to $125.19 billion, Chinese customs data released on 14 October show.
US consumer prices rose 0.6% in September and 3.7% from a year earlier, the BLS said on October 14, 2026, as gasoline jumped 9.1%; core inflation was 2.6%.
India's WPI inflation rose to 11.39% in September 2026 from 9.92% in August, data released on October 14 showed, led by fuel, food articles and basic metals.
At the Bloomberg New Economy Forum in Delhi on 13 October 2026, PM Modi warned trade and payment systems are being used as pressure tools and pitched India as a stable partner.
China's passenger car exports rose about 64% in September 2026 while domestic sales fell 27%, industry data released October 12 showed.
World Bank brief of 12 October 2026 projects India's poverty at the US$4.20 line falling from 14.2% in 2026 to 12.1% in 2028, with the decline slowing.
India's CPI inflation rose to 5.54% in September 2026 from 4.83% in August, data released on 12 October showed; food inflation hit 7.74%.
Brazil's IPCA inflation rose to 4.58% in September 2026, above the 4.5% target ceiling, as power bills jumped, IBGE said on 9 October.
Americans Robert E. Hall and Michael Woodford won the 2026 economics Nobel on 12 October for the microeconomic foundations of macroeconomic stabilisation.
PNB, Bank of Baroda and Indian Bank raised repo-linked lending rates by 25 bps from 8 October 2026, a day after the RBI lifted the repo rate to 5.50%.
The IMF reached a staff-level deal with Pakistan, announced October 7-8, 2026, to release about $1.2 billion once its board approves, and urged an end to fuel subsidies.
SBI Research's October 9 report asks the RBI to weigh a 50 bps hike, a wider liquidity corridor and a six-month export earnings rule to defend the rupee.
Canada lost about 68,000 jobs in September 2026, data released October 9 showed, lifting unemployment to 6.5% and cooling rate-hike bets.
The World Bank's India Development Update of 6 October 2026 raised India's FY27 growth forecast to 7.1% from 6.6%, citing industry and services.
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