
World Bank: India's extreme poverty fell from 27.1% to 2.6% in 2011-23
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.
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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.

A central team began touring Cyclone Arnab-hit Andhra districts on October 31, 2026; the state puts losses at Rs 4,764 crore and crop damage to 4.63 lakh farmers.

Vedanta Oil and Gas shares rose up to 18% to Rs 32.90 on October 30, 2026 after Q2 EBITDA rose 34% to Rs 1,393 crore on higher oil prices.

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.

Punjab's government agencies had bought 101.96 lakh tonnes of paddy by 29 October 2026 and paid Rs 20,713 crore to 4.71 lakh farmers, against a 180 lakh tonne target.

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.

Andhra Pradesh puts Cyclone Arnab losses at about Rs 4,600 crore; preliminary crop damage rose to 3,51,662 hectares, the state said on October 29, 2026.

Data and AI services firm EXL reported Q3 2026 revenue of $634 million, up 19.7%, on October 27, with data and AI-led revenue up 36%, and raised its full-year forecast.

Bandhan Bank's Q2 FY27 net profit rose about 456% to Rs 622 crore as provisions fell and bad loans eased; shares gained about 2-3% on October 28.

Cyclone Arnab inundated about 70,900 hectares of paddy and damaged 10,450 hectares of horticulture crops in Andhra Pradesh, CM Naidu told the Centre on October 28, 2026.

Gurugram snack start-up Troovy, which makes ragi and makhana chips for children, raised Rs 100 crore in a Series B round led by Fireside Ventures, reported on 27 October 2026.

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.

Ahead of Cyclone Arnab's October 28 landfall near Yanam, Odisha and Andhra Pradesh told farmers to harvest mature paddy and protect harvested grain from rain.

China's industrial profits rose 14.4% year on year in September 2026, up from 4.2% in August, official data released on October 27 showed, led by electronics and commodities.

Bombay Coated and Special Steels opens a Rs 183.1 crore IPO on October 29, 2026 at Rs 78-82 a share, mainly to repay debt; listing is set for November 5.

SEBI chief Tuhin Kanta Pandey said on 24 October 2026 the regulator plans curbs on misuse of broker terminals, graded compliance and a short selling review.

Wastewater treatment firm SFC Environmental Technologies opens its Rs 667.53 crore IPO on October 27, 2026 at Rs 313-330 a share; most of it is an offer for sale.

Jewellery retailer M.K. Sons Fine Jewels will open its Rs 275.4 crore IPO on October 28, 2026 at Rs 153-162 a share to fund showrooms and cut debt.

Gujarat officials said on October 23, 2026 that farmers have sold over 3.20 crore quintals of produce worth Rs 12,740.60 crore on eNAM across 144 mandis.

Average onion prices at Lasalgaon rose from Rs 3,351 to Rs 4,050 a quintal between October 10 and 19, 2026, as old stocks shrank and new kharif arrivals were delayed.

Goa-based BLS Polymers' Rs 255 crore IPO opens October 27, 2026, at Rs 142-150 a share; wire and cable compounds bring about 81% of its revenue.

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%.

EAAA India Alternatives, an Edelweiss Group fund manager, fixed a Rs 1,585-1,665 price band for its Rs 1,200 crore IPO opening October 26, 2026.

Japan's exports rose 16.7% year on year in September 2026, the 13th straight gain, led by a 49.4% jump in chips, but missed forecasts; the trade deficit narrowed to 536.6 billion yen.

National Australia Bank said on October 20, 2026 it will cut up to 2,500 jobs, about 6% of staff, by mid-2027, at a cost of about A$300 million.

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.

Tamil Nadu will lend farmers up to Rs 5 lakh each for farm-related businesses through cooperative banks, with a Rs 5,000 crore 2026-27 target, announced October 16.

Uttar Pradesh has gathered 810 of a planned 1,000 acres for a data centre and IT hub in Bundelkhand's BIDA township, officials said on October 16, 2026.

Stent maker Sahajanand Medical Technologies' Rs 475 crore IPO, priced Rs 327-344, closes on October 19, 2026 after being about 0.83 times subscribed by day two.

Hospital chain Paras Healthcare will open its Rs 1,450 crore IPO on October 21, 2026, at Rs 660-693 a share, the same day as the Jio Platforms issue.

CapitaLand unveiled its Rs 1,940 crore, 53 MW Chennai data centre in Ambattur on October 15, 2026; completion is targeted for the end of 2026.

worldsteel's October 2026 outlook expects India's steel demand to rise 7.9% to 172.4 million tonnes in 2026 and 8% in 2027, while global demand stays flat.

Jio Platforms fixed its Rs 30,213 crore IPO price band at Rs 1,065-1,119; the issue opens October 21 and its grey market premium is about Rs 200-225.

Persistent Systems' July-September 2026 revenue rose to Rs 4,663.9 crore, but net profit fell 25.4% to about Rs 351.5 crore on Nagarro acquisition costs.

NOAA said on October 15, 2026 a strengthening El Niño will likely last through spring 2027, as Indian states battle drought and the Centre trims its rabi grain target.

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.

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.

Fusion CX's Rs 702 crore IPO, priced at Rs 275-289, entered day two on 15 October 2026 after a Rs 315.90 crore anchor round; it closes on 16 October.

Reliance Consumer Products launched Joyland flavoured milk at Rs 20 in Tamil Nadu on October 14, 2026, entering a market led by Amul, ITC, Mother Dairy and Aavin.

Jio Platforms filed its RHP on 14 October 2026 for a Rs 30,213 crore IPO, India's largest, opening 21 October at a reported Rs 1,065-1,119 price band.

Farmers in Sirsa, Karnal and Yamunanagar protested this week over paddy procurement, seeking a 20% moisture limit instead of 17% and full MSP of Rs 2,461 a quintal.

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.

Swaraj Engines shares rose as much as 15% on October 12, 2026, after Q2 FY27 net profit rose about 22% to Rs 60.57 crore, even as the Sensex fell 548 points.

Zetwerk priced its Rs 5,012 crore IPO at Rs 143-151 a share, valuing it at about Rs 25,583 crore; bidding runs from October 15 to 19, 2026.

Gujarat CM Bhupendra Patel said on 10 October 2026 that self-help group women will run Amul milk parlours in 18,000 villages under a GLPC-Amul pact.

Sahajanand Medical Technologies set a Rs 327-344 price band on 12 October 2026 for its Rs 475 crore offer-for-sale IPO, open from 15 to 19 October.

UNCTAD's Trade and Development Report 2026, released October 9, sees world growth at 2.6% in 2026, Asia giving 59% and India growing 7.3%.

Bonfiglioli Transmissions fixed a Rs 558-586 price band on 12 October 2026 for its Rs 2,534 crore IPO, a pure offer for sale opening 15 October.

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.

Apple shares fell on October 9, 2026 after a Nikkei Asia report said it cut iPhone 18 Pro component orders by 15-20% on weaker demand.

Punjab agencies had bought about 7.5 lakh tonnes of paddy at MSP by October 7, 2026, as old grain stocks threaten storage for the new crop.

Gold prices in India sit near ₹1.5 lakh per 10 grams as Navratri begins on 11 October, and buyers are cautious ahead of Dhanteras on 6 November.

Kolkata's Fusion CX set a Rs 275-289 price band for its Rs 702 crore IPO, which opens on 14 October 2026; most fresh funds will repay debt.

India's weakest monsoon since 2015 has led states to declare drought and the Centre to cut its 2026-27 foodgrain target, raising risks for farm incomes and rural demand.

Lifestyle-tech brand DailyObjects raised Rs 332 crore in a Series C at about Rs 1,050 crore valuation, reported 8 October 2026, with an 18x partial exit.

Jio Platforms is set to price its IPO at Rs 1,065-1,119 a share, raising up to about Rs 30,213 crore from 21 October 2026, a report said on 9 October.
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