Crude surge hammers markets; smallcaps near the brunt

The Hindu Business Line - Oct 23, 2026

The Nifty 50 closed 0.39% lower at 22,600, after hitting an intraday low of 22,372; Sensex fell 125.56 points to 73,123.83, after trading between 72,452 and 73,766

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In a significant show of solidarity, British and French military jets have engaged in a collaborative exercise aimed at enhancing their nuclear capabilities amid rising threats in Europe. Named 'Rummy', this operation involved British Typhoons and French Rafales simulating a nuclear strike. French officials stress the critical nature of their nuclear partnership in bolstering European security, underscoring their dedicated efforts to peace through robust deterrence strategies.

Polish PM Tusk seeks deeper tech, AI and space ties with India
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During a recent meeting, Polish Prime Minister Donald Tusk called for strengthened collaboration with India, zeroing in on advancements in AI and space technology. He pointed out potential synergies in manufacturing automation and data analysis. Karnataka's Chief Minister DK Shivakumar invited Polish participation in the 2027 Global Investors Meet, stressing the importance of joint ventures in renewable energy and advanced manufacturing, given Bengaluru's pivotal role in tech innovation.

Polish PM Tusk seeks deeper tech, AI and space ties with India
Oct 23, 2026
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During a recent meeting, Polish Prime Minister Donald Tusk called for strengthened collaboration with India, zeroing in on advancements in AI and space technology. He pointed out potential synergies in manufacturing automation and data analysis. Karnataka's Chief Minister DK Shivakumar invited Polish participation in the 2027 Global Investors Meet, stressing the importance of joint ventures in renewable energy and advanced manufacturing, given Bengaluru's pivotal role in tech innovation.

UK man becomes millionaire after discovering rare Pokemon card collection in his attic worth nearly Rs 19 crore
Oct 23, 2026
UK man becomes millionaire after discovering rare Pokemon card collection in his attic worth nearly Rs 19 crore

A retired decorator from Surrey has sold 41 complete Pokemon card sets for £1.56 million (approximately Rs 18.5 crore), nearly six times the auction house’s £270,000 (approximately Rs 3.2 crore) estimate. The collection had remained in his attic for 15 years before a newspaper report about a valuable Pokemon card prompted him to seek a valuation. One set he originally bought for around £300 (approximately Rs 35,500) later fetched £75,000 (approximately Rs 89 lakh).

India’s forex reserves fall $5 billion to $721.02 billion as of October 16
Oct 23, 2026
India’s forex reserves fall $5 billion to $721.02 billion as of October 16

India's foreign exchange reserves fell by $5 billion to reach $721.02 billion for the week ending October 16. Previously, reserves declined by $8.578 billion to an amount of $726.027 billion. The decline in reserves reflects ongoing economic conditions impacting forex stability within the country. This trend indicates a continued volatility in India's foreign exchange market and its implications for the economy.

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Oct 23, 2026
India cricketer S Meghana announces retirement from all formats

At just 30 years old, S Meghana has chosen to retire from all forms of cricket, reflecting on her valuable journey within the sport. She made her international debut for India in T20 matches in 2016 and transitioned to ODIs in 2022. Grateful for her experiences, Meghana plans to nurture future talent and remain active in the cricket community, having also played in three Women's Premier League seasons.

AI stocks: Midterm elections could threaten AI trade as data center backlash grows
Oct 23, 2026
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Public opposition to US data centers and the November midterm elections could reshape AI infrastructure investment. Increased regulatory scrutiny, rising electricity costs and construction delays may pressure technology stocks, utilities and power infrastructure companies, despite continued strong AI spending.

Want to work in Japan? Skills, language tests and job routes Indians should know about
Oct 23, 2026
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Indians can explore job opportunities in Japan through the Specified Skilled Worker (SSW) programme in sectors such as manufacturing, construction, agriculture, nursing care and food services. Applicants generally need to pass a Japanese language test and an occupation-specific skills examination. Here is how to understand the visa routes, find legitimate employers, estimate living costs and avoid recruitment scams.

Cyber Fraud Alert: Man loses Rs 5.85 lakh after opening fake wedding invitation sent on WhatsApp
Oct 23, 2026
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A businessman in India lost Rs 5.85 lakh after opening a malicious APK file disguised as a wedding invitation. The victim opened the file received through WhatsApp, which compromised his smartphone without his awareness. Subsequently, unauthorized transactions began to occur from his bank account, leading to significant financial loss for him. Investigators are now looking into the circulation of malware through WhatsApp among victims.

European corporate earnings outlook improves as energy profits surge
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European corporate earnings growth is forecast to reach 21.9% in the third quarter, driven by soaring energy profits amid US-Iran war volatility. However, inflation risks, elevated oil prices and rising borrowing costs threaten investor confidence and market stability.

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