IMF reaches staff-level deal with Sri Lanka for $345 million in financing

Economic Times - Oct 5, 2026

The International Monetary Fund has agreed to a $345 million financing deal with Sri Lanka. This deal is contingent upon the upcoming 2027 budget being compliant with the programme's terms. Sri Lanka aims to restructure its debt as part of its ongoing economic recovery. Global trade conditions and energy prices remain significant concerns for the nation's economic stability.

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'If he has any sense of shame, Gyanesh Kumar must quit right away': Congress' Jairam Ramesh reiterates demand for CEC's resignation
Oct 5, 2026
'If he has any sense of shame, Gyanesh Kumar must quit right away': Congress' Jairam Ramesh reiterates demand for CEC's resignation

In a post on social media platform X, Ramesh wrote, "Here is the bold Justice Ujjal Bhuyan speaking yesterday in NALSAR University in Hyderabad where he exposed the CEC lock, stock and barrel. If he has any sense of shame Gyanesh Kumar must quit right away. His ability to execute G2's illegal orders have now made him a liability for the country."

German Green Steel shares to list today. Check GMP ahead of debut
Oct 5, 2026
German Green Steel shares to list today. Check GMP ahead of debut

German Green Steel & Power is set to debut on the BSE and NSE after its Rs 303.90 crore IPO was subscribed 30.42 times. With a 7% GMP, shares may list around Rs 149, while strong FY26 revenue and profit growth support investor interest.

Kash Patel gets engaged to 19-year younger girlfriend: Who is Alexis Wilkins and how did country singer meet the FBI boss?
Oct 5, 2026
Kash Patel gets engaged to 19-year younger girlfriend: Who is Alexis Wilkins and how did country singer meet the FBI boss?

FBI Director Kash Patel is engaged to country singer and commentator Alexis Wilkins, following their relationship since 2023. They announced their engagement on social media, sharing a photo that displayed Wilkins' ring. The couple met at a Nashville event and attended high-profile occasions together after Patel's appointment. Wilkins, an accomplished artist and political commentator, has performed alongside notable country singers.

Akash air defence system reaches Turkmenistan: Check its capabilities as it joins Chinese systems to protect the Central Asian country
Oct 5, 2026
Akash air defence system reaches Turkmenistan: Check its capabilities as it joins Chinese systems to protect the Central Asian country

India has exported its indigenous Akash air defence missile system to Turkmenistan, Defence Secretary Rajesh Kumar Singh has confirmed, expanding the weapon’s presence in Central Asia after Armenia and Tajikistan. Turkmenistan already operates Chinese-made air defence systems, including the FK-2000, FD-2000, KS-1A and FM-90. Here is a look at Akash’s range, capabilities and evolving variants.

Amritsar: Punjab Police ASI injured in firing by motorcycle-borne assailants
Oct 5, 2026
Amritsar: Punjab Police ASI injured in firing by motorcycle-borne assailants

On Sunday evening, Sukhchain Singh, an ASI with Punjab Police, was shot at while returning home. The assailants fired from a motorcycle and fled the scene immediately after the attack. Singh sustained a bullet injury to his arm and was taken to a local hospital for treatment. Police officials have initiated an investigation into the shooting incident, which raises concerns over law enforcement safety.

Amritsar: Punjab Police ASI injured in firing by motorcycle-borne assailants
Oct 5, 2026
Amritsar: Punjab Police ASI injured in firing by motorcycle-borne assailants

On Sunday evening, Sukhchain Singh, an ASI with Punjab Police, was shot at while returning home. The assailants fired from a motorcycle and fled the scene immediately after the attack. Singh sustained a bullet injury to his arm and was taken to a local hospital for treatment. Police officials have initiated an investigation into the shooting incident, which raises concerns over law enforcement safety.

Japan's 30-year bond yields hit record high ahead of PM's remarks
Oct 5, 2026
Japan's 30-year bond yields hit record high ahead of PM's remarks

Japan's 30-year government bond yield surged to a historic 4.235%, with market participants keenly anticipating Prime Minister Sanae Takaichi's upcoming address. Meanwhile, yields on shorter-maturity bonds dipped, reflecting adjustments in the financial landscape. Investors are wary that Takaichi’s spending agenda could exacerbate Japan's fiscal challenges. In the US, Treasury yields bounced back as a disappointing jobs report ignited fresh interest rate discussions, amidst ongoing inflationary fears.

Iran oil minister resigns, replaced by top executive amid US blockade on Tehran's exports
Oct 5, 2026
Iran oil minister resigns, replaced by top executive amid US blockade on Tehran's exports

Iranian Oil Minister Mohsen Paknejad has resigned, with National Iranian Oil Company chief Hamid Bovard appointed as acting minister. The resignation comes as the US intensifies its naval blockade and sanctions targeting Iran’s oil revenues amid the ongoing Middle East war.

CCL Products among 3 stocks that closed crossing above VWAP
Oct 5, 2026
CCL Products among 3 stocks that closed crossing above VWAP

Three Nifty 500 stocks closed more than 2% above their VWAP on October 1, signaling stronger-than-average price performance amid volume-weighted trading activity, according to StockEdge’s technical scan data.

Al Qaeda-linked magazine calls for copycat attacks on US, Israeli planes after flydubai incident
Oct 5, 2026
Al Qaeda-linked magazine calls for copycat attacks on US, Israeli planes after flydubai incident

A pro-Al Qaeda publication has urged followers to conduct copycat attacks on US and Israeli airliners. This call for violence references the September 11 attacks and the recent Flydubai flight incident. The Omani co-pilot involved in the attempted takeover is under investigation for extremist views. Authorities are examining the security implications of these events for commercial aviation. The situation raises concerns about the potential for future terrorist attacks on airliners.

India aims to sign multibillion-dollar French jet deal by March
Oct 5, 2026
India aims to sign multibillion-dollar French jet deal by March

Price negotiations are in their final stages, with the deal estimated to be worth between $30 billion and $35 billion

Augmont Enterprises among 3 stocks showing White Marubozu Pattern
Oct 5, 2026
Augmont Enterprises among 3 stocks showing White Marubozu Pattern

On October 1, three stocks valued above Rs 10,000 crore appeared on StockEdge’s White Marubozu bullish scanner, signaling strong upward price momentum with little or no intraday reversal.

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