Indian stocks face a cyclical correction, not a deeper earnings reset: Mahindra Manulife MF CIO

Economic Times - Oct 3, 2026

Markets are also digesting a range of near-term uncertainties, including energy price volatility, geopolitical tensions and the potential impact of AI-led disruption on future employment patterns.

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Flydubai co-pilot accused of attacking captain Smit Machchhar identified as Hamam al-Hammami
Oct 3, 2026
Flydubai co-pilot accused of attacking captain Smit Machchhar identified as Hamam al-Hammami

Hamam al-Hammami, a co-pilot, attacked captain Smit Machchhar on a Flydubai flight to Tel Aviv. The incident, which caused the aircraft to rapidly descend, raised serious security concerns. Al-Hammami had previously been removed from Oman Air due to extremist views and later employed by Flydubai. An investigation is ongoing to uncover the motive and potential terrorist links.

Robinhood stock tokens turbocharge a new era of meme trading
Oct 3, 2026
Robinhood stock tokens turbocharge a new era of meme trading

Traders are actively engaging in memecoin and stock token swaps on Robinhood's platform, blurring traditional investment lines. The SEC has allowed temporary tokenized stock trades, reflecting a growing retail trend. Companies like AMC have expressed concerns over tokens trading without their involvement. As these trades evolve, stock prices may become detached from their underlying assets. This shift signifies a potential change in how risk is perceived by day traders.

Donald Trump says US to send one-time $90 payment to 20 million seniors enrolled in Medicare
Oct 3, 2026
Donald Trump says US to send one-time $90 payment to 20 million seniors enrolled in Medicare

President Donald Trump announced a one-time $90 payment for over 20 million Americans enrolled in Medicare. The payments are intended to assist with monthly medical insurance premiums as the midterm elections approach. Most eligible seniors will receive the payment through direct deposit or checks in early October. Additionally, separate payments of $500 are being distributed to nearly one million Americans who purchased health insurance through the Affordable Care Act.

Hardened narco-trafficking kingpin Navpreet Singh deported from Turkiye: Amit Shah
Oct 3, 2026
Hardened narco-trafficking kingpin Navpreet Singh deported from Turkiye: Amit Shah

Amit Shah confirmed the deportation of hardened narco-trafficker Navpreet Singh from Turkiye to India. Singh had obtained Turkish citizenship using a fake identity and trafficked drugs to India. Indian agencies successfully identified and tracked him down, leading to his arrest. Shah highlighted this achievement as a significant milestone for the Modi government against narco-trafficking. The government aims to dismantle all narco-cartels ahead of the December 2029 deadline.

Hardened narco-trafficking kingpin Navpreet Singh deported from Turkiye: Amit Shah
Oct 3, 2026
Hardened narco-trafficking kingpin Navpreet Singh deported from Turkiye: Amit Shah

Amit Shah confirmed the deportation of hardened narco-trafficker Navpreet Singh from Turkiye to India. Singh had obtained Turkish citizenship using a fake identity and trafficked drugs to India. Indian agencies successfully identified and tracked him down, leading to his arrest. Shah highlighted this achievement as a significant milestone for the Modi government against narco-trafficking. The government aims to dismantle all narco-cartels ahead of the December 2029 deadline.

Canadian minister to lead 300-member Trade Mission to India this month
Oct 3, 2026
Canadian minister to lead 300-member Trade Mission to India this month

Canada's Trade Minister Maninder Sidhu is leading a business delegation of 300 to India this month. This mission aims to explore various sectors for trade opportunities and strengthen bilateral relations. Negotiations for the Comprehensive Economic Partnership Agreement between India and Canada will resume soon. Both countries aim to increase bilateral trade to CAD 70 billion by 2030. Recent discussions show commitment to expediting these negotiations and reaching a conclusion soon.

Canadian minister to lead 300-member Trade Mission to India this month
Oct 3, 2026
Canadian minister to lead 300-member Trade Mission to India this month

Canada's Trade Minister Maninder Sidhu is leading a business delegation of 300 to India this month. This mission aims to explore various sectors for trade opportunities and strengthen bilateral relations. Negotiations for the Comprehensive Economic Partnership Agreement between India and Canada will resume soon. Both countries aim to increase bilateral trade to CAD 70 billion by 2030. Recent discussions show commitment to expediting these negotiations and reaching a conclusion soon.

US 'severely disappointed' in lack of G20 consensus on overproduction
Oct 3, 2026
US 'severely disappointed' in lack of G20 consensus on overproduction

The US G20 presidency expressed disappointment after trade ministers failed to reach agreements on excess capacity. A draft statement aimed at addressing this issue saw support from most members but was rejected by a few. China previously objected to calls for eliminating non-market policies and only a few countries took a stand against forced labor. Mexico and Argentina joined the US in issuing a statement regarding forced labor concerns.

Concurrent Losers: 14 midcap stocks decline for 5 consecutive sessions
Oct 3, 2026
Concurrent Losers: 14 midcap stocks decline for 5 consecutive sessions

Over the last five trading sessions ended October 1, the benchmark Sensex declined 2.27%, or 1,671 points, to close at 71,909. The index recorded losses in four of the five sessions.

Omani co-pilot who stabbed Capt Machchhar inside flydubai flight wanted a wife who wears niqab, stops working after marriage which families rejected until they learned he was a pilot
Oct 3, 2026
Omani co-pilot who stabbed Capt Machchhar inside flydubai flight wanted a wife who wears niqab, stops working after marriage which families rejected until they learned he was a pilot

Deleted tweets reviewed by CNN show Flydubai co-pilot Hamam al-Hammami wanted a wife who would wear a niqab and quit working after marriage, with some families reportedly reversing their refusal once they learned he was a pilot, part of a wider investigation into his background after the alleged cockpit attack on Captain Smit Machchhar.

Pak vs Ind Final Match Highlights: Track live scorecard, live streaming as India chooses to bat first
Oct 3, 2026
Pak vs Ind Final Match Highlights: Track live scorecard, live streaming as India chooses to bat first

India won the toss and decided to bat first in the men's cricket final against Pakistan. Both teams have retained their playing XIs from the semifinal victories earlier in the tournament. Pakistan's Sahibzada Farhan will hope to make an impact as India relies on Sanju Samson for runs. Sri Lanka secured the bronze medal earlier by defeating Bangladesh in a decisive third-place playoff.

Asian Games 2026: Pranavi Urs wins gold in women's individual golf tournament; helps secure silver in team event
Oct 3, 2026
Asian Games 2026: Pranavi Urs wins gold in women's individual golf tournament; helps secure silver in team event

Indian golfer Pranavi Urs earned the gold medal in women's individual golf tournament at the 2026 Asian Games. She became the first woman from the country to earn the top spot in the podium. The golfer's performance also contributed to the country's women's team to clinch silver in the golf event, adding to the nation's growing medal tally.

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