GEO SECURITIES
NRIs can now complete online KYC from the US, UK, UAE and other FATF-compliant countries
For Indian investors residing overseas, a new development brings good news. A recent circular from Sebi allows them to open investment accounts without needing to return to India. By permitting digital KYC submissions from various compliant countries, this initiative simplifies the process for non-resident Indians (NRIs) and overseas citizens of India (OCIs).
Sebi eases KYC norms for NRIs, OCIs, allows digital onboarding from December 3
SEBI has relaxed KYC requirements for NRIs, OCIs and foreign nationals, allowing eligible overseas clients in FATF-compliant countries to complete onboarding digitally. The revised framework introduces video verification, electronic documents and simplified repeat KYC, effective December 3, 2026.
ETMarkets Smart Talk| Gold, silver or copper? Tata MF fund manager suggests a 50:30:20 commodity allocation: Tapan Patel
In this edition of ETMarkets Smart Talk, we speak with Tapan Patel, Fund Manager – Commodities at Tata Asset Management, who shares his outlook on gold, silver, copper and crude oil, explains the changing dynamics driving commodity prices, and suggests a 50:30:20 allocation to gold, copper and silver, respectively, for investors looking to build a commodity portfolio for the long term.
Fridge hacks and finance attacks flag AI insecurity
The growing use of AI in cyberattacks could pose a major threat to the global economy, financial markets and critical infrastructure, according to a Reuters commentary by Mike Dolan.
Donald Trump approval ratings crash in 39 states ahead of November 3 US Midterm elections, energy, gasoline prices add to worry. Can Social Security Cost of Living-Cola Payment save it for Republicans?
Donald Trump approval ratings in some states were sliding to negative from the positive that is recorder earlier in 2026. Republicans are retreating from a handful of battleground U.S. House races, while Democrats are racing to raise money to boost candidates who seemed like long shots earlier this year.
Pakistani army general confirms presence of his country's troops in Saudi Arabia
Pakistan has confirmed that its troops are already deployed in Saudi Arabia in multiple capabilities and domains, amid escalating Houthi attacks on the Gulf kingdom. Army spokesman Lt Gen Ahmed Sharif Chaudhry said deployment details remain classified and stressed that any involvement would be defensive, as Pakistan, Turkiye and Saudi Arabia implement their defence pact.
Pakistan, Turkiye agree to deploy forces in Saudi Arabia under trilateral pact
The defence agreement, signed by Pakistan, Saudi Arabia and Turkiye in August, establishes a framework for collective deterrence and stipulates that an armed attack against any one of them would be regarded as an attack against all.
Pakistan's ex-PM Imran Khan's party begins long march after talks with government fail
Pakistan's former Prime Minister Imran Khan's party commenced a long march towards Islamabad following unsuccessful negotiations. Khyber Pakhtunkhwa Chief Minister Sohail Afridi announced the march from Lakki Marwat's Gandi Chowk as a response to political tensions. Negotiations between Khan's party and the government focused on various demands but ended in deadlock.
Pakistan braces for protest by Imran Khan's party after talks with government fail
Pakistan is preparing for a protest by Imran Khan’s Pakistan Tehreek-e-Insaf party following unsuccessful government negotiations. The planned long march is set to occur on October 4, with significant participation from Khyber Pakhtunkhwa. Key demands include access to the jailed leader and the release of party members detained prior to the protest. Government officials have stated that security measures will be intensified to prevent entry into Islamabad.
RBI Governor Sanjay Malhotra flags rising financial risks, warns against complacency as West Asia conflict adds to inflation pressure
Sanjay Malhotra highlighted the need for vigilance regarding financial vulnerabilities at the Kautilya Economic Conclave. He emphasized that banking and financial stress can develop suddenly yet take years to resolve. Malhotra pointed out the interplay of geopolitical and economic factors complicating current financial stability predictions. He stressed the Reserve Bank of India's role in maintaining financial resilience through appropriate regulations and supervision.
Ready to fulfil obligations under Makkah defence pact: Pakistan
Pakistan affirmed its commitment to the Makkah defence agreement with Turkiye and Saudi Arabia. The pact ensures collective deterrence against armed attacks on any member nation. Defence Minister Khawaja Asif stated Pakistan will fulfill its obligations under the agreement. Foreign Office spokesperson reiterated the intent and spirit to uphold the defence deal.
$3 trillion gain or a 10% GDP loss? WTO sounds a trade alarm
The WTO’s World Trade Report 2026 says strengthening the global trading system could lift global GDP by 2.9%, or about $3 trillion, by 2050, while failing to modernise it could cost up to 10% of global GDP.
India’s strategic autonomy faces a trade test as WTO warns non-aligned economies could pay a price for fragmentation
India's foreign economic policy aims for broad trade ties. The WTO warns of rising costs in a fragmented global trade system. India's numerous free trade agreements offer preferential market access. Diversification and multiple pacts help maintain economic flexibility. This strategy counters rising trade costs in a bloc-driven world.
Trade fragmentation could hit poor economies much harder than rich ones, WTO warns
Global trade fragmentation will severely impact the world's poorest economies. Least-developed countries could see GDP fall significantly by 2050. These nations rely heavily on international trade and global production networks. Disrupted supply chains and higher trade costs will hurt them most. Enhanced cooperation offers the best path for their economic growth.
Meet Jeanette Vizguerra, the Mexican immigrant who defied ICE, found church sanctuary, made Time’s 100 Most Influential People list and won the Robert F. Kennedy Human Rights Award
Jeanette Vizguerra arrived in the US from Mexico in 1997 and went on to become a prominent immigrant rights activist in Colorado. Her decades-long fight for legal status included seeking sanctuary in a Denver church, facing repeated deportation threats from ICE and later being detained in 2025. Despite these challenges, Vizguerra continued advocating for immigrants and workers and received the Robert F. Kennedy Human Rights Award in 2025.
BRICS Summit: Modi warns against weaponisation of tech, critical minerals; Xi announces open-source AI
BRICS Summit 2026: Prime Minister Narendra Modi urged BRICS nations to unite in the face of rising global tensions and emphasised the need for inclusive growth, particularly for the Global South. Concerns were also raised over the weaponisation of technology and critical minerals. The grouping aims to strengthen resilience and preparedness against future crises, with cooperation on early warning systems and resilient supply chains being prioritised.
$100 crude shock: Oil cos lose Rs 5/litre on petrol, Rs 23 on diesel as pump prices stay frozen
State-owned oil companies are facing negative marketing margins of Rs 5 per litre on petrol and Rs 23 on diesel as Brent crude crossed USD 100 a barrel amid escalating US-Iran tensions. With pump prices frozen for over three months, higher crude is also raising India’s import bill, inflation and currency pressures.
India condemns Houthi attack in Saudi as 'unacceptable', says strikes threaten navigational freedom in Bab-el-Mandeb
India has condemned recent Houthi attacks on Saudi Arabia's sovereign territory. These strikes targeted civilian and economic facilities, which is unacceptable. The attacks threatened regional security and stability, undermining vital navigation routes. The Houthi strikes on energy facilities wounded over seventy people. This incident highlights the risk of the Iran conflict escalating regionally.
NIA chargesheets 13 in Pak-linked espionage racket
Thirteen individuals have been charged under the Unlawful Activities (Prevention) Act for espionage linked to sensitive locations. The Ghaziabad case details how solar-powered cameras were allegedly set up at railway stations, allowing suspected terrorists in Pakistan to access live footage. The accused are believed to have conspired to leak information detrimental to India's sovereignty, sending sensitive photographs and details to an adversarial nation.
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