INTERNATIONAL INSTITUTIONS
Foreign investors pull out $26.3 billion from emerging markets in September as hawkish Fed pushes US Treasury yields higher
Foreign investors pulled $26.3 billion from emerging-market stocks and bonds in September due to rising US yields. The hawkish Federal Reserve's interest rate hike influenced this first outflow since June. Additionally, heavy foreign selling in South Korea resulted in a significant decrease in emerging-market equities. While fixed-income assets attracted $246 billion this year, equities saw year-to-date outflows of $113.9 billion.
UK student visa refusals rise: What tougher rules mean for Indian students
UK student visa refusals for Indian applicants have nearly doubled over the past year, while new Home Office rules require universities to keep refusal rates below 5 per cent. The changes could affect how UK universities recruit international students, with institutions facing sanctions if they fail to meet tougher compliance requirements.
WHO seeks more details from Russia about reasons for plague institute worker's death
The World Health Organization has sought further information from Russia regarding the death of a laboratory worker. Reports indicate that Darya Shipilova died from pneumonia, with health officials indicating no plague cases among contacts. International concern has escalated, prompting questions about the cause of her illness. Transparency is deemed essential for assessing potential public health risks related to this incident.
Stable institutions, steady pursuit of reforms will steer India to 2047 goal: Jean-Claude Trichet
India's journey to becoming a developed nation by 2047 hinges on institutional stability and sustained economic reforms. Former European Central Bank president Jean-Claude Trichet emphasizes the importance of resilient democratic institutions. He cautions against the risks posed by global over-indebtedness and market corrections. Trichet believes AI will bring challenges and benefits in the long run but highlights the need for global regulations.
New Zealand adds Bank of New Zealand (BNZ) to Funds Transfer Scheme for international students
Immigration New Zealand has added Bank of New Zealand (BNZ) to its Funds Transfer Scheme, giving eligible international students at universities and polytechnics an additional provider for transferring and holding funds during their studies. The scheme is available to eligible students from India, China, Nepal, the Philippines, Sri Lanka and Vietnam.
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Agentic AI in financial services: How banks are rethinking lending, risk and decision-making
From loan processing and credit assessment to fraud detection and regulatory compliance, agentic AI is changing how financial institutions make decisions. The next challenge for banks and fintechs is to scale these capabilities while maintaining accountability, customer trust and control.
Nobel Peace Prize haunted by the 'spectre' of Trump
Donald Trump's pursuit of the Nobel Peace Prize continues, despite minimal chances of being awarded. The Norwegian Nobel Committee faces scrutiny in choosing this year's laureate amidst Trump's actions and policies. While some speculate the prize may go to humanitarian efforts, others suggest a more controversial choice could emerge. The committee is also aware of the potential backlash from awarding the prize.
WHO Chief says Russia reports no plague cases in Irkutsk after lab worker's death
Russian health officials confirmed no cases of plague in Irkutsk after a laboratory worker died from severe pneumonia. WHO has been closely following the incident that led to extensive investigations and medical observations. The laboratory assistant's death raised concerns about a possible pneumonic plague infection. Authorities reported no high-threat pathogens were detected among contacts. WHO emphasized the importance of timely information sharing to assess public health risks effectively.
Canada study: What Indian students prioritise when choosing universities?
A new Canadian survey shows Indian students choosing Canada place importance on safety, inclusion and cultural diversity. The findings also show that education quality, recognised degrees and post-study professional opportunities remain major reasons for choosing Canada, while programme offerings and employability influence the choice of institution.
School Assembly News Headlines, October 7, 2026: Check national, international, business, sports updates and thought of the day
School assemblies are set to provide essential updates on both national and international matters significant to students. Highlights include India's Vice President pushing for a broader sharing of ancient wisdom. In sports, Jannik Sinner's unfortunate knee issues will sideline him for the remainder of the year. Additionally, Sourav Ganguly has been appointed as the head coach for the Delhi Capitals in IPL 2027.
What are 'ghost particles' that pass through your body every second? Francis Halzen wins Physics Nobel for catching them in South Pole ice
Francis Halzen has been awarded the 2026 Nobel Prize in Physics for his groundbreaking work on the IceCube Neutrino Observatory. This observatory detects high-energy neutrinos originating from extreme cosmic events beyond our Solar System. The project has provided vital information about cosmic rays and potential sources of these ghost particles. Halzen's research has led to several significant discoveries since the observatory's completion in 2010.
Attack aircraft, military vehicles visible at new China-Laos base, satellite images show
China has moved light attack aircraft and military vehicles into a newly announced joint training facility in Laos, according to satellite images reviewed by Reuters. Analysts say the Ban Keun site could eventually become China’s most significant military foothold in Southeast Asia if it develops beyond training into a base with expanded air, surveillance and support capabilities.
Lighthouse Learning partners with UK’s Clifton College to expand in India
Lighthouse Learning and Clifton College have partnerd in an initiative to bridge educational experiences between India and the UK. This collaborative effort is designed to enrich students' global perspectives while fostering vital skills like leadership and critical thinking. By incorporating Clifton College's esteemed legacy into India's diverse educational landscape, this partnership aims to revolutionize learning practices for future generations.
Nobel body eyes those building peace in shifting world order, secretary says
The Nobel Peace Prize committee is monitoring the evolving international landscape and related developments impacting global cooperation. As it prepares for this year's announcement, the committee is considering candidates that align with Alfred Nobel's principles. The ongoing upheaval does not diminish the pool of nominees but raises concerns about future directions. The committee remains focused on fostering peace despite significant global changes.
Oxford University leads THE World University Rankings 2027; IISc tops India at 254
In the recently released World University Rankings 2027 by Times Higher Education (THE), Oxford stands unchallenged at the top, followed by MIT in second place. The esteemed institutions Princeton and Stanford share the third ranking, while IISc represents Indian universities at the high mark but remains beyond the global top 250 threshold.
Global Market | Central banks face tougher crisis-management role as public debt rises: BIS chief
BIS chief Pablo Hernández de Cos warned that future financial crises could be harder to manage amid soaring public debt, fiscal deficits and volatile bond markets. Growing non-bank financial risks and rapid technologies could accelerate turmoil. He urged stronger regulation, coordinated government action and international cooperation to preserve central banks’ crisis-management capabilities.
UN ‘largely irrelevant’ to major global conflicts, Jaishankar says, calls for reform
S Jaishankar addressed the need for reform in the United Nations during the 5th Kautilya Economic Conclave. He pointed out the UN's irrelevance in addressing significant global issues, including conflicts in Ukraine and the Gulf. Jaishankar noted that the Security Council is gridlocked and does not represent global interests adequately. He emphasized the importance of fixing the UN instead of bypassing it.
DG can perform depositary functions: WTO tells India
In response to India's questions on the legal basis by which the WTO director general is assigned the role of acting as the depositary of the Interim Arrangements for the Agreement on Electronic Commerce (ECA), the organisation said that serving as a depositary of the ECA would not conflict with the chief's role and responsibilities.
Russian Plague scare: Did a broken test tube lead to a researcher’s death? Why is the White House watching and are Americans at risk?
Russian Plague is not the medical name of a newly discovered disease. The term is being used in connection with concerns over an incident at an anti-plague research facility near Irkutsk. Plague itself is an infectious disease caused by the bacterium Yersinia pestis.
Russia pneumonic plague: New point of conflict emerges between Moscow based Kremlin and Donald Trump administration? All you need to know
Russia Irkutsk Pneumonic Plague: Plague is a bacterial disease that can occur in several forms, including pneumonic plague, the most contagious type. Pneumonic plague can be fatal if not treated early, according to the World Health Organization (WHO).
Nobel Prize 2026 for Peace award: Who will be awarded Nobel Peace Prize? Can Donald Trump finally be winner this year? Check date, contenders
Nobel Prize 2026: Experts say the committee, in its process of awarding the prize, typically focuses on the durability of peace, the promotion of international fraternity and the quiet work of institutions that strengthen those goals.
Nobel Prize explained: Who can nominate candidates and how are winners chosen?
A Nobel nomination does not amount to an endorsement by the Nobel institutions, with thousands of candidates put forward each year by eligible academics, lawmakers, previous laureates and other recognised experts. Specialist committees assess the nominations and recommend candidates, while the final winners are chosen by the relevant prize-awarding bodies; current nominations remain confidential for 50 years.
IDEA flags decline in judicial independence, free parties in India
India is currently chairing the International Institute for Democracy and Electoral Assistance, which highlights concerns about its democratic integrity. Recent reports indicate declines in judicial independence and the freedom of political parties in India. Investigations into opposition leaders ahead of the 2024 elections are raising significant concerns about political freedoms.
Gadkari calls for global code of conduct for infrastructure sector
Nitin Gadkari highlighted the significance of infrastructure development in transforming India into a leading economy. He advocated for the use of alternative materials, including municipal waste, in construction to enhance sustainability. Gadkari urged the formulation of an international code of conduct to integrate new ideas and technologies in the sector. He suggested creating a 'Bank of Ideas' website for global research collaboration.
Central Asia's biggest state holds month-long initiative to promote AI & digital tech
Kazakhstan is hosting AI MONTH to emphasize the importance of artificial intelligence in digitalization. The AI & Digital Bridge 2026 forum is a key event highlighting technology advancements and collaborative efforts. President Kassym-Jomart Tokayev advocates for responsible AI development while encouraging talent and investment retention. International experts and leaders gather to discuss global AI governance and partnerships.
India exports 1 tonne of Bihar's makhana to Greece
India has successfully exported 1 tonne of makhana from Purnea to Greece and 24 tonnes of frozen food products from Sonipat to Canada. These shipments are part of India's efforts to expand its overseas market for agricultural commodities. The commerce ministry highlights that Bihar produces about 80-85% of the country's makhana. The frozen food shipment from Haryana includes items like green peas and samosas.
FPO-led food exports from Haryana to Canada open new market opportunities for farmers
A 24-metric-tonne consignment of frozen food products from Haryana has been exported to Canada by Aterna Foods Producer Company Limited, marking an effort to connect Farmer Producer Organisations (FPOs) with international markets. The shipment, valued at CAD 35,140, includes frozen peas, mixed vegetables, sweet corn, peas and carrots and samosas. APEDA facilitated the export under its Financial Assistance Scheme.
A galactic Nobel? Experts float the International Space Station among contenders for the Peace Prize
The International Space Station, global humanitarian groups and international courts are among the names being discussed ahead of the 2026 Nobel Peace Prize announcement on October 9, while Donald Trump and Canada’s Mark Carney are also seen as contenders. Analysts caution that predictions are highly speculative, with the committee typically favouring durable peace efforts and international cooperation.
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