OCTOBER 7 ATTACKS
SIR controversy: Congress declares 'Black Day' on October 8; major protest likely
The Congress' October 8 protests will take the campaign beyond Delhi, with demonstrations planned at state, district and block levels over the electoral-roll revision exercise and its demand for Gyanesh Kumar's removal.
Gold rate today (October 7, 2026): Check 24k, 22k, 20k, 18k gold jewellery prices from IBJA, Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers and Tanishq
Gold rate today: On October 7, 2026, gold and silver prices saw notable changes among leading jewellery retailers. Tanishq announced a reduction in the cost of its 22k gold offerings compared to the day before.
RBI Repo Rate 2026: Malhotra & Co hike repo rate by 25 bps to 5.50% for first time in nearly 4 years as inflation pressures build
Repo Rate Hike: The RBI raised the repo rate by 25 basis points to 5.50%, its first hike in nearly four years, as rising oil prices, a weak monsoon and a weaker rupee threaten to push inflation higher. The move was widely expected by economists.
EIA raises oil price forecasts as Iran war tightens global markets
The EIA raised its oil price forecasts, citing tight global inventories, limited diesel supplies and ongoing Middle East supply risks. Brent crude is expected to average $105 per barrel in Q4 2026 and $84 in 2027. Recovering Gulf exports and record U.S. production may ease supply pressures next year, though geopolitical risks remain.
Wren Sinclair, suspended for hitting referee, disguises herself as AAA’s Lady Shani to earn NXT Women’s title shot
Wren Sinclair made a surprise return to NXT by winning the Battle Royal held on October 6. This victory allows her to challenge Kelani Jordan for the NXT Women's Championship at Halloween Havoc. Sinclair, who was suspended after a prior incident involving Kelani, competed under a disguise during the match. NXT General Manager Robert Stone later apologized for her presence in the bout.
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Oil Price Today (October 7): Crude oil rises to $101, up 45% in 3 months. Two reasons behind Wednesday’s surge
Brent futures gained 93 cents, or 0.92%, to $101.51, while US West Texas Intermediate (WTI) crude rose 90 cents, or 1.01%, to $90.30 a barrel.
Israel marks three years since Hamas' October 7 attack
Israel is commemorating the anniversary of Hamas's October 7 attack, which killed 1,221 people and resulted in numerous hostages. Memorial events are taking place nationwide under heightened security, amidst preparations for general elections in three weeks. Prime Minister Benjamin Netanyahu reaffirmed the country's commitment to eliminating Hamas and addressing security threats. The ongoing humanitarian situation in Gaza remains critical despite a fragile ceasefire established last year.
Oil prices rise as storms and air strikes threaten supply
As a storm approaches key oil-producing areas in the US and tensions heighten in Saudi Arabia, oil prices are on the rise. The impending storm threatens to disrupt both production and refining processes, potentially affecting large quantities of crude oil and natural gas. Additionally, dwindling US crude and gasoline inventories contrast with a minor increase in distillate stocks.
US EIA lifts Brent forecast to $98 as Iran war tightens global supplies
The US Energy Information Administration has revised its oil price forecasts for the coming years due to supply issues. Global benchmark Brent crude is expected to average approximately $98 a barrel in 2026. Retail diesel prices are projected to remain high initially before gradually declining to around $4.50 in 2027. Improvements in Middle Eastern oil production are anticipated as transit routes become safer and more efficient.
Middle East oil exports are recovering despite Strait of Hormuz tanker attacks, but the bigger problem is getting crude safely to buyers
Middle Eastern oil exports have significantly recovered as shipping companies navigate a complex transport network. While conventional methods remain risky, alternate routes are being utilized to ensure continuous oil movement. Oil producers are adjusting strategies, relying on pipelines and offshore transfers to circumvent dangerous waters. The shipping process has become more expensive due to increased insurance and higher freight rates.
The day the fault lines cracked: October 7’s aftershocks travelled from Israel and Gaza to Iran, Red Sea and $100 oil
It started at the Gaza border. Then came Hezbollah, Houthi attacks, rerouted ships, an Israel-Iran war, American strikes and an oil shock. Three years after October 7, the Middle East’s fault lines have cracked open far beyond where the first shots were fired.
Oil Price Today (October 6): Crude oil below $101 as supply concerns ease but Houthi attack keeps traders on edge
Brent crude futures gained 20 cents to $100.54 a barrel, while US West Texas Intermediate crude futures rose 12 cents, or 0.13%, to $89.50 a barrel. Oil was little changed after Monday’s decline as traders continued to assess a modest reduction in supply-side concerns.
War-weary northern Israelis rethink loyalty to Netanyahu before election
Residents in northern Israel are reassessing their political support for Prime Minister Netanyahu as elections approach. Many former supporters express dissatisfaction with the government's handling of recent conflicts. Displaced individuals and business owners cite ongoing trauma and economic struggles following years of warfare. While some still support tough measures against threats, others demand significant change in leadership. The forthcoming election could see a shift in voter loyalty amidst these challenges.
PM Modi to inaugurate Metro rail project in Chennai on Oct 11: Pon Radhakrishnan
Prime Minister Narendra Modi is scheduled to visit Chennai on October 11 for official programmes. He will inaugurate the 14.6-km Poonamallee-Vadapalani stretch of the Chennai Metro's Phase II project. Senior BJP leader Pon Radhakrishnan confirmed the details during an event at Kamalalayam. Additionally, the BJP state unit is planning 'Seva Jyothi' rallies to celebrate Modi's contributions. Radhakrishnan also criticized Congress president Mallikarjun Kharge for his recent statements regarding the government.
School Assembly News Headlines for October 5: Top national, international, sports and business updates
School Assembly News Headlines Today (October 5): In a notable move, Rahul Gandhi has introduced a digital platform called 'Satyagraha', empowering citizens to initiate protests based on specific issues. As tensions rise with Iran, the United States has intensified its military presence by deploying a third aircraft carrier and reinforcements. India proudly finished fourth at the 2026 Asian Games, amassing a total of 85 medals.
US bombers redeployed to home bases after RAF Fairford terror attack probe
The U.S. Air Force has brought home its bombers stationed at RAF Fairford due to security concerns. An investigation into a potential terror attack has resulted in the arrest of several individuals. U.S. officials have indicated that additional military forces are being deployed to the Middle East. President Donald Trump has signaled continued military action against Iran may be considered. The situation remains fluid, with escalating tensions in the region.
South Korean president orders probe into data leaks across financial industry
Financial Services Commission (FSC) Chairman Lee Eog-weon convened an emergency meeting with financial industry associations, regulators and executives from affected institutions on Sunday, warning that the sector must respond with the highest level of vigilance, the FSC said in a statement.
Will Nifty, Sensex plunge for 9th straight week? TCS Q2, RBI MPC among 4 factors to drive Dalal Street from Monday
India's stock market has faced a challenging downturn, marking eight weeks of losses, the longest in 25 years. Driving this trend are soaring oil prices and rising US bond yields. The sell-off by foreign institutional investors has intensified the downturn. As companies like TCS and DMart prepare for their Q2 earnings, investors hope for signs of resilience amidst a weaker rupee fueling their concerns.
How many US military personnel are stationed in Japan? Okinawa Marine arrest puts spotlight on decades-old US presence
A US Marine stationed in Okinawa faces arrest for the suspected murder and robbery of a Japanese woman, escalating tensions surrounding the US military's role in Japan, as shaped by the Treaty of Mutual Cooperation and Security. With a significant presence of 60,000 troops in the region, previous incidents involving US personnel have triggered public concern.
Ukraine will hit Russian refineries in response to Moscow's 'new doctrine' of airstrikes
Ukraine is set to enhance its attacks on Russian oil refineries in response to recent changes in military tactics. President Volodymyr Zelenskiy emphasized that civilian infrastructure would not be targeted during these operations. Ongoing Ukrainian counteroffensives have recaptured significant territory in the eastern Donbas region.
Japan sank the USS California battleship at Pearl Harbor in December 1941. Years later, it was rebuilt and returned to strike in history's last battleship duel
On December 7, 1941, the USS California tragically fell victim during the Pearl Harbor attack, leading to loss of over 100 crew members. After being salvaged and meticulously rebuilt, the battleship returned to service, engaging in key conflicts including the pivotal Surigao Strait battle. It was ultimately decommissioned in 1947 and dismantled, with its bronze bell preserved and now housed in Sacramento as a historical tribute.
Saudi Arabia plans assault on Houthis to break Red Sea chokehold
Saudi Arabia is preparing for an offensive against Houthi militants in Yemen, focusing on securing the Bab el-Mandeb Strait. The operation is expected to include coordinated attacks from multiple fronts alongside Yemeni ground forces. Over 100,000 Yemeni troops could potentially participate in the planned military action. U.S. intelligence support and military aid from other nations will assist the Saudi campaign in Yemen.
India vs Pakistan, Final: Will rain interrupt? Check weather forecast, playing 11, pitch report and live streaming
India vs Pakistan, Final Weather Forecast: India and Pakistan clash for Asian Games cricket gold at Korogi Sports Park on October 3, with rain odds climbing past 50 percent by midday and no reserve day in place, a washout would hand both sides the gold medal.
Israeli officials to question co-pilot of flydubai flight, source says
On a recent flight from Dubai to Tel Aviv, a co-pilot allegedly attempted to crash the aircraft. The co-pilot stabbed the captain during the incident but was subdued by the crew and passengers. Israeli officials are investigating the co-pilot's motives and possible connections to radical influences. Following the event, the captain has been praised for his heroism and quick actions.
US waives rights curbs on Egypt military aid over Iran war role, clears $320 mn funds
The US State Department waived human rights conditions for Egypt's military aid of over $300 million. This decision aligns with Egypt's support during the US military operation in Iran. For years, Egypt has received about $1.3 billion annually in military aid from the US. There have been previous tensions over human rights issues concerning Egypt's record.
Is Iran behind Flydubai hijack attempt? What we know about the Omani pilot's motive
On September 30, a harrowing incident unfolded on a Flydubai flight traveling from Dubai to Tel Aviv. The co-pilot is accused of stabbing the captain, which forced the plane into a distressing descent and emergency landing in Saudi Arabia. Passengers and crew quickly intervened, restraining the assailant after the captain opened the cockpit door.
Flydubai pilot called ‘terrorist’ after attempting to crash Israel-bound plane; what we know so far
One of the pilots of an Israel-bound flydubai flight tried to kill his co-pilot before the plane made an emergency landing in Saudi Arabia on Wednesday, a passenger's mother told AFP. Yasmin Abukasis, whose daughter Miryam was on the flight to attend a service for her brother killed in the October 7, 2023 Hamas attack, said her daughter told her by telephone after landing that everyone "thought they were going to die". "She said one pilot tried to kill the other pilot with a knife.
Israel strike kills Hamas armed wing head in North Gaza
An Israeli airstrike on Tuesday killed Izz al-Din Al-Beik, head of Hamas' armed wing in Gaza. His involvement in the October 7, 2023, attacks has been confirmed by officials. The airstrike targeted an apartment building in Gaza City's Nasr neighborhood, which resulted in one additional casualty. Medics also reported a subsequent airstrike near a clinic in Jabalia refugee camp killing another person.
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