RUSSIA ECONOMIC GROWTH 2026
‘America’s Nostradamus’ warns of Iran nuclear threat, MBS prophecy, 27-year war, US collapse by 2028 and more chilling predictions
John Hogue, dubbed “America’s Nostradamus,” predicts a possible nuclear conflict involving Iran, a 27-year global war and the collapse of US economic power by 2028. Here’s what he claims about Nostradamus’ Mabus prophecy and rising global tensions.
US growth boosted by AI, but no sign of a turning point higher
Economists estimate the growth potential of the US economy to be around 2%, whereas President Donald Trump aspires to double it. Business investments are escalating, primarily driven by the demands for data centers and enhanced AI capabilities, which can positively affect GDP growth. However, the influence of artificial intelligence on productivity is still unpredictable, and tariff strategies for cutting imports yield mixed results, affecting the market dynamics significantly.
Serbian Elections: How a student protest born after a railway station canopy collapse ended right-wing Aleksandar Vučić’s 12-year grip on power
Serbia’s student-led movement has emerged victorious in the October 25, 2026, parliamentary election, dealing a major blow to Aleksandar Vučić’s 14-year political dominance. The movement began after a railway station canopy collapsed in Novi Sad in November 2024, killing 16 people. Demands for accountability grew into nationwide anti-corruption protests before the students entered electoral politics. Vučić conceded defeat based on preliminary estimates, although official results were still awaited.
BSE shares jump over 4% as Motilal Oswal upgrades stock to Buy. 4 reasons behind bullish call
BSE shares rose sharply on Monday after Motilal Oswal upgraded the stock to Buy with a target price of Rs 4,000, implying 23% upside. The brokerage expects strong derivatives volumes, rising premium turnover, improving cash market participation and operating leverage to drive revenue growth, margin expansion and a 27% profit CAGR through FY28.
MSME business confidence improves despite rising input costs, manufacturing sentiment strongest: SIDBI
India's micro, small, and medium enterprises (MSMEs) are exhibiting a strong sense of optimism for business conditions, evidenced by an uptick in the MSME Business Confidence Index. The manufacturing sector specifically showed promising growth, advancing from 59.5 to 61.0 this quarter. Both trading and services sectors are also experiencing a surge in positive sentiment, suggesting a bright future for all sectors amidst ongoing challenges.
Ukraine joins NATO's NSPA partnership, gains access to Alliance contracts for defence industry
Ukraine officially joined the NATO Support and Procurement Agency's Security Cooperation Support Partnership to strengthen defense collaboration. This partnership allows Ukrainian defense companies to access NATO contracts and resources for their operations. A recent Industry Day in Kyiv gathered around 150 Ukrainian companies to discuss procurement trends and opportunities. Ukrainian Deputy Defence Minister highlighted the unique access this partnership grants to the NSPA's services.
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Fitch maintains Ukraine at 'CCC', expects war to extend into 2027
Fitch Ratings has kept Ukraine's long-term foreign-currency rating at 'CCC', indicating significant credit risk amid the ongoing war. The agency predicts that the conflict with Russia may extend into 2027, affecting the country's economy. Ukraine will continue to depend on foreign financial aid to address budget deficits while facing rising fiscal challenges. Growth is projected to resume in 2027 after a slight economic contraction in 2026 due to war-induced pressures.
Melania Trump Oleshky Ceasefire: All about once Ukrainian city captured by Moscow, importance of agreement in Russia-Ukraine war, America's role
Once a city of about 24,000 residents, Oleshky was captured by Moscow’s forces on the first day of their full-scale invasion of Ukraine in February 2022. Melania Trump has made helping children in conflict one of her signature issues and hosted a U.N. Security Council meeting on the issue earlier this year.
Banks see ₹5.19 lakh crore deposit outflow, credit shrinks ₹2.52 lakh crore
Kolkata's banking sector faced a Rs 5.19 lakh crore withdrawal of deposits in the fortnight ending October 15. Credit outstanding also contracted by Rs 2.52 lakh crore during the same period. Consequently, credit growth decreased to 18.2% from 19.4% in the prior fortnight. Meanwhile, deposit growth recorded a decline to 16.7% compared to 17.8%. The overall outstanding deposits reached Rs 278.76 lakh crore and outstanding credit was Rs 227.
Despite global tensions, India’s business sentiment rebounds in Q2 FY27: NCAER
India's Business Confidence Index has risen to 107.8 in the second quarter of this fiscal year. The survey included 502 companies across six major cities, reflecting both large firms and MSMEs. All four key parameters evaluated by the index showed gains when compared to the previous quarter. NCAER indicated that confidence improved in expectations of economic conditions and financial health.
Tata Motors CV Q2 Results: Co swings to black with Rs 1,254 crore profit; revenue jumps 37% YoY
Tata Motors CV Q2 Results: The improvement in profitability was driven by lower mark-to-market losses on investments in Tata Capital Ltd. The company reported a strong net cash position of Rs 15,900 crore as of September 30, 2026.
ET Product of the Year Awards 2026: Recognising HR and worktech products shaping the future of work
The ET Product of the Year Awards 2026 honor exceptional HR and WorkTech solutions that drive organizational success and transform the marketplace. To be considered, nominees are required to have been launched or significantly enhanced between January 1, 2025, and September 30, 2026. Evaluation criteria will focus on innovation, user adoption, quality of execution, and overall market influence.
China-Europe rail and India’s long road to Eurasia
India is focusing on connectivity initiatives such as the International North-South Transport Corridor and the IMEC. Geopolitical tensions have challenged India's ambitions to establish reliable connectivity with Europe. In contrast, the China-Europe freight network significantly expands trade routes across Eurasia. The expansion provides multiple routes and helps mitigate disruptions in maritime transport. A shift in India-China relations may further enhance India's connectivity options with Eurasian markets.
Major new US regulation on AI unlikely despite rising political focus: UBS Report
In the United States, significant regulations on Artificial Intelligence appear improbable, as economic optimism prevails. This technology is viewed as a cornerstone for future economic growth and enhanced productivity. The midterm elections are predicted to have a minimal effect on existing regulations. While developers advocate for stricter safety protocols, the tech industry has opted for voluntary collaborations instead.
Global Market: Nokia Q3 profit beats estimates on AI demand, maintains 2026 outlook
Nokia reported stronger-than-expected third-quarter operating profit and revenue growth, driven by rising demand from AI and cloud customers. Order intake from these segments surged 118% year-on-year, while the company maintained its full-year financial outlook.
'First time in long time, we're maybe close to deal': Trump on Ukraine conflict
Speaking to reporters before departing the White House for South Carolina, Trump highlighted the delicate state of peace discussions, arguing that imposing additional economic penalties could derail diplomatic momentum.
India’s economy stays resilient at 7.1%, but rising inflation raises a red flag, says RBI's Sanjay Malhotra
The Indian economy is projected to maintain a growth rate of 7.1% for the year 2026-27. This projection is an increase from the previously estimated 6.7%. RBI governor Sanjay Malhotra noted that inflationary pressures are rising, which could impact the growth outlook. Despite turbulent global conditions, India's economic resilience has been remarkable according to the governor.
Motor third-party insurance growth slows to 9%; Kotak flags possible impact of SC compensation ruling
Motor third-party insurance premiums exhibited a sluggish growth rate of 9 percent year-on-year in September 2026. Insurers have reportedly reduced focus on this segment due to a Supreme Court ruling on compensation for homemakers. The overall motor insurance premiums saw a rise of 13 percent during the same month. SBI General Insurance demonstrated stronger performance compared to other private insurers in the third-party segment.
Tech giants' AI spending to exceed $1 trillion in 2027, lift US growth: UBS
Major technology companies are projected to invest more than USD 1 trillion in artificial intelligence infrastructure by 2027. Reports indicate that demand for computing capacity is exceeding supply, influencing investment decisions.
China flags APEC's role as key for a challenged global economy
During the opening of the APEC Finance Ministers' meeting in Hong Kong, China's Finance Minister Lan Foan highlighted the importance of the APEC forum for promoting economic cooperation. He urged the 21 member countries to work together in addressing global economic challenges, stressing collaboration in sectors such as artificial intelligence, the digital economy, and green initiatives. Lan reaffirmed China's commitment to broad economic reforms designed to stimulate growth.
Permanent India UNSC seat an 'obvious element' of global governance reform: Polish envoy
Poland's Ambassador to India affirmed support for India's permanent seat on the United Nations Security Council. This endorsement aligns with broader reforms in global governance that recognize emerging powers from the Global South. India has been praised for its diplomatic efforts concerning the Russia-Ukraine war, promoting peace and dialogue. A potential trilateral summit between Russia, the United States, and China could address this conflict further.
Modi likely to visit Russia in 2027 for annual summit: Kremlin
Prime Minister Narendra Modi is expected to visit Russia next year for an annual summit. Originally, the visit was scheduled for December, but other meetings complicated the timeline. Dmitry Peskov confirmed that the visit is more likely to occur next year. The leaders of India and Russia meet annually following a strategic partnership declaration. Modi's future visit will mark nearly 80 years of diplomatic relations between the two nations.
China's economy grows 4.5 pc in Q3 as AI-driven exports offset weak domestic demand
The Chinese economy grew 4.5% in the third quarter of 2026. The growth is fuelled by global demand for artificial intelligence (AI) infrastructure, helping the economy offset weak domestic consumption and a deepening property market crisis. The development comes after a weak second quarter, which saw its growth shrink to 4.3%. However, sluggish domestic household spending and investment bring doubt about the sustainability of the trend.
500%, 100%, then a waiver: How India escaped Trump's Russia tariff threat
In the beginning it was 500%, then it came down to 100% and then, a waiver. This is how the tariff threat has evolved from an ambitious proposal into a more flexible instrument of policy for Trump and US. For India, the immediate danger has receded. But with US retaining the power to reinstate the measures, the waiver offers relief rather than a lasting resolution.
China's economic growth picks up & rebounds to 4.5% in third quarter, beating expectations
China’s economy grew 4.5% year-on-year in the third quarter, beating market expectations of 4.4% and recovering from a more than three-year low of 4.3% in the previous quarter. Growth eased pressure on policymakers to announce further stimulus to meet the annual target of 4.5%-5%.
Trump’s super intelligence diplomat: Marco Rubio
Trump changed AI to SI. Now he has created a new breed of SI diplomacy.
Trump puts Russia sanctions bill on hold, cites US national interest; retains power to reinstate measures
US President Donald Trump has waived the application of certain sanctions, restrictions and duties on Russia under the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, according to an executive order issued on Saturday. The order outlines a waiver of specified measures provided for under the legislation.
India's GDP to grow 7.1-7.3% in FY27 as private investment gains momentum: Deloitte
In the fiscal year 2026-27, India's economy is expected to see growth ranging from 7.1 to 7.3 percent, fueled by a recovery in private investments coupled with enhanced business dynamics. For the past ten years, strong household consumption and substantial public infrastructure investments have driven growth. Nonetheless, uncertainties stemming from geopolitical issues and energy price fluctuations pose potential threats to this forecast.
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