SECONDARY EDUCATION IN MIDDLE EAST
Manipur CM urges students to shun agitation, choose dialogue to resolve crises
Manipur Chief Minister Yumnam Khemchand Singh inaugurated an AI-Enabled Career Intelligence Hub for student career guidance. He urged students to avoid agitation and focus on dialogue to resolve conflicts peacefully. Singh highlighted the importance of honesty, sincerity, and hard work in shaping future careers and aspirations.
Gold drops as strong US payrolls boost dollar, yields
In light of stronger-than-anticipated US payroll figures, gold prices dipped significantly as the data suggested a robust labor market. This development heightened expectations for sustained high-interest rates from the Federal Reserve, bolstering the dollar's strength. Spot gold saw a decline of 0.3% to reach $4,074.36 per ounce, while US gold futures fell by 0.9%. However, Indian retail demand picked up ahead of Diwali festivities, taking advantage of the lower prices.
Mphasis posts 19.6% growth in Q2 profit at Rs 561.1 crore
The Bengaluru-headquartered company's revenue for the three months ended September 30 rose 17.4% from a year earlier and 4.5% sequentially to Rs 4,580.9 crore.
British Airways parent profit drops on higher fuel costs
IAG, the owner of British Airways and Iberia, said Friday that its net profit dropped more than 12 percent in the third quarter on soaring fuel costs and flight disruptions caused by the Middle East conflict. The group said its overall flight capacity had been hit "by cancellations due to the conflict in the Middle East, together with aircraft availability linked to engine issues and disruption related to air traffic control disruption".
Iran Guards say two tankers caught fire in Hormuz
On Friday, Iran's Revolutionary Guards reported a fire involving two oil tankers in the Strait of Hormuz. This incident came soon after claims that five other tankers faced similar mishaps just a day prior. The Iranian military indicated these vessels struck mines while navigating unauthorized routes, though maritime officials have yet to confirm these events. In reaction, the U.S. has enacted a blockade on Iranian ports.
CBSE Date Sheet 2027: When will class 10, 12 timetable be released? Check expected exam dates, practical schedule and how to download PDF
CBSE is anticipated to release the date sheet for the 2027 Class 10 and Class 12 exams. These examinations are expected to occur from February to April 2027. Practical assessments for these classes will begin earlier in November 2026 and January 2027. Students should check the official CBSE website for updates and official announcements regularly. The official timetable will be accessible for download once released from cbse.gov.in.
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Asia fuel oil benchmarks slump as market prices in potential Iran war de-escalation
Asian fuel oil benchmark prices underwent a steep decline this week, driven by expectations of heightened supplies from the Middle East. The shifting political landscape in the US Congress has ignited hopes for peace talks in the region. Simultaneously, enhanced supply conditions, particularly from UAE fuel oil exports, have emerged. While freight rates have shown some easing, they still exert pressure on cargo movements from Europe to Asia.
Middle East crude oil premiums tumble to pre-war levels amid ample supply
Middle Eastern crude exports have increased in September and October, leading to declining spot premiums. Dubai's cash premium to swaps fell to 65 cents a barrel before recovering slightly. Murban crude exports reached a record of 2.4 million barrels per day in September. Asian refiners have shown reduced purchasing interest due to cooling refining margins. Competition with West African crude is intensifying as sellers offer steeper discounts to attract buyers.
US midterms upended Congress but Trump still commands foreign policy
Following the Republican Party's recent electoral losses, President Trump's domestic influence appears to have diminished significantly. Despite these setbacks, Trump retains considerable freedom to implement his foreign policy agenda. Democrats are poised to seek increased oversight of Trump's actions, especially concerning Iran and Israel. Challenges may arise as Trump continues to navigate these international affairs amid growing scrutiny.
AI selloff drags Nikkei lower despite broad-based market gains
Japan's Nikkei 225 fell 0.5% on Thursday as losses in AI and semiconductor stocks offset gains across the broader market. Concerns over a potential slowdown in data centre investments weighed on chipmakers, even as falling crude oil prices lifted the Topix 1.3%, with real estate, retail and pharmaceutical stocks leading gains.
Toyota raises annual profit outlook by 15% as hybrid demand, weak yen boost earnings
Toyota Motor raised its full-year operating profit forecast by 15% after reporting a 34% year-on-year increase in quarterly profit, its first rise in six quarters. A weaker yen and strong hybrid vehicle demand helped offset declining sales in China and the Middle East.
Bengal govt to include Syama Prasad Mookerjee in school curriculum, drop Singur chapter
West Bengal's government plans to introduce lessons on Syama Prasad Mookerjee in the school curriculum. The chapter discussing the Singur anti-land acquisition movement will be removed from Class 8 textbooks. Information and Communication Technology will also be added as a subject for students in Classes 5 to 8. The government is currently considering rescheduling upcoming Madhyamik and Higher Secondary examinations to avoid conflicts.
South Korea to expand anti-piracy unit operations closer to Strait of Hormuz
South Korea is planning to broaden the operational area of its Cheonghae unit in the Middle East. Following pressure from Donald Trump, the government aims to submit a parliamentary motion for an extended deployment. The operations will include waters near Oman’s Duqm port, significantly closer to the Strait of Hormuz. Additionally, the country will deploy a P-8A maritime patrol aircraft and increase personnel.
Uber's profit forecast disappoints as driver shortages, Middle East conflict hurt
The company is responding by spending more to recruit and retain drivers, a cost that will be watched closely because it comes as the company also funds a major push into autonomous vehicles and a string of acquisitions.
MRPL boosts delivered oil buying as Iran war raises shipping risks
Mangalore Refinery and Petrochemicals Ltd plans to increase crude oil purchases on a delivered basis. This strategy aims to reduce shipping risks related to the ongoing Iran war. The company is also looking to diversify its crude sourcing to maintain full refinery capacity. CFO Devendra Kumar expressed hope for annual supply deals with Middle Eastern oil producers. Additionally, MRPL's fuel exports may decline as local consumption is projected to rise.
Oil slide, Treasury strength boost Indian bonds
Indian government bonds experienced an increase due to a significant decline in crude oil prices. A Democratic sweep in the US midterm elections raised hopes for peace in the Middle East. Traders responded positively, adding positions in government bonds as yields softened. Concerns about inflation risks diminished as investors anticipated a delay in interest rate hikes. Market dynamics indicate that Qatar-led mediation efforts are being monitored closely amid these developments.
Iran US War to resume in full scale in Middle East? American strikes in Strait of Hormuz on Midterm election results day raise fears
Iran US war: Thousands of U.S. troops remain in the waters off Iran to maintain a naval blockade aimed at preventing tankers carrying Iranian oil from reaching the global market. Another aircraft carrier and thousands of additional troops are also on their way to the Middle East.
Tencent partners with Cyberlite India to support research programme on gaming career
"We are pleased to support Cyberlite India in leading this research. Local perspectives are important for understanding how information about video game careers can be made more useful to students, families and educators," Judy Wong, Country Manager (India), Tencent, said.
European shares fall as tech stocks slide, Middle East tensions weigh
European shares declined as technology stocks led losses amid concerns over AI valuations and escalating US-Iran tensions. Rising oil prices added pressure, while stronger earnings expectations lifted healthcare stocks, with Bayer gaining 6% after raising its 2026 profit outlook.
Europe stocks slip on AI concerns, escalating Iran tensions
Asian tech benchmarks came under pressure earlier in the day as investors reassessed the sustainability of the AI-driven rally following disappointing results from major US hyperscalers in the previous week, raising concerns that the sector has become overvalued globally.
West Bengal board proposes shifting 2027 Madhyamik exams from February to March
The West Bengal Board of Secondary Education has proposed a change in the 2027 Madhyamik examination schedule. They suggest rescheduling the exams from February 15 to 25 to March 2 to 16. This change is due to the deployment of teachers for the upcoming Census exercise. The Census will take place from January 25 to February 28 next year.
Oil Price Today (November 3): Crude oil rebounds to $105 as fresh attacks outweigh peace talks. What are experts saying?
Crude oil price : Oil prices experienced a slight increase following reports of a US strike on Iran's Qeshm Island. Concerns have risen regarding the potential escalation of the ongoing conflict in the Middle East. Goldman Sachs has revised its oil price forecasts upward, contemplating a possible future increase to $140 per barrel. Meanwhile, Tehran continues discussions with the US to seek peace despite ongoing military tensions.
Oil rises after report of US strike on Iran's Qeshm Island
Oil prices have surged in reaction to reports of a US strike on Iran's Qeshm Island, sparking fears of significant supply interruptions. Previous drops in prices on Monday have been overshadowed by this escalation, reinstating a risk premium in the market. Diplomatic negotiations between Iran and the US, facilitated by Qatar, ended without notable advancement, while looming midterm elections exacerbate tensions in the Middle East, affecting global oil costs.
Suzlon Energy cuts operating margin guidance to 15%
Suzlon Energy reported a 1.3% year-on-year increase in consolidated net profit to Rs 394 crore for the September quarter of FY27. Net profit in the year-ago quarter stood at Rs 389 crore, excluding a deferred tax benefit of Rs 891 crore that had taken reported profit to Rs 1,279 crore.
Middle East war helps lift Reliance’s oil-to-chemicals earnings to an all-time high
Reliance Industries' oil-to-chemicals sector reported record earnings due to soaring global fuel prices. The firm credited this success to the rise in energy costs and improved refining margins for the second quarter. While rising crude oil and transport fuel prices bolstered revenue, increased procurement and transportation expenses served as a constraint on overall earnings.
Reliance looks to Latin America, North America and the Mediterranean as Middle East oil disruptions put supply chains under pressure
In response to global energy market turmoil, Reliance Industries revamped its crude oil sourcing strategy for the July-September quarter. The company pivoted its petroleum exports to international markets, optimizing profitability. With the Strait of Hormuz and Saudi Arabia's pipeline creating hurdles, Reliance sought crude oil from Latin America and North America.
Escorts Kubota hikes tractor prices as Middle East war fuels cost pressures
Escorts Kubota plans to implement price hikes on its tractor offerings in November 2026. The company cites inflation and geopolitical uncertainties as significant factors influencing this decision. Price adjustments will vary by model, variant, and geographical regions. These changes come after attempts to optimize costs and maintain operational efficiency. The increases aim to address the elevated expenses from manufacturing and logistics challenges.
Asian Paints says Middle East sales held strong even as 'full impact' of cost inflation was felt in Q2
Asian Paints reported a 29.5% increase in revenue from international operations for Q2 FY27. The company's Middle East operations showed strong performance despite geopolitical challenges affecting business. Net sales at the consolidated level rose by 16.9%, while profit margins experienced a slight decline. Persistent inflation led to staggered price increases in their decorative paints sector. Asian Paints aims to enhance cost-efficiency in response to ongoing market pressures.
World Bank sees commodity prices surging 23% in 2026 on Middle East war
Commodity prices were projected to rise 23% in 2026 as the Middle East war disrupted energy supplies and shipping, while grain disruptions and safe haven demand pushed food and metals prices higher. The World Bank warned that further conflict escalation and a severe El Niño could intensify inflation and food security risks.
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