Canada’s inflation hit 2.4% in September, fueled by soaring grocery costs and less of a gasoline price drop. Shelter expenses also climbed significantly. Despite these pressures, economists note core inflation remains high. Prime Minister Carney is in talks with the US to ease tariffs impacting key Canadian industries and consumers, ahead of a crucial Bank…
Wall Street opened mixed as strong corporate earnings were tempered by concerns over stretched valuations. General Motors surged on upbeat results and raised forecasts, while other companies like Halliburton and Danaher also saw gains. However, tech giants like Alphabet pulled back, impacting the S&P 500.
A new 40% US trans-shipment tariff is set to create significant compliance hurdles for Indian and Asean firms, particularly in electronics and machinery. Moody’s warns of potential supply chain disruptions and increased operational costs if the US adopts a broad interpretation, impacting countries like Vietnam, Malaysia, and Thailand.
Indian markets opened Samvat 2082 with cautious optimism, seeing modest gains in key indices. NSE CEO Ashish Chauhan expressed confidence in stronger performance ahead, citing India’s resilience and domestic consumption growth. Experts predict Nifty reaching 30,000 by next Diwali, supported by a stable macroeconomic environment and potential trade agreements.
India’s industrial and warehousing leasing hit a record 37 million sq ft from January to September 2025, a 28% jump driven by strong demand in Delhi-NCR. Bengaluru and Hyderabad also saw significant activity. This surge is fueled by logistics providers and quick commerce, with businesses prioritizing efficient, modern facilities for supply chain resilience and expansion.
Air traffic controllers, deemed essential workers, are taking on second jobs like driving for Uber and delivering food as the US government shutdown enters its third week without pay. Already facing chronic staff shortages, controllers are working extended hours under immense pressure, leading to increased flight delays and cancellations.
Indian stock markets commenced Samvat 2082 on a positive note during the special Muhurat Trading session. The Nifty and Sensex closed marginally higher, with broader markets showing stronger gains. Experts anticipate a brighter, more stable year ahead, driven by domestic fundamentals and potential reforms, projecting significant upside for key indices.
India’s festive season sales shattered records, reaching Rs 5.40 lakh crore in goods and Rs 65,000 crore in services, a 25% surge from last year. Lower GST rates and a strong ‘Vocal for Local’ push fueled this boom, with consumers favoring Indian products. This success highlights a robust rebound in retail and consumer spending.
India is poised to lead Asia-Pacific office space growth in 2026, with Bengaluru, Hyderabad, and Delhi-NCR adding the most Grade-A supply. This surge, driven by global capability centers and multinational firms, positions India as a strategic investment destination with a skilled workforce and growing infrastructure.
