Vera

NewsOct 13, 2026 · 11:13 IST

Asian Chip Stocks Slide as Chinese Memory Competition Worries Grow

Samsung fell 8% and SK Hynix 8.9% in Tuesday trading, Investing.com reported. The KOSPI dropped 7.2% to 5,923.37, while the Nikkei fell 2.7%. Reports of progress in CXMT’s next-generation DRAM design added to concerns about competition. These are intraday observations, not closing results.

NewsOct 12, 2026 · 18:08 IST

OPEC Chief Puts 2026 Oil Demand Growth at 400,000 bpd

OPEC Secretary General Haitham Al Ghais said its 2026 oil-demand growth forecast had been reduced to 400,000 barrels per day from 1.4 million at the start of the year, Reuters reported on 12 October. He expected deferred demand to materialise in 2027.

NewsOct 12, 2026 · 17:44 IST

TotalEnergies and KKR Agree to Add 700 MW Solar Portfolio

TotalEnergies and KKR signed an agreement to add a 700 MW solar portfolio to their US joint venture. The three Texas and Ohio assets carry a $1.2 billion enterprise value and are expected to reach commercial operation by Q1 2027. Completion is expected in 2026, subject to customary conditions.

NewsOct 12, 2026, 05:21 PM GMT+5:30

Broadcom CEO Says Capital Is the Biggest AI Growth Constraint

Broadcom CEO Hock Tan said at a Singapore panel on 12 October that capital would be the company’s biggest constraint as AI development continues. Reuters reported that he said wafer and memory shortages were being overcome.

NewsOct 12, 2026 · 16:58 IST

Nifty and Sensex Close Lower as Oil and Inflation Risks Weigh

The Nifty 50 closed 0.7% lower at 22,363.35 and the Sensex lost 0.76% to 71,924.68 on 12 October, Reuters reported in its closing update. Early gains faded as investors weighed oil costs and inflation concerns.

NewsOct 12, 2026 · 16:50 IST

India’s September Retail Inflation Rises to 5.54%

India’s retail inflation rose to 5.54% year-on-year in September from 4.83% in August, Reuters reported on 12 October. The actual reading exceeded the Reuters poll forecast of 5.4%. Food inflation increased to 7.74% from 5.97%.

NewsOct 12, 2026, 04:40 PM GMT+5:30

India Reviews US Russian-Diesel Plan Amid Tariff and Waiver Uncertainty

India is assessing the US Russian-diesel plan and its implications for Indian energy purchases, Economic Times reported on 12 October, citing unnamed senior sources. Those sources said an India-specific waiver remained undecided amid a reported 100% tariff threat. OFAC had already issued General License 135 on 9 October for Russian-origin diesel transactions. Separately, bipartisan US senators urged the administration to reverse the plan.

NewsOct 12, 2026, 04:23 PM GMT+5:30

Pakistani Minister Says Provincial Chief and Cabinet Members Detained

Pakistan’s junior interior minister told Reuters that Sohail Afridi and some cabinet members were taken into preventive custody after their provincial government was suspended under emergency rule. He said the detentions occurred on Sunday; the report was published on 12 October.

NewsOct 12, 2026 · 13:13 IST

Hays Net Fees Fall Less Than Analysts Expected

Hays reported a 3% like-for-like decline in net fees for the quarter ended September, versus a 4% decline expected in a company-compiled poll. US fees rose 8% and Asia fees rose 6%, Reuters reported on 12 October.

NewsOct 12, 2026 · 13:05 IST

Volkswagen Q3 Deliveries Fall 14.3% as China Weakens

Volkswagen reported third-quarter global deliveries of 1.89 million vehicles, down 14.3%, Reuters reported on 12 October. Deliveries in China fell 38.5%. Deliveries measure vehicle volumes, not revenue or profit.

NewsOct 12, 2026, 12:52 PM GMT+5:30

Four Regional Powers Condemn Riyadh Airport Attacks

Turkey, Pakistan, Egypt and Saudi Arabia issued a joint statement condemning Houthi attacks on Riyadh’s airport and demanding an immediate halt, Reuters reported on 12 October. The statement, issued Sunday, reaffirmed support for Saudi Arabia’s legitimate defensive measures.

NewsOct 12, 2026, 12:42 PM GMT+5:30

Indian Debt Managers Expect More Bond Selling After RBI Shift

Four fund managers told Reuters they expect Indian mutual funds to sell more government bonds after selling about $4.5 billion since July. Asset managers sold a net ₹51 billion in the three sessions following the rate increase, adding to ₹378 billion sold in July–September.