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Indian equities extended their decline on Wednesday, with the Nifty falling below the 22,650 mark as selling pressure persisted at higher levels. Healthcare stocks led the losses, while banks and realty names outperformed, with Kotak Mahindra Bank, InterGlobe Aviation and ICICI Bank among the day’s notable gainers.
A helicopter crash near Montreal has resulted in the deaths of four individuals, raising concerns over aviation safety and regulatory measures in Canada. Authorities are investigating the incident as the community mourns the loss.
Karnataka is stepping up its push to attract Singaporean investment, with Industries Minister MB Patil holding talks with Singapore Minister of State for Trade and Industry Gan Siow Huang on expanding cooperation across advanced sectors. The discussions highlighted opportunities in aerospace, defence, semiconductors, aviation MRO and digital infrastructure, with CapitaLand Investment and ST Telemedia Global Data Centres signalling further interest in the state.
Infrastructure projects worth more than Rs 150 crore each reported a cumulative cost overrun of Rs 2,88,122 crore in August 2026, according to the Ministry of Statistics and Programme Implementation. The latest monthly review shows that while delays and inflationary pressures continue to weigh on large projects, implementation is still advancing, with nearly half of the revised project cost already spent.
India's engineering goods exports rose 24.86% year-on-year in August to $12.32 billion, powered by strong shipments to the US, China and the UK, even as West Asia logistics disruptions weighed on some Gulf markets. EEPC India said the broad-based expansion signals firmer global confidence in "Brand India" and points to improving demand conditions for exporters.
A powerful nor'easter is sweeping across the northeastern United States, bringing coastal flooding, strong winds, heavy rain and widespread travel disruption from Virginia to Maine. New York and New Jersey have declared states of emergency as officials warn of dangerous inundation, power outages and worsening conditions tied to Saturday's full moon.
Iran is escalating pressure on neighboring states after new U.S. sanctions sharply curtailed its aviation links, warning that regional airports could face consequences if they continue to cooperate with American restrictions. The threat underscores how sanctions on Iran's airline sector are rippling beyond commercial aviation and into the geopolitics of the Middle East.
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