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Anti-drug activist

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Macro Economy & Fiscal Policy 04 Oct 2026, 10:27 AM IST

Nine Penny Stocks Sink as Much as 57% in Two Months, Exposing Fragility in India’s Low-Cap Segment

A fresh selloff has hit India’s penny stock universe, with nine counters falling as much as 57% over the past two months and 14 names losing between 20% and 57%. Kalind led the decline, while Cropster Agro and PVV Infra also posted steep losses, underscoring the volatility and liquidity risks that continue to define the lower end of the market. The rout comes as investors reassess speculative positions amid a broader preference for quality and earnings visibility.

By RDU Global Wire4 min read
Global Markets & Equities15 Oct 2026, 08:08 PM IST

U.S. Fines Bank of America $1.2 Billion Over Anti-Money Laundering and Sanctions Failures

U.S. regulators have imposed a $1.2 billion penalty on Bank of America, accusing the lender of violating anti-money laundering and sanctions rules in a major enforcement action that underscores the continuing pressure on large banks to strengthen compliance. The fine lands as the bank also reported a sharp drop in third-quarter profit, adding to investor scrutiny over trading, dealmaking and operating discipline.

5 min readRead →
Global Markets & Equities15 Oct 2026, 08:08 PM IST

PJM Grid Emergency Raises Power-Supply Risk Across Mid-Atlantic Markets

PJM Interconnection has issued emergency alerts and maximum generation notices as electricity supplies tighten across the Mid-Atlantic, including the District of Columbia, Maryland and Virginia. The warnings underscore a fragile balance between demand, available generation and transmission constraints, with implications for customers, utilities and power-sensitive markets.

5 min readRead →
Global Markets & Equities15 Oct 2026, 07:06 PM IST

Mid-Atlantic Power Grid Emergency Raises Blackout Risk as PJM Issues Tight Supply Alerts

A widening power grid emergency across the Mid-Atlantic has put utilities, regulators and large electricity users on alert as PJM Interconnection warns of tight supply conditions. The warnings, which have extended across multiple days, underscore how quickly reserve margins can thin when demand rises, generation is constrained or transmission conditions deteriorate. For customers, the immediate message is not panic but preparedness: conserve electricity where possible, expect potential operational changes from utilities and watch for further advisories if conditions worsen. The episode has also renewed scrutiny of grid reliability in a region that serves tens of millions of households and businesses.

6 min readRead →
Global Markets & Equities15 Oct 2026, 04:22 PM IST

Mid-Atlantic Power Grid Emergency Raises Blackout Risk, Roils Markets

A regional power grid emergency across the Mid-Atlantic has put utilities, regulators and large power users on alert as electricity supplies tighten and operators warn of elevated reliability risk. The situation underscores how quickly weather, demand spikes and generation constraints can ripple through the grid and into markets, especially in densely populated states tied to the PJM Interconnection network.

5 min readRead →
Healthcare, Pharma & Life Sciences15 Oct 2026, 02:39 PM IST

Punjab Bandh Over Anti-Drug Activist’s Murder Forces Market Closures, Disrupts Private Schools

Markets and private schools remained shut in several parts of Punjab on Friday after a bandh call backed by the family of anti-drug activist Jhota and supported by multiple political parties. The shutdown reflects rising public anger over the killing and has intensified pressure on authorities to respond to concerns about drug-related violence and law and order.

5 min readRead →
India Entertainment & Culture15 Oct 2026, 02:19 PM IST

Actor Imran Khan Issued Notice, Told to Leave India by October 28 After Anti-CEC Protest

Actor Imran Khan has been issued a notice and asked to leave India by October 28 after authorities initiated action under Section 7 of the Immigration and Foreigners Act, senior officials told The Hindu. The move follows his participation in an anti-CEC protest at Mumbai’s August Kranti Maidan on October 10, where demonstrators demanded the resignation of Chief Election Commissioner Gyanesh Kumar.

5 min readRead →
Global Markets & Equities15 Oct 2026, 02:39 PM IST

FDA Moves to Tighten Rare-Disease Drug Reviews as New Leadership Seeks Consistency

The U.S. Food and Drug Administration is advancing a new rare-disease framework that could reshape how experimental treatments are designed, reviewed and approved. The initiative signals a shift toward greater consistency and broader evidentiary standards, a move that may raise the bar for developers while potentially improving regulatory predictability.

6 min readRead →
Global Markets & Equities15 Oct 2026, 02:19 PM IST

Verastem Says Early RAS Drug Data Set a New Bar in Pancreatic Cancer

Verastem Oncology says early clinical data for its KRAS G12D-targeting drug showed responses in pancreatic cancer, a notoriously difficult disease with few effective options. The update comes as the company raises capital and advances the program toward a pivotal phase III study, sharpening investor focus on whether the drug can emerge as a meaningful competitor in one of oncology’s most competitive races.

5 min readRead →
Global Health & Biotech15 Oct 2026, 08:50 AM IST

FDA Moves to Tighten Rare-Disease Drug Reviews as New Leadership Seeks Consistency

The U.S. Food and Drug Administration is preparing a broad reset of how rare-disease medicines are evaluated, with new leadership signaling a push for a more consistent, fit-for-purpose framework that could reshape development standards across the sector. The initiative is likely to affect trial design, evidence expectations and manufacturing oversight, with implications for biotech valuations and the pace of future approvals.

5 min readRead →
Global Markets & Equities15 Oct 2026, 08:30 AM IST

Unapproved Ultra-Potent Weight-Loss Drug Raises Safety Alarm as Black Market Sales Spread

A new generation of experimental weight-loss drugs is drawing intense attention from patients and investors, but one of the most powerful candidates has not yet won regulatory approval. Reports that illicit versions are already circulating online and through informal channels are raising urgent concerns about contamination, dosing errors, and potentially fatal misuse. The episode underscores how quickly demand for breakthrough obesity treatments can outrun the safeguards meant to protect consumers and markets alike.

5 min readRead →
Global Markets & Equities15 Oct 2026, 06:47 AM IST

Verastem Says Early RAS Drug Data Sets New Bar as It Raises $250 Million

Verastem Oncology is pitching its early pancreatic cancer data as a potential benchmark-setting readout in one of oncology’s most difficult markets, with chief executive Dan Paterson saying the company’s RAS-targeted program has delivered encouraging signs. The disclosure comes alongside a $250 million equity raise, underscoring both the scientific promise and the capital intensity of advancing a late-stage cancer pipeline.

5 min readRead →

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