India · Country watch
US Bond Yields Impact India, Red Alert in Uttarakhand
Rising US bond yields threaten Indian investments, while heavy rains trigger red alerts and school closures in several states.
In this briefing Uttarakhand · Bihar · Odisha · US Treasury · Indian Market · BSE Sensex · Nifty 50 · Axis Bank
Regulation
Nothing significant reported today.
Disruption
Nothing significant reported today.
Internal tension
Nothing significant reported today.
Safety & health
Red alert issued in Uttarakhand, flood threats in Bihar
Heavy rains have led to red and orange alerts in several districts of Uttarakhand, with schools closed in Uttar Pradesh due to safety concerns, Aajtak reports. Rising water levels in Bihar and Odisha pose flood risks, prompting emergency teams to be on high alert. The weather conditions are affecting daily operations and logistics in these regions.
Impact Logistics and public services in affected states face disruptions due to severe weather.
Sources: Aajtak ↗
Companies
Nothing significant reported today.
Markets
US bond yields rise, impacting Indian markets
US treasury bond yields have reached record levels, with the 10-year yield at 5.18% and the 30-year at 5.47%, according to NavBharat Times. This rise makes US dollar assets more attractive, increasing the risk of capital outflows from emerging markets like India. The situation has raised concerns in global markets about potential impacts on foreign investment in India.
Impact Foreign investors may withdraw funds from India due to more attractive US yields.
Sources: NavBharat Times ↗
Sensex rises 315 points, Nifty above 23,100
The Sensex closed 315 points higher, with the Nifty ending above 23,100, according to India Today. Axis Bank shares rose by 3%, contributing to the market's positive performance. The rise in indices suggests a temporary recovery amid broader market concerns.
Impact Investors in Indian equities see gains as major indices rise.
Sources: India Today ↗
Trade
Nothing significant reported today.
Politics
Nothing significant reported today.
Also today in India
- SIR row: Jantar Mantar entrance barricaded ahead of protests; Gaurav Gogoi, others detained in Assam — Times of India
- Coastal flood warning as rare nor’easter targets US — The Economic Times
- Nepal faces fresh heavy rain, mudslide threats a month after devastating floods — India Today
- Unease within NDA over EC-SIR row? Three BJP allies seek poll body clarification as opposition keeps up pressure — Times of India
- Fishy U-turn by Bangladesh, stops imports of Gujarat hilsa — India Today
- MoF revises anti-dumping duty on B'desh and Nepal — The Economic Times
- IBC brings stalled homes back to life amid delays — The Economic Times
- India FDI hits record $94.53 billion in FY26 — The Economic Times
Sources in this briefing
Sources: each headline links to the original article on the publisher's site.
The same day elsewhere
- Argentina: Electrolux Closes Plant; Country Risk Surges
- Brazil: Lula Bans Betting, Inflation Surges
- Canada: Ontario Teachers Plan Strike, Islamic Schools Threatened
- China: Beijing Real Estate Rules, EV Tax Resumes, Gold Trading Curbs
- Colombia: Gas Rationing Declared, Diplomatic Break with Iran
- Germany: BASF Eyes Evonik, Tank Rebate Approved, VW Recall
- Spain: Ibex 35 Climbs, Ceuta Military Rules, Diesel Prices
- France: Macron's Fuel Strategy, VW Recall, Climate Protests
- United Kingdom: Beckham's Dividend, Glasgow Labour Dispute
- Iraq: Iraq-Egypt Transport Talks, Iraq-Oman Anti-Corruption Pact
- Iran: Iran's Remote Work Changes, Oil Prices Dip
- Italy: Eni Caps Fuel Prices, Stellantis Halts Production
- Japan: Yen Rises to 156, AI Data Center Scrutiny
- Kenya: Tax Reforms, Flood Preparations, Solar Fines
- South Korea: DMZ Explosions Probe, Chuseok Traffic Jams
- Lebanon: Fuel Strike Looms, Gold Reserves Under Scrutiny
- Morocco: 14 Ministers Win Seats, BAM Revises Forecasts
- Mexico: Hurricane Polo Intensifies, US Diesel Export Concerns
- Malaysia: Malaysia-Indonesia Halal Pact; Severe Weather Hits
- Nigeria: Scrap Dealers Strike, Kwara Solar Grid, Naira Stable
- Netherlands: Merwedebrug Closure, XR Rail Disruption, Fuel Prices
- Poland: Lead in Water Alert, GPW Indices Dip, Evacuation Drill
- Portugal: Fuel Protests Escalate, Influenza Outbreak in Estremoz
- Russia: New Laws in October, Moscow Exchange Drops
- Senegal: Senelec Restores Power, Heavy Rainfall Alert
- Syria: US Lifts Syria Sanctions, Fuel Stations Shut
- Turkey: Emlak Katılım's Moves, SPK Investigations
- Ukraine: ArcelorMittal Shuts Plant, McDonald's Warehouse Hit
- United States: Pentagon Blacklists Anthropic, Treasury Yields Rise
- Vietnam: Vietnam Cracks Down on Counterfeits, USD Weakens