๐ Elite10: India & World — Top 10 News (14 October 2025)
1. India unveils ₹6.4-trillion hydroelectric plan for Northeast, counters China dam
The Indian government announced a ₹6.4 trillion (~$77 billion) hydroelectric transmission plan spanning 208 large projects across 12 sub-basins in the Brahmaputra region. It includes 64.9 GW of conventional hydro capacity and 11.1 GW from pumped-storage, to be completed in phases till 2047. This initiative comes amid China’s upstream dam-building over the Yarlung Zangbo, seen as a strategic water-security countermeasure. Source: Reuters. ([turn0news38](https://www.reuters.com/sustainability/boards-policy-regulation/india-unveils-77-billion-hydro-plan-china-builds-upstream-dam-2025-10-13/))
2. India, U.S. resume trade talks amid energy import push
India and the U.S. are set to resume trade talks this week to address the tariff standoff and U.S. demands over India’s energy imports from Russia. New Delhi hopes to attract more U.S. investment in clean energy and LNG, while recalibrating export obligations in sectors under pressure from trade barriers. Source: Reuters. ([turn0news39](https://www.reuters.com/world/india/india-us-hold-trade-talks-this-week-washington-source-says-2025-10-13/))
3. Retail inflation in India slips to eight-year low of 1.54% in September
India’s retail inflation fell to 1.54% in September — its lowest in eight years — driven by easing food, vegetable, oil, and pulse prices. Core inflation (excluding food & energy), however, remained elevated at around 4.5%. The print gives RBI room to consider another rate cut in December. Source: Reuters. ([turn0news40](https://www.reuters.com/world/india/indias-retail-inflation-slows-154-september-2025-10-13/))
4. Rupee steadies amid trade jitters; central bank may intervene
The rupee remained in a tight range, hovering around ₹88.74 per dollar, amid mixed global sentiment. With renewed U.S.–China trade tensions stirring, the RBI might step in again to curb excessive depreciation. Bond markets will also watch inflation and fiscal cues. Source: Reuters. ([turn0news41](https://www.reuters.com/world/china/us-china-trade-whiplash-choppy-risk-bumpy-dollar-test-rupee-2025-10-13/)), Reuters. ([turn0search6](https://www.reuters.com/world/china/rupee-may-rely-central-bank-support-bonds-track-inflation-data-2025-10-13/))
5. Indian equity markets dip; Tata Capital listing sees modest debut
Indian benchmarks opened lower as U.S.–China trade risks weighed. The Sensex fell ~0.35%, and Nifty dropped ~0.36%. Tata Capital’s IPO listed at ~1.23% premium over the issue price, signaling investor caution despite interest in marquee issues. Source: Reuters. ([turn0news42](https://www.reuters.com/world/india/india-stock-benchmarks-set-start-flat-tata-capital-listing-focus-2025-10-13/))
6. Air India 787 jets asked to inspect emergency power system after odd deployment
DGCA has directed Air India to inspect the Ram Air Turbine (RAT) power system on several Boeing 787 aircraft after uncommanded deployments were reported. The regulator also asked Boeing to provide a detailed preventive report. Source: Reuters. ([turn0search18](https://www.reuters.com/business/aerospace-defense/india-watchdog-asks-air-india-inspect-emergency-power-system-some-787-jets-2025-10-13/))
7. Small steelmakers cut output amid falling demand and weak prices
India’s small-scale steel sector has scaled down production in response to weaker demand and falling steel prices, highlighting concerns about sustainability amid broader economic cooling. Rising inventory levels and declining margins add pressure. Source: Reuters. ([turn0search10](https://www.reuters.com/world/india/indias-small-steelmakers-cut-output-weak-demand-falling-prices-bite-2025-10-13/))
8. NASA’s Jet Propulsion Laboratory to lay off ~550 employees
NASA announced that its Jet Propulsion Laboratory unit will reduce its workforce by about 550 positions as part of restructuring. The layoffs come amid budget tightening and shifting program priorities, though space missions and operations are stated to continue unaffected. Source: Reuters. ([turn0search22](https://www.reuters.com/business/world-at-work/nasas-jet-propulsion-unit-lay-off-about-550-workers-2025-10-13/))
9. Nobel Prize 2025: Trio awarded for innovation & “creative destruction” in economics
The 2025 Nobel Prize in Economics was awarded to Joel Mokyr, Philippe Aghion and Peter Howitt for their groundbreaking work on how innovation and competition drive long-term growth through creative destruction. Their theories inform policy on growth, technology diffusion and inequality. Source: Reuters. ([turn0search36](https://www.reuters.com/world/mokyr-aghion-howitt-win-2025-nobel-economics-prize-2025-10-13/))
10. Global: Mexico floods kill dozens; speculation rises over Trump–Xi meeting
Heavy rains and flooding in Mexico have claimed ~64 lives, left dozens missing, and displaced thousands — triggering disaster response and speculation over escalating climate impacts. Meanwhile, U.S.–China relations may see a thaw as Donald Trump prepares to meet Xi Jinping in South Korea later this month. Sources: Reuters — Mexico floods story. ([turn0search33](https://www.reuters.com/business/environment/torrential-rains-flooding-leave-least-64-dead-65-missing-mexico-2025-10-13/)), Reuters (Trump-Xi) ([turn0news43](https://www.reuters.com/world/china/trump-track-meet-xi-south-korea-bessent-says-2025-10-13/))
๐ฌ What’s your take on today’s biggest stories? Comment below — your thoughts might be spotlighted tomorrow!
Comments
Post a Comment