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Borrowing costs still too low to cool inflation, economists say in survey

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Service costs will likely grow at a 12.6%yearly rate this year before slowing to 6.2 %in 2027, according to financial experts surveyed by Wolters Kluwer.[ 19659004]Released Oct. 13, 2026

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Dive Brief:

  • The increase in U.S. loaning expenses because August– set off partially by tighter financial policy– is too low to cool inflation or sluggish development, according to a lot of business financial experts (59 %) surveyed by Wolters Kluwer.
  • Rate pressures posture the greatest hazard to the economy, according to the financial experts surveyed. The core individual usage expenses cost index, the Federal Reserve’s favored step of inflation, will likely edge up in coming months and after that relieve somewhat throughout the 2nd half of 2027 while staying above the Fed’s 2% target, according to the study results.
  • “A limiting financial policy position is suitable to guarantee a prompt go back to 2% inflation,” Cleveland Fed President Beth Hammack stated Monday. “Frequent little changes lowers the threats of being blown away course, of an inflationary state of mind taking hold and of taking longer to reach the location” of 2%, she stated in a speech.

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Hammack was among the 12 ballot members on the Federal Open Market Committee who all voted last month to increase the primary rates of interest for the very first time in 3 years, mentioning a run of above-target inflation lasting more than 5 years. The FOMC increased the benchmark rate by a quarter portion indicate a variety in between 3.75% and 4%.

Eighty-four percent of financial experts surveyed by Wolters Kluwer anticipate the reserve bank to increase the federal funds rate as soon as again by a quarter point before 2027, a projection in line with the typical forecast of Fed authorities launched after their September conference.

In spite of increasing rate of interest, financial experts modified as much as 2.9% their quotes for financial development for the 3rd quarter, Wolters Kluwer stated. The financial experts suggested that more powerful customer costs and organization financial investment triggered the 0.4-percentage-point upward modification.

Service costs– with much of it carried towards constructing the facilities for expert system– will likely grow at a yearly rate of 12.6% this year before slowing to a 6.2% yearly gain throughout 2027, according to the financial experts.

AI will at first stimulate gdp development, according to 100% of the economic experts, and 83% stated adoption of the innovation will likewise at first rise inflation, according to Wolters Kluwer.

A quarterly study launched Monday by the National Association for Business Economics likewise revealed financial experts increasing their price quotes for financial development. NABE’s panel of financial experts anticipate 2.1% GDP development throughout this year, 0.1 portion point greater than in a June study.

“Confidence that a financial recession is not impending likewise continued to develop” from the June study, NABE Outlook Survey Chair Yelena Maleyev stated, keeping in mind that almost half of study panelists do not anticipate the next recession to start before 2029.

“The mix of threats is moving, nevertheless,” she stated. “Fewer panelists point out widening geopolitical disputes as the leading disadvantage threat, while the share indicating a financial policy error more than tripled to 18%.”

Nigeria-led G-24 Demands IMF Reforms, Debt Relief, $300bn Annual Climate Funding

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News Investigators/ Developing nations have actually required sweeping reforms of the International Monetary Fund (IMF), enhanced financial obligation relief systems and increased environment funding under Nigeria’s management of the Group of Twenty-Four (G-24).

The needs were consisted of in the communiqué released by the group’s 116th ministerial conference in Bangkok, Thailand and acquired by the News Agency of Nigeria (NAN).

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, chaired the conference held throughout the IMF– World Bank Annual Meetings.

The group required reforms that would enhance establishing nations’ representation in worldwide banks and enhance their access to budget-friendly advancement funding.

It alerted that geopolitical stress, increasing product costs, trade limitations and progressively regular severe weather condition occasions were threatening financial stability.

According to the communiqué, these advancements were raising loaning expenses, compromising currencies and increasing financial obligation distress in emerging markets and establishing economies.

The ministers revealed specific issue about extremely indebted nations battling with minimal financial resources, external funding pressures and decreasing advancement support.

They as a result advised the IMF to speed up reforms of its quota system to show altering financial truths and enhance establishing nations’ ballot power.

It firmly insisted that the reforms need to secure the representation of emerging economies and the world’s poorest nations.

The ministers likewise advised the IMF to embrace higher versatility in developing monetary support programs for nations dealing with financial problems.

They preserved that IMF-supported programs must secure social costs, motivate financial investment and prevent extreme modifications efficient in weakening financial healing.

On sovereign financial obligation, the group cautioned that installing payment commitments were limiting establishing nations’ capability to fund facilities, health care, education and financial change.

“Debt vulnerability is a significant barrier to inclusive development in numerous establishing economies,” the communiqué mentioned.

The ministers subsequently promoted more foreseeable financial obligation restructuring, higher openness, enhanced credit-rating evaluations and more powerful coordination amongst financial institutions.

They invited efforts focused on reinforcing sovereign financial obligation management, consisting of a brand-new debtors’ platform supported by the United Nations Conference on Trade and Development.

The group likewise advised the World Bank to broaden budget friendly funding through ingenious instruments, consisting of warranties, risk-sharing plans and systems for mobilising personal financial investment.

It stressed the value of enhancing domestic capital markets and broadening loaning in regional currencies to minimize foreign-exchange threats.

On environment modification, the ministers required complete application of the worldwide dedication to mobilise a minimum of 300 billion dollars yearly in environment financing by 2035.

They worried that industrialized nations must lead efforts to provide the funding while considerably increasing resources for environment adjustment.

The group even more required more powerful worldwide cooperation versus tax avoidance, earnings moving and illegal monetary circulations that weaken establishing nations’ earnings.

Nigeria’s Permanent Secretary in the Federal Ministry of Finance, Raymond Omachi, chaired the G-24 deputies’ conference previously, while Central Bank Governor Olayemi Cardoso took part in the ministerial conversations.

NAN

N1.5trn federal highway: Magaji hails Bago, Idris for working towards development of Niger

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The North Central zonal youth organizer of the City Boy Movement (CBM), Hon. Suleiman Abubakar Magaji, has actually applauded Niger State Governor, Farmer Mohammed Umaru Bago, and the Minister of Information and National Orientation, Mohammed Idris Malagi, for collaborating towards the advancement of the state.

Speaking at the flag-off and groundbreaking event for the Lambata– Bida– Mokwa– Makera– Kontagora Federal Highway in Bida, Magaji explained cooperation in between stakeholders from federal and state as crucial to sustaining attention on the facilities and financial advancement requirements of states.

He invited the federal government’s 1.5 trillion highway job, which covers a 376-kilometre passage arranged for restoration and dualisation, with enhanced concrete.

“What a much better duo for Niger state. Guv Bago and the Honourable Minister, Mohammed Idris, are necessary voices in the continuous discussion about the advancement and future of our state. We require continual partnership, dedication and attention to efforts that can enhance the lives of our individuals,” Magaji stated.

He kept in mind that the highway might enhance transport links in between neighborhoods, enhance access to markets and help with the motion of farming fruit and vegetables, especially in a state like Niger with significant farming capacity and comprehensive industrial connections.

According to him, tactical facilities financial investment ought to go together with continual attention to farming, education, youth chances and the financial requirements of neighborhoods throughout Niger state.

Magaji likewise acknowledged President Bola Ahmed Tinubu for the task, explaining cooperation in between federal and state authorities as vital to guaranteeing that significant tasks provide long lasting public advantages.

“As stakeholders, our obligation is to motivate positive engagement, identify significant advancement efforts and continue promoting for tasks that straight enhance the well-being of our individuals,” he included.

He advised the pertinent authorities and job supervisors to preserve building quality, make sure reliable guidance and provide the highway within the authorized task structure, keeping in mind that its advantages would eventually depend upon effective execution.

Nigeria Rejects UN Budget Cuts Threatening Development, Peacekeeping

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News Investigators/ Nigeria has actually cautioned versus United Nations spending plan cuts that might weaken advancement, peacekeeping and the interests of establishing nations, firmly insisting that performance needs to not jeopardize the organisation’s obligations.

The caution came throughout the Fifth Committee considerations on the proposed 3.302 billion dollars UN program budget plan for 2027.

Nigeria’s Deputy Permanent Representative, Martin Adamu, provided the nationwide declaration at the conference chaired by the nation’s Permanent Representative to the UN, Ibrahim Jimoh.

Amb. Adamu stated Nigeria supported significant institutional reforms however firmly insisted that restructuring should enhance instead of damage the organisation’s capability to provide.

“Reforms must, nevertheless, stay not just member state-driven, transparent, and inclusive, however need to likewise reinforce the company’s capability to provide on its requireds,” Adamu stated.

The Nigerian representative alerted versus embracing cost-saving procedures that might weaken advancement programs and downside nations in the Global South.

Amb. Adamu required sufficient funding for the UN’s advancement, peacekeeping, peacebuilding and conflict-prevention obligations.

The envoy firmly insisted that suggested restructuring procedures ought to go through extensive and transparent evaluations before application.

He stated such evaluations should think about monetary cost savings along with staffing ramifications, functional repercussions and the organisation’s capability to carry out authorized requireds.

Amb. Adamu especially stressed the significance of safeguarding fair geographical representation within the UN Secretariat.

On advancement coordination, Nigeria promoted sustainable funding for the UN Resident Coordinator System.

“Assessed contributions supply the most foreseeable, sustainable, and fair basis for funding the resident organizer system,” Adamu stated.

According to him, foreseeable funding would likewise decrease institutional fragmentation and enhance the UN’s efficiency at the nation level.

Amb. Adamu declared Nigeria’s dedication to positive settlements and prompt approval of the proposed budget plan.

“Our shared goal is to make it possible for the General Assembly to embrace the budget plan within the recommended timeframe,” the Nigerian diplomat included.

Amb. Jimoh, who chaired the procedures, revealed that Nigeria had actually totally paid its evaluated contribution to the UN’s routine budget plan for 2026.

“I should likewise utilize this chance to thank the president of my nation, Bola Ahmed Tinubu, who had likewise by the other day totally paid his dedication to the United Nations,” Ibrahim stated.

Nigeria has actually likewise made considerable payments towards its UN peacekeeping budget plan commitments, with both payments totaling up to around 6.3 million dollars.

The Committee Chairman prompted other nations to satisfy their monetary dedications quickly and without conditions.

Mr Guterres, providing the budget plan, cautioned that monetary instability continued to threaten the organisation’s efficiency in spite of continuous administrative reforms.

The UN chief divulged that the proposed spending plan represented a decrease of roughly 40.8 million dollars compared to the authorized 2026 budget plan.

NAN

NIPSS Memoir: When Principle Meets Power: By Muhammad Inuwa Ibrahim

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MMA Collage image of cover books of MNI versus MNIPR in NIPSS: Tackling Institutional Bullying and AI in Crisis Communication in Nigeria: Challenges and Prospects,
Collage picture of cover books of MNI versus MNIPR in NIPSS: Tackling Institutional Bullying and AI in Crisis Communication in Nigeria: Challenges and Prospects,

NIPSS Memoir: When Principle Meets Power:

By Muhammad Inuwa Ibrahim

Memoirs hardly ever mix individual reflection with such a direct obstacle to institutional authority as Yushau A. Shuaib’s Mni Versus Mnipr in NIPSS. Throughout its interesting 205 pages, the Managing Director of Image Merchants Promotion Limited states his experience at the National Institute for Policy and Strategic Studies (NIPSS), Kuru, detailing how his involvement in Senior Executive Course 47 (SEC 47) spiralled into debate and eventually withdrawal.

At the core of the book is a clash of expert identities. The title juxtaposes mni (Member, National Institute) and mnipr (Member, Nigerian Institute of Public Relations). Both represent accomplishment, yet their pairing mean a much deeper stress: the battle in between institutional commitment and individual conviction. For Shuaib, the main concern is not just what took place at NIPSS, however whether subscription in a prominent organization must need silence or self‑censorship.

The narrative unfolds in 3 motions– chance, fight and reinvention. Early on, Shuaib reveals appreciation to Vice President Kashim Shettima, National Security Adviser Nuhu Ribadu and after that Chief of Defence Staff General Christopher Musa for facilitating his admission. His enjoyment is palpable, and as he keeps in mind on page 12, the “method to Kuru was lastly opened.” At this phase, absolutely nothing foreshadows the dispute that will later on control the story.

The tone moves greatly in Chapter Six, “Queries and the Breaking Point.” On page 105, he explains a strenuous five‑hour journey to the institute’s Abuja workplace, where he experiences what he calls an “uncommonly tense environment.” He contrasts the unwinded manner of associates with what he views as the careful analysis of directing personnel. Even his see to a little mosque to observe prayers enters into the psychological landscape he states.

His reaction is determined. He picks restraint–“normal discussion, smiles and calm speech”– even as pressure installs. When he gets a 2nd question, he composes, “It did not break me. It clarified me.” This line catches a repeating style: hardship honing instead of reducing individual function.

Chapter Seven, “Suspension and the Fight for Voice,” heightens the dispute. Shuaib remembers the spooky tranquility of 1 May 2025, explaining it as a caution: “Silence is not peace– it is start.” Quickly later, Colonel Mukhtar Daroda, the Monitor‑General, contacts him in a calm however official tone. Already, Shuaib has actually currently considered the possible results– suspension, withdrawal or escalation.

The disciplinary hearing turns into one of the narrative’s specifying scenes. When asked whether he is sorry for anything, he compares being sorry for misconceptions and deserting accurate precision. He accepts the previous however declines to apologise for the latter. He leaves the session with “a bottle of water and an apple,” feeling “entire. Not vindicated.” The minute highlights his choice for downplayed storytelling: peaceful gestures communicating extensive psychological weight.

As the narrative advances, the narrative shifts from dispute to renewal. Chapter Nine presents advancements that reveal his expert journey did not end at Kuru. On page 166, he states Professor Gwarzo’s contribution of a structure in Lugbe, Abuja, to work as a training centre and hostel for the Young Communication Fellowship. This gesture stands in contrast to the earlier institutional stress, recommending that expert development can grow outdoors official structures.

The exact same chapter highlights another accomplishment. On page 179, Shuaib discusses how his research study developed into AI in Crisis Communication in Nigeria: Challenges and Prospects, later on shortlisted for the International Public Relations Association (IPRA) Golden World Awards in Athens. He sums up the lesson succinctly: organizations “might approve chances, however they do not own concepts.”

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Still, the dispute stays unsettled. Chapter Ten shifts the story towards lawsuits. Shuaib explains his choice to look for legal redress, advising his legal representative, Yunus Abdulsalam, SAN, to provide a pre‑action notification to NIPSS. What started as an internal dispute ends up being a wider contest over expert liberty, disciplinary authority and private rights.

To totally value the narrative, it is essential to think about Shuaib’s earlier encounters with public organizations. His 2013 difference with previous Finance Minister Ngozi Okonjo‑Iweala is a noteworthy example. He frames his open letter on senior consultations as part of his dedication to crucial writing, insisting he appreciates the minister. Other accounts, nevertheless, represent the episode in a different way, recommending he declined to apologise and resigned in the middle of allegations of accurate mistakes and pressure methods. This contrast mirrors the more comprehensive pattern in Mni Versus Mnipr in NIPSS: Shuaib sees his actions as principled; critics often see them as confrontational.

Stylistically, the narrative is available and well‑structured. Its chapter headings direct readers through unfolding occasions, and Shuaib’s calm, made up narrative voice provides the book a distinct tone. He hardly ever illustrates himself as upset; rather, he stresses restraint and reflection.

Beyond its individual measurement, the book provides lessons in crisis interaction, track record management and durability. It demonstrates how an internal disciplinary matter can develop into a public debate, formed by contending stories. It likewise highlights the trouble of safeguarding one’s expert track record when institutional authority appears to encounter specific expression.

A Daily Trust evaluation includes additional context, keeping in mind the individual toll– consisting of high blood pressure– and highlighting Shuaib’s capability to finish his AI research study individually within 3 months. These information strengthen the narrative’s wider message: expert problems require not stop intellectual development.

The book’s primary constraint is its restricted engagement with opposing viewpoints. NIPSS authorities appear primarily through Shuaib’s descriptions of their conduct and interactions. Their thinking gets relatively little attention, leaving readers with a comprehensive account of his experience however a less total photo of institutional inspirations.

The legal problems likewise need care. Press reports show that the court declined his difficulty, depending on the privacy endeavor he signed. He has actually indicated his objective to appeal. These advancements highlight that the narrative shows his analysis of occasions, not a conclusive legal or historic record.

There are minutes when his self‑presentation feels excessively constant– determined, principled, positive– with minimal expedition of possible errors or uncertainties. A much deeper engagement with these intricacies may have reinforced the story.

In spite of these constraints, the narrative raises essential concerns: How far should specialised organizations manage the general public expressions of their individuals? What limitations should govern disciplinary powers when declared misbehavior happens outside institutional facilities? And what makes up a reasonable hearing when the procedure is not a law court?

These concerns make the book appropriate to trainees and professionals of public administration, law, journalism and mass interaction. It provides a useful case research study of institutional authority, expert principles and reputational crisis management.

Eventually, Mni Versus Mnipr in NIPSS is an engaging account of an expert journey interfered with by institutional dispute however sustained by decision. Its biggest strength is the author’s capability to turn individual experience into more comprehensive reflection on conviction, responsibility and the limitations of authority. Its biggest weak point is the minimal representation of the opposing side.

The narrative is most gratifying when checked out together with independent reporting and readily available court records. What emerges is the picture of an author figured out to safeguard his voice, even at substantial individual and expert expense. Whether readers concur with his technique or concern it, the book leaves them with an essential concern: when expert development and individual conviction clash, what cost is one going to pay to stay real to one’s concepts?

The Story Behind Mni Versus Mnipr in NIPSS By Nasir Muhammad Sabo

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UFC NIPSS Memoir by Yushau Shuaib
NIPSS Memoir by Yushau Shuaib

The Story Behind Mni Versus Mnipr in NIPSS

By Nasir Muhammad Sabo

Couple of memoirs by Nigerian public figures are as freely confrontational as Yushau A. Shuaib’s Mni Versus Mnipr in NIPSS. In this 205‑page story, the Managing Director of Image Merchants Promotion Limited states his experience at the National Institute for Policy and Strategic Studies (NIPSS), Kuru, and the occasions that culminated in his withdrawal from Senior Executive Course 47 (SEC 47).

The title itself is symbolic. It juxtaposes 2 expert classifications– mni (Member, National Institute) and mnipr (Member, Nigerian Institute of Public Relations)– signalling a male captured in between 2 reputable organizations and identified to protect both his name and his voice.

The narrative traces an increase, a fall and a healing. Early on (p. 12), Shuaib reveals thankfulness to Vice President Kashim Shettima, National Security Adviser Nuhu Ribadu and after that Chief of Defence Staff General Christopher Musa for facilitating his admission. He composes that “the course to Kuru was lastly cleared,” catching the optimism of somebody entering what he thought would be a specifying expert turning point.

That optimism collapses in Chapter Six, “Queries and the Breaking Point” (p. 105). Shuaib explains a gruelling five‑hour journey to the NIPSS Abuja workplace and an environment he calls “heavy.” He keeps in mind that while associates appeared unwinded, the directing personnel enjoyed him with determined, nearly suspicious eyes– even when he entered the little mosque to hope. His reaction was purposeful composure: light discussion, smiles, regular speech. Of the 2nd inquiry he composes, “It did not break me. It clarified me.”

Chapter Seven, “Suspension and the Fight for Voice” (p. 112), opens on May 1, 2025, with what he refers to as a “weird stillness.” He composes that silence “is not peace– it is start.” The Monitor‑General, Colonel Mukhtar Daroda, calls him in a “calm however official” tone, and Shuaib states he had actually currently practiced every possible result: suspension, withdrawal, escalation.

The committee hearing (p. 128) is the narrative’s most remarkable minute. Asked whether he is sorry for anything, he responds that he is sorry for “misconceptions” however not “waiting truths.” He entrusts to a bottle of water and an apple, no decision, and the sensation of being “entire. Not vindicated.”

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The later chapters shift towards renewal– and after that towards lawsuits. In Chapter Nine (p. 166), Professor Gwarzo contributes a big structure in Lugbe, Abuja, to work as a training centre and hostel for the Young Communication Fellowship. The very same chapter (p. 179) records that Shuaib’s research study developed into AI in Crisis Communication in Nigeria: Challenges and Prospects, later on shortlisted for the IPRA Golden World Award in Athens. He concludes that organizations “might give chances, however they do not own concepts.” In Chapter Ten (p. 180), he chooses to “check the human courts” before looking for divine justice, advising his counsel, Yunus Abdulsalam, SAN, to release a pre‑action notification to NIPSS.

The narrative ends up being clearer when positioned in the context of Shuaib’s earlier public clashes. The most popular is his 2013 disagreement with then Finance Minister Ngozi Okonjo‑Iweala. Shuaib frames his open letter about senior consultations as part of a long-lasting routine of crucial writing, insisting he appreciates and appreciates her. A homage in ThisDay provides a various variation: the minister desired an apology, he declined, and he resigned. A defense at the time implicated him of accurate negligence and of trying to push the minister to desert her financial reforms. The very same pattern appears in Mni Versus Mnipr: Shuaib deals with concept as non‑negotiable; critics see conflict. The narrative is for that reason best comprehended as the most recent chapter in a long history of institutional disagreements.

Stylistically, the prose is managed, and the chapter titles are clear and significant. Shuaib’s restraint– displayed in peaceful drives, respectful ask for water and rejection to raise his voice– makes him a supportive storyteller. The book likewise uses helpful lessons on crisis interaction, credibility management and endurance. A Daily Trust customer keeps in mind that the crisis took a genuine toll on him, consisting of high blood pressure, yet he finished his AI research study separately within 3 months. This enhances the narrative’s main claim that function can last longer than a withdrawal letter.

The book’s primary weak point is its one‑sidedness. NIPSS authorities appear primarily as careful faces or official summons, and the reader hears little of the institute’s thinking. The main claims stay challenged. Shuaib argued in court that NIPSS did not have authority to penalize him for material released on an independent platform which accessing his personal e-mails broke his rights. Press reports suggest that the court declined this argument, holding him bound by the privacy endeavor he signed. He has actually stated he will appeal. The narrative is for that reason finest checked out as testament, not a settled finding of reality. Some passages likewise favor self‑portrait, with the storyteller generally calm, right and steady.

Even with these constraints, the book raises major concerns. How far can an elite, security‑minded organization control what its individuals release outside its properties? What counts as a reasonable hearing in a disciplinary procedure that is not a court? Trainees of public administration, law and mass interaction will discover it an important case research study.

Mni Versus Mnipr in NIPSS is a gripping, well‑paced narrative of concept under pressure. It is most fulfilling when checked out together with court records and press protection. It depicts an author figured out to safeguard his voice– even when doing so costs him an organization he when appreciated.

Yobe distributes 160 motorcycles, other items to forest guards

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The Yobe State Government has actually dispersed 160 bikes and other functional products to 886 forest guards released to support security operations throughout the state.

The Secretary to the State Government (SSG), Dr Muhammad Goje, revealed the circulation on Tuesday, stating the products were meant to enhance the working conditions and functional capability of the workers.

The products consist of 900 raincoats, 900 sets of rain boots, 900 blankets, 900 torchlights and 900 mosquito internet.

Goje stated the intervention was made on behalf of Governor Mai Mala Buni to supply extra security assistance and enhance the security of lives and home in the state.

The Commander of the 27 Task Force Brigade, Buni-Gari, Brigadier General M.S. Mukhtar, explained the contribution as a force multiplier that would improve the functional efficiency of the forest guards.

He stated the bikes would enhance movement, extend patrol protection and reinforce fast action to security hazards, especially terrorism, banditry and other criminal activities in the state.

He advised the forest guards to make sensible usage of the devices, especially the bikes, in line with the functions for which they were offered.

The brigade leader ensured locals that the military and other security firms were working to enhance security throughout the state.

He likewise appealed for extra assistance to reinforce operations and allow citizens to perform their day-to-day activities without worry.

Previously, the guv’s Security Adviser, Brigadier General Dahiru Abdulsalam (rtd), stated Yobe was assigned a preliminary batch of 1,000 forest guards under a Federal Government pilot plan.

He stated the employees were drawn from 7 frontline city government locations: Gulani, Gujba, Damaturu, Tarmuwa, Bursari, Yunusari and Geidam.

According to him, 886 workers effectively finished their training in December 2025 before going through additional training under the Nigerian Army.

Abdulsalam stated the workers were released to different areas in March 2026 under the mentorship of the military, especially the 27 Task Force Brigade.

He discussed that the forest guards were developed to assist security companies deal with criminal activities in forested locations and ungoverned areas utilized by insurgents, abductors and other lawbreakers.

The security advisor applauded Governor Buni for the assistance however appealed for extra interaction devices, security gadgets for intelligence event and reconnaissance, and automobiles for administrative tasks and patrols.

He likewise got in touch with the guv to authorize the recruitment of another 1,000 forest guards to enhance the force and extend its operations to other parts of the state.

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Indian National, two others arrested over viral video of physical altercation with truck drivers

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Criminal activity

By Linda Ikeji
13 October 2026, 10:44 pm
2 remarks

Indian National, two others arrested over viral video of physical altercation with truck drivers

The Oyo State Police Command has actually apprehended an Indian nationwide and 2 others in connection with a viral video revealing the supposed attack of 2 truck motorists at Karma Agric Feeds and Foods Limited, situated at Kilometer 12, Lagos-Ibadan Expressway, Ibadan. The suspects make up 2 security operatives connected to the business and an Indian nationwide.

The command’s representative, DSP Ayanlade Olayinka, states initial findings show that the conflict came from a dispute over the parking of a truck that had actually provided items to the business on Saturday. According to the truck owner, Akinpelu Sarafa, 47, the chauffeur challenged a designated parking area over issues that it might harm the truck’s tires. He was supposedly forced to park there, and one of the tires consequently break.

The difference supposedly magnified when the motorist asked for a replacement tire, however the business decreased. In action, the chauffeur presumably utilized his truck to obstruct the business’s entryway, setting off a physical fight including the chauffeurs, security operatives and an Indian nationwide.

The 2 victims have actually been determined as Ridwan Olajide, male, aged 34, and Taiwo Yinusa, male, aged 37. Both were confessed to a healthcare facility in the Academy location of Ibadan for medical attention. As part of efforts to develop the truths, the Investigating Police Officer visited them at the health center and acquired their declarations.”

Olayinka stated the suspects jailed consist of Olowu Oluwadamilare and Sodeke Olamide, both male security operatives connected to the business, and Harjit Singh, an Indian nationwide, male, aged 46, connected with the business. He discussed that examinations are continuous to develop their particular functions in the occurrence and figure out the responsibility of all celebrations included.

He stated the case has actually been moved to the Special Enquiry Bureau (SEB), Eleyele, Ibadan, for more examination and essential action in accordance with the law.

Quack doctor arrested for performing unauthorized medical procedures in Kwara

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Criminal offense

By Linda Ikeji
13 October 2026, 10:43 pm
0 remarks

The Nigeria Security and Civil Defence Corps (NSCDC), Kwara State Command, has actually jailed a suspected quack medical professional, Bello Maruf.

The representative for the command, Ayoola Michael Shola, who divulged this in a declaration on Tuesday, October 13, 2026 stated the suspect supposedly confessed to carrying out numerous prohibited medical treatments.

” On the 13th of October 2026, NSCDC operatives, acting upon intelligence, jailed Bello Maruf, 56yrs, for supposedly running an unauthorised medical center and carrying out abortions without acknowledged medical credentials or a legitimate licence,” the declaration checked out.

“During preliminary investigations, the suspect reportedly admitted to performing multiple abortions but failed to produce any certificate or licence authorising him to practise medicine.

“Medical instruments presumed to have actually been utilized in the treatments were recuperated throughout the operation.

“The suspect will be credited a court of proficient jurisdiction upon conclusion of the examination.”

The State Commandant, Commandant Abbas Ndah Mohammed, declared the Command’s dedication to safeguarding lives, protecting susceptible individuals and making sure that people believed of criminal activities are brought to trial in accordance with the law.

He prompted moms and dads and guardians to work out care over abroad work deals made to youths and gotten in touch with members of the general public to quickly report presumed human trafficking, prohibited medical practices and other criminal activities to the closest NSCDC workplace.

The Command ensures homeowners of Kwara State of its ongoing dedication to public security and requires trustworthy, prompt intelligence to support its operations.

Quack doctor arrested for performing unauthorized medical procedures in Kwara
Quack doctor arrested for performing unauthorized medical procedures in Kwara
Quack doctor arrested for performing unauthorized medical procedures in Kwara

B&T orders electric Sany kit

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Matt Fox, B&T, and Steve Speed, Sany

Matt Fox, B&T, and Steve Speed, Sany

The order makes up 3 SY19E electrical mini excavators, one SY35E electrical excavator and 4 STH625E electrical telehandlers.

Matt Fox, property operations supervisor at B&T Plant Hire, stated, “As client need for low and zero-emission devices continues to increase, purchasing electrical equipment is a fundamental part of our long-lasting fleet technique.

“These new Sany electric excavators and telehandlers will enable us to support a wider range of projects, particularly within urban environments and sites where noise and emissions are key considerations. We have been impressed by Sany’s commitment to developing practical electric solutions, and this investment reflects our confidence in both the technology and its growing role within the construction industry.”

Steve Speed, sales supervisor at Sany UK, stated: “This order is a wonderful recommendation of Sany’s electrical device variety and highlights the growing need for useful zero-emission devices throughout the building sector.

“B&T Plant Hire has a strong reputation for investing in quality equipment and supporting its customers with innovative solutions, and the addition of three SY19E excavators, one SY35E excavator and four STH625E telehandlers demonstrates real confidence in the performance, reliability and productivity of electric construction machinery. We are delighted to support B&T as they continue to expand their sustainable fleet offering.”

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Lincolnshire golf course turned into nature reserve

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A good walk, no longer spoiled

An excellent walk, no longer ruined

The Sandilands reserve has actually formally opened after a six-year program of preparation, assessment, substantial landscaping and environment development.

The website now consists of a network of freshly developed wetlands and substantial planting, available boardwalks, routes and visitor centers, consisting of a coffee shop, more automobile parking, altering location centers, and a neighborhood area.

Newark-based practice Influence Landscape Planning & & Design served as lead specialist and landscape designers for the National Trust, assisting change the 30-hectare website from a landscape when controlled by fairways into a mosaic of wetlands, meadow and seaside scrub created to assist wildlife and nature grow.

Sandilands sits within the Lincolnshire Coastal Country Park and kinds part of the worldwide crucial East Coast Flyway, among Europe’s significant migration paths. Every year, countless birds take a trip along the UK’s east coast in between the Arctic and northern European breeding premises and wintering locations even more south.

Shona Hatton, director at Influence Landscape Planning & & Design, stated: “The opening of Sandilands Nature Reserve marks an amazing turning point, not just for the National Trust however for everybody who has actually added to bringing this enthusiastic vision to life. We are extremely happy to have actually worked together with the National Trust and the broader specialist group to assist change a previous golf course into a growing seaside wetland reserve.

“The completion represents the culmination of years of collaborative effort. Sandilands demonstrates how thoughtful, sustainable design can create lasting benefits for wildlife, visitors and local communities, ensuring this special landscape can be enjoyed for generations to come.”

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3 economic factors determining construction’s winners and losers: ABC

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The gulf in between the winners and losers in the building and construction market is getting broader.

Projects valued at more than $1 billion have actually been taking in the bulk of money invested in nonresidential building and construction this year. A number of those are huge information center tasks, with Associated Builders and Contractors pegging approximately one in 6 companies presently under agreement to deal with those builds. That’s the greatest percentage on record

“Things have actually ended up being more severe,” stated Anirban Basu, ABC chief economic expert. “Parts of the economy that were succeeding before are doing even much better now, and parts of the economy that were challenged, are much more challenged now.”

Basu went over the tale of 2 building and construction markets throughout an Oct. 7 Construction Executive financial projection webinarHere are 3 takeaways from the discussion.

Building and construction competitors is warming up

Professionals are dealing with more competitors today for readily available jobs.

Throughout a current check out to Jackson, Mississippi, Basu stated specialists informed him they were seeing significantly more bidders on tasks than in previous years. Jobs that when drew in 2 to 4 completing quotes now draw as lots of as 12 to 16, he stated.

The increased competitors, paired with greater funding expensesmight press professionals to reduce their quotes to protect work. The relocation would put a lot more pressure on revenue margins.

About 32% of participants surveyed throughout the October webinar anticipate their revenue margins to decrease over the next 12 months, up from 26% in July. The share of professionals anticipating margins to remain the exact same likewise fell from 42% to 34%.

“There is more issue about need for building and construction,” stated Basu. “There’s a greater percentage of companies that have actually seen their stockpile fall substantially.”

Webinar guests determined weaker need in parts of the nonresidential building market. About 21% recognized inadequate need for building and construction services as the leading difficulty, up from 19% from July. Another 17% mentioned tighter task funding conditions, compared to 13% formerly.

“If you’re dealing with information center taskspossibly you do not care a lot since you can simply pass along these expenses, these hyperscalers who do not appear so cost delicate,” stated Basu. “But hotel designers, business designers, let’s state retail area or storage facility designers, they are truly cost delicate.”

Little relief for building expenses

Specialists will require to get ready for another year of raised building expensesstated Basu.

Products costs have actually increased approximately 8% to 9% over the previous year, while labor expenses likewise leapt about 4% to 6% every year, according to the webinar.

Opening the Strait of Hormuz might relieve pressure on oil costs and other building and construction inputs. Basu does not anticipate a significant drop in products rates next year, even if the dispute with Iran were to end.

“I believe the Trump administration is going to double down on tariffs in 2027,” Basu stated. “It suggests that products costs will not get much relief since, naturally, a few of the greatest tariffs fall upon crucial building products– steel, copper.”

At the very same time, Basu does not expect another mass boost next year, in part due to the fact that purchasers can just take in a lot extra expense, he stated.

“I do not believe products rates are going to fall considerably in 2027 vis-à-vis where they are today,” stated Basu. “But they’re not going to increase dramatically either, since at some time individuals simply can’t pay for to purchase these inputs any longer.”

Economic experts anticipate 2027 development

Do not anticipate the U.S. economy to get in an economic crisis next year, stated Basu.

Strong costs on expert system facilities and energy jobs must still power financial activity in 2027. Federal budget deficit and organization financial investment rewards might likewise assist sustain development, he included.

Basu cautioned the economy is ending up being progressively reliant on a handful of markets and wealthier homes. The dynamic is leaving activity susceptible if tech business choose to draw back on AI-related jobs.

A downturn in financial investment would damage business incomes and stock exchange efficiency, which in turn would damage customer costs and financial strength, he stated.

“It will not take much for that to unwind,” stated Basu. “All you require is a number of hyperscalers to state, ‘we’re not going to invest as much on expert system, we’re going to cut down.'”

He’s bad for Gyokeres: Arteta must drop Arsenal star who was a 4/10 v Lille

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Matt specialises in football analysis, transfer insight and original feature writing across the Premier League, EFL and Scottish football.

A sports writer for 15 years, Matt graduated with a BA in Sports Journalism in 2018 and has developed particular expertise in Arsenal and the wider Premier League while also reporting on clubs including Tottenham Hotspur, Leeds United, Celtic, Rangers and teams across the EFL. He joined Football FanCast as part of its writing team in 2019 before progressing to Assistant Editor and then becoming a Senior Editor in 2021.

His work combines authoritative reporting with data-led analysis, tactical insight and informed transfer assessment. Matt regularly examines how players fit into different systems, what their underlying numbers reveal about their performances and whether transfer targets represent realistic solutions for clubs. His analysis aims to go beyond the headline, explaining not just what has happened but what it means for a team, manager or player.

Matt’s journalism has also appeared through the Press Association, with his work featured by Sky Sports and the Daily Mail. He previously served as Arsenal and Premier League Editor at VAVEL and gained first-hand club-media experience with Chesterfield FC. Over his career, he has interviewed figures including Arsène Wenger, Ray Parlour, Alan Smith, Lucy Bronze and Steph Houghton. Matt’s voice has been heard across Arsenal Fan TV and Love Sport Radio.

Through his reporting, analysis and features, Matt brings readers credible football insight grounded in research, statistics, tactical understanding and years of experience covering the professional game.

Today, Matt leads Football FanCast’s features team as Senior Editor, overseeing the publication’s opinion coverage while helping shape its overall editorial standards and content strategy.

Well, eventually, Arsenal defeated Lille. This was about as far from a vintage European performance you can get but once all was said and done, last season’s finalists had secured a 3-0 victory.

The French side made Mikel Arteta’s men fight hard for their Champions League victory and were good value for a 0-0 scoreline heading into the final third of the match.

sports news Arteta-Giroud-Arsenal-Lille
REUTERS/Hannah Mckay

However, much how things unfolded against Leeds last weekend, Arsenal scored and then rammed home their advantage after a host of subs had been made.

Jurrien Timber and Eberechi Eze both scored their first goals of the season before Bukayo Saka netted his fourth of the campaign.

How Arsenal defeated Lille

One of Arsenal’s key objectives this season is to win the Champions League. To achieve that, however, they will need to play a lot better than they did in the opening 45 minutes on Tuesday night.

For a successive home game, this was a laboured performance, particularly in the final third.

At the back, Mikel Arteta’s side were unnerved. But for a disallowed goal from Ayase Ueda, the visitors didn’t offer up much. Then again, neither did the hosts.

sports news Rice-Saka-Lewis-Skelly-Arsenal-Lille
Action Images via Reuters/Matthew Childs

As usual, everything about the performance was perfect until they got the ball near the penalty area. Time and time again, possession was worked out to the flanks, only for the cross to be overhit.

The final ball was found wanting on far too many occasions but the pendulum swung on 64 minutes when Timber took a brilliant touch inside the penalty area and then lifted the ball over the goalkeeper. Arsenal had woken up at last.

sports news arsenal-v-lille-player-ratings

The next seven mintues saw Arteta’s men play some of the best football they have played all season.

After the opening goal, the boss rang the changes, as he did against Leeds last Saturday. Saka, Martin Odegaard and Kai Havertz all came on. Saka had a devastating impact.

He supplied Eze’s goal inside the penalty area before he turned goalscorer, chopping back onto his left foot and then firing home. They were vital goals for two players who have been criticised in recent weeks for their lack of end product.

In truth, they dug out Viktor Gyokeres and his colleague on the right flank.

4/10 performer is to blame for Viktor Gyokeres’ performance

As usual on a rare start for Gyokeres, one of the biggest talking points at the end of the 90 minutes was about his display.

During the international break, the striker was in red-hot form for Sweden, scoring four goals in four games. Thus, he had arrived back at Colney last week full of beans, full of confidence.

sports news Gyokeres-Sweden
Claudio Bresciani/TT News Agency via REUTERS

After a shoddy display from Havertz against Leeds, Gyokeres deserved his start but he did not take advantage of a golden opportunity and not the first time either.

The Swede has started three times this term but hasn’t made an impact in any game. Against Napoli and versus Ipswich, it was hard not to criticise him. Yet, against Lille this week, he will rightfully be frustrated with his teammates.

Whatever you think about the former Sporting man, the Gunners are not playing to his strengths. The quality of service he received on Tuesday was distinctly average.

Gyokeres vs Lille

Minutes played

65

Touches

12

Accurate passes

6/8 (75%)

Shots

Offsides

1

Key passes

Dribbles

Duels won

1/5

Carries

3

Playing in the number 10, Mikel Merino created just one chance all night, as did Eze and Noni Madueke. What is Gyokeres meant to do with that?

Sure, his movement could be smarter but on so many occasions he was either ignored or totally starved of the final ball.

He will have every right to be annoyed with Madueke. The England international caught the eye on the left flank last weekend but was back on the right in the Champions League. It’s safe to say he shouldn’t start there again anytime soon.

The 24-year-old did supply Timber’s first-class strike but that was the only positive thing he did during his 65 minutes on the field.

He lost possession on as many as 21 occasions from his 58 touches. As a result, it will hardly come as a surprise to learn that Madueke completed just one of his 15 crosses. That statistic is a sorry one to read and sums up the lack of quality the £52m signing has provided since arriving from Chelsea in the summer of 2025.

Madueke’s end product has always been loose but this was exceptionally poor even by his standards. He lost three of his four duels and and only completed 33% of his dribbles.

sports news MixCollage-13-Oct-2026-11-07-PM-6769
REUTERS/Hannah Mckay

We are quick to criticise Gyokeres’ movement and his ability to hold up the ball but when presented with a goalscoring opportunity, this is a player who usually takes it.

Sadly for him, Madueke simply didn’t find him. Arsenal’s number 14 had just 12 touches in the game and didn’t have a single shot. That should be on the club’s wide players.

How North Macedonia’s Inheritance Tax Policy Penalises Childless Heirs

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Liljana Matic, a 70-year-old who lives in North Macedonia’s capital, was surprised when she received a tax assessment from the City of Skopje at the end of August for inheriting the apartment where she had lived for decades with her husband, who is now deceased.

She had expected not to pay anything to transfer the apartment into her name, as they had lived there together from the day they received it as socially owned housing, back in 1986. After Macedonia gained independence from Yugoslavia in the early 1990s and the country transitioned into capitalism, her husband was able to purchase the apartment in 1995. It was registered in his name in the Land Registry the same year.

Immediate family members are generally exempt from inheritance tax, so Liljana Matic had no reason to assume she would be treated differently from anyone else.

She was not even aware that, under the Law on Inheritance, adopted three decades ago, in 1996, she was classified as a second-order heir. The reason the legislation placed her in this category was that she and her husband had no offspring.

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India targets tech resilience, not self-sufficiency, with 20-25-year roadmap, Ashwini Vaishnaw says

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Union Minister Ashwini Vaishnaw said on 14 October that India is planning over a 20-25 year horizon to reduce critical technology dependencies and strengthen its ability to withstand global disruptions.

The minister for railways, information and broadcasting, electronics and information technology also emphasised that the country aims to become a trusted partner across global technology supply chains rather than pursue complete self-sufficiency.

“Things change, politics change, geopolitics play a big role, so we have to constantly calibrate our approach, and we in India are thinking at least 20 years ahead,” Vaishnaw said speaking at the Bloomberg New Economy Forum in the national cpaital on Wednesday. The three-day forum is being organized by Bloomberg Media Group, a division of Bloomberg LP, the parent company of Bloomberg News.

The discussion also featured Cisco Chairman and CEO Chuck Robbins, who said India’s scale and approach of building strategically important capabilities while partnering with trusted companies offered a practical path towards technology sovereignty.

Vaishnaw said India was identifying areas where dependence on other countries could leave its production and economy vulnerable to changing policies and geopolitical tensions.

news Focus on building domestic capabilities: Vaishnaw

The minister said India was setting short-term goals for three to five years, medium-term targets for five to 15 years and long-term goals spanning 20 to 25 years. He added that the focus was on building domestic capabilities in strategically important areas while remaining integrated with global value chains.

Vaishnaw said technology would continue to be a global industry, with supply chains spanning multiple countries. The priority, he said, was to identify strategic dependencies and ensure that partnerships did not compromise India’s resilience.

He highlighted the need to develop the full semiconductor ecosystem, including materials, chemicals, gases and substrate materials, alongside chip design and manufacturing. India’s second phase of the semiconductor programme places greater emphasis on these inputs, he said, adding that building such capabilities required time and sustained effort.

“Without ecosystem, no manufacturing effort will ever pay off,” Vaishnaw said, citing the mobile phone industry as an example of India’s gradual move from assembly to modules and components. He said India was now manufacturing many components needed domestically and had begun exporting some to other countries.

The minister also acknowledged the need to increase research and development spending and improve how it is directed, particularly towards applied research.

news India’s end-to-end 4G telecom stack

He cited the development of India’s end-to-end 4G telecom stack through government-private sector collaboration in three-and-a-half years. The system “is deployed on more than 100,000 towers,” he said.

Vaishnaw also flagged risks from future global financial and technological disruptions, including the effects of artificial intelligence on employment and pressure from debt levels in advanced economies.

“It’s going to bring in a much bigger turbulence because by that time AI would have brought in many other disruptions in the employment sector, in the way people, especially the services industries, the way they work, and the debt levels getting unravelled. All those things are going to be extremely difficult times ahead,” he said.

“Without ecosystem, no manufacturing effort will ever pay off,” Vaishnaw said.

The minister also said India was preparing to strengthen its financial, economic and technological resilience, noting that its public debt-to-GDP ratio had declined from 61 per cent to 55 per cent over the past five years.

(With ANI inputs)

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For about a decade, Livemint—News Desk has been a credible source for authentic and timely news, and well-researched analysis on national news, business, personal finance, corporates, politics and geopolitics. We bring the latest updates on all the listed companies on BSE and NSE, startups, mutual funds, Union ministries, geopolitics, and untapped human interest stories from around the world, helping our readers to stay informed on the latest developments around the globe. Our Coverage Areas 1. Companies: Comprehensive news and analysis on listed and unlisted companies, corporate announcements, corporate chatter, C-suite, business trends, hiring alerts, layoffs, work-life balance, world’s top billionaires and richest and more. 2. Personal finance: Insights into mutual funds, small savings schemes like – PPF, SSY, post office savings scheme, stock to watch, personal loans, credit cards, top bank FDs, real estate, income tax and more. 3. Politics: Comprehensive coverage of general elections, state elections and bypolls, Lok Sabha, Vidhan Sabha, Parliament, PMO, PIB, finance ministry, home ministry, among other union ministries and government departments. 4. National News: From metro cities like Delhi, Mumbai, and e to untapped stories from rural India, we cover human interest, health, education, crime and courts, and law and order, among other areas of public interest. 5. Economy: In-depth analysis of India’s macro and micro-economic indicators like- GDP, inflation, forex, fiscal deficit, current account deficit, interest rate cycle, economic recovery, RBI circulars, indirect taxes, GST, Insolvency and Bankruptcy imports, exports and everything that impacts Indian economy. 6. Geopolitics: Well-rounded and deeply researched coverage on US News, Oval Office European Union, Ukraine Russia War, middle-east crisis, royal families and global leaders like – Donald Trump, Vladimir Putin, Kim Jong Un, Xi Jinping and premiers of other leading economies in the world. Meet the Team 1. Gulam Jeelani, Political Affairs Editor 2. Sugam Singhal, Senior Assistant Editor 3. Chanchal, Assistant Editor 4. Sanchari Ghosh, Chief Content Producer 5. Pratik Prashant Mukane, Chief Content Producer 6. Sayantani Biswas, Chief Content Producer 7. Ravi Hari, Deputy Chief Content Producer 8. Garvit Bhirani, Deputy Chief Content Producer 9. Akriti Anand, Senior Content Producer 10. Jocelyn Felix Fernandes, Senior Content Producer 11. Swastika Das Sharma, Content Producer 12. Mausam Jha, Content Producer 13. Riya R Alex, Trainee Content Producer

‘RBI’s foreign exchange restriction not capital controls’: Governor Sanjay Malhotra

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Reserve Bank of India (RBI) Governor Sanjay Malhotra has said the central bank’s recent foreign exchange curbs are aimed at restricting speculative trades and should not be viewed as capital controls. The clarification comes days after the RBI further tightened foreign exchange norms to streamline trading.

Malhotra reiterated that capital account transactions have been excluded from the recently imposed foreign exchange reserve ratio (FERR) requirements.

“This is in no way a capital control measure,” Malhotra said in an exclusive interview to Moneycontrol, dismissing market concerns that the measures could limit foreign investment flows.

He said non-residents can continue to invest in equities, debt and corporate bonds, as well as through external commercial borrowings (ECBs), and hedge their positions.

Governor On RBI’s Interventions

“In respect of all foreign exchange derivative contracts involving Rupee that are for notional value exceeding $2 million equivalent, authorised dealers shall be required to maintain with the Reserve Bank an FERR in cash, equal to 20 percent of the INR equivalent of the notional amount of each transaction,” the RBI circular dated October 10 said.

The newly introduced FERR will affect foreign exchange derivative contracts involving the rupee, undertaken to hedge current account exposures where the user buys foreign currency against the Indian rupee.

Malhotra stated that the central bank’s interventions constituted regulatory measures rather than capital restrictions, emphasising their purpose of facilitating legitimate hedging activities while discouraging speculative trading.

Tackling Macroeconomic Challenges

He further indicated that the regulatory authority stands ready to implement additional measures to facilitate controlled fluctuations in the rupee’s value.

“So, my confidence comes from, you know, the earlier episodes where every time we have been given a challenging situation, we have come up with our own set of measures, and this time, especially given that our macroeconomic fundamentals are very strong and the resolve is very strong, we shall be able to ensure that we have a stronger external sector,”

SANJAY MALHOTRA, RBI GOVERNOR

On tackling macroeconomics, the governor said that every situation is different; it requires different tools and allows us to improve. The Russia-Ukraine war, for example, prompted us to introduce India’s own set of measures and strengthen our resilience. For COVID-19, that was more of a liquidity challenge. The current situation is more of an external-sector challenge.

“So, my confidence comes from, you know, the earlier episodes where every time we have been given a challenging situation, we have come up with our own set of measures, and this time, especially given that our macroeconomic fundamentals are very strong and the resolve is very strong, we shall be able to ensure that we have a stronger external sector,” he added.

Policy For Stability

Regarding whether the Monetary Policy Committee would increase repo rates to stabilise the rupee, Malhotra refrained from providing a direct response. However, he acknowledged that monetary policy decisions carry implications for financial stability.

The RBI established an initial requirement mandating that banks maintain a 20% cash reserve against foreign exchange derivatives utilised by clients for hedging current-account exposures.

This requirement was subsequently broadened to encompass all rupee-denominated foreign exchange derivatives, including transactions where authorised banks acquire foreign currency in exchange for the rupee to mitigate exposure from their own assets and liabilities.

Malhotra explained that the RBI implemented this reserve requirement following identification of disproportionate speculative activity concentrated on the dollar-purchasing segment of the foreign exchange market.

“We have already taken some measures to this effect. The government has also taken some measures. And if required, together, we will take more measures. But we will certainly ensure that markets are orderly, that there is no excessive volatility, and that there is no excessive speculation; we will do whatever is required to ensure this. We have enough tools in our kit to deploy, and you will not find RBI wanting when it comes to ensuring orderly conditions in the market.”,

RBI GOVERNOR

According to Malhotra, market participants demonstrate excessive pessimism regarding the rupee’s trajectory. He clarified that exchange rate movements result from equilibrium between market demand and supply forces, and the central bank does not pursue a predetermined exchange rate target.

RBI on US Influence In Global Fiscal Space

On the question of US influence in the global markets, he said, “I feel it is primarily dependent on domestic growth and inflation. However, both are affected by external developments, so it is not completely insulated from what happens elsewhere.”

According to Malhotra, what is happening around the world, including interest rates, is something that we do keep in mind while deciding monetary policy, because they have an impact not only on India’s growth and our inflation, but also on the country’s real or neutral rate of interest.

economy news RBI. RBI Governor, Sanjay Malhotra, Reserve Bank of India

RBI Governor Sanjay Malhotra

He said that monetary policy must take these changes into account.

Regarding yields, he explained that elevated yields in developed economies stem from two principal factors: first, the substantial inflation experienced in these regions means that real interest rates may not be proportionally elevated; and second, the considerable public debt burdens in these economies necessitate higher interest rates compared to our own.

Message To Market

Notwithstanding these distinctions, while the fundamental causes may vary across different nations, they nonetheless exert significant influence as previously noted, on global interest rates and capital flows, thereby bearing considerable relevance.

When asked for a message to the markets at large, Malhotra said that the overall message is that we are very optimistic. Not only because of India’s domestic macroeconomic story. According to him, India’s inherent resilience and strength, and our resolve that we will come out stronger through each episode, through each challenge.

“We have already taken some measures to this effect. The government has also taken some measures. And if required, together, we will take more measures. But we will certainly ensure that markets are orderly, that there is no excessive volatility, and that there is no excessive speculation; we will do whatever is required to ensure this. We have enough tools in our kit to deploy, and you will not find RBI wanting when it comes to ensuring orderly conditions in the market.”,  Malhotra added.

Also Read: Rupee opens stronger, falls below 95 for first time since September 8, 2026

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‘RBI’s foreign exchange restriction not capital controls’: Governor Sanjay Malhotra

13 Gardening Stories of Everyday Kindness: a Garden Inheritance Worth Over $280K, Wildflower Honey in Every Mailbox, and 11 Apple Trees That Grew a Family’s Happiness

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  • Grandma left my sister $280K. I only got her abandoned garden and the old fig tree she’d planted the year I was born. That same day, my sister offered me $80,000 for it. Hurt by the will, I refused before she could explain.
    The next morning, the soil under the fig tree was dug up. My camera showed my sister there at 3 a.m., digging. She left holding a small fig sapling, its roots wrapped in a damp towel.
    When I called, she explained. Grandma had promised a rooted shoot to Thelma, her neighbor of 39 years, and Thelma was moving to her daughter’s in Ohio at 6 a.m. So after her hospital shift ended at 2 a.m., my sister dug it up and left it on Thelma’s porch. “I should’ve asked you first,” she said. “I still think of it as Grandma’s garden.”

    The $80,000 offer? A builder had offered Grandma that much for the lot. My sister thought I’d want the money. She wanted the garden because when her husband lost his job years ago, Grandma brought them beans, tomatoes and figs every week, always saying she’d “grown too much.” “That garden fed us for two summers,” she said. “I wanted to do the same for someone else.”

    We decided to restore it together. In the shed we found Grandma’s planting notebook, with 40 years of seeds and harvests in pencil. We added compost and two raised beds, and the next spring we planted Brandywine tomatoes and green beans right where she always had. The garden became our shared hobby.
    Our first basket went to a neighbor recovering from surgery. When she reached for her purse, my sister handed it over and smiled: “We grew too much.”

    That’s when I finally understood Grandma’s will. My sister got $280,000, but I think I got the richer half: a garden that gave me my sister back and keeps spreading happiness all over our neighborhood.

How to watch Churchill’s famous polar bears live

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science news two polar bears on a shoreline

Polar bears resting in Canada’s Wapusk National Park.


Image: explore.org/Polar Bears International

The internet’s favorite Fat Bears in Alaska are not appearing on wildlife cameras quite as much these days. The salmon has been eaten, the Fat Bear Week crown has been won, and it’s time to survive the winter ahead. However,  some other bears from the great white north are getting their close-up.

Explore.org and Polar Bears International run eight different livestreams from Churchill, Manitoba, Canada. Known as the polar bear capital of the world, Churchill’s Wapusk National Park is home to one of the world’s largest concentrations of polar bear (Ursus maritimus) maternity dens. During October and November, viewers can watch bear families wait for sea ice to form.

science news Cape East Camera - Churchill Cam, Wapusk National Park powered by EXPLORE.org thumbnail

Cape East Camera – Churchill Cam, Wapusk National Park powered by EXPLORE.org

Twenty populations of polar bears live in the Arctic. The population living along the Western Hudson Bay is one of the most comprehensively studied and best known. It is part of Canada’s “Seasonal Ice Ecoregion.” In this area of the Arctic, the sea ice completely melts in the summer, typically in July. While the bears may remain sporadically active on land, in the summer, they generally create day beds or curl up in the bush to rest. The pregnant females will often settle in or near their dens for several months to rest where it is cooler and with less mosquitoes. Many of these dens were first excavated by bears generations ago.

In the fall, all of the bears except the pregnant female will increase their activity and move closer to the coast. Here, the bears will hunt for seals once the bay freezes over again. From early October onward, they will gather on the tundra along the shores of Hudson Bay, waiting for ice to form. As soon as the first coastal ice is thick enough to support their weight, they will head out to find seals. They may continue to trek back and forth between ice and land at first, but they primarily head out onto the bay until it begins to thin and they ashore again in the summer.

science news LIVE Arctic Tundra: Cape South - Wapusk National Park | explore.org thumbnail

LIVE Arctic Tundra: Cape South – Wapusk National Park | explore.org

These cameras are one way for scientists and the public to aid in real scientific research. In December 2025, scientists here confirmed that a wild female polar bear adopted a cub that was not her own. This rare behavior was captured on cameras during the polar bear’s annual migration along Western Hudson Bay.

The mother bear (designated as bear X33991) was first spotted in spring 2025, when she came out of her maternity den with one tagged cub. When scientists saw her again in the fall, she had two cubs. One cub had a tag and one did not, indicating that the untagged cub was not hers. The survival rate for a polar bear cub into adulthood is about 50 percent, so only time will tell how this blended family will do.

Viewers can also take a virtual ride on the Tundra Buggy Lodge from two different angles. The lodge is made of tundra buggies that are linked together like a train. This moving hotel includes staff quarters, a dining area, a supply cart, and two carts for guests.

science news LIVE Polar Bear Cam: Tundra Buggy Lodge North – Polar Bears International | explore.org thumbnail

LIVE Polar Bear Cam: Tundra Buggy Lodge North – Polar Bears International | explore.org

By night, viewers can also take in another of the north’s natural wonders with the aurora borealis cam. The northern lights livecam is on top of the Churchill Northern Studies Center and located directly underneath the aurora oval. This spot is considered one of the best places to watch the aurora dance across the night sky. The aurora season is only just beginning, with late winter and early spring being the best times to tune into this camera.

science news Northern Lights powered by EXPLORE.org thumbnail

Northern Lights powered by EXPLORE.org

And if birds are more your thing, a raven cam is streaming from Cape Churchill Wapusk National Park. The resident ravens selected the topside of a radar reflector attached to the Cape Churchill observation tower for their nest. This “cabin in the sky” has also been home to numerous biologists researching the local wildlife since the 1970s. This camera will be switched off at night to preserve power.

science news Churchill Raven Nest Highlights 2021 - 2022 thumbnail

Churchill Raven Nest Highlights 2021 – 2022

The organizations also provide highlight reels to help viewers catch up on what to watch for this winter. Happy polar bear season!

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2026 Popular Science Home of the Future Awards

39 products that will improve your everyday life.

Joni Mitchell Officially Granted U.S. Citizenship After 60+ Years

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tourism Joni Mitchell US citizenship

Photo Credit: Joni Mitchell / Instagram

Joni Mitchell has officially become a U.S. citizen 62 years after first traveling from Canada to the United States—though she’s lived in Southern California since the late ’60s.

Legendary singer-songwriter Joni Mitchell is officially a U.S. citizen, more than 60 years after she first traveled from Canada to the United States. Though the 82-year-old icon has lived in Southern California since the late 1960s, her new citizenship enables her to vote.

Her fellow folk legend and ex-boyfriend Graham Nash was eager to congratulate Mitchell on that fact, commenting on her Instagram post, “Congrats, Joan! Just in time to vote!”

Mitchell was born in Canada and considers Saskatoon her hometown. She first traveled to the U.S. in 1965 with then-husband Chuck Mitchell, and the couple lived in Detroit for several years. Mitchell lived in New York City briefly before relocating to Southern California, where she has remained ever since. She currently lives in Santa Barbara.

Her house in Laurel Canyon, which she purchased in 1968, became a major hub for musicians of the time, including then-boyfriend Nash, as well as David Crosby. Nash himself is originally from England but became a U.S. citizen in 1978.

It is unclear why Mitchell waited so long to obtain U.S. citizenship, though she has said in the past that she considers Los Angeles her “workplace” and her property in British Columbia her “heartbeat.” That said, she only recently returned to Canada after many years away to accept a Lifetime Achievement Award at the 2026 Juno Awards.

Mitchell, a lifelong activist, has made her distaste for the actions of Donald Trump and his administration very clear, expressing to the crowd during a concert at the Hollywood Bowl in 2024 that she wished she could vote in the U.S.

“Fuck Donald Trump. I wish I could vote,” she told the audience. “I’m a Canadian—I’m one of those lousy immigrants.”

Joni Mitchell’s most recent album, Shine, was released in 2007. Since 2015, she has been dealing with the effects of a brain aneurysm, which forced her to relearn everything from walking and talking to playing guitar.

NASA’s Perseverance Mars rover sets distance record

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destinations NASA Perseverance Mars rover selfie photo taken on planet's surface

NASA’s Perseverance Mars rover took a selfie with the Ingenuity helicopter, seen here about 13 feet (3.9 meters) from the rover in this image taken April 6, 2021, the 46th Martian day, or sol, of the mission.


Credit: NASA-JPL

NASA’s Perseverance Mars rover has officially traveled 28.10 miles—farther across another planet’s surface than any other vehicle in history. Not only that, but the six-wheeled science lab accomplished this impressive feat almost entirely autonomously and in barely a third the time it took the previous recordholder.

“The original mission called for no more than 12.4 miles of driving. We’ve blown well past that,” Steven Lee, Perseverance and Curiosity project manager at NASA’s Jet Propulsion Laboratory, said in a statement.

Perseverance began operations on Mars on February 18, 2021, after landing in an ancient river delta selected for potential past microbial life called Jezero Crater. Since then, the rover has slowly but steadily made its way across the region, while conducting multiple sediment drilling surveys. These samples are then chemically analyzed using onboard laboratory equipment before the results are sent back to mission specialists at NASA.

Perseverance surpassed the previous travel record of 28.06 miles set by NASA’s Opportunity rover, before its communications with NASA ended on June 10, 2018. However, it took Opportunity nearly 15 years to accrue its distance while Perseverance exceeded the same mileage in less than six years, and on the 2,006th Martian day (sol) of its mission. Perseverance is currently traveling towards an area named Idubi through an expanse nicknamed “Lac de Charmes.” The region near Jezero Crater’s western rim hosts what may be the oldest landscape ever investigated in the solar system. Mars does not feature tectonic plates like Earth, which means its terrain is never eroded and subsumed into the planet’s substrates.

Mission engineers have not spent the last six years remotely steering Perseverance, either. The rover arrived on Mars equipped with a self-piloting system called AutoNav, which constructs 3D maps of the immediate surroundings to flag any potential hazards. AutoNav then charts a route between specific waypoints chosen by NASA specialists back home. Perseverance has completed 90 percent of its total excursion with AutoNav. Opportunity and its sibling rover, Spirit, only relied on a first version of the piloting system about five percent of the time.

Perseverance has a long road ahead of it, if all goes according to plan. In October, NASA approved the first mission extension that will continue the rover’s operations through about the end of 2028.

“With all mobility systems fully operational and favorable extended-ground-life test results, we expect Perseverance to keep adding to this record for many years to come,” added Lee.

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