The next UN secretary-general will inherit an 81-year-old institution facing questions over its relevance and ability to mediate some of the world’s biggest conflicts. The UN has been sidelined from efforts to end wars in Iran, Ukraine and Gaza, putting reform and a stronger diplomatic role high on the agenda. Meanwhile, Donald Trump has signed an order easing restrictions on tax-free red diesel, saying it could save truckers $100 per fill-up.

India’s drought situation is also widening. Andhra Pradesh has declared drought across 388 mandals in 21 districts, meaning more than half of the state’s administrative blocks are now drought-hit. The move follows similar declarations by Karnataka and Maharashtra as poor rainfall and crop losses deepen concerns. Markets are seeing some sharp moves. Trent shares have jumped 11% after the Tata Group retailer reported strong Q2 revenue growth, even as Citi retains a “sell” call.

Honasa Consumer has also gained 10% after projecting another robust quarter, while the rupee has slipped to ₹96.41 against the dollar amid expectations of continued RBI intervention. In technology, Wikimedia has blamed heavy traffic from suspected “rogue” OpenAI agents for a May data-service outage and unauthorised edits. Meanwhile, technical analyst Mitessh Thakkar has recommended ICICI Lombard and Varun Beverages, while advising investors to sell Avenue Supermarts and IRFC.

Next UN chief faces pressure to reform 81-year-old body and mediate global warsOn Jan. 1, the next United Nations secretary-general will take over an aging organization still controlled by World War II powers.

What will the world need from that person? Once a major player in solving conflicts and crises around the world, the 81-year-old institution has been sidelined from the top table in trying to end the wars in Iran, Ukraine and Gaza. More HereUS President signs order on tax-free red diesel, says truckers can save $100 per fill-upUS President Donald Trump on Monday took his Republican midterm rescue mission to Nebraska, where he signed an executive order to ease limits on the tax-free use of red-dyed diesel, a decision he said would save "millions" for farmers and drive down the cost of all goods with just four weeks to go until the elections.

More HereWikimedia blames OpenAI rogue agents for May data outage, unauthorised editsThe Wikimedia Foundation, which operates online encyclopedia Wikipedia, said heavy traffic from OpenAI's rogue agents was possibly tied to a disruption that its data service experienced in May. In a blog post on Monday, Wikimedia said it could confirm "that we have discovered some activity by these 'rogue' OpenAI agents on Wikimedia platforms".More HereMcDonald's supplier HyFun plans $208 million India IPOMcDonald’s and KFC supplier HyFun Foods plans to raise up to 20 billion rupees in an IPO by late 2028, the frozen-foods maker’s CEO said, betting on surging demand from restaurants, retailers and quick-delivery platforms.

The Indian firm expects to start preparations for the initial public offering in mid-2027, Haresh Karamchandani said in an interview.

More HereTrent shares jump 11% after multi-quarter high revenue growth in Q2, but Citi says 'sell'Shares of Tata Group enterprise Trent Ltd. gained as much as 11% on Tuesday, October 6, as the stock will be reacting to its quarterly business update which it reported after market closing hours on Monday. This is the biggest single-day gain for the stock since August 2024. More HereHonasa Consumer shares jump 10% after projecting another robust quarterly performance in Q2Shares of Honasa Consumer Ltd. gained as much as 10% on Tuesday, October 6, in response to its second quarter business update, where the company guided for the quarter to be another robust one.

This is the second straight day for the stock. In its exchange filing, the company said that the second quarter is expected to be another robust quarter for them. More HereRupee slips to 96.41 per dollar after opening flat; RBI support in focusThe Indian rupee opened largely flat at 96.31 against the US dollar on Tuesday , compared with Monday’s close of 96.30, amid expectations that the Reserve Bank of India will continue to intervene in the foreign exchange market to smooth the currency’s decline. More HereGold, silver prices today: Why US yields and dollar remain key for bullionGold prices were largely steady while silver edged lower in global markets on Tuesday, October 6, as investors assessed the outlook for US interest rates amid elevated Treasury yields and a firm dollar.

On COMEX, gold futures were trading at $4,159.40 an ounce. More HereMitessh Thakkar recommends ICICI Lombard, Varun Beverages; advises selling Avenue Supermarts, IRFCTechnical analyst Mitessh Thakkar from Bonanza Portfolio has shared his trading ideas for the day, offering two buy and two sell recommendations. Among his bullish picks, Thakkar has a buy call on ICICILombard General Insurance with a stop-loss of ₹1,575 and a target price of ₹1,650.

More HereLadli Behna scheme proved costly, says MP CM in a light-hearted exchangeMadhya Pradesh Chief Minister Mohan Yadav made a light-hearted remark about the financial cost of the Ladli Behna scheme during an interaction at the Bundeli Sammelan in Bhopal, saying he had not anticipated the financial responsibility that would come with becoming chief minister. The remark came in response to a question from Bundeli content creator, who asked Yadav what the government planned for daughters after doing much for sisters.

More HereAndhra Pradesh joins Karnataka, Maharashtra in declaring drought; over half of state affectedThe Andhra Pradesh government has declared drought in 388 mandals across 21 districts, with more than half of the state’s administrative blocks now classified as drought-affected amid crop losses and poor rainfall. Of the state’s 688 mandals, 388 have been declared drought-hit. More Here