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International Monetary Fund warned of "elevated" risks to global financial system in its latest World Economic Outlook report. It warned that a sharp correction in artificial intelligence investment boom, prolonged Middle East conflict and rising government debt could pose major risks to global economy. It said a steep drop in AI investment could cut global GDP by 1.1% by 2028.

Gold continued to get cheaper as its prices fell for the second day in a row on Tuesday. As per IBJA data, gold prices fell by ₹444 to close at ₹1,47,617 per 10 grams, a day after falling by nearly ₹1,400. Silver also got cheaper on Tuesday as its price fell by nearly ₹1,300 to hit ₹2,19,038 per kilogram.

India has responded after China raised objections over Centre identifying and standardising the names of 28 strategic places and geographical features in the Union Territory of Ladakh for official mapping. Reiterating that Ladakh is an integral and inalienable part of India, MEA said, "No amount of denial by the Chinese side can change this established fact."

Finance Minister Nirmala Sitharaman said government would be keen to hear stakeholders' views on removal of long-term capital gains (LTCG) tax during Budget consultations. She also called debate over securities transaction tax (STT) and treating all asset classes equally healthy. Following her remarks, equity markets continued their recovery, extending gains past 1% mark for both Nifty and Sensex.

The National Payments Corporation of India (NPCI) has postponed the rollout of a 0.4% merchant discount rate (MDR) on UPI person-to-merchant transactions above ₹2,000 until after Diwali, with the revised date to be announced separately. The fee, announced last month, was set to take effect on October 15. NPCI said the decision was taken keeping the festive season in mind.

Flipkart's Big Billion Days is offering jaw-dropping freebies on select purchases, the brand announced. Ray-Ban Meta Glasses, mirrorless cameras and Philips hair straighteners buyers can unlock Apple AirTags, Samsung Fit3 bands, Philips hair dryers or Fujifilm Instant cameras for free. Select mobile case purchases come with buy 1 get 1 benefits. Grab your complimentary product till stocks last.

CJP leaders Saurav Das and Ashutosh Ranka had arrived at Jantar Mantar on Tuesday. Both of them have been detained. They had entered Jantar Mantar by jumping locked gates, a day after the site was removed as official protest venue. Das and Ranka, along with CJP's Abhijeet Dipke, were earlier detained ahead of Saturday's protest and were released on Sunday.

Actor RJ Mitte, who was best known for playing Walter White Jr in Emmy-winning drama 'Breaking Bad', has died aged 34. No official cause of death has been announced by his representatives. Like his character, Mitte had cerebral palsy, which was diagnosed when he was three years old. He won Screen Actors Guild Award for his work on the series.

The price of gold dipped in India on Monday after rising by nearly ₹1,800 on Friday, as per IBJA data. Gold got cheaper by nearly ₹1,400 on Monday as it settled at ₹1,48,061 per 10 grams. Meanwhile, silver saw a smaller dip of ₹814 to settle at ₹2,20,295 per kilogram on Monday, marking a nearly ₹3,900 dip in one week.

India's retail inflation rose from 4.83% in August to 5.54% in September, driven by a rise in food prices, with a 7.74% inflation rate. The key items with the highest inflation in September included onion, silver jewellery, ginger, garlic and lemon. Meanwhile, potato, tomato, motor car and jeep, lady's finger and coconut were the key items with the lowest inflation.