India will impose a windfall tax on petrol exports of 2.5 rupees per litre and on diesel exports of 8.5 rupees per litre, effective Oct. 16, the government ordered.

Some investors and analysts say ANTHROPIC’s Q3 results could improve its IPO viability but are unlikely to remove concerns weighing on global AI equities. Insiders reported quarterly revenue of $16.8 bln, positive free cash flow and an adjusted gross margin of 85%; the company expects to list by year-end at the latest. Market participants said the numbers highlight demand for AI services but are unlikely to rekindle sector-wide investor appetite as rising bond yields, oil-driven inflation and financing strains at CoreWeave keep pressure on AI stocks, while chipmakers and infrastructure suppliers show signs of slowing profitability.

State Administration for Market Regulation (SAMR) published a list of firms cited for serious illegal and untrustworthy conduct tied to "involution-style" competition, including producing substandard products and issuing false reports.