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Satwiksairaj Rankireddy and Chirag Shetty secured the number one spot in the Badminton World Federation (BWF) Rankings on Tuesday, becoming the first duo from the country to reach the landmark. Following their gold medal win at the men's doubles competition at the recently concluded Asian Games in Hangzhou, 'Sat-Chi', as the duo is known to fans, made a jump of two spots to achieve the top spot. After Prakash Padukone, Saina Nehwal and Kidambi Srikanth, they are the fourth Indians to achieve the top ranking.

The Albanese government will adopt a new definition for “critical minerals” influenced by the needs of Australia’s defence and trade partners, in a move that could drive domestically abundant commodities such as coking coal, bauxite and iron ore onto the list.

Nifty 50 closed at 19,512.35, down 141 points, or 0.72% and the Sensex ended the day with a loss of 483 points, or 0.73%, at 65,512.39. “In the near term, we expect markets to remain volatile amid geopolitical stress and inflationary pressure ahead of CPI data to be released by the US, Europe, and China later during the week," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Also Read: Global markets today: Oil prices jump, investors shun stocks Here are key global cues from Sensex today: Asian markets traded higher on Tuesday following overnight gains on Wall Street.

sugarcane and key ingredient for ethanol productions — as it expects a decline in sugar production in the upcoming season, senior officials said. The curbs on exports are expected to boost the availability of molasses for domestic distilleries, which will help them meet the government's ethanol blending target, said an officer on condition of anonymity. India witnessed the driest August in 122 years with rainfall during the month being 36% below average, causing damage to the sugarcane crop in key cane-producing states such as Maharashtra and Karnataka. In August, the Indian Sugar Mills Association (ISMA) released its preliminary estimate of sugar production for the 2023-24 season at 317 lakh tonnes against 328 lakh tonnes for the current season. The sugar year starts in October and ends in September next year. However, ISMA said it is expected to come out with a more accurate estimate after a satellite assessment of the sugarcane plant by mid-October.

Zoho Corporation expects India to become the company's largest market in the next decade, driven by the country's rapid growth and demographic dividend. «India is the fastest growing market. Even when I reported the September slowdown, our fastest growth is in India. That's very helpful. But globally, there is a substantial slowdown particularly you are seeing in the US...,» said Sridhar Vembu, founder and chief executive of the Chennai-based firm. India is currently the third-largest market for Zoho after the US and European Union.

By Joyce Lee

By Wayne Cole

South Korea's virtual asset market has experienced a significant surge during the first half of 2023, reaching a total market cap of $21.1 billion.

South Korea's largest cryptocurrency exchange, Upbit, was reported to be the target of hacking attempts on over 159,000 occasions during the first half of 2023.

A convicted South Korean crypto fraudster has been sentenced to seven years in prison.

chipmakers, diamond processors and software-services providers. Saturday’s assault has sparked fresh concern about geopolitical risks among investors just when global financial markets were already grappling with the impact of high-interest rates and the slowdown in China’s economy. Oil surged more than 5% while US equity futures dropped in Asia trading, as the risk of the conflict escalating across the Middle East region remains acute. “The Israel-Hamas conflicts over the weekend may escalate geopolitical tensions in the Middle East region, causing risk-off trades,” Tina Teng, an analyst at CMC Markets wrote in a note. “Markets will be concerned about the rippling effects to the region.” The MSCI Asia Pacific Index treaded water as markets in Japan, South Korea and Taiwan were closed for a holiday, while trading in Hong Kong was halted due to a typhoon. Here are some global themes to watch: Technology Chip stocks from Nvidia Corp.

Joe Biden's $6 billion prisoner-swap deal with Iran is now under the spotlight after militant group Hamas, long backed by Iran, staged one of the bloodiest attacks on Israel in years. Some Republicans are trying to link Biden to attack. Nikki Haley, one of the Republican presidential candidate for 2024 polls, alleged that allowing Iran access to the billions of dollars improves its budget situation, letting it use the money elsewhere. «Let's be honest with the American people and understand that Hamas knows, and Iran knows they're moving money around as we speak, because they know $6 billion is going to be released. That's the reality,» she said. US Secretary of State Antony Blinken has however said that there is not evidence yet of «Iran directed or was behind this particular attack, but there’s certainly a long relationship.» Fighting between Israel and Hamas militants continued for the third day, which is likely to drag on. More than 1,100 people have been killed in Palestinian group Hamas's surprise assault on Israel on Saturday and Israel's retaliation.

South Korean cryptocurrency exchange Upbit has been targeted by hackers on more than 159,000 occasions in the first half of 2023, according to its operating firm.

Middle East boosted oil and Treasuries, while the sizzling September U.S. jobs report raised the rate stakes for inflation figures later in the week. Holidays in Japan and South Korea made for thin conditions but the initial bid was for bonds and the safe harbours of Japanese yen and gold, with the euro the main loser. «The risk is higher oil prices, a slump in equities, and a surge in volatility supports the dollar and yen, and undermine 'risk' currencies,» said analysts at CBA in a note. In particular, there was a chance oil supplies from Iran might be disrupted, they added. «Given the tightness already facing physical oil markets in Q4 2023, an immediate reduction in Iran's oil exports risks pushing Brent futures above $US100/bbl in the short term.» Israel pounded the Palestinian enclave of Gaza on Sunday, killing hundreds of people in retaliation for one of the bloodiest attacks in its history when Islamist group Hamas killed 700 Israelis and abducted dozens more. The danger of disruptions to supply was enough to drive Brent up $4.24 to $88.82 a barrel, while U.S.

Sensex and Nifty 50, ended over half a percent higher each after the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) maintained a status quo on repo rates and policy stance, in line with expectations. RBI's MPC unanimously decided to keep the repo rate unchanged at 6.5 per cent on Friday. The central bank also retained its policy stance as the "withdrawal of accommodation" with five out of six MPC members voting in favour of this.

BHP chief executive Mike Henry says stronger uranium prices will boost the business case for an expansion of South Australia’s Olympic Dam copper precinct, which would in turn allow BHP to grow its uranium output.

North Korea-Russia border, indicating the North is supplying munitions to Russia, according to a US think tank. Speculation about a possible North Korean plan to refill Russia's munition stores drained in its protracted war with Ukraine flared last month, when North Korean leader Kim Jong Un travelled to Russia to meet President Vladimir Putin and visit key military sites.

Hamas assault on Israel has opened up a new front in the US election campaign as Republicans accuse President Joe Biden of being soft in his defense of Israel and in his handling of Iran. «I think this is a great opportunity for our candidates to contrast where Republicans have stood with Israel — time and time again — and Joe Biden has been weak,» Ronna McDaniel, chairwoman of the Republican National Committee, said Saturday on Fox News. Americans will choose a new president and control of Congress in November 2024, with Biden, 80, seeking another term in a race that looks likely to pit him against former president Donald Trump as the Republican candidate. Trump used the stunning Hamas attack by land, sea and air at dawn Saturday to target Biden. «The Israeli attack was made because we are perceived as weak and ineffective and with a very weak leader,» he said. Other Republican presidential hopefuls, like Florida Governor Ron DeSantis and former vice president Mike Pence, also dimissed Biden as weak. A stern-faced Biden gave a short speech from the White House on Saturday to stress firm US support for Israel. «Today, the people of Israel are under attack, orchestrated by a terrorist organization, Hamas,» Biden said. «In this moment of tragedy, I want to say to them and to the world and to terrorists everywhere that the United States stands with Israel.

India, with a record haul of 107 medals at the Hangzhou Asian Games, has written a glittering chapter in the country's sporting history, while also giving a strong reason to start dreaming about a best-ever Olympic performance next year in Paris. The 660-strong contingent bagged 28 gold, 38 silver and 41 bronze at the continental showpiece, fetching 37 more medals than at the 2018 Jakarta Games. Indian athletes even surpassed their own expectations in some of the events such as shooting and archery, giving the country its best ever hauls in these disciplines.

₹10 lakh - ₹35 lakh salary range are sought after. During a job change in the auto sector, one can expect a 25% salary increase, which can rise to 50% for those with EV-specific experience. Headhunters are witnessing a surge in demand as automakers diversify their EV product lines.