✈️ INTERNATIONAL NEWS
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1. India-US air force cooperation: Senior Indian and US Air Force officials discussed joint training during Exercise Tarang Shakti, highlighting continued military engagement between the two countries.
2. Saudi airport attacks: Attacks on Riyadh’s King Khalid International Airport caused deaths and injuries and disrupted air travel. Saudi authorities are investigating security failures.
3. Indian airlines cancel flights: Air India and IndiGo extended cancellations affecting Saudi Arabia amid security concerns following the Riyadh airport attacks.
4. Strait of Hormuz concerns: India condemned attacks affecting the strategically important Strait of Hormuz. Two Indian sailors were reported missing, according to reports published on 12 October.
5. Commerce and Industry Minister Piyush Goyal has called for doubling India-UK Bilateral trade by 2030. Mr Goyal said this while addressing the JETCO Business Plenary under the 16th Session of the India-UK Joint Economic and Trade Committee (JETCO) in New Delhi.
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🌎 WORLD NEWS 🌍
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1. The 2026 Nobel Prize in Economics has been awarded to American economists Robert E. Hall and Michael Woodford for developing macroeconomic models that help policymakers stabilise economies during booms and recessions.
2. Middle East tensions: The attacks on Saudi airports have heightened regional tensions and raised concerns about aviation safety and energy supplies.
3. Two Pakistan Army pilots were killed on Monday when a Mushshak training aircraft crashed near Nawan Killi in Quetta after reportedly developing a technical fault.
4. Air travel disruption: Several international airlines suspended or delayed flights to Riyadh following the attacks.
5. Global oil market: Geopolitical tensions and rising oil prices continued to influence global financial markets.
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