China’s property bust exposes deep cracks in local government finances: Report

IANS | October 4, 2026 12:53 PM

New Delhi, Oct 4 (IANS) China’s prolonged property downturn has exposed deep vulnerabilities in a local government financing model that relied heavily on land sales and off-budget borrowing, with the resulting fiscal strain increasingly weighing on businesses, workers and economic growth, a report has said.

US urges Ethiopia, Eritrea to show restraint

IANS | October 4, 2026 9:38 AM

Washington, Oct 4(IANS) The United States on Saturday urged Ethiopia and Eritrea to exercise “maximum restraint” amid increasing cross-border tensions, warning that another conflict could trigger a new humanitarian crisis in the Horn of Africa.

Hundreds join India’s Unity Run near Washington

IANS | October 4, 2026 9:30 AM

Washington, Oct 4 (IANS) A large number of Indian Americans gathered at Gravelly Point Park in Virginia for a Viksit Bharat Unity Run organised by the Indian Embassy, combining running, yoga and meditation with a message of fitness and community participation.

Iranian President says enemy failed to achieve economic war objectives

IANS | October 4, 2026 7:26 AM

New Delhi, Oct 4 (IANS) Iranian President Masoud Pezeshkian has said that the government has adopted a new arrangement to manage the “special conditions” facing the country, while asserting that efforts to pressure Iran economically have failed to achieve their intended objectives.