Indian equities sold off sharply on Tuesday after crude oil rose above $100 a barrel and US Treasury yields moved past 5%, weighing on risk appetite. The combined market value of BSE-listed companies fell below $5 trillion to $4.92 trillion, a three-month low, and India’s share of global market capitalisation slipped below 3%. The Nifty dropped 280 points to 23,118.60, its lowest level in five months. Investors are awaiting policy meetings from major central banks for direction.

The Indian rupee slipped to a three-month low on Tuesday, pressured by Brent crude rising above $108 a barrel and the U.S. 10-year Treasury yield breaching 5%. The Reserve Bank of India intervened by selling dollars to curb the currency’s decline. The rupee’s next moves are expected to hinge on oil price swings and the Federal Reserve’s policy decision.

A U.S. judge ordered Paramount and the state attorneys general seeking to block its merger with Warner Bros. Discovery to attend a two-day settlement conference on Oct. 14–15. California Attorney General Rob Bonta previously canceled a scheduled meeting after accusing Paramount of leaking details from an earlier discussion, an allegation the company denied. Under the merger agreement, Paramount would owe a $7 million-a-day ticking fee starting Oct. 1 if the deal has not closed. The court will also hold a Sept. 24 hearing on Paramount’s bid to require plaintiffs to post a $1.88 billion bond tied to that fee.

Trip.com Group reported a net loss of $363 million for the second quarter, or 57 cents per share. Adjusted earnings were $1.07 per share. The company reported revenue of $2.31 billion for the period.

Fresh signs of disruptions to Saudi crude supply sent oil prices sharply higher, with Brent futures up 2.6% to $US108.39 a barrel and WTI futures up 4% to $US105.45. The move weighed on US equities, extending losses across the major indexes. The Dow fell 0.6%, while the S&P 500 and Nasdaq Composite slipped 0.5% and 0.8%, respectively.

The U.S. National Highway Traffic Safety Administration has issued a Special Order directing Tesla to provide a sworn explanation by Sept. 30 for how its Cybercab—built without a steering wheel, pedals or mirrors—complies with federal safety standards. The order contains 21 detailed requests and warns that incomplete or untruthful responses could draw penalties of up to $139 million. The regulator escalated its review within hours of Tesla beginning commercial Cybercab service in Austin on Sept. 3, according to Electrek.

Canadian National Railway reported second-quarter 2026 revenue of $4.8 billion, up 11% from a year earlier. Adjusted diluted EPS rose 11% to $2.08, while revenue ton miles increased 5%. The company declared a quarterly dividend of $0.92 per share, or $3.66 annually, implying a yield of about 2.2%, and lifted the payout by 3% again in 2026. Shares trade around $169.60, valuing the stock at roughly 22 times earnings.

Ford is recalling more than 223,472 model year 2023–2027 F-150 pickup trucks because a fuel tank may not be properly secured, the National Highway Traffic Safety Administration said. The defect could increase the risk of a fire or an engine stall due to fuel loss, and a detached tank could create a road hazard. Ford estimates about 1% of the recalled vehicles are affected.