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Tuesday, October 20, 2026English edition
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The Geopolitician

Country risk, from the local press

India · Country watch

Qualcomm Job Cuts, IMD Rain Alert, Stock Market Closed

Qualcomm announces global job cuts, severe rain alert issued for 18 states, and Indian stock markets close for Dussehra.

· · 8 sources

The picture Deteriorating

Business conditions in India are deteriorating due to Qualcomm's global job cuts impacting technology employees, and severe weather warnings disrupting logistics and agriculture in 18 states.

Flare-up watch: Watch — India country watch →

In this briefing India Meteorological Department · Cristiano Amon · Qualcomm · Bombay Stock Exchange · National Stock Exchange of India

Regulation

Nothing significant reported today.

Disruption

Nothing significant reported today.

Internal tension

Nothing significant reported today.

Safety & health

  • Logistics
  • Agriculture

IMD issues severe rain alert for 18 states on 21 October

grayscale photo of black car on road
Arjun MJ / Unsplash

The India Meteorological Department (IMD) has issued a severe rain alert for 18 states, including Uttar Pradesh, Bihar, and Delhi-NCR, for 21 October, according to NavBharat Times. The alert warns of heavy rainfall and winds reaching speeds of 60 km/h. This weather could impact transportation and agricultural activities in the affected regions.

Impact Logistics and agricultural operations in 18 states risk disruption due to severe weather.

Watch IMD updates the weather alert on 21 October. · 21 October 2026

Sources: NavBharat Times ↗

Companies

  • Technology

Qualcomm to cut jobs globally, CEO Cristiano Amon announces

The headquarters of Qualcomm in the La Jolla area of San Diego, California. Photographed on December 26, 2015 by user Coolcaesar.
The headquarters of Qualcomm in the La Jolla area of San Diego, California. Photographed on December 26, 2015 by user Coolcaesar. Coolcaesar, CC BY-SA 4.0 via Wikimedia Commons

Qualcomm plans to cut jobs worldwide starting in November, according to a memo from CEO Cristiano Amon reported by Reuters. The job cuts follow annual employee reviews and aim to build a stronger performance culture within the company. Qualcomm has not specified the number of employees affected. The decision comes as the company faces challenges in its smartphone chip business, India Today reports.

Impact Qualcomm employees in India face job insecurity as the company plans global cuts.

Sources: The Economic Times ↗, India Today ↗

Markets

  • Finance

Indian stock markets closed for Dussehra holiday

NSE Exchange Plaza
NSE Exchange Plaza Nsewebmaster, CC BY-SA 4.0 via Wikimedia Commons

Indian stock markets, including BSE and NSE, are closed today due to the Dussehra holiday, according to Aajtak. However, the Multi Commodity Exchange (MCX) will open for trading in the evening. The closure affects all trading activities on the stock exchanges for the day.

Impact Traders and investors in Indian stock markets experience a pause in activities due to the holiday closure.

Sources: Aajtak ↗

Trade

Nothing significant reported today.

Politics

Nothing significant reported today.

Also today in India

Sources in this briefing

Sources: each headline links to the original article on the publisher's site.

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The same day elsewhere