A look at the headlines right now:

  1. China suggests India joining NSG is a possibility as long as ‘certain rules are respected’, reports Reuters: The country’s Vice Foreign Minister Li Baodong said China ‘is willing to have further communications with the Indian side, to increase consensus’.
  2. Industrial output falls for second consecutive month in August: Output in capital goods fell a massive 22.2%, while the mining and manufacturing sectors also recorded losses.
  3. Ravichandran Ashwin’s six-wicket haul extends India's dominance on Day 3: At the close of play, the hosts finished with a lead of 276 after bowling New Zealand out for 299 in the first innings.
  4. Two arrested in Tamil Nadu for allegedly spreading rumours about Jayalalithaa’s health: The AIADMK also launched a social media campaign on Monday, urging supporters to help end speculation about the chief minister’s condition.
  5. Oliver Hart and Bengt Holmstrom win Nobel Prize in Economics for their work on contractual theory: Their research has focussed on contracts like insurance claims, property rights and salaries.
  6. Akhilesh Yadav supports Rahul Gandhi’s ‘dalali’ remark about Narendra Modi: The Uttar Pradesh CM said Gandhi must have had his reasons for claiming the prime minister was exploiting the lives of Indian soldiers.
  7. Burqa-clad VHP activist beaten and handed over to police for ‘sneaking into women’s meet’: The man's brother filed a counter-complaint saying the crowd waylaid, assaulted and robbed Abhishek Yadav before handing him over to the local police.
  8. Information technology sector faces worst second-quarter performance in eight years, says Kotak report: Growth has been impacted by ‘broad based’ weaknesses in the banking, financial services and insurance industries.
  9. China ready to join pact with India, Bangladesh to share Brahmaputra water: State-run media The Global Times said the Indian press was 'trying to create a false impression' by linking Beijing's move to block a tributary to the Indus Waters Treaty.
  10. Hillary Clinton trumped Republican rival in US presidential debate, finds CNN poll: The Democrat won the support of 57% of the viewers surveyed, while Donald Trump had 34%.