Foreign institutional investors have withdrawn nearly $40 billion from Indian equities in the last two years and, according to Bernstein analysts, have 'little reason' to invest for the long-term, though they may 'return to trade'. The brokerage highlights challenges such as struggling large-caps, disruption from new technologies, and difficulties accessing small- and mid-caps (SMIDs) at an institutional scale.
Indian Olympic Association president P T Usha has voiced strong objections to the Aichi-Nagoya Asian Games organisers' decision to forgo a conventional Athletes Village, opting instead for dispersed accommodation including a cruise ship. Usha, a former Asian Games athlete, highlighted the importance of a centralised village for athlete interaction and expressed concerns about logistical challenges and venue distances. She believes the traditional village system will endure despite this experiment and shared her excitement for India's performance and future hosting ambitions.
A five-storey building housing a boys' hostel in Satya Niketan, South Delhi, collapsed, resulting in three student deaths and several injuries. Union Health Minister J P Nadda and Home Minister Amit Shah have assured support and are monitoring the situation. Rescue operations are ongoing, with many feared trapped, and an investigation into the building's owner is underway.
The Oppo K14 Lite combines a large display, a capable camera setup and a sizeable 7,000 mAh battery in a sturdy design.
Finance Minister Nirmala Sitharaman has strongly refuted Opposition allegations that the decision to levy a 0.4 per cent Merchant Discount Rate (MDR) on specific UPI transactions above Rs 2,000 was influenced by external pressure. She clarified that the decision was a professional one made by the payment ecosystem, not a government imposition or a tax on consumers, with collected funds distributed among banks and UPI entities to ensure a sustainable digital payments framework.
The Supreme Court has expressed concern to the Election Commission regarding the "almost mechanical" issuance of notices under the Special Intensive Revision (SIR) exercise in Delhi, urging additional safeguards and clarification on "logical discrepancy" criteria. The court is hearing a petition challenging the EC's process, which has seen millions of voters receive notices, raising practical difficulties and concerns about potential disenfranchisement.
Indian benchmark indices Sensex and Nifty rebounded on Wednesday, driven by a decline in crude oil prices below USD 100 per barrel and optimism surrounding a potential de-escalation of the conflict in West Asia.
A five-storey PG accommodation in Satya Niketan, South-West Delhi, collapsed, trapping numerous students and raising immediate concerns about building safety and construction standards in congested areas. Residents reported a "sudden tremor" and rushed to assist in rescue efforts, highlighting the precarious state of old buildings converted into student housing without proper maintenance or structural checks.
Researchers have developed a new atomic clock using the element lutetium, which they claim is the most stable and accurate in the world. This clock can measure a trillionth of a second precisely and is highly resilient to environmental changes like temperature and magnetic fields, making it a significant advancement in timekeeping technology.
India secured its first shooting gold medal at the Asian Games with Kamaljeet and Suruchi Inder Singh winning the 10m air pistol mixed team event. The victory came after a last-minute decision to replace Kedarling Uchaganve with Kamaljeet due to Kedarling's dip in form. This unexpected pairing set a Games and Asian record, ending India's six-day wait for a top-podium finish in shooting and alleviating pressure on the contingent.
Pune, India, has been selected to host the UCI Road World Championships in 2032, marking the first time the prestigious cycling event will come to the country. This historic achievement is the result of a collaborative bid by the Government of Maharashtra and the Cycling Federation of India, supported by the Government of India, aiming to establish Pune as a premier global cycling destination. The decision was announced at the UCI Congress in Montreal after Pune's successful presentation, highlighting India's growing potential in the sport.
Indian benchmark indices Sensex and Nifty opened higher, extending gains from the previous session, driven by a rally in global markets and a slight cooling in crude oil prices. Optimism around a potential meeting between US and Iranian presidents also contributed to positive sentiment.Later both indices pared gains and were trading in red. Track Sensex, Nifty on September 22.
An Indian-origin engineer couple, Anuradha and Vikas Sinha, have donated $20 million to the University of North Texas (UNT) to establish the Anuradha and Vikas Sinha College of Artificial Intelligence and Advanced Analytics. This significant gift aims to create new opportunities for students and faculty, focusing on building and deploying intelligent systems and understanding their operation within human contexts. The donation underscores the couple's belief in education and immigrant contributions to the American dream, supporting leadership, scholarships, professorships, research, and entrepreneurship.
India's student housing shortage is widening, but high land costs, weak rental yields and regulatory hurdles are keeping organised developers away.
A Delhi University student, Arpit, was among seven people killed in a building collapse in Satya Niketan. The story highlights the profound grief of his mother, who had a premonition, and his friends, who mourn unfulfilled plans. The building owner has been apprehended, and a magisterial inquiry is underway.
Following a tragic building collapse in Satya Niketan that claimed five lives, the Municipal Corporation of Delhi has ordered the immediate sealing of all illegal constructions with more than four floors and vowed strict action against negligent officials.
A five-storey boys' hostel in Satya Niketan, Delhi, collapsed, killing three students and trapping others, leading to widespread condemnation from opposition parties. Leaders from Congress and AAP criticised both the central and Delhi governments, highlighting inadequate hostel facilities and demanding accountability for student safety.
IIT Bhubaneswar and IIT (Indian School of Mines) Dhanbad have signed a Memorandum of Understanding to enhance research collaboration and academic interactions, particularly in semiconductor and basic sciences. The agreement facilitates joint research projects, doctoral student supervision, faculty and student exchanges, and shared experimental resources, aiming to advance knowledge and create lasting impact.
Fintech company BharatPe has expressed strong support for the government's new Merchant Discount Rate (MDR) framework for UPI merchant transactions, which introduces a 0.4% fee on transfers exceeding Rs 2,000. The company explicitly distanced itself from critical remarks made by its former co-founder Ashneer Grover, clarifying that his views do not represent BharatPe's stance. BharatPe CEO Nalin Negi highlighted that the framework aims to strengthen digital payment economics, protect consumers and small merchants, and expand adoption in underserved markets, with most transactions remaining unaffected.
India's women's 10m air rifle team, comprising Elavenil Valarivan, Sonam Maskar, and Vidarsa Vinod, secured a silver medal at the Aichi-Nagoya Asian Games. This marks India's first confirmed medal at the event, with Sonam and Elavenil also qualifying for the individual final.
Tata Trusts, the majority shareholder of Tata Sons, has stated its firm opposition to the holding company's public listing, revealing that the Tata Sons board will meet again to explore all available alternatives to listing.
Chief Minister Mohan Charan Majhi inaugurated the first 'Odisha T-20 League CM Trophy' at Barabati Stadium, aiming to provide a platform for cricketing talents. The league, with ambassadors like Suresh Raina, seeks to identify rural talent and is supported by a significant government investment of Rs 4,124 crore for sports infrastructure development, including new stadiums and the renovation of Barabati Stadium.
Private corporations in India invested approximately 30.3 trillion in fixed assets during FY25, marking a 7 per cent increase from the previous year, according to the statistics ministry. This growth in private capital expenditure contrasts with a slowdown in government capital spending.
Government sources clarify that the 0.4% merchant discount rate (MDR) on UPI transactions above Rs 2,000, effective October 15, will not be passed on to consumers. The charge, paid by merchants, aims to create a sustainable revenue framework for the digital payments ecosystem, with funds shared among banks and UPI entities. Small merchants using QR codes for up to Rs 1 lakh monthly are exempt.
A three-storey administrative building in Pimpri Chinchwad, Pune, collapsed after a huge mound of garbage, loosened by heavy rains, crashed onto it. At least 16 people are feared trapped inside, and rescue operations are underway.
A joint report by Dell Technologies and Zinnov reveals that despite high ambition, nearly 70% of India's Global Capability Centres (GCCs) are stuck at the pilot stage for AI adoption. Foundational gaps in data, infrastructure, and governance are identified as key bottlenecks preventing the scaling of AI initiatives into enterprise-wide production. The report highlights the need for significant reskilling of the workforce and robust foundations for industrialising AI responsibly.
Mamata Banerjee, who founded the Trinamool Congress through an act of rebellion against the Congress, now faces a similar internal revolt that threatens the very identity of her party. The Election Commission's interim decision to withhold the TMC name and symbol for the upcoming bypolls highlights a deeper struggle for political inheritance. This situation, unprecedented for the party, forces both Mamata's loyalists and rebels to seek electoral recognition without their established identity, marking a significant challenge to her long-standing dominance.
The Olympic Council of Asia (OCA) has dismissed concerns about organisational chaos at the Asian Games, attributing criticisms to attempts to "politicise" the event. Despite widespread issues like accommodation scarcity, lengthy check-ins, and athlete complaints, OCA officials insist challenges are normal and are being handled effectively. They also addressed a diplomatic complaint from South Korea regarding a historical figure at a welcome ceremony and defended cost-saving measures like container-style accommodation.
Chinese President Xi Jinping concluded his three-day visit to the US, stating that his discussions with President Donald Trump had injected "new substance" into the China-US relationship. Both leaders expressed optimism for future cooperation, with agreements reached on certain trade goods and discussions held on AI capabilities.
Families of students killed or injured in a paying guest accommodation collapse in Delhi's Satya Niketan are returning home shattered, questioning the city's safety and warning others against sending their children to the national capital for education.
External Affairs Minister S Jaishankar met US Secretary of State Marco Rubio on the sidelines of the UN General Assembly session in New York. India raised its concerns regarding the recently signed "Lindsey O. Graham Sanctioning Russia and Iran Act of 2026," which authorises tariffs on countries buying Russian oil and gas. Both leaders also discussed bilateral relations, regional priorities, and the situations in the Gulf and Ukraine.
What happens to my money if the market falls off a cliff tomorrow? Sandipan Roy, CIO, Motilal Oswal Private Wealth has the answer.
Tripura Chief Minister Manik Saha announced that the state government has allotted 30 acres of land to the Tripura Cricket Association (TCA) for establishing a modern cricket academy. This initiative aims to provide advanced training facilities for budding cricketers, complemented by the appointment of spotters to identify talent at the village level and the development of all-weather practice grounds.
Oxford United withdrew its "United 93" clothing line and apologised after recognising its association with the 9/11 hijacked flight, accepting responsibility and promising stricter merchandise approval processes.
GMR Aero Technic (GAT) and StandardAero have signed an agreement to establish an authorised service centre in India for on-wing engine support in the Asia-Pacific (APAC) region. This partnership aims to combine StandardAero's engine aftermarket expertise with GMR Aero Technic's MRO capabilities, offering a comprehensive range of specialised engine maintenance services to minimise aircraft downtime and enhance operational efficiency for airlines and operators in the region.
The West Bengal Fire Department has ordered the evacuation of the basement and two floors of a high-rise building in central Kolkata, which houses TMC leader Abhishek Banerjee's office, due to a lack of fire safety measures. The order follows the expiry of the building's fire safety certificate and non-compliance with mandatory regulations, posing a threat to life and property.
India has announced an 18-member squad for the upcoming BWF World Junior Championships in Cairo, Egypt. The team, featuring Asian U-17 champion Tanvi Patri and other promising talents, was selected after trials in Guwahati. India, a bronze medallist in the previous edition, aims for a strong performance, with the tournament introducing new scoring systems for the Suhandinata Cup and individual events.
Nebex, founded by former Axiom Space executives, aims to build commercial infrastructure for the global space economy.
A powerful magnitude 7.1 earthquake has struck Japan's Kumamoto region, prompting a tsunami advisory for the Ariake Sea and Yatsushiro Sea, with reports of injuries, damage, blackouts, and fire.
Indian wrestler Antim Panghal, a two-time senior World medallist and U-20 world champion, expresses her ambition to create records that will never be broken. She reveals her motivation stems from her family and coaches, not personal glory, and discusses her evolving strategy and rigorous preparation for upcoming competitions.
