If the new MDR regime is rolled out from the middle of this month, as scheduled, it should count as one of the boldest political actions by the Modi government on an economic-policy issue, and a signal that it is less worried about erosion of political capital it draws from one of its key constituencies, notes A K Bhattacharya.
Delhi Police have apprehended the cousin of a man stabbed to death during an armed robbery, along with other accused and a juvenile. The cousin allegedly tipped off assailants about the victim's cash movements. The police used extensive CCTV and ANPR analysis to trace the culprits, recovering a significant portion of the stolen cash. Three other accused remain at large.
Indian athletes are set for a busy day at the Asian Games on September 27, competing across a wide array of sports including athletics, archery, shooting, boxing, and squash.
Indian benchmark indices Sensex and Nifty continued their upward trend for a second consecutive day, with the Sensex gaining over 800 points, driven by strong performances from heavyweights like Reliance Industries, ICICI Bank, and HDFC Bank, alongside positive cues from easing crude oil prices and robust IT sector earnings.
The CBI has arrested two alleged masterminds from Mumbai in connection with the Rs 800 crore LUCC chitfund scam in Uttarakhand, where over one lakh investors were reportedly defrauded.
The Enforcement Directorate has successfully auctioned a seized Hawker 800A aircraft for Rs 3 crore. This action is part of an ongoing money laundering investigation into a Hyderabad-based company, Capital Protection Force Pvt. Ltd., accused of defrauding investors of Rs 792 crore through a Ponzi scheme. The proceeds from the auction will be used for restitution to genuine investors.
Mumbai is abuzz with Ganesh Chaturthi celebrations as Ganesha idols arrive in homes and pandals across the city. The 11-day festival, marked by devotional chants, elaborate pujas, and vibrant decorations, culminates in grand immersions on Anant Chaturdashi. The city is adorned with lights, and markets are bustling, while authorities have deployed extensive security measures to ensure safe festivities, despite recent idol collapse incidents.
The Indian government has made Bureau of Indian Standards (BIS) certification compulsory for smartphone screen protectors, effective April 1, 2027. This move aims to ensure product quality, curb low-quality imports, and significantly boost domestic manufacturing, creating a substantial industry and job opportunities.
The National Stock Exchange marked its stock market debut at the Bombay Stock Exchange on September 24, 2026, with a traditional gong-ringing ceremony.
India is strategically positioned to develop a robust domestic semiconductor ecosystem, driven by increasing electronics consumption, strong government support through incentives, and a global shift in supply chains. Boston Consulting Group Managing Director Ankush Wadhera highlights India's potential as a safe haven for investments, with the AI boom further fuelling demand for advanced chips. The nation aims to expand its capabilities across the entire semiconductor value chain, attracting significant global and domestic investments.
India achieved significant milestones at the Asian Games, securing its first-ever women's trap gold through Neeru Dhanda and another gold in the women's 4x400m relay. These victories pushed India's medal tally past 50, placing the country in the top 10. The day also saw strong performances in boxing, volleyball, archery, squash, and tennis, contributing to a successful outing despite some disappointments in other events.
Aryan Nehra has become the first Indian swimmer to complete the men's 800m freestyle in under eight minutes, setting a new Best Indian Time and qualifying for both the Commonwealth Games and Asian Games. Other swimmers like Rujula S and B. Benedicton Rohit also achieved new Best Indian Times at the National Aquatics Championships.
A comprehensive overview of the Indian contingent's schedule at the Asian Games on September 28, detailing participation across various sports including archery, athletics, cricket, boxing, hockey, and more, with specific event timings in IST.
French aerospace and defence major Thales views India as a highly dynamic market for avionics, with significant growth potential as Indian airlines expand their fleets. The company, which has a substantial presence and MRO facilities in India, is also exploring opportunities to replicate India-developed solutions globally and sees increased use of AI in development.
Three infants tragically died after a fire erupted in the Special Newborn Care Unit (SNCU) of the state-run RIMS hospital in Adilabad, Telangana. A preliminary inquiry suggests a short circuit in the air-conditioning unit caused the blaze, leading to thick smoke. State Health Minister C Damodar Rajanarasimha has ordered a comprehensive inquiry into the incident, promising strict action against any negligence.
The 20th Asian Games have officially commenced in Nagoya, Japan, with a vibrant opening ceremony. Emperor Naruhito declared the Games open, which saw contingents from 45 nations and the OCA Refugee Team participate in the athletes' parade.
Mahant Deependra Giri reached the Amarnath cave shrine on August 28, 2026, leading the Chhari Mubarak after a traditional journey through the Himalayas via Pahalgam, Chandanwari, Sheshnag, and Panchtarni, culminating in the final puja on Shravan Purnima.
'These limits will change. Very soon restrictions, restrictions will come.'
The Union environment ministry's expert panel has approved a fourth underground coal mining project in Madhya Pradesh's Umaria district, close to the vital Bandhavgarh-Achanakmar tiger corridor. These clearances, granted since July, raise concerns about biodiversity and tiger movement, despite conditions for wildlife conservation plans and compensatory afforestation. The projects involve significant forest land diversion and pose risks like land subsidence and habitat disturbance for Schedule-I species.
Shailesh Chandra, MD and CEO of Tata Motors Passenger Vehicles (TMPV), stated that the uncertainty surrounding how long commodity costs will remain elevated is a greater concern for the company than the actual price increases. He noted that commodity prices have risen significantly over the past five to six months, impacting margins and necessitating faster cost-reduction efforts, though no major production or supply-side issues are currently foreseen.
The Enforcement Directorate (ED) Director, Rahul Navin, has issued directives to intensify action against Insolvency and Bankruptcy Code (IBC) frauds involving "large haircuts" and to address delays in police registering FIRs based on ED's requests. The agency also aims to fast-track high-profile trials under the Prevention of Money Laundering Act (PMLA) and enhance internal coordination and efficiency.
Comparing the two states is comparing an apple to an orange. I ate apples for years. Then I felt I needed some citrus, and I moved to oranges. That doesn't make the apple a lesser fruit, reflects Binu Alex.
Climate activist Sonam Wangchuk has demanded the resignation of Union Home Minister Amit Shah, holding him responsible for the deaths of four people during protests in Leh last year. Speaking on the first anniversary of the violence, Wangchuk expressed fear for his life, alleging threats, and called for the judicial inquiry report into the incident to be made public. He criticised the use of automatic weapons against protesters and questioned the branding of local youth as "anti-national," linking the violence to unfulfilled promises regarding Ladakh's constitutional safeguards.
Liverpool goalkeeper Alisson Becker has been fined 8,000 by the FA for kicking an electronic substitution board after a 2-2 draw with Nottingham Forest, an act of frustration following a contentious match incident.
Gautam Adani and family have reclaimed the top spot on India's rich list, surpassing Mukesh Ambani, as the nation's billionaire population reached a record 391, according to the M3M Hurun India Rich List.
A new Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, effective October 15, could force small merchants and price-sensitive consumers to revert to cash, according to economic think tank GTRI. The move, which introduces a 0.4 per cent MDR with a Rs 300 cap and concessional rates for specific categories, is questioned by GTRI founder Ajay Srivastava, who suggests it's not a revenue issue for the government but potentially a response to US pressure regarding UPI and RuPay's preferential market position.
A preliminary government report reveals that devastating flash floods in Nepal have affected over 32,000 people, caused 1,295 deaths, and severely damaged infrastructure including roads, bridges, schools, and healthcare facilities. Senior Nepali Congress leader Arjun Narsing KC has criticised the government's coordination of rescue and relief operations and called for international action on climate justice.
Almost all of India's Asian Games-bound track and field athletes, including star steeplechaser Avinash Sable and javelin thrower Yashvir Singh, will participate in the Indian Athletics Series Final. This invitational event, featuring a total prize fund of Rs 65 lakh, serves as a crucial tune-up for the upcoming Asian Games in Japan, with most of the 77-member squad competing.
The Japan Cricket Association (JCA) is set to host its first-ever T20I against reigning world champions India, a landmark event expected to significantly elevate cricket's profile and drive its long-term growth in Japan, according to JCA COO Alan Curr.
India wicketkeeper-batter Sanju Samson admits that external criticism affects him, but he has developed the maturity and experience to manage it, while also supporting the team's leadership for making difficult selection decisions in the best interest of the squad.
The Asian Games, a major multi-sport event, has a long history of controversies extending beyond the sporting arena. From diplomatic disputes and selection rows to doping scandals and disputed decisions, these incidents have often highlighted the intersection of politics, national interests, and sports.
Animesh Kujur secured a remarkable double, winning both the 100m and 200m titles, while Harita Bhadra clocked the second-fastest time ever by an Indian woman in the 100m at the inaugural Indian Athletics Final Series, showcasing strong form ahead of the Asian Games.
Kerala's Mijo Chacko Kurian secured a gold medal in the men's 400m event and a silver in the 200m at the 15th leg of the Indian Athletics Series in Meerut. The event also saw other athletes like Adesh Garsa, Sandeep Singh, Avantika Narale, Harita Bhadra, and Priya Mohan clinch top honours across various track and field disciplines, showcasing a strong performance from national athletes.
Indian information technology (IT) stocks, led by Infosys, experienced a significant selloff, dragging the Nifty to a two-month low, primarily due to escalating West Asian tensions pushing crude oil prices higher, and concerns over upcoming large IPOs diverting funds from secondary markets. The sector is also grappling with the long-term implications of AI disruption.
Vivo is bringing another 5G smartphone to Indian buyers, with the T5 5G set to go on sale from September 9. It will be sold through Flipkart.
For its 80th year, Mumbai's Parelcha Raja Narepark pays tribute to Maharashtra's Warkari tradition of worshipping Lord Vitthal with a towering 23 feet Ganesha idol, for which water was brought in from Pandharpur's Chandrabhaga river.
Tanya Chaudhary shattered the women's hammer throw national record with a distance of 68.35m at the Indian Athletics Series Final. Concurrently, Avinash Sable marked a triumphant return to the 3000m steeplechase, winning his first race in over a year. Both athletes are part of India's Asian Games contingent, with Sable also eyeing a 5000m entry. The event saw a lucrative prize fund, highlighting significant performances across various disciplines.
The iQOO Z11 has joined the brand's Z series in India, with sales set to begin on August 25.
Higher US Treasury yields, particularly the 10-year yield approaching 5 per cent, pose a significant near-term risk to global equity markets, including India, potentially triggering a 'big correction' according to market strategists.
Tanya Chaudhary shattered the women's hammer throw national record with a 68.35m throw at the Indian Athletics Series Final, while Avinash Sable secured an emphatic win in the men's 3000m steeplechase in his first race in over a year. Both athletes, who are part of the Asian Games team, received Rs 1 lakh prize money from the lucrative event. Chaudhary expressed her long-standing pursuit of the record and her focus on technique, while Sable aims to compete in both 3000m steeplechase and 5000m at the Asian Games after recovering from an ACL surgery.
