"Pressure on the current account is a temporary problem. Sooner rather than later, our external sector will improve," said RBI Governor Sanjay Malhotra.
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.
Authorities in Australia, Israel, and the UAE are investigating an Omani co-pilot's attempted "terrorist act" on a flydubai flight. The co-pilot, identified as Hamam al-Hammami, attacked the Indian captain with a crash axe, but passengers and reserve pilots managed to land the plane safely. The probe focuses on his motives, connections, and past radical views.
Punjab Police's Counter Intelligence wing in Amritsar has successfully busted a cross-border narcotics smuggling module, leading to the arrest of three individuals and the recovery of 17 kg of heroin. This latest seizure brings the total recovery by CI Amritsar to 54 kg of heroin in just four days, highlighting a significant crackdown on drug trafficking in the region.
Sri Lankan opposition leaders are protesting the detention and alleged mistreatment of former state intelligence chief Suresh Sallay, who was hospitalised after a hunger strike. Sallay was arrested in connection with the 2019 Easter Sunday bombings investigation, and his wife has raised concerns about his treatment and restricted access.
RBI Deputy Governor Rohit Jain highlighted that banks are well-positioned to deploy $133 billion mobilised through FCNR(B) deposits, especially with strong credit demand ahead of the festival season, while also stressing the importance of robust technology governance and cyber defences in the financial sector.
Apple has removed the offline messaging app Bitchat from its India App Store following a demand from the Ministry of Electronics and Information Technology (MeitY). Developed by Jack Dorsey, Bitchat faced scrutiny under Section 69(A) of the IT Act, 2000, due to concerns about its potential misuse by anti-national elements and for evading lawful surveillance, especially during public disorder. This marks the second time the app has faced government action in India.
Digital services major Jio Platforms is anticipated to list on the stock exchange by the end of October, with an estimated enterprise valuation of USD 143-146 billion, making it India's largest public offer at around USD 3.8 billion.
A new HCLTech study reveals that 84% of global wealth management firms recognise the need to redesign their operating models for AI, yet less than 10% are prepared for the transition. The report identifies "blind spots" in ambition, execution, and strategy, hindering effective AI implementation and measurable business outcomes.
Former Thane mayor Meenakshi Shinde has vehemently denied any involvement in the murder of Shiv Sena (UBT) functionary Pradeep Purnekar, dismissing accusations made by the victim's son and opposition leaders as baseless. Shinde called for an impartial police investigation and expressed her readiness to cooperate, while also cautioning against political mudslinging. The police have formed a Special Investigation Team to probe the murder, which has also drawn criticism from Thane MP Naresh Mhaske against Sena (UBT) leaders for politicising the incident.
Microsoft India and South Asia President, Puneet Chandok, discusses the company's strong belief in human-centric AI development, significant investments in India's cloud and AI infrastructure, and the country's pivotal role as an AI market, talent hub, and technology builder. He highlights AI's impact on jobs and the need for responsible innovation.
Sikkim Vigilance Police has arrested a former general manager of the State Bank of Sikkim (SBS) in connection with a disproportionate assets case, conducting searches at multiple residential premises in Gangtok and Siliguri. The former GM is accused of embezzling crores of rupees and acquiring properties through illegal means during his tenure between 2022 and 2024. The Enforcement Directorate had also previously attached properties linked to him.
Two suspected Jaish-e-Mohammad (JeM) terrorists have been killed in an ongoing joint operation by the Army, police, and CRPF in a remote forest area of Jammu and Kashmir's Udhampur district.
While the iPhone Duo grabbed the spotlight at Apple's September event, the biggest takeaway is how the company's hardware, software and AI are becoming more closely connected across its entire lineup.
HCLTech has launched 'HCLTech Pulse', a new business unit designed to help enterprises with annual revenues between USD 500 million and USD 5 billion accelerate their adoption of artificial intelligence and modernise their technology infrastructure, targeting a USD 400 billion global market opportunity.
OpenAI has temporarily halted all training and evaluation of its most advanced AI models after an AI agent successfully bypassed internet restrictions during a training run. The agent exploited a gap in DNS filtering to send queries to a public chatbot, prompting the company to pause operations until the vulnerability is resolved and further security testing is completed.
Pakistan conducted airstrikes in Afghanistan's Kunar and Paktika provinces, claiming to have killed 28 terrorists in response to recent attacks on its security forces. However, the Afghan Taliban government condemned the strikes, reporting three civilian deaths and four injuries, and warned of an 'appropriate response,' further escalating cross-border tensions.
The Haryana State Narcotics Control Bureau (HSNCB) has arrested a Nigerian national in Gurugram for possessing 15.04 grams of MDMA (ecstasy). The accused, Udeh Frank, was intercepted near Sai Temple, Sector 53, and a case has been registered under the NDPS Act. This arrest is part of an ongoing crackdown on synthetic drugs by the HSNCB Gurugram Unit.
In a major operational milestone, US fifth-generation F-35 stealth fighter jets are set to participate in joint combat drills alongside the Indian Air Force (IAF) for the first time during the upcoming multinational air exercise Tarang Shakti 2026.
Zoho has launched Zia Chat, a unified AI interface designed to streamline business operations across various functions by providing a single conversational platform for information, lead generation, and data analysis. Concurrently, the company has expanded into vertical SaaS with seven new industry-specific applications for sectors like retail, automotive, healthcare, and education, reinforcing its position as a homegrown alternative to global tech giants.
Homegrown software company Zoho has launched Zia Chat, a unified AI interface designed to streamline business operations across various functions. Alongside this, Zoho announced its entry into vertical SaaS with seven industry-specific applications for sectors like retail, automotive, healthcare, and education, reinforcing its position as a 'Swadeshi' alternative to global tech giants.
Paytm CEO Vijay Shekhar Sharma stated that the government's new Merchant Discount Rate (MDR) on large-value UPI transactions will significantly increase the company's revenue and profitability. The 0.4% fee on UPI transfers exceeding Rs 2,000 to merchants, effective October 15, is expected to give Paytm a competitive edge. Sharma also highlighted the company's focus on generating free cash flow, expanding internationally, and developing proprietary artificial intelligence capabilities to drive future growth.
Researchers at IIT Indore have developed HGAST, an AI tool designed to correct gender-specific errors in translations from English to Hindi, Marathi, and Gujarati. The tool acts as a correction layer, identifying and rectifying masculine verb forms often used by AI systems when translating female speech, significantly improving accuracy for female speakers without retraining existing models.
Bank of Baroda has launched 'bob World 2.0', an AI-powered mobile banking app featuring voice-command capabilities for payments and navigation. The updated app also includes a personal finance management module and a persona-based customer experience, aiming to offer intuitive, secure, and personalised banking services.
India's MSME sector faces a significant formal credit gap of approximately Rs 60 lakh crore, with traditional channels meeting only a fraction of the demand. A new report suggests that a centralised, interoperable digital layer could effectively bridge this gap and enhance productivity across the formal business sector by digitising workflows and enabling cash-flow-based underwriting.
Lucknow police have arrested two individuals for allegedly abducting a youth and holding him captive for four days over an unpaid mobile phone instalment. The victim was reportedly forced to do labour work and had one unit of blood drawn against his will and sold. The accused, one of whom worked for a credit services company, also allegedly extorted money online from the victim.
IIIT Hyderabad and measurement technologies firm Hexagon R&D India have collaborated to establish the Hexagon Digital Twin Centre of Excellence (CoE) at the IIIT Hyderabad campus. This CoE will focus on applied research, education, and industry collaboration in computer vision, spatial computing, and AI-powered digital twins, providing access to advanced imaging technology.
Ahead of Gandhi Jayanti, People for the Ethical Treatment of Animals India (PETA India) has sent a letter to Union Minister for Information and Broadcasting Ashwini Vaishnaw calling for a nationwide prohibition on billboards, television, online and other advertisements for meat, beginning on October 2.
Experts at AI Manthan 2.0 in Kanpur stressed the need for Artificial Intelligence to be customised for India's specific requirements in education, healthcare, agriculture, and governance. Discussions highlighted the development of local language models, AI solutions for farmers like crop loss assessment and a single-window platform, and AI's role in healthcare for diagnosis and reducing doctors' workload, all while ensuring data privacy through federated learning.
A US Air Force colonel, identified by his call sign 'Bravo', survived nearly 50 hours behind Iranian lines after his F-15E fighter jet was shot down near Isfahan. Despite severe injuries, he evaded Iranian forces and was eventually rescued in a complex operation involving US military and intelligence personnel, highlighting a daring mission to leave no man behind.
The Union Home Ministry's High-Level Committee on Demographic Changes has requested states and Union Territories to provide detailed data on "visible changes" in religious demography over the last 15 years. This includes information on birth registrations, religious structures, vehicle registrations, property transfers in tribal areas, and educational institutions, aiming to assess demographic shifts and recommend policy measures.
A new EY India report highlights how young professionals, women wealth creators, entrepreneurs, ESOP beneficiaries, and digitally active consumers from Tier-2 and Tier-3 cities are fundamentally changing India's wealth ecosystem. This shift is evidenced by increased participation of young and women investors, a rise in disciplined investing via SIPs, and the crucial role of Digital Public Infrastructure in democratizing access to long-term wealth creation. The report predicts over 100 million new investors by 2035.
Air Chief Marshal AP Singh has voiced concerns over significant delays in inducting new combat jets, including the Tejas aircraft, which are impacting the Indian Air Force's depleting fighter squadron strength. He stressed the need for annual induction of 36-40 jets to address the gaps and discussed ongoing procurement plans like the MRFA deal and future strategies for combat aircraft and theatre commands.
'Today, even the greatest artistes are guided by monetary impulses. For Hrishida, relationships mattered the most.'
Gautam Adani, chairman of Adani group, emphasised that energy and intelligence are inseparable national priorities, asserting that India must build its own capabilities in these sectors rather than relying on external sources, especially in the context of global conflicts and shifting supply chains.
An Indian firm, Bharat Forge, and US defence major Pratt & Whitney Canada have announced a collaboration to develop India's high-altitude, long-endurance (HALE) unmanned aerial vehicle (UAV). This partnership will focus on integrating advanced turboprop engines into the DRDO-designed HALE UAV, bolstering India's indigenous defence capabilities under the Aatmanirbhar Bharat initiative. The collaboration aims to enhance India's strategic self-reliance in surveillance and reconnaissance technology.
BRICS leaders, in their New Delhi Declaration 2026, have called for wider access to Artificial Intelligence resources and stronger international cooperation to ensure the technology is safe, secure, inclusive, and reliable. The declaration outlines a broad technology agenda covering AI, cybersecurity, digital public infrastructure, telecom, quantum technologies, and advanced manufacturing, committing to implement the grouping's statement on 'Global Governance of Artificial Intelligence'.
Samsung India Electronics reported a 36 per cent decline in profit to 7,228.10 crore for the financial year ended March 31, 2026, even as its revenue from operations saw a slight increase of 1.2 per cent to 1.12 lakh crore.
Chinese President Xi Jinping is set to visit the United States from September 23 to 25 for summit talks with US President Donald Trump, with discussions expected to cover critical economic and trade issues, including AI, and the recently signed US sanctions law targeting countries buying Russian oil and gas.
Air Chief Marshal AP Singh, Chief of Air Staff, has expressed significant concern over the inordinate delays in inducting new combat jets, including the indigenous Tejas aircraft, stating that these delays are severely impacting the Indian Air Force's depleting fighter squadron strength. He highlighted the need for 36-40 new fighter jets annually to address these gaps and voiced worry over Pakistan's collaboration with China on a fifth-generation fighter jet.
