The Supreme Court has modified its interim order, staying the strictures and compensation directive passed by the Allahabad High Court against Noida DM Medha Roopam. The High Court had ordered Roopam to pay Rs 5 lakh from her salary for the detention of student Akriti Chaudhary under the NSA, criticising the DM's conduct. The Supreme Court's interim order specifically stays paragraphs 27 to 33 of the High Court judgment, which contained the strictures and cost award, but does not stay the quashing of Chaudhary's detention.
'An instruction came from somebody in Delhi saying, "don't go with the launch".'
Super League Kerala is implementing a new financial model to ensure franchise sustainability and has partnered with the German Football Association (DFB) for a five-year technical roadmap. This includes establishing a residential Centre of Excellence to nurture young football talent while integrating formal education.
BJD MP Santrupt Misra has voiced strong concerns over the Centre's decision to impose a 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, arguing that the government or large financial institutions could easily absorb the costs of maintaining the digital payment network instead of burdening merchants and consumers.
The Supreme Court has stayed an Allahabad High Court order that directed Gautam Buddh Nagar District Magistrate Medha Roopam to pay Rs 5 lakh compensation from her salary for the detention of student Akriti Chaudhary under the National Security Act (NSA). The High Court had quashed Chaudhary's detention, criticising the DM's conduct and ordering compensation. The Supreme Court issued notice on pleas from Roopam and the Uttar Pradesh government, also staying the High Court's observations against the DM, with further hearing scheduled for October 7.
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.
Sawan Barwal secured an unexpected silver medal in the Asian Games marathon, shattering his own national record with a time of 2:11:37.
A court in Kottayam has found former state DGP Tomin J Thachankary guilty of amassing wealth disproportionate to his known sources of income under the Prevention of Corruption Act. The sentence will be pronounced later, with the prosecution arguing against leniency despite Thachankary's health plea.
The National Company Law Tribunal (NCLT) has dismissed a plea by Jet Airways' liquidator seeking a Rs 500 crore refund from Boeing, ruling that the matter involves a complex contractual dispute requiring detailed adjudication and evidence beyond the tribunal's insolvency jurisdiction.
The Bombay High Court has issued a complete ban on bursting firecrackers on public roads and deemed the use of loudspeakers, DJs, and laser beams during religious processions "unwarranted." The court emphasized that festivals must be celebrated without causing noise and air pollution, highlighting the need for strict enforcement of existing regulations.
The Supreme Court has noted that the Special Investigation Team (SIT) probing alleged embezzlement at the Ram temple in Ayodhya identified 105 instances of unauthorised currency removal from the counting room. While no discrepancies were found in valuable articles like silver bricks, eight accused have been identified, and a chargesheet is expected soon. The investigation involved examining CCTV footage, financial records, and witness statements.
Trade and business associations across India are organising a 'No UPI Day' on October 2 to protest the upcoming 0.4 per cent merchant discount rate (MDR) on Unified Payments Interface (UPI) transactions exceeding 2,000, effective from October 15.
Germany, Netherlands, Sweden and Wales have questioned Infantino's reform pledge, arguing that FIFA needs deeper governance changes, stronger accountability and broader leadership reforms to restore trust.
Clearlake Capital Group is set to acquire the minority interests of co-owners Todd Boehly and Mark Walter, taking full control of Chelsea FC, with Boehly stepping down as chairman.
Indian MMA fighter Varun Sanyal faced a challenging Asian Games debut, marked by logistical issues and a medical disqualification due to a weight-cutting incident. Despite the setback, Sanyal, an Indian citizen with Singapore PR, shares his journey in MMA, his 'fighting nomad' lifestyle, and his aspirations for Indian fighters.
The SIP culture has been rapidly growing in India among retail investors. As per AMFI data, monthly SIP contributions crossed 31,961 crore in July 2026, which is nearly a 10x jump from 3,122 crore recorded in April 2016.
The SIP culture has been rapidly growing in India among retail investors. As per AMFI data, monthly SIP contributions crossed 31,961 crore in July 2026, which is nearly a 10x jump from 3,122 crore recorded in April 2016.
'There will be some inconvenience to people. But we have given one-month notice to the government one month ago.'
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.
88 per cent of individual traders lost money during FY26. Until we recognise gambling dressed up as option buying for what it is, we will keep treating the wrong disease, asserts Harsh Roongta.
Most Indian investors start their investment journey with the wrong question. They ask, "Which fund will give the highest return?" instead of "How do I structure my investments so that I pay less tax, manage risk effectively, and still compound wealth over time?"
It is important to understand that the rupee's appreciation, driven by the 2013 special swap scheme, reduced India's import costs for petroleum, oil, and gold, points out Dr Ashwani Mahajan, National Co-Convenor, Swadeshi Jagaran Manch.
The Supreme Court has raised concerns regarding Bengaluru's Premium Floor Area Ratio (FAR) scheme, questioning its impact on urban infrastructure. The court cited Gurugram's infrastructure collapse during rains as a cautionary tale, contrasting it with Greater Noida's planned development. The scheme allows property owners to purchase additional construction rights, but petitioners argue it strains existing infrastructure and could regularise illegal constructions.
Olympic Council of Asia Director General Husain Al Musallam defended Japan's decision not to have a dedicated Athletes' Village for the Aichi-Nagoya Games, citing cost and sustainability. This comes amidst criticism over accommodation chaos. Musallam confirmed that future Asian Games in Doha (2030) and Riyadh (2034) will feature dedicated villages, emphasising flexibility and legacy considerations. He also supported the increasing number of athletes, highlighting the importance of sport in current global crises.
The Congress party has strongly refuted government claims that its MPs on the Parliament Standing Committee on Finance supported a fee on high-value UPI payments. Congress leaders, including Gaurav Gogoi and Manish Tewari, stated that the "UPI tax" proposal was not specifically discussed by the committee, accusing the Modi government of diverting attention from public backlash and appeasing US companies. The government, however, cited the committee's report which pressed for a tiered Merchant Discount Rate (MDR) framework.
Shriya Pilgaonkar has a knack for taking the most familiar desi silhouettes and giving them a wonderfully unexpected twist.
'This rise in foreign exchange reserves was expected given the amount of FCNR(B) flow.'
The Reserve Bank of India (RBI) has proposed a standard operating procedure (SOP) for banks to implement temporary debit holds on accounts or transactions suspected of being involved in money-mule activity and cyber-enabled financial fraud, with a maximum duration of 60 days.
Karnataka's Deputy Chief Minister G Parameshwara announced that over 200 taluks are likely to be declared drought-affected after phased assessments. The state has convened a special legislative session to discuss the crisis, farmer assistance, and seek significant financial relief and loan waivers from the Union government, while also alleging a "step-motherly attitude" from the Centre regarding fund releases.
The National Stock Exchange of India's (NSE) mega Rs 22,569-crore initial public offering (IPO) was subscribed 43 per cent on its first day of bidding, making it India's second-largest public issue after Hyundai Motor India's Rs 27,870-crore IPO in 2024.
The Aichi-Nagoya Asian Games are grappling with significant accommodation issues, including male and female athletes being allocated shared rooms and long waiting times for credential activation, forcing even the host Japan team to seek alternative arrangements.
Opposition parties in India are demanding the impeachment and arrest of Chief Election Commissioner (CEC) Gyanesh Kumar, alleging he is running the poll panel as a 'one-man autocracy' following revelations that two Election Commissioners red-flagged issues related to the Special Intensive Revision (SIR) of electoral rolls.
Samajwadi Party president Akhilesh Yadav has criticised the BJP government's proposed Merchant Discount Rate (MDR) on high-value UPI transactions, calling it a "chungi" (tax) on digital payments. He alleged the move was an attempt to extract money from people's transactions, contradicting the government's goal of a trillion-dollar economy. The new UPI framework will impose a 0.4% MDR on person-to-merchant transactions above Rs 2,000 from October 15, with certain sectors having a flat Rs 5 MDR.
The National Stock Exchange of India's (NSE) mega Rs 22,569-crore initial public offering (IPO) opened for subscription, receiving 9 per cent bids on its first day, with strong participation from anchor investors.
A political storm has erupted with the Opposition demanding the removal of Chief Election Commissioner Gyanesh Kumar, following reports that two Election Commissioners raised 'expansive red flags' over the Special Intensive Revision of voters' lists, citing issues like name deletions and decisions made without their knowledge.
A six-year-old boy from Kushinagar, Alfaz Sheikh, has donated his entire year's savings from a piggy bank to help victims of devastating floods in neighbouring Nepal. Moved by images of the destruction, he personally handed over his savings to the District Magistrate, inspiring officials with his profound humanitarian gesture.
EaseMyTrip co-founder Nishant Pitti has been chargesheeted by the Enforcement Directorate in the Mahadev online betting app money laundering case. He is accused of facilitating illegal betting proceeds into the equity market via foreign portfolio investments, with his DEMAT shares worth Rs 59.60 crore provisionally attached. Pitti denies knowledge of the chargesheet and vows to cooperate, while the ED alleges his involvement in stock price manipulation and layering crime proceeds.
Jammu and Kashmir Chief Minister Omar Abdullah has expressed support for the Centre's decision to levy charges on UPI transactions, citing the cost of maintaining the digital payment infrastructure. However, he emphasised the need to protect retail consumers from these fees. Abdullah also discussed the upcoming seven-day Assembly session, highlighting the government's commitment to smooth functioning and addressing MLAs' concerns, and touched upon efforts to tackle drainage issues affecting water bodies.
The BCCI's member units have authorised office-bearers to make a decision regarding the extension of chief selector Ajit Agarkar's contract, which is set to expire early next month, and to fill vacancies in the junior selection committee.
EPF wage ceiling rising to Rs 25,000 could increase employer statutory contributions by Rs 1,200 monthly per employee.
