A 27-year-old man was arrested by Kashigaon Police in Thane for allegedly calling the Delhi Police control room and threatening to destroy India's economy. The accused, Nikhil Sudarshan Sharma, who appeared mentally unstable, was apprehended after tracking his mobile number.
Economy passengers are paying more year-on-year while business travellers are paying less.
Uttar Pradesh Chief Minister Yogi Adityanath announced the state's ambitious shift from mobile phone assembly to advanced microchip manufacturing, data centres, and artificial intelligence. He highlighted significant investments and growth in the digital economy, attributing the transformation to the "double-engine government's" alignment with national initiatives like 'Make in India' and 'Aatmanirbhar Bharat'. Adityanath also criticised previous administrations for hindering the state's potential.
India's economy recorded a robust 7.8 per cent growth in the April-June quarter of fiscal year 2026-27, surpassing both market expectations and the Reserve Bank of India's forecast. This strong performance positions India as the world's fastest-growing major economy, demonstrating resilience despite global economic uncertainties and geopolitical tensions, including the conflict in Iran. The Ministry of Statistics and Programme Implementation highlighted the sustained growth momentum amidst global headwinds.
Finance Minister Nirmala Sitharaman announced that the Goods and Services Tax (GST) Council's October 7 meeting will focus on 'GST 2.0' process reforms, including e-invoicing and input tax credit rules, while also addressing complex issues surrounding the taxation of the digital economy and cryptocurrency.
RBI Deputy Governor Poonam Gupta stated that India's economic growth momentum remains strong despite various global and domestic shocks, attributing this resilience to a diversified growth base and improved policy responses. She highlighted the economy's 7.8 per cent growth in Q1 and continued momentum into Q2, suggesting potential upgrades to growth forecasts.
Legendary India spinner R Ashwin believes pacer Bhuvneshwar Kumar could be dropped for the remaining T20I matches against New Zealand due to his poor performance in the series so far.
Growth in India's currency in circulation (CiC) has reached a five-year high, primarily due to deposits under the Foreign Currency Non-Resident (Bank), or FCNR(B), scheme, leading to a robust increase in reserve money, according to the Reserve Bank of India's (RBI) 'State of the Economy' report.
Union Road Transport Minister Nitin Gadkari has dismissed criticism against blending 20 per cent ethanol in petrol fuel as a 'paid campaign'. He highlighted that millions of vehicles are already running on E19-20 blends without widespread issues. Gadkari also addressed concerns about highway quality, promising improvements within two years and detailing plans for monitoring and penalising contractors. He further elaborated on the economic impact of infrastructure development and the expansion of India's highway network.
Veteran pacer Bhuvneshwar Kumar's return to the Indian T20I squad has been challenging, with expensive spells in the first two matches against New Zealand putting his place in the playing XI under scrutiny amidst strong competition from other fast bowlers.
Rural commercial vehicle (CV) registrations have consistently outpaced urban sales from April to July 2026, driven by a significant diversification of the rural economy and the positive impact of GST-led consumption, according to experts and data from Fada.
J&K Bank MD and CEO Amitava Chatterjee defended the surcharge on UPI transactions above Rs 2,000, stating it is necessary for the system's long-term sustainability. He also discussed the shift of household savings to mutual funds, the bank's profit growth, and India's consumption-based economy.
Indian benchmark indices Sensex and Nifty experienced a significant drop in early trade, primarily due to a sell-off in IT stocks, a surge in crude oil prices, and investor caution ahead of the US Federal Reserve's policy decision.
Former Chief Economic Adviser Krishnamurthy V Subramanian outlines India's strategy to become a USD 55 trillion economy by 2047. The plan hinges on leveraging its young demographic in AI, dominating sunrise sectors like space and defence tech, attracting FDI, and achieving sustained 8% GDP growth.
Despite near gender parity in basic bank account ownership, women in India remain significantly underrepresented in the growing platform economy due to gaps in digital financial capability and access to credit, according to a joint report by the International Labour Organization and National Council of Applied Economic Research.
With the T20 series already secured, India is set to experiment with its squad in the fourth match against New Zealand in Auckland, potentially offering game time to spinners Kuldeep Yadav and Varun Chakaravarthy, who have been on the sidelines.
India has voted in favour of a UN General Assembly resolution urging the US to end its economic, commercial, and financial embargo against Cuba. The resolution, adopted on Wednesday, saw 130 countries support the call to lift restrictions that have severely impacted Cuba's economy, healthcare, and food production. The article also details a heated exchange between US and Cuban diplomats during the UNGA session.
'India needs to create eight-nine million jobs annually to absorb the growth in the working-age population.' 'Failure to create productive jobs could squander the demographic advantage that we enjoy right now.'
The International Monetary Fund (IMF) has increased India's growth forecast to 7 per cent for 2026-27, up from 6.4 per cent, attributing this robust outlook to resilient domestic demand and strong services activity, positioning India as one of the fastest-growing major economies.
'As a youngster, if you are not investing in yourself and your active income, you will not be able to reach the first 1 crore mark.'
'Wages have not risen. Rural wages have stagnated. The growth was 0.7 per cent last year. For casual and irregular labour, the wage growth is negative.'
New Zealand Prime Minister Christopher Luxon stated that the historic Free Trade Agreement with India, now in effect, will help grow both economies, allowing Kiwi businesses to reach over a billion more customers with significantly reduced tariffs, leading to 'more jobs and higher wages for Kiwis'.
Despite recent foreign portfolio outflows, India's long-term investment prospects remain strong, but the return of capital hinges on global financial conditions, relative valuations, and the country's ability to attract sustained foreign investment, according to foreign bankers at the Business Standard BFSI Insight Summit.
Indian left-arm pacer Arshdeep Singh has claimed the record for most wickets by an Indian bowler in T20 Internationals in a calendar year, surpassing Bhuvneshwar Kumar's previous best.
Preeti Lobana, Google India VP, stated on Wednesday that Google views AI as an "economic equaliser" and a democratic technology. Speaking at Google Cloud Day, she highlighted AI's potential to empower businesses, especially SMEs, in India's journey towards Viksit Bharat 2047. Google has committed USD 15 billion to scale India's digital and AI infrastructure, including an AI hub in Visakhapatnam, to support the IndiaAI Mission.
Telangana IT Minister D Sridhar Babu stated that Gen Z will be the driving force behind the next wave of AI and green innovation. He urged young innovators to use their skills to solve real-world challenges, particularly in sustainability. The launch of the Green Skills and Applied AI Centre of Excellence in Hyderabad, a partnership between Telangana's IT Ministry, Microsoft, 1M1B, and MeitY Startup Hub, aims to equip graduates with industry-relevant skills in AI, green pharma, solar energy, EVs, and wind energy, with 100 job offers already announced.
New Zealand skipper Mitchell Santner has made history by becoming the first bowler to take multiple four-wicket hauls against India in T20 Internationals, achieving this feat during the second T20I at Christchurch.
NITI Aayog has recommended treating data centres as strategic infrastructure rather than mere investment projects, releasing a report titled 'Data Centre Evaluation Framework to Help States Plan for Sustainable Growth'. The report advocates for common standards, central government guidance, and a structured approach for states to manage data centre growth, considering resource requirements and economic benefits.
'It is not because of the war in West Asia, which began on February 28.' 'Petroleum product prices are already going through the roof. They are bound to have a serious inflationary impact.' 'A country's leadership is tested in trying times. It is here that the current leadership is failing.'
The World Bank's "World Development Report 2026" urges developing countries to adopt low-cost AI tools to accelerate progress in healthcare, education, and judicial services. The report highlights AI's potential to boost productivity and improve public services, while noting that jobs in high-income countries are more at risk from automation than those in developing nations.
US Secretary of State Marco Rubio has characterised the strategic alignment between India and the United States as "extraordinary", emphasising that both nations have an opportunity to shape the course of the 21st century through partnership.
Former NITI Aayog vice-chairman Rajiv Kumar has urged the government to maintain zero-fee UPI transactions for several more years, arguing that the benefits of UPI as a public good outweigh the costs. This comes amidst the government's recent decision to introduce a 0.4% fee on person-to-merchant UPI transactions above Rs 2,000 from October 15, a move that has drawn criticism.
Engineering conglomerate Larsen & Toubro (L&T) announced a significant 32.5 per cent increase in consolidated net profit, reaching Rs 5,202.10 crore for the quarter ended September 2026, driven by robust revenue growth and a 28 per cent surge in order inflows.
FMCG giant Hindustan Unilever Ltd (HUL) reported a steady consolidated net profit of Rs 2,796 crore in the September quarter of FY27, despite a higher base from a one-off tax gain in the previous year. The company's revenue from product sales surged by 14.77 per cent to Rs 18,037 crore, driven by a strong underlying volume growth of 7 per cent.
Oracle NetSuite identifies India as one of its highest-priority markets, noting that small businesses, particularly outside major metros, are increasingly leveraging artificial intelligence (AI) and cloud technologies to expand domestically and internationally. This adoption is driven by India's young, tech-native population, which is less burdened by legacy systems, allowing smaller firms to compete more effectively with larger enterprises.
The lack of faster growth in salaried jobs may well account for the degrowth in the unemployed educated population who are actively seeking jobs.
Brand Tharoor is not perfect. But it is lovable. In a country of 1.4 billion where most politicians sound the same, a man who makes you open a dictionary before breakfast has already won, points out Sandeep Goyal.
Navigating this geopolitical minefield requires a cold-blooded blend of immediate tactical pleading, structural domestic diversification, and aggressive collective resistance, suggests Ambassador Rajasekhar.
Shriram Finance, a leading Indian NBFC, is aggressively expanding its gold loan and electric vehicle (EV) financing segments, targeting a Rs 20,000 crore gold loan portfolio within two years and expecting significant growth in EV disbursements.
