Indian companies, including NBFCs, filed proposals to raise $7.696 billion through external commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs) in July 2026, a significant increase from $6.09 billion in June.
Police have registered cases against senior DMK leaders A Raja, P K Sekar Babu, and Vasantham Karthikeyan for allegedly making defamatory remarks against Tamil Nadu Chief Minister C Joseph Vijay and Energy Resources and Law Minister R Nirmal Kumar during recent party protests. The controversy stems from CM Vijay's comments questioning DMK chief M K Stalin's MISA detention during the Emergency, which the DMK claims is a long-standing narrative.
Opposition parties, including Congress, TMC, and RJD, have strongly criticised the government's decision to impose a 0.4% Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000 made to merchants. They allege the move is a result of "American imperialism" and will lead to increased commodity prices, while the government maintains the charge is on merchants and not consumers, with person-to-person transactions remaining free.
The Supreme Court has expressed shock over numerous deaths, including unnatural ones, in relief camps for internally displaced persons (IDPs) in Manipur. It directed the state's chief secretary to explain steps taken for investigation, criminal proceedings, and ensuring safety, questioning low compensation and incomplete post-mortems. The court also sought a report from MSLSA and urged expeditious trials in violence-related cases.
HarperCollins India has announced the publication of Congress leader Sonia Gandhi's memoir, "Belonging: A Journey of Love," in India on November 10. The highly anticipated book will offer insights into her personal life and India's political journey, covering her childhood, marriage into the Nehru-Gandhi family, and entry into politics.
The Indian government has introduced a 0.4% fee on UPI transactions above Rs 2,000 for merchants, effective October 15, sparking strong opposition from political parties and traders. Despite accusations of foreign influence and demands for a rollback, the finance ministry and top functionaries have stated there will be no reversal, citing the need for a self-sustaining digital payments ecosystem.
Congress's Nandigram bypoll candidate Milan Pradhan has been sent to judicial custody until October 3 on charges dating back 19 years, effectively ending his campaign for the October 6 by-election.
The Congress party has strongly criticised the Modi government's decision to introduce a 0.4% Merchant Discount Rate (MDR) on UPI transactions over Rs 2,000, alleging it is a result of US pressure to benefit American card companies. The party also linked this move to broader US actions against India, including tariffs and H-1B visa issues, coining the term "Narendra's Ongoing Trump Appeasement." The government, however, clarified that consumers will not bear the charge, which applies only to merchants.
The Congress party has accused the Modi government of succumbing to US pressure by introducing a 0.4% Merchant Discount Rate (MDR) on UPI transactions over Rs 2,000 for merchants. The party alleges this move aims to benefit US card companies and links it to broader US actions against India, including tariffs and H-1B visa issues. The government, however, clarifies that consumers will not be charged.
The opposition has intensified its criticism of the government's decision to impose a 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, effective October 15. Leaders like Rahul Gandhi and Jairam Ramesh allege the move is a result of US pressure, particularly from American card companies, and demand an immediate rollback, warning of increased costs for consumers.
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.
A five-storey boys' paying guest (PG) accommodation in Satya Niketan, South Delhi, collapsed, resulting in one fatality and trapping several individuals. Rescue operations are ongoing in the congested area, with locals citing ongoing basement construction and the building's age as potential factors.
The first phase of the Delhi University Students' Union (DUSU) polls recorded a 36% voter turnout, with a keen contest between ABVP, NSUI, and the AISA-SFI alliance. Student concerns like accountability, affordable accommodation, and accessible administration were prominent, influenced by past protests. The election also saw allegations between student groups and extensive security arrangements.
Several vital parliamentary committees, including those dealing with ethics, rules, and financial matters, are yet to be formally reconstituted. This delay affects the functioning of the Lok Sabha and the oversight of government operations.
A 50-year-old multi-storey building in Delhi's Satya Niketan area collapsed, resulting in six deaths and 11 rescues. The incident occurred during repair work, prompting a police case against the building owner and a magisterial inquiry.
Five people were killed after a massive explosion at a firecracker factory in Uttar Pradesh's Kaushambi district on Monday afternoon, officials said.
'Ultimately, banks are a channel for people to get some long-term return, and this means banks need to adjust their asset-liability mismatch.' 'Customers also need long-term deposits, say those of three-five years. How would they get them if returns on those deposits do not climb?' 'Otherwise, on fixed deposits, a senior citizen doesn't get anything.'
US President Donald Trump on Tuesday said that Washington has launched a fresh wave of strikes against Iranian targets near the Strait of Hormuz. They come after what Trump claimed was in retaliation for Iran attempting to add sea mines to the Strait.
The Congress party has accused the Indian government of imposing new charges on UPI transactions due to pressure from the United States, specifically to benefit American card companies. The opposition party demanded the withdrawal of the decision, calling it "anti-national" and alleging it fills the coffers of US firms while burdening Indian citizens. The government, however, clarified that the Merchant Discount Rate (MDR) charges apply only to commercial transactions above Rs 2,000 and are not levied on consumers, a stance supported by the BJP which accused Congress of spreading "fake news".
Penguin Random House India has clarified that it is not the publisher of Sonia Gandhi's memoir, "Belonging: A Journey of Love," in India. This statement follows reports suggesting the publisher backed out due to Gandhi's refusal of editorial changes. The company maintains it was willing to publish but has a prerogative to fact-check authors. The book's India distribution remains uncertain, though an e-book version is available for pre-order from another publisher.
Maruti Suzuki India has significantly increased its capital expenditure (capex) outlay to Rs 77,500 crore for the five-year period ending FY31, aiming to boost capacity, develop new models, and enhance R&D, as announced by MD and CEO Hisashi Takeuchi.
Samsung India Electronics has initiated job cuts in its Consumer Electronics (CE) division, laying off 8-10 mid-to-senior-level employees with plans to let go of another 40-50 staff. This move is part of a cost-rationalisation exercise driven by rising input costs, muted consumer demand, and intense competition from rival Korean and Chinese players.
Eleven people have died and 54 others fallen ill after consuming spurious liquor in Madhya Pradesh's Sagar district. A preliminary investigation suggests the illicit liquor was supplied from Lalitpur in Uttar Pradesh. Authorities have suspended three excise officials and two police personnel, and multiple FIRs have been registered as a probe is underway.
A Kishore Kumar song, a birthday cake, a prince's break from protocol to thank his driver, a Persian painting on the ceiling of the presidential residence -- the BRICS Summit had many memorable moments.
The Supreme Court will consider issues related to the Satya Niketan building collapse, which killed seven students, and has called for a time-bound inspection and safety audit of PG accommodations and similar establishments across Delhi. The court noted the overlap with its ongoing pan-India monitoring of unauthorised constructions and safety violations.
Fighting in Yemen has intensified as Houthi rebels advance on strategic government-held areas like Marib and Taiz, putting pressure on Saudi Arabia to respond. The conflict is also linked to wider US-Iran tensions affecting shipping in the Strait of Hormuz, with former US President Trump commenting on the situation.
Essel Group Chairman Subhash Chandra has challenged the National Company Law Tribunal's (NCLT) decision to form a five-member bench to hear his personal insolvency case, arguing that the tribunal lacks the power to constitute such a bench. This comes after a split verdict and a subsequent stay on an order allowing him to settle claims.
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.
An 'illegally' constructed mosque within the Saharanpur district collectorate complex was demolished following a court order, drawing strong condemnation from opposition parties who accused the government of engaging in 'politics of hate' and undermining social harmony.
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.
The Lok Sabha Secretariat has issued notices to 20 rebel Trinamool Congress (TMC) MPs, seeking their replies within seven days regarding petitions filed by TMC leader Abhishek Banerjee for their disqualification under the anti-defection law.
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 Gujarat Institute of Prisons and Correctional Administration (GIPCA) is developing modern sports facilities, including high-quality grounds, in anticipation of international events like the Olympics and Commonwealth Games. These upgrades, part of a Phase-I renovation by the Police Housing Corporation, will also provide advanced training facilities like smart classrooms and computer labs for departmental trainees. The prison department recently showcased its sporting prowess by winning the 'Champion Trophy' at the DGP Cup 2026-27 Gujarat Police Wrestling Cluster Competition, securing 14 medals.
'Listing leads to greater transparency and shareholder oversight.'
The Centre has notified 40 questions for the upcoming Census 2027, including caste and place of Covid vaccination, marking the first time caste details will be collected as part of the decadal exercise. The population enumeration will be a fully digital process, with an option for self-enumeration.
'Modi had his own cricket team in his school days. He was a good cricketer.'
A special five-member NCLT bench has issued notices to all parties in Subhash Chandra's personal insolvency case and directed the Essel Group Chairman not to alienate his properties, either directly or indirectly, following a split verdict on a repayment plan.
Examine the complete title chain to establish how the present owner acquired the property.
Flood insurance claims can be rejected or reduced if homeowners do not understand what their policy actually covers.
