The National Payments Corporation of India (NPCI) has deferred the implementation of a 0.4 per cent Merchant Discount Rate (MDR) on Person-to-Merchant (P2M) UPI payments above Rs 2,000, originally set for October 15, until after Diwali.
Indian benchmark stock indices, Sensex and Nifty, closed lower due to profit-taking, a spike in wholesale price-based inflation, and firm crude oil prices, despite some support from easing intraday crude oil prices and rupee appreciation.
Three suspects have been detained in Kota, Rajasthan, in connection with the recent firing incident targeting actor Tiger Shroff's car in Mumbai, as police investigate the alleged involvement of the notorious Lawrence Bishnoi gang.
Air India has been issued a show-cause notice by the ministry of civil aviation after three Italian nationals travelled from Amritsar to Delhi and then to Munich without obtaining mandatory departure immigration clearance, highlighting a 'serious security and immigration-related lapse'.
The Supreme Court has directed the Delhi police commissioner to form a Special Investigation Team (SIT) to probe a complaint filed by lawyers who were allegedly assaulted during a protest demanding the resignation of Bar Council of India (BCI) chairman Manan Kumar Mishra. This directive comes after the Delhi High Court had dismissed a similar plea, stating it was not maintainable.
Sports Minister Mansukh Mandaviya has announced the formation of a 10-member Task Force, chaired by Yugal Kishore Joshi, to explore the revival of Formula 1 in India. The committee will assess challenges, identify policy interventions, and develop a roadmap to potentially host a race by 2028, addressing issues that led to its discontinuation after 2013.
Indian firm Bharat Forge and US defence major Pratt & Whitney Canada have announced a collaboration to support the development of India's high-altitude, long-endurance (HALE) unmanned aerial vehicle. This partnership involves integrating advanced turboprop engines into a DRDO-designed UAV, bolstering India's indigenous defence capabilities under the Aatmanirbhar Bharat initiative.
A group of 124 former IAS, IFS, IPS, and allied services officers have issued an open letter defending the Election Commission (EC) and the Special Intensive Revision (SIR) process. They argue that the electoral system cannot be deemed rigged only when a party loses, citing instances where the ruling BJP lost elections under the same EC. The officers highlight the legitimacy and necessity of the SIR for cleaning voter rolls and underscore the robust safeguards within India's electoral system.
Delhi Police has officially denotified Jantar Mantar as a designated protest site, instead naming Ramlila Maidan, Burari Ground, and CBD Ground in east Delhi as the new venues for demonstrations. This decision, issued via a standing order by Commissioner Anurag Kumar on October 11, aims to address the significant logistical and security challenges posed by protests in the sensitive New Delhi district.
'What is the need for collecting so much data unless they are going to be used for some other purpose?'
'Indian IT firms must hire and train more Americans while reducing dependence on sending employees from India to the US.'
Jay Meena, once a mischievous schoolboy rusticated for a prank, has made history by winning India's first-ever Asian Games medal in soft tennis. His journey from a troubled youth to a bronze medallist at the Aichi-Nagoya Asian Games is a testament to destiny and the guidance of his coach. Meena hopes his achievement will boost the sport's profile in India and pave the way for its inclusion in future events like the Commonwealth Games.
A live demonstration of Muay Thai was held in New Delhi to popularise the traditional Thai martial art in India. Thai officials highlighted Muay Thai's role as a national soft-power asset, aiming to foster closer ties between India and Thailand through cultural exchange and economic potential.
India's student housing shortage is widening, but high land costs, weak rental yields and regulatory hurdles are keeping organised developers away.
India's women's 4x400m relay team, featuring Kiran Pahal, Prachi Choudhary, MR Poovamma, and Vithya Ramraj, secured a historic gold medal at the Asian Games 2026. The athletes received a grand welcome upon their return to Delhi, expressing immense pride and dedicating their victory to the nation and their supporters. Prachi and Vithya also earned individual bronze medals, and the team now aims for gold at the World Championships.
The Mizoram government has announced a cash reward of Rs 40 lakh each for hockey players Lalremsiami and Lalthantluangi, who were part of the Indian women's team that won gold at the Asian Games. Chief Minister Lalduhoma felicitated the athletes, highlighting their historic achievement for the state and the government's commitment to promoting hockey through schemes and infrastructure development.
Aerospace major Embraer and the Mahindra Group have identified Nagpur as a potential manufacturing hub for the C-390 Millennium military transport aircraft, should their bid for India's multi-billion-dollar Medium Transport Aircraft (MTA) deal be successful. This strategic partnership aims to establish a localised production and support ecosystem in India, aligning with the 'Make in India' initiative and strengthening the country's indigenous aerospace capabilities.
The Maharashtra government has approved the deployment of sovereign artificial intelligence solutions from Sarvam AI for its departments, with a two-year outlay of Rs 11.26 crore. This initiative includes the Indus AI workspace for 2,500 users, ensuring government data remains within India, along with citizen outreach agents and speech models for the MahaAI platform.
Indian para-shooters staged a protest during the send-off ceremony for the Aichi-Nagoya Asian Para Games contingent, alleging widespread corruption, manipulation, and financial extortion in the selection process.
Leaders of the Cockroach Janta Party (CJP), including Saurav Das and Ashutosh Ranka, have vowed to escalate their agitation against Chief Election Commissioner (CEC) Gyanesh Kumar, expanding protests nationwide after their release from detention. They allege an "emergency-like situation" created by the Modi government, illegal detentions, and harassment of protesters, drawing parallels to the 1975 Emergency. The CJP is protesting alleged irregularities in voter rolls and demanding Kumar's resignation, accusing authorities of suppressing dissent.
India has once again raised alarms over the escalation in the security situation in the Red Sea area and strongly condemned Houthi strikes targeting Saudi Arabian territory, "including on civilians and economic assets."
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.
Fitch Ratings has increased India's GDP growth forecast for the current fiscal year (FY'27) to 6.9 per cent, up from 6.4 per cent, attributing the revision to robust economic growth in the June quarter and overall economic resilience. The agency also anticipates the Reserve Bank of India (RBI) will raise interest rates by 0.25 per cent in October.
Sports Minister Mansukh Mandaviya is scheduled to meet para-shooters protesting alleged corruption and manipulation in the selection process for the upcoming Para Asian Games. The athletes claim "illicit monetary extortion" and violations of Sports Ministry guidelines by the Paralympic Committee of India (PCI) and its Shooting Technical Committee. The PCI denies the charges, stating selections were merit-based. Separately, para-cyclists also protested their omission from the contingent.
'...but could demotivate employees seeking US residency.'
Cockroach Janta Party (CJP) founder Abhijeet Dipke has highlighted a stark contrast between the Allahabad High Court's decision to stay the conviction of a murder accused seeking a BJP ticket and the continued judicial custody of CJP co-convenors Ashutosh Ranka and Saurav Das. Dipke criticised the extended incarceration of Ranka and Das, who were arrested for protesting at Jantar Mantar, while emphasising their sacrifices for public good. The CJP has demanded their immediate release and questioned the legal proceedings, calling for institutional accountability.
Delhi Police have registered an FIR against Congress leaders Rahul Gandhi and Priyanka Gandhi Vadra, along with other party workers, for allegedly assaulting police personnel and obstructing government work during a protest on Wednesday. The protest involved INDIA bloc leaders and led to the detention of 91 people.
India has clarified its policy regarding participation in the 2027 South Asian Federation (SAF) Games in Pakistan, stating decisions will align with national sports policies and international governing bodies. While bilateral sporting engagements with Pakistan remain suspended, Indian athletes are permitted to compete in multilateral events. The government also aims to simplify visa processes to position India as a global sports hosting destination.
Parents of Ankita Bhandari, the 19-year-old resort receptionist murdered in 2022, met senior CBI officials in Delhi to discuss the ongoing probe into an alleged "VIP" involvement. The CBI has registered a case against unknown persons regarding this VIP role. The parents also requested narco tests for former BJP MLA Suresh Rathore and Urmila Sanawar, whose audio clips purportedly mentioned a VIP.
'Their functioning is flawed, they are not accountable, they are opaque, they are non-transparent, they have lost credibility.'
Para-shooters have accused the Paralympic Committee of India (PCI) and its Shooting Technical Committee (STC) of financial corruption, extortion, and manipulation in the selection process for the upcoming Para Asian Games. They allege demands for a 20% commission from cash awards and manipulation of quota places, while the PCI denies all charges, asserting a merit-based selection.
Indonesian tennis star Janice Tjen will return as the top seed to defend her title at the Chennai Open International Women's Tennis Championships 2026, a WTA 250 event. The tournament, India's highest international women's ranking event, will feature players from 22 countries, with Tjen being the first Asian top seed.
Foreign Portfolio Investors (FPIs) have withdrawn Rs 44,166 crore from Indian equities in October, pushing the total outflows for the year past Rs 3 lakh crore, driven by elevated crude oil prices, a stronger US dollar, higher US bond yields, and the allure of AI-led rallies in North Asian markets.
Western Australia Premier Roger Cook emphasised cricket's pivotal role in enhancing India-Australia relations, fostering business development, economic ties, and trade. He highlighted the upcoming Big Bash League match in Chennai and the opening of the University of Western Australia campus in Mumbai as key initiatives strengthening bilateral cooperation and cultural exchange.
Elon Musk has renewed his criticism of Mukesh Ambani regarding Starlink's entry into India, accusing Ambani's supporters of hypocrisy for simultaneously claiming Starlink can't compete with low prices and that it poses a strong competitive threat. Musk argues that competition would benefit Indian consumers and that Starlink would adjust pricing if too expensive. He also shared reports alleging Reliance-funded political donations. Communications Minister Jyotiraditya Scindia stated India does not permit monopolies and that multiple players, including Starlink, have received satcom licences.
Prime Minister Narendra Modi celebrated 11 years of the Digital India initiative, highlighting its role in redefining governance, empowering citizens, and accelerating all-round development. He emphasised its impact on digital payments, direct benefit transfers, and expanding digital public infrastructure, making technology a powerful instrument for 'Ease of Living' across India, including tier-2 and tier-3 cities.
State-run Hindustan Aeronautics Limited (HAL) has delivered LCA Tejas FOC twin-seater trainers and HTT-40 basic trainer aircraft to the Indian Air Force, and Dhruv Next Generation helicopters to Pawan Hans. This significant handover, attended by Defence Minister Rajnath Singh and Civil Aviation Minister K Rammohan Naidu, underscores India's progress towards self-reliance in aerospace, strengthening both military and civil aviation capabilities with indigenous platforms.
The CBI has filed a closure report in the 2002 disinvestment of Hindustan Zinc Ltd, stating that allegations of irregularities could not be substantiated. This comes despite a 2022 Supreme Court directive by then-CJI D Y Chandrachud to register a regular case, citing sufficient material and concerns over undervaluation and the role of a global advisor. The special court will now decide on the report.
IPL players' auction for the 2027 season is slated to be held in India, marking a return after three overseas editions, with league chairman Arun Dhumal expressing a strong desire for a domestic venue.
Cisco Chairman and CEO Chuck Robbins stated that attempts to slow down AI development are futile. He emphasised that the primary focus should be on enhancing security and defensive measures to match AI's rapid advancement. Robbins also discussed the need for guardrails in AI model releases, the importance of cyber hygiene, and the balancing act between innovation and regulation, particularly for countries like India. He believes AI will not be a net job disruptor but will move people up the value chain.
