A new report by FICCI, BCG, and IBA outlines that India's banking sector must grow significantly faster than nominal GDP to support a USD 30 trillion economy by 2047, requiring banking assets of USD 45 trillion. The report highlights the sector's current strength, challenges in digitisation, and the need to enhance resilience against fraud and cyber threats, proposing a 13-point agenda for stakeholders.
The Pakistan Hockey Federation (PHF) has stated that the national team is yet to receive government clearance to participate in the men's Asian Champions Trophy in India, refuting claims of confirmed participation.
India's in-form pacer Mukesh Kumar has signed with Nottinghamshire to play the final two matches of the 2026 English County Championship season. This marks his first domestic stint outside Bengal, offering him a chance to test his skills in new conditions after a successful Duleep Trophy campaign.
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.
Indian golfer Pranavi Urs expresses confidence in the women's team for the Asian Games, emphasising consistency, strong driving, and creating birdie opportunities over chasing specific low scores. She highlights the team dynamic with Aditi Ashok and Diksha Dagar and discusses her preparation, international experience, and areas for improvement in her game.
Students who want to gain hands-on research experience at the IIT Bombay can apply for the IITB Research Internship Award 2026.
India's Consumer Affairs Secretary Nidhi Khare announced that cab aggregators have been ordered to cease advance tipping options, deeming the practice misleading and unfair. This follows the Central Consumer Protection Authority (CCPA) imposing a Rs 10 lakh penalty on Rapido for unfair business practices, including advance tipping and "dark patterns" that pressure users to pay more. Investigations into Uber and Ola are ongoing, with the government emphasizing that tipping should be voluntary and post-ride.
Lok Sabha Speaker Om Birla has made a rare move by nominating two Rajya Sabha members as "special invitees" to the Joint Parliamentary Committee (JPC) examining the Foreign Contribution (Regulation) Amendment Bill, 2026. This decision comes as the contentious Bill, referred to the 31-member JPC for detailed examination, faces opposition demands for its withdrawal.
Xi brought in asymmetrical power play by stating that India should have 'strategic cognition' and 'strategic judgement made on the basis of the stage of development the two countries are at'. This is a very nuanced way of asserting China's coercive diplomatic posture and reflects Beijing's penchant to unleash border instability at will, restrict rare earth metal exports, exert pressure on India at global and regional orders, asserts China expert Srikanth Kondapalli.
Australia Women 'A' defeated India 'A' by 30 runs in Mullanpur, securing an unassailable 2-0 lead in the three-match unofficial T20I series, largely thanks to Katie Mack's unbeaten 83.
Indian cricketers were surprised with AI-generated 1980s avatars of themselves during a photo session before the Afghanistan T20I series, leading to humorous reactions from players like Vaibhav Sooryavanshi, Axar Patel, and Ishan Kishan.
TRAU FC defeated Indian Navy FT 2-1 in their final Durand Cup Group D fixture, thanks to a brace from Afridi Buyamayum and a strong performance by goalkeeper Tajuddin. Despite the victory, both teams were eliminated from the tournament, with FC Raengdai advancing as group winners.
The Food Safety and Standards Authority of India (FSSAI) has initiated legal action against Nestle India Ltd for alleged non-compliance with food safety norms concerning three infant nutrition products. The regulator flagged promotional claims for NAN Excella Pro Stage 1 and Lactogen Pro 1, and found a follow-up formula sub-standard for Biotin content, leading to three separate adjudication cases.
India's U15 men's football team has been drawn into Group K for the inaugural FIFA U15 World Cup & Festival Azerbaijan 2026. Coached by Bibiano Fernandes, the team will play five qualification matches in Baku against Bahrain, Cameroon, Grenada, Laos, and Senegal, starting October 24. The tournament features 191 national teams and an 8v8 format.
The Indian women's junior hockey team secured a dominant 5-1 victory over South Korea in the AHF Junior Asia Cup semifinal, propelled by a hat-trick from drag-flick specialist Supriya. This win propels the defending champions into the final, where they will face either China or Japan.
Leicestershire County Cricket Club has been docked 27 points and fined 5,000 after their pitch was rated 'poor' during a match against Glamorgan, with the head groundsman attributing the conditions to a Bollywood film shoot and extreme heat.
The Sports Ministry has granted an exemption to the Indian Olympic Association (IOA), allowing it to maintain a 16-member Executive Council. This decision aligns with the International Olympic Committee's (IOC) recommendation, overriding the National Sports Governance Act's usual limit of 15 members, to ensure compliance with international statutes ahead of upcoming IOA elections.
The Union Cabinet has approved a significant increase in the mandatory EPFO wage ceiling from Rs 15,000 to Rs 25,000 per month, a move expected to bring over 51 lakh additional employees under mandatory social security coverage.
Indian shuttler Ashmita Chaliha defeated compatriot Rakshitha Sree Santhosh Ramraj to reach her first-ever BWF World Tour final at the Korea Masters Super 300. Chaliha, returning from a knee injury, continued her impressive run, having previously upset the top seed.
Prime Minister Narendra Modi, in bilateral talks with Chinese President Xi Jinping, emphasized that both nations must show sensitivity to each other's core issues and be guided by mutual respect, sensitivity, and interest. Modi highlighted the critical importance of peace and tranquillity along the Line of Actual Control for the development of India-China relations, while also addressing concerns regarding Taiwan and Tibet.
Lalremsiami Hmarzote, Mizoram's first female Olympian and Asian Games medallist, is now India's offensive lynchpin, aiming for a first Asian Games hockey gold since 1982, after overcoming initial family resistance and training on dirt pitches.
Indian boxer Parveen Hooda is set to compete in the Asian Games, aiming to win a medal after her previous bronze was revoked due to a WADA suspension for whereabouts failures. Her comeback journey has been marked by significant challenges, including changing weight categories multiple times, overcoming injuries, and adapting her training to a new division. Hooda is determined to prove herself and achieve a podium finish, viewing it as unfinished business.
The Indian junior women's hockey team secured their third consecutive AHF Junior Asia Cup title by defeating China 1-0.
A government bill proposing to widen the remit of the Indian Statistical Institute (ISI) is facing scrutiny from Members of Parliament. Concerns have been raised that the Indian Statistical Institute Bill, 2026, could reduce the premier institute's autonomy. The bill, currently under examination by a Parliamentary Standing Committee on Finance, aims to incorporate ISI as a 'body corporate' to strengthen governance and promote academic excellence, but critics fear increased government control.
Manipuri rower Tendenthoi Devi Haobijam expresses newfound confidence ahead of her second Asian Games appearance, attributing it to consistent team training, international exposure in Australia and Europe, and mentorship from her coach. She will lead India's challenge in the women's coxless four, aiming for a significant performance.
A report by Scholars at Risk, 'Free to Think 2026', states that academic freedom in India is "severely restricted" due to increasing government influence over higher education, university governance, and curbs on student expression. India is listed among six countries in this category, with its Academic Freedom Index score sharply declining. The report cites instances of faculty dismissals, event cancellations, and pressure on student protests, highlighting the alleged use of the UGC as a vehicle for state influence.
Finance Minister Nirmala Sitharaman has called for enhanced accountability and safeguards for artificial intelligence, particularly as it integrates into critical sectors like finance. Speaking at the Global Fintech Fest, she highlighted the dual nature of AI, capable of accelerating transactions but also amplifying fraud and cyberattacks. Sitharaman stressed the need for human and institutional responsibility in AI-driven decisions, urging regulators and companies to scrutinise high-risk AI applications. She also proposed a federated industry platform for Indian tech companies to navigate international regulations and ensure tax compliance globally.
Maruti Suzuki India is strategically investing in the premium hatchback segment, launching a refreshed Baleno with advanced driver assistance systems (ADAS) to capture a significant share of the evolving Indian passenger vehicle market, even as SUVs continue their dominance.
Khalin Joshi retained his one-shot lead after the third round of the inaugural Nava Raipur Open, despite a challenging day on the course. Heavy rain forced the tournament to be played over the back nine, with Angad Cheema emerging as his closest competitor.
The Indian government has mandated that banks and payment providers cannot levy charges on UPI transactions up to Rs 2,000 or on payments made via RuPay debit cards. This directive follows an amendment to the Payment and Settlement Systems Act, 2007, aiming to sustain and expand the digital payments ecosystem.
Batting legend Sunil Gavaskar has issued a stern warning to the Indian team ahead of their crucial Test series against Sri Lanka.
Apple's latest flagship smartphones, the iPhone 18 Pro and iPhone 18 Pro Max, have gone on sale across India, drawing massive queues and creating a 'festival' atmosphere among eager buyers at Apple Stores in Noida, Bengaluru, and Maharashtra.
Punjab Chief Minister Bhagwant Mann announced that Pakistan will participate in the Men's Asian Champions Trophy hockey tournament in India, scheduled from October 27 to November 5. This participation aligns with the Indian government's policy allowing multi-lateral sporting engagements with Pakistan, despite a ban on bilateral series. The tournament will be held in Jalandhar and Mohali, featuring six nations including India and Pakistan, with a highly anticipated India-Pakistan match on November 1.
Five southern states are stepping up coordination on delimitation, tax devolution and language issues, reviving calls for a stronger collective South platform.
Indian tennis player Yuki Bhambri is a doubtful starter for the upcoming Davis Cup tie against Korea in Seoul due to a right-leg strain suffered during practice, though he has assured his participation in the Asian Games is not threatened.
Opening batter Abhishek Sharma blasted a record-shattering 30-ball century, powering India to a massive 221-7 and sparking a total bowling collapse that sealed a 127-run series sweep against Afghanistan.
The US Department of Homeland Security removed a controversial X post featuring a Transformers-themed cartoon targeting an Indian Sikh man, Harjinder Singh, with racially charged language. The post, which linked Singh to vehicular homicide charges and used phrases like "Self deport or find out," drew fierce condemnation from Indian American organisations and Democratic lawmakers for its discriminatory nature. DHS initially dismissed the outcry but later removed the post without explanation, while continuing its campaign against "illegal aliens" involved in fatal traffic accidents.
Ahead of President Vladimir Putin's visit to India for the BRICS summit, Russia has expressed support for New Delhi's peace initiatives to resolve the Ukraine conflict. Discussions between Putin and PM Modi will cover defence, energy, technology, and the repatriation of Indian nationals from the Russian military, alongside addressing trade and investment ties.
koda Auto Volkswagen India is actively exploring various approaches to penetrate India's burgeoning electric vehicle (EV) market, including importing global models, local assembly, and developing highly localised products, as EV penetration is expected to reach 17-18% by the end of the decade.
Afghanistan's new T20I captain, Ibrahim Zadran, is focused on enjoying his new role, taking responsibility, and making sound decisions under pressure, especially with the upcoming series in India.
