The Telangana Golconda Masters, featuring top Indian and international golf professionals, is set to commence in Hyderabad with a prize purse of Rs 1 crore. The tournament is crucial for players aiming to qualify for the season-ending DP World India Championship.
Foreign Portfolio Investors (FPIs) have significantly increased their investment in Indian equities, infusing Rs 23,544 crore in August, driven by improving quarterly earnings, a stable rupee, and positive market prospects.
Sources clarify that the NCLT's approval of a repayment plan for Essel Group founder Subhash Chandra does not signify a 99.97 per cent write-off of Rs 22,000 crore in bank loans, as the figure represents claims against him as a personal guarantor, not debt personally borrowed.
EPF wage ceiling rising to Rs 25,000 could increase employer statutory contributions by Rs 1,200 monthly per employee.
The Rajasthan Anti-Corruption Bureau (ACB) has arrested a middleman, Sajjan Kumar, for allegedly accepting a bribe of Rs 2 crore on behalf of SOG Additional Superintendent of Police Mukesh Kumar Soni. The bribe was reportedly demanded for assistance in a case, and further investigation is ongoing.
Samsung India Electronics reported a 36 per cent decline in profit to 7,228.10 crore for the financial year ended March 31, 2026, even as its revenue from operations saw a slight increase of 1.2 per cent to 1.12 lakh crore.
Goa Police have arrested a 24-year-old man from Odisha and detained a 17-year-old youth in connection with a significant drug bust. Over 10.7 kg of ganja, estimated to be worth Rs 10.5 lakh, was seized at the Mapusa interstate bus terminal. Authorities suspect the adult accused used the juvenile for drug trafficking.
The GST Council is set to discuss the application of GST on merchant fees for UPI transactions exceeding Rs 2,000. This comes as a new Merchant Discount Rate (MDR) of 0.4% (capped at Rs 300) is effective from October 15 for such transactions, which, as a service, would typically attract an 18% GST levy. The Council's decision is anticipated to consider consumer interests, with merchants potentially able to claim Input Tax Credit.
Hanuman Ansh continues its phenomenal run at the box office, cementing its status as an all-time mega blockbuster, even as new releases Daayra and Vibe struggle.
National Stock Exchange (NSE) Chairman Srinivas Injeti stated that post-listing, the exchange's duties as a stock trading marketplace and its responsibilities as a commercial entity will see public interest overriding business interests if the two intersect.
Tata Motors has officially launched the Tata Sierra #DARK in India, with prices starting from 13.99 Lakh (ex-showroom). This new edition features a Friesian Black exterior, a Violet Eclipse interior, and a range of engine and transmission options across multiple variants.
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.
At a valuation of around Rs 10 trillion, Tata Sons would rank among India's 10 largest listed companies and could qualify for inclusion in key indices such as the Nifty 50, Sensex and the Nifty 100.
India has achieved its highest-ever annual Foreign Direct Investment (FDI) inflow of USD 94.53 billion in FY 2025-26, with cumulative FDI reaching USD 843 billion since 2014-15, announced Commerce and Industry Minister Piyush Goyal. Production Linked Incentive (PLI) schemes have also significantly boosted investment, production, exports, and job creation.
NPCI chief Dilip Asbe stated that only about 10 per cent of the total value of UPI transactions might see charges passed to consumers under the merchant discount rate (MDR). He clarified that large corporates are expected to absorb most costs, and a significant portion of transactions will remain charge-free. A new fund from MDR collection is also proposed to boost UPI acceptance among small merchants.
The Fencing Association of India (FAI) has announced significant cash awards for its medallists at the upcoming Asian Games in Japan, aiming to motivate fencers to achieve glory for the nation. Gold medallists will receive Rs 10 lakh, silver medallists Rs 7.5 lakh, and bronze medallists Rs 5 lakh.
NPCI chief Dilip Asbe stated that only about 10% of UPI transaction value might see charges passed to consumers, primarily from large corporates already absorbing credit card fees. He highlighted that 80% of Merchant Discount Rate (MDR) would come from businesses with over Rs 1,000 crore turnover, and a significant portion of transactions will remain charge-free. A new fund, potentially Rs 3,000 crore, will also be created from MDR collection to support small merchants and accelerate UPI acceptance.
The Supreme Court dismissed a Public Interest Litigation (PIL) seeking a re-conduct of the NEET-PG 2026 exam, imposing a cost on the petitioner and criticising the advocate for misusing the legal process and soliciting cases on social media. The court noted that the petitioners were not affected by the exam disruption they cited.
A deposit is not necessarily taxable simply because it appears in a bank account. What matters is whether its source can be satisfactorily explained.
The Raman Kant Munjal Scholarship for 2026-27, initiated by the Raman Kant Munjal Foundation and supported by Hero FinCorp, is designed to help students in finance-related fields achieve their career aspirations.
Legion 5i (2026), which starts at Rs 265,990, features a 15.3-inch OLED display with a refresh rate of up to 165 Hz, alongside hardware aimed at demanding gaming and performance-heavy tasks.
A train attendant was arrested at Thane railway station for allegedly possessing 61 bottles of Goa-manufactured Indian-Made Foreign Liquor (IMFL) worth Rs 71,560. The seizure was made by the state excise department based on a tip-off, and the attendant has been charged under the Maharashtra Prohibition Act.
Parvathy Maya Shaji, CEO of Amster Overseas Private Limited, has been detained at Thiruvananthapuram airport in connection with two cheating cases registered in Kochi. She is accused of defrauding individuals by promising high-paying jobs abroad in Armenia and Poland, with complainants paying significant sums. Her husband and other employees are also named in the cases, and police anticipate more complaints.
The Samsung Galaxy S26 FE brings together a premium AMOLED display, a versatile triple-camera system
'India is collateral damage. There is no way that foreign investors are going to bring money in India despite our yields also going up.'
Indian benchmark indices Sensex and Nifty experienced a significant downturn in early trade, with the Sensex tanking 730 points, driven by surging crude oil prices, escalating geopolitical uncertainties, and a weak trend observed across Asian markets.
Jawaharlal Nehru Memorial Fund invites applications for Jawaharlal Nehru Scholarships for Doctoral Studies for the year 2026. A candidate may apply for scholarship in any one of the following areas of specialization:: Indian History & Civilization, Sociology, Comparative Studies in Religion & Culture, Ecology & Environment and Economics
Ganesh mandals in Mumbai have requested the Maharashtra government to clarify the implementation of a recent Bombay High Court order on noise pollution during immersion processions. The order mandates a Rs 1 lakh security deposit and legal action for violations, causing confusion among organisers as the festival concludes.
RBI says polymer notes have a significantly longer lifespan, potentially reducing printing costs and replacement frequency.
Media baron Subhash Chandra has appealed to the National Company Law Appellate Tribunal (NCLAT) against a five-member National Company Law Tribunal (NCLT) bench's order that prevents him from selling or transferring his assets while his personal insolvency case is ongoing.
The NCP (SP) has demanded a complete rollback of the 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, effective October 15. The party termed the move a "direct assault" on small traders and shopkeepers, accusing the Modi government of "double standards" by burdening small merchants while large industrialists benefit from loan write-offs.
The combined market valuation of four of India's top-10 most valued firms eroded by Rs 87,960.29 crore last week, with Bharti Airtel experiencing the largest decline, amidst a bearish trend in the equities market.
A 68-year-old Mumbai resident was defrauded of Rs 7.21 crore by cyber criminals who threatened her with false accusations of money laundering and terror funding. The fraudsters coerced her into transferring funds to bank accounts and a cryptocurrency wallet after impersonating officials from various agencies.
A nearly 70,000-page chargesheet filed by the Supreme Court-mandated SIT details the diversion of donations from the Ram temple in Ayodhya, revealing a network of eight accused who allegedly removed, concealed, and distributed pilfered funds during cash-counting, supported by 105 CCTV instances and thousands of text messages.
Police in Bengaluru have arrested Prashanth Rajan Babu, the alleged kingpin of an interstate counterfeit drug racket, at Kempegowda International Airport. Babu, who had been absconding in Azerbaijan, is accused of leading a network that manufactured and distributed fake medicines worth nearly Rs 5 crore.
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.
The Lava Bold N4 Pro 5G sports a sleek flat back, with its dual-camera module neatly housed in a raised rounded-rectangle unit at the top-left.
India has launched the ~62,500 crore Mobile Phone Manufacturing Scheme (MPMS) to incentivise domestic production and strengthen Indian mobile phone brands, offering production-linked incentives and additional benefits for local component sourcing.
The National Company Law Tribunal (NCLT) has approved media baron Subhash Chandra's personal insolvency resolution plan, which proposes to pay Rs 6.5 crore against admitted creditor claims of approximately Rs 22,006.57 crore, despite allegations from dissenting lenders that five family-linked entities controlled 61.78 per cent of the voting share.
The Indian government has made Bureau of Indian Standards (BIS) certification compulsory for smartphone screen protectors, effective April 1, 2027. This move aims to ensure product quality, curb low-quality imports, and significantly boost domestic manufacturing, creating a substantial industry and job opportunities.
