Coforge Chairman O P Bhatt has abruptly resigned from the IT firm after an internal audit raised concerns over the handling and presentation of a 'board evaluation report' to the board, with the company asserting the move will not impact its financial or operational performance.
The opposition has strongly criticised the government's decision to introduce a 0.4% Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000 for merchants, effective October 15. They allege the move is a result of US pressure and will lead to increased commodity prices, calling it a "betrayal" of the common man. The government, however, clarifies that customers will not be charged, and the MDR applies only to merchants for larger transactions.
'Treating stock brokers as merchants for MDR is fundamentally misplaced.'
The Indian Olympic Association (IOA) has approved significant constitutional changes to align with the National Sports Governance Act (NSGA), allowing for longer tenures for office-bearers and revising age limits. These amendments, which have received preliminary approval from the International Olympic Committee (IOC), also impact the structure of the Executive Council and set the stage for upcoming elections, including those for the Athletes' Commission.
The Supreme Court has dismissed Ashish Mishra's application to relax his bail conditions in the Lakhimpur Kheri violence case, preventing him from attending family functions. The court also addressed concerns raised by victim farmers' advocate Prashant Bhushan regarding the trial's conduct and witness intimidation, directing such grievances to the trial court.
India's Olympic gold medallist javelin thrower Neeraj Chopra discusses the emotional and physical challenges of missing the Asian Games due to a ligament injury. He shares his process of accepting the setback, focusing on rehabilitation, and preparing for future competitions, while also offering advice to fellow athletes and aspiring javelin throwers.
Indian tennis player Dhakshineswar Suresh discusses the significant transition from collegiate tennis to the professional tour, highlighting the challenges of travelling alone, managing his body, and maintaining consistency. He shares insights on the importance of off-court preparation, physical fitness, and setting ambitious goals like breaking into the top 250.
The Reserve Bank of India (RBI) has rejected Tata Sons' application to surrender its non-banking finance company (NBFC) licence, a decision that mandates a public markets listing for the conglomerate's holding company as it is classified as an upper-layer NBFC.
The Brics proposal for a Grain Exchange, aimed at challenging the dominance of Western trading firms, faces significant operational and implementation hurdles, including settlement currency, regulatory frameworks, and limited participation from key members like India, according to experts.
Frenchman Samai Reboul, coach of the Indian national surfing team, views India's Asian Games debut as a crucial step towards qualifying for the 2028 Los Angeles Olympics. The team, comprising two men and two women, is preparing in Mahabalipuram for the Aichi-Nagoya Asian Games, where surfing makes its continental debut and offers Olympic quota places.
Indian women's boxing head coach Santiago Nieva is confident the team can secure an elusive gold medal at the upcoming Asian Games, building on their strong performance at the Commonwealth Games. Despite facing tough competition from powerhouses like China and Kazakhstan, Nieva believes the current squad is the best the country has seen and is capable of overcoming challenges, including previous struggles against Chinese opponents, by focusing on controlling bouts.
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.
Urban Indian millennials are caught in an algorithmically amplified consumption spiral where social media normalises spending patterns that systematically undermine retirement security.
'She was not burdened by the knowledge of her craft and the world. She just was a child till her last days.' 'When she smiled, everybody in the room would light up.'
'If you listen to a rowdy in a class, he will keep on bullying you.' 'India can say do whatever you want. We will not compromise on anything.'
RBI Deputy Governor Shirish Chandra Murmu has dismissed concerns that the new Merchant Discount Rate (MDR) on UPI payments above Rs 2,000 will increase cash transactions. He also clarified the 'cash paradox' of rising digital payments alongside cash in circulation, explaining cash's dual role. Murmu further detailed the RBI's extensive regulatory changes aimed at reducing compliance burdens and emphasised that accountability for AI-driven decisions in finance will remain with institutional boards.
Google has chosen four Indian startups -- Terrastack, Varaha Climate, Farmers for Forests, and Climitra Carbon -- for its inaugural Google DeepMind Accelerator: AI for the Planet programme.
Scientists are stunned by the discovery of a nine-million-year-old capybara tooth fossil in Chile's Atacama Desert, a region currently devoid of capybaras. This finding not only marks the oldest record of the semi-aquatic rodent in coastal Chile but also significantly challenges the long-standing scientific view that the Atacama Desert has been continuously dry for 40 million years, suggesting a much wetter past.
The Indian rupee experienced its sharpest single-day decline in eight weeks, settling at 94.83 per dollar, primarily due to escalating crude oil prices and persistent risk-off sentiment driven by heightened geopolitical tensions and limited foreign inflows.
New South Wales (NSW) has strongly criticised Cricket Australia's (CA) decision to proceed with a "self-determination" model for Big Bash League (BBL) privatisation, warning of potential threats to investment in grassroots cricket and long-term implications for the sport. NSW, which operates two BBL clubs, expressed disappointment over the lack of alignment across Australian cricket and highlighted unfulfilled conditions for the sale process.
Despite current headwinds, India remains the world's fastest-growing major economy and should not allow near-term challenges to obscure its long-term growth potential, said Jane Fraser, Citi Chair and Chief Executive Officer.
The Congress party has strongly refuted claims by Parliamentary Standing Committee on Finance Chairperson Bhartruhari Mahtab that opposition MPs supported levying a Merchant Discount Rate (MDR) on UPI transactions. Congress MP Manish Tewari termed Mahtab's remarks "erroneous and fallacious," clarifying that the committee's recommendation was to "explore" revenue models, not to implement MDR. The party accused Mahtab of misleading due to his recent switch to the BJP.
Amruta Fadnavis, wife of Maharashtra Chief Minister Devendra Fadnavis, has stated that festivals like Navratri are inclusive and there is nothing wrong with Muslim individuals attending the celebrations, despite the Vishva Hindu Parishad's call to bar Muslims from such events and BJP leader Nitesh Rane's support for the ban.
The Indian government has confirmed there will be no rollback of the 0.4 per cent Merchant Discount Rate (MDR) charges on Unified Payments Interface (UPI) transactions exceeding Rs 2,000, effective from October 15. Despite opposition, officials state the decision aims to make the UPI ecosystem self-sustainable and secure, with charges applying only to merchant payments, not person-to-person transactions.
The All India Football Federation (AIFF) announced the new season of the Indian Women's League (IWL) will commence in October, alongside IWL 2. The federation also revealed significant changes including higher coaching licence requirements, revised disciplinary rules, and an ambitious long-term expansion strategy aiming for 12 teams by 2032 to professionalise women's football in India.
Researchers from IIT Guwahati and BHU have devised an eco-friendly biological method to treat textile wastewater, specifically targeting toxic azo dyes. Their novel bacterium, 'Brevundimonas sp. AJZ05', effectively degrades 98.50 per cent of Direct Blue-6 dye, producing non-toxic byproducts, offering a sustainable alternative to conventional chemical treatments.
The ruling does not mean developers must always pay stamp duty. The liability depends on the applicable law and contractual terms.
India's venture capital deal value grew by a modest 5 per cent in the first seven months of the year, significantly lagging the global average surge of 161 per cent, reflecting continued investor caution and valuation discipline.
Higher US Treasury yields, particularly the 10-year yield approaching 5 per cent, pose a significant near-term risk to global equity markets, including India, potentially triggering a 'big correction' according to market strategists.
Senior executives from Meta, the parent company of Facebook, Instagram, and WhatsApp, appeared before India's child rights body, NCPCR, for questioning regarding alleged advertisements promoting child sexual exploitative and abuse material (CSEAM) on its platforms. This follows a BBC report and a stern notice from the Ministry of Electronics and Information Technology (MeitY) to Meta over the issue.
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.
Moody's Ratings has sharply increased India's GDP growth forecast for fiscal 2026-27 to 7 per cent, making it the fastest among G20 economies, driven by economic resilience despite the Middle East conflict. However, the agency flagged significant inflation risks stemming from elevated oil prices and potential El Nino disruptions.
The ruling BJP has increased its lead over the Congress in the Rajasthan urban local body elections, winning 3,587 wards against Congress's 3,050. Independents also performed strongly, securing 2,024 wards. While BJP secured a clear majority in Udaipur, Congress won in Ajmer and Pali. Bharatpur, the Chief Minister's hometown, saw Independents leading. These elections are a crucial test for the Bhajanlal Sharma-led BJP government ahead of the 2028 Assembly polls.
New research suggests that Venus's slow spin rate and strong gravity likely caused any hypothetical moon it once had to crash into the planet. This study, led by astrophysicist Stephen Kane, models planetary interactions and indicates that Venus did not require a catastrophic event to lose a moon, but rather its inherent physical properties led to its absorption. This finding has implications for understanding moon retention in other slowly rotating terrestrial planets.
The Shapoorji Pallonji (SP) Group, the second-largest shareholder in Tata Sons, has publicly endorsed a listing of the Tata Group's holding company, aligning with the board's push for greater transparency and public accountability despite opposition from the Tata Trusts.
Adani Airport Holdings (AAHL) has announced it will raise 9,825 crore through a primary equity infusion from a consortium of global investors, including Alpha Wave Global, Premji Invest, Temasek, and funds managed by BlackRock, who will collectively acquire a 5.54 per cent stake.
Vijay's Thirupaachi and son Jason Sanjay's Sigma could end up in an unexpected box office face-off, setting up a fascinating father-son clash.
The US Department of Homeland Security faced widespread criticism for an AI-generated advertisement featuring a brown-bearded man identified as "Mr Singh" in a campaign against unlicensed commercial drivers. Advocacy groups, including the Hindu American Foundation and Sikh Coalition, condemned the ad as "racist" and "anti-American" for its perceived targeting and profiling of Sikh and Hindu communities.
Chinese Foreign Minister Wang Yi stated that President Xi Jinping and Prime Minister Narendra Modi reached a crucial consensus during the BRICS summit, agreeing that China and India should be partners, not rivals. The leaders pledged to maintain peace and tranquility in border areas, deepen cooperation, and support each other in multilateral forums, aiming to strengthen the Global South and promote a multipolar world order.
The Ministry of Home Affairs informed a Joint Committee of Parliament that the number of active NGOs registered under the Foreign Contribution (Regulation) Act has halved over the last decade, even as foreign funds received by them have significantly increased. Christian associations received the largest share of these funds in 2024-25. The report comes amidst discussions on a contentious FCRA amendment bill aimed at tighter government oversight.
