Gautam Adani and family have reclaimed the top spot on India's rich list, surpassing Mukesh Ambani, as the nation's billionaire population reached a record 391, according to the M3M Hurun India Rich List.
The Supreme Court has raised concerns regarding Bengaluru's Premium Floor Area Ratio (FAR) scheme, questioning its impact on urban infrastructure. The court cited Gurugram's infrastructure collapse during rains as a cautionary tale, contrasting it with Greater Noida's planned development. The scheme allows property owners to purchase additional construction rights, but petitioners argue it strains existing infrastructure and could regularise illegal constructions.
Nearly a month after devastating flash floods in Nepal, search operations are ongoing for approximately 6,000 people who remain unaccounted for. The floods, originating near the Nepal-Tibet border, caused widespread destruction, killing over 1,400 in Nepal and 43 in China, and damaging critical infrastructure. Identification of recovered bodies is a major challenge, often requiring DNA testing due to severe damage.
US President Donald Trump on Monday (local time) defended his decision to bar CNN, MS NOW, and POLITICO from the White House, characterising the media access ban as an action against "fake news" rather than an attack on constitutional press freedoms.
India experienced a mixed day at the Asian Games, with skeet shooters and rowers adding to the medal tally, and wushu player Roshibina Devi securing a silver. While kabaddi and hockey teams continued their winning streaks, boxing, gymnastics, and fencing saw disappointments. The overall medal count reached 15, with only one gold so far.
Indian-origin golfers Rayhan Thomas and Mahanth Chirravuri successfully made the cut at the Nationwide Children's Hospital Championship. Both players are aiming to improve their standings in the Korn Ferry Finals Tour points race to secure full playing rights for the next season and potentially a PGA Tour card.
Julian Suri, an Indian-origin golfer, successfully made the cut at the Simmons Bank Open, finishing at 4-under par. Fellow Indian-origin golfers Rayhan Thomas and Manthan Chirravuri, however, missed the cut but are set to participate in the upcoming Nationwide Children's Hospital Championship.
India's Asian Games campaign saw its medal tally rise to 17 with strong performances in athletics, wushu, kabaddi, and hockey, despite some disappointments in shooting, boxing, and gymnastics. The mixed 4x400m relay team secured silver, while Seema won bronze in 10,000m. Wushu player Roshibina Devi claimed silver, and rowers added a bronze. Kabaddi and men's hockey teams continued their unbeaten runs, advancing to later stages.
The National Payments Corporation of India (NPCI) stated that the Merchant Discount Rate (MDR) "is distributed only amongst the UPI ecosystem, to further invest into infrastructure resilience, innovation, cybersecurity (protecting the UPI infrastructure with banks and non-banks) and customer service."
Former Pakistan captain Wasim Akram has strongly criticised current skipper Babar Azam following Pakistan's disastrous Test series against England. Akram questioned Babar's awareness of team changes and suggested he should not have taken on the captaincy again, especially after the team's poor performance and subsequent sanctions.
The government is introducing a 0.4% Merchant Discount Rate (MDR) on UPI person-to-merchant payments above Rs 2,000, effective October 15. This move ends the zero-MDR regime, aiming to fund UPI infrastructure and sustainability, as the previous government subsidy was insufficient to cover operational costs. Payments between individuals and most everyday merchant transactions will remain free.
The Supreme Court has expressed concern to the Election Commission regarding the "almost mechanical" issuance of notices under the Special Intensive Revision (SIR) exercise in Delhi, urging additional safeguards and clarification on "logical discrepancy" criteria. The court is hearing a petition challenging the EC's process, which has seen millions of voters receive notices, raising practical difficulties and concerns about potential disenfranchisement.
The 20th Asian Games have officially commenced in Nagoya, Japan, with a vibrant opening ceremony. Emperor Naruhito declared the Games open, which saw contingents from 45 nations and the OCA Refugee Team participate in the athletes' parade.
India's derivatives market experienced a significant 23 per cent fall in average daily contracts traded in August, reaching a 13-month low of 224 million. This decline is primarily attributed to regulatory changes, including a higher securities transaction tax (STT) and enhanced collateral requirements, alongside the introduction of a closing auction session.
Indian Olympic Association president P T Usha has voiced strong objections to the Aichi-Nagoya Asian Games organisers' decision to forgo a conventional Athletes Village, opting instead for dispersed accommodation including a cruise ship. Usha, a former Asian Games athlete, highlighted the importance of a centralised village for athlete interaction and expressed concerns about logistical challenges and venue distances. She believes the traditional village system will endure despite this experiment and shared her excitement for India's performance and future hosting ambitions.
The Supreme Court has questioned the Election Commission's decision to allot the Shiv Sena's bow-and-arrow symbol to the Eknath Shinde faction, asking if the possibility of denying the symbol to both factions was adequately considered. The court also raised concerns about using legislative majority as a test while disqualification proceedings against MLAs were pending. The Shinde faction argued for the validity of the legislative majority test, citing significant vote share and legal precedents.
TVS Motor Company has emerged as India's largest two-wheeler manufacturer by total sales volume in June 2026, surpassing long-standing leaders Hero MotoCorp and Honda Motorcycle & Scooter India, primarily driven by its strong international business performance.
A new study from Stanford University suggests the human brain may have evolved as two independent organs, challenging the long-held belief of a single progenitor cell. Researchers found two parallel nervous systems developing without intersection, which could explain difficulties in growing hindbrain neurons in labs and open new avenues for treating neurological diseases.
US President Donald Trump is expected to sign the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 later on Friday (local time). A White House official confirmed the development to ANI without revealing further details.
Ganges Grandmasters, led by Ian Nepomniachtchi, defeated defending champions Alpine APL Pipers to win their first Global Chess League title. Nepomniachtchi's crucial win against Magnus Carlsen in the final, coupled with Stavroula Tsolakidou's performance, sealed the victory. FYERS American Gambits secured third place in the tournament.
Brentford secured a historic 3-0 victory over Chelsea in a Premier League match, with second-half goals from Jaidon Anthony, Igor Thiago, and Fabio Carvalho. This marks Chelsea's third consecutive league game without a win and Brentford's first home win against Chelsea since 1938.
The Central Crime Branch in Chennai has uncovered evidence suggesting that granite businessman R Veeramani's alleged sexual harassment of minors may span over two decades, predating 2003. The investigation, which began with a 2019 video clip, has identified multiple survivors, leading to charges under the POCSO Act, IT Act, and SC/ST Act against Veeramani and two accomplices. The Child Welfare Committee is also monitoring the case for further action.
Experts laud the decision to impose a 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000, effective October 15. This move, along with a dedicated fund for small merchants, is seen as crucial for creating a sustainable digital payments ecosystem, incentivising expansion in rural areas, and funding innovation while keeping most transactions free for users.
Foreign Portfolio Investors (FPIs) withdrew Rs 13,138 crore from Indian equities in the first half of September, driven by heightened global uncertainty, rising crude oil prices, firm US bond yields, and a strong dollar, impacting risk appetite.
Pranavi Urs has moved into the top 10 at the La Sella Open after a second-round 71, bringing her total to 4-under 140. Despite weather disruptions, Urs displayed resilience, mixing four birdies with three bogeys. She is currently seven shots behind leader Charlotte Heath. Other Indian golfers, Avani Prashanth, Diksha Dagar, Vani Kapoor, and Hitaashee Bakshi, are further down the leaderboard.
Shivanjay Rajput, a key accused in the Sagar hooch tragedy that killed 16, was arrested after a police encounter in Madhya Pradesh. Rajput, carrying a Rs 30,000 bounty, sustained a gunshot wound to his leg during the face-off. This arrest brings the total number of accused apprehended to 19, with FIRs against 30 individuals.
Abhishek Sharma roared back to form with a blistering 84 off 32 balls, while Arshdeep Singh's superb 3 for 19 helped India cruise to a seven-wicket win over Afghanistan in the opening T20I in Delhi on Sunday.
Indian stock market investors are closely monitoring crude oil prices, geopolitical developments in West Asia, and the implications of the US Sanctioning Russia and Iran Act, which could impose tariffs on countries, including India, that purchase Russian crude.
Microsoft India and South Asia President, Puneet Chandok, discusses the company's strong belief in human-centric AI development, significant investments in India's cloud and AI infrastructure, and the country's pivotal role as an AI market, talent hub, and technology builder. He highlights AI's impact on jobs and the need for responsible innovation.
Left parties have strongly condemned the government's decision to impose charges on UPI payments exceeding Rs 2,000, with CPI General Secretary D Raja alleging the move was made under "US pressure" to favour foreign payment companies. Both CPI and All India Forward Bloc demand the withdrawal of this "anti-people decision," arguing it burdens consumers and merchants while undermining UPI's role as a public digital infrastructure. They highlight concerns that the charges weaken India's digital sovereignty and serve commercial interests of foreign corporations like Visa and Mastercard.
The Finance Ministry has clarified that the 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, effective October 15, is not expected to increase cash transactions or cause inflation. The ministry also dismissed allegations of US pressure influencing the decision, asserting that the policy aims to promote RuPay credit cards within the UPI ecosystem, and a monitoring mechanism will ensure the MDR burden is not passed on to consumers.
Pakistan women's cricket team secured a narrow three-wicket victory over Thailand in a low-scoring thriller at the 2026 Asian Games, qualifying for the semi-finals despite a challenging chase in a rain-affected match.
India women's head coach Amol Muzumdar and skipper Harmanpreet Kaur view the Aichi-Nagoya Asian Games as crucial preparation and a 'teaser' for the 2028 Los Angeles Olympics, where women's cricket will make its debut, aiming to carry their winning mindset into both global events.
Sachin Tendulkar has acquired a 3.86 acre land parcel in Lonavala, Maharashtra, for approximately Rs 70 crore, completing the purchase through three separate conveyance deeds.
The captain of the Pakistani naval ship was overconfident, reckless and professionally incompetent. He displayed false bravado and by his actions would have caused grievous injuries to his men onboard and severely damaged the ship. On the other hand the captain of INS Kolkata maintained his cool, composure, displayed excellent seamanship skills and maintained his course and speed to avoid a major catastrophe. Comparison of the two captains shows the levels in professional competence of the two navies which are miles apart, points out Commodore Venugopal Menon (retd).
Indian para shooters Millie Shah, Mona Agarwal, and Avani Lekhara secured a gold medal in the R2 women's 10m air rifle standing SH1 team event at the Changwon 2026 WSPS Para Shooting World Championships. The men's team also won silver, and individual medals were claimed by Mona Agarwal (silver) and Avani Lekhara (bronze), significantly boosting India's medal tally.
Accel's early investment in RentoMojo, a furniture and appliance rental platform, has paid off handsomely with the company's strong debut on the stock exchanges, listing nearly 19 per cent above its issue price after a significantly oversubscribed IPO.
The Congress party won six out of nine wards where repolling was conducted across four urban local bodies in Rajasthan, while the BJP secured three. These results finalise the tally for all 10,244 wards, with the BJP holding the overall lead in total wards won, followed by Congress and Independents. The process for electing mayors and chairpersons is now underway.
'The issue appears to be less about Chandrasekaran personally and more about the direction Tata Sons should take.'
Investors opening new brokerage accounts must choose a broker suited to their style.
