Private corporations in India invested approximately 30.3 trillion in fixed assets during FY25, marking a 7 per cent increase from the previous year, according to the statistics ministry. This growth in private capital expenditure contrasts with a slowdown in government capital spending.
Trump has enacted a new law imposing significant sanctions on Russia and Iran, which could lead to tariffs of up to 100% on major energy importers like India and China.
Indian shooters Suruchi Singh and Kamaljeet secured a gold medal in the 10m air pistol mixed team event at the Asian Games in Japan, earning congratulations from Haryana Chief Minister Nayab Singh Saini for their dominant performance.
Finance Minister Nirmala Sitharaman clarified that the proposed Merchant Discount Rate (MDR) on select high-value UPI transactions is not a tax or cess, and its collections will not go to the government. She explained that MDR is a charge within the digital payments ecosystem, shared among participants to maintain infrastructure, and will not be passed on to consumers. The NPCI's new framework, effective October 15, applies a 0.4% MDR on person-to-merchant UPI transactions above Rs 2,000, with most transactions remaining free and small merchants exempt.
Indian shooting duo Elavenil Valarivan and Parth Mane finished fourth in the 10m air rifle mixed team final at the Asian Games, unable to convert a strong qualification performance into a medal. China won gold with a world record, while South Korea and Japan secured silver and bronze respectively.
Tom Banton's maiden ODI century, backed by Harry Brook and Jordan Cox, powered England to 355-7 before their bowlers dismissed Sri Lanka for 132, sealing series.
Government sources clarify that the 0.4% merchant discount rate (MDR) on UPI transactions above Rs 2,000, effective October 15, will not be passed on to consumers. The charge, paid by merchants, aims to create a sustainable revenue framework for the digital payments ecosystem, with funds shared among banks and UPI entities. Small merchants using QR codes for up to Rs 1 lakh monthly are exempt.
Police in Jalna, Maharashtra, have arrested a woman, her paramour, and another individual in connection with the murder of her 26-year-old husband. The crime, initially staged as a road accident, occurred in July, and investigations revealed a marital dispute and threats preceding the incident.
The protest site at Antarwali Sarati village in Maharashtra's Jalna district, which served as the epicentre for the Maratha reservation agitation led by Manoj Jarange, has been dismantled after 1,123 days. Local residents and the sarpanch decided to remove the tent and stage to facilitate daily activities and traffic movement, marking the end of a significant chapter in the three-year-long demand for OBC quota for the Maratha community.
Mirabai Chanu completed her glittering medal collection by winning Asian Games silver, adding the missing continental medal to Olympic, World, Commonwealth and Asian Championship honours.
Airtel Africa's mobile payments arm, Airtel Money, has filed for an initial public offering (IPO) on the London Stock Exchange, with the International Finance Corporation (IFC) agreeing to purchase shares worth up to $90 million at the final offer price.
Star Indian weightlifter Mirabai Chanu has finally secured an Asian Games medal, winning silver in the women's 49kg event in Nagoya. This achievement marks India's first weightlifting medal at the Asian Games since 1998 and completes Chanu's impressive collection of accolades, including an Olympic silver and World Championship titles.
The portfolio could be split between listed and unlisted investments, or structured along sectoral lines.
Indian men's and women's skeet teams have both secured bronze medals at the Asian Games. The women's team, comprising Raiza Dhillon, Maheshwari Chauhan, and Parinaaz Dhaliwal, finished third, while the men's team of Anantjeet Singh Naruka, Mairaj Ahmad Khan, and Bhavtegh Singh Gill also claimed bronze. Additionally, Raiza Dhillon and Parinaaz Dhaliwal have qualified for the individual women's skeet final, adding to India's medal tally from the shooting range.
75% of India's 60 million digital-payment merchants have never recorded a transaction above 2,000.
US President Donald Trump has shared a map on Truth Social showing the Strait of Hormuz labelled as "Trump Strait".
Indian shooters Elavenil Valarivan and Parth Mane secured second place in the 10m air rifle mixed team qualification at the Asian Games 2026, positioning them for a medal contention. China set a new world record in the same event. Separately, Aadhya Tiwari faced a defeat in her opening soft tennis match but aims to recover in her next game.
Indian wushu athletes Suraj Singh Mayanglambam, Aparna Dahiya, and Vikrant Baliyan faced mixed fortunes at the Aichi-Nagoya Asian Games.
Double Olympic-medallist Manu Bhaker finished fifth in the women's 10m air pistol individual event at the Asian Games, while India narrowly missed a team bronze, finishing fourth. Other Indian shooters Esha Singh and Suruchi Singh also did not qualify for the final. India's shooting contingent has secured seven medals so far, but no gold.
India has significantly increased its diplomatic engagements with Bhutan, Nepal, Bangladesh and the Maldives.
Punjab Police's Counter Intelligence wing in Amritsar has successfully busted a cross-border narcotics smuggling module, leading to the arrest of three individuals and the recovery of 17 kg of heroin. This latest seizure brings the total recovery by CI Amritsar to 54 kg of heroin in just four days, highlighting a significant crackdown on drug trafficking in the region.
India A, led by skipper Devdutt Padikkal's fifty and Kumar Kushagra's unbeaten 46, set Australia A a challenging target of 363 runs on day three of their four-day match in Puducherry. Australia A ended the day at 55/2, needing 308 more runs to win.
Seasoned spinner Axar Patel delivered a crucial final over, helping India clinch a narrow two-run victory against Japan in a rain-curtailed one-off T20 International in Sano, despite a challenging pitch and a low-scoring affair.
Australia's middle-order batting struggles, particularly against spin, led to their ODI series defeat against South Africa. Despite strong starts from openers, the team consistently faltered in the middle overs, a concern acknowledged by captain Mitch Marsh as a crucial learning experience ahead of the 2027 Cricket World Cup.
Scorecards and answer key will be available for download on the NBEMS website from October 1.
Minerva Public School CISCE from Mohali defeated Maqdoomiya Islamic Cultural English Medium Higher Secondary School from Kerala 3-2 to win the Junior Boys (U-17) title at the 65th Subroto Cup International Football Tournament. Other winners included Saint Patrick's High School in Junior Girls and Manik Para Vivekanand Vidyapeeth in Sub Junior Boys.
Indian shooters Kamaljeet and Suruchi Singh secured a gold medal in the 10m air pistol mixed team event at the Asian Games in Nagoya, bouncing back from individual disappointments. They dominated the final, finishing significantly ahead of South Korea.
Indian shooters Elavenil Valarivan and Parth Mane have successfully qualified for the 10m air rifle mixed team final at the Asian Games, securing their place among the top four teams. They will compete for a medal later today.
Delhi Police have arrested a woman with 12 previous criminal involvements and her alleged bodyguard in Narela, recovering heroin worth Rs 2 crore and over Rs 7.93 lakh in cash. The accused, Parvati and Vikaas Kumar, were apprehended following a raid, with Parvati known for her extensive history under the NDPS and Excise Acts and for allegedly using children in drug sales. An investigation is ongoing to uncover the full extent of their drug network.
Used-car financing has seen significant growth, but borrowers must be aware of higher interest rates, conservative loan-to-value ratios, shorter tenures, and the risk of owing more than the car's depreciated value. Understanding these factors is crucial for making informed decisions.
Veteran golfer Khalin Joshi has significantly extended his lead to six shots at the halfway stage of the Bengaluru Open 2026, following a strong four-under 68 in the second round. He now stands at 15-under 129, with local teenager Manoj S in second place.
Indian shooters Suruchi Singh and Kamaljeet secured a gold medal in the 10m air pistol mixed team event at the Asian Games, demonstrating a strong comeback after individual disappointments. Additionally, the men's 50m rifle 3 positions team, comprising Aishwary Pratap Singh Tomar, Rudrankksh Patil, and Niraj Kumar, earned a silver medal, with Tomar and Niraj also qualifying for individual finals.
Global payments solution major Mastercard has fully exited Indian fintech firm Pine Labs, selling its entire 4.31 per cent stake for Rs 933 crore through block deals on the BSE.
Is there a bigger event in India than the arrival of the rains?
Kazakh businessman Timur Turlov has been elected the new president of the world chess governing body FIDE, succeeding Arkady Dvorkovich. Turlov won a closely contested election against German entrepreneurs Wadim Rosenstein and Jan Henric Buettner, securing a four-year term. His victory comes amidst scrutiny over Russian influence and FIDE's financial independence, with Turlov campaigning on expanding digital reach and supporting smaller federations. He also addressed concerns about his ties to the outgoing administration and FIDE's commercial partner, Freedom Holding Corp.
Italian Prime Minister Giorgia Meloni has announced a series of significant educational reforms, including a proposed ban on face coverings like burqas and niqabs in schools, a legal cap on the number of foreign students per classroom, and a requirement for parents of foreign students with integration issues to learn Italian. Meloni stated these measures aim to ensure immigrants learn Italian language and culture, and respect national rules, emphasising gender equality as non-negotiable. Additionally, she revealed plans to scrap the multiple-choice entrance test for medical school admissions.
India's head coach Gautam Gambhir believes the national team possesses the talent to breach the 300-run mark in T20 cricket soon, emphasising the importance of impactful performances over individual milestones.
India experienced a day of mixed results at the Asian Games, securing a shooting gold medal through Suruchi Singh and Kamaljeet, and a silver in 10,000m for Gulveer Singh. However, the unexpected early exit of top badminton men's doubles pair Satwiksairaj Rankireddy and Chirag Shetty came as a significant setback, while other sports like Kabaddi, Squash, and Table Tennis saw Indian athletes advance or win medals.
The Karnataka CID is investigating alleged irregularities in the KPSC veterinary officer recruitment exam, questioning 40 candidates and arresting suspended IAS officer Gyanendra Kumar Gangwar. The probe has revealed financial links, with significant deposits traced to accounts connected to candidates and middlemen, and has frozen substantial amounts. The High Court has ordered a fresh probe by an SIT.
Deaf and non-verbal since birth, Sana Bahadar has found her voice through squash, overcoming financial and communication barriers while reaching the Asian Games and targeting the world top 100.