The Federation of Indian Pilots (FIP) has urged India's Aircraft Accident Investigation Bureau (AAIB) to conduct a comprehensive evaluation of the Boeing 787's electrical systems during its probe into the fatal Air India crash of June 2025. This call follows concerns raised by the Foundation of Aviation Safety regarding chronic system failures and the central role of electrical architecture in the B787 design. The crash, involving a Dreamliner VT-ANB, killed 260 people, and FIP emphasizes the need for detailed examination of all electrical and electronically controlled systems.
Finance Minister Nirmala Sitharaman stated that India is likely to sustain economic growth of 7 per cent or more in 2026-27, continuing the pace recorded since the Covid-19 pandemic, despite geopolitical uncertainties and supply-chain disruptions.
India's singles players Sumit Nagal and Dhakshineswar Suresh face challenging conditions in their Davis Cup Qualifier Round 2 tie against South Korea. The hosts have prepared a slow, low-bounce court with heavy balls to negate India's strengths. Captain Rohit Rajpal is confident in the team's ability to adapt and strategize, emphasizing the importance of flexibility and exposing younger players to high-pressure situations.
The Finance Ministry has dismissed allegations of US pressure influencing the 0.4% Merchant Discount Rate (MDR) on select UPI transactions. It clarified that NPCI guidelines prioritise RuPay credit cards on UPI and do not favour international cards. The ministry also asserted that the MDR, applicable to person-to-merchant transactions above Rs 2,000, is unlikely to increase cash transactions or cause inflation, with measures in place to prevent burdening consumers.
India successfully facilitated a significant diplomatic meeting between Iranian President Masoud Pezeshkian and UAE Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan on the sidelines of the BRICS Summit in New Delhi. This interaction, a diplomatic breakthrough given ongoing West Asia conflicts, occurred as BRICS adopted a declaration urging restraint and protection of civilians in the region, highlighting the bloc's commitment to peace and stability.
A new study reveals that approximately 70 per cent of the year-to-year variation in winter air pollution across northern India can be explained by the frequency of western disturbances. These storm systems, originating from the Mediterranean, help clear pollution through precipitation and ventilation. The findings suggest that predicting the frequency of these disturbances could provide advance warning of severe pollution, allowing for better preparedness and implementation of control measures.
The BRICS New Delhi Declaration has endorsed India's proposals for a Working Group on Sports Technology and a Sports Goods Manufacturing Conclave, aiming to enhance cooperation and innovation among member nations in the sports sector.
India's External Affairs Minister S Jaishankar, addressing the UN General Assembly, strongly criticised Pakistan for its support of terrorism, asserting India's right to self-defence and stating that friendship cannot coexist with terrorism. He also highlighted India's global responsibilities, contributions to the Global South, and its stance on reformed multilateralism and AI.
Mobile phone retailers across India, represented by AIMRA, are protesting the 0.4% Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000 for merchants. They plan to observe 'No UPI Day' on October 2, 2026, arguing that this fee will significantly impact their income and burden small businesses, advocating for a continued Zero MDR structure for UPI merchant payments.
The Reserve Bank of India (RBI) is planning to extend tokenisation to various financial asset classes, building on its successful trials with certificates of deposit (CDs). This move aims to enhance the efficiency of issuance, trading, and settlement of financial assets, leveraging blockchain technology and wholesale Central Bank Digital Currency (CBDC) for atomic settlements.
Indian kabaddi star Pawan Sehrawat, known as the 'High Flyer' for his six-foot jumps, shared the origin of his nickname and his journey in the sport. He also expressed pride in being a flag bearer and India's ambition to defend its Asian Games gold medal in kabaddi.
The Indian Air Force (IAF) demonstrated 'Vayu UTtaM', an indigenously developed multi-mode Unmanned Traffic Management (UTM) system, at 'Dronathon 2026' in Pokhran. This ground-based system is designed to manage drone operations in congested airspace and identify rogue drones, with applications extending to critical infrastructure, civil aviation, and public safety. The event also saw the release of the 'IAF UAS Roadmap' to guide indigenous innovation in unmanned systems.
Finance Minister Nirmala Sitharaman has strongly refuted Opposition allegations that the decision to levy a 0.4 per cent Merchant Discount Rate (MDR) on specific UPI transactions above Rs 2,000 was influenced by external pressure. She clarified that the decision was a professional one made by the payment ecosystem, not a government imposition or a tax on consumers, with collected funds distributed among banks and UPI entities to ensure a sustainable digital payments framework.
India's markets regulator Sebi has launched 'Demat 2.0', a pilot project for tokenisation of corporate bonds, enabling atomic settlement through integration with RBI's wholesale CBDC. This new market infrastructure uses Distributed Ledger Technology (DLT) to make bond issuance, trading, and settlement faster and more efficient. India is the first country to issue corporate bonds natively on a distributed ledger with central bank digital currency settlement. Additionally, RBI Governor announced new UPI innovations: 'Tap & Pay' for faster POS transactions and MyUPI, an AI-powered customer support solution.
India is actively integrating payment system harmonisation into its Free Trade Agreement (FTA) negotiations, especially with countries hosting a large Indian diaspora. This strategy aims to leverage India's growing fintech ecosystem, facilitate cross-border financial services, and position India as a global hub for financial services exports, particularly through platforms like GIFT City.
Volkswagen, a long-standing but minor player in India's fiercely competitive automotive sector, is now exploring a strategic partnership with the JSW group, aiming to revitalise its market presence, enhance profitability, and potentially establish India as a key export hub for electric vehicles.
Uttar Pradesh Chief Minister Yogi Adityanath surprised social media by delivering a speech in English at the India-Japan Business Conclave, with a video clip of his address quickly spreading online and drawing widespread reactions.
Wushu player Divyanshi Choudhary has accepted the national federation's decision to drop her from the Asian Games squad due to an ACL tear.
India's MSME sector faces a significant formal credit gap of approximately Rs 60 lakh crore, with traditional channels meeting only a fraction of the demand. A new report suggests that a centralised, interoperable digital layer could effectively bridge this gap and enhance productivity across the formal business sector by digitising workflows and enabling cash-flow-based underwriting.
Rohit Rajpal, India's Davis Cup captain, has hinted at stepping down from his role despite his contract running until 2026, stating that "every good thing comes to an end." He expressed readiness to ensure a smooth transition for his successor and believes a new captain could offer fresh perspectives. Rajpal also outlined his vision for Indian tennis, which includes a player-centric approach and a bid for the AITA presidency, aiming to develop talent and bring major international tournaments back to India.
Indian and Chinese armies held their first high-level commanders' flag talks in the Arunachal Pradesh sector, following Special Representatives dialogue. These talks, aimed at maintaining peace along the Line of Actual Control, occurred amidst reports of aggressive military posturing and just days before Chinese President Xi Jinping's visit to India for the BRICS summit.
'India is trying to project that it can engage with the world in a different way too.'
Iran's women's kabaddi team faced immense challenges during their Asian Games preparations, including frequent camp changes due to regional conflict, psychological stress on young players, and difficulties arranging international friendly matches due to sanctions.
External Affairs Minister S Jaishankar visited Kyiv, reiterating India's readiness to assist in ending the Ukraine-Russia war. He emphasised that solutions would not emerge from the battlefield and highlighted Prime Minister Modi's call for an end to the conflict. Discussions also covered humanitarian aid, the impact on commercial shipping, and bilateral trade, with Jaishankar inviting his Ukrainian counterpart to India for further talks.
Researchers from Goa Institute of Management (GIM) and Goa Business School conducted a study analysing over 1.31 lakh posts on social media platform X using machine learning models. They found that indirect aggression is most common during major social, financial, sporting, and political events in India. The study classified aggression into overt, covert, and non-aggressive forms, noting that overt aggression remained relatively low but peaked during events like India's T20 World Cup loss. The findings have significant implications for online moderation and communication policies.
'The Chinese military cannot advance much in Ladakh, even if they want to.' 'Similarly, in Arunachal Pradesh, they can rename a village or two, intrude here or there, but cannot do much more realistically.'
The UN General Assembly has adopted a resolution, backed by India, to correct the world map for a more accurate representation of continental landmasses. The resolution addresses the distortions caused by the widely used Mercator projection, which minimises the perceived sizes of regions like Africa, Latin America, and South Asia, promoting an unbalanced global view. India supports the move towards more accurate cartographic practices, specifically endorsing broader use of Equal Area map projections.
India wicketkeeper-batter Sanju Samson admits that external criticism affects him, but he has developed the maturity and experience to manage it, while also supporting the team's leadership for making difficult selection decisions in the best interest of the squad.
Indian karateka Chetan Bhatt narrowly missed out on a bronze medal at the Asian Games, losing to Chinese Taipei's Meng-yu Chung by Senshu in the men's Kumite 84kg playoff after the bout ended 1-1.
Ishan Kishan explained how he switches from long-format cricket to T20s within days, stressing quick adaptation, a calm mindset and understanding his role during partnerships with teammates.
Gaganyaan astronaut Prasanth Balakrishnan Nair stressed the critical importance of AI sovereignty for national cybersecurity, citing the increasing difficulty in distinguishing between real and fake content due to AI. Speaking at the Kerala Cyber Suraksha Summit, Nair highlighted that future conflicts and industries would involve a 'whole-of-nation approach,' blurring physical and digital boundaries. He urged greater awareness of digital threats and emphasised India's need to build on its technological capabilities in AI and cybersecurity, drawing parallels with the success of Chandrayaan-3. Other speakers also underscored the rising threat of cyberattacks and the potential for Kerala to contribute to national technology requirements.
Fuel pump dealers in Madhya Pradesh plan to stop accepting UPI payments exceeding Rs 2,000 for petrol and diesel from October 16, citing concerns over the proposed Merchant Discount Rate (MDR). The Confederation of All India Traders (CAIT) has urged the government to reconsider the MDR imposition, warning it could hinder digital payment adoption and impact traders' profits.
External Affairs Minister S Jaishankar stated that India is in continuous dialogue with both Ukraine and Russia, seeking ideas and suggestions to mitigate or cease the ongoing conflict. Following his visit to Kyiv, Jaishankar reiterated India's stance that the war must end through dialogue and diplomacy, emphasising that trade decisions like oil purchases are not the solution to the conflict.
Bangladesh-China and Bangladesh-US relations have evolved from reluctant engagement to increasingly consequential strategic partnerships.
State Bank of India Chairman C S Setty stated that banks will take three to four months to deploy the significant funds mobilised through foreign currency non-resident (bank), or FCNR(B), deposits, which is unlikely to cause "abnormal lending". He also highlighted the need for agentic artificial intelligence (AI) costs to fall sharply for its widespread deployment in India, envisioning its role in transforming banking from fraud detection to personalised financial assistance.
India's Suraj Singh Mayanglambam secured the 11th position in the men's changquan wushu final at the Aichi-Nagoya Asian Games.
RBI Deputy Governor Rohit Jain highlighted that banks are well-positioned to deploy $133 billion mobilised through FCNR(B) deposits, especially with strong credit demand ahead of the festival season, while also stressing the importance of robust technology governance and cyber defences in the financial sector.
In Rediff's new series on modern marriages, young couples from across India discuss how they deal with differences of opinion, lifestyle preferences and personal choices. Here, Tanya* tells Rishika Shah/Rediff how discovering that her husband met his ex-girlfriend left her struggling to rebuild trust, even though she has no proof that he cheated.
India's Unified Payments Interface (UPI) recorded an unprecedented 24.51 billion transactions valued at Rs 29.8 lakh crore in August, largely propelled by the Raksha Bandhan festival. This surge marks a 22% annual increase in volume and 20% in value, highlighting the expanding reach and depth of the UPI ecosystem. Experts anticipate further growth during the upcoming festive season, while UPI's international acceptance now spans 11 countries.
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.
