'Ultimately, banks are a channel for people to get some long-term return, and this means banks need to adjust their asset-liability mismatch.' 'Customers also need long-term deposits, say those of three-five years. How would they get them if returns on those deposits do not climb?' 'Otherwise, on fixed deposits, a senior citizen doesn't get anything.'
A five-storey boys' paying guest (PG) accommodation in Satya Niketan, South Delhi, collapsed, resulting in one fatality and trapping several individuals. Rescue operations are ongoing in the congested area, with locals citing ongoing basement construction and the building's age as potential factors.
Andhra Pradesh Chief Minister N Chandrababu Naidu announced several new initiatives for Tirumala Tirupati Devasthanams (TTD), including Aadhaar-based devotee insurance for Rs 2 lakh, the establishment of an SV Museum by TCS Trust, and the introduction of electric buses donated by Reliance Foundation and Bharat Biotech. The plans also include global expansion of Srivari temples, improved Annadanam, integrated hospital services, and significant infrastructure development in Tirupati to make it a services and wedding destination with a Net Zero concept.
Mention Anant Nag to almost anyone in Karnataka and the reaction is immediate: 'Anant? Oh my God! What a fascinating man!' 'Such an intellectual. Such a great speaker. Brilliant actor.'
A report by 'Voter Adhikar Manch' has revealed that the number of excluded electors in Delhi's draft electoral roll under the Special Intensive Revision (SIR) exceeded the winning margin in 68 of 70 Assembly constituencies in the 2025 polls. The audit found over 47 lakh electors marked as absent, shifted, dead, or duplicate, raising serious questions about the integrity of the electoral process and the accuracy of voter lists.
India's deputy chef-de-mission, A Sharath Kamal, has downplayed concerns regarding the unique container room and cruise ship accommodation for athletes at the upcoming Asian Games in Aichi-Nagoya. He stated that Indian athletes have been prepared for these arrangements through mock setups at SAI centres. Kamal also expressed confidence in India's table tennis team, predicting at least one medal, specifically highlighting the men's doubles and mixed doubles pairs.
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.
The owner of the building that collapsed in Satya Niketan, Delhi, killing seven people, has been apprehended from Rajasthan's Bhiwadi area. Hariram Gupta was arrested after a massive search operation, having gone into hiding immediately after the incident. Police are continuing their investigation into the circumstances of the collapse and the repair work being carried out.
Indian athletes at the Asian Games in Nagoya are facing significant accommodation challenges, including cramped rooms on a cruise ship and long waits for check-in. The host nation's athletes are also affected, with complaints about shared rooms and general mismanagement. Organisers have opted against a traditional Athletes Village, leading to athletes travelling long distances for training, further exacerbating the logistical issues ahead of the mega-event.
A labour contractor has been apprehended in connection with the collapse of a five-storey building in Delhi's Satya Niketan, which resulted in seven deaths. The building owners are in judicial custody, and investigations are scrutinising construction work and a controversial rent agreement that disclaimed liability for tenant casualties. Authorities are also planning new policies to regulate PGs and ensure safety.
A five-storey building in South Delhi's Satya Niketan area collapsed, trapping an estimated 30 to 50 students under the debris. Rescue operations are ongoing, with locals reporting calls from those trapped inside. The building, a PG accommodation, was reportedly undergoing basement construction and had a weak foundation. Residents expressed concerns about the age and maintenance of buildings in the area.
Residents of Galchhi, Nepal, are grappling with the aftermath of devastating flash floods caused by an ice-rock avalanche, which submerged homes and infrastructure within minutes, leaving many to rebuild their lives.
"Everything was here before, but now there is nothing left," said Nayan Tiwari, one of many residents returning to flood-hit Galchhi in central Nepal to recover whatever belongings remain and to restore homes that once held their everyday lives.
The August 26, 2026 flash flood and mudslides devastated Nepal, leaving homes destroyed, families grieving, and thousands unaccounted for.'Drone views reveal mud-covered villages while survivors search for belongings and mourn loved ones. Relief operations continue as military and police forces airlift survivors, transport victims, and assist communities in the aftermath of the disaster.
The Tamil Nadu Assembly has adopted a resolution, moved by Chief Minister C Joseph Vijay, urging the Union government to permanently fix the Lok Sabha strength at 543 and implement 33 per cent women's reservation by 2029. The resolution also opposes delimitation that could disadvantage states successful in population control.
A five-storey building housing a boys' hostel in Delhi's Satya Niketan collapsed, resulting in three student deaths and five critical injuries. The incident, which occurred on a Sunday afternoon, sparked frantic rescue operations and raised serious concerns about building maintenance and safety in the congested student neighbourhood. An investigation is underway to find the building's owner.
SpaceX, led by Elon Musk, is establishing an in-house foundry in Bastrop, Texas, to produce high-spec gas turbine blades and vanes. This strategic move aims to alleviate a critical supply chain bottleneck hindering power generation for AI data centres in the US and accelerate natural gas turbine availability by up to 18 months. The facility will also leverage synergies with aerospace component manufacturing.
The Indian government has introduced a 0.4% fee on UPI transactions above Rs 2,000 for merchants, effective October 15, sparking strong opposition from political parties and traders. Despite accusations of foreign influence and demands for a rollback, the finance ministry and top functionaries have stated there will be no reversal, citing the need for a self-sustaining digital payments ecosystem.
Penguin Random House India has denied any external pressure influenced its decision not to publish Sonia Gandhi's memoir, 'Belonging: A Journey of Love', stating an 'impasse over a particular issue' led to the author's team withdrawing the book.
A gym trainer, Vijay Kumar, was shot dead by two bike-borne assailants in south Delhi's Aya Nagar. Police suspect personal enmity and are investigating a possible link to a long-running village rivalry, including other recent violent incidents in the area.
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.
Opposition parties, including Congress, TMC, and RJD, have strongly criticised the government's decision to impose a 0.4% Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000 made to merchants. They allege the move is a result of "American imperialism" and will lead to increased commodity prices, while the government maintains the charge is on merchants and not consumers, with person-to-person transactions remaining free.
Pharma major Lupin is significantly increasing its focus on biosimilars, aiming for a turnover of nearly $500 million from this segment over the next five years, driven by new product launches and expanded presence in key global markets like the US, Europe, and Japan.
For five Mumbaikars who were teenagers or in their 20s during the 1980s, the decade was not a sepia-toned Instagram filter. It was their everyday life, they tell Rediff's Rishika Shah. And while they remember its limitations, what they seem to miss most is something technology can't recreate -- the unhurried warmth of human connection.
Delhi's draft electoral roll has been published, showing 47.7 lakh voters excluded. Those omitted can file claims until September 30, with the final roll due on November 4. The exclusion follows a Special Intensive Revision exercise where many electors were categorised as "uncollectable."
The opposition has intensified its criticism of the government's decision to impose a 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, effective October 15. Leaders like Rahul Gandhi and Jairam Ramesh allege the move is a result of US pressure, particularly from American card companies, and demand an immediate rollback, warning of increased costs for consumers.
Amidst the widespread devastation caused by Nepal's deadly flash floods, a 60-year-old woman and a Chinese worker have been miraculously survived after days of being trapped, offering a beacon of hope in the ongoing search and rescue operations.
Their message is blunt: Public scientific wealth should not be transferred at what they describe as 'throwaway prices'.capability, recruitment, promotional avenues and the voice of its employees.
'The biggest difference between our marriage and that of our parents' generation is not simply that times have changed. It is that modern marriages require two people to continuously understand, support and adapt to each other while navigating a much more demanding world,' says Rahul Kulkarni.
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.
The Congress party has accused the Indian government of imposing new charges on UPI transactions due to pressure from the United States, specifically to benefit American card companies. The opposition party demanded the withdrawal of the decision, calling it "anti-national" and alleging it fills the coffers of US firms while burdening Indian citizens. The government, however, clarified that the Merchant Discount Rate (MDR) charges apply only to commercial transactions above Rs 2,000 and are not levied on consumers, a stance supported by the BJP which accused Congress of spreading "fake news".
India's cement industry is on the brink of an oversupply situation as aggressive capacity expansion by major players is set to outpace demand growth over the next two financial years, potentially leading to pricing pressures and moderated utilisation rates.
Chinese President Xi Jinping notably skipped a gala dinner hosted by Prime Minister Narendra Modi for BRICS leaders and other dignitaries, with sources suggesting he returned to his hotel to rest. Meanwhile, a grand cultural performance, 'BRICS Symphony - One Rhythm, Many Cultures', featuring artistes from member countries, was a highlight of the evening.
A stake sale by Tata Trusts will help it to have a larger corpus that could be used to balance the unequal dividends that flow from Tata Sons on an ongoing basis.
A former CRPF jawan was fatally stabbed and his brother seriously injured by five relatives in Ballia, Uttar Pradesh, following a dispute over abusive language. The incident occurred at the jawan's dairy farm, and three accused have been arrested.
The flash floods in Nepal's Nuwakot district have left a trail of destruction, damaging homes, roads and infrastructure and disrupting lives.
An army personnel has been taken into custody in connection with the theft of service weapons and ammunition from an Army facility in Hyderabad. The theft, which included assault rifles, pistols, and night vision binoculars, was detected on August 31, prompting a joint investigation by Telangana Police and Army authorities.
Delhi Police have arrested a 22-year-old man, Md Lal Babu, and his alleged girlfriend, Rukhsar Khatoon, for the murder of his wife, Sabilla Khatun, in Prahladpur last month. The motive is believed to be their relationship. The arrests followed an extensive multi-state investigation involving over 300 CCTV cameras. Lal Babu's cousin, Md Osama, was also arrested for aiding his escape.
A gym trainer, Vijay Kumar, was shot dead in south Delhi's Aya Nagar. Police suspect personal enmity and are investigating a possible link to a longstanding village rivalry. The incident involved multiple gunshots and occurred after the victim was called out of a gym.
A 52-year-old woman in Korba, Chhattisgarh, allegedly died by suicide after becoming upset over repeated internet connectivity issues that disrupted her mobile phone reels. The woman, identified as Manglo Bai Sarathi, consumed pesticide and succumbed during treatment. Police are investigating the incident.
