Passenger traffic Y-o-Y fell 26.8 per cent in April and 24.6 per cent in May, while capacity declined 9.6 per cent and 11.3 per cent, respectively.
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.
Khalin Joshi retained his one-shot lead after the third round of the inaugural Nava Raipur Open, despite a challenging day on the course. Heavy rain forced the tournament to be played over the back nine, with Angad Cheema emerging as his closest competitor.
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.
Fintech firm BharatPe has publicly supported the government's new Merchant Discount Rate (MDR) framework for UPI merchant transactions, which introduces a 0.4% fee on transfers over Rs 2,000. The company has also distanced itself from its former co-founder Ashneer Grover's strong criticism of these changes, stating his remarks are personal and do not reflect BharatPe's official position. BharatPe believes the new framework will strengthen digital payment economics while protecting consumers and small merchants.
The Indian government has introduced a 0.4 per cent charge on UPI payments exceeding Rs 2,000 made to merchants, with a cap of Rs 300 for transactions of Rs 75,000 and above. This policy shift ends the zero-MDR regime, which was previously criticised by financial institutions. While essential sectors and capital markets have specific fee structures, small merchants with monthly UPI QR code earnings up to Rs 1 lakh remain exempt. Person-to-person transfers are unaffected, and measures are in place to prevent merchants from passing these costs to customers.
Defending champions India faced significant organisational issues upon arrival in Samarkand for the Chess Olympiad, experiencing a five-hour delay in hotel room allotment. Players and coaches, including Grandmasters Srinath Narayanan and Vidit Gujrathi, expressed frustration over the poor arrangements for the prestigious FIDE tournament.
India's shooting campaign at the Asian Games faced a setback as Elavenil Valarivan and Parth Mane finished fourth in the 10m air rifle mixed team final, extending the country's wait for a gold medal. Despite strong qualification, the Indian pair struggled in the final, while China secured gold with a world record. This follows other near-misses for India, highlighting the intense competition and the need to convert strong starts into medals. The focus now shifts to upcoming events, including Manu Bhaker's participation.
Commonwealth silver medallist Rishikanta Singh, India's only male weightlifter in the Asian Games squad, has been ruled out of the upcoming continental event due to a knee injury, leaving the team with only four female lifters.
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.
Indian firm Bharat Forge and US defence major Pratt & Whitney Canada have announced a collaboration to support the development of India's high-altitude, long-endurance (HALE) unmanned aerial vehicle. This partnership involves integrating advanced turboprop engines into a DRDO-designed UAV, bolstering India's indigenous defence capabilities under the Aatmanirbhar Bharat initiative.
Defending champions India began their Asian Games campaign with a dominant 13-1 victory over Indonesia in their opening Pool A match. Striker Dilpreet Singh led the charge with four goals, supported by braces from Shilanand Lakra and Sukhjeet Singh. India's focus remains on securing the gold medal and a direct qualification for the 2028 Los Angeles Olympics.
A member of the National Traders' Welfare Board (NTWB) has urged the central government to withdraw its decision to impose a 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000, effective from October 15. He warned that the new charge, which will be borne by merchants, could negatively impact business growth and lead to higher prices, contradicting the government's 'ease of doing business' policy.
The ceremonial torch for the Chess Olympiad 2026 in Samarkand, Uzbekistan, was handed over by FIDE Interim President Viswanathan Anand and AICF president Nitin Narang to Uzbek player Javokhir Sindarov. This event marks the official countdown to the prestigious team competition, continuing a tradition started by FIDE in 2022 to build excitement for the global chess event.
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.
IIT Bhubaneswar and IIT (Indian School of Mines) Dhanbad have signed a Memorandum of Understanding to enhance research collaboration and academic interactions, particularly in semiconductor and basic sciences. The agreement facilitates joint research projects, doctoral student supervision, faculty and student exchanges, and shared experimental resources, aiming to advance knowledge and create lasting impact.
A comprehensive schedule outlines the participation of Indian athletes across various disciplines at the Asian Games on September 23, including key events in badminton, boxing, shooting, hockey, and weightlifting, with several athletes vying for qualification and medal rounds.
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.
The Indian men's chess team defeated Italy 3-1, with Nihal Sarin and D Gukesh securing key wins. The women's team also achieved a dominant 3.5-0.5 victory against Greece, maintaining their strong position in the 46th Chess Olympiad.
A new report by EY-Parthenon and CREDAI indicates that Generative AI (GenAI) could inject USD 14-17 billion into India's real estate economy over the next seven years. The technology is expected to significantly enhance operational efficiency, boost sales velocity by 30-50 per cent, and accelerate product launches, offering competitive differentiation and improved customer experiences for developers.
India is making a significant push to establish itself as a global semiconductor manufacturing hub, driven by strategic investments and policy support. The upcoming SEMICON India 2026 event will showcase the country's advancements and ambitions in this critical industry, which underpins virtually all modern electronic devices and has faced global supply chain vulnerabilities.
India's women's 10m air rifle team, comprising Sonam Uttam Maskar, Elavenil Valarivan, and Vidarsa Vinod, secured a silver medal at the Asian Games, marking the country's first medal in shooting. The trio finished second behind China, with Sonam and Elavenil also qualifying for the individual finals, raising hopes for more medals.
BJD chief Naveen Patnaik has voiced concerns over the Centre's decision to introduce Merchant Discount Rate (MDR) charges on UPI transactions above Rs 2,000 from October 15, urging protection for small traders and common people. This move has sparked a political debate, with the BJP defending the charges as beneficial for digital infrastructure and largely not impacting consumers, while the Congress and traders' associations criticise it as an additional burden.
Double Olympic medallist Manu Bhaker and defending shot put champion Tajinderpal Singh Toor have been selected as India's flag-bearers for the Asian Games opening ceremony. This decision highlights the significant contributions of shooting and athletics to India's medal tally, with a 158-strong contingent participating in the event.
Air India has been issued a show-cause notice by the ministry of civil aviation after three Italian nationals travelled from Amritsar to Delhi and then to Munich without obtaining mandatory departure immigration clearance, highlighting a 'serious security and immigration-related lapse'.
The new Mac mini stays true to its reputation: It is small on the outside but surprisingly powerful on the inside. But is it worth the price tag?
An Indian firm, Bharat Forge, and US defence major Pratt & Whitney Canada have announced a collaboration to develop India's high-altitude, long-endurance (HALE) unmanned aerial vehicle (UAV). This partnership will focus on integrating advanced turboprop engines into the DRDO-designed HALE UAV, bolstering India's indigenous defence capabilities under the Aatmanirbhar Bharat initiative. The collaboration aims to enhance India's strategic self-reliance in surveillance and reconnaissance technology.
Tata Consultancy Services (TCS) has launched India's first Oracle AI Data Platform Lab and Centre of Excellence (CoE) in Kolkata, in collaboration with Oracle. This facility aims to help enterprises accelerate the adoption of artificial intelligence and data-driven transformation by addressing challenges like fragmented data and limited AI scalability. The lab will leverage Oracle's AI Data Platform and TCS plans to expand similar CoEs to four more Indian cities.
Fintech company BharatPe has expressed strong support for the government's new Merchant Discount Rate (MDR) framework for UPI merchant transactions, which introduces a 0.4% fee on transfers exceeding Rs 2,000. The company explicitly distanced itself from critical remarks made by its former co-founder Ashneer Grover, clarifying that his views do not represent BharatPe's stance. BharatPe CEO Nalin Negi highlighted that the framework aims to strengthen digital payment economics, protect consumers and small merchants, and expand adoption in underserved markets, with most transactions remaining unaffected.
Aaron Rai has made an impressive start at the BMW PGA Championship, leading the field with a 6-under 66. Playing alongside major champions Rory McIlroy and Ryan Fox, Rai's strong performance puts him in a prime position, while McIlroy and Fox also remain in contention after their opening rounds.
India's Asian Games athletics team has been reduced from 77 to 74 members, with javelin thrower Annu Rani, long jumper Shahnavaz Khan, and sprinter Nithya Gandhe dropped due to performance and medical reasons after a confirmatory trial.
Samajwadi Party president Akhilesh Yadav has criticised the BJP government's proposed Merchant Discount Rate (MDR) on high-value UPI transactions, calling it a "chungi" (tax) on digital payments. He alleged the move was an attempt to extract money from people's transactions, contradicting the government's goal of a trillion-dollar economy. The new UPI framework will impose a 0.4% MDR on person-to-merchant transactions above Rs 2,000 from October 15, with certain sectors having a flat Rs 5 MDR.
The Enforcement Directorate (ED) Director, Rahul Navin, has issued directives to intensify action against Insolvency and Bankruptcy Code (IBC) frauds involving "large haircuts" and to address delays in police registering FIRs based on ED's requests. The agency also aims to fast-track high-profile trials under the Prevention of Money Laundering Act (PMLA) and enhance internal coordination and efficiency.
India experienced a day of mixed fortunes at the Asian Games, highlighted by Mirabai Chanu's historic silver medal in weightlifting, ending a long wait for an Asiad medal. The nation also secured several bronze medals in skeet shooting, men's badminton, and soft tennis. While Chanu shone, the shooting contingent faced challenges, and other sports like wushu, table tennis, squash, women's hockey, and kabaddi saw Indian athletes advance or dominate their events.
AI firm Pramaana Labs, with a significant Indian workforce, has successfully raised $27 million in seed funding led by Khosla Ventures. The company aims to use these funds to advance its unique technology that converts complex knowledge into machine-verifiable truth, addressing the accountability gap in AI across regulated sectors like tax, healthcare, and financial compliance.
The Indian men's hockey team secured a dominant 16-1 victory over Sri Lanka in their second Pool A match at the Asian Games, with Jugraj Singh, Abhishek, and Dilpreet Singh each scoring hat-tricks. This win follows an earlier 13-1 triumph against Indonesia, as the team prepares for tougher challenges against South Korea and Japan.
Some decades are worth remembering exactly as they were, unfiltered, because that's the only way the people who survived them get to be seen at all, points out Binu Alex.
The 80s never did subtle, and these AI makeovers prove it with the huge hair, shoulder pads, oversized hoops, acid-wash denim and makeup with zero chill.
Pakistan has formally requested the Asian Hockey Federation to move its Asian Champions Trophy matches from India to a neutral venue, citing a "sensitive bilateral situation" and security concerns. The tournament is scheduled for October 27 to November 5 in Mohali and Jalandhar. This request follows earlier claims of Pakistan's participation and past withdrawals from events in India.
Jammu and Kashmir Chief Minister Omar Abdullah congratulated Paralympics medallist Sheetal Devi for winning a gold medal at the World Archery Para Series Stage III in Ahmedabad. The 19-year-old from Kishtwar also secured a bronze in the mixed team event, making the nation proud.
