A report by IIT Bombay suggests that the proposed Merchant Discount Rate (MDR) framework for Unified Payments Interface (UPI) transactions needs rationalisation before implementation to safeguard public trust in the digital payments system, highlighting that UPI's long-term economic benefits outweigh potential incremental income from merchant fees.
India's private sector capital expenditure is projected to reach approximately 3.2 trillion in the financial year 2026-27, up from 2.6 trillion in FY26, according to a Reserve Bank of India bulletin report, indicating sustained confidence despite global uncertainties.
AFC Executive Committee member Shaji Prabhakaran advocates for a balanced, long-term strategy for integrating OCI and PIO players into Indian football, stressing it's not a complete solution but a part of broader development. He also analyses recent World Cup semifinals, highlighting Spain's tactical dominance and Argentina's fighting spirit.
'93 lakhs deletions in Bengal, 96 lakhs in Tamil Nadu, 24 lakhs in Kerala, 77 lakhs in Gujarat, 45 lakhs in Madhya Pradesh, 44 lakhs in Rajasthan. 2.89 crores in Uttar Pradesh. Nearly 3 crores!'
India's latest trade data reveals a significant geographical realignment, with trade surpluses growing decisively with Asian and African nations, even as surpluses with traditional partners like the US and Netherlands narrow.
The Reserve Bank of India (RBI) has increased its GDP growth forecast for the current fiscal year (FY27) by 40 basis points to 7.1 per cent, acknowledging the resilience of domestic economic activity despite global headwinds and geopolitical tensions.
The Indian Army has launched 'Bharat Rice', a superior-quality rice for defence forces, aimed at improving ration quality and logistics. This initiative, spearheaded by the Directorate General of Supplies and Transport, involves direct supply to Army Supply Depots, including remote areas, and an MoU with FCI for infrastructure utilisation during contingencies. Defence Minister Rajnath Singh highlighted its significance for soldier welfare, operational readiness, and national security, emphasising logistics as combat power.
Anup Bagchi, the incoming MD & CEO of HDFC Bank, is set to become India's highest-paid bank CEO with a proposed target annual compensation package of approximately 35.9 crore, including a significant variable pay component and a one-time joining bonus.
HDFC Bank, India's largest private sector lender, reported a reduction of 3,343 employees in FY26, bringing its total workforce to 2,11,178, even as its balance sheet expanded by 12 per cent. The bank's MD and CEO, Sashidhar Jagdishan, attributed the headcount reduction to redeploying talent from back-end functions to customer-facing roles due to technology-led efficiencies. The annual report also addressed the challenging resignation of part-time chairman Atanu Chakraborty, which raised questions about the bank's governance standards.
'Nana left Mumbai, its luxuries and all the roles he could have played, and moved to Pune, where he lived like a farmer.'
Libras are ruled by Venus so it's no surprise that their style is often romantic, polished and beautifully balanced.
The Enforcement Directorate has arrested Pravin Shinde and Brijesh Moradiya in a money laundering investigation connected to international drug trafficker Salim Ismail Dola's syndicate. The probe revealed a highly organised network involved in manufacturing and trafficking mephedrone, using hawala channels to layer proceeds of crime and acquire assets.
India is deeply concerned by the growing consolidation of Pakistan-backed jihadi and radical Islamist groups in Bangladesh, particularly in the strategically vital Chittagong Hill Tracts, which experts warn is transforming the country into a new safe haven for these networks and posing a direct threat to India's security.
The Reserve Bank of India (RBI) has marginally raised its retail inflation forecast for the current fiscal year (FY27) to 5.2 per cent from 5 per cent, citing increasing price pressures across various commodities. Concurrently, the Monetary Policy Committee (MPC) unanimously decided to hike the key interest rate (repo) by 25 basis points to 5.5 per cent, shifting its stance to 'calibrated tightening'.
The Reserve Bank of India on Wednesday raised its policy repo rate by 25 basis points to 5.50 per cent, beginning a rate-hike cycle as rising inflation risks, elevated global yields and resilient domestic growth strengthened the case for tighter monetary policy. The decision by the Monetary Policy Committee marks a shift from its August policy, when it kept the repo rate unchanged at 5.25 per cent and retained a neutral stance while seeking greater clarity on the inflation outlook and growth-inflation balance.
Following the Indian men's hockey team's historic Asian Games gold and direct qualification for the Los Angeles 2028 Olympics, Head Coach Craig Fulton revealed plans to 'build a new team afresh' after the Hockey India League, emphasising the need for meticulous planning for the upcoming Games.
The Bombay High Court has issued a complete ban on bursting firecrackers on public roads and deemed the use of loudspeakers, DJs, and laser beams during religious processions "unwarranted." The court emphasized that festivals must be celebrated without causing noise and air pollution, highlighting the need for strict enforcement of existing regulations.
Union Minister Ashwini Vaishnaw warned of increased global turbulence from tech disruptions, AI, and financial risks in the coming years. He stated that India is strengthening its economic and technological resilience to protect its growth from external shocks. India is focusing on domestic manufacturing and design in critical tech areas while maintaining global integration, with trust becoming as crucial as cost in supply chains.
ICC Anti-Corruption Unit chief Andrew Ephgrave has labelled legends leagues, featuring retired players, as a "real grey area" due to their unsanctioned nature and potential "reputational risk" to cricket. He highlighted concerns about corruption allegations, citing a Sri Lankan league incident, and stressed the importance of distinguishing these from official cricket structures. Ephgrave also noted an increase in players reporting corrupt approaches, attributing it to improved ACU engagement.
As India's festive season approaches, passenger vehicle dealers are seeing a notable increase in inventories, yet discounts remain surprisingly moderate compared to previous years, signalling a tighter demand-supply balance in the automotive market.
'Separate needs from wants and minimise discretionary spending.'
The India U17 Women's football team is set for a decisive AFC U17 Women's Asian Cup qualifier against hosts Malaysia on Sunday. With both teams tied on points, India holds a significant goal difference advantage, meaning a draw will secure their qualification. Coach Joakim Alexandersson's Young Tigresses are aiming for a win to make history with back-to-back Asian Cup appearances.
AI infrastructure firm AM Intelligence announced plans to invest over USD 20 billion in the next 15 months to significantly expand its data centre capacity, including firm orders for 20,000 NVIDIA Rubin GPUs. This expansion will bring its total capacity to 100 Megawatt initially, with a broader goal of 1 GW of compute-as-a-service capacity globally, establishing it as a major buyer of advanced AI hardware.
Before protesting against the State, the citizen should not have to ask: Sir, may I protest, please?, asserts Prem Panicker.
The BJP spent Rs 286.99 crore on the West Bengal elections, surpassing the Congress's total expenditure of Rs 248.55 crore across five states and a Union territory. The report details spending by major parties in West Bengal, Kerala, Assam, Tamil Nadu, and Puducherry, highlighting significant financial disparities and campaign outlays.
Kumkum Mohod, 17, made history by becoming the first Indian to win an individual recurve gold at the Asian Games in Aichi-Nagoya, also securing an Olympic quota for LA 2028. Her victory over South Korea's Oh Yejin in a tense shoot-off has boosted India's confidence to challenge the long-standing Korean dominance in recurve archery. Mohod attributes her success to mental preparation, visualisation, and family sacrifices, and is now focused on securing her individual spot for the 2028 Olympics.
Prime Minister Narendra Modi and US President Donald Trump held a telephone conversation to review progress in bilateral ties, covering trade, defence, and energy, against the backdrop of heightened trade friction due to the 'Lindsey O. Graham Sanctioning Russia and Iran Act of 2026'.
'Ma would fiddle with the radio's knob until the static gave way to music; then, the voice would come on. I would be half-asleep still, understanding little of the Sanskrit words I heard but the words in chants, interspersed with songs, cast a spell. I still remember the goosebumps I felt as the epic tale of Goddess Durga's birth and battles unfolded,' says Radha Roy Biswas.
Indian benchmark indices Sensex and Nifty saw a rebound in early trade, driven by a moderation in crude oil prices, despite persistent selling by Foreign Institutional Investors (FIIs) and mixed global market cues.
'We see a lot of cases of bank deposits getting lost, especially when people die, so this will help address that because you have one consolidated view.'
Finance Minister Nirmala Sitharaman stated that negotiations for the India-US trade agreement have reached a 'plateau', indicating limited scope for further concessions from either side, while also highlighting the US's aim to reduce its trade deficit with India.
Assistant coach Sitanshu Kotak explained the recall of veteran pacer Bhuvneshwar Kumar to India's T20I squad for the New Zealand series, citing his experience and strong IPL performances. Kotak also addressed questions regarding Mohammed Shami's absence and the reported involvement of VVS Laxman in selection meetings, while discussing India's ongoing winning streak and bench strength development.
Telangana's Anti-Corruption Bureau (ACB) has registered a Disproportionate Assets (DA) case against N Lakshmi Bhasker, an Additional Medical Superintendent at NIMS, Hyderabad. Searches at his properties and associates' places revealed assets worth over Rs 6.13 crore, including apartments, plots, bank deposits, and gold, acquired through alleged corrupt practices. The investigation is ongoing.
Billy Joel has provided a reassuring health update to fans, confirming he is 'okay' after undergoing brain surgery in September to address normal pressure hydrocephalus, a condition he was diagnosed with in 2025.
South African jurist Navanethem 'Navi' Pillay, of Indian origin, has been awarded the 2026 Nobel Peace Prize for her lifelong dedication to advancing human rights, peace, and international law, including her significant contributions to shaping international law on genocide and sexual violence.
India's milk supply is struggling to keep pace with rising demand as heat, fodder shortages and low animal productivity threaten dairy production.
Gautam Gambhir criticised the batting-friendly Guwahati pitch after India chased West Indies' 405, saying bowlers need more help in ODIs.
The Supreme Court has sought responses from the Maharashtra government and other parties regarding a plea to fell and transplant trees for a proposed National Centre of Excellence for Animation, Visual Effects, Gaming, Comics and Extended Reality in Mumbai's Film City. The project, deemed of "eminent national importance," requires the felling of 124 trees and transplanting 333, with compensatory afforestation planned. The court's intervention follows a previous order restricting tree felling in the Aarey colony.
Finance Minister Nirmala Sitharaman announced that India is set to introduce a new, more investor-friendly bilateral investment treaty (BIT) framework, which is expected to receive Cabinet approval shortly, aiming to provide sharper protection for investors from both sides.
