Indian lawyer Vijay Aggarwal, currently in London on sexual assault charges, now faces accusations of rape and facilitating exploitation. His assistant and another individual are also implicated. Aggarwal, known for representing Mehul Choksi, was denied bail due to flight risk and concerns over a "sinister recruiting campaign." The trial is scheduled for March 2027.
'Get people young, train them, assimilate them, and grow them adequately.'
Following the death of veteran actor Nana Patekar, a Maharashtra village, Dhondalgaon, recalls how his NAAM Foundation funded a water conservation project ten years ago, transforming it from a drought-prone area to a 'tanker-free' and economically thriving community. The project, which involved desilting barrages, boosted agriculture and dairy farming, and eliminated farmer suicides.
India-US ties may be strained, but abandoning the relationship is not the answer; India must deal with Washington firmly without becoming either servile or hostile, asserts Ambassador T P Sreenivasan.
InsuranceDekho and RenewBuy have merged to establish India's largest artificial intelligence (AI)-enabled insurance distribution platform, targeting a significant premium book and extensive reach across the country.
'Nana left Mumbai, its luxuries and all the roles he could have played, and moved to Pune, where he lived like a farmer.'
NPCI chief Dilip Asbe stated that only about 10% of UPI transaction value might see charges passed to consumers, primarily from large corporates already absorbing credit card fees. He highlighted that 80% of Merchant Discount Rate (MDR) would come from businesses with over Rs 1,000 crore turnover, and a significant portion of transactions will remain charge-free. A new fund, potentially Rs 3,000 crore, will also be created from MDR collection to support small merchants and accelerate UPI acceptance.
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.
'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.'
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.
Customer experience firm Fusion CX is significantly investing in AI-enabled services and data infrastructure, aiming to increase its share in total turnover to 25% within 12-18 months. The company, which reported a turnover of Rs 1,818.13 crore in FY26, is preparing for an IPO of Rs 800-1,000 crore in October, driven by organic growth, acquisitions, and its AI strategy.
"Pressure on the current account is a temporary problem. Sooner rather than later, our external sector will improve," said RBI Governor Sanjay Malhotra.
A national study of top 75 Indian B-schools reveals a significant competency gap in AI skills among management graduates, with industry expectations far exceeding current MBA capabilities. A new framework by AIMS, EPSI, and IMC highlights the urgent need for management education to adapt to an AI-led workplace, emphasizing behavioural competencies alongside data fluency.
'When we start describing somebody as an enemy that is the start of politics and emotion after which no business can take place.' 'We need to get out of this, allow Indian businessmen to do business with China.'
During the 18th BRICS Summit in New Delhi, Chinese President Xi Jinping and Prime Minister Narendra Modi held a bilateral meeting, outlining a four-point approach for the steady and long-term development of China-India relations. The leaders stressed strategic understanding, win-win cooperation, mutual respect, and inclusive multilateral engagement, reaffirming their commitment to resolving the boundary question and addressing economic concerns. They also discussed global challenges and strengthening people-to-people ties.
A national shotgun coach, involved in India's Asian Games preparations, is under scrutiny by the Sports Authority of India (SAI) for alleged conflict of interest. The complaint, filed by an unsuccessful bidder, concerns the coach reportedly seeking a contract to build a shooting range in Chennai. This probe could impact the coach's participation in the upcoming Asian Games, while the NRAI states it has no knowledge of such activities.
India's Goods and Services Tax (GST) receipts, after accounting for refunds, surged by 18.1 per cent annually to approximately 1.77 trillion in September, marking its fastest growth in six months. This increase was primarily driven by a significant rise in tax revenue from imports, which grew 26 per cent annually.
IndiGo will have 74 of its 224 weekly international departures affected while Air India will relocate 33 of its 100 departures.
A report by IIT-Bombay professors recommends reducing the Merchant Discount Rate (MDR) on UPI transactions from 0.40 per cent to 0.08 per cent. It suggests that banks should fund the UPI ecosystem using their net interest margins from CASA deposits, rather than relying on MDR. The report also addresses transaction costs, credit card MDR, and ATM withdrawal allowances, aiming to ensure UPI's long-term sustainability and public trust by proposing remuneration only from large merchants.
Zepto is sharply scaling back Zepto Cafe, closing hundreds of outlets and shrinking its menu as it reworks the business.
Torrent Pharma has emerged as a top sectoral pick for brokerages, driven by healthy growth in India revenues and improved gross margins, leading to a 44 per cent stock return over the past year.
As the world's most populous country, India's economy looks large in the aggregate even as its average incomes stay modest.
US President Donald Trump is expected to sign the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 later on Friday (local time). A White House official confirmed the development to ANI without revealing further details.
'In the wake of this tragedy, India will provide power to Nepal if and when the requirement for the same is communicated to India as per their needs.'
West Indies head coach Daren Sammy acknowledged the financial challenges leading to player pay cuts, stating it's "not what you want to hear before a series." He also highlighted the team's need for greater bowling discipline, especially after failing to defend a 405-run target against India, and reflected on missed opportunities to score higher in the second ODI.
The BJP has initiated a motion to remove the Speaker of the Jammu and Kashmir Legislative Assembly, Abdul Rahim Rather. This action stems from the Speaker's decision to allow a resolution by Chief Minister Omar Abdullah demanding full statehood restoration, which the BJP claims violates assembly rules. The Speaker, however, defended his actions, citing procedural rules for such motions.
Air India secured the 57th spot worldwide, marking a notable rise from its 84th position in 2025. IndiGo, meanwhile, slipped to 61st, compared with 39th place a year earlier.
'For Indian institutions this year, global peers are outpacing in key areas such as RoI, entrepreneurship, and alumni outcomes.'
Small and medium enterprise (SME) initial public offerings (IPOs) in India are significantly underperforming mainboard listings, with 81 out of 161 SME IPOs trading below their issue price this year, and a median return of -0.2 per cent compared to a 24 per cent gain for mainboard issues.
Former West Bengal Chief Minister Mamata Banerjee indicated her potential participation in a protest at Jantar Mantar on October 10, demanding the removal of Chief Election Commissioner Gyanesh Kumar. She strongly criticised the BJP and the Election Commission over alleged electoral malpractices and "SIR anomalies" in Bengal. Banerjee also expressed solidarity with Rahul and Priyanka Gandhi Vadra regarding their treatment during recent protests and plans to approach President Droupadi Murmu.
The Supreme Court has issued notices to the Election Commission and the Centre regarding pleas alleging that the poll body made several decisions without the approval of the two election commissioners. The court stated it would annul any decisions found not to be in accordance with the law, while also refusing an interim order to restrain CEC Gyanesh Kumar from making decisions.
BJP MP Raghav Chadha addressed the 12th IPU Global Conference of Young Parliamentarians in Samarkand, Uzbekistan, highlighting India's digital transformation journey. He emphasised how technology is widening access and promoting inclusion, citing UPI's success, affordable data, and robust data protection laws. Chadha also discussed India's digital cooperation with Uzbekistan and the importance of digital rights, safety, and skill development for all citizens.
The All India Football Federation has announced a series of high-profile international friendly matches for the Indian men's national team. India will host Panama on September 26 in Bengaluru, followed by five-time world champions Brazil on October 3 and two-time world champions Uruguay on October 6, both in Kolkata. These matches represent a significant step for Indian football, offering the team a chance to compete against top-ranked global opponents.
Punjab Chief Minister Bhagwant Mann has issued directives to various departments to ensure top-tier arrangements for the Asian Champions Trophy hockey tournament, set to take place in Jalandhar and Mohali from October 27 to November 5. Mann emphasised the need for world-class facilities, robust security, and comprehensive crowd management, while also calling for a statewide trophy tour and student participation to foster public enthusiasm and showcase Punjab's rich sporting heritage. He personally inspected venues and stressed the importance of cleanliness, beautification, and hospitality for international delegations.
If India does get $100 billion a year in FDI, it would be a game-changer in every possible way. FPIs would come rushing back, AI or no AI, points out Debashis Basu.
Punjab & Sind Bank MD and CEO Swarup Kumar Saha clarified that merchants cannot pass on Merchant Discount Rate (MDR) charges to customers for UPI payments, ensuring consumers only pay the displayed price. The new MDR structure, effective October 15, applies a 0.4% charge on P2M transactions above Rs 2,000, with specific flat rates for certain sectors, but small-value transactions remain free.
Russia on Monday assured India of uninterrupted supply of energy and fertilisers amid disruption caused by the West Asia crisis, as External Affairs Minister S Jaishankar met President Vladimir Putin in Moscow and held talks with his key interlocutors.
Russia remains India's biggest fertiliser supplier, with imports rising nearly 40 per cent in 2025.
Industry body Assocham has welcomed the new UPI framework for large-value merchant transactions, effective October 15. This framework introduces a 0.4 per cent Merchant Discount Rate (MDR) on person-to-merchant UPI payments exceeding Rs 2,000, with a cap of Rs 300 for transactions over Rs 75,000. The move aims to enhance UPI sustainability, support innovation, and mitigate fraud, while protecting small merchants and ensuring most everyday transactions remain free.
