NeoGeoInfo Technologies, a spatial intelligence solutions provider, has secured a Series A investment of approximately USD 20 million from Neev II Fund and Aavishkaar Capital. This funding will fuel the company's R&D, expand its international presence in the Middle East and Americas, and strengthen its team for complex projects.
US Ambassador to India, Sergio Gor, highlighted the evolving US-India space partnership, moving from cooperation to "co-creation" at the Bengaluru Space Expo. He emphasised joint design, funding, and co-authoring the future of human discovery, citing the NISAR satellite and India's participation in the Artemis Accords as key examples of this growing synergy.
The Finance Ministry has clarified that the 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, effective October 15, is not expected to increase cash transactions or cause inflation. The ministry also dismissed allegations of US pressure influencing the decision, asserting that the policy aims to promote RuPay credit cards within the UPI ecosystem, and a monitoring mechanism will ensure the MDR burden is not passed on to consumers.
The New Delhi Municipal Council (NDMC) is establishing a 24x7 command centre and implementing extensive civic preparations to ensure the smooth hosting of the 18th BRICS Summit. These measures include enhanced sanitation, beautification, traffic management, and coordination among various agencies to present a welcoming city for world leaders.
Delhi Police have arrested three men from Punjab for allegedly painting pro-Khalistan and anti-BRICS slogans near the Singhu border. The arrests were made at the behest of designated terrorist Gurpatwant Singh Pannun, chief of the banned Sikhs for Justice (SFJ). One of the accused, Preetpal, previously arrested for similar activities, is suspected to be SFJ's operational head in India and is being investigated for foreign funding and links to terror operatives.
Hardeep Singh Brar, President and CEO of BMW Group India, has urged state governments like Delhi to remove price caps on road tax benefits for electric vehicles (EVs), arguing that such limits deter luxury-car buyers and hinder the transition to cleaner mobility in pollution-affected regions.
Central Delhi has undergone a significant beautification drive, including extensive lighting, floral displays, and BRICS-themed signages, in preparation for the upcoming BRICS Leaders' Summit. The New Delhi Municipal Council (NDMC) and other civic bodies have focused on sprucing up key routes, hotels, and the summit venue, Bharat Mandapam, to welcome delegates and visitors.
The Finance Ministry has refuted allegations that US pressure influenced the decision to levy a 0.4 per cent Merchant Discount Rate (MDR) on select UPI payments. The ministry clarified that the NPCI guidelines prioritise RuPay credit cards on UPI to promote domestic alternatives and ensure a self-sustaining revenue model for smaller domestic companies, countering claims of favouring foreign payment providers.
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.
Political leaders and dignitaries, including Prime Minister Narendra Modi, Home Minister Amit Shah, and US Ambassador to India Sergio Gor, joined devotees across the country in celebrating Ganesh Chaturthi with traditional fervour, offering prayers and seeking blessings.
'India was the emirate's largest international source market by hotel guest volume.'
The new Champions League season kicked off with star performances from Kylian Mbappe and Erling Haaland, securing wins for Real Madrid and Manchester City, respectively. Jose Mourinho's Madrid overcame Inter Milan, while City defeated Porto. Other matches saw Borussia Dortmund, Real Betis, Aston Villa, and AEK Athens also claim victories.
AI agent platform Runable has successfully raised $21 million in Series A funding, co-led by Susquehanna Venture Capital and Nexus Venture Partners. The company plans to use these funds to expand its growth capabilities, enhance measurement tools, and scale its Runable Academy, which supports small business owners in building and growing their ventures.
Indian squash player Velavan Senthilkumar secured his first PSA Copper-level title at the Budapest Open, defeating local favourite Balazs Farkas in a dominant final performance. This victory marks his 11th PSA Tour crown and follows impressive wins against Veer Chotrani and Eain Yow.
Delhi Police has implemented a comprehensive multi-layered security system for the upcoming BRICS Summit in New Delhi, deploying 15,000 personnel, 200 paramilitary companies, and over 500 CCTV cameras. The arrangements aim to ensure maximum security for visiting dignitaries while minimising public inconvenience, with extensive coordination across agencies and states, and robust measures at the main venue, Bharat Mandapam.
'The changes in its leadership team will help address the scepticism that has engulfed the bank over the recent period.'
Heavy rainfall in Delhi led to widespread waterlogging and severe traffic congestion, bringing the national capital to a standstill, with the India Meteorological Department issuing a red alert for further heavy rain.
Noida International Airport has officially commenced flight operations with an IndiGo flight from Lucknow making the inaugural landing, followed by a takeoff to Lucknow, carrying 172 villagers whose land was acquired for the project.
Tilak Varma, despite his white-ball success, expresses a strong desire to play Test cricket for India, considering red-ball cricket his true strength. He discusses the challenges of balancing international white-ball commitments with domestic red-ball opportunities and his eagerness to participate in the Duleep Trophy final amidst a tight schedule.
The Supreme Court has directed the Central Bureau of Investigation (CBI) to examine all six allegations of financial irregularities levelled by the Enforcement Directorate against Sameer Gehlaut, former chairperson of Indiabulls Housing Finance (IHFL), and five corporate groups, following repeated criticism of investigating agencies for lack of progress.
A Comptroller and Auditor General (CAG) audit for 2024-25 has highlighted Indian Railways' concerning trend of repaying lease charges to its borrowing arm, IRFC, from budgetary grants instead of internal resources, alongside significant delays in safety-centric works.
The question for the next 20 years is not whether India can become a $5 trillion or $10 trillion economy. Those are attractive targets, but the real question is whether India can create enough productive jobs, educate its children properly, make its cities liveable, and give hundreds of millions of people a substantially better life, asserts Ramesh Menon.
Indian squash players Veer Chotrani and Velavan Senthilkumar have successfully advanced to the quarterfinals of the Budapest Open, a significant PSA copper event in Hungary, showcasing strong performances against international competitors.
BRICS finance ministers and central bank governors have called for increased representation of emerging-market and developing economies in the IMF and World Bank, while also criticising unilateral tariffs and trade measures, as the expanded bloc aims to bolster financial cooperation amidst global fragmentation.
India and China are in what experts call 'a cooperation-versus-competition situation'.
An American Boeing C-17A Globemaster III military transport aircraft reportedly landed in Moscow on Monday morning, according to online air traffic monitoring systems, Russian news agency TASS reported.
'Wages have not risen. Rural wages have stagnated. The growth was 0.7 per cent last year. For casual and irregular labour, the wage growth is negative.'
The Indian government's proposal to extend the operating life of certain battery-electric, CNG, and hydrogen vehicles under national permits by five years could significantly improve their total cost of ownership (TCO) and residual values, according to industry experts.
'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.'
Tata Sons has the balance sheet to support them, for now.
Many women admit that while they keep clamouring to know the whereabouts of their disappeared family members, they are painfully aware that all of them may have been done to death, points out M R Narayan Swamy.
Interpol has issued a Red Corner Notice against fugitive gangster Shariq Sata, the alleged mastermind behind the November 2024 violence in Uttar Pradesh's Sambhal, following a request from the Uttar Pradesh Police via the CBI.
'Improved law and order and transparent governance have helped change UP's investment image.'
Newly listed companies Vedanta Aluminium Metal, SBI Funds Management and Manipal Health Enterprises have entered the Rs 1 trillion mcap list since March 2026.
As the world's most populous country, India's economy looks large in the aggregate even as its average incomes stay modest.
Despite near gender parity in basic bank account ownership, women in India remain significantly underrepresented in the growing platform economy due to gaps in digital financial capability and access to credit, according to a joint report by the International Labour Organization and National Council of Applied Economic Research.
'You have to get private investment to somewhere between 35% to 36% of GDP. It is hovering about 30%-31%.'
The Securities and Exchange Board of India (Sebi) is set to expand its artificial intelligence (AI)-based surveillance beyond trading data to include corporate filings, aiming to proactively flag financial misstatements and manipulation in quarterly results without relying solely on investor complaints.
JSW Group and China's SAIC Motor are in discussions for the next round of capital support for JSW MG Motor India, aiming to expand manufacturing capacity beyond 220,000 units annually to an ambitious one million vehicles and broaden its new-energy vehicle (NEV) portfolio.
Former Chief Economic Adviser Krishnamurthy V Subramanian outlines India's strategy to become a USD 55 trillion economy by 2047. The plan hinges on leveraging its young demographic in AI, dominating sunrise sectors like space and defence tech, attracting FDI, and achieving sustained 8% GDP growth.
