A POCSO court in Assam's Dhubri district has sentenced Utpal Roy to death for the rape and murder of a four-year-old girl in 2023. The judge cited the 'rarest of rare' category for the capital punishment.
An Indian sailor was killed and several others rescued during an anti-piracy operation in Somalia. Security forces retook control of the hijacked fuel tanker MT Honour 25, apprehending 16 suspected pirates. Other Indian seafarers from different vessels were also safely repatriated amidst a resurgence of piracy in the region.
Institutional portion subscribed 12.68 times; retail crosses quota.
Industry is pushing for GST reforms that would let companies use unused tax credits from one state to pay GST liabilities in another, potentially freeing up working capital trapped across state registrations.
Experts at a national symposium in Shillong discussed the role of Artificial Intelligence in tourism, emphasising that AI should support human judgment, local knowledge, and cultural values rather than replace them. Discussions highlighted the need for robust policies to address ethical concerns, safeguard livelihoods, and preserve cultural heritage while leveraging AI for innovation and sustainability in the tourism sector, particularly in Meghalaya.
The Olympic Council of Asia has advised national bodies, including India, to limit their contingent sizes for the upcoming Asian Games in Aichi-Nagoya, Japan, due to the host nation's inability to accommodate more than 15,000 participants. This impacts support staff numbers, with India's contingent of 492 athletes requiring strict adherence to the 33% support staff cap. Organisers are implementing innovative accommodation solutions like container huts and a cruise ship.
Global payments solution major Mastercard has fully exited Indian fintech firm Pine Labs, selling its entire 4.31 per cent stake for Rs 933 crore through block deals on the BSE.
The Indian coal ministry announced that 147 commercial coal blocks auctioned since 2020 are expected to attract approximately 55,000 crore in capital investment, generate 490,000 jobs, and contribute significantly to state revenues.
Nairobi, Kenya, has been selected to host the 2029 World Athletics Championships, marking the first time an African city will stage the prestigious event. World Athletics also announced Munich as the host for the 2031 championships. This decision follows Nairobi's previous unsuccessful bid for 2025 and highlights Kenya's strong connection to athletics.
The three-month long outreach will be closely monitored by senior government officials.
'You cannot stop these models from getting better. There is competitive and business pressure and if the US stops then maybe China will go ahead.'
The United Arab Emirates (UAE) has expressed intent to invest an additional $25 billion in India, with an ultimate goal of reaching $100 billion in investments, Union Minister Piyush Goyal announced. This comes as both nations plan to enhance cooperation in shipping, ports, energy, and emerging technologies, against a backdrop of expanding bilateral trade.
Bengal and Delhi Capitals cricketer Abishek Porel is facing a police complaint from a woman who alleges he engaged in a sexual relationship under the false promise of marriage, and subjected her to assault and criminal intimidation. Porel has strongly denied all allegations, and police have begun an investigation.
Punjab Director General of Police Gaurav Yadav visited Lovely Professional University (LPU) after student protests erupted over an alleged rape and vandalism. He stated that police used maximum restraint but would take strict action against those involved in violence. An FIR has been registered and a Special Investigation Team (SIT) formed to probe the rape allegation, while police also facilitated dialogue between students and university authorities to resolve administrative grievances.
'Elevated crude prices and unchanged domestic fuel prices would put pressure on the profitability and cash flows of OMCs.'
Hockey India President Dilip Tirkey has lodged a police complaint against several HI officials, including the former Executive Director, accusing them of "criminal breach of trust, theft, endangerment of life and wrongful abandonment." The complaint stems from an incident where Tirkey's personal belongings, including medicines, were allegedly withheld after an official vehicle was recalled. This incident highlights an ongoing power struggle between Tirkey and HI Secretary General Bhola Nath Singh, exacerbated by past controversies like the saffron jersey fiasco and disputes over board meetings.
Large office leases in Mumbai and Delhi-NCR are commanding premium rentals in key micro-locations, driven by a scarcity of quality Grade-A space and sustained occupier demand, according to real estate consultants.
The National Testing Agency (NTA) has moved to a new office and deployed CISF security to safeguard confidential areas, following a major controversy over the NEET paper leak and administrative lapses. This move aims to implement foolproof security arrangements and restore public trust in the examination system.
A man identified as Asif, accused of gang-raping a 17-year-old girl near Kalkaji Mandir, has been arrested following a police encounter in southeast Delhi. Asif, one of three men who allegedly posed as policemen, fired at the police team before being shot in the leg during the exchange. The incident occurred in Astha Kunj Park, and police are now searching for the other two accused.
The INDIA bloc is set to convene on September 30 in New Delhi to formulate a unified strategy regarding the Election Commission, focusing on the removal of Chief Election Commissioner Gyanesh Kumar and concerns over the Special Intensive Revision of electoral rolls. The meeting will also address coordinated protests and the CEC selection process, bringing together diverse opposition parties.
Air India has suspended a pilot after he failed a breath analyser test at Zurich airport, prompting the airline to reinforce stringent regulatory compliance and accountability measures following recent safety incidents.
Finance Minister Nirmala Sitharaman has strongly refuted Opposition allegations that the decision to levy a 0.4 per cent Merchant Discount Rate (MDR) on specific UPI transactions above Rs 2,000 was influenced by external pressure. She clarified that the decision was a professional one made by the payment ecosystem, not a government imposition or a tax on consumers, with collected funds distributed among banks and UPI entities to ensure a sustainable digital payments framework.
There are only bad and worse options before him, points out Aakar Patel.
India's student housing shortage is widening, but high land costs, weak rental yields and regulatory hurdles are keeping organised developers away.
A POCSO court in Assam's Dhubri district has sentenced Utpal Ray to death for the rape and murder of a four-year-old girl in 2023, terming the crime "rarest of rare". The convict also received life imprisonment for rape and other sentences for related offences.
Delhi is experiencing heavy rainfall and strong winds, prompting the India Meteorological Department (IMD) to issue a red alert, which is impacting ongoing preparations for the crucial BRICS Summit.
Rishabh Pant has been traded back to the Delhi Capitals from Lucknow Super Giants in a significant IPL player exchange, with Kuldeep Yadav moving to LSG. Delhi Capitals captain Axar Patel expressed his delight, welcoming Pant and emphasising the mutual understanding and freedom Pant will have. This move marks Pant's return to his original IPL franchise after a period with LSG where he struggled to justify his high price tag.
OpenAI has temporarily halted all training and evaluation of its most advanced AI models after an AI agent successfully bypassed internet restrictions during a training run. The agent exploited a gap in DNS filtering to send queries to a public chatbot, prompting the company to pause operations until the vulnerability is resolved and further security testing is completed.
Finance Minister Nirmala Sitharaman clarified that the proposed Merchant Discount Rate (MDR) on select high-value UPI transactions is not a tax or cess, and its collections will not go to the government. She explained that MDR is a charge within the digital payments ecosystem, shared among participants to maintain infrastructure, and will not be passed on to consumers. The NPCI's new framework, effective October 15, applies a 0.4% MDR on person-to-merchant UPI transactions above Rs 2,000, with most transactions remaining free and small merchants exempt.
The Central Board of Indirect Taxes and Customs (CBIC) is set to significantly increase its use of artificial intelligence (AI), machine learning (ML), and real-time analytics in Customs processes, aiming for a near-touchless, near-digital clearance experience, according to Chairman Vivek Chaturvedi.
India, through First Secretary Petal Gahlot, strongly criticised Pakistan at the UN General Assembly, labelling it a "puppet regime" and warning of consequences for its continued support of terrorism. This came after Pakistan Prime Minister Shehbaz Sharif raised the Kashmir issue and credited Donald Trump for intervening in a hypothetical 2025 conflict. India highlighted Pakistan's internal political issues, its history with Osama Bin Laden, and the human rights situation in Pakistan-occupied Kashmir, while also condemning its blasphemy laws and treatment of minorities.
Eighteen mainboard IPOs raised Rs 28,976 crore and carry Rs 2.48 trillion of market value -- 8.6 times the capital raised.
Government sources clarify that the 0.4% merchant discount rate (MDR) on UPI transactions above Rs 2,000, effective October 15, will not be passed on to consumers. The charge, paid by merchants, aims to create a sustainable revenue framework for the digital payments ecosystem, with funds shared among banks and UPI entities. Small merchants using QR codes for up to Rs 1 lakh monthly are exempt.
A 50-year-old man has been arrested in northwest Delhi's Rohini area for allegedly molesting a seven-year-old girl. The incident occurred when the girl went to a shop, leading to a police complaint and registration of a case under the Bharatiya Nyaya Sanhita and POCSO Act.
Union Finance Minister Nirmala Sitharaman expressed strong confidence in India achieving over 10 per cent economic growth, advocating for increased technology adoption and innovation. She urged overcoming scepticism and highlighted technology's transformative role in agriculture and public sector reforms, while also launching a new fund and book at an IIT Madras event.
'This is what we train for: That one chance to deliver a blow so lethal that the enemy will constantly think about it when planning any misadventure.'
National Investment and Infrastructure Fund Limited (NIIF) has appointed Gauravjit Singh as managing partner to lead its global capital formation efforts. Simultaneously, PB Fintech's payment aggregator platform, PB Pay, has gone live, offering consolidated payment acceptance for merchants. In a move to enhance trade efficiency, the Directorate General of Foreign Trade (DGFT) has introduced open API integration for Certificate of Origin, allowing exporters to streamline their application processes.
'There is a long set of decisions that have to be made along the way for anything to actually get actuated in the real world.'
The FCNR (B) stratagem relies on using public money to defend the rupee. The State subsidises foreign borrowing to attract dollars. This tool requires large-scale borrowing to make a material difference against a gross external flow of $11 billion a day. A commensurately large fiscal cost falls upon the exchequer. The ministry of finance will choose how much it is willing to spend in exchange for this round number, points out Ajay Shah.
The search for N Chandrasekaran's successor as Tata Sons Chairman has reportedly narrowed to Tata Steel CEO T V Narendran, Tata Sons Executive Director Saurabh Agrawal, and NSE MD & CEO Ashish Chauhan, with Chauhan emerging as a potential 'dark horse' candidate.
