Tamil Nadu Chief Minister C Joseph Vijay presented cash incentives totalling Rs 6.85 crore to nine para-athletes who excelled at the 5th Asian Para Games in Japan. He also launched the Sportsmen Development Allowance Scheme, inaugurated new sports infrastructure including the Tamil Nadu Olympic Aquatics Academy and a Multipurpose Sports Complex, and awarded trophies to top districts in the Chief Minister's Trophy 2026.
Prime Minister Narendra Modi emphasised the democratisation of technology to ensure no section of society is left behind, advocating for affordable and accessible digital services, especially for the Global South. He highlighted the potential of Digital Public Infrastructure (DPI) and called for solutions to cyber fraud, global standards for emerging tech, and mechanisms to identify AI-generated content during his interaction with GSMA board members.
The Uttar Pradesh Anti-Terrorism Squad (ATS) has arrested Ankit Shankhwar, 24, from Kanpur for allegedly creating and selling fake email IDs to individuals in Pakistan, Bangladesh, and other countries. These IDs were reportedly used to send bomb threats to schools and establishments in major Indian cities, as well as to a concert and a Bollywood actor's residence. The investigation revealed Shankhwar used proxy servers and cryptocurrency for transactions, establishing links with foreign nationals for this illicit trade since 2021.
Bharti Airtel has reported a significant 24 per cent increase in consolidated net profit, reaching Rs 10,710 crore for the September 2026 quarter, driven by higher per-user revenue following mobile tariff adjustments and strong customer additions.
A report in the Reserve Bank of India's (RBI's) monthly bulletin suggests that satellite-based night-time lights data and Google search trends can significantly improve quarterly economic growth estimates for Gujarat, Maharashtra, and Karnataka, reducing errors by up to 62 per cent.
A month after Shiv Sena (UBT) leader Pradeep Purnekar was shot dead in Thane, his family accuses the police of shielding the real culprits and ignoring evidence, despite five arrests. The killing has heightened political tensions, with protests and opposition leaders expressing solidarity, while police maintain they are conducting a comprehensive investigation to establish the motive.
Karnataka IT Minister Priyank Kharge reviewed preparations for the 29th Bengaluru Tech Summit 2026, themed "AI & Beyond." The summit, scheduled for November 17-19, 2026, will feature over 1,800 exhibitors, focusing on AI, DeepTech, biotechnology, electronics, robotics, and startups, aiming to foster innovation and collaboration.
A Mumbai court has extended the police custody of four individuals arrested for allegedly aiding shooters in the Tiger Shroff firing case until October 28. Investigators require more time to collect voice samples and verify recovered evidence, including weapons and digital communications. The accused are implicated in procuring and smuggling firearms, with two women booking a hotel using fake IDs.
A senior manager of a jewellery firm, Sajeer Palli Mooppan, wanted in a rape case, has been extradited from the UAE to India. The extradition followed extensive coordination between Delhi Police, Interpol, CBI, and Indian ministries. The accused allegedly sexually assaulted a woman in October 2025, fled to Dubai in January 2026, and was brought back to Delhi on Wednesday after a Red Corner Notice was issued.
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.
A three-member Special Investigation Team (SIT) has been formed in Shimla to probe two cases against former SSP Sanjeev Kumar Gandhi. The allegations include misappropriation and misuse of government funds, cheating, and using forged documents, totalling over Rs 16 lakh. Gandhi denies the charges, claiming he is being targeted.
Ministry of Information and Broadcasting Secretary Chanchal Kumar outlined the critical factors for the media and entertainment sector's next growth phase, including robust intellectual property, sustainable revenue models, and disciplined investments. Speaking at the CII Big Picture Summit, he emphasised the government's role in fostering an environment for creative enterprises and addressing challenges posed by digital platforms and AI. The CII White Paper also projected a USD 100 billion Indian M&E sector, advocating for stronger IP and regulatory reforms.
A graphic designer, Pankaj Gupta, was arrested by Mumbai Crime Branch for creating malicious Android Package Kit (APK) files that enabled cyber fraudsters to cheat over 9,600 people of Rs 150 crore. Gupta, who previously escaped a digital arrest scam, developed APKs disguised as government services, selling them to cybercriminal networks in Bihar and Jharkhand.
A 27-year-old financial content creator, V Harish, known as 'Finance With Harish,' died by suicide in Chennai, prompting police to investigate allegations of cyberbullying related to his investment advisory credentials.
The government has introduced new aviation rules, the Bharatiya Vayuyan Niyam, 2026, granting it the power to intervene in airline ticket pricing during extraordinary situations.
The Ahmedabad Cyber Crime Branch has arrested two men from Rajasthan for allegedly defrauding people of Rs 8 lakh by selling fake garba event passes during Navratri. The accused used Instagram, forged email IDs, WhatsApp, and AI tools like ChatGPT to create authentic-looking tickets and promotional material, targeting around 40,000 people. They sold 686 bogus passes for various high-end events before being apprehended based on a complaint from a garba organiser.
L&T Technology Services (LTTS) reported a 66.78 per cent increase in consolidated net profit to Rs 548.2 crore for the July-September quarter of FY27, largely due to a one-time gain from the sale of its Smart World and Communication business. Revenue also grew by 12.1 per cent to Rs 3,040.4 crore. The company secured over USD 200 million in large deal wins, with a significant portion in AI-related projects, and launched an Engineering Intelligence Lab in partnership with NVIDIA.
L&T Technology Services (LTTS) reported a 66.78 per cent increase in consolidated net profit to Rs 548.2 crore for the July-September quarter of FY27, largely due to a one-time gain from the sale of its Smart World and Communication business. Revenue also grew by 12.1 per cent to Rs 3,040.4 crore. The company secured over USD 200 million in large deal wins, with a significant portion in AI-related projects, and launched an Engineering Intelligence Lab in partnership with NVIDIA.
A special MCOCA court in Mumbai has remanded Amar Mundiya, the 12th accused in the Tiger Shroff firing case, to police custody until November 6. Mundiya is accused of transferring money to co-accused, and his custody is deemed essential for further investigation into the financial transactions and digital applications used by the Lawrence Bishnoi gang members involved in the October 18 incident.
India's central cyber security agency, I4C, has issued a critical warning to banks, NBFCs, and fintech firms regarding a surge in financially motivated cyberattacks leveraging artificial intelligence agents. These AI-driven attacks enable hackers to compromise systems and execute fraudulent transactions at machine speed, making investigations complex due to record deletion. The advisory, issued in collaboration with CERT-In, urges financial institutions to implement robust security measures, align with CERT-In's blueprint, and report incidents promptly to mitigate the escalating threat.
L&T Technology Services (LTTS) CEO Amit Chadha announced that artificial intelligence is a net positive for the company, with six key focus areas expected to contribute 80% of revenue in five years. These areas, including digital manufacturing and AI infrastructure, are projected to deliver higher growth and margins, offsetting pricing pressures in traditional IT services. LTTS also inaugurated an NVIDIA-powered AI manufacturing lab in Bengaluru.
India has launched three indigenous AI foundation models, EKA-1, Dhir 2B, and Dhir 5B, under the IndiaAI Mission. Developed by Soket Labs Technology and Research and ZenteiQ AiTech Innovations, these models aim to enhance India's technological and strategic autonomy in artificial intelligence, offering solutions for various sectors including banking, cybersecurity, defence, and government services, with a focus on Indian languages and offline capabilities.
Prime Minister Narendra Modi, at the India Mobile Congress (IMC) 2026, articulated a vision for India's communications sector, emphasizing a global framework to combat cyber frauds and deepfakes. He called for India to become a hub for innovation and product development for the world. Industry leaders lauded his vision, highlighting India's robust digital infrastructure and its journey towards becoming a global technology leader, with a focus on trust, security, and responsible innovation.
The Lok Sabha has passed a Bill to amend the Payment and Settlement Systems Act, 2007, authorising the government to permit banks and service providers to levy charges on UPI and other electronic payment modes. This move aims to create a sustainable revenue model for the digital payments ecosystem, shifting from the current exemption of UPI transactions from such charges.
Reliance Industries chairman Mukesh Ambani has become the world's biggest billionaire wealth gainer, adding over USD 6 billion to his fortune in a single day, as shares of his flagship company surged following stronger-than-expected quarterly earnings.
Police in Kollam, Kerala, busted an alleged counterfeit currency printing unit at a man's house, seizing equipment and fake notes worth approximately Rs 2.5 crore. The discovery was made during a probe into the man's disappearance and suspected hawala transactions.
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu congratulated the State Cooperative Bank on successfully migrating its core banking system to the 'Finacle 10.2.25' platform. This upgrade aims to provide faster, more transparent, and secure financial services, enhancing customer experience and operational efficiency across its 262 branches.
'Decide in advance what you want -- an A rating, a pay increase, a bigger role or a specific learning opportunity. Ask for it directly,' advises rediffGURU Krishna Kumar.
Bank of Baroda has launched 'bob World 2.0', an AI-powered mobile banking app featuring voice-command capabilities for payments and navigation. The updated app also includes a personal finance management module and a persona-based customer experience, aiming to offer intuitive, secure, and personalised banking services.
India spinner Saransh Jain delivered a career-best match haul of 13 wickets (7/14 and 6/49) to lead Madhya Pradesh to an innings and 174-run victory over Bihar in their Ranji Trophy Group A match. Madhya Pradesh declared their first innings at 407 for eight, with Saksham Purohit scoring 132 and captain Rajat Patidar adding 109. Bihar struggled in both innings, with Jain proving unplayable. In another match, Priyanshu Moliya scored an unbeaten 321 for Baroda.
Jio Platforms Ltd, the digital and telecom arm of Reliance Industries, is poised to launch India's largest-ever initial public offering (IPO) at Rs 30,213 crore, surpassing Hyundai Motor India's Rs 27,870-crore offering.
Shriram Finance, a leading Indian NBFC, is aggressively expanding its gold loan and electric vehicle (EV) financing segments, targeting a Rs 20,000 crore gold loan portfolio within two years and expecting significant growth in EV disbursements.
One 97 Communications Ltd, operating Paytm, reported a significant 10-fold increase in profit after tax to Rs 225 crore in Q2 FY27, marking its sixth consecutive profitable quarter. The company also saw a 28% rise in operating revenue to Rs 2,648 crore, driven by strong performance in merchant and consumer businesses, expanded monetisation, and AI adoption. Paytm's EBITDA margin reached double digits for the first time, reflecting enhanced operating profitability.
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'Once this entire AI and tech driven euphoria in the Western markets sees a correction there will be a re-evaluation of the Indian equity market and inflows will resume.'
'It is not the market that is a competitor to SIPs . It is your lifestyle.'
Indian stock markets are set to be influenced by a confluence of factors this week, including escalating geopolitical tensions, particularly concerns over US-Iran conflict, volatile crude oil prices, and the ongoing quarterly earnings season. Additionally, the US midterm elections, foreign investor activity, and key macroeconomic data releases will also be closely monitored by investors.
Police in Thiruvananthapuram have stated that the recent murder of 17-year-old Abhiram, whose body was found in a sack, was a pre-planned act. Investigations suggest a co-accused girl was aware of the main accused's intention to kill days before the incident. The victim was lured via Instagram, and digital evidence is being collected. Abhiram's father has raised doubts, claiming his son was killed for refusing to cooperate in luring another friend.
The WhatsApp service will enable subscribers to check their PF balance, latest five transactions and passbook information.
The National Payments Corporation of India (NPCI) has informed the Supreme Court that merchants are prohibited from passing on Merchant Discount Rate (MDR) charges to customers under the new UPI pricing framework. This clarification comes in response to a petition challenging the imposition of MDR on UPI person-to-merchant transactions exceeding Rs 2,000, with NPCI defending the revised framework as crucial for the sustainability of the UPI ecosystem.
