Airtel Business CEO Sharat Sinha stated that evolving architecture and methodologies for safely deploying Artificial Intelligence, coupled with adequate guardrails, are essential to unlock productivity gains. He welcomed the government's upcoming consultation paper on AI regulation, focusing on safety, deepfakes, and a human-first approach. Sinha also highlighted AI's role in driving demand for digital infrastructure and Airtel's growth in cybersecurity and fraud prevention.
A Special Investigation Team (SIT) probing the road rage incident involving female biker Shivani Chauhan in Gurugram has concluded that accused Kalyan Baisla deliberately rammed his car into her motorcycle after misbehaving with her. All charges, including attempt to murder, are likely to be retained in the upcoming chargesheet.
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.
The Supreme Court has made permanent its order protecting a journalist from coercive action in a road rage case and quashed a police notice to 'X' seeking his digital details. The court noted the police sought data from before the alleged crime and granted the journalist liberty to challenge the FIR and seek guidelines for data collection.
The Indian government, through the Ministry of Electronics and Information Technology (MeitY), has issued an advisory to Meta, urging the social media giant to prevent its recommendation systems from disproportionately exposing users to limited narratives and to enhance checks on content that could incite public disorder or unlawful activity. The advisory, dated October 10, also calls for Meta to provide adequate context for content related to ongoing public events and to review its content-ranking mechanisms to avoid amplifying misleading information.
A gym owner in Navi Mumbai has been arrested for allegedly blackmailing his woman business partner and extorting Rs 38 lakh. He threatened to circulate her objectionable videos, which he secretly recorded after establishing physical relations. The victim filed a complaint, leading to his apprehension and remand in police custody.
Jio Platforms Ltd's (JPL) public offer, valued at Rs 30,213 crore, was fully subscribed within 100 minutes of opening, making it the fastest-ever subscribed IPO in India, driven by strong institutional demand.
Anup Bagchi has officially taken over as the managing director and chief executive of HDFC Bank, becoming the first outsider to lead the institution in its three-decade history. He steps into the role facing significant challenges related to core income growth and margins, and will focus on completing the merger with HDFC and engaging with stakeholders.
Bengaluru Police Commissioner revealed that the mobile phone used in the alleged sting operation against former Karnataka CM Siddaramaiah was purchased in Delhi and handed over at Union Minister H D Kumaraswamy's official residence. An arrested accused, Ritesh Pandey, made this statement. Kumaraswamy has strongly reacted, accusing the police of acting under influence, while Home Minister Priyank Kharge stated the investigation is ongoing with significant leads.
IBM India and South Asia MD Sandip Patel stated that India is at a defining moment with a unique opportunity to shape exponential technologies like artificial intelligence, emphasizing that "when India builds, it builds for billions," leading to scalable impact. Speaking at the IBM Think 2026 event, Patel highlighted that the AI revolution is still in its early stages, requiring enterprises to redesign their operations around agents, real-time data, automation, hybrid architecture, and trust. He also introduced the concept of "digital swaraj" or sovereignty in the Indian context, stressing the importance of control over operating environments, data, technology, and AI execution. IBM also announced an MoU with MeitY Startup Hub to accelerate India's deep tech innovation and startup ecosystem, providing startups access to IBM's technology expertise and platforms like watsonx and Sovereign Core.
India is proposing the Data Empowerment and Protection Architecture (DEPA) for AI Training, a national framework designed to enable startups, researchers, and companies to train AI models using data from hospitals, banks, and public agencies while ensuring privacy and security. This initiative aims to unlock significant AI-driven value for India's GDP by 2030.
The Indian men's kabaddi team secured a spot in the semifinals of the inaugural Commonwealth Kabaddi Championship with a commanding 48-20 victory over Tanzania on Tuesday. India displayed an all-round performance, leading from the start and inflicting multiple all-outs. Other matches saw Kenyan women, Malaysian women, Bangladesh, and Canada also register significant wins in their respective categories.
RBI Deputy Governor Poonam Gupta stated that India's economic growth momentum remains strong despite various global and domestic shocks, attributing this resilience to a diversified growth base and improved policy responses. She highlighted the economy's 7.8 per cent growth in Q1 and continued momentum into Q2, suggesting potential upgrades to growth forecasts.
Delhi Police have arrested two men, including a BTech graduate, from Jharkhand for their alleged involvement in a cyber-fraud racket. The duo cheated over 50 people, primarily those aged above 50, by impersonating bank officials and misusing credit card details through video calls and screen sharing. They were apprehended in Dhanbad following an investigation into a complaint filed on September 23.
The first five matches of the Indian Super League 2026-27 season have garnered significant viewership on YouTube, with 65 million views and 52 million viewers. The opening week also saw high concurrent viewership, particularly for the Inter Kashi versus Kerala Blasters FC match, and strong engagement across both English and Hindi feeds, underscoring the league's growing digital presence and the importance of multilingual content.
Two 19-year-old youths have been arrested from Andhra Pradesh in connection with a recent firing incident outside a factory in northwest Delhi. Police are investigating their alleged links with gangster Nitin Dabas alias Vicky Hadal and an organised criminal network, who allegedly directed the attack.
Engineering conglomerate Larsen & Toubro (L&T) announced a significant 32.5 per cent increase in consolidated net profit, reaching Rs 5,202.10 crore for the quarter ended September 2026, driven by robust revenue growth and a 28 per cent surge in order inflows.
Bajaj Finance reported a strong Q1 FY27 performance with 24 per cent year-on-year AUM growth and a 28 per cent rise in consolidated profit after tax, driven by significant increases in consumer financing, gold loans, and commercial vehicle loans, alongside a strategic focus on digital transformation and AI.
FMCG giant Hindustan Unilever Ltd (HUL) reported a steady consolidated net profit of Rs 2,796 crore in the September quarter of FY27, despite a higher base from a one-off tax gain in the previous year. The company's revenue from product sales surged by 14.77 per cent to Rs 18,037 crore, driven by a strong underlying volume growth of 7 per cent.
Faridabad police have arrested three individuals for robbing a man of Rs 32,500 at knifepoint after luring him through the dating app Grindr. The victim was taken to a secluded spot, assaulted, and robbed, with the extorted money later deposited into an online betting site.
Saransh Jain's career-best 7/40 bowled Bihar out for 99 before Saksham Purohit's unbeaten 113 powered Madhya Pradesh to a 162-run lead, while Priyanshu Moliya and Nachiket Bhute impressed elsewhere.
Delhi Police have arrested two men for impersonating a corporate director and defrauding banks of Rs 22.56 lakh through fraudulent RTGS instructions. The investigation led to the recovery of assets worth Rs 2.5 crore, including gold, cash, and a Thar, and helped solve six other similar cases of financial fraud.
'There should have been more transparency in the process which even today we don't know.'
Jio Platforms Ltd's Rs 30,213-crore initial public offering (IPO) has garnered bids worth Rs 3.73 lakh crore, achieving a subscription rate of 5.57 times the shares on offer, driven by robust institutional and anchor investor demand.
The Azadpur Agricultural Produce Marketing Committee (APMC) has introduced an online payment system for gate pass fees, aiming to reduce congestion, enhance transparency, and streamline operations at Asia's largest wholesale fruits and vegetables market. This digital initiative is expected to benefit traders, drivers, and other stakeholders by speeding up vehicle entry and minimising cash transactions.
The Azadpur Agricultural Produce Marketing Committee (APMC) has introduced an online payment system for gate pass fees, aiming to reduce congestion, enhance transparency, and streamline operations at Asia's largest wholesale fruits and vegetables market. This digital initiative is expected to benefit traders, drivers, and other stakeholders by speeding up vehicle entry and minimising cash transactions.
From Salman Khan's cheeky advice to Varun Dhawan to Kareena Kapoor Khan and Shahid Kapoor's reunion, the IIFA announcement in Mumbai was a starry affair.
Morgan Stanley has upgraded One 97 Communications Ltd (Paytm) to Overweight, significantly raising its price target to Rs 1,950. This upgrade is driven by expectations of stronger execution in payments and financial services, leading to faster growth and improved profitability. The brokerage anticipates substantial revenue and EBITDA growth, further bolstered by potential changes to the UPI merchant discount rate framework.
The CBI has filed a charge sheet in the NEET-UG 2026 paper leak case, relying heavily on digital forensic evidence including an access control app and call data records. The investigation revealed that three NTA subject experts allegedly exploited procedural gaps to leak confidential questions for money, involving a beautician and a coaching centre owner in the distribution of the leaked material to aspirants.
Prime Minister Narendra Modi celebrated 11 years of the Digital India initiative, highlighting its role in redefining governance, empowering citizens, and accelerating all-round development. He emphasised its impact on digital payments, direct benefit transfers, and expanding digital public infrastructure, making technology a powerful instrument for 'Ease of Living' across India, including tier-2 and tier-3 cities.
IndiGo and Air India Group will progressively shift flights from Mumbai's Chhatrapati Shivaji Maharaj International Airport (CSMIA) to the newly built Navi Mumbai International Airport (NMIA) starting from December. This phased transition, expected to complete by the 2027 summer aviation season, aims to ease capacity constraints at CSMIA, facilitate its Terminal 1 redevelopment, and establish a dual-airport system for Mumbai, enhancing connectivity and future growth.
Adani Enterprises and US-based Jabil have signed a non-binding agreement to establish a 50:50 joint venture in India. This JV will manufacture artificial intelligence and data centre equipment, including AI racks, servers, storage, networking gear, and cooling systems, targeting both Indian and global markets. The collaboration aims to capitalise on India's accelerating data centre demand and the surging global investment in AI compute infrastructure.
Delhi Police have busted a cyber fraud network in Greater Noida, arresting seven individuals involved in supplying bank accounts opened through fake firms to cybercriminals. The network facilitated over Rs 30 crore in credit transactions and is linked to 27 cyber fraud complaints across various states. The investigation began after a Delhi University student was defrauded of Rs 6,450.
Most of the companies AI models and AI agents targeted had no idea their networks had been breached.
A three-day 'AI Champions for Digital Governance' programme has commenced in New Delhi, hosted by ITDC, SCOPE, and LBSNAA. The initiative aims to train senior leadership and operational teams in applying artificial intelligence within public sector organisations, aligning with the IndiaAI Mission. Experts highlighted AI's role in improving efficiency, productivity, and public service delivery, while also emphasising responsible adoption and data quality. The programme seeks to build an AI-ready nation and contribute to India's vision of future-ready governance systems.
A three-day 'AI Champions for Digital Governance' programme has commenced in New Delhi, hosted by ITDC, SCOPE, and LBSNAA. The initiative aims to train senior leadership and operational teams in applying artificial intelligence within public sector organisations, aligning with the IndiaAI Mission. Experts highlighted AI's role in improving efficiency, productivity, and public service delivery, while also emphasising responsible adoption and data quality. The programme seeks to build an AI-ready nation and contribute to India's vision of future-ready governance systems.
A new EY India report highlights how young professionals, women wealth creators, entrepreneurs, ESOP beneficiaries, and digitally active consumers from Tier-2 and Tier-3 cities are fundamentally changing India's wealth ecosystem. This shift is evidenced by increased participation of young and women investors, a rise in disciplined investing via SIPs, and the crucial role of Digital Public Infrastructure in democratizing access to long-term wealth creation. The report predicts over 100 million new investors by 2035.
Becoming wealthier isn't only about earning more money. Sometimes, it starts with stopping the money you already earn from quietly disappearing.
Samajwadi Party president Akhilesh Yadav has criticised the BJP government, posing 12 questions regarding the banking sector. He highlighted issues such as recurring bank charges, reduced interest rates, demonetisation's impact, missing locker valuables, and poor working conditions for bank employees, accusing the government of weakening banks and exploiting vulnerable communities.
'If you ask Prime Minister Modi prove you are Indian, as per the Election Commission's criteria, he may not be able to prove that he is an Indian.'
