Leading private banks in India, including HDFC Bank, ICICI Bank, and Axis Bank, experienced a decline in net interest margins (NIMs) during the second quarter of the financial year due to significant deposit mobilisation under the Foreign Currency Non-Resident (Bank), or FCNR (B), scheme. However, banks anticipate a recovery in margins in the coming quarters as these funds are deployed and the interest-rate cycle supports lending yields.
'The larger lesson for India Inc is that promoter oversight and professional management are not inherently contradictory. The difficulty arises when the boundaries between the two are unclear.'
The Enforcement Directorate has seized assets worth over Rs 136 crore, including land parcels and bank deposits, in a money laundering investigation against Gurugram-based realty firm Ocean Seven Buildtech Pvt Ltd (OSBPL) and its promoters. The case involves allegations of defrauding home buyers by collecting over Rs 118 crore for undeveloped projects and diverting funds. OSBPL promoter Swaraj Singh Yadav was arrested in November 2025 in connection with the fraud.
Apple's highly anticipated and most expensive foldable smartphone, the iPhone Duo, has completely sold out its first week's stock in India through pre-bookings, ahead of its official sale date of October 23. This strong demand, particularly at Apple Stores in Mumbai and New Delhi, signals a significant entry into the premium foldable market.
Nepal has banned the import, sale, and distribution of Priyagold biscuits, citing them as sub-standard. This decision follows India's food regulator FSSAI initiating legal proceedings against the manufacturer, Surya Food and Agro Ltd, for using cattle feed bran and other serious violations, and suspending its licence.
Indian Hotels Company Ltd (IHCL) is set to achieve its target of 700 hotels by fiscal year 2027, significantly ahead of its original 2030 goal, driven by strong financial performance and strategic expansion plans, including the merger of Oriental Hotels Ltd.
A Delhi-based content creator, Amir Shokeen, has been arrested for allegedly racially abusing and humiliating a youth from Tripura in a viral video. Delhi Police took suo motu cognisance of the incident, which has drawn widespread condemnation from political leaders including Union Minister Kiren Rijiju and Tripura CM Manik Saha. The Tripura Students Forum Delhi also filed a complaint seeking urgent investigation into the alleged sexual assault and derogatory remarks.
The family of anti-drug activist Parvinder Singh Jhota, who was shot dead last week in Mansa, is refusing a post-mortem examination until their demands are met. They are seeking a trauma centre in Jhota's name and compensation for the injured, despite the CBI taking over the murder investigation. Protests are ongoing, and a joint action committee has called for resignations and dismissals of officials.
Cast and crew of Prahaar: The Untold Story of Ujjwal Nikam watch the film together.
Punjab Chief Minister Bhagwant Mann has ordered a CBI probe into the murder of anti-drug activist Parvinder Singh Jhota, following intense pressure from his family and supporters after his killing on October 13 in Mansa.
'I was thinking how can I do something for these lonely, aging people in the villages. The parents stay and the children leave for a better future.'
Even as lawyers on both sides study the pros and cons of a court battle, there are unanswered questions: When did Tata Trusts review its resolution of 2025 on backing Chandrasekaran for a third term?How will the shareholders of Tata Sons respond on listing and the leadership issue?
'The last time I saw Smita, she had become a mother. The door opened. I walked in. I saw her.' 'I said, "Smita, the most creative role of your life begins now. As a mother." She laughed.' 'I spoke as if we had years. Years to meet again. Years to work again. Years to watch her child grow.'
'... but runs with the rigour and discipline of a large enterprise.'
Little Thomas may have its heart in the right place, but its storytelling never quite catches up with its intentions, rues Mayur Sanap.
A 40-year-old director in the Lok Sabha Secretariat allegedly committed suicide at his flat in Noida. Police found a suicide note mentioning a loan, and an investigation is underway.
The Centre has announced a major bureaucratic reshuffle, appointing Prakash Rajpurohit as Deputy Election Commissioner and approving appointments for 27 civil servants at joint secretary and equivalent levels across various ministries and departments.
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.
The Chhattisgarh Economic Offence Wing/Anti-Corruption Bureau (EOW/ACB) has filed its 10th supplementary charge sheet in the alleged liquor scam, accusing 20 individuals, including former state Congress treasurer Ramgopal Agrawal, and 22 firms. The 27,000-page document details illegal liquor production, hawala transactions, and investment of illicit proceeds. The scam, estimated by the ED to be between 2019 and 2022, involved a complex network of illegal liquor sales, duplicate holograms, and routing of funds.
J&K Bank MD and CEO Amitava Chatterjee defended the surcharge on UPI transactions above Rs 2,000, stating it is necessary for the system's long-term sustainability. He also discussed the shift of household savings to mutual funds, the bank's profit growth, and India's consumption-based economy.
Sandeep Modi's script afford Kartik never-before action opportunities wherein he would be doing a mix of Bruce Lee and Sylvester Stallone.
Google Cloud India's Managing Director, Sashikumar Sreedharan, has resigned to pursue a new opportunity. Amit Kumar, previously MD for Digital Natives, has been appointed as the interim head of India operations. The transition was announced by Karan Bajwa, President of Google Cloud Asia Pacific, who highlighted the company's strong momentum in India.
A high-level committee, formed after a deadly stampede at a Durga Puja pandal in Kolkata, reviewed safety arrangements at several community puja pandals. The committee announced new measures, including prohibiting food stalls near entry/exit points and eliminating separate VIP entries, to enhance crowd management and safety during the festival.
A new global survey by HP reveals that a majority of Indian students are concerned that while AI helps them work faster, it prevents them from learning material as deeply. Despite these worries, students remain optimistic about AI's role in future job markets and feel confident in using AI tools responsibly. The report calls for policymakers to focus on durable skills and core education.
Police revealed that a 22-year-old IIT Bombay student, who died by suicide last month after being caught cheating, had submitted a written apology seeking a second chance. The Mumbai crime branch is investigating the death, with over 40 statements recorded, including those of the IIT-B director and a professor accused of harassment and caste-based discrimination by the student's parents. The professor has denied the allegations.
The Cabinet Secretariat declined to act on complaints from two Election Commissioners regarding a Senior Deputy Election Commissioner's conduct, citing that the communications were in an "individual capacity" and not an official stance from the Election Commission as a whole. This decision was based on concerns about potential interference in the constitutional body's functioning.
Cummins India has announced the appointment of Gbile Adewunmi as its new Managing Director, effective November 1. Adewunmi, currently VP for Power Systems Industrial Markets, will also take on CEO responsibilities, highlighting India's strategic importance to Cummins.
Cummins India has announced the appointment of Gbile Adewunmi as its new Managing Director, effective November 1. Adewunmi, currently VP for Power Systems Industrial Markets, will also take on CEO responsibilities, highlighting India's strategic importance to Cummins.
'Why should I think of giving up?'
Six alleged members of a notorious burglary gang, active across several Uttar Pradesh districts, have been arrested in three separate police encounters. Three of the accused sustained gunshot injuries during the operations, which also led to the recovery of stolen goods and weapons.
An Air India flight from Frankfurt to Delhi was diverted to Jaipur following a false hijack alert, which was later attributed to a technical glitch. The flight, carrying 293 passengers and 13 crew, resumed its journey to Delhi after security checks, with the Directorate General of Civil Aviation (DGCA) set to investigate the incident.
Pramod Kumar, Secretary General of the Boxing Federation of India (BFI), has accused President Ajay Singh and Executive Director Col. Arun Malik of "criminal intimidation" to prevent a no-confidence motion against Singh. Kumar alleges a governance breakdown, threats to state units, and revocation of his email access, while Malik dismisses all charges as baseless.
BrahMos Aerospace expects to develop the first prototype of its next-generation BrahMos-NG missile by 2027 or 2028, while a missile with a range of 1,500 km remains part of its future roadmap and is currently at the conceptual stage, the company's CEO and managing director Dr Jaiteerth Joshi said.
The Indo-Tibetan Border Police (ITBP) is undergoing a significant modernization drive, establishing drone platoons, developing a new 'Strike' course for Galwan-like situations, and constructing underground infrastructure along the Line of Actual Control. This strategic shift, announced by DG Shatrujeet Singh Kapoor, aims to counter China, identified as India's 'biggest adversary,' by embracing modern warfare techniques learned from recent global conflicts.
The Enforcement Directorate has conducted searches across Keralam in connection with alleged irregularities amounting to Rs 92 crore in three cooperative societies: Urban Cooperative Society, Thennela Service Cooperative Society, and Kuttanellur Cooperative Bank.
Akash Ambani is leading Jio Platforms' initial public offering (IPO), set to be India's largest, with a strategy that includes appealing to regional investors and drawing parallels to his grandfather Dhirubhai Ambani's historic public listing of Reliance Industries.
Uttar Pradesh Transport Minister Dayashankar Singh has been issued a non-bailable warrant by a local court in Ballia in connection with a 23-year-old case. The case involves alleged obstruction of government work, abuse, and criminal intimidation. The next hearing is scheduled for October 25.
Haryana Chief Minister Nayab Singh Saini announced the state government's firm support for power employees, pledging to challenge the Haryana Electricity Regulatory Commission's (HERC) decision to grant a parallel electricity distribution licence to a private company for Gurugram and Nuh districts before the Appellate Tribunal for Electricity (APTEL). The government is appealing to unions to defer their planned three-day strike while making arrangements to ensure uninterrupted power supply.
'I had narrated a script to Nana Patekar, and four days before the end, he told me that once he returned from Goa, he would take the project forward. I still can't believe he is never coming back. He was always so fit, proudly flexing his muscles and urging me to work out.'
Punjabi singer Diljit Dosanjh has called for justice for anti-drug activist Parvinder Singh Jhota, who was shot dead in Mansa last week. Jhota was killed after confronting a medical store owner selling addictive drugs. His family and supporters are protesting, demanding a CBI probe and refusing cremation until justice is served, with actress Neeru Bajwa and singer Babbu Mann also showing support.
