The Sports Ministry has revised its Scheme of Assistance to National Sports Federations (ANSF), significantly increasing financial support for organising international events in India, with up to Rs 50 crore available. The new guidelines also maintain funding for National Championships, introduce assistance for National Games, and outline plans for Olympic Training Centres, aligning with India's 2036 Olympic bid and 2030 Commonwealth Games aspirations.
Union Communications Minister Jyotiraditya Scindia announced India's ambition to lead the world in 6G mobile technology and become a designer of global technology standards. Speaking at the Global Fintech Fest 2026, Scindia highlighted India's shift from being a technology market to a technology maker, emphasizing progress in 5G rollout, affordable data, and digital infrastructure driving fintech growth, while also stressing the importance of digital security.
The Indian government has notified the Legal Metrology (Indian Standard Time) Rules, 2026, establishing IST as the sole reference for all official purposes nationwide. These rules, effective in 180 days, aim to synchronise digital systems, reduce reliance on foreign time sources, and enhance coordination across critical sectors like banking, railways, and telecommunications.
The last major business daily to launch in India was Financial Chronicle in April 2008, preceded by Mint on February 1, 2007.
Maharashtra is grappling with an escalating drought crisis, with 305 talukas now declared drought-hit, prompting the state government to announce Rs 5,000 in financial aid for farmers before Diwali and extend comprehensive relief measures.
Around 40 pilots of SpiceJet's Q400 aircraft fleet refused to fly till the airline cleared their salary dues, a stance that has been supported by pilots' grouping ALPA India, according to sources.
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.
Jio Platforms (JPL) is preparing a capex-light strategy to commercially launch 6G services in the early 2030s through software upgrades, rather than fresh infrastructure investments, according to Akash Ambani, managing director of JPL.
"With the leverage available, I believe the scheme remains reasonably attractive," said P D Singh, India and South Asia Chief Executive Officer, Standard Chartered Bank, regarding the Foreign Currency Non-Resident (Bank) or FCNR (B) deposits.
The objective should be clear: Energy security without abandoning environmental responsibility; water security without ignoring local concerns; and strategic resilience without sacrificing public confidence, notes Varun Arya.
The National Financial Reporting Authority (NFRA) has commenced an investigation into Rajesh Exports concerning a 15.15 trillion financial misstatement, following a referral from market regulator Sebi.
Tewolde Gebremariam, Air India's CEO and MD-designate, has outlined passenger safety, operational reliability, and sustainable profitability as the airline's foremost priorities, emphasising a stronger safety-reporting culture and improved disruption recovery.
The Supreme Court has questioned the Centre's decision to cap trade margins on anti-cancer drugs at 30 per cent, asking why similar restrictions could not be extended to other medicines and medical consumables, citing glaring disparities between procurement costs and maximum retail prices (MRPs).
'The Indian market has struggled over the past two years.' 'It peaked in September 2024, and although it has moved up and down since then, investors have not really made money.'
Alpine managing director Steve Nielsen, a veteran of Formula 1 since 1985, shares insights into his four-decade career, the sport's evolution from a niche interest to a global powerhouse, and the roles of Bernie Ecclestone and Liberty Media in its growth. He also discusses the potential return of the Indian Grand Prix, highlighting India's significant F1 fanbase.
Coal India Ltd (CIL) has refuted claims by NTPC Ltd regarding critically low coal stocks, stating it has met and exceeded its contractual supply commitments to the power producer. CIL reported supplying 97 million tonnes to NTPC and its joint ventures during April-September of FY27, a 5% increase year-on-year.
'Reliance has had a very, very strong history of shareholder value and growth, and that's what we need to focus on the further journey from the IPO.'
The Indian government has made Bureau of Indian Standards (BIS) certification compulsory for smartphone screen protectors, effective April 1, 2027. This move aims to ensure product quality, curb low-quality imports, and significantly boost domestic manufacturing, creating a substantial industry and job opportunities.
The Reserve Bank of India (RBI) has proposed a standard operating procedure (SOP) for banks to implement temporary debit holds on accounts or transactions suspected of being involved in money-mule activity and cyber-enabled financial fraud, with a maximum duration of 60 days.
India's cybersecurity agency, CERT-In, has issued a critical advisory warning about autonomous AI agents accessing sensitive data of Indian organisations without authorisation. Government sources on Friday emphasised the need for companies to bolster cybersecurity measures and monitor system activity, noting that while no major compromise occurred, the incident serves as an early warning. Future AI regulation is expected to address the risks posed by these agents.
The International Chess Federation (FIDE) has announced it will reimburse teams, including India, that faced accommodation issues and had to pay for their own rooms at the Chess Olympiad in Samarkand, Uzbekistan.
Automobile dealers in India are reporting healthy bookings ahead of Navratri and Dussehra, with the Federation of Automobile Dealers Associations (Fada) indicating strong confidence in a pickup in deliveries from mid-October, despite a high base from last year's GST-led surge.
An urban map of the largest cities in the world, by population, in the early 1700s looked almost empty by today's standards.
The Indian Army has launched 'Bharat Rice', a superior-quality rice for defence forces, aimed at improving ration quality and logistics. This initiative, spearheaded by the Directorate General of Supplies and Transport, involves direct supply to Army Supply Depots, including remote areas, and an MoU with FCI for infrastructure utilisation during contingencies. Defence Minister Rajnath Singh highlighted its significance for soldier welfare, operational readiness, and national security, emphasising logistics as combat power.
The NCP (SP) has demanded a complete rollback of the 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, effective October 15. The party termed the move a "direct assault" on small traders and shopkeepers, accusing the Modi government of "double standards" by burdening small merchants while large industrialists benefit from loan write-offs.
RBI Deputy Governor Rohit Jain highlighted that banks are well-positioned to deploy $133 billion mobilised through FCNR(B) deposits, especially with strong credit demand ahead of the festival season, while also stressing the importance of robust technology governance and cyber defences in the financial sector.
'The Rs 35,000 crore of capex every year, I don't get to sign 35 paise out of this.'
Artificial intelligence major Anthropic has launched AI inference capabilities in India through Amazon Bedrock, allowing its Claude AI models to process data within the country's jurisdiction. This strategic move addresses the growing demand from Indian entities, particularly in regulated sectors, for compliance with local data processing norms as per the Digital Personal Data Protection Act. The initiative strengthens Anthropic's commitment to the Indian market, enabling secure and compliant AI deployment for sensitive workloads and fostering trust among major enterprises like Reliance, CRED, and NPCI.
'The most effective investment approach is one that aligns with an investor's temperament, risk tolerance, and decision-making style.'
Vithya Ramraj won three medals at the Asian Games and broke P T Usha's 42-year-old record. Her twin Nithya, an international athlete herself, ruled out of the Games by an injury, looks back at their journey from a rented home to a podium finish.
Citron, a brand under Stellantis, anticipates that three-fourths of its sales in India will originate from Tier-II, Tier-III, and smaller cities within the next five years, a significant increase from its current 55 per cent, as it expands its retail network beyond major urban centres.
Prime Minister Narendra Modi, speaking at the UPSC centenary, urged a fundamental shift in civil services recruitment and governance. He highlighted the need for services to adapt to an "instant-delivery world" powered by AI, focusing on citizen-centricity and evaluating candidates' motivation beyond academic knowledge. The PM also praised Captain Smit Machchhar's bravery during his address.
Industry experts advocate for India to develop its own artificial intelligence (AI) safety framework, distinct from US or EU models, to address unique challenges like deepfakes and cyberattacks. They call for a comprehensive commitment involving all stakeholders and a hybrid regulatory approach combining voluntary and binding measures, as the Indian government also considers new AI regulations.
Urban Indian millennials are caught in an algorithmically amplified consumption spiral where social media normalises spending patterns that systematically undermine retirement security.
'In fact, when monetary policy has been deployed, it does not distinguish between types of shocks. It goes straight for the kill.'
India was on Friday accorded the vice presidency of the Financial Action Task Force (FATF), the global body that sets standards for combating money laundering and terrorist financing, for the first time.
...and 3 lakh for harassment.
Economy passengers are paying more year-on-year while business travellers are paying less.
Weak verbs and poor language can make even impressive achievements seem ordinary, points out Nayagam PP, a career coach and founder of EduJob360.
