Mid and smallcap mutual fund schemes in India have quadrupled their assets under management (AUM) to 10 trillion in five years, driven by strong investor inflows and market gains, with experts anticipating continued growth despite mixed valuations.
Actor Imran Khan, a US national and OCI cardholder, plans to challenge a Mumbai police notice in the Bombay High Court. The notice, issued after his participation in a protest against the Chief Election Commissioner, demands he leave India by October 28 for allegedly violating immigration laws. Khan's petition argues that no law prohibits OCI cardholders from protesting.
Asian Games gold medallist Aman Sherawat expresses strong confidence in winning an Olympic wrestling gold medal at the Los Angeles 2028 Games. Having defeated a world champion in the Asian Games, he believes he can achieve what no other Indian wrestler has done, despite the challenges of the competitive 57kg category and past weight issues. He plans to continue training with foreign coaches to fine-tune his techniques.
'Indian IT firms must hire and train more Americans while reducing dependence on sending employees from India to the US.'
Indian stock markets closed lower, with the Sensex falling 429 points, after the Reserve Bank of India raised its benchmark interest rate for the first time in nearly four years, coupled with rising crude oil prices and persistent foreign fund outflows.
Microsoft has clarified that 80 per cent of its H1-B visa applications in the last fiscal year were for existing employees, not new hires, following its suspension from a US green card programme.
A working paper by the Economic Advisory Council to the Prime Minister (EAC-PM) reveals a continuous decline in the rate at which foreign-owned firms invest in fixed assets in India since the FY20 peak, contrasting with a steady increase from Indian business groups.
Marco Rubio will visit Mumbai and Jamnagar to discuss energy cooperation as S Jaishankar says India-US trade talks are nearing a landing point, with a few issues unresolved.
Maratha quota activist Manoj Jarange has released an audio clip purportedly claiming a Rs 500 crore payment was delivered to him through Shiv Sena MP Shrikant Shinde, alleging a conspiracy to silence him. This comes a day after Deputy CM Eknath Shinde challenged him to prove similar allegations. Ruling party leaders have hit back, questioning the clip's veracity and demanding a forensic probe, while Jarange insists on a thorough investigation by top state and central leaders.
A Delhi court has permitted the prosecution to record the testimonies of four foreign-based nodal officers from WhatsApp, Google, and Bumble via video conferencing in the Shraddha Walkar murder case. This decision aims to prevent undue delays and exorbitant expenses associated with securing their physical presence, facilitating an expeditious trial. The testimonies are scheduled to begin in December 2026, with specific protocols for identity verification and secure proceedings.
A Thailand national woman was arrested in Gurugram with approximately 14 grams of MDMA during a raid by the Haryana State Narcotics Control Bureau. Investigators are probing her alleged visa overstay and potential links to a wider drug distribution network, with a case registered under the NDPS Act.
Reliance Industries Ltd (RIL) has publicly welcomed competition from Elon Musk's Starlink in the satellite communications sector, asserting that all players, including Jio, must abide by Indian laws and policies.
Foreign Portfolio Investors (FPIs) became net sellers in September, withdrawing Rs 35,860 crore from Indian equities due to global uncertainties, high US interest rates, and elevated crude oil prices, with outflows continuing into October.
Indian benchmark indices Sensex and Nifty saw a rebound in early trade, primarily driven by a more than 4 per cent surge in Tata Consultancy Services (TCS) shares following its robust Q2 net profit announcement. Track Sensex, nifty on October 9.
India's foreign exchange reserves experienced a substantial drop of USD 18.343 billion, settling at USD 747.557 billion for the week ending September 25, according to the Reserve Bank of India.
HCLTech, India's third-largest IT services company, reported robust Q2 revenue growth of 2.3 per cent in constant currency, driven by services and ER&D segments, with strong new deal wins of $3.3 billion and significant traction in its AI business. Despite exceeding margin estimates and raising revenue guidance, some brokerages remain cautious due to the stock's premium valuation compared to peers.
US Secretary of State Marco Rubio is on a three-day visit to India to discuss bilateral ties in energy, trade, investment, defence, and critical technologies, as well as the West Asia crisis. His visit aims to strengthen the India-US Comprehensive Global Strategic Partnership amidst existing friction, with a focus on finalising a proposed bilateral trade deal.
MI5 Director General Ken McCallum has issued a stark warning about artificial intelligence "supercharging" cybersecurity challenges and national security risks. He revealed that terrorists are already exploiting AI for attack capabilities and announced the launch of the AI Threat Assessment Centre (AITAC). McCallum also highlighted a fourfold increase in threats from hostile states like Russia, Iran, and China, urging public resilience.
President Droupadi Murmu, Prime Minister Narendra Modi, and Vice President C P Radhakrishnan attended Dussehra celebrations in New Delhi on Tuesday. Effigies of Ravan, Kumbhkaran, and Meghnath were burnt at various Ramleela grounds, with dignitaries delivering messages on truth, righteousness, and fighting social evils. One committee also burnt a cockroach effigy to symbolise filth, leading to a complaint from AAP Delhi chief Saurabh Bharadwaj.
Analysts predict that the Reserve Bank of India's interest rate decision, crude oil prices, and global bond yields will be the primary factors influencing the Indian stock market this week, alongside macroeconomic data and foreign investor activity.
Rajasthan Police arrested Wasim Hussain in Gurugram for his alleged role in a cyber fraud case. A Jaipur resident was swindled out of Rs 22 lakh after fraudsters, posing as an American citizen, promised a job abroad for his son and demanded various clearance fees. Hussain allegedly provided mule bank accounts used to receive part of the defrauded amount.
After a significant 9.9% depreciation in FY26, the Indian rupee has shown comparative stability in the first half of FY27, depreciating by only 1.1%, attributed to regulatory interventions and measures to attract foreign capital, despite ongoing global pressures from rising crude oil prices and foreign investor outflows.
Bangladesh's Home Minister Salahuddin Ahmed will skip the first-ever BIMSTEC home ministers' meeting in New Delhi, with a senior bureaucrat leading the delegation. This absence underscores strained India-Bangladesh ties, particularly following the ouster of the Sheikh Hasina government in August 2024 and Dhaka's request for her extradition from India.
Indian companies, including NBFCs, filed proposals with the RBI to raise $6.08 billion through external commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs) in June, marking a significant increase from the previous month.
Indian benchmark indices, Sensex and Nifty, extended their rally in early trade, driven by strong buying in bank stocks, Reliance Industries, and positive global cues, despite foreign institutional investors offloading equities.
Goa Forward Party chief Vijai Sardesai has alleged that Nepalese nationals were added to the state's electoral rolls during the Special Intensive Revision (SIR) and that voters were illegally shifted between constituencies. He has demanded an impartial investigation into these alleged irregularities, calling for deletion of illegal entries and action against those responsible.
US Secretary of State Marco Rubio, during his visit to Mumbai, affirmed that the US policy on weapons aid and intelligence sharing for Ukraine remains unchanged. He stated that President Donald Trump is "frustrated and angry" over false accusations of deliberately harming Ukraine and is keen on a negotiated end to the conflict. Rubio also addressed concerns about missile interceptor supplies and intelligence sharing regarding recent air strikes, attributing any issues to technical matters rather than deliberate denial. He highlighted global concerns over fuel shortages and the risk of escalation, stressing the urgent need to end the war.
The Centre has informed the Supreme Court that foreign nationals with unverified nationality cannot be deported unless their home country confirms their identity and agrees to accept them. This submission was made in response to a plea challenging indefinite detention of declared foreigners in Assam.
Punjabi social media influencer Mad Sandhu was fatally shot by two unidentified assailants in Amritsar.
American singer Mary Millben has become a prominent figure in Indian political discourse due to her outspoken support for Prime Minister Narendra Modi, using social media to defend him against critics and appeal to young Indians, despite her musical career being less known in the country.
South Korea's national football association has issued a deep apology following a media report alleging it provided 'sexual services' to foreign referees during international matches over a decade ago, specifically in 2011 and 2012.
Indian equities, particularly the Nifty 50, have significantly underperformed their Asian and global counterparts over the past year, with the index down 10.6 per cent. This lag is attributed to factors like rising global oil prices, rupee depreciation, and a lack of participation in the global chipmaker rally that boosted markets like South Korea and Taiwan.
Geopolitical disruptions have made shipping times unpredictable and raised costs for Volvo Car India, which may have to increase vehicle prices if the situation persists, its Managing Director Jyoti Malhotra said on Monday.
The Enforcement Directorate has made its sixth arrest, Mukesh Kumar Pukhraj Jain, in a pan-India cyber fraud and digital arrest case involving transactions worth Rs 30,000 crore. Jain is accused of acting as an RTGS agent for the criminal network. The probe, initiated by a Goa Police FIR, uncovered a vast money laundering operation across 20 states, with funds converted into foreign currency and linked to numerous shell companies.
The Kapil Dev Invitational Tour Championship, featuring top Indian and international golfers, is set to begin in Greater Noida. This Rs 2 crore event is crucial as it's the last opportunity for players to secure a spot in the season-ending Race to DP World India Championship.
Indian benchmark indices, Sensex and Nifty, surged over 1 per cent, recovering from two days of losses, driven by a strong rally in IT stocks, particularly TCS, and a moderation in global crude oil prices.
Punjab Police dismantled two illegal arms and narcotics supply networks in Amritsar, arresting four individuals and recovering an M16 rifle, nine pistols, and 15 kg of opium. The accused are allegedly linked to foreign-based smugglers, with further investigation underway to uncover complete linkages.
Punjab FC has announced a 27-member squad for the upcoming Indian Super League (ISL) 2026-27 season, featuring a mix of retained players, national team members, foreign talents, and 10 academy graduates. Head Coach Pavlos Dermitzakis expressed confidence in the balanced squad, which is set to kick off its campaign on October 14 against Odisha FC.
Tata Consultancy Services (TCS) has stated that the recent suspension of eight IT firms, including itself, from a US green card programme will not impact its workforce strategy or customer engagements, citing its low number of applications and focus on local hiring.
Indian benchmark indices Sensex and Nifty closed higher for the second consecutive day, primarily driven by robust buying in IT stocks following strong quarterly results and positive global trends. Tech Mahindra notably surged over 8% after reporting a significant jump in net profit.
