Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that surplus liquidity in the banking system is expected to drain within the current financial year, utilising tools like currency leakage, sell-buy swaps, open market operations (OMOs), and variable rate operations.
Rebel Trinamool Congress MP Kakoli Ghosh Dastidar's son Baidyanath Ghosh Dastidar has sent a legal notice to former West Bengal chief minister Mamata Banerjee and several TMC leaders, including Mahua Moitra, Kalyan Banerjee, Sougata Roy and Sonali Guha, denying allegations that he had sought a party ticket from the Barasat Assembly Constituency.
The INDIA bloc, comprising 17 opposition parties and civil society members, met at Rahul Gandhi's residence to strategize against alleged "vote chori" and the denotification of Jantar Mantar as a protest site. Leaders, including Rahul Gandhi, Mallikarjun Kharge, and Tejashwi Yadav, vowed to continue their united political and people's resistance, demanding the resignation of Chief Election Commissioner Gyanesh Kumar and asserting that those responsible for undermining democracy would be held accountable.
Researchers have outlined five crucial actions to help the world prepare for a potentially strongest-on-record El Nino, aiming to reduce its severe health consequences like infectious diseases, malnutrition, and heat-related conditions. These recommendations, published in The Lancet, emphasise a comprehensive risk overview and early preparatory measures.
Opposition MPs from the INDIA bloc, including prominent leaders like Rahul Gandhi and Priyanka Gandhi Vadra, marched to the Supreme Court to file a petition against Chief Election Commissioner Gyanesh Kumar, alleging 'vote chori' and irregularities in electoral rolls.
Smriti Mandhana, the newly-appointed India women's cricket team captain, praised Harmanpreet Kaur's "fantastic" decade-long leadership after Kaur stepped down from the role. Mandhana expressed her desire to continue their journey together, while Harmanpreet will remain a part of the team for the upcoming Zimbabwe series.
The Calcutta High Court has granted interim bail to Congress candidate Milan Pradhan, allowing him to campaign for the upcoming Nandigram bypoll. Pradhan, arrested on September 18 in connection with six criminal cases from 2007, received relief until October 20, with directions to surrender on October 21 and deposit bail bonds. The cases relate to charges including murder and Arms Act violations during the Nandigram anti-land acquisition movement.
Nana Patekar's anger and intensity were as real in life as they were in his performances. He was as brutally honest as the characters he portrayed.
West Bengal Minister Dilip Ghosh asserted that eating non-vegetarian food during Durga Puja is not controversial, countering Bageshwar Dham head priest Dhirendra Shastri's call for vegetarianism. Ghosh highlighted Bengal's traditions, including goat sacrifice as prasad, and criticised attempts to dictate food choices or government involvement in community pujas. He also touched upon a controversy regarding an 11-handed Durga idol.
Lok Sabha MP Kakoli Ghosh Dastidar has resigned from all organisational posts of the Trinamool Congress after expressing disappointment with the party leadership.
Indian states' capital expenditure (capex) utilisation for April-August FY27 fell to 21.21 per cent, slightly below the 21.73 per cent recorded in the same period of FY26, according to a CAG analysis. Despite the dip, this figure remains the third highest in the past six years, with significant variations observed across states.
PFRDA Chairperson S Ramann announced an ambitious target to add 2-3 crore new subscribers to the National Pension System (NPS) within the next two years. This growth will be significantly driven by the new 'NPS Tatkal' scheme, which enables direct enrolment and contributions via UPI applications, making the pension system more accessible, especially in tier 2 and tier 3 cities and for the informal sector.
Thank you, Dear Readers, for sharing your pictures of Lord Ganesha.
The Delhi police detained more than 500 protesters, including Aam Aadmi Party leaders Saurabh Bharadwaj, Sanjeev Jha, Atishi and Sanjay Singh, as well as activists of some student outfits, during a protest against the CEC at Jantar Mantar on Friday.
Mohun Bagan secured their 31st Calcutta Football League Premier Division title, their first since 2018, with a dramatic 3-2 comeback win over Mohammedan Sporting despite being down to 10 men. Sahal Abdul Samad scored a brace, and Sayan Banerjee netted the winner, ending an eight-year title drought for the Mariners.
A committee formed by West Bengal's BJP government is considering proposals to rename several prominent roads, bridges, and public places in Kolkata, including those named after communist leaders Vladimir Lenin, Karl Marx, and Ho Chi Minh. This move has sparked sharp criticism from the Trinamool Congress and CPI(M), who view it as "vendetta politics" and an attempt to disrespect differing ideologies.
The removal of Goods and Services Tax (GST) on individual health and life insurance has led to a significant increase in new policy purchases and higher coverage levels, despite an initial surge moderating, according to industry experts.
The Calcutta High Court has ordered the transfer of a case concerning the alleged hurried cremation and destruction of evidence in the R G Kar hospital rape and murder case to the CBI's Special Investigation Team. This decision comes as the CBI is already probing a larger conspiracy in the doctor's death, and the court found it inappropriate for both state and central agencies to investigate the same issue.
Non-resident Indian (NRI) deposit schemes witnessed a staggering 678.2 per cent increase, reaching $36.24 billion in the April-July period of FY27, primarily driven by strong FCNR(B) deposit flows and a concessional swap facility introduced by the RBI.
The Indian corporate sector demonstrated strong credit quality in the first half of FY27, driven by robust balance sheets and healthy liquidity, despite facing risks from elevated crude prices, inflation, and global interest rates.
The GST Council is set to discuss the application of GST on merchant fees for UPI transactions exceeding Rs 2,000. This comes as a new Merchant Discount Rate (MDR) of 0.4% (capped at Rs 300) is effective from October 15 for such transactions, which, as a service, would typically attract an 18% GST levy. The Council's decision is anticipated to consider consumer interests, with merchants potentially able to claim Input Tax Credit.
Ahead of the Women's Premier League (WPL) 2027 player auction in Kochi on October 28, a total of 63 players, including 23 overseas stars, have been retained across the five franchises.
Tamil Nadu's ruling Tamilaga Vettri Kazhagam (TVK) won bypolls in Madurantakam and Dharapuram, strengthening its minority government. Concurrently, the Bharatiya Janata Party (BJP) secured emphatic victories in West Bengal's Nandigram and Muslim-majority Rejinagar, consolidating its post-TMC rule position. The BJP also established a significant lead in Assam's Nagaon Lok Sabha bypoll, and its ally AINRC retained Thattanchavady in Puducherry.
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.
No shade or genre was a roadblock for Nana Patekar. In fact, some of his movies only age well because we associate them with his terrific presence.
Lok Sabha MP Kakoli Ghosh Dastidar has resigned from all organisational posts of the Trinamool Congress, following public expressions of disappointment with the party leadership and attending a meeting against party instructions.
Shafali Verma produced a stunning 15-ball blitz as India crushed Japan by eight wickets with 15 overs to spare and stormed into the Asian Games semi-finals.
India's private sector capital expenditure is projected to reach approximately 3.2 trillion in the financial year 2026-27, up from 2.6 trillion in FY26, according to a Reserve Bank of India bulletin report, indicating sustained confidence despite global uncertainties.
'Credit to the Japan team for taking on the challenge and putting up a fight.'
Suvendu Adhikari and Dilip Ghosh are the top contenders for West Bengal Chief Minister.
Fresh from their record-extending Asia Cup triumph, defending champions India will begin their Asian Games title defence as overwhelming favourites against hosts Japan in the women's quarter-finals in Nagoya on Friday.
Shafali Verma and Smriti Mandhana's explosive partnership propelled India to 183/5 in the Women's T20I Asia Cup final against Sri Lanka. Despite a late slowdown, their record-breaking fifties laid a strong foundation for India's innings.
India's women's cricket team secured a spot in the Women's T20 Asia Cup final after a comprehensive 40-run victory over Bangladesh in the first semi-final, with captain Harmanpreet Kaur praising the team's all-round performance.
Economists widely anticipate the Reserve Bank of India's Monetary Policy Committee will increase the repo rate by 50 basis points, likely split between the October and December meetings, as retail inflation is projected to peak at 6.1 per cent in the third quarter, exceeding the RBI's tolerance limit.
India's women's cricket team is set to face Sri Lanka in the Asian Games final, aiming to secure a gold medal and extend their continental dominance. While India enters as favourites with strong performances, Sri Lanka, led by Chamari Athapaththu, will look to challenge their supremacy in what promises to be an exciting clash.
Ajit Agarkar has informed the BCCI he will not continue as chief selector, prompting the board to begin searching for his successor as his contract ends October 4.
Defending champions India's women's cricket team is set to face Bangladesh in the Asian Games semifinal. With a dominant head-to-head record, India aims to continue their winning streak, while Bangladesh will rely on their spinners to challenge the strong Indian batting lineup for a spot in the final.
The Indian government is pressing all states and Union Territories (UTs) to publish their rules under the four new labour Codes by October 31, aiming to fully operationalise the new labour law framework. This move is crucial as labour falls under the concurrent list, requiring state-level rule-making for effective implementation.
West Bengal BJP president Samik Bhattacharya's comments recalling the role of non-Bengali communities during the 1946 communal riots and alleging past restrictions on Durga Puja have drawn sharp criticism from opposition parties, including the TMC, Congress, and CPI(M). Bhattacharya appealed for unity for peaceful Durga Puja celebrations, while opposition leaders accused him of divisive politics and distorting history.
India opener Shafali Verma has expressed confidence in the team's middle-order ahead of their Women's Asia Cup semi-final clash against Bangladesh, dismissing concerns over recent low scores.
