India's cement industry is on the brink of an oversupply situation as aggressive capacity expansion by major players is set to outpace demand growth over the next two financial years, potentially leading to pricing pressures and moderated utilisation rates.
In August, Hyundai recorded its highest ever domestic sales for the month with 54,396 units sold, marking a 23.6 per cent Y-o-Y increase. The Creta Electric currently anchors Hyundai's mass-market electric portfolio, while the Ioniq 5 caters to the premium end
The BRICS grouping adopted a consensus joint declaration in New Delhi, successfully navigating differences on the West Asia conflict but notably omitting any direct mention of US strikes on Iran or Iranian military attacks on Gulf Arab nations. The declaration also criticised Israel's actions in Gaza and called for a concerted approach against terrorism.
The Gujarat Institute of Prisons and Correctional Administration (GIPCA) is developing modern sports facilities, including high-quality grounds, in anticipation of international events like the Olympics and Commonwealth Games. These upgrades, part of a Phase-I renovation by the Police Housing Corporation, will also provide advanced training facilities like smart classrooms and computer labs for departmental trainees. The prison department recently showcased its sporting prowess by winning the 'Champion Trophy' at the DGP Cup 2026-27 Gujarat Police Wrestling Cluster Competition, securing 14 medals.
A delegation from the Brazilian Football Confederation (CBF) visited Kolkata to inspect venues and infrastructure for the upcoming international friendly against India on October 3. The inspection covered the stadium, training facilities, accommodation, and security, with West Bengal's Sports Minister assuring world-class arrangements.
'The large number of tariff lines in the 90-99 per cent band highlights how deeply embedded Chinese sourcing has become in India's electronics imports.'
A new study by the Council of Scientific and Industrial Research (CSIR) has developed an integrated land-use regression (iLUR) model to map environmental noise across Delhi. This innovative approach combines geographical and real-time traffic data, including vehicle counts, speeds, and honking, to provide a more accurate and cost-effective understanding of noise distribution in the city's complex urban landscape. The model aims to help authorities plan targeted measures for noise control.
The Indian government has introduced a 0.4% transaction fee on Unified Payments Interface (UPI) payments exceeding Rs 2,000 for merchants, effective October 15, marking the end of nearly six years of free service. Person-to-person transfers and small-value transactions below Rs 2,000 remain free. The new Merchant Discount Rate (MDR) is capped at Rs 300 for transactions above Rs 75,000, with differentiated rates for essential sectors and investments, and safeguards to prevent costs from being passed to consumers.
India's MSME sector faces a significant formal credit gap of approximately Rs 60 lakh crore, with traditional channels meeting only a fraction of the demand. A new report suggests that a centralised, interoperable digital layer could effectively bridge this gap and enhance productivity across the formal business sector by digitising workflows and enabling cash-flow-based underwriting.
Adani Airport Holdings (AAHL) has announced it will raise 9,825 crore through a primary equity infusion from a consortium of global investors, including Alpha Wave Global, Premji Invest, Temasek, and funds managed by BlackRock, who will collectively acquire a 5.54 per cent stake.
Researchers at IIT Madras have patented a chemical-free antibacterial surface that physically eliminates harmful bacteria, including "superbugs," without relying on antibiotics or disinfectants. This innovative technology uses specially engineered nanostructures to rupture bacterial cell walls, offering a sustainable solution to Antimicrobial Resistance (AMR) for biomedical and public health applications.
Gaganyaan astronaut Prasanth Balakrishnan Nair stressed the critical importance of AI sovereignty for national cybersecurity, citing the increasing difficulty in distinguishing between real and fake content due to AI. Speaking at the Kerala Cyber Suraksha Summit, Nair highlighted that future conflicts and industries would involve a 'whole-of-nation approach,' blurring physical and digital boundaries. He urged greater awareness of digital threats and emphasised India's need to build on its technological capabilities in AI and cybersecurity, drawing parallels with the success of Chandrayaan-3. Other speakers also underscored the rising threat of cyberattacks and the potential for Kerala to contribute to national technology requirements.
Tata Consultancy Services (TCS) is focusing on building AI infrastructure, including India's first AI-focused data centre, as AI becomes a core operating foundation for enterprises globally.
The Securities and Exchange Board of India (Sebi) is reportedly 'close' to approving the National Stock Exchange's (NSE) initial public offering (IPO) draft documents, with an expected market debut by early next month. Sebi Chairman Tuhin Kanta Pandey also emphasised the regulator's focus on enhancing market resilience against evolving risks, including technology failures and the impact of artificial intelligence.
Flash floods in Tibet's Gyirong County, near the China-Nepal border, have resulted in five deaths and 558 missing individuals, including 260 foreign nationals. The disaster also caused significant casualties in Nepal and disrupted infrastructure. Rescue operations are underway, and concerns are rising over a newly formed barrier lake that poses a risk of further flooding.
Uttar Pradesh Governor Anandiben Patel addressed AI Manthan 2.0, advocating for the comprehensive integration of Artificial Intelligence across all university subjects rather than as a standalone course. She urged universities to develop clear, time-bound AI roadmaps covering education, research, healthcare, and agriculture, emphasising indigenous AI development, employment creation, and the importance of "Safe and Trusted AI." The event also saw the formation of an AI Policy Advisory Group and an AI Implementation Group to drive these initiatives.
Bank credit to industry in India surged by 20 per cent year-on-year in July, significantly accelerating from the previous year, driven by strong expansion in sectors like engineering, gems and jewellery, and petroleum-related industries, according to the Reserve Bank of India (RBI). However, growth in gold loans, while still expanding, saw a sharp moderation.
The death toll from the devastating flash floods in Nepal has climbed to 1,355, according to the latest figures released by Nepal's National Disaster Risk Reduction and Management Authority.
Devastating flash floods near the Tibet-Nepal border have led to the evacuation of over 1,000 people, including tourists, from Gyirong County. The floods caused casualties in both Tibet and Nepal, disrupted infrastructure, and prompted a Level-IV alert due to a rapidly forming barrier lake with a high risk of breaching and causing further downstream flooding.
Nepal's Hindu groups have sought an all-party discussion on restoring Hindu-nation status within three months.
Indian stock markets, including the Sensex and Nifty, experienced a significant tumble in early trade, driven by escalating tensions in West Asia that pushed crude oil prices close to the USD 100-per-barrel mark, alongside selling in IT stocks and fresh foreign fund outflows.
Bengaluru is piloting the Jet Patcher technology to efficiently repair smaller potholes without disrupting traffic. This new method, suitable for potholes up to 50mm deep, uses cold-mix technology and allows for quick repairs, offering an alternative to traditional hot-mix methods which are less effective during monsoons and cause traffic congestion. The city aims to expand its use if the pilot project proves successful.
The question for the next 20 years is not whether India can become a $5 trillion or $10 trillion economy. Those are attractive targets, but the real question is whether India can create enough productive jobs, educate its children properly, make its cities liveable, and give hundreds of millions of people a substantially better life, asserts Ramesh Menon.
Sebi chairman Tuhin Kanta Pandey acknowledged that all global jurisdictions experienced lower liquidity during the initial implementation phases of the closing auction session (CAS), a stock price determination framework introduced in India on August 3.
Tamil Nadu Chief Minister C Joseph Vijay and actor-racer Ajith Kumar, known as 'Thalapathy' and 'Thala' respectively, shared a warm, lingering hug at the iconic Silverstone circuit in the UK.
Infrastructure major Larsen & Toubro (L&T) has secured a mega order, valued between Rs 10,000 and Rs 15,000 crore, to construct India's largest single-cluster artificial intelligence (AI) infrastructure facility. This strategic move marks L&T's entry into the AI Factory business, aiming to establish an NVIDIA B300-based AI Factory in Chennai to power the AI-native cloud platform of US-based Together AI, thereby strengthening India's AI ecosystem and supporting global innovation.
Google aims to complete the first phase of its 1 gigawatt artificial intelligence (AI) data centre hub in Visakhapatnam by late 2028, with full operations across all phases expected within five years, according to Alexander Smith, Principal of Global Infrastructure and Energy for Asia Pacific at Google.
The Congress party has criticised the Modi government over a notification regarding UPI transactions, alleging it paves the way for imposing fees, especially on transactions above Rs 2,000. Rahul Gandhi claimed the government is surrendering to American pressure, while Mallikarjun Kharge highlighted the potential burden on common citizens amidst inflation. The government's notification prohibits charges on UPI transactions up to Rs 2,000 but remains silent on higher amounts, sparking fears of a "Digital Payments Tax."
The highlight of the successful BRICS Summit was its ability to deliver a joint statement that all members, including Iran and the United Arab Emirates, embroiled in the war in West Asia, signed.
There is no answer to the question of how IN-SPACe invited EOIs for ISRO's mature rockets and whether it was based on any government policy decision.
The task force's move to directly solicit views from students, parents and teachers marks a parallel effort to bring education stakeholders into the reform process.
Nepal has launched a diplomatic initiative to secure climate-related compensation from major greenhouse gas emitters, asserting that post-disaster assistance for recent deadly flash floods should be viewed as a moral and legal liability, not charity. Foreign Minister Shisir Khanal highlighted Nepal's disproportionate suffering from global warming despite negligible emissions, citing rapid glacier melt and extreme mountain disasters. The country has formally approached the Loss and Damage Fund board for urgent financial aid following a catastrophic flash flood in the Bhotekoshi river basin.
A new report reveals that enterprise AI investment in India has surged by 119 per cent, exceeding the global average. However, only 22 per cent of Indian organisations have established adequate governance frameworks, creating a significant gap between rapid deployment and safe, scalable AI adoption. This lack of governance impacts operational depth and raises concerns about transparency, regulation, and data privacy.
China on Monday dismissed claims linking its massive hydropower projects in Tibet to the August 26 flash flood disaster in Nepal, calling them "malicious speculation".
Maruti Suzuki India has significantly increased its capital expenditure (capex) outlay to Rs 77,500 crore for the five-year period ending FY31, aiming to boost capacity, develop new models, and enhance R&D, as announced by MD and CEO Hisashi Takeuchi.
In recent years, China and Russia have pushed for de-dollarisation within BRICS, which India has resisted. One reason is that India does not want to hurt its relationship with the United States, and another is the fear of China controlling trade because the renminbi is considered the strongest currency in the bloc today.
Indonesia's main airport in Jakarta, Soekarno-Hatta international airport, has resumed operations after a two-day closure caused by volcanic ash from Mount Anak Krakatau, with winds pushing the ash away from the airport's airspace.
'In the wake of this tragedy, India will provide power to Nepal if and when the requirement for the same is communicated to India as per their needs.'
Massive flash floods in Nepal, triggered by an ice-rock avalanche, have devastated the border town of Timure and other central districts, leaving a rising death toll and hundreds missing. The disaster, described by witnesses as feeling like an earthquake, has claimed entire families and caused widespread destruction to infrastructure. Rescue efforts are underway, with a significant number of missing individuals identified as tourists, including nearly 300 Indian nationals.
JAKSON Group has appointed Ivan Saha as the Managing Director of its integrated Solar Manufacturing business. Saha, with over 31 years of experience in the semiconductor, solar, and sustainable energy sectors, will oversee technology, operations, and business growth, supporting JAKSON's expansion and backward integration plans in the solar value chain.
