India's current account deficit could widen to 1.7 per cent of GDP, or about $71 billion, if crude oil prices stay above $90 a barrel for a significant part of the second half of FY27.
A report by Scholars at Risk, 'Free to Think 2026', states that academic freedom in India is "severely restricted" due to increasing government influence over higher education, university governance, and curbs on student expression. India is listed among six countries in this category, with its Academic Freedom Index score sharply declining. The report cites instances of faculty dismissals, event cancellations, and pressure on student protests, highlighting the alleged use of the UGC as a vehicle for state influence.
Indian benchmark indices, Sensex and Nifty, ended marginally lower after recovering from sharp intraday losses, driven by cooling crude oil prices and buying interest in HDFC Bank and IT sector stocks.
Aryna Sabalenka overcame Wimbledon champion Linda Noskova in a pulsating three-set thriller, saving her title defence and reaching a sixth consecutive US Open semi-final after a tense tiebreak.
Japan Cricket Association CEO Naoki Alex Miyaji has addressed concerns raised by leading cricketing nations regarding accommodation and facilities for the upcoming Asian Games. Miyaji clarified that hotel stays are offered, teams can make their own arrangements, and temporary yet comfortable facilities have been prepared for players, including washrooms and dressing rooms, despite tight timelines and resource limitations.
The case pertains to a tender awarded to Ms Euroteck Environmental Private Limited when Jain was the Delhi water minister.
The Finance Ministry has clarified that the 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, effective October 15, is not expected to increase cash transactions or cause inflation. The ministry also dismissed allegations of US pressure influencing the decision, asserting that the policy aims to promote RuPay credit cards within the UPI ecosystem, and a monitoring mechanism will ensure the MDR burden is not passed on to consumers.
A 52-year-old woman in Korba, Chhattisgarh, allegedly died by suicide after becoming upset over repeated internet connectivity issues that disrupted her mobile phone reels. The woman, identified as Manglo Bai Sarathi, consumed pesticide and succumbed during treatment. Police are investigating the incident.
Chhattisgarh is rapidly emerging as a significant sports destination in India, driven by state government initiatives to host major events and develop infrastructure. Chief Minister Vishnu Deo Sai highlighted the state's commitment to sports, exemplified by the DP World PGTI Nava Raipur Open 2026 golf championship, inaugurated with cricket legend Kapil Dev. These efforts aim to foster talent, promote sports tourism, and transform the state's image, including positive changes in regions like Bastar.
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.
The Indian government has introduced a 0.4% fee on UPI transactions above Rs 2,000 for merchants, effective October 15, sparking strong opposition from political parties and traders. Despite accusations of foreign influence and demands for a rollback, the finance ministry and top functionaries have stated there will be no reversal, citing the need for a self-sustaining digital payments ecosystem.
The OCA has asked India and other national Olympic bodies not to seek late additions to their Asian Games contingents as Japan struggles to accommodate more than 15,000 participants.
The Insurance Regulatory and Development Authority of India's (Irdai) recent actions against insurers for breaching expense of management (EoM) limits indicate a serious commitment to enforcing operating and distribution cost controls, according to industry experts.
Ben Shelton has reached his first Grand Slam final at the U.S. Open, defeating compatriot Frances Tiafoe. He credits his newfound consistency for this breakthrough. Shelton will face Alexander Zverev in the final, aiming to end a 23-year American drought for a men's singles Grand Slam champion and become the first Black American man to win the New York title since Arthur Ashe in 1968. He expresses excitement and a business-like approach despite the nerves.
The Pakistan Super League (PSL) is considering moving its next edition to January to avoid clashing with the Indian Premier League (IPL). Media rights holders have expressed concerns over limited advertising revenues during the current April-May window, prompting discussions within the PSL Governing Council for an earlier schedule.
A teacher at a government residential school in Chhattisgarh's Bijapur district has been accused of sexually harassing a 14-year-old girl and other students. Police have registered a case under the Bharatiya Nyaya Sanhita and POCSO Act, with efforts underway to apprehend the accused. Chief Minister Vishnu Deo Sai has ordered a thorough probe, strict action, and directed district authorities to enhance vigilance and conduct regular inspections of girls' hostels and residential schools to ensure child safety.
India T20I skipper Shreyas Iyer has highlighted the importance of regular game time and confidence for Jasprit Bumrah, who is returning from injury ahead of the Afghanistan T20I series, the Asian Games, and the ODI World Cup.
Indian tennis player Dhakshineswar Suresh discusses the significant transition from collegiate tennis to the professional tour, highlighting the challenges of travelling alone, managing his body, and maintaining consistency. He shares insights on the importance of off-court preparation, physical fitness, and setting ambitious goals like breaking into the top 250.
The United States has sanctioned four India-based companies, including a customs broker and three other firms, for their involvement in importing petroleum and petrochemical products from Iran. This action is part of "Operation Economic Outcast," a broader US campaign to sever Iran's financial lifelines and prevent funding for its destabilising activities.
Finance Minister Nirmala Sitharaman announced that the Goods and Services Tax (GST) Council's October 7 meeting will focus on 'GST 2.0' process reforms, including e-invoicing and input tax credit rules, while also addressing complex issues surrounding the taxation of the digital economy and cryptocurrency.
Mahendra Singh Dhoni has reportedly informed Subramaniam Badrinath that he will not play as an Impact Player in the IPL, preferring to continue as a full-time wicketkeeper if he plays.
Researchers at NIT Rourkela have patented a novel hybrid energy-storage system designed to significantly improve the efficiency and lifespan of electric vehicle batteries. This innovation addresses common issues like low power density and thermal stress by integrating supercapacitors with a simplified architecture, making EVs more reliable, especially in urban driving conditions.
The Mumbai-Delhi air route, the country's largest and most lucrative, is witnessing an intense battle for supremacy between IndiGo and the Air India group, with Akasa Air emerging as a significant third player, according to recent data.
Iranian President Masoud Pezeshkian urged BRICS nations to expand trade in national currencies and build an inclusive global economic framework. He criticised "unilateral sanctions" by Western powers, stating they make emerging economies vulnerable and impact global food security. Pezeshkian emphasised BRICS' role in creating a balanced world order and highlighted Iran's geopolitical and energy capacities for cooperation.
The Lucknow bench of the Allahabad High Court has dismissed a writ petition challenging Congress leader Rahul Gandhi's Indian citizenship. The petitioners failed to provide concrete evidence to support their claim that Gandhi is a British citizen, leading to the withdrawal of the plea.
Some colour combinations just make sense. Black and white, blue and denim, pink and red -- we've seen them all before.
Luxury hotels in Delhi are experiencing a significant room crunch and a sharp increase in tariffs ahead of the BRICS Summit. Many marquee properties show no availability or are quoting rates exceeding six figures per night around the September 12-13 event, highlighting a gap in India's hospitality infrastructure.
The All India Football Federation (AIFF) has announced that the 2026-27 Indian Football League (IFL) season will begin on October 30. Following a successful 2025-26 season with significantly increased viewership, the upcoming season will feature new regulations, including a limit of three foreign players on the pitch, and an expanded footprint with new venues in Nagaland and Odisha. Discussions also covered the IFL Charter, budget, and broadcast partnerships.
The Bombay High Court has strongly criticised the Brihanmumbai Municipal Corporation (BMC) for the pervasive garbage on Mumbai's roads, warning of action against ward officers if the situation does not improve. Hearing petitions on pollution near the Kanjurmarg dumping ground, the court observed that the "entire municipal machinery is inactive" and suggested imposing heavy fines on litterers. The court has demanded BMC's Standard Operating Procedure and a list of officers responsible for cleanliness, threatening to remove those who fail to act.
A new study reveals that approximately 70 per cent of the year-to-year variation in winter air pollution across northern India can be explained by the frequency of western disturbances. These storm systems, originating from the Mediterranean, help clear pollution through precipitation and ventilation. The findings suggest that predicting the frequency of these disturbances could provide advance warning of severe pollution, allowing for better preparedness and implementation of control measures.
IIT Guwahati researchers have developed SH²RFSSM, a model inspired by how biological neurons communicate.
Linda Noskova, the Wimbledon champion, plans to 'get drunk' and enjoy New York after her agonising US Open quarter-final defeat to world number one Aryna Sabalenka, a match where she came 'agonisingly close' to a stunning upset.
It is important to understand that the rupee's appreciation, driven by the 2013 special swap scheme, reduced India's import costs for petroleum, oil, and gold, points out Dr Ashwani Mahajan, National Co-Convenor, Swadeshi Jagaran Manch.
'Earlier, Ganeshotsav was social. Now it is all about social media.'
Pakistan's interim red-ball head coach Mike Hesson has distanced himself from the decision to drop senior players Mohammad Rizwan, Salman Agha, and Imam-ul-Haq from the Test squad, stating they were already released when he took charge.
The Delhi High Court has ruled that Booth Level Agents (BLAs) of political parties are not liable for false details in electoral enumeration forms that cannot be personally verified. The court clarified that BLAs are only responsible for verifiable information, such as an elector's photograph, and struck down the Election Commission of India's mandate requiring BLAs to provide personal undertakings for all details.
The National Payments Corporation of India (NPCI) stated that the Merchant Discount Rate (MDR) "is distributed only amongst the UPI ecosystem, to further invest into infrastructure resilience, innovation, cybersecurity (protecting the UPI infrastructure with banks and non-banks) and customer service."
The government is introducing a 0.4% Merchant Discount Rate (MDR) on UPI person-to-merchant payments above Rs 2,000, effective October 15. This move ends the zero-MDR regime, aiming to fund UPI infrastructure and sustainability, as the previous government subsidy was insufficient to cover operational costs. Payments between individuals and most everyday merchant transactions will remain free.
State-run Punjab National Bank (PNB) is strategically planning to enter the wealth management segment by early 2027 and significantly expand its credit card portfolio, aiming to tap into lucrative markets largely dominated by private-sector banks.
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.
