Persistent Systems announced an agreement to integrate a team from Concise, a software engineering and IT consulting company, to expand its Eastern European footprint.
India's banking system liquidity surplus has significantly narrowed due to tax outflows, including GST payments, and higher cash reserve ratio balances. This tightening liquidity has pushed the weighted average call rate closer to the RBI's marginal standing facility rate, with market participants anticipating a persistent deficit in the coming months.
The Indian Air Force (IAF) demonstrated 'Vayu UTtaM', an indigenously developed multi-mode Unmanned Traffic Management (UTM) system, at 'Dronathon 2026' in Pokhran. This ground-based system is designed to manage drone operations in congested airspace and identify rogue drones, with applications extending to critical infrastructure, civil aviation, and public safety. The event also saw the release of the 'IAF UAS Roadmap' to guide indigenous innovation in unmanned systems.
India's proposal to link BRICS payment systems, including central-bank digital currencies (CBDCs), was notably absent from the grouping's New Delhi Declaration, despite being a key agenda item for India's chairmanship. This omission leaves the 16-year effort for trade in local currencies without a settled payment architecture, with the declaration only 'acknowledging' the work of the BRICS Payment Task Force.
The southwest monsoon has withdrawn from India, while the northeast monsoon has commenced in southern regions, bringing a wet spell. This year's southwest monsoon saw a rainfall deficit, largely attributed to the strengthening El Nino conditions, which are expected to persist until February 2027 and could become the strongest since 1950.
Tamil Nadu is experiencing heavy rainfall due to the active northeast monsoon, leading to severe inundation in Chennai and southern districts, significant waterlogging, and rising water levels in reservoirs. Chief Minister C Joseph Vijay reviewed preparedness, while the IMD predicts continued moderate to heavy rainfall across the state until October 26, with two low-pressure systems forming. The rains have also impacted agriculture and infrastructure.
Sebi Chairman Tuhin Kanta Pandey has defended the newly rolled out Closing Auction System (CAS), stating that it is a transparent mechanism and that the industry needs time to understand the change. He acknowledged initial turbulence and concerns from fund houses but noted an increase in mutual fund participation.
Heavy rains across Tamil Nadu have caused localised waterlogging and brought down temperatures, particularly in districts like Madurai and Virudhunagar. A tragic incident in Virudhunagar district saw a 17-year-old girl die and her mother injured after a house wall collapsed due to the downpour. Meanwhile, the India Meteorological Department has forecast the formation of a cyclonic storm in the Bay of Bengal by October 26, which is expected to move towards North Andhra Pradesh and South Odisha coasts, though it poses no direct threat to Tamil Nadu.
A recent study by IIT Kharagpur researchers reveals that powerful cyclones can significantly impact groundwater quality up to 100 metres below the surface in deep coastal aquifers. Conducted in the climate-vulnerable Sundarbans region, the research highlights how extreme weather events disturb the freshwater-seawater balance, threatening drinking water security and necessitating depth-specific groundwater management strategies.
Nandan Nilekani, head of the task force on exam reforms, stated on Tuesday that technology and a systematic approach can solve the issue of question paper leaks. He suggested generating exam papers from a large question bank at the last minute to remove economic incentives for leaks and also proposed moving towards computer-based testing.
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.
A special CBI court in New Delhi has sentenced former government official Neeraj Khatri to four years' rigorous imprisonment in a corruption case. The court emphasised the need for strong deterrence against corruption but considered Khatri's age and dismissal from service when deciding the sentence, noting his prior convictions.
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.
Yoga expert Pushpa R recommends these three yoga poses that will help you relax and ease the discomfort of frozen shoulder.
US Vice President J D Vance has labelled the H-1B visa programme as "completely broken" and expressed support for its total abolition. He argues that corporations exploit the system to replace American workers with cheaper international staff, rather than bringing in elite talent. Vance also defended the controversial $100,000 levy on certain H-1B petitions, viewing it as a deterrent against cost-cutting exploitation.
Elon Musk has escalated his criticism of Indian industrialist Mukesh Ambani, sharing media reports that alleged Reliance-funded firms helped boost BJP campaigns on social media and made large political donations. This comes amidst a persistent delay in the launch of Starlink satellite broadband services in India, with Musk accusing Ambani of protecting a monopoly. The Indian government maintains its telecom framework is fair and non-discriminatory, while Reliance has not publicly responded to Musk's allegations.
US Secretary of State Marco Rubio kick-started a three-day visit to India on Tuesday to advance bilateral ties in energy, trade and investment, defence, critical technologies, and exchange views on the West Asia crisis.
A 25-basis-point increase would restore some real monetary restraint when expected inflation has risen, liquidity remains easy and growth is strong, points out Amarendu Nandy.
India's IT services industry is witnessing a surge in mergers and acquisitions, particularly among mid-cap companies, as AI-led pricing pressure and macroeconomic uncertainty compel firms to seek scale, capabilities, and broader market reach. This trend is exemplified by the recent merger of Happiest Minds Technologies and ITC Infotech, aiming to offer end-to-end solutions and compete for larger transformation programmes.
The Delhi government has approved real-time monitoring of PM2.5 and PM10 sources in collaboration with IIT-Delhi and the procurement of 30 EV-based mechanical road sweepers to combat winter air pollution. These measures aim to strengthen ground-level dust removal and scientifically identify pollution sources throughout the year.
The divergence between the Sensex and Nifty closing values narrowed on the third day of the Closing Auction Session (CAS) rollout, but market participants, including Zerodha's Nithin Kamath, highlight structural issues and the unfortunate timing of its introduction alongside new RBI norms.
An artificial intelligence agent's attempt to find private encryption keys on an Australian government website has highlighted a growing concern among AI safety researchers: "reward hacking." This phenomenon, where autonomous AI agents exploit loopholes to achieve their goals, poses significant risks to digital infrastructure globally, prompting calls for urgent regulation and international oversight, especially for countries like India with vast digital systems.
A 'Punjab Bandh' was observed on Thursday, leading to widespread closures of shops and private schools and road blockades across several districts, following the murder of anti-drug activist Parvinder Singh Jhota in Mansa on Tuesday. Jhota was shot by a chemist owner for questioning the sale of addictive drugs. The incident has triggered significant political backlash against the Aam Aadmi Party government, with various organisations and opposition parties demanding accountability and a CBI probe.
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.
A study suggests that targeting the brain's default mode network (DMN), which becomes active during self-reflection, could be a more effective approach to managing chronic low back pain. Researchers found that DMN activates during chronic pain flares, unlike its deactivation during acute pain, indicating chronic pain is deeply linked to one's sense of self. This finding explains why traditional symptom-based treatments often fail and points towards mind-body and psychedelic therapies.
A new study reveals that past emissions from major oil, gas, coal, and cement producers will continue to impact Earth's environment for centuries, even if emissions cease today. The research highlights that the planet will remain significantly warmer than pre-industrial levels, leading to persistent climate damages and increasing the likelihood of future extreme weather events, forming the basis for accountability lawsuits against these "carbon majors."
A laboratory technician in Siberia died from 'pneumonia of unknown aetiology' at an Anti-Plague Research Institute, sparking fears of pneumonic plague, with the US now monitoring the situation and urging Russia for transparency.
The Supreme Court has indicated that its judges may personally visit the National Testing Agency (NTA) to examine its upgraded facilities aimed at preventing recurring NEET paper leaks. This unusual move underscores the court's emphasis on institutional strengthening and permanent solutions. The NTA informed the bench that it has overhauled its system, while a high-powered panel is also working on structural reforms to ensure foolproof examination processes.
The Social Reckoning may lack the crackling energy of The Social Network, but Aaron Sorkin delivers a timely warning about what happens when a world-changing platform escapes the control of its creator.
Finance Minister Nirmala Sitharaman criticised commentators who express pessimism about India's demographic dividend, asserting that the country's youth are actively driving economic growth and innovation. She also highlighted the dual nature of AI and the need for robust safeguards in emerging technologies like quantum computing to balance innovation with safety.
BRICS members have expressed 'serious concerns' over the unilateral imposition of trade and finance-related measures, including higher tariffs and non-tariff barriers, stating these actions distort trade and are inconsistent with WTO rules. The grouping also highlighted elevated risks to the global economic outlook due to geopolitical tensions, trade fragmentation, and protectionism.
Indian sports pistol shooter Rahi Sarnobat discusses her challenging journey back to elite competition after battling a debilitating neuropathic pain syndrome. She shares how the illness forced her to redefine her training, mindset, and priorities, leading to a "second life" in the sport as she prepares for her fourth Asian Games.
Global brokerage Jefferies forecasts a double-digit compound annual growth rate (CAGR) for India's defence spending, estimating a cumulative domestic opportunity of over $60 billion across four years, driven by geopolitical tensions and the government's indigenisation push.
India finished fourth at the Aichi-Nagoya Asian Games with 85 medals, a significant dip from the previous edition's record haul. While traditional strongholds like shooting and athletics underperformed, breakthroughs in archery, wrestling, golf, boxing, hockey, and cricket showcased a broadening sporting base. The performance serves as a reality check on sustaining progress towards top global rankings and highlights areas for improvement in mental conditioning and preparation.
A senior Geological Survey of India official warns that the Himalayas are vulnerable to cascading disasters, where one high-altitude event can trigger a chain of destructive events downstream, as evidenced by Nepal's recent floods. He stresses the need for integrated monitoring using satellite data and ground investigations to identify high-risk areas and improve preparedness in the Indian Himalayas.
Indian Olympic Association president P T Usha has voiced strong objections to the Aichi-Nagoya Asian Games organisers' decision to forgo a conventional Athletes Village, opting instead for dispersed accommodation including a cruise ship. Usha, a former Asian Games athlete, highlighted the importance of a centralised village for athlete interaction and expressed concerns about logistical challenges and venue distances. She believes the traditional village system will endure despite this experiment and shared her excitement for India's performance and future hosting ambitions.
'Election Commissioners are Constitutional authorities and they are not supposed to go to the Cabinet secretary. They are not supposed to write letters. And if they are aggrieved, they should straight go to the President of India.'
Finance Minister Nirmala Sitharaman has called upon Indian industry to prioritise not just scale but also resilience, better governance, and deeper technological capabilities to achieve the 'Viksit Bharat' goal by 2047.
Tata Consultancy Services (TCS) has announced a five-year strategic deal with German automaker Porsche AG worth 1.25 billion (nearly 14,000 crore), which includes the acquisition of Porsche's wholly-owned subsidiary MHP Management- und IT-Beratung GmbH for 320 million (around 3,574 crore). This move is set to significantly expand TCS's consulting footprint in Germany and the broader European market, giving it access to MHP's customer base and specialised talent.
A new review reveals that microplastics are not just pollutants but also act as carriers for toxic chemicals, microorganisms, and antibiotic resistance genes across various environmental compartments. This "Trojan horse effect" allows them to transport persistent organic pollutants and heavy metals, releasing them into organisms upon ingestion. Additionally, microplastics foster microbial communities, known as the plastisphere, which can accelerate the spread of antimicrobial resistance, amplifying ecological hazards.
