Coal inventories at nearly half of India's thermal power plants have fallen to less than 25 per cent of required stocks, with 80 out of 190 plants at critical levels as of September 24, prompting the Centre to invoke emergency provisions and consider mandating imported coal usage.
Jio Platforms Ltd, the digital and telecom arm of Reliance Industries, is poised to launch India's largest-ever initial public offering (IPO) at Rs 30,213 crore, surpassing Hyundai Motor India's Rs 27,870-crore offering.
Indian equity benchmarks Sensex and Nifty experienced a decline in early trade, primarily due to a sell-off in power and metal stocks, mirroring a broader downturn across Asian markets. Elevated crude oil prices and firm US bond yields further dampened investor sentiment, while an expert warned of an impending correction in overvalued mid and small-cap segments. Track Sensex, Nifty on October 22.
India's power sector is undergoing a significant transformation, driven by a planned shift towards renewable energy and ambitious capacity expansion targets, with major players like NTPC, JSW Energy, Adani, and Tata Power prioritising predictable returns. However, execution challenges and valuation concerns remain critical factors for sustained growth.
The Esports Federation of India (ESFI) and the New Zealand Esports Federation (NZ Esports) have drafted a Memorandum of Understanding (MoU) to enhance cooperation and exchange knowledge in the esports sector. This initiative coincides with the 100 Years of Unity Through Sport celebrations, featuring Indian gamers competing in eFootball and Clash Royale in Auckland.
Sports Minister Mansukh Mandaviya inaugurated the BRICS Traditional and Indigenous Sports Demonstration Games, emphasising India's commitment to placing sport at the core of nation-building through significant investment in infrastructure and grassroots development. He highlighted India's indigenous sports like Mallakhamb, Yogasana, and Kalaripayattu, and discussed the country's ambition to host major international events, including the 2036 Olympic Games.
The Indian women's hockey team defeated defending champions China 1-0 to win their first Asian Games gold medal in 44 years, securing a direct berth for the 2028 Los Angeles Olympics. Lalremsiami scored the winning goal, and goalkeeper Savita Punia made crucial saves.
The GST Council, chaired by Finance Minister Nirmala Sitharaman, has begun deliberations on significant reforms, including decriminalising nine offences, softening provisions for 24, and raising the threshold for criminal prosecution to Rs 5 crore. The proposed changes also include scrapping the arrest powers of GST officers and introducing an 'invoice matching system' to combat fake input tax credit claims, aiming for a trust-based taxation approach and enhanced ease of doing business.
Designed for demanding work environments, the Dell Pro Rugged 13 Extreme combines a compact 13.3-inch touchscreen with powerful Intel processing, AI capabilities and flexible battery options.
'They allow people to enter and exit. And there is transparency. There is market infrastructure. There is technology. There is cyber security. And then there are enough enablers.'
The Indian women's football team suffered a heavy 0-8 defeat against Russia in their second international friendly in Kolkata. Russia displayed clinical finishing and exploited India's defensive weaknesses, scoring five goals in the first half and adding three more after the break, with multiple players bagging braces.
Indian benchmark equity indices, Sensex and Nifty, saw gains in early trade, primarily driven by strong buying in Reliance Industries and sustained foreign fund inflows. Adani Ports also emerged as a significant gainer after reporting an 18 per cent rise in consolidated net profit. Track Sensex, Nifty on October 29.
Sikkim's Education Minister Raju Basnet highlighted the potential of computational mathematics and artificial intelligence in predicting landslides and weather risks at an international conference. Experts discussed the role of mathematics in AI, scientific discovery, and the need for interdisciplinary research and international cooperation to develop reliable AI systems for real-world challenges.
Indian stock markets witnessed a significant rally, with the Sensex soaring 905 points and the Nifty topping 22,900, primarily driven by strong buying in banking and FMCG shares, coupled with easing crude oil prices and a US Fed rate pause.
Indian benchmark indices, Sensex and Nifty, closed largely unchanged after a volatile trading session, influenced by persistently high crude oil prices, selling pressure in major bank stocks, and investor caution ahead of the US Federal Reserve's policy decision.
India has officially announced its bid to host the 2036 Olympic and Paralympic Games, centered around the theme "Rising Together."
Jio Platforms Ltd's Rs 30,213-crore initial public offering (IPO) achieved full subscription within 100 minutes of opening, making it the fastest among India's mega issues, surpassing previous records set by companies like Reliance Power.
Indian equity benchmark indices extended losses for a second consecutive session, with the Sensex dropping 143 points, driven by a sell-off in power, banking, and financial stocks, coupled with elevated crude oil prices and persistent FII selling.
India's national football team suffered a 6-1 defeat against two-time former world champions Uruguay in an international friendly in Kolkata.
India's men's hockey team successfully defended their Asian Games gold medal by defeating Malaysia 5-1, securing a direct qualification for the 2028 Los Angeles Olympics.
Indian equity benchmarks Sensex and Nifty extended their losses for a third consecutive session, with the Sensex declining 460.30 points and the Nifty dropping 123.70 points, primarily due to surging crude oil prices driven by escalating tensions in West Asia and weak global cues.
India's U20 football team secured a historic qualification for the AFC U20 Asian Cup main tournament after a 20-year hiatus, following a dominant 3-0 victory over Bangladesh. Goals from Danny Meitei Laishram, Vishal Yadav, and Md Arbash sealed their spot as one of the best runners-up, with the main tournament scheduled for 2027 in China.
India's capital markets regulator, Sebi, has simplified the onboarding process for foreign portfolio investors (FPIs) by permitting them to submit a digitally signed Power of Attorney (PoA) to their custodians, eliminating the need for notarisation or apostillisation.
India has accumulated experience organically and in public, through blood, sweat and toil -- one commissioning and one agreement at a time -- and is called a regional power. China has accumulated hulls, by misdirecting its industrial capacity, and is mistakenly called a superpower. The Indo-Japan defence agreement pushes this theory to its limits without ever naming the dragon in the room, points out Dr Abhishek Puri.
Union Road Transport Minister Nitin Gadkari has dismissed criticism against blending 20 per cent ethanol in petrol fuel as a 'paid campaign'. He highlighted that millions of vehicles are already running on E19-20 blends without widespread issues. Gadkari also addressed concerns about highway quality, promising improvements within two years and detailing plans for monitoring and penalising contractors. He further elaborated on the economic impact of infrastructure development and the expansion of India's highway network.
Two-time Olympic medallist P V Sindhu defeated Japan's Hina Akechi in a thrilling three-game match to reach her second Super 750 final of the year at the French Open. She will now face world No. 1 An Se Young in the summit clash.
'Therefore, Beijing comes to wrong conclusions.'
India's women's hockey team secured a historic gold medal at the Asian Games, defeating defending champions China 1-0. This victory, marked by Lalremsiami's early goal and a resilient defensive performance led by goalkeeper Bichu Devi, also earned India direct qualification for the 2028 Los Angeles Olympics, ending a 44-year wait for the title.
J R D Tata, chairman of the Tata group from 1938 to 1991, said that whenever he had to make a difficult decision, he would ask himself, what will be good for India, and what will be good for the Tatas. If he had a doubt, he would decide in favour of India. In the long run, it would turn out well for the Tatas too, he said, points out Arun Maira.
Have you heard of an electronic exchange to trade electricity? Soon, online power exchanges will be a reality in India.
The exchange, Indian Energy Exchange (IEX), received bids for 13,176 Mwh of power when operation commenced and the transaction took place in the price range between Rs 6.46/kwh and Rs 8.01/kwh. Power will be delivered on Saturday as IEX is trading a day ahead currently.
If we really want to curb the further depreciation of the rupee and make the rupee appreciate, we want to come out of the mindset that the exchange rate is merely a number, bring policy corrections to help reduce the outflow of foreign exchange by imposing suitable tariffs to discourage imports and bring self reliance, discipline FPIs, and correcting rules governing royalty outflows, suggests Dr Ashwani Mahajan, National Co-Convenor, Swadeshi Jagaran Manch.
The Joint Parliamentary Committee (JPC) on simultaneous elections had scheduled an "informal interaction" with Supreme Court judges, which was later cancelled by the apex court. The Supreme Court deemed the meeting inappropriate as the proposed constitutional amendment could become subject to judicial review. JPC Chairman PP Chaudhary defended the panel's initial decision, citing precedents, while DMK MP P Wilson, who mooted the idea, expressed disappointment and argued against the notion that such interactions violate separation of powers.
Indian benchmark stock indices, Sensex and Nifty, closed lower due to profit-taking, a spike in wholesale price-based inflation, and firm crude oil prices, despite some support from easing intraday crude oil prices and rupee appreciation.
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.
Motorola has expanded its G-series lineup in India with the launch of the Moto G77 Power, a smartphone designed for users who prioritise battery life and reliable everyday performance.
India's markets regulator Sebi has launched 'Demat 2.0', a pilot project for tokenisation of corporate bonds, enabling atomic settlement through integration with RBI's wholesale CBDC. This new market infrastructure uses Distributed Ledger Technology (DLT) to make bond issuance, trading, and settlement faster and more efficient. India is the first country to issue corporate bonds natively on a distributed ledger with central bank digital currency settlement. Additionally, RBI Governor announced new UPI innovations: 'Tap & Pay' for faster POS transactions and MyUPI, an AI-powered customer support solution.
Karnataka Chief Minister D K Shivakumar has refuted claims that Rahul Gandhi pushed him during a protest march in Delhi, clarifying that Gandhi was concerned for his safety. This comes after a viral video sparked a political slugfest between the Congress and the BJP, with the latter accusing Gandhi of insulting the state.
India's U20 football team secured a dominant 3-0 victory over Bangladesh in their final AFC U20 Asian Cup Qualifiers group match. Goals from Danny Meitei Laishram, Vishal Yadav, and Md Arbash sealed the win, bringing India's total to six points. The team's qualification for the main tournament, potentially after 20 years, now hinges on the outcome of the Syria-Uzbekistan match.
HSBC has emerged as the leading international bank in facilitating fundraising for Indian companies through bonds, syndicated loans, and IPOs during January-September 2026, according to Hitendra Dave, CEO of HSBC India.
