The AIADMK suffered a significant blow in the recent Madurantakam and Dharapuram by-polls, seeing a sharp decline in its traditional vote base. The party came in a distant third in both seats, which were previously its strongholds, raising concerns about its leadership, strategy, and future in Tamil Nadu's political landscape, especially with the rise of the TVK.
Indian benchmark stock indices, Sensex and Nifty, rallied significantly, with Sensex jumping over 1,500 points and Nifty reaching a nearly three-week high, driven by strong buying in banking, IT, and Reliance Industries stocks, alongside easing crude oil prices.
Hundreds of Thane residents protested against a proposed Amazon data centre, citing environmental concerns, noise pollution, and excessive water and electricity consumption. Amazon stated compliance with environmental laws, assuring the facility would not strain local resources, but protesters remain unsatisfied, with a local MP also demanding a review.
'Get people young, train them, assimilate them, and grow them adequately.'
'We are ready to help Prime Minister Modi achieve his vision of 100 per cent connectivity throughout India -- a vision all of our company, including Elon, shares,' Lauren Dreyer, vice-president of Starlink business operations at SpaceX, said at the pre-business day of the India Mobile Congress in New Delhi.
Net office space leasing in India's top eight cities declined by 20 per cent in the January-September period to 36.7 million sq ft, primarily due to limited fresh supply of quality workspaces and a high base effect from the previous year, according to a report by Cushman & Wakefield. Despite this, gross leasing saw a 1 per cent increase, reaching a record 64.6 million sq ft, indicating strong underlying market activity.
India is developing a 'Gross Domestic Knowledge Product' (GDKP) to identify and define its knowledge assets, a move aimed at safeguarding them amidst global efforts to monetise and 'weaponise' knowledge, according to NITI Aayog member R Balasubramaniam.
The National Company Law Tribunal (NCLT) approved a record 107 resolution plans in the second quarter of financial year 2026-27 (Q2FY27), its highest quarterly performance, despite ongoing challenges such as member vacancies and infrastructure constraints.
Indian benchmark indices Sensex and Nifty saw a rebound in early trade, primarily driven by a more than 4 per cent surge in Tata Consultancy Services (TCS) shares following its robust Q2 net profit announcement. Track Sensex, nifty on October 9.
The Jammu and Kashmir Crime Branch has filed a chargesheet against 15 individuals in the Kishtwar minor's rape and death case. The chargesheet alleges a criminal conspiracy to conceal the sexual assault, intimidate the victim's family, and illegally terminate her advanced pregnancy. The 15-year-old tribal girl died on August 20 following an alleged abortion attempt after being repeatedly sexually assaulted by a teacher, resulting in pregnancy. Accused include the main perpetrator, health workers, and community elders involved in the cover-up and pressure tactics.
Indian equities, particularly the Nifty 50, have significantly underperformed their Asian and global counterparts over the past year, with the index down 10.6 per cent. This lag is attributed to factors like rising global oil prices, rupee depreciation, and a lack of participation in the global chipmaker rally that boosted markets like South Korea and Taiwan.
India's entry-level passenger vehicle market is experiencing a significant recovery, with mini car wholesales surging 86.3 per cent year-on-year in the first half of FY27, driven by improved affordability and stronger overall demand.
The Supreme Court has declared that children have a fundamental right to access and use the internet, directing the Centre to establish a national database for detecting and removing child sexually explicit visual content. The ruling, stemming from a plea by NGO Just Rights for Children Alliance, emphasises the internet's value for learning and expression while acknowledging the need for safeguards like parental consent and a "child mode" for accounts, rather than blanket restrictions.
The Supreme Court has directed the Election Commission to provide details on the disposal of appeals by tribunals concerning deletions from West Bengal's electoral rolls during the Special Intensive Revision (SIR). The court emphasised the need to track the progress of these appeals, which were set up to address irregularities. It also clarified that grievances regarding the denial of PDS benefits due to voter deletion should be taken up with the Calcutta High Court.
Despite recent electoral losses to the newly formed Tamilaga Vettri Kazhagam (TVK) in both the April Assembly election and October 6 by-polls, the Dravida Munnetra Kazhagam (DMK) has demonstrated a robust and independent vote bank. Electoral data indicates that the DMK maintained significant voter support, securing its position as the principal opposition party and potentially a key challenger to the TVK in future elections, including the 2029 Lok Sabha elections.
For the first time, co-working spaces have surpassed the IT/ITeS sector as the largest occupier of office space in India during the January-September period, indicating a significant shift towards flexible workspaces, according to Anarock Research & Advisory.
Indian stock markets witnessed a significant rebound, with the Sensex rallying 1,109 points and the Nifty closing above 22,720, driven by strong performances in IT and financial sectors, a recovering rupee, and Finance Minister Nirmala Sitharaman's comments on long-term capital gains (LTCG) tax.
Public and private sector banks in India experienced significant deposit growth in the July-September quarter of FY27, largely propelled by foreign currency non-resident (bank), or FCNR(B), deposits mobilised under the Reserve Bank of India's concessional swap window, which closed on August 31.
Microsoft has inaugurated its India South Central data centre region in Telangana, marking its fourth cloud region in the country and significantly expanding its cloud and AI infrastructure. This strategic investment supports Telangana's ambitious goal of achieving 5 GW of data centre capacity by 2029 and attracting USD 30 billion in digital infrastructure investments, further solidifying Hyderabad's role as a global technology hub.
Microsoft has inaugurated its India South Central data centre region in Telangana, marking its fourth cloud region in the country and significantly expanding its cloud and AI infrastructure. This strategic investment supports Telangana's ambitious goal of achieving 5 GW of data centre capacity by 2029 and attracting USD 30 billion in digital infrastructure investments, further solidifying Hyderabad's role as a global technology hub.
Cathy Li, Head of the Centre for AI Excellence at the World Economic Forum, advocates for integrating AI literacy into India's education curriculum and incentivising AI companies to prioritise child safety. She stresses the need for localised solutions that account for India's linguistic and cultural diversity, as well as varying levels of connectivity and digital literacy, to ensure AI systems are safe and beneficial for children.
With NEET Round 3 allotments concluded, medical aspirants are now evaluating their options, including participation in stray rounds, understanding penalties for not joining allotted seats, and exploring private or deemed university admissions.
Small and medium enterprise (SME) initial public offerings (IPOs) in India are significantly underperforming mainboard listings, with 81 out of 161 SME IPOs trading below their issue price this year, and a median return of -0.2 per cent compared to a 24 per cent gain for mainboard issues.
Indian benchmark indices Sensex and Nifty saw a significant rebound in early trade, with the Sensex surging over 700 points, driven by a decline in crude oil prices, easing concerns over Federal Reserve tightening, and the appointment of Anup Bagchi as the new MD and CEO of HDFC Bank.
Chief Economic Advisor V Anantha Nageswaran stated that the second half of the current fiscal year (FY27) is expected to be challenging due to increased downside risks to global growth and rising interest rates worldwide.
Australia 'A' batter Nathan McSweeney attributed his success in the recent one-day series against India A to studying Virat Kohli's technique against spinners on YouTube. McSweeney was named player of the series after scoring 194 runs, helping Australia A win the series 2-1. He highlighted the importance of adapting to Indian conditions and executing strategies learned from top players.
The Goods and Services Tax (GST) Council is set to discuss proposals aimed at transforming the complex indirect tax system into a more business-friendly regime, focusing on simplifying compliance, reducing administrative burdens, and potentially raising the prosecution threshold.
A new report by TeamLease Digital highlights a significant AI-ready talent gap in India's technology industry, with shortages of 53-60 per cent in Generative AI and cloud skills. The report indicates that only 16 per cent of IT professionals possess AI skills, leading to rising salary premiums for AI-core roles and a projected demand for over 10 lakh GenAI roles by 2026.
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.
Analysts predict that the Reserve Bank of India's interest rate decision, crude oil prices, and global bond yields will be the primary factors influencing the Indian stock market this week, alongside macroeconomic data and foreign investor activity.
Fake web sites, counterfeit goods, bogus delivery charges and fraudulent customer support agents are common warning signs.
India's foreign exchange reserves experienced a substantial decline of USD 14.881 billion, reaching USD 765.901 billion for the week ending September 18, primarily due to a fall in foreign currency assets, as per recent RBI data.
A joint report by Dell Technologies and Zinnov reveals that despite high ambition, nearly 70% of India's Global Capability Centres (GCCs) are stuck at the pilot stage for AI adoption. Foundational gaps in data, infrastructure, and governance are identified as key bottlenecks preventing the scaling of AI initiatives into enterprise-wide production. The report highlights the need for significant reskilling of the workforce and robust foundations for industrialising AI responsibly.
Aam Aadmi Party convenor Arvind Kejriwal criticised the Centre for the security clampdown in central Delhi against the Cockroach Janata Party (CJP) protest, calling it "worse than Emergency" and alleging dictatorship. He also accused Prime Minister Modi of being scared and protecting "vote chori" by crushing democracy, demanding the resignation of Chief Election Commissioner Gyanesh Kumar.
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.
Expiry day can make an otherwise ordinary trading session feel unusually fast. Index prices may move sharply around important strikes, option premiums can change quickly, and a position that looked manageable in the morning can behave very differently later in the day.
Indian benchmark indices, Sensex and Nifty, surged over 1 per cent, recovering from two days of losses, driven by a strong rally in IT stocks, particularly TCS, and a moderation in global crude oil prices.
Delhi Police have dismantled an inter-state truck theft and dismantling racket, arresting three individuals including the alleged mastermind. The operation led to the recovery of dismantled parts of a stolen truck from a Punjab godown. The investigation involved technical surveillance, CCTV footage, and digital payment tracking, revealing the accused's involvement in multiple truck thefts across Delhi.
The Indian IPO market recorded its highest monthly fundraising in September, with 34 mainboard companies raising 39,309 crore, despite a significant decline in the Nifty 50 index.
Olympic gold medalist Abhinav Bindra congratulated Indian athletes for their Asian Games performance but stressed the critical need to enhance the country's high-performance sports ecosystem. He highlighted the urgency required for preparations, with the Los Angeles Olympics less than two years away, advocating for robust systems that support athletes from early stages to build resilience and ensure timely expert intervention.
