New Zealand Prime Minister Christopher Luxon stated that the historic Free Trade Agreement with India, now in effect, will help grow both economies, allowing Kiwi businesses to reach over a billion more customers with significantly reduced tariffs, leading to 'more jobs and higher wages for Kiwis'.
Priyansh Arya's 199 and captain Ayush Badoni's unbeaten 115 propelled Delhi to a commanding 381 for 4 against Gujarat on the opening day of their Ranji Trophy Elite Group C match. The duo forged a crucial 234-run partnership. Elsewhere in Group C, Bengal faced a tough challenge against Services, while other matches also saw early action.
Bharti Airtel Chairman Sunil Bharti Mittal stated that his satcom venture, Eutelsat OneWeb, is 'significantly ahead' of Elon Musk's Starlink in the Indian satcom queue, having applied for a licence five years ago, and expressed a desire to receive regulatory approval before Starlink.
The Haryana Congress has strongly criticised the BJP government's two-year tenure in the state, alleging widespread misgovernance, unfulfilled election promises, a surge in crime, and rampant corruption. Senior Congress leaders, including Bhupinder Singh Hooda and Kumari Selja, highlighted issues faced by farmers, traders, and youth, demanding accountability and a white paper on the government's performance.
Canadian billionaire Prem Watsa's Fairfax Financial Holdings will utilise the expertise of Deepak Parekh and Paresh Sukthankar, former HDFC leaders, as it moves to acquire a 60.72 per cent stake in IDBI Bank for 52,878 crore, with N S Kannan proposed as chairman.
Indian Revenue Service officer Ekta Vishnoi, currently Joint Secretary in the Department of Biotechnology, has won three gold medals at the World Masters Classic and Equipped Powerlifting Championships in Nevada, USA.
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.
India's Department of Telecommunications (DoT) has amended its Unified Licence Agreement, allowing caller identification to include the subscriber's registered name from November 1, 2026, a move aimed at enhancing transparency and potentially curbing spam calls.
Infosys CEO Salil Parekh stated on Tuesday that the company's AI services, currently contributing over 8% of revenue, are growing rapidly and could account for almost half of its work within two to three years. He highlighted the strong demand for AI services, the company's hiring and training efforts for graduates in AI, and discussed potential risks like infrastructure challenges and societal backlash.
The Supreme Court clarified that it was not taking cognisance of media reports suggesting government authorities tendered unconditional apologies in contempt proceedings related to restrictions during an October 10 protest. Solicitor General Tushar Mehta explained that apologies are procedural, and authorities have defended their actions, citing reasons like maintaining public order and intelligence inputs. The court emphasised that media coverage was not relevant to its proceedings.
Pakistan and the Maldives have signed 20 Memorandums of Understanding (MoUs) covering defence, maritime security, artificial intelligence, trade, and other sectors during Maldivian President Mohamed Muizzu's three-day visit to Islamabad. The agreements aim to significantly boost bilateral cooperation and trade, with Pakistan also offering technical expertise and educational opportunities.
'Reliance has had a very, very strong history of shareholder value and growth, and that's what we need to focus on the further journey from the IPO.'
Indian digital certification authority eMudhra has reported a compromise of private keys for some of its global TLS and code-signing certificates, according to Cert-In. This incident, while eMudhra states it has limited impact on its Indian operations, could allow cybercriminals to impersonate websites. Separately, SBI has disclosed a suspected exposure of nearly 4,000 customer records on the dark web.
The advisory, issued on Wednesday, urges Indian nationals to avoid large gatherings and crowded places where protests are occurring and to follow local authorities' instructions.
Union Home Secretary Govind Mohan has tendered an unconditional apology to the Supreme Court for imposing restrictions in Delhi ahead of an October 10 protest, stating there was no deliberate non-compliance with the court's order. The Centre's communication was aimed at maintaining peace and preventing public order disturbances, citing a protest allegedly planned without permission and past experiences.
West Bengal Chief Minister Suvendu Adhikari has initiated an investigation into the role of temporary home guards following a stampede at a Kolkata Durga Puja pandal that killed 19 people. Adhikari criticised the previous administration and highlighted issues with crowd management and the conduct of home guards during the incident. The probe will also include puja organisers and licensing authorities, while a Special Investigation Team (SIT) will be formed. Seven people, including organisers, have been arrested.
The Bombay High Court questioned dismissed cop Sachin Waze's potential return to service if granted bail in the Antilia bomb scare and Mansukh Hiran murder case. The court reserved its order on NIA's appeal against Waze's bail, also questioning the application of terrorism charges under UAPA.
A powerful magnitude 7.0 earthquake struck China's Tibet region on Thursday, resulting in at least 16 fatalities and 54 injuries. The quake, with its epicentre east-northeast of Nagqu city, caused significant damage, including the collapse of 339 houses, and led to the suspension of train services. Rescue operations are underway, with Chinese President Xi Jinping calling for all-out relief efforts.
The Qualified Institutional Buyers (QIBs) portion of the Jio Platforms IPO was fully subscribed at over 2x demand within minutes of its issue opening on Wednesday, indicating strong institutional interest in India's largest public issue.
A father and son have been arrested in Jammu and Kashmir's Kishtwar district for the murder of a Special Police Officer (SPO), Bashir Ahmad. A land dispute is suspected to be the motive behind the killing, and the deceased's service weapon was also recovered.
Indian equity benchmarks Sensex and Nifty rallied up to 1 per cent in early trade, driven by strong performance in IT stocks, Reliance Industries, and favourable global market sentiment, rebounding from previous losses.
Two tribal rights activists, Dr Randall Sequeira and Laxman Naik, have been arrested in Odisha's Rayagada district in connection with a six-month-old clash during an anti-mining protest. While police claim the activists instigated tribals to attack security personnel, a civil society group has condemned the arrests, alleging they are an attempt to suppress protests for tribal rights over natural resources. The activists face serious charges including attempt to murder and rioting.
Dedicated Ayush dispensaries increased from 26,130 in 2013-2014 to 37,804 in 2024-2025, while hospitals rose much more slowly, from 3,605 to 3,885.
The retail portion of Jio Platforms' initial public offering (IPO) was fully subscribed within two hours on the second day of bidding, with overall subscription reaching 3.47 times by 11:00 am on Thursday.
AI-managed services firm RapidCanvas, with a significant employee base in India, announced on Friday that it has raised USD 29 million (approximately Rs 275 crore) in Series B funding. The round was led by Vertex Ventures SEA and India, with participation from Hitachi Ventures and existing investors. The company plans to use the funds to expand its go-to-market teams, partner network, and grow its employee base and engineering teams in India, the US, and Brazil, while also investing in product development.
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.
Jio Platforms' initial public offering has garnered an overwhelming institutional demand of approximately Rs 2.5 lakh crore, significantly exceeding its Rs 8,110-crore anchor book, with global and domestic investors vying for a stake in the Reliance Industries subsidiary.
The International Monetary Fund (IMF) has increased India's growth forecast to 7 per cent for 2026-27, up from 6.4 per cent, attributing this robust outlook to resilient domestic demand and strong services activity, positioning India as one of the fastest-growing major economies.
Nida Khan, an accused in the alleged sexual harassment and religious conversion case at TCS Nashik, appeared before a family court on Friday for a divorce petition filed by her husband, Moin Khan. Both parties attended a counselling session, and the next hearing is set for November 20.
A Central Reserve Police Force (CRPF) sub-inspector allegedly died by suicide in Chhattisgarh's Bijapur district after shooting himself with his service weapon. The incident, which occurred on the intervening night of Monday and Tuesday, is under investigation. This tragic event is part of a larger pattern, with nearly 200 police and paramilitary personnel dying by suicide in the state over the past eight years due to various personal and professional issues.
Wipro reported a marginal 1.40 per cent decline in consolidated net profit to Rs 3,200.6 crore for the July-September quarter of FY27, despite a 9.1 per cent increase in revenue from operations to Rs 24,752.7 crore.
The Supreme Court has granted the Centre an extension until October 15 to file its response on petitions concerning the closure of metro stations and disruption of train services in Delhi during protests against Chief Election Commissioner Gyanesh Kumar and the Special Intensive Revision of electoral rolls. The court also deferred a crucial hearing, issued notice on a petition challenging the immunity of election commissioners, and sought a Delhi Police officer's presence regarding alleged assaults on women journalists. Earlier, the court had directed authorities to ensure normal public transport and prevent unlawful detentions.
Jio Platforms Ltd's (JPL) public offer, valued at Rs 30,213 crore, was fully subscribed within 100 minutes of opening, making it the fastest-ever subscribed IPO in India, driven by strong institutional demand.
The Supreme Court on Sunday issued a notice to the Centre and passed several directions regarding metro and train services, internet access, and peaceful assembly in Delhi, following a plea for contempt proceedings over alleged violations during the CJP protest. The court emphasised the protection of fundamental rights and the need for lawful conduct during protests.
India's largest bank, SBI, is investigating the suspected exposure of 3,897 customer records containing personally identifiable information on the dark web. The bank received alerts on October 16 and has initiated cyber incident response protocols, engaging an independent cybersecurity agency. While a detailed assessment is underway, SBI states the incident has not materially impacted its core business operations. This comes as CERT-In also warned last week about autonomous AI agents accessing confidential data and reported a compromise of eMudhra's private keys.
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.
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.
Madhya Pradesh Lokayukta police raids have uncovered 46 immovable properties worth an estimated Rs 64 crore allegedly linked to head constable Firoz Khan, his family, and associates. The properties, including houses and land, far exceed his legitimate income over 24 years of service, prompting an ongoing investigation under the Prevention of Corruption Act.
HCLTech announced a robust 21.18 per cent increase in its Q2 FY27 consolidated net profit, reaching Rs 5,132 crore, largely propelled by the strong performance and higher margins from its advanced AI operations and a reduced tax burden.
The CBI has arrested a medicine specialist and a contractual staffer from Delhi's Bhagwan Mahavir Hospital for allegedly accepting a Rs 1 lakh bribe. The doctor, a nodal officer for outsourcing, sought the bribe to ensure a tender was not cancelled and bills were cleared. Both accused were apprehended and are being interrogated.
