Union Minister Ramdas Athawale stated that opposing reservation is unconstitutional and that the policy would be given up if casteism is eliminated. He highlighted the historical context of reservations for SC/ST and OBCs, and the Modi government's EWS quota. Athawale also criticised the opposition, praised government achievements, and discussed various welfare schemes and infrastructure projects in Chhattisgarh.
Indian benchmark indices, Sensex and Nifty, experienced a significant downturn, with Sensex tanking 778 points and Nifty closing at a five-month low, driven by surging crude oil prices, geopolitical tensions, and fears of further interest rate hikes by major central banks.
UEFA vice-president Laura McAllister stated that UEFA is actively seeking a credible challenger to FIFA President Gianni Infantino for the upcoming March election, emphasising the need for a candidate capable of uniting football's confederations and delivering lasting governance reform, rather than merely installing a European figurehead.
Experts laud the decision to impose a 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000, effective October 15. This move, along with a dedicated fund for small merchants, is seen as crucial for creating a sustainable digital payments ecosystem, incentivising expansion in rural areas, and funding innovation while keeping most transactions free for users.
Government sources state that Meta, due to its algorithmic amplification of content, can no longer be considered a "simple intermediary" but rather a "service provider," implying greater responsibility and potential loss of legal immunity. This shift comes as Meta commits to directly reporting child abuse content to Indian law enforcement, amidst increasing government scrutiny over harmful online content and algorithmic bias.
'Regulations give a particular minimum amount of shares to be given in the OFS or IPO -- without which one cannot do the IPO.' 'We got that number on the day of filing of updated DRHP -- sufficient for us to go live with the IPO.'
India's Sports Minister Mansukh Mandaviya has announced the formation of a 10-member Task Force, chaired by Niti Aayog's Yugal Kishore Joshi, to assess the feasibility and challenges of reviving Formula 1 in the country. The committee aims to develop a roadmap for India to host a Grand Prix by 2028, focusing on sustainable growth, policy interventions, and addressing past issues like taxation. The Adani group, owners of the Buddh International Circuit, will also be involved.
Left parties have strongly condemned the government's decision to impose charges on UPI payments exceeding Rs 2,000, with CPI General Secretary D Raja alleging the move was made under "US pressure" to favour foreign payment companies. Both CPI and All India Forward Bloc demand the withdrawal of this "anti-people decision," arguing it burdens consumers and merchants while undermining UPI's role as a public digital infrastructure. They highlight concerns that the charges weaken India's digital sovereignty and serve commercial interests of foreign corporations like Visa and Mastercard.
Tamil Nadu Chief Minister C Joseph Vijay is set to chair a crucial TVK alliance coordination meeting in Chennai. The meeting aims to formalise the ruling coalition's structure, common minimum programme, and joint steering committee. However, the absence of key Left allies and a public rift between TVK and Congress over national leadership aspirations threaten to destabilise the alliance, highlighting a significant test for CM Vijay's political management.
In recent years, China and Russia have pushed for de-dollarisation within BRICS, which India has resisted. One reason is that India does not want to hurt its relationship with the United States, and another is the fear of China controlling trade because the renminbi is considered the strongest currency in the bloc today.
The central government has introduced a 0.4 per cent fee on UPI transactions exceeding Rs 2,000, prompting traders' associations to advocate for cash payments to avoid additional costs on digital payments. This move ends the zero-Merchant Discount Rate (MDR) regime, with traders expressing concerns about operating on tight margins and the potential for increased charges.
India is hosting the 18th BRICS Summit in New Delhi, bringing together numerous world leaders including presidents from China, Russia, South Africa, Iran, and Egypt, along with prime ministers and foreign ministers from other nations. The summit will feature bilateral talks and highlights the expanded BRICS grouping's growing global influence and India's significant role as a founding member and current chair.
India's deputy chef-de-mission, A Sharath Kamal, has downplayed concerns regarding the unique container room and cruise ship accommodation for athletes at the upcoming Asian Games in Aichi-Nagoya. He stated that Indian athletes have been prepared for these arrangements through mock setups at SAI centres. Kamal also expressed confidence in India's table tennis team, predicting at least one medal, specifically highlighting the men's doubles and mixed doubles pairs.
A US nonprofit policy think tank, the Federation of American Scientists (FAS), estimates India's nuclear arsenal at 190 warheads, including those for new missiles under production. The report highlights India's ongoing modernisation of its nuclear capabilities and adherence to a no-first-use doctrine, while also noting uncertainties in warhead designs and plutonium reserves.
'IN-SPACe like an octopus is stretching its tentacles everywhere and choking ISRO.'
Opposition MPs have voiced strong criticism against the government's new fee on UPI payments exceeding Rs 2,000 to merchants, calling it "anti-people" and expressing widespread "outrage". The issue was raised in a Parliamentary Standing Committee meeting, where concerns were also flagged regarding the methodology of GDP growth calculation and the government's stance on Virtual Digital Assets.
The inaugural World Athletics Ultimate Championship saw thrilling performances on its second day, with Audrey Werro defeating Olympic champion Keely Hodgkinson in the women's 800m and Melissa Jefferson-Wooden clocking the season's fastest time in the women's 100m. Other notable winners included Kenny Bednarek in the men's 100m, Collen Kebinatshipi and Marileidy Paulino in the 400m, Haruka Kitaguchi in javelin, Klaudia Kazimierska in 1500m, Miltiadis Tentoglou in long jump, and Sandi Morris in pole vault.
A new IDC report reveals that artificial intelligence is prompting organisations worldwide to retrieve and utilise previously archived, "cold-tier" data for AI training, significantly increasing its perceived value and leading to longer data retention periods and a burgeoning market for datasets.
Badminton star Saina Nehwal, who retired earlier this year due to a chronic knee condition, is enjoying her post-retirement life by travelling the world, recently visiting Universal Studios Hollywood with her mother.
During the Asia Cup final on Sunday, the cameras panned to the guest box at the Dubai international stadium and showed BCCI Secretary Devajit Saikia in conversation with Asian Cricket Council Chairman Mohsin Naqvi.
Senior Congress leader Shashi Tharoor has articulated India's position on BRICS, advocating for it to be a "non-West, but not anti-West" platform, a stance he believes is crucial for India's national interest. He highlighted the prestige of hosting the BRICS summit, India's responsibility to represent the Global South, and the significance of bilateral meetings, particularly with China and Russia. Tharoor also addressed the strained India-China relations, citing border issues and trade leverage, and discussed the challenges within BRICS, including difficulties in achieving consensus on global issues and trade imbalances, while also considering the need for diversified international relations amidst unpredictable US sanctions.
Indian shuttler Isharani Baruah has advanced to the women's singles final of the Vietnam Open Super 100 tournament after defeating compatriot Rakshitha Sree Santhosh Ramraj. However, fellow Indian Tanvi Sharma and HS Prannoy were eliminated in their respective semifinals.
Following an all-vegetarian BRICS Summit dinner, Congress leader Rahul Gandhi stirred discussion by stating that 80% of Indians are non-vegetarian and celebrating the diversity of Indian non-vegetarian cuisine.
Uttar Pradesh Governor Anandiben Patel addressed AI Manthan 2.0, advocating for the comprehensive integration of Artificial Intelligence across all university subjects rather than as a standalone course. She urged universities to develop clear, time-bound AI roadmaps covering education, research, healthcare, and agriculture, emphasising indigenous AI development, employment creation, and the importance of "Safe and Trusted AI." The event also saw the formation of an AI Policy Advisory Group and an AI Implementation Group to drive these initiatives.
The Indian Air Force has launched 'Dronathon 2026' at the Pokhran range in Jaisalmer, a three-day event showcasing advancements in unmanned aerial systems (UAS) and counter-UAS technologies by domestic manufacturers. The initiative aims to bolster the IAF's capabilities in the unmanned domain, align with the 'Atmanirbhar Bharat' objective, and assess indigenous technologies against operational requirements through live demonstrations. It also fosters interaction between the IAF, industry, and even students, promoting the development of scalable unmanned solutions.
The BRICS grouping adopted a consensus joint declaration in New Delhi, successfully navigating differences on the West Asia conflict but notably omitting any direct mention of US strikes on Iran or Iranian military attacks on Gulf Arab nations. The declaration also criticised Israel's actions in Gaza and called for a concerted approach against terrorism.
Indian kabaddi player Brijendra Singh Choudhary has been stripped of his silver medal from the Asian Beach Games after failing an in-competition dope test. He tested positive for the prohibited diuretic brinzolamide and has accepted the sanction, leading to the disqualification of his results.
The Indian government has mandated that banks and payment providers cannot levy charges on UPI transactions up to Rs 2,000 or on payments made via RuPay debit cards. This directive follows an amendment to the Payment and Settlement Systems Act, 2007, aiming to sustain and expand the digital payments ecosystem.
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.
Shreyas Iyer, India's T20I captain, described his initial stint as skipper as a 'tough pill to swallow' after suffering away series defeats, but emphasised the importance of maintaining 'equilibrium' following a dominant 2-0 series win over Afghanistan.
A live demonstration of Muay Thai was held in New Delhi to popularise the traditional Thai martial art in India. Thai officials highlighted Muay Thai's role as a national soft-power asset, aiming to foster closer ties between India and Thailand through cultural exchange and economic potential.
Researchers have successfully recreated in a laboratory setting how high-energy cosmic rays interact with Earth's atmospheric gases. Using CERN's Large Hadron Collider, an international team simulated collisions between cosmic particles, similar to those from supernovae, and oxygen beams. This unprecedented experiment provides a clearer understanding of interstellar particles and phenomena like the Northern Lights, improving upon previous computer simulations.
Professional Punch Boxing is set to host its 14th edition in November, aiming to provide Indian fighters with competitive bouts and international exposure. The series, launched in 2017 and sanctioned by the Indian Boxing Council, has previously featured boxers from over 12 countries, offering a platform for domestic talent to build their careers.
Tax experts clarify that merchants will pay 18% GST on Merchant Discount Rate (MDR) for UPI payments exceeding Rs 2,000, effective October 15. However, registered merchants can claim Input Tax Credit (ITC), mitigating the tax burden. This move is expected to generate significant GST revenue for the exchequer while funding payment infrastructure.
Cristiano Ronaldo has called for a lifetime ban on football fans who chanted the name of deceased former teammate Diogo Jota at Ruben Neves during a Saudi Pro League match. The incident, which occurred during a game between Al-Taawoun and Al-Hilal, deeply affected Neves, a close friend of Jota.
India's Davis Cup team faces a significant challenge in their qualifier against South Korea as key doubles player Yuki Bhambri has been ruled out due to a thigh injury. This forces captain Rohit Rajpal to re-evaluate the doubles combination, a crucial aspect for advancing to the finals. The team is now experimenting with new pairings, with N Sriram Balaji emerging as a leading option.
Football administrator Ranjit Bajaj has filed a writ petition in court, seeking directions for the All India Football Federation (AIFF) to immediately schedule and complete elections for its Executive Committee. Bajaj argues that the AIFF has already adopted a compliant constitution, making further deferment unjustified.
World-record holder Alison dos Santos secured victory in the men's 400m hurdles, while Djamel Sedjati surprisingly won the men's 800m on the final day of the World Athletics Ultimate Championship. Other winners included Jasmine Jones (women's 400m hurdles), Rumesh Pathirage (men's javelin), and Likina Amebaw (women's 5,000m) at the event in Budapest, which featured a record $10 million prize pot.
The investigation into the murder of pharmaceutical trader Vineet Manocha has intensified, with his son Subrat now under police scrutiny. New evidence reveals that the alleged shooter made multiple calls to Subrat from a newly purchased SIM card. While Subrat's wife Shalu and two others are already arrested, police are examining call detail records and financial affairs to uncover Subrat's potential involvement in the conspiracy.
Nishu has won the 53kg category at the national selection trials, setting up a final bout against Asian Games-bound Antim Panghal for a spot in the Senior World Wrestling Championships. Other wrestlers like Kajal, Simran, Neelam, Tapsya, and Srishti also secured top positions in their respective weight categories, showcasing the depth of talent in Indian wrestling.
