Civil Aviation Minister K Rammohan Naidu announced that the government will not impose a cap on airfares during the upcoming festive season. Instead, airlines will be advised to maintain reasonable prices, considering the rising operating costs primarily due to increased Aviation Turbine Fuel (ATF) prices, exacerbated by the West Asia crisis.
India's domestic air passenger traffic experienced a 6.34 per cent year-on-year decline in August, reaching 121.26 lakh passengers, according to data released by the Directorate General of Civil Aviation (DGCA).
A special court in Mumbai has sentenced a 32-year-old man to six months rigorous imprisonment for making derogatory remarks against Dr B R Ambedkar and hurling casteist slurs at an advocate. The court rejected the defence's argument about lack of independent witnesses, noting the incident occurred in public view.
The Reserve Bank of India (RBI) has endorsed the introduction of a Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000, effective October 15. This move, which levies a 0.4 per cent fee on merchant payments above the threshold, aims to bolster the long-term sustainability and growth of India's digital payments ecosystem. The RBI clarified that person-to-person (P2P) transactions and small person-to-merchant (P2M) payments below Rs 2,000 will remain free for users, ensuring no direct charge on customers.
Former Chief Election Commissioners have voiced strong objections to reported 'illegal' changes in voter registration Form 6 and the centralisation of electoral roll control, raising serious concerns about the integrity of future elections.
The Japan Cricket Association (JCA) is set to host its first-ever T20I against reigning world champions India, a landmark event expected to significantly elevate cricket's profile and drive its long-term growth in Japan, according to JCA COO Alan Curr.
President Droupadi Murmu extended her congratulations to Indian athletes, including Mirabai Chanu, for their impressive medal-winning performances on Day 4 of the Asian Games in Aichi-Nagoya, Japan. She highlighted significant achievements such as Chanu's silver in weightlifting, ending a 28-year drought, and historic bronze medals in shooting and soft tennis.
Indian chess teams, both Open and Women's, face a significant challenge to defend their Chess Olympiad titles in Samarkand, Uzbekistan, after crucial losses and a historical 'winner's curse' where no Open section champion has successfully defended their title in the last five editions.
Former Gujarat University Vice Chancellor Neerja Gupta resigned as Principal Investigator for the PMJVK scheme and returned over Rs 14 crore to the university. This comes amidst allegations of financial irregularities and a multi-crore rupee scam by the NSUI, which also led to the suspension of 10 temporary appointees made by Gupta. An audit is pending for the remaining Rs 2 crore.
KPMG in India CEO Yezdi Nagporewalla expressed concern over the high valuations of global AI companies, deeming them unsustainable. He believes India, despite a late start, has a strong chance to develop its own unique Local Language Models due to its robust tech ecosystem and global capability centres.
The article details a history of internal disagreements among Election Commissioners in India, highlighting instances from 1993 to the present, including clashes between CECs and commissioners over various issues like removal recommendations, dissent notes, and affidavits, culminating in recent objections regarding voter list revisions.
India needs to move beyond ease and cost of doing business and focus on the "speed of doing business" as the next leg of reforms to sustain economic growth and private investment, Confederation of Indian Industry (CII) President R Mukundan said.
The Indian Women's A team lost a close encounter to their Australian counterparts in the second unofficial ODI, despite a magnificent century from Yastika Bhatia. Australia successfully chased down a formidable target of 339, levelling the series 1-1.
Congress leader Shashi Tharoor has once again introduced a rare English word, "quockerwodger," to social media, defining it as a "political puppet." He used the term to criticise the ruling party, suggesting they have "spawned a few of these." Tharoor has a history of using obscure words like 'allodoxaphobia', 'farrago', and 'troglodyte' to make political points and engage social media users.
Dig into the prospectus. Use the prospectus to understand the business and its risks.
Infosys Senior Vice President Vikram Meghal stated that India is experiencing a significant demand window in the semiconductor market and must evolve from merely engineering products to inventing complete systems. He highlighted the massive shifts driven by AI and supply chain challenges, urging a focus on "Invent in India" to capture higher value and leverage decades of investment in the ecosystem.
IIT Madras has inaugurated a new state-of-the-art robotics laboratory, established with CSR support from Bechtel India. This collaboration aims to accelerate research, innovation, and industry applications in robotics and automation, specifically for the construction and infrastructure sectors, fostering advanced technological solutions and workforce development.
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.
The Asian Games shooting range in Nagoya has implemented a strict dress code for photographers and TV cameramen, leading to some confusion among media personnel. While the International Shooting Sport Federation (ISSF) has long had such rules, the Aichi-Nagoya Asian Games Organising Committee has made them exceptionally clear, even requiring a video journalist to change from blue to black jeans. The rules aim to maintain a professional appearance and distinguish shooting as a sport, reflecting Japan's meticulous approach to event organisation.
French football superstar Kylian Mbappe has ended his long-standing partnership with Nike to join the rapidly expanding Swiss sportswear brand On, a move that provides On with a high-profile figure for its entry into football and marks another significant defection for the US giant.
China's communist party has expelled two senior military officials, including General Zhang Youxia, the highest-ranking People's Liberation Army officer, for serious discipline and law violations.
Hindustan Aeronautics Limited (HAL) and Safran Aircraft Engines have signed a long-term agreement for the production and supply of turbine ring forgings for the CFM LEAP engine programme. This multi-year contract, signed at the Farnborough International Airshow, will see HAL manufacture critical superalloy components at its Bengaluru facility, enhancing India's capabilities in advanced aerospace manufacturing and expanding its presence in the international civil aerospace market.
Saudi Arabia's East-West pipeline shutdown could make crude costlier for India as refiners face fewer supply routes and rising freight and insurance costs.
Shapoorji Pallonji Mistry's statement will be watched closely against the backdrop of the listing battle as well as the Tata leadership contest, with veto votes being cast over the reappointment of N Chandrasekaran as chairman of Tata Sons for a third term.
External Affairs Minister S Jaishankar met US Secretary of State Marco Rubio on the sidelines of the UN General Assembly session in New York. India raised its concerns regarding the recently signed "Lindsey O. Graham Sanctioning Russia and Iran Act of 2026," which authorises tariffs on countries buying Russian oil and gas. Both leaders also discussed bilateral relations, regional priorities, and the situations in the Gulf and Ukraine.
The Congress party has strongly criticised the Modi government's decision to introduce a 0.4% Merchant Discount Rate (MDR) on UPI transactions over Rs 2,000, alleging it is a result of US pressure to benefit American card companies. The party also linked this move to broader US actions against India, including tariffs and H-1B visa issues, coining the term "Narendra's Ongoing Trump Appeasement." The government, however, clarified that consumers will not bear the charge, which applies only to merchants.
An Home Loan Protection Plan repays the outstanding loan if the borrower dies or suffers a covered disability.
The Indian Super League (ISL) has appointed Karan Yadav, former Chief Commercial Officer of JSW Sports, as its new CEO. He will lead the league under a new club-led model, focusing on strategic direction, commercial growth, and strengthening stakeholder relationships, while clubs will hold commercial rights and AIFF will maintain administrative oversight.
Madhya Pradesh BJP MLA Usha Thakur has sparked controversy by claiming that 4.5 lakh girls elope with non-Hindu men during Garba celebrations annually, leading to demographic change. She advocated banning non-Hindus from Garba pandals, a stance supported by the VHP, which suggests Aadhaar checks to prevent "love jihad." The Congress has condemned her remarks, demanding an apology, and highlighted similar controversial statements from another BJP MLA.
Tata Trusts, the majority shareholder of Tata Sons, has stated its firm opposition to the holding company's public listing, revealing that the Tata Sons board will meet again to explore all available alternatives to listing.
HDFC Bank has submitted two names to the Reserve Bank of India for the managing director and chief executive position, following incumbent Sashidhar Jagdishan's decision not to seek reappointment. The bank also announced board changes, increasing whole-time directors to four and appointing Jimmy Tata as an executive director. This move comes as Jagdishan's term ends in October, creating a tight timeline for succession.
Prime Minister Narendra Modi, in bilateral talks with Chinese President Xi Jinping, emphasized that both nations must show sensitivity to each other's core issues and be guided by mutual respect, sensitivity, and interest. Modi highlighted the critical importance of peace and tranquillity along the Line of Actual Control for the development of India-China relations, while also addressing concerns regarding Taiwan and Tibet.
India head coach Gautam Gambhir revealed that dropping Sanju Samson from the England tour was his toughest decision, despite Samson being the Player of the Tournament in the T20 World Cup. Gambhir explained that while Samson was temporarily replaced by Vaibhav Sooryavanshi, the team prioritised returning to their established World Cup-winning combination. He also addressed the issue of player injuries and the challenge of Shubman Gill not having a full-strength team, emphasising the importance of long-term performance and providing opportunities for new talent.
Used-car financing has seen significant growth, but borrowers must be aware of higher interest rates, conservative loan-to-value ratios, shorter tenures, and the risk of owing more than the car's depreciated value. Understanding these factors is crucial for making informed decisions.
'Ultimately, banks are a channel for people to get some long-term return, and this means banks need to adjust their asset-liability mismatch.' 'Customers also need long-term deposits, say those of three-five years. How would they get them if returns on those deposits do not climb?' 'Otherwise, on fixed deposits, a senior citizen doesn't get anything.'
Two IIT Gandhinagar students have developed "TrustGate," an AI-based cybersecurity system designed to protect critical infrastructure like water treatment plants and power grids. The system uniquely combines network traffic and physical sensor data to detect sophisticated cyber attacks, identify affected equipment, and provide real-time alerts to operators, earning them an international award.
The Union Home Ministry has issued a stern advisory to states and Union Territories, highlighting a "dangerous trend" of human trafficking through "overseas recruitment scams." These scams lure victims with promises of high-paying jobs abroad, only to trap them in "CyberFraud Centres." The ministry has called for a "specialised offensive" involving various state agencies to combat this growing menace, emphasising strict enforcement, agency verification, and public awareness.
The reigning champions Indian men's chess team suffered a significant 1.5-2.5 defeat against Uzbekistan in the sixth round of the 46th Chess Olympiad, losing their lead. While key players like Praggnanandhaa, Erigaisi, and Gukesh drew their matches, Nihal Sarin's loss to Nodirbek Yakubboev proved decisive. This setback leaves the Indian men needing a strong comeback, while the Indian women's team showed promise against the USA.
Comedian Pranit More has approached the Supreme Court to club multiple FIRs filed against him after a guest on his show made a controversial "Rs 370 biryani" remark, deemed misogynistic. More's counsel informed the court that he has apologised on all forums, including the National Commission for Women, and the apex court has sought notices from the Centre and state governments.
A CNN reporter was denied entry to the White House and had her press pass seized on Saturday (local time), as the Trump administration began enforcing President Donald Trump's announced ban on CNN, MS NOW and Politico from the White House premises.
