The proposed arrangement would involve sub-assembly kits produced at Lockheed Martin's facility in Troy, Alabama, and guidance electronics units manufactured at Raytheon's facility in Tucson, Arizona, being shipped to India for final assembly and integration.
The opposition has intensified its criticism of the government's decision to impose a 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, effective October 15. Leaders like Rahul Gandhi and Jairam Ramesh allege the move is a result of US pressure, particularly from American card companies, and demand an immediate rollback, warning of increased costs for consumers.
The opposition has strongly criticised the government's decision to introduce a 0.4% Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000 for merchants, effective October 15. They allege the move is a result of US pressure and will lead to increased commodity prices, calling it a "betrayal" of the common man. The government, however, clarifies that customers will not be charged, and the MDR applies only to merchants for larger transactions.
The Enforcement Directorate (ED) Director, Rahul Navin, has issued directives to intensify action against Insolvency and Bankruptcy Code (IBC) frauds involving "large haircuts" and to address delays in police registering FIRs based on ED's requests. The agency also aims to fast-track high-profile trials under the Prevention of Money Laundering Act (PMLA) and enhance internal coordination and efficiency.
The Reserve Bank of India (RBI) has introduced new features for India's digital payment ecosystem, including UPI tap-to-pay for PIN-less transactions up to 5,000 and multi-currency capabilities for forex on Bharat Connect, supporting Euro, British Pound, and other major currencies.
Nasscom said while the visa programme has been used by companies to address the skill gap in the US by bringing in foreign employees, the number of H-1B employees from Indian companies have come down substantially over the last decade.
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.
Football legends Lionel Messi and Cristiano Ronaldo are set to play on the same team for the first time in Carlos Tevez's farewell match at Boca Juniors' La Bombonera in December.
The battle for the Trinamool Congress' name and election symbol is spilling into the Nandigram bypoll, with the rebel faction asking party supremo Mamata Banerjee to contest from there, promising not to field a candidate against her.
Jio Platforms Ltd, the digital services arm of Reliance Industries, has secured Sebi's final observation to launch an initial public offering (IPO) aiming to raise approximately USD 4 billion (Rs 37,700 crore), potentially making it the largest IPO in India's history.
Hockey India is embroiled in a significant internal dispute between President Dilip Tirkey and Secretary Bhola Nath Singh, primarily stemming from an unauthorised jersey colour change. An emergent Executive Board meeting has been called to address this conflict, discuss the restructuring of the Hockey India League (HIL) into a joint venture with franchises, finalise election dates, and deliberate on hosting Asian Champions Trophy events. The meeting also aims to address a show-cause notice issued to the Director General.
Hockey India is embroiled in a significant internal dispute between President Dilip Tirkey and Secretary Bhola Nath Singh, primarily over a controversial jersey colour change and the authority to call emergent meetings. An upcoming Executive Board meeting aims to address these differences, discuss the future of the Hockey India League (HIL) including its restructuring into a joint venture, finalise election dates, and deliberate on hosting Asian Champions Trophy events.
India's market regulator, Sebi, is set to issue a consultation paper proposing changes to the methodology for determining settlement prices of derivative contracts, following significant feedback and 'sharp price spikes and distortions' observed during the recently implemented Closing Auction Session (CAS) mechanism.
The All India Football Federation (AIFF) has announced that the 2026-27 Indian Football League (IFL) season will begin on October 30. Following a successful 2025-26 season with significantly increased viewership, the upcoming season will feature new regulations, including a limit of three foreign players on the pitch, and an expanded footprint with new venues in Nagaland and Odisha. Discussions also covered the IFL Charter, budget, and broadcast partnerships.
Ahead of President Vladimir Putin's visit to India for the BRICS summit, Russia has expressed support for New Delhi's peace initiatives to resolve the Ukraine conflict. Discussions between Putin and PM Modi will cover defence, energy, technology, and the repatriation of Indian nationals from the Russian military, alongside addressing trade and investment ties.
'The way the government behaves, sometimes I ask myself: Are not Tamils Sri Lankans too? Why do you discriminate so much?'
US President Donald Trump is expected to sign the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 later on Friday (local time). A White House official confirmed the development to ANI without revealing further details.
Russian President Vladimir Putin has arrived in India for a three-day visit to attend the BRICS summit and hold bilateral talks with Prime Minister Narendra Modi, focusing on expanding trade, investment, and energy cooperation amidst global geopolitical challenges.
Former chief selector and head coach Haroon Rasheed has attributed the decline of Pakistan cricket to the domestic structure changes implemented by former Prime Minister Imran Khan, who insisted on reducing first-class teams despite recommendations for a hybrid model.
The highlight of the successful BRICS Summit was its ability to deliver a joint statement that all members, including Iran and the United Arab Emirates, embroiled in the war in West Asia, signed.
In a major bureaucratic rejig, the Central government on Thursday promoted six 1995-batch Indian Police Service (IPS) officers holding senior ranks in different Central Armed Police Forces (CAPFs) and the Intelligence Bureau (IB).
Pakistan captain Fatima Sana has been fined 10 per cent of her match fee and received one demerit point for breaching the ICC Code of Conduct during the Women's Asia Cup match against India, after gesturing towards opener Shafali Verma upon her dismissal.
'He didn't touch upon the core questions raised by the nine employee associations.'
The Supreme Court has sought responses from the Union ministries of electronics and information technology and law and justice regarding a plea for safeguards for minors on social media. The NGO 'Just Rights for Children Alliance' filed the plea, arguing that social media platforms should not enter into contracts with children under 18, citing their statutory incapacity to contract and the risks of online harm.
The Odisha government has roped in IIT-Bhubaneswar to introduce a queue management system at the Jagannath Temple in Puri, including setting up wooden ramps for a clearer view of the deities, law minister Prithiviraj Harichandan said on Tuesday.
Chief Justice of India Surya Kant stated that while artificial intelligence (AI) can augment judicial reasoning, it cannot substitute judicial conscience, and a permanent apex body is proposed to supervise AI adoption and accountability within the judiciary.
Kanpur police are seeking 15 days' custody of Shalu, daughter-in-law of slain pharmaceutical trader Vineet Manocha, for intensive interrogation. Shalu is alleged to be the mastermind behind Manocha's brutal murder, having reportedly hired two men for Rs 6 lakh. Her husband, Subrat, also remains under scrutiny, with police examining call records and deleted messages to uncover the full conspiracy.
The Centre has spent 28 per cent of its FY27 capital expenditure budget of Rs 12.21 trillion in the first three months against around 24.5 per cent during the corresponding period a year ago.
The Belgian football federation (RBFA) will not support Gianni Infantino's re-election as FIFA president unless it receives satisfactory answers regarding the handling of the Folarin Balogun red-card case at the World Cup and other governance concerns.
Chinese President Xi Jinping is in New Delhi for the 18th BRICS Summit, where he is scheduled to hold bilateral talks with Prime Minister Narendra Modi. This visit, his first to India in nearly seven years, comes amidst efforts to normalise India-China relations following the 2020 Eastern Ladakh standoff and is expected to have significant implications for bilateral ties and BRICS cooperation.
TeamLease EdTech Founder and CEO Shantanu Rooj states that the AI-driven world transition is irreversible, with regulation and cost being crucial factors determining its speed and depth. He emphasizes that while AI will transform jobs, not eliminate them, continuous learning, domain expertise, and adaptability will be key for individuals and businesses to thrive in this evolving landscape. Rooj also highlights the need for universities to adapt their curricula to prepare a future-ready workforce.
Peptide parties are informal, invite-only social gatherings where biohackers, wellness enthusiasts, and fitness influencers meet to discuss, sample, or promote peptide-based products.
Maharashtra minister and Asian Cricket Council board member Adv. Ashish Shelar has been unanimously elected as the president of the E Sports Games Federation (ESGF) in India. Shelar, who also holds portfolios for Electronics, IT, AI, and Cultural Affairs, aims to enhance platforms, training, and opportunities for India's growing esports community, especially with the Indian team participating in the upcoming Asian Games.
Chinese President Xi Jinping addressed the BRICS summit, urging the bloc to play a significant role in achieving peace and tranquillity in West Asia and the Gulf region. He highlighted BRICS' growth over two decades, its efforts in tackling global challenges, and its steadfastness in safeguarding the interests of the Global South. Xi called for opposing the Cold War mentality, strengthening multilateralism, and promoting cooperation in emerging domains like AI, as China prepares to chair the next summit.
Prime Minister Narendra Modi and Russian President Vladimir Putin held extensive discussions to strengthen bilateral trade, defence, and energy cooperation, while also addressing the ongoing Ukraine conflict and exploring avenues for peace and resolution, with Modi reiterating India's call for dialogue and diplomacy.
The Indian Olympic Association (IOA) is poised to approve significant constitutional amendments to comply with the National Sports Governance Act 2025. These changes, already endorsed by the executive committee, will be formalised at a Special General Body Meeting. Key areas of reform include age and tenure guidelines for office bearers, which differ from the existing IOA rules, and a potential reduction in the Executive Committee's size. The General House will also discuss the upcoming December elections.
During the 18th BRICS Summit in New Delhi, Chinese President Xi Jinping and Prime Minister Narendra Modi held a bilateral meeting, outlining a four-point approach for the steady and long-term development of China-India relations. The leaders stressed strategic understanding, win-win cooperation, mutual respect, and inclusive multilateral engagement, reaffirming their commitment to resolving the boundary question and addressing economic concerns. They also discussed global challenges and strengthening people-to-people ties.
Andhra Pradesh Chief Minister N Chandrababu Naidu has approved the establishment of India's first dedicated Quantum and AI University campus in Amaravati by NIELIT. This significant project, funded by the MeitY, Government of India, will focus on advanced technologies like Quantum, AI, and Semiconductors, integrating education, research, and entrepreneurship.
August 2026 witnessed a significant surge in India's primary market, with 21 mainboard initial public offerings (IPOs) raising approximately 21,000 crore, marking the highest monthly deal count of the year, even as benchmark indices experienced declines.
Residents from three slum clusters near the Prime Minister's residence in New Delhi met Rahul Gandhi, seeking his intervention against their proposed relocation to Savda Ghevra. They claim the move, mandated by a Delhi High Court order, would severely disrupt their livelihoods, children's education, and access to essential services, despite the Centre citing defence infrastructure security as the reason for eviction.
