Airtel Business CEO Sharat Sinha stated that evolving architecture and methodologies for safely deploying Artificial Intelligence, coupled with adequate guardrails, are essential to unlock productivity gains. He welcomed the government's upcoming consultation paper on AI regulation, focusing on safety, deepfakes, and a human-first approach. Sinha also highlighted AI's role in driving demand for digital infrastructure and Airtel's growth in cybersecurity and fraud prevention.
A trade body in Jharkhand, FJCCI, has urged the Union Finance Minister to withdraw the proposed 0.4% Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000 for merchants. The body argues that this charge will significantly increase operating costs for businesses, especially MSMEs and retailers, who rely on the current zero-MDR regime for digital payments.
Industry leaders at an AIMA panel discussion emphasised the need for businesses to quickly adapt to changing market conditions and invest in technologies like artificial intelligence to build resilience and achieve long-term growth. They highlighted the current era of uncertainty driven by geopolitical tensions, supply chain disruptions, and rapid regulatory changes, stressing that tactical responses are as crucial as long-term strategy.
Trade and business associations across India are organising a 'No UPI Day' on October 2 to protest the upcoming 0.4 per cent merchant discount rate (MDR) on Unified Payments Interface (UPI) transactions exceeding 2,000, effective from October 15.
The last major business daily to launch in India was Financial Chronicle in April 2008, preceded by Mint on February 1, 2007.
75% of India's 60 million digital-payment merchants have never recorded a transaction above 2,000.
The Maharashtra Food and Drug Administration (FDA) has suspended the food licences of five outlets at the Mumbai Cricket Association (MCA) premises over the alleged violation of food safety norms, flagging deficiencies in food handling, storage, refrigeration and sanitation.
Anti-drug activist Parvinder Singh Jhota was shot dead in Mansa, Punjab, on Tuesday. Preliminary police investigation suggests personal enmity as the motive, with a medical store owner, Ashwani Kumar, identified as the main accused. Police are conducting a manhunt for Kumar, whose associate has been arrested and family members detained. The murder has led to protests and vandalism.
Ghaziabad police arrested three individuals, including a woman, for allegedly attempting to extort Rs 10 crore from a local builder. The accused were former business associates and employees of the victim.
The All India Mobile Retailers Association (AIMRA) has announced a nationwide 'No UPI Day' protest on October 2 against the proposed 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000. Retailers argue that this charge will burden small businesses and impact their already thin profit margins, urging policymakers to withdraw the proposal.
The Delhi Police have designated three new venues for protests - Burari Ground, CBD Ground, and Ramlila Ground - after denotifying Jantar Mantar. These sites vary in size and location, with concerns raised about the impact of protests on commercial and residential areas near CBD Ground, while Burari Ground is the largest. Ramlila Maidan has a rich political history.
Cockroach Janta Party founder Abhijeet Dipke has called for a 'tiranga march' in Delhi's Central Park on Friday, October 16, after two CJP members, Saurav Das and Ashutosh Ranka, were jailed for allegedly unfurling the national flag and protesting at Jantar Mantar. Dipke asserts that waving the tricolour is not a crime and encourages nationwide marches.
Trinamool Congress chief Mamata Banerjee, AAP national convenor Arvind Kejriwal, and several other opposition leaders were detained by Delhi Police during protests against Chief Election Commissioner Gyanesh Kumar and the Special Intensive Revision (SIR) of electoral rolls.
Senior BJP leader Rana Gurmit Singh has criticised the AAP government in Punjab following the murder of anti-drug activist Parvinder Singh alias Jhota in Mansa. Singh accused the government of failing to maintain law and order and questioned its commitment to fighting the drug menace, warning of protests.
A Shiv Sena youth leader, Siddhesh Abhange, was allegedly assaulted inside Kopri Police Station in Thane over a monetary dispute with women involved in the textile business. The incident caused brief tension, and police are investigating, recording statements, and registering an FIR.
Real Madrid has defended its players' right to hold differing opinions after Kylian Mbappe and Vinicius Jr. obscured a solidarity message for the people of Ceuta on their shirts before a LaLiga match, an act that sparked controversy.
ideaForge Technology has received an order from the Survey of India for its Q6 V2 unmanned aerial vehicles. These advanced, DFCA-certified drones will enhance the Survey of India's ability to collect high-quality aerial and geospatial data for surveying and mapping across diverse terrains, offering efficient and rapid deployment for large-scale projects.
Public anger erupted in Mansa, Punjab, following the murder of anti-drug activist Parvinder Singh alias Jotha. Authorities demolished a portion of the accused medical store owner's house, while mobs set his shop ablaze. Jotha was shot on Tuesday after confronting the owner about selling addictive drugs, leading to widespread condemnation and protests.
Seven of them posted losses, led by Air India, with their combined net loss widening to Rs 31,823 crore in FY26 from Rs 17,553 crore a year earlier and Rs 1,555 crore in FY20.
FIFA has accused UEFA of waging a 'misinformation campaign' and attempting to influence its upcoming presidential election, urging a US court to reject a discovery request related to a controversial, now-abandoned investment proposal for World Cup commercial rights.
Golf superstar Rory McIlroy has announced a multi-year partnership with global logistics company DP World. The collaboration will see DP World transport McIlroy's personalised fitness and recovery facilities across his PGA Tour and DP World Tour schedules, ensuring consistent training environments worldwide. This initiative highlights DP World's expertise in complex logistics and makes McIlroy a global ambassador for the company.
Punjab Chief Minister Bhagwant Mann has promised stringent action against those responsible for the murder of anti-drug activist Parvinder Singh alias Jhota in Mansa, where tensions are high following the killing, protests, and demolition of the accused's house. Mann reiterated the government's zero-tolerance policy on drugs and assured a thorough investigation into the incident and any conspiracy behind it.
A textile company director in Thane was allegedly defrauded of Rs 20.58 crore by five individuals who promised to secure loans for factory expansion and government uniform supply contracts. The accused reportedly misused financial documents and misappropriated funds.
Opposition leaders, including Rahul Gandhi and members of the INDIA bloc, have strongly condemned the arrest and jailing of Cockroach Janta Party (CJP) co-conveners Saurav Das and Ashutosh Ranka for protesting at Jantar Mantar, asserting that waving the national flag and peaceful protest are not crimes.
Fake web sites, counterfeit goods, bogus delivery charges and fraudulent customer support agents are common warning signs.
Automobile dealers in India are reporting healthy bookings ahead of Navratri and Dussehra, with the Federation of Automobile Dealers Associations (Fada) indicating strong confidence in a pickup in deliveries from mid-October, despite a high base from last year's GST-led surge.
American singer Mary Millben has become a prominent figure in Indian political discourse due to her outspoken support for Prime Minister Narendra Modi, using social media to defend him against critics and appeal to young Indians, despite her musical career being less known in the country.
Equity mutual fund schemes recorded a net inflow of Rs 38,306 crore in September, a 31 per cent increase from the previous month, driven by strong investor interest in mid-cap and small-cap funds despite stock market volatility and foreign portfolio investor (FPI) sell-offs.
How India's Jumbo King Is Taking On McDonalds And Burger King Without Selling Chicken Burgers.
IBM India and South Asia MD Sandip Patel states that technology, especially AI, should not be "artificially paused." He advocates for vigilance and proactive governance to foster innovation while addressing potential risks. Patel also highlights IBM's India-specific initiatives like Bharat Core and a sovereign AI stack, and discusses the impact of AI on jobs and global supply chains.
An IPO can create excitement, particularly when you see a new issue attracting strong interest from investors. But popularity alone does not make an IPO suitable for every investor. Before you apply, it's crucial to scrutinise the financial performance, risk profile, and valuation of the company. Ultimately, your objective should be choosing a company that aligns with your financial goals.
Anti-drug activist Parvinder Singh Jhota was murdered in Mansa, Punjab, leading to the arrest of the accused medical store owner, Ashwani Kumar, from Rajasthan. The incident sparked widespread public anger, resulting in the burning of Kumar's shop and the demolition of part of his house. Jhota's father has called for a Punjab bandh on Thursday, receiving support from various political parties and unions, while the state grapples with a political slugfest over law and order.
Delhi Police arrested Sanju Mishra alias Tuntun Mishra from Ranchi, Jharkhand, in connection with a financial cheating case. Mishra, who runs a power tools business, is accused of fraud involving his business partner, Anup Garg. An FIR was registered in Delhi, and his bail plea was rejected by the Delhi High Court. Police are investigating his bank accounts and the fraud's modus operandi.
An anti-drug activist, Parvinder Singh alias Jhota, was allegedly shot dead by a medical store owner in Mansa, Punjab, after confronting the owner about the illegal sale of intoxicating substances.
A national shotgun coach, involved in India's Asian Games preparations, is under scrutiny by the Sports Authority of India (SAI) for alleged conflict of interest. The complaint, filed by an unsuccessful bidder, concerns the coach reportedly seeking a contract to build a shooting range in Chennai. This probe could impact the coach's participation in the upcoming Asian Games, while the NRAI states it has no knowledge of such activities.
Researchers from Goa Institute of Management (GIM) and Goa Business School conducted a study analysing over 1.31 lakh posts on social media platform X using machine learning models. They found that indirect aggression is most common during major social, financial, sporting, and political events in India. The study classified aggression into overt, covert, and non-aggressive forms, noting that overt aggression remained relatively low but peaked during events like India's T20 World Cup loss. The findings have significant implications for online moderation and communication policies.
Atomic Energy Commission Chairman Ajit Kumar Mohanty announced that India's private sector is projected to invest Rs 7.5 lakh crore and contribute 30 GW towards the nation's goal of achieving 100 GW nuclear power capacity by 2047. This marks a significant policy shift, facilitated by the SHANTI Act, encouraging private participation in nuclear energy beyond the traditional public sector model. The country is also exploring Small Modular Reactors (SMRs) for industrial needs and advancing its three-stage nuclear power programme, leveraging its substantial thorium reserves.
A national study of top 75 Indian B-schools reveals a significant competency gap in AI skills among management graduates, with industry expectations far exceeding current MBA capabilities. A new framework by AIMS, EPSI, and IMC highlights the urgent need for management education to adapt to an AI-led workplace, emphasizing behavioural competencies alongside data fluency.
When it pretends to be deaf, a situation can snowball into something it cannot contain. The government cannot dismiss public anger merely because protests are inconvenient or politically embarrassing, asserts Ramesh Menon.
The Insurance Regulatory and Development Authority of India (Irdai) has proposed a phased reduction in the expenses of management (EoM) limits for insurers, aiming to lower the overall cost of insurance and enhance returns for policyholders. The proposals also include a new framework for commissions, stricter measures against mis-selling, and mandatory cost audits.
