'India should not trade away its energy security for temporary tariff relief. Neither signing a trade agreement nor stopping Russian oil purchases can protect it from future US action.'
The Election Commission replaced the inspector-in-charge of Nandigram police station, Ajay Kumar Mishra, with Debashis Sarkar a day before the bypoll, following complaints from opposition parties alleging Mishra's closeness to the ruling party. This move comes amidst heightened political scrutiny and concerns raised by opposition leaders regarding the fairness of the election process in Nandigram, a constituency with significant political history in West Bengal.
Olympic gold medalist Abhinav Bindra congratulated Indian athletes for their Asian Games performance but stressed the critical need to enhance the country's high-performance sports ecosystem. He highlighted the urgency required for preparations, with the Los Angeles Olympics less than two years away, advocating for robust systems that support athletes from early stages to build resilience and ensure timely expert intervention.
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 United Arab Emirates (UAE) has expressed intent to invest an additional $25 billion in India, with an ultimate goal of reaching $100 billion in investments, Union Minister Piyush Goyal announced. This comes as both nations plan to enhance cooperation in shipping, ports, energy, and emerging technologies, against a backdrop of expanding bilateral trade.
Imran Ahmed Khan, who studied at the Government College of Engineering, Amravati (2002 batch) and is currently employed with Aramco, had this advice to share with today's students.
India is closely monitoring the health of Captain Smit Machchhar, an Indian pilot who bravely saved a flydubai flight despite being stabbed by his co-pilot. Machchhar, initially treated in Saudi Arabia, has been moved to Abu Dhabi for further medical care, with Indian diplomatic missions providing full support.
Olympic gold medallist Abhinav Bindra congratulated Indian athletes and support teams for their Asian Games campaign, emphasizing the hard work involved. He praised breakthrough achievements while calling for honest analysis of setbacks and stronger long-term high-performance systems, urging urgent preparation for the Los Angeles Olympics.
India is strategically positioned to develop a robust domestic semiconductor ecosystem, driven by increasing electronics consumption, strong government support through incentives, and a global shift in supply chains. Boston Consulting Group Managing Director Ankush Wadhera highlights India's potential as a safe haven for investments, with the AI boom further fuelling demand for advanced chips. The nation aims to expand its capabilities across the entire semiconductor value chain, attracting significant global and domestic investments.
Assam Chief Minister Himanta Biswa Sarma launched the North East Seva Innovation Challenge (NESFIC), envisioning the region as India's 'living laboratory' for technology and problem-solving. The initiative aims to empower young innovators to address real-world challenges faced by government, industries, and citizens, with a focus on practical implementation and government procurement.
Mahindra & Mahindra is contemplating another price increase across its SUV portfolio in response to recent commodity price surges, with a decision expected within the next two weeks, according to Nalinikanth Gollagunta, CEO Automotive Division, Mahindra Group.
Shiv Sena (UBT) chief Uddhav Thackeray accused Chief Election Commissioner Gyanesh Kumar of acting as a 'weapon' for the ruling BJP, while MNS leader Raj Thackeray demanded the cancellation of Maharashtra's Special Intensive Revision (SIR) of electoral rolls, amidst a large protest march in Mumbai.
Supreme Court Justice Dipankar Datta has strongly criticised the 2023 law for selecting the Chief Election Commissioner and election commissioners, arguing that the executive's dominant role in the selection committee creates a 'shadow of doubt' over the Election Commission's independence, even if appointments are meritorious.
A career break does not erase the experience that came before it. But the labour market can act as though it does. The more women invest in building professional careers, the more costly an interruption can become. How, then, do we enable women to make a comeback? Whose responsibility is it? asks Radha Roy Biswas.
Leading African football administrators have publicly expressed their support for FIFA President Gianni Infantino, offering him crucial backing ahead of next March's presidential election, despite his recent decision to abandon a controversial plan to sell a stake in future World Cup revenue.
'I don't think the government will sacrifice such a fine institution for monetary gains.'
India's foreign trap shooting coach, Peter Wilson, has voiced his disappointment over the exclusion of World Championship bronze medallist Zorawar Singh from the Asian Games squad. Wilson highlighted Zorawar's calibre and the "great shame" of his omission, attributing it largely to the National Rifle Association of India's (NRAI) selection policy which prioritises domestic trials over international results. He also addressed the Indian shotgun team's recent poor World Cup performances and discussed the need for systemic changes to improve access to shotgun shooting in India.
'Separate needs from wants and minimise discretionary spending.'
RBI Deputy Governor Rohit Jain highlighted that banks are well-positioned to deploy $133 billion mobilised through FCNR(B) deposits, especially with strong credit demand ahead of the festival season, while also stressing the importance of robust technology governance and cyber defences in the financial sector.
A Supreme Court bench of Justices Dipankar Datta and Satish Chandra Sharma has given split opinions on whether pleas challenging the 2023 law for appointing the Chief Election Commissioner and Election Commissioners should be referred to a larger Constitution bench, citing a difference in views on the law's constitutional validity and the executive's role in selections.
'I thought this generation was no good, will not be able to do much with all this social media etc. But then, they surprised us.'
India-US ties may be strained, but abandoning the relationship is not the answer; India must deal with Washington firmly without becoming either servile or hostile, asserts Ambassador T P Sreenivasan.
India's Chief Economic Advisor V Anantha Nageswaran stated that the country's balance of payments (BoP) pressure is expected to remain a continuous challenge due to rising imports, commodity dependence, high global interest rates, and intense competition for capital.
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.
Industry is pushing for GST reforms that would let companies use unused tax credits from one state to pay GST liabilities in another, potentially freeing up working capital trapped across state registrations.
J R D Tata, chairman of the Tata group from 1938 to 1991, said that whenever he had to make a difficult decision, he would ask himself, what will be good for India, and what will be good for the Tatas. If he had a doubt, he would decide in favour of India. In the long run, it would turn out well for the Tatas too, he said, points out Arun Maira.
'The way the government behaves, sometimes I ask myself: Are not Tamils Sri Lankans too? Why do you discriminate so much?'
The UK has announced a comprehensive sanctions regime against Israeli settlements in the West Bank, banning the import of goods and targeting entities involved in settlement expansion. Foreign Secretary Ed Miliband condemned the "ethnic cleansing of Palestinians" and highlighted international support for the UK's stance, while Israel reacted strongly with counter-measures.
'Election Commissioners are Constitutional authorities and they are not supposed to go to the Cabinet secretary. They are not supposed to write letters. And if they are aggrieved, they should straight go to the President of India.'
The Indian government has made Bureau of Indian Standards (BIS) certification compulsory for smartphone screen protectors, effective April 1, 2027. This move aims to ensure product quality, curb low-quality imports, and significantly boost domestic manufacturing, creating a substantial industry and job opportunities.
The GST Council is set to discuss the application of GST on merchant fees for UPI transactions exceeding Rs 2,000. This comes as a new Merchant Discount Rate (MDR) of 0.4% (capped at Rs 300) is effective from October 15 for such transactions, which, as a service, would typically attract an 18% GST levy. The Council's decision is anticipated to consider consumer interests, with merchants potentially able to claim Input Tax Credit.
Prime Minister Narendra Modi lauded Captain Smit Machchaar for his exceptional bravery in foiling an alleged attempt by his co-pilot to crash an Israel-bound flydubai flight. Modi spoke to Machchaar and his family, expressing pride in his heroic actions that saved hundreds of lives. The incident involved a sharp descent and diversion of the flight, with Israeli PM Benjamin Netanyahu also acknowledging Machchaar's courage.
Merchants will be subject to an 18 per cent Goods and Services Tax (GST) on the Merchant Discount Rate (MDR) for UPI payments exceeding Rs 2,000, but can mitigate this burden by claiming input tax credit (ITC), according to tax experts.
Rohit Rajpal, India's Davis Cup captain, has hinted at stepping down from his role despite his contract running until 2026, stating that "every good thing comes to an end." He expressed readiness to ensure a smooth transition for his successor and believes a new captain could offer fresh perspectives. Rajpal also outlined his vision for Indian tennis, which includes a player-centric approach and a bid for the AITA presidency, aiming to develop talent and bring major international tournaments back to India.
The Bombay High Court has issued a complete ban on bursting firecrackers on public roads and deemed the use of loudspeakers, DJs, and laser beams during religious processions "unwarranted." The court emphasized that festivals must be celebrated without causing noise and air pollution, highlighting the need for strict enforcement of existing regulations.
India's exports saw a significant increase of 26.12 per cent to USD 43.81 billion in August, leading to a narrowed trade deficit of USD 26.86 billion, driven by strong demand from key global markets and diverse sectors.
The British government has announced the rollout of specialist courts for rape and serious sex offences across England and Wales. Backed by significant funding, these courts aim to accelerate conviction rates, prioritise cases, and provide better support for victims, addressing the current low prosecution rates and long delays in the justice system.
75% of India's 60 million digital-payment merchants have never recorded a transaction above 2,000.
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.
Police in Ujjain, Madhya Pradesh, used tear gas to disperse protesters demonstrating against the proposed demolition of a portion of the Shahi Masjid for a road-widening project. The project is aimed at easing pilgrim movement for Simhastha Kumbh 2028, and despite initial protests, local authorities and the city Qazi claim the issue was resolved through mutual consent, with the Chief Minister also setting an example by demolishing part of his ancestral home.
