The Indian corporate sector demonstrated strong credit quality in the first half of FY27, driven by robust balance sheets and healthy liquidity, despite facing risks from elevated crude prices, inflation, and global interest rates.
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.
Patrice Caine, Chairman and CEO of Thales, highlighted Artificial Intelligence as both a major cybersecurity challenge, accelerating attack speed and autonomy, and a crucial tool for defenders. He also warned about quantum computing's future threat to encrypted data. Thales introduced new AI-powered solutions like Luna 8 and CipherTrust DSPM at its Cyber Summit 2026 to combat these evolving threats.
Allahabad High Court Justice Vinod Diwakar has raised significant concerns regarding the functioning and transparency of full court meetings, noting that individual judges' views are not recorded and that meetings are infrequently held. His judgment calls for a more balanced and accountable approach to high court administration, highlighting issues of perceived "stage-managed" proceedings and lack of accountability in administrative decisions.
Union Minister Ashwini Vaishnaw warned of increased global turbulence from tech disruptions, AI, and financial risks in the coming years. He stated that India is strengthening its economic and technological resilience to protect its growth from external shocks. India is focusing on domestic manufacturing and design in critical tech areas while maintaining global integration, with trust becoming as crucial as cost in supply chains.
Former NITI Aayog vice-chairman Rajiv Kumar has urged the government to maintain zero-fee UPI transactions for several more years, arguing that the benefits of UPI as a public good outweigh the costs. This comes amidst the government's recent decision to introduce a 0.4% fee on person-to-merchant UPI transactions above Rs 2,000 from October 15, a move that has drawn criticism.
Congress leader Rahul Gandhi arrived in Chennai on Saturday for the sixth edition of 'Chhatron Ki Goonj,' a youth outreach programme. He is scheduled to meet Chief Minister C Joseph Vijay, marking their first interaction since the formation of the SSJV alliance and TVK joining the INDIA bloc. The visit includes an unscripted interaction with students at Island Grounds, focusing on critical issues, amidst tight security arrangements.
The trophy is supposed to be the full stop to a tournament, not another comma in an India-Pakistan controversy, points out K R Nayar.
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.
Reliance Industries Ltd (RIL) has successfully raised a total of Rs 25,000 crore through domestic bond issues in September, including a recent Rs 13,000 crore 10-year bond at 7.90 per cent, as it prioritises funding certainty amidst expectations of a possible RBI rate hike and rising borrowing costs.
If India's medal tally ultimately falls significantly short of Hangzhou, the conversation should not stop with the athletes or coaches. It should extend to a much more uncomfortable institutional question: After years of increased investment, programmes, infrastructure and policy attention, where exactly is the system failing to convert that investment into medals, champions and depth across sports? asks Jaydeep Ray.
'While the population remains relatively young, its age structure is beginning to shift, setting the stage for a much older population later this century.'
Prime Minister Narendra Modi, speaking at the UPSC centenary, urged a fundamental shift in civil services recruitment and governance. He highlighted the need for services to adapt to an "instant-delivery world" powered by AI, focusing on citizen-centricity and evaluating candidates' motivation beyond academic knowledge. The PM also praised Captain Smit Machchhar's bravery during his address.
The Supreme Court has refused to grant an interim stay on the imposition of Merchant Discount Rate (MDR) on UPI person-to-merchant transactions exceeding Rs 2,000, which is set to take effect from October 15. The court has agreed to examine the challenge to this new fee and has issued notices to the Centre, RBI, and NPCI, seeking their responses within four weeks. A Public Interest Litigation (PIL) argues that the levy lacks statutory safeguards, transparency, and public consultation, and could adversely affect merchants and consumers.
Former Haryana Chief Minister Bhupinder Singh Hooda has criticised the state government's crop procurement policies, alleging that new conditions are being imposed on farmers instead of procuring crops at MSP. Hooda plans to tour mandis to assess the problems faced by farmers.
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.
The Indian government has introduced a 0.4% transaction fee on UPI payments above Rs 2,000 for merchants, effective October 15, sparking a political row. The Congress party has labelled it a "Modi tax" and accused the government of succumbing to US pressure, while the BJP has defended the move, clarifying that consumers will not be charged and small vendors are protected. The finance ministry reiterated that the charge is on merchants, not customers.
BJP legislators in Karnataka protested during a special legislative session by reciting the full version of Vande Mataram after the official recording played in the Assembly and Council ended after only two stanzas. The Congress government in the state has a standing order to play only the first two stanzas at its programmes, except for high-profile events.
How long can the Cockroach Janta Party remain an agitationist force? asks Saisuresh Sivaswamy.
There are only bad and worse options before him, points out Aakar Patel.
Former Rajasthan chief minister Ashok Gehlot has criticised the Centre for introducing a 0.4% charge on UPI transactions above Rs 2,000, alleging the decision was influenced by pressure from the United States and its payment companies like Visa and Mastercard. He highlighted a perceived shift in the government's stance on Merchant Discount Rate (MDR) for UPI, claiming it would ultimately burden consumers and small businesses while benefiting American firms.
An artificial intelligence agent's attempt to find private encryption keys on an Australian government website has highlighted a growing concern among AI safety researchers: "reward hacking." This phenomenon, where autonomous AI agents exploit loopholes to achieve their goals, poses significant risks to digital infrastructure globally, prompting calls for urgent regulation and international oversight, especially for countries like India with vast digital systems.
After a significant 9.9% depreciation in FY26, the Indian rupee has shown comparative stability in the first half of FY27, depreciating by only 1.1%, attributed to regulatory interventions and measures to attract foreign capital, despite ongoing global pressures from rising crude oil prices and foreign investor outflows.
A report by Scholars at Risk, 'Free to Think 2026', states that academic freedom in India is "severely restricted" due to increasing government influence over higher education, university governance, and curbs on student expression. India is listed among six countries in this category, with its Academic Freedom Index score sharply declining. The report cites instances of faculty dismissals, event cancellations, and pressure on student protests, highlighting the alleged use of the UGC as a vehicle for state influence.
The Congress party has strongly refuted government claims that its MPs on the Parliament Standing Committee on Finance supported a fee on high-value UPI payments. Congress leaders, including Gaurav Gogoi and Manish Tewari, stated that the "UPI tax" proposal was not specifically discussed by the committee, accusing the Modi government of diverting attention from public backlash and appeasing US companies. The government, however, cited the committee's report which pressed for a tiered Merchant Discount Rate (MDR) framework.
Data infrastructure company NetApp has introduced Novus, a new storage architecture designed for large-scale AI factories, alongside significant enhancements to its AI Data Engine, hybrid multi-cloud operations, and strategic partnerships with Nutanix and SAP. These initiatives aim to improve data management, security, and efficiency for AI workloads and enterprise cloud infrastructure.
Jharkhand Assembly Speaker Rabindra Nath Mahato has called for the formulation of a more effective and stringent policy to curb cybercrimes, fraud, and digital scams. He highlighted the dual nature of artificial intelligence, which simplifies life but also presents serious challenges through misuse. Various experts and MLAs at a workshop emphasised the importance of cybersecurity education, personal digital responsibility, and empowering legislators to strengthen institutional resilience against cyber threats.
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.
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.
The Supreme Court has raised concerns regarding Bengaluru's Premium Floor Area Ratio (FAR) scheme, questioning its impact on urban infrastructure. The court cited Gurugram's infrastructure collapse during rains as a cautionary tale, contrasting it with Greater Noida's planned development. The scheme allows property owners to purchase additional construction rights, but petitioners argue it strains existing infrastructure and could regularise illegal constructions.
The Congress party has criticised the government's new 0.4% charge on UPI transactions above Rs 2,000 for merchants, terming it a "Modi tax". Opposition leaders, including Rahul Gandhi and Mallikarjun Kharge, allege that this move will ultimately burden consumers through price hikes and accuse the government of succumbing to American pressure to dilute India's zero-MDR policy. The government states the charge will support banks and fintechs.
India's wholesale price-based inflation (WPI) increased to 9.92 per cent in August, up from 9.78 per cent in July, primarily due to rising prices across food, manufactured items, and fuel and power sectors.
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.
India has clarified its policy regarding participation in the 2027 South Asian Federation (SAF) Games in Pakistan, stating decisions will align with national sports policies and international governing bodies. While bilateral sporting engagements with Pakistan remain suspended, Indian athletes are permitted to compete in multilateral events. The government also aims to simplify visa processes to position India as a global sports hosting destination.
'These limits will change. Very soon restrictions, restrictions will come.'
The NCP (SP) has demanded a complete rollback of the 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, effective October 15. The party termed the move a "direct assault" on small traders and shopkeepers, accusing the Modi government of "double standards" by burdening small merchants while large industrialists benefit from loan write-offs.
India's student housing shortage is widening, but high land costs, weak rental yields and regulatory hurdles are keeping organised developers away.
The Indian rupee experienced its sharpest single-day decline in eight weeks, settling at 94.83 per dollar, primarily due to escalating crude oil prices and persistent risk-off sentiment driven by heightened geopolitical tensions and limited foreign inflows.
A new Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, effective October 15, could force small merchants and price-sensitive consumers to revert to cash, according to economic think tank GTRI. The move, which introduces a 0.4 per cent MDR with a Rs 300 cap and concessional rates for specific categories, is questioned by GTRI founder Ajay Srivastava, who suggests it's not a revenue issue for the government but potentially a response to US pressure regarding UPI and RuPay's preferential market position.
The Indian government has introduced a 0.4% Merchant Discount Rate (MDR) on UPI person-to-merchant (P2M) transactions exceeding Rs 2,000, effective October 15. This move ends nearly six years of fully free UPI payments, though person-to-person (P2P) transfers and small P2M payments remain free. The charges aim to bolster investment in UPI infrastructure, with specific exemptions and caps for essential sectors.
