Domestic telecom gear maker HFCL reported its highest-ever quarterly consolidated net profit of Rs 394.22 crore for the second quarter ended September 30, 2026, a multi-fold increase from Rs 72 crore a year ago, primarily due to strong demand for optical fibre cables from AI data centres.
Tamil Nadu is experiencing heavy rainfall due to the active northeast monsoon, leading to severe inundation in Chennai and southern districts, significant waterlogging, and rising water levels in reservoirs. Chief Minister C Joseph Vijay reviewed preparedness, while the IMD predicts continued moderate to heavy rainfall across the state until October 26, with two low-pressure systems forming. The rains have also impacted agriculture and infrastructure.
Industry leaders at MRAM Expo 2026 highlighted that India's maintenance economy has the potential to unlock a 1 per cent GDP opportunity. This growth can be achieved by addressing productivity losses from equipment breakdowns, unplanned downtime, and inefficient assets through smarter asset management practices. The NITI Aayog also supports AI-based predictive maintenance for resilient infrastructure, while the Indian Asset Performance Management market is projected for substantial growth by 2033.
Pranav Adani's visit to the Singapore Grand Prix has intensified speculation about Formula 1's return to India. The Adani Group, which owns the Buddh International Circuit, is actively pursuing the revival of the Indian Grand Prix, with support from the Indian government. However, significant financial and logistical challenges, including tax clarity and substantial upgrade costs, must be overcome amidst increasing global competition for hosting races.
'We see a lot of cases of bank deposits getting lost, especially when people die, so this will help address that because you have one consolidated view.'
The Uttar Pradesh Cabinet has officially approved the renaming of the Noida International Airport at Jewar to 'Narendra Modi International Airport, Noida-Jewar', a move Chief Minister Yogi Adityanath described as a "major gift" to the state.
A Bain & Company report projects the global AI market must reach nearly USD 6 trillion annually by 2031 to sustain massive infrastructure investments. This growth will largely depend on new innovations beyond productivity gains, with a significant gap needing to be filled by emerging revenue streams like autonomous vehicles, physical AI, and new AI-driven products. The report also highlights the surge in hardware and semiconductor industries due to AI compute demand and the importance of AI absorption for Indian companies.
Adani Group-controlled Mumbai International Airport Ltd (MIAL) has reiterated that airlines must decide whether to shift flights to Navi Mumbai, temporarily suspend operations at Mumbai airport, or pursue other alternatives from the summer 2027 schedule due to Terminal 1's redevelopment.
Dedicated Ayush dispensaries increased from 26,130 in 2013-2014 to 37,804 in 2024-2025, while hospitals rose much more slowly, from 3,605 to 3,885.
An Army officer's wife has been booked in Jammu for alleged espionage, accused of using AI tools like ChatGPT and Claude to write analytical papers on sensitive national security issues for Chinese intelligence operatives. The well-qualified freelance researcher, who had an IT internship with the UN, is cooperating with investigators after being intercepted at Jammu Tawi railway station. The probe focuses on her alleged contacts with foreign nationals and the nature of the sensitive documents found on her mobile phone.
Kerala Home Minister Ramesh Chennithala announced plans to strengthen the state police's Cyberdome to combat cybersecurity threats and deploy indigenously developed robots for traffic management and disaster response. He emphasised the need for coordinated efforts to address growing cyber challenges and protect critical infrastructure, while also highlighting the role of the CoCoN conference in sharing knowledge.
Union Minister Ashwini Vaishnaw announced that the Indian government will release a draft consultation paper on Artificial Intelligence (AI) regulations within the next 30 days, focusing on safety, a human-first approach, skilling, inclusivity, and harm restriction.
The International Cricket Council (ICC) is actively pursuing a strategy to expand cricket in China, leveraging the sport's recent inclusion in the Olympics. Plans include establishing a Centre of Excellence, supporting a Tier 2 event, and promoting women's cricket, with significant investment and collaboration with the Chinese Cricket Association to embed the sport deeper into the country's sporting system.
The International Atomic Energy Agency (IAEA) has concluded its first physical protection advisory mission to Pakistan, stating that the country has established a "robust nuclear security regime" for its nuclear material and facilities. The mission, conducted from September 28 to October 9, reviewed Pakistan's legislative framework and assessed measures at a nuclear facility, noting continuous improvements and contributions to nuclear security expertise.
Meghalaya Chief Minister Conrad K Sangma on Friday inaugurated a high-performance sports science centre in Shillong, aiming to provide scientific training, injury prevention, and recovery support to athletes ahead of the National Games. Olympic gold medallist Abhinav Bindra praised the state's investment in athlete development, highlighting the importance of supporting athletes before they achieve recognition. The centre, operational since September, is part of Meghalaya's long-term strategy to strengthen its sporting ecosystem and promote wider youth participation.
India has strongly condemned an attack on a Panama-flagged commercial vessel, MT On Peace, in the Strait of Hormuz, which resulted in injuries to 11 Indian crew members. The Ministry of External Affairs called for an immediate cessation of such attacks, emphasising the need to restore navigation and commerce through international waterways. Omani authorities assisted in evacuating and treating the injured sailors.
Korean auto major Hyundai plans to invest an additional Rs 4,000 crore in Maharashtra by 2030, aiming to nearly double capacity at its new Pune manufacturing plant to 320,000 units per annum in a phased manner, a top company executive said.
An Indian national was killed and ten others injured in an attack at King Khalid International Airport in Riyadh, Saudi Arabia. The Indian Embassy confirmed the death and ongoing medical care for the injured. India has strongly condemned the repeated attacks, which Saudi Arabia blames on Yemen's Houthis, and called for an immediate cessation of violence.
India's nine core infrastructure sectors recorded a five-month high production growth of 5 per cent in June, primarily boosted by significant increases in the output of cement, electricity, and the newly added iron ore, despite declines in crude oil, natural gas, refinery products, and fertiliser.
Ericsson CEO Andres Vicente emphasised the critical need for technology alignment and ecosystem collaboration to ensure security in the age of Artificial Intelligence. Speaking on Wednesday, he highlighted that AI's benefits in productivity and innovation cannot be forgone, making shared security concerns across interconnected tech layers paramount. Ericsson is actively working with partners through the Trusted Tech Alliance to establish common AI-era security understandings.
Apple Pay has officially launched in India, integrating with CCAvenue and partnering with Axis Bank to bring secure and convenient mobile payment solutions to millions of iPhone, iPad, and Apple Watch users across a vast network of merchants.
The ministry of education is actively formulating a computer-based testing strategy to transition the crucial NEET medical entrance exam to an online format.
Microsoft has inaugurated its India South Central data centre region in Telangana, marking its fourth cloud region in the country and significantly expanding its cloud and AI infrastructure. This strategic investment supports Telangana's ambitious goal of achieving 5 GW of data centre capacity by 2029 and attracting USD 30 billion in digital infrastructure investments, further solidifying Hyderabad's role as a global technology hub.
Microsoft has inaugurated its India South Central data centre region in Telangana, marking its fourth cloud region in the country and significantly expanding its cloud and AI infrastructure. This strategic investment supports Telangana's ambitious goal of achieving 5 GW of data centre capacity by 2029 and attracting USD 30 billion in digital infrastructure investments, further solidifying Hyderabad's role as a global technology hub.
IBM India and South Asia MD Sandip Patel stated that India is at a defining moment with a unique opportunity to shape exponential technologies like artificial intelligence, emphasizing that "when India builds, it builds for billions," leading to scalable impact. Speaking at the IBM Think 2026 event, Patel highlighted that the AI revolution is still in its early stages, requiring enterprises to redesign their operations around agents, real-time data, automation, hybrid architecture, and trust. He also introduced the concept of "digital swaraj" or sovereignty in the Indian context, stressing the importance of control over operating environments, data, technology, and AI execution. IBM also announced an MoU with MeitY Startup Hub to accelerate India's deep tech innovation and startup ecosystem, providing startups access to IBM's technology expertise and platforms like watsonx and Sovereign Core.
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.
Union Minister H D Kumaraswamy has alleged that Karnataka Chief Minister D K Shivakumar met a person linked to sting operations and demanded a probe into the targeting of five Cabinet ministers. Kumaraswamy questioned the state government's inaction and sought clarification on the identity of the person and the purpose of the meeting. The Leader of Opposition also called for an FIR and investigation into the matter.
A new EY India report highlights how young professionals, women wealth creators, entrepreneurs, ESOP beneficiaries, and digitally active consumers from Tier-2 and Tier-3 cities are fundamentally changing India's wealth ecosystem. This shift is evidenced by increased participation of young and women investors, a rise in disciplined investing via SIPs, and the crucial role of Digital Public Infrastructure in democratizing access to long-term wealth creation. The report predicts over 100 million new investors by 2035.
Union Minister Mansukh Mandaviya inaugurated the BRICS Traditional and Indigenous Sports Demonstration Games 2026 in Ahmedabad, emphasising the role of traditional sports in reflecting cultural identity and fostering international cooperation. The one-day event, hosted by the Ministry of Youth Affairs and Sports, brought together delegations from BRICS and partner countries to showcase indigenous sporting practices like Mallakhamb, Yogasana, and Kalaripayattu from India, alongside Wushu from China and Sambo from Russia. Gujarat Deputy Chief Minister Harsh Sanghavi also highlighted India's rich sporting heritage and proposed initiatives for global promotion and preservation of traditional sports.
Microsoft has inaugurated its India South Central datacenter region in Telangana, marking its fourth cloud region in the country. This expansion aims to bolster India's cloud and AI infrastructure, with Telangana targeting 5 GW of datacenter capacity by 2029 and attracting significant investment in the digital ecosystem.
The Civil Aviation Ministry has requested Adani Airports to postpone the partial relocation of international flights from Mumbai to Navi Mumbai airport, a move initially proposed due to renovation of Mumbai's Terminal 1 and opposed by airlines. Discussions are underway to formulate a revised transition plan.
Two merchant vessels with 22 Indian crew members were attacked in the Strait of Hormuz. One ship, MT Petro Dolphin, was hit by a drone, leaving two Indian seafarers missing. Another, MT Valthera, was struck by a projectile, but all 11 Indian crew are safe. India has strongly condemned the attacks, prioritising the safety of its seafarers and calling for de-escalation and upholding freedom of navigation.
HSBC has emerged as the leading international bank in facilitating fundraising for Indian companies through bonds, syndicated loans, and IPOs during January-September 2026, according to Hitendra Dave, CEO of HSBC India.
Wadhwani AI is working on a 'vulnerability mapping' project which determines the probability of a disease breaking out in a particular area during a particular season or time.
'The smartphone had become my boarding pass, my digital ID, my train ticket repository, my taxi booking tool and my payment instrument,' says Brijesh Haldia
Mumbai International Airport Ltd (MIAL) has informed airlines that it will not shift any international flights from Mumbai airport to Navi Mumbai airport until the end of the winter season in March next year, following discussions with the Airline Operators Committee.
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.
'The remaining 30% are scared they will be shot at and they too will shell out the money soon.'
Pune has been confirmed as the host city for the 2032 UCI Road World Championships, a decision that the Cycling Federation of India believes will significantly enhance the country's bid to host the 2036 Olympic Games and change global perceptions of India as a sporting host.
The National Company Law Tribunal (NCLT) approved a record 107 resolution plans in the second quarter of financial year 2026-27 (Q2FY27), its highest quarterly performance, despite ongoing challenges such as member vacancies and infrastructure constraints.
