US President Donald Trump has defended a controversial diesel deal with Russia, stating it aims to stabilise the global market despite bipartisan criticism from US lawmakers. The deal, which eases sanctions on Russian diesel shipments until April 2027, has been criticised as a "gift to our adversary" that finances Russia's war efforts and offers little relief to Americans.
India is waiting for assurance from the US on comparative advantage over other economies under the deal.
'India is a large source of Spotify's future audience growth because it is the largest market in the world.'
Following the murder of anti-drug activist Parvinder Singh Jhota in Mansa, police have suspended a station house officer and arrested the alleged shooter's wife. The shooter, Ashwani Kumar, and an associate are in police remand. Investigations are ongoing into Kumar's arms licence and drug network, while Jhota's family and activists demand further action and a CBI probe, leading to a 'Punjab bandh' on Thursday.
Prabhas' highly anticipated cop action film Spirit is currently filming in Mumbai without its lead star.
A special PMLA court in Mumbai has allowed the monetisation of attached assets worth over Rs 3,400 crore in the National Spot Exchange Limited (NSEL)-linked payment default case. This decision paves the way for the restitution of funds to thousands of investors who have been awaiting recovery for 13 years since the 2013 payment default.
The National Payments Corporation of India (NPCI) has deferred the implementation of a 0.4 per cent Merchant Discount Rate (MDR) on Person-to-Merchant UPI transactions above Rs 2,000. Originally set for October 15, the new date will be announced after Diwali, providing relief to users and merchants, especially during the festive season. The decision came amidst opposition concerns about the levy burdening consumers.
A special PMLA court in Mumbai has allowed the monetisation of attached assets worth over Rs 3,400 crore in the National Spot Exchange Limited (NSEL)-linked money laundering case. This decision paves the way for the restitution of funds to thousands of investors who have been awaiting recovery for 13 years since the 2013 payment default. Up to Rs 1,950 crore from the monetisation will be paid to 63 Moons Technologies Ltd for specified creditors.
India has initiated anti-dumping investigations into imports of Glycine from China, following a complaint by Avid Organics, alleging material injury to domestic manufacturers. Concurrently, a separate anti-circumvention probe has begun concerning CPVC resin from China and South Korea, suspected of being routed through Malaysia, Japan, and Thailand to avoid existing duties.
The 12th edition of the Pakistan Super League (PSL 12) will take place from March 18 to May 2 next year, maintaining its eight-team format. The dates were confirmed at a Governing Council meeting in London, paving the way for upcoming player signings and auctions.
Indian benchmark indices, Sensex and Nifty, saw gains in early trade, driven by a notable drop in crude oil prices and renewed buying interest from Foreign Institutional Investors (FIIs).
Shares of the National Stock Exchange of India Ltd (NSE) climbed nearly 1 per cent on their trading debut, reaching a market valuation of Rs 4,53,123 crore, following a significantly oversubscribed initial public offering.
The owner of a medical store, Ashwani Kumar, accused of fatally shooting anti-drug activist Parvinder Singh Jhota in Punjab's Mansa, has been arrested from Rajasthan. Following his arrest, angry mobs set his medical store ablaze and authorities razed a portion of his house, while Jhota's father has called for a statewide bandh on October 15.
Top US and Chinese officials, including Vice Premier He Lifeng and Treasury Secretary Scott Bessent, held "candid, in-depth and constructive" talks in New York on economic and trade issues, with a specific focus on artificial intelligence. These discussions precede Chinese President Xi Jinping's anticipated visit to Washington and occur amidst new US sanctions targeting countries purchasing Russian oil and gas, and the US unveiling an "AI Force."
Newly-appointed Delhi Capitals head coach Sourav Ganguly expresses confidence in Rishabh Pant's return to form and his perfect fit in the team's middle order for the upcoming IPL season. Ganguly also outlines his vision for the team, aiming to lead them to success after a period away from the franchise.
Holding-company discounts and losses at key unlisted ventures could weigh on Tata Sons' IPO valuation, though its diversified portfolio may still command a premium.
The Centre has announced a major bureaucratic reshuffle, appointing Prakash Rajpurohit as Deputy Election Commissioner and approving appointments for 27 civil servants at joint secretary and equivalent levels across various ministries and departments.
India's sedan market is experiencing a notable divergence: affordable entry-level sedans are gaining market share, while midsize sedans are seeing a significant decline as buyers increasingly opt for SUVs in higher price brackets.
India has strongly criticised the US decision to suspend the Permanent Labor Certification (PERM) program for eight major IT firms, including Indian giants like TCS and Wipro. New Delhi also condemned US Vice President JD Vance's description of foreign professionals as "indentured servants," calling it "unwarranted and deeply offensive." The move is expected to impact thousands of Indian tech professionals seeking permanent residency in the US and further strains bilateral ties.
Chinese President Xi Jinping is set to visit the United States from September 23 to 25 for summit talks with US President Donald Trump, with discussions expected to cover critical economic and trade issues, including AI, and the recently signed US sanctions law targeting countries buying Russian oil and gas.
Indian benchmark indices, Sensex and Nifty, surged over 1 per cent, recovering from two days of losses, driven by a strong rally in IT stocks, particularly TCS, and a moderation in global crude oil prices.
A deleted video posted by actor Vikram, showing him cuddling a Lar Gibbon, has brought to light the illegal possession and transfer of these endangered primates in Tamil Nadu, prompting a forest department investigation.
Chinese President Xi Jinping concluded his three-day visit to the US, stating that his discussions with President Donald Trump had injected "new substance" into the China-US relationship. Both leaders expressed optimism for future cooperation, with agreements reached on certain trade goods and discussions held on AI capabilities.
US President Donald Trump has threatened the European Union with "very heavy tariffs" if he perceives their actions as hostile, specifically in response to Canada's efforts to deepen economic and strategic ties with the EU. This comes as European Commission President Ursula von der Leyen invited Canada to become the EU's first "associate member" to strengthen resilience amid global trade uncertainties and US trade policies.
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.
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.
The Reserve Bank of India has opened a special dollar window for three public sector oil marketing companies (OMCs) to meet their daily dollar requirements, aiming to curb the rupee's depreciation amidst global economic uncertainty. Additionally, the RBI has introduced new regulatory measures for the foreign exchange market, including reducing the threshold for derivative transactions without underlying exposure and introducing a Foreign Exchange Risk Reserve (FERR).
The Indian government has approved the sale of a 60.72 per cent stake in IDBI Bank Ltd to Canadian billionaire Prem Watsa's Fairfax Financial Holdings Ltd for approximately 52,878 crore, a move that reflects improving India-Canada ties and marks a significant turning point for the bank.
Rajinikanth brings the swagger, Nelson delivers the whistles, but Jailer 2's predictable plot and underwhelming villains keep this fanboy extravaganza from becoming anything more than a familiar celebration of Thalaivar's aura.
Opposition parties in Punjab have strongly criticised the Aam Aadmi Party (AAP) government following the murder of anti-drug activist Parminder Singh Jhota in Mansa. They allege a breakdown of law and order and "jungle raj," demanding accountability from Chief Minister Bhagwant Mann and a CBI probe into the killing. The incident has raised serious concerns about the safety of those fighting the drug menace in the state.
A new study by CSIR-CCMB researchers has elucidated the molecular mechanisms by which viral infections, particularly RNA viruses like Influenza and COVID-19, can accelerate the formation of amyloid clumps in the brain, a hallmark of neurodegenerative diseases such as Parkinson's. The research highlights the role of viral RNA G-quadruplexes and the cellular protective protein DDX39A in this process.
Indian benchmark equity indices, Sensex and Nifty, rallied in early trade, driven by positive global market trends and easing crude oil prices, despite the US Federal Reserve's hawkish stance tempering overall sentiment. Track Sensex, Nifty on September 18.
Former Bangladesh Prime Minister Sheikh Hasina has strongly criticised Prime Minister Tarique Rahman's decision to skip the BRICS summit in India, calling it "immature" and detrimental to Bangladesh's national interest. She argued that the absence lost opportunities for economic development and that foreign policy should not be driven by personal considerations. Hasina also highlighted the current "grave national crisis" in Bangladesh and her intention to return to restore democracy.
Reserve Bank of India Governor Sanjay Malhotra has stated that the rupee may be 'undervalued' by many estimates and assured that the RBI will work to ensure its stability and help it find its 'correct value' amidst recent depreciation.
India is deeply concerned by the growing consolidation of Pakistan-backed jihadi and radical Islamist groups in Bangladesh, particularly in the strategically vital Chittagong Hill Tracts, which experts warn is transforming the country into a new safe haven for these networks and posing a direct threat to India's security.
The Reserve Bank of India's recent measures, including a dedicated dollar window for state-run oil marketing companies and tightened foreign exchange derivative rules, are expected to provide near-term relief to the rupee's depreciation, but market participants believe global factors and balance of payment dynamics will continue to exert pressure in the medium term.
Pakistan has welcomed an Indian delegation's visit to Islamabad for a Shanghai Cooperation Organisation (SCO) meeting, marking the first such visit after a significant gap. The visit is seen as a positive step towards regional peace and cooperation, with Pakistan also commenting on other international and domestic issues.
The Reserve Bank of India (RBI) has increased its GDP growth forecast for the current fiscal year (FY27) by 40 basis points to 7.1 per cent, acknowledging the resilience of domestic economic activity despite global headwinds and geopolitical tensions.
Indian benchmark indices Sensex and Nifty extended their losses for a third consecutive day, driven by firm crude oil prices, elevated global bond yields, and significant foreign fund outflows, making investors cautious.
