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.
Uttar Pradesh has significantly ramped up its efforts against narcotics trafficking, confiscating properties worth approximately Rs 78.5 crore in 69 cases this year. This marks a more than fourfold increase from the previous year, with authorities also initiating detention proceedings under the PIT-NDPS Act to dismantle drug networks and target assets acquired through illegal trade.
They had bought Rs 29,631 crore worth of shares in August.
India is developing a 'Gross Domestic Knowledge Product' (GDKP) to identify and define its knowledge assets, a move aimed at safeguarding them amidst global efforts to monetise and 'weaponise' knowledge, according to NITI Aayog member R Balasubramaniam.
In a shocking incident from Gujarat's Surendranagar, a woman was forced by her husband and others to undergo a 'punishment-cum-purification ritual' involving sexual assault by her live-in partner. Police revealed the husband had previously chained her to prevent her from fleeing. Ten people, including the husband and the woman's stepson who uploaded a video of the incident, have been arrested. The accused claimed this was a 'common practice' in their community for eloping women.
Over the years, the 54-year-old has held multiple leadership positions across the Delhi Capitals ecosystem, including Director of Cricket for both the men's and women's teams
'If you listen to a rowdy in a class, he will keep on bullying you.' 'India can say do whatever you want. We will not compromise on anything.'
A Russian drone strike on a Turkish-owned civilian cargo vessel in the Black Sea resulted in the death of the ship's captain and injuries to one crew member. The vessel, carrying corn, had Azerbaijani and Indian citizens on board. Ukrainian President Volodymyr Zelenskyy condemned the attack, highlighting the ongoing disruption to global food security and India's diplomatic efforts to resolve the conflict.
A Liberia-flagged oil tanker, Aframax Rio, carrying 23 Indian nationals, was attacked by drone boats off Russia's Black Sea coast near Sochi. All crew members were safely evacuated, though a significant fire is burning. The incident highlights escalating risks to commercial shipping in the Black Sea amid the Russia-Ukraine conflict, prompting India to express grave concern over attacks on international waterways.
The Reserve Bank of India on Wednesday raised its policy repo rate by 25 basis points to 5.50 per cent, beginning a rate-hike cycle as rising inflation risks, elevated global yields and resilient domestic growth strengthened the case for tighter monetary policy. The decision by the Monetary Policy Committee marks a shift from its August policy, when it kept the repo rate unchanged at 5.25 per cent and retained a neutral stance while seeking greater clarity on the inflation outlook and growth-inflation balance.
Shimla Police have seized assets worth Rs 4.13 crore from 19 drug traffickers and their associates, believed to be acquired through illegal drug trade. The action followed an arrest in August 2026, leading to a detailed financial investigation under the NDPS Act. This seizure is part of a larger effort in 2026, where assets worth Rs 12.52 crore have been confiscated in 15 NDPS cases.
Indian benchmark indices, Sensex and Nifty, traded marginally higher in early trade despite the US Federal Reserve's recent rate hike and indications of further tightening, with the National Stock Exchange's much-anticipated Rs 22,569-crore IPO also opening for subscription.
Economic think tank GTRI has urged the Indian government to withdraw the proposed UPI charges, set to begin on October 15, arguing that the digital payment system should remain free for merchants and consumers. GTRI warns that these charges could lead to higher prices, reduced earnings for small businesses, and weakened household demand, while also benefiting international card networks by eroding UPI's price advantage. The think tank also called for an independent audit of UPI's running costs.
Police in Shopian, Jammu and Kashmir, have attached a residential house and seized cash, collectively valued at over Rs 21 lakh, allegedly acquired through the illegal trade of drugs and narcotics. The action was taken under the NDPS Act against an individual named Farooq Ahmad Shah.
Chinese President Xi Jinping began his second state visit to the US, meeting President Donald Trump at the White House. Both leaders expressed a desire for a better future for their nations, with Xi emphasising cooperation over confrontation and the avoidance of the "Thucydides Trap." Discussions also touched upon artificial intelligence governance and the extension of a trade truce. The visit was notably marked by a media boycott of White House coverage due to a dispute over press access.
'It is a blunt and dangerous attempt to pressure India to sign BTA on one-sided terms.'
Several prominent INDIA bloc leaders, including Arvind Kejriwal and Mamata Banerjee, were detained by Delhi Police on Saturday while attempting to protest at Jantar Mantar. They were demanding the resignation of Chief Election Commissioner Gyanesh Kumar over alleged irregularities in electoral rolls, with leaders condemning the detentions as an attack on democracy.
The Indian IPO market recorded its highest monthly fundraising in September, with 34 mainboard companies raising 39,309 crore, despite a significant decline in the Nifty 50 index.
Trinamool Congress leader Saket Gokhale has accused the Election Commission of India (ECI) of withholding details about the software and algorithm used for the Special Intensive Revision (SIR) of electoral rolls. Citing an RTI response, Gokhale highlighted the ECI's claim that the information relates to "commercial confidence, trade secrets and intellectual property matters," raising concerns about transparency in the electoral process.
His Namkeen Mutton is a slow-cooked Afghan-inspired recipe, tweaked for the Indian palate'
Mumbai has spent four centuries building folklore around its monsoon: The potholes, the delayed trains, the office debates about whether it will 'break' this week or next. It turns out the rain was always a market. Nobody had built the exchange for it until now!
Indian equity markets, led by the Nifty 50, saw gains following a pullback in Brent crude prices towards $101-102 a barrel and weaker-than-anticipated US jobs data, which eased concerns about a Fed rate hike. However, analysts caution that markets are likely to remain volatile in the near term.
Indian automobile retail sales reached a record 25,36,920 units in September, marking a 31.82 per cent year-on-year growth, with passenger vehicles recording their highest-ever September sales at 4,27,213 units, according to the Federation of Indian Automobile Dealers (FADA).
US lawmakers are racing to amend the Russia sanctions bill before recess. One amendment specifically names India, China, and other countries as potential targets for 100% tariffs due to their oil trade with Russia. Another significant amendment proposes to scrap the tariff section entirely, while others address presidential waiver powers and aid to Ukraine.
The Brics proposal for a Grain Exchange, aimed at challenging the dominance of Western trading firms, faces significant operational and implementation hurdles, including settlement currency, regulatory frameworks, and limited participation from key members like India, according to experts.
Ukrainian President Volodymyr Zelenskyy addressed the UN General Assembly, accusing Russia of using citizens from over 40 countries, including India, to fight in its war against Ukraine. He urged these nations to prevent their citizens from being drawn into the conflict, highlighting that Ukraine has taken prisoners of war from these countries and that many have perished. Zelenskyy also called for limiting trade with Russia to cut off its war funding and criticised the weakening of sanctions.
External Affairs Minister S Jaishankar met his Chinese counterpart Wang Yi in Manila, reiterating that peace and tranquillity in border areas are prerequisites for normal India-China relations. He stressed the importance of mutual respect, interest, and sensitivity, while also raising concerns about market access, trade imbalance, and supply chain uncertainties.
China has strongly rejected a US bill that would impose tariffs on countries, including India, for purchasing Russian oil and gas. Beijing views the "Lindsey O Graham Sanctioning Russia and Iran Act 2026" as an act of "long-arm jurisdiction" and interference in its sovereign trade relations, asserting that its economic cooperation with other nations is based on equality and mutual benefit.
India's proposal to link BRICS payment systems, including central-bank digital currencies (CBDCs), was notably absent from the grouping's New Delhi Declaration, despite being a key agenda item for India's chairmanship. This omission leaves the 16-year effort for trade in local currencies without a settled payment architecture, with the declaration only 'acknowledging' the work of the BRICS Payment Task Force.
Indian benchmark indices, Sensex and Nifty, saw early gains driven by strong buying in IT stocks like HCL Tech, Tech Mahindra, TCS, and Infosys, alongside a significant boost from HDFC Bank.
US President Donald Trump has expressed strong support for the India-Middle East-Europe Economic Corridor (IMEEC), citing the necessity to move energy infrastructure away from Iranian checkpoints following attacks in West Asia. He made these remarks during a multilateral meeting with the Gulf Cooperation Council at the UN General Assembly, emphasising the corridor's role in overcoming regional challenges.
The arms trade surplus grew tenfold, reaching $691 million in FY26 from $63 million in FY18.
Indian stock markets experienced a significant downturn, with the Sensex plunging 1,124 points to a six-month low and the Nifty closing below 22,800, driven by surging crude oil prices, escalating geopolitical uncertainties, and weak global market trends.
The Central Board of Indirect Taxes and Customs (CBIC) is set to significantly increase its use of artificial intelligence (AI), machine learning (ML), and real-time analytics in Customs processes, aiming for a near-touchless, near-digital clearance experience, according to Chairman Vivek Chaturvedi.
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.
The US House of Representatives is debating a bill that would authorise the President to impose sanctions on Russia and steep tariffs on its oil and gas trading partners, including India and China. The bill, aimed at pressuring Russia over the Ukraine war, has faced opposition but is expected to be put to a vote.
Jammu and Kashmir Police have arrested four individuals linked to a cross-border drug-smuggling racket, recovering over 1 kg of narcotics, a pistol, and ammunition. The arrests followed an investigation into an alleged airdrop of drugs in Arnia sector, with the accused admitting links to Pakistan-based handlers. Additionally, nine other drug peddlers were arrested in separate operations across Reasi, Poonch, and Jammu districts as part of the 'Nasha Mukt Jammu-Kashmir' campaign.
The internet has found its latest crush, and Tanya Mishra is clearly enjoying the attention. The model-turned-actor has been flooding social media with glamorous photoshoots, fashion moments and viral videos, with her Instagram following now crossing 1.2 million.
Indian benchmark indices, Sensex and Nifty, experienced a sharp decline, with the Sensex tumbling 1,247.71 points and the Nifty settling below 23,100, primarily driven by a significant spike in crude oil prices and weak global market trends.
India has stated its commitment to protecting its economic interests and ensuring energy security after the US House of Representatives passed a bill allowing the US President to impose tariffs of up to 100 per cent on countries, including India and China, for purchasing Russian crude oil. The Ministry of External Affairs affirmed India's resolve to maintain diversified energy sourcing and has articulated its concerns to US interlocutors regarding the bill's potential implications.
