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🇮🇳India Edition • Calendar Week 1

October 2026 — Week 1

Week 1 (Oct 01 – Oct 07) (2026/10/01 to 2026/10/07)

Weekly Stories1,735Page 20 of 35
Banking, Fintech & InsuranceBreaking
05 Oct 2026, 08:56 AM IST

IT Valuations Already Reflect Most AI Risk, Says ICICI Prudential’s Chintan Haria

The sharp correction in Indian IT stocks may already have absorbed much of the market’s fear over artificial intelligence-led disruption, according to Chintan Haria of ICICI Prudential AMC. He said the Nifty IT index’s roughly 25% decline in 2026 has created selective opportunities in companies better placed to benefit from data engineering, cloud migration, legacy modernisation and AI integration.

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Macro Economy & Fiscal PolicyBreaking
05 Oct 2026, 08:56 AM IST

Accenture’s Strong Show Revives Hope for India’s Battered IT Sector

Accenture’s latest results and outlook have injected fresh optimism into India’s IT industry, which has been under pressure from weak discretionary spending and delayed client decisions. The company’s steady margins and improved demand commentary suggest a more constructive environment ahead, while analysts say Indian firms must accelerate artificial intelligence capabilities to stay competitive.

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India Entertainment & CultureBreaking
05 Oct 2026, 08:56 AM IST

Varahi Mallipamula’s 'Impure' Uses Humor to Confront Patriarchy and Virginity Myths

Producer-actor Varahi Mallipamula, director Nishanti Evani and actor Kireeti Damaraju are drawing attention to 'Impure,' a Telugu-English dramedy that tackles patriarchy, sexual double standards and the social policing of virginity. The film’s Audience Award win at the Indiewood Film Festival 2026 in Los Angeles has amplified interest in a project that blends satire with a pointed critique of gender norms.

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Markets, IPOs & WealthBreaking
05 Oct 2026, 08:56 AM IST

Genpact Says AI Will Reduce IT Workload and Slow Hiring Growth

Genpact has warned that artificial intelligence will reduce the workload in information technology services and, over time, curb the pace of job creation in the sector. NV 'Tiger' Tyagarajan said employment growth in India is already easing and that future workforce additions will not match past trends as firms demand higher skill levels.

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National Governance & PolicyBreaking
05 Oct 2026, 08:55 AM IST

Shiv Sena Corporator Ramesh Mhatre Surrenders Before Thane Trial Court After Supreme Court Cancels Bail

Shiv Sena corporator Ramesh Mhatre surrendered before the Thane trial court on Monday after the Supreme Court cancelled his bail in the doctor assault case, marking a sharp reversal in a politically sensitive criminal proceeding. The top court’s order also affected his associates, Ramesh Pawar, Pramod alias Prakash Nikam, and Akshay Sharad Karande, intensifying scrutiny of the case and the conduct of the accused.

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Macro Economy & Fiscal PolicyBreaking
05 Oct 2026, 08:55 AM IST

Nine Large-Cap Stocks Surge Over 50% in Early FY27, Outpacing the Market

A select group of nine large-cap stocks has delivered gains of more than 50% in the first half of FY27 so far, according to ACE Equity data, sharply outperforming the broader market and underscoring the strength of stock-specific momentum in India’s equity rally. The advance reflects a mix of earnings resilience, sector rotation, and investor appetite for quality names with visible growth and balance-sheet strength.

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India Entertainment & CultureBreaking
05 Oct 2026, 08:55 AM IST

Kalyanapuram S. Aravind Wins Praise With a Carefully Curated Carnatic Repertoire

Kalyanapuram S. Aravind delivered a recital marked by control, clarity and thoughtful programming, moving from Dikshitar’s Kamboji kriti to a ragamalika virutham with assured command. The performance stood out for the way it translated complex musical ideas into an accessible, polished concert experience.

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India Entertainment & CultureBreaking
05 Oct 2026, 08:32 AM IST

‘Primetime’ Review: Robert Pattinson Is Fiendishly Good in Lance Oppenheim’s Savage Look at Televised Virtue

Lance Oppenheim’s ‘Primetime’ turns the camera back on the culture of televised morality, exposing how performance, spectacle and self-justification are packaged for consumption. Robert Pattinson delivers a sharply controlled performance in a film that is as entertaining as it is unsettling, a corrosive satire of the systems that profit from virtue as entertainment.

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India Sports & CricketBreaking
05 Oct 2026, 08:32 AM IST

Shreyas Iyer Says Asian Games Gold Reflected India’s Champion Mindset After Pakistan Final Win

Shreyas Iyer said India’s Asian Games gold medal was the product of a squad that chose adaptation over excuses, after the team beat Pakistan by 19 runs in a tense final. His remarks framed the victory as a measure of collective temperament, not just skill, in a high-pressure contest that demanded composure and tactical flexibility.

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Banking, Fintech & InsuranceBreaking
05 Oct 2026, 08:32 AM IST

India’s Economic Resilience Is the Result of Broad, Reinforcing Reforms, Says Das

India’s resilience in the face of global shocks is not accidental but the product of a wide set of mutually reinforcing reforms, former Reserve Bank of India Governor Shaktikanta Das said on Wednesday. He said the country’s journey toward developed-nation status will require a marked expansion of activity across five key areas, underscoring the need for sustained policy depth rather than short-term fixes.

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Banking, Fintech & InsuranceBreaking
05 Oct 2026, 08:32 AM IST

IT Valuations Already Price in Much of AI Risk, Says ICICI Prudential’s Chintan Haria

The sharp correction in Indian information technology stocks may already reflect a large part of the market’s anxiety over artificial intelligence-led disruption, according to Chintan Haria of ICICI Prudential AMC. He said the Nifty IT index’s roughly 25% decline in 2026 has created selective opportunities in companies better placed to benefit from data engineering, cloud migration, legacy modernisation and AI integration.

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India Sports & CricketBreaking
05 Oct 2026, 08:32 AM IST

India Finishes Fourth at Asian Games 2026 as Late Gold Surge Lifts Medal Haul to 85

India ended the Asian Games 2026 in Nagoya with 85 medals and a fourth-place finish, powered by an extraordinary late surge that produced 11 golds in the final two days. Teen archer Kumkum Mohod and golfer Pranavi Urs delivered surprise titles, while cricket and hockey successfully defended their crowns to anchor a strong all-round campaign.

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National Governance & PolicyBreaking
05 Oct 2026, 08:32 AM IST

Once Thought Extinct, Tiny Plant Becomes the Symbol of Wildlife Week at Kerala’s Parambikulam

A rare plant once presumed lost to science has emerged as the symbolic centrepiece of Wildlife Week at Parambikulam in Kerala, underscoring the conservation value of the Western Ghats. The exhibition has been named after Haplothismia exannulata, a minute forest species rediscovered 26 years ago after more than a century without a recorded sighting.

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Macro Economy & Fiscal PolicyBreaking
05 Oct 2026, 08:32 AM IST

Private Investment Gains Momentum as India’s Capital Formation Accelerates at Fastest Pace in Over Three Years

Private investment in India is showing clearer signs of revival as capital formation expands at its fastest pace in more than three years, supported by stronger balance sheets, improving demand visibility and sustained foreign inflows. The trend comes as India attracted a record gross foreign direct investment of USD 97 billion in FY26, with first-quarter inflows in the current financial year already near USD 30 billion.

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India Sports & CricketBreaking
05 Oct 2026, 08:06 AM IST

At 71, Chennai Photographer Seshadri Sukumar Turns a Mid-Life Leap Into a Global Sports Career

Chennai resident Seshadri Sukumar, 71, has built an unlikely second career in sports photography after leaving behind a long banking career and the security that came with it. Now covering the 20th Asian Games in Japan, he stands as a striking example of how late-life reinvention can still produce work of international relevance.

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National Governance & PolicyBreaking
05 Oct 2026, 08:06 AM IST

India, Canada Set October 5 Talks on Proposed Economic Pact as Trade Reset Gains Urgency

India and Canada will begin the fifth round of negotiations on a proposed economic partnership pact on October 5, advancing a dialogue that has regained momentum amid efforts to stabilise bilateral ties. The talks carry added significance because Canadian Prime Minister Mark Carney said last month that Prime Minister Narendra Modi is expected to visit Canada around December, creating a potential political window for progress.

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Banking, Fintech & InsuranceBreaking
05 Oct 2026, 08:06 AM IST

Sitharaman Rejects UPI MDR Misconception, Says Merchant Fee Will Not Reach Consumers

Finance Minister Nirmala Sitharaman has moved to calm confusion over the Merchant Discount Rate on certain UPI transactions, saying the charge is borne by merchants and will not be passed on to consumers. She stressed that the levy is neither a tax nor a surcharge, but a payment-processing fee applied to a limited set of transactions above Rs 2,000.

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Macro Economy & Fiscal PolicyBreaking
05 Oct 2026, 08:06 AM IST

Gold Edges Higher as Weak US Jobs Data Dims October Fed Hike Odds

Gold prices rose in early Monday trade in Asia after disappointing US employment data weakened expectations for a Federal Reserve rate increase in October. The softer outlook for interest rates lifted demand for safe-haven assets, while silver and platinum also advanced as investors reassessed the policy path.

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Markets, IPOs & WealthBreaking
05 Oct 2026, 08:06 AM IST

Largecaps Lead Market Rout as 84% of Nifty 50 Fall Below 200-Day Averages

Indian equities are under sustained pressure, with heavyweight names such as Tata Motors and Infosys among the biggest drags as the broader market weakens. A striking 84% of Nifty 50 constituents are now trading below their 200-day moving averages, underscoring the depth of the selloff in large-cap stocks even as smaller companies in the Nifty 500 continue to show relative resilience.

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Banking, Fintech & InsuranceBreaking
05 Oct 2026, 08:06 AM IST

Banks’ Biggest Risks Are Now Inside Their Tech Stack, RBI Deputy Governor Says

RBI Deputy Governor Rohit Jain said banks can no longer treat technology as a back-office utility, arguing that it has become the core of their risk architecture. He called for stronger governance, cybersecurity, third-party oversight and tighter controls on artificial intelligence as financial resilience increasingly depends on technological resilience.

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Startups & Venture CapitalBreaking
05 Oct 2026, 08:06 AM IST

TakeMe2Space, SatLeo Labs and EON Space Labs Send Payloads Into Orbit on SpaceX Falcon 9

Three Indian spacetech startups have placed payloads into orbit aboard a SpaceX Falcon 9 mission, marking a notable step for the country’s emerging private space sector. TakeMe2Space, SatLeo Labs and EON Space Labs are using the launch to advance AI computing and Earth observation capabilities in space, underscoring how Indian startups are moving from concept-stage innovation to on-orbit demonstration.

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Banking, Fintech & InsuranceBreaking
05 Oct 2026, 07:39 AM IST

Nifty, Sensex Face Ninth-Week Loss Risk as TCS Earnings, RBI Policy and Global Yields Test Dalal Street

Indian equities enter a critical week after eight consecutive weekly declines, the longest losing streak in 25 years, with investors bracing for another test of sentiment. Rising crude prices, firmer US bond yields, persistent foreign outflows and a weaker rupee are colliding with key domestic triggers, including TCS’s second-quarter results, DMart’s earnings and the Reserve Bank of India’s monetary policy decision.

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India Sports & CricketBreaking
05 Oct 2026, 07:39 AM IST

Smaran’s Century Fuels Rest of India Fightback in Irani Cup as Lead Swells to 265

A composed century from Smaran anchored a determined Rest of India recovery on day three of the Irani Cup, turning a difficult position into a competitive contest against the Ranji Trophy champions. At close, the visiting side had stretched its lead to 265 runs with two wickets still in hand, leaving the match delicately poised heading into the final day.

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Markets, IPOs & WealthBreaking
05 Oct 2026, 07:39 AM IST

AceVector IPO Gives SoftBank ₹88 Crore Exit as Most Selling Shareholders Take Losses

AceVector’s initial public offering has delivered a mixed outcome for its early backers and promoters, offering liquidity at a time when India’s startup market remains under pressure. SoftBank emerged with about ₹88 crore from the sale of shares, while most other selling shareholders appear to have booked losses relative to their entry valuations.

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Markets, IPOs & WealthBreaking
05 Oct 2026, 07:15 AM IST

Fourteen Midcap Stocks Extend Five-Day Slide as Sensex Sheds 2.27% in Weak October Start

Indian equities opened October on a fragile footing, with the Sensex falling 2.27% over the last five trading sessions ended October 1 and closing at 71,909 after losses in four of those sessions. Against that backdrop, 14 midcap stocks declined for five consecutive sessions, underscoring broad-based risk aversion beyond the benchmark heavyweights.

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India Sports & CricketBreaking
05 Oct 2026, 07:15 AM IST

Vithya Eyes New Benchmark After Matching Usha’s Record Three Years Ago

Three years after equalling a long-standing benchmark associated with Indian athletics icon P.T. Usha, Vithya is now poised to move beyond it, turning a symbolic milestone into a fresh statement of intent. The development underscores both her persistence and the evolving depth of India’s track and field pipeline, where record-chasing has become a measure of progress as much as achievement.

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Markets, IPOs & WealthBreaking
05 Oct 2026, 07:15 AM IST

ixigo Deepens Rail Play with Uber and redBus Partnerships for Train Travellers

ixigo has announced new partnerships with Uber and redBus that will allow users to book cabs and buses directly inside its trains app, extending the platform beyond rail search into end-to-end trip planning. The move strengthens ixigo’s position in India’s fast-growing online travel market by reducing friction at the first and last mile of train journeys.

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Automotive, EVs & MobilityBreaking
05 Oct 2026, 06:48 AM IST

Make in India Enters Deeper Manufacturing Phase as CII Flags Global Competitiveness Push

India’s manufacturing strategy is moving beyond capacity expansion toward stronger domestic supply chains, technology development and tighter integration with global markets, the Confederation of Indian Industry said as the Make in India initiative marks 12 years. The shift is especially significant for automotive, EVs and mobility, where competitiveness will increasingly depend on localisation, advanced engineering and export readiness rather than scale alone.

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Banking, Fintech & InsuranceBreaking
05 Oct 2026, 06:48 AM IST

Bank deposits, credit shrink in fortnight to September 15 as bulk funds mature

Outstanding bank deposits and advances declined in the fortnight ended September 15, with deposits falling by Rs 2.49 lakh crore as high-cost bulk deposits matured, according to Reserve Bank of India data. Deposit growth slowed to 17.3%, while credit growth eased to 18.1%, underscoring a broader adjustment in banks’ liability and lending strategies after a period of strong overseas inflows.

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Banking, Fintech & InsuranceBreaking
05 Oct 2026, 06:48 AM IST

RBI Likely to Raise Repo Rate by 25 bps to 5.50% in October Policy, ET Poll Shows

The Reserve Bank of India is widely expected to deliver another 25 basis point increase in the repo rate at its October policy meeting, according to an Economic Times poll of economists. The anticipated move would lift the benchmark rate to 5.50% as the central bank confronts persistent inflation pressures driven by elevated crude oil prices and weaker agricultural output.

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National Governance & PolicyBreaking
05 Oct 2026, 06:48 AM IST

Centre Pledges 300,000 Permanent Homes for Andhra Pradesh in Major Housing Push

The Modi government has announced a landmark housing commitment for Andhra Pradesh, promising 300,000 permanent homes in a significant expansion of welfare delivery. Union Minister Shivraj Singh Chouhan and Chief Minister N. Chandrababu Naidu framed the move as a development milestone during a public event in Burripalem, underscoring the Centre’s renewed emphasis on visible, asset-based governance.

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Banking, Fintech & InsuranceBreaking
05 Oct 2026, 06:47 AM IST

SBI-Led Lenders Say Vijay Mallya Still Owes Rs 8,752 Crore After Recoveries

A consortium of lenders led by the State Bank of India has told a court that businessman Vijay Mallya still owes Rs 8,752 crore, even after recoveries exceeding Rs 10,270 crore through asset sales and other payments. The disclosure sharpens the legal and financial scrutiny around Mallya’s long-running debt case, while authorities maintain that recovered money does not erase criminal proceedings.

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India Entertainment & CultureBreaking
05 Oct 2026, 06:47 AM IST

‘Digger’ Review: Iñárritu’s Self-Aware Apocalypse Traps Tom Cruise in a Grand Cinematic Joke

Alejandro G. Iñárritu’s latest film is a maximalist, self-conscious spectacle that turns catastrophe into commentary and performance into provocation. With Tom Cruise cast inside a Russian-doll structure of cinematic excess, the film becomes less a conventional drama than a dazzling, often exhausting meditation on ego, spectacle, and the machinery of modern moviemaking.

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Macro Economy & Fiscal PolicyBreaking
05 Oct 2026, 06:18 AM IST

Air India Express lifts fleet to 110 aircraft as winter schedule nears

Air India Express has expanded its fleet to 110 aircraft, marking a significant step in its network and capacity build-out ahead of the winter schedule. The airline is pairing aircraft transfers with a major retrofit programme as it prepares for additional operations and a broader domestic and international footprint.

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National Governance & PolicyBreaking
05 Oct 2026, 06:18 AM IST

Naidu’s Crowd-Calming Clip Sparks Congress-NDA Clash Over Madanapalle Event

A short video from Finance Minister Nirmala Sitharaman’s October 2 event in Andhra Pradesh’s Madanapalle has triggered a fresh political row between the Congress and the NDA. Congress leader Jairam Ramesh said the clip showed Chief Minister N. Chandrababu Naidu silencing a crowd whose anger had disrupted the programme, while Naidu, Sitharaman, his son Nara Lokesh and the BJP insisted the reaction was merely party-worker enthusiasm.

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Automotive, EVs & MobilityBreaking
05 Oct 2026, 06:18 AM IST

NEDFI Posts Strong FY26 Growth as Interest Income Rises and Profit Holds Firm

The North Eastern Development Finance Corporation Ltd. (NEDFI) delivered a solid financial performance in FY 2025–26, with gross income rising 4.40% to Rs. 270.82 crore. Interest income climbed 9.73% to Rs. 214.94 crore, while profit before tax stood at Rs. 127.77 crore and net profit at Rs. 92.23 crore, underscoring steady earnings momentum.

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India Sports & CricketBreaking
05 Oct 2026, 06:18 AM IST

Delhi Recall Sarthak to Ranji Squad in Fresh Selection Move

Delhi have recalled Sarthak to their Ranji Trophy squad, a selection decision that signals both form-based reassessment and a search for greater balance ahead of the next phase of the domestic season. The move underscores how quickly opportunities can shift in India’s first-class structure, where squad composition is often shaped by fitness, workload, and recent performances.

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India Sports & CricketBreaking
05 Oct 2026, 06:18 AM IST

India Finishes Fourth in Asian Games 2026 Medal Table With 85 Medals

India ended the 2026 Asian Games in Aichi-Nagoya, Japan, in fourth place on the medal table with a total of 85 medals, marking another strong continental showing but falling short of the top three. The result underscores India’s growing depth across multiple disciplines, even as the final standings highlight the scale of competition from Asia’s leading sporting nations.

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National Governance & PolicyBreaking
05 Oct 2026, 06:18 AM IST

Sarbananda Sonowal to Flag Off Dibrugarh’s First International Cargo Voyage

Union Minister Sarbananda Sonowal is set to inaugurate Dibrugarh’s first international cargo voyage, a move that underscores the government’s push to strengthen inland waterways as a trade corridor for India’s Northeast. The launch is being watched as both a logistical milestone and a policy signal for deeper regional integration with cross-border commerce routes.

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Markets, IPOs & WealthBreaking
05 Oct 2026, 06:18 AM IST

Morgan Stanley Scrambles After Accidental Email Exposes Deal Pipeline; SEBI Opens Review

Morgan Stanley is racing to contain the fallout after an accidental email reportedly exposed a list of more than 100 potential and ongoing transactions across Asia and other markets. The leak has raised immediate concerns over confidentiality, market sensitivity and internal controls, prompting India’s markets regulator, SEBI, to begin examining the matter.

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Macro Economy & Fiscal PolicyBreaking
05 Oct 2026, 05:55 AM IST

Ahmedabad Airport Imposes New Drop-Off Charges, Raises Pick-Up Fee by 33% for Taxis and Hired Vehicles

Ahmedabad airport has introduced a fresh pricing structure that adds a new drop-off and visit charge for taxis while increasing the pick-up fee by 33%, raising the cost of airport access for passengers using hired transport. The levy also extends to tempos, minibuses and buses, with charges for the first 0-30 minutes rising as high as ₹600, underscoring a broader shift in how airport operators monetise curbside access.

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Banking, Fintech & InsuranceBreaking
05 Oct 2026, 05:55 AM IST

Niyo Parent Finnew Cuts Losses 58% as FY26 Revenue Jumps 80% to ₹158 Crore

Fintech soonicorn Niyo’s parent, Finnew Solutions Pvt Ltd, reported a sharp improvement in operating performance in FY26, with consolidated revenue rising 80% year on year to ₹158 crore. The company also narrowed its consolidated net loss by 58.1% to ₹32.6 crore, signalling stronger unit economics even as the broader fintech sector remains under pressure to balance growth with profitability.

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Banking, Fintech & InsuranceBreaking
05 Oct 2026, 05:54 AM IST

Nifty, Sensex Face Ninth-Week Risk as TCS Earnings, RBI Policy and Global Yields Test Dalal Street

Indian equities enter a critical week after eight straight weeks of losses, their longest losing run in 25 years, with investors bracing for another fragile stretch. TCS’s quarterly results, the Reserve Bank of India’s policy meeting, persistent foreign outflows and elevated oil prices are set to shape sentiment on Dalal Street from Monday.

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Banking, Fintech & InsuranceBreaking
05 Oct 2026, 05:54 AM IST

Delhi High Court Orders Police to Find New Protest Site for Bank Unions Ahead of Strike

The Delhi High Court has directed police to identify an alternative protest venue for bank unions by September 28 after authorities rejected their Jantar Mantar application. The ruling comes days before a nationwide strike called by the United Forum of Bank Unions from September 28 to 30, a move expected to disrupt banking services and intensify pressure over demands for a five-day work week and improved pension benefits.

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National Governance & PolicyBreaking
05 Oct 2026, 05:27 AM IST

India’s Economic Fundamentals Remain Strong and Are Strengthening, Sitharaman Says

Finance Minister Nirmala Sitharaman said India’s economic fundamentals remain resilient and are improving, framing strategic resources, global openness, skills development and private investment as central to the country’s next phase of growth. Her remarks come as policymakers seek to sustain momentum in a volatile global environment while broadening the economy’s long-term productive capacity.

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National Governance & PolicyBreaking
05 Oct 2026, 05:27 AM IST

500 Students Join Bengaluru Run to Push Mental Health Conversation Into the Open

About 500 students took part in a Bengaluru run aimed at normalising conversations around mental health, underscoring how youth-led public events are increasingly being used to address stigma in India. The initiative reflects a broader policy challenge: translating awareness into sustained support systems across schools, colleges, and communities.

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India Sports & CricketBreaking
05 Oct 2026, 05:27 AM IST

Alcaraz Advances to Japan Open Semis as Fils Falls

Defending champion Carlos Alcaraz moved into the Japan Open semifinals after a composed run through the draw, setting up an all-Spanish meeting with Jaume Munar. Munar advanced by ending the impressive campaign of France’s Kyrian Jacquet, ranked 86th, while Arthur Fils crashed out of the tournament in a setback to the French challenge.

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Banking, Fintech & InsuranceBreaking
05 Oct 2026, 05:26 AM IST

SBI, Bank of Baroda and Canara Bank Urge Customers to Finish Branch Work Ahead of Proposed September Strike

State Bank of India, Bank of Baroda and Canara Bank have advised customers to complete urgent branch-based transactions in advance of a proposed bank strike scheduled from September 28 to 30, 2026. The lenders said digital and self-service channels should be used during the period, as the industry braces for possible disruption to in-branch services.

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Markets, IPOs & WealthBreaking
05 Oct 2026, 05:26 AM IST

Dalal Street Set for a Volatile Week as Oversold Nifty Tests Key 22,600 Support

Indian equities enter the week on fragile footing after the Nifty slipped below its 200-week moving average for the first time since March 2020, a technical breach that has sharpened attention on the 22,600 zone. Analysts say the market is oversold enough to stage a rebound, but any recovery is likely to be uneven as volatility remains elevated and traders reassess risk.

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National Governance & PolicyBreaking
05 Oct 2026, 05:26 AM IST

CII Welcomes RoDTEP Extension, Presses for Five-Year Export Policy Horizon

The Confederation of Indian Industry has welcomed the government’s decision to extend the Remission of Duties and Taxes on Exported Products scheme, saying the move will help preserve export competitiveness at a time when India is pushing toward a $1 trillion export target this fiscal year. The industry body has also called for a five-year policy horizon to give exporters greater certainty on incentives, planning, and investment decisions.

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