Kotak Mahindra Bank has appointed Anup Kumar Saha as its next Managing Director and Chief Executive Officer for a three-year term beginning January 1, 2027. Saha, currently an Executive Director at the lender, brings more than 32 years of experience in financial services and has already handled multiple responsibilities within the bank since joining in January 2026.
The GST Council is likely to examine a set of relief proposals on input tax credit at its October 7 meeting, after the law committee backed changes covering insurance, catering, samples and inventory write-offs. The proposals, if approved, could ease compliance pressure for businesses and clarify long-running disputes over credit eligibility in routine commercial operations.
U.S. Pacific Command chief Admiral Samuel J. Paparo will visit India beginning October 3, in a high-level engagement that comes as Washington seeks to reinforce strategic coordination with New Delhi across the Indo-Pacific and the Indian Ocean region. The visit is also expected to underscore the United States’ continuing presence and interests in the Indian Ocean, where maritime security, regional stability, and defense cooperation remain central concerns.
Alexios and Mahogany have emerged as the central figures in a tightly balanced contest that now appears destined for a decisive finish. With neither side able to seize lasting control, the closing stages are shaping up as a test of nerve, execution and tactical clarity.
As part of special Gram Sabha meetings held on Gandhi Jayanti, more than 1,850 gram panchayats across rural India conducted ‘Jal Arpan’ programmes under Jal Jeevan Mission 2.0. The initiative is designed to strengthen community ownership of rural drinking water systems, signaling a policy shift from infrastructure delivery alone toward local stewardship, accountability, and long-term sustainability.
Non-banking financial companies now originate half of India’s new-to-credit borrowers, up sharply from 24% in 2016, according to a TransUnion CIBIL-FIDC report covering about 2,000 NBFCs. The data underscores the sector’s growing role in widening formal credit access, especially for first-time borrowers outside the traditional banking system.
360 ONE Capital Research has identified eight stocks for October, led by Coal India, NTPC and ITC, all assigned Buy ratings with stated target prices. The call reflects a selective preference for companies with visible earnings support, policy-linked demand and resilient operating trends as markets navigate a mixed macro backdrop.
Maharashtra has regained its position as India’s leading sugar-producing state, but the latest five-year trend points to a more complicated reality beneath the headline gain. The state’s long-term challenge is shifting from installed capacity to dependable cane supply, water efficiency, and the effective use of its bioenergy assets.
India’s cold storage network is increasingly being viewed as more than a preservation system for perishables; it is becoming a potential pillar of agricultural finance. Analysts say the sector can deliver genuine resilience only when physical storage is linked to structured collateral management, allowing inventory to be financed, tracked and monetised with greater confidence. Without that bridge, cold chains may continue to protect produce but fail to unlock the working capital farmers and traders need.
Tamil Nadu has operationalised its first barrierless multi-lane free flow tolling system at Paranur on the Tambaram–Tindivanam section of NH-179B, marking a notable shift in highway fee collection and traffic management. The deployment places the state among the early adopters of a more automated tolling model designed to reduce congestion, improve throughput and align with national efforts to modernise road infrastructure.
A select group of nine large-cap stocks has delivered gains of more than 50% in the first half of FY27, sharply outperforming the benchmark and underscoring the market’s preference for earnings visibility, balance-sheet strength and sector-specific momentum. The move, based on ACE Equity data, highlights how investors have continued to reward scale, operating leverage and policy-linked growth themes even in a selective market environment.
Seeds Fincap has raised more than Rs 100 crore in a Series B round led by the Michael & Susan Dell Foundation, marking a significant capital infusion for the rural-focused lender. The company said the funds will support branch expansion, field hiring, and stronger risk-monitoring systems as it deepens its reach across rural and semi-urban India.
Vice President C. P. Radhakrishnan delivered the inaugural address at the fifth Kautilya Economic Conclave in New Delhi, placing economic policy, governance, and strategic resilience at the center of the discussion. The address came at a time when India is balancing growth ambitions with global uncertainty, supply-chain volatility, and the need for stronger domestic policy coordination.
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 economy. The launch carried AI computing and Earth observation technologies from TakeMe2Space, SatLeo Labs and EON Space Labs, underscoring how Indian startups are moving from prototype development toward in-orbit validation.
European equities recovered modestly in early trade after a sharp bond-driven selloff rattled markets, with investors reassessing the outlook for interest rates and growth. Attention is now turning to euro zone inflation figures and the upcoming US nonfarm payrolls report, both of which could shape the next move in global monetary policy.
The Indian government has halved the stock limit for traders to 100 tonnes, a move aimed at tightening oversight of essential commodities and discouraging speculative hoarding. The order will take effect on October 15 and remain in force until November 30, underscoring New Delhi’s effort to manage supply conditions during a sensitive inflationary period.
The Congress has announced its nominees for three Maharashtra Legislative Council seats, moving early in a contest that will test the party’s organisational strength and bargaining position in the state’s shifting political landscape. The selections come as parties prepare for a round of upper-house elections that can influence legislative arithmetic even when the balance of power in the Assembly appears settled.
Borrowers facing rising monthly obligations are increasingly looking for practical ways to ease personal loan EMI pressure without derailing long-term financial plans. The most effective levers remain disciplined tenure selection, selective prepayments, tighter spending control and careful comparison of repayment scenarios before taking fresh debt.
Finance Minister Swapan Dasgupta said West Bengal needs a more organised real estate sector if it is to attract sustained investment and accelerate development. He argued that outdated laws, including the urban land ceiling framework, have acted as impediments to growth and should be removed or reworked to unlock land and capital.
India’s new UPI merchant fee framework could translate into an effective cost of about 47.2 basis points for businesses once GST is included, according to the structure announced for person-to-merchant transactions above Rs 2,000. The charge, set at 0.4% MDR and capped at Rs 300 for transactions of Rs 75,000 and above, takes effect from October 15, while consumers will not be charged.
Punjab all-rounder Naman Dhir said India’s approach in the Guwahati ODI was built around a clear, uncomplicated plan, even as West Indies piled up 405 for seven in a high-scoring contest. Though he has not yet batted in the first two matches of the series, Dhir’s bowling contribution in the previous game offered a useful glimpse of his role in India’s wider squad balance.
India’s tea exports could decline by as much as 20% this year as higher freight rates and logistics disruptions squeeze overseas shipments, industry sources said. The warning follows a 16.11% year-on-year drop in exports to 128.56 million kilograms in January-July, underscoring mounting pressure on one of the country’s key plantation-linked export earners.
Vice President Radhakrishnan said India is entering a period of global uncertainty from a position of economic strength, citing real GDP growth of 7.8% in the first quarter of 2026-27. He argued that India’s resilience will depend on how effectively it adapts to geopolitical realignments, trade disruptions, and rapid technology shifts.
Hansi Flick’s tactical reshuffle has transformed Raphinha from a wide attacker into Barcelona’s most dangerous central scorer, giving the Brazilian a new route to goal and a sharper influence on matches. The move has propelled him to the top of LaLiga’s scoring charts, ahead of Lamine Yamal and Kylian Mbappe, and underlined Barcelona’s growing tactical flexibility under their new coach.
Public sector banks and older private lenders have advised customers to complete essential transactions in advance of a three-day nationwide strike beginning September 28, warning of possible disruption to branch services and cash-related operations. The government has already directed public sector banks to remain open on Sunday to help reduce inconvenience and keep basic banking channels functioning ahead of the work stoppage.
The Bharatiya Janata Party on Wednesday accused the Congress of repeatedly undermining public mandates, after senior leader Shivraj Singh Chouhan said Mallikarjun Kharge had attacked constitutional institutions by questioning the integrity of the Election Commission and electronic voting machines. Chouhan defended the appointment process of Election Commissioners and said the BJP had full faith in India’s electoral system.
The exchange adds to a long-running political clash over the credibility of election machinery, with the BJP portraying Congress criticism as an assault on democratic institutions and the Opposition framing its concerns as demands for greater transparency.
India completed a commanding hockey gold double at the Asian Games 2026, overwhelming Malaysia in the decisive final to secure its last medal of the campaign. The result lifted India to fourth place on the medal table, with the country’s 21st and final gold proving decisive in the standings.
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 economy. The launch carried AI computing and Earth observation technologies developed by TakeMe2Space, SatLeo Labs and EON Space Labs, underscoring how Indian startups are moving from ground-based development to in-orbit validation.
The English-Telugu film 'Impure' uses the familiar grammar of a coming-of-age drama to deliver something sharper: a social satire about class, gender, desire and the performance of respectability. Built around two female cousins and their shared male friend, the film unfolds like a Jane Austen-inspired study of emotional inheritance, even as it keeps one eye on contemporary Indian social codes.
Former NITI Aayog vice-chairman Rajiv Kumar has warned that even a modest merchant fee on UPI could slow India’s digital payments momentum and drive some users back to cash. His remarks come after the government said a 0.4% merchant discount rate would apply to UPI payments above Rs 2,000 from October 15, while consumer transactions would remain free.
US stocks advanced sharply after softer-than-expected jobs data reinforced expectations that the Federal Reserve may have less urgency to keep tightening policy. The Nasdaq Composite set a fresh record, helped by falling Treasury yields, lower oil prices and a strong bid in semiconductor shares, while Nike fell after warning of a steep revenue decline tied to weakness in China.
Veteran director Radhakrishna Malineni is marking 26 years in Telugu television with a career that has tracked the medium’s evolution from family-centric storytelling to more layered social narratives. His latest project, 'Seetaramayya Gari Manavaralu' on E TV, underscores the enduring appeal of values, women’s resilience and intergenerational family legacy in Indian entertainment.
A disciplined, attritional stand from Paras Dogra and Nasir Lone put Jammu and Kashmir in control on the opening day of their Irani Cup contest, turning a tense phase into a meaningful advantage. Their resistance blunted the opposition attack and gave J&K the platform to seize the initiative in a match where patience, not flair, has defined the early exchanges.
State Bank of India is sharpening its growth strategy around digital banking, deeper customer engagement and stronger protection standards, according to chairman C S Setty. The lender said its total business could scale to Rs 200 lakh crore by 2030 as it marks its platinum jubilee, underscoring the scale of its ambitions in India’s fast-changing financial landscape.
The Department of Agricultural Research and Education and the Indian Council of Agricultural Research have launched Special Campaign 6 across India, combining a cleanliness drive with public recognition for sanitation workers. The initiative reflects a broader government push to institutionalize workplace hygiene, administrative discipline, and respect for frontline support staff within public institutions.
The Aam Aadmi Party has suspended its MLA Sukhveer Singh Maiserkhana after he publicly complained about a persistent shortage of teachers in government schools, turning an internal governance grievance into a disciplinary flashpoint. His remarks, made while going live on social media, underscored mounting pressure on state education systems and the political sensitivity around staffing gaps in public schools.
The Reserve Bank of India is actively sounding out regulators and market participants on the possible elevation of Anup Bagchi to the top job at HDFC Bank, according to people familiar with the matter. The consultation reflects the central bank’s caution over Bagchi’s three-year absence from mainstream banking, even as he emerges as the leading contender for one of India’s most closely watched financial appointments.
Axis has highlighted seven large-cap stocks that it says now offer attractive value after the recent sharp correction, with upside potential of as much as 44%. The call comes as investors reassess quality names that have derated alongside broader market volatility, even where underlying business fundamentals remain intact.
Union Home Minister Amit Shah has congratulated India’s security and investigative agencies after the successful extradition of alleged narco-trafficking kingpin Navpreet Singh from Turkey, describing the operation as a major enforcement milestone. The development underscores India’s expanding cross-border law-enforcement reach and the growing use of international cooperation to pursue fugitives linked to organized crime.
Mysuru golfer Pranavi delivered a composed final-round par 70 to secure gold with a four-day total of 15-under 265, underlining the value of patience and disciplined execution under pressure. Speaking after the win, she said the result unfolded exactly according to her game plan, a statement that reflects both tactical clarity and growing confidence at the highest level.
Kannada family drama 'Premada Oorali', directed by National Award-winner Manoj Kumar, is drawing unexpected audience interest in theatres even as critics note its reliance on familiar emotional beats and a largely conventional presentation. The film’s early success suggests that strong sentiment and accessible storytelling can still resonate with viewers, though its lack of a contemporary cinematic edge may limit its longer-term impact.
Rajiv and Rohit delivered a commanding performance to claim overall glory at the Rally of Himalayas, one of India’s most demanding motorsport events, while Dhritimaan emerged as the standout in the two-wheeler category. The results underscored both endurance and precision on a course where altitude, terrain, and mechanical reliability often decide outcomes as much as speed.
Bank credit growth strengthened across major sectors in August, with personal loans emerging as one of the fastest-growing segments, according to Reserve Bank of India data. Outstanding personal loans rose 16.9% year-on-year to ₹72.9 lakh crore, up sharply from 11.9% a year earlier, underscoring resilient consumer borrowing demand.
Investor sentiment in Indian equities is increasingly skewed away from large-cap stocks, even as valuations have improved, according to Kotak Institutional Equities. Retail enthusiasm is concentrating in mid- and small-cap counters, where recent gains and the prospect of faster returns continue to attract capital. The divergence reflects a market shaped by risk appetite, geopolitical unease and a growing preference for momentum over stability.
Prime Minister Narendra Modi has congratulated India’s men’s cricket team after it successfully defended its Asian Games gold medal, underscoring the growing political and symbolic weight of cricket in India’s international sporting profile. The message comes as the team’s repeated success reinforces India’s dominance in a format that has only recently gained a foothold in the Asian Games programme.
Veteran filmmaker, writer and director Singeetham Srinivasa Rao has died, closing a remarkable chapter in Indian cinema that spanned decades and languages. Best known for his inventive storytelling and humanist sensibility, he first drew wide attention with the 1972 Telugu film Neeti Nijayati, which he wrote and directed at the age of 41.
The Odisha government has announced a cash reward of ₹11 lakh for each member of India’s women’s hockey team after the squad’s Asian Games gold-medal triumph, underscoring the state’s long-standing role as a pillar of Indian hockey. The victory carries historic weight: India had last won women’s hockey gold at the Asian Games in 1982, making this a landmark moment for the sport.
The Confederation of All India Traders (CAIT) has rejected media and social media claims that it endorsed a nationwide “No UPI Day” on October 2 over the proposed merchant discount rate on certain UPI transactions above Rs 2,000 from October 15. The traders’ body said the reports were misleading and urged caution against attributing positions to it that it has not formally taken.
India’s new UPI merchant discount rate framework, effective October 15, introduces a 0.4% charge on person-to-merchant transactions above Rs 2,000, with a cap of Rs 300 on payments of Rs 75,000 and above. While consumers will not be charged, the GST treatment of the fee could raise the effective cost for merchants to about 47.2 basis points, sharpening concerns across retail, mobility and other high-frequency payment sectors.
The National Payments Corporation of India has said that the Goods and Services Tax applied to UPI merchant discount rate charges will not materially affect small merchants, arguing that the vast majority of transactions attract no MDR and therefore no GST. NPCI said payments below Rs 2,000 carry zero MDR, while merchants with monthly receipts under Rs 1 lakh are exempt from MDR altogether, limiting the tax impact further.
