A tahsildar and a surveyor in Abdullapurmet, Rangareddy district, were allegedly caught accepting a ₹20 lakh bribe, according to the breaking report. The case places a sharp spotlight on corruption risks in land administration, where survey and revenue decisions can carry high financial stakes for citizens and developers alike.
Government sources have clarified that the proposed 0.4% merchant fee on UPI transactions above Rs 2,000 is not intended to be passed on to consumers, easing concerns over a possible cost increase for digital payments. The National Payments Corporation of India has said only a small portion of UPI transactions would be affected, while the Indian Banks' Association is expected to address market misunderstandings soon.
The trailer for Rahul Sankrityan’s Telugu period drama 'Ranabaali' has positioned the film as a sweeping historical rebellion set against the Madras famine of 1876-78, one of the lesser-known and most devastating episodes of colonial India. Starring Vijay Deverakonda and Rashmika Mandanna, the film appears to blend romance, resistance and social upheaval in a story rooted in pre-Independence history.
Indian banks are likely to post a sharp drop in treasury income for the July-September quarter as rising government bond yields erode gains on investment portfolios. Analysts expect treasury profits to fall to about ₹5,500 crore from ₹13,100 crore a year earlier, with public sector lenders facing the steepest pressure because of their larger holdings of government securities.
YourStory’s ShuruKar is positioning itself as a nationwide startup launchpad built around a simple thesis: some of India’s most scalable businesses will emerge from local problems, not metro-only networks. By combining AI tools, founder mentorship and community access, the initiative aims to help aspiring entrepreneurs move from problem discovery to first customers with less friction and more speed.
Foreign investors now own just 15.1% of Indian equities, the lowest share in 17 years, even as the absolute value of their holdings has climbed to about $783 billion, according to a report cited by OmniScience Capital. The decline in ownership share reflects the much faster expansion of domestic investor participation, not a retreat by foreign capital from India’s equity market.
Ruling parties have emerged dominant in the latest by-election results across West Bengal, Tamil Nadu and Puducherry, reinforcing their local political control and offering a fresh read on voter sentiment ahead of future contests. Yet the Tamil Nadu outcome has been shadowed by defections and shifting loyalties, complicating any simple narrative of victory.
Indian Gas Exchange Ltd has secured approval from the Securities and Exchange Board of India to launch an initial public offering, clearing a key regulatory hurdle for the gas trading platform’s market debut. The issue will be an offer for sale by promoter Indian Energy Exchange Ltd, with no fresh capital expected to flow into the company from the listing itself.
US equities ended mixed as a sharp rise in oil prices weighed on technology shares and revived inflation concerns ahead of a pivotal week of bank earnings and key economic data. The Nasdaq Composite closed lower, while energy stocks outperformed and investors reassessed the outlook for rates, margins and consumer demand.
Non-banking finance 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 findings underscore how NBFCs have become a critical gateway to formal credit for first-time borrowers, even as the broader lending ecosystem remains uneven across income groups and geographies.
The 57th meeting of the Goods and Services Tax Council has been postponed by one day and will now convene on October 8 at 11 am at the Summit Room, Bharat Mandapam, in New Delhi. An Office Memorandum attributed the change to unavoidable circumstances, without offering further detail, and members of the Council have been informed of the revised schedule.
The Telangana State Public Service Commission has announced the results of the written examination for Assistant Public Prosecutor recruitment, moving the selection process into its next decisive stage. Certificate verification is scheduled for October 17, signalling that shortlisted candidates will now be assessed for eligibility and document compliance before final appointment decisions.
HDFC Bank has named Anup Bagchi as its next managing director and chief executive officer, while Kotak Mahindra Bank has appointed Anup Saha to the same role, marking a rare near-simultaneous leadership reset at two of India’s most closely watched private lenders. The appointments, both effective in the coming months, underscore how succession planning has become a central strategic issue for large Indian banks as they balance continuity, regulatory expectations and growth ambitions.
Hyderabad moved to the brink of victory after Tripura’s batting faltered badly in the second innings, leaving the visitors under mounting pressure in their domestic clash. With the game tilting decisively, Hyderabad now appear poised to convert their advantage unless Tripura can stage an unlikely recovery.
The Delhi Institute of Tool Engineering has launched a bootcamp aimed at helping students turn ideas into viable start-ups, signalling a stronger push to link technical education with entrepreneurship. The initiative reflects a broader policy shift toward campus-based innovation pipelines that can support India’s manufacturing, skilling and self-employment goals.
‘Reporting Live’ begins with the promise of a sharp, socially aware drama about media, power and public accountability, and it does briefly deliver flashes of insight. But despite sincere performances and clearly noble intentions, the film settles into a cautious, uneven rhythm that blunts its impact and leaves it feeling more respectable than urgent.
A tahsildar and a surveyor in Abdullapurmet, Rangareddy district, were caught allegedly accepting a ₹20 lakh bribe, underscoring persistent corruption risks in local land administration. The case is likely to intensify scrutiny of revenue offices that control sensitive property and survey decisions affecting citizens, builders, and landowners.
Utsav Malhotra’s The Average Advantage is resonating in startup and venture capital circles for a simple but disruptive argument: sustainable careers are built less on bursts of brilliance than on repeatable habits, steady execution and long-term ambition. The book’s central message challenges the industry’s obsession with exceptionalism and instead elevates consistency, resilience and meaningful progress as the real markers of success.
A court has sentenced two people to life imprisonment in a murder case, underscoring the judiciary’s continuing emphasis on accountability in violent crime. The ruling adds to a broader pattern of courts imposing severe punishment where evidence supports guilt beyond reasonable doubt.
The Indian Navy has commissioned INS Mangrol, an indigenous anti-submarine warfare vessel, in a move that underscores New Delhi’s push to deepen naval self-reliance and strengthen coastal security. The induction adds another domestically built platform to the fleet at a time when undersea surveillance and maritime deterrence remain central to India’s defense planning.
Eight years after Sohum Shah’s 'Tumbbad' reached Indian screens, Danish composer Jesper Kyd is reflecting on the score that helped define the film’s eerie, mythic atmosphere. In a wider conversation about his career, Kyd also points to the emotional durability of the 'Assassin’s Creed' Ezio trilogy, underscoring how music can outlast the screen worlds it was built to serve.
PNB Housing Finance expects a modest 5 to 8 basis point improvement in net interest margin after the Reserve Bank’s recent rate hike, according to Chief Executive Ajai Shukla. The company said the move should also support cheaper loans for customers, while housing finance demand remains healthy and Crisil has upgraded the lender to AAA/Stable.
The North Eastern Development Finance Corporation Ltd. (NEDFI) reported a solid financial performance for FY 2025–26, led by higher interest income and steady profitability. Gross income rose 4.40% to Rs. 270.82 crore, while interest income climbed 9.73% to Rs. 214.94 crore, underscoring resilient lending operations in a challenging credit environment.
India’s cold chain debate is shifting from capacity to geography: the country does not merely need more refrigerated storage, but a more decentralised network that can serve farms, fisheries, dairies, pharmacies and food processors closer to where goods are produced. Without that shift, losses, price volatility and supply bottlenecks will continue to erode both rural incomes and consumer welfare.
GE Aerospace plans to expand its India supply-chain spending to $400 million by 2030, underscoring the country’s growing role in global aviation manufacturing and engineering. The commitment builds on the company’s existing footprint in Pune and Bengaluru, where it already operates a manufacturing facility and a technology centre.
The Congress Seva Dal has sought legal action against Bhaskar Rao after alleging that he spread false claims questioning the nationality of digital creator Dhruv Rathee. In a representation dated October 10, Junaid P.K., president of the Brigade, said Rao’s remarks suggested Rathee could be a foreign national, a claim the group says is baseless and defamatory. The complaint adds to the growing scrutiny around online political commentary and the legal risks of unverified claims in India’s polarized information environment.
The Ranji Trophy begins with more than points on the line: it is once again the most credible proving ground for India’s next generation and a reminder that domestic cricket still shapes national selection. The opening round will draw unusual attention with established names such as KL Rahul and Yashasvi Jaiswal expected to feature, adding star power to a competition built on endurance, opportunity and performance under pressure.
RJ Mitte, the actor best known for playing Walter White Jr. in the landmark drama 'Breaking Bad,' has died at the age of 34. Beyond his screen work, Mitte was widely recognised as a visible advocate for disability rights, using his profile to challenge stereotypes and broaden representation in entertainment.
Andhra Pradesh Deputy Speaker inaugurated a SEIL-funded drinking water project in Undi constituency, underscoring the continuing role of corporate social responsibility in local infrastructure delivery. The project is expected to improve access to safe water for residents while highlighting how targeted public-private support is increasingly being used to address basic service gaps at the constituency level.
The Uttar Pradesh cabinet has approved a procurement scheme designed to give startups easier access to contracts across state government departments, marking a significant policy push to turn the state into a more startup-friendly market. The move is intended to lower entry barriers for young companies and create a clearer route for them to sell products and services to public institutions.
Incoming HDFC Bank chief Anup Bagchi inherits a franchise that remains formidable in scale but is under sharper investor scrutiny as loan growth and return on equity have drifted closer to industry averages. His early credibility test will be execution: tightening governance, restoring operating momentum and convincing the market that the bank can again outperform rather than merely keep pace.
Krystallos produced the upset of the day in the Taj Mahal Plate, turning a competitive field into a one-horse procession with a decisive late surge. The result reshaped the race narrative and underlined the horse’s growing reputation as a serious contender in the Indian racing circuit.
At a recent baithak, musicians and scholars examining Purab Anga Gayaki warned that the many forms of kajri are increasingly vulnerable to flattening, imitation, and loss of regional nuance. The discussion framed preservation not as nostalgia but as a cultural necessity, with participants stressing that the genre’s individuality depends on protecting its stylistic diversity, oral transmission, and local memory.
Ben Affleck’s new thriller, "Animals," arrives with the ingredients of a sharp, adult crime drama but never fully turns them into one. The film leans heavily on atmosphere and pedigree, yet its muddled plotting and uneven tonal choices leave Gillian Anderson looking like the only performer having real fun.
Abu Dhabi National Oil Company is open to additional long-term liquefied petroleum gas contracts with India and sees the country as one of its most important energy markets, according to its acting chief for marketing. The remarks underscore the depth of India-UAE hydrocarbon ties at a time when New Delhi is seeking to secure supply, expand storage and reduce exposure to volatile global markets.
Private credit is facing a sharper competitive squeeze as banks re-enter acquisition financing and regulatory changes broaden funding choices for companies. In the first half of 2026, a significant share of private credit deals priced below 18%, underscoring how quickly the market’s premium returns are eroding. For lenders, the shift is forcing a reassessment of where genuine yield still exists.
HDFC Bank has appointed Anup Bagchi, a long-serving ICICI Bank executive with deep experience across banking, insurance and financial services, as its new Managing Director and Chief Executive Officer. His appointment, effective October 27, follows regulatory approval from the Reserve Bank of India and comes as Sashidhar Jagdishan’s term ends on October 26.
Krystallos produced a striking upset in the Taj Mahal Plate, seizing the spotlight in a race that had appeared open but still tilted toward more established contenders. The result delivered a sharp reminder of how quickly form, pace, and race-day execution can overturn expectations in Indian racing.
India’s credit card market showed signs of moderation in August, with spending falling 2.8% month-on-month to ₹2.02 lakh crore from ₹2.08 lakh crore in July. Although outlays were still 5.9% higher than a year earlier, the slowdown in both spending and fresh card additions suggests a more cautious consumer environment after recent months of steady expansion.
The Centre-backed Research, Development and Innovation Fund has approved its first cohort of 19 second-level fund managers, marking a key step in channeling long-term capital into India’s deeptech ecosystem. The platform is expected to deploy about ₹7,131 crore to strengthen startups working in advanced technologies, with the broader ₹1 lakh crore fund designed to crowd in private capital and support high-risk, high-impact innovation.
Nana Patekar, the fiercely distinctive actor whose intense screen presence and uncompromising craft made him one of Indian cinema’s most respected performers, has died at the age of 74. A three-time National Award winner, he leaves behind a body of work that bridged parallel cinema and mainstream film with uncommon force and credibility.
A proposed 0.4% merchant discount rate on UPI transactions could generate as much as Rs 15,000 crore in the first year, according to the National Payments Corporation of India’s chief, reviving debate over how India should fund its fast-growing digital payments infrastructure. The proposal comes as policymakers weigh the trade-off between keeping UPI free for consumers and creating a sustainable revenue model for banks, payment firms and merchants.
Indian Railways will conduct a nationwide citizen-focused public dialogue across all stations on October 22, 2026, in a move aimed at deepening direct engagement with passengers and local communities. The initiative signals a broader governance push to make service delivery more responsive, transparent, and grounded in on-the-ground feedback.
The exercise is expected to connect railway administrators with users across the network, allowing concerns on safety, punctuality, cleanliness, accessibility, and station amenities to be raised in a structured forum. It also reflects the government’s continued emphasis on participatory administration in one of India’s most visible public service systems.
Congress leader Rahul Gandhi on Tuesday framed the Opposition’s protest in highly symbolic terms, likening it to a tandav and calling it a 'Shivji ki baraat' in which everyone is welcome. He also claimed that the Chief Election Commissioner has sent him messages and said more than 200 officers within the government are providing information, remarks that sharpen his attack on the integrity of the system and the flow of official information.
Mesa School of Business, founded in 2023 by Ankit Agarwal and Varun Limaye, has raised Rs 110 crore in a funding round co-led by Dharana Capital and Elevation Capital. The Bengaluru-based startup plans to use the capital to deepen its AI-first curriculum, expand new programmes, and build stronger partnerships across the startup ecosystem.
India’s digital lenders expanded their personal-loan books by 28% over the past year even as the number of outstanding accounts edged down to 5.64 crore, underscoring a shift toward larger ticket sizes rather than more borrowers. New sanctions jumped 50%, with younger customers and thin-file borrowers driving much of the demand, signalling continued appetite for quick, app-based credit despite a tighter risk backdrop.
Asset-backed borrowing is emerging as a faster, more flexible source of short-term liquidity in India, with gold-backed loans leading the shift. As digital lending platforms expand access and improve transparency, borrowers are increasingly choosing to unlock value from existing assets rather than sell investments or disrupt long-term financial plans. The trend signals a broader change in how households and small businesses manage cash flow in a tighter credit environment.
A study by IIT-Bombay professors has recommended a steep reduction in the Merchant Discount Rate on UPI transactions, arguing that the current 0.40% charge should fall to 0.08% for third-party application providers. The report also says banks should not rely on transaction fees and instead draw support from CASA deposits, while the digital payments ecosystem is strengthened through better services that build user trust.
India’s renewable electricity generation has crossed 100 billion units in a single quarter for the first time, marking a significant milestone in the country’s energy transition. Non-fossil sources, including renewables, hydropower and nuclear power, accounted for about 33% of total generation in Q2 FY27, underscoring a structural shift in the power mix even as demand continues to rise.
Qualcomm Ventures, an early investor in Shadowfax, has sold 57.1 lakh shares of the listed logistics company in an open-market transaction valued at about ₹157.3 crore. The deal marks a significant secondary exit by a venture backer and comes as investors continue to reassess valuations across India’s startup and logistics ecosystem.
