Razorpay-backed consumer fintech POP has entered the credit market with POPchop, a buy-now-pay-later product that lets eligible shoppers split purchases into three interest-free instalments over three months. The move signals a broader strategic shift as UPI-led platforms look beyond payments and rewards to monetise active users through lending and commerce-linked financial products.
A deadly attack on a Saudi airport has killed 12 people and injured more than 300, triggering a halt to operations, a widening travel alert across international carriers and renewed fears of escalation in the Yemen conflict. The incident has also drawn a sharp response from Washington, where President Donald Trump is weighing possible military intervention as regional tensions intensify.
GE Aerospace plans to almost double its sourcing spend in India by 2030, underscoring the country’s growing role in the company’s global manufacturing and supply chain strategy. The expansion is being supported by a broader local supplier base, new manufacturing investments and sustained demand for aircraft engines across commercial and defence markets.
China’s yuan stayed close to a three-year high against the dollar on Tuesday, supported by a stronger-than-expected central bank midpoint and steady foreign exchange settlement flows. Gains were capped by elevated U.S. Treasury yields and persistent geopolitical uncertainty, even as analysts see room for only modest further appreciation.
ICICI Prudential Asset Management Company shares rose about 2% in early trade after the fund house reported a 6% year-on-year increase in net profit to Rs 889 crore for the second quarter, prompting a wave of positive brokerage commentary. Jefferies, Emkay and Centrum retained constructive views and revised target prices, with some implying as much as 30% upside from current levels, while the company also announced a Rs 30 dividend.
Global temperatures remained exceptionally elevated in September, making it the second-warmest September on record, according to Copernicus climate data. The reading underscores the persistence of global warming even as El Niño strengthens, with scientists warning that heat is likely to remain unusually high into 2027.
IIT Kharagpur has transferred a grain-processing technology to a private company for commercial deployment, marking another step in the institute’s push to move laboratory innovation into industry. The technology is expected to improve processing efficiency, cut time wastage and strengthen productivity in the grain value chain.
State Bank of India Chairman C S Setty said deposit rates are unlikely to rise over the next three months, citing ample liquidity in the banking system as the main reason. He also said credit growth should remain in the 14% to 15% range over time, while stressing that banks must preserve positive real returns for depositors as inflation stays elevated.
West Bengal Chief Minister Suvendu Adhikari said the October 6 bypoll results demonstrated that the BJP’s support base is not confined to any single community. Citing voting patterns in Nandigram and Rejinagar, he argued that substantial minority support had flowed to the party, challenging the long-held assumption that the BJP draws only from a narrow social bloc in the state.
Asset reconstruction companies have asked the government to strengthen the debt recovery framework, arguing that delays in Debt Recovery Tribunals are undermining the pace of resolution under India’s stressed-asset regime. Their proposals include automatic expiry of interim stays after two months, tighter creditor notification rules, faster filling of tribunal vacancies, and expanded electronic services for litigation.
Vedanta shares are in focus as today marks the last trading session to qualify for the company’s interim dividend of Rs 5 per share. The payout, amounting to Rs 1,955 crore, is the first since the stock adjusted for the group’s major demerger earlier this year, reinforcing Vedanta’s reputation as a high-yield name closely tracked by income-focused investors.
India’s Power Secretary held a bilateral meeting with Gerassimos Thomas, Director-General for Taxation and Customs Union at the European Commission, in New Delhi on Tuesday, underscoring the growing policy interface between India and the European Union. The discussion is understood to have focused on regulatory coordination, trade facilitation, and broader economic cooperation at a time when both sides are navigating complex supply-chain, energy-transition, and market-access priorities.
Veteran actor Nana Patekar died at his Goa residence in the early hours of Thursday, October 8, 2026, after suffering a cardiac arrest, prompting an outpouring of grief across India’s film industry. Leading stars including Rajinikanth, Akshay Kumar and Jr NTR were among the first to pay tribute, underscoring Patekar’s rare standing as a performer admired across language industries and generations.
Kannur Corporation has introduced a double-decker bus service for sightseeing during the Dasara season, creating a new way for residents and visitors to experience the city’s illuminated streets and festival decorations. Operated in coordination with the KSRTC Budget Tourism Cell, the service will run for 10 days, with its future dependent on public response.
The government is preparing to de-notify Jantar Mantar as a designated protest site in response to a Supreme Court suggestion that demonstrations in the capital should be shifted to a more spacious, open-air location. A four-page order dated October 9 records the Bench headed by Chief Justice of India Surya Kant urging the Centre to identify an alternative venue in Delhi that can better accommodate public gatherings without disrupting the city’s dense urban core.
Raja Ravi Varma’s paintings will soon be taken out for exhibitions, according to Vadodara royal Radhikaraje Gaekwad, marking a significant shift in how the celebrated collection may be shared with the public. The move comes as the Maharaja Fateh Singh Museum expands and prepares a state-of-the-art storage facility expected next year, strengthening conservation and display capacity.
Indian banks are expected to report 11 percent year-on-year earnings growth in the second quarter of FY27, with private sector lenders likely to outpace public sector peers, according to Kotak. The brokerage said strong deposit inflows, including foreign currency non-resident deposits, should support balance-sheet growth but may temporarily compress net interest margins. Asset quality, meanwhile, is expected to remain broadly stable with no material signs of deterioration.
India’s meteorological authorities have dedicated a new decision-support system designed to strengthen cyclone warnings and improve marine weather services, marking a significant upgrade in the country’s disaster preparedness infrastructure. The platform is expected to help officials issue faster, more precise advisories for coastal communities, shipping interests, and emergency responders.
Janakiram Marella’s Telugu film ‘Comrade Kalyan’ leans fully into self-aware absurdity, using punchy one-liners, comic timing, and an energetic ensemble to keep its momentum alive. While the film does not always rise above its own manic premise, Sree Vishnu’s performance and the writing’s willingness to embrace silliness deliver enough sharp laughs to make it work as a crowd-pleasing comedy.
Iraq’s crude shipments to India have rebounded, even as Russian crude arrivals fell sharply in August, underscoring a fresh shift in the country’s oil import mix. Russian shipments to India declined 32.3% month-on-month to 5.48 million tonnes, creating room for Middle Eastern suppliers to regain share in one of the world’s fastest-growing energy markets.
New Delhi has made clear that Elon Musk’s Starlink will have to meet the full security and licensing requirements applied to all satellite communications operators, even as Washington tightens scrutiny of Indian technology companies. The hardening stance on both sides underscores how trade and investment talks are being overtaken by strategic distrust, with a bilateral deal unlikely to advance before the U.S. mid-term elections.
Mahindra & Mahindra has begun production of its Maxseeder zero-till machine, a tractor-trailed implement designed to support residue management and reduce stubble burning. The equipment will be rolled out first in Punjab and Haryana through Mahindra Farm Equipment Business dealerships, targeting farmers ahead of the next cropping cycle.
The long-running food-versus-fuel argument is increasingly being framed the wrong way, with the real issue not whether India must choose one over the other, but whether it can build the science, infrastructure and policy discipline to support both. As the country expands biofuel ambitions while guarding food security, the challenge is shifting from ideology to execution.
Apple Pay has officially gone live in India, enabling Axis Bank credit card holders to add Visa and Mastercard cards to the wallet and pay contactlessly across supported merchants. The launch strengthens India’s fast-growing digital payments ecosystem by adding a globally recognized, privacy-focused payment layer that does not require PINs or one-time passwords for each transaction.
Union Minister Jyotiraditya M. Scindia on Tuesday inaugurated and laid the foundation stone for development projects worth ₹331 crore in Mizoram, underscoring New Delhi’s continued push to strengthen infrastructure and public services in the Northeast. The investments are expected to improve connectivity, administrative capacity, and service delivery in a strategically important border state.
Investors are increasingly focused on SpaceX’s 2027 growth path, with bullish expectations tied to Starlink expansion, launch cadence, Starship progress and a possible role in AI chip financing. The market case remains powerful, but it is tempered by high valuations, elevated borrowing costs, execution risk and questions over how quickly profitability can scale.
Jammu and Kashmir’s industrial pipeline is showing signs of movement, with project approvals and execution milestones indicating progress toward production. But the deeper policy test remains unresolved: whether these projects can translate into sustained employment at scale, rather than short-lived construction activity and paper gains.
The National Company Law Tribunal has admitted Kotak Mahindra Bank’s insolvency petition against Unity Realty and Developers over an alleged default of ₹68.49 crore, marking a significant escalation in a dispute tied to financial facilities extended to Unity Infraprojects. The case underscores how corporate guarantees can pull related entities into insolvency proceedings when the principal borrower runs into distress.
The Reserve Bank of India will raise the minimum daily cash reserve maintenance requirement for banks to 99% from 90%, effective for the fortnight beginning October 16, 2026. The move removes a layer of operational flexibility and is aimed at absorbing excess liquidity that has been sitting in the banking system.
TeraLumen Solutions is emerging as one of the clearest examples of deep-tech manufacturing taking root in India, with four patents, commercialised products and clinical trials now under way. The company’s progress suggests that terahertz systems, long associated with advanced labs and imported hardware, may soon be built and scaled domestically.
HDFC Bank has launched its annual festival offer, unveiling thousands of deals across consumer and lending products as it seeks to capture seasonal spending momentum. The programme allows customers to save up to ₹70,000 on festive purchases made using HDFC Bank credit cards and EASYEMI on debit and credit cards, while also extending benefits across personal, car, vehicle, home and gold loans.
RNFI Money, a wholly owned subsidiary of RNFI Services, has secured Reserve Bank of India approval to undertake cross-border trade remittances, marking a significant expansion of its regulated financial services portfolio. The licence strengthens the company’s ability to serve merchants and trade-linked customers through RNFI’s last-mile network, while complementing the parent’s recent in-principle authorisation to operate as a Payment Aggregator–Physical.
Small-trader groups have called off their planned ‘No UPI Day’ protest for October 2 after a meeting with Finance Minister Nirmala Sitharaman in New Delhi on Wednesday. The decision by the All India Consumer Products Distributors Federation and the All India Mobile Retailers Association signals a temporary easing of tensions over digital payments, compliance burdens and merchant concerns around UPI-linked transactions.
The India Meteorological Department has forecast heavy rainfall over Kerala, south interior Karnataka, Tamil Nadu and Puducherry for four days beginning Thursday, as a fresh low-pressure system develops over the Bay of Bengal. The warning comes at a sensitive point in the monsoon calendar, with the southwest monsoon nearing its seasonal withdrawal from parts of the subcontinent and weather conditions turning more volatile across the South Peninsula.
Crunchyroll has brought its manga service to India, opening access to more than 250 titles from leading publishers in a move designed to unify reading and streaming for anime fans. The expansion strengthens the platform’s bid to become a single destination for discovering manga and watching anime adaptations, while sharpening competition in India’s fast-growing digital entertainment market.
Crunchyroll and Sony Pictures Entertainment will distribute The Apothecary Diaries: The Late Lady's Treasure in theatres across North America and international markets, including India, after its Japanese premiere in December. The acquisition extends one of anime's fastest-rising franchises into the global theatrical arena, underscoring the continued commercial push for event-style anime releases outside Japan.
The Finance Ministry has asked private sector banks to step up participation in the government’s financial inclusion drive, with a particular focus on schemes such as PMMY and Stand Up India. Financial Services Secretary Sanjay Lohiya called for stronger digital outreach, faster loan processing, better insurance claim awareness and more effective grievance redressal as the government prepares for a saturation campaign.
The trailer for 'Ganesh: Dust To Stardust' has been unveiled, offering the first look at a biographical drama that traces choreographer Ganesh Acharya’s journey from modest beginnings to prominence in Hindi cinema. The film, positioned as a tribute to perseverance and craft, is scheduled for theatrical release on December 11, 2026.
Bryan Cranston has offered a deeply personal tribute to RJ Mitte, recalling the bond they formed on Breaking Bad and praising the younger actor’s evolution from a teenage newcomer into a prominent disability rights advocate. The reflection underscores how the series created relationships that extended far beyond the screen, with Cranston also noting plans to meet Mitte shortly before his death.
Kochi Corporation will launch a survey of public taps to identify those that are unused or illegally installed, in a move aimed at tightening control over water distribution and reducing avoidable billing losses. Officials also plan to geo-tag and meter public taps that remain in active use, signalling a shift toward more accountable municipal water management.
Anushka Yadav captured the hammer throw gold at the National Open Athletics Championships, delivering one of the standout field-event performances of the meet. Her victory underlined the growing depth in India’s women’s throws and added fresh momentum to the domestic athletics season.
Canada’s trade minister is leading the country’s biggest business delegation to India in 30 years, underscoring a renewed push to deepen commercial ties as free trade talks gather momentum. The mission, spanning aerospace, agri-food and other sectors, will focus on meetings in Mumbai and Bengaluru with an eye on partnerships, investment and market access.
Mumbai absorbed an early examination on a green-tinged pitch before captain Shardul Lad’s unbeaten 80 and a composed half-century from Musheer steadied the innings against Chandigarh in Ranji Trophy action. With Mhatre adding a useful contribution, the hosts turned a difficult start into a position of control after electing to bat first proved a sound call in testing conditions.
Tamil Nadu Chief Minister Vijay is scheduled to meet Andhra Pradesh Chief Minister N. Chandrababu Naidu today, with the Krishna water supply to Chennai expected to dominate discussions. The talks come at a sensitive moment, as low storage levels in the Srisailam, Somasila and Kandaleru reservoirs make a full release unlikely, raising the prospect of a partial compromise under the long-standing Telugu Ganga arrangement.
Andhra Pradesh’s commercial tax collections climbed 18% year-on-year to Rs 30,435.98 crore in April-September 2026, underscoring stronger compliance and improved economic activity across the state. Net GST collections also rose 18% to Rs 19,635.49 crore in the first half, with September delivering the highest monthly collection so far in the current fiscal year.
HDFC Bank and Kotak Mahindra Bank have each appointed a new chief executive, setting up one of the most significant leadership transitions in Indian banking this year. Anup Bagchi will take charge of HDFC Bank on October 26, while Anup Saha will assume the top role at Kotak Mahindra Bank from January 1, underscoring a broader succession reset at two of the country’s most closely watched lenders.
China’s yuan stayed close to a three-year high against the dollar on Monday, with the People’s Bank of China’s stronger-than-expected midpoint fixing and steady foreign exchange settlement helping offset pressure from elevated US Treasury yields. Analysts said the currency’s near-term path still points to only modest gains, as trade surpluses support the yuan while policy uncertainty and geopolitical tensions cap upside.
Prime Minister Narendra Modi on Tuesday shared a Sanskrit subhashitam that underscored the power and grace of the divine, framing the message in a way that blended spiritual reflection with public communication. The post drew attention for its cultural resonance and for the continuing use of classical Indian references in the Prime Minister’s digital outreach.
International Holding Company and First Abu Dhabi Bank are among the investors evaluating a stake in Bandhan Financial Services, the promoter entity of Bandhan Bank, according to people familiar with the matter. The move comes as early backers GIC and IFC seek an exit from their combined 30% holding, while BFSL works with Jefferies to attract strategic investors for a 25% to 32% sale.
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, compared with 11.9% growth a year earlier, underscoring resilient consumer borrowing demand and continued retail lending momentum.
