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🇮🇳India Edition • Calendar Week 2

October 2026 — Week 2

Week 2 (Oct 08 – Oct 14) (2026/10/08 to 2026/10/14)

Weekly Stories2,775Page 25 of 56
Markets, IPOs & WealthBreaking
12 Oct 2026, 08:53 PM IST

Zetwerk Sets IPO Price Band at Rs 143-151, Targets Rs 5,012 Crore Raise

Bengaluru-based manufacturing and supply-chain platform Zetwerk has expanded its initial public offering and fixed a price band of Rs 143 to Rs 151 per share, aiming to raise Rs 5,012 crore. At the top end of the band, the company is seeking a valuation of Rs 25,583 crore, underscoring investor appetite for scaled-up industrial tech businesses even as public markets remain selective on profitability and growth quality.

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India Sports & CricketBreaking
12 Oct 2026, 08:53 PM IST

Factionalism Returns to the BFI as Governance Fault Lines Deepen

The Boxing Federation of India is once again facing internal turbulence, with factional tensions threatening to overshadow the sport’s administrative agenda. The latest flare-up underscores persistent governance concerns at a time when Indian boxing is seeking stability, competitive continuity and institutional credibility.

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National Governance & PolicyBreaking
12 Oct 2026, 09:14 PM IST

Narayanpet, Nagarkurnool Win National Recognition for Farm Development Under PM Dhan-Dhaanya Krishi Yojana

Narayanpet and Nagarkurnool districts in Telangana have received national recognition for their performance in agricultural development under the Pradhan Mantri Dhan-Dhaanya Krishi Yojana, underscoring the Centre’s push to reward district-level gains in farm productivity and rural resilience. The recognition places a spotlight on a policy model that seeks to combine targeted investment, local planning and measurable outcomes in agriculture.

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India Entertainment & CultureBreaking
12 Oct 2026, 09:14 PM IST

Chennai’s Amateur Singers Turn Nostalgia Into a Citywide Community

Across Chennai, a growing circle of amateur singers is gathering regularly for informal singalongs powered by Tamil music nostalgia and a shared appetite for community. Organised through Paadarivom Padipparivom and coordinated via an app, the movement reflects how digital tools are reshaping local cultural participation without diluting its grassroots character.

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Banking, Fintech & InsuranceBreaking
12 Oct 2026, 09:14 PM IST

Government Evaluates Revised Bids for IDBI Bank Stake Sale, Sources Say

The Indian government is evaluating revised financial bids from Fairfax Financial Holdings and Emirates NBD for the proposed sale of a 60.72% stake in IDBI Bank, according to sources familiar with the process. The transaction, one of the country’s most closely watched privatisation efforts, is moving at a steady pace as officials review the offers and advance the strategic disinvestment process.

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Markets, IPOs & WealthBreaking
12 Oct 2026, 09:14 PM IST

Zetwerk Sets ₹143-₹151 IPO Band for ₹5,012 Crore Public Issue

B2B manufacturing platform Zetwerk has fixed a price band of ₹143 to ₹151 per share for its upcoming initial public offering, a ₹5,012 crore issue that will test investor appetite for India’s industrial-tech and contract manufacturing story. The offering comes at a time when the company is seeking to deepen its capital base and position itself as a scaled digital manufacturing player in a market increasingly focused on profitability, execution and supply-chain resilience.

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National Governance & PolicyBreaking
12 Oct 2026, 09:14 PM IST

Isolation Wards Project to Be Investigated, Muraleedharan Says

An expert team led by the Principal Secretary (Health) will investigate the isolation wards project, according to Muraleedharan, signalling official scrutiny of the initiative. The review is expected to examine implementation, compliance, and the broader policy rationale behind the project amid growing attention to public health preparedness.

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Startups & Venture CapitalBreaking
12 Oct 2026, 09:14 PM IST

World Mental Health Day Puts AI, Screen Time and Meditation Under the Lens

On World Mental Health Day, Gurudev Sri Sri Ravi Shankar framed the debate around a modern paradox: technology can expand human capability, but it can also erode attention, creativity and emotional balance when used without restraint. His remarks come as startups, founders and knowledge workers confront rising burnout, digital fatigue and the challenge of preserving human connection in an AI-driven economy.

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Banking, Fintech & InsuranceBreaking
12 Oct 2026, 09:34 PM IST

IIT Bombay Warns UPI MDR Plan Could Erode Public Trust Without Careful Recalibration

An IIT Bombay report has cautioned that the proposed merchant discount rate framework for UPI could damage public confidence if implemented in its current form. The study argues that policymakers must rationalise the structure carefully to avoid negative sentiment around India’s most widely used digital payments platform.

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Banking, Fintech & InsuranceBreaking
12 Oct 2026, 09:34 PM IST

Axis Bank Seeks to Double Its Rs 8,688 Crore Data Centre Exposure as AI Demand Accelerates

Axis Bank is preparing to significantly expand its lending to India’s data centre sector, with exposure expected to double over the next three years from Rs 8,688 crore, according to the broad thrust of the bank’s strategy. The move reflects rising demand for large-scale computing infrastructure as artificial intelligence adoption gathers pace, while also highlighting the growing role of banks in financing the digital economy. The opportunity is being shaped by supportive government policy and a stronger investment case for data centres, but lenders still face risks tied to execution, power availability, and the capital-intensive nature of the business.

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India Entertainment & CultureBreaking
12 Oct 2026, 09:34 PM IST

Crunchyroll Manga Launches in India With 250+ Titles, Deepening Anime Ecosystem

Crunchyroll has expanded its digital entertainment footprint in India with the launch of Crunchyroll Manga, giving subscribers access to more than 250 manga titles from leading publishers. The move creates a single destination for fans to read manga and stream anime adaptations, strengthening the company’s integrated content strategy in one of the world’s fastest-growing fandom markets.

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Banking, Fintech & InsuranceBreaking
12 Oct 2026, 09:34 PM IST

Banks Seek RBI Relief on Rupee-Defence Rules as Hedging Costs and Liquidity Pressures Mount

Banks have asked the Reserve Bank of India to revise the 20% cash deposit requirement tied to certain foreign-exchange hedges, proposing a flat fee instead for current-account hedging. Lenders say the change would ease liquidity strain while preserving cost transparency, and they are also seeking clarity on the $2 million threshold and on hedges linked to interest payments on foreign loans.

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India Entertainment & CultureBreaking
12 Oct 2026, 09:55 PM IST

TechSparks 2026 Expands Speaker Lineup as YourStory Adds Voices from AI, Aviation, Policy and Entertainment

With just two days remaining before TechSparks 2026 opens, YourStory has broadened the summit’s speaker roster with new names spanning artificial intelligence, enterprise technology, aviation, policymaking, diplomacy and entertainment. The additions underscore the event’s positioning around “The New Tech Order,” signaling a wider conversation on how technology is reshaping business, governance and culture in India.

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India Sports & CricketBreaking
12 Oct 2026, 09:55 PM IST

ICC Unveils 2027 ODI World Cup Schedule as India Open Against Australia in Cape Town

The ICC has set out the framework for the 2027 ODI World Cup, with India beginning its campaign on October 7 against Australia in Cape Town. The tournament schedule and venue map sharpen the strategic stakes for India, which will again be expected to contend for the title in a global event spread across South Africa, Zimbabwe and Namibia.

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Markets, IPOs & WealthBreaking
12 Oct 2026, 09:55 PM IST

Moneyview Shares Jump 93% in Seven Sessions as Investors Weigh Growth Against Asset Quality

Moneyview’s stock has surged 93% from its IPO price in just seven trading sessions, underscoring strong early investor appetite for the digital lending platform. The rally, however, now faces a more demanding test: whether the company can sustain rapid growth while preserving asset quality, profitability and cash generation.

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India Entertainment & CultureBreaking
12 Oct 2026, 09:55 PM IST

'Below' Review: A Creature Feature With Teeth, Place, and Purpose

The mini-series 'Below' turns a familiar monster premise into something sharper and more resonant by anchoring its horror in a specific place and the social tensions that come with it. Beyond the thrills, the series uses its creature to explore exploitation, displacement, and the uneasy feeling of being made a stranger in one’s own home.

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India Entertainment & CultureBreaking
12 Oct 2026, 10:15 PM IST

Mysuru to Host Nine-Day Craft Confluence from October 11, Showcasing India’s Handicraft Economy

Mysuru will host a nine-day craft confluence beginning October 11, positioning the city as a national platform for artisans, buyers, and policy stakeholders in India’s handicraft sector. The event is expected to highlight the commercial and cultural value of traditional crafts while reinforcing the government’s broader push to support rural livelihoods and heritage-based enterprise.

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India Sports & CricketBreaking
12 Oct 2026, 10:15 PM IST

Tanush Kotian Pushes India Test Case with Another Strong Ranji Season

Tanush Kotian is once again positioning himself for higher honours after a standout domestic campaign that has kept him firmly in India’s red-ball conversation. The 27-year-old all-rounder, who earned a maiden India call-up during the Border-Gavaskar Trophy as a replacement for R. Ashwin, now has another Ranji Trophy season to strengthen his claim.

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Banking, Fintech & InsuranceBreaking
12 Oct 2026, 10:15 PM IST

RBI Rate Hike Pushes Up Borrowing Costs as Home Loan EMIs Rise

The Reserve Bank of India has raised policy rates, a move that will feed through to borrowing costs for households and businesses, including auto buyers and EV financiers. The monetary policy committee voted unanimously for the increase and adopted a stance of calibrated tightening, while Governor Sanjay Malhotra signaled that rate cuts are not under consideration for now.

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Banking, Fintech & InsuranceBreaking
12 Oct 2026, 10:15 PM IST

HDFC Bank names Anup Bagchi as CEO, elevating ICICI veteran to lead India’s largest private lender

HDFC Bank has appointed Anup Bagchi as managing director and chief executive officer, with the appointment taking effect on October 27, 2026, subject to the Reserve Bank of India’s approval already in place. Bagchi, who is returning to banking after a three-year stint at ICICI Prudential Life Insurance, will also join the board as an additional director. The move signals continuity with a seasoned operator who has worked across retail, corporate and investment banking, as the lender navigates a highly competitive and closely watched phase in Indian banking.

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Banking, Fintech & InsuranceBreaking
12 Oct 2026, 10:15 PM IST

HDFC Bank Names ICICI Veteran Anup Bagchi as Managing Director and CEO

HDFC Bank has appointed Anup Bagchi, a long-serving ICICI Bank executive with more than three decades of experience across banking, insurance and financial services, as its new Managing Director and Chief Executive Officer. The appointment, effective October 27, follows Reserve Bank of India approval and comes as the lender prepares for a leadership transition from Sashidhar Jagdishan, whose term ends on October 26.

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India Entertainment & CultureBreaking
12 Oct 2026, 10:36 PM IST

‘Below’ Review: A Creature Feature That Turns Displacement Into Pure Thrills

The mini-series 'Below' is more than a well-built monster story: it uses its creature feature framework to probe exploitation, displacement and the uneasy politics of place. By anchoring the horror in a specific local setting, the series gives its scares unusual emotional weight while delivering a monster that is as ferocious as it is memorable.

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India Sports & CricketBreaking
12 Oct 2026, 10:36 PM IST

Akash Deep Returns Fit and Firing as India Pace Plans Gain Fresh Depth

Akash Deep’s recovery from injury has given India’s fast-bowling group a timely boost, with the right-arm seamer now declaring himself ready to bowl at full intensity again. His return matters not just as a personal comeback, but as a reinforcement to a pace unit that has been stretched by workload, rotation and fitness concerns across formats.

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Banking, Fintech & InsuranceBreaking
12 Oct 2026, 10:36 PM IST

Rupee Rebounds Nearly 1% as RBI Steps In to Curb Speculative Currency Trades

The rupee recovered nearly 1% on Monday to close at 95.77 per dollar after the Reserve Bank of India moved to restrain speculative trading in the currency market. A special window for state-owned oil marketing companies helped ease pressure in the spot market, although persistent dollar demand from importers and corporates limited the extent of the rebound.

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Banking, Fintech & InsuranceBreaking
12 Oct 2026, 10:36 PM IST

SBI Economists Urge Scrapping Long-Term Capital Gains Tax on Equities to Support Market Stability

State Bank of India economists have called for the removal of long-term capital gains tax on equities, arguing that India needs stronger incentives to retain domestic and foreign capital in its stock market. The recommendation comes as foreign portfolio investors have pulled out more than Rs 3 lakh crore this year, intensifying concerns over valuation, liquidity, and the absence of a credible domestic AI-led growth narrative.

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Automotive, EVs & MobilityBreaking
12 Oct 2026, 10:36 PM 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, underscoring steady momentum in its lending and income profile. Gross income rose 4.40% to Rs. 270.82 crore, while interest income climbed 9.73% to Rs. 214.94 crore, supporting a profit before tax of Rs. 127.77 crore and net profit of Rs. 92.23 crore.

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Banking, Fintech & InsuranceBreaking
12 Oct 2026, 10:57 PM IST

India Benchmark Bond Sinks as RBI Liquidity Moves Trigger Sharpest Selloff in Six Months

Indian government bonds suffered their steepest one-day decline in six months after the Reserve Bank of India stepped up measures to drain liquidity from the banking system. The benchmark 10-year yield climbed to a three-year high, while hotter-than-expected inflation reinforced expectations that monetary policy may stay tight for longer.

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Markets, IPOs & WealthBreaking
12 Oct 2026, 10:57 PM IST

Steel Stocks Rise After Government Extends Minimum Import Price on 66 Products

Indian steel and metal stocks advanced in late trade after the government extended the minimum import price regime on 66 steel products, a move seen as supportive for domestic producers facing import competition. Shares of Hindustan Zinc, Hindalco, Jindal Steel, JSW Steel and Tata Steel each gained more than 1 percent from the previous close, reflecting a broad market response to the policy signal.

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Banking, Fintech & InsuranceBreaking
12 Oct 2026, 10:57 PM IST

Bank Deposit Rates Ease in August Even as Fresh Lending Costs Rise

Indian banks cut the weighted average rate on fresh rupee term deposits to 5.67% in August, while the average rate on new loans climbed to 8.61%, underscoring a widening divergence in funding and lending conditions. The shift was visible across both public and private lenders, with personal loans showing the sharpest upward pressure among loan categories.

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India Entertainment & CultureBreaking
12 Oct 2026, 10:56 PM IST

‘Primetime’ Review: Robert Pattinson Is Fiendishly Good in Lance Oppenheim’s Savage, Seductive Autopsy of Televised Virtue

Lance Oppenheim’s “Primetime” turns the camera back on the culture of televised self-display, exposing how virtue can be packaged, performed, and sold. Anchored by a ferociously controlled performance from Robert Pattinson, the film is both a critique of exploitation and a work of it, making for one of the year’s most unnerving and entertaining watches.

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India Sports & CricketBreaking
12 Oct 2026, 10:56 PM IST

ICC ODI World Cup 2027: Full Schedule, Venues and India’s Path Begins Against Australia in Cape Town

The ICC Men’s ODI World Cup 2027 is set to open with India facing Australia in Cape Town on October 7, 2027, immediately placing one of cricket’s fiercest rivalries at the centre of the tournament. The schedule and venue map will shape not only India’s campaign but also the competitive balance of a World Cup spread across South Africa, Zimbabwe and Namibia.

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India Sports & CricketBreaking
12 Oct 2026, 10:56 PM IST

Hyderabad Close In on Victory as Tripura’s Second-Innings Resistance Falters

Hyderabad moved to the brink of victory after Tripura’s batting order unraveled in the second innings, leaving the visitors under mounting pressure to survive the final phase of the contest. The collapse shifted the match decisively toward Hyderabad, who now hold the upper hand with the game entering its decisive stretch.

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National Governance & PolicyBreaking
12 Oct 2026, 11:17 PM IST

Arlekar Named Full-Time Governor of Tamil Nadu as Centre Recasts Key Raj Bhavan Posts

The Centre has announced a fresh round of gubernatorial appointments, naming Arlekar as the full-time Governor of Tamil Nadu and Sudha Yadav to take charge in Karnataka. The reshuffle also places O.P. Mathur in Kerala, Braj Mohan Ram in Odisha, Dhal Singh Bisen in Uttarakhand, and former BJP general secretary Dushyant Gautam in Sikkim, signalling a broad reset across several Raj Bhavans.

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India Sports & CricketBreaking
12 Oct 2026, 11:17 PM IST

Karnataka Open Ranji Campaign Against Andhra With New Leadership Under Scrutiny

Karnataka begin their Ranji Trophy campaign against Andhra with a fresh leadership structure that places immediate pressure on captain Smaran and head coach Vinay Kumar. The opening fixture will offer an early measure of how quickly the side can settle after a transition that combines inexperience in the dugout with a captain making his debut in the role.

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Banking, Fintech & InsuranceBreaking
12 Oct 2026, 11:17 PM IST

HDFC Bank proposes up to Rs 35.9 crore for incoming chief Anup Bagchi, setting a new bar for bank CEO pay

HDFC Bank has proposed an annual compensation package of up to Rs 35.90 crore for incoming chief executive Anup Bagchi, with performance-linked stock awards potentially lifting the total to Rs 43.24 crore. If approved, the package would place Bagchi among the highest-paid bank leaders in India and mark a sharp step up from the remuneration of outgoing CEO Sashidhar Jagdishan.

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Markets, IPOs & WealthBreaking
12 Oct 2026, 11:17 PM IST

Why Chasing the Highest Returns Can Hurt Wealth Creation

Investors often gravitate toward products that have recently delivered the strongest returns, but that instinct can be costly. In markets, the best-performing asset is rarely the best next purchase, and disciplined allocation usually matters more than short-term performance chasing.

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India Sports & CricketBreaking
12 Oct 2026, 11:17 PM IST

Deshpande Hat-Trick Floors Chandigarh as Mumbai Seizes Full Control in Ranji Trophy Clash

Shams Mulani Deshpande produced a devastating hat-trick to dismantle Chandigarh and put Mumbai firmly in command of their Ranji Trophy 2026-27 contest. Chasing a daunting 429, the hosts were bundled out for a meagre 78 in just 115 balls, before the seamer struck again in the only over of the second innings to tighten Mumbai’s grip further.

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Automotive, EVs & MobilityBreaking
12 Oct 2026, 11:17 PM IST

Astana Financial Hub Eyes Partnership With GIFT City as Kazakhstan, India Deepen Market Links

The Astana International Financial Centre is exploring collaboration with India’s GIFT City, a move that could strengthen cross-border financial services and investment flows between Kazakhstan and India. The discussion underscores how both hubs are positioning themselves as gateways for regional capital, with AIFC leveraging its Central Asian reach and GIFT City expanding its role in India’s international financial architecture.

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Macro Economy & Fiscal PolicyBreaking
12 Oct 2026, 11:17 PM IST

Gujarat to Release Kadana Dam Water as Rainfall Deficit Threatens Kharif Crops

Gujarat is preparing to release water from Kadana Dam to cushion Kharif crops after an acute rainfall shortfall in early October. The state received just 0.3 mm of rain between October 1 and 10, far below the seasonal average of 11 mm, leaving a deficit of about 97% and intensifying concern over crop stress in key agricultural belts.

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National Governance & PolicyBreaking
12 Oct 2026, 11:38 PM IST

Piyush Goyal Urges India, UK to Double Bilateral Trade by 2030

Commerce and Industry Minister Piyush Goyal has called for a sharp expansion in India-UK economic ties, setting a clear ambition to double bilateral trade by 2030. The push comes as New Delhi seeks to deepen market access, attract investment, and convert a long-discussed partnership into measurable commercial gains.

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Markets, IPOs & WealthBreaking
12 Oct 2026, 11:38 PM IST

Quant Mutual Fund Sells Rs 190 Crore Jubilant Pharmova Stake as Company Lines Up Rs 800 Crore Fundraise

Quant Mutual Fund has pared its holding in Jubilant Pharmova through a block deal worth Rs 190.47 crore, selling 20.81 lakh shares even as Abakkus Four2Eight Opportunities Fund stepped in to buy 11 lakh shares. The transaction comes at a sensitive moment for the pharmaceutical company, which has approved plans to raise up to Rs 800 crore via non-convertible debentures and is seeking broader authorisation for debt issuance.

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National Governance & PolicyBreaking
12 Oct 2026, 11:38 PM IST

Over 3.85 Lakh RTI Cases Still Pending Across 28 Information Commissions, Report Finds

India’s information commissions continued to face a heavy backlog as of June 30, 2026, with 3,85,716 appeals and complaints pending across 28 commissions, according to a new performance report. While the figure is lower than the 4,13,972 pending cases recorded in 2025, the report underscores persistent delays that continue to weaken the Right to Information system’s promise of timely accountability.

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India Entertainment & CultureBreaking
12 Oct 2026, 11:37 PM IST

Before 'Kaala,' Nana Patekar Had a Quiet Tamil Turn in Bharathiraja’s 'Bommalattam'

Long before his high-profile appearance in Rajinikanth’s 'Kaala,' Nana Patekar had already left a mark on Tamil cinema through Bharathiraja’s 'Bommalattam,' a film that remains one of the more overlooked cross-industry collaborations in his career. The project is a reminder of how major Indian actors often build parallel legacies outside their primary language industries, even when those performances are later eclipsed by bigger commercial releases.

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Macro Economy & Fiscal PolicyBreaking
12 Oct 2026, 11:37 PM IST

North-Eastern Monsoon Nears as Heavy Rain Threatens Southern India Amid El Niño Uncertainty

Heavy rain is forecast across Tamil Nadu, Kerala, Karnataka and coastal Andhra Pradesh as the north-eastern monsoon approaches, raising immediate concerns for transport, agriculture and urban drainage. The outlook carries added significance for macroeconomic planning because a super El Niño is expected to influence the 2026 monsoon cycle, even as long-run data suggest El Niño years since 1976 have often delivered higher seasonal rainfall than the 1950-1976 period.

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National Governance & PolicyBreaking
12 Oct 2026, 11:37 PM IST

Dasara Rush Lifts Bookings in Kodagu and Chikkamagaluru as Holiday Demand Surges

Nearly half of homestays and hotels in Karnataka’s Kodagu and Chikkamagaluru districts have been booked ahead of the Dasara holiday rush, signalling a strong seasonal rebound for the hill tourism economy. The surge reflects concentrated demand from domestic travellers seeking short-break destinations, even as operators brace for last-minute bookings and peak-period congestion.

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Banking, Fintech & InsuranceBreaking
12 Oct 2026, 11:58 PM IST

GST Council to Review 18% Levy on UPI Merchant Fees as October 15 MDR Plan Nears

The GST Council is set to examine whether an 18% goods and services tax should apply to merchant discount fees linked to UPI transactions above Rs 2,000, according to a report. The discussion comes ahead of a government-backed 0.4% merchant discount rate, capped at Rs 300, that is slated to take effect from October 15 and would be treated as a taxable service, with merchants eligible to claim input tax credit.

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Markets, IPOs & WealthBreaking
12 Oct 2026, 11:58 PM IST

Moneyview Shares Jump 93% in Seven Sessions as Investors Weigh Growth Against Asset Quality

Moneyview’s stock has surged 93% from its IPO price in just seven trading sessions, reflecting strong early market enthusiasm for the digital lending platform. But analysts caution that the rally will ultimately be tested by the company’s ability to sustain revenue growth, expand loan disbursals, protect margins and preserve asset quality in a competitive credit market.

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