Entities managed by GQG Partners have reduced their combined holding in Adani Power to 5.72% from 5.74% after selling 50.39 lakh shares in on-market transactions, according to a disclosure. The move comes as the stock has gained 27.05% in 2026, with investor attention also fixed on the company’s expansion into Bhutanese hydropower.
Jaandaar and Iron Mirage have emerged as the leading contenders to settle the Villoo C. Poonawalla Pune Derby, with the race shaping up as a high-class test of stamina, pace judgment and finishing power. The contest has drawn attention not only for its prestige, but also for the way it appears to narrow the field to two runners with the clearest claims on form and profile.
Finance Minister Nirmala Sitharaman has dismissed concerns that the Merchant Discount Rate on select UPI transactions above Rs 2,000 will be passed on to consumers. She said the charge is borne by merchants, not the government, and stressed that it is neither a tax nor a cess. The clarification comes amid renewed scrutiny of digital payments costs and their possible effect on adoption in India’s fast-growing UPI ecosystem.
The second meeting of the Global Initiative on AI for Agricultural and Food Systems (GI-AI4FS) was held in New Delhi during IMC 2026, underscoring India’s bid to shape the global policy conversation on artificial intelligence in agriculture. The gathering brought together policymakers and sector stakeholders around a common agenda: using AI to improve productivity, resilience, and sustainability across food systems while managing governance and implementation risks.
The 57th meeting of the Goods and Services Tax Council has been postponed by one day and will now be held on October 8 at 11 am at the Summit Room, Bharat Mandapam, in New Delhi. An official memorandum attributed the change to unavoidable circumstances and informed members of the Council, while expressing regret for the inconvenience caused.
All 22 Indian crew members aboard a vessel involved in an incident off the United Arab Emirates coast have been rescued and are safe, according to the Indian Consulate. The development comes as authorities and diplomatic officials work to establish the circumstances of the maritime episode and ensure the crew’s welfare.
Nat Habit has raised Rs 142 crore in a Series C funding round led by Trident Growth Partners, marking a significant capital infusion for the beauty and personal care startup. The company said the fresh funds will support product expansion, wider distribution, and additional manufacturing capacity as it scales in India’s crowded consumer market.
Paramount Syntex’s Rs 82-crore initial public offering gained momentum on the second day of bidding, with overall subscription rising to 1.35 times on the BSE SME platform. The issue was led by exceptional qualified institutional buyer interest, even as retail participation remained modest and non-institutional demand stayed subdued.
Junior doctors at Osmania General Hospital have announced a protest for October 12, citing concerns over training standards and working conditions. According to an official strike notice issued on October 10, the demonstration will begin at 8:30 a.m. at the hospital’s main gate, signalling a fresh escalation in long-running tensions over medical education and workplace conditions.
The Prime Minister paid tribute to Maharaja Agrasen, invoking the legacy of a ruler widely associated with social welfare, enterprise, and community cohesion. The gesture comes amid continued public emphasis on cultural remembrance and the role of historical figures in shaping contemporary civic values.
Legendary value investor Michael Price’s approach is a reminder that the best opportunities often emerge where the market is least interested. His philosophy stresses independent research, emotional discipline and a willingness to buy undervalued businesses when consensus is wrong or incomplete. In an era dominated by screens, models and momentum trades, his warning against spreadsheet traps remains sharply relevant.
About 14 listed companies, including Tata Consultancy Services, Vedanta and Ola Electric Mobility, are set to turn ex-record date between October 12 and 16, bringing a cluster of corporate actions to the market in a single week. The slate includes dividends, bonus issues, rights issues, stock splits and share consolidations, creating a busy period for investors tracking payout eligibility and post-action price adjustments.
Indian Railways has announced 3,548 graduate-level Non-Technical Popular Categories (NTPC) vacancies, a move likely to intensify interest among aspirants seeking stable public-sector employment. The recruitment drive underscores the continued centrality of railway jobs in India’s labour market, where government posts remain among the most sought-after opportunities for educated youth.
The Reserve Bank of India is actively gathering feedback from regulators and lenders on the possible elevation of Anup Bagchi to the top job at HDFC Bank, according to people familiar with the matter. Bagchi, currently with ICICI Prudential Life, has emerged as a leading contender as the central bank weighs whether his three-year absence from mainstream banking should affect his eligibility.
A memorial endowment at The Music Academy in Chennai marked the enduring influence of violin maestro Lalgudi G. Jayaraman through a performance by H.K. Venkatram and B.U. Ganesh Prasad. The duet underscored how Lalgudi’s musical grammar continues to shape Carnatic violin performance across generations.
Musician Muthu’s latest track, 'Theeraa Theeraa,' underscores a career built on instinct, narrative craft, and a willingness to turn lived experience into song. From writing Sufi music in Uttar Pradesh to composing for Malayalam cinema, he has emerged as a distinctive voice bridging regional traditions with contemporary film music.
At a recent baithak, musicians and scholars examined the many forms of kajri within Purab Anga Gayaki and warned that the genre’s individuality is under pressure from homogenisation and performance shortcuts. The discussion framed kajri not as a seasonal ornament, but as a living tradition whose survival depends on careful transmission, regional memory, and artistic discipline.
All 22 Indian crew members aboard a vessel involved in an incident off the United Arab Emirates coast have been rescued and are safe, according to the Indian Consulate in Dubai. The development brings immediate relief after a maritime emergency in a strategically sensitive shipping corridor that handles heavy commercial traffic linking the Gulf and Indian Ocean.
Gold climbed to a one-week high on Friday as investors moved to lock in lower prices after the metal’s recent slide to a two-month trough. Spot gold was last seen near $4,190.49, putting it on course for a weekly advance as traders weighed the outlook for US interest rates and the risk that persistent inflation could keep bullion volatile.
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 sizable share of private credit deals reportedly priced below 18%, underscoring how quickly the market’s premium returns are eroding.
The NTR Vaidya Seva Trust has intensified oversight of its empanelled hospital network, penalising 203 hospitals for a range of irregularities and imposing fines totalling ₹34.39 crore over the past two years. The action also included disciplinary measures against 44 hospitals, among them 25 suspensions, signalling a sharper compliance push in one of India’s largest publicly supported health insurance systems.
The Reserve Bank of India is actively assessing Anup Bagchi as a leading contender for the chief executive role at HDFC Bank and has sought views from the insurance regulator and ICICI Bank on his suitability, according to people familiar with the matter. The review reflects concern over Bagchi’s roughly three-year gap from mainstream banking and comes as HDFC Bank’s own preference for Kaizad Bharucha would require regulatory flexibility on tenure norms.
The GST Council is set to examine whether an 18% goods and services tax should apply to merchant fees linked to UPI transactions above Rs 2,000, according to a report. The discussion comes as the government prepares to roll out a 0.4% merchant discount rate from October 15, capped at Rs 300, with merchants expected to be able to claim input tax credit on the GST paid.
YourStory has launched ShuruKar, a nationwide initiative designed to help aspiring founders move from spotting a local problem to securing their first customer. The programme combines AI-enabled tools, mentorship from operators and investors, and local networks to widen access to startup support beyond India’s major hubs.
The Directorate of Revenue Intelligence has dismantled a cross-border gold smuggling network operating in eastern India, seizing more than 7.8 kilograms of foreign-origin gold and arresting six people. The operation underscores the continuing use of eastern land routes for illicit bullion movement from Bangladesh into India, a trade driven by price differentials, porous borders and organized courier chains.
Indian information technology shares surged on Friday, led by a 4.2% jump in Tata Consultancy Services, as investors looked past renewed US immigration restrictions and instead focused on improving demand signals. The rally also reflected relief after OpenAI lifted parts of its revenue outlook, easing fears that artificial intelligence could abruptly undercut traditional IT services.
Telangana Transport Minister Ponnam Prabhakar has challenged BJP state president N. Ramchander Rao to set a date for producing voters who claim they were denied their voting rights, along with documentary proof. The remarks sharpen an already charged political exchange over voter claims and the credibility of allegations being made in the state.
Mike Flanagan’s new adaptation of Stephen King’s ‘Carrie’ leans less on Gothic dread than on teenage volatility, producing a brisk and engaging drama that is as much about social cruelty as supernatural terror. While the conspiracy thread does not fully land, the series remains propulsive and emotionally alert, with Flanagan again proving adept at locating human feeling inside genre machinery.
India’s government bond rally may be entering a consolidation phase, but market watchers say the broader downtrend in yields remains intact. The benchmark 10-year government security, which spent much of 2015 and early 2016 trapped in an 8-7.5 percent band, has already broken lower after the Reserve Bank of India signalled in April that it would work to reduce the banking system’s liquidity deficit.
Nine listed companies have rallied as much as 37% over the past three months even as mutual funds increased their holdings in roughly 44 names during the September quarter, according to market data. The pattern highlights a selective shift in institutional positioning, with fund managers adding exposure to several counters despite weak near-term price performance across much of the basket.
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 footprint. The licence strengthens the company’s ability to serve merchants and businesses through its last-mile network, while complementing RNFI Services’ recent in-principle authorisation to operate as a Payment Aggregator–Physical.
Quantum has emerged as the latest name drawing attention in India’s cricket conversation, with observers noting the growing interest around the player’s form, temperament and potential fit in a rapidly evolving competitive landscape. While the full scale of the breakthrough is still unfolding, the early signs suggest a cricketer capable of forcing selectors, coaches and fans to take notice.
Finance Minister Nirmala Sitharaman has sought to calm confusion around the Merchant Discount Rate on select UPI transactions, saying the charge is borne by merchants and will not be passed on to consumers. She also stressed that the levy is not a tax, cess or surcharge, but a payment-processing cost applicable only to certain transactions above Rs 2,000.
YourStory’s latest Lateral Sparks edition turns the spotlight on the practical dilemmas that shape startup outcomes, blending design thinking, artificial intelligence, and business impact into a test of judgment rather than rote knowledge. The quiz asks participants to think like founders confronting real-world trade-offs, underscoring how creativity increasingly sits at the center of startup strategy in India.
Kidwai Memorial Institute of Oncology has said its home-based palliative care programme in Karnataka has reached more than 3,000 patients and caregivers, underscoring the growing role of community-level support for people living with life-limiting illnesses. Marking World Hospice and Palliative Care Day, the institute highlighted home visits, symptom relief and bereavement support as part of a model that extends care beyond hospital walls.
A political row escalated on Saturday after Delhi police personnel were seen entering the Bangla Sahib gurdwara premises with shoes on, triggering sharp criticism from Punjab Chief Minister Bhagwant Mann. Mann described the conduct as “Taliban-like,” arguing that the episode reflected a disregard for Sikh religious sensitivities. The controversy comes against the backdrop of police action during demonstrations against the Chief Election Commissioner, when some protesters reportedly sought refuge inside the shrine.
India is witnessing two sharply contrasting realities: women athletes are delivering historic performances on global stages, while young women across the country are again taking to the streets to demand safety, dignity and the freedom to live without fear. The moment captures both the promise of women’s progress and the unfinished struggle for basic rights at home.
Sidharatha Mishra, a nearly three-decade ICICI Bank veteran, is set to take over as Chief Operating Officer and Chief Executive Officer of ICICI Lombard General Insurance, marking a significant leadership transition at one of India’s largest private insurers. His elevation follows the exit of Anup Bagchi after a three-year stint that helped strengthen the company’s operating and strategic footing.
Former Bengaluru police commissioner and BJP leader Bhaskar Rao has asked the Union Home Secretary for a thorough verification of YouTuber and commentator Dhruv Rathee’s nationality and visa conditions, escalating a politically charged dispute linked to the SIR protest. The move adds a legal and administrative dimension to an already contentious public debate over identity, residency, and the boundaries of political speech.
Equitas Small Finance Bank Managing Director and Chief Executive Officer has urged policymakers to design more targeted support for micro and trading MSMEs, arguing that the segment remains especially vulnerable to high borrowing costs and uneven cash flows. He said the government could consider subsidising interest on loans as one practical way to ease pressure on small businesses that are critical to employment and local commerce.
NABVENTURES, the venture capital arm backed by NABARD, has announced the first close of its second fund at Rs 450 crore as it steps up support for early- and growth-stage startups in rural and agritech markets. The fundraising comes at a time when venture capital deployment in the sector has slowed, underscoring continued investor interest in businesses tied to agriculture, rural productivity and supply-chain efficiency.
Most Indian new-age technology stocks advanced this week as benchmark indices snapped an eight-week losing streak, even as a midweek sell-off briefly tested sentiment. MobiKwik led the pack with a sharp 25% rise, while PhysicsWallah climbed 20%, underscoring renewed selective appetite for consumer internet and digital platform names. The move reflects a broader relief rally in risk assets, though investors remain cautious about valuations, profitability timelines and the durability of the rebound.
Investors often gravitate toward products that appear to offer the best returns at any given moment, but that instinct can lead to poor timing, excessive risk, and disappointing long-term outcomes. In wealth creation, the more durable edge usually comes from matching products to goals, time horizon, and risk tolerance rather than chasing whatever has recently outperformed.
Long before his high-profile appearance in Rajinikanth's 'Kaala,' Nana Patekar had already made a notable, if often overlooked, foray into Tamil cinema through Bharathiraja's 'Bommalattam.' The film remains a revealing example of how major Indian actors have crossed linguistic borders to work with auteurs whose reputations rest on regional storytelling and social realism.
Automation could threaten as much as 69% of jobs in India, according to World Bank-based research cited in a fresh warning on the pace of technological disruption across emerging markets. The assessment places India among the most exposed major economies, underscoring the urgency for reskilling, productivity upgrades and policy support as artificial intelligence and automation spread through manufacturing, services and routine white-collar work.
Delhi Chief Minister Rekha Gupta launched a sharp political attack on the Aam Aadmi Party and Congress, accusing them of functioning as the “B-team” of the Communist Party of India (Marxist) and of promoting disorder under the cover of democratic politics. Her remarks signal a hardening of the ruling party’s posture as it seeks to frame the opposition as disruptive rather than constructive. Gupta said her party would fight decisively against forces that challenge the public mandate.
Hoblidhar produced a commanding finish to win the 100m, underlining a notable return to competitive sharpness after a period away from peak prominence. The result adds a timely boost to his campaign and reopens the conversation around his place among India’s sprinting contenders.
Amravati-based archer Kumkum is emerging as one of India’s promising young names in the sport, with a clear-eyed focus on the Los Angeles 2028 Olympics. While she draws inspiration from cricket icon Virat Kohli’s discipline and work ethic, her own approach remains rooted in routine, patience and long-term preparation rather than hype. Her story reflects the growing depth of India’s archery pipeline and the mental demands of competing at the elite level.
India’s used-car market is increasingly being reshaped by digital platforms that bundle financing into the purchase journey, offering pre-approved loans with clearer pricing and fewer administrative delays. As buyers become more cost-conscious, the appeal of transparent charges, faster eligibility checks and integrated documentation is challenging the traditional bank-led model.
Prime Minister Narendra Modi on Thursday paid tribute to social reformer and rural development icon Nanaji Deshmukh on his birth anniversary, underscoring the relevance of his ideas in India’s governance and development agenda. The remembrance placed renewed emphasis on self-reliant villages, community-led progress, and the moral dimension of public policy.
