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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 32 of 56
Banking, Fintech & InsuranceBreaking
11 Oct 2026, 05:05 PM IST

PNB Rolls Out Festive Retail Loan Campaign With Fee Waivers, Rate Cut

Punjab National Bank has launched a 2026 festive retail loan campaign offering concessions across home, car and other consumer loans, in a move aimed at lifting borrowing demand during the holiday season. The package includes a full waiver of upfront and processing fees on home loans, a 5-basis-point rate concession, and a full fee waiver on car loans.

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National Governance & PolicyBreaking
11 Oct 2026, 05:05 PM IST

Prime Minister Pays Tribute to Maharaja Agrasen, Underscoring Legacy of Social Welfare and Enterprise

Prime Minister Narendra Modi on Sunday paid tribute to Maharaja Agrasen, invoking the ancient ruler’s legacy of social welfare, community service, and economic self-reliance. The gesture, while ceremonial, carried political and cultural significance by reaffirming the government’s emphasis on inclusive development and respect for India’s civilizational traditions.

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National Governance & PolicyBreaking
11 Oct 2026, 05:05 PM IST

Belagavi Police Raid Over 40 Bars, Pubs and Clubs in Crackdown on Liquor and Noise Violations

Police teams led by Commissioner Prakash Nikam carried out coordinated raids across more than 40 bars, pubs and clubs in Belagavi, uncovering instances of alcohol being served to minors and violations linked to loudspeaker use. The operation signals a sharper enforcement push on licensing, public order and underage drinking in one of Karnataka’s fast-growing urban centres.

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Macro Economy & Fiscal PolicyBreaking
11 Oct 2026, 05:05 PM IST

Overseas Buying Lifts Orthodox Tea Prices at Kochi Auctions as Pending Payments Clear

Orthodox tea prices firmed at Kochi auctions after overseas buyers returned to the market, with traders linking the renewed demand to the settlement of pending payments from earlier sales. The improvement in cash flow has enabled fresh orders to be placed, giving a timely lift to auction sentiment in a sector closely watched for export demand signals.

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National Governance & PolicyBreaking
11 Oct 2026, 05:05 PM IST

Uttar Pradesh Cabinet Approves Proposal to Name Jewar Airport After Prime Minister Narendra Modi

The Uttar Pradesh Cabinet has approved a proposal to name the upcoming Jewar airport after Prime Minister Narendra Modi, advancing a politically significant branding decision for one of India’s most closely watched infrastructure projects. The proposed name, Narendra Modi International Airport Noida Jewar, comes as the first phase of the airport is being built with one runway and one passenger terminal designed to handle 12 million passengers annually.

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Macro Economy & Fiscal PolicyBreaking
11 Oct 2026, 05:26 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 the state’s early-October rainfall deficit widened sharply. Between October 1 and 10, the state received just 0.3 mm of rain against a seasonal average of 11 mm, a shortfall of about 97%, intensifying concerns for standing crops and irrigation reliability. The move underscores the pressure on water managers to balance immediate agricultural needs with reservoir conservation as the monsoon withdrawal period leaves large parts of the state exposed to dry conditions.

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India Sports & CricketBreaking
11 Oct 2026, 05:26 PM IST

Bengaluru FC Edge Stubborn SC Delhi in Entertaining ISL Opener

Bengaluru FC opened their Indian Super League campaign with a hard-fought win over SC Delhi in a lively season opener that combined pace, pressure and late-game tension. The result underlined Bengaluru’s greater composure in key moments, even as Delhi showed enough resilience to suggest they will be competitive this season.

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Banking, Fintech & InsuranceBreaking
11 Oct 2026, 05:26 PM IST

RBI Tightens Forex Derivative Rules, Curbing Rebooking and Low-Exposure Trades

The Reserve Bank of India has moved to tighten oversight of rupee-linked foreign exchange derivatives, sharply limiting the rebooking of cancelled contracts and reducing the threshold for trades without underlying exposure to $5 million from $100 million. The central bank has also added stricter checks for hedging activity and imposed a 20% cash reserve requirement on certain transactions, signalling a tougher stance on speculative use of the market.

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Startups & Venture CapitalBreaking
11 Oct 2026, 05:26 PM IST

Uttar Pradesh Cabinet Clears Startup Procurement Scheme to Open Government Markets

The Uttar Pradesh cabinet has approved a startup procurement scheme designed to make it easier for young companies to sell products and services to state government departments. The move is intended to widen market access for local startups, reduce entry barriers in public procurement, and strengthen the state’s emerging innovation ecosystem.

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Startups & Venture CapitalBreaking
11 Oct 2026, 05:26 PM IST

Amazon, Flipkart Post Strong Opening to 2026 Festive Sales as Non-Metro Demand Surges

Amazon and Flipkart have reported a robust start to India’s 2026 festive shopping season, with both platforms citing unusually strong day-one activity and heavy participation from shoppers in non-metro markets. Amazon said products ordered rose 100% year on year, while Flipkart said it hit peak traffic of 6.3 million concurrent users per minute, underscoring the scale of online retail demand at the start of the season.

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Macro Economy & Fiscal PolicyBreaking
11 Oct 2026, 05:26 PM IST

India Unveils Steel Policy Targeting 604 Million-Tonne Capacity by 2047

India has unveiled a long-term steel policy that sets an ambitious target of 604 million tonnes of installed capacity by 2047, aligning the sector with the country’s broader industrial and infrastructure expansion plans. The framework also places unusual emphasis on cutting emissions and improving access to iron ore and coking coal, two inputs that will shape both the pace and the cost of the industry’s growth.

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National Governance & PolicyBreaking
11 Oct 2026, 05:26 PM IST

Two Killed After Gas Exposure at ESL Steel Plant in Jharkhand

Two people, including a company executive and a business partner engineer, died after gas exposure at the ESL Steel plant in Jharkhand, according to a company spokesperson. The incident has renewed scrutiny of industrial safety protocols at heavy manufacturing sites, where exposure risks can escalate rapidly and demand immediate containment and medical response.

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Banking, Fintech & InsuranceBreaking
11 Oct 2026, 05:46 PM IST

RBI Tightens Forex Derivative Rules, Curbing Easy Rebooking and Raising Hedging Scrutiny

The Reserve Bank of India has tightened rules for rupee-linked foreign exchange derivatives, sharply reducing the scope for rebooking cancelled contracts and lowering the threshold for trades without underlying exposure to $5 million from $100 million. The move is aimed at strengthening market discipline, improving risk management and limiting speculative use of derivative structures. The central bank has also added checks for hedging activity and introduced a 20% cash reserve requirement for certain transactions.

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India Entertainment & CultureBreaking
11 Oct 2026, 05:46 PM IST

Siennor Trio’s 'Ninaivu Maaligai' Blends Memory, Live Energy and a Forward Look

Siennor Trio’s new 11-track album, 'Ninaivu Maaligai,' arrives as a live-recorded statement of intent: rooted in remembrance, but determined not to remain there. The project draws on Sufi, rock and other textures to create a layered listening experience that frames the past as something to honour, not inhabit indefinitely.

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Markets, IPOs & WealthBreaking
11 Oct 2026, 05:46 PM IST

Subramanian Swamy Seeks Ban on Cement Imports from Pakistan Over Security Risks

Bharatiya Janata Party leader Subramanian Swamy has called for a ban on cement imports from Pakistan, arguing that such trade could be used as a cover for smuggling contraband, weapons and ammunition into India. His remarks add a security dimension to an otherwise commercial issue, potentially sharpening scrutiny of cross-border trade policy. The intervention comes at a time when market-linked policy debates are increasingly intersecting with national security concerns.

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India Sports & CricketBreaking
11 Oct 2026, 05:46 PM IST

Marathas Blank Chiefs as Yodhas Prevail in a Last-Ball Thriller

The Marathas produced a commanding all-round performance to blank the Chiefs in a one-sided contest, while the Yodhas edged a tense thriller in a finish that kept the result in doubt until the final moments. The contrasting outcomes underlined both the depth of the Marathas’ control and the Yodhas’ composure under pressure in a high-stakes evening of India sports action.

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National Governance & PolicyBreaking
11 Oct 2026, 05:46 PM IST

Ponnam Challenges BJP Chief to Produce Voters Alleging Loss of Voting Rights

Telangana Transport Minister Ponnam Prabhakar has publicly 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 the political dispute over voter disenfranchisement claims and place the burden of evidence squarely on the opposition.

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Macro Economy & Fiscal PolicyBreaking
11 Oct 2026, 06:07 PM IST

Overseas Buying Lifts Orthodox Tea Prices at Kochi Auctions

Prices for orthodox tea firmed at the Kochi auctions as overseas demand returned, with traders linking the pickup to the settlement of pending dues from earlier sales. The improved payment cycle has enabled foreign buyers to place fresh orders, lending support to the market and improving sentiment across the trade.

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Banking, Fintech & InsuranceBreaking
11 Oct 2026, 06:07 PM IST

Rupee Gains Briefly Before Slipping as Dollar Demand Reasserts Pressure

The Indian rupee recovered marginal ground on Friday after the Reserve Bank of India intervened through state-owned banks, but the currency still closed weaker than its intraday high as persistent dollar demand from companies capped gains. The rupee ended at 96.73 against the US dollar, underscoring how official support has not yet fully offset market pressure.

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National Governance & PolicyBreaking
11 Oct 2026, 06:07 PM IST

Former Bengaluru Police Chief Bhaskar Rao Seeks Verification of Dhruv Rathee’s Citizenship and Visa Status

Former Bengaluru police commissioner and BJP leader Bhaskar Rao has asked the Union Home Secretary to conduct a thorough verification of YouTuber and commentator Dhruv Rathee’s nationality and visa conditions. The request comes amid a fresh political flashpoint over citizenship scrutiny and the boundaries of public commentary in India.

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Banking, Fintech & InsuranceBreaking
11 Oct 2026, 06:27 PM IST

Apple Pay Launches in India With Axis Bank Visa and Mastercard Credit Cards

Apple Pay has officially entered the Indian market, enabling Axis Bank credit card holders to make contactless payments using Visa and Mastercard cards on Apple devices. The launch adds a new premium layer to India’s fast-evolving digital payments landscape, with a strong emphasis on security, privacy and convenience. For consumers, it broadens payment choice; for banks and merchants, it raises the competitive bar in a market already dominated by UPI and QR-based transactions.

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India Sports & CricketBreaking
11 Oct 2026, 06:27 PM IST

Flashman, Minari, Rivayat and Saint Sizzle Impress in Competitive India Sports Showcase

Flashman, Minari, Rivayat and Saint Sizzle delivered standout performances in a closely watched India sports and cricket showcase, underlining the depth and volatility that continue to define the domestic and developmental circuit. The results offered an early read on form, temperament and momentum, with each contender making a distinct case in a field where margins remain thin and reputations are built quickly.

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Banking, Fintech & InsuranceBreaking
11 Oct 2026, 06:27 PM IST

UPI Fees Could Push Users Back to Cash, Warns Ex-NITI Aayog Vice-Chairman Rajiv Kumar

Former NITI Aayog vice-chairman Rajiv Kumar has warned that introducing merchant charges on UPI could slow India’s digital payments momentum and drive some users back to cash. His remarks come after the government announced a 0.4% merchant discount rate on UPI payments above Rs 2,000 from October 15, while keeping consumer transactions free.

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Macro Economy & Fiscal PolicyBreaking
11 Oct 2026, 06:27 PM IST

Canara HSBC Life Q2 Profit Rises 5% to Rs 43 Crore as Premium Momentum Strengthens

Canara HSBC Life Insurance reported a 5% year-on-year rise in net profit to Rs 43 crore for the September quarter, up from Rs 41 crore a year earlier, underscoring steady operating momentum in a competitive life insurance market. The insurer also posted higher total income of Rs 2,511 crore, while net premium collections and first-year premiums both advanced, signalling healthy demand across its product portfolio.

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Markets, IPOs & WealthBreaking
11 Oct 2026, 06:27 PM IST

Fourteen Smallcaps Log Five-Day Winning Streak as Risk Appetite Broadens

Fourteen smallcap stocks advanced in each of the five trading sessions from October 5 to 9, outpacing the broader market and underscoring a renewed appetite for selective risk in Indian equities. Alok Industries and Modern Insulators led the pack with gains of 28% each, highlighting how momentum has concentrated in a narrow set of names even as the wider market remained uneven.

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Banking, Fintech & InsuranceBreaking
11 Oct 2026, 06:49 PM IST

Razorpay-Backed POP Enters Consumer Credit With POPchop BNPL Push

Razorpay-backed POP has expanded beyond UPI, rewards and commerce with the launch of 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 fintech shift: platforms with large consumer funnels are increasingly turning to credit as a monetisation lever, even as they navigate tighter scrutiny around underwriting, repayment behaviour and regulatory risk.

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Banking, Fintech & InsuranceBreaking
11 Oct 2026, 06:49 PM IST

Kotak Mahindra Bank names Anup Kumar Saha as MD and CEO from 2027

Kotak Mahindra Bank has appointed Executive Director Anup Kumar Saha as its next Managing Director and Chief Executive Officer for a three-year term beginning January 1, 2027. The move signals continuity at the top of one of India’s most closely watched private-sector lenders, with a long-serving internal executive set to take charge after more than three decades in financial services.

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Startups & Venture CapitalBreaking
11 Oct 2026, 06:48 PM IST

Few H-1B Workers Move to Green Cards Through PERM, Nasscom Says

Nasscom has said only a small share of H-1B workers ultimately transition to permanent residency through the PERM process, underscoring the limited scale of the pathway in the broader US talent system. The industry body also stressed that Indian IT companies operate in more than 80 countries and remain fully compliant with local laws and regulations.

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India Entertainment & CultureBreaking
11 Oct 2026, 06:48 PM IST

Navaratri and Syama Sastri: How Three Swarajatis Became an Intimate Dialogue with Kamakshi

As Navaratri begins to draw cultural attention across India, the enduring relevance of Syama Sastri’s three swarajatis comes into sharper focus. These compositions are widely regarded as among the Carnatic master’s finest works, combining structural sophistication with a deeply personal devotion to Goddess Kamakshi.

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India Sports & CricketBreaking
11 Oct 2026, 07:09 PM IST

Flashman, Minari, Rivayat and Saint Sizzle Impress in Latest Indian Racing Showcase

Flashman, Minari, Rivayat and Saint Sizzle emerged as the standout performers in a closely watched racing card that offered both form confirmation and fresh clues for the weeks ahead. The results sharpened the competitive picture across the India sports and cricket-adjacent betting and racing ecosystem, where momentum, consistency and timing remain decisive factors.

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Macro Economy & Fiscal PolicyBreaking
11 Oct 2026, 07:09 PM IST

Bitcoin Reclaims $82,500 as ETF Inflows Lift Sentiment, but Weekly Losses and Liquidations Keep Pressure On

Bitcoin climbed back above $82,500 on Saturday after briefly sliding to a nearly three-week low earlier in the week, helped by a modest improvement in exchange-traded fund flows and a firmer risk tone across parts of the crypto market. Analysts, however, cautioned that institutional outflows, geopolitical tension involving the United States and Iran, and rising AI-related security concerns continue to cloud the outlook even as traders hunt for a short-term rebound.

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National Governance & PolicyBreaking
11 Oct 2026, 07:09 PM IST

Police Visit Abhishek Banerjee’s Kalighat Home Again, Serve Fresh Notice in Billboard Case

Police on Friday made a second visit in a week to Trinamool Congress leader and Diamond Harbour MP Abhishek Banerjee’s Kalighat residence in Kolkata, serving a fresh notice for questioning in connection with the billboard case. The repeated summons underscores the continuing investigative pressure in a matter that has drawn political attention in West Bengal and beyond.

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Macro Economy & Fiscal PolicyBreaking
11 Oct 2026, 07:30 PM IST

India’s Food-vs-Fuel Debate Misses the Real Question: Can Policy Deliver Both?

The long-running food-versus-fuel argument is increasingly being framed too narrowly, with policymakers and critics treating it as a zero-sum choice between farm security and energy transition. The deeper issue is whether India can build the scientific, logistical, and fiscal capacity to expand agricultural productivity, protect consumers, and scale cleaner fuels at the same time.

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Banking, Fintech & InsuranceBreaking
11 Oct 2026, 07:30 PM IST

India’s Satcom Fight Intensifies as Musk Clashes With New Delhi, While RBI Tightens FEMA Compliance for Startups

India’s satellite communications market has entered a sharper phase of contestation, with Elon Musk publicly accusing unnamed domestic interests of obstructing competition as regulatory and allocation decisions move closer to commercial reality. At the same time, the Reserve Bank of India’s new FEMA-related rules are adding a fresh compliance layer for startups and venture-backed companies navigating cross-border capital, ownership, and reporting structures.

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India Sports & CricketBreaking
11 Oct 2026, 07:30 PM IST

Chagall, Enrich and New Star Impress as India Racing Form Tightens

Chagall, Enrich and New Star delivered standout performances in a closely watched set of results that sharpened the competitive picture in India’s racing circuit. The showing has strengthened their profiles among trainers, owners and punters looking for early indicators of form, fitness and future progression.

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India Sports & CricketBreaking
11 Oct 2026, 07:29 PM IST

Kumkum Keeps Her Feet on the Ground as She Aims for LA Games Gold

Amravati archer Kumkum is emerging as one of India’s most closely watched young prospects, combining ambition with a notably disciplined approach to the sport. As she sets her sights on the Los Angeles Games, she says she remains inspired by Virat Kohli’s work ethic and hopes to meet the cricket star one day.

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India Entertainment & CultureBreaking
11 Oct 2026, 07:29 PM IST

‘Beware Boiúna’ Review: A Giant Snake, Real Thrills, and a Missing Sense of Scale

‘Beware Boiúna’ leans into creature-feature pleasures with enough slashing momentum and monster spectacle to keep audiences engaged, even when its limited visual scope blunts the dread. The film’s biggest weakness is its lack of panoramic framing, which undercuts the scale of the threat, but its giant grinning snake and brisk genre instincts still deliver a watchable ride.

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National Governance & PolicyBreaking
11 Oct 2026, 07:29 PM IST

CJP Alleges an “Open Emergency-Like Situation,” Vows to Continue Protests

The Citizens for Justice and Peace (CJP) has accused the authorities of creating an “open emergency-like situation,” escalating its criticism of the state’s handling of dissent and civic space. At a media briefing, CJP co-convenor Saurav Das said the state was effectively “at war with its own citizens,” and vowed that the organisation would continue its protests despite mounting pressure.

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National Governance & PolicyBreaking
11 Oct 2026, 07:29 PM IST

CJP Leaders Escalate Anti-CEC Protest, Demand Resignation as Opposition Prepares INDIA Bloc March

Leaders of the Citizens for Justice and Peace (CJP) have vowed to continue their protest until the Chief Election Commissioner resigns, sharpening a confrontation over alleged illegal detentions linked to the demonstration. The Opposition and CJP say the arrests were unlawful, while Delhi Police maintains the detentions were preventive and carried out under due legal procedure.

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India Sports & CricketBreaking
11 Oct 2026, 07:50 PM IST

Shai Hope’s India surge gives West Indies a rare batting bright spot ahead of T20I redemption bid

West Indies batter Shai Hope has emerged as the standout performer of the tour, compiling 432 runs across five matches in India after three ODIs and two T20Is against the Men in Blue. His upward batting graph has offered the visitors a rare source of stability and belief as they look to convert individual form into a meaningful result in the remaining contests.

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India Entertainment & CultureBreaking
11 Oct 2026, 07:50 PM IST

ChampaTree Opens Hyderabad Space, Extending Its Art-and-Design Model Beyond Delhi

ChampaTree has expanded beyond the capital with a new Hyderabad outpost housed inside Artyk, a Jubilee Hills furniture showroom. The space is designed to present contemporary art in a more domestic, lived-in setting, blurring the line between gallery viewing and interior design. The move signals a broader push to make art more accessible to collectors and design-conscious audiences outside Delhi.

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National Governance & PolicyBreaking
11 Oct 2026, 07:50 PM IST

Technical Appraisal of PRLIS Unlikely Soon as Centre Awaits Krishna Tribunal Ruling

The Union Jal Shakti Ministry is not expected to move quickly on a technical appraisal of the Polavaram Right Main Canal Link Irrigation Scheme (PRLIS), as it awaits the final decision of the Krishna Water Disputes Tribunal-II on water sharing. The delay underscores how inter-state river governance remains tied to unresolved legal and allocation questions, even as irrigation planning continues to face pressure from regional demands.

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National Governance & PolicyBreaking
11 Oct 2026, 07:50 PM IST

Organisations in Dharwad Protest Arrests of Anti-SIR Activists, Condemn Centre’s ‘Repressive’ Approach

Several organisations in Dharwad staged a protest condemning the arrest of anti-SIR activists in New Delhi, accusing the Union government and police of using repressive methods to silence dissent. The demonstration reflects growing unease among civil society groups over the handling of political activism and the shrinking space for protest in the national capital.

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National Governance & PolicyBreaking
11 Oct 2026, 07:50 PM IST

Prime Minister Pays Tribute to Nanaji Deshmukh on Birth Anniversary, Highlights His Legacy in Rural Development

The Prime Minister on Tuesday paid tribute to social reformer and rural development icon Nanaji Deshmukh on his birth anniversary, underscoring the enduring relevance of his work in strengthening India’s villages and grassroots institutions. The message framed Deshmukh’s legacy as central to the country’s broader development narrative, particularly in the areas of self-reliance, community participation, and rural upliftment.

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Markets, IPOs & WealthBreaking
11 Oct 2026, 07:50 PM IST

TCS, Vedanta, Ola Electric Among 14 Stocks Turning Ex-Record This Week on Dividends, Bonus, Rights and Splits

Around 14 listed companies, including Tata Consultancy Services, Vedanta and Ola Electric Mobility, are scheduled to turn ex-record date between October 12 and 16, setting up a busy week of corporate actions across dividends, bonus issues, rights offerings, stock splits and share consolidations. The calendar underscores how Indian equities continue to use capital allocation events not only to reward shareholders, but also to reshape liquidity, capital structure and market perception.

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Banking, Fintech & InsuranceBreaking
11 Oct 2026, 07:50 PM IST

National Housing Bank Orders Forensic Audit of SRG Housing Finance Amid Loan Irregularity Concerns

The National Housing Bank has initiated a forensic audit of SRG Housing Finance as regulators intensify scrutiny over alleged dubious lending practices. The probe will examine claims of fictitious loans, unsupported accounts and repayment mismatches, with earlier internal findings suggesting questionable loans could total between ₹300 crore and ₹400 crore.

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Macro Economy & Fiscal PolicyBreaking
11 Oct 2026, 08:11 PM IST

India Sets 2047 Steel Capacity Target of 604 Million Tonnes in New Industrial Push

India has unveiled a long-range steel policy that targets 604 million tonnes of capacity by 2047, a scale-up designed to support infrastructure, manufacturing and export ambitions as the economy expands. The plan also places unusual emphasis on cutting sector emissions and improving access to iron ore and coking coal, underscoring the twin pressures of industrial growth and decarbonisation.

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Banking, Fintech & InsuranceBreaking
11 Oct 2026, 08:11 PM IST

Axis Bank Seeks to Double Data Centre Exposure as AI Demand Reshapes Lending

Axis Bank is preparing to significantly expand its lending to India’s data centre industry, with exposure to the sector expected to double from about Rs 8,688 crore over the next three years. The move reflects a broader shift in banking as artificial intelligence, cloud computing and digital services drive demand for large-scale computing infrastructure. The opportunity is being supported by a more enabling policy environment, but lenders still face the usual risks tied to long-gestation infrastructure assets, including execution delays, power availability and customer concentration.

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India Sports & CricketBreaking
11 Oct 2026, 08:10 PM IST

Mayank Yadav’s Pace Sets the Tone as India Keep It Simple in Second T20I

Mayank Yadav delivered the kind of raw pace that can alter a T20 contest in a matter of overs, underlining why India view him as one of their most intriguing fast-bowling prospects. In the second T20I, he showed a clear understanding of his brief: bowl fast, bowl straight, and make the opposition react rather than dictate.

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