INDIA LIVE DESKNIFTY 50:23,140.50(+0.34%)SENSEX:73,895.74(+0.43%)
RDU Global
🇮🇳
🇮🇳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 51 of 56
National Governance & PolicyBreaking
08 Oct 2026, 08:26 PM IST

Calicut University Examines Legal Options After High Court Order on Research Scholars’ Union

Calicut University authorities are assessing their legal options after a High Court order linked to a petition challenging the creation of a separate union for research scholars. The dispute centres on whether scholars across affiliated colleges and research centres can be brought under one representative body, raising questions about university autonomy, student representation and the scope of administrative rule-making.

RDU Global Wire
Read Full Report
National Governance & PolicyBreaking
08 Oct 2026, 08:26 PM IST

Modi Urges Global Framework to Combat Cyber Fraud

Prime Minister Narendra Modi has called on global technology firms, financial institutions and telecom operators to work together on a comprehensive framework to curb cyber fraud. The appeal underscores India’s push for stronger cross-border coordination as digital payments, online commerce and mobile connectivity expand the attack surface for scammers.

RDU Global Wire
Read Full Report
Banking, Fintech & InsuranceBreaking
08 Oct 2026, 08:05 PM IST

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

Axis Bank is preparing to sharply expand its lending to India’s data centre sector, with its exposure expected to double from Rs 8,688 crore over the next three years, according to the breaking development. The move reflects rising demand for artificial intelligence infrastructure and the growing appetite among lenders for financing digital assets that sit at the heart of India’s technology build-out.

RDU Global Wire
Read Full Report
Banking, Fintech & InsuranceBreaking
08 Oct 2026, 08:05 PM IST

JPMorgan Plans to Double GIFT City Business as $1 Billion Book Grows

JPMorgan Chase & Co. is preparing to significantly expand its business at Gujarat International Finance Tec-City, or GIFT City, as multinational demand for treasury, trade finance and cross-border payments accelerates. Since opening its branch in 2022, the bank has built a book of nearly $1 billion and now serves a few hundred clients, positioning the financial hub as a growing platform for international banking in India.

RDU Global Wire
Read Full Report
National Governance & PolicyBreaking
08 Oct 2026, 08:05 PM IST

NHRC Takes Suo Motu Cognisance After Collapsing School Roof in Bihar Exposes Grave Safety Failures

India’s National Human Rights Commission has taken suo motu cognisance of a disturbing case from Darbhanga, Bihar, where a government primary school roof was reportedly propped up on benches after a key support pillar gave way. The episode has intensified scrutiny of basic safety standards in public education infrastructure and the state’s duty to protect children in classrooms.

RDU Global Wire
Read Full Report
Markets, IPOs & WealthBreaking
08 Oct 2026, 07:40 PM IST

Subramanian Swamy Seeks Ban on Cement Imports from Pakistan, Citing 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 a trade issue that sits at the intersection of border management, industrial policy and market access.

RDU Global Wire
Read Full Report
Banking, Fintech & InsuranceBreaking
08 Oct 2026, 07:40 PM IST

RBI Meeting Diluted Its Old Policy Framework, Says Nomura After Surprise Rate Cut

Nomura said the Reserve Bank of India’s latest policy meeting marked a clear departure from its earlier framework after the central bank unexpectedly cut the repo rate by 25 basis points to 6.25 percent on Tuesday. The brokerage said the move, combined with a more accommodative tone, suggests the RBI is now placing greater weight on growth support and policy flexibility than on its previous stance.

RDU Global Wire
Read Full Report
India Sports & CricketBreaking
08 Oct 2026, 07:40 PM IST

European Football Leaders Gather in Berlin as Pressure Builds on Infantino

European football’s governing elite are meeting in Berlin at a previously scheduled UEFA summit that has taken on fresh political significance amid efforts to line up a successor to FIFA president Gianni Infantino. The gathering brings together UEFA’s 55 member federations at a moment when Europe is trying to consolidate influence over the future direction of world football. While no formal move to remove Infantino is on the agenda, the Berlin meeting is expected to sharpen strategic discussions about leadership, governance, and how European federations can coordinate their position ahead of future FIFA contests.

RDU Global Wire
Read Full Report
India Entertainment & CultureBreaking
08 Oct 2026, 07:40 PM IST

AMMA Executive Revamp Deepens Internal Rift as Questions Mount Over Legality

A fresh round of appointments to AMMA’s executive panel has intensified the association’s internal crisis, with actor Ansiba Hassan questioning whether the decisions are legally valid. She argues that the panel making the changes had already announced its intention to step down at the general body meeting, raising doubts over its authority to continue taking binding decisions. The dispute adds to growing uncertainty inside one of Malayalam cinema’s most influential bodies.

RDU Global Wire
Read Full Report
Markets, IPOs & WealthBreaking
08 Oct 2026, 07:18 PM IST

Genpact Says AI Will Cut IT Workload and Slow Hiring Growth

Genpact has signalled that artificial intelligence will reduce the workload in information technology services and temper future job additions, underscoring a structural shift in the sector. Company chief executive NV 'Tiger' Tyagarajan said employment growth rates are already easing and that India’s share of incremental hiring will not match past trends as firms demand higher-skilled workers.

RDU Global Wire
Read Full Report
Macro Economy & Fiscal PolicyBreaking
08 Oct 2026, 07:18 PM IST

Uttar Pradesh, Maharashtra and Gujarat Drive 45% of India’s Residential Rooftop Solar Capacity in September

Uttar Pradesh, Maharashtra and Gujarat together accounted for 45% of India’s residential rooftop solar capacity in September, underscoring the concentration of adoption in a handful of large states. The national installed residential rooftop base under the PM Surya Ghar: Muft Bijli Yojana stood at 17,561 MW, covering 59,47,035 households as of September 2026.

RDU Global Wire
Read Full Report
Banking, Fintech & InsuranceBreaking
08 Oct 2026, 07:18 PM IST

Private Credit Loses Its Pricing Edge as Banks Reclaim Deal Flow

Private credit is facing a sharper competitive squeeze as companies gain access to a broader set of funding options, including bank-led acquisition financing. In the first half of 2026, a significant share of private credit transactions priced below 18%, underscoring how the asset class is losing some of the yield premium that once defined it. For lenders, the shift is forcing a rethink of where returns can still justify risk.

RDU Global Wire
Read Full Report
National Governance & PolicyBreaking
08 Oct 2026, 07:18 PM IST

Piyush Goyal Backs Andhra Pradesh’s Investment Pitch as Naidu Cites ₹22 Lakh Crore in Deals

Union Commerce and Industry Minister Piyush Goyal used the curtain raiser for the CII Partnership Summit to signal strong central support for Andhra Pradesh’s investment drive, framing the state as a serious destination for industry and capital. Chief Minister N. Chandrababu Naidu said Andhra Pradesh has secured investment agreements worth nearly ₹22 lakh crore over the past 28 months, underscoring the scale of the state’s economic outreach and its bid to convert announcements into projects.

RDU Global Wire
Read Full Report
Banking, Fintech & InsuranceBreaking
08 Oct 2026, 07:18 PM IST

Government Moves to Police UPI Merchant Fees Daily as October 15 MDR Plan Nears

India is preparing to introduce a merchant discount rate on select UPI transactions from October 15, but officials say the government will monitor compliance daily to ensure payment charges are not passed on to consumers. The move reflects a delicate balancing act: preserving the rapid expansion of digital payments while creating a revenue stream that can help smaller merchants absorb transaction costs.

RDU Global Wire
Read Full Report
National Governance & PolicyBreaking
08 Oct 2026, 07:18 PM IST

India Urges Banks to Build Sector-Wide Quantum Transition and AI Resilience Plan

India’s finance ministry has asked banks to prepare for a sector-wide transition to post-quantum security while also developing an artificial intelligence resilience framework, according to an official familiar with the matter. The move reflects growing concern over “harvest now, decrypt later” attacks, in which cyber adversaries collect encrypted financial data today in anticipation of future quantum computing capabilities.

RDU Global Wire
Read Full Report
Banking, Fintech & InsuranceBreaking
08 Oct 2026, 07:18 PM IST

RBI Intervention Halts Rupee’s Slide, But Pressure Remains as Oil Rises

The Reserve Bank of India stepped in to arrest a sharp fall in the rupee, preventing the currency from slipping to a fresh record low as global risk sentiment deteriorated. But traders say the reprieve may prove temporary, with rising Brent crude prices, weaker Asian currencies and persistent capital outflow concerns keeping the rupee under strain.

RDU Global Wire
Read Full Report
Macro Economy & Fiscal PolicyBreaking
08 Oct 2026, 06:47 PM IST

GST Council Weighs Curbs on Arrest Powers, Decriminalisation in Major Tax Reform Push

The GST Council is set to consider a significant recalibration of India’s indirect tax enforcement regime, including scrapping arrest powers for tax officers and widening decriminalisation under the GST law. The proposed changes, if approved, would be rolled out in phases beginning early next year, signalling a shift toward compliance-led administration and lower coercive risk for businesses.

RDU Global Wire
Read Full Report
National Governance & PolicyBreaking
08 Oct 2026, 06:47 PM IST

NHRC Takes Suo Motu Cognisance of Bihar School Roof Propped on Benches After Support Pillar Collapses

India’s National Human Rights Commission has taken suo motu cognisance of a disturbing report from Darbhanga, Bihar, where a government primary school roof was left resting on benches after a key support pillar gave way. The case has triggered fresh scrutiny of school safety, public infrastructure neglect, and the state’s duty to protect children in classrooms that should be secure by design.

RDU Global Wire
Read Full Report
Automotive, EVs & MobilityBreaking
08 Oct 2026, 06:47 PM IST

Make in India enters deeper manufacturing phase, says CII as focus shifts to supply chains and global competitiveness

India’s manufacturing story is moving beyond capacity expansion toward building stronger domestic supply chains, technology depth and export-ready competitiveness, the Confederation of Indian Industry said as the Make in India initiative marks 12 years. CII said the next phase must be defined by higher value addition, deeper integration with global markets and a sharper industrial ecosystem, especially in sectors such as automotive, EVs and mobility.

RDU Global Wire
Read Full Report
Banking, Fintech & InsuranceBreaking
08 Oct 2026, 06:47 PM IST

European Stocks Slide as Oil Surge Rekindles Inflation Fears

European equities fell sharply as a jump in oil prices and higher bond yields revived concerns that inflation may prove stickier than markets had hoped. Banks led the decline to more than three-month lows, while investors positioned for policy signals from the European Central Bank, the Federal Reserve and the Bank of England.

RDU Global Wire
Read Full Report
India Sports & CricketBreaking
08 Oct 2026, 06:47 PM IST

Baloda’s Record 14-Wicket Haul Powers India U-19 to Series-Sealing Win Over Australia

India Under-19 produced a commanding all-round performance to bowl out Australia Under-19 for 151 and complete an 11-run chase in a dominant series-clinching victory. Baloda’s record-breaking haul of 14 wickets across the contest headlined a result that underlined India’s control, while Cattle’s lone resistance only briefly delayed the inevitable.

RDU Global Wire
Read Full Report
India Entertainment & CultureBreaking
08 Oct 2026, 06:47 PM IST

‘The Exorcist: Martyrs’ teaser signals Mike Flanagan’s darker, star-driven horror reboot with Scarlett Johansson

The first teaser for Mike Flanagan’s 'The Exorcist: Martyrs' has arrived, offering an early look at Scarlett Johansson in a new horror chapter built around one of cinema’s most enduring franchises. The full trailer is expected later this week, setting up a fresh round of scrutiny for a reboot that aims to balance legacy, star power and contemporary genre expectations.

RDU Global Wire
Read Full Report
Banking, Fintech & InsuranceBreaking
08 Oct 2026, 06:23 PM IST

RBL Bank Receives GST Show-Cause Notice Over Rs 173 Crore Demand

RBL Bank said it has received a show-cause notice from Maharashtra GST authorities proposing a demand of more than Rs 173.08 crore, including interest and penalty, over alleged wrongful input tax credit availment in FY23. The lender said it will respond to the notice and does not expect any material financial impact, citing favourable orders in an identical matter.

RDU Global Wire
Read Full Report
Banking, Fintech & InsuranceBreaking
08 Oct 2026, 06:23 PM IST

RBI turns hawkish, raises repo rate by 25 bps to 5.5%

The Reserve Bank of India has shifted decisively toward a tighter policy stance, lifting the repo rate by 25 basis points to 5.5% and moving its Monetary Policy Committee from neutral to calibrated tightening. The move signals renewed concern over inflation persistence and financial conditions, with markets now pricing in the possibility of another 50 basis points of hikes in FY27.

RDU Global Wire
Read Full Report
Macro Economy & Fiscal PolicyBreaking
08 Oct 2026, 06:23 PM IST

Indonesia Export Overhaul Could Tighten Palm Oil Supply and Lift Prices

Indonesia’s planned export overhaul is likely to reduce the volume of crude palm oil available to global buyers over time, even if domestic biodiesel capacity is sufficient to absorb the higher blending mandate. The Indonesian Palm Oil Association, GAPKI, says rising local consumption will progressively squeeze exportable supplies, a shift that could support palm oil prices and reshape trade flows across Asia.

RDU Global Wire
Read Full Report
National Governance & PolicyBreaking
08 Oct 2026, 06:23 PM IST

Kerala Minister Anilkumar Announces Special Meeting on Attappady Land Issues

Kerala Minister Anilkumar said a special meeting will be convened to address long-pending land issues in Attappady, signalling renewed administrative attention to one of the state’s most sensitive land-rights challenges. He added that the Revenue Department will move to issue title deeds to people from Scheduled Caste, Scheduled Tribe and fishing communities after the state’s 100-day action programme.

RDU Global Wire
Read Full Report
Banking, Fintech & InsuranceBreaking
08 Oct 2026, 06:23 PM IST

RBI Meeting Diluted Its Old Policy Framework, Says Nomura After Surprise Rate Cut

Nomura said the Reserve Bank of India’s latest policy meeting marked a meaningful shift away from its earlier framework after the central bank unexpectedly cut the repo rate by 25 basis points to 6.25 percent. The brokerage said the move, coming despite a broadly cautious global backdrop, suggests the RBI is placing greater emphasis on growth support and policy flexibility than on its previous stance.

RDU Global Wire
Read Full Report
India Sports & CricketBreaking
08 Oct 2026, 06:23 PM IST

Smriti Mandhana Has Earned the Captaincy India Needed

Smriti Mandhana’s elevation as India’s new captain marks a decisive vote of confidence in one of the country’s most accomplished modern batters. The 30-year-old left-hander, already the most experienced player in the squad after Harmanpreet Kaur and a proven title-winning leader at Royal Challengers Bengaluru, now faces the immediate challenge of sharpening India’s shortest-format edge.

RDU Global Wire
Read Full Report
India Entertainment & CultureBreaking
08 Oct 2026, 06:23 PM IST

Chennai’s Government College of Fine Arts Marks 175 Years of Artistic Legacy

Chennai’s Government College of Fine Arts, one of India’s oldest art institutions, stands as a rare bridge between colonial-era art education and the country’s modern creative movements. From its beginnings as the Madras School of Arts to its later reform under leading artists and educators, the college has shaped generations of painters, sculptors and visual thinkers.

RDU Global Wire
Read Full Report
India Sports & CricketBreaking
08 Oct 2026, 06:02 PM IST

Prabodh Stuns Balsekar as Top Seeds Sureshkumar-Sinha Move Into Fenesta Open Quarterfinals

Prabodh produced the day’s standout upset at the Fenesta Open, toppling Balsekar in a result that reshaped the early singles draw and underlined the depth of competition at the event. In doubles, top seeds Manish Sureshkumar and Nitin Sinha began their campaign with a composed 7-5, 6-2 victory over Raghav Jaisinghani and Lakshit Sood to reach the quarterfinals.

RDU Global Wire
Read Full Report
India Entertainment & CultureBreaking
08 Oct 2026, 06:02 PM IST

Drop Shot EP 09 Maps Cinema, Culture and Chennai’s Living Memory

RDU Global’s latest Drop Shot episode stitches together four sharply different but thematically linked stories from Indian screen culture, social commentary and urban heritage. The segment moves from Arjun Das and Aditi Shankar’s reflections on choosing stories that feel personal, to Meena Kandasamy’s examination of the Indian incel mindset, and then into the Art Deco legacy of The Hindu’s Chennai building and the dark fantasy world of Yash and Geetu Mohandas’ Toxic.

RDU Global Wire
Read Full Report
National Governance & PolicyBreaking
08 Oct 2026, 06:02 PM IST

Malkajgiri Police Bust Eight-Year Property Forgery Network, Seize Fake Seals of 23 Sub-Registrar Offices

Malkajgiri Police have dismantled a property-document forgery racket that allegedly operated for eight years, seizing counterfeit seals linked to 23 Sub-Registrar offices, three civic bodies and two Gram Panchayat offices. Investigators also recovered five seals purportedly from foreign authorities, underscoring the scale and sophistication of the fraud network.

RDU Global Wire
Read Full Report
National Governance & PolicyBreaking
08 Oct 2026, 06:02 PM IST

Dr. L. Murugan Urges Youth to Lead India’s 2047 Development Drive

Union Minister of State Dr. L. Murugan has called on young Indians to take the lead in shaping the country’s journey toward Viksit Bharat by 2047, framing youth participation as central to national transformation. His remarks underscore the government’s continuing effort to link policy ambition with a generation expected to drive innovation, productivity, and civic renewal over the next two decades.

RDU Global Wire
Read Full Report
Startups & Venture CapitalBreaking
08 Oct 2026, 06:02 PM IST

Investors Rebalance Startup Bets as India’s Funding Market Shifts From Late-Stage to Growth

India’s startup funding market is showing a more selective pattern, with investors increasingly favouring growth-stage companies over large late-stage cheques. The shift reflects a broader recalibration in venture capital strategy as funds prioritise capital efficiency, clearer paths to profitability and lower valuation risk. While overall sentiment has stabilised, the new money is flowing with greater discipline.

RDU Global Wire
Read Full Report
National Governance & PolicyBreaking
08 Oct 2026, 06:02 PM IST

M. Suchitra Receives G. Prabhakaran-OISCA Award in Palakkad

M. Suchitra has been presented with the G. Prabhakaran-OISCA award, an honour instituted by the Prabhakaran family in association with the Palakkad chapter of OISCA International. The award includes a certificate, trophy and a cash prize of ₹30,000, underscoring recognition for distinguished contribution in the relevant field.

RDU Global Wire
Read Full Report
Macro Economy & Fiscal PolicyBreaking
08 Oct 2026, 05:39 PM IST

Nandini Milk Price Set to Rise by ₹8 as Feed Inflation Pressures Dairy Unions

Nandini milk prices are set to increase by ₹8 a litre as dairy unions press for relief from sharply higher input costs, according to people familiar with the matter. The move reflects mounting pressure from rising expenses across cattle feed, fodder, veterinary medicines, processing, transport and packaging, which have squeezed margins across the dairy value chain.

RDU Global Wire
Read Full Report
National Governance & PolicyBreaking
08 Oct 2026, 05:39 PM IST

Delhi IPS Officer Vivek Bhagat Faces Harassment Allegations as Promotion Put on Hold

Delhi Police officer ACP Vivek Bhagat, a 2018-batch IPS officer, is under scrutiny after allegations of sexual harassment surfaced from women journalists during protests at Jantar Mantar. In response to the complaint and the ensuing administrative fallout, Bhagat has reportedly sought a hold on his promotion while the matter is examined.

RDU Global Wire
Read Full Report
India Entertainment & CultureBreaking
08 Oct 2026, 05:39 PM IST

Veteran Actor Nana Patekar Dies at Goa Residence; Film Fraternity, Leaders Mourn Loss

Veteran actor Nana Patekar died at his Goa residence in the early hours of Thursday, prompting an outpouring of grief from across the film industry and public life. The news has triggered tributes to one of Indian cinema’s most distinctive performers, whose career spanned decades and left a lasting imprint on mainstream and parallel cinema alike.

RDU Global Wire
Read Full Report
India Entertainment & CultureBreaking
08 Oct 2026, 05:39 PM IST

‘Jailer 2’ trailer signals Rajinikanth’s return as Muthuvel Pandian faces a new battalion of foes

The trailer for Sun Pictures’ ‘Jailer 2’ has intensified anticipation around Rajinikanth’s return as Muthuvel Pandian, positioning the sequel as a larger, more confrontational follow-up to the 2023 hit. With an October 15 theatrical release locked in, the film is being framed as a major festival-season draw for Tamil cinema and the wider Indian box office.

RDU Global Wire
Read Full Report
Banking, Fintech & InsuranceBreaking
08 Oct 2026, 05:39 PM IST

India Credit Card Spending Slips 2.8% in August as New Card Growth Cools

India’s credit card market showed signs of moderation in August, with monthly spending falling 2.8% to ₹2.02 lakh crore from ₹2.08 lakh crore in July. New card additions also slowed, with banks issuing 1.19 million cards during the month, leaving the total outstanding base at 124.1 million.

RDU Global Wire
Read Full Report
Startups & Venture CapitalBreaking
08 Oct 2026, 05:17 PM IST

Swish Tests New Food Delivery Feature as It Sharpens Challenge to Swiggy and Zomato

Quick commerce startup Swish is broadening its food delivery push with a new feature called Swish Go, signalling a more direct challenge to India’s dominant delivery platforms. The move suggests the company is testing whether its speed-first model can extend beyond quick food orders into a broader on-demand dining proposition.

RDU Global Wire
Read Full Report
India Sports & CricketBreaking
08 Oct 2026, 05:17 PM IST

Grit, Gold and a House Built by Kabaddi: Neeta Dadwe’s Long Game for Women’s Sport

Neeta Dadwe’s journey from player to coach reflects the slow, demanding work behind India’s women’s kabaddi rise. Over decades, she has helped shape teams, mentor athletes and build belief in a sport that has often depended on persistence more than spotlight. Her story is also a reminder that the game’s future is being constructed not only in arenas, but in homes, training grounds and the discipline of everyday coaching.

RDU Global Wire
Read Full Report
Macro Economy & Fiscal PolicyBreaking
08 Oct 2026, 05:17 PM IST

Emerging Markets Post First Foreign Outflow Since June as Fed Turns Hawkish

Foreign investors withdrew $26.3 billion from emerging-market stocks and bonds in September, ending a three-month run of inflows and marking the first monthly outflow since June, according to the Institute of International Finance. The reversal was driven by a more hawkish Federal Reserve, which lifted U.S. Treasury yields and the dollar, weakening the relative appeal of emerging-market assets.

RDU Global Wire
Read Full Report
Banking, Fintech & InsuranceBreaking
08 Oct 2026, 05:17 PM IST

Fino Payments Bank Surges 13% After September Update as Loan Referrals Jump 223%

Fino Payments Bank shares climbed 13.34% to Rs 145.80 after the lender’s September 2026 business update showed broad-based growth across CASA, deposits, renewal income, digital customers, CMS throughput and loan referrals. The stock’s sharp rally came despite weakness in transaction throughput and new deposit accounts, underscoring a mixed operating picture that investors are weighing against a still-depressed valuation.

RDU Global Wire
Read Full Report
Automotive, EVs & MobilityBreaking
08 Oct 2026, 05:17 PM IST

India’s Electric Car Sales Nearly Double in September as Festive Demand and Policy Support Accelerate Adoption

Electric car sales in India surged to 36,108 units in September, nearly doubling from a year earlier, according to the Federation of Automobile Dealers Associations. FADA said the jump reflects a stronger festive buying cycle, improving cost economics for owners, a wider model lineup and continued policy support that is pushing EVs from a niche choice toward the mainstream.

RDU Global Wire
Read Full Report
Startups & Venture CapitalBreaking
08 Oct 2026, 04:48 PM IST

Lumio Raises $12 Million in Blume-Led Round to Scale Consumer Tech Push

Consumer technology brand Lumio has raised $12 million in fresh funding led by Blume Ventures, a round the company says will be directed toward research and development, product branding, and hiring. The investment underscores continued investor interest in differentiated consumer hardware and experience-led tech brands in India, even as the sector remains capital-intensive and execution-heavy.

RDU Global Wire
Read Full Report
National Governance & PolicyBreaking
08 Oct 2026, 04:48 PM IST

Centre Rebuts Musk’s ‘Blocked Entry’ Charge on Starlink India, Calls Claim Baseless and Misconceived

The Indian government has pushed back sharply against Elon Musk’s allegation that Starlink’s entry into India is being “blocked” by powerful interests, describing the charge as baseless and misconceived. The response underscores the regulatory and policy complexity surrounding satellite broadband approvals in one of the world’s most closely watched digital markets.

RDU Global Wire
Read Full Report
Banking, Fintech & InsuranceBreaking
08 Oct 2026, 04:48 PM IST

SBI Chief Sees No Deposit Rate Hikes for Three Months as Liquidity Supports Margins

State Bank of India Chairman C S Setty said deposit rates are unlikely to rise over the next three months, citing ample system liquidity as the main reason. He also said credit growth should remain resilient at 14% to 15% over time, while stressing that banks must preserve positive real returns for savers as inflation stays elevated.

RDU Global Wire
Read Full Report