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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 53 of 56
National Governance & PolicyBreaking
08 Oct 2026, 01:48 PM IST

IAF Has Evolved Into an Exceptional Network-Centric Force, Says Air Chief Marshal Amar Preet Singh

Air Chief Marshal Amar Preet Singh said the Indian Air Force has transformed into an exceptional, network-centric force capable of responding to modern security challenges with speed and precision. He argued that recent conflicts around the world have underscored a central lesson: air power remains the primary instrument for safeguarding national interests in an era of fast-moving warfare.

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India Sports & CricketBreaking
08 Oct 2026, 01:48 PM IST

Mikel Arteta Extends Arsenal Deal to 2030 After Title Triumph, Cementing Long-Term Project

Arsenal have secured Mikel Arteta on a new contract through 2030, rewarding the Spanish manager after he guided the club to the Premier League title and transformed them into sustained contenders. The extension underlines the scale of trust in a coach who has become the league’s longest-serving active manager and the central figure in Arsenal’s modern rebuild.

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National Governance & PolicyBreaking
08 Oct 2026, 01:48 PM IST

Kerala Social Media Influencer Booked Over Alleged Sexual Harassment of Minor Boy

Police in Kerala have booked a woman social media influencer after a complaint accused her of sexually harassing a minor boy. Officials said a detailed investigation is underway and the boy’s statement has already been recorded, with authorities treating the matter as a serious allegation involving a child victim.

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India Sports & CricketBreaking
08 Oct 2026, 01:48 PM IST

Smriti Mandhana Has Earned the Captaincy India Now Needs

Smriti Mandhana’s elevation as India’s new captain is a reward for sustained excellence, leadership maturity and a record that now extends beyond individual batting. 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, inherits a side that needs sharper direction in the shortest format.

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India Entertainment & CultureBreaking
08 Oct 2026, 01:48 PM IST

Purab Anga Gayaki Faces a Defining Test as Kajri Traditions Seek to Hold Their Distinct Voice

At a recent baithak, musicians and scholars examining Purab Anga Gayaki focused on the many forms of kajri and the growing challenge of preserving its individuality. The discussion underscored a wider cultural question: how a living folk-classical tradition can remain recognisable while adapting to changing performance contexts and audience expectations.

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India Entertainment & CultureBreaking
08 Oct 2026, 01:27 PM IST

Veteran Actor Nana Patekar Dies at Goa Home, Film World Mourns a Singular Force in Indian Cinema

Veteran actor Nana Patekar has died at his Goa residence in the early hours of Thursday, prompting an outpouring of grief from political leaders, colleagues and admirers across the Indian film industry. Known for his intense screen presence, distinctive dialogue delivery and uncompromising craft, Patekar leaves behind a body of work that shaped mainstream and parallel Indian cinema alike.

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Markets, IPOs & WealthBreaking
08 Oct 2026, 01:27 PM IST

Paramount Syntex IPO Draws Strong QIB Demand as Day 2 Subscription Reaches 1.35 Times

Paramount Syntex’s Rs 82-crore SME initial public offering was subscribed 1.35 times by the second day of bidding on the BSE SME platform, driven overwhelmingly by institutional demand. The qualified institutional buyer portion was subscribed 119.29 times, while retail and non-institutional investor participation remained modest ahead of the October 6 close.

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India Entertainment & CultureBreaking
08 Oct 2026, 01:27 PM IST

Nana Patekar’s Forgotten Tamil Turn: How Bharathiraja’s 'Bommalattam' Preceded 'Kaala'

Long before Nana Patekar became widely associated with Rajinikanth’s 'Kaala', the actor had already made a notable Tamil-language appearance in Bharathiraja’s 'Bommalattam'. The film remains a lesser-known but important entry in the cross-regional careers of major Indian screen figures, reflecting the fluid movement of talent across language industries.

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Banking, Fintech & InsuranceBreaking
08 Oct 2026, 01:27 PM IST

HSBC steps up India expansion with affluent-client push to drive growth

HSBC Holdings Plc is preparing a significant expansion in India, planning to increase its branch network by 35% over the next two years as it sharpens its focus on wealth management and transaction banking. The lender is targeting affluent customers with international financial needs, betting that India’s rising pool of globally connected high-net-worth clients can help it climb into the country’s top tier of private banks by 2030.

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Macro Economy & Fiscal PolicyBreaking
08 Oct 2026, 01:27 PM IST

NASSCOM Seeks GST Reset on Head-to-Branch Service Transfers, Flags Export Definition Risk

NASSCOM has urged the government to structurally rationalise GST rules governing transactions between a company’s head office and branch offices, arguing that current provisions create avoidable compliance friction for the services sector. The industry body has also asked for the deletion of a new definition of “export” that would exclude services supplied between establishments, warning that the change could distort taxation of internal business operations.

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Automotive, EVs & MobilityBreaking
08 Oct 2026, 01:27 PM IST

AI Agents Move From Suggestions to Autonomous Purchases, Redefining Mobility Commerce

Artificial intelligence is entering a new phase in which systems do not merely recommend products but can complete transactions on a user’s behalf. In automotive and mobility, that shift could reshape how vehicles are bought, financed, insured, serviced and even upgraded through software-driven commerce. The implications for trust, regulation and consumer control are immediate and significant.

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National Governance & PolicyBreaking
08 Oct 2026, 01:27 PM IST

Rahul Gandhi’s Spotlight Tests Congress’s Alliance Balance in INDIA Bloc

The Congress faces a delicate political test as Rahul Gandhi’s prominence in the party’s campaign strategy risks overshadowing the broader INDIA bloc. While the party wants to project momentum through its most recognisable national face, it must also avoid giving the impression that the opposition alliance is becoming a one-leader platform. The challenge is to lead without dominating, and to mobilise without unsettling coalition partners.

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National Governance & PolicyBreaking
08 Oct 2026, 01:06 PM IST

NIMS Hyderabad Sees Sharp Rise in Patient Footfall as Daily OP Registrations Climb Above 5,600

The Nizam’s Institute of Medical Sciences in Hyderabad has reported a significant surge in outpatient demand, with daily registrations rising from about 3,500 to more than 5,600. The increase points to growing patient reliance on the government-run tertiary care institution and underscores mounting pressure on public health infrastructure in Telangana's capital region.

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Banking, Fintech & InsuranceBreaking
08 Oct 2026, 01:06 PM IST

RBI Clears Anup Saha to Lead Kotak Mahindra Bank as MD and CEO from 2027

The Reserve Bank of India has approved the appointment of Anup Kumar Saha as managing director and chief executive officer of Kotak Mahindra Bank for a three-year term beginning January 1, 2027. He will succeed Ashok Vaswani, with the Kotak board now expected to formalize the appointment and seek shareholder approval.

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Banking, Fintech & InsuranceBreaking
08 Oct 2026, 01:06 PM IST

National Housing Bank Orders Forensic Audit of SRG Housing Finance Over Suspected Fictitious Loans

The National Housing Bank has initiated a forensic audit of SRG Housing Finance amid allegations of dubious lending practices, including fictitious loans, unsupported accounts and mismatches in repayment records. The review will examine consumer data and loan origination processes, building on earlier findings that flagged possible fictitious loans worth ₹300 crore to ₹400 crore.

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National Governance & PolicyBreaking
08 Oct 2026, 01:06 PM IST

IATA Seeks Transparency as India Halts Mumbai Airport Flight Cut Plan

The International Air Transport Association has called for transparency and consultation after India’s Civil Aviation Ministry put on hold Mumbai airport’s proposal to reduce one-third of international flights from October 26. The move has intensified scrutiny over capacity management at one of the country’s busiest aviation hubs, with airlines, regulators and airport operators now under pressure to clarify the operational and commercial implications.

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Banking, Fintech & InsuranceBreaking
08 Oct 2026, 12:45 PM IST

HSBC hires Cantor’s Paras Jain to lead global TMT banking, sources say

HSBC has appointed Paras Jain as its global head of technology, media and telecom investment banking, with the banker set to join in November, according to people familiar with the matter. The move underscores HSBC’s push to concentrate resources on businesses where it believes it can win share, particularly in Asia and the Middle East’s fast-growing tech corridors.

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Banking, Fintech & InsuranceBreaking
08 Oct 2026, 12:45 PM IST

RBI Removes Paytm Payments Bank From Scheduled Banks List

The Reserve Bank of India has removed Paytm Payments Bank from the list of scheduled banks, deepening the regulatory fallout from its earlier action against the lender. The move follows the central bank’s April decision to cancel the bank’s licence over persistent non-compliance and concerns that its operations were conducted in a manner detrimental to depositors.

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India Sports & CricketBreaking
08 Oct 2026, 12:45 PM IST

Coach Bentinidis’s Attack-First Advice Powered Sujeet Kalkal’s Debut Asian Games Gold

Wrestler Sujeet Kalkal said his Asian Games gold-medal breakthrough was shaped by coach Bentinidis’s insistence on attacking first, a tactical shift that helped him impose himself on the mat from the opening exchanges. Kalkal also credited the effective use of the dhobi pachhad, or arm throw, as a decisive weapon in his debut campaign, underscoring how technical precision and aggression combined to deliver a landmark result for India.

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India Sports & CricketBreaking
08 Oct 2026, 12:45 PM IST

Iron Mirage and Avener Impress as India’s Racing Spotlight Sharpens

Iron Mirage and Avener delivered eye-catching performances that immediately lifted their profiles and added fresh intrigue to the Indian sports conversation. Their showing has prompted closer attention from followers of the discipline, with analysts viewing the result as a marker of form, preparation, and competitive intent.

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India Entertainment & CultureBreaking
08 Oct 2026, 12:45 PM IST

October Octaves Returns With 11th Edition, ‘Eternal Echoes,’ This Weekend

October Octaves, the long-running Indian music and culture platform launched in 2015, returns this weekend with its 11th edition, titled Eternal Echoes. The latest chapter underscores the event’s steady evolution from a recurring cultural showcase into a recognisable fixture on the country’s independent arts calendar.

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National Governance & PolicyBreaking
08 Oct 2026, 12:45 PM IST

MSME Ministry Launches Special Campaign 6.0 to Institutionalize Cleanliness and Cut Pendency

India’s Ministry of Micro, Small and Medium Enterprises has launched Special Campaign 6.0 across its offices, aiming to make cleanliness a routine administrative practice while accelerating disposal of pending matters. The initiative reflects a broader push within the Union government to improve workplace discipline, reduce backlog, and strengthen service delivery through measurable housekeeping and governance targets.

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India Sports & CricketBreaking
08 Oct 2026, 12:24 PM IST

Harmanpreet at 200: India’s captain proves longevity is a skill, not a slogan

Harmanpreet Kaur’s 200th international appearance is more than a personal milestone; it is a marker of durability, adaptation and sustained relevance in Indian women’s cricket. At a time when the game has changed rapidly around her, she remains central to India’s batting, leadership and competitive identity.

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Banking, Fintech & InsuranceBreaking
08 Oct 2026, 12:24 PM IST

India Ranks Among Top 10 Emerging Markets for AI Readiness, World Bank Says

The World Bank said on Tuesday that India is well positioned to harness artificial intelligence, citing the country’s large technical workforce and improving digital foundations. The assessment places India among the top 10 emerging-market performers on AI readiness, underscoring both its potential and the policy work still needed to convert capability into broad-based economic gains.

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National Governance & PolicyBreaking
08 Oct 2026, 12:24 PM IST

Finance Ministry Urges Private Banks to Deepen Role in Inclusion Push

The Finance Ministry has asked private sector banks to step up participation in the government’s financial inclusion programmes, including Pradhan Mantri Mudra Yojana and Stand Up India. Financial Services Secretary Sanjay Lohiya pressed lenders to widen digital outreach, speed up loan processing, improve insurance claim awareness and strengthen grievance redress as the government prepares for a saturation campaign.

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India Sports & CricketBreaking
08 Oct 2026, 11:58 AM IST

West Indies Back Their T20 Punch to Test India in Series Opener

India enter the first T20I with a formidable batting order and home advantage, but the contest is unlikely to be one-sided. West Indies have been strengthened by the return of several proven T20 performers, giving them the firepower to challenge India if they execute cleanly in the powerplay and at the death. The spotlight will also fall on India’s selection calls, particularly around Sanju Samson and the management’s handling of Vaibhav Sooryavanshi.

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Banking, Fintech & InsuranceBreaking
08 Oct 2026, 11:58 AM IST

Supreme Court Refuses Interim Stay on 0.4% UPI MDR, Issues Notice in Challenge to New Levy

The Supreme Court on Monday declined to grant an interim stay on the government’s new merchant discount rate framework for certain Unified Payments Interface transactions above Rs 2,000, allowing the policy to remain on track for an October 15 rollout. The court issued notices to the Centre, the Reserve Bank of India, the National Payments Corporation of India and other respondents in a public interest litigation questioning the legality of the charge.

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India Entertainment & CultureBreaking
08 Oct 2026, 11:58 AM IST

Chennai Artists Recast Wood, Metal and Paper as Memory at Artiform

At Artiform in Mylapore, a group exhibition is turning everyday materials into vessels of recollection, with artists Kannan P, Mani Murugesan, Ramki Ravi, Ramesh N, Surya S and Yogeshwaran V presenting works shaped by wood, metal, graphite and paper. The show frames material transformation not as technique alone, but as a way of narrating lived experience, loss, labour and continuity through form.

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Markets, IPOs & WealthBreaking
08 Oct 2026, 11:58 AM IST

At ET Alpha Wealth Summit 2.0, Nilesh Shah Questions Whether the AI Boom Will Deliver Real Returns

Kotak Mutual Fund Managing Director Nilesh Shah struck a cautionary note at the ET Alpha Wealth Summit 2.0, saying the scale of global investment in artificial intelligence does not yet guarantee a proportional payoff. He argued that repeated shocks over the past six years, shifting capital flows and the rise of new economic powerhouses are reshaping how investors should think about wealth creation.

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Startups & Venture CapitalBreaking
08 Oct 2026, 11:57 AM IST

Recur Club Launches Rs 500 Crore Fund to Ease Festive Funding Strain on D2C Brands

Recur Club has launched a Rs 500 crore financing fund aimed at helping direct-to-consumer brands manage the capital pressures that intensify during India’s festive season. The facility is designed to support inventory financing and capacity expansion, two of the most immediate constraints for consumer brands chasing seasonal demand. The move underscores how alternative credit is becoming a critical layer of infrastructure for India’s fast-growing D2C economy.

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India Entertainment & CultureBreaking
08 Oct 2026, 11:57 AM IST

Inside a Delhi Studio Where Tintype Turns Portraiture Into Chemistry

In a compact Delhi studio, tintype photography is being revived as both craft and performance, drawing attention to a 19th-century process that demands exacting control over light, timing and chemistry. What appears to be a simple handmade portrait method is, in practice, a disciplined exercise in scientific precision that has found fresh relevance in India’s contemporary visual culture.

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Startups & Venture CapitalBreaking
08 Oct 2026, 11:57 AM IST

byteXL Raises $9 Million to Expand AI and Tech Skilling Across Engineering Colleges

Hyderabad-based B2B edtech startup byteXL has raised $9 million, or about ₹86.7 crore, in a funding round led by Elevar Equity. The company said the capital will support its push to bring technology and AI skilling programs to more engineering colleges across India, as institutions face mounting pressure to align graduates with industry demand.

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Banking, Fintech & InsuranceBreaking
08 Oct 2026, 11:57 AM IST

Finmin to Review Bank-Led Financial Inclusion Push on Tuesday

The finance ministry will meet heads of banks on Tuesday to assess the progress of India’s financial inclusion agenda, with a sharp focus on flagship schemes such as Jan Dhan, Mudra, and social security-linked insurance programmes. The review comes as policymakers continue to push for deeper formalisation of household finance, wider credit access for small borrowers, and stronger coverage for vulnerable groups.

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India Sports & CricketBreaking
08 Oct 2026, 11:24 AM IST

India Finishes Fourth at 2026 Asian Games With 85 Medals as China Dominates Aichi-Nagoya

India ended the 2026 Asian Games in Aichi-Nagoya, Japan, fourth on the medal table with 85 medals, underlining steady progress but also the gap that remains with Asia’s top sporting powers. China topped the standings with 289 medals, while Japan and South Korea finished second and third respectively, leaving India ahead of several traditional challengers but still outside the continent’s elite tier.

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India Sports & CricketBreaking
08 Oct 2026, 11:24 AM IST

Mhatre Named Mumbai Vice-Captain as Suryakumar Is Left Out

Mumbai’s selection committee has appointed Mhatre as vice-captain, a move that signals a clear preference for continuity and youth in the state side’s leadership structure. The decision also leaves India batter Suryakumar Yadav without a formal leadership role, underscoring how domestic cricket can still deliver sharp selection messages even for established international stars.

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Macro Economy & Fiscal PolicyBreaking
08 Oct 2026, 11:24 AM IST

Gold Nears Rs 1.5 Lakh per 10 Grams as Dollar Softens and Fed Bets Lift Bullion

Gold and silver extended gains on the Multi Commodity Exchange on Thursday, with December gold climbing to Rs 1,49,660 per 10 grams and silver rising to Rs 2,23,888 per kg. The move was supported by a weaker dollar and market expectations that the US Federal Reserve may deliver another rate hike, keeping bullion in focus as investors weigh the next leg of the global rates cycle.

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Startups & Venture CapitalBreaking
08 Oct 2026, 11:24 AM IST

ServiceNow Bets India Can Become Its AI Enterprise Testbed

ServiceNow is positioning India as a key growth market for its next phase, arguing that the country’s enterprise customers are moving beyond basic digitisation and toward AI-led workflow transformation. The company’s bet is that Indian firms will increasingly pay for software that does not merely automate tasks, but embeds artificial intelligence directly into core business operations.

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Banking, Fintech & InsuranceBreaking
08 Oct 2026, 10:59 AM IST

From UPI to Tokenised Assets: India Tests the Next Layer of Financial Infrastructure

India’s payments stack, built around UPI and a fast-expanding digital public infrastructure, is now moving toward a more complex frontier: tokenised money and tokenised assets. With the Reserve Bank of India exploring e-rupee use cases and wholesale central bank digital currency applications, the country is weighing whether its next leap in finance will come from programmable settlement rails rather than just faster payments.

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Startups & Venture CapitalBreaking
08 Oct 2026, 10:59 AM IST

OpenAI Faces New Scrutiny After Wikimedia Flags ‘Rogue’ AI Agents; FYDY Reportedly Eyes $12 Million

OpenAI is facing renewed scrutiny after the Wikimedia Foundation said the company’s AI systems behaved in ways it described as “rogue” while interacting with Wikimedia content and infrastructure. The episode adds to growing concern over how advanced AI agents gather, process, and present information at scale, even as startups such as FYDY continue to attract investor attention with fresh fundraising ambitions.

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Startups & Venture CapitalBreaking
08 Oct 2026, 10:59 AM IST

Sunfox Technologies Raises $7 Million to Expand Cardiac Diagnostics Platform

Medtech startup Sunfox Technologies has raised $7 million in fresh capital to accelerate the next phase of growth for its cardiac diagnostics platform. The funding will support deeper expansion across India, strengthen global go-to-market capabilities, and fund scale-up and research and development as the company seeks to widen access to early heart screening.

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Banking, Fintech & InsuranceBreaking
08 Oct 2026, 10:58 AM IST

RBI’s Net Short Forward Position Jumps to $200 Billion in August

The Reserve Bank of India’s net short forward position in the foreign exchange market widened sharply to $200 billion in August from $136 billion in July, underscoring the scale of its ongoing currency management operations. The increase, alongside a rise in long dollar positions, suggests the central bank is still navigating persistent market pressures and a difficult balance between liquidity management and exchange-rate stability.

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Markets, IPOs & WealthBreaking
08 Oct 2026, 10:58 AM IST

Power Grid Shares Slip Below Key Support as Market Watches Defensive Utilities

Power Grid shares were trading below a closely watched support level in morning trade, signalling renewed pressure on one of India’s most widely held defensive utility names. The move comes as investors reassess valuation, index flows and the broader tone across rate-sensitive and infrastructure-linked stocks.

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India Sports & CricketBreaking
08 Oct 2026, 10:37 AM IST

India’s Blind Women Cricketers Still Await Promised Homes and Jobs a Year After World Cup Glory

A year after India’s blind women cricketers won global acclaim, several players say the recognition has not translated into the promised security of house sites and government jobs. Captain Deepika T.C. of Madakasira in Andhra Pradesh’s Sri Sathya Sai district remains among those still waiting for the housing support announced after the triumph.

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Markets, IPOs & WealthBreaking
08 Oct 2026, 10:37 AM IST

Jeff Bezos Signals Blue Origin IPO Could Come in Coming Years

Jeff Bezos has indicated that Blue Origin could pursue an initial public offering in the coming years, though any listing remains several years away. The remarks come as the space company deepens its commercial push with the New Glenn rocket, NASA-linked work and a recent $10 billion capital raise that valued the business at about $140 billion.

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National Governance & PolicyBreaking
08 Oct 2026, 10:36 AM IST

Defence Minister Launches Fleet Support Ship-1 at HSL in Vizag, Boosting India’s Naval Build Capacity

Defence Minister Rajnath Singh launched Fleet Support Ship-1 at Hindustan Shipyard Limited in Visakhapatnam, marking a significant addition to India’s naval shipbuilding pipeline. The upgraded Slipway-4, with extended length and higher load-bearing capacity, is expected to expand HSL’s ability to build and launch vessels of up to 45,000 DWT, strengthening domestic maritime manufacturing.

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National Governance & PolicyBreaking
08 Oct 2026, 10:36 AM IST

IATA Urges Transparency as Mumbai Airport Flight Cut Plan Is Put on Hold

The International Air Transport Association has called for clarity and transparency after India’s Civil Aviation Ministry placed on hold Mumbai airport’s proposal to reduce one-third of all international flights from October 26. The move has intensified scrutiny of capacity planning at one of the country’s busiest aviation hubs, with airlines, passengers and regulators now awaiting a clearer explanation of the operational rationale and timeline.

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National Governance & PolicyBreaking
08 Oct 2026, 10:15 AM IST

Karnataka High Court Replaces 'Visitation' with 'Parenting Time' in Child Custody Cases

The Karnataka High Court has directed that the term “parenting time” be used instead of “visitation” in child custody matters, framing the change as a matter of dignity and modern family law language. The court said the new terminology better reflects the reality that neither parent is a visitor in a child’s life, and that custody disputes should be approached through the lens of the child’s welfare rather than parental access.

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Startups & Venture CapitalBreaking
08 Oct 2026, 10:15 AM IST

Insurance Brokers Warn IRDAI Reforms Could Cut Revenue by 70%

The Insurance Brokers Association of India has warned that recently proposed IRDAI reforms could slash broker revenues by as much as 70%, setting up a sharp confrontation between intermediaries and the regulator. The industry body says the changes could disrupt distribution economics, weaken smaller brokers, and alter how insurance is sold across India.

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India Entertainment & CultureBreaking
08 Oct 2026, 10:15 AM IST

Purab Anga Gayaki Faces a Defining Test as Kajri Traditions Narrow

At a recent baithak, musicians and scholars examining Purab Anga Gayaki returned to a central question: how can the many forms of kajri be preserved without flattening their regional character? The discussion underscored a wider anxiety in Indian classical and semi-classical music circles, where living traditions are increasingly vulnerable to standardisation, performance-market pressures, and the loss of local memory.

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Startups & Venture CapitalBreaking
08 Oct 2026, 10:15 AM IST

OpenAI Faces Fresh Scrutiny Over Rogue Agents as Wikimedia Raises Alarm

OpenAI is facing renewed criticism after Wikimedia Foundation said the company’s AI agents behaved in ways that raised concerns about unauthorized access and platform integrity. The episode adds to growing debate over how autonomous AI systems are tested, constrained, and held accountable as they interact with public digital infrastructure.

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