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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 8 of 56
India Entertainment & CultureBreaking
14 Oct 2026, 05:53 PM IST

Ravi Teja and Vivek Athreya’s New Film Titled ‘Thulabaram’ as Title Documentary Sets the Tone

The makers of Ravi Teja and director Vivek Athreya’s upcoming Telugu film have officially unveiled the title, 'Thulabaram,' through a short documentary-style video. The presentation frames the project as a deliberate blend of crime, thriller and family drama, while also introducing a cast that includes Anaswara Rajan, Priyanka Mohan, JD Chakravarthy and Tharun Bhascker.

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India Entertainment & CultureBreaking
14 Oct 2026, 05:53 PM IST

‘Matchbox: The Movie’ Review: John Cena Keeps the Action Comedy Moving

‘Matchbox: The Movie’ leans on a familiar mix of friendship, international intrigue and tightly staged action to deliver a predictable but consistently watchable ride. John Cena anchors the film with physical ease and comic timing, helping it stay buoyant even when the plot follows well-worn genre paths.

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Macro Economy & Fiscal PolicyBreaking
14 Oct 2026, 05:53 PM IST

IMD Says Northeast Monsoon Due Tomorrow as Heavy Rain Pounds Tamil Nadu Coast

The India Meteorological Department has indicated that the northeast monsoon is set to arrive on Thursday, even as intense rain continues to lash Tamil Nadu’s coast and nearby union territories. The weather office has warned of isolated very heavy rain over Kerala, Mahe, Tamil Nadu, Puducherry and Karaikal on Thursday, with heavy rainfall likely across several southern and adjoining regions over the next five days.

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Banking, Fintech & InsuranceBreaking
14 Oct 2026, 06:14 PM IST

Govern Like HDFC, Build Like Google: PhonePe CEO Signals IPO and Global Ambition

PhonePe chief executive Sameer Nigam said the fintech company is aiming to go public “hopefully not too far away,” while stressing that governance standards must mature as quickly as product innovation. Speaking at TechSparks 2026, he framed PhonePe’s next phase around disciplined expansion, international growth and institutional readiness. Nigam also drew a sharp distinction between how a company should be run and how it should be built, urging startups to borrow governance from banks and execution from global technology leaders.

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Macro Economy & Fiscal PolicyBreaking
14 Oct 2026, 06:14 PM IST

India Unveils Two Credit Insurance Policies to De-Risk Shipbuilding and Speed Maritime Expansion

India has announced two credit risk insurance policies aimed at shielding shipyards from payment delays and broader financial exposure, in a move designed to strengthen the country’s shipbuilding base and maritime infrastructure. The measures are intended to improve lender confidence, support industrial competitiveness, and reduce one of the sector’s most persistent bottlenecks: long project cycles tied to delayed receivables.

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Markets, IPOs & WealthBreaking
14 Oct 2026, 06:14 PM IST

European Shares Edge Higher as ASML Rally Lifts Tech; Traders Await U.S. CPI

European equities rose modestly on Thursday, with the STOXX 600 recovering from earlier weakness as a surge in ASML supported technology shares. Gains were capped by renewed geopolitical concerns after attacks on vessels in the Strait of Hormuz pushed oil prices higher, while investors positioned cautiously ahead of U.S. consumer inflation data that could reshape interest-rate expectations.

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Automotive, EVs & MobilityBreaking
14 Oct 2026, 06:14 PM IST

Private Credit Loses Pricing Edge as Borrowers Tap New Funding Channels

Private credit is facing a sharper competitive squeeze as banks re-enter acquisition financing and regulatory shifts broaden borrower options, reducing the premium lenders can command. In the first half of 2026, a substantial share of private credit deals were priced below 18%, underscoring how quickly the market’s high-yield advantage is eroding.

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Banking, Fintech & InsuranceBreaking
14 Oct 2026, 06:14 PM IST

Banks Seek RBI Clarification on Forex Support Measures as Liquidity and Capital Questions Mount

Indian banks have asked the Reserve Bank of India for detailed guidance on how to implement its new currency-supporting measures, underscoring uncertainty over reserve calculations, liquidity treatment and customer pricing. Lenders are seeking clarity on how the foreign exchange risk reserve should be computed, whether related balances qualify as high-quality liquid assets, and how exposure limits will be assessed in practice.

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India Entertainment & CultureBreaking
14 Oct 2026, 06:14 PM IST

RJ Mitte, 'Breaking Bad' Actor and Disability Advocate, Dies at 34

RJ Mitte, best known for playing Walter White Jr. in the landmark series 'Breaking Bad,' has died at the age of 34. Beyond his screen work, Mitte became a visible advocate for disability rights, using his platform to challenge stereotypes and broaden representation in entertainment.

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India Entertainment & CultureBreaking
14 Oct 2026, 06:34 PM IST

Anthony Mackie and Jamie Dornan Face Off in Apple TV+ Heist Thriller '12 12 12'

Apple TV+ has unveiled the trailer for '12 12 12', an eight-episode heist thriller built around a tense cat-and-mouse dynamic between Anthony Mackie and Jamie Dornan. The series casts Mackie as a former FBI agent and Dornan as a globe-trotting criminal, positioning the show as a high-stakes addition to the streamer’s growing slate of premium genre dramas.

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Banking, Fintech & InsuranceBreaking
14 Oct 2026, 06:34 PM IST

Razorpay-Backed POP Enters Consumer Credit With POPchop BNPL Push

Razorpay-backed POP has launched POPchop, a buy-now-pay-later product that lets eligible shoppers split purchases into three interest-free instalments over three months. The move marks a strategic expansion beyond UPI, rewards and commerce as fintech platforms look to monetise large user bases through embedded credit.

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Startups & Venture CapitalBreaking
14 Oct 2026, 06:34 PM IST

Exclusive: Former Dyson India Chief Ankit Jain Secures BEENEXT Backing for New Venture

Former Dyson India managing director Ankit Jain has secured funding from BEENEXT for his new venture, marking a notable return for one of the consumer technology sector’s better-known operators. The investment underscores continued investor appetite for founder-led startups built by executives with deep category experience and execution credibility.

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Macro Economy & Fiscal PolicyBreaking
14 Oct 2026, 06:34 PM IST

Bayer to Distribute and Market INERA Crop Nutrition Product in India

Bayer has partnered with Absolute’s INERA to distribute and market a climate-resilient crop nutrition product in India, a move aimed at improving nutrient use efficiency through AI-driven analytics. The collaboration underscores how agribusiness is increasingly blending digital tools with input products to help farmers manage rising climate and productivity pressures.

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Banking, Fintech & InsuranceBreaking
14 Oct 2026, 06:34 PM IST

Sitharaman Rejects UPI MDR ‘Misconception,’ Says Merchant Fee Won’t Hit Consumers

Finance Minister Nirmala Sitharaman has moved to calm concerns over the Merchant Discount Rate on higher-value UPI transactions, saying the charge is borne by merchants and will not be passed on to consumers. She stressed that the levy is neither a tax nor a cess, but a payment-processing cost applied only to certain transactions above Rs 2,000.

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National Governance & PolicyBreaking
14 Oct 2026, 06:34 PM IST

Finance Ministry Urges Private Banks to Expand Role in Inclusion Schemes

The Finance Ministry has asked private sector banks to deepen their 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 support the upcoming saturation campaign, widen digital outreach, improve loan processing, strengthen insurance awareness and resolve customer grievances more effectively.

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Banking, Fintech & InsuranceBreaking
14 Oct 2026, 06:34 PM IST

RBI Faces Importer Dollar Surge as Rupee Slide Deepens Pressure on FX Market

Importers have emerged as a major force behind the rupee’s persistent weakness, with forward dollar purchases jumping 44% to $64 billion a month this year, according to market data cited in the story. The surge suggests companies are rushing to lock in foreign exchange cover, adding to demand for dollars just as the Reserve Bank of India confronts a more fragile currency backdrop.

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Banking, Fintech & InsuranceBreaking
14 Oct 2026, 06:34 PM IST

Lagarde Says France Must Fix Debt Through Fiscal Discipline, Not ECB Support

European Central Bank President Christine Lagarde said France must confront its widening debt and deficit through domestic fiscal consolidation rather than expect central bank bond intervention. Speaking in Bangkok, she also said eurozone inflation remains elevated because of energy costs, even as the region’s growth outlook stays modestly resilient.

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Markets, IPOs & WealthBreaking
14 Oct 2026, 06:34 PM IST

Anand Rathi Share and Stock Brokers Falls 6% as Margin Pressure Overshadows Strong Profit Growth

Anand Rathi Share and Stock Brokers shares fell as much as 6% on Wednesday even after the company reported a 50% year-on-year jump in second-quarter net profit to Rs 41.94 crore. The market reaction suggests investors are focusing less on headline earnings growth and more on margin compression, with operating expenses rising 14% and employee benefit costs surging 31%.

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India Sports & CricketBreaking
14 Oct 2026, 06:55 PM IST

Zverev Set to Finish Year at No. 1 After Alcaraz Defeat and Sinner Injury Blow

Alexander Zverev is poised to end the season as world No. 1 after Carlos Alcaraz’s loss and Jannik Sinner’s injury absence reshaped the race at the top of men’s tennis. The German, currently ranked No. 2, is now positioned to overtake Sinner before the season concludes next month, marking a major late-season shift in the ATP standings.

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Macro Economy & Fiscal PolicyBreaking
14 Oct 2026, 06:55 PM IST

Deficit Rain, Borer Threat May Weigh on India’s Arabica Crop This Year

India’s arabica coffee crop is likely to face pressure this year from below-normal rainfall and a possible rise in stem borer infestation, even as the Coffee Board has projected a larger overall harvest for 2026-27. The Board’s initial estimate pegs total coffee output at 4.04 lakh tonnes, up from 3.73 lakh tonnes in the previous year, but growers say weather stress and pest risk could trim arabica yields and complicate the outlook.

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Macro Economy & Fiscal PolicyBreaking
14 Oct 2026, 06:55 PM IST

IMF Urges Governments to Trim Spending as Debt Burden Nears 100% of Global GDP

The International Monetary Fund has called on governments to curb spending, narrow budget deficits and bring down debt as rising borrowing costs tighten fiscal conditions worldwide. With global public debt approaching 100% of GDP, the Fund warned that higher bond yields are reducing policy room just as economies face greater vulnerability to future shocks.

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Automotive, EVs & MobilityBreaking
14 Oct 2026, 06:55 PM IST

Make in India Enters Deeper Manufacturing Phase as CII Flags Global Competitiveness Push

India’s manufacturing strategy is moving beyond capacity expansion toward stronger domestic supply chains, higher technology content and tighter integration with global markets, the Confederation of Indian Industry said as the Make in India initiative marked 12 years. The shift is especially significant for automotive, EVs and mobility, where competitiveness will increasingly depend on localisation, advanced components and export readiness rather than assembly alone.

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Startups & Venture CapitalBreaking
14 Oct 2026, 07:15 PM IST

Exclusive: Former Dyson India Chief Ankit Jain Secures BEENEXT Backing for New Venture

Former Dyson India managing director Ankit Jain has secured funding from venture capital firm BEENEXT for his new startup, marking an important early validation for his next act after a high-profile corporate run. The investment comes nearly two months after Inc42 first reported that Jain was preparing to launch a fresh venture, underscoring investor appetite for experienced operators building in India’s startup market.

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Startups & Venture CapitalBreaking
14 Oct 2026, 07:15 PM IST

India’s Startup Founders Took ₹52.57 Crore in FY26 Fixed Pay, Up 2% as Compensation Stays Under the Lens

Nineteen founders across 13 new-age technology companies earned a combined ₹52.57 crore in fixed remuneration in FY26, marking a 2% increase from the previous year, according to the latest founders’ salary tracker. The data underscores how founder pay remains a closely watched signal in India’s startup ecosystem, where profitability, governance and investor scrutiny are increasingly shaping compensation norms.

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Macro Economy & Fiscal PolicyBreaking
14 Oct 2026, 07:15 PM IST

Gold Slides More Than 1% as Hot U.S. Inflation Data Lifts Fed Hike Bets

Gold extended its decline for a third straight session after fresh U.S. consumer price data for September came in hot, reinforcing expectations that the Federal Reserve may keep policy tighter for longer. A firmer U.S. dollar added pressure on bullion, which became more expensive for overseas buyers as traders priced in a meaningful chance of another rate hike this month and near-certainty of one by December.

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Macro Economy & Fiscal PolicyBreaking
14 Oct 2026, 07:15 PM IST

AI Is Both Catalyst and Risk, Say Atul Suri and Ravi Dharamshi at Alpha Wealth Summit 2.0

At the Alpha Wealth Summit 2.0, market strategists Atul Suri and Ravi Dharamshi framed artificial intelligence as one of the most consequential forces shaping the next phase of global growth, productivity and capital allocation. Their message was clear: AI could unlock a major economic leap, but it also carries valuation, employment and concentration risks that investors and policymakers cannot ignore.

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Macro Economy & Fiscal PolicyBreaking
14 Oct 2026, 07:15 PM IST

Rupee Extends Third-Day Gain but Fails to Hold Below 95 as Importer Hedging Keeps Dollar Demand Firm

The Indian rupee advanced for a third straight session on Wednesday, briefly strengthening to 94.77 against the US dollar before easing back to 95.15 as importer hedging and persistent dollar demand capped gains. Traders also remained cautious ahead of US consumer inflation data, which could shape the Federal Reserve’s next policy move and influence global currency flows.

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Banking, Fintech & InsuranceBreaking
14 Oct 2026, 07:15 PM IST

Amansa, SBI Mutual Fund, HDFC Life Back Tonbo Imaging in Rs 413 Crore Secondary Deal Ahead of IPO

Amansa Investments, SBI Mutual Fund, HDFC Life Insurance Company and other investors have bought shares worth more than Rs 413 crore in Tonbo Imaging India Ltd through secondary transactions, valuing the defence electronics company at about Rs 4,000 crore. The deal signals rising institutional appetite for India’s strategic technology and defence manufacturing ecosystem as Tonbo positions itself for a public listing.

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India Sports & CricketBreaking
14 Oct 2026, 07:15 PM IST

Ashis Recounts Hard-Fought Battles Against Touring Australians

Former India pacer Ashis has revisited the intensity and discipline required to compete against touring Australian sides, offering a candid reflection on one of cricket’s most demanding rivalries. His recollections underline how pace, pressure and mental resilience shaped contests that often tested India’s bowling depth and tactical flexibility.

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Startups & Venture CapitalBreaking
14 Oct 2026, 07:38 PM IST

Clueso Raises $10 Million Series A to Scale Agentic Video Editing Platform

Agentic video startup Clueso has raised $10 million in a Series A round as it looks to accelerate enterprise sales, deepen its AI-driven editing layer and broaden product capabilities. Founded by IIT Madras alumni, the company is positioning itself as a workflow tool for teams that need to create polished video content faster and with less manual effort.

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Banking, Fintech & InsuranceBreaking
14 Oct 2026, 07:38 PM IST

IDBI Bank Strategic Restructuring FAQ Signals a Delicate Policy Reset

IDBI Bank’s strategic restructuring has moved into a more public, policy-facing phase, with the release of frequently asked questions underscoring the government’s effort to frame the process as orderly, transparent, and institutionally disciplined. The document is significant not only for what it explains, but for what it implies: a carefully managed transition that could shape market confidence, ownership expectations, and the broader template for state-linked financial sector reform.

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Banking, Fintech & InsuranceBreaking
14 Oct 2026, 07:38 PM IST

Razorpay-Backed POP Bets on Credit With POPchop to Monetise UPI Users

Razorpay-backed POP has entered consumer credit 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 marks a strategic shift beyond UPI, rewards and commerce as fintech platforms look to deepen monetisation of their user bases without relying solely on payments volume.

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Markets, IPOs & WealthBreaking
14 Oct 2026, 07:38 PM IST

SME-Focused PMS Strategies Outperform as Nifty Sinks 6% in September

Small-cap and SME-oriented portfolio management schemes delivered a sharp outperformance in September even as India’s benchmark indices were hit by a broad market selloff. Hem Securities’ India Rising SME Stars scheme led the pack with a 7.23% gain, while several mid-cap and thematic strategies posted losses as steep as 10.16%, according to PMS Bazaar data.

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Macro Economy & Fiscal PolicyBreaking
14 Oct 2026, 07:38 PM IST

IMD Says Northeast Monsoon Due Tomorrow as Heavy Rain Pounds Tamil Nadu Coast

The India Meteorological Department has said the northeast monsoon is likely to set in over south India on Thursday, even as heavy to very heavy rain continues to lash the Tamil Nadu coast. The forecast points to isolated very heavy rainfall over Kerala and Mahe, and over Tamil Nadu, Puducherry and Karaikal, with intense showers likely to persist across several southern and adjoining regions over the next five days.

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Startups & Venture CapitalBreaking
14 Oct 2026, 07:38 PM IST

How Fix My Curls Built a Quick-Commerce Engine From Scratch

Fix My Curls, the Indian haircare brand founded by Anshita Mehrotra, has built a rapid-delivery distribution system from the ground up rather than waiting for traditional retail to catch up. The move reflects a broader shift in beauty and personal care, where speed, availability and repeat purchase are becoming as important as branding and product formulation.

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Banking, Fintech & InsuranceBreaking
14 Oct 2026, 07:38 PM IST

PNB Housing Sees 5-8 bps NIM Lift From RBI Rate Hike, CEO Ajai Shukla Says

PNB Housing Finance expects a modest 5-8 basis point improvement in net interest margin after the Reserve Bank’s recent rate hike, according to Chief Executive Ajai Shukla. The lender said the move should also support cheaper loans for customers, while housing finance demand remains firm and its credit profile has been strengthened by a Crisil upgrade to AAA/Stable.

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National Governance & PolicyBreaking
14 Oct 2026, 08:03 PM IST

TEC Marks World Standards Day in New Delhi, Spotlighting India’s Expanding Role in Global Telecom Standardisation

The Telecommunication Engineering Centre (TEC) marked World Standards Day 2026 in New Delhi with a strong emphasis on India’s growing influence in shaping global telecommunications standards. The event underscored how standards are becoming central to digital governance, interoperability, and the country’s ambitions in 5G, 6G, and next-generation networks. Officials framed standard-setting not as a technical afterthought, but as a strategic lever for national competitiveness and policy leadership.

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India Sports & CricketBreaking
14 Oct 2026, 08:03 PM IST

Root’s Chase for Tendulkar’s Record Sets Up Cricket’s Most Enduring Test

Joe Root now stands 1,644 runs short of Sachin Tendulkar’s all-time Test run record, a gap that frames one of modern cricket’s most compelling statistical pursuits. The chase is less about a single milestone than a prolonged contest between two era-defining batters whose consistency has helped shape the sport’s Test tradition.

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Startups & Venture CapitalBreaking
14 Oct 2026, 08:03 PM IST

Centre Readies Data Centre Policy as Power Costs Cast a Shadow Over Expansion

The Centre is preparing a dedicated policy for data centres, Minister of State for IT Jitin Prasada said, as policymakers confront rising concerns over electricity costs, grid reliability and the capital intensity of digital infrastructure. The move signals a more formal regulatory push to support one of India’s fastest-growing startup-adjacent sectors, which is increasingly central to cloud computing, AI workloads and enterprise digitisation.

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Banking, Fintech & InsuranceBreaking
14 Oct 2026, 08:03 PM IST

Axis Bank Plans to Double Its 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 industry, with exposure to the sector expected to double over the next three years from Rs 8,688 crore. The move reflects rising bank appetite for infrastructure tied to artificial intelligence, cloud computing and large-scale digital storage, even as lenders weigh long-tenor risks and execution challenges. Government policy support is also helping make the sector more bankable.

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Markets, IPOs & WealthBreaking
14 Oct 2026, 08:03 PM IST

Transformers & Rectifiers Surges Over 18% as Q2 Profit Jumps 135% and Revenue Climbs 61%

Transformers & Rectifiers shares rallied more than 18% after the company reported a sharp improvement in quarterly performance, with consolidated net profit rising 135% year on year and revenue increasing 61% in Q2FY27. The stock also drew support from a near doubling of order inflows to Rs 1,169 crore and a 32% expansion in its unexecuted order book, signalling sustained demand visibility.

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Macro Economy & Fiscal PolicyBreaking
14 Oct 2026, 08:03 PM IST

Government Sees Path to Tax Target as GST Reforms Broaden Base and Tighten Compliance

The government is increasingly confident of meeting its tax collection target this fiscal year, supported by GST reforms, a widening taxpayer base and the planned expansion of B2C e-invoicing, according to officials tracking revenue trends. The outlook reflects a push to improve compliance rather than rely solely on higher rates, even as the broader economy navigates uneven consumption and sector-specific pressures.

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National Governance & PolicyBreaking
14 Oct 2026, 08:03 PM IST

Kerala High Court Orders Upload of Vehicle Modification Evidence in Accident Cases

The Kerala High Court has directed that photographs and videos showing modification details of vehicles involved in accidents must be uploaded to a designated portal, tightening the evidentiary trail in road crash investigations. The move is aimed at improving accountability in cases where altered vehicles, especially those with structural or mechanical changes, may have contributed to collisions or fatalities.

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India Sports & CricketBreaking
14 Oct 2026, 08:28 PM IST

‘Premada Oorali’ Turns into a Kannada Box Office Shockwave, Reviving Small-Town Theatres and Stirring Industry Debate

The runaway success of 'Premada Oorali' has jolted Karnataka’s Kannada film market, drawing audiences back to theatres in smaller towns and giving exhibitors a much-needed lift. But the film’s unexpected scale of success has also left filmmakers wrestling with a harder question: what kinds of stories can reliably connect with viewers in a changing market?

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Macro Economy & Fiscal PolicyBreaking
14 Oct 2026, 08:28 PM IST

BHEL Q2 Net Profit Jumps 120% to Rs 810 Crore as Revenue Rises 24%

Bharat Heavy Electricals Limited posted a sharp year-on-year rise in second-quarter earnings, with net profit surging 120.1% to Rs 810 crore from Rs 368 crore a year earlier. Revenue from operations climbed 23.8% to Rs 9,300 crore, underscoring stronger execution and improved operating momentum in the state-owned engineering major.

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Markets, IPOs & WealthBreaking
14 Oct 2026, 08:28 PM IST

Barclays Plans India Equity Advisory Return After Nearly a Decade

Barclays is preparing to restart its equity capital markets business in India, marking a return to a market it exited nearly a decade ago as the country’s IPO pipeline accelerates. The move reflects renewed confidence in India’s fundraising environment, supported by strong retail participation, startup expansion and a deep queue of companies seeking public listings.

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National Governance & PolicyBreaking
14 Oct 2026, 08:28 PM IST

Delhi Half Marathon Route to See Minor Refinements as Race Day Nears

Organisers of the Delhi Half Marathon said the route will undergo “minor refinements” as preparations enter the final stretch, with safety and runner experience guiding the changes. The event is being coordinated closely with relevant authorities ahead of race day, underscoring the logistical complexity of staging one of the capital’s most visible mass-participation sporting events.

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Banking, Fintech & InsuranceBreaking
14 Oct 2026, 08:28 PM IST

FCNR Inflows Seen Capping Bank Deposit Rates as Liquidity Stays Ample

Foreign currency non-resident deposit inflows are expected to keep a lid on bank deposit rates in the near term by adding to system liquidity and easing funding pressure. Analysts say the benefit may be temporary, with conditions likely to move back toward neutrality by the end of December even as banks continue to gain from higher yields on floating-rate loans.

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Banking, Fintech & InsuranceBreaking
14 Oct 2026, 08:28 PM IST

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

HDFC Bank has appointed Anup Bagchi as its new Managing Director and Chief Executive Officer, with the transition set to take effect on October 27. Bagchi, a long-serving ICICI Bank executive with experience across banking, insurance and financial services, will succeed Sashidhar Jagdishan as the lender enters a crucial phase of leadership continuity and strategic execution.

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