Yes Bank reported a 65% year-on-year rise in second-quarter profit to Rs 1,080 crore, comfortably ahead of market expectations. But the lender said the figure would have swung to a loss of Rs 5,217 crore had it booked the impact of the Supreme Court’s ruling that set aside its Rs 8,400 crore additional tier-1 bond write-off, and it is now assessing the financial and legal fallout.
Heavy rain lashed several districts across southern Tamil Nadu on Friday, disrupting road movement in hill and ghat stretches and prompting precautionary traffic controls. Officials from the highways department restricted the movement of heavy vehicles after 6 p.m. on the Batlagundu-Kodaikanal route as a safety measure amid slippery conditions and reduced visibility.
Australia have been left with immediate selection and tactical questions after a bruising defeat to South Africa exposed fragility in both their batting order and team balance. After collapsing to 99 all out in the first innings and later being dismissed for 295, Australia were rescued only by Travis Head’s superb 121 and a defiant 40 from nightwatchman Scott Boland off 166 balls.
Prime Minister Narendra Modi has shared an article by Lok Sabha Speaker Om Birla that underscores the 12th BRICS Parliamentary Forum as a platform for strengthening legislative dialogue, cooperation and institutional trust among member nations. The intervention highlights India’s effort to project parliamentary diplomacy as a practical complement to executive-level engagement within the BRICS framework.
Ecommerce SaaS company Unicommerce reported a consolidated net profit of ₹6.4 crore for the September quarter of FY27, marking an 11% year-on-year increase, while revenue rose 15% to reflect steady demand for its software-led commerce operations stack. The results suggest the company continues to convert top-line growth into incremental profitability even as the broader startup and SaaS market remains selective on spending and execution.
Kerala’s government has approved a plan to launch flight services through the cooperative sector, a move that signals an unusual expansion of the state’s cooperative model into aviation. Chief Minister Pinarayi Vijayan said the project will be spearheaded by MVR Cancer Centre Chairman C N Vijayakrishnan, while the government will guarantee deposits made by people in the cooperative sector.
State Bank of India Chairman CS Setty said higher interest rates are likely to moderate credit demand, especially in discretionary and other rate-sensitive segments, as borrowers adjust to a tighter monetary environment. He expects the Reserve Bank of India to deliver another 50 basis points repo rate increase in December before pausing, while stressing that there are no system-level concerns in retail asset quality.
Tamil Nadu enter their Ranji Trophy fixture with confidence after an emphatic innings win over Uttarakhand in the previous round, a result that has strengthened their case as one of the more settled sides in the competition. Railways, meanwhile, arrive still searching for their first victory of the season and will view this match as a chance to reset their campaign against a well-drilled opponent.
Vani Kapoor moved into unfamiliar but welcome territory on home soil, grabbing a one-stroke lead after the opening rounds of the Hero Women’s Indian Open. The 32-year-old Indian veteran edged ahead of defending champion Shannon Tan and three-time winner Pornanong Phatlum in a tightly packed leaderboard that underlines how little margin separates the field.
Karnataka State University of Agricultural and Horticultural Sciences (KSNUAHS) will hold its Krishi-Thotagarike Mela in Shivamogga from October 30, with this year’s edition sharply focused on drought management. Vice-Chancellor M.V. Dhananjaya said the event is being organised against the backdrop of a severe drought affecting farmers across the six districts under the university’s jurisdiction. The mela is expected to serve as a practical platform for climate-resilient farming advice, technology transfer, and farmer outreach.
Nayanthara has come on board Rajinikanth’s next film, tentatively titled 'Dharman', marking another high-profile reunion between two of Tamil cinema’s most bankable stars. The casting adds immediate commercial weight to the project and renews interest in a pairing that has repeatedly delivered audience appeal across multiple films.
A surge in crude oil prices toward $120 a barrel is set to intensify inflationary and fiscal pressures on India, raising the cost of imports, transport and farm inputs. Yet the economy may not face the full force of the shock, with some tailwinds from stronger tax collections, subsidy management and policy buffers likely to soften the impact.
Nicolas Jackson scored twice as Aston Villa handed Manchester City their first Premier League defeat of the season, winning 2-1 at Villa Park in a result that reshapes the early table. Unai Emery’s side climbed to sixth on 11 points, while Villa also secured their first league victory at home this season and extended their winning streak against City to three matches.
The Supreme Court on Monday said 14 states have so far agreed to raise the retirement age of judicial officers from 60 to 62 years, a move the Chief Justice of India described as a significant step toward strengthening the lower judiciary. The court said it remains hopeful that the remaining states will follow suit, underscoring the broader push to improve judicial capacity and reduce vacancies.
Vice President C. P. Radhakrishnan is scheduled to undertake a two-day visit to Andhra Pradesh on October 26 and 27, underscoring the constitutional office’s continuing engagement with the states. The trip is expected to carry institutional significance, with attention on public interactions, official meetings, and the broader federal message such visits convey.
Tamil Nadu enter their Ranji Trophy fixture against Railways with confidence after an innings victory over Uttarakhand in the previous round, a result that has sharpened belief in Sai Kishore’s camp. Railways, meanwhile, arrive under pressure to secure their first win of the season, setting up a contest shaped as much by momentum and discipline as by individual skill.
Moody’s expects Fairfax Financial Holdings’ planned majority acquisition of IDBI Bank to have only a limited effect on the Canadian investor’s leverage, underscoring the group’s financial flexibility as it expands in India. The transaction, aimed at deepening Fairfax’s exposure to India’s banking market, comes as IDBI Bank has strengthened profitability since 2021 under improved management and operating discipline.
Commerce and Industry Minister Piyush Goyal said India should identify professions and sectors that are less vulnerable to artificial intelligence displacement while positioning the country to lead globally in areas where AI can raise productivity without replacing workers. He pointed to India’s large skilled workforce, young population and traditional strengths as core advantages in building an AI-era growth strategy.
Global asset and wealth management firms entered 2026 at record scale, with assets under management reaching $159 trillion, up 15% year on year, according to Morgan Stanley. The bank said the industry is positioned for further expansion through 2030, but warned that fee compression, rising operating costs and intensifying competition will continue to weigh on profitability.
Reliance Industries’ digital services arm Jio Platforms saw overwhelming investor demand as its ₹30,213 crore initial public offering closed with 22.19 times overall subscription on the final day. The qualified institutional buyer portion led the rush, booked 70.55 times, underscoring strong institutional conviction in the company’s scale, digital ecosystem and long-term growth prospects.
Theatre group Ank is celebrating its golden jubilee with a new production that revisits the legacy of Veera Rani Abbakka, the 16th-century queen of Ullala remembered for resisting Portuguese expansion on India’s western coast. Titled Veera Rani Abbakka: The Queen of the Seas, The Flame of Ullala, the play is written, directed and headlined by Priita Mathur Thakur, positioning the production as both a historical retelling and a contemporary act of cultural remembrance.
The India Meteorological Department has warned of extremely severe rainfall over Coastal Andhra Pradesh as a cyclonic system in the Bay of Bengal continues to draw close attention from forecasters and disaster managers. While the eventual landfall time and exact point remain uncertain, the risk profile has widened across the east coast, with very heavy rain also likely in parts of Tamil Nadu, Kerala, South Interior Karnataka and Lakshadweep.
The Ministry of New and Renewable Energy has moved to actively implement Special Campaign 6, a government-wide administrative drive aimed at improving cleanliness, disposal of pending matters, and overall office efficiency. The initiative places the ministry within a broader Centre-led push to tighten governance discipline and reduce procedural bottlenecks across public institutions. The campaign signals a renewed emphasis on measurable administrative housekeeping alongside policy delivery in India’s fast-expanding clean energy sector.
India needs stronger incentives to expand domestic solar cell production before potential Chinese export restrictions tighten supply chains, Solex Chairman Chetan Shah warned. He said any delay in building local capacity could trigger module shortages, slow project execution and put upward pressure on tariffs in the renewable energy market.
India’s food procurement system is moving toward a more data-driven model, with policymakers and market participants increasingly arguing that better information can improve farm incomes, consumer prices and resource efficiency. The central test is whether digital intelligence can reduce waste, sharpen public purchasing and make the food chain more resilient without excluding smaller farmers.
Artist and graphic novelist Sarnath Banerjee has opened a new exhibition, Badly Remembered Things, that draws on three decades of work while inviting viewers to complete the narrative themselves. The show positions memory not as a fixed archive but as a shared, unstable space shaped by what audiences bring to it.
Framed as an immersive collaboration between artist and viewer, the exhibition underscores Banerjee’s long-standing interest in storytelling, urban memory, and the gaps between recollection and fact.
Prime Minister Narendra Modi used his monthly Mann Ki Baat address to highlight the progress of India’s khadi and village industries, framing the sector as both an economic asset and a symbol of self-reliance. The remarks were aimed at reinforcing confidence among artisans, weavers, and rural producers whose work remains central to the government’s rural enterprise narrative.
The Central Marine Fisheries Research Institute has supplied 5 lakh green mussel seeds to coastal fisher-folk in Maharashtra, in a move designed to convert marine research into income-generating activity. The initiative is aimed at expanding sustainable bivalve farming along the state’s coast, offering an alternative livelihood model that could strengthen household earnings while easing pressure on wild fish stocks.
Hyderabad and Punjab meet in a top-of-the-table Ranji Trophy clash that could be decided as much by patience as by pedigree, with a surface expected to assist slow bowlers. The absence of Mohammed Siraj and Shubman Gill removes star power from the fixture, but the contest still carries major weight in the race for early-season supremacy.
Chinese dramas are quietly gaining ground in India, challenging the long-held dominance of Korean content among young streaming audiences. Viewers are responding to flawed protagonists, stronger female characters, and stories rooted in ordinary urban life rather than polished fantasy.
Chevittorma, set for the 2026 Ranga Shankara Theatre Festival in Bengaluru, turns a personal story into a wider meditation on ecological neglect and the human cost of environmental decline. The production is positioned as a reminder that some crises remain invisible until they become irreversible, linking intimate loss with the slow violence of environmental emergencies.
CreditAccess Grameen is in advanced discussions to raise $175 million in overseas loans from a group of international lenders, including DBS and Standard Chartered, as it works to diversify and strengthen its liability profile. The microfinance lender plans to use external commercial borrowings to meet a meaningful share of its annual funding needs, even as hedging costs rise but remain manageable, according to officials familiar with the matter.
Cordelia Cruises has begun commercial sailings of Cordelia Sky from Mumbai, marking a major expansion that lifts its fleet to two ships. The 848-foot vessel is set to operate domestic itineraries immediately, with Southeast Asia routes planned for 2027, underscoring the company’s longer-term push to deepen India’s cruise tourism market.
At TechSparks 2026, leaders from Skydo and PhonePe framed India’s fintech opportunity as a question of infrastructure, not just innovation. The discussion underscored that scaling cross-border payments, compliance, and operational efficiency will determine whether Indian fintech can compete beyond domestic markets.
The planned sale of a controlling stake in IDBI Bank, valued at roughly $6 billion, is emerging as a landmark test of India’s banking reform agenda and a fresh signal of global appetite for the country’s financial assets. The transaction has drawn attention from international investors and market participants who see India’s deepening capital markets and improving regulatory framework as increasingly attractive for large-scale dealmaking.
Theatre group Ank is marking its golden jubilee with a new production that returns to one of coastal India’s most formidable historical figures, Veera Rani Abbakka. Written, directed and headlined by Priita Mathur Thakur, the play seeks to reframe the Queen of Ullal as both a military strategist and a symbol of resistance, placing regional memory at the centre of a contemporary stage revival.
Google’s latest Pixel launch has renewed scrutiny of how far artificial intelligence can go in learning from users’ daily behaviour. While the company is pitching smarter assistance, the broader debate is whether convenience is arriving at the expense of privacy, data security and user control.
The new 'Street Fighter' film arrives as a gleefully overstuffed collision of arcade nostalgia, muscular absurdity and shameless provocation. It is too plot-light and too knowingly ridiculous to be mistaken for serious cinema, yet its commitment to excess gives it a real shot at becoming a midnight-movie cult favorite.
Nagaraju Maddirala, the former financial services secretary, has been appointed Chairman and Managing Director of Infrastructure Leasing & Financial Services Ltd. for a two-year term, marking a significant leadership change at the debt-laden infrastructure financier. The Ministry of Corporate Affairs confirmed the appointment on October 12, following the tenure of Nand Kishore, as IL&FS continues to operate under a government-appointed board after its financial collapse.
Congress leader Kripa Alva was questioned by investigators in connection with a sting operation case that has drawn attention in political and legal circles. The inquiry is being watched closely for its implications for accountability, media ethics, and the handling of politically sensitive investigations in India.
Kerala enters its Ranji Trophy clash against Bengal with confidence after an innings victory over Odisha, but the hosts are aware that a sterner examination awaits. Bengal arrive with a deeper batting order and a multi-dimensional bowling attack that has been in strong form this season, setting up a compelling early-season contest.
Defence technology company Tonbo Imaging delivered a robust market debut on Friday, with its shares closing the first trading session at ₹1,133.65, a 62% premium to the IPO price. The performance signals strong investor appetite for India’s defence-tech and deep-tech growth story, even as the broader market continues to assess valuations across newly listed startups and venture-backed companies.
Yes Bank reported a 65% year-on-year rise in second-quarter profit to Rs 1,080 crore, comfortably ahead of market expectations. But the lender said earnings would have swung to a loss of Rs 5,217 crore if it had accounted for the Supreme Court ruling that set aside its Rs 8,400 crore additional tier-1 bond write-off, underscoring a major unresolved legal and financial overhang.
Terminal 2 at Kempegowda International Airport in Bengaluru is drawing global attention for turning airport design into a strategic passenger experience advantage. Recognised among the Top 5 worldwide in Skytrax’s World’s Best Art in the Airport ranking, the eco-conscious terminal underscores how architecture, art and sustainability are becoming central to airport competition.
The 48th Sharadotsav of the South Madras Cultural Association in Chennai’s Nandanam area has turned its pandal into a tribute to Satyajit Ray, with the theme “Satyajit Ray’s Magical Creations” shaped entirely by the collective effort of members. The installation blends nostalgia, craftsmanship and cultural memory, offering visitors a rare Durga Puja experience rooted in Bengali artistic heritage and Chennai’s cosmopolitan festival culture.
The new Street Fighter film is a shamelessly overstuffed spectacle of muscle, innuendo and arcade-era nostalgia, built on thin plotting but powered by relentless momentum. It is too absurd to be taken seriously and too entertaining to be dismissed, making a surprisingly strong case for future cult status.
Yes Bank said it is evaluating capital-raising and other strategic options after a Supreme Court ruling is expected to reduce its Common Equity Tier 1 capital by reversing the 2020 write-down of additional Tier 1 bonds. The lender said its growth priorities remain intact, even as it assesses legal remedies and the financial impact of the judgment.
Delhi authorities have destroyed more than 900 kilograms of adulterated food items during intensified festive season inspections, underscoring a renewed push to curb unsafe and misleading food sales across the capital. Chief Minister Rekha Gupta said the department has been instructed to maintain surprise checks, routine monitoring and sample testing throughout the festival period.
Former Reserve Bank of India Governor D. Subbarao has argued that attempts to prop up the rupee through short-term intervention are ultimately ineffective if they do not address the deeper economic forces driving capital outflows. He said the currency should be allowed to find its level based on fundamentals, while calling for tax reforms and other structural measures to improve India’s attractiveness to foreign investors.
HDFC Bank Deputy Managing Director Kaizad Bharucha has sought to step down on December 31, 2026, marking a significant move in the lender’s ongoing leadership transition. The Reserve Bank of India has already approved Anup Bagchi’s appointment as chief executive officer for a three-year term beginning October 27, underscoring a carefully managed succession process at one of India’s largest private banks.
