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🇮🇳India Edition • Calendar Week 4

October 2026 — Week 4

Week 4 (Oct 22 – Oct 28) (2026/10/22 to 2026/10/28)

Weekly Stories453Page 5 of 10
Healthcare, Pharma & Life SciencesBreaking
25 Oct 2026, 08:00 PM IST

30 kg of Ganja Seized from Bus in Ponkunnam, Four Arrested in Kerala Drug Crackdown

Police in Kerala have seized 30 kilograms of ganja from a bus at Ponkunnam and arrested four people in connection with the haul, underscoring the continuing use of public transport routes for narcotics movement. The case adds to growing concerns over inter-district drug trafficking networks exploiting ordinary passenger corridors to evade detection.

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Macro Economy & Fiscal PolicyBreaking
25 Oct 2026, 08:00 PM IST

Radhakishan Damani’s Top Holdings Signal a Defensive, Cash-Generating Playbook

Radhakishan Damani’s portfolio continues to reflect a disciplined, long-term investing style anchored in consumer staples, logistics, and select industrial assets. Among his top holdings by value are United Breweries, TSF Investments, Horizon Industrial Parks, Blue Dart Express and Bhagiradha Chemicals, underscoring a mix of brand strength, operating leverage and asset-backed exposure.

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Banking, Fintech & InsuranceBreaking
25 Oct 2026, 08:00 PM IST

Fairfax Proposes Path to Resolve IDBI-CSB Ownership Overlap as Merger Emerges as Leading Option

Fairfax Financial is exploring a structure to resolve the ownership overlap between IDBI Bank and CSB Bank, with a merger of the two lenders emerging as the most likely solution, sources said. The move could allow the Canadian investor to consolidate its banking interests under a single licence while addressing regulatory and governance complications tied to dual holdings.

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Banking, Fintech & InsuranceBreaking
25 Oct 2026, 08:00 PM IST

Centre Surpasses March 2027 Goal, Issues 11 Crore Unique Farmer IDs Under AgriStack

The Centre has already issued 11 crore unique farmer IDs under the Digital Agriculture Mission, beating its March 2027 target well ahead of schedule. The identifier is designed to become the single digital credential farmers use to access bank credit, crop insurance, disaster relief and market sales, marking a major shift in how agricultural benefits are delivered in India.

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Banking, Fintech & InsuranceBreaking
25 Oct 2026, 08:00 PM IST

Indian Bank Raises Deposit Rates by 15 Basis Points as Funding Pressures Persist

Indian Bank has increased deposit rates by 15 basis points, signalling that the lender is still working to stabilise its funding profile after a quarter marked by slower term-deposit mobilisation and a sharp reduction in bulk deposits. The move comes after managing director Binod Kumar said the bank did not have surplus liquidity and had relied on regulatory flexibility to raise foreign currency non-resident-bank deposits.

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National Governance & PolicyBreaking
25 Oct 2026, 08:00 PM IST

Goyal Flags AI-Resilient Sectors as India Seeks Global Lead

Commerce and Industry Minister Piyush Goyal said India should identify professions and sectors that are less vulnerable to artificial intelligence displacement while building areas where the technology can raise productivity without replacing workers. He said India’s large skilled workforce, young population and longstanding industrial strengths could help the country compete globally in such segments.

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India Sports & CricketBreaking
25 Oct 2026, 08:00 PM IST

S. Meghana Retires From All Forms of Cricket, Closing a Hard-Fought Career

Indian batter S. Meghana has announced her retirement from all forms of cricket, ending a professional journey marked by persistence, domestic consistency and brief international exposure. In a heartfelt Instagram post, she said her heart was “overflowing with gratitude” as she stepped away from the game as a player.

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Healthcare, Pharma & Life SciencesBreaking
25 Oct 2026, 08:00 PM IST

Court Revokes Bail of Accused in POCSO Case After Petition by Koyilandy Police

A court has cancelled the bail of an accused in a Protection of Children from Sexual Offences (POCSO) case after a petition was filed by the Koyilandy Circle Inspector. The accused is currently receiving treatment at a private hospital in Kozhikode, adding a medical dimension to a case that remains under close legal scrutiny.

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National Governance & PolicyBreaking
25 Oct 2026, 05:00 PM IST

Income Tax Department Likely to Issue Notices Over Undisclosed Foreign Property

The Income-Tax Department is preparing to issue notices to resident Indians suspected of holding undisclosed foreign properties, drawing on information gathered through spontaneous disclosures and earlier overseas-asset investigations. The move comes as authorities seek to widen compliance while the FAST-DS disclosure scheme continues to see limited participation, despite offering a route to regularise foreign assets without penalties or prosecution.

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Startups & Venture CapitalBreaking
25 Oct 2026, 05:00 PM IST

Five Lessons From Yuval Noah Harari’s Nexus on Power, AI and the New Information Economy

Yuval Noah Harari’s Nexus offers a timely framework for understanding how information networks shape power, institutions and public trust in the age of artificial intelligence. For startups and venture capital, the book’s core argument is a warning and a roadmap: the companies that control data, attention and algorithmic systems may shape society as much as the technologies they build.

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Markets, IPOs & WealthBreaking
25 Oct 2026, 05:00 PM IST

From SGX Nifty to GIFT Nifty: India Recasts Its Global Market Signal

India’s transition from SGX Nifty to GIFT Nifty in July 2023 marked more than a branding change; it signaled a structural shift in how the country’s equity benchmark is traded, regulated and positioned globally. The move is designed to deepen India’s financial infrastructure, align offshore derivatives activity with domestic rules and improve the country’s appeal to international investors.

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India Sports & CricketBreaking
25 Oct 2026, 05:00 PM IST

Tilak Varma's Unbeaten 51 Powers India Past New Zealand in Second T20I

Tilak Varma produced a composed, match-winning unbeaten 51 off 26 balls as India recovered from 112 for six to beat New Zealand by four wickets in the second T20I. Chasing 180, India were in deep trouble before the left-hander shifted the momentum with six fours and a six in a high-pressure finish.

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India Sports & CricketBreaking
25 Oct 2026, 05:00 PM IST

Ake Loba’s Brace Powers East Bengal to Commanding 5-1 Win Over Inter Kashi

Defending champions East Bengal produced a ruthless attacking display to overwhelm Inter Kashi 5-1 in an ISL clash, with Ake Loba scoring twice and Ramírez striking early to set the tone. The result underlined East Bengal’s depth, tempo and finishing power as they controlled the contest from the opening minutes.

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Markets, IPOs & WealthBreaking
25 Oct 2026, 05:00 PM IST

Three Mutual Fund Myths That Quietly Cost Investors the Most

Investors in India continue to make avoidable mutual fund mistakes that can distort returns and weaken long-term portfolio outcomes. The most persistent myths involve lower net asset value, new fund offers, and the assumption that smaller funds automatically outperform larger ones.

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Banking, Fintech & InsuranceBreaking
25 Oct 2026, 05:00 PM IST

SBI Investigates Dark Web Leak of 3.8 Lakh Customer Records

State Bank of India is investigating a suspected data breach after customer information reportedly surfaced online, exposing about 375,000 records containing personally identifiable data. The bank says it has activated cybersecurity protocols, brought in external experts and found no impact on its core operations or financial performance so far.

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Macro Economy & Fiscal PolicyBreaking
25 Oct 2026, 05:00 PM IST

UN Agency Sees Nuclear Power More Than Tripling by 2060 as Energy Security Takes Priority

Nuclear power could more than triple by 2060 as governments increasingly treat atomic energy as a strategic tool for energy security, the UN nuclear watchdog said. Rafael Grossi said the technology is now being viewed alongside solar power as a low-carbon option that is, in his words, safer than every other energy source.

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India Sports & CricketBreaking
25 Oct 2026, 05:00 PM IST

Anahat Singh Reaches Maiden PSA Gold Semifinal After Stunning Run in Silicon Valley

India’s Anahat Singh continued her breakthrough surge at the Silicon Valley squash event, reaching the semifinals of a PSA Gold-level tournament for the first time in her career. The 18-year-old world No. 15 defeated world No. 14 Salma Hany in a five-game quarterfinal, a day after ousting Egyptian world No. 3 and eight-time world champion Nour ElSherbini in straight games.

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Banking, Fintech & InsuranceBreaking
25 Oct 2026, 05:00 PM IST

Parliamentary Finance Committee to Review 46 Economic Issues in FY27, Including Crypto and AI

India’s Parliamentary Standing Committee on Finance will examine 46 economic issues in the coming financial year, with a wide-ranging agenda that includes cryptocurrency, artificial intelligence, banking, pensions, health insurance, and social security for informal workers. The review signals a deeper parliamentary focus on emerging technologies and financial-sector regulation alongside long-standing welfare and fiscal concerns.

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India Entertainment & CultureBreaking
25 Oct 2026, 05:00 PM IST

How Parwati Dutta’s Mahagami Turned Aurangabad Into a Cultural Centre

In a city better known for its historic monuments and industrial edge, Parwati Dutta’s Mahagami gurukul has spent three decades building a quieter but durable legacy: training young artists in India’s classical traditions. Set in a verdant campus, the institution has become a cultural anchor for Aurangabad, drawing students, performers and audiences into a shared ecosystem of learning and performance. Its anniversary underscores how sustained private initiative can shape a city’s artistic identity over time.

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Startups & Venture CapitalBreaking
25 Oct 2026, 05:00 PM IST

Festive Shoppers Are Logging In, But Big-Ticket Spending Remains Cautious

India’s festive shopping season is drawing strong online traffic, but consumers are proving selective rather than exuberant, with big-ticket purchases lagging behind routine and discounted buys. For startups and venture-backed commerce platforms, the pattern points to healthier engagement but a more disciplined conversion environment than the boom years of easy festive spending.

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Healthcare, Pharma & Life SciencesBreaking
25 Oct 2026, 05:00 PM IST

KSSP Backs Generic Drug Access for SMA Patients in Kerala

The Kerala Sastra Sahitya Parishad has endorsed the distribution of generic medicines for patients with spinal muscular atrophy, arguing that affordable access is essential to improving survival and quality of life. KSSP president C. Ramakrishnan and general secretary V. Manoj Kumar said the state must treat access to this medication as a public health priority rather than a private burden.

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Automotive, EVs & MobilityBreaking
25 Oct 2026, 05:00 PM IST

Steady Portfolio Tracking Emerges as the Best Defence Against Market Volatility

As market corrections unsettle investors, advisers are urging a disciplined approach to portfolio tracking rather than reactive decision-making. The core message is simple: regular reviews of goals, risk exposure and asset allocation can help investors stay aligned with long-term wealth creation, even when sentiment turns sharply negative.

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Markets, IPOs & WealthBreaking
25 Oct 2026, 05:00 PM IST

Swiggy Shares Sink 16.3% to 52-Week Low as Q2 Miss Triggers Broker Downgrades

Swiggy shares tumbled sharply on Friday, closing 16.3% lower at ₹176.70 after the company’s second-quarter update failed to reassure investors and prompted multiple brokerages to cut price targets. The stock’s slide to a 52-week low underscores mounting concern over profitability, competitive intensity and the pace of monetisation in India’s food delivery and quick-commerce market.

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Banking, Fintech & InsuranceBreaking
25 Oct 2026, 05:00 PM IST

Swiggy May Rebound to Rs 190, but Charts Still Do Not Confirm a Trend Reversal, Says LKP's Vatsal Bhuva

LKP Securities analyst Vatsal Bhuva sees room for a tactical rebound in Swiggy toward Rs 190, but cautions that the stock’s chart structure does not yet point to a durable trend reversal. He also flags continued downside risk in Nifty and Bank Nifty, while highlighting HDFC Bank, Oriental Hotels and Apollo Hospitals as names with improving technical setups.

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Banking, Fintech & InsuranceBreaking
25 Oct 2026, 02:00 PM IST

IIT Bombay Flags UPI MDR Risk, Warns of Trust Erosion if Fee Plan Is Mishandled

An IIT Bombay report has warned that the proposed merchant discount rate framework for UPI could weaken public confidence if implemented in its current form. The study argues that any move to alter the economics of India’s most widely used digital payments rail must be calibrated carefully to avoid negative sentiment among users and merchants.

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Banking, Fintech & InsuranceBreaking
25 Oct 2026, 02:00 PM IST

RBI’s Latest Rate Cut Diluted Its Old Policy Framework, Says Nomura

Nomura said the Reserve Bank of India’s surprise 25-basis-point repo rate cut to 6.25 percent marks a meaningful shift in the central bank’s policy stance and weakens the framework that had guided markets in recent months. The brokerage argued that the move, announced on Tuesday, suggests the RBI is placing greater emphasis on growth support while retaining flexibility on liquidity and inflation management.

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India Sports & CricketBreaking
25 Oct 2026, 02:00 PM IST

Kotak Praises Samson, Abhishek’s Fearless T20 Mindset Amid Sooryavanshi Debate

India batting coach Sitanshu Kotak has publicly backed Sanju Samson and Abhishek Sharma for their fearless approach and mental composure in the ongoing T20I conversation around India’s batting order. His remarks also defended the team management’s decision to persist with the pair despite social media pressure to fast-track 15-year-old prodigy Vaibhav Sooryavanshi into the XI.

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Macro Economy & Fiscal PolicyBreaking
25 Oct 2026, 02:00 PM IST

IMD Flags Bay of Bengal Cyclone Risk by Monday as Andhra Pradesh, Odisha Brace for Escalating Weather Threat

The India Meteorological Department has warned that a parent low-pressure area over the Bay of Bengal is likely to strengthen into a deep depression by Sunday and a cyclonic storm over the west-central Bay by Monday morning. Coastal Andhra Pradesh and Odisha have been placed on alert as authorities prepare for heavy rain, strong winds, and possible disruption to transport and fishing activity.

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National Governance & PolicyBreaking
25 Oct 2026, 02:00 PM IST

Modi Flags Export Gains, Local Brands and Deep-Tech Start-Ups in Mann Ki Baat

Prime Minister Narendra Modi used his latest Mann Ki Baat address to spotlight three strands of India’s economic story: expanding overseas demand for farm exports, stronger sales of Khadi and other local products, and the emergence of a deep-tech start-up ecosystem in Chennai. The remarks framed consumer demand, manufacturing identity and innovation capacity as mutually reinforcing drivers of India’s growth narrative.

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Startups & Venture CapitalBreaking
25 Oct 2026, 02:00 PM IST

Why India’s Flying Taxi Push Starts With Electric Air Ambulances

At TechSparks 2026, Professor Satya Chakravarthy outlined a deliberately staged path for The ePlane Company: begin with electric air ambulances, where urgency and pricing power can support early deployment, then expand into low-cost urban air taxis. The strategy reflects a broader deeptech reality in India—commercial aviation hardware is capital-intensive, regulation-heavy and slow to scale, so companies often need a high-value wedge before chasing mass markets.

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Macro Economy & Fiscal PolicyBreaking
25 Oct 2026, 02:00 PM IST

Apple Probes iPhone Duo Display Cracks as Users Report Hinge-Side Failures

Apple is reviewing reports of cracked inner displays on its new iPhone Duo after users said damage appeared near the hinge, in some cases after only minimal use. The complaints have raised fresh questions about the durability of foldable-style hardware and whether the issue points to a manufacturing defect or a structural weakness in the device’s design.

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Banking, Fintech & InsuranceBreaking
25 Oct 2026, 02:00 PM IST

Banks Brace for Fee Income Squeeze as Insurance Payout Curbs Loom

Indian banks are preparing for a hit to fee income as proposed insurance distribution rules threaten to curb bancassurance payouts, a lucrative source of non-interest revenue. Central Bank of India expects a 33% decline in bancassurance fees, while Canara Bank sees a ₹145-crore impact and larger lenders are still assessing the damage.

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Banking, Fintech & InsuranceBreaking
25 Oct 2026, 02:00 PM IST

NBFC Credit Growth Accelerates to 15.8% in August as Gold and Consumer Durable Loans Surge

Non-banking financial companies posted a stronger credit expansion pace in August 2026, with overall lending growth rising to 15.8% as gold loans and consumer durable financing led the advance. Housing loans remained a core support for retail portfolios, while weaker lending to the services sector signalled uneven momentum across the broader credit market.

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India Sports & CricketBreaking
25 Oct 2026, 02:00 PM IST

Dominant India Target Series Seal Against Zimbabwe in ODI Decider

India head into the decisive ODI with momentum, control and a clear statistical edge as they look to clinch the series against Zimbabwe. The visitors have combined disciplined bowling, deeper batting resources and sharper fielding to put themselves within reach of an early series finish.

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India Entertainment & CultureBreaking
25 Oct 2026, 02:00 PM IST

'The Rings of Power' Season 3 Sets Up a Larger War as Trailer Teases Sauron Showdown

The third season of Amazon MGM Studios' 'The Lord of the Rings: The Rings of Power' is shaping up as its most battle-driven chapter yet, with early trailer details pointing to a direct confrontation with Sauron. The new season also expands its ensemble with Jamie Campbell Bower and Simon Pegg joining the cast, signalling a broader push to deepen the series' scale and star power.

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India Sports & CricketBreaking
25 Oct 2026, 02:00 PM IST

Mona Agarwal Claims Second Gold With World Record at Asian Para Games 2026

India’s Mona Agarwal delivered a landmark performance at the Asian Para Games 2026, winning her second gold medal with a world-record effort in the women’s 10m air rifle standing SH1 event. The result underlined India’s growing depth in para shooting and reinforced the country’s status as a rising force in precision sports on the continental stage.

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India Sports & CricketBreaking
25 Oct 2026, 02:00 PM IST

Thulasimathi Murugesan Caps Golden Day With Third Medal at Asian Para Games

Indian para shuttler Thulasimathi Murugesan completed a remarkable day at the Asian Para Games by winning gold in the women’s doubles SL3-SU5 badminton event with Manasi Joshi. The title added to the two silver medals she had already secured earlier, underlining a breakthrough performance that placed her among India’s standout athletes of the competition.

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National Governance & PolicyBreaking
25 Oct 2026, 02:00 PM IST

Karnataka Flour Mills Seek Bigger Wheat Share Under OMSS After Shortfall in October Auction

Flour millers in Karnataka are pressing for a larger allocation of wheat under the Centre’s Open Market Sale Scheme after receiving only 6,000 tonnes in the October 21 auction. That quantity met barely 17 per cent of the association’s estimated weekly requirement of 34,600 tonnes, raising concerns over supply adequacy and cost pressures in the state’s milling industry.

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Markets, IPOs & WealthBreaking
25 Oct 2026, 08:00 AM IST

Jio IPO Shatters Records Across Demand, Fundraising and Institutional Bids

Jio’s initial public offering has rewritten India’s IPO playbook, setting records across fundraising, anchor investor participation and retail applications while drawing the highest qualified institutional buyer subscription among the country’s five largest listings. The issue was fully subscribed within 100 minutes of opening and ultimately attracted nearly 1.4 crore applications, underscoring the extraordinary depth of demand for one of India’s most closely watched market debuts.

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Markets, IPOs & WealthBreaking
25 Oct 2026, 08:00 AM IST

India Prepares Tax Overhaul as Government Moves to Smooth GST Rollout

The government has drawn up plans for a significant restructuring of India’s tax administration, including a revamp of the Central Board of Excise and Customs, to support the nationwide rollout of the goods and services tax. The move is aimed at reducing administrative friction, aligning field operations with the new indirect tax regime, and avoiding implementation glitches as the country prepares for one of its biggest fiscal transitions.

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National Governance & PolicyBreaking
25 Oct 2026, 08:00 AM IST

Naidu Meets Amit Shah, Ashwini Vaishnaw in New Delhi as Andhra’s Policy Priorities Come Into Focus

Andhra Pradesh Chief Minister N. Chandrababu Naidu met Union Home Minister Amit Shah and Railways Minister Ashwini Vaishnaw in New Delhi on Thursday, in a round of engagements that underscored the state’s push to align its development agenda with the Centre. The meetings come at a politically significant moment, with Andhra seeking faster clearances, infrastructure support and closer coordination on governance priorities. While no detailed official readout was immediately available, the optics of the visits suggest a continuing effort by Naidu to strengthen channels with key Union ministries and secure momentum for projects central to the state’s economic and administrative roadmap.

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National Governance & PolicyBreaking
25 Oct 2026, 08:00 AM IST

J&K Names IAS Officer Sajjan Singh Yadav as New Chief Secretary Amid Governance Crosscurrents

Jammu and Kashmir has appointed senior IAS officer Sajjan Singh Yadav as its new Chief Secretary, setting up a crucial administrative transition at a time when the Union Territory’s top leadership is not always aligned on files and policy priorities. Yadav will succeed Atal Dulloo, who is due to retire on October 31, 2026. The appointment places him at the centre of day-to-day governance in a politically sensitive administration where coordination between the Chief Minister and the Lieutenant Governor remains a defining challenge.

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Markets, IPOs & WealthBreaking
25 Oct 2026, 08:00 AM IST

Why Chasing the Highest Returns Can Hurt Wealth Creation

Investors often gravitate toward products that have recently delivered the best returns, but that habit can be costly. In markets, the strongest recent performer is not always the best fit for an investor’s goals, risk tolerance, or time horizon, and the pursuit of headline returns can lead to poor timing and avoidable losses.

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National Governance & PolicyBreaking
25 Oct 2026, 08:00 AM IST

India Orders States to Block Sugar Diversion for Ethanol as Import Relief Continues

India’s Food Ministry has asked states to ensure that no sugar is diverted for ethanol production, signalling a tighter stance on domestic sugar allocation amid supply management concerns. The move comes even as the Centre extends duty-free imports of raw sugar until December 31, underscoring the government’s effort to balance food inflation, mill economics and fuel blending goals.

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India Sports & CricketBreaking
25 Oct 2026, 08:00 AM IST

Bihar to Host India-New Zealand Under-20 Rugby Series in Patna and Rajgir

Bihar will stage the India-New Zealand Under-20 rugby series this week, with men’s and women’s teams from both countries arriving in Patna ahead of matches at the Rajgir Sports Complex in Nalanda. The event marks a notable step for rugby in eastern India, while seven players from Bihar have earned selection to the Indian squads, underscoring the state’s growing presence in the sport.

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Banking, Fintech & InsuranceBreaking
25 Oct 2026, 08:00 AM IST

Bank of America Arm Seeks CCI Approval for Up to 49.9% Stake in Jio Credit

A Bank of America-affiliated investment vehicle has sought clearance from India’s competition regulator to acquire up to 49.9% in Jio Credit, the non-banking financial company housed within the Jio Financial Services group. The filing underscores continued foreign interest in India’s fast-expanding financial services and consumer credit market, even as regulators scrutinise ownership structures and market concentration.

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National Governance & PolicyBreaking
25 Oct 2026, 08:00 AM IST

Poll Body Orders Re-Poll at Three Stations in Agra Teachers MLC Seat After Allegations of Harassment

The election authorities have ordered a re-poll at three polling stations under the Agra Teachers constituency of the Uttar Pradesh Legislative Council after complaints of irregularities and alleged harassment of voters and supporters. The move comes amid heightened political tension, with Samajwadi Party candidate Akash Agarwal alleging that his supporters were subjected to extreme pressure during the voting process.

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India Entertainment & CultureBreaking
25 Oct 2026, 08:00 AM IST

At Mumbai’s Nilaya Anthology, Masaba Gupta, Ashiesh Shah and the Vayeda Brothers Recast Devotion as Design

Nilaya Anthology’s latest showcase, The Art of Offering, brings together four creative perspectives to examine how ritual, memory and material culture can be translated into contemporary design without stripping away meaning. The presentation positions devotion not as a relic of the past, but as a living framework for artistic expression in modern India.

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