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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 8 of 10
Macro Economy & Fiscal PolicyBreaking
23 Oct 2026, 05:00 PM IST

Sterlite Technologies Posts 12,817% Profit Surge as AI Infrastructure Demand Lifts Q2 Revenue 145%

Sterlite Technologies reported a dramatic jump in second-quarter profit, with net earnings rising 12,817% year-on-year to Rs 517 crore as revenue climbed 145% to a record Rs 2,529 crore. The company said demand for AI-ready digital infrastructure, stronger margins and a one-time tariff refund gain supported the performance, while its open order book expanded to Rs 35,274 crore.

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

Karnataka’s Coffee Country Turns Plantation Stays Into an Immersive Travel Economy

Across Coorg and Chikmagalur, coffee estates are transforming from agricultural holdings into experiential destinations, offering travellers a close look at the journey from cherry to cup. The shift is being shaped by local history, biodiversity, and generations of cultivation knowledge, positioning plantation stays as a distinctive pillar of Karnataka’s tourism appeal.

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

Tamil Nadu Chief Minister Vijay Hands Appointment Orders to 69 Agriculture Department Recruits

Tamil Nadu Chief Minister Vijay on Tuesday distributed appointment orders to 69 candidates selected for posts in the Agriculture Department, underscoring the state government’s continued focus on filling vacancies in frontline public services. The appointments are expected to strengthen administrative capacity in a sector central to farm support, extension services, and rural delivery.

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

RBI’s Rate Hike Pushes Up Home Loan EMIs as Borrowers Face Higher Costs

The Reserve Bank of India has raised rates, with the Monetary Policy Committee voting unanimously for the move and adopting a stance of calibrated tightening. Governor Sanjay Malhotra said rate cuts are off the table for now, leaving borrowers exposed to either further increases or a pause at upcoming meetings. The immediate impact on home loan EMIs will depend on the benchmark linked to each loan agreement.

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

MOSPI Panel Calls for Major Capacity-Building Push to Prepare India’s Data Leaders for the Future

A committee under the Ministry of Statistics and Programme Implementation has issued wide-ranging recommendations aimed at strengthening India’s statistical workforce and building a future-ready cadre of data leaders. The proposals place capacity building at the center of governance reform, underscoring the growing demand for sharper data systems, stronger analytical skills, and more credible public decision-making.

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

Trump Says India Trade Deal Is 'Pretty Close' as Negotiators Seek Durable Tariff Edge

U.S. President Donald Trump said a trade deal with India is “pretty close” and would be “much different,” signaling that talks may be nearing a politically sensitive stage. For New Delhi, the central test is whether any agreement can secure a lasting tariff advantage over competing exporters, according to sources familiar with the discussions.

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

India Must Move Beyond Rice Output and Build Value Chains, Chirag Paswan Says

India’s rice sector must shift its focus from volume-led production to value addition, stronger traceability and more sustainable practices, Union minister Chirag Paswan said on Tuesday. He also urged the industry to localise machinery and technology across the paddy-to-processing chain, arguing that domestic manufacturing can deepen resilience and competitiveness.

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

Economist Parakala Prabhakar to Join Hyderabad Protest Against SIR on October 24

Economist and public commentator Parakala Prabhakar is expected to participate in a protest in Hyderabad on October 24 against the Special Intensive Revision, or SIR, a voter-roll exercise that has become a flashpoint in India’s electoral governance debate. The demonstration is likely to draw attention to concerns over transparency, administrative burden, and the potential exclusion of eligible voters, placing renewed scrutiny on how the revision is being implemented.

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

Government to Keep 15% in IDBI Bank as LIC Holds 19% in Fairfax-Linked Exit Plan

The Indian government will retain a 15% equity stake in IDBI Bank while Life Insurance Corporation of India will hold 19%, marking a significant step in the lender’s long-running strategic disinvestment process. Both shareholders will withdraw their nominees from the bank’s board and transition into public shareholders, with the Cabinet Committee on Economic Affairs empowering the Alternative Mechanism to approve minority stake sales.

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

IMD Flags Possible Bay of Bengal Cyclone by Monday as Andhra Pradesh, Odisha Stay on Alert

The India Meteorological Department has indicated that a low-pressure area over the Bay of Bengal is likely to strengthen into a deep depression by Sunday and may intensify into a cyclonic storm over the west-central Bay by Monday morning. Coastal Andhra Pradesh and Odisha are on heightened alert as authorities monitor the system’s track, intensity, and potential rainfall impact.

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Automotive, EVs & MobilityBreaking
23 Oct 2026, 02:00 PM IST

Stocks Sena Launches Free Research Platform, Raises $232,000 at $2.32 Million Valuation

Stocks Sena, a venture co-founded by Krishna Singhal and Pushan Jain, has launched a free stock research platform aimed at making institutional-style market intelligence more accessible to Indian investors. The company also said it has raised $232,000 at a $2.32 million valuation, underscoring early investor interest in a product built around financial data, stock screening and AI-assisted analysis of earnings calls.

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

Pioneer Marks 100 Years as Indian Agriculture Faces Climate and Profitability Pressures

Pioneer has marked a century in the agricultural sector, underscoring how seed and crop-support companies are positioning themselves as partners in farm productivity rather than mere input suppliers. The company says its agronomists work directly with growers to improve crop performance, reduce weather-related risk, and strengthen profitability at a time when Indian agriculture is under mounting climate and margin pressure.

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

Two Maharashtra Ekikaran Samiti Leaders Arrested in Belagavi Over January Case

Police in Belagavi have taken into custody two leaders of the Maharashtra Ekikaran Samiti in connection with a case registered in January 2025, underscoring the continuing sensitivity of linguistic and regional politics along the Karnataka-Maharashtra border. Officers from the Khadebazar police station carried out the arrests, though authorities have not yet publicly detailed the specific allegations tied to the case.

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

Modi, Tusk Press for Bigger India-Poland Trade, Faster EU Deal

Prime Minister Narendra Modi and Polish Prime Minister Donald Tusk used their talks to push for a doubling of bilateral trade and an accelerated conclusion of the India-EU free trade agreement, underscoring a broader effort to deepen India’s economic links with Europe. The discussions also covered direct air connectivity, port cooperation, maritime security, and the India-Middle East-Europe Economic Corridor, signalling a more strategic framing of commercial ties.

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

Sony Pictures Secures India Release Rights for A24’s Record-Breaking 'You Can See Everything'

Sony Pictures has acquired the India release rights to A24’s 'You Can See Everything,' the film that recently became the highest-rated feature ever on Letterboxd after its U.S. theatrical run. The move positions the title for a wider Indian audience at a moment when premium, festival-driven cinema is increasingly finding commercial and cultural traction in the market.

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Markets, IPOs & WealthBreaking
23 Oct 2026, 02:00 PM IST

Jio Platforms IPO Draws Strong Institutional Demand as Eternal Posts 92% Surge in Quarterly Profit

Jio Platforms’ initial public offering has attracted robust institutional interest within hours of opening, with qualified institutional buyers pushing subscription past four times the shares on offer, according to market participants. The strong early response underscores investor appetite for large-scale digital and telecom assets even as the broader startup and venture capital landscape remains selective. In a separate earnings update, Eternal reported a 92% jump in quarterly net profit, reinforcing the market’s focus on profitability and operating leverage across India’s high-growth consumer internet sector.

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Automotive, EVs & MobilityBreaking
23 Oct 2026, 02:00 PM IST

Steady Portfolio Tracking Emerges as a Crucial Discipline as Market Volatility Tests Investor Resolve

As equity markets correct and sentiment turns fragile, investors are being reminded that wealth creation depends less on reacting to every swing and more on maintaining a disciplined, long-term approach. In the automotive, EV and mobility space, where valuations can move sharply with policy cues, demand expectations and broader risk appetite, regular portfolio review is increasingly seen as a safeguard against emotional decision-making.

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

Delhi Conference to Map New Markets for Indian Rice as Exporters Eye 2027 Pricing

Trade and business representatives from more than 150 countries are set to gather in New Delhi for a conference focused on expanding markets for Indian rice and improving returns for exporters. The meeting will also examine the 2027 price outlook, underscoring how India’s rice trade is navigating shifting demand, supply pressures and policy constraints in global food markets.

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

Sindhu Survives Early Scare to Advance at French Open

P. V. Sindhu was forced into a testing contest at the French Open before finding a way through after a sharp momentum swing against Thailand’s Supanida Katethong. Sindhu opened strongly with a 21-14 first-game win, but Katethong responded emphatically to level the match 21-8, turning the contest into a battle of composure and adjustment.

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

Tripartite Pact Signed to Expand Livelihood Pathways for Scheduled Tribe Youth

A tripartite memorandum of understanding has been signed to strengthen livelihood opportunities for Scheduled Tribe youth, marking a policy push aimed at linking tribal communities more directly to skills, enterprise, and employment pathways. The agreement is expected to improve coordination among institutions working on tribal development, with a focus on practical outcomes rather than isolated welfare delivery.

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

MNM Urges Cadres to Intensify Groundwork Ahead of Local Body Polls

MNM has called on its cadres to step up organisational groundwork as local body elections draw closer, signalling a sharper focus on booth-level mobilisation and voter outreach. The appeal underscores the party’s effort to strengthen its grassroots machinery and improve its readiness for a contest that will test its local presence and political reach.

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

'Garividi Lakshmi' Review: Anandhi Anchors a Rooted Biopic with Heart and Restraint

Director Gowri Naidu Jammu’s debut Telugu feature, 'Garividi Lakshmi,' brings the life of Andhra Pradesh burra katha artist Garividi Lakshmi to the screen with sincerity, cultural texture and a strong central performance by Anandhi. While the film is buoyed by its folk-rooted music and earnest storytelling, its old-school treatment and familiar biopic grammar limit its wider cinematic impact.

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

GIFT Nifty Replaces SGX Nifty, Marking India’s Push for a Global Market Hub

India’s transition from SGX Nifty to GIFT Nifty in July 2023 marks a structural shift in how global investors access the country’s benchmark equity signal. The move aligns offshore derivatives activity with Indian regulation, strengthens the financial architecture at GIFT City, and is designed to deepen India’s standing in global capital markets.

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

GIFT Nifty Signals Firm Open as Asian Shares Ease Ahead of Indian Trade

Indian equities are set for a positive start on Thursday, with GIFT Nifty indicating early gains even as broader Asian markets trade lower. The tone suggests domestic investors may look past overnight global weakness and focus instead on local cues, including earnings, liquidity conditions and the trajectory of interest rates.

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

Riteish Deshmukh Enters Telugu Cinema With Ram Pothineni’s Neo-Noir Film

Riteish Deshmukh has joined the Hyderabad schedule of Ram Pothineni’s new neo-noir Telugu film, marking his Telugu debut in a project that is also significant for another reason: it is Ram Pothineni’s first outing as a director. The casting adds cross-industry weight to a film that appears designed to bridge mainstream star power with a darker, more stylised narrative format.

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

Steel Stocks Rally After Government Extends Minimum Import Price on 66 Products

Indian steel and metal counters advanced in early trade after the government extended the minimum import price regime on 66 steel products, a move seen as supportive for domestic producers facing pressure from cheaper imports. Shares of Hindalco, Jindal Steel, JSW Steel and Tata Steel rose more than 1 percent from the previous close, with the policy signal lifting sentiment across the broader metals pack.

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

Centre Urges States to Speed Up Use of Capex Loans as Spending Lags

The Department of Expenditure has pressed states to accelerate utilisation of interest-free loans tied to capital investment, warning that only about a quarter of the allocated funds have been used so far. With the Centre having released roughly ₹51,000 crore under the special assistance scheme by October 1, officials are now working closely with states to remove bottlenecks and identify eligible projects.

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Startups & Venture CapitalBreaking
23 Oct 2026, 08:00 AM IST

Harajuku Tokyo Café Raises $3 Million to Expand Japanese Dining Footprint in India

Japanese-themed dining chain Harajuku Tokyo Café has raised $3 million, or about ₹28 crore, in a pre-Series A round as it looks to accelerate expansion across India. The funding underscores investor appetite for differentiated consumer brands that can scale beyond metro novelty into a broader premium-casual dining opportunity.

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

R.D. Burman at 85: The Musical Modernist Who Recast Indian Film Song

R.D. Burman, fondly remembered as Pancham, remains one of Indian cinema’s most influential composers, a figure who fused classical idioms, folk textures, jazz, rock, Latin rhythms and electronic experimentation into a body of work that still sounds contemporary. His music did more than accompany films: it helped redefine the grammar of popular Hindi film song for generations of listeners and creators.

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

Indian Racing League Opens First Round in Chennai, Marking a Key Test for India’s Motorsport Push

The Indian Racing League begins its first round in Chennai today, bringing the country’s growing motorsport ambitions back into focus at a time when organisers are seeking wider fan engagement and stronger commercial traction. The opening race weekend is expected to serve as an early indicator of how far the series can expand its footprint beyond niche audiences and into mainstream Indian sport.

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

Government Plans Major Tax Administration Overhaul to Smooth GST Rollout

The Indian government has prepared a significant restructuring of the country’s tax administration, including a revamp of the Central Board of Excise and Customs, to support a seamless nationwide goods and services tax rollout. The move signals a broader effort to align institutions, reduce implementation risk and strengthen administrative readiness ahead of one of India’s most consequential tax reforms.

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

Sindhu, Ashmita Reach French Open Quarterfinals as Indian Challenge Gains Momentum

PV Sindhu and unseeded Ashmita Chaliha advanced to the quarterfinals of the French Open badminton tournament, giving India a strong day in Paris. Ashmita produced the headline result, stunning world No. 2 and third seed Akane Yamaguchi in straight games, while Sindhu also kept her campaign on track with a composed second-round win.

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

Hackers Claim Access to 3.75 Lakh SBI Accounts in Alleged Data Breach

A threat actor has claimed access to data linked to 375,000 State Bank of India accounts, according to a disclosure circulating in cybercrime monitoring circles. The authenticity, origin and full scope of the alleged exposure remain unverified, but security analysts warn that even partial banking data can be exploited for identity theft, phishing and fraudulent loan attempts if the claim proves accurate.

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

Bond Bull Market May Pause, But India’s Rally Is Far From Over

India’s government bond market may be entering a consolidation phase after a sharp rally, but experts say the broader bull trend remains intact. With the 10-year benchmark yield having already fallen below 7% after the Reserve Bank of India signalled easier liquidity conditions, further gains are still possible if inflation stays contained and the central bank keeps policy supportive.

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

India’s Fisheries Crisis Lies in Its Inshore Waters, Not Offshore Stock Counts

Official assessments suggesting that most of India’s marine fish stocks remain sustainable risk obscuring a more urgent problem: the steady degradation of inshore fishing grounds. The deeper crisis is not simply how much fish remains in the sea, but how coastal waters are governed, monitored, and shared between small-scale fishers and mechanised trawlers.

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

ICICI Bank Q2 Profit Jumps 20% to ₹14,843 Crore as Margin Pressure Builds

ICICI Bank reported a 20% year-on-year rise in second-quarter net profit to ₹14,843 crore, underpinned by an 18% increase in net interest income. However, the lender’s net interest margin narrowed to 4.18% from 4.36% in the previous quarter, and management flagged further pressure in the December quarter from FCNR-B deposit mobilisation and branch expansion costs.

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

Prime Minister Congratulates Suvarna Raj on Landmark Asian Para Games Victory

Prime Minister Narendra Modi has congratulated para athlete Suvarna Raj after her standout victory at the Asian Para Games, underscoring the growing national recognition of India’s para-sporting talent. The message reflects a broader political and sporting emphasis on inclusion, elite performance, and the expanding visibility of athletes competing under the Paralympic movement.

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

Mysuru Braces for High-Stakes Invitation Cup Weekend as Racing Spotlight Turns to Karnataka

Mysuru is set to host a closely watched Invitation Cup weekend, drawing attention from India’s racing community and placing the historic city in the national sporting spotlight. The event is expected to combine competitive action, local enthusiasm and logistical preparation, underscoring Mysuru’s growing profile as a venue for marquee sporting occasions.

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

Para-Athletics Gold Surge Lifts India to Fifth at Asian Para Games 2026

India’s para-athletics team has powered a sharp rise in the Asian Para Games 2026 standings, climbing to fifth place on the back of a sustained gold-medal run. With two full days of competition still remaining and medals expected in 60 of the 62 events India entered, the contingent’s target now looks firmly within reach.

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

India Draw West Indies in U19 Women’s T20 World Cup Opener

India will begin its campaign against the West Indies in the third edition of the U19 Women’s T20 World Cup, a tournament that expands the global pathway for emerging women cricketers. The event will be staged across Chattogram, Sylhet and Kathmandu, with 16 teams split into four groups of four and group-stage results likely to shape the early balance of the competition.

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India Entertainment & CultureBreaking
22 Oct 2026, 08:00 PM IST

‘The Diplomat’ Season 4 Review: Keri Russell and Rufus Sewell Keep the Power Game Electrifying

Season 4 of Netflix’s political thriller ‘The Diplomat’ sustains its sharpest asset: the volatile chemistry between Keri Russell and Rufus Sewell. With polished tailoring, bruising dialogue and a widening circle of personal and geopolitical pressure, the series continues to turn elite diplomacy into high-stakes emotional theatre.

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

Society Must Stand by Families of Police Martyrs, Says Deputy Commissioner Rahul Pandve in Yadgir

Deputy Commissioner Rahul Pandve used Police Commemoration Day in Yadgir to call for sustained social and institutional support for the families of police personnel who died in the line of duty. His remarks underscored the human cost of policing and the need for communities to treat martyr families with dignity, care, and practical assistance.

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

Sheetal Clinches Second Straight Asian Para Games Gold in Women’s Compound

Indian archer Sheetal delivered another statement performance at the Asian Para Games 2026, winning her second successive gold medal in the women’s compound event. The victory lifted her overall tally at the ongoing Games to three medals, underlining her status as one of India’s standout performers in para archery.

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Startups & Venture CapitalBreaking
22 Oct 2026, 08:00 PM IST

Eternal Unveils Privacy-First AI Platform Dark, Targets Global Launch in 2026

Eternal, the parent of Zomato and Blinkit, has introduced Dark, a privacy-focused artificial intelligence platform that signals a broader push beyond food delivery and quick commerce. Founder Deepinder Goyal is positioning the product for a global launch in 2026, underscoring the company’s ambition to build consumer technology with stronger data protections at its core.

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

National Housing Bank Orders Forensic Audit of SRG Housing Finance Over Alleged 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 probe is expected to examine consumer data, loan origination trails and internal controls, after earlier findings suggested possible fictitious lending of between ₹300 crore and ₹400 crore.

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

JSW Paints Plans Four- and Five-Year Bonds to Refinance Acquisition Funding, Bankers Say

JSW Paints is likely to tap the debt market with bond issues maturing in four and five years to refinance acquisition-related borrowing, according to two merchant bankers with direct knowledge of the plan. The company is expected to move ahead with the sale within the next couple of weeks, underscoring how Indian corporates are using local debt markets to manage funding raised for strategic purchases.

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

Banks Brace for Fee Pressure as Insurance Payout Curbs Loom

Indian banks are preparing for a meaningful hit to fee income as proposed insurance regulations threaten to reduce bancassurance commissions and related payouts. Central Bank of India expects a 33% decline in bancassurance fees, Canara Bank sees a ₹145-crore impact, while Axis Bank is leaning on higher volumes and alternate revenue streams to soften the blow.

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

Deepinder Goyal’s Dark.ai Could Open a New Growth Path for Eternal, but the Commercial Case Is Still Unproven

Eternal’s privacy-focused AI assistant, Dark.ai, is emerging as a potential new growth lever for the company, according to brokerages that see strategic optionality in the experimental venture. But with pricing, monetisation and profitability still undefined, investors are being asked to value promise rather than earnings visibility for now.

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