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🇮🇳India Edition • Calendar Week 5

October 2026 — Week 5

Week 5 (Oct 29 – Oct 31) (2026/10/29 to 2026/10/31)

Weekly Stories205Page 1 of 5
Macro Economy & Fiscal PolicyBreaking
31 Oct 2026, 08:00 PM IST

India on Track for $1 Trillion in Exports This Year, Says CEA Nageswaran

India is positioned to achieve, and potentially surpass, $1 trillion in exports in the current financial year if trade momentum holds, according to Chief Economic Adviser V. Anantha Nageswaran. The outlook underscores the resilience of India’s external sector even as global demand remains uneven and trade conditions stay volatile.

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

D-Propulse Tests India’s Long Search for Indigenous Missile Engine Technology

A new startup-led push is drawing attention to one of India’s most persistent defence-industrial gaps: dependence on foreign propulsion technology for missiles and related systems. D-Propulse enters a field shaped by decades of state-led research, strategic urgency and repeated technical setbacks, with the promise of faster, more flexible development if it can translate engineering ambition into flight-ready hardware.

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

Delhi High Court Tells WFI to Decide Vinesh Phogat Notices Within Two Weeks

The Delhi High Court has directed the Wrestling Federation of India to take a decision within two weeks on show-cause notices issued to wrestler Vinesh Phogat, giving the federation a short window to conclude a dispute that has lingered for months. Justice Amit Mahajan said the matter would remain in abeyance until the next hearing on January 20, effectively pausing any immediate action against the athlete.

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

Break Point Clinch the Dinkoo N. Chenoy Salver in a Statement Victory

Break Point have claimed the Dinkoo N. Chenoy Salver, underlining their growing stature in India’s competitive cricket landscape with a result that carries both symbolic and sporting weight. The triumph adds another marker to a season defined by consistency, composure and an ability to deliver when the stakes are highest.

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

Uchchaihshravas Named for Feature Event as India’s Cricket Spotlight Turns to a High-Profile Showcase

Uchchaihshravas has been selected as the feature event name, giving the latest India cricket showcase a distinctly premium identity ahead of the evening’s prime-time attention. The choice signals an effort to frame the contest as more than a routine fixture, with organisers leaning on symbolism, spectacle and audience recall to elevate the occasion.

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

Fairfax Puts Forward Plan to Untangle IDBI-CSB Ownership Overlap

Fairfax Financial Holdings has proposed a path to resolve the ownership overlap between IDBI Bank and CSB Bank, with a merger of the two lenders emerging as the most likely outcome, according to sources. The move could allow the Canadian investor to consolidate its banking interests under a single licence and simplify a structure that has drawn regulatory and strategic scrutiny.

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

Xanthe, Lorenzo, Knotty Emperor and Hyperdrive Deliver Standout Performances in Indian Racing Showcase

A competitive evening card in India produced a series of eye-catching performances, with Xanthe, Lorenzo, Knotty Emperor and Hyperdrive emerging as the principal names to watch. Their wins and placings underscored both the depth of the field and the growing importance of tactical execution in a tightly contested racing environment.

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

Finance Ministry Defends IDBI Valuation, Says Reserve Price Was Not Altered

The Finance Ministry on Tuesday defended the valuation framework used in the proposed sale of IDBI Bank, saying the process was reviewed and approved by the core group of secretaries on disinvestment. It said Fairfax’s Rs 81-a-share offer cleared the benchmark and independent fair-value estimates, and that safeguards in the bidding structure were designed to maximise value for the government and Life Insurance Corporation of India.

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

El Niño Threatens Wayanad’s Farms, Water Supply and Public Health, Experts Warn

Experts are warning that El Niño could intensify a broad set of vulnerabilities in Wayanad, from lower crop yields and water shortages to livestock stress and disease outbreaks. The district may also face a higher risk of forest fires, human-wildlife conflict, heat-related illness, dengue and Kyasanur forest disease, underscoring the need for coordinated preparedness.

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

Adjudicatory Board for Major Ports Launches E-Filing Portal to Speed Case Processing

The Adjudicatory Board for Major Ports has launched an e-filing portal designed to move case filing and management online, marking a notable step in the digitisation of India’s port-sector dispute resolution system. The platform is expected to streamline submissions, improve record handling, and reduce delays in case-related procedures for stakeholders across the maritime ecosystem.

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

Ian McKellen Pens Moving Tribute to Patrick Stewart, Honouring a Friendship Built on Trust and Admiration

Ian McKellen has written a long, personal tribute to Patrick Stewart, reflecting on a friendship that has spanned decades and become one of the most admired bonds in British theatre and film. In the note, McKellen described Stewart as “a man to rely on, to admire and love,” underscoring the depth of their professional respect and personal affection.

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

UPI’s Next Phase Could Reshape India’s Mobility Payments Landscape

India’s Unified Payments Interface is entering a new phase of strategic importance as policymakers, fintech firms and mobility players assess how the country’s instant-payment rail can support the next wave of digital commerce. The discussion, highlighted at a Mumbai industry forum associated with Mindgate and The Economic Times, comes as automotive and EV ecosystems increasingly depend on seamless, low-cost transactions across charging, subscriptions, fleet operations and consumer payments.

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

FCNR Windfall Masks Slower Domestic Deposit Growth at Banks in Q2

An analysis of 10 banks shows that reported deposit growth in the July-September quarter averaged 21.1% year-on-year, but the headline number was flattered by a surge in foreign currency non-resident deposits. Excluding these special inflows, domestic deposit growth was estimated at just 12.2%, exposing a much narrower underlying trend in bank liability expansion.

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

Lodha Developers profit jumps 28% to Rs 1,013 crore in September quarter on stronger sales momentum

Lodha Developers reported a 28% year-on-year rise in consolidated net profit to Rs 1,013 crore for the September quarter, supported by higher revenue and steady demand across its residential portfolio. The company also posted a 10% increase in pre-sales to Rs 5,037 crore, reinforcing its growth trajectory as it prepares to expand in the National Capital Region and Bengaluru.

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

India’s First Private Fusion Venture Advances Toward Tokamak Design Milestone

Bengaluru-based startup Pranos Fusion is moving toward a major technical milestone in its bid to build India’s first privately developed tokamak, with design work expected to firm up in 2027. The development marks a notable step in India’s emerging fusion-energy ecosystem, where private capital is beginning to test a field long dominated by state-backed research and global scientific consortia.

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Markets, IPOs & WealthBreaking
31 Oct 2026, 08:00 PM IST

IndiGo Shares Gain 3.8% After Q2 Results as Investors Split on Recovery Pace

IndiGo shares rose 3.8% in early trade after the airline reported its second-quarter results, even as the stock remained about 15% below its 52-week high of ₹5,970 reached in November 2025. The move reflects a market that is cautiously rewarding operational resilience while remaining divided over how quickly earnings and margins can fully recover.

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

FABA to Honour Indian Immunologicals MD Anand Kumar with Lifetime Award

The Federation of Asian Biotech Associations will confer its Lifetime Achievement Award on Anand Kumar, Managing Director of Indian Immunologicals Limited, recognising his long-standing contribution to India’s vaccine and animal health ecosystem. The honour underscores the growing policy and industrial significance of domestic biomanufacturing at a time when India is seeking greater resilience in public health supply chains.

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

Diesel Shortage Pushes India’s Fuel Exports to 12-Month High in October

India’s diesel exports climbed to a 12-month high in October as a domestic supply squeeze and stronger overseas demand redirected barrels to the export market, according to Kpler data. Shipments rose to about 700,000 barrels per day from 620,000 b/d in September, underscoring how local market tightness can quickly reshape trade flows in the world’s third-largest oil consumer.

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

Bank Credit Growth Outpaces Deposits at 17.94% as Festive Demand Lifts Lending

Bank credit rose to Rs 232.54 lakh crore by mid-October 2026, advancing 17.94% year-on-year and outpacing deposit growth, which stood at 16.60% to Rs 284.37 lakh crore. The data point to firmer loan demand, supported by improved system liquidity and seasonal festive spending, while banks also increased holdings of government securities.

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

Sugarcane Farmers’ Bandh Disrupts Belagavi as Neighbouring Districts Stay Calm

A bandh called by sugarcane farmers over their demands disrupted normal life in parts of Belagavi district on Friday, with protesters blocking roads at several locations. The impact remained largely confined to Belagavi, while neighbouring districts reported no significant disruption. Chief Minister D.K. Shivakumar appealed to farmers to honour the understanding reached at the October 26 meeting.

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

ACT Extends Winning Run, Secures Semifinal Berth as Malaysia Also Advances

ACT continued its unbeaten surge to book a place in the semifinals, underlining both consistency and composure in a decisive phase of the competition. Malaysia also progressed to the last four after registering a third straight victory, setting up a strong final-stage contest between two in-form sides.

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

Sarthak Claims Pole With Record Lap as Novice Field Tightens in National Qualifying

Sarthak delivered the standout performance of the qualifying session by securing pole position with a record lap, underlining both pace and composure at a crucial stage of the meet. The session also highlighted strong novice-category showings from Kavicholaiarasan of Trichy and Vijayawada’s Akarsh Jangam, who topped their respective classes and reinforced the depth of emerging talent in Indian motorsport.

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

Neelkanth Mishra Sees Room for Meaningful Rate Cuts as Repo Rate Nears Decade Low

Credit Suisse strategist Neelkanth Mishra said the Reserve Bank of India may have scope to deliver meaningful rate cuts in the coming quarters, with the repo rate potentially falling to a decade low. He also argued that from December onward, markets could see a broad-based pickup in activity that may lend support to equity indices.

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

Indian Startups Raise Over $132 Million as October Closes on a Muted Note

Indian startup funding remained subdued in the final week of October, with homegrown new-age technology ventures collectively raising more than $132 million across a limited set of deals. The week reflected a cautious venture market still favoring selective bets, with investors backing businesses that show clearer paths to scale, efficiency, and near-term monetisation.

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

The 20 Scariest 21st-Century Horror Films, Ranked for Halloween

As Halloween arrives, a new conversation around the scariest films of the 21st century is drawing attention in India and beyond, with horror fans revisiting the movies that turned dread into an art form. The list reflects a broader shift in modern horror: away from simple jump scares and toward psychological unease, cultural anxiety, and sustained emotional damage.

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

Reliance Retail Revenue Rises 6.4% in Q2, but Festive Delay and Digital Spend Weigh on Profit

Reliance Retail posted a 6.4% year-on-year rise in gross revenue to Rs 91,716 crore in the second quarter of FY27, supported by steady demand even as the key festive season shifted out of the period. The company said the absence of major festivals in the quarter, along with higher digital and expansion-related spending, weighed on profitability, setting up a stronger comparison for the December quarter.

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

Shorey’s Century Puts Vidarbha in Command in Ranji Trophy Clash

A composed century from veteran opener Dhruv Shorey propelled Vidarbha into a strong position in their Ranji Trophy fixture, underlining the value of top-order stability in red-ball cricket. His innings anchored the side’s response and shifted the pressure back onto the opposition after a disciplined, attritional phase of play.

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

Abhinandh Stuns Fourth Seed Kwon Hyuk in Breakthrough Upset

Abhinandh produced the headline result of the day by eliminating fourth seed Kwon Hyuk in a result that immediately reshaped the draw and underlined the volatility of high-stakes competition. The victory marks a significant breakthrough for Abhinandh, who showed composure, tactical discipline and the nerve to close out a match against a seeded opponent with far greater pre-match expectations.

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

Maharashtra Sets Aside 5% of District Funds for Fodder Relief as Drought Deepens

Maharashtra has directed districts to earmark 5% of their local development funds for fodder-related measures as the state moves to blunt the impact of inadequate rainfall on livestock and rural incomes. The government has also banned interstate movement of fodder, a containment step aimed at preserving local supplies as shortages intensify across drought-hit areas.

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

PM Modi to Inaugurate RBI Data Centre, Cybersecurity Institute in Bhubaneswar

Prime Minister Narendra Modi is set to inaugurate the Reserve Bank of India’s new data centre and Cybersecurity Training Institute in Jatni, near Bhubaneswar, in a move aimed at strengthening India’s digital financial infrastructure. The facility is expected to support critical payment and settlement operations while reinforcing the country’s cyber resilience as digital transactions expand rapidly.

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

Vaishnavi's Five-Wicket Burst Powers India to Series Sweep

Vaishnavi produced a decisive five-wicket haul as India sealed a comprehensive series sweep, underlining the depth and control of its bowling attack. The performance not only broke the opposition’s resistance but also reinforced India’s growing command in the format, with the result shaped by disciplined execution and sustained pressure.

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

NBFCs Seek Five-Year Breathing Room as IRDAI Weighs Sharp Cuts to Credit Insurance Commissions

India’s non-banking finance companies have urged the insurance regulator to allow a five-year transition period before proposed commission caps on credit life and credit health insurance take full effect. The industry says the planned limits of 2% and 5% respectively would make distribution uneconomical, given that selling and servicing these products currently costs about 32% of premium income.

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

Indian Bank Raises Deposit Rates by 15 Basis Points as Liquidity Tightens

Indian Bank has increased deposit rates by 15 basis points, signalling a more competitive stance as it works to rebuild funding after trimming bulk deposits and slowing term-deposit mobilisation in the second quarter. The move comes after the lender tapped a regulatory window to raise about $2.3 billion in FCNR-B deposits, underscoring that liquidity remains a live concern despite the bank’s strong deposit franchise.

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

New India Assurance Slips to ₹1,267 Crore Q2 Loss as Underwriting Pressures Deepen

New India Assurance Company reported a sharp net loss of ₹1,267 crore for the September quarter, reversing a profit of ₹63 crore a year earlier and underscoring mounting stress in its core insurance operations. The insurer said underwriting losses in property, motor and health segments drove the decline, even as gross written premium rose 5.14% year-on-year to ₹11,083 crore.

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

Eight Civic Bodies in North Andhra Set for November 1 Polls as Officials Brace for Weather-Driven Turnout Swings

Eight urban local bodies in North Andhra are scheduled to go to the polls on November 1, with election officials projecting a reasonable turnout despite unsettled weather conditions. Authorities remain cautiously optimistic that clearer skies on polling day could help sustain voter participation across the region's civic contests.

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

Aditya Birla Capital Q2 profit jumps 38% to Rs 1,288 crore on strong lending growth

Aditya Birla Capital reported a 38% year-on-year rise in consolidated profit after tax to Rs 1,288 crore for the September quarter, supported by stronger operating revenues and rapid expansion in its lending book. The company’s lending assets under management climbed 32% to Rs 2.34 lakh crore, while its shares edged higher on the Bombay Stock Exchange after the earnings announcement.

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

Revanth Pays Tribute to Indira Gandhi, Recasting Congress Memory in Telangana Politics

Telangana Chief Minister A. Revanth Reddy paid tribute to former Prime Minister Indira Gandhi on the occasion of her death anniversary, using the moment to underscore the Congress party’s historical legacy and its continuing political relevance. The observance comes as the party seeks to consolidate its position in the state while projecting itself as the custodian of a welfare-driven governance model.

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

Telangana Widens Instant Pension Access Beyond Old-Age Category for Women

Telangana has expanded its “instant pension” facility beyond the old-age pension category, opening the door for women-linked households in several vulnerable groups to receive benefits without delay. The move is expected to help families of persons with disabilities, toddy tappers, handloom weavers, dialysis patients, and those affected by HIV and filariasis.

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

Punjab National Bank Customers in Greater Noida Allege Rs 35 Crore Fraud; Several Employees Suspended

Punjab National Bank customers in Greater Noida have alleged a fraud of about Rs 35 crore, prompting police action and an internal response from the lender. Authorities said several employees, including the branch manager, have been suspended, and a case has been registered at Beta-2 police station, which has jurisdiction over the branch.

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

Eight Midcap Stocks Post Over 100% Profit Growth in Q2FY27, Led by Max Financial, One97 and Poonawalla Fincorp

Eight NSE midcap companies delivered more than 100% year-on-year profit growth in Q2FY27, underscoring a sharp earnings revival across select consumer, financial and technology-linked names. StockEdge data shows Max Financial Services, One97 Communications and Poonawalla Fincorp among the strongest performers, highlighting how operating leverage and improving business momentum are reshaping midcap earnings trends.

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

Delhi High Court Tells Sourav Ganguly to Specify Alleged Infringement in 'Doosra' Film Dispute

The Delhi High Court has asked former India cricket captain Sourav Ganguly to clearly identify the portions of the film 'Doosra' that he claims infringe his rights, after the makers argued that the project is merely inspired by him and not a direct portrayal. The exchange marks an early but significant stage in a legal dispute that tests the boundary between creative inspiration and the commercial use of a public figure's identity.

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

Omio’s Naren Shaam Urges Founders to Solve Hard Problems and Stay the Course

At TechSparks 2026, Omio Group founder and CEO Naren Shaam delivered a clear message to entrepreneurs: build for the world from day one, choose problems that matter, and commit for the long haul. His remarks reflected a broader shift in startup thinking, where durable execution and global ambition are increasingly valued over rapid but shallow scaling.

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

Theft Convict Escapes Police Custody Again Before Prison Transfer in Coimbatore

A theft case convict identified as Raghavan escaped from police custody in Coimbatore before he could be lodged in the Central Prison, marking the second such escape attributed to him. The incident has triggered a disciplinary response, with four police personnel suspended as authorities examine how a repeat escape was allowed to happen.

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

Kerala High Court Quashes Cheating Case Against Nivin Pauly, Abrid Shine After Settlement in Film Rights Dispute

The Kerala High Court has quashed a cheating case against actor Nivin Pauly and filmmaker Abrid Shine after the parties reached an out-of-court settlement in a dispute tied to the proposed film Action Hero Biju 2. The complaint had alleged that overseas rights were sold to another party without the complainant’s knowledge after an agreement to produce the film was signed. The ruling effectively closes a criminal proceeding that arose from a commercial disagreement in the Malayalam film industry, underscoring how contractual disputes in film financing and distribution can quickly escalate into police complaints before being resolved privately.

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

RBI Central Board Reviews Growth, Inflation Risks as Economic Conditions Come Under Lens

The Reserve Bank of India’s Central Board reviewed the country’s prevailing economic conditions and assessed the balance of risks to growth and inflation, underscoring the central bank’s close watch on macroeconomic stability. The board also examined the activities of the Deposit Insurance and Credit Guarantee Corporation and the functioning of select RBI departments, reflecting a broader supervisory and institutional review.

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

Pramanik Puts Bengal in Command as Kerala Stares Down the Barrel in Ranji Chase

Left-arm spinner Pramanik produced another decisive spell to tighten Bengal’s grip on the Ranji Trophy contest, backing up his four-wicket haul in the first innings with four more strikes as Kerala collapsed to 53 for four at stumps on day three. Chasing a daunting 408, the hosts now face a steep battle to avoid defeat with only six wickets in hand and the pitch increasingly favouring disciplined spin.

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

As Graphic Violence Becomes a Selling Point, Indian Cinema Faces a Hard Question: How Much Is Too Much?

A growing number of Indian films are packaging bloodshed, brutality and hyper-masculine revenge as spectacle, with titles such as The Paradise, Ranabaali and Toxic drawing scrutiny over the normalisation of violence on screen. The debate is no longer only about artistic freedom; it is increasingly about the social cost, especially for women and children who absorb the cultural fallout of what cinema chooses to glorify.

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

Klassroom H1 Profit Jumps 24% to ₹4.8 Crore as Revenue Rises 21%

BSE SME-listed edtech startup Klassroom reported a strong first-half performance, with net profit rising 24% year on year to ₹4.8 crore and revenue increasing 21%. The numbers suggest the company is sustaining profitability even as India’s edtech sector remains under pressure to prove durable growth and disciplined execution.

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