The Reserve Bank of India (RBI)-appointed Advisory Committee on Ways and Means Advances (WMA) to State Governments proposed raising the aggregate WMA limit for states by 11.2% to ₹67,839 crore from ₹61,008 crore. The…
Sebi to review position limits for non-agricultural commodity contracts to boost liquidity
Key Updates:
- Securities and Exchange Board of India (Sebi) chairman Tuhin Kanta Pandey announced that the regulator is examining position limits for non-agricultural commodity derivative contracts to improve liquidity and depth without weakening risk controls.
- Sebi has completed consultations on the matter and guidelines will follow, with a phased approach considered for physical settlement in some agricultural commodities.
- Sebi is engaging with stakeholders on GST-related issues affecting participants who give or receive commodities through exchange platforms.
- Sebi will strengthen investor awareness efforts under Project Jagrook to spread awareness about commodity derivatives among farmers, farmer producer organisations (FPOs), MSMEs, hedgers and other market users.
- Last month, the Sebi board approved a proposal to allow foreign portfolio investors (FPIs) to participate in physically settled, non-agricultural commodity derivative contracts, subject to safeguards.
- Pandey made the announcements at an event organised by the Commodity & Capital Market Participants Association of India (CPAI).
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The Securities and Exchange Board of India (SEBI) approved a revised settlement framework with a new formula comprising a base amount linked to minimum penalty, multipliers for stage of proceedings, regulatory action…
SEBI has proposed making the Credit Risk-o-Meter a mandatory additional disclosure mechanism for debt securities. The proposed framework maps credit ratings into six risk levels, from lowest credit risk to high to very…
SEBI has introduced an IT Resilience Index (ITRI) framework for Market Infrastructure Institutions (MIIs) to monitor the robustness and resilience of their critical IT systems. The ITRI will have a total score of 100…
Competition Commission of India Clears BNP Paribas Cardif's 26% Stake Purchase in IndiaFirst Life Insurance
Key Updates:
- The Competition Commission of India (CCI) approved BNP Paribas Cardif's proposal to acquire a 26% stake in IndiaFirst Life Insurance Company Ltd from Warburg Pincus.
- After the transaction, IndiaFirst Life's shareholding will comprise Bank of Baroda with 65%, BNP Paribas Cardif with 26%, and Union Bank of India with 9% equity.
- BNP Paribas Cardif is the insurance arm of France-based BNP Paribas Group and a world leader in bancassurance partnerships, while IndiaFirst Life is a private life insurer promoted by Bank of Baroda.
- In a separate approval, CCI cleared Crystal Crop Protection Ltd's acquisition of 100% shareholding of FMC India Pvt Ltd from FMC Netherlands Holdings II BV and its affiliates for USD 252 million.
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The Competition Commission of India (CCI) approved the acquisition of certain equity shareholding in Bharti Life Insurance Company Ltd by Prudential Corporation Holdings Ltd. Prudential will acquire a majority 75% stake…
The Reserve Bank of India (RBI) has approved Life Insurance Corporation of India's (LIC) application to acquire up to 9.99% of HDFC Bank's paid-up share capital or voting rights. The approval was disclosed in an HDFC…
Life Insurance Corporation of India (LIC) received Reserve Bank of India (RBI) approval to acquire up to 9.99% of ICICI Bank's paid-up share capital or voting rights within one year. ICICI Bank received the RBI approval…
ICICI Bank acquired 29,015,693 shares of ICICI Prudential Life Insurance Company, representing approximately 2% of its diluted equity share capital, for ₹1,470 crore. The transaction was executed through stock market…
Insurance Regulatory and Development Authority of India proposes commission caps to curb mis-selling and benefit policyholders
Key Updates:
- The Insurance Regulatory and Development Authority of India (Irdai) has introduced statutory caps on commissions and expenses of management to end commission-driven bidding wars and excessive upfront distributor payouts, passing cost efficiencies to policyholders through lower premiums and improved investment returns.
- The proposals aim to shift insurance distribution from an acquisition-and-commission model towards cost control, persistency, transparency and customer protection.
- The measures include product-level commission caps, effort-based remuneration, restrictions on bundling insurance with loans, and changes to the timing of life insurance commissions.
- The measures are proposals, not final regulations, with the consultation process open until October 25, 2026.
- Irdai has proposed reinstating product-level commission caps removed in 2023, including a 20% first-year commission cap for life insurance policies with premium-paying terms of 10 years or more, and health insurance commission caps of 15% in the first year and 5% on renewals.
- PB Fintech, parent of Policybazaar, fell 36% on September 24 following the proposals, while Turtlemint fell 20%, and shares of several banks also declined.
- Under effort-based commissions, remuneration would be linked to product complexity, selling and servicing effort, and the distribution channel.
- Individual agents face lower impact than brokers and banks, with relatively higher commission ceilings for some products and additional incentives for business from rural and underserved areas.
- Irdai has proposed eliminating commission on third-party motor insurance, whose premiums are regulated.
- In health insurance, reduced sales incentives could lead to adverse selection if healthier customers become less inclined to buy policies.
- Irdai's proposals address mis-selling linked to high commissions, particularly in bancassurance, by capping commissions, restructuring life insurance payouts and restricting bundling of insurance with loans.
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The Insurance Regulatory and Development Authority of India (IRDAI) imposed a ₹1 crore penalty on IndusInd Bank, acting as a corporate agent, for lacking an adequate insurance-specific grievance redressal mechanism for…
The Insurance Regulatory and Development Authority of India (IRDAI) imposed a ₹1 crore penalty on ICICI Lombard General Insurance for lapses in outsourcing practices, vendor management and corporate governance. The…
The Insurance Regulatory and Development Authority of India (IRDAI) has proposed capping commissions on credit-linked life insurance at 2% for single-premium products and 2.5% in the first year for multi-year products…
The government has appointed LIC Managing Director Dinesh Pant and former Chairman-cum-Managing Director of New India Assurance Company, Girija Subramanian, as members of the Insurance Regulatory and Development…
NHAI extends exempted FASTag validity for Divyangjan and PwD users to three or five years from October 2, 2026
Key Updates:
- Revised government guidelines effective from October 2, 2026 exempt eligible Divyangjan and Persons with Disabilities (PwD) from annual renewal of their exempted FASTags, extending validity to three or five years based on disability percentage recorded in a valid Disability Certificate, Unique Disability Identity (UDID) Card or other applicable records.
- Exempted FASTags will be valid for five years for those with 70% to 100% disability and for three years for those with 40% to less than 70% disability.
- The revised guidelines, announced by the National Highways Authority of India (NHAI), apply to vehicles specially designed and constructed for use by persons with physical disabilities and vehicles registered under the ownership type 'Divyangjan'.
- After the three- or five-year validity expires, renewal is subject to the beneficiary continuing to meet eligibility requirements and complying with the National Highway Fee Rules, 2008.
- Under the previous guidelines, exempted FASTags for Divyangjan had to be renewed annually.
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The FASTag Annual Pass crossed the one-crore subscriber mark in just over 13 months since its launch on August 15, 2025, as per the Ministry of Road Transport and Highways. The pass is for non-commercial vehicles such as…
The Telecom Regulatory Authority of India (TRAI) released the Telecom Consumer Protection (Thirteenth Amendment) Regulations, 2026 on September 22, 2026, concerning Special Tariff Vouchers (STVs) for voice and SMS…
Union Road Transport and Highways Minister Nitin Gadkari launched OneTag at the Global Fintech Fest 2026 in Mumbai, enabling FASTag users to switch issuer banks while retaining the same physical tag, Tag ID and vehicle…
The Employees' Provident Fund Organisation (EPFO) launched an official WhatsApp channel to give members and pensioners updates on provident fund developments, scheme alerts, and important announcements. The channel works…
Ministry of Tribal Affairs and IGNCA Sign MoU for Documentation and Digitisation of Tribal Cultural Heritage
Key Updates:
- The Ministry of Tribal Affairs (MoTA) and the Indira Gandhi National Centre for the Arts (IGNCA) signed a Memorandum of Understanding (MoU) in New Delhi on September 28, 2026, to strengthen the preservation, documentation, digitisation, research and promotion of India's tribal cultural heritage.
- The MoU was signed in the presence of Ranjana Chopra, Secretary, Ministry of Tribal Affairs, and Dr K. Anil Kumar, HoD, IGNCA, along with senior officials from both institutions.
- The partnership combines MoTA's tribal research ecosystem and network of Tribal Research Institutes (TRIs) with IGNCA's academic, archival, research and curatorial expertise.
- The collaboration covers tangible and intangible heritage including tribal arts and crafts, music and traditional instruments, tribal languages, oral traditions and folklore, traditional cuisines, customary practices, and indigenous and traditional ecological knowledge, with a focus on documenting endangered traditions.
- Key areas of cooperation include developing digital archives and interactive museum galleries showcasing tribal arts, artefacts and cultural traditions, including dedicated galleries highlighting tribal communities' role in India's freedom struggle.
- The MoU also envisages organising youth camps in educational institutions to raise awareness about tribal cultural values, sustainable conservation practices, tribal languages and traditions, and the diversity of India's tribal cultures.
- The partnership will disseminate tribal heritage through museums, exhibitions, cultural festivals, publications and digital platforms, and create opportunities for tribal scholars, artists, artisans, performers and traditional knowledge holders at national and international platforms.
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The Ministry of Tribal Affairs (MoTA) signed a three-year MoU with the CSIR-National Botanical Research Institute (CSIR-NBRI) on July 30, 2025, to advance tribal welfare and conserve tribal bioresources. The partnership…
The three-day National Conclave on Tribal Languages and Museums began on August 25, 2026, in Mysuru, Karnataka. The conclave was organised by the Ministry of Tribal Affairs with the Karnataka State Tribal Research…
The Ministry of Tourism (MoT) and Air India signed an MoU on July 27, 2026, to jointly promote India as a premier global tourism destination. The MoU establishes a framework for coordinated initiatives across tourism…
The Ministry of Tribal Affairs (MoTA) launched TribeX, a digital learning platform designed to preserve and promote India's tribal heritage through online education. Union Tribal Affairs Minister Jual Oram unveiled the…
Gujarat becomes second state to enforce Uniform Civil Code with compulsory live-in relationship registration
Key Updates:
- Gujarat has become the second state in India after Uttarakhand to implement a Uniform Civil Code, with the Gujarat Uniform Civil Code, 2026 notified after receiving President Droupadi Murmu's assent on September 17.
- The Act makes marriage registrations mandatory, bans polygamy, mandates equal rights for women in succession and property, and takes a stricter view on child marriages with penal provisions for non-compliance.
- The law mandates registration of live-in relationships, prohibits filing of divorce within one year of marriage, and provides for penalty of up to Rs 10,000 fine or three-month jail term for non-registration of live-in relationships.
- If either live-in partner is below 21 years of age, the guardian or parents of the person would be notified.
- Scheduled tribes of Gujarat are excluded from the Code's purview as their rights and customs are protected by the Constitution of India.
- A five-member committee chaired by retired Supreme Court judge Ranjana Desai was appointed in February 2025 to draft the Code; Chief Minister Bhupendra Patel introduced the 209-page Bill in March 2025 and the assembly passed it the same month.
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President Droupadi Murmu has given her assent to the Gujarat Uniform Civil Code Bill, 2026, completing the key legal process required for the state to enact the law. Gujarat is the second state in India after Uttarakhand…
More than 63.35 lakh farmers in Gujarat have been registered under the state's Farmer Registry, which is being implemented under the Centre's Digital Agriculture Mission (DAM) to create a single digital identity for…
The Madhya Pradesh Cabinet has approved the Uniform Civil Code (UCC), introducing common rules on marriage, inheritance, and live-in relationships. Scheduled Tribes (STs) and Particularly Vulnerable Tribal Groups (PVTGs)…
Madhya Pradesh Chief Minister Mohan Yadav and BJP national president Nitin Nabin launched the 'Swamitva Adhikar Abhilekh Nispadan Evam Panjiyan Yojana-2026' at Gandhi Nagar Ground, Indore, on September 17, 2026, as part…
India nears Rs 80,000 crore approval for six German-linked submarines and weighs three extra Scorpene boats
Key Updates:
- India is in the final stages of clearing an over Rs 80,000 crore deal to build six advanced conventional submarines domestically with German partnership, Defence Secretary Rajesh Kumar Singh said.
- The six submarines fall under the long-pending Project-75(I) programme, under which Mazagon Dock Limited (MDL) and German firm ThyssenKrupp Marine Systems (TKMS) are expected to build the boats in India with substantial Indian private-sector participation.
- India is also considering a separate proposal for three additional Scorpene (Kalvari-class) submarines to be built at Mazagon Dock Limited in Mumbai.
- Project-75(I) aims to deliver diesel-electric attack submarines with advanced sensors, weapons, stealth features and Air-Independent Propulsion, built in India through a strategic partnership between an Indian shipyard and a foreign original equipment manufacturer.
- The Indian Navy plans to fit an indigenous Air Independent Propulsion (AIP) system developed by the Defence Research and Development Organisation (DRDO) onto a Scorpene-class submarine during a mid-life refit towards the middle of next year.
- The Naval Physical and Oceanographic Laboratory (NPOL) has developed an indigenous integrated combat system for submarines, which will be installed across the fleet during refits.
- The fleet expansion comes as India monitors growing Pakistan-China naval cooperation, including Pakistan's induction of Hangor-class submarines built with Chinese assistance.
- Defence Secretary Rajesh Kumar Singh made the remarks on October 1, 2026, stating that Project-75(I) is at the final stage and pending a final decision by the competent authority.
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On September 18, 2026, Indian defence engineering firm Nibe Ltd signed a Memorandum of Understanding (MoU) with France's Naval Group covering naval shipbuilding and defence technologies. The partnership covers underwater…
The Indian Navy will commission its first Multi-Purpose Vessel (MPV) Samarthak and the Anti-Submarine Warfare Shallow Water Craft (ASW-SWC) Mangrol in October 2026. Samarthak, built at the Larsen and Toubro shipyard in…
The Tamil Nadu State Department of Archaeology (TNSDA) commenced the third phase of underwater archaeological exploration off the coast of Poompuhar in Mayiladuthurai district. The exploration was launched by Minister…
German Ambassador to India Jasper Wieck said Germany is ready to sign an $8 billion deal with India for building six next-generation conventional submarines. Wieck stated that the documents have already been finalised…
Taiwan takes delivery of first two long-delayed US-made F-16V jets, with dozens more and a larger arms package still pending
Key Updates:
- Taiwan received the first two of 65 F-16V fighter jets ordered from the United States, after years of delays, with 63 more jets still to be delivered.
- The two F-16V Block 70 jets landed at Chihhang Air Base in Taitung.
- Taiwan placed the order for the F-16Vs in 2019.
- The delays were partly due to production and supply chain issues.
- The delivery is the first in a backlog of US arms orders to Taiwan worth almost USD 30 billion; the F-16Vs represent USD 8 billion, or roughly 25 per cent of the backlog, according to the Taiwan Security Monitor at George Mason University.
- Taiwan is awaiting US approval of an additional USD 14 billion arms package, which has stalled after US President Donald Trump met Chinese President Xi Jinping in May.
- China claims Taiwan as part of its territory and sends fighter jets and ships toward the island almost daily.
- Beijing has repeatedly called for Washington to halt arms sales to Taiwan, with President Xi Jinping personally raising the issue.
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The Eagles of Civilization 2026 joint air exercise began on August 22, 2026, at multiple air bases across Egypt. This is the second edition of the China-Egypt joint air drills, following the inaugural exercise in 2025.
Taiwan's lawmakers approved a NT$240 billion ($7.6 billion) budget for locally made drones on August 27, 2026. The approved proposal was backed by the Kuomintang (KMT) and Taiwan People's Party (TPP) after President Lai…
Indian defence startup Flying Wedge Defence & Aerospace (FWDA) has unveiled FWD Supreme Lite, a flight technology demonstrator for its AI-piloted fighter aircraft programme. FWD Supreme Lite is a approximately…
The US Department of State approved a possible Foreign Military Sale of 48 F-35 Lightning 2 fighter aircraft and related equipment to Saudi Arabia at an estimated cost of USD 24.3 billion. The package includes 48 F-35…
United States Imposes Visa Bonds up to $20,000 on 50 Countries; India Exempt
Key Updates:
- The United States has designated 50 countries whose citizens must post visa bonds of up to 20,000 US Dollars for tourist and business (B1/B2) visas, with India exempt from the mandate.
- South Asian nations covered include Bangladesh, Bhutan and Nepal; Nepal and Bangladesh have faced the mandate since January 21, while Bhutan was added beginning January 1.
- Under the programme, travellers on passports from listed countries must deposit bonds of 10,000, 15,000 or 20,000 US Dollars, with the exact amount fixed by a consular official during the visa interview.
- The State Department released the revised list of bond-required nations, which also spans countries in Africa, the Caribbean, Central Asia and the Pacific.
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Nvidia announced the acquisition of Hugging Face for $12.9 billion. Hugging Face is a platform for hosting and accessing open-source AI models and datasets.
US President Donald Trump extended the $100,000 payment requirement for employers seeking certain H-1B workers through September 21, 2027, with limited national-interest exceptions. A federal judge in Massachusetts…
National Bank for Financing Infrastructure and Development (NaBFID) raised $750 million through its debut 10-year US dollar benchmark bond, priced at 105 basis points over US Treasuries with a coupon of 6.122 per cent.…
Apple Pay has officially launched in India, supporting Axis Bank-issued Visa and Mastercard credit cards on iPhone, iPad and Apple Watch for contactless payments at stores, in apps and online. Users can add eligible Axis…
Tejas, Rafale, F-35A and Sukhoi jets fly in single formation at Indian Air Force's Tarang Shakti exercise
Key Updates:
- India's indigenously built Tejas light combat aircraft, France's Rafale, the United States' F-35A Lightning II stealth fighter and Russian-made Sukhoi jets flew together in a single formation during Tarang Shakti, the Indian Air Force's largest multilateral air combat exercise.
- More than 80 Indian and foreign aircraft and around 1,500 personnel, including aircrew, technicians and ground staff, are participating in Tarang Shakti at Jodhpur.
- Seven other air forces are participating with air assets from the United States, France, Germany, the United Arab Emirates, Australia, Bangladesh and Sri Lanka, while 32 observer nations include Brazil, Egypt, Italy, Japan, Malaysia, Oman, Singapore, South Africa, Thailand and Vietnam.
- Foreign aircraft in the drills include F-35s, F-16s, Rafales, A400Ms, A330 MRTTs, KC-135s and C-130s, flying alongside the IAF's Sukhoi-30s, Rafales, Jaguars, Mirage-2000s, MiG-29s, LCA Mk-1s, Mi-35s, Mi-17s and IL-78 refuellers.
- This is the first time F-35 fifth-generation fighter jets have participated in an exercise in India.
- The drills include visual-range and beyond-visual-range combat missions, engagements involving high-value aerial assets, air mobility operations, dynamic targeting, air-to-air refuelling and combat search and rescue missions.
- Visiting air forces were briefed at Hindustan Aeronautics Limited (HAL) and Bharat Electronics Limited (BEL) in Bengaluru and will visit the C295 production line in Vadodara.
- India's defence exports reached a record ₹38,424 crore in 2025-26, a 63% increase from ₹23,622 crore the previous year, with a target of ₹50,000 crore by 2029-30.
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The Indian Air Force (IAF) commenced the operational phase of Exercise Tarang Shakti 2026 at Air Force Station Jodhpur, a day after the inaugural ceremony. The multilateral air exercise is being conducted from 26…
The Indian Air Force will host the second edition of its largest-ever multinational air exercise, Tarang Shakti-26, from September 26 to October 12 at Air Force Station Jodhpur and adjoining air bases. Around 40…
The Indian Air Force (IAF) will host the second edition of Exercise Tarang Shakti, its premier multinational air exercise, at Jodhpur in Rajasthan from September 26 to October 12, 2026. The first edition of Tarang Shakti…
The Indian Air Force (IAF) and the Royal Malaysian Air Force (RMAF) commenced bilateral Exercise Udara Shakti 2026 at Subang Air Base in Malaysia. Air warriors from both nations are engaged in joint field training and…
Sports
India's archers match Hangzhou haul with nine medals at Aichi-Nagoya Asian Games, Kumkum Mohod stars with three
Key Updates:
- India's archery team won nine medals at the Aichi-Nagoya Asian Games — five gold, two silver and two bronze — matching their Hangzhou 2023 tally and ending Korea's dominance in the sport.
- Kumkum Mohod, 17, became India's first recurve champion in Asian Games history, beating South Korea's Oh Yejin in a shoot-off and securing an early quota spot for the 2028 LA Olympics.
- Kumkum won three medals: individual recurve gold, women's team gold, and mixed team silver.
- The recurve women's team of Kumkum Mohod, Ankita Bhakat and Kirti Sharma defeated Korea 5-3 to win gold.
- The compound men's team of Kushal Dalal, Sahil Jadhav and Ganesh Thirumuru beat China 238-237 in the final for gold.
- The compound women's team of Jyothi Surekha Vennam, Prithika Pradeep and Chikitha Taniparthi beat Kazakhstan, Korea and China to win gold.
- India won compound mixed team gold, prevailing 20-19 in a shoot-off against Korea after a 157 tie.
- The recurve men's team of Dhiraj Bommadevara, Sanjay Bhoge and Neeraj Chauhan lost 1-5 to Korea for silver.
- The recurve mixed team of Dhiraj Bommadevara and Kumkum Mohod lost 5-3 to China for silver, India's first medal in the event.
- Ganesh Thirumuru won compound men's individual bronze, beating Vietnam's Dang Cong Duc 149-144.
- Neeraj Chauhan won recurve men's individual bronze, beating Dhiraj Bommadevara 6-4, becoming only the second Indian male to win an Asian Games individual recurve medal after Tarundeep Rai's 2010 silver.
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India's compound archery pair Chikitha Taniparthi and Sahil Jadhav won gold in the mixed team event at the 2026 Asian Games in Aichi-Nagoya, securing India's first quota place for the Los Angeles 2028 Olympics in the…
Kumkum Anil Mohod and Dhiraj Bommadevara won the recurve mixed team silver at the Asian Games 2026 in Aichi-Nagoya, losing the final 3-5 to China on Friday. India fought back from a 0-4 deficit, winning the third set and…
Lovlina Borgohain won the gold medal in the women's 75kg boxing event at the Asian Games 2026 in Aichi-Nagoya, defeating China's Bao to claim her maiden Asian Games gold. Lovlina Borgohain became the first Indian woman…
India defeated South Korea 5-3 to win their first Asian Games women's recurve team gold at the Asian Games 2026 in Aichi-Nagoya on October 2, 2026. The Indian team comprised Ankita Bhakat, Kirti and 17-year-old Kumkum…
Aman Sehrawat defeats world champion Han Chong-song for Asian Games 57kg wrestling gold as Antim Panghal loses 53kg final
Key Updates:
- Aman Sehrawat won the 57kg wrestling gold at the Asian Games, defeating reigning world champion Han Chong-song of North Korea 11-7 in the final; Aman had won a bronze at the previous Asian Games in Hangzhou.
- Aman, the Paris Olympics bronze medallist, reached the final with commanding wins over Japan's Yamoto Ogawa (20-9), Kazakhstan's Nurdanat Aitanov (12-1) and Tajikistan's Aiaal Belolyubskii (14-8).
- Antim Panghal, the Hangzhou bronze medallist, lost 1-9 to Japan's 2024 world champion Moe Kiyooka in the 53kg final.
- India ended their wrestling campaign with six medals: golds for Sujeet Kalkal (65kg) and Aman, silvers for Antim Panghal and Nitesh Siwach (97kg), and bronzes for Deepak Punia (97kg) and Sunil Kumar (87kg).
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Anahat Singh and Abhay Singh won silver medals for India in the Asian Games 2026 squash singles finals, both losing to Malaysian opponents on Sunday. Abhay Singh, ranked 26, lost the men's singles final to Malaysia's…
Parveen Hooda won the women's 65kg boxing gold medal at the 2026 Asian Games, defeating Chinese Taipei's Chen Nien-chin 3-2 by split decision. Parveen became only the third Indian woman boxer to win an Asian Games gold…
India's Lovlina Borgohain defeated China's Bao Ziyi 5-0 in the women's 75kg boxing final at the Asian Games 2026 on October 2, 2026, her birthday. The women's 75kg final was held at Nishio City General Gymnasium in…
India won the women's 4x400m relay gold at the Asian Games 2026 in Nagoya, clocking 3 minutes 29.69 seconds, and also took bronze in the men's 4x400m relay. Neeru Dhanda became the first Indian woman to win an individual…
India defeat Pakistan by 19 runs in Asian Games men's cricket final to seal golden double
Key Updates:
- India beat Pakistan by 19 runs in the men's cricket final at the Asian Games in Nisshin on Oct 3, completing a golden double after the women's team won gold.
- India posted 211-6, the highest total of the Aichi-Nagoya Games, with Abhishek Sharma scoring 61 and Tilak Varma hitting an unbeaten 51 off 22 balls; Pakistan finished on 192-6 despite Hasan Nawaz's 96.
- Sri Lanka beat Bangladesh by 63 runs to take bronze, while India's women had won gold by beating Sri Lanka by 147 runs in their final on Sept 22.
- Jasprit Bumrah bowled tightly and spinner Axar Patel took the wickets of Usman Khan and Maaz Sadaqat as Pakistan slumped to 76-3 at the halfway stage of the chase.
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The Competition Commission of India (CCI) approved the acquisition of Rajasthan Royals, Paarl Royals and Barbados Royals by Westview Cricket Ltd and Poonawalla Sports and Fitness Pvt Ltd, announced on September 17, 2026.…
Australia won a record seventh International Cricket Council (ICC) Women's T20 World Cup title by defeating England by seven wickets. The final match was held at Lord's Cricket Ground in London on July 05, 2026.
Smriti Mandhana became the first woman cricketer to complete 11,000 runs in international cricket during India's Asian Games gold-medal final against Sri Lanka at Korogi Sports Park in Aichi-Nagoya. Before the final…
Sir Garfield Sobers, regarded as one of cricket's greatest all-rounders, passed away at his home in Barbados at the age of 89. He played 93 Test matches for the West Indies between 1954 and 1974, scoring 8,032 runs at an…
Pranavi Urs claims India's first women's golf gold at Asian Games
Key Updates:
- Pranavi Urs, a 23-year-old from Mysuru, won the women's individual golf gold at the Aichi-Nagoya Asian Games, the first by an Indian woman and India's first golf gold since Shiv Kapur's men's title at Busan in 2002.
- The women's individual stroke play final was held at the Kasugai Country Club East course.
- Pranavi tallied 15-under 265 (66, 63, 66, 70) to win by one shot over China's Yin Ruoning, the world No.6, a former world No.1 and Major winner; Yin took silver after a playoff win over Singapore's Shannon Tan, with both tied second at 14-under.
- Pranavi, Aditi Ashok and Diksha Dagar won the women's team silver at 14-under, behind China's winning 22-under aggregate, with Chinese Taipei taking the bronze at -10.
- Aditi Ashok shot a 3-under 67 to finish T14 at 2-over 282, while Diksha Dagar ended T23 at 12-over after a final-round 77.
- Pranavi started playing golf at age 8, represented India in the 2017 amateur Malaysian Open and Asia Pacific Sirikit Cup at 14, earned an international golf scholarship in the Bahamas via the Upgame analytics platform, and has been coached for eight years by Australian coach Steven Guiliano.
- Pranavi has spent the last three years on the Ladies European Tour and was inspired by Aditi Ashok's fourth-place finish at the 2021 Tokyo Olympics.
- She will next aim for a first LET title at this month's Hero Women's Indian Open.
- In the men's event, India finished sixth in the team competition, with Veer Ahlawat and Saptak Talwar tied sixth and Yuvraj Sandhu T24, while Korea's Kim Jooyung, a 4-time PGA Tour winner known as Tom Kim, won the individual gold by three shots.
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Esha Singh won the silver medal in the women's 25m pistol event at the 2026 Asian Games, finishing the final with 38 hits, the same score as gold medallist Xiao Jiaruixuan of China, but losing the shoot-offs 4+2 to 4+3.…
India won the silver medal in the women's 50m rifle 3 positions team event at the Asian Games Aichi-Nagoya 2026 with a combined score of 1763, finishing 10 points behind gold medallist China, while Kazakhstan took bronze…
Baranica Elangovan won bronze in the women's pole vault at the 2026 Asian Games in Aichi-Nagoya, Japan, giving India its first-ever medal in the event. The 29-year-old from Tamil Nadu cleared 4.15m and shared the bronze…
India's women's cricket team retained the Asian Games gold medal by beating Sri Lanka by 147 runs in the final at Korogi Sports Park in Nisshin, handing India its first gold of the 2026 Asiad. India posted 216 for three…
Nethra Kumanan claims first Asian Games medal with bronze in women's dinghy at Aichi-Nagoya
Key Updates:
- Indian sailor Nethra Kumanan won her first Asian Games medal, a bronze in the women's dinghy event at the Aichi-Nagoya Games.
- Before this medal, Nethra had finished fourth at the Hangzhou Asian Games, fifth in 2018 and seventh in 2014.
- She is the first and, till date, only Indian woman sailor to qualify for and compete at the Olympics.
- The 29-year-old sailor is from Chennai.
- Nethra trained at the Spanish island of Gran Canaria over the winter and spent a month in July training and competing in Los Angeles, the venue of the Olympics in two years.
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Mirabai Chanu won her maiden Asian Games medal, a silver in the women's 49kg weightlifting category at the Nagoya City Trade and Industry Center in Aichi and Nagoya, lifting a total of 198 kg (87 kg snatch, 111 kg clean…
India won the silver medal in the mixed 4x400m relay at the Asian Games 2026, held at the Nagoya City Mizuho Park Athletic Stadium. The Indian quartet of Vishal TK, Vithya Ramraj, Manu Saji and MR Poovamma clocked…
Jay Meena won India's first-ever soft tennis medal at the Asian Games, a bronze in the men's singles, after losing 2-4 to Japan's Takuya Kurosaka in the semifinals in Nagoya on September 23, 2026. The 26-year-old Meena…
Baranica Elangovan won bronze in the women's pole vault at the 2026 Asian Games in Aichi-Nagoya, Japan, giving India its first-ever medal in the event. The 29-year-old from Tamil Nadu cleared 4.15m and shared the bronze…
India's Asian Games 2026 Campaign: 85 Medals, Records and Key Results
Key Updates:
- The Indian women's hockey team defeated China 1-0 to win its first Asian Games gold in 44 years and qualify for the 2028 Los Angeles Olympics.
- Hockey India announced awards of ₹11 lakh for each women's hockey player and ₹5.5 lakh for each support staff member after the gold-medal victory.
- Lovlina Borgohain won women's 75kg boxing gold, defeating China's Ziyi Bao by a 5-0 unanimous decision and becoming the second Indian woman after MC Mary Kom to win Asian Games boxing gold.
- India's women's recurve archery team, comprising Ankita Bhakat, Kirti Sharma and Kumkum Mohod, won its maiden Asian Games gold by defeating South Korea 5-3.
- Sujeet Kalkal won men's 65kg freestyle wrestling gold on 2 October 2026, overcoming a 2-9 deficit to defeat Tajikistan's Abdulmazhid Kudiev 10-9.
- Aman Sehrawat won men's 57kg freestyle wrestling gold, defeating North Korea's Han Chong Song 11-7 in the final.
- Deepak Punia won men's 97kg freestyle wrestling bronze with a 2-1 victory over Mongolia's Gankhuyag Ganbaatar.
- Nitesh Siwach won men's Greco-Roman 97kg wrestling silver after losing the final 4-0 to Japan's Yuri Nakazato.
- India's men's cricket team defended its Asian Games gold medal by defeating Pakistan by 19 runs in the final.
- Vaibhav Sooryavanshi became India's youngest Asian Games gold medallist at 15 years, six months and six days old, as part of the men's cricket team.
- India's men's hockey team retained its Asian Games title by defeating Malaysia 5-1 and qualified for the Los Angeles 2028 Olympics.
- Pranavi Urs became the first Indian woman to win individual golf gold at the Asian Games, finishing at 15-under 265, one stroke ahead of Yin Ruoning and Shannon Tan.
- Pranavi Urs, Aditi Ashok and Diksha Dagar secured women's team golf silver with a combined score of 14-under 546, behind China's 22-under 538.
- Kumkum Mohod won women's individual recurve archery gold after defeating South Korea's Oh Yejin in the final, adding to her women's team gold.
- Neeru Dhanda was named women's flag bearer for the Asian Games closing ceremony after winning women's individual trap gold, trap mixed team gold and women's team trap silver.
- India finished its Asian Games 2026 campaign with 85 medals, comprising 21 gold, 27 silver and 37 bronze, and ranked fourth in the medal standings.
- India finished sixth in men's volleyball after losing 2-3 to Thailand, with set scores of 19-25, 25-17, 21-25, 25-17 and 15-17.
- India won six wrestling medals, comprising two gold, two silver and two bronze, and secured two men's freestyle golds at the same Asian Games for the first time since 1978.
- Antim Panghal won women's 53kg wrestling silver after losing the gold-medal bout 1-9 to Japan.
- Sunil Kumar won bronze in men's Greco-Roman 87kg wrestling.
- India's men's recurve archery team won silver after losing the final 1-5 to South Korea.
- Kumkum Mohod and Dhiraj Bommadevara won mixed recurve archery silver after India lost 3-5 to China in the final.
- Nethra Kumanan won women's dinghy sailing bronze, her first Asian Games medal on her fourth appearance.
- Parveen Hooda won women's 65kg boxing gold after a 3-2 split-decision victory over Chinese Taipei's Chen Nien-chin.
- Ankush Panghal won men's 80kg boxing gold with a 4-0 victory over South Korea's Kim Minseong.
- Neeraj Chauhan won men's individual recurve archery bronze by defeating Dhiraj Bommadevara 6-4.
- India's men's quadrant team won Sepaktakraw bronze after losing 0-2 to Japan in the semifinal.
- India's women's rugby sevens team finished sixth after defeating Singapore 22-5 and losing 0-21 to Kazakhstan in the classification matches.
- Veer Ahlawat and Saptak Talwar finished joint sixth in men's individual golf, Yuvraj Sandhu placed 24th, and India finished sixth in the men's team event.
- Aditi Ashok finished 14th and Diksha Dagar joint 23rd in women's individual golf.
- Mahi Verma finished eighth in girls' dinghy sailing, while Katya Coelho placed seventh in women's windsurfing.
- Kashish Malik and Jyoti Yadav were eliminated in the women's 57kg and +67kg taekwondo round of 16 after 0-2 defeats.
- India's 85-medal total and 21 golds were its second-highest Asian Games tallies, behind the 106 medals and 28 golds won at Hangzhou in 2023.
- Abhishek Sharma scored 61 off 28 balls and Tilak Varma made an unbeaten 51 off 22 balls as India posted 211/6 and restricted Pakistan to 192 for 6 in the cricket final.
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Suruchi Singh and Kamaljeet won gold for India in the mixed 10m air pistol shooting final at the Asian Games 2026 in Aichi-Nagoya, setting an Asian-record score of 484.6 points and beating South Korea by 6.6 points, with…
Satnam Singh and Salman Khan won bronze in the men's double sculls at the Asian Games 2026 in Nagoya, India's first-ever medal in the event, clocking 6:13.25 at the Nagara-Kagawa International Regatta Course. China's Yi…
The 2026 Asian Games, officially known as Aichi-Nagoya 2026, will be held in Japan's Aichi Prefecture with Nagoya as the main hub from September 19 to October 4. More than 11,000 athletes from 45 countries are expected…
India beat Iran 37-33 to clinch the women's kabaddi gold medal at the Aichi-Nagoya Asian Games in Tokai City, Japan, on September 26, 2026. This was India's fourth gold medal in women's kabaddi at the Asian Games, after…
Asian Games 2026: India's Ashmita Dey Falls to Mongolian Rival in Women's 48kg Judo Bronze Medal Bout
Key Updates:
- Indian judoka Ashmita Dey lost the women's 48kg bronze medal bout to Mongolia's Narantsetseg Ganbaatar by Waza at the Asian Games in Izu, Japan, returning empty-handed.
- Ashmita Dey is the reigning Commonwealth Games champion.
- She reached the bronze medal contest by beating Hong Kong China's Ka Lee Wong via yoko with a 4-0 golden score in the repechage round.
- Earlier, she defeated Vietnam's Ngoc Chi Ha by ippon in the round of 16 before losing the quarterfinal to Kazakhstan's Abiba Abuzhakynova by ippon.
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India won bronze medals in both the men's and women's skeet team events at the Asian Games 2026 held in Nagoya. In the women's team event, Raiza Dhillon, Maheshwari Chauhan and Parinaaz Dhaliwal combined for 331 to…
Parveen Hooda won the women's 65kg boxing gold medal at the 2026 Asian Games, defeating Chinese Taipei's Chen Nien-chin 3-2 by split decision. Parveen became only the third Indian woman boxer to win an Asian Games gold…
Asmita Dey defeated Canada's Heidi Quach to win the women's 48 kg judo gold at the Commonwealth Games 2026 in Glasgow. Harsh Singh defeated Australia's Joshua Katz to win the men's 60 kg judo gold at the Commonwealth…
Indian wushu athlete Roshibina Devi won silver in the women's sanda 60 kg event at the Aichi-Nagoya Asian Games 2026, losing the final to China's Zhang Xiaoyu. Roshibina lost both rounds of the final 0-5, with Zhang…
President Murmu hails Kumkum Mohod and Pranavi Urs for historic Asian Games 2026 golds
Key Updates:
- President Droupadi Murmu congratulated archer Kumkum Anil Mohod and golfer Pranavi Sharath Urs on winning gold medals on the final day of Asian Games 2026 in Japan.
- Kumkum Mohod became the first Indian to win the Recurve Women's Individual archery gold at the Asian Games, beating South Korea's Oh Yejin in a shoot-off with a perfect 10 after a 5-5 tie, and secured an Olympic quota place for India for the 2028 Los Angeles Games.
- Kumkum earlier won gold in the women's recurve team with Ankita Bhakat and Kirti Sharma and silver in mixed recurve with Dhiraj Bommadevara, making her individual gold her third medal of the Games.
- Kumkum defeated reigning world champion Kang Chaeyoung of South Korea 6-4 in the quarterfinal and China's Jingyi Zhu 6-2 in the semifinal.
- Pranavi Urs became the first Indian woman to win an individual golf gold at the Asian Games, finishing at 15-under-par 195 after 54 holes with a three-shot lead entering the final round.
- India had 76 medals (16 gold, 25 silver, 35 bronze) entering the final day, standing fifth overall, with the men's cricket team set to face Pakistan and the men's hockey team to face Malaysia in their finals.
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Lovlina Borgohain won the gold medal in the women's 75kg boxing event at the Asian Games 2026 in Aichi-Nagoya, defeating China's Bao to claim her maiden Asian Games gold. Lovlina Borgohain became the first Indian woman…
India won the men's kabaddi gold medal at the Asian Games 2026 by defeating Iran 40-34, completing a golden double hours after the women's team beat Iran 37-34 for the women's title. This was India's record-extending…
President Droupadi Murmu approved 78 gallantry awards, including 13 posthumous honours, for Defence Forces and Central Armed Police Forces personnel on the eve of the 80th Independence Day. The gallantry awards comprise…
The Asian Games 2026 will be held from September 19 across Aichi Prefecture and Nagoya in Japan, marking the 20th edition of the Games since it was first held in 1951. More than 15,000 athletes from across Asia and…
Government To Set Up Centres Of Excellence For Five Classical Indian Languages At Five Institutions
Key Updates:
- The Centre has announced Centres of Excellence for five classical languages: Classical Assamese, Classical Bengali, Classical Marathi, Classical Pali and Classical Prakrit, to be hosted at five institutions across five states.
- The Centre of Excellence for Classical Assamese will be established at Tezpur University in Assam.
- The Centre of Excellence for Classical Bengali will be set up at Visva-Bharati University in West Bengal.
- The Centre of Excellence for Classical Marathi will be established at the Deccan College Post Graduate and Research Institute (Deemed to be University) in Pune, Maharashtra.
- The Centre of Excellence for Classical Pali will be set up at the Central University of Odisha.
- The Centre of Excellence for Classical Prakrit will be hosted at the Central University of Gujarat.
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Jagruti Rehabilitation Centre won the 'Excellence in Clinical Services - Mental Health & Wellness' award in the National category at the ET Healthcare Awards 2026, organised by ETHealthworld, the healthcare division of…
SASTRA Deemed University and Tata Communications launched a centre of excellence (CoE) in cybersecurity and digital forensics, built at a cost of Rs 3.5 crore, at the university's Thanjavur campus. The CoE is a research…
Indian Institute of Engineering Science and Technology (IIEST), Shibpur signed a Memorandum of Understanding with Tata Consultancy Services (TCS) on September 22, 2026 to set up a Centre of Excellence in Artificial…
The International Centre for Civilizational Studies "Manas and Mahabharata" was established by the Manas National Academy in collaboration with the Centre for Studies of International Relations (CSIR), New Delhi.…
Sudhakar Malli Named Executive Director of Reserve Bank of India
Key Updates:
- The Reserve Bank of India (RBI) appointed Sudhakar Malli as Executive Director with effect from October 1.
- Prior to his promotion, Sudhakar Malli served as Chief General Manager-in-Charge of the Department of Supervision in the RBI, and as Executive Director he will look after the Department of Supervision (Supervisory Assessment).
- Sudhakar Malli is a career central banker with around three decades of experience, including over two and a half decades in the supervision of banks, non-banking financial companies and co-operative banks, around five years of supervisory experience in overseas jurisdictions, and work in Currency Management; he holds a BTech in Mechanical Engineering and is a Certified Associate of the Indian Institute of Bankers (CAIIB).
- Last month, the RBI appointed Suman Ray as Executive Director, who looks after the Department of Deposit Insurance and Credit Guarantee Corporation and Premises Department, having earlier served as Regional Director for Maharashtra.
- In August, the RBI appointed Monisha Chakraborty as Executive Director, looking after the Foreign Exchange Department and the Financial Markets Regulation Department.
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The Reserve Bank of India (RBI) appointed Monisha Chakraborty as Executive Director with effect from August 3, 2026. Prior to this, she served as Chief General Manager-in-Charge in the Department of Supervision.
Prasanta Mahapatra assumed charge as Executive Director of the Securities and Exchange Board of India (SEBI). He will handle the Corporation Finance Investigation Department and the Recovery and Refund Department.
Somanath Sreedhara Panicker was appointed as a part-time non-official director on the Central Board of the Reserve Bank of India (RBI) for a period of four years, effective August 20, 2026. Anand Gopal Mahindra was…
Suman Ray was appointed as Executive Director of the Reserve Bank of India (RBI) with effect from September 1, 2026. Prior to this appointment, he served as Regional Director for Maharashtra.
GAIL Director Sanjay Kumar appointed Petronet LNG Managing Director and CEO
Key Updates:
- Sanjay Kumar, Director (Marketing) of state-owned GAIL (India) Ltd, has been appointed Managing Director and Chief Executive Officer of Petronet LNG Ltd, effective May 13, 2027.
- Petronet LNG's board cleared the appointment during a 15-minute meeting held on October 2.
- Kumar, aged 59, will take over from the existing CEO A K Singh on May 13, 2027, and will have a five-year term.
- Indian Oil Corporation (IOC), GAIL (India) Ltd, Oil and Natural Gas Corp (ONGC) and Bharat Petroleum Corporation Ltd (BPCL) each hold a 12.5 per cent stake in Petronet LNG.
- Kumar has been Director (Marketing) at GAIL since mid-June 2023 and is a mechanical engineer from IIT Kharagpur with over 35 years of experience in the natural gas and LNG value chain.
- Petronet LNG operates India's largest LNG import terminal at Dahej in Gujarat and another terminal at Kochi in Kerala.
- Petronet LNG has a total regasification capacity of 27.5 million tonnes a year, handles about 74 per cent of India's LNG imports and accounts for around 34 per cent of the country's gas supplies.
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Anup Bagchi has been appointed Managing Director and Chief Executive Officer of HDFC Bank for a three-year term effective October 27, 2026, after receiving Reserve Bank of India (RBI) approval. Bagchi succeeds Sashidhar…
Anil Chakravarthy, an alumnus of IIT-BHU and MIT, was named the next President and CEO of Adobe, effective December 1, 2026. He succeeds Shantanu Narayen, who will become Executive Chair of Adobe.
Fatima Ezzahra El Mansouri becomes Morocco's first woman Prime Minister
Key Updates:
- Fatima Ezzahra El Mansouri was appointed as Morocco's first woman Prime Minister (head of government) by King Mohammed VI on September 29, 2026, and was asked to form a new government.
- Her appointment came six days after Morocco's parliamentary elections held on September 23, 2026.
- Her Authenticity and Modernity Party (PAM) won 97 of 395 seats in the House of Representatives, emerging as the largest party, followed by the National Rally of Independents (RNI) with 66 seats and the Istiqlal Party with 65 seats.
- She is only the second woman to head a government in the Arab world, after Tunisia's Najla Bouden, who served as prime minister from 2021 to 2023.
- El Mansouri, aged 50, is a lawyer who became the first woman mayor of Marrakesh in 2009 and later served as Morocco's minister for national planning, urban development, housing and urban policy under outgoing Prime Minister Aziz Akhannouch.
- PAM fell short of the 198 seats needed for a majority, so El Mansouri must negotiate a coalition; the Justice and Development Party (PJD) won 54 seats in the election.
- Voter turnout in the September election fell to around 38 per cent, reflecting political disengagement and dissatisfaction over economic and social issues.
- A key task of the new government will be preparations for the 2030 FIFA World Cup, which Morocco will co-host with Spain and Portugal.
- PAM had campaigned on a pledge to create one million jobs and expand investment in social sectors.
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Jyotirao and Savitribai Phule founded an institution for girl's education in Bhide Wada, Pune in 1848, with Savitribai becoming one of India's first female teachers in the modern era. Fatima Sheikh was an early Muslim…
IPS officer Sanjukta Parasor has been appointed the Inspector General of the CRPF special jungle warfare commando unit, CoBRA, becoming the first woman to hold the post. Parasor is a 2006-batch Indian Police Service…
Shashi Tharoor Reappointed Chairperson of External Affairs Committee as Parliamentary Standing Committees Reconstituted
Key Updates:
- Parliamentary Standing Committees were reconstituted with effect from September 26, 2026, with chairpersons appointed for 24 panels as per a Lok Sabha bulletin.
- Congress MP Shashi Tharoor was re-appointed Chairperson of the Committee on External Affairs.
- BJP MP Sudhanshu Trivedi was named Chairperson of the Committee on Commerce, replacing TMC's Dola Sen.
- BJP's Nishikant Dubey will continue to head the Committee on Communications and Information Technology.
- BJP's Radha Mohan Das Agrawal will chair the Committee on Home Affairs, Bhartruhari Mahtab will head the Committee on Finance, and Radha Mohan Singh will chair the Committee on Defence.
- Congress's Mukul Wasnik will chair the Committee on Education, Women, Children, Youth and Sports, and DMK's Tiruchi Siva was appointed Chairperson of the Committee on Industry.
- Samajwadi Party's Ram Gopal Yadav was named Chairperson of the Committee on Health and Family Welfare, and Congress's Charanjit Singh Channi will chair the Committee on Agriculture, Animal Husbandry and Food Processing.
- Each committee comprises 21 members from the Lok Sabha and 10 from the Rajya Sabha.
- Rahul Gandhi is a member of the Committee on Defence, while Priyanka Gandhi Vadra is a member of the Committee on Home Affairs.
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The Centre reconstituted the Central Board of Film Certification (CBFC) on September 16, 2026, with an 18-member panel headed by chairperson Shashi Shekhar Vempati, effective immediately for three years or until further…
The Parliamentary Standing Committee on External Affairs, headed by Congress leader Shashi Tharoor, recommended that the Centre consider appointing a polar ambassador. According to the committee, the position will help…
The Standing Committee on Health and Family Welfare recommended that the gap between landing price and MRP of medicines and medical devices should not exceed 20%. The committee cited Tenecteplase, a clot-busting drug…
The Election Commission issued a notification for biennial elections to 11 Rajya Sabha seats — ten in Uttar Pradesh and one in Uttarakhand. Ten outgoing members include BJP leaders and Union Ministers Hardeep Singh Puri…
