Complex regulations, limited private participation and budget constraints are making project preparation and risk-sharing increasingly critical, while AI and digital technologies reshape infrastructure investment.
Axis Banks Sanjeev Moghe resigns amid banking sector leadership churn
Axis Bank executive Sanjeev Moghe has resigned, making it the lender's second senior management exit in just over a month amid wider industry executive reshuffles.
The bank acknowledged his contributions during his tenure in a formal disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Hyundai workers union seeks wage hike after interim raise to management
The United Union of Hyundai Employees (UUHE) has urged Hyundai Motor India to extend the 2 per cent wage increase given to more than 4,000 management employees recently to the 2,000-plus workers as well.
Indian pharma companys Ukraine plant hit by Russian drone, one worker killed
The company employs more than 200 people at the Sumy plant, all of them local Ukrainians
SEBI chairman warns investors against anonymous tips, finfluencers; launches Project Jagrook
Tuhin Kanta Pandey, Chairman of the Securities and Exchange Board of India, has inaugurated Project Jagrook, which aims to boost investor education and awareness. This initiative addresses the stark difference between market understanding and actual involvement, with only 9.5 percent of the 63 percent of households aware of securities products actively engaged.
Mumbai (Maharashtra) [India], October 5: The Appeal of Conscience Foundation presented Raj Subramaniam, president and chief executive officer of FedEx Corporation, with the Appeal of Conscience Award at the foundation's 61st Annual Gala, at The Pierre Hotel in New York City.
Advanced manufacturing, energy security key to growth: N Chandrasekaran
Tata Sons Chairman N Chandrasekaran says India needs continued investment in advanced and precision manufacturing, energy security and human capital for long-term growth
Axis Banks gross advances rise 23% YoY to Rs 13.85 lakh crore in Q2, deposits up 21%
Axis Banks gross advances rose 22.7% year-on-year to Rs 13.846 lakh crore by September 30, 2026, while deposits increased 20.7% to Rs 14.521 lakh crore. CASA deposits grew 10.6%, with FCNR(B) flows significantly influencing deposit and loan growth.
Businesses currently juggle multiple vendors with limited visibility into whether messages actually reach customers, while automated bots inflate bills through international OTP pumping
Instamart's Noice aims to double food entrepreneur base, expand range
Noice currently partners with 75 food entrepreneurs and plans to expand to over 500 products, backed by a financing programme offering up to 5 crore in formal credit
Indriya launches Padmika, a gold collection rooted in Lakshmi iconography
The collection has been launched with an eye on festive sales
Kotak Mahindra Banks net advances climb 25% YoY to Rs 5.77 lakh crore; deposits grow 23% in Q2
Kotak Mahindra Banks net advances rose 24.7% year-on-year to Rs 5,77,094 crore by September 30, 2026, while total deposits increased 23.2% to Rs 6,51,491 crore. CASA deposits grew 11.3%, according to provisional data disclosed by the lender.
Tech Mahindra Global Chess League and Couchbase Complete an Exciting Season 4 Together
Bengaluru (Karnataka) [India], October 5: Tech Mahindra Global Chess League (GCL), a joint initiative of Tech Mahindra and FIDE, and Couchbase, the Operational Data Platform for AI, have successfully concluded their partnership for Season 4, held in Bengaluru from September 5 to 13, 2026. Couchbase joined the Global Chess League as a sponsor for Season 4 in Bengaluru, bringing together two organizations with a shared interest in how technology and innovation can create more engaging experiences for audiences.
Price increase every quarter is a norm now: Mercedes-Benz India MD
Company achieves its best quarterly sales ever, also records best-ever January-September sales, on the back of new launches and success of existing vehicles
NHC Foods to acquire DNR Ventures for $5.5 mn
The transaction will provide NHC Foods with a controlling interest in the Singapore-based company, subject to satisfactory due diligence and required regulatory and third party consents
Make every festive pick a 10.10 with Tata CLiQ's flagship festive sale
Mumbai (Maharashtra) [India], October 5: Tata CLiQ is hosting its annual flagship 10.10 sale on Tata CLiQ Fashion and Tata CLiQ Luxury, from October 8 to October 18, 2026. With attractive offers across various categories, such as apparel, beauty, accessories, footwear, jewellery, watches, and more, it's indeed the best time to shop for everything one needs to celebrate in style this festive season, from elevated fashion and beauty to thoughtful gifting and refined touches for one's home. This sale, Tata CLiQ Fashion and Tata CLiQ Luxury have introduced a Festive Pass and Collectors Card, respectively, which offers customers additional offers and other perks that can be availed till 31 December 2026, allowing customers the opportunity to maximise savings on successive purchases along with free shipping, subject to T & C.
Who is Jacob Coxon? Former Anthropic researcher to testify at New York City AI hearing today
Last month, Jacob Coxon quit Anthropic, issuing warnings that the people building AI earnestly believe that it could kill us all by the end of the decade. He also accused his former employer OpenAI of gambling with our lives.
TVS Automobile Solutions raises 425 cr in a Series D funding round led by CE-Invests
For myTVS, CE-Invests brings deep regional market understanding and business networks that can support the identification and development of new opportunities across the MENA region
TVS ASL raises 425 crore from Crescent Enterprises in Series D round
The investment will support myTVS' growth in India and expansion into international markets, initially focusing on opportunities across the Middle East and North Africa
Hindustan Unilever, PB Fintech among 7 stocks that hit 52-week lows and slipped up to 47% in a month
The Sensex fell 49 points to 72,480 on Wednesday as several BSE 100 stocks hit fresh 52-week lows. PB Fintech, Hindustan Unilever, Britannia Industries, Tata Consumer Products, Godrej Consumer Products, Bharat Electronics and Indian Oil were among them.
Market wrap: ITC, BSE, HCL Tech, Asian Paints top gainers and losers on Nifty and Sensex on Monday
Indian equity markets rebounded on Monday, with the Nifty and Sensex rising 0.60% and 0.66%, respectively. ITC led the gainers, while HCL Tech and Asian Paints fell sharply. FMCG and consumer durables outperformed, but healthcare and pharma stocks declined as investors assessed global rate and crude oil cues.
Flipkart invests in TravClan to strengthen international travel offerings
The investment will strengthen international travel supply, on-ground support and holiday offerings for customers across Cleartrip and Flipkart Travel
India records highest e-bus sales in April-September period, adoption jumps to 8.55%
The government has been pushing for increased adoption of electric trucks and buses, with work starting on a new scheme to provide cheaper loans to private sector bus and truck operators.
How homegrown D2C challengers are forcing LOral to rewrite its India playbook
Stagnant growth in India has cornered LOral into a bold reset. From unleashing prestige icons to acquiring nimble homegrown brands, the French beauty titan is rewriting its playbook to conquer the countrys ingredient-obsessed, luxury-chasing consumers.
Established beyond doubt Gyanesh Kumar changed Form 6 illegally, unilaterally: Rahul Gandhi
In a bold statement, Rahul Gandhi accused Chief Election Commissioner Gyanesh Kumar of unlawfully changing Form 6 without consensus. The Supreme Court confirmed that these alterations to electoral rolls were not sanctioned. Gandhi emphasized the need for accountability for the CEC and his colleagues. Congress general secretary Jairam Ramesh further alleged that this modification was aimed at silencing the Gen Z voter demographic.
NBFCs account for nearly half of small loans while delinquencies stay low
Non-banking finance companies accounted for nearly half of new-to-credit loans below Rs 2 lakh as of June 2026. Their retail delinquency rate remained lower than the overall industry average, reflecting improved asset quality. Monitoring credit positively impacted borrowers' cure rates compared to those who did not monitor. The customer base for NBFCs grew significantly over the last decade, indicating increasing access to credit.
Jupiter Eclipse 2026: The moon is about to swallow the giant planet, when and where can you watch it
Jupiter will not disappear in an instant like a star. The planet appears large enough in the sky for the process to take about a minute. When Jupiter comes back into view, its return should take roughly the same amount of time.
IPO Ahead! Electrical products maker Biocon Electric files draft papers with Sebi
Biocon Electric has filed DRHP with Sebi for a Rs 59 lakh-share IPO, comprising a fresh issue and OFS. The company plans to use fresh proceeds primarily for working capital, with shares proposed for BSE and NSE listing.
Sumitomo Corp to acquire 49% stake in HFE's 500 MW Karnataka project
Hero Future Energies will retain a 51 per cent stake in the 500 MW Karnataka project, which combines wind and solar power with large-scale battery energy storage
Orange Retail Finance and Shriram Finance sign co-lending agreement for gold loans
Under the agreement, the two companies will jointly originate, and fund gold loans secured against gold jewellery, with a 20:80 participation ratio between ORFIL and Shriram Finance, respectively
ET Alpha Wealth Summit 2.0: How portfolio management is evolving with AI
The ET Alpha Wealth Summit 2.0 is scheduled for October 8, 2026, in Mumbai. This event will gather various investment professionals including high-net-worth individuals and family offices. Some of the discussions will focus on the implications of AI for portfolio management and investment allocation. Expert sessions will explore the balance between human judgement and AI in making investment decisions.
Matters.AI, Upwind integrate to link cloud exposures with data risks
The native API integration combines cloud security findings with data classification, helping security teams investigate and prioritise risks to sensitive business data
Sebi to partly reverse derivative settlement rules after pushback: Report
Sebi is likely to change its closing auction mechanism after sharp derivatives price swings on expiry days. The regulator may stop using the closing auction for derivatives settlement for at least a year, shifting to a 30-minute volume-weighted average price, while retaining the auction for less-liquid underlying stocks.
Zeal Global announced plans to expand in Central Asia at Tashkent Summit
New Delhi [India], October 5: Zeal Global Services Ltd. (NSE: ZEAL), a leading air cargo logistics solutions provider, recently announced its strategic plans to expand operations into Central Asia. The announcement was made on October 1, 2026, at the Central Asia Air Cargo Summit in Tashkent, Uzbekistan, where the company outlined its vision to capitalise on the region's emergence as a critical air freight corridor.
Central Bank of India posts 30% credit growth at Rs 3.81 lakh cr in Q2
Central Bank of India reported a significant 30 percent credit growth for the second quarter of this financial year. The total advances reached Rs 2.93 lakh crore as of September 30, 2025. Total deposits increased by 14 percent, amounting to Rs 5.08 lakh crore during the same period. The bank's total business also rose by 21 percent to Rs 8.89 lakh crore.
$14 billion worth of IPO shares set for lock-in expiry to hit Dalal Street by December
In the upcoming three months, a significant event will unfold as lock-ins will expire for shares in 91 companies, releasing approximately $14 billion worth of stocks. Notably, the Central Mine Planning & Design Institute will see a release of 464 million shares. As various companies unlock shares through November and December, investors should closely analyze potential shareholder actions in the post-lock-in landscape.
TVS Motor's Venu Srinivasan says EVs not sole answer to cutting emissions
Srinivasan says electric vehicles should be allowed to grow organically, with consumer choice playing an important role
Neysa to raise $200 mn from Blackstone, OTPP to expand data centre platform
Blackstone is investing close to $150 million in Neysa, while the remaining is expected to come from the Canadian pension fund.
As India's edtech giants stumble, Manipal's UNext bets on discipline
Backed by MEMG, the company is betting on AI, university partnerships and lower acquisition costs while avoiding the high-spend consumer model that hurt several edtech rivals
Macsen Energy's Sodium-Ion Cell Crosses 1500 cycles in testing, retains 90% capacity at 1000 cycles
Udaipur (Rajasthan) [India], October 5: Macsen Energy Private Limited has reached a milestone in its sodium-ion battery research. A cell made with the company's proprietary Prussian White cathode material has crossed 1,500 charge-discharge cycles while retaining 90% of its initial capacity at 1,000 cycles in laboratory testing.
BPCL plans $3 billion bond sale to fund Brazil offshore oil project
Indias second-biggest state-owned refiner plans several funding tranches as it expands overseas energy investments and seeks to diversify supply
FIIs, retail investors raise stakes in 10 stocks, stocks rally up to 35% in 3 months
Nearly 78 BSE 500 stocks saw both FII and retail ownership rise in June 2026. Ten stocks gained 10%-35% over three months, led by Lenskart Solutions.
RBL Bank deposits rise 34% YoY to 1.56 trn in Q2; advances grow 40%
Deposits increased to 1.56 trillion and gross advances to 1.43 trillion, while the CASA ratio declined to 27.2 per cent despite growth in low-cost deposits
PhysicsWallah sells 95.8 cr loan portfolio, partially shuts lending ops
The sale to Auxilo Finserve forms part of a strategic realignment under which PhysicsWallah plans to shift lending activities to established third-party NBFCs
Jio Platforms likely to launch IPO on October 21, seeks to raise $3.8 bn
The country's biggest listing to date is Hyundai Motor India's $2.9 billion listing in 2024, while the National Stock Exchange of India made its market debut last month after a $2.3 billion IPO
Nomura sees IndiGo emerging stronger from fuel shock; initiates Buy with Rs 6,000 target
Nomura initiated coverage on InterGlobe Aviation with a Buy rating and a Rs 6,000 target price, implying around 20% upside from the September 30 close. It believes IndiGos low-cost model, large aircraft order book and expanding international network could strengthen its competitive edge despite elevated fuel prices.
Jefferies initiates coverage on newly listed Dhoot Transmission; sees up to 20% upside. Here's why
Jefferies has initiated coverage on Dhoot Transmission with a Buy rating and a Rs 1,730 price target, implying 20% upside. The brokerage expects strong two-wheeler demand, premiumisation and electrification to drive growth, with newer products adding to the opportunity. It forecasts 24% revenue and 27% EPS CAGR through FY29.
Zee 5 launches short-video vertical to sample platform content
The initiative focuses on how users discover and engage with shows, using short-form content as an entry point to deeper viewing
Shares of Punjab National Bank, Bank of Baroda and AU Small Finance Bank rose up to 4% after strong Q2 business updates. Deposits and advances recorded robust year-on-year growth across the lenders, boosting investor sentiment. Analysts expect loan growth momentum to continue, though near-term margins could remain under pressure amid surplus liquidity.
TVS Motors Venu Srinivasan says India must bridge quality gap to make Made in India a mark of trust
India's manufacturing sector must focus on quality and innovation to secure a competitive global position. Venu Srinivasan expressed that India's progress must extend beyond cost-effectiveness to achieve international standards. The country faces significant challenges in gaining consumer trust for its products, requiring widespread improvement across all industries. Continuous efforts are necessary as companies evolve amid global competition in quality.
Cygni Energy signs MoU with Indus Towers to develop telecom BESS solutions
Under the MoU, the two companies will collaborate to establish Battery Energy Storage System (BESS) manufacturing capacity of up to 1.5 GWh
Mint Explainer | Why Karnatakas gig worker law has put platforms and workers at odds
At the heart of the dispute is a question: can states create their own social-security regimes for gig workers when Parliament has already enacted a national law covering them?
IndiGo Airlines on Monday announced a revision in fuel charges across its domestic and international routes, with the new charges coming into effect for all bookings made after 1:00 am on Tuesday, October 6, 2026.
New Delhi [India], October 5: Four days after the Prime Minister's Red Fort pledge to train a crore Indians in AI, the country' s banking establishment gathered for the fourth CNBC-TV18 Banking Transformation Summit, presented by Nucleus Software, filled with an understanding that India's financial ecosystem had crossed a threshold. As the event theme 'Scaling Bharat: Powering Progress with Responsible AI' implied, the question was no longer whether artificial intelligence would transform banking. Now, the aim was to articulate a vision for the kind of transformation India would create, who would benefit, and how intelligence would be accompanied by responsibility.
Supreme Court agrees to fast-track 1988 Air India crash compensation case
Nearly four decades after the Ahmedabad crash, the Supreme Court will revisit whether air-crash compensation should follow road accident rules or a separate legal framework.
Anant Ambani, Burjis Godrej put animal welfare on the corporate agenda
Anant Ambani and Burjis Godrej are putting animal welfare on the corporate agenda, with Ambani tracing the roots of Vantara to Maneka Gandhis influence when he was three and Godrej arguing that better animal care can improve farmers livelihoods while becoming part of responsible business practice
Range Rover Sport Electric puts JLRs in-house EV strategy to the test
The bigger test is whether JLR can remove the combustion engine without stripping away the capability that defines a Range Rover while building the scalable EV manufacturing system its first electric car, the I-PACE, never provided
Why Bajaj Finance shares jumps 3% amid 17,500-cr capital raise plans
The stock opened at 962.55, touched an intraday high of 995.80, and was trading well above its previous close of 948.30
Avenue Supermarts shares fall 4% despite 18% YoY revenue growth in Q2 update
Avenue Supermarts achieved an impressive 18.4% increase in year-on-year revenue for Q2, totaling Rs 19,206.18 crore. As of September 30, 2026, the company operates 518 stores, although one is temporarily closed for renovations. However, following this positive news, shares dropped 4.07% on the NSE, indicating market concerns. Additionally, Avenue Supermarts issued Rs 500 crore in commercial paper with a 6.
L&T wins 10K-cr orders for power transmission & distribution business
The EPC orders span transmission lines, substations and cabling works, with projects aimed at strengthening grids and supporting renewable energy evacuation
Indians like their buzz: RTDs buck global shift to lighter drinks
Indias ready-to-drink alcohol market is growing faster than the global category, and with a distinctly higher-alcohol profile.
Nifty rebounds after record 8-week rout, but is this a dead cat bounce investors should fear?
The Nifty rebounded around 1% on Monday after its longest weekly losing streak in 25 years, while the Sensex gained as much as 700 points. However, after an 8-week slide that erased about 8.7%, investors remain unsure whether the gains mark a durable bottom or merely a temporary relief rally before another leg lower.
Vedanta faces 5,600 crore demand from Odisha Mining after high court setback
Odisha Mining Corp has issued a demand and intimation letter to Vedanta Aluminium, with the amount payable by 31 October 2026
No more AI: Elon Musk to rebrand SpaceXAI as SpaceXSI What is the Trump connection behind the move?
Musk's decision is a direct nod to a recent executive order signed by Trump, which mandates the US executive branch to replace the term Artificial Intelligence with Super Intelligence.
ESDS Software shares hit the 5% lower circuit on Monday, extending their losing streak to six sessions and taking the decline to nearly 30%. The selloff follows the expiry of a one-month shareholder lock-in, while weaker sequential Q1 revenue and profit have also raised concerns over the stocks stretched valuation.
Honda partners Tata Technologies to cut India vehicle costs by 20%, halve development time
Hondas India portfolio has shrunk to four models as the automaker seeks to rebuild its business and improve competitiveness from 2028
UltraTech surpasses 2 GW of green energy capacity for captive use
It has also commissioned 10 MW of Waste Heat Recovery System capacity at Sarlanagar Cement Works, its integrated manufacturing unit in Karnataka
MP assembly speaker calls for use of 'Tarun Bharat' instead of Gen Z
Madhya Pradesh Assembly Speaker Narendra Singh Tomar urged people to use Tarun Bharat instead of Gen Z, saying Indias younger generation should be welcomed rather than viewed through a generational gap.
Vietnams Masan High-Tech seeks approval for 5% private placement to fund tungsten expansion
MASAN-STAKE/:Vietnam's Masan High-Tech seeks approval for 5% private placement to fund tungsten expansion
A Delhi man living in Canada says he reached the best shape of his life after giving up Indian food about 1.5 years ago. He now eats four meals a day, tracks over 150 grams of protein and stays in a calorie deficit, a claim that has sparked a mixed debate online between support and pushback.
Aadhaar name change rules have been revised by UIDAI under a new Standard Operating Procedure issued on September 18, 2026. The updated process categorises name updates into minor corrections, data-entry errors, marital changes, regional-language errors and major name changes. Check the required documents, step-by-step process, Gazette notification rules and the applicable Rs 75 demographic update fee.
A banyan tree in Landi Kotal, Pakistan, has remained chained to the ground since 1898, when a reportedly intoxicated British officer, James Squid, allegedly believed the tree was moving towards him and ordered it to be arrested. A board still reads I am under arrest. Passed down through generations and reported by media, the bizarre colonial-era story has since become a symbol of British authority in the region.
He further noted that Indias ambition of becoming a developed economy by 2047 cannot be built solely on cost competitiveness and will require greater emphasis on innovation, product, design
EAM Jaishankar calls on Swiss President Parmelin, highlights momentum of India-EFTA TEPA
Swiss President Guy Parmelin is undertaking a three-day State visit to India at Prime Minister Modi's invitation. He aims to strengthen bilateral collaboration across various sectors including commerce and technology. Both leaders are scheduled to hold discussions on trade, investment, and multilateral cooperation. President Parmelin will also meet President Droupadi Murmu during his visit. This trip marks a significant opportunity for India and Switzerland to enhance their long-standing partnership.
GEC III: Bridging geographic and temporal mismatch
GEC-III is an answer to the yawning gap between the installed renewable capacity and the actual electricity generation
Traffic snarls hit newly opened Barapullah Phase-III corridor, bottleneck identified
Traffic snarls on the newly opened Barapullah Phase-III corridor have created significant delays for motorists. Commuters have reported long waits while the old Barapullah flyover is creating a major bottleneck. The Delhi Traffic Police noted that traffic personnel are deployed to manage vehicle flow at merging points. While the corridor was opened to improve connectivity, peak hours see ongoing congestion.
Trump confuses India with Brazil amid election, calls US voting corrupt
Donald Trump mistakenly stated that 125 million people voted in an Indian presidential election on social media. He compared this with the US election process, claiming results take longer to calculate. Trumps comments actually referred to Brazil's presidential election that occurred recently. India does not have a presidential election system resembling that of Brazil. The confusion arose from a mix-up between the two countries' electoral processes.
Adani outpaces Indias biggest business houses in data centre investments
The investments come as Indias data-centre capacity is set to surge to 5.65 GW by 2030 owing to demand by AI and cloud firms.
How to trade HDFC Bank shares after new CEO appointment? Technical indicators still signal weakness
HDFC Bank shares remain under pressure despite a relief rally following the appointment of Anup Bagchi as CEO. Technical analysts see resistance around Rs 755760, while support lies at Rs 685680. The stock has fallen 28% in 2026, underperforming the Nifty 50, which is down 14% this year.
PVR Inox ordered to pay 70,000 over movie screening delay due to ads
A Hyderabad consumer commission ordered PVR Cinemas and PVR Inox to pay compensation, litigation costs and punitive damages after ads delayed movie screening by nearly 22 minutes
R.K. Fashion Accessories SME IPO opens for subscription. Check price band, lot size and key details
R.K. Fashion Accessories IPO opened for subscription on October 5 and will close on October 7. The Rs 34.99 crore SME issue has a price band of Rs 7782 per share and a lot size of 1,600 shares. The company plans to use proceeds for working capital, expansion and new retail facilities.
Nykaa shares rise 4% as Q2 FY27 update points to strong growth across beauty, fashion
Nykaa parent FSN E-Commerce Ventures shares rose after the company indicated strong Q2 FY27 growth momentum across Beauty and Fashion. Consolidated GMV is expected to grow in the high 20s, while NSV and net revenue growth are projected in the early and high 20s, respectively.
Niftys ailing warhorse HDFC Bank gets an all-rounder CEO. Can Anup Bagchi make the elephant dance?
Anup Bagchi takes charge as HDFC Banks new CEO at a critical juncture, with the lender seeking to revive deposit and loan growth, improve margins and unlock HDFC Ltd merger synergies. With the stock 29% below its peak, investors will closely watch whether Bagchi can restore growth and confidence.
Shyam Metalics signs MoU for 50,000 crore steel plant in Maharashtra
9-MTPA Chandrapur complex to be built in two phases, with 30,000 direct and indirect jobs; company to begin approvals in FY27
Mint Explainer | Why Adanis Mumbai airport redevelopment has triggered a row
Adani-led MIAL proposes a 33% cut in international departures starting 25 October. Airlines reject the forced shift to Navi Mumbai Airport, citing arbitrary slot cuts, locked-in winter schedules, and lack of consultation.
L&T wins power transmission orders worth up to 15k cr in India, West Asia
L&T's Power Transmission & Distribution (PT&D) business has secured multiple orders in India and overseas to strengthen power transmission infrastructure and facilitate renewable energy evacuation
Regional cinema takes aim at premium screens. Can audiences pay?
Regional films are going premium, with Tamil and Kannada titles testing IMAX and other formats. But limited screens, ticket-price caps and Hollywood competition could test the economics.
Nykaa stock jumps 4% after strong Q2 revenue update; fashion vertical leads growth
By 10.45 AM, traded volume had already reached 81.66 lakh shares worth 277.20 crore, indicating heavy interest from market participants
Indian founder shared a video of his three bedroom Airbnb in Barcelona after the one week stay cost him Rs 3.5 lakh. His walkthrough of the apartment, paired with his comments on cost of living in Europe, sparked a debate online, with several users questioning the comparison he drew with India.

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