The Economic Times

On Sunday evening, Sukhchain Singh, an ASI with Punjab Police, was shot at while returning home. The assailants fired from a motorcycle and fled the scene immediately after the attack. Singh sustained a bullet injury to his arm and was taken to a local hospital for treatment. Police officials have initiated an investigation into the shooting incident, which raises concerns over law enforcement safety.

A Vigilance and Anti-Corruption Bureau investigation has been ordered regarding the allegations against Chief Election Commissioner Gyanesh Kumar. These allegations date back to his tenure as the Public Works Department secretary in 2006. The probe will specifically examine irregularities in awarding public works contracts and the death of Malaysian engineer Lee See Been. Previously, an inquiry into these matters was reportedly stalled due to external influences.

Indias housing construction pipeline nearly doubled to $430 billion in 2025 from $235 billion in 2019, reflecting strong post-pandemic demand, according to a CREDAI-Anarock report. Residential projects accounted for 85% of total real estate under construction, while the broader pipeline across residential and commercial segments reached $503 billion in 2025.

He was once the very epitome of the Indian success story. Meet Professor Nitin Gupta, who once left India to pursue a PhD in bioinformatics at the University of California, San Diego, and spent years at the National Institutes of Health in the USA before giving it all up and returning to India. Today, he is an associate professor at IIT Kanpur.

The Indian Super League has secured JSW MG Motor India as title sponsor for the 2026-27 season, ending a three-season gap without a title partner. The league will be renamed the MG Indian Super League as it begins a club-led commercial era, with 13 teams returning to a full home-and-away format.

Indias satellite internet sector is on the cusp of commercial launches as key players seek the last stages of approval. Companies like Starlink, OneWeb, and Reliance Jio have secured GMPCS licenses but still await spectrum allocations and regulatory nods. OneWeb is set to launch immediately after receiving the missing spectrum, while Jio envisions a robust satellite network for the future.

MLB will bring Indian cricket stars Suryakumar Yadav, Shardul Thakur, Jitesh Sharma and Kashvee Gautam together with former baseball champions and elite softball athletes for MLBx: Mumbai on October 24. The first MLBx event in India will feature a 3-on-3 competition representing four iconic MLB franchises, alongside music and entertainment.

India has expanded and diversified its energy system as its economy grows, with the country focusing on improving access, increasing renewable capacity and strengthening energy security.

Rain is expected in various regions of India on Saturday, including Kerala, Karnataka, and parts of the northeast. Delhi is likely to experience dry conditions, with increased rainfall anticipated from October 6-7. Weather alerts indicate thunderstorms and gusty winds in southern areas, while isolated rain will affect states like Odisha and Jharkhand. Central India, including Maharashtra, will see some rainfall, but no heavy warnings have been issued.

Nike Inc plans to open a new campus in Bengaluru by FY28 to strengthen its operations in India. This campus will be crucial for supporting Nike, Jordan, and Converse brands. The decision is part of Nike's broader strategy to enhance global growth and manufacturing capabilities. The location of the campus will be disclosed next calendar year.

Piyush Goyal said India does not have structural excess manufacturing capacity in sectors identified by the G20, arguing that Indian production caters to both domestic and global demand. Speaking at the G20 Trade Ministers' Meeting in the US, Goyal also stressed WTO rules, supply-chain diversification, forced labour concerns and the need to preserve policy space for developing economies.

India vs Brazil: Brazil coach Carlo Ancelotti said Brazil have full respect for India ahead of their Kolkata clash, describing the match as an opportunity rather than a test. The five-time Champions League-winning manager said Brazil are blending youth and experience while rebuilding after their 2026 World Cup disappointment. Ancelotti stressed commitment, quality and joy as Brazil's identity.

India's tourism industry could face a shortage of around 11 million workers by 2035 as demand for trained professionals struggles to keep pace with expanding hotels and emerging tourism segments, according to a CBRE Research report. The report highlighted gaps in specialised skills, worker retention and training capacity, particularly in tier-II and tier-III cities.

Suzuki Motor has requested Indian suppliers to implement a maintenance break for one day each week. This strategy aims to improve quality and prevent unscheduled production stoppages as output is expanded. Suppliers must sign declarations confirming that production lines will not operate continuously seven days a week. Amid rising demand in the domestic market, the company plans to boost car production to meet future targets.

India's Commerce Minister Piyush Goyal is actively engaged in negotiations for several trade agreements at the G20 meeting. Talks with the US include an interim pact and finalizing issues for a broader agreement. Discussions with Canada aim to conclude a Comprehensive Economic Partnership Agreement by the end of 2026. Existing trade agreements with the UK and Australia are also under review for their implementation and effectiveness.

Lovlina Borgohain claimed India's first Asian Games women's boxing gold in 12 years by defeating Ziyi Bao. She won the 75kg final by a 5-0 unanimous decision, upgrading her previous silver medal. The victory marks her as the second Indian woman to win gold after MC Mary Kom. Indian boxers secured a total of six medals in Aichi-Nagoya, showing improved performance.

Five equity mutual funds delivered annualised SIP returns of up to 24.6% over 10 years. The funds span small-cap, mid-cap and ELSS categories, highlighting strong historical performance while underscoring the importance of risk, goals and investment horizon.

The stage is set for a thrilling clash as India faces Pakistan in the men's cricket gold medal match at the Asian Games on October 3, 2026. Taking place at Korogi Sports Park in Nisshin, Japan, this match promises high stakes following India's semi-final victory over Sri Lanka by 124 runs and Pakistan's six-wicket win against Bangladesh. Catch every moment through live coverage on Sony Sports Network and SonyLIV.

A new Tibetan historical drama, Four Rivers Six Ranges, is bringing renewed attention to Tibets resistance movement and the exile communitys efforts to preserve its history. The film, shot partly in Nepals Mustang region, follows fighters who aided the Dalai Lamas 1959 escape and arrives as Tibets political future faces uncertainty over the Dalai Lamas succession and evolving India-China ties.

Gauri Jauhar emphasizes the importance of energy resilience for India's future energy security and storage policies. An integrated framework for storage across various energy sources is essential for long-term stability. India's refining sector plays a crucial role in managing crude import dependence and generating foreign exchange earnings. The transition to clean energy and green hydrogen will occur gradually while India remains an attractive destination for energy investments.

Gandhi, Shastri Jayanti: President Murmu, VP Radhakrishnan pay tribute at Raj Ghat, Vijay Ghat

Vladimir Putin highlighted significant potential for economic collaboration with India, particularly in transport and shipping corridors. He expressed readiness for joint maritime initiatives following successful pilot voyages with China and South Korea. Putin praised Prime Minister Narendra Modi's efforts towards resolving the Ukraine conflict through dialogue and mutual understanding. Meanwhile, discussions about alternative trade routes to the Indian Ocean are gaining traction to mitigate reg

Asian Games 2026 Medal Tally: India climbed to seventh place in the Asian Games 2026 medal tally after winning its 11th gold medal on Friday. The Indian womens recurve archery team made history by defeating South Korea in the final to secure a maiden gold in the event. Indias tally now stands at 67 medals, including 11 gold, 23 silver and 33 bronze.

India's economic growth is projected to slow to 5.5-6% in the second half of 2026-27. This slowdown follows a robust growth of 7-7.5% in the first half of the financial year. Combined capital expenditure growth is expected to moderate significantly from 13.2% to around 4% in the latter months. Additionally, the central government's capital expenditure growth will weaken due to a declining fiscal position.

Happy Gandhi Jayanti 2026: Gandhi Jayanti, observed on October 2, highlights the transformative teachings of Mahatma Gandhi centered around truth and non-violence. This day invites everyone to engage in acts of kindness, compassion, and unity. It's an opportunity to reflect on how even the smallest gestures can create meaningful change. Gandhi's lasting influence continues to motivate individuals across generations to uphold these essential principles in their lives.

Indian stock markets will remain closed on October 2 for Gandhi Jayanti, with trading resuming next week. MCX and NCDEX will also remain shut. The market holiday comes after the Sensex and Nifty extended losses on Thursday, weighed down by rising bond yields, elevated crude prices and broad-based selling pressure.

India's women's recurve archery team secured its first Asian Games gold by defeating South Korea in the final. The Indian team included Ankita Bhakat, Kirti Sharma, and Kumkum Mohod, showcasing exceptional skill during the match. After the first two sets ended in a tie, India took the lead in the third set. The final set also ended in a tie, confirming Indias victory.

On October 2, 2026, India will observe Gandhi Jayanti as a national holiday, affecting all banks. Public and private sector banks will be closed, including cooperative and regional rural banks. Customers should plan their transactions accordingly, as physical bank branches will not operate on this day. However, essential services like online banking and ATMs will continue to function normally.

India aims to secure medals in various sports during Day 13 of the Asian Games. The Indian women's hockey team competes against China for the gold medal at 3:30 pm IST. Several boxers will fight for gold, including Lovlina Borgohain and Parveen in their respective finals. Archery events will feature India facing China and Japan in semifinals today.

Canada and India are targeting an increase in bilateral trade, aspiring to reach USD 70 billion in five years. Ongoing negotiations for a Comprehensive Economic Partnership Agreement are expected to conclude soon. Recently, the fifth round of negotiations is planned to take place in Ottawa on October 5. Both nations have emphasized the importance of collaboration in energy and critical minerals for economic growth.

Petrol and diesel sales increased in September by 7.2% and 4.9% year-on-year, respectively. The rise in petrol consumption was supported by higher vehicle sales during the month. Meanwhile, diesel demand was boosted due to below-normal monsoon rainfall and increased economic activity. Aviation turbine fuel sales experienced flat growth, indicating subdued air traffic. LPG consumption fell by 9% as disruptions from the war impacted supplies.

An Indian man who has lived in Australia for 10 years has shared a humorous comparison of public holidays in Australia and India. Aditya Khaneja pointed to holidays linked to sporting events, horse racing and fairs in Australia, contrasting them with Indias religious and national occasions. His take on weekend holiday rules also drew attention online.

Congress leader Rahul Gandhi questioned the Election Commission over changes to online Form 6, asking who ordered Tata Consultancy Services to implement them and who approved them at TCS. Gandhi also asked whether the company was pressured. Congress leader Jairam Ramesh separately alleged the changes were aimed at removing Gen Z voters.

Tata Consultancy Services has entered a multiyear agreement to acquire Best Buy's global capability centre located in India. While the financial aspects and employee count remain private, this move aims to transform the centre into an AI-driven engine, optimizing operations and AI integration. The collaboration seeks to synchronize Best Buy's requirements with TCS's technological and retail know-how, potentially establishing a valuable framework for the retail sector as well.

Weekend demand at city hotels in India is improving, driven by rising staycations and increased domestic travel. Occupancy levels have significantly increased in 2026, with Mumbai and New Delhi recording substantial gains. Major hotel chains like Radisson and Ibis report favorable trends in occupancy rates and average daily rates. This shift in consumer behavior marks a notable change in the hospitality landscape post-Covid-19.

Indias power consumption rose 11.3% year-on-year to 162 billion units in September, driven by cooling and irrigation demand amid a deficit monsoon. Peak power demand met touched a record 269 GW. NTPC generation rose 12.5%, while Coal India increased production 9.2% and total fuel supplies 12.5%.

Gandhi Jayanti 2026 wishes: Celebrate October 2 with these 50 messages for Instagram and WhatsApp. The collection features 25 Instagram captions and 25 WhatsApp wishes centred on peace, truth, non-violence, kindness and compassion, offering ready-to-share messages for Mahatma Gandhis birth anniversary.

Swiss President Guy Parmelin is set to arrive in New Delhi next week to celebrate the first anniversary of a pivotal trade agreement. This marks his second visit to India this year, aiming to bolster investments. Parmelin's agenda includes discussions with Prime Minister Narendra Modi about forging technological collaborations and exploring new avenues for cooperation.

Ahimsa, as conceptualized by Mohandas Karamchand Gandhi, shifts power dynamics away from violence to legitimacy. Non-violent resistance complicates the ruling entities' ability to maintain social order without perceived respectability. While Gandhi's methods achieved varied results, they expanded the strategies available to political movements. The effectiveness of ahimsa extends beyond mere philosophy to practical applications in modern governance.

Dani Rodrik highlights the relationship between ending poverty, boosting the global middle class, and addressing climate change. He emphasizes the importance of transitioning from manufacturing to services in the global economy. As digital technologies evolve, they enhance productivity in services and create equitable opportunities. The decline of the middle class threatens democracy, leading to political instability in many countries.

India and Pakistan have been drawn in the same group for the upcoming 2027 Cricket World Cup. Their match is scheduled for October 10 at The Wanderers in Johannesburg. India will also face Australia in their pool in a repeat of the 2023 final, opening the second stage. Co-hosts South Africa are in Group B, competing against England and New Zealand, among others.

Embraer and Mahindra are considering establishing a final assembly line for the C-390 Millennium in Nagpur, India. This project is dependent on the selection of the aircraft for the Indian Air Force's Medium Transport Aircraft programme. The proposed facility would involve assembly, system integration, and development of a local supply chain. Embraer anticipates that India will place an order for 60 to 80 aircraft in the future.

The Indian hockey team advanced to the Asian Games final in a thrilling semifinal match against Pakistan. After leading with a solid 3-0 score, tensions rose when Pakistan managed to draw level. Harmanpreet Singh highlighted the significance of staying composed during intense moments. The squad recognized the urgent need to strengthen their defensive strategies, especially when facing tough challenges, as they gear up for the impending final matchup.

Banks will be closed across India on October 2, 2026, as branches observe Gandhi Jayanti, including SBI and banks in the public, private, foreign and cooperative sectors. While customers will not have access to in-person branch services on the national holiday, digital facilities such as UPI, NEFT, RTGS, mobile and internet banking are expected to continue, with ATMs also available.

In a heartwarming social media post, Chris Hemsworth proudly celebrated as his daughter India clinched victory in a boys-only bull-riding competition. The touching footage shows a joyous Chris cheering for Indias remarkable achievement. He expressed the meaningful choice behind her name, drawing from his fond memories in India. Presently, Chris is dedicated to nurturing his children in Australia, shielding them from the glitz of Hollywood.