The Economic Times

Reserve Bank of India governor Sanjay Malhotra has indicated that regulations on revolving credit by non-banking finance companies are under review. The RBI issued draft norms limiting NBFCs to term loans without revolving credit options. Malhotra said that systemic risks linked to these changes will be thoroughly evaluated before reaching a decision.

Individuals undertaking personal transactions will not have to comply with new foreign exchange trade regulations imposed. The Reserve Bank of India aims to ease compliance burdens related to reporting obligations for personal contracts. RBI Governor Sanjay Malhotra confirmed that routine payments for services and subscriptions are exempt from reporting. Additionally, smaller export transactions of up to 10 lakh may rely on self-declarations.

Spread across more than 400 acres in six metro clusters, the portfolio comprises eight Grade A parks across major gateway cities including Mumbai, Pune, Delhi NCR, Chennai and Kolkata. The operating portfolio is 98% leased and caters to a diversified mix of key logistics and industrial occupiers.

The Reserve Bank of India projects a moderation in bank credit growth from the current 19% level. This expected slowdown results from a recent repo rate increase implemented to manage rising inflation. Despite the decrease, it is anticipated that growth will remain strong enough to support overall economic activity. Lending to sectors like services and industry shows significant year-on-year growth, reflecting resilient demand.

Krasha Financial Services plans to launch a litigation finance platform in India by Q4 FY2026-27. This platform will concentrate on commercial disputes, particularly high-value claims exceeding $10 million. Krasha aims to attract institutional capital by evaluating the merits and recovery potential of claims. The firm is also in discussions for a strategic partnership with a UK legal finance entity.

Aragen Life Sciences has initiated operations at its new high-potency manufacturing platform in Hyderabad. The facility, measuring 15,000 square feet, can produce 500-600 kg of active pharmaceutical ingredients annually. It aims to streamline the transition of highly potent molecules from discovery to commercial supply. The company has invested over Rs 1,000 crore in capital expenditures over three years.

After the Netflix adaptation of John Steinbeck's 'East of Eden,' sales have skyrocketed, seeing a 200% surge. This phenomenon isn't isolated, several other literary works have similarly benefited from screen adaptations. As adaptations hit the screen, the book and audiobook sales consistently thrive, revealing a strong correlation between visual storytelling and literary success.

Ben Afflecks career has taken a fascinating turn as he explores the world of artificial intelligence in the film industry. By founding InterPositive, he aims to equip filmmakers with innovative AI tools, ensuring artists remain in charge of their narratives. Netflixs acquisition of InterPositive for roughly $587 million illustrates the rise of technology in storytelling.

As per a Bengaluru woman, hiring a cook can cost around Rs 7,000 to Rs 8,000 a month for two people. The cook typically prepares simple meals using a pressure cooker, which limits food variety. Despite the high costs, many find value in avoiding daily cooking and planning burdens. Reactions on social media suggest that residents appreciate such assistance, even if the food quality is average.

Landmark Group has raised Rs 330 crore in construction finance from the State Bank of India. This funding is aimed at developing Landmark One, a Grade A+ commercial project in Gurugram. The development boasts spacious floor plates and extensive parking options. Private equity investments in Indian real estate have significantly increased, showing a 23% rise year on year.

IndiGo has announced the initiation of daily non-stop flights connecting Pune and Bhubaneswar from October 25, 2026. The new service aims to support various travel needs for professionals, students, and businesses in both cities. Flights will use Airbus A320 aircraft and feature convenient departure and arrival times. This route adds to the 15 destinations already served by IndiGo from Bhubaneswar.

Olivia Rodrigo showed her support for Jane Doe in the Cornell 7 case in an Instagram Story. Rodrigo said she stood with Doe and called for accountability from Cornell and other institutions. Megyn Kelly later criticized the singer on her YouTube show, telling her to stay out of the case and focus on her music instead.

The liquidity from the foreign currency non-resident deposits is likely to stabilize bank deposit rates temporarily. This situation will allow banks to benefit from higher lending rates associated with floating rate loans. Despite the current surplus liquidity, analysts foresee a shift towards neutrality by the end of December. The Reserve Bank of India emphasizes the importance of proper usage of these deposits for economic stability.

Kalyan Jewellers achieved a consolidated revenue growth of over 26% in the second quarter of FY27. India operations led this growth with a 27% increase and 20% rise in same-store sales. The lifestyle jewellery brand Candere also experienced significant growth, recording a 64% jump. Additionally, Kalyan opened new showrooms and plans to expand its regional brand Akshaya Thanga Maligai during the festive season.

In the emotionally charged season 4 finale of Ted Lasso, titled Being Alive, which aired on October 7, the AFC Richmond community grapples with the loss of Mae Green, deeply affecting Ted and his family. As Ted weighs his future amidst an open managerial position, the dynamics within the club also shift with Rebecca and Zelda's newfound equal shares. The episode concludes with Ted's coaching decision shrouded in uncertainty.

The World Health Organization has sought further information from Russia regarding the death of a laboratory worker. Reports indicate that Darya Shipilova died from pneumonia, with health officials indicating no plague cases among contacts. International concern has escalated, prompting questions about the cause of her illness. Transparency is deemed essential for assessing potential public health risks related to this incident.

India's External Affairs Minister S Jaishankar is visiting Ghana to strengthen bilateral relations and discuss strategic cooperation. He held talks with his Ghanaian counterpart regarding trade, investment, and multilateral cooperation. India plans to support Africa through technology, energy, and capacity building initiatives while enhancing their strategic autonomy. Jaishankar highlighted the importance of supply chain resilience and empowering the continent's youth.

Scores of workers from AAP and other political parties protested for the resignation of Chief Election Commissioner Gyanesh Kumar. The protesters criticized the deletion of millions of voters' names from the electoral rolls in Delhi. Saurabh Bharadwaj emphasized their protest is for constitutional rights, not personal rivalries. Planned protests are set for October 10 at Jantar Mantar regarding these electoral issues.

Famous for his outrageous comedy, witty personality, and magnetic television presence, Kapil Sharma became a household name with popular programmes including Comedy Nights With Kapil and The Kapil Sharma Show. He has additionally appeared in movies like Kis Kis Ko Pyaar Karu. A Siasat.com report estimates his fortune at Rs 300 crore, reflecting his luxurious lifestyle and impressive property portfolio, including homes in Mumbai and Punjab.

The Reserve Bank of India has shifted its policy stance to calibrated tightening amid rising inflation concerns. A rate hike of up to 50 basis points is anticipated in December, increasing the current benchmark rate. Various economists emphasize the likelihood of cumulative rate increases over the next months. Rising commodity prices and global market volatility are influencing these monetary policy decisions.

Yashoda Lodhi, known as English with Dehati Madam, has seen her online following grow after Priyanka Chopra shared her farm video on Instagram. The Uttar Pradesh-based content creator now has more than 583,000 Instagram followers and over 400,000 YouTube followers. Her work has also received attention from Mrunal Thakur, Abhay Deol and R Madhavan.

The World Health Organisation has confirmed that Russian authorities reported no cases of plague in Siberia. A laboratory worker at the Irkutsk Anti-Plague Research Institute recently died from pneumonia. Investigations revealed she had a typical acute respiratory viral infection and not pneumonic plague. Russian officials have completed contact tracing and concluded that the epidemiological situation remains stable. US officials are advising Russia to share more information about the ongoing in

An 80 year old retired ordnance factory manager, his wife and their house help were murdered at their Dehradun home on Tuesday after a plumber got into an argument over payment for repair work he had done. Accused allegedly stabbed all three with a screwdriver before fleeing with a gold chain, and was caught by neighbours soon after.

The Northern Lights forecast looks promising, but seeing the Aurora Borealis is never guaranteed. Much depends on the magnetic orientation of the incoming cloud. It could lead to a sky filled with glowing curtains of light. Or the display could turn out to be much weaker than expected.

Meta's new personal AI assistant Muse now seamlessly operates through WhatsApp and Instagram. Users can easily delegate a variety of tasks to Muse, which works diligently in the background. From monitoring flight prices and curating grocery lists based on selected recipes to handling online purchases, this assistant prioritises user privacy while implementing robust security features.

Fuel marketing losses of state-run oil marketing companies (OMCs) narrowed sharply in the September quarter, helped by lower crude oil prices and the full impact of retail fuel price hikes, according to Emkay Research.

New Delhi's Municipal Corporation is set to enhance mid-day meals for children in its schools. Starting in November, new vendors will introduce diverse and appealing meal options like oat cookies and fruit. The menu will retain popular dishes, with additional variations to encourage healthier eating habits. Nutritional standards, requiring specific calorie and protein intake, will be maintained by regulated food checks.

CM Vijay: Tamil Nadu Chief Minister Joseph Vijay inspected Aavin's Madhavaram dairy complex in Chennai and inaugurated a new Rs 2.23 crore laboratory annex building, at a time when residents are reporting shortages of Aavin milk at retail outlets across the city. The visit comes weeks after the state hiked milk procurement price twice in August, taking it from Rs 38 to Rs 44 a litre.

Union Environment Minister Bhupender Yadav addressed COP31 priorities during the Pre-COP31 meetings in Fiji. He highlighted the need for bridging knowledge gaps and fulfilling climate obligations effectively before upcoming conferences. Yadav conducted bilateral talks with UN officials, focusing on significant climate priorities such as adaptation and climate finance.

CBSE Class 10 and Class 12 board exam date sheet 2027 is expected to be released soon. Students can use the previous examination schedule and CBSEs 2026-27 sample papers to begin preparation while waiting for the final timetable. The 2027 board exams are expected to be held in February and March, with students advised to check dates, timings and instructions carefully once the schedule is released.

RBI rate hike in October monetary policy marks a sharp shift to calibrated tightening, raising the repo rate to 5.5%. RBI Governor Sanjay Malhotra is prioritising inflation risks as crude oil, food prices and inflation expectations rise. Strong FY27 GDP growth at 7.1%, rapid credit growth and tighter liquidity give RBI room to act before supply shocks spread across markets.

India's quick commerce market is projected to grow significantly, reaching USD 90 billion by FY2031. This growth is driven by increased penetration in metro households and user growth in non-metro markets. Monthly transacting users are anticipated to exceed 100 million nationwide during this period. Platforms will need to expand beyond grocery orders and improve models to meet local consumer preferences.

India's battery energy storage system market is expected to reach 236.22 GWh by FY2031-32. The country will require Rs 3.49 trillion in investments for this growth. Significant advancements in BESS deployment were noted between early and mid-2026. The government is providing extensive support through various initiatives and schemes. These measures aim to enhance project viability and stimulate private-sector participation in the energy storage sector.

Drishyam: The Conclusion has been successfully grabbing audiences' attention at the box office since its release on October 2. It has reached impressive milestones in both domestic and international collections. Read on to know when and where to watch the movie online after its theatrical run ends.

Chloe Kim's quote captures her changing outlook on success, noting the pressures that arise from control. She highlighted the importance of personal freedom and nurturing relationships. Following her ADHD diagnosis, Kim discovered newfound clarity that transformed her life. As a two-time Olympic gold medalist and a prominent figure in snowboarding, her story signifies a transition from sheer competition to embracing well-being and self-acceptance.

Dhurandhar: The Revenge is making its much-anticipated debut on television. While the film has previously garnered immense success with a worldwide box office gross of approximately Rs 1,813 crore, fans can expect a revised version with considerable cuts and edits for its TV airing. Read on to know when and where to watch it on TV.