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The domestic currency has been under pressure for much of this year, especially since the beginning of the West Asia conflict in late February, resulting in a spike in crude oil prices, which poses a direct challenge to an oil-importing country like India.

Driven by festive season demand and rapid expansion into non-metro regions, Indias quick commerce market is projected to skyrocket from $13 billion in FY2026 to $90 billion by FY2031.

YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Heres the roundup for Wednesday, October 7, 2026.

The Reserve Bank has been exploring tokenised forms of money through the e-rupee and wholesale applications of central bank digital currency.

Speaking at India Mobile Congress 2026, SpaceXs Starlink Business Operations Vice President Lauren Dreyer said the company has made an investment in setting up the required infrastructure to serve the Indian market.

The six-member Monetary Policy Committee voted unanimously to raise the repo rate, the first such increase since Governor Sanjay Malhotra took office in December 2024.

Quanfluence will use the new capital to build a full-stack photonic quantum computer, targeting early processors by 2027 and scalable machines by 2029.

The fresh capital will support Sunfoxs next phase of growth, including deeper expansion across India, development of its global go- to-market capabilities, scale-up and research and development.

Hyderabad-based byteXL said the fresh capital will help expand its college network, strengthen AI-led learning tools and reach 500,000 engineering students across 15 states.

The SME Growth Fund will undertake direct equity investments in small and medium enterprises.

The partnership will focus on voice AI safety framework, assisting people with speaking disabilities and usage in government services.

The Big Billion Days sale will have 150 million products on offer and 60% increase in number of sellers.

This is second time since April this year that IndiGo has increased the fuel surcharge

The SME Growth Fund will undertake direct equity investments in small and medium enterprises.

The IPO will be a combination of fresh issue of shares and offer for sale.

The presence of large technical workforce, strong IT industry, and digital public infrastructure has put India in the top 10 bracket for AI readiness.

SELUTION SLR wins historic US FDA nod for instent restenosis The US Food and Drug Administration has approved the SELUTION SLR (Sustained Limus Release) Drug-Eluting Balloon for coronary in-stent restenosis (ISR), Cordis announced this month. This is the first and only sirolimus drug-eluting b

Champions of Care by Vantara brings together over 50 organisations to support around two million community animals across India every year.

YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Tuesday, October 6, 2026. Social media and children remains a top concern on its harmful effect as fresh developments emerge from the world of cricket, YourStory brings you todays headl

Indias insurtech sector is shifting from growth at all costs to sustainable scale, as investors demand clearer paths to profitability. The next phase will favour businesses that combine technology with trust, strong servicing and disciplined distribution.

The Bengaluru-based kitchen appliances brand will use the funding on R&D, its product portfolio, and a new manufacturing plant.