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Science/Tech / Business Standard

Musk is not worth pandering to

India has good reason to keep satellite communications under the control of operators subject to Indian laws and security oversight

9 Oct 2026 11:12 pm
Elon Musk targets Ambani over Starlink's entry into India, alleges monopoly

Musk accused Ambani of seeking to protect his monopoly and urged him to allow Starlink to compete, saying satellite internet could improve access to education and markets

9 Oct 2026 11:01 pm
China vows to curb tech investment bubbles, keep AI risks under check

China will curb tech investment bubbles, strengthen core technology breakthroughs and ensure AI remains safe and controllable, holding officials accountable for major losses caused by blind investment

9 Oct 2026 10:48 pm
American Express fined $350 mn for weak anti-money laundering system

The OCC and Federal Reserve fined American Express $350 million over anti-money laundering compliance failures, saying the lender failed to adequately report roughly $13 billion in suspicious activity

9 Oct 2026 10:32 pm
Amid reports of people filing bulk deletion requests, EC puts limits

Amid reports of people filing forms in bulk seeking removal of electors from voters lists, the Election Commission on Friday placed limits on individuals submitting such objections. The EC has prescribed limits on the number of Form 7 applications an individual elector can file to object to the inclusion of names or seek deletion of names from electoral rolls. During the claims and objections period, an individual elector can file a maximum of 10 Form 7 applications throughout the entire period.

9 Oct 2026 10:16 pm
Back to the future: Can Kolkata's iconic trams make a grand comeback?

Could Kolkata's iconic trams, the original electric vehicle, be trundling back after being pushed to extinction?

9 Oct 2026 10:13 pm
Panel seeks NTA overhaul, stronger accountability and tighter exam security

The panel recommends a permanent specialist cadre, compensation for cancelled exams, independent grievance redressal and stronger security, alongside parliamentary oversight.

9 Oct 2026 9:36 pm
IT stocks lead Nifty rebound as benchmark snaps eight-week losing streak

Nifty gains 289 points; Nifty Oil & Gas the lone sectoral index in the red

9 Oct 2026 9:33 pm
No automatic GST refund if earlier claim under appeal, says FinMin

GST refunds under the fast-track route will require officer scrutiny if an earlier refund order is under dispute, potentially delaying working capital relief for businesses

9 Oct 2026 9:31 pm
RBI tightens liquidity after rate rise, raises daily CRR maintenance to 99%

The RBI raised minimum daily CRR maintenance to 99 per cent from October 16 and announced a 25,000 crore bond sale on October 13 to align overnight rates with the repo rate.

9 Oct 2026 9:28 pm
RBI study fills four-month gap in state inflation data using survey inputs

Researchers used household perceptions, expectations and past data to estimate missing state-wise urban inflation, with refined figures closely tracking the all-India series

9 Oct 2026 9:22 pm
Microcredit is business credit, not personal loan: Bandhan Bank CEO Ghosh

Bandhan Group founder Chandra Shekhar Ghosh discusses microcredit, women entrepreneurs and digital lending, stressing relationship-based lending and expansion into insurance and technology

9 Oct 2026 9:17 pm
Coal stock drawdown at power plants more than halves in October: Ministry

Higher coal supplies and rail loading have slowed stock depletion at power plants, but inventories are yet to recover and more stations are in the critical-stock category

9 Oct 2026 9:15 pm
TCS earnings lift IT stocks as demand recovery hopes boost market mood

Better-than-expected Q2 earnings and attractive valuations boost IT stocks, even as AI headwinds and US labour curbs remain concerns

9 Oct 2026 8:27 pm
SC seeks response on Birla Sun Life's plea against service tax on charges

The insurer challenges a CESTAT order upholding service tax on reinstatement charges and a penalty; the Supreme Court has tagged its plea with a similar pending case

9 Oct 2026 8:26 pm
Shriram Finance to raise FD rates by 15-40 basis points from October 11

The revised rates will apply to deposits of up to 10 crore, with 36-60-month deposits earning 7.85 per cent; additional rates for seniors, women and renewals will continue

9 Oct 2026 8:20 pm
Juspay swings to 90 crore FY26 loss amid AI investments, global expansion

The SoftBank-backed payments technology firm's revenue rose 30 per cent to 664 crore in FY26, while investments in AI and international expansion weighed on profitability

9 Oct 2026 8:15 pm
Flipkart draws 6.3 million concurrent users as Big Billion Days sale opens

Nearly one in two visits in Flipkart's opening hour came from Tier 3 towns and beyond, while non-metro customers accounted for about 60 per cent of demand during the sale

9 Oct 2026 8:03 pm
MoD to seek steepest arms buying budget hike in at least a decade for FY28

Defence Secretary Rajesh Kumar Singh says the ministry will seek a 35 per cent increase in FY28 modernisation funding, after fully using allocations and stepping up contracts.

9 Oct 2026 7:57 pm
After cancer drugs, medtech firms seek uniform trade margin cap for devices

Domestic manufacturers want importers' margins included in a uniform trade margin framework for medical devices, with a pilot covering high-volume consumables such as IV sets

9 Oct 2026 7:55 pm
Indian IT firms filed few PERM applications compared with US tech majors

Indian IT firms have sharply reduced PERM filings and expanded local hiring in the US, with analysts expecting a limited industry impact from the programme's suspension

9 Oct 2026 7:53 pm
JM Frictech invests 50 crore in fourth manufacturing plant in Chandigarh

The Chandigarh facility is being commissioned in phases, starting with warehousing and logistics, and is expected to become fully operational over the next six to eight months.

9 Oct 2026 7:50 pm
Chirag Paswan urges Opposition to seek dialogue with CEC over SIR

Chirag Paswan urged Opposition parties to approach CEC Gyanesh Kumar through proper channels over the electoral roll revision, saying dialogue would be more effective than repeated protests.

9 Oct 2026 7:42 pm
Prolonged food inflation risk to microfinance budgets: Muthoot Microfin CEO

Muthoot Microfin plans to launch consumer durable loans and expand digital lending as it targets 30,000 crore in assets under management by 2030

9 Oct 2026 7:38 pm
No monopoly in satcom; firms must meet security norms to operate: Scindia

Scindia says Jio, OneWeb and Starlink have licences, with operations subject to security compliance and spectrum charges, amid Elon Musk's allegations of entry barriers

9 Oct 2026 7:31 pm
Critical minerals stockpile policy likely in a month: Mines secretary

The policy will specify release protocols, including quantities and eligible recipients, as India seeks to reduce import dependence and secure supplies

9 Oct 2026 7:27 pm
Life insurers set for profit gains; general insurers face claims pressure

Retail protection growth and a favourable product mix are expected to support life insurers' Q2FY27 profitability, while higher claims ratios could weigh on general insurers.

9 Oct 2026 7:25 pm
Internet shutdown within 4 kms of Jantar Mantar for 24 hrs from 10 pm Fri

Internet services in the rest of the national capital will remain unaffected

9 Oct 2026 7:13 pm
Marengo Asia Hospitals partners with BAPIO Academy to train AYUSH doctors

Marengo Asia Hospitals and BAPIO Training Academy have partnered to launch two six-month certificate programmes to strengthen AYUSH doctors' clinical skills through structured teaching and supervised

9 Oct 2026 7:13 pm
SPRODE INDIA Introduces RAYLITH Vision Amplification Screen for RGB Laser Projectors, Including JMGO N3 Ultimate

Kolkata (West Bengal) [India], October 9: SPRODE INDIA has introduced RAYLITH, a high-contrast Vision Amplification Screen specially designed for compatible RGB laser projectors, including the JMGO N3 Ultimate. The screen combines multilayer reflective Fresnel optics, a speckle-reduction design and a flexible optical surface with a foldable fixed frame. Its Indian-market MRP is 1,25,000.

9 Oct 2026 7:10 pm
Banks set for healthy Q2 profit growth as FCNR(B) inflows weigh on margins

Bloomberg consensus estimates project banks' Q2FY27 net profit at 1 trillion, up 19.6 per cent year-on-year, while large FCNR(B) deposit inflows are expected to weigh on margins.

9 Oct 2026 6:56 pm
Divine Solitaires Partners with Olocker to Offer Free Jewellery Insurance to Customers

Mumbai (Maharashtra) [India], October 9: A diamond is rarely just a diamond. It's the ring held onto through a proposal remembered a hundred times over, the pendant passed from a mother to a daughter, the gift bought with months of saving for an anniversary that mattered. That same piece, worn out into the world, is also vulnerable to a moment no one plans for, a chain snatched off a crowded street, a home broken into, a robbery that turns a cherished possession into a painful memory. It is with

9 Oct 2026 6:45 pm
RBI should widen LAF corridor to stabilise financial markets: SBI report

The SBI report favours an asymmetric widening of the LAF corridor, faster rate action and a shorter deadline for export proceeds as global uncertainty pressures markets

9 Oct 2026 6:45 pm
September e-way bill generation rises 7.2% to a new record 141.53 million

September e-way bill generation rose 1.75 per cent from August to a record 141.53 million, as the GST Council proposed curbs on routine checks of goods moving by road.

9 Oct 2026 6:44 pm
Indian banks lose market value in Q2, but select lenders gain

HDFC Bank, ICICI Bank and SBI saw their market capitalisation decline in the July-September quarter, while Kotak Mahindra Bank overtook Axis Bank to become the fourth-largest lender by market value

9 Oct 2026 6:34 pm
IND vs WI 2nd T20I live streaming: Where to watch today's cricket match?

India vs West Indies 2nd T20I begins at 7 pm IST on Friday, with the toss at 6:30 pm IST. Fans in India can stream the match on the JioHotstar app and website

9 Oct 2026 6:31 pm
India can attract foreign students as countries tighten entry rules: Joshi

Joshi urges closer university-industry ties as tighter student entry rules abroad offer India an opportunity to attract international students, particularly from the Global South.

9 Oct 2026 6:28 pm
Box office boost lifts multiplex outlook as broadcasters face a weak Q2

Strong box office collections, higher ticket prices and spending per head are set to lift PVR Inox's Q2 results, while broadcasters face weak advertising and margin pressures

9 Oct 2026 6:20 pm
India's forex reserves drop for fourth week, down $12.95 bn to $734.6 bn

Reserves have lost about $51.1 billion from their September 4 peak as the RBI supports the rupee amid higher crude oil prices; foreign currency assets fell $10.7 billion

9 Oct 2026 6:20 pm
HDFC Bank's WTD expansion may set succession template for large banks

The bank's move to increase its whole-time director strength to five could encourage other systemically important lenders and upper-layer NBFCs to build deeper leadership pipelines

9 Oct 2026 6:14 pm
SC asks Centre to regulate train, Metro services ahead of Delhi protests

The Supreme Court says security measures must be proportionate, directs authorities to issue travel advisories and review road closures, and seeks an alternative protest venue

9 Oct 2026 6:04 pm
Cochin Shipyard plans 6,000 crore projects in Vallarpadam and Thoothukudi

CSL plans a steel block fabrication facility at Vallarpadam and is exploring a shipbuilding and repair unit at Thoothukudi, with investments totalling around 6,000 crore

9 Oct 2026 6:02 pm
AI smart mirrors to cyber games: Tech innovations previewed at IMC 2026

India Mobile Congress 2026 featured an offline AI smart mirror, Vodafone Idea's digital readiness assessment for MSMEs, and Fortinet's interactive cyber defence games

9 Oct 2026 5:28 pm
Motorola bets on premium phones as memory costs push up prices in India

Motorola says premium phones account for 50-55% of its India revenue as rising memory costs push up prices, while local manufacturing helps the company manage supply-chain pressures

9 Oct 2026 5:23 pm
IMC 2026: Indian firms showcase AI wearables for India-specific needs

Jio plans AI wearables with Indian language support, Torchit is developing smart glasses for accessibility, and Qualcomm sees payments and education as key opportunities

9 Oct 2026 5:20 pm
Fabience Unveils State-of-the-Art Furniture Mega-Plant in Hyderabad

Hyderabad (Telangana) [India], October 9: Fabience, the Hyderabad-based premium furniture manufacturing brand, today announced a major strategic expansion with plans to set up a new Greenfield plant near Hyderabad, Telangana. Spanning over 1.5 lakh sq. ft., the state-of-the-art facility involves an investment of approximately Rs. 50 crore and is targeted for completion by next year. The project is expected to generate direct employment opportunities for around 100 people, said Mr. Raj Venu Gopal

9 Oct 2026 5:20 pm
Qualcomm bets on smaller AI models as memory costs push up phone prices

Qualcomm expects advanced AI features to reach cheaper smartphones gradually as memory price inflation pushes up costs and smaller AI models become more efficient

9 Oct 2026 5:16 pm
Rural enterprises can build resilience with five Cs, says Rohit Kansal

An IIM study shows monthly incomes of 'lakhpati didi' households rose by 61 per cent in the past year, says Amit Shukla, joint secretary in the rural development ministry.

9 Oct 2026 5:08 pm
UP govt to deploy 1,725 electric buses in 18 cities under GCC model

Private operators will procure and run the buses under 12-year contracts, with government subsidies of 35 lakh to 40 lakh per bus and free land for depots provided

9 Oct 2026 5:04 pm
GST relief on group insurance: Will employees get higher health cover?

GST Council's ITC proposal could cut employers' insurance costs, but better coverage will depend on company and tax rules

9 Oct 2026 5:02 pm