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BUSINESSOct 7Embraer, Lockheed Martin vie for India’s $10.5B military transport aircraft dealThe Indian government wants one of its biggest military aviation contracts to deepen the country’s local aerospace industrial base.Defense News
BUSINESSOct 7MDR a small fee, will not have major impact on UPI volumes: RBI Governor Malhotra“As of now, we do not see any drop in volumes. And I don’t personally think that a small fee will have a major impact on the volumes,” RBI Governor Sanjay Malhotra saidThe Hindu
BUSINESSOct 7India's Venezuelan oil imports to hit 7-year high this OctoberIndia is set to boost its Venezuelan oil imports this month, with shipments expected to touch about 465,000 barrels a day. This would be the highest level since December 2019.newsbytesapp · india
BUSINESSOct 7Spotify to launch audiobooks in India on November 12Spotify has announced its plan to introduce audiobooks in India starting November 12, 2026.newsbytesapp · india
BUSINESSOct 7India's forex reserves drop for 4th consecutive week to $734.6BIndia's foreign exchange reserves have witnessed a decline for the fourth consecutive week, now standing at $734.6 billion.newsbytesapp · india
BUSINESSOct 7Why is the price of rice rising across the country? | ExplainedThe central government issued an advisory to States asking farmers to shift to short-duration crops or less-water-intensive crops like pulses and millets. In June, Agriculture Minister Shivraj Singh Chouhan said: “Changing crop strategy in rain-fed areas has become the need of the hour”The Hindu
BUSINESSOct 7PVUNL Organises First Ash User Meet to Promote Fly Ash Utilisation by Local MSEsPatratu Vidyut Utpadan Nigam Limited (PVUNL) held its first Ash User Meet for local industries and Micro & Small Enterprises at Patratu to promote productive…psuconnect_in · india
BUSINESSOct 7Over two years after approval, BMRCL invites global firms for Namma Metro Phase-3 Orange Line consultancyThe Phase-3 is expected to alleviate traffic congestion, and will be particularly impactful on heavily congested routes of the Outer Ring Road West, Magadi Road, and other major arterial roads in BengaluruThe Hindu
BUSINESSOct 7USDINR surged despite RBI hikes rates—Is RBI making a policy mistake?The USDINR exchange rate surged despite the Reserve Bank of India hiking rates, raising questions about a potential policy mistake by the RBI. This event highlights concerns regarding India's monetary policy and currency stability.investing_in · india
BUSINESSOct 7Bhoomi puja performed for 30 projects worth ₹4,249 crore at CII regional conference in VisakhapatnamThe projects across four north Andhra districts are expected to create 23,256 direct jobs, according to the investorsThe Hindu
BUSINESSOct 7L&T gets initial nod to build main part of 1,600 MW thermal power plant in JharkhandThe project is being developed by a joint venture of Damodar Valley Corporation and Coal India.The Hindu
BUSINESSOct 7India hikes interest rates for first time in over three years as Iran war fuels inflationThe Reserve Bank of India raised borrowing costs for the first time in over three years on Wednesday, as the Middle East war pushes up prices in Asia's third-biggest economy and weighs on an already fragile rupee.EuroNews [en]
BUSINESSOct 7AgriGold victims asked to produce original bonds for verificationThe original documents will only be examined and need not be surrendered, the CID clarifiesThe Hindu
BUSINESSOct 7Telangana RTC slashes Pushpak Airport bus fares, effective from October 7Telangana RTC has reduced Pushpak Airport bus fares, with the new rates becoming effective on October 7. This change impacts public transportation costs to the airport.The Hindu
BUSINESSOct 7Keralam to join hands with NTPC to set up 2,000-MW battery energy storage system at KayamkulamKeralam also seeks dedicated power plant at meeting between Chief Minister V.D. Satheesan and NTPC officials in New DelhiThe Hindu
BUSINESSOct 7India’s central bank hikes rates for the first time since 2023 as inflation risks buildHSBC and Goldman Sachs expect the RBI to raise interest rates in December as well.CNBC
BUSINESSOct 7After Amul row, Nandini milk parlours to come up in 30 locations outside metro stations and 90 other locations in GBA limitsMilk and paneer are two essential and daily commodities for people. Hence, locating parlours outside parks, metro stations, playgrounds, etc. will help people buy products as and when they need it, says an official of Karnataka Milk FederationThe Hindu
BUSINESSOct 6Manufacturing sentiment improves in Q2In the second quarter of FY27, India's manufacturing sentiment showed improvement as factories raised capacity utilization to 75.5%. According to the Federation of Indian Chambers of Commerce and Industry, firms planned to hire more workers, indicating recovery. The survey noted that most sectors are not facing labor shortages at factories.economictimes_indiatimes · india
BUSINESSOct 6Milk price in Karnataka may go up by ₹8, but only after Legislative Council pollsThe Cabinet is learnt to have discussed the proposal for a revision of fares in State-owned road transport corporationsThe Hindu
BUSINESSOct 6Shree Cement plans ₹6,700 crore investments in A.P.: MinisterThe company plans to expand its operations in Andhra Pradesh, with proposed investments in Kadapa, Palnadu and Anakapalli districts, it is expected to create employment and livelihood opportunities for around 3,000 people, says Industries and Commerce MinisterThe Hindu
BUSINESSOct 6Minister inspects Bheemunipatnam-Narsipatnam road widening worksA minister is inspecting road widening works along the Bheemunipatnam-Narsipatnam route. This suggests ongoing governmental oversight of infrastructure projects.The Hindu
BUSINESSOct 6Karnataka to have dedicated single-window interface to promote international tech partnershipsKarnataka focused on building sustained relationships rather than pursuing individual investment transactions, says Priyank KhargeThe Hindu
BUSINESSOct 6Supplyco granted permission to resume agreements with rice mills, says Keralam MinisterThe decision was taken considering the necessity to commence rice procurement for this year’s Kharif season on timeThe Hindu
BUSINESSOct 6Agri extension expert seeks slashing of GST rates for farm sector to retain farmers in agriculture and ensure food securityAn agricultural expert is advocating for a reduction in GST rates for the farm sector to help retain farmers and ensure food security. This proposal aims to address economic challenges within the agricultural industry.The Hindu
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