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BusinessIndia's foreign exchange reserves declined by $13 billion to $734.6 billion in the week ending October 2. This drop was mainly due to a sharp fall in foreign currency assets and gold reserves. Foreign currency assets, the largest part of the reserves, decreased by $10.7 billion to $604.7 billion during this period.
TOI Business·
PoliticsThe Cockroach Janta Party has announced a mass protest at New Delhi's Jantar Mantar on October 10, 2026. The protest demands the resignation of Chief Election Commissioner Gyanesh Kumar. The call for 'Jantar Mantar 2.0' has led to heightened security measures in the capital ahead of the event.
The Hindu··New Delhi
WorldOn Thursday, a car, an autorickshaw, and a scooter each got stuck in separate potholes along a stretch of Gunjur-Doddakannelli Road in Bengaluru's eastern tech corridor. Recent rains caused water to weaken the road, leading to collapses. The incident, captured on video and widely shared on social media, sparked criticism from commuters and residents demanding urgent repairs. The road connects Gunjur, Doddakannelli, and Carmelaram.
Deccan Herald··Bengaluru
WorldThe Bangalore Water Supply and Sewerage Board (BWSSB) has extended its jurisdiction to all villages in Bengaluru Urban district. Despite the Cauvery Stage V project supplying water to 110 villages since 2007, only 35% of the targeted households have applied for connections. BWSSB expected 300,000 connections but received about 100,000 applications. Reluctance stemmed from preference for borewells until groundwater levels dropped in summer 2024, increasing interest.
Deccan Herald··Bengaluru
TechnologyKempegowda International Airport (KIA) in Bengaluru plans to begin simultaneous departures from both runways early next year. Although initially expected by September 2026, delays in integrating air traffic control equipment and safety verifications have pushed the timeline. Equipment installation is complete, and testing is ongoing. The airport has also started trials of the new Point Merge air traffic management system since September.
Deccan Herald··Bengaluru
PoliticsThe Karnataka government instructed the State Level Bankers’ Committee (SLBC) that the ₹2,000 monthly installment credited to women under the Gruha Lakshmi scheme must not be adjusted against any loans, interest, or dues. Additional Chief Secretary Uma Mahadevan conveyed these guidelines to all banks, prohibiting auto-debit without beneficiaries' consent. This follows directions from Chief Minister D.K. Shivakumar after a representation by MLC Dinesh Gooli Gowda.
The Hindu··Bengaluru
TOI Business·
India's foreign exchange reserves declined by $13 billion to $734.6 billion in the week ending October 2. This drop was mainly due to a sharp fall in foreign currency assets and gold reserves. Foreign currency assets, the largest part of the reserves, decreased by $10.7 billion to $604.7 billion during this period.
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