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BusinessPhoto: ET TechMeta Platforms and other leading tech companies saw investor sell-offs after Meta announced plans to issue a new class of shares to raise funds. This move highlights the steep expenses involved in building data centers and infrastructure to support the growing AI industry, impacting major players in the AI trade.
ET Tech·
BusinessPhoto: Deccan HeraldIndia's retail inflation reached 5.54% in September, nearing the Reserve Bank of India's 6% tolerance limit. Food inflation rose to 7.74%, with rural food inflation at 8.06%. Wholesale prices surged 11.39%. Key items like onions, sugar, and sunflower oil saw significant price hikes. Inflation pressures stem from rising crude prices due to West Asia conflict, a weak rupee, and poor monsoon causing drought conditions and higher transport costs.
Deccan Herald·
PoliticsPhoto: DNA IndiaDelhi Police arrested social media influencer Amir Shokeen on Thursday following an FIR over alleged racial harassment of a Tripura youth in a viral video. The case was registered at Sadar Bazar police station under Sections 192, 196, 352, and 353 of the Bharatiya Nyaya Sanhita. Shokeen, known for street comedy on Instagram with 140,000 followers, faces accusations of crossing humor into harassment.
DNA India··Delhi
SportsPhoto: Hindu SportDondapati Mrutyum Jayaram, a promising Indian sprinter from Odisha, died in a road accident near Cuttack on October 21, 2026. Jayaram and fellow athlete Malay Barik were traveling by motorcycle to celebrate Dussehra when they crashed into a road median. Both were declared dead at SCB Medical College and Hospital. Jayaram, originally from Kakinada, Andhra Pradesh, trained in Bhubaneswar and represented India at the Under-20 level.
Hindu Sport··Cuttack
BusinessPhoto: Economic TimesMarket participants and economists anticipate a 25 basis points interest rate increase in both December and February reviews. An additional 25 basis points hike in April is possible if crude oil prices stay above $100. Barclays noted the probability of a December hike has risen, forecasting a terminal rate of 6% for this cycle, which is expected to be shallow.
Economic Times·
PoliticsPhoto: Economic TimesThe Cabinet Secretariat reviewed letters from Election Commissioners Sukhbir Singh Sandhu and Vivek Joshi about Deputy EC Maneesh Garg's unauthorized actions. The letters stated Garg acted without approval and ignored protocols despite repeated warnings. These communications were deemed unofficial and not representing the entire Election Commission, raising concerns over Garg's conduct.
Economic Times·
ET Tech·
Photo: ET TechMeta Platforms and other leading tech companies saw investor sell-offs after Meta announced plans to issue a new class of shares to raise funds. This move highlights the steep expenses involved in building data centers and infrastructure to support the growing AI industry, impacting major players in the AI trade.
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