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Business

RBI Governor Says AI Stock Correction Could Benefit India Amid Market Risks

RBI Governor Sanjay Malhotra stated that a global correction in AI-related stock valuations might benefit India by attracting international capital. While Indian markets have seen a controlled pullback from recent highs, the global AI investment cycle has supported markets worldwide. However, Malhotra warned that a slowdown in AI investments could cause sharp asset repricing and increase systemic financial risks, including overvalued AI stocks and other vulnerabilities.

Mint Markets··New Delhi

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Business

Tata Steel Issues Final Notice Over P&M Mall Lease Dues

Tata Steel has issued a final notice to P&M Mall management in Jamshedpur demanding payment of ₹2.23 crore in outstanding lease rent and 25% road cess from 2008-09 to 2014-15. The company has given 15 days to clear dues, warning of sub-lease cancellation and repossession of land if unpaid. The notice cites Jharkhand government approval and lease agreement terms.

Prabhat Khabar··Jamshedpur

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Sports

India Wins 9 Medals on Super Saturday at Asian Games 2026

At the Asian Games 2026 in Aichi Nagoya, Japan, India had a spectacular final day, winning 9 medals including 5 gold, 2 silver, and 2 bronze. This brought India's total medal count to 85 (21 gold, 27 silver, 37 bronze), placing them fourth overall. Notable winners included Kumkum Mohod in archery and Pranavi Sharath Urs in golf. Some events remain on Sunday, which may affect the final tally.

Aaj Tak··Nagoya

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Politics

India Criticizes Pakistan's Civilian Governments at UN Assembly

At the UN General Assembly, India strongly rejected Pakistan's comments on Jammu and Kashmir. India accused Pakistan's civilian governments of operating under the control of the military, describing them as serving "at the mercy" of the army. This was India's response to Islamabad's remarks during the session on Friday.

Times of India·

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Politics

Haryana-NCR Petrol Pumps to Deny Fuel Without Valid PUC from Oct 1

Starting October 1, petrol pumps in Haryana-NCR will verify Pollution Under Control (PUC) certificates before refuelling vehicles. Vehicles without valid PUC certificates will be denied fuel as per the Centre's air pollution control measures. The Haryana transport department directed petrol stations to use ANPR cameras to check PUC status, with manual verification until full ANPR installation.

Hindustan Times·

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World

Man Dies After Relief Packet Falls on Head in Bihar's Saran

Anil Kumar Singh died after a relief packet dropped from a helicopter struck his head in Saran, Bihar. His son, Avinash Pratap Singh, said the helicopter was distributing relief materials in bulk when one packet hit his father's head and another his chest. Saran is among six districts affected by flooding from the Gandak River.

The Hindu··Saran

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