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BusinessPhoto: HT Business

RBI May Hike Repo Rate by 75-100 Basis Points This Cycle

The Reserve Bank of India (RBI) may increase the repo rate by 75-100 basis points in the current tightening cycle, according to an SBI Capital Markets report. Inflation is expected to stay high before easing from the next financial year. The Monetary Policy Committee recently raised the repo rate by 25 basis points and shifted to a "Calibrated Tightening" stance, focusing on inflation control. Inflation is projected to peak in Q3 FY27 and ease thereafter, with policy easing expected in Q1 FY28.

HT Business·

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BusinessPhoto: Economic Times

Air India Extends Riyadh Flight Cancellations Due to Security

Air India and Air India Express have extended cancellations of flights to and from Riyadh amid ongoing security concerns following recent attacks on Saudi Arabian airports. The cancellations affect passengers traveling for work, business, or family visits. Passengers are eligible for full refunds and free booking changes. The airlines have not announced when flights will resume beyond the current cancellation period.

Economic Times··Riyadh

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SportsPhoto: Hindu Sport

Factionalism Hits Boxing Federation of India Again

After Indian boxers won six medals, including three golds, at the Asian Games, factionalism resurfaced in the Boxing Federation of India (BFI). Secretary-general Pramod Kumar moved a no-confidence motion against president Ajay Singh, citing governance collapse. CEO Col. Arun Malik called the move illegal and unconstitutional, stating only the president can call a Special General Meeting. The SGM was initially set for October 24, then revised to October 28.

Hindu Sport·

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WorldPhoto: The Hindu

Airport Employee Files Sexual Harassment Complaint Against Manager

A 26-year-old customer service executive at Kempegowda International Airport filed a sexual harassment complaint against her manager, Ravindra Sheela, at the Airport Police Station. The complaint alleges inappropriate behavior starting September 24, 2026, including an incident on September 30 where the manager threatened to expose her. Police registered a case under cyberstalking and insulting a woman's modesty.

The Hindu··Bengaluru

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PoliticsPhoto: News18 Hindi

Yogi Adityanath and Akhilesh Yadav to Contest from Ayodhya in 2027 UP Elections

Ahead of the 2027 Uttar Pradesh elections, political tensions have escalated in Ayodhya. Samajwadi Party leader Akhilesh Yadav challenged Chief Minister Yogi Adityanath to contest from Ayodhya. In response, Yogi Adityanath accepted the challenge, inviting Yadav to file his nomination, saying, 'Let's try our luck.' A direct electoral battle between the two leaders from Ayodhya is anticipated.

News18 Hindi··Ayodhya

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BusinessPhoto: Hindu Business

AI Data-Centre Boom Raises Costs for India's Power Grid Upgrades

In July, the North Eastern Regional Power Committee held a meeting with grid operators and Power Grid Corporation of India Ltd. to discuss urgent upgrades to the region's electricity grid. The cost to upgrade Supervisory Control and Data Acquisition/Energy Management Systems rose from ₹521 crore to ₹688 crore due to AI-driven demand increasing hardware prices. Rising costs reflect challenges in maintaining legacy power infrastructure.

Hindu Business·

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