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BusinessThe Reserve Bank of India has tightened regulations on rupee-linked foreign exchange derivatives. It now restricts rebooking of cancelled contracts and lowers the threshold for transactions without underlying exposure from $100 million to $5 million. Additional checks for hedging activities are mandated, and a 20% cash reserve requirement is introduced for certain transactions to enhance risk management.
ET Markets·
PoliticsDuring protests against the Chief Election Commissioner at Delhi's Jantar Mantar, several CJP activists were detained by police in Ahmedabad. The Western Railway canceled the Swarn Jayanti Rajdhani Express. Delhi Police also took CJP leaders into custody upon their arrival by plane, intensifying the crackdown on the protestors.
Amar Ujala··Ahmedabad
TechnologyROSATOM and IIT Bombay have launched Atomic Hack India 2026, a national challenge focused on grid protection for a 220 kV transmission line integrating nuclear and renewable energy. The event includes online qualifiers in October and a 48-hour finale at IIT Bombay in December, aiming to address energy grid challenges.
ET Energy Power··Mumbai
SportsSanju Samson admitted taking the blame on himself after scoring 82 runs off 41 balls against West Indies in Ranchi. Previously, he struggled on tours of Ireland and England and faced competition from Vaibhav Sooryavanshi. His strong performance in Ranchi was a response to critics and marked a significant comeback.
NDTV Cricket··Ranchi
PoliticsChief Justice of India Surya Kant has formed a committee led by Supreme Court judge Justice KV Viswanathan to address the mental and physical well-being of judicial officers nationwide. The panel includes medical experts and aims to support officers facing heavy caseloads, long hours, complex decisions, and emotional challenges. This initiative coincides with World Mental Health Day and seeks to strengthen the justice system's sustainability.
Hindustan Times·
PoliticsIn Delhi, 19 individuals including Cockroach Janta Party leaders Dipke and Rathee were detained in a security crackdown. Detentions occurred at homes and an airport shortly after arrivals. The arrests happened before a planned protest at Jantar Mantar demanding the resignation of Election Commissioner Gyanesh Kumar.
Economic Times··Delhi
ET Markets·
The Reserve Bank of India has tightened regulations on rupee-linked foreign exchange derivatives. It now restricts rebooking of cancelled contracts and lowers the threshold for transactions without underlying exposure from $100 million to $5 million. Additional checks for hedging activities are mandated, and a 20% cash reserve requirement is introduced for certain transactions to enhance risk management.
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