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BusinessOn October 5, 2026, the Indian rupee depreciated by 5 paise to close at 96.30 against the US dollar. Elevated oil prices and ongoing foreign fund outflows kept the currency near the critical 96 level. Forex traders noted risk-on sentiment supported the rupee, but attention remains on foreign capital flows and the Reserve Bank of India's upcoming monetary policy decision.
Hindu Business··Mumbai
PoliticsCongress has announced a major campaign against the central government and Election Commission over the SIR process. Leader Jairam Ramesh stated the party will run a special month-long campaign from October 25 to November 25 to restore names removed from voter lists. A mega rally will be held at Ramleela Maidan on November 1, with opposition parties invited. Delhi Chalo marches will start on November 25-26 from six locations.
Amar Ujala··Delhi
HealthDr. Gururaj S Puranik, senior trauma and orthopaedics surgeon at HOSMAT Hospital, explains that joint pain in people in their 30s is rising due to weak muscles that fail to support joints. Prolonged sitting and lack of resistance exercise reduce muscle mass, increasing stress on knees, hips, and spine, causing early pain. Maintaining muscle strength through regular physical activity is crucial to prevent joint issues.
HT Health·
BusinessThe GST Council is considering rationalising its supporting officer committees by merging them into three bodies. This move comes as the nine-year-old Goods and Services Tax regime has stabilised. Sources indicate the Fitment Committee may be wound up as part of this consolidation to streamline the GST Council's structure and improve efficiency.
Business Standard·
BusinessCognizant Technology Solutions Corp. is launching a dedicated business unit to focus on mid-sized companies. This strategic move comes as artificial intelligence (AI) disrupts the traditional large outsourcing contracts that have historically driven growth for major tech services firms worldwide.
Mint Companies·
BusinessWipro, India's fourth-largest IT services company, will announce its audited standalone and consolidated financial results for Q2 and H1 FY27 on October 15 after market hours. The board will meet to approve these results. The company expects IT services revenue between $2.574 billion and $2.627 billion for Q2, with slight sequential growth. Trading window for insiders is closed from September 16 to October 17, 2026.
Mint Markets·
Hindu Business··Mumbai
On October 5, 2026, the Indian rupee depreciated by 5 paise to close at 96.30 against the US dollar. Elevated oil prices and ongoing foreign fund outflows kept the currency near the critical 96 level. Forex traders noted risk-on sentiment supported the rupee, but attention remains on foreign capital flows and the Reserve Bank of India's upcoming monetary policy decision.
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