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Business

Stock Markets Fall as RBI Signals Further Tightening

On October 8, 2026, Indian stock markets opened lower with the BSE Sensex down 264.97 points to 72,408.15 and NSE Nifty falling 87.50 points to 22,507.65. Market sentiment was affected by RBI's indication of continued monetary tightening, rising crude oil prices hitting $102.2 per barrel, and foreign institutional investors selling equities worth ₹6,121.37 crore on October 7. Major laggards included ITC and Adani Ports, while TCS and Infosys gained.

Hindu Business··Mumbai

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Business

India's Transmission Pipeline Adequate for 2035 Renewable Growth

India's transmission infrastructure included about 509,603 circuit kilometers of transmission lines and 1,478 gigavolt-amperes of transformation capacity as of June 2026. According to Mercom India Research's State of Transmission Infrastructure report, the existing pipeline is sufficient to support renewable energy growth through 2035, with execution being the critical factor for success.

Mercom India·

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Politics

Madras HC Upholds FCRA Denial to Kodaikanal Trust Citing Religious Exclusivity

The Madras High Court upheld the Centre's denial of FCRA registration to Kanzeon Public Charitable Trust in Kodaikanal. The court noted Hinduism as inclusive, contrasting it with Abrahamic religions, which it called inherently exclusive. The trust, operating a Zen meditation center and Montessori school, was found to have misrepresented its religious character, being linked to Zen Buddhism and founded by a Christian priest, Rev Fr Ama Samy SJ.

News18··Kodaikanal

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Politics

Gaurav Bhatia Accuses Opposition of Weakening Constitution

Gaurav Bhatia launched a sharp attack on the opposition, accusing them of trying to weaken the Constitution. He described the situation as a battle between two ideologies, highlighting the political conflict and the efforts to undermine constitutional values.

Amar Ujala·

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Technology

PM Modi Highlights India's Digital Growth and 5G Reach at IMC

At the 10th India Mobile Congress held at Yashobhoomi, Delhi, PM Modi praised India's digital transformation, stating that 5G connectivity has reached every district. He highlighted that hundreds of government services are now accessible via mobile phones, and government assistance is directly transferred to beneficiaries' bank accounts linked to their mobiles.

DNA India··New Delhi

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Business

Punjab Energy Development Agency Invites Bids for Solar Projects

The Punjab Energy Development Agency (PEDA) has issued a tender inviting bids to supply, install, and commission grid-connected rooftop and ground-mounted solar power projects. These projects will include net metering and net billing facilities and will be implemented through the Renewable Energy Service Company (RESCO) model to promote solar energy adoption in Punjab.

Mercom India··Punjab

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