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BusinessPhoto: Mint MarketsThe Supreme Court has overturned the 2020 write-off of Yes Bank's AT1 bonds, but the bank is unlikely to pay coupons due this year. Yes Bank is preparing to seek a review of the decision, while bondholders demand clarity on unpaid coupons. The bank also warned its capital ratio could drop by about 250 basis points due to this ruling.
Mint Markets·
SportsPhoto: NDTV CricketSarfaraz Khan has an impressive first-class cricket record with 18 centuries and an average of 70.67, including a recent Ranji Trophy score of 154. Despite this, he struggles to secure regular national team selection. Former India player Wasim Jaffer expressed surprise at Sarfaraz's inconsistent call-ups, highlighting changes in cricket pathways since the Ranji Trophy's prime importance during his playing days.
NDTV Cricket·
TechnologyPhoto: HT TechThe State Bank of India (SBI) reported a significant cyberattack exposing the personal data of 3,897 customers on the dark web. The leaked information includes names, mobile numbers, dates of birth, email addresses, home addresses, and loan records. This incident highlights growing cybersecurity threats amid global AI-driven attacks, while India is also advancing AI governance guidelines to strengthen regulation.
HT Tech·
WorldPhoto: Aaj TakIn Alamapur village of Siwan district, Bihar, a severe explosion occurred in a house after a firecracker caught fire on Friday. The blast was so intense that the front part of the house collapsed onto the road. Four people died in the incident. The explosions continued intermittently for about two hours. Official confirmation of the death toll is awaited.
Aaj Tak··Alamapur
WorldPhoto: Firstpost WorldA drone strike sank a cargo ship in the Black Sea near Romania, killing one crew member and leaving three missing. The ship caught fire and sank about 13 nautical miles east of Constanta. Of the 13 crew, nine were rescued. The crew included 10 Ukrainians and three Azerbaijanis. Romanian President Nicusor Dan blamed Russia for escalating attacks on NATO's eastern flank amid rising regional tensions.
Firstpost World··Constanta
PoliticsPhoto: The HinduTelangana Chief Minister A. Revanth Reddy directed officials to prepare for discussions with Maharashtra regarding the construction of the Tummidihatti Barrage across the Pranahitha river at a full reservoir level of 152 meters. The meeting included cabinet colleagues and focused on building a case to convince Maharashtra, whose CM Devendra Fadnavis indicated talks would begin after October 23. Additional water arrangements from Srisailam for Dindi and Achampet projects were also discussed.
The Hindu··Hyderabad
Mint Markets·
Photo: Mint MarketsThe Supreme Court has overturned the 2020 write-off of Yes Bank's AT1 bonds, but the bank is unlikely to pay coupons due this year. Yes Bank is preparing to seek a review of the decision, while bondholders demand clarity on unpaid coupons. The bank also warned its capital ratio could drop by about 250 basis points due to this ruling.
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