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Business

US Mortgage Rates Reach 7.49%, Highest in Nearly 3 Years

US mortgage rates have risen to 7.49%, the highest since November 2023, increasing the cost of home loans for Americans. The average rate on a 30-year fixed mortgage rose 19 basis points in the week ending October 2, according to the Mortgage Bankers Association. Rising US Treasury yields and inflation concerns driven by higher oil prices are key factors behind the increase. This rise comes weeks before the November 3 US elections.

HT World·

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Business

Airtel Raises Postpaid Tariffs After Two Years, Industry May Follow

Bharti Airtel Ltd has increased its postpaid plan prices by 3-11% after more than two years without changes. This move signals a potential restart of tariff hikes in India's telecom sector, possibly prompting other providers to raise their charges as well to boost user spending.

Mint Companies·

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Politics

BJD Protests with INDIA Bloc, Skips Odisha Bandh: Patnaik's Strategy

Biju Janata Dal leaders protested against the Chief Election Commissioner in New Delhi but clarified this does not signify an alliance with the opposition INDIA bloc. The party remains neutral, balancing its position between the ruling BJP and rivals. Analysts say BJD aims to manage complex political dynamics to maintain influence in Odisha amid ongoing challenges.

Times of India··New Delhi

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World

IIT Bombay Senate Restores 2015 Exam Malpractice Rules

IIT Bombay's Senate decided to revert to its 2015 rules on examination unfair means, allowing students a fair chance to explain before disciplinary action. This follows a review after a student's death in September. The 2015 rules focused on serious offences like mass copying and impersonation, with punishments based on offence severity, replacing the stricter 2026 rules that imposed automatic suspensions for any malpractice.

Hindustan Times··Mumbai

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Politics

DEFCON 2026 Explores India's Defence Transition

DEFCON 2026 convened military leaders, policymakers, and industry experts to discuss India's defence transition. The event focused on advancing defence self-reliance into technological depth, operational readiness, and enhancing global capability. It aimed to chart a path for India’s future defence strategy and innovation.

Firstpost·

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Politics

Kamal Haasan Urges Election Chief to Meet Opposition MPs Over Vote Integrity

Kamal Haasan, actor and MP, wrote to Chief Election Commissioner Gyanesh Kumar urging him to meet Opposition MPs who protested over alleged 'vote chori' and demanded the Commissioner's removal. Haasan emphasized the importance of restoring public trust in the Election Commission, citing concerns about rushed and erroneous electoral revisions that have strained the integrity of India's voting process.

HT Entertainment·

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