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BusinessV2 Retail shares fell over 19% on October 5 following its Q2 FY27 business update. The company reported a 28.4% increase in revenue but experienced lower same-store sales growth. V2 Retail is focusing on expanding its store network in Tier 2 and Tier 3 markets across India to drive future growth.
Mint Markets·
HealthA researcher died in an accident at the anti-plague lab in Irkutsk, Siberia, leading to 200 people being placed under surveillance. Reports mention a broken test tube, but officials have not confirmed any plague infection. Due to the lab accident and quarantine measures, the incident is being referred to as Wuhan Part-2.
Aaj Tak··Irkutsk
SportsMohammed Siraj has time to prove himself before the 2027 Cricket World Cup, but he needs regular playing opportunities and a clear role. The upcoming ODI series will indicate whether the team management considers him a key part of their World Cup plans or prefers new fast bowling options.
Aaj Tak·
TechnologyIndia is approaching an 8% growth rate, driven by structural reforms that have strengthened the economy's resilience to global shocks, said Shaktikanta Das, Principal Secretary-2 to Prime Minister Narendra Modi. India’s real GDP grew 7.8% in Q1 of 2026-27, with average growth slightly above 8% over four quarters. Key reforms include flexible inflation targeting, GST, fiscal consolidation, digital payments, and banking sector changes.
Firstpost·
PoliticsDelhi Police officers deployed at Jantar Mantar during protests against Chief Election Commissioner Gyanesh Kumar did not wear name tags as a deliberate measure to prevent identification and social media targeting. This followed violence during the Cockroach Janta Party march on July 20, where police faced backlash after using force against protesters demanding the resignation of Union Education Minister Dharmendra Pradhan over exam paper leaks.
DNA India··Delhi
SportsAfter leading Team India to a gold medal at the 2026 Asian Games in Aichi-Nagoya, captain Shreyas Iyer and vice-captain Tilak Varma were seen patiently waiting in a regular dinner queue in Japan without any VIP treatment. A viral video by an Indian content creator in Tokyo captured the cricketers blending with the crowd and giving autographs, highlighting their humble attitude despite their victory.
Mint·
Mint Markets·
V2 Retail shares fell over 19% on October 5 following its Q2 FY27 business update. The company reported a 28.4% increase in revenue but experienced lower same-store sales growth. V2 Retail is focusing on expanding its store network in Tier 2 and Tier 3 markets across India to drive future growth.
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