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Wall Street Questions Nvidia's AI Chip Financing Plan

Nvidia's $500-billion financing plan based on its AI chips faces skepticism on Wall Street. Banks and investors doubt the long-term value of Nvidia's advanced chips as collateral, seeking higher guarantees than initially offered. This cautious stance highlights a potential challenge for AI companies relying on chip-backed loans to secure large capital investments, reflecting a mismatch between Nvidia's optimism and investor caution.

ET Tech·

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Politics

Protest Against CEC Gyanesh Kumar at Jantar Mantar, Delhi Metro Stations Closed

On October 2, a protest against Chief Election Commissioner Gyanesh Kumar is planned at Jantar Mantar, New Delhi. In response, Delhi Metro has closed entry and exit at 11 stations including Janpath, Patel Chowk, and Central Secretariat until further notice. Around 5,000 police and paramilitary personnel have been deployed, with barricades set up to manage an expected crowd of 3,000 to 4,000 protesters. The protest is organized by the All India Students Association, MP Manoj Jha, and others.

Prabhat Khabar··New Delhi

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World

Delhi Revises Rules for Opening New Private Schools

Delhi has revised the rules for opening new private schools. The Lieutenant Governor has approved the updated guidelines, which include that the administrator will decide the need and public interest for a new school. Additionally, an essentiality certificate for the institution's land is now mandatory under the new regulations.

News18 Hindi··Delhi

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World

Crowd Celebrates Captain Smit Machchhar's Bravery in Mumbai

A large crowd gathered outside Captain Smit Machchhar's Mumbai home to honor his bravery after he saved over 170 passengers by stopping his co-pilot's attempt to crash a Flydubai flight. Despite being stabbed during the mid-air attack, Machchhar maintained control. Supporters waved tri-colors, chanted slogans, and called for national honors like the Shaurya Chakra or Bharat Ratna for him.

News18··Mumbai

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Politics

Delhi Police Imposes Section 163, Bans Slogans at Jantar Mantar Protest

On October 2, 2026, student groups including AISA, SFI, and DYFI plan a protest at Delhi's Jantar Mantar demanding Chief Election Commissioner Gyanesh Kumar's resignation over Election Commission issues. Delhi Police imposed Section 163 and banned slogans, dharnas, and speeches. Despite no permission, around 1,500 protesters are expected to participate, highlighting concerns over electoral roll handling and the Special Intensive Revision exercise.

News18··Delhi

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Politics

Vasai Lawyers Support Cockroach Janata Party, Offer Free Legal Aid

The Vasai Lawyers Association in Palghar district, Maharashtra, has expressed support for the Cockroach Janata Party (CJP). The association promised free legal assistance to CJP members if they face alleged repression or legal cases. Spokesperson Digambar Desai emphasized upholding democratic values and readiness to defend those facing oppression. This comes ahead of a CJP protest at Mumbai's Shivaji Park demanding the resignation of Chief Election Commissioner Gyanesh Kumar.

Amar Ujala··Vasai

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