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PoliticsPhoto: Times of India

World Bank Projects India's Poverty Rate to Drop to 12.1% by 2028

The World Bank forecasts India's poverty rate, measured at $4.2 a day, will decrease from 14.2% in 2026 to 12.1% by 2028. From 2011 to 2023, poverty fell from 57.7% to 16.1%, lifting 496 million people out of poverty. Extreme poverty dropped from 27.1% to 2.6%. Progress was driven by consumption growth, rising employment, especially among women, and expanded social transfers. Wage disparities remain significant. Finance Minister Nirmala Sitharaman praised the rapid poverty decline under PM Narendra Modi's leadership.

Times of India··New Delhi

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SciencePhoto: News18 Hindi

ISRO Plans Five Major Missions Including Gaganyaan Unmanned Flight

ISRO strengthened India's NavIC system by successfully launching the NVS-03 navigation satellite, bringing the total to four satellites in orbit. Two more satellites are being prepared, and one is awaiting approval to reach the required seven for better navigation services. ISRO plans at least five launches this fiscal year, including the first unmanned mission of Gaganyaan, with three unmanned missions planned before sending humans to space. Over 8,000 tests have been conducted so far.

News18 Hindi·

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BusinessPhoto: ET Markets

Ratnadeep Retail Gets Sebi Nod for Rs 400 Crore IPO

Ratnadeep Retail, a value-fashion retailer based in Hyderabad, has received approval from Sebi to launch an IPO. The issue includes a fresh issue of up to Rs 400 crore and an offer for sale of 1.49 crore shares. The company plans to use part of the funds to repay borrowings and expand its store network across India.

ET Markets··Hyderabad

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SciencePhoto: Deccan Herald

ISRO flew NVS-03 satellite with pyro valves open to ensure mission success

ISRO chief V Narayanan stated that to overcome technical issues and ensure mission reliability, the NVS-03 satellite was operated with three pyro valves open. This decision followed rigorous vibration and shock tests by a national committee led by former ISRO chief Kiran Kumar. The move addressed previous failures seen in the NVS-02 satellite launched in 2025. ISRO plans to launch NVS-04 next, with four satellites now active in India's navigation system.

Deccan Herald··Sriharikota

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BusinessPhoto: HT Entertainment

Tom Hanks' Coffee Brand Supports Hundreds of Military Families

In November 2022, Tom Hanks launched HANX for our troops, a consumer goods company donating 100% of net profits to veteran support organizations. The brand's coffee line, including blends like First Class Joe, has helped hundreds of U.S. military families by September 2026. Hanks, known for military roles, created the brand to provide comfort and aid to veterans and their families.

HT Entertainment·

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PoliticsPhoto: The Hindu

Man Escapes Police Custody Before Coimbatore Central Prison Admission

Raghavan, a 25-year-old convicted of theft in Bengaluru, escaped police custody for the second time in Coimbatore early on October 31, 2026. He was arrested on October 30 and remanded to judicial custody but escaped around 12:40 a.m. by pushing escorting police before entering Coimbatore Central Prison. Police launched an intensive search with drone surveillance and special teams.

The Hindu··Coimbatore

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