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WorldPhoto: NDTV Business

Zelenskyy Claims Starlink Speed Limits in Ukraine Are Deliberate

Ukrainian President Volodymyr Zelenskyy stated that the speed restrictions on SpaceX's Starlink system for Ukraine's military use appear intentional, not technical. Despite checks in Europe showing normal speeds, the limitations persist in Ukraine, suggesting a planned operation. Zelenskyy also criticized the US decision to waive sanctions on Russia amid ongoing Russian missile attacks on Ukraine's energy infrastructure.

NDTV Business··Kyiv

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EntertainmentPhoto: HT World

Elizabeth Holmes Documentary 'You Can See Everything' Hits $15M at Box Office

The Elizabeth Holmes documentary 'You Can See Everything' earned an impressive $15 million from 855 theaters in North America during its opening weekend. It had over 2,000 sellout showings and marked the biggest opening for a film on fewer than 1,000 screens since 2006. The largely young audience, over 70% under 35, drove its success, making it the biggest nonmusic documentary opening in two decades.

HT World·

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PoliticsPhoto: HT World

Macron Urges Calm After France's Worst Unrest in Years

President Emmanuel Macron called for calm following one of France's worst days of unrest in years, marked by thousands of arrests and widespread looting after protests against high prices and declining public services. Clashes occurred in Paris and Marseille, with riot police intervening. Macron condemned the violence, expressing anger and shame, while acknowledging legitimate grievances of peaceful protesters.

HT World·

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BusinessPhoto: Economic Times

Fairfax Acquires 60.7% Stake in IDBI Bank for ₹52,878 Crore

Fairfax Financial's subsidiary has acquired a 60.7% stake in IDBI Bank for ₹52,878 crore. The new management faces challenges including employee resistance and the need to improve asset quality. Although IDBI Bank shows higher profitability than peers, its gross non-performing asset ratio remains a concern. Success depends on enhancing asset quality while sustaining earnings growth.

Economic Times·

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BusinessPhoto: Deccan Herald

Income Tax Rules for Gifts During Festival Season

During the festival season, gifts such as money or gold may have tax implications under the Income Tax Act, 2025. Gifts from specified relatives like spouses, siblings, parents, and direct ancestors or descendants are exempt from tax without any limit. However, gifts from non-relatives or excluded relatives like cousins are taxable if they exceed Rs 50,000 in a year. Capital gains tax may apply even if the asset is gifted, not sold.

Deccan Herald·

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BusinessPhoto: Deccan Herald

Electric Car Penetration to Double to Over 8% in FY27

Electric vehicle (EV) car penetration in India is expected to double to around 8 to 8.5% in the current financial year from about 4% last year, driven by new model launches and better charging infrastructure. Lakshmi Ram Kumar Subbaraj, Director-Sales at JSW MG Motor India, highlighted initiatives like Battery-as-a-Service and vehicle buyback programs that improve EV ownership viability. EV passenger vehicle sales nearly doubled to 36,108 units in September 2026 compared to 18,559 units in September 2025, according to FADA data.

Deccan Herald··New Delhi

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