RBI panel recommends 11.2% hike in WMA limit for states to ₹67,839 crore

The Hindu Business Line - Sep 29, 2026

The proposed revision follows an analysis of states’ fiscal parameters, with revenue receipts identified as a more appropriate basis for calculation

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BlueStone opens 3,200 sq ft Kolkata flagship, its first concept store
Sep 29, 2026
BlueStone opens 3,200 sq ft Kolkata flagship, its first concept store

The new format targets consumers who wear jewellery as personal expression rather than for traditional occasions

Karnataka notifies new road grid for Bengaluru outskirts to support planned growth
Sep 29, 2026
Karnataka notifies new road grid for Bengaluru outskirts to support planned growth

The government said the network will connect key administrative centres, highways and ring roads while allowing land corridors to remain vacant

Bears lay siege to D-Street; Nifty snaps below 23,000 on crude shock and Iran standoff
Sep 29, 2026
Bears lay siege to D-Street; Nifty snaps below 23,000 on crude shock and Iran standoff

Nifty 50 closed at 22,780.25, down 360 points or 1.56% and Sensex settled at 72,771.72, shedding 1,124 points or 1.52%

Maharashtra to absorb former Agniveers in police, state forces without fresh exams
Sep 29, 2026
Maharashtra to absorb former Agniveers in police, state forces without fresh exams

The first batch of Agniveers is completing its four-year tenure, with the state also considering additional posts if vacancies are insufficient

What trap? US-China relations show conflict is far from inevitable
Sep 29, 2026
What trap? US-China relations show conflict is far from inevitable

For a decade, foreign policy circles have treated war between the United States and China as something close to destiny. The theory has a fancy, fashionable name borrowed from ancient Greece: the “Thucydides Trap” – the idea that a rising power and an established one are fated to collide, the way two articulated lorries merging into a single lane rarely ends well. The term is widely used in commentaries on US-China relations. Frictions get written off as “inevitable” regardless of what actually...

US and China need shared risk vocabulary to manage AI threats: Beijing-linked think tank
Sep 29, 2026
US and China need shared risk vocabulary to manage AI threats: Beijing-linked think tank

Beijing and Washington should first develop a common language around AI risks rather than seek to resolve their broader technology rivalry, a leading Chinese think tank has advised. The call from the China Institutes of Contemporary International Relations (CICIR), affiliated with the Ministry of State Security, comes days after Chinese President Xi Jinping and US President Donald Trump agreed to formalise a new AI dialogue mechanism during their summit in Washington, their second such meeting...

West Bengal may replace student mobile phone grants with education tablets
Sep 29, 2026
West Bengal may replace student mobile phone grants with education tablets

Adhikari raised concerns over students’ mobile phone use while launching the Sarathi scheme for distributing bicycles to students in Howrah

ABSLAMC launches industry’s first BSE Total Market Index Fund, NFO opens September 30
Sep 29, 2026
ABSLAMC launches industry’s first BSE Total Market Index Fund, NFO opens September 30

The fund will track the BSE Total Market Index, giving investors exposure to approximately 93% of India’s total market capitalisation across large, mid, small and micro-cap segments

Broker’s Call: Home First Finance (Add)
Sep 29, 2026
Broker’s Call: Home First Finance (Add)

InCred Equities

Bihar: BPSC gets zero applications for 218 polytechnic faculty posts
Sep 29, 2026
Bihar: BPSC gets zero applications for 218 polytechnic faculty posts

The Commission said the vacancies covered several engineering disciplines, with the related requisitions subsequently returned to the State department

Broker’s Call: Ellenbarrie Industrial Gases (Buy)
Sep 29, 2026
Broker’s Call: Ellenbarrie Industrial Gases (Buy)

We maintain Buy as we expect EIGL to deliver revenue/EBITDA/PAT CAGR of about 32%/33%/30% over FY26-29E driven by: a 23% CAGR in merchant volume on account of strong capacity expansion

Naidu, Kalyan launch ₹11,085-crore works under Palle Panduga 3.0
Sep 29, 2026
Naidu, Kalyan launch ₹11,085-crore works under Palle Panduga 3.0

Under Palle Panduga 3.0 (village festival), roads will be laid, mini gokulams (cattle sheds) constructed, and plantation works taken up, among other activities

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