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INDIA FIRST, WORLD IN VIEW5 SECTIONS · 15 STORIES
01 / Indian politics
01Supreme Court will hear election-chief suspension plea
The Supreme Court agreed to list next week a petition seeking Chief Election Commissioner Gyanesh Kumar’s suspension. The petition alleges decisions were taken without the other commissioners’ approval; these remain allegations, not court findings.
02Court questions steep hospital medicine mark-ups
The Supreme Court questioned a reported tenfold cancer-drug mark-up and asked the Centre to examine hospitals requiring patients to buy from their own pharmacies. It favoured a uniform 16% margin, but that is not a new price cap in force.
The Enforcement Directorate searched 15 addresses in Kolkata and Hooghly, including homes of former minister Indranil Sen, over alleged corruption linked to Durga Puja preview passes. Sen has been summoned; the allegations are under investigation.
01Women’s 4x400m team wins India’s first athletics gold
Kiran, Prachi, Vithya Ramraj and M.R. Poovamma won the women’s 4x400m relay at the Asian Games. It was India’s first athletics gold of this edition, adding a team title after the earlier individual medals.
Neeru Dhanda scored 28 in the final to win India’s first Asian Games women’s trap gold, despite heavy rain. It was also India’s first individual shooting gold at the ongoing Games.
Ankush Panghal beat Uzbekistan’s Fazliddin Erkinboev 4-1 in the men’s 80kg semifinal. Parveen Hooda also reached her final, while Narender Berwal took bronze after losing his heavyweight semifinal.
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03 / Finance & Economics
01Rupee crosses 96 intraday, then recovers
The rupee touched 96.15 per dollar before recovering. Dealers cited RBI dollar sales, easing crude prices and index-rebalancing inflows as reasons for the pullback; month-end dollar demand had added pressure earlier.
CNBC-TV18 reports that the RBI’s new export-import framework takes effect October 1. Exporters generally get nine months rather than 15 to realise proceeds, and service exports gain a formal declaration requirement. Banks can grant extensions with satisfactory reasons.
ITC bought the remaining Sproutlife Foods shares for about ₹645 crore, taking its holding from 47.5% to 100%. The cash transaction made the Yoga Bar maker a wholly owned subsidiary from September 28.
A US official said Russian envoy Kirill Dmitriev held constructive talks in Washington about ending the Ukraine war and possible postwar energy initiatives. The discussions follow recent US meetings with both Russian and Ukrainian leaders.
The UN expressed alarm at reports that a Myanmar military airstrike killed 50 people and wounded dozens in Rakhine state. It said continuing violence means conditions do not exist for safe refugee returns; the casualty figures remain reported.
A draft decree would tighten rules for people seeking asylum in Ceuta after a mass migrant crossing. Some applicants from countries deemed safe would have to appeal from outside the EU; rights groups and legal experts criticise the proposed measures.
01Bharat Housing Network raises $5 million in green bonds
Bharat Housing Network raised $5 million from Symbiotics through green bonds. The money will go through NBFC Singularity Creditworld to finance rooftop solar, electric vehicles and clean-tech lending to small businesses.
Aman Gupta invested through SailThru Ventures in FIG Living, founded by former boAt colleague Sushant Sharma. The investment amount was not disclosed. The brand makes lighting, furniture and tabletop products and plans to expand its reach.
WEH Ventures announced the first close of Fund III, which targets ₹250 crore and plans to back 20 to 25 Indian startups. Eight investments are already committed, with a final close expected by mid-2027. The target is not the amount already raised.