Business Finance

RBI Rate Hike Expectations Rise Ahead of MPC Meet

By BPN News Desk October 3, 2026

The Reserve Bank of India’s Monetary Policy Committee is set to meet from October 5 to 7 amid growing expectations that persistent inflation pressures, elevated energy costs and strong domestic growth could prompt a modest increase in the repo rate. RBI Repo Rate Hike Expectations Rise The repo rate currently stands at 5.25%, where the […]

Business Markets

FPIs Pull ₹35,860 Crore From Indian Equities

By BPN News Desk October 3, 2026

Foreign Portfolio Investors turned net sellers in September, withdrawing ₹35,860 crore from Indian equities as elevated crude oil prices, rising US bond yields and wider global uncertainty weighed on investor sentiment. FPIs Pull ₹35,860 Crore From Indian Equities The September outflow marked a sharp reversal after foreign investors had collectively invested around ₹49,830

Business Finance

SBI Says Vijay Mallya Still Owes ₹8,752 Crore

By BPN News Desk October 3, 2026

A State Bank of India-led consortium has told the Bombay High Court that fugitive businessman Vijay Mallya still owes nearly ₹8,752 crore, despite lenders having recovered more than ₹10,270 crore through asset sales and other recovery proceedings. SBI-Led Banks Claim ₹8,752 Crore Still Recoverable According to the lenders’ affidavit, ₹8,751.86 crore remained recoverable

Cricket Sports

Sammy Says India Tour Tests West Indies ODI Level

By BPN News Desk October 3, 2026

West Indies head coach Daren Sammy believes the ongoing India tour has provided a valuable measure of where his team stands in ODI cricket, particularly with qualification for the 2027 World Cup becoming increasingly important. Sammy Calls India Tour a Key ODI Test West Indies have already lost the three-match ODI series after defeats in […]

International

Saudi Arabia Plans Offensive to Retake Bab el-Mandeb

By BPN News Desk October 3, 2026

Saudi Arabia is preparing a major military offensive against the Iran-backed Houthis in Yemen, with plans focused on retaking the Bab el-Mandeb strait and restoring security along one of the world’s most important shipping routes. Saudi Arabia Plans Offensive Against Houthis The operation could be launched within weeks and is expected to rely primarily on […]

International

G7 Agrees 100 Million Barrel Fuel Reserve Release

By BPN News Desk October 3, 2026

G7 countries have agreed to release 100 million barrels of diesel and crude oil from emergency reserves after pressure from the United States, as governments move to contain soaring fuel prices and supply disruption caused by the Iran war. G7 Agrees 100 Million Barrel Emergency Release The coordinated release will be implemented through the International […]

International

Five Indians Rescued After Hormuz Tanker Strike

By BPN News Desk October 3, 2026

Five Indian nationals have been safely rescued and brought ashore after a Kuwait-flagged oil tanker was struck by an unidentified projectile while transiting the Strait of Hormuz, amid continuing maritime security concerns in the region. Five Indians Rescued From MT Kazimah III The Indian nationals were serving aboard the Kuwait-flagged tanker MT Kazimah III when […]

North India State News

J&K Clears Retirement Age Hike for Judicial Officers

By BPN News Desk October 3, 2026

The Jammu and Kashmir government has cleared a proposal to raise the retirement age of judicial officers from 60 to 62 years, with the change proposed to take effect retrospectively from March 2026. J&K Judicial Officers’ Retirement Age Raised The proposal was approved by the Cabinet headed by Chief Minister Omar Abdullah, who also holds […]

State News West India

Gujarat Gets Presidential Nod for Uniform Civil Code

By BPN News Desk October 3, 2026

Gujarat has become the second state after Uttarakhand to receive Presidential assent for a Uniform Civil Code, clearing the way for a common legal framework governing marriage, divorce, succession, inheritance and live-in relationships. Gujarat Uniform Civil Code Gets Presidential Assent The Gujarat Uniform Civil Code Bill, passed by the state Assembly in March 2026, has

North India State News

Supreme Court Names Judge to Resolve 30-Year NOIDA Flat Row

By BPN News Desk October 3, 2026

The Supreme Court has appointed former Allahabad High Court judge Justice Sudhir Kumar Saxena to independently verify genuine claimants in a three-decade-old NOIDA housing dispute involving the Kendriya Karamchari Sehkari GN Samiti. Supreme Court Appoints Judge in NOIDA Housing Dispute A bench led by Chief Justice Surya Kant constituted a one-member high-powered committee