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Ship carrying 23 Indians set on fire after Ukrainian drone attack

A Liberian-flagged tanker carrying 23 Indians was set on fire after a Ukrainian drone attack off Russia's Black Sea coast. A video captured thick black smoke billowing from the ship. Russian authorities said, "Crude oil is burning openly in the waters of the Black Sea." All personnel have been rescued from the fire, which was initially difficult to contain.
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News By: Shalini ojha
09:33 am Wednesday, 07 October 2026

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RBI hikes repo rate for the first time in 4 years

RBI Governor Sanjay Malhotra announced Monetary Policy Committee's (MPC) decision to hike repo rate for the first time in nearly four years. The rate rose by 0.25% to 5.50%, following decisions by other Asian central banks that have already begun tightening their monetary policy. MPC hiked standing deposit facility rate to 5.25% and marginal standing facility rate to 5.75%.
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News By: Ashley Paul
10:08 am Wednesday, 07 October 2026

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What is India's connection to this year's Nobel prize winning discovery in medicine?

JNU Professor Suneel Kateriya has direct connection to 2026 Nobel Prize in Physiology or Medicine, as he was PhD student of Nobel laureate Peter Hegemann. Kateriya helped identify DNA sequences in alga that led to discovery of light-sensitive proteins that became foundation of optogenetics. He co-authored landmark papers that are among foundational studies associated with Nobel-winning work.
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News By: Ankit Tiwari
12:23 pm Wednesday, 07 October 2026

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How will RBI's 1st repo rate hike in 4 years affect loan EMIs and FDs?

RBI's decision to hike repo rate by 25 bps, its first hike in four years, is likely to push up EMIs for borrowers with floating-rate home loans. For a ₹50 lakh loan at 7.5% over 25 years, the EMI could increase by roughly ₹817. Meanwhile, those looking to invest in fixed deposits could get higher interest rates following the hike.
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News By: Mansi Agarwal
10:22 am Wednesday, 07 October 2026

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Indian mathematician Mahesh wins Ramanujan Prize for contributions to algebraic number theory

Indian mathematician Mahesh Kakde, a professor at IISc Bangalore, has been awarded 2026 Ramanujan Prize for Young Mathematicians from Developing Countries for his important contributions to algebraic number theory. The award recognises his fundamental results on noncommutative Iwasawa theory and his outstanding work on Gross-Stark and Brumer-Stark conjectures. Prize carries a $10,000 cash award.
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News By: Dharini Mudgal
02:13 pm Wednesday, 07 October 2026

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How much will EMIs rise on ₹20 lakh, ₹30 lakh & ₹50 lakh home loans after RBI’s repo rate hike?

The RBI’s 25-basis-point repo rate hike to 5.50% could increase EMIs for floating-rate home loans. If banks pass on the full hike, the EMI on a 20-year ₹20 lakh loan at 7.50% could rise from ₹16,112 to ₹16,419. For ₹30 lakh, the EMI could increase from ₹24,168 to ₹24,628, while ₹50 lakh borrowers could pay ₹767 more, at ₹41,047.
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News By: Dharini Mudgal
03:32 pm Wednesday, 07 October 2026

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Winners of 2026 Nobel Prize in Chemistry announced

The 2026 Nobel Prize in Chemistry has been awarded to French chemist Henri B Kagan and Japanese chemist Kenso Soai. They have been awarded the prize "for the discovery of non-linear effects and autocatalysis in asymmetric organic synthesis". A prize money of 12 million Swedish kronor (over ₹11.5 crore) will be shared among the duo.
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News By: Anmol Sharma
03:30 pm Wednesday, 07 October 2026

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Another 5-storey building collapses in Delhi weeks after PG tragedy, several feared trapped

A five-storey building collapsed on Wednesday in Delhi's Seemapuri, and several people are feared trapped under the debris. This comes nearly a month after a five-storey PG building collapsed in Delhi's Satya Niketan, resulting in deaths of seven people. Delhi Police and fire brigade teams have arrived at the spot and rescue operations are currently underway.
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News By: Bhawana Chaudhary
04:52 pm Wednesday, 07 October 2026

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Which asset classes could gain or lose from RBI's rate hike?

Following RBI's rate hike, FD investors could benefit as banks are likely to raise interest rates. Short- and medium-duration debt funds are relatively better placed, as their lower duration limits the impact of rising yields. Rate-sensitive sectors could face increased margin pressure, while gold may lose some appeal as the rate hike increases the opportunity cost of holding the asset.
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News By: Mansi Agarwal
05:00 pm Wednesday, 07 October 2026

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Gold gets cheaper for first time in a week in India

The price of gold fell for the first time after rising for four days in a row in India, as per IBJA data. Gold settled at ₹1,47,767 per 10 grams on Wednesday, ₹706 lower than its closing price on Tuesday. The price of silver, which saw heightened volatility over the past week, also fell by ₹1,954 to ₹2,20,866 per kilogram.
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News By: Bhawana Chaudhary
07:33 pm Wednesday, 07 October 2026

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Musk hits out at Indian 'oligarchs' over Starlink's delay, says 'You can guess who they are'

Elon Musk blamed Indian 'oligarchs' over delay in his company Starlink's India entry. Musk was responding to an X user's claim that India "needs" Starlink as 11,256 of India's listed villages lacked 4G coverage as of May. "Unfortunately, we're being blocked by certain oligarchs in order to maintain monopolistic chokehold on Indian people...You can guess who they are," replied Musk.
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News By: Bhawana Chaudhary
10:00 pm Wednesday, 07 October 2026

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Actor Nana Patekar passes away

Actor Nana Patekar has passed away aged 75 after suffering a severe cardiac arrest, ANI reported. He was found unconscious at his home in Goa and was immediately rushed to a hospital. However, he couldn't be revived despite 45 minutes of continuous CPR. Patekar, a three-time National Film Award winner, is known for films including 'Krantiveer', 'Parinda', 'Tirangaa' and 'Welcome'.
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News By: Anmol Sharma
07:49 am Thursday, 08 October 2026

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PM Modi condoles Nana Patekar's demise, says he was admired for his frank views

PM Narendra Modi expressed his condolences on veteran actor Nana Patekar's death, saying that few actors had the intensity, individuality, and unmistakable presence like him. "He brought remarkable versatility and creativity to every role and gave us characters that will be remembered for generations. He was also admired for his frank and forthright views," PM Modi said.
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News By: Shalini ojha
09:29 am Thursday, 08 October 2026

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Big Billion Days goes live with Apple, Samsung & Garmin smartwatch deals

The Big Billion Days is now live on Flipkart, bringing major discounts on top smartwatches. Check out the Apple Watch SE3 at ₹21,999*, its lowest price before an upcoming increase, the Samsung Galaxy Watch8 from ₹16,999*, and the Garmin Forerunner 965 at just ₹37,499*. Now is the best time to upgrade your smartwatch, Flipkart stated.
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News By: Roshan Gupta
10:08 am Thursday, 08 October 2026

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Govt issues statement as Musk claims Starlink 'blocked by certain oligarchs' in India

The Ministry of Communications called Elon Musk's claim that Starlink is being blocked by "certain oligarchs" baseless. It said India has a fair authorisation framework. "Telecom licences...granted to three Global Mobile Personal Communication by Satellite services based on non-geosynchronous satellite orbit-based satellite communications...to enable...satellite communication services," it added.
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News By: Shalini ojha
10:18 am Thursday, 08 October 2026

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₹10 lakh crore wiped off investor wealth as Sensex tanks 1,000 points

Sensex fell over 1,000 points to 71,567.18 on Thursday, wiping off roughly ₹10 lakh crore in investor wealth as of 1:20 pm. Meanwhile, Nifty also dipped below 22,250. The decline came a day after the RBI increased the repo rate and signalled that more hikes could follow. Rising crude prices and persistent foreign fund outflows also weighed on investor sentiment.
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News By: Mansi Agarwal
01:42 pm Thursday, 08 October 2026

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British Consulate in East Jerusalem has ‘ceased to function’: Israel

Israel said British Consulate in East Jerusalem had “ceased to function”, with 20 British diplomats set to depart, leaving seven in limited roles. Meanwhile, the British Consulate General removed its plaques and renamed the consulate, founded in 1839, as the “UK Mission”. Israel had given Britain 30 days to close it after London sanctioned Israeli settlements in West Bank.
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News By: Aradhana
03:43 pm Thursday, 08 October 2026

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I was beaten, scratched and bitten during Opp'n protest: Delhi policeman

A Delhi Police constable, Ankit Kasana, alleged that he was attacked and bitten by demonstrators during the Opposition's protest near Jantar Mantar. "Thirty to 35 people surrounded me. I was beaten, scratched and bitten...I kept pleading that I was only doing my duty to keep everyone safe," he said. "Somehow, three colleagues rushed in and pulled me out," he added.
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News By: Girish Kumar Anshul
03:57 pm Thursday, 08 October 2026

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Shia LaBeouf and Mia Goth head for divorce after 10 years of marriage

Actress Mia Goth, known for roles in 'Pearl' and 'The Odyssey', filed for divorce from 'Transformers' actor Shia LaBeouf days before their 10th wedding anniversary on October 10. Mia cited "irreconcilable differences" as the reason for the split, according to TMZ. She also asked for primary legal and physical custody of their four-year-old daughter, Isabel.
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News By: Ishita Ranganath
04:13 pm Thursday, 08 October 2026

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Chinstrap penguin population drops 63% in 14 years

Zavodovski Island's chinstrap penguin colony collapsed from 1.09 million to 402,000 between 2011 and 2025, a 63% decline. Rising ocean temperatures are pushing Antarctic krill southward, starving chinstraps near their habitat. Macaroni penguins on the same island are thriving due to a more flexible diet, highlighting climate change's uneven ecological impact.
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News By: Unknown
04:29 pm Thursday, 08 October 2026

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