Weekly News Platter
The Economic Times

Weekly News Platter

4 Oct, 2025, 05:36PM IST, PTI
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In case you had a busy week, these are the top stories you need to get caught up to speed...
HCL's Roshni Nadar Malhotra becomes India’s richest woman with Rs 2.84L-cr wealth: Hurun reportHCL's Roshni Nadar Malhotra becomes India’s richest woman with Rs 2.84L-cr wealth: Hurun report
Roshni Nadar Malhotra, Chairperson of HCL Technologies, emerged as India’s richest woman, debuting at third on the M3M Hurun India Rich List 2025 with Rs 2.84 lakh crore. This marks a historic first for a woman in the top three, underscoring the growing influence of tech-driven wealth and women's leadership in Indian industry. Read more
India’s oil market splits as state refiners cut Russian crude & private players ramp up buysIndia’s oil market splits as state refiners cut Russian crude & private players ramp up buys
India's oil market is split, with state-run refiners significantly cutting Russian crude imports in September due to US pressure and narrowing discounts, prioritising supply security. Conversely, private refiners increased sourcing, driven by profit and economical options. This divergence led to an overall decrease in Russian oil imports to India. Read more
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TCS layoffs: Employees voice humiliation and despair as India’s IT giant cuts jobsTCS layoffs: Employees voice humiliation and despair as India’s IT giant cuts jobs
Tata Consultancy Services (TCS) is reportedly trimming its workforce, leading to a wave of forced resignations and terminations. Employees are sharing experiences of intense pressure from HR to quit, causing widespread anxiety and humiliation. Social media posts detail desperate pleas from workers, highlighting the severe personal impact of these sudden job losses. Read more
Reliance set to launch Campa Sure water with regional partnersReliance set to launch Campa Sure water with regional partners
Reliance Consumer Products is launching Campa Sure, a new mass-priced packaged water brand, aiming to disrupt the ₹30,000-crore market. It will partner with regional bottlers and offer prices 20-30% lower than competitors. This aggressive strategy seeks to democratise the category and curb counterfeits, starting with Northern markets. Read more
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Trump gives Hamas Sunday 6 pm deadline to sign peace deal, warns 'all hell' will break outTrump gives Hamas Sunday 6 pm deadline to sign peace deal, warns 'all hell' will break out
US President Donald Trump gave Hamas a deadline for a peace agreement. The group must accept the proposal by Sunday evening. Trump warned of conflict if the deal is not reached. Hamas will discuss the offer internally before responding. Israeli Prime Minister Benjamin Netanyahu supports the plan. The proposal involves Hamas disarming for aid and reconstruction. Read more
Direct flights between India and China to resume by late October 2025Direct flights between India and China to resume by late October 2025
Direct flights between India and China will resume by late October 2025, the Ministry of External Affairs announced. The resumption follows technical-level discussions between civil aviation authorities of both countries and a revised Air Services Agreement. Read more
Putin orders govt to soften trade imbalance with India, praises Modi as 'balanced, wise' leaderPutin orders govt to soften trade imbalance with India, praises Modi as 'balanced, wise' leader
Russian President Vladimir Putin looks forward to his December visit to India. He directed his government to address the trade imbalance with India. Putin emphasized the special nature of Russia-India relations. He lauded Prime Minister Narendra Modi as a balanced and nationally oriented leader. Russia intends to purchase more agricultural products and medicines from India. Read more
Revised Aadhaar charges from October 1, 2025: UIDAI hikes Aadhaar update fees; waives off biometric update fee for these childrenRevised Aadhaar charges from October 1, 2025: UIDAI hikes Aadhaar update fees; waives off biometric update fee for these children
The UIDAI will revise Aadhaar service charges starting October 1, 2025. Fees for various services, including biometric, demographic, and document updates, will increase. Mandatory biometric updates for children aged 7-15 years will be waived until September 30, 2026, to promote timely completion. Read more
Paytm shines as the only Indian name in Morgan Stanley’s global AI adoption leaders listPaytm shines as the only Indian name in Morgan Stanley’s global AI adoption leaders list
Paytm, the sole Indian company, has been named an AI Adoption Leader by Morgan Stanley, recognized for embedding AI across its products. This recognition highlights Paytm's machine-first approach, enhancing risk management and customer experience. With strong pricing power, Paytm is well-positioned to monetize AI adoption, demonstrated by its impressive 136% return in the past year. Read more
RBI proposes four big measures to boost India's banking systemRBI proposes four big measures to boost India's banking system
The RBI proposed significant reforms to bolster India's banking sector, introducing risk-based deposit insurance premiums and an Expected Credit Loss provisioning framework from April 2027. Revised Basel III capital norms will also be implemented, reducing capital requirements for MSMEs and home loans, aligning regulations with global standards. Read more
Oil Ministry invites applications for BPCL top jobOil Ministry invites applications for BPCL top job
The Oil Ministry has invited applications for Bharat Petroleum Corporation Ltd's chairman and managing director post, following the Public Enterprises Selection Board's inability to find a suitable candidate. This marks a recurring trend in the oil sector, where search-cum-selection committees have been formed to fill top roles at IOC, HPCL, and ONGC. Read more
Theatre command: How India is looking to integrate Air Force, Navy and Army operations under a new strategyTheatre command: How India is looking to integrate Air Force, Navy and Army operations under a new strategy
India is actively progressing towards establishing theatre commands to integrate its armed forces for unified operational control, a major reform that was first highlighted by PM Modi in 2019. This initiative, driven by past coordination gaps, involves significant steps like standardising equipment and training. Read more
Maharashtra shops can now stay open 24/7 with one big exceptionMaharashtra shops can now stay open 24/7 with one big exception
Maharashtra now permits most shops and commercial establishments to operate 24/7, excluding alcohol and hookah businesses. This move, based on the 2017 Act, addresses trader complaints and aims to boost late-night demand. A mandatory 24-hour weekly holiday for employees ensures their protection. Read more
Bombay HC dismisses Anil Ambani’s plea against SBI classifying his loan account as fraudBombay HC dismisses Anil Ambani’s plea against SBI classifying his loan account as fraud
The Bombay High Court dismissed Anil Ambani's plea challenging SBI's classification of his and Reliance Communications' loan accounts as "fraud" on June 13, 2025. Ambani argued a lack of natural justice, but the court upheld the re-classification, which followed a previous reversal and a Supreme Court mandate for borrower representation. SBI has significant credit exposure to RCom. Read more
Is the Canada-US border closed, what's the reason? Here are details you need to knowIs the Canada-US border closed, what's the reason? Here are details you need to know
Commercial traffic at the Peace Bridge and Lewiston-Queenston Bridge was made to a standstill Tuesday morning following a Canadian Border Services Agency (CBSA) computer outage that interrupted cargo processing globally. Trucks were immobilized for hours, resulting in backups on I-190 and adjacent on ramps. Read more
New Thar 2025 launched: What's new in Mahindra's off-roader? Check upgraded features, variants, price list & moreNew Thar 2025 launched: What's new in Mahindra's off-roader? Check upgraded features, variants, price list & more
Thar 2025 Facelift Price: Mahindra & Mahindra unveiled the 2025 New Thar, priced from ₹9.99 lakh, featuring a refreshed exterior, upgraded all-black interiors, and smart connectivity. This iconic SUV now offers enhanced comfort with rear AC vents and advanced tech like a 26.03 cm HD infotainment system, blending urban ease with off-road adventure. Read more
Pakistan punishes players like Haris Rauf, Shaheen Afridi for losing Asia Cup to India, imposes ban that could cost them millionsPakistan punishes players like Haris Rauf, Shaheen Afridi for losing Asia Cup to India, imposes ban that could cost them millions
The Pakistan Cricket Board has suspended all No-Objection Certificates for players intending to participate in overseas T20 leagues, following recent Asia Cup defeats against India. This decision, impacting top players like Babar Azam, aims to link future NOCs to a performance-based system, prioritizing national and domestic cricket. The move raises concerns about potential financial losses for athletes. Read more
CEC, ECs to visit Bihar, review poll preparedness on October 4-5CEC, ECs to visit Bihar, review poll preparedness on October 4-5
Chief Election Commissioner Gyanesh Kumar and Election Commissioners Vivek Joshi and S S Sandhu will visit Patna. They will review poll preparedness in Bihar on October 4 and 5. The Bihar Assembly term concludes on November 22. Elections are likely to begin later this month. The EC will meet political parties and state officials. Read more
Pakistan will not remain on world map if it doesn't...: Army chief says India won't show restrain like Operation Sindoor 1.0Pakistan will not remain on world map if it doesn't...: Army chief says India won't show restrain like Operation Sindoor 1.0
Army chief General Upendra Dwivedi issued a strong warning to Pakistan. He stated Pakistan must stop sponsoring terrorism to remain on the world map. India is fully prepared for future conflicts. Restraint shown during Operation Sindoor will not be repeated. The chief urged soldiers to stay ready for action. India presented evidence of terrorist hideouts to the world. Read more
Democracy under attack in India: Rahul Gandhi in ColombiaDemocracy under attack in India: Rahul Gandhi in Colombia
Rahul Gandhi, addressing students in Colombia, criticized the Indian government, alleging an "attack on democracy" and highlighting "structural flaws" hindering the nation's diverse traditions. He also targeted RSS ideology and discussed global economic power shifts. The BJP swiftly condemned his remarks, accusing him of making baseless claims abroad while complaining about lack of freedom of speech in India. Read more

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