MEASURE
Thousands march in France over schools and living costs as police use tear gas
Protests across France have mobilized students and workers over insufficient funding for education and increasing living expenses. Demonstrators gathered in Paris and other cities, despite significant police presence aimed at controlling unrest. The movement initially focused on high school staff shortages but has expanded nationwide. Authorities banned protests in several locations to prevent potential violence and destruction.
France mobilises thousands of police to curb violence at protests over living costs
France is dealing with nationwide protests due to dissatisfaction with school funding and the cost of living. Authorities mobilised a significant police presence to manage the demonstrations and prevent unrest. Protesters are demanding improvements in education and higher wages in response to their grievances. While some protests were sanctioned, many were banned to maintain order and security.
UPSSSC implements strict anti-cheating measures for Premlinary Eligibility Test 2026 in Uttar Pradesh
The Uttar Pradesh Subordinate Services Selection Commission is preparing for the upcoming Preliminary Eligibility Test scheduled for late October and early November. The District Magistrate, Manish Kumar Verma, announced that 48 exam centers will be established for the event. Students from various districts are expected to arrive at these centers during the exam dates. Security forces will be deployed in large numbers to maintain safety and order.
Immigration to UK from third-world countries, including Pakistan, will end entirely, British MP Rupert Lowe warns
British MP Rupert Lowe has announced plans to end immigration from several developing countries, including Pakistan, Bangladesh, Afghanistan, Somalia and Iran, under his Restore Britain party's proposed policies. Speaking at the party's October 3 conference, Lowe said, “Immigration into Britain from the Third World will end entirely.”
Centre recognises AI needs more regulation: IT Secretary
Referring to a series of cyber incidents whereby AI agents escaping sandboxes and running rogue, Krishnan said many ways by which agents exploit systems is because someone didn't follow cyber hygiene.
RBI alert about AI-driven cyber risks, banks taking steps to plug vulnerabilities: Governor
RBI Governor Sanjay Malhotra highlighted concerns regarding emerging cyber threats from artificial intelligence in banking systems. Measures are being implemented by banks and the RBI to secure IT infrastructure against these risks. The State Bank of India acknowledged potential data exposure, prompting increased vigilance for customer protection. Malhotra expressed confidence in India's robust forex reserves and external sector resilience amid these challenges.
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PHP security vulnerabilities: Indian govt rushes to fix official websites, banks audit apps
Banks have begun auditing applications for weaknesses, taking some non-critical services offline and preparing backups to divert traffic if parts of their websites or mobile applications experience downtime, according to executives.

NASA's 12-foot-wide satellite lost its radio signal in space; scientists still got the data they needed
A sphere launched by NASA in 1961 named Explorer 9 was made to measure how dense the air is above the Earth. Its radio beacon did not work, but scientists tracked the sphere through visual contact and got the desired data. This helped researchers understand how thin air affects satellites in orbit.

CAQM meets with Delhi govt agencies to review dust pollution issues
The Commission for Air Quality Management in Delhi held a meeting to address ongoing dust pollution problems. Agencies were instructed to comply with measures for dust mitigation as pollution levels deteriorated. The Municipal Corporation of Delhi was specifically directed to enhance dust control on roads and open spaces. Stage one of the Graded Response Action Plan has been implemented due to worsening air quality.

Why is the RBI pulling liquidity out of banks and injecting it back again?
Reserve Bank of India has significantly reduced banking system liquidity from a peak surplus in a short time. Liquidity surged after banks received funds from overseas Indians under the FCNR(B) scheme. The central bank utilized reverse repo auctions and cash reserve ratio adjustments to absorb this surplus effectively. As overnight rates increased following these liquidity measures, RBI temporarily infused funds to manage sharp rate rises.

Indian embassy issues safety advisory for citizens in France amid unrest, local curfews
Indian nationals in France are advised by the Embassy in Paris to stay alert and avoid protest areas. Localized curfews have been implemented due to rising unrest linked to protests over living costs. Authorities are deploying additional police forces as new demonstrations are planned. The French government aims to address concerns about education and public services amid the unrest.

Delhi Metro adds extra weekday trips as GRAP-I kicks in from October 22 to combat air pollution
The Delhi Metro will run 20 additional weekday train trips from October 22 after GRAP-I was implemented across Delhi-NCR to tackle worsening air pollution. The DMRC will also intensify dust-control drives at construction sites, inspect nearby roads and strengthen existing pollution-control measures. Delhi's AQI stood at 246 in the poor category, with forecasts indicating that air quality could remain poor in the days ahead.

Delhi’s winter pollution countdown begins: Three new restrictions to be introduced after AQI rises to 179 after Dussehra
Delhi's AQI has risen to 179 ahead of the winter pollution season, with forecasts pointing to poor air quality. The government has announced three key deadlines for new restrictions, including curbs on certain outside-registered vehicles, tighter construction rules and a complete construction and demolition ban from December 10 to January 20.

Bengal steps up Durga Puja immersion security after stampede kills 19; CM Suvendu Adhikari reviews arrangements
Suvendu Adhikari reviewed arrangements for Durga Puja idol immersions at Babughat in Kolkata on Wednesday. The review followed a tragic stampede at a city pandal that resulted in 19 fatalities. Enhanced security measures have been announced to ensure a smooth immersion process on Bijaya Dashami. A total of 18 IPS officers have been assigned to supervise immersions across Kolkata and nearby areas.

Italy's Meloni approves tougher measures to crack down on protests after Milan riots
Italy has announced new security measures in response to violent protests that occurred in Milan. The government is deploying an additional 500 soldiers to bolster security until the year's end. New laws will hold parents financially responsible for damages caused by their children during riots. Police reported over 100 injured officers amid clashes and looting involving around 2,000 youths.

Redesigning six measuring spoons into two foldable tools wins Indian-origin creator Rahul Agarwal $350,000 on Shark Tank USA
Indian designer Rahul Agarwal secured a $350,000 deal on Shark Tank USA for his origami-inspired foldable measuring spoon. His company, Polygons Design, replaces six conventional measuring spoons with two compact tools. Investors Lori Greiner and Mindy Kaling backed the invention, valuing the business at $3.5 million.

PNB cautions customers of AI-led cyberattacks amid surging frauds
Punjab National Bank has alerted its customers about the escalating threat of AI-generated cyberattacks. These advanced phishing techniques employ AI voice cloning to trick individuals into hastily carrying out transactions. The bank strongly encourages customers to stay vigilant, ensuring they verify communications through reliable sources. Emphasizing the need for good digital practices, the bank reminds customers that cybersecurity is a joint effort.

Delhi to ban non-BS-VI vehicles from November 1 as winter pollution plan kicks in
Delhi Chief Minister Rekha Gupta announced vehicle restrictions for BS-VI emission standard non-compliant vehicles starting November 1. The Winter Action Plan will enforce various measures, including restrictions on construction activities and staggered office timings. Residents are urged to support the initiative to improve air quality during the winter months. The government plans to monitor construction sites using AI-enabled cameras linked to a control center.

RBI tightens scrutiny of $1 billion-plus overseas investments amid rupee pressure
The Reserve Bank of India is implementing stricter scrutiny on large overseas direct investments by Indian companies. Banks must now collect and present detailed information regarding these investments to the RBI. This initiative aims to prevent potential losses for both the companies and the Indian economy. The RBI's checklist requires banks to conduct thorough due diligence on the rationale behind each investment.

Seoul vows 'resolute punishment' after North Korea threatens new border measures
South Korea vowed a strong response if North Korea were to strengthen its military posture along the border. The South Korean Defence Ministry expressed concerns over the deployment of tactical strike weapons across the border. The ministry said the country's cross-border broadcasts and warning shots were a legitimate response to North Korean provocations. Analysts said the standoff increased the risk of a military clash.

Yes Bank weighs capital options after AT1 verdict, coupon liability remains uncertain
Yes Bank is recalibrating its capital strategies in response to the Supreme Court’s ruling which reinstated Rs 8,415 crore of AT1 bonds. This ruling may lower the bank’s CET1 capital ratio by approximately 240 basis points, thus influencing its growth initiatives. Management is still reviewing potential payment duties spurred by the verdict.

FSSAI issues notice to Zepto over alleged delivery of expired besan
The Food Safety and Standards Authority of India issued a notice to Zepto regarding a consumer complaint. The complaint involved the delivery of two packs of expired besan. The packages were marked with a use-by date of September 12, 2026. The regulator has requested details about the delivery and affected stock. Zepto must confirm corrective actions and customer notifications to prevent similar issues.

Before anything else, recognise a national tragedy
A tragic stampede occurred during Durga Pujo celebrations in Kolkata, resulting in the deaths of at least 19 people. The chaos reportedly started after an announcement about a pandal collapse triggered a panic rush for a narrow exit. This incident highlights the ongoing issues with crowd management and the lack of safety measures at such events. Authorities need to adopt non-negotiable safety regulations to prevent future tragedies.

Trump puts Russia sanctions bill on hold, cites US national interest; retains power to reinstate measures
US President Donald Trump has waived the application of certain sanctions, restrictions and duties on Russia under the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, according to an executive order issued on Saturday. The order outlines a waiver of specified measures provided for under the legislation.

Aggressive RBI measures hand India bonds a ninth weekly loss
Indian government bonds have experienced ongoing losses for nine consecutive weeks due to RBI's monetary tightening measures. The benchmark 6.94% 2036 bond yield has climbed over 62 basis points during this period, reflecting investor concerns. Additionally, the RBI's commitment to support the rupee and manage liquidity has further dampened bond market sentiment. Market participants are wary of possible future actions regarding bond yields as the RBI addresses financial stability.

Enterprise AI needs measurable gains as adoption grows, say industry leaders
Companies are increasingly adopting AI technology beyond pilot projects and focusing on achieving measurable business outcomes. Leaders emphasise the importance of identifying specific problems and assessing AI's impact on operations. Organisations like Cars24 and TDK Corporation showcase successful AI implementations that enhance efficiency and revenue.

Can RBI’s six forex measures help stabilise the rupee?
The Reserve Bank of India has introduced several measures aimed at stabilizing the value of the rupee. These steps have successfully lifted the rupee's value against the dollar by approximately 150 paise. A new cash reserve requirement affects large foreign exchange derivatives, increasing hedging costs for companies. The central bank has also restricted speculative trading in rupee currency derivatives to help control the market.

Banks seek clarification on implementation of RBI forex measures
Indian lenders have requested clarification from the Reserve Bank of India regarding new currency-supporting measures. They seek guidance on calculating the foreign exchange risk reserve and its impact on liquidity ratios. Additionally, banks are uncertain about cost transmission to customers and how exposure limits are assessed. Clarifications on the treatment of cash reserves and their classification as high-quality liquid assets have also been requested.

RBI measures, intervention spark rupee's sharpest rally in six months
On Monday, the Indian rupee gained about 1% after the Reserve Bank of India announced measures to curb dollar demand. Oil companies' dollar purchases will now be directed away from the spot market, easing pressure on the rupee. This intervention aims to address the mounting balance of payments challenges due to high oil prices. However, analysts remain cautious about the sustainability of the rupee's recovery moving forward.
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