Rupee Falls 7 Paise to 95.22 Against US Dollar in Early Trade
The rupee came under pressure from foreign fund outflows, elevated crude oil prices and a stronger dollar ahead of the US Federal Reserve’s policy decision, extending its losses for a fourth session.

IRCON Challenges Rs 72.41 Crore GST Notice in Uttarakhand High Court
The infrastructure PSU has challenged a tax notice over alleged wrongful availment of input tax credit, with the court directing both sides to file their responses within the prescribed timelines.

Power Grid Marks 37th Raising Day, Highlights Transmission Network Strength
Power Grid celebrated its 37th Raising Day with a cultural event in Gurugram, highlighting its transmission infrastructure of over 187,576 circuit kilometres and system availability above 99.81%.

DAC Clears Defence Acquisition Proposals Worth Rs 2.12 Lakh Crore
The Defence Acquisition Council has approved proposals for the Army, Navy, and Air Force, with around 82% of the procurements to be sourced from Indian industry.

Rathin Mitra Recommended for WCL Director (Personnel) Post
PESB has recommended Rathin Mitra for the top personnel role at Western Coalfields Limited after interviewing 12 candidates on 27 October, 2026.

IEEFA Flags Risks in Indian Oil’s Plan to Triple Petrochemical Capacity by 2030
A new IEEFA report warns that Indian Oil’s expansion plans face global oversupply, weak demand and shrinking margins, and calls for a more measured approach focused on essential chemicals.

Anup Bagchi Takes Charge as HDFC Bank MD and CEO
Anup Bagchi assumed charge as HDFC Bank’s Managing Director and CEO on 27 October, 2026, succeeding Sashidhar Jagdishan, whose tenure ended a day earlier.

DPIIT Eases Compliance and Boosts FDI to Record High Amid Comprehensive Regulatory Reforms
The Department for Promotion of Industry and Internal Trade has reported major progress in easing business regulations, reducing nearly 48,000 compliance requirements and driving foreign direct investment to a record $94.53 billion in FY 2025-26. The reforms span startup ecosystems, labor laws, and digital single-window approvals to enhance transparency and investment in India.

Piyush Goyal Holds Business Talks in Netherlands to Expand India-EU Trade
The Commerce Minister met Dutch government leaders, parliamentarians and business executives on 26 October, with discussions focusing on investment, market access and opportunities under the India-EU Free Trade Agreement.

Sectors
Rathin Mitra Recommended for WCL Director (Personnel) Post
PESB has recommended Rathin Mitra for the top personnel role at Western Coalfields Limited after interviewing 12 candidates on 27 October, 2026.

IRCON Challenges Rs 72.41 Crore GST Notice in Uttarakhand High Court
The infrastructure PSU has challenged a tax notice over alleged wrongful availment of input tax credit, with the court directing both sides to file their responses within the prescribed timelines.

Power Grid Marks 37th Raising Day, Highlights Transmission Network Strength
Power Grid celebrated its 37th Raising Day with a cultural event in Gurugram, highlighting its transmission infrastructure of over 187,576 circuit kilometres and system availability above 99.81%.

ECL Workers Trapped at Kumardihi Mine in Bengal After Pulley Failure
Several ECL workers were trapped 50 metres underground at Kumardihi A Colliery in West Bengal after a pulley malfunction halted the lifting cage, prompting rescue operations under administrative supervision.

Government & Policy
DPIIT Eases Compliance and Boosts FDI to Record High Amid Comprehensive Regulatory Reforms
The Department for Promotion of Industry and Internal Trade has reported major progress in easing business regulations, reducing nearly 48,000 compliance requirements and driving foreign direct investment to a record $94.53 billion in FY 2025-26. The reforms span startup ecosystems, labor laws, and digital single-window approvals to enhance transparency and investment in India.

India Creates 11 Crore Farmer IDs, Achieves Target Five Months Ahead of Deadline
The milestone under the Digital Agriculture Mission is aimed at simplifying access to farm loans, crop insurance, MSP procurement, and government welfare schemes. More than 6 crore farmers have already received benefits through the Farmer ID-based system.

A Srija (IES) Appointed Joint Secretary in Cabinet Secretariat
The 1996-batch Indian Economic Service officer will take charge on or after November 15, 2026, for a tenure of five years.

Agriculture Ministry Launches Upgraded Portal to Help Farmers Access Schemes on Mobile Phones
The portal brings schemes, subsidies, and agricultural information under one platform, reducing the need for farmers to visit government offices

States News
DMRC Wins Award of Excellence for Innovation and Smart Mobility Solutions
Delhi Metro Rail Corporation received the Award of Excellence at the 19th Urban Mobility India Conference and Expo, recognising its innovations in smart mobility, digital ticketing and predictive maintenance.

Jitendra Singh Inaugurates Air Pollution Analysis Facility for Delhi-NCR
The AATAL facility will track pollution sources, analyse toxic particles, and work with AIRWISE to provide localised air-quality forecasts for pollution-control agencies.

Odisha Targets Chemical and Petrochemical Hub Status Beyond Mining: CM Majhi
The state has received investment proposals worth over Rs 22.50 lakh crore, with more than Rs 12.50 lakh crore approved by the HLCA.

Delhi to Spend Rs 170 Crore on Infrastructure Projects in Nine Industrial Areas
The projects include 15 km of roads and 34 km of drainage networks to improve connectivity and address waterlogging

Companies
Aditya Birla Real Estate Appoints Jayanti Bansal as Independent Director
Aditya Birla Real Estate has appointed former SBI Deputy Managing Director Jayanti Bansal as an Independent Director for five years, effective December 6, 2026, subject to stakeholder approvals.

LTTS Signs Five-Year Agreement with Nokia to Strengthen Engineering and R&D in India
L&T Technology Services has signed a five-year agreement with Nokia to support engineering and R&D programmes, establishing a dedicated Offshore Development Centre in India for telecom innovation.

C-DAC, Bank of India Sign MoU to Explore Quantum Technology in Banking
The partnership will focus on quantum-safe security, AI, blockchain and pilot projects for financial services.

ICAR-CIRCOT Transfers Cotton-Picking Gloves Technology to Trust ARS Rubber
The technology is designed to protect cotton harvesters from hand injuries caused by sharp cotton bracts while allowing repeated use in field conditions.

Market
Rupee Falls 7 Paise to 95.22 Against US Dollar in Early Trade
The rupee came under pressure from foreign fund outflows, elevated crude oil prices and a stronger dollar ahead of the US Federal Reserve’s policy decision, extending its losses for a fourth session.

India’s CSR Spending Reaches Rs 40,794 Crore, but Funding Gaps Persist
India’s CSR spending grew at a 15% annual rate over the past decade, but funding remains concentrated in established sectors and lower-need states, according to a new report by Sattva Consulting and India Data Insights.

Rupee Falls 5 Paise to 94.98 Against US Dollar in Early Trade
The rupee came under pressure from rising crude oil prices and tensions in the Middle East, while a weaker US dollar limited its losses.

Rupee Gains 3 Paise to 94.78 Against US Dollar in Early Trade
The domestic currency remained under pressure from rising crude oil prices, a stronger dollar and foreign investor outflows.

