IPO: JIO PLATFORMS LIMITED
NEWS & VIEWS|||SARASIJ|||17-10-2026
SATURDAY| VOL—IV/2026/OCTOBER
OPINIONATED, FOR FREE CIRCULATION.
ॐ सर्वमंगल माङ्गल्ये शिवे सर्वार्थ साधिके।
शरण्ये त्र्यम्बके गौरी नारायणि नमोऽस्तु
ते॥
एष स-चन्दन-पुष्प-बिल्व-पत्राञ्जलिः भगवत्यै
दुर्गायै नमः॥
MAHASAPTAMI
PUSHPANJALI MANTRA.
INDIA:
(GOI, SWARAJYA, VISHWAMITRA, HINDU POST, INDIA TODAY).
The Union Cabinet has approved the continuation of the
National Social Assistance Programme for five years, from 2026-27 to 2030-31,
with an outlay of 53 thousand 428 crore rupees.
The Ministry of Home Affairs notified the Census (Amendment)
Rules, 2026 under the Census Act, 1948. The amendment widens the pool of
eligible enumerators to include teachers of government, local authority, aided
and unaided private institutions, besides clerks and officials of Central and
State Governments, PSUs, banks, and statutory bodies.
The 6th National Steering Committee of PM-SETU (Pradhan
Mantri Skilling and Employability Transformation through Upgraded ITIs)
approved investment plans worth about ₹1,194 crore for five ITI clusters across
Maharashtra, Odisha, and Jammu and Kashmir. Cumulative approvals under the
scheme have crossed ₹3,687 crore.
Chief Minister Rekha Gupta on Friday laid the foundation
stones for four projects to improve infrastructure at agricultural markets
across the Capital at an event at Azadpur market.
The Telangana state government has constituted the Core
Urban Region Economy (CURE) apex governance council with the Chief Minister as
Chairperson and the municipal administration and urban development (MA&UD)
principal secretary or special chief secretary is convener.
Cargo movement on India's inland waterways rose from 29
million metric tons (MMT) in 2014-15 to 218 MMT in 2025-26, a CAGR of 20.13%,
the Ports, Shipping and Waterways Ministry said. This surpasses the 200 MMT
target under Maritime India Vision 2030; India has 111 National Waterways
spanning 20,187 km.
The locality of Kasari-Masari in Prayagraj, once the
stronghold of local gangster-politician Atiq Ahmed, has been renamed Sri
Krishnapuri. Uttar Pradesh Chief Minister Yogi Adityanath announced the
renaming of the area during his visit to the city on Thursday. The chief
minister also laid the foundation stone of a housing colony for 1,200 poor
families that will come up on the seized land of Atiq Ahmed.
The BJP-led National Democratic Alliance (NDA) holds a
commanding edge in Uttar Pradesh with nearly two-thirds of the people saying
they will vote for the ruling government, The survey, released on Friday, said
that nearly 66.6% of the respondents would vote for BJP if the elections were
held today.
Telangana Chief Minister A. Revanth Reddy on Friday invited
Hyundai Motors to set up a car manufacturing facility in Hyderabad, assuring
the company of the state government's full support.
The Department of Consumer Affairs is expanding the
distribution of buffer onions under the Price Stabilization Fund (PSF), with
the first-ever Kanda Express movement to Agartala, Tripura. The Ministry said
that the consignment, carrying approximately 440 metric tons (MT) of onions, is
expected to reach Agartala by 18th of this month.
The Agricultural and Processed Food Products Export
Development Authority (APEDA) facilitated Export of 1.755 MT of Organic Palmyra
Jaggery Powder from Tamil Nadu to Bulgaria. The consignment of National
Programme for Organic Production and EU-certified organic Palmyra Jaggery
Powder was dispatched yesterday from Erode district of Tamil Nadu to Varna,
Bulgaria.
The Chennai Corporation held an online awareness program on
breast cancer titled “Pink Pulse 2026”. Medical officers, nurses, healthcare workers,
and Anganwadi workers across all 15 zones of the Greater Chennai Corporation
and members of the public attended the event online and in person.
Lieutenant Governor of Ladakh Vinai Kumar Saxena has
announced the creation of Sankoo District, fulfilling a long-pending demand of
the people of the region.
Mizoram CM Lalduhoma launches 4 digital financial management
initiatives to enhance transparency & accountability.
The center has assured Punjab that the state would face no
shortage of electricity and coal supplies.
BENGAL
FILES:
Durga Puja Festivities & Economic Surge: The grand Durga
Puja celebrations are in full swing across the state with over 57,500 pandals
organized, including 3,300 in Kolkata alone. Economic assessments show the
massive festival is serving as a multi-sectoral economic powerhouse,
contributing between ₹46,000 crore to ₹50,000 crore—roughly 3% of West Bengal's
GDP.
Amit Shah's Festive & Political Visit: Union Home
Minister Amit Shah arrived in Kolkata late evening to begin a multi-day visit.
While culturally centered on touring iconic pandals like Belur Math,
Shobhabazar Rajbari, and Sreebhumi Sporting Club, the tour holds significant
political weight amidst ongoing rivalries between the ruling BJP and other
parties.
Bankers Demand Saptami Holiday: The All-India Bank Officers'
Confederation (AIBOC) has formally urged the West Bengal government to declare
a state-wide bank holiday.
Tensions escalated after a division bench of the Calcutta
High Court issued a stay order on a single-bench decision that previously
allowed the CPI(M) to erect temporary bookstalls outside Durga Puja pandals. I agree with the BAN. The bookstalls were ‘LEFT
PROPAGANDA IN DISGUISE’, piggybacking on religious festival which their
doctrine considers ‘DRUG’.
The Election Commission of India (ECI) has officially
summoned the rival factions of the All India Trinamool Congress (AITC) for a
decisive hearing on October 30.
*LEGAL
REPORT*
The Supreme Court held that a person converting to Islam
cannot claim Backward Class (Muslim) reservation merely based on pre-conversion
caste status. A Bench of Justices Prashant Kumar Mishra and Shree
Chandrashekhar upheld the Madras High Court's quashing of Tamil Nadu's 2024
G.O., ruling that benefits under Article 16(4) cannot be claimed on antecedent
membership alone.
Bench of CJI Surya Kant and Justice Joy Malya Bagchi sought
the Centre's response on a plea for uniform safeguards for all forms of talaq
under Muslim personal law. The plea challenges Section 2 of the Muslim Personal
Law (Shariat) Application Act, 1937 insofar as it recognizes Talaq-e-Hasan, and
has been tagged with a pending petition.
An FIR was registered against former Uttarakhand Chief
Minister Harish Rawat along with 30 other Congress leaders in connection with
the party’s protest on the appointment of Dushyant Gautam as Sikkim Governor.
The Gauhati High Court on Friday, October 16, granted bail
to suspended Assam Police DSP Sandipon Garg in connection with the death of
singer Zubeen Garg.
WORLD: (REUTER, AP, AFP, BLOOMBERG, CNN, WP)
EAM S. Jaishankar will host UAE Foreign Minister Sheikh
Abdullah bin Zayed Al Nahyan in Mumbai on 19-20 October and hold talks with US
Secretary of State Marco Rubio there on 20 October, the MEA said. Jaishankar Will Also Be Guest Of Honor At The
Celebration Of The 250th Anniversary Of US Independence.
India will carry out the first rollover of the ₹3,000 crore
currency swap with the Maldives from 23 October, at Male's request. The
facility falls under the RBI's SAARC currency swap framework; the agreement was
signed during President Mohamed Muizzu's state visit to India in October 2024.
The Central Government has notified amendments to the
India-Mauritius Double Taxation Avoidance Agreement, introducing a principal
purpose test to prevent the misuse of treaty provisions for tax avoidance and
evasion. Under the revised agreement, tax treaty benefits may be denied if
obtaining such benefits is found to be one of the principal purposes of a
transaction or arrangement.
China released a draft plan proposing export curbs on 14
technologies in artificial intelligence, biotechnology and solar photovoltaics,
and listing 26 more for fresh restrictions. China's earlier rare-earth curbs
had disrupted global supply chains, including in India and the US.
NEPAL
NEWS:
• Cross-Border Energy Trade: Minister for Energy, Water
Resources and Irrigation Biraj Bhakta Shrestha formally issued a Letter of
Intent (LOI) to private companies, granting in-principle consent to prepare for
cross-border electricity trade for the first time.
• Chobhar Substation Construction: The 132/11 kV Chobhar
substation in Kirtipur Municipality-6 has reached its final construction stage,
with the Nepal Electricity Authority (NEA) planning to charge and operate its
power transformers immediately after Dashain.
• Disaster Media Warnings: Authorities in Kathmandu raised
alarms regarding the widespread sharing of graphic disaster and flash-flood
photos and videos on social media, noting negative mental health impacts on
children and adolescents.
Here is a news report covering recent flash floods and
disaster updates in Nepal:
Nepal flood death toll rises to 675, more than 2,400 missing.
CHABAHAR
PORT SECURITY SITUATION:
The security situation surrounding Chabahar Port and the
wider Sistan and Baluchistan province remains highly volatile, marked by a dual
threat of regional geopolitical strikes and a sharp escalation in domestic
insurgent activity.
Despite the localized fighting and the destruction of nearby
facilities, India's $120 million investment in the region remains secure:
• High-resolution satellite imagery verifies that the Shahid
Beheshti Terminal, which is operated externally by India, sustained no damage
and remains fully intact.
• However, operational efficiency at the Indian terminal
continues to face severe bottlenecks due to naval blockade anxieties, regional
tensions, and the lack of accessible maritime insurance for incoming cargo
vessels.
GULF
NEWS:
US President Donald Trump says the US Navy is carrying out
an effective blockade of Iran and that no Iranian ship has been able to cross
the Strait of Hormuz.
US Central Command tells US forces have helped Gulf allies
ship more than 100 million barrels of crude oil through the strait over the
past seven days.
Explosions have rocked Aden, the interim seat of Yemen’s
internationally recognized government. The government says Houthi forces
targeted Aden International Airport with two missiles.
The UK Foreign Office has widened its advice against all but
essential travel to cover the whole of Saudi Arabia, extending a warning that
previously applied to specific regions and cities.
“Aden International Airport does not only serve areas under
the internationally recognized government, it serves all Yemeni cities, from
al-Mahra to Saada.”
The Saudi-led coalition in Yemen says its forces have
targeted Houthi weapons smuggling operations.
Iranian President Masoud Pezeshkian has decried the
ecological damage caused by conflict in the Middle East, calling it
“environmental genocide”. BUT CAN IRAN DENY ITS
ROLE IN IT??
CRIME
& PUNISHMENT:
The MEA voiced deep concern over a foiled plot to attack the
Sri Venkateswara Swami (Balaji) Temple in Aurora near Chicago, and urged the US
to ensure the safety of Indian nationals. A 19-year-old has been charged with
making a terrorist threat and unlawful possession of a weapon.
MISHAPS:
-
In Mysuru, Karnataka — Four Killed as Lorry Hits Sleeper Bus
near Periyapatna.
In Ajmer, Rajasthan — Three of a Family Killed as Bus Hits
Motorcycle.
ENVIRONMENTAL:
-
A magnitude 7.0 earthquake struck Russia's Kamchatka region
near the Kuril Islands at a depth of about 140 km.
Sukhna Wetland in Chandigarh and Sauj Jheel in Uttar Pradesh
have been added to the Ramsar list, taking India's Wetlands of International
Importance to 103. Environment Minister Bhupender Yadav announced the
additions; Sukhna Lake is a man-made, rain-fed lake built in 1958 in the
Shivalik foothills.
WEATHER:
The Indian Meteorological Department (IMD) has kept parts of
West Bengal under watch following heavy atmospheric changes over the Bay of
Bengal. Department also forecasts heavy rain and thunderstorms in Andhra
Pradesh and Telangana for the next three to five days due to cyclonic
circulation over South Coastal Andhra Pradesh and its neighboring areas.
TECHNOLOGY:
DRDO unveiled the indigenous SHYEN sensor suite for the
Indian Navy's Dornier Do-228 maritime patrol aircraft. At its core is the
KSHITIJ AESA (Active Electronically Scanned Array) radar with about 600 Gallium
Nitride-based transmit/receive modules, which can track sea-surface and
airborne targets and offers Synthetic Aperture Radar imaging.
GAMES
& SPORTS:
India women beat Zimbabwe by four wickets in the first T20I
in Raipur. Chasing 115, India got home in 15.4 overs for their sixth straight
win; the second T20I is today.
Jagsher Singh Khangurra won bronze at the BWF World Junior
Championships in Cairo after losing his semifinal to Indonesia's Radithya Bayu
Wardhana. India's tally at the event stands at 13 medals (1 gold, 5 silvers, 7
bronzes).
Komal won bronze in the women's 59kg at the U-23 World
Wrestling Championships in Las Vegas, beating Kazakhstan's Viktoriia Khusainova
7-2. Amruta Pujari has reached the women's 72kg final.
DAS
KAPITAL:
DALAL STREET:
BULL continued its run. DEVIPAKSHA IS A GOOD OMEN!
Key Market Indices at Close:
• BSE Sensex: 74,729.27 (+413.66 points)
• NSE Nifty 50: 23,146.15 (+148.80 points)
• Nifty Bank: 55,844.00 (Ended nearly flat)
• Weekly Gains: The Sensex rose 3.11% and Nifty 50 added
2.77% over the course of the week, marking a solid structural recovery.
Chinese stock market hit a 13-month low in its last session,
with the benchmark Shanghai Composite Index declining 1.59% (59.75 points) to
close at 3,707.48
BULLIONS:
• 24K Pure Gold (99.9% Purity): Trading at ₹1,47,580 per 10
grams in major hubs like New Delhi and Rajasthan.
• 22K Standard Gold (91.6% Purity): Priced at ₹13,528 per
gram or ₹1,35,280 per 10 grams, serving as the active floor price for bridal
jewelry fabrication.
• Retail Spot Silver (99.9% Purity): Closed at approximately
₹2,12,220 per kilogram in Northern Indian markets.
CURRENCIES:
USD: ₹94.96/- EUR: ₹106.73/- GBP: ₹126.59/-AED: ₹25.79/-CNY:
₹14.26 INR/-
IMAGE: By Nandalal Bose.
THE END.
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