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India needs to stop evaluating deep-tech startups like conventional businesses. The government launched a ₹1-lakh-crore scheme to finance high-risk innovation over six years. While deep-tech needs patient capital, it cannot become unquestioning capital. Experts said, "Deep-tech needs patient capital. But patient capital cannot become unquestioning capital." Governance remains essential here.
Portfolios with higher allocations to gold delivered superior returns in 2026. Data from August 25 showed that gold helped investors beat those holding only equity or debt. Experts said that diversification adds resilience to portfolios. While equity leads long-term gains, gold provided a boost during this year of global uncertainty.
The Rajasthan government plans to set up 172 units of 1 MW/ 4MWhr battery energy storage systems across the state. The electricity regulatory commission approved this pilot project to manage surplus solar energy. These units will operate at various substations to help discoms handle peak load and save on power costs.
The RBI used Rs 8.28 lakh crore in Open Market Operation purchases during FY2025-26 to support liquidity. While these steps helped, external pressures like the West Asia crisis hurt the rupee. The RBI now looks beyond bond buys, focusing on stable foreign currency inflows to manage this difficult balancing act.
HDFC Bank is searching for a new CEO as Sashidhar Jagdishan steps down on October 26. The bank faces pressure to revive retail lending and improve margins after shares fell 27% this year. The next leader must boost loan growth and core profitability while managing the bank’s complex post-merger integration challenges.
Sashidhar Jagdishan is set to leave his role as HDFC Bank CEO. He joined the bank in 1996 and took charge after Aditya Puri. Now, he chose not to seek a third term due to uncertainties. He leaves behind a legacy of growth while the bank faces new governance questions.
Gig work companies expect to create 250,000 to 300,000 more jobs this festive season. While the workforce grew 55% in four years, many workers face inhuman stress and accidents. “Now, it seems I have turned into a machine,” one worker said. These transient jobs often follow a use and throw policy.
Mastek is shifting its focus from simple engineering services to AI-led business transformation. CEO Umang Nahata said, "AI is shifting the value from code to context." The Mumbai-based firm now uses AI to deliver measurable outcomes for clients in financial services, manufacturing, and private healthcare through new, outcome-based commercial models.
ISRO started hiring for 176 Scientist and Engineer posts in Electronics, Mechanical, and Computer Science. Engineering graduates with 65% marks can apply online until September 16, 2026. These Group A positions offer Level 10 pay. Candidates will face a written test and an interview to get these jobs at ISRO.
At 12, Vinisha Umashankar invented a solar-powered ironing cart to replace charcoal. She noticed vendors released smoke that caused lung diseases. Her creation, Iron Max, uses solar energy to reduce pollution and help merchants earn more money. She even shared her green innovation with world leaders at the COP26 summit.
Russia submitted a proposal for five more S-400 air defence squadrons to India. This deal is estimated to cost over fifty thousand crore rupees. "The Russian response to the Indian tender has been received, and it is being processed at the moment," defence sources said. Deliveries will start after three years.
A truck carrying 40,000 pounds of Pabst Blue Ribbon beer vanished in California on Aug. 17. Police are investigating this $70,000 cargo theft, which may link to another incident at the same center. Pabst said it would have preferred the haul had been obtained “the honorable way” and requested its return.