India & World Γ— Money

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Indian politics and governance, plus the world affairs that change what happens here.

India

Delhi HC demands annual policy for public grounds

Delhi HC (Justice Amit Mahajan) struck down first-come-first-serve for public grounds on 8 Oct 2026 and ordered DUSIB to frame annual site-allocation policies.

Why it matters Organisers will face 90-day public notice, common eligibility and a scoring matrix; a repeat organiser cannot hold a ground for more than two consecutive years.

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India & World

National defers tax cuts until 2028/29 surplus, puts debt first

National Party finance spokesperson Nicola Willis announced on 12 October 2026 that the party will not deliver income tax cuts this term, deferring relief until a forecast surplus in 2028/29.

Why it matters Households get no tax relief now; health receives NZ$15.4bn (88% of commitments) funded by ~NZ$1bn in spending cuts including foreign aid reduction.

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India

Noida tells SC it cleared a revised 300-acre Sports City layout

Noida Authority filed an affidavit with the Supreme Court saying the revised layout for the 300-acre Sector 150 Sports City has been approved, with 70% of the land earmarked for sports and recreation.

Why it matters Four stalled projects have now been granted conditional occupancy certificates, but the Authority continues to work under direct Supreme Court supervision as thousands of homebuyers wait.

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India

Mann backs his Punjab record with farms, canals and job numbers

Punjab CM Bhagwant Singh Mann addressed a Lok Milni in Mimsa village, Dhuri constituency, on 11 October 2026, listing welfare and farming wins as proof of his government's record.

Why it matters Voters heading into the state's political cycle get a checklist of deliverables - canal irrigation, free power, job numbers and per-household savings - to test against the next…

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India & World

SC gives Yadav until Oct 13 to pay Rs 2 crore cheque-bounce dues

The Supreme Court ordered Rajpal Yadav to pay Rs 2 crore by October 13, 2026 in his cheque-bounce case, warning his three-month prison term could be lengthened.

Why it matters Any further delay risks a longer sentence after Yadav was already released in February 2026 following a Rs 1.5 crore deposit.

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India

Supreme Court gives Rajpal Yadav one day before Oct 7 hearing

The Supreme Court, headed by CJI Surya Kant with Justices Joymalya Bagchi and V Mohana, rebuked Rajpal Yadav for missing its 5 October deadline to deposit Rs 5 crore and gave him one final…

Why it matters Yadav faces contempt proceedings and a possible surrender direction across seven cheque dishonour cases, with the next court date already fixed for 7 October.

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