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Weekly News Platter |
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12 Sep, 2026, 05:15PM IST, PTI |
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Hello Reader,
In case you had a busy week, these are the top stories you need to get caught up to speed...
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Rs 2.5 crore retirement corpus: Can you get Rs 2 lakh monthly income for 25 years? |
| Strategic planning of retirement withdrawals from a Rs 2.5 crore fund is essential for financial security. Adopting a conservative withdrawal rate that is lower than the annual returns can help sustain the corpus. By gradually increasing withdrawals based on a fixed percentage, retirees can plan for better financial longevity. Moreover, beginning with lower withdrawals and scaling them up annually contributes positively to corpus preservation. Read more |
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Shapoor Mistry eyes ₹25,000 crore in two years for part of SP's Tata stake |
| Shapoor Mistry seeks ₹25,000 crore from Tata Sons for SP Group's stake. This proposal aims to raise cash while preserving Tata Sons' private status. Discussions are ongoing regarding transaction structure and valuation for a potential buyback. SP Group faces pressure from lenders and needs to monetize its holding. Monetization amount will depend on valuations and immediate funding needs. Read more |
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Coca-Cola CEO says don’t chase ‘irrational’ pricing as Campa Cola goes ₹10 |
| Coca-Cola will not overreact to rivals' pricing strategies in India. The company focuses on fundamentals like brands and revenue growth management. Reliance's Campa Cola has emerged as a significant challenger in the market. Newer entrants are increasing their market share with popular price points. Coca-Cola plans to boost marketing and distribution spending to compete. Read more |
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Adani emerges key Russia defence partner in India; HAL, Bharat Dynamics on board |
| Adani Defence is partnering with Russian manufacturers for advanced air defence systems. This collaboration focuses on co-production of weapons like the Pantsir in India. Contracts for Igla-S and Verba missiles are already in progress. Russia is also deepening ties with state-run firms like HAL and BDL. However, some Russian defence proposals have not gained traction with Indian forces. Read more |
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From Sochi to a parked car: How Modi-Putin built a private channel |
| The Modi-Putin relationship has developed an unusual diplomatic rhythm over the past decade: private dinners, boat rides, estate tours and even an extended conversation inside Putin’s limousine. As geopolitical pressures complicate India-Russia ties, this informal channel has helped the two leaders discuss disagreements away from the formal negotiating table. Read more |
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Railways to upgrade older trains with 6,000-HP locomotives |
| Indian Railways will procure new energy-efficient locomotives for passenger trains. These powerful engines will operate in a push-pull format, enabling smoother and faster journeys. The modern locomotives will also eliminate the need for separate power generator cars. This upgrade will bring more comfortable travel to non-Vande Bharat trains. Read more |
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Apple’s pricing gap takes a bite out of iPhone sales outlook in India |
| Apple's new iPhone Duo pricing in India is significantly higher than in other markets. Retailers fear this price difference will encourage grey market sales and personal imports. Market researchers have lowered their outlook for Apple's iPhone unit sales in India. Higher prices for existing models also impact demand for older iPhones. This situation creates challenges for Indian retailers and the government's revenue. Read more |
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SBI-led group of lenders to provide $3.5 billion debt to Vodafone Idea |
| Lenders led by State Bank of India will provide Vodafone Idea $3.5 billion debt financing. This funding aims to help the mobile operator rebuild its business and improve its network. Conditions include Kumar Mangalam Birla remaining chairman for the loan's tenure. Indian authorities previously provided a lifeline by capping past spectrum payouts. These actions have helped Vodafone Idea's shares climb significantly this year. Read more |
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Karnataka government limits Vande Mataram to two stanzas at official events |
| Karnataka's Congress government has ordered singing only the first two stanzas of Vande Mataram. This directive applies to state-organized programmes, excluding those with top dignitaries. The Union Home Ministry had previously directed singing all six stanzas of the national song. This decision aligns with the Congress Working Committee's 1937 resolution on the matter. The state order aims to maintain uniformity and appropriate protocol for national song renditions. Read more |
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AstraZeneca's breast cancer drug fails in late-stage trial |
| AstraZeneca's breast cancer drug Etcamah did not meet its main goal in a late-stage trial. The drug showed only a numerical improvement when combined with palbociclib. This marks a setback for the recently approved treatment, which received accelerated approval. U.S.-listed shares of AstraZeneca experienced a decline in aftermarket trading. Trial data will be shared by the company in due course. Read more |
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Pakistan killed Palestinians for Jordan. Will it kill Houthis for Saudi? |
| Houthi attacks near Saudi Arabia have intensified, prompting a cautious response from Pakistan. Pakistan's defence pact with Saudi Arabia and Turkey is now being tested by these events. The nation is carefully balancing its relationship with Saudi Arabia and its neighbor Iran. Historical military ties with Arab nations are noted, but current geopolitical complexities differ. Pakistan seeks to maintain its mediator role while assessing its pact obligations. Read more |
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Rahul Gandhi to be INDIA bloc's PM candidate in 2029 Lok Sabha polls: Tamil Nadu Minister Viswanathan |
| Tamil Nadu Higher Education Minister P Viswanathan affirmed Rahul Gandhi as the Congress party's prime ministerial candidate for 2029. He stated there was no hesitation in declaring the Congress party's clear and firm position. Viswanathan dismissed speculation about Tamil Nadu Chief Minister Vijay as a prime ministerial contender. He expressed confidence in the Left parties joining their alliance for upcoming elections. Read more |
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