MANILA, Philippines — Investors were quick to take advantage of lower priced stocks on Tuesday, with the local bourse lighting up green after the inflation rate turned out to be lower than expected.
By the closing bell, the benchmark Philippine Stock Exchange Index (PSEi) recovered by 1.39 percent or 83.51 points to end at 6,083.83. Likewise,
https://business.inquirer.net/551274/benign-september-inflation-perks-up-philippine-stocks
**Dwight Ramos Leads Levanga Hokkaido to First Win in 2025-26 B.League Season**
MANILA, Philippines—Dwight Ramos played a pivotal role as Levanga Hokkaido secured their first victory in the 2025-26 B.League season over the weekend.
Ramos exploded for 29 points, guiding Hokkaido to an 81-77 win over Nagoya on Sunday at the IG Arena. His versatile scoring and composure throughout the game were key factors in the team’s success.
In a recent tweet from Levanga Hokkaido, Ramos was hailed as the hero of the game:
“本日のヒーローは我らが #ドワイト・ラモス 🇵🇭✨終始多彩な得点と冷静さでチームを牽引し、本日29得点🤯
10/5(日) 名古屋戦 GAME2 見逃し配信📡”
(Translation: Today’s hero is our very own Dwight Ramos 🇵🇭✨ Leading the team with diverse scoring and calmness, scoring 29 points today.)
Fans can catch a replay of the game against Nagoya from October 5 (Sunday) here: [Watch replay](https://t.co/zFziWBpgsE).
READ: [B.League: Ex-NBA big man joins Dwight Ramos at Levanga](#)
Levanga Hokkaido supporters will surely look forward to more electrifying performances from Dwight Ramos as the season progresses.
https://sports.inquirer.net/643272/b-league-dwight-ramos-ray-parks-go-off-in-separate-wins
**D4vd’s Alleged Victim Celeste Rivas-Hernandez Laid to Rest**
*By Apoorva Rastogi | October 7, 2025, 3:49 PM*
The funeral service for 15-year-old Celeste Rivas-Hernandez was held on Monday at the Queen of Heaven Cemetery and Mortuary in Rowland Heights, California. This service followed the discovery of her body in the trunk of a Tesla registered to singer D4vd, whose real name is David Anthony Burke, on September 8.
The Los Angeles County Coroner confirmed that Rivas-Hernandez’s remains were released to her family on September 23.
### Family Confirmation and Community Vigil
Rivas-Hernandez’s family first spoke publicly about her death on September 18. A GoFundMe page created to help cover funeral expenses described her as “a beloved daughter, sister, cousin, and friend.”
On September 21, dozens gathered in Lake Elsinore for a candlelight vigil held in her memory, honoring the young teen and offering support to her grieving family and community.
### Ongoing Investigation
In mid-September, LAPD detectives executed a search warrant at a Hollywood Hills home linked to D4vd as part of the ongoing investigation into Rivas-Hernandez’s death. The Tesla involved was towed from Hollywood Hills to a secured lot in Los Angeles.
“We know that the Tesla had been parked at the location from which it was towed for several weeks, so it is very likely Celeste Rivas Hernandez had been dead for several weeks prior to her body being discovered,” LAPD Captain Scot M. Williams told PEOPLE.
### Legal Representation
In response to the investigation, D4vd has reportedly retained Blair Berk, a prominent criminal defense attorney known for representing high-profile clients such as Kanye West, Britney Spears, and Mel Gibson.
However, Berk’s legal team has clarified that his involvement does not imply that D4vd is a suspect in Rivas-Hernandez’s case.
As of now, “The Los Angeles County Medical Examiner has not determined a cause or manner of her death,” Captain Williams added.
The investigation remains ongoing as authorities work to uncover further details surrounding this tragic case.
https://www.newsbytesapp.com/news/entertainment/celeste-s-funeral-held-month-after-being-found-in-d4vd-s-car/story
**Modi Government’s Stance on Cryptocurrency in India**
*By Dwaipayan Roy | Oct 07, 2025, 04:24 PM*
**What’s the story?**
Union Commerce Minister Piyush Goyal recently clarified the Indian government’s position on cryptocurrency. During his two-day visit to Doha aimed at boosting trade and investments between India and Qatar, Goyal stated that the government neither promotes nor discourages cryptocurrencies but focuses primarily on taxing them.
**Taxation Focus**
Goyal emphasized that the government intends to regulate cryptocurrencies through heavy taxation rather than imposing an outright ban. “As far as cryptocurrency, which is not backed by the Central Government, while there is no ban as such, we are taxing it very heavily,” he said. This approach is designed to protect people from getting trapped in unbacked cryptocurrencies that lack a support system.
**Digital Currency: India’s Sovereign Digital Rupee**
In addition to regulating existing cryptocurrencies, India is planning to introduce a sovereign digital currency backed by the Reserve Bank of India (RBI). According to Goyal, the new digital rupee will possess features similar to stablecoins and will incorporate blockchain-based traceability to ensure transparency and compliance. “Our idea is that this will only make it easier to transact,” he added.
**Tax Regulations on Virtual Digital Assets (VDAs)**
India has established a clear tax framework for virtual digital assets (VDAs), including cryptocurrencies and NFTs, although it does not recognize them as legal tender. The Union Budget for 2022-23 introduced a 30% tax on income generated from the transfer of VDAs. This tax rate applies regardless of any profit or loss incurred in other transactions within the taxpayer’s portfolio. Additionally, a 1% Tax Deducted at Source (TDS) was implemented on all crypto transactions exceeding ₹10,000 starting July 1, 2022.
—
This balanced stance reflects the Indian government’s cautious approach towards cryptocurrencies—regulating through taxation and planning its own sovereign digital currency, while avoiding an outright ban.
https://www.newsbytesapp.com/news/business/we-are-not-encouraging-cryptocurrency-says-piyush-goyal/story
**D4vd’s Alleged Victim Celeste Rivas-Hernandez Laid to Rest**
*By Apoorva Rastogi | October 7, 2025, 3:49 PM*
The funeral service for 15-year-old Celeste Rivas-Hernandez was held on Monday at the Queen of Heaven Cemetery and Mortuary in Rowland Heights, California. This comes after her body was discovered on September 8 in the trunk of a Tesla registered to singer D4vd, whose real name is David Anthony Burke.
The Los Angeles County Coroner confirmed that Rivas-Hernandez’s remains were released to her family on September 23.
### Family Confirms Death and Community Vigil
Rivas-Hernandez’s family publicly confirmed her death on September 18. A GoFundMe page set up to cover her funeral expenses read, “As many of you know, Celeste Rivas Hernandez has been identified as the body found last week. She was a beloved daughter, sister, cousin, and friend.”
On September 21, dozens gathered in Lake Elsinore for a candlelight vigil in her memory.
### Ongoing Investigation
In mid-September, LAPD detectives executed a search warrant at a Hollywood Hills home linked to D4vd in connection with Rivas-Hernandez’s death. The Tesla was towed from the Hollywood Hills location to a lot in Los Angeles.
“We know that the Tesla had been parked at the location from which it was towed for several weeks, so it is very likely Celeste Rivas Hernandez had been dead for several weeks prior to her body being discovered,” LAPD Captain Scot M. Williams told PEOPLE.
The Los Angeles County Medical Examiner has not yet determined the cause or manner of her death.
### Legal Representation for D4vd
In response to the investigation, D4vd has hired Blair Berk, a prominent criminal defense attorney known for representing high-profile clients such as Kanye West, Britney Spears, and Mel Gibson.
However, Berk’s legal team clarified that his involvement does not imply D4vd is a suspect in the case.
The investigation into the circumstances surrounding Celeste Rivas-Hernandez’s death is ongoing, with authorities continuing to gather information.
https://www.newsbytesapp.com/news/entertainment/celeste-s-funeral-held-month-after-being-found-in-d4vd-s-car/story
**This is Modi Government’s Stance on Cryptocurrency in India**
*By Dwaipayan Roy | Oct 07, 2025 | 04:24 PM*
—
**Union Commerce Minister Piyush Goyal Clarifies Government Position**
Union Commerce Minister Piyush Goyal recently clarified the Indian government’s stance on cryptocurrency during his two-day visit to Doha aimed at boosting trade and investments between India and Qatar.
Goyal emphasized that the government neither promotes nor discourages cryptocurrencies but imposes taxation on them. “We have not been encouraging cryptocurrency, which does not have sovereign backing or which is not backed by assets,” he stated.
—
**Heavy Taxation Instead of a Ban**
Unlike some countries that have banned cryptocurrencies outright, India has chosen a different approach. Goyal explained that the government intends to regulate cryptocurrencies primarily through heavy taxation.
“As far as cryptocurrency, which is not backed by the Central Govt, while there is no ban as such, we are taxing it very heavily,” he said. This strategy aims to protect people from falling victim to unbacked cryptocurrencies lacking any formal support system.
—
**India’s Plan to Introduce a Sovereign Digital Currency**
In addition to regulating private cryptocurrencies, India plans to roll out a sovereign digital currency backed by the Reserve Bank of India (RBI). This new digital rupee will share characteristics similar to stablecoins and will feature blockchain-based traceability to ensure transparency and compliance.
“Our idea is that this will only make it easier to transact,” Goyal remarked regarding the upcoming digital currency.
—
**Clear Tax Framework for Virtual Digital Assets**
India has established a defined tax framework for virtual digital assets (VDAs), such as cryptocurrencies and NFTs, despite not granting them legal tender status.
In the Union Budget 2022-23, the government introduced a 30% tax on income earned from the transfer of VDAs. This tax rate applies regardless of any profit or loss from other transactions in the taxpayer’s portfolio. Additionally, from July 1, 2022, a 1% Tax Deducted at Source (TDS) is levied on all crypto transactions above ₹10,000.
—
**Summary**
To summarize, the Modi government’s approach to cryptocurrency emphasizes regulation through significant taxation rather than prohibition. While discouraging unbacked cryptocurrencies, the government is moving forward with its own digital currency initiative to facilitate easier and more transparent transactions in India’s financial ecosystem.
https://www.newsbytesapp.com/news/business/we-are-not-encouraging-cryptocurrency-says-piyush-goyal/story
**Senior Haryana IPS Officer Dies by Suicide at Residence**
*By Snehil Singh | Oct 07, 2025, 05:04 PM*
Senior Haryana Indian Police Service (IPS) officer Puran Kumar allegedly died by suicide at his residence in Sector 11, Chandigarh. The incident occurred on Tuesday afternoon when he reportedly shot himself with his official weapon. Preliminary investigations suggest that he died on the spot.
Puran Kumar was a 2001-batch IPS officer serving as the Additional Director General of Police at the Police Training Centre in Sunaria, Rohtak. His wife, Aman P Kumar, an IAS officer, is currently on an official trip to Japan and is expected to return to India tomorrow evening.
Senior officials of Chandigarh Police have launched an investigation into the case. Chandigarh’s Senior Superintendent of Police, Kanwardeep Kaur, confirmed that a team from the Central Forensic Science Laboratory is examining the scene as part of the ongoing probe.
—
**Support Resources**
If you or someone you know is struggling with suicidal thoughts, help is available. Please reach out to the following organizations for support:
– **AASRA (Suicide Prevention Counseling):** 022-27546669 (24 hours)
– **Roshni NGO:** +91-4066202000
– **COOJ:** +91-83222-52525
– **Sneha India Foundation (24×7):** +91-44246-40050
– **Vandrevala Foundation (Call & WhatsApp):** +91-99996-66555
Remember, seeking help is a sign of strength. You are not alone.
https://www.newsbytesapp.com/news/india/senior-haryana-ips-officer-shoots-himself-at-house/story
**Bhopal (Madhya Pradesh): Chief Minister Mohan Yadav Emphasizes Public Trust and Good Governance at Commissioner-Collectors Conference**
Chief Minister Mohan Yadav highlighted that public trust is the state’s greatest asset and must be maintained at all costs. He made these remarks at the inauguration of the two-day Commissioner-Collectors Conference 2025, held at the Kushabhau Thakre International Convention Center in Bhopal on Tuesday.
Yadav stated that Madhya Pradesh has established a responsible and result-oriented governance system aimed at providing immediate and quality services to the public. “The goal of developing the state through good governance is our top priority,” he emphasized.
The Chief Minister stressed the importance of effective implementation of government schemes, efficient management, and direct communication with citizens. He urged officials to ensure that the benefits of government programs reach everyone in need without delay.
Encouraging field visits, Yadav called on officials to engage directly with the public to understand their problems and offer prompt assistance. “We must deliver great results to the citizens,” he added. “Each one of us plays a crucial role in democracy and public welfare, and field officials have the responsibility to ensure that the public receives the actual benefits of the schemes.”
Mr. Yadav further emphasized accelerating the speed of development through transparent governance. He noted that the conference will focus on simplifying and enhancing governance processes to enable faster delivery of scheme benefits to the public.
Drawing a parallel to the responsibilities entrusted by God, the Chief Minister said, “If God has given us the responsibility of working for society, we must fulfill it like a humble student.” He urged officials to continuously learn new methods and apply their skills and experience efficiently to serve the people better.
Addressing farmers’ concerns, Mohan Yadav assured that they will receive a fair price for their soybean crop under all circumstances. The registration of farmers under the Bhavantar Yojana will continue until October 17, 2025. Additionally, the price difference will be transferred directly to farmers’ bank accounts within 15 days of crop sale.
The conference was attended by Chief Secretary Anurag Jain, Additional Chief Secretary (General Administration) Sanjay Kumar Shukla, multiple Additional Chief Secretaries, Principal Secretaries, Secretaries, Divisional Commissioners, Collectors, CEOs of District Panchayats, and senior government officials from all districts.
This event underlines Madhya Pradesh’s commitment to strengthening governance and ensuring inclusive development across the state.
https://www.freepressjournal.in/bhopal/mp-news-public-trust-is-our-greatest-asset-and-we-must-maintain-it-says-cm-mohan-yadav-at-commissioner-collectors-conference-in-bhopal
**Many Details to Be Worked Out on Trump Gaza Plan, Qatari Official Says**
A Qatari official has stated that many details still need to be worked out regarding the Trump administration’s Gaza plan. The proposed deal would see Israel receive the return of all 48 hostages after two years of captivity by Hamas.
US President Donald Trump has been involved in efforts to negotiate the release of these hostages amid ongoing tensions with Hamas.
*Photo credit: Kevin Lamarque/Reuters, Ramadan Abed/Reuters*
https://www.jpost.com/israel-news/defense-news/article-869677
According to a recent government notification, the government may accept further subscriptions of up to Rs 2,000 crore per security. The sale will be conducted through the Reserve Bank of India’s (RBI) Mumbai Office, utilizing its Core Banking Solution e-Kuber system.
The auction will use a multiple-price mechanism, allowing both competitive and non-competitive bids. Non-competitive bids will be accepted between 10:30 a.m. and 11:00 a.m. on October 10, while competitive bids will be taken from 10:30 a.m. to 11:30 a.m. on the same day. The auction results will be announced on October 10, and successful bidders must make their payments by Monday, October 13.
Primary Dealers can submit bids for underwriting the Additional Competitive Underwriting (ACU) portion between 9:00 a.m. and 9:30 a.m. on the day of the auction, October 10.
Additionally, the securities will be eligible for “When Issued” trading from October 7 to October 10, 2025.
As reported by news agency ANI, the auction process differs depending on the type of security. For multiple price-based auctions, successful bids are accepted at their respective quoted yield or price. In contrast, for uniform price-based auctions, all accepted bids are settled at the cutoff yield or price.
The RBI has stated that auctions will be yield-based for new securities and price-based for reissued securities. In the case of Floating Rate Bonds (FRBs), the auction will be spread-based for new securities and price-based for reissues. When placing bids for new FRBs, bidders should quote the spread in percentage terms.
Furthermore, the RBI release highlights that securities will be issued in a minimum amount of Rs 10,000 and in multiples of Rs 10,000 thereafter.
To summarize the key timings:
– ACU portion underwriting bids by Primary Dealers: 9:00 a.m. to 9:30 a.m. on October 10
– Non-competitive bids: 10:30 a.m. to 11:00 a.m. on October 10
– Competitive bids: 10:30 a.m. to 11:30 a.m. on October 10
– Auction results announcement: October 10
– Payment due by winning bidders: October 13
This issuance reflects the continued efforts by the government and RBI to maintain transparent and efficient debt markets through advanced auction mechanisms.
https://www.mid-day.com/news/india-news/article/rbi-to-auction-government-securities-worth-rs-28000-crore-on-october-10-23597604
