Two US lawmakers have released a bill to designate Pakistan as a terrorist state. The bill says that its time "the US stopped paying Pakistan for its betrayal" in its continuing support of international terrorism. ET

Three weeks after Jio announced its disruptive tariffs, Airtel, Vodafone and Idea haven't lowered prices of their own offerings. Airtel has suggested that they may wait to take a decision on tariffs only at the end of the year, once Jio's free services come to an end. For now customers of Jio competitors are seeing response on a case by case basis, when they make mobile number porting requests. In such cases, Airtel, Vodafone and Jio are offering these customers higher usage plans at lower prices. LiveMint

NSEL director Jignesh Shah was arrested by the CBI following raids at his home and offices. The federal agency also carried out searches of five current and former SEBI officials. The FIR filed by the CBI names these SEBI officials as part of their investigation. BS

The price war has begun for this festival season, as Snapdeal takes on Flipkart with the 'Unbox Diwali' sale which starts on October 2. Flipkart will begin its sale over the same period, starting October 1. Both retailers will be announcing discounts upwards of 70%. Amazon has yet to announce its discount sale dates. Firstpost

Photo of the day: A woman lights a candle as part of a tribute to soldiers killed in the attack on an Indian army base in Kashmir's Uri. IE