Business

Before GST 2.0, almost 40% of consumers could just about manage food shopping: Survey

In Nepal’s remittance-dependent economy, why the social media ban ended up having an outsized impact Subscriber Only

US will ‘sort out’ trade deal with India once they ‘stop buying Russian oil’, says US Commerce Secretary Lutnick

New Delhi has termed the Trump administration’s action “unjustified and unreasonable” and said these imports began as its traditional supplies were diverted to Europe, with the US having “actively encouraged such imports by India for strengthening global energy markets stability”.

CitiusTech Launches CitiusTech Knewron, a Healthcare Native AI Platform for Enterprise-Grade AI Solutions

Indian rupee drops to lifetime low on persistent US tariff strain

Economy and Policy

GST 2.0: Amid concern of ‘profiteering’, FinMin to compile price data of common use items

GST inversion eases but wide gap in input-output rates remains a worry for industry

‘Challenge of US tariffs offers opportunity for reforms, deregulation’ Subscriber Only

Banking and Finance

RBI Governor to hold open house for staff to boost functioning

SBI, Bank of Baroda and Indian Overseas Bank reduce MCLR

RBI asks banks to clear cheques within hours starting October 4 Subscriber Only

EPFO Face Authentication norms: Staffing companies flag issues with implementation of new rules for UAN generation Subscriber Only

ICICI Bank sharply hikes minimum monthly balance in accounts to Rs 50,000: Check penalty rates for non-compliance Subscriber Only

HDFC Bank Chairman asks private sector to do heavy lifting, cautions on global uncertainties Subscriber Only

New Economy and AI

Red flags on algorithms, panel may recommend stricter penalties for social media

Panel could also suggest task force with I&B, IT and MEA to counter cross-border misinformation

$WLFI crypto token lists on exchanges: A look at Trump family-backed digital asset firm’s expansion plans

SEMICON India 2025: For chip push, PM makes reform pitch to investors

Dedicated to supporting India’s semiconductor ambitions: ASML CEO

Branded as a social evil, banned gaming companies stare at a tough road ahead Subscriber Only

Companies and Markets

Meta, RIL to form AI joint venture: Ambani, Zuckerberg join hands to build open-source AI models for Indian businesses

RIL’s Jio Infocomm to go for mega IPO in first half of 2026: Mukesh Ambani

US to take 10% equity stake in Intel, in Trump’s latest corporate move

Wipro buys Digital Transformation Solutions unit of HARMAN for $375 mn

Tata Sons shareholders approve Noel Tata’s appointment as director at annual general meeting

2,000 products, 15,000 sq ft to shop, plus Swedish cafe and snacks — all this and more at IKEA’s first store in Delhi’s Tagore Garden Subscriber Only

Data Corner

GST cut for mid-market hotel segment may spur travel, hospitality demand, but industry feels more should have been done Subscriber Only

The GST cut effect – 60 bps push to GDP growth, 100 bps fall in retail inflation

From Sept 22, health, term insurance premium will come down by 18%

In Focus

Hitesh Vyas

GST cut on individual life, health policies: Policyholders advised not to delay renewalsSubscriber Only

Insurance experts have said that there has been a lot of ambiguity around the GST cut for new customers and policyholders who have paid their premiums recently

Business News

Sep 12, 2025

Blink Digital Wins Four Awards at Campaign Brief’s The Work 2025

Amazon Prime’s ‘The Incognito Photobomber’ campaign wins in Branded Content and Entertainment as well as Digital and Online, with additional accolades for KFC India and Agoda
Ravi Dutta MishraSep 11, 2025

US secondary tariffs on India ‘unfair’ but alignment with America much deeper than that with China, says USISPF president Mukesh Aghi Subscriber Only

According to Aghi, the India-US relationship is much deeper and broader than India’s potential alignment with China, since Beijing would never accept Indian goods or treat India as an equal.
ReutersSep 11, 2025

Oil prices fall nearly 1% on oversupply and weaker US demand

US crude inventories rose by 3.9 million barrels in the week to September 5, the Energy Information Administration said, against expectations of a draw of 1 million barrels.
Siddharth UpasaniSep 11, 2025

Nepal, Indonesia, Bangladesh, Sri Lanka: When demographic dividend isn’t delivered

The World Bank had warned in 2024 that South Asia was on a path “that risks squandering its demographic dividend of growth”.
Ravi Dutta Mishra, Soumyarendra BarikSep 11, 2025

Automakers brace for hit on PLI benefits as RE magnet curbs from China continue

A large Indian carmaker is learnt to have tweaked its central console to do away with the gear position indicator in its automatic models.
Hitesh VyasSep 10, 2025

Inflows into equity mutual funds fall 22% month-on-month to Rs 33,403 crore in August: AMFI data

Net inflows into sectoral/thematic funds declined 59 per cent to Rs 3,893.16 crore from Rs 9,426.03 crore.
Sukalp SharmaSep 10, 2025

Nepal ‘GenZ’ protests: As Kathmandu airport reopens, Air India, IndiGo operating special flights to bring back stranded passengers

The airport closure, which took effect on Tuesday afternoon, had forced airlines, including Air India and IndiGo, to suspend operations to and from the Kathmandu airport, which serves as the gateway to the Himalayan country.
Shubhajit Roy, Ravi Dutta MishraSep 10, 2025

Trump signals easing of trade tension with India; ‘India & US close friends’, says PM Modi

New Delhi is reading the latest exchange as a “positive incremental step forward”, but is cautious since the US President has reportedly asked the EU to impose tariffs of up to 100 percent on China
Ravi Dutta MishraSep 9, 2025

EU lists 102 new Indian fishery units for exports to member countries

“It will also increase exports of such items by a fifth. In FY24, India exported seafood worth $1.1 billion to the EU,” the official said.
Express News ServiceSep 9, 2025

New Holland to build 2nd tractor plant in India

In 2024, CNH manufactured about 51,000 tractors from the Greater Noida plant, out of which 37,000 was sold domestically and the balance 14,000 exported to the US, Europe and other overseas markets.
Sukalp SharmaSep 9, 2025

Nepal ‘GenZ’ protests: Kathmandu airport closed amid deteriorating situation; IndiGo, Air India suspend flights

According to reports in Nepal's news media, army has been deployed to secure the Kathmandu airport, the main gateway into the Himalayan country.
Aanchal Magazine, Soumyarendra BarikSep 9, 2025

GST 2.0’s bumpy ride: Stuck with old stock, car dealers face Rs 2,500 crore loss in cess Subscriber Only

New GST Changes on Cars: People had put their purchase decisions on hold in anticipation of the GST rate cuts and now the 15-day shraadh or pitru paksha period has also resulted in consumers not
George MathewSep 9, 2025

RBI cuts holdings in US Treasury securities: Why Trump’s tariffs could further the trend

With foreign exchange reserves touching new highs in 2025, the RBI’s calibrated reduction in US T-bills and realignment of gold holdings reflects its cautious approach amid global financial uncertainty.
Soumyarendra Barik, Anil SasiSep 9, 2025

As India steps up GCC play, the increasing trade-off with IT services exports has policymakers concerned

Today, more high-tech services are being exported from India, with firms offshoring tasks such as data analysis to research and development, helping fuel a new wave of services-led growth for India.
Aanchal MagazineSep 8, 2025

Cabinet Secretary chairs interministerial meeting, focus on timely GST 2.0 rollout

There is also concern about whether companies have enough time to readjust their labels for existing stocks as the government has appealed to the industry to pass on the benefits from GST rate cuts to
Soumyarendra Barik, Aanchal MagazineSep 8, 2025

GST 2.0: Domino’s, direct restaurant orders to have edge over food delivery via Zomato, Swiggy Subscriber Only

The GST Council in its 56th meeting held last week has issued a long-pending clarification on the applicable GST rate on delivery services.
Shubhajit Roy, Ravi Dutta MishraSep 8, 2025

European Union negotiators coming to Delhi this week to step up FTA talks

European Commissioner for Trade Maros Sefcovic and Commissioner for Agriculture Christophe Hansen will be in Delhi this week to lead the negotiations, their first visit since February this year when the College of Commissioners travelled
Sukalp SharmaSep 7, 2025

Air India being ‘more transparent than usual’ in reporting incidents, incidence rate ‘entirely normal’ for its size, CEO Campbell Wilson tells staff

Wilson also told staff that the brand values that matter most to the Tata group airline include “staying grounded, focused, and acting with authenticity and integrity, “whether or not someone is watching”.
Express Web DeskSep 7, 2025

Urban Company IPO subscription opens on September 10. Check price band, allotment date and more

Urban Company IPO News: The Gurugram-based company plans to raise Rs 472 crore through selling new shares, and existing investors plan to sell stakes worth Rs 1,428 crore.
Aggam WaliaSep 7, 2025

GST ambiguity persists for ride-hailing apps as food delivery now faces 18% levy

At its 56th meeting last week, the GST Council recommended an 18 per cent levy on local delivery services through ECOs — like Zomato and Swiggy — in addition to the 5 per cent already
Aanchal Magazine, Anil SasiSep 7, 2025

GST 2.0: CabSec calls meeting to resolve sectoral hurdles ahead of Sept 22 roll-out

Representatives from the bicycles, tractors, and fertilisers industry have also reached out to the government to address problems of inverted duty structure — where the duty on inputs is higher than that on finished goods.
Ravi Dutta MishraSep 6, 2025

Exporters to meet RBI Governor on Sep 11 seeking easier loan repayment terms, support to enter new markets

To help exporters push for newer markets, exporters have asked RBI to introduce a sovereign-guarantee window up to ₹25 crore per exporter for new-market entry without collateral for a limited period.
PTISep 6, 2025

Abu Dhabi-bound IndiGo flight suffers tech snag; returns to Kochi

The flight 6E-1403 (COK-AUH) departed from Kochi at 11.10 pm on Friday and returned to the city at around 1.44 am on Saturday due to a technical snag, the sources told PTI.
Soumyarendra Barik, Aanchal MagazineSep 6, 2025

GST on delivery services through e-commerce operators set to rise to 18%

Food delivery apps, quick commerce services to be impacted
Sukalp Sharma, Shubhajit RoySep 6, 2025

Pushback: We will buy Russian oil, says FM Nirmala Sitharaman; Jaishankar to attend BRICS

The government, she said, is also working on measures to “handhold” those hit by the high US tariffs.
Trump says suspect in Charlie Kirk killing caught
World1 min ago

Trump confirms suspect in Charlie Kirk killing has been caught and expresses hope for death penalty. Praises local police and governor for their work. Victim described as hard-working and well-liked. Left also struggling with news. Suspect's identity and formal announcement of arrest still pending.

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