Next-Gen GST and India’s next phase of growth
The introduction of the next generation of the Goods and Services Tax framework in India aims to address two primary objectives that were identified at its inception. These goals focus…
RBI Expected to Raise Repo Rate by 25 Basis Points in October With Further Hikes Possible in FY27
The Reserve Bank of India is anticipated to increase its benchmark policy interest rate by 25 basis points during October. Analysts from Union Bank of India indicate that one or two additional increases could follow during fiscal year 2027. These steps would bring the key rate into a range of 5.75 percent to 6 percent....
India Shows Strength Against Worldwide Economic Pressures and Keeps Room for Policy Actions: Finance Minister
Finance Minister Nirmala Sitharaman highlighted that the country has shown notable strength in facing worldwide economic difficulties while maintaining flexibility to adjust its own measures when needed. This strength stems from careful management of public finances along with improvements in infrastructure and the banking sector. During recent remarks the minister pointed to solid growth in...
Indian Pilot Reported Recovering After Incident on Dubai-Tel Aviv Flight
An Indian pilot identified as Smit Machchhar is said to be recovering well following a serious incident aboard a flydubai aircraft traveling from Dubai to Tel Aviv. Reports indicate that the co-pilot allegedly used a crash axe in what authorities are treating as a possible act of terrorism. Despite sustaining injuries during the confrontation, Machchhar...
White-collar hiring shifts towards specialised AI skills, experienced professionals in September: Report
Recent analysis of the white-collar employment landscape indicates a notable change in recruitment patterns during September. Employers appear to be prioritising candidates who possess advanced capabilities in artificial intelligence alongside substantial prior work experience. This development reflects a broader trend where organisations seek to enhance their technical capabilities through targeted hiring. Demand has grown for...
India May Encounter Heightened Challenges Securing Liquefied Natural Gas Supplies During Winter Period
Recent assessments indicate that India could experience elevated expenses related to liquefied natural gas acquisitions in the coming winter months. This outlook stems from interruptions in supplies originating from Qatar, which are contributing to a more constrained international gas environment. As a result, rivalry for substitute shipments is expected to grow sharper, particularly with European...
Mint Explainer | RoSCTL extended: What it means for apparel exporters
The RoSCTL initiative supports Indian garment sellers by reimbursing certain internal levies that get built into production expenses. This assistance allows them to maintain competitive pricing even when input costs climb and global logistics face interruptions. Exporters encounter ongoing pressure from rivals in regions with lower production expenses. By addressing these embedded charges the program...
India Cuts Export Duties on Diesel and Aviation Turbine Fuel While Keeping Petrol Levy Steady
The Indian government has adjusted export duties on certain petroleum products as part of its ongoing monitoring of global energy markets. Export levies on diesel and aviation turbine fuel have been reduced, while the duty on petrol remains unchanged. This decision follows a pattern of fortnightly assessments that began on March 27 amid tensions in...
Bank Holidays October 2026: Banks Closed For Up To 16 Days; Check RBI City-Wise List
The Reserve Bank of India has released its schedule of bank holidays for October 2026. This calendar accounts for various festivals and regional observances that lead to closures at different banking locations across the country. Some centres may see branches remain shut for as many as sixteen days during the month due to overlapping holidays....
Indian Currency Holds Near Lows Among Asian Peers Amid Rising Global Economic Pressures
The Indian currency has faced ongoing downward pressure, positioning it near the lower ranks compared to other Asian currencies. This movement stems from higher crude oil costs combined with increasing yields on global bonds. Over the most recent quarter, the currency posted a decline of 1.2 percent. Losses during the latest month reached 0.7 percent....
Congress Chief Kharge Details INDIA Bloc Requests for Greater Election Transparency
In a recent gathering of the INDIA alliance, senior Congress figure Mallikarjun Kharge presented a series of proposals aimed at strengthening electoral processes across the country. The discussion focused on restoring the use of traditional ballot papers for voting and ensuring that voter lists undergo a thorough pre-revision check before any special intensive updates take...
Insurance Sector Update: Post FDI Changes Prompt Benchmark Shift in Distribution Costs
The Indian general insurance industry is preparing for a notable adjustment in how distribution expenses are measured and capped following the introduction of full foreign direct investment. Regulators and market participants expect the primary reference point to move away from overall gross written premium figures toward a focus on domestic gross direct premium income. This...
Reserve Bank of India Removes Nearly 20 Billion Dollars in Excess Liquidity Through Foreign Exchange Actions
The Reserve Bank of India has withdrawn close to 20 billion dollars worth of surplus rupee liquidity from the financial system. This action was carried out primarily through foreign exchange operations combined with sales of government bonds and the use of reverse repurchase agreements. These steps were taken alongside routine tax outflows that also drew...
India’s private investment declines even as project announcements more than double, despite record corporate profits
Recent analysis from the National Institute of Public Finance and Policy highlights a notable shift in corporate behavior across India. Despite achieving record profits, firms have shown a clear preference for holding cash reserves rather than committing to new greenfield projects. This trend emerges even as the number of announced initiatives has risen sharply. The...
Supreme Court Seeks Government Clarification on UPI Fees for Larger Transactions
The Supreme Court has directed the central government to provide a detailed explanation regarding the imposition of charges on Unified Payments Interface transactions exceeding two thousand rupees. At the same time the court declined to suspend the implementation of the updated structure scheduled to begin on October fifteenth. This development comes amid ongoing discussions about...
Vedanta seeks Niyamgiri mining revival, pitches ₹1 lakh crore Odisha investment
Vedanta has approached authorities with a proposal to restart bauxite extraction at the Niyamgiri site in Odisha while committing substantial capital to the state economy. The company has outlined plans involving an estimated outlay of one lakh crore rupees spread across mining operations and related infrastructure. The request revives discussion around a project that faced...
NTA Strengthens Security Protocols at Relocated Office After Exam Concerns
The National Testing Agency has shifted operations to a newly established facility equipped with upgraded protective measures in response to recent issues surrounding the NEET undergraduate examination. This move comes after reports of irregularities in the testing process prompted a review of existing arrangements. Authorities have placed the Central Industrial Security Force in charge of...
Same playbook, different numbers: Why FPI selling may not be the story it looks like
Indian stock markets have shown continued weakness across multiple trading sessions recently. Several pressures have contributed to this trend including higher global oil prices rising yields on American government bonds ongoing international tensions and sales activity from overseas portfolio investors. Despite these headwinds foreign investors have maintained involvement in specific segments of the domestic market....
Golf enthusiasts outline plans for new course in Arunachal Pradesh
A group of golf enthusiasts has prepared detailed plans for constructing an 18-hole golf course in Arunachal Pradesh. The project aims to establish the northeastern state as a destination for international visitors interested in the sport. Organizers hope the facility will draw players from countries such as Japan and South Korea who seek distinctive playing...
Government Evaluates Proposal for Mandatory Imported Coal Blending at Thermal Power Plants
Government officials are currently reviewing a proposal that would require thermal power plants to mix imported coal with domestic supplies. The plan under consideration involves blending levels reaching as high as five percent. Discussions are centered within the Power Ministry as authorities assess options for maintaining steady fuel availability. Thermal power stations would need to...
India and Australia Advance on Broad Economic Deal and Investment Treaty
India and Australia continue to develop a wide-ranging economic cooperation framework along with a separate bilateral investment treaty. These efforts aim to strengthen commercial links and encourage greater flows of capital between the two nations. Commerce Minister Piyush Goyal highlighted the ongoing work during recent discussions. Both sides seek to expand opportunities in key sectors...
Pune Tribunal Overturns Tax Penalty After Employee Corrects Filing Error
In a recent decision from the Income Tax Appellate Tribunal in Pune, authorities have set aside a financial penalty amounting to two lakh twenty one thousand rupees that had been levied on an individual taxpayer employed in a salaried position. The ruling came after the person concerned updated their income tax return filing to address...
Voices & Opinion
A More Divided World: Can Diplomacy Still Find Common Ground?
International politics is becoming increasingly complicated as countries face geopolitical competition, economic uncertainty, security concerns and disagreements over trade and technology. Major powers are pursuing their own strategic interests while…
India’s Changing Global Role: Why Strategic Independence Matters More Than Ever
India’s growing influence in global affairs raises an important question: how should the country balance relationships with major powers while protecting its own strategic interests? India increasingly works with the…
India’s research retraction surge sparks call for reform
In the expansion of India’s scientific footprint lies an uncomfortable truth: the country now ranks third globally for life science research papers retracted from the record, according to a comprehensive…
Indian Science and Technology landscape: a leap for a better future
India produces a large quantity of scientific research, ranking 4th globally in terms of total research publications in 2020 according to Elsevier SciVal and having the 9th largest number of…
