Finance Minister Nirmala Sitharaman announced that the Goods and Services Tax (GST) Council's October 7 meeting will focus on 'GST 2.0' process reforms, including e-invoicing and input tax credit rules, while also addressing complex issues surrounding the taxation of the digital economy and cryptocurrency.
Patrice Caine, Chairman and CEO of Thales, highlighted Artificial Intelligence as both a major cybersecurity challenge, accelerating attack speed and autonomy, and a crucial tool for defenders. He also warned about quantum computing's future threat to encrypted data. Thales introduced new AI-powered solutions like Luna 8 and CipherTrust DSPM at its Cyber Summit 2026 to combat these evolving threats.
Tewolde Gebremariam, Air India's CEO and MD-designate, has outlined passenger safety, operational reliability, and sustainable profitability as the airline's foremost priorities, emphasising a stronger safety-reporting culture and improved disruption recovery.
Government sources clarify that the 0.4% merchant discount rate (MDR) on UPI transactions above Rs 2,000, effective October 15, will not be passed on to consumers. The charge, paid by merchants, aims to create a sustainable revenue framework for the digital payments ecosystem, with funds shared among banks and UPI entities. Small merchants using QR codes for up to Rs 1 lakh monthly are exempt.
Trai has brought app-based spam calls under tighter regulations through new A2P call rules.
Two men, including alleged mastermind Adeeb Khan, have been arrested in Delhi for cheating a person of Rs 15 lakh by posing as Direct Selling Agents (DSAs) of private banks and offering low-interest loans. Police recovered Rs 6.95 lakh in cash, and efforts are underway to apprehend a third absconding associate and trace the full money trail.
Tax experts clarify that merchants will pay 18% GST on Merchant Discount Rate (MDR) for UPI payments exceeding Rs 2,000, effective October 15. However, registered merchants can claim Input Tax Credit (ITC), mitigating the tax burden. This move is expected to generate significant GST revenue for the exchequer while funding payment infrastructure.
A Bain & Company report projects the global AI market must reach nearly USD 6 trillion annually by 2031 to sustain massive infrastructure investments. This growth will largely depend on new innovations beyond productivity gains, with a significant gap needing to be filled by emerging revenue streams like autonomous vehicles, physical AI, and new AI-driven products. The report also highlights the surge in hardware and semiconductor industries due to AI compute demand and the importance of AI absorption for Indian companies.
Prime Minister Narendra Modi's 76th birthday was celebrated with extensive programmes in Varanasi, his Lok Sabha constituency. Events included special prayers by 76 young priests, a milk 'abhishek' of the Ganga, and a significant 'Seva Sankalp' motorcycle journey from Varanasi to Vadnagar, Modi's birthplace, involving 500 participants. Several prominent political figures, including Defence Minister Rajnath Singh and Uttar Pradesh Chief Minister Yogi Adityanath, participated in the celebrations, offering prayers for Modi's health and India's progress.
A letter sent by the Sir Dorabji Tata Trust to Venu Srinivasan, Tata Trusts vice-chairman and nominee director on Tata Sons, a day before the Tata Sons board meeting on September 17, is at the centre of deliberations.
TATA.CARS Launches All-New Aeris Compact Sedan, a facelifted version of the Tata Tigor, at a starting price of 5.29 lakh ex-showroom.
Former IAS officer Divya Mittal has announced her independent entry into politics, starting her journey in Uttar Pradesh. She aims to create a platform to voice public grievances and challenge systemic issues, focusing on intent and justice rather than party politics.
India is actively integrating payment system harmonisation into its Free Trade Agreement (FTA) negotiations, especially with countries hosting a large Indian diaspora. This strategy aims to leverage India's growing fintech ecosystem, facilitate cross-border financial services, and position India as a global hub for financial services exports, particularly through platforms like GIFT City.
IT services stocks have had tough two years, with prices coming under pressure from 2025 and the sell-off extending through the first half of 2026.
A resident of Hardoi, Uttar Pradesh, filed an unusual complaint against Lord Indra, the Hindu god of rain, blaming him for incessant rainfall and its disruptive effects. The complaint, submitted through a public grievance portal, requested district authorities to use their "divine contacts" to control the downpour. The heavy rains have caused significant damage, including deaths, injuries, and property destruction across Hardoi and other parts of Uttar Pradesh.
Airtel Africa's mobile payments arm, Airtel Money, has filed for an initial public offering (IPO) on the London Stock Exchange, with the International Finance Corporation (IFC) agreeing to purchase shares worth up to $90 million at the final offer price.
Chief Justice of India Surya Kant affirmed the judiciary's commitment to protecting students' right to peaceful protest during an interaction at CNLU Patna. He also addressed concerns about collegium transparency, stating that disclosure of dissenting opinions could compromise individual dignity. The CJI also praised a proposal to shorten the law degree duration.
The portfolio could be split between listed and unlisted investments, or structured along sectoral lines.
Lucknow police have arrested two individuals for allegedly abducting a youth and holding him captive for four days over an unpaid mobile phone instalment. The victim was reportedly forced to do labour work and had one unit of blood drawn against his will and sold. The accused, one of whom worked for a credit services company, also allegedly extorted money online from the victim.
'The most effective investment approach is one that aligns with an investor's temperament, risk tolerance, and decision-making style.'
75% of India's 60 million digital-payment merchants have never recorded a transaction above 2,000.
The removal of Goods and Services Tax (GST) on individual health and life insurance has led to a significant increase in new policy purchases and higher coverage levels, despite an initial surge moderating, according to industry experts.
An IPO can create excitement, particularly when you see a new issue attracting strong interest from investors. But popularity alone does not make an IPO suitable for every investor. Before you apply, it's crucial to scrutinise the financial performance, risk profile, and valuation of the company. Ultimately, your objective should be choosing a company that aligns with your financial goals.
The Opposition India bloc has threatened to initiate impeachment proceedings against Chief Election Commissioner Gyanesh Kumar, citing alleged irregularities in the Special Intensive Revision (SIR) of electoral rolls. This move comes as the Opposition plans a joint agitation and highlights the constitutional process for removing a CEC, which mirrors that of a Supreme Court judge.
Listing, according to Noel Tata, will fundamentally change how the company and the group have been working over the past 150 years.
J R D Tata, chairman of the Tata group from 1938 to 1991, said that whenever he had to make a difficult decision, he would ask himself, what will be good for India, and what will be good for the Tatas. If he had a doubt, he would decide in favour of India. In the long run, it would turn out well for the Tatas too, he said, points out Arun Maira.
The Finance Ministry has refuted allegations that US pressure influenced the decision to levy a 0.4% Merchant Discount Rate (MDR) on select UPI payments. It clarified that NPCI guidelines prioritise RuPay credit cards on UPI to foster a domestic payment ecosystem and that the MDR introduction aims to create a sustainable revenue model for smaller domestic companies, thereby protecting India's sovereignty in digital payments.
Fitch Ratings has increased India's GDP growth forecast for the current fiscal year (FY'27) to 6.9 per cent, up from 6.4 per cent, attributing the revision to robust economic growth in the June quarter and overall economic resilience. The agency also anticipates the Reserve Bank of India (RBI) will raise interest rates by 0.25 per cent in October.
'Your retirement corpus isn't just a big pile of cash for 'one day' -- it is the salary you pay yourself when you no longer want to go to work.'
The Finance Ministry has refuted allegations that US pressure influenced the decision to levy a 0.4 per cent Merchant Discount Rate (MDR) on select UPI payments. The ministry clarified that the NPCI guidelines prioritise RuPay credit cards on UPI to promote domestic alternatives and ensure a self-sustaining revenue model for smaller domestic companies, countering claims of favouring foreign payment providers.
India's six-member golf contingent, led by silver medallist Aditi Ashok, is set to compete at the Asian Games. The team, comprising experienced professionals like Yuvraj Sandhu, Veer Ahlawat, and Diksha Dagar, aims to add to India's seven past golf medals. They face a strong international field, including PGA Tour stars like Tom Kim and Keita Nakajima, on a challenging course.
Hyundai Motor India Ltd (HMIL) is set to launch a localised mass-market SUV built on a dedicated EV platform, expanding its EV portfolio beyond the IONIQ 5 and CRETA Electric, while also significantly boosting its charging infrastructure and training its workforce.
Chief Election Commissioner Gyanesh Kumar is facing significant scrutiny after an investigation revealed objections from his fellow election commissioners, Sukhbir Singh Sandhu and Vivek Joshi, regarding decisions made during the Special Intensive Revision of voter lists. The objections, reportedly made at least 14 times, concerned issues like changes to voter registration forms and centralised control over electoral roll databases, intensifying criticism of Kumar's tenure and the EC's impartiality.
Rajasthan Governor Haribhau Bagde highlighted ethanol's potential to protect India from volatile petroleum markets and geopolitical risks, advocating for its widespread production and use. He, along with other officials, emphasised ethanol's role in strengthening the rural economy, ensuring timely cane payments, and combating carbon emissions, while also discussing its historical context and current government support.
Gandhinagar's in-charge Chief Fire Officer, Rajeshkumar Patel, was arrested by the Anti-Corruption Bureau (ACB) for allegedly accepting a Rs 20,000 bribe. The bribe was demanded for issuing a Fire Safety Renewal No Objection Certificate (NOC). The ACB successfully trapped Patel after a complaint was lodged.
The Supreme Court has strongly criticised the exorbitant markup on cancer drugs by hospitals, calling it "carnage" and "broad daylight dacoity." The court highlighted a case where a cancer drug was marked up ten times its retail price and urged the Centre to implement a uniform 16% margin on all medicines. It also raised concerns about hospitals forcing patients to buy medicines from their in-house chemists.
Satinderjeet Singh, alias Goldy Brar, a former petty criminal from Punjab, has escalated to become a leader of transnational organised crime and is now featured on the FBI's Ten Most Wanted Fugitives list. The FBI has offered a USD 1 million reward for information leading to his arrest, citing his alleged involvement in assassinations, extortions, and trafficking of narcotics and weapons across the US and Canada. Brar is also linked to the Lawrence Bishnoi gang, designated an "individual terrorist" by India, and accused of orchestrating the murder of Punjabi singer Sidhu Moosewala.
The Cockroach Janta Party (CJP) and its founder Abhijeet Dipke have announced their support for students protesting alleged paper leaks and irregularities in Maharashtra Public Service Commission (MPSC) online examinations. The CJP plans to join the agitation and undertake a statewide tour if demands for the MPSC chairman and secretary's resignations are not met by September 24.
The Chintan Shivir is expected to discuss the progress of government schemes, policy implementation, time management, inter-ministerial coordination, and public service delivery, among others.
The United Arab Emirates (UAE) has expressed intent to invest an additional $25 billion in India, with an ultimate goal of reaching $100 billion in investments, Union Minister Piyush Goyal announced. This comes as both nations plan to enhance cooperation in shipping, ports, energy, and emerging technologies, against a backdrop of expanding bilateral trade.
