A simplified GST registration facility for small e-commerce sellers, allowing them to register in other states by declaring the e-commerce platform's warehouse as their principal place of business, will be enabled from November 1. This move aims to encourage small businesses to expand beyond their home states.
At the heart of the decision is concern over the survival of Meghalaya's neighbourhood retailers.
China has announced new export controls on key machinery, including tunnel boring machines, walking excavators, and dredger components, citing national security. These restrictions, effective November 18, could significantly impact India's infrastructure projects, such as metro systems and high-speed rail lines, as China has previously limited such exports to India.
India's core infrastructure industries recorded a significant growth of 7.9 per cent in September 2026, up from 3.1 per cent in the previous year, primarily fuelled by robust performances in iron ore, electricity, and cement production.
Two merchant vessels with 22 Indian crew members were attacked in the Strait of Hormuz. One ship, MT Petro Dolphin, was hit by a drone, leaving two Indian seafarers missing. Another, MT Valthera, was struck by a projectile, but all 11 Indian crew are safe. India has strongly condemned the attacks, prioritising the safety of its seafarers and calling for de-escalation and upholding freedom of navigation.
The Indian government has permitted Foreign Direct Investment (FDI) in an inventory-based e-commerce model exclusively for the export of domestically manufactured or produced goods, aiming to boost outbound shipments without affecting small local retailers.
A Liberia-flagged oil tanker, Aframax Rio, carrying 23 Indian nationals, was attacked by drone boats off Russia's Black Sea coast near Sochi. All crew members were safely evacuated, though a significant fire is burning. The incident highlights escalating risks to commercial shipping in the Black Sea amid the Russia-Ukraine conflict, prompting India to express grave concern over attacks on international waterways.
India has strongly condemned an attack on a Panama-flagged commercial vessel, MT On Peace, in the Strait of Hormuz, which resulted in injuries to 11 Indian crew members. The Ministry of External Affairs called for an immediate cessation of such attacks, emphasising the need to restore navigation and commerce through international waterways. Omani authorities assisted in evacuating and treating the injured sailors.
Telangana IT Minister D Sridhar Babu stated that Gen Z will be the driving force behind the next wave of AI and green innovation. He urged young innovators to use their skills to solve real-world challenges, particularly in sustainability. The launch of the Green Skills and Applied AI Centre of Excellence in Hyderabad, a partnership between Telangana's IT Ministry, Microsoft, 1M1B, and MeitY Startup Hub, aims to equip graduates with industry-relevant skills in AI, green pharma, solar energy, EVs, and wind energy, with 100 job offers already announced.
Dedicated Ayush dispensaries increased from 26,130 in 2013-2014 to 37,804 in 2024-2025, while hospitals rose much more slowly, from 3,605 to 3,885.
India's wholesale price-based inflation surged to 11.39 per cent in September, up from 9.92 per cent in August, primarily driven by increasing prices of food, manufactured items, and fuel and power.
India on Tuesday reiterated the call for free and safe navigation in international waters and the unhindered flow of commerce through international waterways in the region after the Panama-flagged commercial vessel MT El Gaia came under attack off the coast of Oman, with 13 of the 14 Indian nationals on board rescued while search operations are underway for one missing seafarer.
External Affairs Minister S Jaishankar will host US Secretary of State Marco Rubio in Mumbai on October 20 for talks aimed at strengthening the Comprehensive Global Strategic Partnership. Discussions will cover energy, trade, defence, and critical technologies. The visit also includes celebrations for the 250th anniversary of US Independence. This meeting follows earlier confusion regarding Rubio's visit and will also touch upon the India-US bilateral trade agreement, which both sides are close to concluding. The MEA clarified that hosting foreign dignitaries outside Delhi is a common practice.
Prime Minister Narendra Modi and US President Donald Trump held a telephone conversation to review progress in bilateral ties, covering trade, defence, and energy, against the backdrop of heightened trade friction due to the 'Lindsey O. Graham Sanctioning Russia and Iran Act of 2026'.
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.
China has strongly rejected a US bill that would impose tariffs on countries, including India, for purchasing Russian oil and gas. Beijing views the "Lindsey O Graham Sanctioning Russia and Iran Act 2026" as an act of "long-arm jurisdiction" and interference in its sovereign trade relations, asserting that its economic cooperation with other nations is based on equality and mutual benefit.
India has initiated anti-dumping investigations into imports of Glycine from China, following a complaint by Avid Organics, alleging material injury to domestic manufacturers. Concurrently, a separate anti-circumvention probe has begun concerning CPVC resin from China and South Korea, suspected of being routed through Malaysia, Japan, and Thailand to avoid existing duties.
Chinese President Xi Jinping is set to visit the United States from September 23 to 25 for summit talks with US President Donald Trump, with discussions expected to cover critical economic and trade issues, including AI, and the recently signed US sanctions law targeting countries buying Russian oil and gas.
India has condemned an attack on a Panama-flagged oil tanker off the coast of Oman, which resulted in one Indian seafarer going missing and 13 others being rescued. The Ministry of External Affairs is closely monitoring the situation and coordinating with Omani authorities for search and rescue operations, while also reiterating calls for de-escalation and safe navigation in the region.
Trade and business associations across India are organising a 'No UPI Day' on October 2 to protest the upcoming 0.4 per cent merchant discount rate (MDR) on Unified Payments Interface (UPI) transactions exceeding 2,000, effective from October 15.
Top US and Chinese officials, including Vice Premier He Lifeng and Treasury Secretary Scott Bessent, held "candid, in-depth and constructive" talks in New York on economic and trade issues, with a specific focus on artificial intelligence. These discussions precede Chinese President Xi Jinping's anticipated visit to Washington and occur amidst new US sanctions targeting countries purchasing Russian oil and gas, and the US unveiling an "AI Force."
The National Testing Agency (NTA) is undergoing significant reforms, including the removal of over 50 staff members and the onboarding of new leadership and domain specialists. This comes after recent issues like errors in UGC-NET papers, leading to re-tests, and the cancellation of NEET-UG 2026. The Education Ministry has directed a complete overhaul of exam protocols and a thorough audit of all processes to ensure integrity.
India's wholesale price-based inflation (WPI) increased to 9.92 per cent in August, up from 9.78 per cent in July, primarily due to rising prices across food, manufactured items, and fuel and power sectors.
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.
Government departments are establishing Quick Response Teams (QRTs) to promptly address and counter misleading or fake content circulating on social media. These teams will monitor digital platforms, verify information, and coordinate with fact-checking units to ensure timely and accurate responses to misinformation, with some ministries already having formed their QRTs.
The Retailers Association of India (RAI) has voiced concerns that the government's new 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000 could reverse the progress of digital payment adoption among small retailers. This fee, effective October 15, places the burden on merchants operating on thin margins, potentially pushing them back to cash transactions and undermining the government's formalisation agenda, especially ahead of the festive season.
Delhi Police has implemented a comprehensive multi-layered security system for the upcoming BRICS Summit in New Delhi, deploying 15,000 personnel, 200 paramilitary companies, and over 500 CCTV cameras. The arrangements aim to ensure maximum security for visiting dignitaries while minimising public inconvenience, with extensive coordination across agencies and states, and robust measures at the main venue, Bharat Mandapam.
India has expressed serious concern over Houthi attacks on Saudi Arabia's civilian infrastructure and economic assets, stating that such actions threaten regional stability and freedom of navigation through the Bab-el-Mandeb strait. External Affairs Minister S Jaishankar discussed the issue with his Saudi counterpart. India also condemned the targeting of commercial shipping after an Indian national went missing following an attack on a Panama-flagged ship off Oman.
National Investment and Infrastructure Fund Limited (NIIF) has appointed Gauravjit Singh as managing partner to lead its global capital formation efforts. Simultaneously, PB Fintech's payment aggregator platform, PB Pay, has gone live, offering consolidated payment acceptance for merchants. In a move to enhance trade efficiency, the Directorate General of Foreign Trade (DGFT) has introduced open API integration for Certificate of Origin, allowing exporters to streamline their application processes.
'Major unions should be included. If this goes on, decision-making will become heavily one-sided and we will be forced to continue our strikes.'
Prime Minister Narendra Modi hosted Iranian President Masoud Pezeshkian in New Delhi for talks focusing on the West Asia situation, bilateral relations, and BRICS cooperation. The meeting, Pezeshkian's first visit to India as president, comes amidst heightened tensions in West Asia due to new US sanctions on Iran and concerns over global oil supplies from the Strait of Hormuz. Both leaders emphasised regional stability and economic resilience.
India's proposal to link BRICS payment systems, including central-bank digital currencies (CBDCs), was notably absent from the grouping's New Delhi Declaration, despite being a key agenda item for India's chairmanship. This omission leaves the 16-year effort for trade in local currencies without a settled payment architecture, with the declaration only 'acknowledging' the work of the BRICS Payment Task Force.
A Kishore Kumar song, a birthday cake, a prince's break from protocol to thank his driver, a Persian painting on the ceiling of the presidential residence -- the BRICS Summit had many memorable moments.
Prime Minister Narendra Modi met Iranian President Masoud Pezeshkian at the SCO summit, advocating for dialogue and diplomacy to resolve the West Asia conflict and expressing India's desire to expand and diversify trade with Iran. Pezeshkian, in turn, urged India to leverage its contacts to promote peace.
India's trade deficit reached a six-month high of $31.98 billion in July, driven by a sharp increase in imports, particularly crude oil, electronic goods, coal, and fertilisers. Both merchandise exports and imports recorded their second-highest levels during the same period.
Iranian President Masoud Pezeshkian concluded his visit to India for the 18th BRICS Summit, announcing that Iran and the UAE agreed to move past previous tensions. This diplomatic breakthrough occurred during talks with Abu Dhabi's Crown Prince on the summit sidelines. Pezeshkian also met with PM Modi to discuss bilateral ties and West Asia developments, with Modi emphasising dialogue for regional peace. The BRICS summit adopted the New Delhi Declaration 2026, calling for global governance reforms and de-escalation in West Asia.
An Indian-flagged merchant vessel, MSV Faize Noore Oliya, with 13 Indian nationals aboard, was attacked off the coast of Yemen in the Red Sea. All 13 Indian crew members have been successfully rescued, and India has condemned the attack, calling for an end to targeting commercial shipping in the region.
An Indian national was tragically killed in an attack on the commercial vessel MV OMORFI on July 18 while it was reportedly transiting Russian territorial waters in the Black Sea, the Ministry of External Affairs (MEA) confirmed, condemning the incident and calling for upholding international obligations for maritime safety.
India has attracted foreign direct investment (FDI) worth approximately 4,896 crore across 29 projects since May, following the government's relaxation of norms under Press Note 2 of 2026. The revised rules permit investment without government approval from entities with up to 10 per cent non-controlling ownership by land-bordering countries.
Finance Minister Nirmala Sitharaman stated that India is likely to sustain economic growth of 7 per cent or more in 2026-27, continuing the pace recorded since the Covid-19 pandemic, despite geopolitical uncertainties and supply-chain disruptions.
