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.
Students protesting against alleged irregularities in Jharkhand's recruitment exams announced burning the effigies of Chief Minister Hemant Soren and Rahul Gandhi in all districts on Sunday, accusing the Jharkhand Mukti Morcha-Congress alliance of "failing to take concrete action" on their demands.
Activist Sonam Wangchuk urged Devendra Nath Mahto, who is on a hunger strike against alleged irregularities in Jharkhand recruitment examinations, to drink water, which Mahto heeded. This comes as other protesters also began an indefinite hunger strike, intensifying demands for the cancellation of the 14th Jharkhand Public Service Commission examination and a CBI inquiry.
Tata Trusts, the majority shareholders of Tata Sons, have proposed merging two operating companies, Tata Electronics Systems Solutions Pvt Ltd (TESS) and Tata Consulting Engineers (TCE), with Tata Sons. This restructuring aims to shed Tata Sons' classification as a non-banking financial company (NBFC) and a core investment company (CIC), thereby allowing it to retain its status as an unlisted private company and resolve ongoing disputes regarding its future ownership.
'Regulations give a particular minimum amount of shares to be given in the OFS or IPO -- without which one cannot do the IPO.' 'We got that number on the day of filing of updated DRHP -- sufficient for us to go live with the IPO.'
The Tata Sons board has voted to reappoint N Chandrasekaran as chairman for a third five-year term, a decision influenced by the Reserve Bank of India's rejection of the company's application to surrender its NBFC registration, which revives the prospect of a stock market listing.
The National Stock Exchange of India Ltd (NSE) has received regulatory approval from SEBI for its long-awaited Rs 30,000-crore initial public offering (IPO), positioning it to potentially become the country's largest-ever public issue.
'India is often skipping legacy cycles and moving directly to advanced AI-driven operations.'
The Congress party has strongly refuted government claims that its MPs on the Parliament Standing Committee on Finance supported a fee on high-value UPI payments. Congress leaders, including Gaurav Gogoi and Manish Tewari, stated that the "UPI tax" proposal was not specifically discussed by the committee, accusing the Modi government of diverting attention from public backlash and appeasing US companies. The government, however, cited the committee's report which pressed for a tiered Merchant Discount Rate (MDR) framework.
'IN-SPACe like an octopus is stretching its tentacles everywhere and choking ISRO.'
The merged InsuranceDekho-RenewBuy entity aims to significantly expand its distribution network across India, offering insurance, mutual funds, and loans, with a strong focus on 'Bharat' (rural India), according to CEO Ankit Agarwal.
Abhijeet Dipke, convenor of the Cockroach Janta Party (CJP), has initiated the 'School Thik Karo' campaign from his native village in Hingoli, Maharashtra, to address the alleged neglect of government schools and advocate for a fee cap on private educational institutions.
'If you listen to a rowdy in a class, he will keep on bullying you.' 'India can say do whatever you want. We will not compromise on anything.'
In a major bureaucratic rejig, the Central government on Thursday promoted six 1995-batch Indian Police Service (IPS) officers holding senior ranks in different Central Armed Police Forces (CAPFs) and the Intelligence Bureau (IB).
The challenge thrown by the youth movement creates the opportunity for a more consequential debate on India's economic trajectory because it must remain centered on India's youth as its driving impulse, asserts former foreign secretary Shyam Saran.
Job aspirants in Jharkhand are continuing their 19-day agitation against alleged irregularities in state recruitment examinations, demanding greater transparency, cancellation of tests, and an independent probe. The protests have led to clashes with police, a political showdown with the BJP, and health concerns for hunger-striking demonstrators, despite government assurances of reforms.
BRICS finance ministers and central bank governors have called for increased representation of emerging-market and developing economies in the IMF and World Bank, while also criticising unilateral tariffs and trade measures, as the expanded bloc aims to bolster financial cooperation amidst global fragmentation.
Students in Jharkhand are intensifying their protests against alleged irregularities in state recruitment examinations, demanding Chief Minister Hemant Soren's resignation and planning to gherao his residence on August 20, while the CM assures impartial investigations and systemic reforms.
NPCI International and Uzbekistan's NIPC have partnered to enable UPI payments across Uzbekistan, allowing Indian tourists, business travellers, and students to make instant merchant payments using the UZQR code. This agreement, approved by RBI and CBU, integrates UPI with Uzbekistan's national payment system, HUMO, facilitating direct P2M payments from Indian bank accounts and reducing reliance on foreign exchange or international cards.
A constable in Uttarakhand's Pithoragarh district, Sher Singh, has been dismissed from service for participating in a political demonstration in New Delhi and violating service rules. A departmental inquiry found him guilty of gross misconduct. Singh had previously gone viral for alleging corruption in state recruitment exams and was already suspended for unauthorised absence, besides being named in a land-grabbing FIR.
The Ministry of Statistics and Programme Implementation (MoSPI) has upgraded its official data portal to be directly readable by AI models, aiming to prevent reliance on non-credible sources. This initiative includes standardising 288 priority datasets and addressing semantic interoperability challenges to improve public service delivery.
The Trump administration has reinstated and expanded the "public charge" rule, making it harder for immigrants seeking green cards if they have used public benefits like Medicaid, food stamps, or housing assistance. This policy change, effective September 18, will impact many applicants, including those from India, by broadening the criteria for inadmissibility.
Ayatollah Ali Khamenei was killed in US-Israeli strikes on February 28.
Thousands of job aspirants in Jharkhand clashed with police during a protest against alleged exam irregularities, demanding a CBI probe and comprehensive reforms in the state's public service commissions.
Potential external candidates include Anup Bagchi, Rajiv Sabharwal and CSB Bank's Pralay Mondal.
Clashes erupted between police and students in Jharkhand protesting alleged irregularities in recruitment exams, even as the high court provided interim relief by staying notifications cancelling appointments for Child Development Project Officers and those recruited through JSSC-CGL tests.
Union Finance Minister Nirmala Sitharaman announced the government's plan to establish a high-powered committee to examine reforms for the banking sector, aligning it with the vision of a 'Viksit Bharat' (Developed India) and India's next phase of growth.
The Indian government has confirmed its readiness for a Lok Sabha debate on the ongoing student protests and police action, with Union Home Minister Amit Shah set to address the concerns, particularly those related to the NEET paper leak issue.
More than a dozen Shiv Sena functionaries, including district and city unit chiefs and an MLA's son, have been booked for allegedly assaulting, abusing, and threatening hospital staff in Palghar. The incident occurred after 'govindas' injured during Dahi Handi celebrations were brought for treatment, and a dispute arose over medical bills. The NCP (SP) has condemned the incident, calling it an attack on the medical system and the rule of law, and demanded strict action.
Karnataka Minister K H Muniyappa has publicly voiced his dissatisfaction with the portfolio allocation in the new D K Shivakumar government, citing a lack of consideration for seniority. He urged the Congress leadership to review the assignments, highlighting his preference for portfolios like Social Welfare or Agriculture, and noted that another senior minister, Ramalinga Reddy, also resigned over the issue.
Amidst widespread student protests over the NEET paper leak, the Indian government has introduced the Public Examinations (Prevention of Unfair Means) Amendment Bill, 2026, in the Lok Sabha. The bill proposes significantly stricter punishments, including jail terms of up to 10 years and fines of up to Rs 50 lakh for individuals involved in paper leaks, and up to Rs 10 crore for organised crimes, aiming to enhance transparency and fairness in public examinations.
The United States Central Command announced strikes against Iranian military targets, including air defence and communication sites, in retaliation for alleged attacks on commercial shipping and US personnel. However, Iran's Foreign Ministry claims these strikes caused over 50 civilian casualties at a wedding and vowed a firm response. Iran's state media also reported retaliatory ballistic missile and drone attacks on US bases in Jordan and Bahrain, claims which were partially corroborated by Kuwait and Jordan reporting intercepted drones and missiles.
If the strike materialises, banking services, especially in public sector banks, would be impacted for four days in many parts of the country. September 11 is a Friday, and the subsequent two days are bank holidays.
India is set to introduce a new amendment to its anti-paper leak law in the Lok Sabha, aiming to establish fast-track courts across all states and union territories for swift trials and significantly harsher penalties for exam malpractices, including jail terms of 5 to 10 years and fines up to Rs 50 lakh for individuals, and up to Rs 10 crore for organised crimes.
Students intensified their protest over alleged irregularities in recruitment examinations in Jharkhand with five demonstrators joining an indefinite hunger strike, even as Chief Minister Hemant Soren on Wednesday said the question paper leak issues are a national problem and offered talks to resolve the impasse.
The search for N Chandrasekaran's successor as Tata Sons Chairman has reportedly narrowed to Tata Steel CEO T V Narendran, Tata Sons Executive Director Saurabh Agrawal, and NSE MD & CEO Ashish Chauhan, with Chauhan emerging as a potential 'dark horse' candidate.
Corporate leaders' half-life has shrunk over the past few decades. That is the Tata experience as well. Over 144 years till 2012, Tata Sons had just five chairmen. However, in the 15 years till 2027, the same group will see three, points out R Gopalakrishnan.
'One important clarification is that the reported US action is not a blanket cancellation of all US tourist visas.'
The Jharkhand government is holding fresh discussions with student aspirants protesting alleged recruitment exam irregularities, even as the health of key protest leader Devendra Nath Mahto has significantly deteriorated after being on an indefinite hunger strike for about a week.
Milky Mist Dairy Food Ltd has set the price band for its Rs 1,553 crore Initial Public Offering (IPO) at Rs 133-140 per share, with subscriptions opening on August 11 and closing on August 13.
