The GST Council is weighing a framework that would shield bona fide buyers from losing input tax credit when suppliers fail to deposit taxes, while preserving enforcement against those knowingly engaged in fraudulent transactions. The move could mark a significant recalibration of India’s indirect tax regime, shifting recovery efforts toward defaulting sellers rather than penalising compliant purchasers.
The DMK has moved the Election Commission of India seeking action against a TVK candidate from Dharapuram over an alleged violation of poll expenditure rules. The complaint, filed by DMK MLA S. Austin with Chief Electoral Officer Archana Patnaik at the Secretariat in Chennai, adds a fresh compliance dispute to the election campaign in Tamil Nadu.
AceVector, the parent of e-commerce platform Snapdeal, closed its maiden trading session at ₹26.10, finishing 18.5% below its issue price and signalling a cautious reception from public investors. The listing underscores the market’s demand for clearer profitability and growth visibility from consumer internet companies entering the public markets.
India’s performance at the Aichi-Nagoya Asian Games 2026 will be read not just as a medal count, but as a test of whether the country is ready to think seriously about hosting the Olympics. The central argument is blunt: without a sustained rise in sporting standards, India should not bid for the Games merely to project ambition. The issue is no longer symbolism, but whether the country can match aspiration with competitive depth, infrastructure, and institutional discipline.
Finance Minister Nirmala Sitharaman has framed the next phase of GST reform as a central instrument in India’s economic transformation, arguing that lower tax burdens, simpler compliance and a more predictable system can strengthen growth. In a detailed column, she pointed to rising collections, wider business participation and stronger consumer demand as signs that the indirect tax regime is maturing while states remain key partners in shaping its future.
India’s startup ecosystem entered Tuesday with a familiar mix of caution and ambition, as investors, founders and policymakers continued to navigate a market defined by tighter capital discipline, regulatory scrutiny and a renewed push for sustainable growth. The day’s developments underscored how startups are increasingly being judged not just on scale, but on governance, unit economics and long-term resilience.
PhysicsWallah has sold loans worth Rs 95.79 crore, signalling a strategic retreat from its direct student-lending push launched in May. The move suggests the edtech company is reassessing capital allocation, credit risk and operational focus, and is increasingly leaning on third-party lenders to finance education loans.
India have been urged to maintain discipline and concentration as they prepare for a potentially tricky contest against Uruguay. The message from Jamil underscores the need for composure, tactical clarity and sustained intensity rather than complacency in a fixture that could demand patience as much as flair.
Meesho shares climbed sharply in late trade after Jefferies reiterated its bullish view on the e-commerce platform, helping extend investor optimism around the company’s growth prospects. The stock ended the session 5.2% higher at ₹238.40, after touching stronger intraday gains on the back of the brokerage’s retained Buy rating.
Defence Minister Rajnath Singh on Friday launched the Indian Navy’s first indigenous fleet support ship, Surya, at Hindustan Shipyard in Visakhapatnam, marking a significant step in India’s naval self-reliance drive. Built with 82% indigenous content, the 43,500-tonne vessel is designed to refuel and resupply multiple warships at sea, strengthening the Navy’s operational reach and endurance.
Pranavi of Mysore delivered a composed final-round par 70 to secure the gold medal with a four-day total of 15-under 265, capping a performance built on control rather than risk. The result underlined her ability to execute a pre-set strategy under pressure and close out a championship with discipline.
India’s tractor retail market weakened in September, with dealers selling 76,906 units, down from 87,977 in August, according to data from the Federation of Automobile Dealers Associations. The decline points to softer rural purchasing power after monsoon-related stress disrupted farm cash flows and delayed buying decisions in key agricultural regions.
Ragnarök lived up to the billing in the feature event, producing a performance that combined control, timing and late pressure management to seize the decisive moment. The result sharpened attention on the contest’s tactical depth and underlined how margins, not reputation alone, are deciding outcomes in India’s increasingly competitive sports landscape.
The Gujarat government has extended the registration deadline for farmers seeking to sell groundnut, moong, soybean and urad under the minimum support price mechanism to October 24. The move is aimed at giving growers additional time to complete formalities after the initial window, easing pressure on procurement-linked sales in a key Kharif marketing phase.
Sai Prithviraj is drawing fresh attention in Tamil cinema after earning strong praise for his turn as Sabari in Balaji Tharaneetharan’s film. With industry watchers now tracking his next appearance in Dhanush’s 'D56', the young actor is increasingly being viewed as one of the most promising new faces in the region’s crowded talent pipeline.
Nepal’s Home Minister Gurung will travel to India from October 12 to 14 to attend a BIMSTEC home ministry-level meeting, underscoring the regional bloc’s growing focus on internal security cooperation. The visit comes at a time when member states are seeking tighter coordination on cross-border crime, disaster response and institutional links that support broader economic stability.
The Delhi government is preparing to issue tenders for electric vehicle charging stations at 180 locations, marking a significant operational step in the capital’s clean mobility push. The move follows the implementation of the government of national capital territory of Delhi’s EV policy on July 1, 2026, and is expected to widen charging access across the city’s transport network.
The National Payments Corporation of India is considering a 0.4% merchant discount rate on select UPI transactions, a move that could help recover roughly ₹13,000-15,000 crore in annual costs while keeping most consumer payments free. NPCI chief executive Dilip Asbe said the proposal reflects the need to restore investment incentives after six years of zero MDR, with most of the charge expected to fall on large merchants already accepting card payments.
Indian steel and metal shares advanced in afternoon trade after the government extended the minimum import price regime on 66 steel products, a move seen as supportive for domestic producers facing import competition. Hindustan Zinc, Hindalco, Jindal Steel, JSW Steel and Tata Steel all rose more than 1% from the previous close, reflecting a broad-based market response to the policy signal.
Credit card spending in India fell 2.8% in August to ₹2.02 lakh crore from ₹2.08 lakh crore in July, signalling a moderation in consumer card usage even as year-on-year spending remained higher. Banks also added fewer new cards during the month, with fresh issuance easing 5.6% to 1.19 million, taking the total outstanding card count to 124.1 million.
The Reserve Bank of India on Thursday cancelled the registration certificates of five non-banking financial companies, while eight others surrendered their licences for a range of business and structural reasons. The actions underscore the central bank’s continuing clean-up of the NBFC sector, where regulatory compliance, corporate restructuring and business viability remain under close scrutiny.
Civil Aviation Minister K. Rammohan Naidu said India could have its first Made-in-India civilian aircraft in about two years, underscoring the scale of opportunity in the country’s fast-expanding aviation market. He pointed to more than 1,600 aircraft on order by Indian airlines, valued at roughly $100 billion, as evidence that the sector is entering a decisive phase of fleet expansion and industrial ambition.
The GST Council is expected to consider a proposal on October 8 that could allow small businesses to use a single registered address to sell through e-commerce platforms, potentially easing compliance for micro and small sellers. The move, if advanced, would mark a notable shift in indirect tax administration by reducing a long-standing operational hurdle for digitally enabled trade.
Public sector banks and older private lenders have advised customers to complete essential transactions ahead of a three-day nationwide strike beginning September 28, warning that branch services may be disrupted if the protest goes ahead as planned. The government has already directed public sector banks to remain open on Sunday to reduce inconvenience and help customers clear urgent payments, cash withdrawals, and other time-sensitive banking needs.
The euro hovered close to a 17-month low on Monday as investors weighed renewed political uncertainty in the euro zone, rising concern over France’s fiscal position and the implications of Spain’s vote. The dollar, meanwhile, held firm as higher U.S. Treasury yields and sticky inflation reduced expectations for near-term Federal Reserve easing.
The Prime Minister on Tuesday shared a Sanskrit subhashita underscoring the importance of good character and disciplined conduct, using the classical verse to reinforce a familiar theme in public life: that moral integrity remains central to leadership and social trust. The message, though brief, fits a broader pattern in which the government leader periodically invokes India’s civilizational and ethical traditions to frame contemporary governance.
India’s Ministry of Rural Development has issued a formal notification listing 375 permissible works under the VB-GRAM framework, a move that is expected to sharpen implementation clarity for rural development spending. The notification provides a more defined operational architecture for local planning, execution, and monitoring, with implications for how funds are channelled into village-level infrastructure and livelihoods.
A new entertainment quiz framed around “easy like Sunday morning” is drawing attention to one of Indian culture’s most durable themes: sisters rising together in public life. The concept taps into a broader audience appetite for stories of sibling ambition, shared identity, and women’s expanding visibility across film, music, and digital media. In a crowded content market, the angle is less about trivia than about how family narratives continue to shape celebrity culture in India.
Government sources have clarified that a proposed 0.4% merchant fee on UPI transactions above Rs 2,000 will not be charged to consumers, easing concerns over a possible cost increase for digital payments. The National Payments Corporation of India said only a small portion of transactions may be affected, while the Indian Banks' Association is expected to address market misunderstandings soon.
Dronetech and skill development startup AITMC Ventures has filed its UDRHP with the Securities and Exchange Board of India for an initial public offering comprising a fresh issue of shares. The filing marks a significant step for the company as it seeks public capital to support expansion across its technology and training businesses.
The proposed listing comes at a time when India’s startup market is seeing selective but steady interest from public investors, particularly in companies with a clear operating model and a link to national priorities such as advanced manufacturing, skilling, and defence-adjacent technologies.
The Confederation of All India Traders has rejected media and social media claims that it endorsed a nationwide “No UPI Day” on October 2. The clarification comes amid heightened sensitivity over reports linking the proposed MDR levy on certain UPI transactions above Rs 2,000 from October 15 to a possible merchant backlash.
Furniture and appliance rental startup RentoMojo reported a 39% year-on-year decline in consolidated net profit to ₹7.8 crore for the June quarter, even as revenue surged 51% to reflect stronger operating momentum. The first financial disclosure since its listing suggests the company is prioritising scale and customer growth, but at the cost of near-term profitability.
Diljit Dosanjh will bring his Aura World Tour to seven Indian cities across November and December, with the domestic leg opening in Delhi-NCR on November 1. The run marks one of the year’s most closely watched live-entertainment circuits, underscoring the singer-actor’s rare cross-market pull in India’s fast-expanding concert economy.
Dalal Street’s 2025 startup listing boom has reset expectations for India’s venture-backed companies, with 18 startups making market debuts and drawing strong investor attention. As 2026 begins, founders and backers are now weighing whether public markets can sustain that appetite amid tighter scrutiny, valuation discipline and a more selective equity environment.
A year after India’s blind women cricketers won global acclaim, several players say the material rewards promised to them have yet to arrive. Captain Deepika T.C. of Madakasira in Andhra Pradesh’s Sri Sathya Sai district remains without the house site she was assured, underscoring the gap between celebratory rhetoric and delivery.
Tamil Nadu Chief Minister M.K. Stalin has condemned the arrest of protesting nurses, accusing the TVK-led government of betraying frontline health workers who were demanding job security, equal pay, and permanent employment. The arrests have triggered sharp political backlash, with AIADMK leader Edappadi K. Palaniswami also criticising the police action as heavy-handed and unjustified.
England produced one of their most emphatic results in recent international football, crushing Croatia 7-0 to strengthen their position in League A, Group Three. Spain, meanwhile, kept their flawless start intact with a victory over the Czech Republic, leaving the group race finely balanced at the top.
BharatPe has endorsed the new UPI merchant transaction framework, saying it supports a more sustainable digital payments model while keeping UPI free for consumers and shielding small merchants from undue cost pressure. The company also clarified that former co-founder Ashneer Grover’s criticism reflects his personal views, not the firm’s position, as debate intensifies over how India should fund the next phase of UPI growth.
IndiGo will increase its fuel surcharge on domestic and international tickets from October 6, with the domestic hike ranging from ₹100 to ₹350 depending on flight distance. The move reflects continued pressure from aviation fuel costs and is likely to feed into ticket prices at a time when airlines are balancing demand recovery against margin stress.
India and Switzerland have agreed to deepen trade and investment ties, address market access concerns, and widen cooperation across defence, nuclear energy and mobility as the Trade and Economic Partnership Agreement completes its first year. The discussions between Prime Minister Narendra Modi and Swiss President Karin Keller-Sutter come as both sides seek to convert a landmark pact into measurable commercial gains.
Reliance Industries is preparing to raise Rs 10,000 crore next week through a 10-year bond, underscoring a sharp pickup in corporate borrowing as banks sit on surplus liquidity. The move comes as other issuers, including Adani Airport Holdings, line up debt sales this Friday, ahead of the Reserve Bank of India’s policy decision on October 7.
The Institute of Chartered Accountants of India is preparing to propose changes to the Chartered Accountants Act, a move aimed at enabling Indian accounting firms to grow larger and compete more effectively with global peers. The initiative follows discussions at the Prime Minister’s Office on regulatory adjustments for domestic professional services firms and is expected to reshape networking and practice rules.
India’s ongoing white-ball planning has opened a valuable pathway for fringe and ‘A’ team cricketers to press their claims in One-Day Internationals. With the senior side balancing workload management, form, and squad depth, the next round of ODI opportunities could prove decisive for players on the cusp of national selection.
Hamsadhwani’s latest Parampara Concert became a tribute to one of Carnatic music’s enduring family traditions, with Malladi Suribabu receiving the Sathguru Thyagaraja Hamsadhwani Award before a performance that brought three generations of the Malladi family together. The event underscored how lineage, pedagogy and concert practice continue to shape the living heritage of South Indian classical music.
TVS Automobile Solutions has secured Rs 425 crore from a UAE-based investor to scale its myTVS auto aftermarket platform, with a particular focus on expansion across the Middle East and North Africa. The funding underscores growing investor interest in digitally enabled automotive services and cross-border aftermarket platforms targeting fragmented repair and maintenance markets.
Civil Aviation Minister K. Rammohan Naidu said India could see its first made-in-India civilian aircraft within two years if a joint venture advances as planned, marking one of the clearest signals yet of the government’s intent to deepen domestic aerospace manufacturing. His remarks come as the country’s commercial aviation order book crosses 1,600 aircraft, underscoring both the scale of demand and the urgency of building local capability.
As veteran Telugu filmmaker Singeetham Srinivasa Rao, 94, prepares for the release of his new film 'Sing Geetham,' a new wave of admiration is underscoring the scale of his influence on Indian cinema. Directors Vivek Athreya, Mohana Krishna Indraganti and Venkatesh Maha have revisited his landmark films, framing Rao not only as a master storyteller but as a rare innovator whose work continues to shape contemporary filmmaking language.
Mysuru golfer Pranavi delivered a composed final-round par 70 to secure gold with a four-day total of 15-under 265, underlining the value of disciplined execution over the closing stretch. Speaking after the victory, she said the result unfolded exactly according to her game plan, a reflection of control, patience and tactical clarity under pressure.
Kumkum Mohod delivered a landmark performance at the Asian Games, becoming the first Indian woman to win an individual recurve medal and converting it into historic gold. The victory also secured India an Olympic quota, underscoring a breakthrough moment for the country’s women’s archery programme.
Kerala’s plan to draft a new Bill on private health care has revived scrutiny of the Kerala Clinical Establishments (Registration and Regulations) Act, 2018, a law intended to bring both public and private providers under a common regulatory framework. The move has also sharpened tensions with the private health sector, which continues to resist tighter oversight even as the state argues that affordability and accountability must go hand in hand.
