Foreign portfolio investors pulled out over ₹20,000 crore in September, driven by rising crude prices, surging US bond yields, and rupee pressure.
Category: Business
Six companies line up IPOs worth ₹3,825 crore amid brisk primary market activity
Primary markets witness strong activity as six major firms, including Adroit Industries, finalize public share offerings set to open in late September.
After October 1, only smaller 5 or 10 kg LPG refills await non-eKYC households
Ministry of Petroleum mandates biometric Aadhaar authentication for 14.2 kg subsidised LPG cylinders, limiting unauthenticated accounts to small cylinders.
Himanta Sarma lays foundation stone for Adani Power’s ₹48,000 crore 3,200 MW Assam project
Assam Chief Minister Himanta Biswa Sarma inaugurated work on Adani Power’s massive thermal energy development project.
Saharanpur traders demand rollback of 0.4% fee on UPI merchant payments
Local retail and merchant associations in Uttar Pradesh staged demonstrations against new transaction processing fees levied on digital payments.
India disburses maiden soil carbon DBT payments of ₹2.9 crore to Punjab and Haryana farmers
Grow Indigo and ICAR’s carbon program monetized regenerative farming techniques over 30,000 acres.
BIS revises official hallmarking tariffs for gold and silver articles
The Bureau of Indian Standards issued updated fee structures applicable to certified jewelers and assay centres.
Commerce Ministry exempts small export consignments up to ₹3 lakh from RCMC rules
Export facilitation reforms relaxed registration documentation for micro-exporters to promote cross-border e-commerce.
Finance Ministry sources confirm 18% GST on UPI Merchant Discount Rate is eligible for input credit
Tax authorities clarified that merchant discount charges qualify for full input tax offset to protect business margins.
Chief Economic Advisor urges corporate India to step up investment and domestic wage growth
V. Anantha Nageswaran advised industry to prepare the workforce for technological disruptions rather than rely on legacy models.