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India's economy must grow by 12.2% annually to tackle underemployment. This is double the current pace. A 7.4% growth rate is needed to maintain stable unemployment. Youth unemployment remains high at 17.6%. Morgan Stanley projects 6.5% growth, but this may not create enough jobs. AI could also curb future job growth, especially in IT services. from News-Economic Times https://ift.tt/Pedv1mN via IFTTT

The ABL members called slain locals "heroes and martyrs" who gave their lives for the people of Ladakh. from News-Economic Times https://ift.tt/GqsipgY via IFTTT

Seoul and Washington agreed in July to a $350 billion investment pledge as part of a broader trade deal to lower US tariffs to 15% from 25%, but the two sides remain divided over how it should be structured. South Korean officials are seeking loans and a bilateral currency swap arrangement with the US to soften the economic impact, noting that the sum represents more than 80% of its foreign reserves. from News-Economic Times https://ift.tt/pbwYRkq via IFTTT

EAM Jaishankar spoke at the UN General Assembly. He discussed the Pahalgam attack. India defended its people. Organizers and perpetrators faced justice. He called terrorism a challenge. Jaishankar urged cooperation among nations. He condemned countries that sponsor terror. Financing of terrorism must stop. Pressure on terror groups is a requirement. from News-Economic Times https://ift.tt/F1Zz8Or via IFTTT

The second version of the Logistics Data Bank (LDB 2.0) will allow real-time tracking of export containers on high seas and trucks within India, aimed at boosting logistics efficiency and reducing costs. NICDC chief Rajat Saini said the system will improve planning, compliance, and global credibility, with features like a live container heatmap to address bottlenecks proactively. from News-Economic Times https://ift.tt/vLEB5T0 via IFTTT

The Centre defended its policy on granting permanent commission to Short Service Commission women officers, asserting compliance with Supreme Court verdicts without discrimination. Aishwarya Bhati, representing the Centre and Army, stated that the 2020 and 2021 verdicts were upheld and faults were corrected. from News-Economic Times https://ift.tt/xgIFB3w via IFTTT

The United States aims to boost energy ties with India. This includes natural gas, coal, nuclear energy, and clean cooking fuels. US Energy Secretary Chris Wright praised India as a "star" in clean cooking fuels. He highlighted India's growing energy needs and economic dynamism. The US seeks increased energy trade and collaboration with India. from News-Economic Times https://ift.tt/WbB6PN1 via IFTTT

Gautam Adani, in a letter to shareholders, stated that the Adani Group aims to enhance governance, innovation, and sustainability, reinforcing its commitment to nation-building through infrastructure investments. This announcement follows the market regulator's clearance regarding the Hindenburg allegations, which Adani sees as a validation of the group's transparency and governance. from News-Economic Times https://ift.tt/x9Iad4T via IFTTT

India's private sector activity experienced a slight moderation in September, registering 61.9, down from August's high, but still indicating strong expansion. New business intakes grew at a slower pace, impacting output and employment. Despite this, optimism remains high among private firms, fueled by expectations of benefits from GST rate cuts, even as international orders saw slower growth due to tariffs. from News-Economic Times https://ift.tt/G0h4yEL via IFTTT

India is planning a comprehensive nationwide survey of its MSME sector in 2026, driven by the statistics ministry at the MSME ministry's request. The survey aims to evaluate enterprise and worker conditions, financial inclusion, credit access, and online sales patterns. This initiative seeks to provide a detailed understanding of the sector's contribution to India's GDP. from News-Economic Times https://ift.tt/fqkU6FG via IFTTT

Intensified security operations against Left Wing Extremists have led to the elimination or surrender of top leaders, aiming to eradicate Naxalism by March 2026. While significant progress has been made, including investments in Bastar and the elimination of key CPI (Maoist) figures, challenges remain with elusive commanders and ongoing casualties. from News-Economic Times https://ift.tt/cDFziXY via IFTTT

Defence Minister Rajnath Singh will visit Morocco from September 22-23. He will inaugurate Tata Advanced Systems' new armoured vehicle production facility. The facility is located in Berrechid. It will manufacture the Wheeled Armoured Platform 8x8. This marks the first Indian defence plant in Africa. Officials call it a milestone under Aatmanirbhar Bharat. from News-Economic Times https://ift.tt/PGpzAtH via IFTTT

Oktoberfest celebrations are set to begin across America. Cities are gearing up for beer, bratwurst, and music. Cincinnati, Denver, and Tempe are among the cities hosting festivities. Frankenmuth and Helen are also preparing for the German festival. Leavenworth and La Crosse will offer unique Oktoberfest experiences. Celebrations will run from September through October. from News-Economic Times https://ift.tt/Fe3h2dk via IFTTT

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The Indian government has waived customs duties on 18 defence-related imports, including missiles, military aircraft, and artillery components, to bolster defence modernization. This exemption, coupled with the elimination of integrated goods and services tax (IGST), aims to reduce costs and support domestic defence capabilities. from News-Economic Times https://ift.tt/OGp7iyZ via IFTTT

The Islamabad High Court nullified the appointment of retired Major General Hafeezur Rehman as chairman of the Pakistan Telecommunication Authority (PTA), deeming the selection process illegal. The court highlighted flaws in the creation of the Member (Administration) post and the subsequent appointment of Rehman as chairman. from News-Economic Times https://ift.tt/ZODszTJ via IFTTT

The Charlie Kirk Show podcast is live now with a special tribute episode hosted by U.S. Vice President JD Vance. The episode airs Monday, September 15, 2025, at 12 p.m. ET, honoring the late conservative activist Charlie Kirk, who was tragically assassinated last week while speaking at Utah Valley University. from News-Economic Times https://ift.tt/M0iUHIJ via IFTTT

The Supreme Court is scheduled to issue interim orders on Monday regarding the Waqf (Amendment) Act, 2025. The orders will address critical issues, including the authority to denotify properties designated as "waqf" by courts, usage, or deeds. This decision follows the court's reservation of orders on May 22 after hearing arguments concerning the Act's validity. from News-Economic Times https://ift.tt/JpEsr0W via IFTTT

The CBIC has clarified that businesses receiving post-sale discounts via credit notes without tax adjustments don't need to reverse input tax credit (ITC). This circular aims to reduce uncertainty and disputes regarding post-sale discounts under GST. GST will only apply to promotional activities with separate agreements and defined consideration, providing clarity on ITC entitlement and tax liability. from News-Economic Times https://ift.tt/4ZPVSgr via IFTTT

Donald Trump's tariff policy faces a legal challenge that could impact US finances. Court decision may lead to large refunds. Treasury Secretary Scott Bessent remains confident of a favourable ruling. Economists highlight the importance of tariff revenue in managing the budget deficit. Businesses express concerns over fluctuating duties. from News-Economic Times https://ift.tt/twYiN0C via IFTTT

Union Minister Nitin Gadkari announced that the National Highways Authority of India aims to segregate all solid waste in the country for road construction by 2027. NHAI has already utilized 80 lakh tonnes of municipal solid waste from Delhi and Ahmedabad in road projects. from News-Economic Times https://ift.tt/mQ1Jgwc via IFTTT

PM Modi announced Rs 1200 crore relief for flood-hit Uttarakhand. from News-Economic Times https://ift.tt/Mcf98Nv via IFTTT

Gold has enjoyed a historic surge in 2025, climbing to levels not seen in decades. As of September 10, 2025, spot gold reached $3,653 per ounce, a 39% gain for the year. Some forecasts suggest gold could climb as high as $5,000 if private investors significantly shift assets into the metal. from News-Economic Times https://ift.tt/3kRzpoL via IFTTT

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Sunday will mark the end of the Daylight saving time —days on which in a bid to ramp up some morning hours in their kitty, folks in most parts of the U.S. move back the time—by an hour—and get some extra bit of shuteye. However, being close to the equator, states like Hawaii and most of Arizona give it a skip. The change brings shorter days, longer nights, and earlier sunsets for many Americans this year. from News-Economic Times https://ift.tt/x3jK7bl via IFTTT

Chief Justice John Roberts allowed President Trump to remove an FTC member, signaling a shift from a 90-year precedent protecting independent agencies. Rebecca Slaughter's firing lawsuit continues, challenging Trump's authority to dismiss commissioners without cause. from News-Economic Times https://ift.tt/1rwglhs via IFTTT

The BJP has condemned Congress President Mallikarjun Kharge for allegedly insulting a farmer during an interaction in flood-hit Kalaburagi. Kharge, in a viral video, questioned the farmer's losses, stating his own were greater due to his larger landholding. The BJP spokesperson criticized Kharge, accusing the Congress of disrespecting farmers and seeking publicity. from News-Economic Times https://ift.tt/y0oRIgd via IFTTT

Bitcoin is at a key stage, and traders are watching October for big moves. Some analysts think it could rise, while others warn of a sharp drop. Support and resistance levels are being tested, and market signals show mixed sentiment. Investors are alert as Bitcoin faces possible high volatility and price changes ahead. from News-Economic Times https://ift.tt/PqfAbBH via IFTTT

Are US citizens receiving a stimulus payment from the Trump administration in 2025? Speculations are rife that the US government might provide $1,390 stimulus payment to Americans but IRS has denied these rumours. However, despite no payment from IRS residents of New York and other states can expect deposits for inflation rebates. from News-Economic Times https://ift.tt/Rbmgh3M via IFTTT

President Trump's pick for a short-term Fed post stated he hasn't discussed a longer-term nomination with the White House. This denial came after senators raised concerns about his potential vulnerability to presidential pressure on interest-rate votes due to his continued role as a White House economic advisor. Miran assured he would remain independent. from News-Economic Times https://ift.tt/GLmBeWN via IFTTT

The Allahabad High Court directed the government to adjust SC MBBS students admitted under a contentious 70% quota in specific medical colleges against vacant seats elsewhere. The court stayed a previous order for fresh counselling, acknowledging potential chaos. The state government must submit an affidavit confirming adherence to the statutory 21% SC quota from the next academic session. from News-Economic Times https://ift.tt/HzKIa6n via IFTTT

Diwali arrives early for the Indian middle class. The GST Council reduces tax slabs to 5% and 18%. Food, essentials, and durables become cheaper. Families save money on various products. Personal care items and smaller cars also see tax cuts. Health insurance becomes exempt from GST. The new rates are effective from September 22, 2025. from News-Economic Times https://ift.tt/6rGtuzT via IFTTT

The CBDT has extended income tax exemptions for sovereign wealth and pension funds investing in India's infrastructure until March 31, 2030. This move, formalized after an earlier announcement, aims to attract long-term global capital by exempting these funds from taxes on dividends, interest, and capital gains. from News-Economic Times https://ift.tt/7ltczmP via IFTTT

India has started providing aid to Afghanistan following the devastating earthquake. External Affairs Minister S Jaishankar assured his Afghan counterpart of continued support. India has already delivered 1,000 family tents to Kabul. Fifteen tonnes of food are being transported from Kabul to Kunar. More relief supplies will be sent from India soon. from News-Economic Times https://ift.tt/x4lNFaV via IFTTT