Ishita Ranganath

GST reform to deliver faster refunds, relief for middle class: FM

Finance Minister Nirmala Sitharaman stated that the GST reform was aimed at providing relief to middle class, farmers and small businesses. She added, that rate rationalisation would enhance affordability, boost consumption and make essential goods accessible to a wider population. The reforms are based on three pillars - structural reforms, rate rationalisation and ease of living, she said .

Sep 18th, 2025

GST reform to deliver faster refunds, relief for middle class: FM

Bhawana Chaudhary

An audio clip purportedly of an HDFC Bank employee and Indian Army personnel's call has surfaced. The employee told the Army man, "If you were educated, you'd be working in good company, but you've been sent to border...That's why your children are...disabled and...you end up becoming martyrs." "If you were from big family, you'd not take ₹15-16-lakh loans," she added.

Sep 18th, 2025

Bank staff insults Army man, questions his education in audio call

Medhaa Gupta

A 23-year-old man has been arrested for allegedly defrauding a bank in Uttar Pradesh's Agra using an overdraft trick. The accused, who runs a small shop, opened an account with ₹500 at an HDFC Bank branch and then reportedly exploited the overdraft facility to withdraw ₹5 crore via multiple transactions. As per police, he apparently invested ₹3.5 crore of money.

Sep 18th, 2025

Man withdraws ₹5 cr from bank after depositing ₹500 using overdraft trick in UP

Ishita Ranganath

Nearly 37% of Tata Electronics' FY25 revenue was generated from iPhone shipments made to the US, stated the company. Further, its filings with the Registrar of Companies (RoC) shows that exports to the US were worth over ₹23,112 crore. Ireland was the second-largest revenue contributor for Tata Electronics at 23%, while Indian domestic market shipments were at 20% of revenue.

Sep 18th, 2025

iPhone shipments to US make 37% of Tata Electronics' total revenue

Anmol Sharma

EPFO has introduced a new facility called 'Passbook Lite' within its member portal. The feature will enable members to easily check their passbook and related summarised view of the contributions, withdrawals and balance in a simple and convenient format. The initiative is expected to improve user experience by providing all key services, including passbook access through one login.

Sep 18th, 2025

EPFO launches 'Passbook Lite'

Bhawana Chaudhary

Gautam Adani issued a statement after SEBI cleared stock manipulation allegations by US-based Hindenburg Research against him and Adani Group firms. "After an exhaustive investigation, SEBI has reaffirmed what we've always maintained, that Hindenburg claims were baseless," wrote Adani. "We deeply feel the pain of investors who lost money because of this fraudulent and motivated report," he added.

Sep 18th, 2025

SEBI reaffirmed what we always maintained: Adani on Hindenburg case clean chit

Anmol Sharma

Gold prices have declined for the second day in a row in Delhi bullion market, according to the All India Sarafa Association. Gold prices plunged ₹600 to ₹1,13,200 per 10 grams on Thursday. Meanwhile, silver prices rebounded after Wednesday's decline, by rising ₹300 to ₹1,31,500 per kg.

Sep 18th, 2025

Gold declines for 2nd day in a row, silver jump ₹300 per kg

Sakshita Khosla

Businessman Samir Modi- brother of fugitive businessman Lalit Modi- has been arrested by Delhi Police in connection with a rape case. Samir was apprehended at Indira Gandhi International (IGI) Airport while trying to board a flight, reports said. The 55-year-old has been accused by his former live-in partner, who demanded ₹50 crore to settle the matter, The Indian Express reported.

Sep 18th, 2025

Lalit Modi's brother Samir arrested at Delhi airport on rape charges

Ishita Ranganath

A Morgan Stanley report predicts that adopting artificial intelligence could impact 90% jobs and unlock annual net benefit of around $920 billion. Agentic AI software could contribute around $490 billion to the benefit, while humanoid robots could account for remaining $430 billion. Productivity boom could translate into $13 trillion to $16 trillion increase in market cap for S&P 500 index.

Sep 18th, 2025

AI may impact 90% of jobs, yield $920 billion: Morgan Stanley

Lab-grown diamond startup Lucira has secured $5.5 million (₹48 crore) in seed funding led by Blume Ventures and Spring Marketing Capital. Founded in May 2025 by Rupesh and Vandana Jain, Lucira plans retail expansion, design upgrades, and a strong marketing push. With rising demand for sustainable jewellery, Lucira aims to blend ethics, design, and modern retail.

Sep 18th, 2025

Lucira raises $5.5 million for lab-grown diamond jewellery

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