Luxury carmakers seek GST clarity ahead of festive season

Sales are suffering as a result of prospective clients adopting a wait-and-watch attitude due to the ongoing uncertainty, industry officials said. Indian luxury automakers have demanded prompt clarification on the new GST rates, arguing that it is essential to maintaining the auto industry’s momentum over the approaching holiday season. GST Clarity Crucial for Automakers Finance … Read more

AI robot greets visitors with confidence

Ai robot

AI Humanoid Robot at SCO Summit 2025: The Shanghai Cooperation Organization (SCO) has an AI humanoid robot that has taken center stage. It will help the visitors and media professionals. It has various characteristics and is proficient in three languages. AI Humanoid Robot at the 2025 SCO Summit: China is the birthplace of Shanghai Cooperation … Read more

India-focused funds face sixth consecutive week of outflows

Usa dollar

Since March, globally mandated funds have accounted for approximately 45% of equities inflows, making them the only category exhibiting significant momentum. The most recent Global Liquidity report from Elara Capital shows that, despite India’s ongoing outflows, international investors are shifting to diversified equities funds as market volatility increases. Since March, globally mandated funds have accounted … Read more

Bullion Gains on Weak US Jobs Data

With immediate resistance at Rs 1,05,100 per 10 gramme and later resistance at Rs 1,06,860 per 10 gramme, the gold rally is anticipated to continue into the next week. Dollar Movement Amid Fed As investors considered ongoing inflation worries, mounting political pressure on the Federal Reserve, and mounting expectations for a September rate decrease, markets … Read more

Vashishtha Luxury Fashion IPO

Ipo

The Vashishtha Luxury Fashion IPO consists of a 7,99,200 share offering that is completely new. On September 5, Mumbai-based Vashishtha Luxury Fashion, an exporter of embroidery, accessories, and completed clothing, will open for public subscription with the goal of raising Rs 8.87 crore. An totally new issuance of 7,99,200 shares forms part of the IPO. The … Read more

Khurja Shopkeeper Gets ₹1 Billion Tax Fraud Notice

Money

The victim and his family were astonished when the Income Tax Department handed a warning to a small grocery operator in Khurja, Bulandshahr, for tax evasion of almost one billion rupees. Fraudulent Firms Shock Shopkeeper Sudhir, the victim, claims that six Delhi-based businesses were established using his Aadhaar and PAN card fraudulently. The police have … Read more

India’s Forex Reserves Drop by $4 Billion in a Week

Usa dollar

Foreign currency Reserve: This week has seen a sharp drop in foreign currency reserves after two weeks of growth. The reserves had earlier touched a record high of $704.89 billion on September 27, 2024. It had increased by about $1.4 billion in the week before to this. India’s foreign currency reserves have seen a significant … Read more

Bihar Election Commission Issues Notice on 3 Lakh Voter IDs

Three lakh persons, the most of whom are probably from Bangladesh and Nepal, have had their citizenship questioned by the Election Commission in the special review of the Bihar voter list. Citizenship Verification in Bihar These persons are required to submit citizenship paperwork by September 25th. According to the Commission, these individuals are from the … Read more