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RBI policy meet: MPC begins deliberations on key rates; street divided on 25 bps rate cut

The Reserve Bank of India’s Monetary Policy Committee (MPC) commenced its three-day deliberations on Monday, with markets largely expecting a status quo on the key interest rate. However, some experts see room for a 25 basis points (bps) cut amid benign inflation and GST-driven tax relief. The panel, headed by RBI Governor Sanjay Malhotra, is…

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Bihar rail connectivity: 7 new trains flagged off including 3 Amrit Bharat express; passenger travel, economic activity set to get boost

Union minister Ashwini Vaishnaw, along with Bihar Deputy Chief Minister Samrat Choudhary, on Monday inaugurated seven new trains in Bihar, including three Amrit Bharat Express services. The launch raises the total Amrit Bharat Express services originating from Bihar to 26 out of 30 nationwide, strengthening connectivity within the state and across the country.The newly flagged…

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Indian Railways unveils India-Bhutan rail project; ‘Make in India’ project to cost Rs 4,033 crore – top points to know

Ashwini Vaishnaw India and Bhutan have announced a landmark initiative to establish rail connectivity between the two countries, marking the first cross-border railway project for Bhutan.Foreign secretary Vikram Misri on Monday described it as a “major new initiative” during a joint press conference in Delhi with Union Minister Ashwini Vaishnaw. “There is a major new…

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August IIP: Industrial output grows by 4.0% YoY; mining sector leads growth

India’s industrial sector recorded a steady growth of 4.0% year-on-year in August 2025, according to the Quick Estimates of the Index of Industrial Production (IIP) released by the ministry of Statistics and Programme Implementation. This marks an improvement over the 3.5% growth reported in July 2025. The overall IIP for August 2025 stood at 151.7,…

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Digital infra boost: Tata Communications wins GSTAT project; multi-crore deal to boost benches nationwide

Tata Communications has secured a “multi-crore” order from the Goods and Services Tax Appellate Tribunal (GSTAT) to set up an end-to-end digital infrastructure covering network, IoT, cloud, and security solutions.The company said the project, aimed at streamlining GSTAT’s functioning, will provide seamless access across all benches nationwide, strengthen data security, and deliver a simplified user…

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Lufthansa job cuts: German airline plans to slash 4,000 jobs; who will be affected?

German aviation giant Lufthansa is planning to slash almost 4,000 jobs by 2030, mostly in Germany, as a part of wider efforts to reduce costs after a drop in earnings.Europe’s biggest airline group on Monday announced that the cuts will largely affect administrative roles, leaving pilots and other operational staff largely untouched, AFP reported. Lufthansa’s…

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GST 2.0 complaint portal: National Consumer Helpline gets almost 3,000 complaints; ministry ‘keeping watch on this’

Since the implementation of GST 2.0, the National Consumer Helpline (NCH) has received nearly 3,000 complaints related to the tax cuts, Consumer Affairs Secretary Nidhi Khare said on Monday.“Everyday, we are receiving complaints. So far, we have received close to 3,000 consumer complaints. We are sending them to the CBIC (Central Board of Indirect Taxes…

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Health insurance: Renewals reach record high in FY26; here’s why people are opting for it

Health insurance renewals in India have reached record highs in FY26, thanks to the rising popularity of modular, affordable, and high-cover policies, a report by Policybazaar shows.The report highlighted that over the past two years, plans designed with consumer convenience in mind, catering to different ages, city tiers, and pre-existing conditions, have made health insurance…

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New cars, electronics & more! GST 2.0 and festive season boosts rural spending; what people are buying this Navratri

This Navratri, rural India is spending more on cars, motorcycles, televisions, beauty products, and premium watches, with several categories outpacing pre-GST sales figures.The trend signals a strong revival in entry-level demand following the overhaul of the goods and services tax (GST). More vehicles sold in rural India Automakers like Maruti Suzuki, Hyundai and Tata Motors…

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IPO boom in India: Nearly Rs 1.7 lakh crore raised in 2025; more companies to enter stock market

India’s initial public offering (IPO) market has made a remarkable comeback over the past year, raising nearly double the funds of the previous year even as broader stock markets struggled.Between October 2024 and September 2025, 86 IPOs brought in Rs 1,70,897 crore, compared with Rs 90,436 crore that 88 IPOs raised in the same period…

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