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Copper policy: India needs to tap more copper reserves; report urges push for mining investment

India must urgently reform its mining policies to attract investment into copper exploration, as demand for the metal surges globally and at home, a new report has cautioned.“Given the rising copper demand across the world and India’s growing copper needs, India must explore and extract more copper, as large resources and reserves lie unexplored and…

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Red sea undersea cables cut: What damaged submarine cables & impacted internet? Here is what experts say

Internet services in parts of Africa, Asia and the Middle East have been disrupted after undersea cables in the Red Sea were cut, highlighting the vulnerability of the global network infrastructure just a year after a similar incident.As the news came to light, many are left wondering as to what may have cut the lines.According…

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Markets slide in August: US tariffs, Russia-Ukraine war hit equity; GST reforms offer cushion

Indian equity markets fell sharply after the US President raised tariffs on Indian exports to 50 per cent in August, creating headwinds for the country’s manufacturing sector and potential economic growth. Further declines were seen due to the escalating Russia-Ukraine conflict. The fall was partially offset by expected benefits from the Prime Minister’s GST reforms,…

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Indian AI startups face US visa hurdles: Entrepreneurs flag delays; Trump administration’s rules complicate access

Several Indian AI startups relocating to the US to be closer to the global hub are running into immigration hurdles, with tighter visa regulations under the Trump administration complicating access and lengthening processes. LatentForce cofounder Aravind Jayendran said his US presence is critical within the next three months for client meetings but visa delays are…

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Pushing back against Trump pressure: India’s state-owned refiners look to fully revive Russia crude oil buys; lack of cargoes an issue

The US tariffs on India aim to increase pressure on Moscow regarding the Ukraine conflict. (AI image) Even as the Donald Trump administration wants India to stop purchasing Russian crude, Indian state-owned refiners are looking to fully revive their purchases of Russia oil. During the four weeks to August 31, India’s seaborne crude imports from…

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India’s low-cost healthcare drives NRI medical tourism; insurance makes care affordable: Report

NEW DELHI: India’s comparatively low healthcare costs and expanding insurance coverage are driving a surge in medical tourism among non-resident Indians (NRIs), according to a new report based on Policybazaar’s NRI claims data from the past three years, cited by Economic Times.Cost advantages Medical procedures in India remain far cheaper than in many global markets….

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GST overhaul: Government permits revised MRPs on unsold stock; use of old packaging allowed till December

The government has allowed manufacturers, packers and importers of packaged goods to print revised MRPs on unsold stock under the new GST rules. They have further been allowed to exhaust existing packaging material and wrappers until December. The decision comes amid repeated appeals by consumer goods companies, which had urged the government to allow clearance…

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IndiGo operations: Airline announces flights connecting Kolkata and Bihar’s Purnea; marks 94th domestic destination

IndiGo on Tuesday announced the launch of direct flights connecting Kolkata and Purnea in Bihar, with operations beginning on September 15. The airline will operate thrice-weekly flights on the route, making Purnea its 94th domestic and 137th overall destination. The flights, to be operated with ATR aircraft, will mark the inauguration of the Purnea airport….

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Hiring outlook dips: Net employment for Q4 down 7 points from last quarter; still retains second-strongest global outlook

Indian employers are set to ease hiring in the October–December quarter even as recruitment sentiment shows marked improvement from a year ago, according to the latest ManpowerGroup Employment Outlook Survey. The net employment outlook, quoted by Economic Times, for Q4 stands at 40 per cent, down seven points from the current quarter but 18 points…

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Reforms, relief and resolutions: Key takeaways from the 56th GST Council

By Anshul Aggarwal and Kunal KohliOptically, the 56th GST Council Meeting is nothing less than a full-fledged Budget announcement from a GST perspective. Convened at a time when global indicators point to a broader economic slowdown — alongside rising trade pressures— the Finance Minister’s address to India’s 140 billion economy reaffirms the strength and credibility…

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