Business Standard

Transport industry bodies say the GST Council's decision to limit highway inspections to intelligence-based checks will reduce unnecessary stoppages, delays and penalties

Govt, tech cos, telcos, fin institutions must come together: PM at IMC

US Labour Department suspends Cognizant, Infosys, Tata, Wipro, HCL, Capgemini, Microsoft and Adobe from the permanent labour certification programme.

The GST Council's decision to allow input tax credit on employee group health and life insurance is expected to reduce coverage costs for employers, particularly MSMEs

Air India, Air India Express and Akasa Air have raised or introduced fuel surcharges from October 9 as airlines seek to offset higher aviation turbine fuel prices amid the West Asia conflict

Nifty slides 1.64% as rising crude prices, higher US Treasury yields and geopolitical tensions trigger broad-based selling

The GST Council has proposed exempting storage and warehousing services for seeds meant for sowing, along with coffee-curing services provided by coffee curers to cultivators

Multilingual, integrated and outcome-focused deployments gain ground as enterprises increasingly partner with technology providers

TSMC reports record third-quarter revenue of $46.71 billion, beating market estimates as surging demand for AI applications drives chip sales.

The acquisition brings Augment Code's Cosmos and Auggie CLI products into Harness, strengthening its push towards autonomous coding, testing, security and software deployment

NPCI MD and CEO Dilip Asbe joins Swift's 15-member supervisory board, which will oversee the global financial messaging network's strategy and strengthen international cooperation

Air India and Air India Express have suspended Riyadh services until October 10, while IndiGo has cancelled several flights and diverted a Hyderabad service to Dammam

The proposed 2,000 MW interconnection from Imphal to Singapore through Myanmar, Thailand and Malaysia aims to boost electricity trade, clean energy integration and regional energy security

GQG Partners entities sold 36.5 crore ITC shares worth 9,395.4 crore in a block deal on the BSE, with mutual funds among the buyers, as the stock fell 4.03% on Thursday

The decision to invest in these funds should depend on how much control you want over market cap allocations

Shares of Paytm, MobiKwik and Pine Labs declined amid reports that the proposed UPI merchant discount rate could be deferred to January 2027 from October 15

The Supreme Court has directed the Centre to constitute a committee to examine statutory regulations on pharmaceutical marketing, including gifts and incentives offered to doctors

Citi has helped Indian companies raise nearly $16 billion through debt and equity markets in 2026 and advised on M&A transactions worth over $36 billion amid strong deal activity

PepsiCo cuts its 2026 core earnings forecast and plans deeper cost reductions as weak North American demand and margin pressure delay its turnaround.

New Delhi [India], October 8: In a first-of-its-kind rural initiative at a national scale, In-Dot Sports Pvt. Ltd. and Prasar Bharati today announced the launch of the Kisan Cricket League (KCL), a nationwide sports and entertainment platform designed to create a unique opportunity through an organized pathway for cricket and singing talent from rural and semi-urban India to reach the global stage.

Commerce Minister Piyush Goyal says India's export target is achievable despite subdued global trade growth, citing strong domestic businesses, MSMEs and new FTAs

Move could cut MRPs by up to 70%, save patients 2,500 crore annually; comes amid SC scrutiny of high mark-ups

Jane Street seeks order logs and counterparty details to defend itself in the market manipulation case, while Sebi argues that it has disclosed all material relied upon so far

West Bengal Finance Minister Swapan Dasgupta calls the 57th GST Council meeting very, very positive, highlighting ease of doing business and improved compliance.

Banks bid 79,655 crore in the RBI's 29-day VRRR auction against 2 trn offered, while the 10-year benchmark yield rose to 7.29% amid expectations of OMO sales

Several banks, including BoB, PNB and Indian Bank, raise repo-linked lending rates by 25 bps after the RBI's policy rate increase, making loans costlier for borrowers

Samsung forecasts record Q3 profit of 107.4 trillion won as AI-driven memory chip demand fuels earnings, while tight supply and rising chip costs pressure its smartphone business.

The FM said the Council has also taken steps to make the movement of goods smoother by limiting inspections, detention and seizure to officers of the supplier or destination state

NITI Aayog member R Balasubramaniam says the proposed GDKP will help identify India's knowledge assets as AI advances, while urging universities to focus on competencies

The proposed 750 MW integrated green data centre park will be developed across locations in the Mumbai Metropolitan Region, with operations expected to begin in 2028

Muzaffarnagar (Uttar Pradesh) [India], October 8: Muzaffarnagar is witnessing a gradual transformation in its urban and real estate landscape, driven by improving connectivity, changing consumer aspirations and the growing demand for organised, well-planned communities. As the city and surrounding regions evolve, integrated developments that bring residential, commercial, lifestyle and social infrastructure together are emerging as an important part of this transformation. At the centre of this

The Supreme Court asks the Centre and amicus curiae to propose a permanent corpus for SMA patients, funded through CSR contributions and government grants to ensure treatment support

The Crime Branch of the Delhi Police has registered an FIR to investigate the violence that broke out during the Cockroach Janta Party's (CJP) protest in the national capital on July 20, police sources said on Thursday. The probe will focus on identifying people allegedly responsible for the violence and examine whether it was premeditated, the sources said. On the directions of the Supreme Court, the Delhi Police had cancelled 17 FIRs registered at multiple police stations in the New Delhi dist

Union IT Minister Ashwini Vaishnaw says the proposed AI framework will focus on safety, security, skilling and a human-first approach, with industry playing a key role in regulation

Higher rates could lift deposit returns while raising borrowing costs and affecting debt fund returns

Monsoon disruptions, higher input costs and geopolitical tensions weigh on infrastructure firms' Q2FY27 performance, though strong order books provide revenue visibility

UK health science firm partners with Kynora Life Sciences to launch DNA and epigenetics testing kits priced between 25,000 and 85,000, targeting personalised wellness in India

HDFC Bank proposes 35.9 crore in annual compensation for incoming MD & CEO Anup Bagchi, including 26.92 crore in variable pay, besides a 7.35 crore joining bonus

Brokerages expect weak Q2FY27 earnings for agrichem firms as deficient rainfall, subdued demand and elevated input costs squeeze margins, prompting earnings downgrades

Kolkata (West Bengal) [India], October 8: Everything else should explain why this honour matters and why he deserves it.

JSW Steel on Thursday said that its consolidated crude steel production increased by 5 per cent to 7.27 million tonnes (MT) in the second quarter of the current financial year. The company's crude steel output was 6.95 MT in the year-ago period. The production at the company's Indian operations rose by 5 per cent year-on-year to 7.07 million tonnes during the second quarter, over the corresponding quarter. In a regulatory filing to BSE, the company said that the capacity utilisation of its India

From piano and saxophone lessons to live gigs and jam sessions, jazz is creating a small but distinctive music economy in India. But learning it involves more than paying for classes

Canadian author Anne Carson won the Nobel Prize in literature Thursday for her bold and inventive oeuvre that, in playful dialogue with the classical tradition, has created new forms for contemporary literature. The prize was announced by the Swedish Academy in Stockholm. The prize money this year is 12 million Swedish kronor (about USD 1.

RBI's October Monetary Policy Report flags widening price pressures across goods and services, with food and fuel inflation adding to concerns over second-round effects

The GST Council has approved refunds of accumulated tax credits on input services from November 1 and plant and machinery from April 2027, alongside wider ITC eligibility for business expenses

Bharat Microfinance Report 2026 flags rising climate risks to rural credit as NABARD warns of potential rabi crop stress following a deficient monsoon and urges better underwriting

UIDAI has split name changes into minor and major categories, with different proof, affidavit and Gazette requirements for each case.

Indian seafarers often work on foreign-flagged ships in conflict zones. Here is how Indian and international laws, flag states and government agencies assist them during emergencies

GST Council ends GST officers' arrest powers; 10,000 limit for notices

As India scales digital infrastructure under the 'Scale Without Boundaries' theme, cybersecurity is emerging as a parallel priority, with AI accelerating both attacks and defence