The Economic Times

Australia referring to the WTO panel in the India sugar and sugarcane dispute which found in 2021 that Indias sugar support regime was inconsistent with its WTO obligations and subsidies were in excess of levels permitted under WTO rules.

School assembly news headlines for September 30 cover major developments across India and the world, including political updates, flood concerns, global diplomatic developments, AI news and major achievements by Indian athletes. The bulletin also highlights key business developments, including pharmaceutical tariff exemptions, a legal challenge by Red Bull and Essar Groups proposed US steel project.

Index of Services Production: In July, India's services sector experienced significant growth, with 17 of 19 sub-sectors reporting year-on-year increases. Administrative and support services demonstrated the highest growth rate at 20.9%, while retail trade followed closely at 18.5%. The newly introduced Index of Services Production provides timely insights into economic activity within this sector. Although many services grew, some areas like air transportation and repair services faced contract

Moody's Ratings indicates that India's fertility rates have fallen below replacement level, affecting its population structure. As a result, India is expected to have a much older population by the end of the century. This demographic shift may lead to a smaller working-age population, limiting productive capacity. It also suggests that such trends could weaken household and consumer demand across the economy.

On Tuesday, Indian government bonds rebounded, marking the end of a four-day downturn spurred by softer US Treasury yields and declining crude oil prices. Despite this rally, apprehensions linger over persistently high global yields and the risk of inflation. The Reserve Bank of India may soon increase rates, complicating the bond landscape further. Additionally, significant factors like banking system liquidity and debt supply continue to challenge the market.

India Mobile Congress 2026 will showcase the pivotal role of Artificial Intelligence in revolutionizing telecom network operations. Focusing on AI-native frameworks, experts will address advancements like zero-touch networks and digital twins. The event promises engaging discussions on AI's impact on network performance and strategic decision-making, with sovereignty and control over AI systems also featuring significantly in the dialogue.

High gold prices, combined with increased taxes, are encouraging more buyers to engage in cash transactions. This trend allows buyers to save significantly compared to official market prices based on reported cases. As import levies have doubled, the informal gold market is thriving, especially leading up to wedding season. Retail customers are discovering varying discounts, influencing their purchasing decisions significantly.

A recent report highlights that nearly 80 percent of home shoppers in India discover products via social media. The home and household market is projected to grow 1.6 times and reach USD 260 billion by 2030. Consumers, especially younger ones, are increasingly using digital channels for their purchases and research. Retailers leveraging augmented reality technology are seeing improved revenue and reduced returns.

India's economy is reportedly stable despite ongoing global uncertainties and tensions affecting many countries. Domestic demand is a significant factor contributing to this stability, as stated by principal secretary Shaktikanta Das. The active performance of industrial and services sectors further supports this positive outlook on economic growth. Additionally, there is a pressing need for India to decrease its reliance on oil and gas imports.

JioStar is betting that Indias next phase of sports viewing will combine live matches with AI, commerce, regional languages and interactive features. With Indian-language viewing accounting for 90% of watch time and integrations such as Swiggy driving transactions, the broadcaster is looking beyond eyeballs to turn its growing sports audience into a broader digital commerce opportunity.

In a thrilling encounter, the Indian men's volleyball team triumphed over Qatar with a close 3-2 win at the Asian Games. This hard-fought victory marks their third straight win, securing a slot in the quarterfinals. After trailing by two sets, India made a remarkable comeback, thanks to Jerome Vinith's stellar performance with 27 points, along with strong support from Amit Singh Balwan and Joel Benjamin Jebaraj.

The new NCERT class 9 social science textbook outlines invasions of the Indian subcontinent from the 7th century. These invasions were primarily driven by territorial expansion and religious motives, impacting various communities. Indian rulers and communities engaged in resistance against Arab, Turkish, Mughal, and European forces during these periods. The textbook emphasizes the resilience and resistance shown by groups such as the Jats and Sikhs.

According to an EY India report, India could add over 100 million long-term investors by 2035 as investing expands beyond metros and affluent households. Despite having more than 550 million active UPI users, only around 62 million people invest in mutual funds and about 50 million actively participate in equities, highlighting the large untapped investor base.

Indian government bonds experienced a rise after a sharp selloff raised benchmark yields. US Treasury yields decreased, leading to investors unwinding their short positions. Reports of potential US-Iran talks contributed to the buying momentum observed in the market. Concerns over inflation and global borrowing costs have influenced expectations for a Reserve Bank of India rate hike.

EverBrands India Ltd is gearing up to raise Rs 600 crore via an initial public offering of equity shares. This funding will support the repayment of debts and finance the establishment of new Subway outlets. As a multi-brand food and beverage platform, Culinary Brands India has experienced remarkable revenue growth in the quick-service restaurant sector over the past two fiscal years.

India's golf contingent, featuring experienced players like Aditi Ashok and Yuvraj Sandhu, is set for the Asian Games. The event will take place at Kasugai Country Club's East Course from September 30 to October 3. With no cuts in play, both men's and women's teams can focus on securing medals. South Korea's Tom Kim and Japan's Keita Nakajima are among the top players in the competition.

Recent WHO surveillance data reveals that H1N1 accounts for a significant percentage of influenza cases in India. The data indicates that H1N1 represented 75% of positive influenza samples, surpassing the regional average of 50%. Older adults, young children, pregnant women, and individuals with underlying health conditions are at greater risk. Health experts recommend vaccinations and good respiratory hygiene to mitigate the impact of the virus.

Ruias, following the bankruptcy of Essar Steel, are planning a new steel venture in Iowa. This project involves a $15 billion steel plant, aiming to produce 10 million tonnes annually. Financing has already been secured for the Minnesota iron-ore mine, which is integral to the operation. The Iowa plant is expected to create around 1,750 permanent jobs alongside thousands of construction jobs.

India Mobile Congress 2026 has introduced Viksit Tech 47 to aid Indian technology firms in achieving global prominence. This platform aims to support companies in several technology sectors, including artificial intelligence and IoT. A flagship report assessing over 200 Indian tech companies will be released at the event. Viksit Tech 47 will also implement the Dr Zarabi Indigenisation Award for startups in hardware development.

Uday Shankar, at FICCI FRAMES, discussed the media industry's responsibility in building Brand India. He highlighted the need for diverse storytelling in news, entertainment, and sports. Shankar emphasized that media shapes society's imagination and aspirations for a better future. He acknowledged the industry's changes with a younger generation bringing innovative ideas and solutions. Overall, he believes the media's role is critical in shaping India's narrative and identity.

The Delhi High Court has annulled an order from FSSAI regarding Red Bull India's product labeling. Justice Amit Mahajan ruled in favor of the company on the grounds of natural justice. The court has allowed FSSAI to issue a fresh show-cause notice to Red Bull India. This decision enables the company to present its case effectively. FSSAI can pass a new order after following proper legal processes.

Trump endorses India's Essar group's $18 Bn steel plant in US, but targets same in Delhi; here's why

West Bengal Chief Minister Suvendu Adhikari has assured Indian Oil Corporation of land for its petrochemical complex. The company requires 175 acres for its expansion, with 85 acres already arranged by the Haldia Development Authority. The remaining land can possibly be sourced from the Haldia Dock Complex. This expansion aims to enhance profitability through the integration of petrochemical projects with the existing refinery.

The INDIA bloc is planning a high-level meeting to address recent disagreements within the Election Commission. Samajwadi Party President Akhilesh Yadav will not attend as he has prior commitments at a farmers conference in Lucknow. A senior leader from his party will represent him at the upcoming meeting. Earlier, Congress leader KC Venugopal responded to Union Minister JP Nadda regarding allegations against the Election Commission.

Neeru Dhanda secured the gold medal in women's trap shooting at the Asian Games, marking a historic achievement. She entered the competition with strong form after winning a World Cup title in Lonato, Italy. Dhandas qualifying scores positioned her as a joint leader, showcasing her skills throughout the rounds. Alongside teammates Aashima Ahlawat and Manisha Keer, India contended for a team medal as well.

External Affairs Minister S Jaishankar has noted that India and China have improved relations recently. He emphasized that resolving border issues has contributed to the normalization of ties between the two nations. Jaishankar explained that the long standoff affected official exchanges and contacts while trade continued. The minister highlighted that both countries benefit from improved relations, as it reduces dependencies on third parties.

India cannot risk its industrial ambitions and environmental commitments by having a static framework, particularly when the global order is fragmenting and protectionism is rising.

Menander said there was a very strong positive momentum in India-Sweden ties and that the focus now should be on delivering on the existing agenda.

Kashi Ropeway: Trial runs underway for Indias first urban transport ropeway

The second edition of multinational air exercise Tarang Shakti 2026 is underway in Jodhpur, featuring advanced fighter jets like the US F-35A. Running until October 12, the drill promotes interoperability, joint training, and strategic defence cooperation among participating global air forces.

The Indian men's cricket team will compete against Sri Lanka in the semifinals of the Asian Games. Sri Lanka advanced due to their higher ranking, despite their quarterfinal against Nepal being abandoned. Consistent rain has caused multiple quarterfinal matches, including India's, to be washed out in Nagoya. The second semifinal features Pakistan facing Bangladesh on the same day. Both semifinals are scheduled to take place this Thursday.

Gulveer Singh will compete in the men's 5000m final as India continues its campaign at the Asian Games. Several medal opportunities exist in athletics, including finals in pole vault and high jump events. Indian boxers Parveen Hooda, Ankush Panghal, and Narender Berwal are set to contest semifinal matches. Shooting events will also conclude, featuring competitors in trap disciplines.

Across Hyderabad's tech corridors, weekend mornings look different than they did a year ago. Instead of sleeping in, growing numbers of young professionals are lacing up before sunrise, drawn less by fitness fads and more by the discipline a race date brings to an otherwise unpredictable work week. The Times Internet Half Marathon, coming to the city, is set to be the stop for many of them.

Grandmaster Rameshbabu Praggnanandhaa attended the ISSO National Chess Championship in Ahmedabad. He observed over 425 young players, indicating significant growth in chess participation. Praggnanandhaa encouraged parents and schools to support children's involvement in the sport. He emphasized chess teaches crucial skills like decision-making and patience. The event featured various age categories for both boys and girls.

Transforming old gift boxes into practical storage solutions can elevate your home organization. Smaller boxes can easily become drawer organizers for miscellaneous items, while larger ones serve as chic desk organizers for your workspace. Shallow boxes can be turned into ideal jewelry storage. This creative reuse not only minimizes waste but also provides cost-effective ways to keep your belongings tidy.

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