In a world where billionaires flaunt luxury cars as status symbols, Warren Buffett continues to defy expectations. At 94, the legendary investor still drives his 2014 Cadillac XTS—hail damage and all—not because he can’t afford a new one, but because he values time more than material upgrades. In a recent interview on September 19, 2025,…
India’s direct tax kitty has recorded a robust 9.18% year-on-year growth, with net collections reaching ₹10.82 lakh crore as of September 17, 2025. The surge is largely attributed to a significant reduction in refunds issued by the Income Tax Department, which fell by nearly 24% compared to the same period last fiscal. According to data…
In a strategic move to expand their global economic footprint, India and the United Arab Emirates (UAE) are exploring the possibility of jointly developing infrastructure and mining projects in third countries. The announcement was made by Union Commerce and Industry Minister Piyush Goyal during the 13th meeting of the India-UAE High-Level Joint Task Force on…
India’s apex policy think tank, NITI Aayog, is spearheading a bold initiative to place the country at the forefront of frontier technologies—those cutting-edge innovations that promise to reshape economies, societies, and global power dynamics. Through its newly established Frontier Tech Hub, NITI Aayog is actively identifying, researching, and scaling technologies where India can lead the…
Online investment platform Groww has filed an updated Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its highly anticipated ₹7,000 crore initial public offering (IPO). The Bengaluru-based company, backed by marquee investors including Peak XV Partners, Ribbit Capital, and Microsoft CEO Satya Nadella, is aiming for a market…
India’s Department of Telecommunications (DoT) is reportedly considering imposing a cap on the number of subscribers that satellite broadband providers like Starlink and Amazon’s Project Kuiper can serve in the country, citing potential revenue threats to domestic telecom operators. The move comes as global satellite internet giants prepare to launch commercial services in India, targeting…
Indian billionaire Gautam Adani’s efforts to resolve a $250 million bribery and fraud case in the United States have hit a major roadblock, as rising geopolitical tensions between Washington and New Delhi complicate negotiations. According to multiple reports including Bloomberg and The Financial Express, Adani’s legal team had been in talks with Trump administration officials…
In a major boost for consumers and the automotive industry, Bajaj Auto has announced price reductions of up to ₹24,000 across its motorcycle and three-wheeler (3W) portfolio following the GST Council’s decision to lower tax rates on select vehicle categories. The revised prices, effective from September 10, 2025, are expected to make Bajaj’s popular models…
In a major policy recalibration ahead of the September 22 rollout of GST 2.0 reforms, the Indian government is actively reviewing proposals to address the long-standing issues of unused Input Tax Credit (ITC) and the inverted duty structure that have plagued several sectors. The inter-ministerial meeting chaired by Cabinet Secretary T.V. Somanathan on September 8…
Chief Economic Adviser (CEA) V Anantha Nageswaran has cautioned that India’s nominal GDP growth for FY26 may fall short of the budgeted target of 10.1% due to persistently low inflation. While the government remains optimistic about achieving the real GDP growth target of 6.3–6.8%, the subdued price environment—driven by a strong kharif harvest, landmark GST…
