The Centre has permitted manufacturers, packers and importers of pre-packaged commodities to revise the maximum retail price (MRP) on unsold stocks until December 31, following recent changes in goods and services tax (GST) rates.

The GST Council has revised rates of a range of fast-moving consumer goods (FMCG), effective from September 22, reducing them from 12 per cent or 18 per cent to 5 per cent.

US President Donald Trump on Tuesday (local time) urged the European Union (EU) to impose tariffs of up to 100 per cent on India and China as part of efforts to pressure Russian President Vladimir Putin, Reuters reported, citing sources. The request, conveyed via a conference call, sought to leverage the two Asian powers’ role as major buyers of Russian oil, which remains vital to Moscow’s economy amid the war in Ukraine.

NDA candidate C P Radhakrishnan on Tuesday won the Vice Presidential elections with 452 votes, beaing Opposition nominee B Sudershan Reddy, who managed only 300 votes. Radhakrishnan will become India's 15th Vice President when he takes the oath of office.

A soft-spoken and non-controversial figure, Radhakrishnan has been the Governor of Maharashtra since July 31, 2024.

India on Tuesday said it is deeply saddened by the loss of many young lives during protests in Nepal and hoped that the issues will be resolved through peaceful means.

Violent protests by youths in Kathmandu and a few other places against a government ban on social media sites on Monday left at least 19 people dead and over 300 others injured.

As the 15th Vice Presidential contest is set to begin, Senior Congress leader Jairam Ramesh on Tuesday said that the country awaits an address from former Rajya Sabha chairman Jagdeep Dhankar, who resigned on July 21, citing health reasons.

However, Ramesh argued that Dhankar's "unprecedented and unexpected" resignation was after he raised concerns about neglect of farmers by the Narendra Modi government in the centre.

Bollywood actor Aishwarya Rai Bachchan has moved the Delhi High Court seeking protection of her publicity and personality rights, Live Law reported.

According to the report, a firm named 'Aishwarya Nation Wealth' used Aishwarya's picture on its letterhead and named her its chairperson.

The Securities Appellate Tribunal (SAT) on Tuesday admitted an appeal by US-based high frequency trading (HFT) firm Jane Street and its affiliates against the Securities and Exchange Board of India (Sebi) over an alleged market manipulation involving the Nifty Bank index.

A three-member SAT bench directed Sebi to file its reply within three weeks. Jane Street can file a rejoinder in the subsequent three weeks.

IT major Infosys is reportedly returning to campuses to recruit fresh graduates, which was on break since the Covid-19 outbreak. This renewed focus on campus hiring comes despite the industry having grappled with low single-digit growth for a second consecutive year, battered by a weak global economic backdrop and the fallout from US tariffs that have drained momentum from manufacturing and retail sectors.

India and Israel on Monday signed a Bilateral Investment Treaty (BIT) in New Delhi to boost financial and economic ties between the two countries, the Union Finance Ministry said.

The treaty was signed between the Finance Minister Nirmala Sitharaman and her Israeli counterpart, Bezalel Smotrich.

The Supreme Court on Monday dismissed a plea filed by the BJP's Telangana unit challenging a high court order which quashed a defamation case against Chief Minister A Revanth Reddy over his speech during the 2024 Lok Sabha poll campaign.

A bench of Chief Justice of India (CJI) B R Gavai and Justices K Vinod Chandran and Atul S Chandurkar said it was not inclined to interfere in the matter.

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