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    Sikkim govt to introduce Aadhaar-based biometric attendance for employees from Oct 1
    Swastika Infra Limited Announces Launch of Initial Public Offering
    S&P, Fitch, others raise FY’27 India GDP growth projections; see RBI rate hike on inflation fears
    Centre for Trade and Investment Law Hosts Webinar on WTO Fisheries Subsidies Agreement
    Banks to remain open on Sunday, 27th September, for convenience of customers
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September 23, 2026
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Monetary policy tightening may follow resilient growth as inflation, conflict risks, and weather pressures reshape economic projections.
FY27 GDP growth projections were raised to a range of 6.9%-7.1% on stronger June-quarter activity, resilient demand, investment, consumption, exports, capital inflows and limited supply disruptions. Growth may moderate as energy costs reduce purchasing power, activity slows and weather risks persist. Policy-rate tightening is projected as an inflation response, with forecasts of a 25-basis-point increase and temporary rate rises to offset price pressures.
September 23, 2026
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Fisheries subsidy disciplines require transparent reporting, domestic monitoring, and coordinated implementation to address harmful subsidies and IUU fishing.
Fisheries subsidy disciplines target support linked to illegal, unreported and unregulated fishing, fishing of overfished stocks subject to rebuilding conditions, and fishing on the unregulated high seas. Members accepting the Agreement must implement and administer these disciplines and comply with notification and transparency obligations. Effective implementation depends on reliable fisheries data, monitoring and reporting systems, vessel registration, inter-agency coordination and technical capacity.
September 23, 2026
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Essential banking service continuity requires Sunday operations by public sector and regional rural banks during the proposed strike.
Public Sector Banks and Regional Rural Banks will function normally on Sunday, 27 September 2026, to prevent an extended interruption to public banking needs during the proposed nationwide strike. Reserve Bank approval covers full operation of branches, offices, ATM-link branches and Currency Chests, alongside measures intended to maintain uninterrupted essential banking services.
September 23, 2026
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Money laundering allegations in public recruitment describe CSR-linked payments, examination manipulation, and candidate payments treated as proceeds of crime.
Money-laundering allegations concerning state public-service examinations identify two alleged streams of proceeds of crime: corporate social responsibility funding allegedly routed to an institution controlled by the former commission chairman in return for favouring selected candidates, and money allegedly collected from candidates and families for advance access to examination papers and secured selection. The alleged CSR payment was projected as legitimate institutional funding, while candidate-related collections were allegedly possessed, used, transferred, or projected as legitimate transactions.
September 23, 2026
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Banking service continuity measures require public sector and regional rural banks to operate on Sunday during the proposed strike.
Banking-service contingency arrangements require Public Sector Banks and Regional Rural Banks to operate normally on Sunday, 27 September 2026, ahead of a proposed three-day bank strike. Reserve Bank approval permits bank branches, offices, ATM-linked branches and currency chests to remain fully operational. Customers are advised to use mobile banking, ATMs, internet banking, BC Points and UPI if the strike occurs, and to complete essential transactions in advance.
September 23, 2026
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Inflation-driven monetary tightening may accompany strong growth as demand, price increases and adverse supply conditions shape rate expectations.
Inflationary pressures, robust demand, price rises and adverse supply developments are expected to lead to policy-rate tightening by RBI. Fitch anticipates a 25-basis-point rate rise in October, further tightening in early 2027, followed by easing in 2028. Growth projections were upgraded following stronger-than-expected June-quarter activity, but activity is expected to moderate as the effects of GST rationalisation and income-tax cuts recede, manufacturing and services slow, and below-normal monsoon conditions affect activity.
September 23, 2026
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GDP growth forecast rises as domestic demand, investment, and public capital spending sustain economic resilience amid external risks.
India's GDP growth forecast for the current fiscal year is raised to 7 per cent, supported by investment demand, resilient consumption, manufacturing and services activity, lower-than-expected supply disruptions, and sustained capital inflows. Domestic demand, infrastructure expenditure, regulatory reforms, and improving private investment are expected to support growth. Inflation is projected to remain within the central bank's target range, subject to risks from geopolitical uncertainty, commodity prices, and weather-related disruption. Fiscal management is supported by public capital expenditure and robust direct-tax revenue.
September 23, 2026
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Primary and secondary investment funds ammunition manufacturing expansion, increasing small-caliber capacity and establishing medium-caliber production.
Hughes Precision Manufacturing Pvt. Ltd. completed a Rs. 250+ crore investment round through primary and secondary investments. The capital will expand small-caliber ammunition capacity from approximately 80 million to 220 million rounds and establish a dedicated medium-caliber ammunition manufacturing facility. The expansion broadens its product portfolio and is supported by an order book exceeding Rs. 1,000 crore, including domestic defence and export orders scheduled for execution over approximately two years.
September 23, 2026
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GDP growth outlook signals resilient expansion, but inflation, weaker rural demand, and supply pressures may prompt monetary tightening.
India's FY 2026-27 GDP growth forecast is raised to 6.9 per cent from 6.4 per cent, reflecting strong June-quarter growth and economic resilience. Economic momentum is projected to moderate as slower manufacturing and services expansion, below-normal monsoon rains, and rising inflation constrain demand. Strong demand, price increases and adverse supply conditions are expected to lead to monetary tightening.
September 23, 2026
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FEMA scrutiny of insolvency acquisitions examines fund flows and possible indirect control by potentially ineligible resolution participants.
FEMA investigation concerns suspected foreign-exchange contraventions and the source and movement of funds used to acquire control of McNally Bharat Engineering Company Limited following its corporate insolvency resolution process. The inquiry also examines whether the process may have enabled persons potentially ineligible under Section 29A of the Insolvency and Bankruptcy Code, 2016, to regain indirect control of the company.
September 23, 2026
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Export facilitation reforms integrate local support, digital trade intelligence, and streamlined Free Trade Agreement procedures to improve market access.
Export facilitation reforms contemplate integrated Commerce and Industry offices and trained local personnel to provide exporters with common access points and district-level handholding support. The Trade Connect platform is envisaged to provide product-wise and HSN-code-wise tariff, Free Trade Agreement and procedural information, supported by digital and AI-enabled tools. Reforms also address electronic verification of Certificates of Origin, integration across the export cycle, digitalisation, simplified trade documentation, reduced compliance burden, and adherence to international quality standards.
September 23, 2026
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Monetary policy outlook: resilient growth and persistent inflation support a projected policy-rate increase amid weather and geopolitical risks.
India's FY27 growth outlook is revised upward to 7 per cent from 6.6 per cent, supported by industrial activity, consumption, goods exports and government investment. Consumer inflation is projected to average 5.1 per cent. Persistent inflationary pressures, solid growth, conflict in West Asia and weather-related risks are expected to support higher interest rates, while below-normal monsoon rainfall may affect agricultural output and food inflation.
September 23, 2026
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Trade partnership frameworks seek diversified market access through proposed economic agreements, investment cooperation, stronger business linkages, and improved connectivity.
Trade and market-access cooperation is to be advanced through a proposed Comprehensive Economic Partnership Agreement with Chile, a proposed Free Trade Agreement with Peru, and expansion of the Preferential Trade Agreement with MERCOSUR. The frameworks seek mutually beneficial outcomes while respecting respective sensitivities and priorities. Diversified trade, investment and business partnerships are envisaged through stronger business-to-business linkages, improved connectivity and more predictable market access.
September 23, 2026
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Diplomatic engagement amid armed conflict continues as parties discuss reopening strategic waterways, energy security, and a potential negotiated settlement.
Diplomatic engagement between the United States and Iran resumed amid an ongoing armed conflict. The engagement concerned reopening the Strait of Hormuz and returning to negotiations toward a settlement, while the United States position combined willingness to engage with threats of escalated military action if an agreement was not reached. Regional consultations also addressed risks to oil carriage, energy supplies, and navigation through strategic waterways.
September 23, 2026
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Bilateral comprehensive trade agreement negotiations aim for conclusion at the G20, supporting diversification and renewed economic ties.
Comprehensive trade agreement negotiations between Canada and India are progressing, with both governments aiming to conclude discussions by the mid-December G20 summit. Formal negotiations commenced in March, accompanied by a broader commitment to complete the agreement by the end of 2026. The proposed arrangement forms part of renewed bilateral economic engagement and Canada's strategy to diversify trade relationships, strengthen market access and reduce dependence on a single market.
September 23, 2026
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Diesel export restrictions may worsen refinery constraints and consumer fuel costs amid global refining capacity disruptions.
Possible restrictions on diesel exports are being considered to address rising domestic diesel prices amid disruption to global refining capacity. Oil industry representatives oppose an export ban, contending that it could aggravate refinery-sector constraints and worsen supply conditions. They advocate increased supply and operational flexibility instead of new export restrictions, while farm-state senators support a diesel export ban.
September 22, 2026
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District-led economic development will align local resources, enterprise support and export promotion to strengthen regional economic opportunities.
The Uttar Pradesh Enabling District-Led Economic Growth project is proposed to convert district-specific resources into investment, employment, entrepreneurship and export opportunities. Its framework combines economic activity with stronger local administration and major investment proposals suited to local needs. Economic diversification is to expand manufacturing and services alongside agriculture, while local products are to receive improved design, packaging and access to global markets. Proposed measures also include enterprise development, women entrepreneurship, skills training, healthcare, agricultural processing and polyhouse development.
September 22, 2026
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Healthcare access integration enables local outpatient ticketing and appointment booking through banking correspondents, alongside employee banking and patient-support initiatives.
The partnership integrates SKIMS outpatient ticketing and appointment booking with J&K Bank's Banking Correspondent network on a six-month pilot basis, enabling local access for patients in rural and remote areas. J&K Bank serves as SKIMS's banking partner, offers customised employee banking benefits, supports hospital infrastructure through corporate social responsibility assistance, enables public contributions to the poor-patient endowment fund through a mobile application, and provides digital financial literacy and wealth-management programmes.

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Road-Tested & Wallet-Approved: 2024's Hottest Used Cars

February 28, 2025

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Gurugram, Haryana, India (NewsVoir) In 2024, India witnessed a shift in the car market. More people were opting for used cars than ever before, and the demand even outpaced new car sales! So, what exactly sparked this change in the second hand car market? Well, a few key reasons – the rising cost of new cars, the need for budget-friendly options, and the rapid growth of urban areas. People wanted reliable, affordable ways to get around, and pre owned cars fit the bill perfectly. Read the full story on 2024's best second hand cars to know more about the best selling variant, transmission & fuel preferences of the above cars.

According to CARS24’s report, “Gears of Growth,” Maruti Suzuki and Hyundai dominated the scene, with Maruti leading the pack, accounting for 36% of all used cars sold, while Hyundai followed closely with 22%. But which used cars were the real stars of 2024? Let's dive in and find out which models took the spotlight! 1. Maruti Suzuki Swift First up, the pre-owned Maruti Suzuki Swift - this little hatchback was the undisputed champion, accounting for 6% of all used car sales in 2024. The Swift had been a bestseller for years in the second hand car market, and its popularity showed no signs of fading. People loved its sporty look, reliable performance, and budget-friendly price. It was a hit with both young buyers and families looking for an affordable yet stylish option. The Swift’s fuel efficiency (up to 25 kmpl!) and low maintenance costs made it a no-brainer for many.

2. Hyundai i10 Next, we have the pre owned Hyundai i10. Even though it was getting a bit older, the i10 still managed to stay relevant in the used car market, accounting for 4% of sales. Its compact size made it perfect for city driving, and it offered a smooth, comfortable ride with features like power windows and a responsive steering system. With a fuel economy of around 19 kmpl, it was a great choice for daily commuting.

3. Honda City Now, let’s talk about the second hand Honda City, the go-to sedan for comfort and luxury. In 2024, the City was the most popular used sedan, making up 3.5% of all used car sales. Known for its spacious interior, plush features, and smooth ride, the City was a favorite for those who wanted a little extra refinement without breaking the bank. Whether it was the third or fourth generation, the Honda City was all about performance and efficiency, with the petrol version offering around 17 kmpl and the diesel clocking in at over 22 kmpl.

4. Maruti Suzuki Swift Dzire If you were looking for something a bit more stylish than the Maruti Suzuki Swift but still practical, the second hand Maruti Suzuki Swift Dzire was the perfect option. This compact sedan captured 3.5% of the used car market in 2024. With a spacious cabin, decent tech features, and a smooth ride, the Dzire struck the ideal balance between comfort and affordability. And with fuel efficiency of up to 25 kmpl, it was an economical choice for those who wanted to save on running costs.

5. Maruti Suzuki Wagon R 1.0 The used Wagon R, a staple on Indian roads for years, was another favorite in 2024, especially the 1.0-liter variant. Its tall-boy design, roomy interiors, and practicality made it perfect for families and first-time car buyers. With fuel efficiency around 21 kmpl and extremely low maintenance costs, it was an ideal choice for budget-conscious buyers. The best part? 95% of used Wagon Rs sold in 2024 had a manual transmission, proving that people loved the simplicity and control it offered.

6. Hyundai Grand i10 Finally, we have the Hyundai Grand i10, a car that continues to shine in the pre owned car market. Its compact design and feature-packed interior made it especially popular with urban buyers. With features like rear AC vents, keyless entry, and a touchscreen infotainment system, the Grand i10 offered a lot of bang for the buck. The petrol version, with a mileage of around 19 kmpl, was the most preferred, and Hyundai’s extensive service network made ownership hassle-free.

Wrapping it up In 2024, the used car market in India was driven by value-conscious buyers looking for reliable, affordable options. The Swift, i10, Wagon R, and City stood out for their practicality and performance, while the Dzire and Grand i10 offered extra comfort and features. As the second hand car market continues to grow, it’s clear that consumers are making smart, well-researched choices to get the most out of their purchases – and it looks like the trend is here to stay! (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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