Economy / Market Snapshot – September 2025

General News

• C.P. Radhakrishnan sworn in as 15th Vice President of India.
• General Anil Chauhan’s tenure as CDS extended till May 2026.
• PM Modi encourages citizens to choose swadeshi during festive season.
• PM Modi and Xi discuss trade and security at SCO summit, aim to repair relations.
• SCO nations condemn Pahalgam terror attack; demand perpetrators and sponsors be brought to justice.
• PM Modi holds bilateral talks with Russian President Vladimir Putin in Tianjin.
• PM Modi holds delegation-level talks with Singapore PM Lawrence Wong.
• Mauritius PM Navinchandra Ramgoolam arrives on eight-day visit to India.
• PM Modi speaks to French President Macron; discusses efforts to bring early end to war in Ukraine.
• Trilateral talks between India, Iran & Armenia aimed at developing areas of mutual interest held in Tehran.
• India, Canada NSAs hold talks in New Delhi to boost security cooperation.
• Jaishankar-Rubio hold third in-person meeting this year.
• Jaishankar holds high-level UNGA meet to boost Global South collaboration.
• India unveils roadmap to strengthen nuclear deterrence, drone warfare capabilities.
• Rajnath Singh approves Defence Procurement Manual 2025 to streamline revenue procurement.
• Indian Navy commissions INS Aravali to strengthen its information and communication infrastructure.
• India successfully tests Intermediate Range Agni-Prime Missile from rail-based Mobile launcher system.
• Indian Air Force bids farewell to MiG-21 Aircraft in Chandigarh after six decades of service.
• EC streamlines counting of postal ballots to reduce delays & enhance clarity.
• Centre releases ₹342 crore 15th Finance Commission Grant for rural bodies in Tamil Nadu and Assam.
• Bihar CM Nitish announces transfer of ₹802 crore to 16.4 lakh workers’ accounts on Vishwakarma Puja.
• PM Modi transfers ₹10,000 each to 75 lakh women under Bihar’s ‘Mukhyamantri Mahila Rojgar Yojana’.
• Protests held in Ladakh demanding Sixth Schedule Status and Constitutional Safeguards for Tribal Areas.
• Centre, Manipur govt, Kuki-Zo groups sign agreement; NH-2 to be opened.
• Assam government approves SOP to expel illegal migrants under 1950 Expulsion Act.
• Kerala Assembly passes resolution against implementation of SIR in the state.
• Kerala on alert as ‘brain-eating amoeba’ kills 21.
• BRS leader Kavitha announces quitting party, MLC post after being suspended for ‘anti-party activities’.
• D Raja re-elected CPI General Secretary for third term despite Kerala opposition.
• BJP appoints Dharmendra Pradhan as election in-charge of Bihar, Bhupendra Yadav for West Bengal.
• 40 killed in stampede at actor-politician Vijay’s rally in Tamil Nadu’s Karur district.
• Telangana’s Bathukamma festival creates two Guinness World Records.
• Heavy rainfall causes significant flooding in J&K, Himachal Pradesh, Punjab and Uttarakhand.
• India receives above-average monsoon rains for second straight year.
• SC refuses to stay Waqf Law; puts on hold certain provisions of Waqf Amendment Act 2025.
• Supreme Court-appointed SIT gives clean chit to Vantara.
• Cabinet approves 5,023 MBBS & 5,000 PG Seats in govt medical colleges at ₹15,034 crore.
• NIRF Ranking 2025: India rankings out for 17 categories, IIT Madras tops in overall category.
• Malayalam actor Mohanlal honoured with Dada Saheb Phalke Award 2023.
• Netanyahu agrees to Trump plan to end Israel’s war on Gaza.
• Qatar joins U.S. and Israel in trilateral mechanism after Gaza plan.
• 26 Western Allies pledge to deploy troops in Ukraine after war ends.
• Russian President Putin and North Korean leader Kim meet for bilateral talks in Beijing.
• Pakistan PM Sharif, Army Chief Munir meet US President Donald Trump at White House.
• Trump signs proclamation imposing annual $100,000 fee on H-1B visas.
• Trump signs order creating $1 million US ‘gold card’ visa, pitches $5 million ‘platinum card’.
• Charlie Kirk, prominent Conservative activist, dies after shooting at Utah Campus.
• Trump issues warning based on unproven link between Tylenol and Autism.
• U.S., South Korea and Japan open joint air and naval exercise.
• Nepal withdraws ban on social media after violent youth protests; PM K.P. Sharma Oli resigns.
• Sushila Karki sworn in as Nepal’s first woman Prime Minister.
• French govt collapses as PM loses confidence vote, Macron’s close ally Sebastien Lecornu named new PM.
• UK PM announces British citizens, permanent residents will have to produce mandatory digital ID.
• Iran & IAEA announce agreement on resuming nuclear inspections.
• Pakistan, China agree to work closely on CPEC 2.0 as PM Sharif meets Chinese Premier.
• Saudi Arabia, Pakistan sign mutual defence pact treating attack on one as attack on both nations.
• Japanese PM Shigeru Ishiba quits to avert split in party over recent poll loss.
• Albania appoints world’s first AI-generated minister to fight corruption.
• Amit Shah inaugurates India’s largest sports complex in Ahmedabad’s Naranpura.
• Apollo Tyres secures Indian cricket team’s jersey sponsorship until 2027.
• Former Delhi captain Mithun Manhas set to become new BCCI president.
• Asia Cup: India beat Pakistan in final, refuse to accept trophy from Naqvi.
• Australia wins 3 match Women’s ODI series against India 2-1.
• Smriti Mandhana breaks women’s ODI world record after fastest Indian ton against Australia.
• Ex-BCCI president N Srinivasan appointed as chairman of CSK ahead of IPL 2026.
• Vaishali wins FIDE Women’s Grand Swiss for the second consecutive time, qualifies for 2026 candidates.
• US Open Tennis: Aryna Sabalenka retains women’s singles title; Carlos Alcaraz wins second US Open title.

Business News

• GST on everyday items lowered to 5% bracket; health and life insurance premiums reduced to zero.
• GST slashed on small cars, 2Ws, 3Ws, CVs; new rates to be effective from September 22.
• Govt increases GST on exploration, production of oil and gas to 18%.
• Govt allows manufacturers to revise MRP on unsold stock due to GST rate changes.
• Nirmala Sitharaman launches Goods and Services Appellate Tribunal; to start hearing cases from Dec.
• Cabinet approves ₹69,725 crore package to transform India’s shipbuilding, maritime sector.
• PM Modi inaugurates ₹8,070 crore Bairabi-Sairang rail line, Mizoram gets first rail link.
• India-Bhutan rail links costing ₹4,033 crore announced.
• PM Modi launches BSNL’s swadeshi 4G network from Odisha, commissions 97,500 towers.
• BSNL partners with Department of Posts to boost telecom access in remote areas.
• Jyotiraditya Scindia launches UPI–UPU integration project in Dubai.
• Govt makes cybersecurity audits mandatory for crypto exchanges.
• Indian Army awards ₹30,000 crore tender to BEL for ‘Anant Shastra’ air defence.
• MoD inks ₹62,370 crore deal with HAL to purchase 97 LCA Mk1A aircraft.
• Tata Advanced Systems opens India’s first overseas defence manufacturing unit in Morocco.
• Centre unveils draft Civil Drone Bill 2025, proposes strict rules on safety, insurance.
• India marks milestone in semiconductor mission with pilot line chips.
• Cabinet approves incentive scheme to promote Critical Mineral Recycling.
• PM inaugurates ₹5,000 crore bamboo-based ethanol plant in Assam’s Numaligarh.
• Sarbananda Sonowal announces ₹80 lakh crore investment to transform India’s maritime sector by 2047.
• India’s Fisheries department teams up with FAO to strengthen Blue Port infrastructure.
• Ministry of Commerce and Industry Reopens Application Window for PLI Scheme on White Goods.
• PM Modi lays foundation of India’s largest 2,500 MWh battery storage project in Rajasthan.
• India, ADB ink $126 million loan pact to boost sustainable tourism in Uttarakhand.
• Inland Speed Post (document) tariff revised with OTP, online payment features.
• RBI sets premature redemption price for SGB 2019-20 Series-X at ₹10,905 per gram.
• RBI approves Yes Bank board changes as SMBC prepares stake acquisition.
• Infosys board approves ₹18,000 crore share buyback, its largest to date.
• Daily cap for person-to-merchant payments via UPI raised to ₹10 lakh in key sectors from September 15.
• PhonePe gets final RBI nod to operate as online payment aggregator.
• India, UAE review progress of CEPA, agree to expand bilateral trade to $200 billion by 2030.
• Piyush Goyal holds talks with Russia’s Deputy PM Dmitry Patrushev on trade, industry.
• India’s first European trade pact with EFTA to come into effect from October 1.
• US cuts tariff on Japanese cars to 15%; Korean autos still face 25% levy.
• Trump imposes 100% duty on imported branded or patented pharma products unless made in US.
• Additional 25% tariff on heavy trucks 50% on kitchen cabinets and vanities 30% on upholstered furniture.
• China gives up developing-country treatment in bid to boost WTO in face of Trump tariffs.
• Russia’s Gazprom, China National Petroleum Corporation sign agreement to increase gas supplies.
• US President Trump asks EU to slap 100% tariff on countries, including India for buying Russian oil.
• EU sanctions on Nayara Energy hits access to non-Russian oil for second consecutive month.
• US Fed cuts rates by 25 bps, signals two more cuts this year.
• BOJ keeps benchmark rate unchanged at around 0.5%.
• China keeps lending rates unchanged for a fourth straight time.
• GST fuels Maruti Suzuki, Tata, Hyundai to hit record sales on Navratri Day 1.
• US-Japan deal: Donald Trump signs executive order cutting Tokyo auto tariffs to 15%.
• Centre issues guidelines for rollout of 72,300 EV charging stations under PM E-DRIVE.
• Ola Electric achieves 1 million production milestone; rolls out special edition RoadsterX+.
• Tata Motors receives NCLT approval for demerger of passenger and commercial vehicle businesses.
• Britain pledges $2 billion loan guarantee for Tata’s Jaguar Land Rover.
• L&T to formally exit Hyderabad Metro rail; state govt to take over.
• Mark Zuckerberg & Apple’s Tim Cook pledge to invest ‘$600 billion’ in US at Trump’s White House dinner.
• TCS wins 5-year Vodafone Idea deal to transform business systems with AI.
• Nvidia to invest $100 billion in OpenAI for next-gen AI infrastructure.
• Microsoft reduces Israel’s access to cloud, AI products over reports of mass surveillance in Gaza.
• Hospitals’ body AHPI, Star Health to restore cashless services at member hospitals from October 10.
• SEBI clears Gautam Adani, group companies in Hindenburg case; rules allegations not established.
• TCS inks pact with C-DAC to develop India’s sovereign cloud ecosystem.
• Zupee launches Studio short video platform after RMG ban in India
• Trump signs executive order approving TikTok Deal with majority US ownership.
• Zoho’s Arattai messaging app explodes with 100x traffic surge amid nationalistic push.
• iPhone 17 goes on sale globally as Apple faces China rivals and AI doubts.
• Amazon completes Axio acquisition, secures direct lending license in India.
• Myntra launches B2B e-commerce for business customers.
• Oyo renames parent entity Oravel Stays to Prism to unify global brands.
• MakeMyTrip partners with Zomato to offer on-train meal delivery across 130+ stations.
• Swiggy completes ₹2,400 crore Rapido stake sale, transfers Instamart to subsidiary.
• Warren Buffett’s fund exits BYD after a 17-year investment that grew over 20-fold in value.
• NCLT approves merger of Star Television Productions with Jio Star.
• RBI clears reappointment of R Gandhi as Yes Bank Chairman till 2027.
• Ex-Finance Secretary Ajay Seth takes charge as Chairman of IRDAI.
• HCLTech appoints Amitabh Kant as independent director.
• IndiGo onboards Amitabh Kant as additional director after getting security approval.