What are the key decisions taken by GST Council?

The GST Council approved key compliance changes, including removing GST officers' power to arrest and raising the prosecution threshold from ₹1 crore to ₹5 crore. It recommended faster, automated refunds, cut the general penalty from ₹25,000 to ₹10,000 and removed minimum punishment. It extended inverted-duty refunds to input services and allowed ITC on employer-provided health and life insurance.
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News By: Jessica Rajan
09:43 pm Thursday, 08 October 2026

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GST Council announces new reforms, scraps arrest powers for GST officers

The GST Council has decided to remove arrest powers under GST and raise the prosecution threshold from ₹1 crore to ₹5 crore. The general penalty will fall from ₹25,000 to ₹10,000, while courts will decide punishments without mandatory minimums. Late filing, errors and payment delays will attract recovery, interest and proportionate penalties instead of criminal action under the new reforms.
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News By: Anmol Sharma
05:45 pm Thursday, 08 October 2026

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Study tracks 84-day hair growth journey in men & women: Glenmark

Hair thinning that progresses to hair fall remains a common concern among adults. Glenmark announced that 92% of users noticed visible baby hairs after 84 days of using Bontress Pro+ Scalp Serum in a clinical in vivo study. The serum features Pro Lipo™ Neo Technology, designed to deliver 2.4x better peptide absorption for effective delivery to hair roots, it added.
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News By: Roshan Gupta
08:00 am Friday, 09 October 2026

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Grab Apple Watch SE 3 at ₹21,999 before price rise*: Big Billion Days

With the new MRP of Apple Watch SE 3 going to ₹29,900, Big Billion Days will be the last chance to avail this at ₹21,999*, said Flipkart. Key features include advanced activity tracking, detailed sleep insights, emergency SOS option, fast charging and seamless Apple ecosystem connectivity. Don't wait and lock in this price on Flipkart before it's gone, it added.
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News By: Roshan Gupta
11:11 am Friday, 09 October 2026

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Trains arriving at 2 Delhi stations from 4 am-2 pm tomorrow cancelled over CJP protest

Ahead of the Cockroach Janta Party's protest in Delhi on October 10, the Ministry of Railways said that all mail/express trains which were to start at 2 pm on Friday and reach between 4 am and 2 pm at New Delhi and Hazrat Nizamuddin have been cancelled at source. Railways Ministry said intel inputs suggested heavy traffic in the area.
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News By: Shalini ojha
01:00 pm Friday, 09 October 2026

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India releases statement on US' green card crackdown against several Indian firms

After the US suspended several Indian IT firms from a programme allowing foreign workers to get permanent residency, the Ministry of External Affairs said US' steps do not advance the shared ambitions of both countries. Criticising US VP JD Vance for calling foreign workers "indentured servants", MEA said, "Such descriptions...ignore the fact that Indian professionals in US are highly educated."
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News By: Shalini ojha
01:20 pm Friday, 09 October 2026

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Noida airport renamed Narendra Modi International Airport

The Noida airport in Jewar, Uttar Pradesh, has been renamed Narendra Modi International Airport. "Under his leadership, India has established a new identity on the global stage while preserving its civilizational values," UP CM Adityanath Yogi said. "Uttar Pradesh Cabinet wholeheartedly acknowledges and appreciates Prime Minister Modi's visionary leadership," he further said.
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News By: Ankush Verma
02:04 pm Friday, 09 October 2026

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Indian-origin Navanethem 'Navi' Pillay awarded Nobel Peace Prize

Indian-origin Navanethem 'Navi' Pillay was awarded the Nobel Peace Prize on Friday. The Nobel Committee chose her from 287 candidates, including 208 individuals and 79 organisations. She was chosen for her efforts to promote peace and international law. Notably, US President Donald Trump had pitched for the award, saying, "No president has probably ever settled any wars...I settled eight wars."
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News By: Shalini ojha
02:40 pm Friday, 09 October 2026

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Who is Indian-origin Navanethem 'Navi' Pillay, who has been awarded Nobel Peace Prize?

Navanethem 'Navi' Pillay is a human rights advocate who has been awarded the Nobel Peace Prize for promoting international law. Born into an Indian Tamil family in South Africa, she was the first Black woman to serve in the country's High Court and defended opponents of apartheid. She headed UN commission that accused Israel of committing genocide in Gaza.
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News By: Bhawana Chaudhary
03:56 pm Friday, 09 October 2026

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How has Starlink been used for anti-India activities in the past?

Indian intelligence services have flagged national security concerns about allowing Elon Musk's Starlink to enter India, News18 reported. A Starlink Mini was found on a boat carrying drugs worth ₹36,000 crore in the Andaman region in 2024, while in Manipur, Starlink devices linked to insurgents have been recovered. Starlink devices were recovered in Punjab and Gujarat's drug networks too.
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News By: Ashley Paul
03:26 pm Friday, 09 October 2026

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Why Indian IT stocks rose despite US green card crackdown?

Indian IT stocks, including TCS, Wipro, Infosys and HCLTech, rose on Friday despite the US suspending them from the PERM programme, a key step towards employment-based green cards. Experts said the impact would be limited as firms have reduced H-1B dependence, increased local US hiring and expanded offshore operations. Attractive valuations also boosted investor sentiment, experts said.
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News By: Mansi Agarwal
04:54 pm Friday, 09 October 2026

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Investor wealth rises by ₹4 lakh crore as Sensex ends 900 points higher

Investor wealth rose by around ₹4 lakh crore as the Sensex jumped around 900 points to close at 72,472.33 on Friday. The rally came a day after the benchmark index plunged over 1,000 points. IT stocks led Friday's gains, with TCS emerging as the top gainer, rising 4.23%, followed by Infosys and HCLTech, which climbed around 3% each.
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News By: Mansi Agarwal
03:54 pm Friday, 09 October 2026

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Gold, silver prices rise on MCX

Gold futures for December delivery rose over ₹2,000 per 10 grams to ₹1,51,617 on the Multi Commodity Exchange (MCX) on Friday as of 1:50 pm. Silver futures for December delivery also jumped ₹3,840 per kg to ₹2,25,073. A recovery in international bullion markets, supported by a weaker US dollar and easing US Treasury yields, drove precious metal prices higher.
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News By: Mansi Agarwal
01:52 pm Friday, 09 October 2026

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Gold prices suddenly jump in India

Gold prices broke their two-day losing streak on Friday, rising by ₹1,700 in a single day to settle at ₹1,49,430 per 10 grams in India, as per IBJA data. Gold prices saw a four-day winning streak from September 30 before their recent losses. Silver prices, which fell by nearly ₹3,800 on Thursday, rose by ₹4,000 per kilogram on Friday.
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News By: Ashley Paul
07:10 pm Friday, 09 October 2026

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Why did Goa Police register Nana Patekar's death as 'unnatural'?

Legendary actor Nana Patekar's death has been registered as "unnatural" by Goa Police as a standard protocol because he was brought dead to the hospital. The term "unnatural death" in a police record does not by itself mean that foul play is suspected. Police has registered the case to conduct an inquest into the circumstances surrounding Patekar's death.
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News By: Bhawana Chaudhary
04:52 pm Friday, 09 October 2026

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What can users do if their bank account is frozen after a UPI payment?

A bank account may be blocked after a UPI transaction for multiple reasons, including KYC issues and fraud investigation, as per Moneycontrol. The account holder must keep all transaction-related data handy and contact the bank to understand why the account was blocked. For fraud-related restrictions, the account holder must reach out to the concerned authorities to resolve the matter.
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News By: Ashley Paul
08:46 pm Friday, 09 October 2026

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India suffer historic T20I defeat

India suffered a historic defeat against West Indies in the second T20I in Ranchi as the visitors chased down a 250-run target to level the five-match series 1-1. It marked the highest-ever successful run chase against India in men's T20I history. West Indies captain Shai Hope top-scored with 102*(45). The defeat also ended India's 10-match winning streak in T20I cricket.
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News By: Anmol Sharma
10:46 pm Friday, 09 October 2026

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Musk apologises to 'Prime Minister Ambani', says 'You're real boss of India'

Elon Musk called billionaire Mukesh Ambani "Prime Minister Ambani" amid a row over Starlink's India entry. "Please accept my humble apologies for not realising you're real boss of India. Naturally, you'd prefer to maintain your monopolistic exploitation of the great people of India, but would you...consider allowing Starlink to compete?" Musk said. He said Starlink saves lives during disasters.
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News By: Ashley Paul
11:31 pm Friday, 09 October 2026

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Team bowled out for just 13 runs in T20I, yet avoids lowest-ever total record

Mongolia were dismissed for just 13 runs in 11.3 overs while chasing Thailand's 196/2 in a T20 World Cup qualifier on Friday, losing by 183 runs. However, it wasn't the lowest men's T20I total. Ivory Coast hold that record after being dismissed for seven against Nigeria in 2024. Mongolia themselves had previously scored just 10 runs against Singapore in 2024.
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News By: Anmol Sharma
07:00 am Saturday, 10 October 2026

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Trump, who imposed tariffs on countries for buying Russian oil, signs oil deal with Putin

US President Donald Trump has signed an oil deal with Russian President Vladimir Putin. "Russia will immediately supply over 300,000 tons of diesel to American and global marketplace, another 500,000 tons in November, and 1,000,000 tons immediately thereafter," Trump said. Trump has in the past imposed sanctions and tariffs on several countries including India for buying Russian oil.
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News By: Ankush Verma
08:22 am Saturday, 10 October 2026

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