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we are providing instant updates related to finance, including , GST, Income Tax, Roc, IBC and various case laws of Income Tax and GST. Managed by - @teamIFU For any Suggestion, queries, PROMOTIONS Ping on @teamIFU

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*News Headlines from Business News Agencies:* *Business Standard* 📝 RBI's forex swap window draws $136.37 billion, FCNR (B) leads inflows 📝 AI leads salary growth in India as employers pay more for scarce skills 📝 Govt defends GDP estimates, says revisions reflect data, not growth boost 📝 India's economy can near $20 trn by 2046 if current growth pace holds: CEA 📝 CV sales shift up a gear in Aug as freight, replacement demand strengthen 📝 Auto industry must stay one step ahead of hackers, says Maruti CEO 📝 US-Iran fighting escalates as Tehran retaliates with missile, drone strikes 📝 Huge launch next week, says Apple CEO John Ternus in first memo 📝 FCNR(B) inflows cross $100 billion, beat RBI's $80-billion estimate: Report 📝 Auto-component makers face rising competition for talent, raw materials *Economic Times 📝 India's e-commerce market to hit USD 345 bn by 2030; dark stores to triple 📝NCLAT seeks status report on delayed Supertech housing projects by NBCC 📝 Hyundai Motor India targets No. 2 spot with new SUVs, higher production capacity 📝 Amazon to hire 160,000 temporary workers for festive season demand 📝 L&T Finance plans to add 500 gold loan branches annually 📝 UrbanVault leases 100,000 sq ft in Chennai, expanding national portfolio to 3 million sq ft 📝 Share of electricity in India's overall energy mix to reach 45-50 pc by 2047: Official 📝 Thomas Cook India, SOTC Travel to launch Bengaluru-Lakshadweep charter flights 📝 ONGC Videsh eyes Venezuela oil assets after US green light 📝 Coal India bets ₹50,000 crore on life beyond coal; goes big on gasification, critical minerals *Mint* 📝 Cybersecurity infra worth $1 trillion isn't ready for AI, Palo Alto CEO says 📝 Mitsubishi Pajero returns: New-gen SUV unveiled with Toyota Fortuner-rivalling specs 📝 '7.8% growth but still import-dependent': Sridhar Vembu explains Modi’s Swadeshi push 📝 Tukaram Mundhe's FDA action: Maggi, Lay’s, Kurkure packs found with fake expiry dates in Mumbai were meant for export 📝 Happiest Minds' CEO, MD rule out layoffs after merger announcement with ITC Infotech; say deal to boost talent pool 📝 Happiest Minds' CEO, MD rule out layoffs after merger announcement with ITC Infotech; say deal to boost talent pool 📝 Apple to give new CEO $3 million salary 📝 Uber layoffs: App-cab company to slash 3,300 jobs in biggest layoff since 2020 📝 La Caisse invests ₹12,100 crore for 24% stake in Brookfield’s Altius Telecom 📝 Zerodha gets SEBI approval for merchant banking licence 📝 Whirlpool launches Luxuriem line of 4-door refrigerators in India https://whatsapp.com/channel/0029VaK9Pdx7oQhe24NT923E

2
Data from the PRICE-Tata 100-city study, 'The Many Urban Indias'. Bengaluru leads the earnings, with ₹28.3 lakh average annua
Data from the PRICE-Tata 100-city study, 'The Many Urban Indias'. Bengaluru leads the earnings, with ₹28.3 lakh average annual household income. Mumbai leads in the number of 'rich' households. (TOI)
168
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Pick a number... 7.8%, 2.6% If you compare today's apple with yesterday's orange, any number of numbers can be justified. App
Pick a number... 7.8%, 2.6% If you compare today's apple with yesterday's orange, any number of numbers can be justified. Apparently, the comparison number for today's apple vs yesterday's also changes over time! (TOI)
160
4
Quick commerce may drive half of the growth in e-commerce, by 2030. There's no real rationalé in why we would really NEED stu
Quick commerce may drive half of the growth in e-commerce, by 2030. There's no real rationalé in why we would really NEED stuff within 10 minutes, but then who said we all behave rationally all the time! (FE)
145
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Gold imports are up 47%, y-o-y in the AMJ 2026 quarter. (FE)
Gold imports are up 47%, y-o-y in the AMJ 2026 quarter. (FE)
138
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Uber is planning to lay off 3,300 employees, or 10% of its staff, in its largest cut since the pandemic. (FE)
Uber is planning to lay off 3,300 employees, or 10% of its staff, in its largest cut since the pandemic. (FE)
141
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US sandwich chain, Jersey Mike, plans to grow from 3,300 stores to 15,000 worldwide. Interesting that it spends so little on
US sandwich chain, Jersey Mike, plans to grow from 3,300 stores to 15,000 worldwide. Interesting that it spends so little on social media. (WSJ)
164
8
Russia has been allegedly bypassing sanctions by routing goods through the Maldives! Various agencies are reporting high frei
Russia has been allegedly bypassing sanctions by routing goods through the Maldives! Various agencies are reporting high freight cargo traffic at airports in the island, with over 12% of them being Aeroflot from Russia. (WSJ)
188
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GST collections surge *14.8% to ₹1.99 lakh crore* in August, marking the *third consecutive month of double digit growth* . I
GST collections surge *14.8% to ₹1.99 lakh crore* in August, marking the *third consecutive month of double digit growth* . Import collections jumped 29%, while domestic revenue rose 9.3%. Net collections increased 8.3% to ₹1.68 lakh crore. *Assam led state growth with a staggering 97% jump, signalling strong consumption.*
341
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Union Minister for Finance & Corporate Affairs Smt. @nsitharaman addressed a high-level Business Roundtable with leading inve
Union Minister for Finance & Corporate Affairs Smt. @nsitharaman addressed a high-level Business Roundtable with leading investors and business leaders in Chicago yesterday, highlighting India’s broad-based growth, reform momentum and expanding opportunities for long-term investment.
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11
Looks like NCLT backtracked on its 25th Aug order in the N. Chandra case... (BS)
Looks like NCLT backtracked on its 25th Aug order in the N. Chandra case... (BS)
279
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Here's something we need to really work on. India's private sector manufacturing activity expanded at its slowest pace in 5 y
Here's something we need to really work on. India's private sector manufacturing activity expanded at its slowest pace in 5 years. (BS)
270
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There's no stopping this juggernaut! UPI transactions hit a record 24.5 billion, at a value of ₹29.82 trillion. (BS)
There's no stopping this juggernaut! UPI transactions hit a record 24.5 billion, at a value of ₹29.82 trillion. (BS)
225
14
E&Y will invest $100 million in rewarding its employees for demonstrating "human" skills like adaptability, innovation and ju
E&Y will invest $100 million in rewarding its employees for demonstrating "human" skills like adaptability, innovation and judgement! (WSJ) Sure, after laying off people (to AI?) consistently since 2023, it's the right move, right?
200
15
Amazon has been sued, again, by the US Federal Trade Commission - this time for manipulating advertisement rates. It has earl
Amazon has been sued, again, by the US Federal Trade Commission - this time for manipulating advertisement rates. It has earlier lost a $2.5 billion case for allegedly "tricking" users into signing up for its Prime services and not being able to unsubscribe easily. (WSJ)
196
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Ok, that's a significant milestone... Solar panels are now China's top source of power capacity, surpassing coal. (BS)
Ok, that's a significant milestone... Solar panels are now China's top source of power capacity, surpassing coal. (BS)
244
17
Does the weather affect your mood? Well, the overall climate does affect the economy, for sure. This is how El Niño can impac
Does the weather affect your mood? Well, the overall climate does affect the economy, for sure. This is how El Niño can impact different regions of the world. (WSJ)
261
18
Here's a slightly worrying statistic... India has 84,318 FEWER schools in 2025-26, than it had 7 years ago! (TOI)
Here's a slightly worrying statistic... India has 84,318 FEWER schools in 2025-26, than it had 7 years ago! (TOI)
371
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At the time of going to press, a record 75 million Income Tax Returns had been filed for the FY ending 31st March 2026. These
At the time of going to press, a record 75 million Income Tax Returns had been filed for the FY ending 31st March 2026. These were for those who are not subject to audit. (FE)
337
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The share of "premium" phones (above ₹30K) has risen over the last quarter, while that of "budget" phones (below ₹15K) have d
The share of "premium" phones (above ₹30K) has risen over the last quarter, while that of "budget" phones (below ₹15K) have decreased. What's fuelling this book... mostly credit! (FE)
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