Finance minister Nirmala Sitharaman(Photo: Pradeep Gaur/Mint)
Prime Minister Narendra Modi interacting with the Indian community.
Prime Minister Narendra Modi interacting with the Indian community.

‘Howdy, Modi!’ event LIVE: PM Modi set to address Indian diaspora in Houston

  • The mega event will witness leaders of the two largest democracies, Prime Minister Narendra Modi and Donald Trump, sharing a stage before the largest gathering ever
  • There are 27 groups performing in a live and multimedia experience that will showcase the diversity in the Indian-American community

A liquefied natural gas (LNG) cylindrical storage tank. (Bloomberg)
A liquefied natural gas (LNG) cylindrical storage tank. (Bloomberg)

Big Oil’s future may rest on climate debate over natural gas

On Monday, CEOs of the world’s largest oil companies are expected to speak at an event organized by the Oil and Gas Climate Initiative where they’ll likely defend the idea that gas is integral to a low-carbon future

A file photo of Harley-Davidson showroom at DLF Promenade Mall, Vasant Kunj in New Delhi (Photo: Pradeep Gaur/Mint)
A file photo of Harley-Davidson showroom at DLF Promenade Mall, Vasant Kunj in New Delhi (Photo: Pradeep Gaur/Mint)

As India-US head towards trade truce, will India cut tariffs on Harley Davidson?

  • Trump had said that the decision of the Indian govt to reduce the tariff on Harley-Davidson motorcycles from 75% to 50% was not enough
  • On many occasions, Trump even threatened to put reciprocal tax on Indian bikes, which he has wrongly claimed to be selling 'in thousands' in the US

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Defence Minister Rajnath Singh. (ANI )
This year we rated 24 insurance companies and 112 policies across three broad categories of price, features and claims. (Photo: iStock)
This year we rated 24 insurance companies and 112 policies across three broad categories of price, features and claims. (Photo: iStock)

Choose from India’s best health policies

  • Don’t stop at top-rated plans; find one that caters to your needs
  • The ratings should not only help you choose a plan well but also help you develop an understanding about what to look for in health insurance

A file photo. After three decades of developing its own fighter, India put out a tender for 126 warplanes, which morphed into an order for 36 Rafale aircraft from Dassault Aviation SA that will start arriving in 2019. Photo: AP
A file photo. After three decades of developing its own fighter, India put out a tender for 126 warplanes, which morphed into an order for 36 Rafale aircraft from Dassault Aviation SA that will start arriving in 2019. Photo: AP

Government likely to order 36 more Rafale fighter jets

  • The purchase of another 36 Rafale fighter jets will take the fleet to 72
  • The Indian Air Force has recently been handed over its first Rafale aircraft from France

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A 2018 photograph of tourists at the Serdica excavations in Sofia. (Photo: Alamy)

What lies beneath Sofia

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Rana Begum’s language of colours

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One of the areas of contention has been the mapping of these colonies, which seems to be now getting sorted out
One of the areas of contention has been the mapping of these colonies, which seems to be now getting sorted out

Pre-poll bonanza for Delhi's unauthorised colonies in the offing: Report

  • The report said the draft Cabinet note prepared by the Urban Development Ministry was sent to the Delhi government and it has sent its comments
  • With a cut-off date of 1 January 2015, the Centre and Delhi government have come up with a list of 1,797 colonies

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A general view of the damaged site of Saudi Aramco oil facility in Abqaiq, Saudi Arabia. (REUTERS)
A general view of the damaged site of Saudi Aramco oil facility in Abqaiq, Saudi Arabia. (REUTERS)

We are committed to meet India's energy security needs: Saudi Arabia

  • A series of drone and missile attacks on oil facilities of Saudi Aramco, the country's national petroleum company, on September 14 knocked out half of its daily oil production
  • Saudi Ambassador Dr. Saud bin Mohammed Al Sati said his country will invite the United Nations and international experts to view the situation

Prime Minister Narendra Modi
Prime Minister Narendra Modi

Tax cut gives PM Modi perfect pitch to win US investments

  • The corporate tax cut on Friday, will strengthens PM Modi's pitch to US CEO's about the ease of doing business in India
  • The corporate tax cut to rival some of the lowest in Asia, helping India compete with the likes of Vietnam, Indonesia to attract investments

PM Narendra Modi being received by Indian ambassador to the US Harsh Vardhan Shringla and US Ambassador to India Kenneth Juster, on his arrival in Houston, Texas (Photo: PTI)
PM Narendra Modi being received by Indian ambassador to the US Harsh Vardhan Shringla and US Ambassador to India Kenneth Juster, on his arrival in Houston, Texas (Photo: PTI)

Harsh Vardhan Shringla - the man behind Howdy Modi and many more things

  • Harsh Vardhan Shringla, a career diplomat, has been variously described by peers, juniors, and seniors as 'no nonsense' and 'sharp'
  • In New York, Shringla has set up a 2nd meeting between Trump and Modi in 3 days – this time a bilateral meeting on the sidelines of the UNGA scheduled for 24 Sept

The Centre will have 16 officials and will be headed by a Principal Chief Commissioner of Income-tax (PCCIT) as its chief. (iStock)
The Centre will have 16 officials and will be headed by a Principal Chief Commissioner of Income-tax (PCCIT) as its chief. (iStock)

National centre for I-T e-assessment to be based in Delhi; CBDT issues order

  • The CBDT, that frames policy for the Income-tax department, has issued an order for the creation of the Centre
  • Nirmala Sitharaman has said the e-assessment scheme will be rolled out from 8 October-- when 'Vijayadashami' will be celebrated

Minister of Environment, Forest and Climate Change Prakash Javadekar (Photo: ANI)
Minister of Environment, Forest and Climate Change Prakash Javadekar (Photo: ANI)

India will grow 'sustainably', says Prakash Javadekar

  • The Climate Action Summit, hosted by UN Secretary General Antonio Guterres, aims to boost action to implement the 2016 Paris Agreement
  • Javadekar said energy intensity in the country has been brought down and that the results were for all to see

The valuation of Tata Consultancy Services (TCS) tumbled  ₹28,424.3 crore to  ₹7,75,092.58 crore (Photo: Mint)
The valuation of Tata Consultancy Services (TCS) tumbled 28,424.3 crore to 7,75,092.58 crore (Photo: Mint)

Six of top 10 Indian firms add 1.15 trillion in m-cap

  • From the top-10 pack, HDFC Bank emerged as the biggest gainer as its market valuation zoomed by 39,375.82 crore to 6,56,546.37 crore
  • Infosys suffered an erosion of 10,329.6 crore to 3,45,793.87 crore

Karnataka chief minister B.S. Yediyurappa. (HT)
The study was led by Dr Clare Manderson from the Bioresource Processing Institute of Australia (BioPRIA)
The study was led by Dr Clare Manderson from the Bioresource Processing Institute of Australia (BioPRIA)

Researchers discover world's first blood incubator

  • The detection of immunoglobulin G (IgG) antibodies requires incubation at 37°C, often for up to 15 minutes
  • This breakthrough has the potential to improve the pre-transfusion testing of millions of patients undergoing blood transfusions across the world

Jet Airways founder Naresh Goyal (Reuters )
PM Modi will be joining other global leaders at the Climate Action Summit in the backdrop of US withdrawal from the Paris climate deal
The number of employees in BSNL stands at 1,65,179 (Mint )
The number of employees in BSNL stands at 1,65,179 (Mint )

BSNL pays August salaries to staff: CMD

  • BSNL's loss is estimated to be around 14,000 crore with a decline in revenue to 19,308 crore during 2018-19
  • The number of employees in BSNL stands at 1,65,179

PM Modi with CEOs from energy sector in Houston
India buys around 2,00,000 tonnes of LPG every month from Saudi Arabia
India buys around 2,00,000 tonnes of LPG every month from Saudi Arabia

Petrol price jumps 1.59/ltr, diesel 1.31/ltr after Saudi attacks

  • Oil prices have cooled since the spike on September 16 but remain on the edge
  • This is the sixth straight daily increase and has taken the cumulative price hike since September 17 to 1.59 per litre in case of petrol and 1.31 for diesel

The centre has a buffer stock of 56,000 tonnes of onion, of which 16,000 tonnes has been offloaded so far. In Delhi, 200 tonnes a day is being offloaded. (Reuters)
The centre has a buffer stock of 56,000 tonnes of onion, of which 16,000 tonnes has been offloaded so far. In Delhi, 200 tonnes a day is being offloaded. (Reuters)

Onion prices surge to 70-80/kg; Centre mulls imposing stock limits

  • According to the data maintained by the consumer affairs ministry, retail onion prices rose to 57/kg in Delhi and 56/kg in Mumbai
  • Traders said there is enough supply of stored onion of the previous year's crop but its transportation has been affected because of heavy rains

Mausoleums and tombstones in Kolkata’s South Park Street Cemetery (Photo: Alamy)
A file photo of TDP chief N. Chandrababu
The total sales value of this 8 lakh sq ft office building has touched  ₹1,350 crore (Photo: Ramesh Pathania/Mint)
The total sales value of this 8 lakh sq ft office building has touched 1,350 crore (Photo: Ramesh Pathania/Mint)

Lodha group to sell 7 lakh sq ft office space in Mumbai to Singapore firm

  • The deal is likely to be concluded by the end of the next month, sources said
  • The company had earlier sold four floors in this building in Wadala, Mumbai, to Tata group firm Trent Tesco for around 250 crore

A 2018 photograph of tourists at the Serdica excavations in Sofia. (Photo: Alamy)
A 2018 photograph of tourists at the Serdica excavations in Sofia. (Photo: Alamy)

What lies beneath Sofia

  • Bulgaria’s capital and its second largest city Plovdiv brim with subterranean wonders
  • Visit Roman ruins inside a modern metro station, eerie catacombs and an ancient amphitheatre that still hosts performances

Dr K Sivan, Chairman ISRO
Prime Minister Narendra with representatives of Kashmiri Pandits
The timeline for auto-reversal has been set at between one day after the transaction to five days. Photo: iStock
The timeline for auto-reversal has been set at between one day after the transaction to five days. Photo: iStock

Failed ATM services: RBI tightens norms for banks, up penalties

  • RBI prescribed a turnaround time (TAT) for banks to settle failed transactions for customers and notified compensations payable for various types of customer complaints
  • The compensation should be done suo motu by the bank, without waiting for a complaint or a claim by a customer

PM Narendra Modi in a group photograph with the Indian community in Houston, Texas (Photo: PTI)
The company had earlier said that USFDA issued seven observations after conducting a routine 'CGMP inspection'.
The company had earlier said that USFDA issued seven observations after conducting a routine 'CGMP inspection'.

Cipla announces closure of USFDA inspection at Bengaluru facility

  • The company had earlier said that USFDA issued seven observations after conducting a routine 'CGMP inspection'
  • Cipla announced the closure of inspection by the US health regulator at the company's API manufacturing facility in Bengaluru

Altico also urged stakeholders to give the company time to craft a plan that may maximise asset value and refrain from actions that exacerbate liquidity problems
Altico also urged stakeholders to give the company time to craft a plan that may maximise asset value and refrain from actions that exacerbate liquidity problems

Altico puts COO Sanjeev Agrawal in charge to manage affairs

  • Altico said Sanjeev Agrawal has full backing of the board of directors
  • Troubles started with Altico receiving it's first loan recall notice on 30 August after the bank withheld 50 crore worth fixed deposits

Prior to this, FPIs had pulled out a net  ₹5,920.02 crore in August and  ₹2,985.88 crore in July from the domestic capital markets (both equity and debt). (Photo: Mint)
Prior to this, FPIs had pulled out a net 5,920.02 crore in August and 2,985.88 crore in July from the domestic capital markets (both equity and debt). (Photo: Mint)

FPIs withdraw 4,193 crore from capital markets in Sept so far

  • The trend is expected to reverse on the back of fiscal relief measures announced by the government, experts said
  • Foreign portfolio investors withdrew a net amount of 5,577.99 crore from equities while infusing 1,384.81 crore into the debt segment

Finance Minister Nirmala Sitharaman during the 37th meeting of the GST Council.  (PTI)
Finance Minister Nirmala Sitharaman during the 37th meeting of the GST Council. (PTI)

GST Council lowers tax rates but tries to protect fiscal health

  • The Council also reduced tax rates on a host of services including on job work related to diamonds, which has been lowered from 5% to 1.5%
  • Nirmala Sitharaman, who chaired the GST Council meeting, said that the tax rates as well as slabs applying to hotel accommodation has been changed

To boost research and development initiatives of the companies in India, Minimum Alternate Tax has been also reduced from existing 18.5% to 15%. (Ramesh Pathania/Mint)
To boost research and development initiatives of the companies in India, Minimum Alternate Tax has been also reduced from existing 18.5% to 15%. (Ramesh Pathania/Mint)

Revival in auto sector may be round the corner with the corporate tax cuts

  • Vehicle prices may come down significantly following cut in corporate tax
  • Auto firms looking to make in India will have to pay an even lower tax rate of 15%, provided they start by 31 March 2023

A file photo of Gajendra Singh Shekhawat, Union Minister for Jal Shakti
Commerce and industry minister Piyush Goyal (Pradeep Gaur/Mint file)
'Gully Boy' features Ranveer Singh and Alia Bhatt (IANS file)
Chandrayaan 2's Vikram lander lost communication with ground stations during its final descent (ANI )
Chandrayaan 2's Vikram lander lost communication with ground stations during its final descent (ANI )

Chandrayaan 2 orbiter performing mission to complete satisfaction: ISRO

  • Earlier this month, ISRO Chairman K Sivan had stated that the Chandryaan-2 orbiter has clicked a thermal image of Vikram Lander
  • The Vikram Lander successfully separated from Chandrayaan-2 Orbiter on September 2

An Air India plane carrying 172 passengers suffered
An Air India plane carrying 172 passengers suffered "minor" damages after it hit air turbulence (Photo: ANI)

Air India flights to Kochi, Vijayawada hit by turbulence

  • No injury to any passenger or crew has been reported, an official said.
  • The safety department of Air India has carried out a detailed investigation

Maruti S-Presso will be the second product after Vitara Brezza (a compact SUV) to to be designed and developed in India
Prime Minister Narendra Modi with US President Donald Trump. Photo: Reuters (REUTERS)
Prime Minister Narendra Modi with US President Donald Trump. Photo: Reuters (REUTERS)

India to leverage its Strategic Energy Partnership with US

  • This comes in the backdrop of Prime Minister Narendra Modi’s visit to the energy resource rich country where he will be addressing an energy round table in Houston on Sunday
  • US secretary of state Michael Richard Pompeo has promised India of adequate crude oil supplies even as India

The funds mobilised will be used to meet growth requirement (Mint file)
The funds mobilised will be used to meet growth requirement (Mint file)

India Overseas Bank raises 500 crore via bonds

  • The base size of the issue was 500 crore with a greenshoe option of 300 crore
  • The bank received bids worth 855 crore with various coupon rates

A hoarding of Prime Minister Narendra Modi being placed near the NRG Stadium in Houston for the 'Howdy Modi' event (ANI file)
A hoarding of Prime Minister Narendra Modi being placed near the NRG Stadium in Houston for the 'Howdy Modi' event (ANI file)

After 'Howdy Modi', Trump and Modi likely to sign trade deal

  • The deal will lower some tariffs on US produce and restore preferential treatment for some Indian exports to the United States
  • US President Donald Trump and Prime Minister Narendra will meet this Sunday in Houston

EC on Saturday announced the schedule for elections in Maharashtra and Haryana. Photo: ANI