Today so far

India's crude imports hit 2026 high in September as Gulf supplies surge despite Hormuz risks

• Crude imports rose to a 2026 high of 5.26 million barrels per day in September
• Gulf supplies surged despite Strait of Hormuz risks
• Higher crude imports expose Indian refiners and fuel retailers to oil-price and currency swings

GST relief for gaming companies raises hopes across the sector

• Tax authorities took a softer approach in the first four final GST orders after the Supreme Court ruling
• Gaming companies may benefit from lower GST-related uncertainty

India extends RoDTEP export support till Dec 2026; raises insurance cover to 95% amid West Asia disruption

IPO tide lifts FY27 credit target of BlackSoil Capital to ₹2,400 crore

• BlackSoil Capital targets ₹2,400 crore in FY27 credit deployment
• It has deployed ₹1,600 crore so far, with IPO-linked funding demand rising

Bonded warehouses may face 24-hour discrepancy reporting, five-year digital records under proposed customs overhaul

PMEGP may get 5-year extension till 2030-31 with Rs 15,000 crore outlay; govt weighs easier norms

Earning in dollars? New FEMA rules from October 1: How freelancers and YouTubers need to file EDF declaration with banks

• From 1 October, a new RBI rule changes reporting for service exporters receiving overseas payments

At G20, Piyush Goyal rejects dumping concerns

India’s GST revenue growth has lost momentum: What the post-2025 data shows

• GST collections remain robust in absolute terms, but revenue growth has slowed sharply from FY23 levels
• Slower tax growth may weigh on fiscal expectations and Indian rate-sensitive sectors

Switching to an electric vehicle: What you need to know about ev insurance

• EVs use costly high-voltage battery packs, motors and electronic systems
• Repairs involving these components can make EV insurance claims expensive
• Repair costs and coverage matter to Indian EV buyers, insurers and auto companies

Fed officials give hints on rate decision as markets cut October rate hike odds

• Philip Jefferson and John Williams stressed patience and data dependence
• Markets sharply cut October rate hike odds
• Fed rate expectations can affect foreign flows into Indian equities

All Saturdays declared bank holidays? PIB Fact Check debunks fake notification

• PIB Fact Check debunked a fake notification claiming all Saturdays would be bank holidays
• Bank unions recently deferred a nationwide strike scheduled for September 28–30
• The clarification affects banks and their customers, but does not indicate a change to bank holidays

Balance AI-driven judicial transformation with constitutional values: CJI

• CJI Surya Kant said AI can improve access and reduce judicial delays
• He said technology must preserve dignity, equality, liberty and fairness

MIT Endowment Returns 10%, Trailing Large University Peers

The government can take 15% of Social Security benefits to repay student loans. These proposals seek to stop it.

• Debt is rising among older Americans, both in the number of households with debt and amounts borrowed
• The government can take 15% of Social Security benefits to repay student loans

Mexico needs more effort to lower debt, IMF says

Italy raises growth forecast, deficit to fall below EU limit

IMF calls for more action to reduce Mexico’s debt trajectory