Creative economy emerges as India’s next growth frontier: MoS Murugan

IANS | September 18, 2026 4:55 PM

New Delhi, Sep 18 (IANS) Minister of State for Information and Broadcasting and Minister of State for Parliamentary Affairs, Dr. L. Murugan said on Friday that India’s creative economy is emerging as the country's next major growth frontier that can open new employment and entrepreneurship opportunities for young people.

Pakistan's rising fuel and power costs spur concerns over public silence

IANS | September 18, 2026 4:50 PM

New Delhi, Sep 18 (IANS) Growing concerns are being raised in Pakistan over the continued increase in fuel, electricity and gas prices with the absence of significant public resistance reflecting both deep economic vulnerability and a lack of effective political leadership, according to a report.

RBI absorbs Rs 2.23 lakh crore via VRRR auction amid surplus liquidity

IANS | September 18, 2026 4:18 PM

Mumbai, Sep 18 (IANS) The Reserve Bank of India (RBI) on Friday said that it absorbed Rs 2.23 lakh crore from the banking system through a Variable Rate Reverse Repo (VRRR) auction as part of its ongoing efforts to manage surplus liquidity and align short-term money market rates with the policy repo rate.

Pakistan cuts fuels for state vehicles to counter oil price surge

IANS | September 18, 2026 4:14 PM

New Delhi, Sep 18 (IANS) Pakistan has announced a new round of austerity measures including cut in fuel for official vehicles to cut government spending as petrol and diesel prices surge amid disruptions to Gulf supplies due to the West Asian conflict, as per multiple reports.

Bernstein turns more bullish on Paytm after 'better-than-expected' UPI MDR

IANS | September 18, 2026 3:54 PM

New Delhi, Sep 18 (IANS) Global brokerage Bernstein has raised its earnings estimates for Paytm after the final UPI merchant discount rate framework came in better than expected, pointing to sharper monetisation of the company's payments business across both the consumer and merchant sides.

Govt eases stockholding limit for sugar, traders told to further lower prices

IANS | September 18, 2026 3:43 PM

New Delhi, Sep 18 (IANS) The government on Friday eased the existing 15-day sugar stockholding limit for bulk consumers to 30 days, subject to the condition that the quantity of stock held beyond the existing 15 days limit is sourced exclusively from sugar imported under advance authorisation scheme (AAS) and tariff rate quota (TRQ).

Fake GST credit scam: Iron and steel trader arrested by Delhi CGST officials

IANS | September 18, 2026 3:17 PM

New Delhi, Sep 18 (IANS) The Anti-Evasion Branch of the Central Goods and Services Tax (CGST) officials, Delhi South Commissionerate have arrested the proprietor of an iron and steel trading firm for allegedly availing, utilising and passing on fraudulent Input Tax Credit (ITC) worth more than Rs 25.22 crore through bogus invoices valued at approximately Rs 140.14 crore, an official statement said on Friday.