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School Assembly News Headlines September 22: Top national, international, sports and business news

Listen to this article in summarized format Unlock AI Briefing and Premium Content Goa’s real estate market is undergoing a correction (Catch all the Busines.

As the festive season approaches, car manufacturers are grappling with low inventory levels despite a surge in customer bookings. Supply constraints present a formidable hurdle, particularly for Maruti Suzuki, which currently has a backlog of over 200,000 orders with dwindling stock. Anticipating a slowdown in growth, Hyundai Motor India is ramping up production to accommodate the expected rise in demand.

Chalet Hotels is on the verge of acquiring Six Senses Vana in Dehradun, a luxurious wellness retreat owned by Veer Singh, son of Analjit Singh. Valued at roughly 600 crore rupees, this deal highlights Chalet

Consumer demand for protein in everyday staples is driving new product launches and supply deals. Food and beverage makers and cafe chains are actively forming collaborations to meet this growing need. Companies are investing in new products and manufacturing capacity to address the rising demand. The protein market is projected to reach ₹21,000 crore by 2031. Acquisitions and deals are also increasing as established players seek to expand their offerings.

Banks are developing a common framework for project finance lending. This initiative aims to curb regulatory arbitrage and operational misalignment among lenders. Discussions will involve state-run and private banks to establish common parameters. Such alignment will enhance risk mitigation and avoid divergent audit observations. Final guidelines by bank boards are expected to reduce regulatory arbitrage scope.

Highlighting the vital role of India in the global market, Infineon Technologies CEO Jochen Hanebeck remarked on the exciting advancements within the country

This land parcel is located next to its existing housing project

Brookfield will invest up to $600 million in ACME Cleantech Ventures. This investment supports green molecules projects in India and the Middle East. ACME Cleantech Ventures is developing green ammonia and methanol projects. The company has secured offtake partnerships with several global firms. This funding will expand ACME

Indian homebuyers increasingly prefer larger three-bedroom homes, with nearly half of respondents opting for this configuration. The Rs 90 lakh to Rs 1.5 crore budget bracket is the most preferred price segment. Rising housing prices are a concern, yet most buyers intend to proceed with purchases. End-users drive demand for larger homes, viewing them as long-term lifestyle value.

NMDC Panna has recovered a significant 27.29-carat gem-quality diamond. This discovery marks the second-largest diamond ever found at the Panna mine. The find follows a 13.16-carat diamond recovered earlier in July. NMDC operates India

Semicon India 2.0 aims to foster at least two hundred chip design startups and companies. The initiative will concentrate on machines, materials, and advanced packaging units. Research and development will drive innovation through industry-academia collaboration. Talent development will focus on training one lakh technicians and factory floor workers. This program seeks to create employment and a global talent pool for India.

Asian LNG demand is projected to decrease this year, with Northeast Asia seeing the largest drop. India and Bangladesh continue to secure spot LNG cargoes despite significant price increases. High fuel costs are impacting energy-intensive industries in China, reducing their output. India

The Union Health Ministry has tightened oversight of stem cell therapies, warning against their unregulated use and making clear that they can be offered as standard treatment only for Ministry-approved conditions.

Indian state-owned refiners are facing growing crude supply uncertainty as Middle East disruptions coincide with the risk of tougher US restrictions on Russian oil buyers. Saudi Arabias East-West pipeline shutdown has disrupted more than 400,000 barrels a day of supplies to India, although about half the capacity could return within days.

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Curapod has launched a new wearable device for menstrual pain management. This device utilizes red and near-infrared light wavelengths for pain relief. The wearable connects to a mobile application for personalized light dosage adjustments. Clinical evaluations indicate significant pain reduction for many users. The company is expanding its wearable technology into other pain management areas.

Indias biggest private banks are finding it increasingly difficult to identify executives with the breadth of experience needed to lead large, complex institutions. HDFC Bank and Kotak Mahindra Banks CEO searches have highlighted a surprisingly narrow talent pool, as regulatory requirements, limited succession pipelines and competing financial sectors constrain potential candidates.

The Centre has requested a report from the NPPA regarding price discrepancies. Maharashtra FDA flagged significant gaps between trade prices and MRPs for hospital items. A survey revealed markups of over 2,800 percent on certain medical consumables. This situation may revive discussions on trade margin rationalisation for medical devices. The medical device industry supports calls for fair pricing and ethical practices.

"Various retailers across categories may increase prices or lower festive discounts, since they are, as it is, dealing in an inflationary environment and higher costs of logistics this festive season because of disruptions linked to the West Asia war earlier in the year," said Kumar Rajagopalan, chief executive, Retailers Association of India (RAI).

A 40-basis-point MDR on UPI transactions could create a large revenue pool. Issuing banks and UPI apps will receive substantial portions of this estimated revenue. Merchant-side payment apps and acquiring banks will also capture significant revenue shares. This levy aims to sustain UPI infrastructure and support its continued expansion. The charges remain well below card fees and exempt many smaller transactions.

Counterpoint Research data showed an almost identical drop in online contribution to smartphone sales. Researchers and industry executives attributed the reversal to weaker demand for entry-level products, fewer online discounts and wider availability of EMI financing at physical stores.

Hormuz crisis-driven oil price rise may boost ONGC’s oil business, but surging gas and naphtha feedstock costs are hurting its petrochemical unit.

The new framework introduces a 0.4% MDR on person-to-merchant UPI transactions above Rs 2,000, capped at ?300 on transactions of Rs 75,000 and above, while consumers will not be charged. It takes effect from October 15. GST is paid by the service provider who typically recover the amount from whoever receives service.

Gail India has received PNGRB approval to transfer city gas assets to subsidiary (Catch all the Business News , Breaking News and Latest News Updates on The Ec.

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The government has reduced windfall taxes on petroleum exports. Levies on petrol, diesel, and aviation turbine fuel have been lowered. This change follows the government

Based on its colour, carat weight,and clarity (CCC), and add one S-Shape ,the newly recovered 27.29-carat diamond is initially estimated to be valued at around Rs 1 crore. The final value will be determined through the prescribed evaluation and auction process, the company said.

Japanese firm Fujifilm will invest USD 83 million in a new manufacturing facility. This facility will produce essential semiconductor materials in two phases. Commercial production is anticipated to commence in fiscal year 2028. The company plans to support front-end process chemicals initially. Fujifilm seeks to align with India Semiconductor Mission

Ministers reviewed using ship recycling steel to boost domestic production. Key stakeholders examined regulations for secondary steel usage. Discussions focused on expanding recycled steel applications to new sectors. This aims to enhance value generation from ship recycling operations. The government promotes circular economy and sustainable global benchmarks.

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The Supreme Court mandated the RBI to enforce lawful vehicle repossession rules. Financial institutions cannot seize vehicles without due legal process. The court ordered a finance firm to close loan accounts and refund money. Compensation was awarded for mental agony and livelihood loss. This ruling ensures borrowers are not dispossessed of vehicles arbitrarily.

The shortage is linked to the prevailing power crisis being experienced across India, MSPDCL said. Despite the availability of funds, the state is facing difficulties in ensuring adequate power supply, it added.

India aims to raise the share of agricultural produce undergoing food processing to 25-30 per cent from the current 16-17 per cent, as the government seeks to expand value-added production, reduce post-harvest losses and improve the sector

The state already has more than 20,000 chip designers and over 10,000 analogue engineers, while more than 100 companies are engaged in chip design, Patil said.

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The standoff escalated in 2025 when the department issued a revised royalty demand of Rs 367.51 crore (after adjusting Rs 125 crore already deposited by the firm), followed by a separate penalty notice of Rs 482.70 crore under the Mines and Minerals (Development and Regulation) Act.

NITI Aayog suggests improving access to geological data and capital for exploration companies. Streamlining approvals and procedures will help reduce project delays significantly. Promoting domestic production of specialized alloys and integrating suppliers is also recommended. Establishing traceable collection systems for batteries and e-waste is crucial. The report highlights India

Veteran actor Anant Nag has been honored with the Dadasaheb Phalke Award. He will receive this prestigious award at the National Film Awards ceremony. Prime Minister Narendra Modi congratulated the distinguished artist for his contributions. Nag has appeared in over 300 films across multiple Indian languages. His extensive career includes notable television work and state film awards.

Children from Lal Bagh are now attending school for the first time. Parents previously faced document and income loss challenges for enrolment. Asha Community Health and Development Society facilitates this educational initiative. Health issues like malnourishment also present significant barriers for these children. The organization works to prevent educational deprivation from continuing across generations.

Artificial intelligence is revolutionising the landscape of entertainment production, offering creators remarkable cost savings. Smaller production companies can now bring projects to life while maintaining their intellectual property rights. With generative AI at the forefront, content creation in areas like audio and microdramas is already gaining momentum. This shift is predicted to ripple across film and high-quality scripted series, leading to significant growth in innovation and content ou

The government will levy a 0.4% fee on UPI merchant payments exceeding two thousand rupees. This new charge will take effect from October fifteenth, impacting business transactions. Everyday person-to-person payments and small transactions will remain entirely free of any charges. Government sources state this move aims to strengthen the UPI ecosystem

Electric mobility is a strategic imperative for India

In an exclusive interview with The Economic Times at the Global Fintech Fest 2026, Juspays Ishan Sharma reflected on 12 years of solving payments at population scale, the rise of agentic commerce and why Indian fintechs must aim for developed markets.

AI-driven agentic commerce is set to revolutionize payment processes, emphasizing trust and compliance. As consumers gain enhanced autonomy, they will bear greater responsibility in this evolving landscape. In-Solutions Global highlights the importance of establishing sturdy guardrails for safety. With its strategic initiatives, the company aims to spearhead this significant change, originating from India and impacting the global market.

In a significant move, the government has lifted the provident fund wage ceiling to Rs 25,000 monthly, bringing over 51 lakh new employees into the fold of social security. This adjustment is projected to cost the Centre Rs 11,339 crore annually. As a result, more individuals will benefit from mandatory coverage, but employers should prepare for an increase in obligatory contributions once the changes take effect.

Traders will now encourage cash payments to avoid new UPI transaction fees. A 0.4 percent charge applies to UPI transactions exceeding two thousand rupees. This new fee impacts merchants operating on already tight profit margins. Small merchants earning under one lakh rupees monthly remain exempt from this charge. The government aims to balance digital payment adoption with merchant costs.

The enhanced wage ceiling, approved by the Cabinet on Wednesday, will put additional financial burden on employees and the government while the employees may see a dip in take home salary. As per government estimates, the average additional outgo for employers will be Rs 600 per worker per month under the enhanced wage ceiling, which comes into effect from Thursday. The annual government outgo is estimated at about Rs 11,339 crore.

Realty firm DRA has acquired a ten-acre land parcel in Chennai for Rs 159 crore. This acquisition is part of the company

Juniper Hotels plans to acquire Novotel Imagicaa for Rs 248 crore. This acquisition advances the company