India

India is poised for an unprecedented wave of investments worth Rs. 80 lakh crore across key sectors, signaling a new chapter in the nation’s economic transformation. The projected inflows are expected to strengthen infrastructure, boost manufacturing, and accelerate the adoption of renewable energy while simultaneously generating millions of jobs. This infusion of capital underscores global confidence in India’s growth trajectory and its resilience amid uncertain global conditions.

Ola Electric, India’s leading electric mobility company, has filed a Production-Linked Incentive (PLI) claim worth Rs. 400 crore, reflecting its aggressive expansion in the electric vehicle (EV) manufacturing sector. The move comes as the company ramps up production capacity at its Tamil Nadu facility and strengthens its position in the country’s rapidly growing EV market. The claim underscores Ola’s commitment to leveraging government incentive schemes to accelerate EV adoption while reducing production costs.

IValue Infosolutions, a leading technology distribution and solutions provider, is set to launch its initial public offering (IPO) on September 18. The issue, priced between Rs. 284 and Rs. 299 per share, seeks to raise capital to strengthen the company’s growth trajectory and expand its market presence. With a diversified portfolio spanning cybersecurity, cloud computing, and data management, the firm positions itself as a key player in India’s fast-evolving digital transformation landscape.

India’s Wholesale Price Index (WPI) inflation moved into positive territory in August, registering 0.52% after several months of deflationary trends. The reversal reflects rising costs of food, fuel, and manufactured products, suggesting that wholesale prices are gaining momentum amid persistent global and domestic challenges. While retail inflation remains elevated, the uptick in WPI signals potential downstream effects on consumer prices in the coming months.

Gold prices eased slightly in early trade as global investors turned cautious ahead of the U.S. Federal Reserve’s upcoming policy decision. The yellow metal, often considered a safe-haven asset, has witnessed subdued demand as markets anticipate signals on interest rates and future monetary tightening. A stronger dollar and steady bond yields have weighed on sentiment, prompting some investors to book profits.

The Income Tax Department has officially clarified that September 15 will remain the deadline for filing income tax returns (ITRs) for specific categories of taxpayers. This confirmation brings clarity amid speculation of potential extensions, ensuring individuals, professionals, and businesses prepare accordingly. The department’s communication underscores the government’s intent to enforce compliance while streamlining the tax administration system.

Gold futures in India reached an all-time high of Rs 1.09 lakh per 10 grams, reflecting heightened investor interest amid global economic uncertainties and rising inflationary concerns. The surge is driven by robust demand from both institutional and retail investors seeking safe-haven assets, alongside favorable currency movements and geopolitical tensions. Analysts suggest that sustained inflows into gold are underpinned by its role as a hedge against market volatility and currency depreciation.

India’s foreign exchange reserves have surged to a historic high of USD 698.27 billion, reflecting the country’s robust external position and strong investor confidence. The steady rise highlights resilient capital inflows, effective monetary management, and a favorable global trade balance. With the Reserve Bank of India (RBI) maintaining a cautious but strategic approach, the record reserves provide a crucial buffer against currency volatility, external debt obligations, and global financial uncertainty.

Senior parliamentarian Shashi Tharoor has emphasized the potential of Goods and Services Tax (GST) rate reductions to stimulate India’s economy. By advocating for calibrated cuts, he underscored the importance of easing the burden on businesses and consumers while broadening the tax base. Tharoor argued that lower rates could invigorate demand, support small enterprises, and make compliance more attractive, ultimately strengthening revenue collection.

In a major step to strengthen India’s digital payments ecosystem, the National Payments Corporation of India (NPCI) has announced higher transaction limits for Unified Payments Interface (UPI) transactions effective September 15, 2025. The revised norms will allow users to make single payments of up to Rs. 5,00,000 and daily payments up to Rs. 10,00,000 in specified categories such as insurance, capital markets, loan repayments, and travel. Person-to-Person transfers remain capped at Rs. 1,00,000 per day.