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business

🀝 Modi meets global leaders at BRICS summit

PM Narendra Modi is attending the 18th BRICS Summit in New Delhi to meet several world leaders. He is scheduled to meet Russian President Vladimir Putin, Chinese President Xi Jinping, and Iranian President Masoud Pezeshkian. Discussions with China focus on economic ties, trade deficits, and increasing access for Indian goods. Modi's delegation is engaging with global powers while managing various trade concerns. The summit aims to strengthen the Global South's voice and push for institutional reforms.

#BRICS#IndiaPolitics#GlobalSouth
business

πŸ’° Kuwait worker's tax case sees partial win at ITAT

An Indian working in Kuwait, originally from Ahmedabad, faced an income tax notice for not filing an ITR despite remitting over a crore rupees. The taxman initially treated Rs 3.63 crore as unexplained money, leading to an assessed income of that amount. After appeal, the ITAT Ahmedabad partially ruled in his favour, deleting Rs 5.52 lakh from the addition. However, the tribunal retained a Rs 2.50 crore addition related to his HDFC Bank account. This ruling relies on precedents showing foreign earnings in NRE accounts are not unexplained. πŸ’Έ

#TaxCase#NRI#ITAT
india

πŸ•΅οΈ Odisha auditors caught demanding β‚Ή10 bribe per student

Odisha vigilance sleuths intercepted two auditors for demanding a β‚Ή10 bribe per student in government residential schools. The auditors were operating in Baripada while conducting an audit for the ST and SC Development department. Authorities seized a total of β‚Ή14,38,340, including β‚Ή5,51,510 found during the initial stop on September 10, 2026. This demand was reportedly to regularize discrepancies in the schools' accounts. The case has now been converted into disproportionate asset cases, and raids are underway at their residences. 🚨

#OdishaVigilance#BribeScam#GovtAudit
india

🎭 Fake PMO ID used for impressing fiancée

A man was arrested for using a fake Prime Minister's Office ID card in Mumbai. Rohan Parikh, 24, and his bodyguard, Dilip Kunde, were apprehended at a Bandra Kurla Complex mall on Monday. Parikh allegedly used AI tools in 2025 to create the convincing digital ID card. His motive was to impress his fiancΓ©e and in-laws by appearing influential at the PM's event. Further investigation is ongoing into the fraud and security breach.

#Mumbai#FakeID#PMO
business

🌍 BRICS summit debate: Tharoor vs. Chidambaram

Congress MP Shashi Tharoor defended India's BRICS presidency, highlighting its diplomatic value for the Global South. Former finance minister P Chidambaram, however, questioned if recent summits yielded any tangible benefits for India. Tharoor noted the 11 BRICS nations represent a majority of the world's population and 41% of global GDP. He argued diplomacy offers broader benefits beyond immediate measurable outcomes, citing the New Development Bank. The 18th BRICS Summit is set for September 12-13 at Bharat Mandapam in New Delhi. 🌍

#BRICS#IndiaDiplomacy#GlobalSouth
world

πŸ’ͺ Mongolian President's unexpected gym flex πŸ‹οΈ

Mongolian President Ukhnaagiin Khurelsukh went viral after lifting weights during a military unit visit. The 58-year-old former Army officer performed 20 repetitions of a 100kg bench press. This happened while he was wearing a sharp business suit, according to the widely shared video. Khurelsukh, who has been President since 2021, has a background in bodybuilding and martial arts. He continues to share his activities, including playing guitar and founding a Harley-Davidson fan club.

#MongoliaPower#PresidentFlex#FitnessGoals
world

πŸ’ 5 orangutans found in Odisha raise smuggling fears

Five baby orangutans were rescued by the Odisha forest department from Bichitrapur forest on September 8. The animals were found in Balasore district, Odisha, India. Preliminary observations suggest they might be Sumatran orangutans, though DNA testing is pending. Since orangutans are native only to Indonesia and Malaysia, this strongly suggests wildlife trafficking. Authorities are coordinating to verify origins and facilitate their return to Indonesia. πŸ’

#WildlifeSmuggling#Odisha#OrangutanRescue
world

🚒 Trump turned down MBS's request to strike Houthis

Saudi crown prince Mohammed Bin Salman called US President Donald Trump twice to ask for strikes against Houthi forces. These calls happened on Thursday as Houthi forces advanced on the coastal city of Mokha. Trump declined the direct military intervention but promised intelligence and targeting data to Saudi Arabia. Washington's main focus remains keeping the Red Sea open while supporting regional partners. This follows the Houthis seizing Mokha and threatening vital shipping routes near the Bab el-Mandeb Strait.

#RedSea#SaudiArabia#Trump
health

πŸ’‰ New flu vaccine shows stronger defense in older adults

A Phase 3 study published in The Lancet Infectious Diseases found aQIVc superior to other flu vaccines in older adults. The trial involved 7,699 people, comparing CSL Seqirus’s quadrivalent vaccine against egg-based and recombinant options. The study showed superior immunogenicity against all four strains for those 65+ and non-inferiority for others in adults 50 and older. This combination of three enhancement strategies produced immune responses that lasted throughout the influenza season. CSL Seqirus plans a phased rollout, with advisory groups potentially using this data for the 2027 season.

#FluShot#VaccineScience#ElderHealth
business

⚑ Kerala tackling major power shortage, says minister

The Kerala Electricity Minister, Sunny Joseph, stated that KSEB is working hard to manage the severe power shortage in the state. This situation is happening in Kerala, where electricity demand has shot up by over 1,000 MW compared to last year. Consumption is up due to ACs, EVs, and shifted peak hours, while generation has dropped alongside a coal shortage. The state is working on storage facilities like the 500 MW BESS project at Brahmapuram. Hydroelectric power remains the main source, but new projects are currently stalled. ⚑

#KeralaPower#EnergyCrisis#KSEB
business

πŸ“ˆ NSE IPO: How big shareholders will cash out

The National Stock Exchange announced the price band for its β‚Ή22,000 crore-plus IPO, with shares priced between β‚Ή1,700 and β‚Ή1,785. Major selling shareholders include SBI, Bank of Baroda, and others in India's second-largest IPO ever. SBI alone can earn β‚Ή2,856 crore from selling up to 1.6 crore shares. This massive stake sale allows several entities to make substantial profits based on their acquisition costs. The IPO is set to proceed with various institutional players selling off their holdings. πŸ’°

#NSEIPO#StockMarket#IndiaBusiness

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