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India’s $30 Billion Import Substitution Opportunity in Chemicals: SRF CMD Ashish Bharat Ram Calls for Domestic Capacity Push

India’s chemical sector is on the cusp of a transformative shift, with a massive $25–30 billion opportunity to substitute imports through domestic manufacturing, according to SRF Chairman and Managing Director Ashish Bharat Ram. Speaking to media on September 3, 2025, Bharat Ram emphasized that India’s $4 trillion economy now has the scale to justify investments…

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Intel CEO Lip-Bu Tan to Visit Odisha for Semiconductor Plant Groundbreaking; Chip Production Expected by 2027

India’s semiconductor ambitions are set to receive a major boost as Intel Corporation gears up for its first strategic involvement in a domestic chip packaging facility. Intel CEO Lip-Bu Tan is likely to visit Odisha later this year for the groundbreaking ceremony of the 3D Glass Solutions (3DGS) semiconductor packaging plant, according to senior officials…

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Alcohol Prices Unchanged Under New GST Regime: Government Clarifies No Rate Hike for Liquor

Amid sweeping changes to India’s Goods and Services Tax (GST) structure, the government has officially clarified that alcohol for human consumption will not be impacted by the revised tax rates set to take effect from September 22, 2025. Despite speculation that liquor could become costlier under the new 40% GST slab for sin goods, the…

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India Urged to Cut Tariffs to ASEAN Levels and Join RCEP, CPTPP: EAC-PM Member Rakesh Mohan Calls for Bold Trade Integration

India must urgently reduce its import tariffs to match ASEAN levels and reconsider joining major regional trade blocs like the Regional Comprehensive Economic Partnership (RCEP) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), according to Rakesh Mohan, a key member of the Economic Advisory Council to the Prime Minister (EAC-PM). In a wide-ranging…

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Ruchir Sharma Says ‘Rest of the World Will Outperform America’: AI Is the Only Reason Investors Still Bet on US

Renowned investor and author Ruchir Sharma has made a bold prediction about global investment trends, stating that the rest of the world is poised to outperform the United States over the next five to ten years. Speaking on the premiere episode of Nikhil Kamath’s “WTF is Finance” podcast, Sharma emphasized that artificial intelligence (AI) is…

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Nothing 9

SEBI Chair Urges Listed Banks to Tighten Insider Trading Compliance: Dual SDD Structure, UPSI Protocols, and Governance Reforms in Focus

In a strong message to India’s banking sector, Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey has called on managing directors and chief executives of listed banks to reinforce compliance with insider trading regulations. Speaking at a sensitization session held in Mumbai on September 3, 2025, Pandey emphasized that adherence to the…

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Raamdeo Agrawal Projects 12–15% CAGR for Indian Equities, Warns Against Short-Term Investing

Veteran investor and Motilal Oswal Financial Services Chairman Raamdeo Agrawal has advised investors to adopt a long-term view on Indian equities, projecting a compound annual growth rate (CAGR) of 12–15% over the next 15–25 years. Speaking at his firm’s investor conference on September 4, 2025, Agrawal cautioned against investing with a 5–6 month horizon, stating…

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GST Rate Cuts Effective September 22: Full List of New Tax Slabs, Item-Wise Changes, and 75 FAQs Explained

In a landmark decision, the GST Council has approved a major overhaul of India’s Goods and Services Tax structure, slashing rates across a wide range of goods and services. Effective from September 22, 2025, the new framework consolidates the existing four-tier system into a simplified two-slab structure of 5% and 18%, with a special 40%…

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India’s Unincorporated Sector Hits Record 13 Crore Employment: Trade, Services, and Self-Employment Drive Growth

India’s unincorporated non-agricultural sector has crossed a historic milestone, recording over 13 crore employed workers for the first time in the January–March quarter of 2025, according to the Ministry of Statistics and Programme Implementation (MoSPI). The surge, captured in the newly launched Quarterly Bulletin of Unincorporated Sector Enterprises (QBUSE), reflects a dynamic shift in India’s…

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FirstClub Raises $23 Million in Series A Round Led by Accel, Paramark Ventures, and Aditya Birla Ventures to Scale Premium Quick Commerce Model

Bengaluru-based quick commerce startup FirstClub has secured $23 million in a Series A funding round led by Accel and RTP Global, with participation from existing investors Blume Ventures and 2am VC, and new backers Paramark Ventures and Aditya Birla Ventures. The round, comprising 90% equity and 10% debt, values the company at $120 million (approximately…

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