In a move welcomed by the agricultural sector, the government has announced a reduction in the Goods and Services Tax (GST) on tractors, effective September 22. This policy change is expected to lower tractor prices, easing the financial burden on farmers at a time when rural incomes remain under pressure from input costs and climate-related uncertainties.

The Indian rupee extended its decline against the U.S. dollar, reflecting heightened global uncertainty, firm crude oil prices, and sustained demand for the greenback by importers. Currency markets remained volatile as investors digested signals from major central banks, while foreign portfolio flows showed uneven momentum. Although India’s macroeconomic fundamentals remain relatively resilient, external headwinds continue to weigh on the rupee’s near-term trajectory.

After posting gains for three consecutive sessions, equity markets witnessed a broad-based decline as investors locked in profits and adopted a cautious stance ahead of key global and domestic events. The benchmark indices opened lower and remained under pressure throughout the session, reflecting weak global cues, persistent concerns over elevated crude oil prices, and expectations of tighter monetary policy by major central banks. Analysts noted that the correction was largely technical after the recent rally, with participants choosing to rebalance portfolios amid heightened volatility.

The launch of Apple’s iPhone 17 has triggered a surge of early buyers at Bengaluru’s flagship Apple store, reflecting the brand’s enduring popularity and strong consumer anticipation. Long queues formed hours before the store opened, as tech enthusiasts and loyal Apple customers scrambled to secure the latest model. Analysts suggest the early rush underscores India’s growing smartphone market, driven by brand loyalty, high disposable income, and demand for cutting-edge technology.

Pharmaceutical major Lupin has secured approval from the U.S. Food and Drug Administration (USFDA) for the launch of a generic version of a widely prescribed cancer treatment. The regulatory clearance marks a significant milestone for the company as it strengthens its foothold in the U.S. generics market, one of the most competitive healthcare landscapes globally. The new approval is expected to broaden access to affordable cancer therapy while contributing to Lupin’s revenue growth.

Tesla and SRAM are set to collaborate on building advanced electric vehicle (EV) battery manufacturing facilities, marking a significant development in the global clean energy and mobility ecosystem. The partnership is expected to strengthen supply chains, reduce reliance on imports, and accelerate the adoption of sustainable technologies. With Tesla’s expertise in EV innovation and SRAM’s manufacturing capabilities, the initiative will focus on scaling battery production to meet the surging demand for electric mobility worldwide.

In a move that underscores the growing convergence of mobility and wearable technology, TVS Motor Company has partnered with Noise, India’s leading smartwatch brand, to integrate electric vehicle (EV) connectivity features into smartwatches. This collaboration aims to redefine the rider experience by enabling EV users to access real-time updates, vehicle diagnostics, and ride insights directly from their wrist.

Kolkata’s residential property market witnessed a 15% year-on-year increase in home sales during August, highlighting strong buyer sentiment despite broader economic uncertainties. The surge has been attributed to a combination of stable pricing, improved financing options, and renewed confidence in long-term investments. Affordable and mid-segment housing led the demand, while premium projects also gained traction, reflecting a diversified buyer base. Developers are responding with new launches and attractive financing schemes to capture the momentum.

Sony India is projecting a significant uptick in festive season sales, driven largely by the Goods and Services Tax (GST) reduction on premium consumer electronics such as televisions, audio systems, and air conditioners. The revised tax structure, coupled with an increase in disposable incomes and rising consumer demand during Diwali and year-end festivities, is expected to provide a timely stimulus for the consumer durables sector.

Adani Airports, a key player in India’s aviation infrastructure, is introducing a suite of digital solutions designed to enhance passenger experience across its network. The initiative focuses on integrating technology into every stage of air travel—ranging from check-in and boarding to in-terminal services—streamlining processes while improving convenience and efficiency. By leveraging digital platforms, the company seeks to minimize wait times, reduce paperwork, and provide real-time information to passengers.