Syria to Subsidise Diesel for Heating and Farming After Fuel Price Protests
Syria will sell subsidised diesel for heating and agriculture after sharp fuel price rises triggered protests, as Damascus drivers describe shrinking daily earnings.
Economy
Pentagon Puts Iran War Cost at $45.1 Billion, Topping CBO Projection
The Pentagon has told Congress the US war with Iran has cost $45.1 billion, exceeding the Congressional Budget Office's $38 billion estimate.
India Needs Rs 168–172 Trillion Infrastructure Investment by FY31: NaBFID-BCG Report
A joint NaBFID-BCG report estimates India's infrastructure investment need at Rs 168–172 trillion through FY31, with Rs 78–80 trillion not yet in the project pipeline.
Biometric Aadhaar Check Becomes Must for Subsidised LPG Refills from October 1
From October 1, 2026, domestic LPG consumers must complete Biometric Aadhaar Authentication to book subsidised refills; nearly 90% already have.
AI adoption uneven across developed economies, hiring slowdown in exposed sectors: report
AI adoption in major developed economies ranges from 15–20%, with France, US, Netherlands and UK leading, while emerging markets record 10–15%, a Goldman Sachs Research report says.
China Holds Benchmark Lending Rates Steady for 16th Straight Month
China left its loan prime rates unchanged for a 16th consecutive month, with the one-year rate at 3.00% and the five-year at 3.50%, matching market expectations.
Passenger groups in Kerala press for more MEMU trains and coaches
Passenger organisations in Kerala are seeking additional coaches and more MEMU services to tackle overcrowding on short-distance and inter-city express trains.
Thousands March in Buenos Aires 'March of Anger' Against Milei's Austerity
Hundreds marched through Buenos Aires in the 'March of Anger' against President Javier Milei's economic policies, demanding higher wages and public funding.
US Sanctioning Act 2026: What It Means for India's Russian Oil Imports
The US law targets Russian and Iranian energy trade, with tariff provisions and conditions that could impact India's Russian oil imports.
Trump-Xi State Dinner Puts Tech CEOs at Centre of Trade Tensions
US tech leaders will attend a state dinner during the Trump-Xi meeting, with AI, chips, rare earths and supply chains at the heart of bilateral tensions.
Subsidised LPG Refills to Require Aadhaar Biometric Authentication From October 1
Domestic LPG consumers must complete biometric Aadhaar authentication to book subsidised refills from October 1, the government has said.
Petrobras Board Backs New Diesel Subsidy Worth 1 Real per Litre
Petrobras' board approved joining a diesel subsidy of 1 real per litre for 30 days, extendable by another 30 and cumulative with an existing 1.12-real subsidy.
Bessent and He to Meet in New York Ahead of Trump-Xi Washington Summit
US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng meet in New York on Sunday to prepare for the September 24 Trump-Xi summit.
Turkey Detains Five in Investment Fund Liquidation Investigation
Turkish authorities detained five people over investment fund defaults, as regulators oversee liquidation of 131 funds and the finance minister says $18.3 billion in liquidations pose no contagion risk.
Karnataka to Decide on Milk Procurement Price Hike After Farmers' Demand
Karnataka Chief Minister D.K. Shivakumar has said a decision on raising milk procurement prices will follow a meeting with producers' unions, amid farmer pressure and drought.
Raghavulu Faults Modi's US-Friendly Foreign Policy Over Oil Tariffs
CPI(M) Polit Bureau member B.V. Raghavulu criticised Prime Minister Modi's US-friendly foreign policy and warned of economic consequences from new US tariffs.
Bengaluru GST officer caught in ₹8 lakh bribe trap, mediator also named
A Central GST Superintendent was caught allegedly accepting an ₹8 lakh bribe through a mediator in Bengaluru, the Lokayukta said.
Tanker Rates Top $1 Million a Day as Iran War Tightens Hormuz
Freight rates for crude tankers through the Strait of Hormuz have crossed $1 million a day for the first time, as the Iran war raises risks and insurance costs.
BMTC weighs 200 midi buses for feeder routes amid safety and cost concerns
BMTC is inspecting smaller bus models as it plans 200 midi/mini buses for first- and last-mile connectivity to Metro stations, balancing safety and revenue concerns.
Bengaluru split on advance tipping ban as drivers seek fairer fares
Passengers in Bengaluru welcome the CCPA's action against pre-ride tipping prompts, while drivers seek fairer fares and accessible post-ride tipping.