GMR Aero Technic and StandardAero will establish an authorised service centre in India for on-wing aircraft engine support across the APAC region
LG Expects Festive Sales Boost
LG Electronics India expects double-digit festive sales growth while expanding its appliance portfolio and export markets.
Onion Prices Stay Firm Across Metros
Onion prices remained between ₹53 and ₹60 per kg across metro cities despite subsidised government sales from buffer stock.
Samsung, LG Face OLED Tariff Probe
Samsung and LG are under investigation in India over whether imported OLED television components qualified for a concessional 5% duty or should have attracted a 15% tariff.
Aadhaar Authentication Required for LPG Subsidy
Domestic LPG consumers are required to complete Biometric Aadhaar Authentication by October 1 to continue accessing subsidised refills, according to the latest requirement cited in the report.
Counterfeits Put Brand Trust at Risk
Nearly 89% of Indian consumers have unknowingly purchased a counterfeit product, highlighting the growing importance of product authentication and brand trust.
Dreame Launches X60 Ultra in India
Dreame has launched the X60 Ultra Complete robot vacuum in India at ₹1,34,999, combining 35,000Pa suction with AI navigation, obstacle detection and automated mop cleaning.
RBI May Hike Repo Rate 50 Bps
Analysts expect the RBI could raise the repo rate by a cumulative 50 basis points by December as higher inflation, crude oil prices and surplus banking liquidity increase pressure for monetary tightening.
India Opens 16th Coal Auction Round
India has launched the 16th commercial coal mine auction round with 25 blocks, while the 147 mines auctioned since 2020 are projected to attract more than ₹55,000 crore in investment.
EPFO Wage Ceiling Rises to ₹25,000
The mandatory EPFO wage ceiling will rise from ₹15,000 to ₹25,000 per month from September 17, bringing more than 51 lakh additional employees under mandatory coverage.
