Daily Republic News
- Business
- October 2, 2025
Federal Shutdown Cuts Off Economic Data Vital To Policymakers And Investors
The government shutdown that began Wednesday will deprive policymakers and investors of economic data vital to their decision-making at a time of unusual uncertainty about the direction of the U.S. economy.The absence will be felt almost immediately, as the government’s monthly j Read More
- Business
- October 2, 2025
Tesla Boss Achieves New Feat! Musk First Billionaire To Surpass Net Worth Of $500 bn
Tesla Boss Elon Musk has become the first billionaire to boast of a $500 billion net worth as per Forbes Real Time Billionaires.Musk had previously crossed the $400 billion mark last December, becoming the first to reach that milestone. Currently, Musk is $150 billion ahead of La Read More
- Business
- October 2, 2025
RBI Raises IPO Financing Limit To Rs 25 Lakh And Loan Against Shares To Rs 1 Crore
To boost Capital markets participation and increase liquidity, the Reserve Bank of India (RBI) has raised the lending limit for financing Initial Public Offers (IPOs) from Rs 10 lakh to Rs 25 lakh per individual.The central bank has also raised the limit on loans against shares ( Read More
- Business
- October 2, 2025
Pension Funds Hail NPS Reforms, Call New Framework A Game-Changer For Sector
The National Pension System (NPS) has received strong support from industry experts, who said that the reforms introduced by the Pension Fund Regulatory and Development Authority (PFRDA) are progressive and will help expand the reach of retirement savings in India.On the occasion Read More
- Business
- October 2, 2025
‘Dependence Must Not Turn Into Compulsion’: Mohan Bhagwat Call For Swadeshi Amid 50% US Tariff
Amid 50 per cent US tariffs imposed on Indian goods, Rashtriya Swayamsevak Sangh (RSS) Chief Mohan Bhagwat on Thursday, October 2, said impact of the punitive levy was felt by everyone in India.Speaking at the annual Vijayadashami address, he said, “The new tariff policy implemen Read More
- Business
- October 2, 2025
If External Headwinds Remain And Growth Starts To Decelerate, MPC Likely To Cut Rates In December: Report
If external headwinds persist and domestic growth begins to decelerate, the Monetary Policy Committee (MPC) is likely to consider cutting policy rates in its December meeting, according to a report by ICICI Bank.The report highlighted that the odds of further monetary easing have Read More
- Business
- October 1, 2025
India’s GST Collections Soar 9.1% To Rs 1.89 Lakh Crore In September 2025
India’s Goods and Services Tax (GST) collections for September 2025 showcased robust growth, reaching a gross revenue of Rs 1,89,017 crore, a 9.1% increase compared to Rs 1,73,240 crore in September 2024. This marks the second consecutive month of strong GST revenue growth, refle Read More
- Business
- October 1, 2025
Mukesh Ambani Overtakes Gautam Adani As Richest Indian; Mumbai, Delhi, Bengaluru Top Wealth Creation Hubs | Hurun India Rich List 2025
India’s billionaire count has reached a whopping 358, according to the Hurun India Rich List 2025. With a combined wealth of Rs 167 lakh crore, these individuals hold nearly half of the country’s GDP.Mumbai: India’s Wealth EpicenterMumbai remains the nation’s billionaire hub, hos Read More
- Business
- October 1, 2025
UPI Transactions To Remain Free For Now, RBI Governor Sanjay Malhotra Clears Speculation
Reserve Bank of India (RBI) Governor Sanjay Malhotra clarified on Wednesday, October 1, 2025, that no proposal has been presented to impose charges on Unified Payments Interface (UPI) transactions. Speaking at the post-Monetary Policy Committee (MPC) press conference, he addresse Read More
- Business
- October 1, 2025
World Shares Are Mixed As A US Government Shutdown Adds To Uncertainty
The U.S. futures sank and world shares were mixed after a U.S. government shutdown began on Wednesday.The future for the S&P 500 dropped 0.8%, while that for the Dow Jones Industrial Average gave up 0.7%. On Tuesday, the S&P 500 rose 0.4% and the Dow gained 0.2%, to set an all-ti Read More
