Business Standard

• Market Valuation Surge: Eight of India's top-10 most valued firms witnessed a combined market valuation increase of ₹1.69 trillion last week, driven by an optimistic trend on Dalal Street. Bajaj Finance emerged as the biggest gainer, while Reliance Industries, HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, and Infosys also recorded gains. Hindustan Unilever Ltd and LIC, however, saw an erosion in their valuations.
• Trump Tariffs Impact on Exporters: The Indian government is considering a package of mitigating measures, including subsidized interest rates, collateral-free loans, and credit guarantees, to support labour-intensive exporters facing a 50% US tariff. Approximately 30% of India's exports to the US, valued at $27.6 billion in FY25, will remain duty-free, while 4% will face a 25% tariff.
• Adani Group Ports Policy: Adani Group ports have announced they will bar vessels facing sanctions from the US, UK, and EU from their facilities.
• Competition Commission of India (CCI) vs. Apple: The CCI is seeking Apple's response to a final probe report concerning alleged dominance in the App Store market.
• IPO Market Buzz: Over a dozen companies are reportedly planning Initial Public Offerings (IPOs) worth ₹10,000 crore, buoyed by policy support and increased liquidity.

Economic Times

• GST Reforms Announced: Union Finance Minister Nirmala Sitharaman lauded new Goods and Services Tax (GST) reforms, which have simplified the multi-tier structure into two main slabs: 5% and 18%. This overhaul, the biggest since GST's 2017 introduction, is expected to reduce the tax burden for 1.4 billion Indians and make medicines and medical devices cheaper from September 22.
• Defence Stocks Rally: Defence stocks experienced a substantial surge of ₹43,000 crore in a single trading session, pushing the Nifty Defence index to an eight-week high. This rally was fueled by new submarine orders and the Ministry of Defence's 15-year modernization roadmap.
• Asia Cup Ad Rates Decline: Advertising rates for the highly anticipated India-Pakistan Asia Cup cricket clash have dropped by 15-20%. This decline is attributed to boycott calls and a ban on the real money gaming sector, a historically significant advertiser for cricket events.
• Mutual Fund Holdings: Mutual fund cash holdings in August slipped below 5%, reaching a nine-month low.

Mint

• ITR Filing Deadline Approaches: With the September 15 deadline for Assessment Year 2025-26 (FY 2024-25) fast approaching, the Income Tax Department has reported over 6 crore returns filed and is offering 24x7 support to taxpayers. The deadline was previously extended from July 31 to September 15 due to changes in ITR forms and system readiness.
• Logistics & Industrial Real Estate Growth: India's logistics and industrial real estate sector recorded robust double-digit growth in the first half of 2025, with total leasing reaching 30.7 million square feet (MSF). This represents a 21.6% year-on-year increase, driven primarily by strong demand in warehousing and manufacturing.
• PM Modi's Assam Projects: Prime Minister Narendra Modi laid the foundation for health and infrastructure projects totaling ₹6,300 crore in Assam.

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