Unique Times

04/09/2025

ED Summons Shikhar Dhawan in Illegal Betting App Money Laundering Case

Former Indian cricketer Shikhar Dhawan has been summoned by the Enforcement Directorate (ED) on Thursday in connection with a money laundering probe linked to the illegal betting app 1xBet, official sources said. The 39-year-old’s statement will be recorded under the Prevention of Money Laundering Act (PMLA) as part of the ongoing investigation.

Know More: https://uniquetimes.org/ed-summons-shikhar-dhawan-in-illegal-betting-app-money-laundering-case/

News. ED Summons Shikhar Dhawan in Illegal Betting App Money Laundering Case -

04/09/2025

India’s Auto Stocks Surge as GST Cuts Boost Demand Outlook

India’s auto stocks rallied on Thursday, with the Nifty Auto index jumping as much as 3.7% to its highest level in nearly 11 months after the government slashed consumption taxes on vehicles. Auto shares were last up 1.9%, leading gains on the benchmark Nifty 50 index, which traded 0.6% higher.

Know More: https://uniquetimes.org/indias-auto-stocks-surge-as-gst-cuts-boost-demand-outlook/

03/09/2025

Jaishankar Seeks German Backing to Speed Up India-EU Free Trade Talks

Indian Foreign Minister Subrahmanyam Jaishankar on Wednesday urged German counterpart Johann Wadephul to support New Delhi’s push for a deeper partnership with the European Union and to expedite long-pending free trade pact negotiations. Wadephul, on a two-day visit to India, held discussions in New Delhi after visiting Bengaluru on Tuesday.

Know More: https://uniquetimes.org/jaishankar-seeks-german-backing-to-speed-up-india-eu-free-trade-talks/

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03/09/2025

India Plans Biggest GST Cuts in Eight Years to Boost Consumption

India is set to consider its largest consumption tax overhaul in nearly a decade, as federal and state ministers meet for a two-day session from Wednesday. The Goods and Services Tax (GST) panel, chaired by Finance Minister Nirmala Sitharaman, will consider reducing rates on more than 400 items, including essentials such as toothpaste and shampoo, as well as small cars, air conditioners, and televisions. The move follows Prime Minister Narendra Modi’s push for greater self-reliance, aiming to counter the impact of steep U.S. tariffs on Indian exports.

Know More: https://uniquetimes.org/india-plans-biggest-gst-cuts-in-eight-years-to-boost-consumption/

News. India Plans Biggest GST Cuts in Eight Years to Boost Consumption -

02/09/2025

Markets Rally Ahead of GST Council Meeting; Reliance, Sugar Stocks Shine

India’s benchmark equity indices extended gains on Tuesday, buoyed by optimism over upcoming Goods and Services Tax (GST) reforms and festive demand prospects. The NSE Nifty 50 rose 0.41% to 24,726.35, while the BSE Sensex gained 0.41% to 80,691.20 as of 10:17 a.m. IST. The rally comes on the back of Monday’s 0.8% advance, driven by stronger-than-expected GDP data and expectations of GST rate cuts.

Know More: https://uniquetimes.org/markets-rally-ahead-of-gst-council-meeting-reliance-sugar-stocks-shine/

News. Markets Rally Ahead of GST Council Meeting; Reliance, Sugar Stocks Shine -

02/09/2025

SEBI Tightens Monitoring Rules for Intraday Positions in Equity Derivatives

India’s market regulator, the Securities and Exchange Board of India (SEBI), has introduced fresh rules to monitor intraday positions in equity derivatives. The move comes after SEBI temporarily barred U.S.-based high-frequency trading firm Jane Street from Indian markets, citing manipulative strategies that hurt retail investors.

Know More: https://uniquetimes.org/sebi-tightens-monitoring-rules-for-intraday-positions-in-equity-derivatives/

News. SEBI Tightens Monitoring Rules for Intraday Positions in Equity Derivatives -

02/09/2025

SBI to Raise Up to $1 Billion Via Five-Year Dollar Bonds After India’s Rating Upgrade

State Bank of India (SBI.NS), the country’s largest lender, is planning to raise funds through dollar-denominated bonds maturing in five years, according to three merchant bankers. The bank is targeting at least $500 million, with the issue size potentially increasing to $1 billion depending on investor demand. The move comes just days after S&P Global Ratings upgraded India’s sovereign credit rating for the first time in 18 years.

Know More: https://uniquetimes.org/sbi-to-raise-up-to-1-billion-via-five-year-dollar-bonds-after-indias-rating-upgrade/

01/09/2025

Modi, Xi Pledge to View India and China as Partners, Not Rivals

Prime Minister Narendra Modi and Chinese President Xi Jinping agreed on Sunday that India and China should act as development partners rather than rivals, as they met on the sidelines of the Shanghai Cooperation Organization (SCO) summit in China. The leaders discussed ways to strengthen trade ties, reduce India’s $99.2 billion trade deficit with China, and maintain peace along their disputed Himalayan border, which has seen tensions since the deadly 2020 clash. Modi said both nations must build relations on mutual trust and sensitivities, stressing that cooperation was vital for the 2.8 billion people of the two most populous countries.

Know More: https://uniquetimes.org/modi-xi-pledge-to-view-india-and-china-as-partners-not-rivals/

News. Modi, Xi Pledge to View India and China as Partners, Not Rivals -

01/09/2025

Rajasthan Govt to Table Tougher Anti-Conversion Bill With Life Term, ₹50 Lakh Fine

The Bhajan Lal Sharma-led Rajasthan government on Sunday cleared a tougher version of its proposed anti-conversion Bill, which will be tabled in the Assembly’s Monsoon Session beginning Monday. The new Rajasthan Prohibition of Unlawful Conversion of Religion Bill, 2025, introduces harsher punishments, including up to life imprisonment and fines of up to ₹50 lakh for repeat offenders, cancellation of organisation registrations, and confiscation of properties used for unlawful conversions.

Know More: https://uniquetimes.org/rajasthan-govt-to-table-tougher-anti-conversion-bill-with-life-term-%e2%82%b950-lakh-fine/

30/08/2025

Reliance Enters AI with New Subsidiary, Strikes JVs with Google and Meta

Reliance Industries Chairman Mukesh Ambani on Friday announced the conglomerate’s entry into artificial intelligence (AI) with the launch of a wholly owned subsidiary, Reliance Intelligence, aiming to transform the group into a deep-tech enterprise. “A decade ago, digital services became a new growth engine for Reliance. Now, the opportunity before us with AI is just as large, if not larger,” Ambani said at the company’s AGM.

Know More: https://uniquetimes.org/reliance-enters-ai-with-new-subsidiary-strikes-jvs-with-google-and-meta/

News. Reliance Enters AI with New Subsidiary, Strikes JVs with Google and Meta -

29/08/2025

RSS Chief Mohan Bhagwat Urges Indian Families to Have Three Children

Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat has urged Indian families to have three children each, warning of long-term demographic risks from the country’s declining birth rates. Speaking at an event marking 100 years of the RSS, Bhagwat stressed that India’s population must remain “controlled, yet sufficient” to safeguard national capacity and cultural stability.

Know More: https://uniquetimes.org/rss-chief-mohan-bhagwat-urges-indian-families-to-have-three-children/

28/08/2025

Modi Embarks on Diplomatic Tour to Strengthen Ties with China, Japan, and Russia

Prime Minister Narendra Modi begins a high-profile overseas visit on Thursday, aiming to bolster India’s diplomatic and economic partnerships with China, Japan, and Russia amid heightened trade tensions with the United States. With President Donald Trump’s escalating tariffs hitting Indian exports, New Delhi is seeking fresh collaborations to boost its “Make in India” initiative and expand resilience in global trade.

Know More: https://uniquetimes.org/modi-embarks-on-diplomatic-tour-to-strengthen-ties-with-china-japan-and-russia/