Digest for 07 September, 2025
Government Overhauls GST, Reducing Tax Slabs to Boost Economy
The Union government has announced a major overhaul of the Goods and Services Tax (GST) system, consolidating the structure into two main slabs of 5% and 18%, and eliminating the 12% and 28% rates. The reform, effective September 22, will reduce prices on nearly 400 products, from cars to daily essentials. Finance Minister Nirmala Sitharaman described it as a "people's reform" aimed at benefiting every family, increasing consumption, and simplifying compliance for businesses, especially small and medium enterprises.
US-India Tensions Rise Over Russian Oil Trade Comments
A diplomatic spat has erupted after White House advisor Peter Navarro accused India of profiteering from Russian oil purchases, claiming the revenue fuels Russia's war in Ukraine. His post on X was fact-checked by the platform's community notes, which stated India's trade is for energy security and does not violate sanctions. Navarro reacted angrily, calling the note "crap." India's Ministry of External Affairs rejected his remarks as "inaccurate and misleading," despite recent positive exchanges between President Trump and PM Modi.
Canadian Government Report Links Khalistani Groups to Terror Funding
A new Canadian government assessment on money laundering and terrorist financing has identified Khalistani extremist groups, including Babbar Khalsa International (BKI) and the International Sikh Youth Federation (ISYF), as posing significant financing risks. The report states these groups exploit Canada's financial system and diaspora networks to raise funds. This official acknowledgment comes amid strained diplomatic relations between India and Canada over pro-Khalistan activities, with New Delhi repeatedly accusing Ottawa of inaction against such groups.
Six Killed in Gujarat as Cargo Ropeway Cable Snaps at Pavagadh Temple
Six people, including two lift operators and four labourers, were killed after the cable of a cargo ropeway snapped at Pavagadh Hill in Gujarat's Panchmahal district. The incident occurred around 3 p.m. as the trolley was descending the hill, which is famous for the Mahakalika Temple. According to officials, the main ropeway for pilgrims had already been shut for two days due to inclement weather. An investigation into the cause of the accident has been initiated by the district administration.
Russia Escalates Attacks on Kyiv, Killing at Least Two
Russia launched a major drone and missile attack on Kyiv, killing at least two people, including a one-year-old child, and injuring eleven others. A plume of smoke was seen rising from the roof of the cabinet of ministers building in the city center, raising concerns of an escalation as Russia has previously avoided targeting key government infrastructure directly. The attack, the second in two weeks, struck residential buildings and comes amid diminishing prospects for peace negotiations between the two nations.