
GIFT IFSC funds see retail rush amid outperforming global markets
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10865434 Photo - 2026-09-06T122547.093
India’s proposed social-security contribution model for gig workers could have vastly different effects across platforms. Analysts say a payout-linked levy could disproportionately hit high-volume ride-hailing businesses, potentially exceeding their turnover, while a turnover-based formula would better reflect an aggregator’s economic capacity.
As AI reshapes entry-level jobs and geopolitical uncertainty clouds overseas education, Indian parents are questioning long-held beliefs about safe careers. From engineering and medicine to theatre, sports and the humanities, families are rethinking what children should study. Educators and psychologists say adaptability, continuous learning and genuine interest may matter more than certainty.
Prime Minister Narendra Modi made the appeal on September 1 in a video posted on Instagram from the Shanghai Cooperation Organisation summit in Bishkek, linking domestic spending choices with India's goal of becoming a developed economy by 2047.
President Trump pressures the Federal Reserve to cut interest rates, arguing that doing so could spur unprecedented economic growth. However, economists warn that this may reignite inflation
Federal Reserve chair Kevin Warsh faces pressure from President Trump to lower interest rates despite market expectations for a hike. A strong jobs report adds complexity, with next week's inflation data likely determining the Fed's decision on rates.
Japan’s JCR upgrades India’s sovereign rating to A- with a stable outlook after strong 7.8% GDP growth. Here’s what the BBB+ to A- upgrade means.
In this weekly Plain Facts compilation, we present to you data-based insights, with easy-to-read charts, to help you delve deeper into the stories reported by Mint in the week gone by.
President Trump increased pressure on the Federal Reserve to lower interest rates, threatening trade cuts with countries with trade deficits.
The previous all-time high had stood at USD 728.494 billion was attained during the week ended February 27 this year, right before the onset of the Middle East conflict.

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E-way bill generation remained above the 130-million mark for the fifth consecutive month in this fiscal year

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Mint Explainer: A base-year revision allows the government to incorporate newer data sources, improve its methodology and better capture changes in the economy, which can look very different over five years.
“This is a devastating critique that requires straightforward responses from the government,” Tharoor said in a post on X quoting Congress leader Jairam Ramesh's statement.
Uttar Pradesh aims to balance a massive infrastructure and tech-driven investment push with strict fiscal discipline, keeping its deficit under 3% of Gross State Domestic Product.

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Federal Reserve Governor Christopher Waller is inclined to remain patient on interest rates, influenced by upcoming inflation data. He noted he might consider a rate hike if inflation data shows progress towards the 2% goal, acknowledging some signs of disinflation.
The opposition party also asked what methodology was adopted by the government to bring this revision while seeking an explanation for the reduction of ₹43 lakh crore in the estimated size of the economy.

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