Tanzania has become a major player in the global graphite market with the commissioning of two refineries in the Tanga Region. With a daily capacity of 1,000 tonnes, these refineries are the first in the country to produce industrial-grade graphite. This move not only supports Tanzania's industrialization agenda, but also positions the country to benefit from the rising demand for graphite in clean energy technologies and other industries. Additionally, the refineries have created over 600 jobs and stimulated small-scale entrepreneurship in the local community.
The Indian government announced that they will be implementing GST 2.0 reforms on September 22nd, which will result in a major transformation in the country's indirect tax system. The new reforms will consolidate the current four slabs into two, with a lower 5% tax on essential items and a 18% tax on most goods and services. Additionally, a higher 40% sin tax will be imposed on products such as tobacco, alcohol, betting, and online gaming. Consumers can look forward to a decrease in costs on various household items, as many will shift from a 12% tax to the lower 5% slab.
Samsung has announced huge discounts on its Galaxy lineup for the upcoming festive season in India. The popular Galaxy S24 Ultra, priced at ₹1,29,999 at launch, will now be available at just ₹71,999, making it an ideal time for Indian buyers to upgrade. The mid-range models, like the Galaxy A55 5G and the budget-friendly Galaxy M06 5G, also see significant price drops, making it a great opportunity for users to get their hands on the latest technology at unbeatable prices. Don't miss out on these deals, starting September 22, 2025.
While the trade talks with the United States have been grabbing headlines, the Indian government has been actively pursuing trade deals with other countries to boost its economic strength and global power aspirations. Recently, India has signed major trade agreements with Australia and the United Arab Emirates, and is currently in talks with at least a dozen other countries, including the European Union. These deals not only offer economic benefits for India but also serve as a counter to any uncertainties in US policies. However, the talks with the EU may face hurdles due to their emphasis on environmentally sustainable business practices.
In a first for the country, India's electric vehicle industry has reached a major milestone of 100,000 unit sales in FY2025, driven by launches from top players like Tata Motors, Mahindra & Mahindra, and BMW. This issue also covers the challenges faced by Tata Sons chairman N. Chandrasekaran in his third term and India's response to US President Donald Trump's tariffs. Read more in the latest Fortune India issue.
Instamart, a leading Indian e-commerce platform, announced the launch of its annual festive sale, Quick India Movement 2025, with incredible discounts up to 90%, 10-minute delivery, and exclusive early access to the latest iPhone 17. The sale features over 50,000 products from top brands such as Apple, Samsung, Philips, L’Oréal Paris, LEGO, and more. Customers can also vote for their favorite deals to be featured in the sale, and avail additional savings through bank and wallet offers. The sale is live on the Instamart app from 19th to 28th September 2025, promising a thrilling shopping experience with unbeatable value and speed.
Looking for a new mid-range smartphone? The upcoming Amazon Great Indian Festival sale is offering the Redmi Note 14 Pro Plus at an all-time low price. Some features include a triple camera, strong durability, premium design, and AI capabilities. Buyers may also trade their old device for the best value and enjoy EMI options, making it an irresistible deal.
As retailers and e-commerce platforms roll out deals for the upcoming festive season, no-cost EMIs are one of the most popular offers being promoted. But before jumping into the convenience of paying for big-ticket items in smaller instalments, consumers should understand the trade-offs involved. While it may seem like an interest-free way to spread out payments, extra charges and potential impacts on credit scores should be considered before diving into a no-cost EMI. With careful planning and responsible management, however, it can be a helpful tool for making purchases more affordable during the festive season.
People have queued up outside Apple Stores across India to get their hands on the latest iPhone 17, 17 Pro, and iPhone Air models. The sale started on Friday, 19th September and some were even seen lining up since 8 PM the day before. However, as people rushed to get their hands on the new devices, a scuffle broke out outside the Apple BKC Store in Mumbai. This led to the police being called in to control the situation. Despite the chaos, customers are excited about the new designs, camera upgrades, and color options of the new iPhone 17 series.
In a recent report, global brokerage firm Jefferies has stated that HDFC Bank continues to be its top banking choice, with a target price of Rs 1,200 per share. The report cites improving loan growth, stable asset quality, and operational efficiencies as key factors expected to drive earnings and valuations. The bank's management also shared positive insights on demand revival and easing competitive intensity in the market.