Centre Cuts GST to Boost Cooperatives, Benefit 10 Crore Dairy Farmers
Centre has recently announced wide-ranging reductions in Goods and Services Tax across key sectors that directly impact cooperatives, farmers, rural enterprises and benefit more than 10 crore dairy farmers in the country. Ministry of Cooperation said in a statement that these landmark reforms will strengthen the cooperative sector, make their products competitive, increase demand of their products and increase income of cooperatives. The reforms will promote rural entrepreneurship, and ensure affordable access to essential goods for millions of households. GST rate reductions will benefit cooperatives in farming and animal husbandry, promote sustainable farming practices, and benefit small farmers. The Ministry added that these Next Generation GST reforms brought under the leadership of Prime Minister Narendra Modi have been hailed by the entire dairy cooperative sector, including the big cooperative brands.
In the dairy sector, direct relief has been provided to farmers and consumers as milk and paneer, whether branded or unbranded, have been exempted from GST. The tax on butter, ghee and similar products has been reduced from 12 percent to 5 percent. GST on milk cans made of iron, steel or aluminium has also been lowered from 12 percent to 5 percent.
Israel launches new military surveillance satellite into space
Israel on Tuesday launched its latest spy satellite into space from an undisclosed site, the Defence Ministry said.
The Ofek 19 satellite was built by state-run Israel Aerospace Industries.
“Ofek 19 is a highly advanced SAR (synthetic aperture radar) observation satellite with enhanced capabilities. Upon entering Earth’s orbit, the satellite will undergo a series of designated tests to assess its integrity and performance,” the ministry said in a statement.
Israel has launched Ofek observation satellites since 1988 for monitoring and intelligence gathering for the military.
Red Sea cable damage sparks internet outages across Asia and Middle East
Internet users in India, Pakistan, and parts of the Middle East faced widespread disruptions after subsea cable systems in the Red Sea were damaged, according to internet observatory NetBlocks. The outage has highlighted the vulnerability of global digital infrastructure that depends heavily on undersea cables for connectivity.
According to Reuters, the impact of the outage was not limited to South Asia. Users in the United Arab Emirates also reported difficulties in accessing online services, particularly those using Etisalat and Du networks. NetBlocks confirmed the disruptions and traced the problem to failures in cable systems near Jeddah, Saudi Arabia.
Indian filmmaker Anuparna Roy wins Best Director award at 82nd Venice Film Festival
Indian filmmaker Anuparna Roy has won Best Director award in the Orizzonti section at the 82nd Venice Film Festival. This section highlights new and indie films. Her film, Songs of Forgotten Trees, was the only Indian entry in this category and tells the story of two migrant women in Mumbai. The award was announced by Julia Ducournau, president of the Orizzonti jury.
Vetern U.S. director Jim Jarmusch won festival’s top honor, the Golden Lion for Best Film, for his movie Father Mother Sister Brother. The film explores family dynamics and generational tension, with scenes set in New Jersey, Dublin, and Paris. The Silver Lion runner-up award was given to The Voice of Hind Rajab, directed by Tunisia’s Kaouther Ben Hania. Based on a true story of a young Palestinian girl killed during the Gaza war.
Toni Servillo won Best Actor for his role as a weary president in Paolo Sorrentino’s Italian film La Grazia while the Best Actress award went to Chinese star Xin Zhilei for her performance in The Sun Rises On Us All. Benny Safdie was named Best Director in the main competition for The Smashing Machine. Italian director Gianfranco Rosi received a special jury prize for his black-and-white documentary Below the Clouds.
Union Minister Jitendra Singh Felicitates Indian Team at 18th IESO, China
Union Minister Dr. Jitendra Singh has felicitated the student winners in New Delhi, comprising the Indian team at the 18th International Earth Science Olympiad (IESO-2025) held at Jining in China last month.
Team India put up a stellar performance by securing a total of seven medals including one Gold, 4 Silver and 2 Bronze, along with a 3rd Prize in the International Geoscience Youth Movement Reporter category.
Speaking on the occasion, Dr. Jitendra Singh lauded the young achievers for bringing glory to the nation and said the results reflect the new aspirational spirit among youth, particularly from Tier-2 and Tier-3 cities, after India’s startup revolution in the last decade. The Minister underlined that the National Education Policy (NEP-2020) has unleashed the creative potential of young minds by freeing them from the limitations of rigid subject streams and enabling them to explore diverse disciplines.
Max Verstappen breaks Schumacher's fastest race record with Italian GP win
Max Verstappen stormed to victory at the Italian Grand Prix on Sunday, September 7, taking the chequered flag from pole position and shattering Michael Schumacher’s long-standing record for the fastest race in Formula 1 history.
The Red Bull driver completed the 53 laps at Monza in 1 hour, 13 minutes and 24.32 seconds, eclipsing Schumacher’s 2003 benchmark of 1 hour, 14 minutes and 19.838 seconds. That race, also at Monza, had stood as the sport’s speed record for more than two decades.
Reflecting on the win, Verstappen said: “Lap 1 was a bit unlucky but after that we were flying. The car was really enjoyable, I could manage the pace and we pitted at the right time. Just fantastic execution by everyone. Step by step, race by race — but this was for us an unbelievable weekend.”
Unified Pension Scheme: Centre notifies slew of rules under UPS
The central government on Thursday said it has notified rules regarding service matters related to benefits under the Unified Pension Scheme (UPS) in respect of its employees.
“The Department of Pension and Pensioners’ Welfare has notified in the official Gazette on the Central Civil Services (Implementation of the Unified Pension Scheme under the National Pension System) Rules, 2025 for regulating the service matters relating to benefits under the Unified Pension Scheme in respect of Central Government employees opting for UPS as an option under the NPS,” the Ministry of Personnel, Public Grievances and Pensions said in a statement on Thursday.
The Ministry further said that the Central Civil Services (Implementation of the Unified Pension Scheme under the National Pension System) Rules, 2025 will cover various topics.
ICC Women’s ODI World Cup - full schedule, venue, date, time and squads
The International Cricket Council announced that the upcoming edition of the eight-team women’s ODI World Cup will take place from September 30 to November 2 across five venues in India and Sri Lanka.
The Sri Lankan capital will be organising all games featuring Pakistan.
The venues for the knockouts will depend on Pakistan‘s qualification, as two alternative venues have been identified for one semifinal and the final.
The eight teams that will feature in the Women’s World Cup are India, Australia, England, South Africa, New Zealand, Sri Lanka, Bangladesh and Pakistan. The teams will clash in 28 league matches in a round-robin format.
Aadhaar Authentication Transactions Rise 10% to 221 Cr in Aug
Aadhaar authentication transactions increased by 10 per cent year-on-year to 221 crore in August 2025, Unique Identification Authority of India said on Thursday.
Aadhaar custodian Unique Identification Authority of India (UIDAI) said the Aadhaar Face Authentication solutions are also witnessing consistent growth, with at least 18.6 crore transactions recorded in August 2025 compared to 6.04 crore a year ago.
"Aadhaar number holders executed over 221 crore authentication transactions in August 2025, more than the previous month this year, as well as the corresponding month in the previous fiscal. The August 2025 authentication transactions are over 10.3 per cent more than such transactions recorded in August 2024," UIDAI said in a statement.
NPCI Hikes UPI Transaction Limits For These Categories To Rs 5 Lakh
The National Payments Corporation of India (NPCI) has announced a significant increase in UPI transaction limits for certain categories. The move is aimed at facilitating high-value transactions.
From September 15, verified merchants under tax payments, capital markets, and insurance categories can carry out transactions under the enhanced limit. As per the circular issued on August 28, NPCI has increased the Unified Payments Interface (UPI) transaction limit to Rs 5 lakh.
“NCPI has increased the per transaction limits for entities under categories aligned to tax payments to Rs 5 lakh. With UPI emerging as a preferred payment method, there are requirements from the market on extending higher per transaction limits for additional categories of transactions in UPI," the circular read.