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Sun Pharma Advanced Research Company won a case for a ₹27.51 crore CENVAT credit refund on Sunday (October 4). The Mumbai tribunal dismissed the Revenue's appeal, confirming the company’s entitlement to the funds plus interest. This decision finally settled the long-standing litigation that the firm first disclosed on August 14, 2023.
Data centres are becoming India’s new job engine, with hiring expected to grow significantly. CIEL HR reported over 7,400 job openings between October 2025 and September 2026. "The data centre industry is becoming a meaningful employment engine in India," said Ganesh S. Padmanabhan. Many roles now exist beyond just IT professionals.
JSW Motors CEO Ranjan Nayak said CAFE-3, starting from April next year, helps the company plan products and investments with clarity. He said, "CAFE-3 provides greater regulatory certainty, which is important for companies like JSW Motors." The firm now focuses on New Energy Vehicles to support India’s cleaner mobility transition.
The RBI is likely to increase the repo rate by 0.25 per cent in the October policy review. Economists said rising inflation risks and global tensions pushed this decision. "Coordination with global central bank hikes, rising inflation risks and strong growth momentum provide policy space to hike," said Kanika Pasricha.
Sushil Tiwari sold ancestral agricultural land for ₹8 crore on September 18, 2017, and claimed tax relief. The tax department initially disallowed his exemptions, but the ITAT ruled in his favour on September 1, 2026. The tribunal confirmed his property use was commercial and his new land purchases were valid.
Gold prices held steady across major Indian cities on October 4. In Delhi, 22-carat gold cost ₹13,775 per gram, while Mumbai saw rates at ₹13,725. Many buyers checked these unchanged prices as markets remained calm. Rates for 24-carat gold also stayed the same, providing stability for people across the country.