8 September 2021
India to pay $1 billion to Cairn to settle retrospective tax fiasco: Cairn Energy to drop cases against India, accepts $1 billion offer from the Indian government; retrospective taxes were brought in by former Finance Minister Pranab Mukherjee under the UPA government, and the government lost the arbitration on this issue in 2020
Electric vehicle manufacturing in India: The Indian government will give about $3.5 billion in incentives to auto companies over a five-year period under a revised scheme to boost the manufacturing and export of clean technology vehicles
Taliban takes over Afghanistan: The fall of Afghanistan is deepening the divide between India and Russia as their interests and capabilities diverge
Minimum Support Price of wheat: The government has raised the price it will pay to buy new-season wheat from farmers by 2 per cent, the lowest in a decade, to ₹ 2,015 per 100 kg; The move to raise MSP comes amid protests by farmers against three new farm laws that they say would hurt them by giving control to private firms over agricultural produce
Restrictions on festivities in light of Covid: A day after protests against Andhra government for being “anti-Hindu” for restricting Ganesh Chaturthi festivities, BJP limits Ganesh Chathurthi festivities in Bengaluru to three days, bans idol immersion in lakes