GST Council proposes 2% TDS on scrap deals

Economic Times - Oct 9, 2026

The proposed levy covers plastic waste, discarded tyres, electrical and electronic scrap, and used cooking oil. Under the framework, registered buyers will have to deduct TDS when purchasing from registered suppliers and pay GST under RCM on purchases from unregistered sellers, even when the latter fall below the GST registration threshold.

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US midterm elections: Who is Abdul El-Sayed? The Egyptian-American Rhodes scholar and public health expert taking on Republicans in Michigan’s Senate race
Oct 9, 2026
US midterm elections: Who is Abdul El-Sayed? The Egyptian-American Rhodes scholar and public health expert taking on Republicans in Michigan’s Senate race

Abdul El-Sayed took an unusual route to American politics. Trained in medicine and public health, he spent years studying why people get sick and how public systems can improve their lives. Now, the 41-year-old Egyptian-American is running for the US Senate in Michigan after defeating establishment-backed Haley Stevens in the Democratic primary. A Rhodes Scholar and former Detroit health chief, he is campaigning for Medicare for All, tighter campaign finance rules and relief from rising living costs.

NEET candidate above 70, panel seeks age cap, attempt limits
Oct 9, 2026
NEET candidate above 70, panel seeks age cap, attempt limits

A parliamentary panel has put forth innovative proposals aimed at reforming NEET, JEE (Main), and CUET to enhance examination efficiency and fairness. Key recommendations include a two-stage testing approach and the adoption of computer-based assessments. Additionally, the panel emphasizes the need for greater oversight of the coaching sector to ensure transparency and prioritize students' mental well-being.

NEET candidate above 70, panel seeks age cap, attempt limits
Oct 9, 2026
NEET candidate above 70, panel seeks age cap, attempt limits

A parliamentary panel has put forth innovative proposals aimed at reforming NEET, JEE (Main), and CUET to enhance examination efficiency and fairness. Key recommendations include a two-stage testing approach and the adoption of computer-based assessments. Additionally, the panel emphasizes the need for greater oversight of the coaching sector to ensure transparency and prioritize students' mental well-being.

Trump says Russia to immediately supply 300,000 tons of diesel fuel
Oct 9, 2026
Trump says Russia to immediately supply 300,000 tons of diesel fuel

Russia has committed to supply over 300,000 tons of diesel fuel immediately to the global market. Following this, it plans to deliver 3 million tons based on refinery conditions. Additionally, Russia will provide another 500,000 tons in November and 1 million tons shortly thereafter. This agreement emerged from a successful dialogue between Donald Trump and Vladimir Putin. The delivery timeline aims to stabilize fuel availability amidst global demand.

Government scared, protest will go ahead, says Abhijeet Dipke
Oct 9, 2026
Government scared, protest will go ahead, says Abhijeet Dipke

Abhijeet Dipke, founder of the Cockroach Janata Party, has announced an upcoming protest at Jantar Mantar, Delhi, calling for the resignation of Chief Election Commissioner Gyanesh Kumar. Despite the Delhi Police's restrictions and metro station closures, the protest will continue. Dipke slammed the government for its anxiety over youth-led demonstrations, stating that the current clampdown is reminiscent of the emergency period when dissent was heavily suppressed.

Rahul Gandhi's politics seems to depend on foreign support: BJP
Oct 9, 2026
Rahul Gandhi's politics seems to depend on foreign support: BJP

BJP spokesperson Siddharth Yadav has raised concerns regarding Rahul Gandhi's recent engagement with foreign billionaires. He suggested that Gandhi's politics now rely on international figures for support and funding. Yadav referenced Gandhi's historical criticisms of foreign influence on India's democracy during media interactions. He questioned the shift in the Congress party's stance towards Starlink, contrasting it with their previous opposition.

Cricket: Shai Hope, Sherfane Rutherford fire West Indies to record T20 chase of 250
Oct 9, 2026
Cricket: Shai Hope, Sherfane Rutherford fire West Indies to record T20 chase of 250

After India posted 249-5 batting first, the West Indies rode on a 120-run fourth-wicket partnership between Hope, who hit an unbeaten 102, and Rutherford (84) to achieve the target with nine balls to spare in Ranchi. Hope completed the win with the ninth six of his innings and one that brought up his century off 45 balls, as the West Indies bounced back to level the five-match series at 1-1.

Don't use hammer to kill a fly: SC on curbs ahead of CJP's protest
Oct 9, 2026
Don't use hammer to kill a fly: SC on curbs ahead of CJP's protest

The Supreme Court has ordered the authorities to reassess proposed restrictions on public transport. Metro services must not be completely suspended, ensuring commuters have access. Authorities should only regulate movement as necessary, rather than impose complete bans. The court emphasized that measures should be proportional to the situation, promoting public movement. This decision aims to address the challenges faced by students and other commuters during the planned protest.

Don't use hammer to kill a fly: SC on curbs ahead of CJP's protest
Oct 9, 2026
Don't use hammer to kill a fly: SC on curbs ahead of CJP's protest

The Supreme Court has ordered the authorities to reassess proposed restrictions on public transport. Metro services must not be completely suspended, ensuring commuters have access. Authorities should only regulate movement as necessary, rather than impose complete bans. The court emphasized that measures should be proportional to the situation, promoting public movement. This decision aims to address the challenges faced by students and other commuters during the planned protest.

More than just football: How scandal-tainted City led Manchester's rebirth
Oct 9, 2026
More than just football: How scandal-tainted City led Manchester's rebirth

Before City -- now embroiled in the biggest financial scandal to hit football's cash-rich Premier League -- moved to the area it was "very deprived" with high rates of unemployment, he said. Since the club's takeover by deep-pocketed Abu Dhabi investors in 2008, long-neglected districts between the stadium and the city centre have become symbols of the northern city's rebirth.

Gold, silver boom puts US bank trading revenues on track for record $5 billion
Oct 9, 2026
Gold, silver boom puts US bank trading revenues on track for record $5 billion

In the first half of 2026, the precious metals desks at major banks achieved significant earnings due to high demand. JPMorgan Chase reported approximately $700 million in profits from trading gold, silver, and other metals. Deutsche Bank also returned to bullion trading, earning more than $200 million in the same period. Analysts predict that banks will generate around $5 billion from precious metals trading by the end of the year.

I'm anti-monopoly, not anti-business, says Rahul Gandhi
Oct 9, 2026
I'm anti-monopoly, not anti-business, says Rahul Gandhi

Rahul Gandhi stated that he is not against business but is opposed to monopolies in India. He emphasized the importance of a fair playing field for all businesses, large and small. Gandhi criticized the government's alignment with specific businesses, advocating for a more balanced approach. He reaffirmed his commitment to ensuring that no single entity dominates the market.

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